Petrobras Orders 10th FPSO for Búzios Field
Brazilian oil and gas company Petrobras has ordered a floating, production, storage, and offloading (FPSO) vessel from Singapore's Sembcorp Marine Rigs & Floaters.The FPSO, named P-82, will be deployed at the giant Búzios oil field, in the Santos Basin pre-salt area, offshore Brazil.Worth US$3.05 billion (S$4.25 billion) the P-82 is the largest contract secured by Sembcorp Marine from PetrobrasThe P-82 will have the capacity to produce up to 225 thousand barrels of oil per day, process up to 12 million m³of gas per day, and store more than 1.6 million barrels.
LNG to Benefit Philippines, Says ADB Energy Expert
The Philippines stands to benefit from introducing liquefied natural gas (LNG) to support power generation and making it part of its energy mix, the government's Philippine News Agency reported quoting an energy sector expert for the Asian Development Bank (ADB). “Right now and the foreseeable future, natural gas and LNG is much cheaper today compared to two to three years ago, so there is a chance for the Philippines and for the countries in Asia to benefit from LNG and this is window of opportunity I think,” ADB chief of energy sector group Dr. Yongping Zhai said in an interview on Thursday. Zhai believes that LNG, a cleaner gas compared to coal, could be “very much part” of the Philippines' energy mix depending on its viability.
Panama Canal Plans LNG Terminal
The Panama Canal Authority (ACP), which administers the canal, is looking at building a Liquefied Natural Gas (LNG) import terminal near the Canal. The ACP has been awarded a US Trade and Development Agency grant to help fund a feasibility study for the project, which it is considering for when the expanded canal is opened next year and the waterway is expected to handle considerable liquefied natural gas tankers. A statement from the U.S. Trade and Development Agency says that it has awarded a grant to the Panama Canal Authority (ACP) to support the planning of a liquefied natural gas (LNG) import terminal. When the Panama Canal expansion project is completed next year, the Canal is expected to handle significant LNG tanker traffic.
US Backs Study into Panama Canal LNG Terminal
The U.S. Trade and Development Agency informs it has awarded a grant to the Panama Canal Authority (ACP) to support the planning of a liquefied natural gas (LNG) import terminal. The Panama Canal is expected to handle significant LNG tanker traffic upon completion of the canal expansion project next year. To capitalize on this growth, the ACP is interested in developing LNG-related infrastructure projects, including an import terminal. “The U.S. Government is very pleased to partner with the Panama Canal Authority through this USTDA grant as the ACP looks to develop a LNG import terminal in the coming years to take advantage of the Canal expansion project,” said Chargé d’Affaires Kevin M. O’Reilly, who signed the grant agreement along with ACP Administrator/CEO Jorge L. Quijano.
Pearl GTL Plant Open for Business
Qatar Petroleum and Shell announced that the Pearl gas-to-liquids (GTL) plant, located in Ras Laffan Industrial City in the State of Qatar, has sold its first commercial shipment of GTL Gasoil. The sale marks the start of production of GTL products when the State of Qatar and Shell, the operator of the Pearl GTL plant, begin to receive revenue from the project. Over the coming months, production will ramp up from the first production unit (‘train’) of the Pearl GTL project. The second train is expected to start up before the end of 2011. The plant is expected to reach full production capacity by the middle of 2012 and is the largest energy project ever launched in the State of Qatar. His Excellency Dr.
SNAME Announces Two International Collegia
SNAME announces two international collegia designed to bring technical expertise to an international membership. Planned for October 8, 2007 in Rio de Janeiro and in Oslo, Norway, these collegia stem from the SNAME International Activities Committee’s interest in reaching out to SNAME’s growing International Member community. The planned meetings will provide a forum for members to meet and exchange ideas and technical information in a particular area of interest and geographic region. Enginharia Naval,) will feature presentations and panel discussions on topics including activities related to natural gas in Brazil, advances in the use of loading computers for offshore product units…
