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“The meeting had been scheduled to go At the time, Petro Matad said separate cased
ahead in mid-November just as the lockdown hole drill stem tests (DST) were conducted
was implemented,” the Petro Matad board said. testing two intervals at different heights. The
It added: “This [lockdown situation] has first DST showed the presence of oil with poor
forced a postponement of the meeting until such flow rates, while the second flowed oil and some
time as lockdown restrictions are eased or until associated gas to the surface without any artifi-
the government can organise a virtual meeting cial lifting.
of the relevant personnel. Petro Matad is ready The company said data from the first DST
for the meeting should it be convened virtually would be used by specialist reservoir stimula-
during lockdown or as soon thereafter as can be tion experts to determine whether improve-
organised.” ments in permeability were possible. The
The junior released the results of well tests at second DST, however, showed that presence
the Heron-1 discovery in the north of Block XX, of 46 degrees API, which the company said
which lies next to PetroChina’s producing Block was one of the lightest oils ever recorded in
XIX, in October. the Tamsag Basin.™

Kogas carries out ship-to-ship

LNG bunkering test in world first

PROJECTS & IN a world first, Korea Gas (KOGAS) success- congestion at these LNG terminals, which
COMPANIES fully carried out a ship-to-ship LNG bunkering become crowded with vessels offloading gas
test in late November. A KOGAS LNG carrier, during the winter heating season.
SM Jeju LNG2, was connected to a new LNG The bunkering milestone comes after
carrier built by Daewoo Shipbuilding & Marine KOGAS announced in July that it was part-
Engineering (DSME) with a capacity of 174,000 nering with Busan Port, steel-maker Posco,
cubic metres for the test, supplying it with the refiner S-Oil, Daewoo Logistics and shipper
super-chilled fuel. Hyundai Glovis to set up an LNG bunker-
The test was carried out at DSME’s Okpo ing joint venture. Through this partnership,
Shipyard on the island of Geojedo off South KOGAS is aiming to supply 1.36mn tonnes of
Korea’s southern coast over November 24-26. LNG for ships by 2030.
“We believe this is a significant first step in The Korean Register (KR) of Shipping, a clas-
creating and making a very successful market sification society, was also closely involved in the
for LNG bunkering in the future,” KOGAS was bunkering test, with media reporting this week
quoted by South Korean media as saying. that it is working to help develop standards for
Typically, when a new LNG carrier is LNG bunkering in South Korea. KR and DSME
built in South Korea, it has to travel 6-24 signed an MoU on collaboration on research
hours from a shipyard to onshore LNG into LNG bunkering in August.
terminals in Pyeongtaek Gyeonggi Prov- KR is reported to have identified a diverse
ince, Samcheock, Gangwon Province or range of potential hazards through its risk assess-
Tongyeong to conduct LNG bunkering tests. ments for ship-to-ship LNG loading and trans-
Ship-to-ship transfers can help speed this port operations, and has reportedly suggested
process, reduce the costs involved and ease ways to reduce that risk to DSME.™

P14 www. NEWSBASE .com Week 49 10•December•2020