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March 19, 2010         





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Central GOM Lease Sale 213 Results
3/19/2010 12:29:38 AM
Central Gulf of Mexico Oil and Gas Lease Sale 213, held on March 17 in New Orleans, attracted $949,265,959 in high bids.  The sale was conducted by Interior’s Minerals Management Service (MMS) and had 77 companies submitting 642 bids on 468 tracts comprising over 2.4 million acres offshore Louisiana, Mississippi and Alabama...

Topaz Announces $65M Profit for 2009
3/18/2010 1:54:02 AM
Topaz Energy and Marine announced its audited financial results for 2009. Topaz posted revenue of $448 million, EBITDA of $ 127 million and Net Profit of $ 65 million demonstrating year on year growth of 7%, 14% and 38% respectively. The growth in these difficult times clearly demonstrates a resilience that sets Topaz apart from many of its peers...

Statoil Initial Public Offering
3/18/2010 1:36:45 AM
Statoil's Board of Directors (OSE: STL, NYSE: STO) has decided to start a process to list its energy and retail business on the Oslo Stock Exchange. Further to the announcement made on the 3rd of February 2010, Statoil's Board of Directors has approved the proposal to create a stand-alone Energy &...

Bids Received, Central GOM Lease Sale
3/17/2010 10:49:46 AM
The offshore energy industry continues to show interest in the Gulf of Mexico’s Outer Continental Shelf, with 67 companies submitting 642 bids on 468 tracts that are being offered offshore Louisiana, Mississippi, and Alabama in tomorrow’s Minerals Management Service Central Gulf Sale 213...

Statoil Fast Tracks Projects
3/16/2010 7:26:44 PM
“Our ambition on certain fields on the Norwegian continental shelf is to halve the time from discovery to production,” said Ståle Tungesvik, head of reserves and business development in Statoil.

Speeding up the development time is an important way of realizing Statoil’s...

Offshore Solutions’ OAS, 1000 Connections
3/15/2010 11:18:23 PM
Offshore Solutions B.V. (OSBV) reported that the OAS, mounted onboard the GDF SUEZ E&P Nederland B.V. (GSEPN) chartered vessel, REM Mermaid, has achieved over 1,000 operational connections without any LTIs. An OAS is a heave compensated telescopic gangway, enabling the safe transfer of personnel...

Bergen Oilfield Services Extends Veripos Contract
3/15/2010 11:17:51 PM
Veripos has been awarded an extension to its existing master services contract with Bergen Oilfield Services (BOS), one of Norway’s seismic survey contractors operating worldwide. The extended contract covers continuing supply of a range of positioning services and equipment for BOS’s three...

Jack-Up Crane Vessels, Wärtsilä-IMS Design
3/12/2010 10:33:16 AM
Wärtsilä, in consortium with IMS Ingenieurgesellschaft mbH, has been engaged by RWE Innogy, the renewable energy arm of the German utility company RWE, as its designer to provide the basic design and consultancy services for a jack up crane vessel. Two such vessels with GL class-approval have...

Prelude Floating LNG Facility
3/12/2010 10:32:12 AM
Shell signed two contracts with the Technip and Samsung Heavy Industries consortium for the Prelude floating liquefied natural gas (LNG) project off the coast of Western Australia. These contracts formalize the announcement made by Shell in October 2009 that Prelude is in the engineering and design phase of development...

Statoil, GAC Sign World-Wide Agency Contract
3/10/2010 12:18:22 AM
Major energy group Statoil has appointed GAC to provide hub agency services covering all ports outside of Norway effective from 2010. The contract extends GAC’s long-standing relationship with Statoil through GAC Norway since the 1980s.

Another key contributing factor was GAC’s...

MMS Completes Cape Wind Assessment
3/9/2010 12:42:06 AM
The Minerals Management Service (MMS) issued a notice stating that it has completed its Environmental Assessment (EA) and Finding of No New Significant Impact (FONNSI) regarding the proposed Cape Wind offshore wind farm. The documents state that no new information was found that would necessitate a reanalysis...

Transocean Ultra-Deepwater Drillship Contract
3/9/2010 12:39:03 AM
Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Dhirubhai Deepwater KG2, which is owned by a joint venture with Pacific Drilling Limited, has commenced operations for Reliance Industries in India under a five-year drilling contract.

The dynamically positioned...

OMSA: New Offshore Oil & Gas Areas
3/5/2010 2:35:27 PM
OMSA released the following statement in reaction to the administration plan to unveil new offshore oil and gas areas:

As the association representing the owners and operators of the offshore supply vessels that support offshore exploration, development and production, we are looking forward...

Bourbon, Schilling Robotics ROV Design
3/3/2010 10:30:30 AM
Bourbon Subsea Services and Schilling Robotics have combined their expertise and experience to develop a new generation of ROVs (submarine robots) for the Inspection, Maintenance and Repair of offshore fields, market segment supported by the need for regular maintenance of the existing subsea infrastructures on fields currently in operation...

