Business Developments & Projects
Belgian TSO takes up autonomous surface vehicle inspection (Video)
Belgian transmission system operator (TSO) Elia has for the first time used an autonomous, unmanned surface vehicle (USV) to survey its offshore assets. The USV named Tupan, owned and developed by Brazilian start-up Tidewise, inspected Elia’s subsea cables to the Modular Offshore Grid (MOG) in the B
PowerCell megawatt fuel cell system for world’s 1st hydrogen-electric towboat
Swedish electrical power solutions provider PowerCell has received a multi-megawatt fuel cell system order from U.S.-based finance broker Maritime Partners LLC.
Fincantieri cuts steel for TUI Cruises’ 1st LNG-powered cruise ship
Italian shipbuilding company Fincantieri has held a steel cutting ceremony for the first of two new liquefied natural gas (LNG)-powered cruise ships for TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises.
Oil output on the decline as Norway records slightly higher gas production in May
Norway saw a small increase in gas production while its oil output dropped below NPD’s predications for the third month in a row.
Danish govt to hold co-ownership in future CO2 storage licenses under new political deal
The Danish government has signed a new political agreement with eight parties which implies that it will have a 20% co-ownership in future carbon storage licenses in the North Sea. Danish parties Venstre, Socialistisk Folkeparti, Radikale Venstre, Enhedslisten, Det Konservative Folkeparti, Dansk Fol
ESL Shipping receives $21M for electric hybrid vessels
Finnish shipping company ESL Shipping, part of Aspo, has signed a €20 million ($21 million) loan agreement with Nordic Investment Bank (NIB).
Baltic Pipe: Key onshore section ready for start-up
GAZ-SYSTEM has completed the technical acceptance of the Goleniów – Ciecierzyce gas pipeline, another onshore section of the Baltic Pipe, 30 days before the planned date.
INEOS signs 1.4 mtpa LNG deal with Sempra Infrastructure
London-based energy player INEOS has signed a deal with U.S. LNG company Sempra Infrastructure for the potential supply of 1.4 million tonnes per annum (mtpa) of LNG for 20 years.
GAC Norway onboard hydrogen energy research project
Shipping and logistics company GAC Norway, part of GAC Group, has joined Norwegian hydrogen energy project HyValue, as part of its commitment to sustainability and accelerating decarbonisation across the wider maritime industry.
ABB gets in on Norway’s Northern Lights project
Technology group ABB has secured a contract with Aker Solutions to deliver the main electrical, automation and safety systems for the Northern Lights project, the transport and storage component of Norway’s Longship project for establishing full-scale CO2 capture, transport and storage facilities. N
Steelmaking giant enters offshore wind, green hydrogen industries
German energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.
Modus charters Vroon vessel for pipeline inspection work
UK-based subsea services company Modus has chartered the multi-purpose offshore support vessel VOS Sweet from Vroon Offshore Services. The vessel has been chartered to execute a contract for pipeline inspection work in the Dutch North Sea and will be mobilized from the Modus Middlesbrough Marine Bas
Navigare Capital Partners inks green tech deal with NJORD
Navigare Capital Partners has hired NJORD to design and install fuel-saving technologies on four Navigare-owned vessels.
Shell hands out new deal to Bureau Veritas for offshore and onshore assets in UK
Shell has awarded a long-term deal, covering 26 offshore installations and three onshore gas plants in the UK, to Bureau Veritas (BV).