Chile-based shipping group Ultranav has entered into a co-development agreement with Beyond the Sea, a French pioneer in kite-powered propulsion, to bring kite-powered propulsion to commercial shipping. The post Ultranav, Beyond the Sea to install kite-based propulsion system on chemical tanker appeared first on Offshore Energy.
Ireland-based building materials firm Kingspan has signed a supply agreement with Hydnum Steel for green steel as part of its push to lower emissions across its operations and products. The deal, set out in a memorandum of understanding, will see the company source low-emission steel from Hydnum’s forthcoming plant in Puertollano, Spain. The facility will use renewable energy and green hydrogen instead of coal in a bid to cut carbon from the steelmaking process. The partnership forms part of Kingspan’s sustainability push, which aims to reduce Scope 3 emissions by securing lower-carbon raw materials. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link
In this episode of The 1895 Podcast we are joined by Mona Dajani, Partner and Global Co-Chair of Energy Infrastructure & Hydrogen, and Co-Chair of the Energy Sector at Baker Botts, to discuss the future of the Section 45V tax credit and it’s possible repeal. We discuss the implications of legislative changes for hydrogen projects in the US, the shift this could create from green to blue hydrogen, the global investment landscape, and the ongoing uncertainty surrounding hydrogen policy. The conversation also touches on the perception of the US hydrogen market around the world, and the future of the hydrogen sector – both in the case of passage or failure. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link
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.