Supply Chain News

Hywind Scotland floating offshore wind farm (Credit Equinor)

ORE Catapult's Floating Wind Center Attracts Leading Offshore Energy Players

, a Joint Venture between the Green Investment Group and RIDG, are joined by energy companies Total and Shell in the Centre of Excellence.ORE's floating offshore wind center will focus on all areas of floating wind activity in the UK across four key workstreams – technology development, supply chain and operations, development and consent, and delivering net zero. "The aim is to reduce the cost of energy from floating wind, accelerate the build-out of floating farms, create opportunities for the UK supply chain, as well as driving innovations in manufacturing, installation and operations

(Photo: Ørsted)

New Report Outlines Big Potential for Offshore Wind

wind has made great strides over recent years to become increasingly cost competitive compared to other energy sources, including fossil fuels. In the years ahead this momentum will only build as costs continue to fall.The growing volume and size of offshore wind projects, along with improving supply chain competencies larger, more efficient turbines (the current largest is 14 megawatts (MW)), and the utilization of offshore transmission substation hubs have all helped to reduce offshore wind’s levelized cost of energy (LCOE). According to WER, LCOE has declined from a global average $170/MWh

Credit: ABB

ABB's Hybrid Power and Propulsion for Færøysund Live Fish Carrier

event of power outage or blackout. In environmentally sensitive areas, stored energy, supported by clean shore power connected via ABB technology, will enable emission-free operation.“This is a very sophisticated live fish carrier whose energy efficiency contributes to sustainability in the food supply chain it serves and in its working environment,” said Sindre Sætre, head of ABB Marine & Ports business in Norway.  “Building on years of ABB experience in hybrid power solutions, we are proud to make a first delivery for a ship of this specialized type. The order also adds

Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market --
© zozulinskyi/AdobeStock

The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World

predicts that the offshore wind projects could create up to 83,000 jobs and $25 billion in annual economic output by 2030. Already, the AWEA reports, companies have announced well over a billion dollars in port-related infrastructure, transmission infrastructure, manufacturing facilities and supply chain development.Meanwhile, in other parts of the world, offshore wind development and infrastructure is already well developed, particularly in places like northern Europe where the first offshore wind farm was erected in 1991. Unsurprisingly, many companies from those markets are looking closely

Jim Cargill, Chief Executive, PlanSea Solutions - Credit: PlanSea Solutions

PlanSea's Software to Cut North Sea Logistics Costs, Emissions

logistics both in the UKCS and overseas. We are delighted to be working with the OGTC and our operator partners to deliver this important project for the sector.”Stephen Ashley, Digital Transformation Solution Centre Manager at the OGTC, added: “The OGTC has a key focus on the digital supply chain. From the outset, we have been looking at how the industry can improve the efficiency, particularly vessel utilization. With the support of industry partners BP, CNOOC International, and Equinor we are supporting PlanSea to develop a marine logistics optimization capability that has the potential

(File photo: Kraken)

Kraken Reports 126% Revenue Jump in 2019

said it is forecasting consolidated first quarter 2020 revenue of $6 million – $6.5 million compared to $1.4 million in the first quarter 2019.Kraken said it is not currently experiencing major impacts from the recent oil price collapse and coronavirus pandemic, but noted these could affect its supply chain, customers, employees and operations and impact the number of contracts closed, sales cycle lengths and ability to deliver product and services in a timely manner

Image Credit: DNV GL

Are O&G Digital Twins Useful? DNV GL Moves to Find Out

Offshore classification and technology advisory group DNV GL has set out to test and see if Digital Twin technology and data can be trusted and if they deliver value.The Norway-based firm has thus launched an international call to oil and gas operators and the supply chain to pilot a methodology to prove the value of the technology.Companies manufacturing hardware across the oil and gas value chain must prove the safety, quality and integrity of components, equipment and assets through recognized quality assurance principles. However, no standard process exists to provide the same mechanism of trust

(Photo: Australian Antarctic Program)

Sea Trials for Australia's New Icebreaker Delayed Due to COVID-19

Everest from December 2020 until March 2021.Scaling backElsewhere, the coronavirus pandemic is having a significant impact on all aspects of the Australian Antarctic Program, forcing limited movement of people and decreased operational capacity, reduced ability to recruit and train new teams and supply chain disruptions that have resulted in increased costs.AAD Director, Kim Ellis, said the coronavirus' impacts will result in the 2020-21 summer season being scaled back.“We will focus solely on resupplying our stations and changing over teams. As a result, there will be no major construction

Keppel O&M, EMA Launch Call for Smart Solutions in Offshore Sector

to reduce our carbon footprint by leveraging and test bedding clean floating energy solutions. At the same time, it enables Keppel O&M to provide power for our own operations, support customers in delivering cleaner power, grow our LNG bunkering services and improve the efficiency of the current supply chain, while extending our gas offerings in the floating power segment. Keppel’s drive to provide clean floating energy solutions will complement EMA’s work in ensuring energy sustainability.”Applications are now open and will close on 24 June 2020, 1200hrs, Singapore time (UTC +08:00)

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