VTTI announced its acquisition of 50 percent of Dragon LNG in the United Kingdom, marking a significant expansion in LNG regasification infrastructure. Dragon LNG and Dragon Energy regasification terminal stand as one of the three LNG terminals in the UK, with a gas send-out capacity to the UK national transmission system of up to 9 billion cubic metres, supplying approximately 10 percent of the UK’s annual gas demand.

“As part of VTTI’s Strategy 2028, we are committed to expanding and enhancing LNG regasification infrastructure globally. Our aim is that half of our portfolio is in transitional and sustainable energy sources by 2028. Following the recent agreement in Italy to acquire a 70 percent equity stake in Adriatic LNG and the ongoing development of a new LNG import facility in Vlissingen in the Netherlands, this acquisition reflects our commitment to diversify into LNG as a transitional energy source. We are looking forward to partner with Shell to ensure that Dragon LNG continues to operate in a safe and reliable manner while accelerating its decarbonisation and growth path,” said Guy Moeyens, CEO of VTTI.

The terminal encompasses LNG receiving, storage, reliquefaction, regasification, and send-out facilities. VTTI’s agreement entails acquiring Ancala’s 50 percent shareholding, while the remaining shareholding remains held by Shell.

For more information visit www.vtti.com

CB&I, an unrestricted subsidiary of McDermott, has secured a noteworthy contract from Marsa Liquefied Natural Gas LLC, a collaboration between TotalEnergies and OQ, for the engineering, procurement, and construction of a full containment concrete liquefied natural gas storage tank situated in Oman’s Port of Sohar.

The project entails CB&I providing turnkey EPC services for a 165,000m3 full containment concrete LNG storage tank and associated piping to grade. Project execution will take place in Oman, where CB&I has maintained a continuous presence since 1968, with support from its Dubai office.

Cesar Canals, president & CEO of CB&I, expressed the significance of this project in contributing to the construction of one of the lowest greenhouse gas emissions intensity LNG plants ever developed, aligning with the energy transition objectives in Oman. Canals highlighted CB&I’s commitment to constructing storage facilities for projects that facilitate the provision of reliable energy to markets while minimising environmental impact. He also noted that this project sets the stage for similar storage opportunities in the future, underscoring CB&I’s track record of execution excellence in the Middle East, particularly in Oman.

Construction activities for the project are slated to commence in the fourth quarter of 2024, with a targeted completion date in 2028.

For CB&I, a significant contract is defined as falling within the range of USD $100 million to $250 million.

For more information visit www.mcdermott-investors.com

Trafigura Group Pte Ltd. and Greenergy today announced that Trafigura has expanded its agreement with Brookfield Asset Management and its listed affiliate Brookfield Business Partners to include Greenergy’s Canadian supply operations for an undisclosed sum. This complements Trafigura’s proposed acquisition of Greenergy’s European operations, announced on March 4, 2024. The acquisitions are subject to customary closing conditions and regulatory approvals.

Founded in 1992 to supply diesel with lower emissions, Greenergy is today one of Europe’s largest suppliers of biofuels, with manufacturing plants in the UK and the Netherlands and a leading distributor of road fuels in the UK. Greenergy entered the Canadian market in 2013 and supplies commercial and wholesale customers with a range of road fuels, including higher-percentage biodiesel blends, from its rail-fed terminals in Ontario and British Columbia.

Ben Luckock, global head of oil at Trafigura, said: “Greenergy’s Canadian business has strong commercial synergies with our global distillates, gasoline, and biofuels businesses and our well-established commercial relationships across North America.”

Christian Flach, Greenergy CEO, said: “Following the earlier announcement of Trafigura’s proposed acquisition of Greenergy’s European operations, we are delighted to now include our Canadian supply operations as part of the transaction. Trafigura’s financial strength will provide us with a robust platform for growth across Canada, helping us to expand our infrastructure facilities in strategic locations and bring road fuels closer to our customers.”

For more information visit www.trafigura.com

ADNOC announced today the signing of a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG, one of the largest energy companies in Germany, for the delivery of 0.6 million metric tonnes per annum of liquefied natural gas.

The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu Dhabi. The Ruwais LNG plant is set to be the first LNG export facility in the Middle East and Africa region to run on clean power and will leverage the latest technologies and artificial intelligence tools to minimise emissions and drive efficiency.

This agreement marks the third long-term LNG supply agreement from the project. The deliveries are expected to start in 2028, upon commencement of commercial operations.

Fatema Al Nuaimi, ADNOC executive vice president, Downstream Business Management, said: “The Ruwais LNG project continues to gain momentum, reinforcing ADNOC’s position as a reliable global natural gas provider. This new agreement builds on the UAE-Germany Energy Security and Industry Accelerator and will support Germany as it strives to diversify its energy sources and enhance its energy security.”

The UAE-Germany Energy Security and Industry Accelerator, signed in 2022, aims to advance cooperation in energy security, decarbonisation, and lower-carbon fuels.

Peter Heydecker, EnBW’s board member for sustainable generation Infrastructure, said: “We are delighted that EnBW has signed its first LNG contract in the Middle East with our experienced partner ADNOC. In doing so, we are taking the next step in terms of diversifying our procurement portfolio and establishing our own LNG value chain. We can also use the experience gained here for our medium-term goal of establishing an import structure for green gases, since the two business fields are very similar.”

The LNG agreement is contingent upon a final investment decision on the project, including regulatory approvals, and the negotiation of a definitive sale and purchase agreement between the two companies. When completed, the project, which consists of two 4.8 mmtpa LNG liquefaction trains with a total capacity of 9.6 mmtpa, will more than double ADNOC’s LNG production capacity to around 15mmtpa.

For more information visit www.adnoc.ae

Odfjell SE has announced its first-quarter 2024 results, showcasing a record-breaking quarter buoyed by robust markets. The rerouting of vessels away from the Red Sea has further elevated freight rates, contributing to the company’s success.

Here are the highlights from the first quarter of 2024:

The company achieved a record net result of USD 68 million. The net result, adjusted for one-off items, amounted to USD 69 million, compared to USD 50 million in the fourth quarter of 2023.
Time charter earnings in Odfjell Tankers reached USD 195 million, up from USD 182 million in the fourth quarter of 2023.
EBIT stood at USD 89 million, showing a significant increase from USD 71 million in the fourth quarter of 2023.
Rates on renewed COAs in the quarter experienced a 14 percent increase on average, covering 22 percent of the estimated annual contract volume.
The net result contribution from Odfjell Terminals increased to USD 3.2 million, compared to USD 2.4 million in the fourth quarter of 2023.
Fleet carbon intensity for the first quarter of 2024 was 7.14, slightly better than the fourth quarter of 2023.
During the quarter, Odfjell took delivery of one newbuild on long-term time charter and signed an agreement for one owned newbuilding. Additionally, the company concluded agreements for a further four newbuildings on long-term time charter in April. These vessels are scheduled for delivery in 2026 and 2027, bringing Odfjell’s total number of newbuildings on order to 16 vessels. This accounts for approximately 20 percent of the order book in the chemical tanker segment.

Harald Fotland, CEO of Odfjell SE, commented on the results, stating, “Odfjell delivered a record result in the first quarter of 2024. This reflects the tightened market situation due to the increased tonne-mile demand. We also continued to increase the rates in our COA portfolio. This, in combination with a very professional and dedicated organisation, gives a solid basis for future earnings. We expect our earnings to further increase in the second quarter of 2024.”

