HES International B.V, a leading European bulk handling services provider, and Binding Solutions Limited, a UK-based technology company, have signed a memorandum of understanding to evaluate the development of a state-of-the-art iron ore cold pelletising plant at HES’s HBTR terminal in Rotterdam, the Netherlands.

The collaboration aims to establish a facility that will produce cold agglomerated pellets using BSL’s patented low-energy process. Unlike conventional high-temperature pelletising methods, BSL’s cold agglomeration technology can reduce energy consumption by up to 80 percent and lower CO₂ emissions by up to 70 percent, positioning it as a key enabler for the decarbonisation of the steel industry.

The initial phase of the proposed project would see the construction of a 400,000 tonnes-per-year plant, with future expansions planned to scale up capacity to between 1 and 3 million tonnes annually. The development aligns with HES’s long-term vision of transforming HBTR—the largest dry bulk terminal in Europe—into a strategic hub for sustainable steel production and logistics.

Joop de Rooij, chief commercial officer at HES International, commented:

“As we further develop HBTR into the steel terminal of Europe, this project represents a significant step in reinforcing our role as a catalyst for Europe’s transition to Green Steel.”

Russell Kaschula, chief operating officer of Binding Solutions, added:

“We’re excited to work with HES International to enable Green Steel production by supplying high-quality iron ore pellets to meet growing demand. HBTR is the largest dry bulk terminal in Europe, providing us with the ideal location to serve European steel producers and, in partnership with HES International, deliver commercial, environmental and operational benefits along the steel production chain.”

If realised, the project would not only contribute to Europe’s decarbonisation goals, but also strengthen Rotterdam’s position as a key logistical and industrial gateway for sustainable materials.

For more information visit www.hesinternational.eu

Höegh Evi, a global leader in marine energy infrastructure, and Wärtsilä Gas Solutions, a division of the Wärtsilä technology group, have announced the successful completion of the world’s first floating ammonia-to-hydrogen cracker. This breakthrough marks a major advancement in clean energy innovation, enabling floating import terminals to produce hydrogen at industrial scale from transported ammonia. Launched in April 2023, the project forms part of Norway’s Green Platform programme.

The ammonia cracker features a modular design suitable for integration into hybrid Floating Storage and Regasification Units (FSRUs) as well as dedicated Floating Hydrogen Terminals. The technology supports a scalable sendout capacity of up to 210,000 tonnes of hydrogen annually, with ammonia storage ranging between 10,000m³ and 120,000m³.

Illustration: Höegh Evi

Erik Nyheim, CEO of Höegh Evi, stated:“The floating ammonia-to-hydrogen cracker developed by Höegh Evi, Wärtsilä and partners is a game-changer for the hydrogen economy and the energy transition in Europe. Our floating terminals and cracking technology can unlock the full potential of global value chains for green hydrogen, providing European industry with a reliable supply of clean energy within this decade.”

Walter Reggente, vice president of Wärtsilä Gas Solutions, added:
“This pioneering development of the floating ammonia-to-hydrogen cracker represents a significant leap forward in our quest for sustainable energy solutions. Together with Höegh Evi and our partners, we are not only addressing the challenges of hydrogen storage and transportation but also paving the way for a more resilient and flexible energy infrastructure.”

Powered by Norway’s Legacy in Marine Energy Innovation

The project has received approximately EUR 5.9 million in support from Norway’s Green Platform initiative, covering around 50 percent of the total project cost. The ammonia cracker was constructed at the Sustainable Energy Catapult Centre in Stord, Norway. Key contributors to the initiative include the Institute for Energy Technology (IFE), the University of South-Eastern Norway, Sustainable Energy, and BASF SE.

Håkon Haugli, CEO of Innovation Norway, said:
“The future of energy must be green, and it’s our job to be part of the technological development necessary to achieve this goal. We are very happy for this project.”

Innovation Norway, the country’s trade promotion organisation, plays a central role in allocating funding under the Green Platform programme.

Enabling Europe’s Hydrogen Ambitions

Aligned with the European Union’s REPowerEU strategy, which sets a target to import 10 million tonnes of renewable hydrogen annually by 2030, the floating ammonia-to-hydrogen technology offers a timely solution for expanding hydrogen supply chains. As the hydrogen grid develops, floating infrastructure equipped with ammonia cracking capabilities can provide essential baseload energy and support decarbonisation of hard-to-abate sectors.

To support this ambition, Höegh Evi is actively developing several hydrogen terminal projects across Europe, with the first facilities expected to begin operations before the end of the decade.

For more information visit www.hoeghevi.com

TotalEnergies has announced the commencement of production from the Ballymore deepwater field, located approximately 120 kilometres off the coast of Louisiana in the US Gulf of Mexico. The company holds a 40 percent interest in the project, alongside operator Chevron, which holds the remaining 60 percent.

Launched in May 2022, the Ballymore field boasts a gross daily production capacity of 75,000 barrels of oil and 50 million cubic feet of gas. The hydrocarbons are processed via a tie-back to the Chevron-operated Blind Faith floating production unit, leveraging existing infrastructure and standardised equipment to reduce both development costs and emissions intensity.

At peak production, Ballymore is expected to contribute nearly 30,000 barrels of oil equivalent per day of net, cash-accretive production to TotalEnergies.

Nicolas Terraz, president of Exploration & Production at TotalEnergies, commented:
“The start-up of Ballymore will increase TotalEnergies’ production capacity in U.S. deepwater to more than 75,000 boe/d and contribute to the Company’s targeted hydrocarbon production growth of over 3 percent in 2025. The United States is a major market for the deployment of our integrated energy model, which combines low breakeven and low emissions oil and gas projects with LNG and integrated power developments.”

The Ballymore project further strengthens TotalEnergies’ presence in the Gulf of Mexico and aligns with the company’s broader strategy of pursuing efficient, lower-carbon hydrocarbon developments while advancing its integrated energy portfolio.

For more information visit www.totalenergies.com

ECF has introduced its innovative Accu-Temp temperature monitoring and control system to industrial markets. Designed to automate temperature regulation, Accu-Temp integrates sensors, control valves, and control panels to maintain optimal conditions without the need for human intervention.

High Precision with Minimal Supervision

Temperature control is a critical yet labour-intensive task in industrial settings. Manual monitoring not only requires additional personnel but also increases the risk of human error. Accu-Temp eliminates these concerns by providing automated temperature adjustments, ensuring consistent performance with minimal oversight. An optional remote setpoint and alarm feature allows for real-time monitoring and on-the-go adjustments, improving operational efficiency while reducing staffing requirements.

Advanced Functionality & Design

The Accu-Temp system includes:

• A temperature sensor, modulating control valve, and pre-wired control panel for seamless integration.

• A pre-programmed temperature controller that works with the modulating control valve to maintain the desired temperature.

• A temperature control panel equipped with a disconnect switch, PID temperature controller, alarm horn/light, and necessary terminal blocks.

• An optional digital input feature for emergency shut-off at low levels (tank level sensor not included).

Key Benefits of Accu-Temp

• Precision & Reliability: Ensures accurate temperature control for industrial applications, removing guesswork.

• Energy Efficiency: Reduces unnecessary energy consumption by automatically adjusting temperatures, preventing overheating or excessive heating cycles.

• Product Consistency: Maintains uniform heating conditions, ensuring product quality regardless of tank size or operator involvement.

• Safety Enhancements: Features an emergency shut-off capability to prevent coil exposure, overheating, and other potential hazards, safeguarding both equipment and personnel.

Industrial Applications

Accu-Temp is ideal for:

• Tanks requiring regulated heating to maintain consistent temperatures.

• Industrial processes involving heat exchange temperature control.

• Facilities looking to reduce labour costs and improve operational efficiency through automation.

A Smart Investment for Industrial Efficiency

For industries still relying on manual temperature control, Accu-Temp offers a reliable and efficient alternative. ECF engineers are available to provide further information, product overviews, and installation quotes tailored to specific site requirements.

For more information visit www.ecfinc.net

OQ Gas Networks and Fluxys have entered into a strategic partnership to jointly develop a pipeline infrastructure in Oman dedicated to the transportation of renewable hydrogen. The collaboration, formalised through the signing of a Term Sheet Cooperation Agreement, represents a significant step forward in advancing both companies’ commitments to the global energy transition.

The agreement was signed by Eng. Mansoor bin Ali Al Abdali, CEO of OQGN, and Pascal De Buck, CEO of Fluxys, and lays the foundation for a cost-effective and scalable hydrogen infrastructure. The partnership also aims to facilitate the sharing of technical knowledge and operational expertise in the clean energy sector.

Commenting on the agreement, Eng. Mansoor Al Abdali stated:

“This cooperation is a clear signal of our commitment as the national energy infrastructure company in leading the development and deployment of green hydrogen infrastructure to support Oman’s energy transition goals and aspirations.”

Pascal De Buck, CEO of Fluxys, added:

“Together, we are committed to creating a brighter, greener energy future. By harnessing our combined expertise, we aim to bring renewable hydrogen to Belgium and Europe, while also significantly contributing to Oman’s sustainable energy goals.”

This strategic alliance strengthens Oman’s position as a key player in the global hydrogen economy, while supporting Europe’s ambitions to diversify and decarbonise its energy supply.

