Business Developments & Projects
Apollo snaps up ‘critical’ FEED work for North Sea oil project
Apollo has secured a contract with NEO Energy for a FEED study, which will support the planned redevelopment of an oil project in the UK.
New Swiss-Italian company to deliver integrated subsea services
Switzerland-headquartered Company Services Swiss (CSS SA) and Italy’s Drafinsub have initiated a merger process that will see the establishment of a synergetic hub for integrated services concerning infrastructures and underwater pipelines. Following the merger and consolidation of the companies’ sh
Grain de Sail to launch trans-channel wind-powered shipping line
French company Grain de Sail, a fully integrated operator for wind-propelled maritime transportation, revealed plans to launch a new sail-powered shipping line between Saint-Malo in France and Southampton in the UK.
New low-carbon hydrogen facility planned on Haropa Port land in France
Haropa Port and Verso Energy have signed an agreement for the installation of a plant to produce low-carbon hydrogen and synthetic fuels on Haropa Port land in Grand-Quevilly, France. Specifically, this production plant will be set up on an area of land belonging to Haropa Port/Rouen in the town of
New milestone sets TECO 2030 on track to deploy hydrogen fuel cells in first half of 2024
Norwegian cleantech company TECO 2030 has injected its 400 kW fuel cell system with hydrogen, aiming to deploy the first system for marine vessels and other heavy-duty equipment during the first half of 2024. Over the past few months, the company has built and installed the FCM400 into the test benc
Energinet seeks metocean measurement teams for Danish offshore wind areas
The Danish Energy Agency has tasked Energinet with undertaking site conditions assessments for the development of five future offshore wind farm areas within the Danish EEZ, namely North Sea I, Hesselø South, Kriegers Flak II North, Kriegers Flak II South, and Kattegat. The metocean conditions asses
IEA-OES unveils international roadmap for 300GW of ocean energy by 2050
International Energy Agency’s Technology Collaboration Program on Ocean Energy Systems (IEA-OES) has released a roadmap that outlines a comprehensive strategy that will help to drive the global development of ocean energy.
UK firm emerges victorious in second rig arbitration case against Keppel
Awilco Drilling has won the second arbitration case related to a rig termination deal, after the arbitration tribunal ruled in its favor.
Thecla Bodewes splashes Vertom’s fourth diesel-electric bulker
Dutch short-sea shipping company Vertom Group has launched its fourth new diesel-electric dry bulk vessel.
Siem’s well intervention duo gets improved day rates with Helix
Norwegian shipping company Siem Offshore has signed a letter of intent (LOI) with Helix Energy Solutions for two well intervention vessels. Siem Offshore reported it had signed an LOI with Helix Energy Solutions for a possible long-term extension of charter contracts for Siem Helix 1 and Siem Helix
Danalec acquires Nautilus Labs
Copenhagen-based technology provider specializing in maritime safety and sustainability Danelec has acquired New York-based maritime technology company Nautilus Labs. “With the acquisition of Nautilus Labs’ AI-based technology platform, we are looking to broaden our scope of impact. Not only do we g
BASF wins funding approval to build one of Germany’s largest PEM electrolyzers
Germany’s chemical producer BASF has secured the approval of funding from the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the State of Rhineland-Palatinate to build a proton exchange membrane (PEM) electrolyzer which is expected to produce up to 8,000 metric tons of hy
Decision time for oil & gas industry: Embrace green energy shift or keep fueling climate crisis
The International Energy Agency (IEA): The time has come for the oil and gas industry to take a firm stand during the transition era.
Fluxys gauging market interest in hydrogen and derivatives at Zeebrugge terminal
Belgian energy infrastructure group Fluxys and its subsidiary Fluxys LNG have opened a call for market interest regarding the expansion and reshaping of the terminal in Zeebrugge for the import of hydrogen and hydrogen derivatives. The call was launched on November 22, 2023, and will run until Febru