McDermott International, Inc., a leading international energy services company, and Shelfproekstroi, the principal marine contractor in the Republic of Azerbaijan, have formed a joint venture called Macshelf Ltd. Each of the partners holds 50 percent of Macshelf, which is headquartered in London.
The function of the joint venture is to perform engineering feasibility studies for oil and gas developments, to promote the export of steel components from Shelfproekstroi's modern fabrication yards on the Caspian Sea and to market Shelfproekstroi's design and construction services.
A second joint venture being supported by Macshelf Ltd. will involve the fabrication and installation of offshore structures, with its headquarters in Shelfproekstroi's facilities southwest of Baku, Azerbaijan.
Shelfproekstroi is the leading marine fabrication and installation contractor serving the offshore oil and gas industry in the Caspian Sea region.
OCS. All three areas – the Eastern Gulf of Mexico, the Pacific OCS and the Atlantic OCS – are currently almost entirely off-limits to offshore oil and gas development but could be included in the federal government’s next five-year leasing program. If the federal government begins holding lease sales in
in coal production, natural gas distribution, inland marine transportation and oil and gas distribution, inland marine transportation and oil and gas development. For the nine months ended September 30, 1984, Eastern's revenues totaled $1.0 billion and net income was $51.5 million. HNG owns the
Inc. All three areas – the Eastern Gulf of Mexico, the Pacific OCS and the Atlantic OCS – are currently almost entirely off-limits to offshore oil and gas development but could be included in the federal government’s next five-year leasing program. If the federal government begins holding lease sales in
by the University of New Orleans on the "Economic Future of the Gulf South." Noting the Louisiana Gulf was the birthplace of offshore oil and gas development more than 30 years ago, Mr. Howson said: "Normally, when an area has been developed for 30 years you would expect the oil and
The National Academy of Engineering recently released its study of "Safety and Offshore Oil." This document was commissioned by the U.S. Geological Survey and the U.S. Coast Guard in response to a provision of the OCS Lands Act Amendments of 1978. In June, 1979, the Geological Survey requested
Paul L. Kelly, vice president- industry & government relations, for the Rowan Companies, Inc. Pro-Leasing is an advocacy program to promote oil and gas development on America's Outer Continental Shelf (OCS). It seeks to enhance public understanding of the reasons to lease the OCS and unlock its needed
and is positioned to prosper. On the flip side, the abundance of cheap oil and gas found onshore is starting to have an impact on offshore oil and gas developments, as the oil majors are digesting rapidly rising production and crewing costs and slashing E&P expenditure. Jim McCaul, our long-time editorial
current administration has also refused to endorse a revenue sharing plan for Alaska. The Gulf of Mexico states that participate in offshore oil and gas development (the only other place in the U.S. currently open for offshore leasing) have a revenue sharing program allowing both the Federal and state
are too big to ignore. The EIA estimates that world shale gas resources total 7299 Tcf – 32% of world natural gas resources Shale/tight oil and gas development ultimately competes with deepwater for investment resources. These resources are finite – and energy companies will channel their investment
achievements in the upstream oil and gas industry over the past four decades. The ability to produce in deepwater has opened a new frontier in oil and gas development – and has generated a huge business base for suppliers of floating production systems Types of Floating Production Systems There are
finalize its next offshore leasing program, which will specify exactly which parts of the United States’ Outer Continental Shelf will be open to oil and gas development between 2017 and 2022. Having already cut the Atlantic from its proposed program back in March, the smoke signals coming from Washington
.S. Navy, NOAA, and vari- MacGregor, part of Cargotec, com- pleted the construction of FibreTrac, the the most signi? cant cost-saving advan- ous offshore oil installations. All equip- ? rst ? ber-rope offshore crane to enter the tages seen in decades. FibreTrac is able ment is manufactured in the U.S
former Second Lady of Scrubber Delivered tric Boat. More than 10,000 shipbuilders from the United States and the ship’s sponsor, The very large crude oil carrier (VLCC) The submarine is the second ship to be Newport News and Electric Boat have during a ceremony in October 2018. Tanzawa, the ? rst
nm in and ity and cost effectiveness to the bene? t pair of FCS 3307 high-spec include Damen’s trademark Axe Bow around Nigeria’s coastal and offshore oil of Homeland’s clients. The decks allow patrol vessels to be operated hull form that is designed to deliver ex- ? elds. The security packages installed
14 ft./4.25 m sel built for the operator by Richardson Devine Construction Marine grade aluminium Marine. The 500-passenger, 35 knot vessel fea- Fuel Oil 4914 gallons / 18 600 liters tures the operator’s trademark parallel boarding Fuel Oil (Day tanks) 1057 gallons / 4 000 liters system, whereby ?
