Business Developments & Projects
Liquid Wind: eMethanol can deliver significant reductions in CO2 production compared to fossil marine fuels
eMethanol produced from renewable energy sources can have carbon equivalence up to 94% lower than fossil fuels, according to a lifecycle assessment conducted by Swedish eMethanol producer Liquid Wind.
Equinor spuds ‘one of the largest gas prospects in Norway in 2022’
Equinor has started drilling a wildcat well, located in the North Sea offshore Norway, using an Odfjell Drilling-owned rig.
NeuConnect selects key contractors, financial close in sight
The NeuConnect consortium has selected the contractors for cabling and converter station works for the first-ever energy link between the UK and Germany. Siemens Energy has been selected to supply the turnkey high-voltage direct current (HVDC) transmission system for the project and will build two c
Boskalis to convert selected vessels into hybrids for ‘significant’ emissions reduction
Papendrecht-based dredging and maritime services provider Boskalis has decided to convert numerous vessels within its Offshore Energy division into hybrid vessels through the retrofitting of energy storage systems.
Oldendorff Carriers picks Yara Marine scrubbers for Capesize newbuilds
Germany’s dry bulk carrier owner and operator Oldendorff Carriers has ordered U-type scrubbers for two newbuild Capesize vessels from Norwegian green technology company Yara Marine Technologies.
Gasunie, HES, Vopak to develop green ammonia terminal in Rotterdam
Gasunie, HES International (HES), and Vopak have joined forces to develop an import terminal for green ammonia as a hydrogen carrier in the Port of Rotterdam. The parties have signed a cooperation agreement to that effect. Their cooperation is a response to the growing global demand for the import a
Aker BP brings online North Sea project less than two years after first steel
Norwegian operator Aker BP and its partner Pandion Energy have started production from the Hod B in the southern North Sea offshore Norway.
Austrian player to furnish Aker BP’s new offshore platforms with remotely operated cranes
Aker BP has inked a deal with Palfinger for the provision of remotely operated cranes for its new offshore platforms in Norway.
In focus: Industry making strides on its journey to sustainable future
The current geopolitical crisis has been seen by many as a wake-up call and a nudge the world needed to pivot towards renewables, which are perceived as pillars of a net-zero future. In light of this, the offshore energy industry is putting the wheels into motion to step up decarbonisation as the wo
Euronav-Frontline merger could reap multiple benefits of energy transition
Norwegian tanker owner and operator Frontline and its Belgium-based counterpart Euronav have decided to pursue a merger, creating a global leader in the oil tanker industry.
Video: Waveswing wave energy device gets shakedown at EMEC
The video shows initial testing and shakedown of 16kW Waveswing wave energy device that was recently completed, as the developer AWS Ocean Energy proceeds with offshore scientific test program in Scotland.
Maersk joins initiative to accelerate transition to net zero steel industry
Maersk has decided to join Climate Group SteelZero, a global initiative that aims to accelerate the transition to a net-zero steel industry.
Ballard’s marine fuel cell module gets industry-first type approval
Fuel cell supplier Ballard Power Systems has received a type approval from classification society DNV for its marine fuel cell module FCwave.
North Sea appraisal well on the horizon for Neptune
Oil and gas company Neptune Energy is preparing to drill an appraisal well located in the North Sea offshore Norway.