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Deepwater frontiers calling: Yinson Production’s FPSO hull design with low-carbon kit wins DNV’s blessing

Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has unveiled a purpose-built floating production storage and offloading (FPSO) hull design, which has secured main scantling approval (MSA) from DNV, a Norwegian classification society. The post Deepwater frontiers calling: Yinson Production’s FPSO hull design with low-carbon kit wins DNV’s blessing appeared first on Offshore Energy.

NYK inks new CO2 removal credits deal

Japanese shipping company NYK has signed a new agreement with carbon capture, utilization, and sequestration (CCUS) company 1PointFive to purchase carbon dioxide removal (CDR) credits, neutralizing residual emissions and contributing to achieving net-zero by 2050. The post NYK inks new CO2 removal credits deal appeared first on Offshore Energy.

UK’s first green shipping corridor is in the making

The UK-based clean energy enabler NatPower Marine and compatriot port operator Peel Ports Group are set to commence installation of shore power at Heysham in September 2025. The post UK’s first green shipping corridor is in the making appeared first on Offshore Energy.

Hanwha’s 7th-gen drillship kicks off maiden contract with Petrobras

A seventh-generation drillship owned by Hanwha Drilling, part of South Korea’s Hanwha Ocean, has commenced its assignment with Brazil’s state-owned energy giant Petrobras in the country’s Campos basin. The post Hanwha’s 7th-gen drillship kicks off maiden contract with Petrobras appeared first on Offshore Energy.

$19 billion merger deal is off: ADNOC’s XRG ends takeover talks with Santos

A consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has withdrawn its $18.7 billion non-binding indicative offer for Australia’s energy player Santos. The post $19 billion merger deal is off: ADNOC’s XRG ends takeover talks with Santos appeared first on Offshore Energy.

Vessel quintet addition sets the stage for 49-strong fleet to scale up UAE firm’s reach and capabilities

Dubai-based offshore vessel operator Astro Offshore, an Adani Group company, has expanded its fleet with four platform supply vessels (PSVs) and one multipurpose supply vessel (MPSV), which boost the UAE-headquartered firm’s operational efficiency and fleet versatility. The post Vessel quintet addition sets the stage for 49-strong fleet to scale up UAE firm’s reach and capabilities appeared first on Offshore Energy.

Elcogen opens new solid oxide technology facility, boosting production to 360 MW

Estonian clean energy technology manufacturer Elcogen has officially opened ELCO I, a solid oxide technology facility on the outskirts of Tallinn, increasing the company’s available production capacity from 10 MW to 360 MW. The post Elcogen opens new solid oxide technology facility, boosting production to 360 MW appeared first on Offshore Energy.

Elcogen opens solid oxide fuel cell factory in Estonia | Hydrogen

European technology firm Elcogen has opened a 14,000 sq m solid oxide fuel cell facility in Tallinn, Estonia. The ELCO I site delivers a significant jump in production capacity – from 10MW to 360MW – and its cells, stacks and modules can be integrated into third-party systems for a wide range of applications including distributed energy, off-grid and stationary power, industrial backup, green hydrogen production, and power-to-X solutions. “This new facility is built for scale, speed, and global impact,” said Enn Õunpuu, CEO of Elcogen. “As demand for reliable solid oxide-based clean energy … accelerates worldwide, Elcogen is now … positioned to deliver the high-performance technology the market needs, at commercial volumes.” The €50m operation is powered by a 9MW energy supply from the nearby Iru Waste-to-Energy Plant and incorporates sustainability measures such as process heat reuse and… Read More »Elcogen opens solid oxide fuel cell factory in Estonia | Hydrogen

Rostock and Pecém ports join forces on green (energy) corridor

Germany’s Rostock Port and Brazil’s Port of Pecém have signed a memorandum of understanding (MoU) to jointly develop a transport corridor through which green energy and green products from Brazil can be imported to Germany and Eastern Europe. The post Rostock and Pecém ports join forces on green (energy) corridor appeared first on Offshore Energy.