BP Issues Force Majeure Notice for Golar FLNG Unit
Golar LNG Ltd said on Tuesday that it received a force majeure notice from a BP Plc unit seeking to delay taking delivery of a floating liquefied natural gas facility by a year.The notice is the latest force majeure claim issued in the LNG sector that is struggling with a seasonal plunge in demand as well as the spread of the coronavirus outbreak, which has further hammered the consumption of the super-chilled fuel globally.BP is expecting a one-year delay due to the pandemic and currently sees no possibility in reducing the duration of the new timing…
ARISE Mauritania Picks Kalmar Equipment
Kalmar, the provider of cargo-handling solutions and equipments to ports and terminals, has concluded an agreement to supply a suite of yard crane and mobile equipment to ARISE Mauritania for Nouakchott container terminal.The agreement includes four Kalmar Zero Emission rubber-tired gantry cranes (RTGs), one reachstacker, one empty container handler and two forklift trucks of the Kalmar Essential Range.The order was booked in Cargotec's 2019 Q4 order intake, with the delivery of all machines scheduled to be completed during Q3 of 2020.ARISE Mauritania…
Deepwater Investments to Grow +5% in 2020
Though overall global upstream investments in 2020 will decrease by around 4%, deepwater will be the only segment expected to grow above 5% next year, spelling a boom for the industry, said a report.Rystad Energy is forecasting that overall global upstream investments in 2020 will decrease by around 4%. Investments in shale/tight oil are expected to contract the most next year by almost 12%.Rystad Energy believes that the lower oil price and weaker cash flows will force shale companies to reduce activity.
Orca-1 is Largest Gas Discovery of the Year
On 28 October 2019 oil giant BP announced a major gas discovery, Orca-1, exploration well in the BirAllah area off the coast of Mauritania.“The deepest and largest discovery so far this year, Rystad Energy estimates Orca-1 holds around 1.3 billion barrels of oil equivalent (boe) of recoverable resources,” says Palzor Shenga, a senior analyst on Rystad Energy’s upstream team.Offshore continues to dominate exploration in 2019, both in terms of the number of discoveries and the volume of resources unearthed.
Jan De Nul Starts Dredging for Mauritian Port
Jan De Nul group of the beginning of work on dredging and expansion on an internal ship canal and a turning circle in port of Nouadhibou (Mauritania), one of the largest centers through which iron ore from the country is exported, is told in the group message.With the deepening and widening of the 25-km long entrance channel to the mineral terminal of Port of Nouadhibou, the National Industrial and Mineral Authority of Mauritania (Société Nationale Industrielle et Minière or SNIM) opens the port for vessels with a capacity of up to 250…
France Conducts Training on Port Management
An intensive training on port management and operational efficiency was delivered to high-level officials and decision-makers from maritime and port authorities around the world.The annual five-week course, delivered by the Institut Portuaire d’Enseignement et de Recherche (IPER), concluded on 11 October in le Havre, France.The 33rd Advanced Course on Port Operations and Management welcomed 19 participants from 19 countries. Seven of these participants were women. The participating countries were Algeria…
100% Uptime for FLNG Hilli Episeyo
Bermuda-registered liquefied natural gas (LNG) shipping company Golar LNG said that its floating LNG (FLNG) Hilli Episeyo continues to achieve 100% commercial uptime. The vessel recently exported its 25th cargo."Discussions continue with field operator Perenco with respect to increasing the vessel's utilization and potentially increasing the overall duration of the contract term," the NASDAQ-listed company said. The initial focus of these discussions remains on utilization of…
Privinvest’s Deliveries to Mozambique: A Model for Africa
Media reports about Mozambique’s failure to launch a fishing and security fleet and its subsequent $2 billion debt default seem destined to torpedo, or at least set back similar efforts to build needed coastal security and national fishing fleets across Africa. That must not happen.The systems and equipment Mozambique bought a few years ago from shipbuilder Privinvest could serve as a template for coastal African nations seeking to rightfully benefit from their natural resources…
African LNG to Attract $103Bln in 2019
With greenfield investments in Nigeria, Egypt, Mozambique and elsewhere reaching nearly $103 billion this year, it is clear that liquefaction is viewed as the most profitable strategy for realizing Africa’s gas potential, said Gas Exporting Countries Forum (GECF).Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas reserves and is expected to contribute nearly 10 percent of global production growth through to 2024.Nigeria accounts for over 50 percent of current LNG production capacity on the continent.
