Oil and Gas News

Pipelines

Aug 16, 2024
Pipelines
Shell Deutschland has taken a Final Investment Decision (FID) to progress REFHYNE II - a 100-megawatt renewable proton-exchange membrane (PEM) hydrogen electrolyser at the Shell Energy and Chemicals Park Rheinland in Germany. Using renewable electricity, REFHYNE II is expected to produce up to 44,000 kilograms per day of renewable hydrogen to partially decarbonise site operations. The…
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Aug 15, 2024
Pipelines
Wood has played a key role in securing more than €1 billion of funding for its clients in Europe, enabling three major clean energy projects to reach final investment decisions (FID). Wood is also acting as owner's engineer for the Catalina green hydrogen project, a first-of-its-kind project in Spain. The project was recently announced as a recipient of the European Hydrogen Bank’s first…
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Aug 2, 2024
Pipelines
bp has taken a final investment decision on the Kaskida project in the US Gulf of Mexico. This demonstrates bp’s long-term commitment to deliver secure, affordable and reliable energy. Kaskida will be bp’s sixth hub in the Gulf of Mexico, featuring a new floating production platform with the capacity to produce 80,000 barrels of crude oil per day from six wells in the first phase.…
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Jul 31, 2024
Pipelines
Technip Energies has been awarded an engineering and procurement contract by Chevron Phillips Chemical for the supply of a proprietary low-emission cracking furnace in an existing olefins unit at its facility in Sweeny, Texas. This low-emission design is cost-effective and will reduce fuel consumption and CO₂ emissions by approximately 30%. Technip Energies’ patented design of the Low…
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Jul 25, 2024
Pipelines
  Aramco has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG). The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen and nitrogen. Building on its efforts to develop a lower-carbon hydrogen business and expand its portfolio of alternative…
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Jul 19, 2024
Pipelines
Gevo has revealed that its renewable natural gas business recently achieved record production levels. “I am pleased that we achieved an annualized production rate of approximately 402,000 MMBtu in May, exceeding our previous record of approximately 401,000 MMBtu in March,” said Staci Bogue-Buchholz, vice-president and General Manager of Gevo’s RNG facilities. “These results show we have…
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Jul 18, 2024
Pipelines
Energy company Mabanaft has submitted the approval documents for the planned construction of an ammonia import terminal in Hamburg to the Hamburg Authority of Environment, Climate, Energy and Agriculture (BUKEA). The ammonia import terminal will be built on Mabanaft's existing tank terminal Blumensand in the Port of Hamburg and will be used in particular to expand the hydrogen supply. Subject…
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Jul 18, 2024
Pipelines
The global oil demand has been on the rise after the COVID-19 pandemic. Moreover, the Russia-Ukraine conflict caused major alterations in energy supply routes, which went in favour of the US shale drillers, including those in the Permian Basin. Spanning Texas and New Mexico, the Permian Basin remains the largest oil-producing shale play in the US. Strong global demand and geopolitical…
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Jul 15, 2024
Pipelines
Essar Energy Transition (EET) has launched EET Hydrogen Power - Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery. The aim is to complete construction in 2027. The investment will support EET Fuels’ ambition to become the lowest carbon process refinery, globally and EET Hydrogen’s ambition to become the leading low carbon hydrogen…
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Jul 12, 2024
Pipelines
New entrant Cleanova has won a contract to supply filtration systems for a multi-billion dollar blue hydrogen manufacturing facility in Louisiana, US. The clean energy project will come on stream in 2026. It will produce over 750 million standard cubic feet per day of blue hydrogen for pipeline customers on the US Gulf Coast and blue ammonia for global hydrogen markets. Around 95% of the…
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Jul 10, 2024
Pipelines
Wood has been awarded a contract by Centrica Energy Storage (CES) for the redevelopment of the UK’s Rough field in readiness for future hydrogen storage. The Rough reservoir, located in the Southern North Sea, has been used to store natural gas safely for over 30 years and has the potential to provide over half of the UK’s hydrogen storage requirements. The front-end engineering design…
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Jul 10, 2024
Pipelines
Shell Trinidad and Tobago, a subsidiary of Shell plc, has taken Final Investment Decision (FID) on the Manatee project - an undeveloped gas field in the East Coast Marine Area (ECMA) in Trinidad and Tobago. Manatee will allow Shell to competitively grow its integrated gas business by building on development efforts in the ECMA, one of the country’s most prolific gas-producing areas. The ECMA…
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Jul 9, 2024
Pipelines
Wood, a global leader in consulting and engineering, has secured a six-year contract to provide brownfield engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia. Ken Gilmartin, CEO at Wood said: “LNG is a key transition fuel as industry balances the need for global energy security with…
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Jul 8, 2024
Pipelines
ORLEN, through its subsidiary PGNiG Supply & Trading, has signed a contract with a Slovak company ZSE Group for the sale of gas, the volume of which will cover approximately 30% of ZSE’s demand during the year. The contract exemplifies increasing cooperation among CEE companies to diversify supply sources and enhance gas security within the region. Under the contract, ORLEN will provide the…
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Jul 5, 2024
Pipelines
Kent has secured $ 1.2 billion (€1.1 billion) in new contracts in the first half of 2024. This achievement underscores the company's strong market presence and its continued growth across multiple regions worldwide. In the UAE, Kent has been awarded multiple Front-End Engineering Design (FEED) and Project Management Consultancy (PMC) contracts. These projects contribute to the Nation’s…
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Jun 27, 2024
Pipelines
Shell Canada Products, a subsidiary of Shell plc, today announced the Final Investment Decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately 650,000 tonnes of CO₂ annually from the Shell-owned Scotford refinery and chemicals complex. In addition to the Polaris FID, Shell today…
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Jun 25, 2024
Pipelines
Saudi Arabia has a strategy to reach net-zero by 2060 and is relying on modern, highly efficient gas-fired power plants in combination with CO2 capture and storage, to significantly reduce its emissions. Siemens Energy is supplying key power plant technologies that will provide almost 4 gigawatts to the Kingdom, and in addition has also entered a long-term maintenance contract for 25 years for…
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Jun 24, 2024
Pipelines
ORLEN Group will become a license partner in one of the five largest discoveries made on the Norwegian Continental Shelf in the last 10 years. As a result of a sales and purchase agreement signed with Source Energy, PGNiG Upstream Norway will obtain 20% stake in the Atlantis field in the North Sea. By acquiring the equity in Atlantis ORLEN Group is looking to maintain long term stability and…
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