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Welsh tidal energy receives €2.3 million boost from government

Tidal energy developer Inyanga Marine Energy Group is set to improve its technology at the Morlais tidal energy site off Ynys Mon with a £2 million (around €2.36 million) equity investment from the Welsh Government. The post Welsh tidal energy receives €2.3 million boost from government appeared first on Offshore Energy.

Dutch-UAE duo teams up on Perenco’s FLNG project in Gabon

UAE-headquartered engineering and construction company Technomak has signed an engineering, procurement, construction, commissioning, and integration (EPCCI) agreement with the Netherlands’ integrated solutions provider Dixstone, an affiliate of Anglo-French oil and gas player Perenco Group, for a floating LNG (FLNG) project the latter will undertake offshore Gabon. The post Dutch-UAE duo teams up on Perenco’s FLNG project in Gabon appeared first on Offshore Energy.

IMO midterm measures could add $100B per year to fleet bunker costs

The International Maritime Organization’s (IMO) recently agreed Net-Zero Framework is projected to add an 82% premium on top of the fleet bunker costs by 2035. The post IMO midterm measures could add $100B per year to fleet bunker costs appeared first on Offshore Energy.

Prysmian hand-picks CRP Subsea’s cable protection gear for Spanish interconnection project

Prysmian has placed an order with the UK-headquartered CRP Subsea, part of AIS, for a cable protection solution, which will be used on the submarine power interconnection between the Spanish mainland and Ceuta, a Spanish city on the North African coast. The post Prysmian hand-picks CRP Subsea’s cable protection gear for Spanish interconnection project appeared first on Offshore Energy.

Podcast | Where hydrogen is going right (part 1)

In this episode of The 1895 Podcast we discuss the current state of the hydrogen industry, reflecting on recent positive developments, progress within the sector, and projects that have so far achieved final investment decision (FID) this year. We explore the significance of these FID’s across various hydrogen projects, the emergence of South America as a hotspot for hydrogen production, and the positive predictions from analysts regarding the future of hydrogen investment. We also cover some of the governments and initiatives supporting the growth of hydrogen, including Hydrogen Allocation Round 2 (HAR2), the EU Clean Industrial Deal, and the recent Spanish windfall tax rejection. Listen above or click here to follow The 1895 Podcast, wherever you get your podcasts. The 1895 Podcast  The 1895 Podcast is a content-driven podcast for the global industrial gases business,… Read More »Podcast | Where hydrogen is going right (part 1)

Linde pegs clean energy projects pipeline at $10bn over three years

Industrial gas major Linde has said it remains confident in delivering $8bn to $10bn worth of clean energy projects over the next few years, underpinned by blue hydrogen and US 45Q tax credits. Speaking during the company’s Q1 2025 earnings call, CEO Sanjiv Lamba said Linde was “about halfway through” that near-term pipeline, supported by two major projects currently underway, and despite slower momentum around large-scale green hydrogen. “We still feel reasonably confident that $8bn to $10bn over three years is something that we are set to get to,” said Lamba. He added that additional project trains and new developments in the Middle East and Europe could provide a further boost. Linde originally announced a $50bn clean energy opportunity two years ago, as part of a longer-term strategy. But Lamba stressed that near-term activity is… Read More »Linde pegs clean energy projects pipeline at $10bn over three years