Outlook & Strategy

HYDS becomes key partner in green hydrogen production project at Fjord Base
HYDS acquired a 33% stake in HyFuel, a developer of a green hydrogen production project for the maritime sector at Fjord Base in Norway.

Great Ocean to sell Eltronic FuelTech’s technologies to shipyards in China
Eltronic Fueltech has signed an agreement with Great Ocean, under which the latter will be responsible for marketing and selling Eltronic’s supply and safety systems to designated shipyards across China.

DOF continues its winning streak with Petrobras with two new contracts
Norwegian vessel owner DOF Group has added more work to its to-do list for Brazilian oil and gas giant Petrobras by securing two new long-term contracts. The Brazil-built and flagged 142.2-meter-long pipelay support vessel (PLSV) Skandi Niterói has been given a three-year firm plus option contract,

Plug Power lands 25 MW PEM electrolyzer order in Europe
U.S. Plug Power has secured an order for 25 megawatts (MW) of proton exchange membrane (PEM) electrolyzer systems for a customer in Europe.

With financial support, Equinor backs Reach Subsea’s USV qualification program
Norway’s Reach Subsea is collaborating with compatriot state-owned energy giant Equinor to carry out a technology qualification program for the Reach Remote uncrewed surface vessels (USVs) that aims to validate remote operations for various tasks. Reach Remote 1 and 2 have entered the final testing

Dutch duo exploring options for LNG, hydrogen, and CCS at EemsEnergy Terminal
Vopak and Gasunie have launched market consultation to look at LNG, hydrogen, and CCS possibilities at the EemsEnergy Terminal in Eemshaven.

Oil & gas players get their hands on CO2 storage licenses in North Sea
Three companies have confirmed the award of new CO2 storage licenses as part of the sixth call launched by Norway’s Ministry of Energy.

Shetland HVDC Link transmits first power ahead of full commissioning later this summer
SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) Link in the North Sea has transmitted its first power from a wind farm to the mainland, nearing full energization. The £660 million Shetland HVDC Link connects Noss Head in Caithness and Weisdale Voe in Shetland. The 260-kilometer subse

SEA-LNG welcomes MAN ES back to coalition
MAN Energy Solutions (MAN ES) has rejoined SEA-LNG, a multi-sector industry coalition promoting LNG as a marine fuel.

Swedish port shifts transition activities into high gear
The Swedish Port of Norrköping has adpoted a new approach to accelerate its transition strategy for achieving fossil-free operations by 2030.

LPG as marine fuel with supportive technologies could deliver significant carbon reductions, report shows
LPG as marine fuel, in combination with energy-saving technologies such as onboard carbon capture and storage (OCCS), could deliver a significant carbon reduction, according to a new joint report from Lloyd’s Register (LR) and the World Liquid Gas Association (WLGA).

WoodMac: E-fuels can offer solution to power critical transportation segments
E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, but the journey needs to start now, a Wood Mackenzie (WoodMac) report said.

Oil & gas firm closing Norwegian chapter to continue its story in Southeast Asia
Longboat Energy has decided to exit Norway to concentrate on building a full-cycle E&P business in Southeast Asia.

Hy2gen’s subsidiary rebrands, reveals expansion plans
Hy2gen Norge has changed its name to Hy2gen Nordic to reflect the company’s strategic expansion beyond Norway into other Nordic countries.