Sector analysis Vietnam’s Power Development Plan 8: An overview
Vietnam has been experiencing a surge in energy demand due to its rising prosperity and expanding commercial activities. The nation has one of the fastest power consumption growth rates in Asia with a growth of 1012% expected yearly through to 2030. Vietnam’s installed power-generation capacity stood at approximately 69GW as of 2020 and is expected to more than double, to over 150GW by 2030, according to the recently approved Power Development Plan 8 (PDP8).
The plan states that almost a third of the country’s power generation in 2030 is to be met with renewables, excluding hydropower. Targets of 21.88GW and 6GW have been set for onshore and offshore wind respectively, while solar capacity is expected to hit 12.84GW (excluding existing rooftop solar power). Biomass and energy-from-waste facilities will contribute 2.27GW in capacity.
In 2020, coal accounted for most of Vietnam’s total power generation. Despite its dependence on coal, Vietnam announced that it would aim to be net zero by 2050, at COP26, alongside a complimentary commitment to not build any new coal power capacity, barring projects that were already underway.
Vietnam plans to completely phase out all coal-fired power plants by 2050, in line with its climate commitments. However, the combined capacity of coalfired power plants will see an increase to 30.1GW by 2030, from what was 21.4GW at the end of 2020. Vietnam’s coal consumption is expected to rise from 94-97m tons in 2025 to a peak of 125-127m tons in 2030, before declining to 73-76m tons by 2045. There are currently 6.13GW of coal power plants under construction in Vietnam, including Na Duong II, An Khanh – Bac Giang, Vung Ang I, Quang Trach I, Van Phong I and Long Phu. There are another 7.22GW worth of projects that are behind schedule due to financial difficulties including Thanh President, Nam Dinh I, Quang Tri, Vinh Tan III and Song Hau II. PDP8 states that the Ministry of Industry and Trade will work with investors to get these lagging projects mobilised by June 2024. If its efforts fail, these projects will be considered for termination. Leading up to 2050, all coal power plants will either be decommissioned or converted to use biomass or ammonia as fuel. Additionally, Vietnam intends to encourage the development of cogeneration power plants using residual heat, blast furnace gas and by-products of technological chains in industrial establishments. In 2030, the capacity of these sources is expected to reach 2.7GW.
PDP8 highlights that power plants using locally sourced gas and imported LNG will become the key source of power by 2030. The plan for the gas sector includes prioritising the Block B Ca Voi Xanh gas power project, which will contribute 6.9GW of gas power. This project involves plants such as O Mon II, III and IV (totalling 3,150MW), Central I and II and Dung Quat I, II and III (totalling 3,750MW). Additionally, O Mon I (660MW) will be converted to use Block B gas. The total capacity of gas power production including LNG is expected to exceed 37GW by 2030. By 2050, the majority of Vietnam’s gas power plants are projected to transition to hydrogen. The chart below illustrates Vietnam’s target generation capacity for 2030 by sector in comparison to the capacity generated in 2020.
Vietnam also intends to maximise its hydropower potential, taking into account forest protection and water source security. By 2030, the total capacity of hydropower generation, including smallhydro is expected to reach 29.35GW.
PDP8 also recognises the significance of proper grid infrastructure and energy storage in managing electricity loads. Vietnam plans for the development of a power transmission system that is in sync with the progress of power sources and the development of smart grids to integrate renewable energy sources on a large scale. It also aims to develop close to 2.4GW worth of pumped hydro projects and 300MW of battery storage projects by 2030.
Substantial investment will be needed to achieve the targets outlined in PDP8. The estimated total investment needed to develop the power source and transmission grid between 2021 and 2030 is expected to be around US$134.7bn. In December 2022, Vietnam signed a Just Energy Transition Partnership agreement with a group of developed countries collectively called the International Partners Group, providing US$15.5bn to support its energy transition. The approval of PDP8 is a step towards unlocking these funds and attracting international investors thus opening up an avenue of opportunities for developers and contractors alike.
Dr Madana Leela Regional Analyst – All sectors (APAC) madana.leela@the-eic.comInside this issue...
The July issue of Inside Energy presents an analysis of Vietnam’s Power Development Plan 8, Glacier Energy’s hydrogen storage and distribution pressure vessel prototypes, Kongsberg Digital’s latest navigation simulation solution, an article about the impact of COVID-19 on the logistics industry by AsstrA and more.
We would also like to thank members Bureau Veritas, Endress+Hauser, EthosEnergy, Mott MacDonald, SPP Pumps, TÜV Rheinland/Risktec and Worley for joining us in another month of celebratory interviews for the EIC’s 80th anniversary.
In this month’s sector analysis Dr Madana Leela, Asia Pacific regional analyst at the EIC, explores Vietnam’s recently launched Power Development Plan 8 (PDP8) and reviews its main objectives and impact. According to Dr Leela, substantial investment will be needed in order to fulfil PDP8, but its approval is already a step in the process of obtaining it.
For members’ services, Glacier Energy announces that funding has been secured for the development of its hydrogen storage and distribution pressure vessel prototypes. This has been possible through the Scottish government’s Hydrogen Innovation Scheme, which will allow Glacier Energy, in collaboration with the Robert Gordon University, to manufacture five prototype pressure vessels.
Spotlight on technology is all about Kongsberg Digital’s new cloud-based navigation simulation solution, Ksim Navigation CLOUD. The latest advanced simulation technology is provided by Kongsberg as an online training application on its digital platform, a tool designed to offer basic navigation training in compliance with DNV’s Class D requirements.
It’s also been a pleasure to have AsstrA writing a guest editorial for this edition. The sector looks into the results of the COVID-19 pandemic and its restrictions on the international logistics industry. According to the article, the logistics segment is currently asking itself which changes imposed by the pandemic will remain now that the market is gaining traction once again.
As usual, you can get in touch with office notices and local market and project updates from our teams in Europe, the Americas, Asia Pacific and the MENA region. Our readers can also read business news from our members all over the world.
Léliam de Castro, Head of Marketing and Communications leliam.castro@the-eic.comSPEEDY NETWORKING EIC MEMBERS
ONE-TO-ONE
How has the EIC helped you through the years? Any interesting stories to tell?
As a member of the EIC Bureau Veritas has greatly benefited from the support, networking opportunities and industry insights provided by this organisation.
One of the key benefits of EIC membership is access to its EICDataStream platform, which offers comprehensive information on global energy projects. This platform has been invaluable in keeping us updated on the latest project updates, market trends and potential business opportunities in the energy sector.
Personally, I had the privilege of joining EIC Connect USA at its inception, working closely with Amanda. Over the years, this event has grown into a highly popular platform in the energy sector. It serves as an invaluable opportunity to learn, share insights on energy sector trends and network with industry leaders. Our team now considers it a must-attend annual event.
Furthermore, EIC offers numerous knowledgeenhancing opportunities through in-person events and webinars. These sessions cover a wide range of topics relevant to the energy industry, helping to stay informed about the latest developments. We have also had the privilege of sharing our expertise through speaking engagements and panel discussions.
What are the synergies between Bureau Veritas and the EIC?
In terms of synergies between Bureau Veritas and the EIC, the EIC’s commitment to promoting excellence, innovation and sustainability in the energy sector aligns closely with our values and objectives. Through our partnership, we have contributed to the growth and competitiveness of the energy industry while benefiting from the collective wisdom and experience of the EIC network.
Where would you like to see Bureau Veritas and the EIC in the next 80 years?
In the next 80 years I envision Bureau Veritas and the EIC continuing to play pivotal roles in driving innovation, sustainability and growth in the energy sector. Looking ahead, I believe that Bureau Veritas and the EIC will continue to collaborate closely to address the emerging challenges and opportunities in the energy sector. Together, we can drive the adoption of innovative technologies, promote sustainability and facilitate the transition to a cleaner energy mix.
Furthermore, Bureau Veritas and the EIC can continue to be leaders in fostering knowledge exchange and collaboration. We can organise joint initiatives, conferences and working groups to address emerging energy trends and challenges. By leveraging our collective expertise and networks, we can facilitate dialogue, promote best practices and shape the future of the energy industry. Ultimately, in the next 80 years, I hope to see Bureau Veritas and the EIC recognised as key drivers of sustainability, innovation and progress in the energy sector. Together, we can contribute to a more sustainable and resilient future.
About Bureau Veritas
Bureau Veritas is a leading player in the testing, inspection and certification (TIC) industry with over 190 years of experience. Its global presence and comprehensive range of services make it trusted partners in various sectors, including energy. It provides innovative solutions to meet the industry’s needs and ensures compliance, safety and sustainability. In the energy sector, the company offers a wide array of TIC services, covering renewable energy projects, oil and gas facilities and more. Bureau Veritas’ expertise spans the entire energy value chain, from production to distribution. It is at the forefront of industry trends, and two key areas of focus are hydrogen certification and carbon capture, utilisation and storage (CCUS).
ONE-TO-ONE
How has the EIC helped you through the years? Any interesting stories to tell?
Over the last 10 years the EIC has been an indispensable partner in collaborating on large capital projects. Its expertise and network have provided Endress+Hauser with unique insights, enabling us to navigate complex project landscapes with clarity.
EICDataStream’s comprehensive project tracking database complements Endress+Hauser’s expertise in the energy industry. The platform’s wealth of information on energy projects, from their inception to completion, has allowed us to gain valuable insights into the market landscape, project requirements and key decision-makers. This knowledge has been crucial in aligning our offerings with the specific needs of each project, thereby increasing our chances of success.
