Egypt has set an ambition to become one of the global leaders in the low-carbon hydrogen sector, with a target of acquiring 5% of the global market share of traded hydrogen by 2040. Together with its target to produce 42% of its energy from renewable energy by the year 2035, the ambition is achievable. To become a leader in the hydrogen market, Egypt established a high-level governmental committee made up of senior representatives from various ministries. The committee’s duties included developing a national hydrogen strategy for Egypt and investigating opportunities for hydrogen production as well as potential financing options for these projects.
Egypt was recently the host of COP27, which was held at Sharm el-Sheikh, Egypt. During COP27, Egypt signed various framework agreements related to hydrogen. Some of the agreements signed are with AMEA Power, Alfanar, TotalEnergies, Globeleq, EDF, Fortescue Future Industries (FFI), ReNew and Scatec. The projects proposed by these companies are all focused on the Red Sea port and the Suez Canal Economic Zone (SCZone). Some of the high-value framework agreements signed were the US$9bn green hydrogen plant with Globeleq and the US$3.5bn green ammonia and hydrogen project with Alfanar, both located in the SCZone.
During COP27, a group of companies consisting of Fertiglobe, Orascom Construction, Scatec and The Sovereign Fund of Egypt (TSFE) announced the start of the commissioning of the first phase of a 100MW green hydrogen production facility. The first phase involves the installation of Africa’s first and largest polymer electrolyte membrane (PEM) electrolyser which is currently undergoing tests. The full scale of the green hydrogen plant will produce 15,000 tonnes of green hydrogen annually by utilising 260MW of wind and solar energy. A Memorandum of Understanding (MoU) was also signed during COP27 between the European Union (EU) and Egypt for the development of production, consumption and trade of green hydrogen and its derivatives. The MoU was signed by the European Commission’s executive vice president, energy commissioner, Egypt’s minister for petroleum and minister of electricity and renewable energy. The MoU will help both sides, with the EU covering the projected consumption of 20m tonnes in 2030 by importing from Egypt and supporting the investments of renewable energy in Egypt. The expansion of power networks and the development of infrastructure for the storage, transportation and export of green hydrogen and its derivatives to Europe will also be supported by the two parties.
The main consumers of green hydrogen in Egypt are industrial sectors such as the steel industry, refineries, petrochemical complexes and the fertiliser industry. Other consumers, such as the food industries, have very low green hydrogen consumption. One of the opportunities that arises with Egypt’s plan to enter the green hydrogen market is that Egypt can become a regional and global hydrogen exporter due to its strategic location, which links the Asian and European markets.
Financial institutions supporting the green hydrogen industry are one of the main drivers of why Egypt is into green hydrogen. In March 2022, the European Bank for Reconstruction and Development (EBRD) signed a MoU with Egypt’s Ministry of Electricity and Renewable Energy and Ministry of Petroleum and Mineral Resources to establish a framework to assess the potential of lowcarbon hydrogen supply chains in Egypt. The signed MoU addresses the mapping of the current and anticipated future global supply and market demand for hydrogen, the analysis of the current and anticipated future hydrogen production in Egypt, and the valuation of the storage, conversion and transportation of hydrogen and its derivatives.
Meanwhile, some of the challenges to the development of green hydrogen in Egypt are the limited water resources. Due to the Nile River water issue, Egypt is now facing water supply shortages and the country has started to develop a few desalination plants. This will then lead to a high cost of green hydrogen production as water is the main source of green hydrogen production. Infrastructure readiness for hydrogen storage and transmission is also a challenge in Egypt. The other challenge that Egypt may face is the availability of renewable energy resources. Egypt’s government is planning to increase the renewable energy share in its national grid, however, the usage of renewable energy in producing green hydrogen may delay these plans. Furthermore, there is a lack of suitable infrastructure in Egypt for transporting and storing hydrogen. Even though a part of the natural gas network can be utilised for transporting hydrogen, large hydrogen production still needs suitable separate infrastructure.
Production of green hydrogen in Egypt will be a great opportunity for the development of the country as its location and renewable energy capacities can turn Egypt into a regional and global hub for green hydrogen. However, to achieve this target, Egypt will face a lot of challenges and it needs efforts to really utilise Egypt’s advantages in the green hydrogen industry.
Wan Afiq Energy Analyst – All Sectors (Middle East & North Africa) wan.afiq@the-eic.com
This month we have a packed edition of Inside Energy as we start the official celebrations for the EIC’s 80th anniversary. Our team invited nine members for special one-to-one interviews regarding their relationship with the EIC during this important milestone in our history. We thank Airswift, Blaze, EquipSea, GE Power Conversion, Grupo Planus, iPS, Orion Group, Roxtec and Safelift Offshore for providing their testimonials. On page 42 you can also take a look at insightful figures that explore how our products, services and staff have grown and expanded since 1943.
Wan Afiq, energy analyst for the Middle East & North Africa (MENA) region at the EIC, has delved into Egypt’s remarkable efforts to turn itself into a major hydrogen powerhouse. According to Wan, the country intends to hold 5% of the global market share of traded hydrogen by 2040, but many challenges lie ahead. Read the article opposite to discover more.
In this issue we’re lucky to feature two members’ services sections. In the first we welcome Modutec to disclose its acquisition of co-at Marine, a Scottish marine HVAC services company. The second highlights Proserv’s agreement with SMS for its sampling representation in Malaysia.
Spotlight on technology also comes in two: Asset55 celebrates its 10th anniversary and Glacier Energy presents a new digital heat exchanger maintenance service.
We have also included two EIC guest editorials from Lynn Coutts, managing director for the Middle East at ATPI, about sustainable working methods, and Harry Smith, sales and senior research engineer at Atmos International, on the company’s flow measurement tool Atmos Eclipse.
The usual offices and market updates from the EIC’s global teams in London, Dubai, Kuala Lumpur, Houston and Rio de Janeiro are also here, side by side with news from our members worldwide.
Léliam de Castro, Head of Marketing and Communications leliam.castro@the-eic.com
How has the EIC helped you through the years? Any interesting stories to tell?
The EIC has a strong partnership with Airswift globally. For about 20 years now, we’ve been in contact with the EIC in Brazil following the growth of the local STEM industry. In Latin America, I have the pleasure of counting on Clarisse Rocha and her team’s support for business capture and development in our segment, offering the best national and international workforce solutions.
Particularly, I have some interesting stories, as the experiences we’ve gone through thanks to missions carried out by the EIC in Brazil, Colombia, Mexico, Trinidad and Tobago and Guyana, where Airswift currently has local offices to serve customers. This acquired relationship had as its base the support and partnership of the EIC. Over the course of my 10 years at Airswift, I can affirm that my best results came from these missions and contributed to my personal and professional growth.
What are the synergies between Airswift and the EIC?
Airswift is a leader in global workforce solutions, present in over 60 countries worldwide with 800 employees and 7000 contractors. We’re certain that this synergy comes from the identification of common values such as growth, integrity, excellence and safety. We’re focused on expanding with sustainability and inclusion, making us even more global partners.
Where would you like to see Airswift and the EIC in the next 80 years?
Reaping the fruits of our work, enhancing daily and developing the best solutions for new markets.
About Airswift
Airswift is a global workforce solutions provider to the STEM industries. Airswift serves as a strategic partner to its clients, offering a turnkey workforce solution to capture and deliver the top talent needed to complete successful projects, with a candidate database of 1.5m specialists.
How has the EIC helped you through the years? Any interesting stories to tell?
Blaze considers it’s EIC membership as key to its diversification success over the past six years. After an outstanding seven years of exponential growth supporting oil and gas, Blaze had to completely diversify its customer base following the onset of the downturn in oil and gas. While we were members of several organisations we had to look at our alliances and decide who could come along with us on our diversification journey. The staff at EIC became to feel like part of our team, introducing us to other members (potential clients) and encouraging us to show how far we had come by entering their awards which we had never entered outside oil and gas or even outside Aberdeen! Winning the EIC Award for Supply Chain Breakthrough in 2016 was a turning point for blaze as we were suddenly on everyone’s radar and the boost it gave to both Howard and I plus all our staff was immeasurable.
What are the synergies between your company and the EIC?
Both Blaze and the EIC have had a roller coaster of a history, seeing exponential growth in the good years and having to diversify rapidly and respond to change instantly depending on external factors like COVID. We both have to be keenly aware of geopolitical situations, constantly assessing activities not just in the UK but throughout the world and we both have credibly diversified very successfully into new markets. They say people buy from people, that’s why the relationships both companies make are so important to their future. Both Blaze and the EIC know the importance of relationships and supporting fellow supply chain members when times are difficult.
Where would you like to see your company and the EIC in the next 80 years?
Where would we both be in 80 years, sometimes I don’t know what will happen next month! You can plan all you like but we tend to find that through our hard work of not only business development but supporting our current clients, all sorts of opportunities come our way and we are never ones to shy away from a challenge – just like the EIC. Our latest was designing a fire system for a piece of equipment in a very remote location with no power supply, no water supply and no one there to switch it on. To Blaze, no problem, Copperbelt Energy now has a uniquely designed water mist system commissioned and ready to extinguish a fire without any intervention for a human being. Blaze has even trained its local maintenance engineer so it can be locally sustainable. The message here is the need to keep our engineers excited by new innovations and challenges while sharing that knowledge to others to help them develop.
Established in 2006, Blaze is a leading provider of fire safety systems for harsh and challenging environments, providing solutions to the oil and gas, renewables, nuclear and industrial sectors. With its industry leading knowledge it provides solutions ranging from the design of front-end concepts to the commissioning and maintaining of active fire extinguishing systems and fire alarm systems. The company’s integrated fire safety solutions improve plant safety and business performance. Blaze has successfully managed to take its innovation and expertise honed in oil and gas and apply it to industries from the jungles of Africa to the worlds newest nuclear site.
How has the EIC helped you through the years? Any interesting stories to tell?
Our contact with the EIC started recently in 2022, even so we already consider this partnership extremely positive and successful.
As sponsors of three Breakfast in Rio events and as participants in others, we had the opportunity to expose our capabilities and expertise to a target audience of decision-makers from potential customers, as well as show our evolution to current customers. In the same way, we have also reached new suppliers of products and services.
The EIC has been supporting us with marketing and presentation tips and we then decided to join as an EIC member, which has granted us access to the EIC’s valuable market intelligence tools.
It is worth noting that, as of our first participation in Breakfast in Rio with Equinor and Subsea7 on 30 June, we have already succeeded in a very important partnership with Subsea7 itself, from which we already have relevant orders in our portfolio.
What are the synergies between EquipSea and the EIC?
EquipSea was born focused on the O&G sector. We can say that O&G subsea equipment is much more than our core business, it’s our DNA. We have been strongly expanding in this sector throughout our five years of life, and we have very ambitious goals within it for the coming years. However, we also have the goal of entering other sectors focused on renewable energy (solar, wind, hydrogen, etc) and, in this direction, our synergy with the EIC is total, and we are certain that the partnership with the EIC is a key element in achieving our objectives.
