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Outlook & Strategy

Industry players present ‘key’ actions to bolster UK’s hydrogen economy

The Hydrogen Coordination Forum, which brings together a range of UK and regional bodies across the hydrogen landscape, has announced ten “key” actions to support the scale-up of new hydrogen infrastructure.

about 2 years ago

Illustration; Source: Deutsche Energy Terminal (DET)

Outlook & Strategy

Vigilance advised but mild winter serves to lessen concerns over gas supply in Germany

FNB Gas has confirmed the easing of gas supply woes in the winter of 2023/2024 due to mild temperatures and diversification of import routes.

about 2 years ago

NSTA plans to introduce 'user pays' carbon storage levy once market is self-sustainable

Outlook & Strategy

‘User pays’ carbon storage levy to be introduced in UK once market is self-sustainable

The UK’s North Sea Transition Authority (NSTA) has revealed its intention to introduce a levy on carbon storage licenses in the future, once the carbon capture and storage (CCS) industry begins operating on a more self-sustaining basis. The NSTA ran a call for evidence between December 4, 2023, and

about 2 years ago

Outlook & Strategy

Nel inks alkaline electrolyzers deal with Indian company

Nel Hydrogen Electrolyser and Reliance Industries Limited (RIL) have entered into a technology licensing agreement that provides the latter with an exclusive license for Nel’s alkaline electrolyzers in India and allows it to manufacture them for captive purposes globally.

about 2 years ago

Outlook & Strategy

DeepOcean performs first-ever subsea dredging operations remotely from shore

Norway-based ocean services provider DeepOcean has completed subsea dredging operations remotely from shore for the first time ever. This milestone activity was carried out for Norwegian oil and gas player Aker BP. DeepOcean’s remotely operated vehicles (ROVs) onboard the Edda Fauna were utilized fo

about 2 years ago

Outlook & Strategy

HYDS links up with px Group to increase use of green hydrogen in the Nordics

Norwegian developer of green hydrogen plants Hydrogen Solutions (HYDS) and UK-based infrastructure solutions business px Group have developed a partnership that will seek to accelerate the energy transition through the development of low-carbon, renewable fuels and power. The strategic partnership w

about 2 years ago

Outlook & Strategy

Minesto CEO: Dragon tidal energy technology ready for farm and microgrid deployment

Minesto’s CEO declared commercial readiness for Dragon Class, saying that they are ready for commercial deployment at the right performance levels. The existing offer is provided with a combination of wing size, power take-off (PTO), and tether length.

about 2 years ago

Outlook & Strategy

US state fund looking to invest in Greece-Cyprus-Israel interconnector

A U.S. state fund has expressed its interest in investing in an interconnection project that will link the electricity grids of Greece, Cyprus and Israel. The U.S. International Development Finance Corporation (DFC) has submitted a letter of intent (LoI) to Greece’s transmission system operator (TSO

about 2 years ago

Outlook & Strategy

Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023

Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bankroll oil and gas projects.

about 2 years ago

Offshore cable ops resume at new UK interconnector following winter pause

Outlook & Strategy

Offshore cable ops resume at Ireland-Wales interconnector after a break

Following a pause due to poor weather and vessel maintenance, offshore cable operations have resumed at the Greenlink interconnector that will link Ireland and Wales. Cable burial and trenching activities are ongoing along the interconnector route by the 127-meter-long DP2 offshore support vessel Gr

about 2 years ago

Outlook & Strategy

GTT and Engie invest in gas handling technology developer

Investment funds of French companies GTT and Engie have taken part in a €4 million financing round to support the development of compatriot CryoCollect, an engineering company specialized in gas handling technologies for biomethane, carbon dioxide (CO2), and hydrogen.

about 2 years ago

Outlook & Strategy

MHI and NGK to work on membrane dehydration systems for bioethanol and eMethanol

MHI and NGK will jointly develop membrane dehydration systems to realize low cost and optimize the efficiency of manufacturing processes for bioethanol and eMethanol.

about 2 years ago

Outlook & Strategy

‘Dramatic energy savings’ on the menu for one of Solstad’s largest CSVs

One of the largest construction support vessels (CSVs) in Solstad Offshore’s fleet is set to receive an energy-efficient upgrade said to allow “dramatic energy savings”. Kongsberg Maritime has been appointed to upgrade the Normand Sentinel from AZP 120 CP mechanical thruster to RD-AZ2600 rim-drive a

about 2 years ago

HoT signing event; Source: Rosetta Energy

Outlook & Strategy

Egyptian player rolls up its sleeves to assist in developing first LNG project in Tanzania

Rosetta Energy Solutions has signed an HoT agreement with Tanzania’s TPDC and Africa50 to develop Tanzania’s first small-scale LNG project.

about 2 years ago