The Maritime and Port Authority of Singapore (MPA Singapore) and Oslo-headquartered classification society DNV […] The post MPA, DNV continue joint push toward a digital, low-carbon maritime future appeared first on Offshore Energy.
Swiss specialty chemical company Clariant will provide catalysts for Spanish energy giant Repsol’s Ecoplanta waste-to-methanol plant in El Morell near Tarragona, Spain. The post Clariant’s catalysts to power Repsol’s waste-to-methanol plant in Spain appeared first on Offshore Energy.
AURELIA Design and CALCAREA joined forces to bring ocean-based carbon capture to commercial shipping. The post New partnership looking into ocean-based carbon capture in commercial shipping appeared first on Offshore Energy.
Norway-based TMC Compressors has won a contract to supply a marine compressed air system for a floating production, storage, and offloading (FPSO) unit under construction by Japan’s MODEC. The post MODEC’s FPSO destined for Brazil to sport Norwegian compressors appeared first on Offshore Energy.
Taking the next step in the development of green hydrogen hubs, Norwegian company GreenH has selected compatriot Nel ASA as the technology provider for its projects in Kristiansund and Slagentangen. The post GreenH making strides in developing green hydrogen projects appeared first on Offshore Energy.
Norway’s marine construction and operations player Ocean Installer, a wholly owned subsidiary of Moreld […] The post Large contract win gives Ocean Installer more work with Vår Energi appeared first on Offshore Energy.
European shipping emissions surged last year to their ‘highest’ level since official monitoring began […] The post T&E: EU Shipping emissions climb to record peak despite decarbonization efforts appeared first on Offshore Energy.
Aberdeen-based Zoex Power has concluded Phase III of its Ordu project, having collected three […] The post Zoex Power completes third phase of wave energy trials (Video) appeared first on Offshore Energy.
London-based INEOS Energy has signed a long-term agreement with U.S. energy company Kinetik Holdings, under which the latter will supply natural gas to Europe. The post INEOS turns to US gas to bolster Europe’s supply resilience appeared first on Offshore Energy.
India should adopt Japan’s contracts-for-difference (CFD) model to help make green hydrogen projects bankable and accelerate final investment decisions, according to Amrit Singh Deo, Senior Managing Director at FDI Consulting and advisor to the India Hydrogen Alliance (IH2A). Speaking on a gasworld/H2 View webinar, he explained that the bottleneck in projects reaching FID is not due to lack of demand, but bankability. “The answer is simple, it’s offtake – guaranteed [long-term] offtake,” he said. “Without offtake guarantees, no project is going to be bankable.” IH2A has recommended that India’s government adopt Japan’s CFD framework to overcome this financing barrier. CFDs are long-term contracts where a public agency compensates producers when market prices fall below fixed strike price, providing guaranteed revenue. “We’ve asked the Government of India to actually replicate the Japanese CFD model,” he said.… Read More »India urged to adopt Japan’s CFD model to unlock green hydrogen