For more information visit www.odfjell.com

Glenfarne Group, a developer, owner-operator, and industrial manager of energy and infrastructure assets, has announced three promotions to its senior executive team, effective immediately, recognising their integral contributions across the firm’s core businesses and positioning the company for continued growth as it plays a critical role in the global energy transition.

“We are excited to announce promotions for Bryan Murphy, Vlad Bluzer, and Enrique Reus, recognising their importance to the Glenfarne business,” said Brendan Duval, Glenfarne Group CEO and founder. “I’ve worked with all three for many years, and in fact, we’ve been together, on average, in excess of a decade. All have excelled as leaders in the firm and have been instrumental in our growth, and I look forward to seeing their further success under these new titles. On behalf of the whole Glenfarne team, congratulations to Bryan, Vlad, and Enrique on this career milestone.”

The promotions include:

• Bryan Murphy, partner & president: Bryan has been promoted to partner and president of Glenfarne, reflecting the leadership and capabilities he has demonstrated over the last ten years with the firm. He joined the firm in 2013 to lead legal activities as general counsel and was then promoted to managing director. In 2020, Bryan was named President of EnfraGen, a developer, owner, and operator of specialised sustainable and renewable power and grid stability assets in Latin America, jointly owned by Glenfarne. Under his leadership, there has been tremendous growth in the company’s capabilities in Chile and Colombia and, most recently, the expansion of EnfraGen’s Central America business with the acquisition of six assets in Panama and Costa Rica.
• Vlad Bluzer, partner: Vlad has been promoted to partner of Glenfarne, highlighting the key role he has played for the firm’s Gas and LNG business. He started with Glenfarne soon after the company’s founding in 2011 and initially led the firm’s project financing efforts, during which he was promoted to managing director. He then moved on to launch Glenfarne’s Gas and LNG business – where he currently serves as co-president, overseeing core projects like Texas LNG, a four million tonnes per annum LNG liquefied export terminal to be constructed in the Port of Brownsville, Texas, and a subsidiary of Glenfarne.
• Enrique Reus, managing director & CFO: Enrique will be adding managing director to his title, in addition to his standing title as chief financial officer. He joined the firm in 2015 and has been an important leader in the growth of Glenfarne’s company as the head of the accounting and finance team. In recent years, he’s also taken on the role of head of the human resources team.

Together, these individuals bring decades of experience to the leadership teams of Glenfarne Group and our subsidiaries, across a broad expanse of expertise. They each embody our values, and their elevation to their new roles reaffirms Glenfarne’s commitment to excellence at every level.

For more information visit www.glenfarnegroup.com

Shell Singapore Pte Ltd, a subsidiary of Shell plc, has sealed an agreement to divest its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture entity between Chandra Asri Capital Pte. Ltd. and Glencore Asian Holdings Pte. Ltd. This transaction entails the transfer of all of Shell’s stakes in Shell Energy and Chemicals Park Singapore to CAPGC.

Huibert Vigeveno, Shell’s downstream, renewable and energy solutions director, commented, “This agreement signifies a significant stride in Shell’s ongoing endeavours to enhance our Chemicals and Products business, underscoring our dedication to delivering increased value with reduced emissions, as delineated during our Capital Markets Day last year. We take pride in our legacy at Bukom and Jurong Island and our role in Singapore’s economic advancement in this sector over the past decades. Our commitment to Singapore remains unwavering, and its significance as a regional hub for our marketing and trading business remains paramount. As Singapore continues its decarbonisation journey, Shell eagerly anticipates a continued partnership with the country and our customers in the region.”

Shell conducted a competitive bidding process to reach this significant juncture. Employees at Shell Energy and Chemicals Park Singapore will transition to CAPGC under the new ownership, ensuring continuity for staff and contributing to ongoing operational reliability and safety.

Subject to regulatory clearance, the transaction is anticipated to conclude by the conclusion of 2024.

For more information visit www.shell.com

Fort Vale is thrilled to announce its receipt of a King’s Award for Enterprise for International Trade, a prestigious honour bestowed upon a select few national organisations. This marks the fifth time Fort Vale has been recognised with such a distinguished award, having previously received four Queen’s Awards since its establishment in 1967.

Employing a workforce of over 360 individuals, Fort Vale stands as the world’s leading designer and manufacturer of equipment dedicated to the safe transportation of bulk liquids, powders, and gases.

Graham Blanchard, Fort Vale’s global sales & marketing director, expressed pride in receiving the company’s inaugural King’s Award. He remarked on the significance of this achievement for a UK-based family-owned company, particularly one with deep roots in Lancashire. Blanchard attributed Fort Vale’s success over its 50-year history to the combination of hard work, dedication, and innovation, coupled with the company’s unwavering commitment to industry-leading safety, precision, and quality. He also extended gratitude to Fort Vale’s hardworking and dedicated employees for their contribution to this achievement.

The King’s Awards for Enterprise, formerly known as The Queen’s Awards for Enterprise, were renamed last year to honour His Majesty The King’s desire to uphold the legacy of HM Queen Elizabeth II by acknowledging outstanding UK businesses. Now in its 58th year, the Award programme stands as the most prestigious business accolade in the nation, granting successful businesses the privilege of utilising the esteemed King’s Awards Emblem for the ensuing five years.

Fore more information visit www.fortvale.com

On the occasion of the state visit to France by the president of the People’s Republic of China, TotalEnergies, represented by Patrick Pouyanné, chairman and CEO, and China Petroleum and Chemical Corporation, represented by Ma Yongsheng, chairman, sealed a strategic cooperation agreement aimed at deepening their collaboration, particularly in the realm of low-carbon energies.

TotalEnergies and SINOPEC have a longstanding partnership, having collaborated for many years, notably in Angola and Brazil in upstream operations, as well as in various domains such as oil, LNG, oil product trading, and engineering. Recently, the companies have united their efforts to establish a sustainable aviation fuel production unit with a capacity of 230,000 tonnes per year at a SINOPEC refinery in China.

This strategic cooperation agreement is geared towards further enhancing the partnership between TotalEnergies and SINOPEC, with the intention of capitalising on their respective expertise and seizing new opportunities. Specifically, the two entities plan to merge their research and development capabilities in biofuels, green hydrogen, carbon capture, utilisation, and storage, and decarbonisation.

Patrick Pouyanné, chairman and CEO of TotalEnergies, expressed satisfaction with reinforcing the partnership with SINOPEC, highlighting the shared determination to leverage their multi-energies expertise to address the burgeoning global demand while concurrently shaping the decarbonised energy landscape of the future.

Dr. Ma Yongsheng, chairman of SINOPEC, underlined the robust partnership established between the two companies. He noted that signing this strategic cooperation framework agreement on TotalEnergies’ 100th anniversary marks another significant milestone in their collaboration. Dr. Ma highlighted the extensive cooperation between the two companies over the years in various sectors and expressed their intent to strengthen the partnership further by exploring opportunities in sustainable aviation fuel, green hydrogen, CCUS, and other areas, in line with their commitment to low-carbon, green, and sustainable industry growth.

For more information visit www.totalenergies.com

Neste and the Singapore Airlines Group have inked a significant agreement for the procurement of 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel™. This landmark deal positions SIA and Scoot as trailblazers, being the first carriers within the Group to receive sustainable aviation fuel produced at Neste’s refinery located in the country, at Changi Airport.

Neste will meticulously blend the SAF with conventional jet fuel in adherence to requisite safety standards and deliver the blended jet fuel to Changi Airport’s fuel hydrant system in two installments – the first in the second quarter of 2024 and the second in the fourth quarter of the same year.

