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Oil And Gas Industries News

09 Jan 2024

DeepOcean Adds Converted Offshore Support Vessel to Its Fleet

(Credit: DeepOcean)

Ocean services provider DeepOcean has agreed to charter a converted, battery-powered vessel to further enhance its subsea offering to the offshore renewables and oil and gas industries.DeepOcean has entered into a long-time charter agreement for the Island Condor – to be renamed Island Ocean multi-purpose support vessel (MPSV) – following conversion and upgrade.The vessel has been chartered from Norwegian shipowner Island Offshore., with the contract starting in the third quarter of 2024.

22 Mar 2023

DeepOcean's Fleet Gets a Boost with Olympic Ares Vessel Charter

Subsea services firm DeepOcean has taken the Olympic Ares multi-purpose support vessel (MPSV) on a two-year charter. The vessel is owned by the Norwegian shipowner Olympic Subsea.The vessel is a modern construction support vessel equipped with a 250 Te crane. It will provide subsea inspection, maintenance, and repair (IMR), light construction, and recycling services to DeepOcean’s clients in the offshore renewables and oil and gas industries.Øyvind Mikaelsen, CEO of DeepOcean…

17 Oct 2022

Nord Stream Breaches a Stark Reminder of Undersea Infrastructure Vulnerabilities

The gas leak at Nord Stream 2 in September seen from the Danish F-16 interceptor on Bornholm. Photo: Danish Defence

On the night of September 26, near the end of the calm season on the Baltic, a broiling kilometer-wide circle disturbed the face of the sea and a huge mass of methane erupted into the air. The gas formed a cloud that crossed Europe, in what’s considered the greatest single release of this potent greenhouse gas ever recorded.It was caused by four breaches of Russia’s Nord Stream 1 and 2 gas pipelines, located in or near the territorial seas of Denmark and Sweden. Seismologists detected explosions at a depth of 70-90 meters on the seabed.

07 Oct 2022

Thoma-Sea to Build New Cameron Ferries

(Image: Elliott Bay Design Group)

Tthe Louisiana Department of Transportation and Development (DOTD) announced this week that it received an apparent low bid from Houma, La. based Thoma-Sea Marine Constructors for the construction of two new ferry boats for the Cameron crossing in Cameron Parish. The bid was $49,706,865.Designed by Elliott Bay Design Group, the new boats will be 190’ x 50’ x 13’ and will replace the M/V Cameron II, which was built in 1964. The boats will be end-loading vessels in order to load and unload large commercial vehicles.

16 Aug 2022

Bombora Wraps Up Tank Testing of Floating Hybrid Energy Platform

Credit: Bombora

Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform.An adapted version of the semi-submersible INSPIRE platform, developed in partnership with TechnipFMC, underwent tank testing evaluations to confirm the system loads and dynamics at the FloWave test facility at the University of Edinburgh.Head of Loads and Modelling at Bombora…

12 Jan 2022

EU Shipping Plan Leaves Millions of Tons of CO2 Unregulated

© Mike Mareen / Adobe Stock

European Commission proposals to bring shipping into the bloc's carbon market contain exclusions for small commercial and military vessels that would leave millions of tonnes of CO2 emissions unregulated, an NGO study showed on Thursday.With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions. So far, the industry has avoided the EU's system of pollution charges.Under proposals announced in July 2021, shipping would be added to the European Union Emissions Trading System (ETS) from 2023 phased over a three-year period…

28 Oct 2021

Marine Biofouling in Ports: Wet Docks Acting as ‘Hot Spot’ Biofouling Transfer Stations

Figure 3.  Ships Sea Water Cooling System Components. Source: The Author

The GEF-UNDP-IMO Glofouling partnership (2017) is a global initiative to counter the environmental issue of invasive aquatic species (IAS) and the resulting harmful ecological and financial damage that can occur when such invasion events are introduced through the medium of biofouling on ships hulls and other marine structures such as those found in the oil and gas industries.One of the key objectives of the Glofouling project is to develop a Global Knowledge Hub and also identify…

06 Oct 2020

Jack-Up Barge Solutions Target Offshore Efficiency

(Photo: Jack-Up Barge)

Dutch offshore self-elevating platform and services provider Jack-Up Barge BV believes innovative and cost-efficient solutions are needed now more than ever across the offshore oil and gas and renewables businesses.The current market faces challenges, from the COVID-19 pandemic and low oil prices to wind farms that have spiraled in size from 2-3 MW turbines to 12 MW turbines in just a few years. It’s a constantly changing landscape, and the risk is that if the industry keeps doing things the same way, it’ll get the same results, says Jack-Up Barge.

