BP, in partnership with other stakeholders in the Tangguh Production Sharing Contract, has made a significant investment of $7 billion in the Tangguh Ubadari, CCUS, and Compression (UCC) project in Papua Barat, Indonesia. This groundbreaking project signifies a major step forward in Indonesia’s energy transition and highlights BP’s commitment to sustainable energy solutions. The Tangguh UCC project will leverage existing infrastructure at BP’s Tangguh LNG facility, enhancing its liquefaction capacity to 11.4 million tonnes per annum. By incorporating cutting-edge CCUS technology, the project aims to sequester 15 million tonnes of CO2 emissions during its initial phase, while simultaneously boosting gas production efficiency. “This project not only unlocks a fantastic gas resource, it also represents an Indonesian first through the use of CCUS to maximize gas recovery. BP has operated in Indonesia for more than fifty-five years, and the strength of our relationships enables us to bring deep technical experience in helping to deliver this innovative development. We deeply appreciate the continued support of the Government of Indonesia and partners and look forward to helping the region meet its growing energy needs,” said Murray Auchincloss, BP CEO. The Tangguh UCC project reinforces BP’s long-standing commitment to Indonesia, where the company has…
Henfra, a prominent Polish company, has announced plans to invest $1.6 billion in the construction of a green ammonia production facility in Egypt. The facility, which is expected to reach a capacity of one million tonnes per year, will contribute to Egypt’s green energy transition and strengthen its position as a global hub for renewable hydrogen and ammonia production. The project will leverage Egypt’s abundant solar and wind energy resources to power the entire production process, ensuring a sustainable and low-carbon footprint. The green hydrogen produced through water electrolysis will be combined with nitrogen to create green ammonia. The initial phase of the project, with a capacity of 100,000 tonnes per year, is scheduled to be operational by 2030. The entire output of the facility is earmarked for export to the European Union, where there is a growing demand for green hydrogen and ammonia to decarbonize various industries. The Egyptian government has been actively promoting the development of green hydrogen and ammonia projects, offering attractive incentives and streamlined regulatory processes. The collaboration between Henfra and the Egyptian government underscores the country’s commitment to sustainable development and its potential as a global leader in clean energy. This strategic partnership between Henfra…
A group of Caribbean scientists and environmentalists have developed a groundbreaking solution to a persistent regional problem: the invasive seaweed sargassum. By converting this nuisance into a valuable resource, they have pioneered a method to power vehicles with biofuel derived from sargassum and other organic waste. In recent years, sargassum has inundated Caribbean beaches, causing significant environmental and economic damage. The innovative team at the University of the West Indies in Barbados has turned this problem into an opportunity by harnessing the seaweed’s potential as a renewable energy source. The biofuel, produced from a combination of sargassum, wastewater from rum distilleries, and organic waste, can be used to power vehicles after a simple conversion process. This sustainable solution not only addresses the sargassum problem but also reduces reliance on fossil fuels. Dr. Legena Henry, a key figure in this project, emphasized the potential of this innovation to alleviate the economic burden caused by sargassum. By transforming a nuisance into a valuable resource, this project offers a promising pathway towards a more sustainable future for the Caribbean region.
BP has reached a significant milestone by making a final investment decision (FID) for the Tangguh Ubadari, CCUS (Carbon Capture, Utilization, and Storage) project in Indonesia. This decision marks a major step towards reducing greenhouse gas emissions and advancing the global energy transition. The project, which is expected to unlock approximately 3 trillion cubic feet of additional gas resources, involves extending the gas feed to BP’s existing Tangguh LNG facility through the development of the Ubadari gas field. The project is scheduled to commence production in 2028. Once completed, the Tangguh EGR/CCUS project will feature three injection wells, an offshore injection platform, and onshore facilities for CO2 removal, processing, and compression. The initial phase of the project aims to sequester around 15 million tonnes of CO2, with the potential for further expansion given the region’s significant CO2 storage capacity. “This project not only unlocks a fantastic gas resource,it also represents an Indonesian first through the use of CCUS to maximise gas recovery. BP has operated in Indonesia for more than fifty-five years, and the strength of our relationships enables us to bring deep technical experience in helping to deliver this innovative development. We deeply appreciate the continued support of the…
Mocean Energy, a pioneering force in ocean energy technology, has launched a crowdfunding campaign on Crowdcube to accelerate its growth and commercialization efforts. The company’s innovative wave and solar-powered technology, Blue X, offers a reliable and sustainable solution for generating clean energy. By harnessing the power of the ocean, Mocean Energy aims to contribute to a greener future and address the global energy challenge. The funds raised through the crowdfunding campaign will be used to further develop and commercialize the Blue X technology. This will involve scaling up production, optimizing performance, and expanding into new markets. “We are advancing our innovative technology in support of our ambition to become a global leader in the ocean energy space. This crowdfunding round is an opportunity to join us on this exciting journey as we deliver cutting-edge solutions to power a cleaner, greener future,” said Cameron McNatt, Managing Director at Mocean Energy. Mocean Energy has already made significant strides in the development of its technology, with successful deployments of the Blue X prototype and ongoing commercial projects. The company’s strong track record and experienced team position it as a leading player in the ocean energy sector.
