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Siemens and Paragon join forces on novel hydrogen production technology

Siemens and Paragon Resources have entered a memorandum of understanding (MoU) to jointly scale production of hydrogen using a novel process that reportedly eliminates the need for fossil fuels or external electricity sources. The post Siemens and Paragon join forces on novel hydrogen production technology appeared first on Offshore Energy.

Baker Hughes’ $13.6 billion move on Chart spotlights gas, data centers, and decarbonization growth drivers

Baker Hughes has made a multibillion-dollar play for Chart Industries to high-grade its portfolio with differentiated capabilities across a diverse set of markets, including LNG, data centers, and low-carbon plays. The post Baker Hughes’ $13.6 billion move on Chart spotlights gas, data centers, and decarbonization growth drivers appeared first on Offshore Energy.

‘One of largest’ UKCS producers born with NEO–Repsol merger

Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has completed its strategic merger with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol. The post ‘One of largest’ UKCS producers born with NEO–Repsol merger appeared first on Offshore Energy.

New lab director appointed at NREL

The Alliance for Sustainable Energy, which manages the National Renewable Energy Laboratory (NREL) for […] The post New lab director appointed at NREL appeared first on Offshore Energy.

Worley in the clear to bring first chapter of Venture Global’s $28 billion LNG project to life

With the go-ahead in hand, Australia’s Worley is all set to embark on the full scope of work at a multibillion-dollar liquefied natural gas (LNG) export project in Louisiana, which represents the third such facility Venture Global has set its cap on building in the United States over the past five years. The post Worley in the clear to bring first chapter of Venture Global’s $28 billion LNG project to life appeared first on Offshore Energy.

Aker BP prolongs Saipem rig’s stay in Norway

Norwegian oil and gas player Aker BP has extended the contract for the assignment of a semi-submersible drilling rig owned by Italian energy giant Saipem offshore Norway. The post Aker BP prolongs Saipem rig’s stay in Norway appeared first on Offshore Energy.