Gpi Group has successfully acquired the assets of Schwarte Processing, rebranding the company as Gpi Schwarte. This new entity combines Schwarte’s renowned expertise in hygienic tank construction with the international strength and ambition of the Gpi Group.

Olaf J. Müller, CEO of HF FoodTech Group, expressed optimism about the transaction, stating, “This transaction places our team in capable hands. Gpi Group is the best owner and provides a strong foundation for future success.”

In the upcoming months, Gpi Group plans to reopen the production facility located in Olsztyn, Poland. The site is currently undergoing upgrades to prepare for full operation, which includes the reinstallation of original machinery and a complete refresh of the location to support a new phase of growth.

The revitalisation of the Olsztyn facility symbolises the fresh start Gpi Schwarte is embarking on, emphasising renewed energy and a clear focus on the future. Once operational, the facility will consolidate engineering, production, and all other personnel at a single location, facilitating seamless collaboration and efficient project execution.

The existing Schwarte team in Olsztyn will remain in place, as their craftsmanship and technical expertise are deemed essential to the future of Gpi Schwarte. Steven Sijperda, CEO of Gpi Group, acknowledged this by stating, “We hold respect for the craftsmanship and deep industry knowledge within the Schwarte team. This is a strategic step that adds invaluable expertise to our portfolio. Schwarte’s capabilities are a perfect complement to our ambition to be a dominant player in the most demanding segments, including aseptic applications, high-end dairy, and pharmaceuticals. Together as Gpi Schwarte, we will build this future from Olsztyn.”

Customers can continue to rely on the trusted quality of Schwarte, now enhanced by the broader capabilities and long-term stability of the Gpi Group. Gpi Schwarte aims to preserve a proud tradition of craftsmanship and dedication while unlocking new growth opportunities in both established and emerging markets. This integration marks the beginning of a forward-looking partnership grounded in shared values, technical expertise, and a clear vision for the future.

For more information visit www.gpi-group.com

This month marks the one-year anniversary since VTTI completed its acquisition of a 50 percent equity stake in Dragon LNG, an onshore LNG import terminal strategically located in Milford Haven, Wales, UK.

Dragon LNG’s regasification terminal is one of three LNG terminals in the UK, featuring facilities for LNG receiving, storage, reliquefication, regasification, and send-out. The terminal has the capacity to deliver up to 9 billion cubic metres of gas annually to the UK national transmission system.

Guy Moeyens, CEO of VTTI, stated, “One year on, we are proud of the progress we have made together with Shell and Dragon LNG. This joint venture plays an important role in VTTI’s commitment to supporting secure, reliable energy while contributing to the broader energy transition. With our deep expertise in energy infrastructure, strong collaboration with the Dragon LNG team, and the valued participation of Shell as the other shareholder, we are excited to continue operating safely and reliably and to support a more sustainable future for the terminal and the community it serves.”

Simon Ames, managing director of Dragon LNG and Dragon Energy, added, “Since VTTI joined as our new shareholder, we have received strong support during an important period for Dragon LNG. This collaboration has helped us advance key priorities, including preparations for future capacity auctions and our wind park development. I look forward to a strong future with both Shell and VTTI as we continue to contribute to the UK’s energy transition, support our local community, and drive economic growth in West Wales.”

For more information visit www.vtti.com

Chane has successfully closed a landmark refinancing transaction totalling €1.3 billion, marking a significant milestone in the company’s long-term growth strategy. This refinancing enhances Chane’s financial foundation and positions the company for its next development phase. The transaction received robust support from both banks and institutional investors, resulting in an oversubscription of approximately 2x. Such demand indicates strong investor confidence in Chane’s solid fundamentals and unique credit profile.

The refinancing also includes several notable milestones for Chane, such as:

– The first issuance of investment-grade rated US Private Placement (USPP) notes
– The first issuance of USD-denominated debt
– The first issuance of 15-year tenor debt

This transaction represents a pivotal moment in Chane’s journey, with strong demand from both banking and institutional investors highlighting the market’s confidence in the company’s financial strength and distinct profile. With this solid platform, Chane is well-positioned to pursue its growth ambitions within the European liquid bulk storage market and expand its international presence in the coming years, setting a course for sustainable growth and long-term success, as noted by CFO Minoes Redert.

Chane received support from a strong group of advisers during the transaction, including DC Advisory as the sole financial advisor, NAB as the lead USPP agent, and legal counsel from Milbank (for the borrower) and Latham & Watkins (for the lenders).

For more information visit www.chane.eu

Governor Greg Abbott has announced that Brazos Midland Processing, LLC in Martin County has been designated as a qualified project under the Texas Jobs, Energy, Technology, and Innovation (JETI) programme. Brazos Midstream is set to establish a new natural gas processing plant with a capacity of 300 million cubic feet per day (MMcf/d), representing a capital investment of $185 million.

“Texas energy fuels America’s greatness,” stated Governor Abbott. “Investment in natural gas processing is crucial to meeting the growing energy demands. Brazos Midstream’s $185 million expansion in Martin County will more than double their natural gas processing capacity in the Midland Basin. By collaborating with innovative industry leaders, we will continue to drive growth across essential sectors, contributing to a stronger and more prosperous Texas.”

Located within the Midland Basin—a segment of the larger Permian Basin—Brazos Midstream possesses a substantial natural gas gathering and processing network. The Permian Basin currently accounts for 25 percent of natural gas production in the contiguous United States.

“Brazos Midstream is thrilled to move forward with the construction of our new Sundance II facility, a 300 MMcf/d cryogenic gas processing facility in Martin County,” said Brad Iles, CEO of Brazos Midstream. “Once operational, this facility will boost our total processing capacity in the Midland Basin to 500 MMcf/d. This investment is vital for providing essential gas infrastructure and reliable takeaway capacity for energy producers, advancing our collective goal of achieving energy dominance in the nation. We appreciate the support from Governor Abbott, as well as the Stanton ISD Board of Trustees, Superintendent Jan McCown, and their dedicated teams, for their backing of this project. With assistance from the state through incentive programmes like JETI, Brazos Midstream aims to further capitalise on its extensive energy infrastructure by constructing gas processing facilities in Texas, which will facilitate job creation and economic growth.”

“Martin County and the Permian Basin are the backbone of America’s energy supply,” remarked Senator Kevin Sparks. “This new investment from Brazos Midstream strengthens our region’s role in powering the nation while creating new job opportunities and economic growth locally. I proudly support initiatives that ensure Texas remains at the forefront of responsible energy production, paving the way for a brighter future for our communities.”

“The Permian Basin continues to showcase its status as the energy capital of the world,” said representative Tom Craddick. “Brazos Midstream’s expansion in Martin County will generate new jobs, bolster our local economy, and ensure that Texas remains a leader in energy production for years to come. I take pride in this investment in House District 82, where innovation and hard work continue to drive Texas’ future.”

For more information visit www.brazosmidstream.com

Effective monitoring of critical infrastructure is essential across the power generation, oil, gas, and petrochemical industries, where smooth operation is crucial in today’s competitive and cost-sensitive energy landscape. Condition monitoring specialist Sensonics has established itself as a leader in developing effective monitoring systems, drawing on over 50 years of experience, particularly in vibration monitoring products. A notable example of their expertise is a recent cooling tower monitoring project at a major petrochemicals plant.

The project engineer at the facility indicated the need for a reliable system to monitor and protect cooling tower fans, specifically to prevent failures related to the fan blades. The requirement involved individual monitoring systems for each of the twenty motor and gearbox-driven fans located around the cooling tower’s base.

The project engineer detailed the application requirements, stating, “The fan speed is 131 RPM / 2.18 Hz, and we want to mount a single transducer on the gearbox (each fan is mounted on the gearbox output shaft) to address the potential failure of the fan blades. Previous failures resulted in severe vibrations that damaged the concrete platform supporting the fan assembly and affected adjacent fans due to flying debris.” Additionally, it was noted that the fans operate in a very wet and windy environment, drawing moist air out of the cooling tower packing and blowing it across the gearbox and motor.

Based on these specific challenges, it was determined that a suitably ranged 4-20 mA vibration transducer should be installed and connected to a nearby unit equipped with start/stop buttons for the fans, enabling quick shutdown in the event of excessive vibration. Furthermore, overall vibration levels needed to be relayed to the main plant Distributed Control System. The application required that the transducers respond to frequencies below 2 Hz, eliminating the need for local displays or additional diagnostics. The objective was to create a straightforward system capable of reliably tripping the fan in case of a malfunction while providing overall vibration level information to the DCS.

