LNG

Technica Optical Components releases new family of FBG based Cryogenic Temperature Sensors

Retrieved on: 
Monday, December 5, 2022

ATLANTA, Dec. 5, 2022 /PRNewswire-PRWeb/ -- Technica Optical Components is pleased to announce its new family of Fiber Bragg Gratings based Temperature Sensors for operation in Cryogenic environments down to -270 Degrees Celsius. The sensors' advanced unibody micro-structured design for temperature measurements in ultra- low temperature environments uses a precision Technica made FBGs written into the fibers' core and advanced cryogenic rated materials technology for producing a transducer configuration of high resolution, precision, and repeatability.

Key Points: 
  • ATLANTA, Dec. 5, 2022 /PRNewswire-PRWeb/ -- Technica Optical Components is pleased to announce its new family of Fiber Bragg Gratings based Temperature Sensors for operation in Cryogenic environments down to -270 Degrees Celsius.
  • The cryogenic temperature sensors' handling and installation is fast, easy and intuitive.
  • TECHNICA OPTICAL COMPONENTS is a leading developer, manufacturer, and global provider of premium quality Fiber Bragg Gratings, FBG Arrays, FBG Sensors, and the Optical Sensing Instruments needed for monitoring them.
  • TECHNICASA is a registered trademark of TECHNICA OPTICAL COMPONENTS.

Francisco Oliva Named Business Development Manager, South America for Nikkiso Clean Energy and Industrial Gases Group

Retrieved on: 
Thursday, December 1, 2022

TEMECULA, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Nikkiso Cryogenic Industries Clean Energy & Industrial Gases Group (Group), a part of the Nikkiso Co., Ltd (Japan) group of companies, is pleased to announce that Francisco Oliva has been named Business Development Manager for South America.

Key Points: 
  • TEMECULA, Calif., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Nikkiso Cryogenic Industries Clean Energy & Industrial Gases Group (Group), a part of the Nikkiso Co., Ltd (Japan) group of companies, is pleased to announce that Francisco Oliva has been named Business Development Manager for South America.
  • Francisco has both a Mechanical Engineering and MBA degree and brings over 30 years experience in the Industrial Gas industry working with Air Products (previously Indura) in South America.
  • He has been instrumental in implementation and optimization of business development, processes, and project management for national and multinational companies in the areas of acquisitions, business development and procurement in South America.
  • ), and process plants for Industrial Gases, Natural gas Liquefaction (LNG), Hydrogen Liquefaction (LH2) and Organic Rankine Cycle for Waste Heat Recovery.

Rotoflow, an Air Products Business, Opens its Fourth Global Hub - a Turbomachinery Solutions Center in Shanghai

Retrieved on: 
Wednesday, November 30, 2022

The Shanghai facility will repair and service rotating machinery to serve the Asia market utilizing a local supply chain.

Key Points: 
  • The Shanghai facility will repair and service rotating machinery to serve the Asia market utilizing a local supply chain.
  • The Center also will provide assembly and part cleaning as well as optimize and troubleshoot equipment.
  • Shanghai will be Rotoflow's fourth global hub, complementing existing hubs in Bethlehem, Pennsylvania; Houston, Texas and Dhahran, Kingdom of Saudi Arabia.
  • The Turbomachinery Solutions Center will service and repair all brands of expanders not just Rotoflow equipment.

GasLog Ltd. Declares Dividend on Series A Preference Shares

Retrieved on: 
Wednesday, November 30, 2022

Bermuda, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Hamilton, Bermuda, November 30, 2022 GasLog Ltd. (GasLog or Company) (NYSE: GLOG.PRA) today announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares, payable on January 3, 2023 for all shareholders of record as of December 30, 2022.

Key Points: 
  • Bermuda, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Hamilton, Bermuda, November 30, 2022 GasLog Ltd. (GasLog or Company) (NYSE: GLOG.PRA) today announced a dividend of $0.546875 per share on its 8.75% Series A Cumulative Redeemable Perpetual Preference Shares, payable on January 3, 2023 for all shareholders of record as of December 30, 2022.
  • GasLog is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics chain.
  • GasLogs consolidated fleet consists of 38 LNG carriers (34 on the water plus four under construction).
  • Of these vessels, 15 are owned by GasLog, five have been sold and leased back by GasLog under long-term bareboat charters and of the remaining 14 LNG carriers, 12 are owned by the Companys subsidiary, GasLog Partners LP, and two have been sold and leased back by GasLog Partners LP.

Aspen Aerogels, Inc. Announces $100 Million Secured Loan Agreement with General Motors

Retrieved on: 
Tuesday, November 29, 2022

NORTHBOROUGH, Mass., Nov. 29, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that its wholly-owned subsidiary, Aspen Aerogels Georgia LLC, together with the Company and Aspen Aerogels Rhode Island, LLC have entered into a definitive loan agreement with General Motors Holdings LLC ("GM"), an affiliate of General Motors (NYSE: GM), for a secured lending commitment of $100 million in connection with Aspen's construction and equipping of its second aerogel manufacturing facility in Statesboro, Georgia. The $100 million of loan proceeds (the "Loan") will be available to Aspen to draw on a periodic basis from January 2023 through September 2023, subject to certain conditions precedent to funding and other financing requirements. The Loan has a maturity date of March 31, 2025 and carries no prepayment penalty.

