PNG LNG; Image courtesy of Oil SearchAustralian oil and gas company Santos has signed a binding letter of intent to acquire a 14.3 percent interest in Petroleum Retention Licence 3 (PRL 3), containing the P’nyang natural gas field in Papua New Guinea.The PRL 3 participants propose to undertake the development of the P’nyang field in coordination with the participants in the PNG LNG project to leverage the advantages of existing infrastructure.Santos said on Thursday that the existing PRL 3 participants agreed to sell a 14.3 percent interest (pre-government back-in) for $187 million in total.Approximately $120 million will be payable following the execution of a fully-termed sale and purchase agreement, expected around the end of June 2019.The rest will be made in contingent installments subject to the award of a production development license to replace PRL 3 and an FID for the construction of an additional LNG train at the PNG LNG plant site for the liquefaction of gas from the P’nyang field.According to the company, the execution of a sale and purchase agreement remains subject to an agreement between the parties on entry into FEED for PNG LNG plant expansion.The P’nyang field has a certified gross 2C contingent resource of approximately 4.4 trillion cubic feet (tcf) of natural gas.Santos managing director and CEO Kevin Gallagher said: “The arrangements we announce today mark an important step towards the proposed expansion at the PNG LNG plant via a 2.7 mtpa third LNG train fed by existing project resources and P’nyang.”Santos currently has a 13.5 percent interest in the PNG LNG project which has the capacity to produce more than eight million tonnes of LNG per annum.Following the execution of the new transaction, ExxonMobil as the operator will hold 36.86 percent in PRL 3 license, while its partners Oil Search and Merlin Petroleum will own 36.86 percent and 11.96 percent respectively with Santos becoming a 14.32 percent stakeholder.
Malaysian vessel operator EA Technique has lost a case against the compatriot engineering and construction firm Malaysia Marine Heavy Engineering (MMHE) and has been ordered to pay over $21.7 million.Illustration only: The North Malay Basin project location / Image by HessThe dispute stemmed from the two companies’ 2015 deal related to the EA Technique’s contract with Hess for the supply of an FSO vessel for its North Malay Basin project.In February 2015, EA Technique entered into an engineering, procurement, construction installation and commissioning contract with Hess to deliver a floating storage and offloading facility for deployment in the North Malay Basin, located approximately 150 km North East off the shore of Kota Bharu in the state of Kelantan.EA Technique then signed a deal with MMHE for where MMHE committed to carrying out the demolition, refurbishment, and conversion of a donor vessel into the FSO facility.As per the previous statements by EA Technique and MMHE disputes arose relating to invoices for additional work orders related to the FSO contract leading to the two companies laying claims against each other.While MMHE claimed it had not been paid for additional work carried out, EA Technique claimed it had overpaid for the original contract.MMHE on Wednesday said that on 27 May 2019, the Adjudicator allowed MMHE’s claim in the sum of $21,6 million “including goods and services tax of 6% to be paid [ by EA Technique] by 28 June 2019 with interest of 1.5% per month from 5 October 2018 until full and final settlement.”“EATech is also directed to pay all costs of the adjudication including MMHE’s cost. Further, EATech’s cross-claim and set off for the sum of USD87,200.00 was allowed whereas the remaining cross-claims were dismissed,” MMHE said.In a separate statement, EA Technique said: “The adjudication decision is not expected to have any potential business or operational impact on the company. At this juncture, the Adjudication Sum to be paid by the Company to MMHE has sufficiently been provided for in the Company’s accounts. The Company is in the midst of reviewing the Adjudication Decision to determine whether there are clear and unequivocal errors in the Adjudication Decision.”Offshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options. read more
Singapore-based Swire Shipping and Lodestar, the logistics and shipping division of Oji Fibre Solutions, have teamed up on a joint breakbulk shipping service between New Zealand and North Asia. The new service would offer a monthly frequency carrying pulp, timber and forest product related cargo from New Zealand’s ports of Napier and Tauranga to Asia ports of Incheon, Qingdao, Lianyungang, Onsan, Tomakomai and Kaohsiung.A total of three Saiki class 38,000 dwt bulk vessels would be deployed in the service, namely MV Glorious Saiki, MV Furness Portland, and MV Furness Southern Cross.The service remains subject to regulatory approval, according to Swire Shipping, the liner shipping division of The China Navigation Company.“Our partnership with Lodestar reinforces our focus on delivering quality and sustainable shipping services for our customers. The service will be the foundation for future innovative solutions, to service New Zealand import and export cargoes,” Chris Blake, General Manager, Projects, Swire Shipping said.“It also underpins our commitment to growing the shipping industry in New Zealand through strategic tie-ups with like-minded partners, offering bigger ships, as well as providing a comprehensive range of shipping solutions that our customers want and need.” read more
