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SUPERIOR OFFSHORE INTERNATIONAL

Superior Offshore International Announces 1Q Results

Superior Offshore International, Inc. , a leading provider of subsea construction and commercial diving services on the outer continental shelf of the Gulf of Mexico, announced operating results for the quarter ended March 31, 2007. The Company reported total revenues of $54.3 million for the first quarter of 2007, compared with revenues of $49.4 million in the prior year's first quarter, an increase of 10 percent. Revenues for the first quarter of 2007 exceeded the estimate included in the Company's Prospectus relating to its initial public offering completed on April 25, 2007.


Canadian Superior Acquires Offshore Acreage

Canadian Superior Energy Inc. acquired two major exploration licenses offshore Nova Scotia from the Canada-Nova Scotia Offshore Petroleum Board. It has been advised by the Canada-Nova Scotia Offshore Petroleum Board that Canadian Superior was successful in acquiring two large offshore drilling licenses totaling 822,000 acres offshore Nova Scotia at the Canada-Nova Scotia Offshore Petroleum Board's November 1, 2001 Land Sale (See Canadian Superior's website at www.cansup


Superior Energy Promotes Harris

Superior Energy Services promoted Paul Harris to international business development manager-Marine Division. Harris has been with Superior’s Marine Division for three years, most recently in overall business development. Harris’s new responsibilities will include increasing Superior’s international presence as well as continuing to maintain domestic business relationships. Before joining Superior, Harris worked for Danos & Curole and the Natco Group in developing trade with the United Kingdom


Superior Energy Services Inc. Opens Singapore Office

Superior Energy Services Inc. (NYSE: SPN) announces it has opened a new location in Singapore to serve as a base of operations for Superior Energy Services’ Marine Division, HB Rentals and Premier Oilfield Rentals and to be a resource for any Superior employee traveling through the region. This development is in line with Superior’s commitment to the development of international markets.


Superior Energy Acquires Hallin Marine Subsea

Superior Energy Services, Inc. announced that it has entered into an Implementation Agreement with Hallin Marine Subsea International Plc (AIM: HMS), to acquire Hallin for a price of 233 pence in cash per Hallin share. The offer values Hallin's existing issued and to be issued fully diluted ordinary share capital at approximately 103.5 million pounds sterling (approximately $168.3m based upon an exchange rate of $1.626, at the close of business on December 10, 2009)


Keppel to Build Semisubmersible for Floatel for $315 Million

Keppel FELS Limited (Keppel FELS) has entered into a Letter of Intent (LOI) with returning customer Floatel International Ltd (Floatel), to build a new generation harsh environment semisubmersible (semi) worth $315 million for delivery in July, 2014. This will be Floatel's fourth accommodation semi with Keppel FELS after the delivery of Floatel Superior and Floatel Reliance in 2010 and the order of Floatel Victory in 2011.


CITGO Introduces Aquamarine Grease

CITGO Aquamarine Grease is the latest addition to CITGO Petroleum Corporation’s family of lubricants specifically designed to provide minimal environmental impact when used in offshore or inland waterway operations. Ideal for use on offshore drilling rigs and platforms, lifts and cranes, pile drivers and dredges, the new premium grease is environmentally friendly, has superior adhesion qualities and is highly resistant to Water Wash Out.


Kongsberg Delivers Offshore Ops Simulator

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Superior Energy Services of Houston, Texas, took delivery of one of the most advanced maritime training simulators ever developed, in April 2012. The next-generation simulator from Kongsberg Maritime will be used to provide integrated, real-time training for Superior’s offshore marine personnel at its new facility in Anchorage, Alaska.   Under the terms of the contract, signed September 2011, Kongsberg Maritime supplied Superior Energy Marine Technical Services with a full


Keppel Contracted to Build Floatel Semi-submersible

Floatel Superior: Photo credit Floatel International

Keppel and Floatel sign contract for a fourth accommodation semi at US$ 315-million. Keppel FELS Limited and Floatel International Ltd (Floatel) have finalised a contract for Keppel FELS to build a new generation harsh environment accommodation semisubmersible. With delivery in early 2015, the new semi will be built to the Floatel Superior design, a DSSTM 20NS design developed by GustoMSC and Keppel FELS' Deepwater Technology Group


Kongsberg Delivers Simulator Upgrades

The new model will be used to train semi-submersible rig personnel in operation of Dynamic Positioning, position mooring system, stability / ballasting and rig move / anchoring. Photo courtesy: Harald Nordbakken.

