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Northern Offshore

Energy Searcher Gets Offshore Nigeria Contract

Drillship Energy Searcher: Image courtesy of the owners

Northern Offshore subsidiary, Northern Offshore International Drilling Company says it has executed a long-term drilling contract with an affiliate of CAMAC Energy Inc. for its drillship 'Energy Searcher'. The contract commits to an initial period of one year, with an option to extend the contact for an additional one-year term. Commencement of drilling activities on the Oyo Field offshore Nigeria is expected during the first half of 2014. The contract value for the first one-year term is just under US$100 million, plus mobilization fees. The Energy Searcher is a conventionally moored drill ship, able to operate in water depths of up to 2,500 ft. It is equipped with an 18-3/4 inch x 10,000-psi BOP stack, a Maritime Hydraulics DDM top-drive and an eight-point chain mooring system. It has a deck load capacity of 9,000 tons and is able to accommodate 110 people. The rig was completely refurbished and upgraded in 2006 and underwent its five (5) year SPS (May 2011) in Singapore, with additional upgrades in 2012. About the Company Northern Offshore, Ltd. is a Bermuda holding company which operates offshore oil and gas drilling units and one production vessel in various markets around the world, including the North Sea, the Indian Ocean, Southeast Asia and West Africa. The company’s fleet consists of four drilling units (a drillship, a semisubmersible and two jackup drilling rigs) and one floating production facility.


Damen Delivers Twin Axe to Northern Offshore Services

Photo: Damen

Northern Offshore Services has taken delivery of its first Damen Twin Axe, just weeks after the order was placed in August. The 26-meter Fast Crew Supplier is already being deployed at an offshore wind farm in the North Sea. Crewboat operator Northern Offshore Services has offices in Sweden and Denmark and a fleet of nearly 20 vessels. The company specializes in the safe and reliable transport of personnel and equipment to the offshore (wind) industry and is a new customer for Damen.


Energy Searcher to Undergo Repairs

Northern Offshore, Ltd. (Oslo Bors: NOF.OL) reported on May 5 that upon completion of the third well of a five-well drilling program for VietGazprom offshore Vietnam, the drillship Energy Searcher underwent an inspection that identified repairs needed to the ship's hull prior to the rig returning to drilling operations. The company intends to move the rig to Singapore to make the necessary repairs. Although preliminary and subject to further inspection in the shipyard


Blount Boats to Manufacture US-flagged Catamarans

Blount Boats, Inc. has been appointed by South Boats Special Projects, Ltd., based at Cowes on the Isle of Wight, England, to be the exclusive shipyard to manufacture U.S. flagged aluminum catamarans of South Boats designs for the U.S. wind farm industry. Blount Boats operates a shipyard in Warren, Rhode Island. South Boats is recognized as a pioneer in designing and manufacturing wind farm service vessels. Their shipyard has built 45 vessels in five classes, from 15M – 30 meters


Oslo Sees Comeback For Maritime Stocks

The All Share Index in Oslo was up 3.8 percent in May, and shipping and offshore stocks were leading the way as the Shipping Index surged 13.9 percent during the month. All but three of the offshore stocks listed on the OSE experienced positive share price movements in the period. Northern Offshore (NOF), announcing strong results for first quarter, was up all of 50 percent. Nortrans Offshore (NOL), Navis (NIS), Stolt Comex Seaway (SCS) and Smedvig (SME/SMEB) were all up between 33 and 20


Oslo Sees Comeback For Maritime Stocks

The All Share Index in Oslo was up 3.8 percent in May, and shipping and offshore stocks were leading the way as the Shipping Index surged 13.9 percent during the month. All but three of the offshore stocks listed on the OSE experienced positive share price movements in the period. Northern Offshore (NOF), announcing strong results for first quarter, was up all of 50 percent. Nortrans Offshore (NOL), Navis (NIS), Stolt Comex Seaway (SCS) and Smedvig (SME/SMEB) were all up between 33 and 20


Oslo Sees Comeback For Maritime Stocks

The All Share Index in Oslo was up 3.8 percent in May, and shipping and offshore stocks were leading the way as the Shipping Index surged 13.9 percent during the month. All but three of the offshore stocks listed on the OSE experienced positive share price movements in the period. Northern Offshore (NOF), announcing strong results for first quarter, was up all of 50 percent. Nortrans Offshore (NOL), Navis (NIS), Stolt Comex Seaway (SCS) and Smedvig (SME/SMEB) were all up between 33 and 20


Trico Marine Takes Delivery on New Platform Supply Vessel

Trico Marine Services, Inc., has taken delivery on the Northern Canyon, a 279-ft. UT 745 design platform supply vessel (PSV). The state-of-the-art vessel is designed to serve deepwater markets worldwide. Built in Norway, the Northern Canyon is equipped with a DP2 (dynamic positioning) system and is among the largest, most technologically advanced PSVs available in the industry. The vessel, which will be deployed initially in the North Sea


Northern Canyon Completes Gunnison Spar Contract

In November, Canyon Offshore Inc., a subsidiary of Cal Dive International mobilized the M/V Northern Canyon with two 2,500-m rated Triton XLS systems on board, to support the Gunnison Spar installation for Kerr McGee. Canyon operated as a subcontractor to Cal Dive International, Inc. The vessel has since completed a number of SPAR installation tasks, including survey array installation, flowline and riser installation support, mooring hook up support


Northern Sea Route International Conference

The upcoming conference will concern itself with problems and prospects for the NSR with its huge potential. The Central Research Institute of the [Russian] Navy and the magazine “News of Maritime Petersburg" with the support of the Ministry of Transport of the Russian Federation will organize the international conference 'The Northern Sea Route: State, Problems and Prospects' in St. Petersburg (Concert Complex 'Novoizmaylovsky', Novoizmaylovsky pr., 48) on 11, April 2013.


