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Sea Contract

Dron & Dickson Win Multi-Million-Dollar Contracts

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Dron & Dickson, a specialist in design, supply and maintenance of hazardous area electrical equipment, has secured £55million (over $89.7 million) in UK North Sea contract wins for the first half of 2011. During the last 6 months, the company has landed both new and extended contracts with oil majors such as Nexen Petroleum U.K Ltd, BP, Talisman Energy (UK) Limited and ConocoPhillips. Work has included the provision of electrical good to support maintenance of offshore assets and hazardous area inspection services to meet operational requirements in the North Sea. Dron & Dickson operations director Colin Maver said: “It’s been a really fantastic year so far, our most successful yet in terms of activity levels. We have secured a number of significant contract wins and have also seen a marked increase in work load from existing clients. “We have invested heavily in developing exceptional QHSE standards and a competency-assured workforce. We are also IRATA accredited and I believe that this has contributed significantly to the record levels of business we are winning."


Aker Verdal wins North Sea contract

Aker Verdal has been awarded a contract from Nexen Petroleum U.K. Limited for fabrication of the flare and bridges for its operated Buzzard field in Blocks 19/5, 19/10, 20/1 and 20/6 of the UK Sector of the North Sea. The contract was won by Aker Verdal through an international competitive bidding process, and is important to the yard in Verdal. The contract is for the construction, load-out and sea-fastening of one flare and two bridges


Stolt Offshore Wins N.Sea Contracts

Stolt Offshore S.A. received Letters of Intent, valued at approximately $26 million for two contracts from Statoil ASA on its Norne Satellites Project in the Norwegian Sector of the North Sea. The Letters of Intent cover the installation of umbilicals between the Norne FPSO and the new satellite locations Stær and Svale, the installation of manifolds, the fabrication and installation of risers, water injection flowlines and flexible components as well as subsea tie-ins


Offshore Solutions Signs North Sea Contract with Maersk Oil UK

REM Installer

Offshore Solutions BV (OSBV), the joint venture between AMEC and Cofely Nederland NV, has signed a North Sea contract with Maersk Oil UK to provide marine access support to the floating production, storage and offloading (FPSO) unit Global Producer III. Located 185 miles north east of Aberdeen, Scotland, OSBV’s Offshore Access System (OAS) will support the shutdown operations for a minimum of 110 days, with options to extend.


North Sea Utilization Rates Down

Farstad Shipping achieved a cash flow of NOK 142.3 million in 3Q 2003 (NOK 145.1 million in 3Q 2002). The operating income was NOK 381.2 million (NOK 318.2 million) and the operating profit (EBIT) was 82.9 million (NOK 112.5 million). Five of the company's vessels have traded the spot market in the North Sea. Two other vessels have been upgraded and mobilized for long-term contracts and were therefore without revenue forpart of the period. In the Far


Technip Gets Major North Sea Contract

Technip awarded a major contract for the Bøyla field development in the North Sea Technip gains a Marathon Oil Norge AS  engineering, procurement, installation and commissioning contract, worth above €300 million, for the Bøyla field development in the North Sea, located about 225 kilometers West of Stavanger, Norway, at a water depth of 120 meters. The contract includes all activities necessary to complete the construction of the subsea system for the Bøyla


Technip Awarded North Sea Contract by RWE Dea

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Technip was awarded a full EPIC(1) contract by RWE Dea, for the Clipper South gas field development in the North Sea. The field is located 70 kilometers North-east of the Bacton gas terminal in 25 meters of water. The contract covers full project management, detailed pipeline design, installation and tie-in of a 15.5 kilometer 12" production line and 3" methanol piggyback line from the new Clipper South platform to the existing LOGGS (Lincolnshire Offshore Gas Gathering system)


Major North Sea Contract Win for Expro

International oilfield service company Expro has been awarded a multi-million pound contract by Apache North Sea Ltd in the UK North Sea following completion of a competitive tender process. The contract, worth approximately $7.5m annually, mainly covers work on the Forties field. It sees Expro providing wireline services and establishing an alliance with another leading provider to deliver coiled tubing and pumping services for Apache.


Seaway Heavy Lifting Hoists North Sea Contract

Seaway H/L Ship Oleg Strashnov: Photo credit Seaway Heavy Lifting

Cyprus-based Seaway Heavy Lifting awarded a transportation and installation contract for UK's East Anglia offshore wind zone. Aberdeen based Wood Group Engineering (North Sea) Ltd awarded the contract to Seaway Heavy Lifting Contracting Ltd for the transportation and installation of two weather monitoring stations for the East Anglia Offshore Wind zone, located in the Southern North Sea, East Anglia Field, UK. The offshore weather monitoring stations comprise of conventional mono-piles


Deep Sea Supply Announces Multiple Contract Awards

Deep Sea Supply PSV

  Deep Sea Supply is pleased to announce multiple contract awards with an international major subsea contractor for a total duration of approximately 1000 vessel days.  The three PSVs of PX105 design "Sea Spider", "Sea Springer" and "Sea Spark" have been awarded contracts for ten, ten and four months, respectively. The AHTS "Sea Lynx" has been awarded a contract to be performed in two phases; first phase 40 days and second phase 250 days


NAO Secures PSV Contracts with Oil Major

Photo courtesy: NAO

Nordic American Offshore Ltd. (NAO) informs that it has secured platform supply vessel (PSV) contracts with a major oil company.   NAO’s two new contracts with are for four months firm periods, with further options for each vessel.  


