Business Developments & Projects
Wärtsilä signs long-term LNG carrier maintenance deal with NYK LNG
Wärtsilä has signed a 15-year guaranteed asset performance agreement with NYK LNG that covers the engines and equipment for an LNG carrier.
UK’s Centrica wraps up its sale of Spirit Energy Norway
Centrica has revealed that the sale of its Norwegian business and the Statfjord UK field has been completed for $1.1 billion.
Glomar Worker to back Rovco’s offshore wind tasks
Rovco has signed a charter party agreement with Glomar Offshore for the DP2 multipurpose support vessel Glomar Worker. The 60-meter long vessel will be put to work on Rovco’s subsea survey campaigns for “major” operational offshore wind farms in UK waters. Rovco will mobilize a dedicated team on the
ZeroNorth raises over $50M to accelerate decarbonisation in shipping
ZeroNorth has raised over $50 million in investment that will enable the company to look to further accelerate decarbonisation in shipping.
Iverson eFuels picks Technip Energies for green ammonia project
Joint venture Iverson eFuels has selected French engineering company Technip for the engineering design of a complete green ammonia plant in Norway.
Hurricane abandons another UK licence after ‘rigorous screening criteria’
Hurricane Energy has decided to give up another licence in the Greater Warwick Area on the UK Continental Shelf.
Offshore Energy Exhibition & Conference 2022: Registration is now live!
Register before the 24th of June and receive a 25% discount on your event ticket. From today, it is possible to register for the Offshore Energy Exhibition & Conference (OEEC) 2022. Europe’s leading exhibition and conference connects the entire offshore energy sector. The two-day event taking place
Operators gearing up to sanction two of the largest undeveloped discoveries in UK
Following the extensions of licences for two of the largest undeveloped discoveries off the UK, operators of these two projects are laying the groundwork for their final investment decisions.
Emissions verification company Verifavia has new owner
French carbon emissions verification company Verifavia has sold a majority stake to Normec, a Dutch testing, inspection and certification organisation.
UK start-up hits carbon emissions reduction with subsea circular economy project
Legasea has completed a subsea circular economy project, which saw the disassembly of ten decommissioned subsea production systems recovered from the Celtic Sea, that is said to have reduced the carbon emissions of subsea decommissioning operations. The Shore-to-Store service has reduced the carbon
Wärtsilä’s new tech centre to speed up marine and energy decarbonisation
The Finnish technology group Wärtsilä has opened its new technology centre to contribute to efforts to advance the global decarbonisation of maritime and energy sectors. The Sustainable Technology Hub is located in Vaasa, Finland, and it features a fuel laboratory, flexible technology and engine tes
DNV approves HAV Group’s hydrogen energy system for cruise ships
Classification society DNV has awarded the Norwegian technology provider HAV Group ASA preliminary approval for its hydrogen-based energy system for cruise ships.
Tullow Oil and Capricorn unveil merger plan to create new player with focus on Africa
Tullow Oil and Capricorn Energy have reached an agreement on the terms of a recommended all-share combination of Tullow and Capricorn.
EcoClipper, New Dawn Traders team up on sustainable cargo shipping
Dutch sustainable shipping company EcoClipper has entered into a formal partnership with the UK-based sustainable cargo broker New Dawn Traders to facilitate the process of finding and organising cargo.