Inside Energy June 2022

BOOK YOUR PLACE NOW

ENERGY EXPORTS CONFERENCE

Energy Exports Conference 2022 P&J Live Aberdeen

I

14 – 15 June 2022

www.the-eic.com/EEC

STRATEGIC PARTNERS

EIC Inside Monthly news for EIC members June 2022

Spotlight on technology Sector analysis Will the UK energy security strategy give North Sea oil and gas a new lease of life?

E EX NE BO CON PO RG Y O FE RTS N KI RE O N W G NCE

Neles introduces the renewed NelprofTM selection tool

Members’ services Extend the lifespan of wind turbines with Belzona

www.the-eic.com

2

Sector analysis

Will the UK energy security strategy give North Sea oil and gas a new lease of life?

Following the conclusion of COP26 in November 2021, few would have predicted the UK government would be championing North Sea oil and gas just five months later.

Released just days after the latest Intergovernmental Panel on Climate Change (IPCC) report on mitigating climate change, the UK energy security strategy promises to give North Sea oil and gas a “second lease of life”.

Reaction to the long-awaited energy security strategy has been mixed across all sectors; within oil and gas, the industry has largely welcomed the report and is pleased it emphasises the role North Sea oil and gas has in ensuring energy security as we transition to a low carbon economy. However, the public reaction has been somewhat less positive, with protesters gathering across London and some gluing themselves to the doors of the Department for Business, Energy & Industrial Strategy.

The government insist there is no contradiction between their commitment to net zero and a strong and evolving North Sea oil and gas sector. Given oil and gas (particularly) will clearly continue to play a critical role in our energy mix for at least the next three decades, it would be counterproductive to reduce domestic gas supplies that have a carbon footprint up to 50% less than the majority of imported gas.

Based on North Sea Transition Authority (NSTA) figures, the UK continental shelf still possess up to 7.9bn barrels of oil reserves and 560bn cubic metres of gas, with the NSTA planning to launch a new licencing round in the autumn of this year. The number and locations of the blocks to be included in the 33rd Offshore Licencing Round have not been specified, but the previous round in September 2020 awarded 113 licences across 260 blocks to 65 companies. Whether the latest round will still attract interest from any majors or will be dominated by smaller private equity backed players is a major question.

The new strategy does still reaffirm a previous announcement by the government that any new North Sea licences would only be granted if they pass a ‘climate compatibility checkpoint’, although detail on what this checklist encompasses it still lacking. It also reiterates the need for energy security and insists the plans will mean more domestic gas on the grid sooner.

For this dream to become a reality, it is critical the NSTA and government work to reduce the time taken for an exploration licence to lead to production, as it currently stands at an average of 28 years. Despite evidence suggesting oil and gas will continue to be utilised beyond 2050, investment appetite for new North Sea production will be limited if projects aren’t likely to come onstream until after 2040.

Georg

e Blak

e

There are plans to establish a gas and oil new project regulatory accelerators taskforce, which will provide dedicated project specific support to facilitate rapid development, with government hoping it will take years off the development of complex projects. However, if there is any chance of exploration and production companies maintaining a social licence to operate, it is critical that this new taskforce assists in decarbonising the production process and enhances NSTA efforts to bring together key players from the wind and oil and gas sectors as part of the electrification process.

The rise in the oil price has made North Sea projects more commercially attractive, both for redevelopment and greenfield projects. Even before the release of the energy security strategy, Ithaca Energy announced a proposed US$1.5bn deal to acquire Siccar Point Energy – the current Cambo oil field operator – and pledged to develop the Cambo oil field (one of the few UK greenfield developments) despite Shell announcing its intention to pull out of the project in December 2021. They want to reach an FID on Cambo, in which it has a 70% stake, later this year and hope to reach FID on nearby Equinor-operated Rosebank in 2023 (20% stake).

In total, potentially up to 16 upstream projects could reach FIDs in 2022 or 2023 (compared to two and five in 2020/2021 respectively), with some notable projects being the Clair Heavy Oil Field (phase 3), Greater Buchan Area Development Project, Victory Gas Discovery, Suilven Oil and Gas Field (current operator Siccar), Talbot Oil Discovery and the Jackdaw Gas Condensate Field. All eyes will be on how these projects develop in the coming years.

However, this recent optimism has now been tempered somewhat by the announcement of a windfall tax on oil and gas profits, despite industry warnings that it could undermine investment. But while this opposition is understandable, it is unlikely to fundamentally alter longterm investment plans, with the profound shift in language seen in recent months more important.

The government clearly recognises the importance of energy stability and is aiming to foster a well-regulated oil and gas sector characterised by high standards of stewardship.

It has made its willingness to support the industry in the long term abundantly clear and has committed to doubling the tax relief available for firms on their investments.

Overall, these developments are positive for the sector and should help attract interest in the latest licensing round, but even if more discoveries are made, it is unlikely to fundamentally change the naturally declining curve of North Sea production.

George Blake, Energy Analyst george.blake@the-eic.com

Designed and published by Energy Industries Council 89 Albert Embankment, London SE1 7TP Tel +44 (0)20 7091 8600 Fax +44 (0)20 7091 8601 Email info@the-eic.com Web www.the-eic.com @TheEICEnergy EIC (Energy Industries Council)

3

Inside this issue...

June is a special month for everyone at the EIC, especially in 2022: the Energy Exports Conference (EEC), our main event of the year, is finally back to its traditional physical format.

Leliam

de Cas

tro

After being held online for two years due to restrictions imposed by the pandemic, we are happy and excited to receive international operators, developers, contractors, government advisors and more face-toface once again, this time from 14 to 15 June at P&J Live, Aberdeen.

Having welcomed over 6,000 attendees across all sessions at EEC 2021, the whole team involved is working hard to go above and beyond with EEC 2022. You can find out more, including how to attend at: www.the-eic.com/Events/EEC2022 In this month’s issue of Inside Energy, readers can find pieces on the impact of the UK’s energy security strategy on the North Sea, Belzona’s new leading edge repair and protection solution and Neles’ renewed valve sizing and selection software.

For the sector analysis section, we have invited George Blake, Energy Analyst at the EIC and one of the newest additions to the team. He discusses the consequences of the UK shift to energy security policies just five months after COP26. This new position is creating high expectations for oil and gas industry opportunities in the North Sea, which has brought divergent responses from companies and the general public.

Contents Sector analysis

2

Inside this issue...

3

In members’ services, Belzona presents us with its new repair and protection solutions for extending the lifespan of wind turbine blades. The recentlydeveloped Belzona 5711 (which is designed to be applied in association with protective coating Belzona 5721) is a thixotropic paste for the repair and rebuilding of blades, available worldwide through Belzona’s distributors.

EIC databases

4

Members’ services

6

Spotlight on technology features Neles’ renewed Nelprof™ selection tool, a free web-based software for valve sizing and selection. After first being released in 1981, this new version is set to take Nelprof™ to the next level with online access and analysis that follow the latest international standards.

New EIC members

Once again, the EIC teams in Europe, the Americas, Asia-Pacific and the MENA region complete the publication with regional comments and local market updates. Members news is also not to be missed, and readers will be able to keep up with the latest international industry news.

Léliam de Castro, Head of Marketing and Communications leliam.castro@the-eic.com

EIC ENERGY LUNCHEON

23 June 2022 Sign for the EICOnline newsletter Club, Abu Dhabi GetThe inup touch Share your news and views...

Visit www.the-eic.com/Forms/NewsletterSignup Please contact leliam.castro@the-eic.com

BO NO O W KI NG S P ONS OR E D BY

Spotlight on technology 7 Member news

8 12

Social media round up 19 Events calendar

20

International trade

22

UK and Europe news

23

Middle East news

24

Asia Pacific news

25

North America news

26

South America news

27

@TheEICEnergy

EIC (Energy Industries Council)

4

DataStream AUSTRALIA

Cliff Head CCS Project Operator: Triangle Energy Value: US$300m Triangle and Pilot Energy are planning to convert Cliff Head into a CCS scheme once economic oil production of the field has finished.

The plan is to supply CCS services to third parties and to support the subsequent production of blue hydrogen and gas-fired power.

i

Global opportunities BRAZIL

EGYPT

Albacora Leste Redevelopment Project

Egypt Green Hydrogen – Masdar

Operator: PetroRio Value: US$1.8bn PetroRio plans to invest US$1.8bn at Albacora Leste. The company will invest US$150m over the next 18 months in integrity improvement works on the P-50 FPSO followed by the two-phase redevelopment.

Operator: Masdar Value: US$2bn Masdar has signed an agreement with Hassan Allam Utilities to explore the development of green hydrogen production in Egypt. The project is planned to be developed in the Suez Canal Economic Zone.

For more information on these and the 11,000 other current and future projects we are tracking please visit EICDataStream

GERMANY

Wilhelmshaven LNG Terminal (TES) Operator: Tree Energy Solutions Value: US$350m Tree Energy Solutions (TES), in partnership with E.ON, intends to build an onshore LNG import terminal which will have an annual capacity of 10 Bcm of LNG and up to 5 Mtpa of green hydrogen. The first phase will accommodate LNG before moving on to accommodating hydrogen.

