Saipem wins Eni, Snam work worth $911mn
In Cote d’Ivoire, the service company has won a subsea umbilicals, risers and flowlines (SURF) contract for Baleine Phase 2. Eni began producing at this field in August.
Snam
Contracts, scale and pipelines – challenges for hydrogen ahead
A number of key uncertainties remain over the deployment of hydrogen, but one point of agreement from Adipec this week has been the need for long-term contracts.
Italy approves floating LNG terminal in bid to cut Russian gas
Gas network operator Snam won approval to install Italy’s newest liquefied natural gas terminal, overcoming local opposition and boosting the country’s bid to improve energy security and wean itself off Russian supplies.
Snam snaps up a Golar FSRU to supply Italy’s gas needs
Snam has bought an FSRU from Golar LNG and will use the vessel to supply central-northern Italy as of spring 2023.
Storegga raises £51.3m as gas infrastructure giant Snam joins as investor
Storegga has raised £51.3 million as Snam, Europe’s largest gas infrastructure operator, joins as an investor.
Mubadala, Snam to work on hydrogen together
Mubadala Investment and Italy’s Snam have signed a memorandum of understanding (MoU) on hydrogen development in the United Arab Emirates.
Without technology there is no net zero
It is a fact of life that if you want to achieve net zero you need the technology that can make it happen. You can play around with what you think are smart economic wheezes such as contracts for difference and carbon tax but if you don’t have the technology to enable you to stop burning hydrocarbons then ultimately, they’re of no benefit whatsoever.
Cases of efficient asset management at AUTOMA 2021
Oil companies, EPCs, refineries, pipeline operators and drilling contractors will join the AUTOMA Congress next April to discuss the asset management approaches in Upstream, Midstream and Downstream markets.
Saipem and Snam join forces to develop new energy transition technologies
Saipem has signed a Memorandum of Understanding with a leading energy infrastructure operator to start working together on new energy transition technologies.
ADNOC seals $20.7bn deal on gas pipelines
A group of international investors is buying a stake in ADNOC’s gas pipeline assets, which are valued at $20.7 billion.
Abu Dhabi said to near pipeline deal with GIP-backed group
Abu Dhabi’s state-owned energy producer is close to selling a multibillion-dollar stake in its natural gas pipelines to an investor group backed by Global Infrastructure Partners and Brookfield Asset Management Inc., in what is set to be one of the year’s biggest infrastructure deals.
GIP consortium to seek $8 billion loan for ADNOC deal
An investor group backed by Global Infrastructure Partners and Brookfield Asset Management is seeking a loan of about $8 billion to finance the potential purchase of a stake in ADNOC’s natural gas pipelines, according to people with knowledge of the matter.
Baker Hughes, GE to weigh up LNG plant job in Italy
Baker Hughes, a GE company (BHGE) will help develop infrastructure to boost sustainable mobility in heavy duty trucks in Italy.
Statoil to sell TAP pipeline stake to Snam
Statoil has agreed to sell its 20% stake in the Trans Adriatic Pipeline to Italian gas infrastructure firm Snam for EUR208million.