Sino-Danish Focus on Energy Efficient Ships
A delegation from the Chinese Ministry of Industry is visiting Denmark as part of the cooperation between the two Administrations. A Danish-Chinese workshop on energy efficient ship design and marine equipment will be held during the three-day visit. The workshop will be attended by the Danish Maritime Authority, the Chinese Ministry of Industry and other Chinese authorities, as well as shipowners, marine equipment manufacturers, the Technical University of Denmark (DTU) and Danish Maritime.
Jurong Port, NTU Pursue Alternative Energy Research
Jurong Port and Nanyang Technological University, Singapore inked an MoU at the Singapore Maritime Institute (SMI) Forum 2017 today to jointly pursue R&D in areas such as Smart Multi-Energy Systems, Alternative Energy Source Applications and Environmental Monitoring Solutions. The MoU signing was witnessed by Dr Lam Pin Min, Senior Minister of State for Transport and Health. The MoU, covering a period of five years, will have both parties jointly: (a) Conduct research projects and testbed solutions as part of Jurong Port’s Living Lab programme.
Statoil’s NY Offshore Wind Project Named 'Empire Wind'
Empire Wind is the project name of Statoil’s offshore wind site located off the southern coast of Long Island, N.Y. “The name Empire Wind captures the pivotal role that this important project will play in helping New York achieve its ambitious renewable energy goal,” said Statoil’s Empire Wind Project Director, Christer af Geijerstam. The 79,350 acre site, secured by Statoil in a federal auction in December 2016, has the potential to generate up to 1GW of offshore wind power for New York City and Long Island…
DNV GL’s New WindFarmer
DNV GL, the world’s largest resource of independent energy experts and certification body, has launched WindFarmer: Analyst, its new software tool designed for optimised wind resource assessments. The software provides an intuitive step-by-step approach to calculating the potential energy yield of a wind farm project, delivering increased calculation transparency and accuracy. The new wind resource assessment and analysis tool, is built on the experience of conducting “bankable” energy production assessments on over 200…
Trelleborg Suite Supplied to Prelude FLNG
Trelleborg’s marine systems operation has supplied a suite of products to Shell’s Prelude FLNG facility, the largest offshore facility ever constructed. Prelude, which is 488 meters long, 74 meters wide, and made with more than 260,000 tons of steel, will extract and liquefy natural gas from a site in North West Australia. Trelleborg supplied its gas transfer technology and SafePilot navigational and piloting systems for Prelude. “Our SafePilot solution…
ABS Awards AIP for HHI FLNG Hull Design
ABS has granted Approval in Principle (AIP) to Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. ABS and HHI collaborated with the objective of developing a technically feasible and class compliant FLNG hull design, using the latest industry trends while maintaining high safety standards. The ABS AIP demonstrates the design substantially complies with Class and Regulatory requirements and minimizes risk to project schedules and safe operations, giving regulatory agencies and other key stakeholders confidence in the design.
Wison Launches Buoyant Tower Solutions with Storage
Wison Offshore & Marine has developed a new Buoyant Tower solution with condensate or oil storage, adopting Wison’s proprietary Buoyant Tower technology. This floating concept provides a new economic and reliable option for the oil and gas development in the shallow to medium-depth waters. Originally invented by Ed Horton and Lyle Finn, the Buoyant Tower technology was first applied to BPZ CX-15 project offshore Peru when both Ed and Lyle worked for Horton Wison Deepwater Inc. (HWD), now renamed as Wison Offshore Technology Inc.
Rovco Wins Gwynt y Môr Windfarm Contract
Rovco has been awarded a three-year contract to support one of the world’s largest offshore wind farms, Gwynt y Môr, eight miles off the coast of North Wales in the U.K. The U.K. subsea company said it will provide its underwater ROV 3D visual survey solution, alongside traditional video, blueview sonar and cathodic protection analysis techniques. Gwynt y Môr consists of 160 turbines that generate enough energy for more than 400,000 homes across the country.
BP, Shell to Lead Blockchain-Based Energy Effort
A consortium including energy companies BP and Royal Dutch Shell will develop a blockchain-based digital platform for energy commodities trading expected to start by end-2018, the group said on Monday. Other members of the consortium include Norwegian oil firm Statoil, trading houses Gunvor, Koch Supply & Trading, and Mercuria, and banks ABN Amro, ING and Societe Generale. Blockchain technology, which first emerged as the architecture underpinning cryptocurrency bitcoin…
Offshore Decommissioning: New Reefing Solution Unveiled
While the reefing of retiring offshore structures makes sense to many, such projects often struggle to address the regulatory hurdles, public perception and who takes the enduring liability for the asset, says decommissioning specialist Xodus Group, who has teamed with stabilization and artificial reef specialist Subcon International to offer a new solution. The partners say their Integrated Rigs to Reefs (IR2R) solution will be available globally…
Newbuild Rescue Vessel Bound for Breagh Field Deployment
A new multi-role emergency response and rescue vessel (ERRV) built by Aberdeen-based Sentinel Martine as part of a £110 million ($145 million) investment has been deployed to operations in the southern North Sea. Forties Sentinel was officially named at a ceremony in Great Yarmouth. Forties Sentinel has been contracted to INEOS Breagh to provide support for the firm’s production facilities in the Breagh gas field. INEOS has also chartered a second ERRV from the Sentinel Marine fleet – Sentinel Ranger – for the field.
