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Business Developments & Projects

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Trinity Exploration & Production
Business Developments & Projects

Fire breaks out at offshore oil platform, leaving four injured

Trinity Exploration & Production has confirmed that a fire broke out at one of its platforms working at an oil field offshore Trinidad.

about 3 years ago
GCMD taps Lloyd’s Register for LCO2 offloading concept study
Business Developments & Projects

GCMD taps Lloyd’s Register for LCO2 offloading concept study

The Global Centre for Maritime Decarbonisation (GCMD) has joined forces with Lloyd’s Register (LR) for a concept study on offloading liquefied CO2 (LCO2) captured onboard ships.

about 3 years ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Business Developments & Projects

As OPEC+ production cuts take hold, Brent crude oil spot price forecast jumps to $85 per barrel

The U.S. Energy Information Administration (EIA) has slightly revised its forecasts, reducing OPEC production for the rest of 2023.

about 3 years ago
Illustration; Source: API
Business Developments & Projects

U.S. urged to fix ‘broken’ permitting process to bolster American energy development

The American Petroleum Institute calls on the Biden administration to address the broken permitting process halting U.S. energy development.

about 3 years ago
RVO, EnBW issue offshore wind contract notices
Business Developments & Projects

RVO, EnBW issue offshore wind contract notices

The Netherlands Enterprise Agency (RVO) and Germany-based EnBW have issued contract notices seeking services for the development of offshore wind farms in the Doordewind wind farm zone and in the German Exclusive Economic Zone (EEZ), respectively. RVO aims to publish a tender around the end of May o

about 3 years ago
AHTS Skandi Vega; Source: DOF
Business Developments & Projects

New long-term assignment for DOF vessel

Norway’s DOF Group has secured a new long-term contract for one of its anchor handling tug and supply (AHTS) vessels with Equinor.

about 3 years ago
With approval in place, Energinet to start €65.2M subsea cable replacement project
Business Developments & Projects

Energinet gets green light for €65.2M subsea cable replacement project

The Danish Ministry of Climate, Energy and Supply has approved Energinet’s application for the replacement of a submarine cable that passes across Øresund connecting Denmark and Sweden. With the approval in place, Energinet can now begin the project to replace System 2 on the 400 kV cable connection

about 3 years ago
MultiPLHY project: Sunfire installs world’s largest SOEC electrolyser
Business Developments & Projects

MultiPLHY project: Sunfire installs world’s largest SOEC electrolyser

Germany-based company Sunfire has installed the world’s largest SOEC electrolyser as part of the MultiPLHY project in Rotterdam, the Netherlands. According to Sunfire, it is the first multi-megawatt high-temperature electrolyser installed for the production of green hydrogen in an industrial environ

about 3 years ago
Shell, HPA to explore decarbonising ports through vessel electrification
Business Developments & Projects

Shell, HPA to explore decarbonising ports through vessel electrification

Shell Marine and Hamburg Port Authority (HPA) have signed an MSP Memorandum of Strategic Partnership (MSP) to explore decarbonizing ports through areas such as vessel electrification and the development of charging networks.

about 3 years ago
Illustration/Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Business Developments & Projects

Nova Innovation enters floating solar market, with first installation set for Scotland

Scottish company Nova Innovation has expanded its tidal energy product portfolio with the addition of floating solar technology, announcing also plans for the installation of Scotland’s first array of floating solar panels later in 2023.

about 3 years ago
Two final offers in for Denmark's first CCUS subsidy pool
Business Developments & Projects

Two final offers in for Denmark’s first CCUS subsidy pool

The Danish Energy Agency has received two final offers related to Denmark’s first tender for the carbon capture, utilization and storage (CCUS) subsidy pool, with a contract expected in May. The Danish Energy Agency announced in August 2022 that three applicants – I/S Vestforbrænding, Ørsted Bioener

about 3 years ago
Liquid hydrogen swappable storage solution for ships in the making
Business Developments & Projects

Liquid hydrogen swappable storage solution for ships in the making

The Sustainable Hydrogen Powered Shipping Project (sHYpS), which is centred around the idea of developing a liquid hydrogen (LH2) swappable storage solution for multiple types of vessels, is gaining ground. Launched in the summer of 2022, the sHYpS project gathers 13 partners in six countries with a

about 3 years ago
HyVelocity team applies for US DOE hydrogen hub funding
Business Developments & Projects

HyVelocity team applies for US DOE hydrogen hub funding

The HyVelocity Hub team has put in an official application for funding from the US Department of Energy’s (DOE) $8 billion Regional Clean Hydrogen Hubs programme. The application came after the team received encouragement from DOE to apply for the funding. To note, the team submitted an initial conc

about 3 years ago
One Sea and ESA join forces on autonomous shipping
Business Developments & Projects

One Sea and ESA join forces on autonomous shipping

One Sea Association and the European Space Agency (ESA) have signed a Memorandum of Intent (MoI) to promote the development of new space-enabled services which will support the maritime sector’s transition towards autonomous shipping.

about 3 years ago
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