Blog Archives

Deepwater Millenium Drillship Not Moving to Brazil. Stays in Ghana

image

An ultra-deepwater rig leased by Anadarko Petroleum Corp is no longer heading to Brazil, according to rig owner Transocean Ltd . A source familiar with the matter said last month that Anadarko was considering the sale of some assets in Brazil, which include some deepwater prospects.

Transocean said on Monday its Deepwater Millennium rig would now remain off Ghana at a rate of $576,000 per day through this month, with the rest of its Anadarko contract through July 2013 now up in the air.

“Subsequent operating location is yet to be determined, and the dayrate under the contract could change depending on the country of future operations,” Transocean said in its latest fleet status report.

The Millennium had been set to move to Brazil in July to work on a daily rate of $561,000, according to Transocean’s July fleet status report.

The Switzerland-based rig contractor also said on Monday its midwater rig, Actinia, would move from Malaysia to India to work for ONGC next May, on a three-year contract with a dayrate of $190,000.

Finally, a previously idle Transocean shallow-water rig, the Harvey H. Ward, will start work next month for Pertamina off Indonesia on a $97,000-per-day deal running to May 2013.

Source: Reuters

Via: OET

Singapore: Sembcorp Secures FSRU Conversion Contract with Golar LNG

image

Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$20 million contract from Golar LNG Energy to convert the LNG Khannur, a Liquefied Natural Gas (LNG) tanker, to a Floating Storage and Regasification Unit (FSRU) to be renamed West Java FSRU.

The 125,000-cbm LNG tanker, which arrived in Jurong Shipyard recently, will be converted into a FSRU capable of producing 500 MCFD (million cubic feet per day) of gas, with a regasification capacity of approximately 3.8 MTPA (million metric tonnes per annum).

The West Java FSRU represents Golar’s fourth FSRU project for PT Nusantara Regas, a joint venture between Pertamina and PGN. On conversion completion, the vessel will be installed 15km offshore Muara Karang, Jakarta Bay, in Indonesia, where it is contracted to operate until the end of 2022, with provision for further automatic extension options to 2025 subject to certain contract conditions.

The West Java FSRU project will be Indonesia’s first LNG regasifaction terminal and represents the first FSRU project in Asia.

The contract is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of Sembcorp Marine for the year ending December 31, 2011.

Original Article

%d bloggers like this: