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Sunday, June 24, 2018

Perenco News

Smit Lamnalco Welcomes New Vessels in Gabon

Welcoming ceremony

A welcoming ceremony was held for two newbuild vessels SL Gabon and SL Libreville at Port‐Gentil, Gabon on April 17. Among those attending the ceremony were the Minister Delegate of Transport Mr. Emmanuel Jean Didier Biye, the Governor of the Ogooué Maritime Province Mr. Martin Boguikouma, the Prefect of the Bendjè Department Mr. Joseph Mouele, Total Gabon Chief Executive Officer Mr. Benoît Chagué and Smit Lamnalco Chief Executive Officer Mr. Daan Koornneef. SL Gabon and SL Libreville have been contracted for a five year period by Total Gabon.

Golar FLNG Nearing Completion

Golar'LNG says that the FLNG Hilli Episeyo conversion is nearing completion. "The conversion of Hilli Episeyo is progressing to a tight but achievable schedule," said a company statement. All equipment has been installed and testing and precommissioning work is underway and will continue in Singapore until departure from the yard, which is expected to be in around six weeks. Seawater trials, storing-up and potentially LNG bunkering in Singapore will follow redelivery from the yard. A naming ceremony has been scheduled for July 2. The mooring has now been completed and is en-route to Cameroon in advance of hook-up and initiation of commissioning and production at the end of September. Perenco are on track with their scope of works.

Drilling in Safety with AMOS2

BassDrill Management Inc. (an American company formed to design, fabricate & operate safe & efficient drilling equipment) has recently opted to use AMOS2 Enterprise Management Suite software and have SpecTec provide many of the general application activities that might be provided by a typical AMOS Administrator. With their use of AMOS in the office going strong, BassDrill has made the strategic decision to implement AMOS 2 on  tender unit drilling  ‘BassDrill Alpha’ (Classification: ABS +A1 Barge), delivered on January 2010  and currently committed to Perenco. BassDrill Alpha has been working with Perenco in the Republic of Congo since October 2010.

Keppel Shipyard Secures S$142 Million Contracts

Keppel Shipyard Ltd (Keppel Shipyard) has secured three conversion contracts worth a total of S$142 million. These conversion contracts are to convert a Liquefied Natural Gas (LNG) Carrier to a Floating Storage Unit (FSU), a VLCC tanker to a Floating Storage and Offloading (FSO) unit as well as a tanker to a Floating Production Storage and Offloading (FPSO) unit. Mr Nelson Yeo, Managing Director of Keppel Shipyard, said, "We are glad to have the trust and confidence of the global industry for a range of conversion projects. Working closely with our customers, we will continue to enhance and extend our capabilities, and ensure safe and high quality deliveries." The first contract is for the fast-track conversion of the LNG carrier Tenaga Empat into a FSU for Malaysian customer MISC Berhad.

Keppel Bags $85 Mln Conversion and Repair Projects

Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), won four contracts worth a total of $85 million for the conversion, repair and modification of vessels. The first contract is from Dixstone Holdings Ltd, for the conversion of the M/T Tempera into an FPSO. Keppel Shipyard's job scope includes the installation of topside process skids as well as a new accommodation module, amongst others. Work is expected to commence in 3Q 2017 and upon its expected delivery in 3Q 2018, the FPSO will be deployed to the Yombo field operated by Perenco off the Republic of Congo, Africa. It will replace the FPSO Conkouati which has served the field for more than 25 years and was also converted by Keppel Shipyard in 1991.

Keppel to Deliver World's First Converted FLNGV

Photo: Keppel Offshore & Marine

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), will soon deliver the world's first converted Floating Liquefaction Vessel (FLNGV) owned by Golar Hilli Corporation (Golar), a subsidiary of Golar LNG Ltd. The vessel was named Hilli Episeyo at a ceremony in Keppel Shipyard today. Upon its completion, the FLNGV will be put in operation offshore Kribi, Cameroon for Société Nationale des Hydrocarbures and Perenco Cameroon SA, and will be the first FLNGV project in Africa.

Golar Moves Ahead with lucrative FLNG Project in Cameroon

Golar has four operational FSRU projects.

Golar LNG Limited inform that with regards the signing of a Heads of Agreement with Societe Nationale de Hydrocarbures ("SNH") and Perenco Cameroon ("Perenco") for the development of a floating liquefied natural gas export project in Cameroon that took place on 24 December 2014 an agreement has now been reached with the support of the Boards of both Golar and Perenco on the material commercial terms and conditions for the project. The Tolling Agreement which defines the material commercial terms and conditions for the project is now subject to finalisation with SNH and government approval.

