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CCS trade body urges funding certainty ahead of UK spending review | CCS

Trade body the Carbon Capture & Storage Association (CCSA) is urging the UK government to provide long-term certainty and commit funding to advance pre-selected CCUS Track-1, Track-1 expansion and Track-2 projects in the spending review on 11 June. Its policy wish-list also extends to establishing regular allocation funding rounds for other CCUS projects within the same timeframes, and advancing efforts to remove barriers to a cross-border carbon market within Europe, along with “quick progress” on UK–EU ETS alignment and the UK Carbon Border Adjustment Mechanism. Despite the UK government committing $22bn to developing hydrogen and CCS in the next 25 years, economic pressures threaten to stall the pace of development of key projects. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly… Read More »CCS trade body urges funding certainty ahead of UK spending review | CCS

Maersk’s green methanol containership fleet is now complete

Danish shipping and logistics major A.P. Moller – Maersk has taken delivery of Axel Maersk, completing the world’s first series of large dual-fuel methanol container vessels. The post Maersk’s green methanol containership fleet is now complete appeared first on Offshore Energy.

SOCAR strengthens energy ties in oil & gas realm with ExxonMobil and Canadian player

Thanks to a new set of deals, the State Oil Company of the Republic of Azerbaijan (SOCAR) is pooling resources with the U.S.-headquartered ExxonMobil and Canada’s Gran Tierra Energy to explore energy opportunities. The post SOCAR strengthens energy ties in oil & gas realm with ExxonMobil and Canadian player appeared first on Offshore Energy.

MOL’s Wind Hunter hydrogen project selected for NEDO’s research initiative

Japanese shipping company Mitsui O.S.K. Lines’ (MOL) Wind Hunter project, a zero-emission initiative that utilizes wind power to produce hydrogen, has been selected by Japan’s New Energy and Industrial Technology Development Organization (NEDO) to participate in a project to research the potential for achieving a hydrogen society. The post MOL’s Wind Hunter hydrogen project selected for NEDO’s research initiative appeared first on Offshore Energy.

New booking enables Wärtsilä to work on Egypt-bound FSRU conversion gig

Wärtsilä has received a new regasification module order from Höegh Evi for a conversion project that will see a liquefied natural gas (LNG) carrier repurposed into a floating storage and regasification unit (FSRU) destined for deployment in Egypt. The post New booking enables Wärtsilä to work on Egypt-bound FSRU conversion gig appeared first on Offshore Energy.