London, 14 September, 2023, (Oilandgaspress) : TotalEnergies Launches a Call for Tenders for the Supply of 500,000 tons per year of Green Hydrogen. As part of the drive to decarbonize its European refineries, TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The use of green hydrogen should avoid the emission of around five million tons of CO2 each year from the Company’s European refineries by 2030.
TotalEnergies has six refineries in Europe – Antwerp (Belgium), Leuna (Germany), Zeeland (Netherlands), Normandy, Donges and Feyzin (France) – as well as two biorefineries in La Mède and Grandpuits (France), all of which use hydrogen. The Company wants to replace 500,000 tons per year of this hydrogen consumed in its refineries with green hydrogen produced with renewable energies by 2030. This is a major step towards achieving TotalEnergies’ objective of reducing the net greenhouse gas emissions directly linked to its oil and gas operations (Scopes 1+2) by 40% by 2030 compared to 2015 levels.
India’s road transport minister on Tuesday warned local and foreign automakers to either cut production of polluting diesel vehicles or face higher taxes and levies, setting alarm bells ringing in the world’s third-largest car market. Here are some facts about India’s automotive market, the biggest after China and the United States, where players such as Maruti Suzuki (MRTI.NS), Tata Motors (TAMO.NS) and foreign giants such as Mercedes (MBGn.DE) and Volkswagen (VOWG_p.DE) operate. In India, about four million passenger vehicles were sold in the fiscal year that ended in March, according to data from the Society of Indian Automobile Manufacturers.
Petrol vehicles have been the top sellers in recent years – increasing their market share to around 68.4% in January-July 2023 from 42.5% in 2014, according to data from automotive market intelligence provider JATO Dynamics. Read More
Global Underwater Hub (GUH), the trade and industry development body representing the UK’s growing £8 billion underwater industry, has opened a new north England regional office in Newcastle upon Tyne. The new premises mark the next phase in the organisation’s plans to support the future growth of this diverse, world-leading industry and the wider blue economy. With funding assistance from UK and Scottish governments, the base will serve as a hub for GUH’s members across the north of England. Featuring a dedicated event space, the building will bring together companies working across the oil and gas, offshore energy, defence and subsea cable sectors in the region, and further afield, to enable collaboration and facilitate the exchange of ideas and technology across the sectors.
Major investment is planned around the UK and the world to harness the energy of our seas and oceans to generate power, increase connectivity and bolster food security, aiding the energy transition. Through its new northern hub, GUH will provide its regional members with access to market intelligence and business growth support that enable these companies to capitalise on these opportunities and in turn support revenue generation, job creation, exports and inward investment. Read More
A new report by Robert Gordon University has found that the UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved. However, the new Powering up the Workforce report also warns that if the rate of investment and activity in renewables in the UK does not increase significantly, at a time when oil and gas activities are in rapid decline, then up to 95,000 potential offshore energy jobs will be at risk. Retaining the offshore oil and gas supply chain, its workforce and associated skills over the next five years will be crucial. This is because there continues to be limited capacity for the UK offshore renewables sector to host and accommodate the quantity of skilled oil and gas workers impacted by the predicted decline in the hydrocarbon sector until later this decade.
Professor Paul de Leeuw, Director of the Robert Gordon University Energy Transition Institute, said: “This report presents a range of workforce outcomes that could materialise over the coming years. There is a huge prize up for grabs and we want to equip decision makers – whether in government, industry or in individual businesses – with new insight to convert those opportunities into reality.” “With investment at risk and wind projects facing delays, the findings underline the present-day situation for the UK offshore energy industry and its stakeholders. The big prize of a significant jobs gain is still within our collective reach. Inaction or simply slow progress will mean that offshore energy job numbers overall could drop by 15% to 130,000 by 2030, making the path towards net zero even harder to negotiate.”
The results in Powering up the Workforce are based on data derived from a specially developed workforce visibility tool that draws together information from industry, organisations, governments, individual companies and research analysis to yield valuable new insights. Read More
Forum Energy Technologies (FET) has introduced a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector. With increasing ROV asset investment across hydrocarbon and offshore renewable energy, as well as defence sectors, FET’s new rental offering is designed to address the need for readily available tooling equipment in the development, operation, and maintenance of upcoming offshore projects.
