Thorne & Derrick, the UK’s leading specialist distributor of equipment for explosive atmospheres, is delighted to announce its exclusive partnership with StuvEx, becoming the exclusive UK channel partner for the StuvEx range of static earthing, grounding, and bonding systems.

StuvEx, an international manufacturer, offers a complete range of static earthing, grounding, and bonding solutions with ATEX and IECEx certification for use in hazardous areas. This includes static bonding control, grounding and earthing clamps, cables, and reels.

Thorne & Derrick supports the technical specification and competitive supply from stock of standard and customized static earthing solutions for explosion protection in process operations and manufacturing applications dealing with combustible or flammable gases, liquids, or powders.

Terry McDonald, business development manager at Thorne & Derrick, commented, “The Strategic Partnership will deliver significant operational safety and best practice improvements to our clients in the process and hazardous area industries. The StuvEx range of Static Earthing Systems is an excellent extension to our Explosion Protection product range, further strengthening our reputation to specify and supply ATEX and IECEx-certified products that provide heating, lighting, power, and explosion protection to assets and operators in hazardous area workplaces. Together, our partnership presents clients with a certified product range, including innovative features that are industry-established and client-preferred across numerous global businesses in the powder and bulk solids handling sector. Our cost-competitive option in the marketplace will be integral to our future business growth plan.”

Static electricity is often dangerously overlooked and misunderstood as a potential ignition source in gas- and dust-hazardous areas. Thorne & Derrick, in partnership with StuvEx, is working closely with clients to highlight awareness, education, and mitigation of the ignition risk associated with static electricity. Discharges of static electricity pose health and safety dangers to people and plants, and clients are encouraged to contact Thorne & Derrick to discuss their concerns.

Sam Ayres, sales engineer at StuvEx Safety Systems Ltd, adds, “We’re excited to have chosen Thorne & Derrick as our exclusive distribution partner for static earthing systems. Their technical expertise and industry experience in supplying compliant and certified equipment to hazardous areas are unparalleled. We are looking forward to a long and successful partnership.”

For more information visit www.heatingandprocess.com

Exolum will manage the bulk liquid product storage terminal located on La Osa pier at the port of Gijon after winning the tender organised by the Port Authority of Gijon. Over the 15-year term of the concession, Exolum will invest 3 million euros to connect the new terminal to the existing one owned by the company, for optimal integrated management, and to modernise and adapt the infrastructure in order to offer a wider range of logistics services.

The new services include those required for decarbonisation and the energy transition, thus facilitating broader and faster deployment of new biofuels, as well as the development of new energy vectors.

Also, Exolum endeavours to become the logistics partner of choice for industrial operations in Asturias, both for new green fuel production plants and for other industries with bulk logistics requirements. The planned investment also includes expenditures aimed at reducing the carbon footprint.

Furthermore, these improvements made to adapt to new markets and services will enable the company to offer logistics services to a larger number of customers in the energy and chemical product market and other bulks and energy vectors.

The terminal has a capacity of 67,000 m3 in 12 tanks plus a service station, and it also offers extensive vessel, road tanker and, eventually, train interconnection options. The new Exolum facility in Gijon will also be integrated into the existing infrastructure managed by the company at the port and the extensive network it owns across Spain.

The port of Gijon is a key location for logistics operations owing to the quantity and quality of its connections with the region’s industrial hub, thus giving Exolum an opportunity to invest in a larger number of tanks to transport and store new energy vectors, such as biofuel, eco-fuel, hydrogen, ammonia, methanol, carbon, etc.

This will facilitate the development of the energy transition in the region, strengthen its role as a hub for these new energy vectors and contribute to the competitiveness of the region’s industrial sector and economy, as well as increasing business in the vicinity of the port of Gijon.

According to Jorge Guillén, Exolum’s Spain Region Lead, “At Exolum, we are committed to investing in Spain and, particularly, to developing logistics investments at ports that support the energy transition. The port of Gijon, therefore, represents a great opportunity to develop a larger volume of logistics operations and to boost the diversification of our business, thus expanding our services to new energy vectors that are relevant for the modernisation, competitiveness and sustainability of the industrial infrastructure in Asturias.”

For more information visit www.exolum.com

WaveCrest Energy LLC is pleased to announce the commencement of a market consultation process for its proposed Teesside Flexible Regas Port in advance of a planned capacity auction to be launched in the third quarter of 2024. Teesside Flexible Regas Port will provide flexibility and energy security to the UK, with the potential to deliver up to 248.5 GWh per day of natural gas, equivalent to around 17 percent of the country’s natural gas demand.

Situated in the port of Teesport in northeastern England, the project will encompass onshore buffer storage and liquefied natural gas regasification equipment, connected to a dedicated marine jetty for the mooring and unloading of LNG carriers. Regasified LNG will then be transported from the project site through a short segment of high-pressure natural gas pipeline for delivery into the UK National Transmission System. This streamlined and cost-effective design aims for rapid construction, with an anticipated commercial operation date of 2026.

WaveCrest Energy selected Teesport for the project due to the port’s extensive history in energy infrastructure, ongoing energy transition initiatives in hydrogen generation, carbon capture and storage, and biogas sectors. The deep water access within the port and its extensive marine assets will ensure the safe and reliable operation of the project.

Chief executive officer of WaveCrest Energy, Rob Bryngelson, stated, “The WaveCrest Energy team has a long and successful history in working in Teesport dating back nearly 20 years when the port became home to the world’s first dockside LNG regasification project. In support of the project’s efforts, we will continue working with statutory consultees, local stakeholders, and communities as part of the planning process. Our goal is to work closely with local partners through the approval, construction, and operation of the project to make this a true win-win for the country and the region.”

Enhancing the benefits of the project, the Teesside Flexible Regas Port is designed to blend imported LNG with incoming North Sea natural gas flows, with the complementary ability to inject nitrogen into the gas stream. This allows the receipt of supplies from most suppliers around the world, providing broad market access while still meeting the UK’s National Transmission System specifications.

Aligned with the goals of the UK’s overarching National Policy Statement for Energy, the project can meet peak gas needs, such as during the winter heating season, offering stability to the UK energy system as it integrates greater use of renewable sources in line with its net zero targets without requiring specialised floating storage regasification units or other bespoke equipment.

The project, classified as a Nationally Significant Infrastructure Project, will seek a Development Consent Order from the Secretary of State for Energy Security and Net Zero.

The market consultation process, commencing on March 18 and closing on April 26, will enable participants to provide feedback on various aspects of the project including design, operational characteristics, and services offered. WaveCrest Energy welcomes this input to optimise the Teesside Flexible Regas Port based on the experience and expertise of industry stakeholders, aligning the project with market needs.

For more information visit www.wavecrestenergy.com

Center Enamel is making significant strides in the realm of desalination projects by providing epoxy coated steel tanks, crucial for storing desalinated water efficiently. As a leading provider of these tanks, Center Enamel is committed to supporting desalination initiatives worldwide and ensuring their success and sustainability.

The Importance of Desalination Projects With global water demand on the rise and freshwater sources becoming increasingly scarce, desalination has become a vital solution to meet the water needs of communities, industries, and agriculture. Desalination plants employ advanced technologies to convert seawater into clean, potable water, addressing the growing demand for freshwater.

