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MODEC tasked with full scope of Guyana-bound FPSO for ExxonMobil’s $6.8B oil project

Following a final investment decision (FID) for its seventh offshore oil development in the Stabroek block, ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has put Japan’s MODEC in charge of the full engineering, procurement, construction, and installation (EPCI) work for a floating production, storage, and offloading (FPSO) vessel destined to be deployed at its project off the coast of Guyana. The post MODEC tasked with full scope of Guyana-bound FPSO for ExxonMobil’s $6.8B oil project appeared first on Offshore Energy.

TUI Cruises books two new LNG-powered ships at Fincantieri

TUI Cruises, a joint venture between TUI and Royal Caribbean Cruises, has commissioned Italian shipbuilder Fincantieri for the construction of the new cruise ships that will be powered by dual-fuel LNG engines. The post TUI Cruises books two new LNG-powered ships at Fincantieri appeared first on Offshore Energy.

As first oil gushes out of Gulf of America FPU, production ramp-up coming next quarter

LLOG Exploration has brought online a deepwater project in the Gulf of America (Gulf of Mexico) using a refurbished floating production unit (FPU). The firm plans to step up its oil production game at this project in the fourth quarter of 2025. The post As first oil gushes out of Gulf of America FPU, production ramp-up coming next quarter appeared first on Offshore Energy.

TGS embarks on multi-client OBN survey in Gulf of America

Norway-based energy data and intelligence player TGS has kicked off a new multi-client ultra-long offset ocean bottom node (OBN) data acquisition campaign in the Gulf of America (the U.S. Gulf of Mexico). The post TGS embarks on multi-client OBN survey in Gulf of America appeared first on Offshore Energy.

Build begins on Austria iron plant that uses hydrogen | Hydrogen

A trio of partners has broken ground on a hydrogen-based ironmaking plant in Linz, Austria. The H4Smelt demonstration facility will use HYFOR (hydrogen-based fine-ore reduction), a direct reduction technology for iron ore fines developed by UK-headquartered firm Primetals Technologies. The project will take place at a plant owned by technology group Voestalpine and 70% of the iron ore for the plant will be supplied by global mining company Rio Tinto. The process, fuelled by green hydrogen from Voestalpine’s electrolysis plant, is designed to reduce emissions from ironmaking, which traditionally relies on carbon-intensive blast furnaces for hot metal and commercial hot-briquetted iron (HBI) production. Traditional coal-fired blast furnaces emit around 2.3 tonnes of CO2 for every tonne of steel. … to continue reading this article and more, please login, register for free, or consider subscribing to… Read More »Build begins on Austria iron plant that uses hydrogen | Hydrogen