Companies signed contracts for long-term operation of three vessels for the Sakhalin-2 project.
Moscow, 7 July 2014: Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) and Sovcomflot Group (Sovkomflot) have signed contracts for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms. Operations under the contract will continue for 20 years. The vessels will be used as year round personnel carrier and also as supply vessels for offshore platforms in the Sea of Okhotsk. In case of emergency, the vessels will be deployed for personnel evacuation and oil spill response.
The contracts are a continuation of the memorandum of understanding and the contract for supply of the multi-task ice-class supply vessel for Sakhalin-2 offshore platforms signed between Sovcomflot and Sakhalin Energy on the 18th of April, on the date of the Sakhalin Energy’s birthday.
On the occasion of the signing the contracts Roman Dashkov, Chief Executive Officer of Sakhalin Energy, noted: “Signing of the agreements for the supply of three multifunctional vessels for the Sakhalin-2 project is the result of the successfull long term work that lasted for more than two years. We are glad to continue our cooperation with Sovkomflot, the corporation that has consistently demonstrated its status as a reliable and competent partner. Sakhalin Energy strives to maximize Russian content in the Sakhalin-2 project. Today we have signed the contracts for the supply of icebreaking standby vessels that are designed in accordance with all Russian and international standards of safety of navigation”.
Sergey Frank, President and CEO of Sovcomflot, said: “This
agreement is a logical extension of many years of successful
cooperation between Sovcomflot and Sakhalin Energy. It follows
preparatory work which was undertaken by technical specialists from
both sides and the Russian shipbuilders. The arrival of these three
advanced vessels of their class in the Sea of Okhotsk will enhance
the safety of shipping in the area whilst minimizing the associated
environmental risks. We are grateful to our partners for the
opportunity to extend our participation in the Sakhalin-2 project,
and to continue our record of providing best-practice, safe and
reliable transportation services. SCF Group’s development strategy
places a high priority on developing our operations within harsh
climatic areas, involving projects and providing employment in the
remote offshore areas of the Russian Far Eastern region. We support
the participation of Russian shipbuilders in the project to deliver
technologically advanced ships.
Over recent years, Sovcomflot has established a successful track
record in operating an IBSV fleet. Our fleet has four vessels of
this kind, one of which is successfully working in the Sakhalin-2
project. In short, we provide our clients with safe and reliable
marine transportation in the harsh climatic conditions of the
Sakhalin shelf”.
Information for Editors:
Sakhalin Energy Investment Company Ltd. (Sakhalin
Energy) is the operator of Sakhalin-2, one of the world’s largest
integrated oil and gas projects, which has developed major
infrastructure for hydrocarbon production, transportation and
processing. The Company exports crude oil produced in the Sea of
Okhotsk and LNG produced at Russia’s first LNG plant built by
Sakhalin Energy in the south of Sakhalin. The Company’s
shareholders are Gazprom (50% + 1 share), Royal Dutch Shell (27.5%
- 1 share), Mitsui and Co. Ltd. (12.5%) and Mitsubishi Corporation
(10%).
The project’s infrastructure created by the Company includes, among
other things, three offshore ice resistant platforms, the
Trans-Sakhalin Pipeline System, which comprises 300km long offshore
pipelines, an onshore gas pipeline and an onshore oil pipeline, 800
km long each, the Onshore Processing Facility (OPF), the Oil Export
Terminal (OET), and Russia’s first and so far the only LNG plant
which accounts for over 4 percent of the world’s LNG.
The main buyers of Sakhalin Energy oil and LNG are countries of the
Asia Pacific Region. At present, oil is delivered to China, Japan,
South Korea, Indonesia, the USA, the Philippines, and Taiwan. The
main LNG buyers are power companies in Japan, South Korea and
China.
In 2013, the Company produced over 42 million bbl of oil and around
11 million tons of LNG, and shipped 60 cargoes of oil and 166
cargoes of LNG to its buyers. Produced hydrocarbons are transported
by oil tankers and LNG carriers, which either are on a long-term
charter to the Company or belong to the buyers of oil and
gas.
LNG carriers of the Grand series were built specially for the
Sakhalin-2 Project. For the first time in Russia, they are operated
by Russian companies Sovcomflot and PRISCO which are part of
international consortia.
Sovcomflot Group (SCF) is Russia’s largest
shipping company and a world leader in the maritime transportation
of hydrocarbons as well as the servicing and support of offshore
exploration and oil and gas production. SCF is the largest operator
of ice class LNG gas carriers in the world. The company’s fleet
(owned and chartered) specialises in hydrocarbon transportation
from regions with challenging icy conditions and includes 153
vessels with a combined deadweight of over 12,64 million tonnes. A
third of these vessels have a high ice class.
Sovcomflot supports large-scale offshore energy projects in Russia
and overseas, including: Sakhalin-1, Sakhalin-2, Varandey,
Prirazlomnoye, Tangguh, and Peregrino.
The company is registered in Saint-Petersburg and has
representative offices in Moscow, Novorossiysk, Murmansk,
Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, Madrid, Singapore
and Dubai.