PrePad, a cloud-based, SaaS startup focused on revolutionising drilling and completions time and cost estimating, is excited to announce a strategic investment from Devon Energy Corporation. This investment emphasises the role of PrePad in supporting Devon’s work to improve well cost and duration models while improving capital efficiency, empowering adjacent workflows and transparently enhancing drilling and completion decisions to maximise financial value drivers.

PrePad’s advanced simulation capabilities are poised to revolutionize the energy sector, enabling clients to move beyond traditional spreadsheet-based approaches. With this investment, a powerful partnership between PrePad and Devon Energy, with its five decades of innovation in the oil and gas industry, is set in motion. PrePad’s cutting-edge simulation technology will merge seamlessly with Devon’s extensive expertise.

Kyle Haustveit, manager of Devon Energy Ventures, shared his excitement about the partnership, stating, “Our collaboration with PrePad, a trailblazer in time and cost simulation within the energy sector, holds great promise. Insight into time and cost dynamics is indispensable in our operations, and we have full confidence in PrePad’s ability to augment our capabilities.”

PrePad’s mission is to empower customers with optimised drilling and completions strategies. In an era marked by dynamic shifts in the energy landscape, changing input costs and volatile commodity prices, PrePad’s software offers a purpose-built solution to replace cumbersome spreadsheets. By streamlining processes and enhancing accuracy, PrePad is poised to become the go-to solution for comprehensive cost and time analysis, with detailed integrated economics.

Sean Hervo, the co-founder and CEO of PrePad, conveyed his excitement regarding the partnership, saying, “The alignment of our visions for PrePad’s potential is truly exciting. Collaborating with Devon Energy and gaining access to their expertise will provide the PrePad team with invaluable insights to enhance our go-to-market approach as we continue building a valuable product for Devon Energy and the wider industry.”

For more information visit www.prepad.io

Johnson Matthey, a global leader in sustainable technologies, and bp, an international energy company, have announced that EDL Anlagenbau Gesellschaft mbH has selected their co-developed, award-winning Fischer Tropsch (FT) CANS™ technology for EDL’s HyKero plant located in Böhlen-Lippendorf, south of Leipzig, Germany.

The HyKero plant is planned to produce 50,000 metric tonnes of sustainable aviation fuel per year when fully operational, including eSAF from a power-to-liquids (PtL) route, and would be the first plant of its kind at commercial scale in Germany. The PtL route is the conversion of renewable electricity and carbon dioxide into sustainable liquid fuels. Current international certification for this SAF requires a blend of up to 50 percent with fossil kerosene to create drop-in SAF. Based on a typical widebody aircraft fuel consumption rate travelling the distance from Frankfurt to New York, the HyKero plant’s planned SAF production capacity, after blending, is equivalent to the fuel required for over 1,000 transatlantic flights annually.

When fully operational, the HyKero plant is also planned to produce 14,000 MT of sustainable naphtha, and approximately 1,000 MT of electrolytic (green) hydrogen per year.

Strategically located to serve Leipzig-Halle international airport, this first phase of the plant is planned to be online by 2027. Project realisation and plant operations will be under the responsibility of EDL’s subsidiary XFuels HyKero GmbH. EDL anticipates a potential future phase could add 75,000 MT of eSAF capacity per year.

Alberto Giovanzana, managing director, CT Licensing at Johnson Matthey, said: “At JM we are committed to helping our customers decarbonise. We are therefore very excited that EDL has chosen our FT CANS technology, developed in collaboration with bp, to supply airlines with sustainable aviation fuel that can be used in their existing fleets. Projects like this are very important to increase the production of SAF as the industry works to achieve its net zero ambitions.”

Noemie Turner, VP Technology development & commercialisation at bp, said: “We are delighted that EDL has joined a growing number of businesses choosing our innovative FT CANS technology, developed through world-class research and development in partnership with Johnson Matthey, to enable commercial scale production of sustainable aviation fuels at EDL’s HyKero plant.”

Dr. Michael Haid, CEO at EDL and XFuels HyKero, said: “We are proud to use the FT CANS technology in our HyKero plant to produce eSAF, thus making an important contribution to the defossilisation of the aviation sector in Germany. The FT CANS technology enhances the value of our HyKero plant for converting sustainable carbon sources like bio-methane, together with renewable power and carbon dioxide into eSAF. We look forward to working with Johnson Matthey and bp as we build out the HyKero plant portfolio in Germany and abroad.”

For more information visit www.matthey.com

Hexagon Digital Wave, a business of Hexagon Composites, has entered into a strategic partnership with Compass Natural Gas, an industry leader of compressed natural gas delivery, to perform Modal Acoustic Emission requalification of composite Type 4 cylinders used in mobile pipeline trailers in the northeast region of the United States. This agreement expands the footprint and further strengthens the market position of Hexagon Digital Wave’s MAE services.

Driving energy transformation

Compass Natural Gas has commissioned a new site in Montoursville, Pennsylvania strategically located for easy and efficient distribution of natural gas to a large regional customer base using mobile pipeline trailers. The Department of Transportation requires mobile pipeline trailers to be requalified every fifth year.

“We are excited about this new partnership with Hexagon Digital Wave as it will provide mobile pipeline operators in the northeast region with the opportunity to utilise Hexagon’s proven MAE technology. Compass Natural Gas is committed to the safety, quality, and reliability of our mobile pipeline trailers. Partnering with Hexagon Digital Wave on this new Montoursville, PA site will allow us to meet those objectives efficiently and effectively,” says Oscar Mendez, COO, Compass Natural Gas. “Hexagon has been pivotal to the growth of Compass over the years, and we feel that our talented and experienced staff coupled with their skilled team and innovative technology will make this a successful partnership.”

“We are very pleased to strengthen our relationship with Compass Natural Gas – and to make our MAE technology more regionally accessible within North America,” says George Siedlecki, CEO, Hexagon Digital Wave. “This initiative enhances operational efficiency while alleviating major pain points for our customers. Our unique capabilities, together with Compass’ industry operating experience, make this partnership appealing to both parties.”

Timing

Teams from Hexagon Digital Wave and Compass began performing MAE requalification services on Type 4 mobile pipeline CNG fleets in Q3 2023, with services scheduled through Q4 2023. The strategic partnership agreement will automatically be renewed annually.

About the technology

MAE uses advanced electronics and sensors that capture broadband waveforms and specialty algorithms to identify structural integrity flaws present in composite pressure vessels. MAE is an authorised periodic inspection method approved by the Department of Transportation/Pipeline of Hazardous Materials Safety Administration and Transport Canada. Testing using the MAE technology eliminates venting of contents to the atmosphere thereby minimizing environmental impact.

A significant increase in customer demand for compressed gas transport is driving trailer owners to seek safe, yet time efficient, methods of cylinder requalification. Hexagon Digital Wave’s MAE technology meets these needed requirements, and when deployed alleviates pain points for owners/operators and trailer OEMs alike.

For more information visit www.hexagondigitalwave.com

dmg events invites technical experts to submit an abstract to apply to speak at the 2024 Canadian Hydrogen Convention being held in Edmonton, AB, Canada from April 23-25, 2024, at the Edmonton Convention Centre, (9797 Jasper Ave, Edmonton, AB). The technical conference brings together technical experts from around the world to present and discuss the latest hydrogen technologies, processes, and innovations to help companies increase efficiencies, save costs, and achieve net zero. The submission deadline is October 27, 2023, and interested applicants can submit their abstracts HERE.

“I would strongly encourage others to participate in this conference because it provides a unique platform to share expertise, engage with industry leaders, and stay updated on the latest developments in the hydrogen sector, fostering valuable connections and contributing to the advancement of hydrogen solutions,” says Elena Ezquerra Silva, renewable energy analyst, Solas Energy.

The 2024 Canadian Hydrogen Convention will feature over 200 speakers in the technical and strategic conference, 8,000 attendees and 100 exhibitors. This convention is the largest hydrogen event in Canada serving as a pivotal meeting place for the entire supply chain to deliberate on groundbreaking advancements, including its prospective role as a primary fuel source.

“Decarbonisation is a must in our world today as we face new challenges regarding climate change. It is everyone’s responsibility, therefore, to garner as much knowledge on the means to facilitate a better world for our youth,” says Donald Kendrick, CEO, Ekona Power Inc. “The Canadian Hydrogen Convention easily facilitates this through engagement of key industrial, academic and governmental stakeholders, showcasing exceptional strategies, products and inventions along the way. With a truly Canadian flavour, it is a must for anyone working or being introduced in the field.”

The 2024 Call for Abstracts is open to all hydrogen professionals who would like to share their knowledge, experience and solutions with industry colleagues. Applications should be between 300-450 words and include detailed information on objectives/scope, methods, procedures, processes, results, observations and conclusions.

Applications will be reviewed by the Canadian Hydrogen Convention Technical Committee comprised of Ahmed Nossair, Director of New Energy Technologies – Technical, Enbridge; Amit Kumar, Professor, Mechanical Engineering, University of Alberta; Chris Wallace, Manager Energy and Climate Protection, ILF Consultants Inc. (Canada); Greg Panuccio, Director of Business, Development, Merchant and On-site Gases, Linde Canada Inc.; Kaitlyn Gammon, Project Manager, Certarus Ltd.; Mark Lea-Wilson, Edmonton Region Hydrogen HUB Lead, The Transition Accelerator; Mark McDougall, Vice President, Business Development Sector Lead – Conventional Energy, Worley; Matti Malkamäki, Founder and Chairman of the Board, Hycamite; Patrick Bain, Director, Hydrogen Projects & Technology Development, ATCO; Paul-Emile Trudeau, Owner, Trudeau Scientific Consulting; Rob Sturgess, Vice President for Project Development, Cvictus; Sagar Kancharla, Director – Energy Transition Advisory & Investments, WSP Canada; Samantha Irwin, Manager, Clean Technology Strategy, Exergy Solutions; Steve Brown, Account Manager, Spartan Controls; Yun Bai, Senior Technical Specialist, TC Energy.

