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Category Archives: Offshore

Offshore Helicopter Market : What has Covid 19 changed; a statistical evaluation on the market with an objective to make an informed decision -…

Posted: October 20, 2020 at 6:18 pm

The report titled Offshore Helicopter Market has recently added by MarketInsightsReports to get a stronger and effective business outlook. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts. The report covers the impact analysis of the COVID-19 pandemic. The report provides a comprehensive analysis of the impact of the pandemic on the entire industry and provides an overview of a post-COVID-19 market scenario.

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Key players in the global Offshore Helicopters market covered in Chapter 5:, Leonardo SpA, Abu Dhabi Aviation (ADA), Airbus Group SE, Era Group Inc, Textron Inc., PHIInc., Lockheed Martin Corporation, Bristow Group Inc, CHC Group Ltd.

Market Segmentation by Types:

LightMediumHeavy

Market Segmentation by Applications

MilitaryCivil & Commercial

Market segment by Regions/Countries, this report covers

The report provides a detailed breakdown of the market region-wise and categorizes it at various levels. Regional segment analysis displaying regional production volume, consumption volume, revenue, and growth rate from 2020-2026 covers:

Americas (United States, Canada, Mexico, Brazil)APAC (China, Japan, Korea, Southeast Asia, India, Australia)Europe (Germany, France, UK, Italy, Russia, Spain)Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries).

Through the measurable examination, the report delineates the universal Offshore Helicopter Market including limit, generation, creation esteem, cost/benefit, supply/request and worldwide import/send out. The all out market is additionally isolated by organization, by nation, and by application/type for the aggressive scene examination. The report at that point gauges 2020-2026 market improvement patterns of industry. Examination of upstream crude materials, downstream interest, and current market elements is additionally completed. At last, the report makes some significant proposition for another undertaking of Offshore Helicopter Market before assessing its attainability.

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Detailed overview of Offshore Helicopter Market Changing market dynamics of the industry In-depth market segmentation by Type, Application etc Historical, current and projected market size in terms of volume and value Recent industry trends and developments Competitive landscape of Offshore Helicopter Market Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth.

This research report also presents some significant practical oriented case studies which help to understand the subject matter clearly. The Offshore Helicopter research report has been prepared through industry analysis techniques and presented in a professional manner by including effective info-graphics whenever necessary. It helps to gain stability in the businesses as well as to make the rapid developments to achieve a notable remark in the Global market space.

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Offshore Helicopter Market : What has Covid 19 changed; a statistical evaluation on the market with an objective to make an informed decision -...

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The U.S. Shouldnt Be a Sleazy Offshore Principality – The Atlantic

Posted: at 6:18 pm

Applebaum: And what happens when you talk about these issues in the Senate? Can you get colleagues on board? Is there any bipartisan support?

Whitehouse: Yes. Chuck Grassley has been happy to be involved on these issues, Lindsey Graham has spoken positively about my bill and has helped us with hearings. So there is some bipartisan support.

The problem as I see itand I cannot prove this, but I deduce it from the rustling of the leaves and the shadows in the jungleis that the interests who make money off of these schemes fight back quite hard, often through traditional lobbying groups. Some of them got the Chamber of Commerce to oppose our bill. Later, after the chamber backed off, the American Bar Association took a position opposed to the bill. Now we are hearing from the National Federation of Independent Businesses. They talk about the catastrophic burden on small businesses of having to disclose the name, address, and Social Security number of the owner. It takes, like, 30 seconds to fill in that information on a form.

Applebaum: What about the public? Can you get your constituents interested?

Whitehouse: I think constituents have a general sense that there is bad behavior lurking behind creepy shell corporations. They get that criminal activity, terrorist activity, kleptocratic activity, all can be facilitated by having these shell corporations available and other vehicles designed to hide money. But its not top of anyones mind, particularly in the environment we are facing right now.

Also, most people, including both colleagues and constituents, are not aware of the scale of what we are facing. I think that a real clash of civilizations is going on, and I think the clash is essentially binarybetween rule-of-law land and anti-rule-of-law land, between states where the law is still enforced, on the one hand, and the kleptocrats, oligarchs, criminal regimes on the other.

But if you are one of the great thieves and barons of anti-rule-of-law land, you live in fear that a bigger thief and a bigger baron can come and steal everything that youve stolen. So you need to take your wealth and hide it somewhere safe, like Britain or the U.S. Rule-of-law land is indulging and facilitating its rival and its enemy. Thats obviously simplistic, but I think its very real.

