Offshore News

 

Update on Deepwater Horizon Catastrophe

Apr 22, 2010

At a press conference on the afternoon of April 22, the Deepwater Horizon was confirmed sunk following an explosion on the MODU at approximately 10:00 p.m. April 20. RADM Landry, Commander of the 8th Coast Guard District said the 11 missing…

Jumbo Offshore Installs Offshore Wind Equipment

Apr 22, 2010

Jumbo Offshore’s crew, engineers and subcontractors have successfully completed the first leg of their current Transition Piece (TP) installation project. Jumbo’s DP2-vessel Jumbo Javelin installed the TP’s, the first 18 of a series of approx…

Fire on Deepwater Horizon in GOM

Apr 21, 2010

In the photo, a Coast Guard MH-65C dolphin rescue helicopter and crew document the fire aboard the mobile offshore drilling unit Deepwater Horizon, while searching for survivors April 21, 2010. Multiple Coast Guard helicopters, planes and cutters…

Yangzijiang to Buy Stake in Singapore Rig-Maker

Apr 19, 2010

According to an April 17 report from Reuters, China's Yangzijiang Shipbuilding (YAZG.SI) and a Middle Eastern investor will buy an indirect stake in Singapore-based oil-rig maker PPL Shipyard in a $113m deal.(Source: Reuters)

Developing Njord’s Northwest Flank

Apr 19, 2010

Statoil is developing Njord’s northwest flank. This development will increase the total recoverable reserves in the Njord field, secure continued gas exports and extend Njord’s lifetime by up to two years. The flank lies about six kilometers north-west of the Njord platform…

Keppel Delivers Third Maersk DSS 21 Semisub

Apr 16, 2010

Keppel FELS Ltd (Keppel FELS) delivered the third DSS 21 deepwater semisubmersible (semi) drilling rig to Maersk Drilling (Maersk) 43 days ahead of schedule and with a perfect safety record, garnering a bonus of $400,000. Mr Claus V. Hemmingsen…

MMS Funds Research for Offshore Renewables

Apr 15, 2010

The Department of the Interior’s Minerals Management Service (MMS) recently funded four research studies to identify technological and operational safety issues related to the future development of offshore renewable energy on the Outer Continental Shelf (OCS)…

ABB Wins $110M Order, Platform Power Link

Apr 15, 2010

ABB, the leading power and automation technology group, has won an order worth $110m from Eni Norway AS, to build a power link between a new oil and gas platform in the Barents Sea and the Norwegian power grid. The order was booked in the first quarter…

Revised OCS Oil & Gas Leasing Program

Apr 08, 2010

The Department of the Interior’s Minerals Management Service (MMS) published a Federal Register notice requesting comments on the Preliminary Revised 2007-2012 Five-Year Outer Continental Shelf (OCS) Oil and Gas Leasing Program for lease sales covering the 2007-2012 timeframe…

Saipem America BP E&P Contracts

Apr 07, 2010

Saipem America has been awarded two contracts from BP Exploration & Production. BP Mad Dog Drill Rig Replacement ProjectSaipem America has been awarded a contract for the BP-operated Mad Dog drilling rig replacement project in the U.S…

Salazar Announces Western Gulf Lease Sale

Apr 06, 2010

Secretary of the Interior Ken Salazar announced that the next federal oil and gas lease sale in the Gulf of Mexico will occur in New Orleans on August 18, 2010.  The Secretary made the Western Gulf of Mexico Lease Sale 215 announcement during a tour of Superior Energy Services…

MMS Public Meetings on Atlantic Exploration

Apr 06, 2010

The Department of the Interior’s Minerals Management Service (MMS) has scheduled 13 public scoping meetings in seven locations to solicit comments for the development of a programmatic environmental impact statement (PEIS) for future geological…

FMC Technologies Perdido Stage II Contract

Apr 06, 2010

FMC Technologies, Inc. (NYSE: FTI) has signed an agreement with Shell to supply subsea and topside systems for the Perdido Stage II Regional Development Project in the Gulf of Mexico. Terms of the transaction were not disclosed.FMC's scope…

Boston Safety Zones Proposed for LNG DWPs

Apr 05, 2010

The U.S. Coast Guard proposed to establish new and modify existing regulated navigation areas (RNAs) and safety/security zones off the coast of Massachusetts in the vicinity of the liquefied natural gas (LNG) deepwater ports (DWPs) in the Boston Captain of the Port (COTP) Zone…

Secretary Salazar Offshore Strategy

Mar 31, 2010

Secretary of the Interior Ken Salazar announced that, as part of a comprehensive strategy for strengthening the nation’s energy security and reducing America’s dependence on foreign oil, the Obama Administration will expand oil and gas development and exploration on the U…

Logistics News

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Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

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Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Singapore Ship Bunker Sales hit 16-month High

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