A recent survey conducted by Trelleborg’s offshore operation paints a positive industry outlook with decision makers taking a long term ‘value-add’ view. Original equipment manufacturers (OEMs) rated product quality, responsiveness and skills above cost as the most important supplier attributes. In fact, only 4 percent cited cost as a primary driver in determining preferred partners. However, there is a missing value link, as in practice cost savings appear to be taking priority. While suppliers with more substance may be winning-out at the tender stage, when it comes to implementation the temptation to try and make short term cost savings is clear. 78 percent of OEMs, operators, contractors and consultants admitted to changing the specification of a project for budgetary reasons. Thor Hegg Eriksen, President of Trelleborg’s offshore operation, said, “The overall effect of reduced oil prices is applying pressure across the supply chain and that’s evidenced by the research findings. While the market buys into choosing a value-add partner over a purely transactional arrangement, it doesn’t appear to be maximizing the third party expertise we know can make the difference. “Our survey points toward an offshore industry that believes it is putting long term strategies first, when the research shows short term decisions with cost front of mind
Offshore Cargo Carrying and A60 module company OEG Offshore (OEG) is moving into Norway, Congo and Myanmar for the first time, with its acquisition of AOR Containers, a major player in Europe, Africa and Asia. The move makes OEG Offshore the second-largest provider of offshore cargo carrying units (CCUs) in the world, with the addition of AOR’s international fleet of 6,000 units taking OEG Offshore’s total fleet to 25,000 units
Supplier of specialist offshore cargo carrying units, Swire Oilfield Services, has announced the acquisition of the assets and operating business of Australia based Weir OCI, creating the largest regional supplier of offshore cargo carrying units (CCU) in the Australian and Asian region. Weir OCI is the company’s second Australian acquisition in the past year, and takes investment in the region to more than $25m
Wärtsilä received an award for supplier excellence from CNOOC, the China National Offshore Oil Corporation. After internal evaluation by project management teams, 28 Chinese and international vendors participating in nine of CNOOC's major projects were honored. Wärtsilä is involved in four of these projects. This was the first time that CNOOC had arranged such an event to recognize its best suppliers, and the awards were presented at a ceremony held in Beijing
MacGregor, part of Cargotec, has signed a contract with Shell for a Pusnes permanent mooring system. Contract value is around EUR 20 million. "We are very happy to finalise this large contract," says Jan Martin Grindheim, Vice President, Offshore Mooring Systems at MacGregor. "It is strategically important to maintain our market share in the Gulf of Mexico and to maintain our position as a supplier of high-end offshore mooring systems," notes Mr Grindheim
Faststream awarded two year preferred supplier agreement for permanent recruitment services by Chevron Products UK Limited Maritime, offshore and oil and gas recruitment group Faststream has been awarded a two-year supplier agreement by Chevron Products UK Limited. The agreement will see Faststream supply permanent recruitment services to Chevron in the U.K. and Europe within four of its operating companies covering gas and midstream, downstream and chemicals, technology
Maritime supplier, Noreq announced the acquisition of Acta in Denmark. Since 1955, Acta has been a supplier of offshore marine cranes, life raft- and MOB davits as well as deck machinery. Acta is the only crane manufacturer in the world having CE marking on offshore cranes for wind power installations off shore. Acta is located in Odense, Denmark and the name of the new company is NoreqActa. “With this acquisition, the Noreq group is not only strengthening our foothold in the lifeboat
Alstom SA, the third-largest power-equipment maker, expects higher sales for its wind turbines this year and next, buoyed by growing demand in Brazil and offshore bids in Europe. “We’ve improved all our financial indicators this fiscal year,” ending March, compared with last year, including sales, order intake and operational performance, Alstom renewable unit chief Jerome Pecresse said in a March 15 interview. “We’re expecting growth to continue next year
EDT Offshore (Cyprus), an operations and management company for offshore support and dredging services, has taken delivery of a Damen Fast Crew Supplier 3507 and an FCS 5009: the EDT Leda and the EDT Nefeli. Both are built according to the Damen Sea Axe design, which reduces slamming up to 75 percent and increases crew comfort. The EDT Nefeli is outfitted withDP1, FiFi 1 and a luxury interior for a high level of passenger comfort during longer trips.
