Energy Transition
News
June 14, 2024
The new company will combine ACC’s amine-based Advanced Carbon Capture technologies, including Just Catch and Big Catch modular plant technologies for medium- and large-scale facilities, and Just Catch Offshore for offshore gas turbines, with SLB’s portfolio of technology solutions, including non-aqueous solvent and emerging sorbent-based offerings.
News
June 13, 2024
The project will consist of two natural gas liquefaction trains with a total LNG production capacity of 9.6 MMtpa. The plant will use electric-driven motors instead of conventional gas turbines and will be powered by clean energy.
News
June 13, 2024
Aramco and NextDecade Corporation announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake from Train 4 at the Rio Grande LNG Facility at the Port of Brownsville, Texas, USA.
News
June 12, 2024
ADNOC made the final investment decision to build the LNG plant in the industrial city of Ruwais, according to a statement. The project will add 9.6 million tons of annual gas export capacity and more than double ADNOC's production capability.
News
June 05, 2024
The U.S. LNG developer has reviewed various equity investment offerings from the energy companies related to its proposed Driftwood plant, said the people, who asked not to be named as they’re not authorized to speak to the media.
News
June 04, 2024
John Cockerill and its subsidiary John Cockerill Hydrogen announced the signing of binding commitments by SLB, a global energy technology company, SFPIM and Wallonie Entreprendre, two leading Belgian public investment institutions, and international industrial-oriented family offices to participate to a 230M€ capital increase of John Cockerill Hydrogen.
News
June 04, 2024
The FPSO is expected to process over 500 Mmcfgd. It will remove water, condensate and impurities from the gas before transferring it via pipeline to the Floating Liquified Natural Gas (FLNG) vessel at the Hub Terminal approximately 10 km offshore.
Article
May 2024
A feasibility study for the decarbonization of offshore drilling operations has been conducted. The key will be to utilize well-proven engines capable of operating on methanol and diesel with comparable performance characteristics.
News
May 30, 2024
The loan for the Scarborough project, which is scheduled to deliver its first LNG shipment in 2026, will come from the Japan Bank for International Cooperation. The public financial institution has stepped-up efforts to secure LNG, including granting loans for fuel purchases.
News
May 28, 2024
Shell had been spending heavily in offshore wind, aiming to leverage its experience extracting oil and gas at sea to become a leader in the technology. But soaring costs in the sector and a renewed focus on driving returns for shareholders under CEO Wael Sawan has led the company to back away from the energy source.
News
May 23, 2024
Energy Workforce & Technology Council President Tim Tarpley issued a statement in response to Energy Secretary Jennifer Granholm’s testimony before the U.S. House Committee on Oversight. During the hearing, Representatives discussed the ongoing LNG export permit pause, the push towards electric vehicles and energy appliance standards.
News
May 22, 2024
Seatrium Limited has successfully clinched a Favored Customer Contract (FCC) with Hyundai LNG Shipping, marking its first long-term strategic partnership agreement with a leading Korean Liquefied Natural Gas (LNG) company for the repairs and upgrades of its LNG carriers.
News
May 22, 2024
The London-based major now aims to reduce its net carbon intensity by 15% to 20% by 2030, compared with a previous target of 20%.
News
May 22, 2024
Abu Dhabi National Oil Co. (ADNOC) will purchase the stake in the Area 4 concession from Galp Energia SGPS SA, it said in a statement Wednesday. Galp will receive $650 million, and further contingent payments of as much as $500 million when two planned development phases go ahead, the Portugese company said in a separate statement.
Webcast
Carbon Circle’s Approach to Scaling Up Carbon Capture and Storage (CCS)
June 20, 2024
AspenTech
Join experts from Carbon Circle, an EPC specialist in carbon removal and energy transition solutions, to hear how they are improving the economics, execution and scale-up of their projects—including energy-from-waste (EfW) with integrated CCS. They’ll discuss the challenges of scaling carbon capture solutions and how they are overcoming them with the help of AspenTech solutions.
During this webinar, you will learn how Carbon Circle is:
• Designing cost-effective carbon capture facilities that prioritize energy reduction
• Reducing the costs associated with carbon capture via modularization and other strategies
• Understanding and improving carbon capture through rigorous modeling of advanced solvents and the total system
In addition, experts from AspenTech will highlight the advantage of the rate-based distillation method for carbon capture modeling. Register today!
News
May 20, 2024
ADNOC has acquired an 11.7% stake in Phase 1 of NextDecade Corporation’s Rio Grande LNG in Texas, United States. The project is expected to produce a less carbon-intensive LNG. Additionally, ADNOC and NextDecade have entered into a 20-year LNG offtake agreement from RGLNG Train 4.
News
May 15, 2024
Developed by Italy’s Eni, the project delivered its first LNG cargo this year and has laid the foundation for new investments in Congolese gas.
Article
March 2024
Ongoing monitoring advances will help operators achieve new levels of operational efficiency and risk management to meet business objectives while providing local communities, regulators and investors with safe, durable CO2 storage.
Article
April 2024
Reducing reliance on hydrocarbons for power is critical to achieving near- and long-term sustainability targets. Siemens Energy is collaborating with major offshore operators to implement decarbonization strategies for electrification, automation and digitalization. This article highlights successful implementation of technologies at several projects and discusses other promising concepts under development.
News
May 13, 2024
TechnipFMC will design, manufacture, and install the subsea production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG Project. The award follows an integrated front end engineering design (iFEED™) study.
News
May 12, 2024
The agreement aims to support the commercialization of a broad range of technological advancements and solutions, green retrofit products and services such as carbon capture, electrification and energy efficiency measures.
