Transocean Gets Contract for GSF Explorer
Transocean Inc. was awarded of a 689-day contract by a consortium headed by Marathon International Petroleum Indonesia Ltd, a wholly owned subsidiary of Marathon Oil Corporation, for the ultra-deepwater drillship GSF Explorer to drill a series of exploration wells in a deepwater province in Indonesia. The Makassar Strait Explorers Consortium (MSEC) comprises Marathon International Petroleum Indonesia Ltd, Anadarko Popodi Ltd, ConocoPhillips (Kuma) Ltd, ENI Bukat Ltd, Statoil Indonesia Karama AS and Talisman (Sageri) Ltd. The 689-day contract is expected to commence in the fourth quarter of 2009 following the completion of existing contractual commitments in Angola and mobilization to the Makassar Strait…
Commandant Presents Rear Adm. William M. Benkert Awards
Coast Guard Commandant Adm. Thad Allen will honor the recipients of the 2008 Biennial, Rear Adm. William M. Benkert, Marine Environmental Award for Excellence by presenting the awards during an American Petroleum Institute luncheon in . Silver Award -- U.S. Honorable Mention -- Todd Pacific Shipyards Corporation, Seattle, and SeaRiver Maritime Inc., . The award recognizes maritime industry businesses and corporations involved in marine facility or vessel operations that have demonstrated sustained excellence and outstanding achievement in protecting the marine environment. The award program also encourages innovations in operations, maintenance, cargo handling, refueling, training and the sharing of best practices throughout the industry.
Keppel Clinches FPSO Conversion Contract
Keppel Shipyard, a wholly-owned subsidiary of Keppel Corporation Ltd, has secured a Floating Production Storage & Offloading (FPSO) hull conversion contract worth S$84 million from Marathon Petroleum Company (Norway) on MST Odin. The 87,000 dwt multi-purpose shuttle tanker arrived at Keppel Shipyard for the fast track hull conversion on 19 March. Odin will undergo hull upgrading and modification works which involve procurement, construction and installation of the FPSO hull equipment, including shipboard marine systems, cargo, ballast, inert gas, crude oil washing, fire fighting and electrical and instrumentation. The contract also entails the fabrication and installation of topside module support structures…
MN 100: Marathon Petroleum Corporation
Headquartered in Findlay, Ohio, Marathon Petroleum Corporation (MPC), together with its subsidiaries, is one of the largest petroleum product refiners, marketers and transporters in the United States. Supporting all of these is a large fleet of company owned, chartered and operated barges. Marathon Petroleum’s Marine Transportation provides services that meet the marine transportation needs of Marathon Petroleum Company LP (MPC). Marine Transportation’s inland river fleet is one of the largest private domestic fleets of inland petroleum product barges…
Husky Energy Agrees To Acquire Marathon Canada
Husky Energy, through a wholly owned subsidiary, has agreed to acquire all of the issued and outstanding shares of Marathon Canada Limited and the Western Canadian assets of Marathon International Petroleum Canada, Ltd. The total purchase price is $588 million (U.S.). Production from Marathon Canada is approximately 27,000 gross barrels of oil equivalent per day (boe/d). The effective date of the transaction is October 1, 2003. In a separate transaction, Husky has agreed to sell certain of the Marathon Canada oil and gas properties with gross production of approximately 7,500 boe/d to a third party for a sale price of $320 million (U.S.). The assets to be retained by Husky are properties located primarily in northern and southern Alberta and northeastern British Columbia.
Island Oil & Gas Begins Drilling Operations
Island Oil & Gas plc has spudded well 48/23-3 at Seven Heads West in the Celtic Sea offshore Ireland. The well is the first in its planned 2006 and 2007 drilling programs. Well 48/23-3 is designed to appraise a possible extension of the Upper Wealden gas sands that are producing gas in the 48/24-6 production well immediately to the east. The well, which is in a water depth of 329 feet, will be drilled to a planned total depth of 3,200 feet TVD ss. Island concluded a Sub-Area Equity Interest Assignment Agreement for the Seven Heads West area with Marathon International Petroleum Hibernia Limited, through its wholly-owned subsidiary Marathon Seven Heads Limited (formerly Ramco Celtic Sea Ltd) in February 2006.
News: Trinity Launches Barge for Marathon
Trinity Marine Products held a barge launching ceremony recently at its Madisonville, La., barge-building facility. The barge launch marks the completion of the first tank barge manufactured by Trinity Marine Products for Marathon Ashland Petroleum, LLC, as part of a new five-year contract between the companies. Trinity Marine Products signed a five-year contract with Marathon Ashland Petroleum in July 2002. Six barges will be completed in 2003, with an option to manufacture nine additional tank barges by 2006. Marathon will use the barges for transporting refined petroleum products. Paul Mauer, president Trinity Marine Products, said, "It is with great pride that we launch this barge for Marathon Ashland Petroleum.
