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ENERGY RESOURCES

Pelosi: Case Needed for Offshore Drilling

House Speaker Nancy Pelosi said that expanded oil drilling in federal waters could be included in a broader energy bill if advocates can prove its effectiveness as a solution to 's energy problems. In a television interview yesterday, Pelosi said the oil industry and its allies in Congress also would have to agree to pay royalties on oil profits to fund the development of renewable energy resources. The California Democrat, has previously expressed outright opposition to expanded offshore drilling. Yesterday she said offshore drilling should be discussed but she does not believe it is a workable solution in the short run. Source:  AP


Bulk Ship Accesses Japan Earthquake-Damaged Port

Haramachimaru: Photo credit NYK

NYK bulk coal carrier resumes direct shipments to earthquake-damaged port of Haramach. The 90,000 dwt NYK-operated bulk carrier “Haramachimaru” filled with coal has arrived at a dedicated port for a thermal power station operated by Tohoku Electric Power Co. Inc. This was the first arrival of a coal carrier at the berth since the Great East Japan Earthquake last year. The berth is located in the town of Haramachi


Gulf of Mexico Oil &Gas Lease Sale Announced

Department of the Interior Secretary Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that BOEM will hold the first oil and natural gas lease sale in the Gulf of Mexico since the Deepwater Horizon explosion and oil spill. This announcement is consistent with steps President Obama announced in May, 2011 to expand domestic oil and gas production safely and responsibly. This sale follows BOEM’s completion of a supplemental environmental impact


Australian Wind & Wave Energy Platform a World First

Wood Group Kenny wins a 3-year Marine Power Technologies Pty Ltd (MPT ) contract for  development of the Energy Island concept The triangular shaped Energy Island will comprise six oscillating water column (OWC) wave energy devices and an offshore wind turbine assembly and will be capable of generating up to 10 megawatts of power. It is envisaged that six or more Energy Islands may be linked together to create an Energy Farm, which is estimated could supply power to 16


ABB's HVDC Key to Offshore Wind Energy Integration

Photo credit ABB

HVDC is a key enabler for the efficient and reliable integration of offshore wind energy, explains HVDC busness manager. Offshore wind power generation is one of the world’s most promising renewable energy sources, and is set to play an increasingly significant role in our economic growth, energy security and environmental protection.  Strong, steady winds at sea where there are no obstructions mean wind turbines can generate substantially more energy offshore than onshore.


Japan's Minister Says Energy Policy Without Nuclear Difficult

Newly appointed trade and industry minister Yuko Obuchi is interviewed by media outlets on Thursday at METI’s offices in Tokyo

  Japan would find it difficult to formulate an energy policy without nuclear power given its lack of energy resources and the high cost of utilities for companies and households, the country's new trade minister said on Sunday. Yuko Obuchi, the daughter of a former Prime Minister Keizo Obuchi, was appointed minister of economy, trade and industry (METI) earlier this month. It is expected that she will help prepare public opinion for the resumption of operations at nuclear power


Jumbo Offshore Wins Offshore Wind Contract

jumbo.jpg

MT Højgaard has awarded Jumbo Offshore the transport and installation contract for all of the 111 Transition Pieces (TP’s) for the Anholt Offshore Wind Farm (Denmark). The 400 MW wind farm is currently being developed by DONG Energy. The Anholt Wind Farm is located in the ‘Kattegat’, near Anholt Island, and will be the largest offshore wind farm in Denmark. One of Jumbo’s DP2 Offshore Heavy Lift Vessels will install the TP’s on pre-installed monopiles


Ignore the Bluster – Wind Farm Power is Effective

A UK Institute for Public Policy Research (IPPR) research paper dismisses illusions about wind power as an energy resource. Much opposition to wind power appears to be based on the belief that it is an ineffective technology, inefficient or unreliable. This claim is untrue and it is important to get ‘beyond the bluster’ in assessing the effectiveness of wind power. The report addresses two commonly held misconceptions around two important, often misunderstood, questions:


Shell Announce Pause in Alaska Drilling Program

Royal Dutch Shell plc will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas. Shell inform that the time out this season will be used to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska, but this is a long-term program that we are pursuing in a safe and measured way,” said Shell Oil Company President, Marvin Odum


House LNG Export Bill Advances

The Subcommittee on Energy and Power today approved H.R. 6, the Domestic Prosperity and Global Freedom Act, by a vote of 15 to 11. Authored by Rep. Cory Gardner (R-Colo.), the legislation would cut through the red tape blocking exports of U.S. liquefied natural gas (LNG). H.R. 6 grants immediate approval of complete export applications currently filed with the Department of Energy and modifies the process moving forward to ensure exports to our allies are no longer subject to unnecessary delays


Oil Drillers Group to Fight U.S. Export Ban

More than a dozen U.S. oil producers have joined to lobby the federal government to reverse the 40-year-old ban on U.S. crude exports, a move that supporters hope would create jobs and boost national security, a spokesman for one of the companies and a lobbyist for another one said on Friday.