For more information visit

Global eFuels pioneer Infinium has announced the appointment of Laura Hellman and Gary Hultquist to its Board of Directors, expanding the board’s composition to a total of seven members. The appointments strengthen Infinium’s leadership with deep expertise in transition energy investments, finance, and corporate governance, further reinforcing its position at the forefront of the clean fuels industry.

Laura Hellman currently serves as senior vice president at Brookfield Asset Management, where she plays a key role in renewable and transition energy investments. Based in New York, she has spent the past seven years with Brookfield and previously worked at private investment firm Ardian. Ms. Hellman is a recognised speaker on clean energy and impact investing and has held board positions with other Brookfield portfolio companies. Brookfield is a major investor in Infinium, having committed over 200 million US dollars to Infinium and its flagship Roadrunner facility in West Texas, with an additional 850 million US dollars earmarked for future eFuels projects globally.

Gary Hultquist brings over 25 years of experience as a strategic financial advisor, with a strong focus on the technology and energy sectors. He currently serves as managing director at Corporate Finance Associates, where he has guided clients across the United States, Europe, and Asia. Mr. Hultquist has a robust track record of board service, including a nearly decade-long tenure on the Kinder Morgan Board of Directors. Prior to his advisory career, he practised law as a partner at two San Francisco and Silicon Valley firms, specialising in corporate and intellectual property litigation.

“We are very pleased to welcome the combined expertise and strategic counsel of Laura and Gary to our Board,” said Robert Schuetzle, CEO of Infinium. “They are both widely recognised and admired in their respective fields. This is an exciting time for Infinium and our customers, who will benefit greatly from the agile leadership of our expanded board.”

Infinium is a global leader in gas conversion technologies and the development of ultra-low carbon eFuels. The company is known for a series of industry firsts, including the first commercial production of power-to-liquid eFuels, the first deployment of modular gas conversion technology, and its unique position as the only clean fuels innovator offering comprehensive, end-to-end solutions. Its customer base includes major industry players such as Amazon, American Airlines, Borealis, and IAG, underscoring its vital role in the transition to a low-carbon energy future.

For more information visit www.infiniumco.com

VTTI is advancing the development of a European network of ammonia import terminals and ammonia crackers through its ambitious initiative, Project Amplifhy Europe. This strategic project aims to support the growth of the European hydrogen economy, contribute to the targets outlined in the Renewable Energy Directive, and align with the European Union’s RePowerEU and Fitfor55 strategies.

As part of the wider initiative, the two most advanced developments—Amplifhy Rotterdam and Amplifhy Antwerp—have been granted Project of Common Interest (PCI) status by the European Commission. VTTI is currently the only developer with advanced ammonia terminal and cracking projects in both of these critical industrial hubs, further strengthening its leadership in the hydrogen value chain. Additional locations under the Project Amplifhy Europe umbrella are also being actively pursued.

Project Amplifhy Rotterdam

At the Port of Rotterdam, VTTI is constructing an industrial-scale ammonia import terminal and ammonia cracking facility at its existing ETT terminal. The Rotterdam site will be developed in phases, comprising four ammonia cracking units and associated ammonia storage tankage. The Front-End Engineering and Design studies for the project are being co-financed by the European Commission under the Cross-Border Renewable Energy Studies programme, underscoring the project’s strategic value for cross-border hydrogen trade in Europe.

Project Amplifhy Antwerp

Simultaneously, VTTI is progressing with a similar development at its ATPC terminal in the Port of Antwerp. This project will also feature a phased build-out of ammonia cracking units and associated tank infrastructure. The Antwerp facility will offer customers a unique combination of services, including the option to contract for integrated ammonia storage and cracking capacity, or standalone ammonia storage—providing enhanced flexibility and access to low-carbon hydrogen sources.

Through Project Amplifhy Europe, VTTI is laying the foundation for a robust, cross-border hydrogen infrastructure and positioning itself as a key enabler in Europe’s energy transition.

For more information visit www.vtti.com

Mesa Engineered Tank Products (Mesa ETP) proudly announces that its revolutionary FlexCore^™ liquid-mounted seal has been awarded Silver in the Emerging Technologies category at the 2025 Global Tank Storage Awards. The prestigious event, held in Rotterdam, Netherlands during StocExpo, celebrates excellence and innovation within the international tank storage sector.

Designed to deliver unmatched durability and emissions control, Mesa ETP’s FlexCore seal represents a significant advancement in floating roof tank technology. Engineered for a superior vapour tight seal, it combines a reliable foam log core with the highly anticipated Armor Fabric^™ vapour barrier seal fabric, ensuring unrivalled emissions control, eliminated vapour space, incredible abrasion resistance, and extended service life. By addressing key challenges in the storage industry, FlexCore reinforces Mesa ETP’s commitment to innovation and environmental responsibility in the aboveground storage tank industry.

“We are honoured and thrilled to receive this recognition from the Global Tank Storage Awards team,” said CEO Tim Nymberg, “FlexCore is the result of our team’s dedication to solving real-world AST challenges with cutting-edge technology. This award validates our efforts to push the boundaries of performance, reliability, and sustainability in the industry.”

The Global Tank Storage Awards are recognised for highlighting groundbreaking solutions that enhance efficiency, safety, and environmental stewardship in the aboveground storage tank (AST) sector. With entries from leading companies around the world, the competition showcases the best advancements shaping the future of tank storage technology.

Mesa ETP continues to lead the industry with its expertise in floating roof seals, drain systems, and custom-engineered solutions for aboveground storage tanks. FlexCore is another example of the company’s commitment to enhance safety, efficiency, and compliance in the global oil and petrochemical markets.

For more information on FlexCore and Mesa ETP’s innovative solutions, visit www.mesaetp.com

International energy consultancy Penspen has been awarded a multi-million-pound contract by United Living Infrastructure Services to lead the detailed engineering design of the HyNet CO₂ transportation pipeline at Liverpool Bay. This landmark project is central to transforming the North West of England into a world-leading low-carbon industrial cluster and will shape the region’s energy future for generations.

Under the contract, Penspen will develop the onshore CO₂ pipelines and above-ground installations that will transport carbon emissions captured from industrial sources in Stanlow to the Liverpool Bay carbon capture and storage facility at Point of Ayr. The system will utilise a combination of new infrastructure and repurposed assets to facilitate CO₂ transport to depleted gas reservoirs beneath the Irish Sea.

Seventy engineering specialists from Penspen will support the project from a dedicated base at 280 Holborn, London, including 20 newly recruited professionals specifically for this scope. Further technical support will be provided by Penspen’s growing Aberdeen team, which has experienced significant expansion over the past six months.

Darren Bartlett, director – energy transition at Penspen, commented:

“This is a pivotal award that highlights Penspen’s reputation as specialists in supporting complex energy transition projects, applying over 70 years of international engineering expertise to meet the challenge of decarbonising the UK’s industrial hubs.
The HyNet North West project will be transformational for the UK’s energy network, and we are proud to be working with United Living to deliver this first-of-its-kind project at Liverpool Bay. The development of this carbon capture facility will be critical in driving progress towards a cleaner energy future.”

HyNet North West is a cornerstone project for the UK’s energy transition, aiming to decarbonise the industrial heartlands around Liverpool Bay. Following the announcement of government backing in October 2024, HyNet will deploy large-scale carbon capture and storage and low-carbon hydrogen infrastructure. This includes a hydrogen production plant, transport network, and storage, with captured CO₂ to be sequestered safely offshore.

Campbell Crawford, managing director of United Living Infrastructure Services, stated:

“We are pleased to appoint Penspen to deliver the engineering design on this project. They have an exceptional track record in delivering complex detailed design for onshore pipelines, making them one of the few companies in the UK with the expertise to help us deliver this major energy transition project.”

A New Era for Liverpool Bay – World-First Low-Carbon Industrial District

The planned CO₂ pipeline will run from the Ince Facility in the North West of England, via the Stanlow Refinery, to the Point of Ayr Terminal on the north coast of Wales. The route will include six block valve stations and five above-ground installations supporting the development of a robust, high-pressure CO₂ transportation network.

Once operational, HyNet North West is expected to reduce carbon emissions by up to 10 million tonnes per year in the 2030s, positioning the region as a global model for low-carbon industrial transformation and significantly contributing to the UK’s net zero targets.

For more information visit www.penspen.com

Honeywell and Argent LNG have entered into an agreement to evaluate the application of Honeywell’s advanced pretreatment solutions at a planned liquefied natural gas export terminal in Port Fourchon, Louisiana. The collaboration is intended to support global energy security and reinforce the United States’ leadership in the LNG market.

Honeywell’s LNG pretreatment technologies are designed to remove contaminants from natural gas, helping to improve operational efficiency and overall production performance. The integrated use of Honeywell’s modular Mercury Removal Unit (MRU), Acid Gas Removal Unit (AGRU), and SeparSIV® Unit enables the removal of mercury, carbon dioxide, sulfur, water, and heavy hydrocarbons in line with stringent LNG specifications. The SeparSIV® technology, in particular, is capable of handling a range of feed gas compositions and can deliver up to a 50 percent reduction in lifecycle costs compared to conventional removal methods.

“Argent LNG is committed to delivering clean, secure, and cost-effective energy worldwide. To meet this objective, we must harness innovative technology and high-performance pretreatment solutions,” said Jonathan Bass, CEO of Argent LNG. “Honeywell’s established technologies present an opportunity to strengthen the US LNG sector and meet global demand for reliable energy supply.”

