Contract Awarded

U.S. Navy Awards Ingalls $620 Million Shipbuilding Contract

Ingalls has been awarded a $620 million contract to build two additional DDG 51 Class Aegis guided missile destroyers for the U.S. Navy. The two-ship contract awarded represents the exercise of an option included in a multi-year, multi-ship contract awarded to Ingalls last year. With the award, Ingalls has 21 Aegis destroyers under firm contract; and holds options for four additional ships which will be awarded over the next two years. Of the 25 ships and options awarded to Ingalls, 11 ships have been delivered. A 12th Ingalls-built destroyer will be delivered in January. The Navy plans a total of 57 ships in the DDG 51 program.

Conrad Industries Awarded Contract

Conrad Industries has been awarded a $5.5 million contract for the United States Army Corps of Engineers. The contract award calls for the design and construction of a 255-foot crane barge with a fully equipped machine and fabrication shop. When delivered, the vessel's primary mission shall be the support of maintenance dredging and repair of navigation structures and facilities for the Nashville District of the United States Army Corps of Engineers.

Subsea 7 Wins GofM Pemex Contract

Subsea 7 S.A. announce a contract award by Pemex to its Mexican joint venture valued at approximately US$90-million. The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers (a slug catcher is a storage vessel used to separate oil, water and gases and regulate flow within a pipeline)  and two cantilever structures for the Line 67 Project in the Bay of Campeche. This is the second contract awarded to the joint venture.

North Sea, Asia Pacific, Contracts for DOF Subsea

DOF Subsea Group has secured multiple contract awards with a total contract value of about US$ 130-million. In the North Sea region DOF Subsea has secured multiple contracts. The contracts have been agreed with key clients in UK and Norway. The scopes comprise installation of mooring system and flexible flowline systems, construction support, survey and inspection work and will be executed with the vessels Skandi Skolten, Geosund, Geoholm and the new built Skandi Bergen

Nuclear Propulsion Contract Awarded

Bechtel Plant Machinery, Inc., Schenectady, N.Y., is being awarded a $31,325,116 cost-plus-fixed-fee modification to previously awarded contract (N00024-02-C-2102) for Naval nuclear propulsion components. Work will be performed in Schenectady, N. Y. (67 percent) and Pittsburgh, (33 percent). Contract funds will not expire at the end of the current fiscal year. No completion date or additional information is provided on naval

$17.5M Bunkering Contract Awarded

Vane Line Bunkering Inc.*, Baltimore, Md., was awarded on March 14, 2007, a $17,507,083 firm-fixed-price contract for Atlantic Dedicated Barge Transportation Services.Work will be performed in Baltimore, Md., and is expected to be completed by March 31, 2012.Contract funds will not expire at the end of the current fiscal year.There were an unknown number of bids solicited via the World Wide Web on Oct. 17, 2006, and one bid was received

Diamond Offshore Awards $34M In Rig Contract

Keppel FELS Energy & Infrastructure won contracts worth a total of $34 million from subsidiaries of Diamond Offshore Drilling Inc. The contracts awarded to units Keppel FELS Ltd. and Amfels Inc. are for conversion of four rigs so they can drill in deeper water, the firm said in a statement. - (Reuters)

Orion Announces $20 Million Contract Award

Orion Marine Group, Inc. (NYSE:ORN), a marine contractor serving the infrastructure sector, announced  May 15, 2012 a contract award of approximately $20 million. Orion Marine Group was recently awarded a contract for the demolition and rehabilitation of an existing wharf structure on the Lower Mississippi River for a private customer. Onsite construction of the project is expected to commence in the second quarter and last approximately 12 months

NASSCO Named Prime Contractor

National Steel and Shipbuilding Company (NASSCO), a General Dynamics company, has been appointed the prime contractor on $17.4 million in research and development contracts awarded by the Maritech Advanced Shipbuilding Enterprise (ASE) program. In addition to Maritech awarded funds, industry participants will invest $23.5 million of their own funds in the projects for a total cost of $40.9 million. Leading a team of U.S

NASSCO Named Prime Contractor

National Steel and Shipbuilding Company (NASSCO), a General Dynamics company, has been appointed the prime contractor on $17.4 million in research and development contracts awarded by the Maritech Advanced Shipbuilding Enterprise (ASE) program. In addition to Maritech awarded funds, industry participants will invest $23.5 million of their own funds in the projects for a total cost of $40.9 million. Leading a team of U.S