Perth basin tight gas up for grabs

The gas-rich state of Western Australia has opened for bidding a large tight gas prospect in the onshore northern Perth basin.

It is hoped to be developed to avert a domestic gas shortage. The release area lies largely within the northern part of the Dandaragan Trough, which is a recognized gas and oil province. The West Erregulla tight gas prospect has attracted increased interest in recent times particularly with increased gas prices and a looming domestic gas shortage. The state's energy minister Francis Logan said the government is encouraging more exploration and development in order to avert a domestic gas shortage between 2008 and 2014. It is expected that supply of domestic gas from large liquefied natural gas projects will begin after 2014. Bids for the West Erregulla area close on 31 January 2008.
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Zhejiang’s feeder service to Shanghai

Customs at Hangzhou, a city in the eastern province of Zhejiang, has launched a feeder service to Shanghai.

The feeder service allows transshipments from Zhejiang province to be transported to Shanghai's Yangshan Terminal via feeder vessel from the port of Jiaxing or to the Waigaoqiao Terminal from the port of Shaoxing, which are shorter and US$135 per TEU cheaper compared to road transport.
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Noordhoek Orders Vessel

Noordhoek Offshore B.V., based in Zierikzee - The Netherlands, ordered a newbuild diving offshore construction support (DOCS) vessel for itsNorth Western European operations.

The delivery of this new vessel is scheduled for the second half of 2009, followed by its delivery it will join the Noordhoek fleet. This new, state-of-the-art vessel is, specifically designed for efficient diving operations in the harsh North Sea environment. The new vessel will have an 76 metres overall length, 18 metre beam, 100 tonne main crane and accommodation for 70 people. The 12-man, single bell, saturation diving system will utilise the latest technology. The vessel will have Class 2 Dynamic Positioning and be in compliance with the most demanding maritime and environmental regulations worldwide. The vessel’s design will reflect Noordhoek’s 47 years experience of successful diving operations in the North Sea and it will greatly enhance Noordhoek’s diving capabilities.

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Chinese fishing boats sink off Philippines

Two Chinese fishing boats sank in rough seas in a typhoon off the Philippines and at least 12 people are missing.

The ships sank off Palawan island, in the South China Sea, on Tuesday night. Earlier, Chinese official media said Beijing had sent three vessels and a helicopter to pick up more than 700 fishermen left stranded by the typhoon on and around islands in the South China Sea. Typhoon Hagibis, which has weakened to a tropical depression, killed 14 people in the Philippines last week, went west toward Vietnam and then made a dramatic U-turn over the South China Sea before returning to the Philippines. More than 400 fishermen from the southern province of Hainan province and 29 from the Philippines remain stranded in the Nansha area.Storms regularly batter the Philippines. Last year, Typhoon Durian killed 1,200 people and left 120,000 homeless when it crashed through Bicol in December.
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BP fined for oil pollution

British Petroleum pleaded guilty to breaking pollution laws when one of its crude pipelines leaked and spilled oil in Alaska.

BP agreed to pay a 20 million dollar fine because of this, according to the US justice authorities. The company "pleaded guilty today in federal court to a criminal violation of the Clean Water Act for spilling 200,000 gallons (760,000 liters) of crude oil from a pipeline onto the tundra and a frozen lake" in March 2006, the Justice Department, said in a statement. The leak, in the North Slope region, was due to BP's failure to notice signs of corrosion inside the pipes. The company was not charged for a second leak in August 2006 at its Prudoe Bay oil field, since it acted quickly to stop the flow of oil. Around 1,000 gallons of oil escaped in that leak.

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Sunseeker’s new 86 Yacht at London Boat Show

Sunseeker International announces the official launch of the new 86 Yacht at the Collins Stewart London Boat Show at ExCeL.

The introduction of the new 86 Yacht alongside Sunseeker’s new 34 Metre Yacht highlights the company’s impressive product development programme which has produced 6 new models including the new 37 Metre Yacht in just 12 months.
The majestic 86 Yacht has a broad beam and superb accommodation for up to eight people. The new 86 Yacht is typical of Sunseeker’s trademark look and proven deep ‘V’ hull design. The 86 Yacht is a craft of exceptional beauty. The exterior enjoys a sleek profile and extremely elegant lines, suggesting both power and grace. With a choice of powerful twin diesel engine options, this new yacht is capable of speeds in excess of 32 knots.

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Penguin increases fleet numbers

Singapore's Penguin Boat International has taken delivery of a new anchor handling towing and supply vessel, and secured new shipbuilding contracts worth US$32 million.

Earlier this month, Penguin subsidiary Pelican Offshore Services received its second AHTS "Pelican Quest", a 55-metre, 5000 brake-horsepower vessel slated for a long-term charter with an oil company in Asia. In addition to its two AHTS vessels, Pelican owns and operates six high-speed aluminium crewboats, all of which are on charter to oil companies in the region. Meanwhile, Penguin's shipyard subsidiary Penguin Shipyard International has signed contracts to build two offshore crewboats worth around US$7 million in total, and two standby rescue vessels worth about US$25 million in total.

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