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$6.8 billion project accelerates Guyana’s oil boom: ExxonMobil’s seventh development is a go

A multibillion-dollar boost is on the horizon for the Guyanese economy, thanks to a $6.8 billion investment, which ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has set its cap on pouring into the development of its seventh offshore oil project in the Stabroek block off the coast of Guyana. The post $6.8 billion project accelerates Guyana’s oil boom: ExxonMobil’s seventh development is a go appeared first on Offshore Energy.

Tampnet secures roam-free mobile coverage for North Sea assets

Tampnet, a Norway-headquartered provider of offshore high-capacity and low-latency connectivity services, has signed a mobile-sharing agreement with Dutch mobile phone company ODIDO Netherlands covering assets in the North Sea. The post Tampnet secures roam-free mobile coverage for North Sea assets appeared first on Offshore Energy.

Plastic ‘can be ammonia feedstock and more,’ says startup CEO | single trailer-sized space

The latent potential of unrecyclable plastic waste to be put to better value-added uses has not be unlocked yet, but the potential is there. The message comes from Ed VanDyne, CEO of US startup Plastic to Green, which has a proposition to use plasma-based technologies, using ionised gas, to convert all types of waste plastic into three key materials of real value: green ammonia, carbon black, and nitrogen-doped graphene. What’s striking about this is the intrinsic value of these outputs, which make the economics of the whole venture look very strong on paper. “Nitrogen-doped graphene is valued at about $2000 per gram today, with many essential uses in markets that are growing fast,” said VanDyne. “Carbon black, similarly, is a fine black powder made from elemental carbon and it has a growing list of valuable… Read More »Plastic ‘can be ammonia feedstock and more,’ says startup CEO | single trailer-sized space

Irish Sea project could grow UK gas storage and pave way for hydrogen | Gases | Gas News

A proposed storage development in the Irish Sea has the potential to double the UK’s limited natural gas storage capacity, while also being designed to accommodate future low-carbon molecules such as hydrogen and carbon dioxide. The project is being advanced by Dublin-based dCarbonX, which earlier this year secured a licence from the North Sea Transition Authority to redevelop the depleted Bains gas field. If developed, the site could provide several days of backup supply for the UK, which has historically relied heavily on imported liquefied natural gas (LNG) cargoes and pipeline flows to balance seasonal demand. Gas storage has become a renewed priority since the closure of the Rough gas storage facility in 2017 and the market volatility triggered by Russia’s invasion of Ukraine. At present, the UK’s storage capacity covers less than 2% of… Read More »Irish Sea project could grow UK gas storage and pave way for hydrogen | Gases | Gas News

EU-US energy deal seen as political symbol, not LNG game-changer

A recent study by the international intergovernmental organization Gas Exporting Countries Forum (GECF) has highlighted the potential impacts the trade deal signed between the US and the EU could have on liquefied natural gas (LNG) market dynamics. The post EU-US energy deal seen as political symbol, not LNG game-changer appeared first on Offshore Energy.

Sable dismisses ‘inflammatory’ legal claims over Californian pipelines’ restart

Texas-based oil company Sable Offshore has denied any wrongdoing in its efforts to restart two pipelines connecting its assets offshore California to an onshore processing facility, following legal action brought by the Santa Barbara County District Attorney’s Office. The post Sable dismisses ‘inflammatory’ legal claims over Californian pipelines’ restart appeared first on Offshore Energy.

Sperry Marine solutions picked for Samskip’s hydrogen-powered boxship duo

The UK-based specialist in navigation solutions for seagoing vessels Sperry Marine, part of Northrop Grumman, has been selected to supply the complete integrated bridge systems for two hydrogen-powered containerships under construction for Dutch logistics solutions provider Samskip. The post Sperry Marine solutions picked for Samskip’s hydrogen-powered boxship duo appeared first on Offshore Energy.

Chevron, Anadarko, and Westlawn shake hands on oil & gas exploration offshore Peru

As three oil and gas players  — Chevron, Anadarko, and Westlawn  — have forged a consortium to pursue hydrocarbon exploration off the coast of Peru, the results of a previously undertaken 3D marine seismic survey are the first item on their agenda, followed by a drill-or-drop decision. The post Chevron, Anadarko, and Westlawn shake hands on oil & gas exploration offshore Peru appeared first on Offshore Energy.