Inside Energy April 2025 by Energy Industries Council

HARTING:

Sector analysis

Namibia’s rising prominence in the upstream oil and gas sector

In recent years, Namibia has emerged as one of the most significant focal points for oil and gas exploration in Africa, driven by a surge in exploration activities and the increasing presence of major international oil companies (IOCs). The country’s attractiveness as a destination for exploration and production (E&P) campaigns is largely attributed to its supportive governmental policies and investment-friendly environment. These factors have positioned Namibia as a promising frontier in the global energy sector, drawing considerable international interest.

One of the key areas underpinning this surge in activity is the Orange Basin, a prolific geological formation that has been the site of several major hydrocarbon discoveries, including the highly publicised Venus and Mopane finds. These discoveries have bolstered Namibia’s reputation as an emerging oil and gas hub, significantly enhancing its global credibility among investors and industry stakeholders.

A critical element in fostering this investment climate has been the introduction of progressive policies such as the Investment Promotion Act (2016). This legislation was specifically designed to stimulate and facilitate foreign direct investment in priority sectors, including the oil and gas industry. By reducing regulatory and operational barriers for IOCs, this framework has created a more conducive environment for large-scale energy projects, thereby accelerating exploration and development efforts.

The recent election results, which saw the continued leadership of the SWAPO party and the historic election of Netumbo Nandi-Ndaitwah as Namibia’s first female president, have introduced new dynamics to the country’s energy landscape. While the administration remains committed to advancing the nation’s energy agenda, it also faces immediate challenges related to the ongoing activities. The effectiveness of the new government’s policies in managing these challenges will be closely observed by industry players and investors alike.

According to EICDataStream, over the next two years, two significant projects have received schedules for reaching Financial Investment Decisions (FID). The first of these, TotalEnergies’ Venus project, is anticipated to reach the decision by December 2026. Meanwhile, the Kudu Gas Field Project, spearheaded by BW Energy, is expected to attain FID approval within the first half of 2025. These developments reflect a concerted effort to advance key energy initiatives in alignment with industry objectives and investment strategies.

Among the most significant discoveries in the Orange Basin is TotalEnergies’ Venus field, which has been described as a giant for the country’s upstream sector.

The Venus-1X well, drilled in 2022, confirmed a substantial light oil reservoir, with further appraisal wells reinforcing the basin’s high potential. Given its scale, the Venus discovery is expected to attract significant development investments and could lead to Namibia’s emergence as a major oil-producing nation. The project’s development design will encompass an FPSO with a production capacity of 160,000 barrels of oil per day (bopd) and 500m cubic feet per day (MMcfp/d). The outcome of the Venus field’s appraisal and commercial viability will play a pivotal role in shaping Namibia’s future as an oil-producing jurisdiction. Another relevant player is Galp and its Mopane discovery, which has garnered significant attention due to its rapid pace of development. Following a series of successful E&A operations, the FID for full-field development may be imminent. Recent discoveries at Mopane-2A, including gas-condensate in AVO-3 and light oil in AVO-4, have prompted the company to proceed with Mopane-3X, which targets two additional prospects. The results of this drilling campaign are eagerly awaited, as it could have significant implications for the basin’s overall hydrocarbon potential. Furthermore, the international oil and gas community is closely monitoring the anticipated farm-out agreement, which is expected to materialise by Q4 2025/Q1 2026, according to the company. Among the companies expressing interest, Brazil’s state-owned oil company Petrobras has publicly declared its intention to enter the Namibian market as an operator. This move aligns with Petrobras’ broader strategic plan to expand its footprint in Africa, reflecting the growing international recognition of Namibia’s energy potential.

Despite the country’s recent success and impressive results, it has recently seen a potential development obstacle. Reports indicate that Shell’s discoveries – Jonker, for example – are currently not financially viable for development. However, the energy giant has reaffirmed its commitment to Namibia, stating that it will not exit the country and plans to conduct further studies to enable future exploration. While Shell remains dedicated to advancing its discoveries, it has applied for a US$400m write-off, marking the first significant setback in Namibia’s oil and gas ambitions.

As exploration and development efforts continue to progress, Namibia’s role in the global oil and gas industry is set to strengthen, presenting both opportunities and challenges for investors, policymakers and stakeholders. The coming years will be crucial in determining the country’s long-term success as a major hydrocarbon producer.

Guilherme Martins

Energy

Analyst

(Oil & Gas) – Europe & Africa

guilherme.martins@the-eic.com

Inside this issue...

In this edition of Inside Energy, readers can find pieces on Namibia’s current upstream oil and gas sector landscape, ethernet’s role in a successful energy efficiency environment, Superheat’s approach to heat treatment and more.

Guilherme Martins, energy analyst for the oil and gas markets in Europe and Africa at the EIC, is responsible for this month’s sector analysis. In his article, Guilherme delves into Namibia’s recent rise as one of Africa’s most prominent oil and gas players. The country is recognised for having supportive governmental policies, an investment-friendly environment, as well as a strong presence from global operators such as Shell, TotalEnergies and Galp.

In member’s news, we welcome Jörg Scheer, managing director at HARTING, who has provided an article on the key role that industrial ethernet networks represent in energy transition. He says that the expansion of data networks is crucial to the establishment of efficient and intelligent energy infrastructure, enabling ethernet to connect energy sources to the grid.

In spotlight on technology, Superheat showcases its unique approach to the challenges presented by the energy industry when it comes to heat treatment. The company intends to overcome traditional equipment rentals and turnkey services that are often associated with inefficiencies, quality and cost issues.

We don’t stop there: once again, the EIC teams in Europe, the MENA region, Asia Pacific and the Americas complete the publication with regional comments for office notices and local market updates. News from members is included and readers will be able to keep up with the latest international industry news.

DataStream

BRAZIL

Minuano do Ibirocai Wind Farm

Operator: Norwind Value: US$1.19bn

Norwind is negotiating with potential partners and expects the environmental license for the 1GW project to be issued between June and August. The planned investment for the facility, which includes over 200 wind turbines, is R$7bn (US$1.19bn).

For information on these and more than 16,000 other current and future projects we are tracking please visit EICDataStream

NORWAY

Hafslund’s Energy from Waste Plant - CCS Facility

Operator: Hafslund Value: US$300m

SLB Capturi, a joint venture between SLB and Aker Carbon Capture, has been awarded the EPCIC contract for the project. The agreement includes the provision of a carbon capture plant, a liquefaction system, temporary storage and a loading facility at the waste incineration site.

Global opportunities

INDONESIA Hidayah Oil Field

Operator: Petronas Value: US$900m

The field development will be divided into two phases. Phase 1 will comprise six production wells, one wellhead and central processing platform (WHCPP) and one FSO. Petronas reached a final investment decision on the project in January.

MOROCCO Morocco Green Hydrogen and Ammonia Plant

Operator: H2 Global Energy Value: US$1bn

The initial studies for a green hydrogen and ammonia project have been completed. H2 Global Energy is now focused on finalising project financing and engineering design and has held meetings with Moroccan governmental bodies.

UAE Ruwais Industrial Chemicals Zone

Operator: TA’ZIZ Value: US$2bn

Samsung E&A has been awarded an EPC contract valued at US$1.7bn. The contract involves constructing a methanol plant with an annual production capacity of 1.8m tons within TA’ZIZ chemicals which is being developed in the Ruwais Industrial Complex, UAE.

US Gem Energy Storage Center

Operator: Hydrostor Value: US$975m

Construction of a 500MW/4GWh advance compressed air energy storage facility in Kern County, California. Hydrostor has secured a conditional commitment for a US$1.76bn loan guarantee from the US Department of Energy (DOE) for the project. Permitting is underway, with construction expected to begin in 2025.

THE VOICE OF THE ENERGY SUPPLY CHAIN

DataStream

Are you up to date on the latest project developments in the energy market? The EIC’s leading market intelligence database – EICDataStream – contains information on energy projects and associated contracting activity from the inception stage all the way through to construction and commissioning.

• Access details on over 14,000 CAPEX projects across all energy sectors

• Identify business opportunities and inform your business development strategies

• Explore a truly global database, updated daily by an international team of analysts

• Stay up to date with project developments, including information on tenders and awards

• Get insights into what your existing clients are doing and identify potential new clients

• Have a direct interface with analysts for local knowledge and insights

• Access insight and country reports with in-depth data on specific sectors and markets

SupplyMap

EICSupplyMap maps the capabilities of supply chain companies that operate across all energy industries. These industries cover renewables, oil and gas, power, nuclear and energy transition technologies like energy storage, carbon capture and hydrogen.

• Identify the supply chain local to your region, giving you the opportunity to engage with potential new clients.

• Find the supply chain capability in eight regions, now covering the UK, Germany, UAE, Saudi Arabia, Malaysia, Singapore, US (Texas/Louisiana) and Brazil.

• An in-depth look at profiles of more than 8,800 energy sector supply chain companies.

• Make smarter decisions by targeting your offering to international developers/operators and contractors matching your capability with international energy projects.

RIO

KUALA LUMPUR

Ethernet is a key success factor in the transition to energy efficiency

Industrial ethernet networks are of crucial significance in the energy transition. Only by expanding data networks to every energy consumer will efficient and intelligent energy infrastructures be enabled. Ethernet, as a reliable and widely used technology for data transmission, plays a key role in integrating energy sources and consumers into the power grid.

The energy transition is shifting use away from fossil fuels towards renewable energies. This will lead to a change in energy sources and an increasing decentralisation of energy generation. Wind farms, solar power plants and other renewable sources are being built where they are most efficient, as is the production of alternative energy sources such as hydrogen. This is where networking enters the picture. Ethernet enables efficient communication and control between decentralised energy systems and the power grid.

Networking allows renewable energy sources to be interconnected so they can share surplus energy and compensate for high levels of demand. This significantly improves the overall efficiency and reliability of the electricity grid.

In addition, communication via ethernet enables real-time monitoring and control of energy generation, allowing for adaptation to current demand.

Ethernet also promotes the development of smart grids. By implementing intelligent technologies and communication systems, consumers will be able to manage their energy consumption more efficiently. This allows for improved integration of electric vehicles, home storage systems and other energy-efficient technologies.

Networking is also crucial for the success of energy management systems in industrial companies. Ethernetbased solutions enable the comprehensive monitoring and analysis of energy consumption in real time, which in turn leads to better energy efficiency and lower costs. By intelligently analysing data over longer periods of time, algorithms can predict demand within a certain framework.

By implementing intelligent technologies and smart grids, HARTING will create sustainable and efficient energy infrastructures that are essential for a successful energy transition.

Spotlight on technology

The oil, gas, energy and chemical industries rely heavily on induction heating for precise and efficient heat treatment. However, traditional equipment rentals or turnkey services often lead to inefficiencies, quality issues and increased costs. Superheat is addressing these challenges with a smarter and more supportive approach.

Understanding induction heat treatment

Induction heating uses an alternating magnetic field to generate heat through eddy currents and resistance Joule heating. This method offers several key advantages:

• Rapid heating reduces time to temperature, improving project efficiency.

• Temperature uniformity ensures even heat distribution.

• Enhanced safety eliminates the need for open flames or hot flexible ceramic pads, reducing onsite risks.

Overcoming common rental equipment challenges

Lack of support and guidance

Many induction rental services provide equipment such as the Miller ProHeat™ 35 with little instruction, leaving users to figure out complex setups on their own.

Superheat SmartLink™ improves this experience by offering:

• A library of tutorial videos for setup and best practices.

• Real-time technical support for troubleshooting.

• Onsite assistance from experienced service technicians.

Inefficient wrapping techniques

Improper wrapping can lead to failed heat cycles and costly delays. SmartLink provides:

• A drawing library with proven wrapping configurations.

• Custom solutions tailored to unique project needs.

Outdated recording systems

Traditional heat treatment recorders are often challenging to use and prone to errors. SmartLink modernises this process with:

• A digital, user-friendly interface for simplified operation.

• Streamlined workflows for efficient data management & export.

• Training resources to ensure confident system navigation.

Performing smarter heat treatment with Superheat

Superheat offers flexible solutions:

• Rental package options for companies managing their own operations with expert support.

• The SmartWay full-service solution provides equipment, personnel and expertise.

By addressing industry challenges, Superheat redefines induction equipment rentals, improving efficiency, quality and safety.

To learn more, visit the Superheat website at www.superheat.com or call +44 (0)1462 888 003

New EIC members

NEW PRIMARY MEMBER

Alpha SC Serviços Ltda

Rua Monsenhor Dutra, No 665

Chacara Primavera 1

Pouso Alegre/MG

Brazil

Contact

Gabriel Rosa, Managing Director

Telephone +55 (22) 99702 0202

gabriel@alphasubsea.com

Web

www.alphasubsea.com

Alpha Subsea specialises in subsea asset integrity inspection, ensuring precision, reliability and regulatory compliance. Using advanced ROVs and a highly skilled team, the company conducts detailed inspections on FPSOs, fixed platforms and offshore structures, guaranteeing operational safety and asset longevity.

Alpha Subsea’s commitment to national technology development drives it to create innovative and sustainable solutions for subsea challenges. The company values excellence, safety and progress, transforming client needs into tangible results. Operating nationally and internationally, Alpha Subsea is a reference in offshore inspection, setting new standards for performance and reliability in the industry.

NEW GLOBAL MEMBER

Bodycote

Springwood Court

Springwood Close

Tytherington Business Park

Macclesfield

Cheshire SK10 2XF

Contact

Salima Kaissoun, Strategic Marketing Manager

salima.kaissoun@bodycote.com

Web

www.bodycote.com

Bodycote is one of the world’s leading providers of precision heat treatment and specialist thermal processing services, including hot isostatic pressing, specialist stainless steel processes and surface technologies. These advanced solutions enhance performance, durability and sustainability, ensuring that critical components meet the highest industry standards.

With a global network of 150+ facilities across Europe, North America and Asia, Bodycote supports the aerospace, automotive, energy and industrial sectors, helping customers improve material efficiency, reduce costs and lower their carbon footprint. As a trusted partner of leading manufacturers, Bodycote drives reliability, innovation and excellence in every process.

NEW PRIMARY MEMBER

Cable Solutions Worldwide Ltd

Burghmuir Circle

Blackhall Industrial Estate, Inverurie Aberdeenshire AB51 4FS

Contact Scott Grant, General Manager

Telephone +44 (0)1467 633 790

Email scott.grant@1st4cables.com

Web

www.cable-solutions-worldwide.com

Established in 2003, Cable Solutions Worldwide Ltd has built a strong reputation as a reliable and trusted global supplier of premium quality offshore and marine rated power, control, instrumentation, data and fibre cables as well as top drive service loops.

With a dedicated stock portfolio, ensuring quick turnarounds, the company continues to support the global energy industry. It also designs, manufactures and tests bespoke electrical, optical and hybrid composite subsea cables, including tethers and underwater umbilicals for unique and challenging onshore and offshore applications.

NEW PRIMARY MEMBER

Deep Water Automacao E Servicios de Petroleo LTDA

Rua Abulio Fernandes Bandeira 280 Macae Brazil

Contact Bruno Mendonca, Manager

Telephone +21 3553 4078

Email oco@dw-aut.com

Web www.dw-aut.com www.lestine-group.com

Deep Water Automacao is a subsea engineering and services company.

NEW PRIMARY MEMBER

Dixon Group Europe Ltd

350 Walton Summit Centre

Preston Lancashire PR5 8AS UK

Contact Gill Platt, Marketing Co-ordinator

Telephone +44 (0)1772 323 529

gill.platt@dixoneurope.co.uk

Web

https://europe.dixonvalve.com/

The Dixon Group stands out as a leading innovator and supplier of hose, valve and coupling solutions worldwide. Since 1916, Dixon has been delivering high-quality material transfer products to various industries such as energy, petrochemical and civil engineering.

With global inventory and manufacturing facilities, internal engineering and design capabilities and strict quality criteria, Dixon is dedicated to providing customers with ‘the right connection’.

The company offers technical support, training and problemsolving consultancy to ensure that customised hose assemblies and couplings meet the required specifications, offering innovative solutions to address a wide array of material transfer challenges.

NEW PRIMARY MEMBER Fifth Ring

St Mary’s Court 47-49 Huntly Street Aberdeen AB10 1TH UK

Contact Ian Ord, CEO

Telephone +44 (0)1224 626 288

Email ian@fifthring.com

Web www.fifthring.com

Fifth Ring is a B2B marketing agency with deep and wide energy expertise. For over 30 years, it has helped major operators and service companies navigate the complexities of the market with precision.

The company’s deep industry knowledge has enabled it to create some of the most impactful brands in the industry today, while its insight-driven demand campaigns drive real business outcomes.

With offices in Europe, Asia and America, Fifth Ring delivers scalable, consistent results worldwide. Whether guiding clients through transition or repositioning for new markets, Fifth Ring provides the expertise and agility needed for companies to own the space in the ever-evolving energy landscape.

Wednesday 21 May 2025

NEW PRIMARY MEMBER

Gall Thomson Environmental Ltd

Technology Centre

Suffling Road

Great Yarmouth

Norfolk NR30 3QP UK

Contact

Rogério Aguilera, Regional Sales Manager – Americas

Telephone +44 (0)1493 857 936

Email sales@gall-thomson.co.uk

Web www.gallthomson.com

Gall Thomson Marine Breakaway Couplings (MBCs) minimises risk of offshore spills during hose transfer of media including crude oil in emergencies such as pressure surge and tanker breakout.

Gall Thomson Field-Verified MBCs offer nearly 50 years of reliable protection of operations, people and the environment. Solutions include the PetalC MBC designed for reel or SPM applications and the PTX system enabling remote procedural deck control when evading impending incidents or managing emergency situations.

NEW PRIMARY MEMBER

JBP

Units 3 & 4 Camiestone Road

Thainstone Industrial Park

Inverurie, Aberdeenshire AB51 5GT UK

Contact

Mark Anderson, Sales Director

Telephone +44 (0)1224 714 514

manderson@jbpipeline.co.uk

Web

www.jbpipeline.co.uk

For almost 50 years JBP has been a leading supplier of pipe, fittings, flanges, structural steel, GRP composites structural products, valves and associated piping related products to domestic and international territories.

Since 2012, JBP has been a part of the Bianco Group, made up of over 20 international companies.

With the support of the wider group, a stockholding of over 8,000 line items and a sales team of product specialists across its full range, JBP is well placed to assist you with diverse packages of products having supplied goods to over 50 countries worldwide.

NEW RENEWABLES MEMBER

MGH Offshore Ltd

Swallow House

Parsons Road

Washington Tyne & Wear

Contact

David Wilson, Development Director

Telephone +44 (0)191 486 2494

Email david.wilson@mghoffshore.com

Web www.mghoffshore.com

MGH Offshore Ltd is a specialist electrical engineering company providing services to the global energy sector. Covering the following areas: planning; engineering; procurement; construction; testing and commissioning; operations and maintenance; fire and gas systems; substation management; battery energy storage systems; wind turbines.

MGH Offshore Ltd provides: LV/MV/HV electrical installation, testing and commissioning, operations and maintenance; fire system design, installation, commissioning, operations and maintenance (NFPA registered); substation management to include hook up and commissioning; HSE services; wind turbine (offshore and onshore) repair and maintenance; project planning,

TUESDAY

NEW PRIMARY MEMBER

National Tube Stockholders Limited

Dalton Industrial Estate Dalton, Thirsk North Yorkshire YO7 3HE UK

Contact

Jeremy Slater, Project Sales Manager

Telephone +44 (0)1845 577 440

Email jslater@nationaltube.co.uk

Web www.nationaltube.co.uk

Operating for 40 years from a 48,000 sq m site in North Yorkshire, NTS has in excess of 8,000 tonnes of linepipe products in stock.

As part of the family owned Bianco Group the company has well established relationships with some of the world’s leading pipe and tube manufacturers.

Its extensive and evolving stock range is supported by a highly experienced sales team who are dedicated to providing an exceptional level of customer service.

With numerous UK net zero target driven projects in the pipeline for CCS, hydrogen and nuclear, NTS is strongly positioned to support this transition with a comprehensive project management service.

NTS is proud to be certified to ISO 9001, ISO 45001 and ISO 14001.

