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Hess Signals Guyana's Seventh Oil Platform
Hess Corp on Thursday said drilling results expected this month could add a seventh platform in Guyana, which would lift the nascent oil producing nation's output above the 1.2 million barrels of oil equivalent per day planned.The U.S. oil producer is part of the Exxon Mobil Corp-led consortium that controls all production in the tiny South American nation. The group has confirmed so far plans for six floating production vessels in the countryâŠ
New System Reduces Underwater Radiated Noise from Ship Propellers
Oscar Propulsion Limited and the University of Strathclyde have come up with a way to reduce underwater radiated noise from ship propellers.According to Oscar Propulsion, its patented PressurePores system reduces propeller tip vortex cavitation by applying a small number of strategically placed holes in the propeller blades. The addition of these pressure-relieving holes allows ships to operate with a more silent propeller.Lars EikelandâŠ
US Lease Sale off Alaska Coast Draws One Bid
The U.S. government on Friday received just a single bid, from Hilcorp Alaska, for oil and gas drilling rights off the coast of Alaska the first federal auction in the region in more than five years.The offer of nearly 1 million acres in the Cook Inlet was among the concessions to the oil and gas sector included in President Joe Biden's signature climate change law, the Inflation Reduction Act (IRA).Under the law, the Interior Department is required to hold the sale by Dec. 31.
Sembcorp Delivers 8th-generation Drillship Deepwater Titan to Transocean
Singapore-based shipbuilder Sembcorp Marine has delivered Deepwater Titan, the worldâs second 8th-generation drillship, to Transocean subsidiary Triton Titan GmBH.Deepwater Titan is the second of two new 8th-generation drillships constructed by Sembcorp Marine based on the groupâs Jurong Espadon 3T design. The dual-derrick drillship is the first-ever unit delivered with two 20,000-psi blowout preventers (BOPs)âŠ
Two Offshore Drilling Firms Set to Merge
Offshore drilling firms Seadrill Limited and Aquadrill (ex-Seadrill Partners) on Thursday announced a definitive merger agreement under which Seadrill will acquire Aquadrill in an all-stock transaction. When the transaction is completed, Seadrill shareholders and Aquadrill unitholders will own 62% and 38% of the common shares in the new company, respectively. Based on Seadrill's 30-day volume-weighted average share price of US$31.25 on the NYSE as of December 22âŠ
Great Ships '22: Deepwater Atlas, âWorldâs First Eighth-Gen Ultra-Deepwater Drillshipâ
Marijana Sosic, Manager, Technical Marketing at Transocean, discusses some of the outstanding features of the Deepwater Atlas â Built in Singapore at Sembcorp Marine's Jurong Shipyard and flying the Marshall Islands flag â and sister-ship Deepwater Titan , which together represent an investment of more than $2 billion.The Deepwater Atlas was launched this year in Singapore. What, specifically, is soâŠ
Westwood: Record Levels of FPS Throughput Capacity to be Sanctioned in 2022
As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3.8 bcfd of gas) of FPS throughput capacity sanctioned year to date (YTD). This represents a 7% increase on 2021, with Westwood anticipating an additional 180 kboepd of FPS throughput capacity to be sanctioned before the end of the year.
Platform Supply Vessel to Ship CO2 for Storage Under North Sea Seabed
A platform supply vessel, normally used to deliver goods to offshore oil and gas platforms, is undergoing preparations in the Danish Esbjerg port to carry CO2 containers for storage in the North Sea.Offshore vessel owner Blue Water and offshore energy industry services firm Semco Maritime are rebuilding and upgrading the vessel Aurora Storm to become part of the Danish carbon capture and storage projectâŠ
Valeura Energy Books Tanker for Gulf of Thailand Oil Field
Oil and gas company Valeura Energy has entered into a definitive agreement with PT Samudra Alam Transport to charter the MT Vula crude oil tanker to store oil produced from the Wassana oil fieldâŠ
3-Year Deal: Survitec to Maintain Life Saving Equipment on Valaris' Offshore Rigs
Offshore drilling operator Valaris has extended its service agreement with Survitec, a provider of survival technology solutions, for another three years.The master service and supply contract, originally signed in 2016, covers the annual and five-year inspection, servicing, and maintenance of LSA, including lifeboats, davits, and fast rescue crafts across Valarisâ global fleet of 11 drill ships, 5âŠ
Zero-C Offshore: A New UK Firm Aiming to Address âChronicâ FIV Shortage
The global offshore wind industry is staring down a potential shortage of foundation installation vessel capacity. A new UK company led by former offshore drilling executive Jon Oliver Bryce intends to help tackle this challenge as the industryâs first pure-play foundation installation vessel (FIV) firm.The number of planned offshore wind projects globally is growing, spurred by green targets and a shift away from Russian oil and gas.
