Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen…
Exxon Mobil CEO Darren Woods' first five years at the oil company were marred by missed oil production targets, an investor rebellion and the company's biggest-ever financial loss.Redemption came this year when - aided by a share price pumped…
Fuel flexibility may be a key driver for recent developments in gensets, but the perennial goals of lowering CapEx and OpEx remain.Fuel flexibility is one of the pillars of decarbonization that is being embraced by genset OEMs. Fuel efficiency…
An offshore hydrogen and ammonia production platform design from the Korea Research Institute of Ships & Ocean Engineering (KRISO) has received approval in principle (AIP) from ABS.Developed by KRISO, the unit is designed to produce green hydrogen using electricity generated by a wind farm…
Shell will cut around 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO Wael Sawan's drive to boost profits, it said on Wednesday.The staff cuts and organizational changes come after Sawan…
Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region.EY was commissioned…
The UK North Sea Transition Authority (NSTA) is expected to take on the role of offshore hydrogen transport and storage regulator following the conclusion of a consultation on the proposal.The move is intended to support the industry by enabling…
Moss Maritime, Norwegian company specializing in design and engineering services to the offshore energy industry as well as other ocean-based sectors and a subsidiary of Italy's Saipem, has secured an Approval in Principle (AIP) from the classification…
Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and 'other local anchored value-creating activities on Åland…
The U.S. Gulf Coast region, the nation's primary offshore source of oil and gas, has cheap electricity and lacks state mandates for renewable energy procurement, making it an unlikely place to expand one of the most expensive forms of clean energy…
A study has shown that existing offshore gas pipelines by Dutch transport pipeline operators Noordgastransport (NGT) and NOGAT can be repurposed for hydrogen transportation before 2030, by rerouting certain gas fields while still providing transportation…
Japanese shipping firm Mitsui O.S.K. Lines, Ltd. (MOL) and French renewable energy firm EDF Renewables have signed a memorandum of understanding (MoU) to cooperate in the acceleration of the development of offshore wind and related business and to encourage developments in green hydrogen…
As the global economy moves away from fossil fuels, green hydrogen could be critical to achieving a zero-carbon world by 2050.Green hydrogen offers a solution to decarbonizing “hard-to-abate” industries such as steel and fertiliser production…
Dutch offshore wind farm developer CrossWind has awarded Italy-based Rosetti Marino a new engineering, procurement, construction, installation and commissioning (EPCIC) contract for an offshore green hydrogen production and storage pilot plant - called the 'Baseload Power Hub…
Offshore installation contractor Subsea 7 and German power supplier EnBW have signed a Memorandum of Understanding to jointly explore offshore wind-powered hydrogen production concepts. Subsea 7 and EnBW will study the technical and commercial elements of green offshore hydrogen production…