For more information visit www.hydrogenexpo.com

Stolthaven Terminals and Revivegen Co., Ltd. held a ceremony, October 19, to celebrate the completion of their warehouse facilities at their joint-venture terminal at Kaohsiung Port, Taiwan.

The warehouses will provide storage for a wide range of products, including those needing special permits and handling. They are expected to be operational by the end of this year (pending regulatory approval), and will meet growing customer demand for safe, high-quality bulk liquid storage in the region and continue Stolthaven Terminals’ commitment to delivering customer-focused services.

The event took place at the new terminal, and was attended by Stolthaven Terminals president Guy Bessant, customers and suppliers keen to see how construction is progressing. In phase one, the facility will provide an initial storage capacity of 48,000m3, with construction of a subsequent phase to begin in 2024.

For more information visit www.stolt-nielsen.com

Exolum’s aviation division has obtained RDI certification for their management systems based on the UNE 166002 standard. This certification recognises their commitment to research, technological development, and innovation in aviation, oil, biofuel, and sustainable fuel technologies. The certification also includes software development for fuel storage and dispatch, as well as resource planning.

According to Mario Arroyo, Exolum’s aviation operation senior advisor, this certification is a testament to their dedication to safety, innovation, and efficiency in the aviation sector. It is a well-deserved recognition for their four decades of work in the industry.

Exolum is Europe’s leading logistics company for liquid products and is a trusted partner in the aviation sector. They manage fuel storage and distribution infrastructures, including hydrant networks, and provide specialised services like into-plane fuelling.

As part of their international expansion strategy, Exolum aims to continue growing in the aviation sector by building and operating infrastructures at airports worldwide. They are also focused on implementing sustainable aviation fuel supply in their operations.

With a presence in nine countries and an extensive network of pipelines, storage terminals, and airport facilities, Exolum is well-positioned to drive innovation and efficiency in the aviation industry.

For more information visit www.exolum.com

Eni has reached an agreement in principle with the UK Government’s Department of Energy Security and Net Zero on the key terms and conditions for the economic, regulatory and governance model for the transportation and storage of carbon dioxide at the HyNet North West industrial CCS cluster.

Set out in heads of terms, these principles pave the way for the completion of definitive agreements in the coming months. The agreement is an important step towards HyNet North West becoming fully operational as the world’s first asset based regulated CCS business, providing carbon transportation and storage for companies in the North West of England and North Wales.

Eni believes CCS could be crucial in energy transition strategy and it becomes a significant business for the company. It has established a leading position in the UK where Eni is the CO2 transport and storage operator of the HyNet North West consortium. Moreover the company is planning a second UK CCS hub to decarbonise the Bacton Energy Hub and the Thames Estuary region – and has been granted a license to store carbon dioxide in the depleted Hewett gas field in the Southern North Sea. Together, HyNet North West and Bacton have the capacity to store 500 million tonnes of CO2.

HyNet North West will transform one of the country’s most energy intensive industrial districts into one of the world’s first low-carbon industrial clusters. The project will help preserve thousands of local jobs by supporting the decarbonisation of cement, energy, chemicals as well as attracting investment into new industries thus creating new jobs.

HyNet North West is expected to be operational by the middle of the current decade with a storage capacity of approximately 4.5 million tonnes of CO2 per year in the first phase. It has the potential to remove approximately 10 million annually after 2030. HyNet North West will make a major contribution to the UK’s target of storing 20-30 million tonnes of CO2 annually by 2030.

Eni’s CEO, Claudio Descalzi, commented: “CCS will play a critical role in energy transition, cutting safely emissions from industries that currently don’t have the technology to do so another way. Today’s agreement is a significant step towards establishing a significant new industry for the country. The heads of terms outline a regulated model that can help the CCS industry achieve scale and provide the certainty needed for private sector investment. This kind of close cooperation with the public sector will be critical to developing the kind of groundbreaking projects we need to address the climate challenge”.

Eni has developed extensive expertise in storing gas in depleted fields over many decades. It intends to use this to repurpose some of its existing upstream assets into carbon dioxide storage hubs to decarbonise both its own and third parties’ industrial activities at a competitive cost and with fast time to market. The aim is to achieve a total annual storage capacity of 30 million tonnes of CO2 by 2030 through projects under development not only in the United Kingdom but also in Italy, in Libya, Australia and Egypt.

For more information visit www.eni.com

ILTA are thrilled to announce that a former US President will be the closing keynote speaker at the International Operating and Trade Show hosted by the International Liquid Terminals Association (ILTA) in Houston in May 2024.

Their extensive experience and leadership in national and international affairs make them a highly sought-after speaker, and their presence at the event is a great honour.

ILTA president Kathryn Clay expressed her excitement about the President’s participation, highlighting their unique background and perspectives, including their own experience in the oil and gas industry. She believes that the former US President will provide valuable insights on current issues and future trends that will benefit all attendees at the conference.

For more information visit www.ilta.org

Thorne & Derrick, the UK’s leading specialist distributor of electrical process & trace heating solutions, are delighted to announce they have entered into a strategic partnership with Eltherm UK Ltd, the subsidiary of the Eltherm Group, a world-class manufacturer of heat tracing cables & systems for the commercial, industrial and hazardous area industries.

Eltherm are a global engineering company with modern-technology production facilities, serving international markets and projects from 14 locations on 5 continents with their headquarters in Burbach, Germany.

Image supplied :Thorne & Derrick

Together, our combined experience and close co-operation will now deliver significant industry benefits including access to the UK’s largest stock holding of heat tracing cables – this agreement is supported by a record investment in stock levels with over 150 kilometres of cable ordered by Thorne & Derrick.

Since 1985, Thorne & Derrick have supplied over 3 million metres of trace heating cables – this includes design and delivery of complex multi-kilometre, major-project, process heating systems for explosive atmospheres to heat trace cable kits for frost protection of mechanical building services to prevent pipework bursts.

The in-house expertise of Thorne & Derrick’s application engineers comprehensively support clients in the specification, design and supply of reliable electrical heat tracing systems – we provide fit for purpose design & engineered solutions to maximise uptime and optimise revenue. We problem-solve to preserve industry processes and profits.

Terry McDonald (business development manager at Thorne & Derrick) commented, “We have a leadership role to further strengthen in the electric heat tracing market – the implementation of this agreement firmly embodies a customer-centric strategy. From concept to commissioning we expertly support our clients projects with custom design, competitive supply and installation support – our customers vary from international oil and gas EPC contractors to local thermal insulation installers. We look forward to introducing Eltherm to our existing and prospective clients.”

“Thorne & Derrick were voted Winners of the 2021 Award for ‘Best Customer Service’ and awarded the 2023 Delegates’ Award at the annual HazardEx Event – we are absolutely committed to excellence in customer service,” added Terry.

Mark Wood (managing director at Eltherm UK Ltd) added, “Thorne & Derrick will now stock and support the sales and marketing of Eltherm products in the UK; using their experienced trace heating team to further strengthen and develop relationships with many key accounts and drive new business and specification opportunities across our key industries.

“In addition, Eltherm UK Ltd will support this activity with our in-house knowledge, and consolidate and our develop their existing core accounts and our build on their successful projects and installation business across multiple market sectors.”

“Both businesses will align to bring synergies and added-value to all customers by working together to provide high quality heating products and solutions,” concluded Mark.

THE ELECTRICAL HEATING PACKAGE

Thorne & Derrick provide a complete portfolio of electric process & trace heating solutions for industrial, hazardous area & explosive atmospheres:

• Trace heating systems & cables
• Serial resistance trace heaters
• Parallel resistance trace heaters
• Self-regulating parallel trace heaters
• Mineral-insulated trace heaters
• Commercial | snow melting & ice clearance for ramps & roof gutters
• Industrial | explosive proof ATEX & IECEx certified for hazardous areas
  Zone 1 & 2 (flammable gas) or Zone 21 & 22 (combustible dust) | Class I, division 1 & 2
• Process heating
• Air, immersion & line heaters
• Heated hoses – analytic & pressure
• Heating mats & jackets
• Drum, IBC & container heaters

For more information visit www.heatingandprocess.com

JERA Global Markets Pte. Ltd. and ADNOC Gas plc have signed a multi-year LNG supply agreement. Under the terms of the agreement valued between US$500 million (AED 1.8 billion) and US$700 million (AED 2.5 billion), the contracted LNG volumes will be supplied from ADNOC Gas’ Das Project and will be delivered to JERA Global Markets’ global supply portfolio.

“We are pleased to re-establish our LNG partnership with ADNOC Gas as the JERA group continuously looks towards strengthening our global LNG portfolio with stable, flexible, and competitive LNG supply, which is essential in the energy transition,” said Kazunori Kasai, chief optimisation officer, JERA Co., Inc. and chairman, JERA Global Markets.

