The past year has been an incredibly turbulent period for the energy industry. Russia’s invasion of Ukraine alongside moves by OPEC+ to underpin higher oil prices have led to unprecedented interventions in energy policy and strategy by a swathe of countries. Energy transition sectors are set to benefit greatly from these expedited decisions. However, despite recent announcements, such as Energy Security Day and the Energy Bill, many within the UK industry have criticised the government’s lack of pace and strategy for particular industries, such as CCS, especially in comparison to the US and EU.
Energy Security Day held great promise for hydrogen and CCS but delivered underwhelming results. The primary announcement was the selection of the eight successful Track-1 projects, which will proceed to negotiations for business models – including three projects from the East Coast Cluster and five projects from HyNet. It was also confirmed that non-selected projects from Track-1 would still be eligible for future opportunities. However, these announcements drew criticism from industry due to the lack of any additional clarity or timelines. A lack of a forward plan for the UK industry discourages the supply chain and impairs its ability to prepare for projects.
The Energy Bill is currently working its way through government. This addresses and establishes a legislative framework for the economic regulation and licensing of CO2 transportation and storage through Ofgem and the North Sea Transition Authority (NSTA). This Bill will also enable the government to establish and administer financial assistance through business models for CCS and hydrogen projects and clusters. This framework is intended to attract private investment into UK industry by removing or lowering the financial barriers in place. In addition, an additional amendment provides Ofgem with a net zero mandate. This should ensure that future decision-making prioritises the facilitation of clean tech and renewables, such as the construction of critical infrastructure and grid expansion. Alongside government investment, the oil and gas industry is a key source of funding for CCS. The extension and expansion of the Energy Profits Levy in January, leading to an overall tax on profits of 75% until March 2028, is further discouraging investment into the region. Experience and investment from key operators and supply chain members will be critical for the deployment of CCS. All governments must ensure that the oil and gas industry is supported, such that its valuable contribution to the energy transition is not lost.
To contrast, in August 2022, President Biden released the Inflation Reduction Act (IRA).
For CCS, the expansion of tax credits under 45Q ensures more projects qualify for increased financial aid. Therefore, CCS is a more financially viable option for investors. In addition, tax credits are dependent on facilities meeting criteria, such as wage and apprenticeship requirements. This aims to address concerns surrounding skills shortages within the industry, as part of a wider goal of the creation of 550,000 jobs in the clean energy sector. More generally, the IRA also addressed manufacturing with the expansion and introduction of new tax credits.
In response, the EU released its Green Industrial Plan which included the Net-Zero Industry Act. Under this, the EU aims to reduce its reliance on imports for necessary technologies, which includes CCS technologies. The Bloc aims to scale up manufacturing by simplifying regulatory and administrative processes, addressing the skills gap through Net-Zero Industry Academies, accelerating access to funding, and further developing trade agreements.
Both of these announcements highlight deficiencies in the current UK energy policy supporting the supply chain. Both regions have addressed early-stage careers and training schemes, which will aid in alleviating pressures on the skills shortages being experienced in the industry. This issue is exacerbated by the high cost of training with long lead times. Hence, delaying support will only worsen the issue. Support for the manufacturing industry has also been incorporated into their policies. The UK has lost significant manufacturing capabilities over the past decades and the existing supply chain does not have the current capabilities nor capacity to meet its ambitious goal of capturing 20-30 Mtpa by 2030. Thus, policies and investment into expanding UK manufacturing, as well as outsourcing of procurement will all be required. Despite being one of the ‘first-movers’ in CCS and showing real innovation in its proposed delivery of projects, this pace has not been maintained. UK policies and financial commitments, both private and public, have been overtaken by other markets, such as the EU and US. If the supply chain cannot be provided with definite plans, funding policies and objectives, it will be disincentivised, for the UK, by the industry’s ambitions and fail to scale up to meet the requirements needed to deliver these projects. With other markets meeting these requirements, companies will simply offer their services elsewhere, resulting in the UK losing its own supply chain.
Further policies with credible and visible timelines for all projects, not just Track-1, must be delivered in a timely fashion. These include more precise dates or timelines for FIDs, business model negotiations, tendering and construction start-ups. Without these, the UK will be left behind.
Fleur Pomeroy, SupplyGap Lead fleur.pomeroy@the-eic.com
Half of the year has gone already, which means that the Energy Exports Conference (EEC) is just around the corner. EEC is coming back once again to P&J Live in Aberdeen from 6-7 June, welcoming over 800 companies, 40 exhibitors and 60 speakers. The themes discussed and market sectors covered will include oil and gas, hydrogen and carbon capture. An ideal place to identify global energy opportunities and meet key industry decision makers, don’t miss the opportunity to attend EEC 2023.
Other exciting news is the appointment of Andy Cuniah as the EIC’s new chairman. Andy, who is Bechtel’s supply chain manager, has taken the role shortly after the EIC was awarded the King’s Award for Enterprise: International Trade last month. Please join us in welcoming Andy, who will now work with all of us towards the EIC’s goal of helping members export, diversify and grow.
Getting into the content of this month’s issue of Inside Energy, we bring another packed edition – once again with the participation of member companies providing their testimonials as a celebration of our 80th anniversary this year. We had the pleasure of interviewing Al Yaseah, Arcadis, ASCO, Core Group Resources and Siemens Energy. Thank you.
The sector analysis has been written by Fleur Pomeroy, supplygap lead at the EIC, who asks whether or not the UK is being left behind when it comes to its current carbon capture policies. According to her, the US and the EU are leading the market while the UK hasn’t maintained the initial pace in the development of carbon capture projects.
In members’ services, Euro Mechanical discloses its efforts to diversify from the oil segment. New staff members have been introduced, Danjid Majeed and Iain Lawrence, who join the company with the goal of not only strengthening offerings in the global market but creating new jobs, skills and technology.
In spotlight on technology, Magnetrol presents a new addition to its leading radar technology portfolio – the Pulsar Model R80, an 80GHz radar transmitter for the industrial market. One of the product’s benefits is how it is minimally affected by turbulence, foam or excessive vapours as often happens with ultrasonic transmitters and radar tools.
Beyond that, read about the usual office updates and regional market reports from our teams based in Europe, the Americas, Asia Pacific and the MENA region. Of course, projects and business news from our members worldwide are also included.
Léliam de Castro Head of Marketing and Communications leliam.castro@the-eic.com
How has the EIC helped you through the years? Any interesting stories to tell?
When Al Yaseah became the first non-UK member to join the EIC, we saw it as a great opportunity to gain access to a range of benefits for both myself and my staff. As an EIC member, we have been able to take advantage of networking events, industry insights, business development support and international trade assistance, which have helped us to expand our networks, gain access to new markets, and stay up-todate with the latest industry trends and innovations.
In addition, being an EIC member in the UAE has given us access to other EIC members, which has led to the formation of partnerships, joint ventures and representations in the UAE. To date, we have established close to 15 alliances with other EIC members who are interested in working in the UAE. These partnerships have allowed us to collaborate with other companies in the energy sector, which has helped us to grow and diversify our business offerings. Overall, our experience as an EIC member has been very positive, and we look forward to continuing our membership in the years to come.
What are the synergies between Al Yaseah and the EIC?
Being an EIC member has been incredibly beneficial for our company, as we have received significant support over the years. Through the EIC we have had access to a platform that has allowed us to network with other businesses and industries, providing us with valuable connections and opportunities for collaboration. We have also been able to access a range of resources such as market research and business insights, which have helped us to make informed decisions and stay ahead of the curve in the energy sector. In addition to these benefits, the EIC has acted as a representative voice for our company, advocating for our interests and addressing challenges we face.
This has been critical in influencing policies and regulations that benefit our industry and creating a more favourable business environment. We are proud to be a member of the EIC and appreciate the support it has provided us over the years. Its ongoing commitment to supporting businesses in the energy sector is a testament to its dedication to creating a strong, thriving industry for all.
