Thursday, December 13, 2018

Steel News

Dredging International Contract Goes to Sif

SeaMade Offshore Wind Farm. Image: DEME Group

Netherlands-based Sif Holding N.V. announced that Dredging International has awarded to Sif the production of 58 monopiles and the primary steel of the transition pieces for SeaMade offshore wind farm.The manufactures steel foundations to the offshore wind and oil and gas said in a release that the contract has been awarded by EPCI-contractor Dredging International, a DEME Group's subsidiary. The transition pieces will be manufactured in joint venture…

McDermott Awarded Contract for CB&I Storage Tanks

Image: McDermott

McDermott International, the fully integrated provider of technology, engineering and construction solutions to the energy industry, announced a contract award for CB&I storage tanks from Nan Ya Plastics Corporation.McDermott's scope of work includes the engineering, procurement, fabrication and construction of four internally framed stainless-steel umbrella roof tanks in Point Comfort, Texas.

First Steel Cut for Karish and Tanin FPSO

(Image: Energean)

Energean Oil and Gas announced that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, on Monday. The FPSO is scheduled to be delivered to the Karish field offshore Israel in late 2020, ahead of first production in the first quarter of 2021.The FPSO, which will be installed 90 kilometers offshore, will be the first FPSO to operate in the Eastern Mediterranean. It will have a gas treatment capacity of 800 MMscf/day (8 BCM/per annum) and liquids storage capacity of 800…

Heerema Fabrication Group Sells UK and Netherlands Yards

Image: Heerema Fabrication Group

Dutch offshore construction and engineering company Heerema Fabrication Group (HFG) intends to divest a significant part of its activities in the field of design and fabrication of complex steel constructions for the offshore market.HFG has been struggling for some time with insufficient project volume and marginal profitability. In addition, the risks associated with building topsides are high and clients are not prepared to pay for this risk.As a…

BY THE NUMBERS - Offshore Supply Vessels: Balanced Continued Pressure with Gradual Recovery

Credit: Alix Partners

Global consulting firm AlixPartners, in a new paper entitled, “Too many ships, too few rigs: why recovery is still a distant dream for the OSV sector,” warns that companies counting on a quick return to stability in the OSV sector are in for a rude awakening.The September report goes on to say that OSV companies continue to face pressure due to a radically changed oil industry and must take quick and decisive action in order to survive in what should be considered the ‘new normal.’Separately…

Lundin Norway Awards EPCI Contract to WorleyParsons

Managing Director of Rosenberg WorleyParsons, Jan T. Narvestad and Managing Director of Lundin Norway, Kristin Færøvic. Photo:  Lundin Norway

Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (EPCI) by Lundin Norway ASO in the Norwegian Continental Shelf.The services include planning, engineering, prefabrication, offshore installation and commissioning support. The objective of the modification is to prepare Lundin’s Edvard Grieg platform to receive and process oil and gas from nearby offshore fields.The project starts immediately and has a duration of two and a half years.

Decommissioning Gets into Deep Water in GoM

(Credit: LOC)

LOC Group’s Houston office provides perspective on decommissioning developments in the Gulf of Mexico.The Gulf of Mexico basin covers approximately 1.6 million km2 and is one of the most important petroleum production regions in the world. A significant portion of the area is shallow continental shelf waters. These areas were developed first by oil companies, with deeper water development only being undertaken once the ‘easier’ sites had been exploited.

MHI Vestas Signs Tower Contract, Expands in Taiwan

Photo: MHI Vestas Offshore Wind

MHI Vestas Offshore Wind, a  joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, signed a conditional contract  with CS Wind/Chin Fong the local manufacture of towers, as wind industry veteran takes the reins at newly formed entity in Taipei.MHI Vestas is firming up its localisation plans in Taiwan as the company held a signing ceremony today for the manufacture of wind turbine towers in Taichung Harbour.“Our activities this week underscore our strong commitment to the Taiwan offshore wind market and the buildup of a local supply chain…

Babcock Delivers World's Largest LNG Bunker Supply Vessel

Image: Lloyd's Register

Babcock International is celebrating the completion of its ‘first of its kind’ and the world’s largest liquefied natural gas (LNG) bunker supply vessel, M.V. Kairos, as it is delivered to Babcock Schulte Energy (BSE).BSE is a 50:50 joint venture between Babcock and Bernhard Schulte Shipmanagement (BSM)."This achievement follows the success in meeting a series of critical programme milestones after initial ship award in December 2016 and highlights the strength of the relationship between the two organisations…

Kvaerner Wins Sverdrup Jacket Number Four

(Image: Kvaerner)

Norway's Equinor has awarded a NOK 900 million ($107 million) contract to local contractor Kvaerner for delivery of the steel substructure for the Johan Sverdrup Phase 2 process platform.The engineering, procurement and construction (EPC) award will see Kvaerner deliver the fourth substructure for the Johan Sverdrup Field in the Norwegian North Sea, one of the world's largest ongoing offshore projects.The steel jacket substructure for the Phase 2 process platform will be delivered from Kvaerner's specialized facility in Verdal, Norway during spring 2021.

