Apache, Total make third oil discovery offshore Suriname – Reuters

(Reuters) - Oil producer Apache Corp and its joint venture partner Total SA said on Wednesday they made their third oil discovery offshore Suriname, sending Apaches shares up 14% in after-market trading.

The Suriname discovery, dubbed among the most anticipated in the world by one brokerage, is seen as central to Apaches efforts to reduce its reliance on the Alpine High venture in Texas Permian basin, which has suffered from diving natural gas prices.

The third discovery also comes at a time when oil and gas producers across the globe are reeling under a coronavirus-led decline in energy demand that led crude prices to drop below $0 for the first time ever.

This is the best well weve drilled in the basin to date, with the highest net pay in the best quality reservoirs, Apache Chief Executive Officer John Christmann said.

The third major find was at the Kwaskwasi-1 well drilled offshore Suriname in Block 58, which comprises 1.4 million acres.

Once operations at Kwaskwasi-1 are completed, the drilling ship will move to the fourth prospect in Block 58, Keskesi, Apache said.

Apache did not provide any estimates for recoverable oil and gas.

The Suriname operations are just across the border from where Exxon Mobil led discoveries off Guyana that are estimated to hold more than 8 billion barrels of oil.

Former Suriname President Desi Bouterse described the discovery as a great gift, saying this will be a lot of money for this small country.

Apache and Total each hold a 50% working interest in Block 58, with the U.S. producer as the operator.

(This story corrects Bouterses title to former president in ninth paragraph, spelling error in third paragraph)

Reporting by Arathy S Nair in Bengaluru;; Editing by Maju Samuel and Shailesh Kuber

Read the original:

Apache, Total make third oil discovery offshore Suriname - Reuters

Wind – AWEA urges approval of Vineyard Wind offshore wind project – Renewable Energy Magazine

Vineyard Wind is proposing an 800-megawatt wind energy project offshore Massachusetts. The proposed project would be located approximately 12 nautical miles offshore Martha's Vineyard and 12 nautical miles offshore Nantucket in the northern portion of its lease area.

BOEM published a Draft Environmental Impact Statement (EIS) for the Vineyard Wind I project in December 2018 and received comments from a wide variety of stakeholders, including state and local governments, federal agencies, industry, and the public. Those comments prompted BOEM to develop a Supplement to the Draft EIS, which was released last month and which expanded its cumulative activities scenario for offshore wind development beyond what was considered in the DEIS. This expanded scenario includes all named wind projects and state demand that can be met with existing leases. It also considers previously unavailable fishing data, a new transit lane alternative, and changes to the Construction and Operations Plan.

During the 45-day public comment period following the release of the supplement, BOEM conducted five live, virtual public meetings to enable the public to learn more about the review process, EIS schedule, potential impacts and proposed mitigations of the proposed project.

We urge BOEM to move toward timely approval of this milestone project, at last unlocking the enormous potential for offshore wind to meet our nations growing appetite for clean energy, create tens of thousands of jobs, and provide substantial investments into the American economy said Laura Morton, AWEA Senior Director of Policy and Regulatory Affairs, Offshore.

It is time for our country to start catching up to global competitors, who are already harnessing the significant economic and environmental benefits of offshore wind. The offshore wind industry remains committed to collaborating with other ocean users as we move forward. We are confident that the deployment of offshore wind can be compatible with commercial fishing and safe navigation, as has been demonstrated in many other countries that are already safely and successfully operating offshore wind farms.

"AWEA strongly agrees with the analysis from the US Coast Guard and BOEM that the turbine spacing and uniform grid layout proposed by offshore developers for the adjacent Massachusetts and Rhode Island lease areas, which is reflected in Alternative D2 in the draft supplemental environmental impact statement and results in 200 transit lanes through the lease areas, will maximize safe navigation, as the Coast Guard determined. There is no reason to adopt Alternative F to provide even wider transit lanes when Coast Guard and BOEM analysis demonstrates it is worse for navigation safety. By finishing the environmental review in a timely fashion, BOEM will signal that US offshore wind is about to take off, attracting the 83,000 American jobs and $25 billion in annual economic investment this industry represents. On the other hand, additional delays and regulatory uncertainty will likely cause these careers and dollars to flow to Europe and other countries whose policies support clean, safe, and affordable offshore wind.

For additional information:

American Wind Energy Association (AWEA)

Bureau of Ocean Energy Management (BOEM)

Read the original:

Wind - AWEA urges approval of Vineyard Wind offshore wind project - Renewable Energy Magazine

Tulane part of study that discovers massive submarine landslide offshore Tanzania – News from Tulane

One of the highlights of the study is the discovery of one of the biggest landslides on Earth the Mafia mega-slide which occurred around 17 million years ago off the coast of East Africa.

A Tulane University researcher is part of team of scientists evaluating the hazards associated with submarine landslides beneath the Indian Ocean that are associated with the East African Rift System, a seismically and volcanically active series of continental fractures.

Geophysicist Cynthia Ebinger, the Marshall-Heape Chair Professor in the Department of Earth and Environmental Sciences, said the study demonstrates the massive scale of submarine landslides and the potential link to such landslides in the Gulf of Mexico.

The study was recently published in the open-access journal Nature Communications. The team was led by Vittorio Maselli, an assistant professor in the Department of Earth and Environmental Sciences at Dalhousie University in Halifax, Nova Scotia.

The work has implications for submarine landslide hazards in Africa and worldwide, including the Gulf of Mexico."

Tulane geophysicist Cynthia Ebinger

Submarine landslides represent a serious threat to engineered sea-floor structures and to coastal societies due to their potential in generating catastrophic tsunami waves, the study says.

Ebinger said the study is relevant due to a recent study out of Florida State University that showed that an average of 10 underwater landslides triggered by the passage of seismic waves from distant earthquakes occur each year in the Gulf of Mexico.

The work has implications for submarine landslide hazards in Africa and worldwide, including the Gulf of Mexico, and highlight the need for mapping and monitoring of coastal margins to mitigate the hazards.

Faulting and earthquakes occur extensively along the flanks of the East African Rift System, resulting in remobilization of sediment in the form of landslides, the study says. To date, constraints on the occurrence of submarine landslides are lacking, leaving unanswered a link between rifting and slope instability.

One of the highlights of the study is the discovery of one of the biggest landslides on Earth the Mafia mega-slide which occurred around 17 million years ago off the coast of East Africa. The mega-slide, named for Mafia Island in the Indian Ocean, triggered large and potentially tsunamic landslides likely through earthquake activity and enhanced sediment supply. The study is a first step in evaluating the risk associated with underwater landslides in the region.

Nearby but smaller landslides are linked to the onset of earthquakes and volcanic eruptions in the East African rift system where the African plate is slowly separating into several smaller plates, much like what happened between N. America and Africa 180 million years ago, Ebinger said.

I joined the team of scientists mapping the mega-landslide deposits in the Indian Ocean to discover the probable cause of the landslide: what process caused such a large landslide, information needed to understand the triggers for submarine landslides in offshore Africa, and even the Gulf of Mexico.

As part of her work, she analyzed patterns in river drainage along with areas of earthquake activity, large faults and volcanic eruption history in East Africa to evaluate the causes.

Original post:

Tulane part of study that discovers massive submarine landslide offshore Tanzania - News from Tulane

Sean Doherty: The Offshore Gas Field Hiding in Plain Sight of Newcastle, Sydney and the Central Coast – Coastalwatch

Senior Writer

Newcastle-born Belinda Baggs has led the surf community fight against the PEP 11 offshore development.Photo: Jarrah Lynch

COASTALWATCH | SEAN DOHERTY

Is that the airport? There?

My favourite line from The Castle is when the property valuer walks into the Kerrigans backyard just as a 747 takes off over the back fence and realises the house backs onto the airport runway.

Likewise, when you mention to pretty much anyone living on the coast between Sydney and Newcastle that theres plans to turn the horizon off their coast into an offshore gas field you get the same response. They think youre taking the piss. They cant believe anyone would seriously consider developing an offshore gas field off Sydney. But I suppose a country that can blow up a 46,000-year-old sacred indigenous site for an iron ore mine is capable of pretty much anything.

