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Outlook & Strategy

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Cross-border CO2 storage customer booked for Denmark's Project Greensand
Outlook & Strategy

Cross-border CO2 storage customer booked for Denmark’s Project Greensand

INEOS, on behalf of Project Greensand, has signed a cross-border agreement with Öresundskraft Kraft & Värme to explore the storage of CO2 from Sweden at the Greensand offshore storage facility in the Danish North Sea, starting from 2028. The agreement will see the partners explore the storage of up

about 1 year ago
Nexans to start repairing damaged Finland-Estonia subsea link next month
Outlook & Strategy

Nexans to start repairing damaged Finland-Estonia subsea link next month

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Nexans has been tasked to carry out subsea cable repair on the electricity transmission link between Finland and Estonia that was damaged at the end of December 2024, with the activities set to begin in May and the link expected to start operating again in July. To remind, Finnish transmission syste

about 1 year ago
Design concept for grid scale Porpoise Power tidal energy unit.
Outlook & Strategy

UK firm raises almost $1.6M to scale dolphin-inspired tidal energy tech (Video)

Porpoise Power, a tidal energy spin-out from the University of Oxford, has exited stealth with a £1.2 million (approximately $1.58M) pre-seed round led by Zero Carbon Capital (ZCC), alongside Creator Fund and Oxford Science Enterprises (OSE). According to ZCC, the UK startup is developing a bio-ins

about 1 year ago
‘World’s first’ liquid hydrogen corridor to link Oman, the Netherlands and Germany
Outlook & Strategy

‘World’s first’ liquid hydrogen corridor to link Oman, the Netherlands and Germany

A joint development agreement (JDA) has been signed to establish the “world’s first” liquid hydrogen corridor, connecting Oman, the Netherlands and Germany.

about 1 year ago
Floating solar project in Valencia reaches first milestones
Outlook & Strategy

BlueNewables taps Abervian for floating solar project in Valencia

Spain-based company Abervian has entered into a strategic collaboration with compatriot engineering consultancy supporting the marine energy sector BlueNewables to support the development of a 1 MW floating solar platform, scheduled for installation in the Port of Valencia, Spain in 2026. The projec

about 1 year ago
The rigs developed in IMPACT will continue as part of the SWEET Lab at VGA’s facilities in Deruta, Italy. Image: VGA.
Outlook & Strategy

RISEnergy seeks projects slashing life cycle costs across renewable energy tech

RISEnergy has opened its second transnational access (TA) call for applications, inviting researchers from academia and industry to propose innovative solutions to improve energy systems or cut the life cycle costs of renewable energy technologies. The EU-funded call covers research in key areas, in

about 1 year ago
Fugro logo
Outlook & Strategy

Fugro realigns Americas ops amid offshore wind slowdown and market uncertainty

Dutch Fugro has realigned its operations in the Americas by reducing its workforce and scaling back operations due to expected lower revenues caused by a pause in new offshore wind projects. In the financial update for the first quarter of 2025, Fugro stated that rapidly increased geopolitical and e

about 1 year ago
Offshore surveys to start at UK's fifth subsea electricity superhighway
Outlook & Strategy

UK’s fifth subsea electricity superhighway in the making?

Offshore marine survey operations are scheduled to begin soon at what would be the UK’s fifth subsea electricity superhighway, connecting Scotland and England. Ireland-based XOCEAN is in charge of carrying out the marine survey works for the Eastern Green Link 5 (EGL5) project using seven remotely o

about 1 year ago
European TSOs: ‘Energy independence must begin at sea’
Outlook & Strategy

European TSOs: ‘Energy independence must begin at sea’

The Offshore TSO Collaboration (OTC), an initiative established in 2022 that gathers transmission system operators (TSOs) from the European Northern Seas, says that a unified and efficient offshore grid development strategy is needed for the North Sea to maximize benefits for Europe’s energy securit

about 1 year ago
2 GW hybrid offshore interconnector in the plans to hook up Lithuania, Latvia and Germany
Outlook & Strategy

2 GW hybrid offshore interconnector in the plans to hook up Lithuania, Latvia and Germany

Lithuania, Latvia and Germany are planning to jointly develop a hybrid offshore electricity interconnector between the two Baltic States and Germany, which would be 600 kilometers long and with a capacity of 2 GW. Lithuanian transmission system operator (TSO) Litgrid and its Latvian and German count

about 1 year ago
Worley and Topsoe unite on e-methanol production in US
Outlook & Strategy

Worley and Topsoe unite on e-methanol production in US

Worley has entered into a collaboration with Topsoe to accelerate standardized, modular e-methanol production plants in the U.S. Midwest.

about 1 year ago
Aftermath of IMO’s net-zero framework: ‘Historic’ agreement or ‘total shipwreck’?
Outlook & Strategy

Aftermath of IMO’s net-zero framework: ‘Historic’ agreement or ‘total shipwreck’?

During the session held from April 7 to April 11, MEPC 83 approved the IMO Net-Zero Framework, said to be the first in the world to combine mandatory emissions limits and greenhouse gas (GHG) pricing across an entire industry sector.

about 1 year ago
With pilot run off the list, Port of Rotterdam gearing up for ammonia bunkering
Outlook & Strategy

With pilot run off the list, Port of Rotterdam gearing up for ammonia bunkering

The Dutch Port of Rotterdam has hosted an ammonia bunkering pilot at the Maasvlakte 2 APM terminal, validating the safety framework for ammonia bunkering and marking “an important step” toward sustainable shipping.

about 1 year ago
Auctioneer selected for cross-border transmission capacity of first UK-Germany energy link
Outlook & Strategy

Prysmian hires NextGeo for bomb hunt at first UK-Germany energy link

Italian cabling giant Prysmian Group has awarded compatriot Next Geosolutions (NextGeo) with a contract for potential unexploded ordnance (pUXO) identification and clearance along the route of NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link betwe

about 1 year ago