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Yinson Production’s fleet grows to 11 units with newbuild FSO job at Asian gas project

Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has landed a lease and operate contract for a newbuild floating storage and offloading (FSO) unit destined to serve the Block B gas field off the coast of Vietnam, Southeast Asia. The post Yinson Production’s fleet grows to 11 units with newbuild FSO job at Asian gas project appeared first on Offshore Energy.

First financing in place for 25 Korea-built vessels in QatarEnergy’s massive LNG shipbuilding program

Qatar Gas Transport Company (Nakilat), Qatar’s shipping and maritime player, has joined forces with the Export-Import Bank of Korea (KEXIM) to set up the first financing package for 25 conventional liquefied natural gas (LNG) carriers being constructed in Korea. The post First financing in place for 25 Korea-built vessels in QatarEnergy’s massive LNG shipbuilding program appeared first on Offshore Energy.

Terntank returns to Econowind for wind-assisted propulsion on two more ships

Following ‘strong performance results’ from the first installations, Swedish shipping company Terntank has decided to equip two additional methanol-ready hybrid tankers with wind-assisted propulsion systems from Dutch specialist Econowind. The post Terntank returns to Econowind for wind-assisted propulsion on two more ships appeared first on Offshore Energy.

Eni books Bourbon’s new vessel sextet for ops offshore Congo

Eni Congo, a subsidiary of Italy’s energy giant Eni, has hired six vessels on a multi-year assignment from Bourbon, a French maritime services provider, to support operations at its fields off the coast of Congo. The post Eni books Bourbon’s new vessel sextet for ops offshore Congo appeared first on Offshore Energy.

India unlocks $8m funding for green hydrogen projects | Hydrogen

India’s Ministry of New and Renewable Energy (MNRE) is embarking on a $7.8m funding spree for four green hydrogen projects under the National Green Hydrogen Mission’s central financial assistance (CFA) scheme – an initiative that aims to accelerate deployment of the green molecule as a clean energy source. The projects are located in areas known as Hydrogen Valley Innovation Clusters (HVICs) where hydrogen is used across various sectors and where it is being actively promoted as a sustainable energy source. Under the initiative, a project in Pune being developed by the National Chemical Laboratory (CSIR-NCL) will receive $2m, while a project in Kerala spearheaded by clean energy research organisation ANERT will be allocated $2.4m. Two projects led by the Indian Institutes of Technology will receive $1.7m (in Bubaneswar) and $1.6m (in Jodhpur), respectively. … to continue… Read More »India unlocks $8m funding for green hydrogen projects | Hydrogen