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.

Most Popular

BP submits lowest bid in Pakistan LNG tender

A unit of UK-based energy giant BP has submitted the lowest bid in a tender to supply Pakistan with one spot LNG shipment this week.

Cedar FLNG launched in South Korea

South Korea’s Samsung Heavy Industries has launched Cedar LNG's floating LNG production unit, which will be installed in Kitimat on Canada’s West Coast.

Malaysia’s Petronas Gas, Integrax ink pact for new LNG import terminal

Malaysia's Petronas Gas, a unit of Petronas, has signed a binding deal with compatriot Integrax, a part of TNB Power Generation, to jointly develop the country's first FSRU-based LNG import terminal in Lumut, Perak.

More News Like This

Brunei LNG seals another SPA with Thailand’s PTT

LNG producer Brunei LNG has signed another sales and purchase agreement with a unit of Thailand's PTT.

Vitol extends Brunei LNG supply deal

Geneva-based energy trader Vitol has extended its LNG sale and purchase agreement with Brunei Energy Services & Trading (BEST) under which it buys LNG for its Asian operations.

Nigeria LNG appoints new chief executive

LNG producer Nigeria LNG, a joint venture of NNPC, Shell, TotalEnergies, and Eni, has appointed Adeleye Falade as its new managing director and chief executive officer.

McDermott, MISC win Brunei contracts from Petronas

Houston-based McDermott and Malaysia's MISC have secured separate contracts from a unit of Petronas for a gas project offshore Brunei, which will send gas supplies to the Brunei LNG plant.