South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has bagged […] The post HD KSOE wins $312M shipbuilding contract for ethane carrier duo appeared first on Offshore Energy.
Norwegian marine geoscience and technology company Shearwater GeoServices and France’s energy giant TotalEnergies have […] The post Three-year seismic capacity reservation deal expands Shearwater and TotalEnergies’ collab appeared first on Offshore Energy.
Egypt’s Ministry of Petroleum and Mineral Resources has launched a new licensing round encompassing offshore and onshore blocks to attract investments in the country’s oil and gas production and exploration. The post Egypt puts more offshore acreage on offer in new oil & gas round appeared first on Offshore Energy.
Talos Energy has decided to keep a drillship, owned by Seadrill, an offshore drilling contractor, occupied with additional drilling into September 2025. The post Seadrill drillship staying busy with US drilling campaign thanks to multimillion-dollar extension appeared first on Offshore Energy.
Oxylus Energy and Element 1 have partnered to explore the use of Oxylus’s green methanol as a feedstock for point-of-use hydrogen production. The post US duo looking to use methanol as feedstock for hydrogen production appeared first on Offshore Energy.
Given the worldwide spike in total demand for natural gas, Houston-headquartered NextDecade is contemplating further capacity expansion of its liquefied natural gas (LNG) export terminal at the Port of Brownsville, Texas. The post US player keeps its eyes on expansion plans as clean energy underinvestment makes room for more LNG appeared first on Offshore Energy.
U.S.-based technology firm Honeywell has agreed to buy compatriot pump and compressor player Sundyne from private equity firm Warburg Pincus in an all-cash transaction. The post US firm to bring compatriot pump manufacturer into its fold for $2B appeared first on Offshore Energy.
Wärtsilä Gas Solutions, part of Finland-based technology giant Wärtsilä, is set to provide its […] The post Gas carrier trio under construction at HD Hyundai Mipo to feature Wärtsilä’s technology appeared first on Offshore Energy.
Blue hydrogen has emerged in recent months as the dominant investment choice in the US when it comes to hydrogen. Major energy players are prioritising carbon capture-backed hydrogen over its greener cousin. Despite long-term hopes for green hydrogen, 90% of the country’s clean hydrogen projects are now blue, driven by regulatory realities and market constraints, as well as the fossil-first policy of the Trump administration. It is a trend that is explored more fully in the latest gasworld Global magazine, which is out now. By the end of 2025, analysts expect at least three major US blue hydrogen projects to reach final investment decisions FIDs, cementing the country’s role as a global leader in blue. ExxonMobil, Air Products, and Linde are spearheading investments, banking on carbon capture and storage to align hydrogen production with emissions… Read More »Blue hydrogen now dominates US investment but doubts linger
Wave energy developer Eco Wave Power has presented its 2024 financial results, highlighting cost […] The post Eco Wave Power cuts costs in 2024, projects in focus appeared first on Offshore Energy.