Newsoil-gasShell To Relocate Madrid Gas Trading Team To Dubai
oil-gas
ARABIAN GULF BUSINESS INSIGHT
Jan 15, 2025Shell To Relocate Madrid Gas Trading Team To Dubai
Shell plans to close its Madrid gas trading operations for tax reasons, Spanish newspaper Cinco Dias has reported.
Citing unnamed sources, the report said Shell planned to relocate its gas trading staff of 50 people to Dubai, London and Singapore. The staff includes a team handling commercial activities.
The Madrid operations were originally part of liquefied natural gas (LNG) company Pavilion Energy, which Shell bought from Singapore’s investment fund Temasek last year.
The UAE, and Dubai and Abu Dhabi in particular, have been pushing hard to attract regional and global traders to set up operations in the emirates.
In 2020, Adnoc (Abu Dhabi National Oil Company) established Adnoc Trading (AT) and Adnoc Global Trading (AGT). The former is focused on crude and LNG and is active on ICE Futures Abu Dhabi, an independent exchange for derivatives of the local Murban contract. AGT specialises in refined products. Today, these two companies employ more than 400 people.
Regional companies, including Saudi Arabia’s Aramco Trading, Oman’s OQ, Kuwait’s KPC, Bahrain’s Bapco and France’s TotalEnergies have established offices in the UAE.
International houses like Ennero Group, Gunvor, Montfort and Vitol are also present.
“From a logistical standpoint, [the UAE is] very well placed to capture the opportunity,” a source told AGBI.
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World Oil
Uk Drafts New Oil Tax Plan To Replace Controversial Windfall After 2030(Bloomberg) – The UK government is drafting a new tax regime for oil and gas companies to replace a controversial windfall levy after 2030, with an aim to hit companies only when prices are unusually high.
The new mechanism will be permanent, which the government says will give the industry more predictability, and will mean higher payments only if there’s a need to respond to oil and gas “price shocks,” according to a consultation published on Wednesday. The industry is expected to contribute £19 billion ($24.5 billion) in tax receipts between now and 2030.
“We will ensure that it minimizes distortions on investment decisions when prices are not unusually high,” Treasury Secretary James Murray said in the statement.
The previous Conservative government imposed a windfall tax on surging oil and gas profits during the energy crisis three years ago, and Labour will use some of the proceeds to help fund its state-owned company GB Energy. Maintaining a tough stance on oil and gas firms formed a prominent part of the Labour campaign during the last election.
The government is seeking input from the industry as it tries to define two thresholds — one for oil and one for gas — to use in the new regime.
The UK also confirmed plans to end new North Sea exploration licenses for oil and gas, in line with the government’s manifesto commitment, but specified that project extensions — blocks where there “is a valid license” — will not be banned.
The move to design a new tax regime comes after persistent calls from the nation’s top producers for more clarity on duties and drilling permits to allow investment decisions.
While global energy prices have retreated from 2022 peaks, the Energy Profits Levy continued to rise, bringing the total tax rate to 78% late last year and prompting dramatic cuts in industry forecasts for investment and production. The sector was already in decline due to aging fields, with companies seeking projects elsewhere. A recent court ruling forcing two undeveloped fields — Rosebank and Jackdaw led by Equinor ASA and Shell Plc respectively — to reapply for environmental permits has added to uncertainty.
Industry groups have been pushing for more support, pointing to the fact that the UK’s reliance on imports keeps increasing, which is risky both for energy security and the government’s clean energy goals.
The country’s total energy production hit a record low late last year, with imports covering more than 40% of the needs. That number will jump to as much as 80% by 2030 without fresh investment into ongoing developments, trade group Offshore Energies UK said last month.
The government is collecting feedback until May 28 on policy options including taxes, and didn’t announce specific thresholds in the consultation. The new plan is a “step toward clarity and long-term certainty,” Stuart Payne, chief executive officer of North Sea Transition Authority, a regulator for the oil and gas industry, said in a statement.oil-gas
06 March 2025
Pipeline Gas Journal
Iraqi Kurdistan Oil Exports Still Blocked After Failed Talks(Reuters) — Talks on resuming Iraqi oil flows to Turkey that have been halted for two years failed on Thursday for the second time in a week, two official sources with knowledge of the matter told Reuters.
The two-year stand-off has halted flows from Iraqi Kurdistan in the north of the country to Turkey's Mediterranean port of Ceyhan.
An official from the U.S. Embassy in Baghdad attended the talks for the first time, which were held at the Iraqi oil ministry's headquarters in the city, four sources told Reuters.
Washington is applying pressure to Iraq to resume the exports, with Reuters reporting last month that U.S. President Donald Trump's administration had asked Iraq to allow the flows to restart or face sanctions.
The U.S. administration's stance in part reflects its "maximum pressure" campaign on neighboring Iran which includes efforts to squeeze off Tehran's oil exports.
The main sticking point at Thursday's meeting was over pricing, one of the two official sources said.
Talks on Sunday had also ended without a breakthrough.
On Thursday the ministry insisted on a production cost of $16 per barrel for exported volumes of around 185,000 barrels per day (bpd) but would not apply that price to all production from Iraqi Kurdistan, one of the sources said, adding that the foreign oil firms involved strongly rejected this.
Oil producers working in Kurdistan include DNO, Genel Energy, Gulf Keystone Petroleum and Shamaran Petroleum.
