Business Developments & Projects

TidalKite breezes through preliminary trials ahead of deployment offshore Netherlands
Dutch company SeaQurrent has conducted first tests on its TidalKite tidal energy device as it prepares for upcoming deployment offshore the Netherlands.

Germany joins France, Portugal and Spain on H2Med project
Germany will join the H2Med, a subsea hydrogen pipeline project being jointly developed by France, Spain and Portugal. The extension of the H2Med pipeline to Germany was revealed in the Franco-German declaration on the occasion of marking the 60th anniversary of the Elysee Treaty on 22 January. Fran

Hull of the world’s 1st inland hydrogen vessel heads for outfitting in the Netherlands
The hull of the first-ever inland hydrogen vessel is on its way from Shanghai, ready for outfitting in the Netherlands. The vessel, named ‘Antonie’, is being built by Dutch shipyard Concordia Damen for compatriot inland shipping company Lenten Scheepvaart. Antonie has been loaded onto the Sun Shine

European energy woes spur ‘all-time high’ demand for Norwegian gas
Europe’s imbalanced energy market combined with other factors has generated an “all-time high demand for Norwegian natural gas.”

Equinor and PGS extend cooperation for another two years
Norwegian state-owned energy giant Equinor has exercised an option to extend the multi-year 4D framework agreement with PGS, established in March 2021, by two additional years. The framework agreement covers 4D monitoring surveys on the Norwegian and the UK continental shelf. As a part of the agreem

Cepsa adds diesel-electric hybrid barge to its fleet
Spanish energy company Cepsa has added a diesel-electric hybrid barge to its fleet of marine fuel supply vessels.

Partners apply for ‘Project of Common Interest’ status for AquaDuctus green hydrogen pipeline
Transmission system operators (TSOs) GASCADE and Fluxys have submitted an application with the European Commission for the AquaDuctus project, a North Sea offshore pipeline for green hydrogen produced using electricity from offshore wind farms, to be declared Project of Common Interest (PCI). AquaDu

Norway’s licensing round for oil & gas exploration in predefined areas to offer more offshore acreage
Norway’s Ministry of Petroleum and Energy has sent a proposal for the announcement of the APA 2023 round, which includes additional blocks.

FSG sends its 1st vessel on a multi-day test voyage following restructuring
MV Tennor Ocean, a 210-metre-long RoRo newbuild under construction at German shipyard Flensburger Schiffbau-Gesellschaft (FSG), set off on a test voyage from Flensburg heading for Bremerhaven. The ferry is on the move to Dock 3 at Lloyd Werft. During its week-long stay there, the shipbuilders of FSG

New vessel joins Türkiye’s fleet as Black Sea project nears first gas
Türkiye’s new vessel will soon be going on its first mission in the Black Sea, working on giant project in preparation for the first gas.

Shell & Eneco order Ballard fuel cell system for Hollandse Kust Noord hydrogen energy storage
CrossWind, a joint venture between Shell and Eneco and the developer of the Hollandse Kust Noord (HKN) offshore wind project in the Netherlands, has ordered a fuel cell system from Canadian company Ballard Power Systems to integrate it into the offshore wind farm, which will use water electrolysis t

Superconducting cables project brings promise of sustainable energy transition
The EU-funded project SCARLET has gathered a number of international partners to develop superconducting cables that will enable more efficient and less costly power transmission from renewable electricity generation sites.

Grimaldi brings its ammonia-ready car carrier tally to 15
Italian shipping major Grimaldi has lifted the option for the construction of an additional five ammonia-ready Pure Car and Truck Carrier (PCTC) vessels at China Merchants Heavy Industries Jiangsu. The first five vessels were ordered in October 2022 under a contract with included an option for addit

Holland Shipyards to build two more coasters for De Bock Maritiem
Dutch shipbuilder Holland Shipyards has won a contract to build two coasters for compatriot De Bock Maritiem thus expanding its footprint in the shortsea market. The 3.600 DWT vessels, designed by Conoship, will transport dry cargo and have a low air draft, making them suitable for inland waterways