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Venture Global Announces Final Investment Decision and Financial Close for Plaquemines LNG
Today Venture Global LNG is announcing a final investment decision (FID) and successful closing of the $13.2 billion project financing for the initial phase (an upsized 13.33 MTPA) of the Plaquemines LNG facility and the associated Gator Express pipeline. This transaction represents the largest project financing in the world closed to date in 2022. The proceeds of the debt and equity financing fully fund the balance of construction and commissioning of the initial phase. This is the first LNG project located in the United States to reach financial close since Venture Global’s Calcasieu Pass facility in August 2019.
Lummus and Clariant Awarded Contract for One of the World’s Largest PDH Units
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced it and its catalyst partner Clariant have been awarded a major contract by Fujian Meide to supply CATOFIN technology and catalysts for a new, world-scale propane dehydrogenation (PDH) unit in Fuzhou, China.
Sempra Infrastructure and RWE Sign Heads of Agreement for U.S. LNG Supply
Sempra Infrastructure, a subsidiary of Sempra today announced it has entered into a heads of agreement (HOA) with RWE Supply & Trading, a subsidiary of RWE, for the purchase of approximately 2.25 million tonnes per annum (Mtpa) of liquefied natural gas (LNG). The LNG is to be supplied on a long-term, free-on-board basis from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas.
Nutrien Announces Intention to Build Clean Ammonia Production Facility
Nutrien Ltd. announced that it is evaluating Geismar, LA as the site to build the world’s largest clean ammonia facility. Building on the company’s expertise in low-carbon ammonia production, clean ammonia will be manufactured using innovative technology to achieve at least a 90 percent reduction in CO2 emissions. The project will proceed to the front-end engineering design (FEED) phase, with a final investment decision expected to follow in 2023. If approved, construction of the approximately US$2 billion facility would begin in 2024 with full production expected by 2027.
Abu Dhabi’s ADNOC and Masdar to join bp’s UK hydrogen projects
p has taken a major step forward in strengthening its strategic partnership with ADNOC and Masdar of Abu Dhabi, bringing international participation to its planned blue and green hydrogen developments in Teesside in the north-east of England.
TotalEnergies Signs LNG Long-Term Sale Contract with Hanwha Corporation
Against the backdrop of World Gas Conference 2022, TotalEnergies announces the signing of a Sale and Purchase Agreement (SPA) with the Korea’s Hanwha Energy Corporation for the supply of 600,000 metric tons of liquefied natural gas (LNG) per year over 15 years, starting in 2024.
REUP Project Adds Wood Group for FEED Duties
Pakistan Refinery Limited (PRL) has signed an agreement with Wood Group UK Limited (Wood) in Dubai on May 19, 2022 appointing them as the Front End Engineering Design (FEED) Contractor for the Refinery Expansion and Upgrade Project (REUP). The Contract was signed by Mr. Zahid Mir, CEO and MD of PRL and Mr. Daniel Jennings, Head of Commercial, UK Projects of Wood. The signing ceremony was attended by Syed M. Taha, MD & CEO of Pakistan State Oil (PSO) and a member of PRL Board of Directors, certain other Board members and the leadership team of PRL, and senior representatives of Wood.
Sempra Infrastructure Signs Participation Agreement with TotalEnergies, Mitsui, Mitsubishi for Carbon Sequestration Project in Louisiana
Sempra Infrastructure, a subsidiary of Sempra, today announced it has signed a participation agreement with TotalEnergies, Mitsui & Co., Ltd. and Mitsubishi Corporation for the development of the proposed Hackberry Carbon Sequestration (HCS) project in Southwest Louisiana.
Kent wins major contract for Vertex Hydrogen, part of the Hynet NorthWest
HyNet, the UK’s leading industrial decarbonisation cluster was selected by the UK Government as a Track 1 cluster. The project will unlock a low carbon future for North West England and North Wales, producing and distributing low carbon hydrogen to replace the fossil fuels used in industry, transport, and homes, and capture and store carbon dioxide.
Shell Brasil and Porto do Acu announce green hydrogen project
Shell Brasil and Porto do Açu today signed a Memorandum of Understanding (MoU) for the joint development of a pilot plant to generate green hydrogen at the port facilities, located in the northern region of the country. Rio de Janeiro state. The project is a pioneer in Brazil and will work as a research laboratory to develop learning, carry out decarbonization tests and boost this industry in the country.
