French wave energy developer Seaturns has secured €2.45 million to support the industrialization and […] The post Seaturns raises €2.45 million to launch full-scale wave energy demonstrator appeared first on Offshore Energy.
Bermuda-headquartered offshore drilling contractor Valaris Limited has won a contract extension for one drillship and a new contract for another with Anadarko Petroleum Corporation, a wholly-owned subsidiary of Occidental, in the Gulf of America. The post Valaris lands $760 million gigs for rig duo in US Gulf appeared first on Offshore Energy.
MethaneSAT has lost contact with a satellite developed to shed light on methane emissions that other tools cannot detect, with a focus on oil and gas operators as the largest industrial source of the methane menace. The post Satellite down for the count but fight against methane in oil & gas realm will go on appeared first on Offshore Energy.
Perenco has pinpointed a new production sharing contract (PSC) for an offshore block as a stepping stone toward a final investment decision (FID) for the development of a gas and condensate field off the coast of Vietnam, Southeast Asia. The post 25-year PSC chapter paving the way for gas development offshore Vietnam appeared first on Offshore Energy.
The European Commission has granted a total of €22 million in co-funding for the Hansalink 3 project between the Finnish Port of Helsinki and the German port of Lübeck-Travemünde. The post Helsinki, Lübeck-Travemünde ports get €22M EU boost appeared first on Offshore Energy.
Borr Drilling, an offshore drilling player, has taken steps to strengthen its balance sheet for continued growth, with a financing package, and revealed its Chief Executive Officer (CEO) succession plan. The post Borr Drilling sets the stage for liquidity boost and CEO succession appeared first on Offshore Energy.
Brazilian energy player Brava Energia has registered an increase in output from its assets offshore Brazil. The post Brazilian player’s offshore output grows, setting new production benchmarks appeared first on Offshore Energy.
China Petroleum & Chemical Corporation (Sinopec), together with Shandong Province and Qingdao Municipality, has […] The post Sinopec launches first floating offshore solar plant in China’s seawater zone appeared first on Offshore Energy.
Norwegian maritime solutions provider Wilhelmsen Ships Service (WSS) has joined the Maritime Battery Forum (MBF), a global community of maritime battery enablers, to drive adoption of clean energy and accelerate electrification in the maritime sector. The post WSS to accelerate electrification as newest member of Maritime Battery Forum appeared first on Offshore Energy.
The looming threat of a restriction on the use of Per-and polyfluoroalkyl substances (PFAS) – or so-called ‘forever chemicals’ – is a source of contention across industry with uncertainty over the effects on products, processes and balance sheets. Although often overlooked, this is also a growing source of concern for the industrial gas and equipment industry. In the view of the latest GWGI RiskWatch report published earlier this week, the subject of PFAS regulation and a scenario where an outright ban (with exemptions) exists would carry a considerable risk to the industrial gas and equipment industry. The report focuses on medical oxygen delivery, wider compressed gas equipment, and the use of PFAS in electrolysers and fuel cells as particular pain points. What’s going on with PFAS? PFAS is a family of more than 10,000 chemicals… Read More »Why a PFAS ban is such a risk to the industrial gases business | Air Gases