Business Developments & Projects
Large-scale floating solar, green hydrogen production systems planned for new Dutch offshore wind farm
The joint venture between Vattenfall and Copenhagen Infrastructure Partners (CIP), which has been awarded the 2 GW IJmuiden Ver Beta offshore wind area in the Netherlands, will also build a floating solar farm within the offshore project site and install a large-scale electrolyzer in the Port of Rot
Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon
Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investme
Offshore drilling player considering signing up to Euronext Growth Oslo
Offshore drilling contractor Vantage Drilling is entertaining the option of starting trading on Oslo’s Euronext Growth stock exchange market.
Wavepiston completes full-scale energy collector installation off Gran Canaria coast
Danish company Wavepiston has finished another round of installation of a full-scale energy collector on the Wavepiston string off the coast of Gran Canaria, Spain.
‘Key milestone’ keeps Scottish subsea links on track for energization in 2030
SSEN Transmission and Hitachi Energy have signed initial work contracts for pre-construction work related to two Scottish subsea links, ensuring the projects remain on track for commissioning in 2030. The companies secured another key milestone in their partnership to provide a high voltage direct c
Dolphin Drilling rig comes to shipyard in Las Palmas for 10-month stay ahead of UK gig
Dolphin Drilling’s semi-submersible rig has arrived to Astilleros Canarios (Astican) in Las Palmas de Gran Canaria (Canary Islands).
Houlder presents methanol bunkering vessel design for SPINE maritime project
Houlder has announced progress in its involvement in the SPINE maritime project, with the design of a 10,000 cbm methanol bunkering vessel.
Ammonia cuts shipping GHG emissions by up to 61%, study says
An independent study, commissioned by SGMF, has revealed that GHG reductions of up to 61% are now achievable from using ammonia as a marine fuel.
Twofold increase in LNG vessel orders playing out against the backdrop of elevated newbuilding prices
The number of LNG newbuilding values is perceived to be at a record high with twice as many newbuild orders in 2024 as there were last year.
Dutch company converts 2016-built multi-purpose support vessel for survey ops
Dutch survey company Deep BV has expanded its survey capacity with the conversion of a multi-purpose support vessel, built in 2016, into a survey vessel. Deep BV announced it had completed the conversion of the multi-purpose support vessel Miranda from Van Laar Maritime into a survey vessel, with fo
171-meter Prysmian cable layer steps closer to delivery with launch at VARD
Norwegian ship designer and shipbuilder VARD has launched Prysmian’s new cable laying vessel (CLV) Monna Lisa, sister ship to Leonardo da Vinci, coming a step closer to delivery in 2025. VARD has completed steel cutting, keel laying, generator installation, and hull erection on the 171-meter Monna L
To back energy transition, Shearwater and XOCEAN unite for CCS and offshore wind
Building on the joint delivery of several large data campaigns, Norway’s Shearwater GeoServices and Ireland-based XOCEAN have set up a strategic collaboration to provide integrated data solutions to the carbon capture and storage (CCS) and offshore wind markets. The collaboration will combine Shearw
UK firm dropping out of Shell’s North Sea gas discovery due to funding woes
Deltic Energy is exiting from a gas discovery in the Southern North Sea after its efforts to secure funds for its share of appraisal costs fell through.
Methanol-ready Mein Schiff 7 delivered
Finnish shipbuilder Meyer Turku has delivered Mein Schiff 7, a methanol-ready cruise ship, to German cruise line TUI Cruises.