The $100 Billion Nightmare For Offshore Oil: Louisiana’s Sinking Coast

by Catherine Traywick (Bloomberg) From 5,000 feet up, it’s difficult to make out where Louisiana’s coastline used to be. But follow the skeletal remains of decades-old oil canals, and you get an idea. Once, these lanes sliced through thick marshland, clearing a path for pipelines or ships. Now they’re surrounded by open water, green borders still visible as the sea swallows up … [Read more...]

Fire Continues to Rage in Louisiana Bayou

Update: In a statement posted later on Friday, the Coast Guard said that fter the barge was removed from the scene and taken to a secure location, offloading operations were conducted and completed at approximately 3 p.m. Friday. The crude oil from the barge has been offloaded into a separate barge.  At no time was any pollution observed coming from the barge, the Coast Guard … [Read more...]

Louisiana’s Aries Marine Orders PSV Pair from Leevac

LEEVAC Shipyards in Jennings, Louisiana has announced that it has received an order to build two 270-foot diesel electric PSV's for Aries Marine of Lafayette, LA. The ships will be of the LEEVAC Design Services "LDS" 270 DE PSV design, with a deadweight capacity of 4000 LTsw and will carry over 13,000 barrels of liquid mud. The vessels will be powered by four 3516C … [Read more...]

$2.2 Billion LNG Liquefaction Facility Announced for Port of Lake Charles

Louisiana Governor Bobby Jindal and Maurice Brand, Managing Director and Joint Chief Executive Director of Magnolia LNG announced today a $2.2 billion project to develop a natural gas liquefaction production and export facility at The Port of Lake Charles. Magnolia LNG is a wholly-owned subsidiary of Australian energy firm, LNG Limited. The mid-scale LNG facility would be … [Read more...]