Business Developments & Projects
Producers vow to deliver 11 million tons of hydrogen-derived marine fuel by 2030
Green hydrogen producers have agreed to produce 11 million tons of the low-emissions fuel for use by the shipping sector by 2030 as part of a Joint Commitment that aims to enable the use of renewable hydrogen-derived shipping fuel this decade to meet maritime industry decarbonization targets. The Jo
ADNOC and SOCAR unite for low-carbon solutions, hydrogen in spotlight
UAE’s Abu Dhabi National Oil Company (ADNOC) and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a strategic collaboration agreement (SCA) that sets out their intention to collaborate on the potential development of low-carbon solutions, including hydrogen. As part of the SCA, the t
ROV for DEME’s new vessel passes factory acceptance tests
Seatools has completed factory acceptance tests (FAT) for what it describes as a highly innovative fall pipe remotely operated vehicle (ROV) developed for DEME Group. The ROV will be deployed on DEME’s upcoming subsea rock installation vessel Yellowstone, scheduled to join the fleet in the first hal
International offshore rig count climbs up a notch in November
Baker Hughes’ rig count report points out that one more rig joined the working fleet in November 2023 compared to the month before.
After pipeline incident, JEF partners pool resources for subsea infrastructure protection in Baltic Sea
The Joint Expeditionary Force (JEF) has embarked on an exercise in the Baltic Sea region to protect subsea infrastructure.
Europe’s first ammonia-fired power generation facility planned in Ireland
Centrica, a UK-based energy company, and Mitsubishi Power Europe, a power solutions brand of Japan’s Mitsubishi Heavy Industries (MHI), have signed a memorandum of understanding (MoU) to explore the development, construction and operation of Europe’s first-ever ammonia-fired power generation facilit
Shell goes on rig selection quest with site survey work in full swing ahead of drilling ops in North Sea
Shell is engaged in a rig selection and contracting process for a two-well drilling campaign in 2024 while site survey works associated with this exploration program in the North Sea are still ongoing.
As Northern Lights examines its value chain’s CO2 footprint, Ørsted starts construction of carbon capture facilities
A study has been conducted to assess the estimated carbon footprint of the Northern Lights project’s CO2 transport and storage value chain.
ERMA FIRST onboard carbon capture system wins DNV AiP
ERMA FIRST has received approval in principle (AiP) from Norwegian classification society DNV for its amine absorption-based onboard carbon capture (OCC) system.
KPI OceanConnect performs LNG bunkering op for SFL’s new car carrier
Marine energy solutions provider KPI OceanConnect, in cooperation with Titan Clean Fuels and SFL Corporation, has completed the first LNG bunkering operation for SFL’s newly built car carrier Emden. The LNG bunkering operation took place in the Port of Emden, KPI OceanConnect informed on December 5.
Höegh Autoliners and Sumitomo Corporation forge alliance on ammonia bunkering in Singapore and Jacksonville ports
Japanese conglomerate Sumitomo Corporation and Norwegian RoRo shipping company Höegh Autoliners have joined forces to explore the adoption of clean ammonia as a bunker fuel for Ro-Ro cargo vessels. The agreement targets ports in Singapore and Jacksonville, USA, with plans set to kick in from 2027. T
TotalEnergies gets onboard CorPower Ocean’s Pilot Access Program
French multi-energy major TotalEnergies has joined CorPower Ocean’s Pilot Access Program to evaluate wave energy technology as one of the solutions for decarbonization.
Floating Power Plant formalizes €26M grant agreement with EU for Seaworthy project
Danish renewable energy developer Floating Power Plant has just signed a €26 million grant agreement with the European Commission’s Innovation Fund for the Seaworthy project, which integrates floating wind, wave energy, and hydrogen production.
Dutch firm wins platform modification work for large-scale CCS project
KCI the engineers (KCI) has been picked for the engineering of the modification of the TAQA-owned offshore platform, which will be used for the injection of CO2, as part of the first large-scale Dutch carbon capture and storage (CCS) project.