Novatek, Fluxys in small-scale LNG development pact

first_imgIllustration purposes only (Image courtesy of Fluxys)Russia’s Novatek signed a memorandum of understanding with Fluxys to develop small-scale LNG projects in Europe. In addition, the two companies have agreed to join forces in developing LNG marketing in Europe and Latin America, optimizing LNG logistics, as well as other projects involving LNG.Speaking of the agreement, Novatek’s chairman, Leonid Mikhelson said it enable the company to develop new LNG markets as well as to increase the efficiency of its LNG projects, utilizing resource base on the Yamal and Gydan peninsulas.Pascal De Buck, Fluxys managing director and CEO added that small-scale LNG “ticks all the boxes to curb the carbon and health impact of heavy duty road transport, shipping and remote industry.”last_img read more

Hill Head Seawall Project Progresses

first_imgWork is progressing well on the Hill Head Seawall Project in Fareham, Hampshire, according to the Eastern Solent Coastal Partnership (ESCP) latest project update.ESCP reported that after all 150 meters of the metal sheet piles have been put in the ground, crews will now begin pouring concrete on the site.“The work will run from east to west (heading towards the Sailing Club). At each section of sea wall the concrete will be poured in several stages. The new promenade slabs and steps to the beach being added last. These works will continue through to September,” said the ESCP.When completed, the new half-a-million pound seawall will reduce the potential for coastal erosion on the cliffs behind the beach huts at Hill Head.It will also help protect both beach huts and the promenade against high waves in stormy weather, improving access to the promenade throughout the year.ESCP also added that works on the new replacement seawall will need to be completed by the end of September to avoid any environmental restrictions relating to over-wintering birds and a badger sett.last_img read more

Varun’s Ships Banned from UAE Ports

first_imgAll ships belonging to Varun Resources Limited have been banned from calling the United Arab Emirates (UAE) ports, the country’s transport authority said.India-based LPG shipowning company is a repeat offender when it comes to seafarer abandonment cases in UAE ports and waters.The latest instance of crew abandonment involves the company’s 1991-built ship Maharshi Vamandeva.The ship’s crew has been abandoned and left without basic provisions and fuel as well as lack of medical care. The LPG tanker is at anchor off Fujairah, according to its latest AIS data.The seafarers have also been denied their salaries.“We hereby urge all ports and ships’ agents to comply with this circular and stop dealing with subject company’s ships to avoid liabilities,” the transport authority added.A number of the company’s ships have been arrested in various countries due to unpaid bills.To remind, in June this year, the 2006-built crude oil tanker Ocean Mare was arrested in Singapore, most likely due to unresolved payments.In addition, the arrest of Maharshi Bhavatreya was ordered by the Bombay High Court earlier this year on the request of unpaid workers of the ship.Varun owns eight LPG carriers, majority flagged in South Korea, mostly built in the 1990s, the oldest one being built in 1982.The fleet is comprised of Maharshi Bhardwaj,  Maharshi Vamadeva, Maharshi Bhavatreya, Maharshi Krishnatreya, Maharshi Mahatreya, Maharshi Devatreya, Maharshi Atreya and Maharshi Shubhatreya, the company’s website info shows.World Maritime News Stafflast_img read more

Shanghai Dingheng Shipping on Chemical Tanker Ordering Spree

first_imgChina’s Shanghai Dingheng Shipping has embarked upon an ambitious investment campaign as it speeds up efforts to create a fleet of over 20 ships by the end of this year.Last week, the company inked a deal with Ningbo Xinle Shipbuilding Group on the construction of ten 9,000-tonne stainless steel chemical tankers. Dingheng added that it has reached a preliminary agreement with the shipyard on the construction of ten additional 6,000-tonne stainless steel chemical tankers.The delivery and financial terms of the two contracts have not been disclosed.“We will comprehensively optimize the design of this type of ships based on years of experience in practical use, apply domestic high-quality equipment as far as possible premised on keeping good general performance of ships, in an effort to create opportunities for and power the transformation and upgrading of related products in Chinese industry chain of chemical tankers,” the shipping company said.What is more, Dingheng and Ningbo Xinle Shipbuilding have also signed a 10-year bareboat charter agreement for 6 chemical tankers. These include three 7,500t coated chemical tankers, one 16,500t coated chemical tanker and two 13,200t new stainless steel chemical tankers, which will be delivered to Dingheng in the upcoming few months.In addition, the Shanghai-based shipping company, operating in Chinese coastal and international chemical transportation segment, has four 8,500t and two 13,000t chemical tankers under construction slated for delivery by the end of this year.last_img read more

