Market Trends

This year’s show focused on the future—how to future-proof current assets and incorporate new ones.

The MethaneSAT detached from SpaceX Transporter-10 and will detect and quantify methane emissions over wide regions of the Earth’s surface.

Terminal Gas Sul is a 6 MTPA offshore LNG import terminal with an Energos Winter floating storage regasification unit and a 33 km pipeline onsite.

With the help of QatarEnergy’s North Field West LNG project, the company plans to increase Qatar’s LNG production capacity by 85% before the end of 2030.

Raw gas reserves were increased by 15 trillion cubic feet and condensate by 2 billion stock tank barrels at the Jafurah unconventional field in Saudi Arabia.

Jean-Charles Bonaccorsi and Carolyn Woeber, Joint Application Engineering Directors at Cadence Design Systems, discuss the role of computational fluid dynamics in the design lifecycle, turbomachinery emissions, decarbonization, and more.

Prevalon Energy is a new standalone business established to grow and innovate the market for battery energy storage solutions with Mitsubishi Power’s technology.

The U.K.’s East Riding of Yorkshire Council granted Equinor planning permission for H2H Saltend—a 600 MW low-carbon hydrogen production plant with carbon capture.

The January/February 2024 issue features an exploration of digital twins, hydrocarbon challenges for compressors, insights on Ansaldo steam turbines, and more.

Texas LNG selected Gulf LNG Tugs of Texas to build, deliver, and operate tugboats for Glenfarne Energy Transition’s export facility.

This episode of the TurboTime Podcast takes a deep dive into the biomass industry with Chris Quijano, the Director of Operations at IHI Power Services.

GE filed a Form 10 registration statement for GE Vernova, which is expected to spin off in early April.

The memorandum of understanding between Ansaldo Nucleare and SACE will establish up to €2 billion in financing to support the execution of nuclear development within the country.

The U.S. DOE awarded Eden $1.4 million in federal funding to develop technologies to stimulate the generation of geologic hydrogen from iron-rich formations.

Global Nuclear Fuel, a GE Vernova business, has received approval from the Nuclear Regulatory Commission to manufacture nuclear fuel enriched with uranium-235.

Qatar Gas Transport Company (Nakilat) has been selected by QatarEnergy to own and operate up to 25 conventional-size LNG carriers in accordance with Time Charter Parties.

The 20% stake in the Peru LNG export plant includes natural gas liquefaction assets, a 408 km pipeline, two storage tanks, a marine terminal, and a truck-loading facility.

Ansaldo Nucleare will contribute to the development of SMRs within Europe through establishing new units, decommissioning old ones, extending plant life, and developing new fusion technologies.

Per the agreement, these partners will collaborate to deploy Westinghouse’s AP300 small modular reactor fleet in the U.K.’s North Teesside region.

bp’s low-carbon hydrogen pipeline has been increased from 1.8 MTPA to 2.9 MTPA, and the company looks to focus on upcoming blue hydrogen projects in 2024.

Avnos will use the $36 million in Series A funding to grow its team, deploy hybrid direct air capture assets, and open an R&D facility to further develop its technology.

These Chinese electrolyzer manufacturers have secured orders for a total of 65 MW for projects in Oman, Thailand, and Uzbekistan.

In Part II of our TurboTime podcast on compressor drivers, the Myth Busters discuss gearboxes and dual-drive compressors.

The United States DOE has reviewed and approved the safety design strategy for the Aurora fuel fabrication facility at the Idaho National Laboratory.

Speakers at Baker Hughes Annual Meeting said natural gas and LNG have significantly lower emissions than their hydrocarbon counterparts, but are they the right energy source for the future?

The agreement is designed to accelerate commercial-scale direct air capture solutions, and the companies will collaborate on three CO2 removal projects to advance this goal.

Several speakers and panels at the Baker Hughes Annual Meeting took issue with President Biden’s pause on LNG licensing.

Benjamin Emerson, Senior Research Engineer at Georgia Tech discussed the challenges with low-carbon gas turbine fuels, including methane, hydrogen, and ammonia.

Kevin Huberty of Sargent & Lundy provided a comprehensive review of SMR technology, including the various models, ongoing projects, government regulations, and major vendors within the industry.

Turbomachinery International spoke with Rich Voorberg, President of Siemens Energy North America, about his top takeaways from POWERGEN 2024.