Outlook & Strategy

New partnership targets cable-lay market
The Netherlands-based Huisman has signed a partnership agreement with ESD to expand its cable-lay product portfolio, with the aim of increasing its position in the offshore wind market. According to Huisman, the agreement will see the combination of ESD’s expertise in designing smart cable-lay solut

Norwegian floating solar developers partner up for greener aquaculture
Norwegian companies Ocean Sun and Inseanergy have formed partnership to supply the aquaculture industry with green energy using floating solar technology. Following the settlement of a patent dispute earlier this year, Ocean Sun and Inseanergy have entered into a cooperation agreement to supply gree

Prysmian hits dynamic cables milestone
Prysmian Group has completed the pre-termination phase for the dynamic cables destined for a floating offshore wind farm off the coast of France – said to be the company’s first turnkey project of a dynamic cables system for a floating wind farm. Prysmian announced the completion of the dynamic cabl

QatarEnergy LNG delivers 1,000th cargo to South Hook LNG terminal in UK
QatarEnergy LNG, previously known as Qatargas, has completed its 1,000th LNG shipment to the South Hook LNG terminal at Milford Haven in the United Kingdom (UK). The landmark delivery was made by the Q-Max LNG carrier Mozah, which already has another landmark achievement to its name, the 10,000th LN

Ocean Sun to supply floating solar tech for 2MW project in India
SJVN Green Energy, a wholly owned subsidiary of India’s state-owned SJVN, has signed a memorandum of understanding with Ocean Sun to develop a floating solar project in India.

DNV, AL Group to explore CCS on board containership, bulker newbuilds
DNV has entered into a JDP with AL Group and its Singapore unit to explore the feasibility of CCS on board AL’s newbuildings.

TECO 2030 & Yokogawa ally on use of H2 fuel cells in industrial applications
Norway’s cleantech company TECO 2030 and Japan’s electrical engineering and software company Yokogawa Electric Corporation have signed a strategic partnership and investment agreement regarding the development of technology for utilizing hydrogen fuel cells in industrial applications. Under the agre

Statnett assigns grid capacity for Aker Horizons’ ammonia projects in Norway
Energy company Aker Horizons has been allocated a grid capacity of 250 MW for its large-scale green ammonia plant under development in Kvandal outside Narvik and 120 MW for its facility in Berlevåg, both in Northern Norway, by system operator Statnett. The company said the grid capacity in Kvandal w

Europe’s LNG capacity buildout outpaces demand, IEEFA claims
The Institute for Energy Economics and Financial Analysis (IEEFA) has reported that the gap between Europe’s LNG capacity and demand continues to widen. Europe has added six new LNG terminals in 2023, plus a previously mothballed terminal and a new floating storage regasification unit (FSRU) that is

Shell’s Norwegian gas field pioneers remote data harvesting
Sonardyne, working with XOCEAN’s uncrewed surface vehicles (USV), has delivered remote acoustic data harvesting services to Shell at its Ormen Lange gas field in the Norwegian Sea that does not have conventional surface operation platforms. Without surface platforms, acoustic data from the subsea se

MEYER Group takes 50% stake in C-Job
Dutch ship design and engineering company C-Job Naval Architects has formed a strategic partnership with MEYER Group, wherein MEYER Group will acquire a 50 percent stake in C-Job. MEYER Group, an international consortium, operates three shipyards under MEYER Werft, located in Papenburg, Rostock, and

Netherlands starts construction of national hydrogen network
The King of the Netherlands Willem-Alexander has performed the official ceremony to start work on the construction of a national hydrogen network in the Netherlands. The ceremony took place on Friday, October 27, 2023, on the building site of Gasunie subsidiary Hynetwork Services in the port of Rott

OX2 and Nordkalk planning e-fuel production on Gotland, Sweden
Sweden-based OX2 and Finland-based Nordkalk have announced plans to jointly investigate the opportunities for the production of e-fuel on Gotland, Sweden. Specifically, the parties will initiate a pilot study on how a facility should be planned, how the use of the area can be maximized and how the h

GSBN, DNV team up on verified data sharing in a major push for decarbonization
Global Shipping Business Network (GSBN), an independent non-profit technology consortium, has signed a Memorandum of Understanding (MoU) with the DNV classification society. The partnership aims to promote decarbonization and accelerate the adoption of alternative fuels by enabling the trusted shari