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Valeura Energy strikes a deal with PTTEP to expand its Thai oil & gas footprint

Canada-based Valeura Energy, an oil and gas company, has made a move to acquire partial stakes from Thailand’s national oil and gas player, PTT Exploration and Production Public Company Limited (PTTEP), in two offshore blocks off the coast of Thailand. The post Valeura Energy strikes a deal with PTTEP to expand its Thai oil & gas footprint appeared first on Offshore Energy.

MSC orders another batch of LNG-fueled boxships in China

Switzerland-based container shipping and logistics giant MSC Mediterranean Shipping Company has signed contracts for the construction of up to twelve liquefied natural gas (LNG) dual-fuel and LNG-capable containerships. The post MSC orders another batch of LNG-fueled boxships in China appeared first on Offshore Energy.

Air Liquide finalises €500m green hydrogen plant at Port of Rotterdam | Hydrogen

Industrial gas major Air Liquide will build a facility to produce fully renewable, or green, hydrogen at the Port of Rotterdam in the Netherlands after making a final investment decision for the ELYgator project. The project, an electrolyser plant that splits water to produce hydrogen, will have a capacity of 200MW and is slated to begin operations by the end of 2027. The €500m facility will be located at the conversion park at the Maasvlakte area, where electricity from wind farms in the North Sea will be used to produce 23,000 tonnes of hydrogen per year for use by industry and heavy transport. According to Air Liquide, this will lead to a carbon dioxide reduction of 300,000 tonnes per year. … to continue reading this article and more, please login, register for free, or consider… Read More »Air Liquide finalises €500m green hydrogen plant at Port of Rotterdam | Hydrogen

As $53 billion Chevron-Hess merger crosses the finish line, oil & gas assets’ fusion comes next

Chevron has cleared all the hurdles in its path to bring Hess Corporation, a fellow oil and gas player, into its fold. As a result, the companies are taking steps to blend their operations, enabling Chevron to expand its oil and gas arsenal, with four regions pinpointed as the ones where this merger will have the strongest impact. The post As $53 billion Chevron-Hess merger crosses the finish line, oil & gas assets’ fusion comes next appeared first on Offshore Energy.