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Monday, March 18, 2024
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Gas Production News

18 Mar 2024

OMSA Announces New Board Members

(File photo: Bordelon Marine)

Industry trade group the Offshore Marine Service Association (OMSA) announced the addition of four CEOs to its board of directors.The new board members include Wes Bordelon, Chief Executive Officer, Bordelon Marine; Stacy Jo Stanley, Chief Executive Officer, Offshore Oil Services, Inc.; David Dantin, Chief Executive Officer, Odyssea Marine; and Lasse Petterson, Chief Executive Officer, Great Lakes Dredge and Dock."With the addition of these four executive leaders, OMSA pays homage to its roots while welcoming expanded opportunities in emerging energy frontiers…

17 Mar 2024

Bristol Harbor Group Hires Kyle Pagan

Kyle Pagan (Photo: BHGI)

Briston. R.I. based naval architecture and marine engineering frim Bristol Harbor Group, Inc. (BHGI) announced it has hired Kyle Pagan as a naval architect.Pagan holds a Master’s degree in Naval Architecture and Marine Engineering from the University of New Orleans and a Bachelor’s degree in Petroleum Engineering from Louisiana State University. For his graduate research, he conducted an in-depth study of the performance of 3D printing materials under the influence of water exposure…

14 Mar 2024

TotalEnergies Renews Contract for Bibby WaveMaster 1 SOV’s Services

(Credit: Bibby Marine)

Bibby Marine has secured a three-year contract extension with long-standing client TotalEnergies EP Nederland for its ‘walk-to-work’ service operation vessel (SOV) Bibby WaveMaster 1.The three-year charter extension will begin in the first quarter of 2025, and the vessel will be deployed on the Dutch continental shelf in the Southern North Sea.The SOV will continue to accommodate and transport service engineers and maintenance personnel, supporting gas production activities across…

10 Mar 2024

Norway Offers $193 Million Funding to Arctic Floating Wind Farm Project

© Marc Dyck / Adobe Stock

A floating offshore wind farm planned in Arctic waters on Friday received 2 billion Norwegian crowns ($193 million) in state funding, with Norway viewing the still costly technology as a key contributor for industry development and emission cuts.The GoliatVind project in the Barents Sea, consisting of five 15 megawatts turbines and seeking to supply power to the Arctic town of Hammerfest, beat out six other applicants in a tender by government agency Enova.Norway hopes that floating offshore wind will provide an industrial future for its offshore supply industry as well as a means of cutting e

20 Feb 2024

Indonesia to Offer More Energy Blocks in North Sumatra

Source: Mubadala Energy

Indonesia is looking to offer more oil and gas blocks in North Sumatra basin this year following a major discovery by Mubadala Energy in a bid to accelerate gas production, a senior energy ministry official said on Tuesday.The energy ministry is currently reviewing potential energy blocks for auction this year, director general for oil and gas Tutuka Ariadji told reporters."North Sumatra basin is one of the potential area for further exploration after a major discovery recently in Layaran-1 by Mubadala Energy," Tutuka said.United Arab Emirates' Mubadala said in December it had discovered a maj

04 Jan 2024

LR Greenlights Canadian Ship Recycling Facility’s Standards Compliance

 (Left to right) Darren Webster, Vice President, RJMI and Laura Donahue, Professional Services Manager, LR (Credit: Lloyd’s Register)

Lloyd’s Register (LR) has certified Nova Scotia recycling facility, R.J. MacIsaac (RJMI), according to the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships.RJMI has become first Canadian facility to be issued a Statement of Compliance (SoC) to the Hong Kong Convention for international ship recycling standards, which is scheduled to enter into force in June 2025.RJMI was required to demonstrate that its environmental protection, workforce safety and emergency preparedness systems surpass the stringent conditions of the convention.

