Business Developments & Projects
‘Significant progress’ on converter station sites for first France-Ireland interconnector
The construction works for Celtic Interconnector, the first interconnector between Ireland and France, are well underway, with converter station sites on both sides of the project achieving “significant progress”, Irish transmission system operator (TSO) EirGrid reported. On the Irish side in Ballya
UK set on leaving fossil fuels behind and turning into clean energy superpower
The UK is determined to accelerate its energy transformation, moving away from coal, oil, and gas to turbocharge its clean, green energy mission before the end of the decade.
Peninsula delivers LNG to K Line’s car carrier in Gibraltar
Peninsula has delivered LNG to the newly built dual-fueled car carrier Thor Highway, operated by K Line, in Gibraltar.
Mabanaft requests permission to build ammonia import terminal in Hamburg
Mabanaft has submitted approval documents for the planned construction of an ammonia import terminal in Hamburg, Germany.
Lhyfe and Elyse Energy to produce e-methanol from green hydrogen for maritime decarbonization
Lhyfe partnered with Elyse Energy to assess production of e-methanol from green hydrogen, aiming to decarbonize maritime transport.
Busy period for TGS as it inks software license deal with Shell and two new contracts
Following the merger with compatriot PGS, Norwegian seismic company TGS is looking at a busy period ahead with two new contracts, one in Europe and one in North America, for offshore data acquisition. TGS secured a 45-day ultra-high resolution 3D (UHR3D) acquisition contract in Europe for an offshor
Ongoing perforation ops at Black Sea field fuel hopes of higher gas flow rates offshore Türkiye
Encouraged by the current results of its well intervention program, Trillion Energy is anticipating an increase in gas flow rates from the wells at its natural gas field in the Black Sea.
With UK’s oil & gas decom costs on the rise, operators urged to get the job done by securing supply chain resources ‘now’ to avoid bottlenecks
The NSTA has warned North Sea operators to pick up the pace of their well decommissioning operations to prevent further price hikes.
Fit for (sustainable) future: Onshore power supply gaining ground in European ports
Ports in Europe are increasingly implementing shore power projects in an effort to stay ahead of the global decarbonization game and comply with EU regulations.
Germany grants €4.6 billion to 23 IPCEI hydrogen projects
German federal and state governments have granted €4.6 billion in funding to 23 hydrogen projects that are a part of the “infrastructure wave,” Hy2Infra, of the Important Projects of Common European Interest (IPCEI) Hydrogen program.
UK company unveils quick connection system for floating structures
UK-based Blackfish Engineering has unveiled a mooring system, called C-Dart, which eliminates the direct handling of heavy mooring lines by operational personnel. The system is designed to rapidly connect various floating structures and assets, including wave and tidal energy converters, offshore wi
EU’s first-ever methane clampdown regulation becoming law of the land
The EU has set standards in place to curb its methane footprint from the energy sector, with the historic legislation to slash methane emissions in Europe.
Lomarlabs joins forces with CargoKite to develop new zero-emission ship class
lomarlabs has signed a collaboration agreement with CargoKite to develop a new ship class of micro ships using large kite systems as the main method of propulsion and AI for autonomous operation.
Italian firm on track to bring FSRU for its LNG terminal online next year
Italy’s Snam has disclosed that the work is going as planned, with the FSRU for its Ravenna LNG terminal scheduled to go online in Q1 2025.