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Hunt for partners coming soon as Brazilian oil project’s cost estimates reach up to $1.2B

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Karoon Energy has set its cap on finding a partner ahead of making a final investment decision (FID) for an oil field discovery in the Santos Basin off the coast of Brazil. The firm is moving forward with the next stage of development, which includes the entry into the front-end engineering design (FEED) stage. The post Hunt for partners coming soon as Brazilian oil project’s cost estimates reach up to $1.2B appeared first on Offshore Energy.

First offshore hydrogen-ammonia-methanol platform begins trial operation in China

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The first offshore platform for the integrated production of green hydrogen, ammonia, and methanol has been constructed in Yantai, China, and is set to commence the trial operation, state-owned energy enterprise China Energy Investment Corporation revealed. The post First offshore hydrogen-ammonia-methanol platform begins trial operation in China appeared first on Offshore Energy.

America’s Calcasieu Pass LNG gets into the swing of commercial ops

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Venture Global has celebrated the start of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States. Portugal’s oil and gas company Galp has confirmed its first LNG cargo from this project. The post America’s Calcasieu Pass LNG gets into the swing of commercial ops appeared first on Offshore Energy.

European Commission greenlights €400 million Spanish hydrogen scheme

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The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool for the auction closing in 2025. The post European Commission greenlights €400 million Spanish hydrogen scheme appeared first on Offshore Energy.