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BP-ADNOC JV secures exploration rights for gas field off Egypt

Arcius Energy, an affiliate of the UK’s BP and the UAE’s ADNOC, has signed a deal with several partners enabling it to get exploration rights in a concession offshore Egypt. The post BP-ADNOC JV secures exploration rights for gas field off Egypt appeared first on Offshore Energy.

Masdar buys stake in Austria’s largest green hydrogen project | Hydrogen

UAE energy firm Masdar is raising its profile in Europe after buying a 49% stake in Austria’s largest green hydrogen project, according to agency reports. Austrian integrated energy and petrochemicals company OMV is building a 140MW electrolyser which is expected to produce up to 23,000 tonnes of green hydrogen annually, once it opens at the end of 2027, if all goes to plan. The hydrogen will be used to decarbonise the nearby OMV Schwechat refinery by replacing hydrogen currently derived from natural gas. The investment shows how global partnerships are trying to deliver green hydrogen. Masdar, which has been working on green hydrogen since 2008, aims to be a leading producer by 2030. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly… Read More »Masdar buys stake in Austria’s largest green hydrogen project | Hydrogen

Another task on $31.8 billion US LNG project lands on Baker Hughes’ plate

U.S.-headquartered energy technology giant Baker Hughes has more work to grind through at a liquefied natural gas (LNG) export project in Texas, as it has been hired to provide the primary liquefaction equipment for another segment of this multibillion-dollar undertaking in the United States. The post Another task on $31.8 billion US LNG project lands on Baker Hughes’ plate appeared first on Offshore Energy.

HYDS forges ahead with green hydrogen production projects

Hydrogen Solutions (HYDS) has reached final investment decisions (FIDs) for its two green hydrogen production projects, HyFuel and Kaupanes Hydrogen, advancing them into the construction phase. The post HYDS forges ahead with green hydrogen production projects appeared first on Offshore Energy.

Appraisal of black gold discovery coming up next year in Gulf of America

Houston-based energy player Talos Energy is setting the stage to undertake appraisal activities in 2026 at its recent oil discovery in the Gulf of America (U.S. Gulf of Mexico), which was drilled with a drillship owned by Seadrill, an offshore drilling contractor. The post Appraisal of black gold discovery coming up next year in Gulf of America appeared first on Offshore Energy.

BASF opens green hydrogen and fuel cell component facility

BASF Environmental Catalyst and Metal Solutions (ECMS) has opened a production facility for green hydrogen and fuel cell components in Budenheim, Germany, near Frankfurt. The post BASF opens green hydrogen and fuel cell component facility appeared first on Offshore Energy.