London-listed oil company Bahamas Petroleum Company (BPC) expects to drill its initial exploration well in The Bahamas in April 2020.BPC said in its said in an update on Thursday that the well, named Perseverance #1, would be drilled in April and that the results were expected to follow in the second quarter of 2020.The Perseverance #1 well location is finalized for the northern segment of the B structure and would be targeting P50 recoverable prospective resources of 0.77 billion barrels of oil, with an upside of 1.44 billion barrels, solely for this northern structural closure portion of the B structureThe B structure extends for between 70 and 80 kilometers, has a mapped areal closure over 400 sq. km and has an aggregate most likely recoverable resource potential in excess of 2.0 billion barrels.The well will be located in water approximately 518 meters deep, with a target depth of 4,822 meters, but with a capability to be able to reach 5,600 meters, thereby affording the ability to evaluate multiple reservoir horizons throughout the entire stratigraphic column below the Tertiary cover. The ultimate decision on well depth will depend on real-time drilling results and geological information.Simon Potter, CEO of BPC, said: “Perseverance #1 has the potential to open a world-class, new frontier basin offshore Bahamas, less than 200 miles from the world’s largest hydrocarbon market and infrastructure.“In our view this makes Perseverance one of the premier prospects that could be drilled globally this year with the potential to not only fundamentally alter the status of BPC in the market, but to also transform the revenue-generating capacity of the Bahamian economy.”Over the past months, the company has been working to finalize the process of rig selection and contracting with Seadrill, and to advance contracting for other services including the master services agreement with Halliburton for integrated downhole services and various other equipment required for the drilling campaign.According to BPC, physical inspection of the proposed rig is scheduled to occur shortly, while it is in port for class certification. Subsequently, the company expects to be in a position to finalize and enter into the definitive contract for the rig in the coming weeks.In parallel, the company placed long-lead orders for casing and drill bits and will shortly be finalizing contracts for the provision of supply vessels, and helicopter services to the rig following an extensive tendering process. BPC expects to complete its contracting for a further range of other necessary services and equipment suppliers over the coming weeks.To remind, BPC entered into a subscription agreement in relation to a conditional convertible loan note investment of £10.25 million ($13.36M).Recognizing the extent of the well program and the consequent time taken to finalize a number of key contracts, the company and the parties to the conditional convertible loan note subscription agreement have agreed to extend the date for satisfaction or waiver of all conditions precedent to March 9, with all other terms and conditions unchanged. read more
Tekmar Group companies Subsea Innovation and Tekmar Energy have secured contracts in India.The award will see the two companies supply subsea technologies for a major deep-water oilfield development project in the Bay of Bengal.Specifically, Subsea Innovation will provide pipe-in-pipe water stop seals, while Tekmar Energy is supplying subsea umbilical vertebrae bend restrictors (VBR) and bespoke protection pods.Few days earlier, Tekmar informed it had secured a third order for VBRs, with an undisclosed client, making it a total of 1,945 VBR elements delivered the client in the past 12 months.The VBR’s are designed to limit the bend radius of subsea umbilical’s, flowlines and cables by mechanical means during installation and service life.
He told a conference that the rise of derogatory attitudes towards stay-at-home mothers had helped make it socially unacceptable in some circles to argue that children benefit from “full-time” parenting. Dr Sigman, a fellow of the Society of Biology and associate fellow of the British Psychological Society, has argued in the past that evidence about the long-term effects of sending very young children to full-time day care is being ignored because of a political and economic agenda. Addressing a conference organised by the Mothers At Home Matter group, he said that evidence from biosciences showed that mothers provided “unrivalled benefits” to young children that other people, including fathers, cannot.http://www.telegraph.co.uk/health/children_shealth/10391131/The-rise-of-Motherism-prejudice-against-stay-at-home-mums.html The Telegraph 21 October 2013Stay-at-home mothers are increasingly facing a damaging but unspoken prejudice that assumes they are stupid, lazy and unattractive, a leading child development expert has warned.Dr Aric Sigman, a biologist and psychologist, said that what he called “motherism” should be tackled as much as other prejudices such as racism. read more
Radio NZ 18 September 2016Family First Comment: And so it begins #slipperyslope A terminally ill 17-year-old has become the first minor to be helped to die in Belgium since age restrictions on euthanasia requests there were removed two years ago.The head of the country’ federal euthanasia commission said the teenager was “suffering unbearable physical pain”.Euthanasia commission head Wim Distelmans said the teenager was nearly 18.“Fortunately there are very few children who are considered [for euthanasia] but that does not mean we should refuse them the right to a dignified death,” he told the Het Nieuwsblad newspaper.The case had been reported to his committee by a local doctor last week, Mr Distelmans told Reuters.Belgium is the only country that allows minors of any age to choose euthanasia.They must have rational decision-making capacity and be in the final stages of a terminal illness.Their parents must also give consent.The Netherlands also allows euthanasia for minors, but they must be aged over 12 years old.Belgium lifted its age restrictions in 2014. The law passed by parliament said the child would have to be terminally ill, face “unbearable physical suffering” and make repeated requests to die before euthanasia is considered.Many people, including church leaders and some paediatricians, questioned whether children would be able to make such a difficult choice.READ MORE: http://www.radionz.co.nz/news/world/313583/belgium-teen-first-minor-to-be-granted-euthanasia read more