Commenting on the agreement, Ahmed Alebri, chief executive officer of ADNOC Gas, said: “This LNG supply agreement marks a significant milestone in ADNOC Gas’ long-standing strategic partnership with JERA Co., Inc, demonstrating our continuous and shared commitment for advancing sustainability in the energy sector and supporting a reliable and cleaner energy future for Japan and beyond.”

This agreement builds on the long-standing bilateral relationship between the UAE and Japan. ADNOC’s LNG production facilities on Das Island were constructed in the 1970’s to serve Tokyo Electric Power Company (now one of the parent companies of JERA Co., Inc.), and this new supply agreement renews and further enhances mutual trust in this enduring partnership.

For more information visit www.jeragm.com

Gasum is committed to minimising methane emissions from its operations and uses various technologies and methods to detect and quantify these emissions. One of their main tools is leak detection and repair, where potential leak points are inspected using soapy water. If bubbles form, it indicates a leak that needs to be corrected. This method allows them to detect even smaller leaks than using gas metering equipment.

Gasum also employs advanced technologies such as lasers and infrared photography to aid in detection. They use Mobile extractive FTIR laser technology to quantify and monitor emissions at their LNG/LBG terminals. Additionally, they have been photographing the tanks of their biogas plants with a special infrared camera to detect possible emissions.

Reducing methane emissions is crucial due to its high global-warming potential. Gasum recognises the importance of controlling fugitive emissions from flanges, gaskets, and seals, as these can contribute to methane leaks. By promptly repairing leaks and continuously monitoring their equipment, Gasum strives to minimise emissions.

The production of biogas is another significant way Gasum reduces methane emissions, particularly in the agricultural sector. Processing manure in the biogas process helps reduce methane emissions compared to traditional manure processing methods. The energy recovered from manure and other waste materials used in biogas production is renewable and fossil-free. Biogas is a completely renewable and environmentally friendly fuel that can significantly reduce greenhouse gas emissions compared to fossil fuels.

Gasum aims to increase investments in biogas production and bring seven terawatt hours of renewable gas to the market by 2027. This would result in a cumulative carbon dioxide saving of 1.8 million tonnes for their customers. They are committed to moving towards completely renewable gas and electricity, with biogas playing a central role in their sustainability efforts.

Overall, Gasum is dedicated to minimising methane emissions, implementing advanced detection technologies, and promoting the use of renewable biogas as a sustainable energy source.

For more information visit www.gasum.com

Tenaris has completed the delivery of casing and accessories for the geothermal project Graben-Neudorf operated by Deutsche Erdwärme near Karlsruhe in the German Federal State of Baden-Wuerttemberg, with JV Ed. Züblin AG and Huisman Geo B.V. as general contractor.

The project is a standard geothermal doublet for power generation aiming to produce both electricity and heat. It includes the realisation of two wells reaching a depth of 4,000+ metres, the first completed in August 2023, finding temperatures above 200°Celsius in the reservoir.

“With Tenaris we have found a reliable, high quality and customer-orientated supplier of tubulars and casing accessories, focusing on the specific needs of a geothermal operator like Deutsche Erdwärme and providing excellent after sales service. We are looking forward to a longer business relationship,” says Dr. Sebastian Homuth, operations manager of Deutsche ErdWärme.

“Drilling the first well of Graben-Neudorf has been challenging and Tenaris has been a key partner, accompanying high-quality products with services such as running assistance, interim storage and just-in-time delivery that helped to minimise working capital,” says Karl Reuter, project engineer at Zueblin. “Tenaris has always shown a high level of flexibility, understanding our operational needs and support in short time to every kind of request” adds Mr. Reuter.

The supply package included TenarisHydril Blue® connections, with their proven performance tested under the most severe industry standards as ISO 13679 CAL IV and high temperatures qualified according to TWCEEP, and TenarisHydril ER™, an enhanced alternative to API BTC designed for surface, intermediate and production casing.

“Graben-Neudorf project is an important milestone for Tenaris in its plan to reinforce its position in the German geothermal market,” says Fabio Bianco, Tenaris sales manager.

“We have two vertically integrated facilities in Europe, and we remain committed to investing further to increase our capabilities, our product range and to better serve our customers.”

Tenaris has more than 30 years of experience working in geothermal projects around the world, supporting customers with well design and on-site running support of specific products.

For more information visit www.tenaris.com/en

TotalEnergies and its partner SSE Renewables are pleased to announce that their Seagreen offshore wind farm is now fully operational and running at its design capacity of 1,075 MW.

Seagreen is a joint venture between TotalEnergies (51 percent) and SSE Renewables (49 percent). It is located in the North Sea, some 27 km off the coast of Angus. It is TotalEnergies’ biggest operational offshore wind farm worldwide and the world’s deepest fixed bottom wind farm, with its foundation reaching nearly 60 metres below sea level.

The project, which began construction in June 2020, has been completed in around 3 years for a global investment of around $4 billion, globally in line with the expected capex. The development and construction were led, with the support of TotalEnergies, by SSE which will now operate the offshore wind farm for its expected 25-year lifetime.

The 1,075 MW offshore wind farm has the capacity to generate around 5 terawatt hours (TWh), or enough renewable electricity to power almost 1.6 million homes annually, equivalent to two-thirds of all Scottish homes. Seagreen will also prevent the emission of over 2 million tonnes of CO2 from fossil fuel electricity generation every year.

Consistently with its business model, TotalEnergies will commercialise, through Seagreen, its share of production through a mix of a long-term contract at guaranteed price, including a 15-year CfD (Contract for Difference) awarded by the UK Government, and a 15-year private CfD with the SSE Group, and short-term sales on the wholesale market.

“I am very pleased to see Seagreen generating at full power, making it TotalEnergies’ biggest offshore wind farm worldwide. This 1 GW project is a new step in delivering our strategy of building a world-class, cost-competitive portfolio of renewable energy to deliver clean, reliable and affordable power to our customers. It will positively contribute to achieving our Integrated Power 12 percent profitability target and our objective of reaching more than 100 TWh of power generation by 2030,” said Patrick Pouyanné, chairman and CEO of TotalEnergies.

“Our participation in the project alongside SSE has enabled us to strengthen our offshore wind expertise which will be extremely useful for our future projects in the United Kingdom, the United-States and Germany. It’s also very good news for Scotland, as Seagreen makes a significant contribution to the country’s net zero ambition for 2045.”

“The Seagreen offshore windfarm is a fantastic example of the work being done to unleash Scotland’s renewable potential, as we seek to lead the world in the transition to net zero,” said the First Minister of Scotland, Humza Yousaf.

“This significant milestone for Seagreen is also significant for Scotland, taking us a step closer to creating a net zero energy system that delivers affordable, secure and clean energy. Delivering on our climate obligations is an absolute priority for the Scottish Government – so too is our unwavering commitment to a just transition for workers. We are determined to maximise the economic opportunity Scotland’s offshore wind potential presents, by developing local supply chains, embedding innovation, boosting skills, creating jobs, and benefiting people and communities.”

“This is a big milestone for Seagreen and for Scotland. It shows that this country not only has world-class renewable resources but also world-class teams able to deliver major clean energy projects at scale. Seagreen’s ability to power up to 1.6 million homes will make a significant contribution to energy security and extend Scotland and the UK’s leadership in clean energy generation,” said Alistair Phillips-Davies, chief executive of SSE plc.

“But if we are to fully realise this country’s potential we need many more Seagreens and we look forward to working with governments, partners, investors and local communities to bring more landmark projects like this forward in the future.”

For more information visit www.totalenergies.com

Yinson Production, together with client Azule Energy, is piloting an offshore Carbon Capture and Storage plant on FPSO Agogo in Angola. This is a significant milestone towards the realisation of YP’s Zero Emissions FPSO Concept that aims to reduce carbon footprint and pave the way for the decarbonisation of the offshore production industry.

The plant is the world’s first post-combustion carbon capture unit installed onboard an FPSO. It is designed at a pilot scale and will be used as a demonstration unit in an offshore floating environment to assess technical readiness and gain operational know-how. This marks an important step in implementing future scale-up of the CCS technology for YP’s Zero Emissions FPSO projects.

In addition to the CCS plant, FPSO Agogo will feature other emissions-lowering technologies such as electrification, advanced automation and digitalisation, a combined-cycle power system, a seawater turbine generator, a hydrocarbon cargo tank blanketing scheme, and an integrated closed flare system. The combined innovations onboard FPSO Agogo will significantly reduce its overall carbon emissions and improve operational efficiency, transforming it into an industry-leading project.

Carbon Circle Holding AS, a carbon removal and energy EPC (engineering, procurement, and construction) company, has been selected to design and construct the CCS plant. Construction on the plant is progressing well, with first steel cut having taken place in September 2023 and all other milestones progressing as per schedule.

YP chief executive officer Flemming Grønnegaard said, “As a top tier FPSO contractor, YP’s goal is to explore and provide sustainable energy solutions and make recommendations to our clients that will significantly reduce greenhouse gas emissions from their operations. We are pleased that both YP and Azule are fully aligned in our commitment to implementing emission-reduction technologies such as the CCS plant onboard FPSO Agogo.”

In late February 2023, YP and Azule entered a firm contract for the provision, operation, and maintenance of the FPSO vessel for the Agogo Integrated West Hub Development Project in Angola. FPSO Agogo will be YP’s first offshore production project in Angola and marks YP’s eighth FPSO project in the West African region.

