Business Developments & Projects

Volvo Penta to power Hurtigruten’s near-silent hybrid vessel
Swedish engine manufacturer Volvo Penta has been contracted to provide a hybrid solution for Hurtigruten Svalbard’s new sightseeing vessel, which will begin a pilot test in Svalbard in May 2022.

Italian TSO awards major cable contracts for new subsea interconnector
Italian transmission system operator (TSO) Terna has awarded Prysmian and Nexans with contracts for the supply of cables for the Tyrrhenian Link that will connect Sicily with Sardinia and the Italian peninsula.

Milano university and companies team up for Hydrogen JRP
Universities Fondazione Politecnico di Milano and Politecnico di Milano, Edison, Eni, and Snam have created Hydrogen JRP, a platform to develop hydrogen technologies for the clean energy transition.

Nord Stream 2 is Merkel’s biggest mistake, says ex-EU Council president
The decision to build the Nord Stream 2 gas pipeline was the biggest mistake of Germany’s Chancellor Angela Merkel, Polish news outlet PAP reported the former president of the European Council Donald Tusk as saying at a recent conference.

Høglund to supply automation, hybrid-electric systems for asphalt carrier duo
Norwegian integrated automation and energy specialist Høglund has been commissioned to supply integrated hybrid, automation, and digital solutions to two asphalt carriers to be built at Wuhu Shipyard in China.

ESA approves Norwegian aid for zero-emission hydrogen ships
The EFTA Surveillance Authority (ESA) has approved NOK 219 million ($24.18 million) in Norwegian state aid for the purchase of two zero-emission hydrogen vessels being developed under the Topeka Nattruten project.

BP loads 1000th tanker of crude oil at Black Sea terminal
The BP-operated Western Route Export Pipeline has loaded the 1000th tanker at the Supsa terminal on the Black Sea.

UK government sets up safety net for Horizon Europe applicants
The UK government has established a new financial safety net to provide certainty for successful Horizon Europe applicants as UK’s efforts to associate with the EU’s key funding programme for research and innovation continue.

Cyprus launches tender to reinstate ferry link with Greece
The Cyprus Shipping Deputy Ministry (SDM) has issued a tender process to re-establish a maritime passenger link between Cyprus and Greece.

Vattenfall brings Fugro to Aberdeen Bay offshore wind farm
Vattenfall has awarded Fugro with a contract to carry out a geoscience survey and subsequent data processing and reporting for a proposed pipeline route between Vattenfall’s European Offshore Wind Deployment Centre (EOWDC) and Aberdeen Port.

AIE and Höegh LNG sign charter deal for Port Kembla FSRU
Australian Industrial Energy (AIE) has signed a long-term charter deal with energy infrastructure provider Höegh LNG to supply the first Floating Storage and Regasification Unit (FSRU) for the Port Kembla terminal.

Nova Innovation bags UK funding for 7MW tidal energy scheme in Indonesia
Scotland-based tidal energy company Nova Innovation has won funding that could deliver the 7MW tidal turbine array in Indonesia, the first ever in the Southeast Asian island country.

Cutting emissions by refining dredging practices
HR Wallingford has released an article in which the company talks about how “cutting emissions by refining dredging practices and techniques is one of the most obvious areas for ports and harbours to make carbon savings, and how this can result in significantly lower costs and can sometimes provide

Eni and CNR prolong partnership to tackle energy transition challenges
Eni and the CNR have extended their collaboration to navigate the challenges imposed by the energy transition.