Upon confirming the specific requirements for this vibration monitoring application, Sensonics proposed a solution that included their DN26 G3 dual-channel protection system and VEL/GLF low-frequency velocity transducers. Well-established in the condition monitoring market, Sensonics has delivered thousands of compact and innovative DIN rail-mountable DN26 G3 dual-channel vibration monitors, providing reliable and cost-effective monitoring across various installations. This fully programmable signal conditioning unit can monitor two channels of absolute vibration, shaft vibration, or shaft position, with an additional channel option for measuring speed or serving as a phase reference.

To complete the solution, the VEL/GLF low-frequency velocity transducer turned out to be well-suited for the large fans operating at low RPM. This electrodynamic sensor offers superior performance compared to piezoelectric devices by combining high sensitivity with a frequency response down to 0.5 Hz. Its sensitivity and excellent noise performance provide the dynamic range necessary for detailed gearbox vibration analysis, making it ideal for measuring velocity vibration on equipment operating at speeds as low as 30 RPM. The VEL/GLF also presents advantages over traditional piezoelectric sensors, which can be prone to various interferences that result in false readings and alarms in low-frequency applications.

Thanks to its robust design, the VEL/GLF boasts high noise immunity, attributed to the low impedance electrodynamic nature of the sensor assembly. Additionally, the sensor design effectively filters high-frequency events and eliminates the need for electronic integration, rendering it immune to saturation issues that can affect the reliability of other piezoelectric devices.

For more information visit www.sensonics.co.uk

Korea’s newly introduced 12th Basic Plan establishes ambitious targets for renewable energy, with enhanced government oversight and bipartisan support indicating a strong commitment to the energy transition. This policy direction aligns well with Prostar’s investment strategy, particularly through its portfolio company, Kyungnam Energy (KNE), which currently serves nearly a million customers, including some of Korea’s leading industrial players.

As the deployment of solar energy in industrial complexes becomes a national priority, KNE is well-positioned to expand its platform and seize scalable, long-term opportunities amid Korea’s accelerated transition to renewable energy. These developments highlight Prostar’s approach of investing in essential energy infrastructure across Korea, aimed at fostering both economic growth and decarbonisation efforts.

For more information visit www.prostarcapital.com

Sempra Infrastructure, a subsidiary of Sempra, and EQT Corporation have announced a 20-year definitive sales and purchase agreement for the supply of 2 million tonnes per annum of liquefied natural gas from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. Under the terms of the SPA, EQT will acquire the LNG on a free-on-board basis at a price indexed to Henry Hub.

“Advancing the Port Arthur LNG Phase 2 project with EQT underscores our shared commitment to ensuring that US natural gas projects support local economic development while providing global markets with a stable, long-term supply of LNG,” said Justin Bird, CEO of Sempra Infrastructure. He added that this project could bolster America’s position as a leading energy exporter, aligning with the objectives of both EQT and Sempra Infrastructure.

Toby Z. Rice, president and CEO of EQT, highlighted that the agreement emphasises EQT’s role in promoting US LNG as a means to enhance global energy security and advance lower-carbon solutions. “We are proud to partner with Sempra Infrastructure on this vital project, furthering the pursuit of American energy dominance,” he stated.

The Port Arthur LNG Phase 2 development project is strategically located to help meet global energy demand and has garnered significant interest from potential LNG buyers. In July 2025, Sempra Infrastructure signed a definitive 20-year SPA with JERA Co., Inc. for 1.5 Mtpa of LNG offtake. Earlier this month, the company expanded its strategic alliance with ConocoPhillips through a 20-year SPA for 4 Mtpa of LNG offtake from the proposed project. Future phases of development are also underway.

In September 2023, the Federal Energy Regulatory Commission granted approval for the project, followed by an export authorisation from the US Department of Energy in May 2025, allowing LNG exports to countries without a free-trade agreement with the United States. All major permits for the Port Arthur LNG Phase 2 development project have been secured.

Sempra Infrastructure has also announced that Bechtel has been chosen to handle the engineering, procurement, and construction of the Port Arthur LNG Phase 2 facility. As the project continues to gain momentum, Sempra Infrastructure aims to make a final investment decision on the Port Arthur LNG Phase 2 project in 2025.

Port Arthur LNG Phase 2 is anticipated to feature two liquefaction trains with a combined production capacity of approximately 13 Mtpa of LNG, potentially increasing the total liquefaction capacity of the Port Arthur LNG facility from around 13 Mtpa for Phase 1 to approximately 26 Mtpa. Port Arthur LNG Phase 1 is currently under construction and is expected to commence commercial operations in 2027 and 2028 for trains 1 and 2, respectively.

The development of the Port Arthur LNG Phase 2 project is subject to various risks and uncertainties, including the completion of required commercial agreements, securing and maintaining necessary permits, obtaining financing, and reaching a final investment decision, among other factors.

For more information visit www.semprainfrastructure.com

VTTI and Höegh Evi have successfully completed the first phase of the permit procedure for the Zeeland Energy Terminal (ZET) with the publication of the response bundle, representing a significant advancement for energy supply in the Netherlands. This publication marks the conclusion of the initial phase, which involved the response period for the Notification of Intent and the proposed participation approach put forth by the Ministry of Climate and Green Growth (KGG). A total of 18 responses were submitted concerning the plan. The replies to these responses will be shared alongside the draft Scope and Level of Detail Memorandum, signaling the start of the next phase of the permitting process.

The Zeeland Energy Terminal is proposed to be situated either in Sloe Port in Vlissingen or Braakman Port in Terneuzen, operating with a Floating Storage and Regasification Unit (FSRU). By establishing a direct connection to the national gas grid, ZET aims to enhance import capacity for liquefied natural gas (LNG), thereby bolstering the security and affordability of energy in the Netherlands. This project, deemed strategically important by the Dutch government, is now in progress and is expected to yield significant benefits for the local economy in Zeeland.

The response bundle is accessible on the website of the Dutch Ministry of Climate and Green Growth/RVO. Additional details about the project can be found on the project page of the initiators, VTTI and Höegh Evi. The initiators are open to questions and feedback via email at zeelandenergyterminal@vtti.com. The terminal is anticipated to become operational in 2028/2029, contributing to a reliable, future-proof, and affordable energy supply.

Communication regarding an “open season,” during which interested market parties can engage, is anticipated in early 2026.

For more information visit www.vtti.com

Exolum has secured a contract for the construction, operation, connection, and maintenance of a new fuel storage and distribution terminal at Düsseldorf Airport in Germany. The company plans to invest nearly €70 million in this project, with construction expected to commence in the third quarter of 2026. The contract was formalised at the offices of Flughafen Düsseldorf GmbH (FDG), the airport’s public operator.

This new facility will replace the existing two storage plants and increase capacity to 9,000 m³, representing a 41 percent increase over current levels. This expansion aims to enhance the security of supply and promote the use of sustainable aviation fuels (SAF) and sulphur-free kerosene. Exolum will manage the terminal for a period of 20 years, with the option to extend to 25 years, after which ownership of the infrastructure will transfer to FDG.

Operations at the plant are set to begin in the second quarter of 2028. Upon completion, it will be connected to the railway network, allowing for the majority of fuel to be transported by train rather than road from late 2029. This shift aims to minimise environmental impact and enable sourcing from more distant refineries, including SAF production facilities in Rotterdam. Such changes are projected to reduce CO₂ emissions, alleviate pressure on road networks, and increase efficiency in supply, loading, and unloading operations.

Javier Goñi, CEO of Exolum, expressed the company’s commitment to fostering growth in Germany by ensuring a reliable and efficient fuel supply for Düsseldorf Airport. He highlighted Exolum’s extensive experience in managing terminals at numerous airports across Europe and the Americas, which will benefit Düsseldorf and its users. The new terminal is expected to facilitate compliance with the European ReFuelEU directive, which mandates that SAF must account for 6 percent of total fuel usage by 2030.

Lars Redeligx, CEO of Düsseldorf Airport, emphasised the airport’s ambition to rank among the top airports in Europe regarding quality, efficiency, and sustainability. He noted the importance of partnering with innovative companies like Exolum to achieve these goals. The new facility will provide access to sustainable fuels from novel sources and significantly reduce the number of tanker trucks currently delivering fuel by road, shifting that transport to rail.

Düsseldorf Airport, serving over 20 million passengers annually, is the primary airport in the Rhine-Ruhr metropolitan region, which encompasses cities such as Cologne, Bonn, and Dortmund. This area is the most populous in Germany, with approximately 10 million residents, and is a major economic and financial hub in Central Europe.

