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Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays

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INEOS has embarked on a quest to expand its U.S. Gulf of Mexico footprint by inking a deal with CNOOC to take over its Gulf of Mexico business. The acquisition is seen as the British player’s third big investment in America over the past three years.  The post Chinese giant’s Gulf of Mexico oil & gas assets changing hands with UK firm’s ‘major step’ into US deepwater plays appeared first on Offshore Energy.

BP and ADNOC’s XRG bring new gas player into existence

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BP and ADNOC, through its recently established investment arm, XRG, have given birth to Arcius Energy, a new regional gas platform, with an initial focus on the development of gas assets in Egypt. The post BP and ADNOC’s XRG bring new gas player into existence appeared first on Offshore Energy.

Noble signs up for Kongsberg Digital’s ‘cutting-edge’ simulator tech

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Noble is bent on enhancing its operational safety and performance with simulator technology for dynamic positioning (DP) training and analysis, which will be provided by Kongsberg Digital. The post Noble signs up for Kongsberg Digital’s ‘cutting-edge’ simulator tech appeared first on Offshore Energy.

Worley wins EPC contract for ExxonMobil’s Baytown facility in Texas

ExxonMobil’s Baytown facility is believed to be the largest of its type. Once in operation, it will produce up to one billion cubic feet of low-carbon hydrogen a day and more than one million tonnes of low-carbon ammonia per annum. Read more: ExxonMobil makes major blue hydrogen and carbon capture commitments in the US The project is also expected to capture and store seven million tonnes of CO2 per year. Chris Ashton, CEO of Worley, said, “We are delighted to continue our strategic, global relationship with ExxonMobil in its execution of projects, particularly in delivering this EPC project on the US Gulf Coast, which contributes significantly to strengthening Worley’s backlog.” Earlier this year, ADNOC and Mitsubishi both acquired stakes in the Baytown project. In September, the two companies signed separate contracts: ADNOC to acquire a… Read More »Worley wins EPC contract for ExxonMobil’s Baytown facility in Texas

Worley wins EPC contract for ExxonMobil’s low-carbon hydrogen project in Texas

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Australian engineering and professional services company Worley will provide reimbursable engineering, procurement and construction (EPC) services to U.S. energy major ExxonMobil for the enabling works, infrastructure and interconnects scope of the latter’s planned low-carbon hydrogen and ammonia facility in Baytown, Texas. The post Worley wins EPC contract for ExxonMobil’s low-carbon hydrogen project in Texas appeared first on Offshore Energy.

Second hybrid Lake Vanern Max vessel handed over to Erik Thun

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MV Spiken, the second plug-in hybrid dry cargo vessel in the next-generation Lake Vanern Max series, has been delivered to Swedish shipping company Erik Thun. The post Second hybrid Lake Vanern Max vessel handed over to Erik Thun appeared first on Offshore Energy.

Russian shadow fleet tanker sinks, another runs aground in Kerch Strait

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Two tankers linked to the so-called Russian ‘shadow fleet’ encountered a storm near the Kerch Strait and were heavily damaged. As a result, one of the vessels split into two and sank while the other one ran aground. The post Russian shadow fleet tanker sinks, another runs aground in Kerch Strait appeared first on Offshore Energy.

UK and Norway launch green industrial partnership | Decarbonisation

The partnership will enhance cooperation and explore areas such as the cross border transport of CO2 The partnership will enhance cooperation and explore areas such as the cross border transport of CO2 The UK and Norway are set to launch a new green industrial partnership today (16thDecember) to combine their capabilities on clean energy, drive economic growth and bolster energy security. With Norway being the single biggest supplier of gas after the UK Continental Shelf, the new agreement – which the two countries have a joint ambition to sign in spring 2025 – will support its aim to secure home-grown energy. In the UK’s case, it will be an important element in becoming a clean energy superpower by 2030. UK Prime Minister Keir Starmer will visit a cross-border carbon transport and storage facility in Norway to… Read More »UK and Norway launch green industrial partnership | Decarbonisation