Page 10 - EurOil Week 29 2019

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NEWS IN BRIEF
EurOil
Direct Pipe installation completed in Poland
A Direct Pipe® installation has been completed on a Polish gas pipeline project. A consortium comprising Denys and PORR has completed a Direct Pipe micro-tunnelling installation for Gaz-System’s 40-inch (1,016-mm), 55-km Tworog-to-Tworzen gas pipeline.
e installation made used of Denys’ knowl- edge and experience of micro-tunnelling in the varied geology in Europe and North Africa. e pipeline will run alongside an existing high-pres- sure gas pipeline to increase the safety and relia- bility of natural gas transmission to the region, as well as diversifying natural gas sources.
e construction is co- nanced by the Euro- pean Regional Development Fund as part of the “Infrastructure and Environment” programme, which aims to support Poland’s shi towards a competitive and low-carbon economy favouring low power consumption and a reduction of CO2 emissions.
Construction is scheduled for completion in 2020.
TrenchlessInternational.com, July 18 2019
Repsol making progress
with Yme field development
offshore Norway
Spanish oil company Repsol is pressing ahead with the (re)development of the Yme eld o - shore Norway.
OKEA, Repsol’s partner in the North Sea eld, on Friday said the Caisson Permanent Sup- port structure was successfully installed at Yme eld in July. e structure is supporting the well- head caisson to the existing subsea storage tank and the dimensions are 66 metres x 55 metres x 38 metres.
e purpose of the CPS is to secure enough structural support for the wellhead caisson con- nected to the existing subsea storage tank. e Wellhead Module is planned to be transported to the Yme Field in Q3-2019, and the jack-up rig is scheduled to depart the yard for transport to the Yme Field in Q4-2019.
“With this important milestone achieved the Yme New Development project is on sched- ule for first oil in H1-2020,” OKEA said in a statement.
e project is named the Yme New Develop- ment, following an unsuccessful attempt by the previous operator Talisman to develop the eld, which had been expected to start producing in 2010.
OffshoreEnergyToday.com, July 19 2019
PKN ORLEN reports
consolidated financial
results for Q2-2019
In the second quarter of 2019, PKN ORLEN earned LIFO-based EBITDA of PLN2.7bn (€635mn), an increase of more than PLN600mn (€141mn) year on year.
Earnings improved despite a more chal- lenging macroeconomic environment, a ected chie y by the declining Brent/Urals di erential (down by $1.7 per barrel y/y). e group’s LIFO- based EBITDA was driven mainly by robust performance in downstream and retail, of nearly PLN2bn (€ 470mn), up by over PLN400mn (€ 94.1mn) y/y and PLN859mn (€138.5mn), respectively.
Although oil supplies via the Druzhba pipe- line were temporarily halted, the Group’s crude throughput in the second quarter reached 8.3mn tonnes, resulting in a 9% year-on-year increase in re nery runs. is was achieved largely on the back of consistent e orts to diversify oil supply sources, giving the Group more exibility in its procurement decisions. The high processing volume coupled with year-on-year growth in product consumption translated into a 2% year on year increase in sales.
At the beginning of July, PKN ORLEN led a formal application for the European Com- mission’s approval of its proposed acquisition of Grupa LOTOS.
PKN Orlen, July 19 2019
Containerships takes
delivery of second LNG-
fuelled vessel
Containerships, a subsidiary of the CMA CGM Group, has taken delivery of its second LNG-powered container vessel Containerships Polar. Containerships said on July 18 that its sec- ond container ship to be powered by LNG, the Containerships Polar, would be phased into the redesigned BALT 2 service in the Port of Rotter- dam on June 23, 2019.
With transit times of only 3-5 days, the BALT 2 service links Northern Continental Europe with the Baltic States and Russia.
A total of seven major European ports are served, including Teesport, Zeebrugge, Rotter- dam, Helsinki, St. Petersburg, Riga and Gdynia.
At the beginning of May, the 1,380-TEU vessel started its voyage from Guangzhou Wen- chong Shipyard in China to Northern Europe, where it will operate alongside its sister ship, Containerships Nord. On its way from China, the vessel made a stop at the Malta Freeport
Terminal.
The company added that the vessel’s first
LNG bunkering would be carried out in Rotter- dam at the end of June, when it will fuel up with approximately 200mn tonnes of LNG via ship- to-ship bunkering.
Also, by the end of the year two more LNG-powered sister vessels, the Containerships Arctic and Containerships Aurora, will join the company’s eet.
LNGWorld News.com, July 20 2019
TechnipFMC awarded
significant integrated EPCI
contract for Neptune Energy
in the North Sea
TechnipFMC has been awarded a significant integrated engineering, procurement, construc- tion and installation (iEPCITM) contract from Neptune Energy for the Seagull project, located in the Central North Sea. is contract is the sec- ond call-o under the recently announced ve- year strategic global alliance agreement between TechnipFMC and Neptune Energy.
TechnipFMC will manufacture, deliver and install subsea equipment including production and water wash pipelines, umbilicals, subsea structures and control systems.
Arnaud Pieton, president subsea at Technip- FMC, commented: “We are delighted to partner again with Neptune Energy. Our alliance clearly demonstrates the importance and value of early engagement and collaboration as well as our ability to o er clients a full suite of services and global experience. We look forward to expand- ing our working relationship through the devel- opment of elds such as Seagull. As architects of our clients’ projects and through the adoption of collaborative working methods, we can bring more e cient, repeatable solutions to our clients that increase value, reduce engineering inter- faces and time to market.”
Neptune Energy is the operator of the Seagull discovery, together with joint venture partners BP and Japex.
Seagull is a high-pressure, high-temperature oilfield located in the Central North Sea at a water depth of approximately 90 metres. Com- prising four subsea production wells, a new 5-km pipe-in-pipe production line and a 17-km control umbilical, Seagull outputs will travel via the Heron pipeline system to the BP-operated ETAP (Eastern Trough Area Project) develop- ment and on through the Forties pipeline system to Grangemouth, UK.
TechnipFMC, July 22 2019
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Week 29 25•July•2019