Hebron News

C-NLOPB Updates Hebron Field Volume Estimate

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has approved the Development Plan Amendment (DPA) for the Hebron Field.The Hebron oil field is located offshore Newfoundland and Labrador, Canada, in the Jeanne d'Arc Basin 340 kilometers southeast of St. John's. The field was first discovered in 1980, and is estimated to produce more than 700 million barrels of recoverable resources. The water depth at the Hebron field is 93 meters.The approval enables ExxonMobil and…

Siem Offshore Inks 18-Month Charter Extension for AHTS Vessel in Canada

Norwegian offshore vessel owner Siem Offshore has secured a contract extension for one of its AHTS vessels in Canada.The extension is related to the Ice Class AHTS vessel "Avalon Sea," covering a firm duration of 18 months upon completion of the current term. The extension will ensure continued operations for the vessel well into Q2 2024. The 87-meter-long vessel was built in Poland's Remontowa Shipyard in 2015.According to MarineTraffic.com, the Avalon Sea left the Hebron platform in Canada's Atlantic and is currently an route to St. John's.

Siem, Solstad Offshore Vessels Net Deals in Canada, Brazil

Norwegian offshore vessel owners Solstad Offshore and Siem Offshore said Monday in separate statements they'd secured a contract for their offshore vessels.Solstad Offshore won a contract for its construction support vessel Normand Valiant with Brazil's Petrobras. Normand Valiant will provide accommodation services to support production activities on the Brazilian continental shelf. The charter is two years firm with an option of a two-year extension. The contract is expected to start in the second quarter of 2022.

Crown LNG Awards FEED Deal to Aker Solutions for Offshore LNG Terminal in India

Norwegian group Crown LNG has signed a deal with Aker Solutions as the main contractor to deliver a concrete gravity-based structure (GBS) for Crown’s offshore LNG terminal at Kakinada, India.Under the agreement, Aker Solutions and key subcontractors will first conduct the front-end engineering and design for the LNG terminal. Aker Solutions’ scope includes technical development of the concrete foundation and topsides, as well as the pipeline between the offshore regasification terminal and the onshore gas grid.

ExxonMobil's Canada Offshore Project Produces First Oil

The Hebron oil project off the coast of eastern Canada has produced its first oil, operator Exxon Mobil said on Tuesday, in a boost to Atlantic Canada's output after years of weak crude prices. At its peak Hebron will produce up to 150,000 barrels per day (bpd), Exxon said. It will help Atlantic Canada offshore production climb 44 percent to 307,000 bpd by 2024, according to estimates from the Canadian Association of Petroleum Producers. The platform is located 200 miles (350 kilometres) off the coast of Newfoundland and Labrador in depths of 300 feet (92 metres) and the oil field…

Teekay’s New Shuttle Tanker Delivered

Teekay Offshore said it has taken delivery of Beothuk Spirit, the first of three new shuttle tankers to serve East Coast Canada, built in Korea by Samsung Heavy Industries. Heritage Class sister vessels Norse Spirit and Dorset Spirit are scheduled for delivery in the first half of November 2017 and early-2018 respectively. The three Suezmax, DP2 shuttle tankers will provide crude transportation services to the Hibernia, Terra Nova, White Rose and Hebron offshore oil fields located in St. John’s, Newfoundland & Labrador.

Simulation: The Centre for Marine Simulation

St. CMS operates a range of marine simulation equipment that covers a broad range of marine and offshore activities. Much of the equipment is highly specialized and unique including fully motion capable simulators. The center also provides technical management and support of simulation equipment that is used by other parts of the Marine Institute. CMS simulation activities can be divided into three main areas; Training, Industrial Response, and Applied Research. To support these…

Keel Laid for Teekay’s First New Canada Tanker

Teekay Offshore will be the sole supplier and operator of shuttle tankers sfor East Coast Canada(ECC), says Teekay Corporation. On February 15, the keel laying ceremony for Teekay’s first shuttle tanker newbuilding for ECC took place at the Samsung Heavy Industries shipyard in Korea. This milestone marks the end of the block building period as well as the beginning of the next phase – to complete the newbuilding with all its systems. The shuttle tanker, the Beothuk Spirit, is expected to be delivered in August of 2017. This shuttle tanker is the first of three newbuildings to be provided for loading crude at Hibernia, Terra Nova, White Rose and Hebron offshore oil fields located in St. John’s, Newfoundland & Labrador.

