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Infrastructure

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German OGE comes onboard H2Med green hydrogen pipeline project
Infrastructure

German OGE comes onboard H2Med green hydrogen pipeline project

German gas grid operator Open Grid Europe (OGE) has joined its Spanish, French, and Portuguese counterparts as a promoter of the European H2Med green hydrogen project. During the event ‘H2Med, an example of European energy cooperation’ at the Spanish Embassy in Berlin, OGE signed a memorandum of und

about 3 years ago
Michael Parker
Infrastructure

Parker: Shipping financing will not be the same

Green corridors are likely to transform the realm of shipping finance as the focus shifts from emissions from ships to the entire supply chain, according to Michael Parker, Chairman of the Poseidon Principles. Parker spoke on a panel on Wednesday as part of the launch of Progress Toward Shipping’s 2

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about 3 years ago
CoolCo secures sale and leaseback financing for two newbuild LNG carriers
Infrastructure

CoolCo secures sale and leaseback financing for two newbuild LNG carriers

Cool Company (CoolCo) has entered into sale and leaseback financing arrangements with Huaxia Financial Leasing for two LNG carriers that are being built by Hyundai Samho Heavy Industries in South Korea. Following the earlier announcement of the purchase of two 2-stroke LNG carrier newbuilds, namely

about 3 years ago
BP ships first LNG cargo from expanded Tangguh facility in Indonesia
Infrastructure

BP ships first LNG cargo from expanded Tangguh facility in Indonesia

UK-based energy giant BP has shipped the first LNG cargo produced by the new liquefaction train at the Tangguh LNG facility in Papua Barat, Indonesia, marking the start of full commercial operation of the expanded Tangguh LNG facility. The LNG cargo produced by the new train sailed from Tangguh on O

about 3 years ago
Australian maritime body urges 'shakeup' of oil & gas infrastructure decommissioning policy
Infrastructure

Australian maritime body urges ‘shakeup’ of oil & gas infrastructure decommissioning policy

The Maritime Union of Australia (MUA) is urging the Australian government for a major shakeup of government policy and regulation of the dismantling, processing, recycling and disposal of offshore oil and gas infrastructure. MUA, alongside Macquarie University’s Centre for Energy and Natural Resourc

about 3 years ago
Steel cut for CoolCo’s 2-stroke LNG carrier
Infrastructure

Steel cut for CoolCo’s 2-stroke LNG carrier

South Korean shipbuilder Hyundai Samho Heavy Industries has started the construction of a 2-stroke LNG carrier for Cool Company (CoolCo). According to CoolCo’s brief social media update, the steel cutting ceremony for the LNG carrier was held on October 10, 2023. The vessel named Kool Panther is one

about 3 years ago
With FID in place, first Dutch CO2 storage project cleared for take-off
Infrastructure

With FID in place, first Dutch CO2 storage project cleared for take-off

The final investment decision (FID) has been made for the Porthos CO2 storage project – the first such project in the Netherlands, allowing construction to start next year. Porthos, a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority, will provide transport and storage services to s

about 3 years ago
Excelerate Energy signs 10-year FSRU charter deal with Petrobras
Infrastructure

Excelerate Energy signs 10-year FSRU charter deal with Petrobras

Texas-based LNG company Excelerate Energy has signed a ten-year contract with Brazilian state-owned oil and gas giant Petrobras to charter the floating storage and regasification unit (FSRU) Sequoia. Under the agreement, which will commence on January 1, 2024, Excelerate will continue to deploy the

about 3 years ago
APM Terminals Suape
Infrastructure

APM Terminals making headway on Brazil’s 100% electrified terminal

APM Terminals Suape, part of Maersk’s port logistics arm APM Terminals, has received approval from Brazil’s National Waterway Transport Agency to change its cargo profile, enabling the terminal to operate containerized cargo and expand the area to be used by the terminal. APM Terminals Suape will op

about 3 years ago
Proman teams up with Mitsubishi to develop low-carbon ammonia plant in Louisiana
Infrastructure

Proman teams up with Mitsubishi to develop low-carbon ammonia plant in Louisiana

Methanol producer and supplier Proman has signed a memorandum of understanding (MoU) with Japan’s Mitsubishi Corporation to examine building a low-carbon ammonia facility in Lake Charles, Louisiana. According to Proman, the proposed plant would produce approximately 1.2 million tons per year of clea

about 3 years ago
Eni and UK outline key terms for CO2 transport and storage at HyNet North West
Infrastructure

Eni and UK outline key terms for CO2 transport and storage at HyNet North West

Eni and the UK Government’s Department of Energy Security and Net Zero (DESNZ) have reached an agreement in principle on the key terms and conditions for the economic, regulatory, and governance model for the transportation and storage of CO2 at the HyNet North West industrial CCS cluster. Principle

about 3 years ago
UK decommissioning firm sets sight on CCS projects
Infrastructure

UK decommissioning firm sets sight on CCUS projects

UK well decommissioning company Well-Safe Solutions is targeting carbon capture, usage and storage (CCUS) projects with the appointment of the company’s first energy transition manager. Well-Safe announced on 17 October that it is adding CCUS as well as geothermal project capabilities to its offerin

about 3 years ago
Prysmian produces cables for 3 GW submarine link between Middle East and North Africa
Infrastructure

Prysmian produces cables for 3 GW link between Middle East and North Africa

Italian cabling giant Prysmian has completed the manufacturing of cables for the submarine power interconnection between Egypt and Saudi Arabia – the first-ever large-scale link between the Middle East and North Africa. Prysmian secured the contract worth about €221 million with the Egyptian Electri

about 3 years ago
Petrobras picks Ocyan to revitalize gas pipeline network
Infrastructure

Petrobras picks Ocyan to revitalize gas pipeline network

Brazilian state-owned oil and gas giant Petrobras has awarded compatriot offshore oil and gas services provider Ocyan with a contract to carry out the revitalization of a network of gas pipelines in the Campos Basin. The contract, valued at approximately $317.49 million, is expected to last four and

about 3 years ago