Energy mix will decarbonize more quickly in Europe. Gas consumption alone will be 9% lower in 2024 as countries pivot towards renewables Greenhouse gas emissions will be 580Mt (or 2.3%) lower in Europe in the period 2022-2030 Europe will produce 12% more gas by 2030. Russian exports of gas will fall as Asian market cannot compensate for loss of European …
Global energy consultancy Xodus has completed a major benchmarking emissions review for a leading Middle East oil operator’s full asset portfolio, demonstrating significant emissions and cost savings. The team identified more than 100 emissions reduction opportunities as a result of the site studies, representing a minimum 20% reduction in total CO2 equivalent. A third of the improvements can be easily …
05/04/2022
POSH PARTNERS WITH FIRST MARINE SOLUTIONS TO EXPLORE FLOATING OFFSHORE WIND OPPORTUNITIES IN EUROPE
SINGAPORE, 05 APRIL 2022 – Offshore marine services provider, PACC Offshore Services Holdings (“POSH”), today announced that it will be partnering with mooring and marine service specialist First Marine Solutions (“FMS”) to explore growth opportunities for floating offshore wind in Europe. The two companies signed a Memorandum of Understanding (“MoU”) to bring together their combined expertise to market. Both POSH …
Scotland’s leading offshore decontamination and decommissioning specialist is celebrating 40 years in business. Aberdeen-based Scotoil Services began servicing the North Sea oil and gas industry in 1982 and has expanded to develop the country’s premier onshore facility for the decontamination and disposal of redundant exploration equipment. Last year alone Scotoil, handled over 5,000 tonnes of subsea decommissioning material achieving a …
Petrofac has secured a contract from the Australian Government to carry out the first phase of decommissioning work on the Northern Endeavour. The award, valued at up to A$325 million ($236 million), will see the services group’s Perth-based team complete Phase 1 of the decommissioning of the floating production, storage and offtake (FPSO) facility. Read the full story here. Photo Credit: …
Shell (LON: SHEL) has started up gas production from the Colibri tie back project in the Caribbean. It will allow for the delivery of has both domestically and internationally through Atlantic LNG, with the supermajor hailing the start up as a “significant milestone”. Read the full story here. Photo Credit: Energy Voice.
Australian engineering giant Worley (ASX: WOR) has pledged to create hundreds of jobs in the UK as part of an expansion of its operations. Over the next 18 months the company plans to generate over 1,000 “highly skilled” roles in areas including Humberside, Manchester, Leeds, Glasgow and Aberdeen. Read the full story here. Photo Credit: Energy Voice.
A senior figure at energy services giant Petrofac (LON: PFC) has challenged the energy supply chain to earn its right to secure work on low carbon schemes. John Pearson, the company’s chief operating officer, says businesses cannot simply sit and “wait for the money to roll in”. He told attendees at Offshore Energies UK’s 2022 Business Outlook launch in Aberdeen on Tuesday that there …
Shell (LON: SHEL) has announced the start up of production at its PowerNap subsea development in the US Gulf of Mexico. A tie-back to the supermajor’s Olympus production hub in the Mars Corridor, the scheme is estimated to yield 20,000 barrels of oil equivalent per day (boe/d) at peak production. Read the full story here. Photo Credit: Energy Voice.
28/03/2022
Ashtead Technology completes first significant subsea monitoring project using LUMA™ modems
International subsea equipment rental and solutions specialist Ashtead Technology has successfully completed its first significant subsea monitoring project using Hydromea’s LUMA™ high-speed through-water wireless optical modems since signing their global rental partnership last year. The project saw Ashtead Technology provide its Autonomous Structure Monitoring Systems, which were each integrated with LUMA™ optical modems, to complete an underwater installation monitoring work …