Daily Archives: August 10, 2022

Inch Cape Offshore Limited (ICOL) has appointed K2 Management (K2M), a renewable energy engineering and project management consultancy, as the lenders technical advisor (LTA) for the 1,080 MW Inch Cape offshore wind farm in Scotland.

K2M is providing technical due diligence on all aspects of the project design, delivery, and operations, as well as providing a bank launch and financial close report for lenders.

The companys involvement ensures that, despite the projects scale and complexity, ICOL will be able to move forward with a business case to secure financial close, K2M said.

The partnership between ICOL and K2M follows on from an earlier twelve-month collaboration under which K2M provided an initial view on project bankability, design optimisation, and early-stage risk mitigation.

With ever more sizeable projects in more extreme environments, both long-standing and emergent offshore wind developers and investors need more than ever before total clarity on the financial and development challenges that projects of this scale entail, said Bethany Rowson, Senior Consultant at K2M.

Recently awarded a Contract for Difference (CfD) under the UK fourth Allocation Round, ICOL is a joint venture between Red Rock Power Limited and Irish energy company ESB.

Inch Capeoffshore wind farm is located in the North Sea around 15 kilometres off the Angus coastline at a site covering an area of some 150 square kilometres.

ICOL initially planned to use wind turbines with a rated capacity of 9.5 MW. The removal of the 1 GW capacity cap, whichoccurredin August 2021, will allow the developer to select the most powerful turbines on the market, possibly with ratings in excess of 15 MW within the consented parameters.

Siemens Energy- Iemants consortium will deliver the offshore and onshore substation package while Fugro alreadystartedwith the nearshore surveys.

With up to 72 turbines, the offshore wind farm will be Scotlands largest single source of renewable power when built, generating the equivalent of the annual demand of more than 1.7 million homes, Inch Cape said.

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K2 Management to Work on Scottish Offshore Wind Project - Offshore WIND

A leading offshore energy trade group is celebrating the Democrats' climate and healthcare bill for rewarding both renewable and fossil fuel energy, setting it apart from other industry organizations representing oil and gas interests that oppose the legislation.

The National Ocean Industries Association, which represents a range of energy firms from oil and gas majors such as BP to wind developers such as Danish company Orsted, threw its weight behind the Inflation Reduction Act's "all of the above" energy strategy after the Senate narrowly passed the bill on Sunday. By contrast, a number of other trades with oil and gas membership slammed the green energy-focused tax-and-spending bill as inadequate to address the global energy crisis.

A CLOSER LOOK AT THE METHANE FEE HEADED TOWARD ENACTMENT

"No legislation is perfect, and the Inflation Reduction Act certainly reflects compromises, but American offshore energy is an issue of national and global consequence," Erik Milito, the NOIA's president and CEO, said in a statement.

Oil and gas companies that lease acreage in federal waters have much to gain if the bill becomes law because it requires the Interior Department to carry out three offshore lease sales it canceled in May. Those leases, which were provided for in the 2017-2022 offshore leasing program, would otherwise have likely gone unsold due to the expiration of the offshore program in June.

The bill also requires the Interior Department to reinstate the lone offshore lease sale the Biden administration carried out last year but whose leases were never awarded, and it conditions the issuance of offshore wind energy leases to the sale of offshore oil and gas leases.

The latter arrangement is seen as functionally locking in more oil and gas leasing from an administration, such as President Joe Biden's, for which offshore wind is a priority but which wants to restrict or end federal oil and gas leasing programs.

The oil and gas industry has been entangled in legal fights over how the Biden administration has carried out its leasing responsibilities, including for Biden's attempt to pause all new oil and gas leasing, a decision that was put on hold by a federal judge last year. The NOIA is a party to some of those suits.

Milito said that with the reconciliation bill's oil and gas leasing provisions, the offshore oil and gas sector will "go back, hopefully, to business as usual."

"When you look at the Gulf of Mexico, the future was becoming more and more uncertain based on the policies that have been advanced by the administration," Milito told the Washington Examiner.

Beyond the oil and gas leasing provisions, the bill provides tax credits for clean energy, including wind, designed to incentivize the deployment of more carbon-free generating sources. It also makes more acreage for offshore wind available for potential leasing by pulling back moratoria on areas in the southeastern U.S. and eastern Gulf of Mexico.

Milito said the bill's higher royalty rate for offshore oil and gas production is among the bill's drawbacks but noted the new minimum rate of 16.66% is lower than the 20% minimum rate contemplated in the House-passed Build Back Better Act. He emphasized further that the bill is "favorable across the board" for oil, gas, and wind.

"We're just not seeing negatives in the legislation that counter-weigh anything on the positive side that we have here for our members," he said.

The NOIA's stamp of approval sets it apart from other prominent industry groups representing oil and gas interests, which have largely come out against the tax and climate change spending bill.

