Industrial Gas News

Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said.The sale process comes a decade after the state investment firm set up Pavilion Energy to focus on LNG-related investments, and takes place as spot Asian LNG prices LNG-AS have fallen more than 40% since mid-August, potentially weighing on the deal's valuation.Temasek is evaluating bids for the sale of Pavilion Energy's assets…

ExxonMobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible "illusion", saying the same could be said about electric vehicles and solar energy."There is no solution set out there today that is at the scale to solve the problem," Woods told Reuters on the sidelines of the COP28 climate summit in Dubai."So, you could say that about carbon capture today, you could say that about electric vehicles, about wind, about solar.

The Dutch government has granted a consortium that includes oil majors Royal Dutch Shell and ExxonMobil around 2 billion euros ($2.4 billion) in subsidies for what is set to become one of the largest carbon capture and storage (CCS) projects in the world, the Port of Rotterdam said on Sunday.Shell and Exxon requested the subsidies in January together with industrial gas suppliers Air Liquide and Air Products for a project which aims to capture CO2 emitted by factories and refineries…

Liquefied natural gas (LNG) cargoes are piling up off the shores of Europe as the coronavirus pandemic severely disrupts gas demand, leading to delays in tanker discharges and a rise in the number of vessels used as floating storage, analysts said.Lockdowns due to the virus have led to a slump in industrial gas consumption worldwide, reducing demand for LNG and causing cargo deferrals, delays and cancellations, initially reflected by a build up of floating cargoes in the Far East and India.Despite some vessels managing to unload as lockdowns ease…

Chart Industries, the maker of equipment for the liquefied natural gas and industrial gas industries, has been awarded a contract by LGM Engineering to supply four LNG fuel tanks.The fuel tanks, supplied by Chart, will power two 22 dead weight tonne (dwt) chemical tankers with clean burning natural gas. The ships will be built in Wuhu Shipyard, China and owned by Rederi AB Donsõtank from Sweden.Each of the 300m³ capacity cryogenic tanks comprises double stainless steel shells with vacuum & perlite insulation.The tanks will be designed and manufactured at Chart’s Changzhou, China facility and classified by DNV GL in accordance with associated regulations.“We thank LGM Engineering for this order and are excited to be working with them on this project.

Asia's hydrogen gas demand will rise as the region's oil refineries use the gas to produce low-sulfur fuel to meet new environmental regulations, the head of the world's largest industrial gas producer said."The demand for hydrogen has grown steadily over the years at a much faster rate than GDP growth," Linde Plc's Chief Executive Officer Steve Angel told Reuters ahead of the groundbreaking ceremony for Linde's $1.4-billion gas project on Singapore's Jurong Island."The twin drivers…

The engineering and manufacturing giant Mitsubishi Heavy Industries Group (MHI Group) said it has completed successive technical qualification, conducted by oil majors and engineering companies on Mitsubishi Hitachi Power Systems’ 120MW H-100 Gas Turbine.To date, major LNG players, including ExxonMobil, Shell, Total, along with key engineering contractors such as Bechtel, have all completed extensive qualification studies on Mitsubishi Hitachi Power Systems' 120MW H-100 Gas Turbine for use as the mechanical driver in conjunction with well-proven compressors of Mitsubishi Heavy Industries Compressor Corporation."Acceptance of our LNG Solution by customers around the globe is a real boost for the MHI team"…

Two GE LM2500 marine gas turbines power the Japanese Maritime Self Defense Forces (JMSDF) newest destroyer JS Asahi (DD119). This first of two new destroyers in the JMSDF’s Asahi-class destroyer program was recently commissioned by the JMSDF. The ship was built by Mitsubishi Heavy Industries (MHI) at its Nagasaki Shipyard & Machinery Works in Japan. “We work in concert with IHI, our longstanding partner in Japan, to supply LM2500 marine gas turbines to the JMSDF for this new destroyer and other surface combatant programs,” said GE’s Brien Bolsinger, Vice President, Marine Operations.

