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Offshore Contracts

Saipem Wins Offshore Contracts Worth $230m

Saipem has been awarded two new offshore contracts in Kazakhstan and Egypt worth a total value of $230 million. Agip KCO awarded the Saipem and Aker Kvaerner unincorporated consortium a contract as part of the experimental programme of the Kashagan field development in the Caspian Sea. The contract includes early work activities for the hook-up and commissioning of the offshore facilities as well as for the inshore completion to be executed in the Kuryk yard. The scope of work also includes the procurement, refurbishment and preparation of five barges which will be converted into temporary living quarters and offices, as well as temporary barges for power generation, tool sheds and warehouses. Petrobel has awarded the Saipem and PMS consortium the contract for the laying of a 32” pipeline connecting the El-Gamil gas processing plant with an existing platform located in the Denise Pliocene gas field. The field is located 60 kilometres off the coast of Egypt in water depths of up to 85 metres. Saipem’s scope of work includes engineering, project management, transportation and installation of the sealine and precommissioning. The marine activities will be carried out by Crawler vessel in the second half of 2007.


SembCorp Brazil Wins $149M Offshore Contract

SembCorp Marine Ltd.'s Brazilian joint venture had secured its first contract, worth $149 million, for the fabrication of topside production modules in offshore Brazil. The firm said the contract for Maua Jurong SA, the Brazilian joint-ventue of Jurong Shipyard Pte Ltd, was to build topside fabrication modules for the Barracuda and Caratinga fields in offshore Brazil. It said the contract was awarded by Halliburton Productos Ltda, the Brazilian affiliate of Kellog Brown & Root Inc


Exxon Awards Horizon Offshore Contract

Horizon Offshore Contractors, Inc. has been awarded a contract for the installation of a portion of Exxon Pipeline Company's Hoover Offshore Oil Pipeline System (HOOPS). The 20-in. pipeline project includes a directionally drilled shore approach near Freeport, Texas, and pipelay to a depth of 35 ft. and the burial of approximately 67 miles of pipeline. The project will utilize three of Horizon's vessels. Cajun Horizon will be used for offshore directional drilling support


Moody's Ups Transocean Offshore

Moody's Investors Service upgraded the senior unsecured debt ratings of Transocean Offshore, Inc. to A3 from Baa1 to reflect the significant benefits that the company will likely derive from its pending merger with Sedco Forex Holdings Limited (Sedco). The rating action ends a review of Transocean's ratings initiated on July 12 in response to the company's announcement that it had signed a definitive agreement under which Sedco, the offshore contract drilling business of Schlumberger Limited


Offshore:Halifax Wins Another Order

Halifax Shipyard won another offshore contract. The Irving Shipyard in Halifax, Nova Scotia has landed a contract to modify and refit the Glomar Grand Banks semi-submersible drill rig. The work will be completed at the Irving facility in Woodside. The job, which was commissioned by Global Sante Fe of Houston, Texas, will employ 350 people for a minimum of three months starting in January. The Rig will tie up at Woodside Facility on the December 19, and prepare for the upgrade


Transocean's Latest Fleet Update Summary

Image courtesy of Transocean

Offshore contract drilling services provider Transocean Limited's monthly Fleet Update Summary includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since November 18, 2013. The total value of new contracts since the November 18, 2013 Fleet Update Summary is approximately US$292-million. Other items include: Cajun Express - Awarded a six-well contract at a dayrate of $495


Halifax Wins Another Order

Halifax Shipyard won another offshore contract. The Irving Shipyard in Halifax, Nova Scotia has landed a contract to modify and refit the Glomar Grand Banks semi-submersible drill rig. The work will be completed at the Irving facility in Woodside. The job, which was commissioned by Global Sante Fe of Houston, Texas, will employ 350 people for a minimum of three months starting in January. The Rig will tie up at Woodside Facility on the December 19, and prepare for the upgrade


Transocean General Counsel Resigns

Transocean Ltd. announce Nick Deeming has resigned as Senior Vice President, General Counsel and Assistant Corporate Secretary. Mr Deeming resigned for personal reasons, and the company expressed its gratitude for his service. Effective immediately, Mr. Deeming's responsibilities as General Counsel will be assumed by Michael F. Munro, Vice President, Deputy General Counsel and Chief Compliance Officer, and David Schwab, Senior Associate General Counsel, Global Head of Dispute Resolution


First TWMA Offshore Processing Contract in Norway

twma_logo.gif

TWMA, a  company in integrated drilling and environmental solutions for the international onshore and offshore oil and gas industry, has been awarded a major contract with Total E&P Norge AS to deliver offshore waste management services during the development of the Martin Linge field located on the Northern Viking Graben in the Central North Sea. The seven-year contract is TWMA’s first offshore contract in the region and, if given the go-ahead by Norwegian authorities


BAE Systems Launches Jackson Offshore PSV

BAE Systems launches the M/V Breeze from its Heckscher Drive shipyard on Wednesday, January 29.

BAE Systems today launched the first of four platform supply vessels it’s building for Jackson Offshore Operators, LLC. These vessels, which will support drilling operations in the Gulf of Mexico, reflect BAE Systems’ continued growth in U.S. commercial shipbuilding and its support to the offshore oil and gas industry. The launch ceremony for the M/V Breeze included representatives from both companies. Lee Jackson


Marsol Awarded Middle Eastern Contracts

Photo: Marsol International

Marsol International, a UAE-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has been awarded two contracts in Oman. The first contract involves a Single Point Mooring (SPM) change out


MPI Workboats Commence Contract with Statoil

MPI Snowball (Photo: MPI Offshore)

MPI Workboats has been awarded two long-term contracts with Statoil on the Dudgeon Offshore Windfarm. MPI Napoleon and MPI Snowball will provide crew-transfer support, with the first vessel having commenced her 18-month contract earlier this month


Evac Grows with Influx of Cruise Ship Orders

The cruise business is booming, and Evac said it has benefitted directly with 40 percent annual growth.   The cruise business is the fastest-growing category in the leisure travel market, and demand is outstripping supply with average annual passenger growth of over seven percent since 1980


Transocean Provides Fleet Status Report

Photo: Transocean Ltd

 Transocean, the world's leading offshore drilling contractor with 61 rigs in its fleet, has issued a Fleet Status Report that provides the current status of and contract information for the company's entire fleet of offshore drilling rigs.   


Aker Solutions Wins North Sea Contracts

Norwegian oil services firm Aker Solutions won two offshore contracts, including a 120 million pound ($188.82 million) deal to provide engineering, construction and commissioning services on Statoil's Mariner development in the UK, it said on Monday.


BW Offshore: Contract extension for Abo

FPSO Abo

  BW Offshore has signed a Letter of Intent for a two years extension for FPSO Abo with Nigerian Agip Exploration Limited, an affiliate of ENI S.p.A. until Q4 2016, with options for additional seven years (until Q4 2023).  


Seaonics Secures Equipment Package Contract

Photo courtesy of Vard

Vard Holdings Limited, through its specialized subsidiary Seaonics, has secured a large equipment contract for a vessel under construction at Fincantieri S.p.A.   Based in Ålesund, Norway, Seaonics designs and manufactures offshore handling equipment to improve all critical lift and


Teekay Orders 3 Tankers for Canada Contracts

Teekay Offshore Partners L.P. informs it has entered long-term contracts to provide shuttle tanker services for a group of companies producing oil on Canada’s East Coast, including Chevron Canada, Husky Energy, Mosbacher Operating Ltd., Murphy Oil, Nalcor Energy, Statoil and Suncor Energy.


CWind Bags Crew Transfer Contract

CWind wins crew transfer vessel contract from Fred Olsen at Walney 1 & 2 offshore wind farms   CWind announced that it has won an eight-month contract to provide crew transfer services to Fred Olsen at Walney 1 and 2 offshore wind farms


Tero Marine Secures Boa Offshore Contract

Boa Jarl (Photo: Tero Marine)

Tero Marine informs it has secured a multimillion (NOK) contract for delivery of fleet management software to Norwegian shipping company Boa Offshore. The Bergen-based tech company will install its TM Master suite on 14 vessels.   TM Master will thus be the preferred fleet management


DryShips Sells Six Aframax Tankers

Dry bulk and petroleum cargo shipper DryShips Inc., through its majority owned subsidiary, Ocean Rig UDW Inc. of offshore contract drilling oil services, announced today that entities controlled by the company’s chairman and chief executive officer, George Economou


Keppel Shipyard Wins FPSO Conversion Contract

Keppel Shipyard

Even as world energy prices continue to maintain low pricing levels, offshore contracts are there to be won. Keppel Offshore & Marine Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair


First Offshore Reference for ACO's New Clarimar MF

Clarimar MF (Photo: ACO Marine)

ACO Marine announced it has signed a contract to supply a bespoke version of its new Clarimar MF wastewater treatment plant to the CFT 623 wellhead platform under construction for Dubai’s Dragon Oil.   The specially adapted Clarimar MF-2 has capacity to treat 3


CWind Wins Westermost Rough Jobs

CWind is an Integrated Service Provider (ISP) that supports the wind industry by providing on-demand services as well as 360° solutions to ensure the success of our clients’ projects Photo Courtesy CWind

TC Westermost Rough OFTO Limited has appointed offshore renewables specialist CWind to maintain on- and offshore assets at Westermost Rough offshore wind farm. CWind, a provider of services to the offshore wind industry, has announced today


Eidesvik Awarded Contract Extensions

Viking Athene (Photo: Eidesvik)

Norwegian based offshore shipping company Eidesvik Offshore announced it has been awarded contract extensions for the supply vessels Viking Lady and Viking Athene from Total E&P on the Solaris well. The contract is in direct continuation with the current contract.  






 
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