Danish Maritime Authority: USD 3.5 Million for Maritime Projects

first_imgA number of Danish maritime enterprises will receive a greeting from the DMA before the summer holiday. The maritime conversion pool is earmarked for 6 green maritime demonstration projects, promoting innovation, growth and jobs in the Blue Denmark.Money has, inter alia, been earmarked for constructing ships by new and lighter materials and for developing new and more energy-saving trawls for fishing vessels. There has been great interest in the pool. The Danish Maritime Authority has received a total of 17 applications for a total amount applied for of almost DKK 50 million.The maritime conversion pool is an initiative from the Government’s Plan for Growth in the Blue Denmark. DKK 20 million have been earmarked for the pool, which is included in the Government and the Red-Green Alliance’s (Enhedslisten) green conversion package.[mappress]DMA, June 24, 2013last_img read more

PSA Norway Investigates Nearly Fatal Incident on Skandi Arctic DSV

first_img[mappress] June 28, 2013 An investigation has been launched by the Petroleum Safety Authority Norway into a serious incident on diving support vessel Skandi Arctic on 22 June 2013.The incident occurred during a manned subsea operation (MUO) on the Alvheim field in the North Sea, operated by Marathon Oil Norge AS. Diving contractor Technic Norge was responsible for the MUO.A three-strong diving team was due to be transported in a diving bell to the workplace on the seabed in about 110 metres of water.While being handled in the DSV’s moonpool, the bell suffered an uncontrolled drop of several metres. Its main umbilical was ripped loose in this fall.Gas began escaping from the bell, but the divers quickly managed to shut all the valves and halt the leak. A continued drop in pressure could have had fatal consequences for them.No personal injuries have been reported in connection with the incident.Investigation“The PSA takes a very serious view of this incident, and has initiated an investigation. A team of investigators from the regulator has already been on board Skandi Arctic. Clarifying the course of events and identifying both direct and underlying causes are among the objectives of this investigation,” said the PSA in a press release.last_img read more

Top News of the Week of Sep 09 – Sep 15, 2013

first_img1. Fugro Acquires DCN Global LLCFugro has reached agreement to acquire DCN Global LLC (‘DCN Global’), a company specialising in the provision of subsea engineering and diving services to the offshore civil and oil & gas industry, primarily in the Middle East.2. BP Awards Over £1 Bln in Contracts for Re-Development of Quad 204BP announced that it, and its partners, have now awarded over £1 billion in contracts to UK-based companies to provide services and equipment for the major re-development of the Schiehallion and Loyal oil fields to the west of Shetland.3. FMC Technologies to Supply 16 Subsea Manifolds for Petrobras’ FieldsFMC Technologies, Inc. announced that it has signed an agreement with Petrobras, Brazil’s national oil company, for the supply of subsea manifolds for its pre-salt fields, located offshore Brazil.4. Fugro Launches New Submarine Rescue Simulator at DSEIFugro Subsea Services Ltd gave the first public showing of its new Submarine Rescue Vehicle (SRV) simulator at the DSEI show in London.5. TE SubCom, SubPartners Ink System Supply Contract for APX-West Submarine CableTE SubCom, a TE Connectivity Ltd. Company and an industry pioneer in undersea communications technology, and SubPartners Pty Ltd (SubPartners) announce the signing of a system supply contract for the APX-West submarine cable system from Perth, Australia to Singapore. APX-West will deliver low-latency, diverse capacity between Australia and Singapore. Related:Top News of the Week of Sep 02 – Sep 08, 2013Top News of the Week of Aug 26 – Sep 01, 2013 Subsea World News Staff, September 15, 2013last_img read more