Exolum is recognised as the world’s leading independent aviation logistics company and Europe’s foremost provider of storage and distribution infrastructure management for bulk liquids and gases. The company operates in 49 airports across Europe and Latin America, including major hubs like Paris-Charles de Gaulle and Madrid-Barajas. In the UK, Exolum provides logistics services to key airports such as Heathrow and Gatwick.

The company’s comprehensive solutions encompass hydrant networks, aircraft into-plane services, and specialised operations, ensuring efficiency, safety, and sustainability throughout the aviation supply chain. Exolum is also a strategic partner of IATA, a member of the Joint Inspection Group (JIG), chairs the Energy Institute’s aviation committee, and is affiliated with ACI and ALTA, underscoring its commitment to high-quality standards and the transition to sustainable aviation fuels.

Düsseldorf Airport, North Rhine-Westphalia’s largest airport, plays a crucial role in fulfilling the mobility needs of citizens and businesses in the region as well as parts of the Netherlands and Belgium. By 2024, it is anticipated to handle 20 million passengers.

In the summer, over 60 airlines operate flights from the airport to more than 165 destinations worldwide, providing direct connections to nearly all European cities and offering a diverse range of routes through major international hubs. The airport’s vision, termed ‘Destination of Excellence,’ includes planned investments of one billion euros over the next 20 years to promote the sustainable transformation of air transport and enhance the region’s livability and economic vitality. As the largest employer in Düsseldorf, with around 20,000 jobs, the airport significantly contributes to local employment and is committed to achieving CO2 neutrality by 2035.

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

The first volumes of CO₂ have successfully traversed the 100-kilometre pipeline and have been injected into the Aurora reservoir, located 2,600 metres beneath the seabed of the Norwegian North Sea.

Tim Heijn, managing director of Northern Lights JV, expressed enthusiasm about this significant milestone, stating, “We have injected and stored the very first CO₂ safely in the reservoir. Our ships, facilities, and wells are now in operation.”

Throughout the remainder of 2025, Northern Lights will transport and store CO₂ from Norway, with additional volumes from Denmark and the Netherlands anticipated to be integrated in 2026. Northern Lights JV operates as a registered General Partnership with Shared Liability (DA), owned by Equinor, TotalEnergies, and Shell.

In March, Northern Lights made a final investment decision to expand its operations, which will increase its transport and storage capacity from 1.5 million tonnes of CO₂ per year to a minimum of 5 million tonnes per year. This expansion follows the signing of a commercial agreement with Stockholm Exergi and is supported by a grant from the Connecting Europe Facility for Energy (CEF Energy) funding scheme.

The expansion plan capitalises on existing infrastructure and will include the addition of onshore storage tanks, pumps, a new jetty, injection wells, and more CO₂ transport ships to facilitate an increased injection rate and volume.

Tim Heijn remarked on the progress, saying, “We are excited to continue building additional capacity following the positive investment decision for the second phase.”

For more information visit www.norlights.com

Sherwin-Williams Protective & Marine has introduced the Acrolon™ 680 single-coat topcoat, aiming to enhance the efficiency and longevity of coating applications for various industrial and marine assets. This high-performance direct-to-metal (DTM) polyurethane coating is designed to streamline processes by minimising surface preparation needs, offering quick drying times, and providing excellent one-coat coverage. Acrolon 680 meets the demands of fabricators and asset owners for speed, durability, and aesthetics with its easy-to-apply formulation that performs effectively both in manufacturing settings and on-site.

The application process of Acrolon 680 is expedited through its specific capabilities. The high-solids polyurethane can be used on minimally prepared surfaces, particularly those that have been hand tool cleaned to SSPC-SP2 standards and possess tightly adherent rust. Furthermore, Acrolon 680 can be applied in a single, high-build coat directly to metal, significantly reducing the time typically required for the installation of multi-coat acrylic or alkyd systems. This coating also allows for a quicker return-to-service compared to traditional acrylics or alkyds, and applicators can choose to apply it using spray, brush, or roller methods.

Paul Trautmann, marketing director for infrastructure at Sherwin-Williams Protective & Marine, noted that “Acrolon 680 provides simplified, yet robust, protection for surfaces not prepared with advanced methods, whether for new components, equipment, structures, or the maintenance of existing assets.” He emphasised that the coating is suitable wherever steel requires a single-coat solution and long-term protection, making it an ideal choice for enhancing production efficiency.

Acrolon 680 offers superior chemical resistance along with a tougher, more durable finish compared to conventional acrylics and alkyds. This volatile organic compound (VOC)-compliant coating features 65 percent volume solids and contains less than 340 g/L VOCs, positioning it as a high-performance option for a broad spectrum of industrial applications. It is particularly effective on tanks, piping, valves, structural steel, marine vessels, and equipment subjected to harsh chemical processing environments, ensuring reliable protection and extended performance.

This innovative technology adheres to SSPC Paint 36 standards, providing a high-gloss finish and excellent colour retention, which maintains a vibrant, professional appearance even under extreme ultraviolet exposure and weathering. Additionally, the coating is fully customisable in colour.

For more information visit www.industrial.sherwin-williams.com

Green Plains Inc. is thrilled to announce the appointment of Trent Collins as the new senior vice president of operations. With over 30 years of experience in the protein and agribusiness sectors, Collins brings a wealth of knowledge and expertise that will significantly contribute to the company’s ongoing growth and commitment to operational excellence.

Trent Collins has built a distinguished career marked by leadership in diverse operational roles. His extensive background in the industry equips him with the insights and skills necessary to navigate the complexities of agribusiness and enhance operational efficiencies. As Green Plains Inc. continues to expand its footprint, Collins will play a crucial role in driving strategies that support sustainable growth and innovation.

Collins’ leadership is expected to foster a culture of excellence within the operations team, ensuring that Green Plains Inc. remains at the forefront of the industry. His appointment signifies the company’s dedication to investing in top talent to achieve its strategic goals.

As Green Plains Inc. embarks on this new chapter, the company looks forward to the valuable contributions that Trent Collins will bring to the table, reinforcing its position as a leader in the agribusiness landscape.

For more information visit www.gpreinc.com

StreamTech Industrial has proudly announced that their Beaumont office has received notable recognition from ExxonMobil Beaumont and the ExxonMobil Polyethylene Plant through the Golden Triangle Business Roundtable (GTBR) Contractor Safety Awards. This acknowledgment highlights their unwavering commitment to safety excellence within the industry.

As part of this prestigious recognition, StreamTech was honoured with several awards:

– Owner Tribute Award
– Paramount Performance Award
– Finalist – Donald T. Boumans Award

These accolades reflect the hard work and dedication of the Beaumont team and the entire StreamTech Safety Team, who continuously prioritise safety in every aspect of their operations.

StreamTech extends their heartfelt gratitude to the GTBR for facilitating such a comprehensive and impactful programme, as well as to the auditing members who contribute their time and expertise to uphold and elevate safety standards across the industry.

At StreamTech, safety is not just a priority; it is a core value. Their daily mission revolves around protecting their employees, customers, and the communities they serve. This recognition is a testament to the diligence, culture, and commitment of their team members who strive to keep safety at the forefront of everything they do.

For more information visit www.streamtech.com

OPW, a Dover Company, has announced that it has named David Malinas as the company’s new president, effective immediately.

David brings more than 20 years of operational leadership experience to his new role. He most recently served as chief operating officer of Duravant, a global automation equipment company headquartered in Chicago. Prior to Duravant, David served as president of the Industrial Process segment at ITT, and held senior executive roles at Thermo Fisher Scientific and Danaher Corporation.

David is no stranger to Dover. He first joined the company in 2019 as senior vice president of operations, a role he held for nearly four years. During that time, he led the development and execution of Dover’s manufacturing strategy, with a strong focus on footprint optimisation, continuous improvement, supply chain efficiency, and quality enhancement. His efforts were instrumental in driving profitable growth across Dover’s operating companies.

“OPW has always represented innovation, quality, and a commitment to operational excellence,” said David Malinas, newly appointed president of OPW. “I’m thrilled to rejoin the Dover organisation and work alongside our talented OPW team, building on this strong foundation to accelerate growth, drive performance, and deliver long-term value for our customers.”

David holds a Bachelor of Science in Chemical Engineering and a Master of Science in Manufacturing Engineering from Case Western Reserve University, as well as a Master of Business Administration from Harvard Business School.

David succeeds Kevin Long, who spent 11 years with Dover, including serving as president of OPW since 2017.

