Competitive Power Ventures has announced that the CPV Three Rivers Energy Centre, located in Grundy County, Illinois, has achieved commercial operation and is now providing clean, safe and reliable power to the electric grid. The $1.3 billion project, managed by CPV and co-owned along with Osaka Gas USA, Concord Infrastructure Investments, Harrison Street and Axium Infrastructure is one of the most efficient and lowest emitting facilities of its kind in the world and will serve as a foundational element for the state and nation’s energy transition.

“CPV Three Rivers is the next of a series of very ambitious projects we have constructed over the last decade,” said Gary Lambert, CPV’s president and CEO. “After reaching financial close and starting construction in August 2020, in the middle of a global pandemic, the outstanding team of individuals from CPV working closely with Kiewit and GE as well as the many local contractors, unions, state leadership, numerous stakeholders and community leaders worked tirelessly to complete this state-of- the-art energy centre with an exceptional safety record, including zero lost-time accidents.”

Located 60 miles south of Chicago, the combined-cycle facility utilises a state-of-the-art design powered by General Electric’s 7HA.02 turbine technology to produce dispatchable power while lowering emissions for the region and country by displacing older facilities and providing the flexible, on-demand power needed to reliably integrate additional renewable resources.

“It is truly impressive to see this project reach completion after years of development and construction,” said State Senator Sue Rezin (R-Peru). “As a longtime supporter of this project, I am excited to see CPV Three Rivers deliver cost-effective and reliable power to the grid, and I look forward to the CPV team continuing to be a part of our community.”

Project construction was successfully completed over the course of 34 months by Kiewit Power Constructors Co. and included as many as 900 skilled workers on site during peak construction. Total man hours worked during construction exceeded 2.7 million and the project achieved an impressive zero-time-lost safety record.

“The construction of CPV Three Rivers was an enormous undertaking and we are proud to have partnered with industry leaders CPV and Kiewit to build this project for our community,” said Tim Drea, president of the Illinois AFL-CIO. “Over 500 of our members worked safely and diligently to construct one of the most advanced power generation facilities in Illinois and the country.”

CPV Three Rivers will be staffed by 23 full-time operations personnel and will also create an estimated 75 additional ancillary jobs to provide services to the plant. The project will also contribute significant tax revenue which will support vital public services and school funding. “I am beyond thrilled by the completion of this monumental investment in Grundy County and our community” said Nancy E. Norton, CEO and president of the Grundy County Economic Development Council. “The whole CPV Three Rivers team, and everyone involved with this project, have been tremendous to work with and we look forward to having them be a part of our community for years to come.”

Connected to the PJM Interconnection system, CPV Three Rivers will sell its energy, capacity and ancillary services into the COMED zone of the PJM market and is capable of powering over 1,000,000 homes and businesses. The project’s dispatchable power is expected to help PJM maintain reliability as it faces potential resource adequacy issues in the years to come due to looming facility retirements and increasing demand due to electrification.

For more information visit www.cpv.com

Crown LNG Holdings AS, a leading provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, and Catcha Investment Corp, a publicly traded special purpose acquisition company, has announced a definitive agreement for a business combination that would result in Crown becoming a US publicly listed company. The combined company, named Crown LNG Holdings Limited, intends to apply to list its shares on the New York Stock Exchange under the new ticker symbol “CGBS”.

Founded with a vision to secure stable energy supplies to growth markets exposed to harsh weather conditions, Crown designs and plans to own and operate offshore LNG terminals in locations where onshore facilities are not feasible or desirable for reasons of harsh weather, safety, cost, or environmental impact.

Crown is active in the two critical parts of the LNG value chain: (1) liquefaction, where natural gas from producers is supercooled to a liquid for transport by ship as LNG, and (2) regasification, where the LNG is turned back into gas and delivered to consumers and businesses as natural gas. With expertise in both areas, Crown has the potential to enable stable, secure, year-round LNG supplies to growing markets and locations exposed to harsh weather conditions. In doing so, the Company aims to expand the global market for LNG (particularly LNG supplied from the US) and contribute to lower carbon emissions in markets it serves by replacing coal with LNG. Crown’s bottom-fixed, gravity based structure design also is expected to ensure lower cost and a reduced environmental footprint versus a comparable land-based LNG terminal alternative.

“This business combination with Catcha is a transformative step for accelerating Crown’s growth, with the aim to provide its investors with a stable, long-term return on their investment,” said Swapan Kataria, CEO of Crown. “Our targeted blue-chip potential customer base will reflect the strong and growing global demand for harsh weather LNG infrastructure allowing for year-round operation to enable the global energy transition and ensure energy security by facilitating access to reliable natural gas supplies, as well as hydrogen, ammonia and power. The capital raised in this transaction will further strengthen our ability to execute on our diversified project pipeline in India, the UK, Vietnam, Canada, and other global markets.”

Catcha’s Patrick Grove said, “Catcha is excited to be partnering with Crown today. The LNG market is being driven by strong market tailwinds, including rising energy security concerns and the increasing use of natural gas as a transition fuel with a tenth of the emissions of coal fired plants. Crown will help to enable LNG access for under-served markets which have been traditionally ignored by existing operators and at the same time benefit everyone in the ecosystem – customers, governments, producers and investors. There is clearly a massive addressable market and use case in regions which experience harsh weather conditions, and we strongly believe that Crown, with their deep industry experience and innovative culture, will be a leader in addressing that demand.”

For more information visit www.crownlng.com

Advanced Ionics, the developer of a new category of hydrogen electrolysers useful for expanding green hydrogen production, closed a $12.5 million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate.

The new capital will help catalyse Advanced Ionics’ growth and facilitate the initial deployment of its Symbion™ water vapour electrolyser technology for heavy industry. Water vapour electrolysers address two of the biggest obstacles to expanding green hydrogen production: cost and electricity requirements.

“bp ventures’ investment in Advanced Ionics is a powerful backing of our technology’s potential to help accelerate green hydrogen’s future and heavy industry’s shift towards decarbonisation,” said Chad Mason, CEO of Advanced Ionics. “The results we’ve achieved in our testing along with early customer interest have indicated that we are an ideal technology provider for industrial customers looking to augment, expand or replace their existing hydrogen production facilities with green hydrogen.”

The company’s water vapour electrolyser helps reduce the cost and electricity requirements for green hydrogen production by symbiotically integrating with standard industrial processes to harness available heat. The system is made of widely available steels and other simple materials rather than expensive metals or materials common in other electrolysers.

Electricity use accounts for more than 70 percent of green hydrogen production costs. Advanced Ionics’ electrolyser stack requires less than 35 kWh per kilogram of produced hydrogen compared to more than 50 kWh per kilogram for typical electrolysers. This lower electricity requirement could make green hydrogen accessible for less than $1 per kilogram at scale.

“Advanced Ionics’ technology has the potential to drive down cost and disrupt the hydrogen market” said Gareth Burns, vice president of bp ventures. “bp has a global portfolio of hydrogen projects, and as the world transitions to a net zero future, it’s important to us to be investing in these technologies and advance the track to deploying green hydrogen. We look forward to working with Advanced Ionics on the next stage of its growth.”

Advanced Ionics will use the funds to expand its team and deliver its next-generation electrolyser systems to early customers. The company is already demonstrating the efficacy of its product through a pilot programme with global energy company Repsol Foundation. In addition to bp Ventures’ investment, bp will also be exploring pilot opportunities with Advanced Ionics. Other investors in Advanced Ionics include Aster, and angel investor collectives Clean Energy Venture Group and SWAN Impact Network.

Hydrogen is one of bp’s five transition growth engines, which also include bioenergy, convenience, electric vehicle charging, and renewables & power. bp plans to increase its investments in those businesses through this decade, while at the same time investing in today’s energy system, as it delivers its strategy of becoming an integrated energy company.

For more information visit www.bp.com

GMA welcomes Rick Miller to the Americas team as regional sales manager.

Rick’s focus will be to support the commercialisation of GMA’s first ever “non-garnet” blast abrasive, which will provide tremendous value to a variety of industries including pre-cast concrete, restoration and remediation, and infrastructure. This new product, which will be available soon, is a high-quality mineral abrasive that will be produced from GMA’s world-class processing facilities in the US.

“With three decades in the abrasives industry, Rick brings a wealth of knowledge and expertise to the GMA organisation and our clients,” said Christian Waters, vice president of sales and marketing for GMA Americas.

“Rick has a consultative approach to selling that allows him to understand the best ways to build trust and deliver value. We are very fortunate to have him as part of our team, and representing this exciting new abrasive.”

For more information visit www.gmagarnet.com/en-gb/

ADNOC Gas plc, a world-class integrated gas processing company, have announced a five-year liquefied natural gas supply agreement with Japan Petroleum Exploration Co., Ltd. (JAPEX), the Japan-based energy company.

The agreement, valued between $450 million (AED1.65 billion) and $550 million (AED 2 billion), builds on the long-standing bilateral relationship between the UAE and Japan and ADNOC’s track record of fostering mutually beneficial strategic partnerships with Japanese energy companies.

Commenting on the agreement, Ahmed Alebri, chief executive officer of ADNOC Gas, said: “Japan is one of the UAE’s largest and most important energy partners and we are very pleased to strengthen this relationship through this LNG supply agreement with JAPEX. The agreement reinforces ADNOC Gas’ position as a global LNG export partner of choice and highlights the Company’s growing global presence, particularly in the Asian LNG market.”

Natural gas plays a crucial role as a transitional fuel with lower carbon emissions compared to other fossil fuels. It also serves as an important raw material in industrial value chains.

