Offshore Energy Facilities News

Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad has announced the resignation of Encik Shaharul Rezza bin Hassan, Executive Director and Head of Offshore Marine Services (OMS) of Bumi Armada Berhad. Encik Rezza will officially relinquish his roles at the Group on the 28 of February 2018. He has requested an early release from the Group to pursue other interests outside the Group. Rezza joined Bumi Armada in September 2005 and prior to his current role as Head of the OMS business, he was the CFO. Bumi Armada Chairman Tunku Ali Redhauddin ibni Tuanku Muhriz said "I would like to thank Rezza for his contributions over the last 13 years and his dedication to grow the Company to what it is today.

After a few years of relative calm, the 2017 hurricane season wreaked havoc in the Atlantic and the Gulf of Mexico, causing widespread damage and human suffering, and exposing the vulnerabilities and strengths of American energy security. As the flood waters from Hurricane Harvey receded and Gulf coast residents embarked on the arduous road to recovery, the offshore energy industry took stock and counted its losses and blessings. Offshore energy facilities faired remarkably well compared to onshore energy facilities, many of which suffered catastrophic damage from flood waters.

Bumi Armada Bhd’s wholly-owned unit, Bumi Armada Caspian LLC, has signed a supplementary agreement worth RM576 million (USD 134 million) with Lukoil-Nizhnevolzhskneft LLC (Lukoil) for an additional engineering, procurement, construction and installation (EPCI) scope of work in Russia. Back in December 2013, Bumi Armada had bagged a 10-year, US$262 million contract from Russia’s Lukoil-Nizhnevolzhskneft Ltd. Bumi Armada said the additional scope will involve BAC’s marine spread to lay subsea pipelines and undertake post trenching and back-filling works on sections of the Filanovsky field in the Russian sector of the Caspian Sea. The works on the 20km of various pipelines will involve the Armada Installer and Armada Constructor vessels…

Lloyd's Register has won an inspection contract with Bumi Armada Berhad for its Armada Olombendo FPSO. The contract agreement provides Bumi Armada with access to Lloyd’s Register’s risk-based inspection services and technical software which will help to develop quantifiable risk profiles. These profiles will give critical knowledge and insight for Bumi Armada Berhad’s management team on how best to approach short and long term CAPEX/OPEX decisions. The built-in risk inspection strategies used in the contract with Lloyd’s Register also provides a robust template for Bumi Armada Berhad’s baseline inspections and maintenance program while ensuring resources are focused on the high priority items first.

Bumi Armada Berhad, Malaysia-based international offshore energy facilities and services provider celebrated the naming ceremony of the Armada Olombendo Floating Production Storage and Offloading (FPSO) last weekend. Armada Olombendo FPSO represents Bumi Armada’s largest FPSO and it will operate in Angola on Block 15/06, East Hub, a wide area of 2,984 square-kilometer (km2) in the Angolan deep offshore, located approximately 350 km northwest of Luanda and 130 kilometer west of Soyo.

The Offshore Marine Service Association (OMSA) applauds Congress for its passage of the Security and Accountability for Every (SAFE) Port Act. The legislation contains a key provision that will help reduce the risk of terrorist activity in America’s offshore oil and gas sector. Offshore drilling and production facilities have been vulnerable because there was not requirement for foreign vessels to report security information to the Coast guard when they go to work in offshore areas, according to OMSA. Currently, foreign vessels that call on U.S. ports are required to report information on crewmembers, vessel owners, cargo and the extent of their security plans.

According to Newsday, the trend of companies proposing offshore energy facilities around Long Island is making some citizens anxious. Operation SPLASH, a nonprofit Freeport group that promotes clean waterways, has watched with growing unease as plans were announced for the Broadwater liquefied natural gas terminal in Long Island Sound and, in the Atlantic Ocean, a wind turbine park and another LNG terminal. Many of those who make their living on the water or use it for recreation, as well as environmentalists, have concerns about the implications of each project. And they worry about the environmental impact of placing these kinds of facilities off the shores of a heavily populated region.

Another big increase in exhibitors is already a reality for the NEVA 2003 Exhibition in St Petersburg, Russia, 22 - 25 September. "The message is clear the doors for new business are open, the time is right", announced the Exhibition Organisers at their recent Press interviews in St Petersburg. It is understood that Russian industries by themselves cannot meet the demand for shipbuilding, ship equipment, port developments, inland waterways and offshore energy facilities. Foreign manufacturers and suppliers are required to join in these modernisation plans. New National Pavilions are expected from Italy, Holland and USA this year, joining the enlarged traditional groups from Germany, Finland, Croatia, Ukraine, Denmark, Norway and the Baltic States.