Business Developments & Projects

New project in Norway to back maritime’s green transition
Norwegian Maritime CleanTech has launched a new initiative to support the green transition in the maritime sector.

Elogen gets KGS’s certification for stacks used in its electrolyzers
Elogen has received a certification from the Korean Gas Safety (KGS) for its stacks, the key components of its electrolyzers for hydrogen production.

Terntank adds fifth tanker to wind/methanol-ready fleet
Terntank exercised the option to order the fifth next-generation oil and chemical tanker with wind-assisted propulsion and dual-fuel engine.

First step taken toward development of cable factory in Maryland
Belgian Cenergy Holdings has passed the first milestone for the development of a cable manufacturing facility in Maryland, the U.S., by reaching a final investment decision (FID). The company announced in April that its U.S. subsidiary Hellenic Cables Americas is planning to build a new cable manufa

TotalEnergies books Shelf Drilling rig for work up to August 2026
TotalEnergies, has handed out a long-term deal to a jack-up rig owned by Shelf Drilling, an offshore drilling contractor.

Mystery European shipowner places $237 million order for ammonia carriers at HD KSOE
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has booked a new order for the construction of two very large ammonia carriers (VLACs).

WATCH: World’s largest crane vessel installs jacket for North Sea oil project
Aker BP has ticked off another box for its oil field life extension project by putting in place a new jacket in the North Sea with a semi-submersible crane vessel.

GTT lands tank design gigs for LNG carrier and FSRU
GTT has been hired to design tanks for a liquefied natural gas (LNG) carrier and for a floating storage and regasification unit (FSRU).

Ammonia fuel system design cleared for Eidesvik’s offshore vessel
Ammonia fuel system design developed as part of a project to install an ammonia-powered fuel cell on an offshore vessel has received preliminary approval.

Site investigations underway at RWE’s three Norfolk offshore wind project sites
RWE has kicked off geophysical and geotechnical site investigations at the Norfolk Boreas, Norfolk Vanguard East, and Norfolk Vanguard West offshore wind project sites in the UK, rights to which the German company acquired from Vattenfall earlier this year. The survey vessel Braveheart Spirit is con

Cepsa and PreZero enter alternative energies partnership
Cepsa and PreZero Spain have signed a partnership agreement under which the latter will supply biomethane from some of its projects to Cepsa, and the two companies will jointly develop biomethane plants. Furthermore, the parties will work on the recovery of waste to produce second-generation biofuel

SolarDuck and RWE install floating solar pilot at North Sea test site (Gallery)
Dutch-Norwegian company SolarDuck, with the support of offshore wind developer RWE, has installed its offshore photovoltaic (OFPV) project Merganser at the North Sea Farmers offshore test site in the Dutch North Sea.

Green shift in 2024: Fossil fuels to top $1 trillion but lion’s share of energy investment going to clean power
Clean energy technologies and infrastructure are poised to hit $2 trillion in 2024, which is double the amount going to coal, oil, and gas.

TotalEnergies chasing business growth through energy transition pursuits with hybrid supercomputer
TotalEnergies has launched a new generation of its supercomputer to help propel its energy transition agenda forward.