Oil Gas and Shipping Weekly by Oil, Gas and Shipping Weekly

WEEKLY

Weekly

This weekâ&#x20AC;&#x2122;s issue includes:

Shell Schlumberger Baker Hughes Lukoil Petronas BP and many more...

Cover Story: Gazprom launches gas production in Vietnam

CONTENTS WEEKLY

Weekly

Shell Schlumberger Baker Hughes Lukoil Petronas BP and many more...

EDITORIALS: 4 8 12 16 18 22 24 26 28 32 36

COVER STORY: Gazprom launches gas production in Vietnam Gazprom marketing and trading marks the delivery of “Lena River”; another newbuild LNG this year Statoil- Significant oil discovery offshore Canada Shell supports future talent BP has awarded UK companies over £1 billion of contracts for key west of Shetland project Baker Hughes- New guar-alternative fracturing fluid delivers cleaner fractures for improved recovery Baker Hughes introduces Staycool multidimensional cutters for improved drilling performance The Energy Institute- Professional development for the energy sector Lukoil upgrades its mini refinary in Kogalym Schlumberger releases new high definition imaging-whiledrilling service Petronas signs LNG ship contract with Hyundai Heavy Industries

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This week’s issue includes:

Cover Story: Gazprom launches gas production in Vietnam Featured in this issue: GAZPROM STATOIL SHELL BP BAKER HUGHES LUKOIL SCHLUMBERGER PETRONAS Worldwide Business Media Ltd. Oil, Gas and Shipping Weekly Norwich Norfolk NR7 9NQ United Kingdom Tel: +44 (0) 1603 470662 www.worldwidebusinessmedia.com www.oilgasandshipping.com info@oilgasandshipping.com Editor: editor@oilgasandshipping.com Sales: simon@oilgasandshipping.com Artwork: artwork@oilgasandshipping.com Oil, Gas and Shipping 2013 Oil, Gas and Shipping Weekly is published by Worldwide Business Media Limited, Norwich, Norfolk, NR7 9NQ United Kingdom. Registered No. 6809417 England/ Wales. VAT No. 972 7492 76. All rights reserved. Reproduction in whole or any part without written permission is strictly prohibited. Liability: while every care has been taken in the preperation of this magazine, the publishers cannot be held responsible for the accuracy of the information herein, or any consequence arising from it. All paper used in this production comes from well managed sources.

Gazprom launches gas production in Vietnam

Led by Alexey Miller, Chairman of the Management Committee, Gazpromâ&#x20AC;&#x2122;s delegation paid a visit today to the Socialist Republic of Vietnam. During the visit Alexey Miller held a working meeting with Truong Tan Sang, President of Vietnam. In addition, negotiations were held with Phung Dinh Thuc, Chairman of the Board of Directors of Petrovietnam Oil and Gas Group and Do Van Hau, President and CEO of Petrovietnam.

In the presence of the companies’ top officials a solemn ceremony took place on the occasion of launching commercial gas production from the fields of licensed blocks 05.2 and 05.3 offshore Vietnam, with 8.5 million cubic meters of gas and 3.5 thousand tons of gas condensate to be daily produced there. In addition, the Gazprom Management Committee Chairman Alexey Miller and the Petrovietnam President and CEO Do Van Hau signed the Agreement on the basic principles of the joint venture activities under a project for natural gas use as a vehicle fuel in the Republic of Vietnam. The document stipulates promoting the cooperation between the companies in the NGV sector, particularly when converting public transport in Ho Chi Minh City to natural gas. “The implementation of such large-scale joint projects will make it possible to bring the cooperation between our companies to a new level of strategic importance. I am sure it will make a significant contribution to developing the fuel and energy sector of Vietnam and providing its consumers with an environmentally friendly fuel over the long term,” said Alexey Miller. The parties reached the agreement to speed up the negotiating process surrounding liquefied natural gas supplies to Vietnam within the Vladivostok-LNG project and sign a Framework Agreement concerning LNG supplies before the end of 2013. The visit ended up with an awards ceremony where the superior honor awards of the Socialist Republic of Vietnam were presented. Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Vsevolod Cherepanov, Member of the Management Committee, Head of the Gas, Gas Condensate and Oil Production Department were awarded the Order of Friendship of the Socialist Republic of Vietnam for the merits in the development of Vietnam’s oil and gas industry.

