Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) announced today that it has been awarded new three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP plc, Royal Dutch Shell and OMV Group, to transport the oil produced from the new Glen Lyon FPSO which is part of the Quad204 development located west of Shetland in the North Sea. The CoAs are expected to commence in the first half of 2017 with the requirement for approximately two shuttle tankers. The Partnership expects to service these new CoAs with its existing CoA shuttle tanker fleet. “We are pleased to announce these new strategic shuttle tanker contracts, which further builds on the Partnership’s leading market position in the North Sea,” commented Peter Evensen, Teekay Offshore’s Chief Executive Officer. “These contracts further enhance our CoA contract portfolio and are expected to add future cash flow through higher shuttle tanker fleet utilization without the need for incremental capital expenditures. Looking ahead, the shuttle tanker market in the North Sea is expected to remain tight supported by a combination of more lifting points from new fields coming on-line and limited fleet growth with no uncommitted shuttle tanker newbuildings on order.”
US Department of Defense awards New Year contracts to BAE Systems & Science Applications International Corp. BAE Systems Norfolk Ship Repair, Norfolk, Va., was awarded a US$50,180,546 undefinitized contract action as a modification to a previously awarded cost-plus-incentive-fee contract (N00024-10-C-4308) for the USS Mitscher (DDG 57) fiscal year 2013 extended drydocking selected restricted availability
San Donato Milanese (Milan), 3 May 2011 – Saipem has been awarded new E&C Offshore contracts worth in excess of $1 billion in China and Brazil. The offshore activities for both the contracts will be performed mainly by the newly-built and highly-specialized Saipem FDS 2 vessel, in different periods between 2012 and 2013. In China, Husky Oil China Ltd awarded Saipem the contract for the Liwan 3-1 Field – Deepwater EPCI
San Donato Milanese (Milan), 9 March 2011 – Saipem has been awarded new E&C Offshore contracts worth in excess of $2.2 billion. In Saudi Arabia, Saudi Aramco awarded the EPIC contract, in the framework of the Al Wasit Gas Program, encompassing the offshore development of the Arabiyah and Hasbah fields, located approximately 150 kilometres northeast of Jubail industrial city, in the Arabian Gulf. The complete development of the two fields encompasses the engineering, procurement
Transas Marine Pacific and its local representative in Indonesia have been awarded new contracts from the Government Department of Sea Transportation to supply and install Vessel Traffic Management Systems for Samarinda and Banjarmasin ports. In addition, Transas will upgrade the current VTS system in the Semarang port with a fully redundant AIS Base Station T214. The new VTS systems will be based on Transas flexible and accurate Navi-Monitor solution developed for monitoring and
NYC Awards New Ferry Service Deal to Hornblower New York City Mayor Bill de Blasio announced that the Citywide Ferry Service is on track to launch in 2017, with the selection of Hornblower, Inc. as its operator. The new service, which will include up to 20 boats and connect 21 New York City eighborhoods for the price of a single subway ride ($2.75) is scheduled to be fully operational by 2018, and is estimated to carry 4.6 million trips per year across six routes.
Ocean Installer has been awarded a contract for SURF support work in Brazil for Saipem. The contract which will see the Normand Clipper in Brazil for 8 months is valued at circa USD 50 million, with options to extend. Ocean Installer will support Saipem with their installation of multiple Steel Catenary Lazy Wave Risers, Free Standing Hybrid Risers and Export Pipelines for the Iracema and Pre-Salt projects in the Santos Basin Pre-Salt Area for Petrobras
Subsea 7 Inc. (Oslo Stock Exchange: SUB) reported results for the first quarter of 2009. Quarter Highlights: • Good project execution and profitable in all regions. • Successful completion of a number of projects, including Chevron’s Tombua Landana development. • Awarded contract by Petrobras in Brazil valued at approximately USD 200 million in support of the Tambau Urugua and P-56 developments.