18 Dec 2023

MODEC and Toray Develop New FPSO Repair Technique

(Credit: Aastels / Adobe Stock)

MODEC and Toray Industries have jointly developed a carbon fiber-reinforced plastic (CFRP) patch technique for repairs on Floating Production, Storage and Offloading (FPSO), and Floating Storage and Offloading (FSO) systems.FPSO and FSO repair services provided by MODEC, a general contractor specializing in engineering, construction, operation, and maintenance services of offshore oil and gas vessels, will utilize this CFRP patch technique for pitting corrosion repair from 2024.The American Bureau of Shipping (ABS)…

17 Dec 2023

C-NLOPB Updates Hebron Field Volume Estimate

Source: Hebron Project

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has approved the Development Plan Amendment (DPA) for the Hebron Field.The Hebron oil field is located offshore Newfoundland and Labrador, Canada, in the Jeanne d'Arc Basin 340 kilometers southeast of St. John's. The field was first discovered in 1980, and is estimated to produce more than 700 million barrels of recoverable resources. The water depth at the Hebron field is 93 meters.The approval enables ExxonMobil and…

07 Dec 2023

CAPP Says Canada’s Emissions Cap will be Production Cap

© Dolores Harvey / Adobe Stock

Canada’s Minister of Environment and Climate Change, Steven Guilbeault, and Minister of Energy and Natural Resources, Jonathan Wilkinson, introduced Canada’s draft framework to cap pollution from the oil and gas sector on December 7. The aim is to reduce emissions and remain competitive in a shifting global market. “No sector of the economy should be allowed to emit unlimited pollution, not when we are all driving toward the same goal of net zero by 2050 to ward off the worst impacts of the climate crisis,” said the ministers in a statement.

07 Dec 2023

Carbon Capture Chasm Exposed at Climate Summit

Copyright VectorMine/AdobeStock

Carbon capture and storage has emerged as flashpoint at the UN climate conference in Dubai about how big a role it is destined to play in reaching the target of net zero emissions.It has also prompted an unusual and bad-tempered confrontation between senior officials at the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC).In the run up to the conference, the IEA called on oil and gas producers to let go of "the illusion that implausibly…

26 Nov 2023

Report: New Gas Supply Needed in All Australian Net Zero Pathways

Domestic demand and exports under each scenario courtesy of EY

Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net zero scenario, according to The future role of natural gas in Australia and the region.EY was commissioned by Australian Energy Producers to provide an independent assessment of the future role of natural gas in Australia and the region to inform Australia’s Future Gas Strategy. EY examined around 350 net zero pathways around the world and has…

24 Nov 2023

Eni to Invest $10 Billion in Ivory Coast Baleine Field

Source: Eni

Eni will invest $10 billion in the development of the Baleine field offshore Ivory Coast, which will take place in three phases from 2023 to 2027, Energy Minister Mamadou Sangafowa Coulibaly said on Thursday.The Baleine field, where certified reserves are estimated at 2.5 billion barrels of oil and 3.3 trillion cubic feet of natural gas, was discovered in 2021 by the Italian energy group off the east coast of the West African country.The field's crude oil production should reach 200,000 barrels per day by 2027, compared with 30,000 barrels per day in 2023, the energy minister said."With a tota

09 Nov 2023

Mideast Conflict Dims Prospect of More Egyptian LNG Exports to Europe

Tamar Platform - Credit III Production media via Delek Group (File Image)

The prospect of the EU receiving more liquefied natural gas (LNG) from Egypt in the short and medium term looks unachievable due to tight gas balances and reduced imports from Israel, Oxford Institute of Energy Studies (OIES) said.Egypt shipped 80% of its liquefied natural gas (LNG) exports to Europe last year as the continent sought to replace Russian pipeline gas after Moscow's invasion of Ukraine. The European Union in June last year signed a framework deal between the bloc…

23 Oct 2023

US Gulf Coast Oil Patch Gets Lucky, So Far, in Busy Hurricane Season

© Michael Rolands / Adobe Stock

A very active Atlantic hurricane season so far this year has not sent storms across U.S. oil and natural gas fields in the northern Gulf of Mexico, sparing energy companies billions of dollars of losses and consumers higher fuel costs.The 2023 Atlantic hurricane season has been another in a string with above average activity producing three major hurricanes with winds above 111 mph (179 kph) out of six hurricanes among 20 named tropical storms.So far this year, only one storm, Tropical Storm Harold, on Aug.

06 Sep 2023

SHI Touts 'Eco-Friendly' Strategies at Gastech '23

Digital twin-based autonomous navigation technology.  Image courtesty SHI

At Gastech 2023, Samsung Heavy Industries (SHI) offers a separate 216 sq. m. exhibition hall at the Singapore Expo venue showcasing its technological developments in LNG and LCO2 transport vessels, centered around the FLNG (Floating Liquefied Natural Gas Production Facility) models.On the September 7, SHI plans to hold a future eco-friendly technology seminar for key customers to address global climate change. Dubbed "Sustainable Future with Green & Digital," the seminar will feature participation from major customers…

01 Sep 2023

US LNG Exports Slip in August

© Björn Wylezich / Adobe Stock

U.S. exports of liquefied natural gas (LNG) fell in August as some processing plants reduced output and a heat wave increased gas demand for power, leaving less gas available for LNG production, according to vessel monitoring data and analysts.Above-normal temperatures and drought hit the U.S. Southwest last month, triggering record electricity demand and forcing providers to ask users to voluntarily reduce consumption. Maintenance outages also curbed processing at two Cheniere Energy facilities: Sabine Pass in Louisiana and Corpus Christi in Texas.Gas supply to the seven largest U.S.