Gazprom Marketing & Trading marks the delivery of “Lena River”; another newbuild LNG carrier this year Hyundai Heavy Industries (HHI) delivered liquefied natural gas (LNG) vessel Hull Number 2557 at a ceremony at the HHI shipyard in Ulsan, South Korea on Friday, 4 October. The vessel was named “Lena River”. The Gazprom Marketing & Trading (GM&T) group will time charter “Lena River” from Greek LNG tanker operator Dynagas for several years. She will be the third vessel on charter between GM&T group and Dynagas after “Ob River”, which became famous last year for being the world’s first LNG carrier to pass through the Northern Sea Route, and “Yenisei River”, which was delivered in July. GM&T’s steadily expanding fleet of LNG vessels will be used to support its growing global LNG trading portfolio.

The Gazprom Marketing & Trading (GM&T) group will time charter “Lena River” from Greek LNG tanker operator Dynagas for several years. She will be the third vessel on charter between GM&T group and Dynagas after “Ob River”, which became famous last year for being the world’s first LNG carrier to pass through the Northern Sea Route, and “Yenisei River”, which was delivered in July. GM&T’s steadily expanding fleet of LNG vessels will be used to support its growing global LNG trading portfolio. The state-of-the-art “Lena River” features membrane tanks, has a cargo capacity of 155,000 cubic meters and is powered by a tri-fuel diesel-electric propulsion system. Her 1A ice class and winterisation equipment allows sailing in ice conditions, including through the Northern Sea Route during open navigation. Like the “Ob River” and “Yenisei River”, the vessel will be operated by an international crew, including graduates of the Admiral Makarov State University of Maritime and Inland Shipping, St. Petersburg, Russia. “Lena River” is named after one of the three great Russian Siberian rivers that flow into the Arctic Ocean, completing the tradition established with “Ob River” and “Yenisei River”.

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Significant oil discovery offshore Canada Statoil (OSE:STL, NYSE:STO) Canada and coventurer Husky Energy have announced that the first Bay du Nord exploration well has discovered between 300 and 600 million barrels of oil recoverable. The Bay du Nord discovery, located approximately 500 kilometres northeast of St. John’s, Newfoundland and Labrador, Canada, was announced in August. A sidetrack well has been completed this week and confirms a high impact discovery. Additional prospective resources have been identified which require further delineation. The Bay du Nord discovery is Statoil’s third discovery in the Flemish Pass Basin. The Mizzen discovery is estimated to hold a total of 100-200 million barrels of oil recoverable. The Harpoon discovery, announced in June, is still under evaluation and volumes cannot be confirmed at this stage. The Bay du Nord well encountered light oil of 34 API and excellent Jurassic reservoirs with high porosity and high permeability. “It is exciting that Statoil is opening a new basin offshore Newfoundland,” says Tim Dodson, executive vice president of Statoil Exploration. “This brings us one step closer to becoming a producing operator in the area.” “With only a few wells drilled in a large licenced area, totalling about 8,500 square kilometres, more work is required,” adds Dodson. “This will involve new seismic as well as additional exploration and appraisal drilling to confirm these estimates before the partnership can decide on an optimal development solution in this frontier basin.” The successful drilling results from the Flemish Pass Basin demonstrate how Statoil’s exploration strategy of early access at scale and focus on high-impact opportunities is paying off. As an early player in the area, Statoil has confirmed its understanding of the basin and has opened a new oil play offshore Canada. The Flemish Pass has the potential to become a core producing area for Statoil post-2020. All three discoveries are in approximately 1,100 metres of water. Mizzen was drilled by the semi-submersible rig Henry Goodrich (2009). The Bay du Nord and Harpoon wells were drilled by the semi-submersible rig West Aquarius (2013). Statoil is the operator of Mizzen, Harpoon and Bay du Nord with a 65% interest. Husky Energy has a 35% interest. (High impact discovery = > 100 mmboe net to Statoil or > 250 mmboe in total) About Statoil: Statoil is an international energy company with operations in 34 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world’s energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Stavanger, Norway with approx. 23,000 employees worldwide, and are listed on the New York and Oslo stock exchanges.

