Business Developments & Projects

Pre-FEED work starts for development of North Sea field via Piper Bravo platform
Pre-FEED work has started for the development of the Ithaca and Hibiscus owned Marigold field via the Repsol Sinopec-operated Piper Bravo platform.

Flagship Founders’ new startup zero44 to help shipping companies control CO2 footprint
Flagship Founders has unveiled its third start-up, zero44, that aims to help shipping companies, ship managers and charterers monitor and control their fleets’ CO2 emissions to improve their carbon footprint.

DNV moves to the forefront of floating solar industry standardization
DNV, an independent energy expert and assurance provider, has introduced two joint industry projects aiming to create comprehensive standardization guides for the floating solar industry.

Harbour Energy’s new project set to boost UK gas output
Harbour Energy has started production from its delayed project in the North Sea, which is expected to boost the UK’s domestic production.

Another hurdle out of the way as Noble shareholders greenlight Maersk merger
Noble Corporation has revealed that its shareholders have endorsed its plan to merge with Maersk Drilling almost unanimously.

HYON enters hydrogen fueling partnership with Mitsui
Norway’s hydrogen bunkering specialist HYON has entered into a collaboration agreement with Japanese trading and investment company Mitsui, setting the stage for large-scale development of hydrogen fueling solutions, starting with a joint feasibility study in the second half of 2022.

Norway launches 30 GW by 2040 offshore wind investment plan
The Government of Norway has launched a large-scale investment plan aimed at allocating sea areas to develop 30 GW of offshore wind capacity by 2040. The ambition is that almost as much new power will be produced from offshore wind as Norway produces in total today. ”Today we launch a large-scale in

New gig in Norway for Solstad vessel
Aker BP has picked a platform supply vessel (PSV) from Solstad Offshore for support operations offshore Norway.

Californian tidal energy company signs up for EMEC tidal demo
California-based tidal energy developer Aquantis has signed up to test its Tidal Power Tug at the European Marine Energy Centre (EMEC) in Scotland.

Accelerating to net zero, CMA CGM joins Jupiter 1000 project
CMA CGM has made a step forward towards its net-zero carbon 2050 goal as it joined the Jupiter 1000 industrial demonstrator project piloted by compatriot gas transport company GRTgaz.

Odfjell Technology on track to wrap up three-year campaign in Black Sea
Odfjell Technology is on track to successfully complete its three-year drilling project in the Black Sea with Black Sea Oil & Gas (BSOG).

Swedish start-up collects multi-million EU grant for full-scale wave energy device
Swedish company Novige has been selected by the European Climate, Infrastructure and Environment Executive Agency (CINEA) to receive a multi-million euro grant to build its full-scale wave energy device.

Neptune to invest over $1 bln in next five years to secure energy supplies for UK
Neptune Energy will spend more than $1 billion over the next five years securing energy supplies for the UK.

Rotterdam to provide 4.6 mt of hydrogen by 2030
The Port of Rotterdam says it can, with companies, supply Northwestern Europe with 4.6 million tonnes of hydrogen annually by 2030. The consumption of 4.6 million tonnes of hydrogen allows for 46 million tonnes of CO2 reduction. It also increases Europe’s energy independence. This hydrogen amount is