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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


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.


Euronext Says Working on Black Sea Wheat Futures

The rising influence of Black Sea markets on world prices prompted Euronext to start working on developing futures contract that would allow price hedging in one of the world's largest export zones for the grain, it said on Friday.   Production swings in the Black Sea and European Union have become the main drivers of world wheat prices to the detriment of Chicago futures as U.S. farmers increasingly turned to corn and soybean crops, analysts and traders said.  


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)


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


FPSOs Sit Unprecedentedly Idle

FPSO Cidade de Marica SBM (Photo: Claudio Paschoa)

While the oil and gas markets are starting to come to life, nearing the $50 per barrel mark, the future fate of floating production remains a mystery   The 20 year four-fold growth pattern in the world’s FPSO fleet stalls out in 2016 with a record number of FPSOs idle and available


UK First to Accept Marine Geoengineering Amendments

Photo: IMO

The United Kingdom has become the first state to formally accept the 2013 marine geoengineering amendments to the 1996 “London Protocol”, the treaty covering dumping of wastes at sea.   The amendments support the precautionary approach by providing for specific marine


RS Rules Conform to the IMO Goal-based Standards

The rules of the Russian Maritime Register of Shipping are in conformity to the International Maritime Organization (IMO)goal-based standards (GBS), the IMO’s Maritime Safety Committee (MSC) confirmed at its 96th session held in London from May 11-20, 2016.  


UK First to Accept Marine Geoengineering Amendments

Photo: International Maritime Organization (IMO)

 The United Kingdom has become the first State to formally accept the 2013 marine geoengineering amendments to the 1996 “London Protocol”, the treaty covering dumping of wastes at sea.    The amendments support the precautionary approach by providing for specific


Milestone for Canada’s Arctic Offshore Patrol Ships

GE’s Marine Solutions business in Peterborough, Ontario is completing one of the first milestones of the company’s seven-year contract with Irving Shipbuilding Inc.,(ISI) to provide electrical power, propulsion systems, installation and commissioning services for six ice-capable Arctic


Together Towards Cleaner Oceans

Photo:  International Maritime Organization (IMO)

 International Maritime Organization (IMO)  is contributing to a United Nations meeting covering marine debris, plastics and microplastics in New York (13-17 June).    Discussions are focusing on information exchange between key players involved in the protection of the


Bulgaria Will Not Join Any NATO Black Sea Fleet After Russian Warning

Bulgaria's prime minister said on Thursday he would not join a proposed NATO fleet meant to counter Russian forces in the Black Sea as he did not want a war there, a day after Moscow warned against any build-up.   Boiko Borisov said he did not want to see frigates sailing past the tourist


NATO Accelerates Military Buildup in Black Sea

Photo: NATO

 The NATO buildup in the Black Sea is part of the alliance's strategy to expand its military presence along Russia's borders. The move would destabilize the situation in the region, says a report in Sputnik.   Russian state media reported earlier this month that the USS Porter, a U.S


US Navy Warship Undergoes Shock Trials

Independence variant Littoral Combat Ship USS Jackson (LCS 6) has completed the first of three scheduled full-ship shock trials. (U.S. Navy photo by Michael Bevan)

The U.S. Navy’s Littoral Combat Ship USS Jackson (LCS 6) completes shock trials; Austal USA receives LCS contract modification for 'Sea Giraffe' Radar   The Independence variant Littoral Combat Ship (LCS) program continues to progress, with the U.S


US Says It Will Stay in Black Sea despite Russian Warning

USS Mason (DDG 87) (U.S. Navy photo by Casey J. Hopkins)

The United States will maintain its presence in the Black Sea despite a Russian warning that a U.S. destroyer patrolling there undermined regional security, the U.S. Navy Secretary said.   The USS Porter entered the Black Sea this month, drawing heavy criticism from Moscow


COSCO to Roll out Cruise to Xisha Islands

Image: COSCO Shipping Corp

 China’s state-owned COSCO Shipping Corp plans to launch cruise services in the South China Sea in July, reports Reuters.    The first route is expected to travel from Sanya to the Yongle Island, part of the Xisha Islands in Hainan province.  


Sea Trucks Secures Flotel Contract for Malikai Project

Jascon 34 (Photo: Sea Trucks Group)

Sea Trucks Group has been awarded a contract from Sabah Shell Petroleum Company Limited for the provision of flotel services for the Malikai deepwater development project, located 100 kilometers off Sabah, Malaysia, at a water depth of around 500 meters


Hess Denmark Renews Integrity Inspection Contract with DNV GL

Kjell Eriksson, regional manager for Norway, DNV GL – Oil & Gas. Photo: DNV GL

 Hess Denmark ApS has awarded a contract to DNV GL to provide asset integrity inspection management of its South Arne field including Risked Based Inspection (RBI) services and Non-Destructive Testing (NDT) inspection services.  


World's First Offshore Fish Farm Rig

(Image: Rolls-Royce)

World's First Offshore Fish Farm Rig: Designed by Global Maritime - Owned by SalMar - Built by Qingdao Wuchuan Heavy Industries - Moored by Rolls-Royce   Rolls-Royce signed a contract for the construction and delivery of an eight point mooring system to the world’s first offshore fish


EU Calls for Free Passage in South China Sea

Countries must be free to pass through the South China Sea, the European Commission said on Wednesday, in its first diplomatic admonishment of Beijing after Chinese jets intercepted a U.S. military plane over the contested waters last month.  






 
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