Marine Link
Wednesday, June 20, 2018

Oil And Gas Activities News

Op/Ed: Opportunities for US Shipyards in 2017 and Beyond

Matthew Paxton (Photo: SCA)

SCA’s Matt Paxton weighs in on the state of domestic shipbuilding – workboat building & everything in between. As President of the Shipbuilders Council of America, the national trade association representing the U.S. shipyard industrial base, we are constantly evaluating the status of the nation’s commercial vessel building and repair base. American shipyards continue to build to the highest standards for diverse range of customers. These vessels built by American workers go on to serve an integral part to our national economic well-being and basic security responsibilities.

NOAA Considers Effects of Arctic Oil and Gas Activities

NOAA is seeking comments on a supplemental draft environmental impact statement (EIS) for oil and gas activities in the Arctic Ocean. The draft, developed in collaboration with the Department of the Interior's Bureau of Ocean Energy Management (BOEM), includes analysis on how a broader range of potential offshore oil and gas activities could affect the environment, with a specific focus on marine mammals and the Alaska Native communities that depend on the animals for food and cultural traditions.

BOEM $249,000 Grant for Louisiana Pump Station

The Bureau of Ocean Energy Management Regulation and Enforcement (BOEM) announced it has approved a grant for $249,000 to St. James Parish in Louisiana through the Coastal Impact Assistance Program (CIAP), for the second phase of a project to construct a waterline booster pump station along LA Highway 44 in Convent, La. Created by the Energy Policy Act of 2005, CIAP provides funding to the six Outer Continental Shelf oil and gas producing states to conserve and protect the coastal environment. CIAP is an ongoing program with grant funding that is allocated based on the offshore energy revenues collected by the United States. “BOEM will continue to work with the state of Louisiana and its parishes on important coastal restoration efforts through the CIAP program…

Maersk Reaches Key North Sea Tax Deal with Denmark

File photo: Maersk Oil

Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay less tax on its North Sea oil and gas activities through 2025. The deal, which has been under negotiation for months, makes it viable to redevelop the Tyra field through which 90 percent of Denmark's gas production is processed, and it is seen as crucial for the Danish company that is seeking to spin off its energy assets via a listing or merger. Maersk and its partners in the Danish Underground Consortium (DUC) -- Shell…

Keppel on track to complete FSO for Bumi Armada

Keppel Shipyard Ltd (Keppel Shipyard) is on track to complete the fast-track conversion of FSO Sepat, a floating production and storage (FSO) unit, for Bumi Armada Navigation Sdn Berhad (Bumi Armada). With a storage capacity of 500,000 barrels of oil, FSO Sepat will be deployed in offshore Malaysia for the development of the Sepat field for PETRONAS Carigali Sdn Bhd. Naming the vessel today was the Lady Sponsor Datin Aspalela Mohd Yusop, the spouse of Datuk Abdullah Karim, President of PETRONAS Carigali Sdn Bhd. Mr Nelson Yeo, Managing Director of Keppel Shipyard, said, "We are pleased to have been entrusted with all of Bumi Armada's FPSO and FSO conversion projects to date. FSO Sepat is another conversion unit that Keppel is delivering to Bumi Armada this year.

Keppel on Track to Complete FSO

Keppel Shipyard Ltd (Keppel Shipyard) is on track to complete the fast-track conversion of FSO Sepat, a floating production and storage (FSO) unit, for Bumi Armada Navigation Sdn Berhad (Bumi Armada). With a storage capacity of 500,000 barrels of oil, FSO Sepat will be deployed in offshore Malaysia for the development of the Sepat field for PETRONAS Carigali Sdn Bhd. Naming the vessel today was the Lady Sponsor Datin Aspalela Mohd Yusop, the spouse of Datuk Abdullah Karim, President of PETRONAS Carigali Sdn Bhd. "We are pleased to have been entrusted with all of Bumi Armada's FPSO and FSO conversion projects to date," said Mr Nelson Yeo, Managing Director of Keppel Shipyard. "FSO Sepat is another conversion unit that Keppel is delivering to Bumi Armada this year.

A.P. Moller Maersk Reports Interim Results

Revenue for the period increased by 9% to $29.9bn $27.4bn), primarily due to higher oil prices and container volumes. Profit for the period was 8% higher at $2.7bn $2.5bn), positively affected by divestment gain from sale of Netto Foodstores Limited, UK of $0.7bn. The Group’s ROIC was 12.8% (12.8%).. "Thanks to the good performance of our terminals and oil related businesses, the Group has delivered a satisfactory result for the first half-year. As we anticipated at the start of the year, the shipping market has been difficult, due to growing capacity, and we expect the slow economic growth and market volatility to continue for the coming quarters.

