Outlook & Strategy
Enhanced Drilling secures five-year contract with Equinor
Norway’s Enhanced Drilling has announced a new five-year contract with Equinor, including the use of all Enhanced Drilling technologies. This frame agreement, which took effect on February 1, 2024, is the first of its kind for Enhanced Drilling. It is for operations on the Norwegian continental shel
Liquid Wind and partners launch design & performance center to boost eFuel innovation and production
Swedish electrofuel developer Liquid Wind, together with its partners Alfa Laval, Carbon Clean, Siemens Energy, and Topsoe, has launched the eFuel Design & Performance Center (DPC) in Hørsholm, Denmark. The launch of DPC builds on Liquid Wind’s partnership formed in 2020 and the recently announced p
Minesto: Functionality of Dragon 12 megawatt-scale tidal energy kite verified
Minesto’s 1.2 MW Dragon 12 tidal powerplant has delivered as expected during its first phase of operation at its grid-connected monopile seabed foundation in Vestmannasund, Faroe Islands, the Swedish company reported. The 25-ton Dragon 12 tidal energy kite was commissioned in the early morning of Fe
Danish firm rolls out energy-saving fuel supply system for methanol
Danish engineering company Eltronic FuelTech has launched a new system for supplying fuel from tanks to engines of methanol-powered ships. According to the company, the system can reduce costs and save energy for shipping companies while enhancing safety. In the wake of the naming of Laura Maersk, A
Rio Tinto hires Njord for two-ship green retrofit project
Njord, a Denmark-based green technology business founded by Maersk Tankers, is partnering with Rio Tinto, a British-Australian mining group and one of the world’s largest dry-bulk shippers, to cut fuel consumption and emissions.
With number of agreements signed, PGS to stay busy in period ahead
Norwegian seismic company PGS has signed an agreement with Shell for its cloud-based digital asset management solution designed specifically for seismic data, which is set to enable the UK-headquartered energy giant to streamline access to seismic data and accelerate workflows. This Data OnDemand Ag
BOTAŞ and EGAS to enhance energy relations, LNG in spotlight
Turkish natural gas company BOTAŞ and Egyptian natural gas company EGAS have agreed to strengthen their energy relations, putting an emphasis on natural gas and LNG trading opportunities, cooperation on natural gas infrastructure and underground storage, as well as sharing technical information and
Minesto scales up its Faroe Islands roadmap to 200 MW tidal energy buildout (Video)
Swedish ocean energy developer Minesto has upgraded its roadmap to a 200 MW tidal energy buildout in the Faroe Islands, said to come as a response to the growing demand for renewable energy. The Faroe Islands has one of the world’s most ambitious energy transition schemes, aiming for 100% renewables
Rotterdam on track to becoming truly sustainable port
Despite a slight decline in total cargo throughput, 2023 was a year of success for the Port of Rotterdam which is making significant strides in becoming more sustainable.
Thermoplastic composite pipe suitable for high-pressure hydrogen service, Strohm says
Thermoplastic composite pipes (TCP) have shown exceptionally low hydrogen permeation values, demonstrating technical suitability for high-pressure hydrogen service, Dutch TCP producer Strohm reported following a TCP hydrogen testing program. Strohm recently completed an extensive six-month hydrogen
ZeroNorth, Alpha Ori close merger to help accelerate zero emissions shipping
Denmark-based technology company ZeroNorth and Singapore’s software developer Alpha Ori Technologies have completed a merger after receiving all required regulatory approvals.
VARO partners with Orim Energy to provide biofuels in Amsterdam-Rotterdam-Antwerp region
Switerzland-based VARO Energy and Orim Energy, an independent oil trading company that specializes in the blending and bunkering of marine fuels, have formed a partnership to provide biofuels to shipping customers in the Port of Rotterdam and wider Amsterdam-Rotterdam-Antwerp (ARA) region. According
Rescue vessel to undergo makeover to get ready for renewables
Scottish subsea specialist Sulmara is set to repurpose an emergency response rescue vessel (ERRV) into a multi-purpose support vessel (MPSV) with the addition of equipment to suit the renewables market. Sulmara has signed a three-year deal with Atlantic Offshore to charter the 67-meter DPII multi-pu
Greek cable maker joins EU’s ‘decarbonizing one-stop shop for small islands’ project
Greek cable manufacturer Hellenic Cables has joined a Horizon 2020 EU-funded project that aims to develop a one-stop solution in a multi-use platform (MUP) that will produce electricity and freshwater using wind and wave power for small islands. The MUSICA project will provide a full suite of Blue G