Doornbos Equipment UK has announced a new leadership structure for KOKS Group’s UK operations. Steve Buxton and Gavin Beedle will now jointly oversee the UK operations, effective immediately. Both leaders bring extensive experience to their roles and will report directly to CEO Rick Koks, playing a key role in advancing the company’s growth strategy.

This restructuring marks an important milestone in fostering collaboration across KOKS Group companies in the UK, including AQ-RENT | Rental of industrial cleaning equipment, Doornbos Equipment UK, and ROM UK. The unified approach aims to strengthen the company’s market presence and enhance operational synergy.

The company also expressed gratitude to James McCullagh for his years of dedication and service and wished him well in his future endeavours.

This leadership change aligns with KOKS Group’s broader vision to expand its UK footprint and improve operational efficiency. While customers will continue to engage through the usual channels, they will benefit from a more integrated and streamlined organisation.

For more information visit www.doornbosequipment.co.uk

Stolt Tankers has announced the expansion of its Stolt NYK Asia Pacific Services pool with the addition of SU Navigation, in collaboration with NYK Line and ENEOS Ocean. This partnership aligns with Stolt Tankers’ strategy of pursuing asset-light fleet growth alongside trusted partners, aimed at improving both operational efficiency and profitability.

Maren Schroeder, president of Stolt Tankers, commented on the partnership, stating, “By adding tonnage from SU Navigation, a top-tier platform, Stolt Tankers reinforces its commitment to delivering superior value in a competitive market. Combining the expertise and resources of Stolt Tankers and NYK Line positions our SNAPS business unit as a market leader in the Asia regional market and enhances our service flexibility across the region.”

Stolt Tankers snaps expansion Sun Mercury

The new vessel meets high environmental and safety standards, in line with Stolt Tankers’ sustainability goal of reducing carbon intensity by 50 percent relative to the 2008 baseline. The ship joined the SNAPS pool in early September.

For more information visit www.stolt-nielsen.com

Trafigura Group Pte Ltd has announced that Richard Holtum will become the company’s CEO effective 1 January 2025. Holtum will also join the Trafigura board of directors starting 1 October 2024.

Jeremy Weir, currently executive chairman and CEO, will step down from his executive duties on 1 January 2025, transitioning to the role of chairman of the Trafigura Group.

Pictured from left to right, Richard Holtum and Jeremy Weir

Sipko Schat, Independent non-executive director of the board, commented: “The board of directors unanimously selected Richard Holtum to lead Trafigura. Richard has been instrumental in developing high-performing teams and has significantly strengthened Trafigura’s gas, power, and renewables business, which has become a key growth area for the group. His vision, international experience, and expertise will guide Trafigura through its next phase of evolution.”

Schat also praised Jeremy Weir’s leadership over the past decade, noting his role in driving Trafigura’s exceptional growth, diversification, and financial stability, particularly through turbulent market conditions. On behalf of Trafigura’s global workforce and the Board, he thanked Weir for his dedication and leadership and expressed appreciation for his continued commitment as Chairman.

Jeremy Weir remarked: “Today’s announcement concludes a nearly three-year succession planning process led by the Board. Richard is the ideal candidate to lead Trafigura’s next generation of leadership, and he will have my full support as he transitions into the CEO role. I look forward to continuing to lead the board as chairman.”

Richard Holtum expressed his gratitude, stating: “I am deeply honoured by the trust placed in me to lead Trafigura’s talented team. Trafigura is a global leader in the commodities sector, playing a crucial role in responsibly supplying the world with energy and raw materials. I am excited to help the Group realise its potential for further growth across all commodities.”

As part of the leadership transition, Holtum will pass on his current responsibilities as global head of gas, power, and renewables to Igor Marin, head of power trading, effective 1 October 2024.

For more information visit www.trafigura.com

Abu Dhabi Future Energy Company PJSC (Masdar), the United Arab Emirates’ leading clean energy company, has announced the financial close for the 154-megawatt (MW) Čibuk 2 wind farm in Serbia. This milestone was marked by a signing ceremony held during RES Serbia 2024, attended by Serbia’s minister of Mining and Energy, Dubravka Djedović Handanović, Masdar’s CEO, Mohamed Jameel Al Ramahi, Taaleri Group CEO, Peter Ramsay, and Taaleri Energia managing director, Kai Rintala.

The financing for Čibuk 2 has been secured through non-recourse project funding, with commercial lenders UniCredit and Erste (Erste Group and Erste Bank Serbia) providing a EUR 144 million debt facility. This demonstrates the confidence in and viability of renewable energy projects in Serbia.

Čibuk 2 is being developed by Masdar and Taaleri Energia via their joint venture, Masdar Taaleri Generation, in collaboration with New Energy Solutions, one of Serbia’s leading renewable energy developers. The project will utilise 22 Nordex 7MW turbines, with Nordex also responsible for operations and maintenance under a 35-year contract. Construction is already underway, with the wind farm expected to be operational by the first quarter of 2026. Once complete, Čibuk 2 will generate enough renewable energy to power approximately 62,000 households and displace 311,200 tonnes of carbon dioxide annually.

Čibuk 2 will share a grid connection point with the 158MW Čibuk 1 wind farm, which was the largest utility-scale wind project in Serbia and the Western Balkans when it became operational in October 2019. Upon completion, Čibuk 2 will bring Masdar’s total renewable energy capacity in Serbia to 312MW, making the combined Čibuk project the largest operational wind farm in the country.

Masdar’s CEO, Mohamed Jameel Al Ramahi, hailed the financial close of Čibuk 2 as a significant step in expanding renewable energy capacity in Serbia, a key market for the company’s Central and Eastern Europe expansion. He emphasised that the agreement reflects growing investor confidence in Serbia’s renewable energy sector and affirmed Masdar’s commitment to increasing investments in the region.

Taaleri Energia managing director, Kai Rintala, expressed confidence in the success of Čibuk 2, noting that their investment in the neighbouring Čibuk 1 wind farm in 2017 had proven highly successful. He cited the strength of the financing, turbine package, and project development as factors that would contribute to the project’s success.

Nikola Stamenković, a member of Erste Bank Serbia’s executive board, highlighted that Erste is providing 50 percent of the total loan for the Čibuk 2 project, with Erste Bank Serbia financing EUR 45 million locally. He noted that this is the largest single green financing the bank has undertaken, reinforcing its leadership in supporting green energy projects in Serbia.

UniCredit Bank Serbia CEO Nikola Vuletić remarked on the significance of the project for the region’s sustainable future, emphasising the bank’s role in financing renewable energy developments in Serbia, having supported five out of eight operational wind farms.

Serbia has set an ambitious target of achieving 41 percent renewable energy capacity by 2030. Masdar is collaborating closely with the Serbian government and local partners to help realise the country’s clean energy goals. Since its establishment in 2006, Masdar has played a pivotal role in advancing the UAE’s vision of sustainability, with projects in over 40 countries. The company aims to expand its renewable energy portfolio to 100GW by 2030 and become a leader in green hydrogen production.

For more information visit www.masdar.ae

Technip Energies and JGC Corporation have been awarded the Front-End Engineering Design contract by ExxonMobil, acting on behalf of Mozambique Rovuma Venture. MRV is a joint venture involving ExxonMobil, Eni, and CNPC. The contract pertains to the Rovuma LNG project, located in Palma on the Afungi peninsula in Northeast Mozambique.

The Rovuma LNG project is set to include a liquefied natural gas plant with a total production capacity of 18 million tonnes per annum, comprising 12 modular LNG trains, each with a capacity of 1.5 Mtpa. A notable feature of the plant’s design is the use of electric-driven LNG trains, which will replace conventional gas turbines. This innovation is aimed at reducing greenhouse gas emissions, making the project more environmentally sustainable compared to traditional LNG plants. Additionally, the project will incorporate prefabricated, standardised modules that will be assembled on-site in Mozambique, offering both cost efficiency and greater certainty in project delivery schedules.

Mario Tommaselli, senior vice president of Gas and Low Carbon Energies at Technip Energies, expressed the company’s honour at being selected for the project. He noted that by applying their expertise in modularisation and electrified LNG, Technip Energies is committed to supporting ExxonMobil and its partners towards the project’s final investment decision. Tommaselli also emphasised the company’s commitment to contributing to Mozambique’s long-term economic growth and its ambition to become a leading LNG exporter in Africa.

Farhan Mujib, representative director and president of JGC, also shared his enthusiasm for the project. He highlighted the significance of the Rovuma LNG project in the global push for decarbonisation and energy security. Mujib affirmed that the project aligns with JGC Group’s strategy to accelerate energy transition efforts. He further expressed confidence that the project would play a key role in enhancing economic and industrial growth in both Mozambique and the broader East African region.

For more information visit www.ten.com

TankMatch, a prominent barge operator, and Evos, a leading independent liquid bulk storage provider, have announced an innovative partnership designed to deliver advanced methanol bunkering solutions throughout the Amsterdam–Rotterdam–Antwerp (ARA) region. This collaboration represents a significant advancement in facilitating the maritime industry’s transition to greener fuels.

As methanol becomes increasingly recognized as a sustainable marine fuel, the development of new safety protocols and infrastructure modifications is essential. By 2028, it is anticipated that over 300 methanol-capable vessels will be in operation, highlighting the urgent demand for efficient and reliable supply chains. In response, TankMatch and Evos are combining their expertise to offer seamless, comprehensive solutions for methanol bunkering.

To address the rising demand for methanol storage and bunkering services, Evos is planning to expand its terminal capacity. This expansion will include the construction of five new tanks, each with a capacity of 13,500 m³, as well as a dedicated berth to enhance service efficiency. Customers will have the flexibility to store bio-, e-, and grey methanol, with options for co-mingled or segregated storage based on quality and biogenic content. The new berth will accommodate bunker barges measuring up to 135 meters in length and will feature impressive pumping speeds of up to 750 m³ per hour, providing unmatched speed and flexibility for high-volume clientele.

Marcel Jordens, commercial manager at TankMatch, expressed enthusiasm for the partnership, stating, “The market was calling for a game-changing solution to integrate storage and bunkering, and we listened. By teaming up with Evos, we’re offering a truly comprehensive service. With Evos’ central Rotterdam location, our fleet can easily reach all corners of the ARA region in under 10 hours, enabling fast and flexible bunkering in Amsterdam, Rotterdam, and Antwerp.”

Johannes Veldt, commercial manager at Evos Rotterdam, echoed this sentiment, emphasising the focus on sustainability: “This partnership is all about delivering smart, sustainable solutions for the future. Together, we’re making green methanol bunkering easier and more accessible than ever, and we’re proud to play a key role in supporting the maritime industry’s shift towards cleaner energy.”

For more information visit www.evos.eu

NanoVapor is pleased to announce the addition of Brustech to its network of distributors. With more than 20 years of experience in the tank cleaning industry, Brustech is recognised for leading the way in the implementation of safer and more environmentally friendly technologies for tank cleaning and degassing operations.

As the exclusive distributor for NanoVapor in Poland, Brustech will work closely with local clients and authorities to establish NanoVapor as the preferred solution for ensuring the safety of tanks for work and entry. This initiative will encompass various applications, including gas station underground storage tanks, shipyards, and large above-ground tanks.

The partnership between NanoVapor and Brustech is anticipated to be a successful collaboration, marking a significant step forward in enhancing safety and environmental standards in the industry.

For more information visit www.nanovapor.com

Exolum and Técnicas Reunidas have signed a collaboration agreement to offer carbon capture, transport and storage services to large industrial clients. This alliance is part of the strategy of both companies to promote decarbonisation.

The agreement will allow Exolum and Técnicas Reunidas to provide a comprehensive solution to industrial emitters, ranging from carbon capture to final storage.

In a first phase, the collaboration will focus on Spain, with special attention to the port areas where Exolum has industrial assets. The objective is to develop logistics hubs for transport and carbon storage based on these industrial sites.

Exolum, a leader in liquid storage and transport infrastructure management, will contribute its experience in logistics and operation of these assets. For its part, Técnicas Reunidas will contribute its engineering capabilities and its new services aimed at decarbonising industrial assets.

Ignacio Casajús, Global Strategy & Growth Lead, said: “At Exolum, we see this collaboration with Técnicas Reunidas as an excellent opportunity to develop technologies that drive the decarbonisation of our economy. We build on our solid experience in logistics and storage, and on our strong commitment to innovation, circularity and new energy vectors, aligned with the needs of the energy transition”.

Miguel Ángel Hernando, director of carbon management at Técnicas Reunidas, said: “We are very pleased to collaborate with Exolum on this innovative service. The development of carbon capture and storage assets and operations is crucial for industrial activity in any country. Therefore, carbon management is a key part of our decarbonisation strategy”.

Carbon sequestration

Carbon capture, together with its subsequent storage or use, is a fundamental tool in the fight against climate change. The European Union estimates that, to meet decarbonisation targets, 50 million tonnes will need to be captured in 2030, 280 million tonnes in 2040 and 450 million tonnes in 2050.

This technology is crucial to decarbonise any economy, as in some industrial activities there are no other decarbonisation alternatives. For example, in cement production, up to 60 percent of emissions have no other technological options.

According to the National Inventory of Emissions to the Atmosphere, gross greenhouse gas emissions in Spain in 2022 amounted to 247 million tonnes, of which more than 18 percent came from the industrial sector, equivalent to approximately 45 million tonnes.

For more information visit www.exolum.com

Advanced Polymerics, Inc., a global innovation company that develops and commercialises smart coatings, announced the launch of its newest industrial coating, Permacorr^® which can reduce total job costs by up to 40 percent when compared to a traditional epoxy coating and is made with food grade ingredients, offering unparalleled environmental and safety benefits.

Field tested on tanks at a major oil and gas producer in Texas, and seaside railings and racks at government sites in North Carolina and the Marshall Islands, water-based Permacorr is proven to not only prevent corrosion but self-heals in the event it is scratched or dinged, eliminating the chance of rusting and leaks.

Stephen Jewitt, president of API, Inc. said, “We developed Permacorr to meet our customer’s business and environmental needs. We were particularly sensitive to helping our customers reduce costs and providing them with a unique coating that not only exceeds the quality of traditional epoxy coatings, but also offers safety and eco-friendly benefits that no other industrial coating can guarantee.”

Permacorr, which is patented in the United States, Europe and China, emits 40 percent less CO2 over its lifecycle than its epoxy counterparts and can be used on the exterior of new carbon steel or existing steel as a maintenance coating. Permacorr can be applied even if there is flash rust and just one coat is required – saving on labor and asset downtime.

“Other coatings require containment and can only be applied in favourable weather conditions,” said Jewitt. “Permacorr can be applied even if it’s humid and takes just 5 minutes to dry. It can even tolerate rain droplets soon after application,” he added.

API offers approved topcoats that come in a variety of colors, allowing users to paint their tanks and other steel assets to meet corporate branding and/or local regulation standards. Permacorr’s recommended uses include oil, gas, chemical and life sciences tanks and pipes, as well as hydro-electric generation equipment and turbine and cooling towers at traditional and alternate fuelled generating plants.

For more information visit www.permacorr.com

TotalEnergies and Air France-KLM have entered into a significant agreement that will see TotalEnergies supply up to 1.5 million tonnes of more sustainable aviation fuel to the Air France-KLM Group over a decade, extending until 2035. This pact represents one of the largest SAF purchase contracts ever signed by Air France-KLM.

In 2022 and 2023, Air France-KLM emerged as the world’s leading user of SAF, accounting for 17 percent and 16 percent of total global production, respectively. This new contract builds upon a previous memorandum of understanding established in 2022, which outlined the supply of 800,000 tonnes of SAF. By revisiting this agreement, both companies reaffirm their commitment to minimising the environmental impact of the air transport sector and significantly reducing CO2 emissions.

Air France-KLM has set an ambitious target to reduce its CO2 emissions per passenger kilometer by 30 percent from 2019 levels by 2030. This goal will be achieved through a combination of fleet renewal, operational improvements such as eco-piloting, and the integration of at least 10 percent sustainable aviation fuel on all flights—exceeding regulatory requirements.

The SAF provided to Air France-KLM will be derived from waste and residues within the circular economy, produced at TotalEnergies’ biorefineries and refineries in France and across Europe through coprocessing. This fuel will be used for flights departing from France, the Netherlands, and other European nations. The development of SAF is a central focus of TotalEnergies’ strategy to address the aviation sector’s growing demand.

Air France-KLM adheres to a strict sourcing policy, ensuring that it only purchases second-generation SAF that does not compete with global food production and is certified for sustainability by RSB or ISCC+.

Sustainable aviation fuel can reduce CO₂ emissions by at least 75 percent and potentially up to 90 percent throughout its entire lifecycle when compared to fossil fuel alternatives.

“SAF contributes both to the energy transition of our customers in the aviation sector and to the industrial transition of our refineries. It therefore represents a real ‘win-win’ for the future of industry and aviation,” stated Patrick Pouyanné, chairman and CEO of TotalEnergies. He emphasised the company’s decade-long commitment to pioneering investments in biorefineries and SAF production facilities in France, along with the advancement of coprocessing technologies.

Benjamin Smith, the chief executive officer of Air France-KLM Group, remarked, “Securing the volumes of more sustainable aviation fuel needed to decarbonise our activity is a major challenge. This agreement with TotalEnergies is a further step in this direction and a testament to our long-standing support for the development of SAF production in France and Europe. A robust SAF sector capable of meeting our industry’s needs is crucial for Europe’s sovereignty and energy independence.”

For more information visit www.totalenergies.com

GTS is pleased to announce its expansion with the addition of eight new tanks, each boasting a capacity of 6,300 cbm. This expansion will increase the total storage capacity for renewable fuels by 50,000 cbm, bringing the overall total to 100,000 cbm across 16 tanks.

The first phase of this project is currently under construction and is expected to be operational by January 2025. Additionally, the new tanks, set to be completed by Q3 2025, will feature truck loading capabilities to provide enhanced flexibility.

