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Business Developments & Projects

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Shell-chartered 8,000 cbm LNG bunker vessel christened in Rotterdam
Business Developments & Projects

Shell-chartered 8,000 cbm LNG bunker vessel christened in Rotterdam

LNG Shipping, a joint venture (JV) between Victrol and Sogestran, has christened an 8,000 cubic meter (cbm) inland LNG bunker vessel chartered by Shell Western LNG. Described as Europe’s largest inland LNG bunker vessel, Energy Stockholm was christened by its godmother Saheera Ahmad, Head of Busines

about 1 year ago
Illustration; Credit: OEUK
Business Developments & Projects

UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033

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Offshore Energies UK (OEUK) has outlined in its new report that decommissioning work could account for 22% of the cumulative oil and gas spend over the next ten years.

about 1 year ago
Illustration of a floating power hub
Business Developments & Projects

Norwegian duo looking into floating power hubs for offshore platforms with CCS solution

Techouse and electricity provider Ocean-Power – have signed a memorandum of understanding (MoU) to explore the option of developing a floating gas power plant with CO2-capture capabilities to be deployed on the Norwegian Continental Shelf (NCS).

about 1 year ago
Green shipping corridors
Business Developments & Projects

Green shipping corridors surge by 40% worldwide, report reveals

Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalyzed by public and private action – have rapidly expanded in popularity worldwide but progress could stall without urgent action from governments to overcome a “feasibility wall”, according to a

about 1 year ago
Courtesy of Corinth Pipeworks
Business Developments & Projects

Cenergy Holdings’ subsidiary upgrades capacity to address growing demand of steel pipes

Corinth Pipeworks, part of Belgian company Cenergy Holdings, has completed an upgrade to its production facilities to better serve the growing demand for steel pipes in offshore natural gas, carbon capture and storage (CCS), and hydrogen projects. According to Cenergy Holdings, the upgrade included

about 1 year ago
Gasgrid picks owner’s engineering partner for hydrogen projects in Baltic Sea
Business Developments & Projects

Gasgrid picks owner’s engineering partner for hydrogen projects in Baltic Sea

State-owned transmission system operator (TSO) Gasgrid Finland is advancing plans for hydrogen transmission infrastructure in the Baltic Sea with a framework contract for owner’s engineering services awarded to Switerzland-based StreamTec Solutions. As disclosed, the framework contract is awarded fo

about 1 year ago
Hystar launches 1.5 MW hydrogen technology project in Norway
Business Developments & Projects

Hystar launches 1.5 MW hydrogen technology project in Norway

Norwegian company Hystar has officially inaugurated its hydrogen technology HyPilot project at the Kårstø gas processing plant in Rogaland.

about 1 year ago
Tender opens for Greece's second HVDC cable system
Business Developments & Projects

Tender opens for Greece’s second HVDC cable system

Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE) has launched the tender for the country’s second high-voltage direct current (HVDC) cable system, a project that will integrate the Dodecanese Islands into the mainland high-voltage grid. The tender f

about 1 year ago
An aerial photo of the exhibition floor at Offshore Energy Exhibition & Conference 2023
Business Developments & Projects

One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam

The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto

about 1 year ago
European Commission
Business Developments & Projects

Funding for EU’s second hydrogen auction increases to around €2 billion

Spain, Lithuania and Austria will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, which will be launched on December 3, 2024.

about 1 year ago
Uniper’s Green Wilhelmshaven project in Northern Germany gains ground
Business Developments & Projects

Uniper’s Green Wilhelmshaven project in Northern Germany gains ground

German energy major Uniper has selected U.S. electrolyzer manufacturer Electric Hydrogen to design a 200 megawatt (MW) electrolyzer plant within its Green Wilhelmshaven project in Northern Germany.

about 1 year ago
António Guterres, UN Secretary-General, delivers remarks at the opening of the World Leaders Climate Action Summit at COP29 in Baku, Azerbaijan; Credit: UNFCCC/Kiara Worth
Business Developments & Projects

COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling

16 minutes read
Wallenius Wilhelmsen
Business Developments & Projects

Wallenius Wilhelmsen to introduce future fuels-fit fuel surcharge

Norwegian shipping and logistics company Wallenius Wilhelmsen has decided to launch a re-engineered bunker adjustment factor, BAF2.0, to prepare for future fuels on the path to net-zero emissions by 2040.

about 1 year ago
Transocean Barents rig; Source: OMV Petrom
Business Developments & Projects

WATCH: Transocean rig comes to Southeastern Europe for 540-day drilling gig on €4 billion gas project

Transocean is expected to kick off drilling activities in the Black Sea next year, after one of its semi-submersible rigs, which was hired for a gas project off the coast of Romania, arrived in Constanta.

about 1 year ago