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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


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


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


China Asks: Why is Japanese Warship Going to South China Sea?

The Bridge of JDS Kirishima in JMSDF Yokosuka Naval Base, Japan. She is a Kongo-class guided missile destroyer in the Japan Maritime Self-Defense Force. CREDIT: JPAaron AdobeStock

China said on Tuesday it was waiting for an official word on why Japan plans to send its largest warship on a three-month tour through the South China Sea, but that it hopes Japan can be responsible.   China claims almost all the disputed waters and its growing military presence has fuelled


Cammell Laird: Polar Ship Contract to Kick-start Exports

Photo: Cammell Laird

British shipyard and engineering company Cammell Laird said it plans to unleash an “aggressive exports drive” in 2017 after one of its busiest years for commercial marine work, which saw it land the biggest shipbuilding project in the U.K. for a generation.  


China Pledges Firm Response to Japan's S.China Sea Visit

China on Thursday pledged a firm response if Japan stirs up trouble in the South China Sea, after Reuters reported on a Japanese plan to send its largest warship to the disputed waters.   The Izumo helicopter carrier, commissioned only two years ago, will make stops in Singapore, Indonesia


Eight Damen Interceptors for Panama

(Photo: Damen)

The National Air and Naval Service of Panama (Servicio Nacional Aeronaval - SENAN) has taken delivery of four Interceptor 1102 vessels from Damen Shipyards Group. The President of Panama, Juan Carlos Varela, performed the christening ceremonies of all four vessels on February 6, 2017.  


Pronomar Delivers for Bernard Schulte’s New SOVs

Windea La Cour (Photo: Pronomar)

Pronomar said it has provided drying systems to Bernard Schulte Ship Management, for the company’s two new service operations vessels (SOVs), Windea La Cour and another to-be-named, working under contract for SIEMENS in the 600 megawatt Gemini wind farm in the Dutch part of the North Sea.


Allseas Bags Nord Stream 2 Project Contract

Photo: Nord Stream 2

 Following an international tender process, Nord Stream 2 AG have awarded a contract for offshore pipelay of the Nord Stream 2 natural gas pipeline through the Baltic Sea to Allseas.    The company will undertake offshore pipelay works for both lines in 2018 and 2019


MOL Invests in Self-Elevating Platform Vessel Operator

One of the world’s largest Self-Elevating Platform vessels, the Seajacks Scylla, owned and operated by Seajacks Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels(*1), from Marubeni Corporation. This is a new offshore business for MOL, following FPSO(*2), FSRU (*3)


NASSCO Delivers Final Tanker for SEA-Vista

Liberty (Photo: General Dynamics NASSCO)

U.S. shipbuilder General Dynamics NASSCO has delivered the third and final ship for SEA-Vista LLC as part of the builder’s larger eight-ship ECO Class tanker program.    The LNG-conversion-ready Jones Act tanker Liberty was delivered on March 1


Algoma, Nova Marine Form JV

Pic:  Algoma Central Corporation

 Canada-based Algoma Central Corporation  and Switzerland's Nova Marine Carriers SA  have announced that they are exploring an expanded partnership that is expected to lead to the creation of a global company specializing in short-sea dry bulk shipping.    


d’Amico Delays Delivery of LR1 Tankers

Photo:  d’Amico ​Società di Navigazione SpA

 Tanker shipping company d’Amico Tankers agreed with Hyundai Mipo Dockyard Co.Ltd. – South Korea to postpone the delivery of its first newbuilding LR1 (Long Range – 75,000 dwt)from April 2017 to October 2017.   This agreement follows a specific request of an oil major


Underwater Ship Repair Specialists Merge

Subsea Global Solutions acquires All-Sea Underwater Solutions   Lariat Partners, a Denver-based private equity firm, announced that its portfolio company Subsea Global Solutions (SGS) has acquired All-Sea Underwater Solutions (All-Sea)


Vigor Wins $10.3M Navy Repair Deal

Vigor Marine LLC, Portland, Oregon, is being awarded a $10,268,877 firm-fixed-price contract for a 45-calendar day shipyard availability for the regular overhaul and dry docking of USNS Matthew Perry (T-AKE 9).  Work will include clean and gas-free tanks, voids, cofferdams and spaces


Chine Cruise Ship's New Destination: Disputed South China Sea

Image: China State Shipbuilding Corporation

 China has commissioned a new cruise ship to take tourists to islands claimed by Vietnam in the disputed South China Sea, reinforcing its claim over the area, reports Reuters.   The ship called Changle Gongzhu, or Changle Princess, sailed from Sanya with 308 passengers on board


Britain to Review Tax to Speed up North Sea O&G Deals

Britain will look at ways of making it easier to sell North Sea oil and gas fields by changing tax rules in order to keep them producing for longer, the finance ministry said.   The move, which is due to be announced in finance minister Philip Hammond's budget on Wednesday


Fleet's Support Capability Gets Sirius Boost

HMAS Sirius passes the Sydney Opera House to commence her journey back to her home port in Western Australia. Photo: Royal Australian Navy

 The Royal Australian Navy’s replenishment capability is operating at capacity once again with HMAS Sirius back in the brine after four months of maintenance at Captain Cook Graving Dock, Garden Island.   The fleet tanker cut an impressive figure against the city skyline as she






 
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