Norwegian class society DNV has awarded a detailed approval in principle (AiP) to the UK-based Shell International Trading and Shipping Company Limited, part of Shell, and Norway-based marine engineering company Brevik Engineering for their design of a 74,000 cbm liquid carbon dioxide (LCO2) carrier. The post Shell-Brevik Engineering LCO2 carrier design wins DNV AiP appeared first on Offshore Energy.
Following a years-long hiatus, a multibillion-dollar liquefied natural gas (LNG) project off the coast of Mozambique is shaking the rust off its development by getting back on track with a loan of nearly $5 billion secured from the newly appointed board of the Export-Import Bank of the United States (US EXIM), hand-picked by the Trump administration. The post $5 billion loan dusting off the cobwebs from TotalEnergies’ stalled $20B LNG project appeared first on Offshore Energy.
MOL and its partners Namura Shipbuilding and Mitsubishi Shipbuilding obtained approval in principle (AiP) for their jointly developed large-size ammonia-powered ammonia carrier. The post MOL and partners get green light for large ammonia-powered ammonia carrier design appeared first on Offshore Energy.
Climate Impact Corporation (CIC) and Purus Marine have agreed to develop a net-zero shipping pathway for CIC’s renewable hydrogen fuels. The post Climate Impact and Purus Marine join forces on net-zero hydrogen supply appeared first on Offshore Energy.
The Indian government said it has ₹2 trillion (around $23.8 billion) allocated to expand […] The post New horizons: India pledges $23.8B support to revamp domestic maritime industry appeared first on Offshore Energy.
Singapore-based shipping company AAL Shipping has named its fifth methanol-ready dual-fuel Super B-class vessel after the Middle Eastern project hub. The post Methanol-ready dual-fuel AAL Dubai unveiled in China appeared first on Offshore Energy.
UK-headquartered energy giant Shell has completed the sale of its Nigerian onshore subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance, a consortium comprising five companies. The post Shell shifting focus to deepwater and integrated gas as it wraps up Nigerian onshore unit sale appeared first on Offshore Energy.
EverWind Fuels, a North American developer of a green fuels hub, has revealed plans to invest around $50 million in three new lower-emission tugboats to be launched in the Strait of Canso, enhancing sustainability, improving infrastructure, and supporting green shipping corridors in Nova Scotia. The post EverWind orders low-emission tugboats from Damen to support green fuels hub appeared first on Offshore Energy.
UK-based tidal energy company Proteus Marine Renewables (PMR) has secured a seat on the […] The post Proteus Marine Renewables joins Ocean Energy Europe board appeared first on Offshore Energy.
The European Union (EU) is to invest €4.4bn in South Africa’s clean energy industry as part of a global gateway investment package. South Africa becomes the first country to sign such an agreement with the Europe. It will focus on investment, the clean energy transition, skills, technology, and developing strategic industries along the entire supply chains. The energy funding would come from European financial institutions. The overall package totals €4.7bn which includes €303m in EU grants. European Commission President Ursula von der Leyen said it has started negotiations on the first Clean Trade and Investment Partnership. Trade between South Africa and EU totals €50bn today. “Take the clean hydrogen value chain,” she said. “South Africa has everything to become a global leader: You have clean energy in abundance, from wind to sun. You have raw… Read More »Europe unveils €4.4bn investment in South African clean energy | Hydrogen