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Subsea capex of $145 billion predicted for 2015-2019

Subsea capex of $145 billion predicted for 2015-2019 | Offshore Australia | Scoop.it
Douglas-Westwood forecasts global subsea hardware capex will total $145 billion between 2015 and 2019. 
Offshore Australia's insight:

Douglas-Westwood forecasts global subsea hardware capex will total $145 billion between 2015 and 2019. This would be 27% above the preceding five-year period

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Onshore Power Supply

Onshore Power Supply | Offshore Australia | Scoop.it

About 30 ports worldwide offer OPS of which 14 in Europe and nine in the United States of America and Canada, and Asia is currently making a leap forward, about 300 vessels have OPS connection possibilities, among the several cruise vessels of the Holland America Line.

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ABS to class first LNT A-BOX LNG carrier

ABS to class first LNT A-BOX LNG carrier | Offshore Australia | Scoop.it
ABS to class first LNT A-BOX LNG carrier
Offshore Australia's insight:

"From the beginning the aim was to develop a simple and cost effective LNG containment system that could enable new shipyards especially those in China to build mid-sized LNG carriers," says LNT Managing Director Kjetil Sjolie Strand.

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Bordelon Marine adds Ultra-Light Intervention Vessel

Bordelon Marine adds Ultra-Light Intervention Vessel | Offshore Australia | Scoop.it
MAY 26, 2015—Bordelon Marine, Lockport, LA, has taken delivery of the DP2 Ultra-Light Intervention Vessel Shelia Bordelon from the company’s shipyard...
Offshore Australia's insight:

anyone know why they call it ultra light?

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▶ ECO FLETTNER - a sailing machine - YouTube

I studied the magnus effect and then built a rotor ship to test the effects. I tested different sail heights and found that the higher the height of the sail...
Offshore Australia's insight:

great little video of a technology invented in 1927!

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'More FPSO awards due in 2015’

'More FPSO awards due in 2015’ | Offshore Australia | Scoop.it
At least five more floating production, storage and offloading vessel contract awards are expected to be awarded globally this year, according to a senior executive at floater giant SBM Offshore.
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Image of the Day: Special Welcome for CMA CGM Kerguelen

Image of the Day: Special Welcome for CMA CGM Kerguelen | Offshore Australia | Scoop.it
Offshore Australia's insight:

With a length of 1,305 ft. (398m) and a width of 177 ft. (54m), the CMA CGM KERGUELEN is CMA CGM Group’s largest containership.

This gigantic vessel, has a 17,722 TEU capacity: all containers aligned would cover the distance between London and Southampton

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Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)

EIA forecasts that Brent crude oil prices will average $59/bbl in 2015 and $75/bbl in 2016, both unchanged from last month's STEO.
Offshore Australia's insight:

Obama's crystal ball

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Bibby Subsea contracts for HD ROVs - Offshore Shipping Online

Capable of operating at depths of up to 3,000m, the ROVs will be working in the Gulf of Mexico on Bibby Subsea’s new US-flagged, Jones Act compliant vessel, Brandon Bordelon.
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Marine Platforms

Marine Platforms Limited (MPL) is an indigenous Nigerian Company offering diverse Oil and Gas Services in strategic alliance with reliable and proven Technical Partners.
Offshore Australia's insight:

www.marineplatforms.com

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Falklands oil exploration stalled amid falling oil price

Falklands oil exploration stalled amid falling oil price | Offshore Australia | Scoop.it
They will continue their operations in other parts of the region, but need "disciplined capital management in the current oil price environment".
Offshore Australia's insight:

In other words "canning the expensive wells and only focussing on the "cheaper" to drill ones in the region

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Image of the Day: Kleven’s Newbuilds Test Their Mettle

Image of the Day: Kleven’s Newbuilds Test Their Mettle | Offshore Australia | Scoop.it
The 126-meter long Gran Canyon II is owned by Norwegian Volstad Maritime and can accommodate 104 persons.
The 4500 DWT ship Olympic Bibby is owned by Bibby Offshore
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DNV GL Unveils Its Unmanned FLNG Concept

DNV GL Unveils Its Unmanned FLNG Concept | Offshore Australia | Scoop.it
Offshore Australia's insight:

Planning for Browse Australia???

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Broker says most owners "still downbeat" - Offshore Shipping Online

"The reality being faced by owners is a market where the reduction in commodity prices and associated decrease in offshore activity has left a significant over-supply of vessels," said Seabrokers.

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Ulstein unveils the X-Stern Extender

Ulstein unveils the X-Stern Extender | Offshore Australia | Scoop.it
Ulstein unveils the X-Stern Extender
Offshore Australia's insight:

interesting, greater workability that doesnt add to the GT of the vessel, so in future build a smaller vessel and add extenders and save money on harbour dues and pilotage fees, maybe not?

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Big Oil's Fear: A Price Shock After $114 Billion of Cuts | Commodities | Bloomberg Professional

Big Oil's Fear: A Price Shock After $114 Billion of Cuts | Commodities | Bloomberg Professional | Offshore Australia | Scoop.it
As the oil patch grows accustomed to a new world of $50 to $60 a barrel crude, it’s now looking ahead to a different but equally daunting sort of cliff.
Offshore Australia's insight:

get ready for 500$ per barrel in 2025? anybody taking any wagers?

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Six Countries Continue Search for the MH370

Six Countries Continue Search for the MH370 | Offshore Australia | Scoop.it
Offshore Australia's insight:

This was over a year ago and the result to date is ..........

 

poor poor families,

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New ship fight looms in Tasmania over factory trawler Geelong Star

New ship fight looms in Tasmania over factory trawler Geelong Star | Offshore Australia | Scoop.it
Supporters of a new 95-metre factory fishing trawler call for calm as opposition to the SeaFish Tasmania vessel ramps up.
Offshore Australia's insight:

the argument hasn't changed, just the ship changed, interesting to see with Liberals in power which way it is going to swing this time

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High spec tonnage available as "knock down rates" - Offshore Shipping Online

"The increase in supply also means that a wide range of high spec, modern vessels areavailable for very attractive rates for any term requirements,"
Offshore Australia's insight:

and many more new buildings to arrive in early 2016 that have been committed to and cant be cancelled (yet)

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Bibby secures ship management deal - Offshore Shipping Online

The vessels will initially be operating in Nigeria but will be managed from Aberdeen. Bibby Ship Management has been appointed as the technical and crewing manager for Marine Platform Ltd’s African Vision multi-purpose support vessel; the African Inspiration multi-purpose support vessel; and the platform supply vessel Rem Supplier.
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Wintermar postpones deliveries - Offshore Shipping Online

Offshore Australia's insight:

You wonder who pays for this - the yard , WIntermar or its client?

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Swire Pacific Offshore Cancels Four PSVs at EISA

Swire Pacific Offshore Cancels Four PSVs at EISA | Offshore Australia | Scoop.it
Offshore Australia's insight:

The vessels were ordered in May 2011 as part of the company’s plans to develop its business in Brazil. The first vessel was due for delivery in January 2014 with the remaining vessels at approximately three month intervals thereafter.

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Mercator Lines Seeks Financial Assistance

Mercator Lines Seeks Financial Assistance | Offshore Australia | Scoop.it

Singapore-based dry bulk shipping company Mercator Lines said it has appointed an independent financial advisor to assist it in assessing the impact of the downturn of the dry bulk market.

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