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Tweaks to North Sea gas project’s concept encapsulate ‘far superior’ export route

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Hartshead Resources has made changes to the gas offtake route for natural gas development in the UK sector of the North Sea and submitted the revised concept select report addendum (CSRA) to the North Sea Transition Authority (NSTA) on its own behalf as its joint venture (JV) partners did not back the submission. The post Tweaks to North Sea gas project’s concept encapsulate ‘far superior’ export route appeared first on Offshore Energy.

Linde reports 7% rise in annual operating profit | Year-end financials

Linde overcame a challenging trading environment and pointed to the ‘resilency of its model’ after posting a full-year operating profit of $9.7bn in 2024, up 7% on 2023. It rounded off the year strongly with Q4 operating profit of $2.5bn, up 9% annually, boosted by high prices and productivity initiatives across all segments. Operating cashflow for the year totalled $9.4bn although full year sales were flat however, at $33bn. Sanjiv Lamba, CEO, said it made “significant progress” in its clean energy strategy – sourcing more than 40% of global electricity from low-carbon sources – and signed its largest ever product agreement, supporting the $10bn project backlog which will contribute to earnings “for years to come”. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link

Plug Power launches spot pricing program for liquid green hydrogen

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U.S. hydrogen solutions company Plug Power has introduced what it claims is the industry’s ‘first-ever’ spot pricing program for liquid green hydrogen. The post Plug Power launches spot pricing program for liquid green hydrogen appeared first on Offshore Energy.

Construction of Purus’ ammonia-ready gas carriers gains ground in South Korea

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Purus, a provider of maritime services for gas transport and offshore wind industries, has hailed the beginning of the construction of another medium-sized gas carrier (MGC) for ammonia transport. The post Construction of Purus’ ammonia-ready gas carriers gains ground in South Korea appeared first on Offshore Energy.

Hapag-Lloyd adds ninth LNG dual-fuel 23,600 TEU giant to the fleet

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Pressing ahead with fleet expansion, German container shipping major Hapag-Lloyd has christened the ninth LNG dual-fuel 23,660 TEU containership, Bangkok Express. The post Hapag-Lloyd adds ninth LNG dual-fuel 23,600 TEU giant to the fleet appeared first on Offshore Energy.