Vitol Inc.has announced that it has acquired full ownership of Mid America Agri Products / Wheatland, LLC and its parent company, Mid America Bio Energy & Commodities, LLC.

Vitol has been a shareholder in MAAPW and the exclusive marketer of MAAPW ethanol since 2018.

Commitment to Renewable Fuels

This acquisition reflects Vitol’s ongoing commitment to the renewable fuels sector and its confidence in the future of ethanol as a key component of the energy transition. By integrating MAAPW and MABE fully into its portfolio, Vitol aims to further strengthen its position in the North American biofuels market and continue delivering value to its customers and partners.

Justin O’Rourke, business development at Vitol Inc., said: “We are grateful for the strong relationship we have built with MAAPW and MABE over the past several years and are excited to continue working with the current teams. We look forward to building on this foundation and driving continued growth and innovation in the renewable fuels space.”

Honoring the Legacy

Sandra Lundeen, co-founder of Mid America Agri Products, said: “This moment carries deep personal meaning for me. Since Bob’s passing in May 2023 (Late MAAPW Founder), I often reflect on what we built together. He would be thrilled to see the company carried forward by a partner like Vitol, and I know he would be proud.”

For more information visit www.vitol.com

Scandinavian Enviro Systems AB has announced that the board of directors has appointed Fredrik Aaben as chief executive officer of Scandinavian Enviro Systems AB effective from January 16. The appointment is made in accordance with Scandinavian Enviro Systems’ succession plan and follows the mutual agreement between Enviro and Fredrik Emilson that he will step down from his position as chief executive officer. Fredrik Emilson will act as senior advisor to the company during a transitional period.

Proven leadership and industry expertise

Fredrik Aaben has been employed by Scandinavian Enviro Systems as chief financial officer since November 2024. Prior to joining Scandinavian Enviro Systems, Fredrik Aaben served as Head of Corporate Finance at Volvo Cars, where he spent close to eight years in various roles within corporate finance, corporate strategy and corporate governance. He has also served as group business controller at Stena AB and has a background in management and strategy consulting. Fredrik Aaben holds a Master of Science in Industrial Engineering and Management as well as a Master of Science in Software Engineering, both from Chalmers University of Technology.

Ewa Björling, chairman of the board of Scandinavian Enviro Systems AB, commented: “The Board is very pleased to appoint Fredrik Aaben as chief executive officer of Scandinavian Enviro Systems. Fredrik has a deep understanding of the company, its operations and strategic direction, and has demonstrated strong leadership, analytical capability and commitment during his time as chief financial officer. With his extensive experience in finance, strategy and corporate governance, the Board has very strong confidence in Fredrik’s ability to lead Enviro forward and successfully drive the company’s continued development and growth.”

Fredrik Aaben said: “I am excited to have been appointed CEO of Scandinavian Enviro Systems. Enviro is a company with a leading technology platform and a highly competent organisation. I look forward to working closely with the Board, the management team and all employees to drive execution and continue developing the company in line with its long-term ambitions.”

Acknowledgment and new CFO appointment

The board of directors would like to thank Fredrik Emilson for his commitment and valuable contributions to the company during his tenure as chief executive officer. Under Fredrik Emilson’s leadership, the company has taken important steps in its development, and the Board appreciates his efforts and dedication.

In connection with the change in executive management, Maria Ljungstrand has been appointed chief financial officer. Maria joined Scandinavian Enviro Systems in April 2024 and has until today served as head of group business control. Prior to joining Enviro, Maria held various business controller positions at companies including Danone and Mondelez International.

Fredrik Aaben said: “Maria is an exceptional finance professional who is well respected within the organisation for her leadership and competence. I am very pleased that Maria has accepted the role of chief financial officer.”

For more information visit www.envirosystems.se

Inter Terminals Sweden (ITS) is investing in expanded truck-loading capacity at its Gothenburg terminal to enhance customer flexibility for one of its long-standing customers, Shell. The new equipment is being developed to enable the truck loading of gas-to-liquid (GTL) products.

GTL fuel contains almost no sulphur, nitrogen or aromatic compounds. When used as a fuel, it delivers significant reductions in regulated pollutants compared with conventional diesel, resulting in improved local air quality and strong cold-weather performance. The new truck-loading rack will be used to supply neat EN15940-compliant GTL fuel, as well as G70 fluid for a range of chemical applications.

Beyond facilitating GTL distribution, the investment increases modal diversity and operational flexibility at the Gothenburg terminal. By expanding beyond traditional transport modes to include efficient truck loading of new fuel types, ITS strengthens its ability to respond to evolving customer requirements, market developments and changing logistics patterns. This enhanced flexibility supports more resilient supply chains, reduces reliance on single transport modes and improves overall operational robustness.

The project also creates additional optionality for future product flows, including the integration and expansion of renewable and low-carbon fuels.

Commenting on the investment, Johan Zettergren, Managing Director of Inter Terminals Sweden, said that ITS is experiencing growing demand for additional distribution outlets at its terminals, particularly to support the development and distribution of biofuels. He added that the project represents an important step in that direction and reinforces the company’s commitment to enabling sustainable and efficient energy logistics for the future.

For more information visit www.interterminals.com

CF Industries Holdings Inc, a leading global manufacturer of hydrogen and nitrogen products, Trafigura, a market leader in the global commodities industry, and TFG Marine, a leading global marine fuel supplier, have announced the signing of a Memorandum of Understanding to facilitate the adoption of low-carbon ammonia as a marine fuel.

Building on the successful collaboration between CF Industries and Trafigura in the shipment of low-carbon ammonia, this agreement establishes a framework for the parties to work together on advancing low-carbon ammonia as a marine fuel, supporting the global shipping industry’s emissions-reduction efforts.

Image Source: Trafigura

Collaborative Framework

Under the MOU, CF Industries, Trafigura and TFG Marine will collaborate on key initiatives to facilitate the adoption of low-carbon ammonia as a marine fuel, including market development, stakeholder engagement and bunkering logistics planning. The collaboration will initially focus on the US Gulf Coast and Northwest Europe.

CF Industries will leverage its low-carbon ammonia production and export capabilities at its Donaldsonville, Louisiana, complex. Trafigura will contribute its expertise in commodity logistics and market development, while TFG Marine, a joint venture between Trafigura, Frontline and Golden Ocean Group, will leverage its global marine fuel supply network and bunkering capabilities to support last-mile delivery solutions, coordinate ammonia bunkering demand and transport ammonia to bunkering hubs globally.

Industry Leadership

Bert Frost, executive vice president and chief commercial officer at CF Industries, said: “We are pleased to collaborate with industry leaders such as Trafigura and TFG Marine to establish the supply chain necessary to meet the expected transition of the marine shipping industry to low-carbon ammonia as a fuel.”

Patricio Norris, global head of Ammonia and LPG at Trafigura, said: “This agreement brings together the critical components needed to advance low-carbon ammonia as a viable marine fuel. Through this collaboration with CF Industries and TFG Marine, we are combining world-class production capabilities with our global logistics and bunkering network to support the maritime industry’s transition to cleaner fuels.”

Kenneth Dam, executive director of TFG Marine, said: “Our global bunkering infrastructure and operational expertise position us to play a key role in delivering low-carbon ammonia fuel solutions to the shipping industry. This collaboration with CF Industries and Trafigura enables us to develop the supply chain and logistics capabilities needed to make low-carbon ammonia bunkering a commercial reality for vessel operators worldwide.”

For more information visit www.trafigura.com

VARO Energy has announced that it has completed the Preem AB acquisition, marking the successful delivery of VARO Energy’s 2022 ONE VARO Transformation strategy. Following regulatory approvals, the formation of VAROPreem creates a new leading force in energy built on scale, capability and track record.

VAROPreem Key Highlights

Scale: With six strategically positioned manufacturing hubs and access to more than 120 terminals, serving business customers across 33 countries. Creates the second-largest European renewable fuels producer, and one of the top six globally, and Europe’s third-largest independent refiner, meeting 10 percent of European mobility demand for road and marine sectors.

Capability: VAROPreem brings a significant integrated energy value chain across manufacturing, distribution, trading and customers, enabling disciplined execution.

Track record: ONE VARO The transformation strategy was completed ahead of schedule, with approximately 50 percent of 2025 pro forma earnings from sustainable energies and pro forma 2025 EBITDA expected to be three times higher than 2021. VAROPreem is now well positioned to deliver material synergies.

Strategic Combination

The creation of VAROPreem brings together two complementary companies, VARO Energy and Preem AB. With the acquisition complete, VAROPreem is now one of Europe’s most significant energy companies, combining deep industrial capabilities with global trading reach to serve mobility and industrial customers.

With extensive distribution infrastructure and access to more than 120 terminals, the new company owns six strategic manufacturing facilities. In Sweden, it operates Lysekil and Gothenburg. In Germany it holds a majority interest in both Neustadt and Vohburg. Finally, it owns Cressier in Switzerland and Coevorden in The Netherlands. Combined, these six manufacturing hubs have a processing capacity of 530 kbd of conventional fuels, 1.3 mtpa of renewable fuels and 450 GWh of biogas. VAROPreem also owns 100% share in elexon, a leading European developer of commercial vehicle charging.

Transition Investment Pipeline

Recent investments underline the company’s transition growth pipelines, including the commissioning of the Synsat facility at Lysekil, enabling the co-processing of renewable feedstocks and the Coevorden site producing bio-methane and bio-LNG. VAROPreem will continue to operate Preem’s assets with a clear focus on security of supply, resilience and continuity of service, reflecting their strategic role within Europe’s energy systems.

