Two container vessels belonging to China’s state-owned giant COSCO Shipping Lines have recently been […] The post COSCO boxship duo receives B24 biofuel in parallel refueling efforts appeared first on Offshore Energy.
© Royal Vopak / the company is targeting low-carbon fuels and feedstocks © Royal Vopak / the company is targeting low-carbon fuels and feedstocks Dutch tanks and infrastructure business Royal Vopak is spending €1bn more on gas and industrial infrastructure to accelerate the energy transition, taking its overall investment to €2bn. The investment was confirmed at its Capital Markets Day. It will focus on infrastructure solutions for low-carbon fuels and sustainable feedstocks, ammonia as a hydrogen carrier, liquid CO2, and battery energy storage. CEO Dick Richelle said an increased operating cash return target of above 13% and a new commitment to capital spending makes it well-positioned to capture additional growth opportunities. The majority of existing investments by the company have been in gas infrastructure to address energy security and affordability needs, and a substantial portion… Read More »Vopak commits an extra €1bn to grow industrial infrastructure
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.