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No oil for Equinor in North Sea wildcat

Norwegian state-owned energy giant Equinor has encountered a dry well at its prospect in the North Sea offshore Norway. The post No oil for Equinor in North Sea wildcat appeared first on Offshore Energy.

Hydrogen-fueled RTG begins operation in Yokohama Port zero-emission trial

Mitsui E&S has replaced the conventional diesel engine generator set installed on a near-zero-emission RTG with a hydrogen fuel cell power pack, as part of an on-site zero-emission cargo handling equipment trial. The post Hydrogen-fueled RTG begins operation in Yokohama Port zero-emission trial appeared first on Offshore Energy.

ADNOC handing over stake in OMV to affiliate

Abu Dhabi National Oil Company (ADNOC) intends to transfer its stake in Austria’s oil and gas player OMV to XRG, its wholly-owned international investment company. The post ADNOC handing over stake in OMV to affiliate appeared first on Offshore Energy.

Pennsylvania to attract billions in energy and tech investments | United States

Billions of dollars in energy and technology investment are set to pour into Pennsylvania, the US Mid-Atlantic state, following a high-profile summit in Pittsburgh attended by US President Donald Trump. The summit provided details of specific investments, complementing the previously announced artificial intelligence and new tech strategic push. Overall, around $90bn-worth of projects are in the pipeline. What was once Pennsylvania’s largest coat plant, for example, is set to be converted into a $10bn natural gas-powered data centre. Homer City Generating Station will have seven gas turbines on site powering up to 4.5GW of electricity. Google and Blackstone are both spending around $25bn on data centre infrastructure – the latter also includes natural gas plant spend – and CoreWeave is investing $6bn. Adopting a characteristically bullish tone, President Trump said the US “was not catching… Read More »Pennsylvania to attract billions in energy and tech investments | United States