First ANS Cargo in One Year on Way to China
One million barrels of Alaskan crude is due in China next week, the first such shipment in almost a year, according to data from Refinitiv Eikon and vessel-tracking firm Kpler.China's imports of U.S. crude have fallen amid the two countries' trade dispute to 41,600 barrels per day (bpd) in the six months ended February, from 377,000 bpd in the first half of 2018, according to the U.S. Energy Information Administration.Tanker Sonangol Cabinda departed last week from Alaska's Valdez terminal carrying Alaska North Slope (ANS) crude and is projected to arrive June 6 in Qingdao…
Angola's Soyo LNG Plant Resumes Production
Angola's Soyo liquefied natural gas (LNG) plant has resumed production after a "controlled" shutdown, a spokeswoman for Angola LNG said on Tuesday.She did not specify why the shutdown had occurred and declined to say when the plant would load its first cargo after reopening.An LNG trader in Europe said a cargo is expected in late December or early January.Two Angola LNG vessels are signalling arrival at Soyo, Refinitiv Eikon shipping data showed. The Sonangol Etosha is expected at Soyo on Dec. 28 and the Sonangol Sambizanga on Jan.
Concordia Maritime Charters in Suezmax Tanker
Tanker owner Concordia Maritime announced it has moved to strengthen its positions in the crude oil segment by chartering in another suezmax vessel.The 158,000 dwt suezmax vessel that has been chartered in was built in Korea in 2015. As with previous charters, this is a joint charter with Stena Bulk, and Concordia Maritime’s share amounts to 50 percent. The contract is for 12 months, and the vessel will be employed on the spot market through the Stena Sonangol Suezmax Pool from July.Kim Ullman…
Stena Bulk Grows Sonangol Suezmax Pool
Over the last six months, Stena Bulk has expanded its fleet in the Sonangol Suezmax pool with the addition of six Suezmax tankers: SKS Skeena, Istanbul, Almi Galaxy, Almi Voyager and Almi Sky. The TC in fleet consists of modern tonnage of varying length and with different options.“In what has generally speaking been a stable low market, we have recently seen opportunities to utilize our business model in the current market,” said Erik Hånell, president and CEO, Stena Bulk. “With our successful commercial management…
PDVSA Completes Oil Transfer to Ease Tanker Bottleneck
Venezuelan state-run oil company PDVSA has completed its first ship-to-ship (STS) transfer designed to ease a severe bottleneck of tankers around its main crude ports, according to sources close to the operation and Reuters vessel tracking data.PDVSA has notified customers in recent days that they must agree to load crude in Venezuela's open waters rather than its ports to avoid a possible declaration of force majeure that would temporarily interrupt some of its supply contracts.The Suezmax tanker Sonangol Kalandula…
Concordia Maritime Charters Three Suezmax with Stena Bulk
As a further step in fleet positioning ahead of the gradually stronger market that is expected, Concordia Maritime has decided to participate in three suezmax tankers chartered in by Stena Bulk. The 158,000 dwt vessels were built in Korea in the period 2012-2014. The contracts are for 12 months, with an option to extend until the end of 2019. After delivery in May and July, the vessels will be employed on the spot market through the successful Stena Sonangol Suezmax Pool. Concordia Maritime's share in the vessel charters is 50%.
Concordia Boosts Tanker Biz
To prepare for a gradually strenghthening tanker market, Concordia Maritime decided to participate in three suezmax tankers chartered in by Stena Bulk. The 158,000 dwt vessels were built in Korea between 2012-2014. The contracts are for 12 months, with an option to extend until the end of 2019. After delivery in May and July, the vessels will be employed on the spot market through the Stena Sonangol Suezmax Pool. Concordia Maritime’s share in the vessel charters is 50%. The contracts also include a profit-sharing clause with the contractual partner.
