Business Developments & Projects

WinGD, HHI to jointly develop ammonia two-stroke engine
Swiss engine developer WinGD and Engine Machinery Division (EMD) of the South Korean shipbuilder Hyundai Heavy Industries (HHI) have decided to collaborate on delivering the first WinGD engine capable of running on ammonia.

First UK carbon storage licencing round opens for bids
The North Sea Transition Authority (NSTA) has launched the UK’s first-ever carbon storage licencing round, with 13 areas available for bids. The areas being offered for licensing are off the coast of Aberdeen, Teesside, Liverpool and Lincolnshire in the Southern North Sea, Central North Sea, Norther

Construction delays, vessel troubles hit Subsea 7’s books
Subsea 7 has updated its Adjusted EBITDA guidance for the full year 2022 following reduced progress on two offshore wind projects and vessel reshuffle at its subsidiary Seaway 7. Seaway 7 announced provisions against the results of project execution of offshore windfarm installations due to increase

Modus launches control room for hybrid autonomous underwater vehicles
UK-based subsea services company Modus has commissioned its control room in Darlington from which it can operate hybrid autonomous underwater vehicles (HAUVs). The control center, located at the company’s headquarters, is a result of a £24 million investment program. Modus has developed the applicat

EST-Floattech batteries picked for Hagland’s hybrid bulker
Dutch maritime energy storage solutions provider EST-Floattech has been contracted by system integrator Hoogendijk Electric to design and deliver the complete battery system for a hybrid bulk carrier ordered by Norwegian shipowner Hagland.

OKEA to carry out P&A ops in Norwegian Sea with COSL Drilling’s rig
Norwegian safety regulator has given OKEA its consent to use a COSL Drilling-owned rig for P&A ops at a field in the Norwegian Sea.

Heerema’s Sleipnir vessel removes topsides from UK waters in single lift
With the topsides removal, Heerema has completed another decom activity related to a platform being removed from the waters off the UK.

Artemis Technologies launches world’s 1st electric foiling workboats
UK-based Artemis Technologies, a spin-off from the Artemis Racing America’s Cup sailing team, has launched to market the world’s first commercially viable 100% electric, high-speed foiling workboat range.

EMEC chairman awarded OBE for services to Orkney’s environment and community
Andrew Mill, chairman of the European Marine Energy Centre (EMEC), a UK-based test facility for marine energy, has been recognised in the Queen’s Birthday Honours list and awarded an Officer of the Order of the British Empire (OBE). Andrew, who has served in his role as chair of EMEC since 2014, was

Diverse Marine to build Nauticus’ Hydronaut autonomous surface vessels
Diverse Marine has signed an agreement with Nauticus Robotics to construct the initial production run of the autonomous surface vessel (ASV) Hydronaut for the Nauticus Fleet, a robotic navy with 20 Hydronaut vessels. The announcement follows 18 months of close collaboration between the two companies

Shell plans to invest millions to ‘help 15,000 people get skilled jobs’ in UK
Shell plans to increase its share of supply of oil and gas to the UK and invest £100 million by 2030 to help 15,000 people get skilled jobs.

TECO 2030, partners launch hydrogen tanker concept
Norwegian cleantech company TECO 2030 has introduced a hydrogen-powered tanker concept, Hy-Ekotank, together with its partners Ektank AB, Shell Shipping and Maritime, and DNV.

Strohm, Evonik ink MoU to bring TCP carbon fibre to green hydrogen market
Strohm and Evonik have signed a memorandum of understanding (MoU) to develop and qualify the use of their respective thermoplastic composite pipe (TCP) technology and unidirectional Carbon Fibre PA12 tape for energy transition applications. As part of the collaboration, the companies will work on a

Awilco LNG enters into three-year charter deal
Norwegian LNG transportation company Awilco LNG has entered a new time charter contract for a firm duration of three years with a European LNG importer.