ADNOC, AG&P Agree FSU Lease for Philippines First LNG Terminal Launch in July
The logistics arm of state oil firm Abu Dhabi National Oil Company (ADNOC) will supply a floating storage unit to LNG logistics company AG&P to launch the Philippines' first LNG import terminal in July, the companies said on Wednesday.Singapore-based Atlantic, Gulf & Pacific International Holdings (AG&P) signed an 11-year charter agreement, extendable by four years, to convert ADNOC Logistics & Services (ADNOC L&S) liquefied natural gas (LNG) carrier ISH into a floating storage unit (FSU) for…
K Line, FueLNG Team-up on LNG Bunker
Japanese shipping firm Kawasaki Kisen Kaisha (K Line) has announced that it has concluded a ship management agreement with FueLNG Pte Ltd for a 7500 m3 LNG bunkering vessel (LBV).FueLNG will own and operate the vessel, as well as carry out all commercial operations, said K Line press statement.The partnership will combine K Line’s extensive ship management and LNG transportation experience with FueLNG’s LNG bunkering expertise, which includes more than 160 truck-to-ship LNG bunkering operations conducted to-date.
Bahri Profits Up in Q3
The owner and operator of very large crude carriers Bahri announced strong financial results for the third quarter ended September 30, 2019, on the back of solid growth in the logistics services sector.The National Shipping Company of Saudi Arabia said that its net profits soared 80.52 percent to SAR 146.73 million (USD 39.12 million), from SAR 81.28 million in the corresponding quarter in 2018, primarily due to an increase in returns of several operating segments.Bahri’s revenues during the three-month period between July and September jumped 6.28 percent to SAR 1.48 billion…
ADNOC Logistics Joins LNG MFI
The LNG Marine Fuel Institute, a non for profit organization based in Perth, announced the membership of ADNOC Logistics & Services with the growing coalition of companies committed to Australian LNG is the primary marine fuel in transition to carbon free shipping.Captain Mohamed Al Ali, Senior Vice President - Ship Management at ADNOC Logistics & Services said: “Our partnership with LNG MFI will add value for the development of LNG as a marine fuel, contributing in supporting the marine industry in Australia and neighbouring countries…
Infinity, Medserv Form Services JV
Aberdeen-based Infinity Oilfield Services and Malta-based Medserv have formed a new joint venture named InMedCo, to provide a broader portfolio of highly specialized technical services to the oil and gas market.The InMedCo joint venture combines Infinity’s technical and engineering expertise with Medserv’s integrated logistics capability and quayside facilities in Malta and Cyprus.The company provides inspection, repair, upgrade and refurbishment of topside and drilling equipment for platforms…
Chinese, Russian Majors Ink Arctic LNG Deal
Russia's second largest natural gas producer Novatek, Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot, Chinese state-owned shipping and logistics services supplier company COSCO Shipping Corporation Limited, and the Chinese government owned investment fund Silk Road Fund, signed a four-party agreement to establish a joint venture Maritime Arctic Transport LLC.The focus of the Maritime Arctic Transport joint venture is to manage an icebreaking tanker fleet of Arctic ice-class vessels…
Rhenus Commences Borssele Alpha Supply
Rhenus Offshore Logistics has completed its first supply trip to the 700MW Borssele Alpha offshore platform in the Dutch North Sea.Rhenus has taken over the complete supply logistics for its customer, HSM Offshore, during the installation work on the Borssele project and is supplying the Borssele Alpha offshore platform with building materials and tools as well as water, food and articles in daily use.Rhenus is providing all the logistics services that are required for the project, including the supply trips, handling at the port, customs clearance and waste disposal.
ExxonMobil Inks Preliminary Wilhelmshaven FSRU Deal
German utility Uniper on Friday said ExxonMobil had signed a preliminary deal to take a substantial share of the regasification capacity at a liquefied natural gas (LNG) floating terminal planned for Wilhelmshaven."The heads of agreement (a non-binding draft) is an important step towards the realization of the Wilhelmshaven floating storage and regasification (FSRU) project," said Keith Martin, Uniper's chief commercial officer."The FSRU will provide LNG companies from the United States, but also other countries from around the world…
LNG REPORT: LNG Bunkering Vessels Rise to Nine, 30 More to Come
The liquefied natural gas (LNG) bunkering infrastructure is expanding globally and there are increasing numbers of LNG-bunker vessels which are encouraging other operators to adopt LNG.According to SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, from limited availability at select ports, LNG bunkering has grown to encompass 24 out of the world’s top 25 and all but one of the top ten bunker ports globally."The…
Adnoc Fleet Slashes Carbon Emission 23%
Adnoc Logistics & Services (Adnoc L&S) announced that it has reduced fuel consumption and carbon emissions by 23% across a fleet of 27 vessels.The marine and logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc ) said in a press release that the ‘Al Daffah Energy Efficiency Project’ is one of many ongoing initiatives by the shipping and logistics giant to deliver greater operational efficiency and a more competitive offering to its customers.As the owner and operator of 27 shipping vessels and a total fleet of 122 shipping and offshore vessels…
ADNOC, Inpex in LNG Bunkering Pact
ADNOC Logistics & Services (ADNOC L&S), a wholly-owned subsidiary of UAE's ADNOC, has signed an agreement with Japan's Inpex Corp to collaborate on LNG bunkering activities.Under the agreement, ADNOC L&S and Inpex will explore opportunities for LNG bunkering in the UAE as well as the potential to jointly expand LNG bunkering activities to cover other regions, including Southeast Asia, said a press release from the Abu Dhabi-based integrated shipping and logistics company.The use of LNG as a fuel…
CWT Solar Project in Port of Amsterdam
More than 41,000 solar panels will generate sustainable energy in the Port of Amsterdam for logistics services provider CWT. Spread across five locations, the panels will together form the largest solar project in Amsterdam.In addition to transport and sea shipping operations, CWT is active in the Port of Amsterdam in fields including storage of cocoa and coffee. In order to carry out these activities in a sustainable manner, CWT has opted to use the roofs of its buildings to generate solar power.
