DNV is gearing up to explore the development of hydrogen energy in Singapore with a new partnership, according to a release from the independent expert in assurance and risk management on June 17.
“DNV’s strategic ambition is to enable our customers to tackle global transformations such as the energy transition,” Brice Le Gallo, the Asia-Pacific regional director for energy systems at DNV, said in a statement in the release announcing DNV’s agreement with Singapore-based Keppel Offshore & Marine to collaborate on the hydrogen value chain. The companies previously partnered in 2019 to enhance LNG as a ship fuel.
In their latest partnership, the companies aim to explore safe implementation of potential new technologies, working jointly with relevant governmental agencies to promote the introduction of hydrogen as an energy source in the Singapore market to support the country’s decarbonization goals. These include developing safety requirements for hydrogen energy, infrastructure needed to store and transport hydrogen and offshore applications for hydrogen technology.
“Keppel O&M is at the forefront in supporting the marine industry’s search for greener fuels such as hydrogen, and we have been working closely with partners such as DNV to support this energy transition,” Tan Leong Peng, Keppel O&M managing director (New Builds), said in a statement.
According to the release, some of the safety studies and pilot activities will be carried out within Keppel O&M’s Floating Living Lab, the first-of-its-kind floating testbed in Singapore which will be a platform for the industry to testbed new energy technologies.
“In line with Keppel’s Vision 2030, which includes seizing opportunities in new energy, Keppel O&M is leveraging its engineering capabilities, expertise in gas solutions, and new build experience to develop value-added solutions for customers,” Peng noted. “We are also able to utilize our floating living lab to help testbed and commercialize promising power and technology solutions.”
Recommended Reading
BP Restructures, Reduces Executive Team to 10
2024-04-18 - BP said the organizational changes will reduce duplication and reporting line complexity.
Matador Resources Announces Quarterly Cash Dividend
2024-04-18 - Matador Resources’ dividend is payable on June 7 to shareholders of record by May 17.
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
Daniel Berenbaum Joins Bloom Energy as CFO
2024-04-17 - Berenbaum succeeds CFO Greg Cameron, who is staying with Bloom until mid-May to facilitate the transition.
Equinor Releases Overview of Share Buyback Program
2024-04-17 - Equinor said the maximum shares to be repurchased is 16.8 million, of which up to 7.4 million shares can be acquired until May 15 and up to 9.4 million shares until Jan. 15, 2025 — the program’s end date.