Mitsui
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The operator also has increased its stake in the Kaikias field in the Mars basin.
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The region stands to benefit from TotalEnergies’ experience as a partner in Norway’s Northern Lights CCS development to decarbonize industrial operations in northern Europe. The first injection of carbon dioxide at Northern Lights is expected in 2024.
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Geothermal energy has the potential to play a significant role in Japan's energy transition.
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The country has scrapped plans to build additional FSRUs, and decided instead on land-based LNG as the mainstay of its energy mix