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Stena Icemax Drillship Gets Assistance from Fairmount (South Africa)

Fairmount Marine’s multipurpose support vessel Fairmount Fuji has assisted drill ship Stena Icemax while making a stop-over at Cape Town. On request of the owner of Stena Icemax the Fairmount Fuji carried out several cargo runs from the port of Cape Town to the anchorage.

Stena Icemax was under way from the Far East to French Guiana and required to make a stop-over at Cape Town for crew change and replenishment. Stena Icemax is a 228 meters long new build drill ship designed for deep water operations in harsh environments.

Fairmount Fuji is a multipurpose support vessel with a spacious aft deck of 280 square meters and with towing capabilities. Directly after assisting Stena Icemax the Fairmount Fuji was prepared for her next assignment in West Africa region, where she will act as a accommodation and general support vessel for an offshore operator.

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Canada: ExxonMobil Gets Approval for Hebron Field Development

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has approved ExxonMobil’s Hebron Development Application.

The approval of the Development Plan now enables ExxonMobil Canada Properties Limited to proceed with development of the Hebron Field, which is estimated to contain 707 million barrels of of recoverable resources..

Hebron is a heavy oil field estimated to have 400 – 700 million barrels  The field was first discovered in 1981, and is located offshore Newfoundland and Labrador in the Jeanne d’Arc Basin 350 kilometres southeast of St. John’s, the capital of Newfoundland and Labrador. It is approximately 9 kilometres north of the Terra Nova project, 32 kilometres southeast of the Hibernia project, and 46 kilometres from the White Rose project. The water depth at Hebron is approximately 92 metres.

The Hebron field will be developed using a stand-alone concrete gravity based structure (GBS). The GBS will consist of a reinforced concrete structure designed to withstand sea ice, icebergs, and meteorological and oceanographic conditions at the offshore Hebron Project Area. The preliminary GBS concept has a single main shaft supporting the topsides, encompassing all wells.

The Hebron co-venturers are: ExxonMobil Canada Properties (36%), Chevron Canada Resources (26.7%), Suncor Energy Inc. (22.7%), Statoil Canada (9.7%) and Nalcor Energy (4.9%).

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Port Corpus Christi Gets New Director of Engineering Services (USA)

Port Corpus Christi Gets New Director of Engineering Services

Port Corpus Christi announced yesterday the promotion of David Krams to Director of Engineering Services under the supervision of the Deputy Port Director of Engineering, Finance and Administration.

Krams’ experience at the Port and in private practice made him well qualified for the responsibilities as the new head of the Port’s Engineering Department. Krams will replace Greg W. Brubeck, who officially retires July 31, 2012 after 23 years of service to the Port. “I am looking forward to working with David during this two month transition period. David is most qualified to become the next Director of Engineering Services.” said Brubeck.

David Krams joined the port in 1994, after first working as a consulting engineer in the Corpus Christi area for ten years, specializing in underwater engineering related to marine and waterfront facilities. Prior to his promotion as Director of Engineering Services, Krams was the port’s Senior Project Engineer, who in 2009, was promoted to Manager of Channel Development responsible for the Corpus Christi Ship Channel – Channel Improvement Project, a Federal navigation planning project to widen and deepen the Corpus Christi Ship Channel from -45 feet to -52 feet and to extend the La Quinta Ship Channel. Krams also serves as the project manager for the La Quinta Multi-purpose/Container Project to be served by the La Quinta Ship Channel Improvements.

David Krams is a Registered Professional Engineer in the State of Texas. He received his Bachelor of Science in Ocean Engineering from Texas A&M University – College Station. Krams is a resident of Corpus Christi since 1972, active in the local community, serving on various local executive and regular boards and committees.

Greg W. Brubeck joined the staff of the Port in 1989 as an Engineer Planner and was subsequently promoted to Deputy Director of Engineering and later to Director of Engineering Services. A Registered Professional Engineer in the State of Texas, Brubeck received his BSME from the United States Naval academy in 1969 and MSCE from Texas A&M University in 1980. A retired Commander, Mr. Brubeck proudly served twenty years in the United States Navy as both a Naval Aviator and Civil Engineer Corps Officer.

