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DataStream
PAPUA NEW GUINEA
NEW SECTORS CARBON CAPTURE ENERGY STORAGE, HYDROGEN
US
US
Elk-Antelope LNG Liquefaction Project
Ballymore Offshore Oil Discovery
Louisiana Green Fuels Project
Operator: Total Value: US$9bn Total has agreed with the PNG government to proceed with the project development. Total is aiming to enter the FEED stage in 2022 and the final investment decision for the project is targeted to be achieved in 2023.
Operator: Chevron Value: US$500m Worley will provide engineering and design services for the integration and subsea tie-back of the Ballymore oil and gas field. Worley is supporting both the subsea and topsides designs and will also provide procurement services.
Operator: Strategic Biofuels LLC Value: US$600m The proposed plant would use established refinery processes to produce up to 32m gallons per year of renewable fuel from feedstock of wood waste made up of timber. The project is in the feasibility phase.
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POLAND
UK
SAUDI ARABIA
Offshore Wind Farm EW Baltica-2
CRYOBattery Plant Trafford
Green Hydrogen Production Facility
Operator: PGE Value: US$5.5bn Ørsted announced that the Baltica-2 and Baltica-3 projects have been awarded a Contract for Difference by the Polish Energy Regulatory Office for a total capacity of 2.5GW. PGE and Ørsted have closed the JV agreement which will see both companies own a 50% share of the projects.
Operator: Highview Power Value: US$50m Highview Power has selected MAN Energy Solutions to provide its LAES turbomachinery solution to Highview Power for its CRYOBattery facility. The plant will be based at Trafford, Greater Manchester in the North of England.
Operator: NEOM Value: US$5bn The NEOM hydrogen project is due to start producing green ammonia in Q1 2025. The project is currently in initial stage and nearing financial close. The project will have a production capacity of 1.2mtpa of green ammonia.
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