US Wants Japan to Patrol South China Sea

Courtesy: Japanese Ministry of Defense

 Admiral Robert Thomas, senior U.S. Navy officer and commander of the Seventh Fleet and the top U.S. navy officer in Asia, has told Reuters that the United States would welcome operations conducted by the Japanese Self-Defense Forces in the South China Sea


Shell: UK Should Reduce North Sea Oil Tax

The British government should review a supplementary tax charge on North Sea oil producers as it has made the operation of some fields unrealistic, Shell Chief Executive Ben van Beurden said on Thursday. "It needs to be looked at as the tax position is hindering viability


Asean Raps Chinese Sea Aggression

Photo by Asean

Southeast Asian foreign ministers have expressed concern at Chinese land reclamation in the disputed South China Sea, as the Philippines urged them to stand up to Beijing, reports AFP.  The statement came after Manila warned fellow members of the Association of Southeast Asian Nations


USACE Barges, Tugs Up for Repair

Photo: Great Lakes Shipyard

The United States Army Corps of Engineers (USACE) Buffalo District has awarded a repair contract to Great Lakes Shipyard for two tugs and two barges from the Corps’ Cleveland Field Station.   The shipyard said it has been contracted to perform drydocking


China Warns India, US on Regional Conflict

Pic: Press Information Bureau, Government of India

There is no need for India and the United States to have concerns on navigation and over flight over the disputed South China Sea, says China. "The situation in the South China Sea was stable and that there was no problem with freedom of navigation in the area," China said. 


A&P Contracted for Navy Tanker Maintenance

Image by A&P Group

A&P Group, the UK’s largest ship repair firm has bagged a £15 million military contract to complete the fit-out of the Royal Navy support group’s new fleet of tankers.   The Cornish shipbuilder will customize and maintain the Royal Fleet Auxiliary’s four new


Asean: Malaysia Prepares to Set Sail Into Maritime Disputes

Picture by ASEAN

Will Malaysia’s chairmanship of Asean spur the establishment of a long-delayed maritime Code of Conduct (CoC), aimed at resolving territorial disputes between China and neighboring countries in the South China Sea?  A report appeared in New Strait Times in Singapore says that the


Yamal LNG Inks Deal with Gazprom to Sell LNG in Asia

A trading subsidary of Russian gas producer Yamal LNG has signed a long-term supply contract with a trading subsidiary of Gazprom, under which liquefied natural gas (LNG) produced by Yamal LNG will be sold in Asia, Yamal LNG said on Friday.  


Xunlong Shenzhen Orders Dutch-designed Ferry

Photo courtesy of CoCo Yachts

CoCo Yachts B.V. inks contract with Xunlong Shenzhen Ferry Company for one Coastal Cruiser 300 Xunlong Shenzhen Ferry Company has ordered a Coastal Cruiser 300 ferry from CoCo Yachts, a Dutch design company specializing in the design of aluminum catamarans.


Chemical Tanker Turned OSV

In its former life, Uksnoy Shipping’s seismic support vessel Rig Adromeda was a Turkish-built chemical tanker,  converted to an Offshore Service Vessel with a twist: an innovative permanent-magnet propulsion system from Inpower. (Photo courtesy Uksnoy Shipping)

With innovation in its Norwegian DNA, Uksnoy Shipping took a chemical tanker and made it into an Offshore Service Vessel with an innovative propulsion system. The conversion of a Turkish-made chemical tanker and its retrofitting with a promising new energy-saving propulsion system in 2013


Maritime Dispute an Issue for Entire ASEAN, Says US

Image: Department of Foreign Affairs, Philippines

The South China Sea took center stage at the Bilateral Strategic Dialogue between the United States and the Philippines held in Manila, as China continues to engage in "massive" construction activities in the disputed area. Both the countries jointly expressed their concern over recent


Maersk Drilling Mulls Leviathan Contracts

Picture by Maersk Drilling

Jonas Bjork, commercial manager Maersk Drilling Denmark, a subsidiary of Maersk Group, says that Israel is in his radar in the near future and hinted that his company targets Leviathan contracts, reports Globes.  Bjork added that the Israeli government may make things difficult


Damen's Customised Dredger for Van Oord

Damen Cutter Suction Dredger 650

  Damen has signed a contract with leading dredging and marine contractor Van Oord for the supply of a CSD 650 custom suction dredger together with an FCS 1605 Fast Crew Supplier, initially for operations in the Caspian Sea. Designed and delivered by Damen Dredging Equipment in Nijkerk


Tankers Booked to Store Oil at Sea

Oil traders have booked up to 20 tankers to store an estimated 40 million barrels of crude at sea, rising from 25 million barrels last week, as they soak up a stocks glut in anticipation of future profits, shipping and oil market sources said.  






 
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