US Gulf Production Restarting After Barry
U.S. oil companies on Monday began restoring some of the more than nearly 74% production shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry, the U.S. offshore drilling regulator said.There was 1.3 million barrels per day (bpd) of oil production off line in the U.S.-regulated areas of the Gulf of Mexico on Monday, about 80,000 barrels less than on Sunday, according to the U.S. Bureau of Safety and Environmental Enforcement (BSEE).Workers also were returning to the more than 280 production platforms that had been evacuated.
W. Africa Crude Traders Await Sept Programs
Some August-loading Angolan cargoes cleared but trading was slow on Monday as new programs were expected to emerge this week.The preliminary Angolan loading program for September is expected to emerge on Tuesday. New Nigerian programs are expected at the end of the week.BP's August-loading cargo of Girassol, two August-loading cargoes of Mostarda were sold to India's Reliance, China's Unipec and an independent Chinese refiner, a trader said.
OP/ED: Stronger Together
In 1941, geologist Orval Lester Brace stated “it may be tentatively assumed that the Gulf of Mexico is a potential source of salt-dome oil. Whether or not it will be economically feasible to explore these waters for the domes that must exist is a question for the future to answer.” The future hypothesized by Mr. Brace was not nearly as far off as it seemed. Less than six years after his proclamation, Kerr-McGee Oil Industries, along with Phillips Petroleum, Stanolind Oil and Gas Co…
LNG Project Sanctions Set Records in 2019
Rystad Energy expects LNG greenfield investment in 2019 to reach almost $103 billion, which will be the biggest investment year for the burgeoning industry to date.A total of 33 million tpa of liquefaction capacity and $29 billion of Capex has been sanctioned so far this year, from Golden Pass LNG (US), Cheniere’s Sabine Pass T6 (US) and Anadarko’s Area 1 in Mozambique. Over 70 million tpa of capacity and $70 billion of Capex is waiting to be sanctioned in the second half of 2019.
Big Easy Braces for Barry Flooding; Emergency Declared
New Orleans braced for severe flooding with residents told to hunker down as a growing tropical storm in the U.S. Gulf of Mexico headed for landfall late on Friday or early on Saturday as the first Atlantic hurricane of 2019.U.S. President Donald Trump declared a state of emergency for the state of Louisiana late on Thursday, hours after the region's oil production was cut by half as energy companies evacuated offshore drilling facilities and a coastal refinery.Tropical Storm…
New Orleans Braces for TS Barry
Some residents and visitors prepared to flee New Orleans on Thursday as Tropical Storm Barry closed in and city officials warned of severe flooding if it makes landfall by early Saturday as the first Atlantic hurricane of the 2019 season.The storm had maximum sustained winds of 40 miles per hour (64 kph) as of 10 a.m. CDT (1500 GMT) on Thursday, the National Weather Service said.Forecasters issued a storm-surge warning for a stretch of Louisiana coastline south of already-sodden New Orleans stretching from the mouth of the Atchafalaya River to Shell Beach.
National Hurricane Center Miami Issues Hurricane Watch
A Storm Surge Watch is in effect for: Mouth of the Pearl River to Intracoastal City. A Hurricane Watch is in effect for: Mouth of the Mississippi River to Cameron. A Tropical Storm Watch is in effect for: Mouth of the Mississippi River northward to the Mouth of the Pearl River.A Storm Surge Watch means there is a possibility of life-threatening inundation from rising water moving inland from the coastline in the indicated locations during the next 48 hours. For a depiction of areas at risk please see the National Weather Service Storm Surge Watch/Warning Graphic available at hurricanes.gov.
Special Weather Bulletin for Gulf Region
Invest 92-L, which may become Tropical Storm Barry by Thursday, is becoming better organized this morning as satellite imagery and surface weather observations indicate that a circulation seems to be developing over the northeastern Gulf of Mexico.In addition, it appears that the deeper thunderstorm activity is occurring offshore and it appears that Invest 92-L is located further south than what many of the model guidance members have indicated in their forecasts.