George Hofer, global account manager for Endress+Hauser, has stated that the EIC database has been instrumental in providing clarity by identifying contractors who are actively bidding on CAPEX projects, even when their involvement was previously unknown. We have also benefited from the exposure our organisation has gained through presenting and exhibiting at several EIC conferences. At the recent North Sea Decarbonisation event, Neil Jackson, oil and gas industry manager in the UK, presented some of Endress+Hauser’s carbon capture utilisation and storage (CCUS) solution successes to an audience of over 300 industry leaders.
We are also looking forward to hosting an EIC energy transition event at our UK headquarters in December. In the future, as the energy industry becomes increasingly diverse, our partnership with the EIC will become even more important, enabling us to keep pace with the growing number of operators, contractors, plant builders and equipment suppliers working on a vast array of projects around the globe.
About Endress+Hauser
Endress+Hauser is a global supplier of process automation solutions. The company develops sensors and systems for production and logistics. These products acquire, transmit and use process information. The products are excellent in both performance and price; the services are ground-breaking. Both aid customers’ competitiveness with a maximum of quality, safety and efficiency.
A tight network of production and sales companies, together with local agents, gives Endress+Hauser a strong presence across global markets. The company owes its good reputation to industry know-how, and to employees’ creativity and commitment.
Endress+Hauser stands for financial strength and continuity, the broadest range in its industry, and longterm customer relationships.
Endress+Hauser – People for Process Automation
ONE-TO-ONE
How has the EIC helped you through the years? Any interesting stories to tell?
EthosEnergy is a relative newcomer to the EIC, having joined in 2020 with a standard membership from which the company has enjoyed significant results. However, as an organisation with huge ambitions to further expand our international footprint, we increased our membership to global access in 2022 to draw further benefits. We’ve been able to tap into the EIC’s extensive network to form and leverage relationships with potential and existing customers, suppliers and partners in our key growth regions and benefit from a wide range of resources, such as insights and editorials in Inside Energy, that enable us to compete and succeed in an increasingly competitive and dynamic market. We’ve had many highlights in our membership journey – one of them being the opportunity to exhibit on the EIC pavilion at ADIPEC and through that being able to meet a ministerial delegation.
What are the synergies between EthosEnergy and the EIC?
Our focus on the energy industry is the most obvious synergy but scratch the surface and our commonalities run much deeper. We’re both committed to collaboration – driving the relationships and strong partnerships that deliver solutions to some of industry’s most pressing challenges. We understand the value of sharing knowledge across a global network and the possibilities that emerge when working collectively rather than in isolation.
Where would you like to see EthosEnergy and the EIC in the next 80 years?
The world is changing at a staggering rate and it’s hard to predict where we will be in five years let alone 80. What we’ll strive for is EthosEnergy to continue to make an impact, helping to make energy affordable, available and sustainable for our customers around the world. We see EIC remaining as a partner by our side, continuing to open doors in international markets through events, networking and knowledge exchange.
About EthosEnergy
EthosEnergy turns on potential to deliver services and solutions globally for rotating equipment to make energy affordable, available and sustainable. With a global footprint, EthosEnergy provides tailored solutions for the power generation, oil and gas, industrial and aerospace markets, enabling customers to achieve more.
EthosEnergy provides a full range of independent and OEM-approved solutions for turbine, generator and transformer products and helps industry operate more efficiently and sustainably with a circular economy model. The company repairs, regenerates and reuses to extend asset life, enabling customers to save money and reduce environmental impact and is committed to helping them decarbonise and reduce emissions through innovative technologies such as rotor life extension and hydrogen.
ONE-TO-ONE
How has the EIC helped you through the years? Any interesting stories to tell?
Mott MacDonald initially joined the EIC to access its project database, EICDataStream, which makes tracking global energy projects quick and easy. We wanted to cross check our market intelligence with the EIC database for future decision making. I then presented at a few EIC supplier events, building our relationship with EIC colleagues and members. Our relationship with the EIC developed to the extent that we became its goto technical partner to organise and develop thought leadership events, which helps to raise our profile, while benefiting EIC members and non-members.
We started with hydrogen. As part of Mott MacDonald’s hydrogen journey, we held annual hydrogen thought leadership events in partnership with the EIC. This led to entering into an exclusive two-year principal partnership with the EIC to deliver a global platform of events for industry experts to discuss the technological, economic, environmental and social transformations needed to build a sustainable future and reach net-zero targets. We’re now in the second year of our partnership and have participated in a variety of thought leadership talks in key industry areas, including energy security, hydrogen, offshore wind and HVDC, energy from waste and nuclear. The working relationship has been very good, and both organisations have benefited.
What are the synergies between Mott MacDonald and the EIC?
Mott MacDonald is a global engineering, management and development consultancy. Energy is one of our core sectors and we’re supporting our clients to meet the global energy transition. As a global energy supply chain association, the EIC provides access to a global network of energy company customers, suppliers and partners –all of which help us to help our clients do business.
These two synergies have been crucial in our two years as EIC’s technical principal partner. The EIC has a seamless organisational set-up to run events and we bring relationships with high-level industry speakers and panellists to make such events a success. We have played to our strengths and worked well together.
Where would you like to see Mott MacDonald and the EIC in the next 80 years?
We would like to see the EIC expand its influence in the coming years to reach beyond the supply chain to government, policy makers and financiers. In particular, we feel that the EIC is an independent body representing the energy sector and should play a more influencing role to governments. We’d also like to continue to support the EIC with technical and commercial solutions for the energy transition, consistent with sustainability, social outcomes and climate change.
About Mott MacDonald
Mott MacDonald is a global engineering, management and development consultancy. Its purpose is to improve society by considering social outcomes in everything it does, relentlessly focusing on excellence and digital innovation, transforming clients’ businesses, communities and employee opportunities.
Mott MacDonald’s skills encompass planning, studies and design, project finance, technical advisory services, project and programme management, management consultancy and beyond.
For every project, the company creates the blend of talent needed to create the right result – appropriate; cost, carbon and resource-efficient; safe, easy and swift to deliver and operate; reliable and resilient; delivering great outcomes.
ONE-TO-ONE
How has the EIC helped you through the years? Any interesting stories to tell?
The EIC provides SPP Pumps with a multitude of services, from live project tracking, which gives us a whole-life view of global projects, to organising trade shows and exhibitions to help SPP further market our products and to better engage with our customers and supply chain. SPP is one of the UK’s longest standing companies, having been founded in 1875, and we are happy to have spent a large part of this history partnered with the EIC. Our overall experience has been very positive, and we are proud to be one of the EIC’s historic members.
What are the synergies between SPP Pumps and the EIC?
As the global energy industry begins the long-term transition from traditional hydrocarbons to greener forms of energy, so too must the global supply chain. We believe companies previously at the forefront of oil and gas will now drive the development of green technologies. SPP and EIC can work together to track these developments and support the companies developing these technologies, to ensure British suppliers such as SPP are at the forefront of these new projects and technologies.
Where would you like to see SPP Pumps and the EIC in the next 80 years?
We hope SPP and EIC can continue to collaborate long into the future. The live project tracking provided by EIC, alongside the benefits offered by EIC at global events, are of great use to SPP and we hope this information and service will continue to be available to SPP and British suppliers as a whole. About SPP Pumps
SPP Pumps is a world class pump manufacturer based in the UK, where it designs, manufactures, tests, builds and project manages all the packages it produces.
SPP specialises in the supply of fire water and sea water lift pumps including all ancillary equipment relevant to these packages. SPP Pumps was founded in 1875 and has a long history of providing pumps to the energy industry, including renewables, oil and gas, carbon capture, hydrogen projects and various other applications.
The company has various sales offices and service centres strategically located around the world to handle all enquiries and support for customers.
ONE-TO-ONE
How has the EIC helped you through the years? Any interesting stories to tell?
The EIC has facilitated industry hot topic forums, sent regular energy insights straight to my mailbox, and more recently afforded me with the opportunity to participate on an EIC working group. It has kept me up to date with energy industry progress, while connecting me to other professionals. This has allowed collaboration, and sharing lessons learned, to help the sectors we work in grow and thrive in a safe, responsible and sustainable way. I cannot forget to mention my favourite project intel resource, EICDataStream! It is my go-to source of invaluable, global project information and is regularly an open tab on my laptop and used across the company.
What are the synergies between TÜV Rheinland/ Risktec and the EIC?
Both the EIC and TÜV Rheinland/Risktec acknowledge the rapidly changing energy landscape, with the emphasis moving quickly to the reduction of carbon and cleaner, greener energy solutions. TÜV Rheinland/ Risktec has been able to draw on decades of experience supporting safe energy operations for traditional energy sectors and offers the same level of safety and risk management support to the renewable sector. We have collaborated closely with operators of facilities creating energy using biomass, wind, hydro and solar to identify the hazards in their operations and explore how to mitigate or remove them. Through EIC forums we can share our experiences and help educate those entering the ever-expanding energy sectors, as many may not have a background working in high hazard industries. We recognise this energy transition cannot happen in a vacuum, there needs to be collaboration between developers, operators and service companies with industry bodies, like the EIC, helping facilitate knowledge transfer and sharing of best practices.
Where would you like to see TÜV Rheinland/Risktec and the EIC in the next 80 years?
The energy landscape is constantly changing but, regardless of the source of energy, there will always be a need for safety and risk management. The industry, and all associated sectors, will still require risks to be identified and managed, and safety must remain a top priority. We see TÜV Rheinland/Risktec thriving as we continue to support existing and new clients. We will continue to explore how to mitigate risks as new technologies emerge and provide different challenges for our experienced teams of engineers and scientists. We need the EIC’s support to continue to connect the key players in industry and provide forums for knowledge sharing. This is especially important as new companies, new ways of working and new technologies enter the market. We see TÜV Rheinland/Risktec growing its already impressive global footprint, providing support across the increasing energy sectors as the mix of energy solutions changes. I predict the EIC will grow and morph in parallel with the energy industry, continuing to meet the needs of those working in the various sectors. I was delighted to be able to celebrate the EIC receiving the prestigious King’s Award for International Trade this year, as well as the EIC’s 80-year anniversary.
