Oil and Gas News
Pipelines
bp has now completed its acquisition of GETEC ENERGIE, a leading supplier of energy to commercial and industrial (C&I) customers in Germany.
Agreement for this deal was announced in January 2024.
The acquisition of GETEC ENERGIE GmbH will accelerate the growth of bp’s European gas and power presence, as well as providing opportunities to grow integrated lower carbon energy solutions for C&I…
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Pipelines
PETRONAS has achieved outstanding successes in its exploration and appraisal activities in both Peninsular Malaysia and internationally during the first half of 2024.
The oil and gas major has achieved success offshore Suriname with the Sloanea-2 appraisal well in Block 52, which was drilled in June.
This accomplishment has bolstered PETRONAS’ prospects in the basin and opens the possibility…
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Other
Cepsa is making progress on its Positive Motion strategy to become a leader of the energy transition after agreeing to sell its subsidiaries for butane, propane and autogas (Gasib) to Abastible - a subsidiary of the Chilean Empresas Copec group and a leader in the liquefied Ggas business in Latin America.
Under the agreement, Gasib will continue to offer its butane, propane and autogas products…
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Pipelines
Shell Deutschland has taken a Final Investment Decision (FID) to progress REFHYNE II - a 100-megawatt renewable proton-exchange membrane (PEM) hydrogen electrolyser at the Shell Energy and Chemicals Park Rheinland in Germany.
Using renewable electricity, REFHYNE II is expected to produce up to 44,000 kilograms per day of renewable hydrogen to partially decarbonise site operations. The…
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Pipelines
Wood has played a key role in securing more than €1 billion of funding for its clients in Europe, enabling three major clean energy projects to reach final investment decisions (FID).
Wood is also acting as owner's engineer for the Catalina green hydrogen project, a first-of-its-kind project in Spain.
The project was recently announced as a recipient of the European Hydrogen Bank’s first…
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Pipelines
bp has taken a final investment decision on the Kaskida project in the US Gulf of Mexico.
This demonstrates bp’s long-term commitment to deliver secure, affordable and reliable energy.
Kaskida will be bp’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80,000 barrels of crude oil per day from six wells in the first phase.…
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Pipelines
Technip Energies has been awarded an engineering and procurement contract by Chevron Phillips Chemical for the supply of a proprietary low-emission cracking furnace in an existing olefins unit at its facility in Sweeny, Texas.
This low-emission design is cost-effective and will reduce fuel consumption and CO₂ emissions by approximately 30%.
Technip Energies’ patented design of the Low…
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Pipelines
Aramco has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG).
The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen and nitrogen.
Building on its efforts to develop a lower-carbon hydrogen business and expand its portfolio of alternative…
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Pipelines
Gevo has revealed that its renewable natural gas business recently achieved record production levels.
“I am pleased that we achieved an annualized production rate of approximately 402,000 MMBtu in May, exceeding our previous record of approximately 401,000 MMBtu in March,” said Staci Bogue-Buchholz, vice-president and General Manager of Gevo’s RNG facilities. “These results show we have…
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Pipelines
The global oil demand has been on the rise after the COVID-19 pandemic.
Moreover, the Russia-Ukraine conflict caused major alterations in energy supply routes, which went in favour of the US shale drillers, including those in the Permian Basin.
Spanning Texas and New Mexico, the Permian Basin remains the largest oil-producing shale play in the US.
Strong global demand and geopolitical…
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Pipelines
Energy company Mabanaft has submitted the approval documents for the planned construction of an ammonia import terminal in Hamburg to the Hamburg Authority of Environment, Climate, Energy and Agriculture (BUKEA).
The ammonia import terminal will be built on Mabanaft's existing tank terminal Blumensand in the Port of Hamburg and will be used in particular to expand the hydrogen supply.
Subject…
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Pipelines
Essar Energy Transition (EET) has launched EET Hydrogen Power - Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery.
The aim is to complete construction in 2027.
The investment will support EET Fuels’ ambition to become the lowest carbon process refinery, globally and EET Hydrogen’s ambition to become the leading low carbon hydrogen…
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Pipelines
New entrant Cleanova has won a contract to supply filtration systems for a multi-billion dollar blue hydrogen manufacturing facility in Louisiana, US.
The clean energy project will come on stream in 2026. It will produce over 750 million standard cubic feet per day of blue hydrogen for pipeline customers on the US Gulf Coast and blue ammonia for global hydrogen markets.
Around 95% of the…
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Pipelines
Shell Trinidad and Tobago, a subsidiary of Shell plc, has taken Final Investment Decision (FID) on the Manatee project - an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago.
Manatee will allow Shell to competitively grow its integrated gas business by building on development efforts in the ECMA, one of the country’s most prolific gas-producing areas. The ECMA…
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Pipelines
Wood has been awarded a contract by Centrica Energy Storage (CES) for the redevelopment of the UK’s Rough field in readiness for future hydrogen storage.
The Rough reservoir, located in the Southern North Sea, has been used to store natural gas safely for over 30 years and has the potential to provide over half of the UK’s hydrogen storage requirements.
The front-end engineering design…
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Pipelines
Wood, a global leader in consulting and engineering, has secured a six-year contract to provide brownfield engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia.
Ken Gilmartin, CEO at Wood said: “LNG is a key transition fuel as industry balances the need for global energy security with…
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Pipelines
ORLEN, through its subsidiary PGNiG Supply & Trading, has signed a contract with a Slovak company ZSE Group for the sale of gas, the volume of which will cover approximately 30% of ZSE’s demand during the year.
The contract exemplifies increasing cooperation among CEE companies to diversify supply sources and enhance gas security within the region.
Under the contract, ORLEN will provide the…
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Pipelines
Kent has secured $ 1.2 billion (€1.1 billion) in new contracts in the first half of 2024.
This achievement underscores the company's strong market presence and its continued growth across multiple regions worldwide.
In the UAE, Kent has been awarded multiple Front-End Engineering Design (FEED) and Project Management Consultancy (PMC) contracts.
These projects contribute to the Nation’s…
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Catalyst for Change: Sustainable and Efficient Flow Control for the Chemical Industry
Regulation has played an important role in shaping the UK pump industry, but the pace, scope and complexity of change we are now experiencing marks a significant shift, writes Wayne Rose, Chief Executive, British Pump Manufacturers Association (#BPMA).
https://fluidhandlingmag.com/news/navigating-change-managing-regulatory-complexity-in-the-uk-pump-industry/
Andy Burnham, the former editor of @BulkDistributor magazine which forms part of the @FluidHandIntl stable of publications, has been formally sworn in as the new Prime Minister of the United Kingdom.
https://fluidhandlingmag.com/news/ex-editor-andy-burnham-sworn-in-as-new-uk-prime-minister-after-starmer-steps-down/
#fluidhandling #PM #AndyBurnham
#Kent has announced its continued support of #OXEA Corporation through a long-term Engineering Services Agreement and the award of detailed engineering services for a major specialty chemicals project at OXEA’s Bay City facility.
https://fluidhandlingmag.com/news/kent-awarded-epcm-services-for-major-oxea-specialty-chemicals-project/
#fluidhandling #pumps