ConocoPhillips is getting a new partner for hydrocarbon exploration activities in the Otway Basin off the coast of Australia, where the firm and its partners will look for more commercially viable natural gas reserves. The post ConocoPhillips’ hunt for gas offshore Australia continues as Asian firm jumps on the bandwagon appeared first on Offshore Energy.
As Africa continues to attract more interest in its offshore basins, U.S.-headquartered oilfield services player Halliburton has lent a helping hand to Rhino Resources for exploration activities on Block 2914 within the petroleum exploration license (PEL) 85 off the coast of Namibia. The post Halliburton plays its part in Rhino’s oil search offshore Namibia appeared first on Offshore Energy.
South Korean steel manufacturer Posco Holdings and chemical company LG Chem are to pilot carbon capture and utilisation technology that converts CO2 from steelmaking into synthetic gas for reuse in industrial processes. The demonstration project, part of South Korea’s national CCU Mega Project, will see CO2 captured at Posco’s Pohang steelworks and processed using LG Chem’s dry methane reforming technology. Dry methane reforming combines CO2 and methane to produce synthetic gas, or syngas – a mixture of carbon monoxide and hydrogen – which can be used as a reducing agent in steel production or as a feedstock in chemical manufacturing, including plastics and fuels. Methane is likely to be supplied from natural gas or other industrial sources. The pilot will begin with a design phase in 2026, followed by construction in 2028 and demonstration operations… Read More »Korea pilot project will turn steel emissions into syngas | Syngas Plant
Poland’s CRIST has held the keel laying ceremony for an offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group. The post DOF’s new offshore support vessel starts taking shape in Poland appeared first on Offshore Energy.
A Malaysia-headquartered provider of marine services to the offshore oil & gas industry has made […] The post Malaysian company looking to bypass global vessel shortage with new cable layer appeared first on Offshore Energy.
In what is described as a “historic moment”, the South Korean shipbuilding industry has […] The post South Korea, United States to ‘strengthen’ shipbuilding ties appeared first on Offshore Energy.
ACWA Power has signed several clean energy memoranda of understanding (MoUs) with U.S. companies, totalling $500 million. The post ACWA Power strengthens US clean energy ties with $500 million in new deals appeared first on Offshore Energy.
The UK’s North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed […] The post NSTA and Crown Estate Scotland to team up on North Sea energy, carbon storage appeared first on Offshore Energy.
Boskalis has deployed a set of dredgers and other vessels from its fleet in the Middle East to lay the groundwork for the creation of a new liquefied natural gas (LNG) terminal in the port of Sohar, bringing Oman closer to turning its dreams of housing the first LNG bunkering hub in the Middle East into reality. The post Boskalis vessels ‘spot hunting’ to clear the way for new LNG terminal appeared first on Offshore Energy.
The Danish Energy Agency has prequalified ten companies eligible to submit proposals for funding available under its carbon capture and storage (CCS) initiative aimed at helping the country reach its climate goals. The post 10 companies shortlisted to vie for Denmark’s C02 storage funding appeared first on Offshore Energy.