US

Southern California Sustainable Aviation Fuel Hub Operator: World Energy Value: US$2bn Air Products and World Energy have announced a partnership to build the new US$2bn major expansion project at World Energy’s Sustainable Aviation Fuel (SAF) production and distribution hub in Paramount, California.

SOUTH KOREA

Offshore Wind Farm Yokji Operator: Vena Energy Value: US$600m Offshore Design Engineering (ODE) has been selected as the owner’s engineer for the offshore wind project.

Under the two-year contract, ODE will oversee a range of services, including basic engineering, wind turbine generators (WTG) package support, and EPC preparation support.

SupplyMap The only database of UK supply chain companies across all energy sectors Need ayour demonstration of EICDataStream, EICAssetMap, EICSupplyMap? Get in touch Share news and views...

Pleasenewsdesk@the-eic.com contact membership@the-eic.com Email Phone +44 (0)20 7091 8600

NE

W

AssetMap

EICAssetMap

ASIA Join us

Asset-tracking database with 4,300 operational assets for energy O&M opportunities in Asia and ISC EICAssetMap maps all key energy assets in all energy sectors across the Asia and ISC region.

EICAssetMap, the EIC’s asset-tracking database for all energy sectors, is now available as a new and powerful membership category for the Asia and ISC region including 4,300 assets from over 15 countries.

Companies can grow their business by identifying and engaging with key targets in the operator, developer and O&M contractor communities in Africa, ASEAN, Asia and ISC, Australasia, Brazil, EMEA, Europe and CIS, GCC, Gulf of Mexico and UK with this fully interactive map-based database.

key energy markets around the world in all energy sectors to find new O&M business opportunities Search for operational assets in

www.the-eic.com/MediaCentre/Detail?articleId=142 Sign up for the EICOnline newsletter

Visit www.the-eic.com/Forms/NewsletterSignup

@TheEICEnergy

EIC (Energy Industries Council)

5

6

Members’ services Extend the lifespan of wind turbine blades with new leading edge repair and protection solution from Belzona In response to growing market demand, polymeric technology company Belzona now offers a complete leading edge repair and protection solution. Optimised to be easy-to-apply, fast-curing and hard-wearing, the combination of Belzona 5711 and Belzona 5721 is specially designed to fortify wind turbine blades with outstanding protection against leading edge erosion for the long term.

In doing so, polymeric systems support a circular economic strategy as this technology helps to extend the lifespan of wind turbine blades. In turn, this reduces the demand for blades to be manufactured and, eventually, disposed of.

Therefore, by giving the blades a new lease of life in this way, the combination of Belzona 5711 and Belzona 5721 will help towards mitigating the carbon footprint of the wind power industry.

From Norway to North Dakota, since its launch in October 2019, Belzona’s leading edge protection coating, Belzona 5721, has already been deployed at numerous wind farms worldwide to great success. Lauded as an ‘extremely fast and cost-effective solution for protecting leading edges’ by Jæren Vind Energi AS in Norway, the turbine blade coating provides a quick and straightforward means of protecting leading edges in-situ.

Now, building on this knowledge and experience in the field, the company has developed Belzona 5711 – a thixotropic paste specially designed to be applied in conjunction with the Belzona 5721 protective coating (among other product options). This solvent-free, two part repair paste is specially formulated for the in-situ repair and rebuilding of leading edge erosion and impact damage on wind turbine blades.

Fast, in-situ application of leading edge repair and protection solution, Belzona 5711

According to the European Wind Energy Association, the estimated lifespan of a wind turbine is typically 20-25 years. Environmental factors, such as weathering, lightning, icing, birds and insect collisions, can seriously limit this lifespan. In addition, there is evidence that damage to the leading edges of a turbine blade can lower the annual energy production, with energy losses that range between 4 to 20% when the damage is severe.

In addition, by bypassing the expensive process of both replacing and disposing of damaged blades, asset owners will be able to make significant financial savings as well.

By investing in a high-performance leading edge repair and protection system, asset-owners can protect wind turbine blades against the environmental damage outlined above.

www.belzona.co.uk

Belzona 5711 is available worldwide through the network of Belzona international distributors. In order to ensure that the product is applied correctly, contractors can be trained in the application of Belzona 5711 locally on site by one of the local distributors. For more information visit:

Get in touch Share your news and views...

Any EIC members who wish to be profiled in this section please contact Léliam de Castro...

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600 leliam.castro@the-eic.com

7

Spotlight on technology Neles UK Ltd

www.neles.com

NELES INTRODUCES THE RENEWED NELPROFTM SELECTION TOOL

The complete Nelprof™ valve sizing and selection software for all intelligent automated process valves by Neles is now available as a free web-based tool.

With its advanced control-valve selection features, the Nelprof™ tool allows fast and reliable selection of Neles™, Jamesbury™ and Easyflow by Neles™ branded intelligent automated process valves. First introduced in 1981, this latest version takes Nelprof™ to the next level with easy online access via your web browser.

Nelprof™ allows control valve sizing with extensive control performance analysis and enables easy and reliable on/off valve selection and optimisation of safetycritical system component selection. The performance analysis can be used to study valve controllability in a closed control loop.

The control valve sizing module includes liquid, gas and multi-phase flow sizing as well as noise and cavitation prediction analysis based on the latest international standards. Optimised actuator sizing and selection is also an integral part of control valve sizing in Nelprof™.

Neles is one of the leading providers of missioncritical flow control solutions and services for the process industries. With its global team of experts and innovative solutions, it helps customers to improve their process performance and ensure the safe flow of materials. Neles employs about 2,950 people in approximately 40 countries.

The renewed Nelprof™ tool and more information on its features are available at www.neles.com/nelprof Any EIC members who wish to be profiled in this section contact Léliam de Castro, Head of Marketing and Communications: leliam.castro@the-eic.com Get in touch To be profiled in this section please contact Email mark.risley@the-eic.com

8

New EIC members NEW GLOBAL MEMBER

NEW GLOBAL MEMBER

NEW PRIMARY MEMBER

Combi Lift

Fluorocarbon Limited

IDEAL Group

Hemann-Hollerith-Straße 10 28355 Bremen Germany

Caxton Hill Hertford Herts SG13 7NH

80 Bluff Drive East Rochester NY 14445 US

Contact Marc Höhne, Chief Information Officer

Contact Florina Dicu, Marketing Executive

Contact Jeremy Stowell, Business Manager

Telephone +49 (0)421 4760 0600

Telephone +44 (0)845 2505 100

Telephone +1 585 872 7190

Email marc.hoehne@sal-engineering.com

Email florina.dicu@fluorocarbon.co.uk

Email jeremy.stowell@idl-grp.com

Web www.combi-lift.net

Web www.fluorocarbon.co.uk

Web www.idl-grp.com

Combi Lift is one of the leading logistics providers in transporting heavy lift and project cargoes world wide as well as engineering services. It is a one stop shop for all kinds of project cargo solutions, particularly end-to-end and multimodal concepts, from the factory to the job site.

Founded in 1962, Fluorocarbon is a leading innovator in fluoropolymer products and specialises in the design and manufacture of complex machined components, high-performance sealing systems, slide bearings, skidway systems and highperformance coatings.

IDEAL Manufacturing Inc is a leading manufacturer of large capacity helical piles and its Stelcor drilled-in displacement micropile as well as anchors for new foundation support and existing foundation underpinning.

With its headquarters at the heart of Harren & Partner Group in Bremen, Combi Lift benefits from a wide scope of expertise. Expert teams work closely with clients, providing customised solutions that meet the toughest individual demands and expectations.

With customers who are worldwide leaders across many business areas, Fluorocarbon ensures its products and services are focused on meeting the increasing technical demands of extreme environments.

Fluorocarbon has provided a safe, proven, and cost-effective solution to moving heavy structures for up to 30 years.

Fluorocarbon’s PTFE skidway plates are manufactured to suit land and marine-based load-outs onto marine transportation barges.

Its designs are successfully being used to move structures weighing more than 30,000 tons.

Get in touch Share your news and views...

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600

The company has a wide range of products that have been used to support wind tower foundations, pipe racks, compressor stations, transmission towers, battery storage and storage tanks.

IDEAL has an in-house design team that provides value engineering options and a network of certified installers across North America. This has enabled the company to help reduce deep foundation costs and provide timely delivery on projects in the mining, oil and gas, transmission and distribution and renewable energy sectors.

IDEAL products are all US made and produced in its 60,000 sq ft ISO –9001 certified factory.

New EIC members

NEW PRIMARY MEMBER

NEW PRIMARY MEMBER

NEW PRIMARY MEMBER

Nobel Energy Management LLC

Norco Group Ltd

Probus Engineering and Construction

Baku Bay Tower 14th Floor, 8 Noyabr Avenue 113 Baku, Azerbaijan AZ1026 Contact Arzu Mustafayeva, Commercial Specialist Telephone +994 12 310 44 44 Email amustafayeva@nobelenergy.com Web www.nobelenergy.com Nobel Energy is a group of companies concentrated on the energy industry. The Group’s integrated services business model has allowed the company to optimise end-to-end service delivery and provide effective and efficient solutions to its customers for the past 16 years.