Mike Sommers, president and CEO of the American Petroleum Institute, said the group welcomes the provisions for oil and gas leasing and carbon capture technologies but said it's "opposed to policies that raise taxes and discourage investment in U.S. oil and natural gas."

Sommers also complained that the bill excluded reform measures for infrastructure permitting, which the industry sees as critical for enabling more oil and gas production to help relieve high prices. Congress is expected to take up permitting reform in separate legislation, according to a deal outlined by Majority Leader Chuck Schumer's office.

Separately, the American Exploration and Production Council, which represents large independent oil and gas producers, encouraged the House to vote against the bill.

Anne Bradbury, AXPC's CEO, asserted the bill "will raise energy costs for the American people, hurt our nations competitiveness, and threaten our nations energy security," referencing the bill's methane fee plan, as well as the higher royalty rates.

Republicans in the Senate unilaterally opposed the Democrats' bill, and House Republicans are expected to do the same in spite of the provisions favoring oil and gas leasing. Republicans have criticized the Biden administration for seeking to restrict oil and gas development on federal lands and waters in the face of high energy prices.

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At the same time, the reconciliation bill won over numerous environmental groups, even those that are hawkish against oil and gas development, because of the hundreds of billions of dollars it provides for green energy and climate change mitigation measures.

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Offshore group backs Democrats' energy bill in split with oil and gas industry - Washington Examiner

Israel's military revealed on Tuesday that Gaza's Palestinian Islamic Jihad (PIJ) terrorist group was involved in a failed attempt to launch a drone toward Israel's Tamar offshore gas rig during this past weekend's Operation Breaking Dawn.

The terrorist group's unsuccessful launch of an unmanned aircraft from Gaza prompted Israel's army to step up its efforts to protect the platform located 14 miles off the coast of Ashkelon in southern Israel.

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Tamar gas field in Mediterranean Sea

(Photo: Albatross Aerial Photography)

Fuel was removed from the rig and it was temporarily taken offline at the start of the fighting between Hamas and Israel. The move during last year's conflict with Hamas came at the order of then-energy minister Yuval Steinitzs office.

2 View gallery

Iron Dome missile defense launched to intercept rocket fire from Gaza

(Photo: Reuters )

According to Israeli military estimates, the PIJ launched around 1,175 rockets from the Palestinian coastal enclave at Israel during the three days of conflict that ended late Sunday night with an Egyptian-brokered ceasefire.

About 200 fell short within the Gaza Strip. Two of the misfires resulted in the deaths of at least 11 people, including seven children.

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IDF reveals Islamic Jihad tried to launch drone toward offshore gas rig - Ynetnews

The Netherlands-based engineering company Iv-Offshore & Energy has developed a platform that uses offshore wind energy to produce 85 kilotonnes of hydrogen per year.

With a capacity of 500 MW, the platform can produce enough green hydrogen in a single day to power more than 300,000 hydrogen cars to drive at least 100 kilometres, the company states. According to information available on the companys website, the platform has a production capacity of 10,000 kilograms of green hydrogen per hour.

Iv-Offshore & Energy performed the complete design of the offshore hydrogen platform, from the process design and the integration of the electrolyser systems to the Balance of Plant, jacket design, and auxiliary systems.

The dimensions of the offshore hydrogen production platform are comparable to the 1.3 GW High Voltage Direct Current (HVDC) substation the company designed for RWEs Sofia offshore wind farm in the UK.

The platform weighs 21,000 tonnes (including the topside, jacket and jacket piles) and can be installed in water depths of up to 45 metres.

Now that offshore wind farms are increasingly located further and further away from the coast, the necessity to integrate sustainable energy systems is imperative. Large volumes of electricity produced from offshore wind farms cannot simply be fed into the onshore high-voltage grid at peak times, Iv-Offshore & Energy states.

However, converting it to hydrogen provides a possibility to enable bringing this renewable energy ashore for use. Hydrogen gas is simple and less expensive to transport and store than electricity, and existing or new pipelines can be used.

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Dutch Company Develops Offshore Wind-Powered Hydrogen Production Platform - Offshore WIND

Offshore wind project service firm Seaway 7 has signed a Letter of Award with Moray Offshore Windfarm (West) Limited, to start early works on the Engineering, Procurement, Installation, and Commissioning (EPIC) of inter-array grid cables for the Moray West offshore wind farm.

The Moray West offshore wind farm development is located on the East coast of Scotland in the Moray firth, approximately 14 miles from the Caithness coastline.

According to Seaway 7, the development will be comprised of 60 wind turbine generators with an installed capacity of 882MW.

Seaway 7s scope is under final negotiation and may include the supply and installation of approximately 78 miles of 66 kV subsea power cables and respective cable protection systems.

The company will utilize vessels from its state-of-the-art cable lay fleet which will commence work on the project in 2024.Execution of the scope will be led from Seaway 7s Aberdeen office.

