NEWS

Could wave energy be used to help decarbonise the oil & gas industry? A new collaboration explores the potential

With oil set to remain a part of the energy mix in the decades ahead, green energy innovator Ocean Harvesting Technologies, in collaboration with Lundin Energy Norway, is exploring how wave energy could be used to provide electricity to oil & gas platforms. read more

Russia and Australia account for more than half of all diamond mined in 2020

Data analysed by Finbold indicates that just three countries produced nearly 80 per cent of all the estimated 54 million carats of natural diamond produced in 2020 globally – with Russia and Australia combined accounting for more than half of all mined diamond last year. read more

Kartesia acquires FCDE’s stake in industrial boiler supplier Babcock Wanson

Pan-European, independent and private financing specialist Kartesia has announced its acquisition of 100 per cent of the share capital in leading European industrials business Babcock Wanson, investing alongside the management team. read more

Pure Hydrogen teams up with Synergen to produce hydrogen and carbon products

Australian clean energy company Pure Hydrogen Corp. Ltd has announced it is to establish a new 50:50 JV with Synergen Met Pty Ltd to manufacture so-called ‘turquoise’ hydrogen gas and value add carbon products from methane using Synergen’s designed and built methane decomposition modules. read more

PUB appoints SP Services to install Singapore’s first 300,000 smart water meters

Smart water meters are to be installed at seven locations across the city-state from 2022 as part of first phase of Singapore’s Smart Water Meter Programme. read more

eSIM device installations to reach 3.4bn globally by 2025, forecasts new study

A new Juniper Research study found that the number of eSIMs installed in connected devices will increase from 1.2 billion in 2021, to 3.4 billion in 2025 – representing 180 per cent growth, led by the consumer segment. In the industrial realm, key areas of focus for eSIM adoption will be Oil& Gas, Manufacturing, and Logistics, the report predicts. read more

Intel’s plans to expand Irish manufacturing expected to create 1,600 jobs

Semiconductor giant Intel has announced plans to accelerate investment in Europe, including significant expansion of its Irish manufacturing operations. Investment underway in Intel’s Leixlip plant near Dublin is expected to lead to the creation of 1,600 new high-tech jobs upon completion. read more

Mark Baker recognised for contributions to technical progress in mining, geology, and geophysics

The Society for Mining, Metallurgy & Exploration (SME) has announced that Mark Baker has received the prestigious Daniel C. Jackling Award, which recognises significant contributions to technical progress in mining, geology, and geophysics. read more

Hybrid working must be key to Government plans for post-Covid regeneration, finds new report

Post Pandemic Places – a major new report from cross-party think-tank Demos, commissioned by Legal & General – has found that huge increases in home-working, coupled with a desire for continued flexibility, could support significant increases in local spending. On the back of the findings, Demos and Legal & General are calling on government to incentivise the establishment of more local offices and hybrid-working initiatives. read more

Nidec ASI wins €12m contract for electrification of berths in port of Malta

Nidec ASI’s innovative electrical supply system for cruise ships moored in the port of Malta will reduce emissions by over 40 tons a year and lower noise pollution, as the country looks to relauch its tourism industry with a more sustainable perspective. read more

Pioneering autonomous underwater survey robot could revolutionise operations in hazardous environments

An ‘intelligent’ underwater autonomous survey robot fitted with sonar technology to detect and avoid obstacles so it can be used near critical infrastructure has been successfully showcased in a live demonstration. read more

AUTOMA 2021: Eni to present its supercomputer HPC5 and Green Data Center on Day 3

The 2021 edition of the Oil and Gas Automation and Digitalization Congress (AUTOMA) has added another day to its schedule for Eni’s presentation on 21 April. Launched in February, HPC5 became the most powerful supercomputer for industrial use – and an essential tool to shape the energy of the future. read more

Southeast Europe’s leading international gas conference & expo to return onsite to Opatija, Croatia

After the successful jubilee 35th edition of the International Scientific & Expert Meeting of Gas Professionals, which was held virtually last year, southeast Europe’s leading international gas conference and exhibition returns to its traditional location in Kvarner, Opatija in Croatia. read more

Hannover Messe: Innovation, networking and orientation in the age of industrial transformation

Running from 12–16 April 2021, Hannover Messe Digital Edition will gather more than 1,800 exhibitors to showcase their solutions for the factories and energy systems of the future. Covering everything from AI and robotics to climate protection and hydrogen, the world's most important industrial tradeshow’s digital incarnation is set to create a global hub for innovation, inspiration and exchange in the age of industrial transformation. read more

