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Crude Oil Offloading News

06 Mar 2024

MOL and Petrobras Sign Cargo Transfer Vessels Deals

Sealoader 2 (Credit: MOL)

Mitsui O.S.K. Lines (MOL) and Brazil’s state-owned energy giant Petrobras have signed a charter contract for cargo transfer vessel (CTV) SeaLoader 2, and agreed to start negotiations for a new CTV shipbuilding contract by the end of 2024.MOL signed the deal through its wholly owned subsidiary, SeaLoading Holding, which owns and operates CTVs.SeaLoading started a CTV agreement with Petrobras for SeaLoader 2 on a trial period in January 2022, and successfully completed more than 30 crude oil offloading operations from Petrobras' FPSOs located in the Santos Basin…

08 Dec 2023

Bangladesh Puts to use China-built Crude Oil Offloading Facility

Copyright andriano_cz/AdobeStock

Bangladesh started in recent days a large crude oil receiving and offloading facility built by China that allows the south Asian oil importer to significantly reduce the cost of shipping in crude oil.The single-point mooring facility at Chattogram port last Sunday offloaded 82,000 tons (about 600,000 barrels) of crude oil from a 100,000-ton tanker, said an official with state-run Bangladesh Petroleum Corp (BPC).The project is majority-funded by the Chinese government and build by a unit of Chinese state oil major CNPC, said the BPC official who declined to be named as he's not authorized to sp

21 Mar 2023

Valeura Energy Completes Modification of MT Jaka Tarub Vessel for Wassana Offshore Oil Field

Oil and gas company Valeura Energy said Monday that modifications to the MT Jaka Tarub crude oil storage vessel were complete, making the vessel compatible with infrastructure at its Wassana oil field, offshore Thailand.According to Valeura Energy, the vessel is capable of tandem crude oil loading/offloading. "Subject to favorable metocean conditions, the vessel will arrive at the Wassana field in the coming days, after which Valeura intends to resume oil production operations, targeting initial rates of up to 3,000 bbls/d, net to the 89% working interest share held by its subsidiary company Valeura Energy Asia Pte. Ltd." the company said.As reported by Offshore Engineer in December 2022…

02 Dec 2022

Valeura Energy Books Tanker for Gulf of Thailand Oil Field

Oil and gas company Valeura Energy has entered into a definitive agreement with PT Samudra Alam Transport to charter the MT Vula crude oil tanker to store oil produced from the Wassana oil field, offshore in the Gulf of Thailand.In Q2 2022, Valeura acquired KrisEnergy International (Thailand) Holdings Ltd. which owns and operates two licenses in the offshore Gulf of Thailand. The acquisition included the suspended Wassana oil field and the fully appraised Rossukon oil field. Additionally, through a separate agreement, the company agreed to acquire the Mobile Production Unit Ingenium (“MOPU”) which is on location at the Wassana oil field.Valeura said this week that the oil tanker to be chartered for Wassana would be renamed MT Jaka Tarub.The MT Jaka Tarub is a Panamax-sized oil tanker…

13 Aug 2021

Report: PDVSA Set to Restart Production from Corocoro Offshore Oil Field

The FSO Nabarima listing in the Gulf of Paria on October 16 (Photo: Fishermen and Friends of the Sea)

Venezuela's national oil company PDVSA is reportedly preparing to resume production from the Corocoro offshore oil field.Reuters said Thursday, citing people familiar with the matter, that PDVSA would use the Cororoco oil to feed its refineries.The Corocoro oil field, in which the Italian oil firm Eni is a partner as part of the Petrosucre consortium with PDVSA, is located in the Gulf of Paria.The offshore site caught media attention last year when the FSO (floating, storage, and offloading unit) Nabarima…

05 Oct 2018

Alfa Laval to Suppy Pumping Systems for China-built FPSO

Swedish company Alfa Laval  has won an order to supply Framo pumping systems to an FPSO (Floating Production, Storage and Offloading) vessel to be built in China.The provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling said in a press release that the order has a value of approximately SEK 70 million ($7.72 mln).It was booked late September in the Pumping Systems unit of the Marine Division, with deliveries scheduled for 2019.The order comprises marine pumping systems for crude oil offloading, slop, produced water, off-spec oil and ballast pump duties."I am pleased to announce this order for our Framo pumping systems.

25 Aug 2014

ABS to Class Ultra Deepwater Offloading Unit

The Remora HiLoad DP BR unit design approved by ABS will have advanced capabilities for offloading operations in Brazil's Santos Basin. ABS, a provider of classification services to the global offshore industry, has been selected to class the Remora HiLoad dynamic positioning (DP) BR loading unit, a second generation of the HiLoad DP system that connects to and keeps conventional tankers in position during crude oil offloading from floating production installations. Traditional offloading methods using a mooring buoy solution can be expensive in ultra deepwater fields such as those in Brazil's Santos Basin. Addressing the need for a cost-effective and flexible offloading solution in remote regions and harsh environments…

20 Aug 2014

Update: LOOP Terminal Shutdown

LOOP's Offshore Marine Terminal suspended its crude oil offloading operations on August 13 while investigating an oil sheen discovered along the pipeline. According to the terminal, field crews continue to execute the repair plan as scheduled. Estimates indicate that marine offloading operations may resume between August 21-23. LOOP said it will continue to evaluate options to safely expedite offloading operations when repairs are complete. All other pipelines into and out of the Clovelly Hub remain operational. loopllc.com

15 Aug 2014

Offshore Terminal Shut After Sheen Discovered

LOOP's Offshore Marine Terminal suspended its crude oil offloading operations while investigating an oil sheen discovered along the LOOP pipeline right-of-way on August 13. Sheening continued in the area of the pipeline. Activities are underway to inspect and repair the pipeline. Preliminary estimates indicate that marine offloading operations may resume between August 23 and 2. LOOP said it will continue to evaluate options to safely expedite offloading operations when repairs are complete. These activities do not affect LOOP's onshore operations at the Clovelly Hub and deliveries of crude oil continue on schedule. All other pipelines into and out of the Clovelly Hub remain operational.

04 Dec 2002

Bonga

Owner Shell Nigeria Exploration and Production Co. Samsung's latest technological innovation is the successful completion and delivery of an 2,000,000 bbls FPSO, Bonga, built for the Shell Nigeria Exploration and Production Company, SNEPCO in June 2002. The vessel, which is a double hull type floating oil production, storage, and offloading unit (FPSO), will be permanently spread moored in Bonga field located offshore Nigeria in water depth ranging from 1,000 to 1,125 m. The Machinery space will be located underneath the accommodation spaces. The double bottom in way of machinery spaces is used as sludge and oily water drain tanks.