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Funding challenges of green steel | Decarbonisation News

Green steel financing is back in the spotlight after Swedish company Stegra announced a new financing round for the construction of its large-scale plant in Boden. In a statement, the firm (formerly H2 Green Steel) said funding will cover ‘higher project costs and secure a financial buffer’. There was also a comment directed to Brussels, claiming offset state grants ‘were not fulfilled’ despite approval from the EU Commission. Current Board Director Shaun Kingsbury is appointed new Chairman of the Board replacing Harald Mix, as part of the strategic changes. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to this full article… Read More »Funding challenges of green steel | Decarbonisation News

CMA CGM, Port of Koper to create automotive logistics JV

French shipping and logistics giant CMA CGM Group and the Slovenian Port of Koper have signed a declaration for the establishment of a joint venture (JV) for complementary services in the field of automotive logistics The post CMA CGM, Port of Koper to create automotive logistics JV appeared first on Offshore Energy.

QatarEnergy makes use of ‘largest LNG receiving terminal’ in Europe

QatarEnergy has started utilizing liquefied natural gas (LNG) storage and regasification capacity at a giant LNG terminal in the UK, which is described as Europe’s largest LNG regasification terminal, located at Isle of Grain to the East of London. The post QatarEnergy makes use of ‘largest LNG receiving terminal’ in Europe appeared first on Offshore Energy.

Borr rig embarks on multi-well oil & gas drilling job in Asia, another unit joining next month

UK-headquartered oil and gas player Pharos Energy has confirmed the start of drilling activities in Block 16-1, located in the shallow water Cuu Long Basin, off the coast of Vietnam. A jack-up rig, owned by Borr Drilling, an offshore drilling player, has begun this drilling assignment. This mobile offshore drilling unit (MODU) will work alongside another rig, which will start its job in mid-November 2025. The post Borr rig embarks on multi-well oil & gas drilling job in Asia, another unit joining next month appeared first on Offshore Energy.

Norwegian Cruise Line and Repsol ink long-term renewable marine fuels deal

Cruise company Norwegian Cruise Line Holdings (NCLH) and Spanish multi-energy player Repsol have established “an unprecedent long-term relationship within the cruise industry” with a landmark 8-year agreement covering supply of renewable marine fuels at the Port of Barcelona. The post Norwegian Cruise Line and Repsol ink long-term renewable marine fuels deal appeared first on Offshore Energy.

North Sea FPSO back online after temporary production halt

Serica Energy has disclosed the restart of production from a floating production, storage, and offloading (FPSO) vessel, which is deployed at its North Sea asset on the UK Continental Shelf (UKCS). The post North Sea FPSO back online after temporary production halt appeared first on Offshore Energy.