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BOEMRE Calls for Public Input on Proposed 2012-2017 Gulf of Mexico Lease Sales

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Information to be Used to Prioritize Areas, Avoid Potential Conflicts NEW ORLEANS – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced it is seeking information and nominations from all interested parties regarding proposed oil and gas lease sales in the Gulf of Mexico Western and Central Planning Areas for the 2012-2017 Outer Continental Shelf (OCS) Oil and Natural Gas Leasing Program. BOEMRE will analyze information received in response to this Call for Information and Nominations (Call), which will primarily identify and evaluate areas with potential for oil and gas development, as well as determine possible environmental effects and potential conflicts in the Call area.  This is in addition to the information collected through the National Environmental Policy Act (NEPA) review process. Comments will be used to develop lease terms and conditions to ensure safe offshore operations. Comments will also be used to assess potential conflicts between offshore oil and gas exploration and development operations and state coastal management programs, and to develop proposed actions and alternatives in the NEPA review process.    “This early planning and consultation step, in addition to the NEPA-related reviews we are conducting, will ensure that all interests and concerns are communicated to us and are appropriately considered in decisions regarding the leasing process


Western GOM Lease Sale Attracts Bids of $337 Million

The Department of the Interior’s Bureau of Ocean Energy Management announced that its Western Gulf of Mexico Oil and Gas Lease Sale 218, held today in New Orleans, attracted $337,688,341 in high bids and included 20 companies submitting 241 bids on 191 tracts comprising over a million acres offshore Texas.   The sum of all bids received totaled $712,725,998. This announcement is consistent with steps President Obama announced in May 2011 to expand domestic oil and gas production


MMS Study of Loop Current in Eastern GOM

A study released by the Minerals Management Service examines the circulation in the Eastern Gulf of Mexico (GOM) and sheds new light on the behavior of the Loop Current (LC) and Loop Current Eddies (LCEs), the relation between the upper- and lower-layer currents, and the variability of water mass characteristics in deepwater. When the LC and the LCE are present in the Gulf near oil and gas activities, operators may have to curtail or amend their operations due to the strength of the current


Gulf of Mexico Oil Production on the Rise

Photo: Nabors

Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GOM crude oil production through 2016. EIA projects GOM production to reach 1.52 million barrels per day (bbl/d) in 2015 and 1.61 million bbl/d in 2016, or about 16% and 17% of total U.S. crude oil production in those two years, respectively.   The forecasted production growth is driven both by new projects and the redevelopment and


Ocean Installer in BP frame deal

Photo: Ocean Installer

 Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region.   The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning, and is valid for three years.  Specific work scopes will be carried out under individual call-off contracts, and accordingly no firm work is currently committed under the agreement.  


Chain Tensioning, Cutting Completed for FPSO Turritella

FPSO Turritella (Photo: InterMoor)

InterMoor said it has completed the final tensioning and chain cutting operations on the FPSO Turritella for the Shell Stones project, located in the Walker Ridge protraction area in the Gulf of Mexico (GoM).    The FPSO Turritella will connect to subsea infrastructure located beneath approximately 9,500 ft (2,896 m) of water, breaking the existing water depth record for an oil and gas production facility. This ultra-deepwater project marks the first FPSO for Shell in the GoM


Editor's Note

Despite seemingly best efforts by world leaders, it appears that the wild gyrations ,which are the hallmark of the oil industry, will never truly be tamed. For proof, simply check out the Offshore Market report on page 32, which touts the “lingering $30+” barrel of oil. Between the writing of that piece and this one (about a week), OPEC leaders had met, decided to boost production seven percent and sent oil prices screaming down below the $25 level


Magnum Hunter Reports 2001 Drilling Results

Magnum Hunter Resources, Inc. announced year-to-date 2001 exploration and development drilling results. The company has participated in 28 new wells with a 100 percent success rate. Six of the successful new wells were exploration, three in the shallow water shelf area of the Gulf of Mexico (GOM) and three onshore. The remaining 22 new wells drilled were onshore development locations. The 22 new development wells are located in Texas, southeastern New Mexico, and southern Oklahoma.


OSI Signs Agreement for Shuttle Tanker

Ocean Shipholdings, Inc. (OSI) has signed an agreement with ConocoPhillips and Samsung Heavy Industries. This agreement grants OSI the rights to the GoMAX 550 shuttle tanker design for transporting crude oil from the deep-water Gulf of Mexico directly to U.S. refineries. The diesel-electric powered, dynamically positioned 80,000 dwt double-hulled tanker design will have a capacity of 550,000 barrels of oil which can be loaded from various floating systems including Floating Production Storage


Volvo Penta Adds Western Branch Diesel

Western Branch Diesel Photo Volvo Penta

  Volvo Penta of the Americas today announced the appointment of Western Branch Diesel as an authorized marine Power Center. The company will be responsible for sales and service of Volvo Penta marine engines in Virginia, West Virginia and Ohio.   Founded in 1946, Western Branch Diesel is headquartered in Portsmouth, Va., just a few miles from Volvo Penta’s headquarters in Chesapeake, Va. The company has facilities in 10 locations in five states, with more than 280 employees


US Navy Destroyer to Patrol off Yemen amid Iran Tensions

The United States has sent a Navy destroyer to patrol off the coast of Yemen to protect waterways from Houthi militia aligned with Iran, two U.S. officials told Reuters on Friday, amid heightened tension between Washington and Tehran.  