The Simsea AS maritime training center in Haugesund, Norway, has chosen Kongsberg Maritime to support the extension of its offshore simulation facilities with new simulators and significant upgrades to existing simulators. Kongsberg Maritime has also recently delivered a new rig simulator model at Simsea, based on the Floatel Superior accommodation unit, which is currently in operation in the North Sea. Developed as a part of the K-Sim Offshore simulators installed at Simsea


Great Lakes Coal Trade Slows in November

Photo: Central Marine Logistics, Inc

Coal shipments on the Great Lakes totaled 2.6 million tons in November, a decrease of 3 percent from a year ago, as shipments were affected by weather-related delays, the Lake Carriers’ Association reported.   Shipments from Lake Superior ports totaled 1


Nordic Yards Delivers 'Wind Server'

Wind Turbine Service Jack Up Vessel

  Nordic Yards officially handed over the offshore service vessel to the Danish company DBB Jack-Up Services A/S. During the handover ceremony, the ship was named ‘WIND SERVER’. “We are proud that with this innovative offshore vessel for DBB Jack-Up we have today


Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland GmbH for the partial construction of the Wikinger Offshore Wind Farm in the German section of the Baltic Sea


DNV GL Targets Safer Approach to Subsea Lifting

(Photo: DNV GL)

The completion of a joint industry project (JIP) to improve existing standards and regulations around subsea lifting operations has resulted in a new recommended practice (RP). The recommended practice developed by DNV GL provides guidance on the proper design and correct operation


MES Delivers "Eco Friendly" Bulk Carrier

(Source: MHI)

M.V. Hanjin Chiba -- 7th Ship of the New Generation Eco-Ship “Mitsui neo56” -- 56,000 DWT Type Bulk Carrier Delivered Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. “HANJIN CHIBA” (MES Hull No


Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana will acquire Petronas’ interests of 50% of Block 0197 & 0297 (Cuu Long Basin), 40% of Block 10&11.1 (Nam Con Son Basin) and 36.85% of Block 46-Cai Nuoc (Malay-Tho Chu Basin

  SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of US$400 million


DSCV SBM Installer Sold to OS Installer

SBM Installer being towed1

  SBM Offshore has entered into an agreement to sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash. OS Installer AS is a newly established joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%)


McDermott Installs Mooring Tower off Indonesia

McDermott Successfully Completes Transportation and Installation of Banyu Urip Single Point Mooring Tower, Offshore Indonesia

McDermott International, Inc. has successfully concluded the transportation and installation of a Yoke-type Single Point Mooring tower and hook up to a Floating Storage Offloading (“FSO”) vessel for PT Rekayasa Industri offshore Indonesia in the Banyu Urip field


Cat Debuts Bundled Repair Solution at Workboat

At the 2014 International Workboat Show, Caterpillar will launch a new product support campaign, unveiling the new Cat C18 Marine Bundled Repair Solution and commercial Extended Service Coverage (ESC) for all available existing Bundled Repair Solutions.


Energy Sector Volatility Affects Middle Market M&A Activity

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Market volatility for the petroleum sector provides a backdrop to an evolving Merger & Acquisitions environment for the Offshore Sector. In the 3Q edition of Maritime Professional, this series of articles examined the overall evolution of maritime and offshore M&A activity since 2010


RWE Dea to Expand in Egypt

RWE Dea doubled its oil and gas production in Egypt

  RWE Dea doubled its oil and gas production in Egypt and drawn up expansion plans. North Africa is a strategic core region for Dea. The company is one of the leading foreign investors in Egypt and produces oil and gas in the country for 30 years by now


SBM Offshore Cuts Staff Strength

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  In light of market conditions and in order to optimise the Company’s cost base, capacity requirements have been reviewed with the objective of creating a productive environment for performing teams and maintaining our core competencies and technological edge


Great Lakes Ore Volumes Surpass 2013 Figures

Shipments of iron ore on the Great Lakes totaled 5.9 million tons in November, an increase of 5.8 percent compared to a year ago. That increase finally pushed the year-to-date total ahead of 2013’s pace. Through November, shipments stand at 53,249,990 tons, an increase of 86,721 tons.


Nordic Prince Chartered by Noble Energy

MKIII subsea service vessel Mokul Nordic has been renamed Nordic Prince

  Nordic Maritime, a leading offshore service operator, today announced its MKIII subsea service vessel Mokul Nordic has been renamed Nordic Prince and has started a long term charter for Noble Energy after arriving in Haifa, Israel.


Wärtsilä Acquires L-3 Marine Systems International

Wärtsilä Corporation is to acquire L-3 Marine Systems International from NYSE-listed L-3 Communications Holdings Inc. L-3 Marine Systems International (L-3 MSI) is a business sector within L-3’s Electronic Systems business segment primarily focused on the commercial ship industry






 
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