ADNOC Gas continues to leverage opportunities arising from ADNOC’s integrated gas masterplan which links every part of the gas value chain in the UAE, ensuring a sustainable and economic supply of natural gas to meet local and international demand.

For more information visit www.adnocgas.ae

Stolt-Nielsen has announced that after 23 years as chief executive officer, Niels G. Stolt-Nielsen will step down from his role as CEO on September 1, 2023, and will assume the role of Chairman of the Board of Stolt-Nielsen Limited. The Company is pleased to announce that he will be succeeded as CEO by Udo Lange.

Udo Lange, who will join Stolt-Nielsen as chief executive officer on September 1, 2023, has more than 20 years of experience in the international trade industry, with expertise in freight forwarding, express and parcel logistics and airline catering.

Udo was most recently president of Healthcare, Logistics and Americas International at FedEx Express, leading a team of more than 50,000 employees across 80 countries. He was also part of the FedEx senior management committee which sets the strategic direction of the circa $90 billion revenue enterprise and has held several other senior roles at FedEx since joining in 2015.

Udo currently serves as a member of the White House Supply Chain Disruptions Task Force and has been involved in the task force’s Freight Logistics Optimisation Works (FLOW) group. He also serves on the boards of the NASDAQ-listed e-commerce startup Freightos (CRGO), the German American Chamber of Commerce of the Southern US and the Memphis Symphony Orchestra and is on the board of trustees of ‘Operation Finale’, an exhibition in Germany about the capture of Nazi Adolf Eichmann.

In June 2020, Udo was named one of the ‘Top 10 Logistics Leaders’ globally by Supply Chain Digital, the industry’s leading magazine. He holds a Ph.D. in economic science from the University of Duisburg, Germany and an MBA from the University of Kaiserslautern, Germany. He is also an alumnus of Harvard Business School.

For more information visit www.stolt-nielsen.com

Yinson Production has performed visual inspection of an FPSO unit in cold lay-up, under the supervision of a DNV class surveyor and via assistance of global inspection company Zener Maritime Solutions. The purpose was to determine the overall condition of the vessel before possible redeployment.

A Scout 137 Drone System from ScoutDI was used inspecting the cargo tanks and an ROV (Remotely Operated Vehicle) operated by AOS Offshore was used for WBT (Water Ballast Tank) inspection. Additionally, an outdoor drone and a hull crawler were used for outside hull inspection.

The drone inspection brought quantified benefits in terms of increased safety, time- and cost savings. As shown below, visual inspection took 1.2 days per tank using the Scout 137 Drone System and would normally take 8 days with a team of rope access technicians.

Overview of time usage for inspection of FPSO cargo tank. Additional comments on data coverage and data availability in the discussion below.

The use of the Scout 137 Drone System and the resulting safety and efficiency benefits are the focus of this article. But it is important to note that the Scout Portal was used to store, present and manage visual data from all the mentioned data-collecting robots. This provides all stakeholders with one well-organised, online digital interface to access all inspection data from the entire project.

Another observed benefit is that work pack compliance can be established in post. Even though a class surveyor was physically present, it was concluded that this is not strictly necessary. Inspection compliance and data assessment can be done entirely off-site via full inspection replay in the Scout Portal.

This saves travel and logistics and offers great flexibility to all the involved. Performing drone inspections as needed during class inspection cycles has clear advantages with regards to operational agility and efficiency, in addition to advantages with safety, cost, data coverage, -quality and -availability.

For more information visit www.scoutdi.com

Musket Corp., the trading and logistics arm of the Love’s Family of Companies, has added an additional diesel exhaust fluid terminal to its portfolio.

The Plymouth, Minnesota, location is Musket’s third terminal to open in 2023 and will provide sustainable jobs for the community.

The Plymouth terminal will support bulk diesel exhaust fluid demand as well as packaged goods ranging from 375-gallon IBCs to 2.5-gallon jugs. Musket’s DEF terminals use best-in-class quality control procedures, manufacturing the highest-quality product providing convenient and reliable 24/7/365 access to DEF for its customers with supply options to support wholesale distributors, retail outlets and commercial truck drivers, including Gemini Motor Transport, which supplies Love’s Travel Stops throughout the region.

All facilities produce the highest-quality product, meeting ISO 22241 standards not only to provide reliable supply for customer needs but to help protect their assets by reducing time on the road and wear and tear on heavy-duty vehicles. Musket currently has 25 terminals across 19 states with plans for additional terminals in 2024.

Musket is one of the largest trading and supply companies in the US and specialises in commodity supply and logistics across North America. Headquartered in Houston, Musket also has a footprint in Oklahoma and Europe, employing more than 300 people.

For more information visit www.musketcorp.com

Essar Oil UK are really pleased to welcome Bill Esterson MP and Justin Madders MP this week.

Essar Oil demonstrated their commitment to becoming the UK’s first low carbon refinery, investing over the next five years to lower emissions by their decarbonising production processes.

As part of their plan, they’re delivering a 75 percent cut in emissions by the end of the decade and will be net zero by 2040.

Stanlow will be amongst the first low carbon refineries globally, setting the global benchmark for lower emitting refineries and showcasing the pathway to decarbonise high emitting industries.

Their investment is aligned to delivering the UK Government’s Ten Point Green Industrial Revolution’s hydrogen target and the British Energy Security Strategy.

Essar Oil UK is at the heart of HyNet, the UK’s leading industrial decarbonisation cluster and carbon capture and fuel switching are central to their plan.

Vertex Hydrogen is developing 1 gigawatt (GW) of blue hydrogen for the UK market, with follow-on capacity set to reach 3.8GW. It is the UK’s first mover in low-cost hydrogen production.

They’re committed to securing manufacturing for the long-term future, ensuring the UK maintains a strong, secure manufacturing base for fuels, and continues to have a positive impact on the economy of the North West.

For more information visit www.essaroil.co.uk

Specialty chemicals company Infineum announces that they have entered into a strategic agreement with World Fuel Services. Effective immediately, World Fuel Services will act as global distributor for Infineum’s Marine Fuel Additives product line.

On announcing the agreement, Andrea Ghione, marine venture manager at Infineum commented: “At Infineum our purpose is to create a sustainable future through innovative chemistry. Our Marine Fuel Additives portfolio is designed to deliver fuel efficiency, GHG emissions reduction and onboard operability solutions to the shipping industry. This collaboration with World Fuel Services will support the industry’s decarbonisation efforts, and we are confident that the partnership will deliver outstanding quality and exceptional customer service. Customers will also benefit from a strong logistics footprint starting in Singapore and expanding to ports around the world.”

“This is an important agreement that will be beneficial to maritime customers by expanding the availability of Infineum’s Marine Fuel Additives product range. Both companies share the same commitment to sustainability and to decarbonised shipping operations. We are, therefore, extremely pleased to enter into this agreement and look forward to a close working relationship,” said Mark Tamsitt, senior vice president, Marine at World Fuel Services.

For more information visit www.marine.wfscorp.com

In 2022, 49 percent of the open technical positions at Exolum were filled by women. This fact helps to strengthen the relevance of female STEAM profiles in a traditionally male sector where, according to the La Caixa Social Observatory, only 16 percent of professionals in science, technology, engineering and maths in the country are women.

Exolum is firmly committed to the establishment of measures leading to equal opportunities and the creation of quality jobs. In relation to STEAM professions, the company is part of the STEAM Alliance for female talent. Girls standing for science’, an initiative of the Spanish Ministry of Education and Vocational Training to encourage STEAM vocations among girls and young women, as well as to design collaboration strategies among the public administrations, the education and business worlds and civil society organisations.

Cristina Jaraba, Exolum’s Global People Lead, highlighted that “at Exolum we are fully aware that diversity and equality are strategic pillars that generate value and help us capture and retain talent. Diversity in STEAM, as in any other area, is essential for enrichment and progress. At our company, we work hard and with enthusiasm so that this becomes a fact not only in our company but across the whole industry.”

Exolum fosters diversity and equality among its employees and promotes mechanisms to increase the presence of women in the organisation, in a sector such as energy that has historically employed more men. For such purpose, it carries out initiatives that promote diversity and result in an increasingly diverse, safe and inclusive working environment that generates value for the company.

In this regard, inclusion is ensured at the final stages of the hiring process with a diverse and multidisciplinary panel of interviewers that brings in different points of view and sensitivities. In addition, there has been proposal to include as a requirement for new hires that, of the three final candidates to fill the most relevant positions, at least one must be a person of the least represented gender in the team of the position being filled. We also participate in programmes for the development of female talent in cooperation with business schools or associations.

The company has also created a Diversity Committee, the purpose of which is to foster internal and external awareness in this area by collaborating with organisations that share similar aspirations and objectives. Moreover, the Diversity Committee has established monitoring indicators and oversees the company’s performance in this area.

For more information visit www.exolum.com

LBC Tank Terminals has announced the acquisition of the 25 percent shares previously held by Cepsa Química in the terminal located at the Scheldelaan in Antwerp.

This move is seen as a significant milestone for LBC in Europe, as it allows for further growth of the terminal. With access to additional land and a strategic location in the port of Antwerp, the terminal is well-positioned to take advantage of the opportunities and new products that will arise from the energy transition.

Erik Kleine, general manager Europe, expressed excitement about the acquisition and highlighted LBC’s commitment to safety, sustainability, service, and efficiency. The company aims to be a connected partner for its customers.