Available immediately for rental are torque tools, linear actuator override tools (LAOTs), isolated hydraulic power units (IHPUs), and associated accessories.
The fleet of tooling will initially be manufactured and managed at FET’s UK facility in Kirkbymoorside, North Yorkshire. FET, which already has an existing rental fleet in Brazil, will also expand the availability of equipment to Europe, Asia and elsewhere in the Americas. FET will continue to design and manufacture and sell its established line of standard tooling and reconfirms its commitment to also developing new and customisable tooling products specific to client needs. James Foster-Rain, Subsea Tooling Manager, at FET said: “With this latest business investment and development, we are excited to offer a comprehensive range of high-quality subsea tooling specifically to meet the demands and needs of subsea operations. “Our robust experience in the market lends itself to understanding and devising industry advancements and, with our team of experts, we are well placed to introduce significant benefits and savings. At FET, we provide the latest technologies to aid clients in their projects, and play our part in creating a more sustainable and secure energy future.” As a global expert for manufacturing quality subsea equipment, FET’s product enhancement builds on its existing position as a provider of smart solutions. In April, FET supplied two light work-class ROVs to a major Asian Navy, while another four have been delivered to DOF Subsea this year. FET’s KMS and Aberdeen offices will service the UK and European markets, its US offices for North American inquiries, and its Singapore office for pricing, deliveries or to schedule a more detailed discussion of the available offering in the Asia-Pacific region. Read More
Vestas has received a 243 MW order to power an undisclosed wind project owned by RWE Clean Energy, LLC, in the USA. The order consists of 54 V163-4.5 MW wind turbines. The order include supply, delivery, and commissioning of the turbines, as well as a multi-year Active Output Management 5000 (AOM 5000) service agreement, designed to ensure optimised performance of the asset.
“RWE is a company with which we share a common vision for the clean energy transition and we’re proud to be able to supply them with our newest turbine to the U.S. market,” said Laura Beane, President of Vestas North America. “The V163-4.5 MW turbine represents a portfolio of turbines delivering flexible and highly efficient wind energy solutions to power the energy transition.”
Turbine delivery begins in the second quarter of 2024 with commissioning scheduled for the fourth quarter of 2024. Read More
Tesla Inc (TSLA.O) plans to source components worth $1.7-$1.9 billion from India this year, the commerce minister said on Wednesday, amid plans by the electric vehicle maker to set up a factory in the country.
Reuters reported last month that Tesla’s senior executives met the minister with an interest in building a factory in India that would produce a low-cost electric vehicle (EV) priced at $24,000, around 25% cheaper than Tesla’s current entry-level model, for both the Indian market and export. Read More
Oman’s new Duqm oil refinery shipped out its first diesel cargo on Tuesday amid trial runs at the complex, the latest facility in the Middle East to commence operations, according to several trade sources and shiptracking data. New refining capacity in the Middle East is being ramped up to capture strong profits from sales of refined products driven by tight supply and low inventories globally. The 230,000 barrel-per-day Duqm refinery – a 50:50 joint venture between Oman’s OQ Group and Kuwait Petroleum International – began trial runs in the middle of this year, three trade sources said. Read More
Ithaca Energy (LON: ITH) announce that the Group has agreed, subject to regulatory approval, to acquire the remaining 30% stake in Cambo from Shell U.K. Limited (“Shell”) taking Ithaca Energy’s stake in Cambo to 100%. The acquisition, which has minimal near-term cost exposure, will provide Ithaca Energy with full control over the progression of the future development of Cambo, the second largest undeveloped oil and gas discovery in the UK North Sea. The consideration, in accordance with the previously announced terms dated 5 May, is payable on the earlier of (i) first oil; and (ii) the receipt of proceeds of any subsequent sale of a working interest in Cambo by Ithaca Energy; and is subject to Ithaca Energy proceeding with FID and/or the NSTA providing development consent. Read More
The leading representative body for the offshore energy sector, Offshore Energies UK, has responded to bp’s Murlach oil and gas field gaining government approval.