Chevron - First Gas from Bangladesh Bibiyana Project

  Chevron Corporation today announced that its Bangladesh subsidiary has commenced natural gas production from the Bibiyana Expansion Project in the northeastern part of the country. The project included an expansion of the existing gas plant to process increased natural gas volumes from


Sea Trucks Bags Another Installation Contract

Photo courtesy of Sea Trucks Group

C has been awarded a second installation contract for a development in Nigeria to West African Ventures, Sea Trucks’ principle Nigerian business. The newest contract is further to Sea Trucks’ announcement made last week whichdeclared a contract from Afren for subsea installation of


Energy’s Promising Future Threatened

Unrealistic Fears and Overstated Risks obscure the benefits of new seismic data. The United States stands poised on the edge of a bright energy future. After decades of decreasing domestic energy production and increasing reliance on foreign sources of oil and natural gas


BOEM to Gather Data on Potential Oil & Gas Areas

  As part of its commitment to a regionally tailored approach to safe and responsible domestic energy production, the Bureau of Ocean Energy Management (BOEM) today issued a Call for Information and Nominations for potential Oil and Gas Lease Sale 242


India's Modi Offers Nepal $1 billion Loan in Regional Diplomacy Push

Indian Prime Minister Narendra Modi

  Indian Prime Minister Narendra Modi offered Nepal $1 billion in concessional loans to help build power plants and roads during a visit on Sunday aimed at shoring up support in a region where China is making inroads.


BOEM & S. Carolina Agree to Evaluate Sand Resources

  As a part of President Obama’s continuing commitment to help coastal communities recover from Hurricane Sandy and promote resilient coastal systems, the Bureau of Ocean Energy Management (BOEM) and the South Carolina Department of Natural Resources signed a two-year cooperative


GoM Sale Yields $110m in High Bids

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, today’s Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S


High Bids in Western GofM Lease Sale

Offshore rig fronting GoM map: File image

U.S. Government agency BOEM informs that Western Gulf of Mexico Lease Sale 238 attracted US$109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S. Outer Continental Shelf offshore Texas. A total of 14 offshore energy companies submitted 93 bids.


Scotland Site for World's Biggest Tidal Array

Experimental tidal array: Photo CCL 3

The world’s biggest tidal array is to be built in North Scotland bringing jobs and energy security to the Pentland Firth region, informs a UK Government news release. The Government has provided £10 million worth of grant funding to the Meygen project


SBI Offshore Negotiating Contract for Rig Builds

SBI Offshore Limited has announced that the Middle East-Chinese consortium, which recently awarded its subsidiary a contract to provide design and engineering services for a jack-up drilling rig, has commenced discussions with the SGX Catalist-listed company to build up to five units of the rig


IGCC System for Tokyo Electric Power

Artists View of IGCC Plant

  A consortium led by Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order from Tokyo Electric Power Company, Incorporated (TEPCO) for design work for a large-scale integrated coal gasification combined-cycle (IGCC) system to be adopted for a project to create the world's most


Kenya Yet to Decide oil Refinery's Fate

Only Refinery

  Kenya is yet to decide whether to turn east Africa's only oil refinery into an oil storage facility or pay for its upgrade after buying the remaining 50 percent stake from India's Essar Energy, the energy minister said on Friday. Fuel distributors have long complained about the poor


BOEM Proposes O&G Lease Sale in Gulf of Mexico

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank today announced that the bureau will offer 40 million acres offshore Louisiana


Can Oil & Gas Superpower Lead on Climate Change?

Reuters Global Climate Change Summit

  A day before President Barack Obama addressed the United Nations to declare the nation is "stepping up to the plate" to tackle climate change, nearly 400,000 protesters jammed New York City streets in a climate change march. Many held signs calling for an end to fracking.






 
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