Construction Starts on Serbian Oil Firm's New Deep Conversion Complex
Serbian oil company NIS, majority owned by Russia's Gazprom Neft, started construction on Monday of a 300 million euro ($352 million) deep conversion complex at its main refinery, which it says will boost efficiency and reduce pollution. The project at the Pancevo refinery is part of the second phase of a Gazprom Neft programme to modernise NIS's refining capacity, which has been ongoing since 2009 and is expected to be completed in 2019. With a capacity of 2…
Chevron Approves New Tech in North Sea
U.S. oil major Chevron has approved an investment to increase output from its Captain oilfield by using a new water-injection technology for the first time in the North Sea, the company said on Friday. Six long-reach horizontal wells will be drilled in the 20-year-old field, around 90 miles northeast of Aberdeen. They are expected to raise the recovery rate 5 to 7 percent. Polymerised water will be injected into the field's oil reservoir, a new technique to tap oil reserves that are hard to reach with conventional drilling methods.
Tendeka Wins Lower Completion Contract in Middle East
Tendeka has been awarded a project to supply the Kuwait Oil Company (KOC) with its Inflow Control Device (ICD) technology which will enhance production through more effective reservoir management. The multimillion-pound deal will involve Tendeka installing Advanced ICD equipment in 55 horizontal wells over two years in Northern Kuwait. Tendeka will perform reservoir simulations for each well, working closely with KOC to ensure optimum reservoir performance. Tendeka has installed over 7,000 passive ICDs and 20,000 autonomous ICDs globally.
Ketelaars Takes the Lead for DNV GL - Oil & Gas in the Americas
Frank Ketelaars took up the position of Director of Region Americas in DNV GL – Oil & Gas on 1 October, as North America’s energy system undergoes a transition. DNV GL’s recently published Energy Transition Outlook shows significant shifts in US federal energy and climate change policies. Reducing dependence on imports is a key driver for the energy transition in North America. Large shale gas reserves have enhanced energy security, enabling the substitution of coal-fired power plants with gas-fired capacities and complementing the shift to renewables.
Ichthys Explorer Moored off Western Australia
The world’s largest semi-submersible platform, the Ichthys Explorer, has been safely moored in the Ichthys Field, 220 kilometers off the north coast of Western Australia, where it will be located for 40 years, as part of the INPEX-operated Ichthys LNG Project. Bardex Corporation supplied four moveable Chain Jacks and 28 underwater Barlatches to support the handling of 28 mooring lines. The mooring operation was completed ahead of schedule with the assistance of Bardex lifecycle services.
N-Sea Begins Work in Cameroonian Offshore Market
Subsea services provider N-Sea said it has begun work in the Cameroonian offshore market, via a contract win with Dutch offshore lifting and transportation company Jumbo Offshore. With phase one completed in mid-July, the project takes place off the shores of Cameroon’s South Province, as a part of the Hilli Episeyo Subsea Soft Yoke Installation. N-Sea’s workscope comprises diving and remotely operated vehicle (ROV) support, performing all subsea installation of the soft yoke system.
IKM Cleandrill to Start Operations in Azerbaijan
IKM Cleandrill is slated to begin its first offshore operations in the Caspian Sea in early 2018, after having been awarded a contract for riserless mud circulating system services by Total E&P ABSHERON BV on behalf of Joined Operating Company for Absheron Project (JOCAP), a 50/50 joint venture between SOCAR and Total. IKM said the contract will include the installation of its MRR500 mud recovery system onto a new semisubmersible drill rig, and…
MAN’s Subsea Compressors Reach Field Proven Status
Both subsea compression trains at Statoil’s Åsgard field have achieved more than 25,000 operation hours with an availability close to 100 percent. The world’s first subsea gas compression facility features two MAN Diesel & Turbo HOFIM motor-compressor units. The Åsgard subsea compression system has officially reached the highest Technology Readiness Level (TRL) 7 with both trains surpassing 10,000 operating hours. The subsea facility demonstrated…
DNV GL to Host Event at Spadeadam Facility
The UK Explosion Liaison Group (UKELG) is to hold its 35th anniversary event at DNV GL’s Spadeadam Testing and research facility, in Cumbria. The event, is to be held from October 10th to 12th 2017. Four topics will cover themes for the three day meeting, which is to be hosted at the Lord Cullen training center on the site. The subject matter will include High Explosives; Dust Explosions; DDT and High Consequence Deflagrations and Hydrogen explosions.
Wison Granted AIP for Its Innovative Floating LNG Storage
Wison Offshore & Marine announced that it has received Approval in Principle (AIP) from Bureau Veritas for its newly-developed large-scale Floating LNG Storage and Regasification Terminal. Featuring scalable storage capacity up to equivalent size of a Q-Max, this is the first large-scale FSRU barge design that has been granted AIP by a classification society. It also marks that Wison is now capable of providing comprehensive range of FSRU solutions catering LNG import markets with various scales of demand.
Statoil Set to Drill Its Biggest Arctic Hope
Norway's Statoil will soon start drilling this season's most promising Arctic prospect, Korpfjell, after several disappointing wells in the Barents Sea, the company said on Monday. The majority state-owned company has stepped up drilling in the Barents Sea this year as the government seeks to attract more explorers to its Arctic waters to make up for declining North Sea output. The Norwegian Petroleum Directorate said on Monday Statoil's latest well in the Barents Sea, Gemini North, had found only minor volumes of gas and oil.
