Monday, September 16, 2019

Supply Chain News

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…

Scotland Funds World's Most Powerful Tidal Turbine

Image: Orbital Marine Power

The Scottish Government announced that it has awarded engineering company Orbital Marine Power GBP3.4mln (USD 4.1million) in funding for its floating tidal turbine, which is…

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…

Jan De Nul Installs Cables for Formosa

All 3 export cables on Formosa 1 Phase 2 safely installed. Image: Jan De Nul Group

The provider of specialized services for the offshore industry, Jan De Nul Group said that its cable laying vessel Willem de Vlamingh has completed installation of the three…

MOL to Develop Zero Emission Alt Fuel

Image: MOL (Original Source: CCR)

Japanese shipping group Mitsui O.S.K. Lines (MOL) announced that it has joined the Carbon Capture & Reuse (CCR) Study Group and launched the "Cross-industrial Working Group…

UK Plans to Boost Drilling

The Oil and Gas Authority (OGA), UK has published for the first time a Wells Strategy which provides a framework of how the OGA and industry will work together to deliver increased…

Neptune Acquires Interests in Offshore Indonesia

Image: Eni

Neptune Energy East Sepinggan, subsidiary of the European exploration and production company Neptune Energy has agreed to acquire interests from the Eni East Sepinggan Limited…

Top Turbine Makers to Spend $2.6bln on R&D

Image:  Wood Mackenzie

Research and development (R&D) expenses among the world's top ten wind turbine manufacturers are expected to exceed $2.6 billion by 2023.The  R&D expenses more than doubled in the last four years…

Kawasaki Begins Hydrogen Project

Image of the Hydrogen Liquefaction and Loading Terminal by Kawasaki Heavy Industries

Japanese public multinational corporation Kawasaki Heavy Industries and its subsidiary company based in Melbourne Hydrogen Engineering Australia announced commencement of construction…

Sparrows Secures Vendor Approval from Aramco

Sparrows local Kingdom of Saudi Arabia operations assistant Sultan Ghamdi, and regional accountant Mariam Aleid (Photo: Sparrows Group)

Aberdeen-based equipment and integrated engineering services company Sparrows Group said it has bolstered its position in Saudi Arabia after securing vendor approval status…

SPARK Joins OSC for $450mln Biz Incubator

Photo: Saudi Arabian Oil Co.

Saudi Aramco's King Salman Energy Park (SPARK) and Dubai-based Oilfields Supply Center Ltd. (OSC) signed an agreement to establish OSC as an anchor tenant at SPARK.OSC will…

Atlantic Offshore Wind: Favorable Winds for Maritime

© 3plusx/Adobe Stock

Now that the United States finally can envision steady winds blowing from the Atlantic Seaboard due to a pipeline of offshore wind farms on the horizon, the maritime industry…

Orsted to Build NJ's First OWF

Image: Ørsted

Denmark’s Ørsted won New Jersey’s first offshore wind solicitation with a 1.1-gigawatt project Ocean Wind, the largest offshore wind project to secure a development deal with a U.S.

Infinity, Medserv Form Services JV

Aberdeen-based Infinity Oilfield Services and Malta-based Medserv have formed a new joint venture named InMedCo, to provide a broader portfolio of highly specialized technical…

Renewable Energy Brings 11 Million Jobs

Image: IRENA

According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018. This compares with 10.3 million in…

EnFAIT Tidal Project Claims Success

Image: Enabling Future Arrays in Tidal (EnFAIT)

Enabling Future Arrays in Tidal (EnFAIT), the flagship EU tidal energy project, has reduced the cost of tidal energy by 15 per cent and grown its supply chain from four to 14 EU countries…

Oilfield Services Pricing Rises

Graph: Rystad Energy

Oilfield services companies are in bullish mode. They are now able to raise prices for their products and services, after several years of gloom.“Oil and gas investments are on the rise…

World's Longest Wind Turbine Blade Debuts

Image: LM Wind Power

The American supplier of rotor blades to the wind industry LM Wind Power, part of GE Renewable Energy, has displayed its first 107-meter blade, for GE’s Haliade-X 12 MW wind turbine…

KCA Deutag Names Elkhoury CEO

Image: KCA Deutag

Drilling and engineering contractor KCA Deutag has appointed a new chief executive Joseph Elkhoury, as ­current boss Norrie McKay prepares to retire. McKay will remain with…

NOIA: VA Offshore Wind is a Win for Americans

NOIA President Randall Luthi issued the following statement after Dominion Energy and its partner Ørsted began construction of the Coastal Virginia Offshore Wind (CVOW) Project…