Twin-Engine Strategy

VAROPreem will build on the proven “twin-engine” strategy, supplying both conventional (“Engine 1”) and sustainable energies to mobility and industrial customers. Introduced by VARO Energy in 2022, the five-year strategy targeted a tripling of EBITDA, with 50 percent of earnings from sustainable energies. Following the transaction, VAROPreem expects earnings to be balanced across the two engines, with approximately half generated from conventional energies and half from sustainable energies.

The combined company brings together the industrial scale of an established energy producer with the innovation and capabilities of a renewables leader. This scalable model supports disciplined investment and portfolio evolution in line with customer demand and market dynamics, while enhancing returns.

Energy Security and Transition

VAROPreem brings together strong financing and end-to-end delivery expertise to build and operate energy infrastructure in Europe. With conventional demand remaining strong and sustainable energies expanding, the company is focused on two priorities: keeping supply reliable and funding the next wave of transition investments. This approach supports energy security now and accelerates progress toward a lower-carbon system.

Dev Sanyal, Group CEO of VAROPreem, said: “The creation of VAROPreem marks a defining moment for VARO and Preem. Together, we have created one of Europe’s most significant energy companies, built on the dedication of colleagues whose work has made this possible. VAROPreem combines industrial scale, critical infrastructure, financial strength, and deep operational expertise to support energy security and resilience across Europe. With EBITDA now three times higher than when we began our transformation, we are no longer developing scale; we have achieved it. VAROPreem is well positioned to deliver reliable, lower carbon energy across Europe. And while this completion brings one chapter to a close, it also lays the foundations for the next phase of our growth.”

New Executive Board

The newly established Executive Board brings together senior leaders from both VARO and Preem, combining expertise across manufacturing, commercial strategy and operations, and reflecting the integration of the two businesses. It will comprise:

• Dev Sanyal as Group CEO
• Magnus Heimburg as deputy CEO and EVP Markets & Customers
• Georges Menane as EVP and Group CFO
• Hugues Bourgogne as EVP manufacturing, Projects & Technology
• Stewart Peter as EVP Trading & Optimisation
• Theo Pannekeet as EVP Sustainable Energies Value Chain
• Eric Westerholm as EVP Strategy & Transformation
• Susanne Stenman as EVP Data & Information Technology
• Gilles Vollin as EVP Integration, People & Communication

Strong Financial Support

The transaction was fully financed through a debt package that attracted 15 new lenders, expanding VAROPreem’s lending syndicate to 30 institutions. With participation from banks across Europe, the USA, Japan, Southeast Asia, Middle East and South Africa, the financing underscores broad market confidence in VAROPreem’s strategy and in the creation of the company through the combination of VARO Energy and Preem AB.

With its transformation complete and a new leadership team in place, VAROPreem enters its next chapter focused on growth, delivery and long-term value creation.

For more information visit www.varopreem.com

Horton CBI, Limited (Horton CBI), a wholly owned subsidiary of CB&I, has been awarded a sizeable engineering, procurement, fabrication and construction (EPFC) contract by a leading Canadian infrastructure company. The scope of work includes the delivery of two liquefied petroleum gas (LPG) Hortonspheres^®, following the successful completion of three similar spheres for the same client in 2018.

Each sphere will measure 25 metres in diameter and offer a storage capacity of 8,200 cubic metres. Fabrication will take place at CB&I’s Kasemphol facility in Thailand, with the units to be transported to Canada as sub-assemblies. The Kasemphol facility, located close to the Sattahip Deep Sea Port, specialises in the manufacture of onshore modules, structural steel and prefabricated storage tanks. Covering more than 203,000 square metres, the site is equipped to deliver full turnkey fabrication services.

Onsite activities in Canada are expected to include erection, post-weld heat treatment, hydrotesting, external coating and fireproofing, with the overall construction phase anticipated to take approximately 18 months.

CB&I has maintained an operational presence in Canada for more than 110 years and continues to support energy infrastructure developments across the region. The company’s long-standing experience in spherical storage pressure vessels has underpinned ongoing improvements in design and construction methodologies, supported by comprehensive quality assurance and safety processes throughout project execution.

CB&I pioneered the field-welding of spherical storage vessels in the 1920s and constructed the world’s first field-erected Hortonsphere® in 1923. Since then, the company has designed and built thousands of spherical storage vessels worldwide, including liquid storage spheres of up to 28.6 metres in diameter and gas storage spheres reaching 33.5 metres.

For more information visit www.cbi.com

Gambian President Adama Barrow has appointed Cany Jobe as the new Director General of The Gambia Petroleum Commission, marking a significant milestone in the country’s efforts to advance its oil and gas sector. The appointment comes as The Gambia accelerates regulatory reform and acreage promotion to position itself as one of West Africa’s most attractive frontier exploration destinations.

Representing the voice of the African energy sector, the African Energy Chamber (AEC) welcomes the appointment of Cany Jobe as director general, recognising it as a vital step toward transforming The Gambia’s global investment profile. The Chamber believes Jobe will serve as the chief promoter of the country’s oil and gas sector, tasked with attracting international investment and positioning The Gambia as a world-class destination for upstream capital.

Cany Jobe, director general of The Gambia Petroleum Commission

Jobe joins the Petroleum Commission with close to 18 years of international experience across the oil and gas value chain. She holds a master’s in engineering from the University of Western Australia and a master’s in international project management from Glasgow Caledonian University. Prior to her appointment, she served as Director of Exploration & Production at the Gambia National Petroleum Corporation, where she was instrumental in upstream strategy development, data management and engagement with prospective investors. She has also held positions with regional and international institutions across Asia, Australia, West Africa and America, including roles with China Petroleum Corporation, Venezuela’s PDVSA and ECOWAS Commission as a national consultant. Now, with Jobe at the helm of the Petroleum Commission, The Gambia is signaling its readiness to compete for global exploration capital and take its place among West Africa’s next generation of oil and gas producers.

Her appointment comes at a pivotal moment in The Gambia’s energy development. Situated in the heart of the MSGBC basin, the country has a unique set of competitive advantages that make it a highly-attractive destination for frontier exploration and investment. These include attractive acreage, growing data coverage, strong geology as well as improving regulation. Despite these advantages, the country has yet to make a commercial oil discovery. The Gambia’s challenges with advancing exploration and development have had little to do with resources and more to do with investment. But recent moves promise to turn this trend around.

“Cany Jobe has taken on the big issues when it comes to The Gambia and Africa’s right to produce its oil and gas,” says NJ Ayuk, Executive Chairman, AEC, adding that she has stood up for her country and worked hard globally to advance the oil and gas industry believes in.

“I am confident she is going to work with the industry to attract investors to the country but also create an enabling environment for investors. I urge the international oil industry to support this strong ally by investing big in the country’s oil and gas industry,” he notes.

Under efforts to unlock the potential of its offshore acreage, The Gambia is actively opening its upstream sector to global exploration companies. The country currently has more than eight offshore blocks and two onshore blocks available for investment, positioning it as one of the most accessible frontier markets in West Africa. Approximately 80% of offshore seismic and geological data has already been acquired, significantly reducing exploration risk and enabling faster decision-making for operators considering entry into the market.

The Gambia’s investment proposition is further strengthened by its strategic location within the MSGBC Basin, one of the world’s most promising offshore hydrocarbon provinces. The basin has delivered world-class discoveries in neighboring countries, including Senegal’s Sangomar oilfield and the cross-border Greater Tortue Ahmeyim development shared by Senegal and Mauritania. Geological similarities across the basin underscore the potential for comparable discoveries in Gambian waters.

Beyond geology, regulatory reform is emerging as a key pillar of The Gambia’s upstream strategy. The government is in the process of finalising a new Petroleum Exploration, Development & Production Bill aimed at enhancing transparency, efficiency and investor confidence. The legislation is expected to complement broader reforms to upstream regulations, aligning the country’s legal framework with international best practices and improving the overall operating environment for foreign investors. Against this backdrop, Jobe’s appointment becomes increasingly strategic, providing the experienced leadership required to translate The Gambia’s geological potential, growing data coverage and regulatory reforms into concrete exploration commitments and sustained upstream investment.

“Cany Jobe brings the right mix of technical expertise, international experience and strategic vision to position The Gambia as a competitive upstream destination. Her leadership will be instrumental in promoting the country’s acreage, engaging investors and ensuring that The Gambia fully capitalises on its location in the MSGBC basin. This appointment demonstrates the government’s seriousness about attracting investment and building a world-class petroleum sector,” Ayuk states.

SOURCE: African Energy Chamber

For more information visit www.energychamber.org

Strategic buildouts continue to position Enbridge as an industry leader in natural gas storage as the company responds to escalating demand driven by multiple market forces.

Domestic demand, offshore demand and abundant North American supplies are converging to create unprecedented requirements for natural gas storage capacity.

Market Forces Driving Expansion

Between escalating LNG feed gas demand, growing American reindustrialisation and surging data centre requirements, natural gas has become a highly sought commodity.

Greg Ebel, president and CEO of Enbridge, said during the company’s 2025 third-quarter financial earnings call on November 7: “It’s worth taking a moment to dive a little deeper into the growing North American gas storage market, and how we are positioned to serve our customers. This demand dramatically shifts supply economics and increases the importance of strategically located storage capacity.”

