Page 13 - Euroil Week 48 2019

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NEWS IN BRIEF
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gas. However, to meet that objective work must be completed on the delayed Trans-Adriatic Pipeline (TAP), running across Greece and Albania and under the Adriatic Sea.
TANAP has the capacity to carry up to 16bn cubic metres (bcm) of Azerbaijani gas a year. Around 10 bcm of that is to go to Europe, while 6 bcm will be allocated for the Turkish market.
A TANAP inauguration ceremony was held in the Turkish town of Ipsala on the Greek border. Turkey’s President Recep Tayyip Erdogan and Azerbaijan’s President Ilham Aliyev attended.
“Aside from insuring the energy needs of our country with TANAP, we aimed
to contribute to Europe’s energy supply security,” Erdogan said, Reuters reported.
“ e real responsibility from now on lies with our neighbours on the other side of the border. e Trans-Adriatic Pipeline needs to be completed as soon as possible to start the transfer of gas to Europe,” said Erdogan, adding that it was expected to be nished
in 2020.
TANAP’s shareholders are Azerbaijani state energy company Socar (51%), Turkish pipeline operator BOTAS (30%), BP (12%) and Socar Turkey (7%).
Separately, Erdogan reportedly said Turkey and Russia would launch the Turkstream pipeline with a ceremony in Istanbul on January 8. e rst part of that pipeline is designed to supply Turkish domestic customers. It is expected that the second part will cross Bulgaria and Serbia and Hungary.
bne IntelliNews, December 2 2019
KCA Deutag wins contracts at North Sea platforms
Drilling and engineering contractor KCA Deutag has been awarded a ve-year contract extension by CNR International (CNRI) for three platforms in the UK North Sea.
is contract covers the supply of drilling operations and maintenance services on CNRI’s Ninian South, Ninian Central, and Ti any platforms, KCA Deutag said on December 2.
“For several years now KCA Deutag, CNRI and other contractors have adopted a one- team approach, drawing on all our expertise, to drive a culture of innovation and e ciency throughout the operation and maximise oil production,” KCA Deutag’s president for o shore, Rune Lorentzen, said. “ is has been hugely successful and we look forward to working together to continue this success in the future.”
December 2 2019
Ukraine, Russia sign 10- year oil transit agreement
Ukraine’s national oil transport company Ukrtransna a has signed o on a 10-
year transit agreement with its Russian counterpart Transne to carry oil via Ukraine’s pipeline network for the next decade, Ukrtransna a said on Facebook on December 3.
“On December 3, 2019, Ukrtransna a and Transne entered into an additional agreement to the contract on providing
oil transportation services through the territory of Ukraine, which prolongs it for 10 years — from January 1, 2020, to January 1, 2030,” the company said.
However, none of the details of the deal were given. e deal has special signi cance as it comes only a few days before Ukrainian president Volodymyr Zelenskiy is due to
meet with his Russian counter party president Vladimir Putin in Paris where the two will talk about the more signi cant gas transit deal of Russian gas over Ukraine’s territory that is worth $3bn a year in revenue to Kyiv, or some 4%ofGDP.
Director General of Ukrtransna a Nikolai Gavrilenko and Transne Vice President Sergei Andronov signed the document. At the meeting, the parties also discussed the prospects for further cooperation, Ukrtransna a added, Tass reported.
“Apart from prolonging the contract,
an additional agreement between Ukrtransna a and Transne will update a number of its provisions taking into account the current changes in the oil transportation services market in the region,” the company said as cited by Tass.
It was noted that the basic principles of cooperation between companies remain unchanged, including payment procedure for services and the mechanism of interaction at the level of technical services of the two oil transportation operators.
e report also emphasized that concluding the supplementary agreement “guarantees safe and stable operation of the oil transportation system of Ukraine on a long-term basis” and provides for loading the system of trunk oil pipelines with volumes of oil in the direction of European countries.
bne IntelliNews, December 3 2019
Siem Offshore bags
contracts extensions for
two vessels
Norwegian o shore vessel provider Siem O shore has been awarded contract
extensions for two of its vessels, it said on December 3.
e charterer, who was not named, has exercised the rst of two six-month options for the Siem Atlas and Siem Giant vessels, it said. Both extensions are slated to start on December 9.
e two vessels were previously both awarded a one-year contract back in August 2018, coming into force in December of that year. Siem Atlas and Siem Giant are platform supply vessels of an STX PSV 4700 design, and were built in 2013 and 2014 respectively. According to the latest AIS data, both vessels are currently located o the coast of Rio de Janeiro, Brazil.
December 3 2019
Equinor’s Statfjord A platform sees oil leak
Norwegian o shore safety watchdog the Petroleum Safety Authority Norway (PSA) has launched a probe into an oil leak from Equinor’s Stat ord A platform, situated o the coast of Norway, on November 26.
is discharge was detected on the sea surface alongside the North Sea platform,
the PSA said in a report on December 3. Preliminary information indicates that the leak came from one of the cells in Stat ord A’s concrete gravity base structure. e discharge was quickly halted. According to Stat ord operator Equinor, the volume released is estimated at 40-80 cubic meters of oil.
An investigation team comprising PSA specialists is now starting its work.
Stat ord is a eld in the Tampen area in the northern part of the North Sea, on the border between the Norwegian and UK sectors. e Norwegian share of the eld is 85.47%. Equinor last month marked the 40th anniversary of the start of production at the project.
December 3 2019
Equinor’s Statfjord A platform sees oil leak
Norwegian o shore safety watchdog the Petroleum Safety Authority Norway (PSA) has launched a probe into an oil leak from Equinor’s Stat ord A platform, situated o the coast of Norway, on November 26.
is discharge was detected on the sea surface alongside the North Sea platform,
the PSA said in a report on December 3. Preliminary information indicates that the leak came from one of the cells in Stat ord A’s concrete gravity base structure. e discharge was quickly halted. According to Stat ord operator Equinor, the volume released is estimated at 40-80 cubic meters of oil.
Week 48 05•December•2019
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