Where would you like to see Al Yaseah and the EIC in the next 80 years?
Our company is highly interested in exploring opportunities to collaborate with the EIC on joint events that can help us expand our reach and achieve our business goals. Collaborating with the EIC offers a range of benefits, such as improved international exposure, access to key decisionmakers within the industry, and opportunities to share knowledge and resources. We believe that by working together, we can leverage our respective strengths to develop innovative solutions and drive business growth.
About Al YaseahAl Yaseah Gas & Oil Industry Supplies and Services (OGISS) has been an established company since 1981, providing specialised industrial supply chain services to the energy markets. With decades of experience in the industry, it has grown from being an agent to representing around 40 principals and continuously expanding. The company is based in Abu Dhabi, the hub of the UAE onshore and offshore industries, giving it direct access to a big industrial market. Al Yaseah offers product categories such as mechanical flow control, process and combustion, instrumentation and control, laboratory equipment, drilling equipment, material outsourcing, upstream and downstream. Al Yaseah is an approved service provider for the following categories: consultancy/engineering services, plants operation and maintenance works, drilling support services, administration and general, engineering/ construction works (major projects), HSE/QA and training.
How has the EIC helped you through the years? Any interesting stories to tell?
Our relationship with the EIC extends over two decades, founded on access to data, markets and end clients. The EIC is the first place we look when embarking on a new sector or service with the wealth of insight provided by the EIC and its vast array of knowledge. We have visited multiple countries, energy clients’ assets and stakeholder events to validate our strategy and direction. We see value in having asset, country and sector experts keeping abreast of the fast moving energy industry.
What are the synergies between your company and the EIC?
Our focus is to improve quality of life in our built and natural environment. The EIC provides a sustainable platform that gives us the room to grow and develop. An above reproach organisation with a reputation that aligns with our values. So, our synergies are aligned values, a global outlook and working towards a sustainable energy sector. The energy industry is a family that needs to operate collaboratively. The EIC plays a critical role in integrating the energy transition with a diverse and complex supply chain.
Where would you like to see Arcadis and the EIC in the next 80 years?
As we collectively support a measured energy transition, I see Arcadis and the EIC leading the charge to ensure all players benefit from a move towards a more sustainable future. I see this 80-year window as a perfect timeframe to achieve net zero carbon and to provide a sustainable energy infrastructure that is globally connected. I see investment looking at the whole life cycle rather than short term investment windows. The EIC and Arcadis can help deliver a sustainable future.
About Arcadis
Founded in 1888, Arcadis is a leading global design and engineering consulting firm focussed on improving quality of life and delivering sustainability in the built and natural environment. Its extensive portfolio of solutions includes infrastructure development, energy transition, climate resilience, water optimisation, sustainable operations and enviro social permitting. Arcadis operates in 70 countries with over 35,000 people delivering positive outcomes for clients and partners. A multiple award-winning organisation that has its clients at the centre of everything it does.
How has the EIC helped you through the years?
Any interesting stories to tell?
I started at ASCO in 2019 as the group marketing manager; at that time, I had 15+ years of experience in various industries, including agriculture, higher education and water treatment, but none in the energy industry. EIC’s range of resources helped me quickly gain insights into the sector and understand its market structure and value chain. Through the EIC reports, EICDataStream and outlook reports, I got a better grasp of industry trends and challenges, which helped me to position our company and articulate our value proposition.
The EIC team is very helpful and prompt in supporting any enquiries, and we have regular catch-ups with our EIC account manager. He recently performed training sessions for our BD team across our global locations to ensure that we make the most of EIC resources, from data collection to networking events.
What are the synergies between ASCO and the EIC?
Leveraging our successful operating model and logistics and materials experience in the UK, ASCO has had a strong focus on exporting its services and capabilities over the past 25 years. We successfully established new bases in Canada, Australia, Norway, Trinidad and Tobago and more recently in Suriname and Senegal. Although we have not yet used EIC’s Consult capability, I think it’s a great resource to support clients with quality market intelligence to help them penetrate targeted new locations quicker.
The EIC provides insight from the entire energy market, including wind, alternative fuels and CCUs globally, which supports our diversification strategy.
Finally, EIC organises and hosts pavilions at various global events across the energy markets, providing a beneficial resource to network throughout the value chain, including with government representatives, government bodies and trade organisations.
Where would you like to see ASCO and the EIC in the next 80 years?
EIC has provided insight into all energy markets for the past 80 years, and with the energy transition gaining momentum, there is a fantastic opportunity to demonstrate that we can collate all the required market intelligence through one single organisation. I would like to see ASCO strengthen its presence in the energy sector as the energy mix continues to evolve and for the EIC to remain one of the leading global market intelligence companies.
About ASCO
ASCO is a leading logistics and materials management company for the global energy industry. Headquartered in Aberdeen, Scotland, ASCO operates from over 60 locations worldwide and employs around 1,500 people.
ASCO’s safe, lean, efficient and sustainable end-to-end solutions include logistics projects, transport and freight, supply base management, warehousing and storage, materials management, fuel and bulk provision, marine services, training, lifting and assurance, personnel and environmental services.
ASCO’s innovative processes and systems ensure that it is at the forefront of driving supply chain efficiency, providing sustainable operations and full transparency of the entire logistics process, from vendors to end users.
Why did you become an EIC member? How has your experience been so far?
Joining the EIC has greatly benefited Core Group Resources (CGR) in numerous ways. We have gained a valuable network of industry professionals, formed partnerships and expanded our client base. In addition, our President, Matt May, joined the Advisory Board, giving us further networking opportunities and deeper insight into EIC’s market intelligence. With Matt’s knowledge, he is a great asset to the EIC as he provides strategic advice and support.
What are the synergies between Core Group Resources and the EIC?
The synergies between the EIC and Core Group Resources lie in the EIC’s network, which provides us with a targeted pool of industry professionals. Additionally, CGR’s expertise in talent acquisition and placement can support the EIC’s members by helping them find qualified candidates within the energy industry.
Where would you like to see Core Group Resources and the EIC in the next 80 years?
Over the next 80 years, CGR and the EIC can benefit from the sustainable energy transition and technological advancements, allowing us to play a pivotal role in talent acquisition and stay at the forefront of emerging technologies through collaboration and partnerships.
Core Group Resources is a specialised recruitment and staffing firm that focuses on providing expert personnel solutions with a proven track record of matching clients with employees who are qualified and passionate about their work. CGR specialises in building successful teams of dedicated people that drive business forward. It offers a comprehensive range of services, including executive search, business advisory and consulting, contracting, outplacement and psychographic personality testing designed to help clients recruit and retain the best talent.
How has the EIC helped you through the years? Any interesting stories to tell?
I have been part of the EIC for about two years. My role as Head of Compression Sales, Americas, for Siemens Energy is to understand trends within the industry –for example, the speed of the energy transition and long-term energy mix changes that could impact our portfolio and social trends like the European energy crisis or lingering market effects from COVID-19. By bringing experts together from different areas, the EIC is instrumental in helping tackle the energy challenges in front of us. In addition, regular exchanges with the council help with some of our decisions. For example, the last EIC regional North and Central America advisory board addressed the issue of energy security presented by one of the major independent oil companies and its global implications, particularly on LNG supply and demand.
What are the synergies between Siemens Energy and the EIC?
There are several shared views between the EIC and Siemens Energy. Perhaps most important is the realisation that the energy market constitutes several applications, including coal, gas, oil, CO2, hydrogen, LNG etc. Understanding the complexity of these markets, how they complement – and interfere – with one another, and the speed they evolve is a constant exercise in education. We are seeing growth triggered by increasing demand for eLNG, hydrogen, ammonia, and CO2 capture and the investment in required production, liquefaction, transportation and storage infrastructure. Who would have said two years ago that nuclear power could come back in some parts of the world or that LNG would be booming in North America? Having a partner like EIC to support our understanding of these changes helps drive our portfolio.
