In what is described as a “historic moment”, the South Korean shipbuilding industry has […] The post South Korea, United States to ‘strengthen’ shipbuilding ties appeared first on Offshore Energy.
ACWA Power has signed several clean energy memoranda of understanding (MoUs) with U.S. companies, totalling $500 million. The post ACWA Power strengthens US clean energy ties with $500 million in new deals appeared first on Offshore Energy.
The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed […] The post NSTA and Crown Estate Scotland to team up on North Sea energy, carbon storage appeared first on Offshore Energy.
Boskalis has deployed a set of dredgers and other vessels from its fleet in the Middle East to lay the groundwork for the creation of a new liquefied natural gas (LNG) terminal in the port of Sohar, bringing Oman closer to turning its dreams of housing the first LNG bunkering hub in the Middle East into reality. The post Boskalis vessels ‘spot hunting’ to clear the way for new LNG terminal appeared first on Offshore Energy.
The Danish Energy Agency has prequalified ten companies eligible to submit proposals for funding available under its carbon capture and storage (CCS) initiative aimed at helping the country reach its climate goals. The post 10 companies shortlisted to vie for Denmark’s C02 storage funding appeared first on Offshore Energy.
PGE Baltica has signed a contract with a consortium of Polish companies to carry […] The post Polish companies ink survey contracts for Baltica 9 offshore wind farm appeared first on Offshore Energy.
A joint venture of UK’s Enshore Subsea and Belgian Herbosch-Kiere has laid the two […] The post WATCH: Both subsea cables laid for project set to ‘revolutionize Senegal’s power infrastructure’ appeared first on Offshore Energy.
With a seafaring legacy stretching back to the age of the Vikings, Norway is […] The post Plug and sail: A closer look at Norway’s electric maritime turn appeared first on Offshore Energy.
Global industrial gases major Nippon Sanso Holdings (NSHD) grew consolidated revenue by 4.2% year-on-year to $8.86bn in its fiscal year 2025, with pricing and efficiency gains offsetting flat volumes. Results were partly weighed down by a one-off $173m impairment tied to a cancelled US hydrogen project. Core operating income rose 13.9% to $1.28bn, helped by cost control measures across the group’s global industrial gas business. But reported operating income fell 3.6% to $1.12bn due to an impairment linked to its cancelled US hydrogen production project. Net income dropped 6.7% to $668m. Shipment volumes of core air gases (oxygen, nitrogen and argon) held steady year-on-year, though total group volumes declined slightly. Performance varied across regions. Japan saw weaker demand for electronic materials and gases but was buoyed by strong equipment sales. In the US, modest volume… Read More »Nippon Sanso sees core income rise despite US hydrogen write-down | Financial Reports
Hydrogen can play a key role in construction decarbonisation Hydrogen can play a key role in construction decarbonisation The opening morning of the British Compressed Gases Association annual conference shone the spotlight on construction, which is a sector that remains central to decarbonisation. On stage at the Worsley Park Hotel in Manchester were John Vickers, Engineering Director, and Caitlin Sergeant, Senior Project Engineer, at HyKit, which is a hydrogen infrastructure joint venture comprising JCB, HYCAP and HydraB Group. Vickers said the hydrogen industry was busy looking at “creative ways” to try to bring costs down and offer pragmatic options to builders. “Part of this is developing much smaller pieces of [hydrogen-powered] equipment,” he said. “A lot of site operators are not operating at any sort of scale that can justify deployment of large-scale assets. Space… Read More »BCGA event: Small-scale hydrogen ‘could cut construction emissions’ | Hydrogen