Excelerate Energy and Gasgrid Finland Sign FSRU Charter Agreement
Excelerate Energy, Inc. and a subsidiary of Gasgrid Finland Oy today signed a ten-year contract in Helsinki to charter a floating storage and regasification vessel (FSRU) that will provide flexible, reliable, and secure liquefied natural gas (LNG) to Finland, Estonia, and the Baltic Sea Region.
Winners of £60 million UK government competition to develop hydrogen as the superfuel of the future unveiled
HySupply 2 competition winners to receive government funding for innovation in hydrogen supply. £60 million competition will support innovation in the supply of hydrogen, making new superfuel more viable funding will help position UK as world leader in this emerging industry, boosting long term growth and helping produce more clean, affordable, homegrown energy 28 projects in all 4 nations of the UK to receive share of funding – powering forward an industry expected to create around 12,000 jobs
bp and Linde plan major CCS project to advance decarbonization efforts across Texas Gulf Coast
bp and Linde today announced plans to advance a major carbon capture and storage (CCS) project in Texas that will enable low carbon hydrogen production at Linde’s existing facilities. The development will also support the storage of carbon dioxide (CO2) captured from other industrial facilities – paving the way for large-scale decarbonization of the Texas Gulf Coast industrial corridor.
Sif Group, representing KCI the engineers, GE Renewable Energy and Pondera sign an MoU for the feasibility study of a Green Hydrogen Centralized Offshore Wind Production Project: “AmpHytrite”
The AmpHytrite project, is aimed at mastering the complexity of a centralized offshore and off-grid hydrogen production unit and is aiming a staged construction and operation of this green hydrogen offshore wind production unit. The ultimate objective of the project would be to contribute to affordable large-scale green hydrogen production at sea, thereby supporting decarbonization and accelerating the energy transition.
GAIL awards contract to set up one of India’s largest PEM based Green Hydrogen project
In line with the National Hydrogen Mission, GAIL (India) Limited has awarded a contract to set up one of the largest Proton Exchange Membrane (PEM) Electrolyser in India. The project would be installed at GAIL’s Vijaipur Complex, in Guna District of Madhya Pradesh, and would be based on renewable power.
Sempra Infrastructure and PGNiG Advance North American LNG Alliance
Sempra Infrastructure, a subsidiary of Sempra, and the Polish Oil & Gas Company (PGNiG) today announced they have entered into a heads of agreement (HOA) for the purchase of approximately 3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) delivered free-on-board from Sempra Infrastructure's portfolio of LNG projects in North America.
ADNOC Pushes Forward with Fujairah LNG Export Terminal
McDermott International recently announced that it will be the design contractor for the upcoming Abu Dhabi National Oil Co. (ADNOC) owned LNG export terminal currently under development in the port of Fujairah, UAE.
King inaugurates Iberdrola's green hydrogen plant in Puertollano
His Majesty King Felipe VI, accompanied by the President of the Regional Government of Castilla-La Mancha, Emiliano García-Page, and the Chairman of Iberdrola, Ignacio Galán, today inaugurated the company's green hydrogen plant in Puertollano (Ciudad Real). It is the largest facility of its kind for industrial use in Europe, and is also the largest plant currently operating in the world.
TA’ZIZ EDC & PVC JV in Ruwais Adds Shaheen of UAE as Partner
TA’ZIZ recently announced that Shaheen Chemical Holdings of the UAE will become a partner in the proposed TZ’ZIZ EDC & PVC project to be placed in Ruwais’ TA’ZIZ Industrial Chemicals Zone. Shaheen will join existing partners Reliance Industries Ltd, ADNOC, and ADQ in the Abu Dhabi Chemical Derivatives Company RSC Ltd joint venture.
Parkland announces plans to expand co-processing activities and build British Columbia’s largest renewable diesel complex
Parkland Corporation announced plans to increase renewable fuel production at its Burnaby Refinery in British Columbia.
Venture Global and Petronas Announce Sales and Purchase Agreement
Venture Global LNG and PETRONAS LNG Ltd., a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS, announced the execution of a new 20-year Sales and Purchase Agreement (SPA) for the purchase of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s Plaquemines LNG facility. With this agreement, Venture Global has now announced 20-year sales for 16 MTPA of the 20 MPTA nameplate capacity at Plaquemines LNG.
