Australia Strengthens Maritime Security
Australia’s offshore maritime security is to be further strengthened through a series of linked initiatives that will be implemented progressively through 2005. These measures, recommended by the Government’s Taskforce on Offshore Maritime Security, build on previously announced border protection and maritime security initiatives. They focus, in particular, on the protection of Australia’s offshore oil and gas facilities, and on ensuring that any terrorist threat to Australia’s maritime assets and our coastline can be quickly detected and defeated. In implementing these initiatives the government is committing a further $10.6 million to the more than $187 million we have committed to upgrading off-shore maritime security since July 2004.
Fugro Bags Australian Subsea Contract
Fugro has been awarded a contract from INPEX Operations Australia Pty Ltd (INPEX) for subsea services to be executed across the Ichthys facilities in the Timor Sea, located approximately 220 kilometres from the coast of Western Australia. INPEX is Japan’s largest oil and gas exploration and production company. The five year contract encompasses field operations support, inspection, repair and maintenance (IRM) services and will run for five years, with options to extend. Fugro will provide all services through its office in Perth. The work will be performed under Fugro's QHSE system, which is in accordance with industry leading QHSE and operational standards.
ABB Main Electrical Contractor for Ichthys Offshore Project
ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering, procurement and construction (EPC) contractor for the central processing facility, Samsung Heavy Industries. When completed in 2016 the CPF will be the largest offshore production facility in the world. The Ichthys oil and gas field is estimated to contain 12.8 trillion cubic feet of gas and 527 million barrels of condensate…
ABB Wins Third Ichthys FPSO Major Contract
ABB appointed main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil & gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded by the engineering, procurement and construction (EPC) contractor for the FPSO, Daewoo Shipbuilding & Marine Engineering. This is the third major contract that ABB has been awarded for the Ichthys oil and gas project. Recently ABB was awarded a $15 million order by Samsung Heavy Industries to be the MEC for the Ichthys central processing facility, which, when completed will be the largest offshore production facility in the world.
Chiles Offshore Reports 1Q Results
Chiles Offshore Inc. income of $4.1 million or $0.20 per diluted share after an extraordinary loss of $0.02 per diluted share, compared to net income of $5.3 million or $0.30 per diluted share reported for the corresponding quarter ended March 31, 2001. revenue of $19.2 million for the corresponding quarter ended March 31, 2001. The extraordinary loss incurred in the quarter ended March 31, 2002, resulted from the Company's decision to cancel an $82 million credit facility established to partially finance the construction of the Chiles Discovery. The Company never drew on the facility. For the quarter ended March 31, 2002, the rig fleet operated at 100% utilization and generated an average dayrate of $69…
Positive Outlook for Global Subsea Development, Deepwater Strengthening
There are 2,511 identified pending, probable and possible subsea production wells forecast (base case) worldwide over the next six years. Some 18 percent of these subsea completions will be installed in North America, 30 percent in Africa/Mediterranean, eight percent in Asia-Pacific, 26 percent in the North Sea and 18 percent in Brazil. These subsea projects are in various development stages, including: 23 percent at the pending/construction stage, 11 percent bidding, 9 percent in detailed engineering, 16 percent at the front-end engineering design (FEED) stage, 16 percent of the wells probable and 26 percent possible indicating possible development in the future.
Keppel FELS Delivers Rig
Keppel FELS Limited, the world leader in the construction of jackup rigs, has successfully designed and built its first KFELS MOD V “B” class ultra premium jackup drilling unit. Built for Chiles Offshore Inc. (AMEX: "COD") (CHILES), Chiles Discovery is the benchmark for a new generation of ultra premium deep-well drilling rigs. Keppel FELS received an early delivery bonus for Chiles Discovery, a testament of its excellent project management and executing capabilities. The company was also awarded bonuses for good safety performance, as well as delivering a rig that exceeds its original design parameters. The Chiles Discovery showcases…
Keppel, Smedvig Cooperate on New Drilling Tender
Keppel FELS Limited has entered into a cooperation agreement with Smedvig Asia Limited (Smedvig Asia) to build a Semisubmersible Drilling Tender (SSDT) with Keppel Offshore & Marine’s proprietary design. Developed by the Deepwater Technology Group (DTG), the KFELS SSDT3600-GOM-C42 will be the fourth vessel in the series of successful SSDTs that have been gainfully deployed in this region. Valued at $94 million, Keppel FELS and Smedvig Asia will own and operate the ultra deepwater semi tender on a 72/28 basis respectively. The newbuild is due for completion in the third quarter of 2005.
