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Japan firms bring interest and expertise to India green ammonia project | Ammonia

India and Japan are strengthening their value chain links India and Japan are strengthening their value chain links Six leading Japanese firms with an eye on building an international green ammonia value chain have signed a Memorandum of Understanding (MOU) to explore investment opportunities in a production project in Odisha, eastern India. IHI Corporation, Hokkaido Electric Power Co., Mitsubishi Gas Chemical Company, Mitsui OSK Lines (MOL), Mizuho Bank, and Tokyo Century Corporation are exploring the opportunity to develop a facility with renewable energy company ACME Group by 2030. It would produce around 400,000 tonnes of green ammonia annually which could be exported to Japan to serve its power generation companies and chemical manufacturers. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link

Europe allocates €5bn to Germany for hydrogen and CCUS | Germany

The European Commission has approved €5bn funding for Germany to reduce carbon dioxide emissions in its industrial production processes through hydrogen, carbon capture, utilisation and storage (CCUS) and electrification. The funding, approved under EU state aid rules, aims to help companies meet EU Emissions Trading Scheme (ETS) targets and will take the form of two-way carbon contracts for difference, called ‘Climate Protection Contracts’, with a 15-year duration. The projects supported under the scheme, which will be selected through an open bidding process, will range from the replacement of traditional steel production processes by hydrogen direct reduction processes to fuel switches in the cement and lime sector to electrification in the chemical sector. To qualify, interventions will need to achieve a 60% emission reduction in three years and a 90% emission reduction by the end of… Read More »Europe allocates €5bn to Germany for hydrogen and CCUS | Germany

North Sea operator makes a play for JAPEX’s UK arm to fortify its stake in BP’s oil asset

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Ithaca Energy, a North Sea oil and gas operator and producer, has set the wheels in motion to get its hands on JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX), which will enable it to boost its interest in a BP-operated oil field on the UK Continental Shelf (UKCS). The post North Sea operator makes a play for JAPEX’s UK arm to fortify its stake in BP’s oil asset appeared first on Offshore Energy.

Karpowership taps MAN ES to deliver dual-fuel engines for newbuild Powerships

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Karpowership, Turkiye’s builder, owner, and operator of floating power plants (Powerships), has contracted German engine maker MAN Energy Solutions (MAN ES) to deliver dual-fuel engines for its newbuilds. The post Karpowership taps MAN ES to deliver dual-fuel engines for newbuild Powerships appeared first on Offshore Energy.

Keppel and JBIC partner on energy transition and digitalization opportunities in Asia

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Keppel has signed a non-binding MoU with the Japan Bank for International Cooperation (JBIC), aimed at establishing a clean energy supply chain in Asia that is expected to help advance the energy transition and promote sustainable digitalization in the region. The post Keppel and JBIC partner on energy transition and digitalization opportunities in Asia appeared first on Offshore Energy.