For more information visit www.opwglobal.com

Capital expenses associated with inspection, repair, and maintenance are often perceived as a necessary burden; however, they can be transformed into opportunities. With the right tools and partnerships, financial leaders have the potential to turn operational upkeep into a strategic advantage, thereby protecting investments, enhancing predictability, and unlocking long-term value. The foundation for this transformation lies in achieving visibility.

In asset-heavy industries, operations are conducted under stringent scrutiny, which is justified due to the high stakes involved—structural failures, environmental risks, and unexpected downtimes. Consequently, maintenance strategies frequently focus on compliance, ensuring that necessary regulations are met. While this approach serves as a solid foundation, it can overlook broader opportunities.

Image supplied by Falcker

Savvy finance teams recognise that compliance represents the baseline rather than the pinnacle of asset management. The true opportunity lies in leveraging asset care to drive improved business outcomes. This involves not only maintaining operational functionality but also gaining insights into asset performance, identifying risks, and understanding how current repair decisions influence future returns. By digitising, automating, and standardising inspections, capital planning becomes more predictable. Teams can pinpoint where investments are needed, allocate budgets more efficiently, and mitigate costly surprises associated with unplanned failures. This proactive approach allows organisations to extend asset life and optimise every maintenance dollar spent.

This strategy not only reduces costs but also fosters trust. Investors and insurers seek evidence that asset integrity is being managed actively rather than retroactively. Utilising a platform like Falcker’s Condition Monitor provides auditable records, standardised reporting, and data-driven repair scopes—moving away from cumbersome spreadsheets that require extensive effort to manage. For finance teams, this translates into a robust narrative with fewer uncertainties during audits, refinancing, or ESG evaluations.

The focus extends beyond managing a single repair or asset; it encompasses embedding smarter asset care throughout the entire operation. With built-in support for standards such as API 653 and EEMUA 159, Condition Monitor ensures consistency across inspections, teams, terminals, and timeframes. This level of insight enables finance leaders to address more significant questions, such as the long-term ROI of asset life extension, accurate modeling of depreciation, and identifying where maintenance budgets can yield the most significant impact. Ultimately, it revolves around the financial narrative that these decisions support.

At Falcker, the belief is that asset integrity is a collective responsibility. Operations teams maintain the functionality of tanks, inspectors keep records current, and finance teams ensure these efforts are sustainable through budget alignment, risk management, and investment in long-term resilience. Falcker’s solutions are designed to facilitate this role. Condition Monitor transforms asset care into a source of insight rather than merely a line item. By centralising condition data and automating recommendations, it effectively reduces maintenance costs, extends asset life, and future-proofs inspection strategies, all while keeping financial leaders informed.

The business case for asset care should not be a difficult argument to make; it should be underpinned by data, reflect a commitment to safety and sustainability, and yield measurable outcomes for operations, stakeholders, and financial performance. While capital expenditure related to asset care may never be entirely eliminated, it can be managed more intelligently. In an unpredictable market, predictable costs, transparent data, and scalable solutions are precisely what forward-thinking finance teams seek.

Condition Monitor exemplifies how Falcker enables organisations to realise this vision. To discover how Falcker supports safer, smarter, and financially resilient operations, visit falcker.com.

The Porthos CO₂ transport and storage project has received a nomination for the #IAPH2025 Sustainability Awards in the Climate and Energy category. Submitted by the Port of Rotterdam Authority, Porthos is among just three finalists chosen by an independent jury from a diverse pool of global submissions. This recognition underscores the project’s significant impact on CO₂ reduction.

Scheduled to commence in 2026, Porthos aims to transport CO₂ from industrial sources within the port to depleted gas fields beneath the North Sea for permanent storage. This initiative is projected to decrease CO₂ emissions in the Rotterdam port area by at least 10 percent, representing a significant move toward achieving a climate-neutral future.

Voting is currently open, and every vote is crucial. Interested individuals can cast their votes until September 5th through the World Port Sustainability Programme. Voters will receive a confirmation link via email, as only confirmed votes will be counted. The winners will be announced on October 8th during the gala dinner at the IAPH World Ports Conference in Kobe, Japan.

For more information visit www.sustainableworldports.org/iaph2025-sustainability-awards/vote/

CB&I has announced that it has been awarded a significant contract by Lithium Nevada LLC, a wholly owned subsidiary of Lithium Americas Corp., to carry out the engineering, procurement, fabrication, and construction (EPFC) of 36 flat-bottom atmospheric tanks at Thacker Pass, referred to as “the Project.”

Located in Humboldt County, northern Nevada, Thacker Pass is recognised as the world’s largest known measured lithium resource and reserve. The Project is under the management of Bechtel, the engineering, procurement, and construction management (EPCM) contractor. As demand for lithium is anticipated to rise over the next decade, Thacker Pass is poised to play a crucial role in decreasing US dependence on foreign critical minerals and creating a secure domestic lithium battery supply chain.

Mark Butts, president and CEO of CB&I, expressed pride in supporting Lithium Nevada and Bechtel in the delivery of this nationally significant lithium project. “Thacker Pass will help enable a US supply of lithium and create well-paying jobs during construction and operations,” he stated. “Our team is honoured to contribute CB&I’s legacy of tank engineering and construction excellence to this important project.”

The atmospheric storage tanks that CB&I will produce for the Thacker Pass lithium mine will be used to store various process solutions, chemicals, and products involved in the multiple stages of lithium extraction from clay deposits. These tanks are designed to meet stringent environmental, seismic, and safety standards, and will be constructed using CB&I’s proprietary field construction methods and advanced fabrication capabilities.

Richard Gerspacher, executive vice president of Capital Projects at Lithium Americas, noted that CB&I’s expertise in large-scale storage infrastructure for complex industrial processes makes them a suitable partner for Thacker Pass. “CB&I’s proven track record, global expertise, and experience with industrial storage solutions make them an ideal collaborator for this critical infrastructure component supporting North America’s largest lithium mining project,” he remarked.

Dan Dawson, deputy project director at Bechtel, welcomed CB&I to the Thacker Pass team, highlighting their role among the industry-leading contractors and suppliers involved in the project. “We look forward to seeing the tanks take shape as the plant comes together,” he added.

For more information visit www.cbi.com

Paul Sullivan has over 30 years of experience in delivering energy infrastructure globally. He has played a pivotal role in leading the global LNG strategy across six centres of excellence, including London, Houston, Singapore, Vancouver, and Teesside, where he has helped customers design and implement next-generation lower-carbon LNG solutions. Currently based in Houston, he heads the Americas LNG Consulting business.

Since 2010, Sullivan has served as the strategic co-chair of the Gastech governing body, where he has facilitated connections among government, industry, and academia, guiding global discussions on the evolving role of LNG in achieving a net-zero energy mix.

Sullivan challenges conventional linear thinking in the energy sector. He notes a fundamental flaw in the structured decarbonisation approaches adopted by many energy companies. “Everyone wants a roadmap to net zero with clean timelines and predictable milestones,” he explains. “But energy transition doesn’t adhere to blueprints. My role involves partnering with customers to achieve outcomes that align with their assets, markets, and net-zero aspirations.”

He advocates for a revolution in LNG facility design, moving away from traditional large-scale, fixed layouts to a modular, smarter approach that reduces footprint, enhances safety, and accelerates delivery. This innovative design can be applied to both large-scale projects and smaller niche developments, which are becoming increasingly significant in the market. “These practical innovations transform project economics by replacing massive facilities with smaller, interconnected systems that can be phased in progressively,” he elaborates. “This approach provides customers with the flexibility to adapt as market conditions evolve.”

In alignment with this philosophy, Sullivan has challenged traditional EPC models to identify more collaborative risk allocation among project parties, aiming for successful, de-risked outcomes.

Recognising that technical innovation is only part of the equation, Sullivan emphasises the importance of knowledge sharing across Worley’s LNG hubs and the reskilling of engineers from traditional energy backgrounds. “Building the next generation of LNG engineers requires more than just curriculum,” he states. “It involves culture, connection, and purpose, as well as an understanding of the communities where we operate.” He highlights the efforts of Worley’s Global Integrated Delivery (GID) teams in India and Colombia, which are focused on developing the necessary understanding and skills to support LNG customers worldwide.

Sullivan’s pragmatic philosophy, shaped by his extensive LNG experience, emphasises execution that accommodates a range of outcomes, ensuring asset viability while advancing decarbonisation efforts. “The companies that will thrive in the energy transition will not be those with rigid five-year plans,” he asserts. “They will be those that remain adaptable to changing market conditions.”