Nobel Energy’s comprehensive and growing portfolio includes but is not limited to project and construction management; fabrication and installation of structural steelwork, upgrades of offshore facilities; pipe work systems including high pressure flow lines, vessels, tanks and related packages; field operations and equipment maintenance; integrated drilling and well services; enhanced oil recovery services, and integrated supply chain management.

Norco House Pitmedden Road Dyce, Aberdeen Scotland AB21 0DT Contact Finbar Kelly, Commercial Manager

Contact Kinan Mawad, Director of Business Services

Telephone +44 (0)1224 729 221

Telephone +971 2677 3144

Email fkelly@norcoenergy.com

Email kmawad@probusec.com

Web www.norcoenergy.com

Web www.probusec.com

Norco Group Ltd is a specialist in stored energy systems in power protection, critical power infrastructure and uninterruptible power supplies to the energy industry globally from oil and gas to utilities, energy storage and renewables.

Probus Engineering and Construction provides an exhaustive range of tailored asset integrity services to the hydrocarbon and energy sectors across the Middle East. It provides turnkey solutions, maintenance services and shutdown/turnaround.

Norco ensures the uninterrupted access to electrical energy in high risk areas both on and offshore through the design and procurement of industrial electrical equipment through to the maintenance and repair of this equipment with a particular emphasis and expertise on extending the life of aged and obsolete UPS, chargers and battery systems.

The company delivers engineering, procurement, construction and commissioning solutions that include production optimisation/ enhancement, environmental compliance upgrades and modifications that satisfy evolving safety legislation.

Norco is headquartered in Aberdeen with an office in Abu Dhabi and multiple operations across EMEA.

Nobel Energy is now transforming its business to become an integrated energy production, development and services company. The objective is to be a catalyst for meeting the changing energy needs of the world, by increasing the company’s focus on people, technology and sustainability of resources.

Sign up for the EICOnline newsletter

Offices 2001/2 Addax Tower City of Lights, Reem Island Abu Dhabi

Visit www.the-eic.com/Forms/NewsletterSignup

It provides highly trained leadership, crews and equipment to monitor, inspect, service and repair all component parts of plant and associated upstream/ downstream infrastructure.

It engages its controls and planning teams early to meet the pressures of rapid and safe plant shutdown/turnaround, providing the full spectrum of resources and materials on time, on budget and to schedule.

The company is agile and flexible with a relentless focus on the safety of all, the quality of delivery, optimised cost and rigours of schedule.

@TheEICEnergy

EIC (Energy Industries Council)

9

10

New EIC members

NEW GLOBAL MEMBER

NEW PRIMARY MEMBER

NEW PRIMARY MEMBER

RSM UK

Seven Seas Services LLC (Modutec)

Sonepar (Singapore)

iRise Tower, Floor 31, Office C09 Al Barsha Street PO Box 48271 Dubai, UAE

101 Eunos Ave 3 #07-07 Singapore 409835

25 Farringdon Street London EC4A 4AB UK Contact Rosalind Pontifex, Marketing Manager Telephone +44 20 3201 8000 Email rosalind.pontifex@rsmuk.com Web www.rsmuk.com RSM is a leading provider of audit, tax and consulting services to middle market leaders, globally.

With over 3,650 partners and staff in the UK and access to 51,000 people in over 120 countries across the RSM network, RSM can meet its clients’ needs wherever in the world they operate.

RSM has specialist experience of working with clients in the energy and natural resources sector, including renewables and cleantech, oil and gas exploration and production, and mining and metals.

Get in touch Share your news and views...

Contact Craig Marjoribanks, Sales Manager

Contact Esther Huang, Marketing & Communications Manager, Singapore

Telephone +971 4251 7881

Telephone +65 513 800/977

Email craig.marjoribanks@ modutec.com

Email esther.huang@sonepar.com.sg

Web www.modutec.com

Web www.sonepar.com.sg

Modutec is recognised as one of the leading specialist providers of turnkey accommodation solutions to the international marine and offshore industries.

Sonepar in Singapore is a multispecialist, focused on four key market segments: engineering solutions, commercial electrical, project lighting and industrial automation. In January 2021, Cable Solutions and Oakwell Distribution rebranded as Sonepar to form the foundation of the new Sonepar in Singapore.

Working with major shipyards, drilling contractors, platform and vessel operators on both CAPEX and OPEX projects, Modutec provides comprehensive living quarter repair and refurbishment work along with the design and build of new accommodation modules and technical buildings.

With operations worldwide, the company has a network of multiskilled personnel to offer niche solutions to customers wherever they may be required. From the inception of a project to its completion, the company provides a suite of skilled trades personnel to ensure the complete delivery of project scopes, guaranteeing consistency of service, reduced risks and added value.

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600

Sonepar is an independent family-owned company with global market leadership in B-to-B distribution of electrical products, solutions and related services.

Through a network of 100 brands spanning 40 countries, the Group has an ambitious transformation agenda to become the first global B-to-B electrical distributor to provide a fully digitalised and synchronised omnichannel experience to all customers.

Drawing on the skill and passion of its 45,000 associates, Sonepar had sales of €26.4bn in 2021.

Sonepar makes its customers’ lives easier, over the counter, visiting customers, by phone or online – however it is needed.

BOOK YOUR 11 PLACE NOW New EIC members

ENERGY EXPORTS CONFERENCE

Energy Exports Conference 2022 I

P&J Live Aberdeen

14 – 15 June 2022

www.the-eic.com/EEC STRATEGIC PARTNERS

PRINCIPAL MEDIA PARTNER

#1 event to identify global energy opportunities and meet decision makers

Whether you’re an experienced exporter or are yet to begin your exporting journey, EEC will: Identify key global energy project opportunities and provide advice on how to succeed in new markets Renewables Onshore, offshore and floating offshore wind, solar, energy storage, geothermal, hydroelectric, biofuels, energy from waste

Hydrogen and Carbon Capture Blue hydrogen, green hydrogen, CCUS and direct air capture

ATTEND Identify new project opportunities. Engage and connect with international operators, developers, contractors, government, and export advisors 2021 stats

6198

Attendees across all sessions

1681

Attendees visited the 24 exhibiting companies in the virtual exhibition hall Sign up for the EICOnline newsletter

Discuss the industry’s energy transition requirements and opportunities evolving from net zero targets

Give you access to contacts with exciting energy project opportunities from around the globe Nuclear New build, SMR, AMR, O&M, waste management and decommissioning

Energy Opportunities Electrification, oil and gas, advanced fuels, upstream decommissioning, emission reduction

EXHIBIT Dust off those demo products…

The exhibition is the ideal platform for companies to showcase their products and services to the global audience

SPONSOR Enhance your profile and align your brand with the key themes. Access an unparalleled level of exposure to key decision makers within the global energy industry

Individual registrations from 1,871 registered companies

2961

Speakers from 43 companies

Networking and one-to-one meetings

519

Virtual meeting hub connections

Visit www.the-eic.com/Forms/NewsletterSignup

159

283

ORGANISING PARTNERS

@TheEICEnergy

EIC (Energy Industries Council)

12

Member news ABB technology ensures grid stability in the Faroe Islands

ABB is working with SEV, the main electrical power producer and distributor for the Faroe Islands, to deliver innovative synchronous condenser (SC) technology that will stabilise its power grid as renewable generation replaces fossil-fuel.

The first SC unit is currently being commissioned on the island of Suðuroy. SEV has now placed an order for a similar unit to be located at Sund on Streymoy, the Faroes’ largest and most populous island.

SEV has an ambitious goal for the isolated Faroe Islands in the North Atlantic to become the world’s greenest group of islands. By 2030, it will be generating 100% green electricity from hydropower, solar and wind and potentially tidal streams. As well as being an important climate change initiative, this will bring economic benefits as the Faroes will no longer rely on expensive fossil-fuel imports.

Switching off the existing dieselfueled generating plant could impact the stability of SEV’s grid. This is because the rotating equipment provides vital ‘spinning inertia’ that keeps the system in balance.

There is a growing need for networks to be supported by decentralised solutions that ensure grid stability.

Synchronous condensers can play a vital role in strengthening weak networks, especially in remote areas. We expect that network operators worldwide will adopt SCs as the urgency to decarbonise electricity production gathers momentum.

Heikki Vepsäläinen, President of ABB’s Large Motors and Generators Division

A particular challenge is that there are no power cables connecting the Faroe Islands to neighbouring countries so its grid is unable to use external support.

ABB is working with SEV to deliver innovative technology in the form of synchronous condensers. An SC is a rotating electrical machine that provides vital services to strengthen a power system and keep it stable as both loads and renewable energy production change. These services include inertia, fault level and reactive power for voltage regulation.

The first SC installation is at the 8 megavolt-ampere (MVA) Porkeri wind farm on Suðuroy, an electrically isolated island in the south of the archipelago.

