Aker Kvaerner has been awarded a five year contract by Cuu Long Joint Operating Company (CLJOC) for the supply and installation of surface wellheads and valve trees in the Vietnamese Cuu Long Basin. Aker Kvaerner's business area Subsea will supply the wellhead and control tree system as well as associated components. The equipment will be used to support the new Sutu Vang (Golden Lion) and Sutu Den (Black Lion) fields of the Cuu Long Basin. With the rapid development of multiple industries, Vietnam is facing an energy shortage. Jointly operated by PetroVietnam, Conoco Phillips, KNOC and GEO Petrol, CLJOC is special purpose venture created to develop and operate Block 15-1 offshore Vietnam. Project management and manufacturing will be performed at Aker Kvaerner's subsea facility in Batam, Indonesia.
ConocoPhillips has completed the merger of Conoco Inc. and Phillips Petroleum Company, following clearance by the U.S. Federal Trade Commission earlier today. Shareholders of both companies and all U.S. and foreign regulatory authorities cleared the merger earlier this year. ConocoPhillips is the third-largest integrated U.S. energy company. On a global basis, it is the sixth-largest publicly held energy company based on hydrocarbon reserves and production
Northrop Grumman Corporation was awarded a contract from Maersk Line, Limited for maintenance work on the military prepositioning ship M/V Pvt. Franklin J. Phillips. Northrop Grumman's Newport News sector is the prime contractor for the work, which will include dry-docking, maintenance and repair. The Phillips arrived at the shipyard on Sept. 26 and will remain for approximately five weeks. Work during this period will include upgrades to the habitability spaces; replacement of the cargo
Conoco said higher crude oil and natural gas prices, as well as continued growth in oil and natural gas production volumes, will result in earnings appreciably higher than current analysts' estimates for the third quarter. Conoco Chairman, President and CEO Archie W. Dunham said earnings would be in a range of about four to seven cents higher than First Call's current consensus estimate of 33 cents of underlying earnings per share for the third quarter.
Conoco and R&B Falcon Corp. announced Deepwater Pathfinder - a first-of-its-kind, ultra-deepwater drillship - began a five-year work program in the Gulf of Mexico. The ship, the first new build capable of drilling in 10,000 ft. of water, will fulfill a $400 million drilling program for Conoco. The vessel is expected to drill three or four wells in its first year of operation, with the first exploratory well being drilled at Garden Banks Block 783
Phillips Petroleum's UK subsidiary has exercised the option in its existing contract with Aker Maritime to deconstruct the Maureen platform for re-use and recycling. Maureen is to date the largest platform in the world to be removed after use. Parts of the substructure are planned to be used in a new quay at Stord in western Norway - and the aim is to use anew or recycle no less than 95 percent of the platform. The assignment is worth NOK 700 million
Petroleum Geo-Services ASA was recently awarded a seismic contract in deepwater Gulf of Mexico. Petroleum Geo-Services will utilize its proprietary 3D marine seismic vertical cable technology for the contract awarded by Phillips Petroleum Company in deepwater Gulf of Mexico in the Garden Banks area. The contract will involve one month of high-density data acquisition.
