Qatargas starts operations at Laffan Refinery 2
Qatargas, the world's largest LNG producer, announced the commercial start-up of Laffan Refinery 2, marking a major milestone in the expansion of refining capacity in the State of Qatar. The project will refine 146,000 barrels per day of condensate from the North Field, the largest non-associated natural gas reserve in the world. Laffan Refinery 2 produces low Sulfur Euro-V specifications products such as Naphtha, Jet-A1, Ultra low Sulfur Diesel (ULSD), Propane and Butane for local and international markets. Alongside Laffan Refinery 1, this new facility is strategically important due to its role in diversifying Qatar’s energy mix, which will double the existing production capacity. Mr.
Keppel To Build New Jackup Worth US$195 Million For Mexico
Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Mexico's Perforadora Central SA de CV (Perforadora Central) to build a repeat jackup rig valued at about US$195 million. Slated for delivery in 1Q 2013, this latest high specification unit will be based on the LeTourneau Super 116E design. Unlike the existing LeTourneau Super 116Es, this will be the first Super 116E newbuild to be further enhanced to provide for an additional 1,500 kips of elevated load. It will have leg lengths of 511 ft and the capability to drill wells up to 30,000 ft at a water depth of 375 ft. Mexico is the world's sixth largest producer of oil and has the seventh largest natural gas reserve in the western hemisphere.
Koch Receives America and the Sea Award
William I. Koch, founder of the Oxbow Group, philanthropist, collector and sailor, has been named the recipient of the America and the Sea award which is presented annually by Mystic Seaport. Koch will receive the award Thursday, October 29, at a gala held in his honor in New York City. The annual award recognizes an individual or organization whose contributions to the history, arts or sciences of the sea best exemplify the American spirit and character. Previous winners have included pre-eminent yacht designer Olin J. Stephens II, respected author and historian David McCullough and the President and CEO of Crowley Maritime Corporation Thomas B. Crowley, Jr.
