Business Developments & Projects

Maersk’s vessels to transmit live data for weather and climate forecast
In the largest project of its kind, shipping giant A.P. Moller-Maersk has installed automated weather stations (AWS) on 50 of its vessels to transmit live data helping forecast weather and climate.

Aker, Dan-Unity join forces for maritime CO2 transport
Norwegian Aker Carbon Capture and Danish Dan-Unity CO2 have signed a collaboration agreement to develop flexible CO2 transport solutions, aiming to establish a full carbon capture, utilization and storage (CCUS) value chain.

In focus: highlights from an industry in change
The world is changing fast and the offshore energy industry goes along with it.

Shell says Prelude FLNG will remain closed in Q1 2022
Shell CEO Ben van Beurden said that the Prelude FLNG facility in Western Australia will remain closed for most of the first quarter of 2022.

ABPmer undertakes seabed assessment for Awel y Môr OWF
RWE Renewables has selected ABPmer, a marine consultancy and survey firm, to support the design of the Awel y Môr offshore wind farm in the Irish Sea.

Brand new 14.7MWp floating solar plant emerges in France
Canadian renewable energy developer Boralex has commissioned its first floating solar farm in southern France.

Danish consortium accelerates offshore wind-powered clean fuel project, eyes green jet fuel production by 2025
The partnership behind the Power-to-X project ‘Green Fuels for Denmark’ has decided to bring forward parts of the project two years earlier than previously planned. The new plan involves rolling out 100 MW of the project’s originally planned second phase’s 250 MW electrolysis in 2025 instead of 2027

Klaipedos Nafta to acquire FSRU Independence from Hoegh LNG
Lithuanian LNG terminal operator Klaipedos Nafta will acquire the FSRU Independence from Hoegh LNG at the end of its lease agreement.

UK’s OGA looking for new CEO as Samuel prepares for exit
UK’s petroleum regulator has reported that its CEO will be stepping down at the end of the year after eight years in the role.

OCTIO wins multi-year geophysical monitoring Ormen Lange deal
Bolstering the long-standing collaboration, Norske Shell, a Norwegian subsidiary of the oil major Shell, has awarded a multi-year geophysical monitoring contract to Reach Subsea’s OCTIO for the Ormen Lange field.

Ocean Sun appoints new interim CFO
Norwegian floating solar developer Ocean Sun has appointed Roar Jakobsen as its interim chief financial officer (CFO).

World’s first ammonia-ready vessel delivered
Greek Shipowner Avin International has taken delivery of Kriti Future, the first ammonia-fuel ready vessel in the world.

Vår Energi unveils Oslo IPO terms
Vår Energi has revealed plans to increase its dividend for 2022 and disclosed details regarding an IPO and listing of shares on Oslo Børs.

FPP presents final design for wave energy PTO test bench
Danish company Floating Power Plant (FPP) has presented the final design of what is said to be the world’s largest power take-off (PTO) test bench for wave energy devices.