Business Developments & Projects
FuelCell Energy and MHB to develop large-scale electrolyzer facilities
US-based FuelCell Energy and Malaysia Marine and Heavy Engineering (MMHE), a wholly-owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), have signed a Memorandum of Understanding (MoU) to collaborate on the development of large-scale electrolyzer facilities in Asia, New Z
Euronav teams up with Toqua to save fuel and cut emissions
Belgian tanker shipping major Euronav has teamed up with Toqua, a compatriot tech startup focusing on decarbonizing shipping using AI to reduce emissions and improve fuel efficiency. The collaboration began in 2020 when Euronav and Toqua explored how sensor data could improve ship performance models
Equinor’s 20-year-old Norwegian Sea field gets lifetime extension
The Norwegian Petroleum Directorate (NPD) has granted Equinor consent for the extended use of the subsea facility on the Mikkel field in the Norwegian Sea for another five years. Mikkel lies on the Halten Bank, 35 kilometers south of the Midgard deposit in the Åsgard license. It produces through the
Asso.subsea connects Greek island-based wind farm to mainland (Gallery)
Asso.subsea has completed the installation of the 150 kV submarine cable system which will connect a 330 MW onshore wind farm on the Greek island Evia to the country’s mainland grid. The company announced on 16 February the completion of the submarine export cable installation and protection for the
Aker BP getting ready to spud North Sea prospect with Saipem rig
Aker BP has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.
Lhyfe obtains permit for second hydrogen production site in Brittany, France
French hydrogen producer Lhyfe has acquired the construction permit for its second green and renewable hydrogen production site in the Morbihan region of Brittany, France, and is about to begin preparatory construction work. Lhyfe will produce green and renewable, or in other words totally carbon-fr
EU project FLORES kicks off to boost skills in offshore renewables sector
EU-backed Forward Looking at the Offshore Renewables (FLORES) project has been officially launched to develop tools and activities to foster the development of skills in the offshore renewable energy sector.
Sixth LNG carrier for charter with Shell joins Knutsen’s fleet
Norwegian shipping company Knutsen Group has taken delivery of a newbuild 174,000 cbm liquefied natural gas (LNG) carrier at South Korean Hyundai Samho Heavy Industries (HSHI) shipyard. According to Knutsen’s social media update, the vessel named Extremadura Knutsen was delivered to the shipping co
WATCH: Eastern Pacific Shipping fits Value Maritime’s CSS system on a managed tanker
Singapore-based ship management company Eastern Pacific Shipping (EPS) has completed the installation of Value Maritime’s (VM) Filtree system onboard its managed vessel M/T Pacific Cobalt in Rotterdam, the Netherlands. The Filtree system, which filters sulphur and 99% of particulate matter, include
Despite traces of hydrocarbons, Equinor comes up dry in North Sea well
Norwegian state-owned energy giant Equinor has completed the drilling of an appraisal well in the North Sea but failed to find hydrocarbons.
Amogy starts testing ammonia-to-power platform for maritime applications
Brooklyn-based technology startup Amogy has signed a letter of intent and a lease with Sustainable Energy Catapult Center to kick-start testing operations for its 200kW ammonia-to-power platform in Norway. The operations will take place at Amogy’s recently launched testing facility for new and susta
Ørsted selects carbon capture solutions provider for FlagshipONE
Carbon Clean has secured a contract to supply the carbon capture equipment for Ørsted’s FlagshipONE project in Sweden, also known as Europe’s largest green methanol project. Under the contract, Carbon Clean will deliver carbon capture equipment capable of capturing 70,000 tonnes per year of CO2 from
Capricorn – NewMed merger plans come to naught
UK-based Capricorn Energy has dropped the previously announced merger agreement with Israel’s NewMed Energy, following board changes.
Meyer Turku starts building Royal Caribbean’s second LNG-fueled cruise ship
Construction of the second LNG-fueled Icon-class cruise ship for Royal Caribbean has started at the Meyer Turku shipyard. The shipbuilder confirmed this in a social media update stating that the construction began on 15 February with the traditional steel cutting ceremony. This will be Royal Caribbe