Applebaum: Donald Trump and his company have been living for a long time in what you call anti-rule-of-law land. I have worried, ever since he first appeared as a political figure in 201415, that he was going to be a vehicle to bring even more people from this world into U.S. politics.

Whitehouse: I think hes very comfortable with the world of shell corporations and tax avoidance. So not just him, but the other American business interests that operate comfortably in or along the fringes of anti-rule-of-law land have been very unhelpful in our efforts to solve this problem.

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The U.S. Shouldnt Be a Sleazy Offshore Principality - The Atlantic

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Global Offshore Wind Events Market By New Business Developments, Innovations, And Key Companies, Forecast To 2026 Globalmarketers Research – PRnews…

Posted: at 6:18 pm

Global Offshore Wind Events Market Report describes the basic elements of the industry and market stats, the recent advances in technology, business plans, policies, possibilities for development and risks to the sector are being described. The two key segments of the report, namely market revenue in (USD Million) and market size (k MT) are presented in this report. The Scope of Offshore Wind Events industry, market concentration and presence across various region are described in detail.

The prominent Offshore Wind Events industry players are covered in the next section, their business profiles, product information, and market size. Also, the SWOT analysis of these players, business plans & strategies are covered. It covers the product definition, classification, type and price structures.

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Major players covered in this report:

GE Wind EnergySiemens Wind PowerSuzlon GroupVestas Wind Systems A/SNordex SEDong Energy A/SSinovel Wind Group Co., Ltd.Gamesa Corporacion Tecnologica SADonghai BridgeGoldwind Science and Technology Co., Ltd.

Market Segmentation:

By Type:

Gravity Caisson FoundationSingle Pile FoundationTripod Foundation

By Application:

CommercialIndustrialHouseholdOthers

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In this report Offshore Wind Events manufacturing value and growth rate from 2015-2019 will be provided at regional level. The nitty gritty evaluation of segments and sub-segments of emerging industries are clerified. It covers Offshore Wind Events industry plans & policies, financial status, cost structures and analyzes of the value chain. The Offshore Wind Events competitive perspective of the countryside, the production base, the evaluation of the production method and the upstream raw materials are assessed.

The gross margin, consumption pattern, growth rate of Offshore Wind Events is studied precisely. The top industry players are covered on a regional level and country level with the analysis of their revenue share from 2015-2019. Furthermore, forecast Offshore Wind Events industry status is determined by analysis of expected market share, volume, value and development rate. The forecast Offshore Wind Events industry view is presented from 2020-2026.

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Table of Contents:

Global Offshore Wind Events Market Size, Status and Forecast 2026

1 Offshore Wind Events Industry Overview

2 Offshore Wind Events Competition Analysis by Players

3 Company (Top Players) Profiles

4 Global Offshore Wind Events Market Size by Type and Application (2015-2019)

5 United States Offshore Wind Events Development Status and Outlook

6 EU Offshore Wind Events Development Status and Outlook

7 Japan Offshore Wind Events Development Status and Outlook

8 Offshore Wind Events Manufacturing Cost Analysis

9 India Offshore Wind Events Development Status and Outlook

10 Southeast Asia Offshore Wind Events Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2020-2026)

12 Offshore Wind Events Market Dynamics

12.1 Offshore Wind Events Industry News

12.2 Offshore Wind Events Industry Development Challenges

12.3 Offshore Wind Events Industry Development Opportunities (2020-2026)

13 Market Effect Factors Analysis

14 Global Offshore Wind Events Market Forecast (2020-2026)

15 Research Finding/Conclusion

16 Appendix

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Global Offshore Wind Events Market By New Business Developments, Innovations, And Key Companies, Forecast To 2026 Globalmarketers Research - PRnews...

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Shell to resume oil and gas exploration in Alaska Arctic offshore – S&P Global

Posted: September 18, 2020 at 1:06 am

Highlights

To conduct drilling in 2024 and 2025

Company seeks partner to share risks, costs

Prospects near shore area, in benign ice environment

Anchorage Shell plans to resume oil and gas exploration in Alaskan Arctic offshore waters for the first time since 2015, according to exploration plans filed with the state Sept. 17.