Golar LNG Partners in FLNG Hilli Episeyo Stake Acquisition

Photo: Golar LNG Partners

Golar LNG Partners announced that it has entered into a purchase and sale for the acquisition from Golar LNG Limited and affiliates of Keppel Shipyard and Black and Veatch of equity interests in Golar Hilli LLC, which will, on the closing date of the Acquisition, indirectly own the FLNG, Hilli Episeyo. The Acquired Interests represent the equivalent of  50% of the two liquefaction trains, out of a total of four, that have been contracted to Perenco Cameroon SA and Societe Nationale Des Hydrocarbures for an eight-year term.

Golar Acquires Financing for GoFLNG

Golar LNG

Golar LNG Limited announced today that it has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd ("CSSCL") in relation to a conversion financing and sale and leaseback transaction for the GoFLNG Hilli. The financing structure will fund up to 80% of the project cost and will be split into two phases. The first phase enables Golar to drawdown up to $700m from the facility to fund the ongoing conversion cost, once Golar…

Bibby Offshore Wraps up North Sea Work

Barry Macleod, UKCS managing director at Bibby Offshore (Photo: Bibby Offshore)

Perenco appointed Bibby Offshore to perform subsea integrity inspections and maintenance works on the Inde Joint pipeline, which runs to the Bacton Gas Terminal in the Southern North Sea. Completed in early July, the 15-day workscope saw Bibby Offshore install a total of 94 concrete mattresses over the pipeline to assist in preserving the remaining rock dump mounds. The second workscope, completed in late July, saw Endeavour Energy UK contract Bibby Offshore to carry out subsea tree inspections in the Renee and Rubie fields located in blocks 15/27 and 15/28 of the Central North Sea.

Claxton Remember Past North Sea Subsea Engineering Feat

Claxton logo

Claxton Engineering Services Ltd, a member of the Acteon Group’s risers, conductors and flowlines business, has celebrated the 10th anniversary of its success with the world’s first rigless platform well abandonment operation. In that first rigless abandonment project, at the Perenco Well A1 in the Leman field, southern North Sea, Claxton used a custom conductor reaction recovery system designed and manufactured specifically to interface with the Leman platform and to retrieve and handle well trees and tubulars. Its full casing recovery package was also required.

FLNG Hilli Episeyo Departs Singapore Early

Golar LNG Limited said today that its floating liquefied natural gas (FLNG) vessel Hilli Episeyo departed Singapore for Cameroon earlier than anticipated, leaving at 10 a.m. local time on October 12.   Hilli Episeyo was scheduled to leave Singapore between October 15 and October 20, but Golar LNG said a decision was made to complete LNG bunkering in Cameroon rather than in Singapore. The voyage to Cameroon is expected to take between 32 and 40 days.    The world’s first FLNG conversion, Hilli Episeyo was converted from a 1970s-built LNG carrier by Keppel Shipyard. The vessel will go to work offshore Kribi, Cameroon for Société Nationale des Hydrocarbures and Perenco Cameroon.

Aker Solutions Awarded Penenco UK Contract

Photo credit Aker Solutions

Aker Solutions secures 3-year £18-million (GBP) Perenco UK contract extension for onshore and offshore operations & maintenance services. The contract is valid for three (3) years, with an optional two (2) year extension. The agreement includes provision of operations, maintenance and technical support personnel for Perenco at its on and offshore assets in the southern North Sea. More than 80 Aker Solutions employees are currently involved in delivering work for Perenco UK with the majority based offshore.

Aker Solutions Secures Contract with Perenco UK

Aker Solutions has secured a three year contract extension worth £18million (GBP) to provide onshore and offshore operations and maintenance services to Perenco UK. The agreement includes provision of operations, maintenance and technical support personnel for Perenco at its on and offshore assets in the southern North Sea. More than 80 Aker Solutions employees are currently involved in delivering work for Perenco UK with the majority based offshore. The contract is valid for three (3) years, with an optional two (2) year extension.

Expro Awarded Contract Extension in Cameroon

Leading international oilfield services company Expro is celebrating a significant contract extension with Perenco in Cameroon. The award is an extension of services from a previous well campaign and will last for the duration of one year. Expro will provide an extended well test, data acquisition services and its drill stem testing (DST) package including Expro’s CaTS™ wireless telemetry technology which will be utilised as a surface read-out system. Work will take place across two exploration and appraisal (E&A) wells in the Lungahe and Elombo fields and two development wells in Dissoni. Expro’s Southern & West Africa region director, Riccardo Muttoni, said: “Perenco is pressing ahead with major development plans in Cameroon and the neighbouring areas.

