Energy Resources News

23 May 2019

Race Against WW II Shipwrecks Oil Spill

Image: MV Ocean Recovery

A remediation programme to protect island ecosystems from damage caused by oil pollution from World War II wrecks sunk in the Pacific Ocean will launch in Newcastle Harbour today (Thursday 23 May).The programme is the result of a partnership between Major Projects Foundation, the Secretariat of the Pacific Regional Environment Programme (SPREP) – an intergovernmental Pacific regional organisation made up of 26 members – and the University of Newcastle. It will see expert teams of scientists…

01 Mar 2019

Oshima Shipbuilding Bags NYK Vessel Order

Pic: Oshima Shipbuilding

The shipping and logistics company NYK (Nippon Yusen Kabushiki Kaisha) has concluded a long-term contract with Mitsubishi Paper Mills Limited for a new wood-chip carrier to be built by Oshima Shipbuilding Co. Ltd.The ship will be able to load 4.3 million cubic feet of wood chips, said a press release from NYK.The vessel features the latest design that will allow the vessel to perform well in all types of weather while ensuring low water resistance and high efficiency and energy…

13 Feb 2019

Offshore Wind: Good Supply, Growing Demand

© iweta0077/AdobeStock

In its 2019 “Annual Energy Outlook” the US Energy Information Administration (EIA) projects that electric generation from renewables (wind, solar, hydro) will go from 500 billion KWh in 2018 to 1500 billion KWh in 2050, just 30 years from now.“The AEO highlights the increasing role of renewable energy in the US generation mix,” said EIA Administrator Linda Capuano. “Solar and wind generation are driving much of the growth. In fact, our reference case projects that renewables will grow to become a larger share of U.S.

06 Feb 2019

Offshore Wind Energy Market to Grow 20%

Image: Siemens Gamesa

Global offshore wind energy market was valued at $2,727 thousand in 2019, and is expected to reach $11,334 thousand by 2025, registering a CAGR of +20% from 2019 to 2025, said a study.The global offshore wind energy market has been set blazing with a number of schemes that have recently began power production, according to Researchnreports. For instance, following the installation of its first 7-MW turbines, Scotland's biggest offshore wind farm has sent power for the first time…

23 Jan 2019

NYK Takes Delivery of New Coal Carrier

Pirika Mosiri Maru. Image: NYK Line

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) has taken delivery of a coal carrier equipped with a binary cycle power-generation system that utilizes engine exhaust heat.The new coal carrier Pirika Mosiri Maru that NYK will own and operate to transport coal for Hokkaido Electric Power(HEPCO), was delivered yesterday (January 23) at Oshima Shipbuilding Co. Ltd. in Saikai city, Nagasaki prefecture, and a delivery ceremony was held on the same day.The event was attended by Akihiko Mayumi…

13 Dec 2018

NOIA Calls for Offshore Wind Territories Act

Image: BOEM

National Ocean Industries Association (NOIA) said that U.S. territories need the Offshore Wind for Territories Act.The U.S. has five permanently inhabited 'Territories' in the Caribbean Sea and the Pacific Ocean: American Samoa, Guam, the Northern Mariana Islands, Puerto Rico and the U.S. Virgin Islands which are directly overseen by the United States Federal Government.NOIA President Randall Luthi issued this statement: “The House passage of H.R. 6665 is welcome news for many Americans this holiday season. Too often, Americans in the U.S.

05 Dec 2018

Nexans Wins $113m Subsea Contract

Image: Nexans

French cable company Nexans said that  it has been awarded a full turnkey contract worth more than $113m  for the manufacturing, delivery and installation of 350 kV HVDC submarine cable in the Philippines.Nexans has been awarded a full turnkey contract for the submarine link of the Mindanao-Visayas Interconnection Project (MVIP) launched by National Grid Corporation of the Philippines (NGCP).To optimise the delivery of the submarine cabling system for the MVIP to connect the three power grids of Luzon…

15 Nov 2018

Nokia, ABB and Kalmar Trial 5G Technology for Harbor Automation

Image: ABB

Nokia, ABB and Kalmar, part of Cargotec,  have successfully conducted industrial trials that leverage the low latency capabilities of 5G to support time-critical applications and enhance protection and efficiency in a smart electricity grid and in harbor automation.In a joint press release the companies said that the trials, conducted as part of the Wireless for Verticals (WIVE) research project, represent one of the first real-world applications of time-critical 5G applications…

16 Oct 2018

2018 Maritime Risk Symposium – Energy and Maritime Risk

Energy.It seems that energy touches every aspect of our lives from heating our homes to ensuring that fresh produce is available at grocery stores. It powers our cars and allows industry to move products around the world. The connection between energy and risk to the maritime environment has been a growing area of discussion, research and analysis. The United Kingdom’s Royal Navy, within its Joint Doctrine Publication (JDOP 0-10) 5th edition UK Maritime Power, captured this issue superbly: “Fossil fuels and minerals are an important resource in the maritime environment. New deposits of oil and gas, as well as mineral wealth, are discovered under the seabed each year, and improvements in technology will facilitate future exploitation.

