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Offshore tanker sinks pipelay vessel in South China Sea
yesterday
Source: Energy Voice

Offshore tanker sinks pipelay vessel in South China Sea

In a major accident in the South China Sea, an offshore tanker rammed into the pipelay vessel, Star Centurion, and sank the £77 million ship. The collision punctured a hole in Star Centurion, making it tip onto its side. Tanker owner, Bernhard Schulte Ship Management stated that all crew members on the vessel were accounted for. The course of pipelay vessel is thought to have been charted out for Indonesia.

Shell concludes purchase of Total’s stakes in Hazira LNG
Jan. 10, 2019

Shell concludes purchase of Total’s stakes in Hazira LNG

In an undisclosed amount, supermajor Royal Dutch Shell bought the 26% stakes of Total Gaz Electricité Holdings in India’s Hazira LNG and Port Ventures. A Shell company statement stated that the purchase was complete, giving the full ownership to Shell’s subsidiary in India. The Hazira LNG and Port was established under a joint venture between Shell Gas B.V and Total Gaz Electricité Holdings France.

Valero Energy ordered to suspend pipeline operations in Wales
Jan. 9, 2019
Source: Reuters

Valero Energy ordered to suspend pipeline operations in Wales

Citing water contamination issues in Milford Haven, environmental watchdog of Wales, NRW has ordered to suspend two fuel pipelines on the Valero refinery jetty. Valero Energy had reported a product leak into the Milford Haven Waterway, last week. The US-based downstream firm runs the 220,000 barrel per day oil refinery in Pembroke.

FERC gives approval to Williams
Jan. 5, 2019
Source: Energy Voice

FERC gives approval to Williams

Oklahoma pipeline company Williams has got the permission from the Federal Energy Regulatory Commission on Wednesday to begin its services for an expansion project to support two LNG terminals along the Texas Gulf Coast. The request was made by William’s subsidiary Transcontinental Gas Pipe Line Co., to put its Gulf Connector Expansion Project into service. Further, Transcontinental has finished three compressor stations’ construction recently.

Turkey begins world’s biggest ship-to-ship LNG transfer
Jan. 3, 2019
Source: Anadolu Agency

Turkey begins world’s biggest ship-to-ship LNG transfer

The world's biggest ship-to-ship LNG transfers began yesterday in Turkey’s Mehmet Tecimen. The LNG transfer is between BOTAS's Floating Storage Regasification Unit (FSRU) and Al Sadd vessel, which brought LNG from Qatar. In a press briefing, oil utilities regional director of BOTAS said that the entire LNG transfer procedure will take two days.

Woodside commissions domestic gas pipeline in Australia
Dec. 19, 2018

Woodside commissions domestic gas pipeline in Australia

Australian energy major, Woodside Energy has informed about the successful commission of the Pluto domestic gas pipeline. Woodside used the Pluto pipeline by delivering first gas to the 1600 kms-long Dampier to Bunbury Natural Gas Pipeline (DBNGP) in Western Australia. The Pluto gas pipeline will add to Woodside’s domestic gas supply portfolio.

Petronas and Cheniere enter 20-year gas supply deal
Dec. 19, 2018

Petronas and Cheniere enter 20-year gas supply deal

Malaysian state-owned Petronas has entered into a 20-year deal with Cheniere Energy Partners LP to buy LNG from the sixth plant at the Louisiana export terminal. Under the agreement, Petronas has agreed to purchase about 1.1 million tons a year from the Sabine Pass facility. The firms have agreed to index the purchase price to Henry Hub, plus a fee.

Novatek launches small-scale LNG plant
Dec. 7, 2018

Novatek launches small-scale LNG plant

Novatek will start the production of LNG on the shore of the Baltic Sea in February, as stated by a contractor working at the project. Novatek is the largest non-state natural gas producer of Russia. The company will be building an LNG plant and terminal along with Gazprombank in the Baltic Sea port of Vysotsk. The plant’s capacity is expected to be 800,000 tonnes in 2021.

PDVSA begins paying to OVL
Dec. 6, 2018

PDVSA begins paying to OVL

ONGC Videsh Ltd (OVL) has received payment from PDVSA towards their $449 million of outstanding dues. The payment of USD 32 million came through Reliance Industries which bought Venezuelan crude oil last month. $449 million of accrued dividends from the San Cristobal field in Venezuela was due to OVL for four years. OVL owns 40% stakes in the field.