19 May 2020

Interview: John Waterhouse, EBDG - “Be Bold in Thinking but Cautious in Application”

“I think we need to be bold in our thinking, but cautious in our applications. It doesn’t cost that much money to play around with ideas; and that small investment could turn up some great benefits. But if you’re afraid to make that initial investigation, things will pass you by.”
John Waterhouse, Elliott Bay Design Group

John Waterhouse is a ubiquitous character in the U.S. maritime industry, a deep-thinker, a signature bow tie and more than three decades of naval architecture and marine engineering experience and success as co-owner of the Seattle-based Elliott Bay Design Group (EBDG).While growing up, John Waterhouse spent some time in Vancouver, BC, Canada, and it was as a young boy standing on the shores of English Bay, watching ships come in from around the world to load and unload their cargos, when he realized that a maritime career could be his future.

12 Mar 2020

CITB Adds Shallow-draft Tug in Alaska

(Image: CITB)

Cook Inlet Tug and Barge (CITB) is adding a versatile shallow draft tugboat, the Bristol Wind, to its fleet in mid-April. The uniquely designed tug will join her sister vessel, the Capt. Frank Moody, in support of the construction, and oil and gas industries' remote cargo transportation needs along the Arctic coastline."Drawing just 3.2 feet, the Bristol Wind is uniquely designed to operate efficiently as a coastal tug. She has the unique ability to lighten the draft when water…

27 Feb 2020

Tubes and Piping Most Prone to Failure -Report

© Vlad Warsaw / Adobe Stock

When it comes to components failures in the maritime and oil and gas industries, tubes and piping are the top offenders, new research published by classification society DNV GL reveals.After reviewing more than 1,000 failure cases accross its network of five specialist laboratories in the U.S., Europe and Asia, DNV GL identified that, of the components examined, more than a quarter (27%) of failures occur in tubes and piping, and a fifth (20%) in rotating machinery. Fasteners…

25 Feb 2020

Marine Jet Power Adds NZ Agent

Brent Paulsen, Director, Firstbreak (Photo: MJP)

Waterjet propulsion systems manufacturer Marine Jet Power (MJP) said it has appointed Firstbreak Ltd as an official sales and service agent, based in Christchurch, New Zealand.Under the terms of the new agreement, Firstbreak Ltd will offer MJP customers in-region support, including parts fulfilment and local service for builders and operators in New Zealand and other parts of Southeast Asia.With a long history in the marine, oil and gas industries Firstbreak Ltd, led by Brent Paulsen…

02 Dec 2019

HST Adopts Reygar's BareFLEET for its CTVs

Chris Huxley-Reynard, Managing Director, Reygar

High Speed Transfers goes global with BareFLEET, as the firm commits to monitoring and reporting best practice proven across European operations.High Speed Transfers (HST), a Crew Transfer Vessel (CTV) operator supporting the offshore wind energy and oil and gas industries, is adopting BareFLEET, Reygar’s advanced remote monitoring system, across the entirety of its fleet as the business looks to replicate its European successes in the U.S. and Taiwanese markets.Offshore energy is an increasingly global sector…

29 Aug 2019

Revenues Soar at Russia’s PAO Sovcomflot

Sergey Frank, President and CEO, PAO Sovcomflot. Photo: Sovcomflot.

PAO Sovcomflot (SCF Group), which serves the energy shipping and offshore services to the oil and gas industries, reported in the first half of 2019 revenues rose 16.6% ($828m vs. $710.1m), TCE revenue rose 19.1% ($609m vs. $511.3m) and EBITDA rose 42.4% ($381.2m vs. $267.7m) as compared to the first half of 2018.Highlights from the first half included:• Korolev Prospect, Vernadsky Prospect and Samuel Prospect LNG-fuelled 114,000 DWT Aframax tankers added to the fleet.•In March 2019, the Group celebrated the 10th anniversary of the start of LNG shipments from the Sakhalin-2 project.

17 Jun 2019

Mermaid Gets Funds for Two Vessels

Thailand-based offshore drilling services company  Mermaid Maritime Public Company said that  its subsidiary Mermaid Subsea Services Thailand (MSST) has entered into a $65 million loan deal with the Export-Import Bank of Thailand (Exim).As per the press release from the provider of subsea and drilling services to the offshore oil and gas industries, the objective of the loan is to extend the financing of the two company’s vessels, the Mermaid Endurer and Mermaid Asiana, for a further period of five years with the same lender.“The loan shall be applied to settle the indebtedness owed to Exim under a previous credit facility agreement for the two vessels and replacing that arrangement with the latest loan instead…

31 May 2019

ABB Outlines Future for Lowestoft Port

Associated British Ports (ABP), owner and operator of the Port of Lowestoft, has launched a consultation on the Port of Lowestoft Master Plan, a document that sets out ABP’s future vision for growth and development at the port from now until 2036, inviting stakeholders to have their say on the port’s future.Together with ABP's other two East Anglian ports, King’s Lynn and Ipswich, it contributes £360 million to the UK economy every year, supporting 5,300 jobs nationally.Coupled with ABP’s ongoing investment in its infrastructure, the Port of Lowestoft’s key location, makes it ideal to service important offshore wind developments off the East Anglian coast.The port supports construction and operational facilities for developments including the East Anglia One project…