EMGS Wins BP Survey Off Senegal
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) has been awarded a contract by UK oil and gas major BP for work off the coast of Senegal and Mauritania.EMGS said in a in Oslo Exchange filing that the contract is worth around $6 million. The survey work is expected to start in the first quarter of 2020.CEO of EMGS, Bjørn Petter Lindhom, said, “EMGS is delighted to return to Africa and for the opportunity to work for BP and partners on their high-profile…
Keppel Orders PG Flow Solutions for Gimmi FLNG
Singaporebased Keppel Shipyard has awarded Norwegian liquid handling and pump specialist PG Flow Solutions a contract to supply high flow seawater pumps to the Gimi FLNG that is being converted at the yard.PG Flow Solutions will deliver four large seawater pumps, each with a capacity of 5,500 cubic metres of water per hour. The contract value is undisclosed.The seawater pumps will be used to cool down the onboard turbine steam condensers. As the LNG-fuelled vessel has steam turbines for power generation…
Black & Veatch Proceeds with FLNG Conversion
Black & Veatch, the provider of floating liquefied natural gas (FLNG) topside solutions, announced that it has received a full notice to proceed from Grand Tortue Ahmeyim (GTA) project for operator BP.The full notice to proceed (FNTP), following a limited notice in December 2018, enables Black & Veatch to team with Keppel Shipyard to convert the Gimi into an FLNG vessel supporting the development of Phase 1 of BP’s Greater Tortue / Ahmeyim field, located offshore Mauritania and Senegal.The Gimi project builds on the successes of the Golar FLNG Hilli Episeyo…
BP's Tortue/Ahmeyim FLNG Project Pushes Ahead
Golar LNG Limited announced Monday that it has received a Limited Notice to Proceed (LNTP) from BP Mauritania Investments Ltd and BP Senegal Investments Ltd, in their capacity as block operators, in respect of the provision of a Floating Liquefaction Vessel (FLNG) to support the development of Phase 1 of the Greater Tortue / Ahmeyim field, located offshore Mauritania and Senegal.The LNTP is in furtherance of a Preliminary Agreement and Heads of Terms for a Charter Agreement with BP announced by Golar in April 2018.The vessel conversion would take place at Keppel Shipyard Ltd building on Keppel's delivery of the FLNG Hilli Episeyo, utilizing Black and Veatch Corporation's PRICO technology.Golar said discussions regarding a minority investment in the vessel are also being progressed.
Australia Leads FPSO Deployment in AsiaPac
A total of 67 floating production, storage and offloading (FPSOs) vessels are expected to start operations globally by 2025, with Australia leading the Asia-Pacific region.Globally, 67 planned and announced FPSOs are expected to start operations between 2019 and 2025, revealed the report 'Q1 2019 Global FPSO Industry' by GlobalData.Of these, 26 are planned and 41 are announced and of these Australia will account for all FPSOs planned for deployment in Oceania during 2019-2025.In Oceania…
FLNG Hilli Episeyo Operates in Full Capacity
Golar LNG Limited confirmed that FLNG Hilli Episeyo continues to operate with 100 percent commercial availability.Currently in the process of exporting its 10th LNG cargo, the vessel's proof of concept continues to add momentum to both existing and new opportunities under discussion. Discussions also continue with field operator Perenco as to the timing of utilization of Hilli Episeyo's excess capacity.Golar and affiliates of Keppel Shipyard Limited and Black and Veatch closed the sale of 50 percent of the common units in Golar Hilli LLC to the Partnership on July 12, .
