China-based shipbuilder Yangzijiang Shipping (Holdings) Ltd. said it has secured contracts worth $409.7m to build 13 container vessels for delivery between 2010 and 2011. It currently has $4.94b worth of contracts on hand, $2.9b dollars of which was secured during the first nine months of the year. Yangzijiang was among the three foreign stocks that were included in the revamped Straits Times Index. [Source: Thomson Financial]
COSCO Corp. (Singapore) secures contract to construct a Floating Production Storage Offloading (FPSO) vessel in China. COSCO Nantong Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over US$ 370-million from a European company to build a FPSO. The FPSO will measure 78 meters in diameter, 32 meters high and will have a storage capacity of up to 400,000 barrels of oil.
Yantai Raffles Shipyard, in conjunction with prime contractor Friede Goldman Halter, has garnered a $109 million order from China National Offshore Oil Corp. (CNOOC) to construct a 515 ft. (157 m), 3,800-ton heavy derrick/pipelay vessel. The two companies, who signed the contract on December 21, 1999 in Beijing, China, beat out competitors from Singapore, South Korea and Japan to secure the largest contract ever awarded by CNOOC.
Julien Citywide, New Orleans, La., was awarded on Nov. 7, 2005, an $11,741,320 firm-fixed-price contract for quality assurance services in support of Hurricanes Katrina and Rita. Work will be performed in Louisiana, and is expected to be completed by Nov. 6, 2006. Contract funds will not expire at the end of the current fiscal year. There were an unknown number of bids solicited on Oct. 5, 2005, and 98 bids were received. The Louisiana Recovery Field Office, Baton Rouge,
The tender rig T-9, in which Smedvig owns 49 percent, has been awarded a contract extension by ExxonMobil in Malaysia. The production drilling assignment has a duration of three years. Commencement of operations is scheduled in mid-January 2006, in direct continuation of the existing contract. The estimated contract value is approximately $66 million. ExxonMobil has the right to terminate the contract after one year.
Bender Shipbuilding & Repair Co. Inc., Mobile, Ala., is being awarded an $8,075,500 firm-fixed-price contract for the dry docking selected restricted availability of USS Stephen W. Groves (FFG 29). Work will be performed in Mobile and is to be completed by November 2002. Contract funds in the amount of $7,962,443 will expire at the end of the current fiscal year. This contract was competitively procured and advertised in the Commerce Business Daily
Keppel Corporation Limited, through its offshore and marine units in Keppel Offshore & Marine Ltd (Keppel O&M), have clinched contracts worth a total of S$45 million. A specialised shipbuilder, Keppel Singmarine, has won two contracts to build and deliver two 45-tonne bollard pull harbour tugs to PSA Corporation Ltd and a 5500 BHP AHTS vessel to Hadi H. Al-Hamman of Saudi Arabia. The latter contract is the fourth vessel to be contracted by this owner since the first was delivered in
AK Engineering Services, part of the Aker Kvaerner group, has secured a multi-million pound contract to service two major onshore facilities for BP in the UK. The work will be performed by personnel from the firm's Stockton facility and from sister organisations in Aberdeen and Solent over the next three years. The scope of work covers the provision of engineering, modifications and maintenance services at BP's Wytch Farm production and transport facility in Dorset
Sembcorp Marine secures US$ 4.032 Billion drillship contracts from Sete Brasil. Sembcorp Marine Ltd, through Jurong Offshore Pte Ltd’s wholly-owned subsidiarieshas secured contracts from Sete Brasil Participacǒes S.A. (Sete Brasil), for the design and construction of five drillships based on Jurong Shipyard’s proprietary Jurong Espadon drillship design. In addition to the above, Sembcorp Marine had earlier in the year announced that its wholly-owned Brazilian shipyard Estaleiro
Erma First ESK Engineering Solutions S.A. has concluded the installation of its Ballast Water Management System "Erma First" in two container ships being built at Zhejiang Ouhua Shipbuilding for Greek owner Evalend Shipping Co. S.A. The agreement for the installations was signed in 2012 with Erma First who was awarded the contract against seven competitors. Erma First was selected by both the shipyard and the owner on the basis of the system’s cost effectiveness
Singapore-based Otto Marine contracted to fabricate 4 pre-erected columns & pontoon blocks worth S$6.3-million. Otto Marine Limited, an offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers ship repair and conversion and fabrication
Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), secured contracts from Mexican drilling company, Grupo R, to build four jackup rigs worth $820 million (USD). The jackup rigs will be built to Keppel's proprietary KFELