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Statkraft advances plan for UK green hydrogen and ammonia project | Hydrogen

Norwegian state-owned power group Statkraft has obtained a land lease for its planned 400 MW green hydrogen and ammonia production facility in the Shetland Islands, UK. The Shetland Hydrogen Project 2 will use green hydrogen to produce green ammonia to be used in applications such as marine fuel and fertiliser production. It will be built at the disused Scatsta airport near the Sullom Voe oil terminal and the Shetland Gas Plant. The site will convert excess renewable electricity into hydrogen during periods of grid constraint, according to Statkraft. “This scheme offers an opportunity to combine Shetland’s renewable resources with innovative technology,” said Stuart Marley, Principal Hydrogen Project Manager at Statkraft. The company plans to take advantage of the Shetland’s ample renewable resources with three wind farms currently in pre-construction: Mossy Hill near Lerwick, and Energy… Read More »Statkraft advances plan for UK green hydrogen and ammonia project | Hydrogen

UAE drilling player scores first Dutch North Sea gig with Tenaz

A subsidiary of Shelf Drilling (North Sea) (SDNS) has secured a contract for a jack-up rig with Canada’s Tenaz Energy, a public energy company focused on the acquisition and development of international oil and gas assets, for operations in the Netherlands. The post UAE drilling player scores first Dutch North Sea gig with Tenaz appeared first on Offshore Energy.

Cheniere signs 20-year LNG supply deal with JERA

Cheniere Marketing, a subsidiary of U.S. player Cheniere Energy, has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Japan’s JERA. The post Cheniere signs 20-year LNG supply deal with JERA appeared first on Offshore Energy.

Uniper embarks on €8bn strategic reset but cools on hydrogen | Finance

Germany utility Uniper intends to invest about €8bn in its transformation by the early 2030s as it continues to wrestle with major financial challenges. It recorded adjusted EBITDA of €379m in the first half of 2025, significantly below its prior-year earnings of €1.7bn, and adjusted net income totalled €135m, down from €1.1bn. The company repaid €2.6bn state aid to the German government in March. Its power business will participate in the German government’s planned auction for new gas-fired power plants in the country. In the UK, Uniper plans to build two new gas-fired power plants, at Connah’s Quay and Killingholme, that could be equipped with carbon capture and storage. Connah’s Quay Low Carbon Power project was, earlier this week, confirmed by the UK government as a priority project in the HyNet cluster and Uniper is… Read More »Uniper embarks on €8bn strategic reset but cools on hydrogen | Finance

Korean and Canadian institutions join forces on sustainable technologies

The Korea Institute of Machinery and Materials (KIMM) has signed a memorandum of understanding (MoU) with Natural Resources Canada (NRCan) to collaborate on technologies related to resource recovery and environmental sustainability. The post Korean and Canadian institutions join forces on sustainable technologies appeared first on Offshore Energy.