Feb 19, 2018

China has become the second largest importer of LNG

China
Sophie Chapman
2 min
China to lead the LNG future
In 2017, China became the second largest import of liquefied natural gas (LNG), surpassing South Korea, but falling behind Japan.

In 2017, China became the second largest import of liquefied natural gas (LNG), surpassing South Korea, but falling behind Japan.

Last year, China imported 38.1mn tonnes of LNG, growing approximately 50% more than what the nation imported in 2016.

South Korea, imported 37.6mn tonnes of the natural gas, whilst Japan more than doubled the rate at 83.6mn tonnes.

However, China is forecast to outrun Japan, becoming the leading importer in the world, by 2030.

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The success was due to the massive push by the Chinese government to diversify its fuel, in a bid to reduce air pollution.

Between January and July last year, the country’s air pollution exacerbated, with 12 cities in the north of the nation noting a 11.3% rise in harmful particles in the air.

To battle this, the government has suggested that manufacturing plants in Beijing, Tianjin, Hebei, and Henan replace coal boilers for one powered by LNG.

Currently, 60% of China’s energy consumption is powered by coal, with natural gas only supplying to 6%.

The government aims to cut coal to supplying 49% or less to the nation’s total consumption, and more than doubling natural gas’ role to 15%.

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May 6, 2021

Global Offshore rebrands Enelift and invests in global hubs

Tubulars
rebrand
Globalhubs
Dominic Ellis
2 min
Enelift plans to augment existing solutions with robotics and remote operational and training technology

Global Offshore has rebranded Enelift and will invest "a seven-figure sum" in establishing new support hubs in Houston, Dubai, Singapore, Perth and the Caspian during the next six months.

The investment will cover oil, gas and renewables, mainly concentrating on manufacturing capability with associated R&D, as well as in stock held in the hubs.

The company’s flagship Hinge Lok technology provides aluminium, non-welded light weight transportation cradle for casing and tubing. Enelift now plans to enhance its offering by augmenting its existing solutions with robotics and remote operational and training technology, which will reduce manpower for handling offshore equipment that is transported and stored using the Hinge Lok system.

Enelift is partnering with "a Japanese robotics company" and the technology will be trialed with "a Norwegian operator on a Norwegian drilling rig", according to a statement.

Operating from its bases in Aberdeen, UK and Esbjerg, Enelift was founded by 35-year industry veteran and Managing Director Paul Brebner 10 years ago to offer the offshore energy industries safe, reliable and efficient storage and transportation of equipment.

The expansion plans are bolstered by the appointment of Jim Clark of the Craigendarroch Group to Chairman, and Adam Maitland to Non-Executive Director. Maitland is the Managing Director of Hutcheon Mearns IF, and brings his wealth of expertise in the field of corporate finance.

Brebner said Enelift may be a new name in the market, but the experience it brings is "industry renowned".

"Our solutions are underpinned by safety that enables inefficiencies and their associated costs to be eradicated – meaning operational personnel can focus doing what they do best, safely. We remain committed to providing the safest storage and transportation solutions for equipment in the sector as we grow our global operations," he said.

Clark said the market is changing and its solutions fully support customers’ economic and safety aspirations.

"We are very well placed to take full advantage of increasing opportunities in the Middle East, Africa, Far East and Americas. Safety is our absolute commitment to our customers and our support hubs will facilitate this. Aligning our identity to our entire offering ensures that we will drive our expansion through new products and global support sites across the rest of this year."

 

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