Page 20 - GLNG Week 34
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GLNG                                         NEWS IN BRIEF                                             GLNG








                                                                                  The new shareholder agreement of the
                                                                                company was also signed today by the existing
                                                                                shareholders Mrs. Elmina Kopelouzou,
                                                                                GasLog Cyprus Investments Ltd, DEPA
                                                                                Commercial, the company and the new
                                                                                shareholder.
                                                                                  GasLog was represented by the CEO of
                                                                                the company, Mr. Paul Wogan and DEPA
                                                                                Commercial by the chairman of the board,
                                                                                Mr. Ioannis Papadopoulos and the CEO Mr.
                                                                                Konstantinos Xifaras.
                                                                                  Gastrade is developing the LNG floating
                                                                                storage and regasification unit (FSRU)
                                                                                offshore Alexandroupolis, which will be a
                                                                                new, independent energy gateway for the
                                                                                markets of Southeastern and Central Europe.
                                                                                  The station will be located 17.6 km
                                                                                southwest of the port of Alexandroupolis
                                                                                and will have an LNG storage capacity of
                                                                                170,000 cubic meters and a natural gas supply
                                                                                capacity that will exceed 5.5bn cubic metres
                                                                                per year. The floating unit will be connected
       McDermott awarded FEED              Vietnam and recent work for Delta Offshore   to the national natural gas system of Greece
                                                                                via a 28 km long pipeline, through which
                                           Energy were key factors for this contract
       contract by Delta Offshore          win. McDermott has more than 20 years   the regasified LNG will be transmitted to
                                                                                the markets of Greece, Bulgaria and the
                                           of experience working in Vietnam and will
       Energy for gas pipeline in          leverage its relationship with local partners   wider region, from Romania, Serbia and
                                                                                North Macedonia to Hungary, Moldova and
                                           to smoothly execute the scope. Three months
       Vietnam                             prior to the award, McDermott commenced a   Ukraine.
                                           project feasibility study for the project, which
                                                                                GASTRADE, August 24, 2020
       McDermott International today announced it   was converted into the FEED.
       has been awarded a contract by Delta Offshore   McDermott anticipates the FEED contract   Turkish, Russian shipyards
       Energy to provide front-end engineering   will be converted into an EPCI contract in the
       design (FEED) services for a subsea gas   first quarter of 2021.         partner to launch first LNG-
       pipeline. The pipeline will connect a   MCDERMOTT INTERNATIONAL, August 26,
       regasification platform, located approximately   2020                    powered rail ferry
       22 miles (35 km) offshore, to the planned
       3,200 MW power plant in Bac Lieu Province,                               Turkey’s Kuzey Star Yard in cooperation
       Vietnam.                            EUROPE                               with Russia’s Srednenevsky Shipyard have
         McDermott has also been awarded the                                    reportedly launched the first LNG-powered
       pre-engineering geotechnical and geophysical   Participation of          rail ferry. It will be deployed between the
       survey services being carried out as a part of                           Russian ports of Ust-Luga on the Gulf of
       the FEED scope.                     Bulgartransgaz in the                Finland and Baltiysk in Kaliningrad Oblast,
         McDermott’s Houston office is leading                                  according to SeaNews.
       engineering services—supported by its   Alexandroupolis LNG                Named after Marshal Rokossovsky, the
       Kuala Lumpur office, which has a long track                              vessel is reported to be Arc4 ice class and will
       record of delivering solutions to customers   terminal                   be able to operate in the Baltic all year round
       in Vietnam. McDermott will perform                                       without the assistance of icebreakers.
       project management, execution planning   The Greek company Gastrade announces the   The ferry will be operated by Rosmorport,
       and estimation services. Installation studies   signing of the agreement for the acquisition   replacing the older ferries Baltiysk and Ambal
       will be performed by McDermott’s marine   of 20% of its share capital by the Bulgarian   on the route.
       operations.                         company Bulgartransgaz EAD, operator of the   SeaNews added: “Depending on the rolling
         “This award illustrates the confidence   national natural gas system of Bulgaria.  stock type, the ferry can accommodate 36 to
       Delta Offshore Energy and its partners have   The agreement was signed today in Athens   80 rail cars plus 58 trucks with trailers and 40
       in McDermott’s ability to deliver a turn-key   by the Founding Shareholder & Chairman   trailers. The vessel can also take on board up
       EPCI solution for the subsea gas pipeline   of the Board of Directors of Gastrade,   to 30 reefer 20’ containers.
       FEED scope for its Sisyphus project,” said   Mrs. Elmina Kopelouzou and the CEO   “The 199.9 m LOA 27.4 m beam ferry will
       Mark Coscio, Senior Vice President for North,   of Bulgartransgaz, Mr. Vladimir Malinov   have a draft of 6 meters and will operate at a
       Central and South America. “We look forward  in the presence of the Prime Ministers of   speed of 16.5 knots. It will be equipped with
       to expanding our partnership and achieving a   the Hellenic Republic and the Republic of   two 6,000 kWt main engines and have a crew
       successful outcome.”                Bulgaria, Mr. Kyriakos Mitsotakis and Mr.   of 24. The passenger capacity is 12 people.”
         McDermott’s extensive experience in   Boyko Borissov.



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