Oil and Gas News
Pipelines
Shell Pipeline’s Zydeco oil pipeline that runs from Houston to Port Neches in Texas is operating at reduced capacity.
Reuters has reported that due to project work at Port Neches the key link is expected to remain at reduced capacity until mid to late December.
The Zydeco pipeline system alleviates transportation bottlenecks of crude arriving in Houston from the Eagle Ford, Permian and Bakken…
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Pipelines
Linde and SLB have entered into a strategic collaboration on carbon capture, utilisation and sequestration (CCUS) projects to accelerate decarbonisation solutions across industrial and energy sectors.
The collaboration will combine decades of experience in carbon dioxide (CO2) capture and sequestration; innovative technology portfolios; project development and execution expertise; and…
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Pumps
ExxonMobil and Pertamina have signed an agreement at the G20 Summit in Bali to further progress their previously announced regional carbon capture and storage hub for domestic and international CO2.
The Heads of Agreement builds upon a joint study and memorandum of understanding that was signed at COP26 in Glasgow, Scotland, to assess carbon capture and storage technologies, low-carbon hydrogen…
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Pipelines
Emerson has signed a five-year framework agreement with Equinor to provide operational support services to ensure continued safe and optimised oil and gas production.
The service agreement for the Martin Linge platform in the Norwegian North Sea includes options for three additional five-year periods, covering maintenance and upgrades of the control technology, software and instrumentation.…
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Pumps
bp has successfully loaded the first LNG cargo from Mozambique’s offshore Coral Sul FLNG facility - the country’s first LNG project and first floating LNG facility deployed in waters off the African continent.
Under its long-term contract, bp will purchase 100% of LNG output from Coral Sul FLNG which has the capacity to produce up to of 3.4 million tonnes of LNG per year.
bp continues to…
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Flowmeters
Magnetic flowmeters are running neck and neck with Coriolis meters as a revenue leader in the global flowmeter market, according to a new study from Flow Research, The World Market for Magnetic Flowmeters.
The new study found that the worldwide magmeter market totaled $1.6 billion (€1.6 billion) in 2019, slightly ahead of the Coriolis market. In 2020, the magmeter market dropped slightly below…
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Valves
IMI Saudi Industry has unveiled a new 5,000 m2 facility in Dammam to supply innovative valve solutions.
The new facility was officially opened on 8 November by IMI Critical Engineering’s Divisional managing director, Jackie Hu and Middle East, Africa and India’s regional president Tarak Chhaya.
Officials from IMI’s customer base in Saudi Arabia, spanning integrated oil and gas majors to…
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Pipelines
Wood, the global consulting and engineering company, has been awarded the front-end engineering design (FEED) scope for Gen2 Energy’s green hydrogen production facility, located in Mosjøen in northern Norway.
Gen2 Energy is a Norwegian company dedicated to developing, building, owning and operating an integrated value chain for green hydrogen.
The company targets having several large-scale…
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Other
8 Rivers Capital and JX Nippon Oil and Gas Exploration Corporation have signed a new memorandum of understanding (MoU).
This is to evaluate the US Gulf Coast for the commercial-scale deployment of 8 Rivers technologies across ammonia and other net-zero projects, including potential projects using CO2-rich natural gas.
This builds on the existing efforts by JX and 8 Rivers under the…
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Pumps
Chevron Corporation, through its Chevron New Energies business, and JERA are collaborating on multiple lower carbon opportunities.
These include production; carbon capture, utilisation, storage and new technology commercialization – focused on the US and Asia Pacific region.
The companies have signed a joint study agreement to explore the potential co-development of lower carbon fuel in…
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Pipelines
Centrica and Equinor have signed a co-operation agreement to explore developing a low-carbon hydrogen production hub at Easington in East Yorkshire.
This will help further strengthening the region’s growing status as the UK’s foremost hydrogen site.
Under the co-operation plan, the Centrica-operated area at Easington could transition to a low carbon hydrogen production hub over the coming…
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Pipelines
Egypt Green, which is owned, built, and operated by Fertiglobe, has marked an important milestone in the development of a green hydrogen ecosystem in Egypt and the broader African region.
The commissioning of the first phase of a green hydrogen plant in Ain Sokhna, Egypt, has begun and the facility is the first integrated green hydrogen plant in Africa and when fully developed will consist of…
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Pumps
WasteFuel, has embarked upon a partnership with Averda Holdings International, a leading end-to-end waste management company, to develop the first commercial scale municipal waste-to-renewable methanol plant in the Middle East.
Under the terms of the agreement, which was announced on the first day of the COP27 Climate Conference in Egypt, Averda will collect and provide the plant with waste…
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Pipelines
ExxonMobil have released a statement about the strike action taking place at the Fawley oil refinery in the UK.
In the statement, the oil and gas company said that the action involved trade union members who were employed by contracting companies onsite.
An ExxonMobil spokesperson said: “This action involves trade union members employed by contracting companies operating onsite. Operations at…
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Pipelines
Occidental and its subsidiary 1PointFive plan to begin detailed engineering and early site construction for their first large-scale direct air capture (DAC) plant in Ector County, Texas.
The first stage of construction, which includes site preparation and road work, is scheduled to begin in the third quarter of this year and start-up is expected in late 2024.
Upon completion, the first DAC…
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Pumps
The North West Hydrogen Alliance (NWHA) is calling on the Government to accelerate the use of hydrogen as an alternative heating source as the UK faces the challenge of reducing emissions from buildings and securing energy supplies over the winter.
Decarbonising domestic heat is one of the biggest challenges facing the UK as it looks to deliver on its net zero commitments. Heat is responsible…
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Pipelines
bp has announced it has agreed to acquire Archaea Energy - a leading producer of renewable natural gas (RNG) in the US.
The agreed acquisition, which is subject to regulatory and Archaea shareholder approval, will be for $3.3 billion (€3.4 billion) in cash, as well as around $800 million (€820 million) of net debt.
Bioenergy is one of five strategic transition growth engines that bp…
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Pumps
Subsidiaries of Shell in Switzerland, the UK, US and Sweden have entered into agreements to acquire the environmentally considerate lubricants (ECLs) business of the Panolin Group.
The transaction includes the PANOLIN brand, ECL product formulations, intellectual property, technical expertise and technology, international customer base and portfolio of products – for hydraulics, gears,…
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