Regions
EIG-Led Consortium Closes $12.4 Billion Infrastructure Deal with Aramco
EIG, a leading institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today announced the closing of its previously announced transaction with Saudi Arabian Oil Co. (“Aramco”), under which a consortium of investors acquired a 49% equity stake in Aramco Oil Pipelines Company (“Aramco Oil Pipelines”), a newly formed entity with rights to 25 years of tariff payments for oil transported through Aramco’s stabilized crude oil pipeline network.
Worley appointed for concept design of Ireland's first green H2 production facility
Worley has been appointed by energy company EI-H2 to help develop Ireland’s first commercial scale green hydrogen production facility.
Mocean Energy unveils Blue X wave energy prototype
Mocean Energy unveiled their Blue X wave energy prototype which will take to the seas in Orkney next month. The 20-metre long, 38-tonne wave machine has been fabricated wholly in Scotland and will be deployed at the European Marine Energy Centre’s Scapa Flow test site for sea trials initially, and then later deployed at EMEC’s large scale Billia Croo test site this summer. Next year, the wave pioneers plan to connect the device to a subsea battery which will be used to power a remotely operated autonomous underwater vehicle (AUV).
Gwadar Refinery Plans are Shifting Over to Karachi
Saudi Arabia has reportedly altered its intentions to build a new refinery in Gwadar over to a new location near Karachi. Gwadar has been considered a key piece for the China-Pakistan Economic Corridor, and this decision to move away is likely a detriment to the plans for this hub.
Methanol Plant in Washington Ceases Development
Northwest Innovation Works of Washington (NWIW) recently announced that it was temporizing any further development of the company’s proposed methanol plant in Kalama, Washington. The project is “effectively ended” according to the Port of Kalama, as NWIW intends to terminate its lease in the area.
Empire Midstream Acquires Offshore Gulf of Mexico Pipeline
Empire Midstream announced that its affiliate Empire Auger 12 has acquired the Auger 12” pipeline from Pecten Midstream, a subsidiary of Shell Midstream Partners, with specific terms of the transaction not disclosed.
Macquarie closes €90 million debt investment in Spanish CSP portfolio
Macquarie Asset Management has today announced a €90 million debt investment in a portfolio of concentrated solar power (CSP) plants in southern Spain. The 120 MW capacity portfolio is comprised of the 20 MW Gemasolar tower plant, the world’s first solar plant to achieve 24-hour operations, and two 50 MW parabolic trough solar parks, Valle 1 and Valle 2. The portfolio, located in Andalusia, produces enough green energy to power the equivalent of more than 84,000 Spanish households and avoids 126,000 tonnes of carbon emissions every year.
dCarbonx to expand subsurface H2 storage solution in Belfast
dCarbonX Ltd said its plans are advancing rapidly for the development of large and secure underground hydrogen storage in Belfast, Northern Ireland with a target to reduce carbon intensive natural gas usage.
Nigeria’s Dangote Refinery Maintains Progress
According to recent remarks made by a Dangote spokesman, the 650,000 barrel per day Dangote refinery currently under construction could see commissioning by the end of 2021.
Blue Elephant Energy and EnBW sign long-term power purchase agreements for PV projects in Spain
The Hamburg-based operator of solar and wind power plants Blue Elephant Energy AG (BEE) and EnBW Energie Baden-Württemberg AG (EnBW) entered into long-term power purchase agreements (PPAs) for a 150-megawatt solar park project in the Spanish region of Andalusia. Both parties have agreed not to disclose any details about the economic terms of the electricity price, which has been fixed for 10 years.
First Train at Amur GPP Begins Operations
The ambitious Amur Gas Processing Plant (GPP) in the town of Svobodny in Amur Oblast, Russia has seen the commissioning of its first train on June 9th, 2021. This plant will have six trains in total when it sees full completion and operation in 2025.
Nord Stream 2 to Start Work on Filling Pipeline on Friday
Russia's Nord Stream 2 gas project will start preparations on Friday to fill the first of two pipelines with natural gas, the Gazprom-led project said on Thursday.
Masdar wins Uzbekistan solar tenders
The Ministry of Energy of the Republic of Uzbekistan has large ambitions with solar power. It has a broad program to construct solar PV plants with a total capacity of 1 gigawatt (GW).
One Password Allowed Hackers to Disrupt Colonial Pipeline
The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month's cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system by stealing a single password.
NNPC Looks to Take Stake in Upcoming Refineries
The Nigerian National Petroleum Corporation (NNPC) has been endeavoring to acquire equity in as many as six developing private refineries in the country.
NextChem wins FEED Contract for TotalEnergies’ Renewable Project
Maire Tecnimont SPA recently announced that its subsidiary NextChem has won a contract from TotalEnergies for the purpose of completing Front-End Engineering Design duties for the developing renewable production activities at TotalEnergies’ Grandpuit complex in France.
