Marine link
 

MARATHON LETOURNEAU

Transocean Agrees to Sell Three U.S. GoM Jackups

Transocean Inc. has entered into a definitive agreement with Hercules Offshore, Inc. to sell three of its U.S. Gulf of Mexico jackup drilling rigs and related equipment for $320m. The sales of the GSF Adriatic III, GSF High Island I and GSF High Island VIII will mark Transocean's exit from the shallow-water area of the U.S. Gulf of Mexico. The sales are expected to be consummated at the conclusion of each rig's current contract commitment and are subject to customary closing conditions, including regulatory approvals. The agreement has been approved by the Boards of Directors of both companies. Built in 1982, the GSF Adriatic III is a Marathon LeTourneau 116C design jackup with a water depth capability of 350 feet. Built in 1979 and 1981, respectively, the GSF High Island I and the GSF High Island VIII are Marathon LeTourneau 82-SDC design jackups with a water depth capability of up to 250 feet.


Global Marine Announces Two Long-Term Drilling Contracts Offshore West Africa

Houston-based offshore drilling contractor Global Marine today announced it received a letter of commitment from Elf Petroleum Nigeria Limited, a subsidiary of TotalFinaElf, for two-year contracts for both the Glomar Adriatic I and Glomar Baltic I jackup rigs to work on the Amenam/Kpono field offshore Nigeria. Elf Petroleum Nigeria Limited on behalf of the Nigerian National Petroleum Corporation and Mobil Producing Nigeria Unlimited operates this field development project


News: Trinity Launches Barge for Marathon

Trinity Launches Barge for Marathon Trinity Marine Products held a barge launching ceremony recently at its Madisonville, La., barge-building facility. The barge launch marks the completion of the first tank barge manufactured by Trinity Marine Products for Marathon Ashland Petroleum, LLC, as part of a new five-year contract between the companies. Trinity Marine Products signed a five-year contract with Marathon Ashland Petroleum in July 2002


LeTourneau Tech Signs $185m Construction

Rowan Companies, Inc. (NYSE: RDC) announced today that its manufacturing subsidiary, LeTourneau Technologies, Inc. (LTI) has signed contracts valued at approximately $185m with a Brazilian construction consortium to provide the rig kit, rig design and drilling equipment for two LeTourneau Super 116E jack-up rigs. The two Super 116E jack-up rigs are to be built at Petrobras' Maragojipe, Bahia, Brazil facility by the Consorcio Rio Paraguacu


Lamprell Wins US$ 227 Million Contract for Jackup Rig

Lamprell's Hamrivah yard to construct mobile drilling platform, to a LeTourneau design, for an international contractor Lamprell, a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas and renewables industry,  announce that it has received a US$ 227 million new contract award from an international drilling contractor for the construction of a jackup rig.


MN 100: Marathon Petroleum Corporation

MARATHON LOGO.jpg

539 South Main Street Findlay, OH 45840 Phone: 419 422 2121 Website: www.marathonpetroelum.com E-Mail: CustRelations@marathonpetroleum.com Senior Vice President, Transportation & Logistics: George Shaffner The Company: Headquartered in Findlay, Ohio, Marathon Petroleum Corporation (MPC), together with its subsidiaries, is one of the largest petroleum product refiners, marketers and transporters in the United States


Trinity Marine Hosts Launching Ceremony

Trinity Marine Products held a barge launching ceremony on February 14 at its Madisonville, La., barge-building facility. This Barge Launch marks the completion of the first tank barge manufactured by Trinity Marine Products for Marathon Ashland Petroleum, LLC, as part of a new 5-year contract between the 2 companies. Local dignitaries and representatives from both companies will be on hand for the event.


Husky Energy Agrees To Acquire Marathon Canada

Husky Energy, through a wholly owned subsidiary, has agreed to acquire all of the issued and outstanding shares of Marathon Canada Limited and the Western Canadian assets of Marathon International Petroleum Canada, Ltd. The total purchase price is $588 million (U.S.). Production from Marathon Canada is approximately 27,000 gross barrels of oil equivalent per day (boe/d). The effective date of the transaction is October 1, 2003.


Marathon 2Q Profits Plunge with Oil Prices

According to an Associated Press report, Marathon Oil Corp. said its second-quarter profit fell 47 percent from a year ago when crude barrels fetched twice the price. Houston-based Marathon said net income of $413m, or 58 cents a share for the April-June period. That compared with earnings of $774m, or $1.08 a share, in the same quarter last year. (Associated Press)


Aker Solutions Sign Subsea Alvheim Contract

Aker Solutions sign contract with Marathon Oil Norge for the delivery of subsea trees to the Alvheim field on the Norwegian continental shelf. The contract includes the delivery of four subsea trees and associated equipment. The contract is part of the frame agreement, covering the North Sea and Europe, between Marathon Oil Norge, a wholly owned subsidiary of Marathon Oil Corporation, and Aker Solutions.   "Our dedicated subsea teams in Norway and the UK look forward to execute


Spaniards Sparkle in Volvo Ocean Race

The Volvo Ocean Race fleet against a Newport bridge backdrop. Photo by Volvo Ocean Race

 Spanish boat MAPFRE led the Volvo Ocean Race fleet out of Newport, Rhode Island, and into the most challenging of the remaining three legs through the North Atlantic, reports AFP.   Newport was the only North American stopover on this year's race, which ends in June in Goteborg, Sweden


MPC Honors Crowley for Tank Vessel Safety

Photo: Crowley

Crowley Maritime Corporation’s petroleum services division has once again been honored by Marathon Petroleum Company (MPC) with its annual Elite Vessel Award, which is given to tank vessel operators who demonstrate commitment to safety, environmental stewardship and operational excellence.