OEUK sustainability and policy director, Mike Tholen, said: “The approval of Murlach is good news for the UK’s economy. Every new project approved in UK waters will help us manage our reliance on imported energy as North Sea production declines and renewables ramp up – providing a strong basis for us to build a homegrown energy future in the UK, for the UK. “As we build that future, there’s no simple choice between oil and gas or renewables, the reality is we will need both. By the mid-2030s oil and gas will still provide for 50% of our energy needs, so it’s far better for British jobs, the economy, and our energy security if we meet these needs through our own resources.” Read More
Scientists have managed to generate electricity from the deadly E-coli bacteria—a finding that could lead to a valuable by-product from waste water.
Bioelectronic experts from the Ecole Polytechnique Federale de Lausanne (EPFL) engineered the bacteria to produce electricity in a variety of settings.
The team used a process known as extracellular electron transfer to engineer the bacteria to make them highly efficient electric microbes, leading to a three-fold increase in electrical current generation compared to conventional strategies. Read More
During the period from September 4 to September 8, 2023, Eni acquired on the Euronext Milan no 3,336,689 shares (equal to 0.1% of the share capital), at a weighted average price per share equal to 14.7087, for a total consideration of 49,078,363.92 euro, within the second tranche of the treasury shares program approved by the Shareholders’ Meeting on 10 May 2023, previously subject to disclosure pursuant to art. 144-bis of Consob Regulation 11971/1999.
On the basis of the information provided by the intermediary appointed to make the purchases, here below a synthesis of transactions for the purchase of treasury shares on the Euronext Milan on a daily basis: Read More
Oil and Gas Blends | Units | Oil Price $ | change |
Crude Oil (WTI) | USD/bbl | $88.11 | Down |
Crude Oil (Brent) | USD/bbl | $92.45 | Up |
Bonny Light | USD/bbl | $88.35 | — |
Saharan Blend | USD/bbl | $86.52 | — |
Natural Gas | USD/MMBtu | $2.71 | Up |
OPEC basket 12/09/23 | USD/bbl | $94.09 | Up |
An investment of more than £1million in Luxfer Gas Cylinders’ European base in Nottingham has been announced which will establish a new production facility to support ‘virtual’ gas pipelines that can distribute hydrogen across the UK and Europe.
Luxfer Gas Cylinders, which is a division of Luxfer Holdings PLC (NYSE: LXFR), is a world-leading manufacturer of high-pressure aluminium and composite cylinders. Its Nottingham manufacturing base produces up to one million cylinders each year – and is home to alternative fuel specialists who have embedded world-first hydrogen-powered systems into buses, trucks, trains, boats, tractors and even drones.
This new purpose-built facility will produce Multiple Element Gas Containers (MEGCs), with the very first units available from summer 2024. Available in 20-foot, 40-foot and 45-foot solutions, the G-Stor™ Hydrosphere range can store between 0.5 and 1.4 tonnes of clean gas and transport it to where it’s needed, opening up access to hydrogen for companies targeting greener operations.
Mark Lawday, Vice President and General Manager of Luxfer Europe, explains: “This investment is the natural next step in continuing to build our European hydrogen capability and support the development of the hydrogen economy, which is going to be essential in enabling all of us to reach our decarbonisation goals in Europe in 2030 and beyond.”
With appropriate filling speeds and maximum gas capacity critical to suit different virtual gas pipeline requirements, Luxfer has drawn upon the engineering excellence of its global teams in the UK, Canada and North America, and can offer its trusted G-Stor™ Pro Type 3 cylinder, or the newly launched G-Stor™ Go Type 4 technology.