About TÜV Rheinland
TÜV Rheinland is a global, independent inspection and testing service provider whose experts check compliance with existing safety standards in all spheres of work and everyday life. TÜV also applies its own standards to ensure the responsible development of technical innovations. Risktec Solutions is a wholly owned subsidiary of TÜV Rheinland and supports health, safety, security, environmental and business risk for high hazard industries. Risktec’s global footprint extends from the UK into Europe, the Middle East, Southeast Asia and North America.
ONE-TO-ONE
How has the EIC helped you through the years?
Any interesting stories to tell?
I met Amanda through the Economist network. We were both named Top 100 Women in Energy Transition in 2021 through the Transition Economist. Amanda and I connected via LinkedIn and we discussed a potential opportunity to participate in one of EIC’s webinars on the topic of hydrogen. I immediately agreed and that’s how my relationship with EIC began and I must admit that the experience has been quite rewarding not only in terms of keeping up to date with industry trends but also having an incredible opportunity to network with many leaders within the energy industry. I wanted to give back and therefore agreed to serve on the advisory board for EIC’s North and Central America committee as well as the Hydrogen committee.
What are the synergies between Worley and the EIC?
EIC and Worley operate in the same markets –conventional oil and gas covering upstream, midstream and LNG, as well as the new energy markets such as hydrogen. Strategy is a core function at Worley that defines the vision for our business and we rely on market intelligence from various sources along with our internal strengths and capabilities to identify growth markets. In my strategy role, I have used EICDataStream which is a projects database tracking energy projects from the inception stage all the way through to completion.
Where would you like to see Worley and the EIC in the next 80 years?
As role models in the sustainable energy space. I see Worley as a leader with innovative solutions that supports customers, reduces their carbon footprint and EIC with market intelligence and stakeholder engagement helps companies with their investment strategies.
I have no doubt in my mind that artificial intelligence will affect the future of energy and climate and it would be great to see both the companies leverage that and see how it can help in transformative ways.
About Worley
Worley is a professional services company of energy, chemicals and resources experts helping customers shift their operations towards a more sustainable future. Worley employs more than 55,000 people across 46 countries, all driven by a common purpose, delivering a more sustainable world.
The company works with its customers at every stage of their project – from initial concepts to sustaining and enhancing their assets, while working to fulfil its ambition to be recognised globally as the leader in sustainability solutions. Worley has completed more than 3,900 energy transition projects, including more than 300 in lowcarbon and renewable hydrogen.
CHINA Suining SAF Plant
Operator: JSRE
Value: US$170m
Honeywell UOP LLC has been awarded a contract to provide the license process technology that will enable production of 300,000 tpa of sustainable aviation fuel (SAF) from the planned Suining SAF project. Honeywell will also provide catalysts and proprietary equipment for the newly proposed plant.
Global opportunities
FRANCE
Offshore Wind Farm Dieppe Le Tréport
Operator: Eoliennes en Mer Dieppe
Le Tréport
Value: US$2.4bn
DEME Offshore has been awarded three contracts for more than €300m. The deal includes the transport and installation of the pin piles and jackets forming the foundations for the wind turbines.
PARAGUAY
Villeta Green Hydrogen Plant
Operator: ATOME
Value: US$180m
Baker Hughes has been selected to supply its compressor technology, pumps and valve equipment to the Villeta project. The company has become a shareholder of ATOME Energy by subscribing US$2.6m for a 6,6% share of the company.
PHILIPPINES
Talim Wind Power Project
Operator: Vena Energy
Value: US$250m
Vena Energy plans to develop the Talim and Sembrano onshore wind projects with capacity of 212.5MW and 93.75MW. The company has contracted Mingyang Smart Energy for the supply of wind turbines with total capacity of 306MW. Mingyang will supply, transport, install and commission 49 MySE 6.25-172 turbines.
QATAR
Ras Laffan - Qatargas - NFE LNG Liquefaction Trains Expansion 2
Operator: Qatargas
Value: US$15bn
QatarEnergy has awarded an EPC contract worth US$10bn to a JV of Technip Energies and Consolidated Contractors Company (CCC) for the project. The contract involves the construction of two LNG mega trains, each with a capacity of 8m tonnes.
US
Dover Field Development Project
Operator: Shell
Value: US$350m
Shell has awarded TechnipFMC an EPCI contract for the SPS and SURF scopes associated with the Dover development. The contract covers the supply of subsea trees in addition to the EPCI of umbilical, riser and flowline systems. The contract is worth US$75-250m.
AssetMap
For more information on these and the 13,500 other current and future projects we are tracking please visit EICDataStream
SupplyMap
EICSupplyMap maps the capabilities of supply chain companies that operate in the wider energy industry. These industries cover renewables, upstream, midstream, downstream, power, nuclear, energy storage and the potential and proven capabilities in carbon capture and hydrogen. After successfully mapping the UK market, EICSupplyMap now covers the United Arab Emirates, Malaysia, Texas/US and Brazil.
• Identify the supply chain local to your region, giving you the opportunity to engage with potential new clients.
• Find the supply chain capability in five regions, now covering the UK, UAE, Malaysia, Texas/US and Brazil.
• An in-depth look at profiles of more than 6,000 energy sector supply chain companies.
• Make smarter decisions by targeting your offering to international developers/operators and contractors matching your capability with international energy projects.
Members’ services
Glacier Energy with RGU in funding call to build hydrogen storage and distribution pressure vessel prototypes
Glacier Energy, a leading international provider of specialist products, services and engineered solutions for the renewable and conventional energy markets has secured funding through the Scottish Government’s Hydrogen Innovation Scheme to build hydrogen storage and distribution pressure vessel prototypes.
The awarded project, developed in collaboration with Robert Gordon University explores the feasibility of manufacturing a low-cost affordable hydrogen storage vessel using combined metal core and composite wrapping processes for testing that are both compact and easy to use in the consumer market.
A total of five prototype pressure vessels will be manufactured with each varying in size in order to establish structural response and operating limits. It will be evaluating the optimum design for large scale compressed gas hydrogen storage and distribution vessels, at a lower cost than is currently available in the market. Glacier Energy is developing this technology in order to provide alternative hydrogen storage and distribution solutions.
The Hydrogen Innovation Scheme, a fund of £7m was awarded to 32 different projects across Scotland that are focused on driving innovation in the production, storage and distribution of renewable hydrogen. The formal announcement of the successful applicants was announced by Scotland’s first minister Humza Yousaf at the All-Energy conference in Glasgow.
This funding award is the second successful funding application awarded for this project and follows the Scottish Funding Council Advanced Innovation Voucher Scheme award in August 2022 for the initial feasibility study which was successful and has paved the way for this next stage of the project.
Glacier Energy is successfully using its strong history and heritage to develop innovative solutions for the hydrogen industry. With 85+ years of industry experience designing and manufacturing pressure vessels using traditional materials, combined with Robert Gordon University’s knowledge in high strength composite materials, it is the perfect partnership to drive the success of this innovative project.
KONGSBERG DIGITAL IMPROVES THE QUALITY OF MARITIME NAVIGATION TRAINING
K-Sim Navigation CLOUD is based on Kongsberg’s wellreputed simulation technology and was developed in the SkyNav project funded by Innovation Norway. It enables schools and training centres to provide high-quality simulation training in navigation and ship handling, including ECDIS and radar. The solution is designed to provide basic navigation training in compliance with DNV’s Class D requirements. For training institutes with onsite simulators, K-Sim Navigation CLOUD is perfect for blended learning and an excellent supplement to classroom or full-mission simulator training. The training application can also be used as a stand-alone offer by other training providers that do not need to invest in hardware to provide their students with simulation exercises.
Thanks to an advanced physics engine and state-of-the-art hydrodynamic modelling, it provides students with highly realistic training using vessels, objects and equipment that behave and interact as in real life. A sophisticated new visual system powered by Unreal Engine brings vessels, geographical areas and all possible weather conditions to life.
Consolidating its position as a leading adopter of the new digital technology, The Maritime Academy of Asia and the Pacific (MAAP) started using Kongsberg Digital’s K-Sim Connect platform in 2019 for cloud-based simulation training to complement classroom education and it will be the first training centre in the world to offer K-Sim Navigation CLOUD to its students.
New EIC members
NEW PRIMARY MEMBER Access and Coating Group
JLT Cluster V JBC 2 Unit 1108 Dubai UAE
Contact Tony Turnbull, COO
Telephone +9714 323 8187
Email tony.turnbull@access-coating.com
Web https://access-coating.com/
ACG is a leading global industrial services company. Currently it employs over 1,000 skilled operatives focusing on delivering tailored services such as scaffolding access, rope access, industrial insulation, surface preparation and coating application and passive fire protection.
A one-stop shop approach offering a wide range of essential industrial solutions to the oil and gas industry.
From construction to commissioning and hook up and subsequent asset lifecycle maintenance.
ACG offers a diverse range of industrial solutions and highquality services across all areas of oil and gas construction and maintenance arenas, all the while ACG is incessantly reducing risks, diligently managing safety and consistently improving environmental performance.
NEW PRIMARY MEMBER Business Gateways International LLC
Office 14, Building 4
Knowledge Oasis Muscat (KOM) Rusayl, Muscat Sultanate of Oman
Contact Sanjiv Padman, Senior Manager –Business Development
Telephone +968 2416 6123
Email sanjiv@businessgateways.com
Web www.businessgateways.com
Business Gateways International (BGI) is an Oman-based IT organisation, implementing nationwide technology-driven projects that empower people, businesses and nations.