Where would you like to see EquipSea and the EIC in the next 80 years?
We work with the purpose of building a solid and continuously growing company for the next generations.
Obtaining energy in all its forms is and will be an increasingly pressing need for humanity, and EquipSea intends to always be aligned with this. We aim to be the main Brazilian company in our segment, and soon to start reaching global relevance as the partner of choice for leading global energy companies.
Therefore, being together with the EIC is how we see EquipSea in the coming years, in the short, medium and long terms, at least for the next 80 years.
About EquipSea
EquipSea is a Brazilian manufacturer of welded, machined, and coated parts as well as turnkey tested sets including seals and hydraulic and electrical components with expertise in the oil and gas sector but not limited to it, with major global players such as SLB, Aker Solutions, Subsea7, MFX and others as our biggest customers.
Parts and sets in structural carbon steels, alloy steels, stainless steels (austenitic, martensitic, duplex and super duplex), high-nickel alloys, from a few grams to 40 tons parts.
Inconel cladding and high-precision machining, bunker for hydrostatic tests up to 30 kpsi.
How has the EIC helped you through the years? Any interesting stories to tell?
The EIC has assisted us with market intelligence tools such as EICDataStream that have supported our strategic long-term planning, but also helped in the allocation of resources and sales efforts. More recently, our participation on the South America committee has fomented networking with important clients from the segment and a rich discussion between members and the market.
What are the synergies between GE Power Conversion and the EIC?
Both are companies of great significance and outstanding performance in the energy segment.
The synergy is in the constant pursuit of protagonism ahead of market trends, adding value to products and services offered that turn into benefits to its clients (GE), members (EIC) and the world.
Where would you like to see GE Power Conversion and the EIC in the next 80 years?
As a benchmark in its business areas – the EIC with more active members and renowned activity in the business intelligence market for the energy industry and GE as a reference for clean energy supply and electrification.
About GE Power Conversion
GE Power Conversion applies the science and systems of power conversion to help drive the electric transformation of the world’s energy infrastructure.
Designing and delivering advanced motor, drive and control technologies that evolve today’s industrial processes for a cleaner, more productive future, it serves specialised sectors such as energy, marine, industry and all related services.
How has the EIC helped you through the years? Any interesting stories to tell?
The EIC has been substantial in our insertion as service providers in the energy industry. In over a decade of co-operation, we have greatly benefited from the events and networking with market players.
We have a great story to tell – at an EIC/UK Trade & Investment event, during a coffee break, we were helping ourselves to snacks and informally started a conversation with a gentleman doing the same thing. When he found out that we were an accounting firm, he started to comment on how unhappy he was with their current provider. It was the first time we closed a deal over a snack table on a coffee break! This company is now one of our biggest clients and our relationship goes back nine years now.
What are the synergies between Grupo Planus and the EIC?
Grupo Planus’ main market segment served is the energy sector. EIC is a top reference in the segment.
With EIC’s mission being assisting clients in this area, EIC is frequently directing companies wishing to participate in the local market to trusted advisors who can assist with the setup and operation plan. Over the years, our co-operation thrived as we gladly provide assistance to these companies.
Where would you like to see Grupo Planus and EIC in the next 80 years?
We expect our relationship to continue growing, in both size and territorial reach, especially in other Latin American jurisdictions.
About Grupo Planus
Grupo Planus is an accounting services firm with over 40 years of experience in Brazil. Its greatest commitment is to support with integrity and efficiency international companies with businesses in Brazil or Brazilian companies going through an internationalisation process. Grupo Planus provides its clients from different industries with solutions in areas such as tax, accounts, finance management, human resources and more.
EIC has helped us over the years by the market investigation and reports. We have used the information when working on our budgets, our sales strategy and coming to meetings prepared. Besides the market information we have been very involved in various advisory boards, EIC Connect events, partnerships for trade missions and industry events and finally we had a hot seat and phone services through the Houston office for over two years. iPS being a global organisation, we have been in advisory boards in the Middle East, Americas and Europe.
Any interesting stories to tell?
During my time in Mexico being part of the very first EIC Connect Mexico, both as host of the event and helping put together the programme was very satisfying. There were some doubts to organise the event in Mexico, we had various meetings to get together the programme and measure interest of participants and speakers, but both events (2018 and 2019) were a big success.
As mentioned above what mostly stood out for me personally, being responsible for the Americas region has been the hot desk in Houston, where we had a phone number, address and we were able to come in the office and have a great place to work from with a great local team. We have also participated and sponsored the EIC Connect USA event. Another successful collaboration is where our local manager in Saudi Arabia, Ali Al Ghanim, took a similar role in the very first EIC Connect in Saudi Arabia in 2020.
Where would you like to see iPS Powerful People and the EIC in the next 80 years?
iPS is hoping to expand further and learning through EIC and its monitoring tools to be able to stay on top of the market and going into markets well prepared. The energy industry is in transition and many more lines of industry are being developed.
From the traditional oil and gas into offshore wind, hydrogen, LNG and other sources of energy have changed the playing field for us as staffing agent as well as for EIC to be able to monitor all industries in different countries. EIC can be proud of what it has established, and we look forward to a long and sustainable future together.
About iPS Powerful People
iPS is your international personnel provider in the maritime, energy, tunnelling and civil industry. The company is headquartered in the Netherlands with offices and representatives in Australia, Dubai, Germany, Lithuania, Mexico, South Africa, the UK and more. iPS is MLC:2006, ISO 9001:2015, OHSAS 18001:2007, NEN 4400-1 and VCU certified.
What can you expect? High global and personal service, transparency, qualified staff and crew, flexible and professional personnel solutions, 24/7 responsiveness and complete cross border payroll services.
iPS celebrates its 35th anniversary in 2023, we are striving to be the preferred personnel partner to our clients and the preferred employer to our candidates and personnel.
How has the EIC helped you through the years? Any interesting stories to tell?
The EIC has helped our business in several ways over the years; from running industry knowledge workshops, country and sector events and guides, CONNECT networking events, to speedy networking, EICDataStream, Asset and SupplyMaps. All these services are topped off by the people that make up the EIC. Accessible, open, professional, dedicated and service led, the team is awesome and has become strong go-to professional contacts. I remember Neil inviting me to a networking event some years back and introducing me to his new analyst team member Diveena. So impressive as a new entrant to the industry, I recall asking Neil to share his recruitment tips! Funny coming from a recruiter.
What are the synergies between your company and the EIC?
The primary synergy is that we all speak with the same people within the energy sector, so sharing connections and cross overs are common. We are both service led companies who strive to deliver the best quality of delivery while promoting all that is great about the wider energy industry as it changes and grows.
Where would you like to see your company and the EIC in the next 80 years?
What a question! When you think about what the energy industry looked like 80 years ago, eight decades from now it will be unrecognisable from a technological perspective. Science, engineering, thought leadership, service delivery and connecting people will still exist, so we are sure there will be space for us to continue to work together in harmony.
About Orion Group
Orion Group manages the placement of thousands of contractors and permanent personnel every year via our worldwide network of offices.
Orion provides specialist recruitment services across a range of sectors including life sciences, oil and gas, renewable energy, construction and infrastructure, mining and nuclear. Orion also provides clients with a range of managed service programmes (MSP’s) tailored to meet the exact requirements of organisations and projects.
In addition to contract positions, Orion Group also offers permanent recruitment models covering all industry sectors. Orion has the market intelligence and the experience to take a holistic approach to project delivery – managing manpower provision from start to finish.
How has the EIC helped you through the years? Any interesting stories to tell?
Roxtec has been an active member of the EIC for over 19 years. And for more than seven years we have contributed at board level and on regional committees in the North and Scotland. We have found the networking and intelligence gathering on industry trends very insightful not just in the UK but also the Middle East and America. A key tool is EICDataStream which is a dynamic database of projects being updated constantly. This helps us understand the status of different projects particularly those most relevant to us, worth more than US$500m, so we can pitch for tenders, specifications and we know who is involved.
A good example is the massive TCO oil processing plant project in Kazakhstan led by Fluor in the UK. From EIC data Roxtec was able to engage with the project not just in the UK but around the world.
Another valuable tool is EICAssetMap which enables searching for existing projects by region. Using this we can identify, for example, process industry plant updates and maintenance around Britain.
Importantly the information EIC provides is bang up to date thanks to the EIC research team which collects data more efficiently than we could ourselves.
What are the synergies between your company and the EIC?
The geographical reach of EIC, with its offices globally, is a great fit for Roxtec and our 28 subsidiaries. Furthermore, EIC operates in some of our key sectors including oil and gas, process industries and power generation from nuclear to renewables. EIC’s broad scope means it can help Roxtec in multiple sectors, it is not simply pigeonholed to oil and gas. Overall this outlook and depth of data makes the EIC a sound partner for Roxtec and supports our ambition to grow by 10-15% a year.
Where would you like to see your company and the EIC in the next 80 years?
Stuart Broadley is leading the EIC well and like Roxtec he is keenly aware that in 80 years our energy mix will be very different to today. As a result, a prime area we would like to see develop between Roxtec and the EIC is growth in the energy transition space. We would like EIC to continue to provide us with valuable insight in the months and years ahead into how the debate is evolving. What are the benefits and limitations, for example, of hydrogen and how will renewables and nuclear fit into the future energy mix? All of this is uncertain and new innovations like small modular reactors are coming to market disrupting the sector. We would like to see Roxtec and EIC navigate this period of immense energy change together so we can both support a future powered by cleaner fuels.
About Roxtec
Roxtec was founded in Sweden in 1990. It is now the global leader in the manufacture of innovative cable and pipe transit systems, supplying many of the world’s biggest firms. It is active in more than 80 markets with a turnover of more than £173m employing over 800 staff across 28 subsidiaries.
Roxtec’s products are designed to seal openings for cables and pipes, and are used to protect people, buildings and equipment from multiple hazards. Its key market sectors include marine, oil and gas, telecoms, construction, power (generation, distribution and transmission) OEM (eg trains, engines, motors, generators) and the process industries.
Roxtec has a Triple-A credit rating and is actively expanding into new areas offering innovative and safe sealing solutions to a variety of industries.
How has the EIC helped you through the years? Any interesting stories to tell?
The EIC has always been a great support to Safelift over the years and is certainly a major factor in our growth in international energy markets. This began when we first exhibited on a UK pavilion with EIC in Singapore in 2014. Since then, we have joined them at many exhibitions and conferences in the UAE, Houston, Norway, Mexico and, of course, Aberdeen.
The network support in particular is second to none. The level of contact they reach, in terms of global operators and contractors during exhibitions, is amazing. It really is a valuable resource for us as a SME, as it could potentially take many weeks or months of work to get access to the right people and companies, especially when we’re looking to gain traction in a new or emerging market.