The Offshore Technology Conference (OTC), which takes place May 4-7 in Houston, has announced 17 technologies that will receive the Spotlight on New Technology SM Award. The 2015 awards will be presented May 4, in the NRG Center Rotunda Lobby. The Spotlight on New Technology Awards—a program for OTC exhibitors—showcase the latest and most advanced hardware and software technologies that are leading the industry into the future
In recognition of his extraordinary contributions and visionary leadership, Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta received the Seamen’s Church Institute (SCI) 32nd annual Silver Bell Award Thursday, June 11. The award, bestowed to Mr. Alemán Zubieta at the SCI’s annual award dinner in New York City, acknowledges an individual’s outstanding commitment to merchant mariners and the issues facing the maritime industry.
Netherlands-based Sea Trucks Group (STG) said it has secured a contract award from an oil major in West Africa. STG was awarded an inspection, maintenance and repair contract for anoil major in West Africa with commencement during Q4 2016
The ESPO Award 2016 will be presented to the port authority that succeeds the best in safeguarding and further upgrading the nature in the port area, both on land and at the waterside. The five projects that are shortlisted for this year’s Award are the projects of Bremen
Transnet National Port Authority women flew the flag high at the Women in Transport Awards which took place at the Durban ICC on 18 October 2016. The Women in Transport Awards is a collaborative platform co-located with the African Ports Evolution conference and exhibition
The 2016 SHIPPINGInsight Award was presented to Eagle Bulk Shipping, and its technology partners Veson Nautical and Accuritas Global Solutions, at the SHIPPINGInsight 2016 Fleet Optimization Conference & Exhibition in Stamford, Conn.
Mediterranean Shipping Company (MSC) has been acknowledged for its environmental efforts, picking up the top award for Greenest Ship of the Year at the International Green Shipping Awards. Held this week as part of a summit event in Rotterdam
Iran has invited global energy giants to a tender for the development of several of its key oil sector projects. The National Iranian Oil Company (NIOC) via an announcement has called on foreign exploration and production companies to submit the required pre-qualification
Sea Trucks Group said it has secured a contract award from Tullow Ghana Limited for the provision of a Construction Support Vessel (CSV) providing Accommodation and Heavy Lift services to the turret moored FPSO Kwame Nkrumahe, located in the Jubilee Unit Area, 60 km offshore Ghana.
Brunswick Commercial & Government Products (BCGP) said it has been awarded a multi-year, multi-unit contract valued at $72 million. The single-award, indefinite-delivery/indefinite-quantity contract is for both 32-foot and 37-foot Boston Whaler Justice boats and will include spare
Ellicott Dredges, LLC announced contracts for three new custom-designed dredges, all scheduled to be delivered before the end of 2017. In the first instance a major international chemical company selected Ellicott to build a custom electric bucketwheel dredge to mine salt in a very hard
Mitsui O.S.K. Lines, Ltd. today announced that its “MOL Body FIT Exercise” was awarded the “The Best Practice Award of Seafarers Onboard Safety, 2016 MLIT” from the Ministry of Land, Infrastructure, Transport and Tourism (MLIT)
ABS, a classification and technical services provider to the offshore and marine industries, has been recognized by the Singapore Maritime Institute (SMI) as this year’s recipient of the Honorary SMI Collaboration Award. Guest of honor Lucien Wong
The largest fast passenger ferry order for a U.K. shipyard in over 25 years has been confirmed by MBNA Thames Clippers. Two new 170 capacity passenger boats will be built at the Wight Shipyard Co on the Isle of Wight, and will join London’s growing river transport network in summer 2017.
Developers of a new shipyard in Saudi Arabia say the facility will be the largest maritime yard in the world providing a range of services, including large shipbuilding, large ship repair, offshore rigs fabrication and offshore support vessel repair.
Container Corporation of India (Concor) has formed a consortium with APM Terminals B.V., John Keells Holdings and Maersk Line in order to bid for the development of East Container Terminal in Colombo, reports Hindu Business Line.
The Port of Long Beach and Long Beach Container Terminal have received a Clean Air Award for working to reduce pollution in Southern California with the Middle Harbor redevelopment project. Given by the South Coast Air Quality Management District