China and France have put pen to paper on an agreement to establish a […] The post China-France green shipping corridor signed to ‘advance’ zero-carbon shipping routes appeared first on Offshore Energy.
HiiROC, a UK hydrogen production company, and Agile Energy Recovery Limited, a compatriot developer of low-carbon energy parks, have partnered to evaluate the deployment of HiiROC’s proprietary process to produce low-carbon hydrogen at Agile’s Thainstone Energy Park in Inverurie, Scotland. The post HiiROC and Agile Energy unite to advance hydrogen production in Scotland appeared first on Offshore Energy.
Industrial gases major Linde shrugged off a “stagnant” period of industrial activity to post a 24% rise in third quarter net income to $1.9bn, up $379m year-on-year. Quarterly operating profit totalled $2.4bn on the back of strong sales of $8.6bn. CEO Sanjiv Lamba said while Linde remains guarded on any near-term industrial recovery, he was confident its “time-tested capital allocation policy and disciplined investment approach will continue to value.” Americas sales of $3.8bn were up 6% on 2024, leading to an operating profit of $1.2bn, while APAC sales of $1.7bn were up 1% on last year. Compared with third quarter 2024, underlying sales decreased 1%, driven by stable volumes but 1% lower pricing, primarily due to helium’s value shrinking due to cheaper Russian supply being sold into Asia primarily. Europe, Middle East & Africa (EMEA)… Read More »Linde delivers strong quarter despite weaker industry activity | Quarterly Reports
Denmark-based towage service provider Svitzer has signed a letter of intent (LoI) with Cochin Shipyard to construct a new generation of electric tugs in India. The post Svitzer, Cochin Shipyards shake hands on electric tug manufacturing in India appeared first on Offshore Energy.
Danish technology company Topsoe has inaugurated its first solid oxide electrolyzer cell (SOEC) stack manufacturing facility in Herning, Denmark. The post Topsoe opens its first SOEC manufacturing facility in Denmark appeared first on Offshore Energy.
Carbon capture utilisation and storage (CCUS), bioenergy and hydrogen are set to play only a small part in cleaning up global emissions, according to research firm Rystad Energy. In a comprehensive global energy scenario report, it found decarbonising and growing the power sector through nuclear and established renewables will likely account for 52% of reductions and electrification of “almost everything” will provide 43%. “The final 5% is achieved by tackling residual emissions in hard-to-abate sectors through CCUS, hydrogen, and bioenergy,” it notes. “These are referenced in a rising number of national determined contributions, and projects are underway, but deployment remains modest compared to renewables and electrification. Long-term success depends on scaling these technologies far beyond their current footprint.” It forecasts hydrogen supply outlook now points to around 34 million tonnes by 2035, which is shaped… Read More »Hydrogen and CCUS are 5% of long-term emissions cuts, says Rystad | Hydrogen
Industrial gas major Air Liquide has weighed in on recent US legislation as it relates to blue hydrogen production. (() => var emptyParagraphs = document.querySelectorAll(‘.article-content > p:empty’) )(); This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today. Source link
BW Energy has shed light on the preliminary results of its appraisal well in the Orange Basin off the coast of Namibia, where the well was drilled using a rig owned by Northern Ocean and managed by Odfjell Drilling. The post Drilling results offshore Namibia ‘encouraging’ but further appraisal still needed appeared first on Offshore Energy.
Japanese maritime transport giant Nippon Yusen Kabushiki Kaisha (NYK Line) has received its latest […] The post NYK Line adds new 7,000 CEU LNG-fueled car carrier to roster appeared first on Offshore Energy.
Dutch maritime solar innovator Wattlab has delivered a seaworthy solar energy system for a diesel-electric vessel owned by compatriot shortsea shipping company Vertom. The post World’s first solar energy system installation completed on seagoing ship appeared first on Offshore Energy.