Tech Files: Offshore Power Products
Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk Supply Service/Orsted power buoysDanish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted, are testing an innovative charging buoy that can bring green electricity to offshore wind farm service vessels and potentially to a wide range of maritime vessels.The buoy could be used to charge the smaller battery- or hybrid-electrical vessels and to supply power to larger vessels, enabling them to turn off their engines when laying idle.
Oil Traders Chase Storage Space in World Awash with Fuel
Oil traders are struggling to find enough ships, railcars, caverns and pipelines to store fuel as more conventional storage facilities fill up amid abundant supply and plummeting demand due to the coronavirus crisis.Dozens of oil tanker vessels have been booked in recent days to store at least 30 million barrels of jet fuel, gasoline and diesel at sea, acting as floating storage, as on-land tanks are full or already booked, according to traders and shipping data.That adds to about 130 million barrels of crude already in floating storage…
AIDAperla Receives Corvus Battery System
Carnival Corporation's Germany brand AIDA Cruises and Corvus Energy have signed a deal to retrofit the AIDAperla with a 10MW battery pack, the largest to date set to be featured on a cruise vessel."The order is for a 10MWh Energy Storage System (ESS) to be installed on board AIDAperla in 2020. AIDAperla, built in 2017, has the capacity of 3300 passengers and a crew of 900," said the British Columbia-based developer of maritime energy storage solutions.When installed on AIDAperla, battery storage system…
More 'Green' Power Needed To Meet Paris 2030 Target
According to DNV GL’s latest energy report ‘Energy Transition Outlook: Power Supply and Use’, eight times more wind and solar power is needed by 2030 to help meet the Paris Agreement on climate change’s target. This transition will require more than ten times power generated by the solar means and five times the wind power currently being generated in combination with other technology measures to limit global warming to well below 2 degrees and meet the targets of the Paris Agreement. The report saysthe…
Corvus Energy Wins MSA from DNV GL
Corvus Energy, a provider of energy storage solutions for marine, oil & gas and port applications, announced that DNV GL and Corvus Energy have completed the DNV GL Manufacturer Product Quality Assessment (MPQA) and have signed a Manufacturing Survey Arrangement (MSA), resulting in streamlined quality control processes and faster customer deliveries.Under the terms of the MSA, Corvus Energy has been granted the ability to witness the Factory Acceptance Testing (FAT) at its plant in Richmond, British Columbia…
Simec Inks Technology Partnership with GE
Simec Atlantis Energy is set to team up with General Electric (GE) to develop the world's largest tidal stream turbine.According to a press release from Simec, its Atlantis Turbine and Engineering Services (ATES) division will enter into a Technology Partnership and Preferred Supplier Agreement (TPPSA) with GE’s Power Conversion business (GE).Under the terms of the partnership agreement, both parties will work together and share resources for the ongoing development of utility scale tidal energy generation and associated energy storage solutions.
McDermott Awarded Contract for CB&I Storage Tanks
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.
Rolls-Royce Invests in Qinous
Rolls-Royce is investing in Berlin-based start-up company Qinous GmbH, a global provider of energy storage and control systems, and adding turnkey microgrids to the portfolio.“As a strategic investor, the aim is to set up a partnership with Qinous for the development of innovative energy storage solutions and together offer cleaner solutions designed to meet tomorrow’s needs,” explained Marcus A. Wassenberg, CFO and Labor Director at Rolls-Royce Power Systems.The increased use of renewable energies has exacerbated the challenge of how to maintain a reliable energy supply…
MAN D&T Rebrands ‘MAN Energy Solutions’
MAN Energy Solutions represents a new vision, as reflected by a new, corporate design. The new branding embodies a strategic and technological transformation, a process the company had already begun back in 2017 by implementing its new strategy for the future: to expand its business with sustainable technologies and solutions such that they become its main source of revenue by 2030. This strategic realignment is supported by the expansion of MAN Energy Solutions’ product range to include hybrid, storage and digital service technologies.Dr Uwe Lauber…
Acciona Gets DNV GL Certification
Acciona Energia, the biggest global operator exclusively in renewable energies, received the first ever prototype certificate for a grid-scale energy storage solution by DNV GL, the world’s largest resource of independent energy experts and certification body. The handover of the certificate took place at the American Wind Energy Association’s 2018 Windpower Conference in Chicago. To explore the possibilities of grid-scale storage, Acciona Energia started up a hybrid plant for storing electricity in batteries as part of its grid-connected wind farm at Barasoain in Navarra, northern Spain.
