Business Developments & Projects

Newly purchased Hugin 6000 brings $4.5M AUV project to Argeo
Marine survey contractor Argeo has signed an agreement with Kongsberg Maritime for the purchase of a Hugin 6000 autonomous underwater vehicle (AUV). The company has also secured a 12-month contract for AUV work using the newly obtained Hugin 6000.

Study: Green shore power has potential to cut emissions in ports by 90%
Green shore power could reduce emissions in ports by more than 90%, as well as minimise noise and air pollution levels, a new feasibility study released by Scotland’s Aberdeen Harbour shows.

Port of Zeebrugge becomes newest SEA-LNG member
The Port of Zeebrugge, regarded as Belgium’s most important LNG hub, has joined SEA-LNG, the multi-sector industry coalition established to demonstrate LNG’s benefits as a viable marine fuel.

Sustainable Marine gets busy on tidal power connection in Nova Scotia
Sustainable Marine has intensified operations to connect its floating tidal energy platform to the Canadian power grid.

Following EnQuest exit, CFO to take the same role at Tullow
Tullow Oil has revealed it will be getting a new Chief Financial Officer later this year by hiring the current CFO of EnQuest for the role.

ICCT’s FUMES project to measure LNG ships’ methane emissions
ICCT has launched the FUgitive Methane Emissions from Ships (FUMES) project to quantify methane emissions from LNG-fueled ships.

Argo FSRU project greenlighted by Greece’s regulatory authority
The ARGO FSRU project in Volos port, developed by Mediterranean Gas, has been greenlighted by Greece’s Regulatory Authority for Energy (RAE).

JR Shipping opts for Value Maritime filter and carbon capture system
Dutch maritime technology company Value Maritime has been contracted by compatriot shipping company JR Shipping to install a filter and carbon capture system on the container feeder vessel MV Energy.

New floating wind-to-hydrogen project proposed in UK
Environmental Resources Management’s (ERM) ERM Dolphyn and Source Energie have entered into a partnership to jointly develop projects in the Celtic Sea that incorporate floating wind and green hydrogen production, with an aim to participate in the Crown Estate’s planned floating wind leasing round.

Dutch bank to curb financing for oil & gas projects while pushing for renewables
Dutch bank ING has decided to step up its renewable energy efforts and restricts financing for new oil & gas fields.

University of Plymouth and Sonardyne join forces for marine monitoring tech
The University of Plymouth and marine technology company Sonardyne have agreed a strategic partnership to drive innovation within the UK’s growing marine robotic and autonomous systems sector.

Energean hires Halliburton to gauge carbon storage potential in Prinos area
Energean has selected Halliburton for a subsurface study to evaluate the carbon capture and storage (CCS) potential of a basin in Greece.

Sunlit Sea starts floating solar wave tank trials
Norwegian company Sunlit Sea has started testing a scale model of its floating solar technology at Stadt Towing Tank hydrodynamic facility.

Prysmian launches Leonardo da Vinci, reveals €1B investment plan for energy transition
Italian cabling giant has inaugurated Leonardo da Vinci, the world’s largest cable-laying vessel, and presented its €1 billion investment plan targeted at developing businesses that support the energy transition.