Business Developments & Projects
Survey activities for Scottish subsea link to take place until April
Marine survey activities are set to begin this month for the Eastern Green Link 2 (EGL 2) subsea electricity superhighway between Scotland and England. The survey activities are planned to commence from Peterhead, Scotland, in December and continue in Scottish waters until approximately February 202
Houston, Antwerp-Bruges ports and partners pen energy transition accord
U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition. The two ports are joined by the Center for Houston’s Future, Waterstofne
TotalEnergies invests in collaborative wave power subsea project
TotalEnergies has joined the Renewables for Subsea Power (RSP) collaborative project which is currently powering subsea equipment off the east coast of Orkney in Scotland, with wave power from Mocean Energy and intelligent subsea energy storage from Verlume.
Northern Lights CCS project grabs a slice of EU funding
The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture and storage (CCS) project under its Connecting Europe Facility (CEF) funding scheme. A total of eight cross-border energy infrastructure projects are getting a part of the EU funds. EU Member States have end
Norway’s largest zero-emission ferry launched in Turkey
Turkish Cemre Shipyard has launched NB1091 Hinnøy, Norway’s largest zero-emission ferry.
Oldendorff and Teck to fit bulker with rotor sails as part of decarbonization push
German bulk operator Oldendorff Carriers GmbH & Co. KG has entered into an agreement with Canada’s mining major Teck Resources Limited to use wind propulsion to reduce CO2 emissions in Teck’s supply chain. The joint investment will see the vessel Dietrich Oldendorf, which carries shipments of Teck s
LNG-powered tanker Liselotte Essberger named in Hamburg
E&S Tankers, a Germany-based joint venture between shipping companies Essberger Tankers and Stolt Tankers, has christened the first of four new LNG-powered parcel chemical tankers.
ETIP Ocean releases guide for ocean energy community engagement
The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) has published a new guide that unveils best practices for local community engagement in ocean energy projects.
Avance Gas sells ammonia-ready dual fuel VLGC newbuilds
Norwegian shipping company Avance Gas has agreed to sell its two remaining 91,000 cbm dual fuel newbuildings scheduled for delivery next year. The company said that the two newbuildings would be sold for $240 million en bloc. The buyer of the vessels was not disclosed. The very large gas carriers (V
VTTI and Höegh LNG propose to develop FSRU-based energy terminal in Vlissingen port
Dutch energy infrastructure company VTTI and Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG have signed an agreement to study options to develop and operate the FSRU-based Zeeland Energy Terminal in the Vlissingen port area in the Netherlands. Expected to become operational in the
GTT and CSSC team up to work on LNG shipping solutions
French LNG containment specialist GTT has signed a strategic agreement with China State Shipbuilding Corporation (CSSC) to cooperate on LNG shipping solutions. Specifically, the agreement provides for cooperation between GTT and twelve subsidiaries of the CSSC conglomerate, notably in ship design an
Longboat JAPEX offloads partial stakes in two North Sea exploration licenses
Longboat JAPEX Norge has sold partial interests in two exploration licenses on the Norwegian Continental Shelf (NCS) to Norway’s Concedo.
Prysmian wins €100 million contract with Petrobras
Italian cabling giant Prysmian has secured a contract worth over €100 million with Brazil’s state-owned oil and gas giant Petrobras for the provision of umbilicals and steel tube. Under the contract, Prysmian will deliver 170 kilometers of deep-water electro-hydraulic umbilicals and the related spec
Stena rig becomes first drillship to don DNV’s notation for emission reduction
Stena Drilling has welcomed the award of DNV’s Abate (P) notation, which now adorns one of its drillships.