Page 10 - EurOil Week 47
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EurOil PROJECTS & COMPANIES EurOil
Elengy, Rubis team up on French LNG storage facility
FRANCE
FRANCE’S Elengy and Rubis Terminal announced last week that they had signed a memorandum of understanding (MoU) on launching preliminary studies on the construc- tion of an LNG storage facility to meet local retail demand for the fuel.
The proposed storage facility, which would be located at France’s Reichstett terminal, would have the capacity to handle 85,000 tonnes per year (tpy) of LNG. Commissioning is scheduled for 2022. The facility’s location would allow it to serve an area that includes eastern France, Aus- tria, southern Germany and Switzerland, at a competitive price, the partners said in a Novem- ber 22 statement.
The companies also expect the project to con- tribute to a reduction in road traffic and related environmental impacts, as the storage facility would be supplied by rail from one of Elengy’s terminals – either Fos Tonkin or Montoir-de- Bretagne. Customers would then have their LNG delivered by trucks loaded directly at the site, they added.
Through development of the facility, the
partners expect to boost connectivity between retail LNG infrastructures in Europe, as well as contributing to the security of LNG supply for the industrial and transport sectors.
“The co-operation with Rubis Terminal is in line with Elengy’s strategy to boost the develop- ment of the LNG as alternative fuel by bringing the supply closer to the clients,” said Elengy’s CEO. Sandra Roche-Vu Quang. “Elengy is pur- suing its industrial ambition to offer innovative energy transition services, particularly for road transport,” she added.
“The development of LNG projects is part of Rubis Terminal’s approach to adapt its ser- vices and infrastructure to the changing energy demand,” added Rubis’ CEO, Bruno Hayem.
The project comes amid a rise in LNG deliv- eries by truck – which allow industrial sites not connected to the natural gas grid to receive sup- ply. Elengy has loaded 20,000 LNG trucks at its three terminals since launching its truck-loading service in 2013. And this figure is set to grow fur- ther following the recent addition of new loading slots at the Fos Cavaou terminal.
Maersk wins UK tow and mooring installation contract
NORTH SEA
MAERSK Supply Service announced on November 21 that it had been awarded a con- tract for an integrated tow and installation pro- ject in the North Sea. The project, which involves a floating production, storage and offloading (FPSO) vessel, is the fourth large moorings pro- ject Maersk will have delivered following its deci- sion to expand and offer integrated solutions in November 2016.
The work scope includes project manage- ment, engineering and offshore execution involving six anchor-handling tug supply and subsea support vessels, Maersk said in a state- ment. The company will provide the full scope of services for the project, including site prepa- ration, installation of pile anchors, towing of the FPSO and final hook-up operations.
“Last year we successfully carried out the tow and installation of the Ailsa FSO for the Culzean field,” said Maersk’s head of integrated solutions, Olivier Trouvé. “This was an important oppor- tunity for us to showcase our capabilities in
providing turnkey solutions to the market. The synergies gained from combining the role of ves- sel owner with project contractor to deliver our solution from one unified team exceeded our expectations and enabled us to meet demanding targets on scheduling, cost and, of course, safety. We look forward to continuing to build on this track record within the UK sector.”
Maersk’s contract comes as demand for FPSOs is expected to increase on relatively sta- ble oil prices and a rise in offshore exploration. Crude prices are still deterring offshore activ- ity to an extent, but operators have succeeded in bringing down costs enough to justify more projects than before.
A GlobalData report in October predicted that 67 new FPSOs would come online by 2025, for an average of 13 per year. Latin America accounts for the majority of the global FPSO market, with 27 projects, of which 21 are located in Brazil, but demand for the vessels is on the rise globally.
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w w w . N E W S B A S E . c o m Week 47 28•November•2019
