Shuttle tankers operator Knutsen NYK Offshore Tankers (KNOT) has been awarded a contract to build two LNG-fueled shuttle tankers for Italy’s oil and gas company Eni.
KNOW said last Friday that the two new 124,000 DWT LNG-fueled shuttle tankers would be built by Daewoo Shipbuilding & Marine Engineering shipyard in South Korea with delivery in mid-2022. The vessels will operate in North Sea under time-charter contract for a maximum period of ten years.
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.
President and CEO of KNOT, Trygve Seglem , said: “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.”
In a separate statement on Monday, Vår Energi confirmed it had secures access to two new LNG-powered shuttle tankers for crude oil shuttling in the North Sea and the Barents Sea.
Vår Energi said the new vessels would represent considerable reduction in CO2 emissions. Each vessel will be able to reduce CO2 emissions by 40 percent compared to conventional oil-fuelled shuttle tankers.
Vår Energi already uses a LNG-powered offshore supply vessel for the Goliat operations in the Barents Sea.
Offshore Energy Today Staff
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