Business Developments & Projects
Smart Green Shipping wins funding for its wing sail tech
UK maritime tech firm Smart Green Shipping (SGS) has received a £5 million ($6 million) investment to develop and test fully automated, emission-reduction wing sail technology that can be retrofitted to merchant ships.
Port of Amsterdam: H2Ships project proceeds with hydrogen ship construction
Dutch shipbuilding company Next Generation Shipyards has been selected to construct a pilot ship for the H2Ships project which aims to develop an infrastructure for shipping using hydrogen propulsion. As disclosed, the shipyard was awarded the contract to build Neo Orbis, the hydrogen ship of the Po
Life extension granted for North Sea field
Norway’s offshore safety regulator has granted Aker BP consent for life extension for a field located in the North Sea off Norway.
Iberdrola and BP partner up on green hydrogen production
Spanish clean energy company Iberdrola and UK-based oil and gas major BP plan to form a joint venture for large-scale green hydrogen production in Spain, Portugal, and the UK as well as production of green ammonia, and methanol.
Marine license application submitted for Scotland to England subsea link
Scottish Hydro Electric Transmission (SHE Transmission) and National Grid Energy Transmission (NGET) have applied for marine licenses for the Eastern Green Link 2 subsea HVDC project. SHE Transmission applied to the Scottish Government for marine licenses in respect of Eastern Green Link 2 HVDC cabl
WATCH: Jack & skid ops for next phase of BP’s Azeri project
BP has achieved what it says is a major milestone on the Azeri Central East (ACE) project in Azerbaijan.
MAN signs service contract for LNG-fuelled dredger
MAN PrimeServ, part of German engine manufacturer MAN Energy Solutions, has signed a long-term service agreement with GIE Dragages-Ports for Samuel de Champlain LNG-fuelled dredger.
Aquaterra gets subsea riser order from Azerbaijan
Aquaterra Energy has won a high-pressure high temperature (HPHT) subsea riser contract with oil and gas operator Umid Babek Operating Company (UBOC) for the exploration of its HP well on the Babek project in Azerbaijan. Aquaterra Energy will deliver its 15,000 psi subsea riser system, using the AQC-
Rolls-Royce rolling out new mtu marine solutions on the road to net zero
London-based technology company Rolls-Royce is gearing up to present the new mtu marine solutions for propulsion, automation and service as part of its ‘Net Zero at Power Systems’ sustainability program. The mtu marine solutions, including diesel engines with exhaust gas treatment and gas engines an
Huge profits for Shell due to high oil and gas prices
Shell achieved record profits in the second quarter of the year on the back of higher oil and gas prices and refining margins.
Spar Shipping bulker completes trial voyage powered by GoodFuels’ sustainable biofuel
Dutch marine biofuels supplier GoodFuels, in collaboration with Norwegian dry-bulk tonnage provider Spar Shipping and Hong-Kong Based ship management firm Fleet Management Limited, has completed a 10-day trial of 100% sustainable marine biofuel on board bulk carrier Spar Lynx. For this trial, Spar S
James Fisher and NMDC form global partnership
James Fisher and Sons (James Fisher) and Abu Dhabi-based National Marine Dredging Company (NMDC) Group have signed a Memorandum of Understanding (MoU) to collaborate on key projects and opportunities in the oil and gas sector as well as decommissioning, offshore wind, and marine civil construction i
Extension of UK’s National HVDC Centre officially opens
The extension of SSEN Transmission’s simulation, testing and training centre for high-voltage direct current (HVDC) systems in Cumbernauld has officially opened. Established in 2017, the National HVDC Centre is the first facility of its kind in the UK and uses innovative technology to test the use o
ENCORE releases courses to speed up innovation in marine energy
The ENCORE project and its partners have released a number of e-learning courses, designed to train and prepare talent to further advance the marine energy industry.