Daily Archives: May 23, 2012

Statoil Charters Light Well Intervention Vessels to Increase Recovery

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Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS).

Statoil has on behalf of relevant licensees awarded a contract to Island Offshore Management and Eide Marine Services for the charter of a total of three LWI vessels.

These purpose-built vessels are used for performing light well interventions, well operations and well maintenance without a riser-based system. Statoil can reduce well intervention costs by about 60% by utilizing a LWI vessel instead of a conventional rig.

“Performing these types of conventional jobs on subsea wells with low volumes of oil in place is expensive. The LWI vessels ensure both cost-efficient and safe operations,” says Statoil’s head of drilling and well Øystein Arvid Håland.

“Having more and new vessels of this category also helps increase recovery from fields on stream by opening new zones in the well, and stopping water production downhole.”

The contracts are worth a total of NOK 9.4 billion (USD 1.57 billion).

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Island Offshore vessels Island Frontier and Island Wellserver, which already have contracts with Statoil, have been awarded new five-year contracts. Eide Well Intervention, a new supplier in this segment for Statoil, has been awarded an eight-year contract for their new build, which employs a completely new technology.

The contracts with both companies come into effect in the spring of 2015, and include two options to extend for another two years.

A growing number of discoveries are developed via subsea wells, and it is important both to have equipment capable of maintaining these and to avoid using conventional drilling rigs for this type of work.

The rig market on the NCS is characterized by an aging rig fleet, and it is necessary to ensure sufficient and adequate rig capacity at sustainable rates. To address this, Statoil has put light LWI vessels – category A units – into service on a large scale.

“We have great ambitions and a long-term perspective on the NCS. Using purpose-built rigs and vessels in our operations is an important part of Statoil’s rig strategy. The high number of subsea wells in the future will require maintenance, and we are securing capacity in order to meet this need,” says Statoil’s chief procurement officer Jon Arnt Jacobsen.

“Island Offshore has delivered solid services and we expect the same going forward. At the same time we are pleased to have increased the number of suppliers in this market, and through the Eide Well Intervention newbuild we are also employing the latest available technology. Together these three vessels will provide us with an efficient service fleet for light well intervention services.”

Statoil has been pursuing riserless well intervention in subsea wells since 2000, and the technology has steadily improved.

The category A units will perform services for Statoil and the partners on the Åsgard, Norne, Gullfaks, Oseberg, Heidrun, Snøhvit, Tyrihans, Tordis/Vigdis, Snorre, Statfjord and Sleipner fields.

Source

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Obama Seeks Ratification Of Power-Grabbing Law Of The Sea Treaty

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Posted 05/08/2012 06:49 PM ET

Sovereignty: Even if he’s not re-elected, the president hopes to leave behind a treaty giving a U.N. body veto power over the use of our territorial waters and to which we’d be required to give half of our offshore oil revenue.

The Law Of The Sea Treaty (LOST) has been lurking in the shadows for decades. Like the Kyoto Protocol that pretended to be an effort to save the earth from the poisoned fruit of the Industrial Revolution, LOST pretends to be an effort to protect the world’s oceans from environmental damage and remove it as a cause of potential conflicts between nations.

Like its Kyoto cousin, LOST is an attempt at the global redistribution of power and wealth, the embodiment of the progressive dream of the end of the nation state as we know it and the end of political freedom by giving veto over all of mankind’s activities to a global body — in this case something called the International Seabed Authority, located in Kingston, Jamaica.

The ISA would have the power to regulate 70% of the earth’s surface, placing seabed mining, fishing rights, deep-sea oil exploration and even the activities of the U.S. Navy under control of a global bureaucracy. It even provides for a global tax that would be paid directly to the ISA by companies seeking to develop the resources in and under the world’s oceans.

As Heritage Foundation senior fellow Peter Brookes notes, the U.S. government now can collect royalty revenues from oil and gas companies that wish to drill on our extended continental shelf — the undersea areas beyond 200 miles of our coast. But if we ratify LOST, we’d have to fork over as much as 7% of that revenue to the ISA for redistribution to poorer, landlocked countries.

Maritime and jurisdictional disputes would be settled by the ISA, which presumably would tell the U.S. Navy where it could and could not go. Freedom of navigation has been guaranteed by the U.S. Navy and, before it, the British Royal Navy. Now it would be the ISA. This meets perfectly the definition of the “global test” Sen. John Kerry, a backer of LOST, said in 2004 that our actions must meet.

With a possible new White House occupant and Republican majority returning to the Senate in 2013, LOST is back on the front burner. Kerry is quietly working to recruit Republican votes needed to ratify the treaty. LOST is also backed by Sen. Richard Lugar. It will be brought up soon for ratification, perhaps as early as next month, and was delayed — analysts believe — by Lugar’s belief it would hurt him in the Indiana primary.

LOST was a bad idea when President Reagan refused to sign it in 1982 and actually fired the State Department staff members who helped negotiate it. It was drafted at the behest of Soviet bloc and Third World dictators interested in a scheme to weaken U.S. power and sovereignty while transferring wealth from the industrialized to the developing world.

Reagan rightly decided the U.S. shouldn’t be a part of this global resource grab and redistribution of wealth. The treaty was co-authored by Elisabeth Mann Borgese, an admirer of Karl Marx and a socialist who ran the World Federation of Canada.

