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
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
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
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 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
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
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
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, 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
Growing In Deepwater Gulf of Mexico. GOM SITREP As the feds issue more drilling permits for the Gulf, demand for offshore support vessels in the GOM deepwater sector has accelerated, industry members say. Anger about the government's spill-related, drilling moratorium--which ended a year and a half ago--has given way to optimism recently. The region's shallow-water sector, nevertheless remains slow and gives little cause for cheer.
Algoma Central Corporation announces $160 million investment in fleet expansion and fleet renewal Algoma Central Corporation announced that it has acquired a 2009-built handy size self-unloading ocean class vessel, the Gypsum Integrity, from Gypsum Transportation Limited
South Korea said on Wednesday it will raise the Sewol ferry that sank a year ago, killing more than 300 people, most of them children, yielding to pressure from mourning families who have called for a deeper investigation into the disaster.
Mitsui O.S.K. Lines, Ltd. today announced that its group company in Singapore, Mitsui O.S.K. Bulk Shipping (Asia Oceania) Pte Ltd -which plays a central role in developing MOL Group business in Asia, Oceania, and the Middle East-received the International Maritime Centre (Corporate) Award
APL, Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) have together launched a new joint service between trading hubs in Asia and ports in Mexico, Colombia and Panama. In a joint statement made by the carriers, APL, MOL and NYK said Asia is an important market for exporters in
Carnival Victory and Carnival Magic to provide new options from Central Florida Starting in February 2016, Carnival Cruise Line passengers sailing from Port Canaveral will have the larger Carnival Victory as their vessel for shorter vacations and in December 2016
China is investigating the former chairman of Ningbo Port Group, manager of one of the world's busiest ports, the country's top graft-busting body said, naming the latest target of an anti-corruption drive ordered by President Xi Jinping.
Ingram Barge Company’s towboat, the M/V Miss Shirley, arrived at America’s Central Port in Granite City, Illinois, transporting containers via barge as part of a demonstration to show the viability of intermodal river transportation.
Statoil has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico (GoM), the company announced today. “The Yeti discovery expands the proven sub-salt Miocene play further south and west of the Big Foot field,” said Jez Averty
Mammoet announces it has been awarded the heavy lift and heavy haul contract for the Cameron LNG project in Hackberry, Louisiana. The multi-billion dollar project will be comprised of three natural gas liquefaction trains with approved liquefied natural gas (LNG) export capacity of 1
Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, recently serviced the largest vessel to call in the country, the 10,000 TEU-capacity Gerda Maersk.
Maritime forces from Gulf of Guinea nations, Europe, South America, and the United States and several regional and international organizations concluded the multinational maritime exercise, Obangame Express 2015, March 27. Obangame Express, sponsored by U.S
Mitsui O.S.K. Lines, Ltd. today announced that the coal carrier Hakutaka, which will serve Tokyo Electric Power Company, Inc. was delivered at Mizushima Shipyard of Sanoyas Shipbuilding Corporation on March 26, 2015. The vessel jointly developed by Sanoyas Shipyard and MOL
A new agreement on supporting the Republic of El Salvador to implement International Maritime Organization (IMO) treaties was signed in San Salvador on Monday, March 23. IMO Secretary-General Koji Sekimizu, who is on a visit to central America
Raytheon Anschütz supplied its Synapsis Integrated Navigation System (INS) to a series of four new 32,000 DWT MPP heavy-lift vessels being built at Shanghai Shipyard for the Chinese-Polish joint stock shipping company Chipolbrok.
Cocoa exports from Cameroon's main port have slowed sharply because the outlet is clogged by a buildup of imported goods bound for Central African Republic that have not been sent due to political unrest, officials said. The port is the main gateway for goods into and out of the oil, cocoa