Business Developments & Projects
Rolls-Royce developing mtu methanol engines to make shipping greener
Focusing on methanol as a fuel for climate-friendly shipping, technology company Rolls-Royce aims to set standards in high-speed methanol engines.
DNV, industry players team up for CO2 ship transport solutions
Energy majors Equinor, Shell, TotalEnergies, Gassco and classification society DNV have unveiled the launch of a new joint industry project (JIP) to develop low-pressure solutions for the transportation of CO2 by ships.
Maersk to acquire logistics company in Asia Pacific
Maersk to acquire logistics company in Asia Pacific
Norway’s November oil output below predictions over technical glitches
Norway’s oil production in November 2021 fell behind the NPD’s predictions due to technical issues, while the gas output also decreased.
Aker BP to merge with Lundin Energy in bid to create leading E&P player of the future
Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future.
RiverCell consortium: Fuel cell unit passes safety testing
Advent Technologies Holdings’ fuel cell unit for the maritime sector – developed within the frame of the RiverCell Consortium – has passed safety testing, as well as a safety assessment completed by classification society DNV.
Petrofac scores renewal deal for Neptune’s North Sea assets
Petrofac has secured a two-year contract extension for the provision of engineering services to Neptune’s platforms in the North Sea.
Boluda wins container terminal concession in Lanzarote
Boluda Maritime Terminals, a subsidiary of shipping company Boluda Corporación Marítima, has obtained the concession of the container terminal in the port of Arrecife in Lanzarote.
SINN Power launches floating solar solution for calm waters
German company SINN Power has launched its new floating photovoltaic (PV) solution – the Water Lily – designed for renewable electricity generation on calm waters.
PGS inks data management as a service agreement with major client
Norway-based Petroleum Geo-Services (PGS) has signed a multi-year Data Management as a Service (DMaaS) agreement with a “major” customer. Under the agreement, PGS will provide a cloud-based digital DMaaS solution that allows the client to store, manage and access subsurface data that it has licensed
TotalEnergies signs deals with Oman on Marsa LNG
French energy major TotalEnergies has signed a series of agreements with the Sultanate of Oman for the development of low-carbon natural gas projects, including Marsa LNG establishment.
SWEL starts open sea trials offshore Cyprus
Sea Wave Energy Limited (SWEL), a R&D company based in Cyprus and UK, has deployed its wave energy device for another round of trials offshore Cyprus.
Rotterdam to give a boost to shore power at port
The Port of Rotterdam Authority and the municipality of Rotterdam are exploring possibilities of installing more shore-based power at the port’s terminals to reduce CO2 emissions and air pollution.
Norwegian authorities give go-ahead for Equinor’s North Sea electrification project
Norwegian Ministry of Petroleum and Industry has approved a plan for the development and operation of Equinor’s Troll field in the North Sea.