Wärtsilä to Supply Navigation Systems for 10 Arctic LNG Carriers
Wärtsilä Voyage has signed a contract to deliver radio and integrated navigation systems for 10 icebreaking liquefied natural gas (LNG) carriers to be constructed for the Arctic LNG-2 project.The order was placed in January 2021 and is now in process of execution, in partnership with South Korean shipbuilder Samsung Heavy Industries Co. Ltd shipyard. The new contract is an extension of the announcement made last summer, where Wärtsilä Voyage equipped five LNG carriers with integrated bridge systems under the same project.
Floating Production Systems Market Bounces Back on Recovering Oil Prices
Orders for production floaters have bounced back over the past month driven by rising crude prices, according to Jim McCaul, head of offshore business intelligence firm World Energy Reports.McCaul bases his assessment on data in a new floating production systems report prepared by World Energy Reports. The report provides details for 206 floater projects in the planning stage, 44 production or storage floaters now on order, 307 floating production units currently in service and 44 production floaters available for redeployment contracts.As detailed in the report…
Petronas Becomes First Company to Produce LNG from Two FLNG Units
Malaysian oil and gas company Petronas has become the first energy company to produce LNG from two floating LNG facilities, after the LNG shipment was delivered by its floating LNG facility PFLNG DUA on Wednesday, March 24.The cargo was loaded onto the Seri Camar LNG Carrier operated by MISC Bhd for shipment to our LNG Buyer in Thailand. The PFLNG DUOA is located at Block H Rotan gas field, around 140 kilometers offshore Sabah, Malaysia."This milestone confirms the viability…
Santos, BW Offshore Sign $4,6B Barossa FPSO Deal
Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners, with the FID expected in the coming weeks.The Lease and Operate contract has a firm period of 15 years, with 10 years of options. The firm period contract value is USD 4.6 billion. BW Offshore will be responsible for the engineering…
AG&P Gets OK to Develop the Philippines LNG Import Terminal in Batangas Bay
- Atlantic Gulf & Pacific Company (AG&P) said on Monday its Philippines subsidiary has received the green light to develop a liquefied natural gas (LNG) import and regasification terminal in Batangas Bay, south of Manila.The firm, part owned by Osaka Gas and the Japan Bank for International Cooperation, said the Philippines' energy department has issued it a notice to proceed to develop the terminal, known as Philippines LNG, which will provide the fuel to power plant, industrial…
Petronas' Floating LNG Facility PFLNG Dua Produces First LNG
Malaysian oil and gas giant Petronas said Monday that its PFLNG Dua floating LNG facility has recently produced its first LNG. This is the company's second FLNG Unit, and its first deepwater FLNG facility.The PFLNG Dua is located at the Rotan gas field, 140km off Kota Kinabalu, Sabah, Malaysia. "In collaboration with its upstream Production Sharing Contract partner, PTT Exploration and Production, it has successfully completed the subsea commissioning phase and achieved its first has on 6 February 2021…
VIDEO: Final Topside Module Installed on Eni's Coral Sul FLNG
The last of 13 topside modules has been lifted and installed aboard Eni's Mozambique-bound Coral-Sul FLNG facility, being built by Samsung Heavy Industries in South Korea.The lifting of the module marks the end of the onshore-modules fabrication campaign configuring the entire gas treatment and liquefaction plant"The massive 70 thousand tons topside was lifted onto the hull one module at a time and is now complete. However, construction continues with integration and commissioning activities…
Exmar, YPF Settle Dispute, Terminate Tango FLNG Charter
Belgium-based shipowner Exmar has settled a dispute over the charter of the Tango FLNG with Argentinian energy firm YPF, that will see the FLNG charter terminated in exchange for a settlement fee.To remind, YPF in June sent a force majeure notice to Exmar, saying it was not able to pay for the charter of the Tango FLNG unit due to the effect of the coronavirus pandemic. Exmar at the time said the notice was unlawful, adding it was considering the best option to defend its interest.On Monday, Exmar said it had reached a settlement agreement with YPF S.A.
