Business Developments & Projects

UAE’s ADNOC and TotalEnergies strengthen ties to ensure energy security
TotalEnergies and ADNOC have expanded their strategic alliance to explore opportunities in energy security, gas growth, and decarbonisation.

Tocardo appoints new chief technical officer to lead development of enhanced tidal turbine tech
Dutch company Tocardo has appointed Matt Reed as its new chief technical officer who will take the lead on the development of an upgraded version of T-2 tidal energy turbine.

UK-based firm records ‘largest ever realised’ crude oil lifting
Panoro Energy has completed a crude oil lifting described as the largest one to date, garnering over $80 million from a single oil cargo.

UK tidal energy experts call for more support from government
One of the leading tidal energy experts in UK, Jeremy Smith from the Scottish company QED Naval, has urged the UK government to give the tidal sector dramatically more financial support in order to improve the resilience of the country’s clean energy systems.

Saipem rig wraps up drilling ops on Norwegian North Sea field ahead of first oil
Wintershall Dea has finished the drilling campaign at a field in the Norwegian North Sea with Saipem’s Scarabeo 8 semi-submersible rig.

RWE and SolarDuck partner up to commercialize offshore floating solar. Plans laid for integration with offshore wind
RWE, one of the world’s leading companies for renewable energy, and Dutch-Norwegian company SolarDuck have signed a collaboration agreement to develop the use of floating solar parks at sea, while also outlining plans for integration of such power plants with offshore wind farms.

Video: Methanol has immediate benefits to support shipping’s green transition
A new video has been released by Methanol Institute (MI) and Fastwater, highlighting the benefits of methanol as a marine fuel for small craft operating in ports and inshore waters.

New contract for Subsea Viking
Eidesvik Offshore has secured a five-year contract with Van Oord for the offshore support vessel Subsea Viking. The 103-meter long vessel will be deployed at Van Oord’s projects as a trenching support vessel and will be the main platform for the company’s trencher Dig-It. The contract will commence

Salzgitter to work on Brunsbüttel LNG terminal
Mannesmann Grossrohr, a unit of German steel producer Salzgitter, will supply the pipes for the link to the Brunsbüttel LNG terminal.

Excelerate Energy and Overgas sign Vlora LNG deal
U.S.-based LNG specialist Excelerate Energy and Bulgarian natural gas firm Overgas signed a deal on Excelerate’s planned Vlora LNG terminal in Albania.

Expleo rolls out e-methanol fuel solution for ships
Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop e-methanol fuel solution for shipping that is said to deliver a 92% reduction in greenhouse gas (GHG) emissions and OPEX savings of £1.4 million (around $1.6 million) a year, per vessel. The compan

Elogen picked for European Commission’s Hydrogen IPCEI
French tech company for PEM electrolysis Elogen said that its project has been selected by the European Commission as part of the Hydrogen IPCEI (Important Project of Common European Interest).

Gasunie picks N-Sea for BBL pipeline survey
N-Sea Offshore has won a contract with Gasunie to deliver offshore acoustic survey services for the BBL subsea pipeline between the Netherlands and the UK. N-Sea will carry out an acoustic survey of approximately 230 kilometers of offshore pipeline in the Southern North Sea, between Balgzand in the

Ocean Yield opts for another methanol-ready boxship
Norwegian shipowning company Ocean Yield AS is buying another methanol-ready boxship newbuilding for long-term charter.