Business Developments & Projects

France creates largest European sea trial center for marine renewables
The largest European center for sea trials entirely dedicated to floating wind power and marine renewable energies called the OPEN-C Foundation has been set up in France by major industry players.

Surveys completed for Polenergia and Equinor’s Polish offshore wind projects
Equinor and Polenergia have completed geophysical and geotechnical surveys for the MFW Bałtyk II and MFW Bałtyk III offshore wind farms, located in the Polish Baltic Sea. The seabed surveys were carried out by a fleet of ten vessels owned by different contractors along a 1,000-kilometre section for

After wrapping up Tailwind acquisition, Serica ‘uniquely placed to prosper’
Serica Energy has closed the acquisition of Tailwind, which has diversifying its portfolio with a new production hub while lifting the firm into the top ten UK producers.

Samskip installs first carbon capture system
Dutch multimodal operator Samskip has installed its first CO2 exhaust gas cleaning system on one of its shortsea vessels. The installation was performed while the vessel, Samskip Innovator, was docked at the shipyard Royal Niestern Sander. The system is being provided by Value Maritime under a deal

Hurtigruten working on launching its first zero-emission cruise ship by 2030
As informed, the new consortium is dedicated to developing innovative, zero-emission solutions for the future of passenger ships. The project, named Sea Zero, has been awarded €7 million in public funding and has a total budget of €13 million going into this research and development phase.

AFC Energy launches ammonia cracker technology platform
AFC Energy, a UK-based provider of hydrogen fuel cell technology to generate clean off-grid energy, has started its new ammonia cracker technology platform, an innovative solution that the company said will revolutionise ammonia crackers by enabling them to produce green hydrogen at scale. According

UK and France strengthen ties on energy security and resilience
The governments of the UK and France have signed a new agreement committing to greater cooperation on energy resilience and low-carbon technologies, which could potentially support a rise in electricity interconnection by two thirds. The Statement of Cooperation on Energy was signed on 10 March by t

Air Liquide aims to build ammonia cracking pilot plant in Belgian port by 2024
French industrial gases supplier Air Liquide has revealed plans to build an industrial-scale ammonia cracking pilot plant in the port of Antwerp, Belgium. The company announced the construction of the plant on 23 March, stating that it will use innovative technology to enable the conversion of ammon

TECO 2030 to work on several fuel cell projects with undisclosed party
Norway’s cleantech company TECO 2030 has signed a Memorandum of Understanding (MoU) with an undisclosed party for cooperation on several fuel cell projects which in total could represent 50 MW of fuel cell output. The MoU outlines a 3-year cooperation commitment to successfully execute the project o

Höegh LNG closes acquisition of CoolCo’s LNG carrier
Höegh LNG, an owner and operator of floating LNG import terminals (FSRUs) and LNG carriers, has completed the acquisition of the 2013-built LNG carrier from Cool Company (CoolCo). Under the deal signed in February 2023, Höegh LNG agreed to purchase CoolCo’s Golar Seal, an LNG carrier with 160,000 cb

After bolstering oil, gas and renewables in 2022, TotalEnergies ramping up low-carbon investments in 2023
France’s TotalEnergies has decided to step up its investments in low-carbon energies to $5 billion in 2023.

Alfa Laval sets sights on air lubrication tech with new company acquisition
Swedish sustainable solutions provider Alfa Laval has completed the acquisition of Marine Performance Systems B.V., a Rotterdam-based maritime technology company that has developed the first fluidic air lubrication system on the market.

Orbital Marine Power unveils plans for 30MW tidal energy project off Orkney
Scottish company Orbital Marine Power has secured an Option Agreement from Crown Estate Scotland for a new tidal energy project in the Westray Firth.

Utility ROV Services lands Moray West gig
Scotland-based Utility ROV Services has won a contract to provide boulder and debris clearance services on the Moray West offshore wind farm. The manufacturer of the UTROV system plans to start offshore operations in the first quarter of the year. A turnkey contract was signed between the Moray Offs