Offshore Energy Course Earns RTN Recognition
Leading the way for client representative training in offshore renewables industry . An operational offshore energy course, providing training in the running and delivery of offshore renewables projects, has received industry recognition from the Renewables Training Network (RTN). The Client Representative Course, run by Offshore Marine Academy (OMA), received the ‘RTN Recommended’ status earlier this month, highlighting the academy’s ambitions to meet training demand as well as to close the skills gap within the industry.
Rigs' Parts Lack Third-Party Endorsements
According to an Associated Press report from August 31, the equipment failures blamed for the Gulf oil spill might have been detected if the owners of the Deepwater Horizon continued to have the rigs’ drilling equipment verified by independent experts — something federal regulators mistakenly thought was happening offshore. This lapse in the offshore energy industry's safety net has emerged as a key finding in the joint federal inquiry by the Coast Guard and Bureau of Ocean Energy Management, Regulation and Enforcement into the largest offshore oil spill in U.S. history. (Source: Associated Press)
FGH’s Convertible Note Interest Payment Status
Friede Goldman Halter, Inc. announced that it has not made the semi-annual interest payment on its outstanding 4 1/2% convertible subordinated notes due 2004. The company plans to make this interest payment within the 30-day grace period provided under the indenture relating to the notes. Friede Goldman Halter is a world leader in the design and manufacture of equipment for the maritime and offshore energy industries. Its operating units are Friede Goldman Offshore (construction, upgrade and repair of drilling units, mobile production units and offshore construction equipment); Halter Marine (construction of vessels for commercial and governmental markets)…
SBM Offshore, CGU, AGU Sign MoU
The Comptroller General's Office (CGU), the Attorney General's Office (AGU) and SBM Offshore today signed a Memorandum of Understanding (MoU). The MoU sets a framework between the Company, the CGU and the AGU for discussions on a potential mutually acceptable settlement and for the disclosure by SBM Offshore of information relevant to the CGU's investigations. SBM Offshore provides floating production solutions to the offshore energy industry, over the full product life-cycle.
Geiger Named FGH President
Friede Goldman Halter elected Paul Geiger, Jr. as president of Friede & Goldman, Ltd., the company's naval architecture division, which is renowned for its designs of mobile offshore drilling units for the offshore energy industry. Geiger, who joined the company in 1989 as vice president of design, will head Friede & Goldman's newly consolidated offices in Houston.
Halter Marine Confirms Merger Talks
Shipbuilder Halter Marine Group Inc. confirmed it is in talks with an oilfield service company about a possible stock-for-stock merger. The company, which in January announced a sweeping restructuring to cut costs, said it cannot assure the talks will lead to a transaction. It also said it cannot guarantee a deal, if any, would represent a premium over current market prices. Halter Marine, which also builds offshore drilling rigs and engineered products serving the offshore energy industry, said it will not issue further comment until the talks are completed or are called off.
Tidewater to Sell Fleet of Safety Standby Boats
Tidewater Inc., operator of the world's largest fleet of vessels serving the offshore energy industry, reportedly agreed to sell its North Sea safety-standby boats to BUE Marine Limited of Edinburgh, Scotland.
Miller is VP - Government and Political Affairs, NOIA
The National Ocean Industries Association (NOIA) has promoted Megan Bel Miller to Vice President for Government and Political Affairs. She will lead NOIA's Congressional relations and Political Action Committee.Megan joined the NOIA staff in May 2013 as Senior Director, Government & Political Affairs. “Megan’s unparalleled Hill and legislative experience combined with her knowledge of the Gulf of Mexico and the offshore energy industry have greatly benefitted the NOIA membership and staff over the past two years.She has helped further our mission to promote offshore energy access…
Subsea 7 Wins Pipeline Industries Guild Award
Subsea 7, a provider to the offshore energy industry, has won the Pipeline Industries Guild’s (PIG) 2012 Subsea Pipeline Technology Award. The award was made at the PIG National Dinner in London’s Grosvenor House Hotel. The award recognizes Subsea 7’s technology initiative for the installation of Mechanically Lined Pipe (Bubi® pipe) by reel–lay³. Subsea 7’s has been working with the pipe manufacturers BUTTING to optimize the technical and commercial benefits of using Bubi® pipe over corrosion resistant alloys and metallurgically clad pipes currently used by the industry. The technology, independently qualified by DNV, has demonstrated its market potential and been adopted for the first major Pre-Salt project, Guará-Lula NE, in Brazil by Petrobras.