MethaShip Project Projects Methanol as Future Fuel

Pic: The Methanol Institute

The Methanol Institute has welcomed the findings of the MethaShip research project which has concluded that renewable Methanol offers a long term solution for the industry’s ambitious carbon emission reduction strategy.The MethaShip partners found that Methanol can offer a dramatic improvement in emissions reduction across multiple ship types once the IMO has established the statutory framework conditions necessary for an industry-wide reduction of…

US Energy Exports to China Plummet

© Riekelt / Adobe Stock

It's probably not the kind of success U.S. President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world's two biggest economies.China's imports of U.S. crude oil, liquefied natural gas (LNG) and coal have slowed to a trickle amid the escalating tit-for-tat tariff war.Perhaps the irony of the collapse in China's energy imports from the United States was that this was the…

Stainless Steel Tubes for Extreme Offshore Conditions

Photo: Schoeller Werk

At the ADIPEC in Abu Dhabi, Schoeller Werk will be presenting its comprehensive range of longitudinally welded stainless steel tubes. The focus will be on solutions for the oil and gas industry. The family company from Germany will be showing its high-load control line and chemical injection tubes specially for this sector. The expert for longitudinally welded stainless steel tubes is thus seeking to further expand its market presence in the Middle…

2H Offshore Expands STREAM JIP

Image courtesy of 2H Offshore

2H Offshore, a riser and conductor specialist in subsea services group Acteon, has completed the first phase of the STREAM (STeel Riser Enhanced Analytics using Measurements) joint industry project (JIP) and has expanded the work into a second phase.The JIP’s participants include Anadarko, Chevron, ExxonMobil and Shell. In this collaborative effort, field data from four deepwater steel catenary risers (SCR) and one lazy-wave riser were used to provide…

US Energy Companies Fume over Rejected Steel Tariff Exemptions

© tomas / Adobe Stock

The U.S. Commerce Department recently granted a tariff exemption to oil major Chevron for its imports of 4.5-inch Japanese steel tubes for oil exploration.But the department rejected a similar request from Borusan Mannesmann Pipe to exclude 4.5-inch steel pipes imported from Turkey for casing used to line new oil wells.The reason: multiple U.S. steelmakers objected to Borusan's application, arguing they could supply the product, according to the department. Chevron drew no such objections.When U.S.

DNV GL Raises the Standard for Thermoplastic Composite Pipes

TCP (Photo: DNV GL)

DNV GL has launched a new standard that allows operators to choose thermoplastic composite pipes (TCP) instead of steel or traditional flexibles, enabling substantial cost reductions throughout the project lifecycle.After the successful and wide adaptation of the recommended practice (RP) DNVGL-RP-F119 by the industry for qualification of TCP for various applications from dynamic to static applications since its publication in 2015, the RP has now been converted to an official DNV GL standard DNVGL-ST-F119.

Canada Should Bring in Stronger Rail Cars for Crude Before 2025 - official

Photo courtesy of U.S. Department of Transportation

Canada ought to require stronger tank cars for transporting flammable liquids sooner than the current deadline in 2025, Transportation Safety Board Chair Kathy Fox said on Thursday, noting that crude-by-rail shipments are expected to rise in the country."We understand that it can't happen all at once. But we'd like to see it sooner," Fox said in an interview, without giving a specific alternative date. "We do have an ongoing concern that flammable liquids…

Marco Wirén Appointed President at Wärtsilä

Marco Wirén(Left) and Arjen Berends. Photos: Wärtsilä Corporation

Marco Wirén, M.Sc. (Econ.), has been appointed President of Energy Solutions, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective October 1, 2018.In this position, he is responsible for Wärtsilä's Energy Solutions business globally, and will report to President & CEO Jaakko Eskola.Wirén is currently the Chief Financial Officer of Wärtsilä, holding this position since August 2013. Prior to joining Wärtsilä…

Offshore Test of New Installation Technology Successful

Image provided by Van Oord

The Carbon Trust and Fistuca, in conjunction with industry partners announced the successful completion of the offshore trial of the Fistuca BLUE 25M hammer as part of the Offshore Wind Accelerator BLUE PILOT project.The industry partners include E.ON, EDPR,  EnBW, Equinor, Ørsted, Shell, Sif, SSE, Van Oord, and Vattenfall. The offshore test was carried out on August 13, 2018, using Van Oord’s offshore heavy lift installation vessel, Svanen, off the coast of the Netherlands.The BLUE Hammer is an innovative…

Oil Up as U.S. Sanctions on Iran Kick In

© zhu difeng / Adobe Stock

Oil rose on Thursday, recouping some of the previous day's steep price slide, after the first round of U.S. sanctions against Iran came into effect, although confidence in crude demand has been hit by the escalating China-U.S. trade dispute.Brent crude futures were up 19 cents at $72.47 barrel by 1315 GMT, after having lost more than 3 percent on Wednesday. U.S. crude futures rose 6 cents to $67.00 a barrel, having closed down 3.2 percent the day before.The United States on Tuesday reimposed sanctions on Iran…