Shipping Corporation of India undertakes its first venture in terminal handling at Dhabol
Promising outlook for India in the energy sector
Indian government repositioning Indian ship repair industry for achieving faster growth pace
Capt Mukesh’s gas carrier though battered by the Tsunami while at Kashima Port came out in one piece to discharge its lethal cargo which could have done inconceivable damage
2200 MT well head platform transported by Freight Wings to offshore site in KG Basin
The 15th edition of the Rio Oil & Gas 2010 conference and convention broke all records of public and participants and is being considered the biggest and best edition ever. While it can be said that O&G was the main theme of the event, bio-fuels and the maritime industry also had a strong presence.
According to Petrobras and many other players involved in the O&G market, Rio de Janeiro is the new oil capital of the world.
OGX estimates that the total Parnaiba Basin natural gas potential at 15 trillion cubic feet. This discovery opens a new exploratory frontier in an onshore basin, the first in two decades. At the Campos Basin, OGX-18 well reports indication of hydrocarbons, adding to the excellent results of their ongoing exploratory campaign.
The E & P in the Indian offshore is attractive for the seasoned players
The expansion of Emission Control Areas (ECA) in North American and European waters leaves ship owners using HFO with little choice other than to use a more expensive low sulfur HFO, change to MDO completely or use a dual fuel arrangement. The latter not only necessitates installing additional tanks and fuel handling equipment but also requires careful change over procedures to be followed every single time to avoid potential engine problems that can be very severe. An area that a few operators are pioneering is the use of exhaust seawater scrubbers. Hamworthy Krystallon produce a Seawater Scrubber that is designed to operate on a 3.5 per cent S HFO 380 fuel while complying with the EU in-port and MARPOL Annex VI requirement of a 0.1 per cent sulfur fuel. Hamworthy Krystallon early orders from Italian owner have been followed this month by an order to equip four 45,000 dwt ro-ro new builds at Daewoo. Sembawang Shipyard (SSPL), Singapore are interested in a potential retrofit project for seawater scrubbers. Switching to low sulfur fuels will create supply problems according to he International Petroleum Industry Environmental Conservation Association