Page 15 - Euroil Week 07 2020

EurOil
NEWS IN BRIEF
EurOil
May 13, 2011, in the 21st licensing round on the Norwegian shelf. is is the 13th well to be drilled in the license.
Lundin in February 2019 awarded a ten- well contract to the West Bollsta rig.
February 18 2020
Croatian electricity utility HEP
to lower wholesale gas price
by 8.1%
Croatia’s national electricity provider Hrvatska elektroprivreda (HEP) is to lower the wholesale electricity price by 8.1%, the company said on February 18.
decision was welcomed by the Croatian government, which said it would lead to a reduction of costs for families and contribute to raising living standards, according to a statement made to state news agency Hina.
e new wholesale price of HRK0.1825 (€0.024) per kWh has been set for gas suppliers for the year April 1, 2020 to March 31, 2021.
“We are pleased to be able to set a lower price of gas compared to the maximum
one set by [the Croatian Energy Regulatory Agency] HERA due to favourable gas market trends and taking into account the projected business results of HEP in the following period.’, said Frane Barbaric, president of HEP’s management board.
“ e set price [by the regulator] of HRK0.1924 per kWh represented a decrease of the wholesale price compared to the current one by 3%, which would facilitate lowering
of the average selling price for households by about 1% as of April 1. Taking into account current favourable gas price trends on the market, the management board of HEP decided to introduce an additional 5.1% decrease of the wholesale gas price,” HEP said in a statement.
bne IntelliNews, February 19 2020
Equinor picks platform
suppliers from Skansi
Offshore
Skansi O shore said via its social media channels on February 18 that it had won contracts for the Torsborg and Saeborg platform suppliers from Equinor.
e contracts are for eight months rm with four optional periods of two months.
e beginning of the contracts will be in direct continuation of current contracts, and is expected in March or April 2020.
Saeborg and Torsborg are of Havyard 832L design built in 2011 and 2012.
February 19 2020
EBRD, USAID to help
connect Croatia, Bosnia gas
pipelines
Representatives of the BH-gas company, the European Bank for Reconstruction and Development (EBRD) and the US Agency for International Development (USAID) on February 19 signed a grant agreement in Sarajevo for a project to connect Bosnia and Herzegovina’s and Croatia’s gas networks.
BH-gas, which is the largest gas provider and distributor in Bosnia and Herzegovina, said in a press release that the agreement would activate funds earmarked for environmental impact and feasibility studies for the South Gas Interconnection project.
The project involved building a gas pipeline from Zagvozd in southern Croatia toward Posusje and on to Travnik in Bosnia and Herzegovina, with a special pipeline branching off to Mostar.
The project would secure an
additional gas supply route for Bosnia
and Herzegovina which has been entirely dependent on Russian gas for decades via a trunk pipeline through Serbia.
The project was launched because the Republika Srpska entity authorities refuse to agree to connecting the two countries’ gas networks along the shortest and cheapest route, running from Slavonski Brod to Bosanski Brod.
Northern areas of Bosnia and Herzegovina located in the Serb entity
still do not have access to gas as an energy product and the authorities in Banja Luka want to build a new pipeline that would pass exclusively across the entity’s territory and be connected to Serbia’s gas network.
USAID is providing $500,000 for the South Gas Interconnection project while the remaining costs will be covered by the EU.
BH-gas expects the project documentation to be completed by the end of the year.
February 19 2020
BPevacuatesplatformafter fire
Dozens of workers have been evacuated from a North Sea platform a er it su ered power problems caused by a “small re”.
Operators BP said 63 non-essential personnel were taken from the Etap platform, situated about 100 miles east of Aberdeen.
e action was taken following issues with power generation on February 18.
Production has been temporarily suspended.
BP said they were working to resolve the problem.
e Etap development is one of the largest currently in the North Sea.
Of the 134 people on board, 66 were own to Aberdeen on Tuesday evening. BP said the safety and wellbeing of its teams o shore was of the “utmost priority”.
It processes oil and gas from multiple sites, with BP operating six of the seven elds.
In a statement, BP said: “Following initial investigations, we can con rm there was a small re con ned to the exhaust section of a power generation unit on the Etap platform.
“ e platform went to muster where all personnel were accounted for with no injuries reported. e re was rapidly extinguished by the on board re crews.
“ e platform remains on emergency power generation with reduced heating and power capacities.”
February 19 2020
Premier picks Solstad
platform supplier for
Tolmount
Norwegian o shore vessel owner Solstad O shore has been awarded a long-term contract with Premier Oil in the UK.
Premier Oil UK has contracted the platform supply vessel (PSV) Normand Flipper for four wells rm plus options starting between May and June 2020. e 2003-built Normand Flipper is of a UT745E design.
e contract is expected to last around 400 days supporting the jack-up drilling rig Valaris JU-123 at Premier Oil’s Tolmount location in the southern North Sea o the UK.
e Premier-operated Tolmount gas eld development will include a minimal facilities platform and a new gas export pipeline to shore. e project was sanctioned by the joint venture and infrastructure partners in August 2018. Premier’s partner in Tolmount is Dana Petroleum.
Following the Tolmount East discovery
in October 2019, FEED studies are being undertaken for both platform and subsea concepts to develop the Tolmount East gas eld viatheTolmountinfrastructure.Selectionofthe optimal eld development is planned during the rst half of 2020, with Tolmount East project sanction targeted for the second half of the year.
Havila Clipper is a platform supply vessel of a Havyard 832 Design built in 2011.
February 19 2020
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