Sourced with Permian Basin crude oil, Buckeye Partners LP on Thursday loaded the first vessel for export at its new South Texas Gateway (STG) terminal in Ingleside, TX. The start of operations at the terminal, located at the mouth of the Corpus Christi Ship Channel, follows first deliveries of crude in June from one of…
Articles from Vessel
Companies with some extensive marine and liquefied natural gas (LNG) expertise have joined in an effort to provide LNG as a maritime fuel globally, the three companies announced Thursday. They said the goal is to make LNG the “marine fuel of choice.”
The supply of vessels for U.S. offshore drilling has led to a surplus following several years of new construction, which in turn has cut into the dayrates, but healthy commodity prices should keep the credit profiles stable for at least another year, according to a report by Standard & Poor’s Ratings Services (S&P).
The grounding of Royal Dutch Shell plc's Mobile Offshore Drilling Unit Kulluk on the eastern coast of Sitkalidak Island, Alaska, in late December 2012 was mainly due to a failure of personnel to assess and manage the risks of towing the rig in heavy seas, the U.S. Coast Guard (USCG) said in a report on the incident issued Thursday.
One of three leaks from a ruptured oil well in the Gulf of Mexico (GOM) has been sealed and a containment vessel was en route Wednesday to the spill site. Meanwhile, weather conditions are still favoring the efforts of responders.
Vessel operators in the Gulf of Mexico (GOM) who seek storm shelter at the Port of New Orleans were advised Tuesday by the U.S. Coast Guard that the Inner Harbor Navigation Canal, the area of the Harvey Canal between the Lapalco Bridge and Algiers Alternate Route and the Algiers Canal will not be open as a safe haven during the 2009 hurricane season.
Trunkline LNG said the Calcasieu Ship Channel and Industrial Canal were cleared for vessel transit to its LNG receiving terminal at Lake Charles, LA effective Monday. Users of the ship channel can obtain current information from the Lake Charles Pilots at (337) 436-0372, Trunkline LNG said.
The Uncle John semi-submersible drilling vessel will enter the Gulf of Mexico later this month to embark on a 35-day mission to test drilling through methane hydrates with two pairs of deep wells. Methane hydrate, which is called the “ice that burns” because it releases a flammable gas when it melts, may represent up to 200,000 Tcf of natural gas, according to the DOE’s Office of Fossil Energy. But the industry is years away from understanding how to tap the resource.
The Uncle John semi-submersible drilling vessel will enter the Gulf of Mexico later this month to embark on a 35-day mission to map out methane hydrates with two pairs of deep wells. Methane hydrate, which is called the “ice that burns” because it releases a flammable gas when it melts, may represent up to 200,000 Tcf of natural gas, according to the DOE’s Office of Fossil Energy.