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The company seeks state approval to form an exploration unit covering 86,400 acres and 18 Alaska Beaufort Sea state offshore leases held by Shell. The company has committed to seismic and exploration drilling over the next five years in west Harrison Bay, which is in offshore the National Petroleum Reserve-Alaska and 34 miles northwest of the Colville River delta where the onshore Alpine field is now producing.

Shell said it has identified several prospects within the 18-lease group that could hold oil and gas accumulations. The company proposes updating seismic and geological data in 2022 and 2023, and conducting exploration drilling in 2024 and 2025.

The company has identified possible offshore extensions of the Nanushuck and Torok formations, which are productive onshore plays in the Colville River region where ConocoPhillip, Repsol and Oil Search, a company based in Papua, New Guinea, have made discoveries in recent years.

Shell was an active Alaska explorer and producer for decades until it withdrew from the state in 2015 after a costly and unsuccessful exploration program in the Chukchi Sea, an area off the northwest Alaskan Arctic coast.

The western Harrison Bay area, while remote, is in a more benign ice environment than the company faced in other parts of the Beaufort Sea.

Shell acquired the Harrison Bay leases in a 2012 state offshore auction, but the leases are approaching the end of 10-year terms allowed by the state. An exploration unit allows the leases to be extended for five years in return for a definitive timetable for exploration drilling.

The company is seeking a partner to share expenses and risks, it said in its filing.

"Shell had made solid progress toward the partnership objective prior to the COVID-19 pandemic and resulting collapse in oil prices," the company said in its application. "While oil projects on the North Slope remain attractive from the standpoint of geologic potential and the fiscal assumptions that are expected to prevail in the coming decades, the economic uncertainty resulting from the collapse of oil prices has negatively impacted Shell's ability to negotiate a commercial agreement with a potential partner."

Shell could not be reached for comment.

Shell has long had a strategic interest in Alaska.The company in 2013 drilled an offshore exploration north of the Point Thomson field, a large gas and condensate discovery by ExxonMobil and BP that is now producing. In the 1980s Shell also explored the central Beaufort Sea and discovered Northstar, a producing oilfield six miles offshore Prudhoe Bay now owned by independent Hilcorp Energy.

The Chukchi Sea program was extremely costly for Shell. The company spent over $6 billion to acquire leases and conduct exploration over several years, but faced stiff opposition from conservation groups and complications with federal regulatory agencies. After an initial well had disappointing results in 2013 the company shelved the program.

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Shell to resume oil and gas exploration in Alaska Arctic offshore - S&P Global

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Ad aims to keep independent offshore wind plan in mix – SouthCoastToday.com

Posted: at 1:06 am

State has debated decoupling generation, transmission

As lawmakers weigh whether to up the amount of offshore wind power Massachusetts must procure, a Wakefield-based offshore transmission company is making a push for lawmakers to also require the state to solicit bids for independent offshore wind energy transmission.

Teaming up with officials from business and development groups, Anbaric this week launched a new website and began running digital ads to call for "early action on an offshore transmission system to minimize impacts on fisheries and the environment, reduce costs, and achieve decarbonization goals."

"Massachusetts needs transmission infrastructure now that can optimize connections to the grid and efficiently serve multiple wind farms," Stephen Conant, an Anbaric partner and project manager, said. "Unless the industry addresses transmission, offshore wind projects could run into roadblocks on the grid that have caused onshore wind projects to fail and solar energy projects to suffer significant delays."

The Baker administration and Massachusetts utilities have already contracted with two developers Vineyard Wind and Mayflower Wind to generate a cumulative 1,600 megawatts of clean energy from wind farms planned for waters south of Martha's Vineyard and Nantucket. If both projects come to fruition as expected, state officials have said they would provide "approximately 12 percent of total Massachusetts annual energy demand."

Last year, the Department of Energy Resources floated the possibility that Massachusetts could stop soliciting clean energy generation and the transmission of that energy as a single package and instead move forward with a solicitation for a central transmission system that future generation projects would be required to tie into. Having one primary transmission system would have "the potential benefit of minimizing impacts on fisheries, optimizing the transmission grid, and reducing costs," the report concluded.

But in a letter to key lawmakers in late July, DOER said it now recommends that Massachusetts abandon the idea of getting bids for independent offshore wind energy transmission, which was met by stiff opposition from some offshore wind developers. DOER said in July that it had investigated the idea but "finds that the costs and risks of a solicitation for independent offshore wind energy transmission outweigh the potential benefits that could be captured by 1,600 MW of transmission capacity allowed under the Act, and therefore has decided not to require the Massachusetts [electric distribution companies] to pursue such a solicitation at this time."

