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Contracts Worth

Dolphin Offshore Gets $16m in Contracts

Dolphin Offshore Enterprises India Ltd said it has received two orders worth $16m for its diving support vessels.  One of the contracts worth $10m is to be executed within 3 months while the other from Punj Lloyd Ltd has a 2-month duration. Source:  Reuters


Keppel Hitachi Zosen Garners $161 Million Contract

Singapore-based ship repairer Keppel Hitachi Zosen Ltd said on Monday it won a contract worth about $161 million to build four cable-laying and repair vessels for TyCom Ltd. The company said in a statement that each of the 7,800 dwt ships would be used for installation and maintenance of the Tycom Global Network, a worldwide undersea fiber optic system being deployed by TyCom. Keppel Hitachi had already been awarded an earlier contract in April for two cable-laying and repair vessels


SapuraCrest, Ramunia Awarded Contracts

Two oil and gas players, SapuraCrest Petroleum Bhd and Ramunia Holdings Bhd, announced major contracts related to the industry worth $120 million and $24 million respectively. SapuraCrest said its 51%-owned unit Tioman Drilling Co Sdn Bhd had been awarded a contract from Carigali-Triton Operating Co Sdn Bhd (CTOC) for the provision of two drilling units– Teknik Berkat and a new mobile drilling vessel, known as T-10 – to CTOC.


Labroy Marine Wins Contracts

Singapore shipbuilder Labroy Marine said on Wednesday it has signed two shipbuilding contracts worth $58.9m in total. Labroy, whose regular customers for offshore support vessels are in the United States, Europe and the Middle East, said the two ships are to be delivered in 2009. Source: Reuters


Israel Shipyard Wins $50m Contract

Israel Shipyards won two contracts, worth over $50 million, to build four general cargo ships for two European customers, according to a report on www.port2port.com. Israel Shipyards Ltd (ISL) has specialized in military shipbuilding. The first customer ordered two ships which will be employed by European cement manufacturers the second, a shipping company which operate some 50 vessels of similar size. The four 90 meters long vessels on order, are classified as dwt 4


STX Pan Ocean Wins $40M Newbuild Contract

According to a June 1 report from channelnewsasia.com, STX Pan Ocean said it won a shipbuilding contract worth at least $40m for a semi-submersible heavy lift carrier. (Source: Channelnewsasia.com)  


ASL Marine Wins Seven-vessel Contract

ASL Marine Holdings Ltd. has secured major shipbuilding contracts worth S$164 million. These contracts are for the construction of seven vessels involved in offshore oil and gas as well as port terminal operations. The seven vessels include six units of Rotor tugs secured from repeat customers in Europe as well as one unit of Heavy Lift cum Pipelay vessel secured from a customer in India. These contracts are due for delivery by 2009.


Saab Wins Order Worth $87m

Saab Systems signed a contract worth $87m with Tenix Marine to design and develop the Combat Management System for Australia's new Landing Helicopter Dock (LHD) amphibious class of ships. Saab and Tenix have agreed on a contract that will see Saab responsible for design, development and integration of the new ships' Combat Management System. Saab will supply the next generation 9LV Combat Management System based upon open architecture and the naval surveillance radar Sea Giraffe AMB


Major North Sea Contract Win for Expro

International oilfield service company Expro has been awarded a multi-million pound contract by Apache North Sea Ltd in the UK North Sea following completion of a competitive tender process. The contract, worth approximately $7.5m annually, mainly covers work on the Forties field. It sees Expro providing wireline services and establishing an alliance with another leading provider to deliver coiled tubing and pumping services for Apache.


UK MOD Awards £350-million Nuclear Submarine Contracts

The MoD has awarded contracts worth US$ 548-million to UK companies to design the next generation of nuclear deterrent submarines The first Successor submarine is due to be delivered in 2028, replacing the Vanguard Class submarines which currently carry the UK’s nuclear deterrent - Trident. Although a decision on the final design and build will not be made until 2016, detailed work has to take place now to ensure that the Successor submarines will be the most technologically advanced


Otto Marine Secures Charter for Two PSVs

Photo: Otto Marine Limited

 Singapore’s Otto Marine has secured two long term charter contracts for two PSVs to an oil major in Australia, with the value of the contract worth $64m including options.  The 36-month charter contracts (including options) involve two 4,000-dwt platform supply vessels


