Business Developments & Projects

Floating Power Plants looks to boost wave energy engineering ranks
Danish company Floating Power Plant is looking to expand its team with two openings for hydrodynamic wave energy converter modelers to help deliver its floating wind and wave device hybrid.

Ocean Oasis unveils wave energy-driven desalination prototype
Norwegian company Ocean Oasis has presented the prototype device, named Gaia, for wave energy desalination that will be tested at the Oceanic Platform of the Canary Islands (PLOCAN).

DNV, MPA Singapore renew decarbonization and digitalization partnership
DNV classification society and Singapore’s Maritime Port Authority (MPA) have agreed to continue their collaboration on decarbonization and digital innovation in the maritime industry. Kenneth Lim, Assistant Chief Executive (Industry and Transformation), Maritime and Port Authority of Singapore (MPA

Centrica knocks on Wood’s door for UK North Sea support
Wood has been appointed as an integrated services partner by Centrica Storage for the company’s UK Southern North Sea operations.

Construction starts on Northern Lights’ LNG-fueled, wind-assisted CO2 carriers
China’s Dalian Shipbuilding Industry Co. (DSIC) has started the construction of two LNG-powered, wind-assisted CO2 carriers for Northern Lights, a joint venture of energy majors Shell, Equinor and TotalEnergies.

Bumi Armada FPSO to cut carbon emissions with AI technology
Malaysian offshore vessel provider Bumi Armada has selected OPEX artificial intelligence technology to reduce carbon emissions on an FPSO facility located in the North Sea. OPEX Group’s emissions.AI software will be deployed on the Armada Kraken FPSO facility, which serves the EnQuest-operated Krake

Minesto’s Dragon tidal energy device reaches record levels of electricity production
Swedish marine energy company Minesto has produced record levels of electricity in the last two months with its 100kW Dragon 4 tidal energy device in Faroe Islands.

Nuclear ships regulations to enter into force in UK on December 8
The UK is about to pass legislation on nuclear propulsion for merchant ships, closing a loophole in its maritime legislative system on a propulsion technology that is gaining a lot of attention in the shipping world as the potential pathway for slashing emissions. Namely, the UK Parliament is set to

UK firm sets up dedicated energy transition consultancy
UK engineering and management services provider Penspen has launched its Energy Transition Consultancy which will be dedicated to advising clients on low carbon-related opportunities. Penspen said its energy transition work is built around four pillars of expertise, including building new hydrogen a

Norway’s oil & gas output slightly higher in October
Even though Norway saw a slight increase in oil & gas production in October compared to September, this is still below the NPD’s predictions.

WATCH: Türkiye edging closer to first gas from giant Black Sea project as pipe laying work wraps up
Türkiye has finished laying pipes in the Black Sea as part of its giant Sakarya gas field project development, which is seen as one of the country’s largest energy projects ever built. As a result, the project is on track to achieve the first gas in the first quarter of 2023.

Norwegian duo adding new subsea concept to low carbon toolbox
Norwegian companies Aker Solutions and Seabed Separation have entered into a technology cooperation agreement to promote a new subsea separation concept that is said to help reach Environmental Sustainability Goals (ESG). The new concept, named the Dual Pipe Separator (DPS), is said to solve the cha

TES Wilhelmshaven gas terminal to feature Strohm’s TCP solutions
Strohm has secured a contract with ECOnnect to provide thermoplastic composite pipes (TCP) for the TES Wilhelmshaven gas terminal in Germany. The project, which is being developed by a provider of green hydrogen at scale Tree Energy Solutions (TES), aims to provide sustainable, clean, non-intermitte

Investigation launches into fire at Åsgard B
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a fire that broke out in a transformer at the Åsgard B platform in the Norwegian North Sea. The fire, which was reported in the transformer room on 14 November, was extinguished but produced smoke and led to a production