Business Developments & Projects
Hyphen and Koole Terminals team up on green ammonia supply
Hyphen Hydrogen Energy, a green hydrogen development company, and Koole Terminals, an independent provider of integrated services for storage, processing and logistics, have signed a Letter of Intent (LoI) on green ammonia. The LoI covers the import of green ammonia into north-western Europe with Hy
New jobs for Diamond Offshore’s rig fleet in U.S. and UK as drilling market shows signs of ‘broad-based upcycle’
Diamond Offshore has secured new contracts and extensions with higher day rates for several rigs in the U.S. Gulf of Mexico and the UK North Sea.
Elbehafen LNG terminal starts regular commercial operations
The Elbehafen LNG terminal in Brunsbüttel, Germany has started its regular commercial operations. At the beginning of May, an LNG cargo was delivered by the LNG Sakura vessel, marking the commencement of operations. The LNG terminal’s developer RWE said the commercial operations will be carried out
EMEC’s marine energy activities brought in over €420M to UK economy, report finds
Economic impact assessment spanning two decades of operations at the European Marine Energy Centre (EMEC) has valued the impact of the test center to UK economy to be over €420 million (£370 million).
RVO soon to launch integrated ground model tender for Dutch wind farm zones
The Netherlands Enterprise Agency (Rijksdienst voor Ondernemend Nederland; RVO) has issued a prior information notice for the development of an integrated ground model (IGM) and a geotechnical interpretative report for the Nederwiek Noord and Hollandse Kust West VIII Wind Farm Zones. According to th
Gidara Energy gets green light for methanol plant in port of Amsterdam
Gidara Energy has received a key environmental permit for its renewable methanol facility to be built at BioPark in the port of Amsterdam. The environmental permit was granted by the province of Noord-Holland, allowing the company to build its Advanced Methanol Amsterdam (AMA) facility. The facility
Aker Horizons and VNG ink LOI to ship ammonia from Norway to Germany
Norway-based green energy developer Aker Horizons and German gas group VNG have signed a letter of intent (LOI) aiming to ship green ammonia from Narvik, Northern Norway, to Germany. VNG said it plans to procure up to 200,000 tonnes of green ammonia per year from Aker Horizons’ large-scale green ind
Stena Line takes over ferry and RoRo terminal in Port of Ventspils, Latvia
Swedish ferry operator Stena Line has acquired the operations of the ferry and RoRo terminal in the Port of Ventspils, Latvia, in the latest move supporting the group’s long-term expansion in the growing Baltic Sea region. Stena Line has operated the route between Ventspils and Nynäshamn, Sweden sin
Shortly after revealing new investment plans, NKT’s CEO resigns
NKT’s Chief Executive Officer (CEO) Alexander Kara has decided to leave the company and is being replaced from within. The announcement comes shortly after the company revealed it was planning new investments in additional production capacity and capabilities. According to NKT, Kara has decided to l
CMA CGM moves forward with Bolloré Logistics acquisition deal
French liner heavyweight CMA CGM has committed to purchasing Bolloré Group’s transport and logistics operations – Bolloré Logistics. CMA CGM said that it has granted ‘ a put option’ to Bollore Group to sell Bollore Logistics after exclusive negotiations announced on April 18, which the latter accept
Belgian Blue Cluster gets new chief
The Blue Cluster in Belgium, an organization established to promote the development of innovative economic activities at sea, has appointed Piet Opstaele as its new chief executive officer.
Opponents of Rügen LNG plans submit petition to Bundestag committee
After collecting tens of thousands of signatures on the petition, opponents of the planned LNG terminal off Rügen in Germany have presented their concerns to the Bundestag’s petitions committee regarding the inclusion of this location in the LNG Acceleration Act. With support from the German Environ
Saab’s Seaeye ROV finds work at Polish oil fields in Baltic Sea
LOTOS Petrobaltic, part of multi-energy concern ORLEN, has ordered Saab’s Seaeye Leopard work class robotic vehicle to service underwater infrastructure within Poland’s B3 and B8 oil fields in the Baltic Sea.
International offshore rig count slips a notch
Baker Hughes’ international rig count report indicates that the number of offshore rigs lost its forward momentum.