Business Developments & Projects

TTI launches NetBuoy design tool for wave energy developers
Tension Technology International (TTI) has developed the NetBuoy design tool under Wave Energy Scotland’s materials and manufacturing programme.

SINTEF commits to solving challenges related to ammonia as marine fuel
Norway-based research organization SINTEF intends to work on solving research hurdles linked to the use of ammonia as a zero-emission fuel for the shipping sector.

Unique Group picks subsea survey equipment agent for Scandinavian region
UAE-based marine and subsea solutions provider Unique Group has appointed GoSubsea as its survey equipment agent for the Scandinavian region.

Three major industry players join forces to deliver CCUS projects in UK
Aker Solutions, Siemens Energy and Doosan Babcock have formed a consortium which will see the three companies draw upon more than 450 years of combined experience to develop technology and solutions for the growing UK carbon capture, utilization and storage (CCUS) market. The main objective of the c

Vår Energi granted permit to drill Barents Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Vår Energi a drilling permit for a wildcat well located in the Barents Sea off Norway.

GTT scores LNG tank design order from Hyundai Samho
French LNG containment specialist GTT has received an order for the tank design of two new LNG carriers from the Korean shipyard Hyundai Samho Heavy Industries (HSHI).

Noreco enters CCS project in Danish North Sea
Noreco has entered into a CCS partnership with Ørsted and DTU together with partners in the DUC on progressing CCS in the Danish North Sea.

Minesto extends tidal PPA with electric utility SEV as plans for scale-up take shape
Swedish marine energy developer Minesto has signed a two-year extension of its power purchase agreement (PPA) with the electric utility company SEV for its tidal energy site in Vestmannasund, Faroe Islands.

Norway grants €7.7M for Scatec-led floating solar hybrid scheme
Green Platform, a programme set up by the Norwegian government to accelerate green energy transition, has awarded NOK 79 million (€7.7 million) for the development of a hybrid hydropower and floating solar energy project led by Scatec.

DFDS eyes its 1st green vessel by 2025
Danish ferry and logistics company DFDS revealed plans to launch its first green vessel no later than 2025.

Gazprom Neft and Sovcomflot partner for low-carbon marine fuels
Gazprom Neft, a unit of Russian gas giant Gazprom, and shipping owner Sovcomflot have signed a deal to work on several low-carbon marine fuels to lower emissions in the Russian Arctic.

FSRU Independence in 250th ship-to-ship operation
Lithuanian LNG terminal operator Klaipedos Nafta has marked the 250th ship-to-ship LNG transfer performed to/from FSRU Independence.

Sonardyne adds new model to hybrid subsea navigation tech
Marine technology company Sonardyne has introduced a new version of the hybrid, underwater and surface vehicle navigation platform, SPRINT-Nav Mini.

Prysmian and Asso.subsea secure floating wind contract in France
The consortium of Prysmian Group and Asso.subsea has signed a contract with RTE, Réseau de Transport d’Électricité, for the development of an export submarine power cable system for the Gruissan floating offshore wind farm located in Southern France. Under the contract worth some €30 million, Prysmi