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Gen2 Energy and SEFE discuss potential green hydrogen supply for Germany and North-West Europe
Business Developments & Projects

Gen2 Energy and SEFE discuss potential green hydrogen supply for Germany and North-West Europe

Norwegian green hydrogen company Gen2 Energy and Germany’s Securing Energy for Europe (SEFE), former Gazprom Germania GmbH, have signed a memorandum of understanding (MoU) to pursue an offtake agreement for compressed green hydrogen. On 6 January, the companies said they were discussing a long-term

about 3 years ago
AYRO
Business Developments & Projects

WHISPER wind-assisted ship retrofit project gets financial boost from EU

An energy transition project comprised of 14 partners, WHISPER, has been granted €9,2 million in funding from Horizon Europe, which will include retrofitting ships to achieve emission reductions.

about 3 years ago
India approves National Green Hydrogen Mission
Business Developments & Projects

India approves National Green Hydrogen Mission

The Union Cabinet of India, chaired by PM Shri Narendra Modi, has approved the National Green Hydrogen Mission, which aims to make the country a global hub for the production, utilisation, and export of green hydrogen and its derivatives, as well as help it become energy independent while also decar

about 3 years ago
UK firm emerges from Chapter 11 with FPSO charter for giant oil & gas project as ‘one of the key drivers’
Business Developments & Projects

UK firm emerges from Chapter 11 with FPSO deal for giant oil & gas project as ‘one of the key drivers’

UK-based energy services provider Altera Infrastructure has emerged from Chapter 11 bankruptcy, a few months after filing for it.

about 3 years ago
Danish TSO seeking supplier of 145 kV submarine cable system
Business Developments & Projects

Danish TSO seeking supplier of 145 kV submarine cable system

Danish transmission system operator (TSO) Energinet has issued a tender looking for a provider of a 145 kV submarine cable system. Energinet seeks a provider of an approximately 12-kilometer 145 kV submarine cable system, including all labor, equipment and materials required for design, fabrication

about 3 years ago
LNG Easy to develop new LNG carrier designs
Business Developments & Projects

LNG Easy to develop new LNG carrier designs

Singapore-based LNG Easy, a distributor and provider of LNG infrastructure, has reached a long-term mutually exclusive commercialisation agreement to develop new LNG carrier designs based on B type cargo containment system (CCS). The company signed the agreement with Shangai-based marine environment

about 3 years ago
PanGeo Subsea officially becomes Kraken Robotics
Business Developments & Projects

PanGeo Subsea officially becomes Kraken Robotics

The PanGeo Subsea brand and company name have changed to Kraken Robotics as of 1 January 2023, following the completion of the acquisition by the Canadian company in 2021. To remind, Kraken Robotics entered into a non-binding letter of intent (LOI) to acquire PanGeo Subsea in April 2021. The Canada-

about 3 years ago
Acquisition to lift North Sea player into top 10 UK producers
Business Developments & Projects

Acquisition to lift North Sea player into top 10 UK producers and strengthen its oil & gas portfolio

UK-based oil and gas player Serica Energy has outlined the strategic rationale behind its proposed acquisition of Tailwind Energy Investments.

about 3 years ago
Aker Solutions to deliver FPSO upgrade for Equinor's huge oil and gas project
Business Developments & Projects

Aker Solutions to deliver FPSO upgrade for Equinor’s huge oil and gas project

Aker Solutions has secured an engineering, procurement and construction (EPC) contract from Altera Infrastructure for the complete upgrade of a floating production storage and offloading vessel (FPSO) to be redeployed at an Equinor-operated oil and gas field offshore UK. Under the contract defined a

about 3 years ago
Nel and Statkraft give boost to hydrogen value chain in Norway
Business Developments & Projects

Nel and Statkraft give boost to hydrogen value chain in Norway

Norway’s hydrogen technology company Nel and supplier of renewable energy Statkraft have partnered up on green hydrogen in Norway and signed a contract for 40 MW electrolysers. The companies said the electrolyser stacks will be produced at Nel’s manufacturing plant at Herøya and used for the product

about 3 years ago
Petronas taps JGC and SHI for first nearshore floating LNG plant
Business Developments & Projects

Petronas taps JGC and SHI for first nearshore floating LNG plant

A consortium of JGC Corporation and Samsung Heavy Industries (SHI) has secured an engineering, procurement, construction and commissioning (EPCC) contract with Petronas for the first nearshore floating LNG facility project in Malaysia. The planned facility is set to become the first nearshore floati

about 3 years ago
ABS, HD Hyundai team up on autonomous technology for ships
Business Developments & Projects

ABS, HD Hyundai team up on autonomous technology for ships

American classification society ABS and South Korean HD Hyundai have signed a memorandum of understanding (MoU) to collaborate on autonomous technology for ships.

about 3 years ago
Jack-up rig kicks off drilling campaign off Gabon
Business Developments & Projects

Jack-up rig kicks off drilling campaign off Gabon

BW Energy has spudded the first well in its multi-well drilling campaign offshore Gabon with a Borr Drilling-owned jack-up rig.

about 3 years ago
Shelf Drilling jack-up rig gets new three-year gig
Business Developments & Projects

Shelf Drilling jack-up rig gets new three-year gig

UAE-based offshore drilling contractor Shelf Drilling has won a long-term deal for one of its jack-up rigs for operations offshore India.

about 3 years ago
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