In the first week of January, EICAssetMap completed coverage of the Americas adding 20,000 new assets to the database. We have coverage on assets globally except China, Russia and North Korea. With more than 40,000 assets tracked on EICAssetMap across 131 countries, we are now able to produce global updates on operations and give you deep dives into information and trends we have seen over the last 12 months.
In Ukraine, many developments have been prioritised to move away from reliance on Russian gas resources. In Europe three new LNG regasification facilities became operational after a programme was commissioned to fast track these developments. An example of prioritising projects in Europe, the Eemshaven LNG terminal in the Netherlands was revived in March. The project was completed in September, consisting of two FSRUs that will work in tandem to provide an annual regasification capacity of 8bn cubic metres.
Several projects were commissioned in 2022, which will help Europe move away from Russian gas supplies. One of these developments was the Norway-Denmark-Poland baltic pipeline, brought online in November. For Poland, the pipeline supplies gas from Norway, thus helping diversify supplies away from dependence on Russia, while mitigating transit risk on deliveries via Belarus or Ukraine. The project was classified as a project of common interest (PCI) by the EU.
Poland commissioned four new pipelines in 2022. One of the larger developments commissioned was the PolandLithuania gas pipeline, completed in May. A 522km natural gas interconnector between Poland and Lithuania, it has a starting capacity from Poland to Lithuania of 2.4bn cubic metres per year and from Lithuania to Poland of 1.0bn cubic metres per year. The project acts to diversify the two nations dependence away from Russian natural gas.
Last year, six new offshore wind farms came into production globally adding 3.7GW. The Noshiro Port wind farm was commissioned in Japan in December with a capacity of 84MW. The other five developments entering operations in 2022 were in Europe, specifically France, Italy and the UK. The largest of these was Hornsea Two, commissioned in August in the southern North Sea, with a capacity of 1.3GW across 165 turbines.
Onshore wind developments increased also, with 128 new projects being commissioned in the last 12 months, adding 22GW to the global output comprising of more than 4,000 turbines. Over half of these developments (66 projects) came online in Europe adding 5.5GW. The most significant have been made in Sweden, with 380 turbines installed across 11 wind farms generating 1.7GW.
Solar additions have also been on the increase. The largest capacity addition by asset type in 2022 came from solar, with 159 projects online in 2022 – adding 25.7GW to the grid. The US added 45 new solar farms in 2022, a total of 7.1GW.
In total, 15 hydroelectric projects came online in 2022, adding 13.8GW to the grid. The largest of these developments was commissioned in Ethiopia in February. The Grand Ethiopian Renaissance Dam (GERD) hydroelectric power plant, consisting of fourteen 400MW units and two 375MW units, has a total capacity of 6,450MW.
Much has been talked about hydrogen production and during 2022 six new green hydrogen facilities were brought into production in Europe. The largest of these was the Puertollano hydrogen plant (hydrogensolar-battery hybrid), brought into production in May. This project is a solar-plus-storage system and a 20MW electrolyser to produce green hydrogen. The developer signed an agreement with a fertiliser producer, which will use the hydrogen at its ammonia plant. The project involves a 100MW solar photovoltaic (PV) park, a lithiumion battery system with storage capacity of 20MWh and the electrolyser. Now operational, the plant prevents the emission of 39,000t of CO2 a year.
A full global overview can be found in the Global OPEX Report on our website www.the-eic.com/MediaCentre/Publications/Reports For more information on operational assets, please view EICAssetMap. If you are not a member but interested in access, please contact our membership team membership@the-eic.com
Thomas Bacon Senior OPEX Analyst thomas.bacon@the-eic.com
Some of the highlights included in this month’s edition of Inside Energy are an overview of assets added to EICAssetMap after the database’s latest update, AsstrA’s customised project logistics solutions, COMPETAS’ competency assessment tool, and an EIC guest editorial with Proserv. Moving on from the 80th anniversary interviews last month, we continue to reach out to members and see what they have to say about our Oak jubilee and their relationship with the EIC. We’d like to thank AsstrA, Bechtel, Edward Gunn, HFI, HKA, Kent, Myrcator, PetrolValves, Roxtec, Tyde and Vysus Group for sharing their comments.
With the recent coverage of the Americas on EICAssetMap, the EIC’s OPEX database, the region has seen an increase of 20,000 new assets tracked. In his sector analysis for this issue, Thomas Bacon, our Senior OPEX Analyst, explores the insights we can take from EICAssetMap’s now complete global perspective. Please read his page opposite.
Our members’ services feature looks into the customised project logistics solutions provided by AsstrA Industrial Project Logistics, part of the AsstrA corporate group. You can discover more about their freight management and transportation offerings on page 18.
COMPETAS’ competency assessment data-driven tool, meanwhile, is the focus of spotlight on technology on page 19. The device allows hiring companies to have confidence in skills and personalities verified in job applicants’ résumés.
For our guest editorial this month, we are happy to welcome Chris Denton, Director of Supply Chain at Proserv. His article inspects the choppy waters that the supply chain currently navigates and how it sets a situation of insecurity regarding the flow of products and services. Read Proserv’s piece on pages 34-35. Of course, as always, there are comments from our directors in Europe, the MENA region, Asia Pacific and the Americas, as well as members’ updates. Readers can also keep up with the latest industry news from around the world.
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?
For over 27 years, AsstrA has been providing customers with logistics solutions tailored to their unique business requirements and cargo characteristics. AsstrA’s IPL Division serves customers who have complete projects requiring project management, or need to transport complex, oversized or extra-heavy cargo. Our co-operation with EIC is all about exchanging knowledge and experience. We strive to tailor our services to the needs of the industry, EIC helps us to identify details for the interesting opportunities where we can demonstrate our capabilities.
What are the synergies between AsstrA and the EIC?
AsstrA IPL and EIC are a perfect match. Our dedicated growing network of more than 1,000 specialists located in 24 countries provides world-class project logistics services across all major industries, with a specific focus on petrochemicals, energy, industrial manufacturing and construction. We are equipped to offer solutions tailored to the needs of every company we serve. We make our entire service portfolio – including road, rail, sea and air transport as well as project and contract logistics, customs support, warehousing, and insurance brokerage – available through ‘one window’. We have a global reach and, with the EIC, we cover the same markets and needs of the same customers.
Where would you like to see AsstrA and the EIC in the next 80 years?
AsstrA is constantly growing. We are opening new locations, entering new markets and launching new services. We are now well on our way to becoming a fully integrated logistics company offering sea, ocean, air and land transportation as well as fulfilment services and digital supply chain management to customers around the world. We are confident that, together with the EIC, we can achieve mutual success by building a reliable and stable environment in which our customers can grow their own businesses.
About AsstrA
The AsstrA corporate group, multinational transportation and logistics service provider with more than 27 years on the market, is headquartered in Zurich, Switzerland, and employs more than 1,100 people in 24 countries across Europe, the CIS, Asia and the Americas. For customers in multiple sectors, AsstrA offers integrated 3PL solutions spanning customised transport and logistics services, support with customs procedures and paperwork, fully managed logistics chains, comprehensive domestic and international distribution, and road, rail, sea and air freight.
Anna Smirnova, Head of IPL UK, AsstrA
How has the EIC helped you through the years? An interesting story to tell?
Bechtel and the EIC have engaged on many occasions, with the EIC assisting us in project development and our organisations combining resources for global supply chain outreach. Senior Bechtel supply chain managers are active participants on the EIC’s board and the regional advisory board for North and Central America. We also participate in EIC extracurricular events such as regular business briefing opportunities that support Bechtel outreach opportunities and allow us to develop relationships and seek joint opportunities with EIC members.
A recent example of the EIC assisting Bechtel’s material and equipment sourcing objectives is from a US-based project funded by UKEF. The EIC polled its membership to facilitate the project’s UK content requirements. While the project did not move forward, the EIC assisted in identifying over 500 suppliers that could contribute to this objective, providing the project the opportunity to meet UKEF requirements.
Innovative tools developed by the EIC (such as EICDataStream) increase the amount of project opportunities exposed to EIC membership and facilitate contact with major EPC companies like Bechtel. Like the EIC, Bechtel is active in energy transition projects both in the UK and globally. As the world continues to seek efficient ways to transition to alternative energy sources, Bechtel seeks to provide our customers with innovative solutions that contribute to a clean energy future, while promoting sustainable supply chain practices. Similar to the EIC, Bechtel works closely with our customers to understand their evolving needs for identifying, tracking and reporting their progress towards meeting their greenhouse gas (GHG) emission reduction targets.
Bechtel celebrates its 125th anniversary this year and recently celebrated our presence of 70 years in the UK. The EIC’s industry involvement over the past 80 years has afforded us, and EIC membership, the opportunity to work together on many noteworthy international projects in the UK, US, Europe, the Middle East and Africa for various customers.
We have always valued our relationship. The EIC has enabled us to remain current on industry trends and helped foster our relationships with other members. Where would you like to see your company and the EIC in the next 80 years?
Firstly, we would like the relationship between our organisations to continue to flourish and be prosperous for each other. Bechtel’s global and cross-industry portfolio will continue to open opportunities for EIC membership. In return, Bechtel will continue to grow from EIC’s insight of industry dynamics and trends.
As the EIC expands globally, more opportunities will be available for our organisations. In fact, the EIC is already active in many of the same regions where Bechtel has principal offices and multiple projects, including the UK, Europe, North & South America, Asia and Australia. We look forward to seeking and nurturing further opportunities for our customers and the supply chain with the support of the EIC.
About Bechtel
Since 1898, Bechtel has helped customers complete more than 25,000 projects in 160 countries on all seven continents. Bechtel has a diverse portfolio that works on projects in the energy, infrastructure, power, telecommunications, mining and metals, manufacturing and technology, and government services sectors.
How has the EIC helped you through the years? Any interesting stories to tell?
Since Edward Gunn was formed in the UK in July 2020, the executive recruitment company has conducted a candidate selection process via a unique approach utilising a panel of industry and disciplinespecific experts. In September 2021 Edward Gunn established an operation in Houston, Texas, in order to better serve the energy market. A key part of this expansion strategy was to tap into the suite of market intelligence databases plus the network and connections afforded by EIC membership. Since joining, Edward Gunn has expanded well beyond its initial sales and marketing domain into a number of sectors such as energy and fintech.
Chris Cottam, President North America, leads Edward Gunn’s energy practice in Houston. In 2022 he was appointed to the EIC’s Advisory Board for North and Central America, further strengthening the ties between the company and the EIC. Having been an EIC member some 15 years ago with another company, Chris often comments on how much more value the EIC brings to its 2023 members, including the increased significance of the available market intelligence, the increasing number of global events each year and the professionalism and talent of the staff.
