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Business Developments & Projects

Gazprom to advance hydrogen production tech

Russian giant Gazprom has set its sights on advancing technologies for the production of hydrogen.

about 5 years ago

London-Marine-Consultants-to-Design-Full-Scale-SeaTwirl-Spar

Business Developments & Projects

London Marine Consultants to design SeaTwirl spar

London Marine Consultants (LMC) has secured a contract to perform the detailed design of the spar for the full-scale SeaTwirl 1 MW S2 floating wind turbine. SeaTwirl is a floating vertical axis wind turbine (VAWTT) with a tower placed on an underwater structure, which consists of a buoyancy componen

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about 5 years ago

Photo of Peter Scheijgrond, Director of MET-support (Courtesy of ENCORE/Photo by Remco Bohle)

Business Developments & Projects

ENCORE welcomes MET-support as new lead partner

The ENCORE project has appointed MET-support as the new lead partner, and three observers to the project including the National University of Costa Rica (UNA), Hogeschool Zeeland Applied University of Sciences (HZ), and DOB-Academy.

about 5 years ago

Business Developments & Projects

Kinsale decommissioning preparations in full swing

PSE Kinsale Energy is preparing for the decommissioning campaign of its Kinsale area gas field located in the Celtic Sea off Ireland.

about 5 years ago

Image showing the Viking Link (Courtesy of Viking Link)

Business Developments & Projects

NIB signs off €134 million loan for Viking Link interconnector

The Nordic Investment Bank (NIB) has signed a 10-year loan agreement with Danish national transmission system operator Energinet to co-finance the construction of the Viking Link interconnector between the UK and Denmark.

about 5 years ago

Photo of Crestwing's Tordenskiold wave energy prototype (Courtesy of Crestwing)

Business Developments & Projects

Crestwing’s wave concept robust, with room for efficiency gains, NIRAS report finds

Danish-based multidisciplinary engineering consultancy NIRAS has produced a detailed technical report on the Crestwing’s wave energy concept, finding its mechanics robust and flexible with room for efficiency improvements in converting wave energy to electricity.

about 5 years ago

Photo of Kongsberg Maritime's Sounder USV (Courtesy of Kongsberg Maritime)

Business Developments & Projects

Kongsberg to supply four autonomous vessels for marine ecosystem monitoring

Kongsberg Maritime has reached an agreement with Norway’s Institute of Marine Research (IMR) for the supply of four autonomous vessels that will be used for marine ecosystem monitoring.

about 5 years ago

BW Ideol's Floatgen floating wind turbine, aerial view

Business Developments & Projects

BW Ideol starts trading on Euronext Growth Oslo

As announced recently, BW Ideol started trading on Euronext Growth Oslo today (18 March). Upon admission to trading on the stock market, BW Ideol has several shareholders, with BW Offshore controlling about 50 per cent of the shares and thus maintaining a significant influence over matters requiring

about 5 years ago

Business Developments & Projects

Hess offloads Denmark assets to Ineos for $150 million

Hess Corporation has entered into an agreement to sell its subsidiary Hess Denmark to Ineos E&P for a total consideration of $150 million.

about 5 years ago

Business Developments & Projects

Vattenfall inks first power sale deal for Hollandse Kust Zuid OWF

Air Liquide has signed a long-term Power Purchase Agreement (PPA) with Vattenfall for the Hollandse Kust Zuid offshore wind farm, the first such contract for the 1.5 GW project and also the first PPA Air Liquide signed in the Netherlands. Under a 15-year agreement, Air Liquide will purchase 100 GWh

about 5 years ago

Business Developments & Projects

Hapag-Lloyd continues momentum after strong 2020

German container shipping giant Hapag-Lloyd saw a significant earnings surge in 2020 despite negative effects of the coronavirus pandemic.

about 5 years ago

Business Developments & Projects

Shell and Eni acquitted in Nigeria corruption case

A Milan court has acquitted Shell and Eni in a corruption case related to a $1.3 billion worth acquisition of an oilfield off Nigeria about a decade ago.

about 5 years ago

MethanQuest: hydrogen, methane to play a key role in energy transition

Business Developments & Projects

MethanQuest: hydrogen, methane to play a key role in the energy transition

MethanQuest project, led by Rolls-Royce and DVG shows that hydrogen and methane manufactured using renewable energy resources will play a major role in the future.

about 5 years ago

The concept for MOWT system (Courtesy of Ecosse IP)

Business Developments & Projects

Ecosse IP set to advance MOWT system with TEAMER backing

Scottish technology development company Ecosse IP (EIP) has announced plans to optimise its hydrokinetic system, dubbed Mass of Water Turbine (MOWT), in collaboration with Sandia National Laboratories as part of the U.S. Department of Energy’s TEAMER programme.

about 5 years ago