29 May 2019

Keppel Orders PG Flow Solutions for Gimmi FLNG

Singaporebased Keppel Shipyard has awarded Norwegian liquid handling and pump specialist PG Flow Solutions a contract to supply high flow seawater pumps to the Gimi FLNG that is being converted at the yard.PG Flow Solutions will deliver four large seawater pumps, each with a capacity of 5,500 cubic metres of water per hour. The contract value is undisclosed.The seawater pumps will be used to cool down the onboard turbine steam condensers. As the LNG-fuelled vessel has steam turbines for power generation, the seawater pumps will provide continues flow of cold seawater to cool down the steam condensers and liquify the steam. The pumps…

21 Mar 2019

Africa's Preparedness in Oil Spill

Increased maritime traffic as well as offshore oil and gas industries in west and central Africa means more risks of oil spill in the region, pointed out International Maritime Organization (IMO).To strengthen the capability for preparedness and response of a potential oil spill, a workshop underwent in Abidjan, Côte d'Ivoire (18-21 March).The event aimed to help participants with to ratify and effectively implement IMO conventions relating to oil pollution and liability and compensation, said the UN Body.Participants were trained on how to best transpose IMO treaties into domestic laws. The workshop also looked at the technical context…

04 Mar 2019

New CEO at ​​​​Svanehøj Group

Left to right: CEO Søren Kringelholt Nielsen and Chairman Søren Ø. Sørensen (Photo: ????Svanehøj Group)

Søren Kringelholt Nielsen has been appointed as the new CEO of Svanehøj Group, a Danish designer and manufacturer of specialized deep well and in-line pumps for the marine and oil and gas industries.The new cheif executive comes to Svanehøj from Hydratech Industries, where he had been the CEO since 2012. His experience also includes several years at Siemens Wind Power in roles including director of the global blade business."With the appointment of Søren Kringelholt Nielsen, Svanehøj…

18 Nov 2018

Dell Technologies, Arundo Analytics Launch IoT Bundle for Maritime

American multinational information technology corporation Dell Technologies and  cloud-based software firm Arundo Analytics announced the launch of the IoT Bundle at The Royal Norwegian Consulate Shipping Conference held in Houston, Texas.The bundle consists of Dell Edge Gateway 5100 series devices combined with Arundo Edge Agent software, said a press release from the provideer of software to enable enterprise-scale machine learning and advanced analytics applications.Dell Edge Gateway 5100 devices are hardened and maritime class-certified, specially designed for advanced computing in remote or rugged environments. Arundo Edge Agent enables crews and operations and maintenance professionals to quickly and easily select…

21 Sep 2018

NOSAC Meeting Highlights

Representatives from the Coast Guard, offshore oil and gas industries, recognized organizations and numerous industry associations attended the National Offshore Safety Advisory Committee semi-annual public meeting in Houston, Texas Sept 11, 2018.Rear Adm. John Nadeau, assistant commandant for prevention policy, attended the meeting and discussed with the Committee the new Coast Guard commandant’s strategic vision for the service as well as the reorganization within the Office of Commercial Vessel Compliance to put an increased emphasis on Third Party Organization oversight.During the meeting, the Committee heard presentations and discussions on the progress of a variety of issues, including reports and recommendations stemming from the Subcommittees’ deliberations.

09 Nov 2018

MMT Inks 10 New Contracts over 2 Months

(Photo: MMT)

Swedish based marine surveyor MMT has during the past two months received 10 new subsea survey and inspection projects within the offshore wind, renewable energy and oil and gas industries.MMT said the contracts, some of which are in joint collaboration with MMT’s Norwegian partner Reach Subsea, come from a wide portfolio of old and new clients, including Siccar Point Energy, Equinor, Perenco, SSE, Örsted, Vattenfall, GreenLink Interconnector, National Grid, Wintershall and BP Trinidad.Services range from traditional geophysical surveys to unexploded ordinance (UXO) inspection and excavation…

21 Aug 2018

Wärtsilä is Building a Tech Hub in Vaasa

(Image: Wärtsilä)

Wärtsilä is building a new center of research, product development and production, in Vaskiluoto, Vaasa. As of 2020, all of Wärtsilä's functions and personnel in central Vaasa will transfer to the new Smart Technology Hub, along with the logistics and maintenance workshop operations from Runsor.As a part of the project, Wärtsilä will invest 83 million euros in modern testing and production technology for the hub. The total investment in the Smart Technology Hub will be in the region of 200 million euros…