Page 15 - AsianOil Week 49 2021
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AsianOil                                   NEWS IN BRIEF                                            AsianOil








       SOUTH ASIA                          taking the responsibility to offer safe and   natural gas supplied from the Bayu-Undan
                                           efficient services within energy supply. Stena   gas field, located in waters off Timor-Leste,
       Contract award BOA DEEP C           is also investing in renewable energy with   and contributed to the stable supply of LNG
                                           Stena Renewable which is one of the biggest
                                                                                for approximately 15 years since production
       BOA OCV have been awarded a new contract   providers of wind energy in Sweden. Stena   began in 2006.
       in Asia for the subsea construction vessel   Shipping and Ferries are leading the transition   Production at the Bayu-Undan gas
       BOA DEEP C. The contract is for a subsea   to fossil free shipping through different   field is expected to end within a few years.
       project offshore India. Commencement of   projects, for example with electrification of   Development of the Barossa gas field as a
       contract is 4Q 2021 and the firm hire period   ferries and establishment of Green Methanol   successor to supply feed gas to the Darwin
       including options if declared, will keep the   as a future fuel enabling carbon neutral   LNG liquefaction plant is now underway.
       vessel utilised towards the middle of 2022.  shipping solutions. The overall task for   The Barossa gas field is located in
       BOA OCV, December 03, 2021          society is to accelerate this transition whilst   Australian waters off the Northern Territory
                                           recognising the role fossil fuels have to play.  of Australia. The Project will develop the
                                           STENA DRILLING, December 07, 2021    Barossa gas field and link it by pipeline
       EAST ASIA                                                                to the Darwin liquefaction plant for LNG
                                                                                production, which is expected to start around
       Stena Drilling enters               OCEANIA                              2025. JERA will receive about 0.425mtpa of
                                                                                LNG from the Project which is equivalent to
       purchase option agreement  JERA to invest in the                         its equity stake in the Barossa gas field.
                                                                                  In Asia, there is demand both for
       with Samsung Heavy                  Barossa gas field in                 decarbonization and for a stable energy supply
                                                                                to support economic growth. Gas-fired power
       Industries for a drillship          Australia to secure a stable         generation—which emits less CO2 than
                                                                                power generation using other fossil fuels—
       Stena Drilling has entered a purchase option   LNG supply                can be a flexible supplement to intermittent
       agreement with Samsung Heavy Industries                                  renewable energy, and demand for it as an
       for a drillship. This gives Stena Drilling the   JERA has decided to invest, through its   energy source indispensable to promoting the
       possibility to offer the market a state of the   subsidiary JERA Australia, in the Barossa/  energy transition is expected to continue to
       art drilling service with minimal carbon   Caldita gas field in Australia and has today   grow. Securing a stable supply of competitive
       footprint.                          concluded an equity purchase agreement with   LNG, therefore, is becoming increasingly
         “Our plan is to fit the drillship according   a subsidiary of Santos Ltd., a major resource   important.
       to our specifications with hybrid technologies   development company in Australia, to acquire   JERA, December 08, 2021
       including the use of batteries. If we find a   a 12.5% stake in the gas field. The acquisition
       suitable contract, we will use the option to buy   is expected to be finalized after the necessary   Baker Hughes announces
       the unit,” says Erik Ronsberg, CEO of Stena   approval and authorization procedures.
       Drilling.                             As a result of this acquisition, JERA   major turbomachinery LNG
         Stena clearly recognises the need to   will participate in the project to develop
       decarbonise the economy as soon as possible.   a successor gas field for the Darwin LNG   order for the Pluto Train 2
       We also understand that society needs to   project in Australia.
       function while we are in this important   JERA participated in the Darwin LNG   project
       transition. Fossil resources will be phased   project in 2003. That project has produced
       out, but during the transition, Stena are   LNG at the Darwin liquefaction plant using   Baker Hughes has been awarded a contract by
                                                                                Bechtel to provide high-efficiency gas turbines
                                                                                and centrifugal compressors to support
                                                                                the expansion of the Pluto LNG onshore
                                                                                processing facility in Western Australia, which
                                                                                is operated by Woodside. The construction
                                                                                of Pluto LNG’s second train builds on Baker
                                                                                Hughes’ existing technology supply for Pluto
                                                                                LNG’s first train, which has been in operation
                                                                                since 2012, and further expands Baker
                                                                                Hughes’ global turbomachinery fleet in LNG
                                                                                operations.
                                                                                  Pluto Train 2, using Baker Hughes’
                                                                                proven technology, will be one of the most
                                                                                efficient LNG trains in Australia with an
                                                                                expected capacity of approximately 5 million
                                                                                tonnes per annum (mtpa). Pluto Train 2 will
                                                                                process natural gas from the nearby offshore
                                                                                Scarborough field, which contains only
                                                                                around 0.1% carbon dioxide. This makes it an
                                                                                attractive option for Woodside’s major LNG



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