Page 18 - AsianOil Week 38

AsianOil NEWS IN BRIEF AsianOil

JAPEX announces largest lng bunker vessel documents required to be approved by the
National Offshore Petroleum Safety and
Fukushima gas-fired power The world’s largest LNG bunker vessel has Environmental Management Authority
(NOPSEMA). Both of these documents have
been officially named at a ceremony held
unit start up today in Rotterdam. The 18,600-m³ GTT now been approved.
Mark III Flex membrane vessel has been
Mobilisation of the Ocean Apex drilling
Japan Petroleum Exploration Co., Ltd. named “Gas Agility”. rig for the Ironbark-1 well is expected to
(JAPEX) announced that the No.2 unit First LNG bunker vessel owned by commence mid-October, with drilling
of Fukushima Natural Gas Power Plant Emerald Green Maritime Limited, a wholly expected to begin by the end of October.
commenced commercial operation today at owned subsidiary of Mitsui O.S.K. Lines, Exploration permit WA-359-P is located
0:00 AM. The power plant has been under Ltd. (MOL), she is chartered by Total’s in the Carnarvon Basin, offshore Western
construction by Fukushima Gas Power, which affiliate Total Marine Fuels Global Solutions Australia, approximately 50km from existing
is a project company to promote the project (TMFGS). North West Shelf LNG infrastructure.
of natural gas-fired power generation at Soma In February 2018, TMFGS and MOL The Ironbark-1 well is expected to drill to
Port in Shinchi Town, Fukushima Prefecture, signed the Time Charter Party for this approximately 5500 metres and will be the first
which JAPEX participate as the project epoch-making LNG bunkering vessel*. test of the world class Ironbark gas prospect.
partner. Construction started in China in November Cue is fully funded for its expected
As the basement of the project, the power 2018 at Hudong-Zhonghua Shipbuilding’s participating interest costs of the well through
plant had been under construction at Soma yard. Delivered in April 2020, the “Gas funding from farm-in agreements with
Port No.4 Warf, since the investment decision Agility” meets the highest technical and partners BP, Beach Energy and New Zealand
in October 2016 by FGP and its shareholders: environmental standards, using LNG herself Oil & Gas and approximately US$8 million of
JAPEX, Mitsui & Co., Ltd., Osaka Gas Co., as propulsion fuel, and integrating a complete cash reserves which have been escrowed.
Ltd., Mitsubishi Gas Chemical Co., Inc., re-liquefaction of the boil-off gas. CUE ENERGY, September 22, 2020
Hokkaido Electric Power Co., Inc. MOL, September 18, 2020
Together with the No.1 Unit commenced Comet Ridge in double
commercial operation on April 30, 2020, the
power plant’s generation capacity is a total of OCEANIA block win
1.18 million kW (two units of 0.59 million
kW). The power plant uses regasified LNG Ironbark-1 regulatory Comet Ridge is excited to announce that
(Liquefied Natural Gas) for fuel, as the lowest the Company has been selected by the
emission of Green House Gas (GHG) and air approvals complete Queensland Government as preferred
pollutants among fossil fuels*1 and adopts tenderer for two additional gas blocks, in the
GTCC (Gas Turbine Combined-Cycle) with Regulatory approvals required for the drilling highly sought after and emerging Mahalo Gas
highly generation efficiency of 61%*2 by of the Ironbark-1 well in exploration permit Hub, west of Gladstone in central Queensland.
utilizing the latest technologies to the proven WA-359-P have now been completed and the Comet builds significantly on the Mahalo
model. Operator, BP, is making final preparations for North block win from October 2019, with
JAPEX, September 24, 2020 the handover of the Ocean Apex drilling rig, two further blocks immediately to the east of
expected to be in October. Mahalo North and also adjoining the Mahalo
Total, MOL name world’s Plan and the Safety Case for the Ocean Gas Project. The company will be Operator of
The Well Operations Management
both blocks on a 100% equity basis, allowing
Apex drilling rig were the final regulatory the Company to control the style and speed

P18 www. NEWSBASE .com Week 38 24•September•2020