Abu Dhabi Ship Building to Deliver 3 UAE Warships by 2016

Photo: Abu Dhabi Ship Building Company

Abu Dhabi Ship Building Company will deliver three Baynunah warships to the United Arab Emirates Navy by 2016 and is in discussions with other buyers to sell more, its chief executive said on Monday. "There are discussions with some of the Gulf Cooperation Council countries as well as


Maersk Posts Record Profit Despite Pressure in Shipping Rates

Courtesy: Maersk Line

 Maersk Line has reported a profit of $2.3bn for 2014 a 50% increase over the previous year, and expects a higher result in 2015, though the shipping rates remain under pressure.   But 2015 is expected to yield less impressive results due to falling oil prices


ST Engineering Y-O-Y Profits Slip

  Singapore Technologies Engineering Ltd  reported today its full year financial results ended 31 December 2014 (FY2014) with a Group revenue of $6.54b compared to $6.63b as reported for FY2013. Profit before tax (PBT) of $650.7m was $79m or 11% lower year-on-year compared to $729


EMGS - Agreement with Petrobras for EM Leader

Roar Bekker

  Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 5.5 million from Petrobras for 3D EM data acquisition in Brazil.   "With this contract, we are back in a strategically important region for us. We look forward to working with Petrobras again and expect to


'Aker Wayfarer' Wins Petrobas Subsea Contract

Skandi Aker OSV: Photo Aker Solutions

Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) says it has won a contract worth US$465-million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a


Aker Wayfarer Wins 5-Yr Contract from Petrobras

Photo  Aker Solutions

  Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a


TRIYARDS' Liftboat Orderbook Filling up

Triyards Holdings

  *This new order brings total liftboat contracts to date to 14, and showcases TRIYARDS’ engineering versatility * Win affirms TRIYARDS' leadership position as a fabricator of choice in Asia for liftboats * Group is well-placed to ride on the firm demand and enhance its lead in the


CD-adapco Agree FS Dynamics CFD Software Deal

CD-adapco, the largest privately held CFD focused provider of Computer Aided Engineering software, says it has recently finalized a three-year contract, worth over €1M, with FS Dynamics. Since it was founded 10 years ago, FS Dynamics has rapidly grown to become the leading supplier of CAE


Swissco Doubles Rig Fleet

Swissco Rig

SGX Mainboard-listed Swissco Holdings Limited an integrated, international marine services provider, today announced having completed the acquisition of four additional mobile offshore drilling units, bringing the fleet of rigs to eight. As announced on 15 August 2014 on the Singapore Exchange


Austal Expands to San Diego

Left to Right:  David Walden (Austal - Homeport Manager), Annabel Walden, Adm. Jose Betancourt (USN – Ret.), Councilwoman Pamela Bensoussan (City of Chula Vista), Mayor Cheryl Cox (City of Chula Vista), Tim Mahoney (Austal USA – VP Post Delivery Service & Support), Dir. Economic Development Michael Meacham (City of Chula Vista), and Ronald Delaney (Austal - Service Warranty Engineer)

Office to provide local support to LCS and JHSV programs. On October 8th, Austal celebrated the opening of our San Diego, Cal., Operations Office with a ribbon cutting ceremony.  Joining Austal’s representatives at the ceremony were Mayor Cheryl Cox of the City of Chula Vista; City


EMGS to Map Brazil's Gas Hydrates

EM Leader post modifications

  Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas Basin. The project is a collaboration between the Pontifical Catholic University (PUCRS) of


Keppel Singmarine Win S$65 mi Contracts

logo

  Specialised shipbuilder Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured two contracts worth a total of about S$65 million. The first contract was awarded by Seaways International Pte. Ltd


Irving Shipbuilding Update

Since June of 2012 we have been maturing the design with the Canadian Navy to make sure it provides the capability required by those who bravely serve.

   In a technical briefing with media in Ottawa this morning, representatives from Public Works Government Services Canada, the Canadian Navy and Irving Shipbuilding provided an overview of the Arctic Offshore Patrol ship program including the ship’s design and capability


Contracts Boost for Maritime Developments

Photo courtesy: Maritime Developments

Specialist back-deck equipment provider Maritime Developments has won contracts worth in the region of $10.6 million and broadened its product portfolio. The company, which supports subsea industry operations worldwide, has secured the first order for its innovative portable overside vertical






 
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