Centrica News

Greek shipowner GasLog has taken delivery of a newbuild liquefied natural gas (LNG) carrier from Korean shipbuilder Samsung Heavy Industries. The 180,000-cubic-meter-capacity GasLog Wales will operate on a 12-year time charter agreement with the principal LNG shipping entity of Japan’s JERA, GasLog said in its latest quarterly report.The handover follows the April 1 delivery of Samsung-built sister ship GasLog Windsor, now on a seven-year charter with a wholly owned subsidiary…

The Norwegian Petroleum Directorate (NPD) has announced the appointment of Ingrid Solvberg as Director for the Norwegian Sea and Barents Sea, replacing Bente Nyland.According to a note from NPD, Sølvberg was appointed by the King in Council on 11 October. The Ministry of Petroleum and Energy has not yet set the date for the transition.The director general position in the NPD is posted as a fixed term engagement of six years, with the option of an additional six-year period. Bente Nyland’s second term period will expire at the end of the year.She congratulates Ingrid Sølvberg on her new job saying: “This is one of the most exciting jobs in the petroleum activities. I’ve looked forward to going to work every single day.

British multinational energy and services company Centrica has loaded its first liquefied natural gas (LNG) cargo from the fifth LNG train at the Sabine Pass liquefaction plant in Louisiana under the agreement signed in 2013 with Cheniere Energy Partners, L.P.The gas was loaded onto the GasLog Ltd chartered Skagen vessel over the weekend and will be transiting the Atlantic to land in Europe in early October.Commenting on the first cargo, Jonathan Westby, Co-Managing Director of Centrica Energy Marketing & Trading and Global Head of LNG, said:  “This cargo represents a significant milestone in Centrica’s involvement with LNG, which goes…

Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets.Fluor booked the undisclosed contract value in the second quarter of 2019, said a release.“Stork is extremely pleased to deepen our long-term relationship with Centrica in the UK by providing services to extend the life and efficiency of its assets in the northeast of England,” said Taco de Haan, Stork’s president.“Stork’s multidisciplined team will provide a single…

Anadarko said on Thursday it would seek long-term charters for around 16 liquefied natural gas (LNG) tankers it would need to ship gas from a proposed project in Mozambique.The independent U.S. energy producer aims to take a final investment decision on the $20 billion project in the coming months, having signed up long-term buyers for its LNG.Anadarko said all the contracts signed so far, for over 9.5 million tonnes a year (mtpa) out of a capacity of 12.88 mtpa, were on a delivered ex-ship (DES) basis.The company could have sold the LNG on a free on board (FOB) basis, as do many U.S.

Texas-based Cheniere Energy Partners said that that Substantial Completion of Train 5 of the Sabine Pass liquefaction project in Cameron Parish, Louisiana (the "SPL Project") was achieved on March 7, 2019."Commissioning has been completed and Cheniere Partners’ EPC partner Bechtel Oil, Gas and Chemicals has turned over care, custody, and control of Train 5 to Cheniere Partners," it said.Under sale and purchase agreements (SPAs) with Centrica plc and Total Gas & Power North America, Inc., the date of first commercial delivery is expected to occur in August 2019, upon which the term of each of these SPAs commences.Cheniere Partners and…

Polish state-controlled oil and gas company Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) is set to receive a spot cargo of U.S. liquefied natural gas (LNG).The Warsaw-headquartered oil and gas company said in a statement that it will receive a delivery of liquefied gas shipped to Świnoujście by Centrica LNG Company Limited. It will be the third spot delivery arriving at the President Lech Kaczyński Terminal this year.The Hoegh Gallant vessel will arrive in Poland carrying on board approximately 65 thousand tonnes of LNG, which, after regasification, will yield almost 90 mcm of gas. The LNG comes from the U.S. and will be supplied…

The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs, which some see as a risky way to obtain crude.It expects first oil from its Greater Lancaster Area (GLA) project, west of Scotland's Shetland Islands, in the first half of 2019.