BOEM Approves First BP Exploration Plan in GOM

The Bureau of Ocean Energy Management (BOEM) approved a supplemental Exploration Plan (EP) submitted by BP for deepwater oil and gas activities. BOEM conducted a site-specific Environmental Assessment (EA) of the activities described in the plan. This is the 44th plan that has been approved following the completion of a site-specific EA since stronger regulations were implemented in June 2010. Prior to any drilling under the plan, BP must obtain drilling permits from the Bureau of Safety and Environmental Enforcement (BSEE), which will continue to assess the information that is necessary to allow specific activities. This is the first EP that BP has had approved since the 2010 Deepwater Horizon explosion and subsequent oil spill.

Vietnam Renews India Oil Deal In Tense South China Sea

Vietnam has extended an Indian oil concession in the South China Sea and begun drilling in another area it disputes with China in moves that could heighten tensions over who owns what in the vital maritime region. The moves come at a delicate time in Beijing's relations with Vietnam, which claims parts of the sea, and India, which recently sent warships to monitor the Malacca Straits, through which most of China's energy supplies and trade passes. Vietnam granted Indian oil firm ONGC Videsh a two-year extension to explore oil block 128 in a letter that arrived earlier this week, the state-run company's managing director Narendra K. Verma told Reuters.

Readout from BSEE Director Watson Visit to Fourchon

Bureau of Safety and Environmental Enforcement (BSEE) Director James A. Watson today visited Port Fourchon, La., to meet with industry representatives, the Port Commission, and the Presidents of Terrebonne and Lafourche Parishes. Director Watson discussed the recent creation of BSEE, the continued effort to enhance offshore safety and environmental protections, and the bureau's continued work on enhanced regulations. "BSEE is committed to the Administration’s goal of expanding safe and responsible development of our offshore domestic resources…

Shipping Magnate Maersk Moller Dies

Maersk Moller: Photo credit Maersk

The AP Moller-Maersk group operates Maersk Line, the world’s biggest container shipper. Its business also includes offshore oil and gas activities and retail and shipyard operations. Mr. Moller's last public appearance was at the firm’s annual general meeting last week. Known to all as 'Mr. Moller', he took over the leadership of the group in 1965, following his father’s death that year. He left daily management in 1993, and was chairman of AP Moller-Maersk A/S until 2003. Mr. Moller is survived by three daughters. His wife Emma Neergaard Rasmussen, whom he married in 1940, died in 2005.

Offshore Platform 'Siri' for Repair Despite Cost Increase

Dong Energy is implementing a permanent repair solution necessary to restore the integrity of the Danish North Sea platform Siri. The background for the repair work is that DONG Energy during a routine inspection in August 2009 discovered cracks in the nose of the subsea oil tank of the Siri platform. No pollution happened but the production was shut down for five months as a safety measure and re-started January 2010 after a temporary solution had been installed. Following the progress of the project, the repair cost estimate has been increased from the initial expected DKK 2 billion to DKK 3.5 billion of which DKK 0.6 billion was incurred in 2011.

Rutter Wins New Funding for R&D

Rutter Inc. Signs $1.4 Million Funding Contract for Ice Navigation and Detection Radar Research and Development. Canadian-based Rutter Inc. will receive $1.4 million in funding from Petroleum Research Newfoundland and Labrador under its Arctic & Harsh Environments strategic focus area. The funds will be used to build and test an advanced radar system that is capable of providing enhanced ice navigation and detection. The integrated dual polarized ice navigation and detection radar is expected to help operators distinguish between the much harder multi-year ice and first-year ice, a major challenge for vessels operating in ice‐infested waters.

GoM Operators Evacuating Ahead of Storm

Image: NOAA

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Depression No. The Bureau of Safety and Environmental Enforcement (BSEE) said its Hurricane Response Team is activated and monitoring the operators’ activities, and will continue to work with offshore operators and other state and federal agencies until operations return to normal and the storm is no longer a threat to Gulf of Mexico oil and gas activities. Based on data from offshore operator reports submitted as of 11:30 a.m.

Value Verification of Hydro and Statoil Completed

Statoil and Hydro have completed a value verification process following the agreement between the companies' boards of directors to merge Hydro's oil and gas activities with Statoil. The intention of the review has been to verify the information exchanged between the parties prior to the conclusion of the agreement. In connection with the publicising of the merger on 18 December 2006, Statoil's net interest-bearing debt was estimated to be NOK 14.3 billion at 31 December 2006. It is now expected that Statoil's net interest-bearing debt will be NOK 24-25 billion at 31 December 2006. The main reason for this change is associated with fluctuations in the working capital.

