Offshore News

 

AMEC Wins FPSO Contract Offshore Brazil

Feb 07, 2010

AMEC announced that it has been selected by Brazilian company QUIP to perform basic engineering services for the topsides of the P-63 floating production, storage and offloading (FPSO) vessel, to be operated on behalf of Petrobras, Brazil’s national oil company…

State Seeks Intervention in Drilling Case

Feb 03, 2010

Governor Sean Parnell has directed the Department of Law to ask the Ninth Circuit Court of Appeals for permission to intervene in the lawsuit by environmental groups challenging the U.S. Interior Department’s decision to approve an oil exploration plan for the Chukchi Sea…

Statoil Honored in Houston

Feb 03, 2010

The Tyrihans field was one of five offshore developments to be presented with a Five Star Award at the Deep Offshore Technology (DOT) conference in Houston on Feb. 2. The Statoil-operated oil and gas project in the Norwegian Sea came on stream last July…

CNOOC Ltd 2010 Business Strategy

Feb 03, 2010

CNOOC Limited announced a summary of its business strategy and development plan for the year 2010. The total targeted net production of the company in 2010 is 275 million to 290 million barrels of oil equivalent (BOE) (assuming with WTI at $75/barrel)…

Saudi Aramco’s 1st Purpose-Built Jackup

Jan 27, 2010

Keppel FELS Limited (Keppel FELS) has secured a contract from Aramco Overseas Company B.V., a subsidiary of Saudi Aramco, to build a customized KFELS Super B Class jackup rig. The contract is subject to a notice from the owner to proceed with construction by May 2010…

Cape Wind Energy Project Open for Comment

Jan 26, 2010

As part of Secretary of the Interior Ken Salazar's commitment to issue a decision on the application for the Cape Wind Energy Project, the Minerals Management Service (MMS) is accepting public comments on the historic preservation aspects of the project…

New Research on Venezuela Oil Holds

Jan 26, 2010

An estimated 513 billion barrels of technically recoverable heavy oil are in Venezuela’s Orinoco Oil Belt.This area contains one of the world's largest recoverable oil accumulations, and this assessment is the first to identify how much is…

Keppel FELS Delivers First Rig of 2010

Jan 21, 2010

Keppel FELS Limited (Keppel FELS) has delivered Ensco 8502, the third of seven Ensco 8500 Series semisubmersible (semi) drilling rigs it has been contracted to build exclusively for Ensco International (NYSE:ESV). Delivered seven days ahead of schedule…

Statoil Gets Norwegian Continental Shelf Licenses

Jan 21, 2010

Statoil has been awarded shares in eight exploration licenses on the Norwegian continental shelf. The company is operator on six of them. The award, which comprises 38 production licenses, is split between 25 for the North Sea, ten for the Norwegian Sea and three for the Barents Sea…

Topaz Completes Fujairah Project

Jan 21, 2010

Topaz Energy and Marine, through its subsidiary Nico International Hydrospace, part of the newly established Topaz Engineering division, has completed the Vopak Horizon Fujairah Limited Phase 5 – Marine Extension Project. Topaz executed in subcontract…

Subsea 7 Completes Girassol Repair

Jan 19, 2010

Subsea 7 reports it has completed the Girassol Pipeline Repair Project for Total E&P Angola. The project was an entirely diverless pipeline repair in 1350m water depth and was based on a technical design competition issued by Total which resulted…

Otto Marine Charters PSV Otto Explorer

Jan 18, 2010

Otto Marine Limited announced that it has successfully found a charter for its MT6009 PSV, named Otto Explorer. The vessel will be chartered out to the Group’s subsidiary, Singapore-based Reflect Geophysical Pte Ltd, on a bare boat charter for a contract term of 7+1+1+1 years…

Apache Reports Fire on GOM Platform

Jan 13, 2010

Apache Corporation (NYSE:APA) reported a fire aboard its East Cameron (EC) 2 processing platform, in La. state waters of the Gulf of Mexico about two miles off the coast of Cameron Parish.The three personnel on the platform, all Island Operating employees…

CG Proposes Safety Zone Around Drillship

Jan 10, 2010

The U.S. Coast Guard proposes to establish a temporary safety zone around a drillship while it is anchored on location in order to drill exploratory wells at various locations over the US outer continental shelf in the Chukchi and Beaufort Seas between July 1 and October 31…

MMS $1.2M Grant for Marsh Repair

Jan 10, 2010

The Minerals Management Service (MMS) has approved a grant for $1,237,608 to the Plaquemines Parish Government in La. through the Coastal Impact Assistance Program (CIAP). The money will be used for the first phase of a planned wetland repair and restoration project along Fringe Marsh…

Logistics News

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

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

Russia Grain Exports Plummet 63%

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Singapore Ship Bunker Sales hit 16-month High

Unresolved Issues Plague Vietnam-US Trade Talks

Unresolved Issues Plague Vietnam-US Trade Talks

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