Business Developments & Projects
ORLEN’s first custom-built LNG carrier on its way to deliver LNG from US to Poland
Lech Kaczyński, the first liquefied natural gas (LNG) carrier built for exclusive use by ORLEN Group, has entered service and is on its way to deliver LNG from the US to Poland. PGNiG, an ORLEN Group company specialising in LNG trading, said in a social media update on 19 February that the LNG carri
MeyGen sets record with world’s first 50GWh of electricity generated by tidal energy
The MeyGen tidal energy project, developed by SIMEC Atlantis Energy, has become the first tidal stream array in the world to generate 50GWh of clean electricity from tidal energy.
Fugro USV gets green light for UK waters
Fugro has received approval from the UK’s Maritime and Coastguard Agency (MCA) to operate the first uncrewed surface vessel (USV) with an electrical remotely operated vehicle (eROV) in UK waters. The MCA granted Fugro’s Blue Essence category 2 approval, meaning the vessel can be operated within 60 n
DNV proceeds with offshore hydrogen pipeline joint industry project
DNV is launching the second phase of a joint industry project (JIP) aiming to develop the first guideline for the transport of hydrogen in existing and new offshore pipelines. The second phase of the H2Pipe project will see the development of a new code for the design, re-qualification, construction
Survey for Southern North Sea gas project set for April
Belgium-based geo-data specialist GEOxyz has secured a contract with the oil and gas services provider Hartshead Resources, for a geophysical survey across the Anning and Somerville fields and inter-field pipeline locations in the Southern North Sea.
Drilling vessel gets new gig in Caspian Sea
Caspian Sunrise has won a new deal for the Caspian Explorer drilling vessel, enabling it to carry out work in the Caspian Sea.
Tripartite partnership pursuing European carbon capture and storage value chain
Horisont Energi and Neptune Energy have signed a Memorandum of Understanding (MoU) with E.ON for the development of a European carbon capture and storage (CCS) value chain. With the agreement, Horisont Energi aims to strengthen the existing cooperation with E.ON, and by bringing in Errai partner Nep
Höegh LNG buys CoolCo’s LNG carrier, eyes FSRU conversion opportunities
Norwegian shipping company Höegh LNG has entered into an agreement with Cool Company (CoolCo) to acquire the 2013-built LNG carrier Golar Seal. Under the agreement, Höegh LNG will buy the carrier with 160,000 cbm capacity for $184.3 million. The transaction is expected to close on the redelivery of
Biofuels: the low-hanging fruits ensnared in policy gaps
Biofuels have emerged as a promising solution that can be implemented without significant changes to existing infrastructure. Nevertheless, there are numerous challenges hampering their wider adoption.
Scotland and Singapore sign hydrogen MoU
The Scottish Hydrogen and Fuel Cell Association (SHFCA) and its Singaporean counterpart, the Hydrogen and Fuel Cell Association of Singapore (HFCAS), have signed a Memorandum of Understanding (MoU) that will see the organisations work together to promote mutually beneficial hydrogen and fuel cell te
Elegant Exit Company buys Wan Hai veteran for green recycling
Netherlands-based Elegant Exit Company (EEC) has acquired the Wan Hai 165, a containership built in 1998, from Taiwanese shipping company Wan Hai Lines. The vessel was put up for demolition sale as part of a wider bidding process Wan Hai launched at the end of last year covering ten end-of-life cont
Prysmian begins construction of new cable-laying vessel
Prysmian has kicked off the construction of its new cable-laying vessel with a steel-cutting ceremony at VARD’s shipyard in Romania. The construction of the sister vessel to cable-layer Leonardo da Vinci began on 16 February at Vard Tulcea in Romania. “Prysmian Group had the honor of hitting the but
Ertuğrul Gazi FSRU meets post-earthquake gas needs in Kahramanmaraş
Ertuğrul Gazi, the first Turkish-flagged floating storage and gasification unit (FSRU), has worked at full capacity to meet the demand for natural gas after the devastating earthquake that hit the country on 6 February. According to a statement by Boru Hatları ile Petrol Taşıma AŞ (BOTAŞ), the compa
Topsoe to provide hydrogen technology for ExxonMobil’s Texas project
Topsoe, a Danish company that specialises in carbon emission reduction technologies, and ExxonMobil, a US energy and petrochemical company, have signed an agreement under which Topsoe will deliver its hydrogen SynCOR™ technology to ExxonMobil’s planned low-carbon hydrogen production facility in Bayt