Perenco Negotiates with Ecuador Government

Perenco Ecuador Limited has called on the Government of Ecuador to cease efforts to sell oil seized from Blocks 7 and 21 in defiance of orders by international arbitration tribunals, and instead to seek a negotiated solution to the dispute concerning the applicability of Law 42. Perenco Ecuador is the Operator of the two blocks in question. On February 19, 2009, the Republic of Ecuador and its oil company, Empresa Estatal Petroleos del Ecuador ("Petroecuador"), commenced a coercive process to collect from Perenco approximately $327 million they claimed were due under a 2006 Ecuadorian law ("Law 42") by which the government asserts a right to 99% of the oil revenues above an arbitrary "reference price."  In March 2009…

Golar Cameroon FLNG Project Update

Golar LNG Limited announced its Cameroon FLNG project has received approval and signature of the binding Tolling Term Sheet thereby confirming the commercial terms for the FLNG vessel Golar Hilli.   Cameroon's state owned oil and gas company Société Nationale des Hydrocarbures (SNH), Perenco Cameroon (Perenco) and Golar are all parties to the executed agreement. Operations are scheduled to begin in the second quarter of2017.

Polarcus Awarded 3D Project Off West Africa

Polarcus Nadia (Photo: Polarcus)

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project, to be acquired by Polarcus Nadia and subject to the execution of a service contract, will commence in the first quarter of 2015 and is expected to run for approximately 21 days.

Golar LNG Partners Updates on Acquisitions

Photo by Golar LNG Partners LP

Golar LNG Partners announced that it had entered into an agreement to acquire an equity interest in FLNG Hilli Episeyo last year. Equivalent to 50% of the two contracted liquefaction trains, out of a total of four, the common units also include a 5% stake in any future incremental earnings generated by the currently uncontracted expansion capacity but do not include exposure to the oil linked component of Hilli's tolling fee. FLNG Hilli Episeyo arrived in Cameroon in late November.

Keppel Wins S$100m Contracts

FPSO Umuroa has been delivered to Prosafe Production. Keppel Shipyard Ltd (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has been awarded two conversion contracts, worth a total of S$100 million, one by Prosafe Production Pte Ltd, and the other by Shipping Logistics Incorporated for a long term charter to Perenco S.A. The first contract awarded by Prosafe is for the conversion of a 101,832 dwt double-sided tanker, MT Kudam, into a Floating Production Storage and Offloading (FPSO) facility. Subic Shipyard & Engineering Inc (SSEI), an associate of Keppel Shipyard, will carry out the first phase of this FPSO conversion.

Production Floaters Orders Are on the Rebound

© sadagus/Adobe Stock

Fifteen production floaters were contracted in 2017 – 11 FPSOs, two production semis, a wellhead TLP and an FLNG – and the number of deep water projects in the near-term planning queue indicates production floater orders are set to accelerate. This is a big change from 2016 when orders for new units totally dried up and the deepwater future looked pretty bleak. Here’s a round-up of contracts awarded last year and in January 2018. Tempera FPSO - Keppel in January 2017 received a contract from Dixstone Holdings…

Singapore’s Shipyards Reflect Booming FPSO Trend

Traditional shipyards in Singapore are benefitting from booming oil and gas business, as work orders flow in for Floating Production Storage and Offloading (FPSO) and Floating Storage and Offloading (FSO) conversions, states a new report by business intelligence experts GBI Research. The new report  cites Singapore as the location of around 70% of conversions for the FPSO industry globally, with traditional shipyards such as Keppel, Sembawang, Jurong, and ST Marine fully equipped and responding to substantial demand for FPSO conversions, in addition to the regular ship repair work orders. In July 23, 2012, Keppel shipyard won three conversion contracts worth US$82m from Petro Vietnam Technical Services (PTSC) Asia-Pacific Pte Limited, Perenco Group, and BC Petroleum.

Vryhof Anchors Announces Stevshark Rex Contracts

Stevshark Rex (Photo: Vryhof Anchors)

Vryhof Anchors, a Vryhof company, has announced a number of contracts for its’ Stevshark Rex anchoring solution with Anglo-French independent operator Perenco and its Congolese subsidiary Perenco Congo SA; Maersk Drilling in Trinidad; and international EPC contactor CNGS Group. In addition, two Stevshark Rex’s will also be deployed by Jan De Nul Group, a dredging, offshore, civil and environmental contractor.The contracts confirm the Stevshark Rex - with versions ranging from three to 60 metric tons (mT) - as the new industry standard in hard soils…

Maritime Reporter Magazine Cover Jun 2018 - Green Marine Technology

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