Business Developments & Projects

BV approves cargo/fuel tank compatible with both LNG and ammonia
French classification society Bureau Veritas (BV) has awarded approval in principle (AiP) to Gas and Heat (GH), an Italian designer of liquefied gas handling systems, for its flexible solution for the transport of LNG and ammonia. BV supported the company in demonstrating that IMO Type C cargo/fuel

Dutch company kicks off vertical axis tidal turbine trials in France
Netherlands-based company Hydrokinetic Power Generation Systems (HPG) has deployed its vertical axis tidal turbine at the SEENEOH test site in Bordeaux, France.

Another production outage at North Sea field
Repsol has been forced once again to temporarily shut down its Yme field located in the North Sea offshore Norway due to technical issues.

Freudenberg methanol-powered fuel cell system gets type approval
German battery technology company Freudenberg e-Power Systems has received type approval by Italian classification society RINA for the methanol-powered fuel cell system — the world’s first of its kind to become type approved.

In focus: Don’t let a good energy crisis go to waste
The volatility within the energy market has forced nations to look inward for solutions to this global issue and cut their reliance on energy imports or diversify their sources of supply. Looking longer-term, if this approach becomes a policy and not a one-off solution to a one-off problem, this kin

Scots start search for MeyGen tidal energy project investment advisor
Scottish government’s public bodies – Crown Estate Scotland and Scottish Enterprise – are looking to appoint consultants who would provide technical advice services for investments in the MeyGen tidal energy project.

Employment in clean energy sector on the rise, exceeding declines in fossil fuel jobs, says IEA
The International Energy Agency has outlined that employment in the energy sector is rising above pre-Covid levels, driven by clean energy.

Fincantieri, Viking confirm deal for hydrogen-powered cruise ships
Italian shipbuilder Fincantieri and Swiss cruise line Viking have put into effect the contracts for the third and fourth ships that are part of six options announced in March 2018.

Belgian and German ports forge green hydrogen alliance
Belgian Port of Antwerp-Bruges and German duisport have signed a long-term cooperation agreement in the areas of the energy transition, including hydrogen supply chain, hinterland connections and infrastructure. The development of solutions for the import, storage and distribution of green hydrogen

Activists block Russian gas from being unloaded in Sweden, calling on govt to ‘impose an immediate import stop’
Activists have blocked a gas tanker carrying Russian gas from offloading its cargo at an LNG terminal in Sweden.

Color Line boosts ships’ energy efficiency with Elomatic solution
Norway-based ferry operator Color Line has ordered the Elogrid solution from Finnish engineering and consulting company Elomatic for two of its passenger car ferries to improve their energy efficiency.

UK sets out plans to ramp up oil & gas production and unveils energy price freeze
To tackle the energy crisis, the UK has revealed a set of measures, which will be undertaken to boost domestic oil and gas production.

Northern Xplorer chooses shipyard for world’s 1st zero-emission cruise ship
Northern Xplorer, a recently established Norwegian cruise venture, and Portuguese shipbuilder West Sea have signed a letter of intent (LoI) for the construction of the company’s maiden vessel that will sail emissions-free.

Saipem and Worley join initiative for curbing methane footprint from oil & gas industry
Saipem and Worley have backed an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030.