Where would you like to see Siemens Energy and the EIC in the next 80 years?
Energy is the base of population growth and humanity’s well-being. The energy mix will evolve towards a carbonfree economy; however, a carbon-free economy may not automatically mean a fossil-free economy or 100% use of renewable energy even in 80 years.
The compression business will continue to focus on cost efficiency and synergies from integrating new units and services and further technological development of future compression solutions to meet the current and future energy mix. The companies who survive, or better yet, prosper, will implement these technologies for each energy market. I would like to see Siemens Energy play a critical role in helping society reduce emissions by bringing innovative technologies to market in an affordable, dependable and sustainable way.
Siemens Energy
Siemens Energy is one of the world’s leading energy technology companies that works with its customers and partners on energy systems for the future, supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers.
A majority stake in the wind power subsidiary Siemens Gamesa Renewable Energy makes Siemens Energy a global market leader for renewable energies.
Operator: Venice Energy
Value: US$181m
Venice Energy is planning to take final investment decision (FID) for the project in August 2023. The company is aiming to commence construction works in October 2023 which are expected to take up to 12 months and completion of the project is targeted to be in Q4 2024.
Operator: Equinor
Value: US$9bn
Equinor has reached FID on the project. The US$9bn investment will feature a new FPSO, with commercial production expected in 2028. Modec has confirmed a contract award for the BM-C-33 FPSO.
Operator: KDEB Waste Management
Value: US$1.01bn
KDEBWM highlighted that the WTE plant is the first phase of the Selangor Green Energy Ecopark Project (SGEEP). The SGEEP will be built on 245 acres of land and has the capacity to process 2,400 tonnes of waste per day.
Operator: Masdar
Value: US$200m
Masdar and Engie with Fertiglobe, are to co-develop a globally costcompetitive green hydrogen facility in the UAE. This will have a capacity of as much as 200MW, to support the production of green ammonia. The facility is targeted to be operational in 2025.
Operator: Velocys
Value: US$500m
Velocys has completed the work necessary to claim the first tranche (£7m) of the grant up to 31 March 2023. Following the completion of FEED and a successful final investment decision, construction will commence in 2025 with full commercial operation expected in 2028.
Operator: Equinor
Value: US$3bn
Sembcorp Marine Offshore Platforms, a subsidiary of Seatrium, has been awarded a turnkey EPC, offshore hookup and commissioning contract which is worth more than US$377.2m for the offshore substations (OSS) of the Empire Wind 1 and 2 projects, after having completed the FEED work.
For more information on these and the 12,500 other current and future projects we are tracking please visit EICDataStream
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.
Euro Mechanical is excited to introduce its new team members that will help Euro Mechanical support existing clients and move beyond oil. The long term strategy to introduce a complete valve management business unit and an engineering team demonstrates Euro Mechanical’s commitment to the continual growth of the company, economy and the people in the region. The new business units will not only strengthen offerings in the global market but create new jobs, skills and technology.
Tell me about yourself?
Name: Danjid Majeed.
I am a Chartered Engineer (CEng MIMechE- UK) with 17 years’ experience in engineering, project management and business development. My expertise revolves around delivering engineered solutions for process package.
Tell me about yourself?
Name: Iain Lawrence.
I am an Incorporated Engineer and a Fellow with the ImechE, with 19 years’ experience in engineering, project management and business development. My expertise is in valve engineering and repair services.
What makes you unique?
I have gained extensive expertise in managing the complete asset cycle of various products and packages in the oil and gas industry.
Why Euro Mechanical?
Euro Mechanical is an organisation that aligns with my personal values in a compassionate and ethical work environment. Moreover, Euro Mechanical’s continuous focus on introducing new services and products demonstrates its commitment to innovation and growth, making it an ideal fit for me.
What are your goals for the future?
My future objective is to develop the engineering team, with a focus on exploring and expanding Euro Mechanical’s offering in the alternative energy sector. I am committed to achieving this objective through continuous improvement and promoting a culture of learning and development within the organisation.
What makes you unique?
I completed a 6-year apprenticeship and my Bachelor’s degree, therefore I have extensive experience through the entire valve repair process. I have been fortunate enough to work on various sectors including oil and gas in Iraq, and the marine sector in the UK.
Why Euro Mechanical?
Euro Mechanical is an Emirati owned company that is extremely proud of giving back to Abu Dhabi. This is something that resonates with me immensely. If you work in a community, you should give back to the community. The team at Euro Mechanical is passionate about what it does, and I am extremely excited to work with them all.
What are your goals for the future?
To make Euro Mechanical the leading service provider in the UAE. I would also like to introduce the training and development that we can offer to local Emiratis through worldwide recognised training programmes.
Building on the company’s leading radar technology portfolio, Magnetrol now offers an 80GHz radar transmitter for the industrial market, the new Pulsar Model R80.
FMCW technology and an 80GHz operating frequency allows for superior performance, smaller antennas, better accuracy and enhanced resolution. Additionally, Magnetrol’s configuration wizards and proactive diagnostics make commissioning and troubleshooting easier than ever.
As is typical with Magnetrol loop-powered devices, the transmitter head (housing the electronics) may be separated from the antenna without disrupting the process seal.
As for applications, the Model R80 is minimally affected by turbulence, foam or excessive vapours as is often the case with ultrasonic transmitters and some radar products. The smaller antennas and narrower beam angles allow it to be installed into vessels with smaller process connections and those with internal obstructions that must be avoided.
Here are some highlights of the new Model R80:
• 80GHz signal with beam angles as narrow as 4 degrees
• Process connections down to ¾ inch NPT
• Measuring range of 30 metres (100 feet)
• Software wizards to walk a new user through the commissioning process
• Proactive diagnostics to not only advise what the problem is but also offers troubleshooting tips
• Replaceable transmitter head without breaking the process seal (ie pressure boundary)
• SIL 2 compliant with 92.3% SFF
• Global hazardous location approvals
• FCC, ETSI and ISED communications approvals for use on both indoor and outdoor vessels
For more information on the Pulsar Model R80 and the rest of Magnetrol’s award-winning radar products, visit radar.magnetrol.com
A-7-3 Lobi
A Pusat Korporat Melawati
Lot2492, Jalan Bandar Melawati
Taman Melawati 53100
Kuala Lumpur
Contact Hazry Hassan, Business Development Director
Telephone +603 4161 1106
Email hazry@aeaengeneering.com.my
Web www.aeaengineering.com.my
AEA Engineering is proud to have established itself as a reputable player in the Malaysian oil and gas industry since 2013. Its focus on delivering quality products and services to the oil and gas and petrochemical sectors in Malaysia has been consistent. As a wholly owned Bumiputera company registered with the Ministry of Finance, it is committed to delivering excellence in everything it does.
Through its strong partnerships with reputable and established manufacturers in the industries it serves, the company has consistently innovated and expanded its offerings and solutions to meet the evolving needs and expectations of its clients. Its dedication to HSE, quality and precise delivery, combined with competitive pricing elements, has been the key driver of its success.
AEA Engineering is confident in its ability to deliver world-class solutions to the oil and gas industry, and it works tirelessly to earn customers’ trust and confidence. With its focus on excellence, it is committed to being the leading solution provider in the oil and gas industry, not just in Malaysia but worldwide.
Scope of business: instrumentation (valves), safety gears, gasket and rotating equipment services.
Ansell
111 Wood Avenue Suite 210
Iselin, NJ 08830 US
Contact
Christina Beahm, Senior DirectorProduct Marketing/Energy Vertical
Telephone +1 732 345 5400
Email christina.beahm@ansell.com
Web www.ansell.com/gb/en
For 125 years, Ansell has delivered the most advanced protective solutions to millions of people at work and at home, keeping them out of harm’s way.
