AUSTAL SHIPS PTY LTD
Woodside advises that the Pyxis-1 exploration well in production licence WA-34-L has intersected approximately 18.5 metres of net gas within the Jurassic sandstone target. The well reached a total depth of 3347 metres. Wireline logging has confirmed the discovery through the recovery of gas samples to surface and establishment of a gas pressure gradient. Woodside Executive Vice President Global Exploration Philip Loader said: “Given its location, this successful exploration outcome offers future tie-back potential to Woodside’s existing Pluto infrastructure.” Pyxis-1 is located in Production Licence WA-34-L, within Western Australia’s Dampier Sub-Basin and is located approximately 15 km north of Woodside’s producing Pluto Gas Field infrastructure. Woodside Burrup Pty. Ltd. is the operator and 90% equity owner of WA-34-L. Kansai Electric Power Australia Pty. Ltd. and Tokyo Gas Pluto Pty. Ltd. each hold 5% equity.
The Browse project covers the realization and installation of three FLNG units to develop the Brecknock, Calliance and Torosa fields in the Browse Basin, 425 kilometers North of Broome, Western Australia. The Browse project will capitalize on Shell's FLNG experience, as well as on Woodside's offshore and subsea development expertise. The first contract awarded to the Technip Samsung Consortium covers the front-end engineering design (FEED) elements of the Browse FLNG project
On November 17, Mobile, Alabama-based Austal USA celebrated the grand opening of its new construction facility with a ribbon-cutting ceremony. This event took place just 11 months to the day after breaking ground on the project on January 17, 2005. Several notable VIPs participated in the ceremony, including: State of Alabama Director of Development Neal Wade, Mobile County Commission President Mike Dean, Mobile Mayor Sam Jones, John Rothwell (Austal Ltd
Austal USA, the joint venture company of Australia's Austal Ltd. and Bender Shipbuilding & Repair, has secured a two-vessel order for the construction of 150 ft. aluminum crew supply vessels to operate in the Gulf of Mexico. The vessel pair, which has been ordered by Otto Candies of Des Allemands, La., is scheduled for delivery in early 2002. This new order adds on to the current 82 ft. high-speed passenger catamaran that Austal USA is constructing for an unnamed owner.
Tugboat operator Adsteam Marine Ltd. has completed its purchase of rival Newcastle operator Hunter Towage Services Pty Ltd. Adsteam operates in Newcastle through Waratah Towage, a joint venture with Howard Smith Ltd.
Oceaneering International, Inc. (OII) announced that the primary contract term for use of the Ocean Legend mobile offshore production system (MOPS) has been extended from three to five years effective May 17, 2002. The primary contract term will now terminate in May 2006. The Ocean Legend is working offshore Western Australia under a services agreement with Woodside Energy Ltd., on behalf of a joint venture comprising Woodside Energy Ltd., Apache Northwest Pty. Ltd., and Santos Limited.
Waratah Joint Venture Given Green Light Waratah was cleared by Australian authorities to buy a towage business and tug from The Broken Hill Pty Co Ltd.
Incat Tasmania Pty Ltd and Revolution Design Pty Ltd are pleased to announce they have been awarded one of three US multi-million dollar design contracts by the US Department of Defense. The Tasmanian based companies are part of an internat ional consortium responding to the United States Department of Defense (DoD) acquisition program for the Joint High Speed Vessel (JHSV). The JHSV program brings together United States Navy, Army,
Otto Marine's shipyard has sold the multi-purpose offshore support vessel 'Otto Explorer 3' to RY Offshore Ltd. for about US$ 50-million. Upon completion of the sale, the buyer will charter the vessel to the Ottto Marine Group subsidiary, Go Marine Group Pty Ltd. The company has received a deposit of US$1 million from the buyer for the transaction with the balance to be paid upon delivery of the vessel, which is being built at the Otto Marine shipyard in Batam, Indonesia.
