May 17, 2022
Investment boost for new heat network schemes
Oil and Gas News
May 17, 2022
Pumps
Celeros Flow Technology (CFT) has injected new life into a heritage pump for a Canadian heavy oil recovery customer, enabling them to increase production.
The pump – a Mather & Platt BB5 – was more than 40 years old and had been subject to numerous post-installation alterations.
Heavy oil deposits are extremely viscous and require the injection of high pressure,... [Read More]
Oil and Gas News
May 16, 2022
Pipelines
Saudi Aramco has registered its highest profits since its 2019 listing as oil and gas prices rise around the world.
The state-owned energy giant saw an 82% jump in profits, with net income topping $39.5 billion (€37.2 billion) in the first quarter.
The invasion of Ukraine has seen oil and gas prices skyrocket. Russia is one of the world's biggest exporters but Western... [Read More]
Oil and Gas News
May 16, 2022
Pipelines
Pressure on Europe to secure alternative gas supplies has increased as Moscow imposed sanctions on European subsidiaries of state-owned Gazprom a day after Ukraine stopped a major gas transit route.
Gas prices surged, with the key European benchmark gaining 12% as buyers were unsettled by the mounting threats to Europe's supply given its high dependence on Russia, Reuters... [Read More]
Oil and Gas News
May 16, 2022
Valves
Howden has revealed that it supplied eight diaphragm compressors for hydrogen refueling stations at the recently concluded 2022 Beijing Winter Olympic Games.
As one aim of the 2022 Winter Olympics was to produce an event that was both low carbon and with zero emissions, the compression technology from Howden brought hydrogen energy to four refueling stations.
Filling... [Read More]
Oil and Gas News
May 13, 2022
Pipelines
The port of Rotterdam and the cluster of companies operating here can supply north western Europe with 4.6 million tonnes of hydrogen annually by 2030, it has been revealed.
The consumption of 4.6 million tonnes of hydrogen yields 46 million tonnes of CO2 reduction, and it increases Europe’s energy independence.
This hydrogen amount is the total the Port of Rotterdam... [Read More]
Oil and Gas News
May 13, 2022
Other
The European Commission has unveiled a €195 billion proposal to halt the imports of Russian fossil fuels by 2027, Reuters has reported.
The news agency said that the draft measures will combine a faster rollout of renewable energy and energy savings.
“The draft measures, which could change before they are due to be published next week, include a mix of EU laws,... [Read More]
Oil and Gas News
May 12, 2022
Pipelines
Building a UK-wide delivery network for hydrogen has taken a step closer to reality with the SGN trial at Grangemouth in partnership with INEOS.
The trial which is funded by the Energy Regulator and gas distribution companies, will use hydrogen supplied by INEOS in a 29km section of decommissioned pipeline between the Grangemouth site and Granton.
SGN Director of... [Read More]
Oil and Gas News
May 12, 2022
Pipelines
Protos Biofuels, a project developed by Advanced Biofuel Solutions and Greenergy, announced its first municipal waste to advanced biofuels project has progressed into the front-end engineering design (FEED) phase.
Petrofac has been appointed to deliver the FEED, with Sumitomo SHI FW to supply the gasifier that converts the household waste into synthesis gas (syngas);... [Read More]
Oil and Gas News
May 10, 2022
Pipelines
Ellesmere Port in the north west could be home to the UK’s first ‘hydrogen village’.
Up to 2,000 properties in the Whitby area of the town will stop using natural gas for heating and cooking, and instead use hydrogen.
The proposal, put forward by gas distribution network Cadent and British Gas, and supported by Cheshire West and Chester Council, has been confirmed... [Read More]
Oil and Gas News
May 10, 2022
Pumps
The European Commission, Hydrogen Europe and 20 European companies including Topsoe have signed a declaration on increasing electrolyser manufacturing capacity in the EU.
The declaration backs EU´s new target to double the previous EU target to 10 million tons of annual domestic production of renewable hydrogen plus an additional 10 million tons of annual hydrogen imports.
Roeland... [Read More]
Oil and Gas News
May 5, 2022
Other
Oil and gas major Shell has reported its highest ever quarterly profits as prices surged globally.
Shell made $9.13 billion (€8.6 billion) in the first three months of 2022, nearly triple its $3.2 billion (€3 billion) profit it announced for the same period last year.
However, the company also revealed that said exiting from the Russian oil and gas market due to... [Read More]
Other News
May 5, 2022
Renewable Energy Group has announced the acquisition of Dawson Oil Company.
This is a bulk fuel distributor and cardlock owner, located in Northern California and will bring about 24 million gallons of fuel sales per year to the REG portfolio.
“This acquisition is a strategic growth opportunity for us as California continues to lead the way in the adoption and transition... [Read More]
Oil and Gas News
May 3, 2022
Pumps
Danish marine pumps specialist Svanehøj has been awarded a contract to supply pump systems for two CO2 carriers that will transport liquid CO2 to the Northern Lights storage facilities in Norway.
Northern Lights is developing infrastructure to transport CO2 from industrial emitters in Norway and other European countries by ship to a receiving terminal in western Norway... [Read More]
Oil and Gas News
Apr 29, 2022
Valves
An aviation fuel station at a major Indian airport has been enhanced with the installation of intelligent electric actuators from Rotork.
The airport wanted to upgrade to the latest in intelligent actuation technology, benefitting from the ability to gather data to plan for maintenance activities in advance, as well as a high degree of accuracy and reliability.
The... [Read More]
Oil and Gas News
Apr 29, 2022
Pipelines
The American Petroleum Institute (API) has released two revised liquid pipeline leak detection standards to improve operational integrity and advance operators’ mitigation capabilities.
Published together because they address similar issues, Recommend Practice (RP) 1130, Computational Pipeline Monitoring for Liquids, and RP 1175, Pipeline Leak Detection—Program Management,... [Read More]
Oil and Gas News
Apr 28, 2022
Pipelines
Shell Brasil Petróleo has signed a Production Sharing Contract (PSC) to formally acquire a 25 percent stake of the Atapu field.
Shell paid $ 1.1 billion (€1.05 billion) to Petrobras for the increased stake in the field. With the contract now signed, Shell will start receiving its additional share of oil from the field.
“This transaction is the latest proof point... [Read More]
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