Business Developments & Projects
Making Elbe future proof by Van Oord and DEME
With vessels and carriers ever increasing in size deeper and wider access channels are needed. In Germany, Van Oord maintains the navigable depths on the River Elbe that provides access to the countries largest harbour in Hamburg. “Our diverse fleet of dredging equipment is capable to make waterways
Norwegian contractor put in charge of decommissioning 10 North Sea platforms
AF Gruppen has been awarded a contract by TotalEnergies for the removal and recycling of platforms in the Dutch sector of the North Sea.
Vos Prodect secures cable hang-off deal for Hollandse Kust Noord
Vos Prodect Innovations (VPI) has been awarded a contract by Twentsche Kabelfabriek (TKF) to supply cable hang-off systems for the Hollandse Kunst Noord (HKN) offshore wind farm in the Netherlands. VPI will manufacture and deliver the low cable hang-off system to secure the inter-array cables in the
New hydrogen projects achieve record numbers; investments must triple to $700 bln by 2030 to hit net-zero target, report shows
Hydrogen projects have reached record numbers globally as 680 large-scale projects were announced, which is an increase of 50% since November 2021. However, investments in hydrogen must triple by 2030 in order to achieve the global 2050 net-zero target, says a new report published by the Hydrogen Co
OneSubsea welcomes first Ormen Lange subsea compression station
The first of two subsea compression stations destined for the Ormen Lange Phase 3 project has arrived at OneSubsea’s center of excellence at Horsøy, Norway. The update was shared on social media by Mads Hjelmeland, head of Processing Systems Projects at OneSubsea. “This is an important milestone for
Leviathan, German Naval Yards aim to be the powerhouse of EU green ship recycling
Germany-based green ship recycling centre Leviathan will collaborate with local shipyard German Naval Yards on facilitating green and sustainable ship recycling.
Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative
Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.
Meriaura, partners to build green ammonia-powered cargo ship
Finnish shipping company Meriaura, engine maker Wärtsilä, and Green NortH2 Energy have signed a Letter of Intent for building a cargo vessel that runs on green ammonia. The vessel will be ordered and operated by Meriaura, and Green NortH2 Energy is responsible for supplying green ammonia fuel, which
EC approves up to €5.2 billion funding for second hydrogen IPCEI
The European Commission (EC) has approved IPCEI Hy2Use, the second Important Project of Common European Interest (IPCEI) in the hydrogen value chain. The project will receive up to €5.2 billion in public funding from thirteen member states. The project involves 29 companies and 35 projects from thir
First commercial-scale UMACK anchor hits seabed off Portugal ahead of wave device installation
CorPower Ocean, Maersk Supply Service and Dieseko have installed the first commercial-scale UMACK anchor to support the HiWave-5 wave energy demonstration project.
Construction of LNG terminal starts at Lubmin port in Germany
German company Deutsche ReGas has kicked off the construction of ‘Deutsche Ostsee’, a liquefied natural gas (LNG) terminal in Lubmin in the northeast of the country. According to the company, the construction began on 20 September as an ‘important milestone’ for the project. The industrial port will
European countries eye stronger energy security with Black Sea interconnector
A feasibility study has been initiated for a new electricity subsea interconnector project that will link the South Caucasus region to the synchronous grid of Continental Europe, with the purpose of strengthening energy security in Europe.
Höegh LNG cleared for merger with Höegh LNG Partners
Höegh LNG Holdings Ltd, an owner and operator of floating LNG terminals, floating storage and regasification units (FSRUs) and LNG carriers, has received green light for the proposed merger with Höegh LNG Partners. On 20 September, the common unitholders of Höegh LNG Partners voted and approved the
Shell books semi-sub rig for P&A ops on two North Sea fields
Oil major Shell has secured a semi-submersible rig for plug and abandonment operations on two of its fields located offshore Norway.