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Spirit Energy

Spirit Energy Partners To Acquire Assets of Tana Oil and Gas

Unocal Corporation's Spirit Energy 76 unit announced its Spirit Energy Partners, L.P., affiliate has agreed to acquire substantially all the Gulf of Mexico shelf assets of Tana Oil and Gas Corporation. The Tana acquisition includes interests in 12 proven properties and nine offshore platforms. The purchase price was not disclosed. Tana has an estimated net risked resource potential of more than 18 million barrels of oil equivalent (MMBOE), including more than 10 MMBOE in proved reserves. Estimated average annual production for 2000 is more than 10,000 BOE per day. "The acquisition of the Tana assets will provide the opportunity to enhance Spirit Energy's position in areas where we already possess a strong foothold and enjoy highly profitable operations," said John T. Donohue, president of Spirit Energy 76. "These assets can be integrated immediately into our portfolio." The transaction became effective Oct. 1, 1999. Closing is expected February 3, 2000. A majority of the purchase price will be financed by Spirit Energy Partners, an entity formed by Unocal and The Northwestern Mutual Life Insurance Company to acquire producing properties in existing areas of operation. Unocal's 50-percent interest will be accounted for on an equity basis.


Unocal Announces Deepwater Gulf of Mexico Discovery

discovery on the Mad Dog prospect in the Gulf of Mexico deepwater Green Canyon block 826. The well encountered 300 net ft. of hydrocarbons, primarily crude oil. Spirit Energy holds a 25-percent interest in the 2.5-block drilling unit encompassing most of the Mad Dog structure. Based on the available data, the company believes its net resource potential for the Mad Dog drilling unit is likely in excess of 100 million boe and possibly as high as 200 million boe.


Spirit Energy 76 Says Mad Dog Appraisal Well Successful

Unocal Corporation's Spirit Energy 76 unit said the appraisal well drilled on the Mad Dog prospect in Green Canyon block 782 encountered 250 ft. of oil pay in zones that appear to correspond to those penetrated by the discovery well. The appraisal well was drilled to a measured depth of 20,268 ft. about two miles north of the discovery well. A sidetrack to the main appraisal well was drilled to 21,560 ft., and the results are under evaluation.


BC Ferries’ Vessel to Undergo $13M Upgrade

The Spirit of Vancouver Island will be removed from service on the Swartz Bay to Tsawwassen route for its annual refit and a major passenger services upgrade on Tuesday, January 3, 2006. Similar to the 2005 upgrade of the Spirit of British Columbia, the Spirit of Vancouver Island will see all the interior passenger areas completely renovated. Among the improvements to the 1994 vessel will be an upgraded cafeteria, a redesigned buffet, renovated washrooms, new seating


Round Table Meeting in Beijing

In connection with a recent Shipping Industry meeting in Beijing the four Chairmen of the Round Table of international shipping associations (RT) which comprises BIMCO, ICS, Intercargo and Intertanko, met to discuss issues of common interest including piracy, the plight of the “Hebei Spirit” officers and practical measures to reduce Greenhouse Gas emissions from ships. The state of lawlessness and recent escalation of piracy attacks in the Gulf of Aden is of enormous concern to


LNG Tanker Creole Spirit Headed for Portugal from US

Creole Spirit (Photo: Teekay)

The Creole Spirit liquefied natural gas (LNG) tanker is destined for Portugal from the U.S. Sabine Pass project, two trade sources said.   Creole Spirit is the sixth cargo to be exported by Cheniere Energy Inc's project and the first to come to Europe.   The cargo was purchased by Portugal's Galp Energia , one source said.     (Reporting by Sarah McFarlane)


Tasmanian Ferry Docks for Final Time

The Spirit of Tasmania III has docked in Devonport for the final time. The Sydney-to-Devonport ferry made a low-key entrance to northern Tasmania on Monday, almost two months after its sale to Mediterranean operator Corsica Ferries. Spirit III's final voyage lacked the fanfare of its launch in January 2004, when it was billed as a tourism boon to the island state. Tasmanian Premier Paul Lennon announced the ferry's sale in June, saying the loss-making vessel was no longer viable.


Teekay Offshore Acquires FPSO & New Shuttle Tanker

Teekay Offshore Partners L.P. (NYSE:TOO) announced that is has completed the acquisition of the Cidade de Rio das Ostras floating production storage and offloading (FPSO) unit from Teekay Corporation (NYSE:TK) for a purchase price of approximately $158m. The partnership also announced that its 51 percent-owned subsidiary, Teekay Offshore Operating L.P. (OPCO), has acquired the newbuilding shuttle tanker, the Amundsen Spirit


New Research Vessel Taps Hybrid Power

Photo courtesy of Corvus Energy

Battery hybrid provides clean, quiet, fuel‐efficient research platform on Long Island Sound.     Corvus Energy, Northern Lights and BAE systems now power Spirit of the Sound, a floating marine education classroom and research vessel. The vessel, a 65‐foot catamaran, will operate in Long Island Sound for The Norwalk Aquarium in Connecticut.    The Corvus Energy lithium battery will provide the high-density energy storage for propulsion and house loads


