Business Developments & Projects

Alpha Gas launches LNG carrier Energy Endurance
Greek ship management company Alpha Gas SA has launched a new LNG carrier Energy Endurance at the South Korean shipyard Hyundai Samho Heavy Industries (HSHI). With a cargo capacity of 174,000 cbm and XDF engine technology, the vessel is due for delivery from the yard in Q1 2024. Besides Energy Endur

With salvage ops underway, Dutch govt urged to step in for ‘safe and environmentally sound’ FSO recycling
Salvage operations to transfer the oil from a rapidly decaying FSO, moored off Yemen, to a safe vessel are expected to start soon.

In push towards energy transition, Mitsui & Co. buys UK provider of pipeline integrity solutions
Japanese trading company Mitsui & Co. has completed the acquisition of 100 per cent of shares of STATS (UK), a provider of pipeline integrity solutions, as part of its path towards a global energy transition. STATS (UK) announced on 5 July that it had executed a share purchase agreement to sell 100

New task for DNO regarding work with Odfjell Drilling-managed rig
Norwegian regulator has carried out an audit of DNO’s planning of drilling operations using an Odfjell Drilling-managed rig.

HPA sets up new division to focus on sustainable energy hub
The Hamburg Port Authority (HPA) has established a new corporate division “Port Energy Solutions” that will take on responsibilities and projects related to Sustainable Energy Hub. The division will be led by Jannes L. Elfgen and Hanno Bromeis, focusing on topics related to the expansion of renewabl

Norway racks up high gas production while pursuing decarbonisation with CCS and offshore wind
Norway’s role as natural gas exporter becomes more entrenched, with the country keeping up high gas production.

SHI taps TMC for compressor deliveries to 12 LNG carriers
South Korean shipbuilding company Samsung Heavy Industries (SHI) has chosen Norway-based supplier TMC Compressors to deliver the marine compressed air system to 12 LNG carriers the shipbuilder is constructing for an undisclosed client. Specifically, TMC is expected to deliver a complete marine compr

Prysmian makes move to assure capability for delivery of UK HVDC link
Italian cabling giant Prysmian has committed to providing €180 million to ensure ongoing capacity availability for the planned construction of a new high voltage direct current (HVDC) cable link in the UK. After being selected as the exclusive preferred bidder in May, the commitment includes the pay

North Sea oil project’s development solution envisages FPSO redeployment with floating wind electrification on the cards
Jersey and NEO Energy have chosen a solution for the development of their oil project on the UK Continental Shelf (UKCS).

Hi-tech USV begins sea trials before leaving for America
SEA-KIT International’s latest uncrewed surface vessel (USV) has commenced sea trials in the UK ahead of delivery to the U.S. autonomous maritime solutions provider ThayerMahan. This latest USV, X107T – the seventh X-class to leave SEA-KIT’s production facility in the East of England, includes a new

US spurs zest far beyond its borders for CCUS as ‘critical’ decarbonisation tool
Carbon capture, utilisation, and storage (CCUS) has become a valuable decarbonisation tool, making further inroads thanks to the IRA.

CorPower Ocean resumes C4 wave energy device deployment program
Swedish company CorPower Ocean has resumed its deployment program for its first commercial-scale C4 wave energy converter, following a period when the Aguçadoura wave energy site in northern Portugal has been out of operation. Earlier this year, the company identified cable damage at the offshore si

Volvo shifts to renewable fuels for ocean freight
Car brand Volvo Cars has switched to renewable fuels for ocean freight to cut fossil CO2 emissions. Volvo said that every year tens of thousands of containers of production material destined for its factories are carried across the world’s oceans on container ships, noting that from now on, most of

Hellenic Cables, Jan De Nul land cabling gig offshore Germany
Hellenic Cables, together with Jan De Nul Group, has been awarded by TenneT the turnkey delivery of three HVAC offshore grid connection cables for the offshore wind farms to be developed in zones N-3.7 and N-3.8 in Germany. These cables will connect the wind farms to the DolWin kappa converter stati