Page 17 - AfrOil Week 06 2021
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AfrOil                                      NEWS IN BRIEF                                              AfrOil








       ACTING believes in the promotion of transpar-  represent a major accident hazard for the energy  Drilling.
       ent business practices and the adoption of sound  industry, and whilst surveillance systems using   The Maersk Venturer is a high-specification
       environmental, social and corporate governance  radar, AIS and cameras provide a real time pic-  7th generation drillship delivered in 2014. It is
       standards to promote investments across the  ture of maritime activity, these are not always  currently warm-stacked in Las Palmas, Spain,
       African gas value chain. With its partners, it will  being operated and monitored to their full  after finishing a campaign in Ghana for Tullow
       be supporting a broad range of gas industries,  capabilities therefore increasing risk to assets. In  in 2020.
       including LNG, LPG, CNG, piped natural gas,  summary, ASCO’s dedicated monitoring service   Maersk Drilling, February 04 2021
       gas-to-power and hydrogen.          ensures that ship platform collisions and threats
       African Energy Chamber, February 03 2021  to subsea infrastructure do not go undetected.”
                                           ASCO, February 09 2021               POLICY
                                           Maersk Drilling selected             DPR comments says
       SERVICES
       ASCO starts the year with           for long-term drilling               most thefts of crude oil

       West Africa contract wins           campaign by Tullow Oil               occur at inland terminals

       Global integrated materials and logistics man-  Maersk Drilling has received a conditional let-  The Department of Petroleum Resources (DPR)
       agement company, ASCO, has started 2021 with  ter of award (CLOA) from Tullow Ghana for  disclosed that majority of the crude oil theft
       the announcement of two vessel monitoring  the provision of the ultra-deepwater drillship  recorded in the country’s petroleum industry
       contracts in West Africa, worth in the region of  Maersk Venturer and additional services for a  occur in the inland terminals, noting that it is
       $3.5mn.                             development drilling campaign at the TEN and  practically impossible to steal crude oil from the
         Contracts include provision of ASCO’s fully  Jubilee fields offshore Ghana.  offshore terminals.
       managed vessel monitoring service for collision   The duration of the final contract is around   In a statement issued by its Head of Public
       risk management, along with an entire field  four years with expected commencement in  Affairs Paul Osu in Abuja, the Director of the
       monitoring solution inclusive of design, pro-  Q2-2021. The estimated value of the final con-  DPR Sarki Auwalu explained, however, that
       curement, installation, maintenance and mon-  tract is approximately $370mn, excluding the  Nigeria has over 30 terminals, with only five of
       itoring. The vessel monitoring service is just one  value of the additional services provided and  them being land terminals.
       of ASCO’s dedicated global marine services,  performance bonuses. The operation will be   Auwalu, who was making a presentation
       offering clients a 24/7/365 global marine control  supported by local partner Rigworld.  before the House of Representatives Ad-hoc
       service coordinated from a dedicated marine   The final contract has a progressive day rate  Committee on Oil Theft in Abuja, also stated that
       operation centre in Aberdeen.       structure for the full duration of the contract.  Nigeria’s crude oil production and lifting were
         Fraser Coleman, ASCO Marine Operations  However, after the initial period of 18 months,  properly accounted for, while he provided clari-
       Manager, said: “These contract awards are con-  the contract has a provision to shift to a mar-  fications on the process it uses for accounting for
       firmation of the excellent service provision that  ket-linked day rate structure.  crude oil production in the country.
       ASCO already delivers and demonstrates our   The final contract is conditional upon certain   He said: “Most of the thefts, they are coming
       capabilities of multi-regional for vessel moni-  regulatory conditions being met. Maersk Drill-  from land terminals because the land producers
       toring and collision risk management. Through  ing will publish an announcement upon conclu-  have to use pipelines to transport the crude into
       advanced technology and our team of experi-  sion of a final contract.   the terminals for export. In the process, you have
       enced mariners, we are able to provide a relia-  “We’re delighted to get this opportunity to  a lot of third-party interference, which results in
       ble and immediate service to clients anywhere  secure a long-term contract for [the] Maersk  volumes that are being taken and are stolen. So,
       in the world from our operations control room  Venturer, as Tullow once again shows confidence  [for] most of the discrepancies in production
       in Aberdeen, ensuring the best use of valuable  in Maersk Drilling’s ability to deliver stable and  and export, you can easily calculate the theft vol-
       marine resources.”                  highly efficient operations to their major devel-  ume. And the theft volume, if not all, come from
         Craig Revie, ASCO Group Energy Transition  opment projects in Ghana. This also means that  the land terminals. But [with] the offshore termi-
       Manager, who has more than 20 years of experi-  we will be able to continue our work with the  nals, it is actually practically impossible to steal
       ence working in the field of offshore maritime  Ghanaian community and local suppliers who  crude from offshore terminals, since it is from
       surveillance, commented: “Interactions between  have previously contributed to our West African  the bottom of the sea.”
       vessels and offshore structures continues to  operations,” says Jørn Madsen, CEO of Maersk   DPR, February 04 2021




















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