Floating Production – A Growing Segment in Transition
scale arrays and will consume large amounts of mooring components and dynamic electrical cables as well as the large anchor handler and subsea support vessel capacity that will install and maintain the elements.Much of the new floating wind supply chain will leverage the existing floating oil & gas supply chains. Players experienced in deepwater oil & gas operations, whether developers, EPCI contractors or component and service suppliers, will find a growing opportunity to leverage their skills in the emerging floating wind segment.These are the findings of a new whitepaper produced by Intelatus
ABL Wraps Up German Subsea Pipeline Survey Job
the planned LNG terminal in the port of Mukran with the German pipeline network in Lubmin.In the future, the pipeline will also be used to feed green hydrogen into the German grid via the Mukran entry point.“OAL is an important energy infrastructure project which strengthens the security of gas supply in Germany and across Europe. ABL has a long history acting as marine warranty surveyor as well as engineering and marine consultant for the installation of some of the world’s most significant subsea pipeline projects,” says Sergio Leone, ABL’s MWS tender and project manager
Tapping the Gas Bank in the Barents Sea
in recent months has heightened awareness surrounding the importance of stabile access to reasonably-priced energy.Purchasing Gas from the EastUncertain gas supplies – particularly the loss of Russian gas – have caused nations such as Germany, France and Italy to enter into long-term gas supply agreements with Qatar.The energy situation in Europe is still quite challenging. The loss of pipeline gas deliveries from Russia came at the same time as much of the new power generation in Europe has been non-adjustable power production.Without gas to produce power, parts of Europe would have
Operators to Inspect Finland-Estonia Gas Pipeline for Possible Leak
and regasification unit (FSRU) to receive liquefied natural gas (LNG), replacing supplies from Russia which were cut in the wake of Moscow's invasion of Ukraine.Situated at Inkoo, the Exemplar FSRU vessel has supplied gas to Estonia via the Balticconnector.Elering said there was no shortage of gas supply in Estonia as its customers were receiving gas from Latvia.(Reuters - Reporting by Terje Solsvik; editing by Jason Neely
McDermott Bags Major Subsea Pipeline, Cable Order in Qatar
Subsea Cables Project, COMP1. McDermott defines a major contract as between $750 million and $1.5 billion.The COMP1 project is part of the NFPS Offshore Compression Project involving the installation of new assets in Qatar's North Field, including compression complexes at seven locations to sustain gas supply to the existing liquefied natural gas (LNG) production trains into the future.The contract award to McDermott follows the North Field Expansion Project (NFXP) contract awarded to McDermott in 2022, which is currently under execution and McDermott says, "remains one of the largest contracts
Subsea Compression: A Step Change at Ormen Lange
startup near the end of 2025, according to the OLP3 Impact Assessment.It’s a crucial project in today’s context for multiple reasons, says Richard. “Ormen Lange supplies up to 20% of the UK’s gas needs,” he says. “In the current situation, the extension of that gas supply to the UK, and Europe in general, is vital. Ormen Lange Phase 3 is also one of the lowest carbon-intensive projects globally, because we’re using green hydroelectric energy to power the subsea compressors. For both our companies and the wider industry, this very low carbon footprint is absolutely
Subsea 7 Rises on Improved Outlook, Cash Dividend
said the share price rose on the dividend decision and improving outlook, and that the oil service sector, which has fallen out of investors' favor in recent years, could be helped by the changing geopolitical situation."There is a political awareness that you can not rely on Russian oil and gas supply, and you need to invest more (in the West)," Carnegie analyst Frederik Lunde said."Renewables are fine, but they would not move the needle in the short-term," he added.Subsea 7 swung to a full-year net profit of $36 million in 2021 from a loss of $1.1 billion in 2020 and said it
Aker Solutions to Deliver Subsea Umbilical for Chevron's J-IC Project Off Australia
the $4 billion project in July 2021.The Jansz–Io gas fields are located within production licenses WA‐36‐L, WA‐39‐L, and WA‐40‐L approximately 200 km off the north‐west coast of Western Australia in water depths of approximately 1,350 meters.Subsea compression technology will help maintain gas supply from the Jansz-Io field to the three existing LNG trains and gas plant on Barrow Island.A modification of the existing Gorgon development, J-IC will involve the construction and installation of a 27,000-tonne normally unattended floating Field Control Station (FCS), approximately 6,500 tonnes of
Kongsberg Tech for China-built Offshore Wind Turbine Installation Unit
delivery is rounded out with a comprehensive Digital Solution with a new planning, advisory, monitoring and reporting tool to improve the safety and operation of the vessel," Kongsberg added.Further, included in the delivery are Bergen LNG (Liquified Natural Gas) engines, together with an LNG Fuel Gas Supply System. Kongsberg Maritime also said that its news PM azimuth thrusters will secure optimized performance both for transit, maneuvering and dynamic positioning. The scope of supply also includes an array of appropriate deck machinery, the company added.The offshore wind installation vessel'
February 2024