This development not only signifies the premier direct supply of Neste’s SAF to airlines at Changi Airport but also underscores their comprehensive end-to-end SAF supply chain capabilities in Singapore. This achievement follows the successful expansion of Neste’s Singapore refinery in May 2023, boasting a staggering capacity to churn out a million tonnes of SAF annually, thus solidifying its status as the world’s largest SAF production facility.

Neste’s SAF, derived entirely from renewable waste and residue raw materials, carries the potential to slash greenhouse gas emissions by up to 80% throughout its life cycle. When blended with conventional jet fuel, it seamlessly integrates with existing aircraft engines and fuelling infrastructure.

Ms Lee Wen Fen, chief sustainability officer at Singapore Airlines, underscored the significance of the agreement with Neste in advancing the SIA Group’s commitment to incorporate a minimum of 5 percent sustainable aviation fuel in its total fuel uplift by 2030. She emphasised the pivotal role of collaborative partnerships with stakeholders, both domestically and globally, in realising long-term decarbonisation objectives and ensuring the sustainability of the aviation industry.

Alexander Kueper, vice president renewable aviation at Neste, expressed pride in Neste’s partnership with Singapore Airlines and Scoot, heralding them as the inaugural beneficiaries of Neste’s integrated supply capabilities at Changi Airport. He hailed the local delivery of SAF to Changi Airport as a significant milestone in Neste’s mission to support the aviation sector and regional governments in their emissions reduction endeavours. Kueper also voiced optimism that Singapore’s status as a leading aviation hub in the Asia-Pacific region, coupled with the national SAF target and the delivery of SAF, would catalyse broader adoption of sustainable aviation fuel across the region. Looking ahead, he expressed eagerness to expand collaboration with Singapore Airlines and extend SAF supply to visiting carriers at Changi Airport.

For more information visit www.neste.com

In the first quarter of the 2024 financial year, Uniper reported an adjusted EBITDA of €885 million, reflecting a decline from the prior-year period figure of €991 million.

Beginning this financial year, Uniper has transitioned to reporting across three segments: green generation, flexible generation, and greener commodities, aligning with its revised strategic direction. Adjusted EBITDA has supplanted adjusted EBIT as the company’s primary financial performance metric.

The Green Generation segment posted an adjusted EBITDA of approximately €278 million, down from the prior-year earnings of €298 million. While the nuclear energy business in Sweden saw increased earnings due to successful hedging transactions and higher output, this was offset by reduced margins in the hydropower sector in Sweden and Germany stemming from lower prices.

Flexible Generation witnessed a decrease in adjusted EBITDA from €901 million in the prior year to €656 million, primarily attributable to diminished positive earnings from successful hedging transactions in the fossil portfolio, reflecting the overall decline in prices. However, lower expenses related to provisions for carbon allowances had a positive impact year-on-year.

Uniper’s direct Scope 1 carbon emissions in the first three months of 2024 amounted to 5.5 million metric tonnes, down from 6.3 million metric tonnes in the prior-year period. This decline is attributed mainly to reduced electricity output at certain coal-fired power plants in Germany, influenced by less favourable market conditions.

Greener Commodities saw an improvement in adjusted EBITDA compared to the prior year, albeit remaining negative at -€13 million, a significant improvement from the prior-year figure of -€242 million. This improvement was driven by a more positive contribution from the gas business compared to the exceptionally adverse performance in the first quarter of 2023.

Adjusted net income for the first quarter of 2024 amounted to €570 million, surpassing the prior-year figure of €458 million, primarily due to favourable interest earnings.

Uniper maintains its earnings forecast for the full-year 2024, expecting adjusted EBITDA to range between €1.5 to €2 billion and adjusted net income to range between €0.7 to €1.1 billion.

Jutta Dönges, Uniper CFO, expressed satisfaction with the company’s performance, noting positive market acknowledgment and successful financial initiatives. These include the confirmation of Uniper’s long-term credit rating by S&P and the successful early refinancing of its syndicated credit line, which was increased to €3 billion. Dönges affirmed Uniper’s confidence in meeting its earnings forecast for the 2024 financial year.

for more information visit www.uniper.energy

In an agreement surpassing $100 million, the Oyo State Government and Shell Nigeria Gas (SNG) have embarked on a transformative venture to establish a robust gas supply and distribution infrastructure aimed at serving industrial and commercial entities within the state.

A statement released by Abimbola Essien-Nelson, Shell Nigeria’s media relations manager, on Friday revealed the comprehensive scope of the collaboration. SNG is slated to spearhead the construction and operation of a gas distribution network spanning Oyo State for a duration of two decades.

Commencing with the laying of groundwork for a 15-kilometre pipeline route, the initiative is projected to escalate, facilitating the delivery of up to 60 million standard cubic feet of gas daily across the state. Ralph Gbobo, the managing director of SNG, underscored the agreement’s significance in fortifying economic pursuits within Nigeria. He emphasised the pivotal role natural gas plays as a dependable, cost-effective, and environmentally sustainable energy source for industries and manufacturers.

Governor Seyi Makinde, in a statement shared via his official channel, highlighted the landmark deal signed in London, affirming its substantial investment of approximately $100 million. The project entails the establishment of a pressure reduction and metering station and pipeline installation by SNG under a Build-Own-Operate-Transfer framework. Makinde articulated the anticipated benefits, including enhanced revenue generation, job creation, and accelerated industrialization across Oyo State.

Further insights were provided by Osagie Okunbor, managing director of the Shell Petroleum Development Company of Nigeria Ltd and chairman of Shell Companies in Nigeria. Okunbor reiterated Shell’s commitment to advancing Nigeria’s energy landscape, leveraging strategic partnerships to deliver cleaner and more accessible energy solutions to commercial and industrial stakeholders. He expressed enthusiasm for deploying gas distribution innovations to support power generation and industrial operations nationwide, building upon Shell’s extensive presence and expertise in Nigeria dating back to the 1960s.

For more information visit www.shell.com.ng

UAB-Online is delighted to share the momentous news of the successful integration of our liquid bulk handling software into the sea shipping operations at Shell Energy and Chemicals Park Rotterdam, effective May 3rd! This seamless integration stands as a significant milestone in Shell’s ongoing efforts to enhance their operational efficiency and optimise their processes.

This achievement underscores the commitment of both UAB-Online and Shell to innovation, safety, and sustainability within the energy and chemicals sectors. By leveraging cutting-edge technology and industry expertise, Shell is poised to streamline its sea shipping operations, leading to improved performance and resource utilisation.

The collaboration between UAB-Online and Shell represents a strategic partnership aimed at driving continuous improvement and delivering tangible value to stakeholders. With a shared vision of prioritising safety, efficiency, and environmental responsibility, both companies are aligned in their pursuit of excellence.

Looking ahead, “UAB-Online is excited about the prospects of this collaboration and the positive impact it will have on Shell’s operations and the broader industry. By combining our expertise and resources, we are confident in our ability to drive positive change and shape a more sustainable future for all.”

As they embark on this journey together, UAB-Online remains committed to providing best-in-class solutions and support to Shell and other partners in their quest for operational excellence and environmental stewardship.

For more information visit www.uab-online.com

Dragon LNG, a prominent figure in the UK’s energy security landscape and a member of the prestigious South Wales Industrial Cluster, has recently taken a significant stride towards sustainable energy solutions.

The company has awarded a contract to Worley, a global professional services company with expertise in energy, chemicals, and resources, to conduct a comprehensive feasibility study.

