More Oil Tanker News

THE PERILS OF TANKER SAFETY LAWS

Jun 25, 1990 The June 8 Mega Borg lightering accident in the Gulf of Mexico reminded oil and shipping companies, government officials, and the public how urgently the U.S. needs a comprehensive tanker safety law. The challenge for everyone is to base the law on the shipping industry's technological realities and not on the oil spill hysteria attending recent mishaps.

BP PLANS SECOND SITE FOR ITS SEILLEAN FLOATER

Jun 25, 1990 BP Exploration is seeking British government approval to develop Donan field in North Sea Block 15/20 using its new Seillean floating production vessel. The 10 million ($170 million) ship is taking on its second cargo of crude from Cyrus field in North Sea Block 16/28. Seillean, the world's first production vessel to hold station using only dynamic positioning, began operations in April.

CONOCO ENVIRONMENTAL INITIATIVE PROGRAM TAKES SHAPE

Jun 25, 1990 Conoco Inc. has developed guidelines for forming citizen advisory councils and establishing environmental fellowships, key elements of the company's nine point program of environmental initiatives. That program also commits the company to build double hulled oil tankers, provide double wall tank construction at new or refurbished fuel outlets, steadily cut emissions and discharges to levels well below those prescribed by law, and include environmental performance among criteria determining

PDVSA TO CHOOSE LNG PROJECT PARTNERS SOON

Jun 25, 1990 Venezuela's state owned Petroleos de Venezuela SA soon will choose international partners to participate in its proposed $2.9 billion offshore liquefied natural gas export project. Work could begin in 1992 with first cargo of LNG exported in 1997. Ultimately Pdvsa wants to export 700 MMcfd of gas, mostly to U.S. markets, from fields in the Gulf of Paria between northeastern Venezuela and Trinidad. Juan Chacin, former Pdvsa president, said Pdvsa has lined up firm buyers for Venezuelan LNG

API: NOW'S THE TIME FOR AN OIL SPILL LAW

Jun 25, 1990 Charles J. DiBona President American Petroleum Institute America's oil companies are building a major oil spill response organization that will enhance greatly our ability to prevent pollution of the nation's coastal waters. But it was not in place to respond to the recent tanker explosion in the Gulf of Mexico, and many people are asking why.

MODELS' PERFORMANCE LEADS TO ADSORPTION-UNIT MODIFICATIONS

Jun 25, 1990 P. J. Parsons, J.J. Templeman British Gas plc Midlands Research Station Solihull, West Midlands U.K. Models to predict performance of a natural-gas absorber for dew point control were used successfully to analyze absorber performance at British Gas plc's Easington terminal and have led to modifications to handle additional volumes. The models were verified with data from pilot-plant tests and trials on absorbers at the terminal. They revealed the absorbers' capacities to be greater than

PRIVATELY OWNED TRANSMISSION LINE PLANNED IN BRITAIN

Jun 25, 1990 Opening British gas utility sales to participation by private industry has sparked the first signs of competition in gas transmission. Gas Transmission U.K. Ltd. (GTUK) disclosed plans for a large diameter pipeline between Bacton terminal in East Anglia and an industrial belt along the Thames estuary. The company says everything is on schedule to file an application for the pipeline at the end of this month. The line is to be in use by mid-1993.

ZAPATA TO SELL RIG FLEET IN MAJOR RESTRUCTURING

Jul 2, 1990 Zapata Corp., Houston, plans to sell its 12 rig offshore drilling fleet as part of a major restructuring program. Zapata Chairman R.C. Lassiter said the restructuring hinges on three components that must all occur for it to succeed. If it doesn't or if stockholders don't approve, the company may have to seek protection under bankruptcy laws, Lassiter warned. Success entails cutting Zapata's financial obligations to the point that remaining debt can be paid from operational cash

U.S. BRIEFS

Jul 2, 1990 PACIFIC GAS & ELECTRIC CO. received California's first Air Pollution Reduction Award for developing and using a process to remove hydrogen sulfide gas from geothermal steam and reducing hazardous waste by as much as 90% at the Geysers power plant, Sonoma and Lake counties, Calif. The process cuts the volume of chemicals used at the plant.

BUSH ORDERS CANCELLATION OF EIGHT CONTROVERSIAL OFFSHORE LEASE SALES

Jul 2, 1990 President Bush last week canceled eight contested offshore lease sales, preventing any drilling in those areas until after 2000. Due to state opposition, lawsuits, and congressional spending moratoriums, there was little prospect of holding those sales as scheduled. The administration's action limits oil companies to exploration in the Gulf of Mexico, off Alaska, in the mid- and South Atlantic, and in a small area off southern California during this decade.

OGJ NEWSLETTER

Jul 2, 1990 Oil spills and tanker safety continue to be the focus of industry's attention following the Mega Borg accident off Texas. Boycott of U.S. mainland ports by the international tanker business is gaining momentum. Elf Aquitaine has followed Royal Dutch/Shell Group in banning its tankers from U.S. terminals. Two large independent operators, World-Wide Shipping and A.F. Moller, also are considering withdrawing from the U.S. trade.

OCS DECISION PUTS FOCUS ON GULF

Jul 2, 1990 U.S. offshore oil and gas producers have two major responsibilities in the wake of President Bush's capitulation on Outer Continental Shelf leasing. They must hold Interior Sec. Manuel Lujan to his recent word on leasing in the Gulf of Mexico. And in the few areas where they still can lease and drill they must make no mistakes.

WATCHING WASHINGTON RECALLING 1980

Jul 2, 1990 With Patrick Crow These are trying times for oil industry lobbyists. Environmental issues have companies and associations very much on the defensive. Tanker accidents have spawned oil spill liability legislation. Clean air legislation will slap industry with more costly controls, while giving alcohol producers a boost in the gasoline marketplace. The Bush administration last week made a very political decision to ban further exploration off California and Florida. And it opened the door to

INTERNATIONAL BRIEFS

Jul 2, 1990 INDIA'S petroleum ministry estimates oil sector spending at $33 billion in its eighth fiscal planning period,1990-95, up sharply from $10.863 billion in the seventh plan. The estimate breaks out, in billions of dollars, as Oil & Natural Gas Commission 17.4, refining 5.4, marketing 5.2, Gas Authority of India Ltd. 4, and Oil India Ltd. 1.1. ESSO BV let contract to Comprimo BV, Amsterdam, for a 40,000 kw cogeneration plant to supply power and steam at its Rotterdam refining and petrochemical

COAST GUARD CALIFORNIA SPILL REPORT STIRS FUSS

Jul 2, 1990 A U.S. Coast Guard report and recommendations related to the Feb. 7 tanker oil spill off Huntington Beach, Calif., have stirred controversy and could lead to tough new U.S. marine terminal restrictions. The report found the spill occurred because tanker terminal operator Golden West Refining Co., Santa Fe Springs, Calif., and the mooring master or his employer failed to maintain accurate water depth readings (OGJ, June 4, Newsletter).

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