Inside Energy May 2021 by Energy Industries Council

EIC Inside Monthly news for EIC members May 2021

Spotlight on technology

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Mind the gap – NOCs vs IOCs vs IECs in the race to Net Zero

V E IR CO NE TU R A M Th ONDA NF G L Y e Y 14 J E ye UN R EX E ar E – TH of URSD NC PO CO AY 17 E R JU

BO O N KI O N W G 202 1

Sector analysis

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Database with 1,000 operational assets for energy O&M opportunities launches in Australasia

TÜV SÜD National Engineering Laboratory launches its Data Analytics service

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Sector analysis

Mind the gap – NOCs vs IOCs vs IECs in the race to Net Zero COP26 is around the corner and with investors and the public demanding the meeting of Paris Climate Agreement targets by nations, the operators have been engulfed in a flurry of diversification activity and business restructuring. The importance of these actions cannot be understated as the climate goals set out in the Paris Agreement aim to cap the rise in global temperatures at below 2⁰C above pre-industrial levels by 2100, with 1.5⁰C being the ideal. A secondary factor for this diversification is that oil and gas is seen as too volatile to pin long term portfolio hopes on, with forays into renewables and clean tech becoming increasingly commonplace. The race towards meeting Net Zero carbon emission targets by 2050 or sooner is heating up; with 11 countries having either enshrined net zero targets in law or having proposed legislation for targets. To add to the shift, countries such as the Republic of Ireland and Denmark have announced that they will be ending exploration licences for oil and gas by 2050, with the potential for the UK to announce a similar scheme with a target of 2040 in the lead up to COP26. Despite these positive actions, the question remains: ‘Will the goals set by the Paris Agreement be met?’ The answer, as always, is complicated. A gulf is rapidly opening up between the so-called IOCs (international oil companies) – now increasingly marketing themselves as IECs (integrated energy companies) – and the NOCs (national oil companies) with regard to their energy transition targets. As of April 2021, majors bp, Shell, Equinor, Total, and Eni have all made a concerted effort to diversify their portfolios from traditional oil and gas projects into the renewables and clean tech markets. Repsol and Eni currently lead the pack in terms of net zero commitments, stating that they will target net zero across their global operations, products and customers (encompassing Scope 1, 2 and 3 emissions) by 2050 or sooner. Even within the IOCs the differences in planning between some of the US majors such as Chevron and ExxonMobil and the western IOCs such as Total, bp, Eni, Equinor and Shell is striking. Unlike the European-based IECs, these supermajors have been unwilling to commit to mid-term and long-term targets for reducing carbon emissions, preferring instead to take a ‘slow and steady’ approach. Chevron and ExxonMobil are ultimately concerned about diminishing their returns by diversifying into new, unfamiliar business lines like the renewables sector. Consequently, they have made very little moves into the sector and are instead focusing on emissions reduction technology to complement their existing business such as carbon capture and storage, and direct air capture.

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Chevron has made no firm net zero commitments to either the medium term (2035) or long term (2050), stating that it prefers to stick to shorter term targets. To this end it has set out new targets to lower emissions per barrel produced by a third over the next seven years. ExxonMobil has taken a similar stance to Chevron, and has laid out plans to lower its emissions up to 2025; its target is that every barrel of oil produced in 2025 generates one-fifth fewer emissions over its life cycle than in 2016. This short term-based thinking from the US supermajors has raised alarm bells with investors and activists, who are concerned that there is no sign of these operators decreasing production in future. The NOCs have been slower off the mark in announcing their net zero ambitions. Those who have pinned their colours to the mast include Petronas and PetroChina, however other NOCs are struggling to commit. According to a report by the Natural Resource Governance Institute, the NOCs are on course to spend US$414bn over the next ten years on oil and gas projects. These are set to include ADNOC, which is set to spend US$122bn from 2021 to 2025 with Pertamina recently announcing that spend from 2020 to 2024 will be US$92bn; of which US$64bn will be dedicated to upstream investment, US$20bn will be invested in downstream, and US$8bn on gas, power and renewables – a clear sign that they are certainly not done with hydrocarbon investment. This continued investment in fossil fuels comes at a time when countries are considering re-opening in the wake of the global vaccine roll-out, offering hope for the oil and gas industry that normal service may yet resume. On the back of this, operators have raised the need for more fossil fuel investment over the next decade since there isn’t currently enough renewable energy to fuel global energy demand; highlighting the transition’s delicate balancing act. A side effect of operators attempting to meet net zero targets, is the divestment of non-core, high-polluting, mature assets. With these assets increasingly falling into the hands of the NOCs as the IOCs diversify into IECs, and with hydrocarbons in it for the long haul, the focus should turn to how best to help high polluters within the NOC community reduce their emissions in a phased manner. Diveena Danabalan Senior Energy Analyst & Strategic Relationship Manager – Oil & Gas diveena.danabalan@the-eic.com

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

Inside this issue... May and June will see two of the EIC’s biggest virtual events take place, with thousands of delegates expected to network Mark R isley and hear from the world’s top energy companies with a specific focus on decarbonisation, energy transition, the road to COP26 and the race to net zero. The North Sea Decarbonisation Conference is just two weeks away, a new event from the EIC and co-organised by Agoria, Danish Export Association Energy, IRO and World Forum Offshore Wind. Sessions across the two days will focus on offshore wind, hydrogen, ocean energy, CCUS, offshore electrification and power networks, financing technology to net zero, and waste to X. Each session is packed out with exciting speakers, including some of the biggest names in energy. There’s still time to sign up to hear from bp, Nel Hydrogen, Equinor, Ørsted, Shell, Drax, Vattenfall, DNV, ABB, CNOOC, TenneT, Siemens Energy and many more. Hot on the heels of The North Sea Decarbonisation Conference will be the 2021 Energy Exports Conference, a now established brand in the energy events calendar. Taking place on screen from 14-17 June, EEC 2021 will highlight key energy export opportunities from around the world with a renewed focus on clean technology sectors and technologies. The mammoth agenda has just been announced, with panel sessions including The Energy Transition: Identifying the Immediate and Long-Term Opportunities for the Energy Supply Chain; Digitalisation – The Role of Digitalisation in International Advancements and Creating Export Opportunities; and Global Opportunities in Hydrogen. International delegations will highlight export opportunities in the Netherlands, India, Africa, the US, Taiwan, Japan, Bahrain, Brazil, Guyana, Saudi Arabia, India, Chile, Australia and Angola. Confirmed speakers so far include Petrofac, Bechtel, Worley, Aramco, Aker Carbon Capture, Nel Hydrogen, Northland Power, Rolls-Royce, Storengy and Wood, with regular additions expected over the coming weeks. Also speaking at EEC 2021 will be the EIC’s Diveena Danabalan, Senior Energy Analyst & Strategic Relationship Manager, who features in this edition of Inside Energy. Diveena comments on the gulf of differences opening up between the European, US and national operating companies regarding their commitments to reduce carbon emissions from scopes 1, 2 and 3.

The North Sea BOOKING NOW Decarbonisa on Conference TUESDAY 11 MAY WEDNESDAY 12 MAY 2021

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Sector analysis

Inside this issue...