This unit, manufactured by ABB in Sweden, is currently in trial operation and will be fully up and running in the first half of 2022. Together with battery energy storage, the SC could enable 100% of the island’s demand to be met with wind energy at times with good wind conditions.

The second SC will be installed at Sund, close to Tórshavn, the Faroese capital on the island of Streymoy. It is scheduled to be online in 2023.

i

For more information: www.abb.com © 1995-2022 ABB

Get in touch Share your news and views...

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600

© 2022 Add Energy

Member news

Add Energy’s Canadian team, from left: Andy Bell, Senior Technical Consultant; Graham Stewart, Senior Engineer; Afia McClenaghan, Country Manager/BD Manager, North America and Matthew Stroud, Materials Specialist

Add Energy propels growth in Canada with contract win

Leading international asset and integrity management consultancy and software firm, Add Energy has secured upwards of US$6m of new work in Canada, marking a successful start to 2022 in line with the company’s ambitious growth plans in the region.

Add Energy’s Canadian office, based in Calgary, has been appointed by several oil and gas operators and distribution companies to support the transition to new computerised maintenance management systems (CMMS), conduct big data structuring and enhancement, develop maintenance strategies, and provide specialist planning and scheduling across Canada and the US. The team will also deliver competency, training and development as part of these contracts, which range in duration from five months to up to two years.

These contract wins have enabled the Canada team to grow, and are expected to further bolster Add Energy’s plans to expand into British Columbia, Ontario and Nova Scotia where it hopes an enhanced east coast footprint will increase its presence in key markets such as mining, power generation, renewables and manufacturing.

Sign up for the EICOnline newsletter

Add Energy established a permanent presence in Canada in April 2020 and currently employs five people in the country, supported by a 20-strong team in the US. It is hoped that the in-country team will grow throughout 2022 as the company seeks to further consolidate its position within the Canadian market.

To achieve new scopes of work from existing clients is testament to the relationships we have nurtured and that, in turn, speaks volumes about the value and performance gains our technology and people can deliver.

Amarinth delivers bespoke vertical in-line pumps to Saudi Arabia

Amarinth has delivered an order through Gas Arabian Services for bespoke compact API 610 vertical in-line pumps to be used in the Saudi Basic Industries Corporation (SABIC) petrochemical refinery, Yanbu.

Afia McClenaghan, Country Manager for North America, Add Energy

The Yanbu petrochemical refinery in the Al Madinah province of Saudi Arabia processes 400,000 bpd of crude oil from the Manifa offshore field producing high-quality, ultralow sulphur-refined products. Two horizontal pumps were originally specified for the hazardous area, but these would not fit within the heavily restricted space. Amarinth therefore proposed using API 610 vertical in-line pumps.

Add Energy is an international consultancy, service and software provider to the energy industry.

The company is focused on delivering solutions that have a direct impact on safety, cost reduction and operational efficiencies to its clients. Headquartered in Stavanger, it operates in Europe, Asia, North America and Australia.

The pumps were required on a tight 30-week delivery schedule and so Amarinth used its renown know-how and agility to leverage its existing range of API 610 vertical in-line pumps and create a bespoke design with a footprint of just 420mm x 420mm.

The company used FEA analysis and a suite of design tools to ensure the pumps would operate reliably within the tight design envelope.

i

For more information: www.addenergy.no

Visit www.the-eic.com/Forms/NewsletterSignup

i

For more information: www.amarinth.com

@TheEICEnergy

EIC (Energy Industries Council)

13

14

Member news

Ashtead Technology strengthens its rental fleet with investment in iXblue International subsea equipment rental and solutions specialist Ashtead Technology has further strengthened its rental fleet with a significant investment in iXblue subsea positioning systems.

The investment includes the addition of iXblue’s Gaps M5 USBL acoustic positioning systems which are now available to rent throughout the company’s nine international technology and service hubs.

Gaps M5, the latest addition to iXblue’s USBL product range, is a medium frequency ultra-short baseline (USBL) system for the accurate positioning and tracking of subsea assets. Free of export restrictions, Gaps M5 is a more compact version of Gaps, the lightest high-performance USBL system on the market. It offers extreme accuracy in shallow waters and horizontal tracking conditions, making it especially suited for challenging subsea positioning environments such as marine renewable energy.

Ashtead Technology has also recently invested in several iXblue attitude and heading reference systems and inertial navigation systems, including the iXblue Rovins, Rovins Nano, Octans and Phins Surface.

Balmoral brings jobs boost to Montrose

Brett Lestrange, Ashtead Technology’s Regional Director for Europe, said: “With over 17,000 assets in our subsea equipment rental fleet we offer one of the largest pools of subsea navigation and positioning systems for rent worldwide. This latest investment of iXblue equipment is a direct result of listening to our customers’ requirements and ensuring we have the broadest and most technologically advanced subsea equipment from leading manufacturers to support our customers’ projects worldwide.”

Aberdeen-based Balmoral Comtec has agreed to invest a sevenfigure sum to create an advanced composites manufacturing facility on the quayside at Montrose Port where large scale components for the offshore energy sector will be built.

To house the new facility, Balmoral has leased almost 1,700 sq m of warehouse space from Montrose Port Authority and will install machinery and equipment required to build and manoeuvre the massive parts destined for the North Sea and other energy markets.

So far this year, Ashtead Technology has invested £7m in new subsea equipment and technology to expand its extensive equipment rental fleet, further strengthening its position in the offshore energy subsea equipment rental sector.

Tom Hutchison, CEO and Harbourmaster at Montrose Port Authority, said: “Balmoral joining the port community is a fantastic thing, not just for us as an organisation, but for the whole of Montrose and the wider region. Not only will they bring new jobs to the town, but their services will also be used by other local businesses giving a further boost to the regional economy.

Ashtead Technology is a leading provider of equipment rental solutions, advanced underwater technologies and support services to the global offshore energy sector.

Through three service lines – survey and robotics, mechanical solutions and asset integrity – Ashtead Technology supports the installation, IMR (inspection, maintenance and repair), and decommissioning of offshore energy infrastructure from its service centres located in key offshore energy hubs throughout the world.

“Just after six months, 2022 is shaping up to be an exciting and important year for Montrose Port and we are all excited to continue playing our part in the country’s energy transition.”

i

For more information: www.ashtead-technology.com © 2022 Ashtead Technology

Left to right: Maverick Piccininni, Regional Sales Manager, iXblue, and Brett Lestrange, Regional Director (Europe) for Ashtead Technology

Get in touch Share your news and views...

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600

Balmoral, founded in 1980 by Chairman and Managing Director Jim Milne, confirmed an initial 30-40 new skilled and semi-skilled jobs will be created in the town with more anticipated as the arm of the business grows.

Bill Main, Managing Director of Balmoral Comtec, said: “We already provide cable protection and buoyancy solutions to the offshore wind sector and this investment will allow us to deliver very large advanced composite structures direct from shore to ship.

“Exciting times lie ahead for this global market and our composite structures are of such a scale that it is essential that we have a quayside facility.”

The announcement has been hailed as ‘outstanding’ by local politicians with Montrose proving to be as able and capable as any other North Sea port.

© EnerMech 2022

Member news

This most recent announcement comes on the heels of a string of recent new business wins for Montrose Port Authority, including being selected as home to the Operations and Maintenance (O&M) base for the planned Inch Cape offshore wind farm.

Balmoral Comtec will be an outstanding addition to Montrose Port’s industrial capacity. This investment heralds extremely valuable new employment and training opportunities.

The confidence that Balmoral Comtec has shown in selecting Montrose further advances its status as a key renewables hub in Scotland.

Dave Doogan, MP for Angus

Balmoral Comtec, a division of Balmoral Group, has built an enviable reputation in the design, development and delivery of buoyancy, protection and insulation products for the global offshore energy sector.

An unrivalled production capacity within its 250,000 sq ft custom-built facility enables the company to provide multi-product, agile and flexible manufacturing, with aftersales support delivered by the Balmoral technical helpdesk.

As an independent company, headquartered in Aberdeen, Balmoral has over 500 people at its city facility and a global presence spanning Europe, North America, South America and Asia Pacific.

Group-wide, the company employs 750+ people.

i

For more information: www.balmoraloffshore.com

Sign up for the EICOnline newsletter

EnerMech’s new Azerbaijan partnership with Oil & Gas Proserv secures contracts

A new joint venture (JV) between EnerMech and Oil & Gas Proserv (OGP), an affiliated company of Nobel Energy Group in Azerbaijan, has secured its first two contracts in the region totalling US$3m.

It is also expected to result in a recruitment drive later this year in line with the organisation’s ongoing commitment to local workforce employment and development to help actuate further business growth.

EnerMech is a global integrated mechanical, electrical, instrumentation and integrity services specialist, which also has facilities in the Caspian regions of Georgia and Kazakhstan. It has been operating in Azerbaijan for 12 years, steadily building up its presence and investment in employing and developing Azerbaijani nationals.

The new EnerMech OGP partnership will leverage EnerMech’s integrated supply, operations, maintenance and engineering solutions and specialisms alongside OGP’s local expertise, technologies and effective management for delivering enhanced oil recovery.

