Category Archives: Offshore

Australian Energy Producers, representing Australias upstream oil and gas exploration and production industry, hascalled for the inclusion of liquefied natural gas (LNG) in the governments future gas strategy, enabling the country to take advantage of its gas resources and augment them further.

According to Australian Energy Producers, the latest Resources and Energy Quarterly report has spotlighted the importance of Australias gas exports, showing tens of billions of dollars of economic benefits flowing in for Australians.

As a result, the oil and gas industry association underlines that the report shows why the Australian government should not miss the opportunity to continue being among Asia-Pacifics top gas suppliers when it finalizes its Future Gas Strategy.

Samantha McCulloch, Australian Energy Producers Chief Executive, highlighted: Australias oil and gas industry is committed to ensuring that our LNG exports deliver substantial returns to Australia while underpinning our domestic energy security. Our exports help governments build hospitals and schools and fund policies such as cost-of-living relief.

Australian Energy Producers Chief Executive is convinced that LNG is still delivering substantial benefits, despite resource returns broadly declining after the recent peak of the cycle. In line with this, LNG exports hit a record $92 billion during the last financial year, helping deliver over $16 billion of taxation to governments.

In addition, the industry spent another $45 billion directly with Australian businesses. The latest report has found that LNG exports are forecast to total $72 billion this financial year. As there is a risk that the current pipeline of gas projects may become insufficient, the report noted there may be pressure on production in the future because gas exploration was low for the past five years.

The Future Gas Strategy must recognise the critical roles of Australian gas in the decades to come both domestically and in our region. New gas supply is critical for domestic and international markets where our valued customers rely on our energy and help support thousands of jobs and pay for public services and infrastructure in Australia, added McCulloch.

According to a recent study, Australia will need substantial gas production in 2050 under all net zero scenarios, with as much as 130% of current output needed depending on the rate of renewables roll-out. In its2024-25 pre-budget submission, Australian Energy Producers called for a plan that would enable Australia to avoid looming shortfalls while continuing to boost its efforts to deliver affordable and reliable energy for homes and businesses.

Export returns like these show Australia must secure the opportunity of LNG, with Southeast Asia alone expected to increase LNG demand by a factor of 10 by 2050 under some IEA scenarios. Our exports also have the potential to reduce emissions by up to 166 million tones of carbon dioxide annually by helping importing nations switch away from higher-emitting fuels such as coal, concluded McCulloch.

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Australia urged to ensure its gas strategy features LNG opportunities - Offshore Energy

Siem Offshore do Brasil, a subsidiary of Norways shipping player Siem Offshore, has won a four-year assignment in Brazil with an undisclosed company for one of its oil spill recovery vessels (OSRV).

The new contract award for the OSRV Siem Marataizes is slated to begin in the second quarter of 2024. This vessel has been designed and equipped to fight and contain offshore oil spills to reduce environmental damage.

With an LOA of 56.8 m, a breadth of 14 m, and a draught of 4.8 m, the 2016-built OSRV Siem Marataizes is of Ulstein P801 design and comes with a DWT of 1,300 t.

The boost in charter rates enabled Siem Offshore to secure operating revenues of $336 million for the fiscal year 2023, an increase from $274.3 million in 2022, and $85.2 million for 4Q 2023, compared to $64.3 million during the same period in 2022.

The Norwegian vessel owner recently won more work for several vessels, including a contract extension for the 2009-built diesel-electric driven multipurpose support vessel (MPSV).

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Siem Offshore lines up multi-year gig for 2016-built oil spill response vessel in Brazilian waters - Offshore Energy

Equinor and Polenergia have applied for environmental approval for the connection infrastructure of the Batyk I offshore wind farm as the project is being prepared for auction in Poland in 2025.

The Batyk I offshore wind farm is one of three projects jointly developed by Equinor and Polenergia in the Polish Baltic Sea. Batyk I, Batyk II and Baatyk III will have a combined capacity of up to 3 GW, allowing more than four million Polish households to be supplied with green energy. The 1,560 MW Batyk I is the largest wind farm under construction in the Baltic Sea.