A new test project in Norway looks to employ specialty software for the optimization of floating production storage and offloading (FPSO) maintenance.Lloyd's Register (LR) said it is using its RTAMO software to support AkerBP in an effort aiming to optimize maintenance activities for the Skarv FPSO infrastructure and equipment.RTAMO, which stands for Real-Time Adaptive Maintenance Optimization, is a standalone cloud-based software-enabled service that uses predictive algorithms linking planned maintenance to economic and reliability outcomes.

Norway has awarded 12 oil and gas exploration licences to Equinor and 10 other companies focused mostly on the Arctic, where Oslo believes it has the greatest potential for significant new discoveries.Nine of the licences are located in the Barents Sea and three in the Norwegian Sea off central Norway, the Ministry of Oil and Energy said on Monday."This licensing round confirms that the oil companies see opportunities for further profitable petroleum activity in the north," Oil and Energy Minister Terje Soeviknes said in a statement.Equinor…

Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries. A 180,000 cubic meter LNG carrier (HN 2262) with low pressure two stroke (“LP-2S”) propulsion has been ordered from Samsung Heavy Industries in South Korea, with expected delivery in the third quarter of 2020. The rate of hire for the Charter is broadly in line with mid-cycle rates. Further, GasLog and Centrica have separately agreed optionality in relation to the actual vessel to be delivered into the Charter. This optionality allows…

The volume of gas flowing into the facility dropped from about 3.2 billion cubic feet per day on Wednesday to 2.8 bcfd on Thursday and a projected 1.5 bcfd on Friday, Reuters data showed. One bcfd is enough gas to fuel about five million U.S. homes. The plant had been operating near full capacity with about 3.2 bcfd of gas flowing in since mid-January when freezing water during a brutal cold snap forced the company to briefly reduce operations. Officials at Cheniere would not comment on the latest reduction. Earlier this week, the company said its operations were not affected following an order on Feb. 8 from federal regulators to shut two cracked storage tanks that leaked the super-cold fuel.

State-run Qatargas on Wednesday agreed a sale and purchase deal with Austrian oil and gas group OMV to deliver up to 1.1 million tonnes of liquefied natural gas annually for five years. From January 2019, the gas will be provided by Qatar Liquefied Gas Co, a venture between Qatar Petroleum and Shell . It will be delivered to the Gate LNG Terminal in the Netherlands on board Qatargas’ chartered LNG vessels. Facing threats to its market share in Europe from a wave of new U.S. supply and in Asia from new Australian plants, Qatar has sealed similar deals with Uniper, RWE Supply and Trading, Centrica and Petronas UK to secure access to northwest European import terminals.

UK-based ship management company V.Group announced the appointment of Ian El-Mokadem as Chief Executive Officer and Martin Gaard Christiansen as Chief Commercial Officer. Both will assume their positions in the autumn. Ian joins from Exova, the global provider of technically demanding testing, calibration and related advisory services, where he served as Chief Executive for the last six years. Ian was responsible for professionalising and growing the business, which operates in 33 countries, has a network of 4,200 experts across 138 laboratories, and is trusted by customers in industries such as aerospace, defence, and oil and gas to test and advise on safety, quality and performance of their products.

Sparrows Group has been awarded a three-and-a-half-year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels. The contract scope includes carrying out LOLER lifting gear surveys, potential dropped objects surveys, cargo carrying unit (CCU) and non-destructive testing (NDT) inspections as well as rig specific maintenance. As well as an extension to the contract, the scope has also been expanded to cover Stena’s entire fleet of seven vessels, including the Stena Don in Norway.

Subsea 7 S.A. today announced the award of a sizeable(1) contract by Centrica for the Oda field in the Norwegian North Sea. The Oda oil field (previously called Butch) was discovered in 2011 in the southern part of the Norwegian North Sea, approximately 14 kilometres east of the Ula field. The contract scope comprises Subsea 7's expertise and capabilities in engineering, procurement, construction, installation and commissioning (EPCIC) of subsea umbilicals, risers and flowlines (SURF) including the production pipeline, water injection line, umbilical and related subsea services. Project management and engineering will commence immediately from Subsea 7's office in Stavanger, Norway, with offshore operations scheduled to commence in 2018.

