ar – apr m 2020
ls
LNG s e Fue e v werhouse ate www.petrominonline.com n i In 2019 ory ati om al po n
pe D
o ter
ur
30 12
rt StImport P E P region k for ugh outloo To
fon Shippingr Gree Al Singapore
PETROMIN Marine & Offshore Mar – Apr 2020 VOL. 2 NO.02 Singapore • China • India • Myanmar • Thailand • Japan • Vietnam • Malaysia • Korea • Australia • Germany
Your custom solution provider
Range of products include: • Accommodation Systems • Electrical Systems • Deck Machinery • Propulsion Systems • Ballast Water Management Systems • Pumps • Cranes • Compressors • LNG/Scrubber Systems • Loading Computer • System Rudder
We are able to source the right products with the right specifications with the right quality, at the right cost.
Red Offshore Industries Pte Ltd Email: [email protected] Website: www.red-offshore.com Conte nts
The global pandemic has led With IMO resolute on reducing Regul ar to a supply glut and massive the shipping industry’s footprint Focus drop in oil prices. The following on the environment, decarbon- article highlights the major ization is one of the main focus ar- 03 Editorial consequences. eas. This article provides some of the options available to shipown- 04 updates 30 Market News ers to aid them in their journey IMCA ramps up its presence Europe Dominates LNG Import towards zero-carbon. Story in 2019 06 Industry News 38 WinGD Advances Clean 44 Calendar of Events Fuel Research with Flexible 12 Regional Feature Injector Concept Tough Outlook For Regional As the marine and offshore Powerhouse industry move towards greener In Depth operations there is a need 18 Project News for engines which can be 34 Pathways to operated with greener fuel. 26 Novel Coronavirus Decarbonization - This article provides an update Wreaks Havoc on the Oil simplifying New Fuel on technology which assists & Gas Industry Choices for Shipowners this journey.
Region Feature: Indonesia 12 Alternative Fuels 34 Gas/Hybrid Engines 38
Mar to Apr 2020 1 Editorial
Petromin Marine & Offshore is published by MediAcomz international PTE. LTD.
Petromin Marine & Offshore is a business publication covering technologies, trends and news related to the oil & gas and marine industries in the Asia Pacific region.
Within the pages of the magazine you will find information, based on technical articles from the experts in their respective fields, as well as reports on various topics relating to the industry as a whole. You will find interviews, case studies and field reports written by our staff or technical correspondents. We also cater to the IT, instrumentation and control of the energy and marine industries. Should you or your company have a technology or paper you would like to share, please do contact us.
The Publisher reserves the right to accept or reject all editorial or advertising material and assumes no responsibility for As Chaos the return of unsolicited artwork or manuscripts. All rights reserved. Reproduction of the magazine, in whole or in part, is prohibited without the prior written consent, not unreasonably withheld, of the publisher. Reprints of articles appearing in previous issues of the magazine can be made available on request, subject to a minimum quantity. The views expressed in this journal are not necessarily those of the publisher and while every attempt will be made to ensure the reigns… accuracy and authenticity of information appearing in the magazine, the Publisher accepts no liability for damages caused by misinterpretation of information, expressed or implied, within the pages of the magazine. Worrying times indeed! Regular readers will know that I am generally positive in my note to readers and usually find a silver The magazine is available at an annual subscription rate of S$250 or Two years at S$440. Please refer contact the lining, but the current pandemic situation means that I am left flummoxed looking for that lining. subscription department for further details at Email: [email protected] or Tel: (65) 6222 3422. The COVID-19 virus has decimated economies, industries, lives and brought the world to a stand-still. The oil & gas and marine MCI (P) 084/02/2020 ISSN 0129-1122 industries have been badly hit, the former more so. Oil prices have gone down so much there was a point where WTI was trading Published by MediaComz International Pte. Ltd. Printed by KHL Printing Co Pte Ltd in negative figures. Projects have stalled, been scrapped and production has been affected. Technology vendors have been left stranded as takers are rare and headcounts have plummeted as wave after wave of retrenchments and closures took place. our team EDITORIAL ADVISORY BOARD Correspondents Dr. Michael J. Economides Dr. Michael J. Economides Yet, this is not the first time the world has been ravaged by a pandemic and we have to move forward with the belief that we, as a Chief Media Officer Professor of Chemical Engineering Australia/PNG race and as an industry, will overcome this black chapter in history and survive, albeit probably in the climate of a ‘new normal’. Yeo Teck Chye University of Houston Brian Wickins Email: [email protected] Prof. F.E. Banks Dhaka, Bangladesh In this issue we focus on alternative greener fuels and engines which can run on greener fuel. As IMO moves the industry Group Editor Uppsala University Ghazi Mahmud Iqbal increasingly closer towards zero-carbon new green options have to be developed and this has been a focus for the last few Vishnu Pillai Sweden years already. We have ABS providing an overview of the green options available for shipping, and WinGD providing an Email: [email protected] Beijing, China update on the engine technology they are developing. Prof. Eugene M. Khartukov Wang Yong Graphic Artist International Center for Chua Ai Hwa Petroleum Business Studies Delhi, India Amongst our regular section readers will find updates from IMCA, who have been a beacon for contractors in guiding them Email: [email protected] Moscow, Russia Siddharth Raghavan through the COVID quagmire, rolling out various initiatives to help the industry. The standard fare of project news, newbuild
Sale & Marketing Stuart Crampin New Zealand information, personnel movement and industry macro-news are available to readers as well, though admittedly of a lesser Oh Ren Wei University of Edinburgh Neil Ritchie quantum as the industry has slowed down drastically. We cover Indonesia in our regional feature, as a former energy Email: [email protected] powerhouse which was already struggling to maintain its industry battles the destruction and turmoil created by the pandemic. Lau Siew Ming Pakistan Subscription/Conference Co-ordinator JP Kenny Wood Group Dr Salman Salf Ghouri Mary Dela Pena With the current pandemic situation, the entire industry, from production to technology development, has slowed down to a crawl, Email : [email protected] Saeid Mokhatab and as such there is a dearth of news and new technology launces, impacting Petromin Marine & Offshore by way of content. Process Technology Manager We will certainly strive to ensure that our readers have enough to sink their teeth into, but there may be a drop-off in content. Tehran Raymand Consulting Engineers
Our heartfelt condolences to the many who have lost dear ones, and our appreciation and gratitude towards the frontline workers who have played a huge role in stemming the spread of the virus. Stay safe!
Group Editor Vishnu Pillai MediAcomz international PTE. LTD. 8@TradeHub 21, 8 Boon Lay Way, #09-10 Singapore 609964 Tel: (65) 6222 3422 Fax: (65) 6222 5587 Website: www.mediacomz.com
2 Mar to Apr 2020 Mar to Apr 2020 3 UPDATES The App incorporates the latest in training techniques to support Mark de Barr has joined the International Marine Contractors diving supervisors in keeping up to date with current information Association (IMCA) as Technical Adviser – Marine specialising and guidelines from IMCA. The scheme went live in early in Dynamic Positioning (DP) and vessel assurance. April with 250 diving supervisors who had pre-registered for enrolment. Mark has joined the global trade association after working as freelance consultant engineer providing project management, For 2020, the scheme is voluntary and free to all IMCA inspections, audits and marine warranty services. His extensive certified supervisors, and applications will be accepted from career has encompassed roles with Bue Marine, GEO Marine, both DCBC and ADAS supervisors as well. However, from Swire Pacific Offshore, Sealion, Gulf Offshore. IMCA ramps up 2021, it will become mandatory for all supervisors to participate in the scheme in order to maintain their IMCA diving supervisor Mark Ford, Technical Director, IMCA stated: certification in ‘current status’. “We are delighted to welcome Mark its presence The App can be used across many mobile devices and to the technical team. He brings a operating systems, on- or offline, thus allowing users the flexibility wealth of experience in offshore of choosing when and where to complete the relevant modules. operations, vessel assurance and DP Trials of the App were successfully completed by a representative (Dynamic Positioning). He is expert cross-section of diving supervisors from leading contractors in the in offshore lifting operations, marine This COVID-19 Pandemic Industry Group comprises a broad cross section of global industry, who were invited to participate in the consultation and warranty and has worked on major In March IMCA industry associations with consultative status at IMO representing the maritime testing process to ensure the system is user-friendly, appropriate, subsea construction projects and announced that it transportation sector: and effective. on heavy lift vessels. Mark de Barr, “is part of a COVID-19 ICS, BIMCO, CLIA, FONASBA, IACS, IAPH, IMCA, IMEC, INTERCARGO, INTERFERRY, The feedback received from the trials and the first Technical Adviser – “Mark brings significant DP INTERMANAGER, INTERTANKO, IPTA, ITF, P&I Clubs and WSC (plus ASA and ECSA). tranche of users has been very positive and IMCA Marine, IMCA experience to this role as he was Industry Group which strongly encourages others to register to start using the one of the first IMCA accredited Company DP Authorities so These are unprecedented times for our system while is it still in its voluntary phase. IMCA has collaborated >> is an ideal addition to our team of technical experts.” industry and so being able to collaborate would like as many supervisors as possible to become with the International with representatives from leading industry familiar and comfortable with the system before it be- Mark de Barr has a BSc in Mechanical Engineering, is a groups in developing these recommendations comes mandatary in 2021. Chartered Engineer (MIMechE), a European Engineer (Eur Ing) Maritime Organization to all IMO Governments ensures that our and is a Chief Engineer. Members’ concerns are represented at the IMCA continues to consult widely with its membership, and the (IMO), World Health highest level and demonstrates IMCA’s value development and governance of the system has been overseen Another appointment is that of Phil Organization (WHO) at such a critical time. > > by IMCA’s Diving Division Management Committee, comprising Towers as Technical Adviser – Diving. leading industry diving managers and experts. Phil Towers has extensive experience and International Labor Margaret Fitzgerald in the subsea construction industry Head of Marine Policy & Regulatory Affairs, IMCA During the pandemic IMCA also managed to expand its staffing having held diving roles with Organization (ILO) to capability with two new appointments. operators BP, ExxonMobil, Qatargas develop a preliminary list In addition, IMCA continues to add to its dedicated COVID webpage a variety of infor- >> and Repsol Sinopec. A major part of mation and links to be of use to its membership. his career was spent with what is now We want to ensure that of recommendations >> known as TechnipFMC as a discipline relevant information is easily The compilation includes COVID-19-related IMCA Safety Flashes and IMCA expert in their Diving and Operations Phil Towers, accessible to our Members and for Governments and Information Notes, including those relating to the extension of renewal periods for Support Group, sharing project Technical Adviser – non-members alike. Diving, IMCA certain industry recognised certificates e.g. for diver medicals and for DESIGN audits information and lessons learned, relevant national I would also like to thank of diving systems. There is also specific DP information and links to relevant IMCA news providing assurance to clients in the safe planning and best our Members who are authorities on the and press releases. Various information and updates on operational matters from practice execution of projects. sharing information on member companies are added as the situation changes and evolves. their logistical activities, facilitation of maritime Phil previously worked with IMCA providing auditing services which enables us to share Additionally, the page features links to COVID-19 resources from the International and participated in various committees and workgroups trade during the these details with the wider Maritime Organization (IMO), International Maritime Health Association (IMHA), Oil developing guidance documents. industry. The webpage is Companies International Marine Forum (OCIMF), Oil & Gas UK (OGUK) and other pandemic. regularly updated relevant organisations. Phil holds a Bachelor of Science degree, with honours, in as the situation mechanical engineering. Phil was a working diver for 18 years evolves. IMCA has also announced the successful launch of its App-based continuing working on projects around the world using air, surface mixed ” professional development (CPD) scheme for diving supervisors. > > gas and saturation diving techniques. 4 Mar to Apr 2020 Allen Leatt, Mar to Apr 2020 5 Chief Executive, IMCA Jan to Feb 2020 Industry news SKK Migas cut this year’s production outlook for both crude remote operations centres (ROCs) to deliver fast, safe and oil and gas to 725,000 barrels per day and 5,727 million efficient inspection and positioning services, including two cubic feet per day respectively. new ROCs in Aberdeen, Scotland, and Leidschendam, the Netherlands, both opened in 2019. By the end of 2020, Chairman of SKK Migas Dwi Soetjipto said global declining Fugro will be the first company in the world to provide crude oil prices and currency fluctuations have impacted the offshore subsea inspections via USVs and ROVs that are oil and gas industry. operated from onshore ROCs.
