LORD Corporation Receives API 16F Certification
The provider of motion and vibration control solutions for the oil and gas industry LORD Corporation is now certified to the American Petroleum Institute's (API) standard 16F testing for telescopic joint (TJ) packers. Testing was conducted to the second edition of API standard 16F, effective May 1, 2018, a harsher standard than the first edition in that the inner barrel must not be lubricated during testing. The TJ packers now experience more friction than in the first edition test regimen.
US to Become Third Largest LNG Exporter in 2019
The coming year is expected to make the U.S. the third largest exporter of liquefied natural gas (LNG) in the world, creating jobs stateside while reducing emissions and providing reliable energy to countries around the world, said American Petroleum Institute (API).API, Center for LNG, and LNG Allies, the three national trade associations specializing in U.S. LNG, today issued a first-of-its-kind joint statement on the extraordinary developments expected in U.S. LNG in 2019.Todd Snitchler…
Albwardy Damen Celebrates Tenth Anniversary
Albwardy Damen celebrated its tenth anniversary on November 15th by officially opening its new ship repair facility at Dubai Maritime City (DMC). Over 100 guests from both the regional maritime industry and the Dubai government joined the Albwardy Damen management team at their new DMC workshop and Dubai HQ for the opening ceremony, followed by lunch on board the famous Queen Elizabeth II (QE2) ocean liner. Albwardy Damen is a joint venture between Albwardy Marine Engineering and the Damen Shipyards Group…
Georgia Bullish on Offshore Natural Gas and Oil Reserves
Georgia Petroleum Council noted released results from a new study highlighting how Georgia’s economy could benefit from over $200 million in tax revenues as a result of offshore leasing in the Atlantic Outer Continental Shelf (OCS).“Cutting-edge technology can safely and accurately discover what resources lay off Georgia’s coast and make possible the potential for millions of dollars in state and local tax revenues from offshore activity detailed in this new study,” said Georgia Petroleum Council Executive Director Hunter Hopkins.“This could be a turning point for Georgia.
API Enhances Offshore Safety Standard
The American Petroleum Institute (API) released its newest valve standard as part of the industry’s continuous efforts to improve operational safety and environmental protection.According to a release from the agency, the “Specification 6A” governs the design and operations of the critical safety valves at wells used in the offshore and onshore oil and gas industry. The latest edition includes new automatic closure requirements, to ensure additional protection for workers and…
Smarter Energy Policy Will Broaden Offshore Recovery
For the past few years, depressed commodity prices, stricter regulatory requirements and competition from onshore development at home and from other countries offering attractive offshore lease and royalty terms have had severe impacts on new exploration in the U.S. Gulf of Mexico. Thankfully, the tide appears to finally be turning.In August, Gulf of Mexico Lease Sale 251 drew increased competition for offerings and $178 million in high bids, $53 million more than previous sale held in March.
Tidetech Unveils 'Data Cube' for Voyage Optimization
Provider of metocean data to the maritime industry Tidetech Commercial Marine Pty Ltd says it is enhancing the scope of its services in response to a growing demand for marine weather data.Tidetech generates and curates a wide range of marine weather data for delivery to shipowners and third party software vendors. Its latest enhancement is the introduction of the ‘Data Cube’, which enables users to query the data in three dimensions: longitude, latitude and time.When a shipowner or operator wants to obtain a weather forecast for their next voyage…
INTTRA Adds Salam Pacific Indonesia Lines to its Carrier Network
INTTRA, the largest neutral network, software and information provider at the center of the ocean shipping industry, announced an expansion of its rapidly growing carrier network with the addition of Salam Pacific Indonesia Lines (SPIL), its first carrier in Indonesia. The addition of SPIL represents a trend by regional carriers who are joining INTTRA to gain a competitive advantage in their service regions. SPIL provides services to all Indonesian routes, with 32 offices strategically located across the Indonesian archipelago.
