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JAPEX exits one block off Indonesia and buys stake in another

Japan Petroleum Exploration (Japex) has divested its stake in Energi Mega Pratama Inc. (EMPI), through which it participated in a block offshore Java, Indonesia, to the latter’s parent company Energi Mega Persada (EMP). The post JAPEX exits one block off Indonesia and buys stake in another appeared first on Offshore Energy.

3D reprocessing paving the way for first oil from fields offshore Timor-Leste

With the results of a 3D reprocessing project for PSC 19-11 in hand, Perth-based oil and gas exploration player Finder Energy has embarked on the interpretation of the data, focusing on updating mapping of undeveloped oil fields in the Timor Sea off the southeast coast of Timor-Leste to finalize placement of development wells in a bid to optimize production. The post 3D reprocessing paving the way for first oil from fields offshore Timor-Leste appeared first on Offshore Energy.

US researchers optimise liquid hydrogen system for aviation | Hydrogen

A liquid hydrogen storage and delivery system designed by researchers at the FAMU-FSU College of Engineering in the US state of Florida aims to deliver zero-emission aviation while addressing key storage and cooling challenges. A team has designed a system for a 100-passenger aircraft hybrid-electric aircraft that draws power from both hydrogen fuel cells and turbine-driven superconducting generators. Hydrogen produces more energy per kilogram than conventional jet fuel and emits no carbon dioxide when burnt, making it practical for aviation. However, it is much less dense, which means it must be stored as a supercooled (–253℃) liquid to take up less space. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link

Shipbrokers: ONE orders 8+4 LNG-powered containerships

Singapore-based shipping company Ocean Network Express (ONE) has reportedly placed an order for eight liquefied natural gas (LNG)- powered 16,000 TEU boxships in South Korea. The post Shipbrokers: ONE orders 8+4 LNG-powered containerships appeared first on Offshore Energy.

Plagazi receives €29.5M EU grant for its waste-to-circular hydrogen project

Sweden’s cleantech company Plagazi has received a €29.5 million grant from the EU Innovation Fund for ‘Gävle Circular Park,’ its flagship project described as a key part of efforts to advance the development of local value chains across several sectors, including hydrogen transport, CO2 transport and storage, and renewable energy integration. The post Plagazi receives €29.5M EU grant for its waste-to-circular hydrogen project appeared first on Offshore Energy.

Hit and miss in North Sea: Drilling ops yield new oil find

Norwegian oil and gas player OKEA has made a new oil discovery in an exploration well in the North Sea off the coast of Norway. However, the drilling activity at another well left the firm empty-handed, as no hydrocarbons were found. The post Hit and miss in North Sea: Drilling ops yield new oil find appeared first on Offshore Energy.