Business Developments & Projects
Hyundai Heavy Industries taps GTT for tank design of 17 new LNGCs
French LNG containment specialist GTT has received an order from the South Korean shipyard HD Hyundai Heavy Industries (HD HHI) for the tank design of 17 new liquefied natural gas carriers (LNGCs). According to GTT, the order was made on behalf of a “leading” LNG player. The LNG containment speciali
Fugro to survey site for Lithuania’s first offshore wind farm
Ignitis Renewables has awarded Fugro a contract to conduct a geophysical survey at Lithuania’s first offshore wind farm site. In October, Ignitis Renewables, together with Ocean Winds, was confirmed as the winner of Lithuania’s first offshore wind tender after the joint venture was selected in the a
Seven more wells lined up for Odfjell Drilling rig at North Sea field
Equinor has exercised options to drill additional wells with an Odfjell Drilling-owned rig, extending the rig’s backlog further and prolonging its stay on the Norwegian Continental Shelf (NCS).
Climate-neutral sailing ship for the Marshall Islands launched in South Korea
An environmentally sailing ship intended for the Marshall Islands has been launched in South Korea.
Lawsuit case against Shell directors ends with court dismissal
A lawsuit against Shell’s board of directors has been thrown out of court, preventing ClientEarth from pursuing derivative action.
Morlais in need of environmental monitoring system for tidal energy
Menter Môn, the manager of the Morlais tidal energy site in Wales, is looking for assistance for the development of a tidal energy environmental monitoring system.
Provaris Energy moving forward with its hydrogen projects in Europe
Australian Provaris Energy has been making progress with its development activities in Norway and commercialization activities for compressed hydrogen supply chains in Europe using the company’s proprietary storage and carrier solutions. The company stated that a key milestone was achieved for its ‘
UK raises tidal energy strike price for next renewables auction
The UK government has increased the maximum price for tidal energy projects by 29% in its flagship renewables support scheme.
Germany aims to set up hydrogen core network by 2032
In a bid to have a country-wide efficient hydrogen infrastructure network by 2032, Germany’s federal cabinet has passed a draft law that provides regulations for financing the core network. At the same time, transmission system operators (TSOs) have submitted the draft application for the hydrogen c
Portugal welcomes its first fully electric ferry
Portugal’s first zero-emission, electric ferry has been delivered by Grupo ETE following a christening ceremony at Navaltagus Shipyard in Seixal.
Rem Offshore vessels win contracts worth over $138 million
Norway’s Rem Offshore has secured several long-term contracts for its vessels that have a total value of just over NOK 1.5 billion and are set to ensure high fleet utilization in the coming years. 2013-built subsea vessel Rem Inspector has been awarded contracts for work on offshore wind projects in
Equinor preparing to embark on drilling ops in North Sea
Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.
Are air lubrication systems both sustainable and profitable?
Throwing air lubrication systems into play as both sustainable and profitable ventures.
GAZ-SYSTEM selects potential suppliers of first Gdańsk FSRU
Poland’s natural gas transmission system operator GAZ-SYSTEM has concluded agreements with Japan’s Mitsui O.S.K. Lines and Norway’s BW LNG as potential suppliers of the first floating storage regasification unit (FSRU), which will serve as a regasification terminal in the Gulf of Gdańsk. The two par