Rystad expects no new FPSO contracts in 2020 but sees quick rebound next year

first_imgFor the remainder of 2020, Rystad does not expect to see any new FPSO contracts being awarded. Over the last 10 years, only 2016 saw a lower level of activity when not a single FPSO contract was awarded. Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad Energy believes, as exploration and production firms slash budgets and activity. Categories: Ten years later, the Lula field went on to produce 1 million bpd from nine FPSOs. BW Cidade de São Vicente is currently conducting an extended well test at Farfan in the Sergipe-Alagoas basin. Rystad Energy estimates that the total greenfield capex for Sangomar phase 1 will be around $4.2 billion. Business & Finance Similar to the previous downturn, awards are set to recover next year, with seven projects likely to be sanctioned, according to Rystad. Contract for SNE field FPSO goes to MODEC The vessel, which will be the first FPSO to operate in Senegal, will be supplied on a turnkey basis and feature topsides capable of handling 100,000 barrels per day (bpd) of oil and 130 million cubic feet per day (cfd) of gas. Modec won the only contract so far awarded in 2020 and will supply a newbuilt FPSO for Woodside’s Sangomar development in Senegal. Posted: about 1 year ago BW Offshore received a charter extension for the BW Cidade de São Vicente FPSO which will keep the vessel employed until October 9, 2020. center_img However, from 2016 activity quickly rebounded with 27 awards in the three-year period from 2017 to 2019. The first contract amendment was for Altera Infrastructure’s (previously Teekay Offshore) Petrojarl Knarr, which has been on contract with Shell since 2015. The amendment extends the charter period from March 2021 to March 2022. Under the previous agreement, Shell would pay a penalty if they terminated the contract before 2025. “This time too, we expect to see a speedy comeback in FPSO sanctioning with seven projects expected next year, including Bacalhau and Mero 3 in Brazil and Payara (Prosperity) in Guyana”, says Aleksander Erstad, energy research analyst in Rystad Energy. Now, this termination penalty has been removed in return for a new production and an oil price tariff. The day-rate is also set to fall from March 2021 as low oil prices hurt the field’s profitability. It now seems likely that Shell will shut down the field a few years down the road. Liquids production at Knarr averaged 12,000 bpd in 2019. Aside from new FPSO contracts, three charter contract amendments were disclosed in the second quarter of 2020. Bumi Armada and Shapoorji Pallonji Group also own and operate Armada Sterling II for ONGC, and a third FPSO for KG-DWN-98/2 is currently undergoing conversion work at Sembcorp’s Tuas Boulevard Yard in Singapore. In India, Bumi Armada and Shapoorji Pallonji Group received a notification from ONGC about their intention to extend the charter contract for the Armada Sterling FPSO. Posted: about 1 year ago The FPSO operates as a well testing facility and has performed tests on multiple locations in Brazil since it started working for Petrobras in 2009 as the first production unit in the massive Lula (previously Tupi) field, kickstarting the field’s production. The seven-year fixed portion of the charter contract expired on April 19 and ONGC now has six annual extension options that can be exercised. The length of the current extension is not yet disclosed as contract formalizations have stalled due to the Covid-19 lockdowns in India. last_img read more