Petroleum Exploration Permit 11 PEP11 has been hiding in plain sight off the most populated coastline in the country for well over a decade. Australians are accustomed to the offshore oil and gas industry operating as remotely as possible northwest WA, the Timor Sea, Bass Strait and most recently out in the Great Australian Bight. Theres currently no offshore gas in development off Australias east coast.

But PEP 11 is not exactly remote. Its a 4500 square kilometre area smack bang off Sydney, the Central Coast and Newcastle. If its developed, theres a distinct possibility that the gas rigs would be visible on the horizon. The idea seems wildly incredulous, and yet this is Australia where the fossil fuel lobby has dictated their own terms for decades now. PEP 11 is not only real, its just two green lights from the drills being primed. The drilling could begin as early as next year.

It was first surveyed in 1981, although it was first seriously developed in December 2010 when a test well was drilled 61km off Newcastle by Australian company Advent Energy, who concluded the area was a potential Giant Gas province. In the years following, Advent also conducted a series of seismic testing in the basin, mapping several prospect areas that someone with a twisted sense of humour named after whale species, the animals most effected by the seismic blasts. Last year, Advent who owns an 85% share of the PEP 11 exploration permit, with Bounty Oil and Gas owning the other 15 facing growing community opposition announced they were ditching plans to conduct another series of 3D seismic testing, and instead were jumping straight ahead to begin drilling.

This is where we find ourselves today.

To begin drilling Advent need approvals. They first need the National Offshore Petroleum Titles Administration to allow them to switch from seismic testing to drilling. They also need to have the PEP 11 permit extended, as its due to expire next year. Both these approvals, according to their own press, are imminent. If approved, theyd still have to have any drilling approved by NOPSEMA, the offshore drilling regulator wholl deem whether its environmentally safe or not.

And yet Advent remain bullish, and why wouldnt they? Just today, a leaked final report from the Federal Governments own COVID Commission recommended huge public investment in gas infrastructure. AsThe Agereports,A hand-picked coronavirus manufacturing taskforce is urging the Federal government to underwrite a dramatic expansion of gas supply through tax incentives and financial support for new projects, and cutting red and green tape. The hand-picked panel of course, is stacked with people not only aligned with the gas industry, but actively working for gas companies. The head of the COVID Commission, Nev Power, is a director of Strike Energy. Conflict of interest calls have been summarily dismissed. This is of course modern Australia, where fossil fuel interests call the shots.

Advent along with the entire gas industry in Australia is crying about a gas shortage and the need for projects like PEP 11 to be developed. This gas shortage is a smoky.Australia is awash with gas. Australia is currently the largest exporter of liquid natural gas in the world, and therein lies the problem. Exports have tripled in the past five years, resulting in a tripling of domestic gas prices. What happens, broadly, is that the cheap gas is shipped off to Asia while Australian consumers are stuck with the expensive gas. Its led to the farcical situation where we are building import terminals in Port Kembla and Newcastle to import back the same gas we exported, just at a higher price. There is no gas reserve policy on the Australian east coast, the Federal Government has done nothing to intervene, and so the market is free to chase profits however it sees fit.

Hey presto, gas crisis.

The fact PEP 11 has progressed this far without huge communal uproar is also surprising, but opposition is stirring to life. Both theSurfrider Foundationand a Newcastle-based group Save Our Coast has been banging the drum to at least make people aware whats going on just off their coast.Save Our Coasthas encouraged people to write to local Federal MPs asking for the PEP 11 permit to be scrapped. At last count they have had almost 10,000 people send emails, and the issue is likely to become politically hot. There are a bunch of marginal electorates along the coast staring out at a horizon where, if left uncontested, gas rigs could soon be staring back.

It feels like the PEP 11 showdown is coming to a head, and the corona lockdown is the only thing preventing a repeat of the Great Australian Bight paddle out protests that swept around the country last year. If you can get tens of thousands of people to paddle out and save a coastline a couple of thousand kays away theyve never been to, how many would you get when the rigs are on their doorstep?

Wamberal on the Central Coast of NSW, perfectly adjacent to the incoming offshore gas field. Photo: From the Coastalwatch User Photo Gallery by DanZahra

Read the rest here:

Sean Doherty: The Offshore Gas Field Hiding in Plain Sight of Newcastle, Sydney and the Central Coast - Coastalwatch

Offshore Balancing: A Grand Strategy for the China Dream – The Diplomat

Advertisement

For years, the term Chinas rise has provided a useful shorthand for conveying the arc of Chinas recent history: its ascent from poor and powerless victim to wealthy, formidable, and proud global power; from bit player on the world stage to one of the more prominent lead actors.

Whatever the history and politics of the term, the fact is that it no longer captures or conveys the reality of China today. To put it bluntly, China is no longer rising it has risen. No matter the metric GDP, technological innovation, regional and global influence China is at or near the top of the global league tables. It is no longer a global power-in-the-making. Instead, it is a power whose time has come.

This begs the question, now that China has arrived, how should it conduct itself on the world stage? Or, in somewhat more technical terms, what grand strategy should it adopt to advance and defend its national interests in a world order defined in large part by a risen China and a still-hegemonic United States?

During Chinas rise, of course, this question was answered by Deng Xiaopings 24-Character Strategy: Observe calmly; secure our position; cope with affairs calmly; hide our capacities and bide our time; be good at maintaining a low profile; and never claim leadership. But this was a strategy designed to create a political space within which China could rise without triggering an adverse reaction from the United States. That time has passed. The challenge facing the Chinese Communist Partys (CCP) fifth generation leadership today is how to wield Chinas newfound power to secure and advance the interests of a revenant China and to do so in a world still dominated by a United States that is, at best, a frenemy.

Chinas Options for a Grand Strategy

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

Both history and theory must have suggested several possible answers to these questions to the CCP leadership. It is more than just conceivable, for example, that some among what David Shambaugh has called the nativist school would have considered a strategy of isolationism. The nativist school has in recent decades advocated a policy separateness and unilateral freedom of action. Based on both historical and Marxist narratives, its members have argued that China should never have opened its doors to the world in the first place, for that opening allowed unwelcome Western influences to return, and should never have enmeshed itself in an irredeemably exploitative capitalist world order, for that threatened to undo Maos anti-capitalist revolution. Hyper-nationalistic and staunchly anti-American, the nativist camp would certainly have pressed for an isolationist and unilateralist China First strategy. No strategic partnership with the United States, no entangling alliances with states or global institutions, and definitely no managing a declining American world order or launching a Chinese one in its place.

A second answer to the question of what grand strategy is appropriate to a risen China is regional hegemony. Such a strategy would have appealed to the Asia First school of Chinese international relations, a group of scholars and officials that argues that the focus of Chinas diplomacy should be on its immediate periphery, and slightly more ambitiously on its East Asian neighborhood. This school believes that if Chinas neighborhood is not stable, or is dominated by hostile powers, Chinas economic development and national security will be threatened. Therefore, it advocates robust efforts multilateral if possible, unilateral if necessary to maintain the integrity of the regional map as China has drawn it and shape the Indo-Pacific regional order more broadly. It is a strategy that insists that China, like every great power, must protect its own backyard, even if that backyard is shaped by the United States new obsession with the Indo-Pacific concept.

Third, Chinas meteoric rise, whose terminal point was not at all clear when Xi advanced his China Dream in 2012, created at least the possibility of pursuing a grand strategy of global empire. This has given rise to what I will call the Middle Kingdom school. Like the nativists, this school is deeply rooted in the belief that China is the heir to a millennium-old civilization that until the 16th century was the dominant economic, military, and diplomatic power in its world. They differ from the nativists, however, in that they see todays China as being in a position to reclaim its natural place as the Middle Kingdom, to return China to its natural position at the center of its world order only this time at the center of a world order that is truly planetary in scale. Members of this school believe that the American-led post-war order is in its death throes and that this is both a threat and an opportunity. It is a threat in that it carries the frightening prospect of severe political and economic turbulence that will have deleterious effects on China and the CCP. It is perceived as an opportunity in that it creates an opening for the CCP to build a new world order one reflecting Chinese Communist Party interests, values, and norms that will ultimately benefit China just as the old liberal order benefited the United States.

