Page 13 - AsianOil Week 24 2021
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AsianOil                                    NEWS IN BRIEF                                           AsianOil







       A S IA-PACIFIC                      of Aishwariya Barmer Hill Development,   production business in the future, is to
                                           which is currently handling total liquid of   investigate the potential for such a business
       Cairn celebrates Aishwariya         ~35,000 barrels of liquid per day (blpd) with   by identifying issues and acquiring basic
                                           ~10,000 barrels of oil per day (bopd) and has
                                                                                information that will form the basis for
       oilfield production                 a capacity of handling total liquid of ~100,000   business feasibility evaluations.
                                           blpd with minor upgrades. This has paved
                                                                                  Specifically, JERA plans to evaluate
       milestone                           the way for future development plans for   the potential—including area, scale, and
                                           Aishwariya and Aishwariya Barmer Hill.
                                                                                economic feasibility—of developing a
       Cairn Oil & Gas, Vedanta Limited, India’s   CAIRN OIL & GAS, June 15, 2021  methanation business that would produce
       largest private oil and gas exploration                                  CO2-free methane gas from hydrogen
       and production company, has completed                                    generated using low-cost renewable energy
       eight years of prolific production from   SOUTHEAST ASIA                 and CO2 captured from existing thermal
       its Aishwarya oil field situated in Barmer,                              power plants and refineries in the United
       Rajasthan. Aishwariya is the sister field   Allegations related to Aker   States.
       to Cairn’s largest discovery in the region,                                Because methanation enables the
       Mangala, and has contributed significantly   Solutions                   production of CO2-free LNG from CO2-
       to Cairn’s production with an estimated 54                               free methane gas, JERA believes it to be a
       million barrels of crude oil produced till date  Petronas refers to allegations that oil and gas   promising technology for utilizing existing
         The prolific nature of Aishwariya had   services provider, Aker Solutions, had made   LNG-related infrastructure to achieve low-
       become apparent when the field reached the   false representations to secure a PETRONAS   cost decarbonization in Japan and other
       production milestone of 10 million barrels of   license in relation to the ownership status of   countries around the world.
       crude oil within a year and a half of start of   one of its local entities.  JERA will conduct the study from June
       production. Coupled with the hard work and   As the allegations are now under the   2021 to February 2022, leveraging the
       dedication of the Cairn Oil & Gas team, the   purview of the authorities, PETRONAS is not   expertise of its subsidiary, JERA Americas
       asset has contributed to domestic production   in a position to provide any statement and will   Inc., which promotes renewable energy
       of crude in the country.            extend its fullest cooperation to the relevant   development and hydrogen utilization in
         Speaking on the occasion, Prachur Sah,   authorities.                  addition to its gas-fired power generation and
       Deputy CEO, Cairn Oil & Gas, said, “This   PETRONAS, June 11, 2021       LNG production businesses in the United
       milestone is a result of our efforts that have                           States.
       accelerated growth plans, enabling safer                                 JERA, June 16, 2021
       oil production to put India on the path to   EAST ASIA
       energy security. The economic and social                                 FSRU arrives for KARMOL’s
       impact of oil production from Rajasthan   JERA to conduct study on
       has been immense and Aishwariya has been                                 landmark LNG transition
       an integral part of this growth journey. I’m   CO2 capture, methanation
       confident that we will continue to deliver                               KARMOL’s first Floating Storage and
       ‘Only Safe Production’ with focused efforts   in US                      Regasification Unit (FSRU) has arrived in
       and commitment as we march ahead in our                                  Dakar, marking a major step forward in
       organizational vision to achieve 50% of India’s   JERA has received notice of acceptance of   KARMOL’s LNG-to-Power project to supply
       crude production.”                  its grant application to conduct a feasibility   reliable, affordable, and cleaner energy to
         Recently, execution of various new   study on CO2 capture and methanation in   Senegal.
       growth projects has started in Aishwariya   the United States under the New Energy   The FSRU travelled from Singapore, where
       field. The Polymer Enhanced Oil Recovery   and Industrial Technology Development   it was constructed in a 50/50 joint venture
       (EOR) project has resulted in ~25% increase   Organization’s program.    between Karpowership and Japanese firm
       in production. Also, a new processing   The purpose of the study, with an eye   Mitsui OSK Lines, called KARMOL. This is
       facility, NA-01 is commissioned as a part   to pursuing the CO2-free methane gas   the first completed FSRU from the KARMOL
                                                                                partnership.
                                                                                  The FSRU, KARMOL LNGT POWERSHIP
                                                                                Africa, arrived in Senegalese waters on 31st
                                                                                of May and will be positioned at its mooring
                                                                                location to commence the commissioning
                                                                                process.
                                                                                  The vessel will connect to a Powership, a
                                                                                floating power plant, owned by Karpowership,
                                                                                through gas pipelines. The Karadeniz
                                                                                Powership Ayşegül Sultan, has a capacity
                                                                                of 235MW and has been in operation since
                                                                                October 2019, supplying 15% of Senegal’s
                                                                                electricity with 220MW of power to Senegal’s
                                                                                grid.
                                                                                  KARMOL sees the combination of FSRUs
                                                                                and Powerships as a ground-breaking solution
                                                                                in their mission to bring LNG utilized power



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