In addition to that, the market intelligence we have direct access to by means of EICDataStream is also an important resource for us particularly in terms of major project tracking and contract awards in existing markets. We’ve taken part in several trade missions where the schedule is always action-packed and very well organised. We’ve been part of some great groups of companies on these trips, where we still keep in touch many years later and that can only be down to the great experience and introductions we’ve gained through the EIC.
What are the synergies between your company and the EIC?
We see the EIC as almost an extension to our sales team, as they are as invested as ourselves in our success within our target markets and focus on our continued growth. As a global member, this enables us to understand industry trends and realise business opportunities worldwide. We can rely on the EIC team to be on hand for any market advice from region to region and the support is always specific to our needs.
Where would you like to see your company and the EIC in the next 80 years?
Our ambition would be to see our company and the EIC to continue to grow from strength to strength, where we still keep in close contact and support one another in the years to come.
About Safelift Offshore
Safelift Offshore Ltd is a manual handling and deck equipment manufacturer, established in 1994 to provide a unique range of products specifically designed for the oil and gas industry. Safelift’s products include barrel and cylinder handling, deck baskets, trucks and trolleys along with a full range of services including training, maintenance and product supply. Safelift provides a full technical procurement service for new greenfield and brownfield projects including ATEX-approved fixed lifting and specialist manual handling equipment.
Operator: RWE Renewables
Value: US$7bn
RWE Renewables will develop the facility in the Magallanes region after two years of pre-feasibility studies. The site will have an electrolysis capacity of 835MW, and it is expected to produce up to 475,000 tonnes of ammonia per year.
Operator: Renexia
Value: US$10.9bn
Technip Energies is to conduct FEED work for the wind farm, focussing on the floating foundations, moorings and the offshore substations. The design will be based on Technip Energies’ in-house floater technology INO15™.
Operator: Petronas
Value: US$2.5bn
Petronas has reached FID for this project which is targeted to be completed in H2 2027. The EPPC contract for the project has been awarded to a joint venture comprising of Samsung Heavy Industries and JGC.
Operator: Var Energi AS
Value: US$500m
Var Energi has announced a discovery at the Lupa exploration well in licence PL299E that has been drilled by the Transocean Enabler. Preliminary estimates place the size of the discovery between 57m to 132m barrels of oil equivalent. The operator will consider the tie-in of the discovery to the existing infrastructure at the Goliat field.
Operator: Saudi Aramco
Value: US$5.5bn
Aramco and TotalEnergies have taken Final Investment Decision (FID) for the project. The construction is expected to begin in Q1 2023 and is expected to come online in 2027. Bids have been submitted for the EPC contracts, and low bidders have been announced.
Operator: Equinor
Value: US$860m
DEME has been awarded a contract to transport and install inter-array cables for both phases of the project. Through a cable installation vessel the company will install the inter-array-cables in two campaigns.
For more information on these and the 12,000 other current and future projects we are tracking please visit EICDataStream
T he only databas e of UK supply chain companies across all energy sector s
SupplyMap
The EIC is delighted to announce that it has now added coverage of a further 45 countries across the Americas to our OPEX database EICAssetMap. The latest release of data highlights the companies working on 19,500 in production assets in the region. Globally the database now maps over 40,000 operational assets across the energy sectors.
Countries include: Antigua and Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bolivia, Brazil, Canada, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Curacao, Dominican Republic, Ecuador, El Salvador, Falkland Islands, French Guiana, Greenland, Grenada, Guadeloupe, Guatemala, Guyana, Haiti, Honduras, Jamaica, Martinique, Mexico, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Saint Lucia, St Kitts & Nevis, St Martin (Fr), St Martin (Ned), Suriname, Trinidad & Tobago, Turks & Caicos, Uruguay, USA, Venezuela, Virgin Islands (UK), Virgin Islands (US).
www.the-eic.com/MarketIntelligence/EICAssetMap
Offshore living quarter and engineering specialists, Modutec, has announced a majority investment in Glasgow-based co-at Marine. co-at Marine is an expert in marine and offshore HVAC and refrigeration solutions providing the most cost-effective and reliable means of creating a safe and comfortable environment on board ships and offshore structures.
The move for the HVAC services company bolsters Modutec’s HVAC, piping and electrical solutions for the international marine, offshore, renewables and onshore process sectors, with an additional 10 skilled personnel positioned throughout Scotland.
The move is expected to support the increasing demand for efficient, eco-friendly HVAC solutions across the offshore and marine market worldwide.
Brian Knowles, Managing Director, Modutec commented:
I am delighted that co-at Marine has joined forces with us in order to bolster our HVAC and refrigeration capability across all of our existing regions but especially for our UK, Europe and Africa regions. Co-at Marine is already a well respected name in the market and together with Modutec we feel that we can provide our existing clients and new ones alike with an extremely professional and well rounded offering in this field that compliments Modutec’s existing core services of engineering, architectural, piping and electrical.
Kenny Maciver, Technical Director, co-at Marine added:
We are delighted to be joining the Modutec group where we look forward to contributing to the ongoing success of the company, and enhancing the overall services and solutions we will be able to offer to existing and future customers.
Modutec is a leading provider of repair, conversion and new build of marine and offshore living quarters and technical buildings. With operations in Aberdeen, Blyth, Las Palmas, Dubai, Abu Dhabi, Qatar, Bahrain, KSA and Baku it has excellent management and multi-skilled workforces across its locations to offer quality solutions to clients worldwide.
Modutec strives to be its customer’s first choice in the provision of accommodation and technical building solutions to the international marine, offshore, oil and gas and renewable energy industries. It is committed to delivering high-quality services to its interested parties in a safe and sustainable way.
Modutec is owned by Envoy & Partners Ltd, a UK headquartered investment group with a reputation in forming market-leading organisations from the shoots of good owner-managed companies. Visit www.modutec.com
2022 was an exciting year for software and consultancy company, asset55. The year marked its 10th anniversary, with the official birthday celebrated on 16 December 2022.
Established in 2012, founders Robert Noble and Mike Rudd, engineering experts in flange management, looked to empower the industry by offering software that reduced time, costs and increased safety in bolt load assurance. The founders of asset55 understand the impact of time-consuming, outdated manual methods used in flange management and how digitalisation of this process would benefit operators in the industry.
In the following 10 years, asset55 has seen exponential growth, now offering four cloud-based software solutions across the capital project and operational space. Calculate and Operate for operational assets and Validate and Execute for capital projects.
These software promote an environment for safety and productivity to prosper through the core principles of data integrity, optimal planning, and control in execution.
The year saw an official rebrand for the company, a necessary step to aid in the company’s brand image and growth in the market. In terms of customers and existing contracts, asset55 continued to support its existing customers including BP, TOTAL, TAQA, Harbour Energy, Shell and ExxonMobil. However, last year saw a further expansion in the company’s global customer base, with a number of new contracts won worldwide. These included but were not limited too; Enquest, Three60 Energy, Cenovus Energy, Cameron LNG, Serica Energy, Karachaganak Petroleum Operating BV, Basrah Gas Co, Supreme Qatar and Vår Energi.
Overall, asset55 had lots to celebrate last year and looks forward to further growth in 2023.
Global controls technology company Proserv has signed an agreement with Aberdeen based sand and erosion monitoring, analytics and management experts SMS.
The deal sees SMS become the exclusive agent and representative for Proserv’s sampling activities across Malaysia. The arrangement brings Proserv’s sampling system know-how, equipment design and high-quality manufacturing, delivering safe, enclosed and portable solutions, together with SMS’s sand monitoring technologies.
SMS engages non-intrusive corrosion and erosion sensors to supply real-time monitoring and data acquisition which when analysed and interpreted by subject matter experts can enable swift identification of incipient problems that, without appropriate intervention, could halt production via equipment damage or failure.
It is expected that Proserv and SMS’s combined offering will give clients a step change in the visibility of the condition and integrity of flowlines and, through the live measurement of sand quantities, will allow operators to make informed early strategy decisions around production rates, maintenance planning and ultimately the life of critical infrastructure.
Malaysia and the wider Southeast Asia region have a significant need for effective, real-time monitoring and assessment of sand levels in oil and gas production flowlines to alleviate erosion risks, improve safety and reduce the threat of downtime.
As part of the tie-up, Proserv will also establish a service centre in Malaysia located at SMS’s local facility in Labuan. This will be based upon the successful model in operation at Proserv’s main Sampling Centre of Excellence in Aberdeen and at its sites in the US, Norway, the UAE, Saudi Arabia and Qatar. The centre will supply both servicing and sampling equipment rental.
Following the signing of the agreement, Sean Andersson, General Manager, Sampling, Proserv said:
Forging this arrangement with SMS is an exciting development for Proserv’s global sampling business. SMS offers genuinely impactful monitoring capabilities and we believe that our collaboration, fusing our own renowned system design expertise with such digital technologies, will advance real gains and benefits to the Malaysian market. There are many synergies between our businesses, particularly in terms of our value proposition for our customers, and so we will seek to identify further ways by which we can maximise this tie-up more widely.
Proserv is a controls technology company, providing tailored solutions to clients right across the energy sector to optimise performance, improve efficiencies and extend the operational life of critical infrastructure. Proserv operates worldwide and has offices in the US, Europe, the Middle East and Asia. Visit www.proserv.com
In today’s digital marketplace, we see many players working in the congested rotating equipment space with various condition based and predictive maintenance systems. What is often neglected is condition-based maintenance analysis on static equipment and in particular, heat exchangers.
As a major player in the design, repair and maintenance of heat exchangers, Glacier Energy has developed HTX Digital, an innovative digital, predictive heat exchanger management service. The service takes Glacier Energy’s years of experience in failure and root cause analysis of heat exchangers and combines this with data science to deliver a conditionbased maintenance tool. The service is designed for heat exchanger users and can be applied to shell and tube, plate and frame, printed circuit and air-cooled heat exchangers.
Using existing data, Glacier Energy has developed several calculations strategies within HTX Digital which address: pressure and temperature limits, internal fouling, tube vibration, tube expansion, velocity limits in shell and tube exchangers, cyclic loading in printed circuit exchangers and energy efficiency.
The energy efficiency calculation is a key feature. It delivers insightful results which includes a trend showing loss of efficiency through fouling and a predictive curve highlighting the optimal time for cleaning. This is aimed at optimising time in service while predicting the optimal intervention period. This therefore allows operators to plan time, access and suitable resources that fit with plant operations.
It is anticipated that operators can potentially reduce OPEX by up to 30% through the use of HTX Digital. The calculation also estimates increased operating costs and increased CO2 production as a result of loss of efficiency.
