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OUTER LIMITS

Denmark Claims Slice of Arctic Continental Shelf

Photo: WHOI

Denmark has claimed ownership of around 900,000 square kilometers of the continental shelf in the Arctic Ocean by filing documents to United Nations.   "The submission of our claim to the continental shelf north of Greenland is a historic and important milestone for the Kingdom of Denmark," minister of foreign affairs Martin Lidegaard said in a statement.   Denmark, along with Canada, Norway, Russia and the United States -- is eager to control as much Arctic territory as it can. The region contains 30 percent of the world's undiscovered natural gas and 15 percent of its oil, according to the U.S. Geological Survey.   The government said the project aims to define the outer limits of Denmark's continental shelf and thereby the Kingdom of Denmark. The area is as large as France and Germany put together and 20 times bigger than Denmark itself.   States are entitled to a continental shelf extending 200 nautical miles from their coast. Claims beyond that must be supported by scientific and technical data.   Against this background, experts have collected and processed data since 2002 from the area north of Greenland for the submission to the United Nations Commission on the Limits of the Continental Shelf.   Denmark acknowledges that Norway's continental shelf beyond 200 nautical miles overlaps the Danish claim. It may also overlap with claims by Canada, Russia and the United States.  


Arctic Ocean Foreign Ministers' Meeting

The Honourable Lawrence Cannon, Minister of Foreign Affairs, met with foreign ministers of the five Arctic Ocean coastal states—Canada, Denmark, Norway, Russia and the United States—in Chelsea, Quebec on March 29. “By virtue of our sovereignty, sovereign rights and jurisdiction in large parts of the Arctic Ocean, we are in a unique position to address new opportunities and challenges in the region,” said Minister Cannon


Canada Launches Surveys Prior to Arctic Shelf Claims

Icebergs: Photo Canadian Govt.

The Canadian Government informs that  David Wells, Senator for Newfoundland and Labrador witnessed the departure of the 'CCGS Terry Fox' from St. John’s, Newfoundland and Labrador, as it headed out on a six-week scientific survey to collect data needed for Canada’s Arctic continental shelf submission. It will be joined by the 'CCGS Louis S. St-Laurent', which departs from the same location tomorrow. A second survey, to collect additional data, will be conducted in 2015.


USCG Publishes Outer Continental Shelf Notice of Arrival Rule

WASHINGTON — The U.S. Coast Guard announced Thursday publication in the Federal Register of an outer continental shelf notice of arrival rule designed to enhance maritime domain awareness over outer continental shelf activities. This final rule enhances maritime security and safety by requiring U.S. and foreign vessels, floating facilities and mobile offshore drilling units arriving on and engaging in outer continental shelf activities to report their arrival time and location and


Emergency Evacuation Plan Does Not Create Legal Duties

The U.S. Court of Appeals for the Fifth Circuit has ruled that an Emergency Evacuation Plan for a mobile offshore drilling unit (MODU) does not create legal duties to third parties. U.S. Coast Guard requires the operator of MODUs located on the U.S. outer continental shelf to prepare and submit an emergency evacuation plan. Two employees on a MODU alleged that they were injured while being evacuated to shore as a hurricane approached


Arctic Taskings for the Coast Guard

DNV GL

On January 30, 2014, the White House released the Implementation Plan for the National Strategy for the Arctic Region.  The purpose of the Implementation Plan is to put flesh on the bones of the May 10, 2013 National Strategy for the Arctic Region.  The National Strategy had identified three lines of effort to address challenges posed by the changing Arctic environment.  The Implementation Plan sets forth the methodology, process, and approach for executing the Strategy


Washington State – Coastal Oil Spill Response Plans

The Washington Department of Ecology (Ecology) and U.S. Coast Guard are looking for interested parties to help update the state's oil spill response strategies tailored for the Strait of Juan de Fuca and for Washington's outer coast. The existing site-specific strategies, also known as "geographic response plans," identify sensitive natural and cultural resources. The plans also help prioritize how equipment and cleanup crews should be deployed during an oil spill response.


US Offshore Wind Survey Contract for Fugro Atlantic

Fugro Atlantic to undertake a geological and geophysical survey for the Virginia Wind Energy Area for the Commonwealth of Virginia. The survey area covers over 45,000ha in the Atlantic Outer Continental Shelf and is seen to be a key step forward in developing offshore energy supplies in the region. In awarding the contract, Commonwealth of Virginia governor Bob McDonnell said: “[This is] a positive move forward toward the development of offshore wind energy


Salazar Statement on Leasing Court Ruling

U.S. Department of the Interior Secretary Ken Salazar issued the following statement regarding the U.S. Court of Appeals for the District of Columbia Circuit ruling on DOI’s request for clarification of the Court’s earlier decision to vacate the 2007-2012 Outer Continental Shelf oil and natural gas leasing program:  “I am pleased with the Court’s decision.  Consistent with the Department’s request


Clean-up Continues in NC

Packaging foam was removed from nearly ten miles of Outer Banks coastline today as cleanup crews scoured the National Seashores at Cape Lookout and Hatteras Island, N.C. The National Park Service, Hapag-Lloyd and Moran Environmental Recovery will continue to work together to finish cleaning beaches affected by packing material that began washing ashore Wednesday.


