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Business & FinanceBusiness Developments & ProjectsInnovationProject & TendersStorageTransitionAuthorities & GovernmentCarbon Capture Usage & StorageEnvironmentMarket OutlooksOutlook & StrategyRegulation & PolicyRules & RegulationCollaborationTechnologyVesselsInfrastructureOperations & MaintenancePorts & Logistics
Siemens Gamesa turbine chosen for wind-wave power and hydrogen storage demo project
Vision

Siemens Gamesa turbine chosen for offshore wind-wave power demo in Spain

Danish renewable energy developer Floating Power Plant has selected a Siemens Gamesa wind turbine to be deployed at its demo project off the coast of Gran Canaria that integrates floating wind, wave energy, and hydrogen production. The 4.3 MW SWT-DD-120 turbine will be installed at the Plataforma Oc

about 2 years ago
Canada
Vision

New clean economy legislation to propel Canada’s net zero by 2050 goal

The Government of Canada has passed into law the first four Clean Economy Investment Tax Credits (ITCs), set to attract investment, boost innovation, create jobs, and steer the nation’s economy towards achieving net-zero emissions by 2050.

about 2 years ago
With financial support, Equinor backs Reach Subsea's USV qualification program
Vision

With financial support, Equinor backs Reach Subsea’s USV qualification program

Norway’s Reach Subsea is collaborating with compatriot state-owned energy giant Equinor to carry out a technology qualification program for the Reach Remote uncrewed surface vessels (USVs) that aims to validate remote operations for various tasks. Reach Remote 1 and 2 have entered the final testing

about 2 years ago
Shetland HVDC Link transmits first power ahead of full commissioning later this summer
Vision

Shetland HVDC Link transmits first power ahead of full commissioning later this summer

SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) Link in the North Sea has transmitted its first power from a wind farm to the mainland, nearing full energization. The £660 million Shetland HVDC Link connects Noss Head in Caithness and Weisdale Voe in Shetland. The 260-kilometer subse

about 2 years ago
WoodMac: E-fuels can offer solution to power critical transportation segments
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WoodMac: E-fuels can offer solution to power critical transportation segments

E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, but the journey needs to start now, a Wood Mackenzie (WoodMac) report said.

about 2 years ago
Two out of four CO2 storage licenses awarded offshore Norway going to Equinor
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Two out of four CO2 storage licenses awarded offshore Norway going to Equinor

The Norwegian Ministry of Energy has awarded four new exploration licenses related to CO2 storage on the Norwegian Continental Shelf (NCS) to six companies as part of the sixth call for CO2 storage on the NCS. The exploration licenses are located in the North Sea, with two offered to Equinor, one to

about 2 years ago
Illustration/C-Power’s wave energy-powered devices (Courtesy of C-Power)
Vision

Green Marine UK joins C-Power in demonstrating autonomous offshore power system

Scotland’s Green Marine (UK) has joined the U.S.-based C-Power’s Partner Engagement and Co-development (PEC) program to advance autonomous offshore power systems (AOPS).

about 2 years ago
Pelaflex, floating platform technology. Source: Marine Power Systems
Vision

Marine Power Systems and Quoceant partner to advance Q-Connect in floating wind market

Welsh company Marine Power Systems (MPS) has joined Quoceant’s Offshore Wind Growth Partnership (OWGP) project to accelerate the development of Q-Connect technology into the floating offshore wind market.

about 2 years ago
Prysmian gives out €35M contract to expand submarine cable plant in Finland
Vision

Prysmian gives out €35M contract to expand submarine cable plant in Finland

Italian cabling giant Prysmian Group has awarded Finnish construction and development company YIT with a contract to build warehouse facilities at the production site for submarine cables in Kirkkonummi, Finland. Under the contract valued at approximately €35 million, YIT is in charge of the expansi

about 2 years ago
Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth
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Dutch thermoplastic composite pipe producer welcomes €20M investment to boost growth

SENCO Hydrogen Capital, a private equity firm focusing on investments across the hydrogen and energy-in-transition value chain, has invested €20 million in Dutch manufacturer of innovative pipeline technology Strohm to boost the company’s growth trajectory. Made shortly after the first closing of SE

about 2 years ago
The Morlais landfall substation. Photo Credit: Menter Môn.
Vision

Inyanga Marine and Verdant Morlais to work on 4.9 MW tidal stream energy project in Wales

Inyanga Marine Energy Group and Verdant Morlais Ltd (VML) have inked a memorandum of understanding (MoU) to deliver a 4.9 MW tidal stream energy project at Morlais in Wales.

about 2 years ago
Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs
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Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs

A number of industry partners have kicked off the next phase of the On Demand Ocean Bottom Node (OD OBN) development project which aims to provide a versatile, lower-cost, more resilient solution for time-lapse seismic and subsidence monitoring of producing reservoirs. The project, which began in 20

about 2 years ago
Norway's Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure
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Norway’s Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure

Norwegian state-owned energy giant Equinor and French gas transmission operator GRTgaz have signed a project development agreement (PDA) for a transport system for captured CO2 from industrial emitters in France to permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project

about 2 years ago
90-year-old French firm rebrands for strategic growth
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90-year-old French firm rebrands for strategic growth

With the wish to accelerate growth as an advanced technology company, France-based geophysical services company CGG has rebranded following 90+ years of history. With the launch of the new brand, CGG, created in 1931 and now known as Viridien, said it marks the next stage in its strategic growth as

about 2 years ago
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