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Shell supports future talent

At Offshore Europe 2013, Aberdeen, Glen Cayley, Upstream Director Shell UK & Ireland, Fergus Ewing MSP - Minister for Energy, Enterprise and Tourism and David Cook, Assistant Principal, Business and Skills, Banff and Buchan College welcomed a new intake of students on to the Shell Engineering Scheme and the Girls in Energy programme. The Shell Engineering Scheme is a prestigious training programme, for 16-24 year olds, and is run in partnership with Banff and Buchan College. This year it celebrates 11 years of success since its launch in 2002. It is an intense course, over a two year period, with a mix of practical and theoretical work which helps them to prepare for the world of work. The students will graduate with an HNC/D in an engineering discipline, an SVQ in Performing Engineering Operations and they will also be given training in health & safety, management, team working and interpersonal skills. “Enhancing the future skills base of the oil and gas industry in Scotland is a key priority, for Shell and the industry” said Glen Cayley, Upstream Director Shell UK & Ireland. “The energy sector must recruit and train the right people with the right skills in order to succeed, and the Shell Engineering Scheme has provided industry-relevant engineering skills and knowledge for over 130 students since it started in 2002.” Also on the stand today, we will be welcoming a new intake of young women on to the Shell Girls in Energy programme, a one year all-girl course for 14–16 year olds, in secondary education. The course is designed by Banff and Buchan College and Shell to build skills around science, technology, engineering and maths (STEM) and to open young women’s eyes to the energy industry’s wealth of careers. Fergus Ewing MSP said “Supporting women to fulfil their potential in the labour market is a key aim of the Scottish Government. The oil and gas industry supports around 450,000 jobs, with 50% of those estimated to be here in Scotland. We have almost 2,000 service and supply companies active in more than 100 countries worldwide. However this remains an industry where we struggle to attract and retain women in the workforce. More needs to be done, particularly to address the under-representation of women in industries like oil and gas particularly as the industry in Scotland presents huge opportunities now and in the future. “That is why I am delighted that today I can welcome these young people, and particularly women, in to the industry. Through Energy Skills Scotland we will work with industry, building on events like these today, to look at how we can address the gender imbalance that exists.” Opening up career options and opportunities is the key to the success of both of these programmes, key to increased participation in STEM subjects from a young age, and key to looking for solutions to critical challenges such as meeting soaring global energy demand while limiting CO2 emissions.

BP Has Awarded UK Companies Over ÂŁ1Billion of Contracts for Key West of Shetland Project

BP announced today that it, and its partners, have now awarded over £1 billion in contracts to UK-based companies to provide services and equipment for the major re-development of the Schiehallion and Loyal oil fields to the west of Shetland. The project to redevelop the fields, which are operated by BP on behalf of its partners, involves two main elements: a brand new floating production, storage and offloading vessel and a major upgrade of the subsea infrastructure that will lie on the seabed. The latest in a series of awards has been made to OneSubsea which has been awarded a £65 million contract to manufacture subsea trees at the company’s facility in Leeds. This follows awards during 2012 and 2013 to companies based in Aberdeen, Fife, the Wirral, Newcastle, Leicester, Bristol, Shetland and many other UK locations. (See map below) Trevor Garlick, BP’s Regional President for the North Sea, said “The UK-based subsea engineering industry offers great expertise and capability and is fully engaged in developing highly-advanced equipment that will ensure we maximise recovery from this field until 2035 and beyond. It is great to see more than 30 companies from all parts of the UK working together to contribute towards this important offshore project.” Business Secretary Vince Cable said: “As I saw for myself at the Offshore Europe conference in Aberdeen last week, Britain’s oil and gas industry continues to thrive. Its expertise and innovation is impressive. “Employing over 400,000 people and providing the majority of our energy needs, the Government’s industrial strategy will help keep this important sector growing. “An important part of the strategy is reenergising the British supply chain. I want to create the conditions for the SMEs across the country to flourish in a highly-competitive global market. So it’s encouraging that the UK supply chain have played a major role in the development of BP’s Quad 204 project and I hope more will follow.” OneSubsea will manufacture 11 “Xmas Trees” for the Schiehallion re-development. Fixed to the wellhead of a completed well, subsea trees are used on offshore oil and gas fields to monitor and control the production of a subsea well; they can also manage fluids or gas injected into the well. Partners in the Quad 204 project are BP (36.3%), Shell (54.03%), OMV (4.84%) and Statoil (4.84%)

