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Outlook & Strategy

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'Proud moment' for Reach Subsea as its USV travels to Australia
Outlook & Strategy

‘Proud moment’ for Reach Subsea as its USV travels to Australia

Norway’s Reach Subsea has sent off its uncrewed surface vessel (USV) on a trip to Australia where it will provide reservoir monitoring for Australia’s energy giant Woodside Energy. The Reach Remote 2 USV, which Reach Subsea took delivery of in June, is currently travelling to Australia to perform re

about 1 year ago
Equinor places order for all-electric subsea production system with OneSubsea
Outlook & Strategy

Equinor places order for all-electric subsea production system with OneSubsea

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OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract by Norwegian state-owned energy company Equinor to deliver an all-electric subsea production system (SPS) for the Fram Sør field offshore Norway. The award fo

about 1 year ago
VARD takes on conversion job for 2010-built seismic vessel
Outlook & Strategy

VARD takes on conversion job for 2010-built seismic vessel

Norway’s VARD is set to perform an extensive conversion of a seismic research vessel into a seismic source vessel for compatriot company Sanco Shipping. Following Sanco Shipping’s takeover of the PGS Apollo, now renamed Sanco Sailor, on July 31, the vessel sailed directly to Vard Langsten. VARD said

about 1 year ago
World-first third party CO2 storage facility begins operating with first injection completed
Outlook & Strategy

World’s first third-party CO2 storage facility begins operating as first injection takes place

Joint venture partners Equinor, Shell and TotalEnergies have injected and stored the first CO2 volumes at the Northern Lights CO2 project in the Norwegian North Sea, marking the start of operations of what is said to be the world’s first third-party CO2 transport and storage facility. The first CO2

about 1 year ago
biofuels
Outlook & Strategy

Marine carbon removal gains momentum with launch of new coalition

A new coalition uniting private companies, non-profit organizations and academic institutions to support the “responsible” growth of marine carbon dioxide removal (mCDR) has officially been launched. As disclosed, the Marine Carbon Dioxide Removal Coalition (mCDR Coalition), launched on August 21, w

about 1 year ago
UK National Grid awards €14 billion in last round of supply chain framework awards
Outlook & Strategy

UK National Grid awards €14 billion in last round of supply chain framework awards

The UK National Grid has completed the award of its high-voltage direct current (HVDC) civil works supply chain framework, with £12 billion (around €13.9 billion) worth of agreements confirmed, marking the third and final stage of its £59 billion supply chain framework awards. The HVDC supply chain

about 1 year ago
Semco Maritime's investment in start-up to help bring USV tech to market
Outlook & Strategy

Semco Maritime’s investment in start-up to help bring USV tech to market

Semco Maritime, a Danish engineering and contracting company operating in the conventional energy sector and offshore wind, has partnered up with London-headquartered start-up Stormborn to help bring unmanned surface vessel (USV) technology to market. Semco Maritime announced that it had made an inv

about 1 year ago
hydrogen
Outlook & Strategy

European refiners could drive green hydrogen momentum, with maritime sector playing important role

European refiners are expected to become significant producers and buyers of green hydrogen, with the maritime sector offering growth potential.

about 1 year ago
Kent buys decommissioning services firm in bid to become full-service energy provider
Outlook & Strategy

Kent buys decommissioning services firm in bid to become full-service energy provider

As part of its goal to become a full-service partner across the energy lifecycle, Dubai-headquartered engineering and services company Kent has signed a binding agreement to acquire Exceed (XCD) Holdings Limited, a Scottish provider of well management, subsurface and decommissioning engineering serv

about 1 year ago
Pilot Project BRIZO in Risør, Norway. Source: Fred. Olsen 1848
Outlook & Strategy

New Fred. Olsen 1848 floating solar lead brings experience from SolarDuck, Equinor

Oslo-headquartered Fred. Olsen 1848 has appointed Francisco Guillermo Vozza as Business Development Director for floating solar. According to Fred. Olsen 1848, Vozza, an energy industry executive with two decades of experience, will be responsible for shaping the company’s global market strategy and

about 1 year ago
UK duo delivers zero-emission vessel operation in Southampton waters
Outlook & Strategy

UK duo delivers zero-emission vessel operation in Southampton waters

UK’s marine electric propulsion specialist RAD Propulsion and marine services provider Williams Shipping have completed a project targeting the delivery of zero-emission vessel operations in Southampton’s ports.

about 1 year ago
Strohm supports gas production at Malaysian deepwater field with delivery of TCP jumpers
Outlook & Strategy

Strohm’s TCP jumpers make their way to Malaysian deepwater sector

Dutch thermoplastic composite pipe (TCP) producer Strohm has secured a contract for the supply of four TCP jumpers for a deepwater field in Malaysia. According to Strohm, the contract was awarded via Dynamic Ocean Sdn Bhd (DOSB), which holds the required license to operate in Malaysia on its behalf,

about 1 year ago
CMA CGM secures bio-LNG supplies with latest investment
Outlook & Strategy

CMA CGM secures bio-LNG supplies with latest investment

French shipping giant CMA CGM has formed a strategic partnership with renewable natural gas (RNG) provider Vanguard Renewables to support the decarbonization of its shipping activities.

about 1 year ago
CMB.TECH
Outlook & Strategy

Newly merged CMB.TECH-Golden Ocean entity controls a fleet of 80+ hydrogen-, ammonia-ready ships

Belgian shipowner CMB.TECH and Norway-based dry bulk shipping company Golden Ocean Group (GOGL) have completed the stock-for-stock merger. As informed, GOGL merged with CMB.TECH Bermuda, a wholly-owned subsidiary of CMB.TECH, with CMB.TECH Bermuda as the surviving company, and with CMB.TECH as the i

about 1 year ago