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2 0 1 Quaaazineofthe Mci(P) 02 2 0 1 8 Q U A R T E R L Y A G A Z I N E O F T H E B W G R O U P MCI(P)023/11/2017 H E R I T A G E Editorial Publisher For further information, BW Group please contact: Responsible Editor BW Group Nick Fell 10 Pasir Panjang Road #18-01 Mapletree Business City Managing Editor Singapore 117438 Lisa Lim + 65 6434 5871 [email protected] Editorial Team Christina Chu Roy Por Tay Xiu Yi Una Holmen Contributions From Ivy Yap Kamilla Moestue Rostad Kasper Winroth Lin Espey Marita Sandvoll Martin Ackermann Mukesh Sharan Petrina Lau Petter Larsson Rosalinda Cruz Sarah Soon Seah Zhihui Surajit Chanda Tina Revsbech Design & Production Simple Reels Genesis Pte Ltd Contents 02/2018 04 CHAIRMAN’S MESSAGE 06 BW GROUP FLEET GLOBAL BW 06 SAILING A TREASURE TO DUSSAFU BW Adolo, or “treasure” in native Gabonese language, will sail to the Dussafu oil field 16 in Southern Gabon in 2Q 2018 16 CONTRIBUTING TO GLOBAL 10 12 FOCUSED ON DELIVERING GOALS FOR SUSTAINABILITY BEST ON WATER BW LPG delivers clean BW Tankers holds a global energy in an environmentally IN THE SPOTLIGHT meeting to ensure full alignment challenged world 10 LIN, ESPEY across departments Managing Director of BW Energy 24 AROUND THE WORLD 30 SPECIAL THANKS TO ... 20 14 20 A GOOD DAY AT SEA 14 CELEBRATING 30 YEARS BW thanks all crew for their IN THE PHILIPPINES dedication to the company BW Shipping Philippines remains a key pillar of support for crew and company 4 World Horizon Issue 02/2018 Chairman’s Message World Horizon Issue 02/2018 5 special feature of the maritime This is as it should be. Humankind is on to replace fossil fuels, and carbon free industry is its connectedness a collision course with the environment, vehicles to replace carbon burning ones, to many developments whether you are a scientist deep into we need to keep the show on the road. Aaround the world. And the topic or just an observer watching two of the most topical areas - the rising trend of record temperatures. Our colleagues around the world trade disputes and environmental enable us to do this. This issue of protection - are no exception. Just as there is a risk in moving too slowly, World Horizon recognizes the seafarers there is a risk in moving too quickly. A who are working tirelessly to provide a At the time of writing, it is too early rush to abandon fossil fuels, whether high quality transportation service. It to say whether the escalation in trade because of recent low prices or because of recognizes our team in the Philippines, rhetoric will result in a major trade war. environmental concerns, can only result in which marked its 30th anniversary with Needless to say, any deterioration in the a shortage of affordable energy that will a party to remember. And it recognizes open trading regime of recent decades affect us, not least poorer countries and the individuals who are working to find will impact shipping, because barriers communities. We need to walk the fine oil for the first time in BW’s history. will reduce flows. It is encouraging line between delivering enough energy Thank you all for your contributions. to see that there are positive counter- to keep the world humming today, while trends, such as the finalization of acting to find solutions for tomorrow. the Trans Pacific Partnership (TPP) in spite of the US withdrawal. In that regard, we are proud of the team’s effort to develop new oil and gas On the environmental front, there is much resources, and to move energy to where news these days about oil companies it is needed. We are not ignoring the moving into electricity, Norway’s Oil future, as evidenced by our increasing Fund reducing its exposure to oil, and emphasis on gas as a cleaner fuel, our investors asking questions about stranded investments in new technologies, and assets. Companies are being pushed our efforts to reduce the carbon footprint to demonstrate that they are ahead of of our fleet. But we also see that even the curve. At industry-wide level, the the most ardent advocate of change International Maritime Organisation still needs and uses the energy we Sincerely, (IMO) has recently adopted long-term provide. Until we find the breakthrough Andreas Sohmen-Pao carbon reduction targets for shipping. technologies that allow renewables Chairman 6 BW Group Fleet World Horizon Issue 02/2018 Sailing a treasure to Dussafu BW Adolo, or “treasure” in native Gabonese language, will sail to the Dussafu oil field in Southern Gabon in 2Q2018 New Business, Established Presence business as a specialist owner and operator of Floating, Production, n a fitting ceremony on 5 April in Singapore at Keppel Shipyard, Storage and Offloading (FPSO) units, but the company has a BW Adolo was named by His Excellency Pascal Houangni long and well-established history in Gabon. For over 16 years, Ambouroue, Minister of