Business Developments & Projects
Dutch govt urged to introduce investment allowance ‘to avoid risks to energy security’
Neptune Energy has called on the Dutch government to introduce an investment allowance in its plans to raise levies on energy companies.
Argeo’s first USV to debut in renewables sector
Argeo’s recently-launched Argus uncrewed surface vehicle (USV) has secured its first project which will be carried out in the renewables market starting in late October. Argus will perform high-resolution mapping of the seafloor and shallow geology, necessary for the planning of offshore installatio
DMEC’s chief deemed as ‘the power of the sea’ for 2022
Ocean Energy Europe’s Vi Maris award for 2022 has been bestowed to Britta Schaffmeister, CEO of the Dutch Marine Energy Centre (DMEC).
Tender for new turbines soon to be launched for wave energy power plant in Spain
The Energy Agency of the Basque Government (EVE) has confirmed it would soon launch a €3.2 million public procurement process for the purchase of new turbine technology for the Mutriku wave energy power plant.
EU Parliament sets 2 pct target for renewable fuels use
The European Parliament adopted the FuelEU Maritime report, voting in favor of a 2% mandate for green shipping fuels by 2030. The report establishes a clear trajectory for greenhouse gas intensity reductions calling for the maritime sector to cut its GHG emissions from ships by 2% as of 2025, 20% as
Equinor facing protests over one of the biggest new oil and gas projects in UK
Norwegian state-owned Equinor is facing a massive digital protest against the company and its operated Rosebank project, located West of Shetland.
Commissioning of Baltic Pipe receiving terminal further postponed
The commissioning of the Baltic Pipe receiving terminal in western Denmark is set to be further postponed due to continued technical challenges. The receiving terminal for gas from the Norwegian Europipe II pipeline was initially planned to be commissioned on 8 October but was postponed to 20 Octobe
NACKS wins LR’s nod for ammonia-powered boxship
Chinese shipbuilder Nantong COSCO Khi Ship Engineering (NACKS) has secured approval in principle for its ammonia-powered containership design from the UK-based classification society Lloyd’s Register. The 16,000 TEU ammonia-fueled container ship has been jointly developed by LR, NACKS and Hudong Hea
EC sets forth emergency rules to fight high gas prices and ensure security of supplies
European Commission (EC) has proposed a new emergency regulation to address high gas prices in the European Union (EU) and ensure the security of supply this winter. On 18 October, the EC made additional proposals to fight the energy crisis through joint gas purchasing, price limiting mechanisms on
FPSO Petrojarl Foinaven goes to M.A.R.S.
M.A.R.S. has been awarded a major EU Green Recycling contract for Teekay’s Petrojarl Foinaven FPSO.
Jadroplov buying first Croatian LPG carrier
Croatian shipping company Jadroplov has signed a contract with Swiss company Irus Holding to buy a liquefied petroleum gas (LPG) transport ship for just over $25 million.
Solstad PSV gets five-year job in North Sea
Solstad Offshore has secured a new five-year contract for one of its platform supply vessels (PSVs) with TotalEnergies in the North Sea.
More renewables work for Solstad vessels
Solstad Offshore has won a contract for the subsea construction vessel (CSV) Normand Baltic, as well as a contract extension for CSV Normand Navigator within the renewables sector. The contracts are for renewable energy projects in North Europe and Asia and represent a combined firm utilization of 3
Molslinjen inks deal with Cemre Shipyard for electric ferry duo
Danish ferry company Molslinjen has signed a contract with Turkish Cemre Shipyard for two zero-emission ferries which will be entirely powered by batteries.