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H2 Carrier's P2XFloater™ concept received Approval in Principle from DNV in late August. With beginnings in the oil industry, Floating Production units have played a vital role, extending the life of offshore fields and allowing for greater flexibility in production & transfer of product. As the energy transition gathers pace, so-called “Floaters” represent an immediate opportunity to fully leverage new Power-to-X projects, allowing for offshore production of hydrogen and ammonia.