The Moray West project recently obtained a Contract for Difference (CfD) as part of the UK Governments latest CfD Allocation Round.The project is expected to reach a financial close in the coming months, with the first power expected in 2024.

According to Seaway 7, Moray West will represent a sizeable contract agreement once executed. Sizeable contracts for Seaway 7, a renewable business of Subsea 7, are considered to be between $50 and $150 million.

The Moray West project is being developed by Ocean Winds. Ocean Winds is a 50-50 joint venture between EDP Renewables and Engie for offshore wind deployment. Ignitis Group has a minor shareholding in Moray West.

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Seaway 7 Starting Works On Moray West Offshore Wind Farm Cables - Rigzone News

rsted and PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C) have signed a memorandum of understanding (MoU) to launch collaboration on offshore wind projects in Vietnam and globally.

This collaboration aims to deliver offshore substations for rsted and T&Ts proposed multi-gigawatt pipeline of offshore wind projects in Vietnam, supporting national net-zero targets.

In addition to this domestic aspect, the collaboration also has an export angle to support rsteds global pipeline of offshore wind projects.

Dong Xuan Thang, PTSC M&Cs Managing Director, said: The signing of this Memorandum of Understanding with rsted will play a very important role for PTSC M&C to develop its capacities for offshore wind market which is growing in Asia as well as other countries around the world.

The signing ceremony was held at PTSC M&Cs manufacturing facility in B RaVng Tu on 5 August and was attended by representatives of the B RaVng Tu local authority, the Embassy of Denmark in Vietnam, plus other partners.

rsted is ready to support Vietnam to unleash its full offshore wind potential. Vietnam has some of the best conditions in Asia for offshore wind power, many outstanding engineering companies and a highly skilled workforce. Todays inaugural agreement between rsted and PTSC M&C demonstrates another step forward in our ambitions to collaborate closely with local suppliers to kick-start Vietnams new offshore wind industry, Sebastian Hald Buhl, Country Manager of rsted Vietnam, said.

Together, rsted and T&T Group are working with a large number of local partners and suppliers to deliver Vietnams first flagship offshore wind projects, targeting one project in the central south and one in the north by 2030.

Pascal Langeais, Head of APAC Procurement & Supply Chain, said: Todays MOU affirms rsteds commitment to develop and collaborate with PTSC M&C in the years ahead. It announces the beginning of a great journey between our two companies to produce reliable, large-scale green energy together.

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rsted and PetroVietnam Form Offshore Wind Partnership - Offshore WIND

Yesterday Energy Voice published an article titled Can women access sanitary products while working offshore?. When shared on our social media, as well as on our sister sites, the Evening Express and Press and Journal, readers shared their opinions.

Opinions were divided across social media channels, ranging from disgust to dismissal of the issue. Some shared stories of working offshore and the facilities they had available while others were shocked that employers were out of touch with womens issues in the 21st century.

Energy Voice commenter Louise Emlay wrote: Weird..so instead of going to the medic for back-up sanitary products the preferred option would be to get it from the bond?? I would rather stick needles in my eyes than stand in a queue full of dudes and buy a pack of Always.

Better still bring out a surplus every trip and have a decent stock in your locker then there is no issue at all. If I have ever fallen short I head up to the medic where they will normally have decent products to see you through.

Ms Emlay went on to add: Just bored with folk moaning to be honest. No wonder females are accused of getting special treatment.

Evening Express follower Jill Henry said:Cant believe in this day and age there arent sanitary bins offshore!

Press and Journal reader Niall S Clark commented: Worked offshore for over 10 years for these companies mentioned in the article. Theres always been bins available to dispose of sanitary products.

A Facebook commenter with the username Tcott Sracey added: I remember there was a right hoo-ha about this in 94 when I started offshore. All female catering crew except the chef manager and baker.

So the male powers that be in their wisdom said that each female had to put their sanitary products in the bags provided and take them up to the compactor for rubbish on deck except the female chefs. as that would be unhygienic Eh hello!!! Who exactly will be shoving them in and removing them for them??

On our LinkedIn Steve Portelly wrote:After all too many of the facilities offshore are provided for men. Why not provide some for women?

How many women get involved in laying out facilities offshore?

Lets have more disabled people working offshore as well!!

On a few occasions, commenters turned the blame on those women offshore who had been caught off guard with one person writing: Take your sanitary products with you like everyone else does when they go to work. If there are no bins use nappy sacks then throw them in the general waste.

UK trade body for the offshore energy industry, OEUK recently launched an industry survey into the state of inclusion and diversity offshore.

This research will measure the diversity of OEUKs member companies workforce as the organisation aims to drive greater diversity and inclusivity in the industry.

According to OEUK, the survey aims to develop a more sophisticated understanding of the demographics of the workforce than has been previously available.

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Sanitary products offshore: Here's what you had to say - Energy Voice