14 April 2026 – As offshore energy and security discussions intensify, including a planned engagement between UK leadership and European industry representatives on 14 April, recent reports of submarine activity around subsea cables and pipelines have brought renewed attention to the resilience of critical offshore infrastructure. Subsea cables carry the vast majority of international data,... Continue Reading →
Orsted CEO eyes boost to European offshore wind from energy crunch
April 9 (Reuters) - The Middle East war is giving fresh momentum to Europe's push for energy independence and bolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday. Europe, a major importer of fossil fuels, has seen energy prices soar in recent weeks as the U.S.-Israeli war on Iran, and Teheran's blockage of shipments through... Continue Reading →
Brazilian Demand for Supply Vessels for the Oil and Gas Industry Peaks in 2025
April 1 (PN) Brazilian demand for platform supply vessels (PSVs) peaked at 140 vessel-years in 2025, driven by new offshore developments and high daily rates. This data comes from a survey by Rystad Energy, authored by Supply Chain specialists Victor Claro and Einar Michel. According to the consultancy, this scenario led shipowners to mobilize foreign-flagged... Continue Reading →
TotalEnergies to reassess 2050 net zero plans due to slow energy transition
March 26 (Reuters) - The world will not be able to reach carbon neutrality by 2050 as outlined in the Paris Agreement, French oil major TotalEnergies said on Thursday, and the company will have to adapt its own climate ambitions as a result. Total had previously said it had an ambition to be carbon neutral... Continue Reading →
Why Portugal and Spain Dodge Europe’s Energy Price Shock
March 24 (oilprice.com) There is a persistent belief in energy debates that refuses to die: renewables and electrification are necessary, but expensive. It is often framed as an unavoidable trade off — clean energy comes at a premium, while fossil fuels remain the cheaper, more reliable baseline. That assumption is now being tested against reality.... Continue Reading →
Asahi Kasei Begins Installation of Containerized Alkaline-Water Electrolyzer at Finland’s First Commercial Hydrogen Refueling Station
March 12, 2026 – Asahi Kasei, a diversified global company, has started theinstallation of an Aqualyzer™-C3 containerized 1 MW-class alkaline-water electrolyzer atFinland’s first commercial hydrogen refueling station in Jyväskylä. This developmentmarks the start of the project’s next phase and an important milestone in Europe’shydrogen ecosystem. In July 2025, Asahi Kasei announced that it would supply... Continue Reading →
Exail announces first sale of DriX H-9 for civil offshore operations to a European client
March 12th , 2026 – Exail, a leader in marine robotics technologies, announces the sale of its DriX H-9 Uncrewed Surface Vessel (USV) for civil offshore operations to a European client. The DriX H-9, equipped with a Multibeam Echosounder (MBES), Side Scan Sonar (SSS), Sub-Bottom Profiler (SBP) and magnetometer, will be deployed for offshore infrastructure... Continue Reading →
X1 Wind Gets DNV Certification for Floating Wind Platform Design
March 10 (OE) X1 Wind has received a Statement of Compliance for the basic design of its X100 floating offshore wind platform from classification society DNV, marking a key milestone in the development of the company’s floating wind technology. The certification confirms that the X100 platform meets international engineering and safety standards under the DNV-SE-0442... Continue Reading →
Fugro Swings to Loss as Renewables Slowdown Hits
Feb. 27 (Reuters) Dutch geological data specialist Fugro on Friday reported a 21 million euro ($25 million) annual loss reflecting challenges in the offshore wind industry and said its finance chief would step down in April. The Amsterdam-listed firm's consolidated revenue came in at 1.85 billion euros, 427 million euros less than in 2024, of... Continue Reading →
Portugal’s EDP 2025 profit rises 44% on renewables gains
Feb 25 (Reuters) - Portugal's largest power utility EDP on Wednesday reported a 44% rise in 2025 net profit, driven by robust earnings from its renewable arm, despite a decline in gains from divestitures of older renewable plants. Consolidated net profit rose to 1.15 billion euros ($1.36 billion). Subsidiary EDP Renovaveis, the world's fourth-largest wind energy producer,... Continue Reading →