NOIA President Comments on Schneider's DOI Nomination
“It is the prerogative of the President and Secretary to nominate whomever they choose, but there are many unanswered questions about how Janice Schneider will regulate the offshore energy industry. He added, “That being said, many of our members are disappointed that Tommy Beaudreau was not nominated. He came to the Department of the Interior during a difficult time, but over the last two years he earned the reputation for being willing to listen and learn about industry concerns. I wish him the very best as he returns his full attention to the Bureau of Ocean Energy Management.
OSD Opens China Design Office
The Offshore Ship Designers group has opened a design office in . Initially staffed with six naval architects it will provide design resources to OSD’s European partners and also provide Asian shipyards with innovative tug and offshore support vessel designs. OSD has recently undergone a change in partners with the acquisition by ’s Ulstein Group of one of the founding partners, Dutch heavy offshore vessel designer . OSD now consists of the combined resources of WorldWise Marine, the specialist tug design and consultancy, and IMT Marine Consultants, which has a strong portfolio of offshore support vessels of all types. Offshore Ship Designers Group (OSD) is a global one-stop resource delivering naval architecture and marine engineering skills to the shipping and offshore energy industries.
NOIA Appoints Four to BoD
National Ocean Industries Association (NOIA) Chairman David Welch has appointed four new members to the association’s Board of Directors. The appointments were announced today during NOIA’s fall meeting in Jackson Hole, Wyoming, where the association is commemorating 45 years of commitment to America’s offshore energy industry. Today, the oil and gas industry, long centered in the Gulf of Mexico, produces 17% of America’s domestic oil and 5% of our domestic natural gas, while off the coast of Rhode Island…
Offshore Energy Industry Evacuates Before Ike
The offshore energy industry continues to evacuate workers from the in advance of Hurricane Ike. According to the Minerals Management Service, 78 percent of oil production was shut in because of the approaching storm. Some 23 percent of the platforms in the Gulf and 36 percent of the rigs in the Gulf have been evacuated. Platforms are the offshore structures from which oil and natural gas are produced. Source: The Times-Picayune
Subsea 7 Acquires Normand Oceanic
Subsea 7 S.A. has announced an agreement to acquire the remaining 50% shareholdings in its equity accounted joint ventures, Normand Oceanic AS and Normand Oceanic Chartering AS, from Solstad Farstad ASA for a nominal cash consideration. Effective from the date of the transaction, the Group will become the sole owner of Normand Oceanic, a flex-lay and heavy construction vessel that is being managed by Solstad Farstad while under long-term charter to a third party. The Group will assume all obligations related to an outstanding loan of approximately $100 million.
NOIA Optimism on Gulf of Mexico Oilfield Sales
Overall, compared to the last two years, we are seeing a positive trend for the offshore industry in the Gulf of Mexico, and we are looking forward to Wednesdays lease sale with cautious optimism. Not only is this the first Central Gulf of Mexico sale in two years and the last lease sale in the current five year OCS leasing plan, but the 2012-2017 plan is not yet out, so it is unclear when the next Central Gulf sale will occur. These factors likely point to pent-up demand and interest in leases. If you consider a few big discoveries in the Central Gulf over the past few years, such as Chevrons Hadrian discovery and BPs Tibor and Kaskida discoveries in deepwater and McMorans Davey Jones discovery in shallow water, there may be heavy interest in both deepwater and shallow water blocks.
James Fisher Opens Offshore Vessel for Tours
James Fisher Marine Services Ltd (JFMS), and Fendercare Marine, both subsidiaries of James Fisher and Sons plc (JFS), held an open day to demonstrate the capability of their shoreside support base and the offshore support vessel, the Dart Fisher. The Dart Fisher, which was berthed in the Fendercare Marine base in Great Yarmouth, is a 26-meter catamaran specifically designed to service the offshore energy industry with the capability to transfer up to 12 engineers, three 20-foot containers with a total combined cargo weight of 30 metric tons.
