Business Developments & Projects

Port of Antwerp-Bruges aims to become ‘energy gateway’ to Europe
Belgian ports of Antwerp and Zeebrugge will from now on continue their growth trajectory under one name — Port of Antwerp-Bruges.

Carnegie preps new CETO design for June wave tank tests
Carnegie Clean Energy has made significant progress on EuropeWave project as its starts building the equipment for wave tank testing of the new design for its CETO wave energy device.

Export cable installation marks official start of offshore construction on world’s largest wind farm
Offshore construction work has now officially started on what will become the world’s largest offshore wind farm with the installation of the first length of the HVDC export cable off the Yorkshire coast. NKT has commenced work on the laying of the nearshore cable for Dogger Bank A, the first of the

Van Oord makes contribution towards energy transition
Van Oord, a Rotterdam based dredging and marine construction company, has ended the last year with an optimistic outlook for its markets. “In 2021, we saw a recovery of the global economy, noticing the first effects in the summer. In our offshore and dredging activities, in particular, a market reco

UK gets its first charging network for electric maritime vessels
The UK’s first e-marine hub of shore-side charging facilities for electric maritime vessels, created through the Marine e-Charging Living Lab (MeLL) initiative, has been unveiled in Plymouth.

Dutch operator takes on Maersk rig for North Sea well
Offshore drilling contractor Maersk Drilling has been awarded a one-well extension for one of its jack-up rigs in the Dutch North Sea.

Shell fined for breaching production consents for North Sea fields
UK’s regulator has fined Shell and served it with a sanction notice for breaching production consents for five fields in the North Sea.

HYON, Gen2 Energy and ASCO to establish hydrogen hub for maritime transport in Nordland
Norway’s hydrogen bunkering specialist HYON has together with compatriot green hydrogen company Gen2 Energy AS and supply base services provider ASCO Norway applied for soft funding from Enova for a hydrogen hub for maritime transport in Nordland to be named the Green Artic HyHub.

Finnlines welcomes first hybrid RoRo newbuild
Finnish shipping company Finnlines has taken delivery of Finneco I, the first of three hybrid roll-on/roll-off (RoRo) Eco class vessels ordered in China.

Basque Country welcomes first floating solar power plant
Emica Bombas, a Biscayan industrial firm with more than a century of experience, has through its subsidiary Emica Solar developed and deployed a floating solar demonstrator plant based on design of a trimaran sailboat.

Subsea 7 sees growth in revenues, expects tendering activity to remain high
Subsea 7 has reported a revenue of $1.2 billion in the first quarter of 2022, an increase of $197 million or 20% compared to Q1 2021, said to reflect strong growth in the Subsea and Conventional business unit. According to the UK-based company, the increase in revenue is impacted by significant acti

MARIN hires Van Swaay to build its new virtual testing facility for maritime sector
The Maritime Research Institute Netherlands (MARIN) has hired Dutch-based construction company Van Swaay to build its new Seven Oceans Simulator Center (SOSc).

Geotechnical site survey conducted for Horisont Energi’s Barents Blue ammonia project
The consulting engineering company Multiconsult has completed a geotechnical survey campaign at Markoppneset, Hammerfest, Norway for Horisont Energi and the Barents Blue ammonia project.

This year’s oil & gas payments to governments to smash records, Rystad says
High commodity prices and increasing oil & gas supply are set to push upstream sector payments to governments to an all-time high, Rystad says.