NEW PRIMARY MEMBER

Profile Middle East – WLL

Shining Towers

Tower 1, Unit 2603 Al Khalidiya Abu Dhabi

Contact Fabio Bubani, Chief Commercial Officer

UAE +44 (0)1224 714 514 Italy +39 02 8717 7116

Email f.bubani@profileme.ae

Web

www.profileme.ae

Profile Middle East Group is a globally recognised consultancy service provider founded in Abu Dhabi (UAE) in 1999, with branches in Italy, Switzerland, Romania and Egypt.

In 2014, Profile Middle East founded Technometer Middle East, a firm specialising in land survey, aerial services and photogrammetry, equipped with the latest technological instruments.

The group offers a comprehensive array of integrated services, including engineering, QA/QC inspection, commissioning, project management consultancy (PMC), plant operation and management, technical inspection and surveys, topographic and underground surveys, asset integrity surveys and construction services, with expertise in the oil and gas, infrastructure, chemical, energy and railway sectors.

NEW PRIMARY MEMBER

PT Bank Mandiri (Persero) Tbk

Jenderal Gatot Subroto

Street Kav 36-38 Jakarta 12190

Indonesia

Contact Febrina Nurul Arini, Assistant Vice President

Commercial Banking

Telephone +62 (21) 5299 7777

Email febrina.arini@bankmandiri.co.id

Web www.bankmandiri.co.id

In 2025 Bank Mandiri continues to strengthen its position as a leading financial institution by accelerating growth across all potential sectors.

To navigate market dynamics and intensifying competition, the bank has outlined four key strategic focuses: expanding wholesale and retail segments, optimising digital platforms to enhance transactional CASA and customer engagement and strengthening synergy with subsidiaries through cross-selling and streamlined business processes.

These initiatives are designed to drive sustainable growth, ensuring resilience, innovation and long-term value creation for stakeholders while reinforcing Bank Mandiri’s position as a leading financial institution today and in the future.

Member news

ABB opens Technology Hub showcasing power distribution and automation solutions

ABB Electrification has opened a new Smart Buildings & Smart Power Technology Hub to showcase power distribution and building automation solutions for data centres and both commercial and residential buildings.

The new Hub is situated within ABB Electrification’s London office and was officially unveiled at an opening event last year. Alongside the opportunity to network with the ABB Electrification senior technical team, the event provided guests the opportunity to discover more about ABB’s smart power distribution, energy management and building automation solutions via hands-on demonstrations.

Our new Technology Hub enhances how we engage with customers and partners. It enables closer collaboration to develop tailored solutions, while showcasing the full potential of ABB’s Smart Building and Smart Power technologies in a dynamic, live setting.

David Lowen, Commercial Director, ABB Electrification

The Technical Hub’s equipment being fully operational allows ABB to demonstrate the mechanisms behind load shedding and changeover events as they happen and visitors and trainees can get a glimpse of ABB’s advanced energy management capabilities.

New Sales and Marketing Director appointed at Airpac Rentals HQ

Airpac Rentals has welcomed Martin Thomson to its senior leadership team. Martin has joined in the new role of Sales and Marketing Director based in its head office in Kintore, Aberdeenshire.

Martin has over 30 years of extensive experience in commercial-led leadership, corporate strategy and business development within the energy sector.

He will lead Airpac Rentals’ sales function and play a pivotal role in driving business growth.

His strategic vision and extensive expertise in executing successful business strategies will play a crucial role as the company seeks to expand into new markets, introduce additional services and pursue strategic acquisitions to drive growth across the broader energy sector and the renewable energy industry. i

Airpac Rentals’ new Sales and Marketing Director Martin Thomson

Alleima launches high-temperature alloy for industries like aerospace and automotive

Alleima has announced Alleima® TD, an innovative solution for the heat treatment industry where there is a need for reliable high temperature materials. The product ensures consistent performance for mineral insulated cable (MIC), measurements and heating cables, even at extreme temperatures up to 1250°C.

Industries which focus on production of automotives, aluminium, gas turbines and aerospace engines, are known for harsh environments that put high demand on surrounding materials in production. Alleima® TD is a response to the increasing demand from these kind of industries as they need new products with high precision, reliability and safety requirements for temperature, control and measurement engineering.

AIS strengthens position in Brazil’s subsea insulation market

Building on the success of significant SURF insulation projects in Brazil over the last three years, AIS has announced another substantial contract award for the Mero 4 oil field.

Located approximately 200km off the coast of Rio de Janeiro, AIS’ scope of work includes the provision of ContraTherm® C25 insulation for production PLET as well as production and water alternating gas jumpers. This marks the fifth award for these types of structures in the region.

Leveraging a proven track record and the reliable performance of ContraTherm® C25 insulation,

With over 160 years of Swedish steelmaking heritage, Alleima, a leading manufacturer of high valueadded products in advanced stainless steels and special alloys, can now provide a high-temperature alloy with excellent corrosion resistance and strength for advanced MIC protection. Alleima® TD ensures consistent performance in elevated temperatures minimising corrosion and contamination of the cable insulation.

Alleima has had control over the entire production process, from research and development to bar production, extrusion and cold pilgering, which ensures that the quality of Alleima® TD meets the highest standards.

Rickard Nikander, Senior Product Manager,

Alleima

With over 900 advanced steels and alloys, Alleima helps reduce carbon footprint and energy consumption while increasing efficiency. The company’s production processes use 80% recycled steel and 96% fossilfree energy worldwide.

this achievement underscores AIS’ commitment to delivering solutions for the demanding offshore environment.

ContraTherm® C25 provides flow assurance for complex subsea equipment even in high pressure and high temperature environments. A trusted solution, C25 has been in service for over 12 years and is suitable for operating temperatures of up to 150°C and water depths of 3,000m.

Special recognition should go to the AIS operations teams in the UK and Brazil for their continued excellence in delivering this project for Brazil’s subsea insulation market. These teams were instrumental in securing this latest success.

Alleima is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, it develops products for the most demanding applications and industries. Alleima’s offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks and hydrogen production. The company’s fully integrated value chain, from R&D to endproduct, ensures industry-leading technology, quality, sustainability and circularity.

i For more information: www.alleima.com

Amarinth enhances ADNOC Gas operations with remote bearing temperature monitoring and flush system

Amarinth, a world-leading, net zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment, primarily for the offshore and onshore oil and gas industries; nuclear and renewable energy generation; defence; desalination; process and industrial markets, has successfully delivered a pump modification project for ADNOC Gas, a major integrated gas processing company based in Abu Dhabi, UAE.

ADNOC Gas, a subsidiary of ADNOC, manages over 3,000km of pipeline networks and 26 processing trains. The company supplies around 60% of the UAE’s natural gas requirements and serves customers in over 20 countries.

The project involved upgrading four API 610 VS4 vertical pumps with remote bearing temperature monitoring and flush systems. These pumps, originally supplied to ADNOC Gas by Amarinth over a decade ago, have been operating reliably. However, recent changes to process conditions introduced a heavier particulate loading in the fluid, which posed a challenge to the line shaft bearings.

Amarinth’s innovative solution addressed the risk of clogging and lubrication starvation of the bearings that can lead to overheating and pump failure. The modification integrated advanced resistance temperature detectors (RTDs) to monitor bearing temperatures in real time. To endure the highly corrosive effects of hydrogen sulphide (H₂S) in the process fluid, the probes were encased in a stainless-steel sheathing.

The real time data from these temperature probes is transmitted through a complex array, emerging through the pump’s baseplate, to a centralised dashboard, enabling engineers to monitor operations remotely.

If bearing temperatures exceed a critical threshold, the system automatically shuts down the pump and initiates a flushing process, preventing damage and minimising downtime.

Amarinth successfully designed and tested the refurbished pumps in just 20 weeks, demonstrating its agility in delivering innovative solutions. To further support ADNOC Gas, Amarinth also offered an optional installation service. ADNOC Gas has since launched these upgraded pumps as a pilot project, assessing the feasibility of implementing this modification across its fleet of VS4 pumps at multiple sites.

Beyond this project, Amarinth provides its specialised expertise in modifying VS4 vertical pumps for bearing temperature monitoring and flush systems not only for its own pumps but also for non-Amarinth VS4 pumps. These enhancements can improve functionality, boost reliability and extend the operational lifespan of all VS4 vertical pumps within an organisation’s infrastructure.

Amarinth is a carbon net zero organisation delivering world-leading expertise in the design, application and manufacture of centrifugal pumps and associated equipment for critical applications in many of the most arduous and hostile environments around the globe.

The company’s innovative approach, business agility and use of sophisticated computer applications enables it to deliver robust, reliable and sustainable pumping solutions on the shortest of lead times.

ASCO awarded contract with Aker BP in Norway

ASCO has been awarded a fiveyear contract until 2030 for base and logistics services for Aker BP in Tananger, Sandnessjøen and Farsund in Norway. The agreement also includes continued services in warehouse management, load carriers, waste services and personnel leasing for logistics and helicopter co-ordination.

We look forward to further developing as a company and continuing our proud partnership with Aker BP. This contract strengthens our existing activities in Norway and lays the foundation for further developing the excellent collaboration with Aker BP. We will also continue to simplify, streamline and digitalise all aspects of its services.

Øyvind Salte, Commercial Director, ASCO Norge AS

The potential total value of the agreement is £70m (NOK1bn) over the contract period.

ASCO is a leading materials management and logistics company for the global energy industry. Headquartered in Aberdeen, UK, ASCO operates from over 60 locations worldwide and employs 1,500 people.

Amarinth engineer testing an external flush panel

Atlas Copco portable X-Air+ 750-25 compressor: redefining drilling efficiency

Launched in early 2024, Atlas Copco’s compact, powerful DrillAir compressor, the X-Air+ 750-25, is a game-changer in medium-depth drilling applications. With a powerful flow of 750 cubic feet per minute (CFM) and a maximum pressure of 25 bar, this portable compressor sets a new benchmark for efficiency, delivering over 10% more than its predecessor. At under 3,500kg, the X-Air+ 750-25 eliminates the need for heavy-duty trailers or low loaders, making it a cost-effective solution. It is the ideal solution for industries such as water well drilling, ground engineering, geothermal drilling and foundation work.

Imagine a portable air compressor compact enough to fit on a standard trailer yet robust enough to power through the toughest geothermal drilling projects. That’s the X-Air+ 750-25.

This announcement is a significant step towards UK decarbonisation. We’re working with Net Zero Teesside Power and the Northern Endurance Partnership, their partners and the supply chain to deliver a worldclass CO2 gathering network, utilising our first-class capabilities in consultancy, engineering and construction. These projects will revitalise the local economy, creating jobs, developing skills and improving people’s lives across the Teesside region.

Sam White, Managing Director, Costain

Costain: green light for landmark CCS projects

Costain, the infrastructure solutions company, has received confirmation to proceed to the execution phase for two landmark East Coast Cluster projects on Teesside.

Costain’s delivery partner role will see it deliver and manage the engineering, procurement and construction (EPCm) of the Northern Endurance Partnership’s (NEP) onshore CO2 gathering system on Teesside and associated utilities for Net Zero Teesside Power (NZT Power).

Costain is one of nine leading engineering, procurement and construction contractors selected by NZT Power and NEP to deliver the landmark scheme. The combined value of the NZT Power and NEP investment programme is around £4bn. i

Illustration © Atlas Copco Ltd

The X-Air+ 750-25, Atlas Copco’s latest innovation in its DrillAir family

DNV: ‘substantial green prize’ lies ahead for UK as it decarbonises economy

The UK’s energy transition will deliver a cleaner, more efficient and less expensive energy system, according to DNV’s 2025 UK Energy Transition Outlook (ETO) report.

The independent energy expert and assurance provider assessed the UK’s trajectory against key government targets: Clean Power 2030, 2035 Nationally Determined Contribution (NDC) and the net zero by 2050 goal. While the UK will fall short – missing net zero by 18% – DNV’s analysis shows substantial progress in decarbonisation. By 2050, emissions are projected to drop 82% from 1990 levels, amounting to remaining annual emissions of 145m tons of CO₂ equivalent (MtCO₂e).

The short-term Clean Power 2030 target sets an ambition to decarbonise the electricity system by decade’s end, but DNV forecasts that unabated gas will still generate 12% of UK electricity in 2030. Full decarbonisation is expected by 2035.

Renewables will see strong growth, with solar, onshore wind and offshore wind capacity nearly doubling to 90GW by 2030. However, this remains 45GW short of government targets to double onshore wind, triple solar and quadruple offshore wind.

Under the new NDC, the UK has committed to reducing economywide greenhouse gas emissions by 81% by 2035, compared to 1990 levels. DNV’s projections suggest it will reach only 68%, requiring steeper reductions to meet its pledge.

Decarbonisation is cost-effective: by 2050, household energy costs for consumers will drop nearly 40% from 2021 levels. Energy demand will shrink by 25%, even as electricity consumption more than doubles,

requiring 180GW of new generation capacity. This decoupling of energy demand and GDP highlights continual energy-efficiency improvements across the economy.

Low carbon sources are expected to surpass fossil fuels in the supply mix, with the latter falling from 75% of primary energy today to 34% by 2050. However, oil and gas will remain dominant across the next decade, with significant amounts still required to balance energy demand and ensure security of supply.

To address lagging emissions reductions, the UK must accelerate large-scale electrification in heating and transport, alongside scaling carbon capture and storage (CCS) and hydrogen infrastructure.

Without stronger incentives, electric vehicle adoption will lag, with close to 60% of passenger cars still running on fossil fuels by 2035.

Home heating presents another challenge: by 2050, more than half of homes will still use natural gas, with heat pump adoption limited by costs and insulation requirements. Without policy shifts to lower costs, gas will remain dominant for the foreseeable future.

DNV provides assurance to the entire energy value chain through its advisory, monitoring, verification and certification services.

As the world’s leading resource of independent energy experts, the assurance provider helps industries and governments to navigate the many complex, interrelated transitions taking place globally and regionally, in the energy industry. DNV is committed to realising the goals of the Paris Agreement, and supports customers to transition faster to a decarbonised energy system.

Download the report here: www.dnv.com/energy-transitionoutlook/uk/download/

ECITB: cross-skill pilot exemplifies just transition in action

The Engineering Construction Industry Training Board (ECITB), in partnership with the Global Wind Organisation (GWO) and the Offshore Renewable Energy (ORE) Catapult, is launching a new crossskilling programme to support worker transferability between oil and gas and wind operations and maintenance.

This pilot programme enables the twoway transition of qualified oil and gas technicians into onshore and offshore wind and then back again as and when maintenance activity is needed.

Current UK-installed wind capacity needs to double for both onshore and offshore wind if the UK government targets are to be met by 2030. But the Offshore Wind Industry Council’s labour forecasting suggests there is a shortfall of over 4,500 skilled operations and maintenance roles needed over the next five years.

Two cohorts will start on the pilot programme at North East Scotland College, Aberdeen (March) and Forth Valley College, Grangemouth (May).

Based on the Connected Competence model of assuring base technical competence of common skills, the fully funded six-week programme is suitable for both onshore and offshore wind operations. It will support existing instrument and controls, mechanical and electrical technicians and provide the requisite standard of technical training across the technician pathways to enable them to work on wind assets as wind turbine maintenance technicians (WTMT).

Supply chain organisations and wind farm developers can now register for the pilot programme. More information including how to register is in the WTMT Cross-Skill Programme leaflet.

www.dnv.com

Delivered through Forth Valley and North East Scotland Colleges and GWO/ECITB approved training provider, RelyOn Nutec, the programme will include site access to ORE Catapult’s Levenmouth demonstration turbine to contextualise the technical programme content.

The programme is being offered to both supply chain organisations and wind farm developers against a backdrop of safety incidents in the wind sector. Research carried out by Strathclyde University in 2024 found safety incidents on offshore wind assets are four times higher than those in oil and gas.

One of the biggest drivers behind Connected Competence is to help avoid workplace incidents and accidents by assuring a base level of ongoing technical competence for all workers to create a safer and more productive working environment for everyone.

The government announced, as part of its goal to make the UK a ‘clean energy superpower’, that it will not issue any new oil and gas licences for the North Sea. Since then it confirmed it will undertake consultation on the future of oil and gas licensing to support operations of existing fields.

It is vital we maintain the appropriate standards of technical skills and behavioural safety across the engineering construction sectors and the two-way transition of skilled workers between sectors will help improve safety, workforce mobility and the resilience of the industry.

Andrew Hockey, CEO, ECITB

Those existing fields will need workers to maintain and ultimately decommission North Sea assets while the offshore wind sector sees rapid growth.

There is a clear case to support the industry’s supply chain to cross-skill existing workers to service both the operations and maintenance of late-life oil and gas assets while also being deployed to wind and manage an integrated transition. For more information or to register interest in the programme please contact connected@ecitb.org.uk

Element leads critical testing infrastructure for global hydrogen economy

Element Materials Technology (Element), a global leader in testing, inspection and certification (TIC) services, is spearheading the validation of critical technologies needed for the global transition to hydrogen energy. As the world accelerates the development of new energy sources, hydrogen has emerged as a crucial solution for decarbonising hard-to-abate sectors including heavy industry, longdistance transport and energy storage.

The development and deployment of hydrogen technologies presents technical challenges in storage, handling and use, making specialised testing capabilities critical for widespread adoption. Element’s expanding network of state-of-theart facilities, supported by a US$10m global investment programme,

provides the essential infrastructure needed to validate these complex technologies with confidence. This investment comes at a crucial time as clean hydrogen is projected to account for up to 100% of total hydrogen demand by 2050.

The company’s strategic testing locations include facilities in Aberdeen UK, Hitchin UK, Kemble UK, Houston US, California US and Milan Italy. The Kemble laboratory, featuring dual gaseous and liquid hydrogen testing capability, can produce up to 15kg of liquid hydrogen daily (up to 40kg) and operates across temperatures from 18K to 800K in a fully ATEXcompliant environment. Across the group hydrogen testing can reach rocket scales up to 2000kg+. These facilities support the full technology lifecycle, from early architecture design through to qualification of complete systems.

Maintenance of a wind turbine

Ellis Patents supports York Minster’s sustainability goals

You might not immediately see the connection between Ellis Patents, an engineering company based in Rillington, North Yorkshire and York Minster, one of the world’s most iconic ecclesiastical landmarks. However, their paths have crossed numerous times over the years.

This began when Ellis chairman, Richard Shaw, became a trustee and later the chairman of the York Minster Fund. Naturally, Ellis has supported various campaigns since, including York Minster’s Christmas Tree Festival, where Ellis employees come together annually to decorate the Ellissponsored tree.

Another significant connection emerged recently when York Minster’s stonemasons and stained-glass conservators from York Glaziers Trust visited Ellis’s factory in Rillington. This knowledge exchange allowed both teams to share expertise. Ellis demonstrated its experience in 3D CAD, CNC machining, 3D printing, robotics, weather testing and database control, which contribute to its global success. In return, the Minster team showcased how they integrate 3D scanning and exoskeleton technology into their ancient craft.

Ellis engineers later visited the Heritage Quad at York Minster to see how sustainable practices and modern technology are being blended with ancient crafts offering insights into how the Minster was originally built. These interactions have enriched both organisations.

This long-standing relationship recently led to a collaboration on a project managed by Associated Clean Technologies (ACT), involving the installation of 184 solar panels on the South Quire roof as part of York Minster’s Neighbourhood Plan. The panels are expected to generate 70,000kWh of energy annually, meeting a third of the Minster’s electricity needs.

Ellis’s cable cleats were crucial for this project, securely containing electrical cables and protecting them from potential short circuits, thus ensuring the system’s safety and efficiency.

Alex McCallion, Director of Works and Precinct at York Minster, described the installation as a “major step forward in their decarbonisation journey.”

While this project may not be among some of the larger ones Ellis usually supplies, such as the London Power Tunnels LPT2 project, it is equally important. Supporting York Minster’s green initiatives align with Ellis’s environmental goals and highlight the versatility and reliability of Ellis’s products.

Ellis is proud to be part of this journey towards sustainability and looks forward to continuing its support for York Minster’s innovative projects.

Ellis Patents Ltd is a global leader in cable cleats and cable management solutions. Renowned for innovation and quality, Ellis’s products are trusted worldwide to ensure safe, efficient cable management in challenging environments.

Flexitallic and TT Gaskets join forces to drive innovation within the New Energy sector

Flexitallic, a global leader in sealing solutions, has announced a strategic collaboration with TT Gaskets to drive business growth in the New Energy sector across the Nordic and Baltic regions.

