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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

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

Outlook & Strategy

ABS: Advanced battery technologies could support alternative fuels, reduce fuel costs

The latest advances in battery technologies have the potential to not only support direct electrification and the integration of alternative fuels but also offer pathways to enhance operational efficiency and reduce fuel costs, according to the latest analysis from classification society American Bu

about 1 year ago

Outlook & Strategy

UK-Dutch interconnector in limbo after developer requests and gets license revocation

UK energy market regulator Ofgem has revoked the license for a planned UK-Netherlands electricity interconnector in response to the developer’s request, submitted after not securing a cap and floor license. A gas interconnector license was granted to NU-Link Interconnector UK Ltd in February 2023, a

about 1 year ago

Highlands and Islands Enterprise (HIE) and the Scottish Association for Marine Science (SAMS) have signed a memorandum of understanding (MoU) to boost marine and coastal research,

Outlook & Strategy

Scotland eyes global leadership in marine science and technology

Highlands and Islands Enterprise (HIE) and the Scottish Association for Marine Science (SAMS) have signed a memorandum of understanding (MoU) to boost marine and coastal research, innovation, and technology development across Scotland’s Highlands and Islands. According to HIE, the deal, signed at th

about 1 year ago

Outlook & Strategy

Prysmian and Hitachi Energy given notices to proceed for Australian interconnector

Around one month after reaching financial close, the developer of the 1.5 GW Marinus Link power interconnector project in Australia has issued notices to proceed to contractors for cable and converters. The 345-kilometer project, to be built in two 750 MW stages, will link North West Tasmania and th

about 1 year ago

Outlook & Strategy

Fugro tasked with helping safeguard Brazil’s deepwater exploration activities

The Netherlands-headquartered Fugro has won two contracts with Brazil’s offshore energy services company Constellation to support responsible deepwater exploration activities in two regions in Brazil. Under the two three-year contracts, Fugro’s scope includes deploying advanced remotely operated veh

about 1 year ago

Illustration; Source: North Sea Transition Authority (NSTA)

Outlook & Strategy

North Sea oil & gas emissions cut by a third but further efforts required for UK’s net zero goals

As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization

about 1 year ago

Outlook & Strategy

CRI and Jilin Huajin Energy to collaborate on green methanol project in China

Iceland’s Carbon Recycling International (CRI) has signed a strategic cooperation agreement with China’s Jilin Huajin Energy for the Yushu green methanol project located near Changchun City in Jilin Province, Northeast China.

about 1 year ago

Prysmian, Sembcorp and SACE collaborating on potential energy transition projects in Southeast Asia

Outlook & Strategy

Prysmian, Sembcorp and SACE ink energy transition deal for Southeast Asia

Italian cabling company Prysmian Group has signed a Memorandum of Understanding (MoU) with Singapore’s state-owned energy giant Sembcorp Industries and Italy’s export credit agency and insurance and finance group SACE, controlled directly by the Ministry of the Economy and Finance, to explore opport

about 1 year ago

Outlook & Strategy

New financial chief to take the lead at Minesto

Swedish ocean energy developer Minesto has appointed a new chief financial officer (CFO) who will take over the role as of October. According to Minesto, Alexander Jancke has a strong background in finance with experience spanning nearly ten years as a certified auditor and financial adviser at KPMG

about 1 year ago

Outlook & Strategy

German and Korean institutes expand cooperation in hydrogen safety

German Federal Institute for Materials Research and Testing (BAM) and the Korea Institute of Civil Engineering and Building Technology (KICT) have signed a memorandum of understanding (MoU) to expand their cooperation in the field of hydrogen safety.

about 1 year ago

Outlook & Strategy

ABL Group names new CEO as co-founder transitions to another role

Energy and marine consultancy ABL Group has made changes to its executive management team with the appointment of a new chief executive officer (CEO), succeeding the company’s co-founder in the role. The new CEO, Hege Marie Norheim,. brings experience in oil & gas and renewables from roles of Senior

about 1 year ago

Outlook & Strategy

DNV renews maritime collab with Singapore Institute of Technology

Class society DNV has renewed its memorandum of understanding (MoU) with the Singapore Institute of Technology (SIT), continuing their collaboration in maritime education, applied research, and innovation.

about 1 year ago