LQ, Pipe Rack Modules Installed on Energean Power FPSO
Living quarters and eigh pipe rack modules have been lifted aboard the Energean Power FPSO hull as the construction of Energean's FPSO destined for the Mediterranean Sea progresses in Singapore.The FPSO hull, built in China is being outfitted with topside modules at Sembcorp’s Admiralty Yard, Singapore. Once completed the FPSO will sail away to Israel, where it will be used to develop the Karish offshore gas field.The LQ module lifted on the hull is 20 meters long, 40 meters wide and 26 meters high, weighs in at 1,727 tonnes, and has seven decks.
Turkey Extends Exploration in Disputed Eastern Mediterranean
Turkey said on Monday that its Oruc Reis exploration vessel will carry out seismic surveys in a disputed area of the eastern Mediterranean until Sept. 12, provoking an angry response from neighboring Greece.Turkey and Greece, NATO allies, vehemently disagree over claims to hydrocarbon resources in the area based on conflicting views on the extent of their continental shelves in waters dotted with mostly Greek islands.Both sides have held military exercises in the east Mediterranean…
PHOTO: First Topside Module Installed on Energean Power FPSO
First topside module was lifted and installed earlier this week on the Energean Power FPSO hull at Sembcorp Marine's Admiralty Yard in Singapore.Oil and gas company Energean said that the electrical house (E-house), which contains all the FPSO control equipment and electrical switchgear, was lifted onto the Energean Power hull on the 24th August. The E-house, weighing in at 850 tonnes, was lifted using the L-801 Barge pontoon crane, with lift preparation starting early morning…
Gallery: Allseas Completes Tyra Removal Work Off Denmark
Allseas’ heavy lift vessel Pioneering Spirit has completed a removal campaign of processing and accommodation topsides and flare jackets as part of the Tyra Redevelopment Project for Total E&P Denmark. "Over the last two weeks, Pioneering Spirit removed more than 27,000 tonnes of platform facilities from the North Sea’s Tyra gas field, transporting the structures to specialist yards in Denmark and the Netherlands for recycling," Allseas said Monday.The final two structures, flare jackets…
Tech File: Hybrid-Electric Propulsion for Crew-less Vessels
The move to autonomy on the world's waterways is undeniable, with the direction clear, the pace hazy. What is clear is the need for reliable, fuel efficient propulsion, and last month Torqueedo announced a deal to provide hybrid-electric propulsion systems to power XOCEAN’s XO-450 USV, a custom-designed composite wave-piercing catamaran about the length of a typical automobile.XOCEAN is embarked on a mission to to transform the way subsea data is collected, and the three-year…
Wärtsilä to Supply Bridge Systems for Five Icebreaking Gas Carriers
Finland-based marine engine and technology provider Wärtsilä said it has been contracted to deliver a complete bridge systems installation for five icebreaking liquefied natural gas (LNG)-fueled tankers to be constructed for the Arctic LNG-2 project. The navigational systems are delivered by Wärtsilä Voyage, the new business responsible for digital solutions and decision support tools to enhance safety and reliability of shipping operations.The order with Wärtsilä Voyage was placed in the first quarter of 2020 and now is in process of execution…
Exmar Slams 'Unlawful' Tango FLNG Force Majeure by YPF
Argentinian energy company YPF has sent a force majeure notice to Belgium shipowner Exmar, saying it is unable to pay for the charter of the Tango FLNG unit due to the effect of the coronavirus pandemic.According to Exmar, YPF claims that effects of the coronavirus pandemic both worldwide and in Argentina have hindered YPF's ability to perform its obligations under the Tango FLNG agreements. This includes but is not limited YPF's ability to pay the invoices due for services performed for the period starting the second half of March 2020.
Qatar Books Chinese Shipyard Capacity in LNG Carrier Fleet Expansion Push
Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements, including those of its ongoing expansion projects of the giant offshore gas field North Field.Qatar Petroleum struck a deal with and Hudong-Zhonghua Shipbuilding Group Co., Ltd., a subsidiary of China State Shipbuilding Corporation Limited (CSSC).