EIC databases

EEC sponsor Petrofac

Spotlight on technology 9 New EIC members

Member news

Social media round up 17 Forthcoming events

International trade

UK and Europe news 21

Mark Risley, Head of Marketing and Communications mark.risley@the-eic.com

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Contents

Middle East news

Asia Pacific news

North America news

South America news 25

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EIC (Energy Industries Council)

DataStream AUSTRALIA

Global opportunities BELGIUM

TURKEY

Caldita and Barossa Gas Fields

Zeebrugge LNG Terminal Expansion III

Adana PDH and PP Plant

Operator: Santos Value: US$3.6bn Santos has announced that a final investment decision (FID) has been taken on the gas and condensate project. BW Offshore has been awarded a major contract for the construction, connection and operation of the FPSO.

Operator: Fluxys Value: US$500m Fluxys has awarded Sacyr Fluor the EPC contract to expand the regasification of the plant and to reduce emissions, as well as increase and automate the number of LNG truck stalls. FID was taken in February for the project.

Operator: Ronesans Holding Value: US$1.4bn RHI and GS Engineering and Construction (GS E&C) have been awarded a lump-sum turnkey EPC contract for the PP project. GS E&C will undertake the engineering and procurement part of the LSTK.

For more information on these and the 10,000 other current and future projects we are tracking please visit EICDataStream

i UK

Battery Storage Plant Capenhurst Operator: Zenobe Energy Value: US$100m Zenobe Energy plans to develop a 100MW battery storage facility in Capenhurst in north west England. Once operational in April 2022, the facility will be the largest in Europe and the first in the world to absorb reactive power directly from a transmission network.

Bayou Fuels Biomass-To-Fuels CCUS Project Operator: Velocys Value: US$300m The pre-FEED and federal permitting for the Bayou Fuels biomass-to-fuels project have been completed. Velocys plans to sanction the Bayou Fuels project in Q4 2021.

Empire Wind Offshore Wind Project Operator: Empire Offshore Wind LLC Value: US$3bn Cobra Instalaciones y Servicios has secured the FEED contract for the project’s gravity base foundations with work to be completed in August 2021. Nexans has signed a preferred supplier agreement to connect the two phases of the project to New York State’s onshore grid.

SupplyMap The only database of UK supply chain companies across all energy sectors Need ayour demonstration of EICDataStream, EICAssetMap, EICSupplyMap? Get in touch Share news and views... Pleasenewsdesk@the-eic.com contact membership@the-eic.com Email • Phone +44 (0)20 7091 8600

AssetMap

EICAssetMap

Australasia Join us

Asset-tracking database with 1,000 operational assets for energy O&M opportunities launches in Australasia EICAssetMap now maps all key energy assets in all energy sectors across the Australasia continent, including Australia, New Zealand, Papua New Guinea and Timor Leste. Gain access to asset information on 511 fields, 96 hydropower plants producing 11GW, 157 conventional power plants with a combined capacity of 53GW, 90 wind farms with a capacity of 8.3GW, and 37 solar farms producing 2.9GW. Companies can grow their business by identifying and engaging with key targets in the operator, developer and O&M contractor community in Australasia with this fully interactive map-based database.

key energy markets around the world in all energy sectors to find new O&M business opportunities Search for operational assets in

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Platinum sponsor

Petrofac returns for the 2021 Energy Exports Conference as key strategic partner The leading international service provider joins the event as Platinum sponsor to support exports across all energy sectors. The Energy Exports Conference (EEC) 2021 will be joined by Petrofac as its leading sponsor, helping attendees to identify global energy opportunities and meet key decision-makers at leading operators, developers and contractors on-screen from 14-17 June. Petrofac, the leading international service provider to the energy industry, returns after its role as Platinum sponsor at EEC 2020 in what was the first fully digital version of the exhibition and conference. John Pearson, Chief Operating Officer and Chief Corporate Development Officer at Petrofac, said: “For decades the UK supply chain has been setting standards across the global energy stage.

John Pearson continued: “In our business, our export potential lies in our people, their skills and the services they deliver. The global relevance of the expertise we have built in the UK, from FEED through to decommissioning, is well demonstrated in the projects we’ve been awarded recently in other mature, highly regulated basins like Australia. “As a collective, to realise the UK’s export potential in sunrise industries like CCUS, hydrogen and waste to energy, we must work together to develop a globally competitive proposition and anchor key capability to the UK – EEC 2021 also provides a key forum to engage in these discussions, and collaborate on a way forward. Petrofac is very pleased to play its part.”

“As efforts to decarbonise oil and gas operations, and adopt new, low carbon technology ramp up, the transition provides an entirely new growth horizon and export opportunity. “Industry bodies like the EIC and its Energy Exports Conference are doing a fantastic job of making these opportunities visible, introducing the supply chain to new clients and their projects.” Key themes at the event will include: • Clean tech global opportunities (embracing the energy transition), covering offshore and onshore wind, solar, hydrogen, repowering, energy from waste, biofuels and geothermal opportunities. • International market opportunities and delegations, covering all energy streams, decarbonisation, nuclear new build and SMR, oil and gas, petrochemicals and CCUS. • Decommissioning opportunities covering oil and gas and nuclear global projects. The event, now in its third year, is an energy exportfocused initiative led by the Energy Industries Council and its organising partners Aberdeen City Council, Decom North Sea, Department for International Trade (DIT), Highlands and Islands Enterprise (HIE), OGUK, Oil & Gas Authority (OGA), Opportunity North East (ONE), Scottish Development International (SDI), Scottish Enterprise (SE) and UK Export Finance (UKEF) and supported by Platinum sponsor Petrofac. Get in touch Share your news and views...

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To find out more about the event and book a free delegate place, please visit: www.the-eic.com/EEC

VIRTUAL BOOKING N ENERGY EXPORT CONFERENCE MONDAY 14 JUNE – THURSDAY 17 JUNE

The year of COP26

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Spotlight on technology TÜV SÜD Ltd

www.tuvsud.com

NEW DATA ANALYTICS SERVICE MINIMISES OIL & GAS OPERATING COSTS

TÜV SÜD National Engineering Laboratory has launched its Data Analytics service to help oil and gas operators minimise flow meter downtime and maintenance, significantly lowering operating costs. The total cost of calibrating an offshore flow meter is estimated to be in the region of US$50,000 or more, once all costs incurred are accounted for. Traditionally, irrespective of whether a flow meter is deviating from its required operating parameters it will be routinely scheduled for recalibration and operations stopped unnecessarily.

Validation of models created by the Data Analytics service can be conducted in TÜV SÜD National Engineering Laboratory’s accredited calibration facility. This increases end-user confidence in results by reducing any levels of error, assuring them that the problem-solving method suggested by the Data Analytics service will be effective in the real world.

The new Data Analytics service will enable operators to move away from this time-based calibration approach to condition-based calibration, by using statistical modelling techniques to predict meter performance based on live and historical data. In addition, diagnostics information can be used to understand what may be negatively impacting a meter by analysing hidden patterns to identify specific fault conditions. This could include incorrect installation, instrument damage, particle deposition, the presence of an unexpected second fluid phase, and upstream or downstream flow disturbance.

