SPHI Marine secures Brunei LNG contract

SPHI Marine has won a 10-year contract to support operations at the Brunei liquefied natural gas export terminal in Lumut.

Brunei’s SPHI Marine and the LNG terminal operator signed the deal on Monday, according to a joint statement.

The contract includes a five-year extension option.

Under the deal, SPHI will supply three terminal tugboats and one anchor handling tug to support Brunei LNG’s shipping operations.

The Bruneian-owned and flagged vessels, also backed by a local bank, will replace Kotug’s Rotortugs currently servicing the LNG plant.

Kotug said in a separate statement it will support SPHI’s contract as part of a technical partnership deal signed between the duo.

The vessels will be technically managed by Kotug for the first period of the contract.

Based on a transition plan, the Dutch company will hand the management over to SPHI during the second part of the contract.

The SPHI Marine project team will manage the construction of the vessels and deliver them to Brunei LNG by 2022.

The 6.7 mtpa Brunei plant is one of the world’s oldest LNG export facilities. It marked its 50th anniversary last year.

The plant owners include the government of Brunei with a 50% stake, and Shell and Mitsubishi with a 25% share, each.

- Advertisements -

Most Popular

Commissioning of India’s Chhara LNG terminal delayed

India’s Hindustan Petroleum, a unit of state-owned ONGC, has reportedly delayed the commissioning of its Chhara LNG import terminal...

MOL’s LNG carrier fleet to grow to 104 vessels by March 2025

Japan's shipping giant MOL expects its huge fleet of liquefied natural gas (LNG) carriers to increase to 104 vessels...

Venture Global: Plaquemines LNG to start production in mid-2024

US LNG exporter Venture Global LNG expects to start LNG production at its Plaquemines LNG export plant in Louisiana...

More News Like This

Bangladesh eyes Brunei LNG supplies

Bangladesh has signed a memorandum of understanding with Brunei regarding supplies of liquefied natural gas (LNG) and other petroleum...

Brunei Gas Carriers sells old LNG tanker

Brunei Gas Carriers said it has sold its longest-serving A-Class liquefied natural gas (LNG) carrier, Abadi. "On June 20, 2022,...

Brunei LNG appoints first female MD

Brunei LNG said it has appointed Farida Dato Talib as managing director and chief executive starting October 1. With this...