Oil and Gas News

Nov 15, 2022
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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Nov 14, 2022
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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Nov 11, 2022
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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Nov 10, 2022
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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Nov 9, 2022
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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Nov 9, 2022
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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Nov 8, 2022
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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Nov 8, 2022
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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Nov 8, 2022
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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Nov 7, 2022
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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Nov 4, 2022
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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Nov 4, 2022
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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Nov 3, 2022
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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Nov 2, 2022
Pipelines
Huge natural gas trading has resulted in bp recording quarterly profits of £7.1 billion (€8.2 billion). The ongoing war in Ukraine saw the oil and gas major register huge third quarter profits compared to €3.3 billion in the same period a year earlier. The company credited an "exceptional gas marketing and trading result" on the back of higher prices caused by the fallout from Russia's…
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Nov 2, 2022
Pipelines
Germany has received the first direct gas deliveries from France through a pipeline link under an agreement to help ease the current energy supply problems. France, which is less exposed to Russian imports than its eastern neighbour as most of its needs are filled from Norway and through LNG deliveries, will at first deliver 31 gigawatt hours (GWh) per day, using a pipeline in the Moselle…
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Nov 1, 2022
Pipelines
Centrica has reopened the Rough gas storage facility having completed significant engineering upgrades over the summer and commissioning over early autumn. The initial investment programme means the company has made its first injection of gas into the site in over five years and is in a position to store up to 30 billion cubic feet (bcf) of gas for UK homes and businesses over winter 2022/23,…
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Oct 21, 2022
Pumps
Northeast Energy Centre (NEC) and Chart Energy and Chemicals have selected Siemens Energy to supply a gas/electric hybrid drive system for NEC’s LNG plant being built in Charlton, Massachusetts. The NEC project will be the first LNG facility in the world to feature a system of this type, which offers a significant advance in efficiency no matter the weather or temperature. Siemens Energy will…
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Oct 20, 2022
Pipelines
The American Petroleum Institute (API) released new analysis of the benefits of low-carbon hydrogen produced from natural gas. The study, commissioned by API and conducted by ICF, found that hydrogen produced from natural gas with carbon capture and produced from electricity and other energy sources could eliminate an additional 180 million metric tons of greenhouse gas (GHG) emissions on…
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