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Offshore Wins

Bibby Offshore Scoops Two Business Awards

Howard Woodcock (Photo courtesy of Bibby Offshore)

Bibby Offshore, a provider of subsea installation, inspection, repair and maintenance services to the offshore oil and gas industry, has been recognized at the 2014 Northern Star Business Awards winning in the categories Commitment to People Development and Outstanding Contribution to the Energy Sector. The awards were announced September 25 at the AECC. The Commitment to People Development award recognizes the company that has shown the most commitment to developing its staff through skills and personal development, investment and achievement programs and outcomes. The Outstanding Contribution to the Energy Sector award recognizes a company demonstrating an exceptional contribution to the energy industry within the north east of Scotland. Bibby Offshore’s Chief Executive Howard Woodcock said, “We are extremely proud to have won in both categories we were shortlisted for at this year’s Northern Star Business Awards. It is recognition of everyone at Bibby Offshore’s dedication to achieving our goals.” Woodcock continued, “The Commitment to People Development award is excellent recognition of the hard work undertaken by our Competency and Training team, our HR team and the whole business to ensure our greatest asset is properly looked after. One of the company’s key focuses and core values is to ‘realize the talent of our people’


Thai Offshore Supplier Gets Chevron Contract

Singapore's Miclyn Express Offshore's Thai J/V partner, Uniwise Offshore, wins Chevron marine support contract for Gulf of Thailand operations The 3 year firm contract with plus 2 x 1 year extension options is to provide coil tubing marine support services to Chevron`s production activities in the Gulf of Thailand. Uniwise Offshore will purchase a Platform Supply Vessel currently under construction in a Chinese Shipyard, to fulfil the service requirements


Samsung Heavy $630M Orders for Tankers, Offshore Platform

Samsung Heavy Industries Co., South Korea's third-largest shipbuilder, said it has won orders worth a combined $630m for five oil tankers and an offshore. Under the deal with a Norwegian customer, Samsung Heavy will deliver the oil tankers by 2013. Another deal with a U.S. customer calls for the shipbuilder to deliver the offshore facility by 2013. With the deals, Samsung Heavy has won deals valued at $6.1b in 2010. For the year, Samsung Heavy aims at winning $8b worth of orders.


Daewoo Ship, STX Offshore Lead Advances Among Korean Shipyards

According to a Nov. 1 report from Bloomberg, STX Offshore & Shipbuilding Co., the world’s fourth-largest shipyard, led advances among South Korean shipbuilders in Seoul trading on expectations that growing global trade will prompt more orders. STX Offshore gained 8.1 percent to 28,550 won, the highest price since August 2008, at the 3 p.m. close of trade in Seoul. Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipyard, climbed 3


Report: Hyundai Wins $900m Offshoe Order

According to a report on Yonhap News, Hyundai Heavy Industries won a $900m deal for offshore platforms and other facilities off the coast of Africa. Hyundai Heavy reportedly will build two offshore gas platforms and other facilities by the end of 2014. With the contract, Hyundai Heavy has won orders valued at $19.8 billion thus far this year.  


WINS & POSH Form Indonesian Offshore J/V

WINS AHTS Vessel: Photo credit PT Wintermar Offshore

PT Wintermar Offshore Marine Tbk (WINS) joins with PACC Offshore Services Holdings Ltd (POSH) for Indonesian oil and gas joint venture. The joint venture will own and operate two units of Indonesian flagged 100+ tons bollard pull AHTS, “WINPOSH Rampart” and “WINPOSH Resolve”, both of which have been awarded contracts to support drilling activities for a multinational oil and gas company for up to two and half years.


Hyundai Heavy Awarded $750M Order

Hyundai Heavy Industries Co. has received a $760 m order from Exxon Mobil Corp. to assemble an offshore facility that can extract, refine and store crude oil. Hyundai Heavy is to install the facility in Angola's Kimzomba field by June 2005, and deliver it a month later after test-runs. Hyundai Heavy has also won a $160 million offshore facility construction order from China's ACT-OG, a joint venture of CNOOC Ltd. (CEO), Chevron Overseas Petroleum, Texaco China B.V. and Operators Group.


EPC Offshore Wins Hurricane Field Contract

Chief executive officer Keith Wallace

Project management contractor EPC Offshore has won a major contract to select the optimum concept for the development of Hurricane’s  Lancaster Field, one of the most significant oil discoveries in the West of Shetlands in recent years. Hurricane has a 100 per cent holding in the field and has a CPR (competent person’s report) indicating 2C Contingent Resources of over 200 mmbbl of recoverable oil. The year-long contract, worth approximately £2 million


Korea's STX Offshore Debt to Equity Swap Hastened

STX Offshore & Shipbuilding Co. will issue new shares worth 38.4 billion won (US$36.5 million) as part of its debt-to-equity swap scheme. The shipbuilder will float 15.37 million shares, which will be listed on the main Seoul bourse on Jan. 9, 2014, reports Yonhap News Agency. Yonhap cite Jeong Yu-mi, a spokesperson for STX Offshore & Shipbuilding, as informing that trhe new share issuance is part of the 700 billion won debt-to-equity swap program aimed at stabilizing the company


Swire Pacific Offshore wins Industry Award at IMA

Swire Pacific Offshore emerges as the winner of the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) ceremony held during the Singapore Maritime Week 2015

  Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) won the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) 2015 ceremony held on Tuesday, 21 April 2014 at The Ritz-Carlton, Millennia Singapore.   Held as one of the anchor events of the Singapore Maritime Week (19 - 24 April 2015), the biennial Singapore IMA ceremony seeks to give recognition to  individuals and companies for their contributions to Singapore's


Northern Offshore acquired by Shandong Offshore

Pic: Northern Offshore Ltd

 Offshore oil and gas drilling firm Northern Offshore Ltd. has reached agreement on the terms of a recommended $165m cash acquisition by Shandong Offshore International Company Limited.    The NOK7.59 per share offer by Shandong has been unanimously recommended by the board of


Otto Marine Secures $131 mln in New Contracts

Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, has announced that in the second quarter of financial year 2015 (Q2FY2015) till date


AOD Orders 2 Jack-up Rigs at CSSC Huangpu Wenchong

Image: CSSC Huangpu Wenchong

 CSSC Huangpu Wenchong Shipbuilding Company has won an order to build a pair of jack-up drilling rigs for Alliance Offshore Drilling (AOD), subsidiary of Hong Kong-listed TSC Group.   The two Zentech-designed R-550D rigs are scheduled to be delivered by 2017 and June 2018, respectively


Samsung Bags $4.7bn Order for 3 FLNG from Shell Gas

Image:  Samsung Heavy Industries

 South Korean shipbuilder Samsung Heavy Industries Co. as won a 5.2 trillion won (US$4.7 billion) order to build three floating liquefied natural gas (FLNG) facilities, reports Yonhap.   Under the deal with the Netherlands-based Shell Gas & Power Developments B.V


All Women Crew Team SCA Win Volvo Ocean Race Leg 8

Team SCA crew. Photo: Team SCA

 All-women sailing crew Team SCA have recorded their first victory of the Volvo Ocean Race, clinching the eighth leg in the Bay of Biscay off the coasts of France and Spain.    The Swedish boat, skippered by Briton Sam Davies, won the eighth and penultimate 647-mile stage


Hyundai Merchant Marine sheds Asset to Cut Debt

South Korea's Hyundai Merchant Marine Co Ltd (HMM) will sell a major stake in stock brokerage Hyundai Securities Co Ltd for 647 billion won ($579.84 million) to a special purpose company set up by Japan's Orix Corp, an HMM spokesman said on Friday.


Harim Acquires Pan Ocean

Photo: Pan Ocean

 South Korean poultry processor Harim Corp. is set to wrap up its purchase of troubled dry bulk carrier Pan Ocean Co. after creditors and shareholders approved a rescue plan for the country's biggest bulk carrier.   Harim, partnering with JKL Partners


Ezra Wins UK North Sea Contracts

Image: EMAS AMC

 Offshore service provider Ezra Holdings has announced that subsea division, EMAS AMC, has won global contracts values at over $115m including options, reports Business Times.   These contracts include one for rigid pipe lay for the Aviat field development in the UK North Sea;


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


The Emirati Crew Leads Volvo Ocean Race

Photo: Volvo Ocean Race

 Abu Dhabi Ocean Racing had the Volvo Ocean Race trophy within their grasp as the seven boats entered the final lap on Saturday heading for Gothenburg after a one-day ‘pit-stop’ in The Hague, reports the Khaleej Times.  


TransAtlantic Speed Record: Will it Ever be Broken Again?

The Incat built high speed catamaran Hoverspeed Great Britain, which broke the record winning  the Hales Trophy on 23 June 1990, held the record and the owners held the Trophy, until 1998 when another Incat built ship Catalonia took the record in June 1998, then just a month later in July 1998 yet another ship built by Incat, CatLink V broke the record.

Will the prestigious TransAtlantic speed and endurance record ever be broken? Should it? Twenty five years ago headlines around the world announced a new world record, the fastest crossing of the Atlantic Ocean, by a ship built in Australia.   


Shipbuilding Contract: Zamakona Nabs ESVAGT Deal

Photo courtesy of Zamakona Yards

Astilleros Zamakona S.A, belonging to our group Zamakona Yards has signed a contract with the owner ESVAGT A.S, a company belonging to the multinational Danish AP Møller-Mærsk. The vessel will be delivered in the 2nd quarter of 2017 and will have the design and engineering of


Transocean Delays Drillships

Image: Transocean Ltd

 Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced.   The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine


CWind Wins Crew Transfer Vessel Contract

cwind logo.png

CWind has announced that it has won a six months contract to provide crew transfer services to Greater Gabbard Offshore wind farm.   Its 19m catamaran, one of more than 20 crew transfer vessels in the fleet operated by CWind, will assist with O&M activities at the project


Abu Dhabi Wins Volvo Ocean Race's In-port Series

June 27, 2015. The final day of the 2014-15 edition of the Volvo Ocean Race. Abu Dhabi Ocean Racing during the prize giving following the Inmarsat In-Port Race in Gothenburg. Photo: Volvo Ocean Race

 Abu Dhabi Ocean Racing won the Volvo Ocean Race (VOR), despite pulling into the port of Gothenburg, Sweden, in fifth place on Monday.     The Emirates team, skippered by Walker, triumphed in the nine-month triennial race after finishing fifth in the ninth leg from Lorient to






 
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