He revealed that the 2020 gross revenue outlook from Fugro and SEA-KIT International will accelerate the the oil and gas sector had been cut by nearly half, from development and use of uncrewed vessels, remotely operated 32 billion USD to 19 billion USD now. from Fugro’s ROCs, to improve safety, efficiency, and reduce the environmental impact on marine activities. The new Fugro partners with SEA-KIT International range of USVs will consume up to 95 % less fuel than to develop new range of uncrewed sur- traditional vessels, supporting international ambitions for face vessels zero global emissions in the marine industry.
Fugro, the world’s leading Geo-data specialist, has announced a strategic partnership with SEA KIT International, winner of the Shell Ocean Discovery XPRIZE. SEA-KIT, a global provider of hi-tech solutions to maritime and research Scene & industries, will work with Fugro to develop a new range of agile and compact uncrewed surface vessels (USVs) which can deploy remotely operated vehicles (ROVs) and autonomous underwater vehicles (AUVs) for marine asset Heard inspections. The first USVs will be launched before the end of this year, and a larger USV model is being designed for delivery in 2021. These inspection-related USVs are being developed alongside Fugro’s range of USVs for Indonesia Revises Down 2020 Oil, Gas Production Outlook hydrographic data acquisition. This section covers macro-news, industry Indonesia’s oil and gas regulator SKK Migas on April 17 lowered its full-year Mark Heine, Chief Executive Officer at Fugro, said: “We are production outlook for the country due to the COVID-19 outbreak. excited to be partnering with SEA-KIT International to develop updates, policy changes, “ a range of USVs that will transform the marine industry. M&A and corporate news. Together with other strategic alliances, this partnership represents a major acceleration to our strategy of leading the From governmental development of remote and autonomous solutions, which is initiatives to personnel key to delivering a safer and more sustainable approach to constructing and maintaining marine assets.” movement, this section Ben Simpson, Managing Director of SEA-KIT International, provides a wide spectrum commented: “We’re delighted to announce our partnership of information. with Fugro, which will combine our design and build expertise with Fugro’s track record in the marine inspection market. Together we can push for better sustainability in the marine industry and lead the way for others to ” follow.”
Chairman of SKK Migas Dwi Soetjipto said global declining crude oil prices In addition to investing in USVs and remotely operated and currency fluctuations have impacted the oil and gas industry vehicles (ROVs), Fugro has built a global network of seven
6 Mar to Apr 2020 Mar to Apr 2020 7 Specialist Acquisition Strengthens ASCO’s ASCO has also appointed Gary Paver as its new Group Executive Director and change of President. Mr. Hu Guangjie the increasing market demand for digital solutions as well NORM Services Chief Financial Officer. has been appointed as an Executive Director and the President as the competencies of our dedicated leadership team and of the Company. Mr. Xu Keqiang has resigned as the employees” said Scott Wooldridge, Rockwell Automation ASCO, the global integrated materials and logistics A seasoned finance President of the Company, and he remains as an Executive Regional Vice President, Pacific Rim. “Marcelo’s deep management company, has acquired full ownership of NORM executive, Gary is a Director and the Chief Executive Officer of the Company. The knowledge of driving high performance teamwork in Solutions Ltd, a leading provider of specialist cleaning, Chartered Accountant aforementioned changes take effect from March 20, 2020. multicultural environments will be a great asset to us, and we treatment and disposal services for oilfield equipment with over 25 years’ are extremely privileged to have him on board.” contaminated with Naturally Occurring Radioactive experience in oil and The Board would like to take this opportunity to offer Mr. Hu Materials (NORM). gas including roles its sincere congratulations on his appointment as an Executive w i t h H a l l i b u r t o n , Director and the President of the Company, as well as express The acquisition reflects ASCO’s overall strategy to continually Petroleum Engineering its sincere gratitude to Mr. Xu for his contribution and services strengthen its specialist waste and decommissioning Services and most as the President of the Company. capabilities and provide its client base with a wider and recently as Senior Vice fully integrated service. President, Finance for Born in 1973, Mr. Hu is a professor-level senior engineer. KCA Deutag. He received a Bachelor of Science degree in Petroleum Engineering (Reservoir Engineering) from Chengdu Commenting on his University of Technology and a Master’s degree in Oil and appointment, Gary said: Gas Field Development Engineering from China University of “I am proud to be Petroleum (Huadong). He served in a number of positions in joining a company that China Petrochemical Corporation (“Sinopec Group”), including is leading the way in Vice Manager of Northwest Oil Field Company, a subsidiary its field. ASCO has an of China Petroleum & Chemical Corporation (“Sinopec Corp.”), exceptional reputation Vice General Manager of Northwest Oil Field Company, and I believe is in a Executive Vice Director General of Northwest Petroleum
fantastic position to Bureau, Executive Vice General Manager of Northwest Marcelo Tarkieltaub assumes role as Regional Director, maximise this within Oil Field Company, Director General of Northwest Petroleum Southeast Asia, with a mandate to increase market share in existing and new Bureau, General Manager of Northwest Oil Field Company, the region. Gary Paver, Established in 2012, and originally a joint venture between markets. General Manager of Northwest Petroleum Bureau Co., ASCO Group Chief Financial Officer ASCO and John Lawrie Group, NORM Solutions Ltd will Ltd., Executive Vice Director of Oilfield Exploration & With over 20 years of experience at Rockwell Automation, continue to operate from its state-of-the-art facility in “I have gained considerable experience during my career, Production Department of Sinopec Corp., Director of Tarkieltaub was most recently Regional Director, Southern Aberdeen, which has the capability to handle all types of driving business strategy and direction, and I am very much Oilfield Exploration & Production Department, General Cone, a portfolio within the Latin America region covering NORM contaminated equipment and waste streams for the looking forward to working with the management team Manager of Oilfield Exploration & Production Department. In the markets of Argentina, Chile, Peru, Paraguay, Uruguay on and offshore industries, with all systems and procedures and making a positive contribution to ASCO’s strategic March 2020, Mr. Hu was appointed as Vice President and Bolivia. Tarkieltaub has built and developed several meeting the highest environmental standards. objectives, as they continually strengthen their leading of CNOOC. Mr. Hu has been appointed as an Executive high-performing teams, leading the execution of key regional position within the energy market.” Director and the President of the Company with effect growth strategies for the business. Commenting on the acquisition, ASCO Head of Waste from March 20, 2020. and Decommissioning Chris Lloyd said: “Our full acquisition ASCO CEO Peter France commented on the appointment: Tarkieltaub replaces Pierre Teszner, who served as Regional of NORM Solutions Ltd is a logical move for ASCO, allowing “Gary is an extremely accomplished individual with a proven Rockwell Automation Appoints New Director, Southeast Asia, since 2016. Having made a us to offer an ever-wider range of integrated services to our track record with private equity experience. I have no doubt he Regional Director for Southeast Asia significant impact in his role, Teszner was recently named as offshore and onshore clients. As the decommissioning sector will play a pivotal role as part of the leadership team as we Regional Director, Central and Eastern Europe. continues to grow, our ability to provide safe NORM treatment seek to grow and strengthen the business.” Rockwell Automation, Inc has announced that Marcelo and disposal services will remain critical to our overall service Tarkieltaub has been appointed as Regional Director, Southeast “Throughout my career with Rockwell Automation, I have offering to our client base. CNOOC Limited Asia. Based in Singapore, Tarkieltaub will be responsible for experienced a variety of different global markets and business Announces sales and business operations across Singapore, Malaysia, environments. I am delighted to be joining the Asia Pacific “We have enjoyed a positive working relationship with John Appointment of Indonesia, Philippines, Thailand, Pakistan and Vietnam, as team and I look forward to applying these experiences in Lawrie Group over the last eight years and we will continue to Executive Director and well as driving strategic growth for Rockwell Automation in my new role” said Marcelo Tarkieltaub, Rockwell Automation work with them as a trusted partner. John Davidson will remain Change of President Asia Pacific. Regional Director, Southeast Asia. “Southeast Asia continues as General Manager for NORM Solutions Ltd and I am very to be a key area of strategic growth for Rockwell Automation much looking forward to consolidating and promoting ASCO’s In March CNOOC Limited “Asia Pacific has long been a vital growth market for us, as we look to increase market share across Asia Pacific. NORM services to both existing and new clients alike.” announced appointment of and our continued success in the region is a testament to I look forward to building on our capabilities and
8 Mar to Apr 2020 Mar to Apr 2020 9 engagement initiatives across Southeast Asia as we work towards achieving even greater market share.”
Rockwell Automation has had an established presence in Asia Pacific for over 40 years, and continues to invest in its vision of expanding human possibility and digital transformation for its customers across the region. With over 4000 dedicated employees in the region and a robust ecosystem of partners collaborating towards delivering value for our customers, Rockwell Automation continues to transform the industry, unlocking potential and productivity through automated and connected innovation.
