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Hanwha all done with Singaporean FPSO player takeover

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South Korea’s shipbuilder Hanwha Ocean has closed its acquisition of Singapore-based offshore builder Dyna-Mac, which specializes in manufacturing marine plant topside structures for floating production, storage, and offloading (FPSO) and floating liquefied natural gas (FLNG) units. The post Hanwha all done with Singaporean FPSO player takeover appeared first on Offshore Energy.

US grants $2.2 billion to two regional clean hydrogen hubs

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As part of President Biden’s ‘Investing in America’ agenda, the U.S. Department of Energy (DOE) has awarded up to $2.2 billion to two regional clean hydrogen hubs. The post US grants $2.2 billion to two regional clean hydrogen hubs appeared first on Offshore Energy.

Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects

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As the climate crisis intensifies, so do legal challenges for hydrocarbon projects, especially in the United Kingdom (UK), where two North Sea operators and climate activists are locked in a court battle with the potential to put the fossil fuel industry out of commission. The post Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects appeared first on Offshore Energy.

Viking Line comes on board Gasum’s FuelEU Maritime pooling service

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Nordic energy company Gasum has signed a letter of intent (LOI) with Finnish shipping company Viking Line on joining Gasum’s FuelEU Maritime pooling service. The post Viking Line comes on board Gasum’s FuelEU Maritime pooling service appeared first on Offshore Energy.

Europe likely to miss its 2030 renewable hydrogen targets, ACER says

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Hydrogen projects face risks from uncertainties of future hydrogen demand and high costs, and the EU is likely to miss the 2030 strategic goal of 20 Mt renewable hydrogen consumption, according to a hydrogen monitoring report from the European Union Agency for the Cooperation of Energy Regulators (ACER). The post Europe likely to miss its 2030 renewable hydrogen targets, ACER says appeared first on Offshore Energy.