Outlook & Strategy
Costs of energy storage systems on offshore hydrogen platforms can be reduced by 75%, study says
The costs for energy storage systems (ESS) on offshore hydrogen platforms can be reduced by 75%, a study by Dutch green hydrogen company H2SEA found.
New ammonia terminal operations to be developed in Europe and America
Proton Ventures and LBC Tank Terminals have established a strategic joint venture aimed at developing ammonia terminal operations across Northwestern Europe and North America.
DFDS to splurge €1B on battery electric ships for the Channel
DFDS has unveiled a €1 billion investment in battery electric vessels to decarbonize maritime traffic in the English Channel.
Japanese start building UK’s first HVDC cable factory
Japan-headquartered Sumitomo Electric has kicked off the construction of its subsea cable factory in Scotland, set to supply critical elements for the reinforcement of the UK electricity transmission grid and for connecting renewable energy production facilities to the grid. Sumitomo Electric held t
Green Marine, Smart Freight Centre team up to boost maritime decarbonization
Green Marine, a voluntary environmental certification program for the North American and European maritime industries, and Smart Freight Centre (SFC), a non-profit organization for climate action in the freight sector, have signed a memorandum of understanding (MoU) formalizing their collaboration a
Surveys starting at ‘first-of-its-kind’ UK-Netherlands multi-purpose interconnector
Italy-headquartered Next Geosolutions is about to kick off a cable route survey in the UK for the LionLink multi-purpose interconnector that will connect the UK with the Netherlands. LionLink, being developed by the Dutch TenneT and the UK’s National Grid, will connect a Dutch offshore wind farm wit
Cepsa selects electrolyzer supplier for its green hydrogen plant in Spain
Cepsa has chosen thyssenkrupp nucera as the preferred supplier of a 300-megawatt (MW) electrolyzer for the company’s green hydrogen plant in Huelva, Spain.
UK well-positioned to kick-start shipping’s transition to green fuels, report shows
The United Kingdom can become an early mover in the global shipping industry’s transition to zero-emission fuels, a new report finds.
ABL company to evaluate Norwegian CO2 storage license
AGR, part of energy and marine consultancy group ABL Group, has been appointed to perform an independent third-party storage evaluation of Wintershall Dea and Altera Infrastructure’s CO2 storage license offshore Norway. The two companies were awarded the carbon capture and storage (CCS) license to d
Yara pens ammonia supply deal with Indian energy firm
Yara Clean Ammonia, a subsidiary of Yara International, and Greenko ZeroC, AM Green’s company, have signed a term sheet for the supply of renewable ammonia from AM Green’s ammonia production facility in Kakinada, India.
Yara International, Kongsberg Digital join forces on digital twin technology
Norwegian industrial software provider Kongsberg Digital and compatriot fertilizer company and ammonia player Yara International have entered into a two-year agreement under which Kongsberg Digital will develop digital twin technology for Yara’s factories in Herøya in Norway and Sluiskil in the Neth
Subsea7 and OneSubsea get more work for ‘one of Türkiye’s largest energy projects’
Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, has secured a contract deemed as “large” with the Turkish Petroleum Offshore Technology Center (TP-OTC) for a natural gas project in the Black Sea in Türkiye. An initial contract was awarded in May 2023 to a consortium
Rovco and Vaarst to bring on board over 150 subsea roles by end of 2025
UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst are planning to recruit over 150 specialist subsea roles across their offices by the end of 2025. Rovco unveiled its intention to recruit over 100 new roles across its Aberdeen and Edinburgh offices by the end of 2025 to sup
UK firm takes its work-class ROV to Mexico
UK’s Forum Energy Technologies (FET) has secured a contract with a Mexican subsea company for the delivery of one of its work-class remotely operated vehicles (ROV). FET reported that its Subsea Technologies product line had won a contract from AQUA Exploracion for one of its Ultra Compact Perry XLX