Business Developments & Projects
MacGregor bags ‘significant order’ to equip Polish hybrid RoPax ferries
MacGregor, a part of Finnish Cargotec, has secured a contract to supply comprehensive packages of RoRo equipment for three RoPax ferries powered by four liquefied natural gas (LNG) engines of dual-fuel type with battery assistance.
Equinor and partners investing over $937 mln to develop Norwegian Sea gas project
Equinor and Halten East partners have decided to invest about NOK 9 billion in the development of the area neighbouring the Åsgard field.
New alliance to make workforce fit for sustainable maritime future
Industry players from across the global maritime value chain came together in Zurich on 24 May to launch the All Aboard Alliance, which will provide a platform for collaborative action to make the maritime industry more diverse, equitable, and inclusive.
EST-Floattech battery powers Sweden’s fourth electric hybrid ferry
Swedish public transport organisation Västtrafik has taken delivery of a fourth electric hybrid ferry powered by a battery system from the Dutch manufacturer EST-Floattech.
Elogen partners up for green hydrogen solutions in Asia Pacific
Elogen and Valmax have signed a collaboration deal for the commercialisation of green hydrogen solutions in Korea.
Equinor’s new oil discovery could add ‘valuable volumes’ to Barents Sea project
Norwegian oil and gas giant Equinor has made a new oil discovery in Snøfonn Nord with the exploration well 7220/8-2 S, located by the Johan Castberg field development in the Barents Sea. This proximity to the current project development enables the tieback option, which will be considered by Equinor
Germany’s LNG acceleration law now includes TES Wilhelmshaven terminal
Tree Energy Solutions’ (TES) import terminal in Wilhelmshaven has been included in the list of priority projects supported by the German government’s LNG Acceleration law.
WIND to store cables for TenneT
The Netherlands-based subsea cable specialist WIND has signed a framework agreement with TenneT for the provision of cable transfers and storage for spare export cables. The scope of the contract includes the supply of cable storage equipment, execution of cable transfers, and management and storage
Minesto flies first Dragon Class tidal energy kite in Faroe Islands
Swedish marine energy company Minesto has successfully completed the first week of commissioning of its new Dragon 4 tidal power plant in Vestmanna, Faroe Islands.
CMA CGM conducts its first LNG bunkering operation in Spain
French shipping major CMA CGM has carried out its first liquefied natural gas (LNG) bunkering operation in Spain together with energy companies Enagás and Repsol.
Technip Energies and Samsung Engineering to work together on Texas LNG project
Technip Energies and Samsung Engineering have been awarded a Pre-FID engineering contract for the Texas LNG project in the U.S.
Europe’s bold new energy plan will need wartime-like planning to meet goals, Rystad says
Rystad Energy forecasts that the EU’s energy plan and its budget may fall short of objectives, as a further ramp-up of investments is needed.
Eni goes full speed ahead with drilling plans off Cyprus
Following the arrival of a Vantage Drilling-owned drillship from Egypt, Eni and TotalEnergies are kicking off drilling operations offshore Cyprus.
EDPR and Lhyfe partner up for renewable hydrogen
EDP Renewables (EDPR) has entered into an industrial agreement with Lhyfe to jointly work on renewable hydrogen projects.