What are the synergies between Edward Gunn and the EIC?
All EIC member companies need leadership talent to be successful, and finding such talent in the energy industry is becoming more difficult as each year passes. Prime drivers for this are demographic changes such as the ‘great energy crew change’ and those related to energy transition.
In fact, in a recent EIC membership poll, 47% of respondents identified ‘people/skills shortage’ as their number one growth challenge in 2023 – nearly twice as many as the second nearest challenge! Edward Gunn is uniquely positioned to help members overcome this challenge and looks forward to working closely with the EIC in this regard.
Synergistically, Edward Gunn and the EIC are in the same business. That is: leveraging a wide network of companies and experts to improve collective business outcomes. In the case of the EIC, this is the membership, for Edward Gunn it’s their panellists who provide the leverage for superior talent acquisition.
Where would you like to see Edward Gunn and the EIC in the next 80 years?
Edward Gunn’s panellists have working experience in 45 countries around the world, the vast majority of which relate to experience in the energy industry. The EIC continues to expand its footprint across the major energy markets of the world and Edward Gunn looks forward to continuing to be a partner of significance throughout this expansion in the decades to come.
About Edward GunnEdward Gunn is a panel selection firm. The company’s hiring panel, with leadership experience spanning more than 500 years and 45 countries, is uniquely placed to research, evaluate and select the best talent for senior and strategic appointments. With a firm focus on empathy, the company fully understands the hiring rationale of its clients and gains an appreciation of the niche hiring needs of every business. The company places client stability and growth at the forefront of the selection process, taking the time to ensure that both the candidate and client are perfectly aligned in all aspects of their future working lives.
How has the EIC helped you through the years? Any interesting stories to tell?
HFI was established in the UAE in 2003, just one year prior to the establishment of the EIC Middle East office, so our business has effectively grown up in the region alongside EIC’s growth, first with Terry Willis as regional director and subsequently with Ryan McPherson. Our founder and managing partner, Hugh Fraser, shares a common legacy with EIC CEO Stuart Broadley as senior members of the Wood Group management team which worked towards the successful flotation of the Group in 2001.
The EICDataStream projects database and market updates are our go-to places for market intelligence and the EIC conference pavilions have given us a much-valued basecamp at major energy events and connectivity with fellow delegates and exhibitors. The recent GCC market updates have underlined to HFI the importance of the MENA region with over US$600bn of energy projects being tracked through EICDataStream.
EIC-led conferences have allowed us to project well above our weight into key market places, initially at the likes of Offshore Europe and OTC and laterally at ADIPEC and WindEurope. We have been a keen supporter of and participator in the EIC CONNECT events and sincerely hope these will continue to be rolled out to a wider range of territories.
What are the synergies between HFI and the EIC?
As with EIC, HFI is exclusively focused on energy and specifically energy technologies being expanded in the MENA region. Many EIC members are HFI clients and we have been privileged to act as legal advisors to EIC in the Middle East region.
Our clients are principally private equity-backed companies driving the energy transition and we are recognised as a trusted, market-leading boutique practice with a proven track record of over 20 years of driving international ventures. Our membership of EIC has played no small part in allowing us to establish that position in the marketplace.
Where would you like to see HFI and the EIC in the next 80 years?
Looking forward to 2103, we hope that my and Ryan’s successors will be enjoying the fruits of a successful energy transition which both organisations have played their own in seeking to achieve, where the world is powered and driven by hydrogen, floating offshore wind, solar with storage and perhaps even fusion.
HFI is a specialist professional services firm led by Hugh Fraser, a Scottish corporate/energy lawyer and member of the Scottish Development International GlobalScot international trade ambassador network.
HFI supports clients to establish, expand and divest their international businesses through strategic, value-added consulting and legal services, combining specialist know-how, connections, local partners and execution expertise.
Its focus is on ventures which combine advanced energy technology and know-how with opportunities in the key territories of the United Arab Emirates, Saudi Arabia, Qatar, Egypt and India including new incountry businesses, joint ventures and acquisitions.
How has the EIC helped you through the years? Any interesting stories to tell?
The EIC has made a tremendous impact on my professional path and the informed decisions I make regularly. There is nothing else out there like the EIC, and its access to the latest updates, insights and trends in the energy industry is invaluable. The organisation has shaped the way many professionals in the industry do business. By knowing where the industry is heading and what type of clients we should be looking at, HKA can better strategise on how we do work, the types of clients we partner with, and the type of advisory services we deliver. The EIC is the gatekeeper to key networking opportunities and has allowed me to build relationships, make the right connections, and have meaningful conversations with the right people through their introductions. As a board member, I have gained more insight into the EIC’s mission and how it operates. I have made endless new connections with the right people from the right companies, enabling a mutual coalition for helping each other out with decisions and more.
What are the synergies between HKA Global and the EIC?
HKA Global and the EIC have a mutual interest in the energy industry as well as a mutual desire to identify and develop global business opportunities within this sector. Both organisations strive to help people and companies. The EIC does this by promoting the industry through trends, market analysis and data and by educating the community on what is happening with energy projects around the world. HKA’s claims advisory and dispute resolution experts advise clients on the latest trends that impact their business and educate them on what kinds of claims and disputes can arise from their projects. The EIC and HKA similarly offer their members and clients a wealth of professional knowledge and expertise, share industry best practices, and provide practical advice.
Where would you like to see HKA Global and the EIC in the next 80 years?
In the next 80 years, I would like to see HKA and the EIC working closer together, collaborating more frequently on the latest insights and using our combined expertise across the energy, renewables and hydrogen sectors and sharing this knowledge with the industry through thought-provoking energyrelated sector events and webinars.
HKA will continue to rely on the EIC and its resources, as a leader in the industry, for its in-depth research and data to enhance and steer our energy, renewables and hydrogen sector growth plans worldwide through our global membership.
I envision HKA and the EIC working together throughout the global footprint. We both operate worldwide, and I would like to see each HKA location partner with each EIC location around the world.
About HKA Global
HKA is one of the world’s leading providers of consulting, expert and advisory services for the construction and engineering industry and in the resources sector. HKA employs more than 1,000 professionals operating in 40+ offices in 18 countries worldwide. Its track record spans pioneering developments and many highprofile projects. It works with owners and employers, contractors, specialist subcontractors and law firms, applying the company’s knowledge and unrivalled expertise to achieve the best outcomes possible for clients. HKA’s global portfolio includes some of the world’s largest and most prestigious projects across a wide range of market sectors, including energy, buildings, industrial facilities, infrastructure, oil and gas, power and utilities and technology.
Any interesting stories to tell?
The EIC has been a valuable resource for us throughout the years. One of the key benefits we have found is EICDataStream, which serves as a go-to CAPEX database of industry projects in all phases of development. This has been an invaluable tool for staying up-to-date on the latest industry developments and identifying new business opportunities. Paula Fitzpatrick is a proud member of the Regional Advisory Board (Houston), which has allowed the opportunity to learn from others and provide input on key industry issues. We have also found the presentations and introductions provided by the EIC to be both interesting and relevant, keeping us informed on the latest trends and best practices in the industry. Furthermore, the EIC has been sincerely invested in making connections to help further the growth and success of the industry and has been a valuable asset to us in our professional careers and to organisations like Kent.
The synergies between Kent and the EIC are many and varied. One of the most notable is the fact that Kent was awarded the 2022 EIC Culture Award – this is a testament to the strong alignment between our values and those of the EIC.
Kent and the EIC both share a global perspective and footprint. With a geographic footprint that extends around the world, we are able to understand the nuances and complexities of different markets, and to develop strategies that are tailored to the unique needs of each region. The data and news that EIC shares allows us to stay ahead of trends and to make strategic decisions that will help us to sustain and grow our business. Where would you like to see your company and the EIC in the next 80 years?
Kent will be watching where EIC goes – it is always ahead of its time regarding industry and market trends. We are proud to be a member of the EIC and look forward to working together to shape the future of the energy industry.
Kent designs, builds and maintains the assets that power the world for today and make it future-ready for tomorrow. The trust that clients have put in Kent over the last 100 years has given it the energy to deliver. And now, Kent is taking that to a new level of capability to drive the energy solutions of the future – all the way from consulting to design, build, commissioning and startup through to maintenance and decommissioning.
How has the EIC helped you through the years? Any interesting stories to tell?
Joining the prestigious Energy Industries Council (EIC) soon after Myrcator MCS’s formation was one of the game-changers for our business. I had previously worked for an EIC member company, so was familiar with its potential benefits, including networking and round table events. These along with the annual EIC Middle East golf day allowed Myrcator to become better known within industry circles.
The unwavering support of the EIC Middle East’s Ryan McPherson and his team made this process even smoother.
Fast forward to 2022. Thanks to being included in the EIC Thrive and Survive programme, not only did we receive global publicity but we were also shortlisted for several awards alongside some well known names in our field. This greatly enhanced our recognition amongst international clients.
What are the synergies between Myrcator and the EIC?
Myrcator and the EIC are fortunate to be in the here and now, ushering in a new age of energy sources focused on sustainable and renewable solutions.
From challenging the veracity of ‘green’ claims to providing high-quality support for cutting edge projects – both organisations strive to support traditional industries while invigorating advancements within renewables.
By embracing this global transition towards greener energy, Myrcator works with clients around the world to ensure long term sustainable whole life programmes from FEED through to decommissioning. Together we work towards shaping our collective future.
Where would you like to see Myrcator and the EIC in the next 80 years?
It’s incredible to think that EIC has survived and thrived in the energy industry for 80 years. That speaks volumes about their strength, resilience and ability to adapt. I am confident that they’ll continue making a significant impact no matter what advancements are made in power sources whether its cleaner nuclear power or limited fission technologies. The future of energy markets is going to look remarkably different than it did over those last eight decades; exciting times ahead indeed!
Our company, Myrcator, has been a positive beacon of success since its formation. We will need to maintain this trajectory if we want to stay competitive and relevant within our industry over the next ten years.
The oil and gas and marine sectors face a crucial challenge of developing professionals and overcoming an ongoing skills gap that remains unresolved stepping into the future. Skills shortages are going to affect us all. It is up to us, now more than ever before, to rise and conquer these challenges; ensuring that the likes of Myrcator leaves their legacy far into an even brighter future.
About Myrcator
Myrcator Marine & Cargo Solutions FZE, established in 2020 and based in the UAE, is a reputable global provider of marine and project cargo related consultancy and inspection services to many international clients.
