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Business Developments & Projects

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The backs of a man and a woman holding onto a railing on a platform
Business Developments & Projects

Equinor’s zero-accident vision on the right track, but more work needed to reduce injuries

Norwegian state-owned energy giant Equinor has shared the safety results for the third quarter of 2024, noting an uptick in safety, paired with a slight increase in the total number of injuries towards the end of the quarter.

about 2 years ago
Anemoi rotor sails selected for Vale-operated 400K dwt ore carrier
Business Developments & Projects

Anemoi rotor sails selected for Vale-operated 400K dwt ore carrier

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Japanese shipping company NS United Kaiun Kaisha (NS United) and Brazilian mining giant Vale will equip a 400,000 dwt very large ore carrier (VLOC) with rotor sails manufactured by UK-based wind-assisted propulsion provider Anemoi Marine Technologies. Under the agreement, NS United and Vale will ins

about 2 years ago
Illustration; Source: IPTO
Business Developments & Projects

Prysmian, Nexans, and Fulgor to submit final offers in submarine power cable battle for Greek interconnectors

Prysmian, Nexans, and Fulgor are being invited to provide their final offers for the tender process for submarine alternating current (AC) cables destined for Aegean Islands interconnectors.

about 2 years ago
A large vessel at sea
Business Developments & Projects

Egyptian LNG coming to freshly opened Greek FSRU terminal

Greek energy investment firm Copelouzos Group has formed a strategic partnership with Egypt’s state-owned gas player, Egyptian Natural Gas Holding Company (EGAS), to transport the latter’s liquified natural gas (LNG) through the recently opened floating storage regasification unit (FSRU) terminal in

about 2 years ago
AWS Ocean Energy’s Waveswing installed offshore Orkney (Courtesy of EMEC)
Business Developments & Projects

EMEC unlocks access to UK research funding

The Orkney-based European Marine Energy Centre (EMEC) has secured independent research organization (IRO) status from UK Research and Innovation (UKRI), a public sector organization that supports the research and innovation system. This status enables EMEC to compete for research grants from the UK

about 2 years ago
Engineering contracts awarded for solar methanol plant in Port Augusta
Business Developments & Projects

Engineering contracts awarded for solar methanol plant in Port Augusta

Vast Renewables and Mabanaft have awarded contracts to Fichtner and bse Methanol to commence pre-FEED work for SM1, the solar thermal-powered plant that will produce green methanol in Port Augusta, South Australia.

about 2 years ago
Illustration; Source: Energinet
Business Developments & Projects

Nordic TSO quartet takes steps to bolster security cooperation

Four transmission system operators (TSOs) of the Nordic region have decided to take measures into their own hands and strengthen their cooperation amid rising geopolitical tensions and ongoing Russia-Ukraine and Israel-Gaza conflicts.

about 2 years ago
Sullom Voe Terminal; Source: Veri Energy
Business Developments & Projects

Trio enriches offshore electrification of oil & gas assets in UK and Norway with carbon capture

Three players have embarked on a decarbonization mission to bring offshore electrification operations to new heights in the UK and Norway by throwing carbon capture solutions into the mix to curb oil and gas installations’ carbon footprint.

about 2 years ago
An offshore platform
Business Developments & Projects

Norwegian firm lands waste management gig on Equinor’s North Sea platform

Norway-based cleantech service provider Soiltech has won a solid waste management contract with compatriot energy heavyweight Equinor for one of its platforms in the North Sea.

about 2 years ago
The CorPower 4 wave energy device offshore Porgual (Courtesy of CorPower Ocean)
Business Developments & Projects

CorPower Ocean locks €32M funding to scale wave energy commercialization

Swedish company CorPower Ocean has secured €32 million in Series B1 funding to advance the commercialization of its wave energy technology, marking a step towards making wave power a mainstream, bankable energy source. This latest investment round, the largest single investment into CorPower’s techn

about 2 years ago
18 companies unite for joint industry partnership to accelerate CCUS projects
Business Developments & Projects

18 companies unite in joint industry partnership to accelerate CCUS projects

Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e

about 2 years ago
MT Group to build hydrogen production and refueling station at Port of Klaipeda
Business Developments & Projects

MT Group to build hydrogen production and refueling station at Port of Klaipeda

MT Group has signed a contract with the Klaipeda State Seaport Authority to build a green hydrogen production and refueling station in the Port of Klaipeda.

about 2 years ago
blue tidal turbine named D10
Business Developments & Projects

Inyanga Marine Energy takes charge of France’s first grid-connected tidal turbine

Inyanga Marine Energy Group has taken control of the D10 tidal turbine, the first grid-connected tidal turbine in France, securing permission to operate the facility in the Fromveur Passage, off the coast of Brittany, until August 2028. The turbine, which delivers clean energy to the island of Usha

about 2 years ago
electric pilot boat
Business Developments & Projects

New fully-electric pilot boat marks Sweden’s step toward greener operations

UK-based maritime design and applied technologies company Artemis Technologies has won the tender to supply the Swedish Maritime Administration (SMA) with a fully electric pilot boat, marking a crucial milestone in Sweden’s ambition to transition toward fossil-free maritime operations. As disclosed,

about 2 years ago