It brings together Flexitallic’s cuttingedge expertise in innovative sealing technologies and TT Gaskets’ robust manufacturing capabilities to deliver customised solutions for clean energy applications, including hydrogen, fuel cells, carbon capture, geothermal and wind technologies.

Flexitallic has already established itself as a leader within the New Energy sector, recently securing a long-term preferred supplier agreement with a prominent solid oxide fuel cell (SOFC) developer. It is also an active member of the Hydrogen Energy Association (HEA) and Fuel Cell and Hydrogen Energy Association (FCHEA).

York Minster and inset, Ellis engineers visit York Minster’s Heritage Quad, November 2024

Fugro metocean monitoring network safeguards Italy’s marine environment

Gathering real-time information is increasingly important to protect our coastal communities. Therefore, the Italian Institute for Environmental Protection and Research (ISPRA) has awarded Fugro a contract to deliver the offshore wave and current measurement network, rete ondametrica e correntometrica d’altura (ROCA)) for Italy’s marine and coastal ecosystems. The 2-year project will be executed with Italian partners Poliservizi Srl and Prisma Srl. The ROCA network will also include two seabed tsunami early-warning stations in the Sardinian Channel and the South Ionian Sea.

The contract is part of ISPRA’s Marine Ecosystem Restoration (MER) Project, a groundbreaking initiative under the National Recovery and Resilience Plan, that aims to restore the marine habitats, fortify the national system for observing marine and coastal ecosystems and comprehensively map coastal and marine habitats across Italian waters.

While Fugro’s Italian partners will manage most of the marine operations and service work, Fugro will design the buoys’ mooring systems and install and operate the ROCA network. This comprises the provision and installation of 11 SEAWATCH® Wavescan® buoys monitoring network, in water depths of 210m to 3000m throughout Italian waters.

Once installed, Fugro’s SEAWATCH® Wavescan® buoys will continuously measure and transmit real-time Geo-data on metocean parameters such as wave height and direction, current velocity profiles, air temperature and pressure and wind speed and direction. The buoys are equipped with a redundant twoway satellite communication system, enabling communication with the new data-receiving centre that Fugro will also set up for ISPRA.

Having implemented many similar real-time metocean monitoring systems for national authorities across the globe and over several decades, we’re looking forward to delivering another important monitoring project based on our world-leading Geo-data solutions to contribute to a safer and more liveable world for everyone.

Jørn Erik Norangshol, Regional Service Line Director, Fugro

Glacier Energy invests in innovative technology company Ilosta

Glacier Energy has invested in Ilosta, a leading provider of digital AI monitoring software, Crack MapTM The investment marks the beginning of a commercial agreement between Glacier Energy and Ilosta, enabling best-in-class data collection, analysis and reporting incorporating advanced 3D modelling.

Ilosta, headquartered in Glasgow, has developed Crack MapTM, a marketleading technology that uses a physics-based AI algorithm to improve the reliability and increase the lifespan of structures such as wind turbines.

Glacier Energy has been working with Ilosta for a number of years and is now offering Crack MapTM as part of its wind services offering.

Glacier Energy’s investment in Ilosta forms part of a funding round alongside existing investors, supporting the commercialisation of the software, the go-to-market strategy and the development of the software for additional applications. The development of the Crack MapTM technology will assist in meeting the market’s increasing demand for condition-based monitoring, especially as the wind market matures and assets begin to age.

HIMA Group: integration of Origo Solutions celebrates its 1st anniversary

One year ago, HIMA Group acquired the Norwegian technology company Origo Solutions. After twelve months of intensive collaboration, Origo Solutions and HIMA are drawing an extremely positive balance. The integration has already achieved considerable success: sales and employment figures are growing significantly, thanks to Origo’s strong positioning as a solutions provider in the broader energy industry.

Origo Solutions has been seamlessly integrated into the HIMA Group as the regional centre for Scandinavia. With a doubling of sales in the past two years and a 20% increase in the number of associates in the first year under the HIMA umbrella, the company has created a solid foundation for future success. Origo Solutions was also named one of Norway’s fastest-growing companies in 2024 by the Norwegian business newspaper Dagens Næringsliv (DN).

The acquisition of Origo Solutions strengthens the competitiveness of HIMA Group and creates synergies in the process industry and the energy sector, including oil and gas as well as renewables. Scandinavia and Norway in particular, plays a key role in the European energy industry,

with Norway being the largest oil and gas producer in Europe, covering a significant share of the gas demand of EU countries.

The innovative digital platform SCADA+ offers a wide range of applications beyond renewable energy. It opens new markets both in Scandinavia and worldwide, including industrial and digitalisation efforts. New projects in Sweden, Denmark and Norway, as well as the conclusion of a contract with Equinor, underline the importance of Origo for the HIMA Group’s growth strategy.

Milestones of the integration include customer focus, IT, team spirit, growth and the expanded solutions portfolio. For example, Norwegian customers visited the HIMA Customer Solutions Center in Germany and appreciated the opportunities offered by the global network.

Close collaboration between departments such as engineering, IT, sales and the innovation lab in the first year of integration has fostered best practices and knowledge transfer. HIMA’s end-to-end solutions, from initial study to project completion and support, ensure customers receive comprehensive support throughout the lifecycle of their projects.

Kent secures contract for detailed engineering of the UK’s first largescale low carbon hydrogen project

Kent has signed a significant contract with ENKA for the detailed engineering of the low-carbon hydrogen production plant (HPP1) at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire. The project is being developed for Essar Energy Transition (EET) Hydrogen, formerly known as Vertex Hydrogen Ltd.

This groundbreaking project is at the forefront of the UK’s energy and industrial decarbonisation strategy, with the UK government announcing in October 2024 that funding had been secured to support HPP1 as the country’s first large-scale low-carbon hydrogen production facility, forming the core of the HyNet Cluster. HPP1 will have a production capacity of 350MW and is expected to capture approximately 600,000 tonnes of CO2 annually – equivalent to removing around 250,000 cars from the road. With the award of this contract Kent reinforces its capability of delivering large and complex projects in the UK and Europe.

HPP1 represents a significant milestone in the UK’s hydrogen strategy, aligning with the targets of the UK hydrogen industry, the HyNet Cluster and EET Hydrogen to achieve 4GW of lowcarbon hydrogen production. Once operational, the hydrogen produced by HPP1 will be supplied to industrial businesses in the north west of England, helping to decarbonise operations, protect jobs and drive economic growth in the region.

Kent’s role in delivering the detailed engineering for HPP1 underscores its commitment to advancing low-carbon energy solutions and contributing to the UK’s net zero ambitions.

Left to right: Dr Michael Löbig, CFO HIMA Group; Bjørn-Tore Lenes, CEO Origo Solutions; Steffen Philipp, Shareholder HIMA Group; Glenn Nystøl, CFO, Origo Solutions and Jörg de la Motte, CEO HIMA Group

We are proud to partner with ENKA and EET in delivering the HPP1 project, the first of its size and type in the UK. This is such an important project in the UK’s transition to lowcarbon fuels, reducing emissions from heavy industrial users.

Usman Darr, Managing Director of Engineering & Consultancy UK, Kent

King & Spalding deepens energy and project finance bench with addition of partners in London

King & Spalding has announced that energy lawyers Dan Giemajner and Matt Hardwick have joined the firm’s Corporate practice group and its Energy industry team as partners in London.

Giemajner focuses on project finance, advising clients on the structuring, financing and delivery of international energy, infrastructure and natural resources projects. He has worked on numerous multi-billion-dollar pathfinder projects, including those involving renewable energy, hydrogen, sustainable aviation fuel, biomass, power, waste, mining and infrastructure. He has significant experience acting on cross-border financing in emerging markets.

Hardwick advises clients on the design, construction and operation of high-value and complex projects in the energy and infrastructure sectors, as well as the full range of commercial contracts underpinning them. He has extensive experience in structuring EPC and EPCM arrangements, as well as other multi-contract construction delivery solutions in the energy transition, mining, commodities and industrial and processing plant sectors.

His work spans Europe as well as emerging markets, including Africa and South America.

Nadia Cinti is also joining the firm’s London office as counsel. Cinti advises on complex energy, infrastructure and natural resources projects globally.

All three join the firm from Akin Gump.

For more information: www.kslaw.com

McDermott completes offshore project in Malaysia ahead of schedule

McDermott has successfully completed transportation, installation and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in the first quarter of 2024.

The project, executed by the company’s Kuala Lumpur (KL) based team, in water depths of approximately 1,400 metres, progressed on a fast-track schedule. It involved the replacement of an existing gas lift riser and the installation of a new dynamic riser section, flowline and two thermoplastic composite pipe jumpers. Rigorous safety protocols, readiness planning, robust engineering and procurement efforts ensured seamless vessel mobilisation and completion of the offshore scope of work in under eight months.

Kikeh is a producing field, located approximately 75 miles (120km) north west of Labuan Island, offshore Sabah, East Malaysia. It came on stream in 2009 as one of the largest deepwater developments in Malaysia, at the time. The work completed by McDermott includes upgrades essential to maintaining gas delivery to the subsea production system tied back to the Kikeh floating production storage and offloading vessel.

Completing the project ahead of schedule stands as testament to McDermott’s capabilities in delivering safe and efficient solutions for deepwater field development projects.

Mahesh Swaminathan, Senior Vice President, Subsea and Floating Facilities, McDermott

McDermott’s KL office serves as a strategic hub for the company’s Subsea and Floating Facilities business line. It is home to the company’s engineering centre of excellence with a growing workforce surpassing 1000 employees, all supporting offshore deepwater project execution in Malaysia and in other locations across the globe.

i For more information: www.mcdermott.com

NEUMAN & ESSER’s new low-carbon hydrogen generator plant opens in Belo

Horizonte

NEUMAN & ESSER, a global company of German origin with almost 200 years in the market, opened the expansion of its low-carbon hydrogen generator plant located in Belo Horizonte, Minas Gerais, recently. The event was attended by executives including the company’s CEO in Brazil, Marcelo Veneroso, the managing partners of the NEUMAN & ESSER group, Stefanie Peters and Alexander Peters and authorities such as the governor of Minas Gerais, Romeu Zema and the German ambassador to Brazil, Bettina Cadenbach.

With an investment of R$70m, the new unit consolidates the company’s position as a leader in solutions for the energy transition and reinforces its commitment to sustainability.

The new plant, four times larger than the current one, will occupy an area of 3,500 sq m and will have the capacity to produce up to 70MW/year of containerised hydrogen generators.

The expectation is to increase the production of electrolysers by up to seven times compared to current levels, in addition to expanding the packaging capacity of industrial gas compressors, such as H2 and CO2

NEUMAN & ESSER is a familyowned company headquartered in Übach-Palenberg, Germany.

Founded in 1830, it has more than 1,700 employees working in 31 engineering and service facilities, including factories and subsidiaries, distributed in 13 countries, in addition to Germany (with four production facilities) and one in the US. The company positions itself as a reliable industry partner, driving the energy transition and the circular economy through integrated solutions for the energy infrastructure of the future.

NRL: Sunderland team receives prestigious client award for quality and service

NRL’s Sunderland team is celebrating achieving an official award recognition, having been recognised by its client SES Engineering Services for the quality and service being delivered on a key regional construction project.

NRL partnered with SES to provide recruitment, a bespoke workforce solution, which included recruiting supplementary mechanical and electrical workers for the construction of AESC UK’s new 15.8GWh electric vehicle battery gigafactory in Sunderland. NRL’s team is based onsite and has become an integral part of the construction project team.

SES and parent company Wates Group recently held a contractor business briefing for the project, which included an awards dinner to recognise contributions and support across the supply chain. Attending on the night, NRL’s team was delighted to win the Quality and Service award for the mechanical, electrical and plumbing provision onsite.

Penspen reports US$120m worth of new contract awards in second half of 2024

Penspen, a leading international energy consultancy, has announced a positive finish to the fiscal year with US$120m awarded in new contracts during the second half of 2024, a 14% increase on the same period in 2023, taking total 2024 sales to over US$225m.

Penspen added several energy transition scopes to its European engineering and project management backlog in the second half of 2024, with awards from Latvian gas operator Conexus and Southern Gas Corridor operator Trans Adriatic Pipeline for the hydrogen repurposing and blending assessments. In the UK, the consultancy grew its asset management work, with a three-year award from GTC for installation and maintenance of pressure reduction equipment, meter installations and associated emergency response services building on a 14-year relationship.

With significant experience in aviation fuelling design and operations, Penspen also secured a contract with TotalEnergies in the UK, providing operations, maintenance and management services for the Colnbrook Rail Terminal and Colnbrook Pipeline which service Heathrow Airport.

The opening of NEUMAN & ESSER’s low-carbon hydrogen generator plant in Belo Horizonte, attended by the governor of Minas Gerais, Romeu Zema and the German ambassador to Brazil, Bettina Cadenbach

Additionally, Penspen increased its UK engineering footprint with the acquisition of Aberdeen-based C&I Engineering Solutions in October last year, significantly growing its controls and instrumentation offering for operators in both traditional and new energy.

In the eastern hemisphere, Penspen experienced significant growth in 2024, increasing headcount in its Middle East and Africa and Kingdom of Saudi Arabia regions by 12% and 33% respectively, in response to a diverse portfolio of projects. Contracts included the provision of engineering support for the Hail & Ghasha project, a world-first net zero gas development.

Penspen designs, maintains and optimises global energy infrastructure to improve access to secure and sustainable energy for millions of people across the Middle East, Africa, Europe, UK and US. Penspen has been providing engineering, project management, asset management and integrity services to the energy industry worldwide for more than 70 years and has now grown to employ more than 1,100 specialists, with offices in the UK, the United Arab Emirates, the Kingdom of Saudi Arabia, Latin America and the US.

Peterson Energy Logistics sponsors Tall Ships Aberdeen

Peterson Energy Logistics has been announced as an associate sponsor of The Tall Ships Race Aberdeen 2025.

Its Seabase location at Regent Quay is set to become a 7000-capacity venue hosting top acts on a festival stage, along with food outlets and bars from 18-22 July 2025.

The yard, more accustomed to accommodating cargo bound for offshore locations, will undergo an amazing transformation, with operations moving to Peterson’s other locations to accommodate the celebrations.

The recognition we have received for the technical excellence of our work has enabled us to secure contracts with important, strategic new clients. We head into 2025 with significant momentum and are excited about continuing our strong growth this year.

Peter O’Sullivan, CEO, Penspen

The concert programme will include three nights of ticketed events with major headline acts to be announced. Peterson Seabase will also play host to a free events programme, including renowned Scottish headliners on the Sunday night, and daytime, familyfriendly events, including performances by local artists, ship bands, traditional sea shanty groups and much more.

Peterson Energy Logistics is a worldleading, innovative and trusted energy logistics and supply chain solutions company, driven by a passion to lead the way in transforming how industry plans, manages and executes the movement of critical resources globally. i

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Roxtec targets growth in Irish energy sector with new appointment

Leading cable and pipe seal manufacturer Roxtec is further strengthening its presence in Ireland with the appointment of Bryan O’Loughlin as technical sales manager, energy and infrastructure.

This follows the appointment of Ian Gunn to a similar role last year. In this new position, Bryan will spearhead Roxtec’s growth strategy in Ireland across various industries, ranging from pharmaceutical to marine and offshore and wind and solar power.

Roxtec is also expanding in Ireland’s large-scale data centre market. Bryan’s role will involve managing client relationships, overseeing installations, ensuring testing and compliance in line with industry safety standards and contributing to Roxtec’s overarching mission to protect lives and assets.

Bryan, who is from County Clare, has a strong background in engineering and sales and a wealth of experience gained by working in a wide range of industries over the course of his 10-year career.

Roxtec’s cable and pipe seals can be found in a range of process industries, including mining and metals, onshore oil, gas and petrochemical, as well as pulp and paper plants. They are used to protect people and assets from multiple hazards including fire, flooding, the risk of explosion and electromagnetic disturbances.

Alfa Laval

to acquire NRG Marine (Sonihull)

Alfa Laval has signed an agreement to acquire NRG Marine, a leading provider of ultrasonic anti-fouling solutions for marine, oil and gas and industrial applications, headquartered in the UK. The move aligns with Alfa Laval’s strategy to provide its customers with environmentally friendly solutions contributing significantly towards improving operational efficiency, reducing costs and extending lifecycle of the asset. Closing of the acquisition is expected during Q2, 2025.

By incorporating NRG Marine’s cutting-edge ultrasonic technology into its portfolio, Alfa Laval aims to offer an innovative solution for antifouling with significant operational and environmental benefits for marine, oil and gas and other industrial markets.

We are excited to join forces with Alfa Laval through this acquisition to extend ultrasound technology for antifouling treatment to marine, oil and gas and other industrial sectors. This strategic move will increase our market reach and scalability, making our solution more accessible to customers.

Darren Rowlands, Founder and CEO, NRG Marine

NRG Marine’s proactive anti-fouling technology utilises ultrasonic microscopic bubbles that implode, creating agitation that disrupts the surface environment. This agitation passively cleans the surface, reducing fouling, scaling, sludge and deposits on critical components.

For marine vessels, fouling is not just important from a fuel savings and decarbonisation perspective. Biofouling, the accumulation of organisms on ship parts, increases the risk of spreading invasive species, leading to ecological and economic harm.

Anti-fouling systems are crucial for mitigating this issue, reducing the spread of invasive species and protecting marine ecosystems.

For the oil and gas sector, this technology helps prevent and clean the stationary surfaces to avoid biofouling. Being ATEXapproved, it complies with required safety standards that make it reliable and safe.

Ultrasonic anti-fouling technology emerges as a promising alternative to other methods, offering significant advantages across industries. Fitting the system improves the operational efficiency of the asset, reduces maintenance while lowering cleaning costs and extends the asset’s lifecycle. The system’s low cost compared to the value gained from reduced fouling and improved maintenance cycles offers attractive returns on investment.

For the marine industry, in addition to the above advantages, keeping equipment free of organic growth offers significant fuel savings, supports decarbonisation efforts and ensures compliance with environmental regulations.

The system can be installed on any ship type, whether newbuild or existing and requires no drydocking or through-hull fittings, minimising installation time and associated costs. Operating continuously, even when a vessel is stationary, this non-invasive method eliminates the need for harsh chemicals and frequent cleaning, offering a sustainable and costeffective solution to maintain vessel cleanliness and efficiency.

By adopting this advanced technology, shipowners can easily and costeffectively improve their vessels’ environmental ratings, aligning with International Maritime Organization (IMO) regulations. This solution significantly enhances vessel CII and other environmental metrics, providing a more sustainable alternative to other anti-fouling methods.

i For more information: https://sonihull.com/

Bryan O’Loughlin, Technical Sales Manager, Energy and Infrastructure

Spirit Energy’s Morecambe Gas Hub marks 40 years of powering the UK

Spirit Energy is marking 40 years of operations from its Morecambe Hub in the UK’s East Irish Sea, having produced more than 7tn cubic feet of gas – enough to meet the energy needs of more than 5m UK homes over the same period.

Comprising the North Morecambe, South Morecambe and Rhyl fields, the Morecambe Hub at its peak met around one fifth of the UK’s domestic gas demand and is expected to remain in production until the end of this decade.

Spirit Energy plans to repurpose the depleted fields to develop Morecambe Net Zero (MNZ), the UK’s largest permanent, safe and secure carbon store, capable of storing 1bn tons of CO2. The company could begin storing around 4m tonnes of CO2 in the fields every year from 2030 – about 25% of the government’s 2050 net zero emissions storage target. Through the company’s MNZ/Peak Cluster partnership, bringing together five of the UK’s leading cement and lime producers, the development would decarbonise 40% of UK cement and lime production.

The project would also provide an economic boost to the UK of approximately £1.8bn by 2050, creating and safeguarding more than 13,000 jobs across Derbyshire, Staffordshire and Cumbria and attracting a further £5bn of investment in construction and operations work.

Spirit Energy and the Peak Cluster partners have called for commercially mature CCS projects which are not part of the government’s current Track 1 and 2 process to be provided with a clear alternative route to market, to unlock private investment and ensure the UK can hit its net zero targets. This requires reliable carbon pricing on which CCS business models can be based.

A predictable and stable carbon price trajectory that ensures emitting carbon is more expensive than storing emissions will also bolster investor confidence in UK CCS projects and minimise the necessity for taxpayer support.