Gasgrid, a leading energy infrastructure company, has awarded StreamTec Solutions AG (STS) a framework contract for Owners Engineering (OE) services to support the development of hydrogen transmission infrastructure projects in the Baltic Sea region. This strategic partnership aims to accelerate the transition to a hydrogen-based economy and strengthen energy security in the region. The framework contract, which has a minimum term of four years with options for two additional two-year extensions, will focus on two key projects: Esa Hallivuori Senior Vice President, Infrastructure Projects Gasgrid commented: “The hydrogen economy will improve security of supply and safety in the Baltic Sea region and Europe as a whole, bring much-needed flexibility to the energy system and create new investments and jobs”. Georg Nowack Project Manager from STS added “We are delighted to be entrusted by Gasgrid to support the development of these prestigious and ambitious infrastructure projects. This partnership highlights our expertise in delivering innovative projects in the field of hydrogen and offshore construction.” This collaboration between Gasgrid and StreamTec marks a significant step forward in the development of a hydrogen-based energy future for the Baltic Sea region and Europe.
A consortium of leading Scottish institutions, including the University of Edinburgh and the University of Dundee, has secured a £2.5 million funding boost from the UK Research and Innovation Engineering and Physical Sciences Research Council (EPSRC). The funding will be used to advance offshore wind technology and drive sustainable energy solutions. The project, led by the Forth and Tay Offshore (FTO) Cluster, aims to address critical challenges in offshore wind energy, including improving design and engineering practices and enhancing environmental impact assessments. By leveraging the expertise of researchers from both universities, the project seeks to accelerate the development of innovative technologies and sustainable practices. The east coast of Scotland, with its wealth of offshore wind resources and established supply chain, provides an ideal location for this research. The funding will support a range of activities, including field trials, laboratory experiments, and data analysis. Professor Alasdair McDonald, chair in Renewable Technologies at the University of Edinburgh, expressed enthusiasm for the project: “This funding will enable us to push the boundaries of offshore wind technology, from improved design and engineering practices to enhanced environmental impact analysis. “Our collaboration with the University of Dundee and the Forth and Tay Offshore Cluster will allow us…
Invizyne Technologies, Inc. (NASDAQ: IZTC), a leader in cell-free biomanufacturing, announced a $2 million grant to advance the production of sustainable aviation fuel (SAF) using its innovative enzyme-based technology. The project, a cost-share grant awarded by the U.S. Department of Defense’s BioMADE initiative in collaboration with the University of Georgia, highlights the growing importance of biofuels in achieving environmental sustainability. BioMADE seeks to accelerate the commercialization of American-made biomanufactured products and views Invizyne’s project as a key contributor to this goal. “This initiative represents a significant step forward for biofuel production,” said Dr. Douglas Friedman, CEO of BioMADE. “By supporting Invizyne’s cell-free approach, we can potentially create a more efficient and sustainable way to meet the growing demand for clean aviation fuels.” Invizyne’s cell-free technology bypasses the need for living cells, offering a more streamlined and efficient approach to biomanufacturing compared to traditional methods. This grant builds upon Invizyne’s previous $5.85 million grant from the U.S. Department of Energy for the development of cell-free isobutanol production. Isobutanol is a key precursor to SAF, presenting a potential solution for the $27.4 billion global SAF market, projected to grow rapidly in the coming years according to Acumen Research and Consulting. The BioMADE…
Despite its commitment to increasing renewable energy capacity, Azerbaijan continues to prioritize fossil fuel development, according to a new report from Global Energy Monitor. While the country has set a target of reaching 30% renewable energy share by 2030 and is actively pursuing wind and solar projects, the pace of development remains slow. The report highlights that the majority of new power capacity under construction in Azerbaijan is still based on fossil fuels, particularly gas. The 1.3 GW Mingecevir gas power plant, scheduled to be completed by the end of the year, underscores the country’s reliance on fossil fuels for its energy needs. This development contrasts with the global trend towards renewable energy sources, particularly solar and wind power. The Caucasus and Central Asia region as a whole is facing similar challenges. While there are ongoing efforts to expand renewable energy capacity, the dominance of fossil fuels persists. The region’s reliance on fossil fuel exports and the economic benefits associated with them have hindered the transition to cleaner energy sources. As the world prepares for COP29, it is crucial for countries like Azerbaijan to accelerate their transition to renewable energy. By investing in clean energy technologies and implementing supportive policies,…
Sungrow, a global leader in renewable energy solutions, has achieved a significant milestone with the completion of a 308-megawatt peak solar installation in Africa. This project underscores the growing potential of solar energy in Africa and its contribution to a sustainable future. The project, one of the largest solar installations in the region, is capable of powering over 110,000 homes and generating approximately 500 million kilowatt-hours of clean energy annually. This achievement showcases the scalability and reliability of solar power, particularly in regions with abundant sunlight. “We are proud to have contributed to this landmark project,” said Thompson Meng, Vice President of Sungrow PV & Storage BG. “This installation demonstrates the significant role solar energy can play in addressing Africa’s growing energy needs and reducing carbon emissions.” The project’s success can be attributed to several factors, including Sungrow’s advanced solar inverter technology, strong partnerships with local stakeholders, and supportive government policies. By leveraging its expertise and innovative solutions, Sungrow has positioned itself as a key player in the global energy transition. As the global demand for clean energy continues to rise, Sungrow remains committed to providing cutting-edge renewable energy solutions. The company’s focus on research and development, coupled with its…
