Samsung Engineering

LSB Industries, Inc. Reports Operating Results for the 2024 First Quarter

Retrieved on: 
måndag, april 29, 2024
Chemicals, Plastics, Environment, Manufacturing, Sustainability, Alternative Energy, Energy, Dorado, Total, INPEX, EPA, Investment, LSB, Safety, Front-end loading, Fertilizer, Carbon, CCS, Senior, Air Liquide, Mining, CO2, Samsung Engineering

LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2024.

Key Points: 
  • LSB Industries, Inc. (NYSE: LXU) (“LSB” or the “Company”) today announced results for the first quarter ended March 31, 2024.
  • “Our first quarter results were consistent with our expectations for a significant improvement relative to our fourth quarter of 2023," stated Mark Behrman, LSB Industries’ President and CEO.
  • "Selling prices remained lower relative to the prior year quarter as the spike in nitrogen prices experienced in 2022 kept prices elevated during the first quarter of 2023.
  • This was partially offset by a solid increase in sales volumes driven by strong demand for fertilizers, enhanced by our strategic commercial efforts.

Verdagy and Samsung Engineering Announce a Global Joint Development & Marketing Agreement

Retrieved on: 
torsdag, mars 7, 2024
Hydrogen, Engineering, Architecture, Samsung Engineering, Mining, Fertilizer, Samsung, MOSS, Steel, Cost, Partnership

MOSS LANDING, Calif., March 7, 2024 /PRNewswire/ -- Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development, announced today that it has entered into a joint development and marketing agreement with Samsung Engineering, a world leading engineering solutions and project management company. Verdagy and Samsung Engineering will collaborate on infrastructure-scale projects for the production of green hydrogen to jointly provide green hydrogen project developers with preeminent engineering and project management solutions.

Key Points: 
  • The Ideal Partnership of Technology, Expertise and Cost to Accelerate Green Hydrogen Adoption and Decarbonize Hard-to-Abate Industries
    MOSS LANDING, Calif., March 7, 2024 /PRNewswire/ -- Verdagy , a green hydrogen electrolysis company with over a decade of technology and product development, announced today that it has entered into a joint development and marketing agreement with Samsung Engineering, a world leading engineering solutions and project management company.
  • Verdagy and Samsung Engineering will collaborate on infrastructure-scale projects for the production of green hydrogen to jointly provide green hydrogen project developers with preeminent engineering and project management solutions.
  • "Verdagy is accelerating the adoption of green hydrogen by providing customers the most capital-efficient, reliable and scalable electrolyzer solutions.
  • "Samsung Engineering is excited about this agreement, since Verdagy has commercialized high efficiency, reliable, cost-competitive electrolyzers," said Wonsik Cho, Vice President of Samsung Engineering.

KBR Green Ammonia Technology Selected by Lotte Chemical Corporation for H2biscus Project in Malaysia

Retrieved on: 
måndag, januari 8, 2024
Samsung, Samsung Engineering, KBR, Ammonia, Lotte Chemical, KTA, KNOC, Renewable energy

HOUSTON, Jan. 8, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its K-GreeN® technology has been selected by a consortium consisting of Lotte Chemical, KNOC (Korea National Oil Corp) and Samsung Engineering for Lotte Chemical's H2biscus green ammonia project development in Sarawak, Malaysia.

Key Points: 
  • HOUSTON, Jan. 8, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its K-GreeN® technology has been selected by a consortium consisting of Lotte Chemical, KNOC (Korea National Oil Corp) and Samsung Engineering for Lotte Chemical's H2biscus green ammonia project development in Sarawak, Malaysia.
  • Under the terms of the contract, KBR will provide technology license and proprietary engineering design to Lotte Chemical for its green ammonia project that will produce 800 KTA of green ammonia from hydropower.
  • "We are pleased to work with Lotte Chemical and support their energy transition objectives with our zero-carbon K-GreeN® technology," said Doug Kelly, KBR President, Technology.
  • KBR is a world leader in ammonia technology and has been at the forefront of innovation in the ammonia market for decades.

Samsung Engineering & Svante Unite in MoU for Carbon Capture Advancements in Asia and the Middle East

Retrieved on: 
torsdag, oktober 5, 2023
Environment, Technology, Environmental Issues, Engineering, Environmental Health, Other Technology, Sustainability, Manufacturing, Green Technology, Hardware, Multimedia, EPC, Memorandum of understanding, CO2, Carbon, Steel, Samsung, CCUS, Samsung Engineering, DAC, Hydrogen, Natural gas, Renewable energy, Svante

The two companies will also explore design iterations of Svante’s post-combustion carbon capture plants.

