Daily Archives: December 2, 2011

Hoegh LNG, DSME to Work on LNG FPSO for Israel’s Tamar Field

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Höegh LNG Holdings Ltd. has entered into an agreement with South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (“DSME”) to start a project specific front-end engineering design (FEED) of an LNG FPSO solution for the Tamar gas field offshore Israel.

This agreement follows the recent announcement of the agreement between DSME consortium, DSME and its Norwegian joint venture D&H Solutions AS and Tamar field owners, Noble Energy, Delek and Isramco to exploit part of the Tamar field by use of an LNG FPSO.

The agreement states that Höegh LNG with selected partners shall be the owner and operator of the LNG FPSO and that DSME shall be the EPCIC contractor, subject to further engineering work and a final investment decision.

President and CEO, Sveinung Støhle, says: “We are excited about initiating the engineering work for an LNG FPSO to monetize the gas reserves in the Tamar field in Israel based on Höegh LNG’s already developed design. This is a result of Höegh LNG’s continuous effort over the past five years to promote technical and economical sound floating solutions for LNG production. We are pleased to work with DSME and the Tamar field owners in jointly developing one of the first LNG FPSOs to come to market. DSME has been our partner for several years and we are confident that together with the other Tamar partners we will design, construct and operate an excellent solution for bringing the Tamar gas to the market.”

Tamar gas field is located some 80 km west of Haifa in waters 5,500 feet (1,700 m) deep. The gross resource estimate of Tamar has been increased to 9 Tcf from 8.4 Tcf as a result of appraisal work, Noble Energy said recently in a press release.

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Ukraine: Zaliv Launches Ulstein Design PSV Hull

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The hull for yno 294 at Ulstein Verft, a platform supply vessel of design type ULSTEIN PX121 for Blue Ship Invest, was launched by Zaliv shipyard in Ukraine on 30. November.

“This hull is hull number 500 from Zaliv, and this special occasion was celebrated with a great many invited persons”, comments project manager Per Svein Brekke from ULSTEIN. He was present along with the ship owner representative Odd Nordam and ULSTEIN´s site team in Ukraine, which consists of Magnar Kvamme, Anders Sundgot, Paul Myrvågnes, Igor Kogan, Yuriy Stoyev and Yuliya Sydorova.

Tow starts around mid-December, and is expected to arrive Ulstein Verft in January. The ship is scheduled for delivery in the third quarter of 2012.

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Shell Exits Syria amid Fresh Sanctions

Coat of arms of Syria -- the "Hawk of Qur...

 

LONDON (Dow Jones Newswires), Dec. 2, 2011

Shell said Friday it will pull out of Syria amid a wave of tighter sanctions against President Bashar al-Assad‘s regime following his violent crackdown on protesters.

A spokesman for the Anglo-Dutch energy giant said: “Shell will cease its activities in Syria in compliance with sanctions. Our main priority is the safety of our employees of whom we are very proud. We hope the situation improves quickly for all Syrians.”

The European Union Friday expanded measures against Assad’s rule to include the Syrian oil and gas industry, including the state-owned General Petroleum Corp. and Syria Trading Oil, or Sytrol.

Shell has interests in three production licenses in Syria covering some 40 oil fields, with its share of production in 2010 approximately 20,000 barrels of oil equivalent a day. It also has exploration interests in the south of the country.

Payments from the government for oil produced in the country, to Shell and other companies, have been interrupted as Syria’s cash reserves continue to dwindle. According to Egbert Wesselink of Dutch charity IKV Pax Christi, Shell hasn’t been paid for the last week at least.

He said Shell’s decision to leave Syria was likely due to a combination of sanctions and reduced payments from Syria’s national oil company.

“Shell isn’t really operational there right now anyway. The effect of this will mean oil production will go right down,” said Wesselink, adding that storage facilities at the country’s export terminals are almost overflowing with crude as Syria runs out of markets to sell to.

Syria pumps about 370,000 barrels of oil a day, about 150,000 of it exported, according to the International Energy Agency. Those exports make up about one-third of Syria’s export income–and nearly all of it is sold to Europe.

“Now sanctions are working, the European boycott is effective,” he said. The country had even tried to switch to selling to Asian buyers instead, Wesselink said, but none of them were prepared to take it.

Shipbrokers who track the passage of oil globally said that exports from Syria have been virtually non-existent in the last two months, while Asian buyers spoken to by Dow Jones Newswires this week said they had no interest in lifting the country’s oil.

Copyright (c) 2011 Dow Jones & Company, Inc.

by  Alexis Flynn

Dow Jones Newswires

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Russia Delivers Anti-Ship Missiles To Syria Regime

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Russian Defense Minister Anatoly Serdyukov

Russia‘s Interfax news agency, quoting what it describes as a diplomatic source in Moscow, has reported that Russia has delivered anti-ship cruise missiles to Syria‘s regime.