Cathelco ICCP for Concept Jack-Up
3/1/2010 1:38:39 PM
Cathelco is supplying an ICCP hull corrosion protection system for a new type of jack-up vessel which is being constructed for Master Marine of Norway who specialize in the transport and installation of heavy structures for the offshore energy industry.

The vessel, known as Service Jack 2,...

NOAA Meetings Arctic Oil & Gas Activities
2/24/2010 10:59:06 PM
The National Oceanic and Atmospheric Administration (NOAA) will conduct five scoping meetings to receive public comments on its planned environmental impact statement on the effects of oil and gas activities in the Arctic Ocean. Meeting will be held in Wainwright (March 9); Barrow (March 10); Nuiqsut...

NOIA, Virginia Support Offshore Development
2/24/2010 10:50:01 PM
The National Ocean Industries Association (NOIA) President Tom Fry issued the following statement on Feb. 23 in response to the Virginia State Senate’s passage of a Virginia State House Bill supporting energy development off the State’s Coast:

“The National Ocean Industries...

Offshore Wind Demo Project
2/23/2010 10:37:34 PM
The U.S. Army Corps of Engineers (USACE) issued a notice stating that it intends to prepare a draft environmental impact statement for the proposed Duke Energy Carolinas, LLC Offshore Wind Demonstration Project for construction of up to three power generating wind turbines within Pamlico Sound, Dare County, North Carolina...

Proposed Alaska OCS Exploration Findings
2/23/2010 12:31:28 AM
The Minerals Management Service (MMS) issued a notice announcing the availability of two Environmental Assessments (EAs) and associated Findings of No Significant Impact (FONSIs) for oil and gas exploration activities proposed on the Alaska outer continental shelf (OCS). 75 Fed. Reg. 7515 (February 19, 2010)...

Effect of Tax Verdict on Odfjell
2/18/2010 9:26:44 PM
On Feb. 12, the Norwegian Supreme Court awarded in favor of the shipping companies that the retroactive tax imposed in 2007 for the years 1996-2006 was in breach of the Norwegian Constitution.
 
The effect for Odfjell will be an increase in the equity of about $110m, including refund of about $27m already paid taxes and interest...

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Central GOM Lease Sale 213 Results Mar 19 2010 12:29AM

EU NAVFOR Transfers Suspected Pirates Mar 19 2010 12:29AM

Ireland to Modernize Maritime Administration Mar 19 2010 12:28AM

Pirates Attack EU NAVFOR Warship Mar 19 2010 12:28AM

OSX Brasil Slashes Public Offering Mar 19 2010 12:27AM

Wärtsilä Selected Best Supplier by CNOOC Mar 19 2010 12:26AM

T&T Bisso Refloats Sunken Tug Mar 19 2010 12:25AM

Viking Prospers Despite Tough Conditions Mar 19 2010 12:25AM

Brunswick Introduces Largest Justice Model Mar 19 2010 12:24AM

Port Dolphin Energy, Port Manatee $30M Deal Mar 19 2010 12:23AM

Kvichak Delivers Debris Removal Vessel Mar 19 2010 12:22AM

Titan Completes Crane Removal, Port-au-Prince Mar 19 2010 12:21AM

This Day in Coast Guard History – March 19 Mar 19 2010 12:18AM

This Day in Naval History – March 19 Mar 19 2010 12:17AM

Topaz Announces $65M Profit for 2009 Mar 18 2010 1:54AM

Rolls-Royce Promas Lite for Carnival Glory Mar 18 2010 1:53AM

Bourbon 2009 Financial Results Mar 18 2010 1:51AM

MMWC Propeller Arresters Mar 18 2010 1:46AM

Bourbon 2009 Financial Results Mar 18 2010 1:44AM

Record-Breaking Profits for Rafael in 2009 Mar 18 2010 1:39AM

Tsakos Q4 & 2009 Results Mar 18 2010 1:38AM

Pfeifer VP of Business Dev, Marine Travelift Mar 18 2010 1:37AM

Statoil Initial Public Offering Mar 18 2010 1:36AM

HB Rentals Supplies Shenzi Platform Mar 18 2010 1:35AM

Sorensen MCP Managing Director, Americas Mar 18 2010 1:34AM

Korean Register Breaks Ground in Busan Mar 18 2010 1:33AM

Polar Tankers to Pay $588K for 2004 Spill Mar 18 2010 1:33AM

This Day in Coast Guard History – March 18 Mar 18 2010 1:32AM

This Day in Naval History – March 18 Mar 18 2010 1:31AM

Bids Received, Central GOM Lease Sale Mar 17 2010 10:49AM

MAN Diesel L27/38 Engine for Tugs Mar 16 2010 7:28PM

Statoil Fast Tracks Projects Mar 16 2010 7:26PM

U.S., Canadian Coast Guard Oil Spill Exercise Mar 16 2010 7:25PM

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