The study aims to explore the potential benefits of integrating LNG regasification and CO2 liquefaction processes at Dragon LNG’s facilities. This integration holds promise for enhancing operational efficiency, reducing energy consumption, carbon intensity, and the levelized cost of CO2 export, benefiting not only the Dragon site but also Haven industry companies. If feasible, the technology at Dragon would support broader collaboration with RWE Pembroke Net Zero Centre, facilitating the processing and transport of CO2 for carbon sequestration.

Key aspects of the feasibility study include evaluating technical solutions to seamlessly integrate LNG and CO2 liquefaction processes, reducing carbon intensity, and assessing economic viability.

A spokesperson for Dragon LNG expressed enthusiasm about the partnership with Worley, stating, “We are excited to collaborate with Worley on this important initiative. As a responsible energy provider, Dragon LNG is continuously seeking innovative ways to enhance our operations while minimising our environmental footprint.”

Worley’s expertise in engineering and consultancy services, particularly in the CO2 and LNG sectors, makes them an ideal partner for this endeavour. Their track record of delivering sustainability solutions aligns perfectly with Dragon LNG’s ambitious goals.

This collaboration underscores Dragon LNG’s commitment to driving sustainable practices within the energy sector. By exploring the integration of LNG regasification and CO2 liquefaction processes, the company aims to pave the way for a cleaner, more efficient energy future, with the ambition of achieving a net zero terminal by 2029.

For more information visit www.dragonlng.co.uk

Neste and the Exponential Roadmap Initiative have embarked on a collaboration aimed at aligning with the UN Climate Change High-Level Champion’s Race to Zero criteria. The goal is to achieve net zero greenhouse gas emissions by accelerating climate action within Neste’s business and global value chains.

The UN Climate Change High-Level Champion’s Race to Zero is the world’s largest coalition of non-state actors working to reduce emissions, and ERI, an accredited partner, will support Neste by advising on meeting the Race to Zero criteria.

ERI focuses on transitioning away from the fossil economy and scaling climate solutions to halve emissions before 2030. It assists companies like Neste in reducing emissions, shifting portfolios to climate solutions, and influencing regulation.

Neste’s collaboration with ERI reinforces its commitment to reducing GHG emissions and aligning with the 1.5°C pathway outlined in the Paris Agreement. By working together, they aim to develop, share, and scale best practices to drive climate action globally.

Recognising the urgency of reducing emissions, Neste is committed to halving global GHG emissions every decade and achieving global net zero GHG emissions by 2050 or sooner. The company closely follows leading climate frameworks like ERI to guide its climate commitments.

Neste’s ambition to transform its operations aligns with ERI’s mission to support companies in providing sustainable climate solutions. By leveraging its expertise in sustainable aviation fuel and renewable diesel, Neste aims to significantly reduce emissions and transition to carbon-neutral production.

Through initiatives like transforming its refinery in Porvoo, Finland, Neste is steadfast in its commitment to aligning with the scientific 1.5°C pathway while upholding high standards for biodiversity, human rights, and supply chain sustainability.

For more information visit www.neste.com

International energy terminal operator AB KN Energies is expanding its presence in Germany after winning a tender launched by Deutsche Energy Terminal GmbH, the state-owned operator of Germany’s floating LNG terminals. The contract, signed at the beginning of May, outlines KN’s responsibility to provide technical operation and maintenance services for the LNG terminal Wilhelmshaven 2.

According to the agreement, KN will undertake preparatory work for the technical operation of the LNG terminal Wilhelmshaven 2 by establishing an operational company in Germany, assembling a well-trained engineering team, and preparing the terminal’s technical operating documentation. Once the terminal begins commercial operations, KN will be tasked with managing the technical operations and maintenance of the terminal’s infrastructure, including the jetty, equipment, and pipeline. This involves organising the on-site team’s work and coordinating preventive and corrective actions.

The initial agreement covers the preparatory phase until the start of commercial operations, followed by a 5-year operational phase with the option to extend the agreement. This marks KN’s first venture into providing technical operation and maintenance services for an LNG terminal in Germany, with the expected annual turnover of the services estimated to reach up to 5 percent of the company’s annual revenue.

DET, which operates under the German Federal Ministry for Economic Affairs and Climate Action, currently oversees four LNG terminals on the German North Sea coast, including Wilhelmshaven 1, Brunsbüttel, Wilhelmshaven 2, and Stade (under construction). Until 2024, KN provided commercial management services for the first Wilhelmshaven and Brunsbüttel LNG terminals. Following the transfer of their operation to DET and the launch of a new tender for the commercial management of all four LNG terminals, KN assumed the services for commercial management of all four terminals on behalf of DET earlier this year.

For more information visit www.kn.lt

Plug Power Inc., a leading global provider of comprehensive hydrogen solutions for the green hydrogen economy, has announced the signing of a memorandum of understanding with Allied Green Ammonia, an Australian company focused on green ammonia production. The MOU entails supplying up to 3 gigawatts of plug electrolyzer capacity for AGA’s proposed hydrogen to ammonia facility in the Northern Territory of Australia.

Following the MOU, Plug and AGA are planning to enter into an agreement, as outlined in the MOU, to commence a Basic Engineering and Design Package for the 3GW capacity project. The BEDP is anticipated to commence in mid-May of this year, with the final investment decision scheduled for Q4 2025. The progressive delivery of the 3GW electrolyzer supply is slated to begin in Q1 2027.

Andy Marsh, CEO of Plug, stated, “Ammonia producers have recognised the substantial advantages of cost and carbon reduction through electrolysis-based hydrogen. We’re thrilled to sign this MOU and partner with AGA. Our expertise in constructing and operating large-scale hydrogen production facilities, coupled with our PEM electrolyzer manufacturing capability to support their 3GW project, positions us as the ideal partner for this endeavour.”

Alfred Benedict, founder & managing director of AGA, commented, “Our MOU with Plug builds on a long list of leading global firms who are joining us on our journey to build one of the largest green ammonia production facilities in the world, strategically located in Australia given its proximity to Asia. This agreement, bolstered by Plug’s unrivalled expertise and complementary technologies, signifies a strong vote of confidence in our capabilities and a significant milestone in the planned delivery of Allied Green’s facility.”

Green hydrogen produced by Plug’s electrolyzers can assist in decarbonising the ammonia production process by replacing steam methane reforming techniques. Additionally, Plug’s pressurised (40 bar) electrolyzer reduces downstream compression requirements, and the extracted oxygen can enhance efficiency in industrial power plants and furnaces due to its high-temperature combustion capability.

AGA’s production facility will operate a 2500 metric-tonne-per-day green ammonia process, leveraging abundant renewable energy resources and strong energy infrastructure. The proposed location, Gove Peninsula, strategically aligns with Asia’s trading partnerships, meeting AGA’s intended customers’ growing needs for a reliable and secure supply of green ammonia.

Plug, as the leading manufacturer of PEM electrolyzers, operates the largest PEM electrolyzer deployment in the United States at its 15 TPD Georgia Hydrogen plant. This announcement follows Plug’s recent BEDP contracts totaling 4.5 GW across the United States and Europe.

Plug’s electrolyzers utilise electricity to produce hydrogen from water molecules through electrolysis, with oxygen being the only byproduct. This stands in contrast to traditional steam-methane reformation, which emits significant greenhouse gases.

For more information visit www.plugpower.com

Sunoco LP has recently finalised the acquisition of NuStar Energy L.P. and simultaneously announced a 4 percent boost in its quarterly distribution.