Angola LNG Plant Sells Cargo to Petrobras
Angola's sole liquefied natural gas (LNG) project has sold a cargo loading over May 12 to 13 to Brazil's Petrobras, two industry sources said on Monday.The exact price details could not immediately be confirmed but the cargo is priced off the European benchmark National Balancing Point (NBP) gas price, one of them said.The cargo will be loaded on the vessel 'Sonangol Sambizanga' and will head to Brazil, the source added.(Reporting by Jessica Jaganathan; Editing by Christian Schmollinger)
Vitol Signs Deal with Angola LNG
Angola LNG (ALNG) and Vitol, the world’s largest independent energy dealer, have entered into a multi-year LNG sales agreement. Under the agreement, ALNG cargoes will be delivered to Vitol at destinations around the world. Commenting on the sales agreement, Artur Pereira, CEO, Angola LNG Marketing Ltd, said: “This sales agreement is an important step for Angola LNG and demonstrates our ability to respond to the needs of our customers and the market. Pablo Galante Escobar, Head of LNG, Vitol, said; “We are delighted to have entered into this agreement with Angola LNG.
Stena Sonangol Suezmax Pool Rings in 10 Years
Stena Sonangol Suezmax Pool celebrates 10 years of collaboration and trading. The 10th anniversary celebrations took place in London on May 20. Today on May 26 it is Houston’s turn and, finally, on June 3, it will be Singapore’s turn. The Stena Sonangol Suezmax pool, established in 2005, consists of some 25 Suezmax tankers, although there are plans to expand the fleet to about 30 tankers in the near future. The pool is operated as a 50/50 joint venture by Stena Bulk and the Angolan state-owned oil company Sonangol.
Missing Tanker Found; Account of Pirate Attack Disputed
M/T Kerala vanished on January 18 off Angola; Angolan Navy says hijacking faked. The Angolan Navy is claiming that the crew of an oil tanker reported missing off its coast on Jan. 18 were part of faked pirate attack. Separately, a regional security expert who declined to be named for the purposes of this report, expressed doubt as to the accuracy or motives of the Angolan Navy statements. The Sonangol time-chartered vessel was eventually located in Nigerian waters. Previously, the crude oil tanker was reported missing from Luanda anchorage and thought to be hijacked by pirates.
Training Matters To The Bottom Line
Shipowners considering their future training needs would be well advised to ensure they view Videotel’s very latest video - Training Matters. Demonstrating that good training makes sense to the bottom line, it details how ship operators can receive a tangible return on investment with more efficient operations; fewer accidents; less off-hire time; lower insurance premiums; improved compliance with legislation and a more motivated workforce. Introducing Training Matters to an audience of ship owners and ship managers at the Sonangol Shipping Safety Seminar in Angola earlier this month…
Technip Win Offshore Angola BP Contract
Technip wins important 5-year contract for engineering & modification services on FPSO units offshore Angola, SW Africa. The BP Angola contract is for work concerning the existing Greater Plutonio and Plutao, Saturno, Venus and Marte (PSVM) floating production storage and offloading (FPSO) units, located in Blocks 18 and 31 offshore Angola. This contract follows the successful completion of a previous five-year contract for engineering services for the Greater Plutonio FPSO. This new award covers two FPSOs and involves not only engineering…
Angola Ships First Offshore LNG Cargo
The first cargo was sold to Angola's state oil & gas company and is currently being shipped to Brazil by the LNG carrier 'SS Sonangol Sambizanga', one of seven 160,000 m3 LNG vessels that are under long-term charter to the Angola LNG project. Angola LNG, the Soyo-based facility built to create value from Angola's offshore gas resources, confirms that production of liquefied natural gas (LNG) has safely commenced at the Angola LNG plant in Soyo and that its first cargo has been shipped, marking the first new LNG supply to come on-stream since 2010.
Tidewater Provides Update on Sonatide Joint Venture
Tidewater Inc. announced today the following update with respect to its negotiations with Sonangol, the national oil company of Angola, regarding Sonatide, the joint venture between Sonangol and Tidewater through which Tidewater markets its boat services to energy companies for operation in the waters offshore Angola. Tidewater has a 49% ownership interest in Sonatide. The Company has previously announced that its Sonatide joint venture agreement with Sonangol expires on March 31, 2012.
