Shell Starts Bonga Phase 3 in Nigeria
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) announced the start-up of production from the Bonga Phase 3 project. Bonga Phase 3 is an expansion of the Bonga Main development, with peak production expected to be some 50,000 barrels of oil equivalent, Shell said. This will be transported through existing pipelines to the Bonga floating production storage and offloading (FPSO) facility, which has the capacity to produce more than 200,000 barrels of oil and 150 million standard cubic feet of gas a day.
BW Offshore Extend FPSO Nigerian Contracts
BW Offshore has agreed an extension for their FPSO's 'Abo' and ''. The extension for Abo is with Nigerian Agip Exploration Ltd of nine months. and for Sendje Berge with Addax Petroleum Exploration Ltd of three months. These extensions have been agreed to secure operational continuity while joint work to detail longer term programs for investment and production are completed. About BW Offshore: BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore is the world's second largest contractor with a fleet of 14 FPSOs and 1 FSO represented in all major oil regions world-wide.
BW Offshore Gets FPSO Abo extension
Global provider of floating production services to the oil and gas industry BW Offshore has signed an interim extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until 30 April 2018. The short term extension has been agreed to secure operational continuity while joint work is continuing to conclude the negotiations. Two weeks ago, BW Offshore received notice from Petrobras of the exercise of a one-year extension of the contracts relating to the FPSO Cidade de São Mateus.
BW Offshore: Contract extension for Abo
BW Offshore has signed a Letter of Intent for a two years extension for FPSO Abo with Nigerian Agip Exploration Limited, an affiliate of ENI S.p.A. until Q4 2016, with options for additional seven years (until Q4 2023).
Coflexip Stena Offshore Wins Bongo Installation Deal
Coflexip Stena Offshore International has been awarded through Single Buoy Moorings (SBM) a significant part of the mooring and installation package for Shell Nigeria Exploration & Production Company's (SNEPCO) Bonga field development. This field is located in OML* 118 some 120 km offshore Nigeria's Niger Delta South West coastline in 3,600 ft. (1,100 m) of water. The field is operated by SNEPCO (55%) on behalf of Nigerian National Petroleum Company in partnership with Esso Exploration and Production Company Nigeria Ltd (20%), Nigeria Agip Exploration Ltd (12.2%) and Elf Petroleum Nigeria Ltd (12.5%). CSO International's scope will cover project management, engineering, procurement, transportation and installation of three dynamic 19-in.
Caspian Charters Vessels to Reservoir Exploration Tech
Caspian Services’ subsidiary Caspian Services Group Ltd., has signed a contract to provide three vessels to Reservoir Exploration Technology ASA (RXT), a marine geophysical company specializing in multi component seismic sea-floor acquisition. RXT recently signed a letter of intent with Agip KCO to conduct a four component 3D seismic survey over the extensive Kashagan field. Caspian Services will add two additional shallow draft survey/work vessels to its fleet to service this contract. These vessels will be drawn from the Rederij Waterweg BV fleet as part of the ongoing partnership between the two marine companies.
Shell To Spend $1B To Develop Nigerian Field
Royal Dutch/Shell plans to spend $1 billion developing the 120,000 bpd shallow water EA field off Nigeria using an innovative funding scheme. "The acreage would be developed with no investment by the government, and the private joint venture partners bearing all of the up front cost," Group Managing Director Phill Watts said. The alternative funding scheme is intended to lift the financial burden of state-run Nigerian National Petroleum Corporation - the biggest shareholder in the joint venture operated by Shell, in which Agip and Elf-Aquitaine also hold stakes. EA Field has reserves of 350 million barrels and is due to come onstream in the second half of 2002, producing 100 million standard cubic feet of gas per day in addition to oil, a Shell official said.
Chinese Petroleum Corp. Exercises VLCC Tender
Taiwan's state-owned Chinese Petroleum Corp (CPC) has bought two very large crude carriers (VLCC) of West African crudes via its September tender, a company official said on Thursday. The volumes were below CPC's usual purchase of three to four VLCCs per month. Each VLCC can load up to two million barrels each. "We have high inventories and not so much requirement," the CPC official said. The details of the tender, which closed on Monday, were still unclear. CPC usually buys an array of Cameroon, Nigerian and Congolese crudes and its regular sellers include TotalFinaElf, Agip and Chevron. For August, CPC had bought cargoes of Escravos, Djeno, Palanca, Odudu and Kole to make up three VLCCs.