Haitian president faces renewed pressure for Duvalier trial

first_img 7 Views   no discussions The administration is facing renewed pressure to bring former dictator Jean-Claude “Baby Doc” Duvalier to justice for human rights abuses committed under his regime.PORT-AU-PRINCE, Haiti, — The administration is facing renewed pressure to bring former dictator Jean-Claude “Baby Doc” Duvalier to justice for human rights abuses committed under his regime.Some 16 Canadian organizations under the grouping Concertation pour Haiti (CPH) have written to President Michel Martelly demanding a “just and fair” trial for the former dictator.“We are also aware that to complete a just and fair trial against Jean-Claude Duvalier and other officials under his command is a huge challenge for the Haitian judicial system,” the group wrote.“We are convinced that can be met with technical support from the international community. If the Haitian authorities send a request to this effect to the government and civil society of Canada, the Concertation pour Haiti will (put) pressure so that an adequate response would be given.”Many individuals and groups, including Amnesty International, have criticised the pace of investigations following Duvalier’s return to Haiti in January this year after 25 years in exile.CPH, in its letter to the president, asked that the government publicly state that it would not interfere in the work of the judicial authorities.It said this would “lead to the end of thorough and impartial investigations into the violations committed during Duvalier’s 1971 and 1986 rule.”“Hold a just and fair trial, would be bring justice to the thousands of victims of Duvalierism and restore confidence in a Haitian justice system strengthened. On the contrary, put an end to the process would confirm the idea that there is no justice in Haiti, even for the worst crimes,” the group said.“We recognize that moving forward is a difficult decision and that many reasons, sometimes of noble appearance, may be invoked to avoid it. But there is no possible escape, because the history has shown that for a genuine reconciliation and national agreement worthy of the name, it is necessary to go through the path of truth, justice and reparation.”The letter is signed by Amnesty International Canada (french section), Quebec Association of International Cooperation Organizations, Faith and Justice Centre, and United Church of Canada among other groups. Caribbean 360 News Tweet Sharing is caring! Sharecenter_img Share Share NewsRegional Haitian president faces renewed pressure for Duvalier trial by: – November 29, 2011last_img read more

Cauayan man hacked dead at his own birthday party

first_imgRoger was detainedand charged. He voluntarily turned himself in to the Cauayanpolice station./PN BACOLOD City – Abirthday party turned out to be the last for a man in Barangay Caliling,Cauayan, Negros Occidental. Juaquino’s olderbrother Roger, 43, was tagged suspect. The 41-year-oldJuaquino Cadongog was hacked dead at his own birthday party, police said.  center_img According to policeinvestigation, the brothers were having a drinking session at the victim’shouse when a heated argument ensued between them. This prompted Roger to hackedJuaquino on the head using an axe. It was notimmediately established what triggered the altercation. last_img read more

Return to Hancock County, Hobo 100 win result in career-best payday for Cornelius

first_imgForty-eight Stock Cars were entered Friday, from four states. Curt Lund made it a back-and-forth battle before Cornelius regained the upper hand. Jake Mas­ters challenged late but couldn’t catch the leader before the checkers flew at the end of the cau­tion-free 25-lapper. Cornelius had started fourth and passed Ned Kalis and then Lund for the lead. Thirteenth starting Matt Speckman, Lund and 14th starting Derek Green completed the top five. Cayden Carter ad­vanced 10 positions to sixth.  “We won there in May and came back with the same setup. We didn’t make any (setup) changes for the feature,” he said. “All we did was put on some not as used tires.”  Feature results – 1. Dean Cornelius; 2. Jake Masters; 3. Matt Speckman; 4. Curt Lund; 5. Derek Green; 6. Cayden Carter; 7. Kelly Shryock; 8. Ned Kalis; 9. Kyle Brown; 10. Gary Pesicka; 11. Chad Palmer; 12. Brian Blessington; 13. Dan Mackenthun; 14. Dusty Van Horn; 15. David Wick­man; 16. Elijah Zevenbergen; 17. Kevin Opheim; 18. Matt Schauer; 19. Jordan Grabouski; 20. Jeff Larson; 21. Calvin Lange; 22. Jeff Mueller; 23. Randy Brands; 24. Heath Tulp; 25. Devin Smith. A first-time Hobo 100 entrant, Cornelius ran second after starting dead last in his heat race. BRITT, Iowa (July 26) – Dean Cornelius came to Britt Friday night with the same setup that had put him in Hancock County Speedway’s victory lane in May.center_img Dean Cornelius banked a career-best $4,300 payday by winning Hancock County Speedway’s Hobo 100 main event for IMCA Sunoco Stock Cars. (Photo by Chad Meyer) Jordan Grabouski topped the $1,000 to win IMCA Modified feature, a 2020 Fast Shafts All-Star Invitational ballot qualifier. He left town with the Hobo 100 IMCA Sunoco Stock Car feature win and a career-best payday of $4,300. Other winners were Bryce Sommerfeld in the IMCA Sunoco Hobby Stocks, Jim Chisholm in the Karl Kustoms Northern SportMods and Oliver Monson in the Mach-1 Sport Compact feature. “I was faster off turn four,” Cornelius said of the duel with Masters. “I knew I’d be all right if I didn’t make a mistake and just kept doing what I was doing.”last_img read more

