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Outlook & Strategy

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Illustration; Source: Next Geosolutions
Outlook & Strategy

NextGeo opens entity in ‘region of crucial importance for oil & gas sector’

Italy’s Next Geosolutions (NextGeo) has opened a new entity in the Middle East, described as a strategic initiative as part of the company’s expansion plan, aimed at strengthening its operational capacity in a “region of crucial importance for the oil & gas sector”. Next Geosolutions Middle East (FZ

about 1 year ago
New Nordic deal paves the way for Finland to store CO2 offshore Norway
Outlook & Strategy

New Nordic deal paves the way for Finland to store CO2 offshore Norway

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Finland and Norway have signed a Memorandum of Understanding (MoU) that enables the transport of CO2 from Finland, whose soil is unsuitable for permanent CO2 storage, to Norway for geological storage under the seabed. The MoU was signed on September 4 by the Finnish Minister of Climate and the Envir

about 1 year ago
K Line
Outlook & Strategy

K Line, Yinson Production and Harbour Energy team up to optimize solutions for Havstjerne CO2 storage licence

K Line Energy Shipping (UK) Limited (KLES), a London-based subsidiary of Japanese shipping major Kawasaki Kisen Kaisha (K Line), and Havstjerne ANS (HANS) an unlimited liability incorporated partnership of oil and gas company Harbour Energy Norge and Stella Maris CCS, a subsidiary of the FPSO owner

about 1 year ago
Floating solar project in Valencia reaches first milestones
Outlook & Strategy

BlueNewables secures permit for Valencia floating solar project

Spain-based engineering consultancy BlueNewables has obtained the Administrative Authorizations for Public Domain Occupation from the Autoridad Portuaria de Valencia (APV) for its PV-bos Valencia floating solar project, co-financed by IDAE under the RENMARINAS program. “Another major milestone for B

about 1 year ago
Global Ethanol Association launches with initial program targeting marine sector
Outlook & Strategy

Global Ethanol Association launches with initial program targeting marine sector

The Global Ethanol Association (GEA) has officially launched as an independent, non-profit international organization headquartered in Switzerland, with its first program targeting the marine fuel sector.

about 1 year ago
Port of Cromarty Firth
Outlook & Strategy

UK: Three partners to delve into the potential of ammonia in maritime decarbonization

Scottish Port of Cromarty Firth, Brunel University of London, and UK environmental and engineering consultancy Ricardo have joined forces to launch a feasibility study that aims to understand how ammonia could support the decarbonization of the maritime sector and a concept for a next-generation amm

about 1 year ago
Vestmannasund, Faroe Islands. Source: Minesto
Outlook & Strategy

Minesto and partners move forward with Faroe Islands tidal energy project

Swedish tidal energy developer Minesto has kicked off work on a SEK 25 million (€2,2 million) microgrid project in the Faroe Islands, awarded by the Swedish Energy Agency. The company, together with partners Sev, Capture Energy, and IVL, has completed a 1.5-day planning and project set-up workshop a

about 1 year ago
NatPower Marine
Outlook & Strategy

NatPower Marine, Wah Kwong set up JV to build Asian shore power network

NatPower Marine, an independent clean energy enabler for the maritime sector, and Hong Kong-based shipowner Wah Kwong have launched a joint venture (JV) aimed at building and operating a dedicated network of electric shore power across ‘major’ ports in Asia. As disclosed, the joint venture will go u

about 1 year ago
NextGeo finalizes acquisition of share in 61-year-old Italian subsea services firm
Outlook & Strategy

NextGeo finalizes acquisition of share in Italian subsea services firm

Italy-headquartered Next Geosolutions (NextGeo) has completed the acquisition of 75.4% of the share capital of RANA Subsea, a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening its range of service

about 1 year ago
AquaVentus and Hydrogen Scotland partner on hydrogen development in the North Sea
Outlook & Strategy

AquaVentus and Hydrogen Scotland partner on hydrogen development in the North Sea

AquaVentus and Hydrogen Scotland have signed a memorandum of understanding (MoU), intending to strengthen hydrogen production and transport in the North Sea region.

about 1 year ago
Swedish wave energy firm on the hunt for financial head
Outlook & Strategy

Swedish wave energy firm on the hunt for financial head

Following strategic backing as part of its Series B funding round, as well as a grant from the European Union (EU), Swedish wave energy developer CorPower Ocean is on the lookout for a chief financial officer (CFO). Since its start in 2012, CorPower has raised around €115 million in funding in an ef

about 1 year ago
Tentacle-like subsea robot seeks to slash offshore inspection costs and improve personnel safety
Outlook & Strategy

Tentacle-like subsea robot seeks to slash offshore inspection costs and improve personnel safety (Video)

A UK-Brazilian partnership has developed a tentacle-like underwater robot that could remove the need for large vessels and human divers for offshore inspections and enable smaller underwater vehicles to perform sophisticated inspection tasks, thereby reducing operational costs and improving personne

about 1 year ago
AAL Shipping completes heavy-lift deliveries for INEOS’ Project ONE
Outlook & Strategy

AAL Shipping completes heavy-lift deliveries for INEOS’ Project ONE

Singapore-based shipping company AAL Shipping (AAL) has delivered multiple cargo shipments for British conglomerate INEOS’ Project ONE, a sustainable ethane cracker development located at the Port of Antwerp.

about 1 year ago
Huge 27-year-old pipelayer prepares for major upgrade after producing final double joint
Outlook & Strategy

Huge 27-year-old pipelayer prepares for major upgrade after producing final double joint

Allseas’ Solitaire, one of the world’s largest pipelay vessels, has produced its final double joint in its current setup before starting a major modernization process that will further advance its installation capabilities and production efficiency. Allseas announced at the beginning of this year th

about 1 year ago