Expertise in Epoxy Coated Steel Tanks Center Enamel boasts decades of experience and expertise in manufacturing high-quality epoxy coated steel tanks, making them an ideal choice for desalination projects. These tanks offer several key benefits:

• Corrosion Resistance: Seawater is highly corrosive, making corrosion resistance essential for water storage in desalination projects. Center Enamel’s tanks provide superior protection against corrosion, ensuring the integrity of stored water over time.
• Hygienic Storage: The smooth, non-porous surface of the epoxy coating prevents bacterial growth, maintaining water quality and meeting stringent standards for potable water.
• Large Capacity Options: Center Enamel offers tanks in various sizes and capacities, enabling desalination plants to store large volumes of freshwater efficiently.
• Customizable Design: Tanks can be tailored to specific project requirements, accommodating space constraints, environmental conditions, and integration with desalination plant infrastructure.
• Longevity and Reliability: With proper maintenance, Center Enamel’s tanks have a long service life, providing reliable storage for desalinated water for years to come.

Advanced Fusion Bonded Epoxy Technology Center Enamel utilizes fusion-bonded epoxy coating technology to ensure a uniform, wear-resistant surface that provides excellent corrosion resistance. The tanks undergo rigorous testing, including a holiday test at ≥1100V, to ensure zero discontinuity and defects, guaranteeing longevity and reliability in diverse environmental conditions.

Environmental and operational advantages The fusion-bonded epoxy coating not only provides superior corrosion resistance but also reduces maintenance needs, contributing to cost-effectiveness over the tank’s lifespan. Moreover, the tanks adhere to internationally recognised coating requirements, ensuring compliance with the highest global safety and environmental standards.

Applications in the Sludge Management Center Enamel’s epoxy coated steel tanks are specifically designed for storing sludge, offering a secure and environmentally friendly solution for wastewater treatment processes. These tanks facilitate the separation and settling of solids in the sludge, ensuring efficient management of wastewater.

In conclusion, Center Enamel’s expertise in providing epoxy coated steel tanks plays a crucial role in supporting desalination projects worldwide, contributing to the success and sustainability of these vital initiatives. Through innovation, collaboration, and a commitment to excellence, Center Enamel continues to elevate environmental business and create a brighter future for communities worldwide.

For more information visit www.cectank.com

Inter Terminals Sweden, in collaboration with SAS, is embarking on an expansion project to convert its aviation fuel facility in the Port of Gävle into a sustainable aviation fuel blending and storage facility. This initiative involves repurposing tanks previously used for conventional fossil heating oil storage to facilitate the blending and storage of SAF.

SAS has set an ambitious environmental target to fuel its flights in Scandinavia with SAF equivalent to its total fuel consumption by 2030. This necessitates a significant increase in the share of sustainable aviation fuel annually. The investment in expanding the aviation fuel facility in Gävle will play a crucial role in achieving this target, with the new facility scheduled to commence operations in the summer of 2024.

Ann-Sofie Hörlin, head of sustainability at SAS, underscores the importance of proactive partnerships and investments across the value chain to facilitate the transition to more sustainable flights. Hörlin emphasises the necessity of increasing the usage of SAF, highlighting its direct correlation with reduced flight emissions.

Johan Zettergren, managing director of Inter Terminals Sweden, acknowledges the strategic advantage of Gävle’s proximity to Stockholm Arlanda Airport and its well-established logistics infrastructure for both maritime and rail transport. Zettergren expresses enthusiasm for collaborating with SAS on this project, affirming Inter Terminals’ commitment to supporting the aviation industry’s goal of achieving climate neutrality by 2050.

Fredrik Svanbom, CEO of the Port of Gävle, applauds the initiative led by Inter Terminals Sweden and SAS, emphasizing the importance of expanding the capacity for handling SAF in Gävle. Svanbom highlights the project’s alignment with the port’s overarching strategy of fostering a green transition and establishing a sustainable logistics and energy system.

For more information visit www.interterminals.com

Matrix Service Company, a leading provider of engineering and construction services to the energy and industrial markets, has announced today that its subsidiary, Matrix PDM Engineering, has entered into a Memorandum of Understanding with Engicon NV (Geldof), headquartered in Harelbeke, Belgium. This agreement allows the two entities to collaborate on providing comprehensive engineering, procurement, and construction solutions for ammonia storage projects across Europe.

John R. Hewitt, president and CEO of Matrix Service Company, expressed optimism about the partnership, stating, “Our collaboration with Geldof enables us to offer customers across Europe top-tier storage and terminal solutions for ammonia, a vital component also used as a hydrogen carrier. This partnership enhances our portfolio in technology and construction, addressing the growing global demand for sustainable energy resources.”

Peter Verrept, CEO of Engicon NV, highlighted Geldof’s expertise in cold tank storage solutions and its successful track record in executing ammonia storage projects for the European chemical and fertiliser industry. Verrept emphasised Geldof’s commitment to supporting the energy transition by promoting the large-scale deployment of ammonia as an energy carrier across Europe. He expressed confidence in the strategic partnership with Matrix, aiming to deliver innovative projects that will shape the future of energy solutions through synergizing collective expertise and strengths.

For more information visit www.matrixservicecompany.com

enfinium has forged a partnership with green technology company Hitachi Zosen Inova to introduce the UK’s inaugural energy-from-waste carbon capture pilot at its Ferrybridge-1 site in West Yorkshire. This initiative underscores enfinium’s broader commitment to investing in carbon capture and storage technology to advance carbon removal efforts.

The collaboration entails the installation of a pilot plant designed to capture up to one tonne of carbon dioxide per day, utilising scaled-down, containerised CCS technology provided by Hitachi Zosen Inova. Scheduled to commence operations in July 2024, the pilot will run for a minimum of 12 months, offering valuable insights into CO2 capture rates, energy consumption, and solvent performance.

This groundbreaking pilot represents a milestone for Hitachi Zosen Inova, positioning the company as a leader in decarbonisation solutions for the energy-from-waste and renewable sectors. The project aims to demonstrate the viability of carbon capture technology in energy-from-waste facilities, paving the way for broader implementation across Enfinium’s operations.

enfinium’s long-term vision includes significant investments in CCS infrastructure, with plans to allocate up to £800 million for CCS initiatives at its Ferrybridge 1 and 2 facilities. Once operational, these initiatives could collectively capture over 1.2 million metric tonnes of CO2 annually, establishing one of Europe’s largest carbon removal projects.

Mike Maudsley, CEO of enfinium, emphasised the critical role of carbon capture technology in decarbonising unrecyclable waste and highlighted the potential for generating carbon-negative power at scale.

Bruno-Frédéric Baudouin, CEO of Hitachi Zosen Inova, expressed pride in the partnership with enfinium, emphasising the significance of the pilot in advancing carbon capture knowledge and contributing to global efforts to reduce CO2 emissions.

The pilot project has garnered support from UK authorities, with Minister for Investment and Regulatory Reform, Lord Dominic Johnson, lauding enfinium and Hitachi Zosen Inova’s commitment to green investment and decarbonisation.

This milestone further solidifies the strategic partnership between enfinium and Hitachi Zosen Inova, which extends beyond the Ferrybridge facilities to encompass the Skelton Grange facility in Leeds, underscoring their shared commitment to driving sustainability in waste management infrastructure.

For more information visit www.enfinium.co.uk

TWTG, a key player in industrial Internet of Things solutions, announced the launch of new sensor fusion technology for compatible sensors within their NEON product range. Sensor fusion technology represents a significant stride in IoT and the industries it serves by combining data from multiple sources to deliver a more comprehensive and accurate overview of industrial systems. This technology, particularly the innovative NEON EventSync and TimeSync functionality, promises substantial advances in intelligent predictive maintenance and operational management.

The introduction of TimeSync ensures precise time alignment across sensor networks, which is crucial for data accuracy and real-time analysis. Complementing this, EventSync delivers intelligent, event-driven data collection from multiple sources. When viewed via TWTG’s SolidRed IoT platform, this data enables engineers to enjoy a more profound understanding of the relationship between sensors, equipment, and data, creating more nuanced operational insights and decision-making. Synchronised measurements stand as a cornerstone for the realisation of achieving a digital twin—a virtual model meticulously mirroring its physical counterpart.