Visit www.the-eic.com/Forms/NewsletterSignup

The first award is a US$2m contract to deliver engineering, lube oil flushing, accumulator charging and N2 He leak testing, to support a significant development which includes a new offshore platform and facilities designed to process up to 100,000 barrels of oil per day when it comes onstream next year.

Our foothold in the region for delivering our core services has continued to expand as has our commitment to sharing knowledge, best practise, and safety competencies to upskill the local workforce.

Paul Cockerill, Regional Director for Africa, Middle East & Caspian, EnerMech

The second is a US$1m campaign to support the development of the Absheron gas condensate field.

Located offshore 100km south of Baku, it is estimated to contain 350bn cubic metres of gas and more than 45m tonnes of condensate. The work scope for the partnership includes engineering, flange management, N2 He leak testing, drying and inerting of all topsides piping and vessels.

i

For more information: www.enermech.com

@TheEICEnergy

EIC (Energy Industries Council)

15

16

Member news

ERM to develop Celtic Sea floating wind sites to produce green hydrogen Source Energie has been working for some time to identify both medium and long-term sites for development of floating offshore wind, and has now come together with ERM Dolphyn, a leading innovator in green hydrogen production. The joint ambition is to seize the opportunity provided by the Celtic Sea, and to develop floating wind sites that produce green hydrogen rather than electricity. Green hydrogen is an ultra-low carbon fuel and forms an essential part of our low carbon future, reducing our reliance on fossil fuels.

The first site under development is called Dylan. It has a target deployment date of 2027/2028 and is located approximately 60km off the Pembrokeshire coast, west of Milford Haven. This site has been identified on the basis of a phased site selection process, which has included regional resource and constraints analysis, and a high-level shipping and navigation review.

Forsyth Group increases headcount

The support for hydrogen production at scale, which ERM Dolphyn could deliver, is embedded firmly within the policy framework of Net Zero Wales and the Welsh government’s second carbon budget (20212025). More detailed policy work is also in development, focussing on support for significant deployment projects and a skills and qualification framework in the mid to long-term to ensure Wales is well-positioned with respect to hydrogen production and fuel cell technologies.

Neil Grant, Operations Director, said: “Order intake and enquiries volumes have grown across chosen market sectors and reflect increased efforts in marketing activities. 17 apprentices, a business analyst and an estimator have joined the staff compliment in Rothes and Aberdeen respectively.

As part of its commitment to net zero and the Wales Hydrogen Pathway, the Welsh government has funded phase 1 and phase 2 studies to explore the suitability of the Celtic Sea to combine offshore floating wind and hydrogen production. The final report on phase 2 of the study will be published shortly.

i

For more information: www.erm.com

Future expansion could provide more than 2GW of energy, which would provide enough hydrogen to make a material impact on local and national decarbonisation targets, sufficient to heat around one million homes with no carbon emissions at the point of use. The full-scale development would also bring several thousand much needed jobs and training opportunities to the region, through assembly, construction and operation.

Get in touch Share your news and views...

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600

Forsyth Group, the north east Scotland based fabricator, has increased its staffing levels to reflect a significant increase in trading.

“We are committed to investing in our people and ensuring the Forsyth Group matches resources to client demand while retaining and enhancing our enviable reputation for quality and service.

Our growth strategies encompass entry into new markets and early evidence underlines that our bundles services, from subsidiary companies, will generate new opportunities internationally in renewables, utilities and infrastructure projects.”

i

For more information: www.forsyths.com Copyright © 2000 - 2022 The ERM International Group

Both parties agree that the location is ideal, as it offers good energy generating conditions (>10m/s average wind speeds), strong expansion potential, and has a number of viable low impact pipeline routes to areas of existing and growing hydrogen demand.

The ERM Dolphyn opportunity in the Celtic Sea (Project Dylan) is supported by the Welsh government Smart Living Initiative, as part of its commitment to developing the national hydrogen economy, as well as objectives from Wales’ Hydrogen Pathway for driving demand, green hydrogen production and intersectoral synergies.

Photo © 2003-2022 Shutterstock, Inc

Member news

Key appointment reflects Fulkrum’s expansion strategy in the US

Fulkrum, a leading provider of inspection, expediting, auditing and technical staffing to the energy industry, has appointed Julie Garner as the new Co-ordination Manager of the Houston branch to lead regional projects and support clients in the US. Working in the oil and gas industry for over 15 years, Julie has a wealth of experience in managing and coordinating projects for key leaders in the inspection industry including taking a lead role in the Chevron Wheatstone project, co-ordinating the majority of the testing, inspection and certification activities.

Julie’s experience in third party, source inspection and project coordination reinforces the existing US team and the track-record that has been built over the last eight years. Her responsibilities will include managing the operations of all ongoing onshore, downstream and midstream projects while developing new client relationships in the region and industry sector.

She will also co-ordinate key onshore projects and accounts to support local clients.

As a key leader for the oil and energy industry, Fulkrum has an untethered commitment to its team, clients and partners, providing world-class people-first services.

Sign up for the EICOnline newsletter

My plans for the region involve expanding our offering for the onshore client base and I hope to attract new clients to the region.

The renewables market is vastly up and coming and offers new opportunities, so this is also something I’ll look to explore in the future.

Julie Garner, Co-ordination Manager of the Houston branch, Fulkrum

With plans to continue expanding globally, Julie’s appointment is a testament to Fulkrum’s plans to grow the region as it enhances local capabilities and strengthens client relationships across North America.

i

For more information: https://fulkrum.com/

MacLean International Fit 4 Offshore Renewables

A year-long intensive programme has reaped dividends for MacLean International Group Ltd as it joins a select group of companies reaching ‘Granted’ status on the Ore Catapult Fit 4 Offshore Renewables (F40R) programme.

Visit www.the-eic.com/Forms/NewsletterSignup

The industry led, fully funded unique service, supported by One North East (ONE) and Offshore Wind Growth Partnership (OWGP), was set up to assist UK companies prepare to bid for work in the offshore renewable energy sector.

With an impressive track record in oil and gas over the last 45 years, supporting clients globally with hazardous area electrical, MRO, tooling, valve, PPE and safety solutions, MacLean International, part of the DNOW Group, operating in 180+ locations, was shortlisted from over 80 applications, based on its robust systems and the drive and commitment from senior management.

MacLean International fully immersed itself in the two parts to the dynamic initiative: a business excellence programme and detailed sector awareness training, implementing an array of business enhancements.

‘Granted’ status now confirms that Ore Catapult is fully satisfied that MacLean International Group possesses the knowledge, capability and competence to meet the required standard to do business in the sector and has the systems, processes and knowledge deeply embedded within the organisation to succeed well into the future.

i

For more information: www.maclean-electrical.com

@TheEICEnergy

EIC (Energy Industries Council)

17

Member news

MTE’s new quayside facility officially opened

STATS Group to support industry’s net zero goals

MTE’s new quayside facility, based at Haverton Hill, Teesside has officially been opened by the Tees Valley Mayor, Ben Houchen. MTE welcomed key clients and partners to help celebrate and showcase MTE’s expanded capabilities and increased facility capacity.

Pipeline technology specialist, STATS Group, is in a strong position to capitalise on new opportunities arising in the transition to more sustainable energy supplies and a carbon net zero future.

With decades of experience working on oil and gas pipeline projects, the Aberdeenshire-headquartered company has at its disposal the skills and proven technologies to deploy in carbon capture and storage (CCS), related CO2 pipelines, and natural gas pipelines blended with hydrogen.

The new eight acre office and fabrication facility supports MTE’s ambitious growth plans, providing capacity to deliver large complex modules and fabrications to the growing offshore wind and other green energy industries.

Since 1969, MTE has built a reputation for being the leading global supplier of solutions protecting people and equipment from fire, blast and radiant heat hazards. The company delivers modular buildings, fire and blast rated structures, general fabrications and thermal defence products.

With investment in both CCS and hydrogen projects accelerating, there is a growing focus on how existing pipeline infrastructure can be repurposed for both CO2 and blended or pure hydrogen transportation.

Over the past two decades, STATS Group has played a central role in numerous pipeline interventions, repairs and maintenance projects, giving the company a deep knowledge base of the very infrastructure that, in the future, may be repurposed.

The new facility is a substantial expansion to MTE’s existing facilities in Darlington and Busan, South Korea.

Located adjacent to the River Tees, the site allows direct access to worldwide offshore projects and consists of 4,500 sq m of indoor fabrication space and seven acres of external assembly, laydown and riverside frontage.

MTE’s onsite modern office space accommodates the delivery teams, allowing the company to successfully deliver projects within a single site, improving project controls, cost and schedule certainty. Boosting capabilities further, the facility has access to both a deep water load out quay, and internal site access to supporting supply chain partners.

Copyright © 2022 STATS

18

This exciting acquisition will create over 60 jobs for the Teesside area and contribute to the growing demand of renewable energy.

i

For more information: www.mechtool.co.uk

STATS Group’s 30in BISEP isolation CO2 pipeline

Get in touch Share your news and views...

