Business Developments & Projects

‘First massive piece’ of BP’s Azeri project puzzle done, as jacket gets ready for sailaway – gallery
BP has completed the jacket for the ACE platform, which is now ready for load-out to sail away to its final destination in the Caspian Sea.

The Netherlands eyes offshore energy hubs, more floating solar, reuse of gas pipelines for offshore-produced hydrogen by 2050
The Dutch Ministry of Economic Affairs and Climate Policy (EZK) is now actively looking into the build-out of offshore wind beyond 2030, as well as into offshore energy hubs, offshore hydrogen production and reuse of gas pipelines for hydrogen transport. The EZK is currently working on a comprehensi

Volstad Maritime selects NES for Grand Canyon II vessel upgrade
Volstad Maritime has hired Norwegian Electric Systems AS (NES), a subsidiary of HAV Group, to deliver the battery pack and associated control system for battery charging for its Grand Canyon II offshore construction vessel.

Stolt Tankers: CII is causing headaches for chemical tankers
Norwegian shipping company Stolt–Nielsen Limited has joined the critics of the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII), which comes into force in January 2023. The company explained why the CII is causing headaches for the chemical tanker segment and may even pro

More work lined up for semi-sub rig in Norway
Oil and gas company Neptune Energy has extended a contract for the use of a semi-submersible drilling rig in Norway.

Gen2 Energy picks Åfjord for another large-scale hydrogen project in Norway
Norwegian green hydrogen company Gen2 Energy and Åfjord municipality have agreed on a long-term lease of an industrial site in Åfjord for large-scale production and shipping of green hydrogen. According to the agreement, Gen2 Energy will build a production facility for green hydrogen in the industri

Rig moves to fourth well in Black Sea drilling campaign
Trillion Energy has spudded the fourth well in its 2022 – 2023 drilling campaign on a natural gas field in the Black Sea off Türkiye.

Meyer Turku, Finnish Govt to work on climate-neutral ships with RCL
The Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and Meyer Turku Oy, has signed a deal with the US-based cruise major Royal Caribbean Group on sustainable shipbuilding in Finland. The parties signed a maritime declaration that lays the groundwork for the

Bureau Veritas and ThorCon to develop nuclear power barge
Classification society Bureau Veritas and nuclear power technology developer ThorCon have entered an agreement for the technology qualification and the subsequent development of a 500 MW molten salt nuclear power barge for operations in Indonesia.

Scotland-Rotterdam hydrogen highway in the making
A consortium of international partners has launched a new project that aims to establish a hydrogen export route from Scotland to Rotterdam via liquid organic hydrogen carrier (LOHC). The project named LOHC for Hydrogen Transport from Scotland (LHyTS) seeks to demonstrate that LOHC, in the form of m

Alfa Laval to support US refinery biofuel transition
Swedish sustainable solutions provider Alfa Laval has entered into an agreement with a subsidiary of CVR Energy, a US-based renewable fuels and petroleum refining company, to supply processing systems for feedstock pre-treatment, part of a strategic investment in the refinery supporting CVR’s expans

Fluxys offering 13 additional slots at Zeebrugge LNG terminal
Fluxys LNG, a part of Belgian natural gas transmission operator Fluxys, has decided to provide additional LNG slots at the Zeebrugge LNG terminal. With an intention to ensure increased LNG supply into Europe, Fluxys will be offering 13 additional primary slots to unload, store and regasify LNG cargo

Odfjell asked to address nonconformities on semi-submersible rig
Norwegian offshore safety regulator has carried out an audit of Odfjell Drilling and its risk management on one of its semi-submersible rigs.

Eco Wave Power’s wave project wins Innovation Award in Spain
Eco Wave Power’s planned wave project at Port Adriano has won the Timón de Innovación Award (the Innovation Award) granted by the Port Authority of the Balearic Islands (APB) in collaboration with Gaceta Náutica, a publication focused on ports in the Balearic Islands.