Energy Transition
News
February 18, 2025
Malaysia’s state-owned oil company Petronas (Petroliam Nasional Bhd) is in talks with banks for a potential $1 billion loan to fund a liquefied natural gas (LNG) project, according to people familiar with the matter.
News
February 18, 2025
Wood has been selected to provide operations and maintenance solutions for MTR Carbon Capture at the world’s largest membrane-based carbon capture plant in Gillette, Wyoming, the global consulting and engineering firm announced.
News
February 18, 2025
Mozambique stands out as a key player in natural gas production and plays a crucial role in Africa’s agenda to expand electricity access and clean cooking solutions, according to NJ Ayuk, Executive Chairman of the African Energy Chamber.
News
February 17, 2025
SBM Offshore has been awarded a study with Petrobras for the application of carbon capture modules on FPSOs. This compact modular solution allows a significant reduction of the overall emissions associated with oil and gas production from FPSOs.
News
February 13, 2025
EDF and TAQA Geothermal have signed a strategic Memorandum of Understanding (MoU) to collaborate on geothermal energy technologies including power generation and HVAC applications as well as Compressed Air Energy Storage in Saudi Arabia.
News
February 12, 2025
STRYDE has secured a major contract to supply 42,000 autonomous nodes to Smart Seismic Solutions (S3). The nodes will be deployed on a 3D high-density seismic survey for the CarbonCuts CO₂ Storage Project onshore in Denmark.
News
February 12, 2025
ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation for the export of up to 1.2 million tonnes per annum (mtpa) of liquefied natural gas (LNG) to India’s largest integrated and diversified energy company.
News
February 11, 2025
Hilong Offshore, a subsidiary of China-based Hilong Group, has secured a transportation and installation contract for phase two of Eni’s Congo LNG project. The deal is valued at approx. $55 million USD (400 million yuan).
News
February 10, 2025
Kosmos Energy has produced first LNG at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal. "We are looking forward to the accelerated ramp-up of LNG production and the first LNG cargo lifting," Kosmos said.
News
February 10, 2025
Global Underwater Hub (GUH), the trade and development body which represents the UK’s £9.2 billion underwater industry, has published a white paper explaining its strategies to improve subsea cable systems for offshore wind projects.
News
February 10, 2025
INEOS has selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. The significant order further strengthens Svanehøj’s position in carbon capture and storage (CCS).
News
February 07, 2025
(Bloomberg) – UK Energy Secretary Ed Miliband's pending decision on the Rosebank site highlights the conflicting goals of the government to drive economic growth while simultaneously reducing the emissions that contribute to global warming.
News
February 07, 2025
Equinor ASA reined in its renewable-energy ambitions, less than two months after snapping up a $2.3 billion stake in Danish wind giant Orsted A/S. Rivals including BP and Shell are also returning their focus to the core oil and gas business.
News
February 06, 2025
ADNOC Gas has announced record earnings for the full year (FY) 2024 of $5 billion, and its highest quarterly income of $1.38 billion since its IPO. The robust improvement was driven by several factors including a richer mix of gas, producing more liquids, and improved commercial terms in the domestic market.
Article
January 2025
News
February 04, 2025
Argent LNG has selected Baker Hughes as the liquefaction solution and related services provider for its proposed LNG export facility in Port Fourchon, La. The facility is set to deliver approximately 24 million tonnes per annum (MTPA) of liquefied natural gas.
News
February 04, 2025
(Bloomberg) – BP Plc is pushing back plans to make renewable fuels on the site of its former Kwinana oil refinery in Australia, amid a broader cost-cutting drive within the company. BP has previously said it was looking at producing green hydrogen at Kwinana in addition to renewable fuels.
News
February 04, 2025
(Bloomberg) – ADNOC will transfer stakes in some U.S. assets to its new international investment firm, XRG PJSC. ADNOC's holdings in a hydrogen venture with Exxon Mobil Corp. and NextDecade Corp.’s LNG export project will move to XRG, according to CEO Sultan Al Jaber.
News
January 31, 2025
Golar LNG has entered into a share purchase agreement for the sale of all its shares in Avenir LNG to Stolt-Nielsen Gas Ltd. for a total consideration of approximately USD $40 million. The transaction is expected to be completed during Q1 2025.
News
January 30, 2025
Aramco Americas has contracted GHGSat to monitor methane based on the success of an earlier pilot program. Abating methane emissions is an important lever for Aramco in its ambition toward net-zero across its wholly owned and operated assets by 2050.
News
January 30, 2025
Baker Hughes has been awarded an order by Tecnicas Reunidas for six gas compression trains and six propane compressors for the third expansion phase of Aramco’s Jafurah gas field, located in Saudi Arabia.
