Business Developments & Projects
EMEC’s Neil Kermode gets recognition for marine renewable energy achievements
Neil Kermode, managing director at the European Marine Energy Centre (EMEC), has won the Lennard-Senior Memorial Prize for the second time for his efforts to advance marine renewable energies.
Two Norwegian players abandon plans to merge decom operations
Aker Solutions and AF Gruppen have terminated their plans to merge the two companies’ existing decommissioning operations.
Capital Product Partners takes delivery of Aristidis I LNG carrier
Shipping company Capital Product Partners (CPLP) has taken delivery of LNG carrier Aristidis I from the Korean shipyard Hyundai Heavy Industries
Rolls-Royce to provide mtu hydrogen tech for Duisburg container terminal
Technology company Rolls-Royce has been contracted to ensure a climate-neutral energy supply at the container terminal currently under construction at the Port of Duisburg, Germany.
Siemens, B.Grimm join ECV on LNG-to-Power project in Vietnam
U.S.-based project holding company Energy Capital Vietnam (ECV) said that B.Grimm Power and Siemens Energy have joined its consortium to develop an LNG-to-power project in Vietnam.
Norwegian JV gets public funding to build ammonia-fueled ships
Ammonia-powered shipping JV has been awarded NOK 13.75 million in funding to build ammonia-powered vessels.
Subsea 7 installs tech for improved access to reserves at Norwegian Sea project
Subsea 7 has completed the installation of electrical heat traced flowline (EHTF) for Aker BP’s Ærfugl phase 2 project in the Norwegian Sea.
GTT gets new DSME order for 4 new LNG carriers
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design from French LNG containment specialist GTT for four new LNG carriers.
Kongsberg Maritime upgrades safety and automation systems on Aker BP’s FPSO
Kongsberg Maritime has successfully updated 19 Safety and Automation Systems (SAS) controllers on Aker BP’s FPSO vessel.
Europe to get 1st climate-neutral container terminal based on hydrogen tech
On the site of the former Coal Island, Germany’s duisport is to construct the trimodal Duisburg Gateway Terminal (DGT) by 2023 together with Cosco Shipping Logistics, Hupac SA, and the HTS Group.
Nova Innovation ups tidal power tempo with €2.5M EIC grant
Scottish tidal energy company Nova Innovation has secured €2.5 million to build an upscaled tidal energy turbine, expected to further slash the cost of tidal power.
Novatek secures LNG services from Voronezh region companies
Russian natural gas producer Novatek had signed a cooperation agreement with Russia’s Voronezh region to increase the participation of the local companies in Novatek’s LNG projects.
DNV expects oil & gas capex to shrink and offshore wind growth to trigger race for ocean space
An unprecedented race for ocean space is on the horizon driven by the exponential growth of offshore wind power. It is expected that by 2050 offshore wind will overtake the oil and gas sector and receive the largest investments in the Blue Economy while the oil and gas industry will shrink to only 2
Symphony Wave Power turbine back in Netherlands for new set of trials
Dutch-based start-up Teamwork Technology has transported the turbine for its Symphony Wave Power device back to the Netherlands for a new set of trials.