Business Developments & Projects
Work starts on first-ever UK-Germany energy link
Construction has begun on the €2.8 billion NeuConnect project, the first-ever energy link between the UK and Germany. Since the financial close that was completed in July 2022, a range of site surveys and archaeological activities have been carried out, allowing construction work to now begin in the
WATCH: Meyer Turku unveils captivating video of engine installation on methanol-ready Mein Schiff 7
The construction of the methanol-ready Mein Schiff 7 cruise ship, being built for TUI Cruises at Finnish shipbuilding company Meyer Turku, has reached a landmark feat with the installation of main engines. The engines are being provided by Finnish technology company Wärtsilä and the ship will have a
IEA: Ensuring gas supply security and decarbonisation high on global energy market’s agenda
A new report says closer dialogue between producers and consumers is required to ensure security of gas supply while curbing emissions.
Nexans wins €1.43 billion contract for EuroAsia Interconnector
Nexans has secured the turnkey contract valued at €1.43 billion for the Cyprus – Greece section of the EuroAsia Interconnector that will connect the grids of Greece, Israel and Cyprus. The 525kV HVDC cable will have a bi-pole length of 2×900 kilometers and will run across the Mediterranean Sea floor
MAN to develop methanol retrofit solutions for medium-speed marine engines
MAN Energy Solutions is about to start developing retrofit solutions for medium-speed marine engines as part of a research association including WTZ Roßlau gGmbh and TU-Darmstadt. The three-year research project, ‘CliNeR-ECo’, is funded by the German Federal Ministry for Economic Affairs and Climate
Orkney seeks contractor for removal and disposal of Pelamis wave energy device
Orkney Islands Council has launched a tender for a contractor who would take ownership and dispose of the wave energy device known as Pelamis P2.
Hyundai Samho orders GTT tank designs for two new LNGCs
French LNG containment specialist GTT has received an order from its partner, the South Korean shipyard Hyundai Samho Heavy Industries, for the tank design of two new LNG carriers (LNGCs). The order was placed in the second quarter of 2023 on behalf of an Asian ship-owner, GTT informed. The containm
Norway sheds light on recent gas discovery in North Sea
More information about a recent gas and condensate discovery in the Norwegian sector of the North Sea has come to light.
EU and global partners reinforce efforts to reduce methane emissions across LNG value chain
The European Commission (EC), Japan, the United States (U.S.), the Republic of Korea and Australia have signed a joint statement which reinforces their efforts towards the reduction of methane emissions arising across the values chain of LNG, from production to consumption. The joint statement by EC
Valaris jack-up rig kicks off its North Sea gig
One of the jack-up rigs owned by Valaris has started its drilling assignment with Petrofac in the UK sector of the North Sea.
Subsea link to Orkney gets approval, unlocking ‘world’s greatest resources of renewable electricity’
UK energy regulator Ofgem has given its final approval of need for SSEN Transmission’s plans to provide a subsea electricity transmission link to Orkney. The Orkney transmission link will enable the connection of up to 220 MW of new renewable electricity and will consist of a new substation at Fins
France: SEM-REV 2.0 test site wraps up offshore infrastructure upgrades
SEM-REV 2.0, a test site for marine renewable energies offshore France, has completed the installation of cables and connectors on the subsea hub, enabling the upgraded site to connect new renewable energy technology prototypes.
UK and Denmark electrically connected as Prysmian installs Viking Link subsea cable
The last section of the submarine cable for the Viking Link has been installed in the North Sea, making the UK and Denmark now fully electrically connected. This last section, laid and assembled on the seabed on 13 July, was installed 172 kilometers off the Danish coast in German and Dutch waters an
WinGD: X-DF-A dual-fuel engine to run on ammonia by Q1 2025
Swiss marine power company WinGD has revealed that it is on track to deliver its first X-DF-A dual-fuel ammonia engines by the first quarter of 2025.