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Outlook & Strategy

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Business & FinanceBusiness Developments & ProjectsProject & TendersCollaborationExploration & ProductionResearch & DevelopmentTechnologyGreen MarineTransitionVesselsVisionAuthorities & GovernmentEnvironmentInnovationRegulation & PolicyInfrastructureStorageCarbon Capture Usage & StorageMarket OutlooksRules & RegulationPorts & LogisticsIT & Software
High demand brings TGS four acquisition projects offshore Norway
Outlook & Strategy

High demand brings TGS four acquisition projects offshore Norway

Norway-based energy data and intelligence company TGS has secured four 4D streamer contract acquisition projects offshore Norway, three in the North Sea and one in the Barents Sea. The North Sea campaign is set to start in early Q2 with back-to-back scheduling and a total duration of approximately 1

about 1 year ago
Plug Power seals electrolyzer supply deal for hydrogen-to-ammonia project in Australia
Outlook & Strategy

Plug Power seals electrolyzer supply deal for hydrogen-to-ammonia project in Australia

U.S. Plug Power has signed a purchase agreement with Australian Allied Green Ammonia (AGA) to supply three gigawatts (3 GW) of electrolyzer capacity to AGA’s green hydrogen-to-ammonia plant, currently under development in Australia.

about 1 year ago
Keel laying marks official construction start of NKT's second cable layer
Outlook & Strategy

Keel laying marks official construction start of NKT’s second cable layer

Danish power cable manufacturer and installation company NKT has marked the official start of construction of its new cable-laying vessel (CLV) NKT Eleonora with the keel laying ceremony, some two months after the first steel was cut for the vessel. The official keel laying of NKT Eleonora took plac

about 1 year ago
A photo of the panelists at the Green Growth session at OEEC 2024
Outlook & Strategy

Deputy Head of Research Unit at EU’s DG Energy: ‘Relying on targets and assuming jobs and growth will follow does not work’

Relying only on renewable energy targets and expecting the industry and economic growth would follow “does not work”, Mark van Stiphout, Deputy Head of Unit for Research, Innovation, Competitiveness and Digitalisation at European Commission’s DG Energy, said during a panel session about green growth

about 1 year ago
Avina Clean Hydrogen’s large-scale ammonia project in US gains ground
Outlook & Strategy

Avina Clean Hydrogen’s large-scale ammonia project in US gains ground

U.S. green hydrogen producer Avina Clean Hydrogen has completed the front-end engineering design (FEED) and front-end-loading (FEL-3) for its 2,200 metric tons per day (MTPD) clean ammonia facility located in the Texas Gulf Coast.

about 1 year ago
Amogy secures additional $56 million to commercialize its ammonia-to-power solution
Outlook & Strategy

Amogy secures additional $56 million to commercialize its ammonia-to-power solution

Amogy has raised $56 million in venture financing to accelerate commercializing its technology in markets such as maritime and stationary power generation.

about 1 year ago
Illustration; Source: Westwood
Outlook & Strategy

$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

The batch of new projects, which are expected to reach the EPC stage this year, is anticipated to lead to awards worth billions of dollars for jobs related to associated subsea equipment, offshore platforms, floating production units, and liquefied natural gas (LNG) equipment and facilities, based o

about 1 year ago
New 800 MW green hydrogen project launched in Northern Germany
Outlook & Strategy

New 800 MW green hydrogen project launched in Northern Germany

Denmark’s Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (ETF), and German Friesen Elektra Green Energy have initiated project Anker, a green hydrogen production facility in Sande, Northern Germany.

about 1 year ago
NextGeo continues its expansion spree with purchase of another vessel
Outlook & Strategy

NextGeo continues its expansion spree with purchase of another vessel

As part of its growth and expansion plans aimed at strengthening the fleet and meeting increasing demand in the offshore sector, Italy-headquartered Next Geosolutions (NextGeo) has acquired another vessel, to be used for survey activities. NextGeo has completed the acquisition of the vessel Deep Hel

about 1 year ago
shipping
Outlook & Strategy

Trio to work on retrofit strategies amidst stricter maritime decarbonization targets

ABS, PCL, and PaxOcean have agreed to collaborate on developing retrofit strategies to support maritime decarbonization targets.

about 1 year ago
UK's first HVDC cable factory gets €23.7M boost from Scottish bank
Outlook & Strategy

UK’s first HVDC cable factory gets €23.7M boost from Scottish state-owned bank

The state-owned Scottish National Investment Bank is investing £20 million (around €23.7 million) in subsea cable manufacturer XLCC which will support the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. The new manufacturing facility is located at the brownfiel

about 1 year ago
Illustration/Exowave power plant (Courtesy of Exowave)
Outlook & Strategy

New partnership to drive wave power and desalination expansion in US

Exowave, a Danish wave energy technology company, has partnered with AquaX Energy Americas to establish a joint venture (JV), AquaX JV, to deploy wave energy solutions across North America, Central America, South America, and the Caribbean. According to Exowave, this partnership targets the implemen

about 1 year ago
AM Green partners with DP World to develop green fuels supply chain
Outlook & Strategy

AM Green partners with DP World to develop green fuels supply chain

Indian green hydrogen and ammonia producer AM Green has joined forces with UAE-based logistics group DP World to develop a sustainable supply chain for green fuels and chemicals.

about 1 year ago
SMD has teamed up with Beam to deploy AI-powered autonomous vehicles for offshore wind operations using Beam’s Pathfinder software.
Outlook & Strategy

AI-enabled ROV ops chart deeper offshore pathways for wind industry work

Underwater solutions company SMD has teamed up with UK-headquartered tech player Beam to deploy AI-powered autonomous vehicles for offshore wind operations using Beam’s software. The collaboration aims to boost efficiency in offshore wind farm maintenance by combining advanced subsea technologies. A

about 1 year ago
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