Mr. Brubeck has been a resident of Corpus Christi since 1986. In addition to several work related professional organizations, Mr. Brubeck is active in the local community and is a graduate of Leadership Corpus Christi Class XX, a Past President of the Kiwanis Club of Corpus Christi, a Past President of the Coastal Bend Post of the Society of American Military Engineers, and Past Board Member of the Navy–Army Federal Credit Union. Mr. Brubeck was born in Indiana and was raised in several States and in the Far East and Europe in the family of a career United States Army Corps of Engineers officer prior to becoming a Texan.

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USA: Sabine Pass LNG Gets Cargo

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The U.S. Sabine Pass liquefied natural gas terminal received an LNG cargo yesterday, according to shipping data.

The Arctic Spirit, owned by Teekay LNG, has a capacity of 87.305 cbm.

Cheniere’s Sabine Pass LNG terminal  is located on 853 acres of land along the Sabine Pass River on the border between Texas and Louisiana, in Cameron Parish.

It  has regasification and send-out capacity of 4.0 billion cubic feet per day (Bcf/d) and storage capacity of 16.9 billion cubic feet equivalent (Bcfe).

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Australia: Tap Oil Gets Several Enquiries for Zola Stake

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Tap Oil Ltd. said Monday it will consider selling its 10% stake in the Zola gas discovery offshore Western Australia before any liquefied natural gas development occurs, and has already received several enquiries about its plans.

Tap has recently received several enquiries from large overseas industry players about Tap’s plans for Zola,” the company said in a statement to the Australian Securities Exchange.

The Zola-1 exploration well in the WA-290-P permit area in the Carnavon Basin discovered a mean contingent resource of 378 billion cubic feet of natural gas. The block is operated by U.S. producer Apache Corp. .

The entire Zola structure–located south of the giant Gorgon gas field being developed by a Chevron Corp.-led consortium–contains a mean 2.33 trillion cubic feet of gas, according to a report by independent experts RPS Energy Services Pty Ltd.

It is appropriate for a company of Tap’s size and funding capabilities to consider monetizing an asset like Zola prior to the incurrence of the large scale LNG development costs which are likely required to bring the asset into production in a timeframe of at least five years,” Tap said.

Tap, which has a market value of A$170 million, said it is “confident that it can maximize the value of Zola by monetizing the asset on attractive terms at the right time.”

(businessweek)

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Russia: Rosneft Gets Clearance to Buy More Offshore Assets in the Arctic

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Russia’s competition body has approved a request from the country’s top crude producer Rosneft to acquire more offshore assets, following the company’s deal last week with Exxon Mobil to extract oil and gas from the Russian Arctic.

The watchdog, the Federal Antimonopoly Service, or FAS, approved a petition from a Rosneft subsidiary, Zapad-Shmidt-Invest LLC, to acquire Chernomorneftegaz, Sintezneftegaz and Artikprominvest, with assets located mostly in the Arctic, it said on Wednesday.

Details of the investments were not disclosed. However, Uralsib analysts said on Thursday that “Rosneft should be able to acquire the assets for a total of $300-$400 million”.

A Rosneft spokesman said the talks on the purchase of the assets are not yet complete.

Rosneft and the world’s top natural gas producer Gazprom have exclusive rights to develop offshore hydrocarbon reserves, according to Russian law.

Uralsib said Chernomorneftegaz, controlled by Novolipetsk Steel owner Vladimir Lisin, holds licenses for four blocks in the Black and Azov Sea, with prospective oil and gas resources of between 1.4 billion and 2.8 billion barrels of oil equivalent (boe).

Sintezneftegaz, controlled by senator Leonid Lebedev, has licenses for two blocks in the Barents Sea, with estimated resources of up to 7 billion boe.

Last week, Rosneft signed an agreement with Exxon Mobil to jointly develop oil and gas deposits in the Russian Arctic.

The Arctic assets may complement the three blocks in the Kara Sea to be included in the ExxonMobil JV,” Uralsib analysts said in a note.

By Vladimir Soldatkin (Reuters)

Original Article

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