Business Developments & Projects

National associations commit to advancing clean hydrogen across Europe
National hydrogen associations agreed to strengthen ties through Cooperation Charter for European Associations Advancing Clean Hydrogen.

Aker BP preparing to spin the drill bit in Norwegian Sea
Aker BP has secured a green light to use one of Odfjell Drilling’s semi-submersible rigs for exploration activities in the Norwegian Sea.

Scan Global Logistics and Hapag-Lloyd forge biofuel partnership
Scan Global Logistics (SGL) and Hapag-Lloyd have partnered up for a multimillion-dollar ocean biofuel initiative.

Hamburg first European port to offer shore power for container and cruise ships
The Port of Hamburg has become the first port in Europe to offer shore power for both container and cruise vessels.

Lloyd’s Register approves Ricardo’s hydrogen solution for maritime
Ricardo has received approval in principle (AiP) from Lloyd’s Register for the design of its multi-megawatt containerized fuel cell power plant solution.

Port of Antwerp-Bruges: ‘World’s first’ methanol-powered tug launched
The Port of Antwerp-Bruges has launched Methatug, described as “the world’s first” methanol-powered tugboat.

SafeWAVE project bolsters ocean energy data platform
MARENDATA, formerly supported by EU projects like SOWFIA, WESE, and SeaWAVE, continues to expand its data sets through the SafeWAVE initiative. It retains all existing datasets while introducing new ones.

‘Large’ orders for floating production systems coming soon
The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

NKT performs remediation work at 12-year-old Irish Sea interconnector
Denmark’s NKT has completed inspection survey and remediation work on an interconnector that has been linking the electricity transmission grids of Ireland and Great Britain for twelve years. The specialized inspection and remediation work on the East West HVDC interconnector (EWIC) allows the owner

Equinor and Petoro swap assets in Norwegian waters
Equinor has struck a value-neutral asset swap deal with Petoro, a compatriot player, to harmonize equity interests on the Norwegian Continental Shelf (NCS).

Technical due diligence wraps up for what will be world’s longest HVDC subsea cable
Energy and marine consultancy ABL has completed technical due diligence for what is expected to become the world’s longest HVDC subsea cable once it connects the UK and Morocco. The Xlinks Morocco-UK power plant includes the development of a commercial-scale renewable energy project in Morocco, harn

Finnish developer probing seabed at extension site of world’s first offshore wind farm in freezing conditions
Suomen Hyötytuuli has performed test dredging at the site of the Tahkoluoto offshore wind farm extension project, where the company plans to build a 600+ MW expansion to the existing 44.3 MW offshore wind farm, the world’s first built and operating in frozen sea conditions. The test dredging was car

Costs of energy storage systems on offshore hydrogen platforms can be reduced by 75%, study says
The costs for energy storage systems (ESS) on offshore hydrogen platforms can be reduced by 75%, a study by Dutch green hydrogen company H2SEA found.

New ammonia terminal operations to be developed in Europe and America
Proton Ventures and LBC Tank Terminals have established a strategic joint venture aimed at developing ammonia terminal operations across Northwestern Europe and North America.