Subsea – A Strategic Industrial Stronghold in Transition

The Eastern Norway region has long been home to world-leading subsea engineering environments – forming the foundation for what was originally established as Subsea Valley. In 2019, the cluster was renamed Energy Valley to reflect a broader commitment to the energy transition and a stronger emphasis on renewable technologies.

Still, a majority of Energy Valley’s 100+ members remain strongly anchored in subsea – particularly in the oil and gas sector. Over time, many have expanded their focus to support offshore wind, subsea cables and pipelines, carbon storage, and seabed minerals.

This TechThursday explores how subsea technology and innovation continue to evolve – not just as legacy infrastructure, but as a key enabler for the future energy system.

Agenda

08:00–08:05 | Welcome and Introduction
By Energy Valley
 – From Subsea Valley to Energy Valley
 – Subsea expertise as a foundation for innovation, export, and cross-sector growth
 – Broader applications: oil & gas, offshore wind, subsea infrastructure, minerals

08:05–08:45 | Expert Presentations (5–6 minutes each)
Moderator: Energy Valley

Init, Espen Trengereid, COO
Topic: Modular Subsea Control and Power – Scalable Building Blocks for the Seabed
→ Compact subsea drives and autonomous, high-integrity safety systems based on COTS components and standardized architecture4Subsea

Aker Solutions, Egil Birkemoe, VP for Business Development Subsea Power
Topic: Subsea technologies for offshore wind and other renewables
 → Scaling full-field systems with focus on efficiency and flexibility

Kongsberg Maritime, Rubem Prandi, Technical Sales Manager
Topic: K-SEM: Enabling Subsea Digitalization
→ Driving Innovation, Supporting Emerging Technologies, and Unlocking Operational Efficiency

Equinor, Erik Frimanslund, Senior manager (leder Subsea products & technology i Global Operations Technology i EPN)
Topic: Operator Perspective: What Will the Subsea Supplier of the Future Look Like?
 → Field needs, innovation expectations, and the role of collaboration

ABB, Asmund Maeland, Group Senior Vice President
Topic: Subsea Solutions for Floating Offshore Wind
→ Power distribution, protection, and automation for the next generation of offshore renewable systems

08:45–09:00 | Joint Q&A and Wrap-Up
 – Moderator-led Q&A
 – Reflections on key trends and opportunities for subsea in the energy transition

09:00–09:30 | Bonus Session: Extended Q&A and Discussion
 – Optional participation
 – Open floor for audience questions, dialogue and company-specific follow-ups

AI Energy Cluster – Hva, hvorfor og hvordan?

Energy Valley inviterer til et kort og effektivt informasjonsmøte for å presentere søknaden om opptak i klyngeprogrammet NIC Connect med initiativet AI Energy Cluster – en nasjonal satsing for å styrke AI-kompetansen i energisektoren.

AI Energy Cluster samler ledende aktører fra energi, teknologi og forskning for å:

• koble industriens behov med AI-kompetanse
• akselerere utvikling av datadrevne løsninger for energiomstilling
• bygge en varig plattform for samarbeid og innovasjon

Agenda

Velkommen og formål – v/ Energy Valley (2 min)

Hva er AI Energy Cluster? – kort introduksjon til konseptet, ambisjoner og struktur (5 min)

Slik kan din virksomhet delta – og hva vi ber om nå (3 min)

Q&A og åpen dialog (15 min)

Hydrogen, ammonia, e-fuels and batteries are emerging as key enablers in future energy systems – serving as links between generation and end-use, and offering significant export potential.

In TechThursday #4, we aim to explore the technology landscape, market outlook, and development challenges of energy carriers. We are planning contributions from actors such as H2Carrier, SOREN Hydrogen, CELLTECH, ABB, Honeywell and others – to provide insight into how Norwegian companies can lead the way in technology development and system integration.

The event will conclude with a panel discussion on how to align production, infrastructure, financing and regulation – to realize competitive value chains for energy carriers across Norway and Europe.

Theme: How do energy carriers connect production and consumption in future energy systems, and what is the current status of technologies and value chains for hydrogen, ammonia, e-fuels, and batteries?

