Business Developments & Projects

CCS market to reach $7 bln by 2028 bolstered by increased investments, Fortune Business Insight says
Fortune Business Insights expects the CCS market to grow to $7 bln by 2028 aided by rising investments in the energy transition initiatives.

SIMEC Atlantis powers down tidal kit in Japan after exporting 247MWh of clean energy
SIMEC Atlantis Energy has powered down its 500kW AR500 tidal turbine after almost one full year of generating clean renewable energy in the Naru Strait in Japan.

Contractor wanted for Germany-Sweden subsea power link
Transmission system operators 50Hertz Transmission and Svenska kraftnät have issued a tender seeking a contractor for submarine cable for the Hansa PowerBridge project, a 300-kilometre HVDC interconnector between Sweden and Germany.

Harbour Energy hires Havila vessel for ops offshore UK
Havila Shipping has secured a new contract for one of its platform supply vessels (PSVs) with Harbour Energy for operations in the UK.

Port of Gothenburg to save CO2 with hybrid service ship
During the second quarter of 2022, service ship Northern Skagerrak will be converted to a hybrid operation. It will collect oily engine room waste, known as sludge, from ships arriving at the Swedish Port of Gothenburg.

Van Oord to use floating solar to power unmanned survey vessels
Dutch maritime giant Van Oord has signed a partnership agreement with floating solar specialist HelioRec to investigate the use of floating solar as power source for charging its unmanned survey vessels.

Dutch issue offshore wind tender teaser
The Netherlands Enterprise Agency (RVO) plans to issue a tender covering expert support on soil investigations and expert support on wind and water investigations at the new offshore wind zones in the Dutch North Sea. RVO plans to start site characterization within designated new areas for the prepa

Höegh LNG Partners updates on FSRU Lampung refinancing
Bermuda-based Höegh LNG Partners has completed a refinancing of the commercial tranche of its PGN FSRU Lampung debt facility and the refinancing of the Neptune debt facility.

Magseis Fairfield entering 2022 with new OBN deal
Norwegian seismic company Magseis Fairfield has been awarded a 3D ocean bottom node (OBN) contract by an undisclosed client.

Aqua, Tritium partner up to power electric boats
London-based marine fast-charging network operator, Aqua superPower, and Tritium Holdings, an Australian developer and manufacturer of direct current (DC) fast charging technology for electric vehicles (EVs), have joined forces to electrify transportation on global waterways.

In focus: Global innovations and collaborations take the wheel of energy transition
The direction of the global transition to clean energy is getting more refined each week, as more of the world’s energy majors start investing in innovation and collaboration to shift energy production away from GHG-heavy sources.

Plans are in motion to electrify giant North Sea oil & gas field with floating wind farm
CNOOC Petroleum and Flotation Energy are working on a project, which would see one of the UK’s largest oil and gas assets electrified with power from a floating offshore wind farm.

Fluxys awards MT Group Zeebrugge LNG terminal contract
Fluxys Belgium, the operator of the Zeebrugge LNG terminal, has awarded Lithuanian energy infrastructure company MT Group a contract to work on the terminal expansion.

ESB applies for offshore wind site investigation permit in Ireland
ESB Wind Development Limited, a wholly owned subsidiary of Irish utility company ESB, has applied for a licence to carry out site investigations for its Sea Stacks Offshore Wind project, one of the projects on which the company was joined by Equinor, before the Norwegian developer decided to withdra