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Keel laid for Indonesia’s first FLNG unit

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China-based provider of clean energy services Wison New Energies (WNE) has held the keel laying ceremony for a floating liquefied natural gas (FLNG) unit set to be deployed at a project Malaysia’s investment holding and management player Genting is developing offshore Indonesia. The post Keel laid for Indonesia’s first FLNG unit appeared first on Offshore Energy.

UK Net Zero economy grows to £83bn | United Kingdom

The UK Net Zero economy is worth £83.1bn and 16% larger than the regional economy of the north-east, according to a new Confederation of British Industry (CBI) Energy & Climate Intelligence Unit report. The growing sector accounts for 951,000 full time jobs across 22,800 businesses, representing 2.9% of total UK employment. For every job supported by Net Zero businesses, a further 2.5 are supported in the wider economy, the report notes. The three largest sectors are renewable energy planning database, renewables and waste management and recycling followed by low carbon energy generation, diversion of biodegradable waste from landfill and low carbon consultancy, advisory and offsetting services. Carbon capture is the smallest segment, with 279 companies. West Midlands, Yorkshire & Humberside and south-west region are the largest contributors to the Net Zero economy while Tyne &… Read More »UK Net Zero economy grows to £83bn | United Kingdom

Saipem and Subsea7 unveil merger plan

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Italy’s engineering, drilling, and construction services giant Saipem has signed a memorandum of understanding (MoU) for the possible merger with UK-based energy player Subsea7. The post Saipem and Subsea7 unveil merger plan appeared first on Offshore Energy.

Three bound4blue eSAILs installed on EPS’ tanker

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Spain’s automated wind-assisted propulsion system specialist bound4blue has completed the installation of its suction sails on a tanker vessel owned by Singapore’s Eastern Pacific Shipping (EPS). The post Three bound4blue eSAILs installed on EPS’ tanker appeared first on Offshore Energy.