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International oilfield services company, Expro, has secured a five-year master services agreement with Repsol Sinopec Resources UK Limited, for well services across its UK North Sea assets.The contract is valued at $8 million for the first calendar year, which will be reviewed on an annual basis – including options to extend beyond the initial term.Expro’s award includes well intervention services across all of Repsol Sinopec’s UK North Sea assets for production assurance and enhancement, well integrity, subsea, reservoir and decommissioning and abandonment applications.The wireline and cased hole logging services include personnel to supervise all offshore intervention activity, including slickline and electric line conveyance, memory and real time cased hole logging (including production logging and calliper services), explosive and perforating services, downhole cameras, gauges and sampling.Expro’s UK area manager, Gary Sims, said: “Securing this significant agreement gives a major boost to our UK well intervention business, as we work hard to maintain contracts with valued, long term customers. It continues our excellent relationship with Repsol Sinopec (formerly Talisman), which goes back to the company’s arrival in the North Sea two decades ago.“The experience of our personnel, our strong safety culture and our commitment to service quality were critical in securing this contract – we look forward to further strengthening this relationship with Repsol Sinopec in the future.” read more
Yamal LNG, a joint venture LNG project in Sabetta, Russia, has shipped its thirty millionth ton of LNG since the commencement of the project.The Arc7 ice-class tanker Nikolay Yevgenov loaded the 411th cargo as the project reached 30 million tons of LNG dispatched since the start-up of Train 1 in December 2017.The 172,600 cbm ship is one of fifteen icebreaking LNG tankers built for Teekay LNG Partners under a USD 4.8 billion contract awarded in 2014.The facility is currently exceeding the design capacity of 16.5 million tons per annum. In 2019, the first full year of simultaneous operation of all three liquefaction trains, Yamal LNG produced 18.4 million tons of LNG, exceeding the plant’s design capacity by 11% or 1.9 million tons.Yamal LNG is constructing a 17.4 mtpa natural gas liquefaction plant comprised of three LNG trains of 5.5 mtpa each and one LNG train of 900 thousand tons per annum, utilizing the hydrocarbon resources of the South-Tambeyskoye field in the Russian Arctic.The first LNG Train began production in Q4 2017, Trains 2 and 3 – in July 2018 and November 2018, respectively. Yamal LNG is owned and operated by a partnership comprised of Novatek (50.1%), Total (20%), CNPC (20%), and the Silk Road Fund (9.9%). It aims to tap natural gas reserves totaling more than 4 billion barrels of oil equivalent (BOE). read more
Los Angeles County supervisors addressed community concerns regarding possible displacement of residents, public safety and environmental impact on communities affected by the expansion of the Keck School of Medicine of USC. The Los Angeles Board of Supervisors voted in favor of establishing the county’s first “Health Innovation Community Partnership” on March 14. The objective of the partnership is to engage area residents, community and civic leadership in the coordinated development of the Health Sciences Campus. “It is critical for the community impacted by the development of a Health Science District to play a role in determining its future,” said Isela Gracian, executive director of the East Los Angeles Community Corporation. “We anticipate that USC will participate along with community stakeholders and civil leaders in planning for world-class medical services and a biotech center that also lifts residents and communities to new levels of sustainability rather than push us out.”More than 40 community leaders testified in favor of the expansion plans of the USC medical facilities. These plans include possible new dorms, parking structures, an additional hospital, a hotel and biotech labs. Potential uncoordinated development could lead to the displacement of residents in the surrounding neighborhoods leading to negative impacts on housing, children, family wellness and transportation. According to the press release, stakeholders called for more job opportunities, more affordable housing and educational opportunities related to science. “World class medical and biotech development in Los Angeles should happen,” said Maria Brenes, executive director of InnerCity Struggle at the press conference, “but not at the expense of residents’ quality of life, especially low-income communities that already face multiple cultural, health and economic inequalities.” read more