Inside Energy February 2019 by Energy Industries Council

Inside Monthly news for EIC members February 2019

Sector analysis

One-to-one

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Crondall Energy’s PROBE takes the uncertainty out of pipeline design

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Spotlight on technology

Aggreko’s Alex de Valukhoff on supporting the energy transition

Global growth, technological developments and diversification options in offshore wind

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Sector analysis Outlook for global offshore wind The global offshore wind sector witnessed significant activity in 2018, continuing its rapid expansion. Global installed capacity reached approximately 18GW and estimates suggest 4.7GW in capacity additions in 2019. The UK continues to lead the market in operational projects, with approximately 8GW online. It is followed by Germany with 6.4GW and China with 3.6GW in operational assets. The UK and Europe leading the way As a region, Europe is still the global offshore wind leader, with approximately 16GW worth of projects operational and 3.2GW under construction. However, 2018 witnessed considerable activity in overseas markets as well, with both Taiwan and the US making headlines. Taiwan is expected to reach its target of 5.5GW by 2025 and the US will see development of up to 6GW between 2021 and 2027. Developments in these markets are expected to pick up in the early 2020s as the first large-scale projects are implemented, with opportunities for local supply chain development as well as exports by established European suppliers. By 2030, offshore wind is estimated to reach an installed capacity of more than 115GW globally, with the International Energy Agency seeing up to 200GW of developments by 2040. Technological developments driving growth The sector’s growth continues to be driven by individual governments’ policy commitments, technological innovation and improvements, and ongoing cost reductions throughout the supply chain. GE Renewable Energy announced production timelines for its 12MW Haliade X turbine in March 2018, while MHI Vestas continues to upgrade its V164 model with the launch of a 10MW unit in September 2018. Adapting to these technological developments has been a key topic of discussion for the supply chain, as installation contractors and ports consider upgrading their capacities and infrastructure. Floating offshore wind Floating offshore wind (FOW) has caught the attention of developers as well as contractors in the oil and gas sector looking to diversify into the industry. While still at a nascent stage, a project pipeline is gaining visibility and the technology is maturing. Equinor is planning to establish an 88MW floating wind farm to power its Snorre and Gullfaks platforms by 2021. In the US, the developers of the 150MW Humboldt FOW project off the coast of California reached a milestone in submitting a lease application to the Bureau of Ocean Energy Management in September 2018.

Lara J

uergen

Supply chain opportunities The offshore wind supply chain has seen significant development on the back of steady capacity growth and project pipelines. Clusters and hubs are increasingly becoming visible across the UK and continental Europe alongside offshore wind development zones. Developers continue to stress the importance of innovation, technological improvements and cost reductions, with contractors now facing a highly competitive environment. Cable suppliers and installation contractors are preparing for additional demand from the growing pipeline, as well as closely following developments and requirements in the FOW sector. Array and export cable markets are estimated to reach a value of £13.6bn by 2028 if current global project pipelines are realised. The UK will represent the largest market, valued at £3.64bn, seeing a total 9,300km worth of cable installed, followed by China with 6,550km of cables and Germany with 4,400km. O&G diversification The offshore wind industry offers significant opportunity for oil and gas contractors to diversify across the value chain. Similarities exist in project development activities such as geotechnical investigations, as well as in offshore operations such as substation installation and cable laying. Major Tier 1 contractors such as Van Oord and GeoSea have shifted to include offshore wind operations in their portfolio and benefit from the strong project pipeline. Offshore wind does not just represent a way of continuing operations during low oil and gas prices and activities, but a long-term business development strategy. While the supply chain continues to mature and move towards standardisation and consolidation, it is not too late for companies to enter the market. Interested in offshore wind? The EIC Global Offshore Wind Insight Report is now available, free of charge to EIC members and for £195 for non-members. To download your copy please visit: www.the-eic.com/Publications/MarketIntelligenceReports Lara Juergens, Energy Analyst lara.juergens@the-eic.com

Designed and published by the Energy Industries Council 89 Albert Embankment, London SE1 7TP Tel +44 (0)20 7091 8600 Fax +44 (0)20 7091 8601 Email info@the-eic.com Web www.the-eic.com @TheEICEnergy EIC (Energy Industries Council)

Inside this issue... This month the EIC is going to Mexico. And you should be there with us! It’s still not too late to join our overseas delegation to Mexico on 18 February (see page 14 for an insight into what goes on during an EIC overseas delegation) and the EIC Connect Mexico Energy Forum on 19 February. Since the North American country’s historic energy reform in 2013 broke Pemex’s monopoly on Mexico’s oil and gas industry, opening it to foreign investment, international oil companies and contractors have been queuing to enter the market. The first auctions of oil and gas blocks have proven popular with a high number of bidders taking part. Already bearing fruit, most notably the Zama discovery – described as one of the largest shallow water finds in the past two decades – by a consortium of Mexico’s Sierra Oil & Gas, the US’ Talos Energy and the UK’s Premier Oil, newly-elected President López Obrador has committed to continuing the tender process, with around 500 more blocks up for grabs over the next five years. Our delegation and EIC Connect event are the perfect way to make the move into Mexico. You’ll meet the country’s key operators and contractors, find out what their supply gaps are and how to work with them.

Inside this issue...

EICDataStream 5

Ryan M

cPhe

rson Terry joined the EIC over 15 years ago, setting up the Dubai office and building up the local Middle East membership to what it is today. During that time, he’s helped countless businesses to take their first steps in the region, as well as enable the growth of those companies already established in the Middle East, putting his indepth knowledge of the local industry and extensive contacts at their disposal. Terry has always put our members at the heart of everything he does, working tirelessly to ensure they are able to make the most of any opportunity in the region. See Terry’s sign off on page 18.