And that leaves us with the final strategic option, the one that seems to have decisively carried the day among the Chinese foreign policy establishment over the last few years: offshore balancing. The DNA of this strategy can be found in the Chinese tradition of international thought first codified by Sun Tzu in the 6th century BCE. Like Western realism, this tradition emphasizes the corruption of humanity, the conflictual nature of all human affairs, the struggle for power and security, and the imperative of military self-reliance in an imperfect and always dangerous world. Also like realism, the Sun Tzuian approach argues that the goal of grand strategy should be to create and maintain a balance of power among the great powers a balance that is dominated by no one state and that acts to short-circuit the efforts of any aspiring hegemon to achieve predominance. In such a system, states must continually take steps to maintain the balance that is, to resist the hegemonic moves of any of their number and to restore any power that temporarily achieves hegemony to the ranks of unexceptional or ordinary great powers.

One way to do this is to adopt a strategy in which a great power uses favored regional powers to check the rise of potentially hostile powers to regional or global predominance. While this can entail formal or informal alliances, prepositioning of equipment, and similar cooperative measures, it does not entail the permanent basing of large numbers of troops in that region. Indeed, that is its defining characteristic. Offshore balancing involves eschewing onshore deployments of military forces in favor of offshore positioning of assets that can be used to intervene as and when the regional balance is threatened. Traditionally, the strategy calls for such states to maintain a rough balance of power in the worlds three key geopolitical regions: Europe, the Middle East, and Northeast Asia. In the Chinese case today, it also entails seeking a rough balance of power in the regions of space, cyberspace, international institutions. Also in the Chinese case, offshore balancing is not merely about maintaining a balance of power. It is about maintaining a balance favorable to Chinese interests. Among other things, this means a balance that is not favorable to the United States.

Offshore Balancing in Action: The Middle East

What is the evidence that Beijing has adopted a grand strategy of offshore balancing with Chinese characteristics? Space limitations preclude a comprehensive survey of how Chinas offshore balancing strategy has begun to manifest itself. Instead, let me offer a snapshot of this strategy as it is playing out in one of the key geographical regions offshore balancers worry about: the Middle East.

Get first-read access to major articles yet to be released, as well as links to thought-provoking commentaries and in-depth articles from our Asia-Pacific correspondents.

The existing balance of power in the Middle East, itself of relatively recent vintage, is one that favors the United States. On the one hand, there is the revisionist power and aspiring regional hegemon, Iran. Driven by both fear and the desire to export its revolution, Irans grand strategic objective is to impose a Shia-dominated, Iran-centered order on the entire region. So far, it has drawn into its orbit several factions in Iraq, Syria, Yemen, and Lebanon all of which share to varying degrees either the Islamic Republics fears or its aspirations. Among other things, a successful Iranian bid for regional hegemony would entail Tehrans control of the flow of Middle Eastern oil, the creation of an even larger jumping-off point for the further export of Irans revolution, and of course, the elimination of the Jewish state. On the other hand, there is a Saudi-led bloc comprising the Kingdom; most of the Gulf States; elements within Iraq, Syria, and Yemen; Egypt; Jordan; and, yes, Israel. Driven by various overlapping fears and aspirations, this bloc seeks to stymie Tehran, ensure the continuing free flow of oil out of the region, and secure some configuration of Israel as part of a region with settled borders. While Russia and Turkey have played bit parts in Syria, to date, the only major external power to intervene continuously and significantly in this region has been the United States. Driven by the same concerns as the Saudi bloc, Washington has consistently sided with, and provided leadership to, the anti-Iranian coalition.

Enter China. Reflecting, I believe, a crystallization of Chinas version of offshore balancing, Beijing has entered into an unprecedented strategic relationship Tehran. The predicates for this new strategic approach to the region were laid over the past few years: development of Chinas maritime strategic infrastructure (the string of pearls) linking the Chinese mainland to Djibouti in the Horn of Africa, multiple port visits to Iran by the PLA Navy, and economic investment over the past decade. However, these initiatives were artifacts more of Deng Xiaopings 24-Character Strategy than Xis offshore balancing strategy. What has changed now is the purpose to which all these assets and investments are being put to use. For Beijing, the balance of power now trumps the balance of payments.

The terms of the new Sino-Iranian comprehensive 25-year strategic partnership agreement have not yet been fully finalized. However, early indications are that China would expand its investment in Irans banking and telecommunications sectors as well as railways, ports, and other infrastructure projects in exchange for heavily discounted oil. But that is just the economic dimension. On the military front, the proposal commits both parties to joint training and exercises, joint research and weapons development, and intelligence sharing. It also proposes Chinese investment in two port facilities in Iran, along the coast of the Sea of Oman, which would add to Chinas ever-expanding maritime infrastructure.

Enjoying this article? Click here to subscribe for full access. Just $5 a month.

This transactional dimension to the new Sino-Iranian partnership, however, is only the tip of the iceberg. At a deeper level, the new relationship constitutes a profound challenge to the regional order that has emerged over the past few decades, partly due to U.S. strategy and partly as a function of the vicissitudes of regional politics. While periodically placed under stress by Iranian initiatives, Russian mischief, and Israeli domestic politics, this order has proven not only to be stable but stable in a way broadly favorable to American interests.

Chinas insertion of itself into the equation has, by design, begun to undermine all this. If handled well by Beijing and clumsily by Washington, the consummation of the Sino-Iranian partnership is likely to set in motion a chain of events that will overturn the current regional order at the expense of the Saudi-centered, Israeli-anchored, and American-backed regional coalition that partly constitutes that order. Successful or not, however, Chinas attempt to create such a strategic partnership tells us all we need to know about the new strategic vision guiding its foreign policy.

Andrew Latham is a professor of political science at Macalester College in Saint Paul, Minnesota.

Excerpt from:

Offshore Balancing: A Grand Strategy for the China Dream - The Diplomat

Offshore Wind: The Missing Link in California’s Energy Mix? – Natural Resources Defense Council

If youve ever driven a car, youve certainly read the phrase objects in the mirror are closer than they appear. California law requires the states electricity to be zero carbon by 2045 and the economy to be carbon neutral by then as well. The goal is appropriate, ambitious, and the challenges are novel. Because of the scale of change required, just like that object in the mirror, 2045 is closer than it appears.

As a renewable source, offshore wind can help California to solve its carbon reduction puzzle. However, its development has a unique set of challengesenvironmental, regulatory and economic.

The Bureau of Ocean Energy Management (BOEM) has kicked off the federal Outer Continental Shelf leasing Process by identifying three Call Areas where offshore wind could be built: Humboldt on the North Coast, and Morro Bay and Diablo Canyon on the Central Coast. If developed fully, the Call Areas have a potential of around 8 GW. Yet, there is more work needed to identify the best locations within those Call Areas to balance technical and economic feasibility and minimize environmental and stakeholder conflicts.

Through this two-part blog, we explain why California needs to seriously consider offshore wind as an option to meet its zero-carbon goals and why it needs to commit to building the first 100 MW within the next year. Lessons learnt from this first commitment will help the industry scale up smoothly.

While trying to meet its zero carbon goals by 2045, California is also increasing its electric demand. With a wave of cities passing building electrification legislation, electric vehicles growing popularity and the recently adopted Advanced Clean Trucks rule, the trend is clear.

To address the question of how to supply this increasing demand with clean and affordable electricity, the California Legislature passed the Clean Energy and Pollution Reduction Act (Senate Bill 350). A key part of this bill is for the California Public Utilities Commission (CPUC), California Energy Commission, and the states electricity providers to figure out how to cut these emissions in a least-cost manner.

