Pavilion Energy News

KPI OceanConnect Concludes First Simultaneous LNG Bunkering Op

Marine fuel services and solutions provider KPI OceanConnect has completed its first simultaneous operation of LNG bunkering in Singapore.KPI OceanConnect conducted the operation for MSC Mediterranean Shipping Company’s Monica Cristina vessel in Singapore, using membrane LNG bunker vessel Brassavola on charter with Pavilion Energy.The operation took place at Tuas Container Terminal, along with loading and unloading procedures, improving efficiency.“KPI OceanConnect is proud to work with industry leaders like Pavilion Energy and MSC Mediterranean Shipping Company to accelerate the development o

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said.The sale process comes a decade after the state investment firm set up Pavilion Energy to focus on LNG-related investments, and takes place as spot Asian LNG prices LNG-AS have fallen more than 40% since mid-August, potentially weighing on the deal's valuation.Temasek is evaluating bids for the sale of Pavilion Energy's assets…

Brassavola Completes Maiden Ship-to-Ship LNG Bunkering Operation

Pavilion Energy, the charterer of Singapore’s recently delivered first membrane LNG bunker vessel Brassavola, has concluded its first Ship-to-Ship (STS) LNG bunkering operation.Pavilion Energy said on February 19, 2024, the bunkering operation to Rio Tinto chartered dual-fueled bulk carrier, Mount Api was successfully completed.Brassavola was recently delivered by Seatrium, to owner Indah Singa Maritime, a wholly-owned subsidiary of Mitsui O.S.K Lines (MOL).Seatrium Delivers Singapore’s…

Seatrium Delivers Singapore’s First Membrane LNG Bunker Vessel

Seatrium has delivered Brassavola, Singapore’s first membrane LNG bunker vessel built locally by the group, to owner Indah Singa Maritime, a wholly-owned subsidiary of Mitsui O.S.K Lines (MOL).Following delivery, Brassavola will be chartered by Pavilion Energy to supply LNG bunker in the Port of Singapore.The vessel, which is expected to start operations in February 2024, will also be deployed by TotalEnergies Marine Fuels to serve its customers under a long-term agreement with Pavilion Energy.Measuring 116.5 meters in length and 22 meters in width…

Pavilion Energy, CNOOC Complete First Bunker Delivery to LNG-powered VLCC

Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first liquefied natural gas (LNG) ship-to-ship bunker operation for a very large crude carrier (VLCC) at China's Guangzhou port, the companies said on Thursday.A total of 2,800 metric tons of LNG was delivered from CNOOC's LNG bunker vessel Hai Yang Shi You 301 to the VLCC Maran Dione, owned by Angelicoussis Group's Maran Tankers Management (MTM), the companies said in a joint statement.The bunker operation came after Pavilion Energy…

High LNG Prices Spur Demand for Dual-fuel Tankers - Executive

Even as liquefied natural gas (LNG) is seen as a key transitionary fuel for bunkering, soaring prices of the super-chilled fuel have led to higher demand for ships with dual-fuel tankers, said an industry executive. The global shipping industry is seeking to reduce its reliance on oil as it tries to meet carbon emission reduction targets set out by the U.N.'s International Maritime Organization. These include cutting carbon emissions by 40% from 2008 levels by 2030, and overall greenhouse gas emissions by 50% by 2050."We believe that LNG will be one of the major fuels for bunkering.

Brassavola LNG Bunker Vessel Named in Singapore

TotalEnergies Marine Fuels has moved closer to starting its LNG bunkering services in  Singapore, following a ship naming ceremony of the Brassavola LNG bunker vessel that was held at Sembcorp Marine’s Tuas Boulevard Yard on Tuesday.Measuring 116.5m in length and 22m in width with a capacity of 12,000m3, the ship will be the largest LNG bunker vessel for use in service in the Port of Singapore. The Brassavola is scheduled to be operational in the first quarter of 2023. Louise Tricoire…

DNV, Pavilion Bringing Digital LNG Bunkering Solution to Singapore

Pavilion Energy and DNV have said they have developed a fit-for-purpose LNG bunker digital solution for employment in the Port of Singapore.The companies said they'd developed a tailored digital bunkering platform ‘FuelBoss’ to meet local requirements."As a fully digitalized end-to-end bunkering solution, FuelBoss will improve process integrity, data transparency, and operational efficiency for customers. This includes digital checklists and electronic Bunker Delivery Notes developments…

ABS Grants AIP for Ammonia Bunkering Vessel Design

Japanese shipping company Mitsui O.S.K. Lines, Ltd. on Tuesday announced that the company, along with ITOCHU Corporation has obtained approval in principle (AIP) from the American Bureau of Shipping (ABS) for an ammonia bunkering vessel concept.The project is part of a joint development study on ammonia fuel supply chain in Singapore. MOL, which already has experience and knowledge of liquefied natural gas (LNG) bunkering vessels, is taking part in the project together with its partners in the LNG bunkering business in Singapore-TotalEnergies Marine Fuels Pte. Ltd.

