Business Developments & Projects
New range of injection systems for low-carbon fuels in the making
Woodward, an engine injection system manufacturer, is developing a new range of injection systems to support the ongoing transition to new fuels in the global energy industry. According to Woodward, the comprehensive portfolio of new systems will be applicable for new and future fuel-powered engines
With over €300 million in contracts, Solstad reports highest-ever quarterly order intake
Offshore energy clients have been spoiled over the last 7-8 years with all types of vessels being always available at a low price, however, this could quickly change, Solstad Offshore’s CEO Lars Peder Solstad stated as the company had reported its highest-ever quarterly order intake for the fourth q
Dutch take aim at lower green hydrogen costs by combining offshore wind and floating solar
A consortium of Dutch companies has launched a government-backed project to explore the synergies between offshore wind, offshore solar and hydrogen production at sea for improved sustainability of North Sea renewable energy projects.
Boskalis wins ‘sizeable’ Moray West offshore wind contract
Boskalis has secured a multidisciplinary role in the development of the Moray West offshore wind farm in Scotland. On behalf of its client, Boskalis will carry out a large number of activities contributing to the development of this renewable energy project in the coming twelve months, the Dutch com
CIP makes its first investment in renewable natural gas
Copenhagen Infrastructure Partners (CIP), one of the largest offshore wind developers, has acquired biogas project Envo Biogas in Tønder, Denmark, from Canada-based clean energy producer Anaergia. The plant was sold to CIP’s Advanced Bioenergy Fund I (CI ABF I), which is developing projects that pro
Fluxys LNG opens subscription window for commercialisation of berthing rights
Fluxys LNG, a part of Belgian natural gas transmission operator Fluxys, has organised a subscription window for the commercialisation of berthing rights for the year 2023. According to Fluxys LNG, small-scale ship loading and unloading services were used more than ever and the market shows interest
Everfuel and Hy24 join hands for hydrogen infrastructure development
Everfuel, a Danish green hydrogen provider, and Hy24, managing a clean hydrogen infrastructure fund, have partnered up for the creation of a joint venture (JV) to finance the development of electrolyser capacity across the Nordics. The agreement includes plans to invest a total of €200 million in eq
New appointment to assist Sparrows in boosting North Sea drilling services offering
Sparrows Group has appointed a drilling services manager for Europe, as it looks to reinvigorate its North Sea offering with drilling services capabilities.
Belships adds three Ultramax newbuilds to its fleet
Norwegian shipowner Belships has entered into agreements to acquire three new Ultramax bulk carriers which are being constructed at Japanese shipyards. The Japanese-design Ultramax bulk carriers represent the highest quality and lowest fuel consumption available in the market today, Belships said. T
Offshore drilling scene ‘very promising’ for Noble, as it works on bringing to life ‘leading’ market player
Noble Corporation has reaped the benefits of its combination with Maersk Drilling, as shown within its results for 4Q 2022.
Activity ramping up on Irish floating wind test site
The Sustainable Energy Authority of Ireland (SEAI) is busy with bringing forward its Atlantic Marine Energy Test Site (AMETS), a floating wind and wave energy technology test site which has been in development for several years now.
Cajun Sun concludes 1st-ever net-zero voyage fuelled by bio-methanol
The dual-fuel vessel Cajun Sun has completed the first-ever net-zero voyage fuelled by bio-methanol, Methanex Corporation (Methanex) and Mitsui O.S.K. Lines (MOL) revealed. The Cajun Sun, operated by Methanex’s subsidiary Waterfront Shipping and chartered from MOL, departed from Geismar, U.S. on Jan
Peninsula starts supplying biofuels in the Strait of Gibraltar
Marine fuel supplier Peninsula is commencing the supply of biofuels at its hub ports in the Strait of Gibraltar as part of its strategy to meet increased complexity in the marine fuel mix. Peninsula has recently received a permit from ISCC – International Sustainability and Carbon Certification rela
BP’s GTA LNG project reaches new development stage
UK-headquartered energy major BP and partners have confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project off the coasts of Mauritania and Senegal. The partnership, which includes BP, PETROSEN, Société Mauritanienne