By valuing honesty and integrity above all else, Myrcator is proud that 80% of its business consists of repeat customers who continue to trust the company with delivering secure solutions. From Chile to Norway and Africa to the Far East, they rely on Myrcator MCS as their first choice when time-critical, dependable support matters most.
How has the EIC helped you through the years? Any interesting stories to tell?
Through my formative years in the oil and gas industry, the EIC was a critical vehicle to globalising my career. Firstly, desk-based activities using the EICDataStream tools gave me access and understanding to information about projects all over the world, but it wasn’t long before I attended an EIC trade mission to Perth, Australia and was regularly utilising its office facilities in Houston.
The EIC also gave low entry costs to expand business activities into the Middle East with EIC CONNECT events and then global events such as OTC.
What are the synergies between PetrolValves and the EIC?
Definitely the globalisation of the EIC overlapping with all of our key regions and continued focus on energy projects globally.
Where would you like to see PetrolValves and the EIC in the next 80 years?
PetrolValves continues to develop industry leading technology for conventional energy projects as well as new applications suitable for the energy transition. While we’ve even begun development of products for space exploration –who is to say the boundaries of the EIC will not also transcend beyond our current world…
About PetrolValves
PetrolValves is a leading flow solutions provider for the energy industry, specialising and pursuing product excellence in the engineering of valves, actuators and systems through advanced technology and delivering high quality services. Its strength comes from the ability to design outstanding solutions and offer services in an efficient way and with the highest standards of reliability.
How has the EIC helped you through the years? Any interesting stories to tell?
Roxtec Global has been a member of the EIC for several years, and I was fortunate to join different office events within the Americas region. In my early career stages, I remember having networking events with the Brazilian office, where several members of the UK oil and gas market were networking with local companies in search of possible business synergies. The EIC has always been a place for quality networking, business development and knowledge sharing. As I developed my oil and gas career, I have always relied on the EIC platform to connect with industry peers, prospects and partners. Throughout the years, the EIC has consistently supported my organisational objectives by providing relevant market intelligence or enhancing our business development capabilities through a well-structured networking framework. I remember when I joined the US organisation, moving from Rio de Janeiro to Houston, and the first place I went was the EIC office in Houston. I knew that having access to their qualified members would allow me to engage with high-level decision-makers within specific target prospects and start my new assignment with more confidence. Right after joining the Houston office, I was invited to take a seat on the Advisory Board for the US region, and I am really grateful for the invitation.
What are the synergies between Roxtec and the EIC?
Roxtec is a worldwide leader in cable and pipe sealing systems, with a diverse portfolio and huge potential for growth. Due to the disruptive characteristics of our solutions, we primarily establish our value proposition through a structured account-based focus. The vast majority of our largest target accounts are related to the EIC, and the different offices provide extensive support for business development, either through one-to-one introductions or very focused events.
Our go-to-market approach has a strong synergy with the EIC business model, so our relationship has been symbiotic since we started our engagement.
Where would you like to see Roxtec and the EIC in the next 80 years?
Our ambition is to maintain our sustainable growth pattern, but we would only be able to reach our goals with the support of strong partnerships in the marketplace. Roxtec has a diversified business portfolio, ranging from oil and gas to power generation, passing through renewables and T&D. The major energy transition happening right now will change how our energy matrix is structured. The EIC is evolving with this trend. If you consider the energy market 80 years from now, we expect to see multiple energy sources, which increases complexity and interactions between stakeholders. The EIC is embracing change to support the transition, and we will continue to consider the EIC as part of our strategic platforms for business development.
About Roxtec
Roxtec develops, manufactures and delivers flexible sealing solutions for cable and pipe penetrations. Roxtec modular-based transits are used for cable sealing and pipe sealing in numerous demanding industries and projects worldwide as the seals provide certified protection against multiple risks, including fire, gas and water. The Roxtec invention for adaptability, Multidiameter™, is based on sealing modules with removable rubber layers and allows for a perfect sealing, regardless of the outside dimension of the cable or pipe.
How has the EIC helped you through the years? Any interesting stories to tell?
I was introduced to the EIC as I arrived in the middle east ten years ago. I always valued the market information as it helped me accelerate my understanding of the GCC and the events allowed me to build up my personal network in the region.
However, it wasn’t until we launched Tyde Digital that I fully appreciated the value of what they offer. From the initial support to join the community, through to invitations to participate in roundtable discussions and pillar events such as ADIPEC, the team has really helped our exposure in the early phases of our business journey.
What are the synergies between Tyde Digital and the EIC?
We are both very data centric businesses who equally focus on the value it generates for people. At Tyde Digital we take a partnership approach to everything we do and it’s clear by the ever growing EIC community that they do the same. Both companies also look to provide customers with information at their fingertips, empowering them to capitalise on those magic moments in front of new potential clients or key internal stakeholders.
We are looking forward to collaborating much more in the future.
Where would you like to see Tyde Digital and the EIC in the next 80 years?
I’d like to think both businesses would maintain a people first approach and help the companies they work with to achieve success.
It’s of course difficult to say where technology will be in 80 years, but I expect both companies will continue to take a human centric approach to adoption, ensuring its leveraged to help businesses unlock their full potential.
About Tyde
Tyde Digital provides digital transformation services to the energy sector working with operators, main contractors, service providers, suppliers and manufacturers.
To win in the digital era you need both exceptional strategy and implementation.
The Tyde team of technology and industry experts partner with you to develop and implement a truly transformative digital strategy, ensuring your business maximises its potential both now and in the future.
Tyde Digital provides a blueprint for companies to understand what initiatives add most value and exactly when they should implement them, ensuring minimal disruption to current operations, long term adoption and traceable ROI.
How has the EIC helped you through the years? Any interesting stories to tell?
Vysus Group has utilised the market data provided by EICDataStream and the information generated by the advisory board for many years. As a global leader in energy consultancy, we have strived for the ability to anticipate our existing and potential clients’ needs in the global marketplace. The data provided by EIC has been instrumental in identifying the most valuable trends and regions to focus on following Vysus Group’s move to North American renewable and grid operations. Being included as part of the EIC energy and the offshore wind advisory boards has been a great personal honour for me. As an American, being a part of the burgeoning offshore wind industry here in the US in its growth period and lending a single voice to the symphony of other industry leaders here on the board has proven to be an enriching experience in my career. What are the synergies between your company and the EIC?
As the concept of what makes up energy evolves as we globally transition toward a carbon neutral future, I feel having broad industry input is essential to guide and grow the technologies and methods that drive that transition to sustainable sources of energy that don’t adversely impact our climate.
Where would you like to see Vysus Group and the EIC in the next 80 years?
In a carbon neutral industry. To be more specific I would like to see by 80 years’ time a world not impacted by global climate struggles like we see today. I would like that world to encompass what are today’s developing countries and include all global stakeholders in that equation. Yes, I understand that isn’t specific to my company or EIC in general, but as our two organisations are on that path together now, I would hope we are part of those solutions that bring about that future.
Vysus Group solves complex problems for investors, developers and operators of fixed and floating offshore wind farms. From initial site selection through planning and design, Vysus Group offers clients confidence to ensure that their wind projects operate at maximum output.
Having supported over 50GW of offshore wind development projects worldwide, Yysus Group applies its extensive experience to help clients reduce the technical, operational and commercial risks to projects from initial bid through to full operation. The company’s dedicated team of offshore wind experts work to make sure that clients’ projects are correctly scoped, designed and operate safely.
Operator: TotalEnergies
Value: US$1bn
TotalEnergies has announced FID on the US$1bn project. Aker Solutions will provide the project’s subsea production system (SPS), tools and all related EPCI interfaces. The contract also covers EPCI interface management in partnership with Saipem Brazil.
Operator: Masdar
Value: US$250m
Masdar and the Government of Ethiopia have signed a joint developments agreement to develop two solar PV projects which when completed will have a combined output of 500MW.
Operator: Hibiki Wind Energy
Value: US$1.5bn
Hibiki Wind Energy has contracted Penta-Ocean Construction to develop the foundations and deliver marine civil engineering services for the project. Nippon Steel Engineering is contracted to perform EPCI works for the jacket foundations.
Operator: ADNOC
Value: US$50m
ADNOC has announced a partnership with Fujairah Natural Resources Corporation (FNRC), Masdar and 44.01 for a pilot project that permanently mineralises carbon dioxide (CO2) within the rock formations in Fujairah.
Operator: Velocys Inc
Value: US$500m
Velocys has contracted Bechtel for the FEED work for the Altalto project. Bechtel is also providing front end project engineering and other technical services to support the development of Velocys’ SAF project portfolio. Velocys is expected to commence construction in 2024 and reach FID in Q4 of 2024.
Operator: Woodside
Value: US$800m
FEED work for the project has been completed and contracts for the key equipment have been awarded. Air Liquide will provide two liquefaction units, Nel Hydrogen Electrolyser has been awarded a contract to supply an alkaline electrolyser. Woodside has confirmed targeting sanctioning the project in 2023.
For more information on these and the 12,500 other current and future projects we are tracking please visit EICDataStream
T he only databas e of UK supply chain companies across all energy sector s
The EIC is delighted to announce that it has now added coverage of a further 45 countries across the Americas to our OPEX database EICAssetMap. The latest release of data highlights the companies working on 19,500 in production assets in the region. Globally the database now maps over 40,000 operational assets across the energy sectors.
Countries include: Antigua and Barbuda, Argentina, Aruba, Bahamas, Barbados, Belize, Bolivia, Brazil, Canada, Cayman Islands, Chile, Colombia, Costa Rica, Cuba, Curacao, Dominican Republic, Ecuador, El Salvador, Falkland Islands, French Guiana, Greenland, Grenada, Guadeloupe, Guatemala, Guyana, Haiti, Honduras, Jamaica, Martinique, Mexico, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Saint Lucia, St Kitts & Nevis, St Martin (Fr), St Martin (Ned), Suriname, Trinidad & Tobago, Turks & Caicos, Uruguay, USA, Venezuela, Virgin Islands (UK), Virgin Islands (US).
www.the-eic.com/MarketIntelligence/EICAssetMap
AsstrA Industrial Project Logistics (part of the AsstrA corporate group) offers clients customised project logistics solutions.
Industrial projects are the most complex undertakings within the logistics arena and, aside from the planning and execution tailored to the needs of a project, require, in addition, consideration of environmental, geopolitical and other issues.
Project logistics management covers everything related to a specific CAPEX project, including multimodal transport of equipment from multiple origins into one work site, time frames (ROS) consulting, route planning/ transportability, customs planning and administration and numerous other factors.