Aurecon appoints Keith Leung as Major Projects and Pursuits Director in Asia
“This is an exciting time to be joining Aurecon and I believe International engineering, design and advisory company, we are well-placed to take advantage of the growing number Aurecon, has appointed Keith Leung as the Director of of opportunities that are developing in this part of the world,” Major Projects and Pursuits in Asia with effect from 5 March 2020. This senior appointment is in line with Aurecon’s Keith Leung, the Director of Major Projects and Pursuits, Asia execution of its strategy to grow its Asia business and deliver major projects around the region. strengthen our ability to deliver better value to clients and grow our business in Asia.” Based in Singapore, Keith will be responsible for smooth delivery of major projects in terms of quality assurance, risk Keith joins Aurecon from Singaporean consultancy YWL mitigation, management and review so that clients will benefit Engineering, where he served as Director since 2017. Prior Advertisement from an enhanced experience of collaboration and quality to that, he spent 15 years at AECOM, where his last position solutions. In this newly created leadership position, he will report was Vice President, Operations & Infrastructure, Southeast directly to Stephane Asselin, Aurecon’s Chief Executive, Asia. Asia. He oversaw all the company’s Southeast Asian business activities and took a leading role in ensuring corporate Keith is a well-respected figure in Asia’s engineering and governance at the company, as well as serving as the construction industry. His career spans 34 years where he regional head of the Office of Risk Management. Keith is played a key role in the design and engineering of the looking forward to contributing to Aurecon’s growth and region’s high-profile projects, including the Common Services progression in Asia. Tunnel in Marina South Singapore, Hong Kong Science Park Phase 2 Development in Hong Kong and the Second Stage “This is an exciting time to be joining Aurecon and I believe Expressway System in Bangkok, Thailand. He brings a we are well-placed to take advantage of the growing number wealth of experience with a diverse range of engineering of opportunities that are developing in this part of the world,” skills, including risk management, planning, design, project said Keith. “Projects here are also growing in complexity, both management, procurement and contract administration to technically and in terms of stakeholders’ expectations. With my Aurecon’s clients and their projects. background in major projects across the region, I look forward to bringing together Aurecon’s multi-disciplinary expertise to “Keith is a great addition to our team enhancing our project help bring our clients’ projects to life in Asia.” delivery offering to our clients and projects in Asia,” said Stephane Asselin, Chief Executive, Asia, Aurecon. “Growing Keith is a registered Professional Engineer (Civil) in Singapore our business in Asia is a key strategic objective for Aurecon. and holds affiliations with several of the world’s leading Keith has demonstrated an intricate understanding of professional bodies, including the Hong Kong Institution of Asia’s infrastructure and built environment landscape, with a Engineers and the Institution of Civil Engineers in the UK. He proven track record of blending opportunity and delivery to was also legally trained with both Bachelor’s and Master’s successfully execute major projects. Having Keith onboard will Degree in Law.
10 Mar to Apr 2020 Mar to Apr 2020 11
6TH LNG 210X297AD.indd 1 13/3/20 10:19 am regional Feature However, efforts to safeguard the nation’s hydrocarbons while process simulations for the topside facilities on the FPUs resources have seen the state reclaim significant oil blocks, were developed by local firm Synergy. which has raised concerns over future investment inflows. “Under the administration of President Joko Widodo, Another major upstream development is the Masela Project regulation and ownership rules have been a challenge for under Inpex Japan, which comprises the Abadi gas field and foreign direct investment (FDI) in the natural resources LNG project. The LNG portion of the project was identified sector,” Maxwell Abbott, associate at government affairs as a National Strategic Project by the Indonesian government consultancy Vriens & Partners, told OBG. “A sense of and was given priority status in September 2017 in an effort to sovereignty over natural resources is an important part of accelerate development. In November 2018 the vice-minister the political culture in Indonesia.” of energy and mineral resources, Arcandra Tahar, told OBG that Inpex had already begun preliminary front-end “Indonesia’s oil and gas output is expected engineering design for the Masela block in the Arafura Sea. to contract for a fourth consecutive year in Inpex, which holds a 65% stake in the block, plans to produce 2020, as aging fields and delays to new 9.5m tonnes per year of LNG and 150m scf per day of natural projects keep production levels below gas. According to SKK Migas, Inpex was expected to complete government targets, analysts said.” the Masela PoD before 2019 and commence production by 2027, but as of March 2019 the government had not yet In addition, a legacy of regulatory uncertainty has hindered approved the project. new exploration investment. As a result, reserve depletion tough outlook for remains a major challenge for Indonesia’s energy sector. At In February 2019 Spain’s Repsol announced that it had the same time, the question of how to balance environmentally made the largest gas discovery in Indonesia in 18 years. sustainable power production and economic growth is an Located in the Sakakemang block in South Sumatra, the regional ongoing dilemma for policymakers. Kaliberau Dalam Well 2X is estimated to hold at least 2trn cu feet of gas. A number of upstream projects also made progress in powerhouse 2018, including the Indonesia Deepwater Development In April 2018 plans for the Merakes gas field were approved. (IDD) project located within the offshore Kutei Basin. The Under the operation of Eni, which holds a 75% interest, IDD project encompasses the joint development of the developers will leverage the nearby Jangkrik field to reduce Bangka field and the Gendalo-Gehem projects. Partners in the the length and cost of execution. Eni also has a 55% share in The government’s plans for the downstream sector remains ambitious and is Bangka project include Chevron (62%), Italy’s multinational the Jangkrik gas field, which commenced producing in 2017 implemented, could go a long way to erasing the country’s large, growing deficit Eni (20%) and Tiptop Energy (18%), a subsidiary of China’s from 10 offshore wells linked to a FPU with a production of The outlook for in refined fuels, although continues to be hampered by substantial above-ground Sinopec. Finished in 2016, the Bangka project was the 650m scf per day. In December 2018 Eni signed a gross-split Indonesia’s upstream risks that limit FDI inflows and project progress.. first phase of the IDD project. According to official estimates, PSC for the development of its Merakes field. In addition to the field holds proven natural gas reserves of about 1trn cu its existing assets, Eni was also awarded a 100% stake in the “sector remains feet, while the Gendalo and Gehem fields are estimated East Ganal deep offshore exploration block located in the Replacing diminishing reserves and guaranteeing domestic energy security are pessimistic, as natural two of Indonesia’s policy priorities. As such, oil and gas exploration and to hold natural gas resources of 882.5bn scf and 698bn Kutei Basin in May 2018. development are key areas in which the government is eager to progress. scf, respectively. declines and lack of To encourage this, policymakers have adopted a series of reforms aimed at Although oil prices have stabilised somewhat in recent years, The Gendalo-Gehem project, of which Chevron owns a 63% the lack of upstream activity remains a concern in Indonesia, investments drag on its ushering in a new wave of foreign investment into the sector. Similarly, in a bid to offset declining oil fields in western Indonesia, the government is working to stake, is based around two separate hubs, each equipped with only two new contracts signed from a total of 17 contracts crude oil and natural incentivise contractors to explore deepsea areas along the eastern frontier. with a floating production unit (FPU), subsea drill centres, offered in 2016. The downturn has persisted following the natural gas and condensate pipelines, and an onshore replacement of the traditional cost-recovery PSC by a new gas output over the As part of these efforts, the government has sought to reduce red tape and promote transparency. One such reform was the adoption of new gross-split receiving complex with separate facilities. Technology will gross-split methodology introduced in 2017. In broad terms, coming years, forcing production-sharing contracts (PSCs) in early 2017, replacing the previous cost- be used to create a maximum production capacity of 1.1bn under the conventional PSC, unrecovered investment costs recovery model used for over 40 years. As of March 2019 the impact of the scf of natural gas and 47,000 barrels of condensate per day. could be carried forward and extended. Under the new gross- deeper dependence on gross-split mechanism was yet to be seen, but the authorities remain optimistic According to local media, the natural gas from the project split PSC, hydrocarbons will be shared from first production; has been proposed for liquefaction by the state-owned however, unrecovered investment costs from an expiring PSC energy imports going that it will encourage exploration and production (E&P). Two large discoveries were made in 2018 and early 2019, namely the Kaliberau Dalam Well 2X in the Bontang LNG facility in East Kalimantan. The engineering- will be taken into account as an additional split/take for forward to meet rising Sakakemang block and the Merakes East reserve in the East Sepinggan block, procurement-construction contract for the Gendalo-Gehem the existing contractor. If a new contractor enters the fray, which is estimated to deliver 70m standard cu feet (scf) of gas per day. project has been awarded to the joint venture of US-head- then it will proportionately bear the unrecovered costs. This demand. quartered McDermott International and Encona Inti Industri, effectively delays cost recovery for the contractor. In addition 12 Mar to” Apr 2020 Mar to Apr 2020 13 to lower levels of investment, numerous oil and gas working of various upstream policies, such as the offering of new areas were relinquished between 2016 and 2017. By the E&P blocks, as well as other policy matters related to oil third quarter of 2017 SKK Migas reported 46 oil and gas and gas. The Special Task force for Upstream Oil and Gas downstream activities, as well as a floating storage and exploration blocks were in the process of termination due to Business Activities (SKK Migas) is the state institution regasification terminal. insufficient output. Commission VII of the House of Representatives has a number of that controls upstream activities and manages oil and key responsibilities, including research and technology, dealing gas contractors on behalf of the government through Indonesia plans to set up or designate a state firm to carry With a legacy of policy fluctuations, the investment profile with environmental matters relating to oil and gas cooperation contracts. out upstream oil and gas activities, to try to curb red tape has also suffered. The industry attracted around $10.2bn in activities, and drafting legislation and government policy. and regulations that are blamed for hindering investment in investment in 2017, the lowest in a decade. However, there Regional governments give approval for Plans of Development In addition to entering into a number of high-profile joint Southeast Asia’s biggest economy. are concerted efforts under way to encourage exploration. (PoDs) through the issuance of local permits and land rights. operations, Pertamina’s scope of responsibilities includes Coupled with a rise in global oil prices, there is hope these gas, renewables and upstream operations within Indonesia, The government of President Joko Widodo is seeking to boost efforts will result in increased investment. Total investment in as well as several international operations. As part of the economic growth and create jobs in sectors such as energy, the country’s upstream sector reached $11.9bn in 2018, government’s resource nationalisation initiative, Pertamina where investors often cite regulatory uncertainty, bureaucratic up from $10.1bn in 2017. According to the MEMR, three recently took over a handful of key fields, including the hurdles and strict labor rules as deterrents to development. oil and gas auctions alone recorded $11m in investment Mahakam block, the largest field in East Kalimantan, in in 2018. SKK Migas is targeting upstream investment of January 2018. The plan was included in a new omnibus bill submitted to $14.8bn in 2019. parliament and made public late on Wednesday. It would It is also set to take control of the Rokan block from US firm require private companies in the sector to conduct business Structure & Oversight Chevron in 2021 once its PSC expires. The Rokan block is with a “special state firm” through a production sharing Indonesia’s second-largest crude oil-producing field. contract (PSC). In terms of oversight, the Ministry of Energy and Mineral Resources (MEMR) is in charge of both energy policy and the Perusahaan Gas Negara is another key stakeholder, tasked It also drops a requirement for an upstream oil and gas national master plan for the transmission and distribution of with operating a natural gas distribution and transmission regulator, a task now performed by regulator SKK Migas. natural gas. Under the MEMR, the Directorate General of Oil pipeline network. The firm is 57% owned by the government The upstream sector of oil and gas consists of activities such and Gas is responsible for the preparation and implementation of Indonesia and has subsidiaries involved in upstream and as the exploration and drilling of new wells.
