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NOV lands work on Argentina’s first FLNG project

Oilfield services company NOV has won a contract to provide a mooring solution for an offshore floating liquefied natural gas (FLNG) project in the Gulf of San Matías, offshore Argentina. The post NOV lands work on Argentina’s first FLNG project appeared first on Offshore Energy.

ACWA Power taps L&T for renewables and grid scope of green hydrogen hub in Yanbu

Indian multinational conglomerate Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with Saudi developer of green hydrogen plants ACWA Power for a green ammonia project in Yanbu, a port city on the Red Sea. The post ACWA Power taps L&T for renewables and grid scope of green hydrogen hub in Yanbu appeared first on Offshore Energy.

North Sea operator prolongs Petrofac’s UK gig for two more years

Petrofac, a UK-headquartered oilfield services provider, has won a contract extension in the UK sector of the North Sea, allowing it to remain on an assignment with Ithaca Energy, a North Sea oil and gas operator and producer. The post North Sea operator prolongs Petrofac’s UK gig for two more years appeared first on Offshore Energy.

‘Major milestone’ for Australian project: Santos unveils first gas from BW Offshore FPSO

Australian energy player Santos has revealed the beginning of production operations related to a floating production, storage, and offloading (FPSO), which is managed by Norway’s BW Offshore and deployed at its project off the coast of Australia’s Northern Territory. The post ‘Major milestone’ for Australian project: Santos unveils first gas from BW Offshore FPSO appeared first on Offshore Energy.

Macquarie Asset Management closes $3bn green energy fund | Finance

Global asset manager Macquarie Asset Management (MAM) has closed a $3bn green energy transition fund which targets renewable fuels and carbon capture among other novel sectors. It marks Macquarie’s first dedicated energy transition fund targeting opportunities beyond mature renewables. The fund’s portfolio spans geographies and technologies and includes sustainable aviation fuel business SkyNRG and Calibrant Energy, which provides distributed energy solutions for industrial firms in North America. Chris Archer, Executive Director, MAM Green Investments, said the significant investment requirements of the global energy transition present an opportunity to build tomorrow’s infrastructure. … 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 to keep reading? Please register for free and create a profile to gain access to this… Read More »Macquarie Asset Management closes $3bn green energy fund | Finance