Energy

International energy consultancy Xodus Group has launched new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand.

From a starting point of approximately 1.2 billion cubic feet per day (bcfd) of export capacity in 2016, the US will become the third most important liquid natural gas (LNG) exporting country with a total capacity of 8.9bcfd by the end of 2020, according to leading data and analytics company GlobalData.

After a successful Site Acceptance Test at landmark test centre, Østerild, the new SG 11.0-193 DD Horizontal Single Blade Mounting tool is ready for market.

Basque Energy Agency, Ente Vasco de la Energía (EVE), said that Mutriku Wave Energy Plant has generated an accumulated figure of 2GWh. It is the first time it has been achieved by a wave power plant anywhere in the world, EVE said.

RWE Renewables and Saitec Offshore Technologies have joined forces to test new ways to affordably install and operate offshore wind farms in deep waters. In a joint pilot project called “DemoSATH”, the RWE subsidiary specialising in renewable energy and the Spanish engineering company Saitec Offshore Technologies will start testing a floating platform for wind turbines off the Basque Coast in 2021.

Specialist drilling waste management company, TWMA, has announced the appointment of Halle Aslaksen as its new CEO.

Brazil’s natural gas demand is set to climb to a record in 2020‒2021 at 39 billion cubic meters (bcm) per year, giving the country one of its biggest demand-supply deficits in history. After that, however, surging production could make the country a net gas exporter from as early as 2025, a Rystad Energy analysis showed.

Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published today – a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system.

Marine services company Malin Renewables continues to strengthen its experience in the renewables sector, having secured a £1m contract to supply a fifty-tonne wave energy converter.

Floating Wind Solutions Conference & Exhibition 2021 will showcase the many capabilities of the established Global Offshore Supply Chain and create a platform for bridging Supply and Demand while facilitating development of this industry.

The global offshore wind projects that are set to start-up this year will make 2020 the year with the highest ever use of steel jacket foundations for new developments, a trend led by the UK and that is here to stay, a recent analysis by energy knowledge house Rystad Energy showed.

DecomWorld – part of Reuters Events- has released a sample delegate list of 150 E&P attendees confirmed to attend their flagship decommissioning and abandonment summit.