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600

In that same period, and directly relevant to CCS, STATS has established itself as the go-to provider of intervention and isolation services on high-pressure liquid CO2 pipelines.

Notwithstanding the opportunities in relation to CCS and hydrogen, STATS continues to support its customers to reduce emissions, recognising the pivotal role that natural gas is playing as the world seeks to first reduce carbon emissions ahead of a longer term transition to more sustainable sources of energy.

Using the company’s proprietary double-block-and-bleed pipeline isolation technologies, localised repair and maintenance worksites can be safely isolated without the need to depressurise large sections of the pipeline, thereby avoiding the need to discharge significant quantities of emissions into the atmosphere.

STATS Group is a market leader in the supply of pressurised pipeline isolation, hot tapping and plugging services to the global oil, gas and petrochemical industries.

i

For more information: www.statsgroup.com

New EIC members Social media Member round news up

Vysus Group’s integrated approach Aberdeen-headquartered Vysus Group has expanded its capabilities as an AA1000AS licensed provider.

Granted by global consulting and standards firm AccountAbility, the AA1000 Assurance Standard (AA1000AS v3) is the leading methodology used by sustainability professionals worldwide for sustainability-related assurance engagements. While its scope is broad, AA1000AS is primarily used to verify sustainability claims.

Companies are able to gain an independent appraisal, which can be made public if desired.

Vysus Group has a unique opportunity to encompass multiple areas in our service offering, resulting in a more streamlined approach that allows our clients to be confident when reporting to individual stakeholder groups.

Ian Thomas, principal consultant, Vysus Group

The standard is also recognised by HM Government as one of only two internationally-recognised standards for the verification of sustainability reports and other documentation, such as annual reports, disclosures and corporate literature. It is also cited by DEFRA, BEIS and SECR as a recognised standard for the verification of sustainability reports such as the UK’s streamlined energy and carbon reporting requirements.

Social media round up We want to use every opportunity to connect with our members, so please follow us on Twitter (@TheEICEnergy) and connect with us on LinkedIn – EIC (Energy Industries Council) Below you’ll find a selection of some of the exciting EIC activities and useful industry information we’ve shared through our social media channels.

The EIC @TheEICEnergy

The EIC has launched its latest service for members, EICTV. Log on to our website and gain unlimited access to our past content and so much more! www.the-eic.com/EICTV

The EIC @TheEICEnergy

EIC’s North Sea Decarbonisation Conference, #NSDC2022, opening session featured presentations about projects helping with reducing the North Sea’s carbon footprint.

THE NORTH SEA DECARBONISATION CONFERENCE 2022

PRINCIPAL PARTNER

SUPPORTING PARTNER

ORGANISING PARTNERS

EIC (Energy Industries Council) That’s a wrap on OTC for 2022!

The EIC team and UK exhibitors had a successful week making new connections and catching up with contacts. Great to be back.

This enhances corporate reputation and builds credibility in the eyes of board directors or investors at major projects, such as wind farms or decommissioning oil rigs. It also facilitates financial assurance of worstcase scenarios including oil spills.

i

For more information: www.vysusgroup.com

Sign up for the EICOnline newsletter

Visit www.the-eic.com/Forms/NewsletterSignup

@TheEICEnergy

EIC (Energy Industries Council)

19

20

June 2022

LIVE events

1 June Management Course

EICDataStream/AssetMap training Online

2 June Business Presentation

Events calendar 16 June Business Presentation

North America EICDataStream Online

23 June Business Presentation

North America EICDataStream

South America EICDataStream

6-8 June Overseas Delegation

23 June Corporate Entertainment

Online

Trade Mission to Brazil Rio de Janeiro

7 June LIVE e-vents

GCC Energy Market and Project Update Webinar

9 June Overseas Exhibition

9th Sabah Oil & Gas Conference

Sabah International Convention Centre, Malaysia

9 June Business Presentation

South America EICDataStream Online

10 June LIVE e-vents

EIC Members – Speedy Networking Webinar

14-15 June Export Showcase

Energy Exports Conference 2022 P&J Live, Aberdeen

Online

EIC Energy Luncheon with LRQA Vista Restaurant, The Club, Abu Dhabi

23 June Corporate Entertainment

Meet the Energy Players in Sarawak Old Court House, Kuching

27 June Sector Showcase

ETZ CCUS & Hydrogen Masterclass Marcliffe Hotel and Spa, Aberdeen

29 June Regional Showcase

Humber Zero Engagement Day DoubleTree by Hilton Forest Pines

29 June Industry Overview

Fundamentals of FPSOs EIC Rio de Janeiro

29 June Management Course

EICDataStream/AssetMap training Online

14 June Overseas Exhibition

30 June Business Presentation

Hydrogen Technology Expo

Breakfast in Rio with Equinor

15 June Management Course

30 June Business Presentation

George R Brown Convention Center, Houston

EICDataStream/AssetMap training Online

Get in touch Share your news and views...

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600

Rio de Janeiro

North America EICDataStream Online

For more information and to book visit www.the-eic.com

Forthcoming events

TUESDAY 14 JUNE WEDNESDAY 15 JUNE

July – September 2022

P&J LIVE ABERDEEN 1 July LIVE e-vents

10 August Management Course

EIC Members – Speedy Networking Webinar

13 July Management Course Online

27 July Management Course

Online

ETZ Green Hydrogen & End Use Marcliffe Hotel and Spa, Aberdeen

24 August Management Course

EICDataStream/AssetMap training Online

4 August LIVE e-vents

EICDataStream/AssetMap training Online

29 August Overseas Exhibition

Strategically using EICDataStream Webinar

5 August LIVE e-vents

Offshore Northern Seas (ONS) Stavanger Forum, Norway

2 September LIVE e-vents

EIC Members – Speedy Networking Webinar

EIC

EIC Members – Speedy Networking Webinar

RECOGNISING C A PA B I L I T I E S S T R AT E G I E S AND RESILIENCE ACROSS THE ENERGY SECTOR

NATIONAL

2022

EICDataStream/AssetMap training 17 August Sector Showcase

EICDataStream/AssetMap training

DINNER

2022

ENERGY EXPORTS CONFERENCE

TH SA E VE D AT E

T H U R S D AY 6 O C T O B E R 2 0 2 2 DE VERE GRAND CONNAUGHT ROOMS LONDON

Sign up for the EICOnline newsletter

Visit www.the-eic.com/Forms/NewsletterSignup

@TheEICEnergy

EIC (Energy Industries Council)

21

22

BOOK YOUR PLACE NOW

ENERGY EXPORTS CONFERENCE

International trade

Energy Exports Its all about hydrogen Conference 2022 2021 saw a rise in announcements of hydrogen production projects, meaning the next few years are vital for pushing these developments off the ground ready for commercial, largescale production.

On the other side of the globe, North America is making headway Camilla in developing its Tew hydrogen economy.

The US Hydrogen Roadmap predicts Europe is taking the lead as one of the top that the hydrogen market could generate hydrogen markets with over 150 projects in US$140bn per year in revenue by 2030, and the pipeline, most of which are currently at US$750bn per year in revenue by 2050.

Policies STRATEGIC PARTNERS PRINCIPAL MEDIA PARTNER the feasibility stage and have start-up dates and funding are being put in place to aid the for the mid-2020s. This is in line with the EU’s market, most prominently US$64m in funding Hydrogen Act which plans for a ramp-up of for 18 projects that will support the H2@Scale hydrogen projects between 2025 and 2035, vision for affordable hydrogen production, for huge market growth from 2035 to #1 eventready to identify global energy opportunities and decision makers storage, distribution andmeet use.

2050 onwards. Germany is at the forefront of Whether you’re an experienced exporter or are The yetEIC torecognises begin your exporting EEC will: the European hydrogen revolution with a goal this importance and journey, is of 5GW by 2030 and the Renewable Energies committed to getting the hydrogen supply chain Act, which contains provisions to ahead of the immense market growth IdentifySources key global energy Give you accessone to step contacts Discuss the industry’s energy support the production and industrial usage that will occur over the coming years. This is why project opportunities and with exciting energy project transition requirements and green hydrogen. Germany has 62 largewe are now taking steps to support our members provideofadvice on how to opportunities from around opportunities evolving from scale hydrogen projects to be state funded and the wider supply chain at various exhibitions net zero targets succeed in new markets the globe as part of a joint European hydrogen project during the year. See below for our brand new (IPCEI), which has €8bn earmarked for exhibitions, and join us in the UK pavilions.