For more information visit www.lbctt.com

WSG Energy Services has announced the sale of its Well Intervention division, a move that will pave the way for investment and expansion for the rebranded company. WSGES plans to use the funds raised from the sale to fuel its international expansion in the Process, Pipeline & Industrial Services (PPIS) sector. The Netherlands-based company, which already has a strong global presence, aims to establish a permanent presence in North America to capitalize on recent project successes. The sale proceeds will also be allocated towards acquisitions and research and development (R&D) efforts to enhance the company’s emissions management processes and technologies. WSGES is focused on meeting the demand from energy companies seeking to reduce emissions and achieve net-zero goals.

Founded in 2005, WSG initially specialised in coiled tubing and slickline services before expanding its offerings to become the largest independently owned provider of process, pipeline, and industrial services to the UK and European refining and LNG sectors. Geert Prins, the company’s founder, will remain involved as Chairman, while Andrew Burrell continues in his role as CEO to lead the global growth of WSG Energy Services.

WSGES has recently made strategic acquisitions, including Eftech International in Perth, Australia, and a management team in Singapore, which have expanded its market share in Australasia and extended its service offering to the European gas and petrochemical sectors through the acquisition of Nitrovia, based in France.

Andrew Burrell, CEO of WSG Energy Services, expressed confidence in the future success of the Well Intervention division under its new ownership. He highlighted the company’s long-term strategy of focusing on midstream/downstream operations, specifically in Process, Pipeline, and Industrial services. With recent acquisitions and increased investment, WSGES is well-positioned to grow its business. Burrell emphasized the company’s commitment to R&D and its innovative emissions management capabilities, which present significant opportunities in the energy transition sector.

Geert Prins, Chairman of WSG Energy Services, spoke highly of the Well Intervention division’s new owner, Excellence Logging, and its potential for continued success in the upstream sector. Prins expressed confidence in the leadership of Andrew Burrell and the highly experienced international management team to drive the company’s future growth. He highlighted the importance of diversification into alternative sectors and the development of new products to address emissions management, aligning with the energy sector’s commitment to sustainability. Prins teased exciting developments in the pipeline for WSGES.

For more information visit www.wellservices-group.com

Stolthaven Terminals’ Singapore facility has once again emerged as the recipient of the prestigious Dow SEA S4TAR award for terminals. This remarkable achievement marks the third consecutive year that they have claimed this honor. The Dow Chemicals’ S4TAR SEA program was established to foster collaboration with logistics services partners in the Southeast Asia region and recognise outstanding performance in safety, service, sustainability, and social responsibility.

Following a rigorous assessment conducted by Dow, Stolthaven Singapore demonstrated remarkable strength across all four evaluation categories. General manager Chek Chai Foo highlighted two areas in which they excelled. Firstly, Dow commended their consistently good and reliable service, which was further bolstered by an electronic data interchange project. Secondly, they achieved significantly higher sustainability scores compared to their competitors. This can be attributed to their extensive range of local sustainability initiatives, including the implementation of green terminal transportation.

As part of their commitment to sustainability, Stolthaven Singapore took a creative approach by acquiring pre-owned electric golf buggies from a nearby golf club. These golf buggies are now being utilised to transport larger equipment within the terminal, effectively repurposing them and reducing waste. Additionally, refurbished bicycles serve as the primary mode of transportation for employees and visitors, promoting a greener environment while also promoting a healthy lifestyle. In another impactful move, Stolthaven Singapore made the decision to eliminate the use of disposable plastic cutlery and utensils onsite starting from 2022.

General manager Chek Chai Foo expressed his pride in the team’s achievement and emphasised their unwavering dedication to safety, customer service, sustainability, and social responsibility. He acknowledged the crucial role played by the passionate and dedicated team members, as well as the contributions from colleagues in the global team and shared functions. This remarkable hat-trick of awards not only showcases Stolthaven Singapore’s commitment to excellence but also underlines their belief in the importance of optimising their business, delivering exceptional services to customers, and fostering strong relationships within the community.

In addition to the success of Stolthaven Singapore, it is worth noting that Stolthaven Santos in Brazil and Stolthaven Moerdijk in the Netherlands have also recently been recognised by Dow for their exceptional performance in safety, service, and sustainability. These achievements further reinforce the company’s commitment to excellence across its global operations.

For more information visit www.stolt-nielsen.com/our-businesses/stolthaven-terminals/

Baker Hughes, an energy technology company, have announced a memorandum of understanding with airport management and operations company Avports to develop, implement and operate onsite microgrid solutions for the airport industry. The collaboration agreement addresses emissions reduction and the global industry’s goal to focus on zero-emission buildings, horizontal airport infrastructure, vehicles and aircraft systems.

At their managed airport locations, Avports focuses on airport innovation and sustainability initiatives that include power resilience and using power solutions such as green hydrogen. With Baker Hughes’ broad energy technology portfolio, which includes both hydrogen-ready turbines and heat recovery solutions ideal for microgrid applications, this collaboration will accelerate the adoption and development of customised microgrids to address each airport’s specific needs.

“Baker Hughes’ commitment to emissions reductions has allowed us to develop and successfully deploy low-carbon and hydrogen technologies to advance the energy transition in many industries,” said Bob Perez, vice president of project development at Baker Hughes. “The opportunity to bring these solutions to airports, in collaboration with Avports’ proven track record in airport management, is very promising as the increasing needs and demands of these infrastructures must be more resilient, efficient and cost-effective.”

Together, Avports and Baker Hughes are committed to a more sustainable industry that will bring maximum value to airport owners, users and communities.

“Providing a technical and economic roadmap to airports to meet their energy needs of the future is key as an airport management and operations company,” said Jorge Roberts, CEO of Avports. “Our partnership with Baker Hughes brings world-class technology and know-how together with our ability to support airport customers to realize these solutions at their facility.”

For more information visit www.investors.bakerhughes.com

Stanlow Terminals Ltd and Eni UK Ltd have signed a Memorandum of Understanding to collaborate on the development of carbon dioxide transport and storage projects in the UK. Stanlow Terminals, the largest independent bulk liquid storage provider in the UK, will work with Eni UK, the UK subsidiary of global energy company Eni, to explore the collection, shipping, and storage of CO2 at the Stanlow Terminal location. The aim is to then deliver the CO2 to Eni UK’s carbon transport and storage infrastructures being developed in the North West region of the UK.

The two companies will assess opportunities to establish an open-access CO2 transport and storage terminal that can receive, gather, and store CO2 from various industrial emitters and sources through shipping from different locations. The ultimate objective is to connect multiple emitters with Eni UK’s licensed storage location via an open-access system, enabling the sequestration of significant volumes of CO2.

The development of CO2 ship transportation is crucial for expanding carbon capture and storage infrastructure as it offers viable and flexible routes between emission sources and storage sites. This infrastructure will provide more industrial companies with the opportunity to transport captured CO2 for storage in depleted gas fields.

This agreement follows Stanlow Terminal’s recent announcement of plans to develop open-access green ammonia facilities on the River Mersey, supporting Essar Energy Transition’s goal of becoming Europe’s leading integrated energy transition hub.

Stanlow Terminals is a part of Essar Energy Transition, which is investing $3.6 billion in various low-carbon energy transition projects over the next five years, with $2.4 billion allocated to sites in the North West of England. EET includes Essar Oil UK, Vertex Hydrogen, EET Hydrogen India, Stanlow Terminals Ltd, and EET Biofuels. This investment programme will play a significant role in accelerating the UK’s low-carbon transformation, supporting the government’s decarbonization policy, and creating employment opportunities in the Northern Powerhouse economy.

Eni UK is leading the development of carbon dioxide transport and storage for the HyNet North West consortium, which aims to transform one of the UK’s most energy-intensive industrial districts into the world’s first low-carbon industrial cluster. Leveraging its extensive experience in reservoir management, Eni UK plans to repurpose part of its existing upstream assets to store carbon dioxide in depleted fields in Liverpool Bay. This initiative will help the UK achieve its net-zero targets by rapidly decarbonising industrial activities in the region at a competitive cost.

For more information visit www.stanlowterminals.co.uk

Sungrow, the leading global inverter and energy storage system solution supplier, signed a contract with Larsen & Toubro to supply inverter skid solutions for a 2.2 GWac PV plant, the largest single-site utility-scale PV Plant in the Middle East, for the NEOM Green Hydrogen Project in Saudi Arabia for the NEOM Green Hydrogen Company. NGHC will produce carbon-free hydrogen using solely renewable energy sources such as wind and solar power to produce up to 600 tonnes per day of carbon-free hydrogen by the end of 2026. This project marks a significant milestone in advancing the Kingdom of Saudi Arabia’s 2030 Vision for a clean and sustainable energy future.

Sungrow is well engaged in the NEOM Green Hydrogen project. Earlier, a few quarters back, Sungrow signed the contract with Larsen & Toubro to supply 400 MWh energy storage systems comprising a DC capacity of 536MW/600MWh to the NEOM Green Hydrogen project. Sungrow’s 1+X Modular Inverter solution for the 2.2 GWac PV plant is another remarkable supply Sungrow contributes to the NEOM Green Hydrogen project.

The solution is an innovation combining the advantages of both central and string inverters, featuring a 1.1 MW single unit as the minimum, and the maximum capacity can be expanded to 8.8 MW by combing eight units together, bringing a more flexible design for different blocks sizes and making the on-site operation and maintenance easier. Each module is designed with an independent MPPT, further improving the power generation capacity of the power plant. Tailored for this gigawatt project, the medium-voltage station integrated 1+X Modular Inverter of 8.8 MW capacity is offered.

As a result of the optimal IP65 high protection capability, the solution is resilient to sandy, dry, and windy conditions. Due to the smart forced air-cooling technology, the inverter solution can work stably in extremely high temperatures.

More importantly, the 1+X Modular Inverter is also equipped with intelligent string-level diagnosis to improve the power yield and real-time parallel arc detection to protect system safety further. Therefore, these advantages help lower the overall operational cost.

