Tag: EnergyTransition

MOL signs a project finance agreement for the FSRU project

Singapore’s first FSRU advances LNG infrastructure and low-carbon energy transition.

Vestas secures 390 MW offshore order in South Korea

First offshore wind order in Korea reinforces regional renewable energy deployment.

Technip Energies awarded a detailed engineering contract

Technip Energies has been awarded detailed engineering for PTTEP’s Arthit CCS facilities in the Gulf of Thailand, covering new CO₂ processing and injection units with brownfield modifications—critical infrastructure requiring high-grade stainless steel for CO₂ handling and corrosion resistance.

Modular construction completed at Xudabao VVER-1200s

Major progress at China’s Xudabao nuclear plant as Unit 4 completes installation of its stainless-steel-lined passive water tank—marking four years of modular construction achieved.

Catalysing Malaysia’s hydrogen breakthrough

Malaysia accelerates its clean-energy ambitions with a major green hydrogen project in Terengganu, led by Bin Zayed International and Nova RE Suria.

Groundbreaking Ceremony for a new biorefinery in Malaysia

PETRONAS, Enilive and Euglena have broken ground on a new biorefinery within the Pengerang Integrated Complex in Johor, designed to process up to 650,000 tonnes of renewable feedstock a year into SAF, HVO and bio-naphtha. Targeted to start up in the second half of 2028, the complex will require extensive stainless steel process equipment, storage tanks and piping systems for biofuels and feedstock handling.

Eni and PETRONAS sign investment agreement

Eni and PETRONAS will form a new joint company managing 19 upstream assets in Indonesia and Malaysia, investing USD 15 billion over five years to develop new oil and gas projects.

Mitsui to participate in PTTEP’s CCS project

Mitsui & Co. has joined Thailand’s first Carbon Capture and Storage (CCS) project at the Arthit gas field operated by PTTEP, aiming to start operations in 2028. The project will store up to one million tonnes of CO₂ annually, supporting Thailand’s decarbonisation goals and Mitsui’s net-zero vision.

Brookfield, Solarvest sign 1.5GW solar tie-up

Brookfield and Solarvest will build 1.5GW of utility-scale solar and storage projects in Malaysia within 3–5 years. Stainless steel demand linked to mounting structures, piping, and storage integration.

Korean province to invest USD 7.8bn

South Chungcheong province will develop the country’s largest eco-friendly hydrogen cluster by 2030, with 19 business agreements signed including Linde, Hyundai and Hanwha. Targets 1.2m tonnes hydrogen production and 20GW hydrogen-based power generation by 2040.