Business Developments & Projects
MOL Group opens 10 MW green hydrogen plant in Hungary
MOL Group has inaugurated a 10 MW green hydrogen plant in Százhalombatta, Hungary, to reduce the carbon footprint of the Danube Refinery.
Shelf Drilling jack-up rig’s stay in Norwegian waters prolonged
Shelf Drilling has secured a contract extension for one of its jack-up rigs with Equinor for operations at a field off the coast of Norway.
Bakker Sliedrecht integrates energy storage systems on Boskalis’ diving support vessels
“We managed to limit the out-of-service time of these vessels, from arrival of the vessels up to completed sea trials and class approval, to less than 2 months for the whole ESS implementation,” said Andy Waterstreet, Project Director at Bakker Sliedrecht.
UK firm lands a hand to Saipem at European gas project
Maritime Developments Limited (MDL) has taken part in an LNG project in Europe, assisting Saipem with a FSRU project in Greece.
Navigator Gas completes its first ship-to-ship ammonia transfer
Navigator Holdings, a UK-headquartered owner and operator of a fleet of handysize liquefied gas carriers, has performed its first ship-to-ship ammonia transfer.
Project dedicated to novel composite materials for tidal turbine blades backed with €500k
The Sustainable Energy Authority of Ireland (SEAI) has allocated just under €500,000 in funding for a project that aims to generate test data on novel composite materials used in tidal turbine blades. The consortium behind the Detailed Material Performance Characterisation and Data Generation for Ti
TECO 2030 wins DNV AIP for containerized fuel cell power generator
Norwegian cleantech company TECO 2030 has, in connection to the HyEkoTank project, received approval in principle (AIP) from the Norwegian classification society DNV for a containerized fuel cell power generator (FCPG) for use onboard oceangoing applications.
Two vessels in Norwegian player’s fleet land new gigs
Golden Energy Offshore Services (GEOS) has got a hold of two new contracts for a platform supply vessel (PSV) duo with undisclosed companies.
PGS secures 3D seismic contract offshore South Atlantic
Norwegian seismic company PGS has received a letter of award for a large 3D contract offshore South Atlantic margin from a multi-client company.
New partnership looking into 100 MW hydrogen production in Sicily
Axpo has signed a cooperation agreement with ENEGO to study the feasibility of a 100 MW green hydrogen plant in Sicily, Italy.
With CEO and Chairman parting ways, nine Siem Offshore vessels changing hands
Siem Offshore has made arrangements to divest three AHTS, four PSVs, and two OSCVs to a major shareholder and related companies.
Finland’s organizations to work on hydrogen storage research project
VTT, GTK and industrial partner organizations have launched a research project Hydrogen UnderGround (HUG) focused on underground storage of hydrogen.
SFL places $150M sustainability-linked bond
Bermuda-based ship owner and charterer SFL Corporation has placed the four-year $150 million senior unsecured sustainability-linked bonds.
International agreement targets development of electric thrusters for ROVs
Forum Energy Technologies (FET) has executed a memorandum of understanding (MoU) with a UAE-based underwater inspections provider to collaborate on the development of electric thrusters for remotely operated vehicles (ROVs). The MoU was signed by FET’s Subsea Technologies product line and SAFEEN Sur