Integrated Energy News

Norwegian shipbuilder and ship designer Ulstein has developed a new subsea vessel - ULSTEIN SX232 – designed to service the offshore wind market for floating and fixed installations as well as offshore oil and gas industry.Designed for walk-to-work operations in the offshore energy market, the ULSTEIN SX232 features an optimizes hull based on the ULSTEIN TWIN X-STERN design.The vessel is equipped with smart power and propulsion system developed to minimize energy consumption during DP operations and an integrated energy recovery system utilizing all the waste heat in the machinery systems…

Chevron announced it has appointed Ayten Yavuz as the new General Manager, Global Marine Lubricants.Yavuz joined Chevron in 1991 and has held notable positions over three decades at the company. Most recently, Yavuz was the Regional Manager of Chevron Marine Products for North West Europe and the Americas.In her new role, Yavuz will be responsible for charting the course toward profitable growth, innovation and development within the marine business sector, Chevron said. She will…

Houlder, the design and engineering consultancy, is collaborating with Blue Sea Power, an integrated energy solution provider as a gas-to-power company based in Athens, to develop three innovative floating LNG-to-power barges (FSRPs).According to the partners, the FSRP barges, which are set to be operational by 2025, will efficiently provide greener, lower emission baseload and peak power to the non-interconnected islands of Kos, Chios, and Lesvos. This power will be used when existing renewable solar and wind energy utilization reaches its technical limits.

UK-based Global Energy Group and Swiss-based integrated energy company, Proman have partnered up to develop a renewable power to methanol plant using local sources of captured CO2 to be located at the Nigg Oil Terminal in the Highlands of Scotland.GEG is also the owner of the Nigg Oil Terminal and Proman is the second-largest methanol producer in the world-GEG said that the development of an industrial-scale renewable power to methanol production facility with CO2 to be provided from local industrial sources will be known as the “Cromarty Clean Fuels Project“.

British oil major BP and the German renewables firm EnBW submitted their bid for offshore wind acreage in the ScotWind leasing round, looking to secure the rights for a lease area off the east coast of Scotland that could support offshore wind projects with 2.9 gigawatts (GW) generating capacity.The seabed round in which firms apply for the license to build wind farms has attracted the interest of both "traditional" renewables giants such as Iberdrola, Orsted, Ocean Winds, and Vattenfall…

U.S. oil and gas major Chevron has signed a deal with Japan's Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to Japan's Hokkaido area.Under the agreement, Chevron will supply Hokkaido Gas with about a half million tons of LNG over a period of five years starting April 2022.“We are delighted to design and execute a Sales and Purchase Agreement (SPA) with our new partner Hokkaido Gas that will bring Chevron LNG directly to Hokkaido, a key growth area.

ABB has won a contract to equip KNOT's shuttle tankers with battery technology and other electric solutions, with the aim of making the vessels fuel-efficient and reducing emissions. Once complete, the shuttle tankers will go on a charter with Norwegian oil company Var Energi.Under the contract awarded by the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering, ABB Marine & Ports will deliver the power and control technology for the two new KNOT shuttle tankers.ABB’s scope of supply will also include the shaft generator system…

Russian oil and gas giant Rosneft has signed a contract with India’s largest fuel retailer Indian Oil Corporation (IOC) for supply of 2 million tonne (MT) crude oil to India by end 2020.The Moscow-headquartered integrated energy company said in a press release that the oil will be shipped to the refiner via the port of Novorossiysk.The signing took place during the visit of the Chief Executive Officer of Rosneft Igor Sechin to New Delhi. During this visit, a working meeting was also held with Dharmendra Pradhan, Minister for Petroleum and Natural Gas of India.The parties discussed the ongoing joint projects of Rosneft and Indian companies…

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. Martin, chairman and CEO of Sempra Energy said:"Today's announcement is a reflection of the growing alignment between our companies' interest in the overall success of the Port Arthur LNG project.