California gets almost 35 percent (100 GWh) of its electricity from gas fired power plants. To move away from these fossil plants and to meet the states climate action goals of carbon neutrality by 2045, new sources of clean electricity need to come online. And while the current go-to renewable resourcessolar, onshore wind and battery storageare technically capable of helping us get to zero-carbon electricity, it would be cheaper and easier to reach that goal with a broader range of technologies. So, Californias electricity providers should invest in renewable sources of electricity that are a good complement to solar, onshore wind, and batteries.

Offshore wind can be an important complement because it can meet Californias renewable energy needs during rainy and cloudy winter months when less solar is energy available. Even more appealing from an energy planners perspective is that offshore winds ramp up in the afternoon and evening when the sun goes down. This means that offshore wind could reduce the need to build expensive storage, and the need to retain gas power plants.

While offshore wind operates under the same premise as onshorecapturing energy from the wind to generate electricity turbines on the ocean present a unique set of challenges. Depending on the oceans depth, turbines could be fixed at the bottom of a shallow seabed or float on deeper oceans. The vast majority of offshore wind exists in shallow waters where the bottom of the turbines can easily reach the seabed.

Many states off the East Coast have taken advantage of shallower waters and kickstarted offshore wind development through public policy. For instance, in 2016, Massachusetts signed the Act to Promote Energy Diversity to spur the building of 1.6 GW of offshore wind energy by 2027the target was later doubled in 2018. New York and New Jersey both committed in 2019 to a goal of 9 and 7.5 GW by 2035. With five metal giants standing on the horizon, the Block Island wind farm in Rhode Island can produce more than 125,000-MWh of electricity annually, enough energy to power 17,000 homes.

Compared to the East Coasts Atlantic seashore states, Californias continental shelf drops off steeply meaning that relatively novel floating turbines are the only option. However, the novelty of floating offshore wind technology shouldnt be prohibitive. Hywind Scotland, the first floating offshore wind development globally, was brought online in 2017.

California has the wind energy resource technical potential to power at least 110 GW of offshore wind. However, environmental, stakeholder, regulatory and economic considerations mean that only a portion of that total can be feasibly built.

Before the state commits to power the first few houses from these floating metal-turbines, it needs to make sure that offshore wind development can be conducted in an environmentally responsible and cost-effective manner. Specifically, the states regulators and legislators need to figure out the following concerns:

Our next blog in this series will propose a solution to help Californias policymakers answer these questions and chart a path forward to a clean electricity future powered (in part) by offshore wind.

Originally posted here:

Offshore Wind: The Missing Link in California's Energy Mix? - Natural Resources Defense Council

Coronavirus on the Decline in UK Offshore Sector – The Maritime Executive

File image

By The Maritime Executive 07-28-2020 09:24:49

Oil and Gas UK (OGUK), the industry association for Britain's offshore oil and gas sector, reports that the number of possible coronavirus cases requiring medical evacuation is on the decline in the UK North Sea rig workforce.

OGUK confirms that the number of medevac flights for potential COVID-19 cases accounted for only 0.03 percent of total persons on board offshore installations last week. "The reduction in c-med flights is a recognition of both industry-imposed barriers and UK measures being effective," said Trevor Stapleton, OGUKs health, safety and environment director. It is worth noting that a Cat-C passenger is only symptomatic of COVID-19 and may not be a positive case, therefore the percentage figure is the worst-case scenario. However, now is not the time for us to become complacent and we will be paying close attention to the figures going forward."

"Category C" evacuees are workers who display non-life-threatening symptoms consistent with coronavirus. The industry's standard medevac protocol calls for the use of a CMED or SAR helicopter and a maximum of three passengers on board.

From late March through late May, a total of about 200 individuals had to be evacuated due to potential COVID-19 symptoms, according to UK industry outlet Energy Voice. In early April, the count peaked at 56 flights in a week, and it has declined significantly since.

As we move into the recovery phase which will mean increasing [persons on board] offshore a missing piece of the jigsaw is still asymptomatic testing for our offshore workforce, carried out using the NHS UK test centers. We continue to make the case for this with both the UK and Scottish governments," Stapleton added.

Follow this link:

Coronavirus on the Decline in UK Offshore Sector - The Maritime Executive

Hampton Roads Alliance Announces Offshore Wind Supply Chain Development Initiative – Yahoo Finance

To lead the effort, regional expert Matt Smith will join the Alliance as its first Director of Offshore Wind Business Development

NORFOLK, Va., July 29, 2020 /PRNewswire-PRWeb/ -- The Hampton Roads Alliance (the Alliance) is pleased to announce a new initiative to develop a comprehensive supply chain to serve the east coast offshore wind industry. This effort is made possible largely thanks to a Department of Housing & Community Development GO Virginia grant of $529,788 that will help fund the first two years of this effort. This initiative will position Hampton Roads as the premier destination for offshore wind companies to invest, while also creating new economic prospects for existing businesses, attracting new investments to the region, and sparking new permanent job creation.

"The Alliance is proud to be a key partner in the collective effort to bring offshore wind to the Hampton Roads region. We would like to sincerely thank Governor Ralph Northam and these Virginia General Assembly for leading the charge to bring renewable energy to the Commonwealth of Virginia, and GO Virginia for awarding the Alliance a grant which will be used to kick off our supply chain development initiative," said Doug Smith, President & CEO of the Hampton Roads Alliance.

This initiative will entail efforts to both recruit offshore wind companies to establish operations in the region, while simultaneously identifying opportunities for existing Virginia businesses to become part of the supply chain. This effort will involve significant coordination and collaboration with local, regional and state partners, including the Virginia Division of Offshore Wind within the Department of Mines, Minerals, and Energy (DMME) and the Virginia Economic Development Partnership (VEDP). In support of this new initiative, the Alliance is pleased to announce the hiring of Matt Smith as the Director of Offshore Wind Business Development. In the spirit of collaboration, a hiring committee comprised of representatives from the Hampton Roads Alliance, Virginia DMME, Port of Virginia, Virginia Maritime Association and Portsmouth Economic Development conducted the search and selection of this new hire from a wide pool of candidates. The committee unanimously recommended Matt for the role and is excited to welcome him to the Alliance team.

Before joining the Alliance, Matt served as the Senior Regional Planner at the Hampton Roads Planning District Commission (HRPDC) and worked in the areas of strategic, environmental and comprehensive planning. Matt led efforts at the HRPDC on issues ranging from offshore wind to site development readiness. Matt came to the HRPDC from the City of Hampton's Community Development Department where he helped begin Hampton's resilience planning program.

Prior to his career in community development, Matt worked for a member of the U.S. House of Representatives and for a research and consulting firm. Matt, a native of Hampton Roads, earned a Master's Degree in Urban and Regional Planning from Virginia Commonwealth University and a B.A. in American History from Washington and Lee University.

"We are very excited to have Matt Smith join our team as our first Director for Offshore Wind Business Development," said Brian K. Skinner, Chief Banking Officer for TowneBank and Chair of Alliance Board of Directors. "Matt comes to the Alliance with a history of serving the 757 region, and we look forward to the experience and passion he will bring with him to this inaugural role."

"The Virginia Department of Mines Minerals and Energy is pleased to have the Alliance as an important partner in the State's burgeoning offshore wind industry," commented Jennifer Palestrant, Chief Deputy, DMME. "Matt's experience, along with his knowledge of the local business community and regional development opportunities, will serve this emerging industry well."

"Virginia is positioned to be a leader in the offshore wind energy industry, and we are excited to partner with the Hampton Roads Alliance, DHCD and DMME on these initiatives to expand Virginia's offshore wind supply chain," said Stephen Moret, VEDP President and CEO. "It is through collaboration among state, local and regional organizations that we can recruit new business, growing this industry and creating economic opportunity in the Hampton Roads region and throughout the Commonwealth."