This investment, approved by GTS – Bulk Storage Solutions, represents a significant milestone in addressing the rising demand for sustainable energy and underscores GTS commitment to delivering innovative, future-ready storage solutions to facilitate the energy transition.

For more information visit www.gtsghent.be/en

Advario has successfully acquired full ownership of Advario Helios Singapore Pte Ltd (“Helios terminal”) by purchasing the remaining stake from Macquarie Helios Holdings Limited, a joint venture between Macquarie Capital and the Employees Provident Fund Board of Malaysia. This acquisition gives Advario 100 percent control of the strategically located Helios terminal on Jurong Island, Singapore.

The Helios terminal, with a 503,000 m³ storage capacity, is an integral part of Singapore’s bunkering ecosystem, supplying industrial gases and managing various fuels and gases. Its prime location, waterfront access, and expansion potential make it ideal for supporting future energy solutions, including low-carbon ammonia, methanol, biofuels, and eventually hydrogen.

This acquisition demonstrates Advario’s confidence in Singapore’s strategic direction and its commitment to the nation’s sustainable development goals. It further strengthens Advario’s role in the region’s energy transition efforts.

“We’re excited to deepen our investment in Singapore, reaffirming our long-standing position as a key player in Singapore’s energy sector,” said Bas Verkooijen, CEO of Advario. “This acquisition supports Singapore’s energy transition goals and aligns with our strategy for sustainable growth and future energy solutions.”

With four terminals already operational in Singapore, this acquisition enhances Advario’s regional presence and its ability to support customers and partners with integrated storage solutions as they shift towards cleaner energy sources.

For more information visit www.advario.com

IMTT and the Louisiana Environmental Action Network have announced a groundbreaking partnership to establish a neighbourhood-based air quality monitoring system in St. Rose, Louisiana. As part of the Louisiana Community Air Monitoring Network, this initiative will install stationary sensors between Baton Rouge and New Orleans to help local communities gain a better understanding of environmental factors affecting their quality of life.

IMTT is the first company in Louisiana to join LEAN and its partners in this nationally funded project. IMTT chairman & CEO Carlin Conner emphasised the company’s commitment to being a responsible neighbour, noting, “Working with LEAN on the Community Air Monitoring Network is another opportunity to show we care for the people who live and work along the Mississippi River.”

The project will involve placing air monitors in neighbourhoods closer to residents’ homes than existing stations, providing more accurate data on air quality. IMTT will fund the installation of four new solar-powered monitors in St. Rose, following the removal of a temporary monitoring station by the Louisiana Department of Environmental Quality.

LEAN Executive director MaryLee Orr highlighted the significance of the partnership, stating, “Our Community Air Monitoring Network will offer a hyper-local understanding of the environment, empowering communities to make informed decisions to improve lives.”

IMTT’s involvement aligns with its Greener & Cleaner Strategy, aimed at reducing carbon emissions and enhancing community engagement. The collaboration is expected to foster further cooperation between companies and residents along the Lower Mississippi River, promoting a healthier, more sustainable environment.

For more information visit www.imtt.com

Kawasaki Heavy Industries, Ltd. and CB&I, a subsidiary of McDermott, have signed a strategic agreement aimed at advancing the commercial-use liquefied hydrogen supply chain and promoting a zero-carbon-emission society. The signing ceremony took place on September 18, 2024, at the Gastech Exhibition & Conference in Houston.

Motohiko Nishimura, president of Energy Solutions & Marine Engineering Company at Kawasaki, expressed enthusiasm about the collaboration, stating, “By taking advantage of both companies’ strengths and specialised know-how, we aim to reduce the cost of hydrogen, enhance supply chain competitiveness, and accelerate the transition to a zero-carbon society.”

The partnership leverages Kawasaki’s and CB&I’s expertise to provide large-scale LH2 infrastructure, paving the way for commercial-scale international hydrogen supply chains. Both companies are committed to lowering infrastructure costs and enhancing the scalability of hydrogen as a clean energy source.

Mark Butts, senior vice president of CB&I, emphasised the partnership’s role in advancing liquid hydrogen storage, noting that CB&I’s technical expertise positions it at the forefront of the energy transition. Together, Kawasaki and CB&I will help meet global decarbonisation targets and facilitate a sustainable energy economy through their combined efforts.

For more information visit www.mcdermott-investors.com

The KTJV joint venture, consisting of Technip Energies and KBR, has been selected for a major engineering, procurement, fabrication, and construction project by Lake Charles LNG. The project, pending a final investment decision by Lake Charles LNG, aims to convert the existing import and regasification terminal in Lake Charles, Louisiana, into an LNG export terminal. Once completed, this liquefaction facility will be among the largest LNG terminals in the United States.

The contract covers the development of a new 16.45 Mtpa LNG export facility, including three modular 5.5 Mtpa LNG trains and brownfield modifications to LNG storage. Additionally, the scope includes procurement, transportation, fabrication, installation, commissioning, and startup services.

Arnaud Pieton, CEO of Technip Energies, expressed pride in being selected for this significant project, noting that it underscores the company’s leadership in modularised LNG and commitment to expanding global energy supplies. He emphasised the importance of the project in supporting the transportation and distribution of LNG worldwide.

Tom Mason, president of Lake Charles LNG, stated that the company is pleased to partner with two leading firms for the liquefaction project. He highlighted the contract’s structure, which aligns the interests of KTJV and Lake Charles LNG to ensure a cost-effective and high-quality outcome. The final decision to proceed with the project will depend on securing sufficient commercial commitments and third-party equity, reflecting continued progress towards realising this important infrastructure development.

For more information visit www.ten.com

Montana Renewables, the largest producer of Sustainable Aviation Fuel in North America as of 2024, has produced and delivered the first blend of SAF to Minneapolis-St. Paul International Airport. This achievement marks a pivotal moment in the global shift towards cleaner aviation fuels and strengthens the Minnesota SAF Hub’s efforts to advance sustainable air travel.

“We are proud to lead the way in the SAF revolution,” said Bruce Fleming, CEO of Montana Renewables. “As an ISCC-approved SAF producer, the SAF being supplied to MSP is made from Minnesota-grown camelina, showcasing the benefits of shorter, local supply chains and promoting camelina as a viable non-food oil crop that offers additional income potential for farmers.”