15 Aug 2018

Signs of Recovery in the US Gulf of Mexico

© Theerapong / Adobe Stock

Today's U.S. auction of Gulf of Mexico exploration leases drew tepid response from oil companies, but marked notable progress for an industry still in a state of recovery.“While not a barn burner, Lease Sale 251 tops the previous Gulf sale in terms of increased participation, increased competition for offerings, and bid amounts,” said Randall Luthi, president of the National Ocean Industries Association (NOIA). “In addition, bidding activity demonstrates both continued interest in deepwater tracts and renewed interest in shallow water tracts.”Luthi continued…

31 Jul 2018

NYK Names New Ship 'Pirika Moshiri Maru'

Shin Sapporo Maru. Photo: NYK Line

A new ship that NYK will own and operate to transport coal for Hokkaido Electric Power Co. Inc. has been named "Pirika Moshiri Maru." Honoring the history and culture of Hokkaido’s indigenous Ainu inhabitants, the name of the new ship is derived from the Ainu words "pirika,” meaning beautiful, and "moshiri,” meaning earth.After construction at Oshima Shipbuilding Co. Ltd. is completed in January 2019, the ship will be assigned to transport coal from Australia and other countries to the Tomato-Atsuma Coal Power Station…

14 May 2019

Interview: Mark Knoy, President and CEO, ACBL

Mark K. Knoy, president and CEO of American Commercial Barge Line

American Commercial Barge Line (ACBL) named Mark K. Knoy as its president and chief executive officer in August 2011. Prior to joining ACBL, he was vice president of American Electric Power’s (AEP) Fuel, Emissions and Logistics Group and president of AEP River Operations, having joined AEP with its 2001 purchase of MEMCO Barge Line. From 1984 to 1994, he was owner/operator of The Mark Twain Towing Company and Delmar Marine, Inc., Pekin, Illinois. He began his career in 1973 working aboard towboats on the inland waterways as a deck hand and then as a captain.

29 Mar 2018

New Icebreaking LNG Carrier Enters Service

Icebreaking LNG carrier Vladimir Rusanov during ice trials in the Arctic Ocean (Photo: MOL)

A new icebreaking liquefied natural gas (LNG) carrier jointly owned by Mitsui O.S.K. Lines, Ltd. (MOL) and China COSCO Shipping Corporation Limited (China COSCO Shipping) loaded its first cargo at the Yamal LNG plant in northern Russia. The 299m, 172,000m3 Vladimir Rusanov conducted it is first loading for Yamal LNG at Sabetta port on March 27 and 28. Vladimir Rusanov left South Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) Okpo shipyard after her naming ceremony in December 2017 and headed to the Arctic Ocean through the Suez Canal for three weeks of ice trials.

27 Feb 2018

Mitsui O.S.K. Lines Signs MoU with Russian Federation

Pic: MOL

Mitsui O.S.K. Lines (MOL) signed a Memorandum of Understanding (MOU) with the Far East Investment and Export Agency (FEIA) under the Ministry of the Russian Federation for the Development of the Far East (MINVR) to cooperate with each other in the development of the Northern Sea Route and the Russian Far East. MOL has been participating in the Yamal LNG Project, which is the world first large scale energy project that exports cargoes through the Northern Sea Route, and MOL's first ice-breaking LNG carrier for the project is slated to go into service at the end of March…

27 Feb 2018

MOL, FEIA Team to Develop North Sea Route

Ice-Breaking LNG Carrier Vladimir Rusanov Photo MOL

Mitsui O.S.K. Lines, Ltd. signed a Memorandum of Understanding with the Far East Investment and Export Agency under the Ministry of the Russian Federation for the Development of the Far East  to cooperate with each other in the development of the Northern Sea Route and the Russian Far East. MOL has been participating in the Yamal LNG Project, which is the world first large scale energy project that exports cargoes through the Northern Sea Route, and MOL’s first ice-breaking LNG carrier for the project is slated to go into service at the end of March…

12 Feb 2018

Trump Proposes $200 Mln Budget for BSEE

(File photo: BSEE)