New Flagship Joins CMV Cruise Line

Magellan (Image by CMV)

Britain's Cruise & Maritime Voyages (CMV) has taken delivery of new flagship Magellan ahead of its maiden voyage in March.   The former 1,250-passenger ship Grand Holiday, operated by Costa brand Iberocruceros, was built in 1985 and revamped in 2010.  


BHM Penlaw, Tactique Unite to Offer Arctic Solutions

The Arctic region showing the Northern Sea Route, in the context of the Northeast Passage, and Northwest Passage

  BHM Penlaw and Tactique Ltd have now joined forces to support their clients in exploiting an alternative sea route which reduces sailing distance by 4,300 nm and 10 days on transits between Europe and Asia. The Northern Sea Route, also known as the NSR, or Northeast Passage


Major Oil Rig Contract for Harland and Wolff

Image: Harland and Wolff

In a multi-million pound boost to the Northern Ireland economy, Belfast ship builder Harland and Wolff has secured a contract to carry out major work on an oil rig.  Dolphin Drilling Limited has awarded H&W the contract for the drydocking and Renewal/Special Periodic Survey of its Byford


Matson Lowers Fuel Surcharge

Picture: Matson Inc

Continuing decreases in bunker fuel prices has prompted Matson to drop its fuel-related surcharge by 4 percentage points. Matson announced it will lower its fuel surcharge for service to Hawaii, Guam, the Commonwealth of the Northern Mariana Islands and Micronesia, effective Sunday.  


N-Sea, Siem Offshore Extend Charter Agreement

Siem N-Sea (Photo courtesy of N-Sea)

Inspection, maintenance and repair (IMR) specialist N-Sea has extended its charter agreement with Siem Offshore following three years of operations. The renewed agreement, concerning Siem Offshore’s offshore subsea construction vessel, Siem N-Sea (previously Siem Stork)


Bureau Veritas Selects New Offshore Lead

Matthieu de Tugny (Image: Bureau Veritas)

Matthieu de Tugny to lead Bureau Veritas' offshore activities Bureau Veritas has appointed Matthieu de Tugny as Senior Vice President in charge of offshore activities within the marine and offshore operating group. He is tasked with driving forward Bureau Veritas Group initiatives in the oil


U.S. Forecaster Sees Potential for Weak El Nino Conditions

Photo courtesy: NOAA

The U.S. weather forecaster on Thursday projected a 50 percent to 60 percent chance of El Nino conditions during over the next two months, compared with the 65-percent chance it predicted for the Northern Hemisphere winter in December. The Climate Prediction Center


Nautisk Opens Aberdeen Office

Lloyd Ferguson (Photo courtesy of Nautisk)

Global chart distributor Nautisk has opened a new office in Aberdeen.   Peter J. Pran, Nautisk Head of Global Sales, said the new headquarters will build on Nautisk’s offering to the oil and gas sector in Norway, as well as offering a link to customers operating in the U.K


Maersk Line to Increase Asia-Europe Rates

Maersk_Line_Logo.svg.png

Maersk Line, part of Denmark's A. P. Moller-Maersk, plans to increase shipping freight rates for transporting containers from ports in Asia to Northern Europe by $800 per 20-foot container (TEU) from Jan. 15, it said on Tuesday. Rates on the route, the world's busiest for container shipping


Fewer Ships Traveled Arctic in 2014

Arctic shipping (Photo: Arctic Security Working Group)

The year 2014 has proved to be a chilly one for Arctic shipping. Just 31 ships sailed between Europe and Asia across the Northern Sea Route, and 22 did part of the route, according to an Alaska Public Radio Network report. That’s down from a total of more than 70 in 2013.


Royal IHC acquires SAS Offshore

  Royal IHC has acquired SAS Offshore, which is based in Alphen aan den Rijn, The Netherlands. SAS Offshore is specialised in designing and manufacturing high quality deck equipment for the offshore oil and gas market. This acquisition enables IHC to further secure its position as a supplier


Training Initiative by BW Offshore & Seagull

BW Offshore & Seagulls Training Initiative

  BWO Offshore and Seagull Oil & Gas are cooperating to develop industry-leading training material for the offshore industry. Building on a training relationship stretching back almost two decades, BW Offshore and Seagull are developing new training material to cover BW


Russia Makes Shipbuilding a Priority

Photo: NEVA 2015

Russia’s renewed focus on the commercial shipbuilding industry was set as a key aim by Prime Minister, Dmitry Medvedev in his recent discussions on the development of the sector through 2015. The 2015 impetus on competitive opportunity coincides with the 13th International Maritime


Asia-Europe Box Rates Fall 5.6 pct

File photo: a containership loading at dock.

Freight rates for container shipping from Asia to Northern Europe fell by 5.6 percent in the Monday through Wednesday period compared with last week, to $1,085 per 20-foot container (TEU), data showed on Friday. Rates on the route, which is the world's busiest for container shipping


Asia-Europe Box Rates Fall 6.6 pct

File photo: containership underway.

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.6 percent to $1.149 per 20-foot container (TEU) in the week ended on Friday, data from the Shanghai Containerized Freight Index showed. It was the second consecutive week of falling freight rates






 
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