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Offshore Oil

Coast Guard Announces Interim Rule

The U.S. Coast Guard has published an interim rule that adjusts limits of liability for vessels and deepwater ports under the Oil Pollution Act of 1990. The interim rule, effective July 31, 2009, increases the current OPA 90 limits of liability for vessels and deepwater ports to reflect significant increases in the Consumer Price Index since the limits were amended by the Delaware River Protection Act of 2006. The rule also increases the current OPA 90 limit of liability for the Louisiana Offshore Oil Port to reflect Consumer Price Index increases since the Louisiana Offshore Oil Port limit was established by regulation in 1995.  


Barbados Offshore Oil Bidding to Start Soon

The first round in offshore oil and gas production contract bidding for Barbados is scheduled to start in late June, according to a report on www.nationnews.com. The prospect of rich oil and gas reserves off the island nation have generated high interest among the world’s oil majors, and the government plans to profit first with the sale of seismic data, and second with the awarding of contract for exploration rights.


Cuba Offers 59 Offshore Oil Blocks In Joint Venture

The Cuban government is reportedly offering 59 offshore oil blocks for joint venture projects with foreign companies as part of its bid to develop the local hydrocarbon industry and remedy national fuel shortages.


Russia to Pursue offshore Oil and Gas

According to UPI, Russia's first offshore oil and gas platform, LUN-A, is in operation in the sea of Okhotsk on the Sakhalin Shelf. The platform will be used to drill 27 wells and the produced gas will be transported over a 497-mile pipeline to a liquefied natural gas plant being built in the settlement of Prigorodnoye south of Sakhalin, ITAR-TASS news agency reported. The installation of the LUN-A platform is part of the Sakhalin-2 project run by the Sakhalin Energy international company


China Shipbuilders Ready to Foray into Offshore Engineering

Jiangsu Rongsheng Heavy Industries Group Co Ltd began building CNOOC 201, a deepwater pipe laying and lifting vessel for China National Offshore Oil Corporation in Rugao Port of Nantong City in Jiangsu Province on September 16th 2008. CNOOC Engineering plans to input CNY 15 billion(USD2bn) in construction of a series of deepwater equipment including deep sea drilling vessels, ready to focus on deepwater prospecting, since most of the country's newly discovered oilfields are deep undersea.


Bourbon Orders MacGregor Subsea Crane

MacGregor crane detail on the MPSV Bourbon Evolution 802, multi-purpose supply vessel of the Bourbon Evolution 800 series in Singapore

MacGregor, part of Cargotec, has won an order for a 150-ton active heave-compensated (AHC) subsea crane from leading offshore oil and gas marine services specialist, Bourbon. This builds on a contract that was secured at the end of 2007 from the operator for ten similar cranes. This crane will be delivered in August 2014 and is, as per nine of the previous orders, for a Bourbon Evolution 800 multi-purpose support vessel under construction at Zhejiang Shipyard, in China.


In Katrina’s Wake, Oil Surges Past $70

Hurricane Katrina swept ashore yesterday as a Category 4 hurricane, and has left untold destruction to the Gulf states of Louisian, Mississippi and Alabama. Another effect of the storm could be felt for months to come, as crude oil futures briefly touched above $70 per barrel for the first time, and natural gas futures jumped nearly 20 percent. According to an AP report, the Bush administration is considering releasing some oil from the nation's emergency petroleum stockpile to help


Devon Sells Panyu Field to China

Devon Energy Corporation, a U.S.-based oil and gas exploration, development and production company, sold its producing Panyu field located offshore China to China National Offshore Oil Corporation. China National Offshore is a state-owned oil and gas producer in China. In April, Devon Energy said it had agreed to sell its producing Panyu field located offshore China to China National Offshore for $515m. During 2009, Devon's production from the Panyu field was approximately 12 thousand barrels


Kvaerner, COOEC Complete Demo Platform Module

Kvaerner and COOEC have jointly invested in engineering and fabricating of a demonstration module to document the partners' combined capabilities for delivering new offshore oil and gas platforms. After the start of the engineering and procurement in January 2011, the fabrication of the module was completed and presented to business partners at the COOEC fabrication yard in Qingdao in China on 25 August 2011. The two international oil and gas contractors


Europe Deliberates Avoidance of a Second 'Deepwater Horizon'

A provisional deal on proposed legislation for the safety of offshore oil and gas operations has been struck by MEPs and Council negotiators. Before oil and gas firms can get a licence to drill, the directive would require them to submit major hazard reports and emergency response plans and prove their ability to remedy any environmental damage caused. "Europe learned its lessons from the Deepwater Horizon catastrophe and wants to reduce the risks of offshore oil and gas drilling to a


Bollinger Promotes Remont to VP

Chris Remont, Vice President and General Manager, Lockport New Construction division (BLN).

