Page 13 - DMEA Week 40 2022
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DMEA                                      REFINING & FUELS                                            DMEA



                         “Our acquisition of OVH brings more NNPC   attract the right investments which enable the
                         branded fuel stations under the NNPC Retail   growth of our operations.”
                         Ltd umbrella, providing wider access for our   Meanwhile, Huub Stokman, the CEO of
                         customers, an enriched supply chain and prod-  OVH, commented: “This acquisition by NNPC
                         uct availability across our different locations,”   comes at a critical time in the Nigerian energy
                         Kyari said.                          sector ... We have always focused on a val-
                           He added: “Our goal as NNPC Ltd is to   ue-driven approach, prioritising the quality of
                         become a catalyst for massive improvement   products and services offered to our custom-
                         within the downstream oil and gas industry;   ers, at both retail and commercial levels. This
                         therefore, access to the extensive asset base of   acquisition enables the combined strengths
                         OVH is our audacious step towards attaining   of both entities, to innovate our offerings and
                         this goal. We are positive that this is the much-  infrastructure, necessary to transform the
                         needed transformation required by the sector,   downstream energy sector in Nigeria and West
                         as it provides us with an integrated platform to   Africa.” ™


       Baker Hughes signs service contract for




       Coral Sul FLNG offshore Mozambique






            AFRICA       BAKER Hughes (US) has agreed to provide
                         maintenance and monitoring services for tur-
                         bomachinery operations on the Coral Sul float-
                         ing LNG (FLNG) vessel, which is being used to
                         execute the Coral South LNG project offshore
                         Mozambique.
                           In a statement dated September 30, Baker
                         Hughes said it had signed a service contract that
                         fixed various metrics, including the “reliability
                         of compressors and efficiency and low emis-
                         sions of gas turbines,” by which it would check
                         the performance of the FLNG’s rotating equip-
                         ment. The contract also calls for the US-based
                         oilfield services provider (OSP) to provide res-
                         ident engineers, supervisors, spare parts and
                         services to support maintenance operations, the
                         statement noted.                      The deal builds on Baker Hughes’ older contract for work on the FLNG (Photo: Eni)
                           Baker Hughes did not reveal the value of the
                         deal. However, it did say that the contract had   provision of services related to the Coral Sul
                         a term of eight years and that implementation   FLNG’s power and gas refrigeration process.
                         would begin in late 2022.            This contract covers four turbo-generation
                           It went on to say that the company was   units, as well as four turbo-compression trains
                         committed to making use of local resources   with aeroderivative and centrifugal compressor
                         in Mozambique in order to help develop local   technology, it said.
                         capacity and talent. However, it did not reveal   Rod Christie, Baker Hughes’ executive vice
                         whether it had identified any specific local part-  president for turbomachinery and process solu-
                         ners yet.                            tions, commented: “This agreement shows how
                           The statement also noted that the new ser-  we embed our decades of LNG experience and
                         vice contract called for Baker Hughes to provide   constant collaboration with our customers to
                         monitoring and diagnostics services. These will   develop solutions to meet their specific needs
                         involve the OSP’s iCenter capabilities, which   and outcomes. Demand for LNG is on the rise,
                         include Carbon Optimizer and a package of   illustrating how natural gas is playing a founda-
                         other digital services that are based on System   tional role in supporting the many types of tran-
                         1, a technology developed by Bently Nevada, it   sitions along the paths to net-zero emissions.”
                         said.                                  Eni (Italy) and its partners in the Coral South
                           The package comprises cyber asset manage-  LNG consortium are using the Coral Sul FLNG
                         ment, data services and health and maintenance   to liquefy gas in a section of a block known
                         monitoring, it explained.            as Area 4, offshore Mozambique. The vessel
                           It further stated that the new contract built   has a single production train and is currently
                         upon Baker Hughes’ existing contract for   anchored in 2,000-metre-deep water.



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