“We are proud to be associated with this prestigious project as the EPC solution provider for the renewable energy and associated evacuation infrastructure for this project,” said Mr. T Madhava Das, Whole-Time director & senior executive vice president at L&T. “Our success in the renewable space in Saudi is the outcome of the support from our partners. We are very glad to partner with Sungrow on a project of such magnitude.”

James Wu, Senior vice president of Sungrow, commented: “We are thrilled to partner with Larsen & Toubro to bring our products to the landmark NEOM Green Hydrogen project. We signed the agreement to supply the battery energy storage solution a few months ago. Now we’ve agreed to supply our PV inverter solutions to the project. Sungrow will continue to follow our mission of ‘Clean power for all’ and is preparing for the major challenges and opportunities towards the carbon neutrality of Saudi Arabic.”

For more information visit www.en.sungrowpower.com

Vopak Singapore recently hosted industry think tanks and researchers from Singapore’s Institutes of Higher Learning at its Banyan terminal on Jurong Island. The visit provided an opportunity to showcase Vopak’s expertise in ammonia import, storage, and handling. Chew Kean Aun, the dedicated terminal manager, shared valuable insights into the safe and reliable management of ammonia operations over the past eight years.

During the visit, the guests were given a comprehensive facility tour, allowing them to witness first-hand the ammonia infrastructure at Vopak. This immersive experience provided them with a deeper understanding of the storage tanks, jetties, delivery pipelines, and the skilled workforce required to support ammonia’s adoption.

Ammonia is emerging as a promising zero-carbon fuel for power generation and bunkering, making the establishment of new supply chains crucial. Vopak is committed to supporting the industry in accelerating the adoption of ammonia. With its existing infrastructure and over 20 years of experience in safely storing ammonia, Vopak is well-prepared to play a vital role in this transition.

It is worth noting that Vopak has six locations worldwide where ammonia can be stored. This extensive global presence further underscores Vopak’s expertise and reliability in the field of ammonia storage.

Vopak’s dedication to promoting ammonia as a sustainable fuel source is commendable. Its commitment to safety, reliability, and innovation positions the company as a valuable partner in the ongoing energy transition.

For more information visit www.vopak.com

MSC has acquired the majority stake of AlisCargo Airlines, a Milan-based air freight carrier; the parties confirmed that the transaction is a first step towards the acquisition of 100 percent of AlisCargo Airlines by MSC, expected to happen at the beginning of 2024, once AlisCargo Airlines will restart operations with the delivery of a Boeing 777F. This transaction is yet another step to further developing MSC Air Cargo operations and creates a European gateway and transit point for MSC’s air cargo solutions. Furthermore, the deal complements MSC Air Cargo’s aim to expand its existing trade lane network with better coverage and increased flexibility.

MSC Air Cargo senior vice president Jannie Davel stated: “The acquisition of a majority share in AlisCargo Airlines is a step towards expanding MSC’s Air Cargo solution capabilities, and ultimately providing our customers with a quality and consistent offering. I am equally proud that we have found a partner that shares a common vision with us and has built a strong foundation for which we hope to further develop.”

The majority selling party is represented by the Leali Group, led by Mr. Domenico Alcide Leali who, after the success with Air Dolomiti started AlisCargo Airlines in 2019.

Mr. Giacomo Manzon, general manager of AlisCargo Airlines briefly commented: “I am proud to see a group like MSC entering as a major shareholder of AlisCargo Airlines and developing further the project that Leali Group has initiated. I am thankful for MSC’s trust in us, and we will work hard together to make it a success story.”

MSC Air Cargo has been building up its air cargo offering through numerous strategic partnerships with sales agents and software providers. MSC Air Cargo provides a complementary solution to MSC’s core shipping services and operates two aircraft managed by Atlas Air Worldwide between Europe, Central America and Asia and will add two more in the next 6 months. Following the completion of the operation, MSC Air Cargo will have a new operating license and a fleet of 5 wide-body aircraft within the next 12 months.

Banca Finint acted as financial advisor to Leali Group. Gianni & Origoni acted as legal advisor to MSC and Leali Group, with two separate teams of lawyers from its Milan and Padua offices, respectively.

For more information visit www.msc.com

Getech, a world leading locator of subsurface resources, has launched a solution to pinpoint sites rich in natural hydrogen.

Combining knowledge of natural hydrogen’s genetic systems with Getech’s proprietary data platform, products and machine learning analysis, the firm can predict the location of natural hydrogen deposits in the subsurface.

This emerging low carbon, cost efficient energy source has significant potential to support industrial decarbonisation. Often referred to as white or gold hydrogen, natural hydrogen is a promising commodity, with recent significant investments in new explorers including Denver-based Koloma, which has raised a reported $91 million in funds from investors including Microsoft founder Bill Gates.

Getech’s approach categorises sources, migration paths, reservoir traps and seals which are then integrated with its data tools including the Globe digital platform, which models the earth’s subsurface and uses computational modelling and AI machine learning to provide favourability maps, identifying the sweet spots for developing natural hydrogen.

Richard Bennett, executive chairman of Getech said: “Natural hydrogen has huge potential as an efficient energy source as it has no greenhouse gas emissions on combustion and can therefore replace carbon intensive fuels in many applications as part of the energy transition.

“We combine our deep understanding of the processes behind the formation of natural hydrogen resources with our global platform of geological, geophysical and past-climate data to identify the locations of potential new discoveries. These results can be invaluable during initial exploration screenings that help locate and quantify sites of interest and de-risk subsequent development phases.”

Evidence suggests there are vast reserves of clean, geologic hydrogen beneath the earth’s surface that can accelerate the energy transition. Hydrogen can produce clean energy with only water as a byproduct and the gas can be used as a carbon free fuel for vehicles, for power generation and in many other industrial applications.

Natural hydrogen can form in a variety of ways and Getech’s approach focuses on three primary sources: serpentinisation, which involves the hydration of iron-rich rocks/minerals, radiolysis – splitting water molecules during radioactive decay of uranium or thorium and thirdly, the decay of organic matter.

Getech has significant expertise in locating subsurface critical minerals and has already successfully deployed approaches to target sediment-hosted copper, zinc-lead and sedimentary lithium deposits and sees significant benefit in applying the proven genetic approach to target natural hydrogen.

For more information visit www.getech.com

Williams have announced the execution of an agreement with Chattanooga Gas, a subsidiary of Southern Company Gas, to provide certified, low-emissions NextGen Gas over a 3-year period.

Through its Sequent Energy Management business, Williams has built a marketing platform to sell trusted low-carbon and net-zero NextGen Gas to utilities, LNG export facilities and other clean energy users with the goal of helping customers reduce emissions and meet their climate commitments. The delivery of NextGen Gas will allow Chattanooga Gas to achieve a minimum annual emissions reduction savings of approximately 646 tonnes of methane, or 16,152 tonnes of carbon dioxide, which is roughly equivalent to removing the emissions from more than 3,500 gasoline-powered automobiles from the road for one year.

“As we look to a low-carbon energy future, Williams is committed to leading our industry with credible solutions to benefit our customers,” said Chad Zamarin, executive vice president of corporate strategic development for Williams. “We are proud to work with Chattanooga Gas to provide clean energy solutions through our NextGen Gas programme that proves the quality of low-carbon intensity natural gas. Through our industry-leading sequent marketing platform and large-scale infrastructure network, we are committed to connecting the best US production basins with credible low-carbon solutions that help our customers meet their sustainability goals.”

Williams is deploying its NextGen Gas platform across its vast infrastructure network, leveraging block-chain secured technology to track and measure emissions through the aggregation and reconciliation of multiple sources of data to provide a path-specific methane intensity certification. An advanced QMRV (quantification, monitoring, reporting and verification) programme deploys technologies including ground-based optical gas imaging cameras, aerial flyovers, satellite monitoring and internal operational systems, which are aggregated and reconciled using a block-chain secured carbon accounting ledger, allowing Williams to provide a certification that meets or exceeds industry leading measurement protocols.

For more information visit www.investor.williams.com/home/default.aspx

Exergy has signed a new contract with Energy Development Corporation for the supply of a 28 MWe binary system in Leyte, Eastern Visayas, Philippines. The project will be an expansion of the Mahanagdong 180 MWe single flash power plant, exploiting the available unused brine to produce additional electricity without requiring any geothermal field development.

The new power plant will utilise Exergy’s advanced ORC technology equipped with Radial Outflow Turbine providing high efficiency and reliability, thus maximising geothermal resource exploitation. Exergy is in charge of the design and supply of the complete technological solution and relative equipment. The ORC design consists of a two-pressure level cycle with 2 turbines coupled to a single generator and a water-cooled condensing system with cooling towers. It includes a brine acid dosing system to guarantee its appropriate exploitation without risks on the resource, and a DCS control system which will control the whole new power plant and will be integrated in the EDC control system architecture.

The construction will be executed by JGC Philippines Inc. acting as EPC contractor in partnership with Exergy. JGC Philippines has been providing EPC and operation and maintenance services in the Philippines for over 30 years. With a remarkable track record and strong execution capabilities they will be a key partner to Exergy in the project.

Once in operation the power plant will contribute to significantly reduce CO2 emissions by delivering clean, reliable and stable geothermal energy, available 24/7 to local communities and industries.