ABS Grants AIP for LNG Power Vessel
ABS has granted Approval in Principle (AIP) to Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., for its LNG Power Vessel. The vessel is designed in accordance with the applicable requirements of ABS Rules and IMO Regulations. “ABS provides the marine industry reliable guidance to enable innovative technology development in support of more efficient operations,” said ABS Vice President for Global Gas Solutions Patrick Janssens. “We chose ABS because of their leadership position in evaluating effective energy storage solutions and extensive experience in gas-related projects…
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 investment supports Yaskawa’s continued focus to achieve its long-term “Vision 2025” business plan in its chosen Clean Power business area.
Buckeye to Acquire 50% of VTTI Marine Terminal
Buckeye Partners LP, which operates pipelines and other transportation and storage assets for liquid petroleum products, said it bought a 50 percent stake in the marine terminal company VTTI BV for $1.15 billion. VTTI is a unit of Vitol Group. The deal is expected to close in early January 2017. VTTI will be 50% indirectly owned by Buckeye and 50% indirectly owned by Vitol. It is intended that the joint shareholding of Buckeye and Vitol will add greater strategic value to VTTI and will further strengthen VTTI's position as a leading independent provider of energy storage solutions.
GBFL, REV LNG, REV LNG Marine Join Forces for Bunkering in North America
GAC Bunker Fuels (GBFL), the GAC Group’s bunker trading and brokerage arm, has entered a strategic partnership with REV LNG and REV LNG Marine to deliver LNG bunkering services to ship owners and operators trading in North America. The alliance with the leading full-service LNG supplier and its marine arm REV LNG Marine offers a complete LNG supply chain solution in North American ports, in response to growing demand for LNG as a marine fuel. LNG provides a viable alternative to low-sulphur marine gas oil for vessels sailing in the current North American ECA (Emissions Control Area)…
Jastram, Eco Marine Sign Agreement
Eco Marine Power (EMP) has announced that it has entered into a sales and support agreement with Jastram Technologies Ltd. of Canada. This agreement paves the way for EMP to begin offering a wide range of products and services to the Canadian shipping and offshore sector. Jastram Technologies has been providing high quality equipment and services to the marine industry since 1983. It has coast to coast locations in Canada with strategically located offices in British Columbia, Ontario, Quebec and Nova Scotia.
Statoil Debuts Batwind
A new battery storage solution for offshore wind energy will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind will be developed in co-operation with Scottish universities and suppliers, under a new Memorandum of Understanding (MoU) signed in Edinburgh on 18 March between Statoil, the Scottish Government, the Offshore Renewable Energy (ORE) Catapult and Scottish Enterprise. Battery storage has the potential to mitigate intermittency and optimise output. This can improve efficiency and lower costs for offshore wind.
ABB to Power Norwegian Hybrid Car Ferry
ABB will supply the power system for a hybrid car ferry serving a passenger route in Norway. The vessel will run as a hybrid but can be modified to run as a full electric ferry with shore charging system. According to ABB, the contract is another success in northern Europe, where regulation is causing passenger ship operators to look at green solutions. “This is another example of how ABB is at the forefront of energy storage solutions for the maritime industry,” said Sindre Sætre, ABB’s Director of Marine and Ports in Norway.
Total to Acquire Saft Group
Total and Saft announced today that, following the signature of an agreement between the companies, Total filed a friendly tender offer on all of the issued and outstanding shares in the capital of Saft with the French Financial Markets Authority (Autorité des Marchés(“AMF”)). The proposed offer will target all of Saft’s issued and outstanding shares at a price of €36.50 per share, ex-dividend of €0.85 per share, valuing Saft’s equity at €950 million. The offer price represents a 38.3% premium above Saft’s closing share price of €26.40 on May 6…
ABB Strengthens Commitment to India’s economic development
ABB doubles workforce at its global engineering and operations center in Chennai and opens a new UPS production facility near Bangalore. ABB’s expansion of the Chennai center demonstrates its commitment to the country’s “Make in India” policy, aimed at strengthening its industrial base and fueling economic growth. The competency center, whose workforce will be doubled to 1,200 over the next two years, brings together professional engineering resources under one roof, serving ABB units across the world from its base in Chennai, among the largest industrial and commercial centers in India.
Falling U.S. Inventories Boost Oil Prices
Official U.S. inventory data to be published on Wednesday; brimming oil tanks compound oversupply. Oil rose on Wednesday on reports of falling stockpiles and rising refinery activity in the United States, but analysts said a global supply glut would keep prices under pressure. Brent crude futures were up $1.06 at $44.63 per barrel by 1027 GMT after settling 99 cents lower the day before. U.S. crude futures were up 75 cents at $41.42 a barrel. The American Petroleum Institute (API), an industry group, said on Tuesday that U.S. crude stockpiles fell last week by 482,000 barrels due partly to higher refinery runs.
