
Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico.

The European Climate, Infrastructure and Environment Executive Agency (CINEA) and U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary Advanced Energy Technologies have signed a €34.5 million grant agreement for the latter’s Renewable Hydrogen Innovative Technologies (RHyno) project.