Bollinger Shipyards President and CEO Ben Bordelon announced today another key internal promotion designed to enhance the strategic value of the Company.   “I am pleased to announce the promotion of Chris Remont to Vice President and General Manager of our Lockport New Construction


CORIMA Orders a Damen ASD Tug 2810

Image: Damen

CORIMA, part of the Italian Gesmar Group, has ordered a Damen ASD Tug 2810.   The Damen ASD Tug 2810, which has a 60 metric tons bollard pull, will be deployed in the port of Ancona. With the official signing ceremony taking place on January 12


‘Landmark Year’ for RS in 2014

For Russian Maritime Register of Shipping (RS), 2014 marked the 101st year of its activities. The classification society said 2014 also marked a landmark year, as the construction of the world's first Arctic LNG carrier began to RS class. The new 300-meter-long ship carrying liquefied natural gas


NOIA: Draft Offshore Lease Program Both Hits and Misses

National Ocean Industries Association (NOIA) President Randall Luthi issued a statement on the 2017-2022 Draft Proposed OCS Oil and Gas Leasing Program, stating the U.S. Department of the Interior’s draft offshore oil and gas leasing program adds Atlantic opportunities, but misses others.


Royal IHC acquires SAS Offshore

  Royal IHC has acquired SAS Offshore, which is based in Alphen aan den Rijn, The Netherlands. SAS Offshore is specialised in designing and manufacturing high quality deck equipment for the offshore oil and gas market. This acquisition enables IHC to further secure its position as a supplier


World's Largest Crane Ship Arrives in Rotterdam

Pieter Schelte Heerema, one of the largest ships in the world with a length of more than three football fields, arrives at the port of Rotterdam for the last works before it is operational.     Pieter Schelte Heerema, one of the largest ships in the world


Triyards Bags Liftboat Orders

  TRIYARDS Holdings Limited an offshore vessel fabrication and engineering solutions provider to the oil, gas (O&G) and marine industry, started the year on a promising note, armed with US$75.4 million in new liftboat orders. The latest liftboat contracts not only add to its orderbook


SPMTs Transport Heavy LNG Load in China

Roll-on of the 5,000 t module on SCHEUERLE SPMTs. The precise axle compensation of the vehicles ensured a safe loading process. (Photo courtesy of SCHEUERLE)

5,200t LNG module transported on SCHEUERLE self-propelled modular transporters (SPMT) in China   It was the heaviest load ever transported in China on SPMTs: the first of a total of eight liquid natural gas (LNG) production modules was moved by SCHEUERLE SPMTs from Zhejiang Lida


BP, Anadarko Fail to Win Review of Gulf Spill Fines

  BP Plc and Anadarko Petroleum Corp narrowly failed to persuade a U.S appeals court to reconsider its 2014 ruling that they could face civil fines under federal pollution laws over the 2010 Gulf of Mexico oil spill. By a 7-6 vote, the 5th U.S


Supertankers Buying Spree to Beat Oil Glut

Oil Tanker: Vitol

 Some of the world’s largest oil traders are reportedly hiring supertankers in a possible attempt to stockpile oil supplies following the plunge in world prices.   Trading firms including Vitol, Trafigura and energy major Shell have all booked crude tankers for up to 12 months


Ezra to Supply Turret Mooring System for Libra Field

Ezra wins $110 million engineering and fabrication contract from Jurong Shipyard for deepwater project in Brazil; engineering, procurement and construction (EPC) contract scope includes supply of an external, bow mounted, cantilever turret mooring system with swivel stack  


Major Oil Rig Contract for Harland and Wolff

Image: Harland and Wolff

In a multi-million pound boost to the Northern Ireland economy, Belfast ship builder Harland and Wolff has secured a contract to carry out major work on an oil rig.  Dolphin Drilling Limited has awarded H&W the contract for the drydocking and Renewal/Special Periodic Survey of its Byford


Van Oord Chooses Marlink VSAT Services

Marlink VSAT for Van Oord fleet. (Photo: Marlink)

Marlink has been selected to provide Very Small Aperture Terminal (VSAT) services for the fleet of the international dredging and offshore contractor Van Oord. The contract is expected to include 30 vessels being supported by Marlink’s customized VSAT services by the end of 2015.  


Obama’s Address Missed Energy Opportunities -NOIA

President Barack Obama delivers the State of the Union address in Washington, D.C., January 20 (Official White House Photo by Pete Souza)

NOIA President Randall Luthi issued a statement in response to President Obama’s 2015 State of the Union Address, stating that the President missed a few key points regarding domestic onshore and offshore energy production and supply, and its impact on the U.S. economy.  


World's Largest Ship Sparks Outrage

Pieter Schelte (Pic: Allseas Group)

 Jewish groups in the Netherlands and Britain have reacted with rage and despair at the arrival in Rotterdam of the world's biggest ship, the Pieter Schelte, named after a Dutch officer in the Waffen-SS.  The Pieter Schelte, which is so big it can lift oil rigs out of the water






 
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