Eni Charters KNOT Shuttle Tanker Pair

OE Staff
Monday, February 10, 2020

Italian oil firm Eni has signed an agreement with tanker operator Knutsen NYK Offshore Tankers (KNOT) to charter two newbuild shuttle tankers.

Shuttle tankers are used to offload oil from offshore platforms

South Korea's Daewoo Shipbuilding & Marine Engineering will build the two 124,000 DWT shuttle tankers, with a delivery date scheduled for mid-2022. The two shuttle tankers will be fuelled by LNG. 

Once delivered, the vessels will operate in the North Sea under a time-charter contract for a maximum 10 years period.

 "These vessels will be able to reduce emissions of CO2 equivalents significantly compared to conventional oil-fueled shuttle tankers, through using LNG as the primary fuel and further utilized the energy recovered from volatile organic compounds. There will also be installed a battery package to save energy during DP operation," KNOT Offshore Partners said. 

Trygve Seglem, President and CEO of KNOT: "We are pleased to announce that KNOT and ENI extend their partnership in the North Sea with two new LNG shuttle tankers. ENI, through their ownership in Vår Energi has many interests in North Sea gas and oil fields and is thus one of the major players in the area. This contract is the third and fourth long-term time-charter shuttle-tanker contracts between ENI and KNOT Group. We are pleased that ENI has recognized KNOT capabilities and expertise in the shuttle tanker operation with the awarding of [these] new contracts”

Categories: Vessels North Sea Europe Oil Asia

Related Stories

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Russia Targets 2028 for Sakhalin-3 Gas Project Start Up

Seatrium Secures ABS Backing for Deepwater FPSO Design

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

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

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

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

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Current News

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

ABL Secures Rig Moving Assignment with India's ONGC

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Eni-Petronas Gas Joint Venture Up for Launch in 2026

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