Page 16 - EurOil Week 46 2021

EurOil NEWS IN BRIEF EurOil

fuel products, the overall impact of the comes in time with its South Harbour potential use of the rig’s SCR system. The
intervention will be a 1-2% drop in Ebitda, expansion project, which is nearing the contract includes two additional one-well
estimated at HUF1 trillion this year, Erste operational commissioning phase. options.
Bank analyst said. “This collaboration with BP comes at Maersk Resolute is equipped with a high-
MOL’s share price plunged 4.8% on a significant time for Aberdeen Harbour, efficiency Selective Catalyst Reduction (SCR)
Thursday. and combined with our multi-million- system that uses ammonia injection to convert
pound investments into our infrastructure NOx into harmless water and oxygen, thereby
and established three-stranded Green reducing NOx emissions by up to 98 per cent.
Croatian financial regulator Port strategy, propels us into being said: “As part of the global transition to net-
Peter Nieuwenhuijze, COO, ONE-Dyas,
Scotland’s leading port for the energy
approves INA’s prospectus transition”, said Bob Sanguinetti, chief zero, the E&P sector has an important role
and significant contributions to make. At
executive of Aberdeen Harbour Board.
for bond issue in the port and providing low carbon power ONE-Dyas, we have great ambitions in terms
“Reducing emissions from vessels berthed
of reducing emissions and our impact on the
Croatian oil and gas group INA said that supplies will be critical to achieving a green environment.
the country’s financial regulator HANFA maritime industry and requires innovative “We look to work with like-minded
has approved its prospectus for a five-year thinking and practices”. partners and are therefore pleased to have
bond issue with a nominal value of up to As for BP, the MoU builds on its awarded the contract for the upcoming
HRK2bn(€266mn) to be offered on the partnership with Aberdeen City Council, drilling campaign to Maersk Drilling,
domestic market. which seeks to help the local authority achieve who are also committed to reducing their
INA has announced plans for the bond its net-zero strategic infrastructure plan and environmental footprint and working in a
issue back in September after getting vision to become a climate positive city. more sustainable manner.”
approval from its board members. Aberdeen city council also announced Maersk Resolute is a 350ft, Gusto-
HANFA has approved the simplified BP as the preferred bidder for a commercial engineered MSC CJ50 high-efficiency jack-up
prospectus for public offering and listing partner for the Aberdeen Hydrogen Hub. The rig that was delivered in 2008. It is currently
of the issue, INA said in a statement hub aims to create Scotland’s first scalable operating offshore the Netherlands.
filed on the website of the Zagreb Stock hydrogen production facility, incorporating After being warm stacked in Denmark,
Exchange (ZSE). solar power, green hydrogen production and a the rig was reactivated earlier this year for an
The bonds will have a par value of refuelling facility for public transport. assignment for Petrogas in the Dutch North
HRK1mn each and will bear a fixed Support for ports and harbours is Sea, which started in April. Following the
interest rate. Coupon payment will be due said to be a key component of BP and completion of the contract with Petrogas, the
semi-annually. partner EnBW’s transformational bid in rig moved on to start a two-well contract for
Hungary’s MOL holds a 49% stake in the ScotWind offshore wind leasing round. Dana Petroleum, also in the Netherlands. The
INA and exercises management rights in If successful, this project would see the contract with Dana expired in October.
the company. development of 2.9 GW of clean energy as
well as a significant investment to accelerate
Scotland’s energy transition. Repsol renames Canaport
Aberdeen Harbour, BP has provided BP with world-class facilities LNG as Saint John LNG
“For nearly 30 years, Aberdeen Harbour
jointly exploring port in support of our North Sea oil and terminal
gas operations. We are delighted to be
decarbonisation projects strengthening that relationship in a way that Spanish oil and gas company Repsol has
we believe will help further the net-zero
Aberdeen Harbour and oil and gas company ambitions of both organisations. We will be completed the acquisition of Canaport LNG
BP have entered the Memorandum of bringing BP’s core skills in solving complex from Canadian oil and gas company Irving
Understanding (MoU) to work on projects energy problems to a progressive and highly Oil and has renamed it Saint John LNG.
that could help decarbonise the port capable port that is uniquely positioned to Repsol has now completed the acquisition
operations. play an integral part in Scotland’s energy of 100 per cent ownership of the terminal.
Under the MoU, the partners will, in transition”, added Emeka Emembolu, BP Initially, it owned 75 per cent of the
service of their net-zero ambitions, identify North Sea senior vice president. partnership and Irving Oil owned 25 per cent.
and develop projects that could reduce The company also renamed the terminal.
emissions and lower air and noise pollution Previously called Canaport LNG, it now
from vessels calling to the port. Maersk gets new Dutch bears the name Saint John LNG. The facility
As disclosed, this includes the potential for: is a liquefied natural gas (LNG) receiving and
* a pilot project to supply shore power North Sea job regasification terminal located in St John, New
(quayside electrification) allowing vessels to Brunswick in Canada. It began operations
turn off main engines while in port to reduce Danish offshore drilling contractor Maersk in 2009 as a joint energy project owned by
emissions and noise; Drilling has been awarded a contract with Repsol and Irving Oil.
* supply of a zero or low carbon power ONE-Dyas, which will employ the harsh The facility can send out a maximum of
supply to all vessels in port, over time; environment jack-up rig Maersk Resolute to 28 million cubic metres of LNG per day.
* exploring the use of hydrogen as a clean drill the IJssel and Clover exploration wells in Additionally, it is sending out natural gas to
marine fuel; and the Dutch sector of the North Sea. both Canadian and U.S. markets. It says it is
* helping to position the harbour to The contract is expected to start in able to supply 20 per cent of the LNG needs of
support offshore wind developments and their December 2021, with a firm duration of 84 the northeast U.S. and Canada.
associated operations and maintenance phase. days. The contract value is approximately
For Aberdeen Harbour, the collaboration $6.9 million, excluding an agreed fee for the

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