Increased integration between offshore wind and other marine renewables and offshore oil and gas production can help deliver the UK’s net zero target through technologies such as carbon capture and storage (CCS), said a study.According to a new report from the Oil and Gas Authority (OGA), titled ‘UK Continental Shelf (UKCS) Energy Integration: Interim Findings’, innovative partnering between oil and gas, renewables, hydrogen and carbon capture can accelerate energy transition.The report discusses the first phase of the UKCS Energy Integration project which is led by the OGA, working with BEIS, The Crown Estate and Ofgem, considering options to help feed into a new strategic vision of the UKCS as an integrated energy basin.

Malaysian oil and gas company Petronas named its second floating liquefied natural gas (LNG) facility, the PFLNG Dua, in a ceremony in Geoje, South Korea.The floating LNG facility is designed to extract gas from deepwater gas reservoirs in depths up to 1,500 meters.With PFLNG Dua, the national oil and gas company of Malaysia owns and operates two floating LNG facilities, following the success of PFLNG Satu which has been in operation since 2017. This achievement demonstrates Petronas’ strong position in the LNG industry leading the way in innovative solutions to ensure a reliable and secure supply of LNG to meet the growing demand for cleaner energy.

Partners involved in a new joint development project (JDP) have set out to design a very large crude carrier (VLCC) that will run on liquefied natural gas (LNG) fuel.Lloyd's Register (LR), China Merchants Energy Shipping Co., Ltd. (CMES), CNOOC Gas and Power Group, Dalian Shipbuilding Industry Co., Ltd. (DSIC), and GazTransport and Technigaz SA (GTT) have teamed up to evaluate design options for an LNG-fueled VLCC that uses a prismatic GTT Mark III membrane LNG tank. The scope of the JDP includes reviewing solutions to minimize construction costs for LNG-fueled ships…

National Energy Services Reunited (NESR), a provider of integrated energy services in the Middle East and North Africa (MENA) and Asia Pacific regions, has been awarded contracts worth US$660 million by Saudi Aramco for coiled tubing, stimulation and cementing services for a five year period.The contract is with the National Petroleum Technology Company, a subsidiary of NESR, for coiled tubing and N2, stimulation services and cementing services for a period of five years with possible extensions of up to two years.Mohammed Y. Al-Qahtani, senior vice president for upstream, Saudi Aramco, said: “NESR is a key partner for Saudi Aramco, and we are very pleased to see National Petroleum Technology Company…

Saudi Aramco's King Salman Energy Park (SPARK) and Dubai-based Oilfields Supply Center Ltd. (OSC) signed an agreement to establish OSC as an anchor tenant at SPARK.OSC will develop a business incubator called the Common User Supply Base (CUSB) in collaboration with Saudi Aramco, to support the oil and gas industry in the Kingdom and the region, as well as help accelerate the growth of small and medium-sized enterprises (SMEs) in the energy sector.OSC plans to invest around USD 450 million over the next two years, contributing to SPARK’s objective of localizing more than 300 new industrial and service facilities.The center will be the…

Russia’s largest private gas producer Novatek will work alongside French multinational integrated oil and gas company Total, state-controlled compatriot oil company Zarubezhneft and Germany's Siemens on Vietnamese LNG-to-power project.The partners signed a Memorandum of Understanding (MOU) on cooperation in Vietnam.The MOU envisages developing of an integrated energy-generating project with the use of liquefied natural gas (LNG) within the Socialist Republic of Vietnam.“The Vietnamese market is of great interest to us as the country’s economy and demand for electricity is forecasted to grow at a fast pace creating favorable conditions for gas-fired power generation and LNG supplies…

Singapore's Keppel Gas, a wholly owned subsidiary of Keppel Infrastructure Holdings, has completed its first liquefied natural gas (LNG) cargo import under Singapore's spot import policy.The policy allows gas customers in the Republic to import up to 10 per cent of their annual long-term contracted LNG intake on a spot cargo basis.The spot cargo of 160,000m3 of LNG originated from an LNG liquefaction project in North America, marking the first time that Keppel Gas has diversified its gas supply portfolio beyond Southeast Asia.The LNG cargo reached Singapore on 10 April 2019 and will be regasified as feedstock for downstream customers and end users, including Keppel Merlimau Cogen, over a continuous period of 30 days.

