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MODEC gives FPSO decarbonization a leg up with solid oxide fuel cell tech

As part of its toolbox of initiatives aimed at curbing the carbon footprint from its floating production, storage, and offloading (FPSO) fleet, Japan’s MODEC has tasked Eld Energy, a Norwegian fuel cell system company, with the design and manufacture scope of work for a solid oxide fuel cell (SOFC) system pilot unit intended for installation on one of the Japanese player’s FPSOs. The post MODEC gives FPSO decarbonization a leg up with solid oxide fuel cell tech appeared first on Offshore Energy.

MPA, Firmus Technologies to examine if seawater cooling systems support sustainable AI infrastructure

The Maritime and Port Authority of Singapore (MPA) and Firmus Technologies, a Singapore-based technology company specializing in energy-efficient, AI-optimized infrastructure, have signed a memorandum of understanding (MoU) to collaborate on the study of sustainable, modular AI factories utilizing seawater for cooling. The post MPA, Firmus Technologies to examine if seawater cooling systems support sustainable AI infrastructure appeared first on Offshore Energy.

Seatrium secures $400 million sustainability-linked credit facility

Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB). The post Seatrium secures $400 million sustainability-linked credit facility appeared first on Offshore Energy.

Egypt weeks away from upping its security of gas supply with another FSRU

Energos Infrastructure, a joint venture between the U.S. energy infrastructure player New Fortress Energy (NFE) and Apollo Global Management, has got hold of a multi-year deal for one of its floating storage and regasification units (FSRUs), which will be deployed at a liquefied natural gas (LNG) import terminal in Egypt. The post Egypt weeks away from upping its security of gas supply with another FSRU appeared first on Offshore Energy.