Business Developments & Projects
Cummins and Danfoss link up on hybrid solutions for ships
US-based tech provider Cummins and Denmark’s Danfoss Power Solutions’ Editron division have signed a Memorandum of Understanding (MOU) to bring a standard hybrid marine solution to the global maritime market.
Survitec gets nitrogen systems order for LNG-fuelled cruise ship
Maritime Protection, a brand of global survival technology solutions provider Survitec, has secured an order for a set of nitrogen systems for installation on an LNG-powered cruise ship. According to Survitec, the scope of supply is for two nitrogen generators, feed-air compressors, valves, and cont
Island Drilling rig on its way to Norway to get ready for its next gig in UK
Island Drilling has revealed that its semi-submersible rig is in transit to Norway to prepare for its next contract with Dana Petroleum in the UK.
Transocean lands strategic collaboration deal with Equinor and secures more work for two rigs
Equinor has inked a strategic collaboration agreement with Transocean and added more work to the backlog of two semi-submersible rigs.
Construction support vessel adds Prysmian and Saipem to its to-do list
CSS Subsea has entered into a charter agreement with GO Offshore for a construction support vessel (CSV) used for supporting inspection, maintenance and repair works at oil & gas and renewables projects. CSS Subsea will take delivery of the CSV GO Supporter in early April and the vessel’s first proj
Norsepower nets €28M in funding to boost production of rotor sails
Finnish cleantech company Norsepower Oy has secured €28 million in its latest funding round to scale up production and expand the reach of its fuel-saving and emissions-reducing technology, rotor sails.
DNV adds low-carbon fuels to its AFI data platform
As part of an effort to accelerate the decarbonisation of shipping, classification society DNV has enhanced its Alternative Fuels Insight (AFI) data platform by adding new low-carbon fuels, including methanol, ammonia, hydrogen, and LPG. DNV said the platform will include detailed insights for low-c
New MoU signed for Greece-Africa interconnector
Greece-based Asso.subsea has signed a Memorandum of Understanding (MoU) with Eunice Energy Group for cooperation on the 2 GW electrical interconnection between Greece and Egypt. The project is being developed by the transnational GAP Consortium, founded by Eunice Energy Group, and is aiming to contr
Stolt-Nielsen units explore potential of ammonia as alternative fuel
Stolt-Nielsen’s units Stolthaven Terminals and Stolt Tankers are exploring the potential of ammonia as a greener alternative to traditional petroleum-based marine fuels to support the ongoing transition to low and zero-carbon energies. In line with this, Stolthaven Terminals, a provider of storage s
With energy transition off-track, IRENA calls for diverting $1 trillion of annual fossil fuel investment by 2030 to accelerate it
The International Renewable Energy Agency (IRENA) has outlined the investment needs of $35 trillion by 2030 as the price for the green shift.
Power cables now in place for electrification of Utsira High
NKT has completed the power cable systems connecting six offshore oil and gas platforms located at Utsira High to the onshore power supply. This is said to play a central role in reducing carbon emissions from the Norwegian continental shelf (NCS) with 1.2 million tonnes annually. NKT has provided t
Equinor ready to deploy Transocean rig for work in Norwegian Sea
Equinor has received consent from Norway’s offshore safety regulator to use one of Transocean’s semi-submersible rigs on a field located in the Norwegian Sea.
TotalEnergies starts binding open season for Le Havre FSRU capacity
TotalEnergies LNG Services France (TELSF), an affiliate of French energy major TotalEnergies, has launched a binding open season to market long-term capacity in its floating storage and regasification unit (FSRU) in Le Havre, France. As announced, the registration period for the open season starts o
Equinor gets the all-clear for North Sea drilling ops
Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using one of Odfjell Drilling’s rigs.