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Business Developments & Projects

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European Energy TotalEnergies Jammerland Bugt
Business Developments & Projects

TotalEnergies, European Energy conducting seabed surveys for 240 MW Danish offshore wind farm

European Energy and TotalEnergies have started seabed surveys in the area surrounding the planned Jammerland Bugt offshore wind farm, located between Kerteminde on Funen and Kalundborg on Zealand, Denmark. The two companies launched three vessels to carry out seabed measurements, which will provide

about 1 year ago
North Sea
Business Developments & Projects

Total insured losses from North Sea containership-tanker allision to likely range between $100M to $300M

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Total insured losses resulting from the allision between a Portuguese-flagged containership and a US-flagged tanker in the North Sea are anticipated to range between $100 million and $300 million for all coverages, according to a Canada-based global credit ratings agency.

about 1 year ago
European Energy: First e-methanol produced at ‘world’s largest’ commercial PtX facility
Business Developments & Projects

European Energy: First e-methanol produced at ‘world’s largest’ commercial PtX facility

Danish renewables developer European Energy has commissioned the first reactor and produced the first e-methanol at its Kassø Power-to-X facility, dubbed the world’s largest commercial e-methanol facility.

about 1 year ago
Neptun Deep project's offshore platform simulation; Credit: OMV Petrom
Business Developments & Projects

New partner comes on board Black Sea block with drilling activities due in 2025

OMV Petrom has welcomed NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, as its new partner in an offshore block in Bulgaria’s part of the Black Sea ahead of the upcoming hydrocarbon exploration activities, which are anticipated to start at the block this year.

about 1 year ago
New Dutch-made cable maintenance vessel under construction
Business Developments & Projects

New Dutch-made cable maintenance vessel under construction

The Netherlands-based shipbuilder and designer Neptune Marine has commenced construction of a new cable maintenance vessel. The vessel named Altera will be 100 meters long and will be used for offshore cable maintenance work and offshore support services. According to Neptune Marine, it will be capa

about 1 year ago
Horisont Energi inks new ammonia sales deal for Barents Blue project
Business Developments & Projects

Horisont Energi inks new ammonia sales deal for Barents Blue project

Norwegian clean energy company Horisont Energi has secured a non-binding term sheet with a European energy group for ammonia sales from its Barents Blue clean ammonia plant in northern Norway.

about 1 year ago
The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new managing director. Finn will lead a reshaped executive team as the facility for demonstrating and testing wave and tidal
Business Developments & Projects

EMEC appoints new leadership team

The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new Managing Director. Finn will lead a reshaped executive team as the facility for demonstrating and testing wave and tidal energy converters advances its clean energy initiatives. EMEC’s leadership revamp also sees Mark Ham

about 1 year ago
K Line
Business Developments & Projects

K Line renames UK subsidiary to bolster energy transition efforts

Japan’s shipping company Kawasaki Kisen Kaisha (K Line) has decided to change the name of its London-based wholly-owned subsidiary K Line LNG Shipping (UK) Limited in a bid to strengthen its energy transition endeavors in Europe. According to the company, its British branch is set to go under the na

about 1 year ago
FPSO Jotun; Source: Vår Energi
Business Developments & Projects

FPSO sets its sails toward North Sea project with oil production extension to 2045 in mind

Vår Energi has confirmed the tow-out of a floating production, storage and offloading (FPSO) vessel from the Worley Rosenberg yard to a field in the North Sea off the coast of Norway.

about 1 year ago
EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million
Business Developments & Projects

EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million

The European Climate, Infrastructure and Environment Executive Agency (CINEA) and U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary Advanced Energy Technologies have signed a €34.5 million grant agreement for the latter’s Renewable Hydrogen Innovative Technologies (RHyno) project.

about 1 year ago
Port of Tyne invests in UK’s first fully electric foiling pilot vessel
Business Developments & Projects

Port of Tyne invests in UK’s first fully electric foiling pilot vessel

UK’s Port of Tyne has purchased the country’s first fully electric foiling pilot vessel in line with the Government’s Maritime 2050 strategy, reinforcing the port’s “commitment to innovation, sustainability, and a cleaner future for the maritime sector”.

about 1 year ago
Havila's 20-year-old subsea vessel gets contract extension in Brazil
Business Developments & Projects

Havila’s 20-year-old subsea vessel gets contract extension in Brazil

Norwegian offshore vessel operator Havila Shipping has secured a contract extension for its subsea vessel Havila Harmony with Brazilian company OceanPact. Founded in 2007 in Rio de Janeiro, OceanPact offers services for the study, protection, monitoring and sustainable use of the sea, the coast and

about 1 year ago
Técnicas Reunidas, Siemens Energy win FEED contract for Reolum’s e-methanol project in Spain
Business Developments & Projects

Técnicas Reunidas, Siemens Energy win FEED contract for Reolum’s e-methanol project in Spain

Reolum has awarded Técnicas Reunidas and Siemens Energy the front-end engineering design (FEED) of the La Robla Green project.

about 1 year ago
EnBW He Dreiht
Business Developments & Projects

Offshore cabling work kicks off at EnBW’s He Dreiht wind farm in Germany

EnBW is laying the first submarine cable of the internal wind farm cabling that connects all 64 Vestas V236-15.0 MW turbines of the 960 MW He Dreiht offshore wind farm. Seaway7 has been commissioned with the task. In 2022, EnBW awarded the company an engineering, procurement, installation, and commi

about 1 year ago