Energy Industry Highlights 2024: LNG Projects, Hydrogen Blending, and Compressor Technology Growth
Key Ideas
- McDermott secures a significant EPCI contract for the North Field South Offshore Pipelines and Cables Project in Qatar, aiming to boost LNG production in the State.
- Enbridge and FortisBC collaborate on a hydrogen blending study in British Columbia, potentially paving the way for safe hydrogen transportation through existing gas pipeline infrastructure and market development.
- Atlas Copco reports growth in LNG and hydrogen applications within its Compressor Technique business, driven by increased order volumes and demand for equipment supporting the transition to a low-carbon society.
- Piñon Midstream receives EPA approval for CO2 sequestration plan in New Mexico, highlighting the commitment to environmental protection and sustainable carbon management in the region.
In 2024, the energy industry experienced notable developments across various sectors. McDermott's EPCI contract with QatarEnergy LNG for the North Field South Offshore Pipelines and Cables Project aims to enhance LNG production in Qatar significantly. Enbridge and FortisBC's collaboration on hydrogen blending in British Columbia signifies a step towards safe hydrogen transportation via existing gas pipelines, potentially fostering a commercial hydrogen market. Atlas Copco's growth in LNG and hydrogen applications underscores the increasing demand for equipment supporting the transition to a low-carbon society. Furthermore, Piñon Midstream's EPA approval for CO2 sequestration highlights a commitment to sustainable carbon management. These developments reflect positive strides in industry growth, technological advancements, and environmental stewardship.
Topics
Projects
Infrastructure
Business Growth
Engineering
Carbon Capture
Energy Industry
Market Development
Gas Pipelines
Environmental Regulation
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