Sunday, March 23, 2008

Vessels that use emission-reduction technology

StatoilHydro has awarded contracts for four new supply vessels for the Norwegian continental shelf.

The company used this opportunity to obtain another gas-powered vessel. The total value of the contracts, including options, is almost NOK3 billion (US$579.4 million). The vessels will be delivered in the period 2008-2011. Two of the vessels will be delivered by Remøy Shipping, whereas the two other ones will be delivered by Farstad Shipping and DOF Management. All of the four vessels employ a new technology that reduces the emissions to the air. Three of the vessels have a diesel-electric solution with a catalyst, which reduces the emissions of NOx by about 90 percent compared with ordinary diesel vessels. The vessel running on liquefied natural gas, LNG, in addition reduces the emissions of CO2 by some 20 percent. This is StatoilHydro's fourth contract for a gas-powered vessel. StatoilHydro is so far the only company in the world that uses gas vessels for offshore operations.

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