I’m sure all our readers and members will join me in wishing Terry a well-earned retirement and all the best for the next phase of his life as well as welcoming Ryan to the EIC. Wishing you all the best for 2019. Edward White, Editor and Communications Manager edward.white@the-eic.com Visit www.the-eic.com/Forms/NewsletterSignup Please contact edward.white@the-eic.com

Sector analysis

One-to-one 4

Last month we held a send-off event at the Rosso restaurant in Dubai for EIC Middle East Director Terry Willis, who officially steps down this month at the Middle East golf tournament on the 21st, handing over the reins to Ryan McPherson.

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Contents

New EIC members

Member news

Social media round up 11 Spotlight on technology 13 Overseas events

UK and Europe news 15 Forthcoming events

Middle East news

Asia Pacific news

North America news

South America news 21 EIC Survive & Thrive II 22 Follow @TheEICEnergy

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One-to-one

with Alex de Valukhoff Managing Director for Eurasia and Oil and Gas Global Sector Lead, Aggreko Aggreko is a global specialist provider of mobile modular power, temperature control and energy services. It operates 190 sales and service centres in 80 countries across the world, providing energy and related products, such as heating and cooling. As the energy market undergoes a significant transition, driven by decarbonisation, decentralisation, digitalisation and demographic change, Aggreko is well placed to support businesses to solve complex power and temperature control issues.

Waste gas is a major contributor to CO2 emissions. What work is Aggreko doing in this area?

We’ve been helping a number of O&G operators harness waste gas for power generation, helping them to monetise their gas, provide usable energy and reduce emissions. Not all waste gas can be captured, but the gas that can ticks a number of boxes: it can be used onsite to power production facilities; it can also provide additional revenue with the possibility of selling the excess to the national grid; and it helps reduce overall emissions. If it were possible to capture and use the current level of globally flared gas for power generation, it could provide more electricity than Africa’s current total annual consumption.

Can you tell us about your work on landfill gas?

Aggreko has engineered energy solutions which can be powered by many different types of niche gases, including biogas produced by landfill waste.

In Argentina, the largest domestic waste collection company serves around 10 million people, who create between 1,000 and 1,200 tonnes of waste every month.

They needed 4.5MW of additional power to meet their growing demand using the gas derived from household waste. We engineered and deployed a solution in less than a month, which overcame the challenges presented by using this type of uncontrolled biogas, drawing on our Next Generation Gas equipment. Q

Aggreko has moved into offshore wind. What were the drivers and challenges?

The energy market is evolving at a rapid rate, driven by several factors, one of which is decarbonisation. We see our role as pivotal in supporting this transition, providing an energy supply that can always be relied on.

Getting temporary power to an offshore wind farm is no easy task – the solution needs to be bespoke and flexible. In the North Sea, our client needed heaters and dehumidifiers to protect the electrical components in the turbines. Aggreko’s temporary power package enabled the commissioning phase of the wind farm to go ahead without a hitch.

Talking about reliability, energy storage is a hot topic. What solutions does Aggreko offer?

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It isn’t a secret that renewables cannot continuously power the grid. If the wind doesn’t blow, energy can’t be generated by a turbine. Battery solutions are needed to store energy during times of over-supply to help integrate wind power into the grid. Our microgrid and storage solutions team create solutions to meet the most complex needs and support businesses to incorporate renewable energy into their power supply. Our thermal solar hybrid power plants combine renewables with thermal power generation and battery storage to offer flexible, reliable power at a lower cost and integrate renewables into mainstream energy markets.

Q A

What’s next for Aggreko? 2019 will see us launch two new products. In partnership with Cummins, we’ve re-engineered our current Cummins engine within our Diesel portfolio. This will deliver a further 1.6% fuel efficiency, totalling more than 6% improvement to the standard Cummins G3 model. Our new Next Generation Gas model, the 420E, will deliver a 1.2% improvement in fuel efficiency compared to the model we currently offer. This positions us as market leaders in fuel efficiency, achieving 44.1%. As well as the significant cost advantage for our customers, it also plays a role in helping to achieve sustainability objectives by using less fuel.

Global opportunities THE UK

INDIA

THE US

Islandmagee Energy – Larne Lough

Kakinada refinery and petrochemical plant

Atlantis offshore oil and gas field phase III

Operator: Islandmagee Storage Value: US$308m Infrastrata issued an invitation to tender package to Costain, Fluor, Petrofac, Saipem, SNC-Lavalin and WSP for the EPC contract. The work scope, for this natural gas storage project, will include all surface, subsurface and integration work.

Operator: Haldia Petrochemicals Value: US$8.6bn Haldia Petrochemicals has signed a memorandum of understanding with Andhra Pradesh government to set up the new build plant. The project is expected to be completed within five years.

Operator: BP Value: US$1.3bn BP has approved the phase III expansion of Atlantis. The project, which is due to be completed in 2020, will exploit an additional 400MMbbl of oil. TechnipFMC has been awarded an integrated EPCI contract for subsea equipment.

For more information on these and the 8,500 other current and future projects we are tracking please visit EICDataStream

POLAND

THE UK

SENEGAL

Baltic 2 and 3 offshore wind farms

Acorn Carbon Capture and Storage project

Malicounda heavy fuel oil power plant

Operator: PGE (Polska Grupa Energetyczna) Value: US$5.5bn Development of two offshore wind farms in the Baltic Sea with a combined capacity of 2.5GW. Gavin & Doherty Geosolutions will provide geotechnical consultancy services to determine the project’s design.

Operator: Pale Blue Dot Energy Value: US$300m A full-chain CCS project in Scotland that will take CO2 from the St Fergus gas terminal to be stored offshore in permanent underground storage in saline formations. The developer has secured a four-year CO2 appraisal and storage licence.

