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Aramco has made further progress in its global retail expansion by completing the acquisition of a 40% equity stake in Gas & Oil Pakistan (GO).
GO is a diversified downstream fuels, lubricants and retail store operator in Pakistan with a network of more than 1,200 retail fuel stations.
The acquisition, first announced in December 2023, represents Aramco’s first downstream retail investment…
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Pipelines
A new report released today by the North West Hydrogen Alliance (NWHA) predicts that the region could see an economic boost of £3.4 billion (€4 billion) and 11,500 jobs created by 2030 from the hydrogen sector.
The report looks to understand the economic impact of hydrogen activity in the north-west across the hydrogen value chain – including production, infrastructure and end use – with…
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Pipelines
Ceres Power Holdings, a leading developer of clean energy technology has been awarded a further contract for the second phase of its collaboration with Shell, to cooperate in the design of a solid oxide electrolyser module for use in large-scale industrial applications.
Ceres has been working with Shell since 2022, leading to the deployment of a 1MW SOEC system at Shell’s R&D facility in…
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Pipelines
Spain's Repsol has been granted a license from the US Treasury Department authorising the company to continue and expand its oil and gas business in Venezuela.
The energy company has several joint ventures with Venezuela's state oil company PDVSA to produce crude and gas in the country, Reuters reported. The two firms recently agreed to add two large onshore fields to one of the joint…
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Pipelines
TE H2, a joint-venture between TotalEnergies and EREN Groupe, together with VERBUND have signed a Memorandum of Understanding with the Republic of Tunisia to study the implementation of a large green hydrogen H2 Notos named for export to Central Europe through pipelines.
H2 Notos aims to produce green hydrogen using electrolysers powered by large onshore wind and solar projects and supplied with…
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Pipelines
IMI has unveiled what is believed to be one of the first high integrity pressure protection system (HIPPS) to protect against overpressure propagation during the hydrogen post-production process.
The new HIPPS is specifically engineered to isolate the source of dangerous high pressure, instead of relieving the excess flow in the case of an overpressure event.
This offers a critical layer of…
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Pipelines
DORIS, ROSEN and SPIECAPAG have formed the Pipeline Transition Alliance - a partnership dedicated to re-purposing natural gas infrastructure to hydrogen service.
Broad adoption of hydrogen as a new energy source depends on large-scale, cost-effective transmission, and owners of pipeline infrastructure will play a critical role in meeting this challenge by re-purposing existing assets to hydrogen…
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Pipelines
Easton Energy has entered into an agreement to sell its Gulf Coast Liquids Pipeline System to ONEOK for approximately $280 million (€257 million).
Easton will retain, and continue operating, its natural gas liquids (NGL) and olefins storage business located in Markham, Texas.
The system included in the transaction is comprised of approximately 450 miles of NGL and hydrocarbon pipelines…
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Pipelines
TotalEnergies has announced the successful first oil production on the Eldfisk North Project, located in the Greater Ekofisk Area in the North Sea.
The Eldfisk North Project is located in PL018, and the licensees are TotalEnergies EP Norge AS (39.896%), ConocoPhillips Skandinavia AS (35% - Operator), Vår Energi ASA (12.3%), Sval Energi AS (7.6%) and Petoro AS (5%).
In December 2022, the…
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Pipelines
India is set to dominate the number of trunk/transmission pipeline projects that are expected to start operations in Asia during 2024-2028 - contributing about 43% of the region’s total projects count by 2028.
GlobalData’s latest report, “New Build Trunk-Transmission Pipelines Projects by Development Stage, Regions, Countries, Project Type and Forecast to 2028,” revealed that out of 62…
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Pipelines
thyssenkrupp nucera is the preferred supplier of a 300-megawatt (MW) electrolyser for Cepsa’s green hydrogen plant in Spain.
Under an agreement announced at the World Hydrogen Summit in Rotterdam, the Spanish energy company Cepsa has awarded the specialist a contract to provide a basic engineering design package.
thyssenkrupp nucera, one of the world’s leading suppliers of high-efficiency…
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Pipelines
The ExxonMobil-led Liza Unity FPSO project in the prolific Stabroek block offshore Guyana has reached peak production at 252,000 bpd, Reuters reported.
The announcement was made at the 2024 Offshore Technology Conference, held in Houston, Texas.
Exxon anticipates first oil production from their newest vessel, One Guyana, next year.
The consortium, including ExxonMobil, Hess and China’s…
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Pipelines
Sharjah has discovered new gas reserves in the onshore Al Hadiba field.
The emirate has not revealed the volumes of gas discovered as it has yet to test the field located north of the Al Sajaa Industrial Area, according to the Sharjah Government Media Bureau.
“The new field was discovered after the Sharjah National Oil Corporation (SNOC) drilled a well over the past few months, and the well…
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Pipelines
Shell will divest its majority shareholding from a local South African downstream unit after a review of its businesses, Reuters reported.
"As a result of this review, Shell has decided to reshape the downstream portfolio and intends to divest our shareholding in SDSA," a Shell statement said.
Shell Downstream SA (SDSA) was formed a decade ago after Shell South Africa and Thebe Investment…
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Pipelines
bp has announced a potential start date for its Tiber offshore oil project in the US Gulf of Mexico.
According to Andy Krieger, BP's senior vice-president of its Gulf of Mexico and Canada operations, the oil and gas major is contemplating a decision to proceed with its Tiber offshore oil project in the area by next year.
It is aiming to increase its production to 400,000 boed by 2030, up from…
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Pipelines
Uniper-owned OKG has entered into an agreement with Hynion for the delivery of hydrogen from its hydrogen plant in Oskarshamn.
With another supplier, Hynion ensures the availability of hydrogen and prepares for increasing hydrogen-powered traffic in Sweden.
Hynion, which continuously strives to enhance the operational reliability of its hydrogen refuelling stations, is now taking an important…
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Pipelines
H-TEC SYSTEMS and Bilfinger have signed a Memorandum of Understanding (MoU) for a collaboration aimed at jointly developing green hydrogen projects in Europe.
The non-exclusive strategic partnership is centred on the development of large-scale electrolysis projects.
A core element of the collaborative initiative between H-TEC SYSTEMS and Bilfinger is to jointly develop green hydrogen project…
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Pipelines
Two hydrogen projects owned by CI Energy Transition Fund I, managed by Copenhagen Infrastructure Partners, were successful in securing grants from the European Commission.
Catalina was awarded €230 million while Madoqua was awarded €245 million.
The two projects are cornerstones in the future decarbonisation of European hard-to-abate energy sectors like shipping and heavy industries.…
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