Nadine Herrwerth, CEO of TWTG, highlighted the benefits of these innovations, stating, “Our new sensor fusion technology is designed to improve precision and efficiency, especially in the energy and chemicals industries.” This development is part of TWTG’s ongoing efforts to innovate and stay ahead in the IoT space. We’re committed to adding real value for our customers through these advancements.

With this focus, TWTG is supporting the industry-wide push towards operations that are safer, more sustainable, and more efficient. Our work in sensor fusion is a clear example of how we’re constantly improving and maintaining our edge in IoT development, always with the goal of delivering practical benefits to our customers.”

Starting in early 2024, all compatible NEON devices will have sensor fusion functionality. For devices already on the market, TWTG will offer these new features through software updates, ensuring that every compatible sensor benefits from this latest technology.

For more information visit www.twtg.io

For more information visit www.waga-energy.com

TotalEnergies has partnered with seven other major companies to form an international coalition that supports the production and use of e-natural gas (e-NG). This synthetic natural gas is created from renewable hydrogen and CO2 and can be transported and sold like traditional natural gas, using existing infrastructure. The goal of the coalition, called the “e-NG Coalition,” is to promote the development of e-NG in a reliable, affordable, and sustainable way.

The coalition aims to achieve three main objectives. First, it seeks to promote the use of e-NG and foster the emergence of a global market for this synthetic fuel. Second, it aims to ensure that policymakers provide adequate support and harmonise regulation and standards to facilitate the adoption of e-NG. Lastly, the coalition aims to enhance collaboration among stakeholders along the entire value chain and across different geographical locations.

TotalEnergies is currently involved in the “Live Oak e-NG” project in partnership with Tree Energy Solutions (TES). This project aims to produce 100,000 to 200,000 tonnes of e-NG annually in the United States by 2030. The expertise gained from this project, along with TotalEnergies’ experience in renewable power generation, large-scale project management, gas liquefaction, and green hydrogen project development, will benefit the e-NG Coalition.

Stéphane Michel, president of gas, renewables & power at TotalEnergies, emphasised the company’s commitment to the establishment of a global coalition for the development of e-NG. He highlighted the importance of e-NG in facilitating the decarbonisation of industrial activities that are difficult to electrify, while utilising existing infrastructure.

For more information visit www.totalenergies.com

Energy company Mabanaft, has signed a letter of intent with US-based Pattern Energy. Under the terms of the letter of intent, Mabanaft and Pattern Energy intend to consider a potential transaction for the supply to Mabanaft of green ammonia. The green ammonia would be produced by Pattern Energy at the Port of Argentia, in the Canadian province of Newfoundland and Labrador, starting in 2027.

The green ammonia production would require a new production facility with an estimated production capacity of 400 tonnes of ammonia per day. As part of the LOI, Mabanaft also plans to evaluate the opportunity to potentially become a co-investor next to Pattern Energy and share ammonia and infrastructure expertise. The green ammonia, produced with wind energy and hydroelectricity, is expected to make an important contribution to supplying industry in northern Germany and beyond with energy from renewable sources.

LOI signed in the presence of German Economics Minister Habeck and Canadian Energy Minister Wilkinson 

The LoI was signed by representatives of both companies at Mabanaft’s headquarters in Hamburg in the presence of the German Federal Minister for Economic Affairs and Climate Action Habeck, the Canadian Minister for Energy and Natural Resources Wilkinson and Hamburg’s Senator for Economic Affairs Leonhard. Habeck and a political delegation from Canada also visited Mabanaft as part of their jointly organised German-Canadian Hydrogen and Ammonia Producer-Offtaker Symposium in Hamburg on 18 March 2024. The delegation trip included visits to companies in Hamburg that are engaged in hydrogen production, hydrogen storage or hydrogen use.

Hamburg’s Senator for Economic Affairs Dr Melanie Leonhard: “The planned collaboration will bring energy from Canadian wind to Hamburg! In future, hydrogen and its derivatives are to be produced with wind energy in the windy region and then transported by ship to the German hydrogen capital, Hamburg. Thanks to the strong industry here, there is security of supply for the energy-intensive industries. Through cooperation between the Port of Hamburg and our Canadian partners, we will help to create the necessary infrastructure on the Canadian side.”

Green ammonia from Canada an indispensable component in ramping up hydrogen industry in Germany 

The “New Energy Gate” in Hamburg is also set to play a key role in Mabanaft’s planned imports of green ammonia. The planned New Energy Gate Hamburg is to become Mabanaft’s first major hub for the import, storage and processing of fuels from renewable energy sources. In November 2022, Mabanaft announced plans to build up an import terminal for green energy in the Port of Hamburg, with the US company Air Products as an anchor customer. Volker Ebeling, senior vice president new energy, Supply and Infrastructure at Mabanaft, says: “We are absolutely convinced that hydrogen and its derivatives will play a key role in the energy supply of industrialised nations. The Letter of Intent we have signed today with Pattern Energy is a renewed commitment to this path.”

Cary Kottler, chief development officer of Pattern Energy says: “Pattern Energy is thrilled to be working closely with Mabanaft on the further development of the Argentia Renewables project in Newfoundland & Labrador. As a renewable energy leader in North America, Pattern Energy seeks to partner with energy industry leaders in Europe to fully develop the potential of green fuels production and export infrastructure in North America. The Argentia Renewables project is well positioned to be an early mover in the green hydrogen economy and will serve as an important element in Europe’s energy transition.”

For more information visit www.mabanaft.com

ADNOC announced today the signing of a 15-year Heads of Agreement with SEFE Marketing & Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, for the delivery of 1 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 has been designed to run on clean power and will leverage the latest technologies and artificial intelligence tools to drive efficiency. This is the second long-term LNG supply agreement from the Ruwais LNG project, following the 15-year agreement with China’s ENN Natural Gas signed in December 2023. The deliveries are expected to start in 2028, upon the commencement of the facility’s commercial operations.

Fatema Al Nuaimi, executive vice president, downstream business management at ADNOC, said: “This LNG agreement, the first with a European company from the Ruwais lower-carbon LNG project, underscores ADNOC’s position as a reliable and responsible global energy provider. Gas accounts for almost a quarter of Germany’s primary energy use, and we look forward to supporting its efforts to diversify its energy sources and enhance its energy security.”

This LNG supply agreement reinforces the Energy Security and Industry Accelerator agreement, signed by the UAE and Germany in 2022, further strengthening bilateral cooperation in energy security, decarbonisation, and climate action. It builds upon ADNOC’s delivery of the first LNG cargo from the Middle East to Germany in 2023.

Frédéric Barnaud, chief executive officer of SEFE marketing & trading and chief commercial officer of SEFE, said: “SEFE and ADNOC have a long and productive partnership, spanning over 15 years. This LNG supply agreement for the Ruwais LNG project, set to be one of the lowest-carbon-intensity LNG projects in the world, marks the start of a new chapter. We aim to further build on our existing relationship and explore joint low-carbon energy developments.”

Natural gas plays a crucial role as a transitional fuel, generating lower carbon emissions compared to other fossil fuels. The Ruwais LNG project is set to be the first LNG export facility in the Middle East and North Africa to run on clean power. When completed, the project, which consists of two 4.8 mm tpa LNG liquefaction trains with a total capacity of 9.6 mm tpa, will more than double ADNOC’s LNG production capacity to around 15 mm tpa to help meet increased global demand for natural gas. The project is being designed to leverage AI, digitalization, and the latest advanced technology to drive efficiency and safety across the new facility.

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.