CSUB AS
Skytebanen 14 4841
Arendal Norway
Contact Mathias Berg, VP Market & Technology
Telephone +47 370 11 123
Email mbe@csub.com
Web www.csub.com
CSUB AS specialises in making complex load-carrying composite structures in glass fibre reinforced polyester (GRP) by a closed and cost-efficient process that secures predictable and repeatable quality. The company’s two fabrication sites all have direct access to a quay and its products can be shipped around the world.
Av. Embaixador Abelardo Bueno, 01 Bloco 01, sala 218F
22.775-022
Rio de Janeiro
Contact Yuri Torreão, Sales Manager – Energy Industry
Telephone +55 21 3596 2738
Email yuri.torreao@dmslog.com
Web www.dmslog.com
Founded in Miami in 1987, DMS now has a strong presence throughout the continents with over 35 years of experience in the freight forwarding business.
It is able to provide global transportation, warehousing, outsourcing and several other supply chain solutions for its customers supported by a strong technology approach and a specialised staff. The more complex, the better for us.
No 2, Lorong Titiwangsa 5 Off Jalan Pahang 53200 Kuala Lumpur Malaysia
Contact Lee Warner, Chief Executive Officer
Telephone +603 4027 6600
Email lee@hlap.com.my
Web www.hlap.com.my
One of Asia’s leading reinsurance broking companies with access to all major global markets and having an experienced team providing broking, risk management and consultancy services to individuals, enterprises and large multinational corporations. Its experienced team has contributed significantly to its customers by minimising their total cost of risk and insurance, while protecting their assets, people, profitability and the integrity of their brand.
HLAP operates across the reinsurance markets in Asia and internationally to provide energy customers with substantial or complex insurance and risk management services. Such continuity and personal service has enabled major accounts to be retained long-term. The company provides construction and operational phase programme solutions for clients for all classes of insurance.
Claymore Avenue
Aberdeen Energy Park Bridge of Don Aberdeen AB23 8GW
Contact Gemma Neal, Head of Marketing and Communications
Telephone +44 (0)1224 822 822
Email gemma.neal@icr-world.com
Web www.icr-world.com
Headquartered in Aberdeen, ICR operates in global locations with operational bases in the UK, Norway, Abu Dhabi, US and Australia as well as partners in more than 25 countries worldwide. The company provides specialist maintenance, integrity and inspection solutions across several industry sectors, including energy, renewables and oil and gas.
Kim Heng Marine & Oilfield Pte Ltd
48 Penjuru Road
609152
Singapore
Contact
Justin Anderson Tan, COO – Offshore & Marine
Telephone +65 6777 9990
Email justin.tan@kimheng.com.sg
Web www.kimheng.com.sg
With over 50 years of experience, Kim Heng Limited (Kim Heng) and its subsidiaries (collectively, the Group) is an offshore marine service contractor which specialises in engineering, procurement, construction and installation support.
With a very strong resource base, Kim Heng is able to tap from a wealth of expertise throughout the organisation and has developed a range of capabilities in the offshore renewable, marine, oil and gas industries.
The company’s fully integrated comprehensive solutions include marine transportation and towage, mooring installation of floating production storage and offloading, subsea marine cable installation, drilling supports, horizontal directional drilling, vessel/ rig maintenance and refurbishment, fabrication and newbuilding.
Koso Parcol S.r.l.
Via Isonzo, 2 20039 Canegrate (Milan)
Italy
Contact Dario Torluccio, Senior Sales Engineering Manager
Telephone +39 0331 413111
Email dario.torluccio@parcol.com
Web www.parcol.com
Koso Parcol is a leading industrial company in Italy for the production of control valves, belonging to the Japanese global group Nihon Koso Co Ltd.
Using a technology developed in over 60 years of experience, Koso Parcol offers a complete range of valves for industrial processes (power plants, chemical and petrochemical plants), bypass systems for steam turbines (with both pneumatic and hydraulic actuators), control valves for gas turbines, etc.
The consolidated experience in the sector and the constant commitment of its technical staff to work with the customer to find the best solutions for the most critical applications, has led Koso Parcol to be appreciated for low noise valves, anticavitation and other severe service applications.
Rollstud Middle East Inc
Jebel Ali Free Zone PO Box 18348
Dubai
United Arab Emirates
Contact Alan Bruce, General Manager
Telephone +971 4806 5200
Email alan@rollstud.com
Web www.rollstud.com
Rollstud Middle East manufactures high-quality bolting in carbon steel, stainless steel, duplex, super duplex and Incoloy grades.
Rollstud Middle East is approved by ISO 9001, 45001 and 18001 Standards. Rollstud Middle East is certified API20E and API20F levels for bolting.
The company provides projects for the supply of bolting materials to the offshore, onshore, subsea, oil and gas, petrochemical, refineries, water desalination, renewables and hydrogen markets.
Unit 8, Walker Park Industrial Estate
Blackburn
Lancashire
BB1 2QE
Contact Tom Clark, Group Business Development Manager
Telephone +44 (0)1204 368 600
Email tclark@steel-dynamics.co.uk
Web www.steel-dynamics.co.uk
Steel Dynamics Ltd, one of the UK’s largest independent processers of SS, stockholding 15,000T of material including, SS, aluminium, brass, copper, bronze in sheet, plate, bar and section.
Processing includes the UK’s largest water jet at 14mx4mx200mm, 12kw fibre-laser cutting to 8mx2.5mx30mm, CNC-machining to 4mx2mx1m and press-brake to 4mx320T.
The company’s supply chain management system Total Service Concept-TSC is providing improved material sustainability and product time to market, removing cost, waste, inefficiencies and risk.
TSC delivers best value, best practice and lowest total acquisition cost per programme without compromise to final product integrity.
AIMS has announced that its Environmental Division has achieved a 5-star rating safety award from Qatar Energy. The award recognises AIMS’ exceptional performance in delivering the AQMS service contract with an exceptionally high standard of contract delivery.
The award was presented at the Qatar Energy 7-Star safety awards ceremony. AIMS Qatar team was delighted to receive the award, which is a testament to its dedication and professionalism.
AIMS had already exceeded Qatar Energy’s expectations, delivering a much higher standard of safety and service. This achievement is a result of AIMS’ commitment to delivering high-quality services, utilising state-of-the-art technology and equipment, and employing a team of experienced professionals.
As a company, AIMS is committed to delivering excellence across all of its services, including process and analytical services, environmental services and engineering and integration services. With over 15 years of experience in the industry, AIMS has established a reputation for providing cost-effective solutions that meet the unique needs of its clients.
AIMS’ success is attributed to its dedicated team of professionals, who are passionate about delivering the highest quality services to its clients. The company’s mission is to provide innovative and sustainable solutions that exceed its clients’ expectations, and this award from Qatar Energy is a testament to the success of that mission.
Alpha 3 Manufacturing has launched its new logo and branding. This reflects its evolution into a unified business, focused on providing electronic manufacturing and supply chain services to leading OEMs in markets that include aerospace and defence, medical, transportation and industrial.
Ongoing investment into the business, building on over 130 years of engineering expertise and market knowledge, positions Alpha 3 Manufacturing as the partner of choice for the manufacture and supply of mission-critical interconnection, electronic assemblies and electronic components. To reflect this exciting stage in the company’s development it has updated its logo and branding, introducing a rejuvenated colour palette and a modern slimline design.
The new branding reflects the company’s commitment to ongoing investment and innovation, enabling it to better meet the evolving needs of its customers in the dynamic industries that it serves.
