Business Developments & Projects
Hyundai Samho picks GTT tank design for four LNG-fuelled containerships
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the cryogenic fuel tanks for four new LNG-fuelled container vessels from French LNG containme
Echandia, Toshiba team up on fuel-cell tech to accelerate electrification of maritime sector
Swedish developer of energy solutions for maritime electrification Echandia has entered into an agreement with Japanese tech company Toshiba to work on the development of fuel-cell technology combined with batteries to accelerate the electrification of the maritime sector.
Equinor to become first operator to deploy drones for offshore logistics ops
Nordic Unmanned has revealed that Equinor will be the first operator to carry out offshore logistics operations using drones.
Are major UK oil projects at risk after windfall tax?
Operators of two major oil projects located off the UK are laying the groundwork to sanction them next year. This comes at a time when the UK government has imposed the windfall tax on oil and gas profits so the question arises as to the effects of this new tax on these projects.
Ports of Rotterdam, Baie-Comeau to collaborate on port development
The Port of Rotterdam in the Netherlands and the Port of Baie Comeau in Canada have agreed to jointly explore the potential for future growth and development of the Port of Baie-Comeau.
New management team to lead Vår Energi after business areas re-shape
Vår Energi has unveiled a new organisational structure and management team changes to take full advantage of future growth opportunities.
Ithaca hires UK decom specialist to carry out P&A ops in North Sea
Delek’s Ithaca Energy has picked Well-Safe Solutions to undertake well decommissioning operations in the North Sea.
New tool to boost infrastructure repurposing for energy transition projects
North Sea Transition Authority (NSTA) has developed a new screening tool to help maximise the repurposing of oil and gas infrastructure for energy transition projects. It is believed that repurposing can make a huge contribution to the UK’s drive to net-zero, potentially generating multibillion-poun
Cargill opens waste-based biodiesel plant in North Sea Port
American food corporation Cargill has opened its first biodiesel plant that converts waste oils and fats into renewable fuel at the company’s Ghent facility in North Sea Port.
Hydrogen East to develop clean hydrogen cluster in East England
Hydrogen East, a new body that brings together stakeholders on hydrogen specifically in the East of England, proposes six core electrolyser sites across Norfolk and Suffolk.
Minesto optimises Dragon 4 tidal energy kite power output
The commissioning program of the first Dragon 4 unit launched in Vestmannasund, Faroe Islands in May, is progressing according to plan and the flight configurations are being finetuned sequentially to optimise the power output, Swedish marine energy company Minesto has informed. According to the com
Von der Leyen: EuroAsia Interconnector to help free EU from energy dependence
The EuroAsia Interconnector electricity link, connecting Israel, Cyprus and Greece, will help reduce the European Union’s energy dependence on Russia, according to European Commission president Ursula von der Leyen. During a recent Honorary Doctorate degree ceremony at the Ben Gurion University of t
Wärtsilä to power Stena’s new hybrid RoPaxes
Finnish technology group Wärtsilä will supply its hybrid propulsion system for three new roll-on/roll-off passenger (RoPax) vessels being built for Swedish ferry company Stena RoRo.
Mitsubishi Corporation picks BAR Tech’s wind propulsion system for its bulker
Japanese trading company Mitsubishi Corporation has revealed that its bulk carrier will undergo installation and deployment of BAR Technologies’ (BAR Tech) wind propulsion system WindWings, delivered by industrialization partner Yara Marine Technologies.