Market Trends

The duo also named the fifth LNG terminal ship in Karpowership’s fleet, the Karadeniz LNGTS Americas, which delivers electricity from offshore to infrastructure-lacking regions.

The Capstone West Territory now receives the Energy-as-a-Service package, which includes service, parts, technical support requests, and microturbine technology.

MEYER RE and Everllence, previously MAN Energy Solutions, will draft a technical and operational roadmap to accelerate methanol retrofits for Everllence’s four-stroke engines and fueling infrastructure.

With Advanced Mobile Leak Detection and vehicle-mounted sensors, Cadent gains data-driven insights on methane emissions across its large-scale gas distribution network.

The Energy Innovation Program is supporting TerraFixing in developing direct air capture technology with up-scaled CO2-capture beds, applicable to colder climates.

The Optimized Cascade process technology recovers heavy hydrocarbons and may remove nitrogen, allowing Coastal Bend LNG to efficiently liquefy natural gas.

M&A involves more than just finances, as major technology developers combine portfolios to consolidate related products and simplify supply chains.

bp’s Argos Southwest Extension and ExxonMobil Guyana’s Yellowtail highlight the expansion of oil and gas development in the United States and abroad.

In conjunction with dual-inlet, high-flow technology, the P650 DF allows for easy maintenance through its split gear case, split bearing, seal, and detachable airend designs.

The engines are supported by regional after-sales teams and will be delivered to over 10 customers for power rental, building stand-by, data centers, and other applications.

Radiant Nuclear plans to deliver the first mass-produced nuclear microreactor to a U.S. Air Force base by 2028, enhancing mobile power solutions.

Growing demand for carbon capture and storage technology is transforming the industry, driving demand for advanced turbomachinery and reshaping the market landscape for decarbonization efforts.

This marks Venture Global’s fourth final investment decision in six years, and CP2 LNG is its largest standalone project financing.

Turbomachinery faces challenges like labor shortages and supply chain issues, but innovative solutions help the industry meet growing energy demand.

Saipem and Subsea7 are merging to form Saipem7, a new global offshore energy services leader, combining fleets, expertise, and operations across oil, gas, and renewables.

TotalEnergies and CMA CGM establish a 50/50 joint venture to develop LNG bunkering solutions, enhancing the maritime energy transition and supporting decarbonization efforts in global shipping.

GE Vernova’s aeroderivative packages are expected to provide almost 1 GW of electricity to Crusoe AI data centers.

Flexible solutions such as synchronous condensers and battery storage stabilize power supply and address critical issues like inertia, voltage, and short-circuit power.

The investment in its Aiken, SC, facility will expand production capacity for the mtu Series 4000 engines by enhancing in-house machining capabilities and enlarging the site.

Chart’s pre-cooled single mixed refrigerant process technology and modular liquefaction solution increase efficiency and lower costs.

Jeffrey Goldmeer of GE Vernova says ammonia is an efficient option to reduce greenhouse gas emissions across the entire lifecycle.

Baker Hughes and PETRONAS will explore implementing enhanced LNG services, mature asset solutions, AI, and CCUS, among other technological solutions.

Using AI-assisted optimization methods, Voith and the DLR Institute are improving the water turbine design process and enhancing turbine development.

GE Aerospace signed an agreement with SkyWest for its CF34-8E engines and a multi-year MRO service agreement with China Airlines for its GE9X engines.

Everllence’s first order for its 175DF-M engine includes two 12V175DF-M, one 16V175DF-M variable-speed yacht gensets, and methanol fuel-supply systems.

The first block at the Taiwan power plant provides 1.3 GW of cleaner energy, aiming to replace coal units and reduce emissions while stabilizing the country’s electricity grid.

Jeff Moore of SwRI highlights the successful testing of a 10 MWe sCO2 turbine in simple-cycle configuration, initially achieving over 8 MW of gross shaft power and 4 MWe net electric output when synchronized to the grid.

Baker Hughes is set to support Saipem's Eni-led Liverpool Bay CCS Project, enhancing CO2 storage capabilities in the U.K. through advanced compression technology.

Michael Smiarowski of Siemens Energy says the steam turbine market is managing unprecedented demand, so advanced implementation planning is key.

GE Vernova will supply six XPRESS LM2500 aeroderivative gas turbine modular packages and an emissions control system to boost Puerto Rico's capacity for peak summer demand and potential emergency power.