He concludes by stating, “Linear thinking can falter because energy transformation is inherently non-linear. The future of LNG lies in agility—remaining responsive to market dynamics and committed to tangible outcomes. We’re laying the groundwork for a more sustainable energy future, one project and one customer at a time.”

For more information visit www.worley.com

VVDN Technologies, a global provider of software, product engineering, and electronics manufacturing services and solutions, has announced plans to establish a new manufacturing facility in the UAE as part of its global expansion strategy. This facility is expected to be operational within four weeks, representing a significant milestone for the company.

Strategically located, the new facility aims to serve customers across the United States, Europe, and the MENA region. It will feature state-of-the-art capabilities, including PCB assembly, automated product assembly, mechanical manufacturing, testing and validation, among other critical verticals, aligning with VVDN’s backward integration strategy.

The facility will support the manufacturing of a diverse array of advanced electronics products across sectors such as Telecom, MedTech, Automotive, Cameras, Industrial Automation, and other high-tech solutions. With its robust infrastructure and end-to-end capabilities, VVDN is positioned to provide customers with accelerated time-to-market and cost-effective solutions while upholding the highest standards of quality and compliance.

This expansion enhances VVDN’s status as a global leader in electronics design and manufacturing services, complementing its existing operations in India, North America, Europe, and Asia-Pacific.

Gourab Basu, senior vice president of manufacturing commercials at VVDN Technologies, highlighted that the new manufacturing facility in the UAE is a pivotal milestone in the company’s journey. He noted that the UAE offers an attractive manufacturing environment due to its strategic location, advanced infrastructure, and growing local market. As a gateway between the East and West, the UAE provides seamless access to diverse markets. This expansion underscores VVDN’s commitment to bringing manufacturing closer to its global clientele while addressing the rising demand for high-quality, competitively priced solutions with quick turnaround times. It is expected to serve as a primary catalyst for VVDN’s vision to expand its manufacturing setups worldwide.

By entering new geographies, VVDN reinforces its commitment to enhancing its global presence and advancing its long-term goal of becoming a leading provider of electronics design and manufacturing through innovative technology and consistent growth.

For more information visit www.vvdntech.com

DIALOG Group Berhad has announced that its 25 percent indirectly owned joint venture company, Pengerang Terminals (Two) Sdn. Bhd., signed a Terminal Usage Agreement with Pengerang Biorefinery Sdn. Bhd. on 29 July 2025. This agreement facilitates PT2SB in providing storage and handling facilities for PBSB’s feedstocks and products as part of “The Expansion Project.”

The Expansion Project will see PT2SB expand and develop a dedicated storage capacity of approximately 272,000 cubic metres for PBSB. The total investment for this expansion is around USD 330 million, which includes costs related to shared terminal facilities. The project is backed by a 25-year long-term take-or-pay TUA and will leverage the efficiencies of PT2SB’s existing capacity and infrastructure.

PT2SB operates a dedicated deep-water terminal that serves the Pengerang Integrated Complex. Its shareholders include Dialog Equity (Two) Sdn. Bhd., a subsidiary of DIALOG (25 percent); PRPC Utilities and Facilities Sdn. Bhd., a subsidiary of Petroliam Nasional Berhad (PETRONAS) (40 percent); Vopak Terminal Pengerang BV, a subsidiary of Royal Vopak (25 percent); and Permodalan Darul Ta’zim Sdn. Bhd., a state-owned company in Johor (10 percent).

PBSB, on the other hand, is a joint venture with ownership divided between PETRONAS Mobility Lestari Sdn. Bhd., a subsidiary of PETRONAS (42.5 percent); Enilive S.p.A, a company directly controlled by Eni S.p.A. (42.5 percent); and Euglena Sustainable Investment Limited, a subsidiary of Euglena Co., Ltd. (15 percent).

PBSB’s biorefinery is expected to process approximately 650,000 tonnes of raw materials annually to produce Sustainable Aviation Fuel and other biofuels, including Renewable Diesel/Hydrogenated Vegetable Oil, to meet the increasing demands of the global aviation and transportation sectors.

For more information visit www.dialogasia.com

ConocoPhillips has announced the signing of a long-term sales and purchase agreement to acquire 4 million tonnes per annum (MTPA) of liquefied natural gas from the Port Arthur LNG Phase 2 project, which is being developed by Sempra Infrastructure, a subsidiary of Sempra, located in Jefferson County, Texas.

The agreement allows ConocoPhillips to offtake LNG over a 20-year term on a free-on-board basis, enhancing the company’s capacity to reliably supply natural gas to key global markets.

Ryan Lance, chairman and CEO of ConocoPhillips, expressed satisfaction in extending the partnership with Sempra Infrastructure, stating that the agreement positions them as a major offtaker at Port Arthur LNG Phase 2. He noted that this SPA is a significant step in advancing ConocoPhillips’ global LNG portfolio strategy, aiming to create a flexible and reliable LNG supply network to meet increasing energy demand.

Jeffrey W. Martin, chairman and CEO of Sempra, highlighted the growing importance of US LNG in addressing the energy security needs of America’s allies. He expressed enthusiasm for the partnership with ConocoPhillips to expand the Port Arthur LNG facility, emphasising the shared vision of connecting American natural gas producers with expanding overseas markets while contributing to economic growth and job creation domestically.

In July 2022, ConocoPhillips had previously signed a 20-year agreement for the offtake of 5 MTPA of LNG and secured a 30 percent equity stake in Phase 1 of Port Arthur LNG, which is anticipated to commence operations in 2027. Although the final investment decision for Phase 2 is still pending, ConocoPhillips’ involvement in that project will be limited to offtake only.

For more information visit www.conocophillips.com

Saipem has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., located approximately 1,800 metres underwater within the Stabroek Block offshore Guyana.

Awarded the contract in 2022, Saipem was responsible for the Engineering, Procurement, Construction, and Installation (EPCI) of the Subsea Umbilical, Riser, and Flowline (SURF) system for the Yellowtail field. The installation of the rigid flowline and steel lazy wave risers was executed by the FDS2 J-lay vessel during an early 2024 campaign. The project concluded in 2025, with the Saipem Constellation carrying out the installation of flexible risers, umbilicals, and the connection of the pre-laid rigid riser to the floating production storage and offloading (FPSO) unit. Additionally, the Normand Samson, a Saipem-chartered Multi-Support Vessel (MSV), supported the offshore campaign from mid-2024, providing subsea pre-commissioning, surveys, light construction, and the installation of flowline jumpers fabricated at Saipem’s yard in Georgetown. All offshore and onshore activities adhered to the highest standards of safety and quality, completed on schedule.

This project reinforces Saipem’s strategic position and execution capabilities in large-scale deepwater developments, building on the experience gained from previous projects for ExxonMobil Guyana, including Liza Phase 1 and 2, Payara, and the UARU offshore phase, which commenced in March 2025. By leveraging operational efficiency and expertise in managing complex projects, Saipem contributed to an advanced production start-up of the Yellowtail field, achieving nearly a four-month acceleration.

Saipem remains committed to delivering innovative engineering and technological solutions in challenging geological environments such as the Stabroek Block. The company integrates its acquired expertise with a focus on sustainability and local development, continuing to collaborate closely with local communities and stakeholders to foster economic growth and the development of specialised skills on-site.

For more information visit www.saipem.com/en

On June 24, Surmont reached a significant milestone by producing 500 million barrels of oil. ConocoPhillips Canada president Nick McKenna expressed his congratulations, stating, “Safely producing 500 million barrels from Surmont is an incredible accomplishment. My deepest thanks to all involved throughout Surmont’s history and those working and supporting the asset today.”

Surmont, a steam-assisted gravity drainage (SAGD) facility situated approximately 55 kilometres south of Fort McMurray, Alberta, is currently designed to produce Surmont Heavy Dilbit, which consists of bitumen diluted with condensate. The facility operates two central processing units for the treatment and blending of bitumen. As a 100 percent working interest asset, Surmont provides sustained, long-term production capabilities.

For more information visit www.conocophillips.ca

Jadestone Energy PLC has provided an update on the testing of the Skua-11ST development well at the Montara field, located offshore Australia.

As previously disclosed, production from the Skua-11ST well began in early August 2025. Initial oil production rates from the well surpassed expectations, exceeding 6,000 barrels per day (bbls/d), significantly higher than the prior estimate of 3,500 bbls/d. Following this, the production rates stabilised at 4,400 bbls/d with a 40 percent open choke, prior to the restart of the Montara field’s other subsea wells.

The Skua-11ST well was completed with downhole inflow control devices, which aim to enhance reservoir sweep and recovery. This well, along with the other Montara wells, will be managed strategically to maximize overall recovery from the Montara field.