Operator: Matelec Group Value: US$150m Construction of a 130MW heavy fuel oil power plant in Mbour. Plans are in place to convert the facility to a gas-fired plant when sources are available. Wärtsilä has been chosen as the lead contractor and engine supplier.

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https://www.rgu.ac.uk/business-innovation/business-services/fit4energy

New EIC members NEW GLOBAL MEMBER

NEW UK MEMBER

NEW PRIMARY MEMBER

OPRA Turbines

Rain for Rent International UK

Waves Group

Haaksbergerstraat 71 Hengelo 7554 PA The Netherlands

Peace Street Bradford BD4 8UF

33 Creechurch Lane London EC3A 5EB

The Nominated Representative is Ms Marta Grimaldi, Business Development

The Nominated Representative is Mr Eamon Dillon, UK Commercial Manager

The Nominated Representative is Ms Jucilla Walters, Marketing Communications Manager

Telephone +31 (0)74 245 2121

Telephone +44 (0)845 900 2841

Telephone +44 (0)20 7083 7266

Email m.grimaldi@opra.nl

Email eamon.dillon@rainforrent.co.uk

Email j.walters@waves-group.co.uk

Web www.opraturbines.com

Web www.rainforrent.co.uk

Web www.waves-group.co.uk

OPRA Turbines develops, manufactures and services state of-the-art gas turbine systems, and is headquartered in Hengelo, the Netherlands.

Rain for Rent is a leading provider of temporary liquid handling solutions. With more than 80 years of engineering excellence in temporary liquid movement, filtration and storage in the US, Rain for Rent brings this liquid ingenuity® to the UK.

Waves Group combines the expertise of Mwaves and Cwaves. The company is a completely independent marine and engineering consultancy to the shipping and offshore energy industries for marine casualties, claims, disputes, litigation, platform decommissioning, renewable energy and other offshore projects.

Its advanced turbine technology has turned the OP16 gas turbine into a masterpiece of technology allowing the company to serve global markets with clean, distributed energy solutions. Setting the standard in terms of availability, reliability and low maintenance costs, OP16 gas turbines allow for very costeffective ‘always-on’ generation of electricity and heat. Thanks to its unique combustion technology, OP16 gas turbines can even turn dirty fuel gas that would otherwise be flared, vented or simply wasted into green power and clean exhaust gas.

Products and services include newly designed storage tanks, filtration units and spill containment for use in wastewater services, environmental remediation, construction, in fact any industry that needs liquid handling solutions. Combining a storage tank with the E-Contain® Spillguards, filtration units and PipeStax®, will provide a complete containment system protecting your workforce, project and the environment.

OPRA Turbines’ gas turbine systems will continue to be a structural component of tomorrow’s green energy landscape, and drive the world’s energy transition.

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Waves Group’s philosophy is to deliver exceptional service to its clients at a competitive price. It is self-owned and has no third-party interests, therefore its only interest is in making sure that clients receive the highest quality service. Waves Group provides technical support and advice with a 24/7 response service available for marine casualties, salvage, wreck removal projects and port damage claims worldwide. The company will always make cost savings where possible and minimise clients’ project risks.

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Member news BrandSafway acquires Lyndon Scaffolding

Global provider of access, specialised services, and forming and shoring solutions BrandSafway has acquired Lyndon Scaffolding, along with Taylor’s Hoists, which was acquired by Lyndon Scaffolding in 2017. Established in 1968, Lyndon Scaffolding is one of the largest independent scaffolding contractors in the UK, with more than 600 employees, which include both an inhouse engineering and safety team. With locations across England, Wales and Scotland, Lyndon Scaffolding has worked on some of the UK’s most impressive projects. Lyndon’s portfolio of recent projects includes the Jubilee Bridge at Runcorn, BBC Broadcasting House, Tate Britain, the Severn Bridge, Birmingham Gateway Station, the Millennium Stadium in Cardiff and the Scottish Parliament Building. Lyndon Scaffolding will be combined with SGB, a BrandSafway scaffolding and access unit of Brand Energy & Infrastructure Services UK and together the new company will operate as Lyndon SGB by BrandSafway.

For more information: www.beis.com/uk

Cargostore launches new web shop and 24/7 number Shipping container specialist Cargostore has unveiled a new 24 hour phone answering service and web shop for replenishable container supplies was part of its recent website update.

The 24/7 telephone service provides round-the-clock support for messages, quotation requests or for other general inquiries. The web shop provides a convenient way for existing customers to easily purchase online and cut ordering time to a minimum. This is particularly useful for clients who need supplies in a limited time frame. Slings, tarpaulins, twistlocks, absorpoles and other container accessories can be purchased with the click of a button.

For more information: www.cargostore.com

Churchill’s Drift CatcherTM hits 2,000th run milestone

Churchill Drilling Tools, a leading oilfield service company specialising in drilling innovation, celebrated a landmark achievement this month. Churchill’s Drift Catcher™, run by operators across the globe to secure positive drift confirmations, celebrated its 2,000th run. The Drift Catcher™ is easy to use and helps improve operators’ pipe-drifting safety and efficiency. Traditional methods such as drifting in the derrick not only take up precious rig time but expose personnel to potential injuries from dropped objects. In addition to time savings and improved safety, a positive drift confirmation is available within a few minutes of deployment. Recognising this opportunity to improve the speed, safety and reliability of the drifting process, a number of US deepwater clients already confident running Churchill’s flagship tool, the DAV MX™ circulation sub, have added the Drift Catcher™ to their operations.