GIPEX 2021, Guyana’s most comprehensive oil & gas summit, goes virtual in June

Since its inception in 2018, GIPEX has emerged as one of the most recognised and future-oriented oil & gas events in the Caribbean Region. In 2021, the premier event returns from 28-30 June as an innovative virtual summit. read more

New €200m European VC tech fund will drive innovation to de-carbonise cities

A new venture capital fund – ‘2150’ – has been launched to invest €200 million (US$240 million) in start-up companies developing sustainable technologies that target the carbon footprint of cities. read more

Darcy Group highlights why flexibility is key to effective oil spill containment

Darcy Group – a leading provider of pollution control solutions that help firms control, contain and clean up spills on land and sea – explores the most effective containment strategies, and stresses how flexibility remains key in such operations. read more

ABB urges greater adoption of high-efficiency motors and drives to combat climate change

In a new whitepaper, ABB reveals potential for significant energy efficiency improvements in industry and infrastructure enabled by the latest and most high-efficiency motors and variable speed drives. ABB calls on governments and industry to accelerate adoption of the technology to help combat climate change. read more

Neste completes acquisition of Bunge’s refinery plant in Rotterdam

Neste – the world’s leading producer of renewable diesel and sustainable aviation fuel – has finalised its purchase of Bunge Loders Croklaan's refinery facility in Rotterdam, in what the company’s President described as “an important step forward” in delivering on the firm’s “global growth strategy in renewables”. read more

Baseload Capital closes equity round of $25m with Chevron as new strategic investor

Baseload Capital – the Swedish company specialised in funding the deployment of heat power worldwide – has announced the successful close of a US$25 million funding round with Chevron Technology Ventures as a new strategic investor. read more

Low-cost airlines will lead post-Covid recovery, says analyst

Low-cost carriers’ aggressive cost-cutting will give them an even larger cost advantage than pre-pandemic. Amidst considerable consumer concern about personal finances, low-cost carrier’s cheap fares are well-positioned to meet this need and cater to pent-up demand, say analysts at GlobalData. read more

Eco Wave Power wins Global Innovation Award 2021 at Abu Dhabi Sustainability Week

Eco Wave Power (EWPG Holding AB) – a Swedish-Israeli wave energy developer – has won the public voting for the Global Innovation Award, in the ‘Life Under Water’ category, at Abu Dhabi Sustainability Week. The company’s innovative wave-to-energy solution generates clean electricity from ocean and sea waves. read more

Geminor delivers record waste volumes in 2020 despite Covid challenges

International resource management company Geminor achieved all-time high volumes within its waste-for-energy recovery and material recycling activities in Europe in 2020. The company is once again the biggest exporter of refuse-derived fuel (RDF) from England. read more

GECF unveils fifth edition of Global Gas Outlook 2050

The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, today unveiled the 5th edition of its annual GECF Global Gas Outlook 2050 (Outlook) at an online event attended by energy ministers and senior representatives from the Forum’s Member Countries, alongside a bevy of dignitaries and gas industry stakeholders. read more

New research questions impact of robotisation on productivity

Robotisation has significantly lower productivity effects than previously assumed, and may cause falling wages, according to a new study from EconPol Europe. The study also rejects previous research findings that the technology causes skill-biased technological change, and instead finds the opposite to be true. read more

Quarantine hotels must ensure HVAC is ‘Covid-secure’, warns building specialist

Building intelligence architects at Horizon Controls are warning that government plans to introduce mandatory hotel quarantine expose a loophole in HVAC legislation within hotels. The specialist firm offers tips to hoteliers on how to curb the spread. read more

LAST CALL FOR ABSTRACTS: 36th International Scientific & Expert Meeting of Gas Professionals

Croatian Gas Center Ltd and the Croatian Gas Association have issued a last call for abstracts for those wishing to present a paper at the upcoming 36th INTERNATIONAL SCIENTIFIC & EXPERT MEETING OF GAS PROFESSIONALS in June. The deadline for title and abstract is 28 February. read more

WETICO wins $9m RTCC order of Modular Skids for Aramco’s Berri development

Riyadh-based Water & Environment Technologies Co. (WETICO) – Saudi Arabia’s leading integrated water and wastewater treatment solutions provider – has been awarded an order of SAR 34 million (approximately US$9 million) for the supply and delivery of 15 sets of oil Modular Skids. The new contract is with Al-Rashid Trading & Contracting Co. (RTCC), for end-client Saudi Aramco. read more

Biden regulatory moves will make ESG the ‘ultimate investment megatrend’

The US President’s expected regulatory changes will push environmental, social and governance (ESG) investing “to become the ultimate megatrend,” predicts the CEO of one of the world’s largest independent financial advisory and fintech organisations. read more

