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Business & Finance

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Delta and Ceres enter hydrogen energy technology collaboration
Business & Finance

Delta and Ceres enter hydrogen energy technology collaboration

Taiwan-based electronics manufacturing company Delta Electronics has signed a long-term collaboration agreement, which includes technology transfer and licensing, with Ceres Power Limited, a subsidiary of UK-based developer of clean energy technology Ceres Power Holdings, to access Ceres’ hydrogen e

about 2 years ago
Coretrax has strengthened its well intervention capabilities after acquiring a complementary suite of technology from Wireline Drilling Technologies
Business & Finance
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New well technology suite and more work for UK firm

UK-headquartered well integrity and production optimization company Coretrax has expanded its well intervention capabilities by boosting its offering with a complementary technology from Wireline Drilling Technologies. Following the acquisition, the well lifecycle solutions provider secured a batch

about 2 years ago
Mariner field in the UK North Sea; Credit: Jamie Baikie and Michal Wachucik/Equinor
Business & Finance

Fight for ‘better’ work-life balance: Offshore drillers set their cap on three-month strike at North Sea platform

Around 100 offshore workers employed by Odfjell Technology have decided to embark on strike action to secure improvements to working rotas.

about 2 years ago
Floating solar project in Valencia reaches first milestones
Business & Finance

Floating solar demo project in Valencia reaches first milestones

BlueNewables, a Spanish engineering consultancy supporting the marine energy sector, is moving forward with its floating solar demonstration project in Valencia with the first round of contacts with main suppliers finished. BlueNewables reported on January 18 that its 1 MW PV-bos project in Valencia

about 2 years ago
N-Sea's fleet to welcome yet another vessel
Business & Finance

N-Sea’s fleet to welcome yet another vessel

Another vessel is set to join N-Sea Group’s fleet as the company has chartered a 2016-built offshore support vessel for IRM, survey, UXO and cable operations. N-Sea has entered into an agreement with Rederij Groen to long-term charter the modern offshore support vessel Aquarius-G. With its length of

about 2 years ago
Snøhvit Future (illustration); Source: Equinor
Business & Finance

LNS picks up multi-billion deal for project designed to reinforce Norway’s gas supplier position

Equinor has hand-picked Leonhard Nilsen & Sønner (LNS), headquartered in Andøy in Nordland county, for work at its Snøhvit Future project.

about 2 years ago
Höegh Autoliners bags long-term deal with East Asian auto giant ahead of Aurora-class fleet debut
Business & Finance

Höegh Autoliners bags long-term deal with East Asian auto giant ahead of Aurora-class fleet debut

Oslo-based shipping company Höegh Autoliners ASA has revealed a new contract with a major East Asian car producer to transport cars, predominantly electric vehicles (EVs), from Asia to Europe. Valid until the conclusion of 2028, the agreement signifies a significant step for the company in the autom

about 2 years ago
IK Group makes 'giant leap' into Asian market with new contract
Business & Finance

Norwegian subsea company makes ‘giant leap’ into Asian market with new contract

Norwegian supplier of subsea products and services IK Group has secured a contract to deliver clamps to an oil & gas pipeline emergency repair base in China, said to mark a giant leap for the company into the Asian market. IK Subsea and its in-country partner PAG Subsea Technology (Guangzhou) have s

about 2 years ago
Illustration: Source: Wood Mackenzie
Business & Finance

WoodMac’s gas and LNG trends to watch in 2024

Aside from European gas prices being down 45%, Wood Mackenzie’s forecast indicates that flat global demand is on the horizon this year.

about 2 years ago
Clean Hydrogen Partnership issues €113.5M call for hydrogen projects
Business & Finance

Clean Hydrogen Partnership issues €113.5M call for hydrogen projects

Clean Hydrogen Partnership has launched a new hydrogen research call for proposals where a total of €113.5 million will be made available through Horizon Europe for projects to cover R&I activities across the whole hydrogen value chain. Furthermore, an additional €60 million, coming from the RePower

about 2 years ago
Illustration; Source: FutureOn
Business & Finance

New cost estimation tool streamlines decision-making for oil & gas and offshore wind projects

FutureOn and Rystad have launched a digital tool that integrates up-to-date cost estimation with live project data for energy developments.

about 2 years ago
Illustration; Source: Shell
Business & Finance

Shell sanctions North Sea tie-back to TotalEnergies’ UK gas hub

Shell has taken a final investment decision (FID) to develop a gas field in the UK sector of the North Sea.

about 2 years ago
Danish Shipping
Business & Finance

Industry titans Maersk and Hapag-Lloyd forge operational cooperation deal

Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally

about 2 years ago
UK plans new 2 GW interconnector to ensure electricity transmission network is fit for future
Business & Finance

UK plans new 2 GW interconnector to ensure electricity transmission network is fit for future

A geophysical survey is currently underway at a new proposed HVDC interconnector in the UK that will reinforce the electricity network between Suffolk and Kent, contributing to the UK’s 2050 net-zero goal. The 2 GW Sea Link, developed by National Grid Electricity Transmission (NGET), will be approxi

about 2 years ago