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Petromin marine and offshore Jan-Feb Issue

Japan remained the

Japan remained the world’s largest LNG importer in 2017, while China moved into second place as Chinese imports surged past South Korea’s. Total demand for LNG in China reached 38 million tonnes, a result of continued economic growth and policies to reduce local air pollution through coalto-gas switching. “We are still seeing significant demand from traditional importers in Asia and Europe, but we are also seeing LNG provide flexible, reliable and cleaner energy supply for other countries around the world,” said Maarten Wetselaar, Integrated Gas and New Energies Director at Shell. “In Asia alone, demand rose by 17 million tonnes. That’s nearly as much as Indonesia, the world’s fifth-largest LNG exporter, produced in 2017.” LNG has played an increasing role in the global energy system over the last few decades. Since 2000, the number of countries importing LNG has quadrupled and the number of countries supplying it has almost doubled. LNG trade increased from 100 million tonnes in 2000 to nearly 300 million tonnes in 2017. That’s enough gas to generate power for around 575 million homes. LNG buyers continued to sign shorter and smaller contracts. In 2017, the number of LNG spot cargoes sold reached 1,100 for the first time, equivalent to three cargoes delivered every day. This growth mostly came from new supply from Australia and the USA. The mismatch in requirements between buyers and suppliers is growing. Most suppliers still seek long-term LNG sales to secure financing. But LNG buyers increasingly want shorter, smaller and more flexible contracts so they can better compete in their own downstream power and gas markets. This mismatch needs to be resolved to enable LNG project developers to make final investment decisions that are needed to ensure there is enough future supply of this cleaner-burning fuel for the world economy. Marine Contracting Industry Launches Personal Resilience Awareness Programme Leading members of the International Marine Contractors Association (IMCA) have come together to develop the IMCA Resilience Awareness Programme tailored specifically for the men and women working in the marine contracting industry. They did this in the knowledge that one of the key attributes of a successful organisation is its ability to cope and adjust to the many challenging issues in the industry today. The capability of an organisation to do this effectively is largely dictated by the resilience of its people. Allen Leatt, IMCA CEO explains: “Shell initiated the concept as a pragmatic recognition of the potential impact of the restructuring and uncertainty which the oil and gas industry has been enduring. Their programme encompassed the broader industry, and with their full support provided the framework for the development of the IMCA programme 38 January to February 2018

making safer decisions by teaching how to keep things in perspective • ‘Change is part of life’ – exploring how to cope with change and prevent change having a negative impact on safety • ‘Looking after yourself’ – how taking care of ourselves will help us be safer by being more alert and sharper • ‘Taking decisive action’ – keeping ourselves safe by reminding us to Allen Leatt, IMCA CEO focused specifically on the marine contracting sector, in which Subsea 7 took the lead. “The programme is designed to be used by groups of employees, to help promote discussion and share thoughts enabling them to become more resilient and in doing so help keep operations safe. “The Resilience Awareness Programme is a great example of how IMCA can step in to promote and develop a project of common interest to our membership.” Six video modules and accompanying guidance notes. The programme, comprising six video modules and accompanying guidance notes for facilitators and an introduction for those embarking on the programme, explains the main concepts of resilience and proposes useful tips on how to develop and improve this capability for use at work and at home. The six 10-minute videos, which are downloadable from the IMCA website, cover: • ‘What is resilience’ – understanding ways in which to develop resilience to help to us stay safe • ‘Keeping things in perspective’ – always think things through before acting • ‘Summary and scenarios’ – recaps on previous modules with some further scenarios for discussion Filming took place onboard vessels of Subsea 7, Saipem, and Heerema Marine Contractors. The programme is sponsored by IMCA’s board member companies: Allseas, Fugro, Heerema Marine Contractors, Saipem, Subsea 7, TechnipFMC and McDermott International. The full Programme can be found at https://www.imca-int.com/publications/resilience/ January to February 2018 39

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