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Cantarell News

08 Jul 2023

VIDEO: Two Dead, One Missing after Fire Tears through Pemex Offshore Oil Platform

Credit: Pemex

Two workers died and another remained missing after a raging fire broke out early on Friday morning at an offshore platform run by Mexican state oil company Pemex just off the southern edge of the Gulf of Mexico.In posts on Twitter, Pemex said it had accounted for all other workers and said oil production had taken a major hit from the blaze.Video circulating on social media showed the massive platform and its tangle of pipelines engulfed in flames as nearby boats sought to douse the fire with hoses.The platform operates in the company's Cantarell Field…

20 Feb 2019

Keppel Delivers Jack-up Rig to Grupo R

Singapore's Keppel FELS has delivered the jackup rig, Cantarell IV, to Grupo R with a perfect safety record.The wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) said that as part of the deal, Grupo R has entered into a sale and leaseback agreement with FELS Asset, another wholly-owned subsidiary of Keppel O&M.FELS Asset will purchase the rig from Grupo R for US$179m which is equivalent to the balance contract value of the rig. Cantarell IV will be leased back to Grupo R on a bareboat charter at competitive day rates over five years. IPC, the parent company of Grupo R, will provide a Parent Company Guarantee on Grupo R's charter payment obligations.Under the bareboat charter…

27 Mar 2016

Another 2 Keppel FELS Rigs for Mexico

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered two jackup rigs to Mexican company, Grupo R. Built to Keppel's proprietary KFELS B Class design, the rigs, CANTARELL I and CANTARELL II, will be chartered to PEMEX, Mexico's national oil company, for operations in the Cantarell oil field in offshore Mexico. They are the first two of five jackup rigs that Keppel FELS is building for Grupo R. Mr Wong Kok Seng, Managing Director of Keppel O&M (Offshore) and Keppel FELS, said, "We are pleased to deliver another two rigs in 2016 to our quality client Grupo R. Despite the current low oil price environment, the market continues to prefer safe and efficient rigs with a proven track record like our KFELS B Class.

23 Jun 2015

Pemex Confirms Explosion in Oil Platform at Gulf of Mexico

An oil platform run by Mexico’s state oil company Petroleos Mexicanos (Pemex) in the southern Gulf of Mexico suffered what appeared to be an explosion on Monday. Pemex confirmed that there had been an “accident” and a “fire” after a leak of oil and gas, while local media called it an “explosion”. The company claimed to have contained the oil and gas leak that appears to have sparked a fire on its satellite oil platform. However, it said any impact on output remained unclear. Local media said there was an explosion and a fire on the platform. The platform, Akal-H, is part of the Akal field complex, one of the most productive areas within Cantarell, which in the late 1970s was one of the world's top-producing oil fields.

31 May 2015

More Keppel FELS Jackup Rigs for Mexico

Keppel FELS Limited , a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), is on track to deliver three KFELS B Class jackup rigs to Mexican company, Grupo R, safely, on time and on budget. A world's first triple rig naming ceremony was held today at Keppel FELS' yard with Mr Chan Chun Sing, Singapore's Minister in Prime Minister's Office and Secretary-General of the National Trades Union Congress as the Guest of Honour. Built to Keppel's proprietary KFELS B Class design, the three identical rigs were named CANTARELL I, CANTARELL II and CANTARELL III, after the Cantarell oil field in offshore Mexico. They are the first three of five rigs that Keppel FELS is building for Grupo R.

12 Sep 2012

Offshore Automation Contract for ABB

ABB wins four-year $16 million automation services contract renewal for PEMEX in Mexico. ABB wins an order worth $16 million for the renewal of a lifecycle service contract to maintain and upgrade automation equipment installed on sixteen offshore production platforms in PEMEX’s Cantarell and Ku-Maloob-Zaap Oil Fields. Cantarell and Ku-Maloob-Zaap are the largest and most productive oil fields in Mexico, located in the Bay of Campeche, about 100 kilometers northwest of Ciudad del Carmen, Mexico. Collectively they produce over 1.3 million barrels of crude oil per day. The contract includes services, upgrades, technical assistance, training and spare parts supply for the Distributed Control Systems (DCS)…

05 Apr 2012

Chevron’s Brazil Spill Legal Claims Rise to $22 Billion

Chevron Corp. and Transocean Ltd. are being sued for $22 billion in environmental damages in Brazil, double initial claims, after a federal prosecutor filed a second lawsuit over oil spills off the nation’s coast, according to Bloomberg. Chevron committed “a series of errors” which led to the March spill at Frade, the second incident at the offshore oil project, the federal prosecutors’ office said yesterday. Prosecutor Eduardo Santos de Oliveira is also seeking to halt operations at Frade and block San Ramon, California- based Chevron from transferring profits from Brazil. “The oil spill at the Frade field hasn’t been contained,” Oliveira said.

30 Nov 2007

Toisa Pegasus Launched and Named

Bermuda-based Toisa Limited. The launch will took place on November 24 at Merwede Shipyard and was performed by Lorena Vázquez de Hernández, wife of José Hernández Cantarell, President CICSA. In March 2006 Merwede Shipyard won the order, which included the integration of the complete owner furnished dive spread and cranes within the required short delivery time. The vessel has been built under yard No 712. Sealion Shipping Ltd (Managers). Support Vessel, suitable for worldwide operation. Diving System, the vessel can, and will, support a wide variety of subsea operations worldwide.