For more information visit www.yinson.com

Technip Energies has been awarded Engineering, Procurement Services and Construction Management (EPsCm) contracts by Galp for an advanced biofuels unit and a green hydrogen unit for its Sines refinery in Portugal. Both projects are part of Galp’s programme to reduce the carbon footprint of the refinery and its products.

The Advanced Biofuels Unit, promoted by the joint venture of Galp (75 percent) and Mitsui (25 percent), will have a 270 ktpa capacity and will produce renewable diesel and sustainable aviation fuel (SAF) from bio-feedstock and waste residues and will allow Galp to avoid c. 800 ktpa of greenhouse gas emissions. For this unit, Technip Energies will work in consortium with Technoedif Engenharia, a large engineering firm in Portugal, to complete the EPsCm project.

The Green Hydrogen Unit, composed of a 100 MW electrolysis plant, will produce up to 15 ktpa of renewable hydrogen, using proton exchange membrane (PEM) electrolyzers which will be supplied by Plug Power. This unit will allow the replacement of c. 20 percent of the existing grey hydrogen consumption of Sines refinery and will lead to greenhouse gas emissions reduction of c. 110 ktpa.

Both units represent a gross investment estimated at €650 million and will transform the Sines refinery into one of the most important low-carbon platforms in Portugal.

Marco Villa, chief operating officer of Technip Energies, commented: “The Final Investment Decision for these two important projects is a major step taken by Galp to transform the refining industry in Portugal. Technip Energies, who has been supporting Galp strategy since the early phases of those two projects, is now delighted to be selected as a partner for the execution phase of both. This investment is another example of how Technip Energies enables the decarbonisation of the energy industry through collaboration, innovation and technology integration”.

For more information visit www.ten.com/en

Alkion Terminal Lisbon, a part of the renowned Koole Terminals Group, has recently expanded its product portfolio to include bitumen storage. The decision to welcome bitumen into their services was prompted by a customer’s interest in storing the essential material used in road construction, repairs, and civil works. With a commitment to growth and providing comprehensive solutions, Alkion Terminal Lisbon has invested in specific infrastructure to meet the unique challenges of bitumen storage.

Bitumen, a high-temperature sensitive material, requires careful handling to prevent solidification inside the tanks. Alkion Terminal Lisbon maintains the bitumen at an optimal temperature of approximately 160 degrees Celsius. To support this, the terminal has made significant investments, including the installation of a new loading bay, thermal insulation of tanks, heating equipment, and the establishment of new reception and expedition lines.

In addition to meeting infrastructure requirements, Alkion Terminal Lisbon is also focused on sustainability. The terminal already generates energy through solar panels, and they are exploring the possibility of powering their bitumen heaters with self-generated electricity instead of propane. This sustainable approach not only reduces CO2 emissions but also offers cost-effectiveness, providing added value to their customers.

Safety is a top priority at Alkion Terminal Lisbon, especially when handling bitumen. Robust safety measures have been implemented to prevent any contact between bitumen and water, as the heat can cause the water to turn into steam, creating a potentially dangerous pressure inside the tanks. Operators involved in loading the trucks are equipped with special protective gear to ensure safety. Since the introduction of bitumen storage in April, Alkion Terminal Lisbon has maintained zero safety incidents, reflecting their commitment to secure operations.

Terminal manager Diogo Godinho expresses excitement about the inclusion of bitumen in their portfolio, highlighting the fresh opportunities and developments that come with introducing a new product. Embracing new challenges is a testament to Alkion Terminal Lisbon’s commitment to growth and continuous improvement.

Alkion Terminal Lisbon’s decision to embrace bitumen storage showcases their dedication to expanding their expertise and providing comprehensive services to their customers. With the necessary infrastructure, sustainable initiatives, and stringent safety measures in place, Alkion Terminal Lisbon is well-prepared to meet the demands of storing and managing bitumen effectively. Their proactive approach to embracing new products and challenges sets the stage for continued success in the future.

For more information visit www.alkion.com

As Advario Gas Terminal in Antwerp commemorates its 40th anniversary, it is a time of reflection on a remarkable journey and anticipation for a future filled with opportunities. Nestled on the left bank of the river Scheldt, AGT has established itself as a pioneer deeply integrated into the petrochemical heart of Europe, playing a pivotal role in realising Advario’s ambitious strategy. Joined by staff, customers, partners, and stakeholders, the terminal celebrates its past achievements while looking ahead to a promising future.

In the summer of 1983, AGT introduced itself to potential customers through a postcard that depicted an aerial view of the still-empty left bank of the Scheldt, with the gas terminal at its centre. With spherical gas tanks ready for operation and cylindrical refrigerated storage tanks under construction, AGT promised a comprehensive range of services for its customers. The card proudly announced the terminal’s ability to handle vessels up to 75,000 m3, store pressurised products, and enable efficient transfers to other vessels. It also revealed plans for the availability of 100,000 m3 of fully refrigerated storage by September 1984.

AGT embarked on its journey as a pioneer on the left bank of the Scheldt, shaping the landscape of the region. For Walter Goetschalckx, who joined AGT as an operator in 1983 and remained with the company until his retirement in 2012, the early days were filled with excitement. Walter reminisces about the barren surroundings, with nothing but sand and occasional dust storms, and the terminal standing tall amidst it all. With a background in seafaring and the petrochemical sector, Walter found AGT to be the perfect blend of his two worlds.

AGT’s growth has been nothing short of remarkable. Following its acquisition by Advario’s predecessor, Oiltanking, in 2016, the terminal witnessed significant expansions. Investments totaling hundreds of millions led to the construction of the largest butane (2020) and propane (2022) tanks in Europe, tripling the storage capacity from 113,200 m³ in 1984 to over 435,000 m³ today. Spanning 26 hectares, AGT has expanded its logistical network, establishing direct pipelines between customers and the terminal, as well as gaining access to the European pipeline network.

Looking ahead, AGT envisions a bright future, emphasising its commitment to storing new energies. The terminal aims to provide storage solutions that support the energy transition and facilitate the safe transport of hydrogen. AGT is investing in the storage of ammonia, an effective hydrogen carrier, to enable the transportation of this new energy source from producing countries to those with a demand for sustainable energy. In collaboration with sister terminal Advario Stolthaven Antwerp (ASA) and Belgian pipeline network operator Fluxys, AGT is exploring the possibility of constructing an import terminal for the storage of green ammonia, produced without emitting carbon dioxide. This partnership combines the strengths, knowledge, and experience of the parties involved, aligning with the vision to establish the Port of Antwerp-Bruges as a green energy hub.

AGT’s future growth will be fuelled by innovation and a commitment to safety and environmental responsibility. As the industry evolves, the terminal remains dedicated to meeting changing demands and exploring new markets, ensuring continued excellence in its operations.

As AGT celebrates its 40th anniversary, it sends a message of gratitude to its staff, customers, partners, and stakeholders. This milestone is a testament to their unwavering support and collaboration. AGT looks forward to the next forty years with enthusiasm, ready to embrace new opportunities, contribute to the global energy transition, and play an integral role in the sustainable future of the industry.

For more information visit www.advario.com

Vision RNG and Meridian Waste celebrated the grand opening and ribbon cutting of the State of Missouri’s first landfill gas to renewable natural gas plant at Meridian’s Eagle Ridge Landfill in Bowling Green, Missouri.

This marks the efforts of the VRNG/Meridian Waste partnership over the past 18 months to reach this significant milestone. The plant takes LFG from the landfill, which would be otherwise flared, and converts it to a renewable energy resource. The RNG is delivered to a nearby Panhandle Eastern pipeline and sold to energy company U.S. Energy for distribution to its customers.

Conversion of LFG to RNG is one of just a few processes that offers significant energy AND environmental benefits at the same time. LFG is composed 50 percent methane (natural gas) and about 45 percent carbon dioxide. The methane component offers significant renewable energy benefits, while controlling and using the methane and carbon dioxide offer significant environmental benefits as both are significant greenhouse contributors.

The plant processes about 1,500 standard cubic feet per minute of raw LFG and produces about 350,000 MMbtu per year of RNG. This is equivalent to producing 3,070,175 gallons of gasoline. The RNG can be used in a variety of energy and environmentally beneficial ways including:

• Use as a transportation fuel in CNG powered vehicles and other sustainable fuel uses
• Use by industrial and other commercial companies as a substitute for natural gas
• Use by customers to generate renewable electricity
• Use by customers to reduce their carbon footprint to meet sustainability goals

“I couldn’t be prouder of the VRNG team that worked tirelessly over the last several months to make this plant a reality,” said Bill Johnson, CEO of VRNG. “We especially want to recognise our partners at Meridian Waste and our offtake partner U.S. Energy. This is the first of more than a dozen such plants VRNG will be constructing and bringing on-line over the next 18-24 months, including two more with our partners at Meridian Waste.”

“Few consider garbage a resource,” opened Mary O’Brien, Meridian Waste’s chief marketing officer at the ribbon cutting event today at Eagle Ridge Landfill. “However, here at Meridian Waste, we believe in taking a less wasteful approach to garbage. We are honored to be Vision RNG’s first operating clean energy project through this state-of-the-art landfill gas to renewable natural gas plant behind me and to have U.S. Energy deliver the environmentally beneficial fuel to multiple users to power their infrastructure needs.”

