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Outlook & Strategy

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Northern Lights JV
Outlook & Strategy

Northern Lights moves forward with tank delivery

The Northern Lights joint venture (JV) has taken delivery of nine new CO2 storage tanks at its Øygarden site in Norway, marking a key step in the development of Phase 2 of the project. The tanks were safely unloaded with support from Equinor, acting as the project’s technical service provider (TSP),

about 1 year ago
Illustration/The 2MWp floating solar system at Banja reservoir in Albania (Courtesy of Ocean Sun)
Outlook & Strategy

Ukraine to explore floating solar with Norwegian-Turkish partners

Norwegian company Ocean Sun has signed a memorandum of understanding (MoU) with the Ukrainian Zhytomyr City Territorial Community and Turkey’s HICC Heavy Industry Construction to explore the deployment of a floating solar power plant with a capacity of up to 25 MWp. According to Ocean Sun, the MoU s

about 1 year ago
Fugro picks up survey contracts for UAE field developments
Outlook & Strategy

Fugro picks up survey contracts for UAE field developments

The Netherlands-headquartered Fugro has secured a series of contracts for offshore and onshore site surveys in the United Arab Emirates, supporting two of the country’s largest energy field development programs. Work is set to begin in August 2025. The scope includes geophysical and geotechnical inv

about 1 year ago
India commissions 1 MW green hydrogen plant at Kandla Port
Outlook & Strategy

India commissions 1 MW green hydrogen plant at Kandla Port

India has commissioned a 1 MW green hydrogen power plant at Kandla Port, marking a step forward in the country’s push toward cleaner maritime infrastructure.

about 1 year ago
Courtesy of Aquaterra Energy
Outlook & Strategy

UK firm to continue subsea well support offshore Egypt

Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a two-year extension to its offshore analysis services contract in Egypt, supporting what is described as a “major” operator’s subsea well campaigns. Under the initial contract awarded in 2023, the UK-ba

about 1 year ago
FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém
Outlook & Strategy

FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém

FRV has selected Envision Energy as its strategic partner for H2 Cumbuco, a large-scale green ammonia project located within the renewable hydrogen hub of the Port of Pecém, Brazil.

about 1 year ago
BSM launches its first methanol bunkering simulator
Outlook & Strategy

BSM launches its first methanol bunkering simulator

Maritime services company Bernhard Schulte Shipmanagement (BSM), in partnership with technology group Wärtsilä, has launched its first methanol bunkering simulator at Maritime Training Centre in Kochi, India.

about 1 year ago
Menter Môn Morlais
Outlook & Strategy

Morlais tidal energy project scales up as Cydnerth construction begins

Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South

about 1 year ago
Axpo
Outlook & Strategy

South Korea commits $150B to help revive US shipbuilding

South Korea has pledged $150 billion into a dedicated United States shipbuilding rejuvenation fund, as part of a much larger, $350 billion bilateral trade agreement with Washington. According to the South Korean government, the deal will aim to breathe new life into the American vessel construction

about 1 year ago
Mark Rasmusen and Barry Summers shaking hands
Outlook & Strategy

IKM Testing gets €26M in new contracts, appoints regional director

IKM Testing UK, a company within the IKM Group, has appointed Barry Summers as its new Regional Director, following the retirement of Mark Rasmusen. The move comes as the company reports £23 million (approximately €26,5 million) in new contract awards during the first half of 2025, just 14% short of

about 1 year ago
floating solar
Outlook & Strategy

1 MWp floating solar project underway in Paraguay

Itaipu Binacional, a binational entity equally owned by Brazil and Paraguay that focuses on clean and renewable energy, has begun installing its first floating solar photovoltaic (FPV) system on the Paraguayan side of the Itaipu Reservoir. According to OWC, the 1 MWp project marks a step toward hybr

about 1 year ago
Siemens and Paragon join forces on novel hydrogen production technology
Outlook & Strategy

Siemens and Paragon join forces on novel hydrogen production technology

Siemens and Paragon Resources have entered a memorandum of understanding (MoU) to jointly scale production of hydrogen using a novel process that reportedly eliminates the need for fossil fuels or external electricity sources.

about 1 year ago
Jud Virden, Ph.D.
Outlook & Strategy

New lab director appointed at NREL

The Alliance for Sustainable Energy, which manages the National Renewable Energy Laboratory (NREL) for the U.S. Department of Energy (DOE), has named Jud Virden as its new Laboratory Director and President of the Alliance. The appointment follows a national search and will take effect on October 1,

about 1 year ago
First Hydrogen expands nuclear SMR collaboration with University of Alberta
Outlook & Strategy

First Hydrogen expands nuclear SMR collaboration with University of Alberta

First Hydrogen has expanded its collaboration with the University of Alberta to include nuclear small modular reactor (SMR) design for green hydrogen production.

about 1 year ago
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