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The contracts are together worth around US$1bn. (Image source: Adobe Stock)

Saipem has been awarded two offshore contracts in Saudi Arabia together worth around US$1bn under its existing Long-Term Agreement with Saudi Aramco

Saipem’s scope of work under the first contract involves the engineering, procurement, construction, and installation (EPCI) of three production deck modules (PDMs), 33 km of subsea rigid pipelines with diameters of 12 inches and 16 inches, and 34 km of subsea power cables. The infrastructures will be installed in the Marjan oil and gas field.

The second contract involves the EPCI of three jackets, five PDMs (Production Deck Modules), 22 km of subsea rigid pipelines with a diameter of 16 inches, 5 km of subsea flexible pipelines, and 35 km of subsea power cables. The infrastructures will be installed in the Zuluf and Safaniyah oilfields.

For the offshore component of the two projects, Saipem will deploy its construction vessels that are operating in the region.

Fabrication will be carried out at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Ltd., with the aim of boosting the capabilities of local industry.

The award follows the award of two offshore projects in Saudi Arabia in July, under its Long-Term Agreement (LTA) with Saudi Aramco, together amounting to US$500mn and relating to the Abu Safa, Berri and Manifa fields
Saipem has a longstanding relationship with Saudi Aramco, and a strong presence in the Saudi Arabia and throughout the region.

Brady’s new BradyJet J7300 Colour Label Printer prints industrial-strength labels in vibrant full colour. (Image source: Brady Corporation)

Who says inkjet and durability can’t work together?

Meet the BradyJet™ J7300 – Brady's groundbreaking new printer that’s redefining what’s possible with full colour for industrial applications. Whether you need labels for the production line or anywhere in your facility, this versatile printer delivers vibrant, eye-catching labels that stand up to tough conditions.

Water, chemicals, abrasion? No problem. And with LabelSense™ technology working behind the scenes, setup is automatic and takes seconds. That means anyone can print just about anything, from sharp barcodes and regulatory labels to custom signs and tags with photos and logos.

Brady’s new BradyJet J7300 Colour Label Printer prints industrial-strength labels in vibrant full colour. Optimally support safety, lean efficiency and maintenance in production environments. Use the toughest materials on the market, complete with automatic setup, calibration and printing on the very first label.

Why should you consider equipping your operation with a BradyJet J3700?


Ideal for industrial labelling that changes frequently, from regulatory signage and Lean visuals to barcoding, lab ID, GHS labelling and UL/component ID
LabelSense™ technology enables printer, materials and inks to talk to each other for automatic part recognition, setup and adjustments
Dual CMY and true black (K) ink cartridges deliver vibrant colours, deep black, dark tones, readable barcodes and sharp text job after job
Prints smear-free inks on labels that resist water, chemicals and abrasions for up to two-year outdoor durability (even longer indoors)
Print Utility dashboard helps you plan, budget and troubleshoot with status alerts, a job cost calculator, remote monitoring and more
Exterior LED lighting and clear cover communicate real-time printer status
Ships with the free Brady Workstation Basic Software that includes fundamental apps and features to create labels
Optimised Windows® driver lets you connect to third-party software and print PDFs

BradyJet J7300 LRresized

Unleash your true colours with the BradyJet™ J7300 Colour Label Printer. Enjoy fast, industrial-grade full colour for variable print jobs from the production line to the lab.

So, what could you achieve with a label printer that combines rapid output, stunning color accuracy, and the flexibility to handle diverse printing needs?

Discover the new BradyJet J7300!

Brady Corporation

To contain the growth of greenhouse gas emissions and make global gas market equilibrium resilient, it is critical to enhance investment in natural gas supply. (Image source: Adobe Stock)

A potential global gas supply shortfall along with the likelihood of failing to meet sustainability goals are highlighted in a new report from the International Gas Union, Snam and Rystad Energy, as energy demand continues to rise

The 2024 Global Gas Report (GGR) released at the ONS Conference, reveals that global gas markets are in fragile equilibrium, with supply growth limited while demand is expected to accelerate to 2.1% by the end of 2024.

Asia continues to be the key engine of the demand growth, while North America and the Middle East are in the lead on the exports.

Should gas demand continue to grow as in the last four years, without additional production development, a 22% global supply shortfall is expected by 2030 the report says, underscoring the urgent need to scale up investments.

Energy demand has continued to rise in developed and developing regions, while coal burning increased more than ever in 2023, remaining the biggest source of global energy emissions. If current energy demand and supply trends persist, 2030 targets outlined in policy driven decarbonisation scenarios will most likely be missed. Despite efforts to enhance efficiency and ongoing industrial decline, Europe has experienced energy demand growth. In North America, energy demand has surpassed 2019 levels and continues to climb, fuelled by the transport sector and AI data centres. Asia's demand is also surging, particularly in the industrial sectors of India and China. Meanwhile, Africa's energy demand is growing faster than in most regions, driven by urban development, though it still falls short of the levels required for full energy access.

