Business Developments & Projects
Höegh Autoliners orders additional four zero-carbon ready car carriers
Norwegian RoRo shipping company Höegh Autoliners has exercised the option for the construction of additional four new multi-fuel and zero-carbon ready Aurora-class vessels, extending the newbuilding program to eight vessels. The four pure and truck carriers (PCTCs) will be built by China Merchants H
TotalEnergies takes $4.1 bln impairment charge on Russian Arctic LNG 2 project
TotalEnergies will no longer book proved reserves for the Arctic LNG 2 and will book a $4.1 billion impairment charge on Novatek’s project.
Hamlet proves to be an oil and gas discovery
Oil and gas company Neptune Energy has confirmed an oil and gas discovery at its Hamlet exploration wells in the North Sea off Norway.
MOL Group and Plug team up for green hydrogen production facility in Hungary
MOL Group has teamed up with Plug Power to build one of Europe’s largest-capacity green hydrogen production facilities in Hungary.
Activists in Germany turn off oil pipelines in protest against North Sea drilling
Activists in Germany turned off crude oil pipelines at five locations, calling the government to stop new fossil fuels projects.
EU’s Innovation Fund launches €100M call for innovative low-carbon projects
The European Commission has launched a call for small-scale projects focusing on innovative technologies in renewable energy, heavy industry, energy storage, and carbon capture as part of its Innovation Fund.
Danes on the lookout for energy islands consultant
Danish energy operator Energinet has issued a tender looking for consultancy services for the expected subsea cable routes of the planned Energy Islands in the North and Baltic Seas. The scope of work includes consultancy services regarding the external threat and risk assessment as well as assessme
Greenstat and Everfuel to jointly develop Hydrogen Hub Agder in Norway
Danish green hydrogen fuel provider Everfuel and Norwegian energy company Greenstat will in a joint venture establish a hydrogen hub in Kristiansand, Norway, called Hydrogen Hub Agder.
IEA-OES spotlights aquaculture as market for ocean energy in new report
Ocean Energy Systems (OES), a technology collaboration program within the International Energy Agency (IEA), has published a new study on ocean renewable energy technologies and their application in the offshore aquaculture industry.
First gas flows between Denmark and Norway after Baltic Pipe North Sea construction ends
Energinet has completed all work on the Baltic Pipe project in the North Sea, after several years of preparation and construction work. According to the Danish transmission system operator (TSO), the extensive construction work in the North Sea has been completed and this weekend there was a “hole t
SIMEC Atlantis seeks more time to repay Abundance Investment debentures
SIMEC Atlantis Energy has entered into discussions with Abundance Investment to extend the timing for the repayment of the €5.9 million debenture issued to the company in 2017.
Wärtsilä to support world’s 2nd largest Bio-LNG plant REEFUEL
The Finnish technology group Wärtsilä will supply equipment for REEFUEL, the world’s second-largest Bio-LNG plant that will have a capacity of approximately 63,000 tonnes per year.
Getech starts work at Scottish green hydrogen hub in Inverness
Geoenergy and green H2 company Getech has started groundworks to build a green hydrogen hub at the former SGN Commercial Services gas holder site in Inverness.
Equinor to keep PGS busy this summer
Norway’s PGS has leveraged its multi-year frame agreement with compatriot oil and gas giant Equinor to secure contracts for the 2022 summer season. PGS will be carrying out 4D GeoStreamer monitoring surveys over the Visund field in the North Sea and the Snøhvit field in the Barents Sea. The company