Offshore Oil Spills & A Culture of Complacency
The dictionary defines “complacency” as tranquil pleasure or self-satisfaction, especially when uncritical or unwarranted. Groups are prone to complacency when events occur as expected over an extended period of time. They let their guard down, assuming that events will continue to turn out as they have in the recent past. It is one of the most important jobs of leaders and managers to prevent their groups from falling into a culture of complacency. Otherwise, the group will be set up for failure, perhaps catastrophic.
Eni Drills Evans Shoal Appraisal Well in Offshore Australia
Eni announced the completion of the Evans Shoal North-1 appraisal well in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, some 300 km northwest of Darwin. The Evans Shoal North 1 well, drilled in 111 meters water depth and to a target depth of 3,955 meters, is 12 km away from the Evans Shoal-2. Results indicate that these wells share common reservoir characteristics and are in hydraulic communication. During the well production test the gas flow reached the facility constraint of 30 MMscf/day. Eni estimates that the Evans Shoal gas field contains at least 8Tcf of raw gas in place. Eni remains committed to fast track development of the significant and known resources in this exploration area.
Keppel to Build Semisubmersible for Floatel for $315 Million
Keppel FELS Limited (Keppel FELS) has entered into a Letter of Intent (LOI) with returning customer Floatel International Ltd (Floatel), to build a new generation harsh environment semisubmersible (semi) worth $315 million for delivery in July, 2014. This will be Floatel's fourth accommodation semi with Keppel FELS after the delivery of Floatel Superior and Floatel Reliance in 2010 and the order of Floatel Victory in 2011. The new semi will be based on the Floatel Superior design, a DSSTM 20NS design developed by GustoMSC and Keppel FELS' Deepwater Technology Group. Equipped with Dynamic Positioning (DP) 3 capability, it will meet the most stringent rules and regulations for worldwide operations including the Norwegian Sector.
Harkand Ramps up Activity in Asia Pacific
Harkand has increased its presence in the burgeoning Asia Pacific region by securing a clutch of multimillion dollar contracts for execution in 2013/14. Under a deal with PTSC Offshore Services, the ROV support vessel Harkand Harmony has been deployed on its first charter since joining the fleet in August and is carrying out flexible lay operations in the Ruby Field, offshore Vietnam, with the charter expected complete in late November. The contract commenced in October with the work scope including a heavy duty Work ROV and provision of personnel.
Petronas to Explore for Hydrocarbon in Timor Sea
Petroliam Nasional Bhd (Petronas) said it will be exploring for hydrocarbon with three partners in the joint petroleum development area between Timor Leste and Australia. Petronas holds half of the production sharing contract while the remaining is shared between Korea Gas (30 per cent), Samsung (10 per cent) and LG International (10 per cent), it said in a statement yesterday. The minimum investment for the exploration activities is $40.5m. The deal marks Petronas' entry into the Timor Leste/Australia's upstream sector. In another development, China's carmaker Nanjing Automobile Corp (NAC) and Brilliant Culture Group Ltd (BCG) will jointly manufacture Petronas' E01 engine for NAC's new cars while Petronas will provide the technology and support to the former. BCG is NAC's consulting firm.
UK's SRO Software Helps in Timely Delivery of Australia FPSO
Working on a project to develop oilfields in the southern Timor Sea PTTEP built a new floating production, storage and offloading (FPSO) vessel. The FPSO is a sophisticated vessel with hundreds of pieces of equipment that need to kept in good working order 24/7. To achieve this SRO's IBM Maximo asset management software was used. SRO managing director, Steve Driver, explained: “[The project] requires robust preventive and corrective maintenance processes that needed Maximo to work effectively. The most important challenge was to keep the maintenance and procurement processes in sync between Perth, Darwin and the offshore FPSO. Fortunately, the SRO Data Replicator (SDR) was designed to solve such a problem. “SDR is designed to solve the exact problem we were facing.
Eni Buys out Shell's Stake in Evans Shoal Gas Field
Italy's Eni announces the purchase of a 32.5% stake in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, around 300km northwest of Darwin, where there is an existing LNG plant precinct. The undeveloped Evans Shoal field, discovered in 1998, holds expected gas in place of up to 7 trillion cubic feet. In late October 2011, Eni reached an agreement with Australian based company Santos Ltd to purchase its 40% equity share.
