Nov 12, 2021
Neles’ acquisition of valve and pump business completed
Oil and Gas News
Nov 10, 2021
Pumps
A global provider of high-pressure pumps, parts and services, has opened a new international sales facility in Dubai, United Arab Emirates (UAE) to increase customer service and support capabilities across the Eastern Hemisphere.
GD Energy Products’ (GDEP) new sales facility is located in Dubai’s Jebel Ali Free Zone and has adjacent distribution facilities for the... [Read More]
Oil and Gas News
Nov 10, 2021
Pipelines
Phillips 66 has announced it intends to reduce greenhouse gas emissions intensity from its operations and energy products by 2030.
The company plans to reduce Scope 1 and Scope 2 emissions intensity from operations by 30% and Scope 3 emissions intensity of its energy products by 15%, below 2019 levels.
“We believe our targets will drive innovation and create shareholder... [Read More]
Oil and Gas News
Nov 9, 2021
Pipelines
Honeywell and ZoneFlow Reactor Technologies have announced a joint agreement to commercialise ZoneFlow Reactor Technology.
This technology promises to provide a step-change improvement in the efficiency and carbon intensity of steam methane reforming for the production of hydrogen.
When coupled with Honeywell H2 Solutions’ carbon capture for hydrogen production, the... [Read More]
Oil and Gas News
Nov 8, 2021
Pipelines
US President Joe Biden’s landmark investment in hydrogen infrastructure bill has been approved.
While only half the size of what was initially intended, the new $8 billion (€6.9 billion) funding for the Office of Clean Energy Demonstrations will form a key part of the nation’s decarbonisation efforts.
Rami Reshef, CEO at GenCell, said this was a positive step forward... [Read More]
Oil and Gas News
Nov 8, 2021
Pipelines
The British government has approached Qatar to seek a long-term gas deal to shore up supplies as a natural gas shortage in Europe has led to soaring wholesale prices.
British ministers and their counterparts from the world's largest producer of liquefied natural gas (LNG) have held talks over a long-term arrangement where Qatar would become a "supplier of last resort”,... [Read More]
Oil and Gas News
Nov 5, 2021
Other
The UK could miss out on millions in investments and tens of thousands of jobs in the next 10 years unless the Government raises its hydrogen production targets, according to an industry report.
More than three-quarters of respondents to Hydrogen Strategy Now’s State of the Hydrogen Nation survey said the 5GW hydrogen production target set out in the PM’s Ten Point... [Read More]
Oil and Gas News
Nov 4, 2021
Pumps
Technology group Wärtsilä will supply a 25 MW/27 MWh advanced energy storage system for Bahamas Power and Light Company (BPL).
In combination with a 132 MW power plant operating on seven Wärtsilä 50DF dual-fuel engines supplied to BPL in 2019, the integrated Wärtsilä solution will provide the Bahamas with an optimised energy system that meets its spinning reserve... [Read More]
Oil and Gas News
Nov 4, 2021
Pumps
Global oil demand has bounced back above the key level of 100 million barrels a day last seen before the COVID-19 pandemic, according to BP.
As world leaders discuss the fight against climate change at COP26, fossil fuel consumption is recovering despite growing urgency in the effort to curb emissions of greenhouse gases.
The resurgence is pushing prices to multiyear... [Read More]
Oil and Gas News
Nov 3, 2021
Pipelines
The Saudi Arabian oil company Aramco has announced its ambition to achieve net-zero greenhouse gas emissions from oil and gas assets it operates in the next 30 years.
This ambition is an important part of the company’s focus on long-term shareholder value creation by advancing its goals through a company-wide approach in sustainability.
The company plans to disclose... [Read More]
Oil and Gas News
Nov 3, 2021
Pipelines
Equinor has announced that Pre-FEED (Front End Engineering and Design) study contracts have been awarded to develop a 600 megawatt H2H Saltend low carbon hydrogen production plant.
This will be one of the world’s first at-scale facilities to produce hydrogen from natural gas in combination with carbon capture and storage.
The study will also be used to support the... [Read More]
Oil and Gas News
Nov 2, 2021
Other
The American Gas Association (AGA), American Petroleum institute (API), Independent Petroleum Association of America (IPAA), and Interstate Natural Gas Association of America (INGAA) have urged Congress to withdraw a new tax on natural gas.
The new tax has been branded as a ‘methane fee’ from the proposed budget reconciliation bill.
“Make no mistake, our industry... [Read More]
Oil and Gas News
Oct 29, 2021
Pipelines
Allowing Nord Stream 2 to pump Russian gas to Germany will not threaten supplies to the EU, the German Economy Ministry said on 26 October.
While the pipeline is ready to start operations, it still needs to be certified by Germany’s Federal Network Agency, Reuters reported. The ministry’s supply analysis is an important requirement for the regulator to continue... [Read More]
Oil and Gas News
Oct 27, 2021
Flowmeters
Endress+Hauser has launched anew ultrasonic gas flowmeter with integrated pressure and temperature sensors for highly accurate, real-time measured values.
The Prosonic Flow G 300/500 is a suitable flowmeter for demanding applications in gas measurement, including wet gas.
With optional integrated pressure and temperature sensors for optimum process control, the ultrasonic... [Read More]
Oil and Gas News
Oct 26, 2021
Other
Mammoet has been installing 100 components for a Linde plant’s gasification facility upgrade at Jurong Island, Singapore.
The items to be installed included pipe racks, rotating equipment (turbines, generators), e-containers, columns and reactors.
Overall, Mammoet employed a range of equipment to support this facility upgrade, including a CC8800-1 Boom Booster,... [Read More]
Oil and Gas News
Oct 22, 2021
Pumps
INOVYN has announced investment plans to upgrade existing production at Runcorn so that it can supply compressed fuel-cell quality hydrogen to mobility and power generation sectors.
This is part of more than €2bn investment in Green Hydrogen announced by the subsidiary of INEOS.
INOVYN, which has been producing and using low-carbon hydrogen at its Runcorn site for... [Read More]
Oil and Gas News
Oct 22, 2021
Pipelines
Israel is considering building a new onshore pipeline to Egypt to boost natural gas exports to its neighbour in the wake of the recent tightening of global supplies.
The pipeline, which will connect the Israeli and Egyptian natural gas grids through the north of the Sinai peninsula, is estimated to cost around $200 million (€171 million) and could be operational within... [Read More]
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