Business Developments & Projects

Stolt Tankers wraps up in-transit hull cleaning trial
Stolt-Nielsen subsidiary Stolt Tankers has completed an in-transit hull cleaning trial using Shipshave’s ITCH on board the Stolt Acer as the vessel sailed from Port Said, Egypt to Algeciras, Spain. The In-Transit Cleaning of Hulls (ITCH) allows the crew to clean the hull while a ship is sailing, ins

Seabed survey starts for 2.1 GW wind project offshore Finland
The energy company Ilmatar has started a technical seabed survey for its planned Stormskär and Väderskär offshore wind project in Finland. The technical surveys of the seabed started by Ilmatar Offshore, a subsidiary of Ilmatar Energy Oy, are within the maritime areas north of Åland that, according

Petrofac secures well management job in North Sea
Oilfield services provider Petrofac has been selected by Dana Petroleum to provide well management services for all its UK North Sea-operated assets.

Net-zero technology developers scoop £8 million to cut offshore emissions in UK
The UK-based Net Zero Technology Centre has revealed the 20 winners of its 2022 Open Innovation Programme. The center was created as part of the Aberdeen City Region Deal, with £180 million of UK and Scottish government funding to maximise the potential of the North Sea. Since its inception in 2017,

Swedish tidal energy company seeks USBL system supplier
Swedish company Minesto has launched a tender for the procurement of a replacement underwater acoustic positioning kit for its tidal energy kite system.

Hy24 clean hydrogen fund up and running at €2 billion of allocations
Hy24, the joint venture between FiveT Hydrogen and Ardian, has announced the closing of its first hydrogen impact fund – Clean H2 Infra Fund – at €2 billion of allocations, exceeding its initial ambitions. Launched a year ago, the fund is said to be the world’s first and largest infrastructure fund

Scandlines wraps up investment in low-noise thrusters for hybrid ferries
Danish ferry operator Scandlines has completed a more than EUR 13 million investment project in upgrading the Fehmarn ferries and at the same time significantly reduced its environmental impact.

Scottish floating wind project completes 2022 offshore survey campaign
The geophysical and environmental survey works for the Salamander floating offshore wind project in Scotland have been completed, marking a significant milestone for the 100 MW project that is planned to be progressed through of the Scottish Innovation and Targeted Oil and Gas (INTOG) leasing round.

Lhyfe establishes hydrogen mobility partnership with Gaussin
French green and renewable hydrogen producer Lhyfe has formed a strategic partnership with compatriot engineering firm Gaussin to accelerate the development of hydrogen mobility at port, airport and logistics sites. The parties have signed a memorandum of understanding (MoU) to study the possibility

Cornerstone bringing in partner for North Sea assets
Cornerstone Resources has signed a binding farm-out agreement for its assets located in the UK North Sea.

Grimaldi investing in 12 new eco-friendly vessels
Italian shipping major Grimaldi Group is celebrating its 75th anniversary with a new round of investments in green vessels and port stake acquisitions. Namely, Grimaldi has signed a contract for the construction of two car carriers of 7,800 lane metre capacity from the Chinese Jinlong yard. The ship

Final piece of Tyra II puzzle now in place
The final offshore lifting and installation campaign for TotalEnergies’ Tyra II project in the Danish North Sea has been completed.

ABL Group secures Greenlink interconnector offshore work
ABL Group has secured work on the Greenlink interconnector – a 500MW interconnector linking power networks in Ireland and Great Britain.

Disappointing result from North Sea appraisal well
UK-based oil and gas company i3 Energy has completed drilling operations on the Serenity appraisal well in the North Sea.