“Not only does this partnership mark our first RNG offtake agreement in Missouri, but the first landfill gas to RNG project in the state,” shared Bryan Nudelbacher, vice president of business development—RNG at U.S. Energy. “We’re seeing increased demand for RNG from the transportation and voluntary markets. The industry needs more projects like this to come online in new regions to help meet market demand. We commend Vision RNG and Meridian Waste on their investment in this LFG to RNG plant and are honored to have been selected as the gas offtake partner.”

For more information visit www.us-energy.com

Suncor Energy have announced that it has agreed to purchase TotalEnergies EP Canada Ltd., which holds a 31.23 percent working interest in the Fort Hills oil sands mining project (Fort Hills) for $1.468 billion. The acquisition adds 61,000 barrels per day of net bitumen production capacity and 675 million barrels of proved and probable reserves to Suncor’s existing oil sands portfolio. Regulatory approvals have been received and, subject to closing, the transaction will have an effective date of April 1, 2023.

“The transaction secures additional long-term bitumen supply to fill our Base Plant upgraders at a competitive supply cost, addressing a key uncertainty for the company and adding long-term shareholder value,” said Rich Kruger, president and chief executive officer. “With 100 percent ownership of Fort Hills we will pursue opportunities to create additional value through regional synergies and basin- wide management of our unparalleled, integrated oil sands asset base. This transaction is aligned with our strategy to wholly own and operate long-life strategic assets.”

Specifically, upon closing of the transaction, Suncor will own 100 percent of Fort Hills, which along with its 100 percent ownership of Firebag and MacKay River in-situ assets, provides the company with additional long-life, physically-integrated bitumen supply to maximise the utilisation of its wholly-owned Base Plant upgraders post the end of the Base Mine life.

The additional interest acquired in this asset will be subject to the company’s objective of achieving net zero greenhouse gas emissions from operations by 2050.

Suncor engaged J.P. Morgan Securities Canada to act as its exclusive financial advisor and Blake Cassels and Graydon LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP as its legal advisors on the transaction.

For more information visit www.suncor.com

Technip Energies has been awarded Engineering, Procurement Services and Construction Management (EPsCm) contracts by Galp for an advanced biofuels unit and a green hydrogen unit for its Sines refinery in Portugal. Both projects are part of Galp’s programme to reduce the carbon footprint of the refinery and its products.

The Advanced Biofuels Unit, promoted by the joint venture of Galp (75 percent) and Mitsui (25 percent), will have a 270 ktpa capacity and will produce renewable diesel and sustainable aviation fuel (SAF) from bio-feedstock and waste residues and will allow Galp to avoid c. 800 ktpa of greenhouse gas emissions. For this unit, Technip Energies will work in consortium with Technoedif Engenharia, a large engineering firm in Portugal, to complete the EPsCm project.

The Green Hydrogen Unit, composed of a 100 MW electrolysis plant, will produce up to 15 ktpa of renewable hydrogen, using proton exchange membrane (PEM) electrolysers which will be supplied by Plug Power. This unit will allow the replacement of c. 20 percent of the existing grey hydrogen consumption of Sines refinery and will lead to greenhouse gas emissions reduction of c. 110 ktpa.

Both units represent a gross investment estimated at €650 million and will transform the Sines refinery into one of the most important low-carbon platforms in Portugal.

Marco Villa, chief operating officer of Technip Energies, commented: “The Final Investment Decision for these two important projects is a major step taken by Galp to transform the refining industry in Portugal. Technip Energies, who has been supporting Galp strategy since the early phases of those two projects, is now delighted to be selected as a partner for the execution phase of both. This investment is another example of how Technip Energies enables the decarbonisation of the energy industry through collaboration, innovation and technology integration”

For more information visit www.ten.com/en

Wasaline will start operating with certified biogas one day a week from October 13, in preparation for the EU emissions trading system that will come into force next year. Biogas is more expensive than LNG, the current primary fuel of M/S Aurora Botnia, but the company will cover the extra costs on behalf of its customers. With certified biogas, all Friday departures until Christmas will be climate neutral.

“Aurora Botnia is the world’s most environmentally friendly ferry today, but our efforts to reduce our climate footprint continue,” says Peter Ståhlberg, managing director at Wasaline.

“This is a pilot project to measure the interest of our cargo owners and passengers, and whether it is financially viable to continue biogas purchases. We would like to thank our loyal customers who have made this unique investment in climate-neutral transport possible for the first time in the Quarken.”

Wasaline has already reduced its CO2 emissions by 22 percent this year compared to last year. The use of biogas will further reduce CO2 emissions of Aurora Botnia. With four trips on Fridays, 18 percent of the total weekly departures will be operated with biogas. The biogas is supplied by Nordic energy company Gasum.

“This is a great initiative that we at Gasum are very happy to be a part of in our role as biogas supplier. Biogas is one of the already available concrete pathways to reducing emissions in maritime transport and travel and it’s fantastic that Wasaline is now setting on this pathway to provide lower emissions services to its customers. Our goal is to continuously increase biogas availability to our customers in the coming years”, says Jacob Granqvist, vice president, Maritime at Gasum.

More environmentally friendly transportation methods are especially important for cargo. The logistics company Ahola Group and Wasaline have built up a long-term collaboration over the years.

“The connection between Vaasa and Umeå is very important for our Nordic traffic,” says Ida Saavalainen, CEO at Ahola Group.

“Sustainability and holistic environmental-effective solutions are a central part of our operations where we work actively to reduce our footprint. Our methods include real-time optimisation of routes, high filling degree, energy-efficient driving, and the use of alternative fuels with lower emissions. We are pleased to reduce emissions even further with the help of biogas-powered ferry connections by Wasaline.”

The “Green Fridays” pilot project will continue until Christmas. Wasaline hopes to be able to further develop this concept in collaboration with its customers.

For more information visit www.gasum.com

Exxon Mobil Corporation and Pioneer Natural Resources jointly announced a definitive agreement for ExxonMobil to acquire Pioneer. The merger is an all-stock transaction valued at $59.5 billion, or $253 per share, based on ExxonMobil’s closing price on October 5, 2023. Under the terms of the agreement, Pioneer shareholders will receive 2.3234 shares of ExxonMobil for each Pioneer share at closing. The implied total enterprise value of the transaction, including net debt, is approximately $64.5 billion.

The merger combines Pioneer’s more than 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland Basins, creating the industry’s leading high-quality undeveloped U.S. unconventional inventory position. Together, the companies will have an estimated 16 billion barrels of oil equivalent resource in the Permian. At close, ExxonMobil’s Permian production volume would more than double to 1.3 million barrels of oil equivalent per day (MOEBD), based on 2023 volumes, and is expected to increase to approximately 2 MOEBD in 2027. ExxonMobil believes the transaction represents an opportunity for even greater US energy security by bringing the best technologies, operational excellence and financial capability to an important source of domestic supply, benefitting the American economy and its consumers.

“Pioneer is a clear leader in the Permian with a unique asset base and people with deep industry knowledge. The combined capabilities of our two companies will provide long-term value creation well in excess of what either company is capable of doing on a standalone basis,” said ExxonMobil chairman and CEO Darren Woods. “Their tier-one acreage is highly contiguous, allowing for greater opportunities to deploy our technologies, delivering operating and capital efficiency as well as significantly increasing production. As importantly, as we look to combine our companies, we bring together environmental best-practices that will lower our environmental footprint and plan to accelerate Pioneer’s net-zero plan from 2050 to 2035.”

Pioneer chief executive officer Scott Sheffield commented, “The combination of ExxonMobil and Pioneer creates a diversified energy company with the largest footprint of high-return wells in the Permian Basin. As part of a global enterprise, Pioneer, our shareholders and our employees will be better positioned for long-term success through a size and scale that spans the globe and offers diversity through product and exposure to the full energy value chain. The consolidated company will maintain its leadership position, driving further efficiencies through the combination of our adjacent, contiguous acreage in the Midland Basin and our highly talented employee base, with the improved ability to deliver durable returns, creating tangible value for shareholders for decades to come.”

Transaction Benefits

Combining Pioneer’s differentiated Permian inventory and basin knowledge with ExxonMobil’s proprietary technologies, financial resources, and industry-leading project development is expected to generate double-digit returns by recovering more resource, more efficiently and with a lower environmental impact.

The transaction is a unique opportunity to deliver leading capital efficiency and cost performance as well as increase production by combining Pioneer’s large-scale, contiguous, high-quality undeveloped Midland acreage with ExxonMobil’s demonstrated industry-leading Permian resource development approach.

The unique, complementary fit of Pioneer’s contiguous acreage will allow ExxonMobil to drill long, best-in-class laterals — up to four miles — which will result in fewer wells and a smaller surface footprint. The company also expects to enhance field digitalisation and automation that will optimise production throughput and cost.

The combination transforms ExxonMobil’s upstream portfolio by increasing lower-cost-of-supply production, as well as short-cycle capital flexibility. The company expects a cost of supply of less than $35 per barrel from Pioneer’s assets. By 2027, short-cycle barrels will comprise more than 40 percent of the total upstream volumes, positioning the company to more quickly respond to demand changes and increase capture of price and volume upside.

The transaction’s unique value creation opportunity results in significant synergies and further upside potential that will be shared by both companies’ shareholders. The merger is anticipated to be accretive immediately and highly accretive mid- to long-term to ExxonMobil earnings per share and free cash flow, with a long cash flow runway. ExxonMobil’s strong balance sheet combined with Pioneer’s added surplus free cash flow provides upside opportunity to enhance shareholder capital returns post-closing.

