Business Developments & Projects

LNG fuel conversion and jumboization: Partners win BV AiP for new boxship retrofit concept
GTT, Alwena Shipping and CHI Zhoushan have received AiP from BV for a new concept, combining LNG retrofit and jumboization applied to large containerships.

LR approves Norwegian zero-emission self-unloading bulker
Norwegian shipowner Egil Ulvan Rederi has secured Approval in Principle (AiP) from maritime classification society Lloyd’s Register (LR) for its zero-emission self-discharging hydrogen-fueled bulk carrier.

Date set for Dogger Bank A export cable pre-lay survey
Survey vessel Geo Ranger is set to begin a geophysical pre-lay survey along the export cable corridor at the Dogger Bank A offshore wind project in mid-March. The activities are planned to begin on 13 March and end on approximately 18 March. They will be carried out on a continuous basis, 24 hours a

After BP and Equinor, Shell ditching Russian business and TotalEnergies withholding capital from new projects
Shell has joined BP and Equinor in a decision to exit Russia-related businesses following Russia’s attack on Ukraine.

Dutch 2007-built offshore wind farm to undergo cable switch
Jan De Nul has awarded Correll Group with a contract for the replacement of an inter-array cable at the Princess Amalia offshore wind farm in the Netherlands. According to Correll, this is a turnkey project using the company’s termination, testing and cable pull-in services. “We are delighted to hav

Eco Wave Power enters 2022 poised for ‘rapid and material progress’
Swedish-Israeli wave energy company Eco Wave Power has released its financial report for 2021, showing a wider net loss, but also an increase in revenues when compared to a year before.

UK’s underwater industry to create 180,000 new jobs by 2035
The UK’s underwater industry will create an estimated 180,000 new jobs and around £20 billion or more in exports by 2035, according to the Global Underwater Hub (GUH). GUH’s recent survey of the sector revealed that almost 90% of subsea companies expect to recruit in the next 12 months, with a longe

IMPACT’s grid integration crew for wave energy submits final report
The partners in the EU-backed IMPACT wave energy project have submitted the final report for the work package which supported the design of test rigs for wave energy converters by focusing on aspects of the electrical subsystems.

Spotted: World’s largest hospital ship calling in Rotterdam
Global Mercy, the world’s largest hospital ship, will be in Rotterdam from 28 February to 14 March for the final outfitting ahead of its departure on the mission in West Africa.

Serica shuts down North Sea field over subsea control module issues
Serica has stopped production from a field located in the UK North Sea for repair and replacement following a subsea control module issue.

Peterson to keep on supporting Shell’s North Sea operations
Peterson has inked a new contract with Shell for the provision of integrated logistics across energy major’s Southern North Sea assets.

Oilex awaits licence for carbon capture and storage project in UK
Australia-based Oilex is hoping to get a licence from the UK authorities, which would enable it to move forward with its CCS project in the UK.

Liverpool’s tidal range energy scheme ripe for design updates
A tidal energy barrage scheme that could provide power for up to one million homes, proposed by the Liverpool City Region Combined Authority (LCRCA), might soon get a streamlined design that could bring the project a step closer to realization.

BP to get rid of its interest in Russia’s Rosneft and Equinor to exit Russian JVs
BP has decided to exit its shareholding in Russia’s Rosneft while Equinor has moved to exit its JVs in Russia.