Key Points: 
  • The two companies will also explore design iterations of Svante’s post-combustion carbon capture plants.
  • The MoU was signed during the ADIPEC 2023 conference in Abu Dhabi, UAE on October 4, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231004688582/en/
    Samsung Engineering and Svante Signing Ceremony at ADIPEC in Abu Dhabi on October 4th, 2023.
  • Svante has developed a unique, environmentally responsible carbon capture and removal technology, which employs what it calls “structured adsorbent beds”, known as “filters”.

Cloocus recognized as the winner of 2023 Microsoft Country Partner of the Year for the third consecutive year

Retrieved on: 
onsdag, juli 19, 2023
Cloud, Inspiration, Ernst & Young Entrepreneur of the Year Award, SK, Samsung C&T Corporation, Microsoft Power BI, Launcher, Synapse, Hyundai Motor Company, Samsung Engineering, Microsoft Launcher, Partner, Data, Machine learning, Corporation, Microsoft Partner Network, Growth, AI, ISV, Country, Databricks, Video game, Sales, Hanwha Group, Krafton, Microsoft

"We are honored and thrilled to be named the Microsoft Country Partner of the Year for the 3rd consecutive year.

Key Points: 
  • "We are honored and thrilled to be named the Microsoft Country Partner of the Year for the 3rd consecutive year.
  • "We are committed to empowering our client and maximizing their business values by leveraging the remarkable capabilities of Microsoft Cloud.
  • It has been honored as the Top Partner for Data & AI at the 2023 Microsoft Korea Partner Awards.
  • Additional details on the 2023 awards are available on the Microsoft Partner Network blog: http://aka.ms/POTYA2023_announcement .

ENGIE and POSCO Led Consortium to develop a 1.2mtp Green Ammonia Project in Oman

Retrieved on: 
torsdag, juni 22, 2023
Ambassador, Hydrogen, PTTEP, Port, Sultan of Oman's Armed Forces, Carbon, Wind, Samsung Engineering, EWP, COD, European, Special economic zone, Memorandum of understanding, Commercial, POSCO, BESS, Hydromancy, Renewable energy, ENGIE, Engie

The ENGIE and POSCO led-consortium has been named the winner of land block (Z1-02) offered by Hydrom, the orchestrator and master planner of Oman's green hydrogen industry.

Key Points: 
  • The ENGIE and POSCO led-consortium has been named the winner of land block (Z1-02) offered by Hydrom, the orchestrator and master planner of Oman's green hydrogen industry.
  • Spanning 340 sq km, the concession block is located in Duqm, with downstream elements to be established at the Port of Duqm.
  • France commends the remarkable leadership by the Sultanate of Oman to scale up renewables in its energy mix and develop a strong green hydrogen portfolio.
  • The consortium will carry out the feasibility and technical studies, in order to finalize the total capital expenditure requirement for the project.

ENGIE and POSCO Led Consortium to develop a 1.2mtp Green Ammonia Project in Oman

Retrieved on: 
torsdag, juni 22, 2023
Ambassador, Hydrogen, PTTEP, Port, Sultan of Oman's Armed Forces, Carbon, Wind, Samsung Engineering, EWP, COD, European, Special economic zone, Memorandum of understanding, Commercial, POSCO, BESS, Hydromancy, Renewable energy, ENGIE, Engie

The ENGIE and POSCO led-consortium has been named the winner of land block (Z1-02) offered by Hydrom, the orchestrator and master planner of Oman's green hydrogen industry.

Key Points: 
  • The ENGIE and POSCO led-consortium has been named the winner of land block (Z1-02) offered by Hydrom, the orchestrator and master planner of Oman's green hydrogen industry.
  • Spanning 340 sq km, the concession block is located in Duqm, with downstream elements to be established at the Port of Duqm.
  • France commends the remarkable leadership by the Sultanate of Oman to scale up renewables in its energy mix and develop a strong green hydrogen portfolio.
  • The consortium will carry out the feasibility and technical studies, in order to finalize the total capital expenditure requirement for the project.

