COSL Confidence is able to operate in water depths of up to 375 feet (114 m) and perform drilling operations to a total depth of 30,000 feet (9,144 m). After the delivery, COSL Confidence will be towed to Bohai Bay off the coast of China for operation. The rig was delivered three months ahead of the original schedule of May 2009. Upon the commencement of operation of the new rig, COSL will see its offshore drilling rig fleet in operation expanded to 23 units.
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Sunday, February 15, 2009
PPL delivers jackup COSL Confidence
Singapore: PPL Shipyard in Singapore delivered jackup COSL Confidence to China Oilfield Services Ltd. (COSL) (HKSE: 2883, SSE: 601808) on Feb. 11, 2009.
ConocoPhillips Gets Go Ahead to Drill New North Sea Well in March
ConocoPhillips has received consent to conduct exploration drilling of well 8/10-3 using the jackup drilling rig Maerrsk Gallant.
The well is part of production license 331 and is located about 55 km north-northeast of the Ekofisk Complex. Well 8/10-3 has the following geographical coordinates: N 57 degrees 02' 23.481", E 03 degrees 17' 01.820". The Maersk Gallant jackup is operated by Maersk Contractors Norge A/S. The plan is to commence drilling around mid-March 2009, after the facility has concluded a stay at the shipyard in Esbjerg. The activity has an estimated duration of about 176 days.Read More
The well is part of production license 331 and is located about 55 km north-northeast of the Ekofisk Complex. Well 8/10-3 has the following geographical coordinates: N 57 degrees 02' 23.481", E 03 degrees 17' 01.820". The Maersk Gallant jackup is operated by Maersk Contractors Norge A/S. The plan is to commence drilling around mid-March 2009, after the facility has concluded a stay at the shipyard in Esbjerg. The activity has an estimated duration of about 176 days.
Petrobras may confirm Iran oil commercial
Brazil’s state-owned Petrobras may determine “in weeks” whether oil it found in Iran is commercial, a company executive said.
Petrobras found indications of oil after drilling two wells in the Tusan field in the Persian Gulf, said Jorge Luiz Zelada, the company’s head of international operations. The company has spent $100 million since 2004 exploring for oil in Iran, he said. “We’ve found signs of oil offshore in Iran,” Zelada said. “We are in the final phase of analysing the results.” Petrobras plans to invest $15.9 billion in international operations through 2013, or 9% of its five-year, $174.4 billion spending plan, according to Petrobras’s Web site. The company hopes to increase output outside of Brazil 52% to 341,000 barrels per day in 2013 from 224,000 barrels last year. The company plans to start offshore drilling in Angola and Turkey this year, Zelada said. Talks to drill in Namibia are “advanced,” he said. In Turkey, Petrobras expects to reach output of 100,000 barrels per day from blocks in the Black Sea in 2020, Zelada said.Read More
Petrobras found indications of oil after drilling two wells in the Tusan field in the Persian Gulf, said Jorge Luiz Zelada, the company’s head of international operations. The company has spent $100 million since 2004 exploring for oil in Iran, he said. “We’ve found signs of oil offshore in Iran,” Zelada said. “We are in the final phase of analysing the results.” Petrobras plans to invest $15.9 billion in international operations through 2013, or 9% of its five-year, $174.4 billion spending plan, according to Petrobras’s Web site. The company hopes to increase output outside of Brazil 52% to 341,000 barrels per day in 2013 from 224,000 barrels last year. The company plans to start offshore drilling in Angola and Turkey this year, Zelada said. Talks to drill in Namibia are “advanced,” he said. In Turkey, Petrobras expects to reach output of 100,000 barrels per day from blocks in the Black Sea in 2020, Zelada said.
Princess Amalia Wind Farm achieves record performance
The Netherlands: The Princess Amalia Wind Farm in the North Sea, which was put into operation by Eneco and Econcern in June of last year, has met all expectations during the first half year after its opening.
The highest level of electricity production was recorded last week. At an optimal wind force 6, the wind farm produced 2.6 million kWh per day. Such a yield is sufficient to provide 250,000 households with electricity. Eneco receives all the electricity generated by the wind farm, which is performing at the level predicted before operations began. The wind farm's 60 turbines have been optimized and operate at full power when the wind conditions are optimal. During optimal conditions, the daily electricity production reaches peaks which are more than twice the average yield. Eneco and Econcern officials are pleased with these results, which they view as important for the further development of wind farms at the North Sea. The Princess Amalia Wind Farm, the Netherlands' largest wind farm at the North Sea, is located 23 kilometers (14.3 miles) from the coast of IJmuiden. At the start it was expected that the wind farm would generate 435 GWh of power per year, sufficient to provide 125,000 Dutch households with sustainable electricity.Read More
The highest level of electricity production was recorded last week. At an optimal wind force 6, the wind farm produced 2.6 million kWh per day. Such a yield is sufficient to provide 250,000 households with electricity. Eneco receives all the electricity generated by the wind farm, which is performing at the level predicted before operations began. The wind farm's 60 turbines have been optimized and operate at full power when the wind conditions are optimal. During optimal conditions, the daily electricity production reaches peaks which are more than twice the average yield. Eneco and Econcern officials are pleased with these results, which they view as important for the further development of wind farms at the North Sea. The Princess Amalia Wind Farm, the Netherlands' largest wind farm at the North Sea, is located 23 kilometers (14.3 miles) from the coast of IJmuiden. At the start it was expected that the wind farm would generate 435 GWh of power per year, sufficient to provide 125,000 Dutch households with sustainable electricity.
Saturday, February 14, 2009
Maritime Research Project Complete
The European maritime research project on the significance of risk-based design and approval has been concluded after four years of intensive study.
The multinational research project Safedor (Design, Operation and Regulation for Safety) was co-ordinated by ship classification society Germanischer Lloyd. 53 project partners from all sectors of the maritime industry were working on an innovative design approach to enhance safety at sea. The concluding working meeting took place at Germanischer Lloyd head office in Hamburg were the Safedor members met to discuss and exchange ideas and project results. Seeing safety treated as an objective rather than a constraint imposed by design rules was the initial goal of the EU-funded research project Safedor. In the past four years, the project partners discussed and developed possibilities to enhance the safety of ships. Three major achievements have accomplished: Safedor partners created a framework for risk-based design which is now documented in a handbook for naval architects and marine engineers. The second achievement was the development of an approval process for risk-based ships which is being submitted to IMO. The third pillar of Safedor is applications. A series of innovative ship and system designs were generated that show the practicability of the Safedor approach. To document the current risk level, five formal safety assessment studies for major ship types were conducted and also submitted to IMO.Read More
The multinational research project Safedor (Design, Operation and Regulation for Safety) was co-ordinated by ship classification society Germanischer Lloyd. 53 project partners from all sectors of the maritime industry were working on an innovative design approach to enhance safety at sea. The concluding working meeting took place at Germanischer Lloyd head office in Hamburg were the Safedor members met to discuss and exchange ideas and project results. Seeing safety treated as an objective rather than a constraint imposed by design rules was the initial goal of the EU-funded research project Safedor. In the past four years, the project partners discussed and developed possibilities to enhance the safety of ships. Three major achievements have accomplished: Safedor partners created a framework for risk-based design which is now documented in a handbook for naval architects and marine engineers. The second achievement was the development of an approval process for risk-based ships which is being submitted to IMO. The third pillar of Safedor is applications. A series of innovative ship and system designs were generated that show the practicability of the Safedor approach. To document the current risk level, five formal safety assessment studies for major ship types were conducted and also submitted to IMO.
Petrobras stalls US Gulf operations
Brazil's state-run Petrobras will delay exploration of some blocks in the Gulf of Mexico, so as to give priority to Brazil's sub-salt projects.
Jorge Luiz Zelada, Petrobras International director, however, said there would be no cancelation of any international project, nor the return of blocks in the Gulf of Mexico to switch investment to sub-salt deposits. "Our international investments are maintained at the same level as last year," he said. Petrobras plans to spend $15.9 billion in the international area, said a Dow Jones Newswire. Some 79% will be set aside for exploration and production, 8% in gas and energy, 7% in refining and petrochemicals and 5% in distribution, the Estado news agency reported today. The diversion of a rig to drill in Tupi field in the Santos basin, off the coast of Sao Paulo State, would cause the main delay of drilling in the Gulf of Mexico. That rig originally was intended to drill in deep waters off Mexico. Zelada said that, notwithstanding Petrobras investment priorities in sub-salt and refining, the company would still seek opportunities abroad. The rise in output abroad will come from Gulf of Mexico fields Cascade and Chinook, which will be on-stream in 2010 and should produce 100,000 bpd, he said. Petrobras also expects production to start in its second Nigerian field in 2010.Read More
Jorge Luiz Zelada, Petrobras International director, however, said there would be no cancelation of any international project, nor the return of blocks in the Gulf of Mexico to switch investment to sub-salt deposits. "Our international investments are maintained at the same level as last year," he said. Petrobras plans to spend $15.9 billion in the international area, said a Dow Jones Newswire. Some 79% will be set aside for exploration and production, 8% in gas and energy, 7% in refining and petrochemicals and 5% in distribution, the Estado news agency reported today. The diversion of a rig to drill in Tupi field in the Santos basin, off the coast of Sao Paulo State, would cause the main delay of drilling in the Gulf of Mexico. That rig originally was intended to drill in deep waters off Mexico. Zelada said that, notwithstanding Petrobras investment priorities in sub-salt and refining, the company would still seek opportunities abroad. The rise in output abroad will come from Gulf of Mexico fields Cascade and Chinook, which will be on-stream in 2010 and should produce 100,000 bpd, he said. Petrobras also expects production to start in its second Nigerian field in 2010.
Oman has no plans to cut oil production
Oman has no plans to cut oil production this year, said a top oil and gas ministry official after the country managed to arrest six-year production decline.
"We plan to increase the daily production of crude oil and condensates from 757,000 bpd in 2008 to 805,000 bpd this year," Nasser Bin Khamis Al Jasmi, Under-Secretary for Oil and Gas, said in his speech during the annual Petroleum Development Oman (PDO) media briefing at the Oil and Gas Exhibition Centre. He added that the ministry's efforts over the past years, together with those of the PDO and other oil companies operating in the country led to Oman's crude oil and condensates' production rising from 710,000 bpd in 2007 to 757,000 bpd last year. The undersecretary also pointed out that the oil and gas sector, as any other economic sector, was affected negatively or positively by the world market fluctuations. Al Jasmi pledged that the oil and gas sector in Oman will go ahead with projects that have been committed earlier.Read More
"We plan to increase the daily production of crude oil and condensates from 757,000 bpd in 2008 to 805,000 bpd this year," Nasser Bin Khamis Al Jasmi, Under-Secretary for Oil and Gas, said in his speech during the annual Petroleum Development Oman (PDO) media briefing at the Oil and Gas Exhibition Centre. He added that the ministry's efforts over the past years, together with those of the PDO and other oil companies operating in the country led to Oman's crude oil and condensates' production rising from 710,000 bpd in 2007 to 757,000 bpd last year. The undersecretary also pointed out that the oil and gas sector, as any other economic sector, was affected negatively or positively by the world market fluctuations. Al Jasmi pledged that the oil and gas sector in Oman will go ahead with projects that have been committed earlier.
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