Business Developments & Projects
Transocean rig becomes first semi-sub to sport DNV’s notation for GHG abatement
Transocean has tucked under milestone under its belt, thanks to one of its semi-submersible rigs being awarded DNV’s Abate (Power+) notation.
LR to class Capital’s ammonia-ready LCO2 Carriers
Lloyd’s Register (LR) classification society is joining hands with Greek shipowner Capital Gas Ship Management (Capital) and South Korean shipbuilding major Hyundai Mipo Dockyard (HD HMD) on the construction of two ammonia-ready 22,000m3 low-pressure LCO2 carriers set to be delivered in 2025 and 202
CCS, hydrogen, and electricity cross-border energy projects hailed as ‘missing links’ to future-proof EU
EU’s PCI list entails grid upgrades and the buildout of more hydrogen, green electricity, and carbon capture, utilization, and storage (CCUS).
ABB wins technology solutions contract for Rio Grande LNG
Switzerland-based technology company ABB has secured an order to deliver integrated automation, electrical and digital solutions for Phase 1 of the Rio Grande LNG facility (RGLNG Phase 1) in Brownsville, Texas, a project developed by U.S. energy company NextDecade. The contract was awarded by U.S. c
Berg Propulsion to power BuBe’s hybrid tug
Swedish marine propellers manufacturer Berg Propulsion has won a deal to provide control and propulsion technology for Buksér og Berging’s hybrid tug that is being built by Türkiye’s Uzmar Shipyard. Berg has been contracted to provide the full electrical power and control package for the Robert Alla
Kellas brings in first customer for blue hydrogen project in Teesside
Aberdeen-based energy infrastructure company Kellas Midstream has signed a heads of terms agreement with Statera Energy for the provision of low-carbon hydrogen from the H2NorthEast project in Teesside to Statera’s Saltholme power stations. The agreement, described as a significant first for H2North
France steps up its tidal power game
French president Emmanuel Macron has announced commercial tenders for tidal stream as part of the French energy strategy update (PPE), saying ‘we have to be at the top of our game in tidal stream’.
WinGD VCR technology set to debut on NYK Line LNG-powered newbuilds
WinGD will carry out the first commercial installation of its new variable compression ratio (VCR) technology on two new dual-fuel LNG-powered vessels being built for Japanese shipping company NYK Line.
Nova Innovation secures €20M from EU for 4MW tidal energy project
Nova Innovation has won EU funding for a 4MW tidal energy farm that will be home to the largest number of tidal turbines anywhere in the world.
TotalEnergies dishes out millions for stake in huge renewable Morocco-UK power project
TotalEnergies has expanded its portfolio by acquiring a minority stake in Xlinks First Limited, a company founded in 2019 in the UK.
HD Hyundai Heavy Industries orders GTT’s tank design for new LNG carriers
French LNG containment specialist GTT has secured a new order from South Korean shipyard HD Hyundai Heavy Industries (HHI) for the tank design of two new LNG carriers. The order is related to two LNG carriers being built for an undisclosed European shipowner. Each vessel will offer a capacity of 174
Aegean Shipping Management ups the ante with LR2 ice-class tanker order at COSCO
Greek shipowner Aegean Shipping Management has entered into a pact with COSCO Shipping Heavy Industry Yangzhou for the construction of two LR2 ice-class tankers, each boasting a carrying capacity of 114,000 deadweight tons (dwt). The contract brings the total number of vessels constructed at COSCO b
€307 million set aside for Italy-Tunisia subsea interconnection
The signing of the grant agreement for the Italy-Tunisia electricity interconnection has been welcomed by Terna and Steg.
Hughes Subsea plays ‘pivotal role’ in topside and subsea work scopes for North Sea FPSO
Hughes Subsea has won a contract to provide daughter-craft diving services for an FPSO vessel operating in the North Sea.