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MONTCO OFFSHORE

Coast Guard Responds to Liftboat Incident

The liftboat Juan tilts to its starboard side about 70 miles south of Gibson, La. The Coast Guard is monitoring the situation, and all personnel aboard the boat were safely evacuated. U.S. Coast Guard photograph The Coast Guard is monitoring a liftboat that is listing to one side today about 70 miles south of Gibson, La. A liftboat is a self-elevating, self-propelled boat used for various tasks such as crane operations, pipe laying and construction. The Coast Guard was notified that the liftboat Juan, owned and operated by Montco Offshore Inc. in Galliano, La., was listing to its starboard (right) side during jack-up procedures. All six crewmember were safely evacuated from the boat. Initially, the boat was listing at 10 degrees, and the boat is currently listing 45 degrees. No pollution has been reported, and personnel from Coast Guard Marine Safety Office Morgan City, La., are continuing to monitor the situation and will investigate the cause of the incident. The boat is located on the Outer Continental Shelf in Ship Shoal Block 207, and an overflight is scheduled to better assess and monitor the situation.


Bollinger to Build Another Liftboat

Success achieved by the 245-ft. class liftboat L/B Myrtle, delivered two years ago from Bollinger Shipyards, Inc., Lockport, La., to Montco Offshore, Inc., Golden Meadow, La., has led Montco to order another nearly identical vessel, L/B Kayd. Like its predecessor, the L/B Kayd will be built in Lockport and delivery is planned for September 2005. "When we took delivery of the L/B Myrtle,” said Lee Orgeron, president of Montco, “we hailed it as a giant leap forward in the evolution of liftboats


Putting the "Lift" into Liftboats

In the strictest sense, a liftboat is a self-propelled crane barge that can elevate itself above the water line. It is the cranes that make a liftboat such a valuable tool for building and/or renovating offshore oil and gas structures. A recent example of the working ability of these liftboats is the L/B Myrtle, a 137.5-ft. by 92-ft. vessel with a trio of 245-ft. legs, enabling the vessel to work in water depths of 180 ft. with a 15-ft. air gap


Offshore Wind Energy Health & Safety Summit Planned

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.


Operational Management Program for Offshore Industry

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 Complete J-lay DP3 Vessel Automation Retrofit

Saipem 7000 Crane Vessel: Photo credit Kongsberg Maritime

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


Stolt Offshore To Settle Share Guarantee

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


India’s Shipping Companies Look to Offshore Investments

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


Another AHTS for Med Offshore

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


Rig Utilization Up In GOM

Worldwide offshore rig utilization fell slightly during the week ending January 12, but ticked higher in the U.S. Gulf, according to Offshore Data Services (ODS). The number of worldwide mobile offshore drilling rigs under contract fell by one to 556 of the world's 648. Worldwide offshore rig utilization fell to 85.8 percent. The number of rigs being used in the U.S. Gulf of Mexico fell to 179 under contract out of 208, with utilization down to 86.1 percent


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


Offshore Service Vessels Design Innovation

PSV World Sapphire from Damen (Photo courtesy Damen)

It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market. Driven by demands to supply people, gear and goods to offshore installations that are increasingly further from shore in deeper waters


POSH raises $311m in Singapore IPO

Image: POSH file photo

POSH prices IPO at S$1.15 per share, near bottom of indicative range. POSH focuses on service to production, maintenance and is keen on growing offshore accommodation business. PACC Offshore Services Holdings (POSH) could raise at least S$388


POSH may raise $311 Mln in Singapore IPO

PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier, two sources with knowledge of the matter said.


BOEM gives more time to submit plans OCS

The Bureau of Ocean Energy Management (BOEM) announced today the publication of its Final Rule to extend time requirements for submitting a Site Assessment Plan (SAP) or a General Activities Plan (GAP) for renewable energy development on the Outer Continental Shelf (OCS).


Offshore Driller Noble Corp Q1 Earnings Beat Forecasts

Noble Corp., a leading offshore driller, reported first-quarter net income on Wednesday of $0.99 a share, higher than consensus forecasts, as new rigs helped lift revenues. ThomsonReuters I/B/E/S had forecast earnings of 70 cents a share or 82 cents a share excluding special items.


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


South Stream Gas Pipeline Re-route via Turkey Possible

Pipe No.1: Photo Gazprom

Turkish Energy Minister Taner Yildiz said on Wednesday that Ankara would consider the passage of the South Stream natural gas pipeline through Turkey if Russia made such a request. The future of the 2400 km (1,490 mile) line from Russia via the Black Sea to Europe, avoiding Ukraine


Topaz secures another West Africa contract

Topaz-faye DP2 platform

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win for its fast growing West Africa operation. Under the terms of the US$ 11 million agreement


GoM Drill Rig Damaged, Coast Guard Monitoring

ENSCO 8506: Photo courtesy of Keppel

The U.S. Coast Guard (USCG) is overseeing response efforts, as the offshore drilling rig ENSCO 8506 began taking sea-water into a ballast tank after being hit by a large wave in heavy seas more than 100 miles south of Galveston. The ballast tank is located in one of the rig's column ballast


Maritime Reporter @ 75: The Daily Cartoon

© New Wave Media

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners


BOEM Proposes GoM Oil and Gas Lease Sale

Photo courtesy BOEM

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau today announced that the bureau will offer more than 21 million acres offshore Texas for


DNV GL Oil & Gas to Expand in Norway

Marianne Hauso

Relocates Norwegian oil and gas HQ to Stavanger, led by Marianne Hauso; to increase staff in Western Norway by 10% in 2014 DNV GL is relocating its oil and gas head office in Norway from Høvik to Stavanger in order to be even closer to its customers, the company said


Transocean 2013 Success Story: Dividend Up 34%

Frontispiece courtesy of Transocean

In a letter to shareholders chairman, Ian C. Strachan and Steven L. Newman, president and CEO, set out a summary of offshore drilling specialist Transocean's 2013 operations, excerpted as follows: • Revenue and Backlog Full year 2013 net income attributable to controlling interest was $1


Rolls-Royce to supply machinery for 4 tugs for ALP Maritime Services

Rolls-Royce has been awarded a £19m contract to deliver deck machinery for four ocean going tugs, designed by Ulstein Design & Solutions, for Dutch company ALP Maritime Services. The vessels will be constructed in Japan by Niigata Shipbuilding & Repair.


 
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