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Central Gom

MMS Opens Central GOM Lease Sale 213

The Director of Minerals Management Service, Liz Birnbaum, will participate in the Central Gulf of Mexico Lease Sale 213 in New Orleans on March 17.  She will open the Federal oil and gas lease sale at 9 a.m. CDT at the Louisiana Superdome with brief remarks.  Following the bid reading, she will hold a media availability to discuss the results of the sale. The sale, held by the U.S. Department of the Interior’s Minerals Management Service (MMS), encompasses 6,958 unleased blocks covering more than 36.9 million acres offshore Louisiana, Mississippi, and Alabama. Approximately 4.1 million unleased acres in the “181 South Area” are included in this sale, with Alabama, Mississippi, Louisiana, and Texas sharing in revenues from tracts leased in that area. Blocks are located in Federal waters from three to more than 230 miles offshore, in water depths of about 10 feet (three meters) to more than 11,200 feet (3,400 meters). MMS estimates that this sale could result in production of approximately 0.8 to 1.3 billion barrels of oil and 3.3 to 5.4 trillion cubic feet of natural gas.   Who:    Liz Birnbaum, MMS Director Chris Oynes, MMS Associate Director for Offshore Energy Minerals Management Lars Herbst, MMS Gulf of Mexico Regional Director What:    Central Gulf of Mexico Lease Sale 213 When:    Wednesday, March 17, 2010 9:00 a.m. CDT for opening remarks and bid reading


Ultra-Deepwater Program Funding for Remora

The Research Partnership to Secure Energy for America (RPSEA) selects Norway's Remora for negotiations leading to funding awards The Statement of Work (SOW) covers a 1 year study involving US operators and execution of Industry related work shops addressing various HiLoad DP offloading scenarios in the US Gulf of Mexico (GoM). "Remora is pleased to learn that RPSEA and the US Department of Energy (DOE) have acknowledged the HiLoad DP solution and that our technology has been


Keppel Constructs First FPSO for GOM

Photo courtesy Keppel Group Corporate Communications

Keppel Shipyard Limited (Keppel Shipyard) is on track to deliver the first floating production storage and offloading (FPSO) vessel for the US Gulf of Mexico (GoM) to BW Pioneer Ltd, an affiliate of BW Offshore. Named on Oct. 26 at Keppel Shipyard, the vessel BW Pioneer will be turret moored at a water depth of about 2,600 metres – by far the deepest for an FPSO. The FPSO, which is nearing completion, has achieved an impressive safety record of more than four million incident-free


Oceaneering Announces Vessel Charter

Oceaneering International, Inc. (NYSE:OII) has announced that it has entered into a five-year charter for use of the Cade Candies, a multi-service subsea support vessel owned by Otto Candies LLC.  The charter is expected to commence during the second quarter of 2013.   This state-of-the-art, U.S. flagged vessel was built in 2010.  It has an overall length of approximately 309 feet (94 meters), a Class 2 dynamic positioning system, accommodations for 69 personnel


Generaly Rate Restoration by CMA CGM

  In a continued effort to provide quality services, CMA CGM group hereby informs of a Rate Restoration Program: Effective February 5th, 2015: From India, Pakistan and Sri Lanka ports to North Europe, Med Sea, Scandinavia, Baltic, Black Sea, North Africa, Central American, Caribbean and South America: Dry and Reefer cargo: USD 400 per 20’ USD 600 per 40’ From India, Pakistan and Sri Lanka ports


BOEM Proposes 10 GOM Lease Sales for 2017-2022

The Bureau of Ocean Energy Management (BOEM) proposes to conduct 10 oil and gas lease sales in the federal waters of the Gulf of Mexico (GOM), as outlined in the 2017-2022 Draft Proposed Leasing Program.     BOEM published in the April 29, 2015, Federal Register, a Notice of Intent (NOI) to prepare an Environmental Impact Statement (EIS).  The NOI seeks input on the scope of the 2017-2022 GOM Multi-sale EIS for these ten proposed GOM Lease Sales


Spirit Energy 76 Sets Production Record at GOM's Vermilion 39 field

Unocal Corporation's Spirit Energy 76 unit said its 100 percent owned Vermilion 39 field recently set a new all-time production record. A redevelopment program that began last year allowed production from the 50-year-old field to reach 17,500 boepd at year end. In addition, the program allowed more than seven million boe in new reserves to be added to Spirit's 1999 ledger. The year-end rate was 10,000 boepd higher than when the redevelopment program began in April 1999


MMS Responds with Royalty Relief Modifications

The U.S. Department of the Interior's Minerals Management Service (MMS) has updated two Notice to Lessees (NTL) to help the domestic industry adjust to and survive low prices. "Oil prices, adjusted for inflation, are down to levels last seen in the early 1970's," said Carolita Kallaur, associate director, Offshore Minerals Management Program. "While benefitting consumers generally, unanticipated price drops have some adverse consequences for society


GLM Score Up Despite Softening GOM

Global Marine's (GLM) Summary of Current Offshore Rig Economics (SCORE) rose 0.6 percent in June 2001, despite a reduction in the Gulf of Mexico. "Softening jackup rates due to declining natural gas prices have taken a toll on the Gulf of Mexico SCORE," said Bob Rose, GLM's chairman, president and CEO. "However, strong oil prices have continued to fuel improvement in international offshore rig markets."


