Mayor of Offshore Drilling

Captain of a deepwater drilling asset

[Mayor of Offshore Drilling @offshoremayor]

Two sister drillships being built in Hyundai’s shipyard. One drillship was already floating and about to complete equipment commissioning while the second ship was still in dry dock awaiting derrick installation. Hyundai’s mass production line was unlike anything I’ve ever seen . . . Truly incredible! $rig $val $ne $do $tdw

[Mayor of Offshore Drilling @offshoremayor]

Give the UK whatever they want. Diego Garcia is too important to lose.

[First Squawk @FirstSquawk]

TRUMP MULLS US PURCHASE OF CHAGOS ISLANDS. - TELEGRAPH

[Mayor of Offshore Drilling @offshoremayor]

@MadBomberHat @cecegkh 😂😂😂😂

[Mayor of Offshore Drilling @offshoremayor]

@JaguarAnalytics This is @JaguarAnalytics 😂😂

[Clemente @Chilearmy123]

The WORST person to see when Crypto is down 😭

[Mayor of Offshore Drilling @offshoremayor]

😂😂😂 time for me to log off X for the day

[Marhelm @MarhelmData]

Iranian missiles may not be the greatest threat to the ships stranded in the Persian Gulf

Unchecked barnacle growth can reduce speed / increase fuel consumption by 40-80% in extreme cases (IMO, EU CLEANSHIP)

Barnacles can even eventually...sink a ship or cause a total loss

[Mayor of Offshore Drilling @offshoremayor]

@ericnuttall Complete fud

[Mayor of Offshore Drilling @offshoremayor]

I really expect better from Marhelm. This is nonsense. Yes it will eventually need to be cleaned but this will not prohibit ships from resuming their voyages.

[Marhelm @MarhelmData]

Gemini estimates 3 to 6 months to resolve the barnacle backlog

[Mayor of Offshore Drilling @offshoremayor]

Those ships need to ballast down. The water will be cooler and there will be less debris.

[Marhelm @MarhelmData]

We're now hearing from our sources about sea chests with clogged gratings and pipes which can lead to a lack of cooling water for engines, necessitating a full UWILD for ships trapped in the Persian Gulf.

Maintenance crews will be busy for a long time - when they arrive.

[Mayor of Offshore Drilling @offshoremayor]

The ships might be a little less efficient speed wise but this is quite dramatic. I’ve sat on a ship for over a year before and it wasn’t a problem.

[Marhelm @MarhelmData]

A growing concern among brokers and owners - ships trapped in Hormuz may soon not even be seaworthy due to barnacle growth on hulls in warm, stagnant water

[Mayor of Offshore Drilling @offshoremayor]

A few weeks ago oil was down significantly on this headline. Today brent is up 5%. Trump is running out of time. The US could escort a 100 ships through yet it won’t address the root of the problem which is that most of the gulf countries are still partially shut in.

[First Squawk @FirstSquawk]

U.S. NAVY HAS RESTARTED ASSISTING VESSEL CROSSINGS THROUGH THE STRAIT OF HORMUZ, ACCORDING TO U.S. MILITARY OFFICIALS. || THE OFFICIALS TOLD THE WALL STREET JOURNAL THAT A GREEK SUPERTANKER LADEN WITH TWO MILLION BARRELS OF CRUDE WAS GUIDED BY THE U.S. NAVY, AS IT CROSSED THE WATERWAY OFF THE OMANI COAST. - WSJ

[Mayor of Offshore Drilling @offshoremayor]

As long as the gulf countries continue to shut in I don’t think an increase in vessel traffic through Hormuz really matters much. I doubt any of the gulf countries will try to resume operations until there is a lasting peace deal, not some extension of talks. Last thing they want to do is bring their fields back online only to have to immediately shut in again.

[Mayor of Offshore Drilling @offshoremayor]

@BergstedtS95814 No idea

[Mayor of Offshore Drilling @offshoremayor]

Did $borr release anymore news on the Arabia III during their earnings call? Ive been waiting a long time to see some sort of update on it. I don’t want to get myself in trouble so I won’t say anything other than “allegedly” it was hit by a drone back in March.

[Mayor of Offshore Drilling @offshoremayor]

@CommodMkt @CommodMkt did $borr talk about the Arabia III at all during their earnings call? She looked pretty banged up from the “alleged” drone strike.

[Mayor of Offshore Drilling @offshoremayor]

Most of gulf countries are still shut in so this “agreement” means nothing in my eyes. We will know when there is a lasting peace deal once we see news of OPEC countries bringing their fields back online. Watching increased traffic flow through Hormuz right now seems pointless to me. Until these fields come back online all of this is just noise and another day of 10+ million bbls lost.

[Mayor of Offshore Drilling @offshoremayor]

@MiserMcMiserson @CommodMkt I agree with his thesis.

[Mayor of Offshore Drilling @offshoremayor]

@GothenburgRed

[Mayor of Offshore Drilling @offshoremayor]

You left out the fact that the US is draining their SPR to help fill the gap. They can do this for another few months till the SPR is drained after that Trump wound probably be forced to limit exports which would cause the price of Brent to blow out. Iran is gaining more leverage as each day passes.

[Mayor of Offshore Drilling @offshoremayor]

@KrisPatel99 The longer this goes on the more leverage Iran has. Another 10 million barrels drained from the SPR over the last week. SPR will be fully drained in 4 months if they keep drawing that much each week.