All articles by Swagath Bandhakavi

Swagath Bandhakavi

ADNOC secures approval for Ruwais LNG project and $5.5bn EPC contract

A consortium of Technip Energies, Japan-based engineering firm JGC and UAE’s National Petroleum Construction (NPCC) have been awarded the EPC contract for the LNG project in Abu Dhabi

How utilities can mitigate risk of wildfires

The inspection processes typically used for utility powerline assets are inefficient and inaccurate. AI and living digital twins can be employed to significantly improve asset maintenance and vegetation management, greatly reducing wildfire risk, an escalating threat in the US

Validating sCO2 based power generation with STEP pilot plant in San Antonio, Texas

Mechanical completion has been achieved at the Supercritical CO2 Transformational Electric Power (STEP) pilot plant, located at Southwest Research Institute’s headquarters, San Antonio, Texas, USA. This 10 MWe pilot, called STEP Demo, is a complete operating power plant designed to validate sCO2 based power generation, which promises higher efficiency, reduced costs, and lower emissions. It is among the world’s largest test facilities for indirect-fired supercritical carbon dioxide technology.

Urgent need for tripling clean energy investments in emerging economies

A comprehensive report by the International Energy Agency (IEA) and the International Finance Corporation (IFC) underscores the urgent need for substantial increases in annual clean energy investments in emerging economies. To meet rising energy demands and align with Paris Agreement climate targets, investments must surge from $770 billion in 2022 to around $2.8 trillion by the early 2030s. This report highlights private sector involvement, blended finance strategies, and concessional funding for novel technologies as key drivers. Examples from countries like India and Bosnia and Herzegovina illustrate the transformative potential of such investments, not only in clean energy but also in flood protection initiatives, providing a roadmap to a more sustainable future.

Wintershall Dea exits Ghasha concession by selling stake to PTTEP

Situated offshore in western Abu Dhabi, the Ghasha concession is estimated to generate over 1,500MMSCFD of gas by the end of 2030

Woodside draws first oil from Sangomar field offshore Senegal

The initial phase of the Sangomar field is dedicated primarily to the development of less complex reservoir units and the evaluation of other reservoirs to support export of gas to shore

Noble to buy rival offshore drilling firm Diamond Offshore Drilling for $1.6bn

Following the acquisition, Noble will have a fleet of 41 rigs, comprising 28 floaters and 13 jackups

Sinopec unit bags $1bn contract from Aramco for Master Gas System expansion

The turn-key fixed-price contract awarded to the Chinese firm is for the in-country procurement and construction of Packages 6 and 7 of the Phase 3 Pipeline Project Clusters

Hungary’s MVM Group to acquire stake in Shah Deniz gas-condensate field

Shah Deniz, which is located on the deepwater shelf of the Caspian Sea, has the capacity to yield up to 29 billion cubic meters of natural gas and approximately 60 million barrels of condensate annually

Finnish nuclear start-up Steady Energy to begin construction of small modular nuclear pilot plant

The construction of the first operational plant is projected to begin by 2028, with the first unit expected to be operational by 2030