Outlook & Strategy
SRC allies with Green Marine to bring its methanol storage solution to market
SRC and Green Marine have signed a collaborative agreement under which the two parties will work together to develop and deliver SRC’s methanol storage solution to the market.
Two German terminals to receive Norwegian gas for 12 more years
Vår Energi has secured a multi-year contract extension for the supply of natural gas to Germany’s VNG Handel & Vertrieb.
Nine gas TSOs join forces for hydrogen infrastructure in Baltic Sea region
Nine gas transmission system operators (TSOs) from the Baltic Sea region agreed to facilitate the region’s hydrogen transmission and storage infrastructure.
Hydrogen infrastructure in Germany receives financial backing
Bayernets is investing €210 million in the energy infrastructure in Germany, specifically a pipeline expected to meet the basic requirements for the transportation of hydrogen.
Investment management firm joins Greece-Cyprus-Israel interconnector, talks with other investors ongoing
Paris-headquartered investment management company Meridiam has entered into the shareholding structure of the company responsible for the implementation of the electric interconnection project between Greece, Cyprus, and Israel. Greek transmission system operator (TSO) Independent Power Transmission
With takeover of compatriot energy firm out of the way, Norwegian firm’s headcount tops 500
Norway’s AGR, a subsidiary of ABL Group, has acquired Ross Offshore, enabling it to expand its team with more than 220 additional employees.
Norway’s Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure
Norwegian state-owned energy giant Equinor and French gas transmission operator GRTgaz have signed a project development agreement (PDA) for a transport system for captured CO2 from industrial emitters in France to permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project
90-year-old French firm rebrands for strategic growth
With the wish to accelerate growth as an advanced technology company, France-based geophysical services company CGG has rebranded following 90+ years of history. With the launch of the new brand, CGG, created in 1931 and now known as Viridien, said it marks the next stage in its strategic growth as
DNV: Oil & gas witnessing confidence resurgence while energy transition price tag hampers net-zero aspirations
A new survey from DNV pinpoints the cost of the energy transition as the biggest barrier to meeting the net zero targets.
RightShip, Green Marine partner to support maritime sustainability
RightShip, an ESG-focused digital maritime platform, and Green Marine, an environmental certification program for the North American and European maritime industries, have joined forces to promote sustainable practices within the maritime sector.
Global LNG markets facing oversupply while key importing regions work on curbing demand
The new wave of LNG supply is set to flood the market amid demand uncertainty, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
Nel to focus solely on development of electrolyzers
Nel has pronounced itself as a company solely dedicated to developing and delivering electrolyzers to produce renewable hydrogen.
New alliance looking to boost hydrogen, ammonia and biofuel production
Empati and TNE have signed a strategic memorandum of understanding (MoU) to accelerate green hydrogen, ammonia and biofuel production.
More North Sea work comes along to Subsea7
UK-headquartered oil and gas company Dana Petroleum has awarded Subsea7 with a contract to deliver subsea services at a field development located in the UK Central North Sea. The Bittern oil and gas field, located in Blocks 29/1a and 29/1b, was discovered in 1996 and has been developed through five