Monday, July 13, 2020

Asia Pacific News

Construction Starts for Asia's Largest Offshore Wind Blade Manufacturing Facility

Image Credit: MHI Vestas

Taiwanese company Tien Li Offshore Wind Technology has started construction on 210,000 square meter facility in Taichung Harbour to supply offshore wind blades to Taiwan's growing offshore wind industry.Tien Li is one of key local supply chain partners of wind turbine builder MHI Vestas, which this week shared the news on the start of construction of Tian Li's black manufacturing facility.Both production and storage facilities are being developed for the mass manufacture of blades to be installed at offshore projects in Taiwan and eventually…

Gastech Postponed for 2021

Image by Zerbor/AdobeStock

Gastech, one of the world's largest gas, LNG and energy industries events has been postponed for 2021 due to the COVID-19 pandemic.The event was expected to take place in Singapore in September this year, however, the organizers have now decided to delay the event to September 13 to 16, 2021.Organizers dmg events said the decision had been based on concerns around the global pandemic, accessibility and for the wellbeing of speakers, delegates, exhibitors and visitors. Nick Ornstien, Vice President Energy for dmg events…

Fugro IOVTEC Wins Survey Work at Hai Long Wind Farm Sites

Fugro Voyager - Credit: Fugro

Fugro IOVTEC, a JV between Dutch Fugro and Taiwan's IOVTEC, has secured an offshore geotechnical site investigation project in Taiwan for the Hai Long 2 and Hai Long 3 offshore wind farms. The Hai Long offshore wind farms are being co-developed by Northland Power Inc, Yushan Energy, and Mitsui & Co. Under the newly awarded contract, Fugro IOVTEC will acquire Geo-data at 32 wind turbine locations and the site investigation will be carried out in two phases: seabed and downhole. The seabed phase will be performed using Fugro’s SEACALF continuous drive system.

LOC to Provide MWS Services for Ørsted Taiwan Offshore Wind Farms

Imag Credit: Halberg AdobeStock

Danish offshore wind developer Ørsted has contracted LOC for the provision of Marine Warranty Survey services (MWS) for the Greater Changhua 1 & 2a offshore wind farms in Taiwan.Under the agreement, LOC will provide MWS services for the transportation & installation of the export and array cables. The cables, including 95 inter-array cables and 16 platform connector cables, will be fabricated in South Korea and transported to Taiwan.The Greater Changhua 1 & 2a offshore wind farms will be located 35-60 kilometers off the coast of Changhua County…

MHI Vestas Sourcing Blade Components from Local Taiwan Suppliers

Offshore wind turbine specialist MHI Vestas which has recently awarded contracts to supply wind turbines for offshore wind projects in Taiwan, has signed a deal with Swancor to source wind turbine blade materials locally in Taiwan."In another step forward for MHI Vestas’ industry-leading localization plans in Taiwan, the company has confirmed a purchase agreement with Swancor to source several key blade manufacturing components locally. This contract strengthens Swancor’s presence in the offshore wind sector…

Orsted Hopes COVID-19 Will Not Slow Japan's Offshore Wind Projects

Illustration; Orsted's offshore wind farm - Image by Orsted

Orsted, the world's largest offshore wind farm developer, is concerned the coronavirus may delay auctions for offshore projects as it prepares to enter the market, the head of its Asia-Pacific unit said. "The pandemic will not influence investment decisions and general confidence in offshore wind, but it could delay the projects' timeline," Matthias Bausenwein, president of Orsted Asia-Pacific, told Reuters in a telephone interview. "We hope that we won't see any major delays," he said.

MHI Vestas Eyes Further Asia Pacific Growth. Appoints Regional Manager

Masato Yamada - Image Credit: MHI Vestas

Offshore wind turbine specialist MHI Vestas has appointed Masato Yamada as Regional Manager Asia Pacific to facilitate broader growth across the region.The company, a joint venture between Denmark's Vestas and Japan's Mitsubishi Heavy Industries, said Wednesday Yamada would oversee the company’s growth across the Asia Pacific region. He was formerly the company’s Chief Strategy Officer based in Aarhus, Denmark, and will now be based in MHI Vestas’ Tokyo office."Mr. Yamada has been with…

Vestas Scores More Offshore Wind Farm Work in Vietnam

Illustration only: Image by Eugene Suslo - AdobeStock

Danish wind turbine maker Vestas has won an order to deliver V150-4.2 MW wind turbines to be installed in Vietnam's Mekong Delta and has also secured a 20-year service contract - the longest such contract in Vietnam for a wind turbine manufacturer."Maintaining its successful momentum with 200 MW order intake in Vietnam last year, Vestas has now secured its fourth intertidal project in the country with a 29 MW order with Sigma Engineering Joint Stock Company," Vestas said Friday.The Ben Tre V1-3 wind project will be located in Ba Tri District of Ben Tre Province in the Mekong Delta region of Vietnam.

Chevron Lummus Global Lands 'Sizeable' Deal with Asian Refiner

Illustration; Refinery - Image by photollurg - AdobeStock

Oilfield services firm McDermott International has informed that its Chevron Lummus Global (CLG), McDermott's joint venture with Chevron, has been awarded a sizeable contract by a Southeast Asian refiner.The contract is for for the license, engineering, and supply of proprietary catalyst and equipment for its Lubricant Base Oil Group II Project to be built in Southeast Asia. McDermott defines a sizeable contract as between USD $1 million and USD $50 million.The new 5,200-barrels-per-day unit will employ CLG's state-of-the-art lubricant base oil technologies for premium lube base oil production.

