Business Developments & Projects
New RHC leadership calls for tangible action in hydrogen industry
The Renewable Hydrogen Coalition (RHC) has elected new leadership for the next 18 months, Olivia Breese, CEO of Power-to-X at the renewable energy company Ørsted, as Chair, and Håkon Volldal, President and CEO of electrolyzer manufacturer Nel, as Vice-chair. The RHC promotes the role of renewable hy
Geophysical survey about to begin for ‘world’s longest HVDC subsea cable’
A geophysical survey is set to begin this month in the UK for an interconnector that will connect to Morocco, described as the world’s longest HVDC subsea cable. The UK geophysical survey will follow the proposed cable corridor for the Xlinks Morocco-UK Power Project, routing along the North Cornwal
Greek TSO enters EuroAsia Interconnector with 25% stake
Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) has become a strategic investor in the EuroAsia Interconnector that will link Greece, Cyprus and Israel with the acquisition of a 25 per cent stake. IPTO’s entry into the share capital of EuroAsia Interconnector
MAN ES reaches milestone in ammonia engine testing
German engine manufacturer MAN Energy Solutions (MAN ES) has reached a new milestone as its research engine successfully conducted combustion with ammonia at the company’s research centre in Copenhagen. This milestone was revealed in the company’s brief social media update on 6 July. According to MA
Hapag-Lloyd & Seaspan hire MAN ES to retrofit their ships to run on green methanol
MAN Energy Solutions has signed a Conversion Commitment Agreement with Hong Kong-based shipping major Seaspan Corporation and German liner company Hapag-Lloyd to deliver engine retrofit solutions for their vessels.
Mitsui to invest in e-methanol business in Northern Europe
Japan’s Mitsui & Co has agreed to acquire a 49% equity interest in Kasso MidCo ApS, an affiliate of European Energy, a renewable energy company headquartered in Denmark. Specifically, Mitsui will acquire a minority stake in European Energy’s solar park and e-methanol production facility Kasso in the
Fugro finishes Erebus geotechnical campaign offshore Wales
Blue Gem Wind, a joint venture between TotalEnergies and Simply Blue Group, has completed its geotechnical campaign for the 100 MW Erebus Test and Demonstration floating offshore wind project in Wales. The surveys, led by the Dutch geo-data specialist Fugro, included the acquisition of sub-seabed da
Denmark kicks off mini oil & gas licensing round in North Sea
Denmark has opened a mini oil and gas licensing round for exploration and extraction in a defined area in the Danish sector of the North Sea.
Tyra II makes another step towards the finish line with first gas still on track for winter
The power-up of two gas turbines at TotalEnergies’ redevelopment project in the Danish North Sea has been completed.
No more PSVs in Solstad’s fleet as Tidewater takes over 37 vessels to establish ‘largest hybrid OSV fleet’
Tidewater has boosted its fleet of platform supply vessels (PSVs) by wrapping up the acquisition of the PSV fleet owned by Solstad Offshore.
Denmark plans backup capacity to come from hydrogen and storage
Once Denmark achieves its 2030 target of being 100 per cent powered by renewables, the plan is to have backup capacity from hydrogen and energy storage, according to Hanne Storm Edlefsen, Vice President of Energy Islands at Energinet.
Aker Horizons, Statkraft pen long-term deal on Narvik green ammonia project
Green energy developer Aker Horizons has signed a 10-year power purchase agreement (PPA) with the supplier of renewable energy Statkraft, securing a significant amount of the renewable power required for its large-scale green ammonia plant under development in Narvik, northern Norway. According to A
Six more wells added to Transocean rig’s backlog
Transocean has secured a new contract extension for a semi-submersible rig working on the Norwegian Continental Shelf (NCS).
Study identifies ‘great potential’ for importing hydrogen from Tasmania to Rotterdam
The Port of Rotterdam Authority and the Tasmanian government have conducted a joint study which shows that importing green hydrogen from Tasmania, an island southeast of Australia, has great potential to decarbonise Northern European industry. To remind, the Dutch port and the Tasmanian government s