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Houston Exploration

Interest in Offshore Exploration in Greenland Growing

Several of the world's largest oil companies hope to tap into possible offshore oil and gas reserves as Greenland opened a new round of concessions for exploration licenses in the fragile Arctic region. Eyes of an oil-thirsty world have turned to the shores of the semiautonomous Danish territory amid rising fuel prices, Mideast instability and concerns over future supplies. The Greenland government hopes to make big gains from any reserves found in its icy waters, but environmentalists say oil exploration there could damage a sensitive region already under threat by global warming. The names of companies attending the meeting and what conditions the Greenland government would put forth for exploration in the Disko Bay- the area being opened for the current round of concessions- remained undisclosed. Oil exploration off west Greenland started in the 1970s but stopped after five failed drilling attempts. Activities resumed in 2001 off Nuuk, the Greenland capital. Canadian company EnCana last year became the first company to win a license for offshore oil and gas exploration off Nuuk.In 2008, Calgary, Alberta-based EnCana is expected to start drilling in areas believed to have reserves ranging from 400 million to 1.2 billion barrels of oil. (Source: Houston Chronicle)


OTC Announces New Board Members

The Offshore Technology Conference (OTC) board of directors elected the 2004-2005 chairman and vice-chairman during this year’s event that took place 5-8 May at Reliant Center at Reliant Park in Houston. Members of the OTC Board are appointed to four-year terms by their respective society or organization. The OTC Board includes 13 representatives, 11 from OTC’s sponsoring organizations and two from OTC’s endorsing organizations


MMS Names Mineral Revenues Stewardship Award Winners

Timely payment of royalties and accurate reporting have earned four energy companies the Mineral Revenues Stewardship Award, the Department of the Interior’s Minerals Management Service (MMS) announced today. The oil and gas industry places a high value on the award. “We are recognizing these companies for their exceptional performance in production reporting and timely payment of royalties to the Federal Government,” MMS Director Johnnie Burton said


BP Disaster Strands Billions of Barrels of Crude

According to a May 13 report from Bloomberg, a regulatory crackdown on offshore oil drilling after the fatal rig explosion in the Gulf of Mexico will delay development of U.S. deposits with billions of barrels of crude and may spawn industry job cuts. BP Plc, ConocoPhillips, Petroleo Brasileiro SA, Cobalt International Energy Inc. and Plains Exploration & Production Co. are among explorers with projects on hold in the Gulf or coastal California after the April 20 explosion prompted federal


Technip Wins Important GofM Subsea Contract

Technip awarded Murphy Exploration & Production Co. contract for development of Dalmatian Field in Gulf of Mexico. The lump-sum contract is for work at a water depth ranging from 530 to 1,800 meters on a field  jointly owned by Murphy and Ecopetrol America Inc., comprised of the De Soto Canyon Blocks 4, 47, 48 and 91. The project consists of a subsea tie-back to an existing Gulf of Mexico platform. The contract covers: project management, engineering


BP Shares Deepwater Well-capping Expertise

Under the Technology License Agreement, BP will make available technical information that PEMEX E&P can use. Petroleos Mexicanos Exploration and Production (PEMEX E&P) and BP's agreement is for the latter to share the technical information it used to build its own global deepwater well-capping equipment. Under the Technology License Agreement, BP will make available technical information that PEMEX E&P, one of four subsidiaries of PEMEX, can use


Galveston’s Simulator Provides Training Opportunities

Marine industry operations will grow and develop with highly trained workers as a result of the expansion and upgrade of the Full Mission Ship Simulator operated by the Texas Maritime Academy. The improvements were made possible by a $250,000 grant to Texas A&M University at Galveston by Houston Endowment Inc., a philanthropy endowed by Mr. and Mrs. Jesse H. Jones. Mike Kemp, vice president and CEO of the campus, said this funding will significantly assist the university in complying with


Finalists Named for DOI’s 2006 Safety Awards for Excellence (SAFE)

Fifteen offshore energy companies have been named national finalists for the Department of the Interior’s 2006 Safety Awards for Excellence (SAFE) competition. Sponsored by the Minerals Management Service (MMS), the SAFE awards are presented annually to Outer Continental Shelf (OCS) oil and gas operators and contractors who achieve excellence in safety and pollution prevention. Established in 1983, the SAFE Awards recognize and honor companies making concerted efforts to train and motivate


Congress Approves Additional Funding for Houston Ship Channel Expansion Project

The U.S. Congress has passed and sent to President Bush legislation providing $33.8 million in federal funding to continue a five-year, $511 million project to widen and deepen the Houston Ship Channel in order to accommodate larger ships, reduce shipping costs and improve Channel safety. "Congressman Tom DeLay's strong support for the Port of Houston Authority has been invaluable in making sure this crucial funding will be available to continue the Houston Ship Channel project


UK Chancellor Mentions Hi-Tech Tax Breaks on Bibby Offshore Visit

Osborne (L) & Woodcock: Photo courtesy of Bibby Offshore

Bibby Offshore, subsea services provider to the oil & gas industry, says it has hosted a visit by George Osborne, Chancellor of the Exchequer, to the Company’s workshop, storage and maintenance facility in Aberdeenshire, Scotland. The Chancellor was given a tour of Bibby Offshore’s new 50,000 sqft state-of-the-art Westhill facility, The Hangar. His visit follows the Company’s recent investment into its facilities; including the installation of a 16 tonne Gantry Crane


TWC Funds Training of 195 Mariners at San Jacinto College

Check presentation: Photo credit - see text

Texas Workforce Commission (TWC) informs that its Chairman, Andres Alcantar, recently visited the San Jacinto College maritime training center to present a $368,173 Skills Development Fund grant for maritime job training. The TWC Skills Development Fund grant will fund training for 195 mariners


Statoil: COSL Pioneer Temporarily Suspended

COSL Pioneer (Statoil image)

Due to overcapacity in their rig portfolio, Statoil will lay up the COSL Pioneer rig in the fourth quarter of 2014. The rig is currently carrying out an assignment on the Visund field and is scheduled to complete this work at the end of September.


Houston Shipping and Offshore Conference Program Announced

The fourth Houston Shipping and Offshore Conference has announced the final program for its Friday, October 10 conference at the Houstonian Hotel, Club & Spa, 111 N. Post Oak Lane, Houston. This year’s program is centered on the theme


Continental Resources Names New President after Bott's Quick Exit

Jack Stark of Continental Resources Inc.

  Continental Resources Inc, the largest oil producer in North Dakota's Bakken shale formation, promoted Jack Stark to president on Wednesday, less than a week after Rick Bott quit the position. Stark, 59, had worked at Continental since 1998, most recently as head of exploration


Maritime, Transportation & Petrochemical Leaders see Bright Future

Janiece Longoria, Charmain Port of Houston Authority

   Leaders from the petrochemical, maritime, logistics and transportation industries delivered robust economic forecasts for the Houston Ship Channel region during the 5th annual Economic Alliance Houston Port Region Petrochemical & Maritime Outlook Conference held at the Pasadena


Salvor to Remove Beached Vessel in Texas

A derelict vessel, Rich, aground on Sargent Beach Thursday, located about 20 miles south of Freeport. USCG photo

The U.S. Coast Guard (USCG) contracted a salvage company to remove the threat of pollution from a derelict fishing vessel that went aground Thursday, about 20 miles south of Freeport, Texas, on Sargent Beach. The captain of the vessel Lady Glenda contacted Sector Houston/Galveston watchstanders


Environmental Challenge Halts Statoil Arctic Oil Well

Norwegian oil company Statoil has had to stop drilling at the Arctic Pingvin prospect because of an appeal against its environmental permit, North Energy, a partner in the project, said on Friday. "The top hole on Pingvin has been drilled," North Energy said in a statement


MN 100: Kirby Inland Marine

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55 Waugh Dr, #1000 Houston, TX 77007 Tel: (713) 435-1000   Email: customerservicerep.klm@kirbycorp.com Website: www.kirbycorp.com President: William G. Ivey The Company: Kirby Corporation is a premier tank barge operator in the United States


MN 100: Rapp Hydema U.S., Inc.

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4433 27th Avenue West Seattle, Washington 98199 Telephone: 206 286 8162 E-mail: office@rappus.com Web: www.rappmarine.com President: Johann Sigurjonsson Number of employees: 500 The Company: The group’s business in the United States is organized under the parent company


CGG Nets Quartet of BroadSeis-BroadSource Marine Contracts

CGG secures contracts for 3D seismic acquisition of four major surveys

  French Firm CGG announced today that it has been awarded contracts for the 3D seismic acquisition of four major surveys using its BroadSeisTM with BroadSourceTM, marine broadband technology. The four surveys represent a total contract value of over 80 million USD.


MN 100: Thrustmaster of Texas

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6900 Thrustmaster Drive Houston, TX  77041 Telephone: (713) 937-6295 Website: www.thrustmaster.net Email: info@thrustmastertexas.com CEO/President: Joe Bekker Number of Employees: 300 The Company: Thrustmaster of Texas, Inc. manufactures heavy-duty commercial marine propulsion and


Brazil to Hold Next Oil Rights Auction in 2015

Brazil will hold the 13th round of its oil rights auctions in the first half of next year, a senior mines and energy ministry official said on Monday. Marco Antonio Martins, the undersecretary in charge of the oil industry at the ministry


Technip Further Optimizes its Subsea Assets

Proceeds from this divestment will be partially reinvested directly into Technips Subsea business

  Technip signed today an agreement to sell 100% of its North American diving assets to Ranger Offshore Inc.(1). Technip’s strategy focuses on high technology and ultra-deep water products and services. Proceeds from this divestment will be partially reinvested directly into


Update: SS Central America Salvage

Coins recovered from the shipwreck of SS Central America (Photo: Odyssey Marine Exploration)

Odyssey Marine Exploration completes current phase of SS Central America recovery; 15,500+ gold and silver coins, 45 gold bars recovered to date; 161,000-square meter, high-resolution visual site survey complete Deep-ocean exploration company Odyssey Marine Exploration, Inc


Lake Charles Tugboat Engine Room Fire Extinguished

Fire fighters: Image credit KVH

The Coast Guard informs that along with the Black Bayou Fire Department it has responded to a tugboat on fire near Lake Charles, Louisiana. At approximately 1:15 p.m., Tuesday, watchstanders at Coast Guard Sector Houston-Galveston Command Center received a report from the captain of the tug






 
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