Vast Renewables has secured up to A$180 million (approximately $113.3 million) of conditional funding from ARENA for the construction of its utility-scale clean energy project Vast Solar 1 (VS1), part of the Port Augusta Green Energy Hub, which also includes green methanol production facility Solar Methanol 1 (SM1). The post Vast secures conditional funding for clean energy project in Port Augusta appeared first on Offshore Energy.

Danish renewables developer European Energy has commissioned the first reactor and produced the first e-methanol at its Kassø Power-to-X facility, dubbed the world’s largest commercial e-methanol facility. The post European Energy: First e-methanol produced at ‘world’s largest’ commercial PtX facility appeared first on Offshore Energy.

OMV Petrom has welcomed NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, as its new partner in an offshore block in Bulgaria’s part of the Black Sea ahead of the upcoming hydrocarbon exploration activities, which are anticipated to start at the block this year. The post New partner comes on board Black Sea block with drilling activities due in 2025 appeared first on Offshore Energy.

The Netherlands-based shipbuilder and designer Neptune Marine has commenced construction of a new cable […] The post New Dutch-made cable maintenance vessel under construction appeared first on Offshore Energy.

Norwegian clean energy company Horisont Energi has secured a non-binding term sheet with a European energy group for ammonia sales from its Barents Blue clean ammonia plant in northern Norway. The post Horisont Energi inks new ammonia sales deal for Barents Blue project appeared first on Offshore Energy.

The European Marine Energy Centre (EMEC) has appointed Matthew Finn as its new Managing […] The post EMEC appoints new leadership team  appeared first on Offshore Energy.

Japan’s shipping company Kawasaki Kisen Kaisha (K Line) has decided to change the name […] The post K Line renames UK subsidiary to bolster energy transition efforts appeared first on Offshore Energy.

Vår Energi has confirmed the tow-out of a floating production, storage and offloading (FPSO) vessel from the Worley Rosenberg yard to a field in the North Sea off the coast of Norway. The post FPSO sets its sails toward North Sea project with oil production extension to 2045 in mind appeared first on Offshore Energy.

A floating production, storage, and offloading (FPSO) unit owned by ExxonMobil Guyana, a subsidiary of U.S. oil major ExxonMobil, has received the first sustainability notation of its kind from the classification society American Bureau of Shipping (ABS). The post ExxonMobil’s FPSO adds ‘next level’ sustainability notation to its collection appeared first on Offshore Energy.

Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico. The post US oil & gas operator splashes millions on BW Offshore FPSO to unlock cost savings appeared first on Offshore Energy.