Petroleum and Hydrocarbons of Gabon. BW Offshore has operated FPSO Petroleo Nautipa on the Etame IBW Offshore may be new to the exploration and production field, adjacent to the Dussafu block where BW Adolo will sail to. BWWorld Horizon Adolo Issue 02/2018 and Dussafu Information Global BW 7 BW Energy Dussafu BV is in the development phase of the 20-year Ruche Exclusive Exploitation Area (EEA) located within the Dussafu permit in offshore southern Gabon. The Ruche EEA license was acquired BW Adolo Vessel Particulars by BW Offshore in April 2017. Main Contractors Removable Page (Tear along perforation) Topside Module Design BW Offshore & ABB Lummus Hull BW Offshore Fabrication Yard Conversion / Integration Keppel Conversion Year 2007 - 2009 2017 - 2018 Turret Supplier / Swivel Manufacturer x Oil Production Capacity 40 Mbpd Gas Compression Capacity 18 MMscfd Oil Handling Capacity 40 Mbpd Gas Injection 0 MMscfd Water Injection 60 Mbpd Storage Capacity 1,350 Mbbl Hull Information Classification DNV GL Dimensions Length 311.8 m Width 56 m Depth 29.5 m Max Operation Draft 18 m Hull Construction Type Single Hull Deadweight 230,864 t Construction type Conversion Original Hull Fabrication Year 1988 Riser Information Introduction to Tortue Field Total Risers and Umbilicals 4 • Located in 115m water depth and situated 60km to the south of BW Production Risers 2 Offshore’s Petroleo Nautipa which produces for the Etame complex Water Injection Risers 1 • First reservoir to be developed within the Dussafu license Umbilicals 1 • Dussafu geological setting is Atlantic margin, pre-salt play with proven petroleum system. Surrounded by prolific producing oilfields, and will Topside Information produce from pre-salt Gamba and Dentale sandstones Installed Power 22.55 MWe • First Tortue well (DTM-2H) spudded in January, and successfully completed Power System Design 3 x WDiesel Engine in March • Second Tortue well planned and on track for completion in June 3 x Turbo Generator • First Oil targeted for second half of 2018 1 x MTU Generator Topside Module Weight 10,950 t Dussafu Management Team LQ Capcity 136 people . Lin Espey, Managing Director and Project Manager. 27 years oil and gas LQ Location Afterward industry experience, including 6 years on adjacent Etame Marin Permit. Gas Deposition Flared . Javed Akhtar, Director of Subsurface. 26 years’ experience as a reservoir engineer in the upstream oil and gas sector. Type of Flare Flare Tower . Bill Parker, Director of Geosciences. 40 years industry experience as Offloading System Tandem petroleum geologist in both onshore and offshore. Mooring System Type Spread Mooring . John Price, Geoscientist. 35 years oilfield experience, 12 years in Gabon Permanent or Disconnectable Mooring Permanent including the Dussafu Marin block. Number of Anchor Legs 12 . Howard Cornelius, Chief Geophysicist. 37 years worldwide seismic interpretation, acquisition and processing experience. Removable Page (Tear along perforation) 8 Global BW World Horizon Issue 02/2018 Group Fleet List and Contact Details 4 55 15 51 23 16 16 Very Large Product Chemical LPG LNG Carriers Offshore Dry Bulk Crude Carriers+ Tankers Tankers Vessels and FSRUs Fleet Carriers VLGC Fleet LGC Fleet LR 1 Product Tanker Fleet Vessel Name Built CBM Vessel Name Built CBM Vessel Name Built DWT Berge Nantong 2006 80,599 BW Helios 1992 56,017 BW Amazon 2006 76,565 Berge Ningbo 2006 80,607 BW Nantes 2003 58,211 BW Clyde 2004 74,300 Berge Summit 1990 76,919 BW Nice 2003 58,187 BW Columbia 2007 76,604 BW Aries 2014 82,512 BW Danube 2007 76,000 BW Austria 2009 82,911 No. of vessels 3 172,415 BW Hudson 2007 76,579 BW Balder 2016 83,301 BW Kallang 2016 74,189 BW Birch 2007 80,657 BW Kronborg 2007 73,708 BW Boss 2001 82,615 LNG Fleet BW Lara 2004 73,416 BW Brage 2016 83,272 BW Lena 2007 76,574 Vessel Name Built CBM BW Nile 2017 74,189 BW Carina 2015 82,471 BW Orinoco 2007 76,580 BW Cedar 2007 80,614 Berge Arzew 2004 135,300 BW Rhine 2008 76,578 BW Confidence 2006 81,605 BW Boston 2003 135,298 BW Seine 2008 76,580 BW Elm 2007 80,645 BW GDF Suez Brussels 2009 159,264 BW Shinano 2008 76,594 BW Empress 2005 77,330 BW GDF Suez Everett 2003 135,267 BW Tagus 2017 74,189 BW Energy 2002 80,898 BW GDF Suez Paris 2009 159,274 BW Thames 2008 76,587 BW Freyja 2016 83,301 BW Pavilion Leeara 2015 158,629 BW Yangtze 2009 76,579 BW Frigg 2016 83,294 BW Pavilion Vanda 2015 158,646 BW Yarra 2017 74,189 BW Gemini 2015 82,471 LNG Benue 2006 143,033 BW Zambesi 2010 76,578 BW Kyoto 2010 81,633 LNG Enugu 2005 143,007 Compass 2006 72,736 BW Leo 2015 82,511 LNG Imo 2008 145,486 Compassion 2006 72,782 BW Liberty 2007 82,905 LNG Kano 2007 145,594 Onomichi Vessel 1 2019 80,000 BW Libra 2015 82,512 LNG Lokoja 2006 145,557 Onomichi Vessel 2 2019 80,000 BW Lord 2008 82,922 LNG Ondo 2007 145,484 BW Loyalty 2008 82,909 LNG Oyo 2005 142,924 No.
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