Inland Marine Service Appoints New Leadership

Four corporate professionals have recently joined Inland Marine Service (IMS), announced Dave Hammond, President of Inland Marine Service. The new hires are Kristina Luna, HR Manager; Moses Garza, Tankerman Supervisor; Caleb King, Manager SHEQ/Compliance Director; and Brian Howell, Assistant Port Engineer. Reporting to Jason Adams, Luna will be based out of the Hebron office and will be responsible for all of the company’s human relations needs. Luna has 20 years of experience in employee management, human resources, event planning, marketing, and sales.

MN100: Inland Marine Service, Inc. (IMS)

As one of the largest inland vessel management companies in the United States, Inland Marine Service (IMS) offers services to keep vessels crewed with seasoned, highly skilled mariners. With over 700 employees, IMS is able to serve customers across the Western Rivers, East Coast, and the Gulf Intracoastal Waterways. These crews enjoy a reputation for getting the job done on time and within budget. With 30 years of experience on the river, dedicated safety practices, and highly trained crews, IMS is committed to providing customers with secure, reliable, timely and cost effective solutions.

IMS Launches Tankering and Plant Service Company

Inland Marine Service, Inc. (IMS) has partnered with Shawn Hantz of Third Coast Tankering, LLC to launch a new tankering and plant service division called Inland Marine Tankering, LLC (IMT), announced IMS president, Dave Hammond. IMS is a marine management company employing more than 700 professional mariners annually. The company is based in Hebron, Ky., with operations in Paducah, Ky.; St. Louis; New Orleans and Houston. “Two years ago, IMS began diversifying into other marine related business segments.

Aker Solutions Revenue Steady

EBITDA margin ex. EBIT margin ex. Aker Solutions' revenue was steady at NOK 8 billion in the second quarter of 2015 from a year earlier amid progress on major projects from Africa to Norway and Brazil. Earnings before interest and taxes (EBIT) were NOK 376 million, compared with NOK 472 million a year earlier. Aker Solutions secured NOK 3.4 billion in orders in the quarter, including a key maintenance, modifications and operations contract from ExxonMobil for engineering, procurement, construction and maintenance services at the Hebron oilfield offshore Canada. The company won strategically significant orders for early-phase studies for existing and potential offshore field developments in Malaysia, Australia, the Gulf of Mexico and Norway, including the Barents Sea.

Trojan Marinex BWTS Selected for Damen PSVs

Trojan Marinex announced that Damen Shipyards have selected the Trojan Marinex Ballast Water Treatment (BWT) system for a fleet of Platform Supply Vessels (PSVs) it is building for Atlantic Towing Limited – a Canadian-owned marine transportation company. “It’s been an exciting year for us,” said Marv DeVries, president, Trojan Technologies. “Our entire product suite achieved IMO Type Approval in March, AMS acceptance in August, and we are on course for U.S. Coast Guard Type Approval.

Atlantic Towing Orders Ice Class Damen PSVs

Atlantic Towing (USA) has selected newly-designed, ice-strengthened PSV 5000 vessels from Damen Shipyards Group to meet its 10-year offshore support contract with ExxonMobil Canada Properties and Hibernia Management and Development Company Ltd. (HMDC). The vessels will operate in the sub-arctic waters of the Hibernia and Hebron oil fields, off Newfoundland and Labrador. ATL will take delivery of four PSV 5000 vessels, one of which will be equipped for inspection, repair and maintenance duties.

