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Equinor's Hywind Tampen wind farm in the North Sea; Source: Equinor
Business Developments & Projects

UK and Norway’s energy transition tale spotlights oil & gas electrification, offshore wind, CCS, and hydrogen as main chapters

Westwood has looked at the UK and Norway’s net-zero targets and steps being taken to decarbonise the oil and gas industry.

about 3 years ago
Northern Lights
Business Developments & Projects

K Line, partners forge ties with JFE Steel on creation of CCS value chain rooted in Japan

Japanese industry majors Japan Petroleum Exploration Co. (JAPEX), JGC Holdings Corporation (JGC HD), Kawasaki Kisen Kaisha (K LINE), and JFE Steel Corporation have joined hands to embark on a collaborative evaluation with the goal of establishing a carbon capture and storage (CCS) value chain rooted

about 3 years ago
Gasgrid Finland launches market consultations for national hydrogen infrastructure
Business Developments & Projects

Gasgrid Finland launches market consultations for national hydrogen infrastructure

As part of its task to develop national hydrogen infrastructure, international cooperation and hydrogen market around the Baltic Sea region, state-owned transmission system operator Gasgrid Finland has organised a non-binding market consultation for industrial actors to gain insight into their hydro

about 3 years ago
Subsea 7's offer to acquire DOF's entire issued share capital about to expire
Business Developments & Projects

Subsea 7’s offer to acquire DOF’s entire issued share capital about to expire

Subsea 7’s offer to acquire the entire issued share capital of Norway’s DOF Group is expiring at the end of today, 19 June, after the rejection from DOF’s board. Subsea 7 made a proposal on 15 June to the Board of Directors of DOF to acquire the entire issued share capital of the group, offering [&h

about 3 years ago
Wave power for subsea equipment demo grabs oil & gas industry’s attention
Business Developments & Projects

Wave power for subsea equipment demo grabs oil & gas industry’s attention

European and Asian energy companies have paid a visit to a demonstration project for powering subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, in Orkney. The €2.3 million (£2 million) project, called Renewables for S

about 3 years ago
Credit; IISD/ENB/Kiara Worth
Business Developments & Projects

Headway made in Bonn but all hopes rest on COP28’s shoulders to tackle emission reduction challenges

The Bonn Climate Change Conference helped lay the groundwork for the political decisions required at COP28 in Dubai at the end of the year.

about 3 years ago
BAR Technologies
Business Developments & Projects

BAR Technologies wins DNV’s type approval

UK tech provider BAR Technologies (BARTech) has been awarded a full Type Approval Design Certificate (TADC) for its wind propulsion technology – BAR Technologies WindWings by Yara Marine Technologies (WindWings) – from classification society DNV. Since being awarded an Approval In Principle (AIP) fo

about 3 years ago
PowerCell, e1 Marine and Maritime Partners test first methanol-to-fuel cell power chain
Business Developments & Projects

PowerCell, e1 Marine and Maritime Partners test first methanol-to-fuel cell power chain

Hydrogen fuel cell supplier PowerCell Group and methanol-to-hydrogen technology firm e1 Marine, in partnership with RIX Industries, have conducted a string test of their respective technologies for a 200kW propulsion chain as part of the validation of Maritime Partners LLC’s M/V Hydrogen One inland

about 3 years ago
Transocean Barents semi-submersible rig; Source: Transocean
Business Developments & Projects

Gas found at TotalEnergies’ UK well but volumes most likely sub-commercial

TotalEnergies has finished drilling a prospect off the coast of the United Kingdom (UK), using one of Transocean’s semi-submersible rigs.

about 3 years ago
Bell Bay Powerfuels Project in Tasmania moves forward
Business Developments & Projects

Bell Bay Powerfuels Project in Tasmania moves forward

Hydro Tasmania and Bell Bay Powerfuels have signed a term sheet for the sale of the decommissioned Bell Bay Power Station following an Expression of Interest process launched by Hydro Tasmania in December 2022. Australian company ABEL Energy said the selection of the site now accelerates the develop

about 3 years ago
A photo of CLV Topaz Installer at Changfang & Xidao offshore wind project site
Business Developments & Projects

All export cables in place at Changfang & Xidao offshore wind farm

The installation of offshore export cables that will connect Changfang and Xidao offshore wind farms in Taiwan to the grid on land has been completed. Seaway7, which chartered the Topaz Installer vessel for the work, has installed seven export cables totalling 210 kilometres in length, according to

about 3 years ago
Wisdom Marine taps Tsuneishi for one more Handysize bulker
Business Developments & Projects

Wisdom Marine taps Tsuneishi for one more Handysize bulker

Taiwanese shipping major Wisdom Marine is moving further with the modernization and expansion of its bulker fleet with a 42,2000 dwt bulker. The company revealed earlier this month that it had received clearance from its Board of Directors (BoD) to order the bulker from Japanese shipbuilding major T

about 3 years ago
ORLEN’s Grażyna Gęsicka to deliver its first LNG cargo to Poland
Business Developments & Projects

ORLEN’s Grażyna Gęsicka to deliver its first LNG cargo to Poland

The second gas carrier from the ORLEN Group’s fleet has sailed from the US to Poland with a cargo of approximately 65,000 tons of liquefied natural gas (LNG). The carrier Grażyna Gęsicka, loaded at the Freeport terminal in the US, set off on 17 June for its first voyage, and is expected to reach Świ

about 3 years ago
Survey activities ramping up on Equinor and BP’s New York offshore wind site
Business Developments & Projects

Survey activities ramping up on Equinor and BP’s New York offshore wind site

Two survey activities are planned to start this month at the Empire Wind offshore wind farm site located about 20 miles south of Long Island. The first is a short-term underwater sediment survey campaign, planned to begin in late June. The sediment survey experts will sample the seabed along the pro

about 3 years ago
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