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


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


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


U.S. Offshore Rig Count Increases

The U.S. Gulf of Mexico offshore rig count increased for the third consecutive week, according to Offshore Data Services' weekly mobile offshore rig count. Today, the U.S. Gulf rig count stands at 151, a one-rig increase since last week. Total fleet size is unchanged at 191 rigs. Fleet utilization this week is 79.1 percent. The European offshore rig count is unchanged from last week. Of the 107 mobile offshore drilling rigs deployed in the area


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.


Aker Yards to Build Supply Vessel for Island Offshore

Aker Yards has signed a contract with Island Offshore in Ulsteinvik, Norway to deliver one UT 776 CD Platform supply vessel. The total value of the contract is approximately $48.9m. This is the 23rd contract between the ship owner Island Offshore and Aker Yards. The hull for the vessel will be built in Romania and outfitted at Aker Yards, Brevik. Delivery of the vessel is scheduled for July 2009.


Stolt Offshore Signs Global Contract

SeaSupplier Ltd, the marine e-procurement subsidiary of Stolt-Nielsen S.A, announced today it has signed a multi-year SeaManager ™, e-procurement contract with Stolt Offshore S.A., the world's largest operator of specialty sub sea construction and maintenance ships, pipe laying and heavy lift barges. Together with Stolt Offshore’s annual expenditure of $600 million on products and services and with SNTG, Seabulk International, RCCL, Teekay Shipping and NYK LINE


Transocean's Latest Rig Fleet Update

New contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since April 18, 2013 are included. Highlights are as follows: Deepwater Millennium - Awarded a two-year contract for work offshore Australia at a dayrate of


China Shipyards' MacGregor Order Bonanza

AHTS Fittted with MacGregor Winches

MacGregor offshore winches for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three shipyards. MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards, Fujian Southeast, Fuzhou Baima and Guangdong Yuexin Ocean Engineering


Leevac Wins HOS Shipbuilding Contract

(Photo: HOS // Leevac)

Leevac Shipyards Jennings LLC, of Jennings, LA, a subsidiary of Leevac Shipyards, LLC signed contracts with Hornbeck Offshore Services, LLC, an affiliate of Hornbeck Offshore Services, Inc. (NYSE:HOS) of Covington, La., for the construction of two  STX Marine SV 310 Multi-Purpose Supply


US-based Hercules Offshore Sells Most of Inland Fleet

Hercules Offshore agrees sale of 11 inland barge rigs, which includes 3 active rigs, 8 cold stacked rigs, & related assets  ("Inland Asset Package") for cash proceeds of approximately $45 million. Excluded from the 'Inland Asset Package' are the Hercules 27


Jaya Reports $4 Million Net Profit for 1Q 2013

Jaya Holdings Ltd. reported consolidated revenue of $24.8 million and net profit of $4.0 million for the financial quarter ending March 31, 2013. The group’s total revenue for the quarter under review was $24.8 million, 53% higher than the previous corresponding quarter


Tidewater to Acquire Troms Offshore Supply

US Firm, Tidewater, agrees with HitecVision to purchase Norway's Troms offshore, including 5 large PSV's. Tidewater say that the acquisition of Troms Offshore, headquartered in Tromsø, Norway, will expand their global footprint into the Norwegian sector of the North Sea and supplement


Subsea 7 Wins GofM Pemex Contract

Seven Borealis: Photo credit Subsea 7

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


Shipbuilding Industry Makes a Soft Landing

The  landing has been cushioned by a shift in orders from mainstream-type merchant ships towards specialised offshore segment support vessels. According to the BIMCO analysis the shipyard industry seemed to head straight for the output-abyss just 15 months ago


Advisors Forecast Offshore Wind Market Through 2022

Photo: All Energy

Energy advisors Douglas-Westwood will present at All Energy 2013, in Aberdeen, May 22, and Frank Wright, Renewable Energy Manager, will outline findings of the soon to be released Offshore Wind Market Forecast, giving a global overview of the industry through to 2022.


Bureau Veritas Publishes Annual Report and Business Review

Photo: Bureau Veritas

International classification society Bureau Veritas has issued its annual group global Activity Report and its separate Marine and Offshore Business Review. The Bureau Veritas 2012 Activity Report provides a global picture of the group's performance and key achievements in 2012 and highlights


Petrobas CEO to Deliver Keynote Address at Nor-Shipping 2013

Photo: Petrobras

Petrobras CEO, Maria das Graças Silva Foster – named one of the world’s 100 most influential people by Time magazine in 2012 – will be a keynote speaker for the New Frontiers roundtable at Nor-Shipping’s Agenda Offshore conference on June 5.


Keppel FELS Delivers Second Jackup Rig to Oro Negro

Keppel FELS delivered a second KFELS B Class jackup rig to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro. Named Laurus at Keppel FELS today, the rig was delivered eleven days early and with a perfect safety record, Keppel noted.


Cargotec Wins €22 Million Order

Cargotec's MacGregor received €22 million order to deliver a 900-ton active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd.   The crane will be installed on a 150m multi-purpose offshore construction vessel (MOCV) ordered


"Most Powerful" Rescue Vessel Commissioned

The Ocean Troll at sea

Aberdeen-based standby vessel operator Atlantic Offshore Rescue said it has commissioned what will be the U.K.’s most powerful emergency response and rescue vessel (ERRV). The Ocean Troll – which recently completed a long term charter with Statoil – has undergone a £2


MacGregor Wins Multiple Offshore Winch Orders

MacGregor offshore winches have been specified for a run of new-series small and medium AHTSV development in the 60m to 65m range.

MacGregor offshore winches have been specified for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three Chinese shipyards for several international owners.   MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards


 
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