Business Developments & Projects
In focus: Will the hydrogen rainbow chase away fossil fuels’ clouds?
The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.
BP and PetroChina secure regasification capacity at Gate LNG terminal
Gate LNG terminal, a joint venture of Dutch companies Vopak and Gasunie, has announced that energy majors BP and PetroChina International London Co. Ltd will each separately acquire two billion cubic metres (BCM) per year of regasification and corresponding storage capacity. Gate terminal informed t
Norden expands into wind energy and general cargo market with Thorco Projects acquisition
Danish shipping company Norden has entered into an agreement to acquire Thorco Projects, a business specializing in general cargo segments such as break bulk, steel, and wind energy. This strategic move marks Norden’s expansion into new markets including the wind energy segment, which is a growing s
Erik Thun to fit battery packs on nine ships
Swedish shipping company Erik Thun Group is investing $3.34 million in the installation of battery packs on nine of its existing vessels in the dry cargo fleet. The ship owner explained that by installing battery packs and making the shore power connection smoother for the vessels, the need to use t
GTT to provide technical services to EPS and CoolCo
French LNG containment specialist GTT has signed a technical services agreement (TSA) with the shipping and maritime company Eastern Pacific Shipping (EPS) and its LNG affiliate CoolCo. As part of the agreement, GTT is expected to support EPS and CoolCo with the maintenance and operation of a global
UK’s first HVDC cable factory granted another approval
UK-based XLCC has secured detailed planning approval to build what is said to be the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. North Ayrshire Council Planning Committee granted full planning permission for XLCC’s HVDC subsea cable manufacturing operations in Hunterston, Sco
Quadrise-Vertoro partnership: First CSO bioMSAR trials completed
Quadrise Plc, a supplier of energy solutions, and Vertoro BV, biorefinery specialists, have provided an update on their collaboration to develop a cost-effective supplement or alternative to glycerine in Quadrise’s bioMSAR™ fuel. Quadrise informed it has produced stable blends of bioMSAR™ containing
Hapag-Lloyd inks biofuel supply deal with ExxonMobil
Oil and gas major ExxonMobil has signed an agreement to supply German liner major Hapag-Lloyd with B30 marine biofuel oil in the Amsterdam-Rotterdam-Antwerp (ARA) region. Biofuel is an important part of Hapag-Lloyd’s sustainability journey as biofuel blends can give a meaningful contribution to deca
Heerema lands jacket construction deal for North Sea platform
Heerema Fabrication Group has been hired by Aker BP for the procurement and construction of a jacket destined for a North Sea platform.
Survey soon to start on 1.4 GW UK offshore wind farm site
A 3D seismic survey will soon start on the Sofia offshore wind farm array site off the east coast of the UK. The 3D seismic survey will consist of towed survey equipment approximately 100 metres in length within the offshore wind farm array site. The survey operations, conducted by GEOxyz’s MV Geo O
Jovo to equip LNG carriers with Ascenz Marorka’s ‘Smart Shipping’ solution
Ascenz Marorka, a GTT Group brand, has been awarded two contracts by Jovo, a China-based clean energy service provider, to equip two LNG carriers with its ‘Smart Shipping’ solution. According to GTT, a French LNG containment specialist, the contracts cover the installation of automatic data collecti
Carbon capture seen as ‘key tool’ in fight against greenhouse gas emissions
OEUK has outlined that the recently offered carbon storage licences signify the UK could bury 30 million tonnes of CO2 a year by 2030.
NKT unveils investment plans worth €1 billion in new factory and cable-laying vessel
NKT is planning to boost its high-voltage power cable business with a €1 billion investment in a new factory in Sweden and a power cable vessel.
Early Bird tickets for Offshore Energy Exhibition & Conference 2023 now available!
Great news! Tickets for Offshore Energy Exhibition & Conference 2023 (OEEC) are now available for purchase! OEEC takes place on 28 & 29 November 2023 in RAI Amsterdam. Benefit from the Early Bird price and buy your ticket here to get a 25 % discount by using the code EARLYBIRD2023. OEEC is a premier