T. Mitch Little, chief executive officer of Jadestone, remarked on the situation, stating, “The strong initial flows from the Skua-11ST well will significantly contribute to increased production from Montara, supporting our revised 2025 production guidance, which was upgraded in July. This production boost will also help reduce Montara’s unit operating costs and extend the field’s lifespan by approximately one year.”

For more information visit www.jadestone-energy.com

Norwegian energy company Aker BP has successfully concluded its Omega Alfa exploration campaign in the North Sea, resulting in a significant oil discovery that substantially expands resources in the Yggdrasil area. The find represents one of the largest commercial discoveries in Norway over the past decade, with recoverable volumes estimated between 96 and 134 million barrels of oil equivalent.

Record-Breaking Exploration Achievement

The comprehensive exploration campaign has established new benchmarks for drilling operations on the Norwegian Continental Shelf. Beyond the substantial resource discovery, the project set unprecedented standards for exploration drilling through record-breaking ultra-long horizontal reservoir sections.

The campaign targeted five exploration prospects: Omega, Alfa, Alfa South, Sigma NE, and Pi, utilising a multilateral well positioned west of the existing Yggdrasil field. This strategic positioning maximised the exploration potential while leveraging existing infrastructure proximity.

Operational Excellence and Technical Innovation

Drilling operations commenced in early May using Odfjell Drilling’s Deepsea Stavanger rig. Over a three-month operational period, the drilling team achieved remarkable technical milestones, completing 45,000 metres of total drilling, including 40,000 metres within reservoir sections.

The campaign established three new records for the longest well branches ever drilled on the Norwegian Continental Shelf, with all three exceeding 10,000 metres in length. The longest individual well reached 10,666 metres, demonstrating the advanced capabilities of extended reach drilling technology.

Industry Impact and Technological Advancement

The Omega Alfa campaign has effectively rewritten industry standards for extended reach drilling operations. The technical achievements demonstrate significant advancements in drilling capabilities and operational efficiency, potentially influencing future exploration strategies across the Norwegian Continental Shelf.

The success of ultra-long horizontal reservoir sections opens new possibilities for maximising resource recovery while minimising surface footprint, aligning with industry trends toward more efficient and environmentally conscious extraction methods.

Strategic Significance for Yggdrasil Development

The substantial addition of 96-134 million barrels of oil equivalent significantly enhances the long-term development potential of the Yggdrasil area. This resource expansion strengthens the economic viability of the field and provides additional foundation for continued investment in the region.

The discovery’s scale positions it among Norway’s most significant recent finds, reinforcing the continued potential of the Norwegian Continental Shelf for major hydrocarbon discoveries despite decades of exploration activity.

Technological Leadership and Future Applications

The drilling achievements represent a commitment to advancing technological capabilities in offshore exploration. The record-breaking well lengths and successful multilateral completions demonstrate the potential for applying these techniques to future projects, potentially transforming exploration efficiency across similar geological environments.

The campaign’s success establishes new technical benchmarks that may influence drilling strategies and capabilities development across the broader Norwegian offshore energy sector.

For more information visit www.akerbp.com

Finnish energy company Neste has been awarded the Platinum EcoVadis Medal following a comprehensive sustainability assessment that places the company among the top 1 percent of organisations worldwide. The recognition reflects Neste’s performance across multiple sustainability criteria evaluated by the world’s largest business sustainability rating provider.

Comprehensive Sustainability Assessment

EcoVadis evaluates companies based on their integration of sustainability into business and management systems, environmental impact, transparency levels, and innovation capabilities. Since its establishment in 2007, EcoVadis has developed into the world’s largest and most trusted provider of business sustainability ratings, creating a global network encompassing more than 130,000 rated companies across all sectors.

The assessment provides a cross-sector comparison, ranking companies against all evaluated organisations rather than within specific industry categories.

Performance Excellence Across Categories

Neste demonstrated significant improvement in three of the four assessment categories compared to the previous year. The company achieved a score of 92 out of 100 in labour & Human Rights, 75 out of 100 in Ethics, and 81 out of 100 in Sustainable Procurement, all representing year-over-year improvements.

In the Environment category, Neste maintained its perfect score of 100 out of 100, demonstrating continued excellence in environmental stewardship and management practices.

Global Recognition and Ranking

The Finnish company’s overall performance places it at or above the 99th percentile of all companies assessed by EcoVadis across all industries and regions. This cross-sector ranking methodology ensures the recognition reflects truly exceptional sustainability performance relative to global business standards.

Leadership Response

Virpi Amoedo, vice president of Sustainability and Public Affairs at Neste, expressed appreciation for the recognition. “We are honoured to receive the EcoVadis Platinum Medal,” she stated. “This recognition reflects our continuous commitment to integrating sustainability across our business and management systems.”

Sustainability Leadership Context

The Platinum Medal represents the highest level of recognition in the EcoVadis assessment system, reserved for companies demonstrating exceptional sustainability performance. The achievement underscores Neste’s position as a leader in sustainable business practices within the global energy sector and across all evaluated industries.

The multi-category assessment approach ensures that recognised companies demonstrate comprehensive sustainability integration rather than excellence in isolated areas, providing stakeholders with confidence in the breadth and depth of Neste’s sustainability commitment.

For more information visit www.neste.com

Global Infrastructure Partners (GIP), a BlackRock subsidiary and leading global infrastructure investor, has entered into a definitive agreement to acquire a 49.99 percent interest in Eni CCUS Holding, a prominent platform in the carbon capture, utilisation, and storage sector. The strategic partnership aims to accelerate the development of critical decarbonisation infrastructure across multiple geographies.

Comprehensive CCUS Portfolio

Eni CCUS currently operates a diverse portfolio of strategic projects designed to decarbonise industrial clusters. The platform encompasses the Liverpool Bay and Bacton projects in the United Kingdom, the L10 project in the Netherlands, and holds an option to participate in the Ravenna CCS project in Italy.

The agreement also provides Eni CCUS with rights to participate in potential future projects utilising Eni’s depleted oil and gas fields, contingent upon appropriate regulatory and market conditions. This expansion capability positions the platform to unlock additional business opportunities while strengthening its contribution to global decarbonisation efforts.

Strategic Partnership Objectives

The collaboration between GIP and Eni is designed to provide critical infrastructure for capturing and permanently sequestering CO2 emissions from hard-to-abate industries. By combining resources and expertise, the partnership aims to deploy CCUS solutions at meaningful scale across different geographical markets.

The alliance leverages GIP’s extensive experience in midstream infrastructure development alongside Eni’s technical, operational, and industrial capabilities to accelerate project deployment and market expansion.

Leadership Perspectives

Bayo Ogunlesi, GIP’s chairman and chief executive officer, expressed enthusiasm about the partnership’s potential impact. “We are excited to partner with Eni, a global leader in CCUS,” he stated. “GIP’s experience in midstream infrastructure, combined with Eni’s technical, operational and industrial capabilities, will help accelerate the deployment of CCUS solutions at a meaningful scale, furthering our commitment to serve growing market needs for affordable, decarbonised energy and products.”

Eni CEO Claudio Descalzi emphasised the strategic value of consolidating the company’s CCUS portfolio. “The decision to consolidate our CCUS global portfolio into a dedicated entity, and the entry of GIP as a strategic partner, will further enhance our ability to deliver large-scale, technically advanced decarbonisation solutions,” he explained. “The development of our satellite model applied to our businesses related to the energy transition is therefore successfully continuing, confirming their significant attractiveness in terms of growth potential and value creation by attracting aligned capital, as well as their effectiveness in reducing emissions.”

Technology and Market Impact

CCUS represents a proven, scalable solution for decarbonising emissions-intensive industrial sectors including steel, cement, and chemicals production, while also contributing to emissions reduction in power generation. The technology enables industries to meet climate targets by permanently storing or repurposing captured CO2, maintaining energy security and industrial competitiveness during the transition to a decarbonised economy.

Investment Opportunity Scale

GIP characterises the energy transition as a generational investment opportunity requiring over $100 trillion in global investment to meet worldwide clean energy demands. The firm views CCUS as a critical component of this transition, positioning the Eni partnership to leverage GIP’s energy and industrial infrastructure expertise alongside strong government and industry relationships.

The strategic alliance demonstrates both companies’ commitment to enabling and accelerating energy transition infrastructure deployment, addressing the growing market demand for comprehensive decarbonisation solutions across multiple industrial sectors.