TWMA Wins North Sea Contract with Azinor Catalyst
TWMA, a provider of drill cuttings and slop handling, management and treatment solutions, said it has been awarded a contract estimated to be worth around £1 million with UKCS-focused E&P company, Azinor Catalyst Limited. The project, which commences in August 2017, will see TWMA provide drill cuttings containment and processing services on the Ocean Guardian rig in the Central North Sea. Azinor Catalyst has contracted the semi-submersible rig for the drilling of two wells in 2017.
Big MHI Vestas Test Wind Turbine on Fire
A test version of MHI Vestas' V164, the world's most powerful windturbine, has caught fire at a test centre in the west of Denmark. "Our technicians and experts will look into what has caused the fire," a Vestas spokesman told Reuters, declining to comment further. The V164 model is MHI Vestas' top model designed to challenge Siemens Gamesa, the market leader in the growing offshore market. MHI Vestas is a joint venture of Japan's Mitsubishi Heavy Industries and Denmark's Vestas. (Reporting by Teis Jensen; Editing by Richard Balmforth)
DNV GL's Tørstad Talks Energy Trends
When Elisabeth Tørstad took the helm as CEO of DNV GL - Oil & Gas in late 2013, the price of a barrel of NYMEX (WTI) crude oil was more than $100. Today, that price has been halved, and the 40-month period between her ascension to the top post and our meeting with her in Houston in May 2017 has been arguably the most tumultuous in the oil industry’s history. Tørstad shares with Maritime Reporter & Engineering News her insights on the market going forward.
Scientists Turn to Big Data in Hunt for Minerals, Oil and Gas
Scientists searching for everything from oil and gas to copper and gold are adopting techniques used by companies such as Netflix or Amazon to sift through vast amounts of data, a study showed on Tuesday. The method has already helped to discover 10 carbon-bearing minerals and could be widely applied to exploration, they wrote in the journal American Mineralogist. "Big data points to new minerals, new deposits," they wrote of the findings. The technique goes beyond traditional geology by amassing data about how and where minerals have formed…
Nacelle-mounted ZephIR Lidar Passes DNV-GL Verification
An independent performance verification of a nacelle-mounted ZephIR Lidar has been undertaken by DNV GL on the test site in Janneby, Germany which demonstrates the product is compliant with best-practice guidelines developed in the EUDP UniTTe programs – widely regarded and accepted as industry benchmarks for installations of turbine-mounted Remote Sensing Devices (RSDs). In the verification, the ZephIR DM nacelle-mounted lidar was mounted horizontally…
Aquaterra Signs Investment Deal with EV
Aquaterra Energy, a global offshore engineering solutions provider, has secured a multi-million pound investment from EV Private Equity as the company gears up for service expansion and new technology launches. The deal is the first to be agreed following EV’s pledge last year to invest $200 million in North Sea businesses with new technologies and high growth potential. The independent private equity firm confirmed it was seeking to invest between $10 million to $40 million in each company.
New Oilfield Comms Products from Moog Focal
Moog Focal has introduced the Quad Serial Server (QSS) module, which combines a 4-channel serial server with integrated 3-port Ethernet switch on a single 3U Eurocard to seamlessly integrate serial interface sensors with modern Ethernet-based control systems. It also enables transmission of Ethernet data over legacy serial telemetry links. The QSS has extra connectors for modular expansion, enabling the addition of more serial ports, 4-20 mA channels, and fault-tolerant CAN Bus interfaces.
LiDAR Technology for Wind Measurement
Wind measurement experts gathered in London claimed that LiDARs have been replacing met masts to become the sole wind measurement tool used for offshore resource assessment and power curve verification purposes. These experts stated that LiDAR technology had over the years fully proven its ability to provide wind measurements as reliably as met masts. They also claimed that LiDARs are faster, easier and much cheaper to deploy, enabling significant development and operational cost reductions.
NIMASA Executive Director, 23 Others Bags NSE Fellowship
The Executive Director in charge of Operations in the Nigerian Maritime Administration and Safety Agency (NIMASA), Engineer Rotimi Fashakin has been conferred with the Fellowship of the Nigerian Society of Engineers (FNSE), the umbrella body of the Engineering profession in Nigeria. The event which held at the Nigerian Air Force conference centre, Kado Abuja on Friday, June 30, 2017 also had 23 other distinguished Nigerians bagging same award. In his speech, the Chairman Board and College of Fellows of the NSE, Engr.
Partners Evaluating Conversion of Natural Gas to Hydrogen
Statoil, Vattenfall and Gasunie have signed a Memorandum of Understanding (MoU) to evaluate the possibilities of converting Vattenfall’s gas power plant Magnum in the Netherlands into a hydrogen-powered plant. The potential CO2 emission reduction is 4 million tons of CO2 per year. This is equivalent to emissions from more than 2 million cars. The next steps will involve feasibility studies to evaluate the conversion of one of the three Magnum units of Vattenfall Nuon in Eemshaven to run on hydrogen.
Wind Power's Big Bet: Colossal Turbines
Wind farm operators are betting on a new generation of colossal turbines, which will dwarf many skyscrapers, as they seek to remain profitable after European countries phase out subsidies that have defined the green industry since the 1990s. The world's three leading offshore wind operators - DONG Energy, EnBW and Vattenfall - all told Reuters they were looking to these megaturbines to help adapt to the upcoming reality with dwindling government handouts.
YPF Says Technology Lowering Its Shale Costs
Longer horizontal wells and technology improvements will help Argentine state-run oil company YPF SA lower costs at its most productive shale field, but better infrastructure is still needed in the remote Vaca Muerta play, an executive said. The breakeven price at the Loma Campana field is $43 per barrel and falling while development costs are $12.90 per barrel and expected to fall to $10 next year, said Pablo Bizzotto, executive manager at YPF's unconventional resources unit.
