News / International

Wintershall Dea, NWO to Cooperate on Wintershall Dea’s BlueHyNow Project

On Wintershall Dea's BlueHyNow project, Nord-West Oelleitung (NWO) and Wintershall Dea will collaborate. Wintershall Dea, Europe's largest independent gas and oil producer, is planning a plant to produce large quantities of low-carbon hydrogen from Norwegian natural gas. BlueHyNow is part of the EnergyHub being built in Wilhelmshaven. An MOU was signed between the two companies on 2 August, and a feasibility study will be completed by the end of the year. NWO's Wilhelmshaven site will be explored for the construction of a hydrogen production plant.

Siemens Energy Issues a Net Loss Warning due to Russia Restructuring

Siemens Energy, a company that provides equipment to the power sector, issued a warning that its net loss in 2022 would be greater than originally anticipated, based on a charge of about 200 million euros related to the restructuring of its business in Russia.

Eni Secures Acquisition of Tango FLNG from Exmar Group

Eni announced its acquisition of Export LNG Ltd, the company that owns the Tango FLNG floating liquefaction facility. The facility will be used by Eni to develop natural gas in the Marine XII block in the Republic of Congo, as part of Eni's strategy to leverage gas equity resources.

Aramco, SABIC Earn World’s First TÜV Certificate of Accreditation for “Blue” Ammonia, Hydrogen Products

ABIC Agri-Nutrients Company (“SABIC AN”) and the Saudi Arabian Oil Company (“Aramco”) have been recognized as the world's first independent certification in "blue" hydrogen and ammonia production.

El Molla, El Harrar Follow Up On Agreement to Export Gas to Europe

Tarek El Mulla, Minister of Petroleum and Mineral Resources, had a phone call with Karen El Harar, Israeli Minister of Energy, to discuss areas of cooperation between the two sides in the natural gas sector in the region and bilateral cooperation in order to contribute to securing part of the European Union's energy needs.

Petrofac Consortium Wins EPC2 Contract with Sonatrach

The Tinrhert EPC2 Development Project in Algeria has been awarded to Petrofac's consortium with Genie Civil et Batiment (GCB). Petrofac's share of the contract is approximately US$200 million, valued at approximately $300 million.

Aramco, Sinopec Ink Cooperation MoU

Aramco and Sinopec signed a Memorandum of Understanding (MoU) to discuss a variety of potential collaborative endeavors between the two companies.

Brightmark, Chevron Declare Athena Project’s First Gas

The Athena Project, located in Minnehaha County, South Dakota, has been delivered with its first gas by Brightmark RNG Holdings LLC and Brightmark Fund Holdings LLC. Minnehaha County is home to three dairy farms: Boadwine Farms, Pioneer Dairy, and Mooody Dairy. As part of the previously announced partnership, dairy biomethane, a renewable natural gas (RNG), will be produced and marketed across the United States.

OPEC+ Approves Modest Rise in Oil Output

At a time when high oil prices and unstable energy supplies have been exacerbated by Russia's war on Ukraine, OPEC and its allies decided to slow production growth in September.

G7 May Restrict Russian Oil Shipments

If Moscow doesn't heed a price cap, the wealthy nations of the Group of Seven (G7) are considering, among other things, restricting the shipping of Russian oil to deprive Moscow of bumper revenues during its invasion of Ukraine.

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