For more information visit www.global-infra.com

Digital twin technology company Aize has entered into a Memorandum of Understanding with McDermott International to strengthen collaboration and market presence across the Middle East region. The strategic partnership aims to accelerate digital adoption in industrial projects throughout the complete project lifecycle.

Comprehensive Project Coverage

The MoU encompasses the entire project lifecycle, spanning Engineering, Procurement, and Construction (EPC) through pre-operations to full operational phases. The initial focus will center on Qatar, with the United Arab Emirates and Saudi Arabia under consideration for future expansion phases.

This comprehensive approach positions the partnership to address digital transformation needs across multiple project stages, from initial design and construction through ongoing operations and maintenance activities.

Digital Twin Technology Integration

Aize specialises in empowering industrial companies to accelerate their digital transformation through advanced digital twin technology. The company’s platform centralises data and workflows within a single, intuitive workspace, enabling teams to make faster, more informed decisions throughout the project lifecycle from design to operations.

The collaboration with McDermott will leverage these capabilities to deliver enhanced operational efficiency and decision-making support for industrial clients across the Middle Eastern market.

Strategic Objectives and Market Impact

The partnership aims to fast-track digital adoption across the region while broadening market opportunities for both companies. By combining their complementary strengths and shared vision for operational excellence, Aize and McDermott seek to unlock greater value for customers in the Middle Eastern industrial sector.

The alliance represents a strategic alignment between Aize’s digital twin expertise and McDermott’s project execution capabilities, potentially creating new benchmarks for digital integration in large-scale industrial projects.

Regional Market Focus

The phased approach beginning with Qatar reflects the country’s significant investment in industrial infrastructure and energy projects. Qatar’s position as a major liquefied natural gas producer and its ongoing industrial development initiatives make it an attractive initial market for digital twin technology implementation.

The consideration of the UAE and Saudi Arabia for future phases acknowledges these markets’ substantial industrial sectors and ongoing economic diversification efforts, which create opportunities for advanced digital solutions.

Value Creation Potential

Both companies anticipate that the collaboration will generate significant value through improved operational efficiency, enhanced decision-making capabilities, and accelerated project delivery timelines. The integration of digital twin technology across the complete project lifecycle is expected to provide clients with comprehensive insights and optimisation opportunities throughout their industrial operations.

For more information visit www.aize.io

TMA Logistics has announced leadership restructuring following the departure of longtime CEO Gerben Matroos. The Dutch logistics company revealed that co-founders John de Boer and Peter de Moel will assume executive leadership roles, while two other executives receive expanded responsibilities.

CEO Departure and Succession

After years of leadership that transformed TMA Logistics into what the company describes as a “logistics powerhouse,” Matroos is stepping down from his chief executive position. Under his guidance, the organisation developed comprehensive supply chain solutions across multiple industry sectors, establishing itself as a significant player in the logistics market.

The company expressed gratitude for Matroos’s contributions, citing his vision and entrepreneurial approach as key factors in TMA Logistics’s growth trajectory.

New Executive Structure

John de Boer will transition into the CEO role, while Peter de Moel has been appointed chief operating officer. As co-founders of TMA Logistics, both executives bring deep institutional knowledge and understanding of the company’s core values and strategic direction.

The leadership transition represents what the company characterises as a natural progression, given de Boer and de Moel’s foundational involvement in the organisation. Their combined experience is expected to provide continuity while driving future growth initiatives and strategic implementation.

Expanded Leadership Roles

The restructuring extends beyond the top executive positions. Willem Mantel has been promoted to director of terminals, assuming responsibility for all terminal operations within TMA Logistics’s portfolio.

Additionally, Rens Rohde will oversee an expanded portfolio of business units, taking control of TMA Multimodal, CSY, CTU, operations in Harlingen and Kampen, and USA (United Stevedors Amsterdam).

Strategic Continuity

The leadership changes appear designed to maintain operational continuity while positioning the company for future expansion. By elevating executives already familiar with the organisation’s operations and culture, TMA Logistics aims to preserve its established market position while pursuing new growth opportunities.

The company has expressed confidence in the new leadership structure’s ability to advance its strategic objectives and maintain strong relationships with existing partners and clients.

For more information visit www.tmalogistics.nl

Emerson announced the release of the Rosemount™ 3144S Temperature Transmitter, a new industrial measurement solution with the flexibility to meet the most demanding temperature measurement challenges, allowing for increased efficiency, safety and profitability.

Today’s technicians and managers expect temperature measurement technology to be highly accurate and reliable. Instances of a measurement point performing erratically or failing can have a major impact on productivity. Greater ease-of-use is also critical as the process industry workforce transitions to more recent hires, with fewer employees overall.

The Rosemount 3144S Temperature Transmitter addresses these issues with 0.05 degrees Celsius (0.09 Fahrenheit) of accuracy needed for processes that require the highest measurement performance. It is available with an optional 20-year stability specification and a 20-year limited warranty, assuring that it is one of the most reliable solutions on the market.

Emerson’s new ReadyConnect™ Technology allows ease-of-use by enabling plug-and-play sensor configuration with a push of a button, eliminating the need to manually input sensor information and Callendar-Van Dusen coefficients, saving configuration and commissioning time.

“The Rosemount 3144S Temperature Transmitter fits well in a wide variety of applications across a broad range of industries, making it a versatile choice for many different types of temperature measurement needs,” said Ryan Leino, senior product manager with Emerson’s measurement solutions business.

An operator interface with a simplified, task-based menu and common navigation structure across host and configuration tools also allows further ease-of-use. To further increase productivity, Quick Service Buttons provide local access to basic commissioning and maintenance tasks, such as viewing the current configuration, performing a loop test and rotating the display. Bluetooth® wireless technology provides remote access to the device at distances up to 50 feet for increased productivity, reliability and safety.

To address thermowell challenges, the Rosemount 3144S Temperature Transmitter greatly expands the application coverage of Rosemount X-well™ Technology, Emerson’s non-intrusive measurement solution, which can now measure up to 650 degrees C (1,202 degrees F).

With the Loop Integrity diagnostic and RTD Measurement Protection, the transmitter provides full diagnostic coverage from the temperature sensor to the control room, including sensor health diagnostics, dual input capabilities and continuous electrical loop monitoring, enabling real-time insight into each measurement point.

Loop Integrity performs continuous monitoring of the entire electrical loop to detect potential failures before they occur, while RTD Measurement Protection will seamlessly switch from a 4-wire to a 3-wire RTD sensor input configuration if one of the four sensor wires becomes broken, corroded, or loose anywhere from the sensor element to the transmitter terminal connections.

For more information visit www.Emerson.com/Rosemount3144S

Woodside Energy has reported a strong first half for 2025, achieving net profit after tax of USD 1,316 million and operating revenue of USD 6,590 million, up 10 percent year-on-year. Production rose 12 percent to 99.2 million barrels of oil equivalent, supported by strong performance from the Sangomar project in Senegal, which delivered 100,000 barrels per day and generated nearly USD 1 billion in revenue.

The Board declared a fully franked interim dividend of 53 US cents per share, representing an 80 percent payout ratio of underlying profit.

Key projects advanced during the period, with Scarborough 86 percent complete, Trion 35 percent, and Beaumont New Ammonia 95 percent. Woodside also took a final investment decision on the Louisiana LNG Project and sold a 40 percent stake in its LNG infrastructure to Stonepeak, securing major funding support.

With operating cash flow of USD 3,339 million, liquidity of USD 8,430 million and gearing at 19.5 percent, Woodside emphasised its financial strength and disciplined capital management.

CEO Meg O’Neill said the results demonstrate the company’s ability to deliver strong shareholder returns today while progressing world-class growth projects to meet future energy demand.

For more information visit www.woodside.com

KBR is preparing to demonstrate its evolving approach to energy infrastructure at Gastech 2025, emphasising the need to combine established expertise with innovative technologies and skills to navigate the accelerating energy transition.

The engineering and construction company will present its vision for future-proofing infrastructure, projects, and workforce capabilities at the event, scheduled for September 9-12 at Fiera Milano. KBR will occupy Stand D92 to showcase how digital tools, low-carbon fuels, and workforce transformation must integrate to secure energy systems for future decades.

The company brings substantial credentials to the energy sector, having contributed to more than 30 percent of the world’s installed LNG capacity over the past four decades. KBR is now adapting this project delivery expertise to address growing complexity in the energy landscape, including the integration of artificial intelligence into engineering operations, infrastructure adaptation for hydrogen and ammonia applications, and strategies to address the global energy skills gap.

