Business Developments & Projects
Simulation tool to optimise yield from offshore floating solar plants
Scientists from Malta have developed and verified a simulation tool that can help developers assess the effect of waves on the offshore floating solar system and optimise its energy yield.
Offshore wind, green hydrogen ‘nice-to-haves’ for oil & gas majors as hydrocarbon production moves towards its peak – Westwood
While oil and gas majors are increasingly entering new offshore wind and green hydrogen projects, it is but a small portion of the overall pie, to quote David Linden from Westwood Global Energy Group. As a reaction to the energy transition, the oil and gas majors are diversifying and now have more o
Langh Ship orders multi-fuel MPP vessel trio
Langh Ship has ordered three multi-fuel MPP vessels which will serve Outokumpu on the short sea lane between Finland and continental Europe.
PLOCAN takes the baton for MUSICA project
The Oceanic Platform of the Canary Islands (PLOCAN) has been confirmed as the new coordinator of the EU-backed MUSICA project that aims to develop a multi-use platform combining renewable energies, aquaculture, water desalination, energy storage and green support services.
Kongsberg and Norsepower join forces for rotor sail integration in maritime industry
Norwegian Kongsberg Maritime (KM) and Finnish Norsepower have signed a Memorandum of Understanding (MoU) to facilitate the integration of auxiliary wind propulsion to new and existing vessels in diverse maritime markets.
BAE Systems’ next-gen power and propulsion system to reduce emissions
British arms, security, and aerospace company BAE Systems has launched its next-generation power and propulsion system for the marine market to help operators reach zero emissions.
Offshore gas platform owner to test wind potential in North Adriatic
A confidential owner of oil and gas platforms in the North Adriatic Concession area has contracted renewable energy consultancy Megajoule to install multiple wind Lidars at gas platforms as part of the company’s Low Carbon Development Strategy. Lidar ZX 300M will be deployed to begin taking measurem
Wave energy specialist joins Net Zero Technology Centre’s industry panel
Mocean Energy’s managing director Cameron McNatt has joined the industry panel of the Net Zero Technology Centre, tasked with informing the centre’s board on the trends and opportunities a low-carbon future will bring.
BARTech, Yara win DNV’s AiP for wind propulsion tech
UK-based Marine engineering consultancy BAR Technologies (BARTech) has secured an approval in principle (AiP) from classification society DNV for wind propulsion technology WindWings developed in cooperation with Yara Marine Technologies.
DNV acquires Applied Risk to build cyber security powerhouse
Norway-based classification society DNV has decided to acquire Dutch cyber security specialist Applied Risk in an effort to create an industrial security powerhouse.
Gazprom bolsters LNG production and supply
Russian gas company Gazprom says it is continuing the implementation of the projects for the production and supply of liquefied natural gas (LNG).
Bakker Sliedrecht releases paper on maritime energy transition
The biggest challenge in the maritime environment for this generation is the energy transition. For centuries the focus of mankind was to sail and operate at sea in the most efficient way possible. All these years Bakker Sliedrecht has improved the vessel design with state-of-the-art-solutions to ma
Aibel to bank $560 million from four new contracts with Equinor
Norwegian oil and gas giant Equinor has signed contracts with Aibel worth around NOK 5 billion (about $560 million), including options.
Prysmian inks €68 million deal for new subsea power link in Italy
Prysmian has received a Letter of Award from Italian transmission system operator (TSO) Terna to develop a submarine power link between the island of Elba and the Italian mainland.