With many employees who used to work at France's Total Lubmarine Gulf Marine now covers around 500 ports. Japan and the US came on stream this year and last week the firm announced that Aegean Petroleum, the well known Greek oil company, listed on the New York stock exchange, has officially joined Sealub Alliance Network. “This new and important membership is bringing strength to our network in the Mediterranean area and strong logistics cooperation,” commented Gulf Marine’s ceo Caroline Huot.
Wednesday, February 11, 2009
Gulf Marine signs up Aegean Petroleum
Hong Kong: Established July 15 last year Gulf Marine, a new subsidiary of Gulf Oil, has expanded dramatically in the following seven months to give it a global presence via its Sealub Alliance Network.
With many employees who used to work at France's Total Lubmarine Gulf Marine now covers around 500 ports. Japan and the US came on stream this year and last week the firm announced that Aegean Petroleum, the well known Greek oil company, listed on the New York stock exchange, has officially joined Sealub Alliance Network. “This new and important membership is bringing strength to our network in the Mediterranean area and strong logistics cooperation,” commented Gulf Marine’s ceo Caroline Huot.Read More
With many employees who used to work at France's Total Lubmarine Gulf Marine now covers around 500 ports. Japan and the US came on stream this year and last week the firm announced that Aegean Petroleum, the well known Greek oil company, listed on the New York stock exchange, has officially joined Sealub Alliance Network. “This new and important membership is bringing strength to our network in the Mediterranean area and strong logistics cooperation,” commented Gulf Marine’s ceo Caroline Huot.
Port of Kotka expands
The Port of Kotka will build a new quay in Mussalo harbour to secure the logistics during the construction of the Nord Stream gas pipeline between Russia and Germany.
Kotka and Mukran have been selected as logistical centres for the project, creating a demand for additional storage and loading capacity for the large pipes. During the most busy period between 2010 and 2012, the Port of Kotka expects at least 600 additional vessel calls related to the project and the port's current capacity would be insufficient.
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Kotka and Mukran have been selected as logistical centres for the project, creating a demand for additional storage and loading capacity for the large pipes. During the most busy period between 2010 and 2012, the Port of Kotka expects at least 600 additional vessel calls related to the project and the port's current capacity would be insufficient.
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New dawn for LNG-FPSOs
As LNG newbuild contracts have been dawdling, it seems shipowners and shipbuilders have become more interested in LNG-FPSOs.
According to an overseas report, up to 30 LNG-FPSOs could be ordered this year, and South Korean shipbuilders Hyundai, Samsung and Daewoo are the most likely candidates to get these lucrative contracts. The demand for LNG has been increasing on a global scale, however the number of large-scale gas fields have been decreasing, and exploration has turned to small and medium sized fields. In the past it has been generally unprofitable to develop smaller gas fields using traditional methods, however, the development of the LNG-FPSO is expected to improve profit margins, allowing for a surge in order forecasts
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LNG from Tangguh will start exporting in May
Jakarta: The BP-led Tangguh LNG project in the Indonesian province of Papua came on stream at the end of January, BP's head of country confirmed.
The Indonesian government is planning to begin making Tangguh liquefied natural gas (LNG) shipments in May but it is not yet sure whether they should go to China or South Korea, a senior energy official said. "The government has not yet decided the destination of the first shipment of LNG from the Tangguh field," director general for oil and gas at the Ministry of Energy and Mineral Resources, Evita Legowo, said last week. Legowo said initially the first LNG shipment from Tangguh was to be done in February but due to technical problems it was postponed until May. In the meantime, the head of the Upstream Oil and Gas Regulating Body (BP Migas), R Priyono, said the channeling of gas to the LNG plants in Tangguh would begin in April 2009. Gas production in 2009 was projected at an average 430.85 million metric standard cubic feet per day (mmscfd). Besides gas, Tangguh will also begin producing about 1,000 barrels of oil per day.
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The Indonesian government is planning to begin making Tangguh liquefied natural gas (LNG) shipments in May but it is not yet sure whether they should go to China or South Korea, a senior energy official said. "The government has not yet decided the destination of the first shipment of LNG from the Tangguh field," director general for oil and gas at the Ministry of Energy and Mineral Resources, Evita Legowo, said last week. Legowo said initially the first LNG shipment from Tangguh was to be done in February but due to technical problems it was postponed until May. In the meantime, the head of the Upstream Oil and Gas Regulating Body (BP Migas), R Priyono, said the channeling of gas to the LNG plants in Tangguh would begin in April 2009. Gas production in 2009 was projected at an average 430.85 million metric standard cubic feet per day (mmscfd). Besides gas, Tangguh will also begin producing about 1,000 barrels of oil per day.
