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Horizon Offshore

Horizon Offshore Announces Pemex Contract

Horizon Offshore, Inc. said that Pemex Exploracion y Produccion (Pemex) has issued a letter of award to its subsidiaries, HOC Offshore S. de R.L. de C.V. and Horizon Offshore Contractors, Inc. for the Package 'J' pipelines of the KU-MALOOB-ZAAP project offshore Mexico. The contract calls for the installation, tie-in and associated commissioning of five pipelines under the KU-MALOOB-ZAAP project in the Bay of Campeche. Horizon will utilize its lay barge Lone Star Horizon and a DP2 vessel to perform the project. Engineering and procurement of the 20" and 24" diameter line pipe will begin in February 2006 with construction scheduled to begin in May 2006. In addition to this award, the Company has recently received a change order on its current contract with Pemex that was awarded in June 2005 under the KU-MALOOB-ZAAP project.


Horizon Offshore Contract

Horizon Offshore, Inc. announced that its subsidiary, Horizon Offshore Contractors, Inc., has been awarded a contract by Williams Oil Gathering, LLC to install 49.96 miles of 20-inch oil pipeline in the U.S. Gulf of Mexico for the Mountaineer Shallow Water Pipeline System, which is a part of the Devils Tower project being constructed by Williams. Horizon will utilize the pipelay barge Lone Star Horizon and lay/bury barge Pecos Horizon for this project


Horizon Offshore Receives Southeast Asia Contract

Horizon Offshore, Inc.’s subsidiary, Horizon Marine Construction, Ltd., has been awarded a contract by Brunei Shell Petroleum Company Sdn. Bhd (BSP) to perform several installations off the coast of Brunei, beginning the second quarter of 2003. Services provided by Horizon will include project management and installation of a four-pile jacket, drilling deck, two 880-ton compressor modules, and living quarters. In addition to the structural work, Horizon will provide the installation


Horizon Offshore Reports Barge Incident

Horizon Offshore said today that one of its vessels, the lay barge Lone Star Horizon, suffered moderate damage due to a fire while at anchor off Ciudad Del Carmen, Mexico. The vessel crew was evacuated and no injuries requiring medical treatment were reported. The Lone Star Horizon had recently completed the KIX pipeline project for PEMEX, and was preparing for demobilization to the U.S. Gulf of Mexico. The fire, which was limited to the generator control room, occurred at about 3:00 p.m


Horizon Offshore Completes Refinancing

Horizon Offshore, Inc. has entered into a $77.4 million secured term facility agented by The CIT Group/Equipment Financing, Inc. The credit facility has a five year term and bears interest at LIBOR plus 4.5% per annum. The credit facility is payable in monthly installments of $0.9 million, plus interest, for the first 24 months beginning March 31, 2006 and $0.6 million, plus interest, for the next 35 months, with the remaining principal and unpaid interest due at maturity in March 2011.


Cal Dive International to Acquire Horizon Offshore

Cal Dive International, Inc. and Horizon Offshore, Inc. announced have signed a definitive merger agreement under which Cal Dive will acquire all of the outstanding shares of Horizon in a stock and cash transaction valued at approximately $650 million, including approximately $22 million of Horizon's net debt as of March 31, 2007. Cal Dive expects the combination will diversify Cal Dive's vessel fleet and services offering with the addition of complementary assets consisting of pipelay


DMT Divers Heading to Mexico

Deep Marine Technology has reached an agreement with Horizon Offshore Contractors, Inc. to supply 14 diving personnel to perform Subsea Construction Support works off the Lone Star Horizon & Canyon Horizon Barges. Working in 130 ft. of water on the 20-in. pipeline for the Marsopa project in the Bay of Campeche, the scope of work for the diving personnel include support services of construction, directional drilling, burial, and hydrostatic testing.


Horizon Offshore Reports 2001 Earnings

Horizon Offshore, Inc reported net income for the fiscal year ending December 31, 2001, of $10.7 million. This compares with a net income of $6.4 million diluted in 2000. Before recording an extraordinary charge of $0.6 million net of taxes, net income for the fiscal year ending December 31, 2001 was $11.3 million, or $0.49 per share diluted. For the three months ended December 31, 2001, Horizon reported net income of $0.4 million, or $0.02 per share diluted, on revenues of $73


OMNI Hires Mogel

OMNI Energy Service Corp. announced that Ronald D. Mogel has been named Senior Vice President and Chief Financial Officer of the Company and is expected to begin in the middle of January, 2008. Mogel joins OMNI from Horizon Offshore Inc., a Nasdaq listed company that was acquired by Cal Dive International, Inc. in December 2007 for $628 million. Mr. Mogel most recently served as Executive Vice President and Chief Financial Officer of Horizon


10,000dwt Ocean Deck Barge Sold

Marcon_Sale.jpg

The 10,000dwt, Vanuatu flagged ocean flat deck barge "DRC/Blake 1" (ex- Eide Barge 35, Pacific Horizon, MB-100, SLB-1 and SLB-2) was sold to private South American buyers, marking the second time that Marcon International, Inc. of Coupeville, Washington has sold this heavily-built unit.   Marcon previously sold her from Horizon Offshore of Houston, Texas to Eide Marine Services of Norway in 2004. "DRC/Blake 1's" dimensions are 100m x 30m x 7


