Business Developments & Projects

First 100km of subsea cable in at Shetland HVDC link
The first 100 kilometers of subsea cable has been installed for SSEN Transmission’s Shetland High Voltage Direct-Current (HVDC) link in the North Sea. The £660 million project will involve constructing a 260-kilometers subsea cable from Shetland to the GB mainland, linking Shetland to the national g

With another acquisition under its belt, Shell extends its UK gas portfolio
Shell has added a gas field located West of Shetland to its asset portfolio thanks to a deal with Reabold Resources.

Waveswing wave energy trials ‘exceed expectations’
AWS Ocean Energy has unveiled ‘highly encouraging’ results from the current phase of sea trials of its Waveswing wave energy device at the European Marine Energy Centre (EMEC) in Orkney.

Amogy CEO: Our goal is to cut 10 pct of global GHG emissions by 2040
Since the official launch of Amogy in November 2020, the Brooklyn-based technology startup has had several important milestones. The company is building a zero-emission ammonia-to-power system, which aims to enable the decarbonization of heavy-duty transportation and industries, including shipping.

Dutch company secures close to €5 million for tidal power technology
Dutch company SeaQurrent has closed a multi-million euro funding round, securing support from major organizations for the development of its tidal energy technology and projects.

Flow test for first gas well in Black Sea drilling campaign in line with expectations
Trillion has revealed flow test results for the first well in its 2022 – 2023 drilling campaign on a gas field in the Black Sea off Türkiye.

UK regulator scraps CoP reports requirement to bolster energy security
UK’s regulator says that the industry will make significant savings in time and money following its move to cut red tape and scrap the requirement for CoP reports.

TrueOcean launches digital subsea survey data platform
Germany-headquartered subsea geo-information specialist TrueOcean has launched a new digital platform that unifies subsea survey data formats. According to TrueOcean, the smart marine data platform (MDP) accelerates the transformation of marine data acquired by underwater sensors, including multibea

New vessel operator sets up shop as ammonia-powered PSV design enters offshore market
Amon Maritime has launched a new offshore market player – Amon Offshore – and a carbon-free, ammonia-powered PSV design.

Brodosplit lays keel for zero-emission passenger sailing ship
Croatian shipbuilder Brodosplit, part of the DIV Group, has laid the keel for a zero-emission electric passenger sailing ship.

Wavepiston starts accelerated wave energy tech testing
Danish wave energy company Wavepiston has started accelerated tests of its technology at Technical University of Denmark’s (DTU) test facility as part of the EU-backed VALID project.

Baltic Pipe receiving terminal put into operation
The receiving terminal of the Baltic Pipe project located at Varde in Western Jutland, Denmark, has been put into operation and is now receiving gas from Norway. The terminal was put into operation on 1 November at 6 a.m. local time, so far with half of the total capacity (6,700 MWh/h). This means t

Geophysical survey completed for Swedish offshore wind farm
Clinton Marine Survey, on behalf of OX2, has carried out a geophysical survey for the Galatea-Galene wind farm offshore Sweden. The survey of about 370 square kilometres was carried out by Clinton Marine Survey’s Northern Storm vessel over a five-week period and included both the wind farm area and

Dutch companies, government plan green hydrogen corridor with Chile
Representatives from Dutch companies including Port of Rotterdam, Port of Amsterdam, consultants, storage and transportation providers, have set sights on exploring the opportunities to develop a green hydrogen export corridor with Chile.