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AVA Energy looks at Nordex sale to RWE
After Nordex announced its agreement to sell most of its project development pipeline to RWE for €402.5m, shares in Nordex jumped nearly a quarter. There has been speculation about what this sale Based in the UK, Mr Compston
means for both parties with a trader will be responsible for driving the
reporting that it might be ‘a win-win- strategy, pursuit and delivery of
deal.’ AVA Energy, a global energy multi-million pound contracts with
recruitment agency, looked at the a focus on the global defence,
sale and what this could mean for renewables, integrity management
the industry, RWE and Nordex. and infrastructure markets.
This sale increases the market share for RWE as RWE profits adding strong capacity to its European core business. This will also lead to an increase in share values for RWE. RWE shares have now more than recouped all this year’s earlier losses and are trading about 22% higher than at the beginning of the year. Overall, this sale could accelerate growth for RWE in the long term. exploring new opportunities.
Nordex SE is set to focus on
Christian Brown,
developing onshore wind projects outside Europe after it agreed to sell its renewable energy project portfolio to RWE AG. Since 2013, Mr Compston was
As a part of its value chain offering in some markets, the Nordex Group develops its own portfolio of wind farm projects, which are then sold onto customers or investors. The company said it would continue with its wind developments in its other markets. Nordex will continue to sell Working with EnerMech’s Chief
wind turbines in Europe alongside Development Officer, Behzad
AVA Energy is a global energy recruitment consultancy and manpower provider. Headquartered in London, UK, AVA Energy operates across all energy markets.
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EnerMech targets high value energy contracts
EnerMech has appointed James Compston as strategic sales director in a drive to ramp up activities in the international energy and infrastructure sectors.
Adding James Compston to our management team provides us with a very strong hand in developing our existing relationships with key global clients and for
Chief Executive Officer, EnerMech
senior vice president of business development at SNC-Lavalin incorporating since 2017, WS Atkins. He also spent 13 years with PwC where he led non-audit services to clients including global operators, oilfield services, engineering and construction. the new focus.
Kazerani, and reporting directly to CEO Christian Brown, he will work alongside John Grover who is based in Dubai and holds the same remit for developing EnerMech’s business in the eastern hemisphere.
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ENGIE Fabricom wins prestigious RoSPA award
ENGIE Fabricom has been awarded an internationally recognised Occupational Health and Safety Award. Operating from five sites across the UK – including Grimsby, Immingham, Lowestoft, Stokesley and Middlesbrough – the firm has achieved a patron’s award for outstanding performance in health and safety at work in the annual scheme run by the Royal Society for the Prevention of Accidents (RoSPA).
This highly acclaimed award for ENGIE Fabricom comes in recognition of the company receiving this accolade year on year with now 27 consecutive golds as it continues to achieve exemplary health and safety standards.
Established in 1956, The RoSPA Health & Safety Awards is the longest-running industry awards scheme in the UK. The awards allow organisations to benchmark safety performance each year and ensure performance and safety standards between companies are consistent and accidents are prevented. ENGIE Fabricom is part of the global energy group ENGIE, a 150-yearold energy and services provider with 150,000 employees operating across the world. The business provides a complete turnkey solution from project concept to completion across sectors including renewables, oil and gas, power, chemical and energy from waste. With over 43 years’ experience in high level engineering and construction the business employs 1000 highly skilled employees.
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The industrial enclosures specialist Intertec Instrumentation has acquired the UK’s Thermotex Engineering – manufacturer of soft insulation jackets for industrial processing equipment such as valves and piping. Thermotex’s insulation jackets complement the enclosure innovator’s portfolio to extend its position as a comprehensive solutions provider of protection systems for field-based process instrumentation and controls. Intertec has worked with Thermotex Engineering Ltd for many years – specifying custom-tailored insulation jackets for thousands of projects worldwide as part of its work in providing field equipment protection for processing plants.
MDL delivers transpooling package to TFMC
Maritime Developments Ltd (MDL) has carried out transpooling of a flexible jumper for TechnipFMC in Norway.