14 Mar to Apr 2020 Mar to Apr 2020 15 The responsibilities of SKK Migas under existing PSCs with Oil private companies will be switched to the new state company once it is formed, according to the bill. The draft bill also says At the end of 2017 Indonesia had total proven oil reserves the state firm will offer oil and gas fields determined by the of 3.2bn barrels, representing a 0.2% share of the global government to contractors. total. Throughout 2017 the country produced an average of 949,000 barrels per day (bpd), equating to 1% of global The future function of SKK Migas is unclear. The government production and a 7.6% increase from 2016 levels. is now due to debate the draft bill with members of the parliament. From a longer-term perspective, oil output fell by an annual average of 1.4% between 2006 and 2016. This is due to Incentives the steady decline in reserves and a gradual shift towards greater gas production. “Oil production has been in steady The government carried out a number of measures in 2018 to decline over the last 10 years due to maturing fields and boost investor appeal. One such step was the easing of taxes limited exploration activity, particularly in eastern Indonesia,” by granting a 100% corporate income tax (CIT) reduction to Sacha Winzenried, lead adviser for energy, utilities and re- new FDI projects across all business sectors, provided that sources at PwC, told OBG. “As Pertamina [the state-owned they meet certain requirements. Previously, the tax holiday energy provider] takes over more of Indonesia’s large pro- was only available for certain investments in value-added ducing fields, it will face the challenges of technology invest- industries, such as power plant machinery. ment and large funding requirements to maintain production decline rates.” Under the new regulation, companies with a minimum investment of Rp500bn ($34.5m) are entitled to the While output has been declining, domestic oil consump- CIT exemption for a period correlating to the size of their tion has increased at an annual average of 2.4%. Indo- investment. For investments between Rp500bn ($34.5m) and nesia has therefore become a net importer of oil, with Rp1trn ($70.9m), a CIT exemption is granted for the first five declining crude production offset to some extent by new, Natural Gas ability to develop new fields while boosting the production years, while those investing more than Rp30trn ($2.1bn) are highly productive natural gas fields. Oil refinery capacity at existing ones. As such, gas reserves present a major permitted an exemption period of 20 years. and throughput are limited, amounting to 1.1m bpd and Indonesia’s reserves have enabled the country to play an opportunity. In order to maximise their potential, lawmakers 887,000 bpd, respectively, with each figure representing a important role on the global stage in the natural gas export will need to carefully address investor concerns, particularly Following the exemption period, investors are entitled to a 1.1% global share. market. As of the fourth quarter of 2017 Indonesia was home with regard to the recent nationalisation of assets, as well 50% tax cut in the transition period of two years. In order to to 102.9trn scf of natural gas, or 1.5% of the worldwide as divestment regulations. As far as power generation is apply for the CIT reduction a company must have a debt-to- The Indonesian government has set a production target at total. The wider Asia-Pacific region accounted for 10% of concerned, with the high initial price of installation, achieving equity ratio of no more than 4, and the new foreign investor 1,946 million of barrels of oil equivalent per day (mboepd) proven gas reserves, and Indonesia had the third-largest the renewable energy targets set out in the NEGP 2018-27 must submit an application for the tax holiday to the Indone- comprising 755 mboepd oil and 1,191 mboped of gas in the share in the region, behind only China and Australia. will pose challenges, particularly as the MEMR is working to sia Investment Coordinating Board, either during the capital 2020 state budget. Therefore, the 12 projects are expected Local natural gas production amounted to 68bn cu balance reliability and cost with environmental concerns. investment registration process or within one year of the issu- to meet the oil lifting target set by the ministry this year. metres in 2017, which marks a decline of 3.6% on 2016. However, recent advancements in renewable technology may ance of the capital investment registration. Consumption, meanwhile, grew by 2.6% to reach 39.2bn help PLN find a way to balance its objectives of improving The 12 projects include Bukit Tua Pashe-3 project run cu metres. Indonesia’s pipeline natural gas exports totalled profitability while keeping power prices low while maximising In addition to the new tax holiday policy, a number of for- by Malaysia’s Petronas Carigali Ketapang III Ltd; Grati 8bn cu metres. With shipments of 21.7bn cu metres in 2017, renewables in the power mix. eign ownership restrictions were scrapped in an attempt to Pressure Lowering project by Ophir Indonesia (Sampang) Indonesia was the fifth-largest exporter of liquefied natural encourage greater FDI inflows. The government removed 22 Pty; Buntal-5 project by Medco Energy; Sembakung power gas (LNG), behind Qatar, Nigeria, Australia and Malaysia. References of 51 restrictions for business licences in the energy sector, plant construction by state-owned Pertamina EP; Randu Indonesia is expected to fall to sixth place, however, since including for oil and gas, mineral resources and electricity. Gunting project by Pertamina Hulu Energy; Kompresor the US is set to emerge as the third-largest exporter by end- EIA On top of these measures, tax deductions of up to 200% are Betung project by Pertamina EP; Malaca Strait Phase-1 2019 as new capacity comes on-line. IHS Energy set to be made available for companies carrying out research (EPF) by EMP Malaca Strait; Meliwis project by Ophir Giiresearch and development activities, while downstream investment Indonesia (Madura Offshore) Pty. Ltd.; Merakes project by The only promising project commencing operations this year Indonesia’s Ministry of Energy and Mineral Resources is expected to be bolstered by a host of pipeline initiatives. Eni East Sepinggan Ltd.; and Peciko 8A project by Pertamina is Eni’s Merakes gas development, which analysts say may International Energy Agency BPH Migas announced in January 2018 that the govern- Hulu Mahakam. reach 60,000 barrels of oil equivalent production per day Oil & Gas Journal ment was preparing to auction three gas pipeline projects: once at full capacity - deemed at least a year away. Oxford Business Group the 687-km Natuna-West Kalimantan, the 1800-km West The projects will start operational from January to September Reuters Kalimantan-Central Kalimantan, and the 162-km Central 2020. With recent estimates predicting that oil reserves could be Tempo.co Kalimantan-South Kalimantan developments. exhausted before 2030, much will depend on the industry’s The Jakarta Post
16 Mar to Apr 2020 Mar to Apr 2020 17 project news and the associated studies needed to support front-end Rotork RH actuators were specified for the project as a hydraulic engineering design (FEED) for offshore production facilities power supply is the preferred method for subsea actuation. and the submarine pipeline to the onshore LNG terminal. The local service and technical support offered by Rotork Site Geo-data will be acquired using Fugro’s deepwater Services (RSS) was also a key factor. Through a global team of autonomous underwater vehicle (AUV) Echo Surveyor and fully trained and experienced service engineers, RSS provides their robotic seafloor drill, Seafloor Drill 2, deployed from on-site repairs, commissioning and maintenance to support Indonesian support vessels. both Rotork and non-Rotork products.
Bids & The Abadi LNG project is based on an onshore LNG development scheme that INPEX as the operator is preparing for development in partnership with Shell in Masela block, offshore Indonesia. The project will produce a total output of Pieces natural gas (LNG equivalent) of 10.5 million tons per year and up to approximately 35,000 barrels of condensate per day.
“We are pleased to once again support INPEX, a company that understands the value provided by our Geo-data expertise,” said Jerry Paisley, Fugro’s Business Line Director, Asia Pacific Business SOUTHEAST ASIA Region. “This is particularly valid for the development of the Abadi LNG project, where overcoming engineering challenges opportunities and including slope stability, regional seismicity, subsea faulting bu“siness news are and carbonate sediments will require a collaborative and INDONESIA informed approach at each stage of the Geo-data acquisition, always sought. An analysis and advice. Fugro looks forward to delivering a overview of projects Fugro Secures Large Marine Survey Contract on INPEX’S Abadi successful outcome on the Abadi LNG project.” LNG Project Rotork’s RH range of hydraulic rack and pinion actuators offer in Asia, this section an economical solution for quarter-turn valves which need a constant torque requirement throughout the stroke. Available in provides selected project INPEX Masela, Ltd. (INPEX), a subsidiary of INPEX CORPORATION, has awarded Fugro a large marine survey contract for the Abadi liquefied natural gas (LNG) MALAYSIA five cast iron body sizes, the actuators are capable of producing updates and tender project in Indonesia. Fugro will perform geophysical and geotechnical surveys torque output up to 3,400 Nm (30,000 lbf.in) at operating Rotork Hydraulic Actuators Used for Malaysian Oil pressures up to 250 bar (3,600 psi). Both double-acting and awards, categorised by Field Redevelopment spring-return configurations are available and RH actuators country. comply with ISO 5211 DIN 3337 standards. The RH is also Rotork hydraulic actuators have been specified for use in the certified as suitable for use in Safety Integrity Level 3 (SIL3) redevelopment of the Bokor oil field off Sarawak, Malaysia. applications in accordance with IEC 61508, is environmentally protected to IP67M and has explosionproof certification to ” MIR Valve Sdn Bhd ordered 12 RH rack and pinion actuators ATEX 2014/34/EU standards. to control subsea ball valves on a jacket flooding system as part of the Petronas Carigali Sdn Bhd Bokor Phase-3 Redevelopment The RH can operate in a temperature range from -30 to 100 Project which aims to boost production rates. Jacket flooding °C (22 to 212 °F) as standard while high, low and extreme systems are used to co-ordinate the opening and closing of low variants are also available. flooding and venting ballast chambers using seawater to support and stabilise large offshore structures.
