Harvey Gulf Closes Abdon Callais Offshore
New Orleans based Harvey Gulf International Marine, has announced the closing of its asset purchase of Abdon Callais Offshore, a deal worth $460 Million USD in cash, while simultaneously selling six of the older assets to Adriatic Marine for $72 Million USD. CEO Shane Guidry commented: "It's been a very busy year. Abdon Callais is the third company I have purchased in the last 12 months, adding 58 vessels to my fleet. Today, I have 14 vessels at 5 shipyards ranging in size from 220' to 340' in length under construction to meet our customer’s needs today and for the future.
Master Boat Builders Deliver Callais Explorer
In January, Master Boat Builders, Inc., delivered the Callais Explorer, an offshore supply vessel to Abdon Callais Offshore LLC.
Harvey Gulf to Acquire ACO's Offshore Vessels and Related Assets
Harvey Gulf International Marine, LLC and Abdon Callais Offshore, LLC (ACO) have executed a definitive agreement whereby Harvey Gulf is to purchase substantially all of ACO’s assets and business. Purchase includes 48 offshore supply vessels (OSVs), of which four are currently under construction. With its roots in the Callais family tracing back to 1945 and under the later leadership of Harold J. Callais followed by his sons, ACO has long been recognized in the industry as a high quality marine transportation company providing multiple sized…
FEATURE: A Family Tradition
The one constant about the management of offshore vessel operating companies is the domination of family members of the founder. Except for the largest of these companies, Tidewater, Inc., that is a public NYSE-listed firm, most of the companies in this category, large and small, are run by the descendents of the founder. Many of these companies still bear the founder's name and most of the vessels are named after family members. In 1948, Abdon Callais converted a shrimp trawler into an offshore service vessel and that began a company that is in its third generation of providing transportation of fluids and cargo to offshore oil and gas rigs. Abdon's sons Harold and Ronald became involved with offshore oil buisness.
Adriatic Marine to Buy 6 Former Abdon Callais OSV's
Raceland, LA-based Adriatic Marine LLC has entered into a contract with Harvey Gladiator LLC, a wholly-owned subsidiary of Harvey Gulf International Marine LLC, for the purchase of six 205’ DP-1 Offshore Supply Vessels (OSVs). The transaction is expected to close in the early fourth quarter of 2013. The purchased vessels are a subset of a larger acquisition by Harvey Gulf of substantially all of the assets of Abdon Callais Offshore LLC. With the acquisition of the six 205’ OSVs…
OSV's Join Shrimp Trawlers in Bayou La Batre
The picturesque town of Bayou La Batre, Ala. has long been known for its production of shrimp trawlers. Normally, about 150 of these 90-105 ft. vessels come out of 8-10 yards set up specifically to produce these boats. Increasingly, however, large deepwater offshore service vessels are taking their place along side of the trawlers as the Bayou La Batre boat builders join with their Louisiana cousins in producing vessels for the oil patch. Interestingly, it is many of the same builders who construct dozens of trawlers a year that are in the forefront of OSV production. One of the prime examples is Master Boat Builders, Coden, Ala., about three miles south of Bayou La Batre.
“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. Kurt Crosby, CEO of Crosby Tugs Inc., based in Golden Meadow, La., agreed.
Maritime Training Expands to Meet Louisiana Gulf Demand
Employers are hiring in coastal Louisiana, especially as offshore drilling picks up in the Gulf of Mexico. Companies are concerned about finding enough skilled workers in a locally tight labor market. For mariners, a variety of training programs at different levels and costs are offered in south Louisiana. For those businesses without the significant wherewithal and training resources of a Kirby Corporation, for example, there are other viable options for training. Fletcher Technical Community College: The college’s Louisiana Marine and Petroleum Institute or LaMPI was founded in the late 1970s to provide local maritime training. The institute provides Coast Guard-approved courses to about 2,200 mariners a year now. Fletcher and LaMPI are located in Houma on the Louisiana Gulf.
