Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has acquired a rig from an affiliate of offshore drilling contractor Noble Corporation. The post Noble’s stacked rig finds new home in Vietnam appeared first on Offshore Energy.
Mammoet and Tugdock Submersible Platforms Limited (Tugdock) have entered into a strategic partnership to expand the use of the Tugdock Submersible Platform (TSP), which is a modular, submersible platform that allows large floating structures to be transferred seamlessly from quaysides into the water. The post Mammoet, Tugdock seal strategic pact to expand use of offshore platform tech appeared first on Offshore Energy.
Chemical company Dow Inc’s flagship blue hydrogen-based chemicals complex in Alberta, Canada, will be delayed by up to two years amid market weakness. CEO Jim Fitterling confirmed the delay to its Path2Zero project, originally announced in April, could last between one and two years until market conditions improve, pushing back what had been billed as a showcase for hydrogen in chemicals decarbonisation. The $11.5bn Path2Zero project plans to expand Dow’s ethylene and polyethylene capacity in Fort Saskatchewan while cutting around 1.5 million tonnes of annual carbon dioxide emissions. At the heart of Path2Zero is a large-scale blue hydrogen facility, designed to fuel Dow’s new ethylene cracker and existing operations in place of natural gas. Built and operated by industrial gas major Linde, the plant will combine hydrogen production with carbon capture and storage. Phase one… Read More »Dow confirms up to two-year delay for chemicals complex with blue hydrogen | Linde PLC News
IMO’s Net-Zero Framework mandates a new fuel standard for ships and a global pricing mechanism for emissions. The post IMO’s Net-Zero Framework caught in crossfire ahead of pivotal adoption decision appeared first on Offshore Energy.
Given the accelerated decline in hydrocarbon production rates, a new report from the International Energy Agency (IEA) has warned about the supply risks that output drops carry, as ignoring them has the potential to undermine energy security, market stability, and emissions reduction aspirations, with a global energy shortfall as a potential outcome. The post IEA: Oil & gas decline rates sound the alarm over global energy security risks appeared first on Offshore Energy.
Inpex Masela, a joint venture between Inpex Corporation and the Japan Organization for Metals and Energy Security (JOGMEC), has tasked Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, with carrying out structural analyses for its operations off the coast of Indonesia. The post INPEX taps Aquaterra for subsea structural support in Indonesian deepwater project appeared first on Offshore Energy.
Marine fuel supplier Peninsula has expanded its physical supply operations to Algoa Bay, South Africa. The post Peninsula expands bunkering operations to South Africa appeared first on Offshore Energy.
Taiwanese shipping company Yang Ming Marine Transport Corporation has commissioned South Korean shipbuilding heavyweight […] The post Yang Ming books Taiwan’s ‘first’ ammonia-ready dual-fuel containerships from Hanwha Ocean appeared first on Offshore Energy.
Nexans has started laying high-voltage subsea cable between Italy’s Sicily and Sardinia as part […] The post Nexans starts connecting Sicily and Sardinia with ‘deepest subsea cable’-to-be appeared first on Offshore Energy.
Wah Kwong NatPower Holdings Limited (WK NatPower), a new joint venture between Hong Kong-based shipowner Wah Kwong and the UK-based clean energy enabler NatPower Marine, and Shandong Port Group (SPG), a Chinese state-owned port company, have signed a strategic memorandum of understanding (MOU) to develop large-scale shore power and ship charging projects. The post Wah Kwong NatPower JV, SPG join forces on shore power, ship charging projects appeared first on Offshore Energy.