For more information visit www.adnoc.ae

Congratulations are in order for the team at the Vopak Veracruz Terminal in Mexico, as they celebrate an impressive milestone of 3 years without any reportable incidents.

This remarkable achievement underscores the terminal’s steadfast dedication to maintaining a safe working environment, where no injuries or spills have occurred during this period. The collective efforts and unwavering commitment of the team in prioritising safety above all else are truly commendable.

At Vopak, safety is paramount, and the company is deeply committed to ensuring that every employee can return home safely at the end of each working day.

This milestone at the Veracruz Terminal serves as a testament to Vopak’s enduring commitment to safety. The team is encouraged to continue their excellent work and to always keep safety a top priority.

for more information visit www.vopak.com

Australia Pacific LNG has sealed two new gas sale agreements, solidifying its commitment to the domestic market by supplying a total of 11.2PJ to energy retailers Origin and Shell Energy. These agreements boost Australia Pacific LNG’s contribution to the domestic market for the 2024 calendar year to over 150 PJs.

The completion of these agreements marks the conclusion of Australia Pacific LNG’s Expression of Interest process, through which an additional 70 PJ of gas was offered to the East Coast domestic market for supply between April 1 and December 31, 2024.

Khoa Dao, chief executive officer, highlighted the significance of the EOI process in demonstrating Australia Pacific LNG’s dedication to ensuring ample supply in the domestic market. He emphasised the importance of supplying additional gas volumes during the winter period, when demand typically peaks.

The EOI process was conducted in accordance with Australia Pacific LNG’s commitments under the Federal Government’s Heads of Agreement and Gas Market Code of Conduct, reaffirming the company’s adherence to regulatory standards and industry best practices.

For more information visit  www.aplng.com.au

Marathon Petroleum Corporation has once again demonstrated its commitment to energy efficiency, with five of its refineries and one office building receiving 2023 ENERGY STAR certifications from the US Environmental Protection Agency. These certifications signify that these facilities rank in the top 25 percent of similar facilities nationwide in terms of energy performance.

MPC’s refineries in Anacortes, Washington; Canton, Ohio; Garyville, Louisiana; Robinson, Illinois; and St. Paul Park, Minnesota, have been recognised for their exceptional energy efficiency. These refineries have consistently achieved superior energy performance, with several of them earning certifications consecutively for many years.

The certification process involves meeting stringent criteria, including surpassing energy efficiency benchmarks and maintaining outstanding environmental compliance records. Professional engineers verify the accuracy of the energy performance data submitted by each facility.

Notably, MPC’s refineries have collectively reduced energy consumption by about 20 billion British thermal units per day compared to baseline levels, equivalent to the energy consumption of approximately 48,500 homes in a year. Since refineries became eligible for ENERGY STAR certification in 2006, MPC has received more certifications than all other refining companies combined.

Additionally, MPC’s San Antonio, Texas, office building has also been recognised for its energy efficiency, marking its fourth consecutive ENERGY STAR certification. These certifications highlight MPC’s ongoing efforts to reduce greenhouse gas emissions and contribute to a more sustainable future.

The ENERGY STAR program, initiated by the EPA in 1992, encourages voluntary partnerships to enhance energy efficiency and reduce greenhouse gas emissions. By operating more efficiently, certified commercial buildings and industrial plants like those of MPC not only save energy but also help mitigate emissions associated with electricity generation.

For more information visit www.marathonpetroleum.com

Baker Hughes, an energy technology company, has achieved a breakthrough in flare emissions monitoring through a collaboration with BP.

Utilising Baker Hughes’ emissions abatement technology, flare.IQ, bp is now able to quantify methane emissions from its flares, introducing a novel application for the upstream oil and gas sector.

In an effort to address the challenge of quantifying methane emissions from flares, BP and Baker Hughes conducted one of the largest full-scale studies of flare combustion. This comprehensive study involved testing a variety of flares under challenging conditions to validate the accuracy of the flare. IQ technology.

With real-time data provided by flare.IQ at 65 flares across seven regions, BP can now take proactive measures and intervene early to reduce emissions from flaring activities.

Fawaz Bitar, BP’s senior vice president of Health, Safety, Environment, and Carbon, emphasised the significance of this collaboration, stating, “BP’s transformation is underway… Through our long-standing partnership with Baker Hughes, we have progressed technology and implemented methane quantification for oil and gas flares, helping us to achieve the first milestone of our Aim 4.”

Ganesh Ramaswamy, executive vice president of industrial and energy technology at Baker Hughes, highlighted the importance of technological innovation in addressing challenges within the energy sector. He stated, “Our collaboration with BP is an important landmark and a further illustration that technology is a key enabler for addressing the energy trilemma of security, sustainability, and affordability.”

Part of Baker Hughes’ Panametrics product line portfolio, Flare IQ leverages four decades of ultrasonic flare metering technology experience. Its advanced analytics platform enables operators to extract critical information from flare systems, facilitating improved combustion efficiency and reduced emissions.

flare. IQ provides emissions reporting based on real-time measurements, ensuring compliance with OGMP 2.0 level 4 standards. Alongside flare.IQ, Baker Hughes offers a comprehensive portfolio of emissions abatement technologies aimed at enhancing productivity, efficiency, and value across customer operations.

For more information visit: www.investors.bakerhughes.com

In a strategic move towards advancing clean energy initiatives, a memorandum of understanding has been inked between CIP and LOTTE, aimed at fostering collaboration on clean ammonia projects.

Under the agreement, the two entities commit to engaging in discussions and finalising agreements pertaining to the supply, purchase, and sale of blue ammonia to LOTTE from CIP’s St. Charles Project in Louisiana, U.S., as well as green ammonia from CIP’s Murchison Project in Australia.

Furthermore, CIP and LOTTE express their intention to initiate discussions regarding the development and investment in low-carbon ammonia projects on a global scale. Additionally, they plan to explore potential collaboration opportunities in infrastructure bunkering and other sectors associated with low-carbon ammonia.

JinKoo Hwang, CEO and head of the Hydrogen Business Group at LOTTE Chemical Corporation, expressed enthusiasm about the collaboration with CIP, highlighting CIP’s esteemed position as a global leader in greenfield renewable energy investments. He underscored the pivotal role of the Korean government’s supportive policies in driving energy transition initiatives, positioning Korea as a rapidly growing market for clean hydrogen and ammonia.

Søren Toftgaard, partner at CIP, emphasised the coexistence of blue and green ammonia as integral components in the gradual transition from fossil-based production methods. He outlined the significant opportunities for both types of ammonia in regions such as the U.S., Europe, and Asia. Toftgaard lauded the partnership with LOTTE as a crucial step towards advancing ammonia project development and offtake to Korea, foreseeing it as a catalyst for unlocking further opportunities for CIP’s Energy Transition Fund.

Blue ammonia, leveraging a low-carbon approach by integrating traditional ammonia synthesis with carbon capture and storage, holds the potential to expedite the energy transition journey. Meanwhile, the production of green ammonia at scale is progressively maturing, contributing to the sustainable evolution of the energy landscape.

For more information visit: cipartners.dk

Rotary Engineering is proud to announce that Rotary-Thai Construction has been honoured with the prestigious ExxonMobil Global Projects President’s Safety, Security, Health, and Environment (SSH&E) award.

This accolade recognises Rotary-Thai Construction’s outstanding achievement of surpassing 30 million safe manhours throughout the CRISP project, showcasing exemplary dedication to safety protocols and procedures.

This remarkable accomplishment marks Rotary Engineering’s third receipt of this esteemed recognition, underscoring their unwavering commitment to upholding the highest standards of safety, quality, and productivity across all their projects.

