BW Offshore Recycling FSO Belokamenka

Shailaja A. Lakshmi
Monday, December 10, 2018

The provider of floating production services to the oil and gas industry BW Offshore has signed an agreement to dispose of the FSO Belokamenka for recycling in compliance with the Hong Kong Convention.

The Oslo-listed company said in a press release that the FSO Belokamenka  is an Ultra Large Crude Carrier (ULCC) of 360,700 deadweight-ton capacity built in Japan in 1980.

The vessel is 340.5 meters long, 65 meters wide and has a depth of 31.5 meters. It is flagged and registered in Panama and classed by DNVGL, and has been in lay-up off Indonesia since completing a contract as a crude oil terminal off Murmansk, Russia, in late 2015.  

The vessel is sold for a cash consideration of approximately USD 20 million.

To date the recycling yard has not been chosen. The buyer of the vessel will ensure that the chosen yard is certified to ISO 14001 and OSHMS 18001 standards, the Hong Kong Convention and the IMO 2012 guidelines. The buyer will further ensure that the recycling yard provides a statement of completion of the recycling in accordance with the Hong Kong Convention.

A recycling plan will be prepared and provided by the yard to ensure strict compliance with the above regulations. The company will nominate a representative to be on site at the recycling yard to monitor progress, compliance and that the recycling plan is being applied.

Categories: Ship Repair & Conversion Ship Sales Environmental Vessels FSO Ship Recycling

Related Stories

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Woodside Finds South Korean Partners to Advance LNG Value Chain

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Yinson Production, “K” LINE Target Europe's CCS with FSIU and LCO2 Solutions

BW Opal FPSO Vessel set for Work off Australia

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com