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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 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.


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


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


Navy Ocean Services Contracts Awarded to Five Firms

Floating crane: File photo

The US Department of Defense inform that five firms are to share in a broad range of ocean engineering services contracts with a combined maximum dollar value of US$99-million. Details as follows: The five firms are: Truston Technologies Inc., Lafayette, Louisiana


Arctic Shipping Routes: P&I Insurance FAQs

Arctic navigation: File photo

The UK P&I Club has compiled an FAQ which focuses on the implications for P&I insurance of choosing to use the Northern Sea Route. The Northern Sea Route (NSR), or North East Passage, runs along the Russian coast from the Atlantic to the Pacific through the Kara, Laptev, East Siberian


GD Electric Boat Gets Potential US$1.5-Billion Navy Contract

Virginia-class submarine: Photo USN

The Department of Defense informs that General Dynamics Electric Boat Corp., Groton, Connecticut, is being awarded a $234,229,426 cost-plus-fixed-fee contract for design agent, planning yard, engineering and technical support for active nuclear submarines


Wärtsilä Wins Its Largest Single BWMS Order

44 Wärtsilä AQUARIUS UV Ballast Water Management Systems will be installed on 22 bulk carriers being built for Pioneer Marine, Singapore.

A total of 22 bulk carriers, being built by Yangzhou Guoyu Shipbuilding Co. Ltd in China for Singapore based Pioneer Marine, will feature Wärtsilä Ballast Water Management Systems (BWMS). The Wärtsilä systems will enable the vessels to comply fully with the IMO's ballast water


Rolls-Royce Propulsion Systems for New Finnlines Ferries

Finnlines ferry: Image courtesy of Rolls-Royce

Rolls-Royce says it has won a contract to install its efficient Promas Lite propulsion system on two vessels for ferry operator Finnlines. Promas Lite is an integrated propeller and rudder system that increases efficiency and is designed specifically for retrofitting to existing ships.


DoD Awards Two Ship Repair Contracts

USS Mount Whitney: Photo USN

The US Department of Defense informs it has awarded a contract to Brodogradiliste Viktor Lenac D.D., Rijeka, Croatia, for the 'USS Mount Whitney', and a contract modification to General Dynamics National Steel and Shipbuilding Co., San Diego, California for work on 'USS Boxer'.


Sea Trucks Signs $130m Facility for Offshore Newbuild

Jascon 18 at Kwong-Soon shipyard

Sea Trucks Group Limited, an international oil and gas marine contractor with a track record in the key oil and gas producing regions, particularly West Africa, announced a $130 million facility to finance the completion of Jascon 18 has been signed.


Offshore Oil Drilling Market to Suffer through 2015

Photo: Seadrill

A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration, industry executives said on Wednesday.


Shell Offers Complete Lubricant Lineup for ECA-bound Vessels

Photo: Shell

Today, Shell Marine Products (SMP) introduced Shell Alexia S3, its solution for large vessels with two-stroke engines entering into waters where the revised emission control area (ECA) regulations will come into force on January 1, 2015. Shell Alexia S3 will be available to customers from December


LR Clarifies Gas Readiness Standard

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To justify design and production requirements, CAPEX investment and operational planning, LR’s Gas Fuelled Readiness (GR) notation, with levels A, S, T, P and E (M, A, B and I), gives real meaning to options for ‘gas readiness’  


First OSV to Have Rolls-Royce 'Unified Bridge'

OSV Stril Luna: Image courtesy of Rolls-Royce

Rolls-Royce inform that Norwegian ship owner Simon Møkster Shipping has received its new offshore vessel, 'Stril Luna', from Gondan shipyard in Spain. 'Stril Luna' is the first vessel to enter operation with Rolls-Royce’s Unified Bridge and has now arrived in Norway to begin a long-


Panama Canal's JIT Transit Service Modified

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  The arrival time for vessels that have been awarded a JIT (Just-in-Time) Transit Service at Panama Canal will be determined based on the conditions listed below, and not the time the vessel arrives at the sea buoy at either terminal of the Canal.


Greek Owner Docks Three with Gibdock

Photo courtesy of Gibdock

Piraeus-based Aegean Maritime Petroleum Network Inc. (AMPNI) has recently contracted Gibraltar yard Gibdock to carry out repairs to three of its vessels. The Aegean Princess, Halki and Nisyrus were all docked within the space of just over a month


Rowan Viking Rig Upgrade Completed on Schedule

ROWAN VIKING RIG UPGRADE COMPLETED

  Damen Shiprepair Vlissingen, part of Damen Shiprepair & Conversion, has completed a major upgrade of a Keppel Fels ‘N’ Class drilling rig, one of the largest in the North Sea, in thirty days less than was initially projected by the client. Owner Rowan Companies plc


BW Offshore Awards SatCom Contract to Orange

SatCom dish: File photo

Provider of floating production services to the oil and gas industry, BW Offshore, says it has signed a 5-year, $12 million contract with Orange Business Services for an end-to-end satellite communication solution for its fleet of oil and gas production vessels.






 
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