TURBO-METH, a green methanol production technology project backed by the UK’s port operator Associated British Ports (ABP), has secured funding as part of the UK Department for Transport’s Clean Maritime Demonstration Competition (CMDC) 6. The post ABP-backed collaboration wins UK government funding for green methanol project appeared first on Offshore Energy.
AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has taken delivery of Ventumar, the eighth vessel in its pioneering series of twelve plug-in hybrid coasters. The post AtoB@C Shipping: Eighth plug-in hybrid newbuild delivered appeared first on Offshore Energy.
Energy stands at the forefront of statecraft and energy security and industrial strategy are now interdependent, according to a new JPMorganChase report. It finds that today’s contest is no longer just about barrels and pipelines but who controls minerals, grids, financing, and technologies that will power the 21st century. “Artificial intelligence (AI) has only supercharged this shift,” it notes. “The data centres driving the AI race require gigawatts of stable electricity, forcing governments to treat power as a strategic asset on par with oil in the 20th century.” This week alone has seen Microsoft announce a major new investment in the UK, following on from Google. Through this security-focused lens, it concludes that the clear competitive advantage for fossil fuel dominance is in North America, the Middle East, and Asia. … to continue reading this… Read More »Energy security ‘is industrial strategy’ says JP MorganChase report | Report
On a European footprint expansion quest, Madrid-headquartered Asterion Industrial Partners, an investment management firm, has enlarged its energy portfolio with the acquisition of an interest in a liquefied natural gas (LNG) terminal, described as not only France’s largest LNG receiving and regasification facility, but also one of the largest in continental Europe. The post Spain-headquartered Asterion comes on board France’s largest LNG terminal appeared first on Offshore Energy.
Allseas has won a contract with TAQA UK for the engineering, preparation, removal, and disposal (EPRD) of a platform in the UK Central North Sea. The post Allseas tasked with dismantling long-serving platform in UK North Sea appeared first on Offshore Energy.
Swedish wave energy developer CorPower Ocean has completed a geophysical survey offshore Aguçadoura, northern […] The post Geophysical survey clears way for 10 MW wave energy project in Portugal appeared first on Offshore Energy.
Enviros Group broadens its APAC footprint by joining forces with one of the region’s […] The post Enviros Group rapidly expands Southeast Asia presence with HGIS acquisition appeared first on Offshore Energy.
Dutch container terminal operator Inland Terminals Group (ITG), compatriot inland shipping company Zero Emission Services (ZES) and logistics company Nedcargo have launched fully emission-free container transport on inland waterways. The post ITG, ZES and Nedcargo debut emission-free inland shipping in the Netherlands appeared first on Offshore Energy.
Texas GulfLink, an affiliate of Dallas-based Sentinel, has received a permit from the U.S Environmental Protection Agency (EPA) for its offshore deepwater crude oil export terminal near Freeport, Texas. The post Texas’ deepwater crude oil export port cleared for takeoff as US energy expansion continues appeared first on Offshore Energy.
Italy’s energy giant Eni and its partners in an integrated project offshore Ghana, Vitol and the Ghana National Petroleum Corporation (GNPC), have signed a memorandum of intent (MOI) with Ghana’s government to boost the country’s oil and gas production capacity. The post Eni and Vitol eye integrated project’s output increase offshore Ghana appeared first on Offshore Energy.