According to the developers, Batyk I is also the most advanced offshore wind farm project in the Baltic Sea, with the project expected to benefit from the best solutions developed in the construction of the earlier projects, Batyk II and Batyk III. This is expected to significantly streamline the investment process.

The Batyk I offshore wind farm will be located about 80 kilometres from the coastline. Electricity from the project will flow via cables ashore to a connection point at the Polish Power Grid Krzemienica substation under construction in the Redzikowo municipality. A land connection infrastructure corridor of up to 20 kilometres will run underground to preserve tourism and scenic values and to minimise impacts on existing land use.

The planned onshore power exit will be implemented partially in the immediate vicinity of the corridor designated for the connection infrastructure of the Batyk II and Batyk III offshore wind farms. One landfall location using trenchless technology is planned for all three wind farms. To date, Batyk I has obtained a permit to lay and maintain cables in the offshore section and a grid connection agreement with the transmission system operator.

A common corridor section for the cable bringing power out of all three Batyk projects will significantly shorten the investment process, make it easier and cheaper, Jerzy Zan, CEO of Polenergia, said.

The construction of the Batyk I wind farm will benefit from the best practices developed in the construction of the earlier projects, Batyk II and Batyk III. This applies not only to the common infrastructure corridor, but also to the supply chain being built, the acquisition and training of future personnel, or the relations with local residents and local administration, which are very important to us. Investment continuity will allow a smooth transition between the two phases of offshore energy development in our country.

The total distance from the connection point and the total planned capacity justifies the use of the first offshore wind farm power derivation using direct current (HVDC) technology. This technology has already been installed at the largest offshore wind farm in the world Dogger Bank in the UK, where the first power was fed into the grid in 2023. Equinor is one of the shareholders in this project and will be the operator in its operational phase. The experience gained from the UK will be transferred to Poland. An application to change the connection conditions for Baltic I to direct current technology has already been submitted to the Polish Power Grid.

We have the highest quality technologies and solutions that we implement in our projects. Batyk II and III will be among the first offshore wind farms in Poland, and they are scheduled to come online in 2027. Batyk I is the most advanced project of the second phase, scheduled for auction in 2025. The green energy that will flow from all three offshore wind farms will provide stable renewable energy for more than 4 million households, said Jerzy Micha Koodziejczyk, Country Manager of Equinor in Poland.

The Batyk II and Batyk III offshore wind farms, due to come online in 2027, will have a capacity of 1440 MW. The projects already have contracted major suppliers of key components. Siemens Gamesa has been appointed as the turbine supplier, SIF Netherlands B.V. as the foundation supplier, and Hitachi Energy as the electrical systems infrastructure supplier.

Equinor and Polenergia also already have secured contracts for the design, manufacture, supply and installation of internal cables and export cables for both projects.

The internal cables will be supplied and installed by Seaway7. In turn, the contract for marine export cables was awarded to an international consortium formed by Jan de Nul and Hellenic Cables. The investment partners also signed an agreement with DNV, which will take care of certification of the offshore parts of the Batyk II and Batyk III wind farms.

This year, construction work will begin on O&M base in eba, which, as a logistics and operations centre, will be responsible for the safe and proper operation of offshore wind farms for 30 years of their operation. The base will employ about 100 people. All three projects are expected to generate up to 10,000 jobs.

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Poland's Largest Offshore Wind Project Readies for 2025 Auction | Offshore Wind - Offshore WIND

Trinidad and Tobagos liquefied natural gas (LNG) producer Atlantic LNG has hand-picked Massy Wood, a joint venture of the UKs engineering and consulting company Wood, to provide project management and engineering services for its liquefaction facility in Point Fortin.

The three-year contract will enable the two players to work together on improving the operational efficiency and reliability of critical gas supply in the region. The contract will be delivered by Massy Woods team in Trinidad, receiving support from Woods LNG experts in Houston, and the companys global decarbonization and new energy teams.

