Thursday, July 18, 2019

Energy Industry News

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…

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.

DP World buys Topaz Energy for $1 bln

Port operator DP World Plc will buy Topaz Energy and Marine Limited for $1 billion from Standard Chartered and Renaissance Services, DP World said on Monday.Topaz is a provider of marine logistics to the global energy industry. The deal is the latest in Asia-focused lender StanChart's efforts to sell its private equity business as part of a broader shift away from direct investing.Reporting By Lawrence White

US Extends Offshore Wind Tax Credit

Image: Government Europa

The American Wind Energy Association (AWEA) issued a statement in support of two bills introduced in the U.S. Senate this week, which would both extend the federal Investment Tax Credit (ITC) for offshore wind energy.The legislation comes at a critical time for offshore wind in America, as energy developers prepare to start construction on the first wave of large-scale projects.The Offshore Wind Incentives for New Development Act introduced by Senators Markey (D-MA), Whitehouse (D-RI), and Congressman Jim Langevin (RI-02), as well as the Incentivizing…

Senegal President's Brother Resigns After Energy Fraud Claims

© Pictures news / Adobe Stock

The brother of Senegal's President Macky Sall has resigned from his government post after allegations of fraud relating to natural gas contracts, he said on Monday.An investigation by the British Broadcasting Corporation (BBC) this month alleged that a company run by Aliou Sall received a secret payment of $250,000 in 2014 from Frank Timis, a businessman whose company, Timis Corporation, that year secured licences to two major offshore gas blocks.The affair has dominated the airwaves in Senegal, overshadowing the beginning of President Sall's second term.

Offshore Wind – A Brief History

Credit: Used with permission of Worldsfairchicago1893.com

Happy 80th birthday Maritime Reporter & Engineering News! Eighty years is a significant publishing and business accomplishment!Birthdays always cause a look back. An 80-year review starts in 1939, the close of one very challenging decade, the start of events still reverberating today. History’s most important history is contained in the last 80 years.Energy dominated every one of those decades. Consider energy use, say, starting after World War II, from 1950 to 1975. There was power for everything, from seemingly endless sources of oil, gas and coal, and nuclear power was standing by.Next, recall energy from 1975 to 2000. Not so happy.

Luthi Steps Down as NOIA Head

Randall Luthi (Photo: NOIA)

The National Ocean Industries Association (NOIA) announced that Randall Luthi will leave the organization next month, after serving as the group’s president for nearly 10 years. Luthi will return to his home state of Wyoming to serve as Chief Energy Advisor to Wyoming Governor Mark Gordon.The offshore energy group NOIA represents more than 250 companies involved in the exploration and development of offshore energy, including oil and gas as well as renewables. Luthi represented the US offshore industry over two Administrations as a big supporter of the all-of-the-above energy approach.

OPITO Appoints VP for Americas

Pic: OPITO

OPITO, the global, not-for-profit skills body for the energy industry, has appointed Brandon Grosvenor to the new role of vice president of strategic development for the Americas region.He had previously spent more than a decade with National Oilwell Varco in Houston, most recently as a global business development manager. Mr Grosvenor also served in various roles within the global training organization where he created and implemented training programmes and developed skills assessments.More than 350,000 people are trained to OPITO standards…

DNV GL Hires Energy, Utilities Managers

Elizabeth Kaiga (Photo: DNV GL)

DNV GL announced on Friday it has added two new key account managers for Energy North America. Elizabeth Kaiga will work with a wide range of accounts that include utilities, renewable developers, financial organizations and large corporations, all with a focus on renewable energy, while John Costello will focus on the utility industry in the U.S.“Elizabeth and John will lead account teams to expand and strengthen relationships with customers and enhance the services that DNV GL is delivering, both for our core customers and for new customers,” said Richard S. Barnes, Executive Vice President for Energy North America.

Energy Firms Lack in Digital Skills: DNV GL

Pic: DNV GL

91% of energy companies say digital skills training is needed, data science and big data analytics identified as most important digital skillsets & 65% of organizations need employees with creative problem-solving competence in their workforce.A lack of digital skills and internal barriers related to company culture and mindset are the biggest roadblocks hindering digital progress in the energy sector, with 71% of organizations in the industry needing employees with combined domain and digital experience and 18% claiming to not have a single employee…

LNG Trailblazer Eisbrenner Dies at 58

Kathleen M. Eisbrenner (Photo: NextDecade Corporation)

Kathleen M. Eisbrenner, a liquefied natural gas (LNG) industry pioneer and Founder and Chairman of the Board of Directors at US based LNG development company NextDecade Corporation, has passed away at the age of 58.Eisbrenner enjoyed a remarkable career, and was widely viewed as one of the foremost female executives in the global LNG industry. She founded NextDecade in 2010 and led the company to its listing on the Nasdaq Stock Market in July 2017. She served jointly as Chairman and Chief Executive Officer until February 2018, and remained as NextDecade’s Chairman of the Board of Directors until her death.Eisbrenner was formerly Executive Vice President at Royal Dutch Shell…

Kinder Morgan's $1.75 bln Gas Pipeline Hit with Steel Tariff

Photo courtesy of  Kinder Morgan

U.S. pipeline operator Kinder Morgan Inc will pay a tariff on imported steel used in a $1.75 billion natural gas pipeline project, the U.S. Department of Commerce ruled on Monday, dealing a setback to energy industry efforts to avoid the penalties.The tariff could add up to $80 million to the construction cost of Kinder Morgan's Gulf Coast Express Pipeline, analysts estimated, because about half the project employs some Turkish pipe subject to a 50 percent tariff. It filed for an exemption nearly a year ago, citing the lack of domestic steel and the economic benefits to natural gas exports. (Reuters, Reporting by Gary McWilliams; editing by Jonathan Oatis)

Craig International Wins Spirit Energy Contract

Craig International joint managing director Jill Macdonald (Photo: Craig International)

Craig International has secured a contract with Spirit Energy, which is potentially worth £21 million ($27.4 million) over seven years, the oilfield procurement specialist announced on Thursday.Craig International said it has been awarded a five-year contract, with a two-year extension option, to source and supply products for maintenance, repair and operations at Spirit Energy’s onshore and offshore sites in the UK.Following a competitive tender process, with multiple suppliers bidding for 13 subcategories, Craig International was awarded a contract to provide third party procurement services for nine of the sub-categories including hand tools…

Talakar Named CEO of Siemens Oil & Gas

Arja Talakar (Photo: Siemens)

Arja Talakar has been appointed CEO of Siemens Oil & Gas, effective April 1, 2019. He will be based in Houston.Talakar brings to this position extensive leadership experience. Prior to taking this new role, he was responsible for Siemens Saudi Arabia. He began his career with Siemens in 1996 as a rotating equipment and automation systems engineer and has since held several roles of increasing responsibility across the globe."The energy industry is transforming amidst a digital and technological revolution, which moves us toward evermore complex, multi-modal and decentralized systems," Talakar said.

Wintershall Wins Argentina Offshore Bid

Photo: Wintershall  © Total/Florian von der Fecht

Germany's largest crude oil and natural gas producer Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of Tierra del Fuego as part of the “Costa Afuera” licensing round.In addition to the CMA-1 exploitation concession, with this award, the company will participate in further offshore exploration projects in Argentina. The exploration licenses are located approximately 300 km off the southeast coast of Argentina.Wintershall will hold a 27 percent interest in the licenses MLO-114 and MLO-119. The British-Irish company Tullow is the operator, while the Argentine company Pluspetrol is another partner.

A New York State of Mind

New York Bight call areas.  "Call" is a short-hand term referring to calls for proposals or calls for interest in an area. (Image: BOEM)

“A new industry is being established in New York, with the primary stimulus being a state-driven procurement process.”New York State Public Service Commission (PSC), July 12, 2018.To a great extent, this PSC comment provides direct insight into the dynamics behind New York’s pace-setting moves to establish offshore wind. First, this new energy development is deliberate – not left to chance or laissez faire markets. Second, state officials are in control, from choosing a contractor to securing money for payment. Third, state utility commissions act on projects.To that end…

Cameron LNG Project in Final Stage

Image: McDermott

McDermott International, provider of technology, engineering and construction solutions to the energy industry, and its joint venture partner, Chiyoda International Corporation, a U.S.-based wholly-owned subsidiary of Chiyoda Corporation, Japan, announced that Train 1 of the Cameron LNG project in Louisiana has reached the final commissioning stage.This includes the introduction of pipeline feed gas into Train 1 of the liquefaction export facility, the precursor for the production of liquefied natural gas (LNG), said a press release from the American…

New Jack Up Fitted with Huisman Crane

Artist Impression (Photo: Jan De Nul)

Huisman has been awarded a contract for the design, engineering, construction and delivery of the main crane on Jan De Nul’s newest offshore wind turbine installation vessel ‘Voltaire’.The crane will be unique in its size, capacity and novel features to allow efficient installation of the next generation offshore wind turbines. The vessel will be built by COSCO Shipping Heavy Industry in China and the Huisman crane will be built in Huisman’s own production facility in Xiamen, P.R. of China and installed at the shipyard. With an unrivaled crane capacity of over 3…

Rising US Oil Clout on Show in Houston

© Steve Prorak / Adobe Stock

A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.Present: top U.S. diplomat Mike Pompeo. Absent: leading Saudi and Russian officials, and most OPEC nations.As the United States weans itself off foreign oil imports - thanks to booming domestic production - the complex web of politics and business interests that have shaped decades of Washington's energy diplomacy in the Middle East and beyond is changing.That shift was unmistakable in Houston this week.In his keynote address…

Repsol, Emerson Pact for Geoscience R&D

Emerson is enabling Repsol to accelerate time to first oil using digital transformation technology. Pic: Emerson

Emerson and Repsol announced they have established a strategic alliance to deliver advanced subsurface geophysical technologies to reduce the time to prospect and produce first oil.Emerson, a global engineering and technology company,  will work collaboratively with Spanish energy company Repsol to implement and deploy advanced subsurface imaging technologies, with core technologies developed by Repsol as part of Kaleidoscope, its 10-year innovation project."These advances will be used by a broad range of the geoscience community within Repsol and in all oil and gas companies that choose to license the technologies.