• 2017 December 4 18:05

    Otto Energy starts drilling the South Marsh Island 71

    Otto  Energy  Limited has announced  that the  Ensco  68  jack -up  rig has  commenced  drilling  the  OCS  G-34266  #F -2 well  (‘SM  71  F2 ’) within  the  South  Marsh  Island  71  (‘SM  71 ’)  lease  in the  Gulf  Of  Mexico  shelf. 

    The  Operator  advised  overnight  that  the  SM  71  F2  well  had  spudded  and  as at 9.45  pm on  3 December  US A  Central  Standard  Time  current  operations  are  drilling  ahead  at 564  ft (172  metres)  Measured  Depth  (“MD”). 16- inch  conductor  pipe  will  be  set  at 800  ft (244m)  MD. The  rig  is located  over  the  platform  to allow  the  F1  and  F2  wells  to be  completed  for  production.

    The  SM  71 F2  well  has  two  targets:  the  D5  Sand  and  the  B65  Sand.  The  primary  target  in the  F2  well  is the  D5 Sand  which  will  serve  as an  additional  D5  take  point  and  extend  the  D5  proven  reserves  down -dip  from  the  F1 well.  The  second  target,  the  highly  prospective  B65  Sand,  has  the  potential  to double  the  current  field  size  of  SM 71  and  will  be  tested  first  before  drilling  ahead  to the  D5  sand. 

    The  well  is expected  to take  around  one  month  to drill  and  evaluate. The  rig  will  then  be  skidded  over  to the SM  71  F1  well  in order  to complete  the  well  for  production. First  production  from  the  SM 71 F platform is currently  expected  in late  January  2018  following  well  completion operations. Otto  holds  a 50%  working  interest  (40.625%  net  revenue  interest)  in South  Marsh  Island  Block  71.  The  operator,  Byron  Energy  Limited, holds  the  remaining  50%  working  interest.




2019 January 23

10:37 N-KOM welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard
10:20 Responsibilities for implementation of state programmes of the Russian Federation divided between Deputy Prime Ministers
10:06 Brent Crude futures price up 0.03% to $61.52, Light Sweet Crude – up 0.02% to $53.03
09:48 Aderco: Planning for 2020 has already started
09:43 Vympel Shipyard lays down yet another hydrographic vessel / buoy tender of Project 19910 for RF Navy
09:19 Baltic Dry Index is down to 1,036 points

2019 January 22

18:25 Elengy prepares the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030
18:05 Monjasa steps up as the 2nd largest local bunker supplier in the Panama Canal in 2018
17:54 Relampago practices skills with UAE Navy ship
17:35 CalMac takes over the tiller at Argyll Ferries
17:05 NYK gets the highest-rated ‘A’ for Climate Change by CDP Survey
16:42 RF Government proposed candidates to Novorossiysk Commercial Sea Port's BoD
16:23 Pilbara Ports Authority achieves a new record tonnage on a single tide at the Port of Port Hedland
15:56 Port of Rotterdam Authority and Rotterdam Port Promotion Council renew collaboration
15:46 ICTSI Subic hits milestone 200,000th TEU move
15:44 Growth seen in several sectors at ABP South Wales
15:28 KONTUR SPb ERT unit’s drills get thumbs up from Rosmorrechflot’s certification commission
15:22 First ship viaVerbrugge Terminals’ new permanent shipping line with South America docks in North Sea Port
15:00 Meyer Turku delivers New Mein Schiff 2 to TUI Cruises in Kiel
14:41 Jotun looks into expansion of ship coatings production in Russia
14:32 HHLA completes expansion of the container rail terminal Burchardkai
14:19 Bunker prices are flat at the Far East ports of Russia (graph)
14:02 North Queensland Bulk Ports Corporation opens the Port of Mackay for new bulk material trades
13:32 China Navigation to acquire the bulk shipping activities of Hamburg Süd
13:22 14 crewmembers of gas carriers which caught fire in the Kerch Strait confirmed dead, five missing
13:15 Fincantieri to build LCS 31 for US Navy
12:53 Gdynia, Poland to host Transport Week 2019 on March 5-7
12:31 MOL moves to establish 'Asahi MOL Tankers' for pool operation of MR Product Tankers
12:14 DFDS expands cooperation with Turkish Ekol Logistics
11:45 ABP invests £2.2 million in new agribulk terminal at Port of Ayr
11:17 BIMCO: only international action will stop increase in piracy
10:52 4 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 21-22
10:30 Severnaya Verf will build four more trawlers for Norebo
10:16 Ocean Alliance Day 3 З Product : CMA CGM ready for third phase starting in April 2019
09:38 Brent Crude futures price down 0.97% to $62.12, Light Sweet Crude – down 0.8% to $53.61
09:19 Baltic Dry Index is down to 1,092 points

2019 January 21

21:25 Nine dead in two ships fire accident in the Kerch Strait
18:15 Port of Oakland hails shipping lines, terminal for clean air work
17:36 Evac acquires of UK service company Transvac
17:06 High Speed Transfers signs contract for third Damen FCS 2710 fast crew supplier
16:35 DFDS starts trials of Jinling Shipyard’s newbuild
16:05 Prototype most powerful wind turbine in the world Haliade-X 12 MW installed at Maasvlakte this summer
15:36 Incentive Scheme Climate-Friendly Shipping launched today
15:29 Yang Ming provides new China-Malaysia direct service
14:55 Szczecin-Świnoujście Port Complex handled over 28.6 million tonnes of cargo in 2018, up 12.5% Y-o-Y
14:33 Incat to build a new ship for the Government of Trinidad and Tobago
14:03 CMA CGM joins to the world’s largest operational agreement extention
13:27 Algoma receives full refund for shipbuilding contracts with Uljanik and 3Maj Shipyard
13:13 ESL Shipping strengthens its Chartering team
12:46 Leonid Mashaev appointed as Acting General Director of “State Customer’s Directorate for Seaborne Transport Development Programmes”
12:18 Average wholesale prices for М-100 HFO up to RUB 14,769 in RF spot market
11:49 Dublin Port’s сargo volumes up by 4.3% in 2018
11:22 FESCO and ZIH launching a container train from Germany to China through the Far East
10:55 14 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 20-21
10:27 TransContainer announced its preliminary operating results for the fourth quarter and the full year of 2018
10:04 Brent Crude futures price up 0.41% to $62.94, Light Sweet Crude – up 0.43% to $54.28
09:40 Throughput of port Kaliningrad in 2018 grew by 2% Y-o-Y to 14.05 million tonnes
09:19 Baltic Dry Index is up to 1,112 points

2019 January 20

16:08 Subsea 7 acquires multi-purpose offshore construction and dive support vessel
15:03 TEPCO and Ørsted sign MoU to work jointly on offshore wind projects