Statoil Cleared to Use Cap-X Drilling Technology – for Now
A ban on Norway's Statoil using a pioneering drilling technology in the Barents Sea was lifted after a plaintiff failed to post security in a patent dispute, a lawyer said on Thursday. A Stavanger court earlier in June upheld an injunction on the technology's use, pending payment of a 20 million Norwegian crown ($2.35 million) security by privately owned NeoDrill. NeoDrill was unable to post the security due to its "very limited economic position".
Wanted: Ocean Technology ‘Disruptors’
Technology ‘Disruption’ is the name of the game in ocean technology in 2017, and in-step with Marine Technology Reporter’s 12th Annual “MTR100”, the editors this year will single out the 20 top “Disruptors” of 2017. If you believe your company has a technology or system that should be featured in this special ocean technology focus, skip the online MTR100 application process and email editorial director Greg Trauthwein ([email protected]) or Managing Editor Eric Haun ([email protected]) directly.
LR Verifies BP FPSO Glen Lyon
The Glen Lyon floating production storage and offloading (FPSO) vessel, BP’s newest North Sea asset, was awarded full-term classification certificates for service in the Schiehallion and Loyal fields, 175 km west of Shetland. Conditions west of Shetland are among the most severe in the UK and Glen Lyon must be capable of operating in extreme weather. Classification means the Glen Lyon FPSO has been verified for operation to the highest levels of safety and performance by LR.
World First: Commercial Onshore Remote WROV Ops
Norwegian ingenuity in the subsea space strikes again, as IKM Subsea, based in Bryne, Norway, has opened what it believes is the world’s first commercial onshore controlled ROV operations. In the near future up to three Work class ROVs and one Observation ROV on Statoil’s Snorre B and Visund installations will be controlled from IKM Subsea’s onshore control center. One of the Work Class ROVs (RROV) has been designed and engineered to be permanently based on the seabed and will only be brought to surface for periodic maintenance.
Tampnet Awarded Johan Sverdrup Contract
Tampnet, provider of high-capacity, low-latency based telecommunication infrastructure and services for the offshore oil and gas industry, was awarded a contract by Statoil for connecting the Johan Sverdrup field to their existing 2,500km subsea fiber infrastructure in the North Sea. This contract and turn-key project will optimize and strengthen the telecommunication infrastructure for this modern and digitalized field development. Tampnet said its offshore network is built with continuous improvement and expansion in mind.
Sea Swift: New Platform Operational in Egypt
Global offshore engineering solutions provider Aquaterra Energy has designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Company’s (AMAPETCO) Amal field in the Gulf of Suez, offshore Egypt. The Sea Swift is a Conductor Supported Platform (CSP) and is installed in 23 meters water depth. It included a 385 metric ton topside featuring a helideck and emergency accommodation with provision for six wells.
Statoil's Digitalization Drive
Statoil is establishing a digital center of excellence and launching a roadmap with seven specific programs for digitalization in the company towards 2020. Towards 2020 Statoil expects to invest $120 to $240 million in new digital technologies, accelerating the digital roadmap work. Digital technologies will also be part of other Statoil technology and research projects. “Aiming to be a global digital leader within our core areas, we are now stepping up our efforts to capture opportunities provided by the rapid development within digital technologies…
New Subsea Consultancy: 1CS1
Recently established Aberdeen-based subsea integrity consultancy, 1CSI (1 Consulting Subsea Integrity) has marked the launch of its business with a move into premises at the James Gregory Center in the Aberdeen Innovation Park, Bridge of Don. The company was established in April by Matthew Kennedy and Aleksandra Tomaszek and offers solutions to global subsea challenges. This, includes, but is not limited to, fit-for-purpose assessments of deep water flexible risers through the inspection of concrete coated subsea pipelines…
China Resumes Light Cycle Oil Imports
China has resumed imports of light cycle oil (LCO) after buyers cancelled shipments in April, as a planned Chinese consumption tax has not been announced, four industry sources said this week. Less than 1 million tonnes of LCO are being shipped from South Korea to China in May and June, compared with a peak of 2 million to 3 million tonnes, said two of the sources, both from South Korean refiners. The lower volumes reflects cautious buyers, they said.
Eoltech Wins Repeat Contracts
Wind energy consulting firm Eoltech announced that it won contracts from major French customers to deploy IREC-Index. With this advanced multi-source wind energy index, Eoltech will aim to refine the monitoring of 24 wind farms in France, representing a total output of 500MW. IREC-Index will enable Eoltech’s clients to check the consistency of their fleet’s output against the available wind resource to detect potential turbine performance discrepancies.
Sonatrach CEO Urges Simplifying Business, Focus On Output
The new chief of Algeria's state energy company Sonatrach has urged employees to simplify bureaucracy, and focus on the core business of production as the North African state deals with lower oil prices, an internal company letter shows. The message from new CEO Abdelmoumen Ould Kadour was sent to Sonatrach employees just over a month after he took the job as the oil giant's sixth chief executive in seven years, a period marked by instability and a collapse in global crude prices.
