UTC - Underwater Technology Conference’s Post

🌬️ Thrilled to announce that Ramboll has been awarded the contract for the Front-End Engineering Design (FEED) services for the pioneering West of Orkney Windfarm offshore wind project developed by OWPL, a consortium of Corio Generation, TotalEnergies, and RIDG.   Following our successful Pre-FEED endeavours, Ramboll's expertise has been tapped once again to spearhead the development of FEED design services. During this phase, we will develop designs for up to 125 fixed-bottom #foundations with dual options - monopile and jacket. Our role is pivotal in providing comprehensive technical insights, including assessing steel quantities, identifying and mitigating risks to be as low as reasonably possible and preparing technical requirements. This data will empower the consortium to pinpoint the optimal foundation type for the subsequent phase of the project.   Our contribution extends beyond design, as we'll aid OWPL with identifying potential supply chain options for the fabrication of the fixed-bottom foundations and providing #CAPEX estimates for fabrication. Located about 30 km from Orkney’s west coast and 25 km from northern Sutherland, the West of Orkney Windfarm will operate in waters up to 70 meters deep. With an impressive 2 GW capacity and a timeline set to energize by 2030, the project has the potential to supply clean energy to over two million households.   #DecarbonizingForNetZero #ThePartnerForSustainableChange #OffshoreWindEnergy

Subsea Integration Alliance collaboration agreement with Equinor Commencing work on Wisting and Bay du Nord   Subsea7 today announced the signing of a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance (which comprises Subsea7 and OneSubsea). 🔽 Find more info in comments below 🔽 #Subsea7 #Equinor #SubseaIntegrationAlliance #Stavanger #Norway #Collaboration #CleanEnergy #OilandGasNews ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗗𝗲𝗰𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟰-𝟮𝟬𝟯𝟬. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dq_2fHq2 The report provides an extensive overview of the Offshore Decommissioning industry chain, covering both Shallow (Well Plugging & Abandonment, Platform Removal) and Deepwater (Well Plugging & Abandonment, Platform Removal) sectors. It examines market developments, key enterprises in mature and emerging markets, and analyzes cutting-edge technologies, patents, applications, and market trends. Regionally, North America and Europe show steady growth driven by government initiatives and rising consumer awareness, while Asia-Pacific, led by China, dominates with strong domestic demand, supportive policies, and robust manufacturing capabilities. The report offers a comprehensive understanding of the Offshore Decommissioning market dynamics, trends, challenges, and opportunities, providing holistic insights into industry components and stakeholders. *𝗕𝘆 𝗧𝘆𝗽𝗲: Well Plugging & Abandonment, Platform Remova, Others *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Shallow, Deepwater *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Amec Foster Wheeler, TechnipFMC, Ramboll, TETRA Technologies, Inc., Heerema Marine Contractors, Petrofac, Claxton Engineering Services Ltd., Aker Solutions, Allseas, DeepOcean #OffshoreDecommissioning #WellPlugging #PlatformRemoval #DeepwaterDecommissioning #ShallowWaterDecommissioning #OffshoreEnergy #OilAndGasDecommissioning #EnvironmentalImpact #GovernmentInitiatives #MarketTrends #TechnologyInnovation #AsiaPacificMarket #NorthAmericaMarket #EuropeMarket #IndustryAnalysis #OffshoreInfrastructure #RegulatoryFramework #EconomicImpact #SustainablePractices #GlobalMarket

The country is set to get its first production facility with the help of McDermott. McDermott, a Houston-based, fully-integrated provider of engineering and construction solutions to the energy...READ More #AmmoniaProduction #CentralNewfoundlandProjects #EPCContracts #greenhydrogenproduction #HydrogenStrategyCanada #LowCarbonSolutionsEnergyIndustryDevelopments #McDermottCanadaProject #NetZeroEmissionsGoals #renewableenergyprojects

The country is set to get its first production facility with the help of McDermott. McDermott, a Houston-based, fully-integrated provider of engineering and construction solutions to the energy...READ More #NetZeroEmissionsGoals #McDermottCanadaProject #CentralNewfoundlandProjects #AmmoniaProduction #greenhydrogenproduction #renewableenergyprojects #LowCarbonSolutionsEnergyIndustryDevelopments #EPCContracts #HydrogenStrategyCanada

EPC forum panel discussion with McDermott International, Ltd, Wood, Technip Energies and Fluor Corporation, answering the questions around the topic: "Design One, Build Many" To what extent do you believe this applies in our industry and do you have good examples? #EmersonExchange2024

The country is set to get its first production facility with the help of McDermott. McDermott, a Houston-based, fully-integrated provider of engineering and construction solutions to the energy...READ More #NetZeroEmissionsGoals #McDermottCanadaProject #CentralNewfoundlandProjects #AmmoniaProduction #greenhydrogenproduction #renewableenergyprojects #LowCarbonSolutionsEnergyIndustryDevelopments #EPCContracts #HydrogenStrategyCanada

