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Aker Solutions turns to Norwegian firm for personnel on Northern Lights expansion project

Aker Solutions has hired Multiconsult Norge to supply qualified personnel on a hire-in basis to work as an integral part of its project team, representing the civil disciplines, for the second phase of Northern Lights, part of the Longship full-scale carbon capture and storage (CCS) project. The post Aker Solutions turns to Norwegian firm for personnel on Northern Lights expansion project appeared first on Offshore Energy.

Eco closing in on Orange Basin block operatorship

AIM-listed and Canada-headquartered oil and gas company Eco (Atlantic) Oil & Gas is drawing closer to finalizing the acquisition of a stake, allowing it to become the operator of an exploration block in the Orange Basin offshore South Africa. The post Eco closing in on Orange Basin block operatorship appeared first on Offshore Energy.

Port Esbjerg expands its capacity, unlocks opportunities in energy sector

The fairway to Denmark’s Port Esbjerg has been fully deepened, enabling access for larger vessels, greater cargo volumes and new strategic opportunities in the energy and defense sectors. The post Port Esbjerg expands its capacity, unlocks opportunities in energy sector appeared first on Offshore Energy.

OECD: Ocean economy sustains more than 100 million jobs

Over 100 million full-time equivalent jobs are sustained by the global ocean economy, with tourism and Asia-Pacific leading the charge, data provided by the Organisation for Economic Co-operation and Development (OECD) shows. The post OECD: Ocean economy sustains more than 100 million jobs appeared first on Offshore Energy.

Air Products CEO bemoans ‘self-inflicted’ failures on delayed Alberta project | deploy auto-thermal reforming technology

Air Products has said the ballooning costs and project slip on its planned net-zero hydrogen energy complex in Alberta in Canada, first announced in 2021, is in part down to “self-inflicted” project management failures. Speaking on the company’s Q2 earnings call today, where the company posted a $1.7bn loss after taking up to a $3.1bn write-down on three abandoned projects, new CEO Eduardo Menezes said the “tremendous increase” in capital costs on the project was “unforgivable” and reflected the project hitting some avoidable roadblocks. “When you have a project that gets out of sequence … you start losing windows [of opportunity] in terms of weather and how to execute the project. “Then you have very low productivity from contractors, and they are expensive to start with, [and] so you get in this spiral” of problems… Read More »Air Products CEO bemoans ‘self-inflicted’ failures on delayed Alberta project | deploy auto-thermal reforming technology

Video | Ceres: scaling up and growing the electrolyser industry

2025 webinar programme gasworld.TV is our exclusive platform for webinars and digital events, our webinars showcase the industries hot topics and key trends in the industrial gas sector, bringing discussion, insights, and debate directly to your workspace across the world. The 2025 webinar programme is now up, so get in touch and get involved today. To view the whole programme, visit https://gasworld.tv/2025-webinar-programme/. If you’re interested in speaking on one of our upcoming webinars contact tom.dee@gasworld.com . Source link

Air Products CEO: why we kept some hydrogen projects and canned others

Air Products has said more about its logic for deciding which underperforming hydrogen projects to cancel and which to pursue. The recently installed CEO Eduardo Menezes said on Thursday’s Q2 earnings call that the company was mindful of the way that delivering a project would impact its cash flow, while also considering project-related commercial commitments to customers. “You know, we take [our customer commitments] very seriously,” he said. He said where there were no customer contracts in the frame, and the company had more freedom, Air Products looked at what spend was needed to finish a project, and the cash flow that would be generated. … to continue reading you must be subscribed Source link

$13.7 billion deals for $50B South American LNG project put into Bermuda firm’s hands

Golar LNG has gotten hold of two multibillion-dollar assignments related to a proposed liquefied natural gas (LNG) large-scale upstream and midstream integrated gas development project, estimated to be worth $50 billion, in the Sierra Grande Norte, on the South American country’s Atlantic coast. The post $13.7 billion deals for $50B South American LNG project put into Bermuda firm’s hands appeared first on Offshore Energy.