SUSTAINABILITY, STRATEGY AND BEST PRACTICES
Technip Energies | September 17, 2022
Technip Energies (Paris:TE) (ISIN:NL0014559478), leader of a consortium with Monford Group, has been awarded an Engineering, Procurement, Construction and Commissioning (EPCC) contract by Yuri Operations Pty Ltd, to develop Project Yuri Phase 0 project which is a green hydrogen plant in the Pilbara region of Western Australia.
Project Yuri which is being developed in partnership with Yara Clean Ammonia and ENGIE includes a 10MW electrolysis plant and an 18 MW solar photovoltaic (PV) farm with its 8 MW Battery Energy System (BESS) providing the necessary energy for the electrolysis. It will produce up to 640 tonnes of green hydrogen per annum for use in the existing Yara Pilbara Ammonia Plant to produce green ammonia.
Technip Energies is responsible for the overall project management and the electrolysis plant engineering, procurement, commissioning and start up. Monford Group is responsible for the overall project construction and the PV farm engineering, procurement, commissioning and start up.
The Project has received grant funding from the Federal Government via ARENA, as part the Advancing Renewables Program and from Western Australia State Government as a part of Western Australian Renewable Hydrogen Fund.
Mitsui & Co. Ltd. (“Mitsui”) has agreed to acquire a 28 per cent stake in Yuri Operations Pty Ltd subject to the satisfaction of certain conditions under its investment agreement.
“We are very proud to be entrusted by ENGIE and Yara to deliver this flagship project. Yuri project is an important milestone paving the way for an accelerated deployment of green hydrogen capacity to decarbonise the industry. Technip Energies is engaged in playing a leading role in this journey and this award reinforces our position as a key enabler for integrated carbon-free hydrogen solutions. With our partner, Monford Group, we offer a very robust and competitive combination and are committed to make this project a reference for the industry.”
-Laure Mandrou, SVP Carbon-Free Solutions of Technip Energies
Ciaran Shannon, Chief Commercial Officer of Monford Group, commented: Monford Group is proud to deliver the first renewable hydrogen plant in Western Australia alongside Technip Energies unlocking the Pilbara’s renewable energy potential and leading the path to a zero-carbon future. We are privileged to be part of this cornerstone project which will set a benchmark for Australia’s Green Hydrogen ambition delivery program. Monford Group is focused on decarbonisation and this project embodies the drive and ambition of the Monford team to provide an integrated solution to renewable project delivery.
The project has been named as YURI, and the project plan has a multi-phase (Phase 0-I-II-III) roadmap (YURI Roadmap) which aims to establish a new industry value chain, harvesting the abundant renewable power in Western Australia, to make renewable hydrogen and ammonia as feedstock for renewable chemical production, as well as renewable fuel for power generation and shipping, serving local and export markets (Asia and beyond).
About Technip Energies
Technip Energies is a leading Engineering & Technology company for the energy transition, with leadership positions in Liquefied Natural Gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model supported by extensive technology, products and services offering. Operating in 34 countries, our 15,000 people are fully committed to bringing our client’s innovative projects to life, breaking boundaries to accelerate the energy transition for a better tomorrow. Technip Energies is listed on Euronext Paris with American depositary receipts (“ADRs”) trading over-the-counter in the United States.For further information: www.technipenergies.com.
About Monford Group
Monford is a leader in the construction industry, with an Australia-wide portfolio of projects in the Infrastructure, Resources and Energy sectors. Headquartered in WA and with more than a decade of experience in the industry, Monford consistently delivers projects on time, within budget, safely and sustainably whilst maintaining a commitment to excellence in delivery and a customer-centric focus.Built “from the ground up” and led by hands-on management, Monford’s success stems from its experience, integrity and flair for innovation, always with an emphasis on safety and quality.
SUSTAINABILITY, STRATEGY AND BEST PRACTICES
Halliburton Company | October 31, 2022
Halliburton Company (NYSE: HAL) announced new products that highlight innovative technologies and sustainable solutions as part of its presence at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). In addition, Halliburton Chairman, President, and CEO Jeff Miller will participate Tuesday, Nov. 1 at 1:45 p.m. on the strategic panel, “Reconciling upstream oil and gas investment and the energy transition to meet global energy demand growth. Miller will discuss how the industry addresses its commitment to decarbonization and the energy transition while ensuring the worldwide economy has the fuel it needs to continue to grow.
Collectively, the new technologies promote more precise and efficient drilling performance, remote automation for enhanced safety, and a reduced carbon footprint for cementing activities.
The BrightStar® look-ahead resistivity service, the most recent addition to the Halliburton iStar™ drilling and logging platform, reveals the path ahead of the bit to deliver superior drilling performance and consistent well delivery. In one compact collar design, the BrightStar service maps formation and fluid boundaries up to 100 feet (30 meters) ahead of the bit, detecting formation changes with near-bit resistivity and anisotropy to increase geo-stopping confidence and accelerate proactive drilling decisions.
The FloConnect® surface automation platform is a fully automated and scalable solution for efficient and safe surface well testing operations. An industry first, FloConnect controls, measures, and analyzes surface well testing through automated workflows. It allows data access in real time, process monitoring, and control from a command center or remote location. FloConnect reduces operational variabilities and optimizes workforce deployment, which improves personnel safety and lowers exposure to hazardous and complex operations by taking personnel out of the red zone.