MRL extended its gratitude to Shell Aviation, the Minnesota SAF Hub, and various partners who contributed to this successful collaboration. The SAF shipment, departing from Great Falls, is scheduled to arrive at MSP Airport on Friday, September 20, and will fuel Delta Air Lines commercial flights, further cementing SAF’s role in reducing aviation emissions.

For more information visit www.montanarenewables.com

Belltree has announced the launch of its groundbreaking solution, bMark™>CCS, which is already gaining significant global traction in the field of Carbon Capture and Storage. This innovative software is designed to transform the identification and evaluation of potential storage sites for CCS projects, offering a comprehensive suite of tools and advanced data analytics to streamline site selection, optimise risk management, and improve overall project efficiency.

As CCS plays an increasingly crucial role in the global energy transition, bMark™>CCS is poised to make a substantial impact by addressing key challenges in the industry. The solution’s ability to enhance decision-making and project development is expected to support the growth and adoption of CCS technologies worldwide.

Belltree believes that bMark™>CCS has the potential to drive significant progress in the reduction of carbon emissions, contributing to global efforts to combat climate change and achieve net-zero targets.

For more information visit www.belltreegroup.co.uk

Neste, ITOCHU, and GS Caltex have collaborated to make the first batch of CORSIA-eligible, ISCC-certified sustainable aviation fuel available for purchase at Narita International Airport in Japan. This marks the first time CORSIA-certified SAF has been made available for airlines’ regular purchases at a commercial scale, well ahead of CORSIA’s mandatory phase set to begin in 2027.

As part of this collaboration, Neste supplied over 1,000 tonnes of neat (unblended) CORSIA-eligible and ISCC-certified Neste MY Sustainable Aviation Fuel™ to GS Caltex’s refinery in Yeosu, South Korea, where it was blended with conventional jet fuel. This is the first instance of SAF being blended locally in South Korea. The blended SAF was then transported to Japan, where ITOCHU supplied it to the fuel storage facilities at Narita International Airport. The initial batch of SAF is being offered to All Nippon Airlines and Japan Airlines.

Photo: The ship delivering the blended CORSIA-certified SAF at Chiba port in Japan. Source: ITOCHU

Alexander Kueper, vice president of the renewable aviation business at Neste, stated, “Sustainable aviation fuel is a readily available solution for reducing greenhouse gas emissions from air travel. CORSIA-eligible SAF provides airlines like ANA and JAL an opportunity to credibly reduce aviation emissions. This milestone shows how we are working together with partners like ITOCHU and GS Caltex, as well as local governments, to develop supply chains for SAF and make the fuel more readily available in the Asia-Pacific region and globally.”

Tetsuya Yamada, executive officer and chief operating officer of the Energy Division at ITOCHU Corporation, added, “In collaboration with Neste and GS Caltex, we have successfully established a groundbreaking supply chain for the delivery of CORSIA-eligible fuel to airports in Japan. This initiative will significantly contribute to resolving the aviation fuel shortage in Japan and marks a pivotal step towards the decarbonisation of the aviation industry.”

S. H. Lee, executive vice president and head of the Supply & Trading Business Unit at GS Caltex, echoed this sentiment, noting, “This collaboration demonstrates how working together can help achieve aviation’s net-zero carbon emissions goal. Neste, ITOCHU, and GS Caltex have built a new value chain based on their respective expertise, with support from the Korean and Japanese governments. By ensuring a stable supply of CORSIA-eligible SAF ahead of the 2027 mandatory phase, we are helping airlines take further steps to reduce their carbon emissions.”

The CORSIA-eligible SAF marks a significant step forward in decarbonising aviation. CORSIA, developed by the International Civil Aviation Organisation, is a global scheme aimed at reducing CO2 emissions from international aviation. It offers a harmonised approach to curbing the industry’s impact on climate change. Airlines can use certified SAF, such as Neste MY Sustainable Aviation Fuel™, to meet CORSIA’s emission reduction requirements. By using unblended Neste MY SAF, airlines can reduce greenhouse gas emissions by up to 80% over the fuel’s life cycle compared to conventional jet fuel.

This development highlights the collective efforts of Neste, ITOCHU, and GS Caltex in contributing to the aviation industry’s decarbonisation, not only in Japan and Korea but globally.

For more information visit www.neste.com 

PortXchange has announced the launch of its Port Emissions Report, a cutting-edge analytical tool designed to provide comprehensive emissions analysis tailored for ports. Available as a standalone product or as part of the newly introduced EmissionInsider Carbon Insight Suite, this advanced technology offers detailed reporting capabilities to support environmental sustainability within the maritime industry.

The Port Emissions Report provides in-depth analysis of emissions from various transport modes, including vessels, harbour craft, cargo handling equipment, railways, and trucks. By tracking ship movements, vessel types, and the associated emissions of pollutants such as CO2, CO, CH4, SO2, NOx, N2O, PM10, and CO2-equivalent greenhouse gases, the report enables ports to identify key areas for improvement. This thorough analysis is crucial for developing effective decarbonisation strategies and facilitates data-driven decision-making by offering actionable insights for corrective action.

Designed to function independently of the EmissionInsider Carbon Insight Suite, the Port Emissions Report is an ideal solution for ports seeking focused, standalone emissions reporting capabilities. Additionally, it supports compliance with both local and international environmental standards, helping ports avoid penalties such as administrative sanctions, financial fines, or public censure. With high-quality, actionable data, the tool empowers ports to strengthen their sustainability efforts and meet their decarbonisation targets.

Belfast Harbour and the Port of Houston are already leveraging the Port Emissions Report to support their environmental initiatives. Belfast Harbour has noted, “The In-Port Vessel Emissions Report has been instrumental in helping us accurately track and manage our emissions, ensuring compliance with stringent environmental regulations and advancing our sustainability initiatives.”

The tool is becoming increasingly popular among ports aiming to comply with evolving environmental regulations, such as the Corporate Sustainability Reporting Directive in the EU, the Streamlined Energy and Carbon Reporting framework in the UK, and Environmental Protection Agency regulations in the USA. It addresses growing demands from stakeholders—including governments, NGOs, shipping lines, and the public—calling for the reduction of environmental impacts.

