Rio De Janeiro: Petrobras has completed drilling two new wells in the pre-salt layer off the coast of Espírito Santo and proved a discovery of light oil (30 degrees API) in the area known as Parque das Baleias.
The recoverable volume of the discoveries, made in pre-salt reservoirs located underneath the Baleia Franca, Baleia Azul and Jubarte heavy oil fields, is estimated between 1.5 billion BOE and 2 billion BOE. The 6-BFR-1-ESS and 6-BAZ-1DB-ESS wells were drilled about 80 kilometers (50 miles) off the coast and five kilometers and six kilometers (3.1 miles and 3.7 miles) to the north and to the south, respectively, of discovery well 1-ESS-103A. The discovery well, located in the pre-salt section under the Jubarte heavy oil field, has been producing at a high flow since last September. In the two latest wells, the reservoirs were discovered under a layer of up to 700 meters of salt and at depths ranging from 1,348 to 1,426 meters (4,448 ft to 4,706 ft) from the water line. The reservoirs are located 4,200 meters to 4,800 meters (13,860 ft to 15,840 ft) below sea level and have oil-bearing porous thicknesses of 190 meters and 300 meters (627 ft and 990 ft), proving the major potential of the discoveries. So far, six wells have been drilled in the Espírito Santo pre-salt layer, all of which have been successful.
Read More
Monday, November 24, 2008
Pirates move Saudi VLCC to unknown destination
The hijacked Saudi supertanker Sirius Star has been moved from the port of Haradheere to an unknown destination, an official of the Transitional Federal Government (TFG) of Somalia said, citing information from tribal leaders and mediators negotiating with the pirates.
However, the claim could not be verified from port authorities at Haradheere where the Sirius Star was sighted after it was hijacked last weekend. Yousif Adso, Secretary of the TFG Ministry of Foreign Affairs, said that the rival administration of the Islamic Courts movement had been negotiating with the pirates to free the vessel, and that the pirates themselves showed signs of disagreement over the size of the ransom and methods of payment. The hijackers have reportedly asked for a $25 million ransom. Ados said that the situation had been complicated by demands from the hijackers of 12 other vessels seeking joint negotiations. The TFG, led by President Abdullah Yousif and Prime Minister Nour Hasan Hussien, is in contact with the head of Puntland, Atallah Mousa, as well as tribal leaders and mediators to release the Sirius Star. Adso said they had urged Mousa to put an end the crisis which he expected to be over shortly. Adso said that although a ransom could be paid to free the Sirius Star, it would encourage piracy in the future.
Read More
However, the claim could not be verified from port authorities at Haradheere where the Sirius Star was sighted after it was hijacked last weekend. Yousif Adso, Secretary of the TFG Ministry of Foreign Affairs, said that the rival administration of the Islamic Courts movement had been negotiating with the pirates to free the vessel, and that the pirates themselves showed signs of disagreement over the size of the ransom and methods of payment. The hijackers have reportedly asked for a $25 million ransom. Ados said that the situation had been complicated by demands from the hijackers of 12 other vessels seeking joint negotiations. The TFG, led by President Abdullah Yousif and Prime Minister Nour Hasan Hussien, is in contact with the head of Puntland, Atallah Mousa, as well as tribal leaders and mediators to release the Sirius Star. Adso said they had urged Mousa to put an end the crisis which he expected to be over shortly. Adso said that although a ransom could be paid to free the Sirius Star, it would encourage piracy in the future.
Read More
Cochin Shipyard building 20 offshore vessels
The public sector Cochin Shipyard Ltd is in the process of constructing 20 offshore vessels, valued at Rs 3,000 crore, for European and American clients.
The projects being undertaken excludes the indigenous aircraft carrier for the Indian Navy, which is also under construction, Commodore M. Jitendran, Chairman and Managing Director, CSL,said. He was speaking on the occasion of the naming ceremony of two platform supply vessels for the Greek company Hellespont Steamship Corporation. He said that the yard was able to achieve the highest ever turnover of Rs 967 crore during the year 2007-08. The profit after tax was also the highest ever in the year at Rs 93.85 crore. The two platform supply vessels were named as Hellespont Dawn and Hellespont Daring. The vessels are of the popular UT-755-LN design for the offshore industry. The vessel is designed for satisfying the specific demands of transport of deck cargo, pipes, liquid cargo, cement, barite and so on and unloading to rigs and production platforms, pipe laying barges etc. They are the workhorse of the offshore oil field industry, which acts as a lifeline carrying all operational supplies and stores to far-off offshore installations.
Read More
The projects being undertaken excludes the indigenous aircraft carrier for the Indian Navy, which is also under construction, Commodore M. Jitendran, Chairman and Managing Director, CSL,said. He was speaking on the occasion of the naming ceremony of two platform supply vessels for the Greek company Hellespont Steamship Corporation. He said that the yard was able to achieve the highest ever turnover of Rs 967 crore during the year 2007-08. The profit after tax was also the highest ever in the year at Rs 93.85 crore. The two platform supply vessels were named as Hellespont Dawn and Hellespont Daring. The vessels are of the popular UT-755-LN design for the offshore industry. The vessel is designed for satisfying the specific demands of transport of deck cargo, pipes, liquid cargo, cement, barite and so on and unloading to rigs and production platforms, pipe laying barges etc. They are the workhorse of the offshore oil field industry, which acts as a lifeline carrying all operational supplies and stores to far-off offshore installations.
