Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not my area of expertise, but given the quality of gas, the rise in price and need for speed is the following not an option.
Published May 17, 2021 1:32 AM by The Maritime Executive
Natural gas equipment and logistics company New Fortress Energy has purchased two Maersk Drilling jackup rigs, and it says that it plans to convert them into mobile LNG liquefaction plants.
In an all-cash $31 million deal, New Fortress bought the laid-up rigs Maersk Guardian and Maersk Gallant for refitting for its "Fast LNG" concept. This novel new approach to offshore gas field development takes a page from the floating LNG (FLNG) projects of the previous decade, but it uses a jack-up platform to carry the liquefaction equipment instead of a floating hull.
At just 1.4 million tonnes per annum (mtpa) in capacity, New Fortress' Fast LNG platforms will be smaller than the FLNG facilities of the past - and potentially more agile. A permanently moored FSU will serve as an LNG storage facility alongside the jackup. The objective is to create an offshore liquefaction capability that can be deployed "anywhere there is abundant and stranded natural gas." In addition to the rigs, New Fortress has also acquired Golar LNG Partners and its fleet of 13 LNG carriers, which will provide the company's "logistics backbone."
“Our innovative Fast LNG liquefiers should allow us to produce LNG between an expected $3-4 MMBtu for our growing portfolio of terminals around the world,” said Wes Edens, New Fortress' CEO and chairman. "This technology can be installed quickly and cheaply to access stranded, low-cost natural gas at a fixed price to meet the global demand for more affordable, reliable and cleaner energy."
The repurposed rigs that will support this concept have been in service for well over 20 years. Guardian is an ultra-harsh environment jack-up delivered in 1986, and it has been warm-stacked in Denmark since last year. Maersk Gallant is an ultra-harsh environment jack-up delivered in 1993, and it has been cold-stacked in Scotland since 2017.
For Maersk, the sale is an opportunity to divest of unused equipment and to shrink the oversupplied global pool of offshore rigs at the same time. "We’re also pleased that the rigs will be re-purposed and deployed by New Fortress Energy for a project which focuses on providing low-carbon affordable energy,” said CEO Jørn Madsen of Maersk Drilling.
OJ\1253092EN.docx PE729.167v01-00
EN United in diversity EN
European Parliament Kingdom of Morocco
Parliament
Joint Parliamentary Committee EU-Morocco
DMAG_OJ(2022)0512_1
DRAFT AGENDA
11th meeting of the Joint Parliamentary Committee
European Union-Morocco
Thursday 12 May 2022, 14.30-16.30 & 17.00-19.00
Brussels
Room SPAAK 5B1
14.30 – 16.30: First session
- Opening speech by Mr Andrea Cozzolino, Co-Chair (European component) of the Joint
Parliamentary Committee EU-Morocco
- Intervention by Mr Lahcen Haddad, Co-Chair (Moroccan component) of the Joint
Parliamentary Committee EU-Morocco
- Exchange of views on item 1: The European Neighbourhood Policy – New agenda for the
Mediterranean
- Exchange of views on item 2: The invasion of Ukraine by the Russian Federation - the
efforts of the European Union and the Kingdom of Morocco to appease this crisis;
consequences on EU-Morocco relations
- Exchange of views on item 3: The geopolitical situation in North Africa – energy
complementarity, peace and stability in the region
PE?##?v?##? 2/2 ?##?
EN
- Exchange of views on item 4: The Euro-Moroccan partnership for shared prosperity -
introduction
***
17.00-19.00: Second session
- Exchange of views on item 5: Human rights, women’s rights, youth and other societal
aspects (including migration)
- Exchange of views on item 6: Cooperation in the field of environment and fight against
climate change – renewable energies, hydrogen, the new European taxonomy
- Exchange of views on item 7: Political concertation and strengthened cooperation in the
field of security
- Discussion and adoption of the joint declaration
- Any other business
- Date and place of the next meeting of the Joint Parliamentary Committee EU-Morocco
CEObob,
Been a few years since I looked into LIFTERS to be honest. Your article was great and shows what happens when serious investment and effort is put into developing ideas. China have pushed this hard.
Next ten years is very interesting.
https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://www.world-nuclear-news.org/Articles/Indian-test-reactor-reaches-operation-landmark%23:~:text%3DIndia%27s%2520fast%2520breeder%2520test%2520reactor,been%2520limited%2520to%252032%2520MWt.&ved=2ahUKEwjG97nt9Lv3AhVDilwKHWL6DcwQFnoECBQQBQ&usg=AOvVaw2mjv72voXjhcPjEgKFMLF8
Thorium nuclear energy is not the magic bullet it was thought to be. Thorium lacks sufficient radioactive particles to work so is bombarded with uranium 233 which produces very hazardous alpha and beta waste, worse than uranium 235 normally used. Uk and India worked on this and only one converted PWR reactor is the result. Several others chasing it still but its not commercial yet and with investment in green energy growing its unlikely to be competitive. IMHO.
I remember the uk coal industry being undermined (no pun) by foreign imports. Likely much cheaper still than re opening ours. Agree globally coal is not done yet UK is ahead of most in reducing its use.