Aribo ruled out of Rangers’ Europa League tie

first_imgRelatedPosts Ighalo: My best moment as ‘Red Devil’ David Silva recovers from COVID-19 Joe Aribo vows to bounce back from injury Joe Aribo is likely to be unavailable once again when Rangers visit Young Boys today (Thursday).The 23-year-old sat out Saturday’s 5-0 win over Aberdeen after he sustained a head injury in last week’s Betfred Cup win against Livingston. And this game may come too soon for Aribo, who wore a protective skull cap in training on Wednesday.The 22-year-old needed 20 stitches to his head after being taken down by Livingston defender Ricki Lamie when the two sides faced off for a spot in the semi final last week.Aribo was seen bleeding profusely before he was taken off after half an hour of the match in West Lothian and missed Rangers 5-0 win over Aberdeen.At the time of the incident, Rangers manager Steven Gerrard was angry with the challenge.He said: “I don’t think Lamie has meant to do him. I don’t think he’s that type. But in my opinion, it was serious foul play.“There were a few head knocks and couple the last time we played this team as well.“Is it skirting close to dangerous play? You are the people who have to write about that and have an opinion on that. A boy has just gone off with 20 stitches in his head.“Now, I have watched Lamie long enough to know he is not that type of player. I’m not accusing him of anything out of order.“But that is serious foul play because he has led with the elbow and Joe has been caught.”Tags: Europa LeagueJoe AriboRangerslast_img read more

McBurnie signs for Swansea

first_img “I’ve known about the interest for a little while now but it all got finalised pretty quickly and the hard work starts now. “I’m thankful for everything that Bradford has done for me, but when a club like Swansea comes in for you then you can’t say no. “It’s the perfect opportunity for me and the right time to sign. Hopefully I can have a good start for the Under-21s and continue to learn and develop during my time here. “Swansea are now playing Category One games and they are the best fixtures in the country. You want to challenge yourself against the best players and I’m really looking forward to getting started.” McBurnie made his debut for Bradford against Rotherham in the FA Cup in November 2013 and the first of only two league starts followed a month later against the same club. He made a total of 20 appearances for the Bantams, 16 as a substitute, but failed to score and had two loan spells at Chester last season, scoring five goals in 14 games. Swansea have signed teenage striker Ollie McBurnie from Bradford for an undisclosed fee. McBurnie, 19, who made only four senior starts for Bradford, has put pen to paper on a three-year deal and will join the Swans’ development squad. “I’m really excited about getting started,” McBurnie told Swansea’s official website. center_img Press Associationlast_img read more

Ohio seeks revenge on Kent State

first_img Share This StoryFacebookTwitteremailPrintLinkedinRedditKent State (18-10, 8-7) vs. Ohio (14-14, 6-9)Convocation Center, Athens, Ohio; Friday, 6:30 p.m. ESTBOTTOM LINE: Kent State goes for the season sweep over Ohio after winning the previous matchup in Kent. The teams last played each other on Feb. 15, when the Golden Flashes outshot Ohio from the field 53.1 percent to 48.2 percent and hit nine more 3-pointers en route to the 87-72 victory. February 27, 2020 SUPER SENIORS: Ohio’s Jason Preston, Jordan Dartis and Sylvester Ogbonda have collectively scored 49 percent of the team’s points this season and have accounted for 54 percent of all Bobcats scoring over the last five games.FUELING THE OFFENSE: Preston has been directly responsible for 53 percent of all Ohio field goals over the last five games. Preston has 35 field goals and 32 assists in those games.STEALING VICTORIES: Ohio is 7-0 when it records 10 or more steals and 7-14 when it falls shy of that mark. Kent State is 10-0 when it tallies at least eight steals and and 8-10 this year, otherwise.STREAK STATS: Ohio has won its last four home games, scoring an average of 76.8 points while giving up 61.3.LOOSENING UP: Kent State’s offense has turned the ball over 12.8 times per game this year, but is averaging 16 turnovers over its last three games. Associated Press center_img Ohio seeks revenge on Kent State ___For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.comlast_img read more

