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Guyana partners strike loan deal

CGX, a Canadian-based oil and gas exploration company focused on oil exploration in the Guyana-Suriname Basin, has entered into a loan agreement with a subsidiary of Frontera Energy Corporation, its joint venture partner in a petroleum prospecting license for a block offshore Guyana. The post Guyana partners strike loan deal appeared first on Offshore Energy.

Plug Power to supply 2GW of electrolysers for Uzbekistan eSAF | Technology Gas News

US-based hydrogen solutions provider Plug Power will deliver up to 2GW of its electrolyser systems to support development of sustainable aviation fuel, eSAF, and green diesel by Australian firm Allied Biofuels at a flagship new facility in Uzbekistan. The deal was signed in Australia during a visit to the region by Plug Power CEO Andy Marsh. “We’re turning hydrogen commitments into real, operating projects at multi-gigawatt scale,” he said. “Signing this supply agreement in Australia highlights our deep engagement in the global hydrogen economy.” Uzbekistan might seem an unlikely location for one of the world’s largest eSAF and green diesel projects, but several factors explain its selection. … 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… Read More »Plug Power to supply 2GW of electrolysers for Uzbekistan eSAF | Technology Gas News

Drilling job in Saudi waters on ADES rig’s agenda in January

ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has secured the green light to restart one of its offshore drilling assignments off the coast of Saudi Arabia. The post Drilling job in Saudi waters on ADES rig’s agenda in January appeared first on Offshore Energy.