ABDON CALLAIS OFFSHORE
While ten letters in all, “moratorium” might as well be the foulest four-letter word in the Gulf of Mexico oil patch right now. On May 27, the Obama Administration ordered a halt to drilling in water depths more than 500 feet, effectively cancelling 33 drilling projects and reversing a tide of industry optimism in the region. Bill Foret, president of Golden Meadow, La.-based Abdon Callais Offshore LLC, said the company could have placed 50 OSVs to work on April 19 — a day before BP’s Deepwater Horizon explosion, which killed 11 crew members and set off a gusher of crude 5,000 feet below the Gulf’s surface for more than 80 days. “The OSV market was showing signs of improving,” Foret said. “And OSVs of all sizes were in high demand.” Kurt Crosby, CEO of Crosby Tugs Inc., based in Golden Meadow, La., agreed. “Things were looking good before this incident,” Crosby said. “Obama had approved drilling in the Eastern Gulf, off the East Coast and Alaska. Things were looking really positive. Now, it’s just uneasy and unsure. We don’t know what will happen next.” More than 100 days after the explosion, BP has capped the well and hopes to kill it for good. However, what many industry watchers call an overarching political stunt by the Obama Administration threatens an entire industry
Offshore Wind Health and Safety Summit 2012 to consider how to ensure workers safety in this hazardous industry. The European offshore wind industry is growing exponentially. In the first half of 2012 alone offshore wind power was up 50% on the previous year; 523.2 MW compared to 348.1 MW. EWEA predict that 2012 will be the best ever year for the industry. Along with this installed capacity, 13 offshore wind farms were in construction in the first half of this year.
Aberdeen-based Veripos, suppliers of high-precision GNSS positioning services for offshore applications, is to provide dedicated positioning support for a number of Platform Supply vessels (PSVs) operated by Rem Offshore, the specialist Norwegian company which maintains a global fleet of ships. Under the new agreement, which extends present contract arrangements between the two companies, Veripos will provide the PSVs with a combination of its proprietary Standard and Standard2 GNSS data
ABS Nautical Systems LLC has released a new version of its advanced ABS SafeNet operational and management system software, developed to meet the needs of the offshore industry. The new system has been released as ABS SafeNet Offshore. ABS SafeNet Offshore is equally applicable to mobile and fixed units, to ship shaped drilling and production units, to spars, TLPs, semisubmersibles and platforms. "This is a very flexible program," says Jack Kitchura, president of ABS Nautical Systems
Kongsberg Maritime has completed the installation and commissioning of an integrated bridge and automation solution during a large-scale retrofit of the Saipem 7000, an advanced Semi-submersible crane and pipelaying (J-lay) DP3 vessel. The Saipem 7000 retrofit was a ‘Full Picture’ project for Kongsberg Maritime, which featured replacement of several key systems including Automation, Thruster control, Dynamic Positioning, Ballast control and Integrated Bridge System
ABS has been selected to class the first newbuild jackups for Petrobras in 25 years. The Brazilian energy giant has ordered two LeTourneau Technologies Inc. (LTI) Super S116E design jackups. The sister units, to be named Petrobras 59 and Petrobras 60, will be built at São Roque do Paraguaçu, Bahia, Brazil, by Consórcio Rio Paraguaçu. This consortium is composed by three major Brazilian contractors, Oderbrecht, Queiroz Galvão and UTC
Stolt Offshore S.A. announced that, as expected, Vinci, the owner of the 6.1 million Stolt Offshore Common shares issued as partial compensation in the ETPM acquisition in December 1999, has advised Stolt Offshore of its intention to sell all of its Stolt Offshore shares as permitted by the ETPM acquisition agreement. Stolt Offshore has in turn advised Vinci that Stolt Offshore will organize this sale. As advised in our November 26th 2001 press
With the boom in the oil and gas exploration sector, fueled by the recent awarding of new blocks under NELP VI, Indian shipping companies are tanking up to sharpen their focus on the offshore segment. Only last month, Oil and Natural Gas Corporation (ONGC) came out with a tender for chartering of around 26 offshore supply vessels, with mobilization requirement up to the third week of November. Shipping companies such as Great Eastern Shipping
Rolls-Royce has won a $11.3 million order to provide design, integrated power and propulsion systems and equipment for an offshore service vessel for Norwegian ship owner Island Offshore. The offshore service vessel will be built at VARD shipyard in Brevik, Norway and is due for delivery in January 2016. In March this year Island Offshore placed an order for two Rolls-Royce designed vessels, due for delivery in 2015 from the same shipyard.
