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Outlook & Strategy

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CSSC
Outlook & Strategy

As Trump turns to South Korea and Japan, China strengthens maritime ties with Saudi Arabia

China and Saudi Arabia intend to strengthen their collaboration in the maritime sector, especially in shipbuilding, where China holds a leading position globally.

about 1 year ago
CMA CGM switches Syria’s €200M Latakia port expansion project into high gear
Outlook & Strategy

CMA CGM switches Syria’s €200M Latakia port expansion project into high gear

French shipping and logistics major CMA CGM has decided to accelerate the launch of the second phase of the Latakia Port expansion project in Syria.

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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
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
Tekmar
Outlook & Strategy

Tekmar’s $1.6 million contracts in Middle East to keep it busy until end of October

UK-headquartered Tekmar Group has secured two offshore grouting contracts in Qatar with a total value of approximately $1.6 million, supporting subsea infrastructure inspection, maintenance and repair (IMR) campaigns. The contracts, awarded by two existing customers, cover the provision of pipeline

about 1 year ago
Chinese subsea cable maker to establish manufacturing facility in Saudi Arabia
Outlook & Strategy

Chinese subsea cable maker to establish manufacturing facility in Saudi Arabia

To accelerate growth in the Middle East and enhance local industrial capabilities as part of its global strategy, China’s ZTT Submarine Cable & System is planning to set up a manufacturing facility in Saudi Arabia. By establishing manufacturing operations in Saudi Arabia, ZTT said it aims to directl

about 1 year ago
Thailand’s Mermaid Maritime secures $500M in Middle East project awards
Outlook & Strategy

Thailand’s Mermaid Maritime secures $500M in Middle East project awards

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has secured multiple project awards in the Middle East that have a combined value of approximately $430 to $500 million. The awards cover the delivery of a comprehensive suite of services, in

about 1 year ago
Fugro logo
Outlook & Strategy

Fugro’s largest-ever Asia Pacific award is for Eni’s deepwater gas fields

The Netherlands-headquartered Fugro is set to perform site investigations for Italy’s energy giant Eni in Indonesia under its largest-ever award in the Asia Pacific (APAC) region. In its latest financial results report, Fugro revealed it had been tasked with a site characterisation program for the d

about 1 year ago
Yinson GreenTech delivers battery system for hybrid research vessel in Middle East
Outlook & Strategy

Yinson GreenTech delivers battery system for hybrid research vessel in Middle East

Yinson GreenTech has delivered a 1.2 MWh ABS-certified marine battery system, developed in collaboration with CALB Group, for integration into a hybrid research and survey vessel for an undisclosed oil and gas company in the Middle East.

about 1 year ago
Noatum Maritime establishes Shanghai office as part of global expansion strategy
Outlook & Strategy

Noatum Maritime establishes Shanghai office as part of global expansion strategy

UAE-based Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, has opened its first office in Shanghai, China, as part of the Group’s international expansion strategy.

about 1 year ago
Fugro picks up survey contracts for UAE field developments
Outlook & Strategy

Fugro picks up survey contracts for UAE field developments

The Netherlands-headquartered Fugro has secured a series of contracts for offshore and onshore site surveys in the United Arab Emirates, supporting two of the country’s largest energy field development programs. Work is set to begin in August 2025. The scope includes geophysical and geotechnical inv

about 1 year ago
FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém
Outlook & Strategy

FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém

FRV has selected Envision Energy as its strategic partner for H2 Cumbuco, a large-scale green ammonia project located within the renewable hydrogen hub of the Port of Pecém, Brazil.

about 1 year ago
SOHAR Port and HYNAT to develop natural hydrogen value chain in Oman
Outlook & Strategy

SOHAR Port and HYNAT to develop natural hydrogen value chain in Oman

SOHAR Port and Freezone has signed a memorandum of understanding (MoU) with Swiss company HYNAT to develop a natural hydrogen value chain in Oman.

about 1 year ago
SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz
Outlook & Strategy

SUMMER SALE: Up to 50% off on advertising on offshore-energy.biz

Offshore Energy has launched a summer sale with up to 50% off on advertising packages, ending on July 31. Use this opportunity to book your advertising campaign and multiply ways to increase exposure to the industry! Get 15% off for one, 25% off for two, and 50% off for three products or more. Conta

about 1 year ago