Playing the Tier Game
With few exceptions, marine power is diesel power and emissions levels from diesel engines are coming under increased scrutiny and regulations from the Environmental Protection Agency. The levels of acceptable NOx, carbon monoxide and particulate matter for diesel engines in U.S. flagged vessels depends on the displacement of the engine. The EPA has settled on a liters-per-cylinder measurement to determine the schedule to meet the emission requirements. For example, marine diesel engines between 1.2 and 2.5 liters per cylinder have had to meet what is known as Tier Two requirements since 2004. These are engines typically used to power small gensets, bow thrusters, fire pumps and other auxiliary engine requirements.
New CEO, Co-CEO to Lead MHI Vestas Offshore Wind
Mitsubishi Heavy Industries (MHI) and Vestas Wind Systems (Vestas) have appointed Philippe Kavafyan to Chief Executive Officer (CEO) and Lars Bondo Krogsgaard to Co-Chief Executive Officer (Co-CEO) of MHI Vestas Offshore Wind. The appointments will take effect on 1 April, 2018, and are made in accordance with the joint venture agreement's principle of changing its leadership every four years. Under the leadership of out-going CEO Jens Tommerup and Co-CEO Tetsushi Mizuno, MHI Vestas Offshore Wind has established itself as a leading player in offshore…
SBM Offshore Hands over FPSO Turritella to Shell
SBM Offshore said it has completed the transaction related to the sale of floating production storage and offloading (FPSO) vessel Turritella to Shell E and P Offshore Services B.V. Shell exercised an option to purchase the FPSO from SBM Offshore in summer 2017. The Turritella FPSO is contracted for the Stones deepwater development in the Gulf of Mexico, which began production in 2016. The vessel has a daily production capacity of approximately 60,000 barrels of oil and 15 million cubic feet of natural gas.
VOS Stone Equipped with Ampelmann W2W Gangway
Vroon Offshore Services and Ampelmann have joined forces to deploy a Walk to Work (W2W) solution for the Arkona offshore wind farm, located in the German Baltic Sea. Vroon’s VOS Stone vessel, the newest addition to its offshore-support fleet, will be mobilized with an Ampelmann A400 gangway system. The gangway, launched in 2017, will be utilized for the first time for W2W operations during array cabling work and commissioning of the Arkona offshore wind farm. The A400 gangway system…
G E Shipping Sells Supramax
India’s largest private sector shipping company Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2003 built Supramax Dry Bulk Carrier Jag Rahul of about 52,364 dwt. G E Shipping said that the vessel will be delivered to the new buyer in Q4 FY 2017-18. The Company’s current fleet (including Jag Rahul) stands at 48 vessels, comprising 32 tankers (12crude carriers, 17 product tankers, 3 LPG carrier) and 16 dry bulk carriers (1 Capesize, 8 Kamsarmax, 7 Supramax) with an average age of 10.24 years aggregating 3.93 mn dwt.
Vessels: Fewer, but More Capable OSVs Being Produced in Gulf Shipyards
As noted in the accompanying article the Gulf of Mexico is in the midst of a drilling malaise. The days when southern shipyards routinely turned out 50-60 supply boats and an equal number of crew/supply vessels is over at least for the time being. The last three years has seen an unprecedented number of OSVs joined the fleets of Tidewater, Hornbeck, Otto Candies, Edison Chouest and other major offshore operators. Leevac Shipyards is a prime example. For the last four years they have built almost exclusively for Hornbeck Offshore Services, producing a number of 200-260 ft. very capable supply boats including four 240-ft. platform supply vessels in 2003. Today their order book includes a huge casino boat and a large 445-ft. by 78-ft. tank barge, but no OSVs. Quality Shipyards, Houma, La.
Jumbo Orders LNG-powered Heavy Lift Ship
Dutch transportation and installation contractor Jumbo said it has signed a Letter of Intent (LOI) with shipbuilder China Merchants Industry Holdings (CMIH) for the construction of a new heavy lift crane vessel (HLCV) scheduled for delivery in the first quarter of 2020. The DP2 vessel will feature dual fuel engines capable of operating on liquefied natural gas (LNG), and will be built to serve the offshore wind and the offshore oil and gas industries. “Despite the current offshore climate, we are committing to this industry long term,” said Jumbo managing director, Michael Kahn.
