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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


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


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.


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.


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)


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


Offshore Vessel Charters for Farstad

Farstad OSV: Image credit Farstad Shipping

Farstad Shipping ASA has been awarded charter contracts with a value of about US$ 58-million. The contracts awarded to Farstad are as follows: Statoil has awarded contracts to PSV Far Spica (2013, PSV 08 CD, 4,000 DWT) and PSV Far Scotsman (2012, PSV 08 CD, 4,000 DWT) to support the Statoil drilling campaign on the coast of East Africa. Commencement is expected to take place in April 2013. The duration of the contracts will be approx. 9 months, with a further 9 month option


Foster Wheeler-Led JV to Develop Nafusah Onshore Oilfield

Roberto Penno Chief Executive Officer of Global Engineering & Construction Group

  Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with Taknia Libya Engineering Company (Taknia), has been awarded a front-end engineering design (FEED) contract by Nafusah Oil Operations B.V


Manila Urges Unity in China Sea Dispute

The Philippines is pushing for a meeting among four Southeast Asian nations with conflicting claims to waters in the South China Sea so that they can hammer out a common stand in dealings with China, Manila's foreign minister said on Friday.


Detyens Shipyards Awarded 'USNS Arctic' Drydock Contract

USNS Arctic refuels USS Nimitz: Photo USN

The U.S. Department of Defense informs that Detyens Shipyards Inc., North Charleston, South Carolina, is being awarded an $11,631,622 firm-fixed-price contract for a 75-calendar day regular overhaul and dry-docking of USNS Arctic (T-AOE 8).


Giant Vessel to Change Offshore Decommissioning Game: Analyst

Pieter Schelte: Image courtesy of Allseas

The new Allseas vessel, 'Pieter Schelte', is able to replace the previous slower method of removing topsides piece by piece with one lift, meaning a decommissioning job could be done in a fraction of the time, say analysts Douglas-Westwood in their latest 'DW Monday' report.


LR to Support LNG Bunkering in Portsmouth

Aerial view of Portsmouth and ferry terminals (Photo: LR)

Lloyd’s Register (LR) is working with British port to develop operational procedures and technical standards required for safe LNG bunkering operations. LR has commenced a project to identify the technical specifications and develop operating procedures for safe LNG bunkering in


Rolls-Royce to Design & Equip Stern Trawler for Prestfjord Havfiske

Priestfjord trawler - courtesy Rolls-Royce

Rolls-Royce announced it has signed a £7 million contract to design and equip a stern trawler for the Norwegian fishing company Prestfjord Havfiske AS. The trawler is a Rolls-Royce NVC 370 design and will be built at Freire Shipyard in Vigo, Spain


Dire Need of NNS Offshore Accommodation: Analyst

Offshore workers: File photo

Declining North Sea production and increasingly mature assets are expected to drive demand for offshore accommodation support, with the attributed maintenance, refurbishment and shutdown work requiring additional personnel-on-board and workshop capacity


EMGS Receives Contract Worth $2.7 mln from OMV (Norge) AS

File photo :EMGSs two purpose-built 3D EM vessels

Electromagnetic Geoservices ASA (EMGS)  the marine EM market leader, who uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbonshas, received a contract worth USD 2


Rise of the Semisub Floatel

Declining North Sea production and increasingly mature assets are expected to drive demand for offshore accommodation support, with the attributed maintenance, refurbishment and shutdown work requiring additional personnel-on-board and workshop capacity, Douglas-Westwood reported


Pope Affirms Apostleship of the Sea’s Work

Pope Francis (Photo courtesy of the Official Vatican Network)

Pope Francis has affirmed seafarers’ charity Apostleship of the Sea’s (AoS’) ministry with peoples of the sea in his address in the Vatican, as churches around the world celebrated Sea Sunday. In his address on July 13 in St Peter’s Square, Pope Francis said


Bay Shipbuilding Awarded USCG Repair Contracts

Hollyhock (WLB-21)

Fincantieri Marine Group (FMG) subsidiary, Bay Shipbuilding Company (BSC) of Sturgeon Bay, Wisconsin, has been awarded a USCG contract for drydock repairs to the United States Coast Guard Cutter Hollyhock (WLB-21) and a second USCG repair and sustainment contract for the icebreaker Mackinaw


Vard to Design, Build PSV for E.R. Offshore

VARD 1 08. Overall length: 81m, Breadth 18m, 4,000 dwt. (Image courtesy of Vard)

Vard Holdings Limited announced that it has secured a contract for the design and construction of one Platform Supply Vessel (PSV) for E.R. Offshore. The vessel is a multifunctional PSV of VARD 1 08 design with a total length of 81 meters, beam of 18 meters and a cargo deck area of 830 m2


GLDD, BAE, Awarded DoD Contracts

Dredging Work off New York: File photo

U.S. Department of Defense informs that a New York Harbor dredging contract has been awarded to Great Lakes Dredge and Dock Company (GLDD) and a Navy USS Jacinto drydocking contract to BAE Systems Norfolk Ship Repair. Details as follows: 1. Dredging contract


Oil Traders Hearing Contango Music Again; Not Loud Yet

Traders in the Brent oil market have started to use a word that was almost forgotten in the last four years - "contango" in industry jargon, which could also be described as "music to the ears of sellers". The market has not seen a prolonged contango time structure - with


Imtech Equips HelWin bèta with HVAC System

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On June 14, the HelWin bèta platform left on a barge from the Heerema Fabrication Group's (HFG) yard in Zwijndrecht for Schiedam to complete outstanding work. Last week, HelWin bèta reached its final destination in the German North Sea






 
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