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Limited Offshore

Great Lakes Ban on Offshore Wind Development Opposed

State Republican Reps. from districts in northern Michigan, introduced legislation banning research in or production of wind energy in the Great Lakes sharing a border with Michigan. The measure would prohibit the leasing for the placement, construction, operation or maintenance of any structure to research wind energy development, any wind turbine, or any equipment or structure related to a wind turbine, reports UPI. According to UI, Policy Director for the Michigan Environmental Council James Clift told Michigan Public Radio he considered it was too soon to limit offshore wind. UPI cite a 2010 report from the Michigan Great Lakes Wind Council that informed 35 percent of Michigan's Great Lakes are considered favorable for wind energy development. Source: UPI  


Expanded Offshore Drilling: Challenges Ahead

“You got to be careful if you don't know where you're going, because you might not get there.” • Yogi Berra Each rise in the price of oil and its companion hike in gasoline prices moves us further and further into uncharted territory.   What was once an academic argument over peak oil and how long our oil and gas would last is now front page news.   There is now a very public debate raging over whether new areas of 's coastline should be opened to


Atwood Oceanics Announces Vicksburg Contract

Atwood Oceanics, Inc. (a Houston based International Offshore Drilling Contractor) said that the VICKSBURG (owned and operated by its wholly owned subsidiary Atwood Oceanics Pacific Limited) has been awarded a two-year contract by Chevron Overseas Petroleum (Thailand) Limited ("Chevron") which will immediately follow Chevron's current eight (8) month drilling commitment offshore Cambodia. The VICKSBURG is presently working in Malaysia under drilling commitments with dayrates of $82,000 to $87


Keppel Terminates MPU Heavy Lifter Project

Further to the announcement on 1 July 2008, Keppel Verolme BV, a wholly owned subsidiary of Keppel Offshore and Marine Limited, has decided, after evaluating all possible options, to terminate the MPU Heavy Lifter project and commence the scrapping process of the concrete hull. Keppel Verolme has secured the necessary rights and endorsements from third parties to dismantle and dispose of the concrete hull which has no commercial value


Swissco Steps Into Offshore Rig Chartering Business

Image courtesy of Swissco

Singapore based marine service provider for the offshore oil and gas industry, Swissco Holdings Limited, informs it has entered into a definitive Sale and Purchase Agreement for the  S$285.0 million acquisition of Scott and English Energy Pte. Ltd. which will enable Swissco to move into the offshore rig chartering business. Swissco adds that the SPA was signed with Double Dragon Energy Holdings Limited for the acquisition of the entire issued and paid-up share capital in Scott and English


Motion Compensated Helideck to Launch at OTC

Image courtesy Barge Master

Aluminum Motion Compensated Helideck boosts offshore safety, reduces operational costs by increasing landing windows Barge Master, a producer of motion compensated equipment for the offshore industry, has partnered with Bayards Aluminium constructions, a specialist in lightweight and maintenance free structures for the offshore industry, to design the first aluminum Motion Compensated Helideck (MCH). Vessel motions can often have an adverse effect on the safety and costs of offshore


Keppel Strengthens Safety with Leadership Training Initiative

Keppel Shipyard Limited, the shiprepair unit of Keppel Corporation Limited through its wholly owned subsidiary, Keppel Offshore & Marine Limited (Keppel O&M), has launched a Safety Leadership Program. Aimed at ensuring that safety practices are built into everyday work processes, this new program is the latest initiative by the yard to achieve an incident-free work environment. The program reinforces and promotes safe work behavior through effective observation and intervention by


Subsea South Africa ExxonMobile Exploration

Exxon Mobil Corporation affiliate ExxonMobil Exploration & Production South Africa Limited, soon to start search for oil & gas deposits. The Tugela South Exploration Right covers approximately 2.8 million acres offshore Durban on the east coast of South Africa with water depths extending from the coastline to approximately 6,500 feet. The future exploration rights cover an additional 16 million acres offshore with water depths extending from the coastline to approximately 9,800 feet


MacGregor Winches for Malaysian Accommodation Barges

Photo: MacGregor

MacGregor has secured a winch package contract from Nam Cheong Limited group, a global offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited and Malaysia's largest offshore support vessel builder. Eight-point MacGregor mooring systems, with a 150-metric-ton line pull/270-metric-ton brake holding capacity, tugger winches and capstans have been specified for two new 500-men accommodation work barges being built at the yard


Founder Retires From Stolt-Nielsen BoD

Jacob Stolt-Nielsen

Stolt-Nielsen Limited has announced that Jacob Stolt-Nielsen, the visionary entrepreneur who founded the company in 1959, will retire from the SNL Board of Directors effective December 15, 2014, thus formally concluding his career at the company, 55 years to the date of its founding. He will continue as Honorary Chairman. Mr. Stolt-Nielsen, who is 83, conceived the innovative designs that led to the creation of the first parcel tanker. After founding Parcel Tankers, Inc


Damen Delivers First Twin Axe FCS for O&G

Merel-G (Photo: Damen)

Damen Maaskant Shipyards Stellendam have a decade-long relationship with the family-run Groen Offshore, Guard & Support, having built seismic research vessels and completing a majority of its repairs in the past.  On July 17, the two parties were united again in an event marking the


Offshore Wind Shift to Drive Vessel Services Cooperation

Photo courtesy of Seacat Services

Evolving procurement processes for U.K. Round 3 offshore wind farms will require a greater number of work streams, personnel with new and differing skills, and the ability to provide a larger suite of services, according to offshore energy support firm Seacat Services.