Strategic Gulf Coast Position

Already an important player with 10 percent of available storage capacity on the US Gulf Coast, Enbridge announced November 7 that the company has sanctioned expansions of its Egan, Louisiana and Moss Bluff, Texas gas storage facilities to meet that demand.

For more infomation visit www.enbridge.com

HES Med Terminals has announced its rebrand from SOSERSID-SOMARSID, strengthening its alignment within HES International and reflecting the company’s international ambition.

While the name and brand evolve, the company emphasised that what truly matters remains unchanged: its teams, expertise, safety standards and commitment to customers and partners.

Strategic Operations in Mediterranean Gateway

HES Med Terminals (HMT) is a bulk terminal operator based in Fos-sur-Mer, specialising in dry bulk, breakbulk and project cargoes. Part of HES International, a leading European port terminal operator, the company combines international best practices with strong local expertise to deliver safe, efficient and reliable port logistics solutions.

HMT’s operations cover steel products, bulk commodities and heavy-lift/project cargo, serving customers across the energy, minerals, construction materials and steel sectors.

Comprehensive Terminal Infrastructure

HES Med Terminals operates two strategic facilities:

• The ArcelorMittal site, handling raw material imports (coking coal, iron ore) and steel exports across two dedicated quays
• The HES Fos Bulk Terminal, a 67-hectare terminal under a 40-year concession, offering handling, storage and transshipment services

Safety is the company’s highest priority. Supported by state-of-the-art equipment and three deep-sea quays, HES Med Terminals provides a strategic gateway to the industrial heart of Southern Europe.

HES Med Terminals expressed pride in opening this new chapter under its updated identity.

For more information visit www.hesinternational.eu/en/terminals/hes-med-terminals

As the global energy landscape shifts towards lower-carbon solutions, LNG developers face a central challenge: how to expand export capacity quickly and cost-effectively while managing risk. Argent LNG is addressing this challenge through a modular approach to liquefied natural gas production, offering a scalable model for clean energy exports that balances speed, efficiency and capital discipline.

Modular engineering: flexibility at scale

At the core of Argent LNG’s strategy is modular technology. Unlike traditional stick-built LNG facilities, which rely on large, site-constructed liquefaction trains developed over many years, Argent LNG deploys prefabricated, factory-tested modules for each major system, including liquefaction, pretreatment, power generation and storage.

This approach significantly reduces capital expenditure risk, as standardised modules are fully tested off-site and delivered ready for assembly, limiting construction uncertainty. It also shortens project timelines, enabling earlier production and faster revenue generation. In addition, the modular design allows for phased expansion, enabling capacity to be added incrementally as market demand grows, rather than requiring full-scale development upfront.

Integrated OEM expertise

Argent LNG’s modular architecture integrates technologies from leading global original equipment manufacturers to ensure reliability and performance across the entire facility.

Baker Hughes supplies the liquefaction modules, gas power turbines, compression systems and cold boxes, based on its advanced 2.1 process technology for efficient and scalable gas cooling and liquefaction. All modules are pre-commissioned before leaving the modular yard.

Honeywell UOP provides the five million tonnes per annum pretreatment systems, which remove impurities and ensure feed gas meets the highest standards required for liquefaction and storage. ABB delivers modularised e-houses, power generation and automation systems, providing precise operational control and optimised energy efficiency across the plant.

GTT supplies the modular membrane containment systems for LNG storage, using robotic welding to assemble factory-tested tanks. This approach improves safety, accelerates installation and preserves world-class storage integrity, while remaining fully aligned with Argent LNG’s modular design philosophy.

Together, these integrated technologies allow Argent LNG to assemble a high-performance LNG facility with reduced risk, faster commissioning and predictable operational outcomes.

Lower carbon footprint and environmental stewardship

The modular model also supports a lower-carbon strategy. Shorter construction timelines reduce energy consumption and emissions during the build phase, while optimised plant design improves operational efficiency from the outset. The modular framework further allows systems to be upgraded as new technologies emerge, helping to future-proof the facility as decarbonisation standards continue to evolve.

A blueprint for global scaling

Argent LNG’s modular methodology offers a replicable “cookie-cutter” model for emerging LNG markets and clean energy infrastructure worldwide. By lowering upfront capital requirements, reducing project risk and enabling phased development, modular LNG plants can be deployed in regions where traditional large-scale facilities may be economically or regulatory unviable.

In an era defined by energy security, environmental responsibility and capital efficiency, Argent LNG demonstrates that modular design is more than an engineering choice — it is a strategic tool for scaling clean energy exports. For developers, investors and policymakers alike, the company presents a blueprint for LNG infrastructure that meets current demand without compromising future flexibility.

For more information visit www.argentlng.com

FARO Technologies and Creaform, businesses of AMETEK, Inc., are announcing a major new chapter in their evolutions which will reframe how industries approach metrology and reality capture. As of today, FARO’s 3D Measurement business segment combines with Creaform, giving rise to FARO CREAFORM, a business unit delivering rigorous dimensional measurement solutions providing practical certainty so manufacturing and maintenance teams can act decisively. In parallel, FARO’s reality capture business segment will become FARO INSIGHT, a business unit that will focus on delivering world-class reality capture solutions transforming the physical world into actionable insights that teams can trust. By design, this reorganisation is intended to deliver greater value to customers, accelerate innovation, and create synergies that support growth and long term growth.

Under the leadership of Fanny Truchon, FARO CREAFORM aims to make metrology more mobile, usable, and transformative, giving manufacturers better outcomes, a superior experience and a single point of contact for the complete portfolio. Led by Dietmar Wennemer alongside Virtek Vision, FARO INSIGHT will deliver a reality capture ecosystem that moves teams from field data to impact, enabling seamless capture, pointcloud conversion, and data management and sharing for digital twin workflows across AEC&O, public safety, and geospatial.

“FARO CREAFORM is more than a consolidation. By combining the strength of two leaders, we’re opening possibilities that will empower industries to move from hindsight to foresight. FARO CREAFORM aims to become the undisputed leader in portable metrology”, explained Fanny Truchon, business unit manager of FARO CREAFORM.

“FARO INSIGHT’s approach is simple: we want to digitise the world. Our hardware and software solutions reduce ambiguity to help track building progress, document changes, and digitise crime scenes, structures, mines, forests, and landscapes to provide insights customers can build on”, added Dietmar Wennemer, business unit manager at FARO INSIGHT and Virtek Vision.

Building on FARO’s more than 40 years of leadership in 3D measurement and reality capture and Creaform’s handheld metrology innovation since 2002, this next phase introduces a unified structure designed to ensure continuity, provide clear, timely information, and maintain the trust customers and partners expect.

For more information visit www.creaform3d.com

Eni has announced that, as of January 1, 2026, the business branch of the Refining Evolution & Transformation unit has been transferred to the new company Eni Industrial Evolution S.p.A., which will aim to ensure the management of traditional assets (refineries and depots) in Europe and the Middle East and to consolidate the path of industrial transformation, also from a circular economy perspective, through the development of new industrial supply chains.

Strategic Transformation

The transaction, which entails the optimisation of management and the simplification and acceleration of processes characterising the businesses involved, is part of Eni’s strategy to ensure a fully decarbonised energy offering both in production processes and to consumers, seizing the opportunities and growth prospects offered by the energy transition.

Asset Portfolio

As of January 1, the scope of Eni Industrial Evolution includes the refineries of Sannazzaro de’ Burgondi (Pavia) and Taranto, the stake in the Milazzo Refinery joint venture and the Livorno refinery, the Robassomero plant, the Research Center South in San Filippo del Mela, primary logistics assets – namely depots and pipelines – and shareholdings in Ecofuel S.p.A. and Costiero Gas Livorno S.p.A.

Developing New Supply Chains

The corporate operation aims to develop new supply chains in the field of industrial transformation, enhancing people’s expertise and the technologies developed in downstream activities, to ensure a future based on environmental, social and economic sustainability. Processing activities of raw materials and semi-finished products in the refineries, as well as the reception, handling, storage and delivery of products in refineries and depots, will be ensured through contracts between Eni and Eni Industrial Evolution, to which licences and authorisations, including customs ones, will be transferred.

Leadership

The chairman and chief executive officer of Eni Industrial Evolution is Umberto Carrara.

For more information visit www.eni.com

CB&I has announced it has been awarded a contract by We Energies to design and build a full-containment liquefied natural gas storage tank for a peak shaving facility in Oak Creek, Wisconsin, located just south of the Milwaukee metropolitan area. CB&I’s project scope includes the engineering, procurement, fabrication and construction (EPFC) of one full-containment 2.0 BCF LNG tank with in-tank pumps, topsides and piping to grade.

Continuing Partnership

Brian Goedken, CB&I’s vice president of operations, said: “We are pleased to continue a strong working relationship with We Energies after the successful completion and operation of their Bluff Creek and Ixonia LNG tank projects. Oak Creek LNG is a critical infrastructure project in the growing region of southeastern Wisconsin that will ensure supply reliability and efficiency during peak energy demand. Our team is excited to apply our engineering and construction excellence to the execution of yet another LNG storage tank in this area.”

Historic Site

The new LNG tank will be built at the same facility where CB&I completed North America’s first LNG peak shaving facility in 1965.

For more information visit www.cbi.com

Coastal Bend LNG has announced it has selected KBR, Inc. and Técnicas Reunidas for the front-end engineering and design of their planned natural gas liquefaction and export facility along the Texas Gulf Coast. Upon positive final investment decision, KBR and Técnicas Reunidas will proceed to execute the engineering, procurement and construction phase of the project.

