R&B Falcon Reports 3Q Results
R&B Falcon Corporation reported a loss from continuing operations of $22.4 million for the three months ended September 30, 1999, compared with a loss from continuing operations of $28.2 million for the three months ended September 30, 1998. The loss for the quarter is directly attributable to reduced demand for drilling services, particularly in the shallow and inland water segments. Average fleet utilization for the third quarter of 1999 was 39 percent compared to 64 percent for the same quarter in the preceding year. For the nine months ended September 30, 1999 average fleet utilization was 40 percent compared to 77 percent for the same period in 1998.
GOM Well Fire Addressed
Callon Petroleum Co. reported that all equipment and manpower were in place to bring the fire on its South Marsh Island Block 261 well in the Gulf of Mexico under control. Sunday afternoon Callon experienced a natural gas blowout while drilling the No. 2 test well at Block 261, located about 70 miles south of Lafayette, La. At the time of the incident all personnel were safely evacuated from R & B Falcon Corp. R & B Falcon/Cliffs Drilling Rig No. 153, which was drilling the well. Adverse weather prevented re-boarding of the drilling rig until Wednesday.
Quick Modification of Offshore Jack-Up Drilling Rigs
Bollinger Fourchon, LLC, a subsidiary of Bollinger Shipyards, demonstrated its ability to modify or repair offshore jack-up drilling rigs quickly and cost effectively, with three recently completed projects. One project, for R&B Falcon Drilling, Inc., involved the replacement of jet piping (which blows away sand and mud around the rig legs for easier movement) and the fabrication and erection of an interior bulkhead on the Cliffs 150 rig in just eight days. The other two nearly-identical projects involved Glomar Adriatic IX and Glomar Adriatic X, two Marathon LeTourneau Class 116-C jack-up drilling rigs owned by Global Marine International Drilling Corporation of Houston. On each rig, Bollinger, in conjunction with Marathon LeTourneau, lengthened the three legs from 410 ft. to 477 ft.
Taylor to Chair NOIA Board
The National Ocean Industries Association (NOIA) Board of Directors has elected Cindy B. Taylor as Chair and Kevin McEvoy as Vice Chairman for the upcoming 2015-2016 term. Taylor and McEvoy assumed their positions at the NOIA Annual Meeting today in Washington, DC. Since 2007, Cindy has served as President and Chief Executive Officer of Oil States International, Inc., a publicly traded diversified oilfield services company headquartered in Houston. She also serves on the company’s board of directors, and has been NOIA’s Vice Chair for the 2014 -2015 term.
IBIA CEO Quits to Join Saudi Seaport
International Bunker Industry Association (IBIA) chief Cliff Brand resigns to become Marine Director, King Abdullah Economic City Seaport. International Bunker Industry Association has announced that it is searching for a new chief executive following the resignation of its Chief Executive Cliff Brand. Cliff Brand will be leaving the organisation on 28 March, 2013. IBIA board member Trevor Harrison will act as interim chief executive until a replacement is found, having previously acted as IBIA chief executive for 15 months during 2011/12.
East Sussex Coastguard Rescues Labradoodle
Coastguard Rescue Teams from Hastings and Rye Bay have been working to rescue a Labradoodle called Pepper that slipped over the cliffs at Ecclesbourne Glen near Hastings yesterday afternoon at just before 3 p.m. The call was passed to the Maritime Rescue Coordination Centre at Dover (MRCC) by Sussex Police. The MRCC sent Hastings Coastguard Rescue Team to the scene and a cliff man spotted Pepper on a very narrow ridge. The Hastings team then spent the next four hours trying to persuade Pepper to come close enough to them to be rescued but she refused.