In this business it is all about clear time frames and sequences. The building of petrochemical plants, power generation plants, pipelines, rail infrastructure and rolling stock, airports, industrial plans and other industrial developments all fall under the capability of AsstrA Industrial Project Logistics.
Given that maritime transport is the backbone of international trade and the global economy, one of the company’s flagship services is ocean transportation. AsstrA IPL is heavily engaged in global seaborne trade both in heavylift shipping (a standard requirement in project logistics) as well as RO/RO and containerised movement.
The more complex the requirements for projects and industrial plants become, the greater the expertise and international competence of AsstrA comes into play.
AsstrA Industrial Project Logistics provides the full range of project freight management and transportation services from the suppliers’ origin to receipt at the jobsite supported by cutting edge technology.
said
AsstrA IPL experts provide a range of all and every service supporting turnkey projects of any complexity. Thanks to the group’s wide geographical coverage and network of offices in over 20 countries, a full complement of services are offered by IPL on any project.© 2003-2023 Shutterstock, Inc Crane work at the construction site
Competency assessments are now becoming a go-to tool in the recruitment process as more businesses recognise its ability to help make better hiring decisions. Going beyond resumes, competency assessments take data-driven hiring to the next level by introducing a reliable systematic approach that adds much needed accuracy, fairness and efficiency to the recruiting process.
COMPETAS competency assessments offer quantitative evidence into job applicants’ skills and personality traits so companies can be confident that the person they hire is a good fit for the role.
COMPETAS allows those hiring in the energy sector to recruit candidates that are competent in an industry where safety is paramount.
Start now and create efficient teams. If you’re interested, book a free trial of COMPETAS now. Visit Competas Global https://competas.com/
Some of the COMPETAS benefits:
● Enables best match of individuals skills to the intended work thereby reducing risk of individuals placed in roles they are not competent in.
● Unbiased assessments.
● Assessment results can be presented in both non-anonymised and anonymised format.
● Easy to sit assessments through the remote Proctor environment.
● Easy to understand assessment results, reduces the required skillset to select the right candidate.
● Significantly cuts the time to select the right candidate.
● COMPETAS ‘team viewer’ enables companies a fast search of their candidates/employees.
● Reduces risk in hiring the wrong person – reduces probation anxiety.
● Enables Continuing Professional Development having a better idea of individuals’ strengths and weaknesses, further training where necessary.
● A psychometric evaluation forms part of the assessment which enables a good understanding of personality traits.
● Increased potential for short term hires to be extended due to a good understanding of their specialised competencies over and above what they were initially hired for.
● Potential for recruiters to charge an elevated rate to their clients by supplying COMPETAS results passports.
● GDPR compliant.
W505, West Wing, Metropolitan Square, No 2, Jalan PJU 8/1
Damansara Perdana
47820, Petaling Jaya, Selangor
Malaysia
Contact Amir Chini, General Manager
Telephone +603 7494 6141
Email sales@arrowforging.com
Web www.arrowforging.com
Arrow Anbao Forging is a stockist for butt-weld fittings, forged fittings, flanges from size ½” to 24”. 24” to 66” will be forged according to the client’s request.
The company’s machining shop is able to produce spectacle blind, spade and spacer and other turning parts.
Warehouse TA1-TA2
Jebel Ali Free Zone
Dubai
United Arab Emirates
Contact
Jessica Johnstone, Marketing Manager
Telephone +9714 881 0060
Email jessica@asiawaterjet.com
Web https://asiawaterjet.com/
Asia Waterjet Equipment is one of the largest suppliers of high and ultra high pressure water pumps, hydroblasting equipment and centrifugal pumps in the Middle East and South East Asia.
The company was formed out of a passion for solving problems in challenging environments, whether they be hazardous areas, difficult to clean applications or difficult to pump product.
Headquartered in Dubai and supported by offices in Abu Dhabi, Bahrain, Saudi Arabia and Singapore, AWE has built over 1,000 of the most robust water-jetting and centrifugal pump packages in the region. The company is proud to partner with some of the leaders in its industry segment, bringing the best technology available that improves safety and brings more productive solutions than conventional methods.
Beylikdüzü Mevkii
S.S. Bakır ve Pirinç Sanayi Sitesi Orkide Cd. No: 15, 34520 Beylikdüzü
Istanbul
Turkey
Contact Flori Baruh, Director of Internal Audit, Risk Management & Compliance
Telephone +90 (212) 875 73 76
Email flori@bimedteknik.com
Web www.bimedteknik.com
Bimed has been operating since 1978 as a manufacturer of plastic and metallic medical and mechanical components. Today, Bimed remains a family-owned organisation with more than 600 employees working in a 22,000 sq m facility in Istanbul, Turkey.
The company also has a 3,000 sq m closed area and 20,000 sq m open area production facility in Romania, as well as offices in North America, Germany and Egypt. Bimed is represented through local distribution partners in many other countries.
Bimed’s product range consists of the following groups: cable glands and conduit fittings (both general purpose and hazardous area); pressure balance elements (breather drains and ventilation plugs); disposable medical products.
3-8-8 Ogicho Naka-ku, Yokohama-shi
Kanagawa Kannai First Building 3rd floor Pin Code - 231-0027
Contact Nitin N Limbachiya, Country Manager
Telephone +81 45 663 2021
+91 972 775 6902
Email nitin.limbachiya@furnace-eng.co.in
Web www.furnace-eng.co.jp
Furnace Engineering Inc (FEI) is a well established and globally recognised process fired heater/ furnace and reformer supplier based in Yokohama, Japan. Its has more than 500 fired heaters, hydrogen reformers, ethylene crackers and incinerator packages all over the globe in more than 25 countries.
In 2018 FFI incorporated and commenced operation of its subsidiary company in India, Furnace Engineering Projects Pvt Ltd (FEP). With an experienced team of qualified engineers the company aims to provide quality services with competitive prices.
It is supplying SPIC in Tuticorin with convection modules for a reformer revamp project, a shutdown project to replace air preheater and hot water coil assembly at RCF (Mumbai), a DHDT heater supply for the HRRL refinery, Rajasthan and a VGO heater package for IOCL (Panipat, India).
Wilheim-Harting-Str 1 32339 Espelkamp
Germany
Contact
Guanghai Jin, Industry Segment Manager
Telephone +49 57 72 47 0
Email guanghai.jin@harting.com
Web www.harting.com
The HARTING Technology Group was founded in Germany in 1945 and is now a global leader of pluggable connectivity with 44 sales subsidiaries and 14 production locations around the world.
HARTING’s durable and reliable products and solutions have been the key to the modularity and scalability of the equipment and devices in the industry, railway, mobility, smart infrastructure and energy markets in order to reduce the overall CAPEX and OPEX.
As the ongoing energy transition requires more and more scalable energy solutions, HARTING strives to become the leading provider of pluggable connectivity to drive affordable, reliable and sustainable energy.
Plot 32 Furo Ezimora Street
Lekki Phase One
Lagos Nigeria
Contact Ugochukwu Weli, Senior Manager, Commercial
Telephone +234 (0)1 270 0290
Email ugochukwu.weli@lesenergy.net
Web
https://lesenergy.net/
LES Energy Services Ltd is an indigenous Nigerian company, driven by technology in providing engineering, procurement, construction (EPC), maintenance and training services to various sectors. Its rapid growth and profitability has been a direct result of its investment in innovation, professional and technical enhancement and adaptability to all of its markets.
LES Energy Services Ltd was founded in 2007 with a pioneering vision to become the market leader in the oil and gas sector as well as other chosen sectors, delivering brownfield services that extend assets life cycle, reduce field maintenance costs and ensure the protection of the environment and people.
TUESDAY 6 JUNE
WEDNESDAY 7 JUNE
Level 18, WeWork
Equatorial Plaza
Jalan Sultan Ismail
Kuala Lumpur Malaysia
Contact Muhammad Afifi, Country Manager
Telephone +012 9949 961
Email muhammad.afifi@steegexp.com
Web https://steegexp.com/
SteegeXP was established in 2022 as a truly independent specialist loss adjusting and eXPert services company following a management buyout. The company originated as Steege in 1975, with the new company name serving as both an acknowledgement of the past and a platform for the future.
The company’s global team is recognised as an industry leader by insurance and reinsurance markets worldwide. SteegeXP specialises in the investigation and resolution of insurance claims and commercial disputes. Any claim assigned to SteegeXP will be evaluated in terms of its technical challenges, specific engineering discipline(s), insurance conditions, geography, language and cultural nuances. A dedicated team of independent experts will be specifically assigned to ensure SteegeXP meets and exceeds its clients’ expectations.
Bhd
18-3 Jalan Puncak Setiawangsa 4 Taman Setiawangsa
54200 Kuala Lumpur
Malaysia
Contact
Marzuki Bin Maidin, Technical Director
Telephone +603 4266 7873
Email marzuki@temaulung.com
Web www.temaulung.com
Tema Ulung Energy Sdn Bhd (TUESB) provides innovative approaches to trading, engineering and services throughout the Malaysian oil and gas industry where it can leverage its staff’s existing collective reputation into long-term, cost effective business projects.
TUESB provides engineering products and services to the oil and gas sector. Equipment such as pumps and pump skid packages (API 610, submersible pumps, ISO 5199), instrument valves and manifolds, ultrasonic scale preventers, chemical cleaning solutions, marine/truck loading arms and more. The company is managed by dynamic professionals from various backgrounds. TUESB works professionally and ethically collaborating with potential partners to enhance its technical capabilities and expand its business and activities.
The company’s main clients are major companies involved in the oil and gas sector: upstream and downstream, engineering and fabrication, consultancy, marine and shipbuilding/repair and maintenance, power plant, petrochemicals and the oleochemical industries.
2 Jalan TPP 1/5
Taman Perindustrian Puchong 47160, Puchong
Selangor Darul Ehsan
Malaysia
Contact Nathan Chiam, General Manager
Telephone +603 8062 2257
Email nathan@ tselectricalmarketing.com
Web https://tselectricalmarketing.com/ TS Electrical Marketing designs and manufactures low voltage switchboards and control cabinets with IEC61439-2 & IEC60529 accreditation (EcoXpert Certified: Digital Panel - Master Level).
The company is registered with various Malaysian authority bodies like the Ministry of Finance and the Ministry of Works and Energy Commission. Its affiliate companies are in the business of industrial automation, systems integration, SCADA, energy management, energy monitoring, software development and developing industrial IoT.