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Tuesday, February 10, 2009
DP World Opens New Terminal in Djibouti
DP World, one of the world’s largest port operators officially opened its new Doraleh Container Terminal in Djibouti, the largest and most modern terminal in East Africa.
The Doraleh terminal has the capacity to handle 1.2 million TEUs (twenty foot equivalent container units) annually while its 18-metre draft and 1,050-metre quay can easily accommodate largest ships in service including 10,000-15,000 TEU “Super-Post-Panamax” vessels. “Doraleh Container Terminal is a testament to a vision shared by the President of Djibouti, His Excellency Ismail Omar Guelleh, DP World and Dubai World, and is a lasting model for large-scale public-private partnerships in Africa,” said DP World chairman Sultan Ahmed bin Sulayem. Sulayem said the terminal’s capacity over time will be raised to about 3 million TEUs as trade in the region expands. Djibouti is strategically located in East Africa, along one of the fastest growing East-West international shipping routes. About 85 per cent of imports into Djibouti are destined for the land-locked nation of Ethiopia. The Doraleh terminal is expected to increase port traffic and open up new opportunities for investment and growth, including breaking the country’s reliance on Ethiopia’s trade and attracting other African countries to use the port as a gateway too.Read More
The Doraleh terminal has the capacity to handle 1.2 million TEUs (twenty foot equivalent container units) annually while its 18-metre draft and 1,050-metre quay can easily accommodate largest ships in service including 10,000-15,000 TEU “Super-Post-Panamax” vessels. “Doraleh Container Terminal is a testament to a vision shared by the President of Djibouti, His Excellency Ismail Omar Guelleh, DP World and Dubai World, and is a lasting model for large-scale public-private partnerships in Africa,” said DP World chairman Sultan Ahmed bin Sulayem. Sulayem said the terminal’s capacity over time will be raised to about 3 million TEUs as trade in the region expands. Djibouti is strategically located in East Africa, along one of the fastest growing East-West international shipping routes. About 85 per cent of imports into Djibouti are destined for the land-locked nation of Ethiopia. The Doraleh terminal is expected to increase port traffic and open up new opportunities for investment and growth, including breaking the country’s reliance on Ethiopia’s trade and attracting other African countries to use the port as a gateway too.
Keppel FELS completes proprietary DSSTM 51 semi for Transocean
Singapore: Keppel FELS has completed Transocean’s ‘Development Driller III’, an ultra-deepwater drilling rig built to Keppel’s proprietary DSSTM 51 semi submersible design.
The ‘Development Driller III’ is designed to construct wells as deep as 11,430 metres and operate in water depths of up to 2,286 metres, upgradable to 12,192 metres and 3,048 metres, respectively. Designed by Keppel’s Deepwater Technology Group in collaboration with Marine Structures Consultants of the Netherlands, units in the DSSTM Series boast several cost-efficient and distinctive safety features for rig operators. DSSTM Series of rigs have a total payload of 13,500 tonnes. This heavy-duty payload reduces the need and costs of transporting supplies to and from the rig considerably, and is especially valuable when operating in remote environments. Rigs in the Series also have distinct “double-skin” columns, which protect the critical equipment within from damage by external impact. This greatly reduces rig downtime in the case of hurricanes or strong climatic pressures out at sea. The layout of the engine rooms has also been designed to minimise the potential of both being shut-down at the same time in an emergency. Furthermore, being able to operate at water depths of 3,000 metres and drilling depths of 10,000 metres below the mudline makes the DSSTM Series well-suited to operate in offshore Brazil, West Africa, Gulf of Mexico and Southeast Asia.Read More
The ‘Development Driller III’ is designed to construct wells as deep as 11,430 metres and operate in water depths of up to 2,286 metres, upgradable to 12,192 metres and 3,048 metres, respectively. Designed by Keppel’s Deepwater Technology Group in collaboration with Marine Structures Consultants of the Netherlands, units in the DSSTM Series boast several cost-efficient and distinctive safety features for rig operators. DSSTM Series of rigs have a total payload of 13,500 tonnes. This heavy-duty payload reduces the need and costs of transporting supplies to and from the rig considerably, and is especially valuable when operating in remote environments. Rigs in the Series also have distinct “double-skin” columns, which protect the critical equipment within from damage by external impact. This greatly reduces rig downtime in the case of hurricanes or strong climatic pressures out at sea. The layout of the engine rooms has also been designed to minimise the potential of both being shut-down at the same time in an emergency. Furthermore, being able to operate at water depths of 3,000 metres and drilling depths of 10,000 metres below the mudline makes the DSSTM Series well-suited to operate in offshore Brazil, West Africa, Gulf of Mexico and Southeast Asia.