Gordon Lindsay, Head of the Digital R&D Group at TÜV SÜD National Engineering Laboratory, said: “Thanks to advances in technology and increased connectivity through the Internet of Things, vast amounts of data exists but only a fraction of its potential benefit is realised. Our new Data Analytics service uses data in real time to detect when a meter is not performing to specification and identify the cause of this failure. Recalibrations are both costly and labour intensive, so proactively determining the optimal calibration date delivers increased measurement confidence, reduced downtime and cost savings.”

Any EIC members who wish to be profiled in this section please contact Mark Risley, Head of Marketing and Communications: mark.risley@the-eic.com Get in touch To be profiled in this section please contact Email mark.risley@the-eic.com

New EIC members NEW PRIMARY AMERICAS MEMBER

Cargo Live Logistics 5343 W. Imperial Hwy Suite 900 Los Angeles CA 90045 United States The Nominated Representative is Mr Fayçal Boumerkhoufa, VP Industrial Telephone +1 713 377 8209 Email faycal.boumerkhoufa@ cargolivelogistics.com Web www.rockitcargo.com Rock-it Cargo is a specialty freight forwarding and logistics company that provides customised solutions for its dynamic client roster in the entertainment touring, corporate live event, sports, broadcast, television and film and tradeshow/ exhibitions industries. Rock-it Cargo is an umbrella holding for five additional wholly owned brands that provide critical logistics solutions to unique end markets around the globe: SoundMoves (music touring, live events), CargoLive Logistics (motor sports, industrial projects, cargo charters), Dietl (fine arts in North America), Cosdel (classic cars) and Waiver (live events in South America). Rock-it was established in 1978 and over 400 dedicated employees bring more than four decades of experience and expertise to make a difference for customers when failure is not an option. With a global presence in 13 countries and 39 offices, and over 200 long term partner agents, Rock-it is prepared to handle all international, time-sensitive, fragile and complicated freight moves.

Get in touch Share your news and views...

NEW GLOBAL MEMBER

Delta Energy Services AS

Fire & Gas Detection Technologies

PO Box 388 Sentrum Stavanger 4002 Norway

4222E Palma Avenue Anaheim CA 92807 United States

The Nominated Representative is Mr Martin McDonald, Operations Director Telephone +47 51 636 900 Email mgm@des-global.com

The Nominated Representative is Mr Iain Evans, VP Sales Telephone +1 714 671 8500 Email ievans@fg-detection.com

Web www.des-global.com

Web www.fg-detection.com

Since forming in Stavanger, Norway in1998, Delta Energy Services has been recognised as a reputable company involved with supply of quality vendor inspection and expediting services within the oil, gas and renewable markets. It offers clients a full 24hr/7 day week service across Scandinavia, the UK, Europe, US, Middle East, Asia and other worldwide locations.

Fire & Gas Detection Technologies offers a full range of IR3 and UVIR flame detectors for all types of fires including hydrocarbonbased fuel and gas fires, hydroxyl and hydrogen fires, metal and inorganic fires and high-speed explosion detection.

With ISO certification, Delta Energy Services provides experienced personnel both on/offshore for single/multiple inspection visits or the option to cover with residential personnel during the life of any project. Client services further extend to professional manpower recruitment, providing engineers, technicians and industry specialists to many worldwide operators and contractors. From its offices in the US, Norway, UK, UAE, Kazakhstan, Korea, Indonesia and Australia, Delta Energy Services has the access and experience you seek to partner you on your project.

Email newsdesk@the-eic.com • Phone +44 (0)20 7091 8600

With optional integral video, FGD offers a HD video output function across the range enabling connection to DVR recording systems for fire confirmation, security and other AI based applications. Accompanied by a wide range of accessories including flame simulator test lamps, air shields and weather covers, FGD offers the best flame detection and security solutions.

TUESDAY 11 MAY WEDNESDAY 12 MAY 2021

The N Deca Confe PRINCIPLE SUPPORTER

CO ORGAN

New EIC members

NEW ASEAN MEMBER

NEW GLOBAL APAC MEMBER

Hyundai Corporation

Renergist Sdn Bhd

Thunder Cranes

VISTA Tower, Suite 42 (A) Level 42, The intermark, No 182 Jalan Tun Razak Kuala Lumpur 50400 Malaysia

1st Floor, Lot 1925 Marina Square Phase 2 Marina Parkcity, Miri Sarawak 98000 Malaysia

Lot 6, Lazenda Warehouse Phase 2, Jalan Patau-Patau PO Box 80579 Labuan FT 87007 Malaysia

The Nominated Representative is Mr Kim Jin-Young, Manager

The Nominated Representative is Mr Abdullah Jaffa, Business Development Manager

Telephone +82 2 390 1261

Telephone +6085 421 847

Email jykim@hyundaicorp.com

Email a.jaffa@renergist.com

Web www.hyundaicorp.com

Web www.renergist.com

An enterprise going beyond the business boundaries to the world. Hyundai Corporation is a global business partner.

Renergist Sdn Bhd was formed to supply well trained and highly qualified manpower to the oil and gas as well as subsea industries to work on oil rigs, offshore platforms and construction sites.

Hyundai Corporation was established in 1976 as an import and export trading house of Hyundai Group. It has grown as a representative general trading company in Korea with excellent results in international trade focusing on heavy chemical products, overseas investment, and energy and resource development fields with the whole world as its stage.

North Sea arbonisa on erence

BO NO O W KI N G

NISED BY

Established in 2015 Renergist Sdn Bhd recruits and supplies outstanding, dedicated people to address companies’ human resource requirements to achieve successful, safe and efficient operations in the oil and gas industry. Renergist Sdn Bhd provides contract and offshore staff in various technical disciplines for exploration, drilling and production service companies across the major as well as developing oil and gas producing regions. Renergist Sdn Bhd, with the support of its quality and experienced workforce, will execute all projects within a stipulated timeframe and meet with clients KPI’s and expectations. Renergist Sdn Bhd operates within the boundary of the ISO quality system, which is aligned with approved operating procedures for most oil and gas operators in the industry.

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The Nominated Representative is Mr Dinish Arumugam, VP Sales Telephone +6087 480 180 Email dinesh@thundercranes.com Web www.thundercranes.com Thunder Cranes is a leading offshore lifting solutions provider, with Asia Pacific’s largest fleet of modular rental cranes for offshore platforms. Its cranes include a wide range of modular stiff-leg and pedestal cranes with dynamic lift capacity from 2 to 60 tonnes. Thunder Cranes’ modular rental cranes can be safely and rapidly installed on offshore platforms in support of: plug and abandonment, well intervention, facilities engineering, platform decommissioning and conductor driving. In addition, the company provides offshore lift planning services, customised rigging/ skidding solutions, flare tip replacement solutions and lifting solutions on FPSOs. Thunder Cranes’ highly experienced personnel together with the versatility, ease of installation and range of its cranes, allows clients to safely, efficiently and cost-effectively support their offshore projects.