The complete scope of work consisted of project engineering and onshore execution of transpooling of a 6” flowline from a storage reel onto the quayside using the MDL second-generation RDS. This allowed end termination support frames to be installed to the client’s 8.6m reel under
An Intertec Thermotex soft enclosure jacket fitted on a Tokamak nuclear fusion vessel
Thermotex Engineering to merge with Intertec to form Intertec Thermotex
the instructions of MDL’s team on site. This project is another example of how we approach every mission collaborating with our customers to develop value-adding solutions with our comprehensive engineering expertise, to optimise client operations onshore and offshore. Founder and director of Thermotex Engineering, Peter Watmore, and Intertec’s president Martin Hess, of September 2020. Thermotex Engineering will merge with Intertec’s UK subsidiary Intertec Instrumentation, to form the joint company Intertec Thermotex Ltd. As the foremost expert on the technology behind Thermotex’s soft insulation jackets, Peter Watmore will continue to work with the company. With the addition of Thermotex’s products and technology, Intertec extends its portfolio, significantly strengthening its position as a global leader in the protection of processing industry equipment. The move will allow Intertec to offer Thermotex solutions globally through its network of a dozen factories, system integration and support offices around the world.
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Steven Morrison, Project Engineering Manager, MDL
MDL provided project engineering services throughout the operation, which included development of a transpooling and packing procedure, storyboard drawings, task plans, provision of transpooling equipment, HAZID/HAZOP and provision of experienced MDL operators for onsite execution.
Additionally, the MDL operations team assisted with the inspection and SIT of the product while spooled into its expected seabed configuration to verify end termination orientation. The quayside trials allowed for any lessons learned to be gathered and personnel training and verification of end termination orientation prior to the offshore scope.
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Ailes Marines, the Iberdrola company in charge of the development, construction, installation and operation of the offshore wind farm in the bay of Saint-Brieuc has awarded the joint venture Iemants (subsidiary of Smulders) and ENGIE Solutions the contract to construct an offshore substation for the Saint-Brieuc Iemants is responsible for the engineering and construction of the steel structures for both the topside and jacket. ENGIE Solutions in Belgium is responsible for the
offshore wind farm. engineering, procurement, integration, construction and testing (on and offshore) of all LV, MV, HV and auxiliary systems for the jacket and topside of the offshore substation.
Engineering and construction works have already started for the topside and jacket. Sail away of both the topside and jacket is scheduled for the spring/summer of 2022.
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www.smulders.com EOR polymer flooding: a technique to reduce carbon intensity
Oil companies have been forced to reduce their budgets, and oil exploration has been cut or reduced. On return to pre-COVID-19 demand levels, more oil production will be required from existing wells. In this context, polymer flooding can increase the recovery factor over waterflooding by up to 20% at only US$3 to US$6 per extra barrel of oil. At the same time, societal pressure is growing and requires immediate
The wind farm, located 16km off the action to reach the net-zero
French coast, is the first large scale production emission target by 2050.
offshore wind farm in Brittany and Polymer flooding can contribute
one of the first in France to obtain all towards meeting that target by
the necessary government permits for its construction and operation. 3-6 times. This reduction is primarily
The Saint-Brieuc offshore wind farm achieved through a more efficient
covers a total area of 75 sq km, will sweep of oil within the reservoir,
have a total capacity of 496MW and resulting in water cut reduction and,
The scope of work consists of the engineering, construction, installation, connection and testing of the offshore substation. The Saint-Brieuc offshore substation consists of a 63m high jacket of 1,630T and 315T piles and a topside weighing 3,400T. The topside is 55m long, 31m wide and 23m high.
reducing CO2 emissions per barrel by produce 1,820GWh annually.
ultimately, a decrease in required pumping energy at the producers and less taxing on fluid separation equipment and processes. With the acceleration of the recovery of oil, several years of water and energy consumption are avoided for surface facility operations, including all operational factors. Currently, 60% of global brownfield production is from water injection. Polymer flooding is a proven technology with more than 300 projects worldwide. This EOR technique has been economically and technically successful in full-field projects, such as India (Mangala), Canada (Pelican Lake, Suffield, Medicine Hat), Argentina (Diadema, Grimbeek), China (Daqing, Shengli, Dagang), the Middle East (Marmul) and Eastern Europe (Patos Marinza, Kazakhstan) fields. These projects report an average utilisation factor of 1.7kg of polymer per incremental barrel of oil. Polymer flooding can generate significant short-term production with a low incremental cost compared to exploration and green field development.
SNF has developed modular surface facilities integrated into sea containers connected to existing water flowlines. This ‘plug and pump’ approach accelerates the implementation of polymer injection. In turn, the modular approach offers operators flexibility by enabling incremental deployment from pilot to potential full-field development.
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www.snf.com