Admiral Schultz Emphasizes Maritime as a Driver of U.S. Commerce
Last month Maritime Reporter & Engineering News was invited to join Admiral Karl Schultz, the Commandant of the United States Coast Guard, on a trek to New Orleans for an underway tour on board a mid-stream transfer operation in the Mississippi River. As the U.S. inland waterway system has endured historic water levels for more than six months, the destination provided a perfect backdrop to discuss several key messages coming from USCG leadership: the maritime industry’s critical role in facilitating U.S.
McDermott-Chiyoda Sign Cameron LNG Deal
American multinational company McDermott International and its joint venture member Chiyoda have reached an agreement with Cameron LNG related to the construction of its LNG liquefaction project in Louisiana.McDermott and Chiyoda are providing the engineering, procurement and construction for the first three liquefaction trains at the Cameron LNG export project.Cameron LNG is jointly owned by affiliates of Sempra LNG, Total, Mitsui & Co., Ltd., and Japan LNG Investment, LLC, a…
MacGregor Equipment for 2 US T-ATS Ships
Finnish marine cargo handling equipment provider MacGregor has been selected to supply repeat packages of deck machinery equipment for two new US Naval Sea Systems Command (NAVSEA) towing, salvage and rescue ships (T-ATS).According to a press release from MacGregor, part of Cargotec, the vessels under construction at Gulf Island Shipyards in Houma, Louisiana, US. The new orders have a combined value of circa EUR 8 million (USD 9.02 million and are subsequent to the first contract…
PROPULSION: The OXE Diesel Outboard Arrives
Swedish manufacturer Cimco Marine has developed the world’s first 200hp diesel marine outboard – named the OXE Diesel – for maritime security agencies, yacht tenders, municipalities and military applications.As Trace Laborde, Marine Manager for Laborde Products, said, “The OXE diesel is the complete package, a true diesel engine. It’s great for any maritime application that requires fuel efficiency, simple maintenance, compliance with all European and EPA Tier 3 regulations, and unmatched performance.
Arcosa Marine Acquires Wintech
Arcosa Marine, a wholly-owned subsidiary of Arcosa, Inc., has announced the acquisition of the assets of Wintech International, LLC, a leading provider of winches to the marine, rail, and industrial markets. The acquisition expands Arcosa Marine’s product offerings to complement Arcosa Marine’s Nabrico brand of winches and deck fittings. The combined group will offer a dynamic blend of solutions whether for towboats, barges, or dock facilities. Wintech will continue to operate in Shreveport, Louisiana, while Nabrico operates out of Gallatin, Tennessee.
Record Number of VLCC Liftings at LOOP
Medium-sour crudes from the U.S. Gulf of Mexico are being snapped up by overseas buyers, paving way for a record six supertankers to load at the Louisiana Offshore Oil Port (LOOP) in a matter of weeks, according to people familiar with the matter.The six scheduled loadings in late May and early June would double the record of Very Large Crude Carriers (VLCCs) reached in December. An unusual influx of Gulf of Mexico crudes to the U.S. deepwater export port and weakening prices are contributing to the exports…
Cheniere to build LA Sabine LNG Export Train
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said on Monday it will build the sixth liquefaction train at its Sabine Pass LNG export terminal in Louisiana.Cheniere also said it expects to make a positive final investment decision as early as 2020 to add about 9.5 million tonnes per annum (MTPA) of additional liquefaction capacity at its Corpus Christi LNG export terminal in Texas.Natural gas use is growing rapidly around the world as countries, like China, seek to wean their industrial and power sectors off dirtier coal. Cheniere is the biggest supplier of U.S.
Sempra's Cameron LNG Terminal Ships First Cargo
Sempra Energy said on Friday the $10 billion Cameron liquefied natural gas export terminal in Louisiana had shipped its first cargo, making the plant the fourth big LNG export terminal to enter service in the United States.Mitsui & Co Ltd, one of the partners in the Cameron project, chartered the tanker, Marvel Crane, to pick up the commissioning cargo.It was not immediately clear where the vessel was headed.Sempra said commissioning cargos were a critical step in the start-up process. The plant is expected to get federal authorization to enter commercial operations in mid-2019.Natural gas use is growing fast around the world as countries seek to wean their industrial and power sectors off dirtier coal.There are three liquefaction trains at Cameron.
