Energy Transition
News
May 22, 2024
Abu Dhabi National Oil Co. (ADNOC) will purchase the stake in the Area 4 concession from Galp Energia SGPS SA, it said in a statement Wednesday. Galp will receive $650 million, and further contingent payments of as much as $500 million when two planned development phases go ahead, the Portugese company said in a separate statement.
Webcast
Carbon Circle’s Approach to Scaling Up Carbon Capture and Storage (CCS)
June 20, 2024
AspenTech
Join experts from Carbon Circle, an EPC specialist in carbon removal and energy transition solutions, to hear how they are improving the economics, execution and scale-up of their projects—including energy-from-waste (EfW) with integrated CCS. They’ll discuss the challenges of scaling carbon capture solutions and how they are overcoming them with the help of AspenTech solutions.
During this webinar, you will learn how Carbon Circle is:
• Designing cost-effective carbon capture facilities that prioritize energy reduction
• Reducing the costs associated with carbon capture via modularization and other strategies
• Understanding and improving carbon capture through rigorous modeling of advanced solvents and the total system
In addition, experts from AspenTech will highlight the advantage of the rate-based distillation method for carbon capture modeling. Register today!
News
May 20, 2024
ADNOC has acquired an 11.7% stake in Phase 1 of NextDecade Corporation’s Rio Grande LNG in Texas, United States. The project is expected to produce a less carbon-intensive LNG. Additionally, ADNOC and NextDecade have entered into a 20-year LNG offtake agreement from RGLNG Train 4.
News
May 15, 2024
Developed by Italy’s Eni, the project delivered its first LNG cargo this year and has laid the foundation for new investments in Congolese gas.
Article
March 2024
Ongoing monitoring advances will help operators achieve new levels of operational efficiency and risk management to meet business objectives while providing local communities, regulators and investors with safe, durable CO2 storage.
Article
April 2024
Reducing reliance on hydrocarbons for power is critical to achieving near- and long-term sustainability targets. Siemens Energy is collaborating with major offshore operators to implement decarbonization strategies for electrification, automation and digitalization. This article highlights successful implementation of technologies at several projects and discusses other promising concepts under development.
News
May 13, 2024
TechnipFMC will design, manufacture, and install the subsea production system, flexible pipe, and umbilicals for the Xena Infill well (XNA03) to support ongoing production from the Pluto LNG Project. The award follows an integrated front end engineering design (iFEED™) study.
News
May 12, 2024
The agreement aims to support the commercialization of a broad range of technological advancements and solutions, green retrofit products and services such as carbon capture, electrification and energy efficiency measures.
News
May 12, 2024
The agreement combines Honeywell's emissions management suite with Weatherford's Cygnet SCADA platform, providing customers with a powerful tool to monitor, report, and take measures to help reduce greenhouse gas emissions, flammable hydrocarbons, and other potentially dangerous and toxic gases.
News
May 09, 2024
During a panel on Tuesday, May 7, Day 2 of OTC 2024, Celine Gerson—President and Group Director of Fugro’s U.S. business—offered insight into the company’s journey to becoming a key geophysics data player. As Gerson noted, the impact of access to electrical power—particularly in the developing world—is profound, and with the global population projected to grow 25% by 2050, that fact is more urgent than ever.
News
May 09, 2024
The government released a long-term framework, called the Future Gas Strategy, on Thursday to establish natural gas’s role in the transition to cleaner energy, as it looks to meet a target for net zero by 2050.
News
May 08, 2024
The Ruwais LNG plant is set to be the first LNG export facility in the Middle East and Africa region to run on clean power and will leverage the latest technologies and artificial intelligence (AI) tools to minimize emissions and drive efficiency.
News
May 06, 2024
The company expects to make additional investments in the proposed Commonwealth LNG project in Louisiana. Kimmeridge is also open to deals with other U.S. LNG export projects.
News
May 05, 2024
The discussions involve liquefied gas to be produced at Tellurian’s proposed Driftwood LNG project in Louisiana and NextDecade’s Rio Grande terminal in Texas, said the people, who asked not to be named discussing non-public information.
News
May 02, 2024
Commissioner Christian denounced President Biden's actions as election year politics, asserting that the pause on LNG exports would neither reduce emissions nor benefit allies, instead making energy more expensive and less accessible.
News
May 01, 2024
The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, will redirect gas that would have previously been flared through a new compressor system offshore to be treated and then reused.
News
April 24, 2024
The contract covers Engineering, Procurement and Construction (EPC) of a natural gas liquefaction train with an LNG production capacity of 1 MMtpa.
News
April 24, 2024
Texas LNG Brownsville LLC and a subsidiary of Glenfarne Energy Transition, LLC, has signed a second Heads of Agreement (HOA) with EQT Corporation for natural gas liquefaction services for an additional 1.5 MMtpa of LNG over 20 years.
News
April 24, 2024
"Any actions to delay or reduce Gulf of Mexico oil and gas lease sales could inadvertently delay offshore wind lease sales," said the National Ocean Industries Association (NOIA) President Erik Milito.
News
April 23, 2024
The Independent Petroleum Association of America (IPAA) and the American Petroleum Institute (API) released statements on the new National Petroleum Council (NPC) report on reducing greenhouse gas emissions from the natural gas supply chain being presented to Department of Energy Secretary Granholm.
News
April 23, 2024
The Ruwais project, which is currently fully owned by Adnoc, will have the capacity to export 9.6 million tons of LNG per year, more than doubling the UAE’s total output
