Business Developments & Projects

Technip joins Greenko on green hydrogen projects in India
French engineering company Technip Energies has partnered up with India’s renewable energy company Greenko to accelerate green hydrogen development in India.

Equinor sets its sights on Barents Sea wildcat
Oil and gas giant Equinor has received a drilling permit from Norwegian authorities for a wildcat well located in the Barents Sea off Norway.

BW Offshore sends another laid-up FPSO to scrap yard
BW Offshore has arranged to recycle another one of its FPSOs at a yard in India to pursue portfolio optimisation.

Danaos orders methanol-ready boxships
Greek containership owner Danaos Corporation has ordered two methanol ready 7,100 TEU containerships in China.

MPS seeks marine operations services for wind and wave energy demonstrator
Welsh company Marine Power Systems (MPS) is looking to hire an experienced contractor to provide marine services for the deployment of its megawatt-scale wind and wave energy demonstrator in Spain.

IACS revokes membership of Russian ship register
The International Association of Classification Societies (IACS) Council has agreed to exclude the Russian Maritime Register of Shipping (RMRS) from the IACS membership.

Keel laid for HaiSea’s zero-emission electric harbour tug
The construction of HaiSea Marine’s three zero-emission battery-powered harbour tugs has begun at the Sanmar Shipyard Tuzla in Turkey with a keel-laying ceremony.

Minesto shifts tidal energy focus to Faroe Islands to mitigate supply chain delays
Swedish company Minesto has decided to focus this year’s operations with its Dragon Class tidal energy converters at the established and grid-connected site in Vestmannasund in Faroe Islands.

UK takes another look at Severn Estuary’s tidal energy prospects
A new independent commission has been announced to explore the potential for tidal energy generation from the Severn Estuary, a large body of water located between England and Wales.

Intertek gets more work on world’s longest subsea cable
UK’s Xlinks has awarded Intertek with a contract to provide quality assurance and technical advice on marine cable routing, survey specification and procurement for the planned interconnector between Morocco and the UK. Intertek will work with Xlinks to review cable routing, draft survey and technic

IOG marks ‘historic milestone’ as first gas flows from UK project
IOG has kicked off the first production at its Saturn Banks Project – Phase 1, located in the UK North Sea.

Algoma-Nova Marine JV buys 5 ships
Shipping companies Algoma Central Corporation and Nova Marine have increased investment in their short sea shipping joint ventures, NovaAlgoma, by acquiring five vessels.

Golden Energy PSV back on duty after 16-month warm lay-up
Golden Energy Offshore Services has secured a term contract with a “first-class international operator” for the platform supply vessel (PSV) Energy Scout. The Norwegian company started the reactivation process for the vessel as it had been in warm lay-up for 16 months caused by the downturn in the m

In focus: The dawn of energy independence is coming
As many countries around the world are choosing to shift away from Russian fossil fuels due to the ongoing Ukrainian crisis and turning to different sources, others are seizing the momentum and working towards securing energy independence through clean energy options.