Industry

‘Global low carbon hydrogen production capacity to reach 14 mtpa in 2030’

Adobe Stock 4 AugGlobal capacity for hydrogen production from renewable energy or natural gas with carbon capture may increase by more than 20 times, reaching 14 mtpa by 2030, according to GlobalData

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Danfoss completes US$3.3bn acquisition of Eaton’s hydraulics business

Eric Alstrom longDanfoss has officially finalised its US$3.3 billion  acquisition of Eaton’s hydraulics business following confirmation of all necessary regulatory approvals and closing conditions

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Europa Oil & Gas farming out Inezgane Licence, North Africa

oil rig ora and ormeEuropa Oil & Gas has announced the formal launch of the farmout initiative of its high-impact exploration opportunity, the Inezgane Offshore Permit, offshore Morocco in the Agadir Basin

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SafeSTS develops green technology for ship-to-ship cargo transfers

Offshore pingSafeSTS has developed and patented a new ship-to-ship cargo transfer system for the Dynamic Positioning (DP) shuttle tankers sector

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Sonangol wins back stake in Portuguese oil and gas company

Sonangol AngolaAs a result of the International Arbitration Court's decision, Sonangol will be reinstated as sole shareholder (100%) of Esperaza Holdings BV, the Netherlands-based offshore company

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