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Business Developments & Projects

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Hellenic Cables gets turnkey contract for project aimed at improving energy reliability of Greek islands
Business Developments & Projects

Hellenic Cables gets turnkey contract for project aimed at improving energy reliability of Greek islands

Greece’s Hellenic Cables has secured a turnkey contract with Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO) for the submarine interconnection of the Ionian islands. Under the contract, Cenergy Holdings’ cable segment is in charge of the design, supply, and in

about 2 years ago
Ursula von der Leyen, President of the European Commission; Image credit: World Economic Forum
Business Developments & Projects
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Von der Leyen: Investment in European hydrogen to grow by 140% in 2024

Investment in European hydrogen is set to grow by 140% in 2024, according to European Commission President Ursula von der Leyen.

about 2 years ago
ExxonMobil buys FPSO working off Guyana for $1.23 billion
Business Developments & Projects

ExxonMobil buys FPSO working off Guyana for $1.23 billion

U.S.-headquartered ExxonMobil has closed the purchase of a floating production, storage, and offloading (FPSO) vessel working in Guyana from SBM Offshore, while the Dutch FPSO operator will continue operating and maintaining the vessel. ExxonMobil Guyana Ltd. and BM Offshore completed the transactio

about 2 years ago
Madoqua and partners unveil plans for Portugal-Netherlands-Germany green fuels corridor
Business Developments & Projects

Madoqua and partners unveil plans for Portugal-Netherlands-Germany green fuels corridor

Dutch-Portuguese project development company Madoqua has signed a memorandum of understanding (MoU) with Port of Sines, Port of Rotterdam, and duisport to establish a green fuels corridor connecting Portugal with the Netherlands and Germany. Backed by the Portuguese government, the parties signed th

about 2 years ago
Final preparations for OEEC 2024 underway
Business Developments & Projects

Final preparations for OEEC 2024 underway

Offshore Energy Exhibition & Conference 2024 (OEEC 2024) is coming up this month. Work on the event is at full steam at Navingo (the company behind OEEC and Offshore-Energy.biz brands) with final tweaks and preparations underway. The exhibition floor has been almost completely booked and visitors ar

about 2 years ago
Reprocessing project wraps up for 'largest OBN survey' on Norwegian Continental Shelf
Business Developments & Projects

Reprocessing project wraps up for ‘largest OBN survey on Norwegian Continental Shelf’

A tripartite partnership has completed the reprocessing project for what is said to be the largest ocean bottom node (OBN) survey conducted on the Norwegian Continental Shelf (NCS). Viridien, TGS and Aquila Holdings, under its subsidiary Axxis Multi-client, announced on November 4 the completion of

about 2 years ago
GoodFuels delivers B30 biofuel blend to Norwegian Cruise Line ship in the Netherlands
Business Developments & Projects

GoodFuels delivers B30 biofuel blend to Norwegian Cruise Line ship in the Netherlands

Norwegian Cruise Line has taken the next step in its decarbonization journey with the adoption of biofuel, which is estimated to enable up to 80-90% reduction in lifecycle CO2 emissions without engine modifications. Norwegian Cruise Line’s ship Norwegian Dawn recently received a B30 sustainable biof

about 2 years ago
STAX Engineering
Business Developments & Projects

EU called to unlock investments in production of clean maritime fuels

Clean Maritime Fuels Platform, an industry initiative aiming to enhance communication between the shipping sector and fuel producers, has called on policymakers to create regulatory conditions to unlock investments in the production of clean maritime fuels in the EU.

about 2 years ago
Christiania Shipping concludes acquisition of stainless steel chemical carrier operator
Business Developments & Projects

Christiania Shipping concludes acquisition of stainless steel chemical carrier operator

Chemical ship-owning and chartering company Christiania Shipping has finalized the acquisition of NAVQUIM Holding, an owner and operator of stainless steel chemical carriers. Christiania Shipping announced the acquisition of NAVQUIM Holding from Sogestran Shipping at the beginning of September 2024.

about 2 years ago
EnQuest gives out HVAC contract for its UKCS assets
Business Developments & Projects

EnQuest gives out HVAC services contract for its UKCS assets

London Stock Exchange-listed energy player EnQuest has awarded engineering, procurement, and construction (EPC) services provider Nexos, formerly known as Global E&C, with a contract for heating, ventilation, and air conditioning (HVAC) services for its offshore assets on the UK Continental Shelf (U

about 2 years ago
Call for Interest launched for Europe’s first major hydrogen corridor
Business Developments & Projects

Call for Interest launched for Europe’s first major hydrogen corridor

Five European transmission system operators (TSOs) involved in the H2med project, the first European major hydrogen corridor, have launched a non-binding Call for Interest to identify the needs of future infrastructure users along the corridor. The Call of Interest was officially opened today (Novem

about 2 years ago
Swedish cleantech company joins Ammonia Energy Association
Business Developments & Projects

Swedish cleantech company joins Ammonia Energy Association

As part of its strategic growth plan, Swedish technology development and integration partner for the commercialization of hydrogen and fuel cell technologies, Catator, has joined the Ammonia Energy Association (AEA).

about 2 years ago
Planning application submitted for 'key element' of Scottish Pathway to 2030 investment program
Business Developments & Projects

Planning application submitted for ‘key element’ of Scottish Pathway to 2030 investment program

SSEN Transmission has submitted a planning application to Aberdeenshire Council for a hub that will comprise the converter stations of the Spittal to Peterhead and the Eastern Green Link 3 links, among others, seen as a crucial component of the £20 billion Pathway to 2030 investment program in the n

about 2 years ago
Orbital O2 at EMEC (Credit Orbital Marine Power)
Business Developments & Projects

Direct access to tidal energy could benefit Scottish coastal communities, report finds

A recent study led by the European Marine Energy Centre (EMEC) and the Offshore Renewable Energy (ORE) Catapult has shown that direct access to tidal energy could reduce the dependency of Scottish coastal communities on costly diesel and oil power by enabling cleaner, locally sourced energy without

about 2 years ago