Business Developments & Projects
RGU wins $1.5 million to establish hydrogen testing facility in Scotland
Robert Gordon University (RGU) has been awarded £1.2 million ($1.5m) of funding by the Scottish Government to establish a hydrogen testing facility at the National Subsea Centre (NSC) in Aberdeen. According to RGU, the funding comes as part of the Hydrogen Innovation Scheme, a £7 million ($8.8m) cap
Shared floating wind and wave projects offer 12% combined cost reduction, report finds
Sharing infrastructure, services and supply chain between wind and wave energy projects can significantly reduce the levelised cost of energy (LCOE) for both wind and wave energy projects, a new report has found.
Höegh Autoliners taps North Ammonia to power its dual-fuel car carriers
Norwegian shipowner Höegh Autoliners has signed a partnership agreement with compatriot green energy provider North Ammonia for the supply, distribution, delivery, and consumption of green ammonia.
First inter-array installation campaign completed at Neart na Gaoithe
Neart na Gaoithe Offshore Wind Farm Limited (NnGOWL) has completed the cable layout for the first campaign of six inter-array cables and one interconnector between the two offshore substations (OSS) within the Neart na Gaoithe offshore wind farm site in Scotland. The works began on Wednesday, 12 Apr
Decision time: To challenge or not first rig arbitration case ruling in favour of Keppel shipyard
Awilco Drilling has made up its mind about a potential appeal of the arbitration tribunal ruling in the first arbitration case.
BASF and Advent join efforts in building supply chain for hydrogen fuel cells
BASF Environmental Catalyst and Metal Solutions and Advent Technologies Holdings have concluded the terms of a new agreement to establish a full loop component supply chain for fuel cells and enter discussions to extend the partnership into the field of water electrolysis. According to BASF, the sco
UK player adds more North Sea assets to its oil & gas portfolio
Viaro’s RockRose has wrapped up a farm-in agreement with Hartshead Resources for a stake in the Southern North Sea redevelopment project.
Skarv Shipping gets financial boost for ammonia-fueled bulker trio
Skarv Shipping Solutions, a joint venture between Grieg Edge and Peak Group AS, has received NOK 130 million ($12.3. million) in funding from Enova for the construction of three ammonia-powered short-sea bulk carriers.
Trendsetter orders well intervention valves from Scotland
Scotland-headquartered subsea intervention technology company Interventek has secured a contract with the U.S. Trendsetter Engineering for the delivery of well intervention valves for a Gulf of Mexico project. As part of the deal, Interventek will deliver a complete set of fully qualified 20,000psi
Scots start exploring green hydrogen production using tidal energy
Scottish company Nova Innovation is heading up a consortium to look at the potential of producing green hydrogen and oxygen from its tidal energy projects in Shetland.
TIGER project puts tidal energy in UK and France back on track
The Tidal Stream Industry Energiser Project (TIGER) has demonstrated the significant value tidal stream energy can bring to the future energy mix, economies and supply chains in both the UK and France.
Cepsa and GETEC sign green hydrogen agreement
Energy companies Cepsa and GETEC have reached a cooperation agreement by which, in 2026, Cepsa will supply green hydrogen and its derivatives to GETEC for use by its industry clients as part of their decarbonisation goals. The supply is expected to arrive at the Port of Rotterdam and from there deli
Another carbon storage acquisition gig for PGS
Following the completion of four carbon storage acquisition jobs last year, Norwegian seismic company PGS has secured another seismic acquisition contract for carbon storage. PGS did not reveal many details about the contract but did state that it was signed with an “independent energy company” and
Norway opens doors to more exploration in predefined areas with new oil & gas licencing round
Norway has launched APA 2023 round for further exploration activity, encompassing the predefined areas on the Norwegian continental shelf.