Damen Shipyards Galati has handed over the second platform supply vessel in a series order heralding a new era in offshore construction for Damen Shipyards Group. World Peridot, built to Damen’s PSV 3300 design, has been delivered to World Wide Supply. Delivery comes just seven weeks after the handover of the first of class PSV 3300, World Diamond, and is part of a rolling six-ship handover schedule from Damen for WWS.
From 1 January 2020, a new global sulphur cap on marine fuels will come into effect which will turn the whole bunker industry upside down; and World Fuel Services is urging the shipping, bunkering and energy sectors to work together to meet this new challenge.
Bibby Offshore won a contract with Shell, due to commence in Q1 2017, that will see Bibby Offshore provide engineering and subsea construction activities in the Gannet G field in the Central North Sea. Bibby Offshore is contracted to use utilize its multipurpose dive support and
In the immortal words of one Kermit the Frog, “it’s not easy being green.” Nor inexpensive. Offshore ship owners managing the demand “fallout” of the past year and navigating myriad environmental strictures say their leap of faith toward greener fuels has taken its
ABS has published the ABS Guidance Notes on Structural Monitoring Using Acoustic Emissions. This industry-leading guidance presents best practices for planning and executing Acoustic Emission Testing (AET). “A primary goal at ABS is to improve safety without interrupting operations
DNV GL, the world’s largest resource of independent energy experts and certification body, has awarded Vattenfall with a final statement of compliance for its offshore accommodation platform. This is the first offshore platform in the North Sea to host up to 50 operation
Allianz Middle East Ship Management and Maritime Craft Services (MCS)have taken delivery of a Damen Fast Crew Supplier 2610. Demonstrating the cooperative relationship between the two companies, the new vessel will offer safe and cost efficient crew transfer services for up to 50 passengers to and
Bibby Offshore, the leading subsea services provider to the oil and gas industry, has this year been awarded two contracts from Shell to provide inspection services on assets in the Corrib Natural Gas field in the North Atlantic Ocean.
There are distinct signs that the offshore wind sector is emerging from a period of relative quiet, says Clarksons Research. For the first time in several years, the number of final investment decisions (FIDs) is on the rise
Following vessel deliveries to the offshore business and governmental organizations in Norway, Tuco Marine will now also deliver to the Norwegian Aquaculture industry. Two ProZero 15m boats have been sold as high pressure cleaning boats to Norwegian AKVA Group.
Offshore energy support vessel operator, Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise. The 27m South Boats IoW catamaran is a new category of vessel for the offshore wind market, designed to provide both rapid crew transfer and wide-ranging
From a helicopter, it looks like just another North Sea oil rig, a grey cube supported by massive yellow pillars, 90 kilometres (56 miles) off western Denmark. But the DanTysk facility is the world's first accommodation platform for offshore wind
With its latest delivery to Swire Pacific Offshore (SPO), shipbuilder Austal Limited has delivered its second high speed crew transfer vessel this year, and its fourth offshore crew transfer vessel in the past 15 months. The 57.6-meter, all-aluminum catamaran, named Pacific Kestrel
Despite the numerous challenges facing today’s maritime sector, there are still opportunities to be found. After all, the world is constantly changing and it is those companies who are able to adapt and move with the markets that will experience long-term success
On Friday, the IMO Maritime Safety Committee (MSC) took one important step forward in its work to develop international standards for the carriage of offshore technicians, for example in connection with activities within the field of offshore wind energy.
Lifting and marine product specialist Rigmarine has opened its fourth global facility in the rural village of Insch, 30 miles to the northwest of Aberdeen, Scotland. The site, strategically positioned to serve the offshore oil and gas, renewables, construction, break bulk