Business Developments & Projects
WATCH: Jacket for North Sea project on its way to Aker BP’s field
Aker BP is days away from welcoming the arrival of a new jacket at its project in the North Sea where it will be installed offshore Norway.
ABS joins EU-funded liquid hydrogen containment system project
ABS joined the LH2CRAFT project, a research initiative funded by the EU seeking to revolutionize liquid hydrogen storage on a massive scale.
Nexans’ subsea cable plant expansion spurs headcount and capacity boost amid rising demand in energy transition arena
Nexans has opened the doors of a newly expanded section of its high voltage subsea cable plant in Norway for business to address the growing demand in the offshore wind and electrification segments of the global energy transition tale.
GTT’s NEXT1 LNG cargo containment system wins two ‘major’ approvals
GTT received two approvals from Bureau Veritas and Lloyd’s Register for its GTT NEXT1 LNG cargo containment system.
Norwegian firm branches out into subsea engineering and construction sphere with acquisition of Ocean Installer
Moreld has sealed a deal with HitecVision to bring Ocean Installer into its fold to establish a diverse offshore engineering and project execution powerhouse.
UK start-up seeks permits for tidal generator trial in Alderney waters (Video)
London-based start-up tidal energy developer Spiralis Energy has applied for permits to test a surface tidal energy generator in the waters of Alderney, which is a part of Bailiwick of Guernsey.
Energy transition needs to pick up the pace to counter uncertainty over net zero targets
Equinor has highlighted that the speed and scale of the energy transition have to increase to reach the 1.5-degree ambition by 2050.
WinGD, Alfa Laval, ABS, KSB in new ammonia-fueled tanker project
WinGD, Alfa Laval, and ABS have signed an MoU with K Shipbuilding (KSB) for the development of an ammonia-fueled medium range tanker design.
Norway’s Energy Ministry launches seventh call for CO2 storage licenses
Three new areas for CO2 storage are up for grabs in the North Sea offshore Norway, representing the seventh time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). The Norwegian Ministry of Energy announced on June 6 that it was inviting interested companies to appl
Green light for VLAC design integrated with Amogy’s ammonia-powered technology
HD HHI and Capital Gas obtained AiPs for very large ammonia carrier design that integrates Amogy’s ammonia-to-electrical power system.
RenewableUK Cymru pushes for renewable energy reforms in Wales
RenewableUK Cymru is urging the next UK Government to set technology-specific targets to support the goal of meeting 100% of electricity demand from renewable sources by 2035.
As UK’s general elections draw near, candidates urged to throw support behind ‘homegrown’ energy transition
Offshore Energies UK (OEUK) has called on all participants in the upcoming general elections to back the domestic energy sector, as this transition pathway is said to safeguard energy security and jobs while accelerating economic growth.
Dutch open-access liquid CO2 terminal in Rotterdam port gains ground
CO2next, the planned liquid CO2 terminal in the Rotterdam port is progressing to a new phase with Shell and TotalEnergies as new partners.
Long-duration, transoceanic USV all done with sea trials
Maritime autonomy solutions company Exail has completed sea trials of its new transoceanic uncrewed surface vessel (USV), designed for long-duration operations of up to 30 days. The DriX O-16 USV, unveiled last March, was first put to sea on May 29 in its home port of La Ciotat in the South of Franc