Another source with knowledge of the matter told Reuters that Baghdad had earlier promised that the price would apply to all production but had backtracked at the Sunday meeting with oil firms.
U.S. Official
The U.S. official attended Thursday's talks at the request of Washington, an Iraqi oil ministry official with direct knowledge of the matter told Reuters.
"The presence of the U.S. diplomat aims to help push the negotiations forward and reach solutions to the issues hindering the resumption of oil exports in a way that satisfies all parties," the official said.
"There is strong insistence from the U.S. side on ensuring the success of the negotiations by any means," said a government official close to the talks.
The White House National Security Office did not respond to a request for comment.
Washington wants the flows via Turkey restarted partly to boost global supply and therefore help lower prices. At the same time the U.S. administration wants to halt financial ties between Iraq and neighboring Iran as it applies pressure on Tehran over its oil exports and nuclear program.
Iraq is an important ally to the United States and Iran and vital to helping the latter support its economy amid international sanctions.
Baghdad is wary of getting caught in the crosshairs of the U.S. president's policy of squeezing Tehran, sources have told Reuters.oil-gas
06 March 2025
Pipeline Technology Journal
Turkey & Azerbaijan To Inaugurate New Cross-Border Gas PipelineA new natural gas pipeline connecting Turkey to Azerbaijan's Nakhchivan exclave is set to become operational this week, bolstering the region's energy security, officials announced.
Turkish Energy and Natural Resources Minister Alparslan Bayraktar said the Ighdir-Nakhchivan pipeline's completion will allow for the export of natural gas to Nakhchivan.
"We are set to begin natural gas exports to Nakhchivan, following the completion of the Ighdir-Nakhchivan pipeline," Bayraktar said. "A ceremony is planned for this week, with the anticipated participation of President Recep Tayyip Erdogan and the President of Azerbaijan, Ilham Aliyev."
The 97.5-kilometer pipeline, stretching from Turkey's eastern Ighdir province to Nakhchivan's Sadarak district, will have an initial capacity of 2 million cubic meters of gas per day, or 730 million cubic meters per year, with potential for expansion. The pipeline includes 80 kilometers in Turkey and 17.5 kilometers in Azerbaijan.
The project, operated by Azerbaijan's SOCAR and Turkey's BOTAŞ, aims to meet Nakhchivan's gas needs, which currently stand at nearly half a billion cubic meters annually.
Nakhchivan, an exclave of Azerbaijan bordered by Armenia, Iran and Turkey, has faced energy isolation due to historical conflicts and territorial disputes. The region lacks a direct land connection to mainland Azerbaijan following Soviet-era territorial changes and the Nagorno-Karabakh conflict.
Previously, Nakhchivan relied on a gas swap arrangement with Iran for its supply. The new pipeline will provide a direct and uninterrupted supply from Turkey.
The pipeline is the fourth energy link between Turkey and Azerbaijan, following the Baku-Tbilisi-Ceyhan oil pipeline, the Baku-Tbilisi-Erzurum gas pipeline, and the Trans Anatolian Pipeline (TANAP).
The project comes amid ongoing efforts to restore regional transport links following the 2020 Nagorno-Karabakh war. A planned Zangezur multimodal transport corridor, intended to connect Nakhchivan with western Azerbaijan, has faced delays due to Armenia's unfulfilled obligations, though construction continues on the Azerbaijani side.
The memorandum of understanding to build the Ighdir-Nakhchivan pipeline was signed in December 2020, and ground was broken in September 2023.oil-gas
06 March 2025
World Oil
Tanzania To Launch First Oil And Gas Licensing Round In Over A Decade(Bloomberg) – Tanzania aims to start a licensing round for dozens of oil and gas exploration blocks in May, the first in more than a decade for the nation with an estimated 57 trillion cubic feet of natural gas reserves.
Three of the 26 blocks are in Lake Tanganyika and the rest in the Indian Ocean. The country’s last licensing round was in May 2014.
“We are proceeding with promotion activities because the blocks have already been identified and the data is in place. We are waiting for government approval of the Model Production Sharing Agreement, which outlines the fiscal terms,” said Charles Sangweni, director general of the Petroleum Upstream Regulatory Authority. “Our plan is to launch during the Africa Energy Summit in London from 13th to 15th May.”
Tanzania already produces natural gas, which it uses to generate electricity, and plans a $42 billion liquefied natural gas facility to be built by a consortium comprising Shell Plc, Equinor ASA and Exxon Mobil Corp.
That long-delayed plan is still under negotiation as Tanzania’s government is “trying to align just a few key outstanding issues,” Sangweni said in an interview in Dar es Salaam. “An agreement is coming, that’s my hope. When, I can’t tell you.”oil-gas
06 March 2025
World Oil
Baker Hughes, Woodside To Collaborate On Decarbonization Solution For Oil And GasBaker Hughes and Woodside Energy have announced a joint initiative to develop a lower carbon power generation technology solution utilizing the Net Power platform that is specifically designed for oil and gas (including LNG), heavy industries and other smaller scale applications.
Building on their 2022 Memorandum of Understanding (MoU), which aimed to advance the decarbonization of the natural gas supply chain, Baker Hughes and Woodside have now signed a Technology Development Agreement (TDA), to develop the small-scale Net Power platform. The patented Net Power platform works by utilizing natural gas to generate affordable power while inherently capturing nearly all carbon dioxide (CO2) emissions.
