Page 11 - LatAmOil Week 41 2019

LatAmOil
LatAmOil
Veolia awarded contract for a seawater treatment package for offshore Guyana FPSO
Veolia Water Technologies, through its subsid- iary VWS Westgarth Ltd, has been awarded a multi-million dollar contract by SBM Offshore for the supply of a seawater treatment package for the Liza Unity FPSO, located in the Stabroek block offshore Guyana.
The award is for the design and procurement of equipment with construction technical assis- tance for a seawater treatment plant sized for 263,244 bpd (41,856 cubic metres per day) of low sulphate water and 31,700 bpd (5,040 cubic metres per day) of reverse osmosis process water for the Liza Unity floating production storage and off-loading (FPSO) unit, which will operate in the Liza Field offshore Guyana.
The seawater system, provided as two ful- ly-integrated process modules, incorporates the sulphate reduction (SR) nano-filtration mem- brane process to selectively remove barium and strontium from the injected seawater, preventing the formation of barium or strontium scale in the reservoir or production pipe internals. The SR process leaves the other salts (sodium, chloride, etc.) substantially unaffected, maintaining the stability and permeability of the oil reservoir formation clays.
This is the 12th contract awarded from SBM Offshore to Veolia and can be attributed to the successes of previous projects executed for the company. Liza Unity FPSO will be the largest capacity FPSO that SBM Offshore has designed. The FPSO will be spread moored in a water depth of 1,633 metres and will be able to store around 2mn barrels of crude oil.
Liza Unity is a strategic project for SBM Offshore and VWS Westgarth’s knowledge and experience on water treatment systems will be of key importance for the success of the development.
The exceptional collaboration and teamwork already put in place by both companies have formed a solid base for a safe and quality-driven delivery of the project scope.
Luis Ferreira, Package Manager, SBM Off- shore: “Liza Unity is a significant project for Veolia, as this is the first of SBM Offshore’s Fast- 4Ward® projects. Fast4Ward aims to standardise FPSOs as far as possible and by securing this contract, we now have the opportunity to deliver a seawater treatment package that exceeds SBM Offshore’s expectations on this project and sup- port a positive future for both parties.”
Daniel Vallance, Manager of Projects, VWS Westgarth Ltd: “VWS Westgarth is the world
leader in sulphate removal systems, and has an impressive reference list in upstream water treat- ment applications. Many years of designing and building water treatment and desalination plants means that VWS Westgarth has a thorough understanding of water treatment processes. As part of Veolia Water Technologies, the company is able to utilise the specialist R&D and process abilities of the world’s largest water treatment company.”
Veolia, October 15 2019
LNG
Klaipėdos Nafta in
discussions on operation of
LNG terminal in Brazil
Klaipėdos Nafta (KN) is negotiating with UTE GNA I Geração de Energia (GNA) for the provi- sion of operations and maintenance services in connection with GNA’S LNG Terminal, located in Porto do Açu (state of Rio de Janeiro), one of the main port complexes in Brazil, which offers a series of logistical solutions for the Brazilian oil and gas market.
KN would be participating in the project as the provider of LNG terminal services, which, in case of successful agreement, would involve its knowledge and competence to ensure flawless operations of the LNG terminal in Porto do Acu.
The project, developed by GNA, encom- passes the implementation of two natural gas- fired combined-cycle thermoelectric plants with the combined capacity of around 3,000 MW and an FSRU-based LNG regasification terminal with a capacity of 21mn cubic metres per day. More detailed information about the project is provided at www.gna.com.br.
“We maintain our strategic direction and remain interested in the opportunities allowing to engage in perspective international LNG pro- jects. It is a great acknowledgment of our com- petence and operational excellence, when they grant us invitations to participate in the interna- tional tenders. We hope that negotiations with GNA will be concluded successfully and our involvement in this project in Brazil will con- tribute to creating additional value both for our
shareholders and clients,” says Darius Šilenskis, acting CEO of KN.
According to Šilenskis, in order to be able to conclude the contract with GNA, certain prepa- rations, connected with corporate governance procedures, on behalf both of KN and GNA will have to be carried out in advance.
“Currently, we are going through a very effi- cient negotiation process with GNA. Although it is early to predict when the agreement could be finalised, we make our best efforts to assure that all preparation works are carried out in advance, so that we could focus on the provision of the services right away, should the contract be con- cluded” says Šilenskis.
As negotiations are still ongoing, further information regarding the contract is considered confidential.
KN has already partnered with companies developing LNG projects in Latin America. In 2015 the company was awarded a consultancy tender in the Port of Cartagena, Colombia. The KN team provided consultations on the technical condition of the port and terminal operations, risk and security management and training of key specialists and other assistance in the commissioning of the LNG terminal. Klaipedos Nafta, October 10 2019
FINANCE
Bahamas Petroleum
launches open offer to raise
funds amid plans to drill
exploration well
Bahamas Petroleum said it would launch an open offer to shareholders to raise capital that was needed to fund the drilling of an initial exploration well in the first half of 2020.
The company proposed a GBP 7mn open offer at a price of GBP 0.02 per share to enable all existing shareholders to participate in its next fundraising and entered into a subscription agreement for the previously announced GBP 10.25mn conditional convertible notes.
While a farm-out remained its preferred funding option, the company said it was moving forward with a funding strategy, so that it can deliver on drilling regardless of the outcome of farm-out discussions.
“Given the progress made in relation to our funding strategy, we have notified Seadrill of our desire to receive a rig in late Q1-2020, and we are now working collaboratively with Seadrill on both finalising the long-form rig contract and preparing for drilling,” the company said. Bahamas Petroleum, October 10 2019
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