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Business Developments & Projects

Partners exploring viability of France’s CO2 transport and liquefaction network, eyeing 2030 completion date

Following June’s call for expressions of interest (CEI) to develop a network of CO2 transport infrastructure in France, French liquefied natural gas (LNG) operator Elengy has launched feasibility studies for the project in partnership with compatriot Société du Pipeline Sud-Européen (SPSE), a player

about 2 years ago

Business Developments & Projects

ABL secures work on French offshore grid connections

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Energy and marine consultancy company, ABL, has been appointed as marine warranty surveyor (MWS) to support the marine transportation and installation (T&I) operations for the Centre Manche 1 and Centre Manche 2 offshore substations in France. Centre Manche 1 and Centre Manche 2 are part of two offs

about 2 years ago

Business Developments & Projects

Marubeni to acquire 28% stake in Gearbulk

Japanese conglomerate Marubeni will buy a 28% stake in Switzerland-based shipping company Gearbulk from Kristian Jebsen and his family.

about 2 years ago

Business Developments & Projects

Denmark sets aside $4.2 billion as part of its third fund for carbon capture and storage

The Danish Energy Agency has launched the tendering procedure for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion ($4.2 billion) available for interested parties to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, trans

about 2 years ago

Business Developments & Projects

Wagenborg orders sixth fuel-efficient EasyMax

Dutch shipowner Royal Wagenborg has ordered another 14,000 dwt energy-efficient EasyMax multipurpose vessel at a local shipyard.

about 2 years ago

Business Developments & Projects

UK regulator streamlining offshore license transactions with set of guidelines

The UK’s regulator, the North Sea Transition Authority (NSTA), has published a guidance document to assist current and potential offshore license holders and investors with the application for and management of licenses on the UK Continental Shelf (UKCS). Following consultations with industry stakeh

about 2 years ago

Business Developments & Projects

‘First concrete results’ in sight for green hydrogen project in Atlantic area ports

Ports in the Atlantic area are one step closer to deploying and using green hydrogen-based technologies through the HYDEA project with a new interactive map containing information on main initiatives and most promising hydrogen applications and opportunities. Launched in November 2023 by the consort

about 2 years ago

Business Developments & Projects

Masdar allies with Norwegian companies on renewables and green hydrogen

Abu Dhabi Future Energy Company (Masdar) has signed agreements with Norwegian companies to explore clean energy opportunities with green hydrogen in focus.

about 2 years ago

WaveRoller, a white and blue wave energy converter in the sea

Business Developments & Projects

International consortium launches wave energy pilot to conquer tech challenges for large-scale farms

The Ondas de Peniche (ONDEP) project has launched as a consortium of major players gathered in Brussels, Belgium, to kick off the wave energy pilot farm. This initiative, aimed at harnessing wave energy for scalable solutions across Europe, includes consortium members such as Queen’s University Bel

about 2 years ago

Business Developments & Projects

Alfa Laval set to supply first fuel systems for ammonia-fueled ships by end of 2025

Having delivered two test systems for ammonia-fueled engines developed by Swiss engine designer WinGD, Swedish marine technology company Alfa Laval is gearing up to supply its first fuel systems for ammonia-fueled vessels by the end of 2025. Building on the partnership with WinGD established in late

about 2 years ago

Business Developments & Projects

New UK-Singapore partnership to boost green and digital shipping

UK’s Imperial College London and the Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MoU) aimed at advancing innovations in zero-carbon shipping and achieving net-zero port emissions to support the decarbonization of the maritime sector.

about 2 years ago

Cameron McNatt, Mocean Energy Managing Director and Davis Larssen, Proserv CEO.

Business Developments & Projects

Wave, solar, and battery tech intertwining for greener subsea ops as Mocean Energy joins forces with UK firm to fast-track offshore decarbonization

Scottish wave energy company Mocean Energy and Aberdeen-based controls specialist Proserv have signed a memorandum of understanding (MoU) to accelerate the shift to low-carbon solutions for underwater operations. The duo aims to replace traditional umbilical power cables with a renewable-powered al

about 2 years ago

Business Developments & Projects

Norway tweaking 2025 national budget to fit Equinor offshore projects’ cost overruns

Norway’s Ministry of Energy has listed the status of 13 projects, either under development or recently completed, out of 19 operated by the Norwegian state-owned energy giant Equinor in the country’s proposed budget for next year.

about 2 years ago

Business Developments & Projects

Winners of EU’s pilot hydrogen auction sign grant agreements

Six out of seven projects, selected for EU financial support in the Innovation Fund’s pilot hydrogen auction (IF23 Auction), have signed their respective grant agreements. One project withdrew from the process.

about 2 years ago