Interlake Steamship Moves First ‘Mustang’ Pellets
The 1,004-foot M/V James R. Barker has sailed from the Twin Ports with a new specialized cargo: 60,000 tons of Mustang superflux pellets – the first shipment of its kind since the new pellet production began at Cliffs Natural Resources Inc.’s United Taconite mine last month. The specialized Mustang pellets, which will be used for the automotive industry and other markets, contain a higher level of calcium added to dolomite and limestone than the standard taconite pellets. Production of Mustang pellets began in May…
Irish Coast Guard Issues Weather Alert
Members of the public have been urged to heed the advice of the Irish Coast Guard as Met Éireann has issued an orange weather warning. Southerly gales will develop overnight on all Irish coastal waters and on the Irish Sea, gradually veering southwest to west later tonight and tomorrow and increasing gale to storm force. Frequent heavy showers are expected with some thunder, sleet and snow for a time, mainly on higher ground. Also expected is a high coastal flood risk, due to the combination of very high spring tides, extremely high waves (greater than 10 m). The Coast Guard strongly advises the public not to go out on exposed coasts, cliffs, piers, harbor walls, beaches, promenades or any other coastal areas during the inclement weather. Huge waves can be whipped up by high seas.
US Senators from 12 States Seek Offshore Drilling Exemptions like Florida's
Twenty-two Democratic U.S. senators from 12 states on Thursday joined the chorus of local representatives seeking exemptions from Interior Secretary Ryan Zinke's newly proposed offshore drilling plan, after his surprise move on Tuesday to shield Florida. Zinke surprised lawmakers, governors, and industry groups on Tuesday night by announcing that Florida would be removed from the Interior Department's proposal to open up over 90 percent of federal waters to oil and gas leasing.
Ferus Smit Launches Arklow Cliff
Dutch shipbuilder Ferus Smit said it has launched M.V. Arklow Cliff, the fifth vessel in a series of 10 to be delivered to Irish ship owner Arklow Shipping. The vessel, Ferus Smit newbuild #428, was launched June 30 at the builder’s Westerbroek yard. With a maximized hold volume of 220,000 cft and a carrying capacity more than 5,000 deadweight tons, the vessel falls under the 3,000 gross tons limit. Arklow Cliff has one single hold and an 1A iceclass notation. It is propelled by a 1,740 kW MaK engine with a single ducted propeller.
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.
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.
Trump Offshore Oil Proposal Could Unlock 65 Bln BOE
The Trump administration's proposal to open up almost all of U.S. offshore waters to oil and gas drilling could unlock up to 65 billion barrels of oil equivalent (boe), attracting billions of dollars in investment, consultancy Rystad Energy said. Last week, U.S. Interior Secretary Ryan Zinke said a draft program would make over 90 percent of the outer continental shelf's total acreage available for leasing to drillers, a national record. "Looking purely at areas that are potentially going to come out of restriction…
Moth Survey Prompts a UK Coastguard Search
On Tuesday, June 21 at 4:30 a.m., a small local fishing vessel reported seeing a static white light 30 meters above the cliffs at Mull of Kintyre, Scotland. Worried that there might be someone in trouble on the cliffs, the U.K. Coastguard sent Oban and Campbeltown Coastguard Rescue Teams, Campbeltown RNLI all weather lifeboat and the U.K. Coastguard search and rescue helicopter, callsign R999, based at Prestwick, to the location. Arriving on scene, the Campbeltown Lifeboat discovered that the bright light was actually being used to attract moths to a white sheet as part of a biodiversity night survey. All teams were stood down and returned to base. Stephen Turner, U.K.
Earnings Down for Most Oil Companies
Many oil companies reported a decrease in net income for the second quarter, compared to the previous year's results, although - in most cases - the second quarter still outperformed the first. While the decreases ranged in percentage, only a few companies' results were virtually unchanged from the previous year's performance. However, higher crude oil prices resulted in many companies' exploration and production net income actually increasing over the previous year. "I am encouraged second-quarter operating earnings, although down from year-ago levels, were more than six times higher than in the first quarter, reflecting the impact of higher crude oil and natural gas prices…
Maersk Drilling Bags Contract with Tullow Ghana
Maersk Drilling has been awarded a four year contract for the deep-water drillship Maersk Venturer by Tullow Ghana Ltd. The contract, which was signed December 2017, is expected to commence in February 2018 and covers development drilling on the Jubilee and TEN fields offshore Ghana. Maersk Venturer is currently in transit for the job offshore Ghana thereby further strengthening Maersk Drilling’s presence in the region. ”I am very pleased that Maersk Drilling will be mobilising another deepwater rig for this significant job in a strategically important region.