Ports utilising the Port Emissions Report can position themselves as leaders in sustainability and innovation within the maritime industry. By doing so, they can attract environmentally-conscious customers and partners, setting themselves apart from competitors. Furthermore, reducing greenhouse gas emissions and promoting greener practices allows ports to contribute to global climate change mitigation efforts, while accessing financial benefits such as grants, subsidies, and tax incentives for implementing sustainable technologies.

“PortXchange is dedicated to advancing environmental sustainability through innovative solutions that support ports in their pursuit of greater ecological responsibility,” said Abhishek Nair, director of business development at PortXchange. “The Port Emissions Report exemplifies our commitment to providing high-quality, actionable data that empowers ports to enhance their sustainability strategies.”

PortXchange’s commitment to socially responsible and ethical business practices is evident in the development of the Port Emissions Report, which meets the highest standards of environmental stewardship. Sjoerd de Jager, CEO of PortXchange, remarked, “We are dedicated to helping ports not only meet but accelerate their journey to net zero. Historically, ports have operated in isolation, with fragmented data collection hindering progress. This launch marks a pivotal step towards creating a unified global standard for port emissions reporting, accessible to all ports, regardless of size or operational complexity. We need a unified standard similar to those already established in other industries. We aim to boost transparency and promote greater collaboration across the industry, which is essential for making significant advances in decarbonisation efforts.”

The Port Emissions Report is positioned to play a key role in helping ports worldwide achieve their environmental goals and contribute to broader efforts to combat climate change.

For more information visit www.port-xchange.com

Equinor has entered into an agreement with Denmark’s Ørsted to purchase 330,000 carbon dioxide removal credits, equating to 330,000 tonnes of CO2, over a 10-year period, with an expected start in 2026. The CO2, captured from a biomass-fired power station using waste straw, will be transported to the Northern Lights CO2 storage facility offshore Norway. This process involves the capture of biogenic CO2 generated from the combustion of sustainable biomass for heat and power production, resulting in the removal of carbon dioxide from the atmosphere. As a result, CDR credits can be generated and sold.

Under this agreement, Equinor will buy CDR credits from a unit at the Avedøre Power Station near Copenhagen, which is powered by waste straw. The captured CO2 will be transported overland to Ørsted’s CO2 hub in Kalundborg, western Zealand, before being sent to the Northern Lights CO2 storage site. This hub is scheduled to become operational in 2026.

As the world moves towards net-zero goals, carbon capture and storage and carbon removal technologies are increasingly recognised as essential tools. Bioenergy with carbon capture and storage is one such solution, and this agreement between Equinor and Ørsted highlights how CDR credits can support carbon removal projects and assist private entities in achieving their net-zero targets.

Svein Skeie, senior vice president of strategy and business development at Equinor, expressed satisfaction with the expanded collaboration, noting: “We are very pleased to expand our cooperation with Ørsted to also include CDR credits. We both share the belief that building markets enabling the physical reduction and removal of carbon will play a role in reducing emissions.”

In a related development, Equinor, Ørsted, and the state-owned Nordsøfonden were recently granted a permit to conduct surveys for a potential onshore CO2 storage facility in northwest Zealand. This project aims to explore whether the site can be developed into a safe and permanent CO2 storage location.

Ole Thomsen, senior vice president and head of Ørsted’s Bioenergy business, remarked: “Equinor shares Ørsted’s commitment to maturing carbon capture and storage technologies. We already have a partnership with Equinor and Nordsøfonden to explore the possibility of storing CO2 in the subsurface, and we are pleased to expand the collaboration through this agreement on the sale of CDR credits.”

For more information visit www.equinor.com

PortXchange has launched the EmissionInsider Carbon Insight Suite, an upgraded version of its emissions tracking and analysis platform, aimed at establishing global standards for maritime emissions reporting. This enhanced platform features a customisable dashboard, allowing ports to integrate modules suited to their specific needs. One of its key offerings is the Port Emissions Report, providing in-depth, comprehensive emissions data.

As ports face increasing pressure to decarbonise, the EmissionInsider Carbon Insight Suite offers real-time monitoring and analysis, enabling ports to assess the impact of initiatives and adapt strategies swiftly. This marks a significant shift from traditional, costly emissions reporting methods. The suite is user-friendly and designed for large teams, providing access to real-time data, and supports broader coverage of transport modalities, adhering to global standards like the EU’s CSRD.

PortXchange CEO Sjoerd de Jager emphasised the platform’s role in unifying emissions reporting across the maritime sector, encouraging transparency and collaboration. Director of Business Development Abhishek Nair highlighted its advanced capabilities in pinpointing emissions hotspots and refining decarbonisation strategies.

The platform’s implementation time ranges from 4 to 12 weeks, depending on the transport modalities integrated. This launch reinforces PortXchange’s commitment to sustainability and sets the stage for future advances in emissions reporting across the maritime industry.

For more information visit www.port-xchange.com

bp and Apollo have announced an agreement where Apollo-managed funds will purchase a non-controlling stake in bp Pipelines TAP Limited, valued at approximately $1 billion. This subsidiary holds a 20 percent share in Trans Adriatic Pipeline AG. Despite the sale, bp will retain control of the subsidiary.

The Trans Adriatic Pipeline is a critical infrastructure for transporting natural gas from the Shah Deniz gas field in Azerbaijan to Europe, supporting energy needs in countries like Greece and Italy. The partnership also opens the possibility for future cooperation between bp and Apollo on other energy and low-carbon investments.

This transaction will contribute to bp’s divestment targets for 2024 and is expected to close in the fourth quarter, pending regulatory and partner approvals.

For more information visit www.bp.com

Advario Daya Bay terminal in China has marked a significant milestone by receiving its first shipment of petrochemicals following the completion of its newly commissioned terminal expansion. This state-of-the-art expansion is a key step forward for Advario, designed to cater to the growing demands of the petrochemical industry in the region. The project features eight cutting-edge chemical storage tanks and essential supporting facilities, which together provide an impressive total storage capacity of 30,000 m³.

