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Business Developments & Projects

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Petrojarl Knarr FPSO; Source: Equinor
Business Developments & Projects

One of UK’s largest undeveloped oil fields put on hiatus once again

Reports indicate that the decision on whether to approve or not one of the largest undeveloped oil fields in the UK is unlikely anytime soon.

about 3 years ago
DB Schenker, Volvo Cars opt for biofuel to slash ocean freight emissions
Business Developments & Projects

DB Schenker, Volvo Cars opt for biofuel to slash ocean freight emissions

DB Schenker and Volvo Cars have embarked on a partnership for more sustainable ocean freight, shipping 12,000 standard containers (TEU) with automotive spare parts on vessels using biofuel.

about 3 years ago
Norwegian seismic company TGS has finished the acquisition of an ultra-high-resolution 3D (UHRD3D) survey on behalf of Community Offshore Wind in the New York Bight, providing soil condition data to g
Business Developments & Projects

Norwegian marine geophysics firm about to wrap up its first offshore wind contract

Norwegian marine geophysical company PGS is set to complete its inaugural contract for ultra-high resolution 3D wind farm site characterization by the end of this month. PGS secured its first ultra-high resolution wind farm site characterization project at the beginning of the year, marking its entr

about 3 years ago
Dynagas, Equinor renew Arctic Aurora LNG carrier deal
Business Developments & Projects

Dynagas secures charter deals with Rio Grande LNG for two LNGCs

Dynagas LNG Partners, an owner and operator of LNG carriers (LNGCs), has entered into time charter party agreements with Rio Grande LNG, a subsidiary of NextDecade Corporation, for two LNGCs, adding approximately $270 million to its existing revenue backlog. The 2007-built LNG carrier Clean Energy h

about 3 years ago
Value Maritime Filtree System
Business Developments & Projects

JR Shipping outfits 9th vessel with Value Maritime’s Filtree and carbon capture solution

Dutch shipping company JR Shipping has completed the installation of Value Maritime’s Filtree and Carbon Capture technology on the 9th vessel, MV Emotion. The installation on the 2008-built containership of 1,440 TEU was completed in Hamburg, Value Maritime said in an update. The latest development

about 3 years ago
FPSO Kwame Nkrumah - Jubilee field; Source Tullow Oil
Business Developments & Projects

Oil flows from first well offshore Ghana with three more to follow suit by year-end

Tullow Oil has brought on stream the first of four wells on a field off Ghana while the remaining three are expected online later this year.

about 3 years ago
Decisive years ahead: ONE’s fuel choice conundrum for 20 methanol-ammonia newbuilds
Business Developments & Projects

Decisive years ahead: ONE’s fuel choice conundrum for 20 methanol-ammonia newbuilds

The jury is still out on the fuel choice for a series of twenty new vessels the Singapore-based container shipping major Ocean Network Express (ONE) has on order. “We haven’t made a decision yet on which technology to choose. The jury is still out and like the rest of the industry we are very intere

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

Will UK’s new CCUS strategy open doors to multi-billion global supply chain market?

A new carbon capture supply chain strategy is expected to pave the way for Britain to gain entry into the global supply chain market.

14 minutes read
Ofgem to set final cap & floor levels for North Sea Link after post-construction review
Business Developments & Projects

Ofgem to set final cap and floor levels for North Sea Link

UK energy market regulator Ofgem is set to carry out a post-construction review of the North Sea Link (NSL) after which it will set the final cap and floor levels for the project connecting the UK and Norway. Ofgem granted National Grid North Sea Link (NGNSL) a cap and floor regime with respect to t

about 3 years ago
In a ‘groundbreaking’ move, MAN ES wraps up 1st ammonia engine test
Business Developments & Projects

In a ‘groundbreaking’ move, MAN ES wraps up 1st ammonia engine test

German engine manufacturer MAN Energy Solutions (MAN ES) has completed the first running of a test engine on ammonia at its Research Centre Copenhagen (RCC).

about 3 years ago
Flemish ports acquire European Hydrogen Valley status
Business Developments & Projects

Flemish ports acquire European Hydrogen Valley status

Port of Antwerp-Bruges, North Sea Port and Port of Ostend have officially been recognized as a Hydrogen Valley at the European level. The Hydrogen Valley certificate was issued by the Clean Hydrogen Partnership and Mission Innovation who maintain an online map with the main characteristics of Hydrog

about 3 years ago
Alexandroupolis FSRU; Credit: Gastrade
Business Developments & Projects

Svitzer to provide services for Greece’s first offshore LNG terminal

Svitzer, a global towage provider and part of A.P. Moller-Maersk, has signed a 15-year agreement to service Gastrade’s Alexandroupolis Independent Natural Gas System (Alexandroupolis INGS) LNG terminal, the first offshore LNG project in Greece. Specifically, Svitzer will set up towage services and s

about 3 years ago
Site surveys to begin for Flotation Energy’s two offshore wind projects
Business Developments & Projects

Site surveys to begin for Flotation Energy’s two offshore wind projects

Site investigations are about to start at two locations in Scotland and the UK where Flotation Energy and its project partners plan to build the 480 MW Morecambe and the 1.4 GW Cenos offshore wind farms. At the Morecambe site, located about 30 kilometres from the Lancashire coast, a deep-sea geotech

about 3 years ago
Illustration/HydroQuest's 1MW turbine for Paimpol-Bréhat site (Courtesy of HydroQuest/Photo by Avotrimage)
Business Developments & Projects

FloWatt developers applaud French government’s tidal energy commitment

The developers of FloWatt tidal energy project – Qair, HydroQuest, and Constructions Mécaniques de Normandie (CMN) – have hailed the French government’s investment in what is to become the world’s largest tidal energy farm.

about 3 years ago
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