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Brazil: Odebrecht Takes Delivery of Delba III Rig

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Tug Fairmount Summit has delivered the new build drilling rig ODN Delba III safely from the Persian Gulf to a location offshore Rio de Janeiro, Brazil. The total voyage over a distance of 10,625 miles was performed with an average speed of 6.0 knots.

ODN Delba III is a semi submersible drilling rig for deep water operations build in Abu Dhabi for Odebrecht Drilling Services, part of Odebrecht S.A., a leading Brazilian multinational.

Odebrecht contracted Fairmount Marine to tow ODN Delba III from Muscat, Oman, to Rio de Janeiro, Brazil. For this job the Fairmount Summit was mobilized to the Persian Gulf. During the towage at a stop- over at Cape Town, South Africa, some cargo runs were performed by the also contracted Fairmount Fuji. This multi-purpose DSV/supply vessel had just returned to Cape Town after a survey job on the Atlantic Ocean. The towage of ODN Delba III was Fairmount Marine’s second successful operation for Odebrecht in a short period. Earlier Fairmount Marine performed the towage of semi submersible drilling rig Norbe VI, a sister unit of ODN Delba II, for Odebrecht.

Fairmount Marine is a marine contractor for ocean towage and heavy lift transportation, headquartered in Rotterdam, the Netherlands. Fairmount’s fleet of tugs consists of five modern super tugs of 205 tons bollard pull each, especially  designed for long distance towing, and a multipurpose support vessel. Fairmount Marine is part of Louis Dreyfus Armateurs Group.

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Plan in place to deal with Iran threat

World powers have started drawing up contingency plans in case Iran close Strait of Hormuz

Regional security expert Dr Theodore Karasik says contingencies are in place should Iran follow through with threat to close Strait of Hormuz

World powers have started drawing up contingency plans in case Iran follows through with its threat to seal off the vital Strait of Hormuz.

Iranian officials have threatened to block the waterway if new sanctions, aimed at discouraging Iran’s nuclear programme, harm Tehran’s oil exports.

Tehran has announced plans for military exercises in the strait, the world’s most vital oil lane with 16 million barrels of crude passing through it every day. Gulf oil producers are now working with the West on a plan to keep supplies steady if Iran follows through with its threat. Regional security expert Dr Theodore Karasik said: “In the past Iran has made threats of closure but given the current environment the threats are being taken more seriously. All sides are preparing for the potential that Iran would launch this as an opening salvo to a much wider confrontation.”

Karasik, director of research and development at the Institute for Near and Gulf Military Analysis, added that Tehran’s latest threat to blockade the waterway showed it  “acting in a more assertive, almost belligerent way”. Reuters reported that a new oil pipeline stretching from Abu Dhabi to Fujairah could be used to transport crude outside of the Gulf, allowing it to be loaded onto tankers waiting on Fujairah’s Indian Ocean coastline.

Last month UAE energy minister Mohammad bin Dha’en Al Hameli said the strategic pipeline would be ready “soon”, and Reuters quoted one industry source as saying: “It’s now only a matter of pushing a button.” However, Karasik said that any use of the UAE pipeline, and a similar plan to shift some of Saudi Arabia’s oil to its Red Sea coast, would not compensate for a full closure of the strait.

“The creation of these alternative routes is part of a strategy to have less of a reliance on the strait itself, but these lines are not mature enough to offset the potential losses,” he said. Britain also said yesterday it was sending its newest warship – Royal Navy destroyer HMS Daring – to the Gulf.

“The rhetoric has reached such a feverish pitch now that you have to take every word that is being said as being serious, and there is too much move­ment ongoing now in terms of military exercises and manoeuvres to rule that this is a normal situation,” said Karasik.

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YACHT OF THE WEEK: This $6.5 Million Yacht’s Sleek Exterior Belies A Cozy Interior

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Travis Okulski

There are definitely preconceived notions that the exterior of a yacht is reflected on the interior.

It seems that classic sail boats have regal accommodations while the latest modern yachts feature high tech minimalism.

Yet we have found that there is rarely a hybrid of the two.

The 115 foot M&M, which has been made available for $6.5 million (via Boat International), is one of the contradictions in the yacht world.

An ultra-modern exterior and upper deck gives way to an interior that feels like a cross between a country cottage and a hip European apartment.

Classic wood mingles with modern fixtures to bring a one of a kind experience to all aboard.

Source – Businessinsider.com

RXT Enters LOI for Seismic Acquisition Offshore West Africa

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The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has entered into a LOI with an international oil company regarding acquisition of 4C seismic data in West Africa. The intention is to conclude the final contract during May and start up of the project will be in Q2.

The work is estimated to take 4-5 months, depending on the final lay out of the acquisition design. The final contract is subject to board and government approvals.

About RXT:

Reservoir Exploration Technology ASA (RXT) is the only marine geophysical company specializing in multi component seismic seafloor acquisition.

Multi-component seismic solves several imaging challenges that cannot be resolved with towed streamer seismic, and targets improved oil recovery from existing fields. The technology also gives better data quality for appraisal and development, and is also the solution where towed streamers are impractical due to high density of platforms and/ or shallow waters. The Company has offices in Oslo, Norway in Rio de Janeiro, Brazil in Abu Dhabi, UAE and Houston, Texas.

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