Low-Carbon LNG Design

KBR and Técnicas Reunidas will collaborate to execute the FEED for multiple large-scale trains with a design utilising ConocoPhillips’ Optimised Cascade® Process (OCP) that meets Coastal Bend LNG’s goal of producing cost-competitive liquified natural gas (LNG) while simultaneously mitigating greenhouse gas emissions.

Nick Flores, CEO of Coastal Bend LNG, said: “KBR and Técnicas Reunidas bring impressive expertise in engineering and design across many process technologies, including LNG and industrial decarbonisation, and share our mission to provide low-carbon energy to the world. Our collaboration with KBR, Técnicas Reunidas, and ConocoPhillips, and their combined experience in this space, will enable us to maximise our facility’s efficiency and economic targets, while minimising our carbon intensity.”

Industry Leadership and Expertise

Jay Ibrahim, KBR president, Sustainable Technology Solutions, said: “KBR is proud to collaborate with Coastal Bend LNG to help shape how LNG is produced and delivered to global markets from the Texas Gulf Coast. This award underscores KBR’s leadership in designing energy infrastructure that is efficient and scalable, helping to meet global energy demands. With our deep roots in the Gulf Coast and over five decades of LNG expertise, we’re proud to assist Coastal Bend LNG’s goal of setting a new standard for low-carbon LNG energy production.”

Arthur Crossley, deputy CEO and CCO of Técnicas Reunidas, said: “Coastal Bend LNG exemplifies how we, along with our customers and technology providers, can develop lower carbon LNG by applying decarbonisation innovations to meet the evolving expectations of LNG end-markets.”

For more information visit  www.coastalbendlng.com

The Association for Materials Protection and Performance (AMPP) has announced with deep sadness the passing of George F. Hays, a respected leader in the global corrosion community and a past president of NACE International. Hays passed away peacefully at his home in Rockaway, New Jersey, on January 4, 2026, at the age of 87, with his wife, Beverly, by his side.

Decades of Professional Leadership

George Hays dedicated more than four decades to advancing corrosion control, materials performance, and industrial water and waste system technologies. His professional career spanned more than 30 years at Ashland Speciality Chemical Company, where he served in an international capacity as technology manager, specialising in the design and application of monitoring and control technologies. Following his retirement in 1999, Hays continued to contribute his expertise as a consultant, remaining active in the field he helped shape.

Transformative Industry Service

Within the professional community, Hays is widely remembered for his leadership and service. He served as president of NACE International (now AMPP) from 2004 to 2005, during a pivotal period for the organisation. During his presidency, he helped drive the decision to provide members with free access to standards, an initiative that significantly increased membership engagement and reinforced the value of technical standards to the corrosion profession.

Global Impact

Hays also played a foundational role on the global stage. He was a co-founder of the World Corrosion Organization (WCO) and served as its Director-General from 2006 until March 2016. In that role, he acted as WCO’s liaison to the United Nations and devoted years to elevating corrosion prevention and control as a matter of global importance, representing more than 30 professional societies across five continents.

Service Beyond the Technical Sphere

Beyond his technical and organisational leadership, Hays was an accredited professional mediator. Together with his wife, he established Hays Mediation Service, supporting individuals and families through complex mediation processes and extending his commitment to service beyond the technical sphere.

Enduring Legacy

Despite declining health in recent years, Hays remained intellectually engaged and deeply connected to the corrosion community until his passing. Colleagues and friends remember him not only for his professional achievements but also for his integrity, diplomacy and dedication to advancing the public good through corrosion prevention.

Condolences may be sent to: 2103 Franklin Ln, Rockaway, NJ 07866

AMPP extends its heartfelt condolences to Beverly Hays, their family and all who were influenced by George Hays’ life and legacy.

For more information visit www.ampp.org

As the liquid terminal industry continues to evolve, strong leadership at the board level is critical to ensuring members are well represented, informed and supported. The International Liquid Terminals Association (ILTA) has highlighted the executive committee of ILTA’s board of directors, whose experience and perspective help guide the association’s strategic direction.

Executive Committee Members:

• Chair: Josh Etzel, Kinder Morgan, Inc.
• Vice chair: Vincent DiCosimo, Targa Resources
• Treasurer: Traci Johnson, IMTT
• Past chair (Ex Officio): T. Pratt Summers, Colonial Terminals

Strategic Leadership

Together, this group reflects both continuity and momentum—bringing deep institutional knowledge alongside fresh leadership to help ILTA navigate an ever-changing industry landscape.

ILTA expressed gratitude for their service and commitment to advancing ILTA’s mission on behalf of its members.

For more information visit www.ilta.org

Senior energy market analysts and advisory leaders have confirmed their participation as speakers at the Libya Energy & Economic Summit (LEES) 2026, as Libya accelerates upstream investment, advances its first licensing round in nearly two decades and targets crude oil production of 1.6 million barrels per day by the end of 2026.

Haythem Rashed, managing director, Quidux Consulting Limited; Jennifer Jumbe, director of energy & natural resources, S&P Global Commodity Insights; and Cristina Tomé Martinez, technical research associate director of upstream energy, S&P Global Commodity Insights, will contribute expert market perspectives at the event.

Scheduled for January 24-26, 2026, in Tripoli, the fourth edition of LEES is held under the theme “Infrastructure & Investment Driving Energy Growth” and is officially endorsed by the office of the prime minister, the Ministry of Oil and Gas and the National Oil Corporation. The summit takes place as Libya records its highest oil output in over a decade and moves to attract international capital to upgrade aging infrastructure and unlock new exploration potential across its major basins.

Libya’s hydrocarbon sector remains the backbone of the national economy, accounting for approximately 90 percent of government revenues, 95 percent of exports and more than 60 percent of GDP. The NOC’s near-term objective to raise production from around 1.36 million bpd to 1.6 million bpd by end-2026 forms part of a longer-term ambition to reach 2 million bpd within three to five years. Achieving these targets will require sustained foreign investment, estimated at $3-4 billion for infrastructure modernization, alongside political and security stability.

Providing critical data, research and market intelligence on Libya’s oil and gas sector, S&P Global Commodity Insights closely tracks the country’s production recovery and its ambition to reach up to 2 million bpd by 2027. S&P analysis highlights that while Libyan output reached a 12-year high in mid-2025, the sector remains sensitive to political volatility, underscoring the importance of resilient infrastructure and long-term investment frameworks. Meanwhile, Quidux – formed in 2020 – is a boutique advisory firm specialising in the Libyan energy market. The firm provides analytical and strategic advisory services to public and private institutions.

Recent upstream momentum in Libya includes the resumption of exploration and drilling by international majors such as Eni and bp in the Ghadames Basin, Repsol in the Murzuq Basin, and renewed commitments by TotalEnergies, OMV and others. Gas development is also gaining strategic importance, with major projects aimed at strengthening domestic supply and exports to Europe, including via the GreenStream pipeline to Italy.

“The participation of analysts and advisory experts from S&P Global Commodity Insights and Quidux Consulting reflects the growing demand for high-quality data, insight and strategic guidance as Libya reopens its upstream sector,” states James Chester, CEO, Energy Capital & Power.

LEES 2026 will convene government stakeholders, national and international oil companies, investors and service providers to examine Libya’s production outlook, licensing strategy and infrastructure pipelines. The summit offers a platform for dialogue, partnerships and deal-making in one of Africa’s most significant hydrocarbon markets.

For more information visit www.LibyaSummit.com

Glenfarne Alaska LNG, LLC, majority owner and developer of the Alaska LNG Project, and Donlin Gold LLC, the developer of the Donlin Gold mine owned by NOVAGOLD RESOURCES INC.and Paulson Advisers LLC, have announced that the companies have signed a non-binding Letter of Intent for natural gas supply from the Alaska LNG Pipeline and the development of the infrastructure needed to deliver the gas and power the mine.

Infrastructure Development Partnership

Under the LOI, the companies will work to formalise a potential natural gas sales agreement for up to 50 million cubic feet of natural gas per day and also cooperate on the most effective method for development and construction of an approximately 315-mile-long natural gas pipeline from Southcentral Alaska to the Donlin Gold mine in Southwest Alaska and a power plant to supply electricity to the mine.

Adam Prestidge, president of Glenfarne Alaska LNG, said: “Alaska LNG offers abundant low-cost natural gas that will enhance the economics and facilitate development of energy-intensive mining projects in Alaska. We have great confidence in the future success of Donlin following the significant investment by Paulson. Adding a foundational customer like Donlin Gold, one of the largest known undeveloped gold deposits in the world, to Alaska LNG provides significant volume discount benefits that will result in lower energy costs for Alaska consumers. As we continue to bring on more pipeline customers, the cost of gas for Alaskans will continue to go down.”

John Paulson, President of Paulson, said: “A reliable, secure supply of economic natural gas from Alaska LNG has the potential to substantially enhance our ability to unlock value and upside potential in Donlin Gold. Glenfarne’s global energy experience is well suited to provide a long-term turnkey energy solution that helps advance this opportunity.”

Greg Lang, NOVAGOLD’s president and CEO, said: “As Donlin moves into what we hope to be the largest single gold mine in the United States, natural gas from Alaska LNG could offer significant benefits not only for the mine, but for the entire Southwestern Alaska region. We look forward to working with Glenfarne to unlock the value of both of these world-class Alaskan resources: Donlin Gold and Alaska LNG.”

