BP and Reliance Authorize Second Stage of KG D6 Gas Fields Project

first_imgBP and Reliance have sanctioned the ‘Satellite cluster’ project in Block KG D6. The companies are moving forward to develop the Block’s discovered deep-water gas fields in an integrated series of projects, bringing new gas production for India.The ‘Satellite cluster’ is the second of three projects in the Block KG D6 integrated development.The first of the projects, development of the ‘R-Series’ deep-water gas fields, was sanctioned in June 2017.Together the three projects should develop a total of about 3 trillion cubic feet of discovered gas resources with a total investment of c. INR 40,000 crore (US$6 billion). They are expected to bring a total c. 30-35 million cubic meters (1 billion cubic feet) of gas a day new domestic gas production onstream, phased over 2020-2022.Mukesh Ambani, chairman and managing director of Reliance, said: “In consonance with our announcements last year to raise domestic gas production, we are delighted to announce the on-schedule progress of the Satellite cluster in the east coast of India. This development supports the country’s imminent need of increasing domestic gas supply and is a firm step towards making India a gas-based economy.”“This latest investment is a further demonstration of BP’s commitment to India. Through our partnership, Reliance and BP are able to develop these discovered gas resources efficiently and economically, working closely with the Government of India. These new developments will produce much needed energy for India’s thriving economy.” Bob Dudley, group chief executive.Integrated field development of deep-water gas fieldsThe Satellites cluster is a dry gas development and comprises four discoveries with five well subsea development in approximately 1700 meters water depth, up to ~15 kilometers east and southeast of the producing D1D3 fields in KG D6.The first of the KG D6 projects to be sanctioned, the R-series project, is already in execution phase with all major contracts awarded. The Satellites cluster project will draw on execution synergies with the R-series project being developed concurrently.India today consumes over 5 billion cubic feet a day of natural gas and aspires to double gas consumption by 2022. Gas production from the integrated development is expected to help reduce India’s import dependence and amount to over 10% of the country’s projected gas demand in 2022.last_img read more

Gazprom completes pipeline system for TurkStream project

first_imgThe entire pipeline system for Gazprom’s TurkStream project in the Black Sea has been completed following successful connections between TurkStream offshore section and landfalls.LorelayTurkStream is a project for a gas pipeline stretching across the Black Sea from Russia to Turkey and further to Turkey’s border with neighboring countries.The final weld that connects the offshore and the nearshore sections of TurkStream was completed, marking the finalization of the entire pipeline system in the Black Sea.The procedure, known technically as “Above Water Tie-In,” involved retrieving the nearshore pipeline and offshore pipeline from the seabed, lifting them above water and welding them together.The total weight that had to be lifted for the operation was approximately 409 tons. After a thorough inspection of the weld, the pipe was carefully lowered to the seabed at a depth of 32 meters. This operation was carried out on both lines in Russian waters in January and February this year, and near the Turkish coast in March.The pipelaying in deep waters was carried out by Pioneering Spirit, the world’s biggest construction vessel, while the shallow-water pipelaying was conducted by Lorelay.With the completion of the Above Water Tie-In Procedure, a physical connection between the landfall facility near the Russian city of Anapa and the Receiving Terminal near Kiyikoy in Turkish Thrace is realized.Russkaya Compressor Station, which will provide the necessary pressure for the gas to traverse through the Black Sea, and the Anapa landfall facility of the TurkStream pipeline system are already complete and on stand-by.With the completion of the Receiving Terminal in Kiyikoy later this year, TurkStream will be ready to start operations. Natural gas flow through TurkStream is planned to start by the end of 2019.The first line of the gas pipeline is intended for the Turkish consumers, while the second line is designated for the Southern and South-Eastern Europe. Each line will have the throughput capacity of 15.75 billion cubic meters of gas per year. South Stream Transport B.V. has been carrying out project activities with regard to the offshore gas pipeline.last_img read more

NHL commissioner Gary Bettman tells CNN’s Anderson Cooper: ‘We’re exploring all options’ for return

first_imgWith the COVID-19 pandemic still holding a firm grasp on the United States and Canada, when the league might resume is still an unknown entity. Players were allowed to return to their homes outside of their respective NHL cities, with many returning to Europe or across the continent. The NHL also extended its self-quarantine period for players to April 15; it was originally mandated through March 27.Stanley Cup playoffs: Best storylines if NHL restarts and goes straight to postseasonOver the course of the last week, rumors have swirled that the NHL has been looking at neutral sites, including Grand Forks, North Dakota, Manchester, New Hampshire, and Saskatoon, Sask., to finish the regular season and play the 2020 Stanley Cup playoffs. This comes after Bettman told NBC Sports Network’s Mike Tirico on April 7, the NHL could come back over the summer now that the Olympics have been postponed to 2021. On CNN, Bettman added that the NHL is preparing to come back when the timing is right and cannot “rule out any conceivable alternative,” including playing games without fans.Regardless of the format, if the NHL were to come back at some point in June, July or August, he stated that players will need “two or three weeks to get back into playing shape” as they have not been able to skate since the league shut down. During this break, players have only been able to work out at home and have not been able to skate, unless they were rehabbing an injury. “As much as we may worry about everybody — not just our players or the NHL family — but everybody safe from the coronavirus, we also want to make sure our players don’t jeopardize their health by coming back too soon and not being in game shape,” he said. MORE: Kings’ Drew Doughty — ‘Honestly, I don’t see how the season is going to return’One way or another, hockey will return at some point and Bettman stressed that he, and his fellow commissioners around North America, understand the importance of sports returning — at the right time.”It’s something that, for the psyche of the American and, in my case, the Canadian public is very important,” he told Cooper. “Sports can be part of bringing people together, can be part of healing, but we all agreed that until it’s the right time, there are other more pressing issues than when we come back.” Thirty-two days ago NHL commissioner Gary Bettman released a statement announcing the 2019-20 season would be paused. Monday afternoon, he spoke with CNN’s Anderson Cooper regarding the return of the sport.”We’re on pause as we have been since March 12,” he said. “We’re exploring all options, but when we’ll have an opportunity to return depends on things that we have absolutely no control over because it all starts with everybody’s health and wellbeing. Until there’s a sense that people can get together, not just in our arenas but for our players to get together to work out, we don’t know when we can come back but it’s something we’re monitoring on a daily basis.”last_img read more