This allows TS Electrical Marketing to deliver highly customised solutions for its clients. Coming from the end user/client perspective, the company is able to give better control of time and budget as it is the one stop solution provider for power and control needs.
The various industries it serves in Malaysia and ASEAN include machinery and equipment, food and beverage, batching, edible oil processing, water/wastewater, hospitals, power generation, railways, chemicals and oil and gas.
Abyss Solutions has announced Aberdeen as its new European hub creating up to 30 jobs. The global firm recently moved into its new office at Neospace in the city’s Riverside Drive.
Founded by four scientists and engineers from the University of Sydney in 2014, Abyss Solutions uses machine learning and robotics to inspect assets and detect anomalies such as corrosion for critical infrastructure across land, sea, air and space.
We strategically selected this location due to the proximity of the UK North Sea, Norwegian and Dutch waters, and the multitude of engineering experience that exists here.
AIS has announced the successful award from two major EPCs for subsea thermal insulation on Christmas trees, connectors and PLETs for a major development in Angola.
Martin Shaw has joined the Alderley Group as chief financial officer (CFO) where he will oversee the financial operations of the three Alderley Group companies –Alderley, Kelton and Specialised Management Services (SMS).
Martin’s appointment is a key pillar of Alderley’s growth strategy as an energy sector solutions provider with a growing and successful operational footprint in the UK, Middle East and India.
Martin will form a key part of an experienced executive team headed by CEO, Colin Elcoate, and a senior board consisting of Chair Alan Wilson, and directors Philippa Slatter and Lucinda Rose.
John Murray,head of region Europe and Africa, Abyss Solutions
It currently has offices in Australia, Brazil, Pakistan and USA, but said it had chosen to open in the Granite City due to the ‘experience and talent pool’ available in the northeast. The company said it hopes to hire between 20 to 30 people during the next two years.
The firm’s expansion has been made possible after a recent investment of £12.1m (US$15m) in new venture capital funding from AirTree, an early investor in breakout tech companies, to help drive the organisation’s regional strategies.
For more information:
https://abysssolutions.co/contact/
The AIS team will deploy both ContraTherm® C25 (a flexible material suitable for dynamic applications and flow assurance for complex subsea equipment) and ContraTherm® C55 (the multi-layer composite system has been effectively used in subsea applications for over 20 years) on the project, with the application being performed in several countries including the UK, Angola and Norway. These awards follow on from the successful execution of previous phases of the field development for these key customers. Furthermore, it highlights their confidence in the company’s materials and ability to execute anywhere in the world. i
For more information: www.aisplc.com
Martin joins Alderley from global service provider Swire Energy Services where he spent five years as CFO. At Swire, Martin played a key role in the company’s accelerated growth trajectory to a US$150m company, which involved strengthening the oil and gas business and in a similar fashion to Alderley, diversifying into the low carbon energy space. i
For more information:
www.alderley.com
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 a further order from VWS Westgarth for two titanium API 610 OH2 pumps for use aboard the FPSO One Guyana which is destined for the Yellowtail development project, Guyana.
The Yellowtail development project comprises of six drill centres and up to 26 production and 25 injection wells. Located 200km offshore Guyana, the deepwater wells will be tied back to the One Guyana FPSO vessel for processing.
The One Guyana FPSO will perform produced water treatment functions as well as oil separation and gas injection. It will have an optimum production capacity of 250,000 barrels per day (bpd) of oil and a storage capacity of two million barrels of crude oil, gas treatment capacity of 450m ft 3 a day, and water injection capacity of 300,000 bpd.
VWS Westgarth approached
Amarinth for the two titanium API 610 OH2 chemically enhanced backwash pumps following the successful delivery of similar pumps to the company by Amarinth for two FPSO vessels operating off Brazil.
To handle the highly corrosive fluid, all wetted parts of the pumps will be manufactured in titanium, including the casings, impellers and shafts. Titanium is a difficult material to work with and must be cast under a full vacuum using copper crucibles to prevent the molten titanium attacking the crucible walls. The UK has one of only a few foundries in the world with the capability to cast the large titanium components necessary for the pumps. In addition, Amarinth has a strong relationship with its supply chain enabling it to procure hard to source titanium components.
The API 610 OH2 pumps will be ATEX Zone 2 certified for hazardous areas with IECEx certified motors. With very limited space within the FPSO vessel, the design includes a bespoke baseplate that incorporates a local control station within its footprint. The pumps will be supplied on a tight 38 week lead time, which is necessary to fit the FPSO build in China and combines the new build, multi-purpose hull with several standardised topsides modules.
For more information:
www.amarinth.com
International subsea equipment rental and solutions specialist Ashtead Technology has further expanded its mechanical solutions service offering with the acquisition of Hiretech.
This acquisition provides strong synergies through vertical integration of the supply chain, and meaningfully expands our business...and delivers an enhanced offering to our customers.
Allan Pirie, CEO, Ashtead TechnologyHiretech is a management owned, Aberdeenshire-based equipment rental, service and maintenance company serving the international offshore renewables, decommissioning and conventional energy markets.
Hiretech is Ashtead Technology’s seventh acquisition in the last five years evidencing the organic and inorganic growth strategy set out during its IPO in November 2021 and follows the Group’s acquisition of WeSubsea in September 2022.
For more information: www.ashtead-technology.com
Aberdeen-based Balmoral Comtec has completed the installation of its manufacturing plant at its new advanced composites facility at Montrose Port.
The company invested a sevenfigure sum in the 18,299 sq ft (1,700 sq m) quayside facility where large scale composite components such as subsea and wellhead protection, wave energy structures and manifold covers for the offshore energy sector will be built.
The investment in these premises will help the leading north-east business service the offshore industries more effectively as it strengthens its commitment to the wind, wave and tidal energy sectors.
Founded in 1980 by chairman and managing director Sir Jim Milne CBE, Balmoral already provides protection products (fatigue, impact and abrasion), buoyancy (mooring and cable) and tethering solutions (clamps) to the offshore wind sector. The new manufacturing site at the Port of Montrose will allow the company to deliver its large advanced composite products direct from shore to ship as the sector expands in the waters off the coast of Scotland and further afield.
Having an established reputation for supporting the general cargo and oil and gas industries, Montrose Port supports 400 jobs worth £15m to the regional economy. The Port is actively involved in the renewables sector with the operations and maintenance base for Seagreen now operational as its field seeks to start commercial operations in early 2023. Construction for the Inch Cape wind farm operations and maintenance base will begin at Montrose in 2023. Balmoral Comtec is a division of Balmoral Group which was established in 1980 and has built an enviable reputation in the design, development and delivery of buoyancy, protection and insulation products for the global offshore energy sector.
As an independent company, headquartered in Aberdeen, Balmoral has over 500 people based at its facility in the city and a global presence spanning Europe, North America, South America and Asia Pacific. Group-wide, the company employs 750+ people.
An unrivalled production capacity within its 250,000 sq ft custom-built facility enables the company to provide multi-product, agile and flexible manufacturing with aftersales support delivered by the Balmoral Technical Helpdesk. i For more information: www.balmoraloffshore.com
ChampionX Corporation, a global leader in chemistry programmes and services, artificial lift solutions, automation and optimisation equipment, and drilling technologies for the upstream and midstream oil and gas industry, has announced that it was named ExxonMobil’s 2022 Supplier of the Year.
This is the first time ExxonMobil has awarded this honour to one of its suppliers.
ChampionX president and chief executive officer Soma Somasundaram and members of the company’s leadership team accepted the award at ExxonMobil’s campus in Spring, Texas.
The annual ExxonMobil award programme, which launched last year, recognises suppliers that achieve a high-performance standard to meet ExxonMobil’s business needs. Nominees are evaluated on a variety of criteria including ontime delivery, safety, responsiveness, service quality, innovation capabilities and commitment to sustainability and diversity.
For more information: www.championx.com
Energy leaders met at the end of last year to discuss corrective action to achieve climate targets, as DNV, the independent energy expert and assurance provider, launched its UK Energy Transition Outlook (ETO), revealing that the country is not on track to meet mid-century decarbonisation targets and that the industry and government must mobilise a clear roadmap to attain net zero by 2050.
Over 150 leaders from energy majors, government, representatives from the investment community and representative bodies, attended the launch of the first UK ETO by DNV in London. The report forecasts that while the energy landscape in the UK will continue to shift from fossil fuels, with almost half of the country’s energy demand being delivered by electricity in 2050, this will not be enough to meet the 100% reduction in emissions, legislated for in 2019. The UK will also not meet its nationally determined contribution (NDC) commitment of reducing emissions by 68% by 2030.
A panel consisting of Shirley Oliveira, vice president hydrogen and CCUS advisory services at bp; Laurence Fumagalli, head of UK wind fund, Schroders Greencoat; Dr David Joffe, head of net zero at the Climate Change Committee; Viken Chinien, head of department, enterprise risk management, energy systems at DNV; and Nicola Harris, head of energy, UK and Lloyd’s at AXA XL, discussed how the country can meet its low-carbon objectives.
While the UK has made progress to reduce carbon emissions, the government’s absence of a committed roadmap and relevant business models to deliver on those ambitions is stalling the implementation needed to reduce emissions to the point where net zero goals can be achieved.
In positive news for domestic consumers, household energy expenditure is expected to halve, driven by increased electrification of household heating and passenger transport, however DNV’s report highlights that the transport and building sectors are the major remaining contributors to the total annual emissions by 2050.
Building emissions could be eliminated through a combination of boosting heat pump penetration in up to 20m households and decarbonising the remainder by substituting natural gas with green hydrogen. Investment in underground hydrogen storage is essential in supporting the switch to green hydrogen and to take advantage of low-cost renewables. Almost half of the UK’s energy demand will be delivered by electricity by 2050. Demand seasonality and variability in renewable sources require a smart and flexible system with investment in power grid infrastructure, as well as automation and analytics. Visit DNV’s website for more information and to download the report.
For more information: www.dnv.com
EnerMech has acquired Stork Australia and New Zealand for an undisclosed sum as part of its strategic plan to add scale to its global integrity management business and further its diversification into new markets.
The newly acquired business brings a strong portfolio of clients from a diverse range of sectors including defence, mining, chemicals, and energy industries. The consolidation further strengthens EnerMech’s existing capabilities and solutions within inspection services.
EnerMech has been operating in Australia for thirteen years delivering on many landmark projects and servicing operating assets across alternative energy, energy, infrastructure and mining sectors.
Formed in April 2008, EnerMech provides specialist integrated mechanical, electrical, instrumentation and integrity services to the international energy and infrastructure sectors, from precommissioning through operations and maintenance and late-life support/decommissioning.