Key Points: 
  • The $100 million of loan proceeds (the "Loan") will be available to Aspen to draw on a periodic basis from January 2023 through September 2023, subject to certain conditions precedent to funding and other financing requirements.
  • The Loan has a maturity date of March 31, 2025 and carries no prepayment penalty.
  • "Aspen is pleased to add this additional financial dimension to our strong technical and commercial relationship with GM, a relationship we deeply value," noted Donald R. Young, Aspen's President and CEO.
  • Earlier this year, GM named Aspen an Overdrive Award winner as part of GM's 30th Annual Supplier of the Year awards.

Caliche Development Partners II Announces its First Acquisitions Following $268 Million Capital Commitment from Orion Infrastructure Capital and GCM Grosvenor

Retrieved on: 
Tuesday, November 29, 2022

HOUSTON , Nov. 29, 2022 /PRNewswire/ -- Caliche Development Partners II (Caliche or Caliche II), Orion Infrastructure Capital (OIC), and GCM Grosvenor (Nasdaq: GCMG) today announced their partnership targeting underground storage and sequestration assets in North America.  The capital commitments represent OIC's second investment with the Caliche management team, and Caliche's first with OIC's frequent investment partner GCM Grosvenor, which invested client capital.  Both firms bring extensive experience in infrastructure investing to Caliche's next iteration, which will target underground assets supporting North America's transition to lower-carbon forms of energy.

Key Points: 
  • HOUSTON, Nov. 29, 2022 /PRNewswire/ -- Caliche Development Partners II (Caliche or Caliche II), Orion Infrastructure Capital (OIC), and GCM Grosvenor (Nasdaq: GCMG) today announced their partnership targeting underground storage and sequestration assets in North America.
  • The capital commitments represent OIC's second investment with the Caliche management team, and Caliche's first with OIC's frequent investment partner GCM Grosvenor, which invested client capital.
  • Caliche expects, with support from OIC and GCM Grosvenor, to explore and assess additional growth related to these assets and in these regions.
  • GCM Grosvenor's experienced team of approximately 530 professionals serves a global client base of institutional and high net worth investors.

Nuclear Energy Attorney Colleen Grygier Joins Hunton Andrews Kurth in Washington, D.C.

Retrieved on: 
Tuesday, November 29, 2022

Most recently, she served as associate general counsel with TerraPower, LLC, an advanced nuclear reactor design and development engineering company.

Key Points: 
  • Most recently, she served as associate general counsel with TerraPower, LLC, an advanced nuclear reactor design and development engineering company.
  • Prior to joining TerraPower, Grygier was senior counsel with nuclear power company Westinghouse Electric Company LLC.
  • Advised a nuclear power company in connection with the construction contracts for four new nuclear power plants, valued at $3 billion.
  • Grygier is the most recent of several key additions to Hunton Andrews Kurths growing roster of energy industry attorneys.

ConocoPhillips and QatarEnergy Agree to Provide Reliable LNG Supply to Germany

Retrieved on: 
Tuesday, November 29, 2022

ConocoPhillips (NYSE: COP) and QatarEnergy today announced the signing of two agreements to supply long-term liquefied natural gas (LNG) to Germany.

Key Points: 
  • ConocoPhillips (NYSE: COP) and QatarEnergy today announced the signing of two agreements to supply long-term liquefied natural gas (LNG) to Germany.
  • QatarEnergy and ConocoPhillips are excited for the opportunity to responsibly and securely supply world markets with LNG from the Qatari expansion projects, said Ryan Lance.
  • These agreements will provide an attractive LNG offtake solution for our new joint ventures with QatarEnergy and position the joint ventures as reliable sources of LNG supply into Europe.
  • This is the culmination of efforts between two trusted partners, QatarEnergy and ConocoPhillips, over many years, to provide reliable and credible LNG supply solutions to customers across the globe, and today, to German end-consumers, said His Excellency Minister Al-Kaabi.

Tokyo Gas, Osaka Gas, Toho Gas and Mitsubishi Collaborate to Produce e-methane in the US and Transport It to Japan, Utilizing Cameron LNG in Louisiana

Retrieved on: 
Tuesday, November 29, 2022

The targeted e-methane production volume is 130,000 tons per year1 to start in 2030.

Key Points: 
  • The targeted e-methane production volume is 130,000 tons per year1 to start in 2030.
  • This decision was made in light of accessibility to the infrastructure for feedstock procurement and high possibility of achieving early establishment of the supply chain.
  • The four companies will continue to conduct feasibility studies on other promising locations to expand its e-methane procurement capabilities for enhanced energy security of Japan.
  • (1) 130,000 tons is equivalent to 1% of the total annual city gas demand of TG, OG, and THG combined.

Technip Energies Awarded a Contract for Sustainable Aviation Fuels Production at TotalEnergies Grandpuits Zero-Crude Platform in France

Retrieved on: 
Tuesday, November 29, 2022

Technip Energies (PARIS:TE) has been awarded a contract by TotalEnergies for the production of Sustainable Aviation Fuels (SAF) at Grandpuits platform in France.

Key Points: 
  • Technip Energies (PARIS:TE) has been awarded a contract by TotalEnergies for the production of Sustainable Aviation Fuels (SAF) at Grandpuits platform in France.
  • These forward-looking statements are based on Technip Energies current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on Technip Energies.
  • While Technip Energies believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.
  • All of Technip Energies forward-looking statements involve risks and uncertainties (some of which are significant or beyond Technip Energies control) and assumptions that could cause actual results to differ materially from Technip Energies historical experience and Technip Energies present expectations or projections.