Torqeedo  developed a specialized high-thrust electric propulsion system for VIKING’s revolutionary new LifeCraft survival craft, which are designed to speed safe evacuation of hundreds of passengers from ships at sea.The 203-passenger LifeCraft is a motorized inflatable vessel designed to deploy from a shipboard storage/launch station. Passengers board the boats through escape chutes. Once each boat is fully loaded, the crew maneuvers it to a safe standoff distance from the ship…

Italian investment bank Cassa Depositi e Prestiti (CDP), the largest shipbuilder in Europe Fincantieri and natural gas transmission company Snam teamed up to innovate port facilities in Italy and develop sustainable technologies for maritime transport.The preliminary collaboration agreement is aimed at identifying, defining and implementing medium-term strategic projects for the innovation and development of port facilities in Italy, as well as for the development of sustainable technologies applied to maritime transport, in line with the provisions of the National Integrated Energy and Climate Plan Proposal (PNIEC).The agreement was signed today in Rome by the CEOs of CDP…

Singapore-based energy company YTL PowerSeraya and LNG terminal operator Singapore LNG Corp (SLNG) announced that they have appointed new chief executive officers (CEOs).YTL PowerSeraya said that han Swee Huat has decided to step down as CEO of the Group with effect from 15 January 2019. Chan plans to retire but will continue to serve as an advisor to parent company YTL Power International.He will be succeeded by industry veteran John Ng, who was most recently the CEO of Singapore LNG Corporation (SLNG). Not new to YTL PowerSeraya,  Ng had served as the company’s CEO (2009 to 2013) and prior to the appointment, held numerous leadership positions within the company.Chan took over the helm as CEO of YTL PowerSeraya from Ng in October 2013, a role which he has held for five years.

European electric utility company Électricité de France (EDF) group has sold its stake in the Dunkirk  liquefied natural gas (LNG) terminal, after obtained the requisite regulatory approvals.According to a press release from the  integrated energy company the modalities set out in the press release published on 29 June remain unchanged, the transaction having been made on the basis of an average enterprise value of EUR2.4 billion for the Dunkerque LNG company.The disposal will contribute to the reduction of the EDF Group’s net financial debt, by EUR1.5 billion.With the transaction, the Group has now realised EUR9.6 billion of its targeted EUR10 billion asset disposal plan.

Pieridae Energy has welcome the decision of the Nova Scotia Utility and Review Board to issue the permit to construct the Goldboro LNG Facility.Pieridae will now proceed diligently to satisfy each of the associated conditions of that permit and to commence the construction of the Goldboro LNG Facility as soon as a positive financial investment decision is taken by Pieridae.In anticipation of the commencement of construction, Pieridae has engaged Hatch Ltd. to act as its engineering adviser. Hatch was selected due to its core competencies in the conversion, storage, handling and transportation of LNG, which is critical to ensuring a well-thought-out plan that incorporates all aspects of the project site.Hatch has a global network of approximately 9…

Simec Atlantis Energy  announced that it has appointed Mr. Andy Richardson into the role of Chief Operating Officer at Simec Atlantis Energy.A press release from the global developer, owner and operator of sustainable energy projects with a diversified portfolio of more than 1,000 megawatts in various stages of development said that this will be a non-Board appointment.Andy is a senior figure in the global power generation sector, a Chartered Fellow, having formally held roles as Head of Asset Management and Engineering Manager at Alstom Power Service UK and Director Thermal Generation (4 GW Generation) at EDF.Andy moved on to become the Executive Director of Thermal & Renewables at EDF where he was a member of the Energy Branch Board with main Board responsibility for gas storage…

The oil giant Saudi Aramco has competed the rehabilitation and upgrade project of the Yanbu South Terminal (YST), which adds an extra three million barrels per day of crude oil to its West Coast export capacity.Yanbu South Terminal, which is located south of Yanbu City on the West Coast of Saudi Arabia, consists of a tank farm and offshore facilities to receive, store and load Arab Light (AL) and Arab Super Light (ASL) crude oil.The facility’s integration with the existing crude oil supply network adds 3 million barrels per day to Saudi Aramco’s export capacity through the West Coast, thereby reinforcing the reputation of Saudi Aramco…