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Outlook & Strategy

Taiwan’s first offshore power cable factory inaugurated (Gallery)

A joint venture (JV) between Danish power cable manufacturer and installation firm NKT and Taiwanese cable company Walsin Lihwa has inaugurated Taiwan’s first offshore power cable factory. Operated by the JV Walsin Energy Cable System (WECS), the factory was inaugurated on Saturday, December 6, in K

about 10 months ago

Outlook & Strategy

EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure

As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest (PMIs).

about 10 months ago

Outlook & Strategy

UK underwater market hits £9.4 billion: Project delays place offshore energy supply chain at risk

Global Underwater Hub (GUH), the trade and development body representing the UK’s multibillion-dollar subsea sector, has undertaken a new study for the nation’s underwater sectors, which emphasizes that frequent delays to offshore energy and infrastructure projects threaten the viability of Great Br

about 11 months ago

Outlook & Strategy

HMM, BGN unit form LPG shipping JV

HMM, South Korea’s largest national carrier, has partnered with B-International Shipping and Logistics, a part of the Swiss BGN group of companies, to establish a joint venture in Singapore.

about 11 months ago

Outlook & Strategy

BASF and ExxonMobil to advance methane pyrolysis technology for low-emission hydrogen

German chemical company BASF and U.S. energy major ExxonMobil have signed a joint development agreement to co-develop methane pyrolysis technology for low-emission hydrogen.

about 11 months ago

Outlook & Strategy

Sonardyne adds another task to its contract for UK’s first offshore CCS project

Underwater technology company Sonardyne has added more work to its existing contract with the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, for the UK’s first offshore carbon capture and storage (CCS) project. Developed some 75 kilometers east of Flamborough

about 11 months ago

New anchor project could lower costs for floating wind and wave energy

Outlook & Strategy

New consortium sets sights on smarter anchoring for floating wind and wave energy

The Netherlands-based Dieseko Group and Swedish wave energy developer CorPower Ocean have formed a consortium to launch VibroDrive+, a research project aimed at advancing offshore anchor technology through improved design and installation methods. Backed by €400,000 in Eureka Eurostars funding, the

about 11 months ago

Outlook & Strategy

TGS wins contract extensions in Norway, about to start 3D survey in Brazil

Norwegian energy data and intelligence company TGS has secured an extension for its current contracts with what it says is a major international energy company, for reservoir monitoring and source services on the Norwegian Continental Shelf (NCS). The contracts cover the provision of reservoir monit

about 11 months ago

Outlook & Strategy

Nexans Electra makes a splash, sea trials set for spring (Gallery)

The hull of Nexans’ new cable-laying vessel (CLV) Nexans Electra has been launched from the dock hall at Ulstein Verft in Norway, marking the start of the finalizing phase of testing and tuning before delivery next year. The vessel is nearing the completion of the outfitting phase, which has include

about 11 months ago

Outlook & Strategy

Seaturns moves forward in wave energy trials

France’s wave energy developer Seaturns has started phase II of its full-scale trials in the Gironde estuary, Région Nouvelle-Aquitaine. The site was chosen for its technical and maritime conditions, which the company said are “ideal for validating our demonstrator.” According to Seaturns, Région No

about 11 months ago

Outlook & Strategy

Solstad vessel to keep sailing with DeepOcean in 2027, instead of work with Prysmian

A construction support vessel (CSV) owned by Norway’s Solstad Maritime is set to return to work for DeepOcean in 2027 instead of beginning a five-year contract with Italian cabling giant Prysmian Group as announced in 2024. Under a contract defined as very large, meaning it is worth between $50 mill

about 11 months ago

Outlook & Strategy

New biomass-to-biomethanol project in California advances

OroCarbo has selected Haffner Energy’s renewable syngas solution, SYNOCA, for integration into a 100-tonne/day biomass-to-biomethanol project in California, using Maverick Synfuels’ syngas-to-methanol conversion technology.

about 11 months ago

Les Ilots Blandin floating solar farm, France. Copyright: Romain Berthiot

Outlook & Strategy

Spanish firm acquires ‘Europe’s largest’ floating solar plant

Spain-based Velto Renewables has completed the acquisition of what is described as “Europe’s largest” 74.3 MWp Les Ilots Blandin floating solar power plant from renewable energy developer Q Energy, becoming the sole owner of the facility located in Perthes, Haute-Marne, France. The company previousl

about 11 months ago

Outlook & Strategy

Franco-German maritime relations strengthened as CMA CGM takes stake in EUROGATE Hamburg terminal

French shipping and logistics giant CMA CGM Group has signed a term sheet to acquire a 20% stake in EUROGATE Container Terminal Hamburg (CTH).

about 11 months ago