Baker Hughes and Woodside aim to bring other development partners into the program to tailor the concept to the continuously evolving requirements of different captive power generation segments.
Through the TDA, the program will also focus on assessing feasibility and industrial market scalability of Net Power’s platform.
Baker Hughes is the exclusive provider of the small-scale application of the Net Power platform, and the TDA will benefit from the development and testing currently ongoing both at Net Power’s La Porte, Texas, demonstration facility and the company’s planned first utility-scale power plant near Midland, Texas.
“We are excited to continue our collaboration with Baker Hughes and leverage their leading-edge technology and our combined engineering and CCUS capabilities to explore and develop lower-carbon emissions alternative power solutions using Net Power’s platform," said Woodside Executive Vice President Technical and Energy Development Julie Fallon. "This agreement further strengthens our long-standing relationship across the natural gas value chain and our shared journey in the energy transition."
“Baker Hughes is committed to providing innovative solutions that support the decarbonization of the energy and industrial sectors, and we are honored to share this journey with our long-standing customer Woodside Energy,” said Alessandro Bresciani, senior vice president of Climate Technology Solutions at Baker Hughes. “We believe this framework represents the partnerships and collaborations necessary to develop and scale the energy solutions that support decarbonization while also meeting the world’s growing energy demand.”
“Net Power applauds the enhanced collaboration between Woodside and our partner Baker Hughes. This work has the potential to bring our technology platform to a broader array of end markets and applications, complementing our utility-scale program and strategy,” said Danny Rice, CEO of Net Power. “Today’s announcement is a tangible commitment to continue technology innovation and market development for the Net Power platform and to bring ultra-low emissions energy solutions to a power-hungry world.”oil-gas
06 March 2025
World Oil
Ecuador'S President Noboa Demands $1.5 Billion Early Payment For Major Oil Deal(Bloomberg) – Ecuador’s President Daniel Noboa has ordered a consortium seeking to take over the nation’s top oil asset to pay an entry fee of $1.5 billion by March 11, moving up the deadline by more than three weeks.
Noboa has warned he will cancel the deal without the early payment.
“The motive is simple: If they don’t respond with the urgency the Ecuadorian people deserves, we will analyze other options,” Noboa said, citing security and social spending needs in a letter to the public he posted on X late Wednesday.
Previously, the consortium of local subsidiaries of Chinese oil company Sinopec and New Stratus Energy Inc. had until April 4 to make the payment. It’s been pledged as part of a $3.2 billion, 20-year deal to take over the 75,000 barrel per day Block 60, or Sacha oil field.
While the government has said that the consortium will boost production and revenue from Sacha, the planned handover without a tender has sparked criticism from former oil industry officials, trade unions, and politicians. Luisa Gonzalez, Noboa’s rival in the April 13 presidential election, said she would rescind it if elected.
New Stratus, listed in Toronto, earlier this week said that it would raise its $600 million share of the payment from creditors including an unspecified off-taker, as well as by selling shares. Petrolia, its local unit, declined to comment on Noboa’s demand. Sinopec couldn’t be reached outside normal local business hours.oil-gas
06 March 2025
EnergyCapitalPower
Arda To Weigh In On Africa’S Refining Future At Iae 2025Anibor Kragha, Executive Secretary, African Refiners & Distributors Association (ARDA), is confirmed to speak at the Invest in African Energy (IAE) Forum in Paris this May, sharing insights on the critical developments and opportunities shaping the future of refining and distribution across the continent.
ARDA, a key player in advancing Africa’s refining capabilities, is at the forefront of enhancing the region’s downstream infrastructure to meet growing energy demand and fuel economic development. With a focus on improving refining capacity, expanding distribution networks and driving cleaner fuels adoption, ARDA is working to modernize the sector through strategic collaborations, policy advocacy and industry innovation. This includes ARDA’s comprehensive roadmap to modernize refineries, enhance distribution logistics and promote cleaner fuel solutions, positioning Africa as a key player in the global energy market.
IAE 2025 is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.invest-africa-energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.
Kragha’s participation at IAE 2025 comes at a pivotal moment as Africa’s refining sector prepares for significant growth. In Nigeria, the Dangote Oil Refinery, Africa’s largest crude processing facility, is on track to reach full operational capacity this March, processing 650,000 barrels per day (bpd). Expected to meet 100% of Nigeria’s demand for all refined petroleum products, the refinery recently made its first purchase of Algeria’s light sweet Saharan Blend crude, marking a milestone for intra-African crude trading. South Africa has also announced plans to rehabilitate and expand the capacity of the Sapref refinery to 600,000 bpd, emphasizing the country’s need for a mega refinery and seeking regional partnerships to develop one.
Angola is developing three new refineries to boost capacity, with the 60,000 bpd Cabinda refinery scheduled to start operations in July 2025. Additionally, the Fouta Refinery in the Republic of Congo, designed to produce 2.5 million tons of petroleum products per year, is expected to be operational by the end of this year. With a focus on addressing the challenges of energy demand, improving fuel quality and ensuring sustainability, ARDA is playing a crucial role in facilitating the transformation of the sector.oil-gas
06 March 2025
EnergyCapitalPower
Congo Drives Oil Development, Opec To Participate At Ceif 2025As sub-Saharan Africa’s fourth largest oil producer, the Republic of Congo has ambitions to leverage its oil production to fuel further economic growth. With over 1.8 billion barrels of proven oil reserves, Congo has ambitions to double oil production to 500,000 barrels per day (bpd) by 2027.
