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DFDS to launch ferry lifeline service to Jersey by end-March

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Danish ferry and logistics company DFDS has been selected to provide freight and passenger services to Jersey—the largest of the Channel Islands—with a fleet of vessels including high-speed ferries. The post DFDS to launch ferry lifeline service to Jersey by end-March appeared first on Offshore Energy.

SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

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With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be within its target domain, as rising global energy demand, especially within the oil and gas arena, continues to loosen the purse strings, paving the way for smooth FPSO project financing. The post SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts appeared first on Offshore Energy.

Strategic Marine delivers ‘revolutionary’ offshore crew transfer vessel to AES

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Singapore-based shipbuilder Strategic Marine has delivered its first surface effect ship (SES) to All Energies Services (AES), an operator of offshore supply vessels focusing on the West African and Middle East markets. The post Strategic Marine delivers ‘revolutionary’ offshore crew transfer vessel to AES appeared first on Offshore Energy.

Berge Bulk and BHP join forces for biodiesel-powered iron ore voyages

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Singapore-based dry bulk shipowner Berge Bulk and global mining firm BHP have collaborated on the pilot iron ore voyage from Australia to China powered entirely by B100 biodiesel. The post Berge Bulk and BHP join forces for biodiesel-powered iron ore voyages appeared first on Offshore Energy.

US eases 45V hydrogen tax credit rules | Hydrogen

Hourly matching requirements have been pushed back until 2030 Hourly matching requirements have been pushed back until 2030 The US Treasury’s much-awaited response on the implementation of 45 hydrogen tax credits sees greater timeline flexibility and provisions for nuclear operators. Under the initial proposal, released in December 2023, producers would have had to match their clean hydrogen plant’s operations with renewable electricity production within the same hour from 2028. However, the hourly matching requirement has now been pushed back until 2030. A new pathway has been added to allow for existing nuclear reactors, up to 200MW, as a viable electricity source for hydrogen producers, reflecting that certain nuclear reactors are at greater risk of retirement based on certain economic factors, and if nuclear retirement is averted then the additional demand from hydrogen production will not… Read More »US eases 45V hydrogen tax credit rules | Hydrogen

Singapore powers ahead with hydrogen plants | Singapore

© Energy Market Authority © Energy Market Authority Singapore is stepping up efforts to develop hydrogen and decarbonise heavy industry. Last November, ground was broken on the 600 megawatt (MW) Keppel Sakra Cogen plant which is expected to be ready in the first half of next year. Once operational, the plant will expand Keppel’s generation capacity by nearly 50% to 1,900 MW. That came hot on the heels of YTL PowerSaraya starting work on a 600MW hydrogen-ready Combined Cycle Gas Turbine (CCGT) at its Pulau Seraya Power Station (PSPS) site. Today (3rd January), the Energy Market Authority (EMA) awarded PacificLight Power (PLP) the right to build, own, and operate a new hydrogen-ready CCGT generating unit, seeing off five competitors in the process. It will also offer at least 600 MW in generation capacity, and slated… Read More »Singapore powers ahead with hydrogen plants | Singapore

H2Carrier, Greenstat to work on hydrogen and ammonia projects in India and Sri Lanka

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H2Carrier and Greenstat Hydrogen India (GHI) have signed a memorandum of understanding (MoU) to accelerate the development and deployment of green hydrogen and ammonia projects located in India and Sri Lanka. The post H2Carrier, Greenstat to work on hydrogen and ammonia projects in India and Sri Lanka appeared first on Offshore Energy.