Novatek, Fluxys to Build LNG Terminal in Rostock, Germany

first_imgA joint venture between Novatek and Fluxys signed a land lease agreement with the Port of Rostock for the construction of a mid-scale LNG transshipment terminal located in this German port.The envisaged facility is expected to unlock LNG as a low-emission alternative for heavy fuel oil, diesel and LPG in North and Central Europe and the Baltic Sea area.Rostock LNG GmbH joint venture intends to design, build, finance, own and operate a terminal for receiving and unloading mid-scale LNG carriers from the Cryogas-Vysotsk liquefaction facility that Novatek is currently constructing in the Port of Vysotsk near the Saint-Petersburg area.In addition, the JV will provide services to enable downstream distribution of LNG — reloading to supply LNG amongst other as bunker fuel for ships operating in the Baltic Sea as well as truck loading.The new facility will have a capacity of approximately 300 thousand tons per annum.“One of our LNG strategic initiatives is to develop small- to medium-tonnage projects to target niche markets and customer segments (…) This approach allows us to build effective marketing channels on different markets. Moreover, the LNG Terminal at Rostock allows us to market LNG as a marine fuel and motor fuel instead of diesel and fuel oil that will contribute to decreasing emissions and improving the environment,” Leonid Mikhelson, Novatek’s Chairman of the Management Board, said.“Gas and gas infrastructure are key to develop a sustainable, reliable and affordable energy system and the Rostock project will allow industry, ship owners and haulage companies to significantly cut emissions impacting health and air quality as well as reducing their carbon footprint,” Pascal De Buck, Managing Director of Fluxys, commented.Following the signature of the land lease agreement, Rostock LNG GmbH (Novatek 49% – Fluxys 51 %) is to proceed with the engineering and permitting processes.last_img read more

Energean sells 5.5 BCM of Karish/Tanin gas to IPM

first_imgGreek oil and gas company Energean has signed a Gas Sales and Purchase Agreement with I.P.M. Beer Tuvia Ltd. (“IPM”) to supply an estimated 5.5 BCM of gas from its Karish and Tanin FPSO offshore Israel over a period of 19 years.The contract is subject to necessary approvals and is contingent on results of the 2019 drilling program, which includes the drilling of four wells in Israel and will start with the spud of Karish North in March 2019, targeting 36.8 BCM (1.3 Tcf) of gas with a volume-weighted geological chance of success of 69%.The agreement adds between 0.265 and 0.38 BCM/yr of gas sales, commencing in approximately 2024. Energean estimates that the deal will contribute revenues of roughly $0.9 billion over the life of the contract. Energean may supply IPM with limited volumes between 2021 and 2024.  IPM holds an option to increase volumes up to 0.55 BCM/yr.Energean has now signed GSPAs for 4.6 BCM/yr from its Karish and Tanin FPSO, which is being built with a total capacity of 8 BCM/yr. Energean targets filling the remaining 3.4 BCM/yr of FPSO spare capacity in the medium term, which it believes will deliver attractive incremental economics, the company said.IPM is an Independent Power Producer that will supply the national power grid and large private consumers with power. IPM is building a new power plant that is due to start operating in 2H 2020, and gas purchased from Energean will provide part of the total quantity of gas required for its operations. The remaining gas supply will be purchased in accordance with IPM’s existing Gas Agreements.The Karish and Tanin development remains on track for first gas in 1Q 2021, Energean said.Mathios Rigas, CEO of Energean Oil & Gas said:“This additional Gas Sales Agreement aligns with Energean’s strategy to secure offtake for the remaining spare capacity in our 8 BCM/yr FPSO and to commercialize the resource being targeted by our upcoming drilling programme, providing competition and energy security to the Israeli domestic market.“The signing of this contract ahead of results from our 2019 drilling programme demonstrates not only the attractiveness of the Karish and Tanin fields but the strong incremental demand that we have identified for our gas and we will continue to target additional sales. Our future sales contracts will target both the growing domestic and regional export markets, delivering attractive incremental economics for all of our stakeholders.”last_img read more

