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PHILLIPS PETROLEUM

PGS Awarded Two Seismic Contracts

Petroleum Geo-Services ASA (PGS) was recently awarded a seismic contract in deepwater Gulf of Mexico. PGS will utilize its proprietary 3-D marine seismic vertical cable technology for the contract awarded by Phillips Petroleum Company in deepwater Gulf of Mexico in the Garden Banks area. The contract will involve one month of high-density data acquisition.


Breivik Acting Exec VP - StatoilHydro

Mr. Breivik will succeed Hilde Merete Aasheim who will leave StatoilHydro on the same date to take up her new position as executive vice president of Aluminium Metal in Norsk Hydro. Gunnar Breivik is currently senior vice president of StatoilHydro's health, safety and environment cluster. Mr. Breivik will continue to hold the responsibility for this field as well. After completing his chemical engineering studies as a chartered engineer at the of Science and Technology (NTNU) in 1981, Mr


Keppel’s Yard Delivers Rig to ENSCO

Keppel’s yard in Brownsville, Texas, AMFELS Inc. has delivered on time and on budget, a KFELS MOD V “B” class ultra premium jack-up drilling unit to a subsidiary of ENSCO International Incorporated. ENSCO 105 is the second MOD V “B” new generation deep-well drilling rig that has been completed. The total cost of construction and outfitting for the ENSCO 105 was in excess of US$100 million (S$175m), of which work performed by AMFELS formed a major portion.


Global Drilling Expected To Bounce Back In 2000

World drilling activity for oil and gas fell 24 percent in 1999 from 1998, but levels should bounce back in 2000, IHS Energy Group said. "In 2000, I expect levels to reach at least those of 1998," said Ian Cross, Asia director for IHS, who produced an IHS report on world drilling activity in 1999. "Some areas in 2000 will be slow to catch up. I think the Far East will be one of them. There is less money going into this region," he said.


ConocoPhillips Merger Completed

ConocoPhillips has completed the merger of Conoco Inc. and Phillips Petroleum Company, following clearance by the U.S. Federal Trade Commission earlier today. Shareholders of both companies and all U.S. and foreign regulatory authorities cleared the merger earlier this year. ConocoPhillips is the third-largest integrated U.S. energy company. On a global basis, it is the sixth-largest publicly held energy company based on hydrocarbon reserves and production


Northrop Grumman Delivers Second Double-Hulled Tanker

Northrop Grumman Corporation's Ship Systems sector delivered the tanker Polar Resolution in a brief ceremony at its Avondale Operations in New Orleans, La. Polar Resolution is the second of five 140,000 deadweight (DWT) Endeavour-class double-hulled crude oil carriers Northrop Grumman Ship Systems is building for Polar Tankers, Inc., a wholly owned subsidiary of Phillips Petroleum Company. "The delivery of this second double-hulled tanker underscores our commitment to compete in profitable


Mullen Promises Review of Antipiracy Ops

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The U.S. military has initiated a review to look "broadly and widely and deeply" at the overall strategy on piracy off the coast of Somalia, the chairman of the Joint Chiefs of Staff said April 14. Navy Adm. Mike Mullen, speaking on ABC's "Good Morning America," complimented those who carried out the mission that freed Merchant Marine Capt. Kevin Phillips. Somali pirates had held Phillips hostage since his ship, the Maersk-Alabama, was attacked April 8.


Valdez Oil Tanker Tax Ruled Unconstitutional

According to a June 15 report on ktuu.com, the U.S. Supreme Court has struck down a tax the city of Valdez has been collecting from oil tankers. A Conoco Phillips subsidiary, Polar Tankers, fought the tax and the high court ruled the tax unconstitutional. It argued that under a provision known as the "tonnage clause," Valdez must first get permission from Congress for the tax – something it did not do.


Captain Phillips to Publicly thank USS Bainbridge

For the first time since his dramatic rescue at sea, Captain Richard Phillips of the Maersk Alabama will publicly thank the commanding officer and crew of the USS Bainbridge during a ceremony in Norfolk, Virginia on November 19. The ceremony will take place on the fantail of guided missile cruiser at 2 p.m. The USS Bainbridge will be moored on the downtown Norfolk waterfront. The Maersk container ship was captured by rogue pirates off the coast of Somalia on April 8


Darwin LNG Launches Sell Tender

Australia's Darwin liquefied natural gas (LNG) export plant, operated by Conoco Phillips, has launched a tender to sell one cargo loading April 6-7, according to traders familiar with the matter. The 3.5-million-tonne-per-annum facility has asked sellers to arrange their own shipping requirements, although it is willing to consider delivering the cargo to buyers. Bids are due March 3. Reporting by Oleg Vukmanovic


