The National Wealth Fund (NWF), the UK’s sovereign wealth fund, intends to make a multi-million equity investment in the development that will store CO2 emissions in the North Sea. The post UK fund makes first investment in CO2 project to drive industrial renewal appeared first on Offshore Energy.
Enagás, NaTran, and Teréga have signed a shareholders agreement to create a joint venture for developing BarMar, the renewable hydrogen pipeline between Barcelona, Spain, and Marseille, France, and a part of the European H2med project. The post H2med hydrogen project advances with BarMar joint venture agreement appeared first on Offshore Energy.
South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an arm of HD […] The post HD KSOE and Cochin Shipyard forge strategic shipbuilding partnership appeared first on Offshore Energy.
As its existing Chief Operating Officer (COO) is ready to retire, London-based independent upstream player Viaro Energy has revealed the name of the new COO, who will step into the role next month. The post British upstream player picks new COO as current one prepares to retire appeared first on Offshore Energy.
U.S.-headquartered energy technology giant Baker Hughes and Danish gas distribution operator Evida have established […] The post Baker Hughes and Evida shake hands for CO2 transport in Denmark appeared first on Offshore Energy.
ADNOC has tucked a new construction milestone under its belt with the load-out and transport of the first jacket for its multibillion-dollar giant sour gas development, which aims to become the world’s first project to operate with net-zero emissions. The post First jacket for huge offshore gas project slides into place appeared first on Offshore Energy.
In today’s world and maritime industry, port-side residents, port workers, seafarers, passengers, and regulators alike are justified in asking why ships are still billowing black smoke in ports and what the viable solutions are, says Victor Åkerlund, Chief Analytics and Sustainability Officer at PowerCell Group. The post Op-ed: Zeroing in on port pollution appeared first on Offshore Energy.
Subsea7 has secured an engineering, procurement, commissioning and installation (EPCI) contract offshore Egypt for […] The post Subsea7 gets to work offshore Egypt under ‘sizeable’ contract appeared first on Offshore Energy.
French wave energy developer Seaturns has secured €2.45 million to support the industrialization and […] The post Seaturns raises €2.45 million to launch full-scale wave energy demonstrator appeared first on Offshore Energy.
Bermuda-headquartered offshore drilling contractor Valaris Limited has won a contract extension for one drillship and a new contract for another with Anadarko Petroleum Corporation, a wholly-owned subsidiary of Occidental, in the Gulf of America. The post Valaris lands $760 million gigs for rig duo in US Gulf appeared first on Offshore Energy.