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North Sea Link begins regular operations
Business Developments & Projects

North Sea Link begins regular operations

The 1,400 MW North Sea Link (NSL) interconnector that links the UK and Norway has paid off its carbon cost of construction after operating for six months, said the UK National Grid, which operates the project together with the Norwegian Statnett. This first power interconnector between Norway and th

about 3 years ago
DNV to support green hydrogen standard implementation
Business Developments & Projects

DNV to support green hydrogen standard implementation

The Green Hydrogen Organisation (GH2), a non-profit foundation under Swiss law, has appointed assurance and risk management expert DNV to support the assessment of green hydrogen projects in accordance with the Green Hydrogen Standard. GH2 launched the Green Hydrogen Standard at the Green Hydrogen G

about 3 years ago
A photo of the first wind turbine being installed at Huadian Guangdong Yangjiang Qingzhou III
Business Developments & Projects

Chinese city plans 43.3 GW offshore wind development, green hydrogen production

The municipal government of China’s city of Chaozhou, Guangdong Province, has issued a new five-year plan for energy development which, among other things, kick-starts preliminary work on the potential development of two offshore wind projects with a total capacity of 43.3 GW. Green hydrogen product

about 3 years ago
Equinor reveals document shedding more light on development of Barents Sea project
Business Developments & Projects

Equinor reveals document shedding more light on Barents Sea project development

Equinor has decided to issue a complementary assessment for the development and operation of a field located in the Barents Sea off Norway.

about 3 years ago
NYK advances study on generating biofuel from organic waste onboard ships
Business Developments & Projects

NYK advances study on generating biofuel from organic waste onboard ships

Japenese shipping company Nippon Yusen Kabushiki Kaisha (NYK) is advancing its study on generating biofuel from the organic waste stored onboard oceangoing vessels with a new memorandum of understanding (MoU). NYK has signed an MoU with Astomos Energy, an LPG distributor, and Sustainable Energy, a c

about 3 years ago
Port of Newcastle
Business Developments & Projects

World’s 1st bulker powered by wind sails into Port of Newcastle

The world’s first bulk carrier to be partially powered by wind, the Shofu Maru, sailed into the Port of Newcastle this morning on its maiden voyage. The 100, 422 dwt bulker, owned by Japanese shipping company Mitsui O.S.K. Lines (MOL), was delivered on October 7, 2022. The vessel is the first of its

about 3 years ago
PGS taking Ramform Titan offshore Namibia
Business Developments & Projects

PGS taking Ramform Titan offshore Namibia

Norway’s PGS is set to mobilize the seismic vessel Ramform Titan for a new 3D exploration acquisition project offshore Namibia. PGS did not reveal any details about the project but did state that it had secured the contract with a “major energy company”. Ramform Titan will mobilize for the survey an

about 3 years ago
Blackford Dolphin - Dolphin Drilling
Business Developments & Projects

Dolphin rig heading to Las Palmas to prepare for contract in Nigeria

Dolphin Drilling’s Blackford Dolphin rig is heading to Las Palmas, Spain where it will be prepared for its upcoming contract in Nigeria.

about 3 years ago
H2 Industries develops solution to convert flaring gas into clean hydrogen
Business Developments & Projects

H2 Industries develops solution to convert flaring gas into clean hydrogen

Hydrogen generation and energy storage solutions company H2 Industries has developed a solution to convert harmful flaring gases into clean hydrogen. Gas flaring has been recognised as a major contributor to the emission of harmful gases affecting climate change and society by creating increased inc

about 3 years ago
Somalia ‘open for business’ as U.S. player gets the all-clear to move forward with offshore oil & gas exploration
Business Developments & Projects

Somalia ‘open for business’ as U.S. player gets the all-clear for offshore oil & gas exploration

The U.S.-based Coastline Exploration has received the go-ahead to move forward with its hydrocarbon exploration programme off Somalia.

about 3 years ago
Euronav
Business Developments & Projects

Euronav orders ammonia/methanol-ready Suezmax tanker duo

Belgium-based tanker company Euronav has ordered two new eco-friendly Suezmax tankers from shipbuilding firm Daehan Shipbuilding Co.

about 3 years ago
MSC to buy Italian towage operator Rimorchiatori Mediterranei
Business Developments & Projects

MSC to buy Italian towage operator Rimorchiatori Mediterranei

Swiss shipping giant Mediterranean Shipping Company has agreed to acquire Italian towage operator Rimorchiatori Mediterranei.

about 3 years ago
Shell takes part in the next wave of Qatar’s LNG expansions
Business Developments & Projects

Shell takes part in the next wave of Qatar’s LNG expansions

Qatar’s state-owned oil and gas company QatarEnergy has selected Shell as its second international partner in the North Field South (NFS) liquefied natural gas (LNG) expansion project, following the selection of TotalEnergies as the first international partner in the project. Under the partnership a

about 3 years ago
In focus: Europe’s energy security caught between high prices and climate crisis
Business Developments & Projects

In focus: Europe’s energy security caught between high prices and climate crisis

Winter is at our doorstep and concerns over the security of energy supplies are growing with each passing day. Over the past several months, governments and industries put their efforts into finding ways to tackle both energy and climate crises at the same time. The struggle continues with new regul

about 3 years ago
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