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(RZ) The European Commission (EC) is allotting up to $7.43 billion (EUR 6.9 billion) in public funding for hydrogen infrastructure projects. The EC approved the third Important Project of Common European Interest (IPCEI), which aims to boost the supply of renewable energy in the European Union (EU), reduce dependence on natural gas, and help achieve... Continue Reading →
(OET) Thermoplastic composite pipes (TCP) have shown exceptionally low hydrogen permeation values, demonstrating technical suitability for high-pressure hydrogen service, Dutch TCP producer Strohm reported following a TCP hydrogen testing program. Strohm recently completed an extensive six-month hydrogen testing program on its TCP at Tüv-Süd in Germany, which saw the comprehensive permeation assessment cover a range of... Continue Reading →
TDI-Brooks, a U.S.-based marine services company specializing in geotechnical and offshore survey projects, reports it has completed a geotechnical coring campaign in the Gulf of Campeche offshore Mexico. As a subcontractor of Drebbel de Mexico out of Cd. del Carmen, TDI-Brooks deployed its geotechnical coring tools and operators on the Laguana Azul. A total of... Continue Reading →
(OE) Dutch company Huisman has secured a contract from Subsea 7 for the delivery of its 500MT offshore mast crane for one of pipelay vessels for deep water installations. The 500mt Offshore Mast Crane will be equipped with a passive and active heave compensation system on the main hoist to counter-act the vessel’s heave motion... Continue Reading →
(OM) Brazil’s administrative authority Controladoria-Geral da União has served a sanctioning measure issued against Saipem SA and Saipem do Brasil. This involves the temporary suspension from contracting with the Brazilian public administration for two years, based on alleged irregularities related to the award in December 2011 of a contract to install a gas pipeline. The... Continue Reading →
(Reuters) The Brazilian administrative authority has suspended Italy's Saipem and its subsidiary Saipem do Brasil from contracting with the country's public administration for two years, the engineering and construction group said on Friday. The decision stems from the final ruling in the administrative proceedings initiated against the companies in relation to alleged irregularities in the... Continue Reading →
(EV) BlackRock will pay $3bn in cash, with around $9.48bn in 12 million BlackRock shares. GIP is an investor in a number of infrastructure assets, including a wide array of energy projects around the world. BlackRock said GIP had more than $100bn in assets under management (AUM). After closing, the investor would have around $150bn... Continue Reading →
(OE) Italian engineering firm Rosetti Marino has completed the construction of jacket and topside for the Fenix wellhead platform, which are now en route to Tierra del Fuego in southern Argentina. Rosetti Marino built Fenix platform’s topside and jacket for TotalEnergies’ Fenix gas development project as part of an engineering, procurement and construction (EPC) contract... Continue Reading →
(Reuters) - Exxon Mobil's write-down of about $2.5 billion of troubled California properties aims to end five decades of offshore oil production in the state, but a full exit from those assets could take some time. Sable Offshore, a company created in 2020, agreed more than a year ago to pay $643 million for Exxon's... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras informs that together with Equinor Energy do Brasil Ltda. (Equinor) signed the contracts for the Campos Basin Integrated Natural Gas Flow System (SIE-BC) and access to the Cabiúnas Gas Treatment Unit (UTGCAB). With the signing of these contracts, Equinor will be able to transport natural gas from the Roncador field,... Continue Reading →
Brazil Energy Insight 