Trojans return home after their first loss

first_imgThe USC men’s volleyball team is looking to rebound from its first loss of the season against Pepperdine as it returns home to the Galen Center after a five-game match trip.Bounce back · Senior outside hitter Tri Bourne looks to lead USC to victory as it hosts defending national champion Stanford tonight. – Daily Trojan file photo The Trojans (6-1, 6-1) were close to beginning their season 7-0 for the first time since 1991, but then-No. 11 Pepperdine managed to eke out a victory in five sets on Friday.In the losing effort, senior opposite Murphy Troy did finish with a season-best 29 kills and broke Juan Figueroa’s old kill record in the rally-scoring era in the process.“It’s cool,” Troy said. “But there are a lot of greats that came before the rally scoring era. It’s definitely cool to pass that mark, but I have to take it for what it is.”The Trojans were without senior middle blocker Austin Zahn, who sprained his ankle in practice during the week.He is expected to be available for tonight’s match against No. 4 Stanford.USC hit a season-low .292 for the match against Pepperdine, while the Waves hit .550 and .706 in the closing sets respectively.“They passed it well and they could run the attack out of the middle,” said USC coach Bill Ferguson. “It’s going to be tough if they can do that.”The Trojans have had three full days to regroup after the loss.“We’re just moving forward and continuing to improve,” Ferguson said. “We’re working on attacking, which was not as good as usual against Pepperdine.”The Cardinal (9-3, 6-3) were also victims of the disparity in the conference.They were upset at the hands of unranked UC San Diego at home on Friday in a five-set match as well.Stanford is also the defending NCAA champion.“There’s a big rivalry here, and that’s not just because of the level of play,” said senior setter Riley McKibbin. “Many of us — the Hawaiian guys especially — have known the Stanford guys since we were little.”The Cardinal rely on tough defense and precise passing and are ranked second in the conference after the Trojans in digs per set.“We have to be patient attacking them,” Ferguson said. “They’ll dig a lot of our hits.”Although the Trojans were handed their first loss of the season, they have not let it stand in the way of the methodical process they came into the season with.“We can’t do anything outside of ourselves,” McKibbin said. “The Pepperdine loss was just one mishap. We need to focus on how we usually play, because then we’ll be successful.”last_img read more

