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Outlook & Strategy

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Another Solstad CSV to work for Petrobras, deal worth $108M
Outlook & Strategy

Another Solstad CSV to work for Petrobras, deal worth $108M

Norwegian shipping company Solstad Offshore has secured another contract with Brazilian oil & gas company Petrobras for a construction support vessel (CSV). The CSV Normand Commander will be on a bareboat contract from the vessel owner Solstad Maritime (SOMA) to Solstad Offshore, who holds the contr

about 1 year ago
The U.S.-flagged barge will be crewed by American mariners under Crowley’s operation. Photo provided by American Maritime Officers (AMO).
Outlook & Strategy

Nexans and Crowley Wind Services partner on US cable lay barge

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France’s cable systems designer and manufacturer, Nexans, has partnered with Crowley Wind Services to develop and operate a Jones Act-compliant cable lay barge, aiming to support subsea transmission work for offshore wind and other industries across the U.S.. The 300-foot barge, flagged and crewed i

about 1 year ago
Northern Lights JV
Outlook & Strategy

Northern Lights moves forward with tank delivery

The Northern Lights joint venture (JV) has taken delivery of nine new CO2 storage tanks at its Øygarden site in Norway, marking a key step in the development of Phase 2 of the project. The tanks were safely unloaded with support from Equinor, acting as the project’s technical service provider (TSP),

about 1 year ago
Illustration/The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)
Outlook & Strategy

Ukraine to explore floating solar with Norwegian-Turkish partners

Norwegian company Ocean Sun has signed a memorandum of understanding (MoU) with the Ukrainian Zhytomyr City Territorial Community and Turkey’s HICC Heavy Industry Construction to explore the deployment of a floating solar power plant with a capacity of up to 25 MWp. According to Ocean Sun, the MoU s

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
Courtesy of Aquaterra Energy
Outlook & Strategy

UK firm to continue subsea well support offshore Egypt

Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a two-year extension to its offshore analysis services contract in Egypt, supporting what is described as a “major” operator’s subsea well campaigns. Under the initial contract awarded in 2023, the UK-ba

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
Menter Môn Morlais
Outlook & Strategy

Morlais tidal energy project scales up as Cydnerth construction begins

Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South

about 1 year ago
Mark Rasmusen and Barry Summers shaking hands
Outlook & Strategy

IKM Testing gets €26M in new contracts, appoints regional director

IKM Testing UK, a company within the IKM Group, has appointed Barry Summers as its new Regional Director, following the retirement of Mark Rasmusen. The move comes as the company reports £23 million (approximately €26,5 million) in new contract awards during the first half of 2025, just 14% short of

about 1 year ago
Siemens and Paragon join forces on novel hydrogen production technology
Outlook & Strategy

Siemens and Paragon join forces on novel hydrogen production technology

Siemens and Paragon Resources have entered a memorandum of understanding (MoU) to jointly scale production of hydrogen using a novel process that reportedly eliminates the need for fossil fuels or external electricity sources.

about 1 year ago
Source: MacArtney Underwater Technology Group (Screenshot)
Outlook & Strategy

MacArtney supplies equipment for Pacific Neutrino project

Denmark-based underwater technology specialist MacArtney Underwater Technology Group has completed production and assembly of 20 junction boxes and 1,000 meters of subsea cable for the Pacific Ocean Neutrino Experiment (P-ONE). “A significant milestone has been reached for the P-ONE project – and we

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
Doosan starts producing fuel cell systems using Ceres’ solid oxide technology
Outlook & Strategy

Doosan starts producing fuel cell systems using Ceres’ solid oxide technology

South Korean company Doosan Fuel Cell has begun mass production of fuel cell stacks utilizing the solid oxide technology of UK company Ceres.

about 1 year ago
JDR's subsea control umbilical
Outlook & Strategy

Subsea7 takes delivery of subsea control umbilical for Belinda project

UK-based manufacturer of subsea and power cables, JDR Cable Systems, part of TFKable Group, has completed the manufacture and load-out of a 7.4-kilometer subsea control umbilical, including subsea umbilical termination assemblies (SUTAs), for Subsea7 as part of the Serica Energy-operated Belinda pro

about 1 year ago