Kongsberg Maritime, SES Form Strategic Alliance
Kongsberg Maritime Inc., the North American division of Norway headquartered marine and offshore technology company Kongsberg Maritime, and Houston headquartered Stress Engineering Services (SES) have formed a strategic alliance to better serve existing and new clients with cost effective engineering services and fully integrated technical solutions within offshore drilling and floating production systems. By combining Stress Engineering Services’…
Neoen Chooses O&M Platform for Australian Wind Farm
Neoen, a renewable project developer and owner, has chosen QOS Energy’s innovative O&M management platform to monitor the performance of the 315 MW Hornsdale wind project, which will be among the largest wind farms operating in Australia once fully commissioned. The project, consisting of 96 Siemens 3.2MW wind turbines, is being built in three stages; two of which have been completed. Neoen has deployed Qantum, the IEC compliant energy management SaaS powered by QOS Energy, to monitor the two first stages of the project.
Shell Opens Technology Center in Bangalore
Shell has opened a new major technology hub in Bangalore, India, expanding the company’s R&D activities in Asia. The 52-acre, custom built technology center can house up to 1,500 experts working collaboratively on innovative projects worldwide. Shell Technology Center Bangalore (STCB) brings together R&D staff who previously worked at separate locations in Bangalore and also provides additional space for high-tech innovation and demonstration facilities.
Danfoss, General Electric Join Forces
Danfoss Silicon Power has announced it is establishing production in the U.S. and entering into a collaboration with industrial giant General Electric (GE). The collaboration means that Danfoss Silicon Power will become the world’s leading provider of silicon-carbide (SiC) power modules. The SiC power modules will create smaller, faster, and more effective electronic devices — and are expected to revolutionize the technology within solar and wind energy as well as the future generations of electric and hybrid cars.
Hydro Group Completes MeyGen Contract
Aberdeen-based subsea cable and connector specialist, Hydro Group has completed a contract with technology developer and supplier of tidal turbines, Andritz Hydro Hammerfest (AHH). The agreement saw Hydro Group supply complete connection systems for three turbines on the world’s most advanced multi-turbine tidal stream energy development. This second MeyGen contract followed on from an announcement in November 2015 regarding a contract with Atlantis…
John Crane Discusses Technologies for Managing Gas Emissions
A United Nations panel examining the critical role gas will play in achieving the international organization’s Sustainable Development Goals has invited an expert from John Crane to showcase how the firm’s technology is reducing methane emissions in sectors of the natural gas industry by up to 95%. John Crane is a division of the global technology company Smiths Group Plc. Paul Hosking, senior product marketing manager, gave a presentation at the UN’s Economic Commission for Europe’s Committee on Sustainable Energy to the Group of Experts on Gas.
Yaskawa Invests In Large-capacity Kinetic Energy Storage Company, Teraloop
Yaskawa Electric Corporation has completed a strategic investment in Helsinki-based Teraloop, a startup grid- and utility-scale kinetic energy storage company. This equity investment aims to help Teraloop accelerate the steps needed to bring its patent-pending storage solution to the market within the next two years. The financing will allow the prototype to be finalized for a complete simulation in commercial working conditions. This latest equity…
Vestdavit mission accomplished on Ramform safety
Seatrials are underway in Japan involving Ramform Hyperion, the last of four ships built to the seismic sector’s all-time highest specifications, completing a project that shows the way distinctive design also demands innovation from the equipment keeping ships safely in service. Reckoned to be the widest monohulls at the waterline ever built, the Petroleum Geo-Services (PGS) vessels need a unique Vestdavit dual point boat handling solution to lift and lower tender boats in wave heights up to sea state 6.
BOEM : Potential Cook Inlet Lease Sale
The Bureau of Ocean Energy Management (BOEM) today announced it plans to offer approximately 1.09 million acres in Cook Inlet off Alaska’s southcentral coast in a proposed lease sale this year. Cook Inlet Oil & Gas Lease Sale 244, scheduled to take place in June 2017, would offer 224 blocks toward the northern part of the Cook Inlet Planning Area for leasing. The blocks stretch roughly from Kalgin Island in the north to Augustine Island in the south.
L&T wins $165 mln contract from refiner Indian Oil Corp
A unit of Indian engineering conglomerate Larsen & Toubro has won an onshore engineering, procurement and construction (EPC) contract from Indian Oil Corp Ltd, the country's largest refiner, worth 11 billion rupees ($165 million), it said in a statement on Saturday. L&T Hydrocarbon Engineering won the contract for setting up a 0.74 million metric tonne per annum fluidised cracking unit, including a liquefied petroleum gas treatment facility at IOCL's Bongaigaon refinery in the eastern Indian state of Assam.
MOL Invests in Self-Elevating Platform Vessel Operator
Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels(*1), from Marubeni Corporation. This is a new offshore business for MOL, following FPSO(*2), FSRU (*3), shuttle tanker (*4), and subsea support vessel (*5). It is also the first step to move into the renewable energy business field through involvement in installation of offshore wind power generation systems, which is expanding in Europe and other areas around the world.
Higher profits for Transocean
Transocean Ltd. reported their Fourth Quarter and Full Year 2016 Results. * Operating and maintenance expense was $314 million, including $30 million in favorable items associated with litigation matters. * Adjusted net income was $239 million, $0.63 per diluted share, excluding $13 million of net unfavorable items. * Contract backlog was $11.3 billion as of the February 2017 Fleet Status Report. ZUG, SWITZERLAND-February 23, 2017-Transocean Ltd.
iSURVEY Bags rig positioning, surveying contract with Shell
iSURVEY has secured a non exclusive call-off contract with Shell UK Ltd, Shell NAM, Norske Shell and Shell E&P Ireland for the provision of rig positioning and surveying services. With an effective date of 1 January 2017, the three year contract, which has the option of up to two, one year extensions, will see iSURVEY provide non exclusive rig and surface positioning services, subsurface positioning and dimensional control and platform surveys to Shell’s mobile offshore drilling units.
