Frontier Driller Christened
The semisubmersible rig, Frontier Driller was christened with its new name at Signal International’s East Bank shipyard on Saturday November 1, in Pascagoula, MS. Mrs. Debbi Schnoor ceremoniously broke a bottle of champagne on the rig’s structure to highlight the event. The ceremony was attended by representatives from Frontier Drilling and Shell Oil Company. Shell has contracted the rig for exploration in the Gulf of Mexico. The event concluded a major upgrade of the giant rig. Signal had performed extensive modifications to the drilling unit since it first arrived in Pascagoula in February 2006. The Signal yard had renewed every electrical and mechanical system…
Shell Marine Launches New Cylinder Oil
Shell Marine has launched a new two-stroke engine cylinder oil, Shell Alexia 140, now available from the ports of Rotterdam, Bremerhaven, Hamburg, Antwerp, Tanjung Pelepas, Busan and Salalah. The launch follows receipt of a No Objection Letter (NOL) for commercial use of Shell Alexia 140 from MAN Diesel & Turbo and coincides with Shell Alexia 140’s acceptance into full scale operations by two major customers. In September 2016, Shell Marine disclosed Alexia 140’s selection as the first test oil for ‘ACOM’ - MAN Diesel & Turbo’s Automated Cylinder Oil Mixing process.
Gazprom, Shell Discuss LNG Projects
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Maarten Wetselaar, Member of the Executive Committee of Royal Dutch Shell, took place in St. Petersburg. The meeting addressed relevant aspects of strategic cooperation. Particular attention was paid to joint efforts in the liquefied natural gas (LNG) sector. The parties discussed the construction project for the third train of the LNG plant on Sakhalin Island and the progress of the Joint Study Framework Agreement for the Baltic LNG project. The meeting also focused on the Nord Stream 2 project.
Shell to Get Permission to Drill in the Arctic
The US government is expected this week to give the go-ahead to a controversial plan by Shell Oil Company, one of the largest oil companies in the world to restart drilling for oil in the Arctic. The UPI reports that the decision rests on the U.S. Department of Interior Secretary Sally Jewell, who is expected to announce the decision on Wednesday. The green light from Sally Jewell, the interior secretary, will spark protests from environmentalists who have campaigned against proposed exploration by Shell.
Shell Announce Pause in Alaska Drilling Program
Royal Dutch Shell plc will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas. Shell inform that the time out this season will be used to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska, but this is a long-term program that we are pursuing in a safe and measured way,” said Shell Oil Company President, Marvin Odum. Alaska holds important energy resources. At the same time, securing access to those resources requires special expertise, technology and an in depth understanding of the environmental and societal sensitivities unique to the region. Shell is one of the leaders in an industry move into offshore Arctic exploration.
Export of US LNG: Company to be Formed
Shell US Gas & Power & Kinder Morgen subsidiary Southern Liquefaction Company to exploit LNG export opportunities. The two companies have announced their intent to form a limited liability company to develop a natural gas liquefaction plant in two phases at Southern LNG's existing Elba Island LNG Terminal, near Savannah, Ga. Subject to various corporate and regulatory approvals, Shell and Kinder Morgan affiliates have agreed to modify EPB’s Elba Express Pipeline and Elba Island LNG Terminal to physically transport natural gas to the terminal and to load the liquefied natural gas (LNG) onto ships for export. “Kinder Morgan is delighted to be working with Shell at Elba Island on this project…
Wayward Rig 'Kulluk' Safely Arrives Kiliuda Bay
The 'Kulluk', towed by the 'AHTS Aiviq' has arrived in the safe harbor for assessment of any damage caused by its recent grounding. The Kulluk was refloated from its Ocean Bay position, off Sitkalidak Island, late Jan. 6, and will remain connected to its support vessels while it undergoes assessment in Kiliuda Bay, located about 30 miles north of Ocean Bay. The final location for assessment within the Bay will be determined by environmental conditions, including weather. The Coast…
DNV GL, Chrysaor Pact for North Sea Operations
DNV GL has secured a combined engineering services agreement with Chrysaor Holdings Ltd. to deliver a unique range of services to the company in support of its North Sea Operations. Chrysaor recently completed the acquisition of a package of assets in the UK North Sea from Shell for a price of $3.0 billion. The transaction sees Chrysaor become the leading independent E&P company in the UK. It currently has more than 400 staff working in the UKCS. Hari Vamadevan, Regional Manager UK & West Africa…
OSMC Holds India Seafarers Conference
Oman Ship Management Company (OSMC) has staged a conference in India enabling seafarers to share best practices and expand industry knowledge.It comes as OSMC figures reveal growth in its managed fleet expanding from 27 to 38 in last two years, largely due to expansion in its chartering business. More than 100 delegates joined the Officer’s Conference at the JW Marriot in Juhu, Mumbai. The two-day event involved seafarers from OSMC fleet vessels, office staff, crewing agencies and industry experts such as from Shell, P&I Clubs and Lloyds Register.
