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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