1st Floor, Lot 1458, Block 1 MCLD, Lutong 98100
Miri
Sarawak
Contact Iskandar Bin Abd Rahim, Managing Director
Telephone +6 085 645 805
Email iskandar@bumiprima.com.my
Web www.bumiprima.com.my
Bumi Prima Century Sdn Bhd is an integrated trading and service company. It specialises in the manufacture of air operated double diaphragm pumps –EykaPump, and chemical injection dosing pumps – the Fixbeat series.
The company manufactures a complete range of AODD pumps from 1/4” up to 3” in a wide range of body materials such as polypropylene, PVDF, stainless steel, aluminium, cast iron, etc.
It has a large number of elastomer options for rubber, thermoplastic and PTFE: in rubber it has elastomers like neoprene, nitrile, EPDM, Viton, Buna etc. In TPEs (thermoplastic elastomers) it has material like Santoprene, polyurethane and Hytrel.
The company also supplies other types of pumps such as centrifugal pumps, fire water pump sets, magnetic drive pumps, process dosing pumps, self-priming pumps and slurry pumps together with pump services and maintenance. Not limited to pumps, the company also provides supply and services such as fire fighting equipment service and maintenance, and fire vehicle and equipment maintenance services.
1 Changi Business Park Crescent #04-01, Plaza 8 @CBP Tower A Singapore 486025
Contact Quah Soon Chye, Sales and Business Development Director
Telephone +65 6777 2730
Email quahsoonchye@hollysys.com
Web www.hollsys.com
HollySys operates in the four sectors of industrial automation, transportation automation, medical and health care, and energy and environmental protection, covering the main industries globally. Continuously accumulating technological wealth and strengthening its capacity, the company provides tailored overall solutions, stable and reliable products, and full life cycle services for its customers, helping them improve market competitiveness.
HollySys has always pursued independent innovation and R&D while implementing its ‘intelligent control, smart management, independent and controllable, secure and trusted’ strategic policy in its efforts to provide more reliable, secure and intelligent technology and products for its customers.
46-1, Jalan 1/76D Desa Pandan 55100 Kuala Lumpur
Malaysia
Contact Mohamed Faiz Mohamed Amin, Director
Telephone +603 2859 9372
Email faiz@idmgroup.com.my
Web www.idmgroup.com.my
IDM Group Holdings Sdn Bhd is an investment holding company in oil and gas, healthcare, manufacturing, automotive, agricultural, information communication technology (ICT) and ESG. The headquarters is located in Kuala Lumpur, Malaysia.
IDM Group has a well established footprint within the region.
IDM Group of Companies comprises seven subsidiaries and associates each with its own revenue stream and cost centre.
IDM Group of Companies has vast experience serving major clients such as government, multinational companies, public-listed companies and also the private sector.
Via Quintiliano 31/A 20138 Milan
Italy
Contact Bruce Boudailler, Global Sales Director
Telephone +39 02 5004 3186
Email bruce.boudailler@ kerrylogistics.com
Web www.kerryprojectlogistics.com
As the project arm of Kerry Logistics Network, Kerry Project Logistics specialises in large scale and complex projects and re-supply logistics, proposing integrated solutions designed for specific industry verticals: renewables and power, oil and gas, chemicals and petrochemicals, mining, construction and infrastructures.
A market leader with over 35 years’ experience, the company’s 500 dedicated, multi-cultural specialists are customer driven, agile and flexible. Kerry Project Logistics works in remote and challenging areas where it strives to develop a sound and sustainable local content.
Spread over 45 countries, Kerry Project Logistics’ teams deliver safely, on time, and on budget with the highest ethics and QHSSE standards.
Ground Floor Office, Building 6 & 7 Lancaster Business Park 18 Mannin Way Caton Road
Lancaster LA1 3SW
Contact Natalie Leyne, Marketing & Communications Specialist
Telephone +44 (0)1524 63517
Email natalie.leyne@nanosun.co.uk
Web www.nanosun.co.uk
NanoSUN is an award-winning SME focused on the development, manufacture and commercialisation of hydrogen refuelling solutions for use within the transportation and mobility sectors.
The company aims to accelerate hydrogen use with its innovative technologies by bridging the gap between the hydrogen supply industry and the needs of end users for convenient, low cost, simple-touse and safe fuelling systems.
NanoSUN’s core focus is to assist the transport and mobility industries in their transition to sustainable hydrogen energy. It does this via its Pioneer Mobile Hydrogen Refuelling Stations; delivering a reliable refuelling infrastructure for early vehicle fleets and equipment to test and adopt hydrogen as a zeroemission fuel.
Al Quoz PO Box 71100
Dubai
UAE
Contact Shaikh Khaja Husain, Head of Estimation & Sales
Telephone +9714 347 2000
Email shaikh@om.ae
Web https://oasismetal.net.ae/
Oasis Metal Manufacturing is a manufacturer and designer of access and egress systems catering to the oil and gas plus the construction and infrastructure sectors.
The company’s products are open steel gratings, stair-treads, handrails and ladders, and it also has corrosion free fibreglass gratings and treads, and handrail products.
Oasis Metal Manufacturing also offers wire mesh products, used in high-security fencing, games parks, cable trays, gabions and high bay racking shelves.
Sybron Way
Jarvis Brook
Crowborough
East Sussex TN6 3FB
Contact Colin Jones, Marketing Communications Director
Telephone
+44 (0)1892 652 181
Email cjones@servomex.com
Web
www.servomex.com
A world expert in gas analysis, Servomex has established itself as the leading provider of reliable, accurate and stable gas measurement solutions to industries across the globe.
With over 70 years’ experience, Servomex is the originator of, and a world leader, in paramagnetic sensing technology with an exceptional reputation in the development of calorimetry, coulometric, FID, gas chromatography, infrared, laser moisture, plasma, spectroscopic, thermal conductivity tunable diode laser and zirconia technologies. Servomex provides extensive expertise and applications knowledge across a variety of industries, including power generation, hydrocarbon processing, industrial gases and UHP/semiconductors, closely matching customer requirements.
Servomex delivers leading edge R&D and manufacturing from its Crowborough and Houston manufacturing sites and is committed to providing excellence in customer service. Offering complete sales and service support through global business centres based in Shanghai, China; Yongin, Korea and Mumbai, India.
7 Greenhole Place Bridge of Don Aberdeen
AB23 8EU
Contact Keith Robertson, General Manager
Telephone
+44 (0)1224 594 050
Email keith.robertson@ tess-aberdeen.co.uk
Web www.tess-aberdeen.co.uk
TESS Aberdeen offers a wide range of fluid transfer, power and control solutions to the oil and gas, OEM and renewables industries worldwide, as well as supporting both local and international clients with the supply of MRO products and services.
ISO 9001 certified, DNV type approved workshop and technicians for all types of flexible hose assemblies, such as, but not limited to, hydraulic, utility, offshore/onshore loading.
Lot 13, Lusu Warehouse
Jalan Patau-Patau
PO Box 80449
87014 Labuan
Malaysia
Contact Jaja Razin, Senior Business Development Manager
Telephone +6 087 417 986
Email jajarazin@turcomp.com
Web www.turcomp.com
Turcomp Engineering Services
Sdn Bhd, a Bumiputera status company, was established in 1992. The company name, Turcomp, denotes TURbine and COMPressor, the initial business that specialised in providing maintenance services for rotating equipment for the process and power plants in Labuan.
Turcomp strives to be the major vendor and service provider in the industry. With a team of experienced professionals and engineers, Turcomp provides comprehensive expertise in products and sourcing, engineering contracting, and technical services for the oil and gas and energy industries across Malaysia.
Turcomp has embraced evolution into the business expansion of EPCIC solutions, e-commerce, valves manufacturing hub, procurement services, fire and gas safety systems and valve repair and services.
with Lynn Coutts Managing Director Middle East, ATPI
It’s no secret that the energy sector is often accused of being an obstacle to combating climate change rather than potentially being part of the solution.
The energy industry does account for more than two-thirds of global greenhouse gas emissions, but there are steps that businesses can take to work more sustainably – and it doesn’t have to include pivoting to wind or solar. There are many ways that the energy sector can work to reduce its impact on the environment while also making itself more resilient for the future.
ATPI is a sector specialist for crew and corporate travel. With a global footprint of more than 160 offices and regional offerings throughout the Middle East, including Dubai, Saudi Arabia, Qatar, Oman and Iraq, ATPI is here to support your travel by delivering efficiency, well-being, environmental sustainability, and cost optimisation in line with the key requirements for the energy industry now and in the future.
Implement a long-term strategy
Change does not happen overnight, and it will not happen at all unless a solid plan is in place. A comprehensive long-term sustainability strategy should aim to fundamentally alter your working style. This includes everything from the disposable cutlery used in your staff canteen to the way your senior team travels internationally. Implementing a strategy allows your company to think about diversification and potential new revenue streams like renewable energy, electrical charging stations, biofuels, hydrogen and advanced chemicals.
One of the most important tools the energy sector can use to become more sustainable is data. The industry’s increasing digitisation makes it easier for businesses to process data and respond to issues as they arise. Making data more accessible can also aid in influencing stakeholders and informing business decisions. Tracking and measuring your emissions could be the first step towards implementing more environmentally friendly ways of working and committing to reducing harmful gas emissions at all stages of the energy production process.
Aside from energy production, there are several aspects of the industry that can be optimised to help reduce the sector’s carbon footprint. Materials can be sourced from ethical and sustainable suppliers, equipment can be operated in the most energyefficient manner possible, and transport and delivery methods can be evaluated. Transportation can become more sustainable if loads are optimised, mileage is reduced, and newer, greener vehicles are chosen to help reduce emissions.
Despite being one of the most significant contributors to global warming, the energy sector can become more environmentally friendly by offsetting its carbon emissions. Offsetting CO2 emissions is one way for businesses to accept responsibility for unavoidable emissions like those caused by travel. Every time your company offsets one tonne of CO2, one tonne of CO2 is removed from the atmosphere.
ATPI Halo can support your business to reduce its CO2 footprint by employing its Measure – Reduce –Offset methodology. The ATPI team will work with you to review your current travel emissions, implement a transparent reporting process, and help you plan future travel that is as sustainable as possible.
By partnering with Respira, one of the world’s leading CO2 project providers, ATPI can help you to offset the entire impact of your travel. ATPI Halo offers a varied offset portfolio, built in conjunction with some of the world’s leading carbon reduction project verifiers and aligned with the UN’s sustainable development goals.
The energy sector can take steps to reduce carbon dioxide emissions without completely abandoning the processing of fossil fuels. Utilising CCS, or carbon capture and storage technology, is one more sustainable way of working. This method entails capturing CO2 emitted during the industrial process, transporting it, and then drilling beneath the seabed to permanently store it underground. According to experts, widespread use of CCS could result in a 16% reduction in annual global emissions by 2050.
The energy sector is estimated to emit 110m tonnes of methane per year. Because a large portion of these emissions are caused by leaks, businesses that take steps to accurately monitor and record their methane emissions can quickly identify problems and reduce this unintentional output.
