Page 13 - AsianOil Week 06 2022
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AsianOil                                   NEWS IN BRIEF                                            AsianOil








       ASIA-PACIFIC                        technology innovations. Petronas supports   The scope of work includes full O&M of the
                                           the transition towards lower carbon energy   facility, including offshore platforms, subsea
       Petronas collaborates               sources by applying technology that lowers   pipelines and the onshore processing terminal.
                                                                                  Cairn has also selected Petrofac to
                                           emissions across the value chain, which
       with Mitsui OSK Lines on            includes carbon capture, transport and   undertake a lump-sum engineering,
                                           storage.
                                                                                procurement, and construction (EPC) project
       liquefied CO2 transportation        which is one of the few companies in the   to support the provision of well hook?up and
                                             MOL, together with Larvik Shipping,
                                                                                surface facilities for the Raageshwari Deep
       for carbon capture,                 world qualified to operate liquefied CO2   Gas (RDG) Field, in Barmer, Rajasthan.
                                           vessels for food-grade CO2, will contribute
                                                                                Executed on a fast-track basis, the main scope
       utilisation and storage             its expertise in safe transportation of liquefied   of work includes bringing online additional
                                           CO2. Liquefied CO2 transportation safely
                                                                                wells, augmentation and modifications to
       value chain                         and efficiently connects CCUS sites over   handling and treatment facilities including
                                                                                electrical, instrument control, and safety and
                                           long distances where pipelines are not
       Petronas has signed a memorandum of   economically viable.               protection systems.
       understanding (MoU) with leading global   PETRONAS, February 09, 2022      This follows a previous lump-sum EPC
       shipping company Mitsui OSK Lines (MOL)                                  contract, valued at approximately $233mn,
       to jointly explore opportunities in liquefied                            which Cairn awarded to Petrofac in April
       carbon dioxide (CO2) transportation for   SOUTH ASIA                     2018 for its RDG field development project.
       the carbon capture, utilisation and storage                              This was safely and successfully completed,
       (CCUS) value chain in Asia Pacific and   Petrofac secures new            with the plant’s 72-hour performance
       Oceania regions.                                                         guarantee test run in June 2021.
         The MoU was signed in a virtual ceremony   scopes with Cairn Oil & Gas,   PETROFAC, February 07, 2022
       on 7 February by Petronas executive vice
       president and chief executive officer of   Vedanta, including first      TGS announces extensive
       upstream, Adif Zulkifli and MOL president
       and chief executive officer Takeshi Hashimoto.   major O&M contract in India seismic reprocessing
         Adif said: “Petronas continuously explores
       opportunities to reduce carbon emissions   Petrofac, a leading provider of services to the   project offshore East Coast
       in our operations. This collaboration is   global energy industry, has been awarded two
       important as long-haul liquefied CO2   new contracts with Cairn Oil & Gas, Vedanta   India
       transportation plays an essential role in the   Limited, India’s largest private oil and gas
       CCUS value chain. We are confident that   exploration company. With a combined value   TGS, a global provider of energy data and
       MOL’s strong track record, coupled with its   of approximately $100mn, the wins include   intelligence, today announced its extensive
       recent acquisition of Larvik Shipping AS   Petrofac’s first significant Operations and   East Coast India seismic reprocessing project
       which has safely transported CO2 for over   Maintenance (O&M) contract in-country;   in support of the country’s license round
       30 years, will position both PETRONAS and   evidencing its geographical growth strategy in   schedule.
       MOL as leaders in the region for long haul   action.                       The project encompasses over 250,000-
       transportation of liquefied CO2.”     Selected by Cairn to provide integrated   line kilometres of existing 2D data across an
         Petronas is taking deliberate steps to build   O&M services in support of its upstream   area of over half a million square kilometres
       a resilient and sustainable portfolio aligned   oil and gas facilities, Petrofac will supply   offshore India’s east coast. TGS will utilise its
       to its growth strategy, delivering effective   expertise at the Ravva Oil and Gas field in the   proprietary 2D-cubed technology to create a
       solutions with a lower carbon footprint   Krishna Godavari Basin, in coastal Andhra   single, conformable, easily accessible dataset.
       through commercial and operational   Pradesh. The duration of the contract is four-  This product is designed to encourage and
       excellence, renewable energy generation and   years, with an option to extend by 12 months.   assist exploration endeavours offshore India.
                                                                                  This new dataset, the latest TGS initiative
                                                                                to provide seismic to enhance exploration
                                                                                potential across Asia, offers coverage of the
                                                                                prospective Krishna-Godavari Basin and
                                                                                West Bengal Fan. The data uplift will allow
                                                                                local and international companies to develop
                                                                                structural and geological models in their
                                                                                pre-study evaluation process using a single
                                                                                conformable 3D volume. This will increase
                                                                                confidence in license round decision-making
                                                                                processes and support further exploration.
                                                                                  2D-cubed is a unique technology from
                                                                                TGS for generating a 3D seismic migration
                                                                                volume from a set of 2D and 3D seismic
                                                                                lines. An advanced structurally conformable
                                                                                interpolation algorithm revitalizes existing
                                                                                2D multi-vintage and 3D data. The resultant



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