Exxon Mobil buys LNG to Chill Papua New Guinea Project
ExxonMobil Corp has bought a liquefied natural gas (LNG) cargo to keep its Papua New Guinea plant cold after a powerful earthquake triggered a production halt last month, several trade sources said on Monday. The cool-down cargo could be a first step toward restarting LNG production at the facility ahead of schedule or it may simply be needed to maintain operational readiness, traders said. Stopping the liquefaction process which condenses gas into a liquid at minus 162 degrees Celsius causes LNG plants to warm up…
Linde Group to Supply Reliquefaction Equipment for New Fleet of LNG Carriers
Cryostar has won an order from Samsung Heavy Industries totalling over $50m. As part of this order, Cryostar will supply on-board boil-off gas reliquefaction plants for five LNG tankers to be built by 2008. The modern membrane carriers with a cargo capacity of 265,000 cubic meters will be the largest ever built and are destined for LNG trade between Qatar and the U.S.A. The larger the vessel, the more important the boil-off gas management for the LNG. It is stored on board at -163Â° C, in order to ensure that the maximum cargo is delivered. Cryostar, who provide both the reliquefaction process design and the majority of cryogenic equipment, developed the plant's unique low power consumption technology.
Linde Group to Supply for LNG Tankers
Cryostar, a subsidiary of The Linde Group, has won an order from Samsung Heavy Industries totaling more than $50m. As part of this order, Cryostar will supply on-board boil-off gas reliquefaction plants for five LNG tankers to be built by 2008. The modern membrane carriers with a cargo capacity of 265,000 cubic meters will be the largest ever built and are destined for LNG trade between Qatar and the U.S.A. The larger the vessel, the more important the boil-off gas management for the LNG. It is stored on board at -163° C, in order to ensure that the maximum cargo is delivered. Cryostar, who provide both the reliquefaction process design and the majority of cryogenic equipment, developed the plant's unique low power consumption technology.
Wartsila Wins LNG Systems Contracts for Four Ships
A series of four LNG carriers being built by the Hudong-Zhongua Shipbuilding yard in China will feature Wärtsilä LNG reliquefaction plants and gas handling systems. The ships are owned by Bermuda based Teekay Corporation, China LNG Shipping (CLNG), CNOOC Energy Technology Co of China, and BW Gas of Norway. The contracts with Wärtsilä were issued by Hudong-Zhonghua Shipbuilding and were signed during the fourth quarter. The award of these contracts is a significant breakthrough into the Chinese market for Wärtsilä LNG reliquefaction plants and gas handling systems for LNG carriers…
Babcock’s LGE Process Enhances Dorian/Seacor LPG Vessels
Dorian/Seacor‘s liquefied petroleum gas (LPG) carriers are to benefit from the latest reliquefaction plant development from Babcock’s LGE Process, following a contract signed last month (May) for the innovative vent gas cooler enhancement to be fitted on two new very large gas carriers (VLGCs) being built for Dorian/Seacor in South Korea, with an option for a possible further three vessels. The latest plant design enhancement (patents pending) from Babcock’s LGE is based on the innovative application of known and proven technology…
Methanol Plant at Libyan Port Shut after Accidental Blast
A methanol plant in the Libyan oil port of Brega has stopped operations after an accidental explosion caused by a gas leak, an official said on Tuesday. The plant will remain shut until safe operations can be guaranteed, but it was not clear how long this would take, said Issa Mukhtar, an official at Sirte Oil Company which runs the plant. One worker was injured by the explosion which occurred early on Saturday and was caused by a leak in a natural gas heating unit, Libya's National Oil Corporation (NOC) said. Firefighters dealt with the blast, which could be heard across the surrounding area, a Sirte Oil engineer said. (Reporting by Ayman al-Warfalli Writing by Aidan Lewis; editing by David Evans)
Sovcomflot Better, Despite Challenging Year
PAO Sovcomflot (SCF Group), one of the world leaders in energy shipping and marine services to offshore oil and gas upstream projects, said that its gross revenue for the full year to 31 December 2017 grew by 3.4% to $1.43 billion. According to the statement, 2017 proved to be one of the worst years for the conventional tanker market in the last quarter of a century, with similar conditions experienced to those seen in 2011 and 1992. Conventional tanker freight rates fell by almost 50 per cent year-on-year…
News: MAN B&W Debuts ME-GI Dual Fuel Engine
MAN B&W Diesel A/S launched the ME-GI engine, a range designed for the LNG carrier market. The ME-GI design combines with the developments in the latest electronically controlled ME engines. "The LNG carrier market, like all sectors of the transportation industry, needs to control and, where possible, reduce operational expenses, while securing sound profit. We see many new opportunities in this area for cost-down solutions permitted by the increased flexibility and greater control with the ME-GI engine," Vice President of Two-Stroke Sales, Ole Grøne, said. Traditionally, LNG carriers have been driven by steam turbines that are fed from boilers fired by the boil off gas, supported by heavy fuel oil.