Finally, this merger represents the opportunity for even greater US energy security by bringing the best technology, operational excellence, environmental best practices and financial capability to an important source of domestic supply, benefitting the American economy and its consumers.

Accelerating to Net Zero in the Permian

ExxonMobil has industry-leading plans to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions from its Permian unconventional operations by 2030. As part of the transaction, ExxonMobil intends to leverage its Permian greenhouse gas reduction plans to accelerate Pioneer’s net zero emissions plan by 15 years, to 2035.

ExxonMobil will leverage the same aggressive strategy and apply its industry-leading new technologies for monitoring, measuring, and addressing fugitive methane to lower both companies’ methane emissions.

In addition, using combined operating capabilities and infrastructure, we expect to increase the amount of recycled water used in our Permian fracturing operations to more than 90 percent by 2030.

Transaction Details

The per-share merger consideration noted above represents an approximate 18 percent premium to Pioneer’s undisturbed closing price on October 5 and a 9 percent premium to its prior 30-day volume-weighted average price on the same day.

The Boards of Directors of both companies have unanimously approved the transaction, which is subject to customary regulatory reviews and approvals. It is also subject to approval by Pioneer shareholders. The transaction is expected to close in the first half of 2024.

For more information visit www.pxd.com

International-Matex Tank Terminals, an industry leader in the handling and storage of bulk liquid products, especially energy transition fuels, feedstocks and petrochemicals, announced that ITT Holdings LLC has successfully issued its inaugural Sustainability-linked Term Loan B under its recently developed Sustainability-linked Issuance Framework. This issuance is further to IMTT’s Sustainability-linked loan issued in July 2023 and represents continued alignment of the company’s financing to its sustainability strategy. The key performance indicators in the TLB are in adherence to the Framework and reflect pricing adjustment of up to 7.5bps depending on IMTT’s performance relative to annual targets over the tenor of the facility.

The TLB will refinance the company’s existing TLB and provide additional liquidity and tenor for purposes of funding additional growth capital expenditures related to projects that support the energy transition and are aligned with IMTT’s Greener and Cleaner strategy.

“As we execute our strategy to reshape our portfolio through deployment of capital for new projects supporting the energy transition, the continued support from our lenders allows us to achieve the necessary scale to support these projects. We are investing in projects underpinned by long-term contracts with investment grade counterparties which results in the improvement of our quality” said Carlin Conner, chairman and CEO of IMTT. “Additionally, as we execute this strategy, we remain committed to creating opportunities for vendors and suppliers that are capable, experienced, and share our ESG goals.”

CIBC Capital Markets acted as sole Sustainability Structuring Agent for the Framework. For more on IMTT’s commitment to sustainability, read the company’s Sustainability Report here.

For more information visit www.imtt.com

EPCM Holdings are pleased to announce that they have received a first-phase consulting contract to develop the LNG receiving and regasification terminal in Porto Romano, Albania.

Pictured are our three senior technical and advisory team members, Alexandra Gazendam (director EPCM Europe), Anke Odendaal (general manager consulting) and Carlien Pretorius (chief engineer), who just spent a week on location in Albania, to attend the kickoff and perform site visits in the port.

This project will play an essential role in enhancing energy security and diversifying the gas supply in the region, fostering economic growth and cooperation between Greece, Albania, and Italy.

It is also a significant step in the growth of EPCM Europe.

For more information visit www.epcmholdings.com

Mesa ETP, a leading provider of innovative environmental protection solutions, is thrilled to announce that two of its flagship products, the ClipLockTM and Bubble Seal Wiper Tip, have received approval from the South Coast Air Quality Management District (SCAQMD).

The SCAQMD is recognised as one of the most stringent air quality regulatory agencies in the United States. Their approval signifies the exceptional performance and compliance of the ClipLockTM and Bubble Seal Wiper Tip products in meeting the rigorous environmental standards set forth by the district.

ClipLockTM is the new proprietary fastener-free lock-in-place fabric attachment system from Mesa ETP that makes installation faster, easier, and safer for the installers and the environment. No part of the fabric seal is punched or cut to seat over bolts. The lock-in-place system creates a 100 percent fabric contact without fasteners, a method that has been shown in laboratory tests to significantly reduce product emissions. With the SCAQMD approval, Mesa ETP’s ClipLockTM system stands out as a top choice for tank owners striving for optimal safety and regulatory compliance.

Mesa ETP’s Bubble Seal Wiper Tip is a secondary seal profile proven through years of industry use, now combined with the custom design features of WG Seals’ products. The lower-profile contact area of the extrusion along with the seal’s carefully engineered compression forces provides excellent performance characteristics in various petroleum products, particularly sticky crude oil or other sticky residue products. Engineered with precision and durability, this seal significantly reduces vapor emissions, making it an indispensable tool for industries that prioritise environmental responsibility. The SCAQMD endorsement reinforces the Bubble Secondary Seal’s efficiency and ability to meet stringent air quality regulations.

“At Mesa ETP, we are commited to delivering high-quality products that exceed industry standards and protect our environment,” said Tim Nymberg, CEO of Mesa ETP. “The SCAQMD approval of our ClipLockTM and Bubble Seal Wiper Tip products is a testament to our dedication to excellence and our unwavering commitment to sustainability.”

Mesa ETP’s products have long been recognised for their reliability and innovation, and this recent approval by the SCAQMD further solidifies our reputation as industry leaders. The company’s ongoing investment in research and development, coupled with a focus on customer-centric solutions, has positioned Mesa ETP as a preferred partner for organisations seeking cuting-edge environmental protection solutions.

The ClipLockTM and Bubble Seal Wiper Tip products join other products in Mesa ETP’s WG Seals product line such as 5” Wiper Tip, Duo-Tip Wiper Tip, and Mechanical Shoe Seal to achieve SCAQMD approval.

For more information visit www.mesaetp.com

Falcker is growing, and growth takes investment. Falcker are delighted to announce that they have secured funding from Belgium-based venture capital firm 9.5 Ventures. The investment means they can now accelerate growth in strategic storage tank territories, including Central Europe, South East Asia, and North America.

Where We Are Today

This year Falcker have turned a profit for the first time in their history. It’s something they have worked towards, and they’re proud of their achievement. But it doesn’t end there. Falcker want to continue with this momentum.

Falcker know they a growing company, and there are two routes they can take to expand into new markets – with investment or without it. With no external investment, they could continue to grow slowly. But this gives competitors the chance to catch up with their market-leading solutions for digitising the maintenance of storage tanks.

So for around a year now, Falcker have been exploring opportunities to build on their success. Right now they have a powerful platform, happy customers, great partners, and a host of new features. They are hearing lots of positive noises about Falcker in the marketplace.

The time is right to scale, and they want to do it properly. That’s why Falcker have set out a strategic roadmap for growth.

Where We’re Headed Tomorrow

Their roadmap is based on three key pillars: win more customers, operate more efficiently, and work to a playbook for global growth. By bringing in external investment, they can catalyse growth.

Pace of growth is important. Why? Because they are in a niche. Falcker is in the right place at the right time. They have a unique proposition. But if they don’t accelerate growth quickly, major players with significant amounts to invest will begin to break into this market.

By taking no action, they risk losing their lead in the market. They need acceleration to maintain their pole position. Since merging Falcker and Symbioo, they have a strong software development team working in Indonesia to develop new features for their customers. That’s backed up by a growing team that can be easily scaled through an additional, flexible workforce. But they still need to do more to bring their product to new markets.

Clearly, Falcker need a stronger presence in key global hubs. That requires a well-planned ‘land and expand’ strategy. So they have set their sights on four key locations: Central Europe, Singapore, Houston, and the Middle East.

The Way Forward With 9.5 Ventures

In each location, Falcker are planning to optimise the sales cycle and the onboarding of new customers with a hand-picked team of specialists, made up of an executive sales agent, sales reps, preferred partners, and delivery managers responsible for customer success. This model will help us scale our operations all over the world – efficiently, effectively, and at high speed.

Having 9.5 Ventures on board means they can accelerate their expansion. But the benefits of working with them are more than financial. They have valuable insight, knowledge, and business intelligence that can help shape and structure their company more effectively. They can help take Falcker to the next level, as they set up new legal entities and manage their regulatory responsibilities and compliance in new territories. There are cultural differences that they need to consider.

Inspecting a tank farm can happen anywhere. The challenges are the same all over the world, and they love to help customers by providing a digital solution that adds value to their operations. Falcker are experts at this. But what’s new at Falcker is putting their solution into new countries. Thankfully, with the backing of 9.5 Ventures, they can now focus on what they do best – helping customers.

For more information visit www.falcker.com

The recent collaboration between daa, the operator of Dublin Airport, and logistics partner Exolum has resulted in a significant step towards a carbon emissions-free airport. The fuel supply station at the airport fuel farm has been refitted to use Hydrotreated Vegetable Oil instead of diesel for the vehicles that supply fuel to aircraft.

By switching to HVO, the fleet of trucks at Dublin Airport will consume 300,000 fewer litres of diesel, leading to a reduction of approximately 1,000 tonnes of CO2 emissions per year. This aligns with Dublin Airport’s goal of achieving net zero emissions by 2050. HVO, a low-carbon biofuel derived from plant waste, oils, and fats, offers a more sustainable alternative to diesel with up to 90 percent fewer emissions.

The use of HVO is particularly suitable for aircraft refuelling vehicles as electric alternatives are not readily available in this context. The collaboration between daa and Exolum demonstrates the importance of working together to achieve sustainability goals. The positive change not only benefits the two organisations but also extends to the airlines and into-plane service companies operating at Dublin Airport.

Dublin Airport, as the busiest airport in Ireland, serves a wide range of flights to over 190 destinations operated by 44 different airlines. Exolum, a trusted supplier for the airport, manages the storage terminal and provides logistics services for the receipt, storage, and dispatch of Jet A-1 fuel under a concession arrangement with daa.

For more information visit www.daa.ie and www.exolum.com

Trafigura Group Pte Ltd., a market leader in the global commodities industry, has successfully entered into two Revolving Credit Facilities, for a total combined amount of USD400 million, with insurance from the Export-Import Bank of the United States. The facilities will exclusively be used by the Company to purchase LNG cargoes from US exporters for supply to customers primarily in Europe, providing energy security through replacement of Russian gas due to the war in Ukraine.

The signing of the agreements follows approval by the US EXIM Board of Directors of two Financial Institution Buyer Credit policies issued to two financial institutions, including Citibank, for short-term facilities being extended to Trafigura.

Image supplied : Trafigura Group Pte Ltd

Christophe Salmon, Trafigura’s Group chief financial officer said: “We’re delighted to have successfully closed the first LNG-based facilities backed by US EXIM’s FIBC insurance policy, which supports American jobs by facilitating US exports.”

Citibank, N.A. acted as sole arranger with Citibank, N.A., London Branch as ECA Agent and Lender for one of the facilities.

For more information visit www.trafigura.com

MAIRE announces that Tecnimont, part of the Integrated E&C Solutions business unit, signed a Letter of Award with ADNOC for the onshore processing plant of the Hail and Ghasha Development Project. The award was signed at ADIPEC, the world’s largest energy summit.

The Hail and Ghasha project is aimed to operate with net zero CO2 emissions, in part due to the facility’s CO2 carbon capture and recovery units, which will allow the capture and storage of CO2.

The overall EPC contract value is approximately USD 8.7 billion and project completion is expected during 2028. The scope of work includes two gas processing units, three sulphur recovery sections, the associated utilities and offsites as well as export pipelines. Tecnimont will also leverage the competences of MAIRE’s Sustainable Technology Solutions division to develop innovative digital solutions aimed at reducing emissions and optimising energy consumption, allowing a significant efficiency of the plant in terms of opex and capex.

The engineering and procurement activities will be executed by several dedicated teams in Europe, India and the UAE, under the central coordination of MAIRE’s Milan headquarters. In particular, MAIRE’s UAE procurement hub will ensure the maximisation of the local suppliers’ involvement, aimed at providing significant value to the local economy.

MAIRE has been active in the UAE since the late ‘90s, with several strategic projects in the Country for an overall total value of approximately USD 17 billion, starting from the first polyolefin plant completed in 2001 (Borouge 1). Additionally, the Group can leverage on a world class track record and experience in delivering large gas treatment plants and sulphur recovery projects.

Alessandro Bernini, MAIRE Group CEO, commented: “Today we have been awarded the largest contract ever for the MAIRE Group, a multi-billion-dollar project which will significantly boost the delivery of our 10-year strategic plan. We are honoured to have achieved this great result with a leading global player such as ADNOC, as it represents further evidence of the strength of our long-lasting and fruitful relationship. This award, a landmark recognition of Made in Italy Engineering, is a demonstration not only of our leadership in sulphur recovery and in gas treatment plants but, more broadly, of our undisputed execution capabilities as well as our technological expertise in designing carbon-free industrial solutions.”

For more information visit www.mairetecnimont.com/en/

Neptune Energy announced drilling has commenced on the Ofelia appraisal well in the Norwegian sector of the North Sea.

The Ofelia discovery (PL 929) was made in August 2022 and is located approximately 14 kilometres north of the Neptune-operated Gjøa field.

Preliminary estimates of recoverable volume are in the range of 2.5-6.2 million standard cubic metres (MSm3) or 16-39 million barrels of oil equivalents (mmboe). The new well aims to appraise and fully evaluate the hydrocarbon discovery in the Ofelia Agat formation. A secondary target is to evaluate an upside of gas charged reservoir in the shallower Kyrre Formation.

Neptune Energy’s director of subsurface in Norway, Steinar Meland, said: “The Ofelia discovery fits our strategy of focusing on opportunities within core areas near existing infrastructure.

“The Ofelia discovery could be tied back to the Neptune-operated Gjøa platform and produce at less than half the average carbon intensity of Norwegian Continental Shelf fields 1.”

The main reservoir target is the Lower Cretaceous Agat Formation and is expected to be reached at a depth of approximately 2,530 metres.

The well, 35/6-4 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling.

For more information visit www.neptuneenergy.com

Gen2 Energy and SEFE Securing Energy for Europe, via its subsidiary WINGAS GmbH, have signed a Transaction Term Sheet for the delivery of green hydrogen. This defines the terms and conditions for a final sales and purchasing agreement and represents as such a major step to realise the import of green hydrogen from Norway to Germany.

Earlier in December 2022, a Memorandum of Understanding was signed between SEFE and Gen2 Energy. By signing this Transaction Term Sheet the companies confirm their commitment to succeed in establishing a supply chain for green hydrogen between the two countries.

The Term Sheet represents significant progress on Gen2 Energy’s path to delivering green hydrogen from their first production plant in Mosjøen, Norway, and provides the company with credible evidence of market interest and commitment, a vital element towards a final investment decision for the hydrogen plant and related supply-chain.

Frédéric Barnaud, chief commercial officer of SEFE says: “Together with our Norwegian partner we have made significant strides in aligning our strategies and conditions for the successful delivery of green hydrogen in the near future. The signing of Term Sheet empowers SEFE to enter more advanced discussions with our valued end-users. This milestone paves the way for innovative and environmentally friendly solutions to meet the energy demands of the German market.”

Jonas Meyer, chief executive officer in Gen2 Energy, says: “We are excited about what we have achieved with SEFE since the MoU was signed some months ago. This Term Sheet not only reinforces our commitment to providing green hydrogen but also represents a key step towards securing the necessary investments to make our project a reality.”

For more information visit www.gen2energy.com

Stolt-Nielsen Limited has reported its unaudited results for the third quarter ending August 31, 2023. The company achieved a net profit of $90.1 million and revenue of $694.4 million, compared to a net profit of $8.3 million and revenue of $721.9 million in the second quarter.

The second quarter of 2023 included a loss provision of $155.0 million related to the MSC Flaminia, impacting the net profit. However, the net profit for the nine months of 2023 reached $198.2 million with revenue of $2,125.0 million, compared to a net profit of $185.6 million and revenue of $2,039.3 million in the first nine months of 2022.

Udo Lange, the chief executive officer of Stolt-Nielsen Limited, highlighted the strong standing of the company and the positive market momentum. He also expressed satisfaction with the diverse portfolio of businesses and the strong performance of Stolt Tankers, which benefited from firm contract freight rates and improved volumes. Stolthaven Terminals enjoyed high utilisation rates and was able to renew contracts with rate increases. Stolt Tank Containers increased shipment volumes, although at lower margins. Stolt Sea Farm saw rising demand during the summer months, and prices reached record highs for certain products.

Lange expressed his positive outlook for the company and emphasized the dedication of Stolt-Nielsen’s employees to excellence and customer satisfaction. He looks forward to building on the company’s positive energy as they continue to drive the company forward.

For more information visit www.stolt-nielsen.com

His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundation stone of the North Field expansion project, which will raise the State of Qatar’s LNG production capacity from the current 77 million tonnes per annum to 126 MTPA by 2026.

The project’s ground breaking took place during a special ceremony at Ras Laffan Industrial City attended by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the president and CEO of QatarEnergy, and the CEOs and senior executives of QatarEnergy’s partners in the expansion project.

The project includes six mega trains, each with a production capacity of eight MTPA of LNG, four of which are part of the North Field East expansion project, and two are part of the North Field South expansion project, contributing a total of 48 MTPA to the global LNG supplies.

Speaking at the ground breaking ceremony, His Excellency Mr. Saad Sherida Al-Kaabi stressed that this pioneering expansion project is a quantum leap in the country’s leadership in the field of energy, and an embodiment of their goals towards optimal investment in their natural resources and their commitment to providing the world with a cleaner source of energy over many decades.

His Excellency Minister Al-Kaabi said: “On the local level, this project will have short- and long-term impacts that will be reflected across all sectors of the Qatari economy and will significantly enhance the State’s revenues. This major expansion comes at a crucial time, as natural gas occupies a pivotal position in the energy mix in a world facing geopolitical turbulences and is in dire need of clean energy sources that are in line with the global environmental goals.”

His Excellency the Minister of State for Energy Affairs, the president and CEO of QatarEnergy, said: “There is no doubt that these additional quantities of natural gas are of great importance as they will play a prominent role in enhancing energy security, supporting a practical and realistic energy transition, and ensuring fair and equitable access to cleaner energy for a sustainable growth and a better future for all.”

His Excellency Minister Al-Kaabi concluded his remarks by thanking QatarEnergy’s partners, and the working teams of Qatar Energy and QatarEnergy LNG, and the contractors working to implement this project with the highest quality and safety standards.

