Baker Hughes will supply pipe systems for Brazil's Petrobras
Baker Hughes, a provider of oilfield services, announced on Monday that it had signed an agreement with Petrobras to provide 77 kilometers (47.85miles) of flexible pipe system for Brazil's Santos Basin pre-salt field. Santos Basin, an offshore oil and gas-rich region off Brazil's southeast Atlantic coast. The basin is the largest in the country and has attracted major investment from oil and gas producers around the world including Shell, CNOOC, and TotalEnergies.
Floatgen Output Doubles in H2 2019
The 2 MW Floatgen floating wind turbine, the first wind turbine installed offshore France, more than doubled its power production in the second half of 2019 compared to the first semester, reaching an annual total of 6GWh.According to the developer Ideol, which installed floating foundation on the Sem-Rev test site (Atlantic Coast of France), the number was achieved because of a time availability…
OP/ED: Offshore Wind
Set to Soar, Taking Offshore Support Industry With it.Offshore energy development is opening a new front in the United States -- the Atlantic seaboard, with strong winds, a shallow continental shelf and a proximity to dense population centers is driving strong interest in offshore wind development. The offshore oil and gas supply chain stands to benefit in a big way from billions in coming investment. In fact, it is already playing a role.
TC Energy: Order Blocking Keystone XL Pipeline Lifted
TC Energy Corp's long-delayed Keystone XL oil pipeline took a small step forward this week, after a U.S. court overturned an injunction that barred certain work on the project, the company said.The company, which also reported a better-than-expected quarterly profit on Thursday, has been working for more than a decade to build the controversy-ridden 830,000 barrel per day (bpd) pipeline.KXL would run from an oil hub at Hardisty…
U.S. Court Vacates Dominion Atlantic Coast Natgas Pipe Permit
A U.S. appeals court in Richmond, Virginia, on Friday vacated a permit by the U.S. Fish and Wildlife Service that allowed Dominion Energy Inc to build its Atlantic Coast natural gas pipe from West Virginia to North Carolina in areas inhabited by threatened or endangered species.(Reuters, Reporting by Scott DiSavino; editing by Jonathan Oatis)
Offshore Wind – A Brief History
Happy 80th birthday Maritime Reporter & Engineering News! Eighty years is a significant publishing and business accomplishment!Birthdays always cause a look back. An 80-year review starts in 1939, the close of one very challenging decade, the start of events still reverberating today. History’s most important history is contained in the last 80 years.Energy dominated every one of those decades. Consider energy use, say, starting after World War II, from 1950 to 1975.
A New York State of Mind
“A new industry is being established in New York, with the primary stimulus being a state-driven procurement process.”New York State Public Service Commission (PSC), July 12, 2018.To a great extent, this PSC comment provides direct insight into the dynamics behind New York’s pace-setting moves to establish offshore wind. First, this new energy development is deliberate – not left to chance or laissez faire markets.
VA Offshore Wind: A Strong Foundation
Virginia officials have established a well-planned, extensive strategy to build out an offshore wind industry, including wind towers for electricity generation and the supply chain to support that extensive infrastructure and operations. The State’s big picture is ambitious: developing 2,000 MW of offshore wind by 2028.As currently envisioned, VA’s offshore wind development will likely start this year with two 8-megawatt wind turbines 27 miles off the coast of Virginia Beach.
U.S. LNG Exports Soar, Europe a Big Buyer
U.S. LNG to Europe may squeeze out smaller gas suppliers.Shipments of U.S. liquefied natural gas (LNG) have gathered pace in March and Europe is set to stay a top destination for spot cargoes with Asian prices still too low to ship the chilled fuel that far.But winter demand for gas is fading, while steady supplies of gas and LNG have kept inventories well stocked, depressing European gas hub prices.