Ørsted, TEPCO in Offshore Wind JV

Credi: Orsted

Japan's largest power company TEPCO, and Danish offshore wind farm developer Ørsted, have set up a joint venture company.The JV company, named Choshi Offshore Wind Farm K.K., has been formed with the intention of working towards a joint bid in the Choshi-city offshore wind promotion area. The two companies have since January 2019 been working together to establish a framework and organizational structure for joint development of the Choshi Offshore Wind Project.TEPCO and Ørsted, having formalized their collaboration to develop the Choshi Offshore Wind Project…

Hempel Taps Lindström as COO

Katarina Lindström (Photo: Hempel)

Katarina Lindström will join Hempel as Executive Vice President & Chief Operating Officer from August 1, 2020 as the coatings manufacturer aims to double in size.As Executive Vice President & Chief Operating Officer (COO), Katarina Lindström will be a member of Hempel’s Executive Management Board.As part of its long-term growth strategy, Hempel is making significant investments in innovation and sustainability, while strengthening its supply chain and manufacturing footprint, particularly in Asia-Pacific.

Financial Close for Taiwanese OWF

Image: Copenhagen Infrastructure Partners

Denmark-based fund management company Copenhagen Infrastructure Partners (CIP) has reached financial close on the 589MW offshore wind project (OWF), Changfang and Xidao project off the coast of Changhua County, Taiwan.CIP has reached financial close and start of construction of the Changfang and Xidao project. The project has contracted experienced international and local contractors under 8 key construction agreements.The project received approval of its local content plan in December…

Coronavirus Paralyzes Oil, Gas Sales into China

© Riekelt / Adobe Stock

Short-term sales of crude oil and liquefied natural gas into China almost ground to a halt this week as the coronavirus slows economic activity and cuts demand and buyers ponder legal action to avoid having to honor purchase agreements, trade sources said.Typically, trade would have revived after the Lunar New Year holiday at the end of January, but China has extended the break into February to try to contain the fast-spreading coronavirus, which has claimed nearly 500 lives.As a result…

Global Wind Capacity to Reach 626 GW

Image courtesy: Ørsted

The global wind power industry is expected to install more than 626,800 MW of new capacity over the next decade, said a report.According to a report from Navigant Research, this new capacity represents a market worth more than $92 billion in 2019 and more than $1 trillion over the forecast decade.According to the report, global offshore wind development is expected to experience a 16% compound annual growth rate over a 10-year forecast period.China, Taiwan, and Europe are the leading markets…

Ørsted Inaugurates Historic Taiwanese OWF

Formosa 1 offshore wind farm. Image: Ørsted

Global offshore wind solutions provider Orsted inaugurated the Formosa 1 offshore wind farm in Taiwan, the first offshore wind farm built by Ørsted in Asia-Pacific.In the past three years, Ørsted has worked closely with joint venture partners, secured NTD 18.7 billion in project finance and constructed the offshore wind farm on time.The Formosa 1 offshore wind farm is a joint venture between Ørsted (35%), JERA (32.5%), Macquarie Capital (25%) and Swancor (7.5%). Located approx two to six kilometres off the coast of Miaoli County…

SGRE Wins Hai Long 2 OWP

Image: Siemens Gamesa Renewable Energy

Spanish global renewable energy company Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred supplier of turbines for the 300MW Hai Long 2 offshore wind project in Taiwan.The agreement is subject to contract and final investment decision from the consortium partners, Canadian independent power producer Northland Power Inc. and Taiwan-based developer Yushan Energy.The 300 MW Hai Long 2 offshore wind power plant project was awarded through the 2018 grid allocation mechanism in Taiwan. The project site is located approximately 50 kilometers off the coast of Changhua County.

APAC to Fuel Global Wind Power

Graph: GlobalData

Global wind power market size increased from $71.6bn in 2010 to $96.4bn in 2018. During the 2019–2030 forecast period, significant capacity additions in the Asia-Pacific (APAC) region are expected to drive that market, increasing the market size to $124.6bn by 2030.A report from GlobalData revealed that China is the global leader in terms of both capacity additions and in terms of cumulative wind capacity in 2018. The report also finds that offshore wind power will gain popularity and increase its share of total capacity during 2019–2030.Harshavardhan Reddy Nagatham…

FTR Continues Year-on-year Growth

FTR offers procurement, fabrication, FPSO and construction services to the energy industry. (Photo: FTR)

Fulkrum Technical Resources (FTR), global provider of technical personnel specializing in QA/QC, inspection and vendor surveillance services to the energy industry, announced recent contract wins resulting in year-on-year growth of more than 55%.Operating out of eight bases around the world, FTR reported it has seen growth in each region with revenues exceeding forecasted figures, as well as expanding its network of energy professionals to nearly two million.Since forming in 2017, the FTR Asia Pacific office has continued to establish its presence in the region…

SGRE's 1,000th Offshore Wind Turbine Up

Image: Siemens Gamesa Renewable Energy

Spanish-based manufacturer of wind turbines Siemens Gamesa Renewable Energy (SGRE) has reached a milestone with the installation of its 1000th offshore direct drive wind turbine as it embarks on the 10MW-plus era.The company reached the milestone by recently installing turbine 51 on Iberdrola's 714MW East Anglia One project off the UK – eight years after predecessor Siemens Wind installed its first direct drive machine at sea.Since being launched in 2011, the 1,000 units of the Siemens…

Malaysia Spot Crude Premiums Hit Multi-year High

© yamashou / Adobe Stock

Asia-Pacific refineries are forking out multi-year high premiums for sweet crude produced in the region as alternative supplies from the West have become more expensive with the rise in shipping costs, several trade sources said on Monday.Lower exports from Indonesia and Vietnam and rising demand for very low-sulphur fuel oil (VLSFO) have also helped push up premiums for crude produced in Malaysia such as Labuan and Kimanis to the highest in years, they said.Malaysian crude has low sulphur…