Today, gas from the Morecambe Hub is processed at Barrow Gas Terminal, near Barrow-in-Furness in Cumbria, before entry to the National Transmission System. Spirit Energy’s offshore facilities and onshore terminal also provide gathering and processing services for third parties.

i For more information: www.spirit-energy.com

STATS Group investment in new Saudi base consolidates growth in Middle East

STATS Group (STATS), a leading pipeline engineering specialist, has announced a significant expansion of its operations in the Kingdom of Saudi Arabia, marking a strategic milestone in the company’s global growth.

The company has opened a new 2,500 sq m base in Dammam in the country’s Eastern province and the newly created Saudi operating company STATS Limited Co for Oil Services has been awarded approved vendor status by one of the Kingdom’s leading energy operators.

With more than US$4m in assets and equipment assigned to Dammam, STATS is now the first Saudi-dedicated hot tap and double-block and bleed isolation specialist and holds the most extensive inventory of large-diameter pipeline isolation equipment in-country.

A significant investment in the new service hub included provision for offices, crane facilities, testing bays and equipment storage to the global STATS ISO standard – and hosts STATS’ patented Tecno Plug® and BISEP® double block isolation tools in sizes up to 56”, alongside hot tapping machines of various sizes up to 60” and inline weld testing equipment.

STATS is committed to building a predominately Saudi workforce and has already employed nationals in business development, technical and engineering roles.

i For more information: www.statsgroup.com

Joe Fraser, STATS Group Operations Manager ME, (left) discusses a 48” BISEP tool with a client

Barrow Gas Terminal

TÜV Rheinland:

new technologies, new regulation, new test methods

TÜV Rheinland hosted the Solar Energy Conference in Cologne recently. On the agenda: relevant developments in technology, regulation and test anomalies. PV modules have evolved rapidly in recent years: larger and cheaper models are becoming available, while new technologies such as perovskite cells are penetrating the market. At the same time, standards and associated tests have changed. For example, the revision of the two leading international standards for photovoltaic (PV) modules, IEC 61215:2021 and IEC 61730:2023, has resulted in a number of new or revised tests. These include bending tests, new degradation tests and mechanical stress tests. Manufacturers can use these tests to prove that their PV modules meet the current standards – and only then can they place their products on the EU market.

TÜV Rheinland has been involved in the development of solar technology for more than 40 years and employs 1000 experts worldwide to minimise technical and quality risks in solar power plants as well as in specialised test laboratories and competence centres. TÜV Rheinland’s experts conduct more than 50,000 tests a year in solar, storage and power electronics solutions worldwide. The experts develop new test methods, work on research and development projects and collaborate with standardisation committees. They provide global services for the feasibility, financing, quality assurance and warranty management of photovoltaic power plants and enable international market access through the testing and certification of photovoltaic modules, components, inverters, energy storage systems and solar thermal collectors.

Some solar modules pass the new series of tests straight away. What does give us cause for concern is the increased number of failed initial tests on modules that have just come out of production, before they have undergone any stress tests in the laboratory.

Eckart Janknecht, solar testing expert, TÜV Rheinland

TWMA’s regional impact recognised in prestigious awards

Offshore drilling waste management specialist, TWMA Middle East Limited (TWMA), has been announced as a finalist in the 2025 Oil & Gas Middle East Awards. Nominated for Sustainability Initiative of the Year – Upstream and Digital Enabler of the Year, this recognition exemplifies TWMA’s commitment to turning waste into value through innovation.

Testament to the regional impact of TWMA’s pioneering RotoMill and XLink Solutions, these nominations reinforce the company’s commitment to low carbon drilling. RotoMill is a world-first rig-based technology that uses a desorption process to separate drill cuttings and associated materials into their three constituent parts – oil, water and solids – for recycling and reuse.

Coupled with XLink, RotoMill gives operators full control of the drilling waste handling process from a rigbased control point in addition to providing a client portal with direct access to daily reporting, asset data and live-streamed KPIs that can be accessed anywhere in the world

Through automation, TWMA’s solutions mitigate the need for manual intervention and reduce personnel on board (PoB) by up to two operators per day, significantly lowering risk and cost while improving operational efficiency. TWMA processes over 70,000 metric tons of drill cuttings annually at well sites, reducing CO2 emissions by more than 14,000 metric tons. This is equivalent to removing 3,000 passenger vehicles from the road for one year.

Wood wins new maintenance contract with Esso Australia

John Wood Group Plc has been awarded a significant new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland Basin, Victoria, operated by Esso Australia.

Supporting safe energy production, Wood will provide maintenance services and shutdown support to optimise operational performance of the Gippsland Basin joint venture’s offshore assets in the Bass Strait and the Longford and Long Island Point facilities. The Bass Strait is the largest single source of natural gas for the domestic market in Australia and supplies approximately 40% of the country’s east coast demand.

Wood is a market leader in integrated operations and maintenance solutions with a growing portfolio in Australia as we bring our expertise to an expanding client base. We are proud to be Esso Australia’s maintenance partner in the Gippsland Basin, operating assets and facilities critical to the country’s energy security.

Ken Gilmartin, CEO, Wood

Wood won this contract through a competitive tender process and will see the company create around 250 jobs in the state of Victoria in early 2025. The agreement is a long-term contract that commenced in January 2025.

This latest win follows a recently awarded five-year contract renewal to continue delivering brownfield engineering, procurement and construction (EPC) solutions across the same Gippsland Basin assets.

i For more information: www.woodplc.com

Social media round up

We want to use every opportunity to connect with our members, so please follow us on LinkedIn –EIC (Energy Industries Council)

Below you’ll find a selection of some of the exciting EIC activities and useful industry information we’ve shared through our social media channels.

EIC (Energy Industries Council)

Returning to Aberdeen in June, the Energy Exports Conference (EEC) 2025 promises to be bigger and better than ever! Discover more and book your places: https://lnkd.in/duyjCvup

EIC (Energy Industries Council)

Energy Focus Spring 2025 is available today. This quarter’s theme is: Are we ready to rise? From chaos to clarity – building a world that works. Read this and more here: https://lnkd.in/dTdWr5VH

EIC (Energy Industries Council)

The EIC (Energy Industries Council) is excited to announce its latest EIC Insight Report: Wave & Tidal! Read the full report here: https://lnkd.in/eTBksbGh

Events calendar LIVE events

5 May Business Presentation

The Future of US Offshore Oil & Gas

Houston Marriott Medical Center

5-8 May Overseas Exhibition

Offshore Technology Conference (OTC)

Houston

7 May Regional Showcase Discover EIC

Cokebusters UK Ltd, The Armoury Building, Chester

8 May Sector Showcase

ETZ: Scotland’s Emerging Energy Mix

Marcliffe Hotel and Spa, Aberdeen

12 May Overseas Exhibition

Oman Petroleum & Energy Show

Muscat, Oman

May Corporate Entertainment EIC Networking Night at OPES

Crown Plaza OCEC, Muscat, Oman 13 May Industry Overview Offshore Wind for the Brazilian Market Rio de Janeiro 14 May Business Presentation EICDataStream/AssetMap training Online 14 May Corporate Entertainment

EIC Night with the Houston Dynamo Shell Energy Stadium, Houston

15 May Business Presentation

South America EICDataStream Online

Wednesday 21 May 2025 Radisson Blu Hotel Abu Dhabi

INTERNATIONAL TRADE

OFFSHORE TECHNOLOGY CONFERENCE (OTC) 2025

With the Offshore Technology Conference (OTC) 2025 just around the corner, the UK and EIC Pavilion is set to bring this year’s theme, Waves of Innovation: Offshore Energy Excellence, to life by showcasing cutting-edge advancements and industry expertise.

Taking place from 5-8 May in Houston, OTC is the go-to event for the supply chain to engage with key players and explore opportunities in one of the world’s most dynamic energy markets. The pavilion will host over 20 pioneering companies, presenting state-of-the-art solutions that drive value across projects and the wider supply chain.

Powered by data, purpose and a portfolio of annual events, the EIC is helping to keep the UK switched on to new, dynamic, energy-centric international opportunities. The UK and EIC Pavilion, managed by EIC, serves as a powerful platform for companies to engage with international stakeholders, highlight their expertise and grow strategic partnerships.

Located in Hall E of the exhibition centre, the UK and EIC Pavilion provides an unmatched setting for networking and business engagement.

Those participating can take advantage of a range of networking and business development opportunities, including:

• Pavilion tours introducing visitors to key exhibitors

• Branded stand design to draw visitors to the Group

• Tailored one-to-one-discussions between exhibitors and EPC contractors

• Country meetups

• Networking reception

• Private group lounge

These opportunities are further amplified by OTC’s long-standing role as the premier platform for industry insights, policy dialogue and technological innovation. With over 50 years of history, it continues to provide a crucial space for professionals to exchange knowledge, explore emerging trends and address challenges shaping the global energy mix while emphasising energy security, efficiency and sustainability.

The EIC is also excited to welcome OTC attendees to the Best of Great Britain Breakfast, a gathering of industry leaders and energy sector experts. This event offers attendees the opportunity to network, hear keynote speeches and engage in a panel discussion on the latest industry trends and challenges.

Whether you’re aiming to expand your network, gain strategic insights, or collaborate with leading UK suppliers, the pavilion offers the ideal destination to achieve your goals.

A limited number of exhibition spaces have become available and will be allocated on a first-come, first-served basis. If you’re interested in securing a presence at OTC, hearing about sponsorship opportunities, or taking part in our networking activities, get in touch with us today internationaltrade@the-eic.com

With thanks to our EIC Pavilion Partners: Balmoral, CRC Evans, Hi-Force, Hilti, SPP Pumps, Sterling Thermal Technology, Techfluid UK Ltd and Veolia.

Camilla

Tew Director, International Trade camilla.tew@the-eic.com

The UK and EIC Pavilion at OTC 2024

Global Events and Campaigns

ENERGY EXPORTS CONFERENCE

TUESDAY 3 JUNE – WEDNESDAY 4 JUNE 2025

P&J LIVE ABERDEEN

The Global Events and Campaigns team is busy bringing together the seventh edition of the Energy Exports Conference (EEC). Taking place on 3-4 June at P&J Live in Aberdeen, Scotland, the event offers a year’s worth of networking in just one week.

Here is a timeline of what you can expect at EEC 2025:

Delegates will be able to explore global energy opportunities and expand their networks through insightful conference sessions, an interactive exhibition and informal networking gatherings throughout the week. Jo Campbell, Director of Global Events and Campaigns jo.campbell@the-eic.com

ENERGY EXPORTS CONFERENCE

DAY ONE TUESDAY 3 JUNE 2025

CONFERENCE SESSIONS

Encompassing various energy sectors, including: hydrogen, carbon capture, oil and gas, wind, nuclear, decommissioning, SAF and investment.

EEC GALA DINNER

Concluding the first day of the conference and conveniently located onsite at P&J Live, the Gala Dinner promises informal networking and a rich immersion into Scottish culture, featuring a three-course meal of local cuisine, traditional drinks and live Scottish entertainment. Also featured on the night, the EIC will honour companies that have excelled in their export strategies with awards in two categories: Excellence in International Trade and Exporting Champion.

ENERGY EXPORTS CONFERENCE

DAY TWO WEDNESDAY 4 JUNE 2025

As part of this FREE TO ATTEND event, delegates can join: plenary sessions, industry panels, in-country opportunity sessions and a variety of contractor updates.

EEC GOLF DAY

THURSDAY 5 JUNE 2025

Another addition to the 2025 agenda is the EEC Golf Day, taking place at Newburgh-on-Ythan Golf Club, located along the scenic Aberdeenshire coast, less than 15 miles from Aberdeen. While enjoying a competitive 18-hole course, participants can connect with industry peers in an informal setting while also supporting Friends of ANCHOR, a charity dedicated to supporting individuals in North Scotland living with cancer or blood conditions.

Become a Sponsor

The conference and all additional networking events at EEC present sponsorship opportunities for companies aiming to elevate their brand. Various packages are available to suit different budgets, providing a platform to showcase your export capabilities and engage in key discussions with decision makers. Contact the team: EEC@the-eic.com

Become an Exhibitor

A selection of exhibition pods, shell scheme stands and space only options are still available. Get in touch with the team to secure your spot on the show floor and enjoy exclusive access to the Meet the Buyer zone. Find out more: EEC@the-eic.com

Jo Campbell

UK news

UK Regional Committees and North Sea Decarbonisation Conference

Over the past month, our newly formed UK regional committees gathered to discuss key areas of interest for their business. We also welcomed our new Chair of the committees in the Northern and Southern regions too.

At each meeting we discussed with members where they felt the top three priorities were for the future of the North Sea. If you are a new EIC member or are keen to join your local committee, please reach out to me or your membership manager to learn more.

Northern Committee

Southern Committee

The role of Vice Chair in both Northern and Southern committees is currently undergoing a vote in both regions. We’ll share details of those members elected to these positions in due course.

If you or a colleague would be interested in taking part in your local committee, please don’t hesitate to reach out to me or your membership manager.

North Sea Decarbonisation Conference

The Events team here in the UK is also looking forward to welcoming many of you to the fifth annual North Sea Decarbonisation Conference in London this month. If you’ve not yet booked your place, there is still time to join us on 23 and 24 April.

With over 230 delegates expected to join us from both sides of the North Sea this is sure to be a great opportunity to learn about key project updates in the region, as well as a fantastic chance to network with industry peers.

Across the two days there will be the chance to meet with speakers by booking one-to-one appointments, which will open a couple of weeks before the event. EIC members will get priority booking for these meetings.

You’ll also get the chance to meet our exhibitors, learning more about their businesses: Blaze, Dräger, Energy Voice, Klinger, NRL, NSTA (North Sea Transition Authority), PD&MS Group and Team Inc.

Thanks to our sponsors

As always, our special thanks to all of the businesses that support and help make this event possible.

Kim Stephen Regional Director, UK kim.stephen@the-eic.com

Kim Stephen

PRINCIPAL PARTNER

Chair: Sandra Antonovic Reflex Marine

Chair: Duncan Warriner Glacier Energy

BOOKING NOW

NORTH SEA DECARBONISATION CONFERENCE AGENDA

WEDNESDAY 23 APRIL 2025

DAY 1

SESSION 1

DAY 1

SESSION 2

DAY 1

SESSION 3

DAY 1

SESSION 4

DAY 1

SESSION 5

DAY 2

SESSION 6

DAY 2

SESSION 7

DAY 2

SESSION 8

DAY 2

SESSION 9

Charting the Course: Policy Pathways for North Sea Decarbonisation

Decommissioning for a Greener Future

Wave and Tidal Energy: Driving the North Sea’s Clean Energy Transition

Greening the Skies: Fuelling the Future of Sustainable Aviation

CCUS: Accelerating the North Sea’s Clean Energy Transition

NORTH SEA DECARBONISATION CONFERENCE AGENDA

THURSDAY 24 APRIL 2025

Electrifying the North Sea: Driving Clean Energy Growth

Hydrogen: Unlocking the North Sea’s Decarbonisation Potential

Scaling Fixed-Bottom Offshore Wind in the North Sea

Floating Offshore Wind: Tapping Deeper Waters for North Sea Decarbonisation

Speaker representatives from ABB, ABL Group, Alfanar, Associated British Ports, Bureau Veritas, Cerulean Winds, Decom Mission, Energy Voice, Mocean Energy, North Sea Transition Authority, ORE Catapult, RWE, Siemens Energy, UK Marine Energy Council and more.

Thanks to our sponsors ABB, ABL Group, Bureau Veritas

Middle East news

Regional update

As we begin a new financial year, I wanted to take a moment to reflect on the strength of our growing network of EIC members across the region. Your ongoing support and engagement is something we genuinely appreciate.

On that note, I’m delighted to officially welcome our new office manager, Louise Tipoe, who has taken over from Helen Aittis, following Helen’s well-deserved farewell last month. Helen’s departure was marked by a tremendous (and emotional) send-off at our annual EIC Golf Day, which once again proved to be a fantastic blend of golf, networking and camaraderie. With a record number of teams, we saw Motive Offshore Group crowned champions and the first-ever winners of the newly rebranded Helen Aittis Cup. Thank you to everyone who joined us, and congratulations to all the winners, we look forward to seeing you again next year.

Turning to what’s ahead, we are building momentum following the overwhelming success of EIC Connect KSA and are excited to confirm that EIC Connect UAE will take place on Wednesday 21 May in Abu Dhabi. We’re working hard to craft a strong programme that highlights the very best of opportunities across the UAE energy market and we hope to see many of you there. Further details can be found on our website.

In the meantime, our popular Market & Project Update webinars continue, with GCC (15 April) and Africa (29 April) sessions coming up. These provide valuable insights and real-world perspectives directly from companies operating on the ground.

We are also hosting a networking event at Oman Petroleum & Energy Show (OPES) on 12 May, where we are delighted to welcome TechnipEnergies as our guest speaker. Full details and booking information can also be found on our website.

I’m also thrilled to share that this year’s Survive & Thrive publication has already attracted a record number of entries. Having conducted several interviews so far, I’m continuously impressed by the creativity, resilience and innovation demonstrated by our members. The full publication will be launched in July 2025, followed by the return of the World Energy Supply Chain Awards, officially the world’s largest energy awards programme, taking place in October 2025. Finally, the Energy Exports Conference 2025 returns to Aberdeen from 3-4 June, with several high-profile inward delegations already confirmed. This free-to-attend event is a must for companies seeking new export opportunities, offering unmatched access to global contacts and market intelligence.

Ryan McPherson

Regional Director, Middle East, Africa, Russia & CIS ryan.mcpherson@the-eic.com

Regional news

NMDC Energy makes bold move into offshore wind

UAE-based engineering giant, NMDC Energy is investing US$500m in a specialised offshore wind installation vessel, marking its first major step into the global offshore wind sector. This strategic move aligns with the UAE’s net zero ambitions and taps into growing global demand for offshore wind capacity. By expanding beyond traditional oil and gas services, NMDC Energy aims to diversify its portfolio while positioning itself as a key player in renewable energy infrastructure.

ADNOC Drilling delivers record growth in 2024

ADNOC Drilling has achieved record-breaking growth in 2024, driven by new contract wins and expansion of its rig fleet to support ADNOC’s accelerated production goals. The company’s strong performance highlights its crucial role in ADNOC’s strategy to boost oil and gas production while also advancing low-carbon solutions. This record year reflects ADNOC Drilling’s ability to scale operations, improve efficiency and support the UAE’s long-term energy ambitions, cementing its position as a regional industry leader.

Forthcoming events

Ryan McPherson

Helen Aittis, left, and Ryan McPherson, right, with the winners of the newly rebranded Helen Aittis Cup, Motive Offshore Group

Asia Pacific news

Regional update

We are proud to co-organise with Malaysian Petroleum Resources Corporation (MPRC) its OGSE100 CEO Forum. The joint event, to be held on 15 April, will be launched by the Ministry of Economy of Malaysia and convene key stakeholders to explore the future of the energy sector. The event will begin with addresses from a representative of the Ministry of Economy, followed by En Mohd Yazid Ja’afar, CEO of MPRC and then by myself and Neil Golding, EIC Director of Market Intelligence. Subsequently, MPRC will present an overview of the OGSE100, leading into a panel discussion and Q&A sessions with the audience. The day will conclude with food and drinks, fostering networking opportunities for members and guests of MPRC.

Regional news

For the past six months, EIC APAC has collaborated closely with MPRC to contribute a segment to its OGSE100 report, focusing on the current state of carbon capture in Malaysia and its benefits for small and medium-sized oil and gas players. This partnership demonstrates our commitment to supporting industry growth through the provision of essential market intelligence. As we continue to cultivate strong partnerships and navigate the evolving energy landscape, this event serves as a valuable platform for engagement, knowledge sharing and industry advancement.

Azman Nasir Head of

Asia Pacific azman.nasir@the-eic.com www

Brunei launches licensing round for two offshore blocks

Brunei is set to offer two offshore blocks for competitive bidding in 2025, marking its first licensing round in over a decade. Block A spans 1,728 sq km and Block D covers 2,294 sq km with water depths ranging from 10 to 500m. Interested bidders must submit their Expressions of Interest by 30 April 2025. Shortlisted companies will then be required to purchase the bidding guideline which details participation requirements and access to subsurface data. The final bid submissions are due by 9 January 2026.