US Oil Production Up, Needs More Pipelines
The rising domestic crude oil production in the United States has created a need for more pipeline capacity, revealed the US Energy Information Administration (EIA).EIA recently launched a new liquids pipeline projects database that tracks more than 200 crude oil, hydrocarbon gas liquids (HGL), and petroleum products pipeline projects."Rising domestic crude oil production has led to several changes in Gulf Coast crude oil supply and demand patterns, creating a need for more pipeline capacity…
Calcasieu Pass LNG Facility Gets $1.3bln
US liquefied natural gas (LNG) developer Venture Global LNG has signed a deal with investment firm Stonepeak Infrastructure Partners for a $1.3bn equity investment in the Calcasieu Pass LNG export facility.Calcasieu Pass project is a 10 million tonnes per annum (MTPA) liquefied natural gas project in Cameron Parish, Louisiana. - giving the LNG project a major financial boost as construction starts. The facility is expected to begin supplying LNG to customers in 2022.This brings…
ESG Delivers USCG Sub-M Towboat
Eastern Shipbuilding Group has delivered the M/V Brian Boudreaux (Hull 198). It is also the first new construction USCG Sub-M towboat for Florida Marine Transporters, LLC of Mandeville, LA.It was in early 2018, when Florida Marine Transporters, LLC signed four more additional towboats, bringing the total to seventy (70) vessels contracted over the last 14 years. The M/V Brian Boudreaux was constructed at Eastern’s Allanton Facility from a design furnished by Gilbert Associates, Inc. of Boston, MA.
Conrad Names Oceangoing Tug for Hawaii
The provider of shipbuilding services Conrad Shipyard christened the oceangoing tug Kāpena Bob Purdy for Young Brothers Ltd, of Honolulu, Hawaii, a subsidiary of Foss Maritime Company.During the ceremony, which was held at Conrad Amelia in Amelia, Louisiana, Gary Lipely, Conrad Director of Sales and Marketing serving as master of ceremonies, introduced Joseph Boivin of Young Brothers, Will Roberts of Foss Maritime, and Julia MacDonald, Ship’s Sponsor.Father Clyde Mahler of Holy Cross Catholic Church in Morgan City conducted the christening…
U.S. Refiners' 2020 Plans Now Uncertain
U.S. refiners had a plan for 2020: use their complex operations to maximize profits by making products that would comply with new international laws capping sulfur content in shipping fuels.But after a series of unexpected market moves, heavy, sour crude oil processed by U.S. refiners has become more expensive, eating up hoped-for profit windfalls before they even materialized, forcing refiners to rethink plans to invest more in heavy crude processing units.New regulations by…
Tellurian to Decide on Louisiana Driftwood LNG Project in 2019
Tellurian Inc confirmed on Wednesday it still plans to make a final investment decision to build its proposed $30 billion Driftwood liquefied natural gas (LNG) export project in Louisiana in 2019:* The company, in a first-quarter earnings statement, said it was on track to make a final investment decision in 2019, start construction in 2019 and begin operations in 2023.* Driftwood is designed to produce 27.6 million tonnes per annum (MTPA) of LNG or about 4 billion cubic feet per day (bcfd) of natural gas. One billion cubic feet of gas is enough to fuel about 5 million U.S. homes for a day.* The company has said the first phase will likely comprise 16.6 MTPA.* Driftwood is one of more than a dozen U.S.
Tellurian Clears Hurdle for LNG Export
Texas-based natural gas company Tellurian has announced that the US Department of Energy (DOE) Office of Fossil Energy has issued the long-term authorisation for Driftwood LNG to export domestically produced LNG from its proposed export facility to non-free trade agreement (non-FTA) countries.U.S. Secretary of Energy Rick Perry said, “I am pleased to announce the order signed today authorizing Driftwood, owned by Tellurian Inc., to export up to 3.88 billion cubic feet per day of natural gas as LNG…