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Boskalis vessels carry out ‘all in one’ FPSO job for MODEC

Boskalis has finished its assignment off the coast of Côte d’Ivoire, where its fleet of anchor handling and oceangoing tugs undertook work related to a floating production, storage, and offloading (FPSO) vessel, which is going to be refurbished in the UAE to enable it to remain on duty in West Africa for many more years. The post Boskalis vessels carry out ‘all in one’ FPSO job for MODEC appeared first on Offshore Energy.

With ‘strong market interest’, VTTI advances Amplifhy project to the next phase

Following the request for expression of interest, the Dutch energy infrastructure firm VTTI is taking its Amplifhy project, which includes the development of ammonia import terminals and cracking facilities in Rotterdam and Antwerp, to the next phase of its open season. The post With ‘strong market interest’, VTTI advances Amplifhy project to the next phase appeared first on Offshore Energy.

Geologic hydrogen needs intensive R&D, says study | largely academic knowledge base

Geologic hydrogen is high-risk but high-reward due to challenges related to limited, non-real-world knowledge, according to a new study. Geologic hydrogen, also known as white or natural hydrogen, is formed inside the Earth’s crust through natural processes in areas of iron-rich rock and can accumulate in underground reservoirs. Its potential as a clean and low-cost source of hydrogen has been growing in recent years, as various companies and governments start exploration efforts. Early last year, Rystad Energy estimated that 40 companies were searching for natural hydrogen deposits, up from just 10 in 2020. However, according to a study by Sandia National Laboratories in the US questions remain about how subsurface hydrogen can be found and recovered, with more R&D efforts required across various elements of the operation. “The key challenge to making geologic hydrogen a… Read More »Geologic hydrogen needs intensive R&D, says study | largely academic knowledge base

Port of Santos, North Sea Port eye green shipping corridor

Brazil’s Santos Port Authority (APS) and the Dutch-Belgian North Sea Port have signed a memorandum of understanding (MOU) to collaborate on decarbonization-oriented initiatives. The post Port of Santos, North Sea Port eye green shipping corridor appeared first on Offshore Energy.

EU policy delays could hinder hydrogen and nuclear industry | Hydrogen

Any delays in low-carbon fuel regulations could hinder the growth of the hydrogen and nuclear industries. Under EU draft plans following the launch of the Clean Industrial Deal, Brussels will not start consulting on nuclear until June 2026 and hydrogen produced from nuclear would not be classified ‘low carbon’ until 2028, according to reports. A wave of policy updates are currently landing in Europe – with tight timeframes attached. Alongside the Clean Industrial Deal, the European Green Deal includes a commitment to reduce net greenhouse gas emissions by at least 55% by 2030, compared with 1990 levels. This is why nuclear is gaining attention. Nuclear power itself is considered low-carbon due to minimal greenhouse gas emissions during electricity generation. However, when you factor in the entire lifecycle, such as mining, fuel processing, construction and decommissioning,… Read More »EU policy delays could hinder hydrogen and nuclear industry | Hydrogen

Energean gives Moroccan offshore assets back to Chariot

Given its belief in the assets’ gas potential, Africa-focused energy company Chariot has retaken the operator role at two Moroccan offshore licenses from London-based oil and gas player Energean. The post Energean gives Moroccan offshore assets back to Chariot appeared first on Offshore Energy.

Offtake deal locked in ahead of US LNG terminal’s FID

U.S.-based Commonwealth LNG and Kimmeridge Texas Gas (KTG), affiliates of the energy-focused alternative investment manager Kimmeridge, have inked binding agreements with Swiss-headquartered Glencore for the supply of liquefied natural gas (LNG) from an export facility under development in Louisiana. The post Offtake deal locked in ahead of US LNG terminal’s FID appeared first on Offshore Energy.

Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit

Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2025. The post Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit appeared first on Offshore Energy.