Skangass Celebrates Topping Up

LNG terminal in Pori: NOK Skangass

 Nordic liquefied natural gas operator Skangass  has celebrated a topping out ceremony at its Pori LNG terminal. The company said it was making progress in the construction of the storage tank for Finland's first LNG import terminal at the southern port of Pori.  


USG to Sell 2 GTL Ships for $42m

North American building products company United States Gypsum Corporation (USG) announced that it has entered into agreements to sell two gypsum carrying ships.   The two ships, part of USG’s non-core shipping business, Gypsum Transportation Limited (GTL), will be sold for $42 million


Faststream Wins Chevron Recruitment Contract

Mark Charman (Photo courtesy of Faststream)

Faststream awarded two year preferred supplier agreement for permanent recruitment services by Chevron Products UK Limited   Maritime, offshore and oil and gas recruitment group Faststream has been awarded a two-year supplier agreement by Chevron Products UK Limited


Hempel CEO Jullien Plans Retirement

Pierre-Yves Jullien (Photo: Hempel)

Pierre-Yves Jullien, CEO of Hempel A/S since 2005, has decided to retire after nearly 40 years in the Group. He will step down from his role as CEO on March 31, 2016 at the latest.   Hempel’s board of directors has initiated a search for a new CEO of the group.   


Fednav Orders 12 Ballast Water Treatment Systems

Photo: Fednav

Fednav Limited, a Canadian operator of international ships in the Great Lakes-St. Lawrence Seaway system, announced an order for 12 ballast water treatment systems to equip its ships currently under construction.   According to the shipper


Technip Wins Subsea Contract on Triton FPSO

Floating Production Storage and Offloading Unit Courtesy Technip

  Technip has been awarded a brownfield subsea contract for the Triton(1) floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea. This FPSO vessel is located 193 kilometers east of Aberdeen


BOEM Seeks Comment on Chukchi Sea Exploration

Shell’s Revised Multi-Year Arctic Exploration Plan Deemed Submitted   The Bureau of Ocean Energy Management (BOEM) has deemed submitted Shell Gulf of Mexico, Inc.’s revised multi-year Exploration Plan (EP) and invites the public to review and comment on it


US Begins to Formally Review Shell's Arctic Drilling Plan

The U.S. Interior Department said on Friday it has received a plan by Royal Dutch Shell PLC to explore drilling opportunities in the Arctic.   The company's plan envisions "exploration drilling in the shallow waters of the Chukchi Sea Outer Continental Shelf


Knightsbridge, Golden Ocean Merger Completed

Image: courtesy Knightsbridge

Knightsbridge Shipping Limited has completed its previously announced merger with Golden Ocean Group Limited. In connection with the closing of the merger, Knightsbridge will change its name to Golden Ocean Group Limited. Trading in the shares of the combined company will commence on the Oslo


GasLog Acquires 2 BG Carriers

GasLog.jpg

GasLog Ltd. completed the acquisition of two LNG carriers from Methane Services Limited, a subsidiary of BG Group plc, which was previously announced on December 22, 2014. This transaction completes the third acquisition of ships from BG by GasLog in the last twelve months


Cargotec Solely owns China Crane

Logo

Cargotec and CAG Marine Holding Limited, which is in turn wholly owned by Carlyle Asia Growth Partners IV, L.P. and CAGP IV Coinvestment, L.P., now jointly own China Crane Investment Holdings Limited (China Crane), an investment company, which has owned 18


Golden Ocean and Knightsbridge Complete Merger

Image courtesy of Golden Ocean

  The merger between Knightsbridge Shipping Limited and Golden Ocean Group Limited was approved today at special meetings of both companies' shareholders.      The new company, which will be called Golden Ocean Group Limited


Front Street Unveils New Line of Sailing Yachts

Deisgn provided by Front Street Shipyard

 The US builders Front Street Shipyard’s in-house design team is collaborating with yacht designer Bill Tripp to develop a new line of modern sloops that are now available for construction.   The shipyard said the line includes 84-foot


Stolt-Nielsen Limited Contemplates New Bond Issue

  Stolt-Nielsen Limited is contemplating the issuance of new senior unsecured bonds in the Norwegian bond market with a minimum amount of NOK 700 million ($89 million). Proceeds will be used for general corporate purposes. The offering will be made to (i) Norwegian professional investors


Studies Show U.S. Offshore’s Untapped Potential

It is estimated that oil & gas development in the Eastern Gulf of Mexico could create 230,000 new jobs, spurring nearly $115 billion in private sector spending and nearly $70 billion in revenue for the government.

  While short-term news emanating from the global energy sector was universally negative in the waning months of 2014 as the price per barrel continued to plummet below $60, the inevitable truth of oil & gas is that prices will rise again






 
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