With aims to attract investment to the sector, Congo is preparing to launch an international licensing round at the inaugural Congo Energy & Investment Forum (CEIF) this March. In light of these ambitions, an address by Haitham Al Ghais, Secretary General of OPEC at CEIF 2025 is set to strengthen confidence and support cooperation among major oil producing nations in Africa.
The inaugural Congo Energy & Investment Forum, set for March 24-26, 2025, in Brazzaville, under the patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates on ongoing expansions across the country.
Last June, Congo’s Minister of Hydrocarbons Bruno Jean-Richard Itoua participated in two OPEC meetings, where the decision was made to extend oil production cuts into 2025. During the meetings, Minister Itoua expressed the country’s steadfast commitment to supporting market stability while highlighting that production cuts will encourage new investment in African oil and gas projects.
Congo is currently leading several exploration and development programs to unlock new geological plays in the country. Independent hydrocarbon producer Perenco recently yielded a shallow water discovery at its PNGF Sud license and completed a 3D seismic acquisition campaign on the Tchibouela II, Tchendo II, Marine XXVIII and Emeraude permits, paving the way for future exploration drilling.
Meanwhile, Italian major Eni is focused on exploration efforts on the conventional and deep offshore areas off the coast of Pointe-Noire. Chinese energy company Wing Wah is currently developing the Banga Kayo block while French supermajor TotalEnergies is preparing to drill the Niamou-1 exploration well on the Marine XX offshore block.
“Haitham Al Ghais’ participation at CEIF 2025 underscores the vital role of international collaboration in shaping Africa’s energy future. His insights as OPEC Secretary General will enhance dialogue, foster investor confidence and strengthen partnerships crucial to unlocking Congo’s vast oil potential,” states Sandra Jeque, Events and Project Director at Energy Capital & Power.oil-gas
06 March 2025
Pipeline Gas Journal
Sanctions-Related Payment Issues Halt Russian Oil Flow To Czech Republic Via Druzhba(Reuters) — Payment issues linked to U.S. sanctions on Russia were behind the latest halt in oil supplies by Russia to the Czech Republic via the Druzhba pipeline, two sources familiar with the matter told Reuters.
The halt was due to payment issues between Czech refineries' Polish owner and Russian suppliers, the Czech industry minister was cited as saying late on Tuesday.
It was initially unclear why flows were halted on Tuesday.
The disruption forced refiner Unipetrol, owned by Poland's Orlen, to ask to tap state reserves, and the Czech government agreed to release 330,000 metric tons of crude oil to the company, the CTK news agency reported on Wednesday.
Payments stalled amid issues stemming from the latest sanctions package the U.S. placed on Russia, the two sources told Reuters. As result, the Russian side cancelled supply nominations for March deliveries, one of the sources said.
Russia's oil pipeline operator Transneft did not respond to a request for comment on Wednesday, and neither did Orlen.
Orlen said on Tuesday it operated in accordance with sanctions laws and regulations, but did not comment on why oil supplies were halted.
In December, Russia had briefly stopped supplies via the pipeline in a dispute over payments.
Refinery operations have remained at full capacity, and Industry Minister Lukas Vlcek said on Tuesday in a statement that there was no risk of shortages.
Payment issues caused the halt in supplies, he told Czech Television late on Tuesday, without mentioning the sanctions.
Vlcek has said the country could switch to the TAL pipeline which has been upgraded, if the stoppage of flows via Druzhba is long term.
The Czech Republic imports Russian crude through Druzhba and other crudes via the TAL pipeline, a key oil artery running from the Italian port of Trieste to Central Europe via Germany.
Due to upgrades, the Czechs are set to fully rely on TAL shipments from July, ending Prague's need to import Russian crude. The contract between Russia's Rosneft and Orlen for supplies to Unipetrol expires in the middle of 2025.oil-gas
06 March 2025
Pipeline Gas Journal
Williams To Invest $1.6 Billion In Natural Gas, Power Infrastructure Expansion(P&GJ) — Williams Companies has unveiled plans for a $1.6 billion investment to build onsite natural gas and power infrastructure for an unnamed investment-grade client, according to Yahoo Finance. The project aims to bolster energy availability in areas facing grid constraints and is expected to be operational by late 2026.
This initiative marks a strategic move for Williams as it ventures further into power generation. With rising energy demands, particularly from artificial intelligence and data centers, the company is positioning itself to leverage its extensive natural gas network, which already facilitates a significant portion of U.S. supply.
Under the agreement, Williams will develop and supply natural gas and power infrastructure, contingent on securing necessary permits. The project includes a 10-year power purchase agreement with a fixed-price structure, offering financial predictability by reducing exposure to market fluctuations.oil-gas
06 March 2025Gulf Oil and Gas
Africa Oil Publishes Supplement To Swedish ProspectusAfrica Oil Corp. (“Africa Oil”, “AOC” or the “Company”) has prepared a supplement (the “Supplement”) to the Swedish prospectus regarding the admission to trading on Nasdaq Stockholm of 239,828,655 new common shares issued to BTG Oil & Gas as part of the ongoing amalgamation, which was approved by the Swedish Financial Supervisory Authority and published on February 21, 2025 (the “Prospectus”). The Supplement has been prepared in accordance with Article 23 of the Regulation (EU) 2017/1129 of the European Parliament and of the Council (the “Prospectus Regulation”) and has today been approved by the Swedish Financial Supervisory Authority. The Supplement forms part of and should be read together with the Prospectus. The Prospectus and the Supplement are available on Africa Oil’s website (www.africaoilcorp.com) and will be available on the Swedish Financial Supervisory Authority’s website (www.fi.se).
