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Policy must be more effective on green hydrogen: Wood Mackenzie | Hydrogen

The development of the still-nascent opportunity in green hydrogen needs a boost in the year ahead to begin to realise its potential more speedily. That assessment was made by Murray Douglas, an analyst for Wood Mackenzie, in his presentation that launched the group’s Hydrogen Conference 2025 in London. The Vice-President for Hydrogen and Derivatives Research said policy headwinds were still holding hydrogen back, meaning that opportunities in legacy sectors with established hydrogen needs offered the clearest investment case today. It reflected how emerging applications have not become compelling enough to gain traction. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to… Read More »Policy must be more effective on green hydrogen: Wood Mackenzie | Hydrogen

China drives clean hydrogen growth as legacy FIDs slow, says Wood Mackenzie | Hydrogen

Industrial gas and fertiliser firms were the drivers of clean hydrogen growth through to 2023, but China has now taken over as the main driver of development.  That was one of the takeaways from Wood Mackenzie analyst Murray Douglas, speaking at the analyst group’s Hydrogen Conference 2025 in London today. He said Chinese players were beginning to “break out” and in the process bring down the cost of green hydrogen.  Douglas, who is Vice-President for Hydrogen and Derivatives Research, told attendees the past few years had seen a “defensive slowdown” in clean hydrogen capacity reaching final investment decision (FID) in many markets.  “The drop maybe does look a bit more substantial than some would expect,” he said. “We’re just not seeing those very, very large green projects managing to move forward.”  … to continue reading… Read More »China drives clean hydrogen growth as legacy FIDs slow, says Wood Mackenzie | Hydrogen

8th FPSO starts making its way to Petrobras’ largest producing field

Another floating production storage and offloading (FPSO) unit destined for a field in Brazil’s Santos Basin operated by the country’s oil and gas giant Petrobras has started its journey from Hanwha Ocean’s shipyard. The post 8th FPSO starts making its way to Petrobras’ largest producing field appeared first on Offshore Energy.

EU launches first hydrogen mechanism call to link suppliers and buyers

To connect potential suppliers with buyers of hydrogen and its derivatives in the European Union (EU), the European Commission (EC) has launched its first call for interest under the Hydrogen Mechanism. The post EU launches first hydrogen mechanism call to link suppliers and buyers appeared first on Offshore Energy.

Rhino prolongs Northern Ocean rig’s stay in Namibia

African energy exploration player Rhino Resources has added an additional assignment to a contract for the semi-submersible rig, owned by Northern Ocean (NOL) and managed by Odfjell Drilling, offshore Namibia. The post Rhino prolongs Northern Ocean rig’s stay in Namibia appeared first on Offshore Energy.