Business Developments & Projects
Neptune Maritime becomes member of UN Global Compact
Jersey-based maritime leasing platform Neptune Maritime Leasing Limited has joined the United Nations Global Compact, the largest corporate sustainable development initiative in the world, a voluntary leadership platform for the development, implementation and disclosure of responsible business prac
Germany to connect to Danish Bornholm Energy Island via subsea link
Denmark will increase the planned offshore wind capacity at the Bornholm Energy Island from 2 GW to 3 GW and enable the transfer of electricity to the German grid, with two political agreements now in place to make that happen. The Danish Government started exploring the possibility to raise the off
Fugro to survey site for Norway’s first large-scale offshore wind farm
Fugro has secured a marine site characterization contract by the Norwegian Petroleum Directorate (NPD) for the Sørlige Nordsjø II project, set to become the first large-scale offshore wind farm in Norway. The work scope will include mapping the seafloor and sub-seafloor to expand understanding of th
Northern Lights and Yara sign first cross-border CO2 transport and storage deal in ‘major milestone’ for decarbonising Europe
Northern Lights, a joint venture between Equinor, Shell and TotalEnergies, and Norwegian chemical company Yara have signed what is said to be the world’s first commercial agreement on cross-border CO2 storage and transport, marking a ‘major milestone’ for decarbonising Europe. Northern Lights and Ya
No luck for Aker BP after completing Norwegian Sea well
Aker BP has completed has concluded the drilling of a wildcat well in the Norwegian Sea but failed to find hydrocarbons.
In focus: The X factor of Power-to-X
While the world is working toward having as much renewable energy as possible, green fuels and energy storage could be what saves the day, at least for energy-intensive industries. News on hydrogen and ammonia projects, and renewable energy developments with Power-to-X components this week certainly
Prysmian’s 525 kV HVDC cable system passes test
Prysmian Group has developed and tested its first 525 kV extruded submarine full cable system for High Voltage Direct Current (HVDC) applications. The company said that this innovation in cable technology will enable a massive increase of the maximum transmission capacity of bi-pole systems up to mo
Survey services wanted for Viking Link
Danish transmission system operator (TSO) Energinet has issued a tender seeking a provider of an after installation survey along the Viking Link cable between Denmark and the UK. The main purpose of the survey is to confirm the vertical and horizontal position of the cable location. The survey activ
TEPCO Power Grid gets in on NeuConnect project
TEPCO Power Grid is set to participate in the NeuConnect project – the first UK-Germany subsea interconnector – as it has entered into a share purchase agreement with the shareholders of FI1 Limited, a minority shareholder in the project. TEPCO Power Grid signed the agreement with the shareholders v
Excelerate Energy’s FSRU Exemplar heads out to serve Finland
U.S.-based LNG company Excelerate Energy’s floating storage and regasification unit FSRU Exemplar has departed Argentina and is on its way to serve
Lithuania preliminarily confirms seabed suitability for offshore wind farm construction
Initial surveys of the area that the Lithuanian Government designated for the country’s first offshore wind farm have shown that the seabed there is suitable for the development of this type of project. Geophysical and geotechnical investigations of the seabed are being carried out by Geobaltic an
Bilfinger supporting construction of Bio-LNG plant REEFUEL
German engineering firm Bilfinger is supporting sustainable energy company REEFUELERY with the construction of a bio-LNG plant to help move the energy tran
Marine surveys begin at second Malta-Italy interconnector
InterConnect Malta (ICM) has commenced offshore works of the preliminary marine route survey (PMRS) for the second Malta-Italy interconnector. Fugro is in charge of delivering the work using the 60-meter vessel Urbano Monti, which sailed out of the Grand Harbour on 25 August to start surveying the 6
WATCH: McDermott prepares Tyra module for journey to North Sea
McDermott has completed the load out of the TEG gas processing module for the TotalEnergies-operated Tyra field.