Central Gulf Lines Seeks Transfer Authorization

Central Gulf Lines, Inc., has requested the necessary permissions to transfer one authorization granted under Section 615 of the Merchant Marine Act, 1936, as amended, to a wholly owned subsidiary. Central Gulf’s subsidiary intends to acquire a ship construction contract to be entered into between Liberty Shipping Group Limited Partnership and Oshima Shipbuilding Co., Ltd., for the construction of one 52,200 DWT multipurpose bulk ship


G6 Alliance Enhances Asia/North America Service

In response to market demand, members of the G6 Alliance today announced service enhancements in the Asia – North America (Pacific Southwest) trade. Service Enhancements Central China 2 (CC2) Service – Additional Pusan call


Tropical Storm Bill Pelts Texas Coast

Tropical Storm Bill punched the Texas coast with heavy rains and strong winds on Tuesday, the National Weather Service said, just three weeks after floods killed about 30 people in the state.   The second named tropical storm of the 2015 Atlantic hurricane season made landfall near Matagorda


Offshore O&G Lease Sale: Continued Interest in Deepwater

Photo: BOEM

The Bureau of Ocean Energy Management (BOEM) completed its required evaluation of bids to ensure that the public receives fair market value for tracts leased as part of the Gulf of Mexico Central Planning Area Oil and Gas Lease Sale 235. The sale held on March 18, 2015, made 7


Crowley Acquires 4,300 Pieces of Liner Equipment

Photo: Crowley

In response to continuing high customer demand, Crowley Maritime Corporation’s liner services group has placed orders for additional equipment, including hundreds of new chassis and containers for use in the company’s U.S., Puerto Rico, Caribbean and Central America trade lanes.


US Navy Might Accompany Other Nations' Ships in Strait of Hormuz

The U.S. military signaled on Friday it may allow warships to accompany other nations' vessels through the Strait of Hormuz, after Iran's seizure of a container ship this week prompted the Navy to start accompanying U.S.-flagged vessels.  


India to Sign Port Deal with Iran

India to build port in Iran to get more trade with CIS and Gulf India will push ahead this week with plans to build a port in southeast Iran, two sources said, with Prime Minister Narendra Modi keen to develop trade ties with Central Asia and prepared to fend off U.S


Statoil Appoints CFO, 3 EVPs and Rejigs Top Deck

CEO Eldar Sætre

  Statoil appoints new chief financial officer (CFO), and launches business area for New Energy Solutions (NES). Three new executive vice presidents (EVPs) are appointed as members of the corporate executive committee (CEC). CFO Torgrim Reitan is appointed EVP for Development &


Maersk Line Gets New Head in China

Mike Fang. Photo from LinkedIn profile

 Maersk Line on May 21 announced that Mike Fang become the company's new chief of east - and central China. He joins with effect from 1 July 2015.    Fang has been head of Maersk Line North China since 2012. He replaces David Williams, who will become the new CEO of Safmarine.


Chile Exporters Fret as Customs Strike Continues

A customs strike in Chile that began last week has started to affect exports and imports, although miners in the top copper producer said this week they have not yet been significantly impacted.   The strike by customs officials, who say they want the government to approximately double


Chinese Hope for 'Miracle' to Find Ship Survivors

A photo released by Chinas Xinhua News Agency

 Relatives of more than 400 people missing after a cruise ship capsized on China's Yangtze River were hoping for a "miracle", as authorities said they were racing against time to find any survivors.    Divers pulled three people alive from inside an overturned cruise


APM Terminals Reaffirms Poti Mega-Port Plans

Poti Sea Port

  Speaking at the 4th Annual Black Sea Ports and Shipping Conference 2015 on May 29th on the subject of Black Sea Ports as agents of economic growth for the region, APM Terminals Poti Deputy Managing Director Joseph Crowley discussed the advantages of Poti Seaport as the prominent gateway


Death Toll at 103 from Capsized China Vessel

The death toll from a Chinese cruise ship which capsized on the Yangtze River rose to 103 on Friday, state television said. China's Central Television said on its microblog that 339 people remain missing and only 14 survivors have been found.


Iran and Russia Linked Across the Caspian Sea

Image: Islamic Republic of Iran Shipping Lines

 A subsidiary of Islamic Republic of Iran Shipping Lines (IRISL) has launched a series of new routes across the Caspian linking Russia and Kazakhstan, reports Informatore Navale.   This initiative will bring six sailings per month for new services


Synapsis INS for New Car Carriers

Car Carrier, operated by Siem Car Carriers AS (Copyright: Siem Car Carriers AS)

The German navigation system integrator Raytheon Anschütz has won a contract to supply the latest generation of IMO-certified Integrated Navigation Systems (INS) to three car carriers built by the Croatian shipbuilder Uljanik Brodogradiliste.


China Probes Executives of CSIC, COSCO

Chinas first built 300,000 dwt VLCC. Pic by China Shipbuilding Industry Corporation

 China Shipbuilding Industry Corporation (CSIC) and China Ocean Shipping Company (Cosco) are being probed in China’s national anti-corruption scheme, according to a report in the Reuters.   The Central Commission for Discipline Inspection (CCDI) has not named any company






 
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