Business Developments & Projects
H2Carrier teams up with L&T to develop floating green ammonia projects
Norway-based H2Carrier has signed a memorandum of understanding (MoU) with Indian multinational conglomerate Larsen & Toubro (L&T) for cooperation in developing floating green ammonia projects for industrial-scale applications. H2Carrier is the designer and owner of the proprietary floating energy p
Maersk Growth invests in green methanol
Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has revealed an investment in Berlin-based startup C1 Green Chemicals AG which specializes in the production of green methanol. The company has developed innovative technology enabling the mass production of green methanol without
Norvic Shipping chartering newbuilds from Japan to meet CII regulations
Dry bulk operator Norvic Shipping has acquired a newbuild dry bulk vessel on a long-term period-charter from Japanese shipowner Fujimaru Kaiun. The new 64,000dwt Ultramax, to be named Norvic Copenhagen, will transport dry cargo for customers around the world following its delivery from Imabari Shipy
Deutsche Ostsee LNG import terminal in Lubmin to start up
Deutsche ReGas operated Ostsee LNG import terminal, for which French energy major TotalEnergies is contributing a floating storage and regasification unit (FSRU) and LNG supply, will see its official inauguration tomorrow. Stéphane Michel, President of Gas, Renewables & Power at TotalEnergies, said:
Helix Robotics charters Glomar vessel for three years
Helix Robotics Solutions has entered into a three-year charter agreement for the DP2 offshore support vessel Glomar Wave for work in the renewables and oil and gas sectors. The 66.4-meter multi-role vessel can be configured with one or two remotely operated vehicles (ROVs) and Helix’s new custom-bui
EU approves €1.1 billion Danish scheme for carbon capture and storage
The European Commission has given its approval for a €1.1 billion scheme to support the roll-out of carbon capture and storage (CCS) technologies in Denmark. The aid will be awarded through a competitive tendering procedure open to companies active in any industrial sector, including the waste and e
Vision Energy adds new subsidiaries for its project in the Netherlands
Vision Energy has incorporated new Dutch subsidiaries to accommodate strategic initiatives for prospective partners, operators, and launching customers for its integrated Green Energy Hub development in the North Sea Port of Vlissingen, the Netherlands. It incorporated Vision Hydrogen BV as a projec
South America to stay ‘key region for high-impact exploration’, Westwood says in 2023 outlook
High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy market research and consultancy firm Westwood reports, explaining that this is due to higher oil prices not having fed through into more explor
2014-built multi-purpose support vessel getting battery hybrid system
DeepOcean has activated the option to request the installation of a battery hybrid system on board the multi-purpose support vessel (MPSV) Stril Server. DeepOcean is chartering the MPSV from Stavanger-based shipowner Simon Møkster Shipping, who will upgrade the vessel to include battery power notati
World’s largest wind-assisted, LNG-fueled sailing ship unveiled
Orient Express, part of Paris-based hotel conglomerate Accor, has unveiled the world’s largest wind-assisted sailing ship that will also run on liquified natural gas (LNG).
Stena Ebba named and launched into operation between Sweden and Poland
Stena Line has held a christening ceremony for its fifth E-Flexer vessel Stena Ebba, marking the launch of its second E-Flexer ferry on the Karlskrona-Gdynia route. Stena Ebba was named by her godmother Ulrica Messing, the governor of the Blekinge region in Sweden, who traditionally smashed a bottle
Sabella gets green light to deploy tidal turbines in the Gulf of Morbihan
French company Sabella has received the official authorization for the deployment of two tidal turbines offshore Brittany region in France, as part of the EU-backed TIGER project.
New assignment for Equinor to tackle nonconformities at North Sea project
Norway’s regulator is awaiting a response from Equinor regarding the way the identified nonconformities will be sorted out.
Shell unveils five energy sector trends to watch in 2023
Shell lists five trends in its energy outlook for 2023 observed through the prism of energy security, economics and transition to low-carbon.