She views the oceans as the “common heritage of mankind” and in a 1999 speech declared, “The world ocean has been and is, so to speak, our great laboratory for the making of a new world order.” We prefer the world order under Reagan, where we called our own shots.

Source: Obama Seeks Ratification Of Power-Grabbing Law Of The Sea Treaty – Investors.com.

Law of the Sea Treaty = The Rape of America … J. D. Longstreet

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May 23rd, 2012
A Commentary by J. D. Longstreet

The Obama Administration has dragged the Law of the Sea Treaty back before the US Senate this week.

The treaty, if approved by the Senate will amount to the rape of America.

Here’s what the Center for Security Policy has to say about the Law Of The Sea Treaty: “If, on the other hand, the members of the U.S. Senate trouble themselves to study, or at least read, the text of the Law of the Sea Treaty, they would immediately see it for what it really is: a diplomatic dinosaur, a throwback to a bygone era when UN negotiations were dominated by communists of the Soviet Union and their fellow-travelers in the Third World.

These adversaries’ agenda was transparent and wholly inimical to American equities. They sought to: establish control over 70% of the world’s surface; create an international governing institution that would serve as a model for bringing nation states like ours to heel; and redistribute the planet’s wealth and technology from the developed world to themselves. LOST codifies such arrangements – and would subject us to mandatory dispute resolution to enforce them via stacked-deck adjudication panels.”
SOURCE:

Center for Security Policy

Still, many, if not MOST, Americans have never heard of it — the Law Of The Sea Treaty.

So why is it important?

OK, lets look at some reasons why the Law of the Sea Treaty (LOST) is important to you as an American and to all inhabitants of the earth:

Why We Lose if LOST Wins
By asserting UN authority over seven-tenths of the Earth’s surface, LOST would be the largest territorial conquest in history.

In principle, the treaty would assert UN jurisdiction over U.S. territorial waters, and eventually over waterways within our country.

It would create a huge bureaucratic entity called the “Enterprise” which would regulate and tax all commercial uses of the high seas.

By taxing all efforts to develop the wealth of the seabed, the UN would be given a huge revenue stream, independent of national governments, to push its agenda for international socialism.

The treaty would require the redistribution of cutting-edge technology from the U.S. to all governments in the “developing world,” including extremely repressive governments.

Get the picture??? It’s that cussed “One World Government thing again! (Otherwise known as “Global Governance) You know… the “GLOBALISTS” at work.

Apparatchiks from the Obama Administration will trudge over to the US Senate this week to sing the praises of LOST. They will applaud it and explain to the Senators that it is the best thing since the US Constitution for America, indeed, for the whole world.

It will be a pack of lies.

So, where do we stand today on LOST? Not good, I’m afraid.

The National Center for Public Policy Research has a website providing educational resources on the Law of the Sea Treaty (also known by the acronyms LOST and UNCLOS).

“The Law of the Sea Treaty is a terrible deal for the U.S. It would threaten our sovereignty, place a significant portion of the world’s resources under the control of a U.N.-style body, and complicate our efforts to apprehend terrorists on the high seas by subjecting our actions to review by an international court unlikely to render decisions favorable to the U.S.,” said National Center Vice President David Ridenour.

“The Law of the Sea Treaty would help radical environmentalists achieve what they haven’t been able to achieve through legislation,” Ridenour added. “Greenpeace has said ‘the benefits of the U.N. Convention on the Law of the Sea are substantial, including its basic duties for states to protect and preserve the marine environment and to conserve marine living species.’ The Natural Resources Defense Council challenged the Navy’s use of ‘intense active sonar,’ arguing that it violates the treaty by posing a danger to marine life. The Navy ultimately agreed to scale back use of this technology. The Law of the Sea Treaty has also been used by Australia and New Zealand in an attempt to shut down an experimental blue fin tuna fishing program and by Ireland in an attempt to shut down a plant on land in England”

The website, the United National Law of the Sea Treaty Information Center, contains a collection of research papers, commentaries and blog entries about LOST from a variety of think-tanks, scholars, opinion writers and bloggers. It can be accessed at: Law of the Sea Treaty (LOST or UNCLOS III).

“Although the Law of the Sea Treaty has been around for decades — the National Center for Public Policy Research first worked on it in 1982 — relatively few people know much about it,” said Amy Ridenour, president of the National Center for Public Policy Research. “The United Nations Law of the Sea Treaty Information Center website is designed to help correct this.”

The National Center for Public Policy Research is a non-partisan, non-profit educational foundation based in Washington, D.C.

It is more important now then ever before to contact your senators and urge them to oppose the Law of the Sea Treaty.

Look. This Law Of The Sea Treaty is serious socialist, global governance, trickery! And NOBODY IS Talking ABOUT IT! Of course, we cannot expect the so-called “Mainstream Media” in America to bring it up, being so deep in the bunker for Obama, that is. The near incestuous relationship between the MsM and Obama prevents them from actually informing their readers, listeners, and viewers, of important, pending, life-changing policy being considered in the nation’s legislature.

We urge you to educate yourself about the Law Of The Sea Treaty — and do so quickly.

In the meantime, however, we suggest that you get on the phone, or send an e-mail or fax to the offices of your US Senators and ask them to vote NO on the Law Of The Sea Treaty.

Every so often, we get a chance to use our constitutional rights for good. This is one of those times.

J. D. Longstreet

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