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
Kongsberg Maritime has delivered its 50th HAIN (Hydro Acoustic aided Inertial Navigation) Reference System, to long-time HAIN user, Ocean Rig. HAIN significantly improves reference data accuracy and update rate sent to Dynamic Positioning (DP) systems to support safer
MacGregor has secured an order from Wuchang Shipbuilding Industry for a 100-metric-ton SWL active heave-compensated subsea crane. The MacGregor crane will be installed on the anchor handling tug supply (AHTS) vessel, currently under construction for the offshore specialist
Douglas-Westwood has launched the first of a new suite of quarterly products which provide unparalleled insight into global oil & gas drilling & production (D&P); the core driver of oilfield services and equipment markets worldwide
MacGregor, part of Cargotec, informs it has won an order for two subsea cranes from South Korean shipyard Hyundai Heavy Industries and another for one from China’s Wuchang Shipbuilding. Korea order The active heave-compensated cranes will have an SWL of 100-tonnes and 25-tonnes
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
Aberdeenshire-based oilfield service company ROMAR International has entered a two year agreement with STEP Oiltools to represent the company in the Middle East. This agreement follows on from a successful contract already in place with STEP Oiltools to promote ROMAR’s range of magnetic
Olgoonik/Fairweather, LLC, in conjunction with a team of scientists from the University of Alaska Fairbanks, the University of Texas at Austin, the Florida Institute of Technology, Battelle Memorial Institute and Kinnetic Laboratories, Inc., has been awarded the Bureau of Ocean Energy Management
ITC Global has announced that it has named Jean-Michel Rouylou as its new Executive Vice President of Americas and Maritime Solutions. The move comes as the company expands its organization and establishes its Americas regional headquarters in Houston, Texas
Kirby Corporation says it is to construct an articulated 185,000 barrel tank barge and 10,000 horsepower tugboat unit (ATB unit) at a cost of $75 to $80 million for charter to a customer when completed. Joe Pyne, Kirby's Chairman and Chief Executive Officer, commented
Archer, the global oilfield service provider, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the Heimdal field in the Norwegian North Sea. Archer has selected the German rig manufacturer MAX STREICHER GmbH & Co. KG aA for its VDD 400
Offshore Inland Marine & Oilfield Services, Inc. (OIMO), a company in Topside and Riding Crew repair services, announced the appointment of a new executive to the company’s leadership team – Keal Woodruff, Vice President of Projects.
Wärtsilä say they are to supply a 62 MW topside power module solution for a Floating Production, Storage and Offloading (FPSO) vessel to be deployed at the Kraken oilfield located in the U.K. sector of the North Sea. This EPC (engineering
Hoover Container Solutions,a subsidiary of Hoover Group, Inc., has named Matt Matis as director of sales for the Gulf of Mexico region. Matis is based in Thibodeaux, La., and will work closely with Hoover’s facilities in Port Fourchon, New Iberia and Scott, La.
Deltamarin signed a contract with Bumi Armada, for the basic design of a floating production, storage and offloading (FPSO) unit. In November 2013, the Malaysia-based international offshore oilfield services provider, Bumi Armada, announced that they have secured a contract to supply the unit