Outlook & Strategy

Norway racks up high gas production while pursuing decarbonisation with CCS and offshore wind
Norway’s role as natural gas exporter becomes more entrenched, with the country keeping up high gas production.

SHI taps TMC for compressor deliveries to 12 LNG carriers
South Korean shipbuilding company Samsung Heavy Industries (SHI) has chosen Norway-based supplier TMC Compressors to deliver the marine compressed air system to 12 LNG carriers the shipbuilder is constructing for an undisclosed client. Specifically, TMC is expected to deliver a complete marine compr

Prysmian makes move to assure capability for delivery of UK HVDC link
Italian cabling giant Prysmian has committed to providing €180 million to ensure ongoing capacity availability for the planned construction of a new high voltage direct current (HVDC) cable link in the UK. After being selected as the exclusive preferred bidder in May, the commitment includes the pay

Hi-tech USV begins sea trials before leaving for America
SEA-KIT International’s latest uncrewed surface vessel (USV) has commenced sea trials in the UK ahead of delivery to the U.S. autonomous maritime solutions provider ThayerMahan. This latest USV, X107T – the seventh X-class to leave SEA-KIT’s production facility in the East of England, includes a new

Subsea7 and EnBW form offshore wind-to-hydrogen partnership
Subsea7 and EnBW have signed a Memorandum of Understanding to jointly study several offshore wind-powered hydrogen production concepts. Within the framework of a study, the two partners will explore the technical and commercial elements of green offshore hydrogen production, from both pilot and comm

Volvo shifts to renewable fuels for ocean freight
Car brand Volvo Cars has switched to renewable fuels for ocean freight to cut fossil CO2 emissions. Volvo said that every year tens of thousands of containers of production material destined for its factories are carried across the world’s oceans on container ships, noting that from now on, most of

Denmark: Hydrogen can now be traded and marketed as green energy
A new executive order has come into force on 1 July 2023 in Denmark that makes it possible to issue guarantees of origin for hydrogen, meaning that PtX actors can now market and show that they trade in green hydrogen and use green hydrogen in their processes. According to Danish Energy Agency, in th

Vos Prodect joins Jan De Nul on new Scottish interconnector
UK-based Vos Prodect, in collaboration with Jan De Nul, has been selected to provide pipes for the new Pentland Firth interconnector in Scotland. The Pentland First East project 3 will consist of a new subsea power cable between Caithness at Murkle Bay to Rackwick Bay at Hoy. Jan De Nul is in charge

Port Esbjerg: Lack of personnel as specialized vessels create specialized jobs
The fast-paced development of the offshore wind industry is causing the emergence of new, unforeseen jobs to which ports cannot cater as there is a lack of people and a lack of port capacity, Jesper Bank, Chief Commercial Officer of Port Esbjerg, said during a presentation in Denmark. Although the n

Interview with MCF’s CEO: In hot pursuit of gas as embodiment of low-carbon energy and stepping stone to green future
Natural gas is perceived to be the perfect candidate to bridge the supply gap in the transition from fossil fuels to renewables.

UK project brings AI to subsea inspections
The UK’s National Subsea Centre (NSC) and Robert Gordon University (RGU) are collaborating on a data project to add artificial intelligence technology to subsea inspection operations. The Subsea AI Body of Knowledge (SAIBOK) project is using AI and machine learning technologies to accurately train a

In focus: CCS and renewables leading the energy transition race
The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEner

Yara and BASF to work on low-carbon blue ammonia project in U.S.
Yara Clean Ammonia (YCA), a subsidiary of Norwegian fertilizer company Yara International, and BASF, a German-based chemical producer, are collaborating on a joint study to develop and construct a low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. Accordin

Container shipping majors score big as Evergreen, CMA CGM, and Maersk add over 40 orders to the yards
The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE