Thursday, October 18, 2018

Bpifrance, TechnipFMC File Complaint Against Naval Group

(File photo: Naval Group)

French state-owned bank Bpifrance and oil services company TechnipFMC have filed a complaint against Naval Group for willful misrepresentation, a source close to the matter told Reuters, confirming a story in Challenges magazine.The complaint was filed in a Paris tribunal after Naval Group deci

Scotrenewables Renamed Orbital Marine

Image: Orbital Marine Power

The floating tidal turbine developer Scotrenewables Tidal Power Limited has announced a comprehensive company-wide rebranding to Orbital Marine Power.The new name is inspired by the orbital cycle of the moon around the earth, the reliable provider of tidal energy.

Offshore Drillers Eye Recovery by 2020

© namning / Adobe Stock

Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude selling for more than $80 a barrel and some are forecasting a full turn in the market…

GoM Offshore Platforms Evacuated Ahead of Hurricane

(Image: NOAA)

Energy companies on Monday halted nearly a fifth of Gulf of Mexico oil production and evacuated staff from 10 platforms as Hurricane Michael intensified and headed for a path up the eastern U.S. part of the Gulf.BHP Billiton, BP, Equinor…

Build It and They Will Buy: The New World of LNG Canada

Rendering of the LNG export facility (Image: LNG Canada)

The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of "she'll be right, mate."The LNG…

Japan Transfers Excess Renewable Power Between Regions for First Time

© leungchopan / Adobe Stock

Japan transferred excess renewable energy supplies between two of its electricity regions for the first time since a major shakeup of its power sector, the country's grid monitor told Reuters.The transfer of excess solar power supplies from the island of Kyushu to Japan's main island of Honshu

Shell's LNG Canada Seen as Tip of Megaproject Iceberg

Photo courtesy of Shell

The launch of a massive liquefied natural gas (LNG) export project in Canada has finally fired the starting gun on a wave of plan approvals around the world, needed to avoid a supply crunch after 2020.Royal Dutch Shell said it would export…

Petrogal to Invest Up to $1 bln per Year in Brazil -CEO

Petrogal, the Brazilian unit of Portugal's Galp, plans to spend $800 million to $1 billion annually in the coming years in Brazil to develop its current oil and gas assets and boost its stake offshore, its chief executive officer said on Thursday.CEO Miguel Pereira said the company…

NRCAN Grant Triggers Major Investment in the Bay of Fundy

Photo: DP Energy

The next wave of tidal energy development at the FORCE facility in the Bay of Fundy Nova Scotia has been triggered by a substantial grant of $29,750,000 under the Emerging Renewable Power Program (ERPP) from Natural Resources Canada (NRCan).European…

Total adds Solar and Hydro Power Capacity in France

Total subsidiaries have won tenders for 15 French solar power projects and 5 tenders for small-scale hydro power generation units which will add around 112 megawatts of capacity to its portfolio, the energy producer said on Wednesday.The solar power projects will produce around 120 gigawatt hou

Bosnia Adopts Long-Term Energy Strategy Key to Unlocking EU Funds

Bosnia's central government adopted a long-term energy strategy on Wednesday after years of political wrangling between its two regions, paving the way for major funding from the European Union and other investors."With this act, we completed…

Bureau Veritas Issues New FSRU Guidelines

Matthieu de Tugny (Bureau Veritas)

Bureau Veritas has issued new and updated notations and guidance to support the construction and operation of both Floating Storage and Regasification Units (FSRUs) and Floating Storage Units (FSUs).Interest in FSRUs and FSUs is growing as floating gas terminals offer operational flexibility…

French Tidal Energy Project Clears another Hurdle

EU competition regulators approved on Thursday French support for an EDF-operated tidal energy project, saying the scheme was in line with the bloc's energy and climate goals.The Normandie Hydro plant, located at Raz Blanchard on the English channel and to be developed by OpenHydro, will be mad

PLAT-I: Renewable Energy for Canada

PLAT-I and the 15m Meercat workboat “Venetia” prior to disconnection from the mooring system during the demobilisation operation. Photo: ©SCHOTTEL HYDRO

Sustainable Marine Energy is preparing to ship the PLAT-I tidal energy platform from Connel in Western Scotland to Grand Passage in Nova Scotia. Sustainable Marine Energy’s (SME) PLAT-I tidal energy platform hosting four SCHOTTEL HYDRO SIT…

LOC Names Cummins Energy Projects Development Director

Ian Cummins (Photo: LOC)

International marine and engineering consulting firm LOC has appointed ex-Head of Engineering at BP, Ian Cummins as its new Energy Projects Development Director. Ian will focus on the oil and gas and renewables markets, and help to identify…