Business Developments & Projects
Teesside University and partners eyeing new hydrogen storage solution
Teesside University is working with Northern Gas Networks and Frazer-Nash on a feasibility study investigating the potential of using chemical hydrides as a means of storing hydrogen.
Eni reaffirms commitment to low-carbon energy research as part of agreement with MIT
Eni has extended its tenure as a founding member of the MIT Energy Initiative through 2027 to reinforce its decarbonization efforts.
Eni and Ithaca Energy in ‘potential transformational combination’
North Sea oil and gas operator Ithaca Energy has entered into an exclusivity agreement with Eni in relation to a potential transformational combination with substantially all of the company’s UK upstream assets. The deal implies the recently acquired Neptune Energy assets, excluding certain assets i
Germany’s SEFE to bolster role in secure energy supply by becoming sole owner of WIGA
German SEFE will become the sole shareholder of gas transmission network WIGA by acquiring the 50.02% shareholding held by Wintershall Dea.
AW-Energy finishes three-year WaveFarm project
Finland-based wave energy technology developer, AW-Energy, has completed the three-year WaveFarm project founded by the European Maritime and Fisheries Fund through the Blue Economy Window. According to the company, this initiative is a step forward for the WaveRoller wave energy converter, showing
Equinor gives out more work to Ocean Installer
Norway’s Ocean Installer has secured a new subsea line modification (SLM) project award from compatriot energy giant Equinor, with execution scheduled for fall. The scope of work on Åsgard A in the Norwegian Sea covers the recovery of two risers, the installation of one new riser and flexible jumper
Export cable installation to start at third Dogger Bank Wind Farm phase
The installation of export cables at Dogger Bank C, the third phase of the 3.6 GW Dogger Bank Wind Farm in the UK, is scheduled to start in early April. The work will be performed in three campaigns to install three sections of export cable, with the first campaign starting on or around April 9, [&h
Stena Bulk sells two LNG tankers to BW LNG in bid to ‘build bridges towards a new era’
Swedish tanker shipping company Stena Bulk has completed the sale of two LNG carriers to Norway-based gas shipping company BW LNG.
Equinor and DNO delineate 2023 oil & gas discovery with appraisal well and sidetrack
Norwegian state-owned energy giant Equinor and compatriot oil and gas operator DNO have completed an appraisal well and sidetrack said to further delineate the 2023 Heisenberg oil and gas discovery in the Norwegian North Sea. Heisenberg, a new shallow play located in license PL827SB in the northern
Terntank places new order for wind/methanol-ready tanker
Terntank has ordered another tanker with wind-assisted propulsion and dual-fuel engine capable of operating on MGO, biofuels, and methanol.
New strategic alliance targets sustainable energy solutions, hydrogen included
Getech and Expro have entered a strategic partnership to propel low-carbon geoenergy projects, including geothermal energy, natural hydrogen and CCS.
Oman’s Hydrom and Germany’s VNG looking into green hydrogen value chain
Hydrom and VNG will examine the economic potential of building a green hydrogen and ammonia value chain between Oman and Germany.
Shipping giants reaping high profits from EU ETS, study shows
Shipping giants are profiteering from the EU Emissions Trading System (EU ETS), the world’s first and largest emissions cap-and-trade system, a new Transport & Environment (T&E) study reveals.
Chevron and Eliis collaborate on AI solutions for seismic interpretation
Seismic interpretation solutions firm Eliis and U.S. headquartered Chevron have agreed to collaborate on the development and commercialization of advanced artificial intelligence (AI) algorithms for seismic interpretation, subsurface characterization, and modeling. Leveraging its experience in hydr