@TheEICEnergy

EIC (Energy Industries Council)

Amarinth has delivered an order of titanium pumps to VWS Westgarth that will be installed on two Petrobas FPSOs operating in Brazil. The order of four pumps from VWS Westgarth, the largest single supplier and operator of sulphate reduction membrane systems, was for chemically enhanced backwash pumps to be installed aboard two floating production storage and offloading (FPSO) vessels operated by Petrobas off the coast of Brazil. The pumps are ATEX certified for hazardous areas and incorporate auto start stop modules for unattended operation. To handle the highly corrosive fluid, all wetted parts of the pumps are 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 large titanium components. Amarinth worked closely with this UK foundry to ensure an optimum design for the castings to maintain the correct flow of the molten titanium over changes of dimensions and directions. Furthermore, Amarinth had to deliver the pumps to a tight 28 week deadline during the COVID-19 pandemic. Amarinth saw the scale and potential impact of the pandemic early in the outbreak and quickly leveraged its engineering and commercial agility and investment in remote working technologies to make the necessary changes to its business model, ensuring the company could work with its customers and suppliers to maintain critical on time delivery of pump orders.

Despite the engineering challenges, compounded by the pandemic, Amarinth’s strong relationship with its supply chain, and the COVID secure working practices it put in place, enabled the company to design, manufacture and deliver the pumps to meet the 28 week deadline for the project.

For more information: www.amarinth.com

This lithium compatible UPS system offers the same maximum performance as the lead-acid option. Some of the standard features include high power IGBT semiconductors and digital control; fibre optic cables used for eliminating noise and ensuring faster signal processing, improving isolation and providing more accurate communications. © 2021 AMETEK Solidstate Controls

Amarinth delivers titanium pumps to two FPSO vessels in Brazil

Member news

New power supply system from AMETEK

AMETEK Solidstate Controls has a new lithium compatible uninterruptible power supply (UPS) system. This system has the same robust reliability customers trust while now giving them a choice to use lead-acid or lithium iron phosphate batteries. “Utilising lithium batteries for industrial UPS applications has been an emerging trend,” said Patrick Williams, Division Vice President/ Business Unit Manager for AMETEK Solidstate Controls. “As our customers began to adapt and make changes to their battery requirements, it was important for us to offer a flexible solution, allowing them to choose between lead-acid or lithium iron phosphate. As alternative battery options evolve, we are proud to offer a complete platform to our customers.”

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This true online, double conversion UPS provides continuous, clean, regulated power for critical loads in some of the most rugged environments.

For more information: www.solidstatecontrolsinc.com

Member news

Leading cable gland manufacturer, CMP Products, has achieved approval to South African National Standard (SANS) 60079 for its range of hazardous area cable glands. The latest accreditation comes as CMP continues its push for growth across South Africa and the wider African continent, providing choice and access to products directly from Johannesburg. The widely respected Johannesburg based notified body, Explolabs, worked alongside CMP’s certification team to issue the formal IA certificates for 14 product ranges including A2F, Triton and TruSeal, as well as stopper plugs, adaptors and reducers.

EnerMech boosts UK operations with new contract wins

Integrated solutions specialists EnerMech is bringing forward a robust growth strategy for its UK operations after securing new contracts in the first few months of 2021. The Aberdeen-headquartered company has a strong pipeline of work for the year ahead with eight projects awarded in the last three months. The campaigns are a combination of new and extended contracts and will be split across its bases in Aberdeen, Scotland and Great Yarmouth, England. © EnerMech 2021

CMP Products South African certificate of approval

The new certification forms part of our strategy for growth within South Africa in particular and started with our recent investment in new premises in Johannesburg last year.

Clinton Vieira, South Africa Regional Manager said: “CMP is a global leader in the manufacture of cable glands and while we have relevant international approvals on all of our products, we have been listening closely to what our South African customers are telling us. As a result we are delivering shorter lead times, wider choice and IA certification to SANS 60079.

For more information: www.cmp-products.com

ITI Operations Limited has revealed its stunning, new and bespoke base at Crombie Lodge on Moorfield Group’s Innovation Park, Bridge of Don. The systems integration specialist is expanding its Aberdeen operations having agreed terms in November 2019 for a 10-year lease on the 6,000sq ft north wing at the modernised Crombie Lodge. The move sees the company’s floorspace increase by around 50%. Ronald Holden, Divisional Director of ITI, said: “Our Aberdeen operation has been expanding for several years now, meaning that we had completely outgrown our previous premises and needed to move. This provided the ideal opportunity to upgrade and relocate to a modernised location.”

It is an exciting time for ITI and this move is in line with our ambitions to deliver transformation and innovation to our customers and enhance their future.

Clinton Vieira, South Africa Regional Manager, CMP Products

SANS 60079 standards ensure that customers seeking in-country approval know that products are tested against an extensive list of criteria including ingress protection, heat resistance and cable retention.

ITI Operations opens new Aberdeen base at Innovation Park

Ronald Holden, Divisional Director, ITI

The new awards include a first campaign for the onshore utilities market. The five-year multi-millionpound deal will see the company deliver crane lifting services to a significant onshore petrochemical facility based in south Wales. Other wins include a frame agreement extension with TechnipFMC for precommissioning services, delivery of shutdown and small bore tubing services for Chrysaor and the supply of rigging equipment and crane management services for Petrofac’s Duty Holder assets in the UKCS.

For more information: https://enermech.com/

Visit www.the-eic.com/Forms/NewsletterSignup

“We believe that Crombie Lodge will offer an inspiring working environment for our people once the regulations allow them to return to the office, and then a welcoming setting for our clients when we are able to invite them to visit.” The stunning new facility has been custom-designed to ITI’s specification and incorporates 4,800 sq ft of office and meeting accommodation, with the remaining space being used for test areas and storage.

For more information: www.itigroup.co.uk

@TheEICEnergy

EIC (Energy Industries Council)

Member news

Illustration of Ocean Infinity’s Armada fleet

Ocean Infinity acquires MMT

Ocean Infinity and MMT have announced an acquisition that brings together MMT’s deep expertise and established track record as a distinguished marine survey and data analytics provider and Ocean Infinity’s best-in-class robotic technology and operational expertise. The combined force will maximise the potential of Ocean Infinity’s fleet of autonomous underwater vehicles (AUVs), and the soon to be launched Armada fleet of uncrewed, low-emission, robotic ships. The company will be uniquely placed to support its international clients’ data acquisition requirements, working across multiple sectors including energy, subsea cables, government and defence. Following the acquisition by Ocean Infinity, MMT will continue to operate under the MMT brand. The enlarged group will have a headcount of over 300 people and will operate from an expanded geographical footprint with offices in the US, Sweden, UK, Singapore and Norway.

For more information: https://oceaninfinity.com/

Optilan wins Seagreen wind farm contract

Optilan, a leading security and communications company for the energy, infrastructure, pipeline and rail sectors, has been contracted to supply telecommunications and security services for the Seagreen wind farm project. Optilan will supply telecoms services, including the provision of integrated telecoms and CCTV solutions, for both the offshore and onshore elements of the wind farm project. The contract has been awarded by Linxon, the joint venture between ABB and SNC-Lavalin, who are supporting Petrofac on the delivery of substations for the project. The £3bn Seagreen offshore wind farm is situated 90km from the Angus coastline. On completion, the site will become one of the largest operating wind farms, with approximately 114 wind turbines installed. Bill Bayliss, CEO of Optilan, said: “The project was won by our teams in the UK and the Middle East, who worked extremely closely to deliver a thorough and detailed proposition. Winning the tender boosts our engineering portfolio and allows us to showcase our ‘green’ capabilities.

