Italy’s maritime transportation group Fratelli Cosulich has launched its new methanol-powered IMO II chemical bunker tanker, Maya Cosulich. The post Methanol-powered Maya Cosulich hits the water appeared first on Offshore Energy.
The Marine Renewable Energy Collaborative (MRECo), a non-profit corporation dedicated to the sustainable development […] The post Massachusetts backs tidal and wave energy with $1.9 million grant appeared first on Offshore Energy.
A shipment of liquefied natural gas (LNG) is on its way to Italy from Egypt on board a vessel operated by the UK-headquartered energy giant Shell. The post Shell ships Italy-bound LNG cargo from Egyptian plant appeared first on Offshore Energy.
Australian energy player Santos has appointed an acting Chief Financial Officer (CFO) following the current CFO’s resignation. The post Acting CFO steps in at Santos as predecessor quits ‘to pursue other interests’ appeared first on Offshore Energy.
Investment in climate action is the economic growth story of today and the future, while growth fuelled by fossil fuels is futile because the damage it causes ends in self-destruction, the economist Nicholas Stern has said. The plummeting costs of clean technologies, plus the healthier and more productive societies they enable, mean investments in cleantech simultaneously tackle the climate crisis and faltering economic growth, he said. Stern is well-known globally but perhaps best known in the UK In 2006 he led a landmark review for the UK government that concluded climate action would cost less than the damage caused by inaction. He has new book due to come out on 5 November, The Growth Story of the 21st Century: The Economics and Opportunity of Climate Action. His conclusions from 2006 remain valid today but have… Read More »Green investment ‘the growth story of the future’ – economist | Finance
Offshore drilling contractor Valaris has secured a new multimillion-dollar assignment for its 12-year-old drillship off the coast of Egypt with BP Exploration Delta, a subsidiary of the UK-headquartered energy giant BP. The post BP hires Valaris’ 2013-built drillship for multi-well gig in Middle East appeared first on Offshore Energy.
Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has started drilling the first well in what is said to be Angola’s first non-associated gas development. The post Valaris rig spuds Angola’s inaugural non-associated gas development for Azule appeared first on Offshore Energy.
Njord Survey has signed a long-term framework agreement with 50Hertz for survey services that […] The post Swedish offshore survey specialist nets contract with 50Hertz appeared first on Offshore Energy.
UK energy company Centrica and UK gas grid operator National Gas have completed the first hydrogen blend into the UK National Transmission System (NTS). The trial took place last week [9 October] and involved National Gas injecting a 2% blend of green hydrogen into the gas grid, before being blended with natural gas to generate power at Centrica’s Brigg Power Station. The test showed blending is technically and operationally viable as well as the potential of hydrogen to decarbonise energy infrastructure and its role as a back-up energy source. While blending is still being tested, it creates new opportunities for hydrogen producers. … 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… Read More »Centrica and National Gas add hydrogen to UK grid in test | Hydrogen
Equinor has secured the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with semi-submersible rigs owned by Transocean and COSL Drilling Europe, two offshore drilling contractors. The post All systems go for Equinor’s drilling ops with Transocean and COSL rigs appeared first on Offshore Energy.