Phoenix Petroleum, CNOOC Partner for LNG Terminal
Philippine fuel retailer Phoenix Petroleum said it had agreed to partner with a subsidiary of state-owned China National Offshore Oil Corp (CNOOC) to explore building a receiving terminal for liquefied natural gas in the country.The Philippines is seeking investors to build a storage and distribution facility for imported LNG as it moves to replace its Malampaya gas reserves, expected to be depleted by 2024.Phoenix Petroleum, owned by a local businessman who helped bankroll President Rodrigo Duterte's 2016 election campaign…
Agreement Paves Way for South African Offshore Supply Base
South Africa’s first dedicated and customized facility supporting offshore oil and gas activities will be introduced at the Port of Saldanha. This follows the conclusion of an agreement between Transnet National Ports Authority (TNPA) and Saldehco Pty Ltd, which was signed off at an official ceremony at the port on Monday, 23 April 2018.Saldehco is a privately owned South African company, comprising principal shareholder HARPS Holdings Pte Limited and local partner Semona Pty Limited. HARPS Holdings is a private investment company with a strong presence in Africa and interests in Oil & Gas…
C-Innovation Secures Subsea Construction Contract with BP
C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, has secured a three-year contract with BP Exploration & Production, Inc. (BP), the largest energy investor in the deepwater Gulf of Mexico. The contract encompasses subsea construction, inspection, maintenance and repair (IMR) and logistics services in the Gulf of Mexico. With Port Fourchon, La., serving as the home port, the new contract will bring together ECO’s extensive fleet of multipurpose platform supply and well intervention vessels with C-I’s ROV, tooling, project management and engineering services.
NorSea Opens New MGO Facility in Peterhead
NorSea Group UK (Ltd) has completed Phase I of its multi-million dollar investment at its Shore Base within Peterhead Port with the opening of a new custom-built Marine Gas Oil (MGO) facility on Smith Quay. Two MGO tanks, which hold a combined total of 3000 cu. m. of fuel, are now operational. This represents an expansion in the range of services currently provided directly to clients by NorSea Group at Peterhead as project support and supply vessels can now be fuelled directly at the quay.
Peterson Wins 5-year Contact to Support BP in Trinidad
An international energy logistics provider Peterson has been awarded a five year contract, with options for further extension, with BP Trinidad and Tobago LLC (BPTT) to provide integrated logistics services for its operations in Trinidad & Tobago. The scope of work includes integrated supply base operations management, logistics control planning and pipe yard operations. This contract will expand Peterson’s footprint in the Caribbean region and builds on the company’s existing long-term relationship with BP, which includes supporting some of its UKCS North Sea operations from Peterson’s Shetland supply base.
Neste to Deliver Low-Sulfur Marine Fuel to Eckerö Line
Neste will begin deliveries of low-sulfur marine fuel to Eckerö Line at the beginning of next year. The agreement covers m/s Finlandia on the Helsinki-Tallinn route throughout 2017. "I am happy that Eckerö Line selected Neste as its partner. The quality of our low-sulfur marine fuel, lower sulfur emissions, and our logistics services convinced Eckerö Line to work with us. Refueling will take place at sea from ship to ship. This eliminates the need for tanker traffic among other cargo in the port area, and increases the safety of fuel distribution," says Panu Kopra, Executive Vice President, Oil Retail at Neste.
CWind, Rotos 360 Running Blade Repair Out of Grimsby
CWind, a provider of services to the offshore wind industry, and Rotos 360, specialists in wind turbines O&M in onshore and offshore environments, has announced that they are providing blade repair and maritime logistics services working out of the port of Grimsby in the U.K. Rotos 360 is using the Gurit Renuvo UV cured blade repair method for which they achieved DNV GL certification two years ago. This method allows a significant reduction in the amount of time needed for curing thus speeding up the repair process.
Statoil Awards Peterson Offshore Wind Farm Contracts
International energy logistics provider Peterson said it has been awarded two long term contracts with Statoil to provide logistics support for the Dudgeon offshore wind farm located in the Southern North Sea. Peterson will work with the operator to deliver logistics services including stevedoring, ship agency services, provisions delivery and transportation of personnel for walk to work security. Peterson will also be responsible for the supply of fuelling services from its facility in Great Yarmouth.