Glenfarne Energy Transition to Collaborate with Samsung Engineering on Green Hydrogen and Ammonia Initiatives in Chile

Retrieved on: 
måndag, maj 1, 2023
Environment, Other Energy, Engineering, Utilities, Oil, Gas, Sustainability, Alternative Energy, Manufacturing, Green Technology, Energy, Hydrogen, Area studies, Energy transition, Samsung Engineering, Glenfarne, Ammonia, Coal

Glenfarne Energy Transition, LLC (“Glenfarne”), together with its affiliates, today announces the execution and launch of a collaboration agreement with Samsung Engineering (“Samsung Engineering”) to complete feasibility studies for multiple green hydrogen and ammonia projects in Chile as part of Glenfarne’s recently announced Hydrogen Fuels Initiative .

Key Points: 
  • Glenfarne Energy Transition, LLC (“Glenfarne”), together with its affiliates, today announces the execution and launch of a collaboration agreement with Samsung Engineering (“Samsung Engineering”) to complete feasibility studies for multiple green hydrogen and ammonia projects in Chile as part of Glenfarne’s recently announced Hydrogen Fuels Initiative .
  • Hydrogen-based fuels use hydrogen as the primary source of energy and generate little to no greenhouse gas emissions.
  • “Glenfarne Energy Transition is thrilled to be strategically collaborating with Samsung Engineering on hydrogen fuels projects that will be vital to advancing the energy transition in Chile, Asia, and Europe,” said Brendan Duval, CEO and Founder of Glenfarne Energy Transition, LLC.
  • Green Pegasus will primarily focus on export to Asia, particularly South Korea, and Europe, where Glenfarne maintains several business and commercial partners.

Technip Energies Awarded an Early Work Contract by ADNOC for Onshore Facilities for the Hail & Ghasha Gas Project in the UAE

Retrieved on: 
tisdag, januari 17, 2023
Energy, Other Energy, Utilities, Oil, Gas, PCSA, Samsung Engineering, Samsung, Hail, Onshore, Carbon, ADNOC, Engineering, TST, FEED, Front-end loading

Technip Energies (PARIS: TE) – as leader of a joint venture composed of Samsung Engineering and Tecnimont S.p.A. (TST JV) – has been awarded a Pre-Construction Services Agreement (PCSA) related to the Onshore facilities for the Hail & Ghasha Gas Development Project in Abu Dhabi, UAE.

Key Points: 
  • Technip Energies (PARIS: TE) – as leader of a joint venture composed of Samsung Engineering and Tecnimont S.p.A. (TST JV) – has been awarded a Pre-Construction Services Agreement (PCSA) related to the Onshore facilities for the Hail & Ghasha Gas Development Project in Abu Dhabi, UAE.
  • The PCSA phase follows the successful completion of an updated Front-End Engineering and Design (FEED) for the entire development, executed by Technip Energies.
  • This next phase covers early Project activities for onshore facilities, such as Initial Detailed Engineering and Procurement services of critical Long Lead items.
  • This reinforces Technip Energies long-standing relationship and trust developed over the last four decades with ADNOC, supported by our long-term presence in Abu Dhabi.

Chevron Invests in Carbon Capture and Removal Technology Company, Svante

Retrieved on: 
torsdag, december 15, 2022
Philanthropy, Oil, Gas, Environmental Health, Alternative Vehicles, Fuels, Energy, General Automotive, Technology, Automotive, Environment, Fund Raising, Green Technology, Other Technology, Annual report, Marketing, Organization, Liberty Media, Nitrogen, Lubricant, Tax, CO2, Carbon dioxide, CVX, COVID-19, Accident, Weather, Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc., Founders Circle Capital, Natural gas, Investment, Paper, Petroleum, Legislation, Multimedia, CNE, Aluminium, Pandemic, Coronavirus, Primary energy, Carbon, News, Chevron Corporation, 3M, Epidemic, Steel, National Energy Technology Laboratory, NYSE, Failure, Bed, Temasek, Government, Curtailment (electricity), U.S. Department of Defense Strategy for Operating in Cyberspace, U.S. Department of Energy, Office of Inspector General, Samsung Engineering, RBC Capital Markets, Hydrogen, Renewable energy, Energy, Svante

Since its founding in 2007, Svante has developed carbon capture and removal technology using structured adsorbent beds, known as filters.

Key Points: 
  • Since its founding in 2007, Svante has developed carbon capture and removal technology using structured adsorbent beds, known as filters.
  • The size and cost of installing carbon capture technology has been a barrier to industry adoption.
  • In 2020, Chevron launched a project to pilot Svante technology to capture CO2 from post combustion of natural gas.
  • With the ability to capture CO2 from industrial sources and directly from the atmosphere in an environmentally sustainable way, Svante makes industrial-scale carbon capture and carbon removal a reality.