Business Developments & Projects

EEL Energy set to test commercial-scale biomimetic tidal turbine
French tidal energy company EEL Energy is making final steps before launching its new commercial-scale 50kW tidal energy turbine for trials in the Port of Brest.

2014-built hybrid survey vessel joins GEOxyz fleet
Belgium-based geo-data specialist GEOxyz has acquired a new hybrid survey vessel, stating that the move comes as the company focuses on delivering the next generation of geo-data acquisition solutions. GEO OCEAN VI is said to be a green, versatile and multi-disciplined offshore survey vessel, fitted

Industry’s first: Furetank granted green credit guarantee
Furetank has become the first shipping compnay in Sweden to receive a green credit guarantee by the the Swedish Export Credit Agency for financing a vessel of “top-class environmental and climate standard”.

UK player sorting out mechanical issue hindering production from North Sea field
After identifying a mechanical issue on a platform, IOG is experiencing a further delay in fixing the fault to resume production from Blythe.

Corvus Energy hydrogen fuel cell system gets DNV AIP
The Corvus Energy hydrogen fuel cell system developed through the H2NOR project has received approval in principle (AiP) from the classification society DNV.

Multi-use wind and wave offshore platform ends sea trials
The multi-use wind and wave offshore platform prototype, dubbed Aurora, has been decommissioned after one year of sea trials as part of the EU-backed Blue Growth Farm project.

Norsepower, NAPA team up to reap wind propulsion benefits using voyage optimisation
Finland-based clean tech company Norsepower has signed a formal agreement with NAPA, a compatriot maritime software, services and data analysis provider, to offer weather routing software in combination with its Rotor Sails solution.

ABB to power Polish hybrid-electric ferries
Technology company ABB has secured an order from the Polish shipbuilder Remontowa Shiprepair Yard to supply integrated power, automation and propulsion solutions to three large passenger and car ferries.

IEA states to release emergency oil reserves for the second time this year
The International Energy Agency’s (IEA) 31 members agreed to a new release of oil from emergency reserves in response to the market turmoil.

Flex LNG charters 5th LNG carrier to Cheniere
Flex LNG has entered into a time charter party agreement with a unit of Cheniere for Flex Aurora LNG carrier.

Flotte Hamburg, TU Hamburg partner up for cleaner air in the port
The Flotte Hamburg (FLH), a city-owned shipping company, and Hamburg University of Technology (TU Hamburg) have joined forces to make a contribution to improving air quality in the Port of Hamburg.

One-year gig with Shell for Maersk drillship
Maersk Drilling has been awarded contracts with Shell for the provision of a drillship for drilling services offshore multiple countries.

In focus: Both political and corporate efforts needed to amp up transition to clean energy
Both government and commercial efforts are needed to speed up the transition to clean energy, since, as Shell says, the transition is not just about reducing CO2 emissions, but it is rather a political balancing act that needs government-led policies.

Solstad pulls off hat-trick award with ConocoPhillips
Solstad Offshore has inked new long-term deals for three of its platform supply vessels (PSVs) with ConocoPhillips for operations off Norway.