28 Aug 2023

14th Annual Maritime Risk Symposium to be Held Nov. 14-16 at SUNY Maritime

The 2023 Maritime Risk Symposium (MRS) will be held Nov. 14-16, 2023, as an in-person event, hosted by Maritime College, State University of New York (SUNY) at the Maritime Academic Center. The theme of the 14th annual event is “Managing Impacts of Supply Chain Disruptors, Renewable Energy, Emerging Technology on the Maritime Transportation System (MTS)” with a focus on offshore infrastructure risk and disruptors. Founded in 1874, Maritime College is the oldest maritime college in the United States, providing mariner training for 150 years.

24 Aug 2023

Report: CCS Unlikely to Constrain Blue Ammonia Availability

© Fokussiert / Adobe Stock

The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has released a report indicating that CO2 storage capacity is unlikely to constrain the availability of blue ammonia for shipping by 2030.The report analyzed whether potential carbon storage in carbon capture and storage (CCS) networks can meet the expected demands from blue ammonia production for maritime in the context of the wider demand for CCS from other industries.It also evaluated potential constraints on CCS and blue ammonia availability…

21 Aug 2023

Storm Brewing in Gulf of Mexico Set to Strengthen

(Photo: NOAA)

A storm system brewing in the Gulf of Mexico could strengthen into a named storm as it takes aim at the Texas coast, the U.S. National Hurricane Center said on Monday.The system, named Potential Tropical Cyclone 9, was about 480 miles (770 km) east-southeast of Port Mansfield, Texas and was packing maximum sustained winds of 30 miles (45 km) per hour, the Miami-based hurricane center said. It could cause coastal flooding along the south Texas coast between Monday night and Tuesday…

20 Jul 2023

US Announces First Offshore Wind Rights Sale in Gulf of Mexico

©Mike Mareen

The United States announced the first offshore wind power development rights sale in the Gulf of Mexico on Thursday, which President Joe Biden will discuss during a trip to highlight the administration's efforts to boost renewable energy.In February, the United States proposed to expand offshore wind power developments into the Gulf of Mexico, introducing the nascent clean energy industry into a major hub for oil and gas production.The Interior Department said the sale will take place on Aug.

25 May 2023

Australia’s Marine Economy Grew Through COVID

© mozZz / Adobe Stock

The economic output of Australia’s marine industry continued to grow despite the effect of the COVID-19 pandemic restrictions on some sectors, a new report released by the Australian Institute of Marine Science (AIMS) shows. The AIMS Index of Marine Industry 2023 is the latest assessment of the contribution of Australia’s marine sector to the national economy, using data from the 2018-19, 2019-20 and 2020-21 financial years. It reveals that Australia’s marine industry had a total output of A$118.5 billion (US$774 million) and supported 462…

22 May 2023

Managing Offshore Oil & Gas Through Energy Transition

Copyright bomboman/AdobeStock

Scientists warn that climate change is the greatest peril that humankind has ever faced. Yet oil and gas exploration is set to clock the highest growth for more than a decade this year and next. Protesters cause disruption but, for the moment, hydrocarbon energy underpins life as we know it“Offshore oil and gas production probably matters now more than ever,” said Audun Martinsen. The Rystad Energy Partner and Head of Energy Research told Maritime Reporter & Engineering News.“It…

18 May 2023

Report: US Gulf of Mexico Oil Production Leads on GHG Intensity

© Troy V Smith / Adobe Stock

The US National Ocean Industries Association (NOIA) has released a study on global oil production emissions that finds that the greenhouse gas intensity of US oil production, particularly in the U.S. Gulf of Mexico, is significantly lower than most other regions around the world.Prepared by ICF, the GHG Emission Intensity of Crude Oil and Condensate Production report, calculates that total US oil production has a carbon intensity 23% lower than the international average outside of the US and Canada.

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