The business is focused on offering a safer, more customer-focused, responsive service at lower cost, while delivering a much greater level of engineering and technical support than competitors can offer. In December 2018, EnerMech was acquired by The Carlyle Group, the NASDAQ listed global asset manager.
The addition of Stork’s former Australian and New Zealand business to our portfolio not only increases the scalability of our core service lines, solutions and agility, it also brings a great legacy into the EnerMech family.
Christian Brown, CEO, EnerMechEnerMech specialises in providing integrated supply, operations, maintenance and engineering solutions in its core services of cranes and lifting, electrical and instrumentation, equipment rental, hydraulic products and services, industrial services, process, pipeline and umbilicals (PPU), maintenance and integrity services, training and valve supply and services.
For more information: www.enermech.com
DNV says industry and government must mobilise a clear roadmap to achieve UK climate targets by 2050
Leading global provider of mission critical air and gas handling products, technologies and services, Howden, has agreed a contract with Precision Fabricating & Cleaning to provide a diaphragm compressor package for the innovative ITER fusion project.
ITER is an ambitious energy project to build the world’s largest tokamak, which is a magnetic fusion device designed to prove the feasibility of fusion as a largescale and carbon-free source of energy. A collaboration between 35 nations, the experimental project aims to advance fusion science in order to develop fusion power plants in the future.
Precision Fabricating & Cleaning commissioned Howden to supply a diaphragm compressor package for the tokamak. Although the tokamak itself is experimental technology, Howden’s experience across energy applications, including nuclear, provided the necessary expertise to deliver a technically efficient and reliable product that met project requirements.
Howden delivers reliable compression solutions to a range of highly diversified end-markets and geographies. Developing innovative solutions for its customers, Howden optimises the availability, reliability and installation footprint to reduce the total cost of ownership of customers’ operations.
Major milestone developments from Howden include supplying hydrogen compression solutions for the world’s largest hydrogen refuelling station in China; the world’s first green steel plant in Sweden; and the world’s first climate neutral fuel (eFuel) plant in Chile.
Shell, the leading international energy company, and iNNOVATEQ, a leading digital transformation solutions provider, have signed a multi-year agreement to launch a new commercial chapter for Shell’s production universe (PU) software by integrating the current system with iNNOVATEQ’s Nibras platform.
Shell’s PU is a state-of-the-art software with real-time analytics application for the management of wells in oil and gas production operations. PU uses data driven models of wells while leveraging machine learning to provide real-time well rates and production optimisation.
A globally renowned platform in the oil and gas industry, iNNOVATEQ’s Nibras platform is a digital solution for enhanced asset management and production optimisation. Nibras was engineered with LEAN methodologies, introducing a unique exception based management approach that mimics how the human body operates and handles exceptions through its biological nervous system. It was built to help organisations sustain their business values and returns, while in parallel enabling continuous improvement with an exceptional scale-up architecture.
Nibras has been built as an industryagnostic platform, which has been utilised for over a decade in wells, reservoir and facilities management (WRFM) within the oil and gas industry. It is an agile, customer-focused solution enabling operators to modernise and automate their daily operations while proactively driving decisions using data insights. Nibras is currently being used by 3,000 users in 17 technical and business disciplines to manage over 8,000 wells and more than 11,000 pieces of surface facility equipment.
Kloeckner Metals UK has achieved the BES 6001 ‘Excellent’ rating for its Leeds, Westok, Thurrock and Dudley sites. Assessed by BSI, the BES 6001 certification allows Kloeckner Metals to demonstrate that its products are made with constituent materials that have been responsibly sourced.
The ‘Excellent’ rating is an endorsement of Kloeckner’s dedication to continuous improvement of their management processes and environmental and social impact. This achievement puts Kloeckner in the elite group of 8.33% of UK Steel product companies that have successfully managed to raise their responsible sourcing procedures to the highest possible standard.
Kloeckner Metals was previously awarded a ‘Good’ rating in July 2021. Since then, it has implemented ambitious initiatives and rigorous assessments which allowed it to achieve significant improvements in the areas of greenhouse gas emissions, energy use, waste prevention, waste management, employment, and skills, working with local communities.
Kloeckner Metals UK is one of the leading metal stockholders and processing suppliers in the UK. It is a member of the Klöckner & Co Group, one of the largest producer-independent distributors of steel and metal products and one of the leading metal distribution companies worldwide.
Responsible sourcing is a key part of Kloeckner’s sustainability strategy, and we are incredibly proud that we are among the first companies in the UK to achieve the highest responsible sourcing standard for steel products.
Peter Whiting, CEO, Kloeckner Metals UK
Kloeckner Metals UK offers a diverse range of ferrous and non-ferrous products, sourced from reputable and accredited mill sources in the UK and across Western Europe. As a pioneer of digital transformation in the steel and metal industry Kloeckner Metals continuously strives to add value to its customers by investing into digital technologies and introducing innovative eProcurement solutions.
For more information: www.kloecknermetalsuk.com
A Genesis™ multiphase detector with a 106 inch long Pentarod probe was installed on a 13 foot diameter desalter at a refinery in the eastern United States for monitoring and comparison against an existing Fisher torque tube displacer transmitter. Desalters are an important process element at refineries as desalting removes both salt and residual free water. The goal in this application is to keep the interface level constant for optimum efficiency. The challenge is that interface level must be accurate enough to control and keep free water from contacting the desalter electrodes, which can cause expensive damage.
Commissioning was confirmed via comparison to visual samples taken from side taps with indications showing a torque tube error of up to 20%.
There were immediate results, but over time, an even greater return may be seen in terms of reduced corrosion and fouling in downstream piping/equipment due to tighter control of the emulsion. In addition, level control was improved from 15-20% around the setpoint with the displacer down to 1-2% with the Genesis. They have benefited by this improved control in both time (with respect to maintenance) and money (with respect to chemical additives).
i
For more information: www.magnetrol.com/uk/
The Office for Nuclear Regulation (ONR) has appointed Mott MacDonald as a tier one contractor for civil engineering and external hazards on its newly revised technical services framework.
The firm has also been appointed as a tier two contractor for control and instrumentation, electrical engineering, mechanical engineering, human factors, internal hazards, safety cases, probabilistic safety analysis, radiological protection, radioactive waste management and decommissioning, structural integrity, protective security and cyber security.
The four-year framework, effective from November 2022, will provide ONR with the means to procure technical services and research to support its capacity, in light of growing regulatory demands. ONR independently regulates nuclear safety and security at 36 nuclear sites in the UK and also assesses new nuclear designs in accordance with the high level of standards for safety, security and environmental protection required in the UK.
The UK government recently announced its intention to bolster nuclear capacity to 24GW of electricity by 2050, which would include up to 50 small modular reactors.
Mott MacDonald is a US$2bn 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 expertise by sector includes buildings, communications, defence, education, environment, health, industry, energy, transport, urban development, water, wastewater and more. Its skills encompass planning, studies and design, project finance, technical advisory services, project and programme management and management consultancy.
For every project, Mott MacDonald creates the blend of talent needed to create the right result – delivering great outcomes. i
For more information: www.mottmac.com
The NRL Group is celebrating renewing its carbon neutral certification for a second year with a 27% reduction in its carbon footprint. Which sees its footprint per employee reduced by 0.84 tonnes. The independently verified assessment is undertaken each year by One Carbon World and meets the green house gas (GHG) protocol corporate standard. Reporting includes a reduction in scope 1 emissions of more than 77,443 CO 2 e, which measures direct greenhouse emissions such as fuel used in the transportation of goods and services. As well as a reduction in scope 3 emissions of 15,895 CO 2 e, which includes indirect emissions such as business travel and waste disposal.
Maintaining the carbon neutral international standard is just one way we’re demonstrating to our clients and candidates that we’re passionate about making long-lasting change.
David Redmayne, CEO, NRL GroupThe renewal success follows a continuous focus within the NRL Group to identify ways to reduce and eliminate carbon emissions across its engineering operations – which include recruitment, non-destructive testing to the civil nuclear industry and rail maintenance contracting. Areas of focus included energy, fuel, water, commuting and business travel.
Siemens Energy, ENGIE Solutions, Centrax, Arttic, the German Aerospace Center (DLR) and four European universities, together forming the HYFLEXPOWER consortium, have announced the successful completion of the first stage of an innovative research project on renewable energy. Located at the Smurfit Kappa Saillat paper mill in Saillat-sur-Vienne, France, this programme becomes the first industrial facility in the world to introduce an integrated hydrogen demonstrator.
The aim of the HYFLEXPOWER project is to demonstrate that green hydrogen can serve as a flexible means of storing energy which can then be used to power an industrial turbine. The hydrogen is produced on site with an electrolyser and used in a gas turbine with a mix of 30 volume % hydrogen and 70 volume % natural gas for power generation.
The project marks the implementation of the world’s first industrial-scale power-to-X-to-power demonstration with an advanced turbine with high hydrogen content fuel. In 2023, trials will continue to increase the hydrogen ratio up to 100%.
The members of the consortium are focused on looking beyond 2030 and trialing new technology, such as hydrogen, today. This project will allow the partners to understand the technical feasibility of using hydrogen while retaining much of the existing energy infrastructure. This highly innovative project involves significant collaboration across several industries, academic bodies and research institutes. The project was inspired by the European Commission’s (EC) Hydrogen Strategy for a ClimateNeutral Europe report, which outlines the essential role that hydrogen will play within the European Green Deal carbon neutrality and energy transition initiative.
The stakeholders involved in the project are Siemens Energy, ENGIE Solutions, Centrax, ARTTIC, German Aerospace Center (DLR), and universities NTUA Athens (Greece), Lund (Sweden), Duisburg-Essen (Germany) and UCL (UK).
The project, first announced in 2020, involves significant funding by the European Commission, with two-thirds of the €15.2m investment coming from the EU’s Horizon 2020 Framework Programme for Research and Innovation. The next trials for the HYFLEXPOWER project are scheduled for summer 2023.
Pipeline technology specialist STATS Group has been commissioned by UAEheadquartered oil and gas EPC contractor National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company, on behalf of a national operating company, to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project.
The project is the result of STATS Group’s long-term commitment to support localisation in the Gulf region. The company employs more than 80 people and has facilities in Abu Dhabi, United Arab Emirates, Muscat, Oman and Doha, Qatar.
The scope of work will include the hot tapping and double block and bleed isolation of multiple pipelines with diameters ranging from 42” up to 56” in the Middle East region, using STATS SureTap® hot tapping machines and its patented BISEP® technology.