Energean FPSO Hull Reaches Singapore. Yard Closed Due To COVID-19
The Mediterranean-focused oil and gas company Energean has said that the hull of its Energean Power FPSO has reached Singapore.The China-built hull is expected to be fitted with the topside modules built in Singapore at the Sembcorp Yard, before setting sail to the Karish offshore field in Israel.However, Energean said Wednesday that on arrival of the FPSO hull in Singapore, the company was informed of a two-week temporary halt to operations at the yard, starting April 17, 2020.It has been explained that the temporary halt is intended to reduce the risk of COVID-19 transmission.
Chevron Wraps Sale of Malampaya Field Stake
U.S. oil major Chevron has completed the exit from the Shell-operated Malampaya gas project offshore the Philippines with the sale of its 45% non-operating interest in the field to Udenna Corporation. The sale deal was signed in October 2019.The Malampaya natural gas field lies about 50 miles (80 km) northwest of the Philippine island of Palawan. Net daily production during 2019 averaged 136 million cubic feet of natural gas and 3,000 barrels of condensate.Produced from fields at water depths of about 2…
Russia Leads E&P Race in Arctic Region
Russian and Norwegian exploration and production (E&P) operators have been expanding their operations in the Arctic continental shelf, which is estimated to hold vast deposits of hydrocarbons and rare earth minerals.Warming temperatures in the Barents Sea and northern coastline of Russia are giving an added impetus to resource development in this region, according to GlobalData.GlobalData's report, ‘Arctic Exploitation’, discusses how Russia is keen on hydrocarbon appraisal and development from the Arctic region to such a great extent that it even settled its longstanding territorial dispute with Norway.The government is also providing tax incentives to companies that invest in this region.
PGNiG Acquires Duva Field in Norway
PGNiG Upstream Norway, a subsidiary of Polish Oil and Gas Company (PGNiG), has obtained a final administrative consent to purchase additional 10% interests in the PL636 and PL636B licences in the North Sea.Following the transaction, PGNiG Upstream Norway’s (PUN) interests in both licences increased to 30%. As a result, the volume of Duva field gas production attributable to the Company will rise to 0.2 bcm per year.“Acquisition of fields on the Norwegian Continental Shelf is one of the investment priorities of the PGNiG Group. Our aim is to ensure that as much as possible of the gas that will flow from Norway to Poland following the launch of the Baltic Pipe will come from our own production. This is part of our strategy to diversify supplies and strengthen Poland's energy security.
Nexans Designs Power Umbilicals for OneSubsea
OneSubsea, the subsea technologies, production and processing systems division of Schlumberger, has contracted Nexans to design and supply two 120-km (75-mi) power umbilicals for a subsea multiphase compression system at Norske Shell’s Ormen Lange gas field in the Norwegian Sea.The French player in the cable and optical fiber industry said that the system will help extend the production life of the Ormen Lange field, Norway’s second-largest gas field that currently supplies 20 percent of the UK’s gas needs.Located in the Norwegian Sea, the Ormen Lange gas field produces about 70 million cubic meters of gas a day that is piped to the onshore Nyhamna processing plant.
Petronas Names Second FLNG in S. Korea
Malaysian oil and gas company Petronas named its second floating liquefied natural gas (LNG) facility, the PFLNG Dua, in a ceremony in Geoje, South Korea.The floating LNG facility is designed to extract gas from deepwater gas reservoirs in depths up to 1,500 meters.With PFLNG Dua, the national oil and gas company of Malaysia owns and operates two floating LNG facilities, following the success of PFLNG Satu which has been in operation since 2017. This achievement demonstrates Petronas’ strong position in the LNG industry leading the way in innovative solutions to ensure a reliable and secure supply of LNG to meet the growing demand for cleaner energy.
Mako Gas Field Exceeds Hopes: Conrad
Indonesian oil & gas exploration and production company Conrad Petroleum has flowed dry gas from its Tambak-1 well located in the Duyung PSC in the West Natuna Basin, offshore Indonesia.The Tambak-1 well was designed to both appraise the Mako gas field and test the underlying Tambak exploration prospect. Coro Energy plc holds a 15% interest in this project.The drill stem test (DST) flowed dry gas from the intra-Muda sands at a rate of 11.4 MMcf/day on a 181/64-inch (2.8 inches) choke, maintaining a wellhead tubing pressure of 225psi. The DST of the Tambak-1 well was completed with cased hole perforations along with a 6-foot interval.The DST demonstrates that this completion method is viable…