Business Developments & Projects
TGS goes to Central North Sea for reprocessing project
TGS has kicked off a new seismic reprocessing project in the Western Margins of the Central North Sea, said to be designed to secure exploration success. The project will see the reprocessing of 3,500 square kilometers of data in the Greater Catcher Area covering quads 21, 28, and 29 of the North Se
Green Marine Europe boasts fleet of 323 certified vessels and 13 shipowners
The number of participants in Green Marine Europe, the environmental certification program for maritime transport, has increased to 13 shipowners and 323 vessels, according to the program’s 2021 results. On 27 June, Green Marine Europe unveiled its 2021 results and the certified shipowners during th
Liquid Wind, Sundsvall Energy team up on electrofuel facility FlagshipTWO
Swedish eMethanol producer has signed an agreement with compatriot energy services provider Sundsvall Energi outlining the parties’ intentions for the development of a 100,000 t electrofuel facility.
ExxonMobil, Shell, CNOOC to explore CCS hub potential in China
ExxonMobil, Shell, CNOOC, and local authorities have agreed to evaluate the potential for a world-scale carbon capture and storage (CCS) project in the Chinese Guangdong Province.
Knud E. Hansen joins project to design world’s 1st wind-powered RoRo
Swedish ship management and ship design company Wallenius Marine and Danish naval architecture and design firm Knud E. Hansen have signed an agreement for the latter to join the project of designing the world’s first wind-powered roll-on/roll-off (RoRo) vessel.
Getting to Zero Coalition develops action plan for maritime decarbonisation
The Getting to Zero Coalition, an initiative for accelerating international shipping decarbonisation, has held its annual working session with the objective of turning the ambition of full decarbonisation by 2050 into a concrete and actionable plan. During the gathering, the participating coalition
U.S. and EU scaling up efforts to ensure energy security and curb emissions
The U. S. and the EU will intensify efforts to ensure energy security and reduce emissions while pursuing diversification of energy supplies.
Future maritime hydrogen hub in Glomfjord gets Enova funding
Glomfjord Hydrogen has been granted up to NOK 150 million (about $15.2 million) in funding from Enova as one of five maritime hydrogen hubs along the Norwegian coastline.
Equinor cleared to spin the drill bit in Norwegian Sea
Equinor has secured a permit from the country’s authorities for the drilling of a wildcat well, located in the Norwegian Sea.
2 GW Irish floating wind farm planned to power green hydrogen, ammonia production
The Killybegs Fishermen’s Organisation and Sinbad Marine Services have proposed a floating wind farm to be built more than 50 kilometres offshore Donegal, Ireland, and have signed a Memorandum of Understanding with Swedish floating wind developer and technology provider, Hexicon, to bring the projec
With energy security and high prices in mind, EU and Norway strengthen ties with new deal
The EU has strengthened its energy cooperation with Norway through a new deal, aiming to secure its energy independence from Russia.
Sener wins Gate LNG expansion contract
Spanish engineering and technology group Sener has won a contract to increase natural gas sendout capacity of the Gate LNG terminal in Rotterdam.
Debenture holders approve SIMEC Atlantis’ debt repayment extension
SIMEC Atlantis Energy has received approval for its request to amend the debenture deed with Abundance Investment, securing one year extension for the repayment.
XOCEAN completes surveys at 3 GW UK offshore wind sites
XOCEAN has completed surveys of the export cable routes at the Morgan and Mona offshore wind farms in the Irish Sea. The campaign collected more than 7,000 kilometers of high-quality data across the inter-array areas and export cable routes in water depths ranging from 0 to 35 meters. The activities