Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico. The post US oil & gas operator splashes millions on BW Offshore FPSO to unlock cost savings appeared first on Offshore Energy.
UK-headquartered global engineering consultancy Wood has launched an energy transition hub in Abu Dhabi to provide technical, strategic, and economic solutions for clients across the Middle East, the company announced today. The hub will focus on carbon advisory, hydrogen, carbon capture and storage, renewable power generation and decarbonisation. It will also support emission reduction initiatives, including flare minimisation and asset emissions reviews. Gerry Traynor, President of Projects Eastern Hemisphere at Wood, said the new hub has been designed to help clients meet their decarbonisation goals and support the region’s sustainable energy push. The launch fits with regional sustainability targets, including UAE Net Zero 2050 and Saudi Vision 2030. Wood expects regional clean energy investment to triple within the next five years. … to continue reading this article and more, please login, register for free, or… Read More »Wood launches energy transition advisory hub in Abu Dhabi | Energy News
The European Climate, Infrastructure and Environment Executive Agency (CINEA) and U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary Advanced Energy Technologies have signed a €34.5 million grant agreement for the latter’s Renewable Hydrogen Innovative Technologies (RHyno) project. The post EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million appeared first on Offshore Energy.
China has cemented its position as the world’s top shipbuilding nation as it secured orders for 3,454 out of a total of 5,735 vessels in the current global orderbook. The post China building 62% of new ships ordered globally in spite of looming US tariffs appeared first on Offshore Energy.
South Korea’s shipbuilder Hanwha Ocean has hosted a steel-cutting ceremony for eight new liquefied natural gas (LNG) carriers being built as part of QatarEnergy’s historic LNG fleet expansion project. The vessels will be owned and operated by Qatar Gas Transport Company (Nakilat). The post Qatar’s LNG fleet expansion coming along as Hanwha cuts steel for 8 newbuilds appeared first on Offshore Energy.
UK’s Port of Tyne has purchased the country’s first fully electric foiling pilot vessel in line with the Government’s Maritime 2050 strategy, reinforcing the port’s “commitment to innovation, sustainability, and a cleaner future for the maritime sector”. The post Port of Tyne invests in UK’s first fully electric foiling pilot vessel appeared first on Offshore Energy.
In this episode of The 1895 Podcast we explore the challenges facing the hydrogen industry and ask: where did it go wrong? Despite years of momentum and investment, companies are scaling back, projects are being delayed, and financial struggles are mounting. We break down the key factors behind this shift, from economic pressures and policy hurdles to infrastructure gaps and off-take uncertainty. With expert insights from our recent Electrolysers webinar, we examine whether this is a temporary slowdown or a necessary course correction for a more sustainable hydrogen market. While setbacks dominate headlines, the discussion also highlights pathways forward. From smarter business models to strategic funding opportunities, we explore what it will take to push projects to final investment decisions and beyond. … to continue reading this article and more, please login, register for free,… Read More »Podcast: Where did it go wrong for hydrogen? | Podcast
Norwegian offshore vessel operator Havila Shipping has secured a contract extension for its subsea […] The post Havila’s 20-year-old subsea vessel gets contract extension in Brazil appeared first on Offshore Energy.
Reolum has awarded Técnicas Reunidas and Siemens Energy the front-end engineering design (FEED) of the La Robla Green project. The post Técnicas Reunidas, Siemens Energy win FEED contract for Reolum’s e-methanol project in Spain appeared first on Offshore Energy.
North American developer of marine- and land-based transportable nuclear power plants (TNPPs) Prodigy Clean Energy has joined forces with classification society Lloyd’s Register (LR) to complete the development of lifecycle requirements for its TNPPs and start their fabrication by late 2020s. The post LR and Prodigy to work on transportable nuclear power plants appeared first on Offshore Energy.