Several KBR executives will participate in key panel discussions throughout the conference. Andy Webster, director of digital, will explore how AI is transforming asset performance and operational decision-making in energy systems. Ameet Kakoti, director of clean ammonia & hydrogen, will address ammonia’s expanding role as both a hydrogen carrier and low-carbon fuel option. Chief people officer Jenni Myles will tackle the global energy skills shortage, highlighting KBR’s initiatives in inclusive hiring, upskilling programmes, and career pathway development for the next-generation workforce.

Paul Baillie, senior vice president of KBR’s Integrated Solutions International business, articulated the company’s comprehensive approach to industry evolution. He emphasised that as global energy demand transforms, the company must build upon its industry expertise and delivery capabilities to revolutionise project execution and enable future delivery of more resilient and adaptable energy systems.

Baillie stressed that the company’s strategy extends beyond incremental innovation, focusing instead on the alignment of modular project design, digital delivery methods, and an adaptable workforce to enable meaningful progress. He indicated that Gastech provides an opportunity to demonstrate how KBR is implementing this integrated approach with clients, partners, and emerging talent.

KBR’s market position combines complex project delivery expertise with a portfolio of more than 80 proprietary licensed technologies and an expanding suite of digital and AI-powered engineering tools. The company delivers scalable, sustainable solutions from concept through completion using flexible commercial models, while maintaining extensive project and programme management capabilities.

The company is actively investing in addressing the global energy skills gap through innovative training programmes and inclusion initiatives, positioning itself to support the industry’s evolving workforce requirements as the energy transition continues to accelerate.

For more information visit www.kbr.com/en

Canada’s emerging liquefied natural gas (LNG) export industry has reached a major achievement with its first major overseas shipment, prompting strategic infrastructure investments to support the sector’s growth.

In mid-July, LNG Canada delivered the country’s first major LNG shipment overseas, transporting the cargo from Kitimat, British Columbia to Tongyeong, South Korea. Additional tankers have followed as the company transitions into routine service operations during the third quarter, marking the industry’s entry into commercial-scale export activities.

The West Coast LNG sector continues to expand with several facilities under construction or in development across British Columbia. These projects include the Cedar LNG facility in Kitimat, the Woodfibre LNG facility in Squamish, and the Ksi Lisims LNG facility in Gingolx. Notably, Enbridge holds a 30% ownership stake in the Woodfibre LNG project.

In response to the sector’s growth trajectory, Enbridge announced during its second-quarter financial earnings call on August 1 that the company is expanding its Aitken Creek gas storage facility located north of Fort St. John. The C$0.3-billion expansion will add 40 billion cubic feet (Bcf) of storage capacity to the facility, which currently provides the only underground gas storage infrastructure in the province.

The expansion will increase Aitken Creek’s total storage capacity to just under 120 Bcf, providing essential operational flexibility for Western Canada’s LNG export sector while enhancing energy reliability for British Columbia and U.S. Pacific Northwest residents, particularly during winter heating periods. The expanded facility is expected to commence operations in spring 2028.

Greg Ebel, Enbridge’s president and CEO, emphasised the strategic importance of the expansion during the company’s second-quarter earnings call. He noted that the expansion of the Aitken Creek storage facility will support the growing Canadian LNG market while optimising other expansions underway on the West Coast system. The project aims to provide customers with critical operational flexibility in a rapidly developing regional energy landscape, particularly in support of LNG operations.

The infrastructure investment reflects the broader transformation of Canada’s energy sector as the country establishes itself as a significant player in the global LNG market, leveraging its substantial natural gas resources and strategic Pacific Coast positioning to serve international customers.

For more information visit www.enbridge.com

The Association for Materials Protection and Performance (AMPP), the world’s largest nonprofit dedicated to materials protection and performance, is proud to recognise its Board Chair, Juan Caballero, on his appointment as coordinator of the corrosion commission for the Panamanian Society of Engineers and Architects (SPIA).

Caballero’s new role with SPIA reflects his distinguished career, proven leadership, and dedication to advancing corrosion prevention locally and globally. As corrosion commission coordinator, he will guide the commission’s work in alignment with SPIA’s strategic objectives, leading initiatives to promote the profession, strengthen technical expertise, and foster the exchange of best practices in corrosion control. He will also represent the commission in national and international forums, ensuring Panama’s voice is present in global infrastructure conversations.

As AMPP’s Board Chair, Caballero is pivotal in guiding the organisation’s mission to protect critical assets and infrastructure worldwide. He has been instrumental in advancing standards, training, and professional development programmes that help ensure safety, security, and sustainability through corrosion control. His leadership in both AMPP and SPIA uniquely positions him to bridge Panama’s engineering priorities with international best practices, strengthening collaboration between the national and global engineering communities.

“Juan’s appointment to lead SPIA’s Corrosion Commission is a well-deserved recognition of his expertise and vision,” said AMPP CEO Alan Thomas. “His ability to connect Panama’s infrastructure needs with global solutions will bring lasting value to both SPIA and AMPP’s shared mission of protecting the world’s critical assets.”

Caballero has extensive experience leading multidisciplinary teams, implementing corrosion prevention strategies, and contributing to industry-wide initiatives across Latin America. His dual leadership roles underscore the importance of collaboration between national engineering organisations and global associations in tackling infrastructure challenges.

To learn more about AMPP and its global initiatives, please explore www.ampp.org 

Baker Hughes has reached a significant milestone in its global manufacturing strategy with the successful export of its first Sub-Surface Safety Valve (SSSV) manufactured in Saudi Arabia to a customer in Italy. The company describes this achievement as historic for both Baker Hughes and the broader energy sector.

The export represents a major advancement in Baker Hughes’ commitment to developing local manufacturing capabilities while contributing to the global energy infrastructure supply chain. The milestone also signals Saudi Arabia’s growing prominence as a manufacturing hub for critical energy sector components, particularly in the specialised field of safety valve production.

According to the company, each valve produced undergoes comprehensive quality assurance protocols and functional testing procedures designed to meet or exceed stringent global industry standards. This rigorous testing framework ensures that the Saudi-manufactured products maintain the same performance and reliability standards as Baker Hughes’ established manufacturing facilities worldwide.

The achievement reflects Baker Hughes’ broader strategic initiative to localise advanced manufacturing operations while preserving high-performance standards and reliability across its product portfolio. This approach allows the company to expand its global manufacturing footprint while contributing to local economic development and technical expertise in key markets.

Baker Hughes emphasised that the milestone was made possible through the dedication and collaboration of its entire team involved in the Saudi Arabian manufacturing operations. The company positions this achievement as part of its broader mission to shape the future of energy both locally and globally.

The successful export marks a significant step in the evolution of Saudi Arabia’s industrial capabilities, demonstrating the kingdom’s capacity to produce highly specialised energy sector equipment that meets international quality standards and serves global markets.

For more information visit www.bakerhughes.com

ITM Power has announced a significant milestone in the UK’s green hydrogen sector with the signing of a supply agreement and binding heads of terms for a long-term services agreement with MorGen Energy. The partnership centres on the 20MW West Wales Hydrogen project located in Milford Haven, UK.

The project represents a major step forward under the UK Government’s HAR1 initiative. With permits already secured and commercial terms with project stakeholders nearing completion, the development is progressing steadily toward its Final Investment Decision. The project is expected to break ground before the end of the calendar year.

Central to the project is ITM Power’s POSEIDON platform, a 20MW modular electrolyser system that reinforces the company’s position as a leader in scalable, high-performance green hydrogen solutions. The technology deployment marks a significant application of advanced electrolyser capabilities in the UK market.

Werner Lieberherr, CEO of MorGen Energy, emphasised the project’s broader significance for Wales and the UK. He described the West Wales Hydrogen Project as “a cornerstone of our vision for a cleaner, more resilient energy future” and highlighted the partnership’s potential to serve as both a pioneering energy initiative and an economic catalyst. Lieberherr noted that the project aims to create high-value jobs, strengthen supply chains, and position Wales at the forefront of the green hydrogen economy while delivering environmental impact and lasting prosperity for local communities.

Dennis Schulz, CEO of ITM Power, characterised the contract as “a major milestone for ITM Power and the UK hydrogen sector.” He emphasised that the selection for the West Wales Hydrogen Project demonstrates confidence in the company’s technology and delivery capabilities, as well as recognition of green hydrogen’s critical role in the energy transition. Schulz expressed pride in partnering with MorGen Energy to implement POSEIDON technology in a project of national significance.

The announcement signals continued momentum in the UK’s green hydrogen sector, with the West Wales project serving as an example of how government initiatives, advanced technology, and strategic partnerships are converging to advance the nation’s clean energy objectives.

For more information visit www.itm-power.com