The company serves Oman’s government and ministerial stakeholders through successful build and operate IT platform models, empowering varied stakeholders to achieve their objectives.
BGI’s partial list of platforms:
• The Joint Supplier Registration System (JSRS) is a single window, mandatory, supplier registration and certification to Oman’s oil and gas industry.
• The Oman National Subsidy System (NSS) delivers and monitors fuel and electricity subsidy on behalf of the government of Oman.
• bidproc (www.bidproc.com) is an integrated eTendering and eAuction system.
NEW PRIMARY MEMBER
FireDos GmbH
C/O Haven Fire & Safety PO Box 9554 Abu Dhabi UAE
Contact Stuart Phythian, Regional Manager MENA, SEA, AUS
Telephone +9715 8133 7464
Email stuart.phythian@firedos.de
Web www.firedos.com
FireDos specialises in the development and production of innovative and reliable proportioning systems and extinguishing monitors for firefighting. It provides its customers security – through risk reduction, lower operating costs and
NEW PRIMARY MEMBER
Hausthene Polyurethanes
Av Papa João XXIII, 4833 Bairro Sertãozinho City of Mauá State of São Paulo
Brazil
Contact Thais Dozzi Tezza, Sales Director
Telephone +55 11 4543 7330
Email thais@hausthene.com.br
Web
www.hausthene.com
Hausthene has been operating since 1982 and has been constantly working to offer high quality products and services involving elastomers to its customers. With an equipped laboratory to assure the quality of every manufacturing step and the support of a highly qualified technical team it is prepared to develop a wide range of projects which require polyurethane.
Since it began operating in the energy sector, Hausthene has designed a large number of successful projects with some of the main players in the market.
With the API17L certification (ongoing) it aims at an even greater share in this market.
NEW PRIMARY MEMBER HECOTEC LLC
Mardanov Gardashlari 59 Baku City Republic of Azerbaijan
Contact Gasim Mustafayev, Head of PMO
Telephone +994 50 448 4666
+994 50 685 1994
+994 55 203 4595
Email gasim.mustafayev@hecotec.az
Web www.hecotec.az
HECOTEC LLC, established in 2016, is an innovative EPC contractor based in Baku, Azerbaijan. With its experienced multinational engineering staff, the company provides worldclass engineering, procurement and construction services in regional and global markets.
Its qualified team offers total project solutions, from conceptual design to detailed engineering, project management and construction works. With proven relationships in engineering and design, particularly in the oil and gas industry, HECOTEC LLC integrates expertise to deliver high-quality solutions.
HECOTEC LLC has achieved ISO 9001:2015, ISO 14001:2015 and ISO45001:2018 certifications, ensuring adherence to international standards. In addition to its international certification, HECOTEC LLC has obtained several local governmental licenses, expanding its capabilities in various areas. These licenses encompass the engineering and design of buildings and structures requiring construction permits and involving information procedures.
HECOTEC LLC also possesses a license for conducting diagnostics and other technical inspections of equipment and technical devices used in potentially hazardous facilities.
NEW PRIMARY MEMBER Marniq Bersatu Sdn Bhd
No 29-3, Plaza Danau 2
Jalan 4/109F
Taman Desa
58100 Kuala Lumpur
Contact Ahmad Firdaus Bin Hassan, Chief Executive Officer
Telephone +03 9776 7351
Email firdaus@marniq.com
Web www.marniq.com
Marniq Bersatu Sdn Bhd is a leading oil and gas company specialising in advanced non-destructive testing (NDT) inspection and asset integrity management. Its team of highly skilled professionals utilises stateof-the-art technology and industry best practices to ensure the safety, reliability and efficiency of its clients’ operations.
With expertise in CRAMS-R (computerised risk based inspection) software and CRAMS-I (wireless remote monitoring), the company provides comprehensive solutions for assessing and managing risks, optimising maintenance strategies and maximising the lifespan of critical assets.
Marniq Bersatu is committed to delivering exceptional services that meet the highest standards of quality and compliance in the oil and gas industry.
NEW PRIMARY MEMBER PMO Global Project Management Services LLC
Office 301, Saeed Tower II
Sheikh Zayed Road
Dubai
UAE
Contact Mohamed Jassim, Commercial Director
Telephone +9714 282 3424
Email jassim.mohamed@pmo-global.com
Web www.pmo-global.com
PMO Global Project Management Services is a turnkey service provider in the outfitting of living quarters and technical buildings in the marine, offshore, renewables and industrial sectors. Its expertise encompasses engineering, procurement, construction and commissioning of new builds and major repairs and conversions, addressing structures, architecture, HVAC, piping, electrical and instrumentation, safety and communication verticals.
The company operates in all of the MENA region through its extensive knowledge of project management skills, highly skilled resources and advanced tools, fostering an environment of collaboration and innovation, ensuring objectives are met at every stage and conducted in time, to budget, quality and most importantly – safely.
NEW PRIMARY MEMBER
Torishima Service
Solutions FZCO
National Industries Park
Plot TP10501, Jebel Ali South
Dubai
UAE
Contact
David Knox, New Business Development –Middle East
Telephone +9714 880 7344
Email dknox@tss-ae.com
Web www.torishima.co.jp/en/
Torishima Service Solutions FZCO
(TSS) is a division of the global Torishima Mfg Co, headquartered in Japan.
Supporting its Middle East client base within the seawater desalination, power, water, wastewater, irrigation and drainage industries from the Torishima Service Solutions facilities in Dubai, Abu Dhabi, Jeddah and Qatar.
The company offers the following range of products and services from its key locations in the Middle East:
• Rotating equipment service, overhauls and repairs.
• Long term service agreement provider.
• Spares for Torishima and other OEM pumps.
• Hydraulic and material upgrades.
• Replacement pumps and pump retrofits.
• Oilfield service provider –API Q1, API 6a, 16a & 16c manufactured product.
• API 610 pump manufacturer.
• Industrial services division, compressor overhauls and repairs.
• Cryogenic pump repairs – OEM equivalent spare parts with over 30 years experience in this field.
NEW GLOBAL MEMBER TÜV AUSTRIA UK Ltd
01 Meadlake Place
Thorpe Lea Road
Egham
TW20 8BF
UK
Contact Ben Verhagen, Managing Director
Telephone See website
Email ben.verhagen@tuv.at
Web www.tuv.at/en/
TÜV AUSTRIA UK Ltd is a member of TÜV AUSTRIA Group with a solutions portfolio ranging from cybersecurity, IoT, robotics and OT-security, industrial computed tomography, advanced NDT, elevator technology, pressure equipment, plant safety, materials testing and education and training, to medical and electrical engineering, environmental protection, Industry 4.0, Production 4.0, carbon footprint evaluations, personal, system and product certification, biodegradable product certification and is an approved body in many countries.
Member news
Actavo secures agreement with UK’s National Grid
Actavo’s Protective and Decorative Coating (PDC) division has been awarded a place on a framework with the UK’s National Grid covering asset painting across the transmission network and substations within the UK. 120 PDC employees will carry out work under the agreement, with 60 of them specialising in painting the National Grid towers.
AEG Power Solutions supplies H2B2 with DC-3 power supply for integral hydrogen operation in Bogotá
AEG Power Solutions (AEG PS), global provider of power systems and solutions for all types of critical and sustainable applications, has successfully commissioned the DC-3 power supply and a 230kVA transformer. AEG PS designed the solution to fit in a 40 foot container along with the H2B2 PEM EL30N electrolyser. This equipment will produce 65kg/day of green hydrogen with renewable energy for Ecopetrol Group, which has a goal of zero net carbon emissions by 2050.
The system was shipped and commissioned by H2B2 earlier this year, and the inauguration of Ecopetrol Group’s low-emission hydrogen production plant was inaugurated at the end of March 2023. The refuelling station will use H2B2’s EL30N electrolyser, which will produce and supply approximately 3kg/h of renewable hydrogen for a bus in the Bogotá DC public transport system in Colombia.
AEG Power Solutions is very proud to supply our rectifier and transformer solution for the second project of H2B2. It shows that we have a very flexible, scalable and modular solution which fits for various kinds of integration. We are looking forward to extending our fruitful co-operation with H2B2.
Jörg Liedloff, VP Business Development Energy Transition, AEG Power SolutionsActavo has conducted services for the National Grid for thirty years and has never experienced a lost time incident while completing over 3m man hours working on its behalf. The company estimates that it has carried out PDC services on 15,000 towers and substations since it commenced work with the National Grid, ensuring that these assets are painted safely to specification, on time and to budget.
The division has been recognised with Royal Society for the Prevention of Accidents (RoSPA) awards for twenty years in a row. The company counts the National Grid, Scottish Power, SSE, Balfour Beatty, ExxonMobil, Northern Power Grid and UK Power Networks among its clients.
The DC-3 rectifier has been selected as the solution of choice thanks to its high efficiency in partial load scenarios, which is especially the case when intermittent renewable energy sources feed the electrolysing process. AEG Power Solutions’ hybrid approach combines the advantages of IGBT and diode technology. Thanks to a very low THDi and a very high power factor of up to 1, grid compliance can usually be achieved without the need for additional offsets or filters. The system has low DC ripple over the entire load range, which is required by many electrolyser manufacturers.
H2B2, Ecopetrol’s partner in developing the strategic plan for lowcarbon hydrogen in Colombia, has been commissioned to execute and install a US$3.5m low-emission hydrogen production and supply station. This electrolytic hydrogen generation system is located at a refuelling station for buses and light vehicles. i
For more information: www.aegps.com
AIS wins its sixth
Award for Enterprise in the King’s Awards, for its export success over a threeyear period
A global leader in the engineering, manufacture and application of insulation and passive fire protection systems, buoyancy and SURF (subsea, umbilicals, risers and flowlines) products, AIS obtained the International Trade Award for its outstanding short-term growth in overseas sales in key markets including China, Brazil, US, Malaysia and Ghana.
