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Carlyle buying Altera’s FPSO business

UK-based Altera Infrastructure (Altera) intends to sell its entire floating production storage and offloading (FPSO) business to global investment firm Carlyle. The post Carlyle buying Altera’s FPSO business appeared first on Offshore Energy.

DNV renews maritime collab with Singapore Institute of Technology

Class society DNV has renewed its memorandum of understanding (MoU) with the Singapore Institute of Technology (SIT), continuing their collaboration in maritime education, applied research, and innovation. The post DNV renews maritime collab with Singapore Institute of Technology appeared first on Offshore Energy.

BW Offshore emerges as preferred FPSO bidder for Canada’s $12B oil project

Equinor has taken another step to bring to life its oil project off the coast of Newfoundland and Labrador by inking heads of agreement (HoA) with BW Offshore for a floating production, storage, and offloading (FPSO) unit that will be deployed on the Canadian project, which was put on ice for three years a couple of years ago. The post BW Offshore emerges as preferred FPSO bidder for Canada’s $12B oil project appeared first on Offshore Energy.

Hydrogen associations team up to drive uptake of hydrogen value chains

Hydrogen Europe Research (HER) and the Clean Hydrogen Mission (CHM) have signed a memorandum of understanding (MoU) in Busan, South Korea, intending to speed up the development and uptake of integrated clean hydrogen value chains across developed and developing regions. The post Hydrogen associations team up to drive uptake of hydrogen value chains appeared first on Offshore Energy.