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Business Developments & Projects

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Brage platform; Source: OKEA
Business Developments & Projects

Norwegian firm getting a stake in North Sea prospect ahead of drill-or-drop decision

OKEA and Aker BP have struck a deal, which enables the former to get an interest in a prospect the latter is contemplating to drill with the aim of finding more hydrocarbons in the North Sea off the coast of Norway.

about 1 year ago
‘World’s first’ hydrogen shore power demo presented at Port of Leith
Business Developments & Projects

‘World’s first’ hydrogen shore power demo presented at Port of Leith

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A Scottish consortium has showcased the “world’s first” green hydrogen shore demonstration project at the Port of Leith.

about 1 year ago
AtoB@C Shipping: Half of plug-in hybrid newbuild fleet is complete
Business Developments & Projects

AtoB@C Shipping: Half of plug-in hybrid newbuild fleet is complete

AtoB@C Shipping is halfway through its fleet renewal program with delivery of the sixth plug-in hybrid newbuild vessel from India’s Chowgule shipyard.

about 1 year ago
Wavepiston has secured a €900,000 investment from two professional investors through The Blue Line, a Dutch joint venture company.
Business Developments & Projects

Wavepiston secures €900K investment for wave energy expansion

Danish wave energy firm Wavepiston has secured a €900,000 investment from two professional investors through The Blue Line, a Dutch joint venture (JV) company. The Blue Line is backed by Connect the Drops, a Dutch investment fund focused on the water sector, and Unknown Group, a venture capital firm

about 1 year ago
SHINES team meeting
Business Developments & Projects

€10M SHINES project to advance tidal energy in North-West Europe

The SHINES project (Showcasing Hydrokinetic energy Innovations for Northwest European Energy Sovereignty) has launched, bringing together 14 partners from France, Ireland, Belgium, the Netherlands, Switzerland, and Germany to scale up tidal and river energy deployment. With €10 million in funding, 6

about 1 year ago
Shell
Business Developments & Projects

Shell-Brevik Engineering LCO2 carrier design wins DNV AiP

Norwegian class society DNV has awarded a detailed approval in principle (AiP) to the UK-based Shell International Trading and Shipping Company Limited, part of Shell, and Norway-based marine engineering company Brevik Engineering for their design of a 74,000 cbm liquid carbon dioxide (LCO2) carrier

about 1 year ago
Climate Impact and Purus Marine join forces on net-zero hydrogen supply
Business Developments & Projects

Climate Impact and Purus Marine join forces on net-zero hydrogen supply

Climate Impact Corporation (CIC) and Purus Marine have agreed to develop a net-zero shipping pathway for CIC’s renewable hydrogen fuels.

about 1 year ago
Proteus Marine Renewables' worker
Business Developments & Projects

Proteus Marine Renewables joins Ocean Energy Europe board

UK-based tidal energy company Proteus Marine Renewables (PMR) has secured a seat on the Ocean Energy Europe (OEE) Board of Directors, with CEO Drew Blaxland representing the company as a new Lead Partner. According to OEE, PMR has been developing its AR series of bottom-mounted tidal turbines for ov

about 1 year ago
Port of Hamburg gearing up to deploy new eco-friendly pilot vessel
Business Developments & Projects

Port of Hamburg gearing up to deploy new eco-friendly pilot vessel

Germany’s Port of Hamburg has welcomed its first of two new eco-friendly pilot ships, making a contribution to its goal of becoming climate-neutral by 2040.

about 1 year ago
Stena Immaculate tanker; Credit: Maritime and Coastguard Agency
Business Developments & Projects

Oil tanker stays put as cargo ship gets a tow: US and Portugal let UK spearhead North Sea allision probe

As a recent allision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea keeps reverberating across the maritime industry, many conspiracy theories are making the rounds.

about 1 year ago
UK player revamps safety solution for offshore platform red zones
Business Developments & Projects

UK player revamps safety solution for offshore platform red zones

Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has launched a second-generation monitoring device aimed at improving safety during pipe handling on offshore drilling platforms.

about 1 year ago
digital
Business Developments & Projects

Container terminal in Hamburg to become digital test field

Hamburger Hafen und Logistik AG (HHLA)’s Container Terminal Altenwerder (CTA) has received funding to establish a 5G network on its site as part of the “DigiTest” initiative from the German Federal Ministry for Digital and Transport (BMDV).

about 1 year ago
DNV okays Hanwha Aerospace’s marine hydrogen fuel cell system
Business Developments & Projects

DNV okays Hanwha Aerospace’s marine hydrogen fuel cell system

Hanwha Aerospace has received approval in principle (AIP) from DNV for its 200 kW hydrogen fuel cell system designed for maritime applications.

about 1 year ago
Normandie Hydroliennes' NH1 tidal energy project
Business Developments & Projects

French tidal energy project secures €31.3M EU Innovation Fund grant

Tidal energy developer Normandie Hydroliennes’ NH1 tidal energy project has been awarded €31.3 million in funding from the European Union’s 2023 Innovation Fund. According to Normandie Hydroliennes, the grant will accelerate the deployment of one of France’s first commercial-scale tidal energy pilo

about 1 year ago