Energy Infrastructure News

12 May 2020

ESVAGT Delays Investments, Cuts Salaries

Image Credit: ESVAGT

Danish offshore vessels owner ESVAGT will cut executive and staff pay, and delay investments in response to the low oil prices and the COVID-19 pandemic.Peter Lytzen, the CEO of the company that provides emergency response and rescue vessels (ERRV) and service operation vessels (SOV), said, "Our oil and gas business is challenged in two essential areas of the current situation.""The fact that oil storage is full and oil and gas prices are low means that no investments are being made in well drillings. This has an impact on the ERRV spot market, which is a considerable part of our business.

22 Jan 2020

First foundation Installed at Triton Knoll

Image: Triton Knoll

Triton Knoll, a offshore windfarm which is being constructed 33km away from the coast of Lincolnshire in the North Sea, confirmed that the first of its 90 wind turbine monopile foundations has been safely and successfully installed, 32km off the Lincolnshire coast."The 600 tonne steel monopile and its bright yellow transition piece was installed by Seaway7’s ‘Strashnov’ which is contracted to transport and install all 90 of the wind turbine foundations, as well as the two offshore substation platforms and their foundations…

15 Jan 2020

Partners Developing Ammonia-fueled Tanker

(Photo: LR)

Maritime industry partners striving to advance shipping's decarbonization efforts are working to develop an ammonia-fueled tanker, classification society Lloyd's Register (LR) announced.The joint development project (JDP) involving LR and shipping line MISC Berhad, builder Samsung Heavy Industries (SHI) and engine maker MAN Energy Solutions aims to develop commercially viable deep-sea zero-emissions vessels (ZEVs) that would be operational by 2030, ahead of the International Maritime Organization’s 2050 greenhouse gas (GHG) emissions target.Nick Brown…

14 Jan 2020

Eagle Bulk Joins Decarbonization Coalition

Image: Eagle Bulk Shipping

The US-based dry bulk carrier Eagle Bulk Shipping has joined industry group the Getting to Zero Coalition.The group is an alliance of over 90 companies within the maritime, energy, infrastructure, and finance sectors which are committed to the decarbonization of deep-sea shipping, in line with the International Maritime Organization's greenhouse gas emissions reduction strategy and the UNFCC Paris Agreement.Gary Vogel, Eagle Bulk’s CEO, said, “We are constantly working on improving energy and operational efficiencies at Eagle…

06 Jan 2020

Sempra LNG, Aramco Sign Deal

 Image: Saudi Aramco

North American energy infrastructure company Sempra Energy and Saudi Aramco's Aramco Services Company, signed an Interim Project Participation Agreement for the Port Arthur LNG export project under development in Jefferson County, Texas.According to a press release, the IPPA represents another milestone for both companies after having signed a heads of agreement in May last year for the purchase of 5 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) and a 25% equity investment in the Port Arthur LNG project.Jeffrey W.

07 Jan 2020

IMO 2020: U.S. Restricts the Use of Certain Fuels in Scrubber Vessels

Copyright: diegocardini/AdobeStock

With the January 1 implementation of IMO 2020, which requires dramatic reductions in the sulfur content of emissions from ocean-going vessels, the United States government issued a new rule that it asserts actually facilitates the distribution of compliant fuel.The US Environmental Protection Agency asserts that it is taking steps to allow for the distribution of distillate fuel with sulfur content of up to 5,000 ppm sulfur—something that it asserts was previously prohibited.

07 Jan 2020

Shareholder base Expands on Fortum's Nordic Wind Portfolio

Image: Fortum

Finnish state-owned energy company Fortum and Credit Suisse Energy Infrastructure Partners (CSEIP) have today signed an agreement whereby funds advised by CSEIP will acquire an 80% stake in Fortum’s Nordic wind portfolio.Fortum will retain a 20% minority ownership in this wind power portfolio, continue to manage the construction, and serve as long-term asset manager for the wind portfolio.The portfolio consists of the operational Nygårdsfjellet (32 MW, Norway), Ånstadblåheia (50 MW…

24 Nov 2019

U.S. Needs to Revive Shallow-Water GoM E&P

Image: Bureau of Safety and Environmental Enforcement (BSEE)

The US should define the Gulf of Mexico Shallow Water Province as a distinct entity to avoid stranding more than $20 billion of its oil and gas resource, said a new research.According to a research from the Bureau of Safety and Environmental Enforcement (BSEE) and Bureau of Ocean Energy Management (BOEM) the GOM Shallow Water Province, comprised of water less than 200 meters deep, is a historically energy-rich area which now produces natural gas, accounting for 33% of the gulf’s…