Team Alvimedica Wins Lorient In-Port Race

Team Alvimedica. Photo credit by Ricardo Pinto, Volvo Ocean Race

 Though Abu Dhabi Ocean Racing extended their lead in the Volvo Ocean Race in-port series French town Lorient on the coast of Brittany, it was Team Alvimedica who took the victory, serving up a perfectly constructed race as they selected the best wind.   


The Emirati Crew Leads Volvo Ocean Race

Photo: Volvo Ocean Race

 Abu Dhabi Ocean Racing had the Volvo Ocean Race trophy within their grasp as the seven boats entered the final lap on Saturday heading for Gothenburg after a one-day ‘pit-stop’ in The Hague, reports the Khaleej Times.  


Temporary Waterside Security Zone at Boston

  The Captain of the Port (COTP) Boston is establishing a temporary waterside security zone at the John Joseph Moakley Court House, Boston MA for the court proceedings of the Boston Marathon bombing suspect Dzhokhar Tsarnaev. The security zone will be effective and enforced starting on


Local Glitches Drag U.S. Refinery Capacity Down

U.S. oil refiners work to recover from weekend glitches, fires. Three of the largest U.S. oil refineries will be working to restore operations on Tuesday after a series of weekend glitches temporarily knocked out some 1 million barrels per day (bpd) of processing capacity


Lamprell Delivers Drilling Rig to Dev Drilling

Jindal Pioneer during its successful jacking trial held in December 2014

The Lamprell Group delivers its 12th Super 116E jackup drilling unit.   Lamprell has announced the completion of construction on the jackup rig Jindal Pioneer and its delivery to Dev Drilling Pte Ltd of Singapore, a D. P. Jindal Group Company.    


Building Unions Return to Kentucky Refinery

  Workers represented by the Building Trades Unions will return to Marathon Petroleum Corp's refinery in Catlettsburg, Kentucky on Monday, even as a strike by the United Steelworkers drags into a second week, documents obtained by Reuters show.


Lamprell Delivers Jackup Rig to Greatship

Lamprell announced it has completed construction on jackup drilling rig Greatdrill Chaaru, delivering the rig to Greatship Global Energy Services Pte. Ltd.    Greatdrill Chaaru has been designed according to the LeTourneau Super 116E (Enhanced) Class design


USCG Rescues 2 from Vessel Near Everglades National Park

USCG Resuce two men from sinking vessel

  Two men are safe after the Coast Guard rescued them from their partially submerged vessel near Everglades National Park Tuesday morning. Coast Guard 7th District Command Center watchstanders received an Emergency Position Indicating Radio Beacon signal Tuesday morning


Imtech Supplies HVAC System to Marathon Oil Platform

Image: Imtech Marine

On December 19, 2014 Heerema Fabrication Group (Zwijndrecht) awarded Imtech Marine a contract to supply the heating, ventilation and air conditioning (HVAC) system to the 6,000-metric-ton Alba B3 Greenfield compression platform, which is currently under construction for Marathon E.G


American Boat Leads in Volvo Ocean Race Leg 5

Team Alvimedica: Volvo Ocean Race

 As the six-strong fleet Volvo Ocean Race continued to endure a helter-skelter ride toward Cape Horn in the Southern Ocean, the American boat Team Alvimedica took the lead, reports AP.   The Volvo Ocean Race fleet in the wild Southern Ocean was fighting two battles on Sunday –


Northern Offshore Delays Deliveries for Two Jack-up Rigs

Energy Engager / Encounter: Northern Offshore Ltd

 The Houston-based Rig player Northern Offshore has negotiated a nine month delay for the delivery of two high specification jack up rigs Energy Engager and Energy Encounter.    It will push back the delivery of the Energy Engager and Energy Encounter from a shipyard in China


Nor-Shipping Fun Run

Photo: The Mission to Seafarers

A 5-kilometer fun run will be held at Norway’s Nor-Shipping conference on June 1 to benefit The Mission to Seafarers.   Starting in Oslo city centre, the scenic course will takes runners along the Oslofjord, finishing at the Norwegian Maritime Museum


Lamprell Delivers Rig to National Drilling Co.

NDC6 Butinah Naming Ceremony

  Lamprell announced the construction of the jackup drilling rig, the “Butinah”, and delivery to Abu Dhabi’s National Drilling Company (NDC) safely and within budget.   This comes following an announcement last week where NDC exercised one of its existing






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright