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China leads in total committed investments in $110B clean hydrogen industry, report finds

More than 500 clean hydrogen projects worldwide have reached maturity, representing $110 billion in investments, with China occupying the leading position in total committed investments and renewable hydrogen production, according to the Hydrogen Council’s new annual publication. The post China leads in total committed investments in $110B clean hydrogen industry, report finds appeared first on Offshore Energy.

$320M project to store CO2 at Gulf of Thailand gas field gets green light

Thailand’s national oil and gas company, PTT Exploration and Production Public Company Limited (PTTEP), has reached the final investment decision (FID) on a carbon capture and storage project (CCS) at a gas field in the Gulf of Thailand. The post $320M project to store CO2 at Gulf of Thailand gas field gets green light appeared first on Offshore Energy.

TotalEnergies strikes decade-long Asian LNG deal with South Korea’s KOGAS

TotalEnergies has secured a multi-year liquefied natural gas (LNG) supply agreement with Korea Gas Corporation (KOGAS), South Korea’s national gas company, which is perceived to be one of the world’s largest importers of LNG. The post TotalEnergies strikes decade-long Asian LNG deal with South Korea’s KOGAS appeared first on Offshore Energy.

Electric Hydrogen acquires Ambient Fuels to boost hydrogen projects

U.S.-based electrolyzer manufacturer Electric Hydrogen has acquired compatriot hydrogen project developer Ambient Fuels in a deal aimed at expanding the company’s project pipeline and strengthening its ability to co-develop clean hydrogen facilities with customers. The post Electric Hydrogen acquires Ambient Fuels to boost hydrogen projects appeared first on Offshore Energy.

Mauritania driving global hub ammonia status with Hynfra deal | supporting infrastructure including water desalination plants

A deal to build a “globally significant” green ammonia plant has been signed between Poland’s Hynfra, Mauritania company Mauritania Green Ammonia (MGA) and the government of Mauritania. Confirmation of the $1.5bn project, which is expected to deliver 100,000 tonnes of green ammonia annually from 2030, follows the signing last year of a memorandum of understanding. The facility will be in the southern zone of the Somelec wind farm near the capital Nouakchott. Tomoho Umeda, General Director of MGA and President of Hynfra, said the north-west African country’s combination of high solar potential and strong, stable winds gives it some of the best conditions in the world for developing renewable energy, with commercial estimates totalling 400GW. “Combined with a century of Polish experience in ammonia synthesis, this creates a unique opportunity to build a project of… Read More »Mauritania driving global hub ammonia status with Hynfra deal | supporting infrastructure including water desalination plants