Malaysia’s Dewan Rakyat approves Carbon Capture, Utilisation, and Storage Bill

The Dewan Rakyat has passed the Carbon Capture, Utilisation, and Storage Bill 2025 (CCUS Bill 2025) to regulate carbon capture and storage activities in Peninsular Malaysia and Labuan. The legislation establishes a dedicated regulatory agency to oversee licensing, compliance and industry development while ensuring environmental safety. The bill mandates the registration of carbon capture facilities and the acquisition of permits for onshore and offshore storage sites, with stringent monitoring measures in place.

SA government steps in to provide financing for Whyhalla steelworks

The Government of South Australia has announced that the Whyalla steelworks will be receiving a support package amounting to US$2.4bn, to ensure the steelworks is kept operating and effectively puts the steelworks into administration. The funding would deliver US$100m in immediate support, including creditor assistance payments (US$50m), infrastructure upgrades (US$32.6m), jobs matching and skills hub (US$6m) and stabilising the steelworks (US$384m).

Azman Nasir

Photo

North and Central America news

Regional update

Did you know we now have boots on the ground in the state of Louisiana? Madison O’Malley, EIC Business Development Manager, has hit the ground running since joining us this past summer. Most recently, she has been engaging EIC members and non-members at events such as the Louisiana Wind Energy Supply Chain Workshop, Louisiana Oil & Gas Association’s Annual Meeting, Louisiana Business and Industry Annual Meeting, Cheniere Energy’s Washington Mardi Gras Kick-off and the Louisiana Mid Continental Oil & Gas Association. Should you have colleagues in Louisiana who would benefit from engaging with Madison, please do refer them to her on madison.omalley@the-eic.com

The North and Central America team is also gearing up for Houston’s much anticipated OTC 2025. This year we are delighted to kick start the week with the Best of Great Britain Breakfast on 5 May 2025; members and non-members are welcome to join the EIC at the Houston Marriot Medical Center for the opportunity to network, hear keynote speeches and a panel discussion around the latest trends and challenges in the industry over breakfast. Like all our events, this session has available profile-raising packages providing companies with the opportunity to be highlighted. To view these opportunities, please CLICK HERE

In preparation for OTC and our Business Breakfast, we also invite all to attend the next installation of our Market Update series covering Oil & Gas in the Gulf of Mexico on 24 April www.the-eic.com/EventDetail/dateid/4514

Most excitingly, the EIC continues to build its relationship with Eaton and again collaborating for our in-person event, Opportunities in Power, Powered by Eaton. Hosted at the Houston Eaton Experience Center on 24 June 2025, members and non-members will have the opportunity to tour the facilities, join one-to-one meet the buyer meetings and hear business briefings from operators and contractors in the power sector, including generation, transmission and distribution, nuclear and battery storage. To learn more about this event, or register, please email houston@the-eic.com

Lastly, if you have not reserved your seat for our annual EIC Night with the Houston Dynamo, taking place on 14 May 2025, do so today! This year, in addition to having a reserved seat, delegates will have access to the stadium’s AC controlled East Club providing all with unlimited food and drinks throughout the game. To register or to learn more www.the-eic.com/EventDetail/dateid/4428

Amanda Duhon

VP & Regional Director, North & Central America amanda.duhon@the-eic.com

Regional news

California proposes funding assessment for offshore ports

A new bill has been introduced in California’s state legislature, aiming to include offshore wind port infrastructure in the Governor’s Five-Year Infrastructure Plan. Assembly Bill 472 would amend the California Infrastructure Planning Act to recognise offshore wind port infrastructure as part of the state’s broader infrastructure planning. If approved, the plan would begin assessing funding needs for offshore wind port infrastructure from the 2027-28 financial year. The bill requires state agencies to assess funding from federal, state and private sources, ensuring ports support the transition to electrification in sectors such as housing and transport.

Trinidad & Tobago launches deepwater bidding round

Trinidad & Tobago has initiated a competitive bidding round offering 26 deepwater exploration blocks, to be governed by production sharing contract (PSC) agreements. The round was opened in late January 2025, with submission of bids expected by 2 July 2025. Winning bids will be disclosed within three months after the deadline. This bidding round is part of the government’s strategy to attract foreign investment and address the country’s declining oil and gas production.

Amanda Duhon

Madison O’Malley, EIC; Jack A Fusco, CEO, Cheniere Energy and Shri Thanedar, US Congressman

South America news

Regional update

EIC South America’s second edition of the Macaé Breakfast happened on 6 February, bringing together more than 100 participants to discuss the offshore drilling sector. The event featured presentations by Transocean and SLB.

Transocean shared information about its global operations and investments in Brazil. The company has a backlog of US$9.3bn and is expanding its operations in support of offshore wind installation. SLB has an 80-year presence in Brazil and operates in 120 countries, with a market value of US$57bn. The company has set an ambitious sustainability goal: achieving carbon neutrality by 2050 and becoming carbon negative from that point onwards.

On 9 April, to start preparing for OTC Brazil 2025, EIC will host a webinar on Offshore Oil and Gas and Renewables Projects with guest speaker Roberto Ardenghy, President of IBP.

April’s Breakfast in Rio on the 15th will address E&P Opportunities with Independent Players featuring BRAVA Energia, one of Brazil’s leading independent oil and gas companies. Part of Atlanta’s definitive production system, in operation since 31 December 2024, it is the first project to be developed entirely by an independent oil company in Brazil.

New Brazilian oil and gas licensing round includes 65 blocks in the Equatorial Margin

Brazil’s National Petroleum Agency (ANP) is planning to hold new oil and gas licensing rounds in 2025.

On 17 June 2025, the agency plans to carry out OPC 5, the country’s fifth round under the concession regime by putting on display 332 onshore and offshore blocks that are permanently offered across multiple basins, including Espírito Santo, Campos, Santos and Pelotas, among others. 65 of these blocks stretch across the Equatorial Margin, reflecting the country’s appetite for discoveries following exploratory success in Guyana and Suriname. The last OPC happened in December 2023, when nearly 50 blocks were acquired by various operators. After a year without tenders, the upcoming round is likely to attract IOCs and independent players looking to expand their presence in Brazil.

With investment surpassing US$1bn, the FPSO has the capacity to produce up to 50,000 barrels/day of oil and store 1.6m barrels, representing a significant advance in oil exploration in the country. Also in April, EIC will host a Biofuels Workshop lead by Gabriel Kropsch, Sinergas Founder and Borad Member.

Looking to the future, October brings the 2025 edition of OTC Brazil in Rio de Janeiro, which is one of the main offshore events in the world. Hosting over 15,000 visitors and over 4,000 sq m of exhibition space, this exhibition provides a perfect platform to share knowledge, generate new business and showcase the best practices and emerging trends to industry professionals in the evolving energy landscape.

If you are interested in exhibiting with the UK and EIC pavilion, contact the team for more information by sending an email to internationaltrade@the-eic.com

Clarisse Rocha, Director – Americas clarisse.rocha@the-eic.com

Brazil power auction to drive thermoelectric growth

The Brazilian Ministry of Mines and Energy (MME) has defined the guidelines for the National Agency of Electric Energy (ANEEL) 2025 Reserve Capacity Auction (LRCAP), on 27 June. This auction will allow existing thermoelectric plants to expand their capacity through two different approaches. Operators can either integrate additional capacity into their current operations as a single project, securing contracts for 10 years, or they can register the new capacity as an independent (greenfield) project, which would be eligible for 15-year contracts. Up to 10 facilities will be awarded contracts: six aimed at existing gas-fired/biofuel plants; three for greenfield initiatives and one specifically for increasing the installed capacity of existing hydroelectric plants.

Macaé Breakfast: Opportunities in the Drilling Sector with Transocean and SLB

Regional news

Clarisse Rocha

Survive &

EIC Insight Report 2024 Volume VIII

In its 8th year, EIC’s Survive & Thrive initiative continues to research the 15 most popular growth strategies used by the world’s energy supply chain in challenging market conditions. Each year reveals new and important findings, such as the conundrum of record growth, with 96% of companies forecasting record revenues in 2024, offset by clear and worrying growing geopolitical and policy uncertainties, resulting in more cautious decision-making by energy bosses, which hampers investment.

The report features success stories and insights from 134 member companies and underscores the need for clearer policies and trade agreements to support market expansion. It reflects that leaders are now more committed than ever to pursuing the energy transition, with or without total policy clarity, but just not on pace with 2050 net zero timelines.

Exporting to new markets remains the least used growth strategy due to excessive risks, cost and time to market. Companies call for more government support and funding with market access. The #1 growth strategy is to develop client-facing solutions and services, with 82% of these companies now working directly with operators, increasingly side-stepping the Tier 1 EPC contractors.

Please see our success stories overleaf or visit the EIC website to view the complete report www.the-eic.com/MediaCentre/Publications/SurviveandThrive

The EIC Awards Programme

The World Energy Supply Chain Awards aim to recognise excellence from all companies and organisations across the energy industries globally. In their business cases featured in the Survive & Thrive report, EIC member companies can demonstrate how they faced a specific challenge and introduced a new business solution or any initiative that drove successful results.

AWARD CATEGORIES

Collaboration

Culture

Digital

Diversification

Energy Transition

Environmental Sustainability

Export

Innovation

Optimisation

People & Competency

Resilience

Scale Up

Service & Solutions

Technology

Transformation

The WESCA winners 2024

TÜV Rheinland Industrial Services

Broadening horizons after being acquired by TÜV Rheinland

Story type

#transformation (main category)

#collaboration, #energy transition, #service & solutions

Benefits

▸ Strong customer retention rate.

▸ Moving into new sectors and expanding geographically.

Kevin Walls Gaynor Woodford

Operations Manager

How is TÜV Rheinland Industrial Services thriving?

TÜV Rheinland Industrial Services (TRIS) has enjoyed a relatively seamless and successful integration during its first year under the TÜV Rheinland banner. By combining skillsets across teams and territories, the newly established unit is able to better serve customers and target new business which it otherwise would not have had a chance to win.

Fast-forward a year, and TRIS is already ramping up its presence in the UK through a new location in Aberdeen. And with headcount increasing through a busy graduate and apprenticeship programme, the firm is futureproofing its workforce, firmly in the recognition that it remains, first and foremost, a people-based organisation.

The challenge - Just over a year ago, TRIS was operating as a part of ABB under the name of ABB Consulting Services after the Swiss firm acquired Imperial Chemical Industries (ICI) Engineering and Consulting capability in 2001. Its core business involves a wide range of services including process safety, asset integrity, inspection services and projects for companies and organisations around the world.

In May last year, the company was acquired by TÜV Rheinland from ABB to form TÜV Rheinland Industrial Services Limited (TRIS), its key aim being to rapidly expand its service offering and develop into a one-stop shop offering for its customers. In addition, the entity sought to deepen its ties in the energy transition and decarbonisation segments of the market.

The solution - The integration process began in earnest, with key leadership from both parties setting about a process of identifying how the skills held in the ABB Consulting could marry up with those in TÜV Rheinland at an organisational and service delivery level.

This has taken place both from a UK and a global perspective. Here, significant time and energy has been invested in building out an internal network across TÜV Rheinland where different teams can collaborate and offer new services.

This has already delivered early benefits to end operators, for example, in Eastern Europe, where TUV Rheinland is now providing a key customer in the Petrochemical Sector, asset integrity services in addition to non-de-

Sustainability Lead –Western Europe

structive testing (NDT) work, to extend the life of their plant. Had the two parties not joined, it would not have been possible to secure this multi million Euro growth opportunity and contract.

At the same time, the acquisition and integration of teams has helped to better serve existing customers, especially in regard to inspection work. Here, TÜV Rheinland has been able to reduce downtime and provide efficiency gains for a number of clients.

Indeed, most customers have been receptive to the new ownership, which has had the advantage of being associated with two highly recognisable and respected brands in the form of TÜV Rheinland and TRIS (ex-ABB).

As a result, the company has seen more opportunities open up in areas which complement the sectors TÜV Rheinland works in, thus giving it access to a far wider market than it was previously.

Although only a year into its new chapter, TRIS can recount successes on multiple fronts so far.

In terms of personnel, the UK team has grown by 10% and includes a healthy mix of experienced heads and next generation talent, in no small part thanks to a graduate and apprentice programme which has onboarded 12 new starters over the past year. Safety has also remained a major priority, with TRIS commanding an impeccable record of zero injuries and accidents.

Meanwhile, the company has been able to maintain a strong customer retention rate and moved into new sectors such as nuclear, and geographical reach has been extended thanks to a new presence being built up in Aberdeen.

These new opportunities are also being made possible to exploit thanks to a stronger willingness to take risks, experiment with new ideas and test the waters.

This is no better demonstrated than by the enhanced sustainability-related value TRIS can now offer to clients seeking to decarbonise. By integrating with TÜV Rheinland, the company now possesses the skills and resources to properly baseline and measure greenhouse gas emissions, with carbon footprinting and life cycle analysis now being a key service in the TRIS portfolio.

Key findings

For industry

▸ Help shape the journey to net zero and work towards a common goal across industries and sectors.

For government

▸ Include green skills in the basic educational system to support the transition.

TÜV Rheinland AG at a glance:

Key products and services: certification, inspection, project management and training services

Main industries served:

▸ Oil and gas – 40%

▸ Conventional power – 10%

▸ Nuclear power – 5%

▸ Hydrogen – 5%

▸ Carbon capture – 5%

▸ Energy storage – 5%

▸ Others (non-energy) – 30%

Headquarters: Cologne, Germany

Year established: 1872

Number of employees: 22,000

Revenue: £2bn

Revenue from exports: >30%

TÜV SÜD Energietechnik GmbH

Advancing

advisory services to better serve the energy transition market

Karlheinz Russ

Executive Senior Vice President, Infrastructure and Sustainability

How is TÜV SÜD Energietechnik GmbH thriving?

TÜV SÜD Energietechnik (TÜV SÜD ET) GmbH has embraced a strategic and cultural shift towards faster-moving, agile advisory services for clients operating within the energy transition market. Now bringing its vast and valuable experience to projects across a far broader range of industry segments, and aiming to enter such projects at an earlier stage, the company stands as a reliable and knowledgeable advisor for clients engaged not just in Germany, but around the world.

The pivot is already paying dividends, helping TÜV SÜD ET to offset reducing nuclear sector revenues. This year, the firm has forecast advisory division income to total around €6m – almost three times the figure achieved in 2022, its record year to date.

The challenge - TÜV SÜD ET, for many years, has been reliant upon a revenue stream from the German nuclear sector. With a long-term, stable base of income that served as the company’s foundation, the thought of transformation into other lines of business had always seemed unnecessary.

This all changed a few short years ago. Indeed, the last three nuclear power plants in Germany were shut down on 15 April 2023, signalling the end of the nuclear era in the country, at least for the time being. Seeing this coming, TÜV SÜD ET knew that it needed to seek out other revenue-making opportunities, not only in Germany, but in other European and global markets where the energy transition process could benefit from the formidable expertise the company houses.

It needed a new approach, one which would better meet the needs of its client base and wider energy market while also enabling it to retain key skills, honour its roots, and retain the essence of its DNA.

The solution - The wheels for this strategic shift were put in motion as early as 2019, and the process has continued to unfold and develop ever since.

This has taken the form of developing a new line of advisory services within the company. The key objective was to find a way to bring its experience to the earlier phases of projects across all energy sectors, and apply it to

key decarbonisation, standards and regulatory challenges faced by customers.

Although such a sea change may have appeared somewhat daunting, it is not the organisation’s first major transition. Towards the end of the 2010s, a similar scenario was unfolding in another TÜV SÜD daughter company operating in a somewhat closed market. Here, the company set its sights on the Saudi construction industry as a means of diversification, building up a new team to secure a project which eventually generated €1.5mn of revenue and opened the door to a whole new commercial arena.

Seeing potential synergies here, TÜV SÜD ET decided to consolidate experience by merging the advisory services of the above mentioned TÜV SÜD daughter company with its own business and strategy. This integration, which has involved the movement of people and alignment of systems and IT, has been a crucial move. Now, the company can market itself as a one-stop shop style partner for prospective energy transition clients seeking to overcome technical, safety and regulatory challenges. At the same time, geographic focus has been widened, with services offered globally to clients as far away as South Korea, UK and the Nordics.

Obstacles have appeared along the way, as is inevitably the case with any transformation of this scope. Culturally, TÜV SÜD ET is coming from a highly regulated, closed market where there were set ways of doing things that had stood the test of time. This is the opposite to much of the energy transition market, which naturally embraces a higher degree of risk, moves fast and relies on testing new concepts in the real world. While a change in mindset has been necessary to operate in this new space, for TÜV SÜD ET employees, involvement in the early phases of projects opens up a new and inspiring line of work.

And according to the numbers, these opportunities are being taken. At the time of writing, the company has a full diary of advisory work for the first half of 2024, secured €1.5m of new business so far this year, and a future potential pipeline in the form of €10m in project tenders.

Such is the traction being gained, TÜV SÜD ET expects to report €6m in advisory revenues

Story type

#transformation (main category)

#people & competency, #service & solutions

Benefits

▸ TÜV SÜD ET’s advisory work diary full for the first half of 2024.

▸ A future potential pipeline in the form of €10m in project tenders.

Key findings

For industry

▸ Motivate youngsters to study engineering.

▸ Use transformation for future growth. Be open-minded for new technologies, experiences and opportunities.

For government

▸ Decrease bureaucracy without losing safety. We normally need six years to build LNG infrastructure, but due to lack of supply from Russia we had some of it built in six months. Learn from this.

TÜV SÜD Energietechnik

GmbH a glance:

Key products and services: technical safety evaluation services for civil nuclear safety.

Main industries served:

▸ Nuclear power – 90%

▸ Hydrogen – 4%

▸ Oil and gas – 3%

▸ Others (non-energy): green steel –3%

Headquarters: Munich, Germany

Year established: 1959

Number of employees: 209 (TÜV SÜD ET), 28,000 (Group)

Revenue: £25m (TÜV SÜD ET), £2.6bn (Group)

Revenue from exports: 10%

for the year, making it responsible for over 20% of company-wide income. This is almost triple the record €2.2m recorded in 2022, setting the bar high as the transition to advisory-style services continues in earnest.

Tyde Digital

Turning the tide on its own value proposition

Martyn Cowie Managing Partner

How is Tyde Digital thriving?

Recognising that it needed to offer more to clients, Tyde Digital set about a root and branch transformation of how it did business. After a long and sometimes painstaking exercise, the company is now looking ahead to its target of breaching the US$2m turnover barrier as it continues to grow at a rapid rate.

The challenge - With 16 years’ experience in the oil and gas industry, Martyn Cowie and his long-time colleague Malik Mahamoor knew there was a gap in the market for a new service provider to help companies move forwards with technology adoption. Throughout their careers, the pair identified similar pain points in relation to low technology utilisation, inconsistent processes and people development, and limitations in available data to make better decisions.

Tyde Digital was born to address these challenges. Not only that, but it was also designed to re-define the digital transformation landscape – up to this point, the only transformation options appeared to be a mix of the expensive ‘big 4’, biased technology consultants or under skilled/over worked internal teams.

In the early period of Tyde Digital, the company was focused on providing business intelligence as a service, meaning it was essentially providing real time data to clients that was pulled from their existing systems. The team struggled to build momentum, realising they were essentially providing clients with data, in a quicker way with aesthetic visuals but added limited strategic value. To really kick on and provide an alternative to the established names, the time had come to redesign the service offering.

The solution - Cowie and Mahamoor went about it in a somewhat unconventional way, delivering their own services to themselves with subsequent internal interviews helping to develop the technology and processes needed to enact meaningful change.

One of the first steps taken was to redefine the “bigger why” and establish exactly what success looked like. Following this, the team mapped out its current operational flow and focused on defining how it worked from demand through to cash in the bank.

The company then mapped out its delivery model – Develop, Deliver, Drive – which also detailed its customers’ journey at a granular level. From here, the team we able to re-develop key messaging and proceeded to generate new content to drive sales activity. They also invested in redefining their marketing strategy to help craft and distribute new messaging to prospective clients which both educated and inspired through thought leadership.

Much time has also been spent networking. Although this has required significant attention and investment of time, word of mouth remains a powerful selling tool and has been crucial in helping Tyde Digital build familiarity and credibility across the industry. However the best selling tool will always be the success achieved by clients who have worked with Tyde Digital.

These activities have paid dividends on multiple fronts. Tyde Digital is now running numerous projects in tandem and has gained a thought leadership foothold in the market through invitations to speak at key conferences. In the Middle East, such events include the Oman Industry AI forum under the patronage of the Ministry of Transport, Communication and Information Technology.