The terminal expansion is underpinned by the strategic partnership with Huizhou Advario Public Petrochemical Jetty Co., Ltd. This partnership has bolstered the terminal’s infrastructure by incorporating two additional 50,000 DWT berths, which complement the pre-existing two 10,000 DWT berths. These enhancements significantly increase the terminal’s capacity to handle larger shipments and support a wider range of services, especially as the terminal shifts focus towards chemicals, gas, and new energy sectors. The expanded terminal is now well-positioned to meet the increasing demand for sustainable energy solutions while maintaining its leadership in the chemical storage industry.

This project, which achieved full operational status earlier than expected, has been a remarkable success in terms of both timeline and safety. After receiving formal approval from the Huizhou City Emergency Agency, the expansion became fully operational, two months ahead of schedule. The early completion of the terminal expansion is a testament to Advario’s commitment to efficiency, project management, and timely execution of large-scale infrastructure projects.

Safety has been a top priority throughout the construction of the project. As of June 2024, the expansion project recorded an impressive 245,460 safe man-hours without any incidents, further highlighting the company’s dedication to maintaining the highest standards of safety and quality. This achievement not only reinforces Advario’s strong safety culture but also sets a benchmark for future large-scale projects.

With the expansion now operational, Advario Daya Bay Terminal is primed for future growth, particularly in the chemicals, gas, and new energies markets. This development aligns with the company’s broader strategy to expand its footprint in China and the Asia-Pacific region while playing a pivotal role in the ongoing transition to cleaner energy solutions. Through its enhanced capabilities, the terminal is expected to support both local and international customers in achieving their logistical and storage needs, ultimately contributing to the sustainable development of the region’s energy and chemical industries.

This expansion project reflects Advario’s commitment to innovation and continuous improvement, and it strengthens the company’s position as a leading player in the storage and transportation of chemicals and energy products. With its increased capacity and advanced infrastructure, the Advario Daya Bay Terminal is set to play a key role in the region’s evolving energy landscape, driving progress and supporting sustainable growth.

For more information visit www.advario.com

8 Rivers Capital, LLC, a global leader in decarbonisation technology and project development, has announced an investment from JX Nippon Oil Exploration USA Limited, a subsidiary of JX Nippon Oil & Gas Exploration Corporation. This funding will accelerate the deployment of 8 Rivers’ Calcite Direct Air Capture solution as it transitions from pilot projects to commercial-scale implementation.

The first commercial application of Calcite, called Project Cardinal, is planned for the U.S. Gulf Coast, with front-end engineering design expected to begin in 2025. This project is part of the broader SEDAC hub, which has secured $20.5 million in funding for FEED studies. These studies will support the construction of two DAC facilities, each targeting the capture of 50,000 tonnes of CO2 annually. JX’s investment will also assist in risk reduction for Calcite’s pilot project in Mobile, Alabama.

This marks JX’s first foray into the growing DAC market and is a significant step in its ongoing partnership with 8 Rivers. The two companies had previously signed a Comprehensive Collaboration Agreement in 2021, focusing on the development of carbon capture projects. Following Project Cardinal, JX plans to explore opportunities to deploy Calcite across the Asia-Pacific region.

Christopher Richardson, CEO of 8 Rivers, highlighted the importance of the investment, noting that it strengthens their partnership with JX and positions Calcite as a key solution in the global energy transition. Tetsuo Yamada, CSO of JX Nippon Oil & Gas Exploration, emphasised the critical role of DAC in achieving a carbon-neutral society and expressed confidence in Calcite’s potential for commercial success.

This investment follows Calcite’s recent recognition by the US Department of Energy as a winner of the DAC Hub grant, alongside previous funding and awards from agencies such as the DOE’s ARPA-E FLECCS programme and XPRIZE for Carbon Removal. The partnership between 8 Rivers and JX is expected to drive large-scale demonstration and commercialisation of Calcite, contributing to global efforts to achieve net-zero emissions by 2050.

For more information visit www.8Rivers.com

Venture Global has announced a long-term terminal use agreement with GASTRADE S.A. that will allow for the regasification and sale of liquefied natural gas from Venture Global’s terminals in Louisiana to markets in Central and Eastern Europe. The agreement secures around 1 million tonnes per annum of LNG regasification capacity at the new Alexandroupolis LNG terminal in Greece, starting in 2025. This capacity will account for roughly 25 percent of the terminal’s total, translating to about 12 LNG cargoes annually.

The Alexandroupolis LNG terminal and the associated South-North ‘Vertical Corridor’ will play a key role in bolstering energy security for Central and Eastern Europe by providing alternative routes for natural gas supply. These infrastructure projects have received partial funding from the European Union and the United States Government’s Development Finance Corporation.

Mike Sabel, CEO of Venture Global, highlighted the strategic importance of this move in expanding the company’s European regasification capacity and integrating assets across the LNG supply chain, including production, shipping, and regasification. This infrastructure will be critical for diversifying energy sources and ensuring secure, reliable supplies for the region, with contributions from both Plaquemines LNG and the future CP2 LNG.

For more information visit www.venturegloballng.com

Petrobras and Embrapa have signed a Cooperation Agreement to conduct technical studies aimed at developing renewable raw materials for producing low-carbon products like biofuels, green chemicals, and fertilisers. The collaboration focuses on Petrobras developing technological solutions and production plants, while Embrapa will establish protocols for sustainable agricultural practices, starting with soybeans. The agreement also explores other crops like corn and Ethiopian mustard to showcase Brazil’s diverse agricultural energy potential.

Petrobras’s president, Magda Chambriard, highlighted the importance of sustainable raw materials for biofuel initiatives and expanding domestic fertiliser production to meet National Fertiliser Plan targets. Embrapa’s president, Silvia Massruhá, emphasised the partnership’s role in boosting bioeconomics and sustainable development, noting the success of their tool, Renovacalc, crucial for Brazil’s National Biofuel Policy.

