Oil and Gas News
Pipelines
bp has announced a potential start date for its Tiber offshore oil project in the US Gulf of Mexico.
According to Andy Krieger, BP's senior vice-president of its Gulf of Mexico and Canada operations, the oil and gas major is contemplating a decision to proceed with its Tiber offshore oil project in the area by next year.
It is aiming to increase its production to 400,000 boed by 2030, up from…
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Pipelines
H-TEC SYSTEMS and Bilfinger have signed a Memorandum of Understanding (MoU) for a collaboration aimed at jointly developing green hydrogen projects in Europe.
The non-exclusive strategic partnership is centred on the development of large-scale electrolysis projects.
A core element of the collaborative initiative between H-TEC SYSTEMS and Bilfinger is to jointly develop green hydrogen project…
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Pipelines
Wood has been awarded a new decarbonisation contract by TotalEnergies to support flare gas recovery in the North Sea.
The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood’s successful completion of a field study and front-end engineering design (FEED) and includes the coordination of operations, procurement and design aspects for the Elgin asset.…
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Pipelines
Two hydrogen projects owned by CI Energy Transition Fund I, managed by Copenhagen Infrastructure Partners, were successful in securing grants from the European Commission.
Catalina was awarded €230 million while Madoqua was awarded €245 million.
The two projects are cornerstones in the future decarbonisation of European hard-to-abate energy sectors like shipping and heavy industries.…
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Pipelines
Lhyfe has announced the signing of a memorandum of understanding for the creation of a green hydrogen production unit near Ugitech’s Ugine site (Savoie, France) to decarbonise part of the steelmaker’s industrial operations and help decarbonise local mobility.
This site, which is to be located in the heart of the French Alps where the 2030 Winter Olympics will be held, should also contribute…
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Pipelines
Shell UK has taken a final investment decision (FiD) on the Victory gas field in the UK North Sea - 47 km north-west of the Shetland Islands.
Once onstream, the field will help to maintain domestically produced gas for Britain’s homes, businesses and power generation.
The development will feature a single subsea well which will be tied back to existing infrastructure of the Greater Laggan…
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Pipelines
A new LPG terminal is now operational in Teesside that will improve the security of the nation’s off-grid energy supply – providing up to 90,000 tonnes of LPG each year to homes and businesses across Northern England, Scotland and Northern Wales.
Commissioned by leading LPG supplier Flogas Britain, alongside partners North Sea Midstream Partners (NSMP) and Exolum Seal Sands, the facility is…
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Pipelines
Aramco has awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion (€7.2 billion) for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia.
The project is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd).
This additional 1.5 bscfd of processing capacity is expected…
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Pipelines
MOL Group has handed over a 10 megawatt capacity green hydrogen plant in Százhalombatta which is the largest in central and eastern Europe.
The €22 million investment makes fuel production more sustainable - the plant will reduce the Danube Refinery's carbon dioxide emissions by 25 000 tonnes.
The green hydrogen plant, with a 10 megawatt electrolysis unit, was created by Plug Power and it…
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Pipelines
Kent, a global integrated energy services provider has been awarded a comprehensive three-year framework contract with Repsol Norge for various operations in the Norwegian sector of the North Sea.
This contract encompasses a wide range of critical services including studies, specialist engineering support, EPCI (Engineering, Procurement, Construction, and Installation) packages, and the…
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Pipelines
TotalEnergies has agreed to acquire the 20% interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources (80%) in the Eagle Ford shale gas play.
This increases its natural gas production capacity in Texas and further strengthens its business integration in the US LNG value chain.
Located in Texas, the Dorado field will allow TotalEnergies to increase its net US natural gas…
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Pipelines
Aramco has signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan (GO).
GO is one of the largest retail and storage companies in Pakistan. The transaction is subject to certain customary conditions, including regulatory approvals.
The planned acquisition is Aramco’s first entry into the Pakistani fuels market, advancing the company’s strategy to strengthen its…
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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, will combine 1.5 GW of wind and solar energy to power a 500-MW electrolyser producing green hydrogen.
Wood will lead as…
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Pipelines
The Japan Bank for International Cooperation has signed a loan agreement amounting to up to $390 million (€363 million) with Trafigura.
The loan is co-financed with Sumitomo Mitsui Banking Corporation, bringing the total co-financing amount approximately to $560 million (€521 million).
Trafigura is a major supplier of resources including liquefied natural gas (LNG) as a market leader in…
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Pipelines
ADNOC has signed a 15-year agreement with SEFE Marketing & Trading Singapore, a subsidiary of Germany’s SEFE Securing Energy for Europe, for the delivery of 1 million metric tonnes per annum of liquefied natural gas (LNG).
The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu Dhabi. The Ruwais LNG plant…
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Pipelines
ABB is collaborating with Green Hydrogen International (GHI) on a project to develop a major green hydrogen facility in south Texas.
As part of the Memorandum of Understanding (MoU) ABB’s automation, electrification and digital technology will be assessed for deployment at GHI’s Hydrogen City project.
The Power-to-X facility will use solar and onshore wind energy to power a 2.2 GW…
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Pipelines
Lhyfe has received confirmation from the French government of financial support in the form of a grant of up to €149 million for the construction of a green hydrogen production plant with an installed electrolysis capacity of 100 MW near Le Havre.
This project, led by Lhyfe for over two years, has been approved by the European Commission as part of the third wave of IPCEI (Important Projects…
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Pipelines
LIBERTY Steel said its Hartlepool pipes division has been selected for a major contract to supply pipelines to key UK energy infrastructure developments.
The projects are the Northern Endurance Partnership (NEP) and the Net Zero Teesside Power (NZT Power) which aims to make significant cuts to UK carbon emissions.
The firm will deliver onshore and offshore linepipe to the Teesside-based…
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