The Supplement has been prepared due to, among other things, the publication of Africa Oil’s consolidated financial statements for the year ended December 31, 2024.
For complete information about the amalgamation and the admission to trading of the new common shares on Nasdaq Stockholm, please refer to the Prospectus and the Supplement. The amalgamation is expected to close, and the new shares are expected to be admitted to trading on Nasdaq Stockholm, on or around March 13, 2025.
The information was submitted for publication, through the agency of the contact persons set out above, at 06:00 EST on March 6, 2025.oil-gas
06 March 2025Gulf Oil and Gas
Fuelcell & Mmhe Collaborate Under A Joint Development Agreement For Detailed Feasibility Study AwardThe collaborative journey for both FuelCell Energy and MHB started with a memorandum of understanding in February 2023 on developing hydrogen production facilities across Asia, New Zealand, and Australia.
The collaboration, under the Joint Development Agreement, will support a Detailed Feasibility Study for a low-carbon fuel production1 facility using solid oxide electrolysis (SOEC)2 technology with carbon dioxide and water as feedstocks in Malaysia.
FuelCell Energy, Inc. and Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), a wholly owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (KLSE: MHB), have announced the signing of a Joint Development Agreement (JDA) to co-develop large-scale hydrogen production systems and technologies across Asia, New Zealand, and Australia.
Building on a memorandum of understanding signed in February 2023, the JDA represents a pivotal step for the two companies, driven by a shared vision to make clean hydrogen production easily accessible and viable. The collaboration underscores FuelCell Energy and MHB’s commitment to advancing green energy solutions and supporting global decarbonization and energy transition goals.
Under the terms of the JDA, the two companies will bring together FuelCell Energy’s cutting-edge solid oxide electrolyzer (SOEC) technology and MHB’s expertise in large-scale fabrication to develop modular solutions that support rapid deployment of commercial hydrogen production.
Fuelcell MHB Announcement 1080x1080 Social Media
Project Award: Detailed Feasibility Study (DFS) in Malaysia
In conjunction with the JDA, FuelCell Energy and MHB are collaborating to support a contract awarded to FuelCell Energy for a Detailed Feasibility Study (DFS) of a low-carbon fuel production facility in Malaysia. The DFS will evaluate the production of low-carbon fuel utilizing SOEC technology with carbon dioxide and water as feedstocks.
Additionally, as part of the DFS, the companies will collaborate with KBR LLC, which will provide its proprietary low-carbon fuel synthesis technology.
The project aligns with Malaysia’s goals to achieve net-zero carbon emissions by 2050, while advancing its national hydrogen value chain.
Quotes by the CEOs
FuelCell Energy President and CEO, Jason Few, commented, "Our collaboration with MHB is a significant step forward in establishing our place in the hydrogen and low carbon fuels market, showing our global reach and demonstrating our ability to scale up for large-scale projects through strategic collaborations in a variety of industries.”
MHB Managing Director and CEO, Mohd Nazir Mohd Nor, said, “We are pleased to continue our collaboration with FuelCell Energy as we take another step forward in developing the hydrogen value chain in Malaysia. Building on our earlier efforts, this partnership highlights our readiness to take on larger-scale projects.
He added, “By leveraging MHB’s extensive fabrication capabilities and FuelCell Energy’s innovative SOEC technology, we aim to deliver real, scalable solutions that can attract strong stakeholder support and drive progress in the energy transition. This ongoing effort reflects our commitment to contributing towards a cleaner, low-carbon future.”
Notes to Editors
Low-Carbon Fuel Production: A proprietary process that converts hydrogen (as a result of the SOEC process in this case) and carbon monoxide into synthetic fuels, offering a sustainable alternative to traditional fuels.
Solid Oxide Electrolysis (SOEC): An advanced technology that uses electricity to split steam into hydrogen and oxygen, with the hydrogen used as a feedstock to further process into low-carbon fuels.oil-gas
06 March 2025Gas Processing and LNG
European Leaders Add Pressure To Solve Kyiv Gas Transit HaltEuropean leaders are set to urge EU authorities and Kyiv to intensify talks over a halt to Russian gas transit through Ukraine, according to draft summit conclusions seen by Reuters that follow pressure from Slovakia.
Slovak Prime Minister Robert Fico has sought a mention of resuming the gas transit – a major route for energy for Slovakia that Kyiv stopped from the start of this year – as part of summit conclusions, threatening to block the statement without it.
European Union leaders met on Thursday for an extraordinary summit to discuss Ukraine and European defense.
The draft conclusions include calling on the parties to intensify efforts on "finding workable solutions to the gas transit issue," including through resumption.
The gas transit ended after Ukraine declined to renew an agreement with Moscow as it sought to deprive Russia of revenue to fund its invasion.
Slovakia's own transit business of sending gas on to Europe suffered as a knock-on effect, causing it to seek new routes for Russian supplies. It has also said the halt increases prices and impairs the European Union's competitiveness.
