Business Developments & Projects

Neste looks into renewable and circular solutions and green hydrogen for Porvoo refinery
Finnish oil refining and marketing company Neste has launched a strategic study on transitioning its refinery in Porvoo to non-crude oil refining and renewable and circular solutions site in addition to looking into opportunities for green hydrogen at the refinery. The company’s aim is to significan

Dutch company to help rid He Dreiht offshore wind farm of UXO
German offshore wind developer EnBW has contracted the Netherlands-based UXO consultancy company NjordIC for explosive ordnance disposal (EOD) expert services for the He Dreiht offshore wind farm project in Germany. The company will provide EOD expertise and UXO consultancy during the upcoming UXO s

Contractor picked to recycle Tyra jackets over coming weeks
Modern American Recycling Services Europe (M.A.R.S.) has been tasked with the recycling of two jackets for the Tyra redevelopment project.

Ocean Sun appoints new chief operating officer
Norwegian floating solar company Ocean Sun has named Ivar Blekastad as its new chief operating officer (COO).

GTT takes minority stake in Norwegian startup
French LNG containment specialist GTT has taken a minority stake in the Norwegian technology start-up Tunable, specialised in multi-gas and emissions analyser.

Marine surveys full steam ahead at second Malta-Italy link
Fugro has completed the geophysical analysis of the proposed seabed route of the second Malta-Italy interconnector. The activities, completed last week, took place between Baħar iċ-Ċagħaq, Malta, and Ragusa, Sicily, and were executed on board the 60-meter survey vessel Urbano Monti. This preliminary

Holland America Line completes cruise industry’s 1st long-term biofuel test
Holland America Line has completed the cruise industry’s first multiweek test of biofuels on board Volendam at the Port of Rotterdam.

Two contrasting scenarios depict challenges to net-zero by 2050 amid energy crisis
A new report outlines challenges for the long-term energy transition outlook as the global energy crisis unfolds.

MAN clears path for methanol uptake with new engine approval
German engine manufacturer MAN Energy Solutions (MAN ES) is pushing forward with the development of methanol-ready engines for the maritime industry to meet the growing demand for methanol as one of the marine fuels of the future. The company has secured type approval certificate for its four-stroke

Liquid Wind and Ørsted get green light to build 1st large-scale electrofuel facility
FlagshipONE, the Swedish green fuels project jointly owned by power-to-fuel developer Liquid Wind and offshore wind developer Ørsted, has obtained the environmental permit for building the first large-scale green electrofuel facility for the marine industry. The Land and Environment Court in Umeå gr

New cost estimate and timing for first oil from North Sea project
Vår Energi has run into delays for the first oil from a project in the North Sea off Norway and changed its cost estimate for this project.

‘A game changer for Europe’: EC reveals plan for €3 billion hydrogen bank
In a move to tackle the energy crisis and climate change, President of the European Commission (EC) Ursula von Der Leyen has announced the creation of a new European Hydrogen Bank aimed at bridging the investment gap and connecting future supply and demand. The announcement was made during von der L

Surveys starting at Celtic Sea floating wind demo projects
Geophysical and environmental surveys will commence next week at two 100 MW floating offshore wind demonstration projects that will be built off the coast of southwest Wales in the Celtic Sea.

CorPower Ocean’s PTO system for C4 wave energy device arrives to Portugal
CorPower Ocean has transported the power take-off (PTO) system for its novel C4 wave energy converter to Portugal, ahead of final integration and ocean deployment.