Business Developments & Projects

Ports of Duisburg and Amsterdam to jointly develop hydrogen value chain
Dutch Port of Amsterdam and German duisport have signed a memorandum of understanding (MOU) to expand their cooperation and jointly develop the hydrogen value chain and their hinterland network. The MOU represents a new phase in the long-term partnership between the two ports that are directly conne

Shell adds high-impact gas prospect in North Sea to Maersk rig’s backlog
Shell has hired a Maersk Drilling-owned rig to drill a prospect in the North Sea, which is expected to provide the UK with more gas sources.

Dynamic Load Monitoring upgrades cable-laying hire fleet
UK’s Dynamic Load Monitoring (DLM) has expanded its cable-laying hire fleet for pre-lay grapnel run (PLGR) and route clearance operations as the renewable energy sector prepares for a busy period offshore. Recent additions include two acoustic release hooks and a de-trenching grapnel with a 1.8-mete

Gasunie kicks off construction of Dutch national H2 network
Dutch energy infrastructure firm Gasunie will develop the hydrogen network in the Netherlands in the coming years, after which it will assume the role of the transmission system operator (TSO).

HAV Group to acquire Høglund Marine Solutions
Norwegian technology provider HAV Group ASA has signed a letter of intent for the acquisition of Norwegian integrated automation and energy specialist Høglund Marine Solutions.

Havkraft inks deal to power fish farm using its wave energy device
Norwegian company Havkraft has signed an agreement for a project that will use its wave energy technology to provide clean power to a fish farm offshore Norway.

To wean off Russian fossil fuels with green hydrogen, Europe needs to ramp up renewables
To phase out Russian fossil fuels and speed up its energy transition, using green hydrogen, Europe will need to step up renewable deployment.

Valorous floating wind farm site hosts USV seabed-to-desk data collection demo
HydroSurv and Sonardyne have completed a demonstration project involving HydroSurv’s Uncrewed Surface Vessel (USV) and Sonardyne’s acoustic communications technology, whose combined capabilities the two companies showcased at the site of the Valorous floating wind project, developed by TotalEnergies

Aker BP taps Optime Subsea for remotely operated controls systems
Norwegian oil and gas company Aker BP has placed an order with Optime Subsea for two new, second-generation remotely operated controls systems (ROCS). The second-generation system will come with a new stand-alone communication system for greater rig flexibility and efficient operations, and both sys

Carnegie unveils wave energy product validation roadmap
Carnegie Clean Energy has released its new product validation roadmap for its primary CETO and MoorPower technologies, alongside additional products Wave Predictor and Mooring Tensioner.

Spanish company requests floating offshore wind concession in Italy
A Spain-based renewable energy developer has submitted an application for a 30-year maritime concession in the Ionian Sea, offshore Calabria in Italy, where the company wants to build a floating wind farm.

Air Products, Gunvor join forces on green hydrogen import terminal in Rotterdam
Air Products and Gunvor Petroleum Rotterdam (GPR), a subsidiary of Gunvor Group, have signed a joint development agreement for an import terminal in Rotterdam.

Grimaldi takes delivery of tenth eco-friendly RoRo
Italian shipping company Grimaldi Group has taken delivery of Eco Mediterranea, the tenth of twelve hybrid roll-on/roll-off (RoRo) ships belonging to the Grimaldi Green 5th Generation (GG5G) class. The vessel was delivered on 28 June by the Chinese Jinling shipyard in Nanjing. The Eco Mediterranea f

Norwegian seismic majors reveal plan to combine in $237 million deal
Norwegian seismic data company TGS has made an offer to buy compatriot Magseis Fairfield in a deal that values the seismic player at NOK 2.33 billion (approximately $237 million). The two companies entered into a transaction agreement whereby TGS, on and subject to certain terms and conditions, will