May 10, 2024
Shell to exit downstream oil and gas business in SA
Oil and Gas News
May 10, 2024
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... [Read More]
Oil and Gas News
May 9, 2024
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,... [Read More]
Oil and Gas News
May 9, 2024
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... [Read More]
Oil and Gas News
May 7, 2024
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... [Read More]
Oil and Gas News
May 3, 2024
Pipelines
Wood has been awarded a new decarbonisation contract by TotalEnergies to support flare gas recovery in the North Sea.
The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood’s successful completion of a field study and front-end engineering design (FEED) and includes the coordination of operations, procurement and design aspects... [Read More]
Oil and Gas News
May 3, 2024
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... [Read More]
Oil and Gas News
May 2, 2024
Pipelines
Lhyfe has announced the signing of a memorandum of understanding for the creation of a green hydrogen production unit near Ugitech’s Ugine site (Savoie, France) to decarbonise part of the steelmaker’s industrial operations and help decarbonise local mobility.
This site, which is to be located in the heart of the French Alps where the 2030 Winter Olympics will be... [Read More]
Oil and Gas News
Apr 26, 2024
Pipelines
Shell UK has taken a final investment decision (FiD) on the Victory gas field in the UK North Sea - 47 km north-west of the Shetland Islands.
Once onstream, the field will help to maintain domestically produced gas for Britain’s homes, businesses and power generation.
The development will feature a single subsea well which will be tied back to existing infrastructure... [Read More]
Oil and Gas News
Apr 23, 2024
Pipelines
A new LPG terminal is now operational in Teesside that will improve the security of the nation’s off-grid energy supply – providing up to 90,000 tonnes of LPG each year to homes and businesses across Northern England, Scotland and Northern Wales.
Commissioned by leading LPG supplier Flogas Britain, alongside partners North Sea Midstream Partners (NSMP) and Exolum... [Read More]
Oil and Gas News
Apr 17, 2024
Pipelines
Aramco has awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion (€7.2 billion) for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia.
The project is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd).
This additional 1.5 bscfd of processing... [Read More]
Oil and Gas News
Apr 16, 2024
Pipelines
MOL Group has handed over a 10 megawatt capacity green hydrogen plant in Százhalombatta which is the largest in central and eastern Europe.
The €22 million investment makes fuel production more sustainable - the plant will reduce the Danube Refinery's carbon dioxide emissions by 25 000 tonnes.
The green hydrogen plant, with a 10 megawatt electrolysis unit, was created... [Read More]
Oil and Gas News
Apr 12, 2024
Pipelines
Kent, a global integrated energy services provider has been awarded a comprehensive three-year framework contract with Repsol Norge for various operations in the Norwegian sector of the North Sea.
This contract encompasses a wide range of critical services including studies, specialist engineering support, EPCI (Engineering, Procurement, Construction, and Installation)... [Read More]
Oil and Gas News
Apr 11, 2024
Pipelines
TotalEnergies has agreed to acquire the 20% interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources (80%) in the Eagle Ford shale gas play.
This increases its natural gas production capacity in Texas and further strengthens its business integration in the US LNG value chain.
Located in Texas, the Dorado field will allow TotalEnergies to increase... [Read More]
Oil and Gas News
Apr 10, 2024
Pipelines
Aramco has signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan (GO).
GO is one of the largest retail and storage companies in Pakistan. The transaction is subject to certain customary conditions, including regulatory approvals.
The planned acquisition is Aramco’s first entry into the Pakistani fuels market, advancing the company’s strategy... [Read More]
Oil and Gas News
Apr 5, 2024
Pipelines
Wood has been selected as owner’s engineer on a major green hydrogen production project in Teruel, Spain.
The first-of-a-kind Catalina Project, developed by a consortium led by Copenhagen Infrastructure Partners through its Copenhagen Infrastructure Energy Transition Fund, will combine 1.5 GW of wind and solar energy to power a 500-MW electrolyser producing green hydrogen.
Wood... [Read More]
Oil and Gas News
Apr 2, 2024
Pipelines
The Japan Bank for International Cooperation has signed a loan agreement amounting to up to $390 million (€363 million) with Trafigura.
The loan is co-financed with Sumitomo Mitsui Banking Corporation, bringing the total co-financing amount approximately to $560 million (€521 million).
Trafigura is a major supplier of resources including liquefied natural gas (LNG)... [Read More]
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