VBMS awarded EnBW Hohe See cabling contract
Royal Boskalis Westminster N.V. (Boskalis) announces that its subsidiary VBMS has been awarded an inter-array cabling contract with a value of approximately EUR 80 million by EnBW Hohe See GmbH & Co.KG for the 500 MW EnBW Hohe See Offshore Wind Farm. The contract includes the supply, installation and burial as well as termination and testing of seventy nine (79) 33kV inter-array cables. The project execution will commence in 2017 with cable installation activities scheduled for 2018 and 2019.
Bourbon wins Pipelay EPCI Contract for Hylia Project
Bourbon announced its first pipelay contract awarded by Total Gabon for the engineering, procurement, construction and installation of 25 km of 6” rigid pipeline as part of the Hylia Water Injection Project using Zap-Lok technology. For the execution of this contract, BOURBON is subcontracting key suppliers, mainly Cortez Subsea, for pipelay equipment and Wood Group for the pipeline design and pipelay engineering. Operations are scheduled to start in Q2 2017 offshore Gabon with an MPSV from the Bourbon Evolution 800 series.
Genoil Signs MOU for LSFO Collaboration with Bomin
Genoil Inc, (GNOLF) announced the signing of a Memorandum of Understanding (MOU) with the Bomin Group. The MOU sees the two companies confirm their mutual intent to provide a framework, which will aim to develop a co-operation agreement to supply the market with compliant low sulphur products, utilising Genoil’s technology, in conjunction with Bomin’s global physical supply and storage infrastructure. Genoil’s proprietary technology, the Hydroconversion Upgrader (GHU)…
SPE Lecturer Series Agenda, Speakers Finalized
The Society of Petroleum Engineers (SPE) Aberdeen Section has secured three international oil and gas industry experts to give a series of presentations over the next three months. Each year, as part of its mission to collect, disseminate and exchange technical knowledge, the Society of Petroleum Engineers (SPE) appoints a group of professionals who have been nominated by their peers to share knowledge and expertise through visits to local SPE Sections around the world. These global industry experts are known as SPE Distinguished Lecturers.
ExxonMobil inks patent agreement with Pason Systems
ExxonMobil has awarded to Pason Systems, Inc. the first global license of its patented Drilling Advisory System, a key component of the company’s Fast Drill technology suite. The licensing agreement accelerates the technology’s commercialization by combining Pason’s expertise in drilling data and ExxonMobil’s experience in drilling surveillance and optimization. Fast Drill combines high-end modeling of drilling physics with structured well planning and design to identify limiters and maximize performance.
H-100 Gas Turbine Completes Low NOx Testing
Mitsubishi Heavy Industries, Ltd. (MHI), Mitsubishi Hitachi Power Systems, Ltd. (MHPS) and Mitsubishi Heavy Industries Compressor Corporation (MCO) have completed testing of MHPS’s 2-shaft 120MW H-100 Gas Turbine. The H-100 utilizes the latest combustor technology and is the industry leader in terms of low NOx (single digit ppm) for full-load operations for thermal power plants as well as mechanical drive liquefied natural gas (LNG) applications, utilizing high-efficiency compressors manufactured by MCO.
J.v.G. Thoma Introduces the Automatic Robot-LayUp 2020
Solar power specialists J.v.G. Thoma GmbH have completed a further automatic robot lay-up, the result of years of research and development by J.v.G. Thoma into the most efficient ways of harnessing renewable energy from the sun. The company is renowned in the field of photovoltaic energy production for their innovative DESERT+ technology solutions, with solar panels designed for use in extreme climatic conditions. Now, with the introduction of the 120 MW…
US Oil Rig Count Steady this Week -Baker Hughes
U.S. energy companies kept the oil rig count unchanged this week, General Electric Co's Baker Hughes energy services firm said on Friday, as some analysts expect a gradual decline in overall rigs in the fourth quarter and in 2018. The rig count, an early indicator of future output, held at 738 in the week to Nov. 17, still much higher than 471 rigs a year ago as energy companies boosted spending plans for 2017 as crude started recovering from a two-year price crash.
Wison Signs MOU for Medium Large Floating LNG Power Solution
Wison Offshore & Marine has signed a Memorandum of Understanding (“MOU”) on strategic cooperation with Shanghai Electric Power Generation Group. Two parties will join their efforts in medium to large-scale floating LNG power generation barge, with regards to its product development, global marketing and technical services. Such collaboration aims to promote the commercialization of this new electrification solution while opening up a series of further cooperation in power sector between Wison and Shanghai Electric.
Deal for Floating LNG Powerplant in China
As the proliferation of LNG use spreads rapidly in the maritime and energy sectors, word from China is that Wison Offshore & Marine has signed an MoU with Shanghai Electric Power Generation Group, on a joint effrot to develop medium to large-scale floating LNG power generation barges. Wison brings a wealth of experience and integration capability in floating LNG facilities, while Shanghai Electric is a leader in core gas power equipment and EPC services for international power projects.
