Outlook & Strategy
Gas discovery at Irish prospect could bring down emissions stemming from energy imports, report finds
Europa Oil & Gas has published a report suggesting that its prospect offshore Ireland could help curb the firm’s carbon footprint.
Uniper and Salzgitter ink preliminary hydrogen supply deal
German companies Uniper and Salzgitter have signed a pre-contract for the supply and purchase of green hydrogen.
After LS Cable & System, Hellenic Cables gets financial push for US cable factory
Hellenic Cables Americas, the U.S. subsidiary of Cenergy Holdings, has received financial support from the U.S. Department of Energy (DOE) for its planned cable manufacturing facility in Maryland. Hellenic Cables Americas is planning to build a new cable manufacturing facility in Baltimore, Maryland
IBIA and BIMCO to jointly address fuel and maritime challenges
The International Bunker Industry Association (IBIA), the voice of the global bunker industry, and BIMCO, the world’s largest international shipping association, have signed a memorandum of understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of
H2Carrier plans Power-to-X production of hydrogen and ammonia in Norway
H2Carrier has applied to the NVE for the development of two large onshore wind farms in Finnmark County to produce green hydrogen and ammonia.
Mocean Energy’s wave energy converter back to shore after 12-month offshore testing
Mocean Energy’s Blue X wave energy converter and Verlume’s Halo underwater battery storage system have returned to shore after over 12 months of testing at sea off Orkney as part of the Renewables for Subsea Power (RSP) project that combines wave energy with subsea storage to power subsea equipment.
Fugro’s self-elevating platform moves to Japan to pursue geotechnical work
Fugro has transferred its self-elevating platform (SEP) Amberjack to Japan in order to easier support the local offshore wind market with geotechnical services. Amberjack was reflagged in December 2023 and is now based in Tokyo, from where it will be deployed to Japanese wind farm projects and provi
Vår Energi’s intra-group merger approaching the finish line
Vår Energi has approved the plan for the recently announced intra-group merger with its wholly-owned subsidiary Vår Energi Norge.
‘World-first’ eco-friendly cable protection system deployed offshore Scotland
What is said to be the world’s first eco-friendly cable protection system has been deployed at sea, The Crown Estate, UK seabed manager, reported. The UK’s Crown Estate announced that earlier this month the world’s first carbon-neutral and plastic-free cable protection was deployed off the coast of
Balticconnector gas pipeline back in operation following six-month shut-down
The Balticconnector gas pipeline between Finland and Estonia, which was shut down in October 2023 due to a rupture, has commenced commercial operations following the completion of repair work. Estonian transmission system operator (TSO) Elering and its Finnish counterpart Gasgrid closed Balticconnec
Equinor and Nexans extend long-term relationship with four-year agreement
Designer and manufacturer of cable systems Nexans and Norwegian state-owned energy giant Equinor have expanded their long-standing relationship with a four-year contingency and preparedness contract. The long-term collaboration between the two companies is extended through a four-year agreement that
Romania’s Hidroelectrica and UAE’s Masdar forge ties for floating solar projects, eye offshore wind
The collaboration may be extended for another three years if the joint venture meets certain conditions during the initial three-year period, as proposed by the joint venture and approved by the board for the final investment decision (FID) phase.
JGC looking to boost competitiveness in hydrogen, ammonia and CCUS fields
JGC Holdings has decided to invest in AP Ventures Fund III to enhance its competitiveness in the exploration of technologies in the fields of hydrogen, ammonia and CCUS.
Topsoe to build electrolyzer factory for clean hydrogen in US
Topsoe has chosen Virginia, U.S., to build a new factory that will manufacture SOECs for the production of clean hydrogen and derivatives like eAmmonia and eMethanol.