MAN B&W Launches Engines, Targets LNG
MAN B&W Diesel A/S launched the ME-GI engine, a range designed for the highly specialized LNG carrier market. The design builds on experience gained from the earlier MC-GI engines combined with the developments in the latest electronically controlled ME engines. The manufacturer is touting the combination of low installation and running costs for this highly specialised type of vessel makes the adoption of the dual fuel ME-GI engine from MAN B&W very attractive for owners and operators. An additional reliquefaction plant allows sale of more gas when the gas price is higher than the fuel oil price. “The LNG carrier market, like all sectors of the transportation industry, needs to control and, where possible, reduce operational expenses, while securing sound profit.
Hamworthy Secures Ethylene Carrier Job
Hamworthy Oil & Gas Systems has continued the major advance in China’s broadening gas carrier construction sector by securing more contracts for delivery of complete cargo handling systems to two liquid ethylene gas (LEG) carriers to be built at Sinopacific Offshore & Engineering Co. Ltd (SOE) in Nantong. The 12,000m3 capacity, 139m long semi-pressurised and refrigerated LEG carriers, will be incorporated in the ongoing project for the construction of six ships ordered by Luxembourg-based Jaccar Holdings/Eitzen Ethylene Carriers.
LNG Cargo from US Plant does U-turn for UK
The first liquefied natural gas (LNG) cargo exported from a new plant in the United States at Cove Point will arrive in Britain later this month as Asian spot LNG prices weaken relative to European benchmarks. The Gemmata tanker is expected to arrive at the UK's Dragon terminal on March 20, according to the local port authority at Milford Haven. As Asian spot LNG prices weakened, the tanker performed a U-turn in the middle of the Atlantic this week away from Asia and towards Europe, shipping data shows.
Tengizchevroil to Double LPG Export through Taman Port in 2018
Tengizchevroil (TCO), Kazakhstan's liquefied petroleum gas (LPG) producer and exporter, plans to raise propane and butane export through Russian port Taman in 2018 to 450,000 tonnes from 240,000 tonnes in 2017, traders said. TCO's shipments of LPG through Taman port will grow in March to about 40,000 tonnes from 27,000 tonnes in February, traders said. "TCO's LPG export through Taman port will go up to 40,000 from 20,000 tonnes per month (on average in 2017), with further growth possible," said a source in the port. OTEKO, the owner of Taman transshipment terminal, declined to comment and there was no response from TCO. International oil trader Vitol is responsible for supplying TCO's LPG via Taman terminal.
OSG Orders ME-C Engines
Overseas Shipholding Group (OSG) has ordered four 216,000 cubic meter LNG carriers at Korean yards Hyundai and Samsung. Each vessel utilises two MAN B&W ME engines for main propulsion. Each yard will deliver two vessels for the Rasgas II project for shipping Qatari gas to the UK. Main propulsion will be two 6S70ME-C engines in each vessel. The engines for the Hyundai vessels will be built by Hyundai Heavy Industries, and for the Samsung vessels by HSD. The engines will be heavy fuel burning, and the boil off gas will be returned to the tanks via onboard reliquefaction plants. The ME engine is MAN B&W’s latest electronically controlled engine, the most advanced low speed diesel engine available.
MAN Diesel & Turbo, HHI-EMD Invest in New Test Facility
As the global maritime industry steams toward ever-stricter fuel and emission rules, industry leaders such as MAN Diesel & Turbo and Hyundai continue to invest in facilities and technologies. In the most recent case, MAN D&T said today it will build a new test-engine facility in collaboration with its two-stroke licensee, HHI-EMD, the engine and machinery division of Hyundai Heavy Industries. The new venture -- located in Ulsan, Korea at HHI-EMD’s works and scheduled to open in 2019 -- will expand MAN Diesel & Turbo’s R&D test capacity and strengthen its development of dual-fuel gas engines.
BP’s LNG Carrier Fleet is Growing
BP said it will take delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers in 2018 and 2019 to support its expanding global LNG portfolio. BP’s finance partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers. The vessels will join BP’s exixting fleet to help service a 20-year liquefaction contract with the Freeport LNG facility in Texas, as well as other international LNG projects in BP’s global portfolio. “These vessels will significantly increase BP’s ability to safely transport LNG to anywhere in the world, directly supporting BP’s global natural gas strategy,” said BP Shipping CEO Susan Dio. The new ships are designed to be about 25 percent more fuel efficient than their predecessors, BP said.
An Innovative LNG Carrier Concept
Concurrent with marine industry consolidation on the ship owning, building and supply fronts, increasingly innovative vessels concepts are originating from in-house design teams sitting with the major equipment manufacturers. Single-source supplier is today’s mantra on the commercial and military fronts, with companies such as Wärtsilä leading the way. The company recently published details of an innovative new LNG carrier concept, the Wärtsilä DF-electric propulsion concept for liquefied natural gas (LNG) carriers, bringing together two technologies: electric propulsion and dual-fuel engines. The Wärtsilä DF-electric LNG carrier concept is designed for a single-screw vessel with four cargo tanks and a capacity of about 138,000 cu.
