Business Developments & Projects

Provaris, Northern Marine launch technical partnership for GH2 carrier development
Provaris Energy, an Australian developer of integrated compressed hydrogen projects, has signed a memorandum of understanding (MOU) with UK-based ship management company Northern Marine Management Limited, a member of the Stena AB group of companies.

Sempra Infrastructure and RWE ink U.S. LNG supply deal
Sempra Infrastructure and German utility RWE have signed a deal for the purchase of 2.25 million tonnes per annum (MTPA) of LNG.

European offshore wind operator hires TSC Subsea
NDT inspections specialist TSC Subsea has won a contract with an offshore wind operator in Europe to deliver a subsea diverless weld inspection campaign. TSC Subsea stated that the contract has been signed with a “leading” European offshore wind operator for work off the coast of Germany. The underw

Heerema CEO heading out after almost 10 years with company
CEO of Heerema Fabrication Group and Heerema Marine Contractors has announced his departure from the role at the end of this month.

UK regulator’s report signals bright outlook for supply chain with $6.3 bln of work in the pipeline
The UK regulator has revealed a report, which highlights a positive outlook for the supply chain with around $6.3 bln of work in the works.

EU sets up new task force as tool for getting rid of Russian fossil fuels
The EC has established a new task force to support and implement the REPowerEU goal of energy supply diversification.

Windship Technology: Triple-wing rig can unlock EEXI reduction benefits
Three-wing rigs for ships can successfully tackle the problem of Energy Efficiency eXisting ship Index (EEXI) and Engine Power Limitation (EPL), extending the life of current and newbuild vessels, research conducted by London-based auxiliary power system company Windship Technology found.

Survey to begin at largest Irish offshore wind farm in June
A geotechnical survey will begin at the Codling offshore wind farm in Ireland at the beginning of June as part of the consenting process for the project. Operations are expected to commence on 6 June at the earliest and are likely to finish on 4 July, weather permitting. The works will consist of a

SIMEC Atlantis requests one year extension to repay tidal power debts
Edinburgh-based tidal energy developer SIMEC Atlantis Energy has issued a request to amend the debenture deed with Abundance Investment, seeking one year extension for the repayment.

Spain’s Iberdrola to invest $3.2 bln in green hydrogen
Spanish clean energy company Iberdrola said it will invest €3 billion ($3.2 b) in green hydrogen to accelerate the European Green Deal.

German Chancellor’s Africa tour seen as critical step to energy security
Following German Chancellor’s Africa tour, the African Energy Chamber believes it to be a critical step towards achieving energy security.

Germany’s largest subsidy-free floating solar plant comes online
Currently the largest subsidy-free floating solar project in Germany, the 3MWp power plant on the Silbersee III lake has been officially inaugurated and put into operation.

Vertom taps Econowind for wind-assisted propulsion on multiple vessels by year-end
The Netherlands-based wind propulsion solutions provider Econowind and compatriot shipping company Vertom have teamed up to install wind-assist VentoFoil units on multiple vessels by the end of 2022.

Aker Solutions subsea production system for Halten East development
Aker Solutions has won a contract from Equinor to deliver the subsea production system for the Halten East development offshore Norway. The development concept is a subsea tie-back to the Åsgard B platform using existing facilities and infrastructure. The discoveries consist of gas and condensate. A