RenewablesGerman IPCEI projects Hydrogen Nuclear Energy alone. and Contact one of the team to find out more. Opportunities

P&J Live Aberdeen

I

14 – 15 June 2022

www.the-eic.com/EEC

Onshore, offshore Carbon Capture New build, SMR, and floating9-11 offshore Blue hydrogen, green AMR, O&M, waste May 2022 wind, solar, energy hydrogen, CCUS and management and World Hydrogen Summit and Exhibition storage, geothermal, direct air capture decommissioning Rotterdam, Netherlands hydroelectric, biofuels, N ILIO Exhibition PAV UK energy from waste 14-15 June 2022

UK Pavilion

2021 stats

6198 Gastech

2961

5-8 September 2022

Attendees across Zone, all sessions Hydrogen Milan, Italy UK Pavilion

1681

Individual registrations from 1,871 ION N AVIL registered companies U&KHPYDRONEGE

19-20 October 2022

519

Hydrogen Technology Expo Europe

Attendees visited 24 exhibiting Bremen,the Germany companies in the virtual UK Pavilion exhibition hall

N ILIO PAV UK

ZO

Networking and one-to-one N ILIO PAV meetings UK

Get in touch For more information contact...

ORGANISING PARTNERS

Email internationaltrade@the-eic.com • Phone +44 (0)20 7091 8600

ENERGY EXPORTS

CONFERENCE SPONSOR TUESDAY 14 JUNE – Enhance your15 JUNE profile and WEDNESDAY ABERDEEN + ONLINE align your brand with the key themes. Access an unparalleled level of exposure to key decision makers within the global energy industry

2022

EXHIBIT ATTEND Energy Exports Conference Dust off those demo products… EN Aberdeen, Identify new projectUK OG The exhibition is the ideal HYTDHREAOTRNEE Conference and Exhibition opportunities.

Engage and &Z platform for companies to connect with international June 2022 showcase their products operators,14-15 developers, Hydrogen Technology Expo North and services to theAmerica global contractors, government, and Houston, US audience export advisors

Electrification, oil and gas, advanced fuels, upstream decommissioning, emission reduction

159

Speakers from 43 companies

283

Virtual meeting hub connections

PRINCIPLE SUPPORTER

SUPPORTING PARTNERS

23 23

UK and Europe news UK events update #NSDC2022 that’s a wrap!

Last month saw the second sold out annual North Sea Decarbonisation Conference at the Grand Connaught Rooms in London take place. The UK and Europe team was delighted to have a sellout attendance join this two day event which saw over 50 speakers discuss the huge opportunities and technological challenges in the North Sea. Through our 11 sessions we discussed how the North Sea Basin is in pole position to play a leading role in the transition to a low carbon energy future and presents an opportunity to further connect the UK and neighbouring European markets.

Stuart Broadley, EIC CEO, said: “Keeping the economy running Jo Cam and businesses pbell thriving while also meeting carbon emissions targets and contributing to environmental and social goals is not an easy task for both businesses and governments. NSDC2022 helps focus collective thinking about ways of decarbonising a key energy hub like the North Sea through major renewables and clean energy projects. It also showcases how major oil and gas companies can positively contribute to the energy transition.”

If you are interested in sponsorship opportunities for next year contact eventsuk@the-eic.com

Thank you to all our partners throughout the two days: PRINCIPAL PARTNER Mott MacDonald SUPPORTING PARTNER Wood SESSION CO-HOSTS Bureau Veritas Marine & Offshore, DNV, Endress+Hauser Group, KBR, Kent, UK Export Finance, Vysus Group, Wood, Worley EXHIBITORS ABB, Apollo, Bureau Veritas Marine & Offshore, Dräger, Endress+Hauser Group, Gastech 2022, Honeywell, Mocean Energy, SICK Sensor Intelligence, Wolf Safety Lamp Company GLOBAL DIGITAL SUPPORTERS ASCO Group, Doqaru Ltd, FutureOn, Nucore Group REFRESHMENT SPONSORS Honeywell, Mocean Energy, Gastech

Get inup touch ForEICOnline more information contact...

Sign for the newsletter

Emailwww.the-eic.com/Forms/NewsletterSignup eventsuk@the-eic.com • Phone +44 (0)20 7091 8600 Visit

The UK and Europe team is expanding We are delighted to introduce Arthur Bates as our new Business Lead and Events Manager for Southern England on the UK Events team. Arthur moved to the UK from Toronto around 20 years ago along with his British wife. Before joining EIC Arthur organised global events for a variety of sectors.

Most recently Arthur was in the position of events and hospitality manager at the McLaren Technology Centre in Woking. Arthur now looks forward to working for an organisation that plays such an important role connecting intelligence, companies and people in this key energy industry, at such a crucial time and is very excited to be joining the EIC and contributing to this endeavour.

Jo Campbell Regional Director, UK & Europe jo.campbell@the-eic.com

Forthcoming events 14-15 June 2022 Energy Exports Conference 2022 Monday 27 June 2022 ETZ CCUS & Hydrogen Masterclass Wednesday 29 June 2022 Humber Zero Engagement Day

@TheEICEnergy

EIC (Energy Industries Council)

24

Middle East news Regional update

We were delighted to see so many of you join us for last months EIC Re-Connect UAE which was a resounding success, offering a wide range of presentations and Ryan M cPhers on networking opportunities.

It was great to hear from Khaleefa Al Mheiri, Acting CEO of Ta’ziz in his new role of Co-Chair for the UAE UK Business Council on Energy and Sustainability Working Group, alongside our own CEO Stuart Broadley. We wish them both well and look forward to supporting the group in the years ahead.

Not ones for sitting idle, the Energy Exports Conference is our next big event focused on a wide array of export opportunities on offer. We expect to see over 1,000 people in attendance in Aberdeen on 14-15 June 2022.

I always love travelling back to my home town so if you are around over the week and have time to catch up please drop me a note. For more information, please visit: www.the-eic.com/Events/EEC2022 With summer fast approaching we continue with a range of business and networking events, our EIC Roundtables go from strength to strength where our recent discussions around ‘is the energy sector about to experience a supply crunch?’, generated a great deal of discussion which largely resulted in a consensus with the jury still out as to whether this is an opportunity or a challenge. Please keep an eye out for this monthly occurrence where I am keen to hear from members who would like to participate.

In keeping with this theme, we are pleased to introduce the EIC Energy Luncheon series, the first of which is kindly supported by LRQA and will take place in Abu Dhabi on 23 June. We plan to make this a monthly event and look forward to welcoming as many of you as possible to network and catch up on the latest news of the day.

From a market intelligence perspective our quarterly GCC Energy Market and Project Update also returns on 7 June, providing an opportunity to hear about the latest project developments and ensure that you are positioning your business accordingly.

Interestingly I have had the opportunity to sit in on several Survive & Thrive interviews that are carried out as part of our annual publication by our CEO. I was delighted to see a large contingent from the region here which will result in a Regional Awards Dinner taking place in September. This will be a must attend event where we will celebrate and honour several success stories from your fellow EIC members, more information to follow soon.

Get in touch Share your news and views...

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600

On a final note, as we begin to enter the second half of the year with many of us now back to travelling, from all of us here at EIC we hope that you and your respective families continue to stay safe during this period. Please continue to take advantage of the network provided, and help each other out where possible.

Ryan McPherson Regional Director, Middle East, Africa, Russia & CIS ryan.mcpherson@the-eic.com

Regional news

Ta’ziz and India’s Reliance sign shareholder agreement for US$2bn Ruwais project

Ta’ziz, and Reliance Industries, India’s largest private petrochemicals company, have signed a formal shareholder agreement on their new joint venture to develop a major chemicals project at the Ta’ziz industrial chemicals zone in Ruwais. Reliance is partnering with ADNOC and Abu Dhabi holding company ADQ for the Ta’ziz EDC and PVC joint venture, which will construct and operate a chloralkali, ethylene dichloride (EDC) and polyvinyl chloride (PVC) plant with an investment of more than US$2bn.

Libya’s NOC shuts down Zueitina oil port

Libya’s National Oil Corporation (NOC) shut down its Zueitina oil port in the north east of the country and its Al Sharara oil field and spoke of ‘the start of a painful wave of closures’ as political turmoil continues.

The company declared force majeure on exports from Zueitina port after a group of individuals entered and stopped employees from working. Libya, an OPEC member, produces about 1.2m barrels of oil a day and is exempt from the OPEC+ production deal because of security concerns.

Forthcoming events Please go to page 20 to see upcoming events around the world

25 25

Asia Pacific news Regional update

May was a busy month for EIC Asia Pacific in Kuala Lumpur as travelling and regional events are beginning to come back on Azman the agenda. Following the Nasir successful organisation of EIC APAC Energy Conversations 2022, our office is looking forward to participating in a number of activities in the APAC region.

EIC APAC was involved in the Sabah Oil & Gas Conference & Exhibitions (SOGCE) in Kota Kinabalu, Sabah as one of the exhibitors. This was part of our collaborative effort with a local event organiser to have better visibility and access to Sabah’s oil and gas and energy companies. I also spoke at the event on the topic of Energy Transition in Malaysia in a panel session that had PETRONAS, Shell, Hibiscus Petroleum and the Malaysian Gas Association.

EIC APAC continued our programmes of in-person networking events with the Meet the Energy Players series this time in Kuching, Sarawak where 150 attendees from Sarawak and also those coming from Kuala Lumpur and Singapore were in attendance. For the record EIC has more than 20 member companies based in Sarawak. There has been increasing interests in energy opportunities in Sarawak due to the favourable policies by the state and its visionary plans towards sustainability and net zero emissions.

