Business Developments & Projects

Fluxys and Equinor to develop major CCS project in North-Western Europe
Belgian LNG terminal operator Fluxys and Norwegian energy giant Equinor have agreed to develop a major carbon capture and storage (CCS) infrastructure project connecting Belgium to Norway.

AtoB@C Shipping expands electric hybrid vessel order
AtoB@C Shipping AB, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has ordered an additional electric hybrid vessel from Chowgule and Company Private Limited shipyard in India. To remind, AtoB@C Shipping previously ordered six identical electric hybrid vessels from the Indian s

Norsk Solar CFO to start work in same role at Eidesvik
Eidesvik Offshore has appointed a new Chief Financial Officer (CFO), who is expected to join the company within the next few months.

Reducing carbon footprint of coastal engineering
A new white paper from Wetlands International, released on June 21, 2022, reveals the critical need to restore wetlands – with urgency and at scale. The report, developed in cooperation with Witteveen+Bos and Deltares, outlines a simplified methodology for quantifying the ecosystem-based carbon foot

Titan delivers LNG to Vox Ariane dredger
Dutch fuel supplier to the marine industry Titan has delivered around 350 tonnes of LNG to the LNG-fuelled dredging vessel Vox Ariane.

Dutch regulator: Shell and TotalEnergies can collaborate on CO2 storage
The Netherlands Authority for Consumers and Markets (ACM) has given approval to competitors Shell and TotalEnergies to collaborate on CO2 storage in empty natural-gas fields in the North Sea. Shell and TotalEnergies plan to store CO2 on a large scale as part of the Aramis project, collaborating with

Study: Running ships on green fuels has minimal impact on consumer goods prices
Running ships entirely on green hydrogen-based fuels (e-fuels) would add less than €0.10 to the price of a pair of trainers and up to €8 for a refrigerator, a new study on the cost of decarbonising European shipping shows.

Scana subsidiary scores frame agreement extension with Odfjell
Scana-owned PSW Technology has signed a one-year extension of the frame agreement with Odfjell Drilling for the provision of maintenance and recertification of marine riser and subsea equipment for all of Odfjell’s drilling units. The agreement includes inspection, maintenance, and repair (IMR) of m

CMA CGM, Shell join forces for LNG supply, maritime decarbonisation
French shipping giant CMA CGM Group and oil and gas company Shell have entered into agreements to work together towards accelerating the decarbonisation of the marine sector. Specifically, the partners have signed include a multi-year deal for the supply of liquefied natural gas (LNG) to CMA CGM’s 1

Stamp of approval for ConocoPhillips to drill North Sea wildcat
ConocoPhillips has secured a drilling permit from the country’s authorities for a wildcat well located in the North Sea offshore Norway.

Ithaca awards North Sea deal to Centurion
Delek’s Ithaca Energy has awarded a long-term deal, covering its North Sea assets, to Centurion Group’s UK brand ATR Lifting Solutions.

Consortium forms to deliver multi-purpose ocean station powered by renewable energy
The consortium behind the FLOating RAdar (FLORA) project has held the kick-off meeting to formalize the start of a scheme that will develop and demonstrate an industrial-scale prototype of a multi-purpose ocean station with renewable energy generation and operational oceanography capabilities: the F

European Energy to deliver green hydrogen for vessels in Port Esbjerg
Danish renewables developer European Energy has signed a contract with Port Esbjerg to deliver green hydrogen which will be used in a fuel cell to generate fossil-free power for vessels in the port. Under the contract, European Energy will start delivering green hydrogen to Port Esbjerg from the fir

ExxonMobil’s Slagen terminal considered for hydrogen and ammonia production
ExxonMobil, Grieg Edge, North Ammonia, and GreenH have signed a memorandum of understanding to study potential production and distribution of green hydrogen and ammonia as marine fuels at ExxonMobil’s Slagen terminal in Norway.