Alaska LNG Project Development

Glenfarne is developing Alaska LNG in two financially independent phases to accelerate project execution. Phase One consists of a 765-mile, 42-inch pipeline to transport natural gas from Alaska’s North Slope to meet Alaska’s domestic energy needs. Phase Two will add the LNG terminal and related infrastructure to export 20 million tonnes per annum of LNG.

Glenfarne is the owner and operator of 60 energy assets globally, with 11 offices in eight countries across four continents, including gas, solar, battery, hydro and wind projects, and a North American LNG portfolio under development for 32.8 MTPA of LNG per year.

Glenfarne became lead developer of Alaska LNG in March 2025. Since then, Glenfarne has secured preliminary commercial commitments with leading LNG buyers in Japan, Korea, Taiwan and Thailand for 11 MTPA of LNG, and strategic partnerships that also include Baker Hughes and POSCO International. Glenfarne owns 75 percent of Alaska LNG and the Alaska Gasline Development Corporation owns 25 percent.

For more information visit www.glenfarnegroup.com

Trafigura Group Pte Ltd., a market leader in the global commodities industry, has appointed Jane Kilmartin as chief information officer (CIO), a newly created role. Kilmartin is based in Geneva.

Extensive Technology Leadership Experience

Kilmartin brings over 15 years of experience in information technology across complex, global energy and commodities businesses. She joins Trafigura from Alpiq, where she served as Group CIO. Prior to joining Alpiq in 2023, Kilmartin spent eight years at Cargill as CIO for the Agriculture Supply Chain, leading IT strategies across Energy, Transportation & Metals, and Financial Services. Before Cargill, she held senior leadership roles at RWE, including managing director RWE IT (UK) and CIO of NPower.

In her new role, Kilmartin will lead the Group’s technology strategy, overseeing technology functions including Trading IT, the Digital Transformation Team, Data Science and Engineering, Risk IT, IT Infrastructure and IT Security.

Driving Digital Innovation

Jane Kilmartin said: “I am delighted to be joining Trafigura at this exciting time for the business and the industry. Technological innovation is transforming the commodities sector, and I look forward to working with my new colleagues to enhance Trafigura’s digital capabilities and drive innovation.”

Richard Holtum, chief executive officer of Trafigura, commented: “I am pleased to welcome Jane to Trafigura. Jane’s extensive experience leading technology transformation across complex, global commodity and energy businesses will be instrumental as we continue to invest in our digital capabilities and data-driven solutions to become a simpler, smarter and sharper organisation.”

For more information visit www.trafigura.com

Sandborn has announced the opening of a new manufacturing facility in Spring, Texas, marking a significant milestone in the company’s continued growth and its commitment to serving customers across North America.

The 15,000-square-foot facility represents a major expansion of Sandborn’s U.S. manufacturing footprint and replicates the full production capabilities of its established Nisku operations. Purpose-built to support efficiency, quality, and scalability, the Texas facility enhances Sandborn’s ability to deliver reliable floating roof solutions while maintaining the high standards customers have come to expect.

Built for Capability and Consistency

The Spring facility is fully equipped to support end-to-end manufacturing and module production. Key capabilities include a new laser cutting table for precision fabrication, a CNC press brake to ensure consistent forming and tight tolerances, and full module production to support complex floating roof and seal assemblies.

By duplicating the core capabilities of its Nisku operation, Sandborn ensures consistency in design, manufacturing processes, and quality control across all projects, regardless of production location.

Supporting a Growing Customer Base

The expansion strengthens Sandborn’s ability to support its growing customer base throughout the United States and beyond. Manufacturing closer to customers and project sites reduces delivery times, improves logistics efficiency, and enables faster responses to project requirements.

In addition, the Texas facility provides increased flexibility when navigating cross-border trade and tariff considerations, helping projects move forward with greater cost certainty and fewer delays.

Strategic Location, Long-Term Vision

Spring, Texas offers a strategic advantage due to its proximity to major energy and industrial hubs, established transportation networks, and a skilled workforce. Establishing operations in Texas aligns with Sandborn’s long-term strategy of supporting customers where they operate while continuing to invest in infrastructure that enables sustainable growth.

The facility is designed not only to increase production capacity, but also to build operational resilience as demand for floating roof systems continues to evolve.

Looking Ahead

The opening of the Spring facility represents more than an expansion of physical space—it reflects Sandborn’s ongoing commitment to engineering excellence, manufacturing reliability, and responsive customer support. As the company continues to grow, its focus remains on delivering high-quality floating roof solutions backed by strong manufacturing capabilities and dependable service.

With this new facility, Sandborn is well positioned to support projects across the United States with greater speed, flexibility, and confidence.

For more information visit www.sandbornroofs-seals.com

In a significant development, Ivens is excited to announce that the company has been awarded a new project for EVOS Malta. This achievement marks another crucial milestone for Ivens and is a strong testament to the company’s exceptional expertise and capabilities in the industry.

The collaboration with EVOS Malta represents not only a promising new venture but also a renewed vote of confidence in Ivens’ ability to deliver top-tier solutions. This partnership underscores the company’s commitment to excellence and solidifies its reputation as a trusted partner in the industry.

The announcement has been met with enthusiasm, as Ivens expresses its deep gratitude towards EVOS for the trust placed in their team. “We would like to sincerely thank EVOS for their belief in Ivens and for giving us the opportunity to work on this exciting project,” said the Ivens team in a statement. “We are confident that, together with all stakeholders involved, we can turn this project into a resounding success.”

At the heart of this collaboration is a shared commitment to technical excellence, innovative solutions, and effective teamwork. Ivens is fully prepared to embark on the next phase of this project, focusing on delivering quality results that exceed expectations. With every step, Ivens aims to demonstrate that success is best built together, with a unified approach and dedication to delivering the highest standards.

As the project gets underway, the Ivens team remains enthusiastic and driven by the shared goal of making this partnership a shining example of success. The company’s core values of commitment, collaboration, and technical prowess are guiding every stage of the project, and they are eager to see it through to its successful realisation.

This is just the beginning of an exciting journey, and Ivens looks forward to making a lasting impact alongside its partners. Together as one, Ivens and EVOS Malta are set to achieve great things.

For more information visit www.ivensgroup.com

The African Export–Import Bank (Afreximbank) has provided a USD 64 million Acquisition Finance Facility to Levene Energy Development Limited to support its equity commitment to Bluecore Gas Infraco Limited, the acquiring entity for a 30 percent stake in Axxela Limited. Axxela is one of West Africa’s leading gas and power infrastructure companies, and the transaction gives Levene Energy direct exposure to Nigeria’s regulated midstream and downstream gas sectors.

The investment represents a major strategic milestone for Levene Energy, marking a diversification away from its traditional focus on oil and refined petroleum products trading into long-term, infrastructure-backed earnings. The move aligns with Levene Energy’s objective of becoming a fully integrated energy company with recurring revenue streams anchored in critical energy infrastructure.

In addition to its commercial importance, the transaction supports regional energy transition goals by expanding access to natural gas across West Africa. Axxela is positioned as a key enabler of Nigeria’s energy transition through its investments in gas infrastructure, power generation and cleaner energy solutions. With a strong project pipeline, established regional partnerships and a restructured business model, Axxela is expected to drive sustainable growth and deepen its impact across the region’s energy landscape.

Afreximbank described the financing as aligned with its strategic priorities under its Leadership in Global Trade Banking, Intra-African Trade and Industrialisation pillars. The Bank highlighted that the transaction reflects its commitment to mobilising private sector investment into critical infrastructure, strengthening energy security across Africa and reinforcing regional value chains in the oil and gas sector, while also supporting the transition to cleaner energy sources.

Levene Energy noted that the facility is a catalyst for its strategic expansion beyond commodity trading into renewable energy, such as solar power, and now into the core of West Africa’s gas and power infrastructure. The company said the financing validates its long-term vision and underscores the importance of resilient, locally owned infrastructure as a foundation for sustainable economic development across the continent.

The partnership between Afreximbank and Levene Energy began in 2019 with trade finance facilities and has since evolved into a broader strategic collaboration. This latest transaction reflects Levene Energy’s transformation from a downstream operator into a pan-African energy trader and, most recently, a gas infrastructure investor.

For more information visit www.Afreximbank.com or www.leveneenergy.com

Africa stands at a critical crossroads in its energy journey. Despite being home to some of the world’s fastest-growing economies and richest energy resources, more than 600 million people across the continent still lack access to reliable electricity. At the same time, constrained grids, aging infrastructure and limited access to affordable finance continue to hold back industrialisation, job creation and economic growth.

Closing Africa’s energy gap will require more than ambition and policy commitments — it will require capital mobilisation at scale, effective risk mitigation, and platforms that can convert projects into bankable, investable opportunities. This is where Africa Energy Indaba plays a pivotal role.

As a leading energy investment and deal-making platform for the continent, Africa Energy Indaba brings together governments, development finance institutions (DFIs), private equity, commercial banks, project developers, EPCs and technology providers with a shared objective: to unlock capital and accelerate the delivery of energy infrastructure across Africa.

Mobilising Capital for Africa’s Energy Future

Africa’s annual energy and infrastructure funding gap is estimated to run into the hundreds of billions of dollars. While global capital is available, investors continue to face challenges related to project preparation, regulatory uncertainty, currency risk, and limited creditworthiness of off-takers. Africa Energy Indaba directly addresses these challenges by creating a focused environment where policy, capital and projects intersect.