$230M Offshore Contract Announced
Saibos CML, an equally-owned subsidiary of Bouygues Offshore and Saipem SpA, has been awarded a contract for the Kizomba A Development Project in Angola for an approximately total amount of $230 million (Bouygues Offshore's share: approximately $115 million). Esso Exploration Angola (Block 15) Limited (Esso), a subsidiary of Exxon Mobil Corporation, is the operator (40%). Other participants include BP Exploration (Angola) Limited (26.67%), Agip Exploration Angola B.V. (20 %) and Statoil (13.33%). Sonangol is the concessionaire. The three-year contract covers: Engineering, procurement, construction and installation of flowlines for fluid transfer and an umbilical from the FPSO (Floating Production Storage and Offloading) to supply the TLP (Tension Leg Platform) with electricity…
Daewoo Forms Joint Venture with Nigerian National Petroleum
Daewoo Shipbuilding & Marine Engineering Co Ltd will enter the shipping business by forming a joint venture company with Nigerian National Petroleum Co, Daewoo Shipbuilding said. The joint venture, tentatively named Nigeria Daewoo Shipping Ltd, will have a capital base of 10 mln usd, with Daewoo Shipbuilding owning 51 pct and Nigerian National Petroleum the rest, Daewoo Shipbuilding said. Daewoo Shipbuilding will be in charge of the management and Nigerian National Petroleum will supply crude oil for shipping. Source: Forbes
Two Patrol Vessels Delivered in Nigeria
The construction of M/V Hezekiah and M/V Lady Dora, two 35-meter offshore security patrol vessels, has been completed for an undisclosed client in Lagos, Nigeria. The vessels are designed by Incat Crowther, classed by Bureau Veritas (BV) and were constructed by Veecraft Marine in Cape Town, South Africa. The vessels are slated to provide surveillance, intervention and protection to offshore assets of the Nigerian AGIP Exploration (NAE) located in the Gulf of Guinea. The vessels are also capable of providing replenishment of crews, fuel, and potable water to the NAE offshore facilities.
The Department of the Interior's Minerals Management Service (MMS) has disbursed $65 million to six coastal states: Alabama, Alaska, California, Louisiana, Mississippi and Texas. This is the fourteenth installment in a series of annual payments based on 1985 settlement legislation regarding the allocation of royalties, rents and bonuses from certain federal offshore oil and gas leases. The 1978 Outer Continental Shelf (OCS) Lands Act Amendments provided for certain coastal states and the federal government to share revenues earned from OCS leases, generally, three to six miles beyond a state's coastal boundary. This area, known as the 8(g) zone, is named after the enabling paragraph of that legislation.
Smit Plans Heaviest Ever Sheerlegs Lift
The 3,200 tonnes lift capacity Asian Hercules II returned to Norway in June to provide additional heavy lift assistance during the decommissioning of the Maureen platform. During March, the big sheerlegs lifted, transported and landed 11 Maureen platform modules at Aker Maritime's Stord facility over a two-week period. For the second visit, Asian Hercules II arrived at Stord on June 22. The scope of work involved three lifts, including a 600 tonnes conductor frame and two lattice frames, weighing 2,950 tonnes each. The latter will be the biggest single lifts ever executed by a SMIT sheerlegs. This breaks the December 2001 record, when Asian Hercules II lifted a 2,800 tonnes drilling module for ExxonMobil's Ringhorne platform.
Horizon Offshore Secures First Contract in West Africa
Horizon Offshore, Inc. in association with its Nigerian affiliate, Horizon Offshore (Nigeria) Ltd., has been awarded a portion of Chevron Nigeria Ltd.'s Escravos Offshore Pipeline and Structural Installation 2-year Program (with an option for an additional year). Works will begin in late December 2002 or early January 2003. Horizon's pipelay barge, the Brazos Horizon, mobilized from the Gulf of Mexico and has arrived in Nigerian waters. A Marine Support Base in Port Harcourt to support this contract, with its Nigerian main offices located in Lagos. Horizon is actively bidding other work throughout the West Africa region. In addition to its Nigerian organization, it maintains offices and representation in Luanda, Angola.
Deepwater Pathfinder Awarded 11-Well Nigerian Contract
Transocean Inc. said that its ultra-deepwater drillship, Deepwater Pathfinder, has been awarded an 11-well exploration program offshore Nigeria under a drilling services sharing agreement between Nigerian subsidiaries of Devon Energy, ConocoPhillips, ExxonMobil and Royal Dutch Shell. The estimated 475-day exploration program is expected to commence by December 2004, following the rig's completion of a drilling project in the U.S. Gulf of Mexico and estimated 30-day mobilization to Nigeria. Revenues of approximately $90 million could be generated over the 475-day program, exclusive of revenues for mobilization and demobilization of the rig. The Deepwater Pathfinder is a dynamically positioned, ultra-deepwater drillship capable of operating in water depths of up to 10,000 feet.
