Business Developments & Projects

H2Gate consortium on Europe’s import chain for green hydrogen
H2Gate consortium has presented the blueprint for the import of one million tonnes of green hydrogen via the port of Amsterdam.

Keel laid for Van Oord’s new cable-layer
Van Oord has laid the keel for its new 130-meter hybrid cable-laying vessel Calypso. The Dutch company held a ceremony at the Vard Tulcea shipyard in Romania to mark the milestone. To remind, Van Oord placed an order with VARD for Calypso in December last year as part of the company’s strategy to st

Lukoil and Petronas change Shah Deniz deal due to pre-emption by partners
Lukoil and Petronas have changed their previous agreement related to Lukoil’s acquisition of an interest in the Shah Deniz project.

ExxonMobil and QatarEnergy expand footprint in Cyprus with new block entry
A consortium comprising ExxonMobil and QatarEnergy has signed an exploration and production sharing contract with Cyprus.

Neptune Energy to ring in the new year with new CEO
Neptune Energy has revealed the name of its new CEO, who will take over the role after the current one retires at the end of the month.

SEA-KIT to add new 12-meter USV to its fleet in 2022
SEA-KIT International is planning to build a new X-class 12-meter unmanned surface vehicle (USV) as a fleet vessel for launch in 2022.

Horisont Energi and Helen to cooperate on H2 and CCUS
Norwegian clean energy company Horisont Energi and the Finnish energy company Helen will cooperate on hydrogen economy and carbon storage (CCUS).

Welsh renewables review puts spotlight on marine energy
The outcome of the Welsh government’s Deep Dive into Renewable Energy review into scaling up renewable energy deployment has been released, with a large number of recommendations particularly relevant to the marine energy sector.

Fluxys LNG Zeebrugge terminal offers BioLNG service
Fluxys Belgium is now offering BioLNG liquefaction services at the Zeebrugge LNG Terminal it operates, in order to contribute to a carbon-neutral future.

Norwegian energy trio joins in on Polaris CCS project
Norwegian energy companies Horisont Energi, Equinor, and Vår Energi have agreed to collaborate on the development of the carbon transportation and storage project Polaris, off the coast of Northern Norway.

Lundin gets green light for exploration drilling off Norway
Lundin has received consent from the offshore regulator to use the Deepsea Stavanger rig for exploration drilling in the Norwegian Sea.

Developer cancels offshore wind project over turbine size
A Denmark-based developer has decided to cancel an offshore wind project after not managing to find a turbine model that would fit the project’s original design parameters.

Danish govt bankrolls two projects for CO2 storage in North Sea
Denmark’s government has approved funding for two CCS projects, which will use the existing oil and gas infrastructure in the North Sea.

Costamare orders containership fleet
Greek shipping company Costamare has signed two shipbuilding contracts for the construction of a total of eight boxships.