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Business Developments & Projects

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Business Developments & Projects

Wasaline eyes further emission reductions with ‘largest battery retrofit’ on hybrid ferry

Finnish shipping company Wasaline has decided to expand the onboard battery capacity of its dual-fuel hybrid ferry Aurora Botnia and further reduce greenhouse gas (GHG) emissions.

about 1 year ago

Business Developments & Projects

NKT inks €1B contract with long-term partner for low-carbon aluminium wire rod supply

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Denmark-headquartered power cable manufacturer and installation company NKT has signed an agreement with Norway’s aluminium and renewable energy company Hydro for the supply of low-carbon aluminium wire rod through to 2033. The two firms have been partners for over 40 years. According to NKT, the ag

about 1 year ago

Business Developments & Projects

New partnership to commission 1 MW electrolyzer for hydrogen valley in Sicily

Italian companies Duferco Energia and Ansaldo Green Tech have signed a strategic agreement for the supply and commissioning of a 1 MW electrolyzer, intended for green hydrogen production within the hydrogen valley project in Giammoro, in the province of Messina, Sicily.

about 1 year ago

Business Developments & Projects

PGE Baltica awards geophysical survey contract for 975 MW Polish offshore wind farm

PGE Baltica has signed an agreement with Geofizyka Toruń SA to carry out a geophysical survey, including high-resolution reflection seismic with simultaneous bathymetric measurement for the Baltica 9 offshore wind farm in Poland. The geophysical survey is scheduled to commence in the first half of M

about 1 year ago

IDOM has completed commissioning of a power take-off (PTO) system, marking a step forward in the development of advanced wave energy technologies.

Business Developments & Projects

IDOM commissions new PTO system for wave energy prototype

Spain-based multi-national architecture and engineering consultancy IDOM has completed commissioning of a new power take-off (PTO) system, marking a step forward in the development of advanced wave energy technologies. According to EuropeWave, the air turbine system has now entered a six-week testin

about 1 year ago

A floating storage and regasification unit

Business Developments & Projects

Italy’s 5th regasification terminal on track for startup next month

Italian energy player Snam intends to kick off commercial operations at an FSRU moored off the coast of Ravenna next month.

about 1 year ago

Business Developments & Projects

Sumitomo Electric, Siemens Energy hand over 500 MW Ireland-Great Britain interconnector

The consortium of Sumitomo Electric Industries and Siemens Energy has completed the trial operations and handover of the Greenlink interconnector linking the electricity grids of Ireland and Great Britain to its client, Greenlink Interconnector Limited, for operational and commercial use. The 500 MW

about 1 year ago

Business Developments & Projects

Norled orders onshore charging stations for battery-hybrid ferries

Norled has contracted Norwegian Electric Systems (NES) to deliver three onshore charging stations for its battery-hybrid ferries at three ports in northern Norway.

about 1 year ago

Business Developments & Projects

Spanish govt backs Carnegie’s wave energy tech with €1.17M

Carnegie Clean Energy’s wholly owned subsidiary, Carnegie Technologies Spain, has received an advance payment of €1,171,800 from the Spanish government to support the construction of the first CETO wave energy technology unit in Europe. According to Carnegie, the funding was awarded through Spain’s

about 1 year ago

Business Developments & Projects

TEN’s fleet renewal gains momentum with newbuild shuttle tanker duo

Greek shipping company Tsakos Energy Navigation (TEN) has welcomed two newbuild Suezmax DP2 shuttle tankers as part of its commitment to fleet renewal.

about 1 year ago

Business Developments & Projects

Saipem scores €520 million gig on Eni’s Irish Sea CCS project

Italy’s energy major Eni has handed out a contract to compatriot engineering, drilling, and construction services giant Saipem for a carbon capture and storage (CCS) project in northern England.

about 1 year ago

Business Developments & Projects

CMA CGM secures Brazilian gateway with terminal operator transaction

Following regulatory approvals from relevant authorities, Marseille-based logistics and shipping giant CMA CGM has closed the acquisition of Santos Brasil Participações, a major Brazilian multi-terminal operator. As divulged, the company has wrapped up the purchase of 47.9% of the terminal operator.

about 1 year ago

Business Developments & Projects

UK issues carbon storage permits for CCS project in Liverpool Bay

The UK’s North Sea Transition Authority (NSTA) has issued three carbon storage permits to Italy’s oil & gas giant Eni for the HyNet carbon capture and storage (CCS) project in Liverpool Bay, enabling the development of a 109 million tonne CO2 storage system over 25 years. According to NSTA, this mar

about 1 year ago

Business Developments & Projects

Centrica cleared to operate ‘UK’s largest gas storage facility’ for another year

The UK-based energy company Centrica Offshore has received an extension of its license to operate a gas storage site in the Southern North Sea off the East Coast of England from the UK regulator, North Sea Transition Authority (NSTA).

about 1 year ago