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Source: China Knowledge
Posted on 5/30/2011 / 0
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May 30, 2011
More Chinese shipbuilders to see losses this year
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Source: China Knowledge
Hyundai Heavy wins $600 mln LNG ship order from Greece
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Source: Reuters
Posted on 5/30/2011 / 0
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Petrobras signs contracts for the chartering of six Panamax vessels
Five will transport light products (such as gasoline and diesel), and one dark products (oil, for example).
Hidrovia South American Logistics SA belongs to the NSAL group (Navios South American Logistics Inc.), an association between NAVIOS (Navios Maritime Holdings Inc.) and Argentine group Horamar.
The EBN involves chartering vessels built by Brazilian companies in shipyards located in Brazil for fifteen-year terms. It also requires that the vessel be registered under the Brazilian flag for the duration of the contract. There were two phases: EBN1 and EBN2. Nineteen vessels were chartered in the first, and 20 in the second.
The program is part of a series of Petrobras initiatives designed to boost shipbuilding in Brazil, and the 39 vessels will be built in Brazilian shipyards in the period ranging from 2011 to 2017.
Under this initiative, Petrobras helps revitalize of the rigger industry in Brazil, bringing domestic alternatives to meet the demand for coastal transportation, a strategic activity that not only accounts for 80% of Petrobras’ shipping operations, but also reduces exposure to international freight market volatility.
The EBN is aligned with Petrobras’ guideline to invest and act in partnership with domestic businesses to develop the country. It is estimated that the program will help create about 30,000 direct and indirect jobs during vessel construction and in excess of 2,000 permanent jobs over the life of the ships.
The expectation, from the standpoint of the broader shipping industry in Brazil, is the creation of a significant community of owners of bulk liquid vessels sailing under the Brazilian flag, initially focusing on coastal sailing and, in the future, enabling the riggers also to operate in the long-haul international routes that are connected to the Brazilian market.
Source: Petrobras
Source: Petrobras
Posted on 5/30/2011 / 0
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Rudder force detection for DP Operation launched
The result of an 18 month joint development project between Kongsberg Maritime and Becker Marine Systems has come to fruition, with the launch of KBIMS; a sophisticated new support tool designed to enable more efficient use of propellers and rudders during Dynamic Positioning (DP) operations. A first pilot installation has already been agreed for KBIMS, with a new Volstad offshore construction vessel, which is under construction at Fosen.
There are several advantages to using main propeller and rudder instead of azimuth thrusters during DP operations. For instance, there is no limitation of installed power and response times may be improved, therefore improving station keeping performance overall. However, with conventional rudder-propeller arrangements these benefits, which also include the possibility to reduce vessel emissions, are not always available, so Kongsberg Maritime and Becker Marine Systems set about developing KBIMS in order to improve performance for DP operations.
"KBIMS is able to enhance DP operations through several new technical innovations, made possible through Becker's in-depth expertise in rudders and our own DP systems experience," explains Nils Albert Jennssen, VP Business Development, Kongsberg Maritime. "The challenge was to find a more direct indicator of maneuvering performance than the vessel's motion reaction detected by GPS or gyros. It clearly turned out that the closest value to describe performance was the rudder force itself, so this is what KBIMS measures."
Once KBIMS is integrated with a Kongsberg Maritime K-Pos DP system, it can learn the characteristics of the rudder so the correct combination of rudder angle and propeller pitch/rpm is used. Exact measurements of the actual rudder force secures improved station keeping performance and more precise rudder control will reduce wear and tear of steering gear, rudder stock and bearings, so less downtime and maintenance costs are possible. Using KBIMS also fulfills regulatory requirements on DP and propulsion systems for long haul offshore operations.
In addition to the launch of the sophisticated new KBIMS tool, the two companies have also signed a new cooperation agreement to continue utilising their strengths within high performance rudder systems and DP systems respectively to enhance DP capabilities.
Source: Kongsberg
Posted on 5/30/2011 / 0
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FLEX LNG Starts FEED for FLNG Project in Papua New Guinea
Samsung Heavy Industries will carry out the FEED work for the hull portion of the FLNG vessel, whilst a WorleyParsons lead JV together with Kanfa Aragon will carry out the FEED work for the topsides. Samsung Heavy Industries will remain overall responsible for the overall design, engineering, construction and commissioning of the FLNG vessel. FEED is scheduled to be completed in time for the project to reach a Final Investment Decision (FID) before the end of 2011. Commencement of operations in PNG is targeted for 2014.
FLEX LNG has already completed a generic FEED in 2009 and the field specific FEED will tailor the vessel for the PNG project where the FLNG vessel is expected to be moored alongside a jetty and have a nominal production capacity of close to 2 million tons of LNG per annum and to process an estimated 2.25 trillion cubic feet of gas over a firm 25-year period.
Commenting on the commencement of FEED, Chief Executive Officer of FLEX LNG Management Ltd, Philip Fjeld stated:
“We are very pleased with the selection of a world-class topside engineering contractor. Completing field specific FEED is essential to reaching FID later in 2011 and we are happy that FEED has started according to the schedule that was executed in April 2011.
