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Significant costs ahead for shipping industry to decarbonize, UNCTAD says

Clear regulatory signals, greater investment and cooperation among governments, industry and financial actors will be essential to driving the shipping industry’s transition, the United Nations Conference on Trade and Development (UNCTAD) said. The post Significant costs ahead for shipping industry to decarbonize, UNCTAD says appeared first on Offshore Energy.

SLB picks up job with Petrobras for up to 35 wells in Brazilian waters

U.S.-headquartered technology player SLB has secured a multi-well ultra-deepwater assignment off the coast of Brazil, which will enable the country’s state-owned energy giant Petrobras to scale up its oil and gas production and overall performance. The post SLB picks up job with Petrobras for up to 35 wells in Brazilian waters appeared first on Offshore Energy.

LONGi to provide equipment for green hydrogen project in Namibia

LONGi Hydrogen has signed an equipment supply agreement with an undisclosed customer to provide one set of LONGi ALK Hi1 electrolyzer and its Balance of Plant (BoP) for a green hydrogen project in Namibia. The post LONGi to provide equipment for green hydrogen project in Namibia appeared first on Offshore Energy.

Hy2gen approved for Norway renewable ammonia plant | Ammonia

Norwegian firm Hy2gen Nordic has secured zoning approval from Sauda municipal council to build a renewable ammonia plant at the Birkeland industrial site in Rogaland, in south-west Norway. It is part of Project Iverson, an initiative to scale up production of green ammonia as a carbon-neutral marine fuel led by Iverson eFuels – the project company for the Sauda plant. The plant will feature a 270MW electrolysis unit powered by hydropower, producing renewable ammonia that is expected to eliminate around three million tonnes of carbon dioxide emissions in its first decade. The project fits with the Rogaland County Council’s regional plan for zero-emission industry and supports Norway’s national climate goals. The country aims to achieve a 90% to 95% reduction in greenhouse gas emissions by 2050 compared with 1990 levels. … to continue reading this… Read More »Hy2gen approved for Norway renewable ammonia plant | Ammonia

Indonesia’s Pertamina International Shipping readies to capture CCS/CCUS sweet spot

Indonesian state-owned company PT Pertamina International Shipping (PIS) has unveiled its latest strategy to seize opportunities in international carbon shipping, signaling its readiness to support the development of the carbon capture and storage/carbon capture utilization and storage (CCS/CCUS) sector. The post Indonesia’s Pertamina International Shipping readies to capture CCS/CCUS sweet spot appeared first on Offshore Energy.