Singapore's Otto Marine Ltd. says that its 90% owned subsidiary, Go Marine Group Pty Ltd. has entered into a Memorandum of Agreement to sell the 7 vessels concerned to RSOV Marine Pte Ltd for an aggregate sum of US$10 million. The vessels are named: GO 4 IT, GO Puriya, GO Shaula, Piparn, Yikara, Minotaur and Centaur. Otto Marine add that Mr Yaw Chee Siew, its Executive Chairman and controlling shareholder, owns a 29% interest in the issued and paid-up share capital of the buyer
India’s biggest shipbuilder under state control, Cochin Shipyard Ltd (CSL) is looking to file documents for its initial public offering (IPO) with the markets regulator by the end of this month, reports Live Mint. According to sources
Austal USA said it was awarded a $326 million contract to built the 11th and 12th Expeditionary Fast Transport ships (EPF) for the U.S. Navy. This new contract adds upon a 2008 fully-funded EPF 10-ship block-buy agreement and brings Austal’s current build to a 12 ship program
A unit of India's Adani Enterprises Ltd will buy the company that operates Australia's Abbot Point Coal Terminal from Glencore Plc for A$19.25 million dollars ($14.52 million), ending a legal wrangle over control of the port. The statement from Adani and Glencore said Adani Ports and Special
Otto Marine Ltd. said three creditors filed three such applications with the Supreme Court of Western Australia to wind up its subsidiaries in Australia - Go Inshore Pty and Go Marine Group Pty, says a report in Bloomberg.
A ceremony was hosted to celebrate the keel authentication of the U.S. Navy's future USS Charleston (LCS 18), the ninth Independence variant littoral combat ship, June 28. Charlotte Riley, wife of former Charleston mayor Joseph Riley
Review of U.S. Ops Reportedly Underway The West Australian reported that Austal halted its shares from trading, and reportedly is in the process of reviewing its U.S. operation, Austal USA. Austal USA is best known for it construction of vessels for the U.S
China Shipping Container Lines (CSCL) has proposed to change its name to Cosco Shipping Development Co (CSDC), in line with the company’s future business strategy and as a group member of China Cosco Shipping Corporation (Coscocs).
Austal Limited (Austal) (ASX:ASB) has been awarded a US$11,239,032 cost-plus-fixed-fee contract modification from the U.S. Navy to provide emergent availability planning and full ship shock trials (FSST) support for tests to be conducted on Littoral Combat Ship USS JACKSON (LCS 6).
OEM Group has secured a two-year contract worth up to £1 million with Go Marine to deliver engine support services to its fleet of vessels operating across the world for the oil and gas industry. Under the global technical support and services agreement
Austal Limited successfully completed Full Shock Trials by USS Jackson(LCS 6) on July 16, 21016. The Navy stated that USS Jackson (LCS 6) “performed exceptionally well” during her third and final underwater explosion as part of her Full Ship Shock Trials (FSST)
The Company: With about 82 employees, Robert Allan Ltd. is Canada’s most senior consulting Naval Architectural firm, established in Vancouver, B.C. in 1930. The company has earned an international reputation for innovative, successful designs for a wide range of ships and has been a leader
Aulong Shipbuilding, a joint venture company formed by Austal Limited and Guandong Jianglong Shipbuilding of Zhuhai, China, has won the first ferry contract to build a 42 metre high speed aluminium ferry for Chinese mainland operator Blue Sea Jet.
Austal celebrated the christening of the Expeditionary Fast Transport ship USNS Yuma (EPF 8) with a ceremony at its state-of-the-art shipyard here, this morning. The ship’s sponsor, former Secretary of Homeland Security and Arizona Governor Janet Napolitano
Singaporean rig builder Sembcorp Marine Ltd said it had agreed to buy the 15 percent of PPL Shipyard Pte Ltd it did not already own for about $115 million from PPL Holdings Pte Ltd and E-Interface Holdings Ltd. "This will enable the company to optimally manage the businesses
Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected. However, the result came in line with guidance issued last month over a change in estimate of the cost of completing