The Indaba’s programme is deliberately structured around investment readiness and bankability, featuring high-level ministerial dialogues, investor forums, project showcases and closed-door meetings. This enables stakeholders to engage meaningfully on project structuring, blended finance, guarantees, and risk-sharing mechanisms that are critical to unlocking funding.

Rather than being a purely theoretical discussion forum, Africa Energy Indaba is designed to support the entire project lifecycle — from early-stage development and regulatory engagement, through to financing, construction and implementation.

A Platform Designed for Deal-Making

What differentiates Africa Energy Indaba is its strong emphasis on outcomes. The event has evolved into a trusted space where serious investors and credible project sponsors meet with decision-makers who have the authority to move projects forward.

Through curated investor engagement, the Indaba facilitates introductions between developers and DFIs, private equity funds and commercial lenders, while also enabling governments to present national project pipelines and reform initiatives. This approach ensures discussions are grounded in real opportunities, not abstract concepts.

Energy sectors featured at the Indaba span the full value chain, including grid-scale power generation, transmission and distribution, gas-to-power, renewables, energy storage, grid modernisation, industrial power solutions and emerging energy technologies. By reflecting Africa’s diverse energy realities, the Indaba supports pragmatic solutions that balance energy security, affordability and sustainability.

Aligning Policy, Capital and Infrastructure

Governments play a central role in creating the conditions necessary for investment, and Africa Energy Indaba provides a neutral platform for transparent dialogue between public and private stakeholders. Ministers and senior officials use the Indaba to outline policy reforms, regulatory frameworks and national energy strategies, while investors and financiers provide feedback on what is required to unlock capital at scale.

This two-way engagement is critical in closing the disconnect that often exists between policy intent and investor expectations. By fostering open, solution-oriented discussions, Africa Energy Indaba helps bridge this gap and accelerate project development timelines.

The co-location of Infrastructure Africa alongside Africa Energy Indaba further strengthens this value proposition, recognising that energy investment does not exist in isolation. Power generation and grid development are intrinsically linked to transport, logistics, water, digital and industrial infrastructure. Together, the two platforms create a single convening point for cross-sector investment and integrated infrastructure planning.

Delivering Impact Beyond the Event

Africa Energy Indaba’s influence extends beyond the conference floor. Relationships formed, projects introduced and deals initiated at the Indaba continue to progress long after the event concludes. This sustained engagement has positioned the Indaba as a trusted annual meeting point for Africa’s energy investment community.

As Africa accelerates efforts to expand access, modernise grids and transition towards more sustainable energy systems, the need for effective investment platforms has never been greater. Africa Energy Indaba stands at the centre of this effort — unlocking capital, enabling partnerships and turning Africa’s energy ambitions into bankable realities.

For more information visit www.africaenergyindaba.com

Storm Goretti is already impacting Europe, bringing a combination of freezing temperatures, snow, ice and strong winds across key industrial regions. While transport disruption and power outages dominate headlines, the most serious risks are being felt quietly across hazardous area industrial sites where temperature control is fundamental to safe operation.

For industries such as oil and gas, petrochemical processing, offshore production, terminals, tank farms and chemical manufacturing, Storm Goretti represents not simply a weather event but a direct threat to flow assurance, safety compliance, asset integrity and production continuity.

What Is Storm Goretti?

Storm Goretti is a powerful winter storm system that developed over the North Atlantic before intensifying as it moved into Western Europe. Meteorological agencies have issued widespread warnings for sub-zero temperatures, heavy snowfall, freezing rain and strong winds, with conditions expected to deteriorate rapidly in some regions.

What makes Storm Goretti particularly disruptive is not just the snowfall or wind, but the speed at which temperatures are dropping. Sudden cold snaps place significant thermal stress on industrial systems that rely on controlled heat input to remain operational.

For hazardous area sites, these conditions create a convergence of risks for freezing, solidification, instrumentation failure and emergency shutdowns.

Why Cold Weather Is a Major Industrial Risk

In hazardous environments, temperature is not simply a comfort issue – it is a critical process variable. Many fluids, chemicals and gases behave very differently as temperatures fall:

• Hydrocarbons become more viscous or gel
• Chemicals crystallize or solidify
• Condensation freezes inside lines and instruments
• Elastomers and seals lose flexibility

Without active temperature maintenance, these changes can lead to blocked pipelines, seized valves, damaged pumps and false instrument readings – all of which can trigger safety trips or forced shutdowns.

Impact on Hazardous Area Industries

Oil & Gas – Onshore, Offshore & Terminals

Oil and gas assets are especially exposed during extreme cold. Storm Goretti increases the risk of pipeline and valve freeze-ups; reduced flow rates and pressure instability; heat exchanger efficiency loss due to icing; and instrument air and impulse line freezing.

On offshore platforms and remote assets, access restrictions caused by weather make rapid intervention difficult, increasing reliance on permanently installed trace heating and hazardous area heaters.

Petrochemical & Chemical Processing

Many chemical processes operate within tight temperature windows. Cold ingress during storms can cause feedstock temperature dropping below reaction limits; increased viscosity leading to pump overload; batch quality issues or scrapped product; and extended restart times after shutdown.

Tank Farms, Drum Storage & Loading Operations

Bulk storage and transfer operations face increased challenges as temperatures fall. Drums and IBCs stored outdoors cool rapidly; loading arms and hoses freeze between transfers; and mobile operations become difficult or unsafe.

Common Failure Modes During Extreme Cold Events

Common failure modes include frozen pipework and valves requiring controlled thawing; unplanned production shutdowns due to process trips; ATEX compliance risks if uncertified heaters are introduced in emergencies; asset damage caused by thermal shock or ice expansion; and extended restart timelines once materials solidify.

Crucially, many sites only discover these vulnerabilities after temperatures have dropped. By that point, options are limited and downtime is already unavoidable.

Heating & Temperature Control Solutions for Storm Conditions

Thorne & Derrick International specializes in engineered heating solutions for hazardous areas, designed to maintain safe operating temperatures during extreme winter weather events such as Storm Goretti.

Typical mitigation strategies include ATEX and IECEx certified air heaters for plant rooms, enclosures and temporary work areas; electrical trace heating for pipelines, valves, manifolds and tanks; drum and IBC heaters to maintain product viscosity and prevent solidification; and heated hoses for safe, flexible transfer of temperature-sensitive fluids.

All equipment is selected to meet the required zone classification, temperature class (T-class), ingress protection and duty cycle.

Hazardous Area Heater Safety Requirements

Critical safety considerations include ATEX/IECEx certification verification; correct temperature class (T3/T4); no exposed ignition sources; anti-static, corrosion-resistant construction; ingress protection suitable for offshore use; and thermal cut-out and over-temperature protection.

Urgent Actions for Site Operators

Storm Goretti represents a current rather than future risk. Sites that delay preparation risk being forced into shutdowns rather than making controlled decisions.

Recommended immediate actions include auditing existing trace heating and space heating systems; identifying unprotected or marginal assets; and deploying certified hazardous area heaters before access becomes restricted.

For more information visit www.thorneandderrick.com

The Association for Materials Protection and Performance, the global authority in materials protection and performance, has reached a significant organisational milestone with 40,000 members worldwide, underscoring the growing demand for technical expertise, standards, and professional connections across the corrosion and protective coatings industries.

This milestone reflects AMPP’s continued global growth and its role in supporting professionals who protect critical infrastructure, industrial assets, and the built environment every day. AMPP members play an active role in shaping the association’s technical direction—convening at conferences, contributing to standards and publications, and advancing industry priorities through collaboration and advocacy.

“Reaching 40,000 members is a powerful signal of the value this community delivers to industry and society,” said AMPP CEO Alan Thomas. “Our members are the reason AMPP exists. By working together toward shared goals, they advance safety, reliability, and performance across infrastructure systems worldwide. This milestone represents not just growth, but the collective impact our members make every day.”

AMPP’s membership growth has been especially strong internationally, driven by expanding chapter engagement, student participation, and access to globally relevant standards, training, and certification pathways.

“Our members don’t just belong to AMPP—they actively shape the organisation and the industry,” said Rebecca Griebe, senior director of User Experience at AMPP. “From developing standards and serving as instructors and volunteers to mentoring students and sharing field expertise, members are at the centre of everything we do. Their daily work strengthens asset integrity, improves performance, and elevates professional practice worldwide.”

Member Impact and Organisational Growth Highlights
AMPP’s growth to 40,000 members is supported by continued investment in member value and global engagement, including:

1. Restored access to all current AMPP standards for members, reinforcing AMPP’s commitment to technical excellence and knowledge sharing.
2. 180 AMPP chapters worldwide, including 124 professional chapters and 56 student chapters, supporting local engagement and leadership development.
3. Significant international chapter growth, including the AMPP Gujarat Student Chapter in India, which recently surpassed 550 members.
4. Member-driven conferences and technical events, including the AMPP Annual Conference + Expo, where thousands of professionals convene annually to share expertise, advance standards, and shape the future of the industry.
5. Expanded advocacy and technical engagement in critical sectors, including maritime and defence, where AMPP members are helping address workforce needs, asset protection challenges, and evolving industry standards.
6. The launch of the AMPP Knowledge Hub, providing members with access to more than 80 years of trusted technical content—much of it created, reviewed, and maintained by AMPP members

Ongoing expansion of training, certification, and professional development programmes supporting workforce development across multiple industries.

AMPP continues to unite professionals from around the world under a single organisation dedicated to protecting assets, advancing performance, and supporting the people who make that work possible.

