The Isle of Man Ship Registry (IOMSR) has become the first flag state to join the Methane Abatement in Maritime Innovation Initiative (MAMII), a cross-sectoral effort aimed at eliminating methane emissions in shipping. The post Isle of Man becomes first flag state to join methane abatement initiative appeared first on Offshore Energy.
Italian cabling giant Prysmian Group has completed the hull erection of its new cable […] The post New Prysmian cable layer closer to launch as hull comes together appeared first on Offshore Energy.
Companies from the United Kingdom (UK) and the United States (U.S.) have signed “major” […] The post UK and US to commit to boosting nuclear power capacity appeared first on Offshore Energy.
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.