The company identified export growth as the best chance of diversifying its portfolio, a strategy that has strengthened its position in different regions and added security in an uncertain market caused by the COVID-19 pandemic.
The figures validate the decision to focus on export ambitions and show an increase in export revenue to China from £0 (FY 2019) to approximately £8.5m (FY 2021). Focusing on growing its export business to Brazil came with numerous challenges regardless of the pandemic, but with figures rising from £0.5m (FY 2019) to £3.2m (FY 2021), the company’s ambitions were justified.
Overseas sales increased by 70.25% over three years, despite travel restrictions during the pandemic. The flexible team at AIS found a solution that included remote training and supervision to develop its export markets.
AIS is thrilled to receive the King’s Award for International Trade. It is a testament to the hard work of everyone at the company, both in the UK and internationally in an exciting year having acquired subsea specialist CRP Subsea in 2022.
Our portfolio of hightemperature tubes includes a wide range of austenitic stainless steels and nickel alloys as well as ironchromium-aluminum alloys, which can be used at temperatures up to 1250ºC (2280ºF) for specific applications.
Alleima advancing innovation in hightemperature and heat exchanger tubing
New technology-driven advances in the energy industry demand manufacturing materials that are strong enough to withstand the heat and deliver lower lifecycle costs.
High-temperature (HT) materials operate in temperatures ranging from 500°C-1200°C. To ensure performance confidence they must be able to demonstrate excellent creep strength, structural stability and corrosion resistance for the required task.
In the HT and heat exchanger (HX) markets – from laying head pipes, muffle tubes and lime lances to pulverised chemical injection, mineral insulated cables or tubing for chemical and petrochemical refineries – the selected tubing must help improve both asset performance and OPEX returns.
Leading the Alleima HT and HX products portfolio is Eduardo Perea, who was appointed senior product manager and sales team manager within application tubing at the beginning of this year. Eduardo has a long background in different roles within sales and technical marketing.
Alleima works hand-in-hand with customers to accelerate industries. The more it helps move them forward, the more it learns and progresses itself. It is committed to product specialisms and the ongoing advance of its broadbased product mix. In this way, Alleima continues to ensure its customers get the right solutions for their needs –however complex or simple.
Tubes often represent 70%-80% of total heat exchanger costs but less than 5% of total project costs. Being able to trust in a quality materials manufacturer with deep technical expertise, an understanding of the customer’s needs and local service support around the world can provide long-term financial benefits. Buying low-cost alternatives can result in leakages, lost production time and higher fabrication costs.
Progressive partnerships are core to the company’s business and provide value to customers. Its sales, technical marketing and R&D teams work together to build product strategies including pricing, forecasting, marketing and exhibitions. They co-ordinate with the company’s production units on capabilities, qualifications and quality to ensure it delivers the absolute best in materials technology.
Ashtead Technology signs rental agreement with i2S
International subsea rental equipment and solutions specialist Ashtead Technology has signed an exclusive rental agreement with France-based i2S, specialists in underwater robotics and imaging solutions.
Balmoral launches scour protection system
Established supplier to the oil and gas sector, Balmoral, has adapted and transitioned several of its proven buoyancy and protection solutions for use in the fixed and floating offshore wind sector.
Tried and trusted products such as buoyancy, cable protection, bend limiting devices and crossover solutions have been readily accepted by the wind sector that is keen to build an experienced and reliable supply chain.
These measures need to be carefully monitored to avoid damage to the turbine, seabed and any associated cabling. The costs involved in this process, along with the carbon footprint implicated with extra quarrying and vessel time for installation, is significant.
To address these issues, Balmoral developed Balmoral HexDefence™, an exclusive scour protection system that integrates seabed protection and flow reduction to minimise offshore operational costs and potential cable failure.
The HexDefence structure eliminates the requirement to dump rock, instead providing a non-invasive approach to protecting the monopile and the immediate surrounding area.
The lightweight advanced composites construction and streamlined installation method makes it easy to install without the need for additional vessels resulting in an improved carbon footprint for all operations.
Following positive discussions with leading wind farm developers and industry bodies Balmoral has been encouraged to bring the product to market as soon as possible.
Under the deal, Ashtead Technology will have access to i2S’s Orphie systems, high-specification cameras that can be used by ROV and divers to improve observation in turbid waters. Orphie technology offers the possibility of observing objects at a distance three times greater than many cameras, producing realtime actionable images to support underwater inspection operations.
The i2S Orphie systems are now available to rent throughout Ashtead Technology’s international technology and service hubs.
Now, following extensive research and investment, the company has brought a completely novel and globally patented product to market which aims to drastically reduce scour phenomena around fixed wind turbines that cause seabed erosion and a reduction in foundation strength and stiffness.
These conditions can lead to turbine foundation instability and inter array cable damage ultimately resulting in expensive cable failure. To mitigate these consequences scour protection is used to defend the seabed around a monopile structure.
Scour protection typically involves the installation of a layer of material around the base of the monopile to prevent sediment erosion. This can be made of various materials including rock, concrete or a specially designed geotextile fabric. The layer is placed on the seabed around the monopile to dissipate the energy of the fluid flow and reduce erosion rates.
Through our established international network of technology and service hubs we look forward to bringing the latest Orphie technology to our customers and seeing these products deliver excellent results in the field.
Phil Middleton, Head of Survey and Robotics, Ashtead TechnologyPhil Middleton, Ashtead Technology’s Head of Survey and Robotics
Ellis Patents strengthens its Quad squad
Ellis Patents has extended the appeal of its best-selling Emperor cable cleats by launching Emperor Quad.
Initially designed as a bespoke solution for a defence project, the new variant was developed into a full addition to the North Yorkshire manufacturer’s range in response to a growth in the number of installations requiring heavy-duty quad solutions.
The new Emperor Quad is available in seven sizes, covering cable diameters ranging from 19mm to 49mm. Its addition to the range means Emperor cable cleats are now available to suit single, trefoil and quad cable configurations; Ellis Patents can claim a solution readily available for every situation where a cable cleat needs to deliver the highest level of short circuit withstand.
Ellis Patents has a strong, inhouse research and development department that has a proven track record in taking product enquiries from initial CAD design through to prototyping, 3D modelling, testing and eventual production and manufacture. This enables the company to fill any gaps it notices or finds developing in the market and design and develop fully bespoke solutions for live developments.
Manufactured in type 316L stainless steel, Ellis’ Emperor cleats feature an integral LSF zero halogen polymeric liner and base pad that protects and cushions cables during short circuit conditions. In addition, they are quick and easy to install – especially the Twist Foot options, which allow them to be secured into place in seconds with just the twist of a screw.
For more information on Ellis Patents, its in-house capabilities and its newly extended Emperor range of cable cleats visit www.ellispatents.co.uk or call +44 (0)1944 758 395
EthosEnergy keeps Telfer site operational during cyclone
On 13 April the Western Australian coast witnessed Isla, a Category 5 cyclone which left the Telfer mine in its direct path. The site was predicted to receive the force of a Category 3 cyclone around midday on 14 April, leaving the site owners, Newcrest, with a difficult decision to make.
Newcrest decided to evacuate the Telfer mine except for essential personnel. This left a small number of crew which included four EthosEnergy personnel to be on deck until the cyclone passed, and relief could be flown back to the site.
Barry Shires, operations and maintenance superintendent, Martin Robinson, leading hand, Dean Howell, OMT electrical, and Liam Kendle, OMT electrical, were the brave personnel who stayed at the facility during the cyclone. EthosEnergy, along with the other essential crew members, stayed in a shelter where remote monitoring of the power stations had been set up.
Despite the difficult circumstances, power, IT and mobile services continued uninterrupted throughout the cyclone. Fortunately, everyone was safe and EthosEnergy’s contribution allowed the Telfer site to keep running.
Kent wins second major contract on Berwick Bank wind farm project
Kent, one of the leading providers of engineering and design services to the global offshore wind industry, with involvement in 15GW installed capacity and 17GW in development, has been awarded a further major contract for SSE’s Berwick Bank project.
This new contract will see Kent complete the FEED and detailed design of the WTG foundations and substructures for Berwick Bank. The award of this scope follows Kent’s recent successful delivery of the concept design. Kent will provide the complete service required to deliver the FEED and detailed design, encompassing project and engineering management and technical delivery across various disciplines.
The Berwick Bank project is located in the North Sea, in the outer Firth of Forth. Berwick Bank offshore wind farm has the potential to deliver up to 4.1GW of installed capacity, making it one of the most extensive offshore opportunities in the world.
For more information: https://kentplc.com/
New Kongsberg Digital technology empowers offshore vessel operations
With enhanced technology and new features, Kongsberg Digital is relaunching its application for vessel and fleet optimisation, Vessel Performance, for offshore vessel operations. The data-driven solution now provides even more accessible onboard and onshore decision support, enabling significant cost and emission reductions in offshore operations.
The new version of Vessel Performance provides enhanced onboard decision support through an improved and more user-friendly interface. Optimising running engines and reducing excess equipment usage, Vessel Performance assists the crew in reducing fuel consumption and maintenance costs.
