Mobile, Alabama based Offshore-Inland Marine & Oilfield Services recently completed Dynamic Positioning (DP) system upgrades for Navigare on the accommodation Semis Safe Regency, Safe Lancia and the Safe Britannia. The DP system upgrades, which were performed while working in conjunction with Rolls-Royce, primarily consisted of hydraulic tubing replacement, installation of distribution manifolds and filter systems installations. Several hydraulic pump and motor upgrades were also necessary to upgrade the DP system. Prior to completion of the job, Offshore-Inland Marine & Oilfield Services performed a system flush, hydrostatically tested all components and commissioned the systems.
Offshore-Inland Marine & Oilfield Services completed a repair job for Celebrity Cruise Lines in November 2003. Celebrity’s Millennium required replacement of a 20-ton main propulsion transformer during a planned port visit at Port Everglades, Fla. Offshore Inland responded in spite of the strict time frame requirement to cut a large access opening in the vessel’s side, remove the existing transformer, install a new Celebrity provided transformer and close the access opening all in less
Offshore oilfield service stocks, to put it mildly, have endured a wild ride for much of 1999. The once high-flying sector actually hit the skids in concert with the late 1997 Asian financial crisis, and resultant plummet in oil prices. Despite a raging rally in oil pricing for much of the year, investors have cautiously approached the stocks. One reason for the caution is purely psychological, as too many investors have been burned too many times on the cyclical stocks
Schlumberger Oilfield Services has acquired Kavernen Bau und Betriebs GmbH (KBB) from the Preussag Group. The purchase of the Hanover, Germany-based consulting firm, which has more than 30 years of experience in subsurface gas storage, augments the range of services provided by Schlumberger for the growing worldwide gas business. KBB's primary expertise is in the engineering, construction and project management of facilities for the underground storage of natural gas in salt domes
In Bangalore, offshore oilfield services firm Great Offshore Ltd has run into fresh trouble after Axis Bank Ltd walked out of a deal to lend Rs350 crore to the Mumbai-based firm for funding the purchase of an oil drilling rig, currently under construction at Bharati Shipyard Ltd. Axis Bank wanted the money back after ONGC cancelled the rig contract and also due to delay in completing the construction of the rig. (Source: livemint
Swire Oilfield Services, a provider of offshore cargo carrying units and associated services has appointed David Rae as sales director in line with its significant investment plans. Rae brings a wealth of knowledge and experience to the company gained from holding a variety of senior commercial and finance roles in a career spent working in both the oil and gas and manufacturing industries. He was most recently business development director at helicopter operators CHC.
Baker Hughes Inc., the world's third biggest oilfield services company, reported sharply lower third-quarter operating earnings, but said business had begun to improve as this year's recovery in oil and gas prices led to a gradual increase in drilling activity. The Houston-based company said pre-tax operating profit, excluding unusual one-time items, fell to $14.2 million from $100.9 million in the third quarter of 1998. Revenues fell to $1.21 billion from $1.58 billion.
According to the Hindu, Bharati Shipyard will construct and supply an offshore support vessel to integrated offshore oilfield services provider Great Offshore for $64.8m. The vessel, which has a diesel electric propulsion system with 5 generators of a total power of 10,500 KW, is fully-equipped to support diving/sub sea operations. The above contract is in lieu of a contract dated March 24 for one multipurpose offshore support vessel valued at $17.4m ordered by Great Offshore.
Oceaneering International, Inc. has appointed Philip D. Gardner as Senior Vice President, Manufacturing. Effective April 1, 2004, Mr. Gardner will assume worldwide P&L responsibility for Oceaneering's products group, which includes Oceaneering Multiflex and Oceaneering Intervention Engineering. In addition, he will have worldwide functional oversight responsibility for Materials Management and Quality Assurance in the oilfield sector. Mr
Wild Well Control, a Superior Energy Services company, announces that James Tuppen has joined the company as Manager, International Well Control Operations. Tuppen has more than 30 years of experience in the oil and gas industry involving snubbing services, pressure control and well control operations. “With his strong pressure and well control experience, James will be a great asset to our Middle East/North Africa region and our global operations as well,” said Freddy Gebhardt
Rolls-Royce has won an order to provide an integrated design and equipment package for two offshore supply vessels to be built at COSCO (Guangdong) Shipyard Co., Ltd. in China for the Singapore based Chellsea Group, a company in the offshore oilfield services industry.