Mark adds: “Thanks to our industry-leading G-Stor™ Pro Type 3 and G-Stor™ Go Type 4 core cylinder technology, combined with decades of experience in alternative fuel systems design and development, we have a product range to provide customers with a choice of technology, module capacities and features, to match current and future needs.” Ownership of core cylinder technology is fundamental to being able to meet customer needs, explains Nick Herbert, Sales Director at Luxfer Europe: “Because we can control the precise diameter of our cylinders through our proprietary liner manufacturing process, we can start with a blank piece of paper. It gives us the ability to develop the most efficient cylinder geometry to optimise our MEGC designs and deliver customers exceptional value. Read More
OCI Global (Euronext: OCI), the world’s largest producer of green methanol, announced plans to double its green methanol production capacity to approximately 400,000 metric tons per year in response to the growing demand for green methanol from numerous high emissions industries,including road transport, shipping and industrial. The scale-up plans include entering into supply agreements for renewable natural gas (RNG) exceeding 15,000 mmbtu per day – as well as securing the waste and development rights from the City of Beaumont. This is OCI’s first upstream RNG production facility and production is slated to start in Q1 2025. As well as reducing carbon dioxide emissions, obtaining biogas from landfill has the benefit of using methane – which over a 20 year period, has a global warming potential that is 84 times more potent than carbon dioxide – that would otherwise escape and accelerate global warming. A critical manufacturing building block, green methanol can effectively decarbonize traditionally hardto- abate sectors by significantly reducing the carbon footprint and emissions across a range of key value chains to power cleaner industries.
OCI currently has capacity to produce up to 200 thousand metric tons of green methanol. Offtakers include the road fuels market, where it is used as a fuel-blend to reduce emissions from petrol; as a building block in a range of industrial applications; and most recently, as a fuel for shipping. OCI has projected growth in the green methanol market of incremental demand of more than 6 million tonnes by 2028, due to the adoption of green methanol as a shipping fuel, based on the 225 dualfuelled methanol vessels now on order. This summer, the first ever green methanol container vessel, owned by AP Moller Maersk, was fueled with OCI HyFuels green methanol on its maiden voyage from Korea to Copenhagen. The company also announced last month a new agreement with Xpress Feeder Lines to supply their green methanol ships at the Port of Rotterdam from 2025. Read More
Saab and ST Engineering (Singapore Technologies Engineering) signed a Memorandum of Understanding (MoU) at Defence and Security Equipment International (DSEI), London on 13 September 2023.
The MoU signifies both companies’ intent to further strengthen their relationship and collaboration with each other so as to explore opportunities in markets of mutual interest.
“This signing of the MoU is the result of 30 years of cooperation between Saab and ST Engineering. The partnership will see both companies co-creating ‘best of breed’ technological solutions for our customers, both locally and internationally. We look forward to a deeper collaboration that will surely benefit both parties,” says Dean Rosenfield, Senior Vice President and Chief Marketing Officer at Saab. “ST Engineering has a longstanding working relationship with Saab, and we believe that we can deepen this partnership, to collaboratively address opportunities not only in each other’s home market, but also the larger global market, leveraging on each other’s strengths and market positions,” says Mr Chua Jin Kiat, Executive Vice President and Head of International Defence Business, Defence and Public Security Cluster.
ST Engineering has been a partner for Saab in the area of naval, underwater, radar and missile programmes in Singapore for over 30 years. The signing of the MoU is a testament of the trust and long-standing relationship between both companies. Through this collaborative agreement, both companies will expand the partnership and explore opportunities in areas of Radar Integration and Support, Air Defence System Integration, Unmanned Systems, Training and Simulation and Autonomy.
Headquartered in Singapore, ST Engineering is a multinational technology and engineering group in the aerospace, smart city as well as defence and public security sectors. Read More
Biden-Harris administration has opened applications for the Electric Vehicle (EV) Reliability and Accessibility Accelerator program, which will provide up to $100 million in federal funding to repair and replace non-operational EV charging infrastructure.
The National Electric Vehicle Infrastructure (NEVI) Formula Program stipulates a 10% set-aside for grants to states and localities that require additional assistance to strategically deploy electric vehicle charging infrastructure. The first round of funding focuses on improving the reliability of the current network by repairing or replacing existing EV charging infrastructure.
The EV Reliability and Accessibility Accelerator program investments will:
• Complement hundreds of billions in private sector investment
• Support good paying jobs across the country installing, maintaining, and repairing EV infrastructure
• Make our current charging network more reliable—a critical component of the Biden-Harris administration’s comprehensive approach to build a convenient, affordable, reliable, equitable, and Made-in-America national EV charging network. Read More
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