ATL Secures 10-Year OSV Contract for ExxonMobil

Atlantic Towing Limited (ATL) announced today that it has secured a new 10-year firm contract, plus a total of 15 years of options at the Charterers’ discretion, with ExxonMobil Canada Properties and Hibernia Management and Development Company Ltd. (HMDC) for four new state-of-the art Platform Supply Vessels operating out of St John’s, NL. The first ships for the contract will be delivered in 2016 and will join Atlantic Towing’s current fleet of eight offshore support vessels in Atlantic Canada. The new contract means 100 new jobs at Atlantic Towing’s offshore fleet home port of St. John’s, NL. “ExxonMobil has been a valued customer…

Kvaerner Order Backlog Triples

At the end of Q1 2013 the Norwegian company's backlog totalled a record-high NOK 31.6 billion, including incorporated joint ventures. Kvaerner, a specialised provider of engineering, procurement and construction (EPC) services for offshore platforms and onshore plants, reported operating revenues of NOK 2 907 million in the first quarter 2013. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 103 million, resulting in an EBITDA margin of 3.5 percent. "Our order backlog, when including the Hebron project, has nearly tripled over the last 12 months. It provides a robust platform to strengthen our competitiveness", says Jan Arve Haugan, President & CEO of Kvaerner.

Kvaerner Wins EPC Contract for Hebron GBS Project

ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS). The contract value for Kvaerner's share of the full EPC contract is approximately $1.5 billion and includes work conducted to date on the Hebron project. The authorization to proceed with the full EPC contract follows the substantial completion of the Front End Engineering and Design (FEED) and site preparation contract awarded November 9…

Kværner Wins GBS Offshore Newfoundland Contract

Kvaerner Contractors to provide engineering, procurement & construction (EPC) services for the Hebron Project gravity based structure (GBS). ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS). The contract value for Kvaerner's share of the full EPC contract is approximately USD 1.5 billion and includes work conducted to date on the Hebron project.

Statoil in New Field Development Offshore Canada

The Hebron field development offshore Newfoundland and Labrador was sanctioned by operator ExxonMobil and its co-venturers. Located approximately 350 km offshore Newfoundland, the Hebron platform will be a concrete Gravity Based Structure (GBS) in 95 meters water depth. The Hebron field is estimated to produce more than 700 million barrels of oil. The platform is being designed for an oil production rate of 150,000 barrels of oil per day. For Statoil, which holds a 9.7% share in Hebron, this is a significant component in the growth of the company’s Canada East Coast operations.

Offshore Newfoundland Geophysical Survey Contract Awarded

PGS in cooperation with TGS begins data acquistion on  a new 20,000 km MultiClient 2D survey over the Northeast Newfoundland Shelf. The M/V Sanco Spirit has returned to Newfoundland and Labrador once again utilizing PGS GeoStreamer® broadband technology. Data acquisition will continue into early Q4 2012 and the vessel will complete the survey in 2013. “Northeast Canada and the far North represent some of the most exciting new deepwater exploration areas in the world today and broadband GeoStreamer data provides an ideal foundation for building a better understanding of its potential…

Dockwise Ltd : Q2 & H1 Results 2012

DOCKWISE Ltd. today publishes results for the three month and Half Year periods ended June 30, 2012. Cash flow generated from operating activities of USD 45 million (USD 64 million in first half year 2011). Acquisition of Fairstar Heavy Transport N.V. Initiated buy out and delisting procedures following control (99%) as of July 2012. Contract awards of USD 109 million in Q2 2012 include:Hebron topside transportation for Exxon Mobil;USA Big Dog Spar Buoy for BP. USD 306 million for execution in 2014 and beyond (USD 170 million at end Q2 2011 for execution in 2013 and beyond).

Continued Growth for Statoil in North America

Statoil's oil and gas production in North America continues to show strong growth. In the last decade, Statoil's North American portfolio had a Compound Annual Growth Rate of more than 20% and the company projects a strong growth rate also going forward. "Average production from our US and Canadian fields  in the first quarter 2012 was 149,000 barrels of oil equivalent (boe) per day  – up as much as 75% compared to the corresponding quarter in 2011. We are on track to reach our ambition of producing above 500…

Kvaerner Authorized for Next Stage Work on Canadian Drilling Project

Kværner ASA authorised for further work on Hebron Project in Newfoundland & Labrador Kiewit-Kvaerner Contractors, the 50/50 joint venture between Peter Kiewit Infrastructure and Kvaerner, has been authorised by ExxonMobil Canada Properties (EMCP) to proceed with work on the Hebron Project gravity based structure (GBS) project in Newfoundland and Labrador, Canada.   The authorisation follows substantial completion of front end engineering and design services and awards the next phase, which includes detailed engineering, procurement and construction (EPC) related services. Kvaerner estimates its share of this work to be approximately USD 125-150 million.