Itochu-led Ammonia as Marine Fuel Study Attracts 23 New Firms

Japan-based Itochu Corporation has this week formed a joint study framework of 23 companies and organizations with the objective of collaboratively discussing common issues in pursuit of the utilization of ammonia as an alternative marine fuel, Bureau Veritas said Friday.The aim of the Joint Study Framework is to verify and organize common issues regarding the use of ammonia as a maritime fuel, which is a new challenge for maritime stakeholders. Also, BV said this was a step toward…

Pavilion Energy Pens 10-Year LNG Deal with BP

Singapore's Pavilion Energy has signed a 10-year deal to buy liquefied natural gas (LNG) from BP's Singapore unit starting in 2024, the companies said on Wednesday, as the city-state seeks to diversify its gas supply sources.The long-term binding LNG sale and purchase agreement (SPA) is for the supply of about 0.8 million tonnes of LNG a year to Singapore, Pavilion and BP said in a joint statement. They did not give financial details.This is the third long-term deal that Pavilion, owned by Singapore state investor Temasek Holdings, has signed since November.

Singapore: Pavilion Energy, Chevron Pen LNG Supply Deal

Singapore's Pavilion Energy Trading & Supply Pte Ltd said on Monday it signed a six-year sale and purchase agreement with Chevron Corp for about 0.5 million tonnes per year of LNG supplies from 2023.Pavilion Energy, owned by Singapore state-owned investment company Temasek Holdings, struck the deal with Chevron's Singapore branch.Each cargo supplied to Singapore under the agreement will be accompanied by a statement of its greenhouse gas emissions (GHG) measured from wellhead to discharge port…

Singapore Seeking LNG Bunker Suppliers

Singapore is looking to add liquefied natural gas (LNG) bunker suppliers amid increasing demand for the cleaner burning marine fuel in the world's top shipping hub.The Maritime and Port Authority of Singapore (MPA) on Wednesday launched a request for proposal (RFP) for parties seeking to supply LNG fuel to ships in the Port of Singapore.The city state’s annual LNG bunkering capacity is expected to hit 1 million tonnes by 2021, as shipping companies continue to turn toward cleaner…

Total in 10-Year LNG Bunkering Pact with Pavilion

Temasek-owned Pavilion Energy has signed a 10-year fully-termed agreement to jointly develop an LNG bunker supply chain in the port of Singapore with Total Marine Fuels Global Solutions (TMFGS),  a subsidiary of French energy conglomerate Total SA.Global law firm Norton Rose Fulbright has advised  on signing the contract.The agreement includes the shared long-term use of 12,000 cu m LNG bunker vessel (LNGBV). In February this year Pavilion chartered an LNGBV newbuilding from Mitsui OSK Lines (MOL) which is currently being constructed at Sembcorp Marine’s Tuas Boulevard Yard in Singapore.Working in support of Total Marine Fuels’ in-house legal team…

Tanzania Builds $30bn LNG Project

Dr Medard Kalemani, Tanzania’s Minister of Energy, has confirmed the recently announced plans for a syndicate of oil companies to commence construction of the $30bn LNG project in 2022.In March, the government stated that it planned to complete negotiations with a group of international oil companies in September to develop the project.Led by Norwegian energy firm, and Platinum Sponsor of the Congress, Equinor, the group also consists of Royal Dutch Shell, ExxonMobil, Ophir Energy and Pavilion Energy.These international companies will work closely on the project, alongside the state-run Tanzania Petroleum Development Corporation (TPDC).In a budget presentation to parliament…

Pavilion Acquires LNG assets of Iberdrola

Singapore-based LNG company Pavilion Energy said its wholly owned subsidiary Pavilion Energy Trading & Supply has agreed to buy Spanish energy company Iberdrola's portfolio of liquefied natural gas (LNG) assets.The portfolio comprises about 4 million tonnes per annum (mtpa) of Iberdrola's long-term LNG sale and supply contracts.It also includes long-term regasification of approximately 2 mtpa at the Grain LNG terminal (UK), regasification access in Spain and the Spanish-France border pipeline capacity, as well as the time-charter of a newbuild MEGI LNG vessel. In a related transaction, both parties have concluded a gas sales agreement…

First S-to-S LNG Transfer in Singapore

Singapore's state-owned Pavilion Energy has performed the first commercial ship-to-ship LNG bunkering in the Port of Singapore.The operation, the first of such in Singapore, comprised a reload of 2,000m3 of LNG onto a small-scale tanker at the newly-modified Secondary Jetty of the Singapore LNG (SLNG) Terminal, followed by a ship-to-ship transfer to the receiving heavy-lift commercial vessel.“Pavilion Energy’s first commercial ship-to-ship LNG bunkering operations in Singapore demonstrates our strong commitment and capability to deliver a comprehensive suite of LNG bunker supply solutions to Singapore and the region,” said Frédéric H.