EIC APAC is planning several Meet the Energy Players with visits to the major cities in the region from June onwards and is planning visits to Singapore, Manila, Bangkok, Ho Chi Minh City, Jakarta and Melbourne.

We received positive feedback from members with regards to these types of events as they are able to meet relevant companies from each city.

TUESDAY 14 JUNE WEDNESDAY 15 JUNE

P&J LIVE ABERDEEN

2022

ENERGY EXPORTS CONFERENCE

For the Energy Exports Conference in Aberdeen, EIC APAC has invited PETRONAS as one of the speakers for the industry panel session who will speak on how they are planning to achieve their net zero aspirations.

EIC APAC will also take the opportunity to accompany PETRONAS on visiting a number of Aberdeen-based companies and facilities relating to net zero initiatives.

Regional news

Indian energy players announce JV for green hydrogen business

Indian engineering giant Larsen & Toubro (L&T), state-owned player Indian Oil Corporation (IndianOil) and renewables major ReNew Power have formed a joint venture to develop green hydrogen projects across the country. The trio signed a binding term sheet for the formation of the joint venture, aimed at developing the nascent green hydrogen sector in India. Indian Oil and L&T also signed a separate deal to form a joint venture to manufacture and sell electrolysers to be used in the production of green hydrogen.

PETRONAS signs up for new floating LNG project

PETRONAS and the Sabah Oil & Gas Development Corporation (SOGDC) have teamed up to build the nation’s first nearshore floating liquefied natural gas vessel. The companies have signed a MoU for the project, called ZLNG, which will be deployed close to the Sipitang Oil and Gas Industrial Park (SOGIP) in Sabah, East Malaysia.

The FLNG project has an estimated price tag of 8.8bn ringgit (US$2.03bn). Samsung Heavy Industries with JGC, and a pairing of Saipem and Hudong-Zhonghua are performing parallel front-end engineering and design contracts for the new FLNG project, which will have minimum liquefaction capacity of 2m tonnes per annum.

Subject to project sanction, the winning FEED contractor will be awarded the prized engineering, procurement, construction and commissioning workscope as a roll-on contract.

EIC Newsbriefs membership@the-eic.com Keeping you up to date with energy news from around the world

Azman Nasir, Head of Asia Pacific azman.nasir@the-eic.com Sign up for the EICOnline newsletter

Visit www.the-eic.com/Forms/NewsletterSignup

@TheEICEnergy

EIC (Energy Industries Council)

26

North and Central America news Regional update

As May is now behind us, the North and Central America region looks back fondly at a month which brought together EIC colleagues from Houston, London and Rio organising the UK pavilion Amand a Duho n at the 2022 Offshore Technology Conference (OTC), pictured.

We were delighted to welcome 22 exhibitors, hosted a successful UK pavilion networking reception, and provided exhibitors and colleagues the opportunity to meet faceto-face after two years of postponements with the nearly 1,000 companies exhibiting this year at OTC. To learn more about the benefits of exhibiting with the UK pavilion, please reach out to chloe.gonzalez@the-eic.com

Regional news

GoM offshore wind auction in 2023

The auction for the first offshore wind area in the US Gulf of Mexico could take place in 2023, according to the Bureau of Ocean Energy Management (BOEM).

Auctions for a total of 11 areas spread across central Louisiana to the border of Mexico are planned to take place, unlocking the potential development of up to 16.5GW of offshore wind power. The US GoM represents 32% of the national offshore wind potential from fixed bottom turbines, according to the National Renewable Energy Laboratory (NREL).

IOCs planning exploration campaigns in Mexico

Eni and Chevron have announced plans to carry out exploration drilling at deep-water licenses in the offshore Salinas Basin. Eni is gearing up for a four-well campaign at Block 24, while Chevron plans to drill the Akna-1EXP well at Block 22 in the fourth quarter of 2022. The blocks were acquired at the second E&P bidding round (Ronda 2) organised by the National Hydrocarbon Commission (CNH) in 2018.

In May, the EIC North & Central America region also had the privilege of partnering on a webinar: Quality Challenges and Risks in the Evolving Hydrogen Supply Chain, pictured right. Over 200 delegates had the opportunity to hear from Leanne Halliday, Corporate Account Manager and SME for Hydrogen, LRQA; Noureen Faizee, Director, Strategy & Growth – Hydrogen, Worley; and Katie Zimmerman, Business Development Manager, wood. The one-hour webinar provided delegates with a deep dive into topics such as a hydrogen market overview, challenges present in the industry, the energy transition journey and regulations.

I would also like to take this moment to inform our EIC members and non-members that the North and Central America region will be moving forward with a combination of in-person and virtual regional events.

We look forward to seeing our members face-to-face while also maintaining virtual webinars and the value they have brought to our EIC community.

Amanda Duhon Regional Director, North & Central America amanda.duhon@the-eic.com Get in touch Share your news and views...

Email newsdesk@the-eic.com Phone +44 (0)20 7091 8600

Forthcoming events Please go to page 20 to see upcoming events around the world

27 27

South America news Regional update Join us for our second in-person event on 30 June at Breakfast with Equinor in Rio de Janeiro where Rafael Tristão, Procurement Manager will be presenting opportunities with the operator in Brazil.

Clariss

e Roch

a

On 12 April we were thrilled to join forces with the Brazilian Petroleum and Gas Institute (IBP) to deliver ‘The next chapter of Brazil’s O&G success story’ event on the Rio Oil & Gas exclusive platform.

This webinar provided an update on the current scenario in the Brazilian oil and gas industry and what the expectations are around the market’s turnaround, focusing on the recent announcements made by Petrobras and other E&P players, such as Equinor and Shell. I made the introduction and opening remarks, followed by Pietro Ferreira, EIC’s Senior Regional Analyst (Americas), who gave a brilliant presentation about the findings, insights, considerations and key oil and gas trends and opportunities revealed by EIC’s Brazil Country Report 2022. He included the energy landscape in Brazil, who the major players are, PEST analysis, and advice on doing business in the country. The report is available to all EIC member companies for free. Fernanda Delgado, Executive Director at IBP talked about the challenges and opportunities in the Brazilian oil and gas market focusing on energy transition, energy security, decarbonisation opportunities and what to expect from this process.

Regional news

Brazilian pre-salt blocks to be offered this year

The National Petroleum Agency (ANP) will hold a bidding round later this year for offshore exploration blocks located in the pre-salt play. Organised under the permanent offer model, the upcoming round will offer 11 blocks and is expected to attract US$241m in signature bonuses. This will be the first time pre-salt blocks are offered under the permanent cycle model.

The EIC will be undertaking a high-level business delegation to Brazil to promote the UK’s excellence in the renewable energy sector around the event ‘UK & Brazil Partners in Energy 2022 – Powering Net Zero’ organized by the UK Department for International Trade (DIT). The event will take place at the famous Copacabana Palace Hotel on 7 June.

Companies active in offshore wind, hydrogen, biogas, waste to values, nuclear energy and oil and gas decommissioning are welcome to join the event to meet with the British delegation to discuss the future of the energy sector, its challenges and opportunities. Register your interest at: https://lnkd.in/diR66spG If you need any assistance or advice in the region or for more information about upcoming events, please contact: rio@the-eic.com Clarisse Rocha, Director – Americas clarisse.rocha@the-eic.com

The ANP previously opted for standalone productionsharing rounds. The permanent offer model presents key changes: instead of organising formal rounds for E&P acreage, this initiative allows operators to express their interest in specific areas, triggering an auction.

The last permanent offer cycle organised in April awarded six offshore blocks in the Santos Basin to a consortium formed by Shell and Ecopetrol, while TotalEnergies secured two offshore blocks.

EIC Newsbriefs membership@the-eic.com

Sign up for the EICOnline newsletter

Visit www.the-eic.com/Forms/NewsletterSignup

Keeping you up to date with energy news from around the world

@TheEICEnergy

EIC (Energy Industries Council)

Contact us

LONDON HOUSTON

DUBAI KUALA LUMPUR RIO DE JANEIRO

EIC Europe and Head Office

89 Albert Embankment London SE1 7TP UK Tel +44 (0)20 7091 8600 Fax +44 (0)20 7091 8601 Email info@the-eic.com

EIC Middle East

PO Box 54455 Office No 5WA 228 West Wing Building 5A Dubai Airport Free Zone Dubai UAE Tel +9714 299 3945 Email dubai@the-eic.com

EIC Asia Pacific

Lot 17-01 Level 17 Menara HLA No 3 Jalan Kia Peng 50450 Kuala Lumpur Malaysia Tel +603 2725 3600 Email kualalumpur@the-eic.com

@TheEICEnergy

EIC North and Central America

Suite 925 11490 Westheimer Houston Texas 77077 USA Tel +1 713 783 1200 Email houston@the-eic.com

EIC South America Ed. Manhattan Tower 26th Floor Avenida Rio Branco 89 20040-004 Rio de Janeiro - RJ Brasil Tel +55 21 3265 7400 Email rio@the-eic.com

EIC (Energy Industries Council)

www.the-eic.com