Outlook & Strategy
Dutch company converts 2016-built multi-purpose support vessel for survey ops
Dutch survey company Deep BV has expanded its survey capacity with the conversion of a multi-purpose support vessel, built in 2016, into a survey vessel. Deep BV announced it had completed the conversion of the multi-purpose support vessel Miranda from Van Laar Maritime into a survey vessel, with fo
171-meter Prysmian cable layer steps closer to delivery with launch at VARD
Norwegian ship designer and shipbuilder VARD has launched Prysmian’s new cable laying vessel (CLV) Monna Lisa, sister ship to Leonardo da Vinci, coming a step closer to delivery in 2025. VARD has completed steel cutting, keel laying, generator installation, and hull erection on the 171-meter Monna L
To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind
Building on the joint delivery of several large data campaigns, Norway’s Shearwater GeoServices and Ireland-based XOCEAN have set up a strategic collaboration to provide integrated data solutions to the carbon capture and storage (CCS) and offshore wind markets. The collaboration will combine Shearw
Minesto and Sev renew power purchase agreement, adjusting energy price levels
Swedish tidal energy developer Minesto, and Faroese company Sev, have renewed and updated the power purchase agreement (PPA).
Yara opens 24 MW renewable hydrogen plant in Norway
Norwegian Prime Minister Jonas Gahr Støre has inaugurated Yara International’s 24 MW renewable hydrogen plant at Herøya Industrial Park in Norway.
All clear for merger of Norwegian seismic firms
Following approval from the Norwegian Competition Authority, Norway-headquartered PGS and TGS have now received clearance for their merger from the UK Competition and Markets Authority (CMA), which is the final regulatory approval required. TGS and PGS announced their agreement on principal terms to
Vår Energi all done with intra-group merger
Norway’s Vår Energi has completed the merger with its wholly-owned subsidiary Vår Energi Norge, previously known as Neptune Energy Norge.
Gasunie to manage future hydrogen network in North Sea
Gasunie is the intended network operator for the future hydrogen network in the North Sea.
Dedicated cable repair and installation vessel enters the market
The Netherlands-headquartered N-Sea and its partner Neptune Marine Service have launched what is said to be the first dedicated cable repair and installation vessel. Neptune Marine recently converted the existing anchored barge NP-459 into a dedicated cable repair DP2 vessel, named Curo, with a 50t
Jan De Nul’s new partnership to transport green electrons from Africa to Europe via subsea cable
Jan De Nul Group has set up a partnership with green technology, energy and metals company Fortescue for the transport of green electrons – electrons that were made using renewable resources – from energy-producing continents to energy-demanding ones through subsea cables. The partners have joined f
Norwegian duo reveals plans for hydrogen and bio-methanol production
Norwegian Hydrogen and Glocal Green have entered into a concrete cooperation agreement for the development and establishment of hydrogen production in connection with Glocal Green’s planned bio-methanol plant in Øyer in Gudbrandsdalen.
CTS, VMS form partnership to offer maritime decarbonization solutions
The UK-based engineering company CTS Offshore and Marine (CTS) and Varuna Marine Services (VMS), a Dutch provider of maritime compliance, performance optimization and data analytics solutions, have unveiled a strategic partnership to offer vessel owners and operators an ‘informed pathway’ for carbon
ABS joins EU-funded liquid hydrogen containment system project
ABS joined the LH2CRAFT project, a research initiative funded by the EU seeking to revolutionize liquid hydrogen storage on a massive scale.
Energy transition needs to pick up the pace to counter uncertainty over net zero targets
Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.