The company extends their heartfelt gratitude to ExxonMobil Global Projects for this honour and reaffirms their pledge to maintain and enhance their safety, security, health, and environmental practices as they continue to deliver excellence in their projects.

For more information visit: www.rotaryeng.com.sg

For over 14 years, Kinder Morgan has been a vital participant in the global effort to unravel the mysteries of the universe through its involvement in the DarkSide Project.

Led by Princeton University’s Professor of Physics, Cristiano Galbiati, and engaging 400 scientists worldwide, the DarkSide Project focuses on extracting exceptionally pure argon from a Kinder Morgan site in Colorado. This high-purity argon is anticipated to offer crucial insights into dark matter, which constitutes a substantial portion of the universe’s matter.

At the core of this endeavour lies Kinder Morgan’s Doe Canyon Deep unit in Southwest Colorado. While primarily dedicated to CO2 extraction, Doe Canyon Deep yields low-radioactivity argon, a key resource for the DarkSide Project.

In December 2023, the High Energy Physics Advisory Panel identified the DarkSide Project and the extraction of argon from Doe Canyon Deep as top priorities for the U.S. DOE’s Office of Science and the U.S. National Science Foundation over the next decade.

This year, with support from a grant from the National Science Foundation, Princeton University and the University of Houston will commence the installation and commissioning of an industrial-scale structure housing a processing plant constructed in Italy by the Istituto Nazionale di Fisica Nucleare. Concurrently, Kinder Morgan has completed construction on a metre skid and pipeline to connect the argon extraction plant to Doe Canyon Deep, with the plant expected to be operational by late 2024.

Once operational, the extracted argon will be transported to Italy for processing and integration into the DarkSide 20k particle detector. This detector is a critical tool in analysing the characteristics of dark matter and is scheduled to commence operations in 2025.

Casey Zweig, Kinder Morgan’s CO2 director of operations engineering, expressed, “As the DarkSide Project progresses, it embodies the spirit of collaboration, innovation, and discovery. Kinder Morgan’s involvement underscores the significance of public-private partnerships in advancing scientific frontiers. Plus, this kind of work is just cool!”

With Kinder Morgan’s support, the DarkSide Project heralds a new era of exploration, leveraging resources and expertise to comprehend the fundamental mysteries of the universe.

For more information visit: www.kindermorgan.com

Vopak is actively collaborating with its partners, Fortescue, the Maritime and Port Authority of Singapore, research institutes, and industry partners to advance the energy transition.

Rob Boudestijn, president of the business Unit Singapore at Vopak, expressed the company’s pride in its role as specialists in ammonia storage and handling. He highlighted Vopak’s significant experience in handling ammonia, spanning over 20 years and encompassing six ammonia storage locations globally. Boudestijn reiterated Vopak’s commitment to promoting safety excellence and supporting the decarbonisation of energy and end-product value chains. He emphasised that this transition towards sustainability would be a long-term journey, and Vopak is dedicated to leveraging its expertise and assets to aid Singapore in achieving a sustainable future.

Boudestijn extended congratulations to the Maritime and Port Authority of Singapore, Fortescue, and other partners for their successful collaboration in this endeavour.

For more information visit: www.vopak.com

Texas LNG, a subsidiary of Glenfarne Energy Transition, LLC, and a four million metric tonnes per annum liquefied natural gas export terminal slated for construction in the Port of Brownsville, has garnered sufficient expressions of interest from leading project finance banks, propelling it towards the execution phase of project financing. Glenfarne has enlisted Latham & Watkins as the borrower’s counsel and Milbank as the lenders’ counsel for the issuance.

The lenders involved have been steadfast supporters of Glenfarne, having spearheaded over $4 billion in financing for Glenfarne’s enterprises over the past decade, facilitating the acquisition and/or development of various energy transition-focused assets. Moreover, these banks boast active involvement in LNG, having contributed approximately $44 billion of project finance debt to the U.S. LNG sector alone in the last 24 months.

“Texas LNG’s financing consortium will be comprised of the world’s leading institutions that recognise the attributes of the project and Glenfarne’s excellent history of building energy transition infrastructure,” stated Brendan Duval, CEO and founder of Glenfarne Energy Transition.

This development follows Texas LNG’s recent announcement of signing a Heads of Agreement with EQT Corporation for natural gas liquefaction services for 0.5 MTPA of LNG. Additionally, Texas LNG has unveiled partnerships with Baker Hughes and ABB to aid in the terminal’s development, representing equipment selections worth more than half a billion dollars for Texas LNG thus far.

The inaugural LNG exports from Texas LNG are anticipated to commence in 2028.

For more information visit: www.texaslng.com

JGC Holdings Corporation, led by representative director and CEO Masayuki Sato, announced today that JGC Corporation, in collaboration with Technip Energies and NPCC, has been granted a Limited Notice To Proceed from ADNOC to initiate early engineering, procurement, and construction activities for the Ruwais low-carbon LNG Project in Al Ruwais Industrial City, Abu Dhabi.

The project encompasses two natural gas liquefaction trains with a combined LNG production capacity of 9.6 Mtpa. Distinguished by its utilization of electric-driven motors in lieu of conventional gas turbines, the plant will be powered by clean energy.

Positioned as the inaugural LNG export facility in the Middle East and North Africa region to operate on clean power, the Ruwais low-carbon LNG Project is poised to become one of the world’s lowest-carbon-intensity LNG plants.

This initiative will notably bolster ADNOC’s LNG production capacity, aligning with burgeoning global natural gas demand and the imperative shift towards decarbonisation.

Farhan Mujib, representative director and president of JGC, expressed, “We are deeply honoured to partake in this groundbreaking low-carbon LNG roject. Aligned with the global thrust towards decarbonisation, the JGC Group is steadfastly advancing energy transition efforts, with this project squarely within the ambit of our strategic direction. We pledge to leverage our expertise and experience for the success of the Ruwais low-carbon LNG Project, drawing upon our extensive track record in the LNG domain. We firmly believe this endeavour will contribute to the project’s success and bolster economic growth in the UAE.”

Arnaud Pieton, CEO of Technip Energies, remarked, “LNG stands as a pivotal energy source on the trajectory towards net zero, and Technip Energies remains committed to facilitating its continued advancement while effectively addressing the growing demand for emissions reduction within the industry. The Ruwais LNG project epitomises the future by pioneering a decarbonised LNG industry. By employing zero-carbon energy sources to energise electrified LNG trains, we are setting a new benchmark for LNG production. This project not only fortifies our enduring partnership with ADNOC but also underscores our leadership in low-carbon LNG. We take pride in our involvement in this project, which seamlessly aligns with our vision of enabling net-zero solutions and confronting the imperative of delivering affordable, accessible, and sustainable energy.”

Ahmed Al Dhaheri, CEO of NPCC, added, “We are immensely honoured to be entrusted with the Ruwais low-carbon LNG Project alongside our esteemed partners, marking a significant stride towards environmental sustainability and global energy transition. The adoption of clean energy for LNG production establishes a groundbreaking industry standard, significantly curbing carbon emissions and charting a course towards a cleaner future. We take pride in our participation in a project that not only secures energy resources but also showcases the UAE’s leadership in driving the energy transition.”

For more information visit : www.jgc.com

ROSEN Group, a leading asset integrity management company delivering solutions for all areas of the integrity process chain of industrial assets, is proud to announce the launch of its redesigned website, aimed to provide an enhanced user experience, greater accessibility for visitors, and to reflect the company’s renewed corporate design.
As an innovation-driven technology group, ROSEN empowers its customers to make the best decisions for the performance, integrity, and lifetime extension of their critical industrial assets. The innovative solutions and outstanding services are based on the company’s exceptional expertise in multiple technology areas, combined with advanced digital and AI-based capabilities, and serve to protect the environment and secure a sustainable future.