The country is set to get its first production facility with the help of McDermott. McDermott, a Houston-based, fully-integrated provider of engineering and construction solutions to the energy...READ More #NetZeroEmissionsGoals #McDermottCanadaProject #CentralNewfoundlandProjects #AmmoniaProduction #greenhydrogenproduction #renewableenergyprojects #LowCarbonSolutionsEnergyIndustryDevelopments #EPCContracts #HydrogenStrategyCanada

“BP, Equinor and TotalEnergies pick 9 contractors for UK’s two ‘vital’ #decarbonization projects” March 15, 2024, - Nadja Skopljak “BP, Equinor and TotalEnergies have selected nine contractors for engineering, procurement, and construction contracts, with a combined value of around £4 billion, for two projects being developed in Teesside that are said to be vital for the UK’s #decarbonizationjourney “ “Net Zero Teesside Power (NZT Power), a joint venture of BP and Equinor, and the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, have selected nine specialist contractors across eight contract packages for the Teesside-based projects that would contribute to the UK’s journey towards #netzeroemissions by 2050.” “NZT Power aims to be one of the world’s first commercial-scale #gasfiredpowerstations with #carboncapture , while NEP aims to build the #CO2transportation and storage infrastructure to serve East Coast Cluster (ECC) #carboncaptureprojects .” “A consortium of Technip Energies and GE Vernova, supported by construction partner Balfour Beatty, received a letter of intent (LoI) from BP, on behalf of NZT Power, to construct a #combinedcycle plant that will be powered by an advanced GE Vernova 9HA.02 #gasturbine , a #steamturbine , a #generator and a #heatrecoverysteamgenerator (HRSG), which will integrate with a carbon capture plant using Technip Energies’ Canopy by T.EN solution powered by the Shell CANSOLV #CO2capturetechnology “ “Technip Energies, GE Vernova, and Balfour Beatty, supported by Shell as the technology licensor, are forming the #CarbonCaptureAlliance (#CCA).” “NZT Power could generate up to 860 MW of flexible, dispatchable #lowcarbonpower equivalent to the average electricity requirements of around 1.3 million UK homes. Up to 2 million tonnes of #co2 per year would be captured at the plant and then transported and stored by the NEP in #subseastoragesites beneath the North Sea. NZT Power could create and support more than 3,000 construction jobs and then require around 1,000 jobs annually during operations until 2050.” “The Teesside onshore NEP infrastructure would serve the Teesside-based carbon capture projects (CCS) – NZT Power, H2Teesside and Teesside Hydrogen #co2capture – that were selected for the first connection to the ECC by DESNZ in March 2023 as part of the UK’s cluster sequencing process for #carboncaptureusageandstorage (#CCUS). It is anticipated that around 4 million tonnes of CO2 per year from these projects would be transported and stored from 2027.” https://lnkd.in/eFrisuwp? Source- original post Read all my posts #MariusPreston

1.     Global liquids consumption has grown by 10% over the past three years, averaging 101 MMb/d in 2023, surpassing pre-pandemic levels. 2.     Investments in #oilandgas (O&G) projects are increasing, with upstream engineering, procurement, and construction (#EPC) contract awards totaling approximately $39 billion in 2023, a significant increase compared to 2020 but a decline from 2022 due to project delays caused by inflationary costs and global supply chain issues. 3.     In 2023, 275 subsea tree unit awards were recorded, with significant #EPC activity in floating production systems (FPS) and fixed platforms, particularly in the Middle East. 4.     Major projects sanctioned in 2023 include developments in various regions such as Guyana, Mexico, the US Gulf of Mexico, Turkey, the UK, Brazil, and Angola. 5.     Looking ahead to 2024, global offshore O&G-related #EPC contract award value is forecasted to reach approximately $68 billion, with significant investments expected in subsea infrastructure, floating production units, fixed platforms, subsea umbilicals, risers, and flowlines (SURF), and line pipe. 6.     The FLNG market is expected to see growth in 2024, with an estimated #EPC award value of $15 billion, driven by projects that have experienced delays but are now ready for final investment decisions. 7.     Offshore investment in 2024 will be concentrated in the Americas, with significant projects in Guyana, Mexico, Suriname, and the US Gulf of Mexico. 8.     In the Middle East, investments from members of the Gulf Cooperation Council (GCC) will lead to a major production boost, with offshore production forecasted to reach 14.9 MMboe/d by 2028. 9.     Beyond 2024, continued investment is anticipated in regions such as Petrobras' presalt basin, ExxonMobil's Guyana operations, the East Mediterranean, deepwater Namibia, and the East African gas basin. 10.  Offshore carbon storage (CS) industry presents additional #EPC contracting opportunities, with projects estimated to account for over $9 billion over the 2024-28 period, including subsea infrastructure and fixed platforms. 11.    Overall, offshore production is expected to increase to 56.4 MMboe/d by 2028, driven by high levels of investment and increasing global demand for hydrocarbons. Source: https://lnkd.in/dsz85hDT