Sunday, October 12, 2008

Yantai Raffles loads out lower hull of ‘Wilpioneer’

Singapore’s Yantai Raffles Shipyard Limited has successfully executed the load-out operation for the first of Awilco Offshore’s three semi-submersible drilling rigs, which are under construction at the YRS shipyard in Yantai, Shandong Province, China.

The lower hull of the ‘Wilpioneer’ was loaded out onto a floating barge by means of an unprecedented combination of the Gripper Jack System with the shipyard’s existing Roller Skidding Method. The hull was subsequently floated off in the dredging area and tugged into the dry dock. “The ‘Wilpioneer’ is the first semi-submersible being built in our shipyard and our adoption of the system has enabled us to execute the load-out the with greater efficiency, lower cost and improved safety,” said Cho Yong Jin, Chief Executive Officer of YRS. “This unique combination system can load structures of up to 40,000 tonnes, which is about three times the weight that other yards can load out using a Gripper Jack System of similar size.” The ‘Wilpioneer’, fully equipped for year round operation in harsh environments, is a GM4000 design rig, with a dynamic positioning system, accommodation unit and ballasting system designed to support duties such as intervention and drilling in water depths of up to 762 metres.
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StatoilHydro Reports Higher Volumes on Dagny

StatolilHydro is reported the size of the Dagny discovery in the North Sea is being upgraded to contain between 130 and 170 million barrels of oil equivalent after drilling of a sidetrack well has been completed.

The purpose of the sidetrack drilling was to delineate the Dagny discovery in order to determine the oil/water contact. Including the Ermintrude find the total recoverable volume is estimated at 180-240 million barrels of oil equivalent. The appraisal wells on the Dagny structure confirm that Dagny and Ermintrude, which was confirmed in 2007, have identical pressures and are located in the same structure. A joint development of Ermintrude and Dagny phased in to the Sleipner field is being evaluated. Gas was confirmed in the Dagny discovery as early as in 1978. A creative exploration organisation presented the idea that there might be an oil column below the gas.
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Shippers quit Bangkok port over strike fears

Bangkok: Shippers are clearing their cargo from Bangkok Port and re-routing shipments via Laem Chabang Port on fears that unionized workers will strike again in support of anti-government protests.

The Port Authority of Thailand and its labour union in separate statements have urged exporters and shippers to divert their shipments from the port in Klong Toey to other sites. There are fears that the ongoing political turbulence might disrupt operations at Bangkok Port, where services were suspended three days last month as union members showed their support for the anti-government People's Alliance for Democracy (PAD). The Thai National Shippers Council alerted its 2,700 members about the threat of industrial action and advised them to divert shipments to Laem Chabang from next week. Despite higher costs, exporters have opted to use Laem Chabang to avoid the risk of failing to meet shipment schedules and of damaging their reputation among foreign buyers, said the TNSC. Bangkok Port can service 40,000 containers per week, accounting for about a quarter of the country's capacity, states Cargonews Asia. Shippers estimate an extra cost of around US$88.35 to $117.8 for moving each container from Bangkok to Laem Chabang.
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Hallin signs definitive contract for Coniston

Singapore: Hallin Marine has now signed the definitive contract for the 80-meter (262-foot) dynamically positioned subsea operations vessel the Coniston.

The order for the vessel has been placed with shipbuilders Bina Marine Pte Ltd and it will be delivered in the fourth quarter of 2010. The total cost of the finished vessel will be US$51.4 million.The Coniston will be able to operate in deep water, carry and deploy the Company's Remote Operated Vehicles (ROVs) and house up to 120 personnel. Buying the Coniston fits in with Hallin's three-prong vessel strategy of operating a mix of owned vessels, long-term charter vessels, and short-term charter vessels. The Coniston is the third subsea operations vessel on order from Hallin. The Ullswater will be delivered at the year-end and Windermere will be delivered in the first quarter of 2010.Construction of the Coniston will take place at Bina Marine's shipyard in Batam, Indonesia, close to where Hallin's first vessel, the Ullswater, was recently launched. Hallin Marine CEO John Giddens said that the Coniston will be another outstanding subsea operations vessel to add to our growing fleet.
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