September 2019

News  10 OFFSHORE ENGINEERING EQUIPMENT offshoreequipment.co.uk September 2019 The announcement by the Scottish Government that £4 million of support will be made available through the Decommissioning Challenge Fund has been welcomed by OGUK. The fund provides support for projects that enhance the decommissioning market and supply chain across Scotland. Commenting, Mike Tholen, upstream policy director OGUK, said: “The Decommissioning Challenge Fund underlines the Scottish Government’s ongoing commitment to the oil and gas industry as we look to harness decommissioning opportunities at home and indeed, globally. “Although decommissioning only accounts for eight percent of total spend in the North Sea, it is a growing market in which the UK has first mover advantage. This will not only provide the supply chain with a steady workflow in the UK, but these competitive capabilities are exportable to a global market. “At the same time, we remain focused on providing security of energy supply through home-produced resources, providing energy sovereignty as recognised recently by the Committee on Climate Change in its Net Zero Report. All of this will ensure that we continue to provide highly skilled jobs, remain a major economic contributor and are best placed to become a key partner in the transition towards a low carbon future.” OGUK responds to the launch of the fourth round of Decommissioning Challenge Fund A new finance deal that will allow offshore and marine asset owners to reduce their fuel consumption, costs and emissions has been launched.  Blueday Technology, which designs and installs integrated energy systems for energy, marine and maritime customers, has teamed up with sustainable energy infrastructure fund manager SUSI Partners to offer a new financing structure for asset owners.  Fifty million euro is now available for Blueday Technology clients to install integrated energy systems. The scheme removes the biggest obstacle standing in the way of asset owners installing hybrid energy systems: the need for a significant, upfront capital investment. Asset owners and operators in the oil and gas, drilling rig, maritime, aquaculture and shore power sectors could all benefit from the new deal.  Hans-Petter Heggebø, CEO of Blueday Technology, said: “The offshore and marine industries are facing financial pressures at a time when their emissions and carbon footprints are coming under scrutiny.  “This is a fantastic opportunity for owners and operators to reduce operating expenditure and emissions while future- proofing their assets.  “Blueday Technology is at the forefront of hybrid technology. Our SMART hybrid solutions keep assets running at peak efficiency and customers report a return on investment within two years.  “We know that cash pressure is one of the main barriers to installing our systems and future-proofing assets – we’ve now solved that problem for owners and operators through our agreement with SUSI Partners.” Under the new arrangement, asset owners and operators who want to install hybrid energy systems will face no upfront costs; instead, they will pay a monthly fee.  www.blueday.no Offshore and marine owners offered new deal to go green