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Tuesday, October 27, 2020

Energy Industry News

Ammonia-fueled ammonia gas carrier concept (Image: NYK Line)

Japanese Partners Eye Ammonia as Marine Fuel

A joint research and development (R&D) project initiated by a group of Japanese maritime companies aims to utilize ammonia as a marine fuel and establish methods for the mass transportation and supply of ammonia.The joint R&D agreement signed by NYK Line, Japan Marine United Corporation and Nippon Kaiji Kyokai (ClassNK) on August 6 will target the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia…

(Photo courtesy GAC)

Redoubling Our Resolve to Deliver Energy Transition

As momentum behind decarbonization accelerates, offshore service providers must accept the challenges ahead with great enthusiasm, harnessing key skills honed during many years working offshore, says William Hill, Executive Group Vice President, GAC Energy. The enforced shutdown of much of the industrialized world in response to the COVID-19 pandemic has thrown into sharp contrast the state of the environment before and after production, transportation and travel were dramatically cut back.

Photo courtesy of Port of Houston

Tonnage Slips at Port Houston Amid Pandemic

Monthly cargo volumes at Port Houston declined in April as the coronavirus outbreak continued to impact commerce in the U.S. and across the world.Port Houston, the 6th largest container port in the U.S., handled a total of 221,540 twenty-foot equivalent units (TEUs) in April, down 12% from the 252,693 TEUs in April 2019. For the full year, however, Port Houston handled 994,627 TEUs through April, which is 5% more than the first four months of 2019.Total tonnage at Port Houston’s public facilities was down 10% in the month of April at 3,766,756 short tons, a decrease of 3% year-to-date.

© Romolo Tavani/AdobeStock

Managing a Crisis: Covid-19 and the Threat to Critical National Infrastructure

In the midst of uncertainty and significant risk to people’s health, it is clear that the need for robust and accurate screening and testing of Covid-19 is needed now more than ever.The social and health implications of Covid-19 have already been well documented. However, what still remains largely unclear, is how badly Critical National Infrastructure and supply chain is going to suffer and what measures can be put in place to preserve it, especially offshore.It is imperative that workers involved in the energy industry are supported in their efforts to keep operations running.

Image: ERSG

ERSG Names Japan Head

Renewables recruitment outfit ERSG has opened an office in Tokyo, Japan and has appointed Samuel Griffiths as country manager.Samuel has lived in Tokyo for 20 years and has been recruiting in the Japanese market for more than 15 years, he is therefore ideally placed to head up their Tokyo office. He will be supporting the business in the renewables and engineering sectors across the APAC region."The Tokyo office compliments ersg’s first move into Asia via Taipei, Taiwan last year…

Frans Timmermans, Executive Vice President-Designate of the European Commission (Photo: EPA-EFE/DANIEL DAL ZENNARO/ESPO)

ESPO Welcomes Europe’s Green Deal Ambition

The European Sea Ports Organisation (ESPO)  welcomes Europe’s ambition as enshrined in the European Green Deal, to become the world’s first climate neutral continent by 2050.European ports are at the crossroads of supply chains. As clusters of transport, energy, industry and blue economy, they add great value and are at the service of the European economy and society. They are a strategic partner in making this ambitious European project happen.In the coming weeks, ESPO and its…

Ed Grimm, (second from left) CEO, Southern Towing Company during a crew visit.

Interview: Ed Grimm, CEO, Southern Towing Company

“In God we trust. All others must have data.”When Ed Grimm took the helm of Southern Towing Company (STC)as President and CEO, he inherited an enviable team of leaders, engineers, mentors, communicators and analysts. Today STC is a clear leader on the inland waterways, pioneering and proving the business and safety value of Z-Drives on the river towboats.How did you come to the top spot at Southern Towing Company?I started in the energy industry at 16 working at an oil storage depot in New York Harbor, working there through high school and putting myself through college.

The crew transfer training facility is a critical component of a comprehensive safety training program to be offered by Mass Maritime. Image: MMA

Massachusetts Maritime Academy Opens Wind Training Facility

Baker-Polito Administration Celebrates the First-in-the-Nation Offshore Wind Training Facility Located at Massachusetts Maritime Academy. MMA steps out in front to train the professionals who will make the coming wave of domestic offshore wind.Today, Governor Charlie Baker, Lt. Governor Karyn Polito, Secretary of Energy and Environmental Affairs Kathleen Theoharides, and Stephen Pike, CEO of the Massachusetts Clean Energy Center, joined officials from the Massachusetts Maritime Academy to launch the first-in-the-nation offshore wind crew transfer training facility.

