Heerema Marine Contractors' deepwater construction vessel Balder has recently completed the offshore removal of the Morpeth Tension-leg Platform (TLP) in the U.S. Gulf of Mexico for client Eni.The Morpeth Tension-leg Platform had reached a 20-year design life and ceased all production in August 2018.
Two offshore drilling rigs, previously used for oil and gas exploration beneath the seabed, could soon help with space exploration.Namely, according to multiple reports this week, a company linked to billionaire Elon Musk bought two deepwater semi-submersible drilling rigs last year, with plans - reportedly - to convert them into floating launch pads for Musk's SpaceX rockets.
M.A.R.S. Europe said it has been awarded a contract by Teekay Petrojarl Floating Production UK Ltd. for dismantling and recycling of the Petrojarl Banff floating production, storage and offloading unit (FPSO). The deal includes engineering, preparation, dismantling and green recycling of the long-serving floater.Teekay's Petrojarl Banff FPSO is expected to arrive at M.A.R.S.
Salvage crews completed cutting operations to separate the stern section from the Golden Ray wreck in St. Simons Sound, Ga., on Saturday night, and the giant piece of the overturned car carrier will be craned onto a barge and hauled away for recycling.Once lifting preparations conclude
Despite the COVID-19 pandemic, navies adjusted how they operate at home and while deployed, to keep their forces ready for any missions as they keep their Sailors, families, communities, as well as allies and partners safe from the coronavirus.Navies have taken a number of prudent preventative measures to limit outbreaks, mitigate cases of infection and reduce the community spread of the virus.
Energy companies, ports and refiners raced on Monday to shut down as Hurricane Sally grew stronger while lumbering toward the central U.S. Gulf Coast, the second significant hurricane to shutter oil and gas activity over the last month.The hurricane is disrupting oil imports and exports as the nation's sole offshore terminal, the Louisiana Offshore Oil Port (LOOP)
Allseas’ heavy lift vessel Pioneering Spirit has completed a removal campaign of processing and accommodation topsides and flare jackets as part of the Tyra Redevelopment Project for Total E&P Denmark. "Over the last two weeks, Pioneering Spirit removed more than 27,000 tonnes of platform facilities from the North Sea’s Tyra gas field
An oil production and storage vessel operated by Mexican state oil firm Pemex in the Gulf of Mexico has resumed crude shipments after a tanker collision halted exports earlier this month, according to a person with knowledge of the matter and data from Refinitiv Eikon.The FPSO facility (floating production, storage and offloading), which has the capacity to store up to 2.
Shipbuilder Austal Australia has delivered a new 118-meter fast ferry to Fred. Olsen Express.The high-speed trimaran ferry Bajamar Express is the first of two identical vessels ordered by Fred. Olsen Express in a €126 million ($142.8 million) contract in October 2017. The second vessel, Bañaderos Express, is under construction at Austal Philippines shipyard in Balamban, Cebu
Carnival Cruise Line has said that the delivery of its new ship Mardi Gras, the first LNG-powered cruise ship to operate in the Western Hemisphere, will be delayed due to COVID-19. The same goes for Carnival's Carnival Radiance ship. The company has also been forced to cancel several itineraries between November 2020 and May 2021.
Crude exports from the Louisiana Offshore Oil Port (LOOP) are hitting a record high even as U.S. crude exports have fallen as the coronavirus pandemic has chopped worldwide fuel demand.Oil majors Royal Dutch Shell Plc and BP Plc are the main winners from rising LOOP exports, because they pump most of the mid-sour crude exported from the terminal.
Developments in the oil tanker market in the past decade dominated by geopolitics, says shipping association BIMCO.Crude oil and product tanker markets alike have faced high volatility in recent weeks and months, largely due to geopolitics and the constantly evolving situation in the global oil markets.