Jakarta's New Container Terminal Starts Operating
On August 18, a new container terminal built by NYK Line together with PT. Pelabuhan Indonesia II (Persero) (IPC), Mitsui & Co. Ltd. and PSA International Pte Ltd opened for commercial service at Tanjung Priok Port in Jakarta, Indonesia. This new terminal will be operated by the newly established company PT New Priok Container Terminal One. The terminal will have an annual handling capacity of approximately 1.5 million twenty-foot equivalent units (TEUs) of containers, an overall berth length of 850 meters and a 16-meter draft…
Trinity Marine Hosts Launching Ceremony
Trinity Marine Products held a barge launching ceremony on February 14 at its Madisonville, La., barge-building facility. This Barge Launch marks the completion of the first tank barge manufactured by Trinity Marine Products for Marathon Ashland Petroleum, LLC, as part of a new 5-year contract between the 2 companies. will be on hand for the event. Trinity Marine Products signed a 5-year contract with Marathon Ashland Petroleum in July 2002. Six barges will be completed in 2003, with an option to manufacture nine additional tank barges by 2006. Marathon will use the barges for transporting refined petroleum products. Paul Mauer, president Trinity Marine Products, stated, "It is with great pride that we launch this barge for Marathon Ashland Petroleum.
NPCT1 to Develop New CT in Jakarta
PT. Pelabuhan Indonesia II (Persero) (“IPC”), Mitsui & Co, Ltd. (“Mitsui”), Nippon Yusen Kabushiki Kaisha (“NYK Line”) and PSA International Pte Ltd (“PSA”) have agreed to jointly participate in the construction and operation of a new container terminal at Tanjung Priok Port, Jakarta, Indonesia. This new terminal will be developed and operated by the newly established project company PT New Priok Container Terminal One (“NPCT1”). The Republic of Indonesia has in recent years experienced dramatic economic growth accompanied by a rapid increase in container traffic.
Crowley Christens Third LNG-ready Product Tanker
Crowley Maritime Corporation christened the third of four new LNG-ready Jones Act product tankers at a May 5 ceremony at the Julia Street Cruise Terminal in New Orleans. The 600-foot-long, 50,000-dead-weight-ton (dwt), 330,000-barrel-capacity MT Louisiana is capable of carrying crude oil or refined petroleum products, as well as other chemical products for U.S. Coastwise trade. The new vessel joins Crowley sister ships, Ohio and Texas, to be the first tankers ever to receive the American Bureau of Shipping’s LNG-Ready Level 1 approval…
Marathon Traders Gain E.Coast foothold with Hess Deal
Marathon Petroleum Corp is poised to expand its growing Midwest and Gulf Coast fuel trading operation to the East Coast with Thursday's deal to buy Hess Corp's retail network and transport contracts. The purchase will give Marathon control of Hess's gasoline stations and access to pipelines, including the capacity to ship approximately 40,000 barrels per day on the sought-after Colonial Pipeline from the Gulf Coast to the East Coast, according to the companies. The $2.9 billion deal is expected to close late in the third quarter. That likely means opening up new trading opportunities. Marathon's nearest refinery is nearly 500 miles east of New York City in Canton, Ohio, with few major pipelines in between.
Marathon Ashland Petroleum Garners USCG Award
Marathon Ashland Petroleum LLC’s (MAP) Marine Transportation group has received the U.S. Coast Guard’s prestigious William M. Benkert Award for Environmental Excellence. Accepting the silver award on behalf of MAP Marine Transportation was Bruce Tilton, manager, Marine Transportation. “This is indeed an honor, and we are truly thrilled to receive this award, says Tilton. “Because this is the U.S. Coast Guard’s premier national award, recognizing marine environmental excellence, the competition is fierce- there are rigorous and demanding standards that a company has to meet to be considered,” adds Tilton. Tilton accepted the award from Coast Guard Rear Admiral Paul J.
Jakarta to Boost Security of Small Vessels
Jakarta will boost security of small vessels after hijackings 15 July, says a report in Protection Vessels International Ltd (PVI). Indonesia is currently discussing with the International Maritime Organisation the rules for deployment of naval and coast guard vessels to escort small vessels delivering traded goods between Indonesia, Malaysia and the Philippines, after a series of hijackings in the Sulu and Celebes seas by Abu Sayyaf group (ASG) pirates. Jakarta will also coordinate…
Crowley Christens MT West Virginia
Crowley Maritime Corp. today christened the MT West Virginia, its fourth new, Jones Act product tanker for the U.S. coastwise trade, in Philadelphia at Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA. The West Virginia is LNG ready, meaning it can later be converted for propulsion by liquefied natural gas (LNG). West Virginia joins its sister ships, Louisiana, Ohio and Texas, which were received by Crowley in 2015 and 2016 as the first-ever tankers to receive the American Bureau of Shipping’s (ABS) LNG-Ready Level 1 approval.