Mala Baliraj, Massy Woods Chief Executive Officer, remarked: We are delighted to grow our relationship with Atlantic, building on the scope of services we already provide to this important natural gas facility.

Massy Wood has been a trusted partner of choice for over 20 years in Trinidad. We are particularly proud of our delivery teams, who recently achieved over 43 million man-hours without a lost time incident, further demonstrating our unwavering commitment to safety and performance excellence.

Following up on the existing construction management services delivered over the last decade and focusing on reducing risk and improving performance at the Atlantic facility, Massy Woods new award is meant to provide complete end-to-end engineering, procurement, and construction (EPC) solutions.

This comes after Massy Wood signed a five-year framework agreement with Shell to deliver engineering projects and provide asset support, also in Trinidad, and was chosen by Japans Inpex Corporation to work on its global decarbonization projects. Earlier this year, the firm secured a contract with BP to deliver topside modifications for its production hub in the central North Sea.

Trinidad, which is said to be the second largest LNG exporter in the Americas, has Atlantic LNG as its sole LNG producer, exporting approximately 15 million tonnes per annum. The company started the construction of Train 1 at its Point Fortin facility in 1996, with the first LNG produced in 1999.

Three additional trains have been built since then. A holding company, that owns each of the four trains, comprises different member companies, including the National Gas Company of Trinidad and Tobago (NGC), BP, and Shell.

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New assignment for Wood in Trinidad and Tobago - Offshore Energy

Gustav Witze rules out building any offshore fish farms if there is no ground rent tax first. File photo: Magnus Johan Mary

Salmon farming heavyweight SalMar wont develop a fully offshore farm in Norway until the government extends its ground rent tax to offshore developments, chairman Gustav Witze has said.

Witze was speaking to Ole Erik Almlid, chief executive of the Confederation of Norwegian Enterprise, in an interview on stage at seafood organisation Sjmat Norges annual conference in Troms yesterday.

So-called ground rent is a 25% tax on the value added to farmed salmon and trout during the sea phase and comes on top of Norways 22% tax on profits, taking the tax level to 47%. Offshore farms will require considerable investment and time before becoming profitable and the rationale for Witzes request appears to be that if offshore farming has a ground rent tax applied now, salmon producers will be able to offset that expenditure against their tax bills, effectively getting a government subsidy to develop offshore.

News outlet DN reported the conference.

We want to produce the salmon further out to sea. In connection with ground rents, the state/Vedum (finance minister Trygve Slagsvold Vedum) said that ground rent should not be introduced for offshore aquaculture, but that it should not ignore the fact that it could introduce it later when profitability was better. Where is the understanding of how to use natural resources, DN reported Witze saying.

SalMar, which is the co-owner of Scottish Sea Farms, is the majority owner of Aker Ocean AS, a company formed to develop farming of salmon in the open sea.

The company already operates Ocean Farm 1, which was built in China for SalMar. It is located off the coast of Trndelag at a location that is exposed, but not classed as offshore. Since 2021, SalMars plan has been to build sea cages and install them in even more exposed locations and offshore, but Vedum and the government have put a damper on the companys plans.

Witze said SalMar had an ambition to produces 150,000 tonnes of salmon annually into the open sea in 2030.

Then the politicians come and say that just wait until you have finished investing. Then comes the ground rent tax.

Is it out of the question for SalMar to build offshore in Norway as long as there is no ground rent tax there, asked Almlid.

Yes, yes, yes, are you on track? The basic interest will come if the earnings come. It doesn't work, replied Witze, according to DN.

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SalMar 'won't build offshore farms in Norway without ground rent tax' - FishFarmingExpert

The partnership sees EDF Renewables UK, ESB and Reventus Power each owning a 33.33% share. The partnership confirms the trios commitment to delivering floating offshore wind in the Celtic Sea and expects to bid in The Crown Estates Leasing Round 5.

DP Energy remain a development partner in the project, leveraging their local presence and engagement.