Sembmarine to Build LNG Bunker Tanker for MOL

Singapore-based Sembcorp Marine (Sembmarine) secured new contracts worth $175m, for projects comprising the design and construction of a 12,000-cubic-metre (cbm) LNG bunker vessel as well as repair and modernisation works on 13 cruise ships.The LNG bunker vessel which is for delivery to Mitsui OSK Lines (MOL) in 2021 will be constructed at Sembcorp Marine Tuas Boulevard Yard, said the company specialising in a full spectrum of integrated solutions in ship repair, shipbuilding, ship conversion, rig building and offshore engineering & construction.The 112m long and 22m wide LNG bunker vessel will have two GTT Mark III Flex membrane tanks with a combined 12…

MOL Signs LNG Charter with Pavilion Gas

Mitsui O.S.K. Lines (MOL) has announced that it has signed a long-term charter contract to operate Asia's largest (12,000m3-class) LNG bunkering vessel in Singapore, the world's largest fuel supply port, with Pavilion Gas, a wholly-owned subsidiary of Pavilion Energy.Demand for LNG as bunker fuel is expected to grow on a global scale as stricter SOx regulations take effect in January 2020. Singapore's Maritime and Port Authority (MPA) is focusing considerable effort on development of an LNG fuel supply infrastructure and implementing policies aimed at creating the world's largest LNG fuel supply port.The Japanese government also concluded a "Memorandum of understanding in relation to the cooperation on the development of LNG as a marine fuel" with seven other countries…

Pavilion Inks Long-term LNG Charter Deal with BW

Singapore's Pavilion Energy has signed an agreement with commodities shipper BW Group for the long-term charter of two newly built liquefied natural gas (LNG) vessels, the company said on Monday.The 173,400 cubic meter vessels, expected to be delivered between 2019 and 2020, will add to Pavilion's global portfolio and boost its LNG trading expansion, the company said.The M-type, electronically controlled, gas injection (MEGI) vessels offer environmental benefits through greater efficiency and lower carbon emissions, it added."The long-term charters of these MEGI newbuilds ...

Total, Singapore's Pavilion Energy Sign LNG Ship Fuel Supply Chain Deal

Total and Singapore's Pavilion Energy have signed a non-binding deal through their subsidiaries to develop a liquefied natural gas (LNG) bunker supply chain in the port of Singapore, the companies said in a joint statement on Tuesday.Total Marine Fuels Global Solutions, the French oil major's affiliate in charge of worldwide ship fuelling, or bunkering, activities, and Pavilion Gas signed a heads of agreement which covers the shared long-term time charter of a new generation LNG bunker vessel to be commissioned by Pavilion Gas by 2020…

Singapore LNG Market to Grow at 10.39% Through 2025

The market for LNG in Singapore is projected to grow at a CAGR 10.39% during 2016-2025, due to the push from Singapore government towards adoption of cleaner energy sources, capacity addition of natural gas / LNG based power plants and emergence of Singapore as a regional trading hub for LNG in Asia-Pacific. "Growing demand from power generation sector, favorable LNG prices and government initiatives to setup Singapore as LNG hub is expected to drive Singapore LNG market," says the report by TechSci Research. Pavilion Energy, a wholly owned subsidiary of Pavilion Gas Pte Ltd. inked an agreement with BP in 2016, under which the British company would supply around 0.4 million tonnes per year of LNG for 20 years from 2019, thereby increasing the supply of LNG in the country.

Shell Wells Come Up Dry in Tanzania

Ophir and its joint venture partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania, safely and on time.   The programme comprised Kitatange-1 in Block 1 and Bunju-1 in Block 4.  After evaluation, Shell, the operator of Blocks 1 and 4, has confirmed that good quality reservoir was encountered in both wells, however hydrocarbons were not found.   The Noble Globetrotter 2 rig has been demobilised from site.  The two wells fulfil the final exploration commitments as per the exploration licences issued by the Ministry of Energy and Minerals (MEM).   Subsequent to the completion of drilling Kitatange-1, a bridging licence has been awarded for the existing discovery Locations in Block 1.