Emerson Process Management's Rosemount Analytical GDU-Incus ultrasonic leak detector received the Det Norske Veritas (DNV) type approval. The device is suitable for use on board marine vessels, including liquefied natural gas and liquefied propane gas carriers, crude oil tankers, and FPSO units. Because the detector responds to the ultrasound produced by the leak, extreme weather and wind on vessels and platforms do not affect its performance. Using four acoustic sensors that constantly monitor wide areas for ultrasound generated from the release of pressurized gas, the device is suited for monitoring ventilated outdoor applications and responds instantly to methane, hydrogen, and other low-molecular-weight gases. The company said it does not require calibration or replacement for the life of the instrument, and an integrated self-test ensures fail-safe operation.
According to a recent study, global trade for liquefied natural gas (LNG) is projected to rise by 50% by 2020, compared to volumes in 2014. Much of this demand comes from the fact that it is a flexible fuel, usable in multiple markets, regions, and configurations, and available widely. For us, as specialists in the process of oil and gas transfer from vessels, this reinforces the need to create transfer methods that are applicable no matter the environment, and that provide a level of flexibility that matches that of their cargo. This rethink is underlined by changes that we are seeing in demand patterns for LNG, particularly gas power generation in the Asia-Pacific region. India is leading this charge, while China, Japan, and Korea are both gearing toward the fuel in a push to move away from high-polluting coal.
The oil and gas industry has just 18 months to upgrade critical release hook systems on offshore lifeboats to meet new regulations imposed by the International Maritime Organization (IMO) to improve safety at sea. According to the organization, the number of failures during drills and inspections that resulted in casualties or injured crew members has been unacceptably high. Launched in 2011, the IMO regulations state that lifeboat release and retrieval systems must be evaluated and replaced no later than 1 July 2019. This will involve the complex and costly removal, retrofit, and replacement of lifeboat systems globally. "The IMO deadline is a call to action to ensure that lifeboats are rehooked, fit-for-purpose, and of the highest safety specifications," said Lorenz Nehring, UK business development manager for Ampelmann, a developmer of offshore access systems.
GTT has been contracted to provide the Hyundai Heavy Group companies with equipment for eight LNG carrier newbuilds. Hyundai Heavy Industries (HHI) and Hyundai Samho Heavy Industries (HSHI) will build the vessels, with each company set to build four vessels. Each vessel will be capable of transporting 174,000 m3 of LNG. Delivery of the vessels is scheduled for the second half of 2022.
Nearly 2 decades after it was dreamed up as a way to do the job of two icebreakers with just a single hull, the oblique icebreaker, has been launched into service in the Gulf of Finland. The Baltika, a first-of-its-kind vessel, completed sea trials in March and despite it launching too late in the season to work in heavy ice conditions, it will nonetheless provide a basis of understanding for the future development of such vessels. The idea for an oblique icebreaker was born in 1996 from an internal innovation contest at the Helsinki-based engineering firm Aker Arctic, a company that has designed 60% of the icebreakers operating today. Contest entries were trying to solve the problem of how to best escort Aframax crude tankers through the Gulf of Finland in the Baltic Sea during ice season from Russian export terminals in Primorsk. The tankers needing ice escort from Primorsk are 42 m to 44 m in breadth, but the typical beam of a conventional ice breaker is between 20 m and 26 m.
LNG carrier Vladimir Rusanov conducted its first loading operation in the Yamal LNG plant at Sabetta, Russia, in March 2018. Before that could occur, the vessel left the Daewoo Shipbuilding & Marine Engineering Co. Okpo yard to head to the Arctic Ocean through the Suez Canal for ice trials. Over 3 weeks, she demonstrated her capabilities before being handed over to the Yamal LNG project. Vladimir Rusanov's first cargo arrived at the Bering Strait on 6 July, completing an 11-day voyage along the Northern Sea Route from the Yamal plant at Sabetta. It was bound for Jiangsu Rudong port to the north of Shanghai.
You have access to this full article to experience the outstanding content available to SPE members and OGF subscribers. To ensure continued access to OGF's content, please Sign In, JOIN SPE, or Subscribe to OGF Equinor and Excelerate Energy have completed the first-ever ship-to-ship (STS) transfer of LNG in The Bahamas. A full LNG cargo was transferred from Excelerate's floating storage regasification unit Exemplar to Equinor's LNG carrier Arctic Voyager using the double-banked LNG transfer system while moored at Equinor's South Riding Point storage and transshipment terminal. "Excelerate conducted the industry's first commercial STS transfer of LNG in 2007, and since then STS transfers have been completed and proven safe in a wide range of environments, not including The Bahamas," Excelerate chief commercial officer Daniel Bustos said. "This new STS location allows us to provide additional commercial flexibility to our customers and respond to prompt market needs in a safe and reliable manner."
Trafigura, a global commodities trader, announced this week that it has applied to build an offshore deepwater port facility that could lead to a boost of the already rising total of US crude oil exports. The proposed Texas Gulf Terminals Project, which would be built in Corpus Christi, Texas, is designed allow Very Large Crude Carriers (VLCCs) to be fully loaded through a single-point mooring (SPM) buoy system. Trafigura said in a statement that SPMs will eliminate unnecessary ship traffic in inland ports as well as the "double handling" of the same crude oil, reducing the opportunity for spills and emissions each time the crude is transferred. Once built, it said the facility will ease infrastructure barriers to crude exports. The US resumed exporting crude oil in 2016, after a 40-year ban on exports was lifted in the wake of surging US production coming from the shale oil boom.
Enterprise Products Partners' (EPP) announcement yesterday that it is planning to develop an offshore crude oil export terminal off the Texas Gulf Coast holds promise of moving more US crude to international markets. A recent report from the US Energy Information Administration found exports are constrained by shallow inland ports and the inability to accommodate VLCCs. The EPP terminal would be capable of fully loading VLCCs, which have capacities of approximately 2 million bbl and provide the most efficient and cost-effective solution to export crude oil to the largest international markets in Asia and Europe. EPP has started front-end engineering and design and preparing applications for regulatory permitting. Based on initial designs, the project could include approximately 80 miles of 42-in.
Oil and gas market is in a new era of volatility. The price of crude is being affected by several factors ranging from geopolitical developments, technological breakthroughs, short-term market news and most recently the trade war between the US and China. Several oil and gas producers therefore have well established trading departments that manage pricing risk across the supply chain--from crude oil supply, to term and spot sale. In this segment of Discover a Career, we talked to Emily Doyle, who works with Shell as a fuel oil blender & commercial operations analyst to learn more about her role, responsibilities, and experience as an energy trader. She also shared how strong analytical skills and operational knowledge can be a plus to succeed in this business, contrary to the common misconception that a degree in finance is a must to be an energy trader.