McMoRan Receives USCG Update on Offshore LNG Project

Tuesday, July 25, 2006
McMoRan Exploration Co. has received correspondence from the U.S. Coast Guard regarding the remaining steps to be completed to obtain a Deepwater Port License for its Main Pass Energy Hub (MPEHTM) project. This information confirms McMoRan's expectation that the work completed to date will enable an expeditious processing of our license application. McMoRan submitted an amendment to its license application with the U.S. Coast Guard and the Maritime Administration (MARAD) on May 31 to obtain approval of its Main Pass Energy Hub project using Closed Loop technology. On July 21, the Coast Guard advised McMoRan that the information provided in the amendment along with information previously provided contain sufficient information to continue processing of the license application to incorporate Closed Loop technology. The Coast Guard also advised that they will prepare an Environmental Assessment (EA) to evaluate the application amendment. The EA will focus on the changes associated with the vaporization technology which was fully evaluated as a reasonable alternative in the Final Environmental Impact Statement published in March 2006. Following publication of the EA, the Coast Guard will conduct final public hearings in the adjacent coastal states, followed by a 45-day period to allow public comment and response by the Governors in the adjacent coastal states (Louisiana, Mississippi and Alabama). After the 45-day comment period, MARAD has up to 45 days to issue a Record of Decision. A copy of the Coast Guard letter outlining the process is being filed with this press release on Form 8-K with the Securities and Exchange Commission. McMoRan expects the EA would be published in late September 2006 with a record of decision by the end of 2006.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Premier Oil and Rockhopper Abandon Ocean Rig Contract

Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW.

US Oil Drillers Cut Rigs to Least in 6 Years

U.S. energy firms this week cut oil rigs for an eighth week in a row to the lowest levels since January 2010, data showed on Friday, as energy firms continue to

Eni, Exxon, Statoil Win Irish Offshore O&G Licences

The Irish government said on Thursday it had awarded oil and gas licences to companies including oil majors Eni, Exxon and Statoil , allowing them to explore for hydrocarbons off the coast of Ireland.

Tanker Trends

Libyan Navy Seizes Foreign Tanker

Libyan naval forces have seized a Sierra Leone-flagged oil tanker on suspicion of illegally entering Libyan waters in an attempt to smuggle gasoline, authorities said on Saturday.

Indiana Ports Sets Cargo Record in 2015

State's three ports handle 12 million tons for first time in 54-year history  INDIANAPOLIS (Feb. 11, 2016) - The Ports of Indiana handled over 12.2 million tons of cargo in 2015,

Owner Fined for 'Dangerously Unsafe' Vessel

The owner of a harbor tanker has been fined £3,000 with more than £7,000 costs after pleading guilty to a charge of operating a vessel for being dangerously unsafe.

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Pod Propulsion Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0770 sec (13 req/sec)