Smit Lamnaico Wins Marine Services Contract

Press Release
Tuesday, June 26, 2012

Boskalis subsidiary Smit Lamnaico wins Esso Highland contract to provide marine services at Papua New Guinea's new LNG terminal

Royal Boskalis Westminster N.V. (Boskalis) announces that its associated company Smit Lamnalco has been awarded a 10-year contract with additional extension options by Esso Highland (a subsidiary of ExxonMobil) for providing terminal services at the Papua New Guinea liquefied natural gas (PNG LNG) export terminal near Port Moresby. The total contract value is USD 120 million (Boskalis share USD 60 million) and services will commence mid-2014.

The PNG LNG export terminal is part of a larger integrated LNG production, processing and liquefaction project which started following the discovery of three major gas field in Papua New Guinea. Both the offshore and onshore infrastructure is currently under construction and expected to be operational in 2014.

Smit Lamnalco will provide towage and marine support services for LNG vessels at the terminal for which it will invest in 4 new 65 ton bollard pull tugboats.

Boskalis say that the signing of this contract reflects the strength of Smit Lamnalco as a leading provider of terminal services and its success in offering high quality services at competitive terms. With the development of numerous large scale commodity export facilities in Australasia, Smit Lamnalco intends to further expand its global offering of terminal services.


 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

Transas Simulators Boosts Western Shipping Training Center

Transas Marine Pacific has successfully completed the upgrade of a simulator complex for Western Shipping Pte. Ltd. training center. The simulator class was

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1076 sec (9 req/sec)