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New voestalpine carbon-steel approved for LCO2 transport and storage
Business Developments & Projects

New voestalpine carbon-steel approved for LCO2 transport and storage

voestalpine’s new F550 TMCP toughcore has been approved by Bureau Veritas as per IGC and IMO guidelines. Designed by voestalpine Grobblech to meet the highest safety standards for liquefied carbon dioxide (LCO2) transport and storage, the F550 TMCP toughcore has been recognised by Bureau Veritas as

about 3 years ago
UK’s zero-emission shipping projects get £80mln financial support
Business Developments & Projects

UK’s zero-emission shipping projects get £80mln financial support

The UK Government has revealed the winners of the Zero Emission Vessel and Infrastructure fund (ZEVI), supporting economic growth and boosting the UK’s decarbonisation efforts with £80 million investment.

about 3 years ago
African nations back carbon levy on shipping
Business Developments & Projects

African nations back carbon levy on shipping

A coalition of 20 African nations has thrown their weight behind the Nairobi Declaration, advocating for a global carbon levy on shipping. The declaration was adopted at the Africa Climate Summit held in Nairobi last week, and it calls for new global taxes to fund climate change action and adaptatio

about 3 years ago
Christening ceremony of Calypso cable-laying vessel; Source: Van Oord
Business Developments & Projects

Van Oord christens its second cable-laying vessel

Van Oord has christened the newest member of its fleet, a next-generation, custom-built cable-laying vessel in the Netherlands.

about 3 years ago
In focus: Road to net zero has become much bumpier
Business Developments & Projects

In focus: Road to net zero has become much bumpier

Weening the world off fossil fuels and developing clean alternatives was bound to be hard even in perfect circumstances, but the latest global developments are bringing into question if any of the current efforts to decarbonize and reach net zero are even achievable in the given time-frames. Case in

about 3 years ago
Van Oord to build Hollandse Kust West VI – ‘The most ecological wind farm yet’
Business Developments & Projects

Van Oord to build Hollandse Kust West VI – ‘The most ecological wind farm yet’

Van Oord and Ecowende, a joint venture of Shell and Eneco, have agreed to collaborate on the construction of the Hollandse Kust West VI offshore wind farm, with the contract(s) for the work to be signed later this year. This will be the most ecological wind farm yet, said Van Oord, whose contract(s)

about 3 years ago
Orbital Marine Power’s O2 floating tidal turbine (Courtesy of Orbital Marine Power)
Business Developments & Projects

Industry unites to praise ‘fantastic day’ for UK tidal energy sector

Industry associations, research centers and supported developers have all unanimously welcomed the results of the latest renewables auction in the UK – where 53MW of tidal stream projects won contracts – deeming the outcome a ‘resounding vote of confidence’ in the increasingly mature tidal energy se

about 3 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Business Developments & Projects

UK’s oil & gas, offshore wind, CCS, and hydrogen investments to hit whopping £200 billion by 2030

The UK’s total offshore energy investment in oil, gas, renewables and low-carbon energies could reach £200 billion this decade.

about 3 years ago
TEN logo
Business Developments & Projects

TEN bolsters green vessel fleet with scrubber-fitted MR pair

Greek shipowner TEN has signed construction contracts for two scrubber-fitted MR product tankers, the company revealed. These 50,000 dwt vessels, ordered in August from an unnamed shipbuilder, are slated for delivery in the first quarter of 2026. According to Intermodal, the vessels were ordered fro

about 3 years ago
Statkraft-and-Aker-Come-Together-for-Offshore-Wind-in-Norway
Business Developments & Projects

Southern North Sea II and Utsira Nord 2023 seabed surveys completed offshore Norway

The seabed surveys have been completed for this year in the areas of Sørlige Nordsjø II (Southern North Sea II) and Utsira Nord offshore Norway. Over the past two years, seabed surveys have been carried out in the open areas of Southern North Sea II and Utsira Nord. The Utsira Nord surveys began in

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

Another player joins mission to explore CCS value chain between Australia and Japan

Woodside has inked a non-binding MoU with KEPCO to enable studies of a potential CCS value chain between Japan and Australia.

about 3 years ago
Illustration/Magallanes Renovables’ tidal energy platform (Courtesy of Magallanes Renovables)
Business Developments & Projects

The tide turns for marine energy projects in Wales

Marine Energy Wales has welcomed the announcement that four tidal stream projects, based in Welsh waters, have been given the green light to provide electricity to the National Grid, as part of the latest allocation round of the UK government’s renewable auction.

about 3 years ago
Post-installation survey next on the list for Viking Link
Business Developments & Projects

Post-installation survey next on the list for Viking Link

A post-installation survey is set to soon commence at the Viking Link project in the North Sea after Prysmian completed the last section of the submarine cable for the UK-Denmark interconnector. The last section was laid and assembled 172 kilometers off the Danish coast in German and Dutch waters on

about 3 years ago
Illustration/AR1500 tidal turbine (Courtesy of SIMEC Atlantis)
Business Developments & Projects

UK supports 11 tidal energy projects with record capacity of over 50MW in latest CfD auction round

In its fifth round of the Contracts for Difference (CfD) scheme, the UK has supported 11 tidal energy projects with a record capacity of over 50MW and €11.6 million total ringfenced budget.

about 3 years ago
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