Business Developments & Projects
Excelerate Energy and Gasgrid sign 10-year FSRU charter agreement
Excelerate Energy and Gasgrid Finland have signed a ten-year deal to charter a floating storage and regasification vessel (FSRU) that will provide LNG to Finland, Estonia, and the Baltic Sea Region.
Following plans to scale up gas production, Polish player secures more Norwegian acreage
PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.
Port of Antwerp-Bruges readies for first hydrogen-powered tugboat en route to becoming climate-neutral
Port of Antwerp-Bruges and cleantech company CMB.TECH are preparing to soon welcome the Hydrotug, the first hydrogen-powered tugboat, which is part of an integral greening programme for the port’s fleet.
DEME on survey mission offshore Ireland
DEME Group’s DP2 jack-up vessel Neptune is about to begin a geotechnical site investigation survey at the Arklow Bank Phase 2 offshore wind project in the Irish Sea. The aim of the survey is to provide site investigation information to facilitate the development of the Arklow Bank Wind Park off Wick
RenewableUK elects new board members
RenewableUK has announced the results of its latest board election held last month, appointing or reappointing four members to the board of directors.
GTT to design tank for new LNGC Hyundai Samho is building
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the fuel tank design of a new LNG carrier from French LNG containment specialist GTT.
Germany’s DekaBank joins Poseidon Principles
DekaBank, the securities services provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe), has become the latest financial institution to join the Poseidon Principles framework for responsible ship finance.
Neoline picks Solid Sail solution for its first sailing cargo ship
French low-carbon shipping company Neoline has selected the Solid Sail system from compatriot shipyard Chantiers de l’Atlantique as the main propulsion for its first sailing cargo ship. By choosing the Solid Sail solution, Neoline is one step closer to launching its first Neoliner, a 136-metre main
Norway’s new estimate of gas deliveries for this year sees 8 pct increase from last year
Norway’s Ministry of Petroleum and Energy has revealed a higher estimate for gas deliveries from the fields on the Norwegian shelf in 2022.
UK to get over $9.7 billion in tax this year from oil & gas operators, trade body says
UK oil & gas operators are expected to pay over $9.6 billion in taxes in 2021, which represents a 20-fold increase worth $346 per household.
Turkey welcomes arrival of fourth drillship
Following a recent report that Turkey is about to welcome the fourth addition to its fleet of drillships, the vessel has now arrived in Turkey.
Damen to promote Bawat’s ship-based ballast water management system
Damen Green Solutions, a member of the Damen Shipyards Group, has been given the right to promote a green ship-based ballast water management system (BWMS) developed by water treatment supplier Bawat. According to Bawat, Damen was selected for the cooperation as it fits the supplier’s green approach
CorPower Ocean goes before Swedish Parliament to spotlight wave power benefits
CorPower Ocean has spoken at the Swedish Parliament to build awareness of the future potential of wave energy amongst the nation’s policy makers.
Chart Industries buys Cryogenic Service Center
U.S. LNG engineer Chart Industries has completed the acquisition of Swedish company CSC Cryogenic Service Center for approximately $4 million. Chart Industries says that CSC brings a strong service footprint in the Nordic Region with many overlapping customers to Chart. Therefore, it is allowing Cha