Matthieu Hue CEO of EDF Renewables UK said: We are delighted to welcome ESB and Reventus Power onboard as our new joint venture partners to Gwynt Glas. We already work with ESB on other projects, including Neart na Gaoithe, our offshore wind farm, currently under construction in the Firth of Forth and the Stornoway onshore wind farm in the Western Isles. We have a close relationship with the Reventus Power team, having a worked with them on Provence Grand Large, Frances first floating offshore wind farm.

Jim Dollard, Executive Director, Generation Trading at ESB said: ESB is delighted to be joining two experienced partners in a collective effort to secure seabed rights in The Crown Estate Round 5 seabed allocation process. As ESB drives towards its Net Zero by 2040 target, it is recognised that offshore wind will be a crucial contributor to that goal. Floating offshore wind in particular has the potential to really turn the dial, not just here in the UK but also in Ireland where we have one of the best floating offshore wind resources in the world. I look forward to growing our relationship with EDF Renewables UK and I welcome the opportunity to work with Reventus Power.

Michael van der Heijden CEO of Reventus Power said: We are delighted to join with EDF Renewables and ESB, two industry leading players, in the Gwynt Glas consortium. Together with our partners, we bring a deep understanding of the floating offshore wind market and we look forward to participating in the forthcoming UK Round 5 Leasing Round

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New floating offshore wind partnership committed to Celtic Sea - 4C Offshore

Norwind Offshore has placed an order for a stand-alone ECMC 7-tonne 3D crane for the commissioning service operation vessel (CSOV) newbuild 952, Norwind Helm. The order extends the delivery of Seaonics first electric gangway system to Norwind Hurricane, which occurred on 21 March 2024.

The crane is to be installed in connection with the delivery of the newbuild from Vard Brattvaag planned for November 2024.

The boom control, slew control, and telescope control of the Seaonics ECMC crane are all electric and dynamically used to perform the 3D compensation of the crane tip.

Norwind Helm will be the first CSOV with two 3D cranes installed, said the Norway-based company.

This delivery is in addition to the ECMC Gangway with the integrated 3D crane that Seaonics is already delivering to the same vessel.

The ECMC crane will be delivered and commissioned during the summer.

Norwind Helm was launched at Vard Shipyards Braila, Romania, on 2 February 2024. The CSOV has an overall length of 85.5 metres, a breadth of 19.05 metres, and accommodation for 87 people.

The vessel will be delivered to Vard Brattvaag, Norway, where the last equipment will be mounted, and the tests and trials will be performed.

This is the third vessel built by Vard for Norwind Offshore. The first CSOV,Norwind Gale, was delivered to Norwind Offshore in June 2023.

In terms of other news coming from Norwind Offshore, the company recently, in collaboration with Navigare Capital Partners, signed a contract with Vard for the design and construction of a tailored CSOV. The vessel is planned to be delivered in the first quarter of 206.

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Norwind Offshore's CSOV to Feature Seaonics Fully-Electric Crane - Offshore WIND

Published on April 09, 2024 by Dave Kovaleski

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The New Jersey Board of Public Utilities will use PJM Interconnections competitive planning process to help New Jersey advance its offshore wind goals.

The collaboration, which asks PJM to solicit transmission solutions to serve an additional 3,500 MW of offshore wind energy, totaling 11,000 MW, by 2040, was approved by the Federal Energy Regulatory Commission (FERC).

This is the second time New Jersey has leveraged a provision in PJMs Operating Agreement that enables the state to take advantage of PJMs expertise and planning process to develop transmission improvements.

Overall, New Jersey is the first state to use PJMs State Agreement Approach process to advance public policy goals. PJMs work with NJBPU has been cited as a model for other states to develop the transmission infrastructure needed for their own energy policies.

PJM filed the agreement, signed by both PJM and NJBPU, with FERC on Feb. 2. It was made effective as of Jan. 3, 2024, as requested.

This is the next phase of PJMs State Agreement Approach Study Agreement, or SAA 2.0. In November 2020, NJBPU requested the use of the SAA to incorporate New Jerseys initial offshore wind goals of 7,500 MW by 2035 into PJMs regional transmission planning process.

