Business Developments & Projects

Seanergy Maritime unveils new sustainability-linked loan
Greek shipowner Seanergy Maritime Holdings Corp. has secured a sustainability-linked loan facility to finance part of the acquisition cost of the M/V Worldship, a 181,400 dwt bulker.

Neptune comes up dry in North Sea well
Neptune has concluded the drilling of a wildcat well near the Snorre field in the Norwegian North Sea, but the well turned out to be dry.

OEEC ’21: Intro to Netherlands Energy Technology Platform
The Offshore Energy Exhibition & Conference (OEEC) got to hear more about the Netherlands Energy Technology Platform (NETP), as well as positioning the Dutch offshore wind industry from market experts on the first day of the event.

CGG wraps up Northern Viking Graben phase two
CGG has completed phase two of its Northern Viking Graben (NVG) multi-client 3D survey in the Northern North Sea.

Ocean Yield buys six VLCCs from International Seaways
Norwegian shipowner Ocean Yield has agreed to invest in six very large crude carriers (VLCCs).

World’s first flying hydrogen boat revealed at OEEC 2021
The young TU Delft Solar Boat team has revealed what is said to be the world’s first flying hydrogen-powered boat at the Offshore Energy Exhibition & Conference (OEEC) 2021.

OGA looks into ExxonMobil’s delayed sale of North Sea assets
The Oil and Gas Authority (OGA), has decided to investigate the delay in Esso’s proposed sale of 13 producing fields, including Elgin Franklin, to NEO.

Costa Cruises’ 2nd LNG-fueled ship completes sea trials, coin ceremony
Work continues on the construction of Costa Toscana, Costa Cruises’ second cruise vessel powered by liquefied natural gas (LNG).

Remote offshore inspections not just a vision, but very achievable
The future of offshore inspections lays in remotely operated vehicles and drones, with the end goal of minimizing the crews’ exposure to dangerous environments, making the operations safer, more efficient and sustainable, Lex Veerhuis, Fugro’s development manager for new business, said at OEEC 2021.

Orange Delta, Bluespring join forces for European-Asian offshore renewable projects
Singapore’s Orange Delta and the Dutch Bluespring have entered into a collaboration to offer a one-stop-shop for European-Asian offshore renewable energy projects.

Plans for new floating wind project revealed in Spain, green hydrogen production included
A joint venture between Spanish companies BlueFloat Energy and Sener has revealed plans for one of the first floating offshore wind farms in Andalusia, Spain. The project is planned to have an installed capacity of 300 MW and to potentially power green hydrogen production. Called Mar de Ágata, the f

GoodFuels, REG ink sustainable marine biofuels partnership
Dutch supplier of marine biofuels GoodFuels and US producer and supplier of renewable fuels Renewable Energy Group (REG) have entered a long-term agreement for the supply and development of sustainable marine biofuel solutions for the global shipping industry.

PSW developing shore power system for Northern Lights
PSW Power & Automation has won a contract with Aker Solutions to design and deliver the shore power system at the Northern Lights carbon capture and storage (CCS) project in the North Sea.

Siem Offshore vessel to feature Vard hybrid battery packs
Vard Electro has secured a contract to deliver its SeaQ Energy Storage System (ESS) with two battery packs and a DC link to Siem Offshore.