Business Developments & Projects

DFDS to splurge €1B on battery electric ships for the Channel
DFDS has unveiled a €1 billion investment in battery electric vessels to decarbonize maritime traffic in the English Channel.

Japanese start building UK’s first HVDC cable factory
Japan-headquartered Sumitomo Electric has kicked off the construction of its subsea cable factory in Scotland, set to supply critical elements for the reinforcement of the UK electricity transmission grid and for connecting renewable energy production facilities to the grid. Sumitomo Electric held t

Polish oil & gas firm gearing up for drilling ops offshore Norway
PGNiG Upstream Norway has received consent to deploy one of the Odfjell Drilling-managed rigs for exploration activities in the Norwegian Sea.

Australian firm gets its hands on two licenses in UK’s 33rd oil & gas round
The NSTA has offered Australia’s Finder Energy two licenses in the final tranche of Britain’s 33rd offshore licensing round.

Tickets now on sale for Offshore Energy Exhibition & Conference 2024
This is a press release from Navingo BV, the owner of Offshore Energy news site and the organizer of the annual Offshore Energy Exhibition & Conference in Amsterdam, the Netherlands. The registration period for Offshore Energy Exhibition & Conference 2024 (OEEC 2024) in Amsterdam is now open. Early-

€2.5M investment program open for testing marine renewable energy technologies
Energiaren Euskal Erakundea / Ente Vasco de la Energía (EVE) has promoted an investment support program for the demonstration and validation of emerging marine renewable energy technologies that is open for applications until June 19, 2024.

BP restarts oil production at offshore platform in Azerbaijan ahead of schedule
BP has wrapped up planned maintenance works at one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan earlier than expected.

Surveys starting at ‘first-of-its-kind’ UK-Netherlands multi-purpose interconnector
Italy-headquartered Next Geosolutions is about to kick off a cable route survey in the UK for the LionLink multi-purpose interconnector that will connect the UK with the Netherlands. LionLink, being developed by the Dutch TenneT and the UK’s National Grid, will connect a Dutch offshore wind farm wit

Cepsa selects electrolyzer supplier for its green hydrogen plant in Spain
Cepsa has chosen thyssenkrupp nucera as the preferred supplier of a 300-megawatt (MW) electrolyzer for the company’s green hydrogen plant in Huelva, Spain.

UK player scores more work on Harbour Energy’s North Sea platforms
European Power Systems (EPS) has signed a master service agreement (MSA) with Harbour Energy for work on three platforms in the North Sea.

UK well-positioned to kick-start shipping’s transition to green fuels, report shows
The United Kingdom can become an early mover in the global shipping industry’s transition to zero-emission fuels, a new report finds.

SolarDuck’s floating solar plant Merganser nearing completion
SolarDuck’s offshore floating solar plant, Merganser, has come close to completion and is nearing the next phase of this project – the installation in the North Sea.

ABL company to evaluate Norwegian CO2 storage license
AGR, part of energy and marine consultancy group ABL Group, has been appointed to perform an independent third-party storage evaluation of Wintershall Dea and Altera Infrastructure’s CO2 storage license offshore Norway. The two companies were awarded the carbon capture and storage (CCS) license to d

North Sea oil project inching closer to FID as FEED work moves forward on schedule
Progress is being made in putting all the requirements in place to sanction NEO Energy’s redevelopment project on the UK Continental Shelf (UKCS).