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Zinus welcomes $4 million investment to boost shore power solutions

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Singapore’s Eastern Pacific Shipping Ventures (EPS Ventures) and Norwegian state-owned Nysnø Climate Investments have become shareholders in shore power solutions provider Zinus through joint investment. The post Zinus welcomes $4 million investment to boost shore power solutions appeared first on Offshore Energy.

BP celebrates first gas from its deepwater ‘megaproject’ offshore Africa

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BP has tucked a first gas flow milestone under its belt off the coasts of Mauritania and Senegal at a gas project that is said to be the biggest one in the oil major’s portfolio and one of the deepest, most complex gas developments in Africa.   The post BP celebrates first gas from its deepwater ‘megaproject’ offshore Africa appeared first on Offshore Energy.

Offshore Energy’s top five hydrogen stories of 2024

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Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbonize hard-to-abate sectors and provide a sustainable energy source. This article takes a look at 2024’s top five hydrogen stories. The post Offshore Energy’s top five hydrogen stories of 2024 appeared first on Offshore Energy.

WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task

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Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a comparison of liquefied natural gas (LNG) and carbon capture and storage (CCS) projects, and the potential of offshore wind compared to oil and gas in the North Sea. The post WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task appeared first on Offshore Energy.

Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era

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As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the motors, rig owners are exploring ways to harness low-carbon and green alternatives. In this fast-changing landscape, which fuel will dominate the rig market and power offshore drilling rigs in the years ahead? The post Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era appeared first on Offshore Energy.

Harnessing cutting-edge technologies to shape next-generation FPSO future

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While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables. The post Harnessing cutting-edge technologies to shape next-generation FPSO future appeared first on Offshore Energy.