Wärtsilä to Supply FSU, Shuttle Tanker, Inert Gas Systems
Wärtsilä is to supply inert gas systems for a Floating Storage Unit (FSU) on Norway's Heidrun offshore oil & gas field, and for two supporting shuttle tankers. The FSU is owned by Statoil, the Norwegian state owned energy company, and the tankers by AET Tanker Holdings, the Singapore based petroleum transportation company. All three vessels are being built by Samsung Heavy Industries (SHI) in South Korea. The Wärtsilä contract with SHI was signed in February 2013. Delivery of the Wärtsilä equipment is scheduled for October, 2013.
Hamworthy Gets LNG Reliquefaction Order
Hamworthy has won an order from Daewoo Shipbuilding & Marine Engineering Co (DSME) to supply five liquid natural gas reliquefaction systems (LNG-RS), with a total value in the range of £15 to £20 million. The systems will be installed on five 216,000 cu. m. LNG carriers ordered by the ‘J5’ consortium of Japanese shipowners and will be delivered to the shipyard from January 2007. The ships are scheduled for delivery in 2008. Kelvyn Derrick, Chief Executive of Hamworthy plc, said: "This brings our tally of LNG-RS shipsets to 20 with an aggregate order value of over £100 million, and represents a one hundred percent market share. We have already developed a more energy-efficient system for future bids in what will undoubtedly become a more competitive market."
ABB to Equip AET's New Shuttle Tankers
ABB said it has won an order from Korean shipbuilder Samsung Heavy Industries to equip two new 125,000 DWT shuttle tankers contracted to the world's largest offshore operator Statoil ASA. Ordered by petroleum and chemical tanker owner and operator AET and scheduled for delivery in 2019, the vessels will transport oil from the Statoil fields on the Norwegian and U.K. continental shelves to land-based terminals. The two twin-skeg specialist DP2 offshore loading shuttle tankers will feature a range of ABB’s power and automation solutions, including the power distribution system Onboard DC Grid.
ABS Selected For The World's First Newbuild LPG FPSO
tank stiffening structure and suitability for partial loading. ABS offices worldwide will be involved in the project with engineering services and review being provided by staff in Houston, Yokohama, London and Hamburg. various expertise of our engineers and close coordination with our surveyors," said Phil Rynn, ABS Project Manager for the SANHA LPG FPSO. turret and mooring assessment. Mitsui & Co. Ltd. and IHI have signed the contract for the construction of the SANHA for Single Buoy Mooring Inc. of Monaco. TotalFinaElf and Agip. The project is scheduled for completion mid 2004 with the first product shipped the beginning of 2005. Installation-Depropanizer, Refrigeration and Reliquefaction Facilities, DLA, SFA, À ACCU (Minus Propulsion).
Wärtsilä to Supply Gas Handling Systems for VLEC Newbuilds
Six new 87,000 cubic meters capacity very large ethane carriers (VLECs), being built at the Samsung Heavy Industries yard in South Korea, will feature Wärtsilä gas handling systems. The contract, which includes an option for additional vessels within this series, was signed in September, and deliveries of the Wärtsilä solutions are expected to commence at the end of 2016 and complete in 2017. These vessels will reportedly be the largest ethane carriers ever built and represent a new generation of such vessels mainly transporting ethane as feed stock to the petrochemical industry.
MAN B&W Diesel to Power LNG Ships
confirmed orders for six Q-max LNG carriers. engines. carriers, each able to transport 265,000 cu. m. of LNG. operation of boil off gas to the cargo tanks. the Doosan Engine Co. Ltd. (Korea). rated at 21,770 kW at 91 rpm. with four MAN B&W Diesel 9L32/40 Holeby GenSets. 24 gensets will be built by the STX Corporation (Korea). operating on HFO in conjunction with reliquefaction plants. LNG carriers. (70%) and ExxonMobil (30%).
MAN B&W to Power LNG Carriers
The Shipping Requisition Team has confirmed orders for six Q-max LNG carriers. Each vessel will be powered by two MAN B&W Diesel 7S70ME-C electronically controlled two-stroke low speed diesel engines. These vessels will be the world’s largest LNG carriers, each able to transport 265,000 m3 of LNG. The vessel will operate with a reliquefaction plant for operation of boil off gas to the cargo tanks. All 12 MAN B&W Diesel 7S70ME-C engines will be built by the Doosan Engine Co. Ltd. (Korea). Each main engine is rated at 21,770 kW at 91 rpm. Each vessel will also be fitted with four MAN B&W Diesel 9L32/40 Holeby GenSets. The 24 gensets will be built by the STX Corporation (Korea).