Shell has entered into a Sale and Purchase Agreement (SPA) with TotalEnergies for the divestment of its European onshore renewables portfolio, marking another step in the company's portfolio optimisation strategy within the power sector. The transaction includes a portfolio of operational and development-stage renewable energy assets located across Italy, the Netherlands, Spain, and the United Kingdom. According to Shell, the portfolio comprises approximately 0.5 GW of combined renewable generation capacity in operation and under development, along with a pipeline of future renewable energy projects. The sale forms part of Shell's ongoing approach to actively managing its power portfolio by reallocating capital toward areas that align with…

McDermott Energy Solutions (UK) Limited, a subsidiary of McDermott and majority shareholder in the SMDC joint venture, has received a letter of intent from ExxonMobil Moçambique Limitada, acting on behalf of the Area 4 partners, to provide limited engineering and procurement services for the continuation of the Rovuma LNG Phase 1 midstream development in Mozambique. The SMDC joint venture comprises McDermott, Saipem S.p.A., Daewoo Engineering & Construction Co. Ltd., and China Petroleum Engineering & Construction Corporation (CPECC). The award represents another important milestone for the consortium as the Area 4 partners continue advancing the project toward a final investment decision (FID), which is expected in 2026. The initia…

Coastal Bend LNG has launched the formal permitting process for its proposed liquefied natural gas (LNG) export terminal on the Texas Gulf Coast, marking a significant step toward the development of a new large-scale export and storage facility. The company has submitted a request to the US Federal Energy Regulatory Commission (FERC) to begin the pre-filing review process and expects to submit its formal application under Section 3 of the Natural Gas Act in early 2027. The proposed Coastal Bend LNG terminal will feature four liquefaction trains, each with a production capacity of 4.8 million tonnes per annum (MTPA), delivering a combined nameplate capacity of 19.2 MTPA. The development will also include LNG storage tanks, marine loading fa…

Blackmer, a brand of PSG, a Dover company, and a global leader in rotating pumps and reciprocating compressor technologies, today announced the launch of a behind-the-rotor seal option for its Blackmer® G Series Internal Gear Pumps. This seal design delivers improved protection and performance when handling abrasive materials across a wide range of applications. Engineered for serviceability and longevity, the behind-the-rotor seal option is designed to prevent process fluids and abrasive materials from contacting drive components of the G Series. This results in reduced wear, simplified maintenance and increased uptime for operators. “The introduction of the behind-the-rotor seal underscores our ongoing commitment to providing reliable pu…

Valkim Technologies has been selected as one of only ten startups from across the United States to participate in the 2026 Work to Zero Safety Innovation Challenge at the National Safety Council (NSC) Safety Congress & Expo. The selection marks a significant milestone for the company and highlights its growing role in advancing innovative technologies that improve workplace safety. The Work to Zero Safety Innovation Challenge recognises emerging companies developing solutions that have the potential to eliminate workplace fatalities and serious injuries. Valkim Technologies' inclusion in this exclusive group reflects the company's commitment to transforming industrial safety through cutting-edge robotic inspection technology. Focused o…