His Excellency said: “I am honoured to extend ample thanks and gratitude to His Highness the Amir, Sheikh Tamim bin Hamad Al Thani, for honouring us with his presence and patronage of this celebration, and for his unlimited support and guidance to us in the Energy Sector.”

QatarEnergy is partnered in this global project by TotalEnergies, Shell, ConocoPhillips, ExxonMobil, Eni, Sinopec, and CNPC, whose contributions will play a pivotal role in ensuring the project’s success and achieving its goals by producing LNG that is the best in the world in terms of safety, reliability, and carbon footprint.

In addition to LNG, the project will produce 6,500 tonnes per day of ethane gas, which will be used as a feedstock in the local petrochemical industries. The project will also produce about 200,000 barrels per day of liquefied petroleum gas (propane and butane), and about 450,000 barrels per day of condensates, in addition to large quantities of helium and pure sulfur.

For more information visit www.qatarenergy.qa

Emerson, a global technology and software leader, has announced a series of new technology releases that will support its boundless automation vision. These releases aim to create a next-generation automation platform that will deliver smarter, safer, optimised, and sustainable industrial operations.

The new technology releases will go beyond traditional control systems and create a more advanced automation platform that contextualises and democratises data for both people and AI engines. This will have a tangible impact on projects that Emerson’s customers are currently developing. The innovations will break down data silos in areas such as sensing, analytics, reliability, and control, creating a single ecosystem of seamlessly connected technologies that move contextualised data from the intelligent field through the edge and into the cloud.

Emerson has shared its new DeltaV Edge Environment, which provides secure ways to move data from the automation platform to various destinations such as data lakes, data scientists, analytics applications in the cloud, and enterprise resource planning systems, without losing valuable operational context.

The company has also announced technologies that support increased bandwidth and intrinsically safe connectivity of Ethernet advanced physical layer. By enabling APL across a broader spectrum of protocols, Emerson is making it easier for customers to integrate intelligent field devices into the DeltaV automation platform, expanding visibility and empowering users and systems to manage complex problems and system interactions.

As Emerson transitions to a more software-defined platform and eliminates traditional server and storage silos, they have introduced the DeltaV PK Flex Controller. This controller allows users to leverage subscription-based services, using only the technologies they need, with the flexibility to add functionality at any time. Subscription options also enable teams to reduce capital costs and shift expenses to the operating expense budget. Emerson plans to add more than 16 services to its subscription portfolio, providing customers with flexible business models to drive innovation and growth.

Emerson has also introduced new software-as-a-service, cloud-hosted solutions that bring data from the edge into the cloud. These solutions combine cloud data with AI tools to upskill personnel and address experienced worker shortages. AI analytics tools, such as AMS Optics and Aspen Mtell, help teams build models for predictive and prescriptive maintenance strategies, unlocking autonomous plant operations and creating a new paradigm of centralised operations where highly skilled personnel work in tandem with AI.

Furthermore, Emerson’s Ovation Green solutions, including asset management and supervisory control and data acquisition software, unify data from renewable energy assets into a single management tool. This enables holistic automation across the power grid. Additionally, tools like AMS Data Server make it easier for users to extract critical information from the intelligent field and use it in cloud-based applications for cross-functional teams.

These new technologies from Emerson are available for inclusion in capital project planning and will help companies prepare for the future of automation, driven by more efficient and sustainable production. The technologies will optimise performance, sustainability, safety, and production in industries such as specialty chemicals, energy, life sciences, mining, and power generation.

For more information visit www.emerson.com/en-be

Shell Global Solutions International B.V. and MAN Energy Solutions SE partnered in 2021 to develop Reverse Water Gas Shift technology. RWGS is a key technological building block for the production of e-fuels, as it enables the production of synthesis gas from carbon dioxide and hydrogen. A jointly designed and operated pilot plant was started up at the MAN facilities in Deggendorf, Germany, in early 2023 and has been running successfully since then.

Shell’s extensive knowledge and legacy in Gas-To-Liquids technology, combined with RWGS technology enables another pathway to produce lower-carbon fuels, in line with Shell’s goal to deliver more value with less emissions. “Shell is committed to providing feasible solutions for a lower-carbon future, working with partners in developing technologies to support this goal,” said HP Calis, general manager GTL/XTL Technology at Shell. “The flawless start-up and operation of the RWGS pilot plant, based on a multitubular fixed-bed catalytic process, illustrates the power of our strong and long-standing relationship with MAN,”continues Calis. This relationship previously resulted in the multitubular reactors deployed in the world-scale Pearl GTL facility in Qatar for the Fischer-Tropsch process step.

Michael Plöckl, head of product line components at MAN Energy Solutions, added: “The RWGS reactor technology perfectly complements our portfolio of decarbonisation technologies as the production of e-fuels in large quantities is essential to reach climate goals. Our MAN DWE® RWGS reactor concept enables an efficient supply of renewable syngas for e-fuel production. With our pilot plant in Deggendorf we established a solution which is suitable for world-scale plants.”

For more information visit www.shell.com

Tokyo-based INPEX Corporation, Paris-based Air Liquide Group, Oklahoma City-based LSB Industries, Inc., and Houston-based Vopak Moda Houston LLC have agreed to collaborate on the pre-FEED for the development of a large-scale, low-carbon ammonia production and export project on the Houston Ship Channel. If the development proceeds, the project’s first phase is targeted to produce more than 1.1 million tonnes per annum of low-carbon ammonia by the end of 2027, with options for future expansions.

The parties completed a feasibility study on the project earlier this year and the preferred facility’s location on the Houston Ship Channel, the second largest petrochemical corridor in the world, leverages existing infrastructure assets. Vopak Moda has invested in storage and handling infrastructure for bulk liquid products and currently operates an ammonia terminal that includes storage tanks and a newbuild dock with multiple deep-water berths. The project also has access to utilities and would be near multiple pipelines that could supply raw materials like natural gas and water.

The project partners will bring complementary expertise to the production, operation, storage and export for the advancement of low-carbon ammonia production in the US:

• Air Liquide and INPEX would collaborate on low-carbon hydrogen production. Air Liquide would supply its AutoThermal Reforming technology, an ideal solution for large-scale hydrogen production projects, combined with its proprietary carbon capture technology. The combination of ATR technology with carbon capture aims to capture at least 95 percent of direct CO2 emissions from hydrogen production with at least 1.6 MTPA CO2 captured and permanently sequestered from this project. Air Liquide would be responsible for onsite nitrogen and oxygen production, using its proprietary Air Separation Unit technology.
• LSB and INPEX would collaborate on low-carbon ammonia production. LSB would lead the selection of the ammonia loop technology provider, the pre-FEED, and the engineering, procurement and construction of the facility. LSB would also be responsible for the day-to-day operation of the ammonia loop.
• INPEX and LSB would sell the low-carbon ammonia and finalise off-take agreements with the numerous parties that have expressed interest and could also further partner in the project. The majority of the product would be used for power generation in Asia with some volumes going to Europe and the US. INPEX, with stakes in both hydrogen and ammonia production, will likely be the largest investor in the overall project across the entire value chain, from production to export.
• Vopak Moda currently operates ammonia storage and handling infrastructure from its Very Large Gas Carriers -capable deepwater berth which is located in the deepest part of the Houston Ship Channel. Vopak Moda will maintain its ownership of the existing infrastructure and plans to build additional storage capacity as required to handle the low-carbon ammonia production of the proposed new facility.

INPEX representative director, president & CEO Takayuki Ueda said, “As we approach the achievement of our net zero target by 2050, the unveiling of our low carbon ammonia project in Texas, USA, stands as a momentous testament to INPEX’s strong commitment to environmental leadership. This innovative endeavor marks a significant milestone to create a clean fuel supply chain for a sustainable future. By harnessing the power of cutting-edge technologies and collaborative partnerships with Air Liquide, LSB and Vopak Moda, we are accelerating the transition to a low-carbon world, while solidifying our position as a pioneer in energy transformation and a responsible global energy player.”

“This project is well aligned with our strategy to become a leader in the global energy transition through the production of low-carbon ammonia,” stated Mark Behrman, LSB Industries president and CEO. “As a long-standing, highly experienced nitrogen producer and developer of nitrogen production facilities, we are uniquely positioned to play a key role in a critical element of this project by overseeing the design, construction and operation of the ammonia loop. We are excited to be part of this consortium, comprised of best-in-class energy-related companies, and look forward to working with them as we make the vision of this world scale clean ammonia facility a reality.”

Maria Ciliberti, Vopak president US and Canada, and Moda Midstream Co-Founder and CEO Jonathan Ackerman released a joint statement about the project: “The worldwide movement to decarbonise industry and transportation will drive strong global demand for low-carbon ammonia. Vopak Moda has invested in our talented, experienced workforce and state-of-the art storage and marine infrastructure to be a leader in the emerging low-carbon ammonia export market. We believe the unbeatable combination of project expertise, technology, off-taker relationships and market credibility position Vopak Moda, Air Liquide, INPEX and LSB to be first movers for a new wave of low-carbon energy exports.”

Adam Peters, CEO of Air Liquide North America, said: “Air Liquide is committed to working with its customers and industry partners to provide innovative and sustainable technology solutions to decarbonise traditional industrial processes, like ammonia production. We are proud to contribute our hydrogen production expertise and portfolio of sustainable technologies in order to produce low-carbon hydrogen to support decarbonisation of industrial markets. Together with our customers, we can reduce carbon emissions in industrial basins and advance toward a more sustainable future.”

For more information visit www.vopak.com