Marines Thwart Biggest Bunker Robbery in Singapore

MT Almi Spirit. Photo by Taurus Tankers

 Malaysian Maritime Enforcement Agency (MMEA) in Johor Baru thwarted the biggest robbery attempt so far this year on marine fuel oil (MFO).   MMEA director-general Admiral (Maritime) Ahmad Puzi Ab Kahar said in a Twitter message that the robbers went on board the MT Almi Spirit at 7am and that MMEA boats had intercepted the vessel.   “ALMI SPIRIT was boarded by six robbers in the Straits of Singapore at 7am


Finland's 1st LNG Terminal Opens

Image: Gasum Oy

Finland’s first liquefied natural gas (LNG) import terminal at Pori on the west coast was officially opened, says Gasum. Deliveries of LNG to customers began on the same day, the company said in its statement.   It enables LNG deliveries to industrial


ClassNK to Host Floating Offshore Wind Round Table

Photo: ClassNK

ClassNK, Japan’s an  international certification and classification society, will host a round table discussion about floating wind technologies on the sidelines of Wind Energy Hamburg (WEH) on September 26.   “ClassNK is one of the leading classification societies


IMO Releases New Guides for Energy Efficiency Regulations

Photo:  International Maritime Organization (IMO)

 Three new guides that will support States to effectively implement IMO-adopted mandatory energy-efficiency measures for shipping have been rolled out during a training under the Global Environment Facility (GEF)-United Nations Development Program (UNDP)-International Maritime Organization


Pavilion Energy, ExxonMobil Join on Singapore LNG Bunkering

Image: Exxon Mobil Corp

 Pavilion Energy Pte Ltd (Pavilion) and Exxon Mobil Corp. (ExxonMobil) will work together to develop liquefied natural gas (LNG) bunkering in Singapore, as well as other downstream projects, reports the Straits Times.   Both companies will also look at developing other downstream


GAC, Forth Join Forces to offer Mooring, Terminal Solutions

GAC Herman Jorgensen and FLMS sign the deal

GAC UK and Forth Logistics Marine Services (FLMS) have formed a partnership to provide mooring and related terminal services around the UK. Formed on the back of a long term contract in the River Forth with an oil major to be announced later in the year


Plan Introduced to Drive US Offshore Wind Energy

Photo: U.S. Dept. of Energy

A new collaborative strategic plan has been published today which aims to continue accelerating the development of offshore wind energy in the United States.   Announced by U.S. Secretary of Energy Ernest Moniz and U.S. Secretary of the Interior Sally Jewell, the plan


North Sea Decommissioning Forecast to Blossom After Yme Removal

Graph Source: Douglas-Westwood’s North Sea Decommissioning Market Forecast 2016-2040

 AllSeas recent successful removal of the Yme platform was the first job completed by the Pioneering Spirit – demonstrating that the world’s first single lift vessel (SLV) was back on track after a spate of recent delays.   


First Offshore Exhibition at Maritime Museum Rotterdam

Frits Loomeijer, General Director of the Maritime Museum

Over forty-five leading companies in the shipping and offshore maritime sector are among those who have contributed to the funding for the first ever exhibition in the Netherlands dedicated to the offshore sector, to be housed at The Maritime Museum Rotterdam for the next seven years


New Software Aims to Transform Ship Maintenance

(Photo: BAE Systems)

A consortium of technology suppliers led by BAE Systems is developing software that monitors the equipment, fuel and energy performance of a ship to provide real time information that will help the U.K. Royal Navy and commercial organizations better manage their fleets.  


BV & Ship-to-Ship LNG Bunkering

Ship-to-ship LNG bunkering

Bureau Veritas is supporting the adoption of clean fuel LNG through the classification of both vessels in the world’s first ship-to-ship LNG bunkering operation between two independent ocean-going vessels. On September 3 2016, Terntank Rederi’s M/T Ternsund bunkered LNG from Coral


IEA: Global Energy Investment Down 8% in 2015

While the plummet in energy spending should come as little surprise to anyone knowing anything about global maritime and energy markets, the International Energy Agency helped to put the precipitous drop in perspective, reporting that the global energy spend was down 8% in 2015.  


MN100: GE Transportation Marine

(Photo: GE)_

The Company: GE Transportation is a global digital industrial leader and supplier to the marine industry. Established more than a century ago, GE Transportation is a division of the General Electric Company that began as a pioneer in passenger and freight locomotives


Next Steps in IMO’s Energy Efficiency Training

Photo: International Maritime Organization (IMO)

 International Maritime Organization (IMO) is continuing its work to support developing countries to prevent air pollution and greenhouse gas emissions from ships with a global training exercise held in Batumi, Georgia (12-14 September).   


Statoil to Supply Small-scale LNG to Baltics

Norway's Statoil will supply small-scale liquefied natural gas (LNG) to terminals in the Baltic Sea through Lithuania's Klaipeda LNG terminal, a company official said on Thursday. The move comes after the energy firm signed an agreement on Thursday with Litgas and Lietuvos Duju Tiekimas


Salvors to Remove Fuel from Capsized Riverboat

Spirit of Sacramento capsized near Bethel Island, Calif. (U.S. Coast Guard photo by Adam Stanton)

Efforts to prepare the capsized riverboat Spirit of Sacramento for fuel removal operations are being conducted by the U.S. Coast Guard, California Department of Fish and Wildlife's Office of Spill Prevention and Response and other partner agencies.  






 
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