CMA CGM Joins Energy Observer in Hydrogen Project
French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of hydrogen as a marine fuel.Energy Observer, formerly a racing catamaran, is now an experimental platform for tomorrow’s energy sources. It is sailing round the world in order to speed up development of the innovative solutions for the environment.This partnership with CMA CGM deals with the development of cleaner and more sustainable energies to eliminate CO2 emissions, greenhouse gases and air pollutants.
G42, ADNOC JV for AI in Oil and Gas
With a goal of creating more artificial intelligence (AI) led solutions for the oil and gas sector, Abu Dhabi National Oil Company (ADNOC) has signed a deal with compatriot technology company Group 42 (G42) to create a new joint venture.The JV will be tasked with developing and commercializing market-leading AI products for the energy sector.The agreement was signed at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) by Omar Suwaina Al Suwaidi, Director, Executive Office Directorate, ADNOC, and Peng Xiao, CEO of G42.
France to Test Floating Wind Turbines
The European Commission said on Monday it had authorized French subsidies to four offshore wind farm projects which are aimed at testing a new way of producing electricity from wind.The EU competition regulator said in a statement that the state aid was in line with EU rules as it was proportionate and could help develop a new type of technology to produce renewable energy.Three of the floating wind farms are in the Mediterranean Sea and one in the Atlantic Ocean.The demonstration wind farms will use a particular combination of turbine, floater and cables with a total installed capacity of 24 megawatt each."The object
Arctic LNG 2, Siemens Sign Deal
Russian gas producer Novatek said that it had signed a deal with German tech giant Siemens to buy compressors for its new Arctic LNG 2 natural gas liquefaction plant.Novatek's second LNG export facility after Yamal LNG, the 19.8 million mt/year Arctic LNG-2 project is moving closer to the reality after this deal.The scope of supply under the contract includes three feed gas compressors and six boil-off gas compressors. The document also provides for localizing the equipment fabrication for the Project’s…
Yarudeyskoye Field Produced 10 MT of Crude Oil
PAO Novatek announced that cumulative production at the Yarudeyskoye field owned by the Company’s subsidiary Yargeo, reached a milestone of 10 million tons of crude oil production since the commencement of operations.The field’s commercial production commenced in December 2015, and by January 2016, the field reached its full productive capacity, said a press release from the Russia's largest independent natural gas producer.The Yarudeyskoye field is the largest crude oil asset in the Company’s portfolio…
Decom North Sea Sheds Light on Supply Chain Capability
Decom North Sea has published aDecom Directory in conjunction with Scottish Enterprise and the Oil & Gas Authority, which provides details of companies which have the capability to service the UK/UKCS decommissioning sector. Supported by EEEGR, FPAL, EIC, FEDF and NOF, the directory captures the capabilities of almost 300 supply chain companies which can service the UK/UKCS across17 newly-defined supply chain activities within a decommissioning work break down structure (WBS); from planning stages through to site remediation and long-term monitoring.
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. Following successful field trials, it recently completed its first caisson inspection program for a major U.K. oil and gas operator.
Petrobras, Total ink Strategic Alliance Deal
Petrobras signed a Master Agreement with French outfit Total today related to the strategic collaboration set forth in the memorandum of understanding signed on October 24 by our CEO Pedro Parente and Total CEO Patrick Pouyanné. Under the new agreement, Petrobras will substantially increase the level of technological cooperation in the fields of geosciences, subsea systems, and in joint studies in areas of mutual interest with a view to reducing the risks of investments and increasing the likelihood of exploration success in the coming years.
Petrobras' Pre-salt Oil Production Exceeds 1 mi bpd
On May 8, oil production from facilities operated by Petrobras in the Brazilian pre-salt layer broke a new record, surpassing 1 million barrels per day (bpd). Of this total, more than 70% of the volume produced corresponded to Petrobras’ share. As a result, the pre-salt fields located in the Santos and Campos basins now account for around 40% of oil production operated by Petrobras in Brazil. This result was achieved less than 10 years after the discovery of these deposits, in 2006, and less than 2 years after output of 500,000 bpd was reached, in July 2014.
INPEX, MHI JV to Study Technological Challenges in Energy Sector
INPEX CORPORATION (INPEX) and Mitsubishi Heavy Industries, Ltd. (MHI) jointly announced today that they have concluded a memorandum based on an agreement to jointly study solutions for various technological challenges in the energy sector. Under the auspices of the memorandum, INPEX and MHI plan to jointly establish a working committee and address technological solutions including utilizing the Internet of Things (IoT)1 and robot technology to further optimize oil and gas production operations. INPEX…
Eni Starts Production of Goliat
Eni has started production of the Goliat field, located 85 kilometers northwest of Hammerfest, within Production License 229, in a ice-free area in the Barents Sea off Norway. Goliat, the first oil field to start production in the Barents Sea, was developed through the largest and most sophisticated floating cylindrical production and storage vessel (FPSO) in the world. The Unit has a capacity of 1 million barrels of oil and was built with the most advanced technologies in order to tackle the technical and environmental challenges linked to operations in the Arctic’s context.