UK: Buzzard field still offline after second shutdown this month

first_imgThe CNOOC Petroleum Europe Limited-operated Buzzard field, located in the UK North Sea, remains shut in a week after its second shutdown this month. Buzzard field; Source: CNOOC PetroleumThe Buzzard field was initially shut down in early October for repairs of a defect on topsides pipework.Following repairs, the field restarted production, but it had to be shut down again on October 16 after an inspection found that the integrity of the repair had been compromised.At the time, the operator said that normal operations were expected to resume once the repair was complete.When asked about the status of the field and the repairs, a spokesperson for CNOOC Petroleum Europe Limited told Offshore Energy Today on Wednesday: “The topsides pipework defect is currently being repaired. Normal operations are expected to resume once the repair is complete.”The Buzzard field is located about 96 kilometers northeast of Aberdeen, in approximately 96 meters of water.In 2017, CNOOC announced the Buzzard Phase II project. The project was sanctioned in August 2018. It involves the construction of a subsea development approximately five kilometers north-east of the Buzzard platform. This will comprise a 12-slot production and water injection subsea manifold that will be tied back to the existing Buzzard complex. The first oil is expected in 2021.CNOOC Petroleum Europe Limited is the operating partner of Buzzard (43.21%), with Suncor Energy (29.89%), Chrysaor (21.73%), Dyas Exploration UK Limited (4.70%), and Oranje-Nassau Energie Resources Limited (0.46%) also holding interests in the field and its facilities.Offshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product, or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.last_img read more

MHI Vestas 9.5MW Prototype Turbine Stands in Østerild (Video)

first_imgThe V174-9.5MW prototype builds on the V164 platform with limited design changes. With 85m blades, the turbine has a tip height of 197m. Source: MHI Vestas The 934MW order pipeline for the 9.5MW turbine comprises projects in Europe and Asia Pacific. The first units are scheduled for commercial installation at the Baltic Eagle and Arcadis Ost 1 offshore wind projects in Germany in 2022. The MHI Vestas V174-9.5MW prototype turbine has been installed at the Østerild National Test Centre in Denmark. “The construction of the V174-9.5 MW prototype at Østerild is a much-needed signal that Denmark aims to retain leadership in the wind sector’s industrial testing and verification programs,” said MHI Vestas CTO Torben Hvid Larsen. “Now, with our latest flagship turbine constructed, we look forward to putting the turbine through its paces ahead of our first commercial projects.” According to MHI Vestas, the robust test program at the Danish test center will enable the thorough monitoring of the reliability and performance output of the flagship offshore wind turbine. last_img read more

Smulders sends off first transition pieces for Yunlin offshore wind project

first_imgThe first four out of 40 transition pieces left the company’s yard in Hoboken, Belgium, towards Vlissingen, the Netherlands, last week. The 640 MW project is 73% owned by wpd and 27% owned by a Sojitz Corp-led consortium which includes Chugoku Electric Power, Chudenko Corporation, Shikoku Electric Power, and JXTG Nippon Oil & Energy Corporation. Smulders has sent off the first four transition pieces destined for the Yunlin offshore wind project in Taiwan. In Vlissingen, the units will be loaded for their voyage to Taiwan.center_img The Yunlin offshore wind farm will feature 80 Siemens Gamesa 8 MW turbines installed some 8km offshore and scheduled to come online in 2021. Source: Smulderslast_img read more

RADIO NZ: The Panel on Family First’s Charitable Status

first_imgThe Panel with Duncan Webb and Gordon McLaughlin 6 May 2013 The Family First lobby group is reported to be disappointed at the news it’s about to have its charitable status taken away; and Health authorities in South Auckland are urging anyone who has had dental treatment from an unregistered dentist to contact a hospital as soon as possible.Discussion starts at 7’48”last_img

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