French-based engineering company Technip Energies has been awarded a project management consultancy (PMC) contract by Cyprus’ Natural Gas Infrastructure Company (ETYFA) for the country’s liquefied natural gas (LNG) terminal. The post French firm hired to jumpstart stalled Cypriot LNG project appeared first on Offshore Energy.
Backed by a European investment fund with over €300 million earmarked for green port investments, a new company acting as the “world’s first” capital partner for shore power, Seacap, has been launched. The post ‘World’s first’ capital partner for shore power launched in Norway appeared first on Offshore Energy.
French shipping and logistics major CMA CGM Group has signed a partnership agreement with Vietnamese port operator Saigon Newport Corporation (SNP) to develop a new deep-water terminal in Haiphong, northern Vietnam. The post CMA CGM to expand foothold in Vietnam with new deep-water terminal appeared first on Offshore Energy.
Norwegian oil and gas player Aker BP has secured the all-clear from the country’s authorities to use one of Odfjell Drilling’s semi-submersible rigs for drilling operations in the North Sea off the coast of Norway. The post Go-ahead for Aker BP’s North Sea drilling ops with Odfjell rig appeared first on Offshore Energy.
Fugro will carry out an offshore geotechnical survey at the Morgan and Mona offshore […] The post Fugro to perform geotechnical survey at Morgan and Mona offshore wind sites appeared first on Offshore Energy.
Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has set its sights on a careful evaluation of the use of Chinese and South Korean shipyards that meet its criteria while taking into consideration the changes in U.S. policy trends and geopolitical risks to meet the demand for liquefied natural gas (LNG) vessels. The post Geopolitical whims send MOL on ‘prudent’ shipyard selection quest for new LNG carrier orders appeared first on Offshore Energy.
Norway-headquartered gas storage specialist Umoe Advanced Composites (UAC) has received special permit approval from the US Department of Transportation (DOT) to authorise its hydrogen transport trailers for the US market. The approval covers UAC’s 350 bar multi-element gas containers, which use Type IV glass fibre composite vessels for high-pressure hydrogen storage and transport. Shawn Laughlin, President of Celly H2, which is a partner on the tech in the US, described the DOT approval as a pivotal step forward in accelerating hydrogen infrastructure in the US. “UAC’s proven track record in Europe and Asia, combined with this regulatory milestone, gives US customers access to a … tried and tested solution for clean energy distribution,” he said. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link
© JHVEPhoto / Shutterstock.com © JHVEPhoto / Shutterstock.com US industrial tech firm Honeywell has agreed to acquire UK chemicals-and-tech business Johnson Matthey’s Catalyst Technologies business for £1.8bn ($2.4bn). The deal will expand its proposition in hydrogen, ammonia, and sustainable aviation fuel (SAF). The acquisition is a fit with Honeywell’s UOP unit, which will strengthen its position in lower-emission fuels once the deal completes. For the first time, the company will be able to offer solutions to produce sustainable methanol, SAF, blue hydrogen, and blue ammonia. Vimal Kapur, Chairman and CEO of Honeywell, said buying these catalyst technologies broadens Honeywell’s role as a technology provider of energy needed to drive growth into the future. “As demand for diversified sources of energy continues accelerating, it will better enable Honeywell to offer the innovation our customers need,” he… Read More »Honeywell agrees to buy Johnson Matthey’s catalysts business for $2.4bn | Gas Acquisition News
The hydrogen industry must face a “sobering” market reality and move beyond the early hype if it is to deliver on its promise of decarbonising hard-to-abate sectors. That was the message from a recent H2 View webinar featuring engineering firm ABB and Ontario-based technology company Hydrogen Optimized, who said long-term cost efficiency and system reliability, not just upfront capital expenditure, will determine project viability going forward. While green hydrogen has seen strong momentum in recent years, recent headwinds driven by rising costs and an increased focus on blue hydrogen have slowed progress. “The market situation is not an easy one,” said Denis Krude, President and CEO of Hydrogen Optimized. “I would call it rather a sobering [sic] in the market.” He cited inflation, shifting political priorities, and lagging investments in distribution and offtake as key… Read More »Why total cost of ownership could be the new benchmark in green hydrogen | Hydrogen
Harbour Energy has brought online a subsea tie-back to its existing infrastructure off the coast of Norway, as part of a major revitalization of an oil field in the Norwegian Sea. The post Harbour Energy flows first oil from subsea tie-back in Norwegian waters appeared first on Offshore Energy.