Marsol signs 2-yr tanker contract with OOCEP
Marsol International, a UAE-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has signed a 2-yr contract with Oman Oil Company Exploration & Production LLC (OOCEP) for the provision and management of the marine and offshore activities related to the tanker loading, via the single point mooring (SPM) offshore marine terminal including maintenance works, vessels, equipment, and manpower.
|Photo courtesy of Marsol International.
“Following the successful exportation of the first and second crude oil from the Musandam gas plant we are delighted to have been selected to support OOCEP for the next two years,” said Mike Young, Director of Marsol International. “Our tanker operations and our product transfer services ensure safe and efficient mooring and unmooring at the SPM and are a crucial element of our asset integrity management service.”
The Musandam gas plant, located on the west coast of the Musandam Peninsula, has a processing capacity of up to 20,000 bbl of crude; 45 MMcfd of gas and 75 t of LPG per day.
Since 2005, based on experience gained over 47 yr, Marsol International has provided operational engineering and management solutions to clients, consultants and EPC contractors for new offshore terminal facilities, and operational integrity management and IRM services of existing facilities to offshore terminal owners and operators.
Indonesia, home to 260 MM people on 14,000 islands across a vast archipelago, is estimated to become the seventh-largest economy in the world by 2030, with such growth expected to boost the nation’s energy consumption by 80% from present levels.<sup>1</sup>
At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
In one of the toughest markets in the history of gas compression, we are challenged to deliver more with less.
The New LNG Imperative
The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
November 29, 2017 10am CST
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