To find out more about how ATPI Halo can work with your company visit https://halo.atpi.com/
How can the energy sector consider a more sustainable way of working?
ABB has published another of its ‘Energy Transition Equation’ reports that shows how industrial customers can reduce carbon emissions and manage the energy transition for a more sustainable future.
Based on nine months of research and modelling, the report highlights how early adoption and integration of automation, digitalisation and electrification technologies to enable autonomous operations can deliver savings of over 300,000 tons of carbon emissions per annum for offshore sites (approximately 25% reduction). This is the equivalent of removing 150,000 combustion cars from the road and is the same volume of CO2 responsible for five million tons of glacier mass lost each year.
The report also demonstrates how companies can realise production efficiencies of up to US$30m in annual savings, while delivering net revenue increases of up to US$120,000 thanks to autonomous operations.
A key part of this is redeploying companies’ offshore workforces, moving them from hazardous roles into new ones onshore. In doing so, employers can offer safer working environments, a better work-life balance and fill industry talent gaps by reskilling employees to support a data-led approach to oil and gas exploration and production.
In 2021, ABB reduced its own CO2 emissions by 39% as part of its Sustainability Strategy 2030 and expects to be fully carbon neutral by decade’s end. The strategy details how ABB will support its global customers in reducing their annual CO2 emissions by at least 100 megatons by 2030.
The report’s economic modelling was undertaken by independent economist Steve Lucas of Developmental Economics, in conjunction with ABB Energy Industries and supported with desktop research of academic and industry sources. ABB will publish reports focused on the power and chemicals markets this year.
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For more information:
www.abb.com
AIS has acquired CRP Subsea to add to its range of subsea offerings.
CRP Subsea has been a leader in polymer and syntactic foambased products for over 40 years. With solutions such as buoyancy, floats, and bend protection, its range will complement and expand AIS’ current subsea offerings that include cable protection, distributed buoyancy modules, insulation solutions, and the range of AIS Bardot and Manuplas products.
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For more information:
www.aisplc.com
Global integrated logistics and materials management specialist, ASCO, has appointed Ross Irvine as general manager of its ship agency (Seletar) and freight management (AFM) service lines.
Ross stepped into his new role following the promotion of his predecessor Mike Pettigrew, who was recently appointed managing director for ASCO UK.
Based in Skelmersdale, England, CRP Subsea (formerly Trelleborg Offshore UK) is a specialist in polymer and syntactic foam-based buoyancy and protection products for the offshore renewables and oil and gas industries. The acquisition will significantly increase AIS’ market share by uniting two industry leaders to create one global-scale business. Together, the companies will be able to capitalise on the current oil and gas cycle, pursue the energy transition with combined resources, and will be better positioned to serve their client base.
With clear synergies between the two companies, their ability to meet the global needs of the energy industry increases significantly as a result.
As one of the leading ships agents for the UK energy industry, Seletar provides crew co-ordination, freight management, procurement services, onshore logistics, and an extensive range of complementary services such as fuel provision, industrial tank cleaning, waste management, and ship spares logistics. Seletar’s services are facilitated by its eight strategic UK locations, serving more than 20 neighbouring ports.
Additionally, ASCO’s freight management business offers customs compliance, heli-freight and freight forwarding services.
Since joining ASCO in 2012 as a ships agent, Ross has held a number of roles within the company, including various management positions. Most recently as service delivery manager at Seletar.
Considerable growth is expected in the offshore market, and the acquisition further strengthens AIS’ position in the industry.
Andrew Bennion, Group Managing Director, AIS
Beyond his role at ASCO, Ross currently serves as a tutor at the Institute of Chartered Shipbrokers, the professional body for all members of the commercial shipping industry worldwide. Having completed the Institute’s foundation and advanced diplomas with distinctions, Ross has developed an in-depth knowledge and understanding of the commercial shipping industry.
For more information: www.ascoworld.com
Aspen Technology Inc, a global leader in industrial software, has announced the availability of its latest aspenONE® software release, V14. The new release delivers advanced intelligence and guidance capabilities that improve decisionmaking abilities and further boost operational excellence. In addition, V14 enables customers to accelerate sustainability projects with more than 100 sample models and to manage Scope 1 and 2 emissions for reducing carbon footprints. aspenONE V14 includes more than 100 sustainability sample models to jumpstart progress in the areas of emissions management, hydrogen economy, carbon capture, materials circularity, bio-based feedstocks and renewable energy. V14 automates CO2 emissions data collection from multiple sources for decarbonisation compliance/reporting and enables customers to model these emissions in operations to achieve sustainability targets.
A key value delivered by the V14 release is enhanced operational decision making. With two new offerings – Aspen Virtual Advisor (AVA) for DMC3 and Aspen Unified Reconciliation and Accounting (AURA) – plus new capabilities and multiple enhanced integrations between existing solutions, the new release provides actionable
guidance/real-time augmented intelligence and prioritises anomaly and failure alerts based on severity and operational risk.
In addition, V14 minimises material losses with fast, efficient mass and volume balance and evaluates planned downtime options to enable better decisions that minimise impact on production and order commitments.
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For more information: www.aspentech.com
BASF Stationary Energy Storage GmbH (BSES), a wholly owned subsidiary of BASF SE, and G-Philos, Korea’s leader in powerto-gas (P2G) technology, have signed a sales and marketing agreement for NAS batteries (sodium-sulfur stationary batteries) for P2G projects, power grid and microgrid applications.
The companies will work together to develop and market energy storage systems based on NAS batteries from BASF and power conversion systems (PCS) from G-Philos. G-Philos will also purchase NAS batteries from BSES with a total capacity of 12MWh.
BASF and G-Philos started to work together in 2020 when an NAS battery system and a PCS
developed by G-Philos were deployed in a demonstration P2G project implemented by G-Philos in collaboration with Korea Midland Power (KOMIPO) at Sangmyung wind farm, Jeju Island, South Korea. In this project, the NAS battery serves as an energy buffer between wind turbines and electrolysers to ensure stable hydrogen production from surplus wind power despite the fluctuating nature of wind. NAS batteries were selected for this application due to their enhanced safety, which is required due to their proximity to hydrogen production. Now that the concept has been proven by the successful operation of the system for more than a year, the partners are looking forward to expanding their co-operation further. Based on their agreements, BASF and G-Philos plan to strengthen their commitment to the market for long-duration energy storage and climate-friendly hydrogen in South Korea and the Asia region. G-Philos also intends to offer preconfigured package solutions consisting of a combination of NAS batteries with its power converters through its own distribution network. G-Philos can supply PCS products suitable for NAS battery systems ranging from 250kW up to 1MW.
BASF creates chemistry for a sustainable future. It combines economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of its customers in nearly all sectors and almost every country in the world. BASF’s portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6bn in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the US.
The new capabilities in V14 will help customers streamline progress toward sustainability goals and operational excellence for stronger business outcomes.
David Arbeitel, Senior Vice President of Products, AspenTech
DNV, the global independent energy expert and assurance provider has acquired Power System Dynamics (PSD Consulting Engineering Pty Ltd), a grid consulting firm providing worldwide specialised services for high-voltage power systems from South Africa, recognised as a world-leading expert in grid dynamic behaviour modelling.
This acquisition, which follows collaboration on anterior projects, will be essential to DNV’s service offerings in the area of power system planning and flexible AC transmission systems (FACTS), supplementing its offers to the global power market with PSD’s international project references, global customer portfolio and world recognition on FACTS advisory services.
Though essential, the increasing share of sustainable power in the energy mix comes with challenges for transmission and distribution operators, due to the intermittence of the power flows generated from renewable sources. FACTS regulate alternating current transmission parameters, enhancing power flows controllability and increasing transfer capability across AC/DC grids.
This central role in ensuring voltage stability makes FACTS critical for the move towards the full integration of renewable power sources.
The acquisition of PSD occurs as DNV’s recently published Energy Transition Outlook report states that with an 83% share of the electricity system in 2050, renewables are squeezing the fossil share of the overall energy mix to just below the 50% mark in 2050. More grid connections will be needed as the global grid-connected electricity demand will grow by 2.7%/year from 2020 to 2050. Also, world transmission lines will increase from just over 6m circuit-kilometres in 2020 to almost 18.5m by 2050.
PSD’s main areas of expertise are power system analysis and design studies and investigations; the firm specialises in studies for generation integration, energisation, substations, lines, static volt-ampere reactive compensators (SVCs), reactive power compensation systems and general power equipment. Its knowhow has been carried out at all project stages, including techno-economic feasibility studies, conceptual studies, power system studies, engineering studies, preparation of technical specifications, procurement support, bid evaluation, witnessing of factory tests and of site acceptance and commissioning tests.
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For more information:
www.dnv.com
EthosEnergy, which specialises in services and solutions for rotating equipment in the energy and industrial sectors, has expanded its footprint in the Middle East as the region’s major players ramp up oil and gas investments amid concerns about global energy shortages. The company is investing over US$2m in a new engineering workshop in Abu Dhabi – a move which will enable EthosEnergy to better respond to the fast-growing rotating and oil and gas equipment market that is critical to the delivery of energy projects.
The move to the 86,000 sq ft facility at The Industrial City of Abu Dhabi (ICADII) more than triples EthosEnergy’s footprint in the region. Space restrictions at the previous workshop in Mussafah resulted in limitations to EthosEnergy’s service offering, but the extended workshop has significantly increased its capabilities.
The increased workshop space has enabled EthosEnergy to invest in new machinery, including a balancing machine to support rotating equipment such as compressors, steam turbines and pumps. Multiple new machines will allow for the production of highquality parts.
Additional yard space – eight times the size of the Mussafah site – will be used to create a regional hub for field service activity, increasing the number of available engineers and equipment and enabling EthosEnergy to strengthen its position as a single-source provider for rotating equipment.
EthosEnergy is now perfectly placed to rapidly respond to the growing market with enhanced capabilities to manufacture, maintain and repair oil and gas and rotating equipment in-region.
James Davies,The site will also benefit EthosEnergy’s wider group companies, as it will store products and tooling which can then be transported onward to customers across the Middle East and beyond.
For more information:
www.ethosenergygroup.com
Fulkrum, a leading inspection, expediting, auditing and technical staffing service provider, has announced a six-figure contract working with a global healthcare company on the development of COVID-19 vaccine process vessels.
VP Facilities & Field Services, EthosEnergy
The project operates primarily at the vendor site in Shanghai, China. As part of the residential project, Fulkrum’s full-time inspectors have been placed onsite to support the project with inspection, fabrication and manufacturing services; including welding and non-destructive testing. In response to the ongoing COVID-19 lockdown measures in place across China, Fulkrum’s inspection team provided swift and adaptive measures in order to support the project both onsite and remotely.
This move is the latest of Fulkrum’s successes last year; from groundbreaking contract wins to further global expansion, Fulkrum continues to go from strength to strength. Diversifying into the pharmaceuticals industry is a key component to its strategic crossindustry growth strategy, with round-the-clock accessibility for its clients at its core.
