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UK player in talks for Equatorial Guinea offshore block farm-out

UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas has signed a non-binding heads of terms (HoT) with an undisclosed energy company to farm out an interest in a production sharing contract (PSC) offshore Equatorial Guinea. The post UK player in talks for Equatorial Guinea offshore block farm-out appeared first on Offshore Energy.

Towngas and CIMC ENRIC join hands on green methanol and hydrogen

The Hong Kong and China Gas Company (Towngas) and clean energy equipment and services provider CIMC ENRIC have signed a strategic partnership agreement to jointly develop green methanol and hydrogen energy. The post Towngas and CIMC ENRIC join hands on green methanol and hydrogen appeared first on Offshore Energy.

COSCO Shipping signs up for new ammonia and methanol-ready bulker quartet

Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has been contracted by compatriot marine transportation giant COSCO Shipping to build four methanol and ammonia-ready bulk carriers. The post COSCO Shipping signs up for new ammonia and methanol-ready bulker quartet appeared first on Offshore Energy.

10-year LNG supply deal with ADNOC diversifying India’s energy mix

ADNOC Gas, an affiliate of Abu Dhabi National Oil Company (ADNOC), has signed a heads of agreement (HoA) with India’s Hindustan Petroleum Corporation Limited (HPCL), a unit of the state-owned Oil & Natural Gas Corporation (ONGC), for the supply of liquefied natural gas (LNG). The post 10-year LNG supply deal with ADNOC diversifying India’s energy mix appeared first on Offshore Energy.

Uniper signs partnership to explore hydrogen storage at UK site | Hydrogen

German utility Uniper is exploring the potential development of a salt cavern hydrogen storage facility near Warmingham, Cheshire, in the UK. Uniper is partnering with British Salt, which owns the mineral rights and has existing operations on the site. The two companies have signed a feasibility development agreement which gives Uniper the sole rights to explore the site’s potential for hydrogen storage – which could equate to as much as 400GWh across 13 caverns. The companies will work together to develop designs for the drilling of the first two wells so that they are suitable for the potential development of hydrogen storage caverns. Development of the Salinae Hydrogen Storage project will be subject to Uniper being granted development-consent-order planning approval and in the absence of a hydrogen market. And as a precursor to a competitive… Read More »Uniper signs partnership to explore hydrogen storage at UK site | Hydrogen