Get in touch Share your news and views...

Email newsdesk@the-eic.com • Phone +44 (0)20 7091 8600

“Renewable energy brings with it challenges and evolving security risks that need to be addressed from the outset. We’re perfectly placed to help the industry combat and overcome these.” With over 20 years’ experience in transmission and distribution in the UK, Optilan will bring in-depth knowledge and understanding of onshore substation design to this high-profile offshore wind project. Optilan is a global company with renowned expertise in delivering large scale projects in sectors such as energy, telecommunications, rail, pipeline monitoring systems and critical national infrastructure. The offshore wind industry will be integral to the UK’s energy system by as soon as 2030, with the UK planning to generate 40GW from offshore wind farms by this date. This contract win represents a pioneering project in the offshore wind industry for Optilan. Optilan provides communications, information and safety and security management systems for offshore and onshore renewable developments, with resilience as a core feature.

For more information: www.optilan.com

Sandvik to invest in new hydraulic and instrumentation factory in India Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other highperformance materials, will invest in a new hydraulic and instrumentation tubing factory at its Mehsana Mill in Gujarat, western India, to meet increasing customer demand. The Mehsana manufacturing facility has been successively expanded and modernised in recent years to increase availability of high quality seamless stainless steel and high alloy tubes as well as to strengthen service in the region. The first phase of this growth initiative was completed in 2020 when Sandvik added a new cold finishing tube manufacturing line mainly for heat exchanger tubing and other demanding industrial applications. The investment this time around is divided into two parts and will be fully completed and operational by early 2023.

Sandvik’s new factory will meet burgeoning demand for locally manufactured products in India

Siemens to supply gas engines for new peaker plants

Conrad Energy has signed another two contracts with Siemens over the supply of containerised gas engines for two new peaking power plants in Wrexham and Bilston, UK. This is in addition to a contract received earlier in 2020 for a plant in Sittingbourne. The new gas-to-electricity plants will feed additional energy into the National Grid at times of peak demand, boosting the UK’s ability to make wide-scale use of renewable and sustainable energy sources. Flexible, fast-start peaking plants play a key role in guaranteeing a stable energy supply during periods when green energy generation capacity isn’t sufficient to meet demand.

Siemens will supply a total of seven SGE-56SL 1MWe containerised gas engines. These highly flexible and reliable engines can be powered by a range of fuels and deliver excellent return on investment. Siemens will also provide full design of the plugand-play containerised gas engines to Conrad Energy. The total capacity of the Siemens engines is 7MW – enough to power up to 14,000 homes with a fast ramp-up time of just three minutes. In addition to covering peaks in energy demand, the newly built plants will be efficient and flexible enough to be used for general electricity trading at other times.

For more information: https://new.siemens.com/uk/en

For more information: www.materials.sandvik/en/

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Member news

Sonardyne’s SPRINT-Nav reaches new heights

Marine technology specialist Sonardyne has released a new high altitude variant of its market leading hybrid navigator SPRINT-Nav to allow uncrewed surface vessels (USVs) and underwater vehicles to extend their operational envelope.

SPRINT-Nav tightly integrates a Sonardyne SPRINT INS, Syrinx DVL and a highly accurate pressure sensor into a single high-performance solution providing navigation and optional acoustic doppler current profile (ADCP) functionality.

STATS Group goes in-house for senior appointments Courtesy Sonardyne International Ltd

Operating at 400 kHz, the high altitude variant achieves reliable bottom lock at up to 230m altitude above the seabed, providing USVs with a highly accurate and robust navigation source, which is critical, for example, in station keeping applications in coastal surveys where GNSS could be denied or subject to interference. Installation of the new SPRINT-Nav variant on autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) allows inspections and surveys to be performed at even higher altitudes than previously possible.

For more information: www.sonardyne.com

STATS Group Chief Operating Officer Steven Byers (left) and Director of Operations Gary McDowall

Specialist pipeline technology company, STATS Group, has promoted two longserving employees to senior executive positions.

Steven Byers, who joined the Aberdeenshire business in 2010, has been appointed Chief Operating Officer, reporting to Chief Executive Officer Leigh Howarth, while Gary McDowall succeeds Steven as Director of Operations for STATS UK and Europe region. Steven will be responsible for supporting STATS operations and projects teams, across the globe, as well as leading the group’s digitalisation programme. Gary McDowall joined STATS in 2008 as a project engineer and during his time with the business has worked on numerous energy infrastructure contracts, including project managing the isolation of the Forties pipeline system in the North Sea. In his new role, Gary will be responsible for leading the safe delivery of all projects in the UK and Europe, using STATS specialist technologies and solutions.

For more information: www.statsgroup.com

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TÜV SÜD’s new Data Analytics service minimises operating costs

TÜV SÜD National Engineering Laboratory has launched its Data Analytics service to help oil and gas operators minimise flow meter downtime and maintenance, significantly lowering operating costs.

Our new Data Analytics service uses data in real-time to detect when a meter is not performing to specification and identify the cause of this failure. Gordon Lindsay, Head of the Digital R&D Group, TÜV SÜD National Engineering Laboratory

The total cost of calibrating an offshore flow meter is estimated to be in the region of US$50,000 or more, once all costs incurred are accounted for. Traditionally, irrespective of whether a flow meter is deviating from its required operating parameters it will be routinely scheduled for recalibration and operations stopped unnecessarily. The new Data Analytics service will enable operators to move away from this time-based calibration approach to condition-based calibration, by using statistical modelling techniques to predict meter performance based on live and historical data.

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In addition, diagnostics information can be used to understand what may be negatively impacting a meter by analysing hidden patterns to identify specific fault conditions. Validation of models created by the Data Analytics service can be conducted in TÜV SÜD National Engineering Laboratory’s accredited calibration facility. This increases end-user confidence in results by reducing any levels of error, assuring them that the problem-solving method suggested by the Data Analytics service will be effective in the real-world.

For more information: www.tuvsud.com

Waves Group opens European office Waves Group’s strategic expansion continues with the opening of a European office in Rotterdam.

Jan-Peter Breedeveld, a civil/ structural engineer, will lead the development of European operations. Jan-Peter has established credentials in the offshore energy and heavy lift industries having worked as an engineering/project director on major offshore projects across Europe, Asia and the Americas for over 30 years. Waves Group’s growth strategy includes the further strengthening and expansion of its team with the appointments of Kenny English (LNG specialist), Paul Coates (fire and HAZMAT expert) and William Hargreaves (pilot/master mariner) to meet opportunities created across the EU in casualty response, maritime energy transition (LNG), renewable energy and offshore decommissioning. With an experienced multi-disciplinary team Waves Group is able to manage major large-scale casualty and offshore engineering projects.

