Business Developments & Projects

Op-ed: Why tidal power matters
Danny Coles, Research Fellow at the University of Plymouth, discusses the importance of tidal energy for the future energy systems and how its predictable nature can compliment other renewable energy sources in the energy mix.

Geophysical studies wanted for French offshore wind cable routes
France’s transmission system operator (TSO) Réseau de Transport d’Electricité (RTE) has issued a tender seeking a contractor to carry out offshore geophysical studies on submarine cable routes of offshore wind farms. RTE is looking to conduct geophysical surveys along the submarine cables, approxima

Berge Bulk ship duo to receive Anemoi rotor sails
Singapore-based dry bulk vessel owner Berge Bulk has signed agreements with the UK-based wind-assisted propulsion provider Anemoi Marine Technologies to supply and fit two bulkers with rotor sails.

Shell to buy 2.6 mtpa of LNG from Mexico Pacific
Shell and Mexico Pacific have signed a sales and purchase agreement for Shell to offtake 2.6 mtpa of LNG from the first two trains of Mexico Pacific’s LNG export facility.

Nova Innovation hires environmental crew for ‘The Island in the Currents’
Nova Innovation has hired a UK-based engineering and environmental consultancy RSK Group to lead the Environmental Impact Assessment (EIA) work for its Enlli tidal project in North Wales.

Hugin AUVs bring over €43 million to Kongsberg
Kongsberg Maritime has secured more than NOK 450 million (around €43.7 million) in new contracts for its Hugin autonomous underwater vehicles (AUV). The Q2 2022 order income consists of a mix of recurring business with existing customers and new customers that will use the Hugin platform in their op

UK regulator to ring in the new year with new boss after current one steps down
UK’s NSTA has appointed a new Chief Executive, which will replace its current one, who is due to leave at the end of the year.

Gas leak forces key Norwegian hub into shutdown
A gas leak in a contained area related to a turbine on the Equinor-operated Sleipner A platform in Norway was reported on 11 July.

Everfuel and Crossbridge sign hydrogen supply deal for HySynergy
Everfuel and Crossbridge Energy have signed a long-term deal for hydrogen supply from the first stage of Everfuel’s HySynergy facility.

Unifeeder, X-Press Feeders choose ZeroNorth’s optimisation services to achieve net zero
Danish technology company ZeroNorth, a digital spin-off of Maersk Tankers, has formed partnerships with compatriot shortsea operator Unifeeder and Singapore-based independent common container carrier X-Press Feeders as part of their commitment to net zero. Specifically, ZeroNorth has signed a three-

Neptune Energy extends collaboration with TechnipFMC
Oil and gas company Neptune Energy has awarded TechnipFMC with a new contract for the delivery of technical services in Norway. The Technical Service Agreement (TSA) builds on an existing contract that is said to have been optimised to fit Neptune’s future requirements. TechnipFMC will continue prov

Two UK oil & gas players pondering merger
Kistos is contemplating making a possible cash and share offer for Serica Energy to create a “leading independent North Sea champion.”

Ashurst, GCMD to jointly boost shipping’s decarbonisation agenda
Singapore-based Global Centre for Maritime Decarbonisation (GCMD) and England-based law firm Ashurst have formalised their partnership by signing a coalition partnership agreement, committing to a long-term collaboration to accelerate the maritime industry’s decarbonisation efforts.

Lhyfe installs green hydrogen production solution on Geps Techno’s floating platform
French green hydrogen technology developer Lhyfe has started working on the installation of an electrolyser on Geps Techno’s hybrid renewable energy platform, which will produce green hydrogen from marine renewable energy sources.