Fico has opposed military aid to Ukraine to prevent it prolonging the war.
While locked in dispute with Ukrainian President Volodymyr Zelenskiy over the transit issue, Slovakia has continued talks with EU officials.
Last month, Ukraine was forced to increase gas imports from Europe due to cold weather and after a series of Russian missile attacks targeted the country's gas facilities.
Fico has called the situation absurd, and says the gas Ukraine has been buying is Russian.oil-gas
06 March 2025EnergyCapitalPower
Wazen Oil Services Leverages Foreign Technology To Enhance Libyan ServicesLibyan service provider Wazen Oil Services is leveraging foreign technology and expertise to decarbonize the country’s oil and gas sector. By focusing on knowledge transfer and capacity building, the company aims to reduce emissions while advancing operational efficiency.
During an interview with Energy Capital & Power at the Libya Energy & Economic Summit (LEES) 2025, Ibraheim Mejerissi, Managing Director, Wazen Oil Services, shared insight into how this strategy will help position the country as a low-carbon oil and gas producer.
“From a service company perspective, the introduction of advanced technologies is essential for reducing the carbon footprint. Our execution is two-fold: we are actively working towards improving our environment footprint through certifications and seeking new technology. As local service companies, it is our duty to assess what technologies are out there and implement them [in-country]. This will enhance Libya’s position as a carbon-friendly oil producer,” he said.
Through the company’s partnerships, Mejerissi explained that “we provide the latest technologies for the sector. With that, we also have the opportunity for knowledge transfer and capacity building, which has been one of our focused over the last few years. This is also the focus on industry leaders, to up-skill and promote local content.”
In recent years, major oil operators have resumed exploration and production in Libya. The country is also preparing to launch its 2025 international bid round – the first in 17 years. This increase in exploration is expected to generate a rise in demand for oilfield services.
According to Mejerissi, “Over the past four to five years, we have seen a drastic move forward in terms of foreign investment. The reason being, the conditions that Libya has to offer. We can see, whether its infrastructure development or the restructuring of the oil sector, there has been a positive drive forward.”
Through summits such as LEES, Mejerissi believes that Libya’s oil and gas stakeholders can come together under one roof to discuss the opportunities and challenges faced across the industry. He said: “This summit is essential because it provides the platform that we need to introduce dialogue between private and public sectors. Although it’s an economic summit – and people are here to explore commercial opportunities – it ultimately brings together public bodies, such as the National Oil Corporation and Ministry, international energy companies and private sector companies into the same room.”oil-gas
05 March 2025Gas Processing and LNG
Envitec Biogas Expands Its Portfolio To Include Wind And Solar PowerDriving the energy transition forward with an open mind about technology – this is the goal of the recently founded joint venture between EnviTec Biogas AG, the von Lehmden group of companies, and Freese Beratungs GmbH. EnviTec Wind l Solar GmbH & Co. KG is therefore part of the financially strong group of companies of Germany’s largest biogas producer.
“With the newly founded startup based in Lohne, we are adding the wind and solar power segments to EnviTec’s renewables portfolio,” explains Olaf von Lehmden, CEO of the company, which operates worldwide from Lohne and Saerbeck in Germany.
EnviTec’s commitment to renewable energy sources, such as photovoltaics, is nothing new. “Our purchase in 2017 of an agricultural business in the district of Märkisch-Oderland, Brandenburg – which included a 132-ha site with planning permission for a possible ground-mounted PV system – was a direct investment in the development of a 150-MW solar park,” explains Andreas Freese, who, alongside Olaf von Lehmden, serves as managing director of the newly founded company. After successfully obtaining approval to upgrade the site to the latest technology, the first solar park development was sold to an energy company.
The Wuschewier solar park was subsequently built on a 47-ha site within the vicinity.
“Thanks to the 101,712 PV modules installed here, we can supply energy for around 16,000 households with an annual consumption of 3,800 kWh,” continues Freese.
The first self-operated project operates under the name Tibo Photovoltaik Wuschewier GmbH & Co. KG and was connected to the 110-KV high-voltage grid within eight months. “At this size, the electricity can no longer be fed into the medium-voltage grid, so we had to build a transformer station about 1.7 km away, investing around €3 MM for this alone,” Freese continues. In total, the planning and approval phases, including the time required for constructing the park, took approximately three years.
Focus on unused and low-yield farmland. “Unlike biogas plant technology, the module technology in photovoltaics is changing very quickly,” says Freese. Roughly the size of a residential door, the modules weigh approx. 30 kilograms and are mounted on a steel structure at a precise angle and orientation. For its PV projects, EnviTec works with long-standing partners. “It is important to us to use our network of our local partners for both sides to ensure the smooth and economically viable execution of the project,” continues Freese. The quality of the soil plays a key role when selecting the areas for all projects: “Naturally, we only build on poor soils that are difficult to use for agriculture,” says Freese. To keep the impact on nature, the environment, and agriculture as low as possible, we exclude ecologically valuable areas and high-yielding farmland.
“The second PV plant that we operate ourselves is located in Petkus, Brandenburg, and has a capacity of 65 MW,” adds Freese.
In Buckow, Brandenburg, EnviTec has successfully established another PV project with the help of its shareholders. Here, the Niederer Fläming agricultural business is producing green energy with the 65-megawatt PV park in addition to its existing biogas plant. The energy from the PV park will be purchased by the VW subsidiary PowerCo SE at a fixed price for a period of ten years starting on January 1, 2025.