NNPC, Daewoo in Joint Venture
After over five decades of its involvement in crude oil and gas exploration without involving in crude oil transportation, the Nigerian National Petroleum Corporation (NNPC), has signed a joint venture agreement with Daewoo Ship-building and Marine Engineering (DSME) of South Korea, to establish a world class shipping company which will be involved in crude oil transportation. Already, $10 million has been released as the initial capital for the joint venture business, which would be called Nigera-Daewoo Shipping Ltd (NIDAS). The NNPC will aquire a controlling equity interest of 51 per cent, while DSME will have 49 per cent . A release signed by Dr Levi Ajuonuma…
Keppel Secures Contracts
Keppel Shipyard has secured three new FPSO contracts worth a total of around S$160 million. These conversion contracts are from regular customers Single Buoy Moorings Inc (SBM), Prosafe Production Pte Ltd and newcomer Four Vanguard-Servicos e Navegacao Lda. The preferred shipyard of SBM in the Far East, Keppel Shipyard is expected to complete the conversion of Amazon Eagle for SBM by the second quarter of 2003. Amazon Eagle is the sixth conversion project that Keppel is undertaking for SBM, which owns and operates the world’s largest fleet of FPSO and FSO. The 307,431 dwt tanker, which has arrived in the yard, will be deployed to the Zafiro field off Equatorial Guinea upon completion.
Keppel Shipyard Completes Vanguard FPSO
Keppel Shipyard, the wholly owned subsidiary of Keppel Corporation Limited (KCL), has delivered the first Floating Production Storage and Offloading (FPSO) vessel for the joint venture of Vanguard and Premuda. Said Michael Barraclough, Managing Director of Vanguard Floating Production Limited (Vanguard), “We are very pleased with the quality of work and the safety performance of this FPSO and have decided that Keppel Shipyard should be a preferred yard to undertake future FPSO projects. Premuda and its partner Vanguard are based in Italy and United Kingdom respectively. The FPSO has been converted for their joint company, Four Vanguard SNL.
Extension of drilling contract for Bredford Dolphin
Fred. Olsen Energy ASA has, via its subsidiary, Dolphin Drilling Ltd, received notification of a contract extension from Agip Gas BV for the semi-submersible drilling rig Bredford Dolphin. The rig has been operating offshore Libya since March 2003. The extended contract is on the same terms and conditions as the current contract and includes a rig rate of approximately $64,000 per day. The extension period covers the time to drill one additional well and test and complete five sub sea wells and is expected to keep the rig employed towards the end of second quarter 2004.
Agip Rebrands as Eni Powers Ahead in North America
Agip has recently rebranded as Eni, while simultaneously announcing plans to increase penetration of its lubricant brands in North America across all industries. Gianfranco Mosconi (above) President and CEO of Eni USA R&M Co., shares the vision behind the strategy. Gianfranco Mosconi, with a Bachelor in Civil Engineering and a Master’s in Hydraulic Engineering, has been working for Eni since 1984. He started in charge of the Logistics Department; transferring to the Lubricants Business Unit were he has been in charge for Production Department and then the Supply and Sales Departments.
Shell: Force Majeure on Nigerian LNG
Shell Petroleum Development Company has declared force majeure (FM) on gas supplies to the Nigeria Liquefied Natural Gas (LNG) export facility on Bonny Island, a spokeswoman said. "The Shell Petroleum Development Company of Nigeria Ltd (SPDC) declared force majeure on gas supply to NLNG on 8 August 2016, following a leak on the Eastern Gas Gathering System (EGGS-1) pipeline through which it supplies the bulk of its gas to NLNG," a spokesman said in an emailed statement. SPDC, Royal Dutch Shell's Nigerian unit, is a joint venture with state oil company Nigerian National Petroleum Corp. They supply gas to the LNG plant. The declaration may impact exports from the facility. Reporting by Oleg Vukmanovic
Dockwise Awarded Contract for Transportation and Installation
Dockwise Ltd has been awarded the transportation and installation assistance contract of the OFP2 Topsides by Technip for the OFON Phase 2 project in Nigeria, field operated by Elf Petroleum Nigeria Ltd on behalf of the Nigerian National Petroleum Corp/Elf Petroleum Nigeria Ltd joint venture. The value of the float-over contract is in excess of $15m. The transportation and installation assistance work will be executed by Dockwise s open stern vessel Transshelf. The work is scheduled in 2010 for a period of 4 to 5 months.
Tideland Racon to Mark Nigeria's Ofon 2 platforms
Tideland Signal's -50dBm SeaBeacon 2 System 6 racon (radar beacon) has been chosen to mark the Ofon 2 offshore complex in OML 102 (Oil Mining Lease), 65 kilometers off the Nigerian coast. Feature of the SeaBeacon 2 System 6 dual-band racon are its dynamic range, sensitivity of -50dBm for both X- and S- Band, and output, making it visible from greater distances. Because of its reliability and extremely economical power consumption, it is suitable for remote, solar-powered installations as well as offshore and mains-powered installations.