Wednesday, December 11, 2019

Energy Industry News

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, increasing its activity with a number of local and global companies.

Rever Completes North Sea Decom Project

Barry Macleod. Photo: Rever Offshore UK Limited

Subsea services provider Rever Offshore has successfully completed a North Sea infrastructure decommissioning project of the Greater Dunlin Area for Fairfield Energy.The subsea project delivery and execution provider to the offshore energy industry said that the assignment – in the East Shetland basin – was “one of the largest scale decommissioning projects undertaken by the company.”The project used diving support vessels Rever Sapphire and Rever Polaris, along with the heavy construction support vessel (CSV) Normand Clipper.The workscope involved multiple campaigns comprising of preparation…

Tekmar Wins OWP in Taiwan from Seaway 7

Image: Tekmar Energy

Tekmar Energy, a provider of protection systems for subsea cable, umbilical and flexible pipes and offshore engineering services, has secured an award in Taiwan from a repeat client Seaway 7 for wpd’s 640MW Yunlin project.The developer and manufacturer of sub-sea cable protection systems for the renewable energy industry said that under the contract, it will be supplying 150 of their patented CPSs (cable protection systems) which protect the subsea power cables as they transition from the offshore structures into burial.Russell Edmondson, Managing…

Partners Bring AI to Energy

© xmentoys / Adobe Stock

Baker Hughes, C3.ai, and Microsoft Corp. announced an alliance to bring enterprise artificial intelligence (AI) solutions to the energy industry on the Microsoft Azure cloud computing platform.This alliance will enable customers to streamline the adoption of scalable AI solutions for the energy industry that help promote safety, reliability, and sustainability. It leverages the energy technology expertise of Baker Hughes, C3.ai’s AI platform and applications, and the Microsoft Azure cloud computing platform. As a result, energy businesses will have a secure and reliable suite of enterprise-scale AI applications optimized to run on Azure.

Big Oil Stuns Brazil in Back-to-back Auction Flops

© Simon Mayer / Adobe Stock

Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bidding system that gives a privileged position to state-run Petroleo Brasileiro SA.The only block awarded in Thursday's bidding went to Petrobras, as the Brazilian state-run firm is known, and Chinese state firm CNODC, a unit of China National Petroleum Corp, which offered the minimum bid. Four other blocks received no bids.The result, following a lack of foreign interest in an even bigger Wednesday round…

OP/ED: Offshore Wind

Nicolette Nye, Vice President of Communications and Member Development of the National Ocean Industries Association (NOIA) in Washington, DC.

Set to Soar, Taking Offshore Support Industry With it.Offshore energy development is opening a new front in the United States -- the Atlantic seaboard, with strong winds, a shallow continental shelf and a proximity to dense population centers is driving strong interest in offshore wind development. The offshore oil and gas supply chain stands to benefit in a big way from billions in coming investment. In fact, it is already playing a role. Companies in the Gulf of Mexico, which traditionally support the offshore oil and gas sector, helped build and install the nation’s first offshore wind project…

Second ASV Delivered to Bibby

Photo: Damen

The second of Damen’s Accommodation Support Vessel (ASV) 9020 has been delivered to Bibby Marine Services at Damen Shipyards Galati in Romania. On her arrival in the North Sea, the Bibby WaveMaster Horizon will begin maintenance work off the coast of Germany on two EnBW and Enbridge-owned windfarms– Hohe See and Albatros – for Siemens Gamesa Renewable Energy and EnBW.The 90-meter ASV 9020 was developed by Damen to meet the specific needs of the offshore renewable energy industry, combining walk-to-work capabilities with an innovative interior and DP2.The build of what was to be the Bibby WaveMaster Horizon began in 2014 alongside that of its sistership…

ORCA Hub Readies Drones for Offshore Energy

 Image: Heriot-Watt University

A consortium of five universities, including Heriot-Watt University, working with 35 industrial and innovation partners, has unveiled the latest results from its research collaboration.The largest academic center in the world for research into robotics technology for offshore energy infrastructure, the ORCA Hub’s aim is to advance robotics and Artificial Intelligence technologies for the inspection, repair, maintenance and certification of offshore energy platforms and assets.Creating solutions to some of the most challenging, hard to reach and hazardous real-world problems in the energy sector, ORCA Hub was launched in October 2017.

Milito Named NOIA President

Erik Milito (Photo: NOIA)

Veteran energy industry association executive Erik Milito has been named as the new president of the National Ocean Industries Association (NOIA) and will to take the helm of the offshore energy association effective November 1, 2019.“Erik is a strong leader and an effective communicator, qualities that make him a great fit for NOIA President and will serve our membership well. I am confident in his ability to inspire the NOIA membership and convey to the public the important role that offshore energy plays in America and beyond,” said NOIA Chairman…

DNV GL Mulls Digitalization in Wind Energy

Pic: DNV GL

Digitalization is already playing a major role in the growth of wind energy, but it can still drive further improvements in operational efficiency, decision making and cost efficiency – if it can overcome concerns around data sharing.According the report ‘Digitalization and the Future of the Wind Energy Industry’ published by DNV GL, iproving operational efficiency (identified by 52% of respondents), decision making (42%) and cost efficiency (40%) are top priorities for further digitalization.Balance between sharing data and protecting competitive…

GERE Goes Carbon Neutral

Image: GE

GE Renewable Energy, the renewable energy arm of US industrial technology giant General Electric, announced its plan to make 100 percent of its operations carbon neutral by the end of 2020.GE Renewable Energy will reach carbon neutrality by reducing emissions through operational efficiencies, securing renewable electricity supply to all GE Renewable Energy sites throughout its operations for wind, offshore wind, hydropower, energy storage and grid businesses – and balancing remaining emissions with the purchase of carbon offsets to achieve a net-zero footprint.Jérôme Pécresse, CEO, GE Renewable Energy said, “This is a decision that makes business sense.

Industry Showcases Positive Changes at OE 2019

Photo: SPE Offshore Europe

Commitment to accelerating the energy transition is gathering pace, as operators and technology developers at SPE Offshore Europe 2019 said they will invest to secure a more sustainable energy mix.In another encouraging sign that the energy industry is steadily continuing to emerge from the downturn, there were more than 38,000 visitors to the show.The industry’s entire exploration and production supply chain was showcased at OE19, with 950 exhibitors, including 125 new names from small innovators to global service companies, on the exhibition floor.Michael Borrell…

ADNOC Logistics Joins LNG MFI

Image: LNG MFI

The LNG Marine Fuel Institute, a non for profit organization based in Perth,  announced the membership of ADNOC Logistics & Services with the growing coalition of companies committed to Australian LNG is the primary marine fuel in transition to carbon free shipping.Captain Mohamed Al Ali, Senior Vice President - Ship Management at ADNOC Logistics & Services  said:  “Our partnership with LNG MFI will add value for the development of LNG as a marine fuel, contributing in supporting the marine industry in Australia and neighbouring countries, in line with our ongoing effort to foster a sustainable environment for our trade”.Headquartered in Abu Dhabi…

Wood Promotes Leonard in Americas Role

Paul Leonard (Photo: Wood)

Engineering firm Wood said it has appointed Paul Leonard as President of Operations Services in its Americas business to succeed Tim O’Leary, who is retiring from the company after a 20-year tenure.Wood’s Operations Services business complements the company’s capital projects businesses through the provision of operations, maintenance, modifications, asset management, shale facilities and pipeline construction services to clients in the upstream and midstream energy sectors, notably the US shale markets. Leonard will be responsible for the company’s business line across the US lower 48…

Floating Windpower Partnership Formed

Image: Naval Energies

Japanese engineering giant Hitachi Zosen Corp and French marine renewables technology outfit  Naval Energies will work together in the field of floating wind power.The French marine renewables specialist said in a press release that the two companies will design and build floating wind turbines with a capacity of several hundred megawatts off the Japanese coast using Naval Energies' semi-submersible floating solution, which is a concrete, steel or a hybrid combination fixed to the seabed by an anchoring system that controls its movements.The project…

Digitalization Boosts Renewable Sector

Pic: DNV GL

Renewable energy investors and developers are increasingly turning to digital technology to build effective investment strategies, with almost half (47%) of the finance industry saying they have digitalization as a core part of their publicly stated strategy.New industry-wide report from DNV GL highlights benefits and challenges of digital technologies for renewable energy financing as market moves away from subsidies.DNV GL surveyed nearly 2000 senior stakeholders from across the energy industry. A lack of digital mindset is seen as a bigger…

Maersk Firm to Buy Wind Turbine Supplier

file Image: an offshore wind farm (CREDIT Seimens)

A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk will acquire Danish wind turbine supplier KK Group, it said on Wednesday, in a first step into the renewable energy industry.The acquisition marks a new direction for the family-owned company, which has built its business on the shipping and oil industry.The parties declined to disclose the price of the deal. A.P. Moller Holding will buy KK Group, whose main activities are through KK Wind Solutions, from Swedish private equity Solix Group."Denmark is the leading hub for the wind industry worldwide with significant global growth potential.

LDA Wins French Offshore Wind Work

Image: Louis Dreyfus Armateurs Group

French maritime firm Louis Dreyfus Armateurs (LDA) Group announced that its subsidiary Louis Dreyfus TravOcean has signed its first contract related to the development of offshore windfarms in France.The transport and logistics company said that the contract for supply, installation and protection of inter-array power cables for the Saint-Nazaire offshore wind project was signed earlier this month with project leaders EDF Renouvelables and Enbridge, after an international tender was won by Louis Dreyfus TravOcean in consortium with cable manufacturer Prysmian."Maritime services to the Marine Renewable Energy industry have become essential to the strategic development of LDA…

Ferrybridge Demolished for Beatrice OWF

Image: SSE

The iconic former coal-fired Ferrybridge Power Station in West Yorkshire has been demolished, before the official opening of Beatrice Offshore Wind Farm in the Moray Firth.A press release from the UK-listed energy company SSE said that the world’s fourth-largest offshore wind farm will be officially opened by HRH The Prince Charles, The Duke of Rothesay, today (Monday July 29)Situated 13km off the Caithness coast, the 84 turbines will generate 588MW of renewable energy – enough to power 450,000 homes every year.The day before, on Sunday July 28…

Enterprise Products to Build GoM Crude Terminal

File Image: AdobeStock / © Jose Gill

Enterprise Products Partners LP said on Wednesday it expects to take about two years to construct its oil export project called Sea Port Oil Terminal, or SPOT, in the U.S. Gulf of Mexico.Permitting for the terminal was expected to reach the final stages by the end of the first quarter of 2020 and final approval was expected during the second quarter, a company executive said on its second quarter earnings call.Enterprise Products signed long-term agreements with Chevron Corp to support the development of SPOT, which will be designed to efficiently…