Business Developments & Projects
Liquid Wind to fuel Wasaline’s Aurora Botnia with eMethanol from FlagshipTHREE plant
Electrofuel (eFuel) developer Liquid Wind has signed a letter of intent (LoI) with energy firm Umeå Energi and shipping company Wasaline for the sale and purchase of eMethanol from the eFuel facility in Umeå, Sweden.
Reach Subsea expands subsea service capacity due to ‘substantial tender pipeline’
Shortly after securing a 100-day project charter for the subsea vessel, Norway-headquartered Reach Subsea has extended the charter for Olympic Taurus due to a “solid backlog and substantial tender pipeline for the coming periods”. In mid-February, Reach Subsea announced a 100-day project charter for
‘Major’ deal for MODEC’s Brazil-bound FPSO lands on MAN’s order book
MAN Energy Solutions Switzerland has secured its largest single order ever received, thanks to a deal with MODEC.
NKT delivers first order of adaptive power cable joints to Energinet
Denmark-based power cable manufacturer and installation company NKT has supplied its first order of adaptive power cable joints, which can serve as a spare joint for a broad range of HVAC offshore cables, to the Danish transmission system operator (TSO) Energinet. According to NKT, the Adaptive Rigi
ABEL Energy picks electrolyzer supplier for flagship Bell Bay project
ABEL Energy has selected thyssenkrupp nucera as the preferred supplier of electrolyzers required for its hydrogen and methanol project in Bell Bay, Tasmania.
Aker BP getting ready to spud North Sea pair with Odfjell rig
Aker BP has received consent to use one of Odfjell Drilling’s semi-submersible rigs for exploration activities in the North Sea.
Nexans, TenneT get things rolling on BalWin3 and LanWin4 offshore grid connections
TenneT and Nexans, which signed framework agreements for three offshore grid connections last year, have now signed a call-off contract for the BalWin3 and LanWin3 projects, each of which will have a capacity of 2 GW and will link offshore wind farms to the German grid. In May 2023, TenneT awarded N
Fossil fuels’ 75% methane cuts by 2030 come with $170 billion price tag
A new IEA analysis emphasizes the need for more action to bring forth the required emission reductions by 2030.
Candela secures €24.5M to scale up production of fast electric ferry
Candela, a Swedish maker of sustainable, electric hydrofoil vessels, has closed the largest funding round in the company’s history, to expand production of its P-12 ferry.
DNV and Moss Maritime team up to propel floating solar technology in harsh marine environment
DNV has cooperated with offshore design and engineering services provider, Moss Maritime, to increase the deployment of floating solar technology in severe environmental conditions. DNV has issued a Statement of Conformity to Moss Maritime for the design methodology of XolarSurf, a floating solar c
Oil & gas infrastructure in six North Sea countries hit by ‘unprecedented’ blockades
Activists have embarked on a wave of new climate action by setting up blockades to certain fossil fuel infrastructure in six North Sea countries.
ExxonMobil: Europe needs policy change not deindustrialization to be ‘attractive’ decarbonization playground
The president of ExxonMobil’s European arm is adamant that Europe needs industry to deliver the right set of climate tools and solutions.
TECO 2030 onboard compressed hydrogen fuel systems get DNV’s blessing
TECO 2030 has won an additional approval in principle (AiP) from classification society DNV for its compressed hydrogen fuel systems.
Hydrogen fuel cell, battery-enabled Hyflex could replace fossil fuel solutions, tests confirm
Several project partners have conducted a joint field test to demonstrate the latest innovation in hydrogen-electric power infrastructure — a containerized hydrogen fuel cell and battery solution.