From an employee development perspective, the company is now able to create compelling career plans, enabling it to bring in talented graduates as junior business analysts and data engineers and provide them with a roadmap to managing projects.

Attracting and retaining talent will be key to providing best-in-class services to clients for the long term, many of whom are already providing positive feedback on their relationship with Tyde Digital. Common themes include the company’s expertise, meticulous attention to detail, practical approach and commitment to delivering valuable results that feed into digital transformation journeys.

Such is the positive momentum being built up, Tyde Digital expects to hit the US$2m revenue mark in 2024 having recently secured its first ever seven-figure contract. In growth terms, this would represent a remarkable 856% increase on 2023, which itself saw turnover rise 243% versus 2022.

Story type

#scale up (main category)

Benefits

▸ First ever seven-figure contract secured.

▸ Tyde Digital expects to hit the US$2m revenue mark in 2024.

Key findings

For industry

▸ Self-awareness and strong relationship are superpowers.

▸ Focus on delivering value, thought leadership and perspective to the audience rather than pitching products or services.

For government

▸ The tendering process could be redefined to open up to new companies that are bringing innovative ideas into the energy sector.

Tyde Digital at a glance:

Key products and services: strategy development, process engineering, data engineering, software development, business analysis, coaching & training and consultancy.

Main industries served:

▸ Oil and gas – 50%

▸ Others (non-energy): construction, trade shows, banking – 50%

Headquarters: Dubai, UAE

Year established: 2021

Number of employees: 12

Revenue: £1.4m

Revenue from exports: 75%

After making the bold decision to take a big step back and assess its value proposition, Tyde Digital has transformed its prospects in the space of a few short years. There is surely much more to come.

Vaz e Dias Advogados & Associados

Using high-performance, project-speciﬁc teams to protect international energy patents

Marina

Castro dos Santos

Head of Patents and Innovation

How is Vaz e Dias Advogados & Associados thriving?

Vaz e Dias Advogados & Associados’ story is one of incredible innovation. In creating dedicated project teams comprising the ideal mix of experienced technical specialists with knowledgeable energy industry professionals, the law firm has been able to provide immense value to its international clients in the highly complex and pressurised area of intellectual property.

The challenge - A Brazilian law firm specialising in intellectual property, Vaz e Dias Advogados & Associados is focused on assisting entrepreneurs in the proprietary protection of their intangible assets, providing legal support for commercial transactions aimed at exploiting intellectual knowledge and technological innovations.

Founded in 2011, the Rio de Janeiro-headquartered company has encountered several challenges in the space of just 13 short years.

With intellectual property, particularly in the context of patents, and not widely understood by technical individuals, the company found it was having to hire technical specialists and train them for approximately two years to ensure they are up to standard.

With a lack of readily available talent, the firm has found that devising technical strategies in the field of patents can be a daunting task. Similarly, organisations often lack a deep understanding of intellectual property issues, frequently presenting Vaz e Dias with complex urgencies that need to be resolved or at least mitigated within short timeframes. In the energy sector, this complexity can be even greater, often involving countries with unique and sometimes inaccessible intellectual property rules and laws.

The solution - To solve these issues, the company opted to establish a new, innovative Patents and Innovations Department.

For Vaz e Dias, it’s not feasible to have a specialist from every technical area for each different patent application. Indeed, such a structure would entail extremely high maintenance costs and long periods of professional downtime.

To create high-performance teams capable of solving complex puzzles swiftly and in

sync with high-performance, multidisciplinary teams worldwide, the firm has instead taken a different approach.

Specifically, Vaz e Dias delegates urgent and strategic cases to its most experienced technical specialists, who then select a team of knowledgeable professionals to assist them in communicating with correspondents. In assembling multi-disciplinary teams in this manner, the company can optimise communications and provide its specialists with the materials and support required to develop the most effective strategies.

Such an approach has proven effective in helping a wide array of clients across the energy sector.

NSG Engineering stands as a prime example. A leading company in consultancy, offshore and subsea naval projects, it came to Vaz e Dias with a significant problem. Having participated in a project with other major companies in the oil and gas sector, it had developed a new technology, only to find that another organisation involved in the project had then filed an international patent for that very solution.

Upon realising this, NSG Engineering swiftly sought a law firm in an attempt to protect its intellectual property, with Vaz e Dias quickly approached owing to its expertise in patent law.

In response, Vaz e Dias’ technical team gathered with its international specialists to assess the status of the new patent application, before devising an innovative strategy involving three jurisdictions: Brazil, the United States of America, and the European Patent Office (EPO).

Since the other company’s international patent had been filed less than a month before NSG Engineering came knocking, Vaz e Dias quickly drafted a provisional application to be filed in the United States, buying time to gather more information about the infringing company’s application.

With copycat inventions not always totally informed about the inventive details, the two parties worked to emphasise these in NSG’s application. In doing so, the international application that was filed received excellent feedback from the World Intellectual Property Office (WIPO), while the infringement company’s application faced tough scrutiny.

Story type

#culture (main category)

#collaboration

Benefits

▸ Vaz e Dias’ project-tailored team has received excellent feedback from the World Intellectual Property Office (WIPO).

▸ Revenue growth from its patent department.

Key findings

For industry

▸ Technology is growing at absurd speeds. You must invest in highperformance tools and think about groups of multidisciplinary professionals.

For government

▸ Focus on the diffusion of the intellectual property culture.

Vaz e Dias Advogados & Associados at a glance:

Key products and services: legal services.

Main industries served:

▸ Engineering - 41%

▸ Life science - 37%

▸ Others (non-energy) - 22%

Headquarters: Rio de Janeiro, Brazil and São Paulo/Brazil

Year established: 2011

Number of employees: 24

Revenue from exports: N/A

Owing to this rapid intervention from Vaz e Dias’s project-tailored team, NSG Engineering’s patent proceeded through the normal processing course, being filed in Brazil and Europe, which were jurisdictions of interest to NSG for possible future validation. Indeed, it is a prime example of the benefits that Vaz e Dias’s new strategy of creating high-performance, project-specific teams can provide to clients. With revenue from its patent department growing consistently since the establishment of the Patents and Innovations Department in 2018, this approach will no doubt enable the company to further enhance its reputation in the energy market

Venterra

Story type

#scale up (main category)

#collaboration, #energy transition

#scale up (main #collaboration, #energy

Benefits

unique oﬀering underpinned integrated oﬀshore wind specialists

A unique oﬀering underpinned by integrated oﬀshore wind specialists

Paul Doherty Executive Vice President Engineering

How is Venterra thriving?

With renewable being an absolutely pivotal piece of the global decarbonisation puzzle, Venterra is developing a services enterprise of meeting growing demand. By acquiring and select companies the sector, adding expertise and leveraging capital to fuel its expansion, the firm has grown exponentially in the space of just three

With renewable energy being an absolutely pivotal piece of the global decarbonisation puzzle, Venterra is developing a best-inclass services enterprise capable of meeting growing demand. By acquiring and integrating select companies in the sector, adding its management expertise and leveraging capital to fuel its expansion, the firm has grown exponentially in the space of just three short years.

The challenge - Offshore wind is a key component of the renewable mix that will be critical. However, if global regarding the installation of offshore wind capacity are to be several barriers need to be tackled on to facilitate progress.

The challenge - Offshore wind is a key component of the renewable energy mix that will be critical. However, if global targets regarding the installation of offshore wind capacity are to be met, several barriers need to be tackled head on in order to facilitate progress.

Venterra sees the highly constrained and fragmented chain that the offshore wind is upon for projects to be developed and as a hurdle. delivery are dominated by large developers, OEMs and 1 contractors, with smaller project-enabling enterprises finding themselves ised, struggling to their own.

Venterra sees the highly constrained and fragmented supply chain that the offshore wind sector is reliant upon for projects to be developed and delivered as a major hurdle. Current delivery models are dominated by large developers, OEMs and Tier 1 contractors, with smaller project-enabling enterprises often finding themselves under-capitalised, struggling to hold their own.

an effort to change this narrative, Venterra is to a selection highly players, enabling them to easily bring their value-added solutions to the table an end-to-end offshore wind

In an effort to change this narrative, Venterra is seeking to aggregate a selection of highly specialist smaller players, enabling them to more easily bring their value-added solutions to the table in an end-to-end offshore wind offering.

The solution - Indeed, since 2021, Venterra has been bringing together specialist supply chain businesses that provide complementary technical services and products. Together, these complementary businesses are providing a joined-up and streamlined offering to developers, offshore contractors and other industry groups.

The - Indeed, since 2021, Venterra has been bringing together specialist supply businesses provide technical and products. Together, complementary businesses are a joined-up and streamlined to developers, offshore contractors and other industry groups.

Part of Venterra’s aim is to scale up these companies so that they can collectively better manage and mitigate risk, avoiding the need to resort to pushing liabilities down the supply chain to smaller contractors.

Part of Venterra’s aim is to scale up so they can collectively manage and mitigate risk, avoiding the need to to pushing down the supply chain to contractors.

June 2021 key milestone in its ture, the firm acquiring its first firm the form of Gavin and Doherty Geosolutions – a specialist offshore engineering and design consultancy. Since then, Venterra has the number of specialist in the to nine, the

June 2021 marked a key milestone in its venture, the firm acquiring its first firm in the form of Gavin and Doherty Geosolutions (GDG) – a specialist offshore engineering and design consultancy. Since then, Venterra has expanded the number of specialist technical companies in the group to nine, the latest

and largest acquisition to date being CAPE Holland, agreed in August 2023.

and acquisition to being CAPE agreed August

Together, these entities collectively provide a range of services across the offshore wind farm lifecycle, from early-stage project development, engineering and installation to supporting operational activities and decommissioning. As a group, they comprise a 600-strong global workforce made up of highly technical offshore wind experience, knowledge, and skills across a significant range of topics, services and markets, many of whom have worked for key offshore wind developers, OEMS and Tier 1 installation clients.

Together, entities collectively provide range of services across the offshore wind farm lifecycle, from early-stage project engineering and installation to supporting operational and commissioning. group, they 600-strong global workforce made of highly offshore wind experience, knowledge, and of topics, services and markets, of whom have key offshore wind developers, OEMS and Tier installation ents.

Venterra is strategically and comexpertise experience of into clearly defined service that align directly with the work of the offshore wind industry.

Venterra is strategically reforming and combining the expertise and experience of its companies into clearly defined service lines that align directly with the work scopes of the offshore wind industry.

Its development and engineering services cover advisory and project management, geoscience, data measurement and survey, environmental and consenting and engineering and design. Its build and construction offering also provides heavy lifting, equipment handling, vibro lifting and driving and grouting solutions to meet all build planning, logistics, foundation installation and moorings requirements.

Its development and engineering advisory and management, geoscience, data and survey, environmental and consenting and and Its offering also provides heavy lifting, ment vibro lifting and and grouting solutions to meet all build logistics, foundation installation and ings requirements.

is the firm’s integrated approach that ables it to bring greater value to the table, engaging client portfolios rather than scopes. Its exclusive on the offshore industry means it is able offer no-compromise, dedicated and that sets it apart from in the market.

It is the firm’s integrated approach that enables it to bring greater value to the table, engaging across client portfolios rather than single scopes. Its exclusive focus on the offshore wind industry means it is able to offer a no-compromise, dedicated and specialised service that sets it apart from others in the market.

Moray West, Ocean Wind’s 882MW offshore wind project the east coast of is example of of nine companies have been involved in the project over the past decade – from providing ly-stage engineering and vices to supporting the of the foundations.

Moray West, Ocean Wind’s 882MW offshore wind project in the east coast of Scotland, is an example of Venterra’s extensive capabilities. Seven of Venterra’s nine companies have been involved in the project over the past decade – from providing critical early-stage engineering and development services through to supporting the installation of the turbine foundations.

Of course, Venterra’s success relies on find like-minded that are the cultural fit –that isn’t always With oil and gas being higher at present, those or-

Of course, Venterra’s success relies on its ability to find like-minded organisations that are the right technical and cultural fit –something that isn’t always easy. With oil and gas prices being higher at present, those or-

▸ Over 600 staff joined in just three years.

▸ Over £100m in annual revenues secured, with a 12% growth expected in 2024.

joined in just three years. in annual revenues with a 12% growth 2024.

Key findings

Key

For industry

▸ Work together and collaborate. The only way to achieve ambitious government targets is by joined up thinking.

Work together and The only way to achieve ambitious is by joined up

For government

▸ Listen to the united voice of the industry.

For government to the united voice of the industry.

Support more Tier 2s and levels below, not just Tier 1s.

▸ Support more Tier 2s and levels below, not just Tier 1s.

Venterra at a glance:

Venterra a glance:

Key products and holistic offshore wind services.

Key products and services: holistic offshore wind services.

Main industries served:

▸ Offshore renewable energy – 85%

Main industries served: Offshore energy – 85% Others (non-energy): –

▸ Others (non-energy): decommissioning – 15%

Headquarters: London, UK

Year established: 2021

Number of employees: 620

Revenue: £110m

Revenue from exports: 60%

ganisations who might be a good match may currently have greater interest in working in oil and gas rather than transitioning solely into offshore wind, for example.

ganisations who might be good match interest in working and gas rather than transitioning into offshore wind,

Not only has the enterprise grown to include more than 600 staff in just three short years. It has also secured more than £100m in annual revenues, with revenue, profit and headcount increasing year on year. Looking at pro-forma statistics, revenue has increased 12% per annum in the last three years, with a similar trajectory anticipated for 2024.

With annual growth rates for the offshore wind sector ranging between 30-50%, Venterra is seeking to capitalise by continually scaling up its offering. As an entity that is solely focused on this specific market, with expertise in all stages of offshore wind, it certainly stands in good stead to do so.

Not only has the enterprise than staff in just three short also secured more than £100m in annual revenues, with and increasing year on year. Looking statistics, revenue has per annum in the last three with similar trajectory anticipated for 2024. With annual growth rates for the offshore wind ranging 30-50%, terra is by continually scaling up its As an entity that is solely focused on this market, with tise all stages of offshore wind, it certainly stands good stead to do so.

Executive Vice President

Venture Plus Consultancy Services

Prioritising transparency and innovation to enhance client services

Mohammed Malayampalli

Finance and Compliance Manager

How is Venture Plus Consultancy Services thriving?

Venture is transforming the delivery of public relations services in the UAE. Through its focus on enhancing client understanding, maintaining full-service transparency, and leveraging technologies to provide an improved, innovative offering, the company is continuing to build its competitive advantages in the market. With dramatic revenue enhancements having been realised in 2023, Venture is now focused on incorporating AI into its proposition in an innovative, relevant manner. Here, it is piloting the implementation of AI consultants to support its clients, with the final version anticipated to be implemented by the end of 2024.

The challenge - Since its establishment in 2008, Venture has consistently worked to enhance its public relations consultancy services offering and gain a competitive edge. By actively tapping into new technologies, the firm seeks to provide best-in-class services to its customers with transparency and cost benefits.

This has been the mindset of Venture since 2014. However, its position as an industry disruptor has presented a variety of hurdles in the past decade.

Internally, the last three years have been particularly challenging. Despite its confidence and belief in rigorously developing innovative, technologically backed models, adapting a pace hasn’t been easy. Indeed, Venture’s team had been used to completing their jobs manually, hampering the speed of change that the company hoped to target.

Externally, the company has also faced difficulties. While public relations services are very common in the UAE, few service users were familiar with the technicalities, timelines and complexities involved. As a result, Venture had found that many firms had been misguided, with a lack of transparency regarding key processes. Indeed, few are aware of the significant progress that the UAE has made in digitising public relations services. For Venture, a major challenge has, therefore, been altering customer perspectives and helping to bridge this knowledge gap.

The solution - Presented with these two challenges, the company has adopted a multi-pronged approach in finding solutions.

Regarding its internal challenge, Venture has prioritised the training and education of its internal compliance teams, ensuring that they have a key understanding of Venture’s innovative service delivery models ambitions. Not only has this ensured that its team are strictly aligning with new critical processes and procedures. Equally, staff members are also now contributing to platform improvements to further optimise its service delivery efforts.

Externally, meanwhile, the firm has prioritised communication and visualisation, working to fundamentally alter its prospective clients’ mindsets. To this end, it has been offering onemonth free trials of its platform and services, enabling clients to familiarise themselves with its alternative, innovative approach to public relations services.

Indeed, such an approach has proven critical in allowing the firm to win several new contracts. It has been particularly valuable for overseas firms that have little to no prior knowledge of the UAE’s rules and regulations, for example, providing clarity and visibility into key national legal requirements.

Venture hasn’t stopped here either. Indeed, with its eyes firmly set on finding and implementing continuous operational and service improvements, it is now working to introduce what it describes as “AI consultants” that will be available to support clients at any time of day, with any information they may require.

This latest aspect of the firm’s journey is anticipated to be significant. So much so, that Venture CFO Mr. Mohammed Shareef Mlaayampalli is currently doing a Doctoral programme on the “Use of Artificial Intelligence in Management Consultancy Business in the UAE” as part of his studies at Golden Gate University in San Francisco.

Critically, Venture began to implement AI in this way during 2023, piloting its digital consultancy offering with several clients. Through these efforts, it’s anticipated that the final product will be ready for launch come the end of 2024.

Story type

#transformation (main category)

Benefits

▸ Several new contracts win.

▸ Record annual revenue in 2023.

Key findings

For industry

▸ In today’s rapidly changing technological era, businesses must foster innovation and adaptability to succeed.

▸ True success in an organization comes from building collaborative teams where everyone is empowered as a leader.

Venture Plus Consultancy Services at a glance:

Key products and services: consultancy services.

Headquarters: Abu Dhabi, UAE

Year established: 2008

Number of employees: 35 Revenue: £12m

Undoubtedly, this new string to the Venture bow will only serve to further enhance the company’s revenue that has been on the up of late. After seeing a gradual increase from US$6.4m in 2019 to US$7.6m in 2022, the firm recorded annual revenues as high as US$12m in 2023.

Such figures are testament to the firm’s unwavering commitment to its mission. By prioritising transparency and innovation in order to enhance client services, the company is clearly already reaping the rewards.

Voovio

the needs of MENA clients through agile

Meeting the unique needs of MENA clients through agile persistence

How is Voovio thriving?

Ahmed Alaa

Alaa

Sales Director, MENA

Established in 2017, Voovio has built a renowned reputation as a ical disruptor in the energy sector. Through the provision of its cutting-edge digital platform solution, the firm is empowering opexcellence among field operators the world.

Established in 2017, Voovio has quickly built upon a renowned reputation as a technological disruptor in the energy sector. Through the provision of its cutting-edge digital platform solution, the firm is empowering operational excellence among field operators around the world.

After established itself Euroand markets, the firm has adapted everything from its operating to its marketing strategies to traction in the Middle East North Africa (MENA)

After successfully established itself in European and US markets, the firm has adapted everything from its typical operating processes to its marketing strategies to gain greater traction in the Middle East and North Africa (MENA) region.

The challenge - Voovio is transforming the of operational training. At the of the company is state-of-the-art that harnesses proprietary enhanced reality technologies to help optimise the perforof operators.

The challenge - Voovio is transforming the landscape of operational training. At the core of the company is a state-of-the-art solution that harnesses proprietary enhanced reality technologies to help optimise the performance of field operators.

This groundbreaking technology has a in Europe and the US, enabling the creation of precise digital replicas of operaassets complemented by standard procedure simulators. With advanced resource, Voovio can support field operators as an ever-present, virtual subject matter expert, providing guidance and insight out entire project lifecycles.

This groundbreaking technology has proven a hit in Europe and the US, enabling the creation of precise digital replicas of operational assets complemented by sophisticated standard operating procedure simulators. With this advanced resource, Voovio can support field operators as an ever-present, 24/7 virtual subject matter expert, providing indispensable guidance and insight throughout entire project lifecycles.

established the brand in markets, Voovio turned attentions to new frontiers – namely MENA. the team the firm’s traditionally successful to increase exposure the However, they quickly were up against resistance.

Having established the brand in western markets, Voovio turned its attentions to new frontiers – namely MENA. Here, the marketing team set about leveraging the firm’s traditionally successful methods to increase exposure in the region. However, they quickly found they were up against some previously unseen resistance.

MENA, Voovio’s highly advanced technolfaced challenges regarding more awareness of technologies, and resistance to adoption owing to the firm’s limited track record in the Further, the of its potential viewed its as a nice to have – not an essential

In MENA, Voovio’s highly advanced technologies faced challenges regarding more limited awareness of technologies, and resistance to adoption owing to the firm’s limited track record in the region. Further, the company found that many of its potential prospects viewed its solution as a nice to have – not an essential tool.