This is the second order awarded to Exergy by EDC after the successful completion of the Mindanao brine recovery project in 2022. It is an important confirmation of a valuable business partnership started between the companies, as Luca Pozzoni, general manager of Exergy International underlines:

“We are honoured we have been once again preferred by EDC for the Mahanagdong power plant execution. This new order gives us the opportunity to continue a fruitful collaboration, contributing to EDC’s mission for a decarbonised future.” He continues: “I want to congratulate my team on their commitment and hard work for the achievement of this target project, and Marco Frassinetti, who personally led the development of all the activities since the beginning. This is an important reference in our portfolio that will help us to expand our business in the Asia Pacific region, an area with a significant geothermal potential still unexploited, where Exergy is investing resources and efforts to further develop its presence”.

EDC is a global diversified renewable power company. As the world’s largest vertically integrated geothermal company and a leader in the Philippines renewable energy industry, EDC has a portfolio of geothermal, hydropower, solar, and wind power assets totaling almost 1,5 GW of installed capacity. With geothermal as its primary source of power, EDC’s 1,185.40 MW provides around 61 percent of the country’s total installed geothermal capacity.

For more information visit www.exergy-orc.com

INEOS has completed the formation of a 50/50 joint venture with SINOPEC for the Tianjin Nangang Ethylene Project, announced in December 2022, which is currently under construction by SINOPEC and expected to be on-stream by April 2024.

The petrochemical complex includes a 1.2 mtpa cracker, a new 500ktpa High-Density Polyethylene plant to produce INEOS pipe grade under license and 11 other derivative units.

The completion of the agreement marks the continued progression of the significant petrochemical deals announced by the parties in July and December last year, and highlights the close relationship and growing collaboration between SINOPEC and INEOS.

For more information visit www.ineos.com

Sapphire Gas Solutions is excited to announce their newest renewable natural gas project in Indiana. They are installing three BAUER COMPRESSORS INC. C52 high-pressure compressors to boost processed RNG up to pipeline injection pressure from a nearby landfill.

The C52 compressors from Bauer feature 350 HP motors and can compress over 1.1 million SCFD of gas, allowing them to efficiently compress the RNG and move it into Sapphire’s fleet of Compressed Natural Gas trailers for injection into a transmission pipeline. These reliable compressors have the capacity the biogas facility needs, and Bauer’s 5-year warranty demonstrates their confidence in maximising uptime.

Using Bauer Compressors is an integral part of Sapphire’s end-to-end RNG solution. Sapphire provides a circular economy solution with enormous environmental benefits by capturing greenhouse gases from waste sources and transforming them into renewable vehicle fuels. Their partnership with Bauer helps make projects like these possible.

They look forward to sharing updates as they commission the new RNG production plant and put these innovative compressors to work.

For more information visit www.sapphiregassolutions.com

In Europe, lawmakers are hailing hydrogen as the key to achieving a low-carbon future. But the path to how exactly it will be produced, distributed, and consumed at scale is yet unclear. The infrastructure for environmentally friendly production, as well as storage and transportation, must still be built up.

That’s why a Norwegian start-up is creating innovative solutions to build a bridge to a green hydrogen-powered future. Horisont Energi, with their pioneering project Barents Blue recognised by the European Space Agency and European Commission, want to become a world leader in blue hydrogen and clean ammonia with carbon capture and storage technology.

Soon, at the world’s most sustainable ammonia plant, Barents Blue has the potential to become a stepping stone for the transition from fossil fuels via blue hydrogen and clean ammonia, accelerating the transition to carbon neutrality.

Blue hydrogen: the bridging fuel

Hydrogen can be stored as a liquid or gas, and when burnt or converted to electricity in a fuel cell it only producing water. It has a wide range of potential uses, from use in heavy industry, power to fuelling trucks. The most environmentally friendly form is called green hydrogen – water is split into its components of hydrogen and oxygen through electrolysis, using only electricity from renewable sources. However, it will take several years to build enough renewable power, such as solar parks and windfarms, and electrolysers to produce the amount of green hydrogen that heavy industry will need.

In the meantime, solutions such as grey hydrogen, the most commonly available variant of hydrogen today, are being used to pioneer more sustainable hydrogen options. Grey hydrogen is created using natural gas and steam, and releases carbon dioxide from the gas during the process.

Blue hydrogen, which the company specialises in, is made using the same basic method as grey hydrogen with input of natural gas as the main energy source. But Horisont Energi’s CSS technology brings sustainability into the picture. In a patented process, CO2 is captured in the process and stored in underground reservoirs, thus preventing it from entering the atmosphere. In this way, the start-up and its technology are helping to creating an important sustainable link to the green hydrogen transition.

The plant will produce 1 million tonnes ammonia per year per building train (up to two trains planned) which would have required more than 2 GW renewable power.

Putting ammonia to work

Horisont Energi’s developing technology for clean ammonia production could also help create infrastructure for transporting and storing green hydrogen.

Ammonia is a colourless gas made from a combination of nitrogen and hydrogen. It’s widely used in a variety of industries, and around 175 million tonnes are produced globally each year. Extensive infrastructure already exists for production, export, and transport, including a fleet of vessels that can transport 20 million tonnes annually.

Hydrogen is used to make ammonia, but ammonia can also be split back into hydrogen and nitrogen – meaning ammonia can be converted back to hydrogen once it reaches its destination. While specialised hydrogen infrastructure is being designed and built, ammonia is an efficient option for industries to receive hydrogen – and it already exists.

Creating ammonia using natural gas does release CO2 into the atmosphere, but Horisont Energi’s CSS technology decarbonises the process.

Creating a clean hub for energy

However, it will take several years to build enough solar parks and windfarms to produce the amount of green hydrogen that European industry will need. The start-up’s solutions for blue hydrogen and ammonia production, supported by its CSS technology, will come together at a new clean ammonia plant. Project Barents Blue, under planning in Finnmark, in northern Norway and set to open in 2027, aims to be the most environmentally friendly ammonia plant in the world.

The European Space Agency and the EU Commission have approved both Barents Blue as an Important Project of Common European Interest for hydrogen and the technology has also received a NOK 482 million (€482 million) grant from the Norwegian government.

Horisont Energi predicts that it will capture 99 percent of CO2 released during the clean ammonia production. Once in operation, it will produce one million tonnes of blue ammonia per year.

From Norway to the Ruhr

E.ON, which invested a 25 percent stake in Horisont Energi in 2022, had long been looking for a suitable partner to expand its portfolio towards closing the carbon cycle. While E.ON Energy Projects is responsible for CO2 capture and liquefication, Horisont Energi manages transport and CO2 storage.

By 2030, the plan will be for captured CO2 to be transported from the Ruhr region, Germany’s main industrial region, to the western part of Norway. This is key part of a new CCS project with the name Errai that is a partnership with Neptune Energy.

So, while the path to a hydrogen-powered future must still be built up – requiring time, massive investment, and government policies – at least a start-up like Horisont Energi and its technologies prove there is a bright future ahead.

For more information visit www.eon.com/en.html

The global energy landscape is continually changing, and Canada’s energy sector is at the forefront. As the world unites to combat climate change and pursue net-zero emissions, the Canadian energy industry is facing different challenges and opportunities in its workforce. Changes in technology, environmental consciousness, and an ageing workforce are all key factors facing energy-focused businesses in Canada and beyond. The Energy Works Career Expo will bring together industry leaders and job seekers from across the country to convene in Calgary, Alberta from September 19-20, 2023 to connect, engage, and discover career opportunities in energy.

The shift to sustainable energy solutions is a priority in the energy sector, urging the industry as a whole to look beyond traditional fossil fuels and embrace cleaner alternatives. The energy industry is increasingly turning to low-carbon solutions that require a workforce with advanced skill sets. Today, 45 percent of workers in the energy sector require tertiary education, ranging from university degrees to specialised certifications. The demand for highly skilled professionals is evident, and we must educate our workforce with the knowledge and expertise to spearhead the transition toward a greener future. Collaborating with academic institutions and vocational training centres to develop specialised programmes that cater to the emerging needs of the energy sector is critical to remain current with the ongoing changes in the industry.

“Our educational focus shifted over the past decade from traditional energy sources to creating and capturing energy in innovative new ways,” says Jon Cornish, Chancellor of the University of Calgary. “We are always looking for educators, students and industry leaders to help our post-secondary institutions continue to grow this rapidly developing industry.”

Encouraging young talent to pursue careers in the energy industry is another crucial pillar of our workforce transformation. By instilling a sense of purpose and pride in the roles they play in shaping the world’s energy future, we can attract the brightest minds and inspire them to embark on a fulfilling journey within the sector.

The province of Alberta stands poised to experience a remarkable 164 percent surge in clean energy jobs over the next decade, illustrating the urgency of embracing sustainable practices. This remarkable growth not only underscores the industry’s potential but also highlights the need to prepare our workforce for the challenges ahead. It is imperative that we invest in education and training programs that equip our workers with the technical proficiency demanded by this new era.

While the drive toward sustainability presents promising prospects, it also poses formidable challenges. One pressing concern is the demographic shift within the energy workforce. The labour pool is shrinking as experienced workers approach retirement age, leaving behind critical knowledge and expertise that must be transferred to the next generation. Reattracting experienced professionals and attracting fresh talent has proven to be an uphill battle, exacerbated further by the disruptions caused by the COVID-19 pandemic.

“We have seen a large demand for diversity in the energy sector workforce. Although a male-dominant industry, there are more and more we women entering the workforce and becoming leaders in the energy industry”, says Katie Smith Parent, executive director, Young Women in Energy. “It’s so exciting to see the interest and incredible talent that is entering the industry, hunger to help solve our biggest challenges, but we always need more. Through YWE, we have an incredible group of female professionals who are building their networks and supporting and role modelling the future of energy for young talent.”