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The Drift Catcher™ continues to help operators cut costs, drive efficiency and improve safety performance. That operators have run it on 2,000 occasions reflects our close working relationship and their confidence in our tool’s simplicity, accuracy and its ability to reduce operating time and improve safety. Jose Soliz, Vice President of Sales for Churchill’s operations in the US

For more information: www.circsub.com

Elfab is first rupture disc company outside the US to achieve ASME certification

Elfab has enhanced its in-house testing capabilities with the new American Society of Mechanical Engineers (ASME) certified Flow Lab. It is the first rupture disc company outside the US to gain this certification. The Flow Lab is a test rig developed and assembled by Elfab’s engineering team. ASME certification authorises Elfab to apply a UD stamp to a wide range of rupture discs. The UD stamp is a legal requirement for many pressure relief products sold to the US and other geographical regions worldwide. The Flow Lab enables Elfab to establish a rupture disc’s resistance to flow and its minimum net flow area. This data is used by pipeline and process engineering designers, and the new facility will see Elfab certifying products to both ASME and the European ISO4126-6 standards.

Member news

Russell Trotter, Innovation Director at Elfab commented, ‘Achieving this leading, universally recognised standard is testament to our commitment to quality and continuous improvement, supporting our delivery of an enhanced service and product offering to our customers. Processes which previously took months can now be completed on demand.’

For more information: www.elfab.com

Fabricom Offshore Services moves into new Aberdeen office

Leading EPC service provider Fabricom Offshore Services has moved its Aberdeen base to a new office at Arnhall Business Park, Westhill. Signing the 10-year lease reaffirms Fabricom’s strong commitment to the Aberdeen area and the North Sea. The move will see a boost in jobs and training opportunities within the local area.

The move comes at a time of significant growth for Fabricom. In 2017, the company celebrated its 10-year anniversary and saw several major project wins, drawing on its high-quality engineering expertise.

For more information: www.engie-fabricom.co.uk

Offshore wind continues to blow FoundOcean in the right direction For the third successive year, offshore wind has helped to keep FoundOcean moving in a positive direction.

Ever since the Scottish-based company was founded back in 1966, it has maintained a strong global presence in offshore oil and gas, and although the recent downturn did impact on the business, the effects of the downturn were largely mitigated by the company’s activities in offshore wind. Since 2015, the company has taken part in nearly 20 offshore wind projects.

As for many offshore service companies, offshore wind has buffered the company from the full effects of the oil and gas downturn. As Jim Bell, CEO of FoundOcean, points out, ‘With European wind projects forging ahead with renewed confidence, and with a rapidly developing South East Asian market, we are now having to rethink our business, particularly as we are also aware of a noticeable pick up in other sectors. We’re very excited about these emerging opportunities, and planning for growth is a much more welcome activity than the opposite.’ The company’s flexibility and can-do attitude is one of its key strengths, and along with its large fleet of equipment, allows the company to readily adapt to its clients’ requirements.

For more information: www.foundocean.com

Petrofac wins £7.9m Ithaca contract Leading oil and gas service provider Petrofac has been awarded a £7.9m construction and commissioning contract by Ithaca Energy.

Ørsted

Fabricom currently employs over 100 personnel from its offices in Aberdeen and Newcastle upon Tyne, providing fully integrated EPC services to the energy industry.

The company provides specialist services ranging from concept development and brownfield modifications through to late life extensions and decommissioning.

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Member news

The last twenty-four months have seen solid trading for Servelec Controls and since assuming the role of Managing Director in 2016, Andrew has overseen an increase in customer satisfaction, profitability and market positioning, leading the company to achieving three national awards.

For more information: www.servelec-controls.com

The Ithaca-operated FPF-1 floating production facility

Petrofac will be responsible for the topsides construction and commissioning works that are to be undertaken on the Ithaca-operated FPF-1 floating production facility, for the tieback of the BP-operated Vorlich field subsea development in the Central North Sea. As duty holder of the FPF-1 asset Petrofac will fully integrate its operations and construction teams in support of the construction work scope, which is due to commence this month and complete in 2020. Nick Shorten, Managing Director, EPS, Western Hemisphere, said, ‘I’d like to congratulate our team on securing this fantastic project which builds not only on our existing relationship with Ithaca Energy, but our wider portfolio of brownfield engineering and construction projects. ‘Our track record for effective project delivery, combined with our operational knowledge of the FPF1 asset, will enable us to deliver an integrated technical solution aligned to our client’s project and commercial objectives. We very much look forward to supporting development of the Vorlich field and continued investment in the North Sea.’

For more information: www.petrofac.com

Successful management buy-out of Servelec Controls Servelec Controls, one of the UK’s leading systems integrators, is pleased to confirm a successful management buy-out led by Managing Director Andrew Mills and backed by private equity firm Alcuin Capital Partners. With Alcuin, Andrew and the management team now lead the business in its future strategy, with the goal of transforming Servelec Controls into a robust, standalone entity and a market leader in systems integration. The ability to run the business as a standalone entity will enable Servelec Controls to be more agile in its approach to both its staff and its customers in critical industries which include oil and gas, power, infrastructure and defence. The new chapter in the company’s development means Servelec Controls will no longer be part of the Servelec Group. Alcuin Capital Partners is a private equity firm specialising in growing businesses in the UK. Graham Morrison of Alcuin Capital Partners said, ‘We are delighted to complete our investment in Servelec Controls, a strong business with outstanding engineering expertise and significant opportunities for growth.’

