China: COSCO Shipyard Group recently finished constructing two 105,000DWT shuttle tankers for Knutsen Company in Norway, with the first vessel, ‘N255’, beginning work in Nantong, China.
This project was the first time COSCO Shipyard has constructed vessel completely designed by it. This vessel incorporates the latest technology in the world, highly automated, and with dynamic positioning systems, adjustable pitch propellers, rudder shilling, and the stern side of the bow pushing the system, helicopter platform and so on. The finished vessels will be used as crude oil barges between FPSO to FSO and land to sea. Compared with conventional tankers, the vessels are easy to manoeuvre, have large cabin capacities, low fuel consumption, have safe, human design, and incorporate good environmental protection strategies.
Read More
Saturday, October 18, 2008
Cuba estimates offshore oil reserves of 20 billion barrels
Havana: Cuban oil officials have said that the country may have over 20 million barrels of recoverable oil in its offshore fields in the Gulf of Mexico, more than twice the estimates of the U.S. Geological Survey.
Rafael Tenreyro Perez, exploration manager for Cuban oil company Cupet, said that the country hopes to drill its first production wells in mid-2009. Tenreyro Perez said that the Cuban estimate was higher than U.S. Geological Survey because Cuba has better information about its offshore geology. The U.S. Geological Survey estimates that Cuba could have nine billion barrels of oil and 21 Tcf of natural gas. Tenreyro Perez said that Cupet did not have an estimate for the country's natural gas reserves. Tenreyro Perez stated that Cuba's oil estimates are mainly based on comparisons with how much oil is produced from similar geological structures offshore Mexico and the U.S., such as Mexico's Cantarell oil field. A consortium of international companies, led by Spain's Repsol YPF, is expected to drill the first production well. Drilling was scheduled for this year but postponed because of difficulties securing a rig. Brazilian state oil company Petrobras is also in talks with Cupet to drill offshore Cuba. Canadian company Sherritt has canceled its oil-production contract for Cuban waters of the Gulf of Mexico, saying that it was not worth continuing with exploration in the area.
Read More
Rafael Tenreyro Perez, exploration manager for Cuban oil company Cupet, said that the country hopes to drill its first production wells in mid-2009. Tenreyro Perez said that the Cuban estimate was higher than U.S. Geological Survey because Cuba has better information about its offshore geology. The U.S. Geological Survey estimates that Cuba could have nine billion barrels of oil and 21 Tcf of natural gas. Tenreyro Perez said that Cupet did not have an estimate for the country's natural gas reserves. Tenreyro Perez stated that Cuba's oil estimates are mainly based on comparisons with how much oil is produced from similar geological structures offshore Mexico and the U.S., such as Mexico's Cantarell oil field. A consortium of international companies, led by Spain's Repsol YPF, is expected to drill the first production well. Drilling was scheduled for this year but postponed because of difficulties securing a rig. Brazilian state oil company Petrobras is also in talks with Cupet to drill offshore Cuba. Canadian company Sherritt has canceled its oil-production contract for Cuban waters of the Gulf of Mexico, saying that it was not worth continuing with exploration in the area.
Read More
AMEC expands into offshore oil and gas decommissioning through cooperation agreement with SeaMetric
London-based international engineering and project management company AMEC and the marine heavy lifting company SeaMetric International have signed a cooperation agreement to provide a new international offshore decommissioning service for clients.
Neil Bruce, CEO of AMEC’s Natural Resources division, said: “The market for the decommissioning of offshore oil facilities is huge and working with SeaMetric will enable us to enhance our portfolio of asset support services to provide an integrated “end-of-life” solution.” SeaMetric’s Managing Director, Johan F. Andresen, added: “Cooperation with AMEC is a major step towards realizing the potential of [Twin Marine Lifter projects], particularly in the North Sea platform decommissioning market.”
Read More
Neil Bruce, CEO of AMEC’s Natural Resources division, said: “The market for the decommissioning of offshore oil facilities is huge and working with SeaMetric will enable us to enhance our portfolio of asset support services to provide an integrated “end-of-life” solution.” SeaMetric’s Managing Director, Johan F. Andresen, added: “Cooperation with AMEC is a major step towards realizing the potential of [Twin Marine Lifter projects], particularly in the North Sea platform decommissioning market.”