These workforce demographic concerns cannot be overlooked. Canada’s oil and gas industry is projected to face a net hiring requirement of 19,820 jobs over the forecast period. While industry activity accounts for 7,840 of these positions, a staggering 11,980 jobs are needed to counterbalance the impact of age-related attrition. Notably, Alberta anticipates a remarkable 164 percent surge in clean energy jobs over the coming decade, underscoring the industry’s potential and the pressing need to prepare the workforce for the challenges and opportunities ahead.

To secure Canada’s energy future, a proactive approach to workforce planning is essential. A culture of continuous learning and upskilling among existing employees is required to bridge the skills gap and empower them to adapt to evolving technologies and industry demands.

The Energy Works Career Expo is the only career expo specifically dedicated to making connections with job-seekers to companies that are hiring in the Canadian energy sector, including oil & gas, electrification and utilities, hydrogen and CCUS sectors. This event is for everyone from high-level engineers to new graduates who are looking for employment or to find their ideal job. Every exhibitor on display is currently recruiting for roles in their company.

For more information visit www.energyworkscareer.com

Technip Energies and Enerkem Inc. have signed a memorandum of understanding to enter into a collaboration agreement aimed at accelerating the deployment of Enerkem’s technology platform for biofuels and circular chemical products from non-recyclable waste materials.

Enerkem specialises in the development and commercialisation of its groundbreaking gasification technology transforming non-recyclable waste into biofuels, low-carbon fuels and circular chemicals, catering to hard-to-abate sectors such as sustainable aviation and marine fuels. Since 2016, Enerkem has been operating a commercial demonstration scale facility in Alberta, Canada. Additionally, the company is currently involved in the development and construction of new commercial-scale waste-to-methanol facilities in Canada and Europe.

Technip Energies, having successfully executed bio and low-carbon fuels projects worldwide, will contribute its expertise in engineering, technology integration and project delivery to support projects developed by Enerkem. This partnership will enhance Enerkem’s project delivery capacity and speed. Furthermore, the collaboration will focus on strategic efforts to optimise design elements and industrialise the approach through the replication of Enerkem’s designs for future projects.

To expedite the deployment of its technology, Enerkem intends to establish a Development Company. The purpose of DevCo is to acquire sites and secure relevant permits for the replicable methanol biorefinery design, supporting the production of bio and low-carbon fuels, as well as circular chemicals.

Dominique Boies, CEO of Enerkem, stated: “We are excited to partner with Technip Energies to accelerate the deployment of Enerkem’s technology in Europe, North America, and the Middle East. Technip Energies’ extensive expertise will enable Enerkem’s clients to benefit from projects speed to market and cost efficiencies, supporting their decarbonisation efforts and sustainability goals.”

Bhaskar Patel, SVP sustainable fuels, chemicals and circularity of Technip Energies, said: “We are pleased to join forces with Enerkem on the deployment of its technology platform to convert waste into sustainable and valuable end products such as biofuels. By leveraging our expertise in engineering, sustainable chemistry and biofuels projects, we will support project execution and Enerkem’s technology deployment.”

For more information visit www.technipenergies.com/en

SIS GmbH as well as ENDEGS GmbH are merging under the umbrella of ETS Group GmbH – Environmental Technology Services – in order to combine their strengths and to jointly drive the internationalisation of the group even more intensively. Both companies specialise in thermal exhaust gas purification and degassing and are international leaders in the reduction of emissions of volatile hydrocarbons in the petrochemical and other sectors of the chemical and related industries. By using mobile combustion technologies, both companies make a significant contribution to occupational safety and environmental sustainability. Together, the two companies intend to invest in further development and the targeted expansion of management and sales structures in order to realise the full potential of the solutions offered in existing core markets and, in addition, to open up new opportunities in international markets of the chemical and other industries with a need for sustainable exhaust gas cleaning.

The newly formed group will be led by Dr. Uwe Nickel, Normen Gerlach (managing director of SIS) and David Wendel (managing director of ENDEGS) as group managing directors. The founders of SIS, Guido Soyk, and ENDEGS, Kai Sievers, will leave the day-to-day operations of the company and will continue to be associated with ETS Group in advisory capacities. The closing of the transaction is expected to take place in coming weeks. The parties have agreed not to disclose further details of the transaction.

Realisation of growth opportunities in the core market and development of further regions and industries for ETS‘ solutions with ECM as an experienced investment partner

With an equipment park of around 50 mobile vapour combustion units with a performance range of 1-20 MW as well as a fleet of nitrogen vaporisers, ATEX Zone 0 blowers and ATEX Zone 0 robots and further additional equipment for use on customer sites and patented technology, ETS Group has a market-leading position in Western Europe. The group’s management sees considerable growth potential in this area, especially due to continuously stricter emission regulations in Europe. In addition, due to an increasingly strong international demand for the services offered, there are considerable opportunities in other countries and regions for the use of the technologies to increase sustainability in environmental protection. First steps have already been taken in other regions such as Middle East or Asia.

For the future, the group is planning further investments in the expansion of the combined equipment park as well as continuous further development of the proprietary technology in order to meet the high demands of existing and new customer industries and to further expand its own technological leadership. With the merger under the umbrella of ETS Group, both established brands SIS and ENDEGS as well as both company locations in Amelinghausen and Pförring will be retained and merged into a joint group under the group management. ETS Group is supported by the independent German private equity company ECM Equity Capital Management GmbH managed fund German Equity Partners V, which has already acquired a majority stake in SIS in 2019.

Dr. Uwe Nickel, managing director and chief executive officer of ETS Group, said: “SIS and ENDEGS not only have an impressive product and service offering, but also a high level of technological expertise and leading market positions. It is clear that demand for both companies‘ solutions will continue to grow in light of climate change and increasingly stringent regulation of hazardous emissions. However, growing beyond a certain size and core market is often a challenge for founders. Combining the strengths of both companies and complementing the management structures under the umbrella of ETS Group is therefore the logical next step for both companies. Personally, I am pleased to be able to contribute my expertise in the chemical industry as well as in bringing together dynamically growing companies for the benefit of the joint group.”

Normen Gerlach, managing director and chief operating officer of ETS Group and managing director of SIS added: “By combining SIS and ENDEGS to form ETS Group, we are creating a unique platform with a strong growth profile and an exceptional team. We look forward to working with David Wendel and the entire ENDEGS team to continue to drive growth through investment in the organisation as well as in technology. We are excited about this new partnership and the opportunity to further build on our collective strengths for the benefit of our employees and customers.”

David Wendel, managing director and chief commercial officer of ETS Group and managing director of ENDEGS explained: “In the past years, we have already succeeded in achieving continuous growth and in making ENDEGS’ services better known internationally. The partnership with SIS under the umbrella of ETS Group now enables us to take the next steps in internationalisation even more actively and to sustainably expand the unique services offering of both companies. We look forward to opening a new chapter in the history of ENDEGS with the integration into ETS Group.”

Kai Sievers, founder and CEO of ENDEGS added: “We are proud to have been able to develop ENDEGS into a leading company in an extremely interesting and increasingly relevant market for the reduction of emissions from volatile hydrocarbons. In order to fully realise the further growth potential for our solutions and at the same time to implement my entrepreneurial succession, we have been looking for a partner who fits our identity of a mid-sized company, but at the same time understands the technology and our customers and will continue the historical grown relationships in a spirit of partnership. I am fully convinced that the newly created ETS Group offers the perfect conditions to successfully continue the growth path of recent years.”

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

Occidental and ADNOC have announced a strategic collaboration to evaluate investment opportunities in Direct Air Capture facilities and carbon dioxide sequestration hubs in the United States and the United Arab Emirates. The aim of this collaboration is to accelerate the net-zero goals of both companies by developing carbon management platforms.

Under the Memorandum of Understanding, ADNOC will assess participation in DAC plants and CO2 sequestration hubs being developed by Occidental subsidiary, 1PointFive, in the United States. Additionally, the companies will consider jointly developing CO2 sequestration hubs in the UAE and conducting feasibility studies for a 1 million tonne-per-year DAC plant. These initiatives will provide emissions reduction solutions for carbon-intensive industrial emitters and other hard-to-abate sectors in the UAE, including aviation and maritime operations.

The collaboration will also explore opportunities to incorporate CO2-based technologies, such as emissions-free power and sustainable fuels, in the UAE. This aligns with the UAE-US Partnership for Accelerating Clean Energy, which aims to mobilise $100 billion in clean energy and carbon management projects, including carbon capture and DAC, by 2035.

The collaboration between Occidental and ADNOC demonstrates their commitment to developing carbon solutions and establishing a global net-zero ecosystem. It is enabled by the UAE-US Partnership for Accelerating Clean Energy and has the potential to drive innovative climate technologies and decarbonize the energy sector.

1PointFive, a subsidiary of Occidental, is currently constructing the world’s largest DAC plant, named STRATOS, in Texas. The plant is expected to capture up to 500,000 tonnes of CO2 annually. The DAC plant being evaluated in the UAE could be the first megaton-scale facility of its kind outside of the United States, using the same technology provided by Carbon Engineering.

Overall, this collaboration aims to accelerate the development and deployment of carbon management projects, contributing to the global efforts to achieve net-zero emissions.

For more information visit www.oxy.com

Gibson Energy Inc. has reached a major milestone in its acquisition of South Texas Gateway Terminal LLC, as the waiting period under the US Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired. This development brings the transaction one step closer to completion, with Gibson Energy expecting to close the deal in the near future without any further third-party action or approval.

The proposed acquisition of 100 percent of the membership interests of South Texas Gateway Terminal LLC represents a strategic move for Gibson Energy, enhancing its capabilities and expanding its footprint in the region. The expiration of the waiting period under the HSR Act is a crucial condition that has now been satisfied, demonstrating progress towards the successful completion of the transaction.

