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PTTEP going on production growth binge with $33.6B fueling its energy ambitions

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Thailand’s national oil and gas company PTT Exploration and Production (PTTEP) has shared its investment agenda for the next five years, with plans to focus on boosting production to increase the country’s energy security, among other things. The post PTTEP going on production growth binge with $33.6B fueling its energy ambitions appeared first on Offshore Energy.

SBM Offshore’s FPSO for ExxonMobil’s Guyanese oil project shaping up as hull comes to Singapore (Video)

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SBM Offshore is making headway in piecing together a floating production, storage, and offloading (FPSO) vessel, which will be deployed on ExxonMobil’s sixth deepwater oil development project at the Stabroek block off the coast of Guyana. The post SBM Offshore’s FPSO for ExxonMobil’s Guyanese oil project shaping up as hull comes to Singapore (Video) appeared first on Offshore Energy.

AES Andes submits EIA for industrial-scale hydrogen project in Chile

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AES Andes has submitted an environmental impact assessment (EIA) to Chilean permitting authorities for a proposed industrial-scale green hydrogen project called Inna. The post AES Andes submits EIA for industrial-scale hydrogen project in Chile appeared first on Offshore Energy.

BP taps Singapore player for its new Gulf of Mexico-bound floating production unit

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Seatrium has been tasked with engineering, procurement, construction, and onshore commissioning (EPC) work for a newbuild floating production unit (FPU), destined for a deepwater project operated by BP in the U.S. Gulf of Mexico. The post BP taps Singapore player for its new Gulf of Mexico-bound floating production unit appeared first on Offshore Energy.

Cemvision hydrogen solution tackles cement emissions | Decarbonisation

Swedish company Cemvision claims to have developed a new solution which can electrify fossil-free cement production by combining green hydrogen, plasma and resistive heating. After completing three parallel projects, Cemvision said it is now in a position to scale the cement and its technology marks a shift in sustainable building materials. Unlike competitors reliant on CO2-based plasma systems, Cemvision’s clinker chemistry and nitrogen approach avoids the need for carbon capture. Oscar Hallen, CEO of Cemvision, said, “With a 100% electrically made clinker, we show that an industry-leading performance is possible with a minimal carbon footprint.” The energy-intensive cement industry accounts for 8% of global CO2 emissions and its energy consumption accounts for 50-60% of overall cement production cost. Hallen added, “For us, it’s all about reducing green premiums, making our products accessible without great surcharges… Read More »Cemvision hydrogen solution tackles cement emissions | Decarbonisation

Halliburton to acquire Optime Subsea

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U.S.-headquartered oilfield services giant Halliburton is set to purchase Optime Subsea, a Norwegian provider […] The post Halliburton to acquire Optime Subsea appeared first on Offshore Energy.