Nafs december 2016

Page 74

November - December 2016 Kalmar to supply seven RTG cranes with SmartPort automation

review

Petrobras and Total move forward with their strategic alliance Petrobras announces that it has signed a Master Agreement with the French company Total, in connection with the Strategic Alliance established

Kalmar, part of Cargotec, has won an order for seven rubber-tyred gantry (RTG) cranes following a call for tender launched by the Algerian port procurement company Groupement D’Interêt Commun Des Entreprises Portuaires (GICEP). The value of the order is approximately EUR 10 million. The order has been booked into Cargotec’s 2016 fourth quarter order intake and the equipment will be delivered to the customer during the third quarter of 2017. The Port of Oran Container Terminal (“Port of Oran”) is currently embarking on an ambitious expansion project and the Kalmar E-One² RTGs will provide the terminal with reliable performance, reduced fuel consumption, and an industry-leading maintenance interval of 1,000 hours. The delivery includes Kalmar SmartPort process automation systems: Kalmar SmartProfile, Kalmar SmartRail and Kalmar SmartFleet. Kalmar SmartProfile uses advanced laser technology to detect collision risks in a stack and automatically stops the trolley when a risk is detected. Combined with Kalmar’s electromechanical anti-sway technology the risk of collisions is minimised. Kalmar SmartRail automated gantry steering system with Container Position Indication (CPI) automatically controls the gantry within centimeter grade accuracy on the travelling path and feeds the container coordinates to the Terminal Operating System (TOS), improving the terminal’s operational efficiency. Kalmar SmartFleet remote monitoring allows the terminal to manage, troubleshoot and analyse the status, productivity and maintenance needs of the equipment. Mr SAIDI Mabrouk, General Director at GICEP says: “We have been extremely satisfied with Kalmar that is recognised for their reliable equipment and automation solutions that put an emphasis on efficiency and optimisation of equipment productivity. Therefore it was only natural that Kalmar continues to strengthen our operations and support our ambitions to expand.” Timo Alho, Vice President, Intelligent Crane Solutions at Kalmar, says: “We are happy to see our Kalmar E-One² RTGs with SmartPort to join the most recent order of 25 Kalmar forklift trucks acquired earlier this year by GICEP on behalf of the port companies. We will continue to work closely with GICEP and look forward to our solutions playing a productive part in the future success of the Port of Oran.”

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in the Memorandum of Understanding signed on 10/24/2016, as previously announced to the market. Entering into strategic partnerships is an important part of Petrobras’ 2017-2021 Business and Management Plan, as it contributes to mitigating risks, strengthening corporate governance and sharing information, experiences and technologies, in addition to improving the Company’s financial viability through cash inflows and the release of investments. Petrobras and Total have strong similarities in the upstream segment, sharing a relevant common base of E&P assets and the search for technological development in similar themes. The companies jointly participate in 19 consortiums worldwide in exploration and production in key projects such as the Libra area, which is the first production sharing contract in the Brazilian pre-salt in Santos Basin, besides exploration areas in Equatorial Margin, Espírito Santo Basin and Pelotas Basin. In addition, both companies are partners in the Brazil-Bolívia gas pipeline. With this new agreement, both companies will strongly reinforce their technological cooperation in the areas of geoscience, subsea systems and joint studies in areas of mutual interest, aiming to reduce investment risks and increase the probability of exploratory success over the next years. The companies will also become partners in the Iara and Lapa fields, in the pre-salt Santos Basin, and in two thermal plants, sharing the use of the regasification terminal infrastructure in the state of Bahia. The companies also undertake to expand their joint activities outside Brazil, with Petrobras having the option of taking a stake in the Perdido Foldbelt area in the Mexican portion of the Gulf of Mexico. The transaction has a global estimated value of US$ 2.2 billion including cash, contingent payments and the carry of investments in production development of common assets to both companies, to be paid by Total to Petrobras and its subsidiaries as appropriate. The signing of the relevant Sale and Purchase Agreements (SPA) related to the assets from this Master Agreement is subject to internal and external control and regulatory approvals, including the Brazilian Federal Accounting Court (TCU), potential preemptive rights from the current partners of Iara, plus other precedent conditions. The companies have a mutual commitment to make all the necessary efforts to sign all contracts within 60 days. The main terms and conditions of this Agreement are as follows: - the sale of a 22.5% interest to Total, in the Iara area (Sururu, Berbigão and Oeste de Atapu fields) in Block BM-S-11. Petrobras will remain the operator and will keep the largest stake in that consortium, with a 42.5% interest. -the sale of 35% interest to Total in Lapa field in Block BM-S-9, with transfer of the operation to Total. Petrobras will have a 10% interest in this concession.


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