
Belgium-based offshore energy and dredging contractor DEME has inked a cooperation agreement with the Egyptian government to establish an industrial-scale green hydrogen production facility in the Port of Gargoub in Egypt’s western desert.

Aether Fuels has secured $34 million in Series A financing from a syndicate of global investors, with the aim to, among other things, accelerate the scale-up of Aether Aurora, the company’s proprietary technology to create sustainable fuels for the aviation and ocean shipping industries.