With the acquisition of NuStar now complete, Sunoco solidifies its position, enhancing its financial standing and growth prospects. The merger, endorsed by NuStar unitholders at a special meeting on May 1, 2024, saw NuStar’s common units cease trading on the New York Stock Exchange as of May 3, 2024.

This strategic move is expected to yield significant benefits for Sunoco, including enhanced stability, an improved credit profile, and increased growth potential. Sunoco anticipates realising a minimum of $150 million in expense and commercial synergies, along with an additional annual cash flow of at least $50 million from refinancing activities. Furthermore, the transaction is projected to drive immediate accretion to distributable cash flow per LP unit, with expected growth exceeding 10 percent by the third year post-closure.

In tandem with this milestone, Sunoco’s board of directors has declared a quarterly distribution for Q1 2024, amounting to $0.8756 per common unit or $3.5024 per common unit annually. This distribution, slated for payment on May 20, 2024, will benefit common unitholders of record as of May 13, 2024, including former NuStar unitholders who received Sunoco common units post-merger.

This 4 percent increase in the quarterly distribution, following a 2 percent rise last year, underscores Sunoco’s ongoing confidence in its business trajectory and its commitment to delivering value to stakeholders.

Further insights into the NuStar acquisition and distribution increase will be provided during Sunoco’s first-quarter 2024 conference call scheduled for May 8, 2024, at 9:00 a.m. Central Daylight Time.

For more information visit www.sunocolp.com

Saudi Arabian Chevron is pioneering an innovative approach to address the issue of excess natural gas by implementing a sustainable solution that benefits both the environment and the community. Instead of resorting to the conventional method of flaring, which contributes to air pollution and greenhouse gas emissions, Saudi Arabian Chevron is leveraging its surplus gas to generate power for practical everyday applications, such as cooling homes and charging smartphones.

The process involves partnering with Kuwait Oil Company to receive the excess gas for treatment and subsequent use. By redirecting this surplus gas towards productive purposes, Saudi Arabian Chevron aims to drastically reduce its flaring activities by more than 9 percent within the next five years. This ambitious target aligns with the company’s broader commitment to mitigating its environmental impact and transitioning towards a more sustainable energy future.

Ali Alsaqour, a lower carbon champion at Saudi Arabian Chevron, underscores the importance of this initiative, particularly in the context of addressing methane emissions and advancing towards a lower carbon future. As part of the company’s multifaceted approach to flaring reduction, the successful implementation of this project signifies a significant milestone in its journey towards environmental stewardship and carbon neutrality.

Moreover, Saudi Arabian Chevron’s efforts extend beyond its operational boundaries, encompassing both Saudi Arabia and Kuwait due to its operations within the Partitioned Zone between the two countries. This presents unique challenges, as the company must navigate distinct regulatory frameworks and stakeholder expectations in each jurisdiction. Nevertheless, Chevron remains steadfast in its commitment to reducing emissions and safeguarding the environment, driven by its core values of integrity, responsibility, and sustainability.

Ultimately, Saudi Arabian Chevron’s proactive stance towards flaring reduction reflects its dedication to promoting environmental conservation, fostering community well-being, and embracing sustainable practices. By embracing innovative solutions and collaborating with partners across borders, the company strives to set a precedent for responsible energy management and contribute to the global transition towards a greener, more sustainable future.

For more information visit www.chevron.com

Vopak Terminal Merak in Indonesia has reached a significant milestone, celebrating four consecutive years without any reportable incidents. This achievement underscores the commitment of the entire team to maintaining a safe working environment.

For four years running, there have been no serious injuries or spills at the terminal, highlighting the dedication to safety protocols and procedures. This accomplishment is a testament to the vigilance and professionalism of the Vopak Terminal Merak team.

Safety is paramount at Vopak, and this milestone reaffirms the company’s unwavering commitment to prioritising the well-being of its employees and the surrounding community. By ensuring a safe workplace environment, Vopak continues to uphold its core value of putting safety first.

Congratulations to the team at Vopak Terminal Merak for this remarkable achievement. Your dedication to safety is commendable, and your commitment to excellence sets a high standard for the industry. Together, we help the world flow forward, ensuring that everyone can return home safely at the end of each working day.

For more information visit www.vopak.com

Neste Corporation’s board of directors has announced the appointment of Heikki Malinen, M.Sc., MBA, as the president and CEO of Neste, effective from 2 November 2024, at the latest. Malinen joins Neste from Outokumpu Corporation, where he has served as president and CEO since 2020. Currently a member of Neste’s board of directors, Malinen will step down from this position before assuming his new role as president and CEO.

“Heikki Malinen has a proven track record in developing and implementing differentiated strategies, enhancing efficiency, and leading teams through challenging business environments. With extensive global experience across various industries, including the process industry, the board of directors is confident that Heikki is the right leader to drive Neste forward and execute our growth agenda to create value for all stakeholders,” stated Matti Kähkönen, chair of the board of directors of Neste.

“Neste is internationally renowned as a leader in sustainable fuels and renewable feedstock solutions. The industry is poised for transformative growth over the coming decades, particularly in sustainable aviation fuels, polymers, and chemicals. With its world-class R&D, technological capabilities, operational foundation, and talented workforce, Neste is well-positioned to capitalise on this growth. I am thrilled to join Neste’s exceptional team to accelerate transformation and realise the company’s full potential,” commented Heikki Malinen, Neste’s incoming president and CEO.

For more information visit www.neste.com

GTT and PipeChina Engineering Technology Innovation Co. Ltd are pleased to announce the signing of a licence agreement for the use of GTT membrane containment technology for onshore LNG storage. Through this partnership, the two companies are committed to jointly pursuing commercial projects dedicated to the construction, in the near future, of onshore LNG storage tanks, equipped with renewable energy storage features and incorporating the GST® membrane containment technology developed by GTT.

Sang Guangshi, general manager of PipeChina Innovation, and Adnan Ezzarhouni, general manager of GTT China formalised the agreement at GTT’s headquarters. The signing was witnessed by senior executives from both organisations: Jiang Changliang – vice president of PipeChina Group and Philippe Berterottière – chairman & CEO of GTT Group.

GTT is a technology and engineering group with expertise in the design and development of cryogenic membrane containment systems for use in the transport and storage of liquefied gases. Over the past 60 years, the GTT Group has designed and developed, to the highest standards of excellence, some of the most innovative technologies used in LNG carriers, floating terminals, onshore storage tanks and multi-gas carriers. As part of its commitment to building a sustainable world, GTT develops new solutions designed to support ship-owners and energy providers in their journey towards a decarbonised future. As such, the Group offers systems designed to enable commercial vessels to use LNG as fuel, develops cutting-edge digital solutions to enhance vessels’ economic and environmental performance, and actively pursues innovation in the field of zero-carbon solutions. Through its subsidiary, Elogen, which designs and manufactures proton exchange membrane electrolysers, GTT is also actively involved in the green hydrogen sector.

For more information visit www.gtt.fr

The new STP threaded stems, designed for levelling equipment and machinery, are entirely made of SUPER-Technopolymer, a latest generation polymeric plastic material with high mechanical performance, excellent resistance to chemical agents, and optimum thermal properties.

Driving the development of the range is the increasingly widespread Metal-replacement phenomenon which today affects an increasing number of application sectors.

Replacing metals with engineering plastics has been possible thanks to the advent of high-performance polymers and composites which, due to their high mechanical performance and excellent temperature resistance, have allowed new uses also in applications which until now, were the sole preserve of metals.

