Page 6 - NorthAmOil Week 33

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The company said that it had received a Meanwhile, normal oil and gas operations
lump sum engineering, procurement, con- – and decommissioning – continue in other
struction and commissioning (EPCC) con- European waters. This week, offshore contrac-
tract covering a 34,500 bpd fluid catalytic tor Allseas announced that it had completed the
cracking (FCC) unit, a 55,000 bpd vacuum removal of processing and accommodation top-
distillation unit and a 40,000 bpd diesel des- sides and flare jackets as part of the Tyra redevel-
ulphurisation unit. opment project for Total in Danish waters. The
In South Sudan, NOC Nile Petroleum structures will be transported to specialist yards
Corp. (Nilepet) announced that it is nearing in Denmark and the Netherlands for recycling.
completion on work to rehabilitate the 5,000 A new platform will be installed at Tyra, which
barrel per day Bentiu oil refinery in the coun- produces around 90% of Denmark’s gas output,
try. Director general of Nilepet’s Downstream by 2022.
Directorate, James Loteka Yugusuk, said on Allseas is now preparing to remove the Nin-
August 14 that completion of the work would ian Northern platform, which is located east of
allow South Sudan to reduce fuel imports. Shetland in the UK North Sea. This will be the
final job of the year for Allseas’ Pioneering Spirit
If you’d like to read more about the key events shaping heavy-lift vessel, which also carried out the Tyra
the downstream sector of Africa and the Middle East, removals.
then please click here for NewsBase’s DMEA Monitor.
If you’d like to read more about the key events shaping
Tensions escalate in East Med Europe’s oil and gas sector then please click here for
Tensions have been escalating between Greece NewsBase’s EurOil Monitor .
and Turkey over drilling in contested waters in
the Eastern Mediterranean, with the French gov- Azeri energy export volumes steady, value
ernment bolstering France’s military presence in tumbles
the region in recent days. While Azerbaijan kept export volumes of crude
This comes after Turkey sent a seismic and oil products steady in the first seven months
research vessel, escorted by warships, into waters of this year, according to local media reports cit-
between the Greek island of Crete and Cyprus ing State Customs Committee data, the value of
to explore for potential offshore gas and oil the shipments plunged.
reserves, spurred by similar discoveries in other The Central Asian country sold 19.5mn
parts of the Eastern Mediterranean. Greece tonnes of petroleum in January-July, flat on the
claims that part of the area falls within its own 19.5mn tonnes exported in the same period of
continental shelf and has demanded that the 2019, AzerNews reported on August 17. The
ships withdraw, but Turkey insists that it is enti- value of said exports, however slid from $9.5bn
tled to conduct research in those waters. in the first seven months of 2019 to $6.3bn in the
On August 17, Turkey’s state-owned TPAO same period of 2020.
extended the drilling schedule for its Yavuz Natural gas exports fared somewhat bet-
drillship offshore Cyprus to mid-September in ter, with shipments climbing from 6.7bn cubic
a move that appears set to ramp up tensions in metres in January-July 2019 to 7.7 bcm in the
the region further. Turkey has previously drilled same period of 2020. The value of the country’s
wells in waters claimed by Cyprus. Yavuz is cur- gas exports climbed from $1.2bn to $1.4b.
rently one of two Turkish drillships in the East- The country’s output of gasoline climbed
ern Mediterranean, and a third is reported to be 0.3% year on year in the period to 715,900
coming to the region soon. tonnes, while diesel production grew by 4.4% on
European Union (EU) foreign ministers have the year to 1.3mn tonnes. Investment to Azer-
held urgent talks on the matter, with Turkey indi- baijan’s oil and gas sector grew by 22.9% year
cating a willingness to enter a dialogue with the on year to AZN3.4bn ($2bn) in the first seven
bloc over the issue. However, there is no sign of months.
the tensions being scaled down as yet. Azerbaijan produced 554,100 barrels per day

P6 www. NEWSBASE .com Week 33 20•August•2020