Business Developments & Projects

Seabased shakes hands for 10MW wave energy plant in Tonga
Swedish wave energy company Seabased has signed a memorandum of understanding (MoU) for the development of 10MW wave energy plant offshore the Polynesian country and archipelagic state of Tonga.

DUH demands immediate halt to construction as work begins on Baltic Sea LNG terminal
Deutsche Umwelthilfe e.V. (DUH), a non-profit environmental and consumer protection association, has filed an objection demanding an immediate halt to the construction of the planned Baltic Sea LNG terminal for which initial works have started. Earlier this month, the environmentalist group voiced i

New European partnership to support energy transition, hydrogen in focus
Hydrogen Europe, Hydrogen Europe Research, and EURAMET (the European Association of National Metrology Institutes) have signed a Memorandum of Understanding (MoU) to foster cooperation for the mutual benefit of the associations, in support of hydrogen research and technology requiring metrological k

Meyer Werft, Royal Caribbean working on new fuel cell system for ships
German battery technology company Freudenberg e-Power Systems, shipbuilder Meyer Werft and cruise line Royal Caribbean Group have joined forces to develop a completely new fuel cell system tailored to the maritime sector.

Lhyfe, Centrica unveil joint offshore wind-to-hydrogen plan in UK
French green hydrogen production specialist, Lhyfe, and Centrica, the UK-headquartered multinational energy company, have signed an agreement to jointly develop offshore renewable hydrogen in the UK, starting with a pilot project in the Southern North Sea. Beyond the pilot, Lhyfe and Centrica will a

Equinor sets its cap on bringing OKEA as new partner in North Sea field
Equinor and OKEA have entered into an agreement, which will enable the latter to acquire 28 per cent interest in the Statfjord area.

In focus: A case for a European offshore hydrogen backbone
300 terawatt hours (TWh) of green hydrogen could potentially be produced using electricity from offshore wind farms in the North Sea by 2050, and used not only to decarbonize hard-to-abate sectors but also to boost the security of energy supply in Europe, a new study has shown. The “Specification of

Cable works at Arcadis Ost 1 in full swing
JDR Cable Systems has begun the subsea cable termination and testing works on behalf of its client Parkwind for the Arcadis Ost 1 offshore wind farm in Germany. In 2021, JDR won a contract to supply, test, and terminate 45 kilometres of 33 kV array cable that will connect the wind farm’s 27 MHI Vest

Irish TSO seeking services for interconnector projects
Irish transmission system operator (TSO) EirGrid has launched a tender comprising five lots that seeks offshore marine support services for interconnector projects. EirGrid is looking for a strategic partner to provide a range of specialized offshore services, resources and consultancy advice, studi

EU’s Net-Zero Industry Act: A chance to scale up net-zero tech or missed opportunity to match US IRA?
As part of the Green Deal Industrial Plan, the European Commission (EC) has proposed new initiatives and a set of actions to scale up the manufacturing of clean technologies in the European Union (EU), including renewable hydrogen, carbon capture, and alternative fuel technologies, among others. On

‘Too low and too tight’ – UK industry calls on government to revise CfD budget
Following the announcement of the budget for the UK’s fifth Contracts for Difference (CfDs) allocation round (AR5), and the plan on how different renewable energy projects will compete, the renewable energy industry in the UK has warned the budget and the parameters were “too low and too tight” and

Wuhu Shipyard kicks off construction of SAL Heavy’s methanol-ready newbuilds
China’s Wuhu Shipyard has launched construction on SAL Heavy Lift’s first two carbon-neutral heavy lift ships, the shipbuilder revealed. The two 14,600 dwt vessels form part of a fleet of a total of six Orca-class vessels which will be equipped with dual-fuel engines able to run on methanol. SAL Hea

LR green lights Rotoboost’s pre-combustion carbon capture system
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Rotoboost, a Nordic hydrogen production company, for its pre-combustion Carbon Capture System (CCS) Rotobox. Rotobox uses thermocatalytic decomposition process (TCD) onboard marine vessels, where part of the natural gas fuel supply is

Nexans nears end of activities at Greek interconnector
Nexans has completed the last pull-in of the subsea interconnector cable between the island of Crete and the Greek mainland. Nexans is in charge of the design, manufacture and installation of the 335-kilometer subsea HVDC cable system for Ariadne Interconnection, owned by Greece’s state grid operato