The FLNG project in PNG is a game-changing development for FLEX LNG and planning to complete FEED in approximately 6 months is only being made possible as a result of the comprehensive generic FEED previously completed by FLEX LNG. We have received excellent feedback from the LNG industry following the announcement of the project 6 weeks ago and the level of intensity in the interest from LNG offtakers as well as potential project partners has positively surprised us.
We are looking forward to continuing to work with our partners to put final documentation in place to achieve FID within 2011 and for FLEX LNG to play a role in changing oil and gas history by bringing what is likely to become the first ever floating LNG production facility into operation in 2014.”
Source: FLEX LNG
Posted on 5/30/2011 / 0
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Technip Samsung to start detailed design and construction of Shell’s FLNG facility
Shell Development (Australia) Pty Ltd (Shell) has given notice today to a Technip Samsung Consortium (TSC) to proceed with the construction of the first floating liquefied natural gas (FLNG) facility in the world. TSC will provide engineering, procurement, construction and installation for the FLNG facility Shell will deploy at its Prelude gas field off the northwest coast of Australia.
Moored far out at sea, some 200 kilometres from the nearest land, the Prelude FLNG facility will produce gas from offshore fields and liquefy it onboard by cooling. Detailed design of the innovative facility will be undertaken by TSC at Technip’s operating centers in Paris, France, and Kuala Lumpur, Malaysia, and it will be built at the Samsung Heavy Industries (SHI) shipyard in Geoje, Korea, where the Notice to Proceed signing ceremony took place.
Mr Thierry Pilenko, Chairman and CEO of Technip, commented: "Once again Technip is a key partner of a visionary customer pushing back together the limits of technology. This great project is a real breakthrough for the energy industry and a true revolution for offshore natural gas developments. Technip is extremely pleased and proud to bring all the expertise, know-how and skills of its three business segments -Subsea, Offshore and Onshore- all of which will be instrumental in the success of Prelude FLNG. Within our long term relationship with Shell and Samsung Heavy Industries, we hope that this project will be the first of many."
Mr In-sik Roh, CEO, President and Director at Samsung Heavy Industries, says: "We are very excited to participate in the Prelude FLNG project, which will be the world's first floating LNG production facility. Samsung believes in the strength of the partnership with Shell and Technip, which will allow us to complete this project successfully. We are confident that this project will help us solidify our position as a clear leader in FLNG construction and development."
Dr. Matthias Bichsel, Projects and Technology director of Shell, added: "We are tremendously pleased to move ahead with the Prelude Floating LNG project. In the development of the FLNG concept, Shell’s FLNG team has drawn on five decades of expertise in the areas of LNG technology, LNG shipping and engineering of offshore floating oil and gas installations. Our innovative mindset, integrated approach to technology development and mega project delivery expertise allowed us to distil these decades of experience into the development of what will be the largest offshore floating facility on earth."
"The Technip Samsung Consortium is essential to the success of the Prelude FLNG project," Matthias Bichsel continued. "We have longstanding relationships with Technip and SHI, with both companies providing expertise to numerous projects world-wide. The Technip Samsung Consortium combines the strengths of each company to enable the delivery of an integrated FLNG facility."
The Shell Prelude FLNG facility will be the largest floating offshore facility in the world, with 488 meters from bow to stern - longer than four soccer fields laid end to end. When fully loaded, it will weigh around 600,000 tonnes - roughly six times as much as the largest aircraft carrier. Some 260,000 tonnes of that weight will consist of steel - around five times the amount of steel used to build the Sydney Harbour Bridge. Floating LNG is a revolutionary innovation that will allow the production, liquefaction, storage and transfer of LNG at sea, helping to open up new offshore natural gas fields that are currently too costly or difficult to develop.
Source: Technip
Source: Technip
Posted on 5/30/2011 / 0
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Rolls-Royce Bidding for $2.5 Billion Petrobras Deal, FT Reports
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Source: Bloomberg
Posted on 5/30/2011 / 0
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Aker Solutions wins drilling equipment contracts
Aker Solutions has won two contracts to supply complete drilling equipment packages for two new deepwater drilling units that are being built by Cosco, the Chinese shipbuilding company.
The combined value of the contracts is about $195 million, and includes options for a further two units.
"These contracts underline our attractive offering in the deepwater drilling market. Current tender activity is high, and we are pleased to see that our position in the deepwater market is competitive," says Thor Arne Håverstad, executive vice president and head of Aker Solutions' drilling technologies business.
The equipment will be delivered to both units during 2012 and 2013.
Aker Solutions offers complete drilling equipment packages, including project management, conceptual design, detailed engineering and procurement. We provide the full range of topside drilling equipment and systems, and worldwide customer support through our global drilling lifecycle services organisation.
Source: Aker Solutions
Source: Aker Solutions
Posted on 5/30/2011 / 0
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