21 Nov 2019

NJ Governor Doubles Offshore Wind Goal

Governor Phil Murphy, alongside First Lady Tammy Murphy and former Vice President Al Gore, signs an executive order more than doubling New Jersey’s offshore wind goal on November 19, 2019, at Liberty Science Center. (Edwin J. Torres/Governor’s Office)

As New Jersey steps up efforts to eliminate fossil fuels over the next three decades, the state is more than doubling its target for offshore-wind energy production under an executive order signed by Gov. Phil Murphy.The order would increase the goal to 7,500 megawatts by 2035, from 3,500 set for 2030.Murphy made the announcement with former Vice President Al Gore, a clean energy advocate, at a news conference in Jersey City at Liberty Science Center.The Executive Order will deliver the clean…

19 Nov 2019

U.S. Aircraft Carrier Group sails through Strait of Hormuz

File Image / a USNS fleet oiler on station: Credit US Navy

The U.S. aircraft carrier strike group Abraham Lincoln sailed through the vital Strait of Hormuz on Tuesday, U.S. officials told Reuters, amid simmering tensions between Iran and the United States.Tensions in the Gulf have risen since attacks on oil tankers this summer, including off the UAE coast, and a major assault on energy facilities in Saudi Arabia.Washington has blamed Iran, which has denied being behind the attacks on global energy infrastructure.The commander overseeing U.S.

30 Oct 2019

Oilfield Services Firms Moving Beyond Oil

Graph: Rystad Energy

Heavyweight oilfield service providers like Saipem and Baker Hughes are moving past just oil and gas projects and embracing more renewable energy projects going forward.In 2014, non-upstream oil and gas activities accounted for 22% of revenues among service suppliers. This share grew to 27% in 2018.According to Rystad Energy, the trend to accelerate in the next decade.“If pure-play contractors within drilling, well services and seismic – which don’t have much to offer outside the upstream oil and gas industry – are removed from the equation…

28 Oct 2019

Mitsui, Sempra Energy Sign LNG Deal

Pic: Sempra Energy

North American energy infrastructure company Sempra Energy and Japanese trader Mitsui & Co. have entered into a memorandum of understanding (MOU) under which the latter would take part in the Cameron LNG Phase 2 project in Louisiana.The MoU also encompasses a future expansion of the Energía Costa Azul (ECA) LNG project in Baja California, Mexico."This agreement signals continued momentum in the growing U.S. liquefied natural gas (LNG) export market, while reinforcing the unique competitive advantage that Sempra offers customers seeking LNG export capabilities from the Gulf Coast…

22 Oct 2019

ORCA Hub Readies Drones for Offshore Energy

 Image: Heriot-Watt University

A consortium of five universities, including Heriot-Watt University, working with 35 industrial and innovation partners, has unveiled the latest results from its research collaboration.The largest academic center in the world for research into robotics technology for offshore energy infrastructure, the ORCA Hub’s aim is to advance robotics and Artificial Intelligence technologies for the inspection, repair, maintenance and certification of offshore energy platforms and assets.Creating solutions to some of the most challenging…

01 Oct 2019

Historic Harland and Wolff Shipyard 'Saved'

© nyiragongo / Adobe Stock

Harland and Wolff, the Belfast shipyard that built the Titanic, has been sold by owner Dolphin Drilling to infrastructure specialists InfraStrata for £6 million ($7.3 million), saving the facility from closure, InfraStrata said on Tuesday.Harland and Wolff's multipurpose fabrication facility, quaysides and docking facilities are ideally suited for the energy infrastructure industry and the company's projects, InfraStrata said.All 79 workers who did not opt for voluntary redundancy earlier in the year will be retained, the company said."Harland and Wolff is a landmark asset and its reputation a

12 Sep 2019

Jan De Nul Enters French Offshore Wind Market

Image: Jan De Nul

Luxembourg-headquartered maritime contractor Jan De Nul Group has signed its first offshore wind construction contract in France.Sodraco International SAS, a French subsidiary of Jan De Nul Group, has signed a contract to transport and install 80 offshore wind turbines on the Saint-Nazaire offshore wind farm (OWF).The contract was awarded by Parc du Banc de Guérande, a joint venture between the French renewable energy company EDF Renewables and the Canadian energy infrastructure company Enbridge.“We are excited to contribute to the further development of renewable energy…

23 Aug 2019

GoM Lease Fetches $159mln in High Bids

Image: U.S. Department of the Interior

Gulf of Mexico (GoM) Lease Sale 253 in New Orleans generated over $159 million in high bids for 151 tracts covering 835,000 acres in federal waters.Twenty-seven companies participated in the lease sale, submitting approximately $175 million in bids, said Bureau of Ocean Energy Management (BOEM).“We are excited about the results from today’s lease sale, which show a continued upward trend for the year. The total from today’s lease sale and the March sale is the highest since 2015 for high bids,” said Interior’s Deputy Assistant Secretary for Land and Minerals Management Andrea Travnicek.

