Business Developments & Projects

SeaTwirl, Kontiki Winds to explore powering oil & gas assets with floating wind
Sweden-headquartered SeaTwirl has signed a Memorandum of Understanding (MoU) with Kontiki Winds to identify and discuss the opportunities to electrify oil and gas assets and other offshore applications, with the use of SeaTwirl’s floating wind turbines. Under the MoU, the two companies will explore

Danish duo to establish country’s 1st facility for handling captured CO2
The Port of Aalborg and Fidelis New Energy have entered into an agreement to establish Denmark’s first facility for handling captured CO2.

Floating solar in Portugal could exceed national target for solar energy of 7GW, new research finds
Researchers from the University of Évora have found that the installed capacity of floating solar systems in Portugal could exceed the national target for solar energy of 7GW, defined in the country’s National Energy and Climate Plan (PNEC) 2030.

Fugro on floating LiDAR duty offshore Denmark
Danish transmission system operator (TSO) Energinet has awarded Fugro a contract to deploy multiple floating LiDARs at the new offshore wind farm sites in Denmark. There are four new sites the Danish government has designated for offshore wind farms, which could add as much as 7.2 GW of new capacity

Tenders canceled for Poland-Lithuania submarine interconnector
Two tenders have been canceled for a submarine interconnection project that is set to link Lithuania’s and Poland’s electricity systems due to exceeding the investment budget in the offers. Lithuanian transmission system operator (TSO) Litgrid has decided to cancel the procedure for selecting a cabl

Wood teams up with SGN to boost UK hydrogen plans
Consulting and engineering company Wood has announced that it is working with gas distribution company SGN to accelerate plans for key hydrogen transmission infrastructure in Scotland and southern England that supports the UK’s commitment to Net Zero by 2050. Over the next 12 months, Wood said it is

More Norwegian gas on the horizon, as another discovery comes to light
Equinor has made a new gas and condensate discovery near the Kristin field in the Norwegian Sea, using an Odfjell Drilling-owned rig.

Ørsted selected for Denmark’s full-scale carbon capture and storage project
The Danish Energy Agency has awarded Ørsted Bioenergy & Thermal Power with a 20-year contract for Denmark’s first full-scale carbon capture and storage (CCS) project, set to capture and store 430,000 tonnes of CO2 per year from 2026. The Ørsted Kalundborg Hub project will see Ørsted establish carbon

Fluxys looking into hydrogen transportation routes in Belgium
As part of its preparations for transporting hydrogen and CO2, infrastructure operator Fluxys Belgium has selected engineering consultancy Sweco to conduct a feasibility study and preliminary research into several hydrogen routes in Ghent and Antwerp. In addition, Sweco’s assignment includes design,

Swiss-Norwegian partnership developing mini resident underwater drone system
Switzerland-based autonomous underwater robotics company Hydromea has partnered up with Unplugged, a Norwegian firm focused on inductive charging and data transfer technology, to develop a resident underwater drone system for the inspection and monitoring of underwater assets. Under the project, the

Princess Cruises names second LNG-powered cruise ship
Princess Cruises, an American cruise line owned by Carnival Corporation, has named its second LNG-powered Sphere class cruise ship being built by Italian shipbuilder Fincantieri. This second Sphere class ship was named Star Princess and it will sail an inaugural season of Mediterranean voyages when

North Sea well on track to come online at UK gas project
IOG is continuing to drill the second Blythe production well, which is expected to be brought on stream by the end of 2Q 2023.

Montenegro inks MoU with US companies for LNG terminal in port of Bar
The Government of Montenegro is advancing works to install an LNG terminal in the port of Bar as it signs a memorandum of understanding (MoU) with US companies Enerflex Energy Systems and Wethington Energy Innovation. On 12 May, Prime Minister Dritan Abazović, on behalf of the Government of Monteneg

LNG-powered Icon of the Seas completes propulsion start trial
Royal Caribbean International’s first LNG-powered cruise vessel, Icon of the Seas, has achieved another major milestone on the road towards the approaching sea trials as Icon’s propulsion start was completed on 8 May 2023. In addition, progress has been made both inside and outside of the vessel: th