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

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

Technip Energies Gets FEED Job for Inpex’ Abadi LNG Project in Indonesia

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

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

BP Expands Oil and Gas Scope in Azerbaijan with New Projects and Exploration Rights

Azeri SOCAR Plans New Agreements with Oil and Gas Majors

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

ABS Greenlights SHI’s Multi-Purpose Deepwater LNG Floating Unit

Current News

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

DOF Secures Moorings Hook-Up Job in Asia Pacific

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Floating Offshore Wind Test Center Planned for Japan

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

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

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

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