Op/Ed: DPP a Benchmark Toward US Energy Dominance
National Ocean Industries Association (NOIA) president Randall Luthi comments on the U.S. Department of the Interior’s (DOI) 2019-2024 National Offshore Oil and Gas Leasing Draft Proposed Program, which seeks to open nearly all U.S. offshore waters to oil and gas drilling. With 94 percent of our nation’s outer continental shelf (OCS) currently and unnecessarily off limits to oil and gas leasing and exploration, NOIA welcomes the bold and broad offshore leasing proposal released January 4 by the Department of the Interior.
Bourbon, Bureau Veritas Partner on Digitalization
Under a new strategic partnership agreement, French offshore services firm Bourbon and testing, inspection and certification services provider Bureau Veritas will develop and deploy new digital technologies, including solutions for automation, real time fleet monitoring and mitigating cyber risks. For dynamic positioning systems in particular, the partnership will aim to deliver advanced automation of to enable real-time advisory tools for bridge operators and remote support for onshore teams…
BW Offshore Gets Contract Extension for FPSO Polvo
BW Offshore has signed an agreement with Petrorio for a one-year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2019 (from Q3 2018), with options until Q3 2022. The company has also announced that BW Catcher FPSO received the First Oil Certificate following the successful completion of the 72-hour interim performance test subsequent to the introduction of hydrocarbons on 23rd December 2017. BW Catcher FPSO is owned and operated by BW Offshore and the First Oil Certificate confirms the commencement of a seven-year fixed term contract…
Damen Delivers Patrol Vessel to Nigeria
Homeland Integrated Offshore Services Ltd (Homeland) of Lagos, Nigeria, has taken delivery of another Damen 3307 Patrol Vessel for operations in the offshore oil fields in the Gulf of Guinea. This takes the total delivered vessels/Guardians since the first arrived in early 2014 to four. Guardian 4 has joined its three sister ships in providing security services to the oil majors active in Nigeria’s territorial waters, together with additional support services including crew transfers and equipment deliveries.
Eidesvik Scores Work for Two Vessels
Norwegian shipping company Eidesvik Offshore ASA has signed a letter of intent (LoI) with Seabed Geosolution for the use of two vessels. Contract commencement are ultimo January to primo February and the duration is expected to last for the remaining part of 2018. The LoI is for the use of the multi-purpose support vessel Subsea Viking and for the use of the seismic vessel Vantage. Recently, Eidesvik Invest AS, together with some of the largest shareholders in Eidesvik Offshore, have undertaken to subscribe new equity in a private placement of NOK 120 million at a price of NOK 5 per share.
After Florida, more States Press US for Offshore Drilling Exemptions
Governors and other officials from several U.S. coastal states ramped up pressure on the Trump administration on Wednesday to exempt their waters from an offshore drilling plan, hours after the Interior Department granted Florida's request to opt out. The backlash could complicate President Donald Trump's efforts to expand oil and gas production offshore. A proposed leasing plan unveiled last week aims to open up all U.S. coasts to drillers over the next five years. Alaska and Maine are the only two U.S. states whose governors have expressed support for the plan.
ABS Approves Hyundai Heavy's FPSO Hull Design
South Korean shipbuilder Hyundai Heavy Industries (HHI) has received an Approval in Principle (AIP) for its floating production storage and offloading (FPSO) hull design from classification society ABS. “As the offshore industry strives to design more cost-effective production units, ABS remains committed to evaluating novel designs that meet our class standards,” says ABS Executive Vice President, Global Offshore Ken Richardson. “The Newbuilding Conversion FPSO hull design can be built for about half the cost as compared to a conventional FPSO hull…
Norway Awards 75 Oil Exploration Licenses
Norway's energy ministry has awarded 75 offshore exploration blocks to oil companies in a so-called predefined areas (APA) licensing round, handing out acreage to 34 firms, of which 19 got at least one operatorship, it said on Tuesday. A total of 39 firms had applied for the offered acreage, up from 33 companies that applied in the previous round a year ago, when the ministry awarded 56 exploration licenses. (Reporting by Nerijus Adomaitis and Joachim Dagenborg, editing by Terje Solsvik)