Fulkrum provides comprehensive expertise in the provision of inspection, expediting, auditing and technical staffing services across the upstream, midstream and downstream oil and gas and renewables markets.
Established in 2011, Fulkrum operates in four key regions – the Americas, Europe and Africa, Asia Pacific, the Middle East, and has a proven track record working with some of the world’s leading operators, EPC contractors and service providers.
For more information:
https://fulkrum.com/
Kent, a leading engineering company in oil and gas and lowcarbon energy has secured a three-year framework contract for structural integrity analysis modelling services for INEOS UK SNS Ltd.
Kent will support the safe and sustainable structural integrity management of existing offshore facilities at the Breagh Alpha and Clipper South platforms in the southern North Sea.
INEOS will benefit from Kent’s depth of knowledge, which comes from over forty years of experience in supplying structural integrity and analysis services. Kent will support INEOS through use of its proprietary structural analysis modelling and post-processing tools.
The contract will be led by Kent’s Aberdeen office and will benefit from the depth of experience of its large global offshore structures business, network of technical experts and industry-leading subject matter experts. i
For more information: https://kentplc.com/
Klöckner & Co group has launched the new Nexigen® brand bringing together the entire portfolio of sustainable products and services. Under the Nexigen® brand, the company and its worldwide subsidiaries will be able to provide transparent, carbon reduced solutions in the three categories of materials, processing and logistics.
Nexigen® offers amongst other things a categorisation for transparent carbon emissions and can assist customers with the reliable procurement of CO2-reduced steel and metal products, providing full transparency about their carbon footprint from raw material to production. Combined with a comprehensive range of logistics and circularity solutions and sustainability advisory services, Kloeckner will continue to support its customers in building sustainable supply chains. Nexigen® categories range from START (with a physical footprint from 1,750 to 1,400kg CO2 per metric ton) to PRIME (400 to 0kg CO2 per metric ton). ‘Balanced steel’ is a separate category for ‘re-balanced’ green steel. This means that for different steel categories originating from the same production facility, manufacturers may use a calculated re-balanced carbon footprint resulting from the overall volume of emissions generated in the entire facility.
Kloeckner Metals UK offers a diverse range of ferrous and non-ferrous products, sourced from reputable and accredited mill sources in the UK and across Europe. As a pioneer of digital transformation in the steel and metal industry Kloeckner Metals continuously strives to add value to its customers by investing into digital technologies and introducing innovative eProcurement solutions.
For more information: www.kloecknermetalsuk.com
Kongsberg Digital launched a new application at ADIPEC last year which enables operators in the energy sector to follow their key performance indicator (KPI) progress on drilling and well operations in real time.
Invisible lost time (ILT) – the difference between actual operational duration and a best practice target –is a known challenge when delivering wells. Without effective measurement, it is impossible to optimise best practice processes. KPIs are a proven method of increasing well delivery time efficiency and reducing costs through target-driven metrics. By using a proprietary algorithm, real time data and conditions-based logic can be integrated, analysed and applied to track bespoke KPIs and identify further areas for efficiencies across teams, processes and technology.
As an industrial software company, Kongsberg Digital provides SaaS solutions to enable asset-to-cloud data infrastructure, automatic contextualisation, capturing and aggregating quality data costeffectively and securely.
The KPI application is offered as part of the company’s innovative SiteCom platform, utilising its industrial work surface to provide a complete ecosystem for safer and reliable drilling and well operations, leveraging decades of experience and complex data to enable effective and efficient decision-making.
By combining crew information and operational reporting, Kongsberg Digital’s KPI application benefits from an additional layer of qualification and testing.
For more information:
www.kongsberg.com/digital
Glensol, Nobel Energy’s field operations and equipment maintenance subsidiary, has been awarded a major contract by bp for the provision of gas turbine maintenance services in the Azerbaijan Georgia Turkey region. As part of the contract, Glensol will provide the maintenance services for bp’s entire onshore and offshore fleet of gas turbine packages in the Caspian Sea.
Established in 2012, as a field operations and equipment maintenance subsidiary of Nobel Energy, Glensol has been a trusted provider – of local and international oil and gas companies with rotating equipment, including turbomachinery services and controls, operation and maintenance services – to SOCAR, bp and other major energy companies in the region and across the world.
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For more information: https://nobelenergy.com/
The company was established in 1987 by Alan and Linda Savage and has grown to become one of the UK’s largest independent recruitment companies.
Much of the company’s early success was founded on the supply of fabrication personnel to rig construction yards in Scotland, which rapidly expanded to support North Sea oil and gas exploration. From the outset, Orion was focussed on developing strong relationships with key clients and its service offering has continually evolved to ensure it meets their requirements and delivers value.
Having consulted with the employees of Orion Group, and as part of our 35-year anniversary celebrations, we are delighted to announce that a further donation of £35,000 to charities is being made.
Paul Savage, Managing Director, Orion GroupToday, Orion Group operates from a worldwide network of offices and has successfully diversified into the life science and renewable energy sectors. The company recognises that it has an important role to play in supporting the energy transition and through its own Carbon Management Plan, it has committed to an environmental pledge that will bring carbon neutrality by 2023 and science-based net zero by 2045.
Orion Group recognises the need to support local charities and community projects in the regions where it is based. The spirit of corporate social responsibility (CSR) is ingrained in everything it does and plays a key part in how it operates as a business.
For more information: www.orionjobs.com
Specialist oil and gas engineering firm, Quanta EPC, has announced two senior level appointments to help drive forward its growth ambitions and support the UK’s energy security and transition to renewables.
Experienced business leader, Ian Clifford has been appointed as chairman and non-executive of the board and chartered accountant, Catherine Earl will take up the role of strategic finance director.
Both Ian and Catherine have a deep knowledge of the global energy industry.
Part of the management buy-out team for PX Group, Ian went on to become the Group’s CEO in 2013.
Under Ian’s tenure, PX Group grew substantially, making it the north east’s fastest growing company in 2015 and leading to a private equity buy-out in 2016. Ian joins Quanta from Axiom Engineering, where he will remain as a nonexecutive director.
Catherine Earl began her financial career at PWC and, after leaving in 2011, has more than a decade of experience working for several leading energy supply chain companies in senior financial roles helping to successfully boost growth and attract private equity investment.
Catherine will be responsible for the financial management of Quanta, including building robust financial processes and providing accurate financial intelligence to help the company as it enters its next growth phase. Ian will oversee the general management of the business and provide guidance and help with strategic growth decisions.
Catherine and Ian join Quanta at an exciting time.
The company, which was formerly known as Fabricom Offshore Services (FOS), has just attracted multi-million pound private equity investment and is gearing up to create dozens of new jobs and increase its presence in the hydrogen, carbon capture and offshore wind markets.
For more information: www.quanta-epc.co.uk
A Siemens Energy led consortium has begun work in Newcastle, UK on a new £3.5m ammonia cracker prototype designed to produce green hydrogen at industrial scale and help tackle climate change and reduce carbon emissions.
The ammonia cracker system will provide the potential to produce green hydrogen at scale, wherever and whenever it is needed. The system will be designed to deliver high-purity hydrogen, suitable for PEM fuel cell use, using FFI’s metal membrane technology (MMT) purification process. The MMT process is key to producing high-purity hydrogen from the ammonia cracking process. It selectively filters the hydrogen while blocking other gases, allowing it to be used as a fuel and converted as needed, at the time of re-fuelling.
Siemens Energy have proven experience of innovation with ammonia. The team previously led a collaborative project at the Rutherford Appleton Laboratory (RAL) in Oxfordshire. The £1.5m proof-of-concept facility showcased an ammonia-based energy storage system that turned electricity, water and air into ammonia without releasing carbon emissions. The ammonia is stored, before being used for electricity generation.
The UK government estimates that hydrogen could make up to one third of the UK’s energy mix by 2050 but there are challenges with hydrogen storage and transport that need to be addressed to make this viable. The £3.5m ammonia cracker prototype aims to help tackle these challenges.
The partnership is a collaboration between Siemens Energy, Siemens Energy Ventures, FFI, GeoPura and Innovate UK.
Just one year on from establishing a new entity in Australia, pipeline technology specialist STATS Group (STATS), is looking forward to a bright future after securing frame agreements with some of the region’s largest Tier 1 operators.
A wider market understanding of the company’s patented BISEP® double block and bleed isolation technology has laid the foundations for growth which is being realised with contract wins and formal longterm strategic relationships.
STATS has been engaged on a large variety of Australasia projects since 2017 when it made its market entry with the hot tap isolation of a 10” LPG pipeline in Victoria on behalf of a major operator, using its double block and bleed BISEP tool.
Building on a reputation for innovation and responsiveness, in 2020 STATS was awarded a longterm call-off contract by Santos to cover its assets in Queensland and South Australia.
And last year STATS expertise was in demand when the company was commissioned to complete two 12” BISEP intervention projects in Darwin, four 14” BISEP workscopes in Perth, and in Victoria’s Bass Strait provided a range of hot tapping and remote isolation services on an offshore platform.
Encouraged by positive client support and multi-billion dollar investment programmes in Australia’s energy and infrastructure sectors, in 2021 STATS announced plans to set up a Perth-registered business with a planned investment of up to A$2m in equipment and support infrastructure.
This commitment is paying off with increasing numbers of oil and gas operators and contractors now opting to use STATS on pipeline intervention projects and through the establishment of frame agreements which are in place with a significant number of major gas distribution companies.
STATS global approach to expanding its geographic presence is to establish a strong local infrastructure with a permanent portfolio of equipment and personnel.
For more information: www.statsgroup.com
TÜV Rheinland successfully completed the acquisition of inspection company Inspection Verification Bureau Ltd (IVB). IVB will continue to operate as a separate legal entity until 31 December 2023, after which it will be fully integrated into TÜV Rheinland UK Ltd.
Since 1872, TÜV Rheinland has been committed to making technology safe for people and the environment. From steam engines to digitalisation, what started as a regional association for the monitoring of steam boilers has grown into a global provider of test services.
The acquisition strengthens TÜV Rheinland’s industrial testing capabilities in the energy sector, particularly in the voluntary inspection services sector in the UK market.
Gareth Book, UK Country Manager, TÜV Rheinland
TÜV Rheinland ensures safety and quality in almost all areas of business and life. This shared commitment unites more than 20,000 employees. They generate annual revenues of €2bn. TÜV Rheinland’s experts test technical systems and products around the globe, support innovations in technology and business, train people in numerous professions, and certify management systems according to international standards. By ensuring safety and sustainability, TÜV Rheinland is also shaping the future. Since 2006, TÜV Rheinland has been a member of the United Nations Global Compact for more sustainability and against corruption.
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.