Each material has its own unique properties and is chosen based on the application, the sector, and the operating and use conditions. For this reason, the wide range of ELESA levelling elements, in addition to this latest innovation, is made up of different combinations of materials, including the standard configuration with a polyamide or polypropylene based technopolymer base and stems with zinc-plated steel or AISI 304 stainless steel joint, also with no-slip disk in NBR rubber or anti-vibration disc for vibration dampening, and the numerous variants entirely made of zinc-plated steel and of different AISI classes of stainless steel, including 316L for special applications and Hygienic Design for use in environments where a certified level of hygiene is required.

Standard, but still high-performance!

The new STP stems, available in different lengths and with threads from M8 to M12, guarantee a maximum static load resistance ranging from 2700 N for the smallest sizes up to 7000 N for the largest. The surprising mechanical resistance is accompanied by the numerous advantages typical of the SUPER-technopolymer category. Let’s take a closer look at them:

• high mechanical resistance thanks to the presence of very high percentages of glass fibre bonded with appropriate chemical primers to the base polymer and/or the presence of synthetic aramid fibre;
• resistance to corrosion and to the most common chemical agents for applications that require frequent washing (food, pharmaceutical, medical, etc.) or for use in humid environments or outdoors, with excellent durability.

Figure 3 compares resistance to the most common chemical agents between the SUPER-Technopolymer version and the zinc-plated steel and stainless-steel versions. As can be seen in the detailed table, there are many more black marks (Suitable) in the SUPER-Technopolymer material column;

• lightness which, in addition to making transport, storage and handling more economical, represents an advantage especially for those applications intended for mobile machines or equipment;
• a significant economic advantage compared to traditional stainless steel or zinc-plated steel solutions (Figure 4). The “y” axis shows how the range of unit costs, depending on the size, of the STP stems in SUPER-Technopolymer, for the same size of the ball joint (Ø 14), is far more cost-effective than the stainless steel stems or even the zinc-plated steel stems.

For more information visit www.elesa.co.uk

Marking three decades of innovation and excellence, this month MFE celebrates its 30th anniversary as a leader in industrial inspections. Founded 30 years ago in a small office in Houston, Texas by William ‘Bill’ Duke and partner Dave Amos, today MFE is a global authority on advanced inspection solutions, with 14 offices in five countries, including the US, Canada, Egypt, the United Arab Emirates, and Mexico.

In 1994, MFE Enterprises opened its doors by selling tank floor scanners for industrial inspections. In 2009, MFE began offering a broad array of other inspection technology, building a new business on the strong foundation it had established with its clients. Today, MFE is considered one of the top inspection solution providers in the world, offering top-tier inspection equipment from trusted partners across a spectrum of inspection services and technologies, including tank scanners, crawler robots, drones, and more, as well as training and best-in-class support.

Dylan Duke, CEO and son of founder Bill Duke, reflects on the company’s growth, “Over the past 30 years, MFE Inspection Solutions has supported over 9,000 companies in industries as diverse as oil and gas, power generation, pharmaceuticals and beyond. When my father started MFE, clients expressed the need for more support, better tools, and better education. Our journey from a small startup to a global leader is a testament to our team’s commitment to our clients and the fact that we always put them first.”

Over the years, under the guidance of the Duke family, MFE has maintained the integrity and principles instilled from its inception: A focus on relationships above all else, with an emphasis on supporting clients all the way through implementation to ensure their success. MFE is driven by a relentless passion to support its clients, seeing the sale of equipment as just the start of the relationship with a customer, not the end.

“We are excited to continue this journey, pushing the boundaries of what’s possible in the inspection industry while continuing to foster and grow long-term partnerships with our clients,” says Duke. “Here’s to another 30 years of success, innovation, and excellence.”

As MFE Inspection Solutions looks to the future, it remains committed to its mission of empowering clients with advanced technology and expertise. MFE Inspection Solutions thanks its clients, partners, and dedicated team for their support and trust over the past three decades. The company looks forward to many more years of providing industry-leading solutions and contributing to the success of projects worldwide.

For more information visit www.mfe-is.com

Trafigura, a market leader in the global commodities industry, has signed a contract for four medium-gas carriers that will be capable of using low-carbon ammonia as a propulsion fuel when delivered. The vessels will be built at HD Hyundai Mipo Dockyard in Ulsan, South Korea.

The vessels will carry LPG or ammonia and the first ship will be delivered in 2027. Each vessel, when delivered, will be equipped with a dual-fuel low-carbon ammonia engine, supporting Trafigura’s commitment to reduce the carbon intensity of its own shipping fleet by 25 percent by 2030.

As a member of the Global Maritime Forum’s Getting to Zero coalition and a founding member of the First Movers Coalition, Trafigura is also committed to helping to develop the low-carbon fuels and vessels required to decarbonise global shipping. Today’s announcement marks an important next step in these efforts.

“We are excited to embark together with HD Hyundai Mipo on this ambitious project which supports our commitments to decarbonising shipping and will help us to develop the global low-carbon ammonia bunkering infrastructure needed for zero-carbon shipping to become a reality,” said Andrea Olivi, head of wet freight for Trafigura.

Trafigura is one of the world’s largest charterers of vessels, responsible for more than 5,000 voyages a year with around 400 ships currently under management. The company has led the industry in calling for a global price on carbon to reduce emissions and is continually looking for ways to further reduce emissions from its fleet.

The company is one of the few operators to have tested a full range of alternative shipping fuels including LNG, methanol, LPG and biofuels, on its owned and chartered vessels. It has co-sponsored the development of a two-stroke engine by MAN Energy Solutions that can run on green ammonia and is also investing in on-board carbon capture technology.

Investments are also being made in wider efficiency measures such as silicone hull coating, wake equalising ducts, ultrasonic propeller antifouling technology, and continuous underwater hull cleaning and propeller polishing.

Trafigura is a founding member of the Sea Cargo Charter, an industry coalition established to collect, assess and report shipping emissions, a key member of the Global Maritime Forum’s Getting to Zero coalition and a founding member of the First Movers Coalition.

For more information visit www.trafigura.com

The maritime industry is facing increasing pressure to address its environmental impact and reduce carbon emissions. While efforts have been focused on direct emissions from operations and purchased energy, there is now a growing recognition of the importance of addressing Scope 3 emissions. These emissions include the indirect impacts generated throughout the value chain, such as raw material extraction, employee behavior, and product disposal.

Gathering data on Scope 3 emissions is a complex task for ports and terminals, as it involves multiple stakeholders and sources of emission data. However, advancements in AI-driven data technology have made it easier to identify and monitor these emissions. This enables ports to focus on implementing emission reduction strategies with immediate impact.

Addressing Scope 3 emissions is crucial for several reasons. Firstly, they constitute the largest portion of a port’s carbon footprint, so ignoring them would result in an incomplete sustainability strategy. Secondly, addressing these emissions can help reduce the port’s impact on the local environment and engage positively with the community. Finally, taking action on Scope 3 emissions can lead to cost savings and build resilience to regulatory changes.

One approach to reducing Scope 3 emissions is implementing just-in-time port calls using advanced AIS technology. This can reduce idle time and unnecessary fuel consumption, contributing to emission reductions. However, a challenge lies in the lack of investment in green infrastructure and fuel hubs, as both ports and shipping lines are hesitant without assurance of their utilisation.

Although current regulations may not mandate Scope 3 emission reporting in all regions, it is expected to be enforced soon as environmental accountability increases. Ports that recognise the importance of Scope 3 emissions now will benefit in the future by staying ahead of their competitors.

Reporting Scope 3 emissions provides several benefits, including a complete picture of emission monitoring and productivity, data-driven benchmarking between ports, and recognition for sustainability efforts. Solutions like EmissionsInsider enable ports to accurately and affordably report their emissions.