If you have an upcoming project you would like to discuss, please phone +44 (0)1724 273 206, or email sales@alpha3manufacturing.com
For more information: www.alpha3manufacturing.com
We have always been well known for our extensive portfolio of products and services. Now, we are pleased to offer end-to-end supply chain solutions, from design support to end-of-life management, ensuring our customers remain competitive by reducing their costs and time-to-market.
Tim Roberts, Managing Director, Alpha 3 Manufacturing
Amarinth, a world-leading, net-zero designer and manufacturer of low lifecycle cost centrifugal pumps and associated equipment, primarily for the offshore and onshore oil and gas industries, nuclear and renewable energy generation, defence, desalination, process and industrial markets, has won an order from ADNOC for API 685 OH2 and VS4 magnetic drive pumps that will be used on the Ruwais NGL trains, United Arab Emirates.
The ADNOC Ruwais refinery, located in Al Ruwais, 240km west of Abu Dhabi city, is one of the largest refineries of petrochemicals in the world with a capacity of more than 800,000 barrels-per-day. The magnetic drive pumps were required on an aggressive 28-week delivery with urgent site installation for an upgrade project to the ADIP tanks for the Ruwais natural gas liquid (NGL) trains 1 and 2.
Amarinth has successfully delivered hundreds of bespoke pumps on short lead times to ADNOC over the last 15 years and so when these magnetic drive pumps for the NGL trains at
the Ruwais refinery were required, ADNOC had no hesitation in placing the order with Amarinth. This order called for two API 685 2nd edition OH2 horizontal and three VS4 vertical magnetic drive pumps, some of which will be operational while others remain as standby units.
Magnetic drive pumps are often used where leakage of the pumped fluid poses a great risk, such as with aggressive or toxic liquids. In a magnetic drive pump, a hermetically sealed housing contains any process fluid in a closed system and the power transmission occurs contact-free through magnets from the drive shaft to the process wetted output shaft, negating the need for any seal support system. Amarinth will incorporate bespoke instrumentation on the API 685 OH1 and VS4 pumps, including temperature alarms and vibration monitors within the magnetic drive containment shell. For more information visit Amarinth’s website.
For more information: www.amarinth.com
Spot rate indexes vary, but overall they indicate that the US container shipping market is trending down again.
Developed countries continue to struggle with the effects of galloping inflation and recession, which make the outlook worse in Asia. Demand for containers continues to decline and volumes are returning to pre-COVID levels.
Ocean transport profitability reached historically high levels during 2022, primarily driven by exceptionally high average freight rates. The operational and supply chain disruptions that impacted the market for most of 2021 gradually abated during 2022, as congestion and COVID-related restrictions eased. Accordingly, schedule reliability also improved during the second half of the year.
In 2023, demand for consumer goods is expected to slow. Geopolitical uncertainty will remain high, with some long-standing trade relationships expected to be reconfigured.
The result will be the beginning of a fundamental reset of supply chains in which they are increasingly shaped by political choices. Global demand for containers is expected to decline in 2023. The global ocean container market is expected to grow little if at all, at a rate of between -2.5% to +0.5%. For more information visit AsstrA’s website.
For more information: https://asstra.com/
While the pressurised air supplied through a standard compressor is more than sufficient for many industrial processes, certain applications require pressure levels to be taken up a notch (or 10). In these instances, adding a high-pressure booster is the ideal solution – and carries with it an abundance of efficiency, safety and productivity benefits.
As the name suggests, a booster ‘boosts’ or increases the pressure levels of a primary feed air compressor. Never a stand-alone product, it works in tandem with the primary unit by taking the air and passing it through additional compression stages, creating up to 10 times more pressure. Atlas Copco, a market-leader in compressed air solutions, offers boosters that can increase pressure from a standard unit to anywhere between 69 and 345 bar.
There are air, nitrogen and gas treatment booster solutions for all high-pressure applications, which are ready to be integrated into a wide range of industrial processes. Designed to suit the most demanding of operations, they are particularly useful for deep geothermal, exploration and water well drilling, and pipeline testing. All Atlas Copco models are standard equipped with a lifting eye and forklift slots and weigh as low as 6,500lbs, meaning they can be transported to even the most remote offshore projects with ease.
Using a booster that offers versatility is also key to avoiding wasted energy.
Atlas Copco’s Xc4004 Smart air controller, for instance, enables users to easily define the booster’s output pressure with a touch of the button. In a high-pressure drilling application, the drill speed can efficiently be increased, reducing the cost-permetre drilled, thereby improving overall profitability. The modular design of the company’s dual stage boosters also allows the user to change from dual to single stage, giving more control of the utilisation rate of their investment.
The ease and speed of a booster’s maintenance and servicing is impacted by the quality of its components, the tools needed, and the accessibility of maintenance-prone components (such as the pumper block or the drain points). Atlas Copco boosters can be maintained by one service technician within four hours, as the standard components are easily accessible and do not require a crane or special tools.
Boosters should also include all necessary safety mechanisms – both visual and auditory – that adhere to legislative requirements. Atlas Copco’s state-of-the-art Xc4004 controller continuously monitors all vital parameters of the booster, and in case of pending failure, will protect the user’s investment by automatically shutting the unit down to avoid damaging core components. The technology even indicates when preventive maintenance is required, maximising uptime.
These high-pressure, ingenious machines are ultimately much more than just a booster. And with a broad range of both standard and custom-designed models available on the market, any demanding application can reap the benefits of integrating boosters into their compressed air packages, no matter how unique or tough the conditions.
For more information: www.atlascopco.com
The independent energy expert and assurance provider DNV has acted as the advisor for the commissioning of the energy storage system (ESS) developed by Sembcorp Industries on Singapore’s Jurong Island.
DNV ensured the completeness and proper execution of mandatory Site Execution Test (SAT) activities, an important milestone on the way to launch the 285MWh storage system into commercial operation, marking the completion of the plant qualification process.
DNV’s role in the ESS project covered witnessing the mandated tests, processing the raw data, and approving the final commissioning reports from two different original equipment manufacturers, Huawei and Envision.
The project went online as planned in December 2022, as scheduled by Sembcorp. Commissioning the project took only six months compared to the industry average of 15 to 18 months for similar capacity installations. In 2019, Singapore’s Energy Market Authority (EMA) set a deployment target of at least 200MWh of energy storage system capacity beyond 2025, to complement Singapore’s efforts in maximising solar adoption.
Sembcorp’s energy storage system – with a maximum capacity of 285MWh connected to the grid – marks the achievement of Singapore’s energy storage target ahead of time. The fast response nature of ESS is essential in mitigating solar intermittency caused by changing weather conditions in Singapore’s tropical climate. It will also enhance Singapore’s power grid stability and resilience by managing mismatches between electricity demand and supply.
For more information: www.dnv.com
Gateway Group is a leading corporate service provider that offers a range of business support services tailored for the Abu Dhabi market. With over 30 years of experience in the region, Gateway Group offers on the ground support to businesses in Abu Dhabi, ranging from company formation and visa services to accounting and backoffice management.
As Abu Dhabi continues to be a key business hub in the Middle East, Gateway Group aims to provide businesses with the necessary tools and expertise to succeed in this dynamic market. With a deep understanding of local regulations, business practices and cultural nuances, Gateway Group is well-positioned to assist businesses of all sizes and industries in navigating the local business landscape.
One of the core services offered by Gateway Group is company formation, which includes guidance on business structure, regulatory requirements and licensing. Whether it’s establishing a mainland company, free zone company, or offshore company, Gateway Group’s team of experienced professionals can provide end-to-end support, from initial consultation to final business setup, ensuring a smooth and efficient process.
In addition to company formation, Gateway Group also offers a comprehensive suite of PRO services, including visa processing, document attestation and government liaison. This allows businesses to focus on their core operations while leaving the administrative and regulatory tasks to Gateway Group’s team of experts.