Deepwater African Offshore Project Sanctioned by Chevron
Chevron Corp. announce its subsidiary will develop Lianzi field in the Republics of Congo & Angola untized offshore zone. The field is located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters) of water. to the BBLT platform. First oil is expected in 2015. Once completed, the project is expected to produce up to 46,000 barrels of oil equivalent per day. Chevron Overseas Congo Limited is operator of the Lianzi field with a 31.25% interest, along with Total (36.75%), ENI (10%), Sonangol (10%), SNPC (7.5%) and GALP (4.5%).
New Ultra-Deep Find in Angola's Block 31
Angolan national oil company Sociedade Nacional de Combustíveis de Angola (Sonangol) and BP announced an oil discovery in ultra-deepwater block 31, offshore Angola. This is the nineteenth find made in this block. StatoilHydro holds a 13.33% stake in block 31. The discovery, called Tebe, is located in the southern portion of block 31 about 12 kilometres south-east of the Hebe discovery and some 350 kilometres northwest of Luanda. It was drilled in a water depth of 1,752 metres and reached a total vertical depth of 3,325 metres below sea level.
Ulstein OCV Vessel Delivered
Yard number 283 Sarah, type Ulstein SX121 Offshore Construction Vessel, was delivered to Marine Subsea on December 16. The vessel has been designed and constructed by Ulstein Group. The Ulstein SX121 offshore construction vessel features the characteristic Ulstein X-Bow, enabling her to operate under all weather conditions while remaining steady and comfortable for the crew. Equipped for 100 persons, the vessel is 393.7 ft long and 82 ft wide. She has a tower, moonpool, ROV hangar, crane and helideck. This is oil service company Marine Subsea’s first vessel from the Ulstein Group.
Stena Bulk Orders New Generation Tankers
Stena Bulk has confirmed an order for two in-house designed Suezmax tankers from Samsung, South Korea for delivery in 2011. The 158,700 dwt vessels, with a length of 899 ft and a beam of 157.5 ft, will be when delivered the largest tankers in Stena Bulk’s fleet. Also included are two optional sister vessels, declarable spring 2010. Nearly $7m extra per vessel has been invested in state-of-the-art technology in order ensure the highest environmental class including minimum 10 percent lower bunkers consumption compared with the best Suezmax tankers of today.
Keppel Joint Venture, Azerbaijan Shipyard
President of Azerbaijan, HE Ilham Aliyev breaks ground for the new yard in the presence of Singapore’s Minister for Foreign Affairs, Mr George Yeo. Fortifying its presence in the Caspian Region, Keppel Offshore & Marine Limited (Keppel O&M) joins hands with State Oil Company of Azerbaijan Republic (SOCAR) and Azerbaijan Investment Company (AIC) to develop and manage a new 52-ha shipbuilding and shiprepair facility in Baku, Azerbaijan. The new SOCAR-Keppel Shipyard will be developed over a period of two to three years with an investment of US$386 million.
Barwick AMEC Director, Angola Ops
AMEC, the international engineering and project management company, announced today that Kirk Barwick will serve as Director of Angola Operations for Paragon Angola Engenharia e Serviços, Lda., the company’s joint venture with Prodoil Exploração e Produção de Hidrocarbonetos, S.A.R.L. (Prodoil). Barwick, who has been with AMEC for 31 years, will be responsible for business development and execution responsibilities on all of AMEC’s Angolan projects, including ExxonMobil’s Kizomba Satellites, Chevron’s Area A Gas Management Program and other recent awards.
Suezmax Tankship Named in Korean Shipyard
The last in a series of 7, the Stena Bulk tankship was named 'Stena Sunrise' at the Samsung Heavy Industries' shipyard. The Stena Sunrise is a third generation, fuel-efficient Suezmax and, like the other tankers in the series, will be employed on the spot market via Stena Sonangol Suezmax Pool. This ship is the last vessel in a series built at SHI and ordered at the beginning of 2010. Known as “The seven sisters”, with each representing an investment of just under SEK 500 million.