The Vessel Performance data is also shared in real-time with onshore personnel. The accessible data and analysis increase operational awareness for the users, making it easier to detect the cost saving opportunities, which is normally a time-consuming task in the offshore industry due to the complexity of the systems onboard.
i
For more information: www.kongsberg.com/digital/
NES Fircroft fortifies its presence in Japan
Building on 20 years of operating across Asia, NES Fircroft (NES) has completed the acquisition of Japanese employment advisers Polarities Co Ltd. Polarities has a wealth of experience and track record in Japan having operated locally in Tokyo for more than two decades providing advisory and outsourcing services to clients across various industries including staffing. NES provides a range of contract and permanent talent solutions to the energy market globally and already has a significant presence working with LNG and renewable energy providers in Japan.
The combination of NES’s recruitment capabilities and Polarities’ proven track record with Japanese statutory and operational requirements provides a potent capability for international companies seeking employment solutions in Japan as well as Japanese companies seeking local/international talent or seeking support outside Japan.
Our focus is always to build long-term relationships with our clients and become their valued workforce management partner. This acquisition will allow our clients to partake in one of Asia’s largest markets with the peace of mind that all regulations are expertly taken care of.
Matt Underhill, Managing Director, APAC, NES FircroftThe new combined entity in Japan provides fully compliant solutions provided by an in-house experienced team of staffing and payroll professionals. The team’s expertise transcends the full gambit of skill sets required across the energy transition industries, from traditional LNG to renewable and alternative energy sources.
For more information: www.nesfircroft.com
Sonardyne: measuring ocean currents to better understand climate
Marine scientists have deployed two hi-tech bottom pressure recorders (BPRs) on either side of the Atlantic Ocean in an effort to measure the strength of global ocean currents that drive much of the Earth’s climate.
The Atlantic Meridional Overturning Circulation (AMOC) is a large system of ocean currents that transports warm surface waters from the tropics northward towards the subpolar and Arctic regions. There, the waters cool, become denser and sink before returning southward at depth. In doing so, this vast conveyor belt movement of water is a major factor in controlling global heat distribution, regional sea level changes, the ocean’s absorption of carbon and European weather.
To measure the AMOC’s impact on our changing climate, scientists from the Scottish Association for Marine Science (SAMS) in Oban have deployed two deep-sea Bottom Pressure Recorders (BPRs), one in the north-east Atlantic and one in the Labrador Sea, to record regular changes in sea surface height.
The two Fetch AZA BPRs, developed and built by UK marine technology firm Sonardyne, have been placed thousands of metres below the sea surface where they will record sea surface height to the nearest centimetre, giving the researchers a detailed comparison between the two locations. Deployed for up to 10 years, this will allow them to measure changes in the speed and strength of the AMOC, which will provide crucial data to inform climate predictions.
The north east Atlantic instrument was deployed from the RRS James Cook during the Overturning in the Subpolar North Atlantic Programme (OSNAP) research cruise, jointly led by SAMS and the National Oceanography Centre (NOC). The western instrument was deployed by SAMS oceanographer Dr Sam Jones during a cruise on board the RV Meteor, led by the German marine institute GEOMAR.
The east side of the Atlantic Ocean is typically around 20 centimetres higher than the west side but the flow of the water does not go east to west, as the opposing force of the Coriolis effect from the rotating Earth causes a circular flow in a general south to north movement.
The AMOC transports roughly 1.25 Peta (10^15) Watts of energy from the Tropics towards the subpolar and Arctic regions – more than 60 times the present rate of world energy consumption. Despite being so influential in our climate, it has only been continuously measured for 19 years, limiting our long-term understanding of its relation to climate.
The BPRs will remain on the seabed for up to 10 years and the data they gather can be transmitted wirelessly through the water to a ship or even an uncrewed platform, without the need to recover them.
OSNAP is now six months into gathering data from both sides of the Atlantic and to mark this milestone Sonardyne and SAMS have released a video – Understanding the AMOC –explaining the effect of ocean currents on climate and the importance of the programme in more detail.
TESS Aberdeen’s mobile workshop is changing the game
Equipment failures can cause significant disruptions to your business operations, resulting in lost productivity and revenue. TESS Aberdeen is excited to unveil its brand new, state of the art mobile workshop allowing it to provide onsite service and support when needed, meaning less downtime.
With its new mobile workshop, TESS Aberdeen has a fully mobile solution that aims to minimise downtime associated with equipment failures, resulting in fewer business delays and expenses for its valued clients.
The mobile unit is staffed by highly trained technicians who are experienced in hydraulic and pneumatic systems and are equipped with the latest tools and equipment to provide prompt and reliable service.
This new workshop is a game changer for TESS Aberdeen’s clients. With the new mobile capability, it can now provide onsite support round the clock, ensuring that clients get the expertise and assistance they need, wherever they are, and whenever they need it. Rapid response times will ensure the ultimate support for clients minimising downtimes associated with equipment failures, resulting in less business delays and expenses getting businesses back up and running in the fastest time possible.
TESS is proud to be a recognised market leader in the supply of integrated fluid transfer and power and control solutions. It is focused on increasing up time and cost savings within oil and gas, aqua culture and the public sector. Its solutions are designed specifically for operators and users within drilling and wells, service companies, maintenance and modification and OEM manufacturers to ensure reliable results to take business to the next level.
NanoSUN’s Pioneer HRS to refuel Brühl’s Solaris hydrogen buses
Six brand new Solaris Urbino 12 hydrogen buses go into regular service with Germany’s first mobile hydrogen filling station, delivered by Westfalen Group, now in continuous operation and ready for refuelling.
Brühl was one of the pioneers who, together with RVK and Hürther Stadtwerke, took the first big step in 2011 – with hydrogen as an alternative drive for public transport. At that time, two buses of the prototype Phileas (APTS) were put into operation and they continued to commit themselves to the alternative drive with hydrogen. Three hydrogenpowered vehicles have been in use in Brühl city traffic since October 2021.
The decision to switch city traffic to hydrogen was made on 16 March 2022 in Brühl. Since then, many strings have been pulled and numerous sub-projects have been implemented. With the commissioning of the six new Solaris vehicles, the hydrogen landscape in the metropolitan area around Cologne will be enriched by another large piece of the puzzle.
Hydrogen-powered fuel-cell hybrid buses score in many respects. In addition to the greatly reduced noise emissions, this means, among other things, no emissions of NOx (collective term for gaseous oxides of nitrogen), CO2 (carbon dioxide) and soot particles.
With just under 390,000km a year, now driven exclusively with hydrogen, 393 tons of CO2 and 0.55 tons of NOx are avoided compared to the Euro 6 diesel bus. The 12 metre long Solaris vehicles can be refuelled just as quickly as diesel buses and therefore do not require any adjustments for operational processes.
The filling station was developed in co-operation between Westfalen Group and the Lancaster-based company NanoSUN. It is a containerbased fast-fill solution for refuelling at 350 bar. Filling a fuel cell bus with the mobile hydrogen filling station takes less than 20 minutes. Since the filling station container can deliver up to 230kg of hydrogen from several cylinders, fuel cell buses in Turnus can be fully refuelled. The system is particularly robust because there are no components that are prone to failure. For more information visit NanoSUN’s website.
WIKA: electronic pressure switch for hygienic applications
The PSD-4 electronic pressure switch is the universal solution for industrial automation tasks – also in hygienic applications and under harsh conditions.
Thanks to EHEDG and 3-A certification, the pressure switch is also suitable for industries with high hygienic requirements.
Due to an accuracy of < ±0.5% and minimal long-term drift, it permanently ensures an accurate representation of the process pressure for more than 100m load cycles. The pressure switch is available with a digital output signal as well as a switchable and scalable analogue output. In addition, it can also be easily monitored via the self-diagnostics.
Condition data and the diagnostic functions allow consistent monitoring. Pressure or temperature values that are above or below the specifications are displayed directly in the system. The data also allows conclusions to be drawn about changing process conditions. Additional information helps to check the loading.
The scalable analogue output enables the measuring range to be adapted at a ratio of 5:1. In addition, the output signal can be configured specifically for the application. Thus the PSD-4 can be used flexibly.
i For more information:
www.wika.co.uk
Social media round up
We want to use every opportunity to connect with our members, so please follow us on Twitter (@TheEICEnergy) and connect with us on LinkedIn –EIC (Energy Industries Council)
Below you’ll find a selection of some of the exciting EIC activities and useful industry information we’ve shared through our social media channels.
The EIC
@TheEICEnergy
Join the EIC this month in London for our Beyond Hydrogen event with our 2023 principal partner @MottMacDonald Register at bit.ly/3NlvKi0
The EIC @TheEICEnergy
As we celebrate our anniversary, we invited the EIC board of directors, members and the energy community to share their thoughts and reflections. Visit @TheEICEnergy
EIC (Energy Industries Council)
The Energy Exports Conference (#EEC23), held on June 6th and 7th at P&J Live in Aberdeen, was a resounding success! It concluded with an engaging session on wind power.
17 August Business Presentation
23 August Training
23
23 August Regional Showcase Hydrogen – Scotland’s Energy Transition Marcliffe Hotel and Spa, Aberdeen
23 August Management Course
23 August Business Presentation
North America EICDataStream Online
29 August Business Presentation
Digital Transformation with Petrofac Petrofac, Bridge Street, Aberdeen
29 August Business Presentation
CIS Market and Project Update Webinar
30 August Business Presentation
North America EICDataStream Online
5 September Overseas Exhibition
Offshore Europe 2023 P&J Live, Aberdeen
EIC guest editorial
After the COVID storm: a new logistics era
The COVID-19 crisis has forced the logistics industry to make quick and decisive changes. Now, as the world moves into the post-COVID era, it is high time to ask which of the solutions introduced during the crisis will remain in use. Logistics managers at international transport and logistics company AsstrA-Associated Traffic AG share their thoughts on ‘what clicked in logistics’.
