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ABDON CALLAIS OFFSHORE

“Moratorium” is a Four Letter Word

While ten letters in all, “moratorium” might as well be the foulest four-letter word in the Gulf of Mexico oil patch right now. On May 27, the Obama Administration ordered a halt to drilling in water depths more than 500 feet, effectively cancelling 33 drilling projects and reversing a tide of industry optimism in the region. Bill Foret, president of Golden Meadow, La.-based Abdon Callais Offshore LLC, said the company could have placed 50 OSVs to work on April 19 — a day before BP’s Deepwater Horizon explosion, which killed 11 crew members and set off a gusher of crude 5,000 feet below the Gulf’s surface for more than 80 days. “The OSV market was showing signs of improving,” Foret said. “And OSVs of all sizes were in high demand.” Kurt Crosby, CEO of Crosby Tugs Inc., based in Golden Meadow, La., agreed. “Things were looking good before this incident,” Crosby said. “Obama had approved drilling in the Eastern Gulf, off the East Coast and Alaska. Things were looking really positive. Now, it’s just uneasy and unsure. We don’t know what will happen next.” More than 100 days after the explosion, BP has capped the well and hopes to kill it for good. However, what many industry watchers call an overarching political stunt by the Obama Administration threatens an entire industry


Offshore Wind Energy Health & Safety Summit Planned

Offshore Wind Health and Safety Summit 2012 to consider how to ensure workers safety in this hazardous industry. The European offshore wind industry is growing exponentially. In the first half of 2012 alone offshore wind power was up 50% on the previous year; 523.2 MW compared to 348.1 MW. EWEA predict that 2012 will be the best ever year for the industry. Along with this installed capacity, 13 offshore wind farms were in construction in the first half of this year.


Operational Management Program for Offshore Industry

ABS Nautical Systems LLC has released a new version of its advanced ABS SafeNet operational and management system software, developed to meet the needs of the offshore industry. The new system has been released as ABS SafeNet Offshore. ABS SafeNet Offshore is equally applicable to mobile and fixed units, to ship shaped drilling and production units, to spars, TLPs, semisubmersibles and platforms. "This is a very flexible program," says Jack Kitchura, president of ABS Nautical Systems


Rem Offshore Extends Veripos Positioning Contract

Photo courtesy Rem Offshore

Aberdeen-based Veripos, suppliers of high-precision GNSS positioning services for offshore applications, is to provide dedicated positioning support for a number of Platform Supply vessels (PSVs) operated by Rem Offshore, the specialist Norwegian company which maintains a global fleet of ships. Under the new agreement, which extends present contract arrangements between the two companies, Veripos will provide the PSVs with a combination of its proprietary Standard and Standard2 GNSS data


ABS Opens Office in Beijing

abs logo.jpg

ABS, a global provider of classification services to the marine and offshore industries, announces the opening of a new office in Beijing. This move shows ABS' determination in expanding best-in-class service for the Chinese market. This new office will allow further collaboration with government, industry, academic institutions and research organizations and is part of ABS' continued commitment to serving the growing marine and offshore industries in China.  


Gasoil Availability Expands on Gulf Coast

MGO and ECA products are available in volume throughout the Gulf Coast.   Atlantic Gulf Bunkering LLC, a division of Bunkers International LLC, announced today that the company has expanded availability of both MGO and ECA product that meets the 2015 ECA specification of 0.1% (1,000 ppm) maximum sulfur. The company has expanded its owned barging capacity, storage and third-party trucking availability.   “We are seeing great demand for MGO and ECA products


Stolt Offshore To Settle Share Guarantee

Stolt Offshore S.A. announced that, as expected, Vinci, the owner of the 6.1 million Stolt Offshore Common shares issued as partial compensation in the ETPM acquisition in December 1999, has advised Stolt Offshore of its intention to sell all of its Stolt Offshore shares as permitted by the ETPM acquisition agreement. Stolt Offshore has in turn advised Vinci that Stolt Offshore will organize this sale. As advised in our November 26th 2001 press


ABS to Class Newbuild Jackups for Petrobras

ABS has been selected to class the first newbuild jackups for Petrobras in 25 years.  The Brazilian energy giant has ordered two LeTourneau Technologies Inc. (LTI) Super S116E design jackups.  The sister units, to be named Petrobras 59 and Petrobras 60, will be built at São Roque do Paraguaçu, Bahia, Brazil, by Consórcio Rio Paraguaçu. This consortium is composed by three major Brazilian contractors, Oderbrecht, Queiroz Galvão and UTC


Kongsberg Complete J-lay DP3 Vessel Automation Retrofit

Saipem 7000 Crane Vessel: Photo credit Kongsberg Maritime

Kongsberg Maritime has completed the installation and commissioning of an integrated bridge and automation solution during a large-scale retrofit of the Saipem 7000, an advanced Semi-submersible crane and pipelaying (J-lay) DP3 vessel. The Saipem 7000 retrofit was a ‘Full Picture’ project for Kongsberg Maritime, which featured replacement of several key systems including Automation, Thruster control, Dynamic Positioning, Ballast control and Integrated Bridge System


The World's First Offshore Wind Farm is Retiring

Photo: DONG Energy A/S

 DONG Energy has decided to retire “Vindeby”, the world’s first offshore wind farm, which 25 years ago marked the birth of the offshore wind industry. Today, offshore wind is a recognised and proven renewable energy technology, and the offshore wind turbines harvest the energy from the wind, transforming it into green power for millions of households. But it is actually only some 25 years ago that the world's first offshore wind farm was constructed close to shore in


Bureau Veritas Approves Wison's W-FSRP Concept

Photo: Wison

Wison Offshore & Marine said its newly-developed floating storage regasification and power generation barge (W-FSRP) has received Approval in Principle from Bureau Veritas. W-FSRP integrates functions of LNG loading and storage facilities, regasification and power generation.