To fast-track the maritime industry’s transition to green practices, some of the revenue generated from carbon pricing should be used to finance port infrastructure and data analysis. Additionally, there is a need to focus on reducing other pollutants like NOx and SOx emissions.

Despite the challenges, ports have opportunities to become environmental stewards by embracing technology, innovation, alternative fuels, and operational efficiencies. By prioritising sustainability, ports can demonstrate their commitment to environmental responsibility and engage meaningfully with their local communities.

Understanding the implications and impact of Scope 3 emissions and embracing innovative solutions can help ports and terminal operators make a meaningful start towards a greener, more sustainable future. Solutions like EmissionInsider can assist in tracking and analysing a port’s carbon footprint, identifying pollutant sources, and developing decarbonisation plans based on data-driven decisions.

For more information visit www.port-xchange.com

Element Resources, a prominent figure in green hydrogen production, has announced the signing of a surface lease agreement with Rio Tinto at the Rio Tinto US Borax mine site in Boron, California. The agreement paves the way for the development of a green hydrogen production facility, complemented by a dedicated, co-located off-grid solar electric generation facility.

The initial phase of the partnership will involve Element Resources conducting a study period to assess the commercial viability of establishing a hydrogen production facility at the site.

Renny Dillinger, general manager of US Borax, expressed enthusiasm about the collaboration with Element Resources, highlighting its significance in advancing the journey towards net zero emissions. He emphasised Rio Tinto’s commitment to decarbonisation and expressed eagerness to collaborate with Element Resources in their endeavours.

Steve Meheen, founder, chairman & CEO of Element Resources, expressed his satisfaction with the agreement with Rio Tinto U.S. Borax. He articulated the company’s vision of establishing an industrial-scale green hydrogen production plant powered by solar energy at the site. Meheen underscored the immense potential of the site’s vast acreage and favourable solar conditions in facilitating large-scale hydrogen production, which would contribute significantly to decarbonisation efforts in California and the wider region.

For more information visit www.elementresources.com

enfinium, a leading operator in the UK’s energy from waste sector, has unveiled a comprehensive plan aimed at decarbonising its operations and contributing to the UK’s net zero targets on a significant scale.

The ‘Net Zero Transition Plan’, underpinned by an investment programme exceeding £1.7 billion, outlines enfinium’s roadmap to achieve net zero across its Scope 1 and 2 emissions by 2033, surpassing the waste industry target of 2040. Central to these efforts is the deployment of carbon capture and storage technology at enfinium’s sites nationwide, enabling the generation of substantial carbon removals starting from 2030 and scaling up to 1.2 million tonnes per year by 2039.

Against the backdrop of the UK generating approximately 27 million tonnes of non-recyclable waste annually, enfinium’s initiative assumes critical importance in the nation’s journey towards decarbonising waste management and realising its 2050 net zero objective. Notably, about half of the UK’s non-recyclable waste comprises biogenic content, which inherently absorbs CO2 from the atmosphere. Through CCS implementation, enfinium aims to capture and permanently store this CO2, effectively achieving net carbon removal.

With global demand for carbon removals surging to meet decarbonisation imperatives, the carbon market is projected to reach over $1.1 trillion annually by 2050. Leveraging the energy from the waste sector’s potential as one of the largest sources of negative emissions, enfinium’s initiative assumes strategic significance in aiding businesses to address their Scope 3 supply chain emissions.

Mike Maudsley, CEO of enfinium, expressed enthusiasm for the transformative potential of carbon capture technology, envisioning the removal of over one million tonnes of carbon dioxide annually. He underscored carbon removals as a generational opportunity for the waste sector, advocating for collaborative efforts with governments to foster a credible pathway towards emissions reduction and green growth.

In addition to carbon removals through CCS, enfinium’s Net Zero Transition Plan outlines initiatives to support local communities in achieving net zero for their operations. These include the development of heat networks, electrolytic hydrogen production, and the provision of carbon-negative electricity via private wires, anchoring enfinium’s plants as core components of localised ‘decarbonisation hubs’.

The Net Zero Transition Plan has received independent verification from leading engineering consultancy Arup. Ben Glover, Director and UK Resources Business Leader at Arup, commended enfinium’s actionable pathway and timeline, emphasising the pivotal role of energy from waste in delivering crucial carbon removals for the UK economy.

With a commitment to sustainability, innovation, and community empowerment, enfinium’s Net Zero Transition Plan stands as a beacon of progress towards a greener, more sustainable future.

For more information visit www.enfinium.co.uk

Oikos Storage, the operator of a bulk liquid storage facility in Canvey Island, Essex, has established itself as a prominent marine-fed import and storage facility in the UK. The facility, located on the River Thames estuary, boasts a total tank capacity of 300,000 cubic meters. What sets Oikos Storage apart is its status as the only independent facility on the Thames that is connected to the UK fuel distribution pipeline networks, namely UKOP and Exolum. Furthermore, the facility benefits from its advantageous marine logistics, including a deepwater berth capable of accommodating vessels with a Deadweight Tonnage (DWT) of up to 120,000 tonnes.

Oikos Storage shares a common vision with EEMUA (Engineering Equipment and Materials Users Association) when it comes to prioritising safety, environmental responsibility, and operational performance. By engaging with EEMUA, Oikos Storage gains access to valuable insights and best practices from different industries and regions worldwide. This collaboration will further assist Oikos in effectively and safely operating its industrial assets.

Details on the benefits of joining EEMUA as a Corporate Member can be found here.

For more information visit www.eemua.org

TotalEnergies, a leading energy company, has awarded a decarbonisation contract to Wood, a global consulting and engineering firm. The contract is aimed at supporting flare gas recovery in the North Sea as part of the Elgin-Franklin Flare Gas Recovery System Project.

Wood’s involvement in the project began with the successful completion of a field study and front-end engineering design. The 23-month contract includes the coordination of operations, procurement, and design aspects for the Elgin asset.

Wood’s team based in Aberdeen will lead the project, which is expected to create 40 new positions both onshore and offshore. The objective of the project is to redirect gas that would have previously been flared by implementing a new compressor system offshore. The gas will be treated and reused instead of being wasted.

This initiative is part of TEPUK’s Carbon Footprint Reduction roadmap, demonstrating their commitment to reducing emissions. By partnering with Wood, TEPUK aims to achieve their ambitious action plan for emissions reduction across their operations.

Martin Simmonite, senior vice president for UK Operations at Wood, expressed delight in working with TEPUK on this decarbonisation initiative. He emphasised Wood’s commitment to delivering sustainable solutions that contribute to a low carbon future. With over 20 years of experience working with TotalEnergies on various projects worldwide, Wood is well-equipped to support TEPUK in their emission reduction efforts.

The Elgin-Franklin field, located in the Central North Sea, consists of high pressure, high-temperature gas reservoirs. TotalEnergies operates the field, while other companies such as ENI, Harbour Energy, Ithaca Energy, NEO Energy, and ONE-Dyas hold non-operated interests. Wood’s collaboration with TotalEnergies on this project further strengthens their long-standing partnership.

For more information visit www.woodplc.com

Hexagon Purus, a leading company in hydrogen solutions, has received a substantial order worth 3.8 million euros for its hydrogen storage systems. The order was placed by a German customer, HPS Home Power Solutions AG, who will utilize the systems in their ‘picea’ product.