The Bokor field project involves the installation of three wellhead SINGAPORE platforms while Rotork’s actuators will be installed 70 metres underwater where they will be used for on/off duty. The Keppel Delivers Sixth Jackup Rig to Borr Drilling actuators will open the valves once within 48 hours of the jacket being submerged and provide a fail-safe return to the closed Keppel Offshore & Marine Ltd (Keppel O&M) has, through Fugro’s Seafloor Drill 2 in action in the Great Australian Bight, 2200 m below sea level position if there is a hydraulic supply failure in future. its wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS),
18 Mar to Apr 2020 Mar to Apr 2020 19 DYNAMICth POSITIONING ASIA delivered the state-of-the-art jackup rig, Hild, to Borr Drilling The grant call is open for applications at https://ema.gov. CONFERENCE & EXHIBITION Limited (Borr Drilling) safely, on time and within budget. sg/ema-keppel-partnership.aspx and will close on 12pm, S IN 11 7 – 9 JULY 2020 • SINGAPORE 24 June 2020. Interested companies, research institutes CE 20 Built to Keppel’s proprietary KFELS Super B Class design, Hild and institutes of higher learning are welcome to participate. is the sixth jackup that Keppel has delivered to Borr Drilling, Shortlisted participants will have the opportunity to 10 out of the 11 that have been ordered. It is capable of testbed their solutions through Keppel O&M’s Floating CALL FOR PAPERS operating in 400 feet water depth and drilling to 35,000 feet. Living Lab (FLL), the first-of-its-kind offshore floating testbed The Dynamic Positioning Asia 2020, for the 10th year running, will bring Equipped with a maximum combined cantilever load of 2,700 in Singapore. TECHNICAL COMMITTEE together DP experts, new technologies, a supporting exhibition and kips and high capacity hook loads of two million pounds, the networking opportunities for the region’s DP sector. JOEY FISHER KFELS Super B Class has tremendous horse power during Expected to be operational by end 2021, Keppel O&M’s Managing Director Partnered with the Marine Technology Society drilling operations. FLL will provide a platform for the industry and the research M3 Marine Expertise Dynamic Positioning Committee, DP Asia in 2020 will community to testbed and commercialise promising power be a three-day event and will incorporate MTS DP Workshops planned and executed by industry Following this delivery, Borr Drilling will have nine KFELS B and technology solutions for the marine sector. The FLL SUMAN MUDDUSETTI MTS DP Technical Committee technical and operational experts from the MTS DP Class and two KFELS A Class rigs in their fleet. will have Liquefied Natural Gas (LNG) bunkering facilities / Chairman, MTS DP Sub- Committee. for harbour crafts and small vessels. It will also house committee On Guidance The Committee invites papers for the conference sessions on the Developed by Keppel O&M’s technology arm, Offshore an embedded power generation system to power Keppel And Standards following themes Technology Development, the KFELS B Class designs have a O&M’s operations, with excess electricity to be exported to SATHEESH PRABHAKARAN market share of about a quarter of all jackup rigs delivered the national grid. (Please refer to Annex A for more information DP Manager WORKSHOP / CONFERENCE SESSION THEME since 2000. The innovative and cost-effective rig incorporates on the FLL.) Aqualis Offshore ▪ New & Future DP Vessel ▪ Cross connections in DP power industry-leading safety and environmentally friendly features Technological Development and control systems which provide maximum uptime with reduced emissions and Mr Ngiam Shih Chun, Chief Executive of EMA, said, “We CAPT ANDREW WOOD DP Manager ▪ Verification and Validation of ▪ DP Professional Competencies discharges. It has performed excellently in major offshore hope to develop innovative energy solutions for the marine DNV GL AC & DC Power Systems with ▪ ASOG – Lifecycle and exploration and development programmes in various sector through this partnership with Keppel O&M. We are Common Points Implementation locations worldwide. seeking solutions that incorporate the use of cleaner energy, PRIYADARSHAN PANDEY ▪ Advances in Senor and Position optimise energy consumption and reduce carbon emissions. General Manager ▪ Class Rules, Vessel Assurance POSH Group HSEQA Reference System Technology Keppel O&M had previously delivered the Saga, Skald, Thor, By doing so, we are building Singapore’s Energy Story by and Charterer Requirements ▪ DP Digitalisation Hermod and Heimdal jackup rigs to Borr Drilling. co-creating solutions for a more sustainable energy future PK KUMAR with stakeholders.” General Manager (Electrical The deadline for the submission of paper abstracts is 30 March 2020. Partnership Between EMA and Keppel Offshore & & Engineering) Greatship Global Offshore The Committee requests that the abstracts indicate the conference Marine Mr Chris Ong, Chief Executive Officer of Keppel O&M, session theme. said, “We are pleased to be able to partner EMA on ROB ACHTEN The energy sector is calling for innovative energy solutions developing innovative solutions for the energy and marine Fleet Technical Manager – Please register your interest and submit your abstract, which should not in the marine sector for the adoption of cleaner energy and space. Our use of digitalisation and data analytics will Research & System exceed 300 words to [email protected]. Swire Pacific Offshore greater environmental sustainability. The Energy Market reduce energy waste and increase the use of cleaner Authority (EMA) and Keppel Offshore & Marine (Keppel energy. The insights gleaned can also help us develop Dynamic positioning technology is constantly evolving through CAPT PRAVEEN BAJAJ innovations and improvements. Rules and guidelines for all aspects of O&M) have forged a $10 million partnership and signed a integrated solutions across the Keppel Group for sustainable Offshore Vetting and Marine DP vessel design, operations and professional development are under Operations Lead (AP) Memorandum of Understanding (MOU)1 to develop energy urbanisation. Our Floating Living Lab will help to reduce continuous development and there is high focus on safety and towards ConocoPhilips solutions in the areas of distributed energy resources, our carbon footprint by leveraging and test bedding clean the delivery of incident free DP operations. digitalisation and emerging low carbon alternatives. floating energy solutions. At the same time, it enables ANDREW LYNCH Keppel O&M to provide power for our own operations, Technical Instructor The conference will be an excellent platform for the speakers to address As part of this MOU, EMA and Keppel O&M are launching a support customers in delivering cleaner power, grow our Swire Pacific Offshore an experienced audience of multi-disciplined DP experts and stakeholders. grant call for solutions relating to energy storage systems and LNG bunkering services and improve the efficiency of the CAPT GAURAV DADHWAL smart power grids for the offshore and marine environment. current supply chain, while extending our gas offerings POSH OSV – Operations SPONSORS & EXHIBITORS OPPORTUNITIES These solutions should seek to reduce overall energy usage in the floating power segment. Keppel’s drive to provide A wide range of sponsorship opportunities are available. Sponsors will be and carbon footprint while enhancing overall operational clean floating energy solutions will complement EMA’s recognised in conference materials and at the event. ORAGNISED BY efficiency. The grant call serves to encourage innovation and work in ensuring energy sustainability.” capability building for the wider industry ecosystem in DP Asia provides a platform for a companies to showcase their products and services, enhance brand image, and to network with decision Singapore. The insights derived from the grant call could be makers from the DP Industry. translated to potential solutions to enhance the grid. MEDIACOMZ INTERNATIONAL PTE. LTD. For more information on Sponsorship & Exhibition packages, please email to Ms Mary at [email protected] or call +65 6222 3422 20 Mar to Apr 2020 Mar to Apr 2020 21
10DPA210x297CFP.indd 1 3/3/20 2:55 pm The oil and gas giant has also said in a proposal to THE ORIENT zones with a total thickness of approximately 20 meters. The the Ministry of Industry and Trade and the Ministry of well was tested to produce around 1,178 barrels of oil per day. Finance that value added tax (VAT) on exports of products THAILAND processed from crude oil be lifted so it can reduce The successful exploration of Kenli 6-1 demonstrated the its inventory. CHINA Company’s remarkable breakthrough in the exploration area Uzma Bags New Gigs in Thailand of Laibei lower uplift, and further proved the huge exploration It noted that with domestic consumption falling 30 percent CNOOC Limited Announces Large-sized Discovery potential of the Neogene lithologic reservoir in the Laizhou Bay. Malaysian oil and gas services provider Uzma Berhad has year-on-year in the first quarter, up to 90 percent of its storage Kenli 6-1 in Bohai announced in March that it has secured three contracts with space at the Dung Quat Oil Refinery and Nghi Son Refinery SOUTH ASIA an accumulated value of approximately RM160 million was taken up with unsold stock. ($38.35M) through its units in Malaysia and Thailand. The Binh Son Refining and Petrochemical Jsc (BSR), a The contracts cover well plug and abandonment (P&A), coil PetroVietnam subsidiary that operates Dung Quat, said INDIA tubing services, and well testing services, which are core another reason for the rising inventory was imports accounting upstream services provided by Uzma. for 35 percent of domestic supply in the first quarter. INOXCVA Signs MoU With Shell Energy India for LNG Distribution In the announcement, MP B5 Ltd., Mubadala Petroleum’s subsidiary in Thailand, has awarded a contract for the CNOOC Limited announced in March that the Company made INOX India Pvt Ltd (INOX), global leaders in Cryogenic provision of coil tubing services to MMSVS Group Holding a large-sized discovery Kenli 6-1 in Bohai Bay, which is Liquid Storage, Distribution and Re-Gas solutions have signed a Co. Ltd., a unit under Uzma in Thailand. expected to be the first large-sized oil filed in Laibei lower uplift. Memorandum of Understanding (MoU) with Shell Energy India Pvt Ltd., a wholly owned subsidiary of Royal Dutch Shell plc, for The three-year contract includes a two-year extension option. The Kenli 6-1 structure is located in Laibei lower uplift in partnering and developing the market for LNG supply by Road The contract value is approximately RM23 million ($5.5M). southern Bohai basin with an average water depth of about from Shell’s LNG Terminal in Hazira (District Surat), Gujarat. 19.2 meters. The discovery well KL6-1-3 was drilled and The MoU envisages deployment of distribution infrastructure “This is a strategic win for Uzma to grow its core upstream completed at a depth of 1,596 meters, and encountered oil pay including logistics and receiving facilities at customer end services in the regional market,” said Dato’ Kamarul Redzuan, the Group CEO of Uzma.
Meanwhile, it was announced last week that Uzma Engineering, a unit under Uzma, has been awarded a contract by Sarawak Shell Berhad for the provision of well abandonment integrated With rising inventory and plummeting oil prices, BSR reported services, which covers five wells for the Shell-operated platforms a loss of VND228 billion ($9.8 million) in the first two months in Sarawak that will run until the end of 2020. after years of making profit.
With these new contracts, Uzma brings its orderbook value to Petrovietnam’s after-tax profit in the first quarter dropped approximately RM1.5 billion (firm contract values) and RM2 by half to VND4.4 trillion ($189 million), and the billion (including estimates of umbrella contract values). company could lose up to VND141 trillion ($6 billion) in revenues this year, according to a recent report by the Commission for Management of State Capital at Enterprises (CMSC). VIETNAM An official of the Domestic Market Department under the Petrovietnam Wants Fuel Imports Stopped trade ministry said that the current low oil prices will benefit Vietnamese importers, adding that Petrovietnam’s proposal State-owned Petrovietnam has proposed that the government was being considered. stops importing fuel and oil as demand falls and domestic inventory rises.