In addition to the two PV projects completed so far, five additional ground-mounted PV projects and three wind farms are currently under development. For these upcoming projects, the startup is currently expanding, particularly in the area of project development. “We deliberately rely on a small, flexible team with a maximum of five employees in order to implement our diverse land use options efficiently and agilely,” concludes CEO von Lehmden.oil-gas
05 March 2025Gulf Oil and Gas
Man Energy Solutions And Stormfisher Hydrogen Partner On Power-To-X Methanation ReactorStormFisher Hydrogen, a leading developer of clean fuels, has commissioned MAN Energy Solutions to deliver the pre-front-end engineering design (pre-FEED) for the methanation reactor of a large-scale Power-to-X plant. The 200 MW facility, to be built in North America, will produce green hydrogen and e-methane by utilizing a local biogenic CO2 source. The plant is expected to generate 2.5 million MMBtu (million British thermal units) of e-methane annually, equivalent to approximately 50,000 metric tons of liquefied natural gas (LNG).
Advancing e-Fuel production capacity in North America
Judson Whiteside, Chief Executive Officer at StormFisher Hydrogen, said: “The planned facility is a major component in StormFisher Hydrogen’s plans to support increasing e-fuel production capacity in North America and reinforcing American leadership in the energy sector. MAN Energy Solutions has the expert knowledge in methanation required to deliver the pre-FEED study to keep the project moving forward on a successful track.”
Seamless integration with existing infrastructure
Once operational, the plant will convert 200 MW of renewable electricity - primarily from wind and solar - into green hydrogen via electrolysis and then into e-methane, meeting North American pipeline standards. This allows the fuel to seamlessly integrate into existing natural gas infrastructure, offering a cost-effective and scalable decarbonization solution.
Wagner Canelhas, Regional Sales Manager at MAN Energy Solutions Houston, said: “With this project, MAN Energy Solutions reinforces its position as a global leader in methanation for Power-to-X applications. Our technology enables the smooth integration of e-Methane into existing infrastructure, reducing costs and accelerating its adoption worldwide.”
Enhancing methane purity
As part of the project, MAN Energy Solutions will conduct in-house tests at its Deggendorf, Germany, facility to validate a quality booster - an enhancement to its methanation technology designed to increase methane purity by reducing unreacted components in the e-methane output.oil-gas
05 March 2025Gulf Oil and Gas
Dnv Launches H2Met Joint Industry Project To Advance Hydrogen Flow MetrologyDNV has launched the H2MET joint industry project (JIP) to advance metrology for 100% hydrogen flow applications. Building on previous work in renewable gases and CO2, H2MET aims to improve the accuracy and reliability of hydrogen flow measurement, ensuring a trusted foundation for hydrogen trading and supporting the role of hydrogen in a more efficient energy transition.
As hydrogen plays an increasing role in global decarbonization, standardized and precise flow measurement is essential to ensure transaction integrity in the emerging hydrogen economy. Through this initiative, DNV’s Technology Centre in Groningen, Netherlands, will provide an advanced testing environment for hydrogen operators and technology providers to validate metrology solutions. The project will contribute to the development of essential measurement standards, fostering industry readiness for hydrogen’s expansion in energy systems worldwide.
“The H2MET project is a crucial step in driving technological advancements for hydrogen trading,” said Øyvind Nesse, Senior Vice President at Equinor. “By ensuring that hydrogen flow measurement technologies meet the required standards of accuracy and reliability, we are contributing to a safer and more efficient energy transition.”
"As hydrogen markets mature, robust metrology will be essential to ensure transparency, accuracy, and trust in hydrogen trading,” explained Prajeev Rasiah, Executive Vice President and Regional Director for Northern Europe, Energy Systems at DNV. “By bringing together industry leaders in the H2MET JIP, we are not only addressing technical challenges but also laying the foundation for a globally recognized hydrogen measurement framework—critical for scaling hydrogen as a cornerstone of the energy transition.”
The H2MET JIP provides a platform for industry collaboration, enabling participants to share knowledge and establish operational limits for hydrogen flow metering. Central to the project is a highly accurate, traceable reference system that will assess the performance of various hydrogen metering technologies, supporting the European hydrogen flow traceability chain and future hydrogen trading.
H2MET will also evaluate different metering technologies, drawing on DNV’s 50 years of expertise in natural gas flow measurement and its world-class testing facilities. As one of the few organizations globally equipped for advanced hydrogen flow research, DNV offers advanced testing and validation services to support industry adoption.
“DNV’s expertise in flow metrology—backed by PTB-approved accuracy standards and world-class facilities in Groningen—places us at the forefront of hydrogen metrology innovation,” said Ronald ten Cate, DNV’s Business Lead for Hydro(Carbon) Flow Metering. “H2MET is driving industry-wide efforts to standardize hydrogen flow measurement, establishing trusted guidelines and technologies essential for the hydrogen economy.”
As the energy transition accelerates, H2MET provides crucial support for hydrogen operators and technology providers, helping them develop reliable metering solutions. It also marks a key milestone in DNV’s commitment to global decarbonization.
The H2MET project is still open for participants to join in this vital industry collaboration. Interested parties can learn more and register their involvement via the H2MET web page.
