Tag: project

The U.S. Department of Energy (DOE) announced a plan to provide USD 30M for new research on fusion energy. This funding will provide USD 17M for research focused specifically on artificial intelligence (AI) and machine learning (ML) approaches for prediction of key plasma phenomena, management of facility operations, and accelerated discovery through data science, among other topics.An additional USD 13M under a separate funding opportunity will be devoted to fundamental fusion theory research, including computer modeling and simulation, focused on factors affecting the behavior of hot plasmas confined by magnetic fields in fusion reactors.Applications for the AI/ML funding are open to national laboratories, universities, nonprofits, and private sector companies.

Aker BP and Framo have entered into a long-term contract for seawater lift pumps where compensation is directly linked to facility uptime.

Compact Membrane Systems, Inc. (CMS), a pioneer in membrane systems for advanced chemical separations, and Braskem America, Inc., an indirect wholly-owned subsidiary of Braskem S.A., are engaged in the establishment of a joint development agreement.

The Croatian oil and gas company INA has awarded Axens a license agreement to supply Futurol™ cellulosic ethanol technology and contract for basic engineering design of an advanced bioethanol production plant in Sisak, Croatia.

Inconel alloys such as Inconel 625, 718 and X750 are widely for piping and valves in the offshore sector. Although these alloys are used widely for both internal and external corrosion resistance, they have different applications such as increasing mechanical strength, reducing friction and galling, facilitating cycling and mitigating fatigue stress.

Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced that the company, Toyota Tsusho Corporation and Turkish engineering company Egesim Energy Electro-Mechanic Construction Contracting Co., Ltd.

Honeywell announced that PKN ORLEN plans to use the UOP Q-Max™ and Phenol 3G technologies to produce 200,000 metric tons per annum of phenol at its facility in Płock, Poland.

Phillips 66 and Trafigura Group Pte. Ltd announced that they have formed a 50/50 joint venture, Bluewater Texas Terminal LLC, to develop an offshore deepwater port project located approximately 21 nautical miles east of the entrance to the Port of Corpus Christi.

Teesside, UK, OGCI Climate Investments announced the formation of a consortium of OGCI members – BP, Eni, Equinor, Shell and Total – to accelerate the development of the Net Zero Teesside project, previously known as the Clean Gas Project.

Tellurian Inc. (Tellurian) announced that it has extended its Memorandum of Understanding (MoU) with Petronet LNG Limited (Petronet) pursuant to which Petronet and its affiliates intend to negotiate the purchase of up to five million tonnes per annum (5 mtpa) of liquefied natural gas (LNG) from the Driftwood project, concurrent with an equity investment in Driftwood Holdings.