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Masdar and Lhyfe partner up for large-scale hydrogen projects in Europe

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Abu Dhabi Future Energy Company (Masdar) and French renewable hydrogen producer Lhyfe have entered a memorandum of understanding (MoU) to explore potential co-development opportunities in large-scale green hydrogen production projects in Europe. The post Masdar and Lhyfe partner up for large-scale hydrogen projects in Europe appeared first on Offshore Energy.

Norwegian oil & gas electrification story takes another step forward with multimillion-dollar deal

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Equinor has made a move to progress its offshore oil and gas electrification plans on the Norwegian Continental Shelf (NCS) by handing out a contract for early stage engineering services to Multiconsult Norge, in collaboration with subcontractors Aker Solutions and fully owned subsidiary LINK Arkitektur. The post Norwegian oil & gas electrification story takes another step forward with multimillion-dollar deal appeared first on Offshore Energy.

Damen: Steel cut for BC Ferries’ third fully electric vessel

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Romania-based Damen Shipyards Galati, a subsidiary of Dutch shipbuilder Damen Shipyards Group, has cut the first steel on the third all-electric Island-class vessel ordered by Canadian ferry operator BC Ferries. The post Damen: Steel cut for BC Ferries’ third fully electric vessel appeared first on Offshore Energy.

US DOE backs Plug Power’s hydrogen buildout with $1.66 billion loan guarantee

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U.S. hydrogen solutions company Plug Power has closed a $1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to support its hydrogen buildout. The post US DOE backs Plug Power’s hydrogen buildout with $1.66 billion loan guarantee appeared first on Offshore Energy.

Thai player welcomes inaugural LNG shipment

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Gulf LNG, a subsidiary of Thailand’s Gulf Energy Development, has received its first liquefied natural gas (LNG) cargo. The post Thai player welcomes inaugural LNG shipment appeared first on Offshore Energy.

H2SITE raises €36 million to advance hydrogen technology

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Spain-based hydrogen solutions provider H2SITE has secured €36 million in its Series B funding round from a consortium of investors to advance the deployment of its proprietary hydrogen technology. The post H2SITE raises €36 million to advance hydrogen technology appeared first on Offshore Energy.