UK Shipping Seeks to Double Seafarer Training Fund
The UK Chamber of Shipping, with backing from 40 shipping companies, has this week written to the Secretary of State for Transport, Chris Grayling, asking the Government to double the amount of funding available for seafarer training as soon as possible. The letter was also sent to the Chancellor of the Exchequer, Philip Hammond and the Minister of State, Department for Transport, John Hayes. The UK Chamber, in conjunction with Nautilus International, has submitted a proposal for the Government's existing Support for Maritime Training (SMarT) scheme to be extended.
Construction Begins on Fourth Tanker in Philly
Dock. series, also currently under construction. As part of the ceremony, coins were placed under the keel block recreating a long-standing tradition whereby shipbuilders hide special coins in the keel section of a ship as a permanent symbol of good fortune and safe travels. Anton Roaldset, Vice President of Procurement, represented Aker American Shipping in the ceremony, with Andrew Hake and Greg Marchese of Overseas Shipholding Group's (OSG) site office at the yard participating on OSG's behalf. of liquid product. Company. to OSG. agreements in place between OSG and Shell, BP and Tesoro.
Wärtsilä, Shell Sign Deal to Promote LNG as a Marine Fuel
Wärtsilä and Shell Oil Company have signed a Joint Co-operation Agreement aimed at promoting and accelerating the use of liquefied natural gas (LNG) as a marine fuel. The agreement was signed in August 2011 and will run for several years. Supplies of low cost, low emissions LNG fuel will be made available to Wärtsilä natural gas powered vessel operators, and other customers by Shell. The Joint Cooperation Agreement will focus first on supplies from the US Gulf Coast, and then later expand their efforts to cover a broader geographical range. Gas fuelled marine engines are seen as being a logical means for ship owners and operators to comply with increasingly stringent environmental legislation.
Oil Majors to Invest $1B in GOM Oil Containment System
Today four oil majors – Chevron, ConocoPhillips, ExxonMobil and Shell – announced a plan to build and deploy a rapid response system that will be available to capture and contain oil in the event of a potential future underwater well blowout in the deepwater Gulf of Mexico. Significantly, the companies have already committed $1 billion to fund the initial costs of the system, and the four will form a non-profit organization, the Marine Well Containment Company, to operate and maintain this system. Other companies will be invited and encouraged to participate in this organization.
Fire Shuts Shell Platform in GOM
Royal Dutch Shell Plc's Enchilada oil platform in the Gulf of Mexico has been shut and all associated production has been stopped after a fire on Wednesday, the U.S. Coast Guard (USCG) said. The Coast Guard said the fire has been reduced to a small flame from a pipe on the platform, located about 112 nautical miles south of Vermilion Bay, Louisiana. Two people were injured and the crew of 46 were evacuated to a nearby platform, the Coast Guard said, adding that there was a report of a light sheen north of the Shell platform. (Reporting by Swati Verma and Nithin Prasad in Bengaluru Editing by Marguerita Choy)
US Senator Introduces Bill to Stop Arctic Drilling
A piece of legislation aiming to stop offshore Arctic drilling was introduced last week by Oregon Senator Jeff Merkley. The legislation, entitled Stop Arctic Ocean Drilling Act of 2015, would prevent new or renewed leases for the exploration, development or production of oil, natural gas or any other mineral in the Arctic planning area. "A spill in the Arctic would be an environmental catastrophe of extraordinary proportions – and such a spill is inevitable if drilling proceeds," Merkley said.
