Page 12 - AsianOil Week 36 2022
P. 12

AsianOil                                     NEWS IN BRIEF                                           AsianOil







       SOUTHEAST ASIA                      the United States, Brunei, and Malaysia, these   and the government of Sarawak are critical
                                           artificial coral reefs will create new habitats   to achieving this milestone with Rosmari-
       Supporting marine                   and ecosystems to increase biodiversity in   Marjoram. Shell has a long and proud history
                                                                                in Sarawak, and we look forward to contribute
                                           these waters, which is very good for the
       ecosystem maintenance,              environment and sustainability.      further to Sarawak and Malaysia’s economic
                                                                                growth through investments in competitive
                                              Meanwhile, the president director of
       Pertamina Hulu East                 Pertamina Hulu Indonesia, the parent   and resilient projects.”
                                           company of PHKT, Chalid Said Salim, said
                                                                                  The Rosmari-Marjoram development
       Kalimantan signs rig-to-            that the rig to reef concept also reduces   is one of the strategic projects to ensure a
                                           decommissioning costs by up to 10-20%
                                                                                sustained gas supply to the Petronas LNG
       reef pilot project agreement        because it reduces the handling cost on land.  Complex. The project comprises a remotely
                                                                                operated offshore platform and onshore gas
                                              “This pilot project is a breakthrough in
       with South Korea                    Indonesia’s upstream oil and gas industry   plant, with infrastructure that includes one
                                                                                of the longest sour wet gas offshore pipelines
                                           which can later become a reference for
       Pertamina Hulu Kalimantan Timur (PHKT)   decommissioning projects in the future, both   in the world stretching more than 200 km.
       signed a joint agreement for the rig-to-reef   in terms of planning, licensing, engineering,   Rosmari-Marjoram project is designed to
       pilot project with Khan from South Korea as   to implementation,” said Chalid.  produce 800mn standard cubic feet of gas
       a form of commitment to carry out compliant   PERTAMINA, September 09, 2022  per day (mmscf per day). Gas production is
       and environmentally friendly oil and gas                                 expected to start in 2026.
       operations in all areas of the company’s   Shell invests in Rosmari-     SHELL, September 05, 2022
       operations.
         The general manager of Zona 10,   Marjoram in Sarawak,                 First Gen unveils the “BW
       Djudjuwanto, explained that the signing
       of this activity is a continuation of the   Malaysia                     Batangas” FSRU
       programme since the initiation of this pilot
       project in July 2019. According to him,   Sarawak Shell Berhad (SSB) (80%, operator),   FGEN LNG, a wholly owned subsidiary
       this project agreement is a derivative of the   a subsidiary of Shell, together with Petronas   of First Gen, and BW LNG, a leading
       implementing arrangement, a legal umbrella   Carigali (20%), has taken a final investment   developer, owner and operator of floating
       between the government of Indonesia and   decision (FID) to develop the Rosmari-  gas infrastructure, today announced their
       South Korea, signed in March 2022.  Marjoram gas project.                intention to rename the floating storage
         “This project agreement is a legal   Rosmari-Marjoram fields are situated   regasification unit (FSRU) that will be used for
       protection that regulates in more detail related   220 kilometres (km) off the coast of Bintulu,   FGEN LNG’s interim offshore LNG receiving
       to the implementation of the demolition of   Sarawak, Malaysia and will be powered by   terminal (project) from the “BW Paris” to the
       oil and gas platforms in the Attaka field, their   renewable energy, using solar power for the   “BW Batangas”.
       transportation, and sinking near the Bontang   offshore platform.          In April 2021, FGEN LNG and BW LNG
       conservation area. To become a supporting   “Rosmari-Marjoram will help to deliver   executed a five-year time charter party
       structure for coral reef growth, commonly   a secure and reliable supply of energy,   (TCP) for the charter of the “BW Paris” and
       called rig-to-reef,” said Djudjuwanto.  responsibly and efficiently,” said Shell   it is intended that the name change to the
         With this new habitat and ecosystem   Upstream Director Zoe Yujnovich. “This   “BW Batangas” will be carried out before its
       resulting from this rig-to-reef project, hoping   demonstrates our Powering Progress strategy   deployment to the First Gen Clean Energy
       that it will increase fish populations, create   – powering lives, generating value, and   Complex in Batangas City, Philippines by
       a multiplier effect of economic growth, and   reducing emissions by using renewable energy   the end of Q2 or early Q3 2023. The “BW
       increase fishermen’s catches and the economy   to power Rosmari-Marjoram.”  Batangas” will serve to provide LNG storage
       of diving tourism (recreation diving).  Ivan Tan, Country Chair and Senior Vice   and regasification services to First Gen’s
         As has been implemented in other   President Upstream Malaysia said: “The   existing and planned gas-fired power plants
       countries, such as in the Gulf of Mexico of   support and partnership from Petronas   and other third-party terminal users.
                                                                                  FGEN LNG expects to complete the
                                                                                construction of the project by the end of Q1
                                                                                2023. The project will accelerate the ability to
                                                                                introduce LNG to the Philippines, to serve
                                                                                the natural gas requirements of existing
                                                                                and future gas-fired power plants of third
                                                                                parties and FGEN LNG affiliates. FGEN LNG
                                                                                believes the Project will play a critical role
                                                                                in ensuring the energy security of the Luzon
                                                                                Grid and the Philippines, particularly as the
                                                                                indigenous Malampaya natural gas resource
                                                                                continues to decline.
                                                                                  “As Governor of Batangas, I have always
                                                                                been a staunch supporter of clean and
                                                                                affordable energy. I applaud First Gen’s efforts
                                                                                in developing its interim offshore LNG
                                                                                receiving terminal located at the First Gen



       P12                                      www. NEWSBASE .com                      Week 36   09•September•2022
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