Global LNG demand is projected to grow by 60 percent by 2040, according to the Shell LNG Outlook 2025. In response, Argent LNG’s Port Fourchon terminal is designed for an initial capacity of 12 million tonnes per annum of LNG, with potential expansion to 25 MTPA—positioning it among the world’s largest LNG export facilities. Upon completion, the terminal will supply LNG to key markets across Asia, Europe, South America, and the Middle East.

“Honeywell’s cutting-edge LNG solutions are vital for advancing energy security and enabling the scalable production of LNG worldwide,” said Rajesh Gattupalli, President of Honeywell UOP. “Our portfolio provides flexible, end-to-end technologies tailored to the specific needs of our clients.”

Honeywell’s LNG offering spans pretreatment, liquefaction, and advanced automation technologies aimed at streamlining and optimising LNG operations. Additionally, Honeywell’s modular LNG systems can be fabricated off-site and delivered to project locations, reducing construction risk and timelines, and accelerating the path to commercial operation.

For more information visit www.honeywell.com

Gen2 Energy AS and Farsund Municipality have signed an agreement enabling Gen2 Energy to secure long-term access to the Lundevågen Havneområde industrial site in Farsund. The agreement paves the way for the construction of a large-scale green hydrogen production facility, including access to quay infrastructure for the export of hydrogen to markets across Europe and within Norway.

Under the agreement, Gen2 Energy plans to establish a plant at the site to support high-volume green hydrogen production. The facility will benefit from Farsund’s favourable conditions, including access to low-cost renewable energy, suitable industrial land, and strategic maritime logistics.

“We are very happy to have chosen Farsund as the location for large-scale production of green hydrogen,” said Jan Fredrik Råknes, head of business development at Gen2 Energy. “Farsund offers a compelling combination of renewable energy resources, industrial zoning potential, and efficient shipping access, making it a valuable addition to our portfolio of coastal hydrogen production sites in Norway.”

Mayor Ingrid Williamsen of Farsund Municipality welcomed the collaboration, stating, “Today I signed an option agreement between Gen2 Energy and Farsund Municipality. It will be exciting to follow the process going forward, and we look forward to the collaboration.”

The agreement grants Gen2 Energy access to more than 60 acres of land at the Lundevågen site, which will require preparation and zoning for hydrogen production. This preparatory work is set to begin promptly. In parallel, the company is conducting a concept study to determine the scale and technology approach for the facility.

A key component of the agreement is the access to quay facilities, enabling the large-scale export of green hydrogen to European markets, reinforcing Gen2 Energy’s role in supporting the energy transition.

For more information visit www.gen2energy.com

At Chane, safety remains the highest priority, whether in terms of personal well-being or food safety. Ensuring high safety standards ultimately depends on the efforts of those working on the terminal. To further strengthen safety measures, Chane has introduced joint training sessions with customers, complementing its regular safety programmes. Manager of Operations Ronald Thonissen explains how these sessions contribute to maintaining and guaranteeing a high standard of safety.

A Collaborative Approach to Safety Training

In collaboration with the Health, Safety, Environment, and Quality department, the idea of involving customers in safety training was developed. “No one understands a product better than the producer,” Thonissen explains. With this in mind, Chane proposed joint training sessions to enhance knowledge of food safety, an initiative that was met with enthusiasm. This led to the creation of a structured lunch & learn session designed to provide in-depth insights into product storage and handling.

Chane Terminal Dodewaard

During the session, both Chane employees and customer representatives received extensive training, fostering a mutually beneficial exchange of knowledge. “It works both ways: the customer provides insights specific to their product, while we demonstrate our expertise and commitment to maintaining high safety standards,” Thonissen notes.

Continuous Learning and Development

As safety regulations and industry guidelines evolve each year, continuous training is essential. Chane’s Learning & Development department plays a key role in ensuring that both operational and administrative staff remain up to date. Programmes such as Chane Academy offer training and certification opportunities, reinforcing the company’s commitment to ongoing professional development.

The Lunch & Learn session further enriched employees’ knowledge by providing a platform for discussion and refinement of safety protocols. It also allowed employees to share their experiences in a relaxed setting while identifying areas for improvement.

Practical Training for Real-World Impact

The session focused on practical examples, encouraging active participation and discussion. Key topics included the consequences of mishandling products and best practices to prevent such incidents. Customers particularly appreciated Chane’s meticulous approach to detail. “We even check the drain, because if nothing is wrong there, we know the rest of the production site is also in order,” Thonissen explains.

Beyond safety training, the initiative also fostered stronger relationships between Chane and its customers. Discussions covered hygiene regulations, colour-coded safety protocols, and Hazard Analysis and Critical Control Points (HACCP) guidelines, further reinforcing best practices.

Positive Outcomes and Future Expansion

Following the first Lunch & Learn session, employee feedback was overwhelmingly positive. Participants found the training valuable for refreshing and deepening their knowledge, particularly in relation to practical case studies provided by the customer. The impact of the training has been evident in improved hygiene inspections and safety audits, with independent evaluations highlighting a more organised and compliant terminal.

Given the success of the initiative, plans are in place to expand the concept beyond food safety to include personal safety and other operational protocols. “This approach can be applied to other customers, demonstrating that Chane is a trusted partner in delivering high-quality bulk product services,” Thonissen adds. By fostering collaboration and continuous learning, Chane ensures that both its own operations and those of its customers remain safe, efficient, and future-ready.

For more information visit www.chane.eu

Perenco T&T Limited, operator of the Teak, Samaan and Poui fields, has announced the successful drilling of the Onyx well and sidetrack, located in the eastern section of the Onyx field. The drilling campaign encountered significant natural gas columns in two distinct geological compartments, marking a promising step forward for the undeveloped field.

Situated in a water depth of 180 feet, the Onyx field lies between the Poui and Teak fields off the southeast coast of Trinidad. It is part of the TSP licence, a joint venture between Perenco T&T Limited, Heritage Petroleum Company Limited, and The National Gas Company of Trinidad and Tobago Limited (NGC).

The subsurface data obtained is now under detailed review, with development options to be evaluated as the project progresses towards a potential Final Investment Decision.

Gregoire de Courcelles, general manager of Perenco T&T, commented on the achievement:

“I am very proud of the successful results of the Onyx wells. Our objective was to prove sufficient gas reserves to unlock field development. The wells’ findings are testimony to the hydrocarbon potential which remains in the TSP acreage and highlight Perenco’s commitment to provide future supplies of natural gas to Trinidad and Tobago. I would like to thank our partners, Heritage Petroleum and NGC, for their unwavering support in this project and congratulate all teams involved in completing this operation safely and efficiently.”

This discovery represents a significant milestone in Perenco’s long-term strategy for Trinidad and Tobago, reinforcing its growing role as a key gas supplier to the local market.

For more information visit www.perenco.com

Crescent Energy Company announced the closing of the sale of its non-operated assets in the Permian Basin to a private buyer for $83 million in cash, subject to customary post-closing purchase price adjustments. The assets, located in Reeves County, Texas, were projected to produce approximately 3,000 barrels of oil equivalent per day in 2025, with around 35 percent of that being oil.

Proceeds from the sale were allocated to reduce outstanding borrowings under the Company’s revolving credit facility. The transaction carried an effective date of 31 December 2024. Crescent indicated it would update its 2025 outlook to reflect the divestiture when reporting its financial and operating results for the first quarter of the year.

Crescent CEO David Rockecharlie commented, “We were pleased to announce the closing of this accretive asset sale, which formed part of our $250 million pipeline of non-core asset divestitures outlined during our year-end earnings. As both investors and operators, we consistently evaluated opportunities to enhance our portfolio, simplify our business, and deliver value to our investors.”

For more information visit www.crescentenergyco.com

Mabanaft has announced its role as a founding member of the newly established TransHyDE 2.0 initiative, set to officially launch on 6 May 2025 in Berlin. The initiative aims to accelerate the development of a comprehensive European hydrogen infrastructure, building on the momentum of the original national hydrogen flagship project, TransHyDE.

With its extensive experience in future-oriented fuels, Mabanaft contributes to the formation of a sustainable hydrogen economy and plays an active role in shaping the next generation of clean energy solutions.

Pioneering the Hydrogen Infrastructure of Tomorrow

TransHyDE 2.0 expands the vision of its predecessor by adopting an industry-driven approach and serving as a:

• Nucleus for new hydrogen infrastructure and derivative projects,

• Consultation platform for policymakers, businesses, and society,

• Bridge between industry and research, and

• Network connecting stakeholders across the hydrogen value chain.

The initiative encompasses seven implementation platforms focused on gaseous hydrogen (gH₂), liquid hydrogen (LH₂), ammonia (NH₃), liquid organic hydrogen carriers (LOHC), dimethyl ether and carbon dioxide (DME & CO₂), and methanol. It also supports four research platforms targeting system analysis, standardisation and safety, market and regulatory frameworks, and public acceptance.

Mabanaft’s Strategic Contribution

Philipp Kroepels, director new energy at Mabanaft, stated:

“Participating in the TransHyDE 2.0 initiative is a significant step in our mission to supply our customers with clean hydrogen and its derivatives. By collaborating with stakeholders from industry and academia, we can share and consolidate knowledge, actively drive the development of a viable hydrogen infrastructure in Europe, and offer innovative solutions for decarbonisation. In Hamburg, one of Europe’s largest ports, we are already developing import infrastructure for ammonia and hydrogen and working on retrofitting our tanks for methanol import and distribution.”

