Friday, September 25, 2020

Energy Source News

This Energy Source Can Support Your Sustainability Goals Without Wrecking Your Budget

Photo courtesy of PERC

Port operations are so all-encompassing and downright dynamic that they operate almost like miniature cities. So it’s no surprise these key transition points in the global supply chain are treated as such by regulators…

Linde, Hyosung to Build World’s Largest Liquid Hydrogen Plant in S. Korea

South Korea's Hyosung and the global industrial gases provider Linde Group will invest in the construction of a liquid hydrogen plant on an area of about 30,000 square meters within the site of Hyosung Yongyeon…

CMA CGM Joins Energy Observer in Hydrogen Project

Image: Energy Observer

French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of hydrogen as a marine fuel.Energy Observer, formerly a racing catamaran, is now an experimental platform for tomorrow’s energy sources.

Belgium Launches Offshore Wind to Hydrogen Project

Photo: Port of Oostende

Belgium's Port of Oostende, the engineering services provider DEME Concessions NV and Belgium-based investment management company PMV have launched a project to establish a plant in the Oostende port that produces…

Jan De Nul orders Offshore Installation Vessel

Photo: Jan De Nul Group

Six months after the offshore installation vessel Voltaire, Jan De Nul Group orders Les Alizés, a floating installation crane vessel from the CMHI Haimen shipyard in China.Together with the Voltaire, this new vessel will be in a super-size class of its own…

Singapore Sticking with Natural Gas

© Igor Yu. Groshev / Adobe Stock

Natural gas will continue to play a dominant role in generating electricity in Singapore while the state plans to accelerate the use of renewable energy, primarily solar power, in the next decade to battle climate change…

Reaping Wind at Sea: A $1 Trillion Industry

File Image (Credit Sparrow Group)

Offshore wind could become a cornerstone of the world's power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA)…

Qatar, Shell Partner on LNG Bunkering

Photo: Qatar Petroleum

State-owned Qatar Petroleum and the Netherlands-based oil and gas company Shell signed a shareholder agreement to establish a joint venture for global LNG bunkering services.The agreement signed by Qatar Petroleum’s…

DNV GL Route Map for Energy Transition

Liv A. Hovem, CEO, DNV GL – Oil & Gas. Photo: DNV GL

Gas and variable renewables  must work together alongside greater uptake of carbon capture and storage (CCS) to secure a rapid energy transition, according to a new forecast of the energy transition by DNV GL.According…

DNV GL Supports Asia's Largest Solar Floater

Pic: DNV GL

DNV GL, the international accredited registrar and classification society, said that it has been appointed by PUB, Singapore’s national water agency,  as technical adviser for a 50MW floating photovoltaic (PV)…

Eni Pilots Wave Energy Converter

Image: Eni a Ravenna

Italian multinational oil and gas company Eni has activated the Inertial Sea Wave Energy Converter (ISWEC), offshore Ravenna, capable of converting energy generated by waves into electricity, which will in the…

GoM Lease Bids Hit $244mln

Image: U.S. Department of the Interior

Oil and gas Lease Sale 252 generated $244.3 million in high bids for 227 tracts covering 1,261,133.85 acres in federal waters of the Gulf of Mexico (GoM). According to Bureau of Ocean Energy Management data, that’s…

As Renewables Soar, BP sees China Hitting Brakes

© adimas / Adobe Stock

Global demand for renewable power will soar at an unprecedented pace over the coming decades, BP said in a benchmark report on Thursday, while China's energy growth is seen sharply decelerating as its economic expansion slows.Still…

Floating LNG Power Vessel Market Set to Exceed USD 1 Bln

Image: Wison Offshore & Marine

The Global Floating LNG Power Vessel market accounted for $780.14 million in 2017 and is expected to reach $1,073.54 million by 2026 growing at a CAGR of 3.6% from 2017 to 2026.According to a market research report by ResearchAndMarkets…

Eelectrification: Re-engineering a Low-carbon O&G Industry

© eaumstocker / Adobe Stock

Cleaner and greener: Azeez Mohammed, president & CEO of GE's Power Conversion business, discusses the key role of electrification technology in decarbonizing the oil and gas value chain.The renewables revolution is in full swing.

Renewables Take Over as Germany's Main Energy Source

© CL-Medien / Adobe Stock

Renewables overtook coal as Germany's main source of energy for the first time last year, accounting for just over 40 percent of electricity production, research showed on Thursday.The shift marks progress as…

Turbine Brings New Wave of Energy to Gladstone Port

Image: Gladstone Ports Corporation

Australia's Gladstone Ports Corporation (GPC) is continuing to progress its renewable energy initiatives, with a tidal turbine deployed at its Barney Point Terminal in Gladstone.It is part of a six month trial aimed at demonstrating how tidal flows at the Port

MENA Region to Lead Global Oil and Gas for Decades to Come: DNV GL

(L-R) Ben Oudman, Regional Manager, Central Europe, Middle East and India, DNV GL - Oil & Gas and Jan Zschommler, Manager, Middle East, DNV GL - Oil & Gas. Pics: DNV GL

The world will need less energy from the 2030s onwards, but it will still require a significant amount of oil and gas in the lead-up to mid-century according to DNV GL’s 2018 Energy Transition Outlook, an independent…

ABB, Sintef to Test Hydrogen Fuel Cells

Pic: ABB

Norwegian Sintef Ocean and ABB Marine will use two 30kW hydrogen fuel cells, set up in laboratory to model the operation and control of a complete marine power system in a megawatt-scale propulsion plant."ABB…

Blue-Gift to Implement Marine Power Project

Wave Energy Converter at PLOCAN; UNDIGEN project. Source WEDGE GLOBAL S.L. PLOCAN

The European Marine Energy Center (Emec) in Orkney, Scotland, will lead a project to support the development of wave and tidal power in coastal areas of north-west Europe.The project has been approved by Interreg…