Business Developments & Projects
CorPower sees California’s offshore wind ambition as opportunity for wave energy
California’s continued push to rapidly adopt offshore wind signals a glowing opportunity for wave energy technology as a complementary power partner to accelerate the mission to net-zero, according to Swedish company CorPower Ocean.
MAN ES: Methanol to become available for shipowners from 2024
German engine manufacturer MAN Energy Solutions has revealed its plans to work on upgrading its four-stroke engines to run on green future fuels, including methanol and ammonia.
Wallenius Wilhelmsen elects new CEO
Oslo-headquartered shipping company Wallenius Wilhelmsen has named Lasse Kristoffersen as the new chief executive officer (CEO).
CNOOC fires up Buzzard expansion project in North Sea
CNOOC Limited has started production from the Buzzard Phase II development located offshore in the UK sector of the North Sea.
McDermott looks into net-zero LNG construction for Shell
On behalf of Shell, McDermott has completed an LNG construction study identifying reduction pathways toward net-zero construction emissions.
MPS seeks anchor installation crew for megawatt-scale wind and wave demonstrator
Welsh marine energy company Marine Power Systems (MPS) has opened a tender for the installation of anchors for its megawatt-scale wave and wind demonstrator in Spain.
Equinor to exit Ireland after $434 million Corrib sale
Equinor will no longer have a business presence in Ireland following the sale of its equity position in the Corrib gas project to Vermillion.
Stolt Tankers appoints new managing director
Norwegian tanker operator Stolt Tankers has appointed a new managing director of Stolt Tankers Shipowning (STSO).
Rotech completes cable work at first French offshore wind farm
Rotech Subsea has completed export cable de-burial and re-burial work at the Saint-Nazaire project, which is to become the first commercial offshore wind farm in France.
Polish owners order 3+1 hybrid dual-fuel ferries at Remontowa
Polish ferry company Polskie Promy, part of Polska Żegluga Morska (PŻM), has ordered 3+1 hybrid dual-fuel roll-on/roll-off (RoPax) ferries from compatriot shipbuilder Remontowa Group.
Lloyd’s Register becomes first IECRE-approved certification body for marine energy
Maritime classification society Lloyd’s Register has secured approval from the International Electrotechnical Commission’s Renewable Energy System (IECRE) for the certification of complex hybrid renewable energy projects that involve multiple technologies, such as wind, wave and tidal.
Seanovent and Strohm join in on green hydrogen transfer solution
Norweigan subsea infrastructure company Seanovent Engineering and Dutch pipe manufacturer Strohm will collaborate on green hydrogen transfer solutions for offshore wind-to-hydrogen developments.
AD Ports-Turkish wealth fund alliance targets logistics projects
Abu Dhabi Ports (AD Ports) has signed a strategic partnership agreement with Turkey’s sovereign wealth fund Türkiye Varlık Fonu (TVF) to collaborate on major investment projects within Turkey.
BP prepares HyGreen Teesside green hydrogen project
British oil and gas company BP is planning HyGreen Teesside, a new large-scale green hydrogen production facility in the North East of England.