Neptune Energy to digitize offshore platforms with digital twin technology 

Neptune Energy announced an agreement to create new “digital twins” of two offshore platforms in the Dutch North Sea, expanding its portfolio of digitized assets to 14. The digital twins enable engineers to carry out traditional offshore work from an onshore location, accelerating work schedules and reducing costs.Leading UK-based 3D technology specialist, Eserv, will digitize the Neptune-operated D15-A and K12-C platforms, having previously created digital versions of 12 platforms in the Dutch and UK sectors.Instead of flying to the offshore platforms to perform routine inspection and planning activities, Neptune teams can visit the assets virtually. Thousands of hours of work have been completed from office-based locations in this way since the twins were introduced.Digitizing operational assets to improve safety and productivity and to reduce environmental impacts supports Neptune Energy’s aims to enhance asset integrity and to provide employees with technologies that support collaboration with colleagues globally. 

Otbrasil, Rio de Janeiro, Brazil, 2023 

Exhibition time: October 24~October 26, 2023Exhibition industry: oil and gasSponsored by: Brazilian Petroleum Industry Association, Ministry of Energy of BrazilAddress: Rio de Janeiro International Convention and Exhibition Center, Brazil 

Acwa Power Egypt vying to win contract for setting up solar power generator in Aswan 

Acwa Power Egypt, a leading solar energy company, is vying to win contract for building a mega solar generator with 200 megawatt capacity in Aswan's Kom Embo.    Acwa Power Egypt submitted a competitive bid with a price of 2.752 cent per hour, the lowest as compared with rivals.       "The company has ambitious plan for participating in mega solar generations projects nationwide in line with Ministry of Electricity's strategy for boosting renewable energy production to 20% of total power output produced by 2020," said the regional manager of APE.     Kom Ambo project is included among Ministry of Electricity's five-year plan 2012-2017 eliciting the private sector participation in implementing 67% of projects for the generation of 3500 megawatt.        "The privately-owned companies help the state secure financing, building and operating power generators in addition to selling electricity and conducting maintenance projects, saving up large financial burdens and appropriations used in setting up new power generators," said he.     Bidders including El-Sewedi-EDF Cosortium, Marubeni, Actis-Enerpol Consortium, Scatec, Orascom-Engie Consortium and FRV have proposed the prices of 3.15 cents, 3.517 cents per Kilowatt, 5.045 cents, 3.4034 cents and 2.791 cent.   

China-LAC Industrial Cooperation Investment Fund 

[Brief Introduction]China has established a fund of 10 billion U.S. dollars to support the country's industrial cooperation with Latin America, the central bank announced in August,2015.The CDB and China's foreign reserves raised 10 billion U.S. dollars to set up the Sino-Latin American Production Capacity Cooperation Investment Fund Co. Ltd.