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Feb. 12 (OE) BW Offshore has unveiled a floating blue ammonia FPSO concept developed in collaboration with McDermott International, combining offshore production, carbon capture and direct export to convert surplus natural gas into lower-carbon fuel. The floating production, storage and offloading (FPSO) concept is designed to process up to 3 million cubic meters of gas... Continue Reading →
Dec. 15 (OE) MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO). This innovative floater solution adapts proven onshore production technology for offshore operations, transforming unutilized hydrocarbon gas from nearby... Continue Reading →
(offshoreWIND.biz) Europe needs to invest an extra EUR 6.4 billion in port facilities and new vessels to reach its offshore wind energy goals, according to WindEurope. Currently, Europe can install and maintain about 10 GW of offshore wind annually, enough to meet its 2030 energy security targets, but after 2030, this capacity must rise to... Continue Reading →
(OE) China's first integrated offshore hydrogen-ammonia-methanol project, which will produce clean fuels for ships, has entered the trial operation phase in Yantai, in eastern Chinse province of Shandong. Jointly developed by CHN Energy Hydrogen Energy Technology, CIMC Raffles and Guoneng Hydrogen Innovation Technology (Beijing), the initiative represents the nation’s first comprehensive demonstration project for offshore... Continue Reading →
(Reuters) - Trinidad and Tobago, the largest producer of liquefied natural gas in Latin America and the Caribbean, is seeing an increase in government revenue from LNG exports by selling cargoes at between 15% and 55% above Henry Hub prices, energy minister Stuart Young said on Monday. The increase follows a contract revamp in late... Continue Reading →
MODEC and Toyo Engineering have jointly obtained an Approval in Principle (AiP) from ABS for a Blue Ammonia FPSO that will produce ammonia from the gas supplied by a traditional FPSO located nearby. Blue ammonia is produced from hydrocarbons where the CO2 emitted during production is sequestrated. The Blue Ammonia FPSO will use gas which... Continue Reading →
(TN) Port of Açu and Yamna, an English company specialized in the production of green hydrogen and its derivatives, have signed an agreement to reserve an area in the low-carbon hub of Port of Açu, located in the North of Rio de Janeiro, for the implementation of a green ammonia plant. The port complex is... Continue Reading →
(OE) DNV has signed a memorandum of understanding (MoU) with Seatrium to cooperate on strategic activities and projects in the areas of engineering, technology and new product design, with key focus on floating offshore energy solutions. Under the MoU, DNV will provide Seatrium with expert advice on market and regulatory trends, emerging technologies, and best... Continue Reading →
(Reuters) - Industry insiders are worried Chile is falling behind the global green hydrogen race despite having a head-start due to its strong renewable energy matrix and geographic advantage to export to Asian markets. In a panel about energy transition in Santiago, companies betting billions on green hydrogen in the Andean nation said lengthy permitting... Continue Reading →
(epbr) The Port of Açu, located in the north of Rio de Janeiro (RJ) and controlled by Prumo Logística, announced the closing of the first contract to reserve an area for the hydrogen hub of the Port of Açu. The agreement was signed with the Norwegian company Fuella, specialized in the development and operation of... Continue Reading →
Brazil Energy Insight 