The MoU builds new energy capability and capacity in the UK and represents a significant strategic step in Petrofac’s continued expansion into new and renewable energy.
Each of the four new LNG process units, the largest LNG production trains in the world, will have a production capacity of 7.8 million metric tons per year (m.t./yr).
The approved funding for the project, starting on 1 August 2020, amounts to EUR 30 million and the overall project has a total budget of EUR 89 million.
Shipping JV will be responsible for transporting LPG cargoes and other petroleum products, sourced from the ADNOC Group and global suppliers, to Wanhua Group’s manufacturing bases in China and around the world.
As per the contract, tpgroup will qualify the design concepts, build and test a prototype system to manage hydrogen during emergency shutdown procedures more safely and reliably than existing methods.
Sales dropped by 50.2% YoY and stood at Rs 248.13 crore in June 2020.
Siemens Energy will supply the required 20 compression trains. Ten trains will be built for the injection portion of the plant, and another 10 trains will be used for the withdrawal portion of the plant.
Decline due to lower production in domestic business post closure of Panna Mukta and D1D3 fields and lower prices.
Adjusted earnings per share were $1.90, 4% above prior year, or 8% higher when excluding negative currency translation effects.
Sales stood at EUR10.27 billion in the first half of the year, from EUR10.95 billion in the same period last year.
Built and operated by Linde's joint venture Linde LienHwa (LLH), the project will support a multi-billion-dollar wafer fab expansion in Tainan Science Park, Taiwan.
The amount of the initial investment would be approximately 8.5 billion South African Rand (440 million euros).
The hydrogen refueling station will have a capacity of around 1,600 kg of hydrogen per day, making it one of the largest hydrogen stations in terms of nameplate capacity ever built.
UOP’s acid gas removal technology, which includes UOP’s MemGuard and Separex technologies and adsorbents to remove contaminants such as carbon dioxide, hydrogen sulfide and mercury from natural gas, will be used at the facility.
The project will help move forward in maturing the technology for green hydrogen production and turn it into a solution for efficient decarbonization in the medium term, both for the industry that uses it as a raw material and for processes that are difficult to decarbonize.
New material could capture more than 90 percent of CO2 from industrial sources and requires less energy for overall carbon capture process
The MoU aims at building a closer strategic partnership between the two companies by jointly working on CBG projects.
Q3 FY20 sales down 7% from the prior year.
This highly efficient plant, with circa 10% less electricity consumption, will have a production capacity of 2,200 tons of oxygen per day, and will be built in Port of Moerdijk in the Netherlands.
Together, both companies will explore the option to invest in hydrogen production and filling facilities, and further the use of hydrogen in industrial applications, particularly mobility.
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