Wednesday, March 4, 2009

Vale constructing huge bulk terminal in Oman

Solar: Brazilian mining giant Vale is building a 1-million-square-metre complex at Sohar that will position Oman as a pellet distribution hub serving steel plants in the Middle East, North Africa and India.

As part of the project, Sohar International Development Company (SIDC) is developing a two-kilometre-long deepwater jetty, together with platform and trestle, which will be leased to Vale on completion. Vale will be given three berths, one to unload iron ore, while the other two will serve load pellets directly into Panamax/Capesize carriers. The Oman Shipping Company (OSC) is building four new Ultra Large Ore Carriers, each of which has a capacity of 400,000 tonnes. The giant vessels, ranked among the largest bulk carriers in the world, will be leased to Vale for its Sohar operations. “Our commitment is to emerge as the biggest investor in the mining business, and Oman will be a key component of Vale’s decision to be number one in this business,” said Roger Agnelli, president and CEO of Vale.
Read More

Qatargas 2 ships all delivered

This week marks the completion of Qatargas 2 shipping construction project with the delivery of the 14th ship.

The construction project completed the eight Q-flexes and six Q-maxes vessels which started in 2006 at three different ship yards located in South Korea, Daewoo Shipbuilding & Marine Engineering Co. Ltd. and Samsung Heavy Industries shipyard at Geoje Island and Hyundai Heavy Industries located at Ulsan. This outstanding achievement could not have happened without the emphasis on safety and teamwork throughout the project. For Train 4 vessels, the construction team has delivered four of the eight veseels without a Lost Time Incident, accruing 9.7 million man-hours with an LTI rate of 0.184. For Train five five of the six vessels were completed LTI- free. This is a remarkable achievement which exceeds the industry standards and can be considered industry leading performance. These vessels are built to deliver liquefied natural gas produced from Qatargas 2 Train 4 and Train 5. The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ships. The Q-Max has 80 percent and Q-Flex 50% more capacity than conventional LNG carriers with about 40 percent lower energy requirements due to the economies of scale created by their size and the efficiency of the engines.
Read More

Subsea 7 scores US$200 million Petrobras contract

Niteroi, Brazil: Subsea engineering and construction company Subsea 7 (OSE: SUB) has been awarded a US$200 million contract from Petrobras for the Tambau Urugua and P-56 developments in the deepwater Santos and Campos Basins offshore Brazil.

The Tambau Urugua field is in the Santos Basin, around 130 kilometers (80.7 miles) southeast of the Rio de Janeiro State coast, in water depths of 1,300 meters (4,265 ft). The P-56 development is in the Campos Basin, 320 kilometers (198.8 miles) east off the Rio de Janeiro State coast in water depths of 1,670 meters (5,479 ft). The Tambau Urugua scope of work is to engineer, install and commission two 12-inch rigid steel 14.5 kilometer (nine mile) long client supplied gas flowlines and associated subsea equipment. The P-56 project scope is to engineer, procure, install and commission two 12-inch rigid steel 13 kilometer (eight mile) long oil export pipelines, connecting the P-56 semisubmersible platform for the P-38 floating production, storage and offloading vessel, and one 10-inch rigid steel 8.6 kilometer (5.3 mile) gas export pipeline from the P-56 platform to the P-51 semisubmersible platform. Subsea 7 will supply the pipelines and pipeline end terminations. The offshore pipeline installation campaign will take place during 2010, carried out by one of Subsea 7's pipeline installation vessels.
Read More

Singapore's EOC bags Brunei deal

Singapore's Emas Offshore Construction said it has won a five-year contract worth up to US$68 million to provide a heavy-lift accommodation crane barge to an operator in Brunei.

EOC said it will provide the vessel Lewek Conqueror from March 2009 to "one of the world’s largest oil exploration and production companies operating in Brunei". Shell and Total are the two major players in Brunei. Lim Kwee Keong, EOC’s chief executive, said he expected demand for its offshore construction and production services to remain firm, and that the new charter will contribute positively to earnings from the second half of 2009. EOC is 48.9% owned by Ezra Holdings, and is listed on the Oslo Stock Exchange.
Read More

First Russian-built trimaran

Russian naval architecture bureau Zelendolsk has unveiled a new trimaran design, also to be the first trimaran in Russia.

Project 21632, or ‘Tornado’ will be a 600-tonne displacement ship, and is a further development of project 21630, ‘Buyan’, which has now been commissioned with the Russian Navy’s Caspian Flotilla. ‘Buyan’ is one of the new ships to be designed and commissioned after the collapse of the Soviet Union. Like ‘Buyan’, the ‘Tornado’ will have missile complexes with Uran-E or Yanhont missiles.
Read More