Business Developments & Projects

British player gets work on two BW Offshore FPSOs in UK and Gabon
THREE60 Energy has landed two contract wins with BW Offshore for engineering, procurement, construction, and commissioning (EPCC) services.

HydroWing’s new barge to cut installation and maintenance costs of its tidal energy technology
HydroWing, part of Inyaga Marine Energy Group, has developed a new barge aimed at reducing the costs of installing and maintaining its tidal stream array technology. HydroWing was the largest tidal stream project in Wales to be successful in the UK government’s latest Contracts for Difference (CfD)

Strohm’s first TCP Jumper in West Africa installed for TotalEnergies
Dutch thermoplastic composite pipe (TCP) producer Strohm has supplied its first TCP Jumper in West Africa for French energy giant TotalEnergies. Strohm has supplied TotalEnergies with a TCP Jumper commissioned in the Egina field in the deep water of 1,600 meters in Nigeria. The installation followed

New Spanish technology company joins Hydrogen Europe organization
Spanish materials technology company Matteco has become a member of the industry organization Hydrogen Europe. Matteco said the company’s commitment to sustainable innovation aligns perfectly with the mission of Hydrogen Europe, adding that with its next-generation catalysts and electrodes for elect

Seaway7 picks inter-array cable supplier for Polish offshore wind farms
Greece’s Hellenic Cables has signed a contract to supply inter-array cables for the Bałtyk II and Bałtyk III offshore wind farms in Poland. Hellenic Cables was appointed by Seaway7 as the key subcontractor for the design, manufacturing, testing, and supply of approximately 205km 66 kV submarine inte

Corvus Energy wins EU funding to integrate ammonia cracker tech with marine hydrogen FCS
Corvus Energy, a supplier of energy storage solutions for the maritime industry, has secured funding for the integration of ammonia cracker technology with its hydrogen fuel cell system (FCS), the so-called Pelican Fuel Cell system. The project funding is part of the Horizon Europe Framework Program

OX2, Ingka Investments move to build energy hub offshore Sweden
OX2 and Ingka Investments have submitted a permit application under the act of Sweden’s Exclusive Economic Zone to build the Neptunus offshore energy hub off the coast of Blekinge, in the south of Sweden. The Neptunus offshore energy hub is planned to comprise up to 207 wind turbines with a maximum

Aker BP and DeepOcean: ‘Definitely yes’ for subsea inspections using autonomous technology
Norwegian subsea services provider DeepOcean and oil and gas player Aker BP have completed subsea trials with an autonomous inspection drone (AID) at an Aker BP-operated field in the central North Sea. As part of a ten-day inspection campaign, Aker BP and DeepOcean inspected subsea trees and other s

27 shareholders heap more pressure on Shell to take ‘credible’ climate action
Shell is facing additional pressure from 27 investors, who manage more than €3.9 trillion in assets, to pursue decarbonization with more vigor.

Hy24 commits to invest €13 million in Hexagon Purus
Hy24, a clean hydrogen pure-play investment manager, will invest around €13 million into Norwegian hydrogen systems supplier Hexagon Purus. The investment is the first by Hy24’s new Clean Hydrogen Equipment Fund, focused on industrializing the supply chain to scale the clean hydrogen economy. The fu

Stena drillship goes to Las Palmas
Stena Drilling has confirmed that one of its drillships is on its way to Las Palmas to start its special period survey (SPS).

Odfjell Drilling rig gets its hands on five-year renewal certificate
Odfjell Drilling has confirmed the completion of a five-year main class renewal certificate for one of its semi-submersible drilling rigs.

GSI wraps up China’s 1st methanol dual-fuel tanker construction project with delivery of Stena Progressive
China’s shipbuilding major Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, has handed over the 50,000-ton methanol dual-fuel oil tanker Stena Progressive to its owner Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proma

Regasification capacity available at Klaipeda LNG terminal
Lithuanian Klaipeda LNG terminal operator KN Energies, formerly Klaipedos Nafta, has announced that there is available unused LNG terminal capacity for booking. The company said that, having received a request from one of the terminal users regarding the planned non-utilization of LNG terminal capac