INTTRA, NAMSUNG Expand
INTTRA, a neutral electronic transaction platform, software and information provider at the center of the ocean shipping industry, announced an expansion of its rapidly growing carrier network with the addition of Korea's Namsung Shipping Co. Ltd. NAMSUNG, established in 1953 as the first private ocean going shipping carrier in Korea, provides services throughout Asia, with routes targeting Korea to Japan, China, Hong Kong, Vietnam, Thailand and intra-Asia routes. NAMSUNG will offer its customers a full suite of services through INTTRA's network…
As US Opens Up Offshore Waters, Eastern GoM Beckons
President Donald Trump's administration has proposed opening up nearly all of America's offshore waters to oil and gas drilling, but the industry says it is mainly interested in one part of it, now cordoned off by the Pentagon: the eastern Gulf of Mexico. The industry's focus on an area located near a sprawling network of existing platforms, pipes and ports could ease the path to new reserves, and assuage the drilling opponents near other places offered under the Interior Department's proposed drilling plan issued last week, like California's Pacific, the Atlantic and Arctic.
Crude Slips, Gasoline Jumps in Storm's Choppy Wake
Goldman Sachs says 23 pct of U.S. refining capacity is shut. Crude oil slid and gasoline futures hit their highest since mid-2015 on Wednesday as flooding and damage from Tropical Storm Harvey shut over a fifth of U.S. refineries, curbing demand for crude while raising the risk of fuel shortages. Refineries with output of 4.1 million barrels per day (bpd) were offline on Tuesday, representing 23 percent of U.S. production, Goldman Sachs said. Restarting plants even under the best conditions can take a week or more. "It will be a while before operations can return to normal and the U.S.
Oil Spill Response: USCG Testing Evolves
Coast Guard R&D Center’s JMTF is a big part of the nation’s environmental research efforts. In 1972, the U.S. Coast Guard Research and Development Center (RDC) established the Fire and Safety Test Detachment (FSTD), which later became the Joint Maritime Test Facility (JMTF), at Coast Guard Sector Mobile in Mobile, Alabama. As part of the unit’s establishment, test facilities were also built on nearby Little Sand Island in Mobile Bay. Since its inception, multiple retired commercial vessels were used as test platforms ending with the State of Maine, which was removed in 2010.
PetroChina Unloads First US SPR Cargo
PetroChina is this week unloading the first Chinese purchase of crude oil from U.S. strategic petroleum reserves at a port in eastern China, according to shipping data and two industry sources. The move comes as China, the world's No.2 oil consumer, steps up imports from the Americas to diversify supply sources. PetroChina unit, PetroChina International America Inc, bought the 550,000-barrel cargo of Bryan Mound sour crude in a sale from U.S. strategic petroleum reserves in March for $28.8 million. Supertanker Cosrising Lake <C}KV7309834335>, chartered by PetroChina, is unloading the U.S.
Vryhof Makes Two Senior Appointments
Anchoring and mooring solutions provider Vryhof has made two senior appointments: Evan Zimmerman as Vryhof’s new Vice President and Chief Technology Officer and Clément Mochet as new Commercial Director for Vryhof’s business unit, Vryhof Anchors. Based in Houston, Zimmerman has been tasked with pushing improvement within Vryhof’s technology, management systems and engineering capabilities. In particular, he will support Vryhof in strengthening its mooring equipment technologies…
Tech File: HydroComp NavCad for Optimized Design
HydroComp NavCad, internationally recognized for resistance and propulsion prediction for naval architects, can also leverage analysis capabilities with features that support optimized hull form and propulsion system design. NavCad may be most well-known for its library of parametric-statistical hull form and propulsion system models (often called “1D” models). The recent introduction of the Premium Edition now brings a higher-order distributed-analytical (“2D”) hull form analysis to design optimization.
Danelec Introduces New Remote Management Tools
Danelec Marine’s new intelligent remote management platform is bringing the Internet of Things (IoT) to the maritime industry by providing easy, low-cost access to data from ships at sea. The second-generation DanelecConnect telematics platform is now fully available and the first ship installations are currently underway. The company is working with third-party software application providers to use the DanelecConnect application programming interface (API) tool to capture data from shipboard systems and sensors into their specialized software packages.
ISF Watchkeeper Upgraded
The International Chamber of Shipping (ICS) and IT Energy have announced the launch of the latest release of their acclaimed ISF Watchkeeper software – ISF Watchkeeper 3.5 – developed for maintaining records of individual seafarers’ work hour records, as required by IMO and ILO regulations, and to help prevent crew fatigue and to avoid issues with Port State Control. This major upgrade, which is available free of charge to existing ISF Watchkeeper users on over 8, 000 ships worldwide, has been designed to reflect the evolving needs of those at sea and managers ashore.
IMCA Reiterates CBP Proposal Opinion
IMCA stands behind its opinion that CBP implementation of its proposal will severely damage business in the US Gulf of Mexico. Quote from Allen Leatt, CEO, The International Marine Contractors Association (IMCA) in response to report at marinelink.com (OMSA: CBP Revocation Notice Boosts U.S. Jobs‘): “IMCA published its report on April 4 on the impact of the proposed CBP modifications and revocations to the Jones Act. Changes that would eliminate 40 years of stability in the workings of the Act, that has enabled industry to invest billions of dollars offshore and in the Gulf Coast States.
OMSA: CBP Revocation Notice Boosts U.S. Jobs
OMSA says CBP Action Prevents Foreign Companies from Taking Advantage of U.S. Law. The Offshore Marine Service Association (OMSA) today issued the following statement in response to erroneous claims and misguided research released by API and companies backing foreign workers. “This study is a desperate attempt by companies promoting foreign workers to distort facts to enable them to continue to skirt U.S. law,” said Aaron Smith, President and CEO, Offshore Marine Service Association.
US O&G Industry Reaps the Benefits of International Trade
Rising exports have thrown a lifeline to U.S. shale producers and refiners, giving them an additional outlet at a time when the domestic market has been at risk of becoming saturated. The United States exported record quantities of natural gas, propane, gasoline, distillate fuel oil and light crude last year while continuing to import the heavy oils needed by its refineries. Gas exports increased by almost 30 percent in 2016 and have more than tripled in the last decade, limiting the build up of unused gas and supporting prices in recent months despite the warmest winter on record.
Obama Bans New Drilling off Alaska, Part of Atlantic Shore
U.S. President Barack Obama on Tuesday banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in a push to leave his stamp on the environment before Republican Donald Trump takes office next month. Obama used a 1950s-era law called the Outer Continental Shelf Act that allows presidents to limit areas from mineral leasing and drilling. Environmental groups said that meant Trump's incoming administration would have to go court if it sought to reverse the move.
Interview: Aaron Smith Zeroes in on the Offshore Sector
As the Executive Director for the Offshore Supply Vessel Dynamic Positioning Authority (OSVDPA), Aaron Smith is charged with managing the day-to-day operation of the Authority. Along with the OSVDPA Board of Directors and Technical Advisory Council (TAC), Aaron has helped to craft the Authority’s dynamic positioning operator (DPO) certification program. This includes ensuring that the program is ultimately accepted by the offshore energy industry, and its many international and domestic counterparts.
Doing Business Differently to Meet Sustainability Targets: DNV GL
Pressure is mounting on the global oil and gas industry to reduce environmental footprint at the same time as the industry is under significant cost pressure. Since business as usual is not an option, DNV GL has launched two papers to advise the industry on how and where to make impactful changes within financial constraints. The paper, ‘A cost-efficient approach to reducing environmental impact’ provides a framework for the industry on how to improve environmental sustainability by identifying the most cost-efficient mitigating measures.