Pic: Topaz Energy and Marine

Topaz Extended Drydocking Scheme with ABS

Topaz Energy and Marine, the offshore support vessel company providing marine solutions to the global energy industry, and ABS have, together with the State Maritime Agency under the Ministry of Transport, Communications and High Technologies of the Republic of Azerbaijan (ASMA), announced the implementation of a pioneering project enabling a condition-based survey approach."This achievement, which resulted from the visionary approach between Topaz, ABS and ASMA, marks a significant step in Topaz’s journey to transform its fleet to a condition-based class model…

Image: geoLOGIC systems

GeoLOGIC Acquires TOP Analysis

Canada's geoLOGIC systems announced that it has purchased TOP Analysis, a provider of Canadian thermal oilsands critical information & competitive intelligence through  an easy to use SaaS platform available to all disciplines."TOP Analysis is regarded as an industry standard for data  associated with thermal projects and all oil & gas regulatory information by engineers, geologists and other technical professionals. TOP Analysis enabled clients to be competitive in a market where the ability to make timely development decisions can make or break a company…

Image: Topaz Energy and Marine

Topaz Revenue Climbs

Revenue of Topaz Energy and Marine of the United Arab Emirates (UAE) for the six-month period of 2019 was $235 million, an increase of 56% compared to H1 2018.Dubai-based offshore vessel operator’s first-half net income also surged to $42 million from a $4m loss recorded at the end of first six months of 2018.Earnings before interest taxes, depreciation and amortization rose by 83 percent to $141m in the first half.The global ports operator DP World acquired Topaz from Oman's…

Photo: ERSG

ERSG Appoints USA Offshore Wind

UK energy industry recruitment outfit ERSG has appointed Chris Stupack as head of offshore wind in the United States.Stupack will be leading ERSG's office in Boston, which opened in November last year, where the company will be focusing on supporting the development of the offshore wind market.Chris comes from a strong recruitment background having started in the industry 5 years ago, showing passion and natural aptitude he progressed quickly to a divisional head of energy with his previous employer.US offshore wind power is set to achieve 86…

DP World buys Topaz Energy for $1 bln

Port operator DP World Plc will buy Topaz Energy and Marine Limited for $1 billion from Standard Chartered and Renaissance Services, DP World said on Monday.Topaz is a provider of marine logistics to the global energy industry. The deal is the latest in Asia-focused lender StanChart's efforts to sell its private equity business as part of a broader shift away from direct investing.Reporting By Lawrence White

Isabelle Ryckbost. Photo: ESPO

Ports Push for Smart Europe

European ports have prepared a memorandum emphasising the role port managing bodies can play as facilitators of the port ecosystem in view of the European elections, which will lead to a new Commission, a new European Parliament and a new vision for Europe.The representative body of the port authorities, port associations and port administrations of the seaports of the member states of the European Union and of Norway, European Sea Ports Organisation (ESPO) has prepared a "ESPO memorandum"…

(Photo: Topaz Energy & Marine)

Overcoming Local Crew Challenges

Dubai headquartered offshore support vessel (OSV) company Topaz Energy & Marine provides marine solutions to the global energy industry with primary focus on the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of MexicoIn 2017, Topaz awarded Worldwide Recruitment Solutions (WRS) a contract as sole provider of managed services, which saw the UK based workforce solutions provider undertake crew management responsibilities for five vessels, all Topaz owned and operated…

Breakbulk Europe Returns to Bremen in 2020

Breakbulk Europe, the world’s largest event for the project cargo and breakbulk industry, will return to Bremen, Germany, for the third consecutive year in 2020 at Messe Bremen from 26-28 May.The official signing took place today at the Bremen Town Hall between Martin Günthner, Minister of Economic Affairs, Labour and Ports of the Federal State of Bremen, Germany, and Nick Davison, Portfolio Director for Breakbulk Events, ITE Group. Joining the two cosigners were Hans Peter Schneider…

The vessel Skandi Captain on its maiden visit to the Port of Lowestoft. Image: Associated British Ports

Skandi Captain's Maiden Visit to Lowestoft

Associated British Ports (ABP) said that its Port of Lowestoft welcomed the Platform Supply Vessel (PSV) the Skandi Captain this week on its maiden call to the port.The visit is the latest in ABP’s partnership with Peterson UK Limited, the major logistics and service provider to the offshore energy industry.The Skandi Captain is the 50th additional call to Lowestoft since the Peterson agreement which was signed in January 2019, bringing vessel visits into the inner harbour on…

Isabelle Ryckbost. Photo: The European Sea Ports Organisation

ESPO Hails EU's Call for $38bln Transport Budget

The European Seaports Organisation (ESPO) said it strongly supports the European Parliament’s call for an increased transport budget of EUR33.5 bn ($38bln).The budget proposed by the European Commission is insufficient to complete the TEN-T network and to invest in a safe, modern and sustainable transport network. Moreover, ESPO believes the proposed EUR10 bn transfer from the Cohesion Fund to Council on the future Connecting Europe Facility (CEF II) should be safeguarded. ESPO…

Pic: Subsea 7 S.A.

