Business Developments & Projects
Concession sought for 560 MW offshore wind farm in Adriatic Sea
As Italy’s first offshore wind farm, located in the Mediterranean Sea, enters construction and the state and local authorities are processing further projects off the country’s Mediterranean and Adriatic Sea coasts, a new application has been filed for the development of a 560 MW offshore wind farm.
Maersk acquires Portuguese logistics startup
Danish shipping giant A.P. Moller – Maersk has acquired HUUB, a Portuguese cloud-based logistics startup.
Wärtsilä reliquefaction tech picked for 3 new Knutsen LNG carriers
Finnish technology group Wärtsilä’s Compact Reliq reliquefaction plant will be installed on three new LNG carriers built for Norway-based Knutsen OAS Shipping.
Hyundai Heavy orders GTT tank design for 3 new LNG carriers
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered tank design for three new LNG carriers from French containment specialist GTT.
DFDS targets Eastern Europe with ICT Logistics acquisition
Danish ferry and logistics company DFDS continues to grow its logistics portfolio as it acquired compatriot freight forwarder ICT Logistics.
BP, NYK Line to work together to decarbonise shipping, other sectors
British oil and gas company bp and Japanese shipping major NYK Line have signed a memorandum of understanding (MOU) to collaborate on future fuels and transportation solutions to help industrial sectors, including shipping, decarbonise.
PGS concludes 3D survey in Barents Sea with new records
PGS has completed a simultaneous node and streamer acquisition for Lundin Energy and partners in PL1083 in the Barents Sea.
Report: Ithaca to buy Marubeni’s North Sea assets for $1 billion
Ithaca Energy has reportedly agreed to acquire Marubeni’s oil and gas assets in the North Sea in a deal valued at $1 billion.
SolarDuck and Pondera ink 555 MWp offshore solar deal
Dutch Pondera and SolarDuck have signed a memorandum of understanding (MoU) for the development of 555 MWp of offshore solar projects over the coming years.
Former boss of RWE Renewables to help lead BP’s business transformation
BP has elected a former CEO of RWE’s renewable business to head its gas & low carbon energy business as the current head is leaving.
Horisont Energi applies for CO2 storage license off Norway
Horisont Energi has submitted an application for a license to establish the Polaris CO2 storage facility off the coast of Finnmark, Norway. The purpose of the permit application is to establish storage for CO2 that is captured during the large-scale production of clean ammonia at the planned Barents
Swiss fund backs SINN Power with further €3 million
Schweizer Kapital Global Impact Fund is investing a further €3 million in SINN Power to support the market entry of the company’s Ocean Hybrid Platform (OHP) and the modular power electronics components ModTroniX (MTX).
JERA invests in Hydrogenious LOHC Technologies
JERA Americas, a US-based subsidiary of the Japanese energy giant, makes a $17.7 million investment in German hydrogen technologies company Hydrogenious LOHC.
Baltic Pipe lands in Poland
The offshore pipeline of the Baltic Pipe project has reached landfall in Poland, according to the latest update.