Business Developments & Projects
Nel inks alkaline electrolyzers deal with Indian company
Nel Hydrogen Electrolyser and Reliance Industries Limited (RIL) have entered into a technology licensing agreement that provides the latter with an exclusive license for Nel’s alkaline electrolyzers in India and allows it to manufacture them for captive purposes globally.
Wärtsilä systems picked for electrification of two Scandlines ferries
Finnish technology group Wärtsilä has been contracted to supply electrical systems needed to convert two ferries operated by Danish company Scandlines to a plug-in hybrid solution.
DeepOcean performs first-ever subsea dredging operations remotely from shore
Norway-based ocean services provider DeepOcean has completed subsea dredging operations remotely from shore for the first time ever. This milestone activity was carried out for Norwegian oil and gas player Aker BP. DeepOcean’s remotely operated vehicles (ROVs) onboard the Edda Fauna were utilized fo
HYDS links up with px Group to increase use of green hydrogen in the Nordics
Norwegian developer of green hydrogen plants Hydrogen Solutions (HYDS) and UK-based infrastructure solutions business px Group have developed a partnership that will seek to accelerate the energy transition through the development of low-carbon, renewable fuels and power. The strategic partnership w
Minesto CEO: Dragon tidal energy technology ready for farm and microgrid deployment
Minesto’s CEO declared commercial readiness for Dragon Class, saying that they are ready for commercial deployment at the right performance levels. The existing offer is provided with a combination of wing size, power take-off (PTO), and tether length.
US state fund looking to invest in Greece-Cyprus-Israel interconnector
A U.S. state fund has expressed its interest in investing in an interconnection project that will link the electricity grids of Greece, Cyprus and Israel. The U.S. International Development Finance Corporation (DFC) has submitted a letter of intent (LoI) to Greece’s transmission system operator (TSO
Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023
Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bankroll oil and gas projects.
Rovco to work on site characterization at 1.5 GW offshore wind project in UK
Rovco has been selected for site characterization work on the 1.5 GW Outer Dowsing Offshore Wind project in the UK. With the project scheduled to start imminently, the UK-based company will be responsible for carrying out a full geophysical investigation of several key sites at Outer Dowsing Offshor
UK firm’s new technology pans out in trials on North Sea FPSO
UK-based APS has conducted a field trial of its microbubble infusion unit (MiFU) technology, resulting in lower oil in water (OiW) levels.
Offshore cable ops resume at Ireland-Wales interconnector after a break
Following a pause due to poor weather and vessel maintenance, offshore cable operations have resumed at the Greenlink interconnector that will link Ireland and Wales. Cable burial and trenching activities are ongoing along the interconnector route by the 127-meter-long DP2 offshore support vessel Gr
GTT and Engie invest in gas handling technology developer
Investment funds of French companies GTT and Engie have taken part in a €4 million financing round to support the development of compatriot CryoCollect, an engineering company specialized in gas handling technologies for biomethane, carbon dioxide (CO2), and hydrogen.
‘Dramatic energy savings’ on the menu for one of Solstad’s largest CSVs
One of the largest construction support vessels (CSVs) in Solstad Offshore’s fleet is set to receive an energy-efficient upgrade said to allow “dramatic energy savings”. Kongsberg Maritime has been appointed to upgrade the Normand Sentinel from AZP 120 CP mechanical thruster to RD-AZ2600 rim-drive a
Asso.subsea comes on board Ireland’s first power connection with continental Europe
Greece’s Asso.subsea has joined forces with French cable maker Nexans to perform subsea burial operations for what will become Ireland’s first power connection with continental Europe. The Celtic Interconnector spans 575 kilometers, constituting a high voltage direct current (HVDC) connection across
Echandia wins largest battery system order to date
Swedish maritime battery system supplier Echandia has received an order to deliver battery systems to a Northern European ferry operator.