Sunday, February 16, 2020

Longterm Solution News

SGRE Completes Senvion Purchase

Image: Siemens Gamesa Renewable Energy

The renewable energy major Siemens Gamesa Renewable Energy (SGRE) has finalized the acquisition of Senvion's European onshore service assets and intellectual property (IP).The German-Spanish manufacturer said in a press release that it has a “robust integration plan” for the assets…

SSEN Replaces Subsea Cables

Image: SSEN

UK-based Scottish and Southern Electricity Networks (SSEN) continues to make good progress with its project to replace of one of the two subsea electricity distribution cables that connect Orkney, archipelago off the northeastern coast,  to mainland Scotland, with the completion of…

Bloom Energy, Samsung to Design Electric Ships

 Image: Bloom Energy

California-based Bloom Energy, the provider of stationary fuel cells, has announced a collaboration with South Korean shipbuilder Samsung Heavy Industries (SHI), to design and develop ships powered by Bloom Energy’s solid oxide fuel cell technology.SHI aims to be the first shipbuilder…

Equinor Sells Natural Gas Worth USD26bln in 2018

Tor Martin Anfinnsen (left), Equinor’s senior vice president for marketing and trading. Irene Rummelhoff (right), Equinor’s executive vice president for marketing, midstream and processing. Photos: Harald Pettersen (left) and Ole Jørgen Bratland,  Equinor.

Norwegian energy company Equinor has announced its 2018 sales of natural gas totalled $26bn, an increase of 29% from 2017.Equinor sold a total of 100 billion cubic metres (bcm) of gas worldwide in 2018. The company is the second-largest gas supplier to Europe, as well as the largest…

Natural Gas Contributes to Low Carbon Future

Photo from the LNG facility in Hammerfest. (Photo: Einar Aslaksen - TRY / Equinor ASA)

Equinor sold natural gas for around $26 billion in total in 2018, an increase of 29 percent from 2017. As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow by around 10% towards 2030.Equinor is the…

Four Years after Rescue, U.S. Refinery in Crisis

A deal struck in 2012 to save the U.S. East Coast's oldest and largest refinery seemed to have all of the right elements for success: private investors, big oil and taxpayer funding, and the promise of a private-public partnership that would help job growth and consumers. Four years…

RWE Looks to Build on Gazprom Deal at Contract Talks

RWE will look to build on its current deal with Russian gas exporter Gazprom when the two sides sit down at mid-year for contract negotiations, the German utility said on Tuesday. "Our goal is a long-term solution that guarantees that a contract beyond the expiry of current agreements will no longer burden our results," RWE said.

New Phase of Antipiracy Project in Somalia

Trainees in Ely, Somalia participate in a vocational training as part of the Joint Shipping Initiative funded UNDP "Alternative Livelihoods to Piracy in Puntland and Central Regions of Somalia" programme. The programme has trained over 500 Somalian youths in a range of skills to equip them for a life other than piracy.

The Joint Shipping Initiative - made up of Shell, BP, Maersk, Stena and Japanese shipping companies NYK, MOL and "K" Line - has announced it has given$1.5 million of additional funds to a United Nations Development Program (UNDP) project to improve the lives of Somalis and security for seafarers.