Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has placed a bond for a floating, production, storage, and offloading (FPSO) unit working at an oil field in the pre-salt Campos Basin offshore Brazil. The post Yinson issues ‘largest-ever’ FPSO project bond to refinance Brazilian unit appeared first on Offshore Energy.
Innovex International, a Houston-based provider of products and technologies to the oil & gas […] The post Newly formed Houston firm sheds subsea tree business to focus on core product lines appeared first on Offshore Energy.
Velesto Drilling, a subsidiary of Velesto Energy, has won a new multi-well drilling assignment for one of its jack-up rigs off the coast of Malaysia, Southeast Asia. The post 15-well drilling campaign in Malaysian waters goes to Velesto rig appeared first on Offshore Energy.
Dutch-Norwegian firm SolarDuck has completed a test campaign at the Maritime Research Institute Netherlands […] The post SolarDuck tests interconnected offshore floating solar platforms in scaled MARIN trials appeared first on Offshore Energy.
In response to an increasing need for safeguarding critical maritime infrastructure due to ongoing […] The post In response to higher demands for security, test bed for protecting critical infrastructure opens in Norway appeared first on Offshore Energy.
PowerCell has signed a SEK 44 million (around $4.626 million) agreement with an undisclosed Italian marine OEM for the development and delivery of a new MS-500 marine fuel cell system. The post PowerCell lands order for new MS-500 marine fuel cell system appeared first on Offshore Energy.
InfraVia, a France-based private equity company, has completed the acquisition of an 80% majority stake in compatriot maritime company Louis Dreyfus Armateurs (LDA). The post As new stakeholder joins, LDA ready to future-proof business with €1B investment appeared first on Offshore Energy.
Australia’s green hydrogen sector has been dealt a major blow with news that Stanwell Corporation is stopping the Central Queensland Hydrogen Project. In a brief statement, it said the project had been a “valuable international collaboration that has provided important technical and commercial knowledge to support the future large-scale commercialisation of renewable hydrogen”, without detailing the reasons for pulling out. Funding is likely to be the main reason, as the Queensland government announced earlier this year it would not extend any further loans or grants for the project – and the broader slump in the hydrogen market will have been another factor. The ambitious project aimed to deliver 800 tonnes of green hydrogen per day and create almost 9,000 jobs, as well as delivering billions of dollars of export revenues over a 30-year lifespan. Australia… Read More »Hydrogen setback as Stanwell cancels Queensland project | Hydrogen
Port of Antwerp–Bruges is targeting hydrogen imports and carbon dioxide exports as it aims to position itself as Europe’s chemical and logistics hub. By 2030, it aims to import one million tonnes of hydrogen and derivates a year – not only for Belgium, but also as an energy source for industrial clusters in Germany and in other parts of Europe. It is building a large-scale carbon transport network and investing in facilities for importing low-carbon hydrogen, ammonia, methanol and biofuels. “All these projects are actively enabling the European Clean Industrial Deal, the focus of which is to create a competitive and climate-neutral industry, to become a reality,” it said in a statement. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit… Read More »Port of Antwerp–Bruges targets hydrogen and CO2 opportunities | Europe
Shelf Drilling (SHLF) has landed a multi-year assignment for one of its jack-up rigs in the Middle East, where it will continue its drilling work with Aramco. The post Shelf Drilling rig staying five more years with Aramco appeared first on Offshore Energy.