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Neste divests its NAPCON technology

Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel, has signed an agreement to sell its proprietary technology NAPCON to Lummus Technology. NAPCON covers solutions in the field of interactive operator training simulators and game-aided learning systems, real-time process optimization, AI based process predictors and real-time process information gathering, monitoring and analytics. …

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Wood to support Oman’s future project portfolio

Wood has won a three-year contract to provide specialist technical support to Petroleum Development Oman (PDO) – the country’s primary oil producer. Under the contract, 65 of Wood’s engineering and project management specialists will form part of PDO’s front-end engineering design (FEED) office, delivering complex front-end energy transition and carbon capture projects for PDO. The …

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GME Marks A New Era for Middle East Crude Trading

Gulf Mercantile Exchange (GME), the leading international energy futures and commodities exchange in the Middle East, has announced the first trade on its Alternative Crude Ecosystem (ACE). This innovative bilateral trading platform allows market participants to trade multiple crude grades seamlessly through the exchange. For the first time, Oman, Al Shaheen, Basrah Medium, Basrah Heavy, …

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Penspen to deliver feasibility study for Trans-Saharan Gas Pipeline

Penspen, a leading international energy consultancy, has been awarded a contract to provide a feasibility study update for the Trans-Saharan Gas Pipeline (TSGP), a landmark infrastructure project with the potential to transform African energy dynamics, enhance economic integration, and bolster global energy security. Spanning more than 4,000 kilometers from Nigeria to Algeria, the pipeline, the …

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