U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production, according to sources and Refinitiv Eikon data, with local prices easing as more shipments moved out of the region.Hurricanes Ida and Nicholas damaged platforms, pipelines and processing hubs, shutting in most offshore production for weeks.
Offshore drilling contractor Noble Corporation has sent a force majeure notice to its client Shell over the Noble Globetrotter II drillship contract after the rig was damaged earlier this week in the U.S. Gulf of Mexico in severe weather during Hurricane Ida. The 2013-built ultra-deepwater drillship has a contract with Shell lasting until early September 2023 at a flexible day rate of at least
My brother, who is the executive editor of my favorite boating magazine (Soundings), and I occasionally send strange tidbits to each other by email. For some reason he sent me an email about the 17th Century ship Vasa and focused on one of the causes of the vessel’s failure to float properly.
Elon Musk, a billionaire behind the SpaceX company, on Friday tweeted a video of a new Space X vessel named A Shortfall of Gravitas.SpaceX, or Space Exploration Technologies Corp, was founded by Musk back in 2002 to cut space transportation costs and eventually enable the colonization of Mars. It designs, manufactures and launches advanced rockets and spacecraft.
Salvors have raised the bow section of the liftboat Seacor Power, which overturned in heavy seas in the Gulf of Mexico in April.The Donjon-SMIT salvage team lifted the bow section to the surface of the water and transported it by barge on Saturday to the Modern American Recycling Services, Inc. (M.A.R.S.) facility in Houma, La.
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.
Shell said on Friday it expects an offshore transfer facility, which was shut due to damage from Hurricane Ida, to be operational in the first half of November, restarting production of a popular Gulf of Mexico crude grade earlier than expected.The oil major was the hardest-hit producer from Ida, which tore through the Gulf of Mexico in August and removed 28 million barrels from the market.
The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude terminal, said on Friday it made no deliveries of sour crude from storage last month, following two storms that hit the U.S. Gulf Coast.The facility closed on August 28 ahead of Hurricane Ida, which damaged production and processing facilities in the U.S.
The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude terminal, has fully reopened its marine operations for imports and exports, a spokesperson said on Friday.The facility closed on Aug. 28 ahead of Hurricane Ida, which caused extensive damages to U.S. Gulf of Mexico oil production and processing. More than two-thirds of oil production was shut-in on Friday.
Teekay's Petrojarl Banff FPSO completed its final voyage on May 8, 2021, and is now moored alongside the Modern American Recycling Services Europe A/S (MARS) quayside in Frederikshavn, Denmark in preparation for recycling.The decommissioned FPSO, which ceased production in the U.K. North Sea in 2020, had been moored at Kishorn Port on the northwest coast of Scotland since September 2020.