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Transition Energy

Equinor presents its energy transition plan for advisory vote to shareholders

Equinor has announced, ahead of the 2021 Annual General Meeting, that starting in 2022 it will submit its energy transition plan for advisory vote to shareholders at its Annual General Meeting. Equinor will update the plan every three years for an advisory vote. Progress on the plan will be reported annually. “Sustainability has been integrated […]

Oilfield Africa - Tuesday April 20, 2021
SSE Thermal and Equinor join forces on plans for first-of-a-kind hydrogen and carbon capture projects in the Humber

Equinor and SSE Thermal have today unveiled plans to jointly develop two first-of-a-kinds, low-carbon power stations in the UK’s Humber region, comprising one of the UK’s first power stations with carbon capture and storage (CCS) technology, and the world’s first 100% hydrogen-fuelled power station. The plans, underpinned by a new cooperation agreement between the two […]

Oilfield Africa - Friday April 9, 2021
HYBRIT: Over SEK 250mln Investment in a Large-scale Hydrogen Storage Project

As part of the SSAB, LKAB and Vattenfall joint initiative HYBRIT, Hybrit Development AB is starting the construction of a hydrogen storage facility in Svartöberget to develop the technology for storage. Fossil-free hydrogen, which will replace coal and coke, is a crucial part of the production technique for fossil-free iron and steel production,  where emissions […]

Oilfield Africa - Thursday April 8, 2021
Plug Power, Chart Industries and Baker Hughes announce their intention to become cornerstone investors in FiveT Hydrogen Fund

Plug Power, Chart Industries, Inc. (NYSE: GTLS) and Baker Hughes (NYSE: BKR), are announcing their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund,  a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects at scale. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker Hughes each intend to […]

Oilfield Africa - Tuesday April 6, 2021
Baker Hughes Acquires Exclusive License from SRI International for Mixed Salt Process Technology for Carbon Capture

Baker Hughes announced it has entered into a global exclusive licensing agreement with SRI International to use SRI’s innovative Mixed-Salt Process (MSP) for CO2 capture. SRI has received support from the U.S. Department of Energy’s Office of Fossil Energy (FE) and National Energy Technology Laboratory (NETL) in developing its MSP technology. The agreement with SRI follows Baker Hughes’ acquisition of Compact Carbon […]

Oilfield Africa - Thursday April 1, 2021
ExxonMobil and Porsche test lower-carbon fuel in race conditions

ExxonMobil and Porsche are testing advanced biofuels and renewable, lower-carbon eFuels, as part of a new agreement to find pathways toward potential future consumer adoption.  The first iteration of Esso Renewable Racing Fuel is a blend of primarily advanced biofuels and is specially formulated by ExxonMobil’s in-house team of scientists and engineers. Analysis indicates the […]

Oilfield Africa - Wednesday March 31, 2021
BP leads UK’s Transition Energy, to build largest hydrogen production plant

BP today announced that it is developing plans for the UK’s largest blue hydrogen production facility, targeting 1GW of hydrogen production by 2030. The project would capture and send for storage up to two million tonnes of carbon dioxide (CO₂) per year, equivalent to capturing the emissions from the heating of one million UK households¹.  […]

Oilfield Africa - Friday March 26, 2021
Baker Hughes and Horisont Energi partner on Barents Sea Carbon Capture, Transport and Storage Project

Baker Hughes and Horisont Energi AS have signed a memorandum of understanding (MoU) for the Polaris carbon storage project off the northern coast of Norway. Under the agreement, the two companies will explore the development and integration of technologies to minimize the carbon footprint, cost and delivery time of carbon capture, transport and storage (CCTS). […]

Oilfield Africa - Friday March 26, 2021
Nigeria builds 10MW wind farm reiterates renewable energy pursuit

Nigeria is set to commission a 10MW Wind Farm Project in Katsina state situated at northern part of the country. This is expected to be performed by President Mohammadu Buhari later this month.  This was disclosed by Bashir Ahmad, the Personal Assistant on New Media to the Nigerian President in a statement recently. “The 10MW […]

Oilfield Africa - Friday March 26, 2021
Bourbon Subsea wins turnkey ‘Floating Wind Turbine (FWT)’ contract in Norway

As part of its partnership with TetraSpar Demonstrator ApS, Bourbon Subsea Services will manage the transportation and installation of the 3,6 MW Floating Wind Turbine prototype. This new turnkey stage includes project management, engineering, installation and offshore execution from assembly port in Denmark until hook up and Inter Array Cable installation on Metcenter Test site […]

Oilfield Africa - Friday March 26, 2021

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