Saturday, March 6, 2021

Oil And Gas Producers News

The next big thing on fuels is LNG. We are a long way from identifying a fuel which offers the same viability, in terms of infrastructure, beyond LNG at the moment. LNG is the necessary bridge which is getting us closer to a carbon neutral future.

Interview: Rolf Stiefel, Winterthur G&D

The May 2019 edition of Maritime Reporter & Engineering News features a 10-page feature section on "Thought Leadership" in the marine power sector. Here we extract and present the interview with Rolf Stiefel, Vice President Sales, Winterthur Gas & Diesel Ltd., in its entirety.Please put in perspective and discuss – using your career as the time span – the current environment and pressure to reduce emissions in the maritime industry.When I started in the marine industry (coming from the power generation markets) back in the early 2000’s…

WinGD X-DF Runs on NG-VOC mix

WinGD and Wärtsilä Gas Systems have tested a NG-VOC (Natural Gas - Volatile Organic Compounds) fuel mix for the WinGD X-DF engine, selected to power two 125 000 dwt Shuttle Tankers for AET. Guests from AET, Statoil, OSM Maritime Group, Samsung Shipyard and Hyundai Heavy Industries-Engine & Machinery Division were on hand in Trieste, Italy, in March, to witness the successful test of a WinGD X-DF engine running on a NG-VOC mix. The test demonstrated the engine’s capabilities under various load scenarios with up to 20% VOC in the fuel ratio.

Hecules Offshore Buy KS Energy Liftboat 'Titan 2'

Hercules Offshore executes a definitive agreement to acquire the liftboat 'Titan 2' from a subsidiary of KS Energy Ltd. The purchase price is $42 million in cash. The Titan 2 is a 280 foot class vessel, constructed in 2008, registered and flagged in Panama, and currently located in Limbe, Cameroon. The Company expects the acquisition to close in early March 2013, subject to completion of certain customary closing conditions. John T. Rynd, Chief Executive Officer and President of Hercules Offshore stated…

Driller's cabin on a Maersk Rig: Photo credit Maersk Drilling

Maersk Drilling Secures Offshore West Africa Contract

Jack-up rig 'Maersk Endurer' contracted for 2-year drill off Cameroon, adding about US$ 100-million to Maersk Drilling's contract backlog. Maersk Drilling expands its activities in West Africa with the signing of a contract for the jack-up Maersk Endurer with Addax Petroleum, owned by Sinopec, which is one of the largest oil and gas producers in the world. The contract duration is two years and the value is around USD 100 million. Expected commencement is late October 2012. “We are pleased to have signed this contract with a very experienced operator in West Africa…

OSV World Forum, Shanghai: Photo credit OSV Forum

Chinese Shipyards Wade In to Offshore Market

The recent Offshore Support Vessel World Forum meeting in Shanghai believes that optimism is returning to global offshore markets. The forum is a platform for oil and gas producers, designers, builders, OSV owners, operators, contractors, classification societies, equipment suppliers and legal/financial service units to discuss and address future opportunities and challenges. The theme of the conference was 'Maximizing commercial opportunities amid OSV market recovery by meeting new technical challenges and regulations'.