The solution - To overcome and succeed MENA, Voovio chose to adapt its approach, to a new strategy has been in ployment for the past 18 months.

The solution - To overcome these stumbling blocks and succeed in MENA, Voovio chose to adapt its approach, opting to leverage a new regional-specific strategy that has been in deployment for the past 18 months.

Key to has been strategic outreach, the aiming trust through sharsuccessful case and demonstratthe value its solution vides in the way of operational excellence.

Key to this has been strategic outreach, the company aiming to build trust through sharing successful case studies and demonstrating the tangible value that its solution provides in the way of operational excellence.

Here, a high level of networking has been carried out, often with technical involvement in order to directly illustrate the merits of the Voovio solution to clients and prospects. This, coupled with a wider partnership approach with agents, has provided the firm with greater visibility and traction with key contacts in markets such as Abu Dhabi and Oman.

high level networking has been carried often with technical directly illustrate the merits of the Voovio solution to clients and This, coupled wider partnership approach agents, has provided the firm with greater visibility and traction with contacts in markets such as Dhabi and Oman.

Attempts to land large NOC contracts have proven tricky given the firm’s lack of a regional or client-specific track record. However, it has sought to persevere, targeting important prospects in multiple ways, from technical conferences to conversations via digital channels. The company has also sought to demonstrate the viability of its product to operational teams directly, focusing on aspects such as ROI, with the Voovio digital simulator solution enabling operating teams to access plants remotely.

Attempts to large NOC contracts have tricky given firm’s of a gional or track record. Howit has to persevere, targeting important in multiple ways, from to conversations digital channels. The company has to demonstrate the viability of to operational directly, focuson aspects such as ROI, with the Voovio simulator enabling teams to plants remotely.

After holding several meetings with management and dozens of meetings with the technical teams of one particular client, the firm has also brought its IT teams into the process earlier than usual, owing to the demands on security clarity in the MENA region. Indeed, being flexible and adaptable in these ways has been critical, providing potential clients with the confidence that their needs will be met when embracing these new technologies.

After several meetings management and of meetings the techteams of one particular the firm has also brought IT teams into the process earlier than usual, owing to the demands on security clarity in the region. Indeed, being flexible adaptable in ways has been providing clients with the that their needs will be met when embracing tech-

From technological challenges and resource limitations to market dynamics and resistance to change, the company faced several hurdles in securing contracts with key clients and gaining a foothold in the region. Integrating new technologies and systems often presented technical hurdles, such as compatibility issues or learning curves for employees, for example. However, perseverance has paid off, the company having won its first contract in MENA with a blue-chip client.

From technological and limitations to market dynamics and resistance to change, the company several hurdles in contracts with key clients and gaining a in the region. new technologies and systems often presented technical hurdles, such as compatibility issues or learning for employfor However, has paid off, the company having won its first in MENA a blue-chip client.

With both KPIs and sales statistics performing well, Voovio is now on an upward trajectory the With these

With both KPIs and sales statistics performing well, Voovio is now on an upward trajectory in the region. With these initial

Story type

#digital (main category)

#service & solutions

Benefits

▸ Company now on an upward trajectory in the MENA region.

▸ Initial contracts being secured.

Company now an upward trajectory in contracts being secured.

Key findings

Key

For industry

▸ Embrace change and foster innovation.

Embrace change and foster

▸ Invest in talent and collaboration.

Invest talent and collaboration.

For government

▸ Support industry innovation and encourage entrepreneurship.

For government Support industry and encourage entrepreneurship. Invest education and to

▸ Invest in education and commit to inclusivity.

Voovio at a glance:

Key products and everpresent virtual subject matter expert, indispensable guidance throughout the entire life cycle of a field operator.

Key products and services: everpresent 24/7 virtual subject matter expert, offering indispensable guidance throughout the entire life cycle of a field operator.

Main industries served:

▸ Oil and gas – 80%

▸ Conventional power – 10%

Main industries served: gas – 80% 10%

▸ Others (energy) – 10%

Others (energy) 10%

Headquarters: San Sebastián, Spain

Year established: 2017

Number of employees: 62

contracts having laid the groundwork, acting as key case studies for other regional prospects, sustained growth is now anticipated moving forward.

contracts laid the groundwork, acting case studies for other regional pects, sustained growth is moving forward.

VWS Westgarth (part of Veolia Group)

Charting a new course to support FPSO operators’ carbon reduction agendas

Story type

#innovation, #environmental sustainability (main categories)

Benefits

Renewable Energy and Technical Innovation Manager

Calum McGill Carol Easton

Marketing Coordinator

How is VWS Westgarth thriving?

Carving a reputation for excellence in the offshore energy landscape for its leading-edge water management solutions, Veolia’s VWS Westgarth is looking to futureproof its business by taking the carbon emissions reduction challenge head-on.

Recognising the need to help FPSO operators cut down on their environmental footprint, the company has devised several promising solutions designed to reduce, reuse and recycle across key water management processes. This includes sulphate removal for water injection and seawater reverse osmosis (SWRO) for the production of fresh water.

Now, the time has come to present compelling financial cases to prospective clients and enter the commercialisation phase of the strategy.

The challenge - For several decades, VWS Westgarth has supported Veolia’s purpose to develop a more circular economy through the design and provision of innovative and sustainable solutions for water, waste, and energy management. It does so by capitalising on its extensive experience in water treatment and gas processing systems, as well as its module integration know-how, to provide clients with solutions that help to abate their carbon footprint and greenhouse gas emissions.

Today, VWS Westgarth is recognised as a world leader in offshore water treatment system design and process integration, its customers comprising leading integrated energy companies (IECs) and global FPSO contractors.

However, while its core oil & gas business remains highly successful and profitable, the company is cognisant of the fact that the sector needs to decarbonise as part of the energy transition process. in response, the past couple of years have been spent strategising a new set of services geared around helping clients to reduce their emissions, especially those operating in the prolific FPSO segment.

The solution - Key actions during 2023 have

Iain Scott

Business Development Manager

▸ Promising results already found across different exploratory emissions reducing solutions that can be applied individually or collectively to improve an FPSO’s operational and embedded carbon footprint.

▸ Positive feedback from partners and providers.

Key findings

For industry

▸ Diversify in order to do the right thing for net zero and to keep business alive.

included a significant amount of internal reflection on the current scope of supply and looking beyond with a bolder vision. A major part of this has been engaging in discussions with companies and clients in the oil & gas and renewable energy sectors to understand how VWS Westgarth can become a partner in greenhouse gas emissions reduction.

Experienced colleagues within the organisation have been assigned to the new portfolio, which seeks to reduce the carbon footprint associated with various water treatment processes in three major ways: power usage, chemical usage and waste generation.

Across these categories, VWS Westgarth is seeking to incorporate reduce, reuse and recycle principles. In terms of energy usage, the company has developed a case study to investigate the viability and impact of energy recovery in combining two key processes – sulphate removal for water injection, and seawater reverse osmosis (SWRO) for the production of fresh water.

Technology was identified to reuse high-pressure reject stream, with the operational, layout and economic impact assessed. The results appear extremely promising, with up to 30% reduction in power achievable with only a marginal impact to the footprint and overall cost of a sulphate removal module. This one solution, out of a portfolio of innovations, would contribute to at least 1% reduction of an FPSO’s GHG emissions.

Reducing and recycling waste has been another key focus area. Here, Veolia is already investing in a pilot unit in Brazil, and there are also small-scale pilots already in motion in the market that could fit to FPSO plastic waste disposal.

VWS Westgarth can also deliver carbon reductions through upgrading its own equipment, with new equipment specifications over the next five to 10 years carrying the potential to reduce FPSO emissions by at least 1%.

For government

▸ Establish stable net zero-related regulatory environment, carbon taxes and drivers of behaviour.

VWS Westgarth at a glance:

Key products and services: design, build, upgrade and service of water treatment process systems for water injection and produced water treatment.

Main industries served:

▸ Oil and gas – 100%

Headquarters: Glasgow, UK

Year established: 1983

Number of employees: 220,000 (Group), 160 (VWS Westgarth)

Revenue: £77m

Revenue from exports: 90%

With various emissions reducing solutions being explored, the priority now is to present compelling business cases to clients and other stakeholders across the value chain. Engagement has so far been positive, with several collaborative agreements with partners and technology providers being struck. VWS Westgarth can also draw on its already strong relationships with FPSO operators, as well as its formidable reputation, as it seeks to start commercialising what could be a futureproofing line of business for the decades ahead.

Vysus

Story type

#collaboration (main category)

Story type #collaboration (main #digital, #environmental sustainability

#digital, #environmental sustainability

Benefits

rewards proactive solutions

Poised to reap the rewards of proactive ESG solutions innovation

▸ Collaboration with Siccar as an important path to succeed.

How is Vysus thriving?

David Clark CEO

Vysus Group is finding new ways to enhance its value proposition since becoming a solo entity three and a half years ago. In collaboration with secure platform expert Siccar, the organisations have developed Databox, an innovative ESG emission assurance solution that enables real-time emissions monitoring visualisation to drive impactful action.

With new legislation such as CBAM on the horizon that is set to necessitate accurate and verifiable carbon emissions data at a granular level, Vysus is poised to reap the rewards of its proactive innovation in the years to come.

The challenge - Vysus is a technical and regulatory consultancy supporting clients throughout the energy, renewables, grid and complex infrastructure sectors. Headquartered out of Aberdeen with a 300-strong workforce, the group operates on a global basis, with 80% of its revenue generated in overseas markets.

The firm was formed following a strategic carve out from the Lloyd’s Register Group, with the organisation’s energy division (now Vysus) acquired by Inspirit Capital. However, that’s not to say that the new entity’s first few years have not been without its challenges.

The firm has set itself ambitious goals. It has sought to complete five divestments in a difficult M&A market, all while maintaining focus on its client needs. It has worked to expand further into the renewables sector, helping its clients with the complexities of the energy transition by providing high-end consulting and advisory support, including new projects in hydrogen, carbon capture and storage technologies. And it has strived to retain the fantastic breadth of expertise and knowledge of its people, while also building out close-knit technology partnerships with various organisations, including Siccar.

The solution - The latter partnership has been among the most significant in recent times.

One of Vysus’ primary concerns has been developing a robust, integrated, automated and auditable ESG emission assurance solution capable of simplifying and streamlining setup, measurement and reporting requirements across a broad range of corporations and companies.

With core market expertise and presence in ESG emissions assurance and analysis for over

20 years (with Vysus renowned as a fully licensed AA1000 assurance provider), the firm identified a clear need for digitalisation of this service to allow continuous monitoring and analysis of key ESG metrics.

Indeed, the ESG assurance sector has traditionally been paper-driven with spreadsheet solutions commonplace across market. In recent years, several portal solutions have been introduced, yet these are typically linked back to simple spreadsheets and databases – something that is not adequate in the modern environment.

20 renowned as lithe clear need digitalisation of allow monitoring of Indeed, spreadsheet commonplace across market. recent several portal solutions yet these simple bases something not the environment.

With the ever-increasing complexity of ESG regulations and requirements which will come into force across many regions in the next three to five years, Vysus looked to develop a suitable solution.

Following discussions with various potential partners, the company identified Siccar as a business with the expertise and experience in secure data management technology and a team closely aligned to its values and vision for the future of ESG management. Indeed, the combination of Vysus’s consulting experience with Siccar’s blockchain implementation is unique.

Having first consulted Siccar in 2022, the pair have developed and modelled the solution, known as Databox, with a formalised collaboration in 2023. Since then, they have taken the product to market, completing a significant demo with Tendeka in Aberdeen (owned by TAQA Saudi Arabia).

In this test case, the client realised several benefits. With Databox, Tendeka became empowered to control its emissions data; visualise emissions activity to improve understanding and decision making; identify opportunities to lower its carbon footprint; provide traceable, accurate ESG reports; put itself in a position to meet regulatory requirements; optimise processes, operations and investments; and more.

▸ Increasing interest, with significant anticipated growth in the deployment of the Databox platform.

Siccar as an to succeed. interest, significant anticipated in deployment the platform.

Key

Key findings

For

For industry

front of people, get to know your partners. Don’t assume, to them. tough, keep open dialogue going.

▸ Get in front of people, get to know your partners. Don’t assume, get to know them. When things get tough, keep open dialogue going.

For government

▸ Get longer term strategic thinking and alignment.

▸ Be more honest about what net zero really means. Explain the challenges but also the urgent need.

For government longer term strategic thinking and alignment. about what net zero really means. Explain the but also the urgent need.

With complexity of which will into force across many regions in the to Vysus looked to a potential the company identified as with the expertise and experience in team closely aligned values and the of ESG management. Indeed, the comof with implementation is first Siccar the and modelled known formalised then, they completing Tendeka Saudi this case, the realised With Databox, control its emissions activity to improve unand to lower its footprint; provide traceable, ESG reports; put in to regulatory and investments; the is angrowth deployment the Daplatform the coming 12-24 will part be by the (such CBAM) the UK to come into carbon across wide range supply and services, such leg-

Following the successful pilot, Vysus is now seeing increasing interest, with significant anticipated growth in the deployment of the Databox platform in the coming 12-24 months. This will in part be driven by the introduction of significant legislation (such as CBAM) across Europe, the UK and US. Set to come into force on carbon measures across a wide range of supply chain products and services, such leg-

Vysus Group at a glance:

Vysus at a glance:

Key and technical and regulatory consultancy across energy, renewables, grid and complex infrastructure.

Key products and services: technical and regulatory consultancy across energy, renewables, grid and complex infrastructure.

Main industries served:

▸ Oil and gas – 40%

Main industries served: gas 40% renewables infrastructure – 18%

▸ Offshore renewables and infrastructure – 18%

▸ Nuclear power – 10%

▸ Onshore renewables and grid connectivity – 10%

Onshore renewables and grid connectivity – 10%

Others (non-energy): food and –

▸ Others (non-energy): food and pharma – 16%

Others (non-energy): marine 6%

▸ Others (non-energy): marine - 6%

Headquarters: Westhill, UK

Year established: 2020

Revenue from exports: new value ago. In secure expert the developed ESG assurance that drive as CBAM accurate data at to reap rewards in to technical supporting Headquartered out of with the global 80% of in markets. was the say first few challenges. It divestments a all maintaining It helping the by high-end hydrogen, capture it has the breadth its people, while also Siccar. partnership significant times. concerns been a integrated, solution capable setup, requirements and companies. core expertise and assurance for

Year established: 2020

Number of employees: 300

Revenue: £56m

Revenue from exports: 80%

islation will necessitate accurate and verifiable carbon emissions data at a granular level.

As a solution that offers a unique capability to provide assured data sets from existing business systems and production data on a continuous basis, Databox is in prime position to support companies in navigating these expanding regulatory requirements and setting their decarbonisation targets.

islation necessitate and verifiable carbon emissions data granular level. As solution that offers unique to provide assured from existbusiness data on continuous basis, Databox is in prime to support companies in navigating expanding regulatory and setting their decarbonisation

Walter Tosto

Broadening horizons by innovating a novel hydrogen storage solution

Bora Aydin

Business Development Manager

How is Walter Tosto thriving?

Not content with serving the same core markets which have seen it be successful since its inception nearly seven decades ago, Walter Tosto decided to utilise its formidable in-house expertise to explore new innovation that can support applications in energy transition. These include a novel hydrogen storage tank, the development of which has now reached the verge of commercialisation and brings the company a step closer to entering a rapidly growing market.

The challenge - Since 1960, Walter Tosto has forged a reputation for being a top manufacturer of critical, long lead equipment such as heavy wall hydrocracking, hydrotreating, GTL and EO reactors, high pressure heat exchangers for various applications within oil and gas, petrochemical, power and energy, food and pharma markets. With all activities handled in-house, the company perform mechanical design, fabrication and construction of large and critical equipment without limitations in shell thicknesses and component weights, making it a valuable partner to many licensors, EPCs and end-users around the world.

In 2020, a new chapter was signalled with the arrival of an ambitious new Business Development Manager – Bora Aydin. Drawing on his background, he and CEO Luca Tosto have embarked on a diversification exercise into new markets such as hydrogen and decarbonisation. Rather than rely only on established lines of business such as oil and gas, the decision was made to increase activities, expand the product range and build out the company.

The solution - A new taskforce designed to explore these options was established when Bora joined, that team now standing at half a dozen members.

Its initial remit was to conduct R&D work into potential solutions for new markets steered towards clean energy and energy transition, with hydrogen being a particular focus given Bora’s experience in the sector. To date, the team has collaborated on more than 50 prospects and concept projects, with around five moving into full-blown development and production.

The most significant of these is a sustainable hydrogen storage tank that does not

involve the creation of waste metal. Initially the concept was formed in 2021 as just an idea, though it quickly progressed to product development during 2022.

The high-pressure tank can be designed and fabricated for diameters of 2.5-5.5 metres, with the ability to transport by ship or truck. Its purpose is to serve applications where there could be a need for a significant amount of hydrogen production and storage – these include hard-to-abate sectors such as steel, cement, glass production sites, refineries, as well as intermitted renewable power.

Safety has been prioritised, a key feature being an internal coating that minimises risk of hydrogen embrittlement and fatigue of steel. This is a key requirement for potential customers, who are now being approached by Walter Tosto as it formalises its marketing launch and collateral for the product. Early signs are promising, with the firm expecting to receive orders by the end of 2024.

Targeting this market appears to be a savvy move given the direction of travel. The integration of hydrogen storage technology is gaining traction, particularly in its integration with power networks. This approach facilitates the storage of renewable energy in large quantities over extended periods, thus reinforcing the resilience of energy infrastructures. In the EU, a collaborative investment initiative between Germany and Spain worth US$9.82bn is exploring the development of renewable hydrogen storage, the aim being to achieve a hydrogen capacity of 5GW by 2030, with further plans to expand to 10GW by 2040. Globally, according to King’s Research, the hydrogen storage market was valued at more than US$2.5bn in 2022 and is set to grow at a CAGR of almost 15% in the coming years, reaching US$6.74bn by 2030.

With its reputation for reliability, Walter Tosto is well-placed to enter new markets, not least because its longstanding hallmark of quality will be stamped on any product it produces. As the energy transition journey continues, and alternative fuels such as hydrogen assume a greater role, companies which make early moves in creating solutions to support these moves stand to benefit. Walter Tosto, thanks to its ambitious R&D and scaleup strategy, could well be one of those as it brings its hydrogen storage tank to market.

Story type

#energy transition (main category)

#innovation, #technology

Benefits

▸ Having a significant role in the comprehension of safe operation and in the progress for the realisation of innovative hydrogen storage solutions.

▸ Being a leader to deliver industrial solutions for the objectives set out in the developing hydrogen strategy and market.

Key findings

For industry

▸ Enthusiasm! Keep on learning and be modest, accept that you do not know everything.

▸ Always invest in innovation and R&D, don’t ever lead to conclusions without trying first.

For government

▸ Contact with technical people from the industry to understand the challenges they are facing.

Walter Tosto at a glance:

Key products and services: oil and gas, chemical, petrochemical, fertilizers, energy, food & pharma.

Main industries served:

▸ Oil and gas – 59%

▸ Nuclear power – 9%

▸ Others (energy) - 30%

▸ Others (non-energy): food and pharma - 2%

Headquarters: Chieti, Italy

Year established: 1960

Number of employees: 650

Turnover: £94m

Revenue from exports: 95%

Wärtsilä

Sailing side by side with the maritime sector as it ventures towards net zero

Sailing side side the maritime sector it ventures towards net zero

Matteo Natali

VP Marine Strategy

VP Marine Strategy

How is Wärtsilä thriving?

Wärtsilä is proactively investing in decarbonisation technology and alternative fuel solutions to help maritime players meet the net zero emission targets by 2050 set out by the International Maritime Organisation (IMO).

Wärtsilä proactively investing in decarbonisation technology alternative fuel to maritime meet zero emission targets by 2050 set by the Maritime Organisation

The company’s efforts to spearhead this journey have yielded significant results. Wärtsilä is now perceived as a thought and technology leader in decarbonisation. This has led to a significantly stronger market position both in equipment sales and vessel retrofits.

The company’s efforts to spearhead have yielded significant results. a thought and technology in decarbonisation. This has led to stronger market position both equipment sales and vessel retrofits.

