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Outlook & Strategy

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World Energy GH2 joins Green Hydrogen Organisation
Outlook & Strategy

World Energy GH2 joins Green Hydrogen Organisation

Newfoundland and Labrador-based renewable energy company World Energy GH2 has become a member of the Green Hydrogen Organisation (GH2).

about 2 years ago
French company's barge in fifth gear for Germany’s Wilhelmshaven 2 LNG terminal
Outlook & Strategy

French firm’s barge in fifth gear for Germany’s Wilhelmshaven 2 LNG terminal

As part of a contract with Norway’s technology company ECOnnect Energy, French Geocean has picked up the thermo composite pipes (TCP) reels that will connect the FSRU to the onshore site as part of the second liquefied natural gas (LNG) terminal in Wilhelmshaven developed by German state-owned Deuts

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about 2 years ago
hydrogen fund
Outlook & Strategy

Japan’s brand-new hydrogen fund makes a smashing debut with $400M already in hand

The Japan Hydrogen Fund — the first Japanese fund dedicated to the development of low-carbon hydrogen — has been officially launched, with more than $400 million raised from multiple investors.

about 2 years ago
Grand block ceremony held for newbuild Nexans cable layer (Photos)
Outlook & Strategy

Grand block ceremony held for newbuild Nexans cable layer (Photos)

Nexans and Ulstein have held the grand block ceremony for the new cable-laying vessel (CLV) Nexans Electra, bringing the vessel closer to realization. The ceremony was celebrated on September 10 at CRIST, Poland, with the remaining processes such as engineering, outfitting, system integration, equip

about 2 years ago
C-Power CEO Reenst Lesemann and SLB OneSubsea CEO Mads Hjelmeland joined by colleagues from OneSubsea and Subsea7 at ONS in Stavanger, Norway, to celebrate a joint industry project to test a next-gene
Outlook & Strategy

SLB, Subsea7 partner with C-Power to explore ocean energy solutions for subsea applications

SLB has inked a memorandum of understanding (MoU) with C-Power through its OneSubsea joint venture (JV) to, together with Subsea7, explore using ocean energy as a lower-cost, lower-carbon power source for subsea applications. SLB OneSubsea, the JV backed by SLB, Aker Solutions, and Subsea7, will pro

about 2 years ago
Nexans to link Orkney Islands to UK mainland by 2027
Outlook & Strategy

Nexans to link Orkney Islands to UK mainland in 2027

Following the capacity reservation agreement signed in November 2023, French subsea power cables manufacturer Nexans has officially been awarded a contract by SSEN Transmission to connect the Orkney Islands and the UK mainland. The Orkney Transmission Link will exchange up to 220 MW of renewable ene

about 2 years ago
Illustration; Source: BV
Outlook & Strategy

Closing ‘reality gap’ between net zero ambition and energy transition action requires US and EU to pull all decarbonization levers

McKinsey & Company, a global management consulting firm, highlights the need to up the climate action ante by scaling up interrelated low-emission and green technologies.

about 2 years ago
CSS Subsea, a subsea engineering solutions provider, has been acquired by a UK-based subsea company Artina, expanding both companies' capabilities in the global energy services market.
Outlook & Strategy

New ownership for Swiss subsea engineering solutions provider

CSS Subsea, a subsea engineering solutions provider, has been acquired by a UK-based subsea company Artina, expanding both companies’ capabilities in the global energy services market. After five years as part of CSS Group, CSS Subsea will now operate as Deepwave under new ownership. The transition

about 2 years ago
‘Groundbreaking step’: Australia and Germany commit to contribute €400M to joint H2Global hydrogen auction
Outlook & Strategy

‘Groundbreaking step’: Australia and Germany commit to contribute €400M to joint H2Global hydrogen auction

Germany and Australia are expanding their energy cooperation through a joint declaration of intent under which each country committed to contribute €200 million to a joint H2Global auction, an initiative aiming to address the cost-of-difference of renewable hydrogen and its derivatives while establi

about 2 years ago
A view of a bridge on an offshore platform at sunset
Outlook & Strategy

Five years of emission cuts bring UK’s 2030 oil & gas decarbonization targets within reach, but more needed for cleaner energy

Based on the latest report on emissions in the oil and gas industry by the UK’s regulator, the North Sea Transition Authority (NSTA), progress has been made on the decarbonization journey, however, additional effort is still required to ensure the industry will meet key emissions targets and adopt l

about 2 years ago
Odfjell
Outlook & Strategy

Odfjell joins Achilles Maritime Network, raising total fleet to over 1,500 vessels

In a move that could strengthen the push for sustainability in maritime, Norwegian shipping company Odfjell has recently joined the UK-based supply chain risk management solutions provider Achilles’ digital platform dubbed the Achilles Maritime Network, bringing the total number of vessels within th

about 2 years ago
MMMCZCS
Outlook & Strategy

IRENA: Renewable hydrogen sector to potentially reshape global energy trade

The renewable hydrogen sector could play a crucial role in reshaping global energy trade, creating opportunities for new players, including developing countries, a new IRENA report found.

about 2 years ago
New industry platform zeroes in on clean maritime fuels uptake in Europe
Outlook & Strategy

New industry platform zeroes in on clean maritime fuels uptake in Europe

Maritime associations and interest groups including ECSA, FuelsEurope, eFuel Alliance, EWABA, HydrogenEurope, and Methanol Institute have established a new Clean Maritime Fuels Platform, an industry initiative aiming to enhance communication between the shipping sector and fuel producers. Representa

about 2 years ago
Spain’s energy giant Repsol has selected Norway’s IKM Operations, part of the IKM Group, as the provider of integrity management for its Norwegian fields.
Outlook & Strategy

Repsol awards five-year integrity management contract to Norwegian firm

Spain’s energy giant Repsol has selected Norway’s IKM Operations, part of the IKM Group, as the provider of integrity management for its Norwegian fields. The contract covers engineering tasks and inspections at Repsol Norge’s topside facilities and subsea installations/pipelines in the Yme, Rev, an

about 2 years ago