TWMA Appoints Garrick as CEO, President
TWMA, provider of specialized Drilling Waste Management services, is expecting its growth strategy to accelerate, with a target turnover of £200 million ($263 million) and headcount to reach 1,500 following investment from Buckthorn Partners earlier this year. To support the strategy implementation, Tony Branch will expand his current Director role within TWMA, taking over from Ronnie Garrick as CEO. Mr Garrick expands his remit as President of the Company…
Aquaterra Names Hawkes Financial Director
Offshore engineering solutions provider Aquaterra Energy has appointed Nick Hawkes as Financial Director based at the company’s headquarters in Norwich. Hawkes has more than four years’ experience in the oil and gas industry and joins Aquaterra having spent nearly 20 years with Babcock International Group where he latterly held the position as Financial Director for 15 years. Hawkes graduated from Bournemouth University in 1987 with a BA (Hons) Business Studies.
Delfin Taps China for US FLNG, but Final Investment Decision 'Challenging'
Delfin Midstream, developing the first floating facility to export U.S. natural gas, has sealed a preliminary 15-year sales deal with city gas distributor China Gas Holdings, Delfin founder and Chief Executive Officer Frederick Jones said. But industry veteran Jones told Reuters in an interview that Delfin is also tapping unnamed Chinese banks to fund its ambitious $8 billion as the current global supply overhang in liquefied natural gas (LNG), with bumper exports also expected from Australia and Qatar…
Shell Sells Out of Woodside Petroleum for $2.7 Bln
Royal Dutch Shell on Monday sold its entire stake in Australia's largest independent oil and gas company Woodside Petroleum Ltd for $2.7 billion as it pushes ahead with its vast disposal programme. Shell, which has been slowly divesting its Woodside holding, initially said its Shell Energy Holdings Australia Limited (SEHAL) unit had struck a deal with two investment banks to sell 71.6 million Woodside shares for A$31.10 ($23.79) apiece. Several hours later…
VT Halter Nabs Deal to Build LNG Bunkering ATB
As the move toward LNG as marine fuel moves foward in earnest, Singapore Technologies Engineering Ltd (ST Engineering) announced that its US shipyard, VT Halter Marine won the contract by Quality Liquefied Natural Gas Transport, LLC (Q-LNG) to build America’s first offshore Liquefied Natural Gas Articulated Tug and Barge (LNG ATB) unit. Q-LNG contracted VT Halter Marine for engineering services to complete the detailed design for the development and construction of one LNG Bunkering ATB unit.
Energy Leaders Gather for the IEA Ministerial Meeting
Ministers and top government officials from the International Energy Agency’s 29 member countries, seven Association countries – Brazil, China, India, Indonesia, Morocco, Singapore and Thailand – and other partners, as well as more than 30 CEOs from across the energy spectrum, met in Paris this week for the IEA’s 2017 Ministerial Meeting. Held under the chairmanship of Ibrahim Baylan, Sweden’s Minister for Policy Coordination and Energy, the meeting highlighted the IEA’s role as the world’s leading energy authority and a global hub for clean energy.
DNV GL Takes First Place
DNV GL won first place in a competition organized by GRTgaz, the French natural gas transmission system operator, who runs a series of challenges over the year to identify innovative concepts to optimize their operations. The winning solution is aimed at reducing the carbon emissions associated with pipeline maintenance activities. The specific objective of this innovation challenge, which is part of GRTgaz’s Open Innovation program, was to provide a solution to reduce the environmental footprint of network maintenance activities for GRTgaz…
Well-Centric Develops Compact Milling Tool
Well-Centric, an independent specialist in well integrity and production technology solutions for the oil and gas industry, will launch a new compact milling tool at the SPE ICOTA Well Intervention Conference this month. The Well-Centric Gate Valve Milling Tool is a milling tool designed to provide access to restricted wells by drilling through stuck gate valves or other blockages. Stuck valves can result in a well being out of action for months, if not years, with lost production potentially amounting to millions.
World First: LNG to Fuel Largest Containerships
The move to LNG as fuel in the maritime sector picks up steam, as CMA CGM announced plans to outfit nine of its new 22,000 TEU containerships with LNG fueled engines. A trend that started in the United States is spreading to the world, as global containershipping giant CMA CGM announced its intention to outfit its series of new 22,000 TEU containerships with LNG-fueled engines. The move to ‘clean fuel’ in the maritime sector has been rapid, spurred…
New Tool for Offshore Inspection
Aberdeen-based AISUS has invested a six-figure sum in upgrading and developing cutting edge inspection technology as it looks to further broaden its range of services and increase its geographical reach to provide its customers with the most efficient, cost-effective technological solutions. AISUS has launched an improved internal gravity deployed ultrasonic scanning tool, SIRIUS-X, for completing ultrasonic corrosion mapping within offshore caissons, risers and conductors.
Statoil Aims to Sign Power Purchase Agreement in NY in 2018
Norway's Statoil aims to sign a power purchase agreement with a U.S. utility to develop an offshore wind power project off New York, a senior company official said on Tuesday. Statoil won a lease sale of 79,350 acres offshore New York, which could be potentially used to develop up to a 1 gigawatt (GW) capacity wind power park, by bidding $42.5 million last December. "Now we need to sign a power off-take agreement to develop the project. The counterpart would be one of New York's utilities…
Hempel Launches New Coatings
Hempel is launching two new antifouling coatings, Globic 9500M and Globic 9500S. According to the manufacturer, the coatings offer customers a potential 2.5% reduction in speed loss, meaning a significant fuel savings and lower CO2 emissions improving the operational efficiency of a vessel and minimising the operator's environmental footprint. This coating series builds on Hempel's Globic technology to deliver superior antifouling performance for new buildings and dry-dockings…
AkerBP Inks Subsea Contract with DeepOcean
Aker BP ASA said it has awarded a contract to DeepOcean for subsea inspection, maintenance and repair (IMR) activities. The contract – worth a minimum of NOK 300 million ($36.8 million) during the initial three years, with an option to continue the activities for an additional six years (2+2+2) – includes remotely operated vehicle (ROV) activities related to subsea IMR on Aker BP-operated assets Valhall, Ula, Ivar Aasen, Alvheim and Skarv. “This is an important contract for Aker BP. We invited several companies to tender.
