Page 19 - LatAmOil Week 43 2020

LatAmOil NEWS IN BRIEF LatAmOil

President’s intention is to build into its gas port- construction and maintenance services for more The project has been possible thanks to Lipi-
folio the capacity to reduce or increase produc- than 1,500 kmof pipelines and for all relevant gas’ commitment to vehicular liquefied natural
tion flows to reflect seasonal price variations equipment and processing plants. The pipelines gas, with the aim of contributing to sustainable
to optimise profitability and cash flows whilst connect Peru’s main gas field Camisea to the development through the design of efficient
maintaining a base load of income. The delib- Peruvian coast line and are of critical importance energy solutions that help its customers in the
erately planned increasing of the number of to the energy distribution of the country. challenge of reducing their environmental
producing wells in the portfolio to provide flex- “Stork is honored to be selected by COGA impact and that thanks this fuel will reduce CO2
ibility and redundancy as well as good reservoir for this important contract,” said Taco de Haan, emissions, nitrogen oxides and fine particles.
management is therefore integral to this strategy. Stork’s president. “Stork will provide service The new service station will allow the contin-
President Energy, October 26 2020 excellence according to the highest safety stand- uous supply of LNG to a fleet of 30 trucks from
ards relying upon our vast experience in pipeline Cervecera AB InBev Chile, which will be incor-
Borders & Southern extends construction and maintenance in Latin Amer- porated into the transport fleet of Transportes
ica, as well as leverage our global expertise and San Gabriel. The vehicles, which reduce harm-
Falklands production network of specialists across Fluor, Stork and ful emissions to the environment, will allow fuel
SICIM’s geotechnical expertise. This contract savings of over 20% compared to other less envi-
licences further solidifies Stork’s strong position and cli- ronmentally friendly fuels.
Lipigas is a relevant player in the energy mar-
ent confidence in Latin America allowing us to
Borders & Southern Petroleum has been granted further grow our local employment in the com- ket in Latin America, with a presence in Chile,
an extension to its Falkland Islands licences. munities in which we live and work.” Colombia and Peru, which allows it to deliver
The Company’s Production Licences, PL018, Pre-mobilisation activities of this contract comprehensive energy solutions to its custom-
PL019 and PL020, which grant exclusive rights have started with execution expected to begin in ers through its different products, which on
for surveying, drilling and production within the the first quarter of 2021 and completion sched- their own or with combined solutions satisfy the
specified area, were due to expire on October 31 uled in mid-2026. needs energy of its customers.
this year. In light of the approaching expiry date Fluor, October 20 2020 HAM Chile has been operating for several
the Company applied for, and has been granted, years in South America, with its own facilities
an extension to these licences by the Falkland and staff in the Santiago metropolitan region,
Islands Government. The new expiry date for the DOWNSTREAM which allows HAM Group to continue its expan-
licences will be January 31, 2022, which brings sion and have greater proximity with its custom-
them in line with the expiry date for the Com- HAM and Lipigas build ers, making available a wide variety of products
pany’s Darwin Discovery Area Licence. There and services: design, construction, maintenance
is no additional work programme commitment Chile’s first LNG gas station and supply of CNG-LNG service stations; regasi-
associated with the licence extension. fication plants (PSR), bunkering, manufacture of
Borders & Southern holds a 100% equity HAM Chile, a subsidiary of HAM Group, has cryogenic tanks for LNG and air gases, etc.
interest and operatorship in three Production been chosen by Lipigas Companies for the HAM Group commitment to the envi-
Licences in the Falkland Islands covering an design, construction and commissioning of ronment has been recognised with multiple
area of nearly 10,000 square km. The licences are Chile’s first liquefied natural gas (LNG) gas sta- mentions and awards, the last of which is the
located approximately 150 km south-east of the tion. This will be located at the facilities of Trans- Environmental Entrepreneurship Award,
Islands. portes San Gabriel, Linares, Maule Region, very granted by Gasnam, the Iberian Association that
Borders & Southern Petroleum, October 26 2020 close to the Ruta Cinco Sur (Pan-American is responsible for promoting the use of natural
Highway in Chile), which is part of the country’s gas, both in land mobility as maritime.
main land communication artery. HAM Group, October 21 2020
MIDSTREAM
Fluor’s Stork wins five-

year contract for pipeline

maintenance in Peru

Fluor announced today that Stork, part of Fluor’s
Diversified Services segment, was awarded a new
approximately five-year contract under the con-
sortium of CMgP, Consorcio Mantenimiento de
Gasoductos del Peru, (Stork Peru and SICIM) by
Compañía Operadora de Gas (COGA) in Peru.
Fluor booked the undisclosed contract value in
the third quarter of 2020.
Stork will provide integral pipeline mainte-
nance services to the Sistema De Transporte De
Gas Natural y Líquidos de Gas Natural de Cami-
sea, operated by COGA. The consortium will
jointly plan, prepare and deliver geotechnical,

Week 43 29•October•2020 www. NEWSBASE .com P19