On 5 May, the World Health Organization announced that it was ending the emergency it declared for COVID-19 more than three years ago. It is a good moment to reflect on how the transportation industry has changed in recent years. The uncertainty caused severe economic upheaval, erasing trillions from GDP, disrupting trade and shattering businesses. However, when we concentrate on logistics, some positive results have come out of the disruption. One is that the fundamental importance of the supply chain was recognised and prioritised, with the necessity of investments in technical capabilities – such as real-time visibility and resiliency – clearly understood.
“Also, COVID-19 forced supply chain participants to develop new agility to keep their businesses going. Many organisations, for example, started the process of building advanced analytics tools to perform dynamic SKU rationalisation instead of running one-time spreadsheets as had been previously popular. COVID restrictions created a shortage of transport capacity – supply dominated demand. As a consequence of all this, freight forwarders had to support customers with more creative solutions in such market shocks,” said Vladislav Lagun, CСO at AsstrA.
Significant change is possible thanks to technologies such as the Internet of Things (IoT) devices, or sensors that provide valuable data on where goods are in the supply chain and their condition. Such products might include frozen foods or medicines for which temperature monitoring may be critical. Cloud-based control tower platforms like AsstrA Suppliers’ Portal have also gained popularity as solutions for overseeing and exchanging information among suppliers and other supply chain participants.
The pandemic made some changes in our mind. Firstly we started to understand how important it is to be in touch with customers‚ secondly how important it is to minimise the human factor in the delivery process – that is why we started to offer multi-modal services based on rail delivery, and last but not least, we need not focus on one variant of delivering – we should go ahead with progress,” added Mark Risenbreg, Integrated Solutions Manager.
The sea transport market has faced lots of difficulties within the last three years: the increasing rates on transportation made it unfavourable to import goods from China; falling demand and COVID restrictions created problems with the stable production circle and trading.
The global ocean freight situation shows softening of freight demand continues to put downward pressure on ocean freight rates. Sea freight rates had risen significantly during the COVID-19 period‚ climbing to a 12-year high amid soaring global demand and supply chain delays. Thus‚ the maximum value of the Freightos Global Container Freight Index reached US$10-11 thousand for a 40-foot container in autumn 2021‚ having increased more than seven times from its level at the beginning of 2020. From climbing to historic highs during the global pandemic‚ ocean freight rates have fallen away since summer 2022. The index in May 2023 is down more than 80% over the last year. The Freightos Baltic Global Container Index now shows that the market is at the level of early 2020: the average value is US$1,400-1,500 for 40-foot containers,” underlined Elena Vysotskaya, Marketing Analyst at AsstrA.
COVID-19 accelerated pre-existing issues in the supply chain and brought the importance of visibility, resilience and digitisation to the fore. In the past, cost reduction could be achieved through lean operations, longer lead times and low-cost labour. Now, agility, visibility, automation and upskilled people will be the key to better decision-making and excellence across integrated supply chain workflows.
BOOKING NOW
EIC
THURSDAY 19 OCTOBER 2023
#NAD2023
Hosted by Dame Joanna Lumley
International trade Energy Exports Conference 2023
Back for it’s fifth year, we held the Energy Exports Conference at P&J Live in Aberdeen on 5-6 June. We made EEC23 a free to attend event which saw our numbers grow to over 2,000 registrations from over 1000 individual companies making this the largest in-person EEC to date.
Some of the highlights of the conference included Stuart Broadley’s interview with Wood CEO Ken Gilmartin, who provided an intimate insight into Wood’s future plans (video of this interview coming soon) along with the extremely popular Aramco global opportunities workshop which following the presentations provided the supply chain with the chance to interact with Aramco on a one-to-one basis. We were also joined by ADNOC, Bechtel, bp, Fluor, Equinor, Wärtsilä, Wood, Worley and Siemens Energy who provided their own global updates on their key projects for the supply chain.
As the event focuses on global exporting opportunities we were delighted to have speakers join us in Aberdeen from all over the world, including delegations from Kazakhstan and Nigeria along with those travelling from Brazil, America and Europe.
EEC in numbers
1,200+ attendance
100+ speakers
330+ one-to-one meetings held 45+ exhibitors
23+ panel sessions
8 contractor and operator updates
Camilla Tew, Director, International Trade camilla.tew@the-eic.comWe are proud of delivering this event alongside the organising committee for EEC which includes Aberdeen City Council, Decom Mission, Department for Business and Trade, Energy Transition Zone, North Sea Transition Authority, OEUK and UK Export Finance.
UK and Europe news
UK events update
Hello summer! What a fantastic start to the year. We are all still talking about our flagship North Sea event, the North Sea Decarbonisation Conference. It has certainly been a highlight so far. #NSDC2023 saw an audience of 250+ join us in London to hear from 35+ industry speakers throughout 12 sessions. EIC and our European organising partners Agoria, IRO and WFO would like to say a big thank you to our co-hosts, sponsors and exhibitors who joined; Mott MacDonald, Endress+Hauser, Siemens Energy, Bureau Veritas, Emerson, KBR, Mocean Energy, Proeon, TÜV SÜD, Vysus Group, Wood, Xodus, Blaze Manufacturing, Doqaru, Dräger, Flexitallic, LRQA, Risktec Solutions, Shawcity, SICK UK, Kent. Keep your eyes peeled for next year’s date, as we look forward to hosting #NSDC2024.
June saw the team heading to Aberdeen to support the Energy Exports Conference (EEC). This conference and exhibition brought together many of the world’s key decision makers and the energy supply chain in one event. EEC2023 highlighted actionable project opportunities in key global energy markets and discussed the industry’s demand for clean tech and net zero targets.
On Tuesday 13 June EIC members joined Rachel Cottiss, business lead and events manager for North East England, for a member only tour of Heysham power stations. This interactive session welcomed attendees on a guided tour of EDF’s unique Heysham sites, exploring the only location in the UK to have two operating nuclear power stations. If you would like to find out more about member only events and tours, please email eventsuk@the-eic.com
Hannah Watson, business lead and events manager in Scotland, has also been very busy hosting events and working with EIC’s key partners Mott MacDonald and Energy Transition Zone. There is still time to book to attend some of our events throughout the UK: Sustainable Scalable Solar Power, Hull, Beyond Hydrogen in London and Digital Transformation: Making the Difference, hosted by Petrofac in Aberdeen.
Jo Campbell, Regional Director, UK & Europe jo.campbell@the-eic.com
Middle East news
Regional update
Once again the first half of the year has flown by with what appears to be an increased level of activity with some further projects hoping to be announced across the region in the second half of the year.
Having delivered three Connect events (Oman, UAE and Baku) within the first half of the year the team here will be glad of the respite before we begin to plan our next event of this nature. A consistent theme across all three has been the level of opportunities on offer and a resurgence in the market after a few years of underinvestment. As the data is showing us there is an increase in all sectors, across all regions, certainly a reason for optimism in the industry.
With this in mind I am interested to hear from our members as to where they would like us to go next with our EIC Connect brand.
To top off a busy month our Energy Exports Conference held last month, once again illustrated the wealth of opportunities on offer across the globe. I was delighted to participate in the Saudi Aramco and ADNOC sessions, alongside the opportunities in Africa and Kazakhstan. Please reach out to me if you would like to find out more.
Our summer programme will continue with several EIC Roundtables scheduled across the region and our respective Africa and GCC Market Update webinars taking place to make sure that you are kept abreast of the current market trends and developments.
Our Survive & Thrive report will be published this month with a record number of companies participating, the report highlighting some key themes and some of the challenges that are still being faced within the industry. We will announce our regional award winners in Dubai on 14 September for what will no doubt prove to be another great event just before we embark on ADIPEC 2023.
Speaking of which, please note that ADIPEC will take place slightly earlier this year from 2-5 October 2023 due to COP28 taking place in the UAE in November. The UK pavilion is once again full and we are in the midst of planning our evening reception, panel sessions and contractor briefings that you have become accustomed to on the pavilion. Being a month earlier please expect this to be hotter than usual.
We hope that you have a great summer and those of you planning to travel enjoy the time off. We look forward to seeing you all again in the latter part of the year.
Ryan McPherson Regional Director, Middle East, Africa, Russia & CIS ryan.mcpherson@the-eic.comRegional news
ADNOC signs agreements with more than 60 companies to boost local manufacturing
ADNOC has signed agreements with more than 60 UAE and international companies to manufacture critical non-oil products in its supply chain in the Emirates as part of its localisation drive. The energy company also expects to meet its target to domestically manufacture US$19bn worth of products in its procurement pipeline by 2027, from a previous goal of 2030. The agreements, which were announced at the Make it in the Emirates forum in Abu Dhabi, have enabled Dh2.84bn to flow back into the UAE economy through industrial investments by suppliers in expanding or establishing new facilities. The agreements could also enable 21,500 jobs within the UAE by 2031.
Bahrain’s nogaholding rebrands as Bapco Energies in diversification push
Bahrain’s crown prince and prime minister, HRH Prince Salman bin Hamad Al Khalifa, introduced Bapco Energies as the new brand identity for the kingdom’s Oil and Gas Holding Co (nogaholding). Under the umbrella of Bapco Energies, the existing operating companies, such as Bahrain Petroleum Co (Bapco), Bahrain National Gas Co (Banagas), Bahrain National Gas Expansion Company (Tawseah), Bahrain Aviation Fueling Co (Bafco), Tatweer Petroleum and Bapco Retail Co (Tazweed), will undergo integration and rebranding over the next three years, resulting in the establishment of seven businesses. These businesses will include three new ventures focused on maximising enterprise value through trading and investing in new technologies and renewables.
Forthcoming events
Please go to page 28 to see upcoming events around the world
Asia Pacific news
Regional update
On 8-9 June 2023, EIC APAC hosted the APAC business lounge and the plenary session on clean energy solutions at the Sabah Oil & Gas Conference & Exhibition (SOGCE).
