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Contract Offshore

Hallin Awarded $8M West Africa Project

Photo courtesy Foster Marketing Communications

Integrated subsea contractor Hallin Marine is mobilizing its vessel, Ullswater, after winning a saturation diving contract offshore Angola. The DP2 Ullswater, equipped with saturation and air diving systems, a Hallin C-ROV and all personnel, will repair a 16-inch pipeline and carry out inspections on various platforms. Operatec, an Angolan company, and Superior Energy Services have been performing diving services under a long term maintenance contract since mid 2009.  The Ullswater saturation diving project is an extension of this ongoing maintenance contract. The contract, with a combined value of nearly $8m, in water depths of up to 110 meters, will start almost immediately and is expected to last for up to two months. www.hallinmarine.com


Offshore Service Provider's 'Excellent' 2012 Profits

UK's James Fisher & Sons plc announces its results for the year ended 31 December 2012. Highlights: ·      Revenue increased by 18%, underlying operating profit by 14% and underlying earnings per share 15% ·      Strong performance resulting from the Group's strategy to focus on high growth niche marine services markets ·      Specialist Technical benefitted from the BP Angola contract


Gulf Of Mexico Rig Count Declines

The U.S. Gulf of Mexico rig count declined for the first time in four weeks, according to Offshore Data Services' weekly mobile offshore rig count. This week, 149 of the 191 rigs deployed in the U.S. Gulf of Mexico are under contract, two less than were under contract last week. U.S. Gulf offshore rig utilization now stands at 78.0 percent. The European offshore rig count declined by one rig, the result of a contracted rig moving out of the area


Claxton Wins its Biggest Riser Contract Offshore Norway

Claxton drilling riser being run offshore Norway

Claxton, an Acteon company, has been awarded a multiyear contract with Det norske oljeselskap ASA of Norway: the largest single riser contract in Claxton’s history. Running from January 2014 until June 2020 (with optional periods of 1+1 year), the contract includes high- and low-pressure risers, auxiliary equipment and services offshore Norway. The scope of work includes the procurement of high and low-pressure surface risers for the lvar Aasen field development; the rental of a


AMEC Wins FPSO Contract Offshore Brazil

AMEC announced that it has been selected by Brazilian company QUIP to perform basic engineering services for the topsides of the P-63 floating production, storage and offloading (FPSO) vessel, to be operated on behalf of Petrobras, Brazil’s national oil company. The contract, the value of which has not been announced, begins immediately and will run until mid-2010. The P63 FPSO will develop the Papa Terra heavy oil field in the Campos Basin, offshore Brazil


Rig Counts Fall Since Last Week

The U.S. Gulf of Mexico offshore rig count lost some of the ground it had made up in the last few weeks, according to Offshore Data Services' weekly mobile offshore rig count. The U.S. Gulf offshore rig count fell by two rigs on a week-to-week basis. The decline ends a five-week rally of higher utilization rates in the region. This week, 133 of 188 mobile offshore drilling units in the U.S. Gulf are under contract. U.S. Gulf rig utilization is 70.7 percent.


Gulf Of Mexico Rig Count Increases

The U.S. Gulf of Mexico offshore rig count continues to rebound, according to Offshore Data Services' weekly mobile offshore rig count. This week, 149 of the 191 mobile offshore drilling rigs in the U.S. Gulf are under contract, a four-rig increase over last week's week count and a seven-rig increase on a month-to-month basis. U.S. Gulf rig fleet utilization this week is 78.0 percent. The European offshore rig count continues to decline


Worldwide/U.S. Gulf Rig Counts Rise

The U.S. Gulf of Mexico and worldwide offshore rig counts increased since last week, while the European offshore rig count was unchanged, according to Offshore Data Services' weekly mobile offshore rig count. The worldwide offshore rig count increased by five compared to last week. This week, 471 of world's 631 mobile offshore drilling units are under contract. Worldwide offshore rig utilization is 74.6 percent. The U.S


Ezra Holdings Wins $262.7m Charter Contract

Ezra Holdings was awarded a 4-year contract from an oil major to charter its Floating Production, Storage and Offloading, or FPSO facility. The charter contract comes with an extension option of up to 3 years which, when exercised. Ezra is an integrated offshore support and marine services provider listed on the Singapore Exchange. Ezra's oil tanker M.T. Kitty Knutsen will be converted into the FPSO at a yard in Dubai.


Teekay Offshore Signs Brazil Shuttle Tanker Contract

Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) TOO -0.92% , announced today that it has entered into a new long-term contract with a subsidiary of BG Group plc (BG) to provide shuttle tanker services in Brazil.   The contract with BG will be serviced by four Suezmax-size DP2 shuttle tanker newbuildings to be constructed by Samsung Heavy Industries in South Korea


MODEC FPSO Achieves First off Brazil

FPSO Cidade de Itaguai MV26 (Photo: MODEC)

MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil, has achieved First Oil production on July 31, 2015, five months ahead of the schedule anticipated under the contract.  


