Business & Finance
All development consents in place for UK’s giant renewable electricity superhighway
To bring its largest green electricity transmission reinforcement project to life, the UK gave its consent for new converter stations and onshore and offshore cables.
Blue ammonia to be abundantly available for maritime industry by 2027, says Maersk Mc-Kinney Moller Center
Blue ammonia, an attractive fuel for the maritime industry, is expected to become available in significant quantities by 2027, with the potential for significant scale-up in production over subsequent years, according to a recent report by Maersk Mc-Kinney Moller Center for Zero Carbon Shipping. The
Repurposing NASA’s tech used to search for life on Mars to track oil & gas methane emissions
Drone and space age technology, developed by the NASA JPL to search for life on Mars, will now be used to detect offshore methane emissions.
Strohm’s deep-water TCP makes a splash in South America
Strohm has installed and commissioned its first deep-water, high-pressure thermoplastic composite pipe (TCP) jumper in South America for ExxonMobil Guyana. The jumper, incorporating advanced carbon fiber and polyamide12 materials, is used for water alternating gas (WAG) injection at ExxonMobil Guyan
Prosafe sees new opportunities for its vessels as tender activity for 2024 and beyond heats up
Prosafe is optimistic about the demand outlook for 2024 and beyond thanks to a substantial boost in tendering activity for this period.
Perenco and Carbon Catalyst win two more carbon storage licenses
Following the carbon storage license award to progress the Poseidon project over the Leman fields, Perenco UK and Carbon Catalyst have secured two further CO2 storage licenses in the Southern North Sea sector of the UK Continental Shelf (UKCS). The Orion carbon capture and storage (CCS) project enco
Industry’s first: Odfjell to install suction sails on a chemical tanker
Norwegian shipping company Odfjell in partnership with bound4blue, a Spanish developer of wind-assisted propulsion technology, will install the eSAIL® suction sail system on a chemical tanker, making it the first tanker vessel in the world to harness this type of technology. The eSAIL system, catego
All systems go for Equinor to kick off drilling ops with Odfjell rig
Equinor has received consent from Norway’s regulator to use one of Odfjell Drilling’s rigs for drilling ops in the Norwegian Sea.
Stolt Tankers adds Bochem Houston, 1st of 6 ammonia-ready newbuilds chartered from CMB
Stolt Tankers has welcomed into the fleet Bochem Houston, the first of six newbuilds hired from Belgian shipowner Compagnie Maritime Belge (CMB). The 26,000 dwt ship has joined the company’s Stolt Tanker Joint Service, bringing the number of ships in its deep-sea fleet to 84. The IMO Tier III tanker
Flying colors for Fugro USV in Danish waters
Fugro’s Blue Essence uncrewed surface vessel (USV) has completed its first project in Denmark, with operations being controlled remotely from the UK. Fugro reported that its 12-meter Blue Essence USV had completed the data acquisition of a cable route survey in the North Sea for Denmark’s Energy Isl
North Ammonia appoints new CEO
The Board of Directors at North Ammonia, a Norwegian green energy provider, has appointed new Chief Executive Officer (CEO). As disclosed, the new CEO is Mikkel Tørud who comes from the Oslo stock exchange listed renewable energy Scates ASA where he held several management positions, the most recent
Baker Hughes and Marine Power Systems shake hands to electrify oil & gas
Baker Hughes and Marine Power Systems (MPS) have set up a partnership to work together on delivering integrated solutions for the electrification of oil & gas facilities and their supporting subsea systems. According to the partners, meeting global net-zero targets requires a dual strategy where eff
With record high-voltage order backlog, NKT ups its 2023 financial outlook
NKT has set a record for its high-voltage order backlog in the second quarter of 2023, standing at €7.6 billion, an increase from €7 billion that was reported at the end of Q1 2023. Around 8% of the high-voltage order backlog is expected to be executed in the second half of 2023 and the remaining [&
Cunard fits entire fleet with shore power capabilities
British luxury cruise line Cunard, part of Carnival Corporation, has enabled its entire fleet to connect to shore power. Namely, the company’s Queen Elizabeth cruise ship has been fitted with shore power capabilities and now all three Cunard ships – Queen Mary 2, Queen Victoria, and Queen Elizabeth