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
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
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
Capt. Richard Phillips, who was taken hostage by Somali pirates in 2009 and whose story is the subject of a new film starring Tom Hanks, will be joined at the National Press Club 10, October 2013, by Capt. Steven Werse, Secretary-Treasurer of the International Organization of Masters, Mates and Pilots. Captain Richard Phillips, who survived a harrowing ordeal at sea in 2009 when his ship the Maersk Alabama was boarded by Somali pirates and whose story is the subject of a new feature film
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.
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
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
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.
(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)
The United Kingdom Hydrographic Office (UKHO) has launched its latest edition of ADMIRALTY Digital Publications (ADP), Version 14. Free as an upgrade to existing users and available as a 3 month free trial to new customers. UKHO inform that 75% of the world's fleet of vessels over 2
AIG Commercial Asset Finance (AIGCAF) and its affiliates have provided a $400 million loan for vessels owned and operated by Nautical Solutions, LLC, which is an operating unit of Edison Chouest Offshore (Chouest). Proceeds from the loan were used to refinance existing notes and to provide for the
Fugro Seacore recently collected the New Mechanical Product of the Year award for the WaveWalker 1 walking jack-up at this year’s British Engineering Excellence Awards (BEEAs). WaveWalker is an eight-legged walking jack-up barge (self-elevating work platform - SEWP) which was designed
Environmental Drilling Solutions (EDS), a provider of drilling waste management, solids control and backyard management solutions to the oil and gas industry, announced two senior-level additions to its management team: John Meckert as chief executive officer (CEO) and John Marty III as business
At a hearing today at Truro Crown Court, the owner/skipper of a fishing boat was handed a 28 day prison sentence - suspended for two years - and ordered to pay £500 in costs after pleading guilty to breaches of the International regulations for Preventing Collisions at Sea.
Decommissioning industry body Decom North Sea (DNS) is launching a new training course to give an overview of the sector. With decommissioning spend forecast to be around £1 billion a year for decades to come and the government recently announcing changes to bring more stability to the
As the new Hollywood blockbuster Captain Phillips premiers around the globe, InterManager has welcomed the focus the movie brings to the role of the seafarer. Captain Phillips, which stars Tom Hanks in the title role, retells the story of the kidnapping by Somali pirates of the US-flagged
Markel International, a specialist insurer with a worldwide product portfolio, appointed Matthew Cannock as Managing Director of Markel International in Singapore. The Monetary Authority of Singapore has approved his appointment as Managing Director and as Principal Officer.
U.S. Transportation Secretary Anthony Foxx today administered the oath of office to former U.S. Congresswoman Betty Sutton who becomes the tenth Administrator of the U.S. Department of Transportation’s Saint Lawrence Seaway Development Corporation (SLSDC).
In 2008 the USCG issued the tanker final rule for salvage and marine firefighting (SMFF) under the Oil Pollution Act of 1990. This rule primarily required tank ships and barges carrying oils as defined in the 33 CFR 155 as cargo to pre-contract qualified salvors to promptly respond to a marine
Marinexplore, the ocean’s big data platform, today announced that Dr. Christopher W. Clark, Director of the Bioacoustic Research Program at the Cornell Lab of Ornithology, will join the Silicon Valley company as Vice President of Acoustic Data & Environmental Science
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
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
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
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