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Business Developments & Projects

SeaTwirl_S2
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

about 3 years ago
Danish duo to establish country’s 1st facility for handling captured CO2
Business Developments & Projects

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.

about 3 years ago
Illustration (Courtesy of the University of Évora)
Business Developments & Projects

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.

about 3 years ago
Offshore wind shines bright for Fugro yet again
Business Developments & Projects

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

about 3 years ago
Tenders canceled for Poland-Lithuania submarine interconnector
Business Developments & Projects

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

about 3 years ago

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Wood teams up with SGN to boost UK hydrogen plans
Business Developments & Projects

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

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Business Developments & Projects

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.

about 3 years ago
Ørsted selected for Denmark's first full-scale carbon capture and storage project
Business Developments & Projects

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

about 3 years ago
Fluxys looking into hydrogen transportation routes in Belgium
Business Developments & Projects

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,

about 3 years ago
Swiss-Norwegian partnership developing mini resident underwater drone system
Business Developments & Projects

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

about 3 years ago

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Princess Cruises names second LNG-powered cruise ship
Business Developments & Projects

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

about 3 years ago
Shelf Drilling’s Shelf Perseverance (former Noble Hans Deul) jack-up rig; Source: Noble Corporation
Business Developments & Projects

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.

about 3 years ago
Montenegro inks MoU with US companies for LNG terminal in port of Bar
Business Developments & Projects

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

about 3 years ago
LNG-powered Icon of the Seas completes propulsion start trial
Business Developments & Projects

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

about 3 years ago