Oil and Gas News
Pipelines
Air Liquide and Dow have renewed their industrial gas supply agreement in Stade - one of the largest chemical production sites in Lower Saxony, Germany.
Air Liquide will supply industrial gases under a long-term agreement and invest close to €40 million in the modernisation of its assets, enabling operational efficiency and reducing CO2 emissions.
Air Liquide will modernise its existing…
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Pipelines
Wood has been selected as owner’s engineer on a major green hydrogen production project in Teruel, Spain.
The first-of-a-kind Catalina Project, developed by a consortium led by Copenhagen Infrastructure Partners through its Copenhagen Infrastructure Energy Transition Fund I K/S, will combine 1.5GW of wind and solar energy to power a 500-MW electrolyser producing green hydrogen.
As the…
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Pipelines
Linde is supplying Celanese with carbon dioxide captured from its state-of-the-art carbon monoxide and hydrogen production facility at Clear Lake, Texas.
Celanese will use the captured carbon dioxide and resulting clean hydrogen, along with other carbon dioxide sources, as feedstock to produce methanol with a lower carbon intensity at its Fairway Methanol LLC joint venture with Mitsui &…
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Pipelines
A consortium led by Exxon Mobil Corp which controls all oil production in Guyana is pumping about 645,000 bpd in the South American country.
This is up from about 400,000 bpd in late 2023, the US producer said.
Guyana has emerged as the world's fastest-growing new oil province in a decade with discoveries of more than 11 billion barrels of oil and gas by Exxon and its partners Hess Corp and…
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Pipelines
Veolia has launched a site feasibility study ahead of a pilot project to use innovative carbon capture processes in energy recovery facilities (ERF) in the UK.
Developed with the aim of producing green fuels by capturing, extracting and purifying CO2, it can create synthetic green end products, such as eKerosene, eMethanol and specialty chemical products to transform the sustainability of the…
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Pipelines
Clean Power Hydrogen, the UK-based green hydrogen group that has developed the IP-protected Membrane-Free Electrolyser (MFE), has been awarded three ISO certifications for Occupational Health and Safety (ISO 45001), Environmental Management Systems (ISO 14001) and Quality Management Systems (ISO 9001).
ISO 45001 is an internationally recognised standard that ensures the highest quality of…
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Pipelines
Technip Energies and Shell Catalysts & Technologies have been awarded the EPF (Engineering, Procurement, and Fabrication) contract by Carbon Centric for a carbon capture unit project in Rakkestad, Norway.
The project will be designed to capture 10,000 tonnes per annum of carbon dioxide from the Rakkestad waste incineration plant run by Østfold Energi.
The gas will be purified and liquified,…
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Other
Oil and gas major bp has reported a sharp drop in profits after oil prices fell last year.
Profits were $13.8 billion (€12.3 billion) in 2023 - down from a record $27.7 billion (€25.7 billion) in the previous year.
Energy firms reported huge gains when oil and gas prices soared in the aftermath of Russia's invasion of Ukraine because of fears over supplies.
While households energy bills…
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Pumps
ITT Inc. has signed a three-year agreement for the supply of API-610 centrifugal pump systems and related products and engineered services to ExxonMobil, one of the world’s largest international energy and petrochemical companies.
The agreement contains a $50 million (€46 million) minimum contract commitment, with a total potential value of $80 million (€74 million) in revenue over the…
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Pipelines
Wood has secured an $80 million (€73 million) contract extension with Equinor to deliver maintenance and modification solutions to their Peregrino offshore assets, off the coast of Rio de Janeiro, Brazil.
The two-year extension builds on a long-term and global partnership with Equinor, where Wood supports operations in the United Kingdom, Norway and Brazil.
Wood will continue to provide…
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Pipelines
Shell Deutschland has taken a final investment decision (FiD) to convert the hydrocracker of the Wesseling site at the Energy and Chemicals Park Rheinland into a production unit for Group III base oils, used in making high-quality lubricants such as engine and transmission oils.
Crude oil processing will end at the Wesseling site by 2025 but will continue at the Godorf site.
Huibert Vigeveno,…
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Flowmeters
ABB has begun the construction of a new 12,000 sq ft calibration hall in the industrial park adjacent to its existing 200,000 sq ft manufacturing facility in Bartlesville, Oklahoma.
The investment will strengthen the company’s calibration capabilities and provide customers with high levels of quality and accuracy in ABB’s full range of flowmeters.
High accuracy flowmeter calibration…
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Pipelines
Wood has recorded significant growth in the Middle East region securing $850 million (€785 million) in contract wins in the last 12 months.
Wood’s growth is driven by demand for conventional and low carbon energy supply, focusing on decarbonisation, energy optimisation, asset life extension and energy transition solutions.
Working in Iraq, the Kingdom of Saudi Arabia, Qatar, and the UAE,…
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Pipelines
Neste is offering a new co-processed odourless heating kerosene as a lower-emission solution for portable liquid fuel heaters.
The first order was delivered at the turn of the year to PVG, the European market leader in home climate solutions, having its own liquids production plant in Ghent, Belgium.
This new heating liquid for portable liquid fuel heaters will be launched to the consumer…
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Pipelines
BASF process catalysts has announced a new collaboration with Envision Energy - a green technology provider of comprehensive net-zero solutions.
The collaboration aims to further develop the conversion of green hydrogen and CO2 into e-methanol through an advanced, dynamic process design.
The two companies aim to optimise the process of producing e-methanol from green hydrogen and CO2, paving…
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Pipelines
SunGas Renewables has been selected by Australian green hydrogen and methanol project developer ABEL Energy to supply green methanol for a new $1.4 billion (€1.3 billion) facility in Northern Tasmania, Australia.
Johnson Matthey, a leading methanol synthesis technology and catalyst supplier, was also selected to supply key technologies for the project.
The ABEL Energy Bell Bay Powerfuels…
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Pipelines
Engineering firm Wood has been awarded a “major” contract to deliver topside modifications for a bp subsea tieback in the UK North Sea.
Wood said its operations business will deliver engineering, procurement, construction and commissioning (EPCC) services to enhance the central processing facility of bp’s Eastern Trough Area Project (ETAP) production hub in the central North Sea.
The…
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Pipelines
European green and renewable hydrogen producer and supplier Lhyfe and European renewable energy developer Source Galileo have announced a joint agreement to develop commercial-scale green and renewable hydrogen production units in the UK and Ireland.
The companies have signed a memorandum of understanding (MoU) with the goal of deploying production facilities powered by renewable energy,…
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