For more information visit www.ampp.org

The Beaumont New Ammonia facility, located in southeast Texas, has produced its first ammonia following the completion of systems testing, representing the first phase of operations commissioning of the facility. Commercial production of ammonia from BNA is expected to begin following handover to Woodside Energy (“Woodside”) from OCI Global in early 2026. Production of lower-carbon ammonia is targeted to start in the second half of 2026.

Strong Customer Demand

Demand for lower-carbon ammonia continues to develop globally, with strong interest from customers in Europe and Asia as they pursue energy security and decarbonisation objectives. Woodside has also finalised agreements with leading global customers to supply significant volumes of conventional ammonia from the BNA facility.

Deliveries will commence in 2026 and continue through year-end, under contracts that reflect prevailing market prices. Additional agreements are being advanced to align with expected BNA output, including for lower-carbon ammonia.

Commissioning Progress

Kellyanne Lochan, Woodside vice president of Beaumont New Ammonia, said: “We are pleased with the results of the commissioning and systems testing completed to date. These outcomes confirm the facility’s production readiness and our ability to move toward commercial start-up following handover. This milestone also reflects the disciplined work of both the OCI and Woodside teams.”

In the lead-up to handover, the project will continue with additional verification, performance testing and operational preparedness activities. OCI and Woodside remain focused on ensuring the facility safely and efficiently enters full operations, in line with regulatory and contractual requirements.

Strategic Capacity

BNA has a production capacity of 1.1 million tonnes per annum and is designed to support growing demand for ammonia, lower-carbon ammonia and hydrogen-adjacent products. Once operational, BNA has the potential to approximately double U.S. ammonia exports, contributing to regional economic growth and supporting American energy leadership.

For more information visit www.woodside.com 

Pattern Energy Group, a leader in clean energy and transmission infrastructure, and Cordelio Power have announced a definitive agreement under which Pattern Energy will acquire Cordelio Power, an independent power producer operating in Canada and the United States. The acquisition will expand one of the largest independent clean energy infrastructure platforms in North America.

The transaction marks a significant step in Pattern Energy’s growth strategy as it seeks to meet rapidly increasing energy demand across the continent. According to Pattern Energy CEO Hunter Armistead, the acquisition represents a new chapter for the company, strengthening its ability to deliver long-term, affordable and dependable energy infrastructure. He noted that Cordelio brings a complementary portfolio of high-quality assets in attractive markets, supported by an experienced team, and that the transaction will enhance Pattern Energy’s presence and product offerings in both the United States and Canada.

As part of the agreement, Pattern Energy will acquire a 1,550-megawatt portfolio of operating and in-construction assets from Cordelio, comprising 16 wind, solar and storage projects across Canada and the United States. Pattern Energy will also acquire the majority of Cordelio’s wind and storage development projects in key target markets in the United States, along with Cordelio’s team.

Cordelio Power CEO Chris Hind said the two companies share a commitment to responsible development and to the communities in which they operate. He added that joining Pattern Energy will enable the combined organisation to deliver high-quality projects with expanded product offerings to customers across a broader range of markets.

Together, Pattern Energy and Cordelio Power will bring increased scale and operational depth, which are seen as essential for delivering complex clean energy projects reliably and efficiently in the current market environment.

Bill Rogers, MD and head of sustainable energies at Canada Pension Plan Investment Board (CPP Investments), described the acquisition as a logical next step in strengthening a leading clean energy business. He said the combination of complementary teams and portfolios positions the company to compete more effectively, accelerate growth, and meet growing energy demand across North America, while continuing to generate long-term value for the CPP Fund.

Evercore Group L.L.C. acted as exclusive financial advisor to Pattern Energy, with Skadden, Arps, Slate, Meagher & Flom LLP and Osler, Hoskin & Harcourt LLP serving as legal counsel. JPMorgan acted as financial advisor to Cordelio Power.

The transaction is expected to close in the first quarter of 2026, subject to customary regulatory approvals. Cordelio Power is wholly owned by CPP Investments, which is also the majority shareholder of Pattern Energy. Upon closing, this share-based transaction will increase CPP Investments’ ownership stake in Pattern Energy.

For more information visit www.patternenergy.com

Energy Transfer LP has announced its outlook for capital investment and earnings estimates for full-year 2026.

Growth Capital Expenditures

In 2026, Energy Transfer expects to invest $5.0 billion to $5.5 billion in growth capital, primarily on projects enhancing its natural gas network.

Energy Transfer is uniquely positioned to capture numerous opportunities in the current market given its nationwide natural gas gathering and transportation franchise and strong financial position. The strategic expansions are supported by long-term commitments with targeted returns in the mid-teens (sub-6.0x EBITDA build multiples). Energy Transfer’s growth capital excludes affiliates Sunoco LP and USA Compression Partners, LP.

Disciplined Growth Strategy

Energy Transfer remains focused on disciplined growth and expects to maintain its leverage target, as calculated by all three primary rating agencies, of 4.0 to 4.5 times EBITDA during this period of meaningful investment opportunities. Given the range of potential projects, the Partnership remains focused on disciplined growth, allocating capital to projects that are expected to generate the highest returns while balancing project risks.

Earnings Outlook

Energy Transfer expects continued growth in 2026 and to generate between $17.3 billion and $17.7 billion of consolidated Adjusted EBITDA, which includes SUN and USAC. Significant new projects are expected to ramp up and/or come on-line in 2026 including the Nederland Flexport NGL expansion, Mustang Draw I and Mustang Draw II processing plants in the Permian Basin, Hugh Brinson Pipeline Phase I, NGL projects on the Lone Star Express and Gateway Pipelines, and natural gas pipeline projects serving data centre facilities in Texas.

Cash Distribution Strategy

Over the past three years, Energy Transfer has returned more than 50 percent of its annual cash flow each year to its unitholders through cash distributions. The Partnership expects to continue to target a long-term annual distribution growth rate of 3 to 5 percent. Cash distributions are supported by a growing asset base with exceptional product and geographic diversity with balanced earnings contributions from its nationwide network of natural gas, NGL and crude oil assets.

For more information visit www.energytransfer.com

CB&I has announced that it has entered into a definitive agreement to acquire Petrofac’s Asset Solutions business, a leading provider of operations, maintenance, and decommissioning services for onshore and offshore energy assets. The transaction strengthens CB&I’s portfolio by adding a complementary reimbursable contracting model that delivers more predictable cash flow while enhancing the company’s service capabilities. The acquisition also supports CB&I’s strategy to diversify into integrated services, deepen customer relationships, and expand its presence in international markets.

“Asset Solutions’ leadership has demonstrated a strong commitment to operational excellence, customer service, and resilience in challenging conditions,” said Mark Butts, president and chief executive officer of CB&I. “Our companies share aligned management philosophies and industry-leading safety performance. This combination provides cultural alignment, diversification benefits, and clear opportunities to enhance performance while generating stable cash flow, supporting CB&I’s long-term growth objectives.”

The acquisition will diversify CB&I’s revenue streams through a reimbursable contracting model that reduces exposure to market cyclicality and broadens the company’s offerings beyond its traditional lump-sum EPC portfolio.

John Pearson, chief operating officer of Petrofac Asset Solutions, said the transaction positions the business for continued success. “This opportunity allows us to focus on our core strengths, reinforce critical customer relationships, stabilise our supply base, and deliver operational excellence for both current and future projects. Our operational and engineering expertise enables high-value growth opportunities, and our cultural compatibility with CB&I supports a smooth integration.”

Following completion of the transaction, CB&I will operate through two global business units: CB&I Asset Solutions, headquartered in Aberdeen, Scotland, and CB&I Storage Solutions, based in The Woodlands, Texas. Each unit will retain delivery accountability while leveraging CB&I’s corporate functions for strategic alignment, business support, and special initiatives.

James Bennett, senior managing director at Teneo and Joint Administrator of Petrofac Limited, said the transaction represents a positive outcome for the business. “After a rigorous process to identify the best future for Petrofac’s Asset Solutions business, this agreement secures the continuity of operations and preserves the roles of many highly skilled employees. Asset Solutions has a strong future within CB&I, supported by operational alignment and a complementary geographic footprint.”

Completion of the transaction remains subject to customary closing conditions, including approval from certain secured and unsecured creditors of the Asset Solutions business, which is expected by the end of January 2026.

Approximately 3,000 Petrofac employees are expected to join CB&I upon closing, which is anticipated to occur in the first quarter of 2026.

For more information visit www.cbi.com

International engineering consultancy Penspen has announced the launch of THEIA Pockets™, a powerful new coding capability within its digital pipeline integrity management platform, THEIA, designed to help integrity teams build and use custom analytics more easily.

THEIA Pockets™ gives integrity engineers and developers a secure space to create, run and visualise their own analysis scripts – called “Pockets” – directly inside THEIA’s existing secure, traceable digital environment. That means teams can apply the calculations and methods that fit their specific assets and integrity challenges, while keeping data, results and decision-making in one governed platform.

Image:Louise O’Sullivan, managing director, THEIA

In many organisations, integrity data and engineering calculations still sit across spreadsheets, personal drives and disconnected tools – making them hard to find, hard to repeat and difficult to scale across teams. THEIA Pockets™ brings those calculations and datasets together so engineering teams can collaborate, standardise methods and move faster.

