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The European Commission, the European Investment Bank (EIB), KfW Development Bank (KfW), Corporación de Fomento de la Producción (CORFO) and the Chilean Ministry of Energy have signed agreements to support Chile’s renewable hydrogen industry via the Team Europe Renewable Hydrogen Funding Platform for Chile. The post EU, EIB and KfW to back renewable hydrogen projects in Chile with up to €216.5M appeared first on Offshore Energy.

Australia’s energy giant Woodside has entered into a binding agreement with Stonepeak, a New York-based investment firm specializing in infrastructure and real assets, for the sale of an interest in its liquefied natural gas (LNG) development on the United States’ Gulf Coast. The post $5.7B investment to fast-track Woodside’s US LNG development appeared first on Offshore Energy.

Japanese shipping company NYK has executed construction and charter contracts for its first methanol-powered very large crude carrier (VLCC). The post NYK finalizes construction and charter deals for methanol-powered VLCC appeared first on Offshore Energy.

MSI has contemplated the possibility of a shift in energy policy within the European Union (EU), where the EU changes its mind about the ban on Russian fossil fuels and decides to take a page out of U.S. President Donald Trump’s book by reviving its energy ties with Russia against the backdrop of trade wars, geopolitical challenges, and other brewing and ongoing storms on the global horizon. The post Reversal of EU’s energy playbook on Russian oil barrels cannot be ruled out, MSI warns appeared first on Offshore Energy.

Accelerating its push for global expansion, China’s plug-in hybrid electric vehicle manufacturer BYD has launched its latest roll-on/roll-off (RoRo) car carrier, BYD Xi’an. The post BYD: One LNG-powered RoRo newbuild launches, another sets on maiden voyage appeared first on Offshore Energy.

Equinor has set its cap on upping its activity ante in Norway within its operated fields, onshore facilities, and exploration and development projects alongside those for renewable and low-carbon solutions, creating further ripple effects like the multibillion-dollar worth of goods and services procured in 2024. The post Equinor’s Norwegian activity across energy and decarbonization realms remaining ‘robust’ up to 2035 appeared first on Offshore Energy.

Japan’s Eneos Drilling, a wholly owned subsidiary of Eneos Xplora, has entered into a contract with Japan Vietnam Petroleum Company (JVPC) to supply a jack-up rig from its fleet for a drilling assignment offshore Vietnam. The post Eneos jackup lands two-well gig offshore Vietnam appeared first on Offshore Energy.

Woodfibre Management, a privately held Canadian company based in Vancouver, is moving forward with the construction works at its operated multimillion-dollar liquefied natural gas (LNG) export project located along the southwest coast of British Columbia, Canada. The post ‘World’s first net-zero LNG export facility’ shaping up in Canada as $5.1B project forges ahead appeared first on Offshore Energy.

French activist shipping company Windcoop has placed an order for what it hailed as […] The post RMK Marine clinches order to construct ‘world’s first’ sail-assisted boxship appeared first on Offshore Energy.

A new 100-meter-long cable laying support vessel (CLSV) being built at the Sefine Shipyard […] The post WATCH: First of three Agalas subsea vessels launches in Türkiye appeared first on Offshore Energy.