President Donald Trump today proposed a $199.9 million Fiscal Year (FY) 2019 budget for the Bureau of Safety and Environmental Enforcement (BSEE) as the Administration aims to support a ramp up in domestic oil and gas production. The FY 2019 budget request includes an estimate of $67.9 million in offsetting collections. Offsetting collections includes $20.3 million for rental receipts, $3.8 million for cost recoveries and $43.8 million for inspection fees. “The President’s proposed…

24 Jan 2018

DNV GL Alliance for Offshore Wind Energy Development in Vietnam

Image: DNV GL

Singapore-based Enterprize Energy and partner Renewable Energy Global Solutions (REGS), together with PetroVietnam consortium comprising Petroleum Equipment Assembly & Metal Structure (PVC-MS) and VietSovPetro (VSP), MHI-Vestas Offshore Wind (MVOW), and DNV GL signed a series of exclusive Agreements forming an alliance for multi-phased, utility-scale wind developments, offshore Southern Vietnam, including feasibility, environmental, development, financing planning through implementation.

08 Jan 2018

As US Opens Up Offshore Waters, Eastern GoM Beckons

© xmentoys / Adobe Stock

President Donald Trump's administration has proposed opening up nearly all of America's offshore waters to oil and gas drilling, but the industry says it is mainly interested in one part of it, now cordoned off by the Pentagon: the eastern Gulf of Mexico. The industry's focus on an area located near a sprawling network of existing platforms, pipes and ports could ease the path to new reserves, and assuage the drilling opponents near other places offered under the Interior Department's proposed drilling plan issued last week, like California's Pacific, the Atlantic and Arctic.

05 Jan 2018

Op/Ed: DPP a Benchmark Toward US Energy Dominance

© kesterhu / Adobe Stock

National Ocean Industries Association (NOIA) president Randall Luthi comments on the U.S. Department of the Interior’s (DOI) 2019-2024 National Offshore Oil and Gas Leasing Draft Proposed Program, which seeks to open nearly all U.S. offshore waters to oil and gas drilling. With 94 percent of our nation’s outer continental shelf (OCS) currently and unnecessarily off limits to oil and gas leasing and exploration, NOIA welcomes the bold and broad offshore leasing proposal released January 4 by the Department of the Interior.

27 Dec 2017

What Hurricanes Teach Us About Energy Security

© Daniel / Adobe Stock

After a few years of relative calm, the 2017 hurricane season wreaked havoc in the Atlantic and the Gulf of Mexico, causing widespread damage and human suffering, and exposing the vulnerabilities and strengths of American energy security. As the flood waters from Hurricane Harvey receded and Gulf coast residents embarked on the arduous road to recovery, the offshore energy industry took stock and counted its losses and blessings. Offshore energy facilities faired remarkably well compared to onshore energy facilities, many of which suffered catastrophic damage from flood waters.

11 Oct 2017

Op/Ed: ASTRO Act Shoots For the Stars

Randall Luthi (Photo: NOIA)

National Ocean Industries Association (NOIA) president Randall Luthi weighs in after the House Natural Resources Committee held a hearing on offshore development and introduced the Accessing Strategy Resources Offshore (ASTRO) Act. Today’s hearing was a slam dunk by the House Natural Resources Committee. Not only did the Committee bring in experts and stakeholders with their own unique offshore perspectives to the hearing, the Committee took a bold step in introducing the forward thinking ASTRO Act.

09 Oct 2017

Saudi Flag Raised on Bahri's VLCC Rimthan

Rimthan Registration (Photo: Bahri)

The Public Transport Authority (PTA) has raised the Saudi flag on Rimthan, one of the latest VLCCs received and owned by Bahri, a leader in transportation and logistics. Under the supervision of PTA, the ceremony of Rimthan’s registration under the Saudi flag took place on Sunday, October 8, 2017, at Port of Ras Tanura in the Eastern Province of Saudi Arabia, and was attended by senior officials of both PTA and Bahri. Thus, Rimthan became the 40th Saudi VLCC, owned and operated by Bahri. H.E. Dr.

06 Oct 2017

NOIA Appoints Four to BoD

Martin Stauble

National Ocean Industries Association (NOIA) Chairman David Welch has appointed four new members to the association’s Board of Directors. The appointments were announced today during NOIA’s fall meeting in Jackson Hole, Wyoming, where the association is commemorating 45 years of commitment to America’s offshore energy industry. Today, the oil and gas industry, long centered in the Gulf of Mexico, produces 17% of America’s domestic oil and 5% of our domestic natural gas, while off the coast of Rhode Island…

Maritime Reporter Magazine Cover May 2019 - Propulsion Annual - Green Marine Tech

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