Business Developments & Projects
Gasunie explores LNG capacity expansion at Gate and Eemshaven, drops plans for new terminal
Dutch energy infrastructure firm Gasunie has decided to continue exploring further options for expanding existing capacity at Eemshaven and Gate terminals instead of adding a new floating LNG terminal in the port of Terneuzen which proved to be unfeasible in the short term. The move is part of Gasun
Norwegian company kicks off new tooling solution project
IK-Subsea, a Norwegian supplier of subsea products and services, has started a project to deliver a new tooling solution to an undisclosed Norwegian oil and gas company.
RWE to use VTG’s tank wagons to deliver ammonia from Brunsbüttel terminal
German energy company RWE and global logistics company VTG have signed a Memorandum of Understanding (MoU) to jointly develop a logistics concept for supplying customers with ammonia. It includes exploring delivery routes and determining the necessary filling and transport capacities. The MoU builds
Thumbs-up for Equinor to spud North Sea wildcat
Equinor has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.
Two months after production start, Johan Sverdrup Phase 2 officially opens
Norwegian state-owned energy giant Equinor has officially opened the second phase of the Johan Sverdrup field located in the North Sea offshore Norway, following the start of production in December 2022. Norway’s Minister of Petroleum and Energy Terje Aasland made the official opening on 13 February
Gas pipeline for Gasgrid Finland’s floating LNG terminal completed in record time
Neste’s Engineering Solutions has completed the construction work of the 2.2-kilometre gas transmission pipeline for Gasgrid Finland’s floating LNG terminal vessel FSRU Exemplar in the port of Inkoo. Finnish transmission system operator Gasgrid recently implemented the country’s first FSRU-based ter
Saipem boosts financial structure and liquidity with new credit facilities
Saipem has entered into two new credit facilities totalling around €860 million with a pool of leading national and international banks.
Interview: How can smart shipping containers make the industry greener?
Cédric Rosemont, newly appointed CEO of Traxens, explains in an interview how smart containers can help shipping become greener.
Noble rig becomes ‘largest ever vessel’ to visit Aberdeen, as it gets ready for decom gig with BP
A Noble-owned jack-up rig, sporting legs more than 200 metres in height, has become “the largest ever vessel” to visit Port of Aberdeen.
Solstad bags new batch of contracts
Norwegian shipping company Solstad Offshore has secured several new contracts and contract extensions for its platform supply vessels (PSVs) and anchor handling tug supply (AHTS) vessels.
IWSA: Momentum continues to grow for wind-installed vessels
The number of wind-installed vessels is set to double in the next twelve months, according to estimates from the International Windship Association (IWSA). At the moment, the wind-assisted cargo capacity is standing at 1.4 million dwt with 22 large ships installed, 2 wind-ready ships, and a further
RINA, ABB to collaborate on decarbonisation projects
Classification society RINA has signed a Memorandum of Understanding (MoU) with Swiss-based technology developer ABB with the aim to develop new concepts to reduce emissions in shipping for various vessel types.
Wavepiston launches €1.4 million crowdfunding campaign
Danish company Wavepiston has opened a second round of equity crowdfunding as it aims to finance the final stages of demonstration and commercialization of its wave energy technology.
Tidal stream power could significantly enhance energy security, research finds
Adopting tidal power alongside other forms of renewable energy can significantly enhance energy security and go some way to enabling communities to fulfil their clean energy ambitions, a new study has shown.