A Barrel Fulll Archive

22 December 2023 Seatrium Limited (Seatrium, or the Group) is pleased to announce that it has successfully delivered a Floating Storage and Regasification Unit (FSRU), Energos Celsius, to New Fortress Energy (NFE), one of the world’s leading LNG project developers. Energos Celsius is owned by Energos Infrastructure, a global marine infrastructure platform backed by Apollo funds (NYSE:APO) and NFE, and the vessel is on long-term charter to NFE in Brazil.  The FSRU was completed safely, on time and within budget, and has departed the Seatrium shipyard for Brazil. It will subsequently be deployed at NFE’s completed LNG terminal in Barcarena , Pará state, Brazil.  Mr Marlin Khiew, Executive Vice President, Oil & Gas (Americas), Seatrium said, "We would like to express our appreciation to New Fortress Energy for their trust and confidence in our commitment and capabilities as well as for the strong teamwork throughout the duration of the project. We are proud to successfully d...

9 October 2015 We are pleased to announce that PT Medco Energi Internasional Tbk (MedcoEnergi), has signed a Sale and Purchase Agreement (“SPA”) with Lundin SEA Holding AB to acquire the Indonesian operations of Lundin Indonesia Holding B.V. on Thursday, October 8, 2015. The Indonesian assets include the non-operated interest in Lematang Block and operated interests in the South Sokang and Cendrawasih VII Blocks, as well as the Joint Study Agreement (JSA) in respect of the Cendrawasih VIII Block. Completion of this transaction is conditional upon approval from the Government of Indonesia. Lundin Indonesia Holding B.V, an affiliate of Lundin Petroleum AB (“Lundin”), a Swedish independent oil and gas exploration and production company active in Europe and Southeast Asia. Lundin holds a 25.8824 percent participating interest in the Singa Field (Lematang PSC), a 100 percent participating interest in the Cendrawasih VII Block (Cendrawasih VII PSC), a 100 percent participating interest in ...

October 05, 2020  Lummus Technology today announced that it has been awarded a contract by Enter Engineering Pte. Ltd. for the Shurtan Gas Chemical Complex in Uzbekistan. Lummus’ scope includes the design and supply of four proprietary Short Residence Time (SRT®) VI and VII type cracking furnaces, which will more than double the production of ethylene at Shurtan’s facility.   “Our advanced SRT® ethylene furnaces optimize reliability in capacity, yield, run-length and energy efficiency,” said Leon de Bruyn, President and Chief Executive Officer of Lummus Technology. “We are grateful to continue our partnership at Shurtan and look forward to working with Enter Engineering to expand the ethylene production while reducing relative emissions and operating costs at the Shurtan Gas Chemical Complex.” Lummus was selected due to its leading ethylene technology position and its extensive experience with ethylene furnaces, having developed pyrolysis furnaces as part of its proprietary ...

June 6, 2017 McDermott International, Inc announced it has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from BP Trinidad & Tobago, LLC (bpTT) for the Angelin gas field , located 25 miles (40 kilometers) off the east coast of Trinidad and Tobago. This EPCIC contract follows the successful completion of a multi-phase engineering contract, including pre-front end engineering design (pre-FEED), front-end engineering design (FEED), and pre-execution engineering contracts previously awarded by bpTT to McDermott for the initial design and execution planning of Angelin. McDermott’s team in Houston led the engineering and execution planning efforts with support and work share from the Company’s engineering center in Chennai, India. “This is a great opportunity for us to build on the relationship and trust developed through the execution of the FEED for the Angelin project,” said Scott Munro, McDermott Vice President for Americas, Eu...

26 February 2019 Third major project to begin production for BP globally in 2019, builds on significant Trinidad business, adds to advantaged gas portfolio. BP Trinidad and Tobago (BPTT) today announced first gas production from its Angelin development. The project was delivered on time and under budget. The Angelin development, originally discovered by the El Diablo well in 1995, includes a new platform and four wells. It is located 60 kilometres off the south-east coast of Trinidad in a water-depth of approximately 65 metres. The new platform, BPTT’s 15th installation offshore Trinidad & Tobago, has a production capacity of 600 million standard cubic feet a day (mmscfd). Gas flows from the platform to the existing Serrette hub via a new 21-kilometre pipeline. BP Upstream chief executive Bernard Looney said: “This safe and successful start-up, less than two years after sanction, is a credit to our BP teams and contractors. Angelin is BP’s 22nd new upstream project to come online ...

20 September 2021 bp Trinidad and Tobago LLC (bpTT) today confirms its Matapal project has safely achieved first gas. The major milestone was achieved ahead of schedule and under budget despite the constraints brought about by the COVID-19 pandemic. Matapal is bpTT’s second subsea development. It’s comprised of three wells, which tie back into the existing Juniper platform , helping minimize development costs and the associated carbon footprint. It’s located approximately 80km off the south-east coast of Trinidad and approximately 8km east of Juniper, in a water depth of 163 metres. Matapal will deliver gas into the Trinidad gas market from resources discovered by the Savannah exploration well, drilled in 2017. The initial production from this development is expected to be in the range of 250-350 million standard cubic feet per day (mmscfd), once all wells are fully ramped up. Claire Fitzpatrick, president bpTT, said: “Natural gas will play an important role in the energy transition ...

14 December 2018 BP Trinidad and Tobago (BPTT) today announced the sanction for two new gas developments offshore Trinidad, Cassia Compression and Matapal. The Cassia Compression project will enable BPTT to access and produce low pressure gas reserves from currently-producing fields in the Greater Cassia Area, maximizing recovery from these existing resources. The project will involve the construction of a new platform, Cassia C, BPTT’s 16th offshore facility. Gas production from the Greater Cassia Area will be routed to Cassia C for compression before being exported via the adjacent existing Cassia B platform. First gas from the facility is expected in 3Q 2021. BPTT Regional President Claire Fitzpatrick said: “The Cassia Compression project will be important in maintaining the stability of Trinidad’s gas production and the supply to downstream customers and Atlantic LNG. The final investment decision for this project was made possible with the conclusion of the first phase of negotia...