Adm. Allen Observes Chemical Carrier Inspection
Adm. Thad Allen, Commandant of the Coast Guard, listens to Lt. Cliff Harder during a safety inspection of a chemical carrier docked in the Houston Ship Channel here Monday, June 4, 2007. Allen visited Houston to speak with Coast Guard members and shipping industry personnel about the service's role in maritime safety. U.S. Coast Guard photograph by Petty Officer 1st Class Adam Eggers
MTU Engines for Navy Boats
Diesel Engineering Inc., Englewood Cliffs, N.J., is being awarded a $7,767,946 firm-fixed-price contract for 16 MTU 12V 4000 M90 propulsion diesel engines for its fast patrol boat construction contract to support requirements of the government of Israel, Ministry of Defense, under the Foreign Military Sales Program. Work will be performed in Detroit, Mich., and is expected to be completed by November 2004. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity (N00024-04-C-4205).
Norway: We Must Prepare for Arctic Oil Race with Russia
Norway must identify potential offshore oil and gas reserves near its northern maritime border with Russia to better protect its economic interest in the remote Arctic region, energy minister Terje Soeviknes said on Wednesday. The two countries agreed in 2010 to split previously disputed areas of the Barents Sea between them, allowing each to exploit resources hidden beneath the seabed. An increase in drilling activity on the Russian side of the border should lead Norway to push its own agenda, the minister said. "We need to start the discussion about what to do in the far north.
Maersk Supply Service Wins Contract With Quadrant Energy
Maersk Master and Maersk Mariner, Maersk Supply Service’s two first Starfish-class anchor handling vessels built in 2017, will be on contract with Quadrant Energy in Western Australia, commencing March 2018. Both vessels will support Quadrant Energy’s Phoenix South and Van Gogh drilling campaign which will initially cover three wells for a duration of 150 to 200 days. The highly modern and efficient vessels will be supporting Transocean’s semi-submersible rig DD1 with supply and anchor handling duties throughout the campaign. “Quadrant Energy is an important customer.
ExxonMobil Announces Oil Discovery Offshore Guyana
Exxon Mobil Corporation announced its sixth oil discovery offshore Guyana since 2015, following positive results from its Ranger-1 exploration well. The Ranger-1 well discovery adds to previous discoveries at Liza, Payara, Snoek, Liza Deep and Turbot, which are estimated to total more than 3.2 billion recoverable oil-equivalent barrels. ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. began drilling the Ranger-1 well on November 5, 2017 and encountered approximately 70 meters of high-quality, oil-bearing carbonate reservoir.
TITAN Monitoring Arctic Circle Shipwreck
TITAN Salvage has been contracted by the owners of the refrigerated cargo ship Petrozavodsk to provide environmental protection and other services for the 1,287 TDWT vessel, which ran aground on the southern tip of Bjornoya (Bear Island) in May. Bear Island is a remote location between Norway and Spitzbergen within the Arctic Circle. The crew of 12 was rescued earlier from the stricken vessel by helicopter, and the ship is now aground under precipitous cliffs which pose a threat due to falling rocks.
MPE Interiors Complete OSV Outfitting
Liverpool (Birkenhead) UK-based maritime sector contractor MPE Interiors says it has completed an outfitting contract for North East shipyard operator UK Docks, aboard the offshore support vessel 'Ocean Tay'. MPE carried out the refurbishment works at Wear Dock & Engineering in Sunderland as part of a conversion to the Ocean Tay, a 63-m (207-ft) Class A Emergency Response and Rescue Vessel (ERRV), operated by Atlantic Offshore Rescue Ltd. MPE director Cliff Grainger said it delivered a broad range of services on the conversion: "We were delighted to assist UK docks on this conversion.