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Brazilian firm taking stake in Equatorial Margin gas infrastructure

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Brazilian oil and gas player Brava Energia has signed a binding partnership agreement with compatriot firm PetroReconcavo laying down the conditions for the latter’s acquisition of the natural gas outflow and processing infrastructure in the Potiguar Basin, which is part of the Equatorial Margin. The post Brazilian firm taking stake in Equatorial Margin gas infrastructure appeared first on Offshore Energy.

EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus

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The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world. The post EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus appeared first on Offshore Energy.

COSCO, SIPG take a 20% stake in Chinese logistics player SAIC Anji

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Chinese state-owned transportation service conglomerate COSCO SHIPPING Group and terminal operator Shanghai International Port Group (SIPG) have invested in SAIC Anji Logistics, a logistics unit owned by Shanghai-based SAIC Motor Corp, each obtaining 10% of the company’s shares. The post COSCO, SIPG take a 20% stake in Chinese logistics player SAIC Anji appeared first on Offshore Energy.