Story continues

"As offshore wind energy production and its supporting supply chain begin to take footing along the U.S. East Coast, the Hampton Roads Harbor and the existing maritime cluster is poised to be a key hub in this emerging industry," remarked John F. Reinhart, CEO and Executive Director, Virginia Port Authority. "The Port of Virginia is pleased to see the Alliance establish an offshore wind supply chain development program, as well as the addition of Matt Smith as the Director of Offshore Wind Business Development. The Port of Virginia and the Alliance are strategic economic development partners, and we look forward to working with Matt to grow the offshore wind industry here in Virginia."

"We are very happy to have Matt join the Alliance. His in-depth local knowledge, planning expertise and regional network will be invaluable in establishing our region as a major player in the East Coast offshore wind supply chain," said Will Fediw, Vice President of Industry & Government Affairs, Virginia Maritime Association.

"From economics to workforce to infrastructure and industry planning, offshore wind will be a major aspect of our region's future," commented Robert D. Moore, Director, Portsmouth Economic Development. "The City of Portsmouth is excited to collaborate with our local, regional and national partners to ensure that the 757 is the preferred East Coast hub for the industry. Matt's knowledge of the region and technical background will support those efforts."

To further this new initiative, the Alliance is also establishing a European-based offshore wind economic development office. Located in Frankfurt, Germany, the Hampton Roads Alliance Offshore Wind Office will be staffed by experts who will engage with European-based companies and promote the assets of the region.

"We as the European arm of the Hampton Roads Alliance are thrilled to represent this initiative. As one of the first pioneers to help European offshore wind companies navigate through the U.S. and Hampton Roads, the Alliance will start by opening an office in Frankfurt," said Andreas Paulicks, Director Europe, Hampton Roads Alliance Offshore Wind Office. "This decision is based on the fact that Europe and especially Germany are among the leading nations within the renewable energy industry and in particular offshore wind. The strong presence of renewable energy in Europe will bring great opportunities to support investments from Europe to Hampton Roads."

Hampton Roads is uniquely positioned to support the growing $100 billion East Coast offshore wind industry. The region boasts unmatched port infrastructure, America's largest and most skilled maritime workforce, no overhead bridge restrictions between key port facilities and the open ocean, and abundant waterfront land. Dominion Energy also recently completed installation of the first two turbines in Federal waters as part of its Coastal Virginia Offshore Wind project.

"Offshore Wind represents a once in a generation opportunity to bring an entirely new industry to the region," said ReInvent Hampton Roads CEO & President, Jim Spore.

For further information or to secure an interview with Alliance President & CEO, Doug Smith, please contact Jillian Goodwin, Director of Marketing & Communications at jgoodwin@757alliance.com.

About the Hampton Roads Alliance The Hampton Roads Alliance is the leading regional economic development organization for Hampton Roads, VA. It is a nonprofit, public-private partnership representing 11 localities and over 70 private sector investors. With the support of its community and business partners, the Alliance serves as the region's single point of contact for regional economic development to assist domestic and international companies who are considering expansion or relocating to the Hampton Roads region. Its mission is to work collaboratively to attract, grow and retain higher-wage industries and talent to create a more resilient, inclusive and diverse region of choice.

SOURCE Hampton Roads Economic Development Alliance

Originally posted here:

Hampton Roads Alliance Announces Offshore Wind Supply Chain Development Initiative - Yahoo Finance

U.S. Offshore Wind Keeps Spinning in July Legislative Update – JD Supra

While offshore wind has been on the radar for many years in the United States, there has been a palpable surge in the momentum behind the industry over the past several months. For example, earlier this week, New York Governor Andrew Cuomo announced a massive renewable energy solicitation that included a record breaking 2,500 MW offshore wind procurement. In conjunction with the solicitation, the state will require offshore wind generators to partner with one of 11 prequalified New York ports to stage, construct, manufacture key components, or coordinate operations and maintenance activities. Funding for port investments will include $400 million in both public and private funding.

Despite the surge in new activity, questions regarding one of our countrys oldest laws still loom over the industrys development. The Jones Act celebrated its 100th birthday last month (and original requirements for use of U.S. flagged vessels for transportation between U.S points date back to legislation introduced in the first Congress). The Jones Act prohibits the transportation of merchandise between U.S. points on a vessel that isnt U.S. flagged and coastwise qualified (i.e., owned, operated, and controlled by U.S. citizens). Of particular significance to offshore wind, regulatory and legislative activity at the end of last year and the early part of this year called into question the extent to which foreign flagged heavy lift vessels will be authorized to conduct installation operations in U.S. waters. This issue is critical to the industry because there are currently no U.S. flagged heavy lift vessels capable of performing certain aspects of offshore wind projects. This fact, in addition to the long lead time required to secure the use of these vessels, means that any uncertainty regarding whether use of a U.S. coastwise qualified vessel is or will be required in the future has the potential to present significant complications for project owners.

On February 17, 2020, a previously issued decision of Customs and Border Protection (the agency responsible for interpreting and administering Jones Act requirements) to broaden the scope of activities that a foreign flagged vessel could undertake as part of lifting operations went into effect. Specifically, CBPs decision revoked prior CBP interpretative rulings that prohibited any movement of a foreign flagged vessel with merchandise aboard during a lifting operation. Instead, under its revised interpretation, CBP indicated that it will permit a foreign flagged vessel to engage in lifting operations that include certain lateral movements when the movement is necessary for the safety of surface and subsea infrastructure and/or the vessels and mariners involved. CBP clarified that this interpretation applies to all lifting operations (i.e., not just heavy lift).

Concurrent to that action by CBP, legislative efforts to define the scope of permissible foreign flagged vessel involvement in lifting operations were also underway. In July of last year, the House of Representatives passed the Coast Guard Authorization Act of 2019 (H.R. 3409). The House version of the bill included provisions that would have essentially overridden CBPs revised interpretation of lifting operations with respect to heavy lifts by instead prohibiting use of foreign heavy lift vessels unless there has been a finding by the U.S. Secretary of Transportation that there are no available qualified U.S.-flag vessels. A companion bill introduced in the Senate (S. 2297) did not contain these provisions. Neither version was ultimately enacted into law as negotiations on this language appeared to have stalled. Thus, the question of whether CBPs interpretation would be allowed to remain in place by Congress remains largely unsettled.

That changed, at least in part, last week when the House passed the Elijah Cummings Coast Guard Authorization Act of 2020 as part of the William M. (Mac) Thornberry National Defense Authorization Act for FY2021. The 2020 version of the Houses Coast Guard Authorization Act did not contain the heavy lift waiver language. The bill now heads to the Senate to be reconciled in conference with the Senate version of the NDAA. Given that the Senate did not adopt the heavy lift waiver language last year, it would seem that CBPs more permissive reading of the Jones Act will continue to apply. Obviously, all eyes in the industry will be watching this legislations progress closely.

Read the original post:

U.S. Offshore Wind Keeps Spinning in July Legislative Update - JD Supra

NJBPU issues solicitation guidance for second offshore wind project in NJ – Daily Energy Insider

NJBPU issues solicitation guidance for second offshore wind project in NJ

Published on July 27, 2020 by Dave Kovaleski

Shutterstock

The New Jersey Board of Public Utilities (NJBPU) issued solicitation guidance on the states second offshore wind project.

The solicitation guidance document includes information on the timeline for the second solicitation, the application requirements, and the criteria for evaluating applications.

The states first offshore wind solicitation was for 1,100 megawatts (MW) of energy. The states goal is to have 7,500 MW of offshore wind energy by 2035.

Using lessons learned from our first successful solicitation of 1,100 MW, we are very excited to move forward with our second offshore wind solicitation which could bring the state up to a total of 3,500 MW of offshore wind energy, NJBPU President Joseph Fiordaliso said. Offshore wind is the linchpin of our clean energy program and will help us reach Governor Murphys goal of 100 percent clean energy by 2050, build an innovation economy, and combat the impacts of climate changes.

The board also scheduled a virtual public meeting on Aug. 5 from 1:00 p.m. to 4:00 p.m., which will feature a presentation by NJBPU staff on New Jerseys offshore wind goals and activities, as well as information on the requirements of the Offshore Wind Economic Development Act. Staff will also summarize the content of the solicitation guidance document for the second project, with public comment to follow. NJBPU also will accept written comments on the solicitation guidance document by Aug. 19.