Scorpio Tankers Takes Delivery of STI ‘Opera’ from South Korea

first_imgScorpio Tankers Inc. has taken delivery of a MR product tanker newbuilding, STI Opera, from Hyundai Mipo Dockyard Co., Ltd. of South Korea.The vessel will be time chartered-out for up to 120 days at approximately $19,000 per day.Scorpio Tankers Inc. currently owns 21 tankers (one LR2 tanker, four LR1 tankers, one Handymax tanker, 14 MR tankers, and one post-Panamax tanker) with an average age of 4.0 years, time charters-in 30 product tankers (nine LR2, four LR1, eight MR and nine Handymax tankers),The company has contracted 63 newbuilding vessels (30 MR, 12 LR2, and 14 Handymax ice class-1A product tankers and seven VLCCs), 43 are expected to be delivered to the Company in 2014, 16 in 2015 and four in 2016. The Company also owns 30% of Dorian LPG Ltd.Scorpio Tankers, January 29, 2014last_img read more

APPEA: NSW Requires More Gas, Not More Regulation

first_imgReports that NSW energy costs are set to jump by up to 20 per cent should bring home to the State’s 1.3 million gas customers the very serious consequences posed by the CSG fear agenda of the Greens and other anti-fossil fuel groups.While South Australia, Queensland, and Victoria possess strong and vibrant energy industries, NSW today imports 95 per cent of its gas supply and stands exposed to the economic shifts underway.The NSW gas industry has significant potential to grow, and the NSW Government can play a vital role in delivering energy and economic security through the establishment of clear rules which are in place long enough for gas producers to demonstrate that they meet the highest standards and expectations of communities.APPEA Chief Operating Officer Eastern Australia, Paul Fennelly said: “On the one hand the Greens oppose the safe production of natural gas and call for a move to 100 per cent renewables, yet they simultaneously call for sourcing natural gas from South Australia and Victoria.“They openly endorse civil disobedience in an effort to close natural gas drilling sites in NSW yet recognise NSW has a looming gas supply problem. They refuse to acknowledge NSW has a responsibility to develop its own gas resources in order to contribute to gas supply in the eastern states.“The answer to rising gas prices is the delivery of more gas, not the imposition of more regulation.“Policies that manipulate gas markets to deliver non-commercial outcomes will clearly drive away investment in the sector and hurt residential, commercial, and industrial customers.”[mappress]Source: APPEA, February 17, 2014last_img read more

Norway: Oil production above NPD’s prognosis

first_img[mappress]Press Release, June 17, 2014 The Norwegian Petroleum Directorate has announced preliminary production figures for May 2014 which indicate an average daily production of about 1 665 000 barrels of oil, NGL and condensate.This is 282 000 barrels per day (about 14 percent) less than in April 2014. Total gas sales were about 8.2 billion Sm3, which is 0.8 GSm3 less than the previous month.The average daily liquid production in May was: 1 321 000 barrels of oil, 290 000 barrels of NGL and 55 000 barrels of condensate. The oil production is 5 percent above the NPD’s prognosis for May and 13 percent below the oil production in May last year.The Brage, Grane, Heidrun, Oseberg and Veslefrikk fields had reduced production in May due to planned maintenance work.So far this year the oil production is about 2 percent above the NPD’s prognosis.The total petroleum production for the first five months in 2014 is about 92.1 million standard cubic meters oil equivalents. (MSm3 o.e.), broken down as follows: about 35.9 MSm3 o.e. of oil, about 9.5 MSm3 o.e. of NGL and condensate and about 46.7 MSm3 o.e. of gas for sale. The total oil volume is 0.4 MSm3 o.e., about 1.0 percent higher than for the same period in 2013.Final production figures from April 2014 show an average daily production of about 1.539 million barrels of oil, 0.408 million barrels of NGL and condensate and a total of 9.0 billion Sm3 saleable gas production.last_img read more