Anbaric, which has filed a federal application to develop its own offshore wind transmission system, commissioned the Brattle Group to conduct a study of a proposed planned transmission approach to offshore wind for southern New England.

Using a planned transmission approach rather than individual generator lead lines from each offshore project would lead to a 10 percent reduction in overall transmission costs, 49 percent less undersea cable, 40 percent less energy lost in transmission and optimized utilization of each of the limited locations at which offshore wind power can be brought onto shore, the Brattle Group said its report found.

"If we wish to achieve a low-carbon economy by mid-century, then transmission is as important as generation and ought to be considered on its own terms," Eric Hines, a Tufts University structural engineer who designed the Wind Technology Testing Center in Charlestown and has advised the Massachusetts Clean Energy Center on aspects of the New Bedford Marine Commerce Terminal, said.

Massachusetts is on a path towards requiring net-zero carbon emissions by 2050. At the end of July, the House and Senate began conference committee negotiations on major climate policy legislation including each branch's calls for net-zero carbon emissions by 2050.

Both branches of the Legislature have also approved language requiring the executive branch and utility companies to procure even more offshore wind power than the 3,200 megawatts already in the pipeline.

The House unanimously backed an amendment to its climate bill that would boost the state's total authorization to 3,600 MW and also shorten the maximum amount of time between procurements from 24 months to 18 months. Meanwhile, the Senate unanimously adopted an amendment to its economic development bill to direct DOER to procure another 2,800 MW of offshore wind power by 2035, which would bring the state's total authorization to 6 gigawatts.

Anbaric said the procurement of 6 GW of offshore wind power "could result in as many as 15 separate cables from individual wind farms unless action is taken soon to develop transmission separately to connect the full amount of renewable energy to shore."

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Ad aims to keep independent offshore wind plan in mix - SouthCoastToday.com

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Athena Wins HFM Global’s US Award for Best Offshore Governance Firm – Business Wire

Posted: at 1:06 am

GRAND CAYMAN, Cayman Islands--(BUSINESS WIRE)--Athena International Management Limited (Athena) is thrilled to be awarded HFM Globals US Services Award for Best Offshore Governance Firm. These prestigious annual awards recognise excellence amongst US hedge fund service providers across the globe and are rigorously judged by an independent panel of executives at leading US investment funds. This category is the inaugural award for these highly-acclaimed industry accolades which are now in their eleventh year of celebration.

Commenting on the win, announced today at HFM Globals US Leadership Forum, Allison Nolan, Athenas Managing Director, said, In an industry where women are significantly underrepresented, we are extremely honoured that Athena, an all-female founded and all-female led directorship firm, is the first to receive this inaugural award that recognises our exceptional innovation and high-quality service to the alternative investment funds community.

Founded in 2005, Athena was the pioneer of boutique governance firms in the Cayman Islands, offering professional and truly independent directors to the alternative investment funds industry. This year marked the firms 15-year anniversary in providing propriety best-in-class governance solutions to its leading international client base, and the firm demonstrated their commitment to the jurisdiction by unveiling a brand-new logo and website in the first quarter.

This award is a testament to our continued innovation and drive to develop new solutions for our industry, said Nolan. Like many, weve had to adapt our service offering based on these challenging times and the ever-evolving legal and regulatory landscape, and we are proud of our value-add professional services and industry-wide sound practices delivered by our team of experienced independent directors.

Nolan is a frequent speaker at industry events, and is a champion for increasing diversity and inclusion within the hedge funds industry, particularly gender diversity on the board of directors of alternative fund structures. She is an active member of 100 Women in Finance and sits on the Alternative Investment Management Associations Steering Committee for Diversity and Inclusion. She recently spoke on ways hedge fund managers can promote gender diversity within the industry at this years HFM Global Leadership Forum and is writing a book on the subject of female directors and how women are transforming the hedge fund industry, which has been approved for publishing by Forbes in 2021.

To learn more about Athenas award winning fund governance solutions, visit http://www.athena.ky or follow Athena International Management Limited on LinkedIn (www.linkedin.com/company/athena-im/) to stay up-to-date with their latest news and events.