OPEC Must Think About Exit Strategy: Kemp
Smoothly exiting from the current output pact, and perhaps replacing it with another agreement, has become the most important policy question for the Organization of the Petroleum Exporting Countries and its allies. Under the current “declaration of cooperation”, issued in December 2016, OPEC with Russia and some non-OPEC countries have pledged to limit their output. Production limits were originally intended to apply for six months between January and June 2017 but have since been extended for a further nine months until the end of March 2018.
Saipem Confirms Profit Guidance
Italian oil services group Saipem swung back to profit in the third quarter despite an industry slowdown, flagging more orders on the way and confirming profit guidance. Its shares were up almost 10 percent at 1133 GMT while the oil and gas sector across Europe was up 0.5 percent. Oil service companies have been struggling to fill order books as oil majors defer projects and cut billions of dollars in costs to offset low crude prices. Saipem Chief…
U.S. Midwest Refiners Boost Output
U.S. refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields, helping their region break a historic dependence on fuel from the Gulf Coast while redrawing oil trade maps. Since the early 2000s, crude and fuel flows from the Gulf Coast into the U.S. heartland have been cut in half, as crude coming from Canada and North Dakota has pushed U.S. Midwest refining activity to record levels.
Italy Breaks up Libyan Fuel Smuggling Ring
Sicilian police on Wednesday sought the arrest of nine people, including a suspected mobster, for running a Libyan fuel-smuggling ring in which at least 30 million euros ($35 million) of diesel was sold in gas stations in Italy and Europe. A Libyan, nicknamed the "boss", used small boats to steal fuel from a refinery in Zawiya, a port city west of Tripoli, a statement from the finance police said. The fuel, stolen from Libya's National Oil Corporation (NOC), was then transferred to a larger ship off the coast of Malta and brought to Italy.
Double On-site Seal Repair on Offshore Platform in Mexico
In August a team of Hydrex divers traveled to Veracruz, Mexico for a stern tube seal repair. The operation consisted of the underwater replacement of the damaged seals on both assemblies of a semi-submersible offshore platform. The unit left the field after its project was finished and was berthed alongside to have repair and maintenance work carried out without docking. We were asked to perform the stern tube seal repairs during the available window of opportunity.
BP Eyes Smaller Renewable Investments
BP is targeting smaller and wider-ranging investments in renewable energy to avoid large losses in the sector like those it suffered earlier in the decade, Chief Executive Bob Dudley said on Wednesday. BP and peers including Royal Dutch Shell and Total have recognised the need to reduce carbon emissions in the fight against global warming, but their investment in renewables remains tiny compared to oil and gas. "We're making smarter, in many cases…
World’s First Floating Wind Farm Starts Production
The world's first offshore floating wind farm has started to deliver electricity to the Scottish grid, providing power to approximately 20,000 households. The 30MW Hywind Scotland wind farm, operated by Statoil in partnership with Masdar 25 kilometers offshore Peterhead in Aberdeenshire, Scotland, was officially opened today by First Minister of Scotland, Nicola Sturgeon. “This marks an exciting development for renewable energy in Scotland,” First Minister Sturgeon said.
SKF Launches Magnetic Bearings Tuning Service
SKF has rolled out a new service called 'certified tuning E300V2', which leverages the capabilities of the E300V2 control cabinet for SKF S2M magnetic bearings. The development is as a spin-off from a previous subsea electronic system developed for the Norwegian Åsgard project and offers the ability to monitor and control magnetic bearings from a remote location. “The new service allows machine tuning to be conducted by an OEM from their own site…
Schoeller-Bleckmann Q3 Profit Hit by $91 Mln Acquisition Charge
Austria's Schoeller-Bleckmann Oilfield Equipment will have to pay more than expected to buy the rest of U.S. unit Downhole Technology, and it will post a pre-tax loss of roughly 78 million euros ($91.6 million) in the third quarter, it said. Schoeller-Bleckmann (SBO) has bought 68 percent of the unit but acquiring the rest under an option it has will be more expensive because of Downhole's "strong growth", it said on Tuesday. "SBO's accounting principles…
Advanced Monitoring Proves Its Capabilities Offshore
New monitoring technology developed by RED Engineering has been used for the first time to improve accuracy, speed and safety during the installation of jacket foundations for wind turbines at the Beatrice Offshore Wind Farm Ltd project in the Moray Firth, Scotland. The development by the North East-based firm of engineers features remote proximity sensors to confirm the correct engagement of an internal lifting tool (ILT) in use by Seaway Heavy Lifting, a Subsea 7 company.
New Study Will Examine Hydrate Blockage in Subsea Jumpers
The University of Western Australia (UWA) is leading a joint industry project (JIP), supported by the Industry Technology Facilitator (ITF), to provide industry with a better understanding of the mechanism of hydrate growth and blockages. The 12-month study, entitled ‘Hydrate Deposit Growth in Subsea Jumpers (HyJump)’, currently has the support of industry partners, including Chevron, Total and Woodside, and is welcoming more participants to join the project.