EIC celebrates 80 years of service. On its Oak Jubilee, the EIC celebrates having become the go-to energy supply chain trade association, globally. Visit http://bit.ly/3XlZqy8
Latest industry news: Oliver Valves has secured a fixed 3-year contract to supply a large range of valves to the Kaybob Duvernay project in North America. Please visit bit.ly/3D7vIoq
2023 marks the EIC’s Oak Jubilee. We are celebrating this remarkable milestone throughout 2023. Today we launch our 80th anniversary landing page. See t#EIC80Years Being one of the most sought after renewables
New and non-intrusive: the multiple applications of Atmos Eclipse
Atmos Eclipse is a non-intrusive piece of instrumentation that can be retrofitted quickly and easily to operational liquid pipelines to measure flow, pressure and temperature that works with Atmos International’s (Atmos) leak detection software, such as Atmos Wave Flow and Atmos Pipe.
Integrated in one ATEX package, Atmos Eclipse is designed for rapid deployment. With its clamp-on design, there is no need to drill, weld or cut the pipeline for tapping points to install Atmos Eclipse. It can collect and scan data at 60Hz (60 samples per second) in both shut-in and flowing conditions and measure bidirectional flow, the speed of sound for product change and transmission amplitude for pig detection.
Since it was launched, Atmos Eclipse has been installed on a range of pipelines in the world and already covers thousands of kilometres of pipeline networks for leak detection and theft detection. Here we outline some of its many applications.
Detecting multiple theft events
Atmos Eclipse is ideal for detecting smaller leaks and thefts. Its ability to measure at a 60Hz data acquisition rate means it enables online (real-time) theft detection to work effectively as part of a multi-method theft detection operation. An example of this can be seen in a theft detection project we completed for a multi-product pipeline in Europe. The customer’s pipeline spanned over 100 kilometres and transported a mixture of diesel, gasoline, heating oil and jet fuel, but their pipeline network had limited availability of locations where inline meters can be installed.
The customer was able to overcome this challenge with the installation of Atmos Eclipse because it can be retrofitted without affecting the pipeline integrity. As a result of implementing Atmos Eclipse along with Atmos Wave Flow, the following benefits were provided to the customer:
• The expense of intelligent pigging was no longer required to find the tapping points because they had a leak detection solution in place to accurately locate thefts.
• Over 12 theft events in total were detected, with one tapping point detected within a 40 metre location accuracy (0.3% of the pipeline section length).
• No additional network upgrades were needed because Atmos Eclipse achieved the instrumentation performance required.
To learn more about this example of Atmos Eclipse’s success in theft detection for one of our customers, read our case study on our website.
In pipeline networks where no power is available to support additional instrumentation, Atmos Eclipse is capable of functioning as a standalone leak and theft detection solution by being electrically isolated from the pipeline so it doesn’t affect the cathodic protection systems.
Atmos Eclipse was developed as an integrated solution that can not only work as part of a networked environment, but also be powered by solar and wind energy in the event of power becoming unavailable (90-250 Volts AC line or 24 Volts DC).
benefit from leak and theft detection support without the risk of downtime.
Remote operations, done accurately Pipelines in need of Atmos Eclipse are typically long-distance, in remote areas and lack the housing for essential leak and theft detection instrumentation, making site inspections difficult. Not only that, but sometimes remote operations are necessitated due to external factors like COVID-19.
The pandemic left many pipeline companies with reduced team sizes. Even though staff headcounts and the ability to perform site inspections were reduced to a minimum, many pipeline operators were still expected to deliver results on a pre-pandemic level.1
Instrumentation like Atmos Eclipse provides support in scenarios such as COVID-19 through its ability to collect onsite data by connecting to cellular, radio and standard communications to place data directly in contact with pipeline staff working offsite, in the control room or even from home.
As mentioned above, Atmos Eclipse can collect 60 data samples per second (60Hz), ensuring attention to accuracy, high sensitivity and speed while accommodating remote operations. In the event of communications outages, Atmos Eclipse has a built-in flash memory available to back up data and it’s also possible for pipeline operators to have access to a visual, customisable view of the data. Engineers can view data from the web GUI as a mapped layout of the pipeline with graphs that chart the network’s leak and theft detection results.
The multiple applications of Atmos Eclipse
www.atmosi.com/en
The software that supports Atmos Eclipse, like Atmos Wave Flow, leverages intelligent learning so that the leak detection solution takes data variations and meter errors into account. This means our leak detection is in a continuous state of improvement so that false alarms and uncertainty in the data are reduced while trust in the system increases and response times in the event of a leak or theft decrease.
It’s nearly impossible to avoid a high consequence area (HCA) when building a pipeline network. Whether it be in an urbanised area or a location containing wildlife, it’s important to mitigate risks as much as possible to avoid a leak or theft escalating into a spill, rupture or explosion. Failure to do so can result in financial and reputational damage to the pipeline company as well as damage to the environment where the incident occurs.
With close attention being paid to HCAs, Atmos understands that some pipelines face specialised environmental and terrain challenges. Atmos Eclipse has been developed so that it can be implemented in a range of difficult scenarios, such as tight spaces and pipelines with a diameter from four inches up to 24 inches in some cases, providing leak and theft detection to the locations that need it most.
Atmos Eclipse can be configured in a range of options including slack pipelines, river crossings and urban areas to optimise sensitivity, accuracy and response times in areas where a leak or theft would have a more significant impact.
We are deeply passionate about technology, innovation and customers, that’s why our purpose is to deliver the best pipeline leak detection and simulation solutions with the best customer service in the industry.
Atmos International was originally founded in 1995 with a primary focus to detect pipeline leaks reliably on operational pipelines. This technology has been successfully applied to over 1,500 pipelines across more than 60 countries.
As the challenges across the oil, gas, chemical, water, aviation and mining industries continue to grow, so does our technology. Our inhouse R&D team continues to innovate for better performance and to reduce the cost of deployment, making it possible for every pipeline to have the best integrity monitoring tools.
Futureproof your pipeline network
Atmos Eclipse already provides essential and demonstratable leak and theft detection with over 100 units installed across the world, covering thousands of kilometres of pipelines.
To learn more about our turnkey solutions and how Atmos Eclipse can form part of your leak and theft detection strategy, visit our website.
To find out more about Atmos International, please visit: www.atmosi.com/en
We are driven to deliver the best possible technology and service to our clients. Our ongoing development in our software, hardware and nonintrusive instrumentation supported by our excellent customer service is helping pipeline operators across the world to have more sensitive and accurate solutions all the time.
As one of the world’s leading leak detection providers, we are best placed to help you ensure any leak is detected reliably and located accurately, giving you peace of mind and helping you sleep at night. Visit www.atmosi.com/en
With Q1 of the new year well and truly underway now is the time that many companies sit down and determine where their 2023 marketing and events budget is going to be spent.
The EIC international trade team has a jam packed schedule of the world’s best energy shows to support your company in your export journey in both the oil and gas and renewables markets.
We have prepared a listing of the 2023 events, along with a guide price to exhibit at each, below, to support you in your budgetary planning.
We still have a few places left at all the exhibitions so get in touch if you want to find out more.
Please note the guide cost given is subject to change and VAT where applicable.
If you are interested in exhibiting as part of the UK or EIC pavilion or want to know more information about how the international trade team can support your export goals, please do not hesitate to get in touch. Send an email to charmaine.thompson@the-eic.com to get the conversation started.
We can’t believe we are already two months into 2023 but the UK events team has been busy hosting a variety of events across the UK.
We finished January with a tour of Veolia’s Recycling and Energy Recovery Facility (RERF) in Leeds. We then started February with the return of EIC’s virtual Speedy Networking. Our speedy networking events are an excellent opportunity for members to meet with other members and build relationships and discuss opportunities and challenges with other energy professionals. Speedy networking is hosted virtually on the first Thursday of every month. Visit our website to book your place.
On Wednesday 8 February we will deliver the last event in the Energy Transition Zone Masterclass series 2022/2023. The focus will be on floating offshore wind with presentations from Cerulean Winds, Flotation Energy, ORE Catapult and many more as they share the developments of floating offshore wind projects in Scottish waters amidst the ScotWind seabed leasing round.
Team EIC will then travel to Manchester to hear the latest developments across the nuclear sector. The EIC is delighted to continue its partnership with the Nuclear Decommissioning Authority with this exciting event.
Looking ahead to the rest of 2023, the team is working hard to bring together another successful North Sea Decarbonisation Conference and is delighted to welcome Mott MacDonald as principal partner and Endress+Hauser as supporting partner. Tickets and partnership packages are still available for this two-day conference in central London on 16 and 17 May and it will be a fantastic opportunity to discover the opportunities within the North Sea energy sector.
Jo Campbell
EIC is also celebrating a big year this year – we are turning 80. Keep your eyes peeled for exciting events to celebrate this achievement, starting with our jubilee cocktail reception at the Dorchester Hotel on Thursday 20 April. This exclusive event will be a fantastic opportunity to celebrate 80 years of EIC with drinks, networking and entertainment.
As always, keep updated on our upcoming events via our events calendar on our website and our marketing emails sent out weekly.
Jo Campbell Regional Director, UK & Europe jo.campbell@the-eic.com
We are delighted to welcome several new members into the EIC family, including Shell who join several other operators in our diverse membership. We look forward to strengthening the existing relationship between our respective organisations.
Ryan McPherson
As we go to print we will be about to embark on our inaugural EIC Connect Oman event taking place on 7 February 2023, with a tremendous array of speakers on the programme including PDO, EDO, OQ, bp, Petrofac and Worley. To book please visit www.the-eic.com/Events/EICConnect/Oman/BookNow
We are also about to launch our ever-popular EIC Connect UAE event once again taking place in May in Abu Dhabi, please follow my social media posts on LinkedIn for the latest news on this and other forthcoming events including the potential for EIC Connect Baku to coincide with Baku Energy Week towards the end of May.
Our Annual Golf Day taking place at the Els Club, Dubai on 2 March 2023 is also close to capacity, who will be victorious and walk away with the illustrious trophy? This event is open to all and is one of the best networking events in the calendar.
Having witnessed a large attendance at our recent business opportunities breakfast with McDermott, we plan to extend this further across the year where I welcome your thoughts on the companies you would like to see presenting. With travel now back in full swing we will hopefully return with several trade missions to Africa where there continues to be a wealth of opportunities.
Congratulations also go to our DIT colleagues for delivering the first UK pavilion at the World Future Energy Summit (WFES) in Abu Dhabi. It was a pleasure to be involved and moderate some of the sessions ahead of COP28 taking place in the UAE later on in the year, where I am sure that we will see several key announcements and initiatives in the lead up to this global event.
Looking ahead, in a few months time we invite you all to join us in celebrating the EIC’s 80th anniversary with a suitably themed event. Record levels of entrants have also been witnessed for this years Survive & Thrive publication with all participants in line for our EIC regional awards later on in the year.