22 Mar to Apr 2020 Mar to Apr 2020 23 Shell Energy India added, “We look forward to working with INOX to deliver LNG by trucks and create access to LNG for customers not connected via pipeline. There is a growing EXHIBITION & CONFERENCE demand for gas, the cleanest-burning fossil fuel, from the City Gas Distribution sector, commercial and industrial customers 3-5 MARCH 2021 and as a fuel for heavy-duty transport. We are excited to BITEC, BANGKOK, THAILAND explore this new segment and develop other such partnerships which will enable us to continue playing a key role in meeting ASIA’S LEADING India’s long-term need for more and cleaner energy.” www.FutureEnergyAsia.com
As a market leader for safe and reliable transportation and INTEGRATED ENERGY distribution of LNG by road, INOX is known for its innovative and future-ready solutions, customized to the needs of global TRANSFORMATION gas consumers. Since commissioning its first small scale LNG installation at the Halol Plant of General Motors in EVENT year 2010, INOX has successfully installed more than 35 such facilities across the country, under its GoLNG brand. Propagating the use of LNG as a clean and environment- friendly source of energy, INOX’s GoLNG transport tankers have collectively logged more than 6.5 Million KMs and distributed ~100,000 Metric Tonnes of LNG to its consumers spread all over the country. and will offer LNG access to the customers not connected THE PACIFIC to the pipelines. This will help in increasing the penetration and consumption of clean, reliable and cost-efficient LNG to commercial and industrial (C&I) users all over the country. The MoU also covers the cooperation in developing a larger AUSTRALIA market for LNG as a transport fuel for long-haul heavy-duty trucks and buses. Narrabri Gas Project Receives Green Light for Next Stage Shell Energy India (SEI) owns and operates a 5 MMTPA LNG Receiving, Storage and Regasification Terminal at Hazira in Santos has achieved an approvals milestone with the Gujarat. SEI is building a truck loading facility at its Hazira Ter- Narrabri gas project being referred to the Independent minal and the partnership with INOX, will help Shell to develop Planning Commission (IPC) in New South Wales. the market for LNG as a preferred fuel in the rapidly growing 7,000+ 1,000+ 200+ VISITING ENERGY SENIOR DECISION MAKER INDUSTRY LEADING city gas distribution, LCNG and industrial sector as well as The NSW Department of Planning will now complete its PROFESSIONALS CONFERENCE DELEGATES SPEAKERS usage of LNG as an auto fuel. assessment report on the project and provide it to the IPC for consideration. Announcing the MoU, Siddharth Jain, Executive Director, INOX India Pvt Ltd said, “Our partnership with Shell, underlines NSW Minister for Planning, Rob Stokes, has requested INOX’s innovativeness and our futuristic approach. LNG is the IPC make a decision on the Narrabri project within not only a clean and cost-effective fuel but is also safe and 12 weeks of receiving the report. reliable. We are delighted that our collaborated efforts will 200+ 100+ 10 make this green fuel more accessible. A larger gas-based If developed, Narrabri would supply NSW homes, small GLOBAL & REGIONAL STRATEGIC & TECHNICAL EXHIBITING INTERNATIONAL industrial ecosystem augurs well with Indian economy as well businesses, major industries and electricity generators. EXHIBITORS CONFERENCE SESSIONS COUNTRY PAVILIONS as for the environment at the same time and is a win-win The gas would be made available via a pipeline linking situation for all stakeholders.” into the existing Moomba to Sydney pipeline. The proposed pipeline would be constructed and owned by Speaking on the occasion, Ashwani Dudeja, Country Head, APA Group. Organised by 24 Mar to Apr 2020 Mar to Apr 2020 25
1288_0220 FEA 21_A1 Poster_@35%_AW.indd 1 07/02/2020 11:10 Industry Outlook
In February 2020, China’s state-owned refiners announced a cut in the refining throughput of 940,000 bpd for the month. novel coronavirus According to GlobalData, there could be some delays in execution of downstream projects that are under construction, wreaks havoc on the such as Jieyang, Lianyungang II, Dayushan Island Phase II, and Zhejiang Petrochemical Daishan Xylene Plant 2 due to the disruption in supply chains amid travel restrictions. oil & gas Chinese firms have also invested in the oil and gas sector of several other emerging markets, especially Russia, Brazil, Nigeria, and Mexico. These countries too may witness some dip in their oil and gas income due to the faltering energy industry consumption in China. Brazil and Nigeria also export significant volumes of their crude oil production to China, which are likely to drop over the short term. China has established itself as the most dominant country among the emerging The global economies. However, when Wuhan City in Hubei became ground zero for Puranik concludes: “In contrast to other emerging markets, pandemic has led to a coronavirus (COVID-19) outbreak, it resulted into a pronounced slowdown in India has been one of the beneficiaries of the COVID-19 the global economy, including the oil and gas industry, says leading data and outbreak in China and the resultant low oil prices. Following supply“ glut and massive analytics company GlobalData. China’s cancellation of some crude oil imports, India refiners, such as Bharat Petroleum Corporation Limited (BPCL), have drop in oil prices. The Ravindra Puranik, Oil and Gas Analyst at GlobalData, comments: “China consumes purchased stranded consignments of from Mediterranean 13.5 million barrels per day (bpd) of crude oil annually (2018 estimate), of which > and Latin American regions at discounted rates.” following article > China consumes 13.5 million barrels around 62% is obtained through imports. The lockdowns and travel restrictions per day (bpd) of crude oil annually (2018 highlights the major imposed in some of the major cities across China have resulted in a drop in estimate), of which around 62% is obtained Over US$50b in Capital Expenditure consumption of petroleum products in the country.” through imports. < Cuts Announced consequences. < The steep decline in the workforce, a consequence of lockdown, has also disrupted As the oil and gas sector comes to terms with decade-low Ravindra Puranik, port activity in China. Major ports, such as Shenzhen and Shanghai exhibited about oil prices and global disruptions caused by the COVID-19, Oil and Gas Analyst, 20% year-on-year decline in the month of February. It prompted companies, company costs and investments are being slashed with GlobalData ” such as PetroChina and China National Offshore Oil Corporation (CNOOC) to over US$50b pledged to date and more on the horizon, decline some crude oil cargoes from Brazil and West Africa. says GlobalData.
26 Mar to Apr 2020 Mar to Apr 2020 27 Daniel Rogers, Oil and Gas Analyst at GlobalData, comments: Rogers continues: “We have yet to see companies such as “Of the announced US$50b in cuts to date, approximately 20% Exxon Mobil and BP release budget cut estimates, but based of that is coming solely from Saudi Aramco (details can be on what we have seen already it is highly likely a further found later in this report), which could have implications for US$10bn could be taken off the table in 2020.” its ongoing expansion projects in the country. Elsewhere, across the supermajors, the investment cuts are within the 20-25% range, resulting in multibillion dollar pull backs in new projects and non-critical investments.”
Khurais Plant
Rogers concludes: “The types and severity of the cuts seen will The state energy giant expects capital spending for 2020 differ depending on stakeholder requirements. National oil to be between $25bn and $30bn in light of “current market > Of the announced US$50b in cuts to > companies will strive to protect obligated payments to the conditions and recent commodity price volatility”. Aramco’s date, approximately 20% of that is coming government, whilst maintaining production volumes, whereas capital expenditure was $32.8bn in 2019, and $35.1bn < solely from Saudi Aramco… < independent oil companies will focus on strengthening balance the year before. GlobalData has calculated that the average announced sheets and continuing to generate returns for investors in a capital expenditure (CAPEX) cut for 2020 currently sits at 29% Daniel Rogers, challenging environment.” Contractors and service providers are now trying to assess from original forecasts. On the higher end of the spectrum, Oil and Gas Analyst, the likely impact of the spending reduction by the key regional US operators with significant shale acreage and Australian GlobalData Saudi Lowers Its Sword on Investments client on their businesses. operators with imminent large-scale liquified natural gas (LNG) projects have taken the most drastic reduction measures. While Regained market stability at sustainable levels is required Saudi Aramco plans to reduce its investment plans after oil Sen continues: “Aramco is working to achieve the task it US operators such as EOG Resources and Occidental Petroleum to bring back delayed spending and investment confidence. prices crashed due to a slump in demand as a result of the has been set by the Saudi Energy Ministry to expand spare cut down on rig counts, Australian players Woodside Petroleum In addition to deferred project investments, share buy backs, coronavirus (COVID-19) pandemic. However, the company’s oil production capacity to 13 million barrels a day (b/d), and Santos are opting to defer LNG projects until investment dividend pay-outs and general overhead costs have all come 21% drop in net income in 2019 is not a cause for undue up from around 12 million b/d at present. conditions improve. under review for 2020 with revisions downward. concern, says GlobalData. “However, the state enterprise will need to increase its Saudi Arabia possesses around 18 per cent investment in refurbishing and revamping its brownfield of the world’s proven petroleum reserves and offshore and onshore assets to be able to raise its output ranks as the largest exporter of petroleum. The capacity by 1 million b/d in the near term.” oil and gas sector accounts for about 50 per cent of gross domestic product, and about 70 Sustaining the output capacity in the mid-to-long-term will also per cent of export earnings. OPEC increase the necessary routine spending on infrastructure such as central processing facilities (CPFs), gas oil separation plants Indrajit Sen, Oil & Gas Editor at GlobalData, comments: (GOSPs), and oil and gas processing plants. “Its slimmer margins can be attributed to lower crude oil prices and production volumes, declining refining and Aramco will need to maintain, if not potentially raise, its chemical margins, and a $1.6bn impairment associated capital expenditure if it seriously intends to meet its targets. with Sadara, its downstream joint venture with US-based Dow Chemicals. Sen concludes: “With global demand for refined fuels and petrochemical products plunging owing to the widening “The forecast for subdued capital expenditure by Aramco coronavirus outbreak, an alternative budgetary route in the in 2020 has attracted significant attention, particularly short term could be for Aramco to cut its expenditure on from the company’s supply chain community.” downstream projects.”
28 Mar to Apr 2020 Mar to Apr 2020 29
The Shaybah Field market news
Europe
Dominates LNG This was very close to nameplate capacity. Europe To the Fore
Australia came in a close second, at 76.1m tonnes, a rise of European LNG imports rose close to 76m tonnes in Import Story In 2019 over 8m tonnes and should take top spot in 2020, based on 2019, by far the highest ever recorded, according to the LNG Edge supply forecast. the provisional data.
Of the 40m tonne increase in supply, the majority – 33m tonnes – came from Australia, Russia and the US.
Russian production rates at Yamal and Sakhalin were especially impressive in 2019.
