National Oil and Gas Authority of Bahrain (Noga) has granted a contract to Netherlands-based Smit Lamnalco to provide marine services to the Bahrain LNG import terminal.
Under the contract, the Dutch company will employ four 70TBP tugs to offer escort, berthing and un-berthing services of LNG carriers to the Bahrain LNG terminal.
This terminal is owned jointly by Noga’s investment and development unit, Oil & Gas Holding Company (Nogaholding), along with a consortium of Teekay LNG Partners, Samsung C&T and Gulf Investment Corporation.
Bahraini Minister of Oil Shaikh Mohamed bin Khalifa bin Ahmed Al Khalifa, was quoted by TradeArabia News Service as saying: “This contract represents another significant milestone in the implementation of the Bahrain LNG terminal.”
“I would like to congratulate the Smit Lamnalco, Noga, nogaholding and BLNG teams on the work that they have done to put this agreement in place. I welcome the addition of Smit to the growing family of industry leaders that have a presence in Bahrain.”
The import terminal, featuring offshore and onshore facilities, is a build, own, operate, transfer (Boot) project. Following two decades of operations, the ownership of the terminal will go back to Noga.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe offshore facilities will be situated around 5km from Khalifa bin Salman port while the onshore facilities will be located at the port.
The terminal provides gas supply to the country, supplementing gas production from the Khuff reserves.
Smit Lamnalco chief executive officer Stanley Maas was quoted by the news agency as saying: “We are looking forward to working in partnership with Noga, nogaholding and its partners to deliver safe and reliable marine services that exceed expectations.”
“We would also like to thank them for demonstrating their faith in Smit Lamnalco by awarding the marine services contract to our team,” he added.
Natural gas aids in the production of power and water while gas is used for oil production.
In the fifth year, Smit Lamnalco will replace the 70TBP tugs with four new tugs for the next 15 years.