Dutch offshore wind farm developer Eneco has signed a 5-year crew transfer vessel charter and partnership agreement with offshore vessel owner Windcat. The deal entails the transport of technicians offshore and will also allow the companies to collaborate on the decarbonization of Eneco’s marine logistics using Windcat’s hydrogen dual-fuel solutions. The first vessel for this... Continue Reading →
Shell unveils five energy sector trends to watch in 2023
(OET) UK-headquartered energy giant Shell has highlighted five trends in its energy sector outlook for 2023 observed through the prism of energy security, economics and transition to low-carbon sources. Shell’s energy outlook for 2023, which was published earlier this week, points out that the energy transition is not something that can stand on its own, as... Continue Reading →
Oil majors’ ‘big bet’ on hydrogen is not so big in reality as they invest 8 times more in biofuels, T&E says
While European oil majors are taking a gamble on hydrogen as the transport fuel for the future, this ‘big bet’ is not so big in reality, according to a new study on behalf of Transport & Environment (T&E), which shows that investments in biofuels refining are eight times bigger. Ricardo Energy & Environment, a global... Continue Reading →
Ocyan, LZ Energia Hire DNV to Assist with Hydrogen Conversion of Diesel Drilling Rigs
The Brazilian offshore drilling company Ocyan has engaged DNV as an independent third party in the qualification process of a system injecting hydrogen as an additive in the internal combustion engines of drilling rigs, in order to reduce diesel consumption and greenhouse gas (GHG) emissions from drilling. DNV’s technology qualification process will ensure that the... Continue Reading →
Equinor, RWE Partner on Major Hydrogen Projects
The Norwegian energy company Equinor has signed a strategic partnership with Germany's RWE that involves "large scale projects that will contribute to the European energy supply as well as to the ramp-up of the hydrogen economy in Germany and the EU." In addition, the partnership said it would strengthen the long-term security of supply of... Continue Reading →
2022 is a wrap: Highlights from the offshore energy industry
(OET) With the lessening of restrictions imposed due to the COVID-19 pandemic, expectations of the oil and gas market’s recovery dominated at the start of 2022 prior to the Ukraine crisis. In the wake of Russia’s war in Ukraine, many industries, including the offshore energy industry, were thrown for a loop, which caused a lot... Continue Reading →
Has green hydrogen sprung a leak?
(Reuters) - The green hydrogen express is gathering pace, but it may have a worrying problem with leaks. As governments and energy companies line up big bets on the much-touted fuel of the future, some scientists say the lack of data on leaks and the potential harm they could cause is a blind spot for... Continue Reading →
Study Launched for Multi-GW Scale Offshore Hydrogen Production in Dutch North Sea
(OE) Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea. The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie, is investigating how all aspects of the hydrogen value chain – from production to... Continue Reading →
Strohm secures €15 million investment to support its TCP solutions
Dutch thermoplastic composite pipe (TCP) producer Strohm has completed the largest funding round in the company’s 15-year history by securing a €15 million investment to support its TCP solutions. The €15 million investment includes a €10 million commitment made by ING Corporate Investments (a 100% subsidiary of ING Bank), the Netherlands’ largest financial institution, as... Continue Reading →
Portugal ends mandatory environmental assessments for green hydrogen projects
(Reuters) - Portugal wants to speed up investments in green hydrogen projects, which are essential to decarbonize the economy, and will end mandatory environmental assessments for them in March 2023, Prime Minister Antonio Costa said. Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10... Continue Reading →