The ROSEN Group has undergone a transformation process to refocus on the energy markets of the future and is now entering a new era. With the vision of being a mission-critical partner for customers by ensuring optimal performance of industrial assets with zero incidents, ROSEN is clearly committed to its purpose: Ensuring a sustainable future – empowered by technology. In addition, this underlines the company’s long-term vision and approach to tackling global sustainability challenges and underlines its strategic response to climate change. The new revamped website reflects this change in an impressive way. It features a modern design, streamlined navigation, and improved functionality to better serve ROSEN’s diverse customer base. With a focus on user-centric design principles, the new website offers intuitive navigation that makes it easier than ever for visitors to learn about ROSEN, its technologies, R&D capabilities, and career opportunities.

Erik Cornelissen, Co-CEO of ROSEN said on the occasion of the website launch: “We are proud to announce that our company is steadfast in its growth trajectory and continually advancing towards our high market ambitions. Our unwavering commitment to innovation and customer satisfaction drives us forward as we expand our impact. Together, we will continue to pursue excellence and write the next chapter of our success story, reflected in the now publicly presented ‘new ROSEN’ on our website.”
As we enter the next phase of the company’s development, our dedicated C-level management team brings decades of combined market and management expertise, with many years of experience at ROSEN and in the industries we serve. Holger Hennerkes, Co-CEO adds: “We are thrilled to unveil our new website, which not only offers our customers and partners an exceptional online experience. With its sleek design, intuitive navigation, and updated content, we believe our new website will serve as a valuable resource for visitors seeking information about our company and offerings.”

ROSEN believes in the power of technology and innovative solutions to secure a more sustainable future for customers and their assets.

For more information visit: www.rosen-group.com

Worley, a leading global provider of professional services to energy, resources, and complex process industries, has been awarded two project management service contracts for Saudi Aramco’s unconventional gas programme in North and South Arabia and Jafurah.

Under these contracts, Worley will deliver front-end engineering design, detailed design support, project management services, and construction management services to support Aramco’s ambitious gas production initiatives.

The contracts, each spanning three years with an option for a further two-year extension, highlight Worley’s strategic role in driving the development of Saudi Arabia’s natural gas sector. The company will undertake the project management work from its Al-Khobar and Houston offices, leveraging its global expertise and regional presence to ensure seamless project execution.

Eissa Aqeeli, senior vice president and location director for Saudi Arabia and Bahrain at Worley, commented on the significance of the project, stating, “This project demonstrates Worley’s commitment to boosting the regional economy, and we look forward to supporting Saudi Aramco to expand its natural gas production.”

The contracts mark another milestone in Worley’s long-standing partnership with Aramco and reinforce the company’s position as a trusted advisor and service provider in the energy sector.

For more information visit www.worley.com.

Assentech, a renowned company in the tank storage industry, has been honoured with the prestigious Gold Award for their groundbreaking Vent-Less Test Bench at the 2024 Global Tank Storage Awards.

The company is ecstatic to have secured the top position in the Environmental Performance category, recognising their unwavering dedication to reducing emissions, bolstering safety measures, and creating a positive influence on a global scale.

This remarkable achievement serves as a testament to Assentech’s steadfast commitment to the tank storage industry and their continuous efforts to drive innovation and sustainability.

For more information visit www.assentech.co.uk

NextDecade Corporation has provided a comprehensive update on its developmental and strategic activities for the fourth quarter of 2023 and early 2024, outlining significant progress in various key areas.

CEO Perspective

Matt Schatzman, chairman and CEO of NextDecade, reiterated the company’s commitment to maximising long-term value for shareholders through efficient execution of its business strategy. He emphasised the focus on the safe, timely, and budget-conscious construction of Phase 1 at the Rio Grande LNG Facility, alongside a positive final investment decision for the expansion capacity to meet growing global demand for LNG.

Project Development and Construction

Under the EPC contracts with Bechtel Energy Inc., Phase 1 progress for Trains 1, 2, and common facilities, as well as Train 3, is proceeding in line with schedules. Notable milestones include significant completion percentages for engineering, procurement, and construction activities across the Rio Grande LNG Facility.

Strategic and commercial initiatives

NextDecade has initiated front-end engineering and design and EPC contract processes for Train 4, alongside discussions with potential LNG buyers. Progress in the EPC contracting and commercial fronts aligns with the target of reaching a positive FID for Train 4 in the latter half of 2024.

Financial Updates

Rio Grande LNG’s financial structuring includes reducing exposure to interest rate movements and securing financing through senior secured loans and revolving credit facilities. Recent financial transactions, including the issuance of senior secured notes and the syndication of bank credit facility commitments, bolster the funding framework for Phase 1 construction.

Rio Grande LNG Facility Overview

Construction and development activities at the Rio Grande LNG Facility are progressing, with Phase 1 encompassing three liquefaction trains and associated infrastructure. Recent construction efforts include foundation concrete pours, piling activity for LNG tanks, and shoreline restoration programmes.

Future expansion plans

NextDecade targets a positive FID for Train 4 and subsequent expansion projects, leveraging partnerships and financial mechanisms to support growth initiatives. TotalEnergies SE holds LNG purchase options, further bolstering market prospects for future train expansions.

Investor Presentation and About NextDecade Corporation

NextDecade has released an updated investor presentation concurrently with this announcement, providing insights into its strategic roadmap and operational developments. As an energy company committed to advancing sustainable LNG and carbon capture solutions, NextDecade aims to contribute to a net-zero future while delivering value to stakeholders.

For more information visit www.next-decade.com.

For decades, SOLIFLO has been a trusted partner for terminals and depots across the sub-Saharan region, initially focusing on supplying loading arms and safe tanker access systems. However, as the industry evolved, so did SOLIFLO. Today, the company offers fully integrated systems encompassing flow metering, additive and blending solutions, as well as vapour recovery and destruction solutions. Moreover, SOLIFLO actively collaborates with oil companies and operators to elevate their tank and terminal storage facilities to international standards.

Phil Dawson, director at SOLIFLO, highlights the company’s recent advancements, stating, “Great strides are also being made in automated terminal management and in-transit monitoring and tracking of product.” He further notes SOLIFLO’s successful completion of the first of many terminal automation and additive systems for a major European company operating in East Africa.

Reflecting on the industry landscape, Dawson acknowledges the challenges posed by outdated infrastructure and underinvestment. However, he expresses optimism about the sector’s growth potential, particularly in light of declining refining capacity and the departure of oil majors from the continent. Dawson emphasises SOLIFLO’s commitment to driving transformation and improvement within the industry.

In the South African context, SOLIFLO has established strong partnerships with key players in the oil industry, including BP Southern Africa, Astron Energy, Engen Petroleum, PetroSA, Sasol Oil, Shell South Africa, TotalEnergies South Africa, Vopak, Bidvest Tank Terminals, and Oiltanking. Dawson underscores SOLIFLO’s role in providing comprehensive solutions that not only meet operational needs but also address environmental and sustainability challenges.

Despite the confidentiality requirements imposed by client agreements, Dawson hints at SOLIFLO’s involvement in significant projects, highlighting the company’s recent success in securing a substantial petroleum industry tender.

SOLIFLO’s commitment to service excellence is evident through its locally and internationally trained technical service team members, who boast extensive experience in the fuel, chemical, loading, and unloading sectors. Dawson notes that these teams are in high demand, both domestically and internationally, for global project management work, including the assembly, installation, and commissioning of marine loading arms.

