Saturday, May 25, 2024

Maersk News

Tyra II Production Successfully Restarted

Source: TotalEnergies

The Tyra Redevelopment Project (Tyra II) has restarted production. At plateau, the Tyra hub will produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day.TotalEnergies operates the Tyra field on behalf of Danish Underground Consortium, a partnership between TotalEnergies (43.2%), BlueNord (36.8%) and Nordsøfonden (20%).The Tyra Redevelopment Project is, to date, the largest project carried out on Danish Continental Shelf with the fabrication and installation of eight new platform topsides.

X-Press Feeders to Use Green Methanol in Q2 2024

(Photo: X-Press Feeders)

Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part of its fleet in Europe in the second quarter of 2024, a senior executive said on Tuesday.The move comes as the European Union will extend its Emissions Trading System (ETS) next year to cover carbon dioxide emissions for all ships of 5,000 gross tonnage and above entering EU ports.Shippers can buy carbon credits to offset emissions or burn lower-carbon fuels such as methanol and biofuels, although supply of these fuels is limited.

Shipping Rivals CMA CGM, Maersk to Collaborate on Green Fuels

Laura Maersk - the world’s first-ever container vessel sailing on green methanol was named in Denmark last week -  © A.P. Moller - Maersk. All rights reserved.

Container shipping giants CMA CGM and Maersk said on Tuesday they will cooperate in efforts to reduce emissions in the sector, including by supporting the use of methanol and aiding research into potential fuels like ammonia. The shipping industry is grappling with which fuels and vessel technology to adopt on a large scale to meet an objective of net zero emissions by around the middle of the century. Danish group Maersk has focused on so-called green methanol and last week announced the creation a new company to produce fuel.

MAN ES: Moving Forward on Ammonia Engines

MAN ES will start testing on its ammonia engine in Copenhagen in Q1 2023. Images courtesy MAN ES

As shipowners ponder future fuels, MAN Energy Solutions is sailing full speed ahead optimizing dual fuel marine powerplants while preparing to start testing ammonia fueled engines in early 2023. Bjarne Foldager, Senior Vice President, head of two stroke business at MAN ES hosted Maritime Reporter & Engineering News in Copenhagen for a look behind the scenes at a cornerstone of its mandate to ‘Move big things to Zero.’Just 10 years ago…

Subsea Cable Installed on HiWave-5 Wave Energy Project

Image courtesy CorPower

CorPower Ocean and Maersk Supply Service report the successful install of a 6.2km subsea export cable off the coast of northern Portugal to energise the flagship HiWave-5 Project.The 100-tonne cable was installed using the Maersk Achiever vessel and will provide power and data connection from an on-land substation in Aguçadoura to the wave energy demon-stration site 5.5km offshore.CorPower is now gearing up for the arrival of the C4 PTO (Power Take Off) system, which has completed a one-year dry test program in Sweden.

First UMACK Anchor for CorPower WEC Installed off Portugal

Image courtesy CorPower

CorPower Ocean, Maersk Supply Service and Dieseko have installed the first commercial-scale UMACK anchor to support the HiWave-5 demonstration project. The anchor has been installed 4km off the coast of Aguçadoura, in northern Portugal, where it will be used to anchor the CorPower C4 Wave Energy Converter, as part of the HiWave-5 project.The UMACK technology is designed to provide a step-change improvement to the vertical holding capacity of pile-type anchors…

Battery-Electric Surge: ESS Scales Up in Maritime

Battery friendly: the DC set-up aboard an ESS-equipped VARD vessel. Image courtesy Vard

Ask the right government department in any G7 state and you’ll find funding to put battery power for your vessel. Beyond funds, new battery makers and system integrators are ironing out safety issues, and a growing number of giga-sized cell factories offer hope that costs will fall for marine energy storage, as ESS choice grows. Efforts are also underway to recycle rare earth elements and to augment or greenify staggeringly high plant electricity inputs.

Future Fuels: The Pros and Cons of Methanol

No emissions methane oxidization on a MOL design Photo courtesy MOL

To say there is uncertainty regarding 'future fuels' in the maritime sector is a big understatement. With numerous options evolving, we asked William Stoichevski to produce the 'future marine fuel manifesto' for the May 2022 edition of Maritime Reporter & Engineering News. Here we look at methanol.In just 12 years, the EU has moved from compelling the use of LNG to renouncing it in favor of battery power and then putting LNG partly back on the mantle of clean fuels.

Tech Files: Offshore Power Products

Danish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted, are testing an innovative charging buoy that can bring green electricity to offshore wind farm service vessels and potentially to a wide range of maritime vessels. Photo courtesy: Maersk Supply Service and Ørsted

Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk Supply Service/Orsted power buoysDanish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted, are testing an innovative charging buoy that can bring green electricity to offshore wind farm service vessels and potentially to a wide range of maritime vessels.The…

Repsol Given Green Light to Use Maersk Inspirer at Yme

Maersk Inspirer - Credit: Maersk Drilling

Spanish oil company Repsol has been given a green light to use the Maersk Inspirer jack-up rig at the Yme field, in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, to connection, completion, and start-up preparations in conjunction with previously installed fixed facilities on the Yme field.The Yme is a field in the southeastern part of the Norwegian sector of the North Sea, 130 kilometers northeast of the Ula field. The water depth is 77-93 meters. The field was discovered in 1987.

New Round of Layoffs at Maersk Drilling

A Maersk Drilling rig - Image Credit: Maersk Drilling

Offshore drilling company Maersk Drilling has announced a new wave of layoffs and has revised its financial guidance for 2020, citing oil and gas companies' budget cuts and delays and cancellations in offshore drilling tenders.As previously reported, Maersk Drilling in April said it would lay off around 250-300 people in its North Sea crew pool, and mothball several drilling rigs due to the effects of low oil price on offshore drilling activities.The Danish offshore driller on Thursday announced a new round of cuts…

Maersk Drilling Loses Two Offshore Rig Deals

Image by Maersk Drilling

Danish offshore drilling company Maersk Drilling has said it has received early contract termination notices for two of its drilling rigs.Maersk Drilling said Friday that Shell had the contract for the semi-submersible Mærsk Developer "with immediate effect." The original end of the contract for the Maersk Developer was expected to be in August 2020.Further, Aker BP has terminated the contract for the jack-up rig Maersk Reacher.

Offshore Drillers to Lose $3B Due To COVID-19, Low Oil Prices

A jack-up drilling rig - Image by namning - AdobeStock

Offshore drillings contractors leasing drilling rigs to oil and gas companies are set to lose contracts worth $3 billion in combined revenue in 2020 and 2021, Rystad Energy said Thursday, citing the impact of the coronavirus pandemic and low oil prices.According to Rystad, the estimated contract value in 2020–2021 is $30 billion in total; $20 billion in 2020 and $10 billion in 2021. "So far six rig years of contracts have been canceled, translating to approximately $400 million in contract value.

Ransomware: The IT Danger on the Horizon

© arrow/AdobeStock

Two decades into the 21st century, we’re seeing a growing and pernicious threat to global information security: ransomware. Even non-technical folk have loosely heard of it, but the broader implications haven’t yet penetrated the public consciousness. In different industries, that general lack of awareness could be a big problem—and the maritime sector is a good example.Ransomware hits at the confluence of two critical trends in modern technology: the ever-increasing integration of IT systems into daily life…

Maersk, Tide Maritime Targeted in Petrobras Probe

Brazilian authorities on Wednesday targeted Maersk and other companies for allegedly paying bribes to get an edge in securing shipping contracts with state oil firm Petroleo Brasileiro SA, in the latest phase of a sprawling graft probe.Federal prosecutors said in a statement that Denmark's Maersk, the world's largest shipping company, was involved in allegedly paying $3.4 million in bribes related to 11 shipping contracts with Petrobras…

Huge Potential for Asian Offshore Wind

Offshore wind industry is set to gain a foothold in new markets in the next five years, with the Asian markets playing a significant role.China has significant ambition for the build-out of offshore wind – and added more capacity in 2018 than any other country. However, what is less known, is that markets such as Korea, Japan, Vietnam and India – have made plans to incorporate offshore wind into their energy mix.While much of…

LR Bolsters Well Management Team

Melvin Banford, John O’Neill, Derek Harrold, Steve Harris and Matt Rothnie (Photo: Lloyd's Register)

Lloyd’s Register announced it has made several key appointments to its wells engineering and project management consultancy following a series of major contract wins and global growth.John O’Neill brings more than 25 years’ experience in global wells projects to the newly created position of Head of Wells Delivery. Having worked predominantly across the North Sea and Middle East for BP, Shell and Schlumberger, he most recently…

Maersk Develops Ship Fuel from Alcohol

Danish shipping conglomerate A.P. Moller - Maersk has joined forces with Wallenius Wilhelmsen, BMW Group, H&M Group, Levi Strauss and Marks & Spencer to explore LEO, a blend of lignin and ethanol, as a potential future sustainable shipping fuel.The LEO Coalition, which also includes Copenhagen University, will consider the environmental and commercial viability of LEO fuel for shipping. Shipping accounts for 2-3% of global CO2 emissions…

NGA in Rig Settlement Pact with Industri Energi

The Norwegian Shipowners' Association (NGA) reached an agreement with Industri Energi and SAFE in the Mid-Term Settlement for employees on mobile offshore units, drilling and catering on permanently placed facilities on the Norwegian Continental Shelf, after mediation at the national Mediator’s Office several hours past deadline.The result involves a general wage growth of 3,6%. A strike among under 1600 rig workers is thus prevented."For the sake of the competitive situation and jobs on the Norwegian Continental Shelf…

OGCI Invests in Wind Power for Ships

OGCI Climate Investments has led an EUR 8 million investment round in Norsepower, along with current investors, to accelerate Norsepower’s growth on global markets.The investment enables Norsepower to scale up production at its manufacturing facilities as part of a next phase of commercialization triggered by demand for its renewable wind energy propulsion systems, said a press release from Norsepower Oy Ltd., the provider of low maintenance…