Advancing Finland’s Hydrogen Economy with Gasgrid

Worley have been awarded a four-year framework agreement for Owner’s Engineering (OE) Services by the Finnish Gas Transmission System Operator, Gasgrid Finland Oy.

The project will extend beyond Finland to cover infrastructure ranging across the Baltic Sea area and Sweden.

Worley will support and advise Gasgrid until 2028 with possible extension to 2032, to ensure the engineering and construction of the onshore pipeline projects are planned and implemented in line with the highest standards and quality. Worley OE services will be provided primarily through Worley offices in The Netherlands and Finland 
with support from the Global Integrated Delivery (GID) 
team in India.

“Gasgrid’s strategy is to advance the hydrogen economy and renewable energy related investments in Finland,” says Esa Hallivuori, Senior Vice President of Infrastructure Projects at Gasgrid. “With the cooperation of Worley, Gasgrid envisions a long-term partnership to enable strategic project development and infrastructure investments,” added Hallivuori.

Source: https://www.worley.com/

Saipem and Subsea7 Merger to form Saipem7

Saipem and Subsea7 recently announce that they have reached a memorandum of understanding for a possible merger of the two companies.

Highlights

  • The combination of Saipem and Subsea7 (the “Combined Company”) will be renamed Saipem7, and will have a combined backlog of €43 billion, Revenue of approx. €20 billion and EBITDA in excess of €2 billion
  • A global organisation of over 45,000 people, including more than 9,000 engineers and project managers
  • Saipem and Subsea7 shareholders will own 50% each of the share capital of the Combined Company
  • Completion anticipated to occur in the second half of 2026

Source: https://www.saipem.com/

Contacts

Saipem

Rossella Carrara

Director External Communication and Public Affairs

media.relations@saipem.com

Subsea7

Julie Taylor

Head of Group Communications

communications@subsea7.com

TotalEnergies Joins Forces with Air Liquide 
to Decarbonise its Refineries in Northern Europe with Green Hydrogen

TotalEnergies Joins Forces with Air Liquide 
to Decarbonise its Refineries in Northern Europe with Green Hydrogen

Paris, February 18, 2025 – In line with its 2030 ambition to decarbonise the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands, for the production and delivery of some 45,000 tons a year of green hydrogen produced using renewable power, generated mostly by the Oranje Wind offshore wind farm, developed by TotalEnergies (50%) and RWE (50%). These projects will cut CO2 emissions from TotalEnergies’ refineries in Belgium and the Netherlands by up to 450,000 tons a year and contribute to the European renewable energy targets in transport.

Green Hydrogen Production by TotalEnergies and Air Liquide

The two companies have signed an agreement to set up a joint venture, equally held by TotalEnergies (50%) and Air Liquide (50%), which will build and operate a 250 MW electrolyser near the Zeeland refinery. This project will enable the production of up to 30,000 tons of green hydrogen a year. This project represents a global investment of around €600 million for both partners and has made requests for support under European and national subsidy programmes.

Contacts

TotalEnergies Contacts Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR Relations Investisseurs : +33 (0)1 47 44 46 46 l ir@totalenergies.com

 

TotalEnergies and Partners Inaugurate Yunlin Offshore Wind Farm

TotalEnergies and Partners Inaugurate Yunlin Offshore Wind Farm

During a ceremony held in Taipei, TotalEnergies and its partners announced the successful inauguration of the Yunlin offshore wind farm in Taiwan, which is now fully operational and generating renewable electricity at its planned capacity of 640 MW. It will power 600,000 homes in Taiwan and save 1.2 million tons of CO2 annually. TotalEnergies will serve as the wind farm’s technical operator.

Source:  https://totalenergies.com

BP and XRG Close Deal to Launch 
New Joint venture with Arcius Energy

BP and XRG Close Deal to Launch 
New Joint venture with Arcius Energy

bp, ICorr Corporate member and XRG today announced they have reached financial close and completed formation of their new joint venture and international natural gas production and marketing platform – Arcius Energy. Announced in February 2024, Arcius Energy is 51% owned by bp and 49% by XRG, ADNOC’s transformative investment company. The new joint venture will combine the pair’s deep technical capabilities and proven development track record.

ADNOC and bp are founding members of the Oil and Gas Decarbonisation Charter (OGDC). Launched during COP28 in Dubai, the OGDC is a global commitment to speed up climate action across the energy industry.

Together with its partners, bp currently 
produces around 70% of Egypt’s gas through 
its gas development projects in the West and East Nile Delta.

XRG is a transformative international energy investment company, focused on lower-carbon energy and chemicals, and headquartered in Abu Dhabi. Wholly owned by ADNOC.

For more information about Arcius Energy visit www.arciusenergy.com

Source: bp Press Release

bp press office: London: +44 20 7496 4076, bppress@bp.com

Note for Readers

Note for Readers

ICorr were privileged to be invited to Portcullis House in Westminster adjacent to the Houses of Parliament for a special themed event on the topic of ‘Reuse, Renew, or Replace?’ The following series of articles are presented in the same order as presented to the Parliamentary and Science Committee (P&SC) on the 15th October 2024 and are reproduced here with kind permission of SIP, the 
P&SC official Journal.

The Journal of the Parliamentary and Scientific Committee (All-Party Parliamentary Group). SIP – SCIENCE IN PARLIAMENT has two 
main objectives:

  1. To inform the scientific and industrial communities of activities within Parliament of a scientific nature and of the progress of relevant legislation;
  2. To keep Members of Parliament abreast of scientific affairs.

Visitors were welcomed to the discussion meeting by George Freeman MP, new Chair of the P&SC.

Stephen Tate, President of ICorr, introduced our Institute activities; and especially training, emphasising that improving the competency of corrosion engineers at all levels is a key objective of the Institute. Courses are run, qualifications awarded, specialised meetings held, and financial support given to many including most recently for their YEP – Young Engineer Programme 2024, this time held in London.

Our four specialist presentations were kindly given by Gareth Hinds, Senior Fellow and Science Area Leader, Electrochemistry Group at the National Physical Laboratory, who provided his thoughts on ‘Raising Awareness of Corrosion’; David Parker, Environmental Consultant, who spoke on ‘The Potential of Value Retention Processes (VRPs)’; with Izabela Gajewska, Intertek CAPCIS Consultancy Services, giving us her ideas on ‘Mentoring the Next Generation towards Corrosion Prevention’; and finally Christian Stone of Loughborough University and Concrete Preservation Technologies Ltd describing ‘Advanced Corrosion Management Techniques to Reduce Cost and Risk in Our Built Environment.’ This magnificent 
all-round event provided excellent exposure for our Institute.