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Sonardyne launches new era in acoustic and inertial operations A new platform bringing a reduction in complexity and overheads for offshore operations has been launched by leading underwater positioning and navigation specialist Sonardyne International Ltd. Available now, Sonardyne’s Fusion 2 long baseline (LBL) and inertial navigation system (INS) software offers marine survey contractors and offshore construction companies a single solution from which they can undertake field development projects faster and easier than ever. With Fusion 2, the separate software applications, vesselfit hardware and often complex communication interfaces that have been typically required to support LBL, acoustically-aided INS and Sparse LBL operations, have been replaced with a single, unified solution that is easier and faster to set up and run. Edward Moller, Global Business Manager, Construction Survey, at Sonardyne, said, ‘The release of Fusion 2 marks the culmination of years of engineering development work that builds on the achievements of our original Fusion platform by creating, for the first time, a single system surveyors can use for LBL aided INS operations and with more functionality and capability than they’ve had before.

New EIC members Social media Member round news up

‘Fusion 2 is also incredibly intuitive to use with a powerful customisable user interface and flexible operating environment, letting surveyors work how they want and see the information they want, when they want.’

For more information: www.sonardyne.com

Tube Tech celebrates 30 years in business Cleaning and inspection solutions specialist Tube Tech International (TTIL) is celebrating 30 years in business with the launch of a new arm that reflects the research and innovation-driven ethos behind the company’s success.

Social media round up We want to use every opportunity to connect with our members, so please follow us on Twitter (@TheEICEnergy) and connect with us on LinkedIn – EIC (Energy Industries Council) Below you’ll find a selection of some of the exciting EIC activities and useful industry information we’ve shared through our social media channels.

The EIC @TheEICEnergy

Founded in the UK in 1988, TTIL has become the go-to fouling removal service provider and often a lifeline for oil and gas companies, including global majors, experiencing a costly decrease in performance due to fouling build-up within static fired and unfired heat transfer units.

Attend Vietnam: Towards a Low Carbon Energy event in Hanoi this March and meet the key players in Vietnam! Free for EIC members, book now: bit.ly/2FUuVKU

With research and development central to TTIL’s global success, the company has marked its 30th year in business with the launch of Tube Tech Research and Development Ltd, a new company dedicated to pushing the boundaries of technology to provide innovative solutions to cleaning in all industrial areas.

The EIC is delighted to announce Ryan McPherson as our new Middle East Director! Find out more: bit.ly/2si0YfD

CEO Mike Watson reflected on TTIL’s history, saying, ‘I started Tube Tech from my bedsit in Shoebury, Essex, where my first job was to invent a self-sufficient machine to unblock a 1km irrigation pipe in a farmer’s field without access to any facilities. The following year I worked on a project for a major oil and gas company, then an oil platform, and from there, the rest is history.’

The EIC @TheEICEnergy

EIC (Energy Industries Council) Dara Ó Briain has been confirmed as the host for the EIC National Awards Dinner 2019 in London! Book your table now: bit.ly/2MZ14kd

For more information: www.tubetech.com

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Spotlight on technology Crondall Energy

www.crondall-energy.com

PROBE (PROBALISTIC BUCKLING EVALUATION) Crondall Energy is a leading independent oil and gas consultancy providing strategic, commercial and technical services for offshore oil and gas projects that use floating production and subsea technologies. The company works with a range of project stakeholders, including oil companies, investors and law firms. It helps its clients to manage technical, commercial and strategic risks and achieve positive project outcomes.

Pipeline challenges

A major design challenge for deepwater pipelines, is lateral buckling due to the high axial compressive force developed under operating conditions. Buckle locations are very difficult to predict, being dependent upon a number of uncertainties (such as pipe-soil interaction and inherent out-of-straightness). Current design methods make conservative assumptions to produce a safe design, often resulting in mitigation measures that cost millions of dollars. These mitigation measures may not be sufficient or may not be necessary. Sign Get inup touch for the EICOnline newsletter

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Managing design uncertainties Crondall Energy has been involved in pipeline design for many years and realised that the only way to manage the design uncertainty is within a probabilistic framework. It developed the PROBE computer programme to perform a full structural reliability analysis, using Monte Carlo simulation of a pipeline undergoing lateral buckling. The lateral buckling response of the pipeline is simulated many millions of times using different, randomly selected, values of the uncertain variables. By counting the number of simulations that lead to an unacceptable condition (for example local buckling of the pipe wall or girth weld fracture) the overall probability of failure can be calculated. PROBE has been used on many international projects to show that mitigation, based on traditional design approaches, can often be eliminated. Any EIC members who wish to be profiled in this section please contact Edward White, EIC Editor and Communications Manager edward.white@the-eic.com Follow @TheEICEnergy

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Overseas events It’s all about delegations

The last few months have seen the EIC Overseas Events team running some very successful trade delegations. In September we took a group of eight companies to Mozambique and South Africa where delegates enjoyed meeting key operators, EPCs and local partners, including Chevron, Shell, TechnipFMC, SASOL, Anadarko, the CCS JV and many more. November saw us take nine delegates to Uganda and Kenya led by Lord Popat, where we met with Total, CNOOC, GE, Mott MacDonald, Tullow Oil and National Oil of Kenya among others. 2019 is off to a busy start for the team with Pamela Nicholson taking 11 delegates on a trade delegation to Trinidad and Tobago, and Guyana, where they enjoyed insightful meetings with BP, Shell, Massy Wood, TechnipFMC, WorleyParsons, SBM, Atlantic LNG and more. To get a better idea of what happens on a trade delegation below is a diary excerpt from day two (15 January 2019) in Trinidad and Tobago.

