Business Developments & Projects

DeepOcean extends charter of hybrid-powered Østensjø Rederi vessel
DeepOcean has signed a contract extension with Østensjø Rederi for the hybrid-powered construction vessel Edda Freya. Designed by Salt Ship Design and built by Kleven Verft in Ulsteinvik, Norway, Edda Freya is suited for cable laying operations, offshore construction, as well as advanced maintenance

Port of Kiel turns to Siemens for additional shore power plants
Port operating company Seehafen Kiel has contracted technology company Siemens AG for the construction of two additional shore power plants at Port of Kiel’s Ostuferhafen.

New deal doubles UK inspection specialist’s North Sea workload
Inspection Verification Bureau (IVB) has secured a verification deal with Wintershall Noordzee, doubling its work in the Southern North Sea.

UK imposes windfall tax on oil & gas producers
UK will introduce a windfall tax on oil and gas operators as the government is working to alleviate the cost-of-living crisis in the country.

Safety regulator launches probe into gas leak on North Sea platform
Norwegian safety regulator has opened an investigation into a gas leak incident on one of Equinor’s platforms in the North Sea off Norway.

Norway’s Equinor closes Russian chapter following handover to Rosneft
Equinor has checked all the required items on the list to exit its joint ventures in Russia as a result of the country’s attack on Ukraine.

Port of Tallinn and Port of Gdynia to cooperate on hydrogen
Estonia’s Port of Tallinn and Poland’s Port of Gdynia have signed a letter of intent on cooperation in the field of hydrogen management.

Geophysical survey about to begin at Moray West offshore wind project
Titan Surveys’ Titan Discovery is set to soon kick off nearshore geophysical site investigations at the Moray West offshore wind project in Scotland. The survey will be carried out along the project’s export cable corridor at the site located on the Smith Bank in the Outer Moray Firth, off the Caith

Energy transition acceleration did not derail oil & gas exploration in 2021, Westwood says
Westwood Global Energy reveals that oil & gas exploration remained resilient in 2021 undeterred by the accelerating energy transition.

IRENA: Francesco La Camera up for re-election as call for inclusive energy transition reverberates
High-level delegates from 100 countries have discussed International Renewable Energy Agency’s (IRENA’s) medium-term strategy and director-general’s re-election at 23rd council meeting.

WinGD rolls out on-engine emissions solution to simplify decarbonisation for ship operators
Swiss marine power company WinGD has introduced an on-engine version of its Intelligent Control by Exhaust Recycling (iCER) system as part of its commitment to making decarbonisation as simple as possible for ship operators.

Orbital Marine Power launches €4.7 million crowdfunding campaign
Scottish tidal energy company Orbital Marine Power has launched a £4 million (€4.7 million) crowdfunding campaign on Abundance Investment platform to take its business to the next stage.

Maran Gas extends LNG carriers maintenance deal with Wärtsilä
Maran Gas Maritime and Wärtsilä have signed a renewal of optimised maintenance agreement for 21 LNG carrier vessels.

Silk Alliance to set up green corridor cluster driven by fuel transition
Lloyd’s Register (LR) Maritime Decarbonisation Hub, a joint initiative between LR Group and Foundation, and partners have launched ‘The Silk Alliance’ to develop a green corridor cluster starting with intra-Asia container trade.