Eni Starts Production of Goliat Field
Eni has started production of the Goliat field, located 85 kilometers northwest of Hammerfest, within Production License 229, in a ice-free area in the Barents Sea off Norway. Goliat, the first oil field to start production in the Barents Sea, was developed through the largest and most sophisticated floating cylindrical production and storage vessel (FPSO) in the world. The Unit has a capacity of 1 million barrels of oil and was built with the most advanced technologies in order to tackle the technical and environmental challenges linked to operations in the Arctic’s context.
Oil Industry: Climate Deal a Chance to Innovate
If a crisis is a terrible thing to waste, the oil industry sees the Paris climate accord not as a death knell, but an opportunity to innovate and even grow. The move is a shrewd one for an industry that has been on the defensive for years on climate issues, constantly fending off attacks that its products have contributed to an unhealthy rise in global temperatures. While the landmark emissions-reduction agreement among 195 countries late last year was seen as a defeat for fossil fuel producers,…
North Sea: Keys Sought to Unlock more Oil
NSRI (National Subsea Research Initiative) has called on the industry to come up with a collaborative approach to unlocking the potential of small pools of hydrocarbons in the North Sea. This could pave the way to recovering 1 – 1.8 billion barrels of oil which currently cannot be exploited economically. The accumulations of hydrocarbons in these reservoirs represent around 5% of UK reserves or 20% of future UK production, which could deliver a potential $19billion in capex, $16bilion in opex and a return to the Treasury of $8billion in revenues. Dr.
EU Ministers Unite on Climate Mandate
EU ministers on Friday finalized what they said was a tough negotiating position for U.N. climate talks later this year after overcoming objections from coal-reliant Poland. Poland's elections next month complicated the debate as the right-wing Law and Justice party has been campaigning on a promise to resist EU environment law and protect the coal industry. But Friday's talks were quicker than expected, as EU officials said Poland realised it was isolated and agreed to word changes that made no substantial difference. "It is a compromise ...
DNV GL: Bright Future for Subsea Processing
DNV GL today launched a research paper exploring the viability of moving offshore oil and gas processing subsea, including the techno-economics of an ‘all subsea’ solution. The report addresses current limitations, but also highlights opportunities for subsea technology. To lend clarity to the topic, the paper compares a benchmark FPSO set-up with a hypothetical all-subsea field development solution. However, instead of making a direct comparison between the two alternatives, the paper adopts a stepwise approach…
LNG Vessel with Wartsila Integrated Solutions Delivered to Evergas
The first in a series of 27,500 cbm 'Dragon' class vessels ordered by Evergas, a world renowned owner and operator of seaborne petrochemical and liquid gas transport vessels, is being delivered from the Sinopacific Offshore & Engineering (SOE) shipyard in China today. The vessel features a comprehensive Wärtsilä solutions package, including two Wärtsilä 50DF dual-fuel engines, Wärtsilä propulsion equipment including the gearbox, two Wärtsilä 20DF auxiliary generating sets, a Wärtsilä LNG fuel system and a Wärtsilä cargo handling system. The various systems are fully integrated to achieve maximum efficiencies.
Technip Awards Contract for New Unit in Slovak Republic
Technip was awarded by Duslo a.s. a substantial(1) contract on lumpsum turnkey basis to develop the engineering, procurement and construction (EPC) of a new ammonia production unit in the existing fertilizer complex located in Sal’a, Slovak Republic. Based on Haldor Topsoe(2) last generation technology, the new unit will have a capacity of 1,600 tons per day of ammonia. It will incorporate the most advanced engineering and technological solutions for minimum energy consumption and reduction of pollutants emissions.
J+S Installs HV Splice for CNR Lyell MPBP
In what is reported to be a first in the North Sea, J+S Ltd, part of the Cohort Group, from its Aberdeen-based oil and gas division, has created an engineering solution to terminate HV connectors complete with pigtails onto an existing umbilical. The solution required replacement of a single three-phase connector with separate phase connections to each core. As most HV connectors are not field-installable and need to be pre-terminated to an umbilical, CNR asked J+S to deliver a solution which would enable an in-field assembly onto the existing umbilical.
Chamber's Donohue: Regulating Emissions Under Clean Air Law Doesn't Work
U.S. Chamber of Commerce President Tom Donohue said on Wednesday the business lobby does not believe the regulation of greenhouse gas emissions through the Clean Air Act is appropriate or workable. "While we strongly support technological solutions to address greenhouse gas emissions, we do not believe that the regulation of these emissions thru the Clean Air Act is appropriate or ... workable," Donohue said in a speech. On Wednesday, the Obama administration unveiled new rules that aim to slash methane emissions from oil and gas production in a move aimed at solidifying the president's credentials on climate change.
