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Iraqi Oil

Sunken Fuel Tanker Had "Dirty" Oil

Oil leaking from a fuel tanker that sank in the Gulf off the coast of the United Arab Emirates while reportedly smuggling Iraqi oil was brought under control on Sunday, a UAE official said. The 3,500-ton Iraqi tanker Zainab, which sank on Saturday, was intercepted several days ago by the Multinational Interception Force that enforces sanctions against Iraq, an official at the Bahrain-based U.S. Navy's Fifth Fleet said. The ship, which was carrying about 1,300 tons of fuel oil, ran into trouble on its way to a holding area in international waters for ships suspected of smuggling Iraqi oil in violation of U.N. sanctions. It was reported that coast guard divers had managed to plug up holes in the tanker through which fuel oil had been spilling off the UAE's northern coast and that the leakage was now under "complete control". The oil slick reportedly had started to disperse and was being treated with environmentally safe chemicals by teams fighting the spillage. UAE officials have said they would try to salvage the tanker, which sank off the coast of Jebel Ali, north of Dubai. All crewmembers onboard were rescued.


Russian Tanker Stopped For Suspected Smuggling

A Russian tanker was intercepted in the Gulf on Thursday on suspicion of smuggling Iraqi oil in defiance of U.N. sanctions, a U.S. admiral said. The Akademik Pustovoyt was boarded in the southern Gulf by a team of Americans who took oil samples for analysis to see if the fuel was from Iraq, said Vice Admiral Charles Moore. He coordinates an international force patrolling the area and commands the U.S. Navy's Manama, Bahrain-based Fifth Fleet.


Seized Tanker Awaits Unloading

A Russian oil tanker seized in the Gulf for what the U.S. said was the smuggling of Iraqi oil docked in Oman on Monday (today), and its cargo will be unloaded soon, a Russian diplomat in the Gulf Arab state said. Russian officials said they expected the tanker, which was detained last week by a multinational patrol enforcing U.N. sanctions on Iraq, to be released after unloading. The U.S. says it had clear evidence the fuel was Iraqi.


First Tanker Fixed For Next Phase Of Oil For Food Deal

The first tanker to carry Iraqi oil exports under the next phase of the U.N. "oil for food" deal has been chartered subject to the program being extended, according to shipping brokers. The Panamanian-registered VLCC Kristhild has been fixed to Russian trader Ursa to sail from the Gulf port of Mina al-Bakr to the U.S. Gulf, provided the United Nations and Iraq reach an accord to continue exports beyond Nov. 20. The 258


Iraq Oil Lifting Remains on Hold

Iraqi oil lifting remained on hold as Baghdad continued to insist on a surcharge for crude sales under the UN's oil-for-food program, industry sources said. A tanker chartered to the Indian Oil Corp (IOC) remained berthed at Iraq's Mina al-Bakr port on the Gulf but that no oil was being pumped aboard. An industry official in India said that IOC had been asked to pay a surcharge outside the terms of the UN exchange in order to secure its cargo but had refused. Iraq suspended 2


This Day in U.S. Naval History – January 18

1911 - First aircraft landing on board a ship, USS Pennsylvania by Eugene Ely. 1962 - After a flash fire in the Persian Gulf on Danish tanker, Prima Maersk, burned a crewman, USS Duxbury Bay transfers a Navy doctor to help the Danish crewman and USS Soley took him to the nearest hospital at Bahrain Island. 1968 - Operation Coronado X begins in Mekong Delta, Vietnam 1977 - The Trident (C-4) missile development flight test program commenced when C4X-1 was launched from a flight pad at


Iraq Allocates $25M for Tanker Purchase

An official at the Iraqi Oil Tanker Company announced that the Transport Ministry has allocated $25 million to buy two oil tankers, the Middle East North Africa Financial Network reported. The capacity of each tanker will be 10,000 tons of crude oil. Iraq had its own tanker fleet but most of the ships were sunk during the country's wars with Iran in the 1980’s and the U.S. wars, one in 1991 and the other in 2003. However, the company still had a few ships with a total capacity of 60,000 tons


Iraq Plans to Renew Oil Tanker Fleet in S.Korea

Iraq aims to rebuild its ageing fleet of tankers to carry its crude oil exports and is planning to form a joint venture shipping company with a South Korean firm, the oil ministry's spokesman said on Monday. Jihad said ownership of the fleet would be transferred to Iraq's oil ministry after a period that would be specified in the final agreement. Other foreign companies had approached the ministry with offers to help rebuild Iraq's tanker fleet


EIA Expects OPEC Output To Rise

The U.S. Energy Information Administration expects OPEC countries to continue producing above their quotas, pushing the cartel's average output 770,000 barrels per day (bpd) above official levels for the quarter. OPEC's actual production would also be just 619,000 bpd lower during the first quarter from output levels at the end of last year, the agency said in its monthly OPEC update. That would be much less than the 1


Revised Maritime Terminal Protection Procedures

A U.S. Marine stands security watch on the deck of the Al Basrah Oil Terminal (ABOT). U.S. Marines from the 1st Fleet Anti-Terrorism Security Team (FAST) Battalion, of Norfolk, Va., are providing extra security along with the Iraqi security teams after an attempted suicide attack on Iraqi oil terminals on April 25th. U.S. Navy photo by Photographer's Mate 1st Class Alan D. Monyelle. (RELEASED) Commander, U.S. Naval Forces Command/Commander, U.S