By clearing this regulatory hurdle, Gibson Energy solidifies its position as a leader in the energy industry. This acquisition aligns with the company’s long-term growth strategy and is expected to contribute to its overall success. Gibson Energy remains committed to delivering value to its shareholders and stakeholders, and its dedication to strategic acquisitions and partnerships enables it to capitalise on emerging opportunities and strengthen its position in the market.

The pending acquisition of South Texas Gateway Terminal LLC is a testament to Gibson Energy’s operational excellence and its ability to navigate regulatory processes. The company’s ability to meet key conditions reinforces its commitment to executing its growth strategy effectively.

As the transaction moves towards completion, Gibson Energy looks forward to realising the benefits of this strategic acquisition. With its strong focus on sustainability and operational excellence, the company is well-positioned to drive growth in a rapidly evolving energy landscape.

For more information visit www.gibsonenergy.com

Nesma & Partners, a leading contracting company in the Middle East, has signed an agreement to acquire Kent, a global energy services provider. This agreement aligns two successful and entrepreneurial companies with a shared vision for sustainable expansion, creating greater opportunities in new and existing markets as well as service development and enhancement. Completion is anticipated by the end of the calendar year, subject to regulatory approvals and satisfaction of customary closing conditions, at which time Nesma & Partners will become the owner of Kent.

Kent is a privately-owned engineering and project management firm in the energy sector. The company has been backed by global energy investment firm Bluewater since 2015. In that time, the company has grown its revenue tenfold, experiencing notable growth over the past two years following its acquisition of SNC-Lavalin’s Oil & Gas business in mid-2021. Now a $1.4 billion-dollar revenue business, it competes for recognised value-based service contracts covering complex and technical solutions for the conventional energy, renewables, low carbon, chemicals and processing sectors.

Kent has a roster of blue-chip clients, including international energy companies, national oil companies, renewable energy companies, as well as global petrochemical companies.

Operating for over 40 years, Nesma & Partners has an established track record of success in delivering some of Saudi Arabia’s biggest industrial and infrastructure projects for a wide range of clients in the public and private sectors, including Saudi Aramco, the Public Investment Fund, NEOM, GACA, Ministry of the National Guard, Royal Commission, and the Ministry of Defense. As a leading contracting company, Nesma & Partners offers full-fledged services in the industrial, energy, civil and buildings, and infrastructure sectors, plus electro-mechanical capabilities.

The strengths of Nesma & Partners and Kent will be leveraged to deliver high-quality services to clients across various industries. Connecting their expertise and resources will enable them to create innovative solutions for clients that meet their evolving needs in an increasingly competitive marketplace across the entire project lifecycle, from consulting to design, build, commissioning, and startup through to maintenance and decommissioning.

Nesma & Partners and Kent began collaborating in June 2022 to exploit their respective strengths when they established a Joint Venture, NesmaKent, as EPC Champion for Saudi Aramco. Its goal is building an autonomous engineering center of excellence in Saudi Arabia to develop new capabilities in engineering, procurement, and construction services relating to carbon capture, blue hydrogen, and blue ammonia technologies. Deploying such technologies will minimise dependence on manual labour, enhance competitiveness, advance execution through schedule and cost improvements, and include visualisation, data integration, asset management, digital twin, analytics & artificial intelligence, cyber resilience, and low carbon technologies.

Under the ownership of Nesma & Partners, Kent will be positioned and resourced to accelerate the delivery of its ambitious strategy. There will be no changes to the decision-making autonomy structure of Kent or its core service offering. The current leadership team will remain in place and continue to deliver world-class services to the energy industry through four well-established service lines: Consulting; engineering & projects; commissioning, completions & start-up; and operations & maintenance. With the new structure, Kent will double down on its efforts to address the challenges and opportunities of the global energy transition.

“This is an exciting time for our company as we look to expand our reach and capabilities,” said Nesma & Partners; president & CEO Samer Abdul Samad. “We are deeply impressed with the growth and achievements of Kent so far. We are looking forward to supporting the Kent business to not only continue but supercharge its current trajectory of success. By leveraging the strengths of both companies, we are confident that we can deliver even more value to our customers and achieve our goals for growth and success.”

The new agreement will create a solid and dynamic portfolio for Nesma & Partners that is well-positioned to take advantage of the many opportunities that lie ahead. With a shared commitment to excellence and a dedication to delivering world-class services, the two companies are poised to achieve great things in the future.

“We are thrilled to embark on this next phase of our journey with Nesma & Partners. We have long admired their expertise and dedication to delivering outstanding results for their clients,” remarked Kent’s chief executive officer, John Gilley. “This agreement marks an exciting, ground-breaking development for Kent. With the backing and support of Bluewater over the past eight years, we have been able to cement our position as a leading global energy services provider. Now, under the ownership of Nesma & Partners, the Kent brand and all our teams worldwide will have more opportunities to develop and grow our world-class lifecycle services to our clients”.

Marcello Stroppa, director at Bluewater, commented: “We have enjoyed working with the leadership team of Kent over the past eight years. The team’s appetite for entrepreneurship is truly admirable, and all of us here at Bluewater are sure that with the added support and impeccable reputation of Nesma & Partners, the future continues to be bright for the Kent business.”

John Gilley continued: “What excites me the most about this acquisition is the commitment of Nesma & Partners to support the investment that will help us to achieve our purpose to courageously tackle the greatest challenge of our time, to bring our world the energy it needs in the most responsible way ever imagined.”

Completing this share purchase agreement marks a significant milestone for both companies. It sets the stage for their next growth cycle and helps them achieve their purpose, building a brighter, more sustainable future for the world.

For more information visit www.kentplc.com

Enterprise Products Partners L.P. a leading North American provider of midstream energy services, announced the commencement of operations at its second propane dehydrogenation plant, PDH 2, located in Chambers County, Texas. Supported by long-term, fee-based contracts, PDH 2 has the capacity to process 35,000 barrels per day of propane, producing 1.65 billion pounds of polymer grade propylene annually. Combined with Enterprise’s existing PDH 1 plant, the company can process 70,000 BPD of propane to produce 3.3 billion pounds of PGP at its Chambers County complex every year.

“Propylene is the basic building block used to produce virtually all durable products and is essential to human survival and improved quality of life,” stated A.J. “Jim” Teague, co-chief executive officer of Enterprise’s general partner. He further added that PDH 2 will offer abundant and cost-advantaged shale-based production to supply petrochemical customers with the feedstock required to produce products that cater to the growing global population’s needs. The latest PDH plant is part of the company’s $3.8 billion major growth projects expected to begin service and generate fresh sources of cash flow by the end of 2023.

Across the company, Enterprise now has the capacity to manufacture 11 billion pounds of propylene annually. The new PDH 2 facility is integrated with the company’s propylene system that includes over 1,000 miles of high-capacity pipelines, over 3 billion pounds of storage capacity, and the ability to export approximately 4 billion pounds per year. The company’s propylene infrastructure network provides customers with access to centrally located market hubs, enabling them to balance supply and demand and facilitating improved utilisation of Enterprise assets.

Enterprise Products Partners L.P. offers a wide range of midstream energy services, including natural gas gathering, treating, processing, transportation, and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products production, transportation, storage, and marine terminals and related services; and a marine transportation business. The partnership’s assets include over 50,000 miles of pipelines, over 260 million barrels of storage capacity for NGLs, crude oil, refined products, and petrochemicals, and 14 billion cubic feet of natural gas storage capacity.

For more information visit www.enterpriseproducts.com

The biggest names in breakbulk, project cargo and heavy lift will be exhibiting at AntwerpXL when it returns to Antwerp Expo 28-30 November 2023.

It’s fitting that an event hosted at the home of breakbulk will feature suppliers from around the world and across the entire breakbulk supply chain. Cargo owners and carriers, ports, freight forwarders and a host of shipping, maritime and supply chain experts will be showing their products, services and latest innovations at the three-day event.

Major names already signed up include C.Steinweg, Conti-Lines, Grimaldi Group, MSC, Spliethoff, Fednav, BBC Chartering, Konecranes, Varamar, and Zuidnatie. They will be joined on the expanded show floor by companies such as Mammoet, Chipolbrok, Saudi Ports Authority, Katoen Natie, Deufol Belgie, Caribbean Line and Aertssen, Mantsinen Group, Aprojects, Navonus, Q Terminals, Port of Sunderland, Ultrabulk and Fracht Polytra.

Speaking at last year’s event, Frank Voet, commercial manager at Grimaldi Group outlined why his company values AntwerpXL: “We’re in Antwerp because it’s one of the biggest ports in Europe. AntwerpXL is a great opportunity to show off Grimaldi Group’s vast range of services all around the world.”

Reinaaart Van Den Broek, Northbound Trade Coordinator Europe Service at Universal Africa Lines agreed: “Antwerp is the gateway to Africa and breakbulk, so we have to be present and meeting all our partners and prospects.”

Many exhibitors use the event’s platform to showcase their products and services, launch new technologies and make major announcements. Others are drawn by its the huge networking opportunities. After all, as the only event solely dedicated to the breakbulk industry, and hosted at a global gateway, AntwerpXL is an ideal place for the industry to meet, connect and do business.

Margaret Dunn, portfolio director at AntwerpXL, comments, “The maritime breakbulk industry is growing fast and facing a pressing number of changes, challenges and opportunities. This means innovation, new thinking, getting even closer to current partners and forging connections with new ones are all more important than ever – and as our exhibitor list already shows, AntwerpXL is going to be the place for this to happen.”

