Business Developments & Projects

‘Major milestone’ tucked away with submission of development plan for UK North Sea gas project
Hartshead Resources and Viaro’s RockRose Energy have handed a field development plan (FDP) for Phase I gas project in the UK North Sea.

Wallenius Wilhelmsen turns to ExxonMobil for biofuel supply
Oslo-listed shipping company Wallenius Wilhelmsen has signed its first biofuel contract with the U.S. energy major ExxonMobil as a step towards reducing emissions and promoting eco-friendly practices. Under the contract, ExxonMobil will deliver sustainable biofuel within the second half of this year

XL uncrewed underwater vehicle set for technology demonstrations
Canadian Cellula Robotics and UK-based HonuWorx are collaborating to carry out a series of technology demonstrations that will use an extra-large uncrewed underwater vehicle (XLUUV). The demonstrations will see Cellula’s Solus-XR extra-large uncrewed underwater vehicle (XLUUV) used in showcasing Hon

Industry’s first: Maersk ready to convert existing containership to methanol dual-fuel engine next year
Denmark-based shipping giant A.P. Moller – Maersk (Maersk) is ready to make pioneering moves in the shipping industry with the retrofit of an existing container ship to a dual-fuel methanol-powered vessel scheduled for 2024. The company revealed that the first engine retrofit in the industry is to b

Finland’s energy companies unite to develop industrial hydrogen valley
Neste Corporation, Gasgrid Finland, Helen and Vantaa Energy have joined forces and started preliminary studies on the development of an industrial hydrogen valley in the Uusimaa region in Finland. Neste said the industrial hydrogen valley would combine infrastructure, storage and transmission of ren

J. Lauritzen, Cargill add third methanol-fuelled Kamsarmax to their tally at Tsuneishi
Danish investment company J. Lauritzen is expanding its partnership with Swiss freight trader Cargill by adding a third methanol dual-fuel 81,200 dwt Kamsarmax bulk carrier to their existing order of two vessels. The vessels are capable of trading with zero carbon emissions when powered by green met

UK firm to back Nexans on Ireland-France interconnector
UK-headquartered International Projects Group (IPG), part of the RSK Group, has been appointed to support Nexans Norway with work for the Celtic Interconnector that will link Ireland and France. IPG will create a marine construction environmental management plan and provide construction environmenta

Technip Energies boosts its CCUS technologies and solutions platform
Engineering and technology company Technip Energies has introduced Canopy by T.EN, an integrated suite of flexible and modular post-combustion carbon capture solutions, powered by Shell CANSOLV CO2 Capture System. The suite builds on the recently launched Capture.Now, a strategic platform that bring

NAPA’s electronic logbooks for Finnlines’ hybrid newbuild ferries
Finnish shipping company Finnlines and compatriot maritime software company NAPA have signed an agreement to install NAPA’s electronic reporting, fleet monitoring and stability management solutions on two newbuild Superstar-class RoPax vessels.

Rising costs and UK tax hike deal a death blow to North Sea oil project
The windfall tax hike and the rise in costs have brought to an end the development of a North Sea oil project.

Wärtsilä looks into potential of Power-to-X fuels for power generation
Finnish technology group Wärtsilä has published a new whitepaper on the potential of Power-to-X (P2X) fuels for power generation. An in-depth study in the whitepaper entitled “The feasibility of Power-to-X fuels for power generation” examines the entire value chain of P2X fuels, analyses cost predic

German-UK duo working on ship widening to back decarbonisation goals
UK company focused on vessel management, design, construction and repair Newport Shipping and German maritime service company NSB Group have joined forces to offer ship conversion widening to support decarbonisation goals.

Dutch company nets Greater Changhua 2b & 4 cable deal
The Netherlands-based Twentsche KabelFabriek (TKF) has been awarded a cable supply contract from Ørsted for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. The contract scope includes the supply and termination of close to 200 kilometres of inter-array cables and other cables inc

ABS: Subsea ammonia storage unit en route to NOV’s facility for final testing
The subsea ammonia storage unit, a part of a joint development project (JDP) that includes the American Bureau of Shipping (ABS), NOV Subsea Production Systems, Equinor, the Research Council of Norway and the Net Zero Technology Center, has entered its final phase of testing. The 200-cubic-meter pro