A day in the life of a trade delegation 06:30 Wake up 07:00 Breakfast 08:00 Depart hotel for the British High Commission 08:30 Market introduction and sector briefings with regional specialists and the British High Commissioner Tim Stew MBA 10:00 The delegation meets with BPTT to discuss current and future project opportunities. Received by BPTT President, Vice President for Corporate Operations and the region’s Procurement and Supply Chain Director, plus managers 11:30 Meet with BHP who outlines its work plans for the region and engages in an open discussion with the region’s supply chain manager regarding the company’s challenges and procurement opportunities 12:30 Lunch 13:30 Meeting with Shell, who outlines its ambitions and anticipated growth in the region over the next decade. The group was hosted by the Vice President for Shell Trinidad and Tobago, along with his operations and procurement team representatives 15:00 Back to the British High Commission for high tea and a chance to catch up on emails 16:00 The delegation meets with Atlantic LNG’s CEO, COO and Vice President Procurement and supply chain management to understand the midstream opportunities with Atlantic and to discuss potential new technologies available from UK innovators 18:30 Networking reception with around 80 guests, held at the British High Commissioner’s residence providing an opportunity for the delegation to follow up on conversations from earlier in the day and to connect with the region’s most influential energy professionals 20:30 Dinner 22:00 Head hits the pillow

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UK and Europe news Regional update

I’d like to start by wishing you all a belated happy New Year. 2019 has been an exciting time so far for us at the EIC, with a few internal structural changes coming into effect Johan na Cam pbell that will further enhance our event’s calendar and the membership experience for you all. As this is my first regional update let me take this opportunity to introduce myself. I was previously the Business Lead and Events Manager for Scotland, based in the EIC’s Aberdeen office and have recently been appointed as Head of UK and Europe, taking over the role from Terri Sylvester who has now been appointed as Head of Training and Administration within the business. As a part of my new role I will be relocating to EIC’s London headquarters and will be responsible for all events across the whole of the UK. We’re also aiming to expand an exciting events programme throughout mainland Europe. Looking ahead, the UK Events team will be working hard to increase its current events programme in every region, committed to continuing to create valuable business opportunities for the global energy supply chain. On 17 January, we held a sold-out business presentation from WorleyParsons in Aberdeen with its senior management team delivering an informative presentation before hosting over 50 one-to-ones with attendees. Following on from the success of our summer networking event, the EIC bought people together from across the industry for our New Year Networking Evening on 23 January in London. This event provided attendees with a chance to entertain clients, socialise with other suppliers and make new connections. We also held a really interesting panel session in Aberdeen on the 25 January. It included representatives from CNNOC International (formerly Nexen), Aker Solutions, Apollo, industry regulator the OGA and supply chain consultant Robin Critchard, who discussed the ever-changing supply chain landscape. Topics included what contingency plans to make for Brexit, what the supply chain needs from government and likewise what the OGA is looking for from industry to make its Vision 2035 a reality. Sign up for the EICOnline newsletter

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It’s going to be a busy, but exciting, year for the UK Events team. I am looking forward to working closely with all the regions, meeting London and Teesside committee members and engaging more with all our members across the UK during our busy 2019 events calendar. Johanna Campbell, Head of UK & Europe jo.campbell@the-eic.com

Regional news

Interconnection projects across Europe progressing

Developers of power interconnectors in continental Europe and the UK have announced progress in recent months. SSE commissioned its 100mile Caithness-Moray subsea interconnector in early January 2019, following National Grid/ ScottishPower’s completion of the Western Link HVDC subsea line between Scotland and England and Wales in October 2018. National Grid and Energinet reached a project milestone for the 1.4GW Viking Link in signing a joint operations agreement in January 2019. In the same month, Nexans completed the installation and testing of the 500kV HVDC subsea link for the MON.ITA interconnection between Montenegro and Italy. Finally, Poland and Lithuania announced the construction of a new subsea transmission line, called the Harmony Link, to be commissioned by 2025.

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February – April 2019

Forthcoming events 6 February Management Course

EICDataStream/AssetMap training Online

10 February Overseas Delegation

India

Petrotech 2019

11 February Overseas Exhibition

Egypt Petroleum Show New Cairo Exhibition Centre

13 February Business Presentation

EICDataStream Overview EIC Kuala Lumpur

14 February Industry Overview

Fundamentals of Oil and Gas EIC London

18 February Overseas Delegation

Oil & Gas Trade Mission to Mexico Mexico City

19 February EIC Connect

EIC Mexico Energy Forum Mexico City Marriott Reforma Hotel

19 February Industry Overview

Fundamentals of FPSOs EIC Rio de Janeiro

20 February Management Course

EICDataStream/AssetMap training Online

21 February Corporate Entertainment

EIC Middle East Golf Tournament The Els Club, Dubai

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5 March Round Table

With Baroness Rona Fairhead London

5 March Management Course

EICDataStream/AssetMap training Online

12 March Regional Showcase

Vietnam

Hilton Hanoi Opera

13 March Business Presentation

EICDataStream Overview EIC Kuala Lumpur

20 March Management Course

EICDataStream/AssetMap training Online

26 March Technical Workshop

Fundamentals of Subsea EIC Kuala Lumpur

2 April Management Course

Bidding to Win EIC London

3 April Management Course

Technical Report Writing EIC London

3 April Management Course

EICDataStream/AssetMap training Online

8 April Overseas Exhibition

IPF – Offshore Wind

Grand Hyatt Hotel, New York For more information and to book visit www.the-eic.com

Forthcoming events

April â&#x20AC;&#x201C; May 2019

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16 April EIC Connect

EIC Connect Oil, Gas & Beyond Dusit Thani, Abu Dhabi

16 April Business Presentation

EICDataStream Overview EIC Kuala Lumpur

17 April Management Course

EICDataStream/AssetMap training Online

30 April Management Course

EICDataStream/AssetMap training Online

6 May Overseas Exhibition

Offshore Technology Conference NRG Park, Houston

8 May Business Presentation

EICDataStream Overview EIC Kuala Lumpur

15 May Management Course

EICDataStream/AssetMap training Online

16 May EIC Connect

EIC Connect Energy Thailand Bangkok

29 May Management Course

EICDataStream/AssetMap training Online

30 May Industry Overview

Fundamentals of FPSOs EIC Rio de Janeiro

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Middle East news Regional update