Elengy's Fos Tonkin LNG Capacity for Sale
French liquified natural gas (LNG) terminal operator Elengy, a unit of the energy giant Engie, is preparing the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030.Within the sale process, Elengy will offer its potential customers several types of services, including the conventional unloading of Medmax-type LNG tankers (vessel with a capacity of 75,000m3 of LNG)…
New York Launches Metocean Surveys
The New York State Energy and Research Development Authority (NYSERDA) unveiled two contracts with Ocean Tech Services and DNV GL for using floating lidar technology to study the metocean conditions off New York’s coast.The meteorological and metocean survey work off the coast of New York are being carried out as part of the US state's offshore wind plans.Executing this multi-year project advances and supports Governor Cuomo’s Green New Deal…
YPF to Spend Billions to Boost Oil and Gas Output
Argentina's state-controlled oil company, YPF, will significantly boost oil and gas production, investing between $4 billion and $5 billion per year through 2022, Chief Executive Daniel Gonzalez told Reuters on Friday.It plans to raise production by between 5 percent and 7 percent per year, with the largest increase in the Vaca Muerta formation, one of the world's largest reserves of shale…
Morocco Preparing Tender for $4.5 bln LNG Project
Morocco is preparing to invite bids for a liquefied natural gas (LNG) project in Jorf Lasfar worth $4.5 billion, Energy Minister Aziz Rabbah said on Monday.Speaking on the sidelines of an energy conference in Marrakesh, he declined to give details.Last year, Moroccan state-owned power utility ONEE said it had picked HSBC Middle East Ltd as financial adviser for its plan to boost imports of LNG.The project includes the import of up to 7 billion cubic metres of gas by 2025, and the
Guyana Puts Oil Auctions on Hold
Guyana has put planned oil auctions on hold as the impoverished South American country works to establish a Department of Energy to oversee the energy boom, Minister of State Joseph Harmon said on Monday.Since 1999, Guyana has awarded a group led by Exxon Mobil Corp hundreds of oil blocks along Guyana's maritime borders with Venezuela and Suriname. Their finds are turning Guyana, a country with no history of oil production and relaxed energy regulation…
Exxon Expects More Oil from Guyana's Offshore Block
Exxon Mobil Corp and its partners now expect the large Stabroek oil block offshore Guyana to contain about 25 percent more recoverable resources than estimated, they said on Monday.Exxon and U.S.-based partner Hess Corp said more than 4 billion barrels of oil equivalent could be recovered from the Stabroek block, which is part of one of the biggest oil discoveries in the world in the last decade.The previous estimate was 3.2 billion barrels of oil equivalent…
Trump Effort to Lift U.S. Offshore Wind Sector Sparks Interest
The Trump administration wants to fire up development of the U.S. offshore wind industry by streamlining permitting and carving out vast areas off the coast for leasing - part of its 'America First' policy to boost domestic energy production and jobs.The Europeans have taken note.The drive to open America's offshore wind industry has attracted Europe's biggest renewable energy companies, who see the U.S.
Shell Gets Mexico LNG Supply Tender
Royal Dutch Shell will supply Mexico with six LNG cargoes to be delivered in May and June, Reuters has reported, citing trade sources. State-run utility CFE held a tender on 2 May for deliveries to Mexico’s Altamira terminal in the Gulf of Mexico. According to the tender, deliveries are set to be made to the Vopak-operated Altamira LNG import terminal on Mexico’s Atlantic coast. There are six delivery windows for each cargo staggered throughout May and June.
Kinder Morgan Halts Most Work on Disputed Canada Pipeline
Kinder Morgan Canada on Sunday suspended most work on a C$7.4 billion ($5.8 billion) oil pipeline expansion that has become the focus of protests, a move underscoring uncertainty over major energy projects in Canada. Company Chairman Steve Kean said he would scrap plans to nearly triple the capacity of the Trans Mountain pipeline, which takes crude from Alberta's oil sands to a facility in the Pacific province of British Columbia…
Dominion to Complete Atlantic Coast Natgas Pipe by End 2019
The response from the company came after the U.S. Virginia lifts its tree clearing restrictions on migrating habitats on Aug. 30 for birds and Sept. One billion cubic feet of gas is enough to fuel about 5 million U.S. Atlantic Coast is a partnership between units of Virginia energy company Dominion, North Carolina energy company Duke Energy Corp and Georgia energy company Southern Co .
US States Slow Trump Offshore Oil Drilling Expansion Plan
The Trump administration's plan to broadly expand drilling in U.S. offshore waters is moving slowly due to opposition from coastal states and indifference from oil companies that have turned their focus to other opportunities. The administration hopes encouraging U.S. energy development outside of shale oilfields will further its goal of "energy dominance." But existing Obama administration lease rules remain in place through 2022 unless the new rules gain approval.