After this meeting, NJBPU expects to consider the second solicitation at its September board meeting. Applications would then be accepted in December 2020 with a final decision by the board in June 2021.

In June 2019, NJBPU approved an application for a 1,100 MW offshore wind generation project submitted by Ocean Wind. The project is currently underway and should be operating in 2024.

Continue reading here:

NJBPU issues solicitation guidance for second offshore wind project in NJ - Daily Energy Insider

ADNOC adds China’s CNOOC as new partner in two offshore concessions – Offshore Technology

]]]]]]>]]]]>]]> ADNOC transfers rights in major offshore concessions from CNPC to CNOOC. Credit: Abu Dhabi National Oil Company.

Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know.

UAEs Abu Dhabi National Oil Company (ADNOC) has announced the transfer of ownership rights in two offshore concessions to China National Offshore Oil Corporations (CNOOC) subsidiary CNOOC Limited.

ADNOC will transfer the rights in Lower Zakum, and Umm Shaif and Nasr offshore concessions from China National Petroleum Corporation (CNPC) to CNOOC.

Transfer of rights in these concessions was approved by Abu Dhabis Supreme Petroleum Council (SPC).

CNOOC will join a consortium, which includes ONGC Videsh, INPEX, CNPC, Eni, and Total as participants in the two concessions, in which ADNOC holds a 60% stake.

ADNOC Group CEO Sultan Ahmed Al Jaber said: The transfer also illustrates ADNOCs strengthened access to international markets and partners and our commitment to generating sustainable returns for the UAE.

CNOOC joins our other international partners in the Lower Zakum and Umm Shaif and Nasr concessions and bring world-class expertise and technology to help us continue to maximise value from the concessions as we create a more profitable upstream business and deliver our 2030 strategy.

CNOOC will acquire a 40% stake of CNPCs majority-owned subsidiary PetroChina Investment Overseas, which, in turn, holds a 10% interest each in the Lower Zakum and Umm Shaif and Nasr concessions.

Post the transfer of rights to CNOOC, PetroChina will retain a 6% stake in the concessions.

CNOOC chairman Wang Dongjin said: We are very pleased to participate in the Lower Zakum and Umm Shaif and Nasr concessions. This further strengthens the strategic relationship with ADNOC and PetroChina.

Last month, ADNOC reached a $20.7bn gas infrastructure deal with a consortium of investors. The group consists of six investors, namely Global Infrastructure Partners (GIP), Brookfield Asset Management, Ontario Teachers Pension Plan Board, Singapores sovereign wealth fund GIC, NH Investment & Securities, and Snam.

Follow this link:

ADNOC adds China's CNOOC as new partner in two offshore concessions - Offshore Technology

ScottishPower completes 2.5bn East Anglia ONE offshore wind farm – Energy Live News – Energy Made Easy

Image: ScottishPower Renewables

ScottishPower Renewables has announced the completion of the East Anglia ONE offshore wind farm with a total capacity of 714MW.

Located 43km off the Suffolk coast, the 2.5 billion wind farm consists of 102 turbines, capable of producing enough renewable electricity to power the equivalent of more than 630,000 homes.

Almost 3,500 jobs were created during the construction phase, which began in 2017, while 100 long term skilled jobs have been created at the operations and maintenance base in Lowestoft.

ScottishPower suggests more than half of the wind farms supply chain came from the UK market over the course of the project.

Charlie Jordan, East Anglia ONE Project Director at ScottishPower Renewables, said: The final commissioning of East Anglia ONE is an incredible milestone for us and our project partners, as well as our wider stakeholders, the East Anglian region and the whole of the UK. And it comes at a crucial time as the UK takes it first steps towards a green economic recovery.

Reaching this point was always going to be an extremely important moment for us heralding the start of full production of green energy from a major site that will play a real part in the UKs path to net zero I am delighted East Anglia ONE will play a leading roll in the regions green energy production and will also become a hub of industry, investment and skills as we continue to build the green energy sector thats so important for our future.

The project is a joint venture between ScottishPower Renewables and Macquaries Green Investment Group (GIG), with the completion of this project bringing the total capacity of UK offshore wind supported by the latter companies to more than 5.7GW across 14 projects.

If you enjoyed this story you can sign up to our weekly email for Energy Live News and if youre interested in hearing more about the journey to net zero by 2050, you can also sign up to the future Net Zero newsletter.

Follow this link:

ScottishPower completes 2.5bn East Anglia ONE offshore wind farm - Energy Live News - Energy Made Easy

Offshore Oil Pipeline Industry Market to Witness a Pronounce Growth During 2020 to 2025 – AlgosOnline

Global Offshore Oil Pipeline Industry Market 2020 report focuses on the major drivers and restraints for the global key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

The Offshore Oil Pipeline Industry market report is an exhaustive assessment of this business space and provides crucial insights with regards to development trends of the market during the estimated timeframe. Additional details including regional scope of the industry and various policies are outlined in the report. Moreover, the report encompasses numerous parameters such as the impact of current market trends on investors.

Details concerning the Offshore Oil Pipeline Industry market scenario such as advantages and disadvantages of products launched by industry players are mentioned in the report. The study further offers a summary of the competitive scenario as well as a complete analysis of the raw material and downstream buyers matrix.

Request a sample Report of Offshore Oil Pipeline Industry Market at:https://www.marketstudyreport.com/request-a-sample/2819610?utm_source=Algosonline.com&utm_medium=AN

COVID-19, the disease it causes, surfaced in late 2020, and now had become a full-blown crisis worldwide. Over fifty key countries had declared a national emergency to combat coronavirus. With cases spreading, and the epicentre of the outbreak shifting to Europe, North America, India and Latin America, life in these regions has been upended the way it had been in Asia earlier in the developing crisis. As the coronavirus pandemic has worsened, the entertainment industry has been upended along with most every other facet of life. As experts work toward a better understanding, the world shudders in fear of the unknown, a worry that has rocked global financial markets, leading to daily volatility in the U.S. stock markets.

Revealing a gist of the competitive landscape of Offshore Oil Pipeline Industry market:

Explicating the geographical landscape of Offshore Oil Pipeline Industry market:

Ask for Discount on Offshore Oil Pipeline Industry Market Report at:https://www.marketstudyreport.com/check-for-discount/2819610?utm_source=Algosonline.com&utm_medium=AN

Additional takeaways from the Offshore Oil Pipeline Industry market report:

Research Objective:

This report considers the below mentioned key questions:

Q.1. What are some of the most favorable, high-growth prospects for the global Offshore Oil Pipeline Industry market?

Q.2. Which products segments will grow at a faster rate throughout the forecast period and why?

Q.3. Which geography will grow at a faster rate and why?

Q.4. What are the major factors impacting market prospects? What are the driving factors, restraints, and challenges in this Offshore Oil Pipeline Industry market?

Q.5. What are the challenges and competitive threats to the market?

Q.6. What are the evolving trends in this Offshore Oil Pipeline Industry market and reasons behind their emergence?

Q.7. What are some of the changing customer demands in the Offshore Oil Pipeline Industry Industry market?

For More Details On this Report: https://www.marketstudyreport.com/reports/covid-19-outbreak-global-offshore-oil-pipeline-industry-market-report-development-trends-threats-opportunities-and-competitive-landscape-in-2020

Related Reports:

1. COVID-19 Outbreak-Global Marine Steam Boilers Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020Read More: https://www.marketstudyreport.com/reports/covid-19-outbreak-global-marine-steam-boilers-industry-market-report-development-trends-threats-opportunities-and-competitive-landscape-in-2020

2. COVID-19 Outbreak-Global Automatic Ticket Machine Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020Read More: https://www.marketstudyreport.com/reports/covid-19-outbreak-global-automatic-ticket-machine-industry-market-report-development-trends-threats-opportunities-and-competitive-landscape-in-2020

Contact Us:Corporate Sales,Market Study Report LLCPhone: 1-302-273-0910Toll Free: 1-866-764-2150 Email: [emailprotected]

Read the rest here:

Offshore Oil Pipeline Industry Market to Witness a Pronounce Growth During 2020 to 2025 - AlgosOnline

Export Cable Laying Soon to Begin at Moray East Offshore Wind Project – Offshore WIND

The boulder picking operations have begun at the export cable route of the Moray East offshore wind project in Scotland.