Backed by Government and Industry

Supported by the German Federal Ministry for Economic Affairs and Climate Action, TransHyDE 2.0 has established a strong advisory board that includes Dr. Axel Bree. The initiative brings together twelve founding members from across research, business, and industry sectors. Alongside Mabanaft GmbH & Co. KG, founding members include Clean World Hydrogen Consulting GmbH, ENERTRAG SE, and Fraunhofer IEG.

The founding board features key representatives from these organisations, with Dr. Stefan Kaufmann of Clean World Hydrogen Consulting GmbH serving as chairman.

TransHyDE 2.0 extends an open invitation to stakeholders across the energy, policy, and research landscapes to attend its launch event on 6 May 2025 and take part in shaping the future of Europe’s hydrogen infrastructure.

For more information visit www.mabanaft.com

A newly published Jotun report, titled “Maintenance and Corrosion Management in the Global Oil and Gas Industry,” highlights the significant threats posed by fire hazards and corrosion in the oil and gas sector. Based on insights from over 1,000 senior industry professionals, the report underscores the importance of protective coatings and fire prevention strategies in safeguarding critical infrastructure.

Key Findings and Industry Challenges

• Corrosion contributes to fire-related incidents, with failures in equipment, valves, or piping potentially leading to hydrocarbon leaks and ignition.

• 76 percent of professionals cite reducing fire risks as a key driver behind maintenance strategies.

• 56 percent acknowledge corrosion as a fire hazard, yet some underestimate its role in catastrophic incidents.

• Passive Fire Protection (PFP) systems, including cementitious materials and epoxy intumescent coatings, are critical in preventing structural collapse during fires.

The Role of Fire Protection and Corrosion Management

• Preventative maintenance is essential to ensuring fire safety and structural integrity in high-risk environments.

• PFP materials must be properly specified, installed, and maintained to remain effective.

• Epoxy intumescent coatings offer dual benefits by providing fire resistance and corrosion protection, making them an effective repair solution for ageing PFP systems.

Industry Solutions and Recommendations

• Regular maintenance programs are crucial to avoiding PFP degradation and corrosion-related failures.

• Industry organisations, including the Energy Institute and UK Health & Safety Executive, are supporting structured fire protection and corrosion management initiatives.

• Jotun is working with industry groups to raise awareness and improve fire protection standards.

Conclusion

The oil and gas industry faces serious fire and corrosion risks, but proactive asset management strategies can significantly reduce these hazards. By implementing durable fire protection systems, conducting routine maintenance, and increasing awareness, operators can enhance safety, protect assets, and prevent catastrophic incidents.

For more information visit www.jotun.com

The Federation of European Tank Storage Associations (FETSA) represents the bulk liquid and liquefied gas storage sector across Europe. Comprising over 162 companies operating 768 terminals, FETSA plays a central role in Europe’s energy transition, security of supply, and industrial competitiveness. Bulk liquid terminals, strategically located at ports, airports, logistics platforms, and along inland waterways and pipelines, are essential components of the continent’s critical infrastructure.

FETSA is a key stakeholder in shaping European energy policy, advocating for the recognition of bulk storage infrastructure as vital to both legacy fuel systems and emerging energy carriers. As Europe moves toward climate neutrality, FETSA emphasises the need for a technologically neutral strategy that enables the adaptation of existing infrastructure to accommodate future fuels, such as hydrogen and synthetic fuels.

In its recent submission to the EU consultation on energy security reform, FETSA supports reforms that aim to strengthen the resilience of the stockholding system. It advocates for a more robust framework that can withstand a broader range of disruption scenarios, reflecting growing geopolitical uncertainties. FETSA also highlights the need for the EU to reduce energy dependencies, diversify supply routes, and reinforce its strategic autonomy.

At present, EU legislation mandates strategic oil reserves equivalent to 90 days of net imports or 61 days of inland demand. However, there are no similar obligations for gas, LNG, or renewable fuels, such as biofuels, methanol, or ammonia. FETSA calls for an expansion of strategic storage mandates to include these future energy carriers, citing their potential role in stabilising markets during supply disruptions and mitigating foreign leverage over the EU.

The case of the recent gas crisis, compounded by geopolitical tensions, supply interruptions, and infrastructure sabotage, underscores the urgency of enhancing storage capacity. Events such as the Russo-Ukrainian war, AI-driven cyber threats, and climate-induced disruptions to river transport further illustrate the vulnerabilities of Europe’s current energy logistics and storage systems.

FETSA’s recommendations include increasing stockpile sizes, diversifying the product mix, and aligning strategic storage with actual import risks and refining capacities. The organisation also calls for fast-tracked permitting processes for new storage infrastructure, greater public investment, and formal industry-government coordination. Furthermore, it supports a regional approach to stockholding, warning that purely national systems may lead to uncoordinated or protectionist behaviours during crises.

Additionally, FETSA advocates for transparent and practical reporting standards, equitable cost distribution, and stronger safeguards against stock accounting irregularities. Strategic storage, it argues, is a public good that underpins both economic and national security. Finally, FETSA urges regular reviews of stockholding rules to ensure that infrastructure can keep pace with evolving energy needs and technologies.

As Europe navigates the complexities of the green transition and global instability, FETSA asserts that strategic storage is not merely an operational concern but a cornerstone of resilience, autonomy, and long-term competitiveness.

For more information visit www.fetsa.eu

Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel, has signed an agreement to divest its proprietary NAPCON technology to Lummus Technology.

NAPCON encompasses a comprehensive suite of digital solutions, including interactive operator training simulators, game-aided learning systems, real-time process optimisation tools, AI-based process predictors, and real-time process information gathering, monitoring, and analytics. These products have been continuously developed to meet the highest standards of process safety, operational profitability, and production asset competitiveness.

Markku Korvenranta, executive vice president and COO of Neste, commented: “I am thrilled by this announcement. Lummus has the capability to keep NAPCON technology competitive as well as secure the maintenance and development of existing installations for Neste and the broader NAPCON client base. We believe Lummus is the right partner to scale up NAPCON technology and ensure its long-term competitiveness.”

Leon de Bruyn, president and CEO of Lummus Technology, added: “I am grateful for the long-term partnership with Neste, renowned for their industry vision. The acquisition of NAPCON’s digital solutions and the continuation of our partnership with Neste represent transformative steps for Lummus. This move aligns with our strategic vision of integrating cutting-edge AI-driven solutions with process technology to enhance customer operations.”

Neste currently uses NAPCON installations across its production sites to optimise operations, ensure operator competence, and provide critical insights for refinery decision-making. As part of the transaction, the two companies have entered into a long-term service agreement to guarantee the continued maintenance and development of NAPCON systems at Neste facilities. Key personnel associated with NAPCON will also transfer to Lummus to ensure continuity and leverage critical expertise.

Lummus Technology, through its digital arm Lummus Digital and in collaboration with Ferroman, will provide ongoing digital services for NAPCON. Ferroman is a transatlantic provider of digital and engineering solutions for the steel and process industries, specialising in advanced automation, AI-driven optimisation, and green transition services across the Nordics, Middle East, and the Americas.

Lummus Digital, a joint venture between Lummus Technology and TCG Digital, combines process engineering expertise with advanced data science to deliver integrated digital solutions to industrial customers.

For more information visit www.neste.com

This week, Guy Bessant, president of Stolthaven Terminals, visited Taiwan to meet with the team developing the company’s newest facility, Stolthaven Revivegen Terminal Co. Ltd., and to engage in discussions with senior representatives of the Kaohsiung City Government.

During his visit, Bessant presented the Mayor of Kaohsiung City, Mr Chen Chi-mai, with a commemorative gift as a symbol of Stolthaven’s appreciation and to reaffirm the partnership and shared commitment to the city’s ongoing development and growth.

Speaking during the visit, Bessant said: “With our partners in Taiwan, we are building critical infrastructure. And together with our affiliated companies—Stolt Tankers and Stolt Tank Containers—the terminal will further strengthen our capabilities to provide supply chain solutions for local and multinational customers.”

The new terminal forms part of Stolthaven’s broader strategy to expand its presence in Asia and enhance its ability to deliver integrated, efficient, and sustainable logistics solutions across the region.

For more information visit www.stolt-nielsen.com

Baker Hughes, a leading energy technology company, has announced a joint technology development programme with Petrobras to deliver a definitive solution for stress corrosion cracking due to CO2 (SCC-CO2) in flexible pipe systems.

The pre-commercial agreement includes development, testing, and a purchase option for the next-generation flexible pipes, which will be engineered to provide an extended service life of 30 years in high-CO2 environments. The collaboration will be primarily carried out at Baker Hughes’ Rio de Janeiro Energy Technology Innovation Centre and its nearby flexible pipe manufacturing plant.

Addressing SCC-CO2 Challenges in Pre-Salt Fields

First identified in 2016, SCC-CO2 affects flexible pipes in pre-salt fields, where naturally occurring CO2 concentrations are high. If water enters a pipe’s annulus area, it can lead to corrosion of steel reinforcement layers, compromising structural integrity and reducing the lifespan of risers and flowlines.

This issue is particularly relevant in Brazil’s pre-salt fields, where Petrobras is actively reinjected CO2 from production operations to reduce flaring and enhance oil recovery efforts. Petrobras has committed to limiting atmospheric emissions, making carbon capture, utilisation, and storage a critical tool for achieving its sustainability objectives.

