Offshore energy insurance has, to a large degree, been based upon the traditional principles and practices established in the marine insurance market. Offshore platform-design 1. WELCOME PRESENTATION ON OFFSHORE PLATFORM DESIGN07/30/2003 OFFSHORE PLATFORM DESIGN. Blog-Blog-2D Imaging Sonar Selected by National University of Singapore’s Bumblebee AUV Robotics. A & B Welding, Specialists in all Alloy and Carbon Steel Piping and Welding A&P Group, Marine Engineering and Fabrication for the. Deepwater News. Baltic Index Continues Slide Across All Segments. The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Friday for the 1. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 2. Feb. The capesize index lost 5. Average daily earnings for capesizes, which typically transport 1. Offshore Structures Presentation 1. WELCOME <ul><li>PRESENTATION ON </li></ul><ul><li>OFFSHORE PLATFORM DESIGN </li></ul> 2. Deepwater News: BW Offshore CEO Sees Signs Of Recovery, Baltic Index Continues Slide Across All Segments, VLCC Rates Steady Ahead Of Possible Rebound, FPSO To. Shell Lifts 'force majeure' for Forcados Liftings. Royal Dutch Shell lifted force majeure on exports of Nigeria's Forcados crude oil, a spokeswoman said on Wednesday. Meek succeeds Bruno Faure (Technip. FMC), who has stepped down as president of IMCA after completing his two- year term of office, in accordance with the association’s constitution. Faure remains on the board of the association. Iain Grainger, vice president commercial at Mc. Dermott International Inc. LNG Sellers, Asian Buyers Spar Over Contract Terms. A spat brewing between Qatar, the world's No. LNG), and its biggest customers in Japan underscores rising tensions between buyers and sellers of the super- chilled fuel as a supply glut unbalances the market. Importers of LNG having been pushing for greater benefits amid the surplus, signing new, cheaper contracts that give them more flexible terms, while exporters try to preserve long- term supply deals written in their favour during tighter markets. Qatar LNG Not Affected by Arab States Tension - Exxon. Exxon Mobil Corp said on Tuesday that production and exports of liquefied natural gas from Qatar have not been affected by rising diplomatic tensions in the Middle East. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt on Monday cut ties with Qatar, accusing the country of supporting extremism. Qatar denies the allegations. The growing diplomatic rift has raised concerns about global access to Qatar's LNG, especially after some regional ports in the Persian Gulf said they would not accept Qatari- flagged vessels. Commodities traders have grown concerned Qatar's LNG could be barred from Saudi Arabia or from traversing Egypt's Suez Canal, though so far no limitations have been imposed. Global Marine Group Keeping Busy in 2. Offshore engineering firm the Global Marine Group (GMG) reported a busy first five months of 2. The company said all key assets from the GMG fleet are currently mobilized, either supporting maintenance zone agreements around the world, or on installation, maintenance or repair contracts. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 2. Feb. The capesize index lost 8. Average daily earnings for capesizes. With the addition of Marubeni, the SEA\LNG coalition bolsters its efforts to drive forward LNG as a marine fuel, and to progress its vital role as a viable solution in the energy transition within shipping. Since its launch in July 2. SEA\LNG’s membership has quickly grown from 1. Soil characterization and pipe- soil interaction assessment are therefore important parts of any pipeline project. DNV GL now launches a new recommended practice (RP), DNVGL- RP- F1. Lines (MOL) is exploring the possibilities to generate power from liquefied natural gas (LNG) aboard ships as a low- cost, environmentally friendly alternative to land- based plants. According to a report on Nikkei, MOL is looking to supply LNG to ship- based power generators to create electricity, delivering this to shore using underwater cables. This is a cheaper alternative to building shore- based power plants and could have particular appeal in emerging markets, Nikkei says. Compared with power plants on land, site acquisition and other initial costs can be kept low. Energean Signs First Deal to Supply Gas to Israel. Greek developer Energean Oil & Gas has secured its first gas supply deals for Israel's Karish and Tanin reservoirs, Reuters reported. The deals were signed with Dalia Power, which operates Israel's largest private power station, and Or Power, which is planning to build new power plants, Energean said in a statement. The two firms will be purchasing an overall amount of up to 2. Dalia power plant – Israel's largest private power station – as well as future such facilities to be built by Or, the partners announced on Sunday. IMO Workshops on Fouling. Biofouling – the build- up of aquatic organisms on a ship’s underwater hull and structures – was again on the agenda at the latest in a series of International Maritime Organization (IMO) workshops. The regional workshop in Accra, Ghana (2. May) was attended by participants from nine countries (Cabo Verde, Equatorial Guinea, Gambia, Ghana, Guinea Bissau, Liberia, Nigeria, Sao Tome & Principe and Sierra Leone). Participants gained a greater understanding of the requirements and implications of ratifying, implementing and enforcing the anti- fouling systems (AFS) convention and implementing biofouling guidelines. The AFS convention regulates anti- fouling systems in order to prevent adverse impacts from the use of anti- fouling systems and the biocides they may contain. Global Maritime Makes Two Hires in Asia Pacific. Global Maritime, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has made two important hires to support its Asia Pacific (APAC) operations. Mei Ling Chan has been appointed as Regional Finance Manager for APAC where she will take responsibility for finance functions and reporting across the region; and Leong Weng Yoon has been named Global Maritime’s new HSEQ Manager for APAC. Leong Weng Yoon’s appointment reaffirms Global Maritime’s commitment to the highest health, safety, environmental and quality standards across its operations. Baltic Index Falls to Lowest Since Early March. The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, on Thursday fell to its lowest since early March as demand slowed across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 1. The capesize index lost 5. Average daily earnings for capesizes, which typically transport 1. Freight Recovery Spurs Diesel Demand. U. S. The tonnage of freight moved by road, rail, barge, pipeline and air cargo has been increasing year on year since October, after stagnating for much of 2. SDLAJ). Freight movements hit a new record in February, before slipping slightly in March, according to the U. S. Bureau of Transportation Statistics (http: //tmsnrt. TVx. 58). Most freight is hauled by equipment that uses diesel engines, or jet turbines in the case of air cargo. Petrobras Sees Higher Oil Exports as Presalt Fields Develop. Brazilian government- controlled Petroleo Brasileiro SA expects higher oil exports this year than initial projections, Guilherme Fran. Petrobras expects oil exports to reach 7. Fran. In March, Fran. That estimate has now been revised to 5. China is the company's main client, accounting for 5. Petrobras's exports in the first quarter. Seadrill Names Dibowitz CEOOslo- listed rig firm Seadrill named a new chief executive from within its own ranks on Wednesday and said its talks to restructure $1. Once the world's most valuable rig firm, Seadrill's business was hard hit when oil companies sharply cut investments and exploration in the wake of a 2. Anton Dibowitz, current chief commercial officer, will take the top job from July 1, succeeding Per Wullf who will remain a board director, the company said. Dibowitz, a U. S. Italian Maritime Robotics Expert Bags DNV GL Award. Marco Bibuli was announced as the winner of the DNV GL COMPIT Award 2. Cardiff this year. The Italian maritime robotics expert, working at the Italian research center CNR- ISSIA in Genova, was honored for his work on team- capable smart robots. OPEC Set to Prolong Oil Cuts. OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer group meets this week to debate how to tackle a global glut of crude. OPEC's de facto leader, Saudi Arabia, favours extending the output curbs by nine months rather than the initially planned six months, as it seeks to speed up market rebalancing and prevent oil prices from sliding back below $5. On Monday, Saudi Energy Minister Khalid al- Falih won support from OPEC's second- biggest and fastest- growing producer. The Quad 2. 04 project in the western Shetland region, also knows as Schiehallion, is expected to ramp up production throughout 2. BP said in a statement. The Schiehallion field was first developed in the mid- 1. The 4. 4 billion pound project, which was sanctioned in 2. The upgrade includes the construction of a giant floating. According to JV agreement, both companies are jointly incorporating a company in Singapore known as Allianz Radiance (ARPL). ARPL has been incorporated on the same date. AOME is a company incorporated in Saint Vincent and The Grenadines. Under the terms of the JV Agreement, COM and AOME respectively will hold 5. ARPL, making ARPL as indirect subsidiary of the Company. Innovative Subsea Crane Ordered for RSV Conversion. Brazilian ship owning company CBO’s vessel CBO Manoella is currently being retrofitted from an offshore platform supply vessel (PSV) into a ROV Support Vessel (RSV). As part of the conversion project, CBO has assigned Rolls- Royce to equip the vessel with a new patented hybrid dual draglink (DDC) subsea crane, marking the first installation of a subsea crane designed to be able to use either fiber or steel wire rope. Marcelo Martins, CBO, Technical Director said, “This is one of two vessels CBO is now retrofitting from PSVs to RSVs. Charter rates are still falling, still sliding. I'm not sure where the bottom is. Break even costs for a VLCC are around $2. Frontline. The New Offshore Reality.
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