New Tug Named for KT-Maritime Services
A naming ceremony was held for RT Raven in Sharjah, UAE, where the new tug was built at the Albwardy Damen yard. RT Raven is managed by KT-Maritime Services Australia, owned by the KOTUG group, and will be deployed by ConocoPhillips in the Bayu Undan field, north of Australia. The ART 100-46 class Rotor tug is designed by Robert Allan Ltd and DAMEN Hardinxveld. The RT Raven will provide offshore services, towage assistance, personnel transfer and standby duties at ConocoPhillips’ Bayu Undan field in the Timor Sea.
DNV GL Wins Ichthys LNG Mega Project Contract
DNV GL has secured a contract to provide in-service verification and classification services to a range of facilities at the Ichthys LNG project in Australia. The contract marks INPEX’s commitment to continue working with DNV GL as it prepares to transition from the project execution phase to the operational phase of the mega project. DNV GL has provided vendor inspection, verification and offshore classification support to the USD 34 billion venture since 2012. This latest contract will see DNV GL continue its expert support to the project as it transitions into operation in 2017.
Montara Well Head Platform Leak Update
The Australian Maritime Safety Authority (AMSA) is continuing its staged approach to the management of the clean-up of oil leaking from the Montara well head platform in the Timor Sea. The main area of containment/recovery and dispersant spraying operations is approximately 25 nautical miles by 70 nautical miles and heads north east from the platform. Dispersant spraying is being performed in a targeted manner due to a reduction in oil as a result of warmer weather conditions enhancing the natural weathering process. Containment and recovery operations using boom and skimming equipment are proving worthwhile and a quantity of oil has been removed from the surface of the water. AMSA is monitoring weather in the area and has contingencies in place to deal with any change in conditions.
Oil Slick in the Timor Sea
This image from the Moderate Resolution Imaging Spectroradiometer (MODIS) on NASA’s Aqua satellite on August 30, 2009, shows the Timor Sea and what are probably oil slicks about 250 kilometers northwest of Western Australia, from a leaking oil well in the Timor Sea. (Photo courtesy NASA Earth Observatory)
MEO Readies Rig
MEO'S long-standing plans to commercialize stranded gas in the Timor Sea are about to move forward with the arrival off Darwin of the West Atlas jack-up drilling rig. The newly constructed rig, owned by Seadrill, has been shipped from Singapore on the semi-submersible open-deck heavy-lift transport carrier Blue Marlin. The transporter is able to sink its load deck below sea-level to allow equipment to be floated off without using cranes. MEO, which used to be Methanol Australia, is planning a gas-to-liquids project in the Bonaparte Gulf using its 100 per cent-owned Tassie Shoal LNG project and the 50 per cent-owned Tassie Shoal ethanol project about 275km northwest of Darwin. The West Atlas rig will be towed to the Heron-2 well location in permit NT/P68 in the next week.
Keppel Delivers Floatel Superior Early
Keppel FELS Limited (Keppel FELS) has delivered the semisubmersible accommodation rig, Floatel Superior, 43 days early, safely and within budget to Floatel International (Floatel). The vessel is now ready to commence operations. Floatel Superior will depart Singapore shortly for Bayu Undan in the Timor Sea where she will commence her maiden charter contract for ConocoPhillips Australia following 14 days of transit on her own propulsion. This new generation floatel is built to the DSS 20NS design…
Shell Floating LNG Technology, Greater Sunrise Project
Shell’s Floating Liquefied Natural Gas (FLNG) technology has been selected as the Sunrise Joint Venture’s preferred option for developing the Greater Sunrise gas fields in the Timor Sea. Subject to final detailed agreements, government approvals and a final investment decision Shell will operate the FLNG facility and manage the design and build phases of the FLNG project for the Sunrise Joint Venture participants. The Sunrise project would be the second deployment of Shell’s proprietary FLNG design, following Shell’s Prelude FLNG development in the Browse basin, offshore Western Australia.
Australia, Indonesia join forces on maritime security
A coordinated patrol between the Australian Defense Force (ADF) and Indonesian Armed Forces (TNI) to improve security along the shared maritime border has concluded this week in Bali, Indonesia. Coordinated maritime patrol AUSINDO CORPAT 2018, the eighth iteration of the exercise, began in Darwin on 16 April following seven days of joint exercises between the two nations’ defence forces. The ADF’s HMAS Broome and TNI’s naval vessels KRI Layang and Kakap covered waters between Australia and Indonesia over nine days…