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World Bank’s IFC maps out Nigeria CO2 storage potential | CCS

Carbon capture and storage is now firmly in energy-focused Nigeria’s sights Carbon capture and storage is now firmly in energy-focused Nigeria’s sights The International Finance Corporation (IFC), the arm of the World Bank that focuses on developing countries, has published a comprehensive atlas and report charting the steps Nigeria must take to drive its CCS industry and decarbonisation more generally. The analysis acknowledges that Nigeria is wrestling with twin challenges. It is on track to be the third most populous country in the world by 2050 – with the population projected to rise from 210 million today to 411 million – and yet, like every nation, it must meet its rising demographic and energy needs sustainably while reducing emissions. The IFC notes that carbon capture and storage (CCS), including the country’s depleted oil and gas… Read More »World Bank’s IFC maps out Nigeria CO2 storage potential | CCS

Shell picks McDermott to provide ‘full suite of offerings’ for its portfolio

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U.S. offshore engineering and construction player McDermott has secured an enterprise framework agreement (EFA) with the UK-headquartered energy giant Shell for engineering and procurement services and integrated project management team services (IPMT). The post Shell picks McDermott to provide ‘full suite of offerings’ for its portfolio appeared first on Offshore Energy.

MARIC’s new ammonia-ready bulker wins DNV AiP

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Norwegian classification society DNV has awarded approval in principle (AiP) to China’s shipbuilding R&D institute Marine Design and Research Institute of China (MARIC) for its new wide beam ammonia-ready Kamsarmax bulk carrier. The post MARIC’s new ammonia-ready bulker wins DNV AiP appeared first on Offshore Energy.

No luck for OMV as its North Sea wildcat comes up dry

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OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has failed to find hydrocarbons at its wildcat in the northern part of the North Sea, resulting in the well’s plug and abandonment. The post No luck for OMV as its North Sea wildcat comes up dry appeared first on Offshore Energy.

SWS hits new record as it completes LNG-fueled 8,600 CEU PCTC in just 200 days

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Chinese shipbuilder Shanghai Waigaoquiao Shipbuilding (SWS), part of China State Shipbuilding Corporation (CSSC), has named and delivered an 8,600 CEU liquefied natural gas- (LNG) powered car carrier built for China’s financial services company CITIC Financial Leasing. The post SWS hits new record as it completes LNG-fueled 8,600 CEU PCTC in just 200 days appeared first on Offshore Energy.

Yinson GreenTech inks new deal to spur marine electrification

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Yinson GreenTech partnered with Wilhelmsen Port Services (WPS) and R W Marine Services (RW) to spur the adoption of marine electrification in Singapore. The post Yinson GreenTech inks new deal to spur marine electrification appeared first on Offshore Energy.