Business Developments & Projects
Danfoss powering first Portuguese-built electric ferry
Danish engineering company Danfoss is powering what is said to be the first Portuguese-built fully electric ferry, set to replace its diesel-powered counterpart.
Statkraft gives go-ahead for reconstruction of Albania’s floating solar unit
Statkraft has approved the reconstruction of the floating solar unit in Albania after suffering severe damage earlier this year.
DNV, Arcadis awarded €1.7 million to support IJmuiden Ver offshore wind site studies
The Netherlands Enterprise Agency (RVO) has awarded DNV and Arcadis with contracts totaling EUR 1.7 million, under which the two companies will support RVO in managing offshore wind farm site studies at the six sites within the IJmuiden Ver Wind Farm Zone (IJVWFZ). DNV, whose contract is worth €561,
SCF secures green loan for 2 new shuttle tankers
Russia’s largest shipping company PAO Sovcomflot (SCF Group) has signed a new $110 million credit facility to finance two new ice-class shuttle tankers.
Saipem to get over $600 million from two fresh deals
Saipem has been awarded two new offshore contracts for transportation and installation activities for a total amount of over $600 million.
EuropeWave picks independent wave energy experts
The €20 million EuropeWave project has selected independent specialists who will provide technical expertise during the assessment of applications as part of the five-year collaborative programme.
Havila Kystruten welcomes its first hybrid coastal cruise ship
Norwegian shipping company Havila Kystruten has taken delivery of Havila Capella, one of its newbuild hybrid-powered vessels.
Saab Seaeye breaks personal record as Ocean Infinity orders 10 eWROVs
Saab Seaeye has signed a contract with launch customer Ocean Infinity for ten of its new electric work remotely operated vehicles (eWROVs).
Corvus Energy, Sanmar Shipyards team up on zero-emission tugs
Turkish shipbuilder Sanmar Shipyards and Norway’s energy storage company Corvus Energy have signed a cooperation agreement to build hybrid and zero-emissions battery electric tugs marking a step forward towards the creation of an environmentally-friendly towage industry.
Coral-Sul FLNG vessel ready to serve Mozambique
Italian oil and gas company Eni held the naming and sail away ceremony of the Coral-Sul FLNG at Samsung Heavy Industries shipyard in Geoje, South Korea. With a capacity of 3.4 million tonnes of LNG annually, the FLNG vessel will be located in the Rovuma basin offshore Mozambique. It marks the first
Shell to ditch dual share structure and Royal designation to speed up transition
Royal Dutch Shell will simplify its share structure and remove the Royal designation from its name to speed up its transition.
RWE to invest €50 billion in renewables, green hydrogen, energy storage
RWE will invest €50 billion gross in offshore wind and other renewables, hydrogen, flexible generation and batteries until 2030, by which time the company plans to double its portfolio to 50 GW from the previously planned 25 GW. In offshore wind, the company intends to triple its capacity from 2.4 G
Nexans Aurora starts installing Greek subsea interconnector cable
Nexans’ new cable-laying vessel (CLV) Nexans Aurora has begun installing the 500 kV HVDC subsea interconnector cable between the island of Crete and mainland Greece.
EnerMech inks long-term contract with TAQA for North Sea services
EnerMech has secured a five-year contract with TAQA to support its UK Continental Shelf (UKCS) portfolio in the North Sea.