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HMM, BGN unit form LPG shipping JV

HMM, South Korea’s largest national carrier, has partnered with B-International Shipping and Logistics, a part of the Swiss BGN group of companies, to establish a joint venture in Singapore. The post HMM, BGN unit form LPG shipping JV appeared first on Offshore Energy.

Raven secures air permit for California waste-to-hydrogen plant | Hydrogen

Renewable fuels company Raven SR has secured its final air permit and construction approval for its planned California-based organic waste-to-hydrogen plant, which could produce 2,400 tonnes of hydrogen a year. Believed by the company to be California’s first plant to turn organic waste-to-hydrogen site using a non-combustion process, the facility will process up to 99 wet tonnes of waste a day. Raven will now complete final engineering revisions required by the permit conditions and prepare building permit packages. Raven anticipates the start of construction in 2026. Permitting delays and inflation have raised project costs to about $75m, backed mostly by private equity. To help fund the project, Raven will use the 45V credit, but no federal grants. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld… Read More »Raven secures air permit for California waste-to-hydrogen plant | Hydrogen

DeepOcean answers subsea oil & gas tie-back call in UK waters

Norwegian ocean services provider DeepOcean has been hired for a subsea tie-back assignment related to a hydrocarbon field development on the UK Continental Shelf (UKCS). The post DeepOcean answers subsea oil & gas tie-back call in UK waters appeared first on Offshore Energy.

Shell halves its stake in UK gas discovery as Ithaca comes aboard

Ithaca Energy, a North Sea oil and gas operator and producer, has put the wheels in motion to acquire a non-operated stake from Shell UK, a subsidiary of the UK-headquartered energy giant Shell, in a gas discovery located West of Shetland, about 175 kilometers northwest of the Shetland Isles. The post Shell halves its stake in UK gas discovery as Ithaca comes aboard appeared first on Offshore Energy.

The learnings from the Wood sale to Sidara | Finance

News that the $216m sale of Scotland energy giant Wood to Dubai-based Sidara has been approved by shareholders serves as a key moment not just for both companies, but for the broader industry to take stock. The company’s fluctuating fortunes should serve as a sharp warning on the transition for all traditional businesses – which may resound that bit louder at a time when COP30 is underway in Brazil. Consider 12 years ago, when fossil fuels reigned supreme, Wood had a market valuation of $5bn and employed more than 50,000 globally. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to this… Read More »The learnings from the Wood sale to Sidara | Finance