Business Developments & Projects

More gas for Europe, as German giant unveils plans to develop ‘largest discovery in Norway in 2021’
Wintershall Dea has submitted a PDO for a gas field in the Norwegian Sea a year after the discovery was made.

TSOs formalise intention to develop H2Med subsea hydrogen link
Spanish, French and Portuguese transmission system operators (TSOs) have signed a memorandum of understanding (MoU) to collaborate on the development of the proposed H2Med project, which is described as the first hydrogen corridor in the EU. The MoU was signed by Spanish Enagás, French GRTgaz and Te

VTTI plans new floating LNG facility in Netherlands by 2024
Dutch energy company VTTI has decided to explore the development of a floating liquefied natural gas (LNG) facility that will provide the Netherlands with additional storage and import capacity. As disclosed, the floating storage and regasification unit (FSRU) facility will be connected to one of th

Shell and Uniper hand out Humber hydrogen deals
Energy players Uniper and Shell have awarded contracts for the design studies of the main hydrogen production and carbon capture plant for the proposed Humber H2ub project. The project aims to produce low-carbon hydrogen using gas reformation with carbon capture technology at Uniper’s Killingholme p

Havfram Subsea appoints UK managing director from within
Norway-based Havfram Subsea has appointed Gregor Scott, who has been with the company for a decade, as managing director for its UK business. Over the last ten years, Scott has held commercial and leadership roles within Havfram and as managing director for the UK will be responsible for the deliver

UK player plays part in expansion project aimed at ramping up gas production off Israel
Amarinth has delivered two pumps, which will be used for a second oil train on an FPSO working on the Energean-operated field, off Israel.

Yangzijiang Shipbuilding orders tank design of LNG carrier duo at GTT
French LNG containment specialist GTT has received its first order for the tank design of two LNG carriers from its new partner, the Chinese shipyard Yangzijiang, on behalf of a European ship owner. The delivery of the vessels is scheduled between the fourth quarter of 2025 and the second quarter of

IMO MEPC 79 off to a dramatic start as environmentalists call for an end of fossil fuels
The Marine Environment Protection Committee meeting at the UN International Maritime Organisation (IMO) kick-started on Monday with delegates arriving in London to meet in person for the first time since 2019. The delegates were off to a dramatic start as Ocean Rebellion, a grassroots international

SINTEF, Sustainable Energy join forces to improve research capacity
SINTEF and Sustainable Energy have signed a letter of intent that will make relevant research and testing infrastructure available to Norwegian industry in areas that are crucial for the green transition.

Is there a silver bullet for the global energy crisis?
Will countries need all the energy solutions they can get – oil, gas, solar, wind, nuclear, and hydrogen – to tackle this energy crisis?

GoodFuels delivers 100% biofuel to AIDA Cruises vessel
Netherlands-headquartered biofuel provider GoodFuels has delivered 140 mt of 100% biofuel to AIDAprima, Carnival Corporation’s AIDA Cruises vessel. AIDAprima, the Aida Cruises Hyperion-class cruise ship, was refuelled with GoodFuels’ sustainable biofuels, without blending with conventional marine fu

Maersk CEO Soren Skou steps down
The CEO of A. P. Møller – Mærsk A/S (Maersk) Soren Skou, who has led the transformation of the company from a diversified conglomerate to an integrated logistics company, is retiring. Vincent Clerc, currently CEO of the company’s Ocean & Logistic business, will succeed as CEO of Maersk effective 1 J

Value Maritime’s tech picked for Ardmore’s carbon capture-ready tankers
Bermuda-headquartered Ardmore Shipping has selected Value Maritime’s emission-reducing technology to install on six MR tankers.

Early works underway for first UK-Germany energy link
Enabling works and access road works for the NeuConnect energy link are currently underway in the UK and Germany, ahead of major construction starting in 2023. In November, works started on an access road that will connect to the new converter station in Wilhelmshaven, northern Germany. On the Isle