Defense holds strong, forces key turnover in victory over South Florida

first_imgComing into Saturday’s game as a 34-point underdog to Wisconsin, South Florida had to feel good about where they were, down just 20-10 with wide receiver Kennar Swanson running down the sidelines after a 52-yard pass completion. Swanson was just ten yards away from putting the Bulls within three points of the No. 19 Badgers in the fourth quarter, but in came a swarm of Wisconsin defenders.True freshman safety came Lubern Figaro flew in and hit Swanson on the 10-yard line, forcing the ball out of his hands. There to pick up the ball was UW outside linebacker Vince Biegel. The forced fumble gave the ball back to Wisconsin, who would then go on an 18-play, 90-yard drive that took 9: 33 off the clock and ended in a touchdown pass from Tanner McEvoy to Sam Arneson that put the Badgers up for good, 27-10.“I was kind of eyeing the ball up the whole time,” Biegel said. “Lubern [Figaro] hit the ball with his helmet, and I kind of simultaneously picked up the ball as it kind of hit it so it was a fortunate play by us. And it was a huge play. I think it kind of really was a huge momentum swing. [South Florida] was about to go down there and score…it was a huge play by our freshman free safety.”Forcing a big turnover when it’s needed has been a theme for the Wisconsin defense this season, and it continued against USF on Saturday as the Badgers forced two turnovers and allowed only ten points to the Bulls.Wisconsin head coach Gary Andersen admitted after the game that his team can’t always rely on a turnover to bail out the defense, but was still impressed that Figaro came up with such a big play when the defense really needed it.“Huge play by Lubern [Figaro],” Andersen said. “What an unbelievable play by a true freshman in a situation to make that play in that moment was impressive.”While the Wisconsin offense struggled in the first half, scoring only three points, the Badger defense was right there to keep them in the game, giving up only three points and 101 yards to the Bulls through the first two quarters of play.The players on the defensive side of the ball described the win as a sloppy one, including on defense, but it’s hard to argue with the results that occurred on the field. South Florida finished with only 245 yards of total offense including just 173 yards through the air and 72 on the ground. Freshman Marlon Mack, who entered Saturday’s game as the nation’s ninth-leading rusher, finished the game with only 34 yards on just 10 carries for the Bulls.USF quarterback Mike White went just 8-for-19 for 173 yards, with 52 of those yards coming on the pass completion to Swanson that ended in the fumble.An area of concern for the Badgers on defense, which was showcased on Saturday as well, is the susceptibility to the big play. Saturday, South Florida had five plays of over 20 yards, four of which came through the air.But senior linebacker Marcus Trotter sees those situations as a time for the defense to step up and take the ball away. While they have surrendered the big plays this season, UW is still the only team in the nation who has not allowed a red zone touchdown so far this season.“That’s what you need to do as a defense. If it’s not going your way you have to find a way to get the ball back and what better way than a takeaway. So we’re getting better at that and the coaches are really focusing on that,” Trotter said.Wisconsin’s other turnover on defense came in the first quarter with the game tied at three. Linebacker Derek Landisch picked off a pass that was dropped by South Florida’s Mike McFarland, and returned it 19 yards to the USF 36 yard-line. Landisch, who finished the day with three tackles, also had the only sack of the game for the Badger defense. Both tackles for loss from the UW defense on Saturday were also courtesy of Landisch, who is without a doubt having his best season as a Badger, and Andersen recognizes the senior’s strong leadership on the defense.“His presence is felt on the field, his presence is felt in the locker room more every single day and every single week,” Andersen said of Landisch. “You can see it on Tuesday just as well as you can see it on Saturday. He’s a huge part of that defense.”Most players on the defense recognize that they have a lot of things to work on as Big Ten play arrives next weekend against Northwestern. However, the defense can certainly build upon the fact that they have given up an average of 10 points per game over their last three contests, and rank in the top 25 when it comes to most major defensive categories, including scoring defense, and total yards per game.It’s a defense that, barring the big play, appears to be ready for the gauntlet that is the Big Ten season, and one that can keep a slow-starting offense in the game.“I think we built some momentum and we kind of have an identity on defense,” Landisch said. “We want to make big plays, we want to create turnovers and we want to carry that into Big Ten play.”“Had a few good warm-up games, had a good LSU game, but now it’s time to really roll,” defensive end Konrad Zagzebski said. “It’s really time to hone in, get serious, and run the Big Ten as we like to say.”last_img read more