That resulted in NJBPU awarding $1.1 billion in projects to construct the onshore transmission facilities necessary to deliver those 7,500 MW to New Jersey customers. Those enhancements to the grid are currently being implemented by the designated entities that were awarded project components.

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FERC approves collaboration between PJM, New Jersey to boost offshore wind - Daily Energy Insider

The Vegas Golden Knights (42-27-8) play their last road game of the regular season on Wednesday night when they visit the Edmonton Oilers (47-24-5). The Golden Knights havent had a great road trip so far in losses to Arizona (7-4) and Vancouver (4-3) but theyll try to salvage the trip against an Oilers team that []

The Vegas Golden Knights (42-27-8) play their last road game of the regular season on Wednesday night when they visit the Edmonton Oilers (47-24-5). The Golden Knights havent had a great road trip so far in losses to Arizona (7-4) and Vancouver (4-3) but theyll try to salvage the trip against an Oilers team that could be without Connor McDavid (questionable undisclosed).

It goes without saying that Edmontons chances take a hit if McDavid cannot go on Wednesday night. The reigning MVP suffered a lower body injury on Saturday against Calgary and even though the Oilers have had three nights off, the playoffs are right around the corner and it might not be worth risking his health.

The Oilers have won five of their last seven, scoring at least 4 goals in each of those victories. Leon Draisaitl has 9 points in his last 6 games so he can pick up the slack if McDavid is indeed out on Wednesday.

Its been a tough road trip for Vegas, especially the loss to Arizona who is the 4th worst team in the Eastern Conference. The good news is the Golden Knights end the regular season with four home games, but Wednesdays visit to Edmonton is still important as Vegas is a point back from Los Angeles in the West which would help them avoid the wild card.

The Golden Knights havent looked good the last two games, but this is also a team that won six of seven prior to the consecutive losses. Edmonton is secure in their seeding while Vegas needs a victory, and the uncertainty of McDavid gives the better value to the visitors.

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April 10 Golden Knights vs Oilers NHL Offshore Betting Odds, Preview - The Latest Sports Betting News - OffshoreSportsbooks.com

Arsenal will be hoping to secure their position at the top of the Premier League standings when they return to domestic action this weekend. Aston Villa will be the visitors to the Emirates, with the Champions League-chasers looking to end a two-game winless run. Schedule & How To Watch When: Sunday, April 14, 2024. 11:30 []

Arsenal will be hoping to secure their position at the top of the Premier League standings when they return to domestic action this weekend. Aston Villa will be the visitors to the Emirates, with the Champions League-chasers looking to end a two-game winless run.

There is no pause in the race for the Premier League title this season. Arsenal will have no room for error when they take to the field this weekend against Aston Villa. The Gunners remain top of the standings at this stage, but they are above Liverpool on goal difference alone. Arsenal have recorded victories in four of their last five league matches, and they boast the best attacking and defensive records.

The Gunners have picked up victories in their last two in the league, with their most recent success coming in the form of a dominant 3-0 away victory against Brighton. However, Arsenals momentum was halted slightly in midweek after they failed to gain a first leg advantage when playing out a draw against Bayern Munich in the Champions League.

Aston Villa still look to be on course for a Champions League finish this season. The Villa come into this round sitting fifth in the standings, but they have dropped in the table after winning just once across their last five matches. But, their European hopes still look strong at this stage, as Man United have failed to make in-roads.

Villa only had themselves to blame for dropping points in their previous fixture, as they threw away a 2-0 advantage against Brentford before drawing 3-3. This fixture comes in the middle of their Europa Conference League tie with Lille, meaning it will be interesting to see what kind of team Unai Emery fields this weekend.

Villas record away from home against Arsenal is a concern ahead of making a wager on this fixture on Sunday. Therefore, we will be taking a chance on the Gunners to maintain their hold on top spot in the Premier League.

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Arsenal vs Aston Villa EPL Offshore Odds, Preview, and Prediction - The Latest Sports Betting News - OffshoreSportsbooks.com