Hunter Join's World's First Scrubber VLCC Pool
Hunter Tankers, a subsidiary of Norwegian investment company Hunter Group, has selected Tankers International Ltd as commercial manager for its fleet of very large crude carriers (VLCCs).According to Oslo-based company, Tankers International, a chemical tanker company, would establish “the world’s first scrubber-fitted VLCC pool.”In addition to the Hunter vessels the pool will consist of vessels from Hartree Maritime Partners Ltd., International Seaways Inc., Oak Maritime (HK) Inc., and Ridgebury Tankers.The Scrubber Pool will consist exclusively of modern scrubber-fitted VLCCs operated and maintained to the highest standards and will, combined with TI’s existing VLCC pools, represent the largest VLCC fleet in the world with more than 70 VLCCs on a fully delivered basis.
Lockheed Martin in Australian Wave Energy Project
Lockheed Martin says it has signed a contract with Victorian Wave Partners Ltd. to begin developing the world’s largest wave energy project yet. The 62.5-megawatt peak power wave energy generation project will be built off the coast of Victoria, Australia, using Ocean Power Technologies' (OPT) PowerBuoy® wave energy converter technology. The company’s PowerBuoy wave generation technology uses a "smart," ocean-going buoy to convert wave energy into low-cost, clean electricity. The buoy moves up and down with the rising and falling of waves.
WaveRoller Obtains DNV GL Verification
WaveRoller, the wave energy device created by wave energy developer AW-Energy has received independent performance verification, taking the wave power industry one step closer to commercialization. WaveRoller received its validation after operating in fully exposed ocean environment during testing campaigns in 2012 and 2013. AW-Energy submitted detailed data covering wave conditions and device performance for external verification. Independent verification of the WaveRoller power…
NIRAS Joined by Peter Fraenkel & Partners
International engineering consulting company NIRAS has acquired Peter Fraenkel and Partners Ltd with 20 employees and a 40-year track record of worldwide marine civil and coastal engineering. Peter Fraenkel & Partners will obtain the name NIRAS Fraenkel, part of NIRAS Group A/S, and will work jointly with the Ports and Marine business unit of NIRAS. The business unit offers civil engineering consultancy within marine, coastal, ports, terminals and off shore installations in Europe, Middle East, Africa and Asia.
Energy Partners Declares Dry Hole
Energy Partners Ltd. has reported its Gulf of Mexico Shelf exploratory well in South Timbalier 214 No. 2 was drilled but did not find commercial hydrocarbons and is being declared a dry hole. New Orleans-based Energy Partners is currently drilling a well called La Psada in Vermillion Parish, La.
Energy Partners Declares Dry Hole
Energy Partners Ltd. has reported its Gulf of Mexico Shelf exploratory well in South Timbalier 214 No. 2 was drilled but did not find commercial hydrocarbons and is being declared a dry hole. New Orleans-based Energy Partners is currently drilling a well called La Psada in Vermillion Parish, La.
EPL Announces First Production from Well
New Orleans-based Energy Partners Ltd., reported its South Timbalier 41 Cap Rock discovery well is now online and is producing about 1,900 barrels of oil and 18 million cubic feet of natural gas per day. EPL is the well’s operator with 60 percent working interest and W&T Offshore Inc. holds the remaining 40 percent. EPL is an independent oil and natural gas exploration and production company with operations focused along the U.S. Gulf Coast, both onshore and offshore.
Keppel Wins Contract from SeaDrill
Keppel FELS Ltd has secured a $132 million contract from a wholly-owned special purpose company of SeaDrill Limited for a KFELS B class jackup rig. Delivery of this new order is expected in the second quarter of 2008. This order was secured via an option given to Odfjell Partners Ltd. (Odfjell) when it ordered its first rig in March 2004. Odfjell placed an order for its second rig in March 2005. In mid 2005, SeaDrill acquired Odfjell Invest Ltd. and was given the right to exercise Odfjell's option with Keppel FELS. Like the three jackups, this new rig will be of the KFELS B Class design. It is capable of operating in water depths of up to 400 feet, drilling depth of 30,000 feet and accommodating 112 men. Work on SeaDrill's first three rigs is progressing well at Keppel FELS yard.
SeaDrill to Build Jack-Up Rig with Keppel FELS
SeaDrill Limited has declared its option to build a fourth jack-up rig with Keppel FELS Ltd in Singapore. The rig will be of the KFELS B Class design, capable of operating in water depths of up to 400 feet and drilling depth of 30,000 feet. The contract price for the unit is US $132 million and is composed of a basis price of $117M, plus additional upgrades on the specification of USD 15 million in order to make the unit to a sister rig of SeaDrill 1 (Hull B-277) presently under construction by the same yard. The delivery of the rig is expected to take place in the second quarter 2008. This order was secured via an option given to Odfjell Partners Ltd (Odfjell) when it ordered its first rig in March 2004. Odfjell placed an order for its second rig in March 2005.