Admiral Valve, LLC, parent company of CPV and manufacturer of CPV high pressure valves and fittings for industrial gas, petrochemical and shipbuilding industry applications, named Kelly Tomlin as executive vice president and chief financial officer. Tomlin, who had held the position of chief financial officer at CPV for the past four years, will assume the expanded role of executive vice president as a key member of the CPV leadership team. This appointment comes just after CPV Manufacturing named David London as president, further positioning the valves and fittings leader for future growth.

GE's Marine Solutions reports that the Japan Maritime Self Defense Force (JMSDF) commissioned its second Izumo-class helicopter-carrying destroyer. The new JS Kaga (DDH 184) is powered by four GE LM2500 marine gas turbines, and was commissioned at the Japan Marine United Corporation shipyard in Yokohama on March 22, 2017. First-in-class JS Izumo (DDH 183) and JS Kaga are the largest surface combatants in the JMSDF fleet. Both feature a powerful and reliable combined diesel and LM2500 gas turbine propulsion system, with the gas turbines using GE’s integrated electronic controls.

Distributor of atmospheric gases and welding supplies, Memphis-based nexAir LLC, announced its merger with 23 Praxair Distribution Southeast, LLC (PDSE) branches located in Florida and southeast Georgia and the acquisition of two Praxair Distribution, Inc. (PDI) branches in eastern Georgia. The transaction closed on December 31, 2015, and nexAir assumed operations of the 25 branches as of January 4, 2016. PDSE was formed in 1997 as the result of a joint venture between PDI and the George W. Fowler Company, a long time industrial gas distributor in Florida owned by the William B. Porter family. The family will take an ownership interest in nexAir with the closing of this transaction. PDSE will become a wholly-owned subsidiary of nexAir.

Bestobell Valves, part of the President Engineering Group (PEGL), has supplied valves to what has become the fastest LNG (liquefied natural gas) fuelled ferry ever built. The specialist cryogenic valve manufacturer produced 70 globe, check and thermal relief valves, which were supplied to Chart Ferox, a company based in the Czech Republic, which manufactured the fuel system for the ferry. Bestobell Valves has enjoyed a long working relationship of over 20 years with Chart Ferox, a company which specializes in the manufacture of cryogenic storage vessels.

GE's Marine Solutions announced it will provide IHI, Tokyo, Japan, with two LM2500 aeroderivative marine gas turbines for the Japan Maritime Self Defense Force's (JMSDF) new 8,200-ton class Aegis destroyer. “GE's LM family of gas turbines are already part of numerous JMSDF ships, most recently the Izumo-class DDH helicopter carriers and 5,000-ton class destroyer programs,” said Brien Bolsinger, Vice President, Marine Operations, GE, Evendale, Ohio. “By using our marine gas turbines, the JMSDF benefits from long term support, operational efficiency and commonality within their fleet.

Technip was awarded by Air Products a contract to provide project management, as well as engineering, procurement and construction management (EPCM) services for a new industrial gas complex for Bharat Petroleum Corporation Limited – Kochi Refinery (BPCL-KR) located in the state of Kerala, India. Being built on a “Build-Own-Operate” basis (BOO), the industrial gas complex of Air Products is designed to cater to the requirement of industrial gases (Hydrogen, Nitrogen and Oxygen) of BPCL-KR  for its Integrated Refinery Expansion Project (IREP), which will increase BPCL-KR’s crude refining capacity from 9.5 million metric tons per annum to 15.5 million metric tons per annum (from 190…

W&O caps a busy year with two additional deals intended to penetrate the busy offshore markets with cutting edge products. For many, the recently announced W&O Supply partnership agreements might come as just another piece of news in the busy marine markets. For starters, however, W&O Supply is now the exclusive sales agent for PG Marine Group – Ing Per Gjerdrum AS – in North America. Separately, Bestobell Valves, part of the President Engineering Group (PEGL), also named W&O Supply as its exclusive distributor for Bestobell Valves in North America. Finally, and in concert with PG Marine in a 3-way partnership, W&O was also named as the exclusive North American sales distributor for the Hyde GUARDIAN Ballast Water Treatment solution (BWTS) to the marine industry.