Results will be available to JIP members in Q1 2026.oil-gas
05 March 2025Pipeline Technology Journal
Russian Oil Flow To Czechia Via Druzhba Pipeline Halted Again, No Shortage ReportedOil deliveries to the Czech Republic via Russia's Druzhba pipeline have stopped for the second time in recent months, but officials said there is no immediate threat of fuel shortages.
According to a news report published by EURACTIV on Wednesday morning, Czech Industry and Trade Minister Lukáš Vlček confirmed the disruption and assured that domestic oil supplies remain secure.
"We are aware of the situation and are addressing it. Refineries in the Czech Republic are well prepared for this scenario, and we have a robust system of state material reserves in place," Vlček told the Czech News Agency.
He said the outage would not affect gasoline and diesel production, a claim echoed by Orlen Unipetrol, a major Czech oil processor and distributor.
"Currently, fuel production at both our refineries, in Litvínov and Kralupy nad Vltavou, remains unrestricted and at full capacity," Orlen Unipetrol said on X, formerly Twitter. However, the company requested an emergency oil loan from the State Material Reserves Administration to maintain full production at the Litvínov refinery.
Vlček and Orlen Unipetrol emphasised the Czech Republic's plan to end reliance on Russian oil, with the expanded Transalpine Oil Pipeline (TAL) expected to provide sufficient supplies from alternative sources as the country aims to fully transition to Western oil supplies by mid-2025.
A similar supply halt occurred in December, with Czech authorities attributing it to Russian pressure on local energy reserves.oil-gas
05 March 2025World Oil
Aminex Announces Significant Progress On Tanzania’S Ntorya Gas DevelopmentAminex, the oil and gas exploration and development company focused on Tanzania, announced several key operations updates on its Ntorya gas development, including a successful seismic program, and plans for field and pipeline development.
Updated field development plan
The operator has updated its field development plan (FDP) for the Ntorya project to reflect the results of the 3D seismic program. The updated FDP has been presented to the TPDC for approval.
Following production from the Ntorya-1 well (NT-1), Ntorya-2 well (NT-2) and the planned Chikumbi- 1 well (CH-1), the FDP anticipates a phased development increasing the field production rate within around a five-year period from 60 mmscf/d to 140 mmscf/d to 280 mmscf/d, subject to the necessary export routes and offtake markets being built and sourced for the additional production. This will be achieved through a drilling program of an additional 13 wells in the coming decade.
Aminex forecasts that all of its capital expenditure requirements will be met through its Carry and future Ntorya revenues.
Ntorya to Madimba Pipeline
The Tanzania Petroleum Development Corporation (TPDC) launched a restrictive tender for the procurement of an engineering, procurement and construction (EPC) contractor for the construction of the gas pipeline from the Ntorya gas field to the Madimba gas processing plant (the Pipeline) in October 2024.
Following the signing of a Gas Sales Agreement and the award of the Development License in 2024, and with the anticipated award of the EPC contract for the Pipeline, there is now a clear path to monetization of the Ntorya gas field.
Operational activities
The operator (ARA Petroleum Tanzania (APT)), continues with the procurement and installation of processing facilities, flow lines, hook-up systems, manifolds and fiscal meters, to ensure the integrated development of the project and enable production from NT-2 into the Pipeline. The NT-2 well is scheduled to be ready to produce gas in time for the completion of the Pipeline.
As previously announced, the drilling of CH-1 and workover of NT-1 are planned to occur after the commencement of production from NT-2 and we await a further update from APT on the proposed drilling schedule once the EPC contract for the Pipeline is awarded.
“I am pleased to say significant progress has been made on all fronts of the Ntorya gas development in recent months, following the award of the 25-year Development License last year,” commented Charles Santos, Executive Chairman of Aminex. “The Tanzanian government continues to express its full commitment to the project and we hope to receive confirmation of the award of the pipeline contract shortly. APT, meanwhile, is preparing the ground for first gas.
The important seismic results have allowed APT and Aminex to propose a more extensive and longer-term plan for Ntorya, including the additional drilling program and consequent increased gas production, substantially increasing the potential value for Aminex shareholders. This Ntorya gas will also benefit the Tanzanian people considerably, increasing the reach and reliability of electricity supplies, supplanting dirtier fuels such as coal and wood, and helping boost the country’s industrialization.”oil-gas
05 March 2025World Oil
Expro Secures Major Contracts For Offshore Romania’S Largest Natural Gas ProjectExpro announced it has been awarded more than $10 million in major contracts from OMV Petrom for the Neptun Deep gas project in the Black Sea.
The contracts involve Expro’s subsea landing string (SSLS), SeaCure® cementing technology, tubular running services (TRS) and Coretrax Advance drilling tools to support the project in offshore Romania.
Neptun Deep is the largest natural gas project in the Romanian Black Sea and is essential for Romania’s energy supply.
The two contracts mark the latest stage in Expro’s growth in Romania. Recent investments by the company include opening a new office in Bucharest, setting up a new operational base, and a program to grow its Romanian-based staff.
“With the awarding of these contracts, Expro is progressing our plans to expand our operations and strengthen our support of the energy industry in eastern Europe and beyond," said Andrei Ion, Expro Senior Area Manager in Europe Mediterranean and Caspian.
“Neptun Deep is an important energy project for Romania. We are proud of being selected to support this important development.”oil-gas
05 March 2025