Uber-Style Cargo Moving App Catching on at Congested LA Ports

Photo courtesy of the Port of Los Angeles

Los Angeles area ports are using a Uber-style app called Cargomatic to help clear congestion from recent slowdowns, the Wall Street Journal reported yesterday.    After labor strife created what may be delays of up to two months, container terminals on the Pacific coast have no choice


Ships Queues Creep into Lagos ports

Lagos Port Complex (port of Lagos) by Nigerian Ports Authority

 19 ships laden with petrol and other commodities are discharging at the Lagos ports, says Nigerian Ports Authority (NPA) in its daily publication `Shipping Position’.   Three of the ships were laden with petrol, while the others had diesel, steel products, containers, bulk salt


NASSCO starts Work on 3rd ECO Tanker

Courtesy of American Petroleum Tankers

  General Dynamics NASSCO signaled the start of construction of a third "ECO" tanker to be built for American Petroleum Tankers at a steel cutting ceremony at NASSCO's San Diego-based shipyard. As part of a five-tanker contract


USCG to Trial Unmanned Aircraft Systems

The U.S. Coast Guard (USCG) will evaluate unmanned aircraft system (UAS) capabilities, benefits, risks and technical limitations of operating UAS from land and/or off a Coast Guard Cutter in a maritime environment.   The USCG said it intends to enter a Cooperative Research and Development


CVCFL Acquires Stakes in ATAEI

Canbank Venture Capital Fund Limited picked up 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd

  Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf


UKHO Launches New H-Note App

Photo courtesy: UKHO

The United Kingdom Hydrographic Office (UKHO) has unveiled a new digital application that enables mariners to submit hydrographic data directly to the UKHO using their mobile device. The ADMIRALTY H-Note App is a free digital version of the UKHO’s Hydrographic Note and will allow important


Canbank Venture Acquires Stakes in Anand Teknow Aids Engineering

(L to R)MS. RAGINI RANJAN (DIRECTOR, ANAND TEKNOW ENGINEERING), MR. RAKESH RANJAN (MD, ANAND TEKNOW ENGINEERING), MR. S.THIRUVADI (MD, CANBANK VENTURE CAPITAL FUND)

  Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf


Venezuela's Oil Falls to $42.44

Image for Venezuelas oil

  Venezuela's petroleum export basket dropped to $42.44 per barrel this week from $47.05 last week to reach a 5-1/2-year low, the Petroleum Ministry said on Friday. The South American OPEC member's basket, which includes crude oil and refined products


BP Remains Singapore's Top Marine Fuel Supplier

Image: BP Singapore

BP Singapore kept its spot as a top marine fuel supplier by volume for the eleventh straight year in 2014 at the world's biggest bunkering port, the Maritime Port Authority of Singapore (MPA) said.  MPA does not specify the volumes each supplier sells


Oil Tankers Run Gauntlet in Nigeria's 'Pirate Alley'

Photo: Edward Stegle

A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as "pirate alley".  


Venezuelan Sales of New Crude Blends to US Double in Jan

Sales to the United States of new Venezuelan crude blends made with imported oil nearly doubled in January to 176,000 barrels per day (bpd), but the rise was not enough to offset a decline in total oil shipments, according to Reuters trade data.  


Zenith Acquires Bantry Bay Oil Terminal

International liquids and bulk terminaling company Zenith Energy has acquired the Bantry Bay Oil Terminal in West Cork, Ireland, from Phillips 66.   The terminal, located on Whiddy Island in Bantry Bay, has a storage capacity of more than 8 million barrels and is one of the largest and


SpeedCast Announces Australia Certifications

Global satellite communications service provider SpeedCast International Limited announced that it is now certified as an ISO 9001:2008 (Quality Management); ISO 14001:2004 (Environmental Management Systems); and OHSAS 18001:2007 (OHS Management System) compliant organization across all of its


CSIRO, BHP Billiton Join Forces in Marine Research

Ningaloo Reef in Western Australia File photo BHP Billiton

  The World Heritage Listed Ningaloo Reef in Western Australia will be the focus of a new marine research partnership between CSIRO and BHP Billiton Petroleum announced today. Ningaloo Reef is the largest fringing reef in the world, extending 300 kilometres along the North West coast of


USCG, Alaska State Investigate Spill near Auke Bay

Coast Guard personnel from Sector Juneau lay absorbent pads into the water to absorb spilled petroleum products at Auke Bay Harbor in Auke Bay, Alaska, Feb. 23, 2015. Coast Guard and Alaska Department of Environmental Conse

  Coast Guard Sector Juneau and the Alaska Department of Environmental Conservation personnel are investigating the spill of approximately of 50-100 gallons of petroleum products at the Auke Bay Harbor, Monday. Southeast Alaska Lighterage has been contracted to contain and mitigate the






 
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