Laza- rev, a prominent Russian admiral and explorer known for his discovery of Antarctica. The tanker was ordered by Sovcom? ot to transport crude oil for the Novy Port project, under a long-term agreement between Sovcom? ot and Gazprom Neft. The ceremony was attended by Oleg Melnikov, Vice-Gov- ernor
M MARITIME MEDICAL CREW CARE “Medical care has to be managed by medical professional companies to ensure that cases are handled in the most ap- propriate way, crew members get highest quality of medical care at the most reasonable price. Additional requirements of GDPR put even additional pressure to
M MARITIME MEDICAL CREW CARE Crew Care: Managing Mariner Medical Care By Joe Keefe he competent authority shall as the population on shore enjoys. But, the embarking any mariner, a trusted 2012. There are several key aspects to require that, prior to begin- that’s not always the case. In case of
Plug-In Hybrid for CEMS applications where condensed wa- ExxonMobil is supplying Mobilgard ter is not present in the ? ue gas. Consisting ADL 40 engine oil for Color Hybrid, Color of a stack-mounted probe and separate con- Line’s latest addition to its ? eet of ferries. trol unit, 4650-PM’s forward scattering
E EMISSION REDUCTION TECH FILES Schottel Propulsion for Emission-Free Push Boat The agreement between Wärtsilä and Norsepower will pro- mote the use of Rotor Sails & support sustainable shipping. Wärtsilä, Norsepower Sign Agreement The technology group Wärtsilä and Norsepower, a provider of low maintenance
E EMISSION REDUCTION SCRUBBERS the exhaust gases before they are dis- nance downtime, and offers numerous tractive capital and operational costs. offering exceptional ? exibility and the charged into the atmosphere, allowing a bene? ts including a customized ? exible The ENVI-Marine system really
are switching to more expensive than HSFO, the poten- levels of re? ning required for LSFO and While the car’s emissions were lower low sulfur fuel oil (LSFO), but this will tial savings (i.e. savings gained from other distillates (such an upgrade would in GHGs, once the full production pro- mean
S SHIPMANAGEMENT FLAG “As a shipping company that is part of an oil company, our pri- mary role is managing marine risk, our secondary role is trans- porting oil.” Steve Herron, GM of Fleet Operations, Chevron Shipping Photo: Chevron and develop. A certain trust has devel- tal regulations adopted by the
ron Shipping. shaping global regulations at the Inter- Cand more, shipowners are de- ping companies make decisions that lead The business of transporting oil for national Maritime Organization (IMO), manding high levels of standards from to long-term success. Low taxes and low Chevron is not motivated
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lift vessel (launched as a kind of positioning. leading the ELICAN consortium which ening, as well as modi? cations to the ‘Swiss army knife’ for the oil industry The slip joint connection was designed has designed and installed a 5MW pro- tank arrangement to enhance the proba- during its boom in 2013)
OFFSHORE WIND THE INSTALLATION FLEET key dimensions when installing larger to retro? t a crane, and it really is a head- Some are investing. ? rm. “They can lift all the components turbines; longer blades and heavier na- ache for wind turbine installation vessels Just four years into entering the off-
ENVIRONMENTAL GREEN SHIP RECYCLING n May 2014 National Geograph- is tremendous pressure from both gov- The Wrong Way to Recycle A Vessels a cash buyer, the new owner will use a ic wrote an in-depth article on ernment regulators and within the ship- To place pressure on both shipowners number of different
every Arctic Urgent requirement provider and operator of the U.S. polar ral resources there,” said Coast Guard nation in key strategic areas, such as oil The Coast Guard’s icebreaking ? eet capable ? eet but currently does not have Vice Commandant Adm. Robert Ray, and gas development, ports, railways
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WORKBOATS SOUTHERN TOWING COMPANY Are the Z-drives as robust as conven- off the exterior edges of the propeller. you have more of an effect on slowing awesome, it is just a phenomenal orga- tional? No. But life is a compromise and You can have a cort nozzle that solves down the vessel at 90 degrees than
WORKBOATS SOUTHERN TOWING COMPANY Photos: ZF/Martin Meissner Career development. Opportunity and investing in the Statistics.” In short it says is you can make statistics say boats at the 11:30 watch change so that we can have as people. And we have gone way out of our way to put whatever you want.
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Financiers also note the overhang of commodations with its lenders. Its daily region for jack-ups again.” utilization and dayrates. The marketed older oil service vessels in the market- business will continue while discussions Privately held Edison Chouest, ac- utilization for both jackups and ? oaters