Advancing Flexible Pipe Technology

Until now, operators in high-CO2 environments have relied on solutions that mitigate SCC-CO2 impacts while limiting the service life of risers and flowlines. Baker Hughes’ flexible pipe systems and advanced monitoring technologies have proven effective in minimizing SCC-CO2 effects, and the company remains a key supplier of flexible pipe systems

For more information visit www.bakerhughes.com

Benko Products, Inc., a leading manufacturer of truck and railcar loading safety equipment, has recently engineered a bespoke foundationless railcar platform to address the unique loading challenges of a key client.

The client required a safer, more efficient method for operators to access the tops of liquid railcars, which remained coupled throughout the loading process. Traditional safety cage systems proved unsuitable due to inconsistent crashbox configurations and the limited spacing between railcars.

In response, Benko Products developed a single-pedestal platform featuring a tracking safety bridge and a spring-operated fold-down ramp. This innovative design not only reduces the need for costly foundations, but also enables operators to access any point along the 13-foot platform with ease—eliminating the risks associated with climbing railcars while carrying tools.

To further enhance safety, the platform incorporates a fall restraint system with an overhead trolley beam, providing complete mobility and meeting OSHA’s 5,000-pound tie-off requirements.

This tailored solution demonstrates Benko’s commitment to delivering application-specific safety systems. The project also underscores the critical importance of considering variables such as fall clearance, secure tie-off capabilities, and chemical exposure when selecting fall protection equipment for rail and truck loading environments.

For more information visit www.benkoproducts.com

bp has safely loaded the first cargo of liquefied natural gas for export from its Greater Tortue Ahmeyim Phase 1 project, located offshore Mauritania and Senegal. This milestone follows the announcement earlier this year of the project’s first gas flow.

The first LNG cargo from GTA marks bp’s third upstream major project start-up in 2025 and is part of the company’s plan to deliver 10 major projects by the end of 2027, in line with its strategy to grow its upstream oil and gas business.

Gordon Birrell, executive vice president of production & operations at bp, commented: “This first cargo from Mauritania and Senegal marks a significant new supply for global energy markets. Starting exports from GTA Phase 1 is an important step for bp and our oil and gas business as we celebrate the creation of a new production hub within our global portfolio. This is the culmination of years of work from the entire project and operations teams. Congratulations to all who were involved in safely reaching this landmark. I would also like to thank the governments of Mauritania and Senegal, and our partners – Kosmos Energy, PETROSEN and SMH – for their ongoing support and collaboration.”

The initial shipment of LNG was transferred to a carrier from the project’s floating liquefied natural gas vessel located approximately 10 kilometres offshore, where the natural gas had been cryogenically cooled, liquefied, and stored.

GTA is one of Africa’s deepest offshore developments, with gas resources situated in water depths reaching up to 2,850 metres. Recognised as a “project of strategic national importance” by the governments of Mauritania and Senegal, GTA Phase 1 is expected, once fully commissioned, to produce around 2.4 million tonnes of LNG per year. Allocations of gas volumes are also planned for domestic markets in Mauritania and Senegal when ready.

Dave Campbell, senior vice president for Mauritania and Senegal at bp, added: “This is a very proud day for Mauritania and Senegal. Throughout the development of this project, we have built strong relationships with the project’s host governments, local communities and our partners, and we look forward to strengthening these in years to come as we continue ongoing operations.”

bp entered Mauritania and Senegal in 2017. Since then, GTA construction activities have generated over 3,000 local jobs and engaged approximately 300 local companies across the two countries.

For more information visit www.bp.com

Vopak, a global leader in tank storage, has been helping the world flow forward for over 400 years. This year, Vopak North America proudly marks 50 years of industry leadership, celebrating a legacy of resilience, innovation, and commitment to safe and sustainable storage solutions.

From its beginnings as Paktank Gulf Coast, Vopak North America has grown into one of the most trusted names in independent tank storage. Over the past five decades, the company has played a vital role in the logistics of liquid bulk storage, continually evolving through strategic expansions, technological advancements, and a steadfast focus on safety and sustainability.

“Vopak North America’s 50-year journey is a testament to resilience, adaptability, and our unwavering commitment to providing safe and sustainable storage solutions,” said Maria Ciliberti, president, Vopak US and Canada. “We are proud of our history and excited for the future as we continue to shape the industry and support the evolving needs of our customers.”

A Legacy of Excellence: From Paktank Gulf Coast to Vopak North America

Vopak North America’s journey began on December 4, 1975, with the incorporation of Paktank Gulf Coast. Established to meet the growing demand for reliable bulk liquid storage in the petrochemical and oil sectors, the company quickly built a strong presence along the U.S. Gulf Coast, particularly in the Houston Ship Channel.

A major milestone came in 1999 when Paktank Gulf Coast became part of Royal Vopak, following the merger of two Dutch logistics firms, Van Ommeren and Pakhoed. This consolidation created the world’s largest independent tank storage provider and propelled Vopak North America onto a path of accelerated growth and global connectivity.

Expansion, Innovation, and Sustainability

During the early 2000s, Vopak North America pursued a dynamic expansion strategy, acquiring new terminals, increasing storage capacity, and investing heavily in technological advancements. The company introduced automation, digital monitoring systems, and enhanced safety protocols, significantly improving operational efficiency and reducing risks.

Vopak North America has also remained a leader in sustainability. The company has invested in emissions control, alternative energy solutions, and initiatives to lower its environmental impact, aligning with global efforts to create a more sustainable energy sector.

Pioneering the Future of Energy Storage

In recent years, Vopak North America has expanded its portfolio beyond traditional energy products, playing a crucial role in storing and handling renewable energy sources such as hydrogen, ammonia, and liquefied natural gas. The company has embraced digitalisation with real-time monitoring and AI-driven predictive maintenance systems, further enhancing operational safety and efficiency.

With a strong commitment to reducing its carbon footprint and promoting circular economy practices, Vopak North America continues to upgrade its facilities with eco-friendly technologies and state-of-the-art safety systems.

Looking Ahead: Innovation, Growth, and Leadership

As it enters its next chapter, Vopak North America remains dedicated to innovation, sustainability, and operational excellence. The company is exploring new markets, forging strategic partnerships, and investing in emerging energy solutions to maintain its leadership in independent tank storage.

With a foundation built on 50 years of excellence and a vision for the future, Vopak North America is poised to continue leading in a rapidly evolving global energy landscape.

For more information visit www.vopak.com

Tank and terminal operators face a complex interplay of push-pull factors in both daily operations and long-term business strategies. Balancing short-term demands with long-term investment remains a constant challenge, particularly when managing budget constraints. However, predictive maintenance offers a forward-thinking approach that enhances operational efficiency and delivers lasting benefits.

Staying Ahead with Predictive Maintenance

Traditionally, asset maintenance has relied on either periodic inspections or reactive repairs. This means storage tanks are either serviced on a fixed schedule—sometimes prematurely—or only repaired when a problem becomes too severe to ignore. Both methods present inefficiencies, including unnecessary site visits, customer downtime, and costly failures that pose serious safety risks.

Predictive maintenance provides a smarter alternative by allowing operators to allocate resources more effectively. Instead of adhering to fixed maintenance schedules or reacting to unforeseen failures, predictive strategies use real-time data to optimise maintenance planning. Operators can monitor tank integrity, corrosion levels, and mechanical wear, enabling them to make data-driven decisions about when and where maintenance is required.

However, many operators struggle with fragmented data, which is often scattered across multiple systems, limiting their ability to extract meaningful insights. Centralised platforms that consolidate this information are proving to be game-changers, as they enable predictive maintenance to evolve into a reliable, actionable strategy that reduces costs while improving efficiency.

Proactive, Data-Driven, and Sustainable Maintenance

A smarter approach to maintenance means making each inspection more targeted and insightful. By leveraging real-time monitoring tools, operators can identify degradation patterns and anticipate potential issues before they lead to failures. This approach:

• Optimises service intervals to prevent unnecessary maintenance.

• Enhances safety by reducing the risk of unexpected failures.

• Reduces downtime and improves asset availability.

• Improves cost efficiency by streamlining operational budgets.

Predictive maintenance is not just about cost reduction; it represents a fundamental shift in how asset management is approached. Reducing unnecessary site visits and optimising maintenance schedules contributes to a safer, more sustainable work environment. With automation minimising high-risk manual inspections, worker safety improves while operational efficiency increases.

Standardization: The Key to Reliable Predictive Maintenance

One of the key challenges in predictive maintenance is ensuring consistency. Without standardised processes, data can become unreliable, leading to poor decision-making. Establishing clear methodologies for inspections, assessments, and repairs is critical to maximising the benefits of predictive strategies.

One solution that supports standardisation is the Asset Condition Monitor (ACM). This tool enables operators to:

• Standardise visual inspections and track asset conditions over time.

• Automate compliance calculations for industry standards such as API 653 and EEMUA 159.

• Integrate inspection records with intelligent recommendations, allowing operators to scope work more accurately and proactively manage schedules.

Predictive Maintenance: The Future of Asset Management

By addressing structured workflows and implementing configurable checklists, predictive maintenance ensures that every inspection follows a uniform process. This enables operators to track trends over time, compare historical data, and make informed maintenance decisions.

As digital tools continue to advance, predictive maintenance is poised to become the industry standard rather than an exception. By embracing technology-driven solutions, tank and terminal operators can move beyond routine checkups and reactive fixes towards a smarter, more strategic approach to asset management.