Med Offshore ordered an AHTS 6615 of the Damen Offshore series. This is the second time Med Offshore orders an anchor handling tug supply vessel from Damen, following the AHTS 6114, Med Otto, which was elivered to Med Offshore in September 2006. Med Offshore, the Italian shipping company owned by the Garolla Family, operates a fleet of supply boats and anchor handlers while the holding company Sarda Bunkers operates a fleet of tankers for the transportation of bunkers and oil products
Saegull Maritime has announced the launch of two new computer-based training (CBT) modules, focusing on deck safety for specific types of offshore vessels that will be as useful for seasoned crew as well as newcomers. The video training program covers deck safety for supply vessels
In 2014, Pronomar equipped Van Oord’s offshore cable laying vessel Nexus with three drying cabinets, each responsible for the drying of eight sets of workwear. Nexus, a 126-meter Damen Offshore Carrier (DOC) 8500 cable laying vessel was delivered to Van Oord in December and is
Triangle Marine Services and Marine Core & Charter host keel laying ceremony for two Aluminum Fast Offshore Support Vessels UAE-based shipbuilder Triangle Marine Services has laid the keels of two new 45-meter Aluminum Fast Offshore Support Vessels
Van Oord has signed a two year contract with Falck Safety Services for the provision of safety training. Van Oord, a contractor for dredging, marine engineering and offshore energy projects, including oil, gas and wind, said it has invested in a trainee program for its employees for many
The Shipping Corporation of India’s (SCI) Worldwide Agents Meet 2015 was this year held in the Auditorium of it's Maritime Training Institute at Powai. The meet was attended by about 102 delegates from various agency houses representing Far East, Indian Subcontinent
On 24 February 2015, ‘Blue Queen’ a platform supply vessel of the PX121 design, was delivered to Blue Ship Invest from Ulstein Verft. This vessel is the first of two for which Norway-based Golden Energy offshore is awarded the ship management contract.
USCG Commandant, Master Chief Petty Officer of the Coast Guard testify before the House Subcommittee on Coast Guard and Maritime Transportation U.S. Coast Guard Commandant Adm. Paul Zukunft and Master Chief Petty Officer of the Coast Guard Steven Cantrell testified Wednesday on the Coast
Qatar Navigation (Milaha) Q.S.C. increased fourth quarter net profit 32.8 percent, the company announced today in its 2014 financial results. It will pay a 55% cash dividend for 2014, a value of 5.5 Qatari Rials ($1.51) per share. The company said it increased its net profit 10% in 2014
Transocean Ltd shares are expected to move about 8 percent in either direction following its earnings results on Wednesday, options data showed, but positioning among traders suggests some worry. This would be the biggest post-earnings move for the shares in at least eight quarters.
Platform supply vessel (PSV) Blue Queen, of Ulstein’s PX121 design, was delivered to Blue Ship Invest from Ulstein Verft on February 24, 2015. This vessel is the first of two for which Norway-based Golden Energy offshore is awarded the ship management contract.
SEACOR Holdings Inc.informed that Oivind Lorentzen their Chief Executive Officer has stepped down as Chief Executive Officer, but will continue as a director and non-executive Vice Chairman of the Board of Directors. Charles Fabrikant, Executive Chairman
Malaysia’s MISC Bhd and parent Petroliam Nasional Bhd (Petronas) have agreed to build new liquefied natural gas (LNG) carriers worth US$1.1 billion and charter them to another unit owned by the national oil and gas company for up to 20 years.
MMA Offshore, the company born from the merger of Mermaid Marine Australia and Jaya Holdings in June 2014, posted a net profit of $37.7 million for the half year that ended on December 31, 2014. This represents a 55.8% increase over the same half-year in 2013 for what was formerly Mermaid Marine
ISS GMT offers guidance to marine and offshore workers on Philippines’ International Passenger Service Charge ISS GMT Manila has issued clarification in respect of a change to the procedure for the collection of the International Passenger Service Charge which was introduced
National Ocean Industries Association (NOIA) President Randall Luthi issued a statement in response to the Obama Administration’s proposed Arctic Regulations on offshore oil and gas production, stating the U.S. must take steps to become a leader in Arctic Energy.