As a frontrunner in liquid control and tank loading and unloading in Africa, SOLIFLO continues to lead the industry through innovation, collaboration, and a steadfast commitment to excellence.

for more information please visit: www.soliflo.co.za

ADNOC has made a significant announcement regarding its low-carbon liquefied natural gas project in Al Ruwais Industrial City, Abu Dhabi. The company revealed that it had issued a limited notice to proceed for early engineering, procurement, and construction activities to a joint venture. This joint venture, led by Technip Energies and comprising JGC Corporation and National Petroleum Construction Company PJSC, is tasked with advancing the project’s development.

The Ruwais LNG project, anticipated to reach its final investment decision later this year, is poised to mark a groundbreaking milestone in the Middle East and North Africa region. It is set to become the first LNG export facility in the region to operate on clean power, positioning it as one of the world’s lowest-carbon-intensity LNG plants.

Fatema Al Nuaimi, executive vice president of downstream business management at ADNOC, expressed the strategic significance of the Ruwais LNG project. Al Nuaimi highlighted its role in strengthening ADNOC’s position as a dependable global natural gas supplier, thereby enhancing global energy security. Additionally, she emphasized the project’s potential to bolster the economy of the Al Dhafra region by stimulating the local industrial ecosystem, attracting investments, and establishing an essential energy trade gateway in Al Ruwais Industrial City.

Upon completion, the Ruwais LNG project will feature two liquefaction trains, each with a capacity of 4.8 million metric tons per annum, resulting in a combined capacity of 9.6 mmtpa. This expansion will more than double ADNOC’s current LNG production capacity, elevating it from 6 mmtpa to approximately 15 mmtpa.

ADNOC’s commitment to decarbonization, sustainability, and innovation is underscored by its investment in the low-carbon LNG project in Al Ruwais Industrial City. Recognizing natural gas as a crucial transition fuel, the project epitomizes ADNOC’s dedication to pioneering environmentally responsible practices within the energy sector.

for more information please visit : www.adnoc.ae

Apeiron Bioenergy, a prominent used cooking oil collector in Asia, and Jet Zero Australia, an Australian bioenergy firm backed by Airbus and Qantas, have joined forces in a proposed 50:50 joint venture. This strategic partnership aims to develop low-carbon-intensity feedstocks in Australia to meet the growing demand for renewable fuels, focusing on sourcing waste oils and producing non-edible crops for hydrotreated esters and fatty acids used in sustainable aviation fuel production.

The collaboration between Apeiron Bioenergy and Jet Zero Australia has received grant funding from Enterprise Singapore and the Australian Department of Foreign Affairs and Trade under the Go Green Co-Innovation Program. This programme, established to foster co-innovation between Australian and Singaporean enterprises, aims to stimulate business activities that promote bilateral trade across green growth sectors, including renewable fuels.

Recent Project Workshop (L-R): David Johnston (Jet Zero Australia), Sheri Zuleika (Apeiron), Catherine Wong (Apeiron), Ketti Ketmontri (Jet Zero Australia), Michael Pope (Jet Zero Australia), Edward Choi (Apeiron) and Jayvis Lim (Apeiron).

Under the proposed joint venture, Apeiron Bioenergy will leverage its expertise in waste-based feedstock collection, while Jet Zero Australia will focus on domestic investments in non-edible crop processing and refining. Both companies will contribute capital to the partnership, facilitating the development of renewable feedstock production, processing, and refining capabilities in Australia.

Through this collaboration, Apeiron Bioenergy and Jet Zero Australia anticipate enhancing the capacity of Australian feedstocks and renewable fuels to meet the needs of their respective customers.

Apeiron Bioenergy, headquartered in Singapore, is a leading global player in biofuels derived from waste-based feedstocks, with operations spanning ten countries across Asia. The company boasts a comprehensive value chain encompassing storage, processing facilities, and biofuel refineries.

Jet Zero Australia is an Australian biofuel company with strong capabilities in biofuel production and engineering, focusing on sustainable fuel projects in North Queensland. Supported by industry leaders such as Airbus and Qantas, Jet Zero Australia aims to decarbonize the aviation sector through the production of sustainable fuels.

Commenting on the partnership, Jet Zero Australia’s CEO, Ed Mason, expressed excitement about collaborating with Apeiron Bioenergy, highlighting the potential of Australia to become a global leader in renewable fuel production. He also acknowledged the support received from the Australian and Singaporean governments through the Go-Green Co-Innovation Programme.

Chris Chen, co-founder of Apeiron Bioenergy, echoed Mason’s sentiments, emphasising the shared commitment of both companies to drive the transition towards sustainable energy sources. He praised the grant awarded under the Go-Green Co-Innovation Programme, emphasising its significance in advancing the development of sustainable aviation fuels and strengthening bilateral ties between Australia and Singapore in the green sector.

For more information please visit : jetzero.com.au

Saudi Arabia’s state-owned oil giant, Aramco, has released its financial results for the full year of 2023, revealing a robust performance despite challenges in the global energy market. With a net income of $121.3 billion, the company achieved its second-highest ever earnings, showcasing resilience and adaptability in a dynamic economic landscape.

The financial highlights of Aramco’s performance in 2023 include a significant increase in total dividends paid, which rose by 30 percent to reach $97.8 billion compared to the previous year. The board of directors also approved a 4 percent year-on-year increase in the base dividend for the fourth quarter of 2023, amounting to $20.3 billion, to be disbursed in the first quarter of 2024. Additionally, a 9 percent increase in performance-linked dividend distribution was declared, with $10.8 billion allocated, marking a notable enhancement in shareholder returns.

Despite a slight decrease in net income compared to the previous year, Aramco maintained strong cash flows from operating activities, amounting to $143.4 billion. Free cash flow stood at $101.2 billion, underscoring the company’s solid financial position. The gearing ratio, a key indicator of financial leverage, improved to -6.3 percent by the end of 2023, reflecting Aramco’s prudent financial management.

Operational highlights for 2023 demonstrate Aramco’s commitment to strategic growth and diversification. The company continued to invest in expanding its hydrocarbon production, with an average daily output of 12.8 million barrels of oil equivalent, including 10.7 million barrels per day of total liquids. Notably, Aramco raised its gas production growth target to more than 60 percent by 2030, signalling a strategic shift towards cleaner energy sources.

Aramco has made significant strides in its downstream expansion efforts, strengthening its presence in key global markets while focusing on value creation. The company’s first international investment in LNG represents a strategic milestone in portfolio diversification and market expansion. Furthermore, Aramco’s commitment to renewables was evident through its participation in solar projects, reflecting a forward-looking approach to sustainable energy development.

In addition to operational achievements, Aramco pursued corporate development initiatives to enhance its supply chain ecosystem and leverage cutting-edge technologies. The company’s inclusion of the Yanbu Refinery in the World Economic Forum Global Lighthouse Network underscores its leadership in deploying innovative solutions for operational excellence and environmental sustainability.

Overall, Aramco’s full-year 2023 results highlight its resilience, agility, and strategic vision in navigating evolving market dynamics. As the company continues to adapt to changing energy landscapes and explore new opportunities, it remains committed to delivering value to its shareholders and stakeholders while contributing to global energy security and sustainability.

For more information visit :www.aramco.com

Recovered, fossil-free waste heat from the European Spallation Source is set to be integrated into the district heating network in Lund, Sweden, with Alfa Laval supplying heat exchangers made from emission-free steel from SSAB to ensure optimal energy efficiency.

District heating networks, as highlighted by the International Energy Agency, play a crucial role in achieving net zero emissions by 2050. These systems are projected to provide about 20 percent of global space heating needs by 2030, reflecting their growing importance in sustainable energy solutions.

ESS’s connection to the district heating network will contribute fossil-free waste heat to southern Sweden’s district heating system. Alfa Laval’s provision of heat exchangers, including Concept ZeroTM made with SSAB ZeroTM emission-free steel, underscores the commitment to sustainability within the solution.

