UK-based wind propulsion technology provider BAR Technologies has received an order for its propulsion system to be installed on two new long-range 2 (LR2) dual-fuel tankers operated by compatriot shipping company Union Maritime. The post BAR Technologies to install wind propulsion tech on dual-fuel LR2 tanker pair appeared first on Offshore Energy.
Texax-headquartered energy technology company SLB has secured a contract to deliver carbon storage solutions […] The post SLB adds first UK offshore CO2 storage project to its to-do list appeared first on Offshore Energy.
Marine Masters, a Dutch provider of salvage, transport & installation, and decommissioning solutions, has finished its decommissioning assignment related to oil field infrastructure that reached the end of its service life, securing a new lease on life as part of a rig-to-reef project off the coast of Malaysia. The post Rig-to-reef story writes its new chapter with Malaysian platform’s repurposing (Gallery) appeared first on Offshore Energy.
JGC France, a subsidiary of Japan’s JGC Holdings Corporation, has won a preliminary contract for a floating liquefied natural gas (FLNG) project in Africa. The post JGC secures preliminary contract for African floating LNG project appeared first on Offshore Energy.
Yamna signed a memorandum of understanding (MoU) with New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to develop a large-scale green hydrogen and ammonia project in the state of Andhra Pradesh in India. The post Yamna to develop large-scale green hydrogen and ammonia project in India appeared first on Offshore Energy.
Danish wave energy firm Wavepiston has named Jan Otto Ooms as its newest board […] The post Wavepiston appoints new board member appeared first on Offshore Energy.
UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of a compatriot player, Parkmead (E&P) Limited (PUK), from Parkmead Group, expanding its North Sea portfolio with two additional licenses on the UK Continental Shelf (UKCS). The post Serica Energy brings UK firm with North Sea oil & gas assets into its fold appeared first on Offshore Energy.
The UK government has signed off on a multi-billion-pound deal for the Sizewell C nuclear plant in Suffolk, on the North Sea coast, after attracting four crucial investors including British Gas owner Centrica, which has bought a 15% stake worth £1.3bn. Other shareholders include Canadian institutional investor La Caisse (20%), French energy firm EDF (12.5%) and global investment manager Amber Infrastructure (7.6%). The UK government retains a 44.9% stake. Chris O’Shea, Centrica Group Chief Executive, said, “The UK needs more reliable, affordable, zero-carbon electricity, and Sizewell C will be critical to supporting the country’s energy system for many decades to come. This isn’t just an investment in a new power station – it’s an investment in Britain’s energy independence.” Despite opening the world’s first commercial nuclear power station in the 1950s, no new nuclear plant… Read More »Centrica buys 15% stake in Sizewell C as UK nuclear plant gets go-ahead
Norway’s oil and gas company Pandion Energy has signed an agreement to sell its stakes in three assets offshore Norway to Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex. The post Asset trio stake sale to Inpex fueling Pandion’s growth ambitions appeared first on Offshore Energy.
The European Commission (EC) has wrapped up its probe into suspected fraud involving Chinese […] The post European Commission vows action after concluding probe into Chinese biofuel imports appeared first on Offshore Energy.