GC Rieber Gets Extension for 'Polar Onyx'

Polar Onyx. Photo: GC Rieber

 Norwegian offshore shipowner GC Rieber Shipping has entered into an agreement to extend the fixed contract period for "Polar Onyx," according to a press release.   The agreement secures the ship until the end of August 2017


Paragon Offshore Comes Out of Bankruptcy

Photo: Paragon Offshore

 Paragon Offshore Group announced that it has emerged from bankruptcy after completing a restructuring that eliminated USD 2.3 billion of debt.   The successor company to Paragon Offshore PLC , which filed for bankruptcy in February 2016 with USD 2


Keppel Posts Lower Q2 Profit, Warns on Rig Outlook

Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion.   Singaporean conglomerate Keppel Corp posted a 21 percent drop in its quarterly profit and warned it did not expect a speedy recovery in the offshore and marine market.  


Marsol Signs Two-Year OOCEP Contract

Photo: Marsol International

Marsol International, a UAE-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has signed a two years contract with Oman Oil Company Exploration & Production LLC (OOCEP) for the provision and management of the marine and offshore


Virgina Offshore Wind Project Moves Forward

One of DONG Energys turbines in the U.K. (Photo: DONG Energy)

An offshore wind project in the U.S. mid-Atlantic is moving forward, as project owner Dominion Energy Virginia has signed an agreement and strategic partnership with DONG Energy to build two 6-megawatt turbines 27 miles off the coast of Virginia Beach.  


Shell Exercises FPSO Turritella Purchase Option

FPSO Turritella (Photo: SBM Offshore)

Shell E&P Offshore Services B.V. will exercise its right under the charter agreement to purchase the floating production storage and offloading vessel (FPSO) Turritella, enabling a Shell affiliate to assume operatorship of the Gulf of Mexico ultra-deepwater Stones development in its entirety.


Chandrasekharan Joins Viking SeaTech

Kiran Chandrasekharan (Photo: Viking SeaTech)

Viking SeaTech said it has appointed Kiran Chandrasekharan to a newly created post of naval architect at its base in Aberdeen.   Chandrasekharan, who has more than seven years’ experience, specializes in permanent mooring design


Dellner Launches New Lightweight Failsafe Brakes

SKP 180 brake (Photo: Dellner Brakes)

 Braking systems manufacturer Dellner Brakes has rolled out two new spring applied failsafe brakes to its SKP range for cranes, winches, deck machinery, oil rig draw works and other equipment, both on and offshore.   Precision engineered in Sweden


IFC, Excelerate Secure Finance for Bangladesh First LNG Terminal

Photo: Excelerate Energy

 IFC, a member of the World Bank Group, and Excelerate Energy Bangladesh Limited (Excelerate) are co-developing the Moheshkhali Floating LNG project – Bangladesh's first liquefied natural gas (LNG) import terminal.    The project will be located offshore Moheshkhali island


Trump Administration Approves Eni Plan to Drill Offshore Alaska

Image of sea ice in the Beaufort Sea, acquired on 3 June 2017 by the Moderate Resolution Imaging Spectroradiometer (MODIS) instrument, on board the Aqua satellite. (Photo: NASA)

Eni US will become the first energy company allowed to explore for oil in federal waters off Alaska since 2015 after the Trump administration this week approved a drilling plan on leases the company has been sitting on for 10 years.  


First Floating Mega Island Tested

MARINs Olaf Waals pictured with the scale model of a mega floating island in its Offshore Basin in a storm of waves, wind and currents. (Images: MARIN)

Floating ports and cities possible solutions to sea level rise and overcrowded cities    MARIN (Maritime Research Institute) tested an innovative concept for a floating mega island. The island comprises 87 large floating triangles that are flexibility connected to one another


Tidewater Reorganization Gets Court's Okay

Tidewater Logo by Tidewater Inc

 Tidewater, one of the world's largest offshore vessel owners, said that a court in Delaware approved the company's plans for a restructuring has, which would eliminate $1.6B in debt.  The US-based owner of one of the world’s largest fleets of OSVs will be able to recapitalise and


Lundin Extends Contract for Ocean Rig

Image: Ocean Rig

 Ocean Rig UDW, contractor of offshore deepwater drilling services, has announced that Lundin Norway AS, has declared their third option to extend the existing contract of the Leiv Eiriksson.    In addition, Ocean Rig has granted Lundin 2 additional options to drill further wells


Rolls-Royce Inks Service Deal with Siem Offshore, Subsea 7

Photo: Rolls-Royce

Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce. The agreement covers a total of 74 offshore vessels. This is the first agreement the two Siem owned companies have signed with the same service provider.  






 
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