05 Apr 2004

Global Awarded PEMEX Contract

Global Industries, Ltd. said that subsidiary Global Offshore Mexico S. de R.L. de C.V. received a letter of intent from PEMEX Exploration & Production to install three 20-inch diameter pipelines and nine 12-inch diameter pipelines as part of the EPC-77 Project in the Cantarell Field. The field is located in Mexico's Bay of Campeche. The Project is valued at approximately $100 million and scheduled to be completed by the end of the first quarter 2005. William J. Doré, Chairman and CEO, stated, "The project will utilize our vessels Hercules, Shawnee, and Pioneer. This award reflects the significant level of project activity in the Bay of Campeche."

05 Feb 2002

Global Industries Announces New VP

Global Industries, Ltd. has appointed J. Michael Pearson to the position of senior vice president – strategic planning. In this position, he will have corporate oversight responsibility for project performance on a worldwide basis. Pearson has 30 years of engineering and construction management experience, including 25 years with McDermott International, Inc. where he progressed from field engineer to vice president/general manager of major domestic and international construction projects. Most recently, Pearson acted as president of the CAByL joint venture project constructing offshore platforms for Pemex’s Cantarell Field at Enron Engineering and Construction Company. Pearson holds a BS degree in Civil Engineering from Louisiana Tech University.

23 Jun 1999

Aker Maritime Wins Combisa Oilfield Deal

Aker Maritime reportedly won a deal from Mexican consortium Combisa to build the decks of three platforms for the Cantarell oilfield operated by Mexican state oil company Pemex.

17 Aug 2000

Horizon Offshore Granted Pipeline Construction Component

An alliance of which Horizon Offshore is a member has been granted a contract for the EPC 64 project from Pemex Exploracion y Produccion. The project's workscope, which entails the installation, bury, hook-up and commissioning of seven pipelines in the Cantarell Field, call for Horizon to provide all marine construction. With work set to commence during August, the company will utilize one of its pipelay barges, Gulf Horizon, for laying the 12-, 20- and 24-in. pipelines. In addition, Horizon's bury barge, Canyon Horizon, will perform jetting operations to bury the newly installed pipelines and will perform the activities related with crossing existing pipelines.

20 Feb 2001

PEMEX Earmarks 56% of Budget for Offshore

Mexican state oil monopoly Petroleos Mexicanos expects to invest $36 billion during the current six-year administration, up 76 percent from the prior term. The company said its 2001 investment program will total 59.4 billion pesos, about $6.1 billion at current exchange rates. Two-thirds of the sum, the largest investment amount in 19 years, will go toward the Cantarell, Burgos and Delta del Grijalva projects. Construction spending by the company this year is billed at 16.8 billion pesos, up 58 percent over 2000, Pemex said in a statement. Of the construction spending, 56 percent will go toward offshore platforms, 23 percent to pipelines and 19 percent to hydrocarbon separation plants and 2 percent to storage and other infrastructure projects.

09 Nov 2001

Passenger Carries Hurt

American Classic Voyages Co. subsidiaries Delta Queen will trim its upcoming cruise schedule by a combined total of 27 cruises. Delta Queen Coastal Voyages will eliminate three cruises in 2001. Also, the 2002 summer and fall schedule of the 174-passenger Delta Queen will be enhanced to meet passenger demand for more variety. Moody's Investors Service confirmed the A2 senior ratings of Carnival Corporation, but changed the rating outlook to negative reflecting the uncertain economic and industry conditions that the company faces in the wake of the attacks on the U.S. Moody's believes the events of September 11 will further stress industry conditions that were already suffering from price weakness.

13 Aug 2002

Horizon Offshore Reports Second Quarter Earnings

Horizon Offshore, Inc. reported net income for the quarter ended June 30, 2002, of $2.6 million, or $0.10 per share-diluted. This compares with net income of $5.4 million, or $0.23 per share-diluted, for the second quarter of 2001. For the second quarter of 2002, the company reported gross profit of $9.5 million, or 14.8 percent, on contract revenues of $64.3 million, compared with gross profit of $13.0 million, or 15.6 percent, on contract revenues of $83.3 million in 2001. Horizon also reported net income for the six months ended June 30, 2002, of $3.0 million which compares with net income of $8.1 million before an extraordinary charge of $0.6 million net of tax for the six months ended June 30, 2001.

30 Oct 2002

Horizon Offshore Reports 3Q Results

Horizon Offshore, Inc. reported net income for the quarter ended September 30, 2002, of $1.8 million, which compares to a net income of $2.8 million for the third quarter of 2001. For the third quarter of 2002, the company reported gross profit of $11.6 million, or 17.9 percent, on contract revenues of $65.0 million, compared with gross profit of $7.7 million, or 12.6 percent, on contract revenues of $61.0 million in the third quarter of 2001. Horizon also reported net income for the nine months ended September 30, 2002, of $4.8 million, or $0.19 per share-diluted. This compares with net income of $10.8 million, or $0.47 per share-diluted before an extraordinary charge of $0.6 million net of tax for the nine months ended September 30, 2001.