Horizon Offshore Names Frank as Chairman of the Board
Horizon Offshore, Inc. announced the board of directors has elected J. Louis Frank as chairman of the board of the Houston-based marine construction company. Replacing outgoing chairman, James Devine, a UK national, with Frank, a U.S. citizen, allows Horizon to meet certain U.S. regulatory requirements relevant to a recently awarded contract. Mr. Devine remains a member of the board of directors. J. Louis "Corky" Frank joined the board of directors at Horizon in July 2001. Frank has extensive oil and gas and management experience, having held numerous positions of responsibility over 43 years with Marathon Oil Company, including service as president of Marathon Ashland Petroleum. He retired from Marathon in 2001.
Coast Guard Environmental Awards
The US Coast Guard announced the winners of the Rear Admiral William M. Benkert Marine Environmental Protection Awards for 2006. In the large business vessels operations category, the winners are Ocean Shipholdings of Houston; Marathon Petroleum Co. of Ashland, Kentucky; and Matson Navigation Co. of Oakland. In the large business facility operator category, the winners are Dow Chemical Co. of Freeport, Texas; BP Cooper River of Wando, South Carolina; Odjfell Terminals of Houston; , and Todd Shipyard of Seattle. In the foreign business vessel operator category, the winner is BP Shipping of the United Kingdom. In the small business vessel operations category, the winner is US Shipping Partners of Edison, New Jersey.
Howard Thill Joins Devon to Succeed White
Howard Thill has joined Devon Energy Corporation as senior vice president, communications and investor relations.He has joined the company to fill the position created by the retirement of Vince White, senior vice president, communications and investor relations. The company announced yesterday the retirement of Vince White who is scheduled to retire August 8, 2014. “Howard brings to Devon deep knowledge borne of extensive and varied experience in our industry,” John Richels, Devon’s president and chief executive officer said. Prior to joining Marathon, Thill was director of investor relations with Phillips Petroleum Co. He began his career with Phillips in 1982 as a drilling fluids sales/service engineer.
Greenpeace In Legal Battle With U.K. Over Oil Exploration
Environmentalist group Greenpeace reportedly took the UK government to court over what it sees as Britain's failure to protect coral beds, whales, dolphins and other marine life from the effects of oil and gas exploration. Greenpeace officials said the government has failed to apply the European Union Habitats Directive to oil and gas exploration in the relatively deep waters of the Atlantic Frontier, where oil companies believe large new oil reserves are waiting to be tapped. Oil companies Texaco, Esso UK, Marathon Oil UK, Mobil North Sea, Enterprise Oil, Conoco Ltd., Statoil, Philips Petroleum UK, Elf Exploration And British Gas Exploration and Production are opposing Greenpeace's moves.
Greenpeace Wins Bid To Delay North Atlantic Exploration
Greenpeace won its bid to delay oil exploration in the north Atlantic when a judge ruled the British government was failing to apply a European Commission environmental directive in allocating licenses. The government is considering an appeal against the judgment on the basis that it is not taking into account the Commission's Habitats Directive in issuing exploration licenses. A spokesman said the government had been planning to issue new licenses in its 19th round early in 2000, but this was likely to be delayed. Ten energy companies were also party to the case. These were: Texaco, Esso UK, Marathon Oil UK, Mobil North Sea, Enterprise Oil, Conoco Ltd, Statoil, Philips Petroleum Co UK, Elf Exploration and British Gas Exploration and Production.
Neptune Start-Up Delayed by Hull “Anomolies”
The Neptune TLP, which is located approximately 120 miles off the Louisiana coastline, was scheduled to start up first oil and natural gas production by the end of March and the company is currently assessing all the options in order to re-commence start up activities. The schedule for first production will be updated. BHP Billiton is designated operator of the field with a 35 per cent interest. Partners include Marathon Oil Company (30 per cent), Woodside Energy (USA) Inc. (20 per cent), a subsidiary of Woodside Petroleum Ltd., and Maxus (U.S.) Exploration Company (15 per cent). Neptune is a single-column TLP and was installed in 4,250 feet (1,300 meters) of water on Green Canyon Block 613.
Marathon Petroleum Repowers Three Towboats
When Marathon Petroleum wanted to repower its inland river towboats, the company turned to its Cat dealer Whayne Power to get the job done. Marathon had installed Cat 3606 engines on the inland waterways vessels in the early 1990s, and twenty years later was ready to repower three towboats with the successor to the 3600 engine series, the Cat C280. Starting in December 2013, Whayne Power worked with Marathon to repower the three vessels with Cat C280-6 engines, each rated at 2,548 bhp at 900 rpm. “Marathon Petroleum has been a proud Cat customer for decades and had great success with the reliability and durability of the Cat 3606 engines since the initial installation of the engines,” Lincoln Turnage, Whayne Power marine account manager noted.
O.W. Bunker Expands Far East Business
O.W. Bunker has expanded their activities in the Far East with the establishment of O.W. Bunker China Ltd. The new company will be situated in Hong Kong and is the result of the purchase of all activities from South Horizons International Petroleum Ltd. (SHIP), Hong Kong. With effect from 1st May, 2004, all bunker activities of SHIP Hong Kong will be transferred to the newly established company. O.W. Bunker China Ltd. will concentrate their trading activities within the rapidly developing Chinese market. Mr.