Divers Search Sunken Iraqi Oil Tanker

Sterling Global Operations diver preparing to descend to wreck of VLCC Amuriyah to check for unexploded ordnance. (Photo: Sterling Global Operations)

Sterling Global Operations (SGO) has been chosen to provide surface - supplied divers for unexploded ordnance search and removal and salvage operations for the sunken 82,000-ton Very Large Crude Carrier (VLCC) Amuriyah, an Iraqi tanker sunk near Bubiyan Island off the coast of Kuwait in Jan


Today in U.S. Naval History: March 19

U.S. Navy photo

Today in U.S. Naval History - March 19 1898 - USS Oregon departs San Francisco for 14,000 mile trip around South America to join U.S. Squadron off Cuba 1917 - Navy Department authorizes enrollment of women in Naval Reserve with ratings of yeoman, radio electrician, or other essential ratings


Med Crude-Kazakh CPC Strengthens, Azeri Exports to Drop

Kazakh CPC Blend crude strengthened on Tuesday as the outlook soured for the resumption of rival Libyan oil exports and a loading programme showed lower Azeri loadings in May. In the Platts window, oil major Total bid for CPC at dated Brent minus 50 cents


Baltic Med Crude-Urals Weakens, Opens Arb Options

Russian Urals crude weakened in the Baltic on Wednesday due to a number of unsold cargoes while Kazakh CPC continued to strengthen due to a lack of sweet barrels. In the Platts window, Trafigura bought a cargo of Urals from Eni at dated Brent minus $1


Iraq Energy Sector the Focus of IEA Report

The International Energy Agency<http://www.iea.org/> (IEA) will undertake a comprehensive analytical study of Iraq as part of the 2012 edition of its flagship publication, the World Energy Outlook (WEO). "Iraq's energy sector is both central to the reconstruction and development of the


Iraq – Swedish Transport Academy Inaugurated

Sweden’s Minister for Trade, Ewa Björling at the inauguration together with Kurdistan\s Minister of Trade and Industry Sinan Çelebi (at left), the Minister of Labour and Social Affairs Asos Najib Abdullah and the Governor Nawzad Hadi. Photo credit Scania

Engine manufacturer Scania cooperates in setting up Iraq mechanical occupational skills training facility for young unemployed in Erbil, North Iraq Sweden’s Minister for Trade, Ewa Björling and ministers of the Kurdistan Regional Government today inaugurated the Swedish Transport


Call on OPEC Oil Increasing Say IEA

International Energy Agency (IEA) reports call on 'OPEC crude & stock change' rising IEA reports that global oil supply increased by 0.6 mbd to 91.0 mbd in April, 3.9 mbd above last year. Higher Iraqi, Nigerian and Libyan supplies lifted OPEC production by 0.41 mbd, to 31.85 mbd.


Iraqi Navy Receives Two US Navy OSV's

Iraq Navy OSV1 & 2: Photo credit RiverHawk Fast Sea Frames

The Iraqi navy and the U.S. Navy's Naval Sea Systems Command mark delivery of two 60-meter Offshore Support Vessels (OSV's). The delivery ceremony was held recently at the Umm Qasr naval facility in Iraq. The two OSVs, procured as part U.S


GD Bath Ironworks Lays DDG 1001 Keel

General Dynamics Bath Iron Works celebrate the keel laying of 'Michael Monsoor' (DDG 1001), the second ship in the planned 3- ship Zumwalt-class of guided-missile destroyers. The keel unit is the 4,400-ton, heavily outfitted mid-forebody section of the ship


Port of Huename Appoint Navy Vet COO

John Demers will be joining the staff at the Port of Hueneme as the Port’s new Chief Operations Officer. Port CEO & Director Kristin Decas said: “John comes to us with a strong background in operations and logistics in his over 20 years of service with the United States Navy


Reef Subsea Win Large Middle East, A-P, Contracts

Image courtesy of Reef Subsea

Reef Subsea Dredging and Excavation (D&E) report they have secured a number of substantial contracts in the Middle-East and Asia Pacific as they continue to grow its global footprint. The Middle-East contracts will involve two teams from the company’s UK workforce managing subsea


Willard Marine Nets Foreign Navy Boat Orders

Willard 7m RIB

Headquartered in Anaheim, California, Willard Marine is emerging as a leading supplier of patrol boats for international navies: recent sales include the Lebanon Armed Forces, Egyptian navy, Ukrainian navy and Iraqi navy, under U.S. Foreign Military Sales (FMS) programs. Details as follows:


Today in U.S. Naval History: January 24

USS Nicholas (U.S. Navy photo)

Today in U.S. Naval History - January 24 1942 - Battle of Makassar Strait, destroyer attack on Japanese convoy in first surface action in the Pacific during World War II 1991 - Helos from USS Leftwich and USS Nicholas recapture first Kuwaiti territory from Iraqis


OPEC oil output rises in February

Supply rises by 170,000 bpd, led by Iraq, Angola. Saudi Arabia trims output, Libyan supply falls and OPEC output below 30 million bpd target for fifth month. OPEC's oil output has risen further in February from December's 2-1/2-year low, due to more shipments from Iraq and Angola


Iraq Returns as World's Fastest-Growing Oil Exporter

By Alex Lawler and Peg Mackey, Reuters Iraq is reclaiming its rank as the world's fastest-growing oil exporter, cushioning consumers from Libyan supply outages for now and, perhaps, reviving OPEC market share rivalries down the road. Despite worsening violence due to spillover from the war


 
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