Page 13 - AsianOil Week 01

AsianOil
NEWS IN BRIEF
AsianOil
Regime. Since 2011, PTT Co., Ltd. had been the only LNG importer until in 2017 EGAT was assigned by the National Energy Policy Council to be a new shipper. The ceremony of the LNG first shipment proves that Thailand’s LNG terminal and natural gas pipeline system is ready for the future natural gas market liberalization.
EGAT, January 6, 2020
EAST ASIA
Mitsubishi, MOL sign
contract for LNG-fueled
ferry
Mitsubishi Shipbuilding, a group company
of Mitsubishi Heavy Industries (MHI) based in Yokohama, has concluded a contract with Mitsui O.S.K. Lines (MOL) to build two LNG- fueled ferries, the first such project in Japan. These vessels will be built at the Shimonoseki Shipyard & Machinery Works, with successive completion and handover scheduled for the end of 2022 to early 2023. Ferry Sunflower Limited based in Oita, will operate the ferries on its Osaka-Beppu route.
The ferries will be about 199.9m long
and 28.0m wide, with gross tonnage of approximately 17,300 tonnes. They will
have maximum prescribed capacity for 763 passengers, and carrying capacity for around 136 13-meter trucks and 100 passenger
cars. The main power plant will be a high- performance dual-fuel engine able to operate on both liquefied natural gas (LNG) and A‐type heavy oil, the first for a Japanese
ferry. These engines will provide exceptional environmental performance, with a 20% reduction in carbon dioxide (CO2) emissions compared to existing vessels and virtually eliminating sulfur oxide (SOx) emissions, reducing the environmental load.
Carrying capacity for trucks has also been significantly increased compared to existing vessels, with an expanded driver’s lounge and more area per passenger. The ferries will meet
the need for a modal shift in transportation and represent an evolution in casual cruising, with relaxed and open public spaces including an expanded bath and restaurant, and an atrium extending through three floors. MITSUBISHI HEAVY INDUSTRIES, December 27, 2019
OCEANIA
Butlers appraisal program
concluded, Rincon
appraisal commences
Cooper Energy announces the 4 well appraisal program of the Butlers oil field in the Cooper Basin by the PEL 92 joint venture, announced 5 December, has been concluded. Cooper Energy has a 25% interest in the joint venture with the balance held by the Operator, Beach Energy.
As with the preceding Parsons and Callawonga campaigns, the Butlers campaign was designed to test field limits. Butlers-10 and -11 came in high to prognosis and have identified a potential additional target in
the McKinlay Member with moveable oil demonstrated by MDT (Modular formation Dynamic Tester) at Butlers-10.
The results of the 4 wells drilled at Butlers are:
- Butlers-10, located approximately 540 metres south-east of Butlers-6, was plugged and abandoned with oil shows in the McKinlay Member after drilling to a total depth of 1,697 metres MDRT (measured depth below rotary table).
- Butlers-11, located approximately 460 metres south-east of Butlers-4, had oil shows and was cased and suspended in preparation for a cased hole test of the McKinlay Member reservoir after drilling to a total depth of 1,681 metres MDRT.
- Butlers-12, located approximately 350 metres south-west of Butlers-1, was dry and plugged and abandoned after drilling to a total depth of 1,695 metres MDRT.
- Butlers-13, located approximately 500 metres north-west of Butlers-2, completed the program and was dry and plugged and abandoned after drilling to a total depth of 1,694 metres MDRT.
COOPER ENERGY, January 6, 2020
Cooper Energy updates on Sole Gas project
Cooper Energy provides the following update on the Sole Gas Project and, in particular, the upgrade to the Orbost Gas Processing Plant located in East Gippsland, a region currently subject to bushfires. APA Group is completing the upgrade to the plant to process gas from the Sole gas field. Our foremost priority
is the safety of our people, the staff and contractors working at the plant and the local communities in which we operate.
There are no Cooper Energy personnel in the bushfire affected areas. APA has advised its non-essential personnel were evacuated from the area and those remaining are safe. APA has advised the plant has not been impacted by the fires and power is available on site. The Orbost Gas Processing Plant is equipped with fire protection and fighting facilities.
COOPER ENERGY, January 6, 2020
Tap, ENI surrender WA-34-R
Tap Oil advises that its 100% owned subsidiary, Tap Bonaparte Pty Ltd, and
joint venture partners in the WA-34-R Joint Venture have agreed to jointly surrender their interests in WA-34-R.
WA-34-R is a Retention Lease in the offshore Bonaparte Basin, Western Australia which contains the Prometheus/Rubicon Gas fields discovered in June and December 2000 respectively. Tap Bonaparte Pty Ltd holds a 12% participating interest.
The WA-34-R Retention Lease was extended for a second five year period in 2015 (2015 -2020). During this period, the joint venture partners, led by operator, ENI Australia
Ltd, evaluated a range of commercialisation opportunities for the Prometheus/Rubicon
gas fields. Having considered all realistic commercialisation opportunities under a range of economic assumptions, the joint venture partners concluded the returns on potential developments were unattractive against the costs and risks. A mutual decision was therefore taken by all joint venture holders to surrender the Retention Lease for WA-34-R.
The National Offshore Petroleum Titles Administrator (NOPTA) has confirmed the proposed surrender, which was finalised on 24 December 2019.
TAP OIL, January 6, 2020
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