20 Aug 2019

Cameron LNG Begins Commercial Service

Image: Sempra Energy

North American energy infrastructure company Sempra Energy said that the first train of the Cameron liquefied natural gas (LNG) liquefaction export project in Louisiana has started commercial operations under Cameron's tolling agreements.Train 1 is part of Phase 1 of the Cameron LNG liquefaction export project which includes a projected export capacity of 12M metric tons/year of liquefied natural gas, or 1.7B cf/day of natural gas."This is an exciting moment for Cameron LNG and for Sempra Energy," said Carlos Ruiz Sacristan, chairman and CEO of Sempra North American Infrastructure.

19 Aug 2019

Linklaters Advises GIG on Iberdrola's EA1

East Anglia One. Image: Iberdrola, S.A.

London-based multinational law firm Linklaters has advised Green Investment Group (GIG) on the acquisition of a 40% stake in Iberdrola’s Scottish Power Renewables’ 714MW East Anglia One offshore wind farm.Once commissioned in 2020, it will be one of the world’s largest wind farms, said a note from the British law firm."This transaction is the first partnership between GIG and Iberdrola’s Scottish Power Renewables subsidiary in the UK and brings the total capacity of UK offshore wind supported by GIG to over 5.7GW across 14 projects.

16 Aug 2019

Kinder Morgan Invest $170Mln in Houston Ship Channel

Image: Kinder Morgan

Houston pipeline operator Kinder Morgan (KMI) plans to invest $170 million in various expansion projects along the Houston Ship Channel.The investment will increase efficiency, add product liquidity, and enhance blending capabilities at its Pasadena and Galena Park terminals, part of its best-in-class refined products storage hub on the Houston Ship Channel, said the energy infrastructure company in North America.In response to growing customer demand, KMI’s liquids terminal platform now boasts 10 ship docks…

11 Jun 2019

ERSG Ties-up with Taiwan Offshore

File Image: OE Digital

Taiwan Offshore Windfarm Service Corp (TOWSC) has entered into collaboration agreement with the UK energy industry recruitment outfit ERSG for future business in Taiwan's offshore wind sector. Both parties target the manning services from construction, commissioning, to operation and maintenance (O&M) stages for offshore wind farm projects in Taiwan. At the same time, both parties also agree to introduce international experts with experience to train and co-work with local personnel…

02 Jun 2019

Canada Makes First Propane Shipment

The first shipment of Canadian propane departed RIPET on Canada’s West Coast on May 23. The facility is expected to ship approximately 1.2 million tonnes of propane annually to customers in Asia. Photo: CNW Group/AltaGas Ltd.

North American energy infrastructure company energy infrastructure company AltaGas celebrated the grand opening of its Ridley Island Propane Export Terminal (RIPET), located in Prince Rupert, British Columbia – the first marine export facility for propane in Canada.The facility began introducing propane feedstock in mid-April, and the first shipment departed the terminal on May 23, 2019 bound for Asia."The completion of this game-changing project and the shipment of our first cargo are historic milestones for AltaGas…

30 May 2019

SAAM’s New Tug Christened

Image: SAAM

The first Ridley Island Propane Export Terminal (RIPET) in Canada was inaugurated and SAAM's new tug, the Tsmishian Warrior, was christened.The tug will provide services at the terminal, which is owned by the Canadian company Altagas —leader in energy infrastructure in North America— and the dutch firm Vopak.“SAAM closed a contract with RIPET, which included construction of this new tug. Two other tugs from our Canadian fleet will be deployed to support operations at the terminal.

27 May 2019

AIE Buys Gas from Port Kembla LNG

Image: Australian Industrial Energy

Australian Industrial Energy (AIE) said it has reached a preliminary agreement with EnergyAustralia to provide 15PJs of natural gas per annum, from its Port Kembla gas terminal (PKGT).PKGT is one of five proposed LNG import terminals that could help meet a looming gas shortage in southeastern Australia, even as the country is set to become the world’s top LNG exporter.Commencing 1 January 2021, the five-year contract will supply gas for EnergyAustralia’s residential and industrial…

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