We would like to offer our services to all EIC members that are looking to expand into the Abu Dhabi market. With extensive experience working with energy sector clients, we provide confidence with ADNOC registration and CICPA registration support and experience.
Nathan Hunt, CEO, Gateway GroupGateway Group provides top-notch back-office management services, ensuring businesses remain compliant with local regulations and financial reporting requirements. With a qualified and experienced team, businesses can rely on Gateway Group for accurate reporting and information.
At the port of Brest in France, the Brest ESID (the Defence Infrastructure Service Establishment) installed a unique shore power system equipped with GE Power Conversion’s converters. It is now up and running, delivering critical electric power to ships when they are in port. This equipment helps to reduce the port’s carbon and noise emissions. Shore power supply tests, conducted in partnership with Cegelec Portes de Bretagne, have recently been successfully completed as part of the installation and commissioning process, to provide a fully functional shore power supply system.
With its dynamic power management capability, GE Power Conversion’s system is particularly adaptive. The conversion systems can be reconfigured automatically according to the needs of different ships berthed in port, without interruption to electrical power supply. The rapid reconfigurability results in very high-power supply availability, making it possible to supply the most demanding systems with electricity.
For more information: www.gepowerconversion.com
Kent has been awarded a pre–front end engineering design (pre-FEED) study for the Morven offshore wind project, which is expected to generate enough to power the equivalent of around 3m homes. A collaboration between bp and EnBW, the project will use fixed-bottom turbines in 65-75m of water as part of the ScotWind leasing round. Investment into the project by the partner companies will also include supporting the regeneration of the Port of Leith and create an operations and maintenance base in Aberdeen.
The pre-FEED studies, which are expected to last 6 months, will involve engineering design work that support key decisions, foundation type, corrosion protection concepts as well as transportation and installation feasibility. For delivery of this scope, Kent will work with trusted partners Ternan Energy, to provide specialist geotechnical services supplementing their in-house geotechnical capabilities.
The Morven offshore wind project will play a role in helping to achieve Scotland’s offshore wind generation target of 11GW and the UK’s 50GW target by 2030. It is also expected to create thousands of jobs in both construction and operations over the lifetime of the project.
This marks another milestone in Kent’s growing portfolio of offshore wind projects in the North Sea. This was the team responsible for the design of the world-first deep water offshore wind jacket substructures for Beatrice offshore wind farm, which has since become one of Europe’s largest operational offshore wind farms. The Morven offshore wind project will add further capacity to this already impressive portfolio and help contribute towards Scotland’s renewable energy goals.
For more information:
https://kentplc.com/
Kongsberg Digital has entered a five-year agreement with the energy company Shell Global Solutions International BV to digitalise its global assets using Kongsberg Digital’s digital twin technology.
The contract, which was signed in December 2022, is an amendment to the framework agreement signed in 2020, with a committed multipleasset deployment plan and further applications to enrich Shell’s industrial work surface and user experiences.
Kongsberg Digital’s digital twin technology provides actionable insight and automated workflows for optimised operations and facility management. This enables better decision-making, based on actionable data to ensure safer, more cost-efficient and sustainable operations. Already building on a strong relationship, Shell and Kongsberg Digital have collaborated closely over the last four years on digitalising assets in the energy sector. By expanding the scope of this collaboration, both parties look forward to continuing the development of this industrial work surface to optimise operations and value creation.
For more information: www.kongsberg.com/digital/
Score Group has announced the appointment of Nick Dunn as the new CEO, effective from 5 April 2023.
Nick, who previously held the title of director of corporate development, steps into this pivotal role which will see him lead Score, along with his fellow board of directors and SCF partners to shape the company’s next chapter.
of Score.
With more than 22 years’ experience, Nick has held senior roles around the world with large organisations specialising in oil and gas production equipment and business operations.
With full responsibility for the leadership and development of Score, Nick will play a key role in meeting the company’s sustainability targets, corporate objectives as well as leading Score’s growth globally.
With a talented workforce recognised for its technical capabilities and an enviable reputation for quality, I’m excited to take on this role and help shape the next chapter
Nick Dunn, CEO, Score Group
Sonardyne, a leading provider of underwater acoustic technology, has announced the launch of its new Origin Acoustic Doppler Current Profilers (ADCPs). The new ADCPs are designed to be simple to operate with class leading data results, integrated communications and positioning, making it ideal for a wide range of applications, including marine research, offshore renewable energy and defence. The new Origin ADCPs feature several innovations that make them the most advanced ADCPs on the market.
These include an integrated modem for communications and positioning, new Edge processing capability and ecosystem where you can write your own apps for your projects. As well as the industry standard PD0, our new and exclusive A-gram and B-gram proprietary data formats which offer up to ten times greater spatial resolution producing astonishing data sets. There are two introductions for the new Origin ADCP family: Origin 600 has a five-beam configuration with a central vertical beam. Paired with a maximum sampling frequency of 4Hz on all beams, it’s suitable for waves and turbulence applications, as well as mean currents. Combining field proven transducers with an integrated modem, internal rechargeable battery and Edge processing, Origin 600
expands ADCP capability for acquiring mid-range current profiles.
Origin 65 boasts a unique acoustic design that increases robustness, reduces cost, and all the while maintaining outstanding current profiling performance.
The integrated modem allows for remote actions, while the PIES functionality delivers high-precision time-of-flight and average in-situ sound velocity data.
The new Origin ADCP is available now. For more information visit Sonardyne’s website.
For more information: www.sonardyne.com
Trans Global Projects (TGP) has increased its presence in Scotland, UK, opening a new office in Aberdeen in anticipation of growing demand for project forwarding services as energy security reignites interest in North Sea gas.
With an increasing number of energy companies fuelling the rejuvenation of activity in North Sea exploration and production, TGP has moved to extend its global presence to ensure it is readily available to support customers both regionally and internationally.
The Aberdeen office will be headed up by Ross Mackay in his new role as General Manager, Trans Global Projects.
This year, TGP has significantly strengthened its presence in two other major offshore energy centres, Houston and Rio de Janeiro, through the appointment of several incoming staff in anticipation of growing market demand for the Group’s services.
For more information: www.tglobal.com
In the 13th issue of the annual Voith Sustainability Report, Voith provides information on its sustainability activities and progress in fiscal 2021/22. As a family-owned company, Voith feels a special obligation to handle resources responsibly and avoid environmental risks.
The Sustainability Report now published shows that the measures taken in recent years are having an impact. For example, energy consumption was reduced by 34% compared with the benchmark year 2011/12, freshwater extraction fell by 44%, and waste volume declined by 38%. This means that for fiscal 2021/22, the company not only achieved its goals but slightly exceeded them. Voith has committed to further reducing these figures by fiscal 2026/27, namely by 12.5% in the case of energy consumption and by 5% each with respect to water use and waste volume.
By fiscal 2021/22, the company has managed to reduce greenhouse gas (GHG) emissions by around 40% –from 142,464 tons in the previous year to 86,471 tons. These figures refer to direct and indirect GHG emissions resulting from processes at Voith facilities (= Scope 1 and Scope 2).
The reduction resulted primarily from measures taken to improve energy efficiency as well as the increase in the proportion of renewable energies in the Voith electricity mix, which went up from the previous year’s level of 38% to its current value of 80%. Having achieved its target of net climate-neutral operation at the beginning of 2022, Voith’s overarching goal is to reduce GHG emissions to a minimum by fiscal 2049/50.
The new figures show that Voith has also performed well in the area of occupational safety. As far back as 2009, Voith had enshrined the reduction of the number and severity of accidents into its corporate objectives. In the 2021/22 reporting year, a strong decline in the number of work accidents was recorded, namely from 79 in the previous year to 61. This resulted in a very good frequency rate of 1.6 (= number of work accidents per million hours worked). The severity rate (= number of hours lost per million hours worked) also fell in the last fiscal year.