New Guaralternative Fracturing Fluid Delivers Cleaner Fractures for Improved Recovery

Baker Hughes announced today the commercialization of its ClearStar™ fracturing fluid system, which improves reservoir performance and delivers superior fracturing in both conventional and unconventional reservoirs. The ClearStar fluid system provides better flowback for increased production and improved economic results compared to guar, guar-derivate, and borate systems. The ClearStar system is a guar alternative that uses an efficient, refined cellulose derivative polymer to attain superior viscosity and achieve a low pH to reduce the potential for clay swelling that can restrict production flow. It delivers stable performance at temperatures up to 275°F (135°C). With customizable delay times based on lateral length and pump rates, ClearStar fluids enhance sand transport through the wellbore during pumping operations to ensure proper placement within the fractures. The ClearStar system has a high molecular weight compared to other guar-alternative fracturing fluids, so it requires a smaller amount of polymer to achieve the desired viscosity. Lower polymer loading helps reduce a fracturing operation’s overall horsepower requirements and related fuel costs. Used with the Baker Hughes EnZyme™ and HighPerm™ encapsulated breakers, ClearStar fluids minimize the risk of formation and proppant pack damage to ensure maximum flowback capacity and speed, and increase both initial and long-term hydrocarbon production. “We are delighted to add the ClearStar system to our robust fracturing fluid portfolio,” said David Gallagher, Baker Hughes Vice President of Production Enhancement. “This premium fluid can offer our customers superior flowback performance, and has been shown to significantly boost one year cumulative hydrocarbon production compared to conventional fracturing fluids.” In 32 separate treatments in Colorado’s Wattenberg field, the ClearStar fracturing fluid system produced an average 11% more cumulative oil over 350 days of production compared to wells stimulated using premium, guar-based fluids.

Baker Hughes Introduces StayCool Multidimensional Cutters for Improved Drilling Performance New technology extends cutter life and bit runs with cooler, sharper, more efficient cutter technology HOUSTON, TEXAS (October 1, 2013) – Baker Hughes Incorporated (NYSE: BHI) announced today the availability of its StayCool™ multidimensional cutter, which helps operators drill to total depth faster and more cost effectively by extending cutter life and footage per run. Used exclusively on the Hughes Christensen Talon™ platform of premium polycrystalline diamond compact bits, these cutters incorporate a contoured diamond table, wear-resistant diamond materials, and new interface designs. “Historically, operators would design more cutters into a bit to compensate for cutter wear or damaged cutters, which isn’t always the most efficient way to drill,” said Scott Donald, Vice President of Drill Bits for Baker Hughes. “The StayCool cutter allows us to offer a bit that maintains the same cutter density but can perform better when cutters are worn.” In challenging environments such as interbedded sandstones and carbonates, bit performance is directly related to cutters and their ability to withstand heat. Overheated cutters experience abrasive wear faster, which can lead to lower rates of penetration (ROP) and higher mechanical specific energy (MSE) or wasted energy that is not directly transferred into removing rock. In the Cana Woodford field of Oklahoma, this technology provided customers with a 10% improvement in ROP and a 37% improvement in footage when drilling through hard sands interbedded with hard limestones. In the Pinedale anticline of Southwestern Wyoming, StayCool cutters are being used to drill through abrasive sandstones interbedded with shale. In this area, the Talon bit with StayCool cutters has improved the distance drilled by 12% in 50 runs totaling 156,000 ft. StayCool cutters have already drilled more than 289,000 ft in 89 runs, in five different applications in field tests, and for more than 20 customers throughout the United States. The StayCool cutter’s patent-pending contoured design reduces friction, maintains a sharper cutting edge throughout the bit run, and reduces MSE. Laboratory testing has shown that the cutters generate 20% less heat on the cutter face than conventional flatsurface cutters. Less heat minimizes cracking tendencies on the diamond table that can lead to failures and shorten run life. As a result, run lengths are extended, and the cutters remain aggressive while enabling the bit to maintain higher ROPs throughout the bit run. Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry. The company’s 59,000-plus employees today work in more than 80 countries helping customers find, evaluate, drill, produce, transport and process hydrocarbon resources.