Shell Trading, Harvey Gulf ink LNG Transport Contract
Harvey Gulf International Marine’s CEO Shane Guidry announced today the formation of new marine transportation company, Quality Liquefied Natural Gas Transport, LLC (“Q-LNG”), owned 70% by Shane Guidry and 30% by Harvey Gulf. Q-LNG will own and operate assets providing marine transportation of liquefied natural gas (“LNG”), a critical component of U.S. LNG infrastructure, commencing with a long-term contract with Shell Trading (U.S.) Company (“Shell”) to deliver LNG as a fuel source to various ports in Florida and the Caribbean. Mr.
Carnival, Shell Strike Deal to Fuel LNG Cruise Ships
The move toward LNG as fuel in the maritime sector received another boost when Carnival Cruise Line announced this morning the signing of an agreement with Shell NA LNG, LLC (Shell) for it to supply marine LNG to power North America’s first fully LNG-powered cruise ships. Shell will supply Carnival Cruise Line with fuel for its two new LNG-powered ships expected to launch in 2020 and 2022 and to be homeported in North America. The two ships will be fueled through Shell’s LNG Bunker Barge (LBB).
Shell & Hyundai Open S. Korea Base Oil Plant
A joint venture company formed by Shell and Hyundai Oilbank, has inaugurated a new base oil manufacturing plant in Daesan, South Korea. The plant has the capacity to produce approximately 13,000 barrels per day or 650 kilotonnes of API Group II base oils per year. (Base oils are the key component of finished lubricants, making up on average of 60-80% of the end product). Mark Gainsborough, Executive Vice President for Shell Lubricants, said: “As the demand for higher quality lubricants is on the rise in Asia…
Shell Approves New Gulf of Mexico Project
Royal Dutch Shell has given the go-ahead to develop its Kaikias deepwater field in the Gulf of Mexico, the first such project the oil and gas company has approved in 18 months. Oil companies around the world are emerging from one of the longest downturns in recent decades amid warnings that the drop in investment in recent years may lead to a supply deficit by the end of the decade. Shell said the Kaikias oil and gas project, located some 210 kilometres (130 miles) from the Louisiana coast, will start production in 2019 and generate profits with oil prices lower than $40 a barrel after the company slashed its costs by around 50 percent due to simplified design plans. Oil prices were around $56 a barrel on Tuesday.
Shell's Arctic Return Faces Hurdle at Seattle Port
Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs. Seattle Mayor Ed Murray, a Democrat who has fought against new projects by coal and oil companies, applauded the requirement by the city's planning department. "This is an opportunity for the port and all of us to make a bold statement about how oil companies contribute to climate change, oil spills and other environmental disasters - and reject this short-term lease," Seattle's Mayor Ed Murray said on his website. The Puget Sound region has a decades-long history as a hub for equipment used in energy drilling in Alaska.
Seattle Fears Arctic drilling, Shell Moves Rigs
Shell Oil Co is poised to restart oil drilling in the Arctic in the near future once it receives the go-ahead from the U.S. government, which could happen soon. The decision to allow the oil company access has been controversial among environmentalists groups as well as local communities that could be affected by the drilling. Seattle city leaders are fighting to keep Arctic oil drilling equipment out of the Puget Sound as the Shell works on a deal to store the equipment with the Port of Seattle near the mouth of the Duwamish River.
Shell Green Lights GoM Field After Cost Cuts
Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep water project economical despite low oil prices. The decision to pour billions of dollars into the Appomattox project comes as companies have scrapped around $200 billion of mega-projects in the wake of the sharp decline in oil prices over the past year. Shell has operated in the Gulf of Mexico for over 60 years. The region contributes about 17 percent of total U.S. crude oil production according to the Energy Information Administration and was the location in 2010 of the worst offshore oil spill in U.S. history, involving BP's Deepwater Horizon well.
Talos, Stone Energy Plan $2.5 Bln Merger
Talos Energy LLC and Stone Energy Corp, two U.S. exploration and production companies focused on the Gulf of Mexico, announced on Tuesday plans to merge and create a new company valued around $2.5 billion including debt, sending Stone's shares down nearly 13 percent. "The idea of a reverse merger works very well for us, as we get a lot of talented people into the company and also use a structure which gets us to the public equity markets", said Timothy Duncan, chief executive of Talos, who will retain the title under the combined company, to be named Talos Energy Inc. Stone shares will be exchanged for Talos stock on a one-for-one basis, while Talos' existing stockholders will be issued 34.2 million shares to give them 63 percent of the combined company, according to a statement.