Business Developments & Projects
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.
Odfjell Drilling rig staying in Norway until Q3 2026 with eight new wells added to backlog
Equinor has prolonged the assignment of an Odfjell Drilling-owned semi-submersible rig by adding more wells to the rig’s backlog.
CMP and Green2x to build one of the world’s largest biofuel plants in Malmö
Copenhagen Malmö Port (CMP) and Green2x have entered into a partnership to design, establish and operate one of the world’s largest biofuel plants to date at CMP’s terminals in the port of Malmö, Sweden.
Germany: Construction begins for €2.8 billion, first-ever energy link to UK
The main construction phase of the first-ever energy link between the UK and Germany has commenced on the German side of the project, ten months after work had begun in the UK. More than 80 guests from politics, business and authorities celebrated the official groundbreaking today, May 21, at the co
First Hollandse Kust (west Beta) export cable in place
The first of two export cables for TenneT’s Hollandse Kust (west Beta) offshore grid connection has been pulled underneath the dunes at Velsen, the Netherlands. In the coming days, the consortium between Boskalis and Orient Cable will bury this 220 kV AC cable into the seabed. Boskalis’ cable-laying
Prosafe’s fleet utilization rate rebounds from last year’s drop in activity
Norway’s Prosafe has shared its fleet utilization rate for April 2024 alongside insights into the vessel activity during 1Q 2024.
Continued EPCI projects growth brings UK subsea player to Paris
UK-headquartered provider of subsea infrastructure installation and protection Enshore Subsea has opened an office in France to support continued growth in its EPCI Projects division. Located in central Paris, the new office is set to provide a base for the company’s team working on turnkey EPCI pro
Thyssenkrupp and Johnson Matthey ally on integrated blue ammonia solution
Thyssenkrupp Uhde and Johnson Matthey (JM) have signed a memorandum of understanding (MoU) to jointly offer a fully integrated low-carbon (blue) ammonia solution.
Urgent political alignment needed for UK to achieve ‘just and fair’ energy transition by 2030
The UK will fail to achieve a “just and fair” energy transition by 2030 unless there is urgent alignment across the political spectrum to sustain offshore energy industry jobs, supply chain investments and the economic contribution of the workforce, a new report by Robert Gordon University (RGU) sta
Marella Cruises launches microplastic capture trial with Cleaner Seas Group
British cruise line Marella Cruises, part of TUI UK, and Cornwall-based greentech innovation company Cleaner Seas Group have embarked on an industry-first initiative with a six-month trial in microplastic capture aboard the Marella Explorer.
Türkiye reinforces gas ties with US and Azerbaijan, notches up renewable electricity milestone
In the wake of the BOTAŞ-ExxonMobil LNG deal, Türkiye has taken steps to strengthen its energy bonds with the United States and Azerbaijan.
Genevos joins H2-SEAS consortium in hydrogen electric fishing vessel project
Genevos, a French specialist in hydrogen and fuel cell power systems integration for the maritime sector, has joined the H2-SEAS consortium that aims to develop and build a hydrogen-electric fishing vessel prototype.
New jobs expected in North East England as Prysmian inks deal with Middlesbrough Port
Italian cabling giant Prysmian has established a long-term partnership with Port of Middlesbrough, its northern European marine base, as part of its growth plans, expected to create new jobs in the region. Prysmian, which has been a tenant at Port of Middlesbrough for several years, has signed a ten
UK oil & gas firm gets the go-ahead to bring field online as tie-back to North Sea FPSO
Serica Energy has received a stamp of approval to develop its operated field in the North Sea, which will be tied back to an existing FPSO.