Business Developments & Projects
UK a step closer to delivering ‘first-in-industry’ digital solution for workers in offshore energy sector
3t Energy has been selected to develop a pioneering digital solution in partnership with OPITO to help workers in the offshore energy sector.
Norbulk picks Verifavia’s emission verification tech for 65 vessels
International emissions verification specials Verifavia has inked a contract to provide its full suite of emissions verification services to Norbulk Shipping, the UK-based ship management company.
Fratelli Cosulich secures financing for its LNG bunkering newbuild
Italian maritime transportation group Fratelli Cosulich has won a €29.5m loan from a consortium of lenders to finance 70% of the construction costs for a new LNG bunkering vessel currently being built by Chinese shipyard Nantong CIMC Sinopacific Offshore & Engineering Co. The lenders include Crédit
German TSO seeks export cable system provider
German transmission system operator (TSO) 50Hertz has issued a contract notice seeking a submarine and land cable system for the OST-6-1 offshore wind grid connection in the Baltic Sea. The contract covers the design, engineering, construction, supply, installation, burial, handling, and commissioni
Scandinavian Biogas secures multi-year Bio-LNG supply deal worth $27 million
Swedish biogas producer Scandinavian Biogas has signed a multi-year agreement for the supply of liquid biogas (Bio-LNG) to the transport sector in the Nordic region. As disclosed, the deliveries of liquefied biogas under the agreement will begin shipping in 2023 and are intended from Scandinavian Bi
BP hands out seven-year deal for its oil & gas assets in Azerbaijan
BP has awarded a long-term business services contract, covering its assets in the Caspian Sea and onshore Azerbaijan, to Glensol.
Validity of Ecospray’s ‘strategic’ Molten Carbonate Fuel Cell tech confirmed
The CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for carbon capture (CC) in shipping, matches the expected targets announced by its developer Ecospray, at the beginning of the project, Italian classification society RINA said. The Italian environmental consultant l
In focus: ‘Maximum energy with minimum emissions’ to bring us safely to net-zero goals
With increasing concerns about energy security, questions are arising about whether energy transition to clean and renewable sources can provide solid near-future solutions. According to the energy industry, it is not a matter of either-or, but rather and-and, since we currently need all the energy
Semi-submersible rig heading to Namibia to drill for Shell
Northern Ocean’s Deepsea Bollsta semi-submersible drilling rig is on its way to Namibia where it will work for the oil major Shell.
Neptune Energy spuds exploration well in one of its core areas off Norway
Oil and gas company Neptune Energy has started drilling the Calypso exploration well located in the Norwegian Sea.
Ocean Yield snaps up third methanol-ready containership
Norwegian shipowning company Ocean Yield AS has agreed to purchase a 5,500 TEU newbuilding container vessel under construction at HJ Shipbuilding, Korea.
Google calls for more restrictive ‘green’ hydrogen rules
US technology giant Google, leading a group of several companies including Spanish utility Iberdrola and the Dutch natural gas firm Eneco, has urged the European Commission (EC) to adopt strict rules on what can be classified as ‘green’ hydrogen. On 2 November, Google, Iberdrola and Eneco, among oth
Subsea 7 picks UK firm for welding and coating services
Subsea 7 has entered into a long-term deal with Pipeline Technique (PTL) for the provision of welding and coating services.
P&O Cruises’ LNG-fuelled cruise ship Arvia set for delivery
P&O Cruises’ second LNG-powered Excel-class cruise ship Arvia is set for delivery, German shipbuilding company Meyer Werft revealed.