Voith not only reports on the improvements in its own sustainability performance but also on how Voith products and services help its customers achieve their sustainability goals. For example, Voith Hydro is shaping the future with hydropower and is thus making an important contribution worldwide to a stable, low-emission electricity supply.
Voith Turbo is supporting the climatefriendly mobility of the future through innovative and increasingly more efficient drive systems and solutions. The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, paper, raw materials and transport & automotive. Founded in 1867, the company today has around 21,000 employees, sales of €4.9bn and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe.
We want t o make a verifiable contribution to the sustainable development of the economy and society. We are making our actions transparent and traceable through comprehensive reporting. Voith feels a special obligation to handle resources responsibly.
Dr Toralf Haag, CEO, Voith Group
The WUD-2x-E model is a particularly compact, ultra high purity transducer for high-accuracy pressure measurement of ultrapure gases in the semiconductor industry. It is the first transducer to use the SDP 5003.2080 and offers maximum security of investment.
Due to minimal signal noise, the sensor provides precise measured values in the long term, thanks to active temperature compensation, even with high temperature fluctuations. The measured values can be viewed on the display.
Thanks to EtherCAT®, the model WUD-2x-E does not have to be disconnected from the network for firmware updates or troubleshooting. This avoids production downtime due to incorrect installation or removal, maximises process safety and allows updating of the instruments.
In addition to pressure values, temperature data or error status can also be transmitted. Instruments can thus be monitored extensively and problems detected at an early stage.
WIKA Instruments in Sevenoaks provide pressure, temperature, level, flow, force and related calibration instruments. Visit WIKA’s website. i
For more information: www.wika.co.uk
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.
As we celebrate our anniversary, we invited the EIC board of directors, members and the energy community to share their thoughts and reflections. Visit bit.ly/3qc0CIs
Quanta EPC adds new talent to engineering team. Quanta delivers engineering, procurement and construction services to the energy industry. Please visit bit.ly/44WkW0m
EIC and organising partners Agoria, IRO and WFO would like to thank everyone who attended #NSDC2023. We hope all of our attendees enjoyed the incredible content.
June –July 2023
TUESD AY 6 JUNE
WEDNESD AY 7 JUNE
P& J LIVE ABERDEEN
Hydrogen Technology Expo 2023
George R Brown Convention Centre, Houston
28 June Management Course
EICDataStream/AssetMap training
Online
4 July Business Presentation
Digital Transformation with Petrofac Petrofac Innovation Zone, Aberdeen
6 July EIC CONNECT
EIC CONNECT Energy Brazil Rio de Janeiro
7 July LIVE e-vents
EIC Members – Speedy Networking Webinar
Sustainable Scalable Solar Power DoubleTree by Hilton, Hull
12 July Management Course
EICDataStream/AssetMap training
Online
13 July Sector Showcase
Beyond Hydrogen – What’s Next
The Kia Oval, London
19 July Business Presentation
South America EICDataStream
Online
26 July Management Course
EICDataStream/AssetMap training Online
6 July 2023 • Rio de Janeiro
Offshore wind power is a promising and important technology that can help to address some of the most pressing challenges facing our society today, including climate change, air pollution and energy security. It is also becoming increasingly important due to several advantages over other forms of renewable energy and ambitious government targets for green energy.
The EIC’s International Trade team is preparing a busy event schedule with the below offshore wind focused pavilions and delegations. Please keep these in mind when planning your budgets for the current and upcoming financial year.
Please note, the above list is not final. The team is working hard to add more events to our 2024 calendar. If there are any events that you think we should add, please do not hesitate to contact natalia.bawolska@the-eic.com
This year the EIC celebrates its 80th anniversary. It’s been an incredible journey for the EIC and our members, starting in London in 1943 with a meeting of leaders from 13 engineering businesses to now becoming one of the world’s leading trade associations. The EIC has supported companies to grow, export and diversify and continue to work closely with our members to ensure that we are the best at what we do.
On 20 April 2023 the EIC celebrated this special occasion, by holding a 1940s-themed cocktail party at the Dorchester Hotel in London. We welcomed our member companies, Board of Directors, representatives from government, operators and developers and some special guests.
Now 80 years young we are proud of our achievements and significant contributions to the energy sector, and most of all we are excited about the future. We also hosted the North Sea Decarbonisation Conference (NSDC) on 16-17 May in London. The conference saw an audience of 300 attendees enjoy presentations and discussions from 40+ industry speakers, throughout 12 sessions as they showcased their key project updates.
Campbell
Jo Campbell, Regional Director, UK & Europe jo.campbell@the-eic.com
We are thrilled to report on the success of our recent UAE and Baku Connect events, which have provided a platform for knowledge sharing and networking within the energy sector. Having now completed three Connect events in the first half of 2023, we are exploring the possibility of hosting a KSA Connect event later this year.
We would also like to express our gratitude to those who joined us in celebrating our 80th anniversary. As we reflect on our journey it was great to hear how the regional office has supported the growth of so many organisations over the years; be it in helping them with their first steps, or in helping to grow your sector knowledge and contact base. In such a fast-paced industry where change appears to be the only constant we remain committed to anticipating and responding to your needs.
Our upcoming Energy Exports Conference will focus on export opportunities across the globe and will feature representatives from Saudi Aramco, ADNOC and other organisations across Africa and Kazakhstan. We expect over 1,500 attendees at the event in Aberdeen on 6-7 June. For more information visit www.the-eic.com/EEC2023
We have a range of business and networking events planned over the summer, including our Business Opportunities series with Technip Energies taking place on 22 June 2023 and our EIC Roundtable series throughout the GCC. Additionally, we will be hosting our quarterly Africa and GCC Market and Project Update webinars on 13 and 20 June, respectively, providing valuable insights into the latest project developments within the industry.
We are also excited to announce the upcoming release of our annual Survive & Thrive publication. I had the pleasure of conducting several interviews which provided a unique insight into the innovative services and products showcased by our members. This year we received a record number of submissions, and following the publication of the report in June 2023, we will be proud to honour several success stories at our regional World Energy Supply Chain Awards in Dubai in September 2023.
We are experiencing increased activity and investment within the energy sector, which we hope will have a positive impact on your organisations. We remain committed to providing opportunities for knowledge sharing and networking within the industry, and we look forward to continuing our work alongside you all.
Ryan McPherson
Regional Director, Middle East, Africa, Russia & CIS ryan.mcpherson@the-eic.com
ADNOC has cancelled two major contracts related to its Hail and Ghasha sour gas development, a project that is critical to Abu Dhabi’s gas production expansion plan. The move has cast doubt on the timing of the project, which has already suffered from significant delays. Hail and Ghasha is one of the largest oil and gas projects in the UAE and is expected to produce 1.5bn cubic feet per day of gas at its peak, providing feedstock for Abu Dhabi’s gas export plans and supporting its ambition to become a key hydrogen producer.
According to sources, the project’s pre-construction services agreements (PCSAs) awarded to two international consortia have been terminated.
Masirah Oil Ltd, the operator of offshore Block 50 in Oman’s Gulf of Masirah, is pushing forward with a strategy to increase production from the Yumna field in 2023. The block spans an area of about 17,000 sq km.
Last year the company initiated several efforts to unlock the hydrocarbon potential of the field, including a major change-out and upgrade of production facilities at the Yumna field, and the replacement of the previous floating storage tanker and a change-out of the mobile offshore production unit to handle increased liquid production.
This year, Masirah Oil plans to conduct a review of exploration opportunities across the block, with the aim of acquiring additional targeted seismic.
Please go to page 26 to see upcoming events around the world
In May, the EIC APAC team organised the webinar Opportunities in Decarbonising the Energy Sector. The well-attended webinar, led by our Regional Analyst (APAC), Dr Madana Nallappan, featured 50 executives from the energy industry. The presentation generated a buzz of excitement and enthusiasm as many recognised the tremendous business opportunities that come with decarbonisation.
