Outlook & Strategy
UK, Netherlands to connect grids via Nederwiek 3 offshore wind farm
Dutch Climate and Green Growth Minister Sophie Hermans has included LionLink, said to be the first direct-current hybrid interconnector, in the country’s latest Offshore Wind Energy Development Framework. LionLink will use the offshore grid connection of Nederwiek 3 offshore wind farm in the Netherl
‘Largest subsea rock installation vessel in industry’ to join Boskalis’ fleet in 2026
Dutch offshore services provider Boskalis is set to welcome a new subsea rock installation (SRI) vessel to its fleet in 2026, described by the company as the largest such vessel in the industry. The vessel, named Windpiper, is being developed by converting an existing new vessel under the supervisio
H2Carrier, Greenstat to work on hydrogen and ammonia projects in India and Sri Lanka
H2Carrier and Greenstat Hydrogen India (GHI) have signed a memorandum of understanding (MoU) to accelerate the development and deployment of green hydrogen and ammonia projects located in India and Sri Lanka.
Key things to watch for hydrogen in 2025, according to WoodMac
The pace for the low-carbon-hydrogen and ammonia sectors is set to pick up in 2025, with key themes to watch for including the rise of blue hydrogen in the U.S., a giga-scale green project reaching FID, increased deployment of Chinese electrolyzers, the persistent mismatch between project FIDs and o
Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025
The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.
Zinus welcomes $4 million investment to boost shore power solutions
Singapore’s Eastern Pacific Shipping Ventures (EPS Ventures) and Norwegian state-owned Nysnø Climate Investments have become shareholders in shore power solutions provider Zinus through joint investment.
Offshore Energy’s top five hydrogen stories of 2024
Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon
WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task
Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a comparison of liquefied natural gas (LNG) and carbon capture
Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era
As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m
North Sea decommissioning grapples with delays despite government incentives
The North Sea decommissioning sector continues to face delays, as technical, regulatory, and financial hurdles prevent the rapid shutdown of offshore assets on the UK Continental Shelf (UKCS), according to a new analysis from Wood Mackenzie, an energy intelligence group. While the UK Government’s En
Swedish company expands with acquisition of Transmark Subsea Bergen
Malux, a Sweden-based specialist in solutions for niche industries, has acquired Norwegian subsea solutions provider Transmark Subsea’s Bergen-based operations to expand its portfolio in the subsea market. According to Transmark Subsea, this move enhances the company’s ability to deliver subsea solu
Wireless EV charging provider InductEV joins Zero Emissions Port Alliance
U.S. wireless EV charging provider InductEV has joined the Zero Emissions Port Alliance (ZEPA), an industry-wide strategic coalition aiming to accelerate port decarbonization by making battery-electric container handling equipment (BE-CHE) affordable and accessible.
Rig market, oil & gas mergers and JV blockbuster moves mark 2024
A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top
Readers’ choice: Offshore Energy’s most-read news of 2024
With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30