BWC Contracts with Ecochlor Containerized BWMS Solution
Ballast Water Containers, part of the Malin group, said it has secured a contract from Ecochlor for the design and manufacture of a containerized ballast water management system.
Fortunes Return to the Sea as the Wind Blows Offshore
The results of fortunes and failures are often described as a âperfect stormâ. The COVID pandemic, domestic inflation, labor issues and current geopolitical events have brought that description to a peak. A promise of a ânew normalâ emerged post pandemic, with a vision of alternative energy, alternative fuels and alternative supply chain logistics to help toward solving some of the problems, heralding a world of change with reduced emissionsâŠ
AIP for C-Claw Fastener for Marine and Offshore
Bureau Veritas delivered an Approval in Principle to COLD PAD, an industrial start-up, for its C-Claw technology, a heavy-duty fastener for steel structures that is non-intrusive (no hole and no hot work is required). It was designed as an alternative to welding and drilling for the maritime and offshore sectors. The technology offers a quick fastening solution for any structural outfitting, maintenance and modification operationsâŠ
DPS Safety Alert Follows DP3 Drillship Blackout Investigation
The United States Coast Guard issued the following Marine Safety Alert rergarding Dynamic Positioning Systems.Dynamic positioning (DP) systems1 meeting equipment class 2 (DP2) and equipment class 3 (DP3) have control features and redundancies that are often regarded by the crews of vessels using these systems as infallible. A recently investigated DP incident revealed that a DP system may still have weaknessesâŠ
NFE's Louisiana Offshore LNG Plant Start-up Slips to 2H 2023
U.S. firm New Fortress Energy Inc's proposed Louisiana offshore liquefied natural gas (LNG) facility likely will not begin operation until the second half of 2023, people familiar with the matter said on Monday.The 2.8 million tonne per year export project initially was proposed to start next March but has faced delays during its permit review. U.S. regulators on Friday lifted a stop-clock order. The soonest the facility could begin producing LNGâŠ
World's First 8th Generation Drillship Starts Maiden Contract
Offshore drilling company Transocean said Thursday that its Deepwater Atlas, the world's first 8th generation drillship, had started its first contract.The offshore drilling rig, delivered by Singapore's Sembcorp Marine in June, is under a contract with Beacon Offshore Energy in the U.S. Gulf of Mexico.The Deepwater Atlas is the first of two ultra-deepwater drillships based on the Sembcorp Marine's Jurong Espadon 3T design.
Havila Lines Up Contracts for Two PSVs
Norway-based Havila Shipping ASA said it has entered into contracts with Peterson Den Helder BV for two of its platform supply vessels (PSV), Havila Borg and HavilaâŠ
MMA Offshore to Support Beach Energy Operations in Bass Strait, Australia
Australian offshore vessel owner MMA Offshore has secured a vessel contract with the oil and gas company Beach Energy.The MMA Coral will provide vessel support to Beach Energyâs two production platforms located in the Bass Strait, offshore Australia. The vessel will also provide subsea inspection and survey services and will support planned drilling operations.Starting in late November 2022, the contract is for a firm period of one year with an additional one-year option.
CMA CGM Inks Deal for Fleetwide Adoption of HydroPen Firefighting Tool
Viking Life-Saving Equipment secured a major order for its container fire-fighting tool HydroPen, following a decision by the CMA CGM Group to adopt the solution across its entire fleet.In 2020, CMA CGM ordered HydroPen sets to equip its larger containerships. The latest order means that CMA CGM will use the system on over 270 ships.HydroPen is attached to the deck hose as a combined drill and spray unit which penetrates the door of the box before extinguishing the fire at source.