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Move to Americas prompts Australian oil & gas firm’s CEO hunt as current one steps down

Australia’s oil and gas company Karoon Energy is on the lookout for a new Chief Executive Officer (CEO) and Managing Director (MD), who will take over from its current CEO next year, as the firm prepares to shift its key corporate teams and roles to Brazil and the United States of America (USA). The post Move to Americas prompts Australian oil & gas firm’s CEO hunt as current one steps down appeared first on Offshore Energy.

Rig repurposing on Friede & Goldman’s task list as semi-sub seeks new lease on life

Friede & Goldman (F&G), a Houston-based engineering firm specializing in the design and development of innovative offshore solutions, has won a new engineering assignment for the conversion of a semi-submersible offshore drilling unit (MODU) into an accommodation vessel. The post Rig repurposing on Friede & Goldman’s task list as semi-sub seeks new lease on life appeared first on Offshore Energy.

CPS Energy’s hydrogen pilot aims to boost grid reliability | Hydrogen

US electric utility CPS Energy has partnered with cleantech startup Modern Hydrogen to produce clean hydrogen from natural gas, aiming to improve grid reliability and reduce emissions. The effort will pilot Modern Hydrogen’s technology. Instead of combusting natural gas and releasing or capturing CO2, the process breaks down hydrocarbons in the gas to produce hydrogen and solid carbon. The solid carbon is captured and can be reused in products like asphalt for infrastructure projects. CPS Energy described the effort as a first step in a long-term strategic investment in producing reliable, cleaner power at scale, as outlined in its Energy Vision 2027. Tony Pan, CEO of Modern Hydrogen, said the partnership is showing the promise of US natural gas, for both clean power generation, and for better materials to build our infrastructure. The pilot is… Read More »CPS Energy’s hydrogen pilot aims to boost grid reliability | Hydrogen

More time secured to iron out Vantage drillship’s new assignment

Vantage Drilling International, a Bermuda-exempted offshore drilling contractor, has struck a deal to postpone the expiration date of a conditional letter of award (CLOA) with an undisclosed client regarding a potential job for one of its ultra-deepwater drillships. The post More time secured to iron out Vantage drillship’s new assignment appeared first on Offshore Energy.