Gustav Threatens Offshore Production

Thursday, August 28, 2008
Forecasts say that Tropical Storm Gustav could regain hurricane strength and affect major offshore oil and natural gas production areas in the Gulf of Mexico also portend a significant threat to onshore energy sites, the Houston Chronicle reported. As they prepare for a possible hit from Gustav, operators of such facilities hope improvements they made in rebuilding after the 2005 storms will improve their odds of weathering the next one. Oil futures rose $1.87 to $118.14 a barrel Wednesday on the New York Mercantile Exchange. Natural gas increased 20.7 cents to $8.485 per million British thermal units. In preparation for the storm, offshore drillers began securing wells, pulling up equipment and bringing workers ashore on Wednesday. Transocean, the largest offshore drilling contractor, said it was suspending operations at all 11 of its rigs in the Gulf and had started evacuating about 1,550 people. Noble Corp. expected to evacuate about 600 people from its seven Gulf rigs, while Pride International planned to remove 650 people from 10 rigs and three of its customers' production platforms, company officials said. All of those workers should be onshore by Saturday, they said. Shell Oil said it brought 400 workers ashore on Wednesday, and more than 800 more will be evacuated by Saturday. BP has also said it's bringing nonessential workers ashore. Source: Houston Chronicle
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

BOEM Extends O&G Lease Comment Period

The Bureau of Ocean Energy Management (BOEM) is extending the public comment period for the Request for Information (RFI) and Comments on the Preparation of the

Total E&P is First to Use FROG-XT4

Total E&P is the first to use Reflex Marine’s newly developed FROG-XT4 on the Odudu field in Nigeria. The French operator purchased the crew transfer device

New Standard gets Revised Program for Cooper Basin Approved

New Standard Energy Limited (New Standard) advises that it has received approval for amendments to its five year work program in PEL570 in the Cooper Basin. As part of the revised program,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0996 sec (10 req/sec)