Brazil’s Santos Port Authority (APS) and the Dutch-Belgian North Sea Port have signed a memorandum of understanding (MOU) to collaborate on decarbonization-oriented initiatives. The post Port of Santos, North Sea Port eye green shipping corridor appeared first on Offshore Energy.
Any delays in low-carbon fuel regulations could hinder the growth of the hydrogen and nuclear industries. Under EU draft plans following the launch of the Clean Industrial Deal, Brussels will not start consulting on nuclear until June 2026 and hydrogen produced from nuclear would not be classified ‘low carbon’ until 2028, according to reports. A wave of policy updates are currently landing in Europe – with tight timeframes attached. Alongside the Clean Industrial Deal, the European Green Deal includes a commitment to reduce net greenhouse gas emissions by at least 55% by 2030, compared with 1990 levels. This is why nuclear is gaining attention. Nuclear power itself is considered low-carbon due to minimal greenhouse gas emissions during electricity generation. However, when you factor in the entire lifecycle, such as mining, fuel processing, construction and decommissioning,… Read More »EU policy delays could hinder hydrogen and nuclear industry | Hydrogen
Given its belief in the assets’ gas potential, Africa-focused energy company Chariot has retaken the operator role at two Moroccan offshore licenses from London-based oil and gas player Energean. The post Energean gives Moroccan offshore assets back to Chariot appeared first on Offshore Energy.
U.S.-based Commonwealth LNG and Kimmeridge Texas Gas (KTG), affiliates of the energy-focused alternative investment manager Kimmeridge, have inked binding agreements with Swiss-headquartered Glencore for the supply of liquefied natural gas (LNG) from an export facility under development in Louisiana. The post Offtake deal locked in ahead of US LNG terminal’s FID appeared first on Offshore Energy.
Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2025. The post Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit appeared first on Offshore Energy.
Swedish wave energy developer CorPower Ocean has signed a berth agreement to develop a […] The post CorPower Ocean to deploy 5 MW wave energy array at EMEC by 2029 appeared first on Offshore Energy.
Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, is closing in on the start-up of Germany’s second terminal in Wilhelmshaven. The post Germany’s next LNG terminal chapter nearly all-set to go live appeared first on Offshore Energy.
Bureau de normalisation du Québec (BNQ) and CSA Group have published the ‘Joint Canada-U.S. National Standard’ – a methodology for reporting the production pathway and carbon intensity of hydrogen. The post BNQ and CSA Group introduce new standard for hydrogen production and carbon intensity appeared first on Offshore Energy.
Ørsted has completed geotechnical and geophysical investigations at two Gippsland offshore wind farm sites […] The post Surveys for Ørsted’s Australian offshore wind projects completed appeared first on Offshore Energy.
Swedish shipping company Erik Thun has launched its fourth plug-in hybrid dry cargo vessel built at Ferus Smit shipyard in the Netherlands. The post Erik Thun splashes fourth hybrid Lake Vanern Max ship appeared first on Offshore Energy.