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Business Developments & Projects

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Yinson Green Technologies
Business Developments & Projects

Nereida Energy Holding completes management buyout of Norwegian Yinson Green Technologies

Nereida Energy Holding has completed the management buyout of Singapore-based green technologies solution provider Yinson Green Technologies from the Yinson Group.

about 1 year ago
Thyssenkrupp nucera acquires technology assets from Green Hydrogen Systems
Business Developments & Projects

Thyssenkrupp nucera acquires technology assets from Green Hydrogen Systems

Thyssenkrupp nucera, the hydrogen business of German-based engineering company thyssenkrupp, has completed the acquisition of key technology assets from Danish company Green Hydrogen Systems (GHS).

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about 1 year ago
UK-Dutch interconnector in limbo after developer requests and gets license revocation
Business Developments & Projects

UK-Dutch interconnector in limbo after developer requests and gets license revocation

UK energy market regulator Ofgem has revoked the license for a planned UK-Netherlands electricity interconnector in response to the developer’s request, submitted after not securing a cap and floor license. A gas interconnector license was granted to NU-Link Interconnector UK Ltd in February 2023, a

about 1 year ago
COSL Innovator; Source: Serica Energy via LinkedIn
Business Developments & Projects

Green light for Equinor’s North Sea drilling gig with COSL rig

Norway’s state-owned energy giant Equinor has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian sector of the North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 1 year ago
Deepsea Bollsta rig at night
Business Developments & Projects

Sixth-gen rig kicks off multi-year gig with Equinor

Norwegian state-owned energy giant Equinor has started a drilling campaign offshore Norway using a semi-submersible rig managed by Odfjell Drilling.

about 1 year ago
Highlands and Islands Enterprise (HIE) and the Scottish Association for Marine Science (SAMS) have signed a memorandum of understanding (MoU) to boost marine and coastal research,
Business Developments & Projects

Scotland eyes global leadership in marine science and technology

Highlands and Islands Enterprise (HIE) and the Scottish Association for Marine Science (SAMS) have signed a memorandum of understanding (MoU) to boost marine and coastal research, innovation, and technology development across Scotland’s Highlands and Islands. According to HIE, the deal, signed at th

about 1 year ago
DEME Dogger Bank A inter array
Business Developments & Projects

Inter-array cable installation starting at Dogger Bank C

DEME’s cable-laying vessel (CLV) Viking Neptun is scheduled to start installing the first inter-array cables at the Dogger Bank C offshore wind farm site in the UK on or around September 7. The vessel will lay the inter-array cable onto the seabed, where the cable will remain exposed until trenching

about 1 year ago
Advent advances EU-funded renewable hydrogen technologies project
Business Developments & Projects

Advent advances EU-funded renewable hydrogen technologies project

U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary, Advanced Energy Technologies, has submitted five required deliverables to the European Climate, Infrastructure, and Environment Executive Agency (CINEA) and is preparing to submit the first progress report in September, covering the i

about 1 year ago
Green Bunkers
Business Developments & Projects

Green Bunkers launches to strengthen sustainable bunkering industry, drive green corridors development

Green Bunkers, the first platform in Spain to connect shipowners and charterers with fuel suppliers, has been launched.

about 1 year ago
Borgland Dolphin rig; Source: Dolphin Drilling
Business Developments & Projects

Fresh potential rig assignment coming up on Dolphin Drilling’s horizon

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh environment mid-water and deepwater semi-submersible drilling rigs, has secured a letter of intent (LoA) with an undisclosed company for one of its rigs.

about 1 year ago
COSL Prospector rig; Credit: COSL Drilling Europe
Business Developments & Projects

Go-ahead for Vår Energi’s drilling ops in Barents Sea

Vår Energi, Norway’s oil and gas player, has obtained the green light for drilling activities in the Barents Sea, which will be carried out with COSL Drilling Europe’s semi-submersible rig.

about 1 year ago
Wärtsilä
Business Developments & Projects

SHI once again selects Wärtsilä technology for dual-fuel VLEC quintet

Wärtsilä Gas Solutions, an arm of Finland-based technology group Wärtsilä, has been commissioned by South Korea’s giant Samsung Heavy Industries (SHI) to provide its cargo-handling and fuel gas supply system for five dual-fuel very large ethane gas carriers (VLECs). As disclosed, the vessels in ques

about 1 year ago
Ceremony celebrating first factory acceptance test of 5X72DF-2.2 engine with VCR technology
Business Developments & Projects

‘World’s first’ lower-emission engine for LNG carriers unveiled by Hanwha and WinGD

Marine engine manufacturer Hanwha Engine, part of South Korea’s Hanwha Group, and Swiss marine power company WinGD have marked the production of what is claimed to be the world’s first engine of its kind for installation on liquefied natural gas (LNG) carriers.

about 1 year ago
Illustration; Source: North Sea Transition Authority (NSTA)
Business Developments & Projects

North Sea oil & gas emissions cut by a third but further efforts required for UK’s net zero goals

As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization

about 1 year ago