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Business Developments & Projects

Carbon capture & sequestration market to reach $7 billion by 2028 bolstered by increased investments in carbon removal, Fortune Business Insight says
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.

about 4 years ago
SIMEC Atlantis' AR500 tidal turbine ahead of deployment (Courtesy of SIMEC Atlantis)
Business Developments & Projects

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.

about 4 years ago
Hansa PowerBridge
Business Developments & Projects

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.

about 4 years ago
Harbour Energy hires Havila vessel for ops offshore UK
Business Developments & Projects

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.

about 4 years ago
Port of Gothenburg
Business Developments & Projects

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.

about 4 years ago

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PortXL innovation platform supported two start-ups – Lexx and HelioRec (Courtesy of HelioREC)
Business Developments & Projects

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.

about 4 years ago
Dutch issue offshore wind tender teaser
Business Developments & Projects

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

about 4 years ago
Höegh LNG Partners updates on FSRU Lampung refinancing
Business Developments & Projects

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.

about 4 years ago
Magseis Fairfield
Business Developments & Projects

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.

about 4 years ago
Aqua
Business Developments & Projects

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.

about 4 years ago

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In focus: Energy transition driven by global innovations and collaborations
Business Developments & Projects

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.

about 4 years ago
Buzzard oil & gas field in the UK North Sea
Business Developments & Projects

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.

about 4 years ago
Fluxys awards MT Group Zeebrugge LNG terminal contract
Business Developments & Projects

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.

about 4 years ago
A map showing Sea Stacks offshore wind project location
Business Developments & Projects

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

about 4 years ago