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Professional Development for the Energy Sector- The Energy Institute “I don’t need to do professional development” The simple answer to this is that everyone needs to do professional development. Even if you have been doing your job for years then you can always benefit from trying or learning something new. Even if you are totally confident that you are 100% up to date with what is going on in the sector and you could not improve your own skill levels at all then you may want to consider learning something different. This will ensure that you continue to challenge yourself and make your job more interesting. The EI is committed to helping members carry out professional development through a variety of activities. The EI’s latest skills survey compiled views from a large number of respondents and addressed the skills shortage issues in the industry. It also offered recommendations for solving these issues and developing a sustainable recruitment strategy. The EI continuously carries out research into skills topics and the latest research will examine the high level skills shortage in the energy sector.

CPD opportunities The EI is committed to expanding the range of CPD opportunities provided for its members and the wider industry and closely monitors the outcomes of the skills research to develop new initiatives needed by the sector. The Skills Needs report discovered that almost four out of five respondents believed that technical skills were a key shortage area. In response to this the EI launched a new training strand based on technical publications - building on two EI strengths as a key training provider for the energy sector and the wealth of technical knowledge held by the organisation. The Energy Institute’s technical work programme has always provided the international industry with information and guidance on relevant technical issues. Independent research and investigations, technical responses to legislation and regulation, events and seminars are just some of the ways industry information is communicated to the sector. But while the EI publications have provided essential best practice guidance it was agreed that training courses based on the publications would increase understanding, ensure that delegates were brought up to date with revisions to the guidance and current practice and open up the learning to a wider number of people. Topics will focus on the most popular EI publications and will continue to ensure that energy staff are working to the highest safety and competency standards. Current course topics are Essentials of Aviation Filtration – based on EI 1550, Corrosion Management Essentials, Introduction to Carbon Capture and Storage, Filling Station Design and Engineering and Human Factors. The EI also runs training courses in energy management to help organisations reduce their energy use. The certificate in energy management essentials covers the fundamental tools energy managers require including regulations and standards, metering and monitoring energy and conducting an audit of a building. All EI training courses explicitly state the learning outcomes which students are expected to achieve through their participation. This makes it easiest for those undertaking professional development to plan their learning and reflect on what they have gained from the course.

Bespoke courses for organisations More and more companies are choosing to put on bespoke training courses, tailored to their organisational needs. There are significant advantages in this if there are large numbers of people that would benefit from training on a topic as travel costs are minimised. It also means that the training can be customised to contain relevant case studies and examples. The EI is running a bespoke version of the Introduction to Carbon Capture and Storage course for Fluor Limited. Helen Kilbride, Process Engineering Manager, explains why Fluor feels the training course is important for their staff: “We believe that inviting external specialists to provide training complements Fluor’s own in-house training and development programmes. A different perspective can assist us to better position ourselves in emerging industry sectors.” The EI is also exploring the possibilities of providing suitable training courses online. A broad international membership means that the EI has reach across the globe and classroom based courses have recently been held in Frankfurt, Budapest, Dubai and Hong Kong. Online courses would provide greater access to training for our international members as well as allowing delegates from the UK and abroad to undertake learning at a time convenient to them and at their own pace.