Read More
New Vessel Sharing Agreement with CMA-CGM in the trans-Pacific
Danish carrier Maersk Line announced the establishment of a new Vessel Sharing Agreement with French-based CMA-CGM utilizing both the Panama and Suez Canals commencing in May 2009.
Further adjustments to the Maersk Line network will provide customers with significant benefits. This new VSA follows almost a year of successful cooperation between the two companies in a trans-Pacific agreement, and represents further rightsizing of capacity in the trans-Pacific trade. Demonstrating a new perspective on service to North America, Maersk Line and CMA-CGM provide two strings with new services for customers. The scope of the agreement includes the Far East to the US east coast and Far East to the Pacific Northwest. “Our customers have been looking for products offering alternative gateways from Asia directly to the east coast via all water routing – and this new vessel sharing agreement represents this option, as well as a new direction for our companies. Our partnership has been tested in the trans-Pacific and we are pleased with the new and dynamic product offering for our customers,” commented Bill Woodhour, Sales manager for North America for Maersk Line.
Read More
Further adjustments to the Maersk Line network will provide customers with significant benefits. This new VSA follows almost a year of successful cooperation between the two companies in a trans-Pacific agreement, and represents further rightsizing of capacity in the trans-Pacific trade. Demonstrating a new perspective on service to North America, Maersk Line and CMA-CGM provide two strings with new services for customers. The scope of the agreement includes the Far East to the US east coast and Far East to the Pacific Northwest. “Our customers have been looking for products offering alternative gateways from Asia directly to the east coast via all water routing – and this new vessel sharing agreement represents this option, as well as a new direction for our companies. Our partnership has been tested in the trans-Pacific and we are pleased with the new and dynamic product offering for our customers,” commented Bill Woodhour, Sales manager for North America for Maersk Line.
Read More
Vessels to boycott pirate-infested Gulf of Aden
Vessels are increasingly avoiding the Gulf of Aden out of concern for the safety of seafarers and to ensure the safe delivery of cargo.
Danish shipping giant AP Moller said that the changes would mostly affect their tanker routes, however, three container vessels would also be affected, but that they would limit the impact for redeployment. “In general and for vessels entering the Gulf of Aden, we have safety and security procedures in place,” said an AP Moller Maersk-issued statement. The vessels will instead sail via the Cape of Good Hope and East of Madagascar. Meanwhile, INTERTANKO has voiced its support for all tanker operators who have declared their intention to boycott the area off Somalia’s coast and the Gulf of Aden. “Our concern remains for the safety of seafarers and for the lack of effective naval protection,” said a statement issued by NTERTANKO.
Read More
Danish shipping giant AP Moller said that the changes would mostly affect their tanker routes, however, three container vessels would also be affected, but that they would limit the impact for redeployment. “In general and for vessels entering the Gulf of Aden, we have safety and security procedures in place,” said an AP Moller Maersk-issued statement. The vessels will instead sail via the Cape of Good Hope and East of Madagascar. Meanwhile, INTERTANKO has voiced its support for all tanker operators who have declared their intention to boycott the area off Somalia’s coast and the Gulf of Aden. “Our concern remains for the safety of seafarers and for the lack of effective naval protection,” said a statement issued by NTERTANKO.
Read More
Iranian navy to launch two ships and a submarine this week
The Commander of the Iranian Navy has said that two new ships and a submarine would be launched later this week.
Cmdr Habibolallh Sayyari told that all three vessels were made in Iran. “On the occasion of Navy Day [November 27], two missile-carrying ships named ‘Kalat’ and ‘Derafsh’, as well as a light submarine will be launched. Iranian and US vessels sometimes come into close contact along the Strait of Hormuz, creating tension between Tehran and Washington, and Cmdr Sayyari said that Iran would close the Strait if the country were threatened. The Strait of Hormuz is an important passage way for the transport of oil from the Middle East to the world, and the US has said that would not let Iran close the waterway. Between 20 and 40 percent of the world's oil is shipped via the Strait of Hormuz each year.
Read More
Cmdr Habibolallh Sayyari told that all three vessels were made in Iran. “On the occasion of Navy Day [November 27], two missile-carrying ships named ‘Kalat’ and ‘Derafsh’, as well as a light submarine will be launched. Iranian and US vessels sometimes come into close contact along the Strait of Hormuz, creating tension between Tehran and Washington, and Cmdr Sayyari said that Iran would close the Strait if the country were threatened. The Strait of Hormuz is an important passage way for the transport of oil from the Middle East to the world, and the US has said that would not let Iran close the waterway. Between 20 and 40 percent of the world's oil is shipped via the Strait of Hormuz each year.
Read More
Subscribe to:
Posts (Atom)
