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Sale of oil & gas assets with $945 million price tag falls through

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Energean has severed the divestment cord for its asset portfolio in Egypt, Italy, and Croatia, worth $945 million, as key regulatory pieces have not been put in place within the agreed timeline. The post Sale of oil & gas assets with $945 million price tag falls through appeared first on Offshore Energy.

Bunkering at the Port of Singapore: The new normal is digital

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The Port of Singapore—the world’s largest bunkering port—is set to fully embrace digital bunkering. From April 1, 2025, bunker suppliers will be required to provide digital bunkering services and issue electronic bunker delivery notes (e-BDNs) as a default. The post Bunkering at the Port of Singapore: The new normal is digital appeared first on Offshore Energy.

Vinssen secures RINA’s type approval for maritime fuel cell stack

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South Korea’s maritime decarbonization technology specialist Vinssen has obtained type approval from Italian classification society RINA for its 60 kW maritime hydrogen fuel cell stack. The post Vinssen secures RINA’s type approval for maritime fuel cell stack appeared first on Offshore Energy.

Nel to provide 2.5 MW PEM electrolyzer for hydrogen project in Scotland

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Nel Hydrogen US, a subsidiary of Norwegian company Nel, has received a purchase order for one 2.5 MW containerized proton exchange membrane (PEM) electrolyzer for the Aberdeen Hydrogen Hub project in the north-east of Scotland. The post Nel to provide 2.5 MW PEM electrolyzer for hydrogen project in Scotland appeared first on Offshore Energy.

South Korean shipbuilder delivers first hybrid RoRo to CLdN

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South Korean shipbuilder HD Hyundai Mipo Dockyard has delivered the first hybrid roll-on/roll-off (RoRo) ship to Luxembourg-based shipping company CLdN. The post South Korean shipbuilder delivers first hybrid RoRo to CLdN appeared first on Offshore Energy.

Financial headwinds may hinder e-fuels production in developing countries, making equitable transition unattainable

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Poor access to funding and higher costs of capital in developing countries could almost double the prices of e-fuels they produce, compared to developed economies—even when renewable energy resources such as onshore wind and solar are superior, according to a new study. The post Financial headwinds may hinder e-fuels production in developing countries, making equitable transition unattainable appeared first on Offshore Energy.