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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


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


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.


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.


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


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


Subsea 7 Secures Contract Offshore Egypt

Rockwater 2 (Photo: Subsea 7)

Offshore services provider Subsea 7 S.A. announced today it has been awarded a contract from Burullus Gas Company S.A.E. for the platform extension and tie-in on the first phase of the West Nile Delta development of the Taurus and Libra fields by BP, offshore Egypt.   Subsea 7 did not specify a precise contract value, but called the award “sizable” in the range of $50 million to $150 million.  


MISC Enters Thai Offshore O&G Market

Pairoj Kaweeyanun, President of Chevron Offshore Thailand, Ltd., and Tuan Syed Hashim Syed Abdullah, Vice President Offshore Business of MISC Berhad, after the signing of agreement between Chevron Offshore (Thailand) Ltd. and MISC Offshore Floating Terminals (L) Limited. (Photo: MISC Berhad)

    Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.   MISC’s wholly-owned subsidiary, MISC Offshore Floating Terminals (L) Limited (MOFT) signed a contract for


New Crane Orders for Huisman

illustration of the 5,000mt Allseas Tub Crane

Huisman has secured new crane contracts with a total value of around 300 million Euro from various major offshore, shipping and wind farm installation contractors: •    2 x 900mt Heavy Lift Mast Cranes for BigLift Shipping;


ABS Makes it Safer to ‘Walk to Work’

ABS promoting the security of life and property and preserving the natural environment through the development and verification of standards

ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers. “As advanced crew transfer options become the norm in the offshore oil and gas


Onshore Spending on the Cusp of Recovery?

Graph Source: Douglas-Westwood World OFS and OFE Market Forecast Reports Q2 2016

 DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will see the start of a barren period for the offshore OFS and OFE sectors.  


MISC Reports Higher Profit Despite Revenue Loss

Yee Yang Chien, PRESIDENT & CEO, MISC BHD

* Group revenue for the quarter and the 6 months period ended 30 June 2016, were lower than the corresponding quarter and 6 months period ended 30 June 2015.   * Group profit before tax for the quarter and the 6 months period ended 30 June 2016


Kongsberg Wins EPC Work for Heavy Lift Units

Kongsberg Maritime has been awarded offshore EPC contracts worth more than NOK 520 million from the China Merchants Heavy Industries (CMHI) covering the deliveries of to two semi-submersible heavy lift and accommodation vessels; OOS Serooskerke and OOS Walcheren


Ocean Rig UDW Beats on Revenue

Photo:  Ocean Rig

 Ocean Rig UDW Inc, the offshore drilling contractor, posted revenue of $452.6 million in the second-quarter, beating Wall Street forecasts. Three analysts surveyed by Zacks expected $385.7 million.   The company has reported second-quarter profit of $155.6 million


Svitzer Continues Its Expansion In Towage

SVITZER ODEN assisting Ebba Maersk,Gothenburg, Sweden. Photo: Svitzer A/S

 In highly challenged shipping and salvage markets, Svitzer delivered an underlying profit for Q2 2016 of USD 23m (USD 30m).   In the first 6 months of 2016, Svitzer expanded its market share in key markets. It is also in the midst of implementing several long term contracts in its


MN100: Master Marine, Inc.

Photo: Master Marine

The Company: Master Marine has provided excellent marine repair and new construction services for over 55 years to all marine sectors. Equipment includes one 750-ton floating dry-dock (152’ x 46’) inside the wing walls and one 220-ton Marine Travel lift for servicing inland and


Damen Bags Jack-up Pontoon Contract

Contract signing Clive Frost and Pascal Slingerland Photo Damen

Damen Shipyards Sharjah (DSS) in the United Arab Emirates has won a contract to build a shallow draught, self-propelled Jack-up Pontoon 3526 for the UAE-based contractor Aqua Diving Services Ltd. Once delivered, it will be used primarily to deliver offshore support services


PLSV Delivered to TechDof Brasil

Skandi Açu (Photo: DOF Group)

DOF Subsea and Technip announce the delivery of Skandi Açu and commencement of contract with Petrobras   DOF Subsea and Technip, through 50/50 owned affiliate TechDof Brasil AS, have taken final delivery of the pipe-lay support vessel (PLSV) Skandi Açu


Gibdock Records Busiest Season

Gibdock played host to four offshore support vessels at the same time at the end of June. Photo Gibdock

Simultaneous attention to four offshore support vessels at Gibdock demonstrates that the Gibraltar yard is now a regional hub for this specialized repair, maintenance and renewal work, operating as a base for mobilisation and de-mobilisation projects.


Submarine Collides off Washington Coast

USS Louisiana (SSBN 743). Photo: Official Website of the United States Navy

 The ballistic-missile submarine USS Louisiana and a Navy offshore support vessel collided while conducting routine operations in the Strait of Juan de Fuca off the coast of Washington state on Thursday (August 18, 2016), informs  the United States Navy.  


MN100: Eastern Shipbuilding Group, Inc.

(Photo: Eastern Shipbuilding Group, Inc.)

The Company: Eastern’s original shipyard was established in 1976 for the purpose of constructing commercial fishing boats for the company’s founder and President, Brian R. D’Isernia. By 1980, 26 commercial fishing vessels had been constructed and delivered


Cathelco MGPS for Latest Lamprell-built Jack-up

Lamprell Rig Under Construction (Photo: Cathelco)

Cathelco will provide a marine growth prevention system (MGPS) for the latest in a series of jack-up drilling rigs to be built by Lamprell, the UAE based  leading provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas and renewable energy






 
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