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EXMAR names first two dual-fuel 46,000 cbm gas carrier newbuilds

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Belgian shipping company EXMAR has named the first two of six dual-fuel LPG/ammonia midsize gas carriers (MGCs) ordered through its joint venture with Seapeak. The post EXMAR names first two dual-fuel 46,000 cbm gas carrier newbuilds appeared first on Offshore Energy.

COSL rig to spin the drill bit at North Sea wildcat this month

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Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs. The post COSL rig to spin the drill bit at North Sea wildcat this month appeared first on Offshore Energy.

First Gen cleared to operate Batangas LNG terminal for 25 years

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FGEN LNG, a wholly-owned subsidiary of Philippine utility First Gen, has received the permit to operate and maintain (POM) its interim offshore liquefied natural gas (LNG) terminal located in the First Gen Clean Energy Complex in Batangas, Philippines. The post First Gen cleared to operate Batangas LNG terminal for 25 years appeared first on Offshore Energy.

Funding and support for hydrogen | Features

Green hydrogen projects are coming through, but slowly, with challenges around securing buyers for supply, which would drive final investment decisions on projects. In a panel discussion at Wood Mackenzie’s Hydrogen Conference 2024, in November last year, the challenge was discussed by three key players in hydrogen finance and investment. Christian Annesley reports In a context where lots of capital has been provisionally allocated for hydrogen projects, but reaching final investment decisions has been hard, how to do we speed things up from here and remain optimistic? What is the shape of the market today? Arun Mago  I can give you a flavor. At Société Générale we are advising on several projects and also helping clients to raise equity. Right now, my team is taking our first transaction to credit – that is, helping a… Read More »Funding and support for hydrogen | Features

JLR signs up for UECC’s initiative to reduce emissions through bioLNG use

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United European Car Carriers (UECC) has added luxury vehicle manufacturer JLR to its initiative for using low-carbon liquefied biomethane (LBM) in maritime transport, enabling the former to achieve sustainability goals in its global logistics chain. The post JLR signs up for UECC’s initiative to reduce emissions through bioLNG use appeared first on Offshore Energy.

Interim CEO takes the helm at Trillion as previous one retires

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Canada’s oil and gas player Trillion Energy has named an interim Chief Executive Officer (CEO) and added two new members to its management team following the resignation and retirement of its current CEO and Director. The post Interim CEO takes the helm at Trillion as previous one retires appeared first on Offshore Energy.