Agenda

08:00–08:05 | Welcome and Framing Remarks
 by Energy Valley
 – The role of energy carriers in the energy system
 – Export potential and system integration

08:05–08:45 | Expert Presentations (5–6 minutes each)
 Moderator: Energy Valley

• H2Carrier AS
   Raymond Bjøntegård, COO
   Floating Ammonia – Value Chains and Global Market Outlook
   “Industrial concept, export opportunities, and market momentum”
  
• HYREX
  Eirik Malterud, CEO
  Hydrogen at Sea: Unlocking the Range Potential in Sall and Medium Sized Vessels
  “Bridging the gap, infrastructure needs and technical readiness”
• Vergia AS
   Martin Kjäll-Ohlsson, EVP / Managing Director
  Investing in Green Hydrogen – Building Value Through Scalable Projects
  “How institutional capital and hands-on project development can accelerate green hydrogen deployment in Europe“
  
• OsloMet
   Dr. Behrouz Arash, Battery Research Lead
   Advanced Battery Technologies – Enabling Local Energy Carriers
   “Urban use cases, material innovation, and energy system impacts”
  
• IFE
   Ragnhild Hancke, Head of Hydrogen Department
   Hydrogen Infrastructure and System Integration
   “Hydrogen from renewables – the need to design for flexibility”

08:45–09:00 | Joint Q&A and Closing Discussion
 – Moderator-led Q&A with all speakers
 – Reflections on what is needed to scale energy carriers in Norway and Europe

CCS and CCUS are key technologies in the effort to decarbonize heavy industry and energy production — but how do we move from pilot projects to profitable value chains?

In TechThursday #2, we explore how carbon capture and utilisation (CCUS) can evolve into viable commercial models. Through focused presentations, you’ll gain insights into technological solutions, market opportunities, and regulatory drivers.

We will discuss how Norway can build competitive advantages across the CO₂ capture, transport, and utilisation value chains — and how industry, technology providers, and financiers must collaborate to succeed.

Agenda

08:00–08:05 | Welcome and Introduction
by Energy Valley
-CCS/CCUS as part of the energy transition and Norway’s green industrial push
-European and global technology and market trends
-Export potential and collaboration opportunities for Norwegian industry


08:05–08:50 | Industry Perspectives: From Capture to Commerce
Moderator: Energy Valley
Each speaker gets 5–6 minutes to highlight commercial, operational, and technological perspectives:

Eksfin: Lena Devold, Senior Advisor.
Topic: “Financing CCS: Tools to Enable Export-Oriented Carbon Projects”

Equinor: Kyla Bishop, Principal Technician.
Topic: “CCS and CCUS at Scale – Building Industrial Value Chains”

Equinor: Haakon Hokstad, Commercial Manager.
Topic: “Northern Lights: Transport and Storage – Enabling the CCS Infrastructure Backbone”

Aker Solutions: Jan Christian Hübert, VP CCUS & Hydrogen Solutions
Topic: “Aker Solutions views of standardisation within CCS Value Chain – Lessons from Longship”

SLB Capturi: Cathrine Karlsen, Commercial Manager Norway.
Topic: “Deploying Carbon Capture in the Field“

DNV: Elisabeth Rose, Senior Principal Consultant
Topic: “A Status of Carbon Capture Deployment – project performance and Risk“

Honeywell: Baishakhi Bhattacharyya, Growth Leader Sustainable Fuels and Chemicals

Topic: ’’Introduction to Honeywell UOP Carbon Capture Solutions and Automation & Digital Solutions”


08:50–09:30 | Panel Discussion and Audience Q&A
Topic: What must be in place to build commercially viable and exportable CCS/CCUS value chains?

Panelists:

• Lena Devold (Eksfin)
• Jan Christian Hübert (Aker Solutions)
• Kyla Bishop (Equinor)
• Haakon Hokstad (Equinor)
• Cathrine Karlsen (SLB Capturi)
• Tom Arne Bakken (DNV)
• Baishakhi Bhattacharyya (Honeywell)

Moderator: Energy Valley

Register now!

TechThursday is Energy Valley’s 2025 webinar series exploring key dimensions of the energy system – from production, storage and distribution to digital solutions and enabling technologies. We begin the series with a strategic high-level outlook:

Norway possesses world-class technologies and expertise. But what are the key drivers that will determine whether Team Norway succeeds in positioning itself and exporting energy technology in a rapidly evolving global system?

In this first webinar, we hear from three central actors – Statkraft, Equinor and DNV – all of whom work actively with scenario-based energy analysis. They will share insights into how the energy system is evolving and what it will take for Norway to build competitive strength in the global energy transition.