Wood secures pipeline project in West Texas
Dec. 6, 2018
Source: BBC News

Wood secures pipeline project in West Texas

Energy services firm, Wood Plc has secured a $43 million contract to build an 80 mile-long steel pipeline in West Texas. The Aberdeen-based company informed that the pipeline would be used to transport natural gas liquids (NGL) across Texas. Wood said that the contract award reinforced its position as a "major midstream player". Wood secured three contracts last month to assist the onshore oilfields development in the UAE.

Shell’s Prelude FLNG will start at the end of 2018
Dec. 5, 2018

Shell’s Prelude FLNG will start at the end of 2018

According to sources, Royal Dutch Shell’s Prelude floating LNG unit is expected to start at the end of the year. The natural gas produced offshore northern Australia will be processed here and exported as LNG. Prelude’s capacity of annual LNG production is assumed to be 3.6 million tonnes. Apart from LNG, it will also process 1.3 million tonnes a year of condensate and 400,000 tonnes a year of LPG.

US criticizes Russia over Yamal LNG transfer
Dec. 3, 2018
Source: World Oil

US criticizes Russia over Yamal LNG transfer

US Department expressed its disagreement on Russia’s Yamal LNG transfers in Norwegian waters. In a statement, US said "At a time when Russian gas comprises a growing proportion of Europe's energy imports, additional volumes of Russian gas will undercut Europe's energy diversification efforts.” The ship-to-ship transfers in Norwegian waters from Yamal, one of the world’s largest LNG terminals will create a dent in energy diversification efforts of Europe, believes US.

GEECL plans to invest USD 2 billion in shale gas exploration
Dec. 1, 2018

GEECL plans to invest USD 2 billion in shale gas exploration

India-based Great Eastern Energy Corp (GEECL) is planning to put in approximately $2 billion to exploit shale gas reserves in West Bengal’s Raniganj block. The company is looking to begin the initial exploration work of drilling core wells in 2019. GEECL has reached an initial understanding with state-owned GAIL (India) for an offtake or a transmission agreement through the upcoming Jagdishpur-Haldia & Bokaro-Dhamra pipeline.

Baltic Pipe gas link receives a go-ahead
Dec. 1, 2018

Baltic Pipe gas link receives a go-ahead

Gaz-System, gas grid operator of Poland and its Danish counterpart have marked their approval on the Baltic Pipe gas link. This Polish project is intended to reduce its reliance on Russian gas. Baltic Pipe, a 900 kilometres pipeline will link Poland with Norway’s deposits past Baltic Sea and Denmark. Poland’s deal with Russia’s Gazprom will end in 2022 and it is expected that the project will be ready by that time.

MRPL said to have inked term deal with Iraq
Nov. 30, 2018

MRPL said to have inked term deal with Iraq

If sources were to be believed, state-owned refiner, MRPL has inked a term deal with Iraq’s State Organization for Marketing of Oil (SOMO) to buy 1.5 million tonnes of Basra oil in 2019. MRPL, which runs a 300,000 barrel-per-day refinery in India, is seeking to diversify its crude imports. MRPL didn’t comment on the matter.

Germany unaffected by critisicm over NordStream 2
Nov. 29, 2018

Germany unaffected by critisicm over NordStream 2

NordStream 2 pipeline has been under severe criticism from a long period of time. Previously, Ukraine’s ambassador to Germany stated that the fellow nation should put this pipeline project on hold after Russia’s act of seizing three Ukrainian ships near Crimea. But, Germany is unaffected by any criticism regarding NordStream 2 which will transport gas to Europe, bypassing Ukraine. Germany’s government spokesman informed that Ukraine will remain a transit country.

TRAMP orders ONGC to pay Rs 242 crore
Nov. 23, 2018

TRAMP orders ONGC to pay Rs 242 crore

India’s ONGC will have to pay 242 crore to the Mumbai Port Trust (MbPT), as ordered by the Tariff Authority for Major Ports (TAMP), India. This compensation has been imposed on the firm as wharfage compensation for the transportation of crude oil through the two pipelines of ONGC. The company said that it is examining the admissibility of the claim.

Argentina to join LNG exporter club
Nov. 22, 2018
Source: Oil Price

Argentina to join LNG exporter club

South American nation, Argentina will start its first-ever LNG exports in 2019. Gas will be exported from the Vaca Muerta shale play. Belgian energy shipping giant, Exmar will position its floating LNG unit (FLNG) to the Port of Bahía Blanca according to a 10-year deal with Argentina’s energy firm YPF. Argentina will now join the club of global LNG exporting nations.

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