Business Developments & Projects

New Irish research vessel sports Sonardyne technology
Sonardyne has supplied its Ranger 2 acoustic tracking technology to Ireland’s new multi-purpose marine research vessel (RV) Tom Crean. Delivered in July, Tom Crean provides up to 3,000 scientist days per year for seabed mapping, deep water surveys, oceanographic and environmental research and fisher

DSME and DNV team up to develop wind-assisted propulsion tech
South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) and classification society DNV have signed a memorandum of understanding (MoU) to develop wind assistance propulsion technology. The two parties signed the MoU during this year’s Gastech, a global gas, LNG, hydrogen, and

With UK’s new PM prioritising energy security, OEUK sees opportunity to speed up low-carbon transition
As the UK gets its new PM, OEUK believes this is an opportunity to accelerate energy transition with domestic oil & gas investments.

Alfa Laval approved for testing with ammonia
Swedish sustainable solutions provider Alfa Laval has received approval for testing with ammonia at its Test & Training Centre.

Gate terminal launches LNG open season
Dutch Gate terminal, a joint venture of Vopak and Gasunie, has launched an open season to gauge market interest in an additional capacity of four billion cubic metres (bcm) per year.

Chariot and Total Eren to work on green hydrogen project in Mauritania
Africa-focused energy company Chariot and Paris-based Total Eren will launch feasibility studies to co-develop the Nour Project, a large scale green hydrogen project in Mauritania.

Magseis Fairfield concludes CCS monitoring pilot project in North Sea
Magseis Renewables, a wholly-owned subsidiary of Magseis Fairfield, has completed a high-resolution 3D seismic data acquisition offshore Norway over a carbon storage (CCS) area. For this project, the company utilised its extended high-resolution (XHR) acquisition technology combined with ocean botto

Final LiftWEC wave energy concept moves forward to tank trials
The partners in the EU-funded €3.4 million LiftWEC project have selected the final concept for a wave energy device, based on hydrodynamic lift forces, that will be put through its paces at the wave tank in Ecole Centrale de Nantes.

Woodside inks deal with Uniper to supply LNG to Europe
Singapore-based unit of Australian energy major Woodside has entered into a flexible long-term sale and purchase agreement (SPA) with Germany’s energy company Uniper for Woodside to supply LNG from its global portfolio into Europe.

CMA CGM creates $1.5 billion fund to speed up shipping decarbonisation
French shipping major CMA CGM has decided to create a Special Fund for Energies, backed by a five-year $1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050. The fund will invest to support the industrial production of new fuels and low-emission mobility soluti

ADNOC sends first low-carbon ammonia cargo to Germany
Abu Dhabi National Oil Company (ADNOC) has sent out the first shipment of low-carbon ammonia from the United Arab Emirates to Hamburg, Germany.

Ashtead buys subsea dredging solutions provider
Ashtead Technology is expanding its mechanical solutions service offering with the acquisition of WeSubsea, a provider of subsea dredging technology solutions. The transaction is expected to close during the fourth quarter of the year and will be Ashtead’s sixth acquisition in the past five years. A

EST-Floattech Green Orca battery for SFK’s all-electric ferry
Dutch marine battery system supplier EST-Floattech has delivered 1,092kWh of battery capacity for the new all-electric ferry Wellingdorf built for Germany’s Schlepp- und Fährgesellschaft Kiel (SFK).

Tidal stream and FLOW at the forefront of near-term economic opportunity for Wales, report finds
Marine Energy Wales has released its annual ‘State of the Sector Report’ which dives into the opportunities and economic benefits of the developing marine energy sector in Wales.