So this is it then, the final farewell, my very last newsletter. After a 15-year journey, it is time to pass the baton over to the next generation, with Ryan Terry W illis McPherson agreeing to manage the EIC’s Dubai office. During this month, we will be doing our best to introduce Ryan to the local membership with our annual golf tournament taking place on the 21st being my final swan song. After forty plus delegations introducing both members and non-members to new markets, local events in both Dubai and Abu Dhabi being too numerous to count, plus at least 10 ADIPECs, none of these would have been possible without the strong support of both the London and Dubai teams, for which sincere thanks are due.

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Regional news

Siemens to build most efficient power plant in UAE

February will start with my final trade delegation to Nigeria. This is a first for both the EIC and Ryan. With a full programme of meetings, it will give the delegates an opportunity to assess potential business leads as well as engage with local businesses, something which is essential given the very well-established Nigerian local content legislation that needs to be adhered to.

For the golf tournament, we are once again indebted to Triplefast Middle East for its continued support as the main event sponsor. With lots of bookings already confirmed, we can be sure that once again, a great day will be enjoyed by everybody. As a result of a dedicated marketing campaign, we are seeing an elevated level of interest in the Middle East version of EICAssetMap. This bolt-on tool is ideal for any company that is focused on operation and maintenance of existing plants. The application provides details on all energy related operating plants across Bahrain, Kuwait, Oman, Qatar, and the UAE, with Saudi Arabia coming soon. For a demonstration, please do not hesitate to contact the Dubai office where Fabrice or Jude would be delighted to talk you through this valuable new product. Well, that’s about it for now. May I take this opportunity to thank everybody for their unwavering support and wish everybody well for the future. I will share my contact details on my LinkedIn account which can be accessed at https://www.linkedin.com/in/terry-willis-44611b1/ Terry Willis, Director, Middle East, Africa & CIS terry.willis@the-eic.com Get in touch Share your news and views...

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Later in the month, we will be returning to the Egypt Petroleum Show with a slightly expanded UK presence which is not surprising, given the current high level of opportunities in both the hydrocarbon and renewables sectors.

German engineering giant Siemens will build what it claims will be the most efficient power plant in the UAE. The 600MW combined cycle gas-fired power plant will be located in Jebel Ali, Dubai, at an industrial facility owned by Emirates Global Aluminium. It will be the first time that Siemens’ H-class gas turbine will be deployed in the Gulf and is expected to lower greenhouse gas emissions from the facility by around 10% and cut NOx emissions by approximately 58%.

Forthcoming events

Please go to page 16 to see upcoming events in your region

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Asia Pacific news Regional update

EIC Asia Pacific visited Brunei at the end of January to attend a networking event with the British High Commission in the capital Azman Bandar Seri Begawan. We Nasir met with the British High Commissioner to Brunei, Richard Lindsay, to discuss future EIC activities in Brunei. In the evening we attended a networking reception hosted by the British High Commission and attended by business players in the country which included Brunei Shell, Petroleum Brunei, Sapura Brunei, Wood Group, ExxonMobil and senior officials from Brunei’s Ministry of Energy. Towards the end of this month we’ll attend the Japan Wind Expo in Tokyo, the largest exhibition and conference for wind energy in East Asia. The event showcases products like wind turbines, wind power generation systems and the like. We’ll be there to evaluate the viability of having a UK pavilion at this exhibition in the future. In April (date tbc) we’ll hold a business presentation by Sapura Energy, led by Projects Director Mr Anwar Ali. He’ll be talking through the groups’ project pipeline, while members of Sapura’s procurement team will also be on hand to answer any questions about how to register and work with Sapura. Future business presentations in our Kuala Lumpur office will involve speakers from companies such as PETRONAS subsidiary EPOMS, TechnipFMC, TNB and Wood. Watch this space for more details.

Vietnam

Towards a Low Carbon Energy Future Challenges and Opportunities 12 March 2019 • Hilton Hanoi Opera

The whole EIC Asia Pacific office is busy working on two major events in the region, namely, the joint EIC-DIT Towards a Low Carbon Future event in Hanoi, Vietnam on 12 March and EIC Connect Energy Thailand to be held in Bangkok on 16 May. Azman Nasir, Head of Asia Pacific azman.nasir@the-eic.com Sign up for the EICOnline newsletter

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Regional news

PTTEP unveils US$16bn 5-year investment plan

Thailand’s PTT Exploration and Production (PTTEP) has released its five-year investment plan (2019-23) worth a combined US$16.1bn to support its business expansion both domestically and overseas. For 2019, the company has set aside US$3.25bn for PTTEP and its subsidiaries, US$1.84bn of which will be capital expenditure and the remaining US$1.41bn operating expenditure. The company also targets average petroleum sales volume at 318,000 barrels of oil equivalent per day.

South Korea presses on with Shwe gas field

South Korea’s Posco Daewoo is preparing to launch work on the third phase of development at its Shwe gas field off Myanmar. This will involve the fabrication and installation of the low-pressure compression platform that will be linked to the existing Shwe offshore drilling, production and processing platform. A tender is expected to follow, with bid submissions likely in early 2019. Contract award is scheduled for the end of 2019, with fabrication to start in 2021 and commissioning in 2025.