If you did not attend any of our EIC roundtables last year then this is the year to get involved, with a multitude of topics to be discussed covering all facets of the energy sector.
With the mood in the energy sector more buoyant than in previous years the launch of UAE Supply Map and our Qatar country report will hopefully help to assist your business as you seek to maximise the opportunities on offer. The growing team here is ready to assist you in any way possible.
Ryan McPherson Regional Director, Middle East, Africa, Russia & CIS ryan.mcpherson@the-eic.comSaudi Basic Industries Corporation has signed an agreement with Oman’s state energy company OQ and Kuwait Petroleum International to set up a petrochemical complex in the sultanate. The project, which includes a steam cracker and a natural gas liquids (NGLs) extraction plant, will use feedstock from Oman’s Duqm refinery, which is run by a venture between OQ and KPI. The complex will manufacture petrochemical products for markets linked to the energy transition process, clean technology, mobility and construction, among others. Once complete, the refinery will have the capacity to process about 230,000 barrels of crude oil a day.
Dubai’s share of renewables in its total energy production capacity has reached 14%, as part of the Emirate’s ongoing efforts to reach its sustainability goals and transition to a green economy. Clean energy using photovoltaic solar power (PV) and concentrated solar power (CSP) now accounts for 2,027MW of the emirate’s total power production capacity of 14,517MW. Dubai aims to generate 25% of its energy requirements from renewable sources by 2030 and 100% by 2050 as part of its clean energy target. The UAE plans to invest Dh600bn in clean energy projects as part of its Net Zero 2050 strategy.
Please go to page 30 to see upcoming events around the world
This year got off to a great start with major announcements in the region where energy projects are concerned, particularly in Malaysia with the national oil company, PETRONAS , publishing its 2023-2025 Industry Activity Outlook which is full of information on upcoming business opportunities for the energy supply chain. The company also achieved final investment decision on a major LNG terminal project just before the start of the year.
Beach Energy has completed a pre-feasibility study on a carbon capture and storage (CCS) opportunity adjacent to its Victorian Otway Basin operations and is now moving into the next phase.
All in all, 2023 is looking like a predominantly positive year for the APAC energy industry.
In January, EIC APAC hosted our annual EIC networking breakfast at W Hotel. The welcoming address was delivered by the British High Commissioner to Malaysia HE Charles Hay, while the keynote speech for the event was delivered by Charlotte Wolff-Bye, chief sustainability officer from PETRONAS. This was followed by a presentation on the APAC market outlook by the EIC’s APAC regional analyst.
The event was sponsored by several companies including Bureau Veritas Group, IDM Group of Companies, and Bolt Industries Pte Ltd who showcased their latest products and services. The event enabled delegates to meet and greet key decision-makers from national and international energy companies, large EPCs, and other major players.
EIC APAC also organised our first webinar for 2023 on 19 January on opportunities in Australia’s energy sector. This webinar was organised as a precursor to EIC APAC’s participation in the meet the energy players networking event in Perth, in March 2023.
The webinar provided insights into the Australian energy sector, including the latest projects and developments, and opportunities in decommissioning, as well as Malaysia External Trade Development Corporation’s (MATRADE) initiatives on market developments and service export grants. Speakers included representatives from DIT Australia, Francis Norman, CEO and MD, Centre of Decommissioning Australia (CODA) and representatives from MATRADE.
Azman Nasir
Head of Asia Pacific azman.nasir@the-eic.com
In the assessment phase Beach will refine the prefeasibility study, focusing specifically on storage capacity, reservoir selection, injectability, integration and environmental approvals to establish a facility that can capture about 200,000 metric tons/year of CO2, an amount that would be greater than Beach’s current Otway Basin scope 1 and 2 emissions combined.
The next stage is anticipated to be completed by the end of June 2023. Later stages will examine the potential for the facility to become a regional hub for third-party CO2 sequestration.
The government has approved US$2.3bn to support production, use and exports of green hydrogen, aiming to make India a global hub for the nascent industry.
The funding is a first step towards establishing the capacity to make at least 5m metric tons of green hydrogen by the end of this decade.
The aim of the funding initiative is to make green hydrogen affordable and bring down its cost over the next five years. It will also help India reduce its emissions and become a major exporter in the field.
As the North and Central America region enters the second month of 2023, we would like to invite the EIC community of members and non-members to our first corporate entertainment event of 2023, EIC Night with the Houston Rockets v Memphis Grizzlies taking place on Wednesday 1 March 2023 at 7pm CST. This event will be a great opportunity for members and non-members to network, watch two great sports teams, and raise your company profile with the available sponsorship opportunities. To learn more about the sponsorship packages available for this event, email adriana.romo@the-eic.com
Beyond announcing our first corporate entertainment event, I encourage our EIC community to view the below dates, and join the next regional event including sector updates, a country showcase, and the continuation of our North and Central America business briefing series 2023.
As a reminder to our EIC members, please reach out to our business development managers to ensure that you are utilising membership to the fullest in 2023. Our team may be reached at monique.aceves@the-eic.com nicholas.glenn@the-eic.com navied.sadeghi@the-eic.com and loyd.roberson@the-eic.com
We hope to see EIC members and non-members at an upcoming regional event soon.
Amanda Duhon Regional Director, North & Central America amanda.duhon@the-eic.comNorth & Central America Business Briefing Series: Silicon Ranch
Tuesday 28 February 2023
EIC Night with the Houston Rockets Toyota Center, Houston
Wednesday 1 March 2023
To learn about our sponsorship packages, email adriana.romo@the-eic.com
To register for this event, please visit https://www.the-eic.com/EventDetail?dateid=3713
Sector Update: CCUS
Thursday 9 March 2023
Offshore Wind Opportunities
Thursday 30 March 2023
The three countries have announced a joint agreement to develop a North American clean hydrogen market in the wake of the North American Leaders’ Summit (NALS) held earlier in January. The agreement includes co-operation on research and development, cross-border hydrogen clusters, safety codes and standards, green freight corridors as well as integrated maritime operations. These pledges are part of a bigger commitment that also includes the reduction of methane emissions, installation of EV chargers along crossborder motorways in addition to land and ocean conversation, among other measures.
Avangrid, Hexicon, Mainstream Renewable Power, TotalEnergies and Pine Tree Offshore Wind have submitted nominations of areas of interest in the Gulf of Maine for the development of offshore wind projects. The nominations were submitted to the Bureau of Ocean Energy Management (BOEM) following a Request for Interest (RFI) issued in August. The RFI is part of the process of designating Wind Energy Areas (WEAs) in preparation for an offshore wind lease sale scheduled to take place in 2024. BOEM is seeking further feedback with a new round of consultations for the area, which will feature floating offshore wind developments due to its geographical features.
Please go to page 30 to see upcoming events around the world
The Rio office is excited to announce the hiring of two new interns: Matheus Vieira joined the business intelligence team as a SupplyMap intern and Caleb Santos will be supporting us as an EIC Inform intern. We are looking forward to supporting the growth of our members in the region.
On 15 February we are planning to focus on Gas to Power in the Breakfast in Rio event series, this time partnering up with Eneva. Eneva is one of Brazil’s largest integrated energy generators. It operates not only with the exploration and production (E&P) of natural gas but also in the supply of energy solutions. Its producing assets are located in the states of Maranhão (the Parnaíba and Itaqui complex), Ceará (Pecém II and Termofortaleza), Sergipe (UTE Porto de Sergipe I) and Roraima (Jaguatirica II), securing 6% of Brazil’s thermal power generation. The presentation will be gives by Peter Sakuragui, design and procurement processes. Places are still available to join us on this initiative.
Solar power has surpassed wind and is now the second primary source of electricity in the Brazilian power matrix, with 23.9GW of installed capacity.
According to the Brazilian Solar Energy Association (ABSOLAR), this technology has brought over R$120bn (US$23.4bn) of investments to the country over the last 10 years and prevented 33m tonnes of carbon dioxide from being emitted into the atmosphere.
Considering the decrease in costs for the development of solar projects, industry sources believe that this segment will surpass hydro power and become the top source of electricity in Brazil’s power matrix by 2050.
We are also excited to have Ocyan as speaker in the Breakfast in Rio event series talking about Offshore Services: OPEX and ABEX Opportunities on 22 March, with a presentation given by Jorge Mitidieri, Ocyan’s executive vice president. Ocyan is a company that provides solutions for the upstream offshore oil and gas industry in Brazil and abroad. The company’s fleet comprises five drilling units and two FPSO (floating, production, storage and offloading) vessels. It also develops SURF projects, manufactures and installs subsea equipment, and provides offshore maintenance services. In December 2022, Ocyan announced the winning of three valuable contracts with Petrobras.
If you’re interested in boosting your company’s presence at these events, our events team has crafted special sponsorship packages that will surely suit your demands. Please, feel free to reach out to rio@the-eic.com
We are thrilled to announce that we are moving forward with the overseas delegation to Guyana on 18-21 April 2023.
Clarisse Rocha, Director – Americas clarisse.rocha@the-eic.com
Brazil’s National Petroleum Agency (ANP) will hold a public consultation process to review the regulatory framework for the handling of bulk LNG. This move is expected to have a positive impact on the development of small-scale LNG projects, as current regulations date back to the turn of the century and do not consider current technologies. Brazil has seen a variety of ‘virtual gas pipeline’ projects in recent years, which entail the development of modular LNG liquefaction and regasification facilities combined with a fleet of trucks equipped with cryogenic tanks.
80 YEARS: THE ENERGY INDUSTRIES COUNCIL
1943: The EIC is formed by 13 member companies working in the oil and gas industry
2023: Over 800 member companies worldwide in all energy sectors
2017: EICAssetMap launched – the only O&M database to map all major UK facilities across all energy sectors
2023: EICAssetMap coverage expanded to Africa, Asia-Pacific, Brazil, Europe and more
1957: EIC publishes the Canada Report, its first countryspecific industry report 2023: 12 Insight and Country reports issued each year
2002: First EIConnect event in London
By 2023: EIC Connect events are held worldwide
1943: One office in London
2023: International offices in five regions
2016: Rebranded as Inside Energy, the EIC monthly magazine is now published in a digital format
1947: The first edition of British Petroleum Equipment News comes out. 2023: Now named the Procurement Guide –an interactive digital tool enabling access to supplier and contractor contact details via the EIC website
The EIC
Celebrating 80 years of enabling our members to win work in the global energy industries
2019: EICSupplyMap launched – the only database of all 3,500 British energy supply chain businesses and their detailed capabilities
2023: Ongoing works for expanding EICSupplyMap coverage in Brazil, Texas, Malaysia and the UAE
1943: 1 UK event
2023: 130+ global events; participating in 15+ international exhibitions and EIC flagship event Energy Exports Conference (launched in 2018)
2000: EICDataStream launched, tracking 1,100 ongoing projects
2023: 12,000+ ongoing projects being tracked, worth a cumulative
US$13tn
