Business Developments & Projects
COP26: UK MPs prefer co-financed shore power model in ports
A survey of over 100 UK members of parliament (MPs) for the British Ports Association has revealed a tentative consensus for a joint model of funding for shore power in ports.
ICS, IMO, Green Climate Fund discuss provision of $1.5 million to fast track R&D
The International Maritime Organization (IMO) and the International Chamber of Shipping (ICS) have met with the Green Climate Fund (GCF) to discuss funding options for the proposed ‘IMO Maritime Research Fund’ (IMRF).
Equinor assembling supplier team for Barents Sea project
Equinor is putting together a team of Norwegian suppliers for the development of its operated Wisting field in the Barents Sea.
Wärtsilä secures scrubbers deal with Trasmed GLE S.L.
Spanish company Trasmed GLE, a part of the logistics firm Grimaldi Group, has selected Finland-based Wärtsilä Exhaust Treatment to install the open-loop exhaust gas abatement technology on two of its roll-on/roll-off passenger ferries.
Maersk Drilling to merge with Noble
Danish offshore drilling contractor Maersk Drilling has entered into a definitive agreement to combine with Noble Corporation in a primarily all-stock transaction.
Aberdeen City invests $20.3 m in hydrogen hub
Aberdeen City Council has invested $20.3 million (£15million) to accelerate delivery of its hydrogen hub and reinforce efforts to build a hydrogen economy in this Scottish port city.
Berg teams up with Yaskawa/The Switch for electric propulsion
Berg Propulsion has signed a key supplier and cooperation agreement with Yaskawa Environmental Energy/The Switch to accelerate drive into electric propulsion.
Baker Hughes and Shell unite to speed up global energy transition
Baker Hughes and Shell have joined forces to speed up the energy transition and reach net-zero carbon emission goals.
First Subsea opens dedicated CPS production facility
First Subsea has opened a dedicated production facility for cable protection systems (CPSs) in Lancaster, UK, in order to meet the demand from the offshore wind market.
Maersk, Vestas team up on all containerised transport
Danish shipping company A.P. Moller – Maersk and its compatriot wind turbines manufacturer Vestas have formed a long-term strategic partnership for all containerised transport.
CMA CGM, ENGIE join forces on synthetic methane, BioLNG production to decarbonize shipping
CMA CGM Group and ENGIE join forces on industrial-scale production and distribution of synthetic methane and liquefied biomethane (BioLNG).
CGG seismic data to back Northern Lights JV’s CO2 storage projects
CGG has licensed its high-end Northern Viking Graben multi-client seismic data set in the Northern North Sea to Northern Lights JV DA, for use in its ongoing and future CO2 storage developments.
Nova Innovation, SIMEC Atlantis join forces to turbo charge tidal energy industry
Scottish tidal energy companies Nova Innovation and SIMEC Atlantis Energy have entered into collaboration agreement with the goal of delivering more UK-built tidal turbines in the water, turbo charging the tidal industry.
Mission Innovation: Govts commit to accelerate innovation in clean energy technologies
22 Governments and the European Commission, collaborating through Mission Innovation, have announced four missions to catalyse investment and action to make the clean energy technologies that will decarbonise the most challenging sectors.