Wednesday, September 18, 2024
Gastech Days I & II: Energy transformation through innovation
Tuesday, September 17, 2024
Gastech 2024 sessions to be hosted by yours truly
The Oilholic is delighted to be back in Houston, Texas, US for Gastech 2024, one of the world's largest energy industry fixtures, being held here from September 17 to 20. Yours truly will be holding three panel sessions and two fireside chats at the event with Hardeep Singh Puri, India's Honorable Minister of Petroleum and Natural Gas, and Chris Ashton, Chief Executive Officer of Worley.
The three panels will include distinguished industry thought leaders. Please do join if you can for some fantastic and insightful industry dialogues. Here are the details of the sessions:
Tuesday, September 17, 2024 @ 12:45 pm CDT
IEW2025: Energy transformation through innovation and investment
With His Excellency Hardeep Singh Puri, Honorable Minister of Petroleum and Natural Gas, India
(Click image to enlarge for details)Tuesday, September 10, 2024
$80 is looking like Brent's price ceiling not the floor
The current market sentiment has sent Wall Street banks scrambling to lower their oil price forecasts and market observers to tone down their demand growth forecasts for both this year and the next. This blogger has long been suggesting that 2024 will end in an oversupply of light sweet crude. But as it appears, the whole market might well be in surplus regardless.
Away from pricing, here's yours truly latest missive for Energy Connects on M&A activity in the sector which appears to be pretty buoyant. Looks like the low price climate has seemingly narrowed the buyer-seller disconnect.
More musings to follow soon. Keep reading, keep it here, keep it 'crude'!
Tuesday, September 03, 2024
Up close to world's 'strongest land-based crane'
It can routinely lift components of up to 3,000 tons - roughly the weight of six Airbus A380 super-jumbo aircraft - to a height of 220 m. It utilizes 4,200 tons of ballast to lift with a maximum ground bearing pressure of 30 tons /sq m.
Naturally for a crane of such a record-breaking capacity, it has to be ginormous and it is. Yours truly saw the gleaming red structure from nearly a mile away on approach to the Mammoet pilot site. We're looking at a main mast of 127-171 m, a jib length - or the distance between the crane axis and the jib - of 29-95 m and a ballast to mast foot length of 59.2 m.
That is a world where there is constant pressure on project sponsors and engineering, procurement and construction (EPC) firms to complete projects safely, on time and on budget or if you wish - with more efficiency, more productivity and through safer operations.
Nuclear, renewable and traditional energy project segments would all welcome Mammoet's latest offering. The company has lined up its first client for the SK6000 "in Asia" with a deployment scheduled at some point in 2025.
In a nutshell, Mammoet believes the SK6000 would enhance the serviceability for refining and offshore new-build and / or maintenance projects in the following ways:
- Its facilitation of modular construction will allow energy facilities to be built simultaneously, in controlled environments that are safer and high-quality.
- It would assist with building in larger components, which shortens the build phase and reduces on-site installation activities.
- The more (and the bigger bits) that can be built off-site, the fewer the connections needed to be made on-site with less testing and fewer working hours.
- And, a combination of the above reduces the time to first energy, and/or reduces the downtime needed to maintain facilities.
All-in-all a very interesting development for the energy EPC segment to watch out for as Mammoet's latest record breaker undergoes final safety and stress testing ahead of its first outing. With those final thoughts, it's time take your leave. More musings to follow soon. Keep reading, keep it here, keep it 'crude'!
Wednesday, August 21, 2024
Speaking and moderating at Gastech 2024
Delighted to
announce that yours truly will be moderating and speaking at Gastech 2024 in
Houston, Texas, US, from September 17 to 20.
And more on the Oilholic's panels and sessions here.
Looking forward to the deliberations, meeting thought leaders and friends. Join, if you can, for some fantastic industry exchanges and networking in H-Town.
Keep reading, keep it here, keep it 'crude'!