What Hurricanes Teach Us About Energy Security
After a few years of relative calm, the 2017 hurricane season wreaked havoc in the Atlantic and the Gulf of Mexico, causing widespread damage and human suffering, and exposing the vulnerabilities and strengths of American energy security. As the flood waters from Hurricane Harvey receded and Gulf coast residents embarked on the arduous road to recovery, the offshore energy industry took stock and counted its losses and blessings. Offshore energy facilities faired remarkably well compared to onshore energy facilities, many of which suffered catastrophic damage from flood waters.
Tidewater Declares Dividend
Tidewater Inc.'s board of directors declared a quarterly dividend of $.15 per share on Tidewater's approximately 57 million shares of common stock outstanding. The dividend was declared during a regular meeting of the board and is payable June 21, 2007 to shareholders of record on June 11, 2007. Tidewater Inc. owns 463 vessels, the world's largest fleet of vessels serving the global offshore energy industry.
Crowley to Christen Barge
On July 28, Crowley Maritime Corporation will christen the 455-2, the second of three new Heavy Lift 455 series deck barges being built to handle project work for the offshore energy industry - primarily in the Gulf of Mexico. The 455-2 is one of three 400 x 105-ft.-wide deck barges to be built at Gunderson Marine's shipyard in Portland, Oregon. The media is invited to attend this christening, which will feature the traditional breaking of a champagne bottle against the hull and the subsequent launch and spectacular splashdown into the Willamette River.
Subsea 7 Wins Offshore W. Australia Contract
Subsea 7 S.A. wins a US$100-million from Apache Australia Pty for the Julimar Development Project. The project includes the transportation, installation and pre-commissioning of subsea umbilicals, manifolds and diver-less tie-in spools. Project management and engineering will commence immediately from Subsea 7’s office in Perth, Australia, with offshore operations scheduled to commence in late 2014. Darren Cormell, Subsea 7's Vice President, Australia & New Zealand said: “We are delighted to have been awarded this exciting and prestigious Australian contract. Norway-based Subsea 7 S.A. is a seabed-to-surface engineering, construction and services contractor to the offshore energy industry worldwide.
Crowley Christens Barge 455-3
Crowley Maritime Corporation recently christened and launched barge 455-3, the third heavy-lift 455 series flat-deck barge to be built and delivered to Crowley this year by Gunderson Marine in Portland, Ore. Susan Michel, Crowley's director of people development and learning, had the honor of sponsoring and christening the newest addition to the company's growing big-barge fleet. Barges 455-3, 455-2 and the Marty J, all delivered this year, are 400-feet long by 105-feet-wide deck and are engineered for handling project work for the offshore energy industry, primarily in the Gulf of Mexico. Each, with its 105-foot width and 25-foot depth, offers increased capacity and stability for transporting large cargoes.
Lundstrom Joins Tidewater
Tidewater Inc. said that Bruce D. Lundstrom has joined Tidewater as Senior Vice President, General Counsel and Secretary. Lundstrom, who will report to Chairman, President and CEO Dean Taylor, will be responsible for the Legal, Insurance and Human Relations/Benefits staffs of the company, and will also act as Tidewater's Chief Compliance Officer. He joins Tidewater following a ten-year career within the oil and gas industry. In his most recent position at Prisma Energy International Inc. as Senior Vice President and General Counsel. Tidewater Inc. owns 454 vessels, the world's largest fleet of vessels serving the global offshore energy industry.
Damen Debuts New Fast Crew Supplier Vessel
Damen Shipyards Group has introduced a new model to its Fast Crew Supplier range: the FCS 2710, which builds on the FCS 2610 first introduced in 2011.The first FCS 2710 vessel is already in build at Damen Shipyards Gorinchem for delivery in July 2018. The FCS 2710 retains the twin hull, axe bow design. However, as the offshore energy industry has evolved in recent years so has its requirements for crew transfer vessels and the regulations that govern them. Damen has listened to the feedback and designed a vessel that retains much of the fundamental design of the 2610…