Following a nearly complete shutdown of the oil and gas business in the Gulf of Mexico in the wake of Hurricane Katrina, signs indicate a comeback is starting, slow but steady. According to a Reuters report, oil and gas operations recovered slowly on Wednesday, with oil companies struggling to contact all of their workers and assess damage to rigs. Refinery progress was slow but steady. Three of eight refineries that Katrina completely shut have returned either full or partially, including Marathon Petroleum Co. LLC's large 245,000 barrels per day (bpd) plant in Garyville, Louisiana. Offshore, oil and gas production has also been on the rise after Katrina shut nearly all output. Government figures as of Tuesday showed 58 percent of the Gulf's crude production and 41 percent of its gas production remained shut down. The U.S. Coast Guard has said a total of 56 Gulf offshore platforms have been lost or damaged. Reuters reported that natural gas production this year will drop by about 1.5 percent, according to the U.S. Energy Information Administration.
ABS has been named the design certified verification agent (CVA) for the Shell Olympus TLP, intended for installation on the Mars B field in the Gulf of Mexico's (GOM's) deepwater. The tension leg platform (TLP) will be built at Samsung Heavy Industries, Co. Ltd. in Korea. ABS was also selected as the fabrication CVA for the hull and topsides and the installation CVA for the hull, topsides, piles and tendons. Renamed Olympus (originally Mars B)
According to a report from Reuters, U.S. agencies on April 25 approved a plan to use remote-controlled underwater vehicles to seal a leaking oil well beneath a drilling rig that exploded and sank in the Gulf of Mexico last week. The well, 5,000 feet under the ocean surface off Louisiana's coast, is leaking about 1,000 barrels of oil a day. (Source: Reuters)
According to a May 8 report from the New York Times, Congress is preparing to hold hearings on the April 20 explosion that sank the Deepwater Horizon oil rig. Implicated are BP, the British company that leased the deepwater rig, Transocean, the rig’s owner and operator, Halliburton, which handled a critical procedure about a day before the accident, and Cameron International, which made the blowout preventer that failed to engage
Statement from BSEE, April 16, 2012 as of 2:30 p.m. CDT The Bureau of Safety and Environmental Enforcement (BSEE) has confirmed that a modest amount of oil is being released from a natural seafloor seep previously suspected as the source of an oil sheen reported last week in the Gulf of Mexico. BSEE, along with natural seeps experts from the Bureau of Ocean Energy Management, viewed videotape from a remote operated vehicle survey deployed by Shell to make the final determination
Helix Energy Solutions Group discover high quality pay oil in deep water 145 miles offshore from Galveston, Texas The Danny II exploration well was drilled to a total depth of approximately 14,750 feet, in water depths of approximately 2,800 feet. The well is currently being completed and most likely will be developed via a subsea tie back system to the company's 70% owned and operated East Cameron Block 381 platform located approximately 31 miles to the north in 370 feet of water
Helix Energy Solutions announced that its wholly-owned subsidiary, Energy Resource Technology GOM (ERT) has made a second discovery in Garden Banks Block 506, approximately 145 miles offshore from Galveston, Texas, in 2,700 feet of water in the Gulf of Mexico. The 100% owned and operated "Danny" exploratory well has been drilled and wireline logs and repeat formation tests confirm the presence of high quality oil in a single sand body
Oil and natural gas production levels and the number of workers on offshore rigs and production facilities were close to or at normal levels today as offshore operations resumed after the threat of Tropical Depression No. 10 passed late last week. Workers remained evacuated from three production platforms, or 0.4 percent of the 834 manned platforms in the U.S. Gulf. All personnel evacuated from rigs have been redeployed to the 89 rigs operating in the Gulf. Approximately 19.3 percent of U.S
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
Oceaneering International, Inc. announced it has commissioned the construction of a subsea support vessel from BAE Systems. The vessel is expected for delivery by the end of the first quarter of 2016. This vessel will be U.S. flagged and documented with a coastwise endorsement by the U.S. Coast Guard. It will have an overall length of 353 feet, a Class 2 dynamic positioning system, accommodations for 110 personnel, a helideck, a 250-ton active heave compensated crane
The latest Cummins-powered Offshore Service Vessel (OSV) delivery from Houma, Louisiana-based New Generation Shipbuilding is representative of the 'New Generation' in supply vessel design. According to Cummins Hotips, the distinctive bow and fo'csle profile on the 171 by 36-foot Mr
Pellerin Water Solutions (PWS), a subsidiary of Pellerin Energy Group (PEG), has designed and built a Horizontal Flotation Separator (HF- SEP) for Stone Energy Corporation. The specifically designed HF- SEP with dissolved gas flotation (DGF) technologies will enhance the separation process of
EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that it has received a Letter of Agreement (LOA) from Noble Energy for the Gunflint Project in the Gulf of Mexico (GoM).
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau today announced that the bureau will offer more than 21 million acres offshore Texas for
New Orleans based Harvey Gulf International Marine CEO Shane Guidry announced his company’s first public rating from Moody’s for a new $1 billion credit facility. Harvey Gulf CEO, Shane Guidry, said the rating will help increase the company’s EBDITA to over $500 million in 2016
Bibby Offshore’s newest division, Bibby Remote Intervention Limited (BRIL) Recently increased its workforce following the creation of two new positions. David Howe joins the firm as project director and Robin Longstaff as survey manager.
Oceaneering International, has chartered the 'Normand Flower', a Solstad Offshore multi-service subsea support vessel. The charter term is expected to commence during the fourth quarter of 2013 upon arrival of the vessel for work in the Gulf of Mexico (GOM).
Allspeeds Ltd. designs and manufactures the Webtool range of cutting and gripping tools. In addition to the standard range, Allspeeds has manufactured a bespoke emergency cutting tool. The tool was supplied to an organization operating a number of floating production storage and offloading
Bollinger Ramps Up for GOM Oil Sector and Builds for USCG Lockport, La.-based Bollinger Shipyards, Inc. is humming with work from oil and gas companies and government agencies. Family-owned and operated, Bollinger has 10 shipyards -- nine in south Louisiana and one in Texas -- along with 28
Ongoing infrastructure and newbuild activity not expected to let up. Modern, sophisticated and quality tonnage arrives at just the right time. Vessel builders are ramped up for strong demand from the Gulf of Mexico, where oil drilling is very soon expected to return to pre-Macondo levels
Oceaneering International, Inc. has commissioned the construction of a subsea support vessel from BAE Systems, expected to be delivered by the end of the first quarter of 2016. The new ship will be U.S. flagged and documented with a coastwise endorsement by the U.S. Coast Guard
The new drillship was named 'Maersk Viking' by Mrs. Nathalie Newman, wife of Mr. Harry E. Newman Jr., ExxonMobil Global Drilling Manager in a ceremony at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Maersk Viking is the first in a series of four ultra deepwater drillships
Area includes approximately 658,000 acres The Bureau of Ocean Energy Management (BOEM) completed the Final Environmental Impact Statement (FEIS) for two proposed oil and gas lease sales in the Gulf of Mexico's Eastern Planning Area. "This analysis evaluates baseline conditions and
In its latest subsea vessels report Douglas-Westwood (DW) forecast more than $100b of expenditure on subsea vessel operations over the next five years – with global demand is expected to increase by 23%. The increase in expenditure is expected to be higher than the growth in vessel days
Currently, 319 oil/gas floating production units are now in service, on order or being remarketed for reuse. FPSOs account for 66% of the existing systems, 73% of systems on order. Another 25 floating LNG processing systems are in service or on order