Page 21 - FSUOGM Week 32
P. 21

FSUOGM                                PROJECTS & COMPANIES                                         FSUOGM


       Rosneft to change route




       for Sakhalin oil




        RUSSIA           RUSSIA’S Rosneft is looking to deliver oil from  SODECO. Its oil is pumped to an export termi-
                         its wholly owned fields on Sakhalin Island to the  nal at De-Kastri, in the mainland Khabarovsk
      Rosneft's wholly-owned   mainland using the infrastructure of the Sakha-  region.
      Sakhalin subsidiary has   lin-1 consortium, following a failure at an older   Work on the Sabo-Dagi oil link is due to
      cut supply because of a   pipeline.                     start in November, with completion anticipated
      pipeline failure.    Rosneft said in late July that its RN-Sakhal-  in 2022. Rosneft also plans to modernise three
                         inmorneftegaz subsidiary, which controls doz-  oil pumping stations, at a cost of RUB2.66bn
                         ens of mostly mature fields on and offshore  ($36mn).
                         Sakhalin, had reduced oil supply because of the   The Okha-Komsomolsk-on-Amur pipeline
                         OPEC+ agreement on cuts. However, NewsBase  has been in operation since 1974, when Russia
                         understands that an accident occurred at the  first began developing oil in the Far East. An oil
                         Okha-Komsomolsk-on-Amur pipeline which  spill was reported to have occurred at the pipe-
                         normally transports Sakhalinmorneftegaz’s oil.  line in mid-July.
                         The pipeline could remain shut down for up to   Rosneft has confirmed it is working on a plan
                         two years as a result.               to establish an alternative route for transporting
                           Sakhalinmorneftegaz typically produces  Sakhalinmorneftegaz’s oil, “due to the deteri-
                         around 1.2mn tonnes per year (24,000 barrels  oration of the Okha-Komsomolsk-on-Amur
                         per day) of oil. According to procurement docu-  pipeline,” Kommersant quoted the company as
                         ments, Rosneft’s solution is to build the 117-km  saying on August 6.
                         Sabo-Dagi pipeline linking Sakhalinmorneft-  This is not Rosneft’s first attempt at such a
                         egaz’s transport system with that of Sakhalin-1,  project. In 2017, a contractor called Sakhal-
                         at a cost of RUB4.9bn ($66mn).       inmorneftemontazh was enlisted to build the
                           Sakhalin-1 is managed by a consortium of  Sabo-Dagi pipeline. But work was halted after
                         Rosneft, ExxonMobil, India’s ONGC and Japan’s  the company went bankrupt. ™




       Petrofac to develop low-carbon



       projects with Storegga





        UK               UK-BASED oilfield services provider Petrofac   Petrofac was hired by Pale Blue Dot for engi-
                         has joined forces with clean energy developer  neering and project management office support
       Petrofac also won a   Storegga Geotechnologies to advance low-car-  at the Acorn CCS scheme in June. The project is
       $100mn contract in   bon projects, the companies said on August 6.  backed by oil and gas producer Chrysaor, Royal
       Azerbaijan via its joint   The pair have signed a memorandum of  Dutch Shell and France’s Total.
       venture with SOCAR.  understanding (MoU) on collaborating on   Petrofac also announced on August 10 it
                         potential business development and project  had secured a five-year contract worth $100mn
                         initiatives in carbon capture and storage (CCS),  to provide international payroll and personal
                         hydrogen and other low-carbon technologies,  support services to BP in Azerbaijan. It won the
                         they said.                           deal through a joint venture with Azerbaijan’s
                           “With an initial focus on the UK Continental  national oil company (NOC) SOCAR. The con-
                         Shelf [UKCS] and North West Europe, the MoU  tract includes support for the company’s person-
                         also includes scope for the parties to work together  nel attending training courses both inside and
                         international[ly],” a joint statement read.  outside Azerbaijan.
                           Storegga serves as a holding company for Pale   Petrofac and SOCAR were awarded another
                         Blue Dot, which aims to establish blue hydrogen  contract in Azerbaijan a year ago to provide engi-
                         production in Aberdeenshire, Scotland, starting  neering and technical services at the Absheron
                         in 2024. The Acorn project, as it is known, will  gas field in the Caspian Sea. The UK firm also
                         produce hydrogen from North Sea gas arriving  won a $135mn construction deal for a water
                         at the St Fergus terminal. The carbon produced  treatment facility at the Kashagan oil project in
                         from the process will be captured and stored in  neighbouring Kazakhstan last month, through a
                         depleted offshore oil and gas reservoirs.  joint venture with local group Isker. ™



       Week 32   12•August•2020                 www. NEWSBASE .com                                             P21
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