Nakilat and Qatargas name ten of the world's largest LNG carriers
The first celebration took place on the 6th of February at Hyundai Heavy Industries Co., Ltd. shipyard in Ulsan where three Q-Flex were named.
The first ship 'Al Rekayyat' was named by Mrs. Asma Ali Al-Khulaifi, spouse of Mr. Ahmed Al-Khulaifi, Chief Operating Officer - Commercial and Shipping Group, Qatargas. The second vessel, 'Al Kharaitiyat' was named by Mrs. Lucy Rowland, spouse of Mr. Martin Rowland, Director, Joint Ventures, Nakilat, while the third ship 'Mesaimeer' was officially named by Ms. Kathryn Turner, member of the Board of Directors of ConocoPhillips. A second ceremony will take place on February 9th at Samsung Heavy Industries Co., Ltd. shipyard on Geoje Island where four LNG carriers, one Q-Flex and three Q-Max ships will be named. LNG Carrier 'Mekaines' will be named by Mrs. Maryam Al-Suwaidi, spouse of Mr. Faisal Al-Suwaidi, Chief Executive Officer, Qatargas and Mr. Faisal Al-Suwaidi will name 'Al Ghashamiya'. The third vessel, 'Al Mayeda' will be named by Sheikha Noof Bint Mohammad Al-Thani, spouse of Sheikh Ahmed Al-Thani, Chief Operating Officer - Engineering and Ventures Group, Qatargas and the fourth vessel, 'Al Mafyar' will be named by Mrs. Patricia Watson Copeland, spouse of Mr. James E. Copeland, member of the Board of Directors of ConocoPhillips. 'Al Mayeda', 'Mekaines' and 'Al Mafyar' are Q-Max ships and 'Al Ghashamiya' is a Q-Flex. The Q-Max vessels are the largest in the world and this scale advantage allows Qatargas to supply and compete in new markets world-wide.' During the next year and a half, all of our 25 wholly-owned new LNG ships, 14 Q-Max and 11 Q-Flex, will be fully operational. These twenty-five vessels, along with our 29 jointly-owned ships are part of our 54 vessel fleet built by the Korean shipyards. Thirty-two of these LNG carriers will be dedicated to Qatargas.' Qatargas 3 shareholders are Qatar Petroleum, ConocoPhillips and Mitsui & Co., Ltd.
The first ship 'Al Rekayyat' was named by Mrs. Asma Ali Al-Khulaifi, spouse of Mr. Ahmed Al-Khulaifi, Chief Operating Officer - Commercial and Shipping Group, Qatargas. The second vessel, 'Al Kharaitiyat' was named by Mrs. Lucy Rowland, spouse of Mr. Martin Rowland, Director, Joint Ventures, Nakilat, while the third ship 'Mesaimeer' was officially named by Ms. Kathryn Turner, member of the Board of Directors of ConocoPhillips. A second ceremony will take place on February 9th at Samsung Heavy Industries Co., Ltd. shipyard on Geoje Island where four LNG carriers, one Q-Flex and three Q-Max ships will be named. LNG Carrier 'Mekaines' will be named by Mrs. Maryam Al-Suwaidi, spouse of Mr. Faisal Al-Suwaidi, Chief Executive Officer, Qatargas and Mr. Faisal Al-Suwaidi will name 'Al Ghashamiya'. The third vessel, 'Al Mayeda' will be named by Sheikha Noof Bint Mohammad Al-Thani, spouse of Sheikh Ahmed Al-Thani, Chief Operating Officer - Engineering and Ventures Group, Qatargas and the fourth vessel, 'Al Mafyar' will be named by Mrs. Patricia Watson Copeland, spouse of Mr. James E. Copeland, member of the Board of Directors of ConocoPhillips. 'Al Mayeda', 'Mekaines' and 'Al Mafyar' are Q-Max ships and 'Al Ghashamiya' is a Q-Flex. The Q-Max vessels are the largest in the world and this scale advantage allows Qatargas to supply and compete in new markets world-wide.' During the next year and a half, all of our 25 wholly-owned new LNG ships, 14 Q-Max and 11 Q-Flex, will be fully operational. These twenty-five vessels, along with our 29 jointly-owned ships are part of our 54 vessel fleet built by the Korean shipyards. Thirty-two of these LNG carriers will be dedicated to Qatargas.' Qatargas 3 shareholders are Qatar Petroleum, ConocoPhillips and Mitsui & Co., Ltd.
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