LONGi Hydrogen wins in the world's largest Green Hydrogen Project
Only 1 year after its establishment, LONGi Hydrogen wins in the Sinopec Green Hydrogen Demonstration Project, to supply world leading large scale ALK electrolysis equipment. The project is China's first >10,000 ton green hydrogen project and the world's largest green hydrogen project so far.
Venture Global Announces LNG Sales and Purchase Agreements with ExxonMobil
Venture Global LNG announced the execution of two new long-term Sales and Purchase Agreements (SPAs) with ExxonMobil LNG Asia Pacific (EMLAP) for the sale of 2 million tonnes per annum (MTPA) of liquefied natural gas (LNG). Under the agreements, the ExxonMobil affiliate will purchase 1 MTPA from the Plaquemines LNG facility (Plaquemines) as well as 1 MTPA from the CP2 LNG facility (CP2). This is the second supply agreement for CP2, which is expected to commence construction in 2023. Both facilities will replicate the same successful innovative design seen in operation today at Calcasieu Pass, where speed of execution resulted in the production of first LNG only 29 months after FID.
ENGIE, OCI and EEW announce their partnership on the HyNetherlands project in the Netherlands
ENGIE, OCI, Europe's leading producer of methanol, and EEW, a leading company in the production of electricity and heat from waste-to-energy, announced on May 9, 2022 their collaboration on the HyNetherlands (HyNL) project, in the north of the Netherlands (province of Groningen).
BP and Clean Planet Energy Reach Agreement to Help Advance the Circular Plastics Economy
bp has signed a ten-year offtake agreement with Clean Planet Energy, a UK-based company that is developing facilities to convert hard-to-recycle waste plastics into circular petrochemical feedstocks and also into ultra-low sulphur diesel (ULSD). Clean Planet Energy designs and builds facilities – which they refer to as ecoPlants – that are expected to process plastics typically rejected by traditional recycling centres and so would otherwise be sent to landfill or incineration.
Enbridge and Humble Midstream to Develop Low-carbon Hydrogen and Ammonia Production and Export Facilities
Enbridge Inc. and Humble Midstream, LLC (Humble), an EnCap Flatrock Midstream portfolio company, are pleased to announce the joint development and marketing of a low-carbon hydrogen and ammonia production and export facility which will be located at the Enbridge Ingleside Energy Center (EIEC), near Corpus Christi, Texas.
Uniper to build Germany's first LNG terminal – aim is to diversify natural gas supply sources
At a press conference in Wilhelmshaven today, several important news items for Germany's energy future were announced: Federal Minister Robert Habeck and the Lower Saxony Ministers Olaf Lies and Bernd Althusmann set the "first pile driving" for the construction of the first terminal for liquefied natural gas (LNG) in Germany. Uniper, as builder and operator of the terminal, will invest around €65 million.
Wintershall Dea helps shape the Wilhelmshaven Energy Hub
Wintershall Dea’s project, BlueHyNow, will be developed on the German North Sea coast at Wilhelmshaven. Wilhelmshaven already boasts strong, networked infrastructure: two nearby landing points for gas from Norway, the possibility of hydrogen storage in neighbouring facilities, and a direct link to the planned German hydrogen network. It has a deep-water port where large tankers can also dock. And CO2 can also be transported from Wilhelmshaven. Work on setting up a first LNG terminal in the coastal town in Northern Germany is now also beginning.
ScottishPower and Storegga form Green Hydrogen partnership to transform industry in the Highlands
ScottishPower and Storegga announce plans to build a series of green hydrogen projects in the Highlands The initial project phases will be focused in the Cromarty Firth region (north of Inverness) and will provide green industrial heat across the region for a range of customers including distilleries and transportation sectors The projects are expected to deliver hundreds of MW of green hydrogen production capacity before end of the decade, with plans for the first project to be operating by 2024 ScottishPower and Storegga have formed a partnership to develop, build and operate green hydrogen production plants across Scotland – with the potential to transform industry and transportation in the Highland region.
Everwind advances Novia Scotia hydrogen project
Developer aims to develop Point Tupper storage terminal into regional hydrogen and ammonia hub Canadian developer Everwind Fuels has acquired the Point Tupper energy storage terminal in Novia Scotia from Texas-based Nustar Energy for $60mn, with the aim of developing the site into a green hydrogen hub for eastern Canada.