EIC APAC hosted our first business lounge of the year at the Future Energy Asia Conference in Thailand which was a resounding success, showcasing innovative and sustainable solutions from our exhibitors Torr Energy, NES Fircroft, Cladtek and Emerging EPC. The event brought together a powerhouse of influential leaders in the energy industry, including top executives, government officials and renowned experts, who shared their latest advancements and best practices in creating a greener future. Our exhibitors were delighted to make valuable connections with key stakeholders and explore new opportunities in this rapidly-evolving field.
In June, EIC APAC will be hosting the EIC APAC business lounge at the Energy Exports Conference (EEC) in Aberdeen. PETRONAS and Sarawak Energy Berhad will be some of the key operators in the region who will be participating at this event. EEC is a platform for supply chain companies from the APAC region to showcase their offerings to UK companies.
EIC APAC will also be hosting the APAC business lounge at Sabah Oil & Gas Conference & Exhibition (SOGCE), on 8-9 June 2023 in Sabah, Malaysia. This conference and exhibition will bring together key players from Sabah’s energy industry to share insights, network and discuss future trends and opportunities. You will be able to connect with exhibitors from all over the region and explore the latest products and services on offer. EIC members are eligible for preferential rates at this exhibition.
And lastly, we will be hosting the business lounge at the IEW Sarawak Exhibition, a premier event that brings together experts, innovators and stakeholders from Sarawak’s energy industry to exchange knowledge and showcase cutting-edge technological advancements.
We are 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.
Azman Nasir, Head of Asia Pacific azman.nasir@the-eic.comCNOOC has made a significant oil and gas discovery through the drilling of the Bozhong 26-6 discovery well. The BZ26-6 well was drilled to a total depth of 4,480m and encountered a total of 321.3m of oil pay zones. The discovery has hydrocarbon reserves of up to 130m tonnes. The Bozhong 26-6 discovery could have the potential to produce a cumulative 20m tonnes of oil during its life span.
Oil and Natural Gas Corp (ONGC) has signed a memorandum of understanding (MoU) with TotalEnergies for the exploration of deepwater blocks in India. The agreement will see TotalEnergies providing technical help to ONGC as the company is pushing to explore deepwater blocks, especially in Mahanadi and Andaman off India’s east coast. The collaboration with TotalEnergies is the latest between local and international companies. ONGC also signed a collaboration agreement with ExxonMobil in August 2022.
During April we had the pleasure of hosting three regional events: North and Central America Membership Open Day, North and Central America Business Briefing Series: Seaway7, and a Sector Update: US Offshore Wind. Membership Open Days serve as a great way for EIC members and non-members to gather and be reminded of the benefits of being a member of the EIC, understand latest market or sector trends from regional and sector experts, network with other companies and meet a highlighted EIC member company as they express how they utilise EIC and its member benefits.
Membership Open Day
Tuesday 20 June 2023
Membership Open Day
Tuesday 29 August 2023
Membership Open Day
Wednesday 6 December 2023
On Thursday 13 April 2023 we had the pleasure of delivering our North and Central America Business Briefing Series and welcomed Jigar Master, supply chain manager, Seaway7, pictured, as he provided a presentation covering the procurement process, major contracts coming out for tender and key messages to vendors. We thank Darren Rowan, director of business development, TRS Workforce Solutions and Dayna Brentari, business development manager, TRS Staffing Solutions for speaking with our members and nonmembers during the recent Membership Open Day.
We would like to highlight and thank Simon Critten, senior vice president energy, Mott MacDonald; Martin Jr Tremblay, offshore wind director, Wood; Cheryl Stahl, head of offshore wind business development, ABS Group; David Hua, director of engineering, ABS Group and Mark Kelly, supply chain development manager, Ørsted for participating in our most recent regional event: Sector Update: US Offshore Wind held on Thursday 27 April.
To learn more about upcoming events in our region please visit our EIC events calendar on the website or email adriana.romo@the-eic.com
Amanda Duhon VP & Regional Director, North & Central America amanda.duhon@the-eic.com
Canadian provincial regulator Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB) has launched an offshore licensing round for the areas of Eastern Newfoundland (NL23-CFB01) and South Eastern Newfoundland (NL23-CFB02). The public offering comprises a total area of over 12m hectares distributed between 47 parcels of land. The nine-year exploration licence comprises two consecutive periods, with period I spanning a minimum of six years and requiring the full drilling of a well prior to obtaining tenure to period II. Bids are to be submitted by 1 November 2023 with the awarding of the licence to successful bidders to be announced in early 2024.
Nova Scotia is poised to be one of the first provinces with large-scale offshore wind capacity in Canada, with plans in place for 5GW of capacity by 2030. Province authorities have unveiled a roadmap which calls for offshore wind leases to be offered in 2024 and awarded to developers by 2026. Although Nova Scotia is regarded as a suitable market for floating offshore wind developments, the province’s Department of Natural Resources believes that fixed-bottom projects closer to the shore could serve as a foundation for larger developments.
Please go to page 26 to see upcoming events around the world
Save the date of 22 June for Breakfast in Rio: Opportunities at the Lapa South-West Project with TotalEnergies. Jean-Baptiste Dupuy, TotalEnergies’ E&P director, will present its Lapa project, which produced 103,500 barrels of oil equivalent per day in 2022. The company has approved a US$1bn investment in the Santos Basin, involving the drilling of three wells.
Join our Rio workshop on Hydrogen Fundamentals and Low-Carbon Energy Technologies to explore the challenges, rules and significance of hydrogen. Gain insights into green hydrogen, carbon capture and global carbon credits. Understand Brazil’s energy sources and sector challenges. Please feel free to reach out to rio@the-eic.com
The EIC organised a Breakfast in Rio on Hydrogen and Renewables Developments in Brazil. Qair and ENGIE were featured, with ENGIE highlighting its 10GW renewable energy portfolio and its focus on green hydrogen as a strategic energy source. Qair discussed its trajectory in Brazil, current production and plans, including a target of 1GW in operation by 2024 and international electrolysis production goals.
During President Lula’s visit to China, the governor of Ceará, Elmano de Freitas, took the opportunity to sign three agreements with Chinese companies. The first was signed with Ming Yang Smart Energy Group, one of the world’s largest wind turbine manufacturers, covering the development of a wind turbine technology and repair centre. The second contract, signed with SPIC, will provide feasibility studies for the development of solar, wind (onshore and offshore), as well as blue and green hydrogen projects at Complexo do Pecém. Lastly, the third one was signed with Gansu Science & Technology Investment designed to boost friendly consultations, resource sharing and win-win co-operation between the parties.
Don’t miss out. Join EIC Connect Energy Brazil on 6 July, a premier annual event in multiple energy markets. Connect with clients and suppliers, engage in thought leadership panels, briefings and meet-the-buyer meetings. Network and explore business opportunities in the E&P, subsea, LNG, offshore wind, hydrogen and CCS sectors.
Clarisse Rocha Director – Americas clarisse.rocha@the-eic.com
6 July 2023 • Rio de Janeiro
Armin Dorgathen, the president of the Bolivian oil and gas entity YPFB, announced the country’s interest in transporting Argentinian gas from Vaca Muerta to Brazil. Bolivia has recently faced a decline in gas production, which compromises its supply agreements with Argentina and Brazil. Therefore, the Bolivian government is taking into consideration opening the country’s pipeline system to meet Brazil’s gas demand, and the expansion of the 3,150km binational GASBOL pipeline would assist in this plan.
“There is no more important a role for me now, as chief executive, than to ensure that the EIC continues to prosper for the next 80 years and beyond.”
Stuart Broadley, CEO, EIC
