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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 $404m Charter Contracts

Photo courtesy of Otto Marine

Otto Marine Limited, an offshore marine company which owns and operates a large fleet of offshore support vessels, shipyard and offers specialized offshore services, informed that the group has secured charter contracts worth approximately $404 million in the first half of 2014 (1H2014).


Sembawang Shipyard to Convert 2 FPSOs for Kaombo Project, Angola

Image

  Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA, France for the conversion of Two FPSOs for the Kaombo Project in Offshore Angola.  


N-KOM to Build Floating Jetty for QPMC

Photo courtesy of N-KOM

Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard established by Nakilat and Singapore’s Keppel Offshore & Marine (Keppel O&M), has secured a contract worth $19 million (69 million Qatari Riyals) to design and construct a floating jetty for Qatar Primary


GDI Awards N-KOM US$110-M Contracts

GDI N-KOM contract principals: Photo courtesy of N-KOM

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts worth US110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard between Nakilat and Singapore’s


ASL to Build Six Offshore Service Vessels

Offshore Service Vessel: Image courtesy of ASL

Singapore-based ASL Marine Holdings Ltd. say that its wholly-owned subsidiary, ASL Shipyard Pte Ltd (“ASLS”), has secured new shipbuilding contracts worth approximately S$97-million for the construction of six vessels. The vessels comprise:


U.S. Navy awards contracts to Lockheed, Austal for 4 more ships

File Photo: LCS hulls 4 & 6 alongside the pier at Austal Shipyard..

The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships from Lockheed Martin Corp and Australia's Austal Ltd, the U.S. Defense Department said on Monday. Lockheed won a contract valued at $699 million to build two more of its steel monohull-design


Keppel Reports Batch of New Projects

Keppel Offshore & Marine Ltd.'s (Keppel O&M) subsidiaries Keppel Shipyard Ltd., Keppel Singmarine Pte Ltd. and Keppel Nantong Shipyard Co. Ltd. have secured contracts worth a total of about S$140 million. Michael Chia, Managing Director (Marine & Technology) of Keppel O&M, said


First Line of Baltic Sea Pipe to be Laid by Saipem

Saipem 7000 pipe-laying vessel: Photo courtesy of Gazprom

Contracts worth around EUR 2-billion for construction of the first of the four offshore lines of the trans-Baltic South Stream gas pipeline have now been signed by South Stream Transport and Saipem, inform Gazprom. Saipem is to build the first offshore line of the South Stream gas


Rolls-Royce Wins Substantial Volstad OCV Equipment Order

Flightbridge image courtesy of Rolls-Royce

Rolls-Royce informs it has won a contract worth approximately £13.5 million to deliver a unique package of advanced ship equipment for a new offshore construction vessel (OCV) currently being built in Turkey for the Norwegian ship owner Volstad Shipping AS.


Aker Solutions to Divide Company in Two

Aker OCV: Image courtesy of Aker Solutions

Aker Solutions release Q1 2014 financial results and separately inform they will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group to meet the needs of customers in an increasingly competitive global energy industry.


ABB Wins US$20-Million in Offshore Vessel Orders

Ulstein SX165: Image credit ABB

Power and automation technology group, ABB, says it has won contracts worth in excess of $20 million to supply electrical power and propulsion systems for two next generation offshore vessels. First Order: Ulstein SX165 design OSV The first vessel is being constructed at Ulstein Verft in


JES Inks $1 Billion USD Newbuilding Deal

Mainboard-listed JES International Holdings Limited announced that the Group has successfully secured contract plus options worth close to US$1.0 billion, continuing on their successive contract wins earlier in 2014.   Comprises construction of 6 Ultramax bulk carrier with options


ASL to Build Three Rotor Tugs, Seismic Vessel

Rendering courtesy of Rotor Tug

Singapore's ASL Marine Holdings says its subsidiary ASL Shipyard has won contracts worth approximately S$91-million for the construction of 3 Infield Support Vessels (of ART 100-42 class Rotor Tugs design) and a Seismic Support Vessel (SSV).


China State Shipbuilding, CNPC Among 11 Caught in Auditor Snare

China's National Audit Office has found irregularities at 11 state-owned conglomerates ranging from misrepresentation of assets to illegal property development, highlighting the challenges the government faces in overhauling the public sector.


EMGS Receives Contract Worth $2.7 mln from OMV (Norge) AS

File photo :EMGSs two purpose-built 3D EM vessels

Electromagnetic Geoservices ASA (EMGS)  the marine EM market leader, who uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbonshas, received a contract worth USD 2






 
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