Mentoring The EI has long offered a service that matches people working towards professional membership or chartership with a mentor to help guide them through the process. The EI is currently reviewing its resources for both mentors and mentees and advertising this benefit more widely to make sure that members know there is support available to them when they apply to upgrade their membership. Mentoring is a relationship between two people where one helps the other to improve their skills and knowledge and develop professionally. Mentoring needs commitment and enthusiasm from both parties and both mentor and mentee should be willing to share experiences and learn from each other. A mentor will listen, ask questions and discuss career plans. Mentoring is not about telling the mentee what to do – it is about helping them to explore their options. The requirements to become a mentor with the EI are holding professional membership grade with the EI, and having an interest in supporting and developing others. The EI will match mentors and mentees that work in similar areas of the industry and support both parties as the relationship progresses. The EI runs mentoring workshops that provide an overview of mentoring for the EI as well as membership workshops that cover upgrading membership to a higher level. Mentoring should benefit both the mentor and the mentee, the mentees receiving focused career development, advice and guidance, and increasing their confidence. Mentors will can use mentoring for their own CPD, increase their professional status and have the satisfaction of giving back to the sector and helping others. Both parties will increase their networks and improve their communication skills. Gopal Srinivasan CEng FEI is a mentor and interviewer for the Energy Institute. He is now retired after a varied career including work with a major chemical company, a design contractor and then over 25 years as an Energy Consultant with Atkins. Gopal has always encouraged colleagues he has worked with to become Chartered Engineers. Now he has taken on his first formal mentee with the EI, a candidate working towards Chartered Engineer status. Their mentoring discussions take place over the telephone and this will continue to be the case now that the candidate is on a project assignment in Saudi Arabia. He believes that the role of a mentor is to provide reassurance to candidates about the professional review process. He tells candidates that the interviewers are not there to catch you out, they want to check that you to meet the eligibility criteria. “Good candidates are able to show they have reached a position of responsibility. They are able to discuss their area of work in the context of the technical and financial needs of their organisation and the wider sector. I’d strongly advise candidates to present their submission in a way that makes it easy for the interviewers to see that all the required competences are covered. Use three or four different examples, don’t provide your entire CV.” If you would like to find out more information about either finding or becoming a mentor please visit www.energyinst.org/mentoring.

The Energy Institute The purpose of the Energy Institute (EI) is to develop and disseminate knowledge, skills and good practice towards a safer, more secure and sustainable energy system. Offering learning and networking opportunities to support career development, the EI provides a network to all those studying or working in energy, and a scientific and technical reservoir of knowledge for the industry.

LUKOIL UPGRADES ITS MINI REFINERY IN KOGALYM

OOO LUKOIL-West Siberia, a wholly-owned OAO LUKOIL subsidiary, started upgrading its mini-refinery in Kogalym. The project provides for the construction of an isomerization unit, reconstruction of a diesel-fuel hydrotreater and construction of a gasoline-compounding unit. Work is scheduled to be completed in December of 2014, at which time the plant will start manufacturing Euro-5compliant fuels. The project cost is RUR 1.548 billion. A turnkey contract was signed with OOO LUKOIL-Nizhegorodniinefteproekt. OOO Neftegazspetsstroy, part of the Atomenergomash machine-building enterprise of the Rosatom state corporation, will conduct land use engineering, construction and startup operations. LUKOIL and Rosatom signed a strategic-partnership agreement in April of 2012. The Kogalym mini-refinery was constructed in 1997. Its current oil-processing capacity is equal to 300,000 tons per year. The refinery manufactures automobile gasoline, diesel, jet fuel and paving bitumen.

