May 1, 2018

Total and Siemens in talks with Cuba for 600MW LNG deal

Latin America
Sophie Chapman
2 min
The French oil and gas company, Total, and the German manufacturer, Siemens, are discussing a potential liquefied natural g...

The French oil and gas company, Total, and the German manufacturer, Siemens, are discussing a potential liquefied natural gas (LNG) plant with Cuba.

The two firms are leading a consortium that has been negotiating the terms of the proposal since last year when they won the tender for the project.

Total and Siemens anticipate that an agreement will be met soon for a 600MW gas-fired power plant, to be located 124km east of Havana.

The Matanzas Bay project will see Total internationally source LNG to be stored, processed, and supplied to the plant that is to be built by Siemens.

SEE ALSO:

“Total, with some international partners, is looking at a LNG power project in Cuba, one of several countries where Total is exploring similar LNG potentials,” the French firm informed Reuters.

Neither company can be sure of a deal due to sanctions imposed by the US and the nation’s bureaucracy.

The deal would be another example of companies from the European Union (EU) aiming to utilise foreign investment policy in Cuba.

“The EU has become Cuba’s first trade partner and was already the first in investment and development cooperation,” commented Federica Mogherini, top diplomat at the EU, in January.

Share article

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."

 

Share article