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, a helideck, a 150-ton active heave compensated crane, and a working moonpool. Oceaneering's current rolling, short-term charter contract on the Cade Candies, in place since November 2011, will continue through early 2013. At that time, the vessel will enter a shipyard to undergo modifications to enhance its project capabilities. While in the shipyard, Oceaneering's two, high-specification, work class ROVs onboard the vessel will be repositioned and fully integrated into the vessel for more effective operations. The vessel will also be equipped with a satellite communications system capable of transmitting streaming video for real-time work observation by shore personnel. To be renamed the Ocean Alliance, the vessel will be used to augment Oceaneering's ability to provide subsea intervention services in the ultra-deep waters of the Gulf of Mexico (GOM)
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
Chevron Corp. clarified the production rate for Genesis, a deepwater project in the Gulf of Mexico, which was reported in the corporation's quarterly earnings release. The 1999 year-end gross oil-equivalent production from Genesis, operated and 57-percent owned by Chevron, was 47,000 bpd. The 63,000 bpd reported for Genesis was the peak production rate for a period during the fourth quarter, not the year-end level. The gross oil-equivalent production from the 40 percent-owned Gemini project
The number of floating production systems continues to grow – 250 floating production units are now in service or available worldwide. Five years ago there were 177 units, ten years ago 119 units. In the current inventory are 155 floating production storage offloading vessels (FPSO), 42 production semis, 22 tension leg platforms, 18 production spars, 8 production barges and five floating storage regasification vessels (FSRU).
For those of you keeping track, today the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) approved a drilling permit for the fifteenth deepwater well to comply with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying the requirement to demonstrate the capacity to contain a subsea blowout. The approved permit is for BHP Billiton Petroleum (GOM) Inc
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.
Hornbeck Offshore Services, Inc. has expanded its multi-purpose supply vessel (MPSV) program to include one 430-ft. new generation DP-3 MPSV to be constructed at a European shipyard with an anticipated third quarter 2009 delivery. This 8,000 deadweight ton vessel will be equipped with two cranes, a helideck, a moon pool and accommodations for 100 people. The primary crane will have lifting capacity of up to 400 tons in up to 10
CSO Aker Marine Contractors, Inc. (CAMC), one of the Houston-based entities of the Coflexip Stena Offshore Group, announced the successful mooring of Diamond Offshore's rig the Ocean Confidence using a preset taut leg mooring with polyester rope and CAMC's SEPLA anchoring system while under contract to BP. The mooring location is in the Gulf of Mexico in 6,385 ft. (1,946 m). The project represents a significant advancement in deepwater mooring.
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
Hornbeck Offshore expands OSV new-build program, anounces retrofits & other related developments. The Company has exercised the first four of its 48 options to build additional HOSMAX vessels at an aggregate incremental cost of approximately $180 million, excluding construction period interest, for vessel deliveries in the fourth quarter of 2014 and first quarter of 2015. These four new vessels will expand the Company's fifth OSV newbuild program
Today there are 324 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 64% of the existing systems, 79% of systems on order. Production semis, barges, spars and TLPs comprise the balance.
In many of the key deepwater markets, estimated to be worth $72bn by 2018, E&P and OFS companies alike are exposed to challenging local content requirements, remarks Douglas-Westwood in their 'DW Monday'. Local content agreements are typically are motivated by a desire to stimulate
Ocean Installer has been awarded a contract for SURF support work in Brazil for Saipem. The contract which will see the Normand Clipper in Brazil for 8 months is valued at circa USD 50 million, with options to extend. Ocean Installer will support Saipem with their installation of multiple Steel
Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua
Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts and changes in estimated planned out-of-service time of 15 or more days since July 16, 2014. The total value of new contracts since the July 16
What’s New in August 2014 There are 320 oil/gas floating production units are now in service, on order or available for reuse on another field. FPSOs account for 64% of the existing systems, 79% of systems on order. Production semis, barges, spars and TLPs comprise the balance
701 Poydras Street Suite 3700, New Orleans, LA 70139 Tel: (504) 348-2466 Website: www.harveygulf.com President: Shane Guidry The Company: Harvey Gulf International Marine, LLC specializes in towing drilling rigs and providing Offshore Supply and Multi-Purpose Support Vessels
Transocean Ltd. informs it has received a decision by the United States District Court for the Eastern District of Louisiana on phase one of litigation related to the April 20, 2010 Macondo well incident involving the Deepwater Horizon. Key findings in the Court's decision with respect to
SBM Offshore is pleased to announce it has signed a Production Handling Agreement (PHA) with Noble Energy to produce the Big Bend and Dantzler fields to the Thunder Hawk DeepDraft (TM) Semi located in 6,060 feet of water in the Gulf of Mexico (GoM).
A joint operation by Maritime New Zealand (MNZ) and the New Zealand Defence Force – Operation Moana – has seen 16 fishing vessels operating off the west coast of the South Island boarded and inspected to ensure they are meeting environmental and safety standards.
Delta SubSea Secures U.S.-Flagged DP-2 IMR/Construction Support Vessel for Deepwater ROV Operations in the GoM. Delta SubSea, LLC (DSS) has entered into an agreement with a subsidiary of Hornbeck Offshore Services, Inc. (HOS) for the HOS Bayou
Transocean Ltd. informs that at its recent Extraordinary General Meeting Merrill A. "Pete" Miller, Jr. was nominated as a director and the Board intends to designate him as vice-chairman, with the expectation that he will succeed present chairman Ian C. Strachan in due course.
Maersk Drilling Chief Executive Claus Hemmingsen talked to Reuters on the sidelines of A.P. Moller-Maersk's annual capital markets day. Maersk Drilling has focused on two areas - harsh environment rigs primarily in Norway and deepwater rigs in the Gulf of Mexico and off West Africa.
BHP Billiton and Petroleos Mexicanos (Pemex) today signed a memorandum of understanding and cooperation (MOU) to exchange technical knowledge, information, experiences and practices in activities related to the oil and gas industry.
Maersk Drilling’s fourth ultra deepwater drillship has been named in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lene Berg, wife of Gregers Kudsk, Vice President in Maersk Drilling, named the drillship 'Maersk Voyager'.