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Schlumberger Releases New High-Definition Imaging-While-Drilling Service

MicroScope HD service provides detailed logging-while-drilling images for reservoir description and completions optimization NEW ORLEANS, September 30, 2013—Schlumberger announced today the release of the MicroScope* HD high-definition imaging-while-drilling service. The MicroScope HD service provides unmatched logging-while-drilling (LWD) imaging for reservoir description to enable detailed fracture characterization and completion optimization in conductive drilling fluids for all well types, including horizontal and highly deviated wells. “In unconventional and carbonate reservoirs it is critical for geologists to fully understand the fracture networks that may challenge drilling operations and those that will contribute to production,” said Steve Kaufmann, president, Drilling & Measurements, Schlumberger. “This newly developed MicroScope HD technology provides detailed imaging of the formation to help prevent drilling risks, optimize completion design and potentially increase production.” The MicroScope HD service enables detailed formation structural modeling to identify fracture orientation that contributes to production. An understanding of how formations are deposited is further enhanced with the service through sedimentology analysis. For fracture characterization, the MicroScope HD service delivers dimensions of fractures, which provides geologists a better understanding of the fracture network. The MicroScope HD service has been field tested extensively in reservoirs in the Middle East, Europe and Africa, as well as unconventional reservoirs in North America. More than 45 job runs have been completed, confirming that high-definition images can be obtained reliably in conductive mud environments while drilling in oil and gas carbonate, sandstone and unconventional reservoirs. In the Middle East, Petroleum Development Oman (PDO) was experiencing heavy mud losses while drilling a well in an onshore carbonate reservoir. The MicroScope HD service provided high-definition images to accurately identify intervals with mud losses, which enabled PDO to isolate the challenging zones and optimize the completion design. For more information about the MicroScope HD high-definition imaging-while-drilling service, visit www.slb.com/MicroScopeHD.

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PETRONAS SIGNS LNG SHIP CONTRACT WITH HYUNDAI HEAVY INDUSTRIES

PETRONAS has awarded a contract to Hyundai Heavy Industries to build four 150,200-cubic metre Moss-type liquefied natural gas (LNG) carriers to help meet the expanding needs and requirements of PETRONASâ&#x20AC;&#x2122; global LNG business.

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GEORG SCHÜNEMANN GMBH Buntentorsdeich 1 · 28201 Bremen · Germany · Tel. +49 ( 0 ) 421-5 59 09-0

THE SAB SELF-CLEANING AUTOMATIC FILTER F480 MULTI

THE COMPACT GIANT, READY FOR THE RIG F480 is the most compact filter solution on the market for the offshore sector.Sea water and cooling water flowing in closed and open loops are securely protected against clogging, contamination, and damage. Mussels and snails have no chance to grow. Flow rates of up to 45,000 m³/h (200,000 gpm) are possible at continuous 24/7 operations with one single system. Filter fineness is available down to 100 µm. In addition to the space-saving footprint, water intake and outtake can be placed at the most convenient direction. This allows for an optimal installation with best “fit” to the on-site locations. Most compact design and robust construction Maximal flow rates of 45,000 m³/h (200,000 gpm) with ONE single system Filtration rate as low as 100 µm Materials of construction provide resistance against sea water corrosion Remote Control monitoring Highest operational reliability combined with minimizing OPEX

· Fax +49 ( 0 ) 421-5 59 09-40 · info@sab-bremen.de · www.sab-bremen.de

www.strabag-international.com

YOUR WORLDWIDE LNG EXPERT

Almost 50 years of successful records canâ&#x20AC;&#x2122;t be wrong: Since 1968 DYWIDAG has a well respected name for providing high-quality LNG engineering, consultancy and construction services to a wide range of clients. From small to big tanks, from export to import terminals, from experimental to peak shaving tanks, at various environment and soil conditions with and without piling and isolators. Today DYWIDAG LNG Technology is part of STRABAG SE, one of Europeâ&#x20AC;&#x2122;s largest construction groups, which is active worldwide and maintains permanent offices amongst others in Abu Dhabi, Doha, Seoul, Singapore, Shanghai, Perth, Dar-es-Salam, Algiers, Tripoli and Jubail. As part of STRABAG group, DYWIDAG LNG Technology can take on even the biggest and most complicated construction challenges. The group can utilize over 600 experienced engineers and scientists with a long history in civil engineering and building construction through to the construction of transportation infrastructures. This dedication, our experience and knowhow make us your LNG expert, worldwide.

STRABAG International GmbH DYWIDAG LNG Technology Mies-van-der-Rohe-Str. 6 80807 Munich/Germany Phone +49 89 360555-2310 www.strabag-international.com