Julien Gennetier, vice president of the energy division at Alfa Laval, emphasised the collaborative nature of the initiative in driving the energy transition and developing more sustainable cities.

ESS director general Helmut Schober expressed pride in the initiative, aligning with the facility’s mission to address global challenges through research in the material and life sciences.

Sezgin Kadir, CEO of Kraftringen Energi, highlighted the importance of smart local energy sector solutions in minimising energy waste and contributing to the global climate transition.

Carin Kuylenstierna, head of strategy & sustainability at E.ON, noted the solution’s alignment with their globally launched heating and cooling solution, E.ON ectogridTM, and its contribution to waste heat reuse.

Anders Almgren, mayor and chairman of the city executive committee in the City of Lund, emphasised the significance of the initiative in the city’s journey towards climate neutrality by 2030.

Thomas Hörnfeldt, vice president of sustainable business at SSAB, stressed the importance of partnerships like these in meeting climate goals through collaborative efforts across the value chain.

The strategic partnership exemplifies the imperative of utilising existing technologies to advance sustainable and efficient cities globally, marking a significant milestone in this journey.

For more information visit: www.alfalaval.com

Avfuel Corporation and Neste have recently finalised an extension of their partnership, reaffirming their dedication to leading the way in sustainable aviation fuel supply for the business aviation sector. The agreement, which extends the partnership until December 2027, solidifies the framework for continued collaboration between the two companies.

Since the inception of their partnership in 2021, Avfuel’s uptake of SAF has experienced remarkable growth, with volumes tripling each year. Building on this momentum, Avfuel plans to triple its offtake from Neste once again in 2024, with expectations of continued growth in the years ahead.

The new agreement with Neste reflects a commitment to accommodate this rapid expansion, ensuring a stable and sustainable supply chain for Avfuel and its fuel-consuming customers. Keith Sawyer, Avfuel’s manager of alternative fuels, emphasised the significance of the agreement, stating, “This agreement underscores our mutual commitment to reducing emissions and advancing the adoption of eco-friendly solutions in aviation.”

Alexander Kueper, vice president of renewable aviation at Neste, echoed this sentiment, expressing pride in extending the partnership with Avfuel and enabling customers to reduce emissions from air travel through the use of Neste MY Sustainable Aviation Fuel.

For more information visit www.neste.com

KMG and the Azerbaijani state oil company SOCAR have recently inked a significant agreement aimed at enhancing cooperation and collaboration within the energy sector. The agreement, signed in Baku, Azerbaijan’s capital, signifies a strategic partnership between the two entities, leveraging their respective strengths and expertise to drive mutual growth and development.

Under the terms of the agreement, KMG and SOCAR will explore various avenues of cooperation, including joint ventures, investment opportunities, and knowledge-sharing initiatives. The partnership is expected to span across multiple areas of the energy value chain, from exploration and production to refining, transportation, and distribution.

This collaboration holds immense significance for both Kazakhstan and Azerbaijan, two key players in the global energy landscape. By joining forces, KMG and SOCAR aim to bolster energy security, foster innovation, and promote sustainable development in the region and beyond.

Speaking about the agreement, representatives from both KMG and SOCAR expressed optimism about the opportunities it presents. They highlighted the potential for synergy and mutual benefit, emphasising the importance of strategic partnerships in navigating the evolving dynamics of the energy market.

The signing ceremony was attended by high-level officials from both companies, underscoring the commitment of KMG and SOCAR to deepening their cooperation for the benefit of their respective nations and the broader energy community. With shared goals and a shared vision, this partnership is poised to make a significant impact on the energy landscape of Central Asia and beyond.

For more information please visit : www.kmg.kz

Maire Group subsidiary Tecnimont has secured an EPCC  contract from SONATRACH through a competitive tendering process. The contract, valued at approximately USD 1.1 billion, is for the construction of a new linear alkyl benzene plant in the Skikda industrial zone, located 350 km east of Algeri.

The LAB plant will enable the production of cost-effective and biodegradable intermediates used in household detergents, industrial cleaners, and surfactants. Tecnimont’s strong track record in project execution and its longstanding presence in the country were key factors in winning the contract.

The project scope includes the construction of a new LAB plant with a production capacity of 100,000 tonnes per year, along with associated utilities, offsites, and interconnections with existing facilities. The project is scheduled for completion within 44 months from the effective date of the contract.

Alessandro Bernini, CEO of Maire Group, expressed pride in consolidating the company’s track record with SONATRACH and emphasised the strategic importance of the relationship between the two countries in the global energy supply scenario. The contract further strengthens Maire Group’s presence in Algeria and enhances its position as a global leader in the downstream petrochemical value chain.

For more information visit: www.mairetecnimont.com

As demands for the rapid development of a carbon capture, utilisation and storage infrastructure grow, major engineering and technology firms like Technip Energies are stepping up with the necessary expertise, workforce, and technologies. Carbon Capture World had the privilege of speaking with Julie Cranga, VP business development CO2 management at Technip Energies, to gain insights into the potential evolution of the carbon capture chain.

Contrary to some perceptions, carbon dioxide capture is not a novel concept but rather a mature technology that has been used for decades to remove unwanted CO2 from various industrial streams. Julie Cranga highlighted Technip Energies’ extensive experience in this field, stating, “At Technip Energies, we have a solid track record spanning over 65 years, offering multiple systems and leveraging technologies in energy, gas processing, CO2 management, and major infrastructure developments.” She emphasised the company’s capability to provide pre- and post-combustion carbon capture systems, including expertise in amine technology, which stands as today’s primary technology for carbon capture.

In Europe, the North Sea has become a focal point for CCS (carbon capture and storage) activities, buoyed by strong government support. Cranga elaborated on Technip Energies’ involvement in various reference projects across the region, including FEED projects for power plants and carbon capture units in countries like the UK, Norway, Denmark, and France.

Despite the modest number of current projects, Cranga expressed confidence in the increasing momentum behind CCS initiatives, driven by the imperative to combat climate change. However, she acknowledged the need for collaboration among multiple stakeholders to address challenges related to infrastructure, financing, and regulatory frameworks.

To ensure a solid business case for CCS installations, Technip Energies is focused on developing cost-effective solutions, including modular and standardised carbon capture systems. The company also invests in research and partners with promising start-ups to advance carbon capture technologies.

Looking ahead, Cranga sees a bright future for CCS, with opportunities to utilise captured CO2 for valuable purposes such as chemical production and e-fuels. She stressed the importance of adopting a holistic approach to carbon management, transforming CO2 from a waste product into a valuable resource.

For more information, please visit www.ten.com

Inter Terminals Sweden has achieved certification according to ISCC (Sustainability and Carbon Certification) for all four of its terminals: Gävle, Gothenburg, Malmö, and Södertälje. This certification not only allows Inter Terminals Sweden to collaborate with ISCC-certified companies but also positions it as a key player in the ISCC supply chain. Additionally, the certification simplifies the process for customers seeking to store renewable fuels at Inter Terminals Sweden.

Cecilia Lönnroth, commercial manager at Inter Terminals Sweden, expressed optimism about this development: “This is a step in the right direction for us, enabling our customers to handle sustainable products in all our terminals. We strive to assist our customers in increasing the number and volume of sustainable products they handle.”

To further enhance its understanding of the renewable energy sector, Inter Terminals Sweden is conducting an analysis of potential future demand. This analysis will inform plans for adapting infrastructure and operating permits to meet evolving needs. Lönnroth emphasised the company’s readiness to support both existing and new customers with top-notch renewables logistics and storage services, leveraging its ISCC certification and ongoing strategic planning.

For more information, please visit interterminals.com