A new four-month oil supply glut of approximately 170 million barrels should result from the partial return in August of curtailed OPEC+ production, Rystad Energy predicts in a new analysis. The consultancy bases its prediction on the assumption that “a mild second wave” of…
Dutch offshore access provider Ampelmann has secured a contract with Olympic Shipping to support topside commissioning work on Ithaca Energy’s FPF-1 offshore semi-submersible in the North Sea. Amplemann explained on the 29th July, the combination of the Ampelmann E-type system and the Olympic Taurus…
The Emirates Water and Electricity Company (EWEC), a leading company in the coordination of planning, purchasing and providing of water and electricity across the UAE, has announced the award for the world’s largest solar power plant. The project was awarded to a consortium led…
Van Oord has contracted Blue Offshore to supply a full cable transport spread for both the Hollandse Kust (zuid) Alpha and Beta campaigns. On Sunday, the 19th July, the tug Kamarina and barge CC Atlantique carrying more than 8,000 metric tons of high voltage…
Duke Energy Renewables is making wind turbine repair and maintenance a breeze by offering a first-of-its-kind service option to wind energy producers around the US. An alternative lifting service is now available through Duke Energy Renewable Services, an industry-leading operator and maintenance provider for…
Permian basin gas output is expected to rebound in second-half 2020 and will remain robust for years, but the low-investment environment created by COVID-19 will likely postpone approvals for key pipelines which may necessitate increased flaring from 2023, Rystad Energy projects. Permian gas output…
Chevron is looking to place back online the second train at its Gorgon LNG plant in Australia in September after it found “weld quality issues” within the propane heat exchangers. The US energy firm shut down the second unit at its 15.6 mtpa LNG…
Abu Dhabi National Oil Company is exploring the possibility of selling a stake in its real estate portfolio, the latest effort by the state-owned energy producer to raise funds and attract foreign investors. Initial estimates value the properties at about US$5 billion, according to…
WindFloat Atlantic, the first floating wind farm in continental Europe, is now fully operational and supplying clean energy to Portugal’s electrical grid. Following the connection of the last of the three platforms to the 20 km export cable connecting the wind farm to the…
Due to its superior performance, spiral steel pipes are now widely used in power industry, agricultural irrigation, tap water engineering, petrochemical industry, chemical industry, urban construction, etc, in order to avoid the circulation of unqualified products in the market, causing many inconveniences to our lives…
