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Business Developments & Projects

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A large vessel at sea
Business Developments & Projects

EDF takes delivery of LNG carrier from NYK Line

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) has delivered a newly built liquefied natural gas (LNG) carrier to France’s EDF LNG Shipping, a subsidiary of Electricité de France (EDF).

about 1 year ago
Ocean Kinetics and Green Marine wrap up OpenHydro tidal platform decommissioning
Business Developments & Projects

Ocean Kinetics and Green Marine wrap up OpenHydro tidal platform decommissioning

Two Scottish companies, Ocean Kinetics and Green Marine, have completed the decommissioning of OpenHydro’s tidal energy platform at the European Marine Energy Centre (EMEC) in Orkney. According to Ocean Kinetics, the decommissioning project managed under a contract with EMEC, involved dismantling th

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about 1 year ago
EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus
Business Developments & Projects

EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus

The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world.

about 1 year ago
DeepOcean stays alone in contract with Equinor as TechnipFMC opts out
Business Developments & Projects

DeepOcean stays alone in contract with Equinor as TechnipFMC opts out

Norwegian ocean services provider DeepOcean is taking 100% ownership of the pipeline repair and subsea intervention (PRSI) Pool Services contract with Equinor, formerly operated in a joint venture (JV) with TechnipFMC. To remind, Equinor has operational responsibility for what is said to be the worl

about 1 year ago
Surveys starting at UK-Netherlands multi-purpose interconnector
Business Developments & Projects

TenneT selects NextGeo for marine route survey offshore Netherlands

Italy’s Next Geosolutions (NextGeo) has been awarded a contract by the Dutch-German transmission system operator (TSO) TenneT to carry out a marine route survey in the Netherlands. The contract, worth approximately €43 million, involves extensive geophysical and geotechnical activities, both offshor

about 1 year ago
Mocean Energy’s Blue X wave energy device under sea trials (Courtesy of Mocean energy/Photo by Colin Keldie)
Business Developments & Projects

Mocean Energy lands £1.2M grant and almost £200K for further commercial work

Scottish wave energy company Mocean Energy has secured £140,000 (around $178,000) of further commercial work and a £1.2 million (around $1.5 million) grant from Wave Energy Scotland (WES) to further develop a novel direct drive generator for wave energy technology. According to Mocean Energy, the fu

about 1 year ago
With 'outstanding' financial results in 2023, Prysmian upgrades its decarbonization strategy
Business Developments & Projects

Prysmian inks €700 million framework agreement for offshore links in France

Italy’s Prysmian has signed a framework agreement with the French transmission system operator (TSO) Réseau de Transport d’Électricité (RTE) to provide submarine power cable links that will connect two offshore wind farms to the French transmission grid. Under the contract, Prysmian will be responsi

about 1 year ago
Enova
Business Developments & Projects

Fourteen zero-emission vessels to receive funding from Enova

Norwegian government enterprise Enova has announced financial support for seven ammonia ships, two hydrogen ships, five electric ships and one charging facility, in the latest round of the country’s investments in green shipping.

about 1 year ago
Wärtsilä propulsion system selected for ‘world’s largest’ methanol-ready cement carrier
Business Developments & Projects

Wärtsilä propulsion system selected for ‘world’s largest’ methanol-ready cement carrier

Finnish technology firm Wärtsilä has been contracted to supply a complete propulsion package for what is expected to be the world’s largest methanol-ready cement carrier.

about 1 year ago
Google buys offshore wind power from Vattenfall-CIP JV
Business Developments & Projects

Google buys offshore wind power from Vattenfall-CIP JV

Google has signed a power purchase agreement (PPA) with Denmark’s Copenhagen Infrastructure Partners (CIP) for 250 MW of energy capacity at the Zeevonk offshore wind project in the Netherlands.

about 1 year ago
Auramarine to provide safety systems for A2B-online’s new methanol-fueled container vessels
Business Developments & Projects

Auramarine to provide safety systems for A2B-online’s new methanol-fueled container vessels

Fuel supply systems provider Auramarine has signed a cooperation agreement with logistics service company A2B-online to provide methanol safety systems and automation for the latter’s two newbuild 650 TEU methanol-fueled container vessels.

about 1 year ago
Shortly after reaching FID, Shell awards TechnipFMC with subsea contract for Nigerian project
Business Developments & Projects

TechnipFMC to deliver subsea production systems for Shell’s oil & gas project off Nigeria

UK-headquartered energy technology provider TechnipFMC has secured a contract with Shell to deliver subsea production systems for a deepwater oil and gas project off the coast of Nigeria for which the final investment decision (FID) was reported earlier today. As part of the contract with Shell Nige

about 1 year ago
Greece’s TMS Tankers enriches fleet with eco-friendly Suezmax newbuild duo
Business Developments & Projects

Greece’s TMS Tankers enriches fleet with eco-friendly Suezmax newbuild duo

Greek shipowner TMS Tankers has taken delivery of two newbuild Suezmax tankers equipped with eco-friendly technologies from New Times Shipbuilding in China. Following the launching ceremony in October, the 159,000 dwt crude oil tankers, Ipanema and Toska, were delivered to TMS at the end of November

about 1 year ago
Two men sitting behind a desk signing documents
Business Developments & Projects

Third formal deal sealed for ADNOC’s mega LNG project

Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Germany’s energy supply company EnBW Energie Baden-Württemberg (EnBW) for gas from its lower-carbon Ruwais liquefied natural gas (LNG) project. The deal for supplying 0.6 million tonnes per annum (mtpa) of LN

about 1 year ago