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Business Developments & Projects

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Stena Line aims for 5% CO2 emissions reduction using AI
Business Developments & Projects

Stena Line aims for 5% CO2 emissions reduction using AI

Swedish ferry company Stena Line has announced that seven of its vessels now operate with artificial intelligence (AI) assistance, with the aim to reduce fuel consumption and CO2 emissions by 5%.

about 5 years ago
Acorn
Business Developments & Projects

Ineos, Petroineos to store 1 mln tonnes of CO2 at Acorn project by 2027

The Acorn Project partners – Storegga, Shell, and Harbour Energy – have signed a memorandum of understanding (MOU) with Ineos and Petroineos at Grangemouth to develop Scotland’s first carbon capture and storage system linking the industrial heartland to the Acorn CO2 transport and storage hub in by

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about 5 years ago
Hyundai orders MAN’s ME-GA dual-fuel engines for 6 LNG carriers
Business Developments & Projects

Hyundai orders MAN’s ME-GA dual-fuel engines for 6 LNG carriers

South Korean Hyundai Heavy Industries’ Engine Machinery Division (HHI-EMD) has placed an order for two MAN Energy Solutions’s ME-GA dual-fuel engines to be installed on each of the six 174 000 cbm LNG carriers.

about 5 years ago
An image illustrating H-Wind green hydrogen production concept
Business Developments & Projects

Offshore wind-to-hydrogen project launched in Ireland

A new project aiming to advance development of green hydrogen production powered by offshore wind has been launched in Ireland. The H-Wind project, led by UCC MaREI Research Centre, is being co-funded by Science Foundation Ireland and four industry partners: Gas Networks Ireland, DP Energy, ESB, and

about 5 years ago
Maersk Intrepid rig
Business Developments & Projects

Maersk rig gets more Martin Linge work

Maersk Drilling has secured an extended well intervention scope with Equinor off Norway for the low-emission rig Maersk Intrepid.

about 5 years ago
Shearwater - Shell
Business Developments & Projects

Covid-19 outbreak hits Shell’s North Sea hub

An outbreak of Covid-19 on a Shell-operated field off the UK has forced the oil major to remove dozens of workers from the North Sea hub.

about 5 years ago
An image mapping RWE's offshore wind farm project site in Ireland
Business Developments & Projects

RWE to apply for development consent for 900 MW OWF under Ireland’s new law

Following Ireland’s launch of the National Marine Planning Framework (NMPF) on 1 July, RWE Renewables announced its intention to apply for development consent to build a 900 MW offshore wind farm under the new Maritime Area Planning (MAP) legislation once the new consenting framework is established.

about 5 years ago
Baltic Pipe construction at full throttle with 50km done
Business Developments & Projects

Baltic Pipe construction at full throttle with 50km done

Saipem’s pipelay vessel Castorone has installed 50 kilometers of the gas pipeline for the Baltic Pipe project in the Baltic Sea. Approximately 225 kilometers remain to be laid by Saipem’s pipelay trio of Castorone, Castoro Sei and Castoro 10, project developers reported. Castorone began laying the o

about 5 years ago
Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd wraps up NileDutch acquisition

Germany’s Hapag-Lloyd — the world’s fifth-largest container shipping company — has closed the acquisition of the Dutch container shipping specialist Nile Dutch Investments B.V. (NileDutch).

about 5 years ago
Illustration/Buried Ocean Battery concept (Courtesy of Ocean Grazer)
Business Developments & Projects

Ocean Grazer sees energy storage as final piece of energy transition puzzle

Dutch clean technology start-up Ocean Grazer has completed the first live test phase of its Ocean Battery energy storage system, deemed as a ‘missing link’ in the global energy transition movement.

about 5 years ago
Alfa Laval invests in air lubrication technology
Business Developments & Projects

Alfa Laval invests in air lubrication technology

Sweden-based Alfa Laval has acquired a minority stake in the Netherlands-based technology company Marine Performance Systems, a developer of air lubrication technology for ships. The air lubrication technology generates microbubbles under the ship’s hull, reducing friction between the ship and the w

about 5 years ago
NES
Business Developments & Projects

NES to convert Fjord1 ferries to zero-emission battery operation

Norway’s ferry operator Fjord1 has contracted Norwegian Electric Systems AS (NES) to act as a system integrator and deliver power control, distribution and battery systems to three ferries that will be converted from gas and diesel propulsion to zero-emission battery operation.

about 5 years ago
Eni agrees on Egypt hydrogen production
Business Developments & Projects

Eni agrees on Egypt hydrogen production

Italian energy giant Eni has signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess projects of hydrogen production in Egypt.

about 5 years ago
Lloyd’s Register gives first-ever UMS certificate to SEA-KIT
Business Developments & Projects

Lloyd’s Register gives first-ever UMS certificate to SEA-KIT

SEA-KIT’s latest unmanned surface vessel (USV) has received Unmanned Marine Systems (UMS) certification by Lloyd’s Register, becoming the first-ever to achieve this milestone. The 12-meter X-class USV, delivered to Fugro, received the new UMS certification on 28 June. SEA-KIT said it had worked clos

about 5 years ago