For more information visit www.antwerpxl.com

Quantem has announced a project to more than double the diesel storage capacity at its Pelican Point terminal in Adelaide, South Australia. The $56 million project will add 90,000 cubic metres of new diesel storage capacity for the fuel industry in South Australia while creating local employment opportunities during construction.

Quantem is the leading independent bulk liquid storage and handling company throughout Australia and New Zealand and provides bulk liquid storage solutions across a network of 12 strategic locations with a total installed storage capacity of more than 600,000 cubic metres.

Quantem has appointed engineering and construction company, Saunders International, to design and construct three 30,000 cubic metre diesel storage tanks and associated interconnecting piping at the Pelican Point terminal.

The project is supported by Quantem’s successful funding application under the Australian Government’s Boosting Australia’s Diesel Storage Programme. Investing in Australia’s diesel storage capacity will help protect against future supply chain disruptions and will help the industry to meet new minimum stockholding obligations introduced as one of the measures in the Fuel Security Act (2021). This safeguard is essential for Australia’s energy security as diesel currently underpins our critical infrastructure, transport and industries, as well as the ability to respond to critical emergencies.

Quantem managing director and chief executive officer Nick Moen said: “This project is a critical component of enhancing Australia’s domestic fuel security and safeguarding future supplies for the country’s transport sector and industrial supply chains which are vital to Australia’s infrastructure requirements.

“As the leader in bulk liquid storage and handling in Australia and New Zealand, we are pleased to play our part in supporting these important initiatives with this project.”

Andrew Brewer, Ampol executive general manager fuel supply chain said: “We are proud to work with Quantem and Saunders to enhance our supply chain in South Australia, while strengthening fuel security in Australia. As the nation’s leader in transport fuels, this project will further enable the safe and reliable supply of quality fuel products to our customers well into the future.”

Saunders’ managing director & chief executive officer, Mark Benson said: “This project is a great example of the high-quality, fast-tracked results that can be achieved with early collaboration between client and contractor.

“Saunders’ multi-disciplinary in-house engineering and operational teams worked closely with Quantem to value engineer, optimise constructability and conduct a full lifecycle analysis on the project. Together, we were able to proactively manage risk and unlock extra value for our client – this was a fantastic result and an impressive team effort.”

Construction is expected to commence in the fourth quarter of 2023, with project commissioning expected by the second quarter 2025.

For more information visit www.quantem.com.au

Georgia Power have declared that Plant Vogtle Unit 3 has entered commercial operation and is now serving customers and the State of Georgia. The new unit represents a long-term investment in the state’s clean energy future and will provide reliable, emissions-free energy to customers for decades to come.

“The Plant Vogtle 3 & 4 nuclear expansion is another incredible example of how Georgia Power is building a reliable and resilient energy future for our state,” said Kim Greene, chairman, president and CEO of Georgia Power. “It is important that we make these kinds of long-term investments and see them through so we can continue providing clean, safe, reliable and affordable energy to our 2.7 million customers. Today’s achievement is a testament to our commitment to doing just that, and it marks the first day of the next 60 to 80 years that Vogtle Unit 3 will serve our customers with clean, reliable energy.”

Vogtle Unit 3 is the first newly-constructed nuclear unit in the US in over 30 years and can power an estimated 500,000 homes and businesses. Once all four units are online, the Plant Vogtle site will be the largest generator of clean energy in the nation and support continued growth in Georgia as more industries, businesses and families come to the state.

“Today is a historic day for the State of Georgia, Southern Company, and the entire energy sector, as we continue transforming the way we power the lives of millions of Americans,” said Chris Womack, president and CEO of Southern Company. “With Unit 3 completed, and Unit 4 in the final stages of construction and testing, this project shows just how new nuclear can and will play a critical role in achieving a clean energy future for the United States. Bringing this unit safely into service is a credit to the hard work and dedication of our teams at Southern Company and the thousands of additional workers who have helped build that future at this site, as well as all of the partners who have helped make this day a reality.”

Nuclear energy is the only zero-emission baseload energy source available today, offering high reliability, and efficient operations around the clock. Nuclear energy currently provides approximately 25 percent of Georgia Power’s overall energy mix, including the existing units at Plant Vogtle and Georgia’s other nuclear facility at Plant Hatch in Baxley, Ga.

“The Vogtle expansion is an American energy success story and would not be possible without the support of strong public and private partners like our partners at the North America’s Building Trades Unions,” said Tom Fanning, chairman of the Board of Directors for Southern Company. “We continue to appreciate their support and those who have stood with us at the local, state and federal levels to complete this new clean energy source to serve electric customers. Providing leadership in our industry and a commitment to safety and quality are in Southern Company’s DNA. Today’s milestone at the Vogtle expansion site underscores this legacy, and I couldn’t be prouder of the dedication our teams have shown in seeing Unit 3 through to completion.”

The final stages of construction and testing continue at Vogtle Unit 4, with the unit projected to be placed in service during the late fourth quarter 2023 or the first quarter of 2024. The unit completed hot functional testing in May, in significantly less time than Unit 3 as the team continues leveraging best practices and learnings from the earlier unit. The Vogtle site has also received nuclear fuel for Unit 4, with a total of 157 fuel assemblies necessary for the safe and reliable startup of the unit.

Also, last week, Georgia Power announced the receipt of the 103(g) finding from the Nuclear Regulatory Commission for Vogtle Unit 4. This finding was confirmed in an official letter received by Southern Nuclear and signifies that the new unit has been constructed and will be operated in conformance with the Combined License and NRC regulations. No further NRC findings are necessary in order for Southern Nuclear to load fuel or begin the startup sequence for the new unit.

The new Vogtle units are an essential part of Georgia Power’s commitment to delivering clean, safe, reliable and affordable energy to its 2.7 million customers. Southern Nuclear will operate the new units on behalf of the co-owners: Georgia Power, Oglethorpe Power, MEAG Power and Dalton Utilities.

For more information visit www.georgiapower.com

After successfully deploying the Smartflow Digital ISGOTT Solution at terminals worldwide, establishing an ISGOTT community, and partnering with knowledgeable industry leaders such as NxtPort International and Platform8, the Smartflow team is relentlessly continuing to add new features to support terminals, ships, and ports on their journey to digitalisation.

THE DIGITAL BERTH SCHEDULER

Smartflow are on a mission to enable terminals and tankers to stop using outdated, manual methods for berth scheduling, whether paper-based or Excel spreadsheets or any other Shadow IT methods that endanger terminals’ security.

The International Safety Guide for Oil Tankers and Terminals (ISGOTT) provides guidelines for the safe transportation and storage of oil and other hazardous materials. One of the key recommendations of ISGOTT is to use a digital platform for berth scheduling, as this can help to improve operational efficiency and safety.

REDUCE FUEL CONSUMPTION BY ENABLING SHIPS TO SCHEDULE THEIR ARRIVAL AND DEPARTURE TIMES ACCURATELY

A simple add-on to your Digital ISGOTT solution gives you the opportunity to reduce fuel consumption by enabling ships to schedule their arrival and departure times accurately. When ships wait unnecessarily in line for a berth and spend extra time at the terminal results in excessive fuel consumption and greenhouse gas emissions. Reducing fuel consumption can lower our carbon footprint and help protect the environment.

In addition, using a digital berth scheduler eliminates paper-based processes, ending paper waste. This not only helps to reduce costs but also minimises your impact on the environment.

BRING MORE EFFICIENCY AND SAFETY INTO THE BERTH SCHEDULING PROCESS

Are you looking to streamline operations, improve data accuracy, gain real-time visibility, and enhance ship and shore collaboration? Have you set up compliance goals for the upcoming years? Is safety a top priority for you?

Start by automating the manual tasks involved in berth scheduling – manual data entry, document management, and communication between the ship and the terminal. Save time, and reduce the risk of errors and miscommunications.

Manual methods like Excel spreadsheets can be prone to human errors. Working digitally, you manage berth scheduling data more accurately and reliably, ensuring that everything is up-to-date and correct. This can help to reduce delayed operations, safety risks, environmental hazards, or loss of revenue.

EXCEL SHEETS – OPEN GATE TO DATA BREACHES

Did you know that performing inspections using MS Excel, MS Word, or Google Sheets is part of the shadow IT landscape?

Continuing to perform berth scheduling in Excel increases the risks of data breaches, data stealth, malicious activity, and data loss. The average cost of a data breach worldwide in 2022 was 164 US dollars per stolen record.

For tank storage terminals, the potential costs could be even higher due to the sensitive nature of the stored and processed data. A data breach could lead to the theft of valuable trade secrets, the compromise of critical infrastructure, and the release of hazardous materials into the environment

In 2019, OCIMF released a publication titled “Recommendations on Cyber Security Practices in the Shipping Industry,” highlighting the need for robust cyber security practices, including using digital technologies for risk management. The publication also emphasised the importance of ensuring that critical systems, such as those used for berth scheduling, are secure from cyber threats.

Similarly, IAPH has recognised digitalisation’s potential benefits and encouraged its members to adopt digital technologies to improve port operations. In 2019, IAPH launched a digitalisation programme to support the adoption of digital technologies in ports worldwide.

THE SMARTFLOW DIGITAL ISGOTT SOLUTION

The Smartflow Digital ISGOTT Solution is a complete digital solution for the ship-shore checklists from start to finish. It offers a simple and user-friendly interface for terminal personnel and vessel captains to use anytime, anywhere. The solution allows for all ship-shore safety checklists and forms to be in one place, and they can be easily added and customised as per the terminal’s needs. It also offers an easy way to share information and collaborate between the terminal and the vessel.

For more information visit www.smartflowapps.com