Business Developments & Projects

Argeo to deliver AUV survey for Woodside in Trinidad and Tobago
Norwegian marine survey contractor Argeo has secured a contract with Australian energy major Woodside Energy to deliver a survey for a deepwater field in Trinidad and Tobago. Under the signed contract, Argeo will perform the 2024 autonomous underwater vehicle (AUV) geophysical survey for the Calypso

Another DOF vessel finds new owner
DOF Rederi, a fully owned subsidiary of Norway’s vessel owner DOF Group, has sold one of its PSVs to an undisclosed company.

Seaspan, Hapag-Lloyd to retrofit five 10,100 TEU boxships to methanol propulsion
Hong Kong-based containership owner Seaspan Corporation and German container shipping major Hapag-Lloyd have entered into a partnership agreement to retrofit and convert five 10,000 TEU containerships powered by conventional S90 engines to dual-fuel engines capable of running on methanol.

MODEC hands out deal for Guyana-bound FPSO to Norwegian firm
Miko Marine has been hired by MODEC to supply sea inlet covers to be carried aboard a new FPSO destined to work at ExxonMobil’s oil project in Guyana.

Japan and the UK to jointly boost maritime autonomy
UK and Japanese stakeholders are engaged together to accelerate the development of an assurance framework for maritime autonomy and instigate the development of appropriate regional and international regulations.

Norwegian green ammonia project secures 15-year power purchase deal
SkiGA and Hafslund have entered into a 15-year power purchase agreement (PPA) to produce green ammonia in Skipavika, Gulen municipality, Norway.

Five European countries open their doors to cross-border CO2 storage
Five northern European countries have joined forces to conclude arrangements on the transport and storage of carbon across borders.

Odfjell contributes to maritime industry’s transition finance
Norwegian shipping company Odfjell has made an important step on its transition journey by introducing a ‘Transition Finance Framework’.

Bekaert to perform mooring solution analysis for world’s largest offshore floating solar project
The results of this project will pave the way for large-scale deployment and commercialization of offshore floating solar systems, whether on their own or as part of offshore wind farms.

TECO 2030 allies with Indian firm for fuel cell expansion in SAARC countries
TECO 2030 and Advait Infratech have partnered up for fuel cell expansion in India and other SAARC countries.

Hydrogen production facility planned in Latvia’s Port of Liepaja
Liepaja SEZ Authority and CIS Liepaja have concluded a two-year reservation contract for the potential construction site for the renewable energy complex in the Port of Liepaja.

Dutch player rolls out topside for offshore wind-powered North Sea gas platform
HSM Offshore Energy has launched the topside piece of a gas platform, which will be deployed in the Dutch sector of the North Sea and run on offshore wind power.

Equinor hands out more work to Norwegian company
Equinor has exercised its first option to extend the drilling waste management contract with compatriot cleantech service provider Soiltech.

Provaris and Norwegian Hydrogen bolster hydrogen alliance in Nordics
Provaris Energy and Norwegian Hydrogen have entered an agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.