For more information visit www.falcker.com

Swiss aviation technology firm Metafuels AG is set to open a new production facility for synthetic sustainable aviation fuel at the Port of Rotterdam, marking a significant milestone in the commercialisation of its proprietary aerobrew methanol-to-jet technology.

Metafuels is partnering with Evos Rotterdam to advance development of the plant, named Turbe. Evos, one of Europe’s leading storage companies for liquid energy and chemicals, brings vital infrastructure and operational expertise to the collaboration, underlining its commitment to supporting innovative energy solutions.

This latest project builds on Metafuels’ growing presence across Europe, following the recent announcement of Pizol, a planned production facility in Denmark. Initially, the Rotterdam site will produce 12,000 litres of e-SAF per day, with a second-phase expansion set to increase capacity tenfold to 120,000 litres per day.

Strong Investment Backing and Infrastructure

Metafuels’ rapid expansion is supported by robust financial backing, having raised $22 million in just over two years. This includes a $5 million grant from the Swiss Federal Office of Energy, positioning the company among the best-funded SAF startups in Europe.

The Evos Rotterdam terminal—Europe’s largest ethanol storage provider and a dedicated multimodal methanol hub—offers full connectivity by vessel, barge, truck and rail. The facility can store renewable methanol that meets International Methanol Producers and Consumers Association (IMPCA) standards, making it an ideal location for Metafuels’ operations.

Advanced Technology for Scalable, Low-Carbon Aviation Fuel

Metafuels’ patented aerobrew process converts renewable methanol into jet fuel with high energetic efficiency and ultra-high carbon conversion, resulting in a drop-in fuel that reduces lifecycle emissions by up to 90 percent compared to conventional jet fuel. Crucially, it requires no changes to existing aircraft or airport infrastructure.

The technology is flexible, capable of processing both bio-methanol—derived from biological waste—and e-methanol, produced using renewable electricity and captured carbon. This versatility enables the production of both bio-SAF and e-SAF, or a combination of the two, in response to market dynamics.

The need for such innovation is critical. Aviation currently accounts for more than 2 percent of global carbon dioxide emissions—approximately 800 million tonnes. When additional greenhouse gases and climate factors are considered, the sector’s total contribution to global warming increases to around 3.5 percent.

Aligning with EU Net-Zero Mandates

Development of the Turbe facility is progressing steadily, with key milestones already achieved. The next step is the launch of front-end engineering and design, with a final investment decision expected in mid-2026.

The project supports major European decarbonisation initiatives, including RefuelEU Aviation and the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). Synthetic SAF is expected to play a pivotal role in meeting the EU’s climate goals, with the bloc’s sub-mandate for synthetic fuels set to begin at 1.2 percent in 2030 and increase to 35 percent by 2050.

Leadership Commentary

Saurabh Kapoor, CEO of Metafuels, stated:
“We have made excellent progress with our technology, and this first-of-a-kind commercial plant represents a major step forward in its deployment. We are very excited about our cooperation with Evos as we work towards delivering the Turbe project. Europe has ambitious decarbonisation targets, but without scalable and affordable SAF production, aviation will struggle to keep up.”

Christiaan Kop, managing director at Evos Rotterdam, added:
“Metafuels is addressing one of the aviation sector’s most urgent challenges. With our infrastructure and operational expertise, we are well positioned to support this sustainable aviation fuel project. This partnership reflects our commitment to scalable, efficient solutions that will drive the industry’s net-zero transition.”

Boudewijn Siemons, CEO of the Port of Rotterdam, also welcomed the development:
“We are delighted that Metafuels has chosen Rotterdam for this new e-SAF facility. Their partnership with Evos and use of existing methanol infrastructure supports our climate goals and strengthens the port’s position as a leading renewable fuels hub.”

This development signals a major step in Europe’s efforts to decarbonise aviation and establishes Rotterdam as a key player in the future of sustainable flight.

For more information visit www.evos.eu

Stolthaven Terminals has announced a partnership with Rönesans Holding to jointly develop a new terminal located in Ceyhan, Adana, Türkiye. The facility forms part of a large-scale development project valued at US $2 billion, which also includes a polypropylene production plant to be developed separately by Rönesans Holding. The plant is expected to have an annual production capacity of 472,500 metric tonnes, meeting approximately 17 percent of Türkiye’s PP demand.

The new terminal will feature a deep-sea jetty and feedstock storage services for the adjacent PP plant, incorporating advanced environmentally sustainable technologies to enhance efficiency. Situated within the Ceyhan Energy Specialised Industrial Zone, the terminal will also be ideally positioned to offer efficient and competitive storage and handling services to other customers in southern and central Türkiye. Plans are in place to expand the facility into a chemical terminal to support the future growth of the industrial zone.

Türkiye is one of the world’s largest importers of polypropylene, a versatile commodity used across a range of industries including textiles, automotive, and packaging. The development will boost Türkiye’s domestic production and distribution capabilities, reducing reliance on imports, and represents one of the largest private sector investments in the country.

Guy Bessant, president of Stolthaven Terminals, commented: “We are pleased to partner with Rönesans Holding on this landmark project. With more than 50 years of experience in the safe and efficient handling of bulk liquids and gases, and expertise in large-scale developments, Stolthaven Terminals is well positioned to deliver this critical infrastructure. This terminal will not only serve the Ceyhan PP Plant but could also provide future storage and logistics solutions for local and international companies operating in the region.”

Erman Ilıcak, president of Rönesans Holding, added: “This development exemplifies our commitment to sustainable, high-impact investments that support Türkiye’s economic and industrial ambitions. The Ceyhan PP Plant will create hundreds of new jobs and secure a more resilient and competitive supply chain for polypropylene across Türkiye and Europe.”

For more information visit www.stolt-nielsen.com

JERA Co., Inc. and Saibu Gas, the largest gas company in Kyushu and one of Japan’s top-four gas utilities, have signed a strategic agreement to enhance the utilisation of the Hibiki LNG Terminal. The partnership aims to strengthen stable LNG procurement and support the global growth ambitions of both companies’ energy businesses.

Located in Kitakyushu, the Hibiki LNG Terminal is set for expansion with the addition of a third storage tank, offering 230,000 cubic metres of capacity. Saibu Gas will invest in the development, with construction scheduled to begin in summer 2025 and commissioning expected in the first half of FY2029.

Under the agreement, JERA will utilise the expanded capacity to better manage fluctuations in LNG supply and demand, responding more flexibly to changes in electricity needs. The reciprocal LNG sharing framework established through the partnership will further stabilise energy supplies for both companies. Additionally, the terminal’s strategic location will position it as a key hub for business expansion across Asia and support broader decarbonisation efforts within Japan and the region.

For more information visit www.jera.co.jp

Storagetech™, a global leader in designing and manufacturing storage tank equipment, is proud to announce the successful completion of a tailor-made external floating roof mechanical seal order for Saudi Aramco Jubail Refinery Company (SASREF) in the Kingdom of Saudi Arabia.

Storagetech™ was responsible for the design, material supply, fabrication, packaging, and installation supervision of scissor-type primary, secondary, and fabric mechanical shoe seals for three storage tanks with diameters of 60.96m, 43.89m, and 29.26m. The project required customised solutions to accommodate SASREF’s existing tank configurations and seal orientation, ensuring a precise fit for their operational needs.

The project was carried out in strict compliance with the latest API (American Petroleum Institute) standards, ensuring a high-performance sealing system that enhances safety, minimises emissions, and improves tank efficiency. The project also plays a crucial role in minimising vapour loss and emission control, aligning with Saudi Vision 2030’s commitment to environmental protection. By implementing advanced sealing technologies, Storagetech™ contributes to the safety of operations while protecting the environment from harmful emissions.

With extensive expertise, Storagetech™ supplied mechanical shoe seals made from PTFE-coated woven fibreglass fabric to enhance chemical resistance and temperature endurance. The solution was carefully designed to withstand harsh environmental conditions and volatile hydrocarbons while maintaining peak performance.
A key factor in the success of this project was Storagetech™’s ability to tailor solutions to client requirements. Working closely with SASREF, Storagetech™ ensured seamless integration of the sealing systems into the refinery’s existing tanks.

“This project underscores our commitment to delivering high-quality, customised tank sealing solutions that meet the most stringent industry standards,” said Can Öcal, Marketing & Communication Manager at Storagetech™. Our R&D team is continuously working on various material performance studies and real-time seal performance tests to ensure our products meet the highest industry benchmarks. “We take pride in our ability to provide SASREF with a high-performance sealing system that ensures safety, efficiency, and compliance with API regulations.”

With over 40 years of experience in mechanical seal and storage tank equipment manufacturing, Storagetech™ provides innovative solutions for oil & gas, petrochemical, water, and industrial applications worldwide. “Storagetech™ also operates a company in KSA Dammam to provide dedicated local support for our customers in the region,” said Ahmed Abdalaziz, KSA sales engineer at Storagetech™.

For more information visit www.storagetech.de

TotalEnergies has entered into a sales and purchase agreement with Norwegian energy investment firm HitecVision for the sale of a 50 percent stake in Polska Grupa Biogazowa, Poland’s leading biogas company. The deal, valued at an enterprise worth of €190 million, marks a strategic partnership aimed at accelerating the growth of Poland’s biogas sector.

