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Industry

Traditional oil & gas project financing has witnessed a marked change in recent years as the industry struggled through demand shocks during Covid and price volatility, first on account of a sustained but short-lived post-Covid recovery in 2021, and more recently in the aftermath of Russia’s Ukraine invasion last year

Amarinth, designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment, has won another order from Iraq Gates Contracting Company (IGCC), this time for two bespoke API 610 12th Edition VS4 vertical pumps for the Rumaila oilfield, Iraq

DNV, the global independent energy expert and assurance provider, is launching the second phase of H2Pipe, a joint industry project (JIP) aiming to develop a new code for the design, re-qualification, construction and operation of offshore pipelines to transport hydrogen – either pure or blended with natural gas

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