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Business Developments & Projects

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Offshore platform machinery
Business Developments & Projects

Rig quartet off Guyana to feature ‘world first’ safety tech combination

Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has joined forces with Norway’s Intellilift to install a solution aimed at enhancing the safety of critical equipment and personnel on four drilling platforms offshore Guyana.

about 1 year ago
SEFE unites with ACWA Power to supply green hydrogen to Europe
Business Developments & Projects

SEFE unites with ACWA Power to supply green hydrogen to Europe

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Germany’s Securing Energy for Europe (SEFE) has signed a memorandum of understanding (MoU) with Saudi Arabia’s ACWA Power for the production and supply of green hydrogen to Europe.

about 1 year ago
CINEA
Business Developments & Projects

Turning innovative ideas into reality: CINEA presents 4 green maritime projects

The European Climate, Infrastructure and Environment Executive Agency (CINEA) has shared details of several ‘transformative waterborne projects’ that have moved from the R&D phase to a successful scale-up stage.

about 1 year ago
EemsEnergy Terminal
Business Developments & Projects

Dutch terminal’s open season checking the pulse of LNG import demand after 2027

EemsEnergy Terminal has taken steps to determine whether it should remain in business after 2027 or close its doors by launching an open season for the storage and regasification of LNG in the Eemshaven after 2027 in the Netherlands.

about 1 year ago
Diversified offshore oil & gas services provider to arise with new merger
Business Developments & Projects

Diversified offshore oil & gas services provider to arise with new merger

Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of intent (LoI) to merge into a combined company that would offer diversified offshore oil & gas services. The transaction will

about 1 year ago
Targeting carbon-free shipping, Hanwha and Baker Hughes to work on ammonia gas turbine
Business Developments & Projects

Targeting carbon-free shipping, Hanwha and Baker Hughes to work on ammonia gas turbine

South Korea’s Hanwha Ocean and Hanwha Power Systems have formed a partnership with energy technology firm Baker Hughes to design and develop a new small-size ammonia gas turbine, with an aim to achieve carbon-free ship operations.

about 1 year ago
Repsol invests €2.549 billion in renewable hydrogen push
Business Developments & Projects

Repsol to invest more than €800 million in renewable methanol plant in Spain

Spanish energy giant Repsol has approved a more than €800 million investment in renewable methanol project Ecoplant in Tarragona.

about 1 year ago
504 MW link between Ireland and Great Britain enters commercial operations
Business Developments & Projects

504 MW link between Ireland and Great Britain begins commercial operations

The Greenlink interconnector linking the electricity grids of Ireland and Great Britain has officially entered commercial operation, following more than three years of construction. The start of commercial operations took place on January 29 and was announced by James O’Reilly, Chief Executive Offic

about 1 year ago
Denmark ‘willing’ to inject billion-scale sum into Danish-German hydrogen pipeline
Business Developments & Projects

Denmark ‘willing’ to inject billion-scale sum into Danish-German hydrogen pipeline

The government of Denmark has introduced new initiatives to support the country’s emerging hydrogen market with billion-scale (DKK) funding and committed to establishing a Danish-German hydrogen pipeline by 2030. The government announced the new initiatives for hydrogen as well as offshore wind mark

about 1 year ago
Vår Energi approved to conduct more North Sea drilling
Business Developments & Projects

Vår Energi approved to conduct more North Sea drilling

The Norwegian Offshore Directorate (NOD) has granted a drilling permit to Norwegian oil & gas player Vår Energi for another wildcat well in the North Sea. The permit is for wellbore 7/1-4 S in production license 1090, in which Vår Energi holds a 50% operating stake, with partners Petoro and Aker BP

about 1 year ago
A large vessel at sea
Business Developments & Projects

SBM Offshore and MISC wrap up FPSO stake swap

The Netherlands’ SBM Offshore has completed the exchange of interests in two FPSO vessels with Malaysia’s MISC Berhad (MISC).

about 1 year ago
Jan De Nul to install new UK interconnector
Business Developments & Projects

Vattenfall and BASF gather tier 1 contractors for German offshore wind project

Vattenfall and BASF have signed contracts with EEW Special Pipe Constructions (EEW SPC) and CS Wind Offshore for component supply and with DEME and Jan De Nul for installation services for the Nordlicht 1 and Nordlicht 2 offshore wind farms in Germany. Germany’s EEW SPC will manufacture 112 monopile

about 1 year ago
Inching towards CO2 neutrality: Svitzer to transition to biofuels in Port of Esbjerg
Business Developments & Projects

Inching towards CO2 neutrality: Svitzer to transition to biofuels in Port of Esbjerg

Denmark-based towage and marine services provider Svitzer has decided to switch to biofuels at the Port of Esbjerg in line with the port’s ambition to become carbon neutral by 2030.

about 1 year ago
EU backs hydrogen infrastructure projects with over €250 million
Business Developments & Projects

EU backs hydrogen infrastructure projects with over €250 million

To help decarbonize the European Union (EU) industry, the European Commission will allocate over €250 million in grants from the Connecting Europe Facility (CEF) to 21 hydrogen infrastructure development studies.

about 1 year ago