Aug 22, 2024
bp expands offering in European gas, power and integrated energy solutions with acquisition
Oil and Gas News
Aug 20, 2024
Pipelines
PETRONAS has achieved outstanding successes in its exploration and appraisal activities in both Peninsular Malaysia and internationally during the first half of 2024.
The oil and gas major has achieved success offshore Suriname with the Sloanea-2 appraisal well in Block 52, which was drilled in June.
This accomplishment has bolstered PETRONAS’ prospects in the basin... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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’... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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.... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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... [Read More]
Oil and Gas News
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,... [Read More]
Oil and Gas News
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... [Read More]