But US LNG took centre stage, with 35.6m tonnes produced, up by almost 15m tonnes year-on-year. The increase will Global LNG production jumped in 2019, triggering oversupply and low prices continue next year with the US set to produce almost 57m With LNG a key that are expected to persist in 2020. Initial full-year data from LNG Edge tonnes, according to the LNG Edge supply forecast. Much component of the shows exports at 355m tonnes in 2019, up from 314.9m tonnes in 2018. will depend on the successful ramp-ups of remaining new trains at Freeport and Cameron LNG. curr“ent energy mix, This represents the largest ever increase in production. Production from several of the more mature producers was it is imperative that While East Asian, especially Chinese, demand increased in 2017 and 2018 higher too in 2019. to absorb additional production, there was little change this year. Instead, market equilibrium supply pushed into Europe reached a record high, having a major impact Algerian and Egyptian exports both rose by more than 2m LNG sellers used the European market to absorb the global is sought for on regional hub pricing with price correlations growing between Europe tonnes, with Egypt producing 3.5m tonnes as its domestic gas oversupply with a rise in spot sales and portfolio sellers and Asia. supply continued to improve. bringing more cargoes into their own European terminal sustainability. positions. Qatar Wins Out Malaysian production improved substantially from 2018 This report offers when feedgas issues reduced operating rates, with a similar Among the list of records was the 8m tonnes imported by a summary of 2019 In the battle for top exporter, Qatar held onto first place, producing 77.4m story from Papua New Guinea where production recovered Europe in December, the highest on record, with the UK tonnes, according to the provisional LNG Edge data. after the drop in 2018 caused by a nearby earthquake. importing more than 2m tonnes. performances.. 30 Mar to Apr 2020 ” Mar to Apr 2020 31 China’s decelerated LNG consumption tricky for suppliers
Europe absorbed over 21% of all LNG produced globally East Asia In Decline Utilisation at a number of China’s key import terminals was Indian imports to over 26m tonnes, according to the LNG in 2019, up from 13% in 2018 in what was by far the most very high, with others still lacking sufficient linkage to the grid Edge demand forecast. significant change across all regions. In a major reversal from the preceding two years, total East to support larger send-out. Asian LNG imports fell in 2019 year-on-year, with weakness Middle East, Americas This trend of higher European imports will likely from Japan and South Korea. How China’s new independent gas pipeline and infrastructure continue in 2020 unless there is a major shift in short- operator develops in 2020 will be an important factor in the Rising domestic gas production and competing power generation term demand in Asia over the rest of the winter and the Combined imports into those two countries, China and Taiwan evolution of LNG imports and the ability that new companies meant that LNG imports into the Middle East and Americas both following summer. stood at 196.5m tonnes, still by far the most significant have to take import positions. fell in 2019, despite the oversupply and low spot prices. importing area. But this figure was down by around 1m The volume of LNG coming to Europe pushed down tonnes from 2018. East Asia as a whole accounted for 55% of global LNG Americas’ demand accounted for just 4.1% of global supply, traded hub prices and supported storage injection over demand, compared with 62% in 2018. down from 4.8% in 2018. the summer, putting the market in good shape as the In both 2017 and 2018 the region’s imports rose by around winter began. 20m tonnes which helped to absorb a large portion of rising South Asia Evolves While Brazilian LNG imports held up well, demand from both global supply. Argentina and Mexico fell. Sharp import increases were recorded across most European Beyond East Asia and Europe, south and southeast Asia countries, with Dutch and Belgian imports both more Japanese LNG imports fell by 7% in 2019, with South Korea are the two key import regions that sellers are focusing on. The Middle East absorbed 1.9% of global supply, down than doubling. down by 8%. There is substantial gas demand in the region, at the right from 2.9% in 2018, largely a result of Egypt stepping away price, but progress to open up new markets has been slow from imports. In volume terms, the most significant increases were in France The LNG Edge demand forecast shows a small rise in Japanese in recent years. where imports rose by over 6.5m tonnes to 16m tonnes, and LNG demand in Japan in 2020 linked to lower nuclear power But while Kuwait will continue as the most significant importer the UK which received over 13m tonnes, up by more than 8m generation, but further declines from South Korea. Across the existing importers, Pakistan and Bangladesh in the region – especially with the start of Al-Zour terminal tonnes from 2018. imported a combined 12m tonnes in 2019, up from 7.4m due for 2021, Jordanian imports fell by half. Most important was the slowdown in the growth of Chinese tonnes in 2018. Qatar pushed a lot more LNG into European LNG imports as coal-to-gas switching eased and economic This came just as the first Israeli pipe gas from the Leviathan markets, especially the UK, with more from the US growth struggled. Chinese LNG imports were up by over 8m The growth in Indian imports is restricted by the lack of new gas field arrived in Jordan at the end of the year. and Russia too. tonnes to 61.9m tonnes but this was a lesser increase than available infrastructure, but demand did rise by over 1m over the previous three years. tonnes to 23.8m tonnes in 2019. This periodical thanks Ed Cox, Editor, Global LNG, I.C.I.S, for providing this article for publication. The addition of more import capacity in 2020 could boost
32 Mar to Apr 2020 Mar to Apr 2020 33 Damen Yards Methanol Fuel OSV Concept
Alternative Fuels
Pathways to Decarbonization - Simplifying New Fuel Choices for Shipowners
The shipping industry is being challenged daily by the need to improve its Choosing a Pathway energy density than methane, it has far higher energy With IMO resolute environmental performance and reduce its contribution to climate change. The content, almost three times that of LNG and HFO. on reducing the shipping debate is welcome, but the result is often a welter of competing voices discussing ABS has identified three fuel pathways potentially open solutions that are still far from commercial availability. to shipping: The second pathway is defined as ‘LPG/Methanol’, by using industry’s“ footprint generally heavier, more complex molecules with lower energy Although the IMO will announce its final decision for the implementation of The first can be defined as ‘LNG or light gas’, using content, but with less demanding fuel supply and storage on the environment, the 2030 and 2050 carbon reduction deadlines by 2023, there are several generally light, small molecule fuels with high energy content, requirements than the light gas pathway. This group includes decarbonization is one facts that are already known: but more demanding, mainly cryogenic fuel supply systems LPG, methanol and ethanol, leading to bio-derived or and storage. This group includes the relatively mature synthetic LPG/methanol and ultimately to ammonia. of the main focus areas. • There will be no ‘cheap fuel’ in future; the industry needs to accept that methane (as LNG) solution leading towards bio-derived or This article provides carbon neutral and zero carbon fuels could be two to three times more synthetic methane, and ultimately to hydrogen as fuel. On this pathway, methanol can reduce CO2 by 10%, while expensive than those currently used. bio-methanol can be carbon neutral, and ammonia is a some of the options On this pathway, if methane slip is discounted, LNG can zero-carbon fuel. While ammonia shows considerable promise • The technical developments for producing the fuels that shipping needs are still reduce CO2 emissions by 20%; bio-methane can be carbon as a fuel, the technology for its storage and application available to shipowners in progress, however, the industry has some options to begin reducing carbon. neutral, while hydrogen is a zero-carbon fuel. still needs to be developed, and regulations must account to aid them in their for its particular safety considerations. • The vessel type and trade pattern will play a significant role in determining Hydrogen can serve as the ultimate solution along this journey towards the choice of pathway to sustainability; different fuels suit different vessel pathway, but it will necessitate significant technical advances, The third pathway hinges on bio/synthetic fuels that are zero-carbon. applications. which may require a decade or more, until it becomes a derived from renewable sources and can produce liquid practical solution. Although hydrogen has lower volumetric fuels. These fuels have similar properties to diesel oil and 34 Mar to Apr 2020” Mar to Apr 2020 35 thus are much less demanding in terms of new infrastructure By studying future fuels and by considering the degree to which and technologies onboard and can be utilized with minimal electrical storage and propulsion systems and new energy changes to current ship designs. efficiency technologies will play a role in future, shipowners can best position themselves in the marketplace. Our approach is to In the future, a third generation of biofuels, such as simplify this complex problem and enable shipowners to make lignocellulosic or algae-based fuels could potentially provide informed decisions about the fuels and systems that are right for the industry with almost 500 million tons of fuels annually, more their assets and operation. than the current annual bunker demand. This group includes electro/synthetic Gas-to-Liquid (GTL) fuels produced though At ABS, we see our role as a continuum by supporting the either carbon capture and electrolysis, or from converting industry in understanding the nature of this challenge, biomass to syngas and then to liquid fuels such as methanol helping our members, clients, and other industry stakeholders or diesel. to assess the emerging technology landscape and ultimately the regulations with which they must comply. Short Term Actions This periodical thanks Georgios Plevrakis, The selection of the most appropriate fuel pathway and Director of Global Sustainability, ABS, related technology is certainly a challenge, which includes for providing this article for publication. considerations of the vessel’s size and design, as well as Prior to joining ABS, Plevrakis worked evaluation of whether lower or higher energy content fuels in a number of roles spanning power will best match its operational profile. generation manufacturing to classification services. Previous roles include serving However, owners can take some steps to future-proof their as Business Development Manager for RINA and Head vessels, starting with designs that assume the greater use of Power Plants and Turbomachinery and Marine New of electrical installations to reduce the fuel consumption Buildings Manager for MAN Diesel & Turbo covering of the vessels. This philosophy assumes that the electricity Greece, Cyprus and the Balkan Region. Plevrakis holds can be produced from any fuel pathway and can be used an MEng in Mechanical Engineering from the National for propulsion or power generation onboard, using batteries or Technical University of Athens and an MBA from the Athens fuel cells for full or partial load operation. University of Economics and Business.