A May 9 football story – When we finally lay the wreath

first_img27th June, 2015.That was the day I decided to finally make the independent decision to go to the Accra Sports Stadium to watch a match.I am a bit claustrophobic so meeting a lot of people at the entrance was a lot to handle but my brother’s enthusiasm was encouraging. So I stayed till the end of the match which ended in a 2-2 draw. As I was going home, so many questions run through my mind. Was it right for the security official to assault the fan because he had warned him not to cross into the dressing room? If the crowd were larger than this, how would that particular security official handle the crowd?  This occurrence reminded me of something. I was only four years old when I watched the May 9 disaster on television.2001 it was, 15 years ago at a match between Hearts and Kotoko. These two teams are the biggest and most sought after rival teams in Ghana.Some fans, after their 2-1 defeat threw plastic seats and bottles unto the pitch. The security at that point also decided to use tear gas to control the crowd which eventually resulted in compressive asphyxia and the death of about 127 people but this was not without a stampede.  My brother will, however not pass the chance for an experience of a lifetime, so he dragged me along onto the field after the match, in his spirited attempt to introduce himself to his hero, Stephen Appiah. The footballers had left the field so it was free for anyone to enter.  I was taking pictures directly at the entrance of the dressing room when I was pushed by an overwhelming number of people. I thought it was a stampede but when I looked back, I found out that there was a security official who had taken out his belt to whip those who had made their way into the dressing room. When the fans complained, he shouted back at them and said : “I told you not to come near this place.” The journalist in me would have taken a video of the incident but unfortunately, my battery was too low for that.  Immediately, I embarked on a search for my brother, after which we left the  place before any bad thing could happen.  Across the world, many similar terrible disasters have occurred.* The Heysel Stadium disaster dating as far back as the 29th of May, 1985 (which was  during the Eurpean Cup final )where Juventus beat Liverpool by 1 goal. According to the statistics, 39 people died with 600 people (most being Juventus fans)sustaining injuries after the rioting. * Port Said Stadium disaster in 2012 -79 casualties.  * In 2001, the Oppenheimer stadium disaster which took place in South Africa and claimed 42 lives. The match involved Kaizer Chiefs and Orlando Pirates. Fans of the latter are believed to have been responsible for the riot because they felt cheated by the referee who upheld a goal by a player from the Chiefs. A similar incident involving these same teams occurred at the Ellis Park Stadium,South Africa in 2001. The 43 deaths recorded were as a result of stampede and firing of tear gas by untrained security personnel. All these events were results of uncontrolled tempers and lack of tolerance for others.  Surprising enough, we were able to manoeuvre our way towards the field with little problems, even in the face of the thickest security presence I have seen in my life. Frankly I felt the place was tad overprotected for the occasion, but thanks to the crafty manoeuvres of Kofi, we had gotten unto the field unnoticed. There were several law suits against the security officials who were involved in the tear gas spree but none of which could console the families of the 127 people who were lost in the worst stadium disaster in Africa.   Some fans of the former captain of the Black Stars, Stephen Appiah, were quite disappointed when they did not get the chance to interact with the veteran footballer and the other stars during his testimonial match.Personally, I was dying for a photograph with my all time favourite, Samuel Eto’o, but he left even before the match ended. I was happy to hear after the recent  Hearts and Kotoko match which resulted in a 1-0 win for Kotoko came to a successful and peaceful end even after the Hearts of Oak goalkeeper, Soulama Abdoulaye, scored an own goal.Previously, this may have resulted in chaos but fortunately it did not. I was happy to see very colourful pictures of the match on social media. “Simply beautiful”, I thought.So what has changed? Is it that people are not as enthusiastic about these two teams any longer? Definitely not! I still know a lot of die-hard supporters for either of these two teams. I think Ghanaians have grown into a more tolerable and peaceful people over the years. It seems to me that we have taken lessons from the May 9 disaster seriously. 2016 and the other years ahead promise to be packed with events not withstanding the impending elections (in Ghana).In as much as we are at liberty to show our unflinching support for a particular group, let us do so in a peaceful manner even if the outcome is not what we expect it to be. Our security agencies must also make it a point to learn how to effectively control crowd while minimising the number of casualties.  Whenever we lay a wreath for anyone who died in the May 9 disaster, let’s make it a point live in peace and show tolerance to each other despite our conflicting views. — Football is a beautiful game and in as much as we all have different club and national interests, we should not try to adulterate its beauty with our vindictive attitude when we do not get what we want. The game is supposed to bring us together and not tear us apart.So let us learn to coexist with each other peacefully in which ever part of the world we find ourselves so that all these disasters would never happen again.— The series continues. Naa Adzoa can be reached on naabd61@yahoo.com or her blog adzeleydeluxy.wordpress.comlast_img read more