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Business Developments & Projects

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Hafnia Bunkers
Business Developments & Projects

Hafnia Bunker Alliance progresses with sustainable biofuel bunkering

Hafnia Bunkers has announced its steps forward in advancing sustainable marine fuel solutions through its strategic collaboration via the Hafnia Bunker Alliance with member Unigas, and GoodFuels supplier FincoEnergies – a collaboration revolutionizing the way vessels are being fueled.

about 2 years ago
Deployment approaching for Carnegie's MoorPower demonstration project
Business Developments & Projects

Carnegie dual-listed with entry into the US market

Australian firm Carnegie Clean Energy has become dual-listed as it had completed U.S. listing on OTC Markets Group’s New York-based OTCQB platform. Under the stock ticker CWGYF, trading and information flow through the OTCQB platform is expected to allow Carnegie to engage with renewable energy-focu

about 2 years ago
Lhyfe breaks ground for new 10MW hydrogen plant in Germany
Business Developments & Projects

Lhyfe breaks ground for new 10MW hydrogen plant in Germany

French company Lhyfe has started construction work for its new hydrogen production plant in Brake on the site located on land in the harbor area of Niedersachsen Ports (NPorts), Germany’s largest public seaport operator. The groundbreaking ceremony for the production facility is taking place today,

about 2 years ago
Illustration; Source: North Sea Transition Authority (NSTA)
Business Developments & Projects

BP, Shell, TotalEnergies, and Equinor among recipients of second license batch in UK’s 33rd oil & gas round

The NSTA has offered 24 licenses across 74 blocks and part-blocks, which are situated in the Central North Sea, Northern North Sea, and West of Shetland areas.

about 2 years ago
Sand Topic
Business Developments & Projects

EU-backed project to convert bulk carrier to sail on climate-neutral fuels

A new e-fuels project has kicked off aiming to develop and convert a bulk carrier to run on climate-neutral fuels. Led by Icelandic engineering company Verkís, the European GAMMA project, initiated in January 2024, involves retrofitting a TOPIC Fleet bulk carrier with innovative technologies to demo

about 2 years ago
Longship
Business Developments & Projects

Longship orders eco-friendly cargo ship pair in the Netherlands

The Netherlands-based shortsea ship operator and logistics company Longship has entered a joint newbuilding project with Norway’s shipbroker Wagle Chartering for two general cargo ships.

about 2 years ago
Illustration; Credit: Clyde Thomas/Longboat Energy
Business Developments & Projects

Norwegian player wraps up sale of partial stakes in North Sea pair

Longboat JAPEX Norge has completed the divestment of partial interests in a pair of exploration licenses on the NCS to Norway’s Concedo.

about 2 years ago
Cradle-to-grave study highlights fundamental role of alternative fuels in emissions reduction
Business Developments & Projects

Cradle-to-grave study highlights fundamental role of alternative fuels in emissions reduction

The majority of emissions are created during the operational period of a vessel’s life cycle but these can be reduced by approximately 90% through the use of zero- or low-carbon fuels, reveals the industry-first cradle-to-grave study carried out by Lloyd’s Register (LR) and partners to assess enviro

about 2 years ago
North Sea operator picks Scottish firm for P&A campaign
Business Developments & Projects

North Sea operator picks Scottish firm for P&A campaign

Scottish well intervention and plug and abandonment (P&A) solutions provider Oilenco has won a contract to deliver engineering and manufacturing services for what it says is a “major North Sea operator”. The contract will see Oilenco provide well intervention and downhole equipment throughout a 52-w

about 2 years ago
Euronav-Frontline merger
Business Developments & Projects

Euronav orders 4th ammonia-ready VLCC, charters out Suezmax duo as it exits transformative quarter

Belgian tanker major Euronav has placed an order for an additional dual-fuel ammonia-ready Very Large Crude Carrier (VLCC) at Qingdao Beihai shipyard in China, confirming previous broker reports on the deal. The order was placed in January 2024. Combined with the three orders announced in 2023, the

about 2 years ago
OX2, Ingka Investments expected to apply for second offshore hydrogen project in Sweden
Business Developments & Projects

OX2, Ingka Investments expected to apply for second offshore hydrogen project in Sweden

OX2 and Ingka Investments are expected to submit an application for another offshore wind-to-hydrogen project to the Swedish authorities, after the partners recently applied for a permit to build a similar project off the coast of Blekinge. The second energy hub combining offshore wind energy and gr

about 2 years ago
David Latin, Serica's incoming interim CEO; Source: Serica Energy
Business Developments & Projects

As its CEO heads for the exit, Serica hand-picks interim one to step in his shoes

Serica Energy has disclosed the appointment of an interim Chief Executive Officer (CEO), who will succeed its current CEO after he steps down from the role.

about 2 years ago
ZeroNorth
Business Developments & Projects

ZeroNorth acquires Euronav’s FAST platform

Denmark-based technology company ZeroNorth has reached a deal with Belgian shipping company Euronav to acquire and manage the tanker major’s Fleet Automatic Statistics and Tracking (FAST) platform. As part of the deal, Euronav will become a customer of ZeroNorth’s full platform offering. FAST collec

about 2 years ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Business Developments & Projects

With stakes in North Sea oil & gas fields, Longboat JAPEX adds first producing assets to its portfolio

Longboat JAPEX Norge has brought an acquisition to an end, enabling it to get its hands on its initial producing assets offshore Norway.

about 2 years ago
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