Driftwood LNG Export Project in Louisiana to Start Construction This Year
According to recent comments from Tellurian Executive Chairman Charif Souki, the Driftwood LNG export terminal under development in Louisiana is now expected to begin construction this summer.
Doosan Heavy to boost H2 gas turbine development efforts
Doosan signed an MOU with Ulsan Metropolitan City, Korea East-West Power and SK Gas on pursuing a hydrogen gas turbine demonstration project.
Tellurian and Vitol sign 10-year LNG agreement for 3 mtpa
Tellurian Inc. (Tellurian) (NASDAQ: TELL) announced today it has finalized a liquefied natural gas (LNG) sales and purchase agreement (SPA) with Vitol Inc. (Vitol).
First floating solar plant in Albania starts commercial operations
Statkraft, Europe’s largest renewable energy generator, in cooperation with Norwegian supplier Ocean Sun has started commercial operations at the first unit of its floating solar project in Albania, further contributing to the country’s renewable energy journey.
Largest yet for the Philippines
Siemens Gamesa has secured an order to supply, install and commission 32 turbines in the Philippines.
Concordia Damen signs historic contract with Lenten Scheepvaart for first ever inland hydrogen vessel
Concordia Damen has signed a historic contract with Lenten Scheepvaart. The contract, signed on 18th March by Harm Lenten and Concordia Damen CEO Chris Kornet, is for the construction of the first ever inland waterway vessel to run on hydrogen.
Novatek looks east to China
Russia’s largest independent natural gas producer, Novatek, has signed a long-term supply deal with Zhejiang Energy.
bp boosts its renewables business in the US with 9GW solar acquisition to be developed by Lightsource bp
bp reached an agreement today to purchase 9GW of solar development projects in the US from independent US solar developer 7X Energy. The acquisition represents a significant step towards bp’s target of growing its net developed renewable generating capacity to 20GW by 2025 and aim to increase this to 50GW by 2030. The deal will also grow bp’s renewables pipeline from 14GW to 23GW. These assets will be developed through bp’s 50-50 solar joint venture Lightsource bp, a global leader in solar energy, applying Lightsource bp’s capabilities to accelerate bp’s renewables targets.
Ministry of Energy awards tender for construction of 457 MW solar energy plant
The Ministry of Energy of Uzbekistan is pleased to announce the Winning Bidder of the tender for the construction of a 457 MW solar photovoltaic (PV) plant, in the Sherabad district of the Surkhandarya region, has been awarded to Abu Dhabi Future Energy Company PJSC (Masdar). The President of Uzbekistan Shavkat Mirziyoyev formally launched the implementation phase of the project on a visit to the site on 1 June 2021.
Shell selects Worley for green H2 hub in the Netherlands
Shell Nederland Verkoopmaatschappij BV (Shell) has awarded Worley a services contract to support the development of a new 200 MW electrolysis-based hydrogen plant in Rotterdam, the Netherlands.
AlpinSolar: construction starts on largest alpine solar plant in Switzerland
Over the next four months, Axpo and IWB will build the largest alpine solar plant in Switzerland at the Muttsee dam. Following construction approval from the local municipality of Glarus Süd, the first components were transported to the dam yesterday. AlpinSolar will generate 3.3 million kilowatt hours of electricity annually, half of which will be in the winter months. Supermarket chain Denner has concluded a 20-year power purchase agreement for the electricity produced by the plant.
Nacero Awards FEED Contract to Bechtel for GTG plant
Nacero of Houston has awarded a Front End Engineering and Design (FEED) contract to Bechtel for a proposed natural gas to gasoline (GTG) plant in Penwell, Texas. This multibillion-dollar facility has an anticipated capacity for 115,000 barrels per day and is believed to the first gasoline manufacturing facility to include carbon capture, its storage, and 100% renewable power.
NNPC in Discussions to Take 20% of Upcoming Dangote Refinery
The state-owned Nigerian National Petroleum Corp (NNPC) is reportedly endeavoring to acquire a 20% piece of the upcoming massive Dangote refinery in Nigeria. This refinery has a capacity for 650,000 barrels per day and is currently expected to begin production in 2022 as the largest refinery in Africa.
Tellurian and Gunvor sign 10-year LNG agreement for 3 mtpa
Tellurian Inc. (Tellurian) (NASDAQ: TELL) and Gunvor Singapore Pte Ltd (Gunvor) announced today a liquefied natural gas (LNG) sales and purchase agreement (SPA) for three million tonnes per annum (mtpa) for a ten year period, indexed to a combination of two indices; the Japan Korea Marker (JKM) and the Dutch Title Transfer Facility (TTF), netted back for transportation charges.
