Outlook & Strategy
With new orders of €13 billion in the bag, Prysmian pinpoints energy transition and electrification as growth drivers
Prysmian Group has revealed strong results for the first nine months of 2023, with new orders year-to-date amounting to approximately €13 billion.
Deep Wind Offshore and Hy2gen form green hydrogen partnership
Deep Wind Offshore has joined forces with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. “The combination of offshore wind and hydrogen has got massive potential. It is not possible to achieve net zero without green energy carriers, who will need a massive amount of renewa
Damen, Bawat strengthen ties in mobile BWMS
Damen Green Solutions and Bawat A/S have announced a new joint venture to develop and market “the world’s greenest” mobile BWMS.
UK oil & gas firm obtains approval to buy stakes in Angolan offshore blocks
UK-headquartered Afentra, through its wholly-owned subsidiary Afentra (Angola) Ltd., has received approval from the Government of Angola for the acquisition of interests in two blocks offshore Angola from state-owned oil and gas company Sonangol. Afentra announced it had received the approval for th
Reach Subsea inks charter contract for low-emission survey vessel
Reach Subsea has signed a three or five-year charter contract, including additional options, with Agalas for a low-emission IMR/survey vessel with a smart lifting arrangement and an equipment package that can be adapted to several market segments. The new vessel, set to be constructed at the Sefine
Nexans to link Orkney Islands to Scottish mainland
SSEN Transmission has selected Nexans to supply and install the high-voltage cables that will provide a transmission link from the Orkney Islands to the Scottish Highlands. A capacity reservation agreement has been signed and Nexans has committed to reserve manufacturing and installation capacity fo
Neoline: Construction starts on first sailing cargo ship
The construction has begun on the first sailing roll-on/roll-off (RoRo) vessel ordered by French startup Neoline Armateur.
Siemens Energy & Air Liquide inaugurate electrolyzer factory in Germany
German Siemens Energy and French Air Liquide have held an inauguration ceremony for their new gigawatt electrolyzer factory in Berlin, Germany. The ceremony for the series production of the hydrogen technology was held in the presence of German Chancellor Olaf Scholz, German Economics Minister Rober
Spirit Energy gives more work to Well-Safe Solutions rig
Aberdeen-based decommissioning services provider Well-Safe Solutions has signed an agreement with Spirit Energy to add a well to the existing scope of the Well-Safe Defender semi-submersible rig. The expanded scope will include a well from the Appleton field located 160 miles east of Dundee, origina
Minesto’s 1.2MW tidal energy device on its way to Faroe Islands
Swedish company Minesto has completed the onshore testing on its tidal energy kite system Dragon 12, which is now being shipped for installation and commissioning in Faroe Islands.
Liquid Wind and partners eye ten additional eMethanol facilities by 2027
Swedish electrofuel developer Liquid Wind, through its partnership with Alfa Laval, Carbon Clean, Siemens Energy, and Topsoe, has revealed plans for developing and marketing ten additional eMethanol facilities in the Nordics by 2027. The newly-announced plans build on the partnership that was initia
New investor to help drive ESL Shipping’s green transition
Finnish conglomerate Aspo has attracted a new investor for ESL Shipping to accelerate the green transition of its shipping subsidiary.
NAVTOR, Voyager Worldwide merge to advance maritime tech industry
NAVTOR, a Norway-based e-navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a Singapore-headquartered provider of maritime technology solutions, have agreed to merge in an industry combination.
Njord to install energy-saving tech on another Greenheart vessel
Njord and Greenheart, a subsidiary of Hayfin Capital Management, have added an extra vessel to their partnership.