R&B Falcon Corporation announced drillship Deepwater Pathfinder sustained damage when 20 joints of the vessel's riser and its blowout prevention equipment fell to the seabed in approximately 7,000 ft. of water while preparing to continue drilling operations in the Gulf of Mexico offshore Louisiana. None of the personnel aboard the drillship sustained any injury. The drillship's top drive and travelling equipment sustained damage
Maersk Line, Limited (MLL) has completed the purchase of two flag general cargo and roll-on/roll-off combination ships, formerly employed under long-term charter to the U.S. Navy’s Military Sealift Command (MSC). In early 2008, Military Sealift Command elected to end the charter for the M/V PFC WILLIAM B BAUGH and M/V PVT FRANKLIN J PHILLIPS and redeliver them to their private owners, who then offered them for sale
(April 12, 2009) Maersk-Alabama Capt. Richard Phillips, right, stands alongside Cmdr. Frank Castellano, commanding officer of USS Bainbridge (DDG 96) after being rescued by U.S Naval Forces off the coast of Somalia. Philips was held hostage for four days by pirates. (Official U.S. Navy photo)
Navy Capt. Frank Castellano shares his 'Alabama Maersk' rescue experience with Naval Postgraduate School students and faculty. Capt. Frank Castellano,a renowned Naval Postgraduate School (NPS) alumnus and former 'USS Bainbridge' (DDG-96) commander addressed students and faculty at NPS' King
United Completes Purchase Of Phillips 66 Riverhead Long Island 5 Million Barrel Oil And Petroleum Products Terminal; Deepwater Location Accommodates Any Ocean Going Vessel In The World. United Riverhead Terminal, Inc., announced today that it has closed on the purchase agreement with Phillips
In anticipation of the winter storm which came on the heels of Hurricane Sandy, spill response teams based on New York’s Staten Island stopped work for just a day. NOAA’s Office of Response and Restoration is continuing aerial surveys of Arthur Kill
Maritime casualties have always been tackled by a relatively small, egotistical, passionate and intrepid group of mariners called “salvors.” Salvage as history knows it, however, may be taking a sharp turn as a result of the new game rules being injected by the Oil Pollution Act
World leading industrial technology specialist Tracerco, part of the Johnson Matthey group, has appointed Gary Phillips as the new head of its operations in Aberdeen. Gary takes up his new post having worked for Tracerco for 13 years, latterly as reservoir technical manager
SeeByte, the global leader in creating smart software technology for unmanned systems, and VideoRay the world leader in Inspection Class-ROV technology, have announced their decision to enter a partnership with the aim of developing solutions to improve value to their customers.
In support of global growth opportunities, the Singapore-based marine credit analysis company, has appointed John Phillips Manager Director. Phillips will also become a member of the Petromedia Group Board and will be based in Singapore
On November 17, 2011, General Dynamics Bath Iron Works celebrated the keel laying of Zumwalt (DDG 1000), the first ship in the planned three-ship Zumwalt class of guided-missile destroyers. The keel unit is the 4,000-ton, heavily outfitted mid-forebody section of the ship
Navy displays energy initiatives aboard USS Kearsrge The amphibious assault ship USS Kearsarge (LHD 3) hosted the Senate Committee for Energy and Natural Resources and Chair of the Subcommittee on Water and Power, to discuss Navy and Marine Corps energy initiative programs.
More than half the crew aboard the 'Maersk Alabama' during a Somali pirate attack in April 2009 have filed lawsuits in Norfolk against the owner and operator of the ship The five-day saga off the coast of Somalia ended when Navy SEALs killed three of the ship's masters' captors in a
Pilot Freight Services, a worldwide provider of transportation and logistics services, report revenue up 12.5% Pilot Freight Services announce reported revenue of $126.5 million for the second quarter, ending June 30, 2012. This marks a 12
Pilot Freight Services, a worldwide provider of transportation and logistics services, announce its recognition by three trade publications. Pilot Freight Services, Inc. is a full-service transportation and logistics provider with over 75 locations throughout North America and a recently opened
The Great Lakes Towing Company and Great Lakes Shipyard have entered into another year as a partner in St. Martin de Porres High School’s Corporate Work Study Program. Four students, one from each grade level, work one day a week in various departments at the Company headquarters to
Houlder & BMT Nigel Gee announce that their jointly developed Turbine Access System (TAS) has successfully completed offshore trials. The TAS was fitted to Turbine Transfers’ 24m Cemlyn Bay for a four week trials period at RWE’s Rhyl Flats offshore windfarm off the coast of Wales
US Fleet Forces Command (USFF) names Rear Adm. Ann Phillips, & Rear Adm. Joseph Tofalo to enquire into 'San Jacinto/Montpelier' collision. U.S. Fleet Forces Command (USFF) assigned a flag officer to lead an administrative investigation and established a safety board to review the facts