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Helix completes installation project in GOM

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Helix successfully completed installation of two 86-ton pipeline-end-termination (PLET) modules as a prelude to the initiation of production of Murphy Oil Co.’s  Thunder Hawk development in the deepwater Gulf of Mexico.

The project marked the first time Helix had installed PLETs of this dimension in 6,000-plus water depth using a single-line crane. The units were installed from the 380-ft Helix Intrepid reeled pipelay vessel, which has 400-ton crane capacity and a 10,000-ft water depth capability.

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California mulls new offshore oil drilling amid need for revenue

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As California teeters on the verge of insolvency, the governor has proposed expanding offshore oil drilling under a plan approved by environmental groups as a way to tap new revenue while protecting the environment.

In a rare agreement between environmental groups and an oil producer, Plains Exploration & Production Co. (PXP) has agreed to permanently shut down four oil platforms off the southern California coast and two onshore processing facilities in Santa Barbara by 2022, and donate 4,000 acres of land for public use, in exchange for the right to immediately expand drilling in the state’s seafloor from a platform it operates in federal waters.

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New western GOM deepwater shore base to open in January

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Gulf Access Base, Port Aransas, Texas has the 200 acre McDermott facility on the Corpus Christi Ship Channel under contract with plans to close on the property in December of this year.

“This facility is the only one of its kind on the western Gulf”, says Sam Canterbury, Partner in the project. “The facility is highly stabilized with 4,700’ of bulkhead with up to 46 ft of water including a 1,650’ X 500’ slip. We are located only 150 miles from Alaminos Canyon operations which will allow operators to cut transportation costs more than half in many cases.”

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Republicans call for offshore drilling, nuclear plants

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By Dina Cappiello

WASHINGTON — House Republicans are calling for a hundred new nuclear power plants to be built in the next two decades as part of legislation they say is a better alternative than one championed by Democrats.

The legislation unveiled by the GOP Wednesday would increase production of oil and gas offshore, fast-track refinery construction and establish a trust fund using oil and gas royalties to invest in renewable energy.

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Who is winning the Arctic game of Monopoly?

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By Christoph Seidler

There are five states competing for control of the Artic’s oil and gas reserves, with Russia leading the pack. The US looks likely to remain on the sidelines, but what opportunities will the natural resource grab present for Canada, Norway and Greenland?

In the game Monopoly, players try to amass as much property as possible. The course of the game quickly becomes clear — whoever owns Boardwalk is on a winning streak and whoever owns Baltic Avenue is sure to end up empty-ended. Money, meanwhile, is the sole means to reach the game’s goal. In real life, however, things aren’t always as simple as a board game.

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Total begins Mahakam bid rounds

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Total is expected to kick-start the pre-qualification round next week for the installation of over 70 kilometres of offshore pipelines in the South Mahakam project off Kalimantan in Indonesia.

Global Industries, Saipem, Nisconi and Hyundai Heavy Industries are among those eyeing the tender.

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Mermaid Newbuild DP2 Dive Support Vessel 'Mermaid Asiana' Awarded Offshore Installation Job With CUEL In The Gulf Of Thailand

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Mermaid Maritime Public Company Limited is pleased to announce that its wholly owned subsidiary Mermaid Offshore Services Ltd., a provider of sub-sea engineering services to the offshore oil and gas industry, has been awarded a contract with CUEL Limited, one of the region’s major Engineering, Procurement, Construction, Installation & Commissioning contractors, to provide saturation and air diving services supported by ROV intervention, all utilizing the newbuild DP2 Dive Support Vessel Mermaid Asiana for CUEL’s clients in the Gulf of Thailand.  This contract, potentially worth an initial US$10 million, is part of the ongoing support Mermaid provides to CUEL in the Gulf of Thailand for CUEL’s various clients since 2006.

The contract is scheduled to commence during the third (3rd) calendar quarter of 2009 following delivery of the DP2 DSV Mermaid Asiana, currently under construction at ASL Marine Ltd.’s shipyard in Singapore.  The work was initially assigned to the DP2 DSV Mermaid Commander.

Mermaid Maritime extending services to South America

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Mermaid Maritime Public Company Limited (“Mermaid”) is pleased to announce that its wholly owned subsidiary Mermaid Offshore Services Ltd. (“MOS”), a provider of sub-sea engineering services to the offshore oil and gas industry, is presently providing offshore installation services in Brazil for Petrobras through a contract with Global Industries Brazil potentially worth US$14-18 million. The work involves saturation and air diving services supported by remotely operated vehicle (“ROV”) intervention, all utilizing the DP2 Dive Support Vessel “Mermaid Commander”.

Mermaid adds one more DSV to fleet

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Mermaid Maritime has picked up a dive support vessel building in Norway for $91m.

The Mermaid Endurer will be Mermaid’s third newbuild sub-sea vessel due for delivery within the next six months. The DP2-rated newbuilding is under construction at Bergen Group BMV and is due to be delivered in the fourth quarter of 2009.

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Bisso Lufesa salvages passenger vessel in Galapagos

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Bisso Lufesa has successfully salvaged M/Y Parranda a luxury passenger vessel that sank in the environmentally pristine Galapagos Islands.

The crew of the dive support vessel Caballo de Trabajo raised the sunken M/Y Parranda and safely towed it 80 nautical miles out to sea, where it was scuttled in a deepwater location designated by Galapagos National Park authorities.

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