Sembcorp Marine Posts 17% Fall in Q2

Image: SembCorp Marine

 Low oil prices and muted sentiment in the industry continued to take a toll on Sembcorp Marine's second-quarter earnings.   The rigbuilder has announced that net profit for the three months ended June 30 sank 17 per cent to to $79.58 million (SGD 109 million), compared to $96


NOIA Applauds Senate Passage of OPENS Act

NOIA President Randall Luthi

NOIA President Randall Luthi issued the following statement on the Senate Energy and Natural Resources Committee’s passage of the OPENS Act, which will open new areas of the OCS to energy exploration and development, extend revenue sharing to participating coastal states


SembCorp Bags US$1bn Semi-sub Deal

Image: Sembcorp Marine

 Sembcorp Marine has signed an engineering and construction contract worth about US$1 billion to build the world's largest semi-submersible crane vessel for a unit of Netherlands-based Heerema Offshore Services B.V.    Scheduled for delivery in the fourth quarter of 2018


Subsea 7, KBR Team Up

Image: Subsea 7

 Oslo-listed offshore shipowner Subsea 7 has signed an agreement with Houston-based company, KBR and its subsidiary Granherne, to form an alliance in the delivery of concept and front end engineering and design (FEED) services.  


BV Extends Offshore Services with APSYS Partnership

Classification society Bureau Veritas (BV) informs it has extended the range of reliability solutions it provides for the global offshore industry through a partnership with aerospace risk management firm APSYS. Under the agreement, APSYS will adapt best aerospace practices and tools to the


5-Yrs Extension for Rig Heydar Aliyev

Maersk Drilling has won a contract extension for one of its offshore drilling rigs.

  Maersk Drilling has been awarded a 5-year contract extension for the semi-submersible Heydar Aliyev rig with BP Exploration (Shah Deniz) Limited acting as Operator of  the Shah Deniz field . The rig will continue working on the development of the Shah Deniz field in the Caspian Sea


BW Group Buys Dorian Stake

Photo: Scorpio Tankers Inc.

 Scorpio Tankers Inc has agreed to sell its 6 million common shares of Dorian LPG Ltd to BW Euroholdings Limited, a wholly owned subsidiary of BW Group Limited, for a purchase price of $15.34 per share.    The shares will be sold pursuant to an effective resale registration


Vallianz Bags $ 458 Mln in Charter Renewals

Courtesy  Vallianz Holdings Limited

  Vallianz Holdings Limited a fast growing provider of offshore support vessels and integrated marine solutions to the oil and gas industry, has signed new contracts valued up to US$458 million that has lengthened the charter duration for 19 of its offshore support vessels currently deployed


US Senator Introduces Bill to Stop Arctic Drilling

Oregon Senator Jeff Merkley (official portrait)

A piece of legislation aiming to stop offshore Arctic drilling was introduced last week by Oregon Senator Jeff Merkley. The legislation, entitled Stop Arctic Ocean Drilling Act of 2015, would prevent new or renewed leases for the exploration, development or production of oil


Shell Gets APD for limited Arctic Drilling

Bureau of Safety and Environmental Enforcement (BSEE) personnel conducted inspections of Shell Oil Co. marine vessels Noble Discoverer and the semi-submersible drilling unit Transocean Polar Pioneer in Dutch Harbor, Alaska

  After extensive review and under a robust array of safety requirements, Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno today announced that Shell has received conditional approval of two Applications for Permits to Drill (APD) to conduct limited exploratory


ABS Grants AIP for Jensen’s LNG ATB Design

Image: Jensen Maritime

A Jensen Maritime-designed, liquefied natural gas (LNG)-bunkering articulated tug-barge (ATB) has been granted approval in principle (AIP) by classification society American Bureau of Shipping (ABS). The designation establishes that Jensen’s vessel concept


NOIA Applauds RI Offshore Wind Project

Randall Luthi (Photo: NOIA)

National Ocean Industries Association (NOIA) president Randall Luthi issued a statement congratulating “steel in the water” for Deep Water Wind’s Block Island Wind Farm, stating an all-of-the-above strategy combining offshore wind with offshore oil and gas off the U.S


ABB hands over Germany’s DolWin1

Germany’s DolWin1 Photo ABB

  DolWin1 integrates 800 megawatts (MW) of clean energy into the German transmission grid ABB, the leading power and automation technology group, has successfully commissioned and handed over the DolWin1 offshore wind grid connection to the Dutch-German transmission system operator TenneT






 
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