The boulder picking work started on 24 July using Olympic Triton, while the export cable laying and trenching operations are set to begin circa 28 July.

NKT Victoria will be laying the three export cables between the project site and the cable landfall, via three separate drilled HDD ducts near Boyndie Bay.

The vessel Havila Phoenix will undertake operations to bury these subsea power cables. Cable laying is expected to be completed by approximately 3 October.

According to the projects weekly notice of operations, ten jacket foundations have so far been installed at the site some 22km off the Aberdeenshire coast.

The 950 MW Moray Eastwill consist of 100 MHI Vestas 9.5 MW turbines and three offshore substation platforms expected to be operational by 2022.

Read the original:

Export Cable Laying Soon to Begin at Moray East Offshore Wind Project - Offshore WIND

Global Offshore Drilling Market 2020 Analysis by Geographical Regions, Type and Application Till 2027 – Market Research Posts

This latest report studies Offshore Drilling Market globally, particularly in North America, Europe(Germany, UK, France, Italy, Spain, Russia, Poland), China, Japan, Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam) the Middle East and Africa(Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria), India, South America(Brazil, Mexico, Colombia), with revenue, import, and export, production, consumption in these regions, from 2015 to 2019, and forecast 2020 to 2027. Global Offshore Drilling market 2020 research report is replete with precise analysis from radical studies, specifically on queries that approach market size, trends, share, forecast, outlook, production, and futuristic developments trends and present and future market status.

Then, the report focuses on world major leading industry players with information like company profiles, product picture and specifications, Sales Revenue, Price, gross margin, market share, and contact info. In addition, the Offshore Drilling industry development trends and marketing channels are analyzed.

Request For Free Sample Report:

https://www.reportspedia.com/report/chemicals-and-materials/2015-2027-global-offshore-drilling-industry-market-research-report,-segment-by-player,-type,-application,-marketing-channel,-and-region/57913#request_sample

Analysis of Offshore Drilling market Key manufacturers (Sales Revenue, Price, gross margin, main products, etc.):

RowanBaker HughesOlsen EnergySchlumberger LimitedSeadrill.Parker DrillingTransocean Ltd.COSLKCA DeutagEnsco PlcWeatherford InternationalHalliburtonSaipemDiamond OffshoreNabors IndustriesNobleFluor Corporation

Analysis of Offshore Drilling Market By Product Types(Market Size & Forecast):

Drill-shipSemisubmersibleJackup

Analysis of Offshore Drilling Market By Applications(Market Size & Forecast):

Deepwater drillingShallow water drillingUltra-deepwater drilling

In additional, the manufacturers dominant within the global Offshore Drilling Market are highlighted inside the competitive landscape section of the report. The competitive state of affairs and trends current within the market have additionally been encapsulated underneath this section of the study. moreover, the mergers and acquisitions that passed off within the market in the past few years and their impact on the markets development has in addition been bestowed underneath this a part of the report.

Ask For Discount: https://www.reportspedia.com/discount_inquiry/discount/57913

Furthermore, it describes the in-depth analysis of key Offshore Drilling market segments and sub-segments, particularly includes evolving Offshore Drilling industry trends and dynamics, challenges, and competitive insights, technological breakthroughs for Offshore Drilling market development mapping with different opportunities. The report also analyzes the Offshore Drilling industry potential for every geographical region consequently.

With the list of tables and figures, the report provides key statistics on the condition of the business and could be a valuable supply of steerage and direction for firms and people curious about the market.

Any Query Or Specific Requirement? Ask to our Research expert @

https://www.reportspedia.com/report/chemicals-and-materials/2015-2027-global-offshore-drilling-industry-market-research-report,-segment-by-player,-type,-application,-marketing-channel,-and-region/57913#inquiry_before_buying

TOC of Offshore Drilling Market Contains Following Points:

Table of Content & Table Of Figures

https://www.reportspedia.com/report/chemicals-and-materials/2015-2027-global-offshore-drilling-industry-market-research-report,-segment-by-player,-type,-application,-marketing-channel,-and-region/57913#table_of_contents

Original post:

Global Offshore Drilling Market 2020 Analysis by Geographical Regions, Type and Application Till 2027 - Market Research Posts

Arcadis Ost 1 Offshore Substation Starts Taking Shape – Offshore WIND

Construction of the upper part of the Arcadis Ost 1 offshore substation has now begun at the former Lenin Shipyard in Gdansk, Poland, Elia Group said.

Elias German subsidiary 50Hertz is working with the Belgian offshore wind developer, Parkwind, to more efficiently connect the new Baltic wind farm, Arcadis Ost 1, to the German high-voltage grid.

Parkwind and the German transmission system operator are jointly building the wind farms offshore transformer platform.

The 247 MW Arcadis Ost 1 wind farm will be located off the German coast in the Baltic Sea, 19 kilometres northeast of the island of Rgen.

The offshore substation will consolidate the energy generated by the wind farms 27 MHI Vestas turbines, transform it from 33 kV to 220 kV, and then transmit it onward to the mainland via a submarine cable to 50Hertzs high-voltage substation in Lubmin.

Once the upper part of the platform is completed and outfitted, it will be transported by ship and installed on piles driven directly into the seabed, Elia said.

According to the current schedule, the offshore substation should be installed in 2023. Denmarks Bladt Industries is in charge of the design, fabrication, and installation of the Arcadis Ost 1 substation.

Parkwind plans to commission the Arcadis Ost 1 wind farm in 2023.

Here is the original post:

Arcadis Ost 1 Offshore Substation Starts Taking Shape - Offshore WIND

Onshore Construction for Changfang & Xidao Offshore Wind Farms Kicks Off – Offshore WIND

Onshore works for the Changfang & Xidao offshore wind farms in Taiwan started on 23 July, according to a press release from the general contractor TECO Electric & Machinery.

The onshore construction officially commenced by breaking ground in Lugang township of Changhua County, where the offshore wind farms onshore electric infrastructure will be built.

The project includes transformer stations and booster stations, as well as other related facilities, which will become part of the national grid operated by Taiwan Power Company (Taipower).

TECO is carrying out onshore engineering works together with Pacific Engineers & Constructors.

The companies will deliver design work, civil work, electric machinery, and power lines for transmitting power output of the two wind farms to Taipower grid and facilities for remote monitoring of the operation of wind farms and transformer stations.

Construction works will be carried out in an environment-friendly manner, without air pollution and noise, TECO states.

The Changfang & Xidao projects, having a combined capacity of 589 MW, are owned by Copenhagen Infrastructure Partners (CIP), which holds the majority stake, and by two local life insurance companies, Taiwan Life Insurance, and TransGlobe Life Insurance.

The offshore wind farms officially entered the construction phase in February, afterreachingthe financial close.

TheChangfang and Xidaooffshore wind farms will feature 62 MHI Vestas 9.5 MW wind turbines scheduled to be commissioned in the first quarter of 2024.

The developers state that the project will localize the jacket foundation, pin piles, onshore substation, transport and installation contracts, and more than 15 wind turbine components.

TECO also said it would develop an indigenous supply chain for the engineering projects as part of its localization goal.

Read more:

Onshore Construction for Changfang & Xidao Offshore Wind Farms Kicks Off - Offshore WIND

New York Announces One of the World’s Largest Procurements for Offshore Wind and Onshore Renewable Energy Projects – JD Supra

On July 21, 2020, New York Governor Andrew Cuomo announced the largest combined clean energy solicitation ever issued in the United States, seeking up to 4 GW of renewable capacity. This capacity is broken up into 2500 MW of offshore wind and 1500 MW of onshore large-scale renewable energy projects.