About Athena

Celebrating 15 years in 2020, Athena International Management Limited provides governance solutions to the international alternative investment community. Our experienced professionals serve as directors on the boards of hedge funds, private equity vehicles, advisory boards, fund management companies and structured finance vehicles. We have a breadth of experience in a wide variety of investment structures, including hybrid and complex structures domiciled in jurisdictions such as the Cayman Islands, British Virgin Islands and Delaware. Our experience sets us apart having worked in the alternative investment industry through several global economic cycles. In the ever changing legal and regulatory environment, we help our clients stay ahead of the global regulatory curve in mitigating exposure and enhancing compliance. We are committed to providing an exceptional level of service with the ultimate degree of professionalism, integrity and efficiency, utlising our in-depth knowledge, practical approach and commercial experience to facilitate a high level of client satisfaction. For more information, please visit: http://www.athena.ky.

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Fugro Wins Offshore India Survey – Rigzone

Posted: at 1:06 am

Fugro reported that it has won a three-year contract from India-based Oil and Natural Gas Corp. Limited (ONGC) to provide integrated survey services. In a written statement emailed to Rigzone, the geo-data firm added the award marks the fourth such contract it has won from ONGC in a row.

Being awarded this multi-year contract for the fourth consecutive time demonstrates the value Fugro has brought to Indian offshore and our clients, remarked Remmelt de Jong, Fugros marine site characterization director in the Middle East and India. We are especially proud of the strong relationship we have forged with ONGC and we intend to maintain the exemplary health and safety record we achieved in the three previous contracts, with no major downtime or zero lost time incidents over the last nine years.

Fugro pointed out that work is underway on the most recent contract, which calls for infield development on Indias east and west coasts. The award recipient noted that survey services include:

The Fugro Mapper geophysical survey vessel is mobilized to perform the surveys in up to 328 feet (100 meters) of water, Fugro also stated. The firm added geo-data results from the engineering surveys will yield seabed and subsea insights that will help ONGC to develop offshore infrastructure.

To contact the author, email mveazey@rigzone.com.

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The Drilldown: NL Confederation Building thronged by offshore-oil workers – iPolitics.ca

Posted: at 1:06 am

The Lead

Hundreds of workers from the oil and gas sector, led by Unifor, crowded Newfoundland and Labradors Confederation Building on Thursday afternoon to demand support for the industry.

The provinces offshore oil and gas association, known as Noia, has spent months lobbying the government for a solution for the floundering industry, as COVID-19 and a global price war have sunk oil prices.

The trickle-down affects more than 20,000 people in this province, if the federal and provincial governments dont act as soon as they can, said Dave Mercer, president of Unifor local 2121.

Mercer said financial help cant come soon enough, and that waiting two to six months isnt an option.

Our members are hurting, said Charlene Johnson, CEO of Noia. Job losses are in the thousands, company closures have occurred, and, right now, I am having a difficult time feeling optimistic about the future of the offshore, but also of Newfoundland and Labrador.CBC News reports.

Internationally

Syria continues to struggle with gasoline shortages after the U.S. imposed a series of sanctions on the country last June. Under the sanctions, foreign companies are prohibited from trading with Syria, which has hurt many of the countrys imports.

The tightening of the American siege, and their barring of imports from arriving, forced us to reduce distribution of gasoline by 35 per cent, said Bassam Touma, Syrias oil minister.

Oil production collapsed after the country lost most of its oilfields to the Syrian Kurds, whom the U.S. support. The Kurds continue to sell some of the oil to Syria. Making things worse for the country, its largest refinery is undergoing maintenance work thats expected to last another 10 days. Once completed, the countrys capacity will rise by 25 per cent.

Private vehicles have been limited to a supply of 30 litres of gasoline every four days, and drivers must wait in line at gas stations for several hours, according to residents. Reuters reports.

Meanwhile, the Organization of the Petroleum Exporting Countries and its allies will be holding a video conference today to discuss members compliance with cuts to output. No changes are expected to the current reduction target of 7.7 million barrels per day. However, the panel is expected to push members, including the United Arab Emirates, Iraq and Nigeria, to commit to larger cuts to output to make up for overproduction.

Reuters has more.

On Thursday at 7:58 a.m., West Texas Intermediate was trading at US$39.87 and Brent Crude was going for US$42.02.

In Canada

The Yukon government revealed a new climate strategy at the start of the week. Its goal is to reduce greenhouse gas emissions by 30 per cent in the next decade. The plan will include intensity targets for mining companies to encourage efficiencies within their processes.

