Limited Offshore News

Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen, increasing the uptime of offshore wind farm generated power.That’s according to Netherlands based supplier Strohm, member of the Hydrogen Offshore Production for Europe (HOPE) project and the Dutch floating green hydrogen and ammonia OFFSET project.

Kongsberg Maritime will provide a suite of equipment to a newbuild ship dubbed SDO-SuRS (Special and Diving Operations - Submarine Rescue Ship) to be built by the Italian shipyard T.Mariotti for Marina Militare Italiana (The Italian Navy).Central to this order are a pair of Kongsberg Elegance propulsion pods, direct electric permanent magnet motor driven pods matched with a Kongsberg electric power system, including batteries and power management system.According to Kongsberg…

The U.S. national security adviser said on Friday the U.S Coast Guard was basing Fast Response Cutters in the western Pacific for maritime security missions, citing illegal fishing and harassment of vessels by China.In a statement, Robert O’Brien also said the Coast Guard planned to evaluate next fiscal year the feasibility of basing Fast Response Cutters in American Samoa in the South Pacific.The statement described the United States as a Pacific power and added that China’s “illegal…

The U.S. Coast Guard and Air National Guard completed a four-day, long-range, joint rescue mission to medevac a critically injured 39-year-old man aboard a cargo ship located approximately 1,300 miles west of San Francisco, Friday.The Hong-Kong-flagged bulk carrier Ocean Applaud contacted 11th Coast Guard District command center watchstanders Monday regarding a crewmember who reportedly fell 30 feet while working on the vessel.Due to the limited offshore range of Coast Guard aircraft…

Transocean Ltd. announced today that the harsh-environment semisubmersible Henry Goodrich was awarded a two year contract with Husky Oil Operations Limited offshore Canada at a dayrate of $275,000. The estimated contract backlog excluding mobilization is $200 million. The rig is expected to commence operations in the second quarter of 2016. As of December 6, 2015, the company's contract backlog is approximately $16.8 billion.

Cosco Corporation (Singapore) Limited, offshore marine engineering, shipbuilding, ship repair & conversion and dry bulk shipping group, has posted a net profit of SGD4.25 million (USD3.19 million), down 82% year-on-year for the first quarter that ended 31 March 2015. The Singapore-listed Chinese shipbuilding and dry bulk shipping group's turnover decreased 4.6% to $991.2 million in Q1 2015 from $1.04 billion owing to falls in shipyard and dry bulk shipping revenues. The company's revenue from its shipyard operations segment decreased by 4.7% y/y to SGD980.8 million in 1Q15 from SGD1.03 billion in 1Q14, owing to lower revenue contribution from marine engineering and ship repair. This was partially offset by an increase in revenue from shipbuilding.

Companies building vessels on the U.S. Gulf are servicing a flock of domestic and overseas clients while their offshore oil and gas customers wait for Washington to issue more drilling permits and safety rules. Some of the region's builders are busy making repairs. After a federal ban on deepwater drilling ended in October — three months after BP's well was capped — the Gulf remains quiet, but industry members expect business to improve eventually. Gulf vessel builders have seemingly ignored an old sailors' warning to “never plant you right and left feet in two different boats.” Instead…

Each rise in the price of oil and its companion hike in gasoline prices moves us further and further into uncharted territory. What was once an academic argument over peak oil and how long our oil and gas would last is now front page news. There is now a very public debate raging over whether new areas of 's coastline should be opened to exploration. It seems likely that new areas will be leased. But from there the crystal ball gets a little murky. What areas might be opened and when? How long will it take to do the initial surveys of these undersea areas and what will we find? For the workboat industry and its customers, this period of uncertainty will bring its own questions.

Bollinger Shipyards, Inc., Lockport, La., has signed a contract to build two, 250-ft., double hull, jumbo coastwise service, single rake hopper barges for Tide Leasing, LLC, Birmingham, Ala. Construction has begun on the first barge and building of the second vessel will begin in August. Both are scheduled for delivery in November 2000. Overall, each barge will be 250 ft. in length, with a 52.5-ft. beam and 14-ft. depth and 11.5 ft. maximum draft. They will be built with .75-in. steel at the hopper bottoms and .625-in. steel at the hopper sides plus .5-in. T-1 liner plates on the bottom and upper sides of the hopper. Each will be able to carry up to 3,000 metric tons of coal and will operate out of Santa Marta, Colombia. Shearer and Associates, Inc., Metairie, La.

Bollinger Marine Fabricators, Amelia, La. has signed a contract to construct a pair of 250-ft. (76.2 m), double hull, jumbo coastwise service, single rake hopper barges for Tide Leasing of Birmingham, Ala. With construction already having begun on the first barge, the building of the second vessel will begin in August. Both are scheduled for a November 2000 delivery. With a depth of 14 ft. (4.2 m) each, 52.5 ft. (16 m) beam and 11.5 ft. (3.5 m) maximum draft, the vessels will be built with .75-in. steel at the hopper bottoms and 5/8-in. steel at the hopper sides plus .50-in. T-1 liner plates on the bottom and upper sides of the hopper. Operating out of Santa Marta, Columbia, each barge will be able to transport up to 3,000 metric tons of coal.

Keppel FELS has delivered the third KFELS B Class design jackup drilling rig to Seadrill within budget and ahead of schedule. This rig was named West Atlas by Lady Sponsor Anne-Marie Hood, wife of Mr. Peter Hood, Executive Director - Chief Executive Officer of Coogee Resources Limited. He also graced the ceremony as Guest-of-Honor. According to Keppel, West Atlas is the third KFELS B Class rig that Keppel FELS has delivered to Seadrill. The first rig, West Ceres (ex-Seadrill 3), was delivered to Seadrill in April 2006 and the second, West Prospero, was delivered in June 2007. Keppel FELS is building one more KFELS B Class jackup rig and a semisubmersible drilling tender rig for Seadrill.