The challenge - In July the revised greenhouse gas emissions (GHG) strategy, several targets. This included an enhanced common ambition to reach zero GHG emissions from international shipping by a commitment to ensure an uptake of alternative and near-zero GHG fuels 2030, well as checkpoints for internato reach net GHG emisfor 2030 and 2040.

The challenge - In July 2023, the IMO revised its greenhouse gas emissions (GHG) strategy, outlining several key targets. This included an enhanced common ambition to reach net zero GHG emissions from international shipping by 2050, a commitment to ensure an uptake of alternative and near-zero GHG fuels by 2030, as well as indicative checkpoints for international shipping to reach net zero GHG emissions for 2030 and 2040.

2050 might appear to be distant, it’s for the shipping industry to take immeaction, as vessels ordered today will be in operation by represents an credibly rapid transformation, which will have implications for both the and retrofit markets.

While 2050 might appear to be distant, it’s crucial for the shipping industry to take immediate action, as vessels ordered today will still be in operation by 2050. This represents an incredibly rapid transformation, which will have significant implications for both the newbuild and retrofit markets.

Indeed, the upcoming decade will be pivotal in maritime companies making a significant change, and here, Wärtsilä is working hard to innovate, develop and enhance key supportive maritime net zero solutions.

Decarbonisation can be achieved through different pathways. While short term targets can be reached through asset and operational efficiency, net zero will require a fundamental shift towards sustainable fuels. Looking at the alternative fuel uptake so far, it is clear that the transition is underway already. Currently, about half of the vessel shipbuilding orderbook is designed to operate on alternative fuels, a proportion that is anticipated to steadily grow in the future.

Indeed, the upcoming decade will be pivotal maritime companies making change, and is working hard to develop and enhance maritime net zero solutions. can achieved pathways. short term can be reached through asset and operational efficiency, net zero will require shift sustainable fuels. Lookat the fuel uptake so far, it is that the transition is underway already. Currently, about of vessel shipbuildis designed to on ternative fuels, a proportion that is anticipatto steadily grow in the future.

The - This began to ramp up in after the IMO released its house strategy. Wärtsilä turned its attention to furthering its position as key industry disruptor decarbonisation space.

the laid out an ambitious Fuels looking at how alternative

The solution - This focus began to ramp up in 2018 after the IMO released its first greenhouse gas strategy. Wärtsilä turned the majority of its attention to furthering its position as a key industry disruptor in the decarbonisation space. Here, the company laid out an ambitious Future Fuels Roadmap, looking at how alternative

fuels such as ammonia and methanol could be deployed in the maritime industry. Further, the organisation also pursued strategies in fuel efficiency, looking at everything from energy saving devices to hybrid systems, batteries and voyage optimisation. Moreover, Wärtsilä set itself as a pioneer in onboard carbon capture and storage solutions. The ambition is to drive decarbonisation in maritime, support all decarbonisation pathways and become the preferred business partner of ship owners and operators in their decarbonisation journey.

fuels such as ammonia and could deployed the maritime industry. Further, the organisation also pursued strategies in fuel efficiency, looking at everything energy saving devices to hybrid batteries and Moreover, Wärtsilä itself as pioneer in onboard carbon capture and storage solutions. The is to drive decarbonimaritime, all decarbonisation pathways and become preferred partner of owners operators in their decarbonisation journey.

This strategy has continued to evolve over time as priorities, future fuels and efficiency preferences have changed. That hasn’t been straightforward – leading the transition through costly investments and disruption is risky.

This strategy has continued to evolve over as priorities, future and efficiency have changed. That hasn’t been straightforward – leading the transition through costly investments and disruption

Given the vast array of sustainable fuels to select from, and the anticipated costs in 2030 being significantly higher than today’s fossil-based fuels, shipping operators are understandably unsure about the timing and methods of decarbonisation. This is amplified by the fact that the supply chains for sustainable fuels and associated bunkering infrastructure are still in their infancy. Amid such uncertainty, the inclination might be to procrastinate and postpone action until a clearer path emerges, costs decrease, and technology progresses. However, decarbonisation can only be achieved through proactive measures.

Getting this right has required a combination of efforts. The firm has had to retain a strong market understanding in different markets around the world and maintaining daily contact with its customers. It has also had to establish itself as a thought leader to change the hearts and minds of its clients more effectively, which means evolving from merely being an equipment provider to becoming a strategic partner in ship operators’ journey towards decarbonisation, standing alongside them as technology consultants. Further, it has had to be proactive, moving before others to retain its disruptive edge in the market.

Given vast of fuels to select from, and the anticipated costs in 2030 significantly higher than today’s fuels, shipping operators are understandably unsure about the timing and methods of decarbonisation. This is amplified by fact that the supply chains for sustainable fuels and bunkering infrastructure are still in their infancy. Amid uncerthe might be to nate and postpone action until a emerges, costs decrease, and technology gresses. However, decarbonisation only achieved through proactive measures. this right has required a combination of efforts. The firm has had to retain a strong in different markets the world and maintaining daily tact with its customers. It has also had to tablish itself as a leader to change the hearts and minds of its clients more fectively, which means from being an equipment provider to becoming strategic in operators’ towards decarbonisation, standing alongside them as technology consultants. it has had to be moving before othto retain edge the market.

In support of this, Wärtsilä increased the R&D spending from annual 3% to an annual 4% of net sales, as well as building its internal competence. As part of this, it has launched the Decarb Academy, with 10 e-learning modules for staff members covering everything from technology and regulations to fuel. Here, thousands of its employees have already been trained.

In support of Wärtsilä increased the R&D spending from 3% an annual 4% net sales, as well as building its internal compeAs part it has launched the DeAcademy, 10 e-learning for members everything from technology and regulations to fuel. Here, employees already been trained.

Story type

#energy transition, #transformation

(main categories)

#energy #transformation (main categories)

#environmental sustainability, #innovation, #technology, #people & competency

Benefits

▸ Wärtsilä’s diversification strategy is proving to be successful as it has nearly doubled its market share in future fuels versus conventional fuels.

▸ 90% renewal rate across maintenance agreements.

diversification strategy proving to successful as it doubled its market share in future fuels versus conventional fuels. renewal rate across maintenance agreements.

Wärtsilä at a

Wärtsilä at a glance:

Key products and services: global leader in innovative technologies and lifecycle solutions for the marine and energy markets.

Key products and global leader in innovative technologies and lifecycle solutions for the marine and energy

Main industries served:

Main industries served: Energy: 50%

▸ Energy: 50%

▸ Marine: 50%

Headquarters: Helsinki, Finland

Headquarters:

Year established: 1934

Number of employees: 18,000

Revenue: £5.13bn

Revenue from exports: 95%

significant strides forward on all fronts in its efforts to the maritime energy is readily reaping

the

Having taken significant strides forward on all fronts in its efforts to spearhead the maritime energy transition, Wärtsilä is readily reaping the rewards.

In several areas, the company’s market share in future fuels is remarkably higher versus conventional fuels. For example, while its overall share in four-stroke medium speed main engines stands at 45% as of mid-2024, it is over 70% in alternative fuels. Equally, while its market share for auxiliary engines overall is 15%, it is 25% for alternative fuels.

areas, the company’s share future fuels is higher versus fuels. For example, its share in four-stroke medium stands at 45% as of mid-2024, it is over in alternative fuels. Equally, while its share for auxiliary overall is it is 25% for alternative fuels.

At the same time, the organisation also leads a newly established market involving the upgrading and retrofitting of engines for more efficient and future fuels. Here, the company has seen a over 30% increase in the number of vessels it has under long term maintenance agreements between 2019 and 2023, with 30% of its engines under maintenance agreement in 2023, and a 90% renewal rate across these maintenance agreements. Such statistics are testament to the bold, proactive steps that the company has continued to take. In proactively positioning itself as a market disruptor and thought leader in new energy solutions, Wärtsilä has established itself as a leading technology partner of its clients for the future and positioned itself to capitalise on market developments moving forward.

same time, organisation leads established market involving the upgrading and retrofitting of engines for more efficient and future fuels. Here, the company has seen a over 30% increase the number vessels it has under long term agreements between 2019 and 2023, with of its engines under maintenance 2023, and a 90% renewal rate across these maintenance agreements. Such are testament to the bold, proactive that company has continued to take. positioning itself a market disruptor and thought leader in new solutions, Wärtsilä has established itself as technology partner its clients and positioned itself to on market developments moving forward.

WeConnect Energy

Building up resilience in readiness to enter new verticals

Richard Madden CEO

How is WeConnect Energy thriving?

Launching on the eve of the global financial crisis in 2008, WeConnect Energy has successfully navigated its early challenges and entered a new chapter of its journey. By diversifying into the corporate and low carbon recruitment markets, the company is leveraging its built-up resilience. This strategic shift is making significant progress possible in key regions such as the GCC, where National Oil Companies (NOCs) are looking to future-proof their operations in alignment with energy transition priorities.

The challenge - For any enterprise setting up in 2008, the timing could be considered extremely unfortunate. Few saw the global financial crisis coming, an event which put many startups and established companies alike out of business.

Getting a specialist oil and gas recruitment business off the ground is challenging enough without such trying circumstances. Yet this is exactly the reality that faced Edinburgh-based WeConnect Energy. Set up to support oil and gas firms fill highly skilled upstream positions, it drew on its experience in subsurface and drilling, and the well-established networks they had built up in this time.

The financial crisis provided the ultimate test of the company’s viability and resilience. During its early years, maintaining financial stability was the primary goal, a journey which involved overcoming numerous challenges and a whole heap of entrepreneurial spirit.

Now, that resilience is being leveraged to help WeConnect Energy diversify beyond oil and gas.

The solution - This process, which kicked off around September 2022, has involved the creation of a renewed mission and vision – to connect the world’s energy experts in a way that aligns with the global energy needs of today and the future.

The first step was a simple one. Up to this point, the company was known as Subsurface Global, a brand which its leadership determined was not the right fit with the new vision. A new brand name, WeConnect Energy, was thus born in September 2023, with the next key task being to bring all colleagues on board.

In parallel, WeConnect Energy has launched a division dedicated to low carbon and renewables, attracting talent from rival companies to bolster its expertise in these areas. This strategic expansion is not a departure from the oil and gas sector but an inclusive approach to serve a wider range of energy sectors, including corporate and low carbon clients primarily in the UK and UAE markets.

Crucially, the company recognises the significant opportunities presented by existing clients in the oil and gas sector as they navigate their path towards decarbonisation and engage with the energy transition. WeConnect Energy is committed to supporting these clients through this transition, demonstrating an exciting potential to explore new ideas and collaborations within the evolving energy landscape.

Indeed, there is no reason why WeConnect Energy cannot replicate a similar model to the one which has seen it succeed in the oil and gas space to this point – one based around building up networks and communities of experts. Initial sectors being targeted include offshore wind, carbon capture and hydrogen, with the new team investing time and resources into building connections and raising the WeConnect Energy profile. In time, the aim is to expand into the nuclear market.

Along the way, the company will no doubt continue to encounter teething issues. To date, these have included onboarding longstanding staff deeply involved in the traditional business, as well as convincing existing and prospective clients that WeConnect Energy is taking the low carbon world seriously. At the same time, it is important for the current client base to feel as if they are not being left behind.

Evidence of the approach working can be found in the UAE. Here, WeConnect Energy is already closely aligned with NOCs to provide new skills as they transition into low carbon endeavours, offering services such as executive search, permanent recruitment, contracting individuals and consultancy services around building new teams.

In terms of numbers, it is difficult to quantify the success of the strategic pivot given its nascent state. That said, in 2023 the

Story type

#scale up (main category)

Benefits

▸ First time recording 5% of income from non-oil and gas business.

▸ Turnover quadrupled between 2020 and 2023.

Key findings

For industry

▸ Major operators can do more to be advocates for net zero and the diversification of the energy matrix.

▸ Build good teams of people to navigate market changes, the world evolves quickly and adaptability is key.

For government

▸ Enable an orderly transition and avoid another coal vacuum.

▸ Give enough resources for the supply chain to bring the transition to life.

WeConnect Energy at a glance:

Key products and services: specialist recruitment and contracting company for the energy sector.

Main industries served:

▸ Oil and gas – 95%

▸ Others (energy): corporate, low carbon – 5%

Headquarters: Edinburgh, UK

Year established: 2008

Number of employees: 21

Revenue: £22m

Revenue from exports: 65%

company generated 5% of its income from non-oil and gas related activities for the first time. This is a promising sign, especially given the firm is steadily growing turnover year on year, with revenues quadrupling between 2020 and 2023.

Whessoe Engineering

Removing a barrier to entry for liquid hydrogen

Jane Tucker Business Development Director

How is Whessoe Engineering thriving?

Having relied on traditional energy markets such as liquified natural gas to sell its storage tank design solutions to for many years, Whessoe Engineering reached a point where it knew diversification was the key to securing its future. Identifying the hydrogen sector as a space where it could add value, the company has designed a liquid storage tank which solves a crucial problem in making H2 a viable alternative fuel of the future.

The challenge - With roots dating back all the way to 1790, Whessoe Engineering boasts a hugely rich legacy in the engineering and contracting space that very few companies can dream of rivalling.

Over the past four decades, the firm has concentrated on specialising its expertise in the storage and handling of liquefied gases, including cryogenic, low-temperature and pressurised forms. Today, Whessoe’s extensive experience and deep knowledge position it as a trusted authority in this highly technical field, enabling it to provide innovative solutions that meet the unique challenges of working with liquefied gases across a wide range of applications and industries.

However, no company which has been in existence for over 200 years can survive this long without adapting to changing market conditions and dynamics. In recent times, Whessoe’s leadership recognised the need to evolve once again, not least due to the global trend towards green energy and alternative fuels such as hydrogen.

The solution - After considering several diversification strategies, the company decided to concentrate on developing a storage tank solution liquified hydrogen and improve their solution for ammonia.

Hydrogen’s potential as an alternative fuel is well documented. However, there are three key barriers to entry, including the cost required to cool and convert it to liquid, and complexities around shipping it from one place to another.

The third barrier is storage. Knowing it housed the expertise to develop a solution, Whessoe Engineering soon recognised the opportunity available if it could help the sector overcome this obstacle and bring hydrogen closer to full realisation as a viable fuel.

A hydrogen roadmap was devised by the company and its parent in 2020, with the parent firm agreeing to fund the development of a new liquid hydrogen storage tank.

Work on the tank design started in 2021, the project progressing through various stages over the ensuing years. The process started with a significant amount of research and time being invested in carrying out a basic design of a 40,000 cubic metre tank to prove the concept. In addition, several major considerations and potential challenges were investigated, including the need to deal with extreme temperatures, vacuum options and anticipating what customers’ needs would be in the future.

After this, more than a year was spent in the detailed design phase, with DNV providing third-party approval of the design in 2023. Today, testing and optimisation continues as Whessoe enters the final stage of its roadmap.

In terms of turning this into a real business opportunity, Whessoe does not expect monetisation to begin in the immediate term, the motivation for the project being a desire to remain ahead of the curve.

With that said, the company has received expressions of interest from a party which outlined the need for several 40,000-cubic-metre tanks. There is also interest coming from the shipbuilding industry, which is seeking to get ahead of the game and find solutions to storing hydrogen on vessels for transportation.

Internally, the project has also brought many positives. Its engineers have been challenged to think differently and thrived in the opportunity to work on something new and truly innovative, and in the longer term, Whessoe sees this as a way of attracting and engaging new employees.

The most important success factor, however, is the solving of the ‘how do your store it’ conundrum which has been cause for hesitancy in hydrogen uptake. With a viable solution in the offing, Whessoe could well help to unlock this alternative fuel as a key component of the energy transition.

Story type

#energy transition (main category) #diversification, #technology

Benefits

▸ New way of attracting and engaging new employees developed.

▸ Company read for the industry’s future needs.

Key findings

For industry

▸ Decide whether you are committed to a greener future or not without the governments backing. Put your money where your mouth is.

For government

▸ Consider pushing for a global carbon tariff scheme.

Whessoe Engineering at a glance:

Key products and services: engineering, procurement, construction and commissioning (EPC&C) services.

Main industries served:

▸ Energy storage – 100%

Headquarters: Darlington, UK

Year established: 1790

Number of employees: 60

Revenue: £7m

Revenue from exports: 100%

Wood

Designing a better future

Daniel Carter President of Technical Consulting and Decarbonisation

How is Wood thriving?

Wood is focused on addressing two macrolevel challenges for its clients – finding practical and innovative ways to reduce carbon intensity, and harnessing the power of data, automation and AI to drive efficiencies.

From energy and mining to chemicals and life sciences, all clients are looking for ways to become more sustainable. For Wood, this has presented opportunities to design solutions that will enable its clients to reduce emissions while optimising the efficiency of their assets. Almost every scope it delivers today has a decarbonisation element, representing one of the fastest-growing areas of the business.

In parallel, Wood is working with clients to increase output, reduce cost, and improve safety all while reducing emissions through data-driven insights. From supporting early concept studies to extending the life of industrial assets, the company strongly believes that its combination of subject matter expertise alongside the power of digital can drive significant value.

The biggest challenge facing industry is how to deliver these results at pace. Progress cannot be achieved through talk alone. There is a great opportunity to design a more evolved and diverse energy ecosystem, one that is secure, sustainable and equitable, it just needs urgent action to accelerate.

The challenge - Operating globally to devise and design solutions across the energy and materials markets, gives Wood a wealth of delivery and project data. This enables it to pinpoint trends, better advise clients on investible and viable projects and identify the most critical challenges. The company has seen significant demand for its subject matter experts as clients look to strike the balance between designing new industrial assets and optimising or extending the life of their current portfolio – driving efficiency, lowering carbon, reducing cost, and improving safety.

The solution - A multi-dimensional operating environment requires Wood to have multidimensional thinking. As a people business, it boasts some of the industry’s most remarkable subject matter and deep domain experts. This combined with its knowledge of implementing new and evolving technologies has allowed Wood to establish pathways and designs that will not only deliver cost-effective and efficient solutions but also drive the future of industry and enable the scalability of critical solutions. There are several exciting examples of this, with a particular focus on decarbonisation and the deployment of digital tools.

Partnering with OMV, Wood has been working to deploy ReOil, an innovative, chemical-based, plastics recycling technology that will create a circular economy for end-of-life plastics. With its client Teck Resources in Canada, the company is designing a first-of-its-kind carbon capture solution deployed on a zinc and lead smelter. Within digital, it has invested in the development of AI tools to help reduce emissions and optimise maintenance efficiency. In one case, Wood’s AIdriven predictive maintenance tool has helped a client in the North Sea reduce maintenance costs by 25%. As a result of this digital success, Wood has been recognised as a leader in digital solutions for asset management by leading independent research and advisory firm, Verdantix.

The firm has also completed the front-end engineering and design (FEED) scope for the first phase of Saudi Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub, upon completion. With an ambition to further reduce carbon emissions from its upstream operations, the first phase of the ACCS project intends to capture carbon emissions from Aramco gas plant facilities near Jubail, on the east coast of Saudi Arabia, as well as from thirdparty emitters. This approach enables Wood to ensure the sustainability of Aramco’s core oil and gas operations, a core driver for the Saudi economy, while simultaneously introducing

Story type

#transformation (main category)

#digital

#energy transition

#people & competency

Benefits

▸ Sustainability-related projects accounted for 22% of Wood’s revenue in 2023.

▸ Internal transformation to reduce employee turnover and improve retention.

Key findings

For industry

▸ It’s important to recognise when change is needed, and then make sure the change is ‘focused’.

▸ Operators must be more proactive and less reactive to build sustainable decarbonisation pathways.

For government

▸ More consistency is needed in general. The supply chain takes longer to react to government change and needs this consistency to invest and grow in the right areas.

Wood at a glance:

Key products and services: consulting and engineering.

UK Headquarters: Aberdeen, UK

Year established: 1982

Number of employees: 36,000

Revenue: £7.08bn

cutting-edge technologies. Beyond this, Wood also collaborated with Aramco on its Digital Twin & Transformation frameworks to identify and rank 100+ opportunities during the prefeed and feed phases of the Safaniyah and Manifa Project, enabling significant efficiencies and cost avoidances during the EPC phase. In the face of all the challenges, there are significant opportunities. While the solutions to diversifying Wood’s energy and materials sectors are not linear, the company has proven throughout its long history that it excels in the complex.