Business Developments & Projects
Reach Subsea’s first Reach Remote USV sea-launched
Reach Subsea has sea-launched the first unit of its Reach Remote fleet of uncrewed 24-meter surface vessels (USVs), which will, as the Norwegian company says, “revolutionize offshore subsea operations, aligning with sustainability initiatives”. The first Reach Remote unit was sea-launched on Monday,
IHI and Yara forge clean ammonia ties
IHI Corporation and Yara Clean Ammonia have concluded an MoU to jointly assess potential collaboration in the clean ammonia value chain.
Widening chasm between reality and ambitions endangers net zero targets
The rift between the current energy landscape and greener desires continues to expand, putting global net zero targets in peril.
Green light for world’s first ammonia bunkering terminal
The Norwegian Directorate for Civil Protection has given its approval for the construction of an ammonia bunkering facility at Fjord Base in Florø.
SeaTwirl and Verlume join forces to drive decarbonization of offshore assets
Swedish energy-tech company SeaTwirl and UK-based energy management and energy storage firm Verlume have inked a memorandum of understanding (MoU) to collaborate on the electrification of offshore assets and decarbonization of the oil and gas industry. The MoU will see the two companies identify and
Svitzer plans to install MAN ES’ methanol-fueled engine on newbuild tug
MAN ES signed an MoU with Svitzer for the development of a methanol-fueled version of the MAN 175D engine, targeting its installation on board one of Svitzer’s newbuild tugs.
AKVA Group and Inseanergy eye floating solar energy for Chilean aquaculture
Producer of equipment for the farming industry, AKVA Group, has established a partnership with Norwegian floating solar company Inseanergy to use floating solar energy to operate fish farming operations in Chile. According to AKVA Group, the partnership focuses on the shift from fossil fuels to sola
First publicly available FuelEU Maritime calculator is here
The first publicly available FuelEU Maritime calculator has been released by zero44, a Germany-based provider of digital CO2 management solutions, to help prepare shipowners for costs associated with the upcoming FuelEU Maritime regulation.
Provaris: Fabrication of ‘world’s first’ prototype compressed hydrogen tank begins in Norway
Following the completion of all pre-production activities, Provaris Energy has initiated the fabrication of the H2Neo prototype tank in Norway.
Fugro vessel ready to be equipped with methanol engines
Fugro’s geophysical vessel Fugro Pioneer is ready to be equipped with methanol engines following the conversion of the main components on board. The vessel was converted in the Netherlands as part of the Fugro-led Methanol as Energy Step Towards Emission-free Dutch Shipping (MENENS) consortium with
Tadek assesses floating offshore wind platforms for Marine Power Systems
UK-based Tadek Ocean Engineering has produced a study on floating offshore wind platforms for Welsh company Marine Power Systems (MPS). The report evaluates tension leg platforms (TLP) long-term performance compared to semi-submersible alternatives for floating offshore wind turbines (FOWT). It inc
Norwegian Hydrogen looking into green hydrogen production in Finland
Norwegian Hydrogen has selected Tornio as one of the company’s locations for the production of green hydrogen in Finland.
Türkiye puts wind in Black Sea oil & gas exploration sails while chasing energy independence
Türkiye is planning to embark on further drilling activities in the Black Sea during 2024 in the hopes of finding more hydrocarbons.
Inter-array cable installation completed at Neart na Gaoithe offshore wind farm
Cable burial activities at the inter-array routes within the Neart na Gaoithe offshore wind farm site have been completed, following the wrap-up of cable installation works in January. The pre-lay grapnel run (PLGR) along the inter-array cable (IAC) routes was completed in November 2023 by the vesse