This brought together key players from Sabah’s energy industry to share insights, network and discuss future trends and opportunities. The two-day event featured a range of presentations, panel discussions and networking opportunities. Delegates had the chance to hear from industry experts and learn about the latest technologies and innovations in Sabah’s energy industry. Additionally, the event provided an avenue for delegates to connect with exhibitors from all over the region and explore the latest products and services on offer. We were happy to have seven member companies, including Torr Energy, TBSB, FASTools, Crescent Engineering, Alypz, Flovaco and TS Electrical Marketing, exhibit their products and services at our business lounge. A huge thank you to our sponsors Torr Energy, Honeywell, ABB and EXS Synergy.
In mid-June, EIC APAC also hosted the business lounge at the IEW Sarawak exhibition, a premier event that brought together experts, innovators and stakeholders from Sarawak’s energy industry to exchange knowledge and showcase cutting-edge technological advancements. We were thrilled to have six member companies, including Torr Energy, TNF Energy, Faazmiar Technology, TS Electrical Marketing, IPS Malaysia and Proficient Inspection Services, exhibit their products and services at our business lounge.
At the end of June we held the first Singapore Meet the Energy Players series which will be held monthly. This first event was sponsored by ARUP with attendees including EIC member companies in the region and key energy players in Singapore. This month EIC APAC will be hosting a Meet the Energy Players session in Indonesia in conjunction with Indonesia Petroleum Association Conference & Exhibition (IPA), as well as the second session of the Singapore Meet the Energy Players series.
In September, we are organising the EIC APAC Energy Conversations 2023 from 13-15 September at the Kuala Lumpur Convention Centre co-located with the 19th Asian Oil and Gas and Petrochemical Engineering (OGA). EIC APAC has been selected as the official conference organiser. This conference is aimed at promoting focused conversations to encourage higher participation of Asian oil and gas companies to participate more aggressively in the energy transition, to exchange and share the latest concepts and approaches by international, regional and local companies on the solutions available in order to collectively achieve targets in the Net Zero Carbon Emissions by 2030 and 2050, and to discuss solutions in the decarbonisation of oil and gas operations.
We are inviting experts from key local players such as PETRONAS, TNB, Sarawak Energy and Shell Malaysia, alongside regional national oil companies and others from Thailand, Indonesia, South Korea, India, Philippines, Taiwan and Vietnam; also included are international OEMs and MNCs such as Siemens, Wärtsilä, General Electric, Schneider and ABB. We are also hosting business matching activities and will organise plenty of networking opportunities to benefit all the delegates.
Azman Nasir Head of Asia Pacific azman.nasir@the-eic.comRegional news
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Petronas begins search for Bestari FPSO
Petronas has kicked off the tender process for a floating production, storage and offloading vessel for the stand alone development of its Bestari deep-water oilfield offshore Sabah, East Malaysia. The company has reportedly approached domestic and international floater specialists seeking budgetary quotes for a FPSO with a production capacity of at least 15,000 barrels per day for Bestari.
Vietnam approves US$135bn power plan
The Power Development Plan 8 (PDP8), which is part of the National Electricity Development Plan 2021-30, was approved in May 2023 by Prime Minister Pham Minh Chinh after two years of wrangling and revision. According to the industry ministry, which prepared the document, half of office buildings and homes in Vietnam will be powered by rooftop solar panels by 2030. The country will also aim to generate renewable energy for exports, with a target of 5-10GW by 2030.
North and Central America
Regional update
We had the pleasure of once again partnering with the Consulate of Canada in Houston for its second Regional Showcase: Opportunities in Canada. This allowed EIC members and non-members to learn about opportunities in Canada across the energy sector from the consulate of Canada in Houston and energy leaders during this half day event including networking and lunch. Our region had the pleasure of welcoming Delon Chan, Consul, Head of Office & Trade Commissioner, Consulate of Canada in Houston; Preshit Gawade, Executive Director – New Energies, Baker Hughes and Yilmaz Bingol, Senior Director, Business Development – Low Carbon Energy, Worley. We look forward to continuing our regional showcases and to welcoming the Consulate of Canada in Houston team again in 2024. To view EIC’s upcoming regional events visit www.the-eic.com/events or email adriana.romo@the-eic.com
We also attended several external events in May. The EIC’s very own Monique Aceves, senior business development manager, participated as a speaker at the 2023 Geothermal Transition Summit, North America. Towards the end of May I attended CleanPower Expo in New Orleans, Louisiana and participated in the Decarbonisation of Power: The UK Story panel along side Alana Russo, Director of Strategic Engagement, National Grid Ventures; Michael Lee, President, Octopus Energy USA; Ann Burton, VP, International BECCS Development, Drax; Simon Critten, SVP for Energy, Mott MacDonald and Matt Kirk, President, Technical Consulting, Wood Plc. Moderated by Richard Hyde, His Majesty’s Consul General In Texas, Arkansas, Louisiana, New Mexico and Oklahoma, this panel allowed UK companies across the industry to share their journey towards decarbonising the power sector.
Amanda DuhonVP & Regional Director, North & Central America amanda.duhon@the-eic.com
14 September 2023 • Houston CONNECT
Energy USA
Join the EIC as we host our flagship event, EIC Connect Energy USA, the go-to conference for the supply chain to engage, discuss and identify business opportunities in the US energy market. Covering oil and gas, offshore wind, LNG, renewables, biofuels, hydrogen, CCS and SMRs, the agenda will cover the entire energy spectrum under one roof. Taking place on Thursday 14 September 2023 at The Westin Memorial City in Houston, Texas. Booking and sponsorship information is now available. To book your place please visit www.the-eic.com/ Events/EICConnect/EnergyUSA. To learn more about the available sponsorship opportunities, please email luanna.souza@the-eic.com
Regional news
Chevron expands shale footprint
The oil major has agreed to acquire PDC Energy, an independent US operator active in the Permian and Denver-Julesberg (DJ) shale basins. PDC owns 275,000 net acres in the DJ basin in Colorado and 25,000 net acres in the Permian basin in Texas. The transaction is worth US$6.3bn, or US$7.6bn if debt is included. The deal represents a major expansion of Chevron’s footprint in Colorado, where the company is already one of the largest producers.
GE to invest US$50m in NY wind turbine plant
GE Vernova has announced plans to invest US$50m in a new production line of onshore wind turbines in New York. Located in Schenectady, the facility will assemble key components for the company’s 6.1MW turbines. The decision was motivated by the Inflation Reduction Act (IRA), which provides tax incentives to developers of renewable energy projects using equipment manufactured locally.
Forthcoming events
Please go to page 28
to see upcoming events around the world
South America news
Regional update
Join EIC Connect Brazil, cohosted by FGV Energia on 6 July in Rio. This inaugural edition promises to be the ultimate platform for the supply chain to come together, fostering dynamic engagement, insightful discussions and the identification of lucrative business opportunities within the vibrant Brazil energy market. Explore E&P, subsea, LNG, offshore wind, hydrogen, CCS and more. Speakers like SBM, Petrobras, Equinor, Neoenergia, EPE and Subsea7 have already confirmed their presence.
EIC Rio’s office commemorated its remarkable 80th anniversary on 26 May. The event featured presentations from our strategic partners Petrobras and Shell, followed by a delightful evening reception with cocktails. Attendees gained valuable insights and learned about future trends in Brazil’s industry.
Roberto Ardenghy, CEO of IBP (Brazilian Institute of Petroleum), addressed the ongoing debate surrounding exploratory activity in the Equatorial Margin/Amazon Basin. He posed a thought-provoking question: “What would Rio de Janeiro’s economy look like without oil and gas activity?”
Regional news
Uruguay signs MoU with Port of Rotterdam
The Uruguayan government has announced a memorandum of understanding (MoU) with the Port of Rotterdam for co-operation in the green hydrogen sector. Uruguay is one of the few South American countries with a national strategy for clean hydrogen, with a focus on developing only green hydrogen projects. The country aims to achieve a renewable energy capacity of 250GW, with plans to deploy 10GW of capacity to produce hydrogen. The largest port in Europe, Rotterdam has also sought partnerships with the Port of Pecém, a Brazilian hub for clean hydrogen projects.
Our senior analyst, Pietro Ferreira then provided an overview of current oil and gas opportunities researched by our skilled business intelligence team.
Petrobras took centre stage, along with contributions from Diogo Calegari and Josiane Kurzlop. They shared exciting plans and updates about the world’s largest deepwater field, the Búzios oil field. Our celebration’s master sponsor, EquipSea, announced Shell Brazil’s Vice President for Corporate Relations and Sustainability, Mr Flavio Ofugi Rodrigues. He presented Shell’s CAPEX of R$30bn between 2023 and 2027, aiming for 40% local content in exploratory projects and a 19% reduction in emissions in new projects.
In May, EIC welcomed MDC Energia and Braskem for a successful Breakfast in Rio event. MDC Energia showcased its activities in Brazil, including new projects that will increase biomethane capacity. Braskem discussed its industrial presence in Brazil and plans to double polyethylene production in Rio. Both companies highlighted business opportunities in the downstream market.
Clarisse Rocha, Director – Americas clarisse.rocha@the-eic.com
TotalEnergies signs offshore wind MoU with Rio authorities
The French oil major has signed a memorandum of understanding (MoU) with the state government of Rio de Janeiro aimed at further expanding collaboration in the offshore wind sector. The MoU is valid for two years and includes topics related to tax incentives and transmission grid expansion. TotalEnergies is the developer of the Sopros do Rio de Janeiro, a 3GW offshore wind project off the coast of Rio expected to feature 200 turbines.