Keppel to Start Work on Golar's FLNG vessel
Keppel Shipyard Ltd (Keppel Shipyard), has received the Final Notice to Proceed (FNTP) from Gimi MS Corporation, a subsidiary of Golar LNG Limited, to commence full conversion works for the Gimi Floating Liquefaction Vessel (FLNG) project.The wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) said in a press release that the total contract is worth US$947million and builds on the issuance of the Limited Notice to Proceed (LNTP) on 17 December 2018.Keppel Shipyard's…
Keppel, Golar to Build FLNG Facility
Keppel Corporation will partner liquefied natural gas (LNG) shipping company Golar LNG to develop a floating LNG facility (FLNG) facility to be located on the Mauritania and Senegal maritime border.Keppel will partner Golar by subscribing for 30 per cent in Gimi MS Corporation, through Keppel's indirect wholly owned subsidiary First FLNG Holdings (FFH). The remaining 70 per cent in Gimi MS Corporation will be subscribed by Golar.Gimi MS will build and operate the facility, said the company.Keppel and Golar have previously partnered on the FLNG Hilli Episeyo…
West Africa to Promote Electronic Data Exchange for Vessels
Ships and ports will need to be able to exchange arrival and departure data electronically from April 2019, under International Maritime Organization (IMO)'s Facilitation Convention said a press note.There requirements also encourage the use of a single window in which all the many agencies and authorities involved exchange data via a single point of contact. Training in the treaty requirements took place during national seminars in Malabo, Equatorial Guinea (13-15 November) and in Nouakchott, Mauritania (20-22 November).
Senegal Awards LNG, Oil Advisory Job to Doris Engineering
French engineering services provider Doris Engineering has been awarded an advisor contract by the Senegalese ministry of petroleum and energies for the development of oil & gas projects offshore Senegal.This two-year mission consists in reviewing the optimization and the robustness of the field development performed on these projects to be in line with the Ministry expectations. It focuses on two projects: Grand Tortue Ahmeyim, operated by BP, and the SNE project, operated by Woodside.Grand Tortue Ahmeyim is located at the border between Senegal and Mauritania and lies in ultradeep-water.
BP Selects McDermott, BHGE for Subsea Contracts
McDermott International and Baker Hughes (BHGE), a GE company announced the selection of front-end engineering design (FEED) studies in advance of a substantial engineering, procurement, construction and installation (EPCI) contract for BP’s Tortue/Ahmeyim Field Development, a major gas project located on the maritime border of Mauritania and Senegal. During this initial engineering phase, McDermott will work on defining the subsea umbilicals, risers and flowlines (SURF) scope for the project, while BHGE will focus on the subsea production system (SPS) scope.
TechnipFMC Grabs BP FPSO Design Contract
UK-based TechnipFMC has been awarded a front-end engineering design (FEED) contract by BP for the floating production storage and offloading (FPSO) unit for the Tortue/Ahmeyim Field Development, a major LNG (liquefied natural gas) project located offshore on the maritime border of Mauritania and Senegal. The agreement between the two companies provides a mechanism to allow a transition of the contract to an Engineering, Procurement, Construction and Installation (EPCI) contract at a later stage.
Golar LNG Enters Preliminary Deal for BP FLNG
Golar LNG Limited announced it has entered into a Preliminary Agreement and exchanged Heads of Terms (HoT) for an FLNG vessel for phase 1A of the Greater Tortue / Ahmeyin field, located offshore Mauritania and Senegal.The Preliminary Agreement with BP Mauritania Investments Ltd and BP Senegal Investments Ltd creates obligations on Golar to progress FEED work and be ready for a vessel conversion from July 1, 2018 onward, which would be contingent on Project FID, expected end 2018.The vessel conversion would take place at Keppel Shipyard Ltd, building on Keppel's delivery of the FLNG Hilli Episeyo, utilizing Black and Veatch Corporation's…
GasLog: LNG Demand Grew 9% in 2018
Liquefied natural gas (LNG) is expected to have increased by 9%, from 288 million tonnes per annum (mtpa) in 2017 to 313 mtpa in 2018, said GasLog.The Monaco-based owner, operator and manager of LNG carriers said in a stock exchange announcement that China’s LNG imports increased by approximately 16 mtpa, or 41%, to 54 mtpa in 2018, driven mainly by continued coal-to-gas switching in the industrial, commercial and residential sectors.South Korea, Pakistan, Thailand and Mexico also experienced strong growth in LNG imports during 2018.