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North and Central America news Regional update

On 29 January we worked with the Canadian Consulate General in Dallas to provide the Regional Showcase: Opportunities in the Oil and Gas Sector in Canada event. Delegates found out Amand a Duho n about current and future project opportunities with operators and contractors, received guidance on how to do business in the country and heard from companies who have been successful in the region. This month, on 19 February, we will deliver the inaugural edition of EIC Connect Mexico Energy Forum in Mexico City. Key operators and contractors will provide an overview of opportunities in Mexico. Attendees will have the opportunity to hear from and meet privately with buyers and procurement specialists from the country’s major players, including Jacobs, McDermott and Wood. To find out more or book your place, please visit: www.the-eic. com/EICConnect/MexicoEnergyForum. We look forward to welcoming you all to EIC Connect Mexico Energy Forum. The EIC North and Central America office is situated in the heart of Houston’s energy corridor, at the centre of global energy project decision making. We currently have three office suites available, as well as virtual and hot desk services. If you are interested in finding out more about the EICLaunchPad service or booking a hot desk and/or conference facilities at the EIC’s office in Houston, please contact me. Amanda Duhon, Regional Director, North & Central America amanda.duhon@the-eic.com

Regional news

Mexico’s fourth long-term power auction postponed

Following the inauguration of President Andrés Manuel López Obrador, Mexico’s fourth long-term power auction has been further postponed. Bids previously due on 4 December 2018 will now be due on 28 February 2019. The National Energy Control Center (CENACE) cited the delay is due to changes in staff at the Secretariat of Energy (Sener), state power utility Comisión Federal de Electricidad (CFE) and CENACE itself.

Record-breaking offshore wind auction results

The US Bureau of Ocean Energy Management has announced the results of a wind lease auction offshore Massachusetts. Winning bids for three offshore wind lease areas totalled US$405m, more than US$1,000 per acre. The lease areas have a combined potential for 4.1GW of commercial wind power development.

Forthcoming events

Please go to page 16 to see upcoming events in your region

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21 21

South America news One of our most popular workshops, the Fundamentals of FPSOs, is back, providing a comprehensive overview of the different components of an FPSO and their purpose. This is a rapidly Amand a Duho n emerging global market with Brazil leading the way. We’re running this course, in Portuguese, on 19 February and then next on 30 May. This course fills up quickly, so book now to avoid missing out: www.the-eic.com/ TrainingDetail?eventId=1193&dateid=2322 Petrobras has one of the O&G world’s biggest CAPEX budgets and plans to invest US$84.1bn between 201923 (see news item below). If you want to do business with the company, you need a Petrobras Certificate of Registration (CRC). The EIC offers an exclusive registration service to assist companies with this procedure, saving time and de-risking the process. Key tenders will be launched as Petrobras progresses with its ambitious projects, making it highly advisable for interested suppliers to start their registration process as soon as possible.

Regional update

Get your CRC with the EIC: www.the-eic.com/ WorldwideOffices/RiodeJaneiroSouthAmerica/ PetrobrasRegistration or contact Luanna Souza, Registration Officer: luanna.souza@the-eic.com If you need any assistance or advice in the region or for more information about upcoming events, please contact: Amanda Duhon, Regional Director, North & Central America amanda.duhon@the-eic.com

Regional news

Petrobras releases 2019-23 business plan

The Brazilian major plans to invest US$84.1bn in the next four years, according to its 2019-23 business and management plan released in December 2018. The E&P segment is slated to receive US$68.8bn in the period, with a strong focus on the development of presalt reserves. A total of 13 new production units will start operations by 2023 in the Santos, Campos and Sergipe-Alagoas basins. Petrobras also plans to invest US$8.2bn in the refining sector, US$5bn in natural gas infrastructure and US$300m in petrochemicals. The Brazilian national oil company has also allocated US$400m to wind, solar and biofuels projects. A highlight is the development of a pilot 5MW offshore wind turbine in north-eastern Brazil.

YPF to invest up to US$5bn per year by 2023

The Argentine national oil company has also released investment plans for the next four years. Its annual CAPEX target for 2019-23 will range between US$4-US$5bn, of which 75% will be directed to the E&P segment. YPF will invest heavily in unconventionals, which will receive around 70% of the company’s upstream expenditure. Shale deposits in the Vaca Muerta formation have transformed Argentina’s energy outlook, allowing the country to increase gas production and resume gas exports to Chile.

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EIC Survive &

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Volume II

EIC Survive & Thrive II

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EIC Survive & Thrive II

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EIC Survive & Thrive II

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In association with:

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• Meet your industry face-to-face and develop business with over 7,000 attendees • Join 200+ leading suppliers and build your sales pipeline • Connect with your target audience through dedicated sector trails • Promote to and network with key contacts from the renewables industry looking to source solutions Organised by:

Contact the Sales Team today to secure your preferred stand location all-energy.co.uk @AllEnergy +44 (0)20 8439 5560

ENERGY EXPORTS CONFERENCE Aberdeen Exhibition & Conference Centre, Aberdeen / 18-19 JUNE

2019

Inspiring the next generation of exporters

Organised by the EIC in partnership with: Department for International Trade, Oil & Gas Authority, Oil & Gas UK, Opportunity North East, Scottish Development International, Scottish Enterprise, UK Export Finance

Supporting partners:

Key objectives • Inspire the next generation of exporters. • Double UK oil and gas service sector revenues, in line with Vision 2035. • Connect British suppliers with major global project opportunities and associated energy company decision makers. • Encourage diversification across all energy sectors.

https://exportsconference.energy

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DUBAI KUALA LUMPUR RIO DE JANEIRO

EIC Head Office and Southern Region 89 Albert Embankment London SE1 7TP UK Tel +44 (0)20 7091 8600 Fax +44 (0)20 7091 8601 Email info@the-eic.com

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