Significant investment by STATS has extended its range of hot tapping machines, which can now cater for up to 60” diameter cuts. In addition, STATS has also extended its DNV Type Approval on its BISEP and Tecno Plug® technologies, up to 56” in size.
The UK-headquartered company has a long track record of successful isolation and intervention projects in the Middle East using its BISEP double block and bleed technology, which is well established and favoured by many of the international and national oil and gas operators in the region.
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
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 celebrated its oak anniversary by planting an oak tree, symbolising its deep roots in the UK and globally as the voice of the energy supply chain. Please see bit.ly/3HHNMqv
Arrow Anbao Forging is a stockist for butt-weld fittings, forged fittings and flanges from ½” to 66”. These and other turning parts can be forged to clients’ requests. See www.arrowforging.com
The EIC is once again bringing you the North Sea Decarbonisation Conference in London on 16-17 May. To discuss partnership opportunities email eventuk@the-eic.com
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In the current challenging supply chain landscape, ensuring the transit of critical parts is vital for companies like Proserv to maintain a seamless flow of products and services in support of its clients around the world.
Unprecedented global disruption experienced over recent years is making the supply chain a more difficult environment in which to navigate, from natural disasters, such as earthquakes and violent storms, and the first pandemic in a century through to a myriad of geopolitical effects such as Brexit and the outbreak of war in Ukraine on the margins of Europe.
In the past two years, supply chains have been disturbed by cyber-attacks on energy pipelines in the eastern US and container vessels running aground in Egypt – volatility can come in many shapes and sizes.
But let us remember, it is not only at work where we see these impacts. In our daily lives, we will have experienced some form of supply chain turbulence, be that through post and packaging delays or empty shelves in supermarkets. Anyone who has tried to buy a new car over the last 18 months will have experienced delays due to a worldwide scarcity of microchips and semi-conductors.
The breakdown in the expected supply of materials has resulted in shortages of core parts and components. When it can take several months for certain exotic materials to arrive during normal times, imagine the consequences for a supply chain under repeated strain.
The energy crisis, driven by the RussiaUkraine war, has recently pushed inflation to record highs; global prices have spiked, and the resultant fallout has seen an increase in industrial action across both the private and public sectors in the UK. The subsequent impact on families and firms is considerable and is bringing serious economic and social upheaval.
Such events have highlighted the importance of maintaining supply and engaging robust risk management and mitigation policies to protect business. Here at Proserv, we have adapted to this changing environment by deploying multiple approaches and actions. These can be broken down across four key areas: strategy, communication, engagement and resilience.
The development of a clearly defined strategy throughout the company, alongside long-term planning, has been imperative as the disruption being experienced is unprecedented. At Proserv, ‘Security of Supply’ is now embedded within our supply chain procedures as a businesscritical initiative.
Proactive risk identification around vital supplied parts has been conducted to determine what steps are then required: for example, forward ordering, increased levels of stock holding, supplier stocking agreements, supplier led-solutions or even new supplier development are different tools being employed to alleviate any risk. No one solution fits all, and the flexibility of Proserv’s supply chain has been pivotal, but dynamic action has been required.
At the outset, it is essential to effectively communicate across all departments the seriousness of the global supply chain challenges being faced.
Deploying a 360-degree communications philosophy is needed to fully connect with both internal and external stakeholders. Regular engagement and interaction on realworld activities and trends equates to ‘Human Intelligence’, and this represents primary information for use and analysis. The supply chain function acts as a key conduit facing suppliers and vendors. Ensuring this process is a seamless two-way pivot allows organisations to harness information for maximum benefit and accurate decision-making.
It is vital that senior leaders are kept aware, as additional support above and beyond the norm may be required in exceptional times. At Proserv, our senior leadership team and Board of Directors understand the challenges being faced and have provided tremendous assistance. Such executive buy-in makes dealing with difficult supply scenarios much easier for any company.
Proserv’s supply chain team regularly shares any notable disruption being encountered across the business to increase awareness of the external landscape. Utilising internal intranet platforms allows for effective and swift communication of issues and a helpful exchange of experiences.
Meanwhile, regular updates are provided on plans, actions and progress via monthly reports to internal stakeholders.
The need for supply chain teams to be hardwired into an organisation’s sales and operations planning (S&OP) process has never been so important. Early engagement with customers, through sales and into S&OP, is crucial for the communication of the impacts being seen externally: be that lead-time extensions, material grade/component shortages or capacity constraints. Providing that intelligence is a crucial supply chain task. Conversely, being able to make early sourcing decisions to mitigate potential shortfalls is a key strategy for maintaining integrity of supply.
As a technology company, Proserv’s engineering function is front and centre in leading innovation, change and in supporting our customers’ requirements. A supply chain team must drive engagement with engineering to fuse technical and commercial harmony to deliver in a real-world environment. So, it is essential to explore technical opportunities to harness modular or standardised solutions, with supplier involvement and input as needed, and to consider supply sources which are more readily available.
Ongoing supplier engagement, such as sharing forecast intelligence, available capacity and regular communications, plus an increased understanding of our Tier 1 suppliers’ own supply chain issues, better enables Proserv to react to shortages and challenges in the market quickly. Proserv also regularly holds supplier engagement events across our various locations to encourage direct interaction and these are great vehicles not only to maintain relationships but to understand the wider business landscape.
Global disruption is a continual obstacle for organisations to deal with, so they need to build resilience into their supply chain teams when dealing with these situations on a daily basis over a period of years. The regularity of complexities can sometimes seem overwhelming, but supply chain colleagues need to be determined and keep working the problem.
It is important to know that small improvements constitute tangible progress. Perseverance is fundamental and supply chain leaders must be cognisant that more work is currently required than previously to guarantee products are delivered and to ensure supply is secured.
The supply chain environment remains uncertain and it may never return to pre pandemic levels of relative stability. Companies like Proserv must remain focused on confirming ‘Security of Supply’ strategies and dynamic internal and external communications are deployed, to support present and future business growth opportunities.
That means a globally connected supply chain team closely entwined with key upstream functions such as sales and engineering. That means collaborating closely with core suppliers on forecasting and capacity planning.
Guided by regular market insights and feedback and a flexible, adaptable approach, organisations will be much better equipped to navigate choppy waters to safeguard the aims and activities of all stakeholders.
Delivering disruptive technologies
Proserv provides cutting-edge technologies to its customers to support the entire lifecycle of an asset, improving reliability, optimising performance and extending the life of critical infrastructure. By combining technical ingenuity with engineering, manufacturing and field service expertise, the company creates innovative, industry-leading solutions that are flexible and agnostic by design, able to be integrated into any existing system.
Proserv’s technology ethos prioritises regeneration, upgrade and augmentation before replacement, widening functionality and capability, while minimising expense, saving time and reducing environmental impacts.
Proserv has an extensive brand heritage spanning almost 60 years and continues to build its capabilities and expertise through the latest research and development, together with strategic acquisitions.
For more information visit www.proserv.com
Get in touch Any EIC members who wish to be profiled in this section please contact Léliam de Castro...
Email leliam.castro@the-eic.com
In the world of offshore wind energy in the APAC region, Japan and Taiwan are the markets to keep an eye on. The development of 30 to 45GW projects and an increase in local procurement by 2040 are the goals set forth in the Offshore Wind Industry Vision for Japan. Over the past few months, Japan’s goals to deploy up to 10GW of offshore wind power by 2030 have advanced quickly, in part due to faster measures to rectify a supply and demand imbalance.
In accordance with the plan outlined in its Net-Zero Emissions report published in early 2022, Taiwan has adopted important goals for offshore wind. By 2050, the island should generate at least 60% of its total energy from renewable sources. Additionally, it sets a goal of 40GW of wind generating capacity by 2050, with 20MW expected to be operational by 2035. The government intends to build 450 onshore wind turbines and 600 offshore wind turbines by 2030, with a total capacity of 4,200MW, of which 1,200MW will be for onshore and 3,000MW will be for offshore.
With this in mind the EIC’s international trade team is proud to be showcasing the UK capabilities at Wind Expo Japan in Tokyo and Wind Energy Asia in Kaohsiung, both taking place in March 2023.
The EIC is going to host the UK pavilion and trade mission to Wind Expo Japan in partnership with the Department for International Trade. We are proud to represent a group of thirteen companies from all over the country.
On 7 March, a webinar panel discussion will be hosted by DIT in order to promote the UK group to Japanese buyers in advance of the show and networking reception. Please do get in touch with the team if you wish to tune into the latest hot topics in this thriving industry.
We are then returning to Japan for a full week of in-person activities for the first time since 2020. Commencing with an ice-breaker event at the British Embassy in Tokyo, followed by the mission briefing. We will discuss the current offshore wind market in Japan, and how UK companies are involved by showcasing the companies that have been successful in this market.
We will be exhibiting at the show between 15 and 17 March. The UK pavilion is located just in front of the main entrance, so it will not be difficult to find us. We are gearing up for the busiest Wind Expo Japan to date, and are looking forward to welcoming Japanese visitors to our lounge.
The EIC’s energy analyst, Madana Leela will provide an Offshore Wind APAC Outlook presentation on Thursday 16 March at 10:30 in the offshore wind presentation area. Please make sure to stop by if you are visiting.
Our team has been following this show closely for some years, but the recent pandemic deemed our earlier plans of exhibiting impossible. We are now very excited to be hosting our first UK pavilion at WEA this year. It’s been a long time coming.
We are proud to be taking a group of six companies to the show with plans to grow our pavilion in the coming years. We will be launching the EIC zone at WEA in 2024, and we hope to involve EIC’s APAC region members in the future.
For 2023, we will be hosting a networking drinks reception at the UK pavilion lounge where we plan to introduce VIP buyers and host VIP pavilion tours. For more information on both of these events please contact natalia.bawolska@the-eic.com
Spring is in the air. Flowers are starting to bloom, leaves are growing on the trees, and we can sense the much needed longer, warmer, lighter days ahead. EIC is also ‘springing’ into action to bring you a number of not to be missed events.
As always, keep updated on our upcoming events via our events calendar on our website and our marketing emails sent out weekly.
For further information or to find out about any of our forthcoming events please email eventsuk@the-eic.com
Jo Campbell
Jo Campbell Regional Director, UK & Europe jo.campbell@the-eic.com
Having recently delivered our inaugural EIC Connect Oman we were delighted to see record numbers of you joining us in Oman for what may have proven to be the largest UK delegation into the country. The networking alone was something to behold and illustrates why our Connect events are a must attend on the calendar. One clear take away is a recommendation to keep an eye on the growing green hydrogen market in Oman. A special thank you to all speakers, sponsors and attendees for making it such a great event.
Ryan McPhersonIn order to maintain this momentum, we have now launched EIC Connect UAE on 16 May in Abu Dhabi and our inaugural EIC Connect Baku on 30 May, the latter of which will take place just before Baku Energy Week. Hopefully we will see as many of you as possible and you can find more details on our website.
As EIC celebrates our 80th anniversary we will also be hosting a black-tie event aboard the QE2 to honour this significant achievement. Please join us where there are sponsorship opportunities available for those wishing to gain some extra exposure.
Following on from the success of our Business Opportunities Breakfast with McDermott, we are pleased to welcome Technip Energies in June. These events are always popular so be sure to book your place today.
By the time you read this we will have announced the winners of our Annual Golf Day where I look forward to announcing the winning team in due course.
In order to improve our standing across Africa I am about to convene our first ever EIC Africa Advisory Committee and would like to hear from any EIC members or key stakeholders who wish to be part of this committee.
Our annual Survive & Thrive publication has now reached 100 entrants with a significant amount coming from the region. I look forward to holding the interviews with those submitting applications in the coming weeks and wish you the best of luck in the awards taking place later on in the year.
Finally, with our data showing a rise in activity in all sectors across all regions, we are surely in a unique position within the industry where I encourage you all to take advantage of the market intelligence tools and global events on offer across the entire EIC family.
Ryan McPherson Regional Director, Middle East, Africa, Russia & CIS ryan.mcpherson@the-eic.com
Masdar has opened an office in Azerbaijan’s capital Baku and pledged to strengthen its support for the central Asian republic’s renewable energy programme. Azerbaijan aims to generate 30% of its total power capacity from clean energy sources by 2030. This follows on from Masdar recently signing agreements with Azerbaijan’s state oil firm SOCAR to develop renewable energy projects with a total capacity of 4GW.
ADNOC has signed agreements worth US$4.63bn with 23 local and international companies to boost the UAE’s manufacturing sector. In 2021 the UAE launched its industrial strategy Operation 300bn to position itself as a global industrial centre by 2031. The 10-year road map focuses on increasing the industrial sector’s contribution to the country’s gross domestic product to Dh300bn in 2031, from Dh133bn in 2021. The strategy focuses on boosting production in 11 priority sectors, supporting the growth of national industries, attracting foreign investment, modernising legislation and ensuring the availability of dedicated financing for local companies.
Please go to page 32 to see upcoming events around the world
In February 2023, EIC APAC hosted our first-ever Sports Day. This event was held in conjunction with the EIC’s 80 th anniversary celebrations bringing together member companies and industry friends to showcase their athletic abilities in a badminton doubles match. More than 100 attendees from various energy industries in Kuala Lumpur were present at the event to celebrate the occasion.
In March, EIC APAC will be hosting the EIC APAC business lounge at the Australia Oil & Gas Exhibition & Conference (AOG Energy), from 15-17 March 2023 in Perth, Australia.
As we enter the month of Ramadan in March, EIC APAC will be hosting the EIC APAC Iftar networking event in Malaysia. Iftar is the evening meal when Muslims end their daily Ramadan fast at sunset, it’s a time for family, community and networking. Our networking event, on 30 March 2023 in Kuala Lumpur, will bring together industry leaders from the energy sector in Malaysia to connect, share ideas and make valuable connections over a delicious Iftar meal.
It’s an exclusive and valuable opportunity to expand your professional network, learn about the latest trends in the industry and discuss potential business opportunities, all while breaking your fast in a luxurious setting. Don’t miss this chance to be a part of this exciting event, register today and make the most of this opportunity to grow your business. For more information contact Email abhi.aruna@the-eic.com Mobile +6011 6963 4929
In May 2023, EIC APAC will be organising our flagship Asia Pacific Energy Conversations 2023 (APEC 2023) event. APEC 2022 was a huge success. The event was officiated by the Deputy British High Commissioner to Malaysia, Dave Thomas. We also had in attendance the group CEO of Sarawak Energy, Datu Sharbini Suhaili, the vice president and chief sustainability officer of PETRONAS, Charlotte Wolff-Bye, and the country chairman for Shell Malaysia, Ivan Tan. APEC 2023 is geared towards enlightening the energy community especially SMEs in the region on how the energy landscape is evolving in APAC. The theme will be focused on opportunities in decarbonisation and digitalisation as well as avenues for SMEs to diversify their businesses.
Azman Nasir Head of Asia Pacific azman.nasir@the-eic.comHoneywell UOP has been awarded a contract to be the carbon capture technology provider for the Arthit CCS project. Honeywell will utilise its SeparexTM membrane technology for the project. Subject to a successful financial investment decision (FID), Honeywell will provide FEED services in addition to providing precommissioning and startup support. PTTEP expects the project to start storing CO2 in its depleted wells later this year and is set to be one of the largest commercial facilities in the Honeywell APAC region.
Samat LNG Corporation has received a notice from the Department of Energy to proceed with the project in Bataan province north of Manila. The proposed US$67m receiving terminal and regassification facility will have an annual capacity of 200,000 to 400,000 tons of LNG imports that can fuel small independent power producers, manufacturing companies and transport fleets. The project is targeted to start commercial operation by the first half of 2024.
March is quickly approaching and I would like to take this opportunity to announce and remind our EIC community of EIC members and non-members of a few upcoming regional events. As a reminder,
Wednesday 1 March at 7pm CST our region will be hosting its first corporate entertainment event of the year – EIC Night with the Houston Rockets v Memphis Grizzlies. During this event, EIC members and non-members will have the opportunity to network and watch a great sporting event with a reserved seat from the lower corner of section 116. Seating for this event is limited. To book your place today, please visit www.the-eic.com/EventDetail?dateid=3713
To learn more about sponsorship packages and the company profile raising benefits available, please email adriana.romo@the-eic.com In addition to our corporate entertainment event, our region is hosting a Sector Update covering CCUS on Thursday 9 March. This sector update is open to both EIC members and non-members. To reserve your seat please visit www.the-eic.com/EventDetail?dateid=3735
If you have not subscribed to our North and Central America mailing lists, please email adriana.romo@the-eic.com to receive updates, reminders and all marketing surrounding our region.
Wednesday 1 March 2023
The EIC North and Central America region will be joining the Houston Rockets and the Memphis Grizzlies on Wednesday 1 March 2023 at 7pm for a night of basketball and networking. There are limited seats to this event, so book your place now and join us. To register for this event, please visit www.the-eic.com/EventDetail?dateid=3713
Sector Update: CCUS
Thursday 9 March 2023
As the world watched Egypt host countries from around the globe to discuss the climate goals outlined and agreed under the Paris Agreement, the United States during the Global Stocktake process, GST, discussed the role CCS will hold in the Inflation Reduction Act. We would like to bring together the EIC community for a CCUS Sector Update presentation from major players. To register for this event, please visit www.the-eic.com/EventDetail?dateid=3735
Amanda Duhon, Regional Director, North & Central America amanda.duhon@the-eic.comEIC Night with the Houston Rockets v Memphis Grizzlies
Wednesday 1 March 2023
www.the-eic.com/EventDetail?dateid=3713
Sector Update: CCUS
Thursday 9 March 2023
www.the-eic.com/EventDetail?dateid=3735
Offshore Wind Opportunities
Thursday 30 March 2023
Membership Open Day
Wednesday 5 April 2023
Regional Showcase: Opportunities in Canada
Thursday 18 May 2023
According to data released by the Federal Energy Regulatory Commission (FERC), solar power will represent 66% of US projects between December 2022 and November 2025. While natural gas, nuclear power and coal will see more project withdrawals than additions, solar energy could double its total available installed capacity from the current 78GW to 152GW. Wind and hydropower will also experience substantial growth. If FERC’s forecast becomes reality, over 32% of the country’s generating capacity will come from renewables.
The Inflation Reduction Act (IRA) might induce investments in the US renewable energy market to grow annually from US$64bn to US$114bn by 2031, says a Wood Mackenzie report. While the onshore and offshore wind segment might benefit from the policy, domestic solar PV manufacturers are unlikely to meet the country’s required equipment demand on their own.
Please go to page 32
to see upcoming events around the world
Join us at the upcoming Breakfast in Rio series on 23 March: Offshore Services – OPEX and ABEX Opportunities with Ocyan. A local player with key Petrobras contracts, Ocyan specialises in providing solutions for the upstream offshore oil and gas industry in Brazil and abroad. The company’s fleet comprises of five drilling units and two FPSO (floating, production, storage and offloading) vessels. Ocyan also develops SURF projects, manufactures and installs subsea equipment, and provides offshore maintenance services.
The year began with another successful EIC Breakfast in Rio. Earlier in January we had the opportunity to receive Origem Energia – a newly formed Brazilian operator with five years’ expertise – to speak about Onshore and Nearshore Opportunities in the E&P Sector. Gabriel Camargo, supply chain manager, delivered a presentation on Origem’s asset portfolio, which includes two important energy hubs in the Brazilian northeast. Tucano Sul is a self-sufficient and fully integrated hub with four exploration blocks, four producing fields, 91km of pipelines and 45 wells.
Brazil’s Ministry of Mines and Energy (MME) has reported that 2023 will see the country’s utility-scale installed capacity grow by 10.3GW, with over 90% driven by solar and wind developments. The states of Bahia, Rio Grande do Norte and Minas Gerais will jointly bring about the installation of 7.5GW, strongly representing how the solar PV and onshore wind sectors have become indispensable in Brazil’s ongoing effort to diversify its hydro-dependent power matrix. MME stated the expected increase, if indeed executed, would represent the single largest annual increment to the Brazilian grid ever since monitoring began back in 1997.
The company also owns the Alagoas hub which has 270km of pipelines and seven fields. During the presentation the speaker highlighted opportunities for suppliers in small-scale LNG, E&P, engineering, construction and assembly projects. We are looking forward to organising our second trade delegation to Guyana on 18-21 April. Delegates will be able to meet major players in the oil and gas market and have access to key networking opportunities. Book your place by emailing internationaltrade@the-eic.com
Clarisse Rocha, Director – Americas clarisse.rocha@the-eic.com
The Colombian Minister of Mines and Energy, Irene Vélez, has declared that the country will no longer approve new oil and gas exploration permits. This decision is aligned with the presidential campaign, where the now-elected president Gustavo Petro reassured the importance of growing the renewable energy portfolio and terminating the dependency on fossil fuels.