PGB, founded in 2007 and acquired by TotalEnergies in 2023, currently operates 20 biogas units across Poland with a production capacity exceeding 450 GWh of biomethane equivalent. The company primarily produces electricity and heat through combined heat and power systems and is actively developing two additional facilities. With ambitions to expand into biomethane production, PGB aims to achieve a production capacity of 2 TWh of biomethane equivalent by 2030.

Strategic Alignment and Market Opportunity

The transaction reflects TotalEnergies’ broader strategy of forming strategic partnerships to support renewable energy growth while optimising the return on its investments.

“We are delighted to welcome HitecVision as a partner in biogas production in Poland,” said Stéphane Michel, president of gas, renewables & power at TotalEnergies. “This transaction will enable PGB to continue its growth in a country where biogas is rapidly developing. It is in line with the partial sale business model applied to our renewable assets, allowing us to maximise the profitability of our investments.”

For HitecVision, the acquisition aligns with its New Energy programme, which prioritises investments in biogas and biomethane to support energy transition goals across Europe.

“Biogas and biomethane are at the heart of HitecVision’s New Energy programme, and Poland represents a unique market opportunity to pursue profitable growth while contributing to the decarbonisation of Poland and the EU,” said Erlend Ellingsen, CEO and Managing Partner of HitecVision. “TotalEnergies has a well-established industrial footprint in Poland, and as partners, we have complementary skills that we will jointly implement to significantly expand PGB over the coming years, through projects in development as well as mergers and acquisitions.”

A Growing Sector in a Key European Market

The partnership between TotalEnergies and HitecVision underscores the growing importance of biogas in the EU’s broader decarbonisation efforts and Poland’s own energy transition goals. As the country continues to scale up renewable energy adoption, investments such as this one position PGB to play a central role in shaping a cleaner, more resilient energy future for Poland.

For more information visit www.totalenergies.com

BW Energy has confirmed a substantial oil discovery at the Bourdon prospect in the Dussafu Licence offshore Gabon, following the successful drilling of the second sidetrack, DBM-1 ST2. The appraisal well has demonstrated good reservoir and fluid quality, supporting the initial discovery announced on 7 March 2025. Management estimates indicate approximately 56 million barrels of oil in place, with around 25 million barrels considered recoverable.

“The appraisal well confirms the potential for establishing a new development cluster with a production facility following the MaBoMo blueprint. We expect at least four producing wells,” said Carl K. Arnet, CEO of BW Energy. “We continue to successfully expand the Dussafu reserve base which, together with multiple additional prospects yet to be drilled, will support long-term production and value creation in Gabon.”

Initial data from the appraisal shows that oil from the Bourdon field has the lowest viscosity among Dussafu discoveries, with an average measurement of 3.5 centipoise, compared to 5 cp and 7 cp at the Hibiscus/Tortue and Ruche fields, respectively.

Logging data and formation pressure measurements confirm approximately 11.2 metres of pay within an overall hydrocarbon column of 35.2 metres in the Gamba formation. The DBM-1 ST2 well was drilled by the Norve jack-up rig to a total depth of 4,731 metres.

The Bourdon discovery is located approximately 15 kilometres west of the FPSO BW Adolo and 7.5 kilometres southeast of the MaBoMo facility. The find will enable BW Energy to book additional reserves not included in its 2024 Statement of Reserves.

For more information visit www.bwenergy.no

For Isral Wright, working in the Gulf of America has demonstrated how success can be carried forward from one project to the next. Following his contribution to the industry-first Anchor Project, Wright has played a key role in bringing Chevron’s latest deepwater development, Ballymore, to first oil.

“Both projects are growing Chevron’s production in the region,” said Wright, Ballymore subsea hardware and installation engineer. “Getting them online is a big step forward.”

Maximising Efficiency Through Subsea Tiebacks

Ballymore, which achieved first oil on 20 April, is a deepwater oil field developed as a subsea tieback. Connected via a subsea flowline to Chevron’s existing Blind Faith facility approximately three miles away, the project enables Chevron to expand production without the need for a new platform. This tieback approach reduces development costs and accelerates the timeline for bringing production online.

A subsea tieback connects offshore oil and gas fields to existing infrastructure, facilitating efficient resource development. Ballymore’s integration with Blind Faith is a prime example of Chevron’s strategy to do more with less, capitalising on existing assets to drive production growth.

Strengthening Domestic Supply

Bringing the Ballymore Field online marks a significant milestone for Chevron. With first oil destined for Chevron’s Pascagoula Refinery, the project strengthens the domestic supply within the Gulf Coast refining network, supporting long-term energy security.

Ballymore is expected to produce up to 75,000 gross barrels of oil per day, with Chevron holding a 60 percent operating interest.

Highlighting the importance of projects like Ballymore, Wright said, “The world population has been increasing at a steady clip for a while, and this means there’s going to be a growing need for energy. To meet that demand, we need to have a portfolio of many different options, and this is one of them.”

Continued Growth in the Gulf

Ballymore and Anchor represent just part of Chevron’s expanding Gulf of America portfolio. Production at the Whale Project, where Chevron has a non-operating interest, commenced in mid-2024. Additionally, the company initiated water injection projects at the Tahiti and Jack/St. Malo facilities to boost output.

Chevron’s deepwater strategy focuses on the exploration and development of resources near existing assets, with a target to reach 300,000 net barrels of oil-equivalent per day in the Gulf by 2026.

Low-Carbon Production

The Gulf of America hosts some of the lowest carbon intensity producing assets in Chevron’s global portfolio, reinforcing the company’s commitment to delivering energy with a lower environmental footprint.

Building on Experience

Operating safely since 2008, Blind Faith continues to provide a reliable platform for Chevron’s operations. Ballymore benefited from standardised equipment designs and repeatable engineering solutions, with lessons from the Anchor Project applied to streamline its development.

Reflecting on the achievement, Wright noted the satisfaction of seeing both projects realised after years of effort. “It’s nice to see,” he said, adding of Anchor: “It’s kind of cool to know I was a part of something that has never been done before.”

For more information visit www.chevron.com

Osaka Gas Co., Ltd. president and CEO: Masataka Fujiwara has announced its entry into India’s renewable energy sector through a partnership with Clean Max Enviro Energy Solutions Pvt. Ltd., a leading supplier of renewable energy solutions to the commercial and industrial sector in India. This initiative marks the Daigas Group’s first venture into India’s renewable energy market, reinforcing its commitment to sustainable energy expansion and decarbonisation.

India’s Growing Renewable Energy Market

India’s rapid economic growth has led to a significant rise in long-term power demand. With abundant solar irradiation and favourable wind conditions, the Indian government has set an ambitious target of 500 GW of renewable energy capacity by 2030. To achieve this goal, comprehensive support measures have been introduced to encourage investment and innovation in the renewable energy sector.

By partnering with Clean Max, Osaka Gas aims to leverage its experience in energy infrastructure and expand its presence in India’s evolving energy landscape. This collaboration builds on the Daigas Group’s existing City Gas Distribution business in India and aligns with its strategy to support economic growth while advancing decarbonisation efforts.

Joint Business Structure

Osaka Gas and Clean Max will jointly develop and operate renewable energy projects in India through a newly established framework:

Formation of a Japanese Consortium – Osaka Gas Singapore, a wholly owned subsidiary of Osaka Gas, will partner with the Japan Bank for International Cooperation (JBIC) to establish a Japanese investment consortium.
Creation of Clean Max Osaka Gas Renewable Energy Pvt. Ltd. (CORE) – Osaka Gas, through the consortium, will establish a joint venture company with Clean Max, to which selected renewable energy projects owned by Clean Max will be transferred.
Development of 400MW of Renewable Energy Assets – CORE will develop new renewable energy projects, with a target of owning approximately 400 MW of renewable assets within the next three years.

Power Supply to C&I Customers via Corporate PPAs – Through direct Corporate Power Purchase Agreements (PPAs), CORE will supply renewable energy to commercial and industrial customers via the power grid, supporting their decarbonization goals.

Osaka Gas’ Role and Future Expansion

Osaka Gas will leverage its expertise in energy infrastructure development and operations to support CORE’s success, particularly in areas such as Corporate PPA customer acquisitions. Additionally, the company plans to explore further collaboration with Clean Max beyond this initial venture, including potential projects in green hydrogen, e-methane, and other emerging energy solutions.

In its Medium-Term Management Plan 2026: “Connecting Ambitious Dreams (Plan 2026),” the Daigas Group reaffirmed its commitment to accelerating business expansion in the Asian market through renewable energy projects and energy infrastructure developments. This initiative aligns with the Group’s broader mission to support Asia’s economic development while advancing its decarbonisation goals.

With this strategic partnership, Osaka Gas takes a significant step in its global renewable energy expansion, positioning itself as a key player in India’s clean energy transformation.

For more information visit www.osakagas.co.jp

Plains Midstream Canada, a subsidiary of Plains All American, has officially celebrated the successful startup of its natural gas liquids fractionation facility in Fort Saskatchewan, Alberta, marking a significant milestone for both the company and the province’s energy sector.

Developed using existing infrastructure and with strategic support from Invest Alberta and other partners, the facility provides a quick-to-market solution for customers. With an investment exceeding $200 million, the project generated over 350 jobs during construction and enhances the integration and connectivity of Plains’ NGL value chain across the region.

This expansion underscores Alberta’s continued leadership in energy production and processing, while reinforcing the province’s appeal as a destination for long-term investment.