UK, Continental Ferries Carried 8.8 mln Cars in 2016

Photo: UK Chamber of Shipping

 The number of cars taken by ferry has increased from 8.6 million in 2015 to nearly 8.8 million in 2016, a 1.7% increase. This is the fourth successive year of growth according to the annual results of the ferry industry.   2016 Ferrystat figures released today by Discover Ferries


Indian Navy Officers Assess TROPEX 2017

MiG 29K takes off from INS Vikramaditya. Photo: Indian Navy

 Admiral Sunil Lanba, Chief of the Naval Staff (CNS) embarked ships of the Indian Fleet (both Western & Eastern) over the last two days to review the ongoing Annual Theatre Level Readiness and Operational Exercise (TROPEX) 2017 which is presently underway since 24 January 2017. 


Australia’s New Ship Simulation Center Opened

HR Wallingford’s Australia Ship Simulation Centre in Fremantle boasts state-of-the-art ship and tug simulators (Photo: Wallingford)

A new specialist Ship Simulation Center, based in Atwell Arcade, Fremantle, was officially opened on Thursday, February 9, 2017 by City of Fremantle Mayor Dr. Brad Pettitt.   The Australia Ship Simulation Center, owned and operated by HR Wallingford


Oil Spill after two Container Vessels Collide near Johar

At about 2350 hrs on 3rd January 2017, the Maritime and Port Authority of Singapore (MPA) was notified by the Johor Port Authority (JPA) of a collision between Singapore-registered container vessel WAN HAI 301 and a Gibraltar-registered container vessel APL DENVER off Pasir Gudang Port


Boxship Collision Causes Oil Spill on Singapore-Malaysia border

Nearly 300 tonnes of oil spilled into the narrow strait separating Singapore and Malaysia after a collision between two container vessels, the Singapore Marine Port Authority (MPA) said on Wednesday.   There were no reports of injuries and 12 anti-pollution craft had been sent to clean up


Box Ships APL Denver and Wan Hai 301 Collided

Pic: APL

 The container carriers APL Denver and Wan Hai 301 collided off Pasir Gudang Port in Johor, Malaysia, resulting in an oil spill.    Maritime and Port Authority of Singapore (MPA) said it was notified by the Johor Port Authority (JPA) of a collision between Singapore-registered


Asia Dry Bulk-Capesize Rates Firm as Weather Delays Weigh

File Image: a large bulk carrier underway (CREDIT: BSM)

Brazil-China rates climb to a 15-month high; about 80 capesize, panamax ships waiting to unload around Tianjin.   Freight rates for large capesize dry cargo ships on key Asian routes are likely to remain firm for at least two more weeks as bad weather conditions in China and Australia help


Asia Dry Bulk-Capesize Rates to Slip; Low Demand, Overcapacity Weigh

File Image: a typical bulk vessel underway (CREDIT: BSM)

Despite lower rates, rental prices doubled from last year; capesize vessels totalling 15 million DWT to be delivered this year - broker.   Freight rates for large capesize dry cargo ships on key Asian routes are likely to drift lower as tonnage volumes outpace cargo demand even as owners


Fugro Bags Australian Subsea Contract

Fugro has been awarded a contract from INPEX Operations Australia Pty Ltd (INPEX) for subsea services to be executed across the Ichthys facilities in the Timor Sea, located approximately 220 kilometres from the coast of Western Australia. INPEX is Japan’s largest oil and gas exploration and


Maritime Piracy Agreement broadened to cover Illicit Activity

​IMO has organized and funded exercises dealing with transnational organized crimes at sea, for maritime law enforcement officials from Djibouti Code of Conduct signatory States Photo IMO

An international agreement that has been instrumental in repressing piracy and armed robbery against ships in the western Indian Ocean and the Gulf of Aden has seen its scope significantly broadened to cover other illicit maritime activities, including human trafficking and illegal


Norwegian Shipping Firm Denies Polisario Accusation of Illegal Shipment

A Norwegian shipping firm on Thursday denied a tanker it manages had violated a European court ruling after Western Sahara's Polisario movement accused it of illegally transporting an oil cargo through disputed territory it claims. The Polisario independence movement this week called on the


Indian Navy's TROPEX 17 Gets Underway

Photo:  Indian Navy

 The Indian Navy’s Annual Theatre Readiness Operational Exercise (TROPEX) got underway on 24 Jan 17.    The month long exercise will have ships and aircraft of both the Western and Eastern Naval Commands, as also assets from the Indian Air Force


Strategic Marine, Abu Dhabi Ship Building Sign MoU

Photo courtesy Strategic Marine

Strategic Marine, one of the world’s leading specialist shipbuilding, fabrication and engineering companies, has teamed up with Abu Dhabi Ship Building PJSC (ADSB), a renowned provider of construction, repair and refit services for naval, military and commercial vessels


Asia Dry Bulk-Capesize Rates to Hold Steady

Floor may have been reached on Western Australia-China rates; dry cargo demand could fall 5.4 pct in first quarter.   Freight rates for large capesize dry cargo vessels on key Asian routes are likely to hold around the current levels next week on ample tonnage supply even as chartering






 
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