Business Developments & Projects

DNV carries out overhaul of ‘go-to standard’ for oil & gas, subsea, and offshore wind ops
DNV has taken steps to undertake a significant revamp of the standard used for the design and planning of marine operations.

Final piece of European Investment Bank’s €1.9 billion financing puzzle for Italy’s subsea electricity link slides into place
Terna and the European Investment Bank (EIB) have inked a deal for the final tranche of the €1.9 billion financing for the Tyrrhenian Link.

Two Diamond Offshore floaters find more work in Gulf of Mexico and North Sea
Diamond Offshore has secured a new job in the UK sector of the North Sea and a contract extension in the U.S. Gulf of Mexico.

New zero-emission hydrogen-powered vessel to ship goods on Rhine
Dutch shipowner Future Proof Shipping (FPS), the EU-funded Flagships project and the Interreg-funded ZEM Ports NS project have launched H2 Barge 2, a hydrogen-powered vessel that, according to the parties, will ship goods completely emission-free on the Rhine between Rotterdam, the Netherlands, and

Wärtsilä ammonia fuel system picked for EXMAR’s new gas carriers
Wärtsilä Gas Solutions, part of Finnish technology group Wärtsilä, has been contracted to deliver the fuel supply system for two new gas carriers that will operate with ammonia fuel.

Ocean Installer gets hold of three ‘cutting-edge’ vessels for FPSO towing and hook-up work
As Ocean Installer pools resources with ALP Maritime Services, the collaboration puts three new vessels at its disposal.

Plans for ammonia import terminal in Hamburg port gain ground
Hamburg-based energy company Mabanaft has hit a new milestone in the progress of its planned ammonia import terminal in the Port of Hamburg with the scoping meeting held as part of the approval process. The meeting was completed on January 30 in the run-up to the approval procedure for the construct

Floating solar plant in France’s Isère taking shape
Ciel & Terre has completed the anchoring and is assembling the floating system for the Saint Savin floating solar project in Isère, France. The Saint Savin is an 11 MWp floating solar project being developed by Énerg’isère and EGREGA on a gravel pit. Currently, the team is progressing with the proj

Hexagon Purus gears up for hydrogen surge by expanding business
Hexagon Purus Maritime, a wholly-owned subsidiary of Norwegian Hexagon Purus, has opened new premises in Ålesund in line with the increasing demand for innovative hydrogen storage solutions for maritime applications. The new premises at the Devold factory in Ålesund consist of 450 square meters of o

North Sea operator hands out five-year gig for three UK assets to EthosEnergy
Harbour Energy has inked a five-year master service agreement, covering three production assets in the UK North Sea, to EthosEnergy.

Maersk bids farewell to towage unit Svitzer after more than 40 years
Danish shipping and logistics major A.P. Møller – Mærsk A/S (APMM) has decided to initiate the separation of its towage and marine services activities in Svitzer A/S through a demerger.

Equinor pens deal to enhance working conditions for North Sea workers
Unite the union has inked a recognition deal with Equinor for multiple workers, who are employed on the operator’s offshore facilities in the North Sea.

Minesto receives funding for next-generation mooring system
The Swedish Energy Agency has awarded Minesto with 2.8M SEK (approximately $267,000) to support the development and testing of a mooring system for ocean energy deployment. The grant co-funds a project through which Minesto will advance the performance of the next-generation tether system that moors

Gasum bunkers Seaworks’ LNG-powered dry bulk vessel in Norway
Energy company Gasum has performed the first LNG bunker delivery to shipping company Seaworks’ new dry bulk vessel in Norway. Gasum said that the “delivery not only marks a historic moment for our customer, Seaworks, but also signifies their inaugural venture into LNG dual fuel technology.” Furtherm