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

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Recent oil discoveries have propelled #Guyana and #Suriname onto the energy world stage. Find out more in the latest EIC Country Reports here: bit.ly/3dER66Y

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May – June 2021

Forthcoming events and 4 May LIVE e-vents

Qatar Market Update Webinar

4 May Business Presentation

South America EICDataStream Online

5 May Business Presentation

Brazil-UK Energy Forum Online

5 May Management Course

EICDataStream/AssetMap training Online

11-12 May LIVE e-vents

North Sea Decarbonisation Conference GotoWebinar

13 May Business Presentation

North America EICDataStream Online

18 May LIVE e-vents

Role of the PRO Webinar

18 May Business Presentation

South America EICDataStream Online

19 May Business Presentation

Brazil-UK Energy Forum Online

19 May Management Course

EICDataStream/AssetMap training Online

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LIVE e-vents The EIC’s new webinars

20 May Business Presentation

Preparing for Worst-Case Scenarios Online

25 May LIVE e-vents

GCC Energy Market Project Update Webinar

26 May Business Presentation

EIC/BABC Texas Networking Mixer Webinar

27 May Business Presentation

North America EICDataStream Online

1 June Business Presentation

South America EICDataStream Online

2 June Management Course

EICDataStream/AssetMap training Online

10 June Business Presentation

North America EICDataStream Online

11 June LIVE e-vents

EIC Houston Coffee Break Webinar

14-17 June Export Showcase Virtual

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Online and Webinars

15 June Business Presentation

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For more information and to book visit www.the-eic.com

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16 June Management Course

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North America EICDataStream Online

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1 July Business Presentation

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2021

EIC (Energy Industries Council)

International trade

Back to business for the ‘new normal’ – virtual, hybrid and in-person events As we continue our roadmap out of lockdown, it is now time for companies to consider which business activities are best suited to raise their brand recognition and generate new business leads.

Camil

la Tew Over the next 10 months we will host industry events and exhibition pavilions both in person and virtually to kick start the road to recovery. We would be delighted to discuss which events best align with your company’s growth strategies and objectives for the next year.

We look forward to getting back into business and having you join us at the most relevant trade shows happening around the world. For certain events, highlighted, you can now book your space risk free. Virtual ENERGY EXPORTS CONFERENCE 2021 14-17 June 2021 | Virtual This major conference and exhibition focuses on creating greater awareness of export opportunities for the supply chain through conference sessions, interactive round tables, speedy networking, a one-toone meeting hub and supplier/buyer viewing rooms to showcase and source world-leading products and services. FREE TO ATTEND BOOK NOW www.the-eic.com/ Events/EnergyExportsConference/Register UK Pavilion at OTC 16-19 August 2021 | Houston, USA OTC delivers a unique experience for exhibitors to develop business relationships and tap into emerging regions that are vital to offshore development. OTC draws attendance from all over the world. NOCs view OTC as ‘the mustattend conference each year’. LAST CHANCE TO BOOK www.the-eic.com/Events/Exhibitions/ OffshoreTechnologyConferenceOTC EIC Pavilion at Offshore Europe 7-10 September 2021 | Aberdeen, UK The EIC pavilion showcases the strongest innovations, technologies and products available across the whole energy supply chain. Located in the prime location in hall 1, we ensure the correct buyers visit the pavilion stands through enhanced group promotion and additional networking opportunities not available elsewhere in the show. BOOK YOUR RISK FREE PLACE NOW www.the-eic.com/Events/Exhibitions/ OffshoreEurope

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UK Pavilion at ADIPEC 15-18 November 2021 | Abu Dhabi, UAE Since its launch in 1984, ADIPEC has provided an unrivalled opportunity for experts and professionals to gather in Abu Dhabi, the heart of the oil and gas industry. Exhibiting on the UK National Pavilion at ADIPEC will reap significant benefits and opportunities for exhibitors. FINAL STANDS AVAILABLE www.the-eic.com/ Events/Exhibitions/ADIPEC2021 UK Energy Transition Pavilion at WindEurope Electric City 2021 23-25 November 2021 | Copenhagen, Denmark We are delighted to invite all companies to book their space which will be located in a prime location beside major operator stands. BOOK YOUR RISK FREE PLACE NOW www.the-eic.com/Events/Exhibitions/ WindEuropeElectricCity UK Pavilion at World Nuclear Exhibition (WNE) 30 November - 2 December 2021 | Paris, France Join the UK Pavilion at WNE 2021 – the only global business dedicated event for nuclear professionals. BOOK YOUR RISK FREE PLACE NOW www.the-eic.com/Events/Exhibitions/ WorldNuclearExhibitionWNE UK Pavilion at Oil and Gas Asia (OGA) 7-9 December 2021 | Kuala Lumpur, Malaysia A crucial event for oil and gas stakeholders to meet key decision makers from national and international oil companies BOOK YOUR RISK FREE PLACE NOW www.the-eic.com/Events/Exhibitions/ OilGasAsiaOGA

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PRINCIPLE SUPPORTER

UK and Europe news

The North Sea Decarbonisation Conference 11-12 May 2021 This month is all about The North Sea Decarbonisation Conference, on Tuesday 11 and Wednesday 12 May. The EIC and international supporting partners Agoria, IRO, Danish Export Association, World Forum Offshore Wind along with principal supporter DNV, are all working together on the two day virtual e-vent exploring the North Sea’s journey to net zero. As the UK government announces its commitment to the North Sea Transition Deal, join this important industry conference as we come together to explore how the North Sea basin is in pole position to play a leading role in the transition to a low carbon energy future. This virtual conference will also present an opportunity to further connect the UK and neighbouring European markets. Each session will hear from a diverse mix of industry speakers discussing the latest projects, opportunities and their own energy transformation. 11 MAY: OFFSHORE WIND Co-host BMT. Offshore wind energy is paving the way to achieving energy policy commitments in the global power sector, supporting countries to reach their net zero targets and continue their energy system transformation. The offshore wind project pipeline has shown no signs of slowing down and is now a truly global opportunity. Join speakers Vattenfall, BMT, RWE and WFO. 11 MAY: THE HYDROGEN ECONOMY Session One. We have two sessions here exploring the hydrogen economy, from production, to storage, to end users, while also discussing what critical investments are needed if we are to meet the targets set out in the Paris Agreement. Join speakers Hydrogen Pro, ITM Power, BP and Ørsted. 11 MAY: OCEAN ENERGY Co-host Mocean Energy. In this session we will look at current projects and the various technologies being used to harness power from our oceans. Join speakers Mocean Energy, Ocean Energy Europe, Minesto, Orbital Marine Power, ORE Catapult and EMEC.