Bestobell Marine, a world leading supplier of cryogenic valves for ships, has won a major new order from Hyundai Heavy Industries (HHI) in South Korea to supply valves for two new vessels. Bestobell’s Globe and Check valves will be used within vessels being manufactured for Greek shipowner, Gaslog. This latest order is the result of a number of years of product development by Bestobell Marine to provide flanged Globe and Check valves to meet HHI’s unique specification. This involved a great deal of innovation to create new patterns and tooling for casting and machining the valve bodies, working closely with HHI’s design department. The contract also involved the design and approval of a new smaller version of Bestobell Marine’s unique FLIV (float level isolation) valve.

Hyundai Heavy Industries announced today that the company has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine (GE), a leading industrial gas turbine maker, and has secured Approval in Principle (AIP) on the vessel from the UK-based Lloyd’s Register. The IMO Tier III-compliant 174,000 m3 LNG carrier is equipped with GE’s gas turbine-based Combined Gas turbine Electric and Steam system (COGES 2.0). The vessel is expected to save shipowners or operators an estimated 20 billion Korean won ($17.83 million) on the assumption that the LNG carrier operates for 20 years with an annual operating cost of $720,000, since it does not need additional equipment to handle exhaust emissions.

Bestobell Marine, part of the President Engineering Group Ltd, has innovated within its range, which means it can now offer both butt weld and flanged connections for all its Globe and Check valves. These valves range from small (DN15) to large (DN350), allowing Bestobell Marine to offer greater flexibility to its customers. Valves with flanged connections are particularly in demand with the Japanese and Korean shipbuilding companies, as they are easier to install and involve less welding.

Rolls-Royce will supply Petrobras with advanced maintenance and repair services to support fifteen Rolls-Royce RB211-G62 industrial gas turbine power generation units which are installed on four Petrobras oil platforms operating in the petroleum rich, pre-salt Campos Basin. The four Petrobras platforms, which together can produce over 500,000 barrels of oil per day, or 25 per cent of Brazil's entire output, are reliant on nearly 375MW of Rolls-Royce generated power to maintain a consistently high production output.

Rolls-Royce is proud to announce that BG Group has selected the Trent 60 DLE industrial gas turbine as the driver for the main refrigeration compressors in the proposed Lake Charles LNG Export project in Louisiana, USA. BG Group and Rolls-Royce have also agreed the terms of a Long Term Service Agreement covering the support and maintenance of the equipment for up to 25 years that will help deliver high levels of availability for this important LNG plant. Both the equipment and service contracts are expected to be activated in the first half of 2015, subject to the US LNG plant permitting process and final investment decisions by BG Group and Energy Transfer, the developers of the project.

Bestobell Marine, part of the President Engineering Group Ltd. now offers both butt weld and flanged connections for all its Globe and Check valves. These valves range from small (DN15) to large (DN350). Valves with flanged connections are particularly in demand with the Japanese and Korean shipbuilding companies, as they are designed for ease of installation premised by less welding. To make the product development process quicker and more efficient, Bestobell Marine used a 3D modeling program…

Hyundai Heavy Industries (HHI),  claimed to be the world’s biggest shipbuilder, and the only one in Korea capable of constructing both Membrane type and Moss type LNG carriers, informs it will exhibit at the upcoming Gastech 2014 show in Gyeonggi Province, South Korea. The shipbuilder says it has taken the lead in introducing cutting-edge LNG-related ships, and developing independent LNG storage system and technology. It will show models of an LNG carrier, an LNG FPSO and an LNG FSRU at the event.

Bestobell Valves, part of the President Engineering Group (PEGL), attended the Gastech 2014 exhibition in South Korea recently and said it had a great response from visitors across the globe, including a significant number from South Korea and Japan. The company showcased its cryogenic valves, which are already widely used for industrial gas, LNG marine and land-based LNG (liquefied natural gas) applications across the world. This included demonstrating its DN100 Globe Valve with pneumatic actuator and its DN25 Miniature Needle Globe Valves…