Subsea 7 Buys-back Shares

With the market looks upbeat, Luxembourg-based subsea services vessel owner Subsea 7 announced a share buy-back programme."Reflecting Subsea 7’s strong financial and liquidity position and improving market outlook as well as a rebalancing of cash returns to favour share repurchases, the Board of Directors authorised a new share repurchase programme of up to USD 200 million," said a press release from the subsea engineering, construction and services company serving the offshore…

Eamonn O’Reilly, Chairman. Photo: European Seaports Organisation

ESPO Calls for Strengthening Maritime Connectivity at EU Ports

The investment needs of European ports over the next ten years amount to 48 billion EUR. Many port investments score high in creating societal value but the return on investment for the investor, the port managing body, is often low and slow.For these investments, external funding is needed. Ports have only been able to obtain 4% of the CEF transport budget over the last three years. These are the main results from the Study European Seaports Organisation (ESPO) launched in spring…

Image: AET Tankers Pte Ltd

AET and Shell Sign DPST Contract

Shuttle tanker owner AET, a wholly-owned subsidiary of  Malaysia's MISC Group, has won its first contract with Shell in Brazil to time charter one new-build dynamic positioning shuttle tanker (DPST).AET earlier this year sealed a long-term charter for two newbuild LNG-fuelled Aframax tankers with Shell that is set to begin in the fourth quarter of this year.AET President & CEO Capt. Rajalingam Subramaniam said: “Shell has chosen to use our shipping services for many years and…

Photo courtesy of MPA

Montrose Welcomes First Cruise Ship

Montrose Port Authority, a support and service hub for the energy industry, has put Angus on the map as a tourist destination, after welcoming its first ever cruise liner to the port.Greeted by Scottish celebrity piper, Louise Marshall, the MS Hebridean Sky docked at Montrose Port on August 17, carrying 103 passengers as part of an Epic Iceland tour offered by Noble Caledonia.The tourists had the opportunity to visit some of the north-east’s key attractions such as Glamis Castle and Arbroath Abbey…

Image: Subsea 7

Subsea 7 Signs on for FutureOn Planning Software

Norway-based digital technology innovator FutureOn announced a multi-license contract for its Field Activity Planner (FieldAP) software with Subsea 7, a leading global contractor providing engineering, construction and services to the offshore energy industry.“FieldAP brings all the data about the field into one centralized digital environment to help our customers see more about their assets from every vantage point and collaborate meaningfully, which makes it possible for them to make economically prudent planning decisions…

Zineddine Benhadid (Image: CMR Group)

CMR Names Benhadid MD in Tunisia

CMR Group, the global Instrumentation Control and Automation specialists on energy, industry and marine, has appointed Zineddine Benhadid to lead its Tunisia manufacturing operation and oversee the development of its activities across the Region, meeting the growing demand for its advanced engine wiring harnesses, temperature sensors and integrated control system solutions.With extensive manufacturing and management experience gained at several groups, including Valeo, Asteelflash, and Cofitel, Zineddine Benhadid will manage the 340-strong team at CMR facility in Tunis.

© Dale Stagg / Adobe Stock

China Surprises with Threat on US Energy Exports

Beijing surprised oil markets with threats to levy tariffs on imports of U.S. crude oil, natural gas and other energy products on Friday, just as China has risen to the top of the list of importers of oil from the United States.China responded to $50 billion in tariffs imposed by U.S. President Donald Trump with a similar amount of levies on a variety of U.S. goods. But China also said it would impose tariffs on U.S. energy products, which analysts considered a surprise as previous tariff threats had centered on agricultural goods and automobiles."This is a big deal.

Nik Scott-Gray (Photo: Montrose Port Authority)

Montrose Port Receives $2 Mln Investment

Montrose Port Authority, a support and service hub for the energy industry, has received a £1.5 million ($2 million) Ports Mode Shift Grant from the Scottish Government.Following on from a period of significant investment for Montrose Port Authority, the funding feeds into the port’s strategic growth plans which will allow larger cargo vessels to dock in Montrose.The Grant will support the development of two new North quaysides – berths seven west and eight. This will increase the port’s capacity…