Oil and Gas News
Pumps
Britain's National Grid revealed it will sell a 60% stake in its British gas transmission and metering business to Australia's Macquarie Asset Management and British Columbia Investment Management Corporation.
Macquarie said its investment will ensure the transmission system will play a leading role in delivering the UK's net-zero by 2050 target by supporting hydrogen's role in the energy mix,…
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Pipelines
Wood has unveiled its new steam methane reforming (SMR) technology, which can achieve 95% CO2 emissions reduction compared to a traditional hydrogen production plant.
The technology aims to counter inefficiencies in energy, heat production and industrial processes, which together account for more than half of all global greenhouse gas emissions.
Wood believes the pathway to reduce these…
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Pipelines
Renewable fuels firm Aemetis announced the acquisition of an 8.5-acre property for $2 million (€1.8 million) located near its renewable ethanol plant.
The corner property is a strategic location for operations supporting the company’s Carbon Zero projects, including diary renewable natural gas (RNG) and carbon capture and sequestration (CCS).
Sited adjacent to the existing Aemetis biogas…
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Pumps
UK-based green hydrogen tech firm CPH2 has entered into a purchase order with AFCryo for its membrane-free electrolyser (MFE).
The order is for the New Zealand-based manufacturer of composite cryostats and cryogenic cooling systems.
The sale of the 1MW MFE220 electrolyser unit will see it delivered in early 2023. This is the second 1MW electrolyser unit that AFCryo has purchased within 18…
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Valves
ITT Inc. has announced it has acquired privately-held Habonim for $140 million (€127 million) in an all-cash transaction.
Habonim will become part of ITT’s Industrial Process (IP) segment. The acquisition closed in the second quarter of this year and is expected to be accretive to ITT’s consolidated EBITDA margin.
Based in Kfar HaNassi, Israel, Habonim is a leading designer and…
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Pumps
A materials upgrade performed by Celeros Flow Technology (Celeros FT) has prevented repeated pump failures at an oil refinery in the US - delivering a return on investment (ROI) of less than one year.
The Celeros FT team was called in to investigate the cause of repeated failures of the casings and casing covers on the refinery’s OH2 pumps in boiler feed water service.
The client asked…
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Pumps
Neste and the Climate, Infrastructure and Environment Executive Agency (CINEA) have signed an agreement for the clean hydrogen project (SHARC) in Finland.
Neste has closed the grant agreement process with CINEA and the European Commission, following the earlier announced EU Innovation Fund grant decision of €88 million to Neste’s clean hydrogen project at its Porvoo refinery.
The SHARC…
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Pipelines
A new 240 MW thermal power plant has been commissioned while a new 220 MW piston gas power plant is under construction in Uzbekistan.
The power plant has been built by the Turkish company Cengiz Enerji and is in the Kibray district of the Tashkent region.
The construction of a separate gas piston power plant, also by Cengiz Enerji, with 220 MW capacity is located in the Khavas district of the…
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Pumps
American Petroleum Institute (API) president and CEO Mike Sommers has responded to the announcement by President Biden about increasing US liquified natural gas (LNG) exports to Europe.
President Biden and the European Commission President Ursula von der Leyen want to establish a joint task force to help increase exports to Europe and reduce their dependency on Russian natural gas.
“We…
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Pipelines
Shell has announced the start of production at PowerNap with an estimated peak production of 20,000 barrels of oil equivalent per day (boe/d).
PowerNap, a subsea development in the US Gulf of Mexico, is a tie-back to the Shell-operated Olympus production hub in the prolific Mars Corridor.
“Shell has been producing in the Mars Corridor for more than 25 years, and we continue to find ways to…
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Pumps
TotalEnergies has unveiled a 3D industrial pilot to demonstrate an innovative process for capturing CO2 at ArcelorMittal’s Dunkirk site. With support from the European Union’s Horizon 2020 Research and Innovation programme, the project aims to validate replicable technical solutions for carbon capture.
The project, driven by a consortium including TotalEnergies, ArcelorMittal, Axens and IFP…
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Pipelines
Oil and gas giant Shell is reconsidering its recent decision to pull investment from a large new UK oil field.
In December, Shell said the economic case - along with possible regulatory delays - meant it was withdrawing from the Cambo oil field, which is located 75 miles off the west coast of Shetland, the BBC reported.
At the time the price of crude oil was under $70 (€64) a barrel.
It has…
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Pipelines
Centrica in the UK is set to support National Grid to establish methods for injecting green hydrogen into the National Transmission System (NTS).
To meet the net zero targets set by the UK government, the UK gas networks need to decarbonise. National Grid, alongside CNG Services, Element Energy and Centrica, have been granted £114,652 (€137,922) for a discovery phase project as part of…
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Other
ABB has been awarded two major contracts by Plug Power Inc to provide the electrical systems for two new hydrogen plants in North America.
This is set to collectively produce 60 tons of green hydrogen per day. Green hydrogen is produced with renewable energy sources and emits zero carbon when used as fuel.
The first plant, Project Gateway, in Genesee County, New York, will be North America’s…
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Pipelines
Saudi Aramco is aiming to increase the amount it invests in energy production after it reported a doubling of profits in 2021.
The firm aims to boost output significantly over the next five years.
Energy prices have soared in recent months as demand has outstripped supplies of oil and gas.
The war in Ukraine and a reluctance to rely on Russia for energy has added to the pressure to find…
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Pumps
Marine pump specialist Svanehøj is experiencing a significant increase in orders for deepwell fuel pumps.
A large new order from Jiangsu New Yangzi Shipbuilding highlighted the significant LNG pump potential in the ocean-going vessel segments.
Orders for dual-fuel LNG vessels broke records in 2021 with a total of 240 ships globally.
The Danish marine pump specialist quadrupled sales of…
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Pipelines
US refiners Valero Energy Corp, Marathon Petroleum Corp and Shell are rushing to secure Ecuadorian barrels after America banned imports of Russian crude.
Ecuador’s state oil company EP Petroecuador held meetings with several refiners and trading houses, according to Petroecuador’s oil trading manager, Pablo Noboa, Bloomberg reported.
Fuelmakers and trading companies are seeking to plug a…
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Pipelines
Vietnam is seeking to build its third oil refinery to meet domestic consumption demand as the country is facing a supply shortage and soaring energy prices.
The plant, which is set to be located in the southern province of Vung Tau, has a design capacity of 10 MMm3 (3.5 MMtpy).
Vietnam's state oil firm PetroVietnam is drafting investment procedures, which it aims to complete by October,…
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Andy Burnham, the former editor of @BulkDistributor magazine which forms part of the @FluidHandIntl stable of publications, has been formally sworn in as the new Prime Minister of the United Kingdom.
https://fluidhandlingmag.com/news/ex-editor-andy-burnham-sworn-in-as-new-uk-prime-minister-after-starmer-steps-down/
#fluidhandling #PM #AndyBurnham
#Kent has announced its continued support of #OXEA Corporation through a long-term Engineering Services Agreement and the award of detailed engineering services for a major specialty chemicals project at OXEA’s Bay City facility.
https://fluidhandlingmag.com/news/kent-awarded-epcm-services-for-major-oxea-specialty-chemicals-project/
#fluidhandling #pumps
@Hydrolevel_Company, a leading manufacturer of temperature and liquid level controls, has highlighted its Steam Pro Kit, a low water cut-off kit designed specifically for steam boiler gauge glass attachments.
https://fluidhandlingmag.com/news/hydrolevel-highlights-steam-pro-kit-for-upgrading-mechanical-low-water-cut-offs/
#fluidhandling #technology #water #systems