The picea is an innovative electricity storage solution developed by Hexagon Purus. It combines hydrogen and solar energy to provide a reliable source of power. The system utilises surplus solar power generated during the summer to produce hydrogen through an electrolyser. This hydrogen is then used to generate electricity throughout the winter.

The German customer is set to receive the storage system in the second quarter of 2024. This order follows a previous order worth 9.6 million euros for Hexagon Purus’ hydrogen distribution systems, which was placed by a prominent player in the hydrogen ecosystem in December 2023.

Hexagon Purus recently completed the expansion of its manufacturing site in Germany, dedicated to engineering and producing hydrogen infrastructure products. This expansion has doubled the production capacity for their Type 4 high-pressure hydrogen solutions at the Weeze facility. The increased capacity is a significant advancement for both Hexagon Purus and the hydrogen industry.

Matthias Kötter, the managing director & site lead at Hexagon Purus, expressed his satisfaction with the order, stating that their high-pressure hydrogen storage systems are versatile and scalable, making them suitable for various applications, including the storage of base load energy from solar plants. This order further validates Hexagon Purus’ commitment to providing innovative and efficient hydrogen solutions for a sustainable future.

For more information visit www.hexagonpurus.com

Enbridge has announced that it has partnered with two renowned tunnelling companies, Barnard Construction Company, Inc. and Civil and Building North America, Inc., to oversee the construction of the Great Lakes Tunnel in the Straits of Mackinac. This partnership between Barnard, based in Bozeman, Montana, and CBNA, based in Miami, Florida, will work closely with Enbridge to build the tunnel on behalf of the State of Michigan.

The Great Lakes Tunnel is being designed as a utility corridor that will connect Michigan’s peninsulas. Its primary purpose is to house the Line 5 pipeline, which will pass beneath the lakebed at the Straits of Mackinac. This infrastructure project aims to protect the Great Lakes and the environment while ensuring the safe and reliable delivery of vital energy resources to the region.

Enbridge’s senior vice president of liquids pipelines, Tom Schwartz, expressed his enthusiasm for the partnership with Barnard and CBNA, stating that their selection represents a significant milestone for the project. He emphasised Enbridge’s commitment to the safe construction of the Great Lakes Tunnel and praised the expertise of both companies.

The contract was awarded to Barnard and CBNA following a rigorous request for proposal (RFP) process initiated by Enbridge in early 2022. The Mackinac Straits Corridor Authority (MSCA), responsible for overseeing the tunnel’s construction and operations, confirmed that the RFP satisfied the requirements of the Tunnel Agreement. Enbridge will finance the Great Lakes Tunnel, and upon completion, it will be owned and operated by the MSCA.

Barnard and CBNA will form a joint partnership named Mackinac Straits Partners, with each company holding a 50 percent stake. Both organisations possess extensive experience in tunnel construction, having collectively built over 100 tunnels in 15 countries, totaling more than 372 miles. Many of these projects have involved similar geologic conditions to those present in the Straits of Mackinac.

Enbridge is actively preparing to commence construction as soon as it receives the necessary environmental permits for the tunnel project from the US Army Corps of Engineers. The Corps has indicated that permit decisions will likely be made in early 2026.

Throughout the progress of this significant energy modernisation infrastructure project, Enbridge remains committed to its plan of achieving net-zero emissions by 2050. The company is investing in renewable energy sources, modernising its networks, and prioritising the safe transportation and delivery of energy resources.

For more information visit www.enbridge.com

Al Masaood Energy and Gecko Robotics have proudly announced a multi-year contract with ADNOC Gas, the integrated gas processing company of the ADNOC Group. With an estimated ceiling value of $30 million, this groundbreaking partnership signifies a significant leap towards enhancing operational efficiency, reducing downtime, and mitigating CO2 emissions across ADNOC Gas sites.

Under the terms of the contract, Gecko Robotics will deploy its state-of-the-art robots and AI-powered data platform, facilitating predictive maintenance initiatives aimed at maximising efficiencies while upholding the highest standards of safety and environmental sustainability.

Jake Loosararian, co-founder and CEO of Gecko Robotics, underscored the pivotal role of ADNOC and the UAE in leveraging Industry 4.0 tools to drive efficiency and sustainability. He commended H.E. Dr. Sultan Al Jaber’s leadership on the world stage, particularly at COP28, highlighting ADNOC’s unwavering commitment to harnessing new technologies to reduce carbon emissions. Loosararian expressed Gecko’s pride in contributing its robots and software to support ADNOC’s ambitious goals, emphasising the transformative impact of such initiatives on a global scale.

Dr. Ahmad El Tannir, general manager of Al Masaood Energy, hailed the partnership between Gecko and Al Masaood Energy as a testament to the company’s dedication to advancing ADNOC’s decarbonisation agenda. He emphasised the pivotal role of cutting-edge technologies in realising the UAE’s ambitious net-zero objectives, affirming Al Masaood Energy’s commitment to driving sustainable innovation in the region.

Gecko’s revolutionary wall-climbing robots are equipped with specially designed sensor payloads that enable the creation of sophisticated digital maps of critical assets. The Gecko software platform, Cantilever, harnesses this data in conjunction with operational insights to facilitate precision repairs and preventive maintenance measures.

Gecko’s software solutions are widely utilised by numerous companies and government agencies to enhance the lifespan and efficiency of critical infrastructure, spanning industries such as power generation, oil refining, manufacturing, and beyond. Through strategic collaborations such as this, Al Masaood Energy and Gecko Robotics are poised to play a pivotal role in advancing sustainability and technological innovation in the region and beyond.

For more information visit www.almasaoodenergy.me

Aramco, renowned as one of the world’s leading integrated energy and chemicals companies, is delving into the possibility of establishing a joint venture within the Saudi Aramco Jubail Refinery Company alongside its Chinese counterpart, Rongsheng Petrochemical Co. Ltd. This venture also entails substantial investments in both the Saudi and Chinese petrochemical sectors, in collaboration with Rongsheng.

In a recent development, the company sealed a cooperation framework agreement that outlines Rongsheng’s potential acquisition of a 50 percent stake in SASREF. Furthermore, the agreement sets the stage for the implementation of a liquids-to-chemicals expansion project at SASREF. Concurrently, Aramco is contemplating acquiring a 50 percent stake in Rongsheng affiliate Ningbo Zhongjin Petrochemical Co. Ltd. and participating in ZJPC’s expansion endeavours.

Pictured, from left, at the cooperation framework agreement signing ceremony are Xiang Jiongjiong, Zhejiang Rongsheng Holding group vice chairman and Rongsheng Petrochemical CEO; Li Shuirong, Zhejiang Rongsheng Holding group chairman; Wang Hao, Zhejiang Provincial Government governor; Amin H. Nasser, Aramco president & CEO; Mohammed Y. Al Qahtani, Aramco downstream president; and Faisal M. Al Faqeer, Aramco senior VP of In Kingdom Liquids to Chemicals Development.

Mohammed Y. Al Qahtani, Aramco downstream president, remarked, “These discussions underscore our aspiration to propel our liquids-to-chemicals strategy alongside strategic partner Rongsheng, both within the Kingdom of Saudi Arabia and China. By leveraging our existing partnership, we strive to advance our footprint in a pivotal geography and stimulate fresh investments in the Saudi downstream sector.”

In a noteworthy move back in July 2023, Aramco secured a 10 percent interest in Rongsheng through its subsidiary, Aramco Overseas Company BV, headquartered in the Netherlands. Rongsheng, in turn, holds full equity in ZJPC, which operates an aromatics production complex and holds interests in a joint venture dedicated to producing purified terephthalic acid.

For more information visit www.aramco.com