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OMV secures €123m for Austria green hydrogen project

The funding deal was signed by OMV and Austria Wirtschaftsservice – the promotional bank of the Austrian federal government. OMV is currently building the 140MW plant in Bruck an der Leitha – a town in eastern Austria. The project was previously assessed and recommended for funding by the European Hydrogen Bank. The plant is expected to produce up to 23,000 tonnes of green hydrogen using renewable energy from wind, solar, and hydropower, starting from the end of 2027. According to OMV, this could save up to 150,000 tonnes of carbon emissions per year and enable decarbonisation of the Schwechat refinery. “By generating green hydrogen locally, this plant with a 22km pipeline running directly to the OMV refinery in Schwechat will make a considerable contribution to our decarbonisation,” said Martijn van Koten, OMV Executive Vice President,… Read More »OMV secures €123m for Austria green hydrogen project

Uniper signs for 500,000 tonnes of Indian green ammonia

The first shipment is expected to happen as early as 2028 from AM Green Ammonia’s first one -million-tonne-per-annum plant – currently under construction in Kakinada, Andhra Pradesh. AM Green Ammonia is AM Green’s dedicated platform for producing green ammonia. The ammonia will be certified as a renewable fuel of non-biological origin, under European rules, and is designed to meet “stringent European compliance standards,” according to Anil Kumar Chalamalasetty, Founder of Greenko Group and AM Green. “Green ammonia stands out as one of the most promising solutions to decarbonise CO2-intensive production of chemicals, fertiliser and, through green hydrogen, also in refining,” said Michael Lewis, CEO of Uniper. The fuel offers the lowest CO2 avoidance costs compared with other renewable and low carbon molecules. This is due to a relatively mature production process that does not need… Read More »Uniper signs for 500,000 tonnes of Indian green ammonia

Extension arranged with Samsung Heavy Industries as US LNG project nears FID

Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has agreed to prolong a letter of award (LOA) with South Korea’s Samsung Heavy Industries (SHI) for the job related to the first floating LNG (FLNG) unit destined to be deployed at its American LNG project under development in Louisiana, United States. The post Extension arranged with Samsung Heavy Industries as US LNG project nears FID appeared first on Offshore Energy.

FEED gig for LNG project on US Gulf Coast comes KBR’s way

U.S.-headquartered science, technology, and engineering player KBR has won a front-end engineering design (FEED) contract for a planned multi-train liquefied natural gas (LNG) export facility on the Texas Gulf Coast, United States. The post FEED gig for LNG project on US Gulf Coast comes KBR’s way appeared first on Offshore Energy.

Navitas expanding its oil & gas footprint in Falkland Islands

Israel’s Navitas Petroleum has taken steps to bolster its oil and gas portfolio off the coast of the Falkland Islands with a non-binding deal to get a majority stake in a license within the North Falkland Basin.   The post Navitas expanding its oil & gas footprint in Falkland Islands appeared first on Offshore Energy.

African offshore oil field set to come online by month-end

Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, is planning to start oil production from an oil field off the coast of Benin by the end of January 2026. The post African offshore oil field set to come online by month-end appeared first on Offshore Energy.

Larsen & Toubro snaps up partner’s stake in heavy-lift and pipelay vessel

Malaysia’s oil and gas services provider Vantris Energy, formerly known as Sapura Energy, has opted to sell its interest in L&T-Sapura Shipping Pvt. Ltd. (LTSSPL) to its joint venture partner, Larsen & Toubro (L&T). The post Larsen & Toubro snaps up partner’s stake in heavy-lift and pipelay vessel appeared first on Offshore Energy.

Shell hands out more work to Vallourec for subsea oil & gas project

French provider of tubular solutions Vallourec has secured a new deal with the UK-headquartered energy giant Shell for the supply of oil country tubular goods (OCTG) products and services for offshore operations related to the development of a giant deepwater project off the coast of Brazil. The post Shell hands out more work to Vallourec for subsea oil & gas project appeared first on Offshore Energy.