Norway’s Crown Prince Opens Offshore Wind Farm

Today His Royal Highness, Crown Prince Haakon of Norway will officially open the Sheringham Shoal Offshore Wind Farm built off the coast of Norfolk by owners Statoil and Statkraft. The Crown Prince will open the wind farm at an official ceremony at historic Holkham Hall in North Norfolk with support from UK Secretary of State for Energy and Climate Change, Edward Davey; Norwegian Minister of Petroleum and Energy, Ola Borten Moe; Minister of Trade and Industry, Trond Giske; and the owners’ presidents and CEOs, Helge Lund from Statoil and Christian Rynning-Tønnesen from Statkraft. Sheringham Shoal is owned equally by Statoil and Statkraft through the joint-venture company Scira Offshore Energy Limited.

MMS Study of Loop Current in Eastern GOM

A study released by the Minerals Management Service examines the circulation in the Eastern Gulf of Mexico (GOM) and sheds new light on the behavior of the Loop Current (LC) and Loop Current Eddies (LCEs), the relation between the upper- and lower-layer currents, and the variability of water mass characteristics in deepwater. When the LC and the LCE are present in the Gulf near oil and gas activities, operators may have to curtail or amend their operations due to the strength of the current or eddy. “The observations from this study will help MMS and other scientists better understand the Loop Current and improve our forecasting of its behavior in the Gulf of Mexico,” said Dr. Alexis Lugo-Fernandez, the MMS physical oceanographer responsible for the study.

Keppel Delivers Sea Cheyenne for Gulfmark

Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has delivered an Anchor Handling Tug/Supply (AHTS) vessel to Gulfmark Offshore Inc (Gulfmark) on schedule. The 140-ton bollard pull vessel was christened Sea Cheyenne by Rex Carroll Ross, wife of Rex Ross, Director of Gulfmark Offshore, at a naming ceremony on October 27, 2007. This is the third of eight vessels which Keppel Singmarine is building for the company since 2003. The design of the vessels is developed by Marine Technology Development (MTD), the ship design and development arm of Keppel O&M. Gene Leech, Executive Vice-President of Gulfmark Offshore, said, “Keppel Singmarine has once again delivered their vessel to us on time and to our full satisfaction.

Keppel Delivers Sea Cheyenne for Gulfmark

Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has delivered an Anchor Handling Tug/Supply (AHTS) vessel to Gulfmark Offshore Inc (Gulfmark) on schedule. The 140-ton bollard pull vessel was christened Sea Cheyenne by Rex Carroll Ross, wife of Rex Ross, Director of Gulfmark Offshore, at a naming ceremony on October 27, 2007. This is the third of eight vessels which Keppel Singmarine is building for the company since 2003. The design of the vessels is developed by Marine Technology Development (MTD), the ship design and development arm of Keppel O&M. Gene Leech, Executive Vice-President of Gulfmark Offshore, said, “Keppel Singmarine has once again delivered their vessel to us on time and to our full satisfaction.

NOAA Meetings Arctic Oil & Gas Activities

The National Oceanic and Atmospheric Administration (NOAA) will conduct five scoping meetings to receive public comments on its planned environmental impact statement on the effects of oil and gas activities in the Arctic Ocean. Meeting will be held in Wainwright (March 9); Barrow (March 10); Nuiqsut (March 11); Kaktovik (March 12); and Anchorage (March 23). Written comments should be submitted by April 9. 75 Fed. Reg. 8304 (February 24, 2010). (Source: Bryant’s Maritime News)

Gulf of Thailand PSV Charter Fixed

Miclyn Express Offshore's Thai J/V has taken delivery of the PSV 'UM Supporter' from Poet Shipbuilding & Engineering. The vessel immediately entered into a 3 year firm contract, plus two 1 year extension options, to provide coil tubing support services to a major oil and gas company’s activities in the Gulf of Thailand. This new contract is a continuation of a long standing relationship with between the two companies in this region. The fully SPS 2008-compliant vessel has total accommodation for 50 people and 500m2 of clear deck area space. Combined with a service speed of 12kts with twin 1946kW main engines, it is also fitted with two 9 tonne bow thrusters and a telescopic boom crane.

Leading Industry towards Offshore Excellence

Working offshore can be dangerous business. Miles from shore with nothing but water in all directions, offshore crews perform highly complex operations with little margin for error, and the potential for severe consequences if something goes wrong. We were reminded of this just a few weeks ago, when an explosion and fire aboard a shallow-water production platform offshore Louisiana on November 16 resulted in the tragic deaths of two confirmed crewmembers and severe injuries to many others.

BSEE Director Brian Salerno Weighs in on Offshore Ops

Brian Salerno (Photo: BSEE)

Brian Salerno was sworn in as the Director of the Bureau of Safety and Environmental Enforcement (BSEE) on August 26, 2013. He is responsible for promoting safety, protecting the environment and conserving resources through the vigorous regulatory oversight and enforcement of offshore operations on the U.S. Outer Continental Shelf. Prior to his appointment as Bureau Director, Salerno served as the U.S. Coast Guard’s Deputy Commandant for Operations where he was responsible for establishing and providing operational strategy…

Maritime Reporter Magazine Cover Jun 2018 - Green Marine Technology

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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