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Two-train expansion of Cheniere’s South Texas LNG terminal is a go

U.S. energy player Cheniere Energy has made a positive final investment decision (FID) for the project proposing to add two new trains to its liquefied natural gas (LNG) project on the La Quinta Ship Channel in South Texas The post Two-train expansion of Cheniere’s South Texas LNG terminal is a go appeared first on Offshore Energy.

BV: Achieving sustainable blue economy extends beyond decarbonizing shipping

Bureau Veritas Marine & Offshore (BV), a French specialist in testing, inspection, and certification, has highlighted the need to reframe how the global fleet is financed, fueled, and operated if its decarbonization goals are to be achieved. The post BV: Achieving sustainable blue economy extends beyond decarbonizing shipping appeared first on Offshore Energy.

Concrete platform base set in place at Cenovus’ Canadian field

Canada’s oil and gas company Cenovus Energy has welcomed a structure that will form part of the drilling platform at its field offshore Newfoundland, Canada. The post Concrete platform base set in place at Cenovus’ Canadian field appeared first on Offshore Energy.

UK launches 10-year industrial strategy with push on clean power and digital

The UK is doubling investment in clean energy industries to more than £30bn a year by 2035 under its 10-year industrial strategy that launches today [23 June]. But the initial 22-page document is light on specific details, beyond ‘prioritising investment’ for the so-called IS-8 categories (advanced manufacturing, defence, clean energy, digital and technology, creative, financial services, life sciences, and professional and business services). The UK government claims the intervention will boosts 7,000 businesses that will see their electricity bills fall 25% from 2027, by up to £40 per megawatt hour. In particular, electricity-intensive manufacturing businesses will be exempt from paying levies such as the renewables obligation, feed-in tariffs and the capacity market, helping level the playing field and make them more internationally competitive. Eligibility and further details on the exemptions will be determined following consultation,… Read More »UK launches 10-year industrial strategy with push on clean power and digital

‘Significant milestone’ for BP’s mega gas project as FLNG moves to commercial ops

Golar LNG has opened the doors to a multibillion-dollar backlog, thanks to a floating LNG (FLNG) unit, which has ticked off its task list a commercial operations date (COD) at a huge gas project in African waters, operated by the UK-headquartered BP. The post ‘Significant milestone’ for BP’s mega gas project as FLNG moves to commercial ops appeared first on Offshore Energy.

Alternative fuels: How far has tanker industry come?

The tanker sector keeps its finger on the pulse regarding fuel options but is cautious about readiness, safety, and regulatory support, BIMCO, the world’s largest international shipping association, said. The post Alternative fuels: How far has tanker industry come? appeared first on Offshore Energy.

Industry groups: EU’s draft GHG rules threaten feasibility of low-carbon hydrogen

Industry groups have called on the European Commission to acknowledge their concerns with the current draft ‘Delegated Act’ defining the greenhouse gas (GHG) methodology for low-carbon hydrogen and its derivatives, claiming that the new version of this secondary legislation threatens the overall feasibility of this energy pathway. The post Industry groups: EU’s draft GHG rules threaten feasibility of low-carbon hydrogen appeared first on Offshore Energy.