Government and Industry Leaders Celebrate the Milestone

The project has drawn praise from Alberta’s political leadership, highlighting its economic and strategic value.

Premier Danielle Smith remarked:

“Alberta is proud to be a global leader in energy. This expansion by Plains is a powerful example of how companies continue to choose Alberta for its strong workforce, reliable infrastructure, and pro-investment climate. It’s another vote of confidence in our province’s future and great news for our economy.”

Brian Jean, minister of energy and minerals, emphasised the project’s alignment with Alberta’s energy ambitions:

“Alberta has some of the largest natural gas and natural gas liquids reserves in the world. Projects like this one are a key part of making Alberta a supplier of low-emissions energy and the petrochemical-based products that define modern life. We congratulate Plains on advancing the natural gas liquids supply chain that will make Alberta and its Industrial Heartland a global petrochemical leader.”

Matt Jones, minister of Jobs, Economy and Trade, echoed these sentiments:

“Despite international economic uncertainty, Alberta’s pro-business environment continues to draw world-class companies to our province. Plains’ investment in Alberta sends a clear message – investing in Alberta isn’t just forward-thinking, it’s good business.”

From the company’s perspective, the expansion represents a continuation of Plains’ long-standing commitment to providing vital midstream services.

Michelle Podavin, president of Plains Midstream Canada, said:

“Alberta’s Western Canadian Sedimentary Basin is one of the key resource growth basins across North America. Plains is proud to provide essential midstream infrastructure solutions to its customers and celebrate this expansion in Alberta.”

Rick Christiaanse, CEO of Invest Alberta, concluded:

“Alberta’s energy sector is more important than ever. This expansion by Plains demonstrates the long-term value of welcoming investments into Alberta as the benefits continue to flow, years after the initial investment was made. We are thrilled to celebrate this contribution to the Alberta economy while creating jobs for Albertans.”

The launch of this facility further solidifies Alberta’s position as a hub for NGL production and petrochemical innovation, supporting economic growth and job creation while enhancing Canada’s energy infrastructure.

For more information visit www.investalberta.ca

CB&I, together with a consortium including Shell International Exploration and Production, Inc., GenH2, and the University of Houston, has announced the successful completion of a first-of-its-kind, affordable, large-scale liquid hydrogen storage tank concept. Developed at NASA’s Marshall Space Flight Center in Huntsville, Alabama, the concept aims to support international import and export applications for liquid hydrogen.

Mark Butts, president and CEO of CB&I, highlighted the significance of the project, stating, “Our collaboration with this world-class project team will help provide a path to low-cost, large-scale liquid hydrogen storage. We are proud to leverage our six decades of experience with cryogenic insulation and storage to advance innovative solutions for the energy transition market.”

The project, launched in 2021 and supported by the US Department of Energy (DOE), introduced a novel non-vacuum tank design for large-scale LH₂ storage—up to 100,000 cubic metres—offering a substantial cost advantage over traditional vacuum-insulated tanks. The concept is currently being demonstrated through the construction, start-up, and testing of a small-scale LH₂ tank at NASA MSFC.

Theo Bodewes, general manager of Hydrogen Technology at Shell, remarked, “At Shell, we believe in the power of collaboration to advance technology and scale up innovative solutions. With the invaluable support from the DOE, this project demonstrates how experts from industry, academia, and government can solve complex technology challenges.”

The demonstration tank will notably increase MSFC’s hydrogen test facility storage capacity and will serve as a platform to test material behaviour under cryogenic conditions. In addition to a six-month test programme, a Space Act Agreement among the project partners allows MSFC to utilise the tank over a five-year period, with CB&I and Shell continuing to develop and test new insulation technologies.

James Fesmire, chief architect at GenH2, noted, “We take pride in participating in this industry collaboration to advance commercial liquid hydrogen storage applications. This initiative has allowed us to develop testing capabilities for thermal insulation systems and produce essential data for unlocking the global potential of liquid hydrogen.”

Dr. Ramanan Krishnamoorti, vice president of energy and innovation at the University of Houston, added, “The ability to store liquid hydrogen at scale using a non-vacuum design is a pivotal advancement and opens the door to a more flexible, affordable global hydrogen trade infrastructure.”

Dr. Sunita Satyapal, director of the DOE’s Hydrogen and Fuel Cell Technologies Office, praised the collaboration, stating, “This first-of-its-kind concept is a great example of unleashing American energy innovation. This work can contribute to America’s leadership in growing global markets for hydrogen and hydrogen-based fuels.”

CB&I’s long history with NASA dates back to the 1960s, when it built the first LH₂ sphere with a capacity of 170 cubic metres. Over the last sixty years, CB&I has increased that threshold to 5,000 cubic metres, with the latest tank completed in 2022 for NASA’s Artemis programme. In total, CB&I has completed over 130 LH₂ storage vessels, reinforcing its longstanding partnership with NASA and its contribution to landmark space missions, including Apollo and Gemini.

For more information visit www.cbi.com

Hanseatic Energy Hub has announced key changes to its management team to support the construction and commissioning of Germany’s first land-based terminal for liquefied gases in Stade, while also preparing for the LNG spot market and accelerating the transformation towards hydrogen-based energy solutions.

Arjen Schampers has been appointed CEO to oversee the construction phase, while Jan Themlitz has transitioned into the role of COO to lead the hub’s strategic development.

Arjen Schampers brings more than 25 years of experience managing large-scale infrastructure and energy projects. He has held senior leadership positions in the offshore wind and energy sectors, including as Managing Director of Merkur Offshore GmbH, where he successfully led the construction and operation of one of Germany’s largest offshore wind farms. Additionally, he has served on the boards of Greenlink Interconnector Ltd. and North Star Shipping Ltd., gaining extensive expertise in international energy infrastructure. His proven track record in delivering complex projects positions him well to guide the Stade terminal through its critical construction and commissioning stages.

The Stade terminal will initially handle imports of LNG, synthetic natural gas, and liquefied biomethane, and is designed to accommodate ammonia in the future as a carbon-neutral energy carrier derived from hydrogen. Situated at the Stade industrial site, the terminal benefits from strong synergies across the chemical, logistics, and energy industries, providing an ideal foundation for a modern energy hub.

The HEH management board now comprises Arjen Schampers as CEO, Jan Themlitz as CCO, Axel Zwanzig as CFO, and Alejandro Marjalizo Martinez as chief technical and operations officer , who is contributing LNG technical expertise to the construction of the terminal. Together, the leadership team is advancing HEH’s mission to secure Europe’s energy supply and support the transition to a CO₂-neutral energy future.

For more information visit www.hanseatic-energy-hub.de

bp and Apollo have announced an agreement for Apollo-managed funds to acquire a 25 percent non-controlling stake in BP Pipelines Ltd – bp TANAP, the bp subsidiary holding bp’s 12 percent interest in TANAP. The Trans-Anatolian Natural Gas Pipeline transports natural gas from Azerbaijan across Türkiye, forming a crucial link in the Southern Gas Corridor.

Under the agreement, Apollo-managed funds will purchase the non-controlling shareholding in bp TANAP for approximately $1.0 billion. The proceeds from this transaction will contribute towards bp’s broader programme to generate $20 billion in divestments and other proceeds.

While the deal enables bp to monetise a portion of its TANAP interest, the company will retain its controlling shareholding in bp TANAP and maintain a long-term strategic and commercial role, including governance rights in the pipeline. The transaction is expected to close in the second quarter of 2025, subject to regulatory and TANAP shareholder approvals.

Strengthening a Strategic Partnership
William Lin, bp executive vice president, gas & low carbon energy, welcomed the deepening collaboration with Apollo:

“We are pleased to extend our partnership with Apollo and to deepen our collaboration in this key piece of energy infrastructure for Europe. This transaction unlocks capital from our global portfolio while ensuring our continued role in a strategic asset that facilitates the delivery of Azerbaijani gas to Europe. bp and Apollo will continue to explore further opportunities for cooperation and mutually beneficial partnerships.”

TANAP’s Role in Europe’s Energy Infrastructure
TANAP, which extends approximately 1,800 km across Türkiye, forms the central section of the Southern Gas Corridor. The pipeline transports gas from the bp-operated Shah Deniz gas field in the Azerbaijan sector of the Caspian Sea to European markets, including Italy and Greece.

This agreement follows bp and Apollo’s previous collaboration on the Trans Adriatic Pipeline (TAP)—the final leg of the SGC, which was completed in November 2024. The two companies are actively exploring additional partnership opportunities across infrastructure, gas, and low-carbon energy assets.

Apollo’s Long-Term Investment in Energy Infrastructure
Apollo partners Skardon Baker and Leslie Mapondera highlighted the strategic importance of this investment:

Skardon Baker, Apollo Partner, stated: “We see significant potential with our scaled, long-term capital to partner with bp in alignment with their strategic objectives. We are pleased by the highly successful partnership to date.”
Leslie Mapondera, Apollo Partner, added: “We value the opportunity for our funds to further collaborate with bp on this critical European infrastructure asset. This investment underscores Apollo’s commitment to high-quality, large-scale infrastructure opportunities in Europe.”

Looking Ahead
With this latest transaction, bp and Apollo continue to build on their successful partnership, reinforcing their shared commitment to supporting essential energy infrastructure. As the global energy landscape evolves, both companies remain focused on exploring further strategic opportunities in natural gas, low-carbon energy, and infrastructure investments.

For more information visit www.bp.com