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Business Developments & Projects

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Norway awards CCS licenses to Equinor, Horisont Energi, Var Energi
Business Developments & Projects

Norway awards CCS licenses to Equinor, Horisont Energi, Vår Energi

The Norwegian Ministry of Petroleum and Energy has awarded carbon capture and storage (CCUS) licenses to Equinor, Horisont Energi, and Vår Energi.

about 4 years ago
Castor Initiative
Business Developments & Projects

Three Castor Initiative members sign MOU to build zero-emission VLCC pair

Classification society Lloyd’s Register (LR), shipbuilder Samsung Heavy Industries (SHI) and shipping company MISC via its subsidiary, AET, have signed a memorandum of understanding (MOU) for the development and construction of two very large crude carriers which can be operated on zero-emission fue

about 4 years ago
SEM-REV test site (Courtesy of Centrale Nantes)
Business Developments & Projects

French stand ready to kick off SEM-REV 2.0 works

Having played a pivotal role in the advancement of marine renewable energies in France, the SEM-REV test site is ready for infrastructure upgrades to respond to the needs of the growing offshore renewable energy sector.

about 4 years ago
Danish subsea technology firm opens first office in Sweden
Business Developments & Projects

Danish subsea technology firm opens first office in Sweden

Denmark-based underwater technology specialist MacArtney is expanding in Scandinavia with the opening of its first dedicated office in Sweden. The new office, hosting MacArtney Sweden AB, is located in Mölnlycke near Gothenburg and will officially open its doors this month. “The Swedish market has g

about 4 years ago
A.P. Moller Capital becomes mission ambassador to Mærsk Mc-Kinney Møller Center
Business Developments & Projects

A.P. Moller Capital becomes mission ambassador to Mærsk Mc-Kinney Møller Center

A.P. Moller Capital, a fund management company, has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, an independent not-for-profit research and development centre, as a mission ambassador.

about 4 years ago
Avenir LNG and Achema in LNG ship delivery to Klaipeda
Business Developments & Projects

Avenir LNG and Achema in LNG ship delivery to Klaipeda

Avenir LNG and Achema have organised the first LNG ship delivery to the small-scale Klaipeda LNG terminal in Lithuania.

about 4 years ago
Equinor strikes oil & gas in Norwegian North Sea with ‘with excellent reservoir quality’
Business Developments & Projects

Equinor finds ‘high-value barrels’ in North Sea

Equinor has made a significant hydrocarbon discovery with excellent reservoir quality in the Kveikje exploration well, located off Norway.

about 4 years ago
Illustration (Courtesy of EDP Renewables)
Business Developments & Projects

EDP Renewables secures grid link in floating solar auction in Portugal

EDP Renewables (EDPR) has secured grid connection deal as part of floating solar auction in Portugal, expected to enable the company to install up to 154MW of renewable energy capacity.

about 4 years ago
Amon Maritime
Business Developments & Projects

Amon Maritime, BSM form ammonia-powered ship management JV

Hamburg-based maritime services company Bernhard Schulte Shipmanagement (BSM) and the Norwegian ammonia specialist Amon Maritime have decided to form a 50/50 joint venture named Ula Ship Management.

about 4 years ago
Zero-Emission Shipping Mission publishes Industry Roadmap
Business Developments & Projects

Zero-Emission Shipping Mission publishes Industry Roadmap

Zero-Emission Shipping Mission, which aims to accelerate international public-private collaboration to scale and deploy new green maritime solutions, has published the Industry Roadmap as a step closer to achieving its goal.

about 4 years ago
ammonia engine development
Business Developments & Projects

Wärtsilä, partners join forces to speed up ammonia engine development

A consortium of shipping stakeholders, coordinated by the technology group Wärtsilä, is working to develop demonstrators for two-stroke and four-stroke marine engines running on ammonia fuel.

about 4 years ago
CGG and Kent parter up for hydrogen and CCUS
Business Developments & Projects

CGG and Kent partner up for hydrogen and CCUS

French geophysical services firm CGG and Dubai-based energy engineering company Kent will work together on CCUS development and hydrogen production and supply.

about 4 years ago
U.S. player consolidates ownership of Gulf of Mexico assets by increasing its stake
Business Developments & Projects

U.S. player consolidates ownership of Gulf of Mexico assets by increasing its stake

Following the acquisition of the remaining interests, W&T Offshore has successfully consolidated its ownership of the Gulf of Mexico assets.

about 4 years ago
TGS launches 3D seismic reprocessing project in Malay Basin
Business Developments & Projects

TGS launches 3D seismic reprocessing project in Malay Basin

TGS has commenced a new 3D reprocessing project offshore Malaysia, the first stage of which will cover a 16,957 square kilometer area, integrating existing 3D seismic data off Peninsular Malaysia. Thirty-six 3D seismic surveys of varying vintages covering a key part of the Malay Basin will be proces

about 4 years ago
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