Sign up
Log in Sign up
Tue 14 Aug 2012, 16:11 GMT

Brightoil appoints upstream VP


Appointment is next step in Brightoil's strategy to expand its upstream business.

Hong Kong-listed Brightoil Petroleum (Holdings) Limited has announced the appointment of Kenneth D. Bryant as vice president of its upstream division.

Bryant has over 25 years' experience in the industry. His appointment forms part of Brightoil's strategy to further develop its upstream business following the group's growth in the sector in recent years.

Brightoil first entered into a Production Sharing Contract (PSC) with China National Petroleum Corporation in August 2009 for joint development and production of natural gas in Xinjiang's Tarim Basin.

In January 2010, technical studies for the Overall Development Plan (ODP) for the Tuzi natural gas project were initiated and a first draft was completed by the end of December 2010. The ODP was subsequently submitted to the relevant government bodies for review and approval.

In March 2011, Brightoil announced that Win Business Petroleum Group (Grand Desert) Limited, had entered into a construction framework agreement with CNPC Chuanqing Drilling Engineering Co., Ltd. (CCDEC) for the development and construction of the Tuzi natural gas field - Brightoil's first upstream project.

Towards the end of last year, Brightoil entered into an agreement to acquire Win Business Petroleum Group Ltd., wholly owned by Dr. Sit Kwong Lam, chief executive officer of Brightoil Petroleum, who held the rights to develop and produce natural gas at the Xinjiang Tarim Basin Dina 1 Gas Field.

Following the acquisition, Brightoil now holds the rights to the exploitation, development and production of Dina 1 Gas Field in partnership with China National Petroleum Corporation (CNPC). Production at the Dina 1 Gas Field commenced in January 2012.

Brightoil is a leading marine fuel supplier in Singapore, the world's leading bunker port by volume. The company leapt to second place in the list of top suppliers in Singapore last year, up from 34th in 2010. It also has a strong presence in Rotterdam, Tanjung Pelepas, Hong Kong, as well as the Chinese ports of Shenzhen, Shanghai, Ningbo and Zhoushan.

Graphic promoting Auramarine webinar titled 'Sustainable Fueling Part 3: Ammonia - next alternative fuel in marine'. Auramarine to host webinar on ammonia as marine fuel in April  

Finnish firm will explore ammonia’s role in maritime decarbonisation at its third spring webinar.
Front cover of study by WinGD and Envision Energy titled 'Renewable Fuel Economics: An OPEX illustration based on current costs'. Green ammonia could reach cost parity with VLSFO and LNG by 2050, study finds  

WinGD and Envision Energy study projects green ammonia operational costs competitive with conventional marine fuels.
Elenger Marine's LNG bunkering vessel Optimus alongside Brittany Ferries’ Saint-Malo. Bureau Veritas verifies methane emissions on Brittany Ferries’ LNG vessels  

Verification enables ferry operator to report measured methane slip instead of regulatory default values.
Map showing existing and planned Emission Control Areas (ECAs). Alliance calls for urgent black carbon action as new Arctic emission control areas take effect  

Canadian Arctic and Norwegian Sea ECAs now in force, with compliance deadline set for March 2027.
Artistic impression of battery-electric ferry for operation on Perth’s Swan River. Lloyd’s Register to class Western Australia’s first electric ferry fleet  

Echo Marine Group partners with Lloyd’s Register on five battery-electric ferries for Perth’s Swan River.
Thomas Kazakos, secretary general of The International Chamber of Shipping (ICS). ICS condemns Middle East shipping attacks as 20,000 seafarers remain trapped  

Industry body calls for urgent state action to resupply vessels and enable crew changes.
Molslinjen ferry illustration. Molslinjen order propels Australia to top of battery vessel production rankings  

Danish ferry operator’s three-catamaran order at Incat Tasmania shifts global manufacturing landscape, analysis shows.
Petrobras logo. Petrobras doubles invoiced price of MGO and LSMGO  

Export tax by Brazil's federal government forces Petrobras to double distillate invoice values.
Bunkering of Viking Line's Viking Glory by a Gasum vessel in Turku, Finland. Gasum renews FuelEU Maritime pooling partnerships with Viking Line and Wallenius SOL  

Nordic energy company extends compliance pooling arrangements with two shipping companies operating bio-LNG vessels.
Naming ceremony for CMA CGM Carmen on 18 March 2026. CMA CGM names methanol-powered container ship CMA CGM Carmen  

French shipping line christens 15,000-teu vessel as part of its alternative fuel fleet expansion.




 Recommended