LifeSiteNews 25 November 2016Family First Comment: This is very cool – and is another ‘nail in the coffin’ of the pro-abortion movement. #ChooseLife #NotABlobOfTissueA team of Dutch embryologists has produced an unprecedented three-dimensional atlas demonstrating how the unborn child develops in the first eight weeks of life.“Everyone thinks we already know this, but I believe we know more about the moon than about our own development,” Bernadette de Bakker, of the University of Amsterdam, who co-led the project with Professor Antoon Moorman told the Guardian.Textbooks illustrations of fetal development still often rely on decades-old observations, or inferences made from studies of mice or chicken embryos, noted de Bakker.It took the University of Amsterdam team over 45,000 hours to meticulously map the development of the unborn child, during which time embryologists supervised more than 75 students who analyzed over 15,000 tissue screens from the US-based Carnegie Collection of Embryos.That collection, begun in 1913, has a number of human embryos dating from some 60 to 100 years ago, which were collected during procedures such as hysterectomies, reported the Guardian.The results of the project are “14 interactive three-dimensional models of human embryology and a database encompassing 34 embryos spanning the first 2 months of human development,” according to a synopsis in Science Magazine.The embryo atlas will allow scientists to research, among other things, the development of congenital “malformations…which have an incidence of 3% in the human population and cause up to one-quarter of all neonatal deaths,” it noted.The 3D Atlas of Human Embryology can be viewed here.READ MORE: https://www.lifesitenews.com/news/3d-interactive-embryo-atlas-gives-never-before-seen-detail-of-unborn-babyDetailed human embryo development revealed in three-dimensional ‘atlas’Stuff co.nz 29 November 2016A new three-dimensional “atlas” of human embryonic development shows the early stages of growth in stunning detail.A team of researchers from the Academic Medical Centre in the Netherlands created interactive modelling software to study the early stages of human development from conception to two months.The digital model and the resulting atlas offers embryologists and researchers a searchable glimpse into the first eight weeks of development in the human womb.University of Otago department of anatomy lecturer and stem cell researcher Dr Tim Hore said the medical establishment was only just beginning to understand human development, for the simple reason human embryos were rarely available for scientific study and available collections were difficult to access.Hore studies the first two weeks of human development, about which little is known. Science was constantly interrogating previous findings and many textbooks struggled to keep pace with developments, he said.From a teaching perspective, computer modelling was welcome as many of the foundations of embryology were based on a small number of old collections.“This is really helpful. People like us who teach development, we’re constantly having to update all of our stuff to keep pace with these new developments and refinements and how we understand human development. There are a lot of areas of science where text books are not keeping pace.“It’s a very exciting time for embryologists.“My research interests are even earlier in development than those discussed in this paper and although we know quite a lot from IVF clinics about what happens immediately after fertilisation, there is a big black hole of understanding regarding the events beyond this.“Moreover, we are only just beginning to benefit from the power of computational modelling when it comes to these early events in human development, and this study is a powerful example of the gains that can be made.”READ MORE: http://www.stuff.co.nz/science/86974307/detailed-human-embryo-development-revealed-in-threedimensional-atlasKeep up with family issues in NZ. Receive our weekly emails direct to your Inbox. read more
Talk Africa: Africa in 2018 3 year old AJ is South Africa’s youngest DJ Meet the 2 year old DJ from South Africa Related A two year old in South Africa has taken the internet by storm. The toddler who is known by his alias DJ AJ, is already a disc jokey at such a tender age. His choice of music, mainly house music, has won him more than 25,000 followers on Facebook and celebrity status is already calling.
The family of a teacher imprisoned over charges of partaking in protests loyal to former president Mohamed Morsi has said that he remains in prison, despite the fact that he was granted a presidential amnesty in late September. The Mo3taqaleen website has said that the family of Mohamed Talaat Shemeis, a senior math teacher from Mansoura, Daqahlia, confirmed that the 65-year-old was not released, though he was granted amnesty along with 100 other detainees days before the holy Islamic Eid al-Adha feast.The family added that Shemeis now suffers from skin cancer, due to poor sanitation in prison, and demanded a health release for “unjustified intransigence” by his wardens.Occasional prison deaths have been reported since the 2011 uprising. In early June, a report by the National Council for Human Rights blamed authorities for the mounting number of prison deaths due to torture and poor incarceration conditions. read more