The NeoCem™ E+ and EnviraCem™ systems leverage synergies between the chemical and physical properties of specialized materials combined with Portland cement. Halliburton’s innovative tailoring process engineered these reduced Portland systems to deliver high-performance, compressive strength and ductility at a lower density than conventional systems for improved barrier dependability. The Portland cement reduction helps customers lower their carbon emissions and provides engineered cement systems with enhanced cement sheath performance.
Join Halliburton Oct. 31 – Nov. 1 in Hall 5, booth #5250 to learn more about the Company’s innovative technologies and sustainable solutions.
Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on Facebook, Twitter, LinkedIn, Instagram and YouTube.
Itron and SmartThings | September 27, 2022
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, and SmartThings, Inc. are working together to provide an integrated energy experience by connecting Itron’s industrial IoT (IIoT) network solution and SmartThings’ services and solution. The companies plan to combine their industry leading IoT platforms to allow utilities to unlock the user experience and rapidly enhance value to both the consumer and the utility through improved distributed energy management, accelerated carbon reduction and enhanced consumer engagement.The collaboration will combine Itron’s proven distributed intelligence (DI) ecosystem, which features millions of connected endpoints, with SmartThings Energy service1 to provide real-time energy readings and consumption patterns to improve energy management and conservation. The combined solution, which will support multiple connectivity options, will bring together participating consumers’ real-time consumption data from their meter, behind the meter assets and appliances all within the SmartThings Energy, giving the consumer a complete picture of their energy consumption.
Consumers that opt into their utility’s program will gain greater visibility into their energy use and reduce their usage while enabling utilities to improve overall grid management and visibility as well as advance carbon reduction goals. For example, utilities will be able to enhance their demand response (DR) programs with AI Energy Saving mode combined with high-fidelity real-time data from Itron’s IIoT solution to initiate DR events for participating consumers, reducing the energy load of their appliances.
Benefits of the collaboration include:
Enhancing value to consumers – A complete view of consumers' energy consumption can be obtained through the application, which displays both the whole house real-time consumption information provided by Itron as well as the preexisting app features that show real-time data use of smart appliances.
Enhancing value to utility – Utilities will be able to engage the rapidly growing base of SmartThings app users to enroll in energy efficiency, demand response and EV charging programs. A total of 230 million people have downloaded the SmartThings app, and Samsung expects to grow to 500 million users within five years. This combined with Itron’s millions of connect DI devices will allow utilities to enhance their distributed energy management programs.
Enhancing the enrollment experience – SmartThings’ enhanced enrollment experience can be applied into utility programs for energy efficiency, demand response, and EV charging – directly from the SmartThings application. Using this comprehensive view of energy consumption over time, utilities may identify likely customers to enroll EV and solar customers into the application.
Enhancing innovation with improved high-fidelity data – Itron, its utility partners, and SmartThings can leverage the cloud-to-cloud integration to provide consumers with an easy, secure way to authorize data access to DI application data, whole building consumption data and more. Consumers can also securely share data from their millions of connected devices with the utility or authorized third parties to enable seamless collaboration.
More details and information about Itron and Samsung SmartThings’ collaboration will be available soon.
“We are excited to join forces with Samsung SmartThings to drive the future of IoT, combining Itron’s unequaled track record of success in delivering utility outcomes with SmartThings’ expertise in consumer engagement, Combining two industry leading platforms is a game changer for energy management. This collaboration will significantly accelerate consumers’ understanding of their energy use, combining information from smart energy devices such as Samsung appliances, electric vehicles, solar panels, heat pumps, thermostats and more. Our goal is to enable consumers to optimize their use of green, renewable energy and reduce their carbon footprint.”
-Don Reeves, senior vice president of Outcomes at Itron.
With this collaboration, we are enabling consumers to make smarter decisions about their energy use. Integrating Itron’s IIoT solution with the SmartThings Energy application will not only make it easier for utilities to inform their customers on their energy consumption, it will also make it easier for consumers to take advantage of energy savings opportunities in their smart appliances,” said Chanwoo Park, EVP & Head of IoT Biz Group, Samsung Electronics. “We are thrilled to collaborate with Itron as this not only conserves energy but also aligns with our customers’ goals of achieving net-zero carbon households.
Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.Itron® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
SmartThings is the premier technology enabling connected living and driving the future of IoT. Its open platform already supports thousands of devices across hundreds of brands and offers endless possibilities to innovators and developers seeking seamless connectivity in a vast IoT ecosystem. The company is committed to bringing simple, smart functionality to provide unifying experiences that inspire people to make a difference in their everyday lives. There are currently millions of people in more than 200 countries accessing SmartThings technology daily to create automations and control facets of their smart homes via the SmartThings App and through a range of Samsung products such as phones, TVs, and digital appliances. SmartThings offers the most flexible amount of protocols, including the new IoT standard, Matter. Launched in 2012, SmartThings is headquartered in Mountain View, CA and is a founding board member of Connectivity Standards Alliance, an organization of hundreds of companies creating, maintaining, and delivering open, global standards for the IoT. For more information, please visit www.smartthings.com.