First Damen Twin Axe Workboat for Middle East

Handing over ceremony held yesterday

  Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group on 20 August 2015. This is the first Damen Twin Axe vessel to be used in the Middle East for safe passenger and crew transfer as well as for the transport of


Harkand: Expanding the Fleet, Growing a Global Business

The DP2 multi-purpose service and ROV vessel, the Siem Spearfish, operates globally.

International inspection, repair and maintenance (IRM) company Harkand aims to be a $1 billion company. MR’s Tom Mulligan recently met with John Reed, the company’s CEO, to discuss his vision for the future and how Harkand aims to achieve its goal of being the leading subsea IRM and


HHI Orders Regasification Systems from Wärtsilä

The Wärtsilä regasification module seen here with storage tank and filter/heater module (Photo: Wärtsilä)

South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed on floating storage and regasification unit (FSRU) vessels owned by Höegh LNG


The FPSO Cost Discussion

Packed with “optimized technology”: The ENI FPSO at tow-out from its Korean yard.  Credit: Courtesy Eni Norge

At first, the oil-price and project-cancellation forecasts had hushed the audience at FPSO Europe Congress 2015. Speaker No. 1 had delegates looking at each other for signs of fear. Then, rival contractors — veterans of many a bitter tender — piled on the logic of their own methods for


NNPC Ends Offshore Processing Agreements

Nigeria's state oil company has cancelled its contract for the delivery of crude to the country's refineries in Warri, Port Harcourt and Kaduna, it said on Wednesday.   Oil sales account for about 70 percent of government revenue in Nigeria, Africa's top crude producer


Ulstein Verft Launches its Largest Ship to Date

Measuring close to 160 meters in length, Yno 302 is the largest vessel built by Ulstein Verft so far (Photo: Ulstein)

On August25, shipbuilder Ulstein Verft launched from its dock hall a special offshore construction vessel, Yno 302, for Island Offshore and Edison Chouest Offshore.   The newbuild measures close to 160 meters in length with at beam of 30 meters


CWind Awarded O&M Crew Transfer Contract

Photo: Crown Estate

CWind, a provider of integrated services to the wind industry, announced it has won a three-year contract to supply crew transfer services during the operations and maintenance (O&M) phase at Gunfleet Sands offshore wind farm (OWF) off the coast of Essex.


Survey Underway for Morecambe Bay LNG Project

Photo courtesy of Bibby HydroMap

Seabed survey company Bibby HydroMap have begun survey operations on the proposed LNG project off Morecambe Bay. The work program comprises geophysical, geotechnical and environmental surveying of the proposed pipeline route to shore and will be undertaken using a multi-vessel approach


Hoover Debuts Offshore Acid Tanks

Image: Hoover Container Solutions

Hoover Container Solutions, a provider of chemical tanks, cargo carrying units and related products and services, has introduced acid tanks intended for transport and storage of a range of corrosive liquids and chemicals as the newest addition to its offshore product line.  


Work Maintenance Vessel Delivered to Otto Marine

Nautical Aliya (Photo: Otto  Marine)

Otto Marine Limited, an offshore marine company, announced that further to a long-term bareboat charter contract that was secured in June 2015, it has taken delivery of a 238-man work maintenance Vessel to fulfill that charter.   The delivery ceremony for the vessel, Nautical Aliya


Eastern to Build 4 Towboats for IWL River

Image: ESG

IWL River, Inc., a Impala Terminals Colombia affiliate, and Eastern Shipbuilding Group, Inc. (ESG) on May 20, 2015 signed a contract for the construction of four 134-foot ABS Classed Inland River, Triple Screw Towboats each with a Retractable Pilothouse (ESG Hulls 243-246)


Boskalis Posts Highest Profit

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  Royal Boskalis Westminster N.V. (Boskalis) achieved a very busy first half year with historically high profit and realized a net profit of EUR 306.5 million in the first half of 2015, a rise of 21% (H1 2014: EUR 253.0 million). Revenue in the first half of the year rose 1.6% to EUR 1


UDS Strikes Deal to Build Dive Support Ship in China

Ultra Deep Group (UDS) signed another contract with China Merchants Heavy Industry to build a Ultra Deep Installer – Multipurpose Diving Support Construction Vessel.

Ultra Deep Group (UDS) signed another contract with China Merchants Heavy Industry to build a Ultra Deep Installer – Multipurpose Diving Support Construction Vessel. Even though the oil market remains in the doldrums, Singapore-based UDS is powering ahead with tis strategic plan to


ISS Bags Tanzania's Paragon project

Paragon Offshore’s jack-up rig M826 in position.

  Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years.






 
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