Feb 9, 2023
WSG speeds up European expansion with acquisition of French petrochem specialist Nitrovia
Oil and Gas News
Feb 8, 2023
Other
Evides Industriewater will supply demiwater for Shell's green hydrogen plant over the next 15 years.
Ruben van Grinsven, general manager Integrated Hydrogen Projects of Shell and Annette Ottolini, managing director of Evides Waterbedrijf, signed the supply agreement.
Part of the agreement is the construction of a new demiwater pipeline to the hydrogen plant at the... [Read More]
Oil and Gas News
Feb 8, 2023
Other
Oil and gas giant bp has recorded annual profits of $27.7 billion (€25 billion).
The company's profits more than doubled last year as energy prices soared after Russia invaded Ukraine.
Shell also recorded record-breaking profits last week.
BP boss Bernard Looney said the British company was “helping provide the energy the world needs” while investing the transition... [Read More]
Oil and Gas News
Feb 8, 2023
Pipelines
Linde has signed a long-term agreement to supply clean hydrogen and other industrial gases to OCI’s new world-scale blue ammonia plant in Beaumont, Texas.
Linde will build, own and operate an on-site complex which will include autothermal reforming with carbon capture, plus a large air separation plant.
The new complex will be integrated into Linde’s extensive Gulf... [Read More]
Oil and Gas News
Feb 7, 2023
Pumps
Circular Fuels has submitted formal planning permission plans for their first £150m waste-to-DME production plant at Teesworks, the UK’s largest and most connected industrial zone.
renewable & recycled carbon DME is a sustainable, cost-effective and clean burning fuel that can help decarbonise liquefied petroleum gas (LPG) industry and off-grid energy sectors.
Once... [Read More]
Oil and Gas News
Feb 6, 2023
Pipelines
INEOS Inovyn and Statkraft have renewed their long-standing partnership in Norway by signing two new long-term power agreements to supply renewable energy for the Rafnes and Porsgrunn sites.
The first agreement effectively replaces the site’s existing power contract, which will expire in May.
It covers a capacity of 100 MW for an annual renewable energy production... [Read More]
Oil and Gas News
Feb 2, 2023
Other
Shell has announced record annual profits after energy prices surged last year after Russia's invasion of Ukraine.
Profits hit $39.9 billion (€35 billion) in 2022, which is the highest in its 115-year history.
Energy firms have been making record profits after oil and gas prices jumped following the invasion of Ukraine.
Oil and gas prices had begun to rise after the... [Read More]
Oil and Gas News
Feb 2, 2023
Other
KP Engineering (KPE), a leader in the design and execution of customised EPC solutions for the refining, syngas, hydrogen and renewable fuels industries, has announced the completed acquisition of its assets by The Shaw Group (Shaw), a leader in global pipe and module fabrication.
This strategic acquisition will further enable Shaw to deliver complete engineering, procurement,... [Read More]
Oil and Gas News
Jan 31, 2023
Valves
Emerson is set to build a new manufacturing hub at the King Salman Energy Park (SPARK) in Saudi Arabia.
The facility will be one of the largest investments in the Middle East and Africa region for the company.
The plant, which is expected to open by December next year, will provide industrial customers in the region with services for control systems engineering, staging... [Read More]
Oil and Gas News
Jan 30, 2023
Pipelines
TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon.
The agreements were endorsed in Beirut on January 29, during a ceremony attended by Walid Fayad, the Minister of Energy and Water of Lebanon; Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and president and... [Read More]
Oil and Gas News
Jan 30, 2023
Pumps
Wärtsilä will supply the engines for a large power plant to be installed in Latin America.
The plant will provide baseload power to the grid, but the rapid start-up flexibility of the engines will enable it to take on a grid balancing role as the system’s share of renewable energy increases.
The order, valued at more than €100 million, was placed by a major EPC... [Read More]
Oil and Gas News
Jan 27, 2023
Pipelines
Australian electrolyser company Hysata has been selected as one of the successful grant recipients for the HyGATE Initiative to support pilot, trial and demonstration projects along the hydrogen supply chain.
Paul Barrett, CEO of Hysata: “We are proud to have the backing of the Australian and German Governments as we rapidly scale-up our high efficiency electrolyser.
“Hysata’s... [Read More]
Oil and Gas News
Jan 27, 2023
Pipelines
Technip Energies announced signing MoUs with PCL Industrial Management Inc. and Capital Engineering to work on energy transition markets in Canada.
Under the agreement, Technip Energies services will include conceptual, front-end and detailed engineering, procurement, and technical capabilities with PCL.
Technip Energies and Capital Engineering will work together to... [Read More]
Oil and Gas News
Jan 26, 2023
Pipelines
The floating production, storage and offloading (FPSO) vessel for the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project has started its journey towards the site, off the coasts of Mauritania and Senegal.
The FPSO set sail on 20 January from Qidong, China, after successfully completing a series of sea trials following construction over the past... [Read More]
Oil and Gas News
Jan 25, 2023
Pipelines
Mexican state oil company Pemex's newest refinery, which is still under construction in Mexico's south-east, will begin to process crude oil in July.
The country’s Energy Minister Rocio Nahle said things were "going really well," noting the refinery would begin processing in July, a year after its official inauguration.
The Olmeca refinery, the cornerstone of President... [Read More]
Oil and Gas News
Jan 25, 2023
Pipelines
The EU consumption of natural gas has dropped by 20.1% in the period August-November 2022, compared with the average gas consumption for the same months between 2017 and 2021.
The Council Regulation (EU) 2022/1369 on coordinated demand-reduction measures for gas, part of the REPowerEU plan to end EU dependence on Russian fossil fuels, set a reduction target of 15% for... [Read More]
Oil and Gas News
Jan 24, 2023
Pipelines
Germany must accelerate a hydrogen law revision to allow for related investments in gas transport networks up to the end of the decade, said the head of the biggest gas pipeline operator Open Grid Europe (OGE).
Gas carriers must prepare for the shift to renewables to complement Germany's plan to produce, import and market clean hydrogen, derived from carbon-free wind... [Read More]
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