Read More
Aegean Marine Petroleum Network Inc. to Expand Presence in the Caribbean
Aegean Marine Petroleum Network Inc. announced that it will be establishing business operations in Trinidad and Tobago, expanding its presence to the southern Caribbean.
Aegean is in the process of setting up its local logistics infrastructure and expects to commence operations by the end-of-the first quarter, 2009. E. Nikolas Tavlarios, President, commented, "We are pleased to once again expand Aegean's global platform by entering into a strategically important market. Trinidad and Tobago, located in the southern Caribbean and bordering the northeast coast of South America, is a significant transshipment hub which lies along major shipping lanes connecting South America to the Panama Canal, Caribbean, and the U.S. Gulf. Ships sailing through these waters encompass all sectors of the industry, including tanker, container, general cargo, drybulk, chemical, and gas carrier." Mr. Tavlarios continued, "We believe Aegean's leading reputation for providing quality product and service, successful track record in developing new markets, and expansive logistics infrastructure will help establish Trinidad and Tobago as a major bunkering destination in the southern Caribbean. Trinidad and Tobago is a party to the IMO MARPOL Regulation and requires all bunkering tankers entering the market to be double-hull." Mr. Tavlarios concluded.
Read More
Aegean is in the process of setting up its local logistics infrastructure and expects to commence operations by the end-of-the first quarter, 2009. E. Nikolas Tavlarios, President, commented, "We are pleased to once again expand Aegean's global platform by entering into a strategically important market. Trinidad and Tobago, located in the southern Caribbean and bordering the northeast coast of South America, is a significant transshipment hub which lies along major shipping lanes connecting South America to the Panama Canal, Caribbean, and the U.S. Gulf. Ships sailing through these waters encompass all sectors of the industry, including tanker, container, general cargo, drybulk, chemical, and gas carrier." Mr. Tavlarios continued, "We believe Aegean's leading reputation for providing quality product and service, successful track record in developing new markets, and expansive logistics infrastructure will help establish Trinidad and Tobago as a major bunkering destination in the southern Caribbean. Trinidad and Tobago is a party to the IMO MARPOL Regulation and requires all bunkering tankers entering the market to be double-hull." Mr. Tavlarios concluded.
Read More
IMO upbeat on work to reduce Greenhouse Gas emissions from ships
Singapore: IMO secretary-general Efthimios Mitropolous delivered the second annual Singapore Maritime Lecture this week, the first having been given last year by the republic's minister mentor Mr Lee Kuan Yew.
Addressing the topic of 'Climate Change and International Shipping,' Mitropoulos gave an update on IMO work on reduction of the emission of Greenhouse Gases (GHG) from ships following the successful work carried out early this year on reducing other emissions such as SOx in the revision of Marpol Annex VI. 'IMO has also given ample consideration to this (GHG) matter, given the mandate that the Organization has, through the United Nations Framework Convention on Climate Change " the UNFCCC " and its Kyoto Protocol, to pursue the limitation or reduction of emissions of greenhouse gases from ships, said Mitropoulos. 'We have established an ambitious but achievable action plan to that end and are now working towards the development and adoption of a robust regime that will regulate shipping at the global level and contribute to the slowing down of climate change. 'In particular, much progress has been made this year by the MEPC and in intersessional meetings on items such as the development of the Interim Guidelines for an Energy Efficiency Design Index for new ships, an Energy Efficiency Operational Index and best practices for fuel efficient operation of ships throughout the industry.
Read More
Addressing the topic of 'Climate Change and International Shipping,' Mitropoulos gave an update on IMO work on reduction of the emission of Greenhouse Gases (GHG) from ships following the successful work carried out early this year on reducing other emissions such as SOx in the revision of Marpol Annex VI. 'IMO has also given ample consideration to this (GHG) matter, given the mandate that the Organization has, through the United Nations Framework Convention on Climate Change " the UNFCCC " and its Kyoto Protocol, to pursue the limitation or reduction of emissions of greenhouse gases from ships, said Mitropoulos. 'We have established an ambitious but achievable action plan to that end and are now working towards the development and adoption of a robust regime that will regulate shipping at the global level and contribute to the slowing down of climate change. 'In particular, much progress has been made this year by the MEPC and in intersessional meetings on items such as the development of the Interim Guidelines for an Energy Efficiency Design Index for new ships, an Energy Efficiency Operational Index and best practices for fuel efficient operation of ships throughout the industry.
Read More
Subscribe to:
Posts (Atom)
