Business Developments & Projects
MOL to install Norsepower’s rotor sails on a bulker chartered by VALE
Japanese shipping major Mitsui O.S.K. Lines (MOL) and Brazilian mining giant Vale International SA have decided to retrofit a 200,000-ton class bulk carrier with two rotor sails produced by Norsepower Oy Ltd. The bulker is owned by MOL and employed by VALE under a mid-term contract for the transport
MSC: ‘We are willing and ready’ to further adopt alternative fuels
World’s largest container shipping company MSC is ready to embrace alternative fuels as part of its commitment to decarbonize its operations, Claudio Abbate, Vice President of Maritime Policy and Government Affairs at MSC Group, said. Abbate said the company was “willing and ready” to further adopt
Aker BP gets all-clear to deploy Noble rig at North Sea oil & gas field
Aker BP has received consent from Norway’s regulator to use one of Noble’s rigs at a field located in the North Sea off Norway.
Wintershall Dea and Fluxys exploring options for cross-border CO2 transport
Germany’s Wintershall Dea and Belgium’s Fluxys have signed an agreement to jointly cooperate on a cross-border CO2 pipeline network connecting the two countries. As part of the project, CO2 emissions from industrial clusters in southern Germany are to be transported to the German-Belgian border via
International shipping firm orders cable-laying vessel from Vard
Vard, a subsidiary of Fincantieri, has signed a contract with an international shipping company for the design and construction of a new cable-laying vessel. The 95-meter-long vessel will be built entirely by the Vard network, including the main systems and equipment. It will comprise 60 single cabi
Minesto’s tidal energy kite reaches new heights in Faroe Islands
Swedish company Minesto has marked one month of continuous production at record levels with its Dragon 4 tidal energy kite in Faroe Islands, as it advances the preparations for the installation of a new device.
Shell and Equinor complete LNG project negotiations with Tanzania
Tanzania’s Ministry of Energy has announced on Twitter that the negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Norway’s Equinor, and UK’s Shell are complete and experts are now writing contracts. The ministry notified the public that Tanzani
Eni installs wave energy device offshore Italy
Italian energy giant Eni has completed the installation of ISWEC wave energy device off the coast of Pantelleria island in the Mediterranean Sea.
UK’s Mermaid Subsea wins ‘largest contract to date’
Mermaid Subsea Services UK has secured a multi-well contract to be carried out on behalf of a North Sea operator, said to represent the company’s largest contract to date. The two-year contract includes the decommissioning of 22 wells and will see the creation of 12 new roles at Mermaid’s Aberdeen h
50Hertz, Elia issue UXO survey and clearance call
German and Belgium transmission system operators (TSOs), 50Hertz and Elia, have issued a tender for offshore unexploded ordnance (UXO) survey, identification, and clearance campaign in the cable installation corridor(s) in the Baltic and North Seas. Since this joint procurement involves different co
Permitting process starts for BorWin4 offshore wind grid connection in Germany
After filing the documents for the public planning procedure for the section of the BorWin4 offshore grid connection that lies in the Exclusive Economic Zone (EEZ) in 2021, German transmission system operator Amprion has now announced that the approval process at the Federal Maritime and Hydrographi
Westwood: Future of UK’s bountiful hydrogen pipeline rests on government shoulders
In its latest hydrogen whitepaper, Westwood Global Energy, an energy market research and consultancy firm, warns that lack of certainty in government policy could hinder the progress of projects in the UK’s hydrogen pipeline. Westwood’s Hydrogen Scale-up white paper, which explores the key factors p
URBAS and AECOM team up for green and sustainable fuels projects
Spain-based URBAS, specialised in sustainable infrastructures and buildings, real estate development, and renewable energies, has signed an agreement with US-based AECOM, an engineering, architecture and sustainability company, to develop green hydrogen, green ammonia, and sustainable fuels projects
Hellenic Cables firms contract for Greek interconnectors
Greek cable manufacturer Hellenic Cables has signed a contract with the Greek electricity grid operator Independent Power Transmission Operator (IPTO) for the fourth phase of the Cyclades interconnection project. The project includes the Lavrio-Serifos and Serifos-Milos interconnections with a total