Louise O’Sullivan, managing director, THEIA, said: “Across our industry, standards, methodologies and data are everywhere, yet the integrity information and engineering code engineers rely on is often scattered, ungoverned and difficult to scale. Even as more teams adopt digital tools and write their own Python scripts, those codes and data sets too often sit in isolation – making it harder to collaborate, optimise and innovate.

“There’s a new generation of integrity engineers who don’t want to work in spreadsheets – they’re code-savvy, and many are already proficient in Python and artificial intelligence by the time they’ve graduated. THEIA Pockets™ gives them a secure, governed place to build, run and share their own calculations, so engineers and developers can experiment and innovate with confidence inside one digital platform.
“Until now, they haven’t had a reliable way to do that at scale, and that’s what THEIA Pockets™ delivers. Our vision is an ‘app store’ for engineering analytics.”

THEIA Pockets™ is designed to support collaboration across engineering and development teams – and across industry – by making it easy to create, share and standardise analytical methods across assets, regions and disciplines. Every Pocket runs on THEIA’s ISO 27001:2022-accredited data engine, helping ensure outputs are consistent, traceable and ready to support operational decisions.

“For years, clients have asked us: ‘We love THEIA’s analysis – can we adapt it to the calculations we use?’ With THEIA Pockets™, engineers have more control over how they use their data, so they can get exactly what they need to support integrity planning,” O’Sullivan explained.

“The value of THEIA has always been consolidating myriad data and platforms into one secure environment that allows engineers to visualise their data in whatever format they wish to drive decision making. With THEIA Pockets™, there’s now no limitation on the analyses they can run – it can be completely tailored to their operations, whilst still retaining the flexibility and advanced visualisation THEIA offers.”

For more information visit www.penspen.com

Scully Signal Company recently obtained approval for the Mobile Truck Tester (MTT) to be used in Hazardous Environments—a feature required when used in loading lanes of petroleum terminals, and in many global regions. The accompanying user-friendly app received upgrades as well, with new functionality including test report generation, backup and restore capability, and global real-time clock adjustments among several other enhancements.

The MTT provides an intuitive, single-operator solution for troubleshooting and validating tank truck overfill, grounding, and vehicle identification systems prior to loading.

Some key capabilities of Scully’s Mobile Truck Tester include:

• Comprehensive testing for overfi­ll, ground verifi­cation, and truck identi­fication systems.
• Versatility making it ideal for tank truck carriers, independent repair shops, and terminal managers.
• Single person operation allows users the ability to conduct wet tests solo with a phone or tablet.
• Truck ID is easily accessible available on the tester or the app.
• Single sensor or sensor holder testing through the socket adapter and wire harness.

When paired with the app, the MTT offers added automation to streamline troubleshooting, documentation, and maintenance. Key app capabilities include:

• Test Report Results: A simple table of single or aggregated test results that can be shared.
• Archive Test Results: Store test logs per truck ID, customer, or work order for historical reference.
• Advance Fault Notifications: Detailed failure modes are listed during wet test, allowing for quick repairs.
• User-Friendly Digital Application: The first-of-its-kind application in the industry is intuitive, easy to use, and supported on IOS and Android devices.

“The Mobile Truck Tester has been widely adopted by repair shops and fleet technicians because it is simple, ergonomic, and built for true single-person operation,” says Dani Alkalay, Director of Product Marketing at Scully. “Achieving hazardous area approval opens new opportunities for use at petroleum terminals and other global facilities requiring these safety standards.”

The MTT Kit expands Scully’s portfolio of overfill prevention and safety technologies and continues the company’s 90-year legacy of engineering innovation.

To learn more visit www.scully.com

Continental Resources has announced it has signed an Assets Sale and Purchase Agreement with Pan American Energy to acquire certain non-operating interests in four blocks located within the Vaca Muerta shale play in Argentina’s Neuquén Basin.

Proven Track Record in Unconventional Development

For decades, Continental has been a pioneer in unconventional resource development across the United States. With daily production reaching 500,000 BOEPD in 2025, nearly 3 billion barrels equivalent of captured resources and more than 5,200 operated wells, the company’s track record is defined by technological innovation, operational discipline and financial stewardship. That legacy positions Continental well as it evaluates global opportunities, including Argentina’s Vaca Muerta—a world-class shale resource that aligns exceptionally well with Continental’s technical strengths and history of innovation.

In November, Continental signed a Sale and Purchase Agreement with another Argentine producer, subject to closing conditions, to acquire operated interests in the Los Toldos II Oeste block. Continental now expands its presence in Argentina with this transaction.

Strategic Partnership Approach

Doug Lawler, president & CEO of Continental Resources, said: “Vaca Muerta is one of the most compelling shale plays in the world, and we’re thrilled to continue to invest in Argentina and build Continental’s position through this agreement with Pan American Energy. PAE is a highly capable operator with deep basin experience. We’re eager to learn from PAE and share Continental’s unconventional expertise to advance the Vaca Muerta.”

Continental’s non-operating position with PAE will allow for shared insights across subsurface characterisation, development planning, completion design evolution, operating practices, infrastructure and market pathways.

Marcos Bulgheroni, CEO of Pan American Energy, said: “This strategic relationship with one of the leading independent oil and gas companies in the United States aims to accelerate the development of the four areas in both provinces. As a non-operating owner, Continental will contribute its know-how in de-risking, development and operational efficiency, with the goal of unlocking the enormous unconventional resources our country possesses.”

Building Long-Term Value

This milestone agreement represents a meaningful step forward as Continental continues building momentum in Vaca Muerta through a balanced approach that combines non-operated participation and operated development.

Lawler added: “These recent transactions in Argentina strengthen Continental’s long-term value strategy: participating in world-class resources here and abroad, accelerating basin learning through ongoing development exposure, and applying that knowledge to drive robust results over time. We take a long-term view of resource development, regardless of geography. As I like to say, ‘The rock doesn’t know what country it’s in.'”

For more information visit www.clr.com

Gen2 Energy has received confirmation of a total capacity reservation of 195 MW for its project at Nesbruket in Vefsn municipality.

Of the total capacity, 87 MW has been allocated in the existing power grid. The remaining capacity is subject to planned grid development in the Helgeland region, in which Statnett plays a key role.

Conceptual 3D illustration of a planned liquid hydrogen production facility at Nesbruket in Mosjøen, Norway. Source: Gen2 Energy

First Phase Secured

With this confirmation, the company has secured capacity for the first phase of the project. The facility will be able to produce up to 30 tonnes of liquefied green hydrogen per day. Green hydrogen is a zero-emission fuel that can be used in the maritime sector and other applications, contributing to significant reductions in CO₂ emissions. Over time, production will be scaled up to the full capacity of 195 MW.

Lena Halvari, CEO of Gen2 Energy, said: “This is an important milestone for Gen2 Energy and for the Mosjøen project. We have worked in a focused and systematic manner over time to reach this point, and the capacity reservation provides the predictability we need to move the project forward towards a final investment decision and construction start. The project and the facility will contribute to emission reductions and local value creation, both during construction and once the plant is in operation.”

Maritime Sector Transition

Halvari emphasised that green hydrogen will play a key role in the transition of the maritime sector: “To succeed in reducing emissions in the maritime sector, green hydrogen must be made available at scale. The capacity reservation at Nesbruket is an important step in that direction.”

Significant work has already been carried out in the development of the Nesbruket site. The overall project will be developed and built in phases and is expected to generate increased activity, new jobs and further industrial development in the region.

About Gen2 Energy

Gen2 Energy is a project development company with four locations along the Norwegian coast. The company has a total portfolio of 995 MW and is working to establish a complete hydrogen value chain, primarily targeting the maritime sector. Realisation of the company’s projects can enable a substantial contribution to emission reductions in Norwegian shipping and support Norway’s and the EU’s climate targets.

Gen2 Energy expressed its sincere thanks to Mosjøen og Omegn Næringsselskap (MON) and Vefsn municipality for their strong and constructive collaboration. The company looks forward to continued development together with all involved parties, and to working even more closely with Linea and Helgeland Kraft towards realisation of the project.

For more information visit www.gen2energy.com

Gas network operator Open Grid Europe GmbH and HES Wilhelmshaven Tank Terminal GmbH have signed an agreement for an option to connect to the hydrogen network of the Wilhelmshaven Coastal Line. With this step, HES Wilhelmshaven Terminal GmbH is enabling the import of hydrogen and hydrogen derivatives, playing an important role in Germany’s energy transition, while also providing the WKL with the option to connect to multiple companies in the region.

German Hydrogen Backbone Infrastructure

The WKL is part of the German hydrogen backbone. OGE received the mandate from the Federal Network Agency and the German government in October 2024 to construct main sections of the hydrogen backbone. This network will connect import facilities in northern Germany with consumers of hydrogen. The WKL and the North Sea-Ruhr Link form the central pipelines for transporting hydrogen from the north to the west of Germany. Construction of these pipelines is scheduled to start in 2026, with commissioning planned for end of 2027.

Coen Janssen, managing director of HES Wilhelmshaven Tank Terminal, stated: “HES Wilhelmshaven is transitioning into a New Energies Hub. Enabling hydrogen delivery into Germany is a key part of our strategy and therefore we are pleased to have secured the option to connect to the WKL network.”

Strategic New Energies Hub

By signing the agreement, HES International is investing in its role as Germany’s new energies hub, which includes importing hydrogen and hydrogen carriers, exporting CO₂ as part of the CCS value chain from hard-to-abate sectors, electrification and the production of e-fuels such as e-SAF.

For more information visit www.hesinternational.eu