GasLog Ltd. today announces that it has signed a time charter party with Centrica plc. ("Centrica") to charter a vessel for a period of seven years. The vessel, a 180,000 cubic meter LNG carrier with XDF propulsion, has been ordered from Samsung Heavy Industries ("Samsung") in South Korea. Centrica will charter the vessel from GasLog for a period of seven years commencing in the second half of 2019. The daily charter rate is in line with GasLog's average long-term charter rate. GasLog Partners LP ("GasLog Partners", NYSE:GLOP) has the right to acquire the vessel pursuant to the omnibus agreement between GasLog and GasLog Partners. Securing a seven-year charter on this vessel extends GasLog Partners' dropdown pipeline of future vessels from thirteen to fourteen.

Customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation. A cross-industry project led by DNV GL to halt the boom in subsea documentation shows that implementing a standardized approach can significantly reduce engineering hours. The two-year collaboration led by DNV GL has concluded in a publicly available Recommended Practice which can reduce the amount of subsea documentation and enable documentation reuse in a typical subsea field development project. DNVGL-RP-O101 ‘Technical documentation for subsea projects’ details a required minimum set of documentation transferred between E&P companies, operators and contractors for the construction, procurement and operation of a field.

Subsea 7 will provide decommissioning services for the second phase of Centrica’s Rose and Stamford gas field decommissioning programs, located in the southern North Sea. The project is the latest call-off contract under a partnership frame agreement signed in 2005. Subsea 7 has partnership frame agreements with several independent operators, to provide services on a long-term preferred supplier basis. This collaborative approach is helping to drive down costs and promote early engagement on a wide range of projects. Having completed phase one in 2015, phase two will focus on the safe removal and recovery of a greater number of subsea pipeline components, and the responsible management of waste disposal.

Subsea 7 was awarded of a long-term agreement to provide support to Centrica throughout early phase Concept engineering, FEED, SURF project execution and Life of Field operations on an exclusive basis. The agreement is applicable to the Centrica portfolio on the Norwegian Continental Shelf and has a duration of five years plus options for extension. The objective is to provide Centrica with development solutions that minimize complexity, cost and risk in order to generate sanctionable business cases. The partnership approach supports delivery of projects safely, predictably and competitively so that sanctioned value is fully realized. Work has commenced immediately, with execution of a FEED study for the planned Butch Field Development from our office in Stavanger, Norway.

Loading of tankers suspended, unclear when it will resume. Oil spilled into the North Sea during the loading of a tanker at Norway's Statfjord field on Thursday, operator Statoil said. The leak occurred at 0630 GMT during the loading of oil to a tanker from the Statfjord A platform via a loading buoy, Statoil said. Production at the platform was proceeding as normal, but loading of tankers has been suspended and it is unclear when it will resume, it added. "We are currently focusing on determining the cause of the leak and how much oil leaked," a spokesman told Reuters. "The leak has been located ... The Norwegian oil safety regulator was unable to provide further details. The Statfjord A platform can store up to 1.3 million barrels of oil.

Developer of motion compensation solutions Ampelmann announced that its supervisory board has appointed Jim Craig as the company’s new chief executive officer, effective immediately.   Craig brings more than 25 years of energy industry experience to the role, having previously served as the managing director of Centrica Storage.   Ampelmann's inventor and founder, Jan van der Tempel, decided to step down from the position of CEO to dedicate more time to teaching and technology development. He will continue his involvement with the company as a member of its supervisory board.

Integrated energy company Centrica Energy and Bibby Offshore, an oil and gas industry subsea services provider, today hosted Tom Greatrex MP, the UK's Shadow Energy Minister, as part of an oil and gas industry fact-finding initiative. Greatrex, the MP for Rutherglen and Hamilton West, visited Centrica’s Aberdeen offices to gather information about the company’s new and existing developments on the UK Continental Shelf. Greatrex was given an update on the £1.5 billion Cygnus project…