New standby vessel for Sakhalin II project named after Fyodor Ushakov

RELEASE

Sakhalin Energy Investment Company Ltd.

Department of corporate relations

+7 4242 66-20-00

ask@sakhalinenergy.ru

The naming ceremony for Fyodor Ushakov, a new multi-purpose ice-breaking standby vessel, took place yesterday. The vessel is built for the Sakhalin II project under a long-term agreement between Sakhalin Energy and Sovcomflot.

Fyodor Ushakov multi-purpose ice-breaking standby vessel
Fyodor Ushakov multi-purpose ice-breaking standby vessel

Fyodor Ushakov multi-purpose ice-breaking standby vessel

Attending the naming ceremony were Igor Tonkovidov, Deputy General Director – Chief Engineer of Sovcomflot and Paul Eykhout, Offshore Asset Manager at Sakhalin Energy.

Also in attendance were representatives of Admiral Ushakov Maritime State University. The new vessel's godmother is Tatyana Timchenko, PhD in Economics, Associate Professor of the Organization of Transportation and Transport Management Department, Head of the Customs Law Department.

The vessel is named after Admiral Fyodor Ushakov (1745–1817), a legendary Russian naval commander, who did not suffer a single defeat throughout his whole military career and played one of the key roles in developing the Russian fleet on the Black Sea.

The vessel was constructed at the Arctech Helsinki Shipyard. The Russian Maritime Register of Shipping was providing technical supervision during the construction of the vessel, just like in the case of other vessels built for the Sakhalin II project.

It is the third in a series of four multi-purpose ice-breaking supply and standby vessels constructed under the long-term agreement between the companies. Two of these vessels are already operational within the Sakhalin II project: Gennady Nevelskoy supply vessel (since the spring of 2017), and Stepan Makarov standby vessel (since the summer of 2017).

As of today, the vessels of this series are among the best in their class and are designed for operations in severe ice conditions of the Sea of Okhotsk. The vessels' design and equipment help ensure safety for the Sakhalin II personnel deployed at three offshore production platforms, and respond immediately to emergency situations throughout the year.

Fyodor Ushakov is registered under the Russian flag, with St. Petersburg as the home port. The vessel's crew consists of 28 Russian sailors.

At present, Sovcomflot operates ten vessels as part of the Sakhalin II project: three oil tankers, two LNG carriers, and five supply and standby vessels.

Background

Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) is the operator of Sakhalin II, one of the world's largest integrated oil and gas projects with extensive oil and gas infrastructure for hydrocarbon production, transportation and processing. The company markets oil extracted from the deposits located in the Sea of Okhotsk and LNG produced at Russia's first LNG plant built by Sakhalin Energy in the southern part of Sakhalin Island.

The project's infrastructure includes three offshore ice-resistant platforms, the Trans-Sakhalin pipeline system encompassing 300 kilometers of offshore pipelines, an onshore gas pipeline and an onshore oil pipeline (each 800 kilometers long), an onshore processing facility, an oil export terminal, and Russia's first (and so far the only) LNG plant accounting for over 4 per cent of the global LNG output.

The main buyers of the oil and LNG produced by Sakhalin Energy are Asia-Pacific countries. At present, the company exports oil to China, Japan, South Korea, Indonesia, the United States, the Philippines, and Taiwan. The main LNG buyers are Japanese, South Korean and Chinese energy companies.

The company's shareholders are Gazprom (50 per cent plus one share), Royal Dutch Shell (27.5 per cent minus one share), Mitsui and Co. (12.5 per cent), and Mitsubishi Corporation (10 per cent).

 

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