Valmet introduces advanced water treatment tech for marine industry

Finnish-headquartered process technology giant Valmet is enhancing emission control with its patented, fully-automatic water treatment solution for the marine scrubber system and exhaust gas recirculation system. The solution is fully aligned with International Maritime Organization (IMO) guidelines for the marine business. read more

Legendary race-car driver Mario Andretti joins the hydrogen fuel movement

The Andretti Group – headed up by racing legend Mario Andretti – is entering an agreement with PowerTap Hydrogen Fueling Corp. to install PowerTap’s proprietary hydrogen production and fuelling modules across the Group’s network of gas stations in the US. Starting with California, Andretti Group's footprint of gas stations will make hydrogen fuel accessible to a wide west coast network, amidst forecasts that hydrogen will take 25 per cent of oil demand by 2050. read more

Quantafuel and Geminor initiate industrial partnership

Energy company Quantafuel ASA has acquired 40 per cent of the shares in resource management company Geminor AS. The acquisition makes the two Norwegian companies industry partners and leading players in the development of chemical recycling of plastics in Europe. read more

Evonik launches 3 new natural refrigerant gases

Evonik's customers throughout Europe can now purchase three new natural refrigerants – n-butane (DRIVOSOL® R600), isobutane (DRIVOSOL® R600a), and propane (DRIVOSOL® R290).  The new refrigerants offer manufacturers of refrigerators, freezers, air conditioners and heat pumps an environmentally friendly, energy-efficient alternative to existing products. read more

Neste acquires minority stake in Alterra Energy as the firms look to commercialise Alterra’s waste plastic liquefaction tech in Europe

Neste – the world’s leading provider of renewable diesel and sustainable aviation fuel – has acquired a minority stake in Alterra Energy, an innovative chemical recycling technology company. Neste’s equity investment supports Alterra Energy’s expansion and commercialisation of Alterra’s proprietary thermochemical liquefaction technology in Europe. read more

Pipeotech’s reach goes atomic

Research facility European Spallation Source (ESS), the most powerful neutron source in the world, is to use Pipeotech’s DeltaV-Seal gasket. read more

Wärtsilä to support Denmark’s fossil-free ambition with two large-scale biogas upgrading plants

Technology group Wärtsilä will supply two large-scale biogas upgrading plants to different locations in Denmark. The order was placed by Nature Energy – the world’s leading biomethane company. By injecting biomethane – the end-product of upgraded biogas – into the gas grid, Denmark will be taking an important step towards its stated ambition of becoming a climate-neutral and fossil-free nation. read more

Kongsberg Digital cements leading position in energy sector’s digital transition

The status of Kongsberg Digital as the forerunner of digital transformation within the oil & gas sector has been recognised with three awards at the 2020 Digital Oil & Gas Asia Summit (DOA 2020) held in Beijing, China. read more

Konica Minolta set to acquire hyperspectral imaging leader Specim

Konica Minolta, Inc. (‘Konica Minolta’) has announced that Konica Minolta Sensing Europe B.V. – its wholly-owned subsidiary for the sensing business, based in the Netherlands – has entered into a definitive agreement to acquire Specim, the world’s leading global supplier of hyperspectral imaging solutions. read more

Babcock orders three PEMA shipbuilding automation lines

Babcock International Group, the aerospace and defence company, has placed an order for an extensive set of PEMA welding and production lines for shipbuilding at its Rosyth site in Scotland. In total, the order includes three lines: PEMA Thin plate panel line, PEMA Micro panel line, and PEMA T-beam fabrication line. read more

GPCA announces special edition of Annual Forum to take place in February 2021

The Gulf Petrochemicals and Chemicals Association (GPCA)’s forum next year will address the theme ‘Leadership in the New Reality – Catalyzing Sustainable Growth in the Chemical Industry’. read more

Vodafone commits to net zero carbon emissions by 2040

Telecoms giant Vodafone has announced its commitment to reducing the firm’s total global carbon emissions to ‘net zero’ by 2040. read more

Latest issue – Vol 1/21
Lead stories
– Innovation focus
– Customer Experience strategies
– Catalysing growth in the Gulf’s chemical  sector
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The 21st China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe2021)

NEW CHINA INTERNATIONAL EXHIBITION CENTER, BEIJING, CHINA

36th International Scientific & Expert Meeting of Gas Professionals

CONGRESS CENTER OF THE GRAND HOTEL ADRIATIC, OPATIJA, CROATIA

Singapore International Water Week (SIWW) 2021

SINGAPORE