Increasing Renewable Energy Investments in the United States

The United States remains one of the most attractive jurisdictions for renewable energy investments. It is the worlds biggest consumer of electricity and is now increasingly transitioning to renewable energy sources. It is a growing market with a stable regulatory environment and a transparent legal system and access to low cost of capital. The size and diversity of the United States also create numerous opportunities for various types of renewable energy projects.

The United States is ranked first in the EYs 2020 Renewable Energy Country Attractiveness Index. According to Bloomberg New Energy Finance, a total of $55.5 billion was spent in the US renewables sector in 2019 alone (setting new investment records), an increase of 28%, second only to China and beating Europe.

Offshore Wind Solicitation

This is New Yorks second offshore wind solicitation; last years solicitation resulted in awards for projects of nearly 1700 MW in total capacity. The solicitation this year requires offshore wind generators to partner with any of the 11 prequalified New York ports to stage, construct key components, manufacture and coordinate operations and maintenance activities. New York is seeking at least 1000 MW of offshore capacity and will be accepting bids of between 400 MW and 2500 MW. New York will be providing $400 million in private and public funding to upgrade the states port infrastructure.

The timeline for the latest round of solicitations includes an online conference for bidders on August 12, 2020, followed by a September 23, 2020, deadline for notices of intent to propose and an October 20, 2020, deadline for the submission of proposals.

See more about the Offshore Wind solicitation here.

Onshore Renewables Solicitation

Governor Cuomo also announced that the New York State Energy Research and Development Authority (NYSERDA) and the Power Authority of the State of New York (NYPA) will be running a coordinated solicitation to procure over 1500 MW of renewable energy. Projects selected in these solicitations will be fast-tracked to construction by seeking permitting through the new Office of Renewable Energy Siting.

NYSERDA SolicitationNYSERDA is seeking Tier 1 renewable energy projects with combined generation of 1.6 million MWh annually. Eligible projects must have entered operation after January 1, 2015, and must enter commercial operation by November 30, 2022 (or November 30, 2025 with extensions). NYSERDA will also allow proposers to leverage renewable energy credits (REC) via the Index REC contract structure for the first time.

NYSERDA will open the Step One Eligibility Application on August 5, 2020.

See more about the NYSERDA solicitation here.

NYPA SolicitationNYPA is seeking solar photovoltaic and wind projects (with an option to combine with energy storage) with combined generation of 2 million MWh annually. Eligible projects will be required to interconnect into New York state and have generation capacities of between 20 and 25 MW or 100 MW or larger. NYPA will be purchasing energy, capacity and RECs from the selected projects, which are expected to come online between 2021 and 2024. Winning bidders are expected to be notified in late 2020.

See more about the NYPA solicitation here.

[View source.]

Read the original here:

New York Announces One of the World's Largest Procurements for Offshore Wind and Onshore Renewable Energy Projects - JD Supra

US Offshore Wind Keeps Spinning in July Legislative Update – Lexology

While offshore wind has been on the radar for many years in the United States, there has been a palpable surge in the momentum behind the industry over the past several months. For example, earlier this week, New York Governor Andrew Cuomo announced a massive renewable energy solicitation that included a record breaking 2,500 MW offshore wind procurement. In conjunction with the solicitation, the state will require offshore wind generators to partner with one of 11 prequalified New York ports to stage, construct, manufacture key components, or coordinate operations and maintenance activities. Funding for port investments will include $400 million in both public and private funding.

Despite the surge in new activity, questions regarding one of our countrys oldest laws still loom over the industrys development. The Jones Act celebrated its 100th birthday last month (and original requirements for use of U.S. flagged vessels for transportation between U.S points date back to legislation introduced in the first Congress). The Jones Act prohibits the transportation of merchandise between U.S. points on a vessel that isnt U.S. flagged and coastwise qualified (i.e., owned, operated, and controlled by U.S. citizens). Of particular significance to offshore wind, regulatory and legislative activity at the end of last year and the early part of this year called into question the extent to which foreign flagged heavy lift vessels will be authorized to conduct installation operations in U.S. waters. This issue is critical to the industry because there are currently no U.S. flagged heavy lift vessels capable of performing certain aspects of offshore wind projects. This fact, in addition to the long lead time required to secure the use of these vessels, means that any uncertainty regarding whether use of a U.S. coastwise qualified vessel is or will be required in the future has the potential to present significant complications for project owners.

On February 17, 2020, a previously issued decision of Customs and Border Protection (the agency responsible for interpreting and administering Jones Act requirements) to broaden the scope of activities that a foreign flagged vessel could undertake as part of lifting operations went into effect. Specifically, CBPs decision revoked prior CBP interpretative rulings that prohibited any movement of a foreign flagged vessel with merchandise aboard during a lifting operation. Instead, under its revised interpretation, CBP indicated that it will permit a foreign flagged vessel to engage in lifting operations that include certain lateral movements when the movement is necessary for the safety of surface and subsea infrastructure and/or the vessels and mariners involved. CBP clarified that this interpretation applies to all lifting operations (i.e., not just heavy lift).

Concurrent to that action by CBP, legislative efforts to define the scope of permissible foreign flagged vessel involvement in lifting operations were also underway. In July of last year, the House of Representatives passed the Coast Guard Authorization Act of 2019 (H.R. 3409). The House version of the bill included provisions that would have essentially overridden CBPs revised interpretation of lifting operations with respect to heavy lifts by instead prohibiting use of foreign heavy lift vessels unless there has been a finding by the U.S. Secretary of Transportation that there are no available qualified U.S.-flag vessels. A companion bill introduced in the Senate (S. 2297) did not contain these provisions. Neither version was ultimately enacted into law as negotiations on this language appeared to have stalled. Thus, the question of whether CBPs interpretation would be allowed to remain in place by Congress remains largely unsettled.

That changed, at least in part, last week when the House passed the Elijah Cummings Coast Guard Authorization Act of 2020 as part of the William M. (Mac) Thornberry National Defense Authorization Act for FY2021. The 2020 version of the Houses Coast Guard Authorization Act did not contain the heavy lift waiver language. The bill now heads to the Senate to be reconciled in conference with the Senate version of the NDAA. Given that the Senate did not adopt the heavy lift waiver language last year, it would seem that CBPs more permissive reading of the Jones Act will continue to apply. Obviously, all eyes in the industry will be watching this legislations progress closely.

Read this article:

US Offshore Wind Keeps Spinning in July Legislative Update - Lexology

Another strong offshore quake hits south of the Alaska Peninsula – Straight.com

One week after a major quake shook southern Alaska and prompted a tsunami alert, anotherstrong quake has struck the region.

Like the 7.8-magnitude quake that hit on July 21, this one also took place offshore south of the Alaska Peninsula.

This one struck at 12:03 a.m. Anchorage time (1:03 a.m. Vancouver time) today (July 28).

The U.S. Geological Survey measured it as a 6.1-magnitude quake.

Much deeper than the July 21 temblor, the epicentre of this was positioned at a depth of 41 kilometres (25 miles) and located 67 kilometres (41 miles) southwest of Sand Point, Alaska, and 968 kilometres (600 miles) southwest of Anchorage.

The U.S. Tsunami Warning Centre stated that a tsunami is not expected from this quake.

Emergency Info B.C. stated that there isnt a tsunami threat to B.C.

According to the Alaska Earthquake Centre, this is an aftershock from the July 21 quake.

Numerous small quakes have been occurring in the area, including a 5.5-magnitude quake at 11:34 a.m. Anchorage time (12:34 p.m. Vancouver time) on July 27, at a depth of 44 kilometres (27 miles).

The July 21 earthquake triggered a tsunami warning to be issued, as residents were evacuated along the southern Alaskan coastline. However, it was later called off.

The next day, a 5.1-magnitude offshore quake struck west of Vancouver Island, according to Earthquakes Canada (the U.S. Geological Survey measured it as 5.4-magnitude).

Read the rest here:

Another strong offshore quake hits south of the Alaska Peninsula - Straight.com