This new approach skirts the issues, according to the Yukon Conservation Society, because instead of encouraging an overall reduction in emissions, it suggests that mines merely need to become more efficient. Mining analyst Lewis Rifkind said these efficiency targets may not reduce overall emissions, because efficient mines can still turn out a significant quantity of emissions.

One big mine could ruin everything, if it goes to a fossil-fuel-generated electrical supply, Rifkind said. CBC News has more.

In other news, Frog Lake Cree Nation has signed a letter of intent to join the Western Indigenous Pipeline Group (WIPG), which was created to promote Indigenous groups and their goal of buying a majority stake in the Trans Mountain pipeline.

The WIPG is made up of 66 Indigenous title- and rights-holding nations, who are all affected by either the Trans Mountain pipeline or the lines expansion project. The Calgary Herald has more.

Canadian Crude Index was trading at US$28.13 and Western Canadian Select had risen by 7.68 per cent or US$2.33 and was going for US$32.66 this morning at 7:58 a.m.

Noteworthy

This story was last updated on Sept. 17 at 3:41 p.m.

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NOIA Reveals Offshore Safety Award Winners – Rigzone

Posted: at 1:06 am

The National Ocean Industries Association (NOIA) reported Wednesday that its Safety in Seas (SIS) award recipients for 2020 are Danos and Oceaneering (NYSE: OII).

An independent panel of judges from the U.S. Coast Guard, the Bureau of Safety and Environmental Enforcement and an industry safety consultant evaluated the award-winning entries, NOIA noted in a written statement emailed to Rigzone. The organization, which has held the SIS competition since 1978, pointed out that Danos won the SIS Safety Practice Award and Oceaneering the SIS Culture of Safety Award. Thirteen companies submitted 14 applications for the two SIS award categories, NOIA added.

The congratulations to Oceaneering and Danos is well-earned, remarked NOIA President Erik Milito. Safety is a core value of the offshore industry, and Oceaneering and Danos exemplify this dedication to keeping workers and the environment safe.

According to NOIA, the Safety Practice Award highlights specific technologies, approaches, methods or projects with direct and demonstrable impacts on improving safety. In contrast, the Culture of Safety Award honors overall organizational immersion in and commitment to safety, which has resulted in remarkable, measurable and sustained safety performance over a prolonged period of time, added NOIA.

We are honored to have won NOIAs 2020 Safety Practice Award for our Liberty E-ROV resident subsea vehicle, commented Oceaneering President and CEO Rod Larson. The Liberty vehicle is remote controlled from shore, which means ROV pilots and other related personnel do not need to be physically present at offshore installations, taking workers out of harms way. The vehicles battery-operated power supply coupled with its ability to conduct missions without a dedicated vessel ensures that the industry can further reduce its environmental footprint.

NOIA pointed out that Danos garnered the Culture of Safety Award for implementing behavior-based safety programs and innovations. The organization explained that Danos has used virtual reality to enhance worker training and augmented reality to improve work processes. In addition, it stated that Danos employees recorded a Total Recordable Incident Rate (TRIR) of 0.11 a company best while logging a record 8.9 million man-hours 35 percent greater than the previous high.

We have been developing our safety program and culture for 73 years, said Danos Owner Executive Paul Danos. While our company has grown, and our service offerings have evolved, one thing that has remained constant is putting people and their safety first. Our safety team is second to none, but every Danos employee plays a role in contributing to our safety culture on a daily basis.

To contact the author, email mveazey@rigzone.com.

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Fast-rescue craft fire onboard offshore vessel being investigated – The Journal Pioneer

Posted: at 1:06 am

Equinor Canada Ltd. reported Wednesday a fire had occurred earlier that morning on the fast-rescue craft onboard the vessel Siem Diamond, which was on standby at the time to theTransocean Barents in Newfoundlands offshore.

The Canada-Newfoundland and Labrador Offshore Petroleum Board (CNLOPB) stated in a news release that all personnel safely mustered and there were no injuries, and all personnel were accounted for. The fire team quickly extinguished the fire, but the fast-rescue craft received extensive damage.

There were no reports of other damage or impairments to the vessel.

As the fast-rescue craft on the standby vesselSiem Diamondwas unavailable for use, all planned helicopter flights and other non-critical operations on board theTransocean Barentswere temporarily suspended. A replacement standby vessel was deployed to the rig location and has assumed standby duties.

TheTransocean Barentshas resumed operations.

The CNLOPB is monitoring Equinors investigation of the incident.

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