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EIG-managed LNG player ups its stake in South America’s first LNG export terminal

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EIG’s MidOcean Energy has boosted its interest in an LNG export plant, which is described as the inaugural facility of this type in South America, located in Pampa Melchorita, 170 kilometers south of Lima, Peru. The post EIG-managed LNG player ups its stake in South America’s first LNG export terminal appeared first on Offshore Energy.

India and Germany forge green hydrogen ties

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To promote the market ramp-up of green hydrogen and enhance cooperation in climate action and sustainable development, India and Germany have launched the “Indo-German Green Hydrogen Roadmap.” The post India and Germany forge green hydrogen ties appeared first on Offshore Energy.

Mexican LNG cargo on the way to Puerto Rico as US player seeks to keep its import and regasification terminal open for business

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New Fortress Energy (NFE) has wrapped up another liquefied natural gas (LNG) cargo loading at its floating LNG (FLNG) unit off the coast of Altamira, Mexico. This cargo is destined for the firm’s LNG import and regasification facility in Puerto Rico, which the U.S. firm is interested in continuing to operate. The post Mexican LNG cargo on the way to Puerto Rico as US player seeks to keep its import and regasification terminal open for business appeared first on Offshore Energy.

BASF and AM Green enter non-binding green ammonia offtake deal

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German BASF and Indian AM Green have signed a non-binding letter of intent (LoI) for the offtake of 100,000 tons annually of ammonia produced exclusively with renewable energy. The post BASF and AM Green enter non-binding green ammonia offtake deal appeared first on Offshore Energy.

Wan Hai Lines books methanol dual-fuel ready boxship octet in S. Korea

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As part of its ongoing commitment to decarbonize the fleet, Taiwanese shipping company Wan Hai Lines has placed orders for eight methanol dual-fuel ready containerships at South Korean yards. The post Wan Hai Lines books methanol dual-fuel ready boxship octet in S. Korea appeared first on Offshore Energy.

FuelCell Energy and KHNP to work on clean hydrogen projects in Korea

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U.S.-based FuelCell Energy and Korea Hydro & Nuclear Power (KHNP) have agreed to jointly pursue hydrogen energy business initiatives and have signed a memorandum of understanding (MoU) outlining the possibilities. The post FuelCell Energy and KHNP to work on clean hydrogen projects in Korea appeared first on Offshore Energy.