Offshore Business

Offshore Boom in 2003?

With 2002 happily in the rearview mirror, many signs point to a far more lucrative times for the ship and boatbuilding industries of the world, with a surge in offshore business leading the way. With many lucrative potential projects on the board in the Gulf of Mexico and abroad, ship and boat builders large and small are counting on increased offshore drilling opportunities to lead the way to prosperity in 2003. In a recent story published by Reuters, Hyundai Heavy Industries Co. officials are quoted as saying the offshore engineering orders will rise by more than a third -- to $1.5 billion -- making it a major plank in the plans of the world's largest shipbuilder. HHI is said to have booked about $1.1 billion in new orders in this niche in 2002, and it notes that many large projects are currently in the bid process.

PPL Shipyard Completes Acquisition of Sabine Industries

Further to its announcement dated September 22, 2005, “SembCorp Marine’s PPL Shipyard Acquires Sabine Shipyard in Texas, USA”, SembCorp Marine is pleased to announce that its subsidiary PPL Shipyard has completed the acquisition of a 100 per cent equity interest in Sabine Industries, Inc. (SII) and its subsidiaries Sabine Offshore Services, Inc (SOSI) and Sabine Shipyards, Inc (SSI) and a 25 per cent equity interest in Sabine Vessels, Inc (SVI) for a total consideration of US$6.4 million.

Biggest HATLAPA Stern Rollers Ordered for Maersk Tugboats

HATLAPA builds its largest stern rollers to date for Maersk Supply Service’s two new tugs under construction in Chile. The Danish shipping company Maersk Supply Service has ordered two large stern rollers from HATLAPA to be used in the two vessels built at the Chilean shipyard Asenav. The tugs will be built for worldwide use in the oil and gas industry. The first of two orders was delivered in early 2013, with the second to be completed by March 2014

German Offshore Wind Farm: Iberdrola Chooses Areva Turbines

Iberdrola chooses Areva Wind as preferred supplier for its Wikinger Offshore Wind Farm in German waters. Under the terms of the agreement, with construction scheduled for 2016 and 2017, Areva Wind will support Iberdrola on foundation and tower design optimization, project logistics, installation concept and project certification with regulator Bundesamt für Seeschifffahrt und Hydrographie (BSH). The Wikinger offshore wind project

Fendercare's New Offshore Pipe-Laying Solution

Fendercare Marine launch a new range of piggyback saddles to assist pipeline installation in the offshore industry. Piggyback saddles - alongside clamps and spacers - can act as a shaped interface between a pipeline and a cylindrical buoyancy tank, to ensure the tank rides comfortably and safely on top of the pipeline during the laying operation.  They can also act as separators during parallel lay installations and are most frequently used when smaller secondary umbilicals or

Jumbo Wins EnQuest Offshore Contract

Jumbo has been awarded a North Sea FPSO mooring, installation and hook-up contract by EnQuest. EnQuest is redeveloping the Ardmore and Duncan fields as Alma and Galia respectively. The project scope is the mooring spread installation and FPSO tow out and hook up. This will be the first offshore project in which Jumbo will act as the main contractor and not as a subcontractor. EnQuest is redeveloping the Alma and Galia fields, located in Blocks 30/24, 30/25 and 30/29

Swire Oilfield Services Expands in North America

Swire Oilfield Services (Swire), has reinforced its commitment to growth with a significant investment in its North American operations, as part of the company’s global  $150 million investment this year.   The company entered the Gulf of Mexico in 2007 with the establishment of an operations headquarters in Houma, Louisiana. Since then it has expanded with nine new facilities across the Gulf coast and North America, including Port Fourchon

Lankhorst Mouldings, RiserTec Develop Dynamic Bend Stiffeners

Offshore engineering specialist, Lankhorst Mouldings and independent engineering design consultancy, RiserTec have announced a co-operation agreement for the design and manufacture of dynamic bend stiffeners. Under the agreement, RiserTec will design and test the riser ancillary products and provide project-specific technical support to Lankhorst. Lankhorst Mouldings will manufacture the bend stiffeners at its facility in the Netherlands.

Macklin Operations Manager, Cosalt Wind Energy

Cosalt Wind Energy has appointed Adrian Macklin as its new Operations Manager. With a proven track record in project and operational management, business development and distribution management, Adrian brings with him a wealth of experience in managing large teams of people within a wide distribution network. In his new role Adrian will be responsible for developing Cosalt's rapidly expanding team of wind turbine engineers and promoting a culture of service excellence

ASRY Invests in Future

Bahrain-based Ship Repair Yard Invests $188m in facilities; Expands offshore operations   Bahrain’s Arab Shipbuilding & Repair Yard (ASRY) has come a long way since starting operations towards the end of 1977, as the Arabian Gulf’s first VLCC repair yard. Today ASRY is involved in the repair of all types of commercial vessels, naval craft and offshore jack-up rigs. It also has an expanding newbuilding division which has built specialist barges as well as completing four