Silvia Massruhá, Embrapa’s president, visited the Petrobras Research Centre and was welcomed by the executive manager, Maiza Goulart

In the fertiliser sector, the partnership aims to develop innovative, sustainable fertilisers with less environmental impact, ensuring that Petrobras resumes business with a focus on carbon reduction. Embrapa’s expertise will be critical in proving the agronomic efficiency of these products to enhance productivity in Brazil’s agriculture. The agreement also explores biomethane and biogas development, fostering sustainable raw materials within the framework of Brazil’s climate adaptation plans.

This initiative aligns with Petrobras’s 2024-2028 Strategic Plan, with plans to resume fertiliser production at the Araucária Nitrogenados S.A. factory by 2025, producing urea, ARLA 32, and ammonia domestically.

For more information visit www.petrobras.com.br

Over the past six decades, bp’s operations in the North Sea have significantly contributed to the UK’s energy supply and economy. Central to this legacy is the Pitcaithly family, spanning three generations—John, Graeme, and Lara—who have worked across bp’s platforms in the North Sea. Starting in 1979, John first worked on Forties Alpha, and today, his granddaughter Lara is pursuing a career offshore, working on the Clair platform.

Throughout its time in the North Sea, bp has played a pivotal role in technological innovation and safety, while also contributing to local communities and economies. With its focus on oil and gas, bp has consistently adapted to the evolving energy landscape, and is now preparing for the energy transition, emphasising sustainability and net-zero goals by 2050.

bp past and present: (from left) John, Lara and Graeme Pitcaithly

Graeme Pitcaithly reflects on how bp’s presence in the region has benefited his family, remarking that bp’s operations not only provided careers but also prepared them for the future of the energy industry. Lara, starting her career at a time of significant transformation in the industry, is optimistic about contributing to bp’s net-zero ambitions while learning valuable skills.

Looking forward, bp aims to continue its investment in the North Sea while exploring clean energy solutions, such as the Aberdeen Hydrogen Hub. As bp transitions towards a lower-carbon future, its legacy and infrastructure in the North Sea remain foundational in supporting the energy needs of both today and tomorrow.

For more information visit www.bp.com

Saipem has secured a significant offshore Engineering, Procurement, and Construction contract from QatarEnergy LNG for the combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Programme. This project is crucial for maintaining production at the North Field, the world’s largest offshore natural gas reservoir, located northeast of Qatar. The contract is valued at approximately 4 billion USD.

The contract scope includes the engineering, procurement, fabrication, and installation of six platforms, along with 100 km of corrosion-resistant alloy subsea pipelines, 100 km of subsea composite cables, and 150 km of fibre optic cables, in addition to several other subsea facilities.

This award further strengthens Saipem’s presence in Qatar and follows the EPC package for the North Field Production Sustainability Offshore Compression Complexes Project – COMP 2, which was awarded in October 2022 and is currently underway.

For more information visit www.saipem.com

On 9 September 2024, the company Gerotto Federico Srl obtained the QAR IECEx quality certification. This is an important milestone in the company’s path of innovation that confirms its drive to research and develop solutions in line with the most demanding international regulations. This new voluntary certification continues the path begun years ago with the ATEX certification, making the company a worldwide reference player in tank cleaning and industrial cleaning technologies.

“This certification – comments Alessandro Gerotto, CEO of the company – is the result of excellent teamwork by our R&D department, technicians, workers and all the staff that make up Gerotto Robotics. It is a certification that plays a strategic role in consolidating our positioning and opening up new markets that have an important growth forecast.”

The IECEx standard is on a voluntary basis and is recognised internationally in 36 countries and provides – in the interests of transparency – for the publication of certified companies on the IECEX website a few months after obtaining certification.

For more information visit www.gerotto.it

Trafigura has announced the appointment of Jiri Zrust to the newly created role of global head of operational assets, effective 1 October 2024. Jiri will join the group from CVC Capital Partners in London, where he was partner, head of infrastructure, and a member of the Strategic Opportunities team.

In his new role, Jiri will lead the operational assets division, overseeing the governance and management of Trafigura’s controlled and minority-owned assets across sectors such as infrastructure, downstream and midstream oil, mining, metals refining, power generation, logistics, and renewables.

Before joining CVC, Jiri spent ten years at Macquarie Group, where he was senior managing director and head of energy transition. His experience includes leading infrastructure and physical asset projects across Europe. Jiri also has 17 years of experience in the transport and logistics sector.

Jeremy Weir, executive chairman and CEO of Trafigura, said: “We are thrilled to welcome Jiri Zrust to lead our operational assets division, which will serve as a fourth pillar of our business alongside our Oil and Petroleum Products, Metals and Minerals, and Gas, Power and Renewables trading divisions. Jiri’s expertise will support operational excellence and enhance health, safety, and environmental performance across our asset businesses.”

Jiri Zrust commented: “I am excited to join Trafigura in a role that aligns with my experience in infrastructure, logistics, and the energy transition.”

Jiri holds an industrial engineering background and an MBA from the Open University Business School, UK.

For more information visit www.trafigura.com

Höegh LNG, a global leader in marine energy infrastructure solutions, has announced its rebranding as Höegh Evi. The new name, “Evi,” which stands for “energy vector infrastructure,” reflects the company’s expansion beyond LNG import terminals to include clean energy solutions. In addition to LNG, Höegh Evi will focus on floating infrastructure for ammonia and hydrogen, as well as carbon transport and storage.

Erik Nyheim, president & CEO of Höegh Evi, stated, “In a world of rapid change and evolving energy demands, customers need a partner to balance today’s energy security needs with tomorrow’s clean energy ambitions. Höegh Evi will continue to be a leader in floating LNG infrastructure while also advancing clean energy solutions by the end of this decade.”

Höegh Evi, a pioneer in liquefied gas handling for over 50 years, maintains one of the world’s largest fleets of floating storage and regasification units (FSRUs) and LNG carriers. The company is also developing marine infrastructure, including floating ammonia and hydrogen import terminals, ammonia cracking technology, and CCS.

Chairman of the board Morten W. Høegh added, “Our new name reflects our heritage in LNG and our commitment to meeting new demands in the energy transition. The Höegh Evi team is excited to develop clean and efficient solutions for people and the planet.”

The rebrand includes a new logo and visual identity.

For more information visit www.hoeghevi.com