36 Mar to Apr 2020 Mar to Apr 2020 37
IMOX_PMO210x297A4ad-Mar20.indd 1 2/3/20 7:39 pm Gas/Hybrid Engines WinGD Future Technologies Team Leader, Andreas an organic polymer found in the cell walls of many Schmid, said: “The injection system is the most challeng- plants. The fuel-flexible injection system will now become ing element of designing an engine for low-carbon fuels, part of the company’s toolbox for validating low-carbon so this experimental design will give us an important head alternatives to help shipping meet its greenhouse gas start. Once we know what fuels are likely to be used, we reduction objectives. will be able to use this concept as a starting point to develop more tailored injection concepts.” These projects represent an ongoing valuable collaboration and exchange of ideas and equipment with Dr. Konstantinos WinGD installed the fuel flexible injector on its RTX- Boulouchos, and the Aerothermochemistry and Combustion 6 engines in order to test ethanol combustion. Among Systems Laboratory of ETH Zurich. other findings - detailed in the whitepaper - the company confirmed that ethanol fuel (with a small amount of diesel This project was made possible through funding from the injected as a pilot fuel) reduces the formation of NOx and Swiss Federal Office of Energy, bringing together academia smoke emissions. and industry towards ensuring the transfer of knowledge and technology. WinGD’s fuel flexible injector installation on RTX-6 Test Engine WinGD is currently involved in several projects investigating new liquid fuels, including the FALCON project to This periodical thanks WinGD, for providing this article WinGD Advances develop a carbon-neutral alternative to HFO from lignin, for publication. Clean Fuel Research > > The injection system is the most challenging element of designing an engine with Flexible for low-carbon fuels, so this experimental design will give us an important head start. Once we know what fuels are likely to be Injector Concept used, we will be able to use this concept as a starting point to develop more tailored injection concepts. > > WinGD (Winterthur Gas & Diesel) has bolstered its investment in fuel research Andreas Schmid, As the marine with the development of a flexible injection system. In a whitepaper released WinGD Future Technologies and offshore industry in April, ‘Flexible Injector to Advance Alternative Fuels Research’, the engine “ designers describe how the concept will play a crucial role in its investigations Team Leader move towards greener into low-carbon liquid fuels and engine injection concepts to harness them. operations there is The system was developed as part of HERCULES 2, the collaborative European a need for engines engine research project which concluded in 2018. It features an adjustable needle to allow for the injection of lower density liquid fuels, including promising which can be operated alcohol fuels like methanol and ethanol, as well as conventional fuels including Have you read with greener fuel. heavy fuel oil and marine diesel oil. our other magazine? This article provides an At present there is great uncertainty around the fuels that shipping will use to update on technology reduce its greenhouse gas emissions. Several of the candidates are unconventional liquid fuels including alcohols and synthetic diesel produced from biomass or which assists this renewable electricity. These will require different injection strategies to LNG, for see us on the web at journey. example, which is already used in WinGD’s X-DF engines. www.mediacomz.com 38 Mar to” Apr 2020 Mar to Apr 2020 39 MEDIACOMZ INTERNATIONAL p te . ltd . AN INTERNATIONAL EXHIBITION OF MARITIME, SHIPBUILDING, OFFSHORE TECHNOLOGY, EQUIPMENT, AND SUPPORTING INDUSTRIES editorial schedule 2020
Petromin Marine & Offshore
issue Feature
January / February 2020 Theme : Digitalisation and Data Co-Located With : Ad Closing: 15 January • Country / Regional Report : Singapore Material Due: 30 January • Special Feature : Managing Marine Assets • Technology : Offshore Digitalisation
March / April 2020 Theme : LNG Ad Closing: 15 March • Country / Regional Report : Indonesia Material Due: 30 March • Special Feature : Small-Scale LNG • Technology : Gas and Hybrid Engines
May / June 2020 Theme : Station-Keeping Ad Closing: 15 May • Country / Regional Report : Vietnam Material Due: 30 May • Special Feature : Dynamic Positioning • Technology : Thrusters
July / August 2020 Theme : Natural Gas Ad Closing: 15 July • Country / Regional Report : Malaysia 16 - 18 JUNE 2020 Material Due: 30 August • Special Feature : FLNG • Technology : Gasfield Technology Advances SMX Convention Center Manila, September/October 2020 Theme : Green Shipping Ad Closing: 15 September • Country / Regional Report : Southeast Asia Mall of Asia Complex, Material Due: 30 September • Special Feature : Alternative Fuels • Technology : HSE
November/December 2020 Theme : Safety PHILIPPINES Ad Closing: 15 November • Country / Regional Report : Korea Material Due: 30 November • Special Feature : Operational Safety • Technology : Advances in Construction
Petromin Hydrocarbon Asia issue Feature 100% SOLD January - March 2020 Theme : Storage in our last year event Ad Closing: 15 February • Country / Regional Report : Thailand Material Due: 28 February • Special Feature : Asset Maintenance • Technology : Storage Technology 100% INCREASE April - June 2020 Theme : Regasification Ad Closing: 15 May • Country / Regional Report : Malaysia in Exhibition space Material Due: 30 May • Special Feature : LNG Terminals • Technology : Gas Detection
July - September 2020 Theme : Digital Plant For More Information Please Contact : (+632) 9020900 Ext 115 / (+632) 9277040888 phil@asia reworks.com Ad Closing: 15 August • Country / Regional Report : Singapore Material Due: 30 August • Special Feature : Digital Refining • Technology : Corrosion Control Organized by : Hosted by: Supported by: October - December 2020 Theme : Safety Ad Closing: 15 November • Country / Regional Report : Indonesia Material Due: 30 November • Special Feature : Process Safety Fireworks Trade Exhibitions & • Technology : Catalyst Technology Conferences Philippines, Inc.
The publisher does not assume any responsibility or liability for errors or omissions. www.philmarine.com
Philmarine210x297PMO111219.indd 1 8/11/19 11:47 am MEDIACOMZ INTERNATIONAL p te . ltd . A dvertisement print Rate card (Petromin Marine & Offshore)
TYPES PAGES ONE ISSUES SIX ISSUES TWELVE ISSUES (SGD) (SGD) (SGD) PREMIUM POSITIONS Inside Front Cover 1 $2,000 $1,800 each $1,600 each Inside Back Cover 1 $1,800 $1,600 each $1,400 each Inside Front Cover Spread 2 $3,800 $3,400 each $3,000 each Back Cover 1 $4,000 $3,800 each $3,600 each
REST OF BOOK Full Page 1 $1,800 $1,600 each $1,400 each Half Page Island ½ $1,100 900 each 700 each Half Page ½ $1,100 900 each 700 each Quarter ¼ $800 $700 each $600 each
CLASSIFIED ADVERTISING 57mm x 35mm - - - $600 57mm x 54mm - - - $900 57mm x 73.5mm - - - $1,200
MAGAZINE SIZE MEASUREMENT IN MM (W X H)
SIZE TRIM BLEED Full Page 210mm x 297mm ADDITIONAL 3MM FROM Half Page Island 118mm x 195mm EACH SIDE Half Page 180mm x 128mm Quarter 87mm x 113mm
All measurements below are width x height
Full Page (Trimmed Size) Island ½ page Horizontal ½ ¼ page 210mm x 297mm 118mm x 195mm page 87mm x 113mm +3mm bleed on all sides 180mm x 128mm
ADVERTISEMENT PRODUCTION The artwork should be a press ready PDF file ONLY minimum resolution (300dpi) in actual size with bleed and crop marks.
All files must be CMYK format and all black text as over print.
For bleed size add 3mm extra on all four sides after trim marks.
Image loss in the gutter 3mm either side.
For full page Ad’s ensure that text is at least 10 mm inside from the crop marks.
If text runs across a DPS please ensure that the text is 10 mm away from the gutter on either side.
Ensure all images are a minimum of 300dpi at final placement of 100%. All image files should be CMYK and files in RGB or files containing additional channels will not be accepted.
MediaComz International Pte. Ltd. does not take responsibility for PDF files prepared incorrectly.
All artwork must be designed per the specific dimensions, if not as per the dimensions, the artwork will be resized.
If having any difficulties with conforming to your advertisement artwork, please contact MediaComz Interational Pte. Ltd. office or mail to - [email protected]
Iamarine2020_210x297.indd 1 26/11/19 4:40 pm calendar of events
2020 25 – 27 August 2020, Radisson Golf & 12th RAMPS 2020 Convention Center, Batam, Indonesia September 2020, Kuala Lumpur, Contact: Susi Malaysia JUNE 2020 Tel: +62 778 4883726 Contact: Mary Dela Pena Email: [email protected] Tel: +65 6222 3422 The 7th Philmarine 2020 Website: www.asiafireworks.com Email: [email protected] 16 – 18 June 2020, Website: www.mediacomz.com SMX Convention Center Manilia, InAMarine 2020 Philippines 26 – 28 August 2020, 4th Tank Terminal Tech Asia 2020 Contact: Lisa JIExpo Kemayoran, Jakarta, Indonesia September 2020, Kuala Lumpur, Email: [email protected] Tel: +62 21 54358118 Malaysia Tel: +632 790 209 00 Fax: +62 21 54358119 Contact: Mary Dela Pena Fax: +632 790 209 49 Email: [email protected] Tel: +65 6222 3422 Website: www.philmarine.com Website: www.gem-indonesia.net Email: [email protected] Website: www.mediacomz.com July 2020 september 2020 october 2020 10th Dynamic Positioning Asia Green Energy Furure South Korea Conference & Exhibitions 2020 2020 2nd LNG VIETNAM 2020 7 – 9 July 2020, Singapore 1 – 2 September 2020, October 2020, Vietnam Contact: Mary Dela Pena Swiss Grand Hotel, Seoul, South Korea Contact: Mary Dela Pena Tel: +65 6222 3422 Contact Person: Cami Wang Tel: +65 6222 3422 Email: [email protected] Email: [email protected] Email: [email protected] Website: www.mediacomz.com Tel: +86 21 6419 9870 ext. 8328 Website: www.mediacomz.com
Cambodia Marine & Offshore 2020 MOGSEC 2020 november 2020 8 – 10 July 2020, Cambodia 22 – 24 September 2020, Kuala Lumpur Convention Centre, Malaysia 3rd MYANMAR LNG 2020 AUGUST 2020 Contact: Derrick Yeow 5 – 6 November 2020, Myanmar Tel: + 603 9771 2688 Contact: Mary Dela Pena 6th LNG & Clean Marine Fuel Forum Fax: + 603 9771 2799 Tel: +65 6222 3422 19 – 20 August 2020, Singapore Email: [email protected] Email: [email protected] Contact: Mary Dela Pena Website: www.mogsec.com.my Website: www.mediacomz.com Tel: +65 6222 3422 Email: [email protected] apm 2020 OSEA 2020 Website: www.mediacomz.com 30 September – 2 October 2020, 24 – 26 November 2020, MBS Convention Center, Singapore MBS Convention Center, Singapore 5th Indonesia Marine Offshore Website: www.apmaritime.com Tel: +65 6222 3422 Expo 2020 Website: www.osea-asia.com
This information is supplied ‘as is’. While every attempt has been made to ensure the accuracy of such information, the publisher does not accept responsibility for any loss or damage ADVERTISING SALES OFFICES attributable to errors or omissions. Organisers are advised to check the information and Mediacomz international PTE. LTD. to notify the magazine of any such errors or omissions. If email is available, please also 8@TradeHub 21, 8 Boon Lay Way #09-10 Singapore 609964 provide e-mail address. This listing is a free service to Petromin Marine & Offshore Tel: 65-6222 3422 Fax: 65-6222 5587 readers. To have your conference or exhibition listed please post, fax or email details to Mary Contact person: Mary Dela Pena at [email protected]. For latest information. Log onto www.petrominonline.com & click Email: [email protected] on ‘Events Calendar’.
44 Mar to Apr 2020
Celebrating
Every Ship is Unique Customising Innovative design solutions
Harbour Merchant Offshore Specialised 99 Crafts 67 Vessels 79 Vessels 8Vessels 19 Oil & Gas 20 Conversions
Singapore • China • India • Myanmar • Thailand • Japan • Vietnam • Malaysia • Korea • Australiawww.seatechsolutions. • Germany www.seatechsolutionscom .cominfo@s [email protected]
Seatech_210x297.indd 1 2/4/18 7:00 pm