Environmental Drilling Solutions (EDS), a provider of drilling waste management, solids control and backyard management solutions to the oil and gas industry, announced two senior-level additions to its management team: John Meckert as chief executive officer (CEO) and John Marty III as business
Swire Oilfield Services, a global provider of cargo carrying solutions, modular systems, offshore aviation services and fluid management, has appointed Bob Smith as its new head of operations for the U.K. Mr. Smith will oversee all operational activity of the U.K
ASRC Energy Services Response Operations, LLC, a leading offshore spill response operator in Alaska, and Foss Maritime Company, one of the nation's largest coastal tug and barge operators, have formed a joint venture to together pursue marine services opportunities throughout Alaska
Produced Water Absorbents, Inc., (PWA) of Ohio, U.S., expanded its global footprint, choosing Aberdeen to locate its first international entity, PWA Europe Ltd. The environmental oilfield service provider was incorporated in June 2011 and has its global headquarters in Wooster, Ohio, USA
Hermes Datacommunications is now providing VSAT services in Yangon, Myanmar for one of the world’s leading Oilfield Service Groups. Hermes Datacomms has installed a stabilised antenna at the customer’s worksite, an offshore rig, and linked it back to Yatanarpon Teleport in Yangon
Aker Solutions ASA and Statoil ASA have cancelled a contract for delivery of a semi-submersible rig capable of year-round well-intervention services on the Norwegian continental shelf. The companies in April 2012 agreed Aker Solutions would build the Category B (Cat B) rig and use it to provide
China Oilfield Services Limited (COSL) has signed agreements with 5 different shipbuilders for the construction of 15 vessels of various types to serve China's offshore industry. The vessels, due for delivery between January and August 2015, include: one output enhancement vessel, four 6
Kirby Corporation ("Kirby") (NYSE:KEX) will announce its 2013 second quarter results at 5:00 p.m. central time on Wednesday, July 24, 2013. A conference call to discuss the results will be held at 10:00 a.m. central time on Thursday, July 25, 2013.
Wison Offshore & Marine Ltd. (Wison), a subsidiary of the Wison Group, has announced the award of a contract from China Oilfield Services Limited (COSL) to supply one modular drilling rig for use on a platform in the Mexican sector of the Gulf of Mexico operated by Petróleos
Enteq Upstream PLC, a provider of upstream technology and products, launched an integrated Measurement While Drilling (MWD) solution based on proven technologies from Extended Exploration Technology (XXT) and KM Services (KMS), two companies acquired by Enteq in 2012.
Braemar Adjusting continues its development and expansion with the recruitment of new personnel to its London-based loss adjusting team. Geoffrey Thomas, Braemar Adjusting Regional Managing Director, said, “We welcome Alan Tucker, Richard Collins and Patricia Castro to our team here in
Fugro and Malaysia Oilfield Services company, Bumi Armada Berhad, are entering into a Joint Venture to target to the well services industry. The new venture, in which Fugro has a 49% interest and Bumi Armada a 51% interest, will feature a multi-disciplined team made up of members of both
OSD-IMT, a division of Offshore Ship Designers, has secured a design contract for two IMT 965 seismic support vessels (SSV's) with a bollard pull in excess of 50 tonnes for China Oilfield Services Ltd (COSL), Beijing. The vessels will be used to provide a range of support activities to
Aberdeenshire-based oilfield service company Romar International has awarded the contract of the management of its offshore workforce to Frontier International, an Aberdeen based international oil and gas recruitment company. The personnel management contract, worth £650