No official confirmation or denial of the report was immediately available. The report quotes the source as saying Russia had supplied to Syria Yakhont supersonic anti-ship cruise missiles, as part of Bastion mobile coastal missile systems.

The report does not say when the deliveries took place or how many missiles have been delivered, but says the contract was worth around $300 million.

It says Russia believes the weapons will allow Syria to protect its entire coast from a potential seaborne attack.

The report quotes Russian Defense Minister Anatoly Serdyukov as saying in February that Moscow intended to fulfill the contract, despite opposition to the deal from Israel and its ally the United States.

The United Nations says that more than 4,000 people have been killed since protests against Syrian ruler Bashar al-Assad erupted in mid-March, and that the conflict has now evolved into a “civil war.”

Russia, a traditional ally of the Syrian regime, has helped block moves for UN sanctions targeting Syria over the bloodshed.

compiled from agency reports

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USA: Harvey Gulf Orders CAT DEP Generators for SV-310 Offshore Vessel

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Caterpillar Marine Power Systems has been selected to provide four Cat® 3516C Diesel Electric Propulsion (DEP) generator sets for the SV-310 multi-purpose offshore construction and supply vessel (MPSV) for Harvey Gulf International. Each 3516C DEP generator set will provide 2250 ekw @ 1800 rpm of power. Incorporated into the engine design are CleanAIR aftertreatment solutions, enabling the vessel to qualify as United States EPA Tier 4 compliant in addition to meeting the EPA Tier 3 and IMO II regulations.

“We are pleased to collaborate with Harvey Gulf to provide sustainable power solutions for their Gulf of Mexico operations,” said John Shock, Caterpillar Marine Power Systems sales manager. “Caterpillar was able to create a factory-supported, design-to-order package for Harvey Gulf that will afford the vessel increased operational flexibility in highly-regulated waters.”

Harvey Orders CAT DEP Generators for SV-310 Offshore Vessel

The 3516C EPA Tier 3 generator set is a vee-16 cylinder with a 170 millimeter bore by 215 millimeter stroke and 78.08 liter displacement. The 3516C diesel electric propulsion generator sets offer the latest in EUI fuel system capabilities and state-of-the-art ADEMTM A4 Electronic Control Units (ECU) to create efficiencies between the control units, unit injectors, instrumentation and displays to perfectly balance power supply, fuel consumption and exhaust emissions at any given load.

The SV – 310 is a 302-foot MPSV vessel currently being constructed by Eastern shipyard for Harvey Gulf. Based in New Orleans, Louisiana, Harvey Gulf specializes in providing the deepwater Gulf of Mexico with environmentally-friendly offshore supply vessels. “We are pleased to partner with Caterpillar to be able to deliver the first United States-flagged deepwater construction vessel to the market,” Shane Guidry, Harvey Gulf International CEO commented. “The Harvey Deep Sea is capable of deploying 100 tons to water depths of 3,000 meters at a deck hook-height of 129 feet while simultaneously delivering 18,000 barrels of liquid mud, 10,500 cubic feet of cement, 1,700 barrels of methanol and 4,000 tons of deck cargo.”

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USA: FMC Technologies Inks Global Alliance Agreement with Anadarko Petroleum

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FMC Technologies, Inc.  announced that it has signed a global alliance agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for their worldwide subsea development projects.

In 1999, FMC supplied equipment for Anadarko’s first subsea project, North Garnet, in the Gulf of Mexico. Since then, the companies have collaborated on other projects including Independence Hub, the largest natural gas processing facility in the Gulf, and FMC has also supplied Anadarko with the industry’s first subsea wellhead qualified at a pressure rating of 20,000 psi.

“An alliance has been in place with Anadarko and its legacy companies since 1992 to support their Gulf of Mexico exploration and production projects,” said John Gremp, FMC Technologies’ Chairman, President and Chief Executive Officer. “Today’s announcement will allow FMC to broaden its support of Anadarko’s expanding exploration and production activities worldwide, including recent discoveries offshore the East and West coasts of Africa. Anadarko has an extensive deepwater program, and we are pleased to strengthen our relationship through this global alliance.”

FMC Technologies, Inc. is a leading global provider of technology solutions for the energy industry. Named by FORTUNE® Magazine as the World’s Most Admired Oil and Gas Equipment, Service Company in 2010, the Company has approximately 13,500 employees and operates 27 production facilities in 16 countries. FMC Technologies designs, manufactures and services technologically sophisticated systems and products such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.

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