Work from Home: Energy Traders Swap Shouts for Babies, Barking Dogs
SINGAPORE, March 24 -- From banks of screens and giant phones in the office, energy traders worldwide are adapting to a laptop in the bedroom -- and it's going surprisingly well.Working from home has become the new norm in the oil trading hubs of Singapore, London and New York as governments encourage physical distancing to curb the spread of coronavirus.While some energy companies have long had facilities in place to allow off-site access to trading platforms and other technology…
ABB Wins Dubai Solar Park Expansion Deal
ABB has won an order worth more than $90 million from Dubai Electricity and Water Authority (DEWA), the leading power utility in United Arab Emirates (UAE), to build the Shams 400 kV substation that will integrate solar power from upcoming phases of the Mohammed bin Rashid Al Maktoum solar park into the city’s electrical grid. This will be ABB’s second substation for the park, exemplifying the company’s commitment to deliver reliable…
Jotron Wins Deal for Johan Sverdrup Field
Jotron AS, a manufacturer of professional communication systems for land, sea and air safety, announced it has been awarded a contract for delivery of the Public Address & General Alarm (PAGA) systems to the Johan Sverdrup North Sea development. Johan Sverdrup is one of the largest oil discoveries on the Norwegian continental shelf. The field production is estimated to represent approximately 25 percent of all Norwegian oil production when it reaches full production.
Radio Holland Inks Service Deal with BW Fleet Management
Radio Holland, part of Imtech Marine, has concluded a service agreement with leading tanker, gas and offshore maritime group BW Fleet Management (BWFM). The two-year agreement covers all the navigation and communication equipment onboard 13 LPG vessels. Radio Holland also provides remote support for these vessels. This week Radio Holland is present at the Nor-Shipping event in Oslo (Norway) at booth B02-36. BWFM has technical responsibility for more than 50 vessels including Very Large Crude Carriers (VLCCs)…
SignalFire Debuts Remote Shutdown System
In challenging environments, such as oil fields, equipment often must be shut down remotely. For instance, when a tank that collects oil or water from several wells becomes full, wells must be shut down to prevent overflow. Because of the oil-field layout, the decision to shut-in a well (usually conducted near the tanks) is often made far away from the actual wells. For this type of monitoring and control, SignalFire Wireless Telemetry offers the Remote Shutdown System (RSDS)…
Arctic Energy Exploration Efforts Heat Up
Oil and gas—and also mining—are the drivers today propelling Arctic maritime operations and the construction of new vessels able to operate in extreme latitudes. While the gas and oil resources can be recovered in the Arctic or far north and shipped to markets by sea or pipeline, the cost of doing must be balanced upon the global market price for those commodities. Ships and marine structures able to operate in the harsh conditions of the extreme latitudes require special designs and construction techniques.