Enhanced investment in natural gas needed

To contain the growth of greenhouse gas emissions and to make global gas market equilibrium resilient, it is critical to both enhance investment in natural gas supply and scale up biomethane, carbon capture and storage (CCS), and low-carbon hydrogen technologies, the report says. Natural gas today provides an immediate opportunity to cut emissions from coal by 50% and from oil by 30% through cost-effective switching. Biomethane is a direct substitution for natural gas. Today, its scale is significantly below potential at roughly 1% of the natural gas market, and it is primarily produced in North America and Europe. However, new centres of production are emerging in hubs like China and India. CO2 capture capacity, a crucial technology for a successful energy transition, is also gaining momentum, but needs to be scaled up, as for biomethane and low-carbon hydrogen. These technologies will play a critical role in decarbonising energy supply (especially in hard-to-abate sectors) and ensuring its resilience. Scaling them is essential, requiring urgent investment and enabling policies to start building the growing volumes of project proposals.

IGU president, Mme Li Yalan, commented, “Energy and gas demand continue to grow, driven by improving living standards in the developing world, new demand trends, and ongoing growth in developed regions. We must look for a realistic way to balance these trends with long-term sustainability goals, such as building a diversified energy system, and comprehensive approaches to tackle climate change. Embracing innovative solutions and flexible policies will be key to navigate this highly uncertain energy landscape.”

Snam CEO, Stefano Venier, said, “The energy transition represents a unique challenge for mankind. A journey that will not be linear, marked by great aspirations and many hurdles, from geopolitical tensions to technology disruptions and unforeseeable global economy developments. In this continuously evolving transformation, natural gas and related infrastructure represents a critical element of sustainable resiliency for the global energy system, while new green and low carbon molecules will play an essential role to achieve a just and technologically neutral transition.”

Rystad Energy CEO, Jarand Rystad, added, “Natural gas, now 30% of the fossil fuel mix, is cheaper and cleaner than oil and coal, with emissions significantly lower than both. As global LNG access expands, natural gas is on track to surpass coal by 2030 and oil by 2050.”

The agreement was signed during a special ceremony held in Kuwait City. (Image source: QatarEnergy)

QatarEnergy has signed a 15-year LNG Sale and Purchase Agreement (SPA) with Kuwait Petroleum Corporation (KPC) for the supply of up to 3 million tons per annum (MTPA) of LNG to the State of Kuwait

According to the SPA terms, the contracted LNG volumes will be delivered ex-ship to Kuwait's Al-Zour LNG Terminal onboard QatarEnergy’s conventional, Q-Flex, and Q-Max LNG vessels, starting in January 2025.

The agreement was signed during a special ceremony held in Kuwait City by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the president and CEO of QatarEnergy, and Shaikh Nawaf Saud Al-Nasir Al-Sabah, deputy chairman and CEO of KPC. The signing was witnessed by senior executives from KPC and QatarEnergy.

Al-Kaabi said, “I am pleased to be in Kuwait, a country that is dear to our hearts, and to build a new long-term partnership between KPC and QatarEnergy, that constitutes a central element in supporting Kuwait’s sustainability goals particularly in the electricity generation sector. It also reflects our commitment to support the future needs of all our clients, foremost of which is KPC.

“Our bilateral relations continue to grow and achieve the aspirations and interests of our peoples under the wise leadership of His Highness Sheikh Tamim bin Hamad Al Thani and His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, which underlines the deep brotherly ties and the long-term partnership between Kuwait and Qatar.”

This new agreement is the second long term LNG SPA with KPC, and is considered pivotal in further boosting bilateral trade between the State of Qatar and the State of Kuwait.

The new pump is designed to meet the demanding requirements of the oil and gas industry, among others. (Image source: Michael Smith Engineers)

Michael Smith Engineers Ltd has launched the TPM magnetic coupled peripheral pump, engineered by Dickow Pumpen

The TPM peripheral pump, also known as a turbine pump, is designed to meet the demanding requirements of industries including oil & gas, chemical, petrochemical, aviation, and renewable energy. It operates in a similar way to centrifugal and side-channel pumps, offering the best of both worlds. With its low Net Positive Suction Head (NPSH) requirements, the TPM pump is ideally suited for applications with limited suction head.

The TPM range can deliver flow rates of up to 17 m³/hr and a maximum differential head of 400 metres. With a design pressure of 40 bar and maximum operating temperature of 300°C, the TPM range is built to ensure reliable performance even under the most challenging conditions.

One notable feature of the pump is its ability to handle liquids with entrained gas, enabling continuous operation even during gas release or temporary air ingress. Additionally, its hermetically sealed design makes it ideally suited to handling toxic, explosive, or environmentally hazardous fluids, ensuring safety and compliance with stringent environmental standards.

David Todd of Michael Smith Engineers said, "‘We are delighted to be able to offer our customers this new pump technology from Dickow Pump, whom we have been in partnership with for almost three decades. We are confident this will be as successful as the rest of the Dickow pump range."

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