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11 MAY: CCUS Co-host Emerson. In this session we Jo Cam will be exploring pbell the opportunities the Northern Lights Project gives rise to. Followed by a high-level panel discussion exploring the CCS value chain and how future developments are needed if we are to achieve its carbon neutrality targets. Join speakers Equinor, Emerson, Drax, BP and Global CCS Institute. 12 MAY: THE HYDROGEN ECONOMY Session Two. Co-host DNV. Following on from Session One, join speakers Shell, DNV, Neptune Energy, EFC, Gasunie and Nel Hydrogen. 12 MAY: OFFSHORE ELECTRIFICATION & POWER NETWORKS Co-host Worley. The first session will focus on oil and gas asset electrification, which is of vital importance in decreasing oil and gas sector emissions to meet net zero targets, as well safeguarding the sector’s social licence to operate. The second panel will discuss power supply from wind farms through offshore grid systems, with a focus on the concepts and opportunities. Join speakers TenneT, Equinor, Worley, Siemens Energy, Oil & Gas Authority, CNOOC, Wood and ABB. 12 MAY: FINANCING TECHNOLOGY TO NET ZERO If the North Sea nations are to effectively achieve net zero targets and wider climate goals, there is a significant requirement for the expansion of net zero investment to further accelerate innovation and affordable technologies. Join speakers Wood, Strategic Growth Services, Siemens Energy, Xodus, Energy Knect, Green Backers Investment Capital and OGTC. 12 MAY: ENERGY TO X With companies from the oil and gas and power industries also looking to diversify into the sector, this dedicated panel will observe the opportunities and future outlook of waste management. Join speakers Air Liquide, Storengy and Honeywell. FREE to EIC members BOOK NOW www.the-eic.com/Events/ TheNorthSeaDecarbonisationConference

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Middle East news Regional update

The last few weeks appear to have shown an increased level of optimism in the market, with oil prices at a two year high alongside some recent high value Ryan M cPhers on contract awards in the region, hopefully this results in a more encouraging remainder of the year. We remain focused on delivering a quality programme of virtual events which has seen us delve into the recruitment sector and training. We continue in this vein with several of our tried and tested Business Opportunities with… events over the coming months alongside a focus on country and market updates to keep you up to date with major developments in the region. I’d like to remind our members that you can sign up to receive unlimited employee logins to EICDataStream, at no extra cost, and get free remote database training too. SupplyMap, our unique database of UK supply chain companies across all energy sectors, is also a welcome addition to the family which I would encourage you to utilise. In addition, you have access to all EIC staff who remain fully operational and ready to answer any questions you have, including giving you direct access to our suite of energy analysts, who add 500 new updates every week to our CAPEX, OPEX and supply chain databases. New members continue to join us from the region where we recently welcomed Armstrong International, Corrotherm and Earth Reservoir For Oil And Gas Ltd (EROG). For further information on membership contact anand.kumar@the-eic.com or dina.abieva@the-eic.com The Virtual Energy Exports Conference (vEEC), taking place from 14-17 June 2021 has now been launched where you will see several exciting sessions relating to the Middle East and Africa which I would encourage you to join. This has become the number one event for global trade delegations to meet new and experienced UK exporters. Visit www.the-eic.com/Events/EnergyExportsConference On a final note, we are once again running the UK Pavilion at ADIPEC taking place from 15-18 November 2021. We are hopeful that this will mark a long overdue return to physical events and will ensure that we have a full agenda for all those participating where stand space is currently 80% full. Ryan McPherson Regional Director, Middle East, Africa, Russia & CIS ryan.mcpherson@the-eic.com Get in touch Share your news and views...

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Regional news

Start of trading in Abu Dhabi’s Murban Futures a ‘new era’ for oil markets

Murban crude, trading under the symbol ‘ADM’, will join the ranks of prominent oil price benchmarks Brent and West Texas Intermediate in a ‘new era’ for global energy markets. A light crude, which accounts for half of the UAE’s oil production, Murban will have a contract for future delivery bought and sold on the ICE Futures Abu Dhabi exchange. The exchange, run by Intercontinental Exchange (ICE) is a historic first for the Middle East, as Murban, the UAE’s flagship crude grade, produced from onshore wells by ADNOC, is used to price and hedge oil being traded into Asian markets.

Qatar Petroleum to become full owner of Qatargas 1 JV

Qatar Petroleum will become the sole owner of Qatargas as of 1 January 2022, as the company will not renew the Qatargas Liquefied Natural Gas Company joint venture (QG1). Established in 1984, QG1 is a joint venture between Qatar Petroleum and affiliates of Total, ExxonMobil, Marubeni and Mitsui. QG1 was the nation’s pioneering LNG project. “The takeover by Qatar Petroleum will conclude more than 25 years of successful operations of QG1, from which the first ever Qatari LNG cargo was exported,” said Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum. With a production capacity of approximately 10m tons per annum of LNG, QG1 facilities will continue to be operated by Qatargas on behalf of Qatar Petroleum and will play an important role in supplying LNG to the world’s markets in a safe and reliable manner.

Forthcoming events

Please go to page 18 to see upcoming events in your region

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Asia Pacific news Regional update

In conjunction with EIC member Riken Keiki, EIC Asia Pacific organised a LIVE e-vent webinar on 15 April 2021 with the specific Azman objective of promoting Nasir Riken Keiki’s latest products and technology in gas sensor equipment. This is part of the EIC Inform scope of work where Riken Keiki engaged EIC Asia Pacific to reach out to our network in order to introduce its new products to the market. On 29 April 2021, EIC Asia Pacific collaborated with OGV Energy based in Aberdeen to organise another LIVE e-vent webinar to highlight the latest opportunities in energy projects in Asia Pacific. The speakers for this webinar were the regional director of EIC Asia Pacific, the lead analyst APAC and guest speaker Tim Rockell, Managing Director of Energy Strat Asia based in Singapore. The speakers spoke on how to do business in APAC, the opportunities and challenges and touched a little bit on the impact of energy transition to the energy industry in Asia Pacific. Ramadhan month was upon us again in the middle of April which meant EIC Asia Pacific just had time to organise events with local and regional members in Kuala Lumpur and Singapore. Since we now have more than 40 members who joined EIC within the last year, the event provided opportunities for these new members to network with other members and select industry players. The event was successfully held in the Grand Hyatt Hotel in Kuala Lumpur where a total of 50 people attended.

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In June EIC APAC will be recruiting speakers for the Virtual Energy Exports Conference 2021 (vEEC2021) which will be held on 14-17 June 2021. Among the companies we are targeting to invite to speak at vEEC 2021 include Petronas, Pertamina, PTTEP Thailand, PetroVietnam and regional EPC companies. Beyond the summer months, EIC Asia Pacific is currently planning to have EIC Connect India for the first time and EIC Connect Indonesia for the second time. Azman Nasir, Head of Asia Pacific azman.nasir@the-eic.com Sign up for the EICOnline newsletter

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Regional news

Three main agendas for power generation from China’s five-year plan

The Chinese government has released a draft of its 14th five-year plan, outlining the country’s upcoming economic priorities. The draft plan covers a wide range of economic objectives and gives a broad view of how the country will build its energy infrastructure. The Chinese Communist Party is to publish more detailed plans for the power industry later this year. The plan is also the first since President Xi Jinping told a UN summit that China is aiming to reduce its carbon emissions to net-zero by 2060. The upcoming five-year plan states that at the end of 2020, Chinese nuclear capacity reached 51GW. This fell short of the country’s 58GW target, but it has set a new target for 70GW of generation before 2025.