Transocean Defeats Shareholder Appeal over Gulf Spill

Transocean Ltd on Thursday won the dismissal of an appeal by shareholders accusing the owner of the doomed Deepwater Horizon drilling rig of deceiving them about its safety practices prior to the 2010 Gulf of Mexico oil spill. The 2nd U.S


Wahlberg Headlines Film on Deepwater Horizon Tragedy

Deepwater Horizon is due for release September 30, 2016 (Photo: Lionsgate)

Nearly six years after the BP oil spill in the Gulf of Mexico, Hollywood takes its shot at recounting the tragedy with a film due this fall aiming to tell the story on the fatal blowout and its aftermath.   The oil spill, one of the largest environmental disasters in global history


Obama to Issue New Offshore Drilling Rules

(White House photo)

The Obama administration will announce Thursday safety regulations for offshore oil and natural gas drilling to prevent the kind of explosion that happened six years ago on a BP rig in the Gulf of Mexico, an official told Reuters. The Department of Interior will unveil the final version of its


Six Years after BP Spill, US Sets New Offshore Oil Safety Rules

Gas from the damaged Deepwater Horizon wellhead is burned by the drillship Discoverer Enterprise in May 2010, in a process known as flaring. (U.S. Coast Guard photo by Patrick Kelley)

The Obama administration on Thursday unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP Plc rig in the Gulf of Mexico.   The Interior Department's Bureau of Safety and Environmental Enforcement announced the finalized regulations


U.S., Korea Conclude Exercise Clear Horizon

Exercise Clear Horizon is an annual bilateral exercise between the U.S. and Republic of Korea navies that focus on increasing capabilities and coordination between ships, and aircraft in mine countermeasures in international waters surrounding the Korean peninsula Photo USN

   Helicopter Mine Countermeasures Squadron (HM) 14, Detachment 1, and Mine Countermeasure Squadron (MCMRON) 7, completed the bilateral mine countermeasures exercise Clear Horizon with the Republic of Korea (ROK) Navy, Nov. 13.  Exercise Clear Horizon is an annual bilateral


EMC: U.S. Patent for MEO SatCom Power Booster

EMC earned recognition from the U.S. Patent and Trademark Office (U.S. PTO) with its latest patent - US 9,130,644 B2 - for a power booster that improves efficiency and performance of connectivity links with Medium Earth Orbit (MEO) satellite networks operating in the Ka- and Ku-band frequency


Scripps Sells Oceanographic Research Vessel

New Horizon (Photo: Marcon International)

Purpose-built oceanographic research and survey vessel New Horizon has been sold from the Scripps Institute of Oceanography to private interests, announced ship broker Marcon International, Inc.   New Horizon will continue to work under her new ownership as a U.S


Horizon Awarded for GORDHEAD Software

Photo: Horizon Shipbuilding

 Horizon Shipbuilding, Inc. of Bayou La Batre, Ala., has been presented with the 2015 “Innovator of the Year” award by the Mobile Alabama Chamber of Commerce for Horizon was recognized for its GORDHEAD collaboration software aiming to revolutionize the way shipbuilders and other


NOIA Rebuts “Red Herring” Study on Atlantic Development

(NOIA) Randall Luthi President of the National Ocean Industries Association

  NOIA President Randall Luthi issued the following statement regarding a report released today by SELC which attempts to discredit an earlier study by Quest Offshore:   “The Quest Study estimates the potential for jobs, economic activity and government revenue that could be


Sixth FREMM Frigate Launched

Luigi Rizzo Courtesy Fincantieri

  Today the launching ceremony of the frigate Luigi Rizzo took place at the plant in Riva Trigoso (Genova). The sixth of a series of 10 units FREMM - European Multi-Mission Frigates, was commissioned from Fincantieri by the Navy Italian in the framework of international cooperation between


McAllister Towing to Build Tractor Tugs at Horizon

Captain Brian A. McAllister, Chairman McAllister Towing and Travis Short, President Horizon Shipbuilding at the 2015 International Workboat Show.

McAllister Towing continues its long, 150-plus year hisory of serving the maritime industry announcing investment in two new boats sporting the latest technology. McAllister Towingis announced that Horizon Shipbuilding, Inc. of Bayou La Batre, AL, will build 100 x 40-ft


Jensen to Design McAllister’s New Escort Tugs

Brian A. McAllister (Image: Jensen Maritime)

Jensen Maritime, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, was selected to provide detailed design services including stability, structure and systems design for two, 100-foot long, 40-foot wide, escort tugs for McAllister Towing


New Autonomous Control System Launched

Image: Sea Machines Robotics

Sea Machines Robotics of Cambridge, Mass. announced the release of its Autonomous Control System (ACS), an advanced vessel control system which converts manually piloted hulls to self-piloted Unmanned Surface Vessels (USVs). It is designed to be integrated into company-developed Sea Machine USVs


Inland Vessel Profile: USACE’s Dan Reeves

M/V Dan Reeves (Photo by Richard Dollison)

The newly built M/V Dan Reeves was commissioned in January of 2016 for the United States Army Corps of Engineers (USACE) Little Rock District. Built by Horizon Shipbuilding, Inc., Bayou La Batre, Ala., overseen by the USACE Marine Design


BP Escapes US Lawsuits Over Post-Gulf Spill Drilling Ban

BP Plc does not have to face U.S. lawsuits by energy and drilling companies over losses they suffered from an offshore drilling ban imposed soon after the 2010 Gulf of Mexico oil spill, a federal judge ruled.   U.S. District Judge Carl Barbier in New Orleans agreed with BP that federal law






 
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