Business Developments & Projects

Danish companies to investigate the potential of wave-wind combo
Danish wave energy company Wavepiston and its compatriot offshore wind company Ørsted have established a partnership to examine the potential for co-location of wave energy and offshore wind in Denmark.

NKT’s cable-layer undergoes upgrades due to growing market demand
Following certification to use biofuels for the vessel, Denmark-based power cable manufacturer and installation company NKT has made a number of upgrades on its cable-laying vessel (CLV) NKT Victoria, said to be prompted by growing market demand and customer requirements. With the aim of boosting it

Tidal energy start-up finds site for its tech if successful in UK’s 2025 CfD
London-based start-up tidal energy developer Spiralis Energy has revealed its intention to bid for a 15-year contract with the UK Government as a part of Contracts for Difference (CfD) 2025 to integrate its technology into the national grid.

Underwater pipeline that will end gas isolation of two Danish islands gets approval
The Danish Energy Agency has given its permission for a natural gas pipeline that will connect two islands with the rest of the Danish gas network to be put into operation. Danish network owners Energinet and Evida want to establish an approximately 115-kilometer-long gas pipeline from Everdrup on Z

Norwegian firm all set to deploy Odfjell Drilling rig for hydrocarbon exploration in North Sea
Aker BP has received the all-clear from Norway’s authorities to use one of Odfjell Drilling’s semi-submersible rigs for operations in the North Sea.

SLB hired to unlock ‘large potential’ of TotalEnergies’ Angolan deepwater project
Shortly after establishing a ten-year partnership to co-develop scalable digital solutions aimed at enhancing access to energy resources, TotalEnergies awarded SLB with a contract for a 13-well subsea production scope for a deepwater project offshore Angola. SLB’s OneSubsea joint venture, also backe

Another Asian shipbuilder orders TMC compressors for its LNG carriers
TMC has been hired by Hanwha Ocean to supply marine compressed air systems for 3 LNG carriers the latter is building for an Asian shipowner.

MOL Group launches organization for low-carbon and new energies
MOL Group has unveiled a “Low Carbon and New Energies” branch within its Exploration and Production division.

Schulte Group launches new firm for ship emissions management
Germany’s maritime solutions provider Schulte Group has established Ocean Opt, a new company that will serve as a one-stop solution for emissions management for ship managers, owners and charterers.

UK’s first offshore hydrogen production trials kick off in South Wales
After six-year development, ERM is testing its Dolphyn Hydrogen process which combines electrolysis, desalination, and hydrogen production on a floating wind platform.

VARD starts building hybrid cable lay & construction vessel for Japanese offshore wind
Norwegian VARD has held the steel cutting ceremony for the highly customized hybrid power cable lay and construction vessel it is building for the Japanese offshore wind market. The steel-cutting ceremony for NB 980 was held on July 1 in Vard Shipyards Romania – Braila, marking a milestone in the co

HHLA opens hydrogen test field in Port of Hamburg
Hamburger Hafen und Logistik (HHLA) has opened the first test field for hydrogen-powered port logistics as well as the corresponding hydrogen refuelling station in the Port of Hamburg.

DeepOcean secures inter-array cable contract for RWE’s offshore wind project
Ocean services provider DeepOcean has been awarded a contract for RWE’s Nordseecluster A offshore wind project in Germany, covering trenching, transport, and installation of inter-array cables. RWE has recently made the final investment decision for its entire Nordseecluster, involving offshore wind

Eidesvik’s LNG-powered PSV extends its decades-long run with Norwegian major
Eidesvik Offshore has secured a five-year contract extension with Equinor for one of its platform supply vessels (PSVs).