Thirty companies shortlisted for LSS4 development The Malaysia Energy Commission has announced the list of 30 shortlisted bidders for the Large Scale Solar @ MEnTARI (LSS4), totalling 823.06MW out of the offered 1,000MW. This comprises 20 bidders covering 323.06MW under Package P1 at between 10MW and below 30MW, as well as 10 bidders across 500MW under Package P2 between 30MW and 50MW. The shortlisted bids for Package 1 ranged between 18.5sen/kWh and 24.81sen/kWh. Meanwhile for Package 2, the bids ranged between 17.68sen/kWh and 19.7sen/kWh. The commissioning of the project will be in late 2022 or early 2023. The shortlisted companies are required to fulfil certain requirements which will be issued by the Energy Commission in due course.

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North and Central America news Regional update

In March, the EIC in partnership with the Department for International Trade (DIT), held three Mexico Energy Series webinars. A huge thank you goes to all of our speakers Amand a Duho n for sharing insights into their projects and outlooks for the Mexico energy sector including Engie, McDermott, JLL, DAI, Agencia de Energía del Estado de Jalisco, Siemens Energy, the Northern Powerhouse and Ernst & Young. Mexico can attract investment and know-how from the international energy sector, to help the country realise an integrated energy mix and energy independence. We were delighted to spotlight UK excellence and know how in the waste-to-energy, remote operations, and digitalisation subsectors with companies Geologix Limited, OPEX Group, Hanscomb Intercontinental, Yokogawa and Aventus Ai Ltd who shared their strategic positions to provide innovative technology and services and best practice in Mexico.

Of course, Virtual EIC Connect Energy USA would not have been possible without the incredible support of our amazing sponsors including gold sponsors Ari Armaturen, Merrimac International Executive Search, Roxtec, Unger Steel, William Hare Group; silver sponsors HKA, iPS Powerful People, LV Shipping, PPG, SNC-Lavalin and UnitBirwelco; bronze sponsors ACE Winches, Almaco, Gaffney Cline & Associates, Online Electronics, Pentagon Freight Services, Perma-Pipe, Petrofac, PetrolValves, Siemens, Tellurian and Turner & Townsend. Last, but not least, we are grateful for our event partners the Department for International Trade and Scottish Development International and supporting organisations and media partners Aberdeen & Grampian Chamber of Commerce, the Brazil-Texas Chamber of Commerce and the British America Business Council of Texas. As we continue to monitor the local, state and national COVID-19 pandemic situation, we are looking to host EIC Connect Energy USA 2.0 in September; watch this space for further updates and developments. Houston remains the ‘energy capital of the world’ and as the world recovers from the COVID pandemic, it is an ideal time to strategise and build a key presence in the region as industry focuses away from global to glocal. Our EICLaunchPad service includes fully serviced offices, virtual office services and hotdesks, in addition to conference room and meeting room hire. Take advantage of EICLaunchPad today to enable the growth of your business and the award of local business contracts. Find out more by contacting houston@the-eic.com Amanda Duhon Regional Director, North & Central America amanda.duhon@the-eic.com

On 30-31 March 2021, we hosted the first Virtual EIC Connect Energy USA, receiving speakers from the EIC, Merrimac International Executive Search, Her Majesty’s Consul General in Texas, Arkansas, Louisiana, New Mexico, and Oklahoma – British Consulate-General Houston, the University of Houston, Equinor, TechnipFMC, Bechtel, McDermott, BP, Wood, ExxonMobil, Baker Hughes and UK Export Finance. We are grateful to our EIC Connect Energy USA advisory board, speakers, and our amazing EIC staff, for delivering this valuable event. The event highlighted that the US has significant opportunities for investments in all energy sectors and will utilise new innovations across CCUS, hydrogen, offshore wind and oil and gas to reach net-zero targets. Get in touch Share your news and views...

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Forthcoming events

Wednesday 26 May 2021 Webinar EIC and BABC Texas Networking Mixer This is a great opportunity to showcase your organisation and meet other BABC Texas and EIC members who are looking to join your network and may have solutions for you. www.the-eic.com/EventDetail?dateid=3019

Wednesday 7 July 2021 EIC LIVE e-vent North American LNG Project Updates The EIC and digital supporter Turner and Townsend bring you the latest North American LNG sector webinar, providing you with the latest LNG project updates and helping you identify potential business opportunities. www.the-eic.com/EventDetail?dateid=2980

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South America news Regional update

The Rio office is delighted to share the news that we have expanded our team with the hire of six new interns that now form the Rio hub. Alix Milman, Ana Julia Ramos, Adeoye Ladele, Julia Mallmann, Clariss e Roch a Lucas Machado and Lucas Ramos will be supporting the EIC worldwide in improving the quality of services to members. In March we had the pleasure of hosting our EIC LIVE e-vent: Opportunities with McDermott. Paulo Fortes, McDermott’s Supply Chain Director – Americas, provided an in-depth presentation on their current pre-salt projects. Paulo also discussed current offshore project opportunities in Brazil. We would like to thank our global digital supporter, Osbit, for their support of this event.

This May we will be joining forces with the British Chamber of Commerce in Brazil to deliver the Brazil-UK Energy Collaboration Forum. This event aims to be a forum of collaboration on the energy sector between the United Kingdom and Brazil and will be hosted as a series of three presentations on 5, 12 and 19 May. The topics to be discussed will be, respectively, Subsea Opportunities, Next Generation FPSOs, and The Road to Net-Zero. All three days will provide networking opportunities for attendees, as well as Q&A sessions with all panellists. We hope to see you there! If you need any assistance or advice in the region or for more information about upcoming events, please contact: rio@the-eic.com Clarisse Rocha Head of Americas clarisse.rocha@the-eic.com

Regional news

Brazilian gas law approved in Congress

Brazil’s Chamber of Deputies – the lower house of the Brazilian Congress – has approved a new legal framework for the country’s natural gas segment. Known as the ‘Gas Law’, draft bill 4476/20 introduces the concept of authorisations for the construction of new pipelines instead of concessions – a move that is expected to facilitate the development of new projects and potentially unlock US$10bn in investments. Final approval will be granted after the draft bill is signed off by President Bolsonaro, who openly supports the new legislation.

YPF to invest US$1.5bn in Neuquén

Argentina’s national oil company YPF plans to invest US$1.5bn this year to boost production from oil and gas fields in the Neuquén province, where the Vaca Muerta shale formation is located. The company hopes to increase oil and gas output by 56% and 70% in 2021, respectively. The company’s total CAPEX guidance for the year amounts to US$2.7bn.

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Energy Exports Conference 2021 The number 1 event to identify global energy opportunities and meet key decision-makers

Platinum sponsor

VIRTUAL ENERGY EXPORTS CONFERENCE MONDAY 14 JUNE – THURSDAY 17 JUNE

The year of COP26 BOOKING NOW

2021

Join us live on screen 14-17 June 2021 The Energy Exports Conference returns online for 2021, conveniently bringing together many of the world’s key decision makers and the energy supply chain in one event. Whether you’re an experienced exporter or are yet to begin your exporting journey, vEEC highlights actionable project opportunities in key global energy markets and discusses the industry’s demands for Clean Tech and NetZero targets.