Welcome to TechThursday #1 – a platform for insight, discussion and strategic dialogue on the future of the energy industry.

Agenda

08:00–08:10 | Welcome and Introduction by Energy Valley

• What is TechThursday?

• Purpose of the series and today’s session

• Overview of Energy Valley’s 2025 activities

08:10–08:25 | Statkraft, Arne Lind

From Energy Components to System Coherence: Strategic Perspectives on the Green Transition

• Overview of how energy systems work today and their main components
• How Statkraft uses energy system modelling for strategic insights
• Key drivers and structural challenges in achieving a balanced green transition

08:25–08:40 | Equinor, Uma Ranganathan

From Source to System: Rethinking Energy in a Connected World

• Moving from resource extraction to system integration
• Scenario-based thinking and Norway’s strategic system role in Europe
• Building system value through infrastructure, partnerships, and innovation

08:40–08:55 | DNV, Ole Andreas Flagstad

Norway in the Global Energy Transition: Risks, Realities and the Road Ahead

• Norway’s transition path and current emissions gap
• Global drivers shaping competitiveness and system risks
• Importance of robust value chains and scalable power generation

08:55–09:00 | Joint Q&A

– Summary and audience questions

09:00–09:30 | Open Discussion (Optional)

– Moderated panel discussion with speakers

– Focus: How to position Team Norway for success by 2030 and 2050

Register now!

Following the success of the 2022-2023 Global Growth program, where over 70% of participating companies either strengthened their presence or successfully entered the GCC markets, Team Norway is gearing up for an exciting new phase in 2025!

The GCC countries – Saudi Arabia, UAE, Oman, Qatar, Kuwait, and Bahrain – present significant opportunities for Norwegian petroleum service companies. With an estimated $738 billion in investments projected for the upstream oil and gas (O&G) sector in the MENA region from 2023 to 2030, the potential is vast. As Saudi Arabia leads the charge with $234 billion allocated for investment through 2030, and the UAE follows with $75 billion, the region is brimming with potential for growth.

Saudi Arabia – with the largest drilling activities and plans to increase production to over 13m b/d, the country offers attractive opportunities in several disciplines.

UAE – planning to increase oil production from 4m to 5m b/d, creating significant upstream opportunities.Qatar – aiming to become the largest producer of LNG, Qatar is drilling several wells and has plans to expand LNG terminals and build 100+ LNG vessels across several yards.

Kuwait – after successfully drilling two offshore wells with significant reserve discoveries, Kuwait plans to drill 40 more offshore wells.

Oman – with 1m b/d production and challenges related to HPHT and water-cut requires advanced technologies.

Bahrain – with a production of 0.5m b/d is actively looking for new technologies to expand its production.

Join us for this webinar to discover more about the program and gain valuable market insights on the latest developments in the GCC energy and petroleum sector.

When: Friday, April 4, 2025, at 09:00am-10:00am (CET) / 11:00am-12:00pm (GST)
Where: Microsoft Teams (access link will be shared later)

Agenda:

GCC market updates – NORWEP

GG program overview – Innovation Norway Middle East

Register now

Welcome to the mini-webinar where we take a closer look at how companies and governments in Europe and Norway relate to sovereignty in an era characterized by artificial intelligence, cloud-based platforms and regulatory uncertainty.

The term “Sovereign AI” is not only about data security, but also about strategic control over infrastructure, models and value chains – and the role this plays in the development and implementation of AI solutions.

How can we develop AI solutions that are compatible with new requirements for privacy, data security, and technological independence? What does this mean for organizations’ cloud strategies and vendor choices?

Today’s two presentations provide different perspectives on how Sovereign AI affects both technology choices and business models, followed by discussion and opportunities for participation from the audience.

Agenda

08:15–08:20
Welcome and introduction
The moderator introduces the theme, the structure of the day and the speakers.

08:20–08:35: Kim Næss, Cognizant

Sovereign AI: Strategic ownership of data and AI in the cloud

08:35–08:50: Ivar Aune, Capgemini

Sovereign AI: Data sharing, openness, and relevant use cases

08:50–09:00
Q&A and input from the audience

09:00–09:30 (optional extension)
Discussion and open dialogue
Deep dive into issues with participants and speakers.