Sontracts News

KOTUG International B.V.won a contract for ENI Congo to deliver critical marine services for the Congo LNG project. This project, situated offshore the Republic of Congo, includes the Tango FLNG and the Excalibur Floating Storage Unit (FSU), with a second FLNG currently under construction.Under the terms of the contract, KOTUG will deploy three Rotortugs to support a range of operations, including mooring and unmooring of vessels, handling mooring equipment, providing stand-by services, transporting pilots, and offering antipollution, oilfield goods, and passenger transport services.

Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry the country’s oil due to U.S. sanctions, according to company documents seen by Reuters.The United States has blacklisted vessel owners, shipping operators and threatened to sanction any tanker facilitating the country’s oil exports as it tightens restrictions on trade with the South American country.Washington has been trying to weaken socialist President Nicolas Maduro by choking the OPEC member’s oil exports, depriving the government of petrodollars — its main source of revenue.Most shipping firms are avoiding Venezuela because of the sanctions…