AGR Supports E&P Companies with Development of Multi Client Studies

first_imgAGR has developed several Multi Client studies on the Norwegian Continental Shelf that help the small and medium-sized E&P companies but also majors identify exploration prospects in a cost-efficient method. AGR’s Multi Client studies provide an entry tool for its clients to obtain a significant amount of interpreted key horizons and well data, supported by a complete public 2D and 3D seismic database on which to make sound planning and investment decisions.One of the recent Studies the team has developed covers the Finnmark East platform, situated near the northern border between Norway and Russia.Despite the increasing interest in the new area open for exploration in the Barents Sea southeast, the Eastern Finnmark Platform is still one of the most underexplored domains. So far only seven wildcats have been drilled in the area.AGR saw great potential in the near-shore area and started gathering geological information for the study. The working process has included 6-7 specialists working on the case with background within geology, geophysics, petrophysics and geological chemistry. The recent nomination round published by the Norwegian Petroleum Directorate showed great interest particularly to the Finnmark area.The recent discoveries have proved the large hydrocarbon potential of Permian and Triassic plays in the central and western Barents Sea, also present in the Eastern Finnmark Platform.AGR’s Exploration Manager Erik Lorange comments: “Our results from an integrated geoscientific evaluation of the Eastern Finnmark Platform reveal detailed Permian and Triassic depositional environments, unlocking the potential prospectivity in the area. We are especially looking at two periods of exposure during Permian and the gliding of Triassic sediments over the underlying basinal evaporites that create both reservoir potential and traps within the Eastern Finnmark Platform.”AGR’s Finnmark Platform Study is based on the interpretation of regional released 2D and 3D seismic datasets, available wells and cores, previous commercial reports, published reports and publications. Depositional environments are constructed based on the integration of the information extracted from new core descriptions, wireline log analysis and seismic interpretation, pointing at the potential reservoir rocks. Geochemistry and basin modelling analysis reveal target source rocks and their maturation in the area, peculiarly highlighting its possible partial Russian origin. Integrated facies analysis and basin modelling led to the identification of more than a dozen of hydrocarbon leads within Carboniferous, Permian and Triassic sediments in the area, being up to the half of them structural traps.Press Release, June 20, 2014last_img read more

Tax regime must be simplified and headline rates reduced, Oil & Gas UK says

first_imgOil & Gas UK has welcomed HM Treasury’s announcement today (14 July) of a formal consultation into the future of the UK offshore oil and gas tax regime. The industry’s leading trade body believes the sector faces an uncertain future and that the tax review is therefore now urgently needed.Oil & Gas UK chief executive Malcolm WebbThe UK continental shelf (UKCS) is a mature offshore oil and gas province and one of the world’s most expensive basins to operate and invest in. Despite current record rates of investments, there are worrying signs that investment will halve over the next four years whilst exploration remains at an all-time low. Production has fallen rapidly in recent years particularly in some of the oldest fields in the North Sea which are taxed at rates of up to 81 percent.Michael Tholen, Oil & Gas UK’s economics director observes: “The current fiscal regime has become increasingly complicated and unpredictable with high tax rates combined with a multiplicity of allowances. While targeted allowances have successfully encouraged a wave of activity in recent years, temporarily halting the production decline, their impact is diminishing in an ever more expensive business climate. Investors are increasingly looking to invest elsewhere rather than in the UK.”The Department for Energy and Climate Change and the Wood Review both agree that the UK has significant remaining offshore oil and gas resources. Oil & Gas UK believes there could be up to 24 billion barrels of oil and gas still to recover; however, these will remain untapped unless there is a swift change.Malcolm Webb, Oil & Gas UK’s Chief Executive, said: “The Wood Review calls for a tripartite approach to the UKCS between HM Treasury, the new regulator (the Oil and Gas Authority) and industry to maximise economic recovery (MER). The current fiscal regime is becoming a barrier to investment both in new fields and in the many mature opportunities. This will be the first instance of MER in action and we have high expectations for what the consultation will deliver.“While our members will work closely with HM Treasury to respond in depth to the Consultation this review must lead to early action. It cannot simply be a paper exercise. The tax regime must be simplified and the headline rates reduced to send a strong signal that the UKCS is open for business.”The North Sea continues to have a big impact on our economy. Crude oil and gas provide around three quarters of the country’s primary energy and this level of dependency is unlikely to change significantly for many years to come. Government policies to encourage investment that maximises domestic oil and gas production makes economic sense, in that this helps to minimise costly energy imports and strengthens the UK balance of trade.Promoting a strong indigenous oil and gas industry also has wider economic benefits. This industry was the largest industrial investor in the UK economy last year (£14 billion in 2013) and its supply chain has a turnover of over £35 billion, of which more than £14 billion of goods and services were exported to a global market. The sector supports some 450,000 jobs in the UK.All of this is at risk if activity declines and there is no upturn in exploration. [mappress]Press Release, July 14, 2014last_img read more

More ‘Walk to Work’ contracts for Uptime

first_img[mappress]Press Release, August 15, 2014 Norway’s Uptime International has entered into contracts with MAC Offshore Dubai and Fujian Mawei Shipyard China for delivery of three active motion compensated gangways.The first of these three gangways will be mounted early 2015 on their third Compact Semi Sub (CSS) maintenance vessel, which was designed by STX’s Vancouver office.The next two will be mounted on two new Motel Support Vessels to be built in 2015/2016.In order to ensure the POB access, the vessels have been upgraded with motion compensated gangways which, during inclement weather, will significantly increase the ability to connect to offshore installations.UPTIME 23,4m active motion compensated gangwayThe combination of MAC, the CSS stable platform, and the Uptime motion compensated gangway, will create a very safe and secure environment for the transfer offshore personnel, reduce downtime and increase productivity, Uptime explains.Uptime International also delivered an active motion compensated gangway to MAC Offshore Dubai and Fujian Mawei Shipyard last year. This was mounted on their second Compact Semi Sub “BSC CSS 1” that will soon be on charter with Shell Brunei.“This is the largest contract bundle for Uptime International so far, and in light of the fact that MAC Offshore is a very innovative company, it is a vote of confidence for Uptime international to be selected as supplier of their walk to work function” says Sales & Marketing Director Svein Ove Haugen.last_img read more

Refrade UK first job in Norway

first_imgReftrade UK, a company that sells and leases refrigerated containers and temperature controlled units to the offshore energy sector, has been awarded a contract with a major operator in Norway, ahead of this year’s ONS exhibition.Greg Spence, Reftrade UK managing directorThe contract, which is the first that Reftrade UK has secured in Norway, will see the company supply custom-built refrigeration containers, fitted with Carrier Prime-line duel operation equipment, for use on an offshore platform located in the North Sea.The project will coincide with the company’s first visit to the ONS 2014 exhibition and conference in August, with Norway representing a large growth area for Reftrade UKGreg Spence, Reftrade UK managing director said: “This is a significant contract win for Reftrade UK. Securing a contract with a major operator further underpins our reputation for delivering excellent service and high quality refrigeration containers. “We have experienced a significant increase in demand for our products in the North Sea in recent months which is highly encouraging. The Norwegian market is a key focus for the company as we continue to expand and enhance our range of NORSOK-accredited containers to meet customer demand in the region. “Attending ONS 2014 provides the ideal opportunity for us to meet with new and existing clients to discuss their requirements and explore new business opportunities. The team is looking forward to visiting the well-attended Norwegian exhibition for the first time as we further expand our operations in the region.”The 10ft x 8ft, DNV 2.7-1 containers were custom-built for this project and are of the highest specification we have built to date incorporating Safe Area refrigeration equipment with Zone 2 ATEX internal equipment which also interfaces with the platforms control room. Each of the units are fitted with high end safety specifications, which include Atex Zone 2 easy access butcher doors, man trap alarm, overriding lock systems and a protective outer coating, which ensure they meet full NORSOK and ATEX standards.Reftrade UK is currently looking to appoint a new Norwegian agent. When agreed, the new partnership will aid local operations and provide Reftrade UK with a regional presence for projects in the area.Spence continued: “Forming a new partnership with an already established company based in Norway will be highly beneficial for Reftrade UK. It will provide us with the support and connections we require to offer a full, on-the-ground service to our customer base in the area.”At the end of last 2013, Reftrade UK made a significant investment to improve the safety standards of its rental fleet. The investment saw the company take a market-lead at the time as the only rental supplier of 10ft and 20ft rated explosion proof containers in the UK.Reftrade UK can supply, deliver and advise on the manufacture of custom-built, bespoke units to suit client requirements in a range of different temperatures. The explosion proof containers provide cold or freezer storage in a -28oC to +22oC temperature range. The company’s zoned 1 & 2 units are capable of providing cold or freezer storage, in a -20°C to +6 °C temperature range. [mappress]Press Release, August 18, 2014last_img read more