Business Developments & Projects
Knutsen welcomes LNG carriers for charters with ORLEN and Engie
Knutsen LNG France, a part of Knutsen OAS Shipping, has taken delivery of Grazyna Gesicka, a 174,000 cbm LNG carrier constructed by South Korean shipbuilder Hyundai Heavy Industries. In a brief social media update, Knutsen LNG France said the LNG carrier was delivered on 28 April, bringing its RIF F
Fugro to start site investigation at Australia’s first offshore wind farm
Dutch geo-data specialist company Fugro has been awarded a contract to perform a geotechnical site investigation, which is set to kick in this weekend, for Australia’s first offshore wind farm, Star of the South. The geotechnical site investigation is partly funded by the Victorian Government throug
Wales’ tidal lagoon challenge outlines next steps
Marine Energy Wales has recently hosted an informative webinar on Welsh government’s tidal lagoon challenge, which provided a valuable insight into the proposed research priorities, grant application process, and next steps for the project.
TotalEnergies prolongs Havila vessel’s stay in Denmark
Havila Shipping has secured a contract extension for one of its platform supply vessels (PSVs) with TotalEnergies.
Neptune kicks off production from oil & gas field off Norway
Neptune Energy has brought on stream an oil and gas field in the Norwegian Sea off Norway, which has been tied back to Equinor’s platform.
Maersk Growth invests in Danish biofuel producer
Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material. The company has raise
BV approves Technip Energies’ floating CO2 storage and injection concept
French engineering company Technip Energies has received Approval in Principle (AiP) from compatriot classification society Bureau Veritas (BV) for its Offshore C-Hub concept. Technip’s Offshore C-Hub concept is a floating vessel that receives liquid CO2 from shuttle tankers, provides buffer storage
EU sets the stage to throw fossil energy imports into its methane emissions regulation
The European Parliament’s Environment and Industry Committees have voted to extend the scope of the methane emissions regulation.
Aquaterra unveils another tool for CCS developments
Aquaterra Energy is expanding its riser and connector portfolio with the addition of a completions and workover system that will support carbon capture and storage (CCS) developments. According to the company, the end-to-end solution will allow operators to safely perform workover and intervention o
Arrecife Energy starts wave energy device tank trials
Bilbao-based marine energy start-up Arrecife Energy Systems has started testing the scale model of its wave energy device as part of the second phase of EuropeWave project.
Japanese company to set up power cable factory in Scotland
Japan-headquartered Sumitomo Electric Industries is planning to establish a power cable factory in Scotland which will supply cables for offshore wind farms and grid connections. “Sumitomo Electric has the technologies necessary for the development of a green society and will work with the Scottish
MPA Singapore, classification societies join hands on decarbonisation and digitalisation
The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a Letter of Intent (LOI) to collaborate on maritime digitalisation and decarbonisation. The LOI was signed during the Accelerating Decarbonisation Conference at Singapore Maritime Week on 27 April 2
With $1.2 billion first-quarter revenue, Subsea 7 on track to meet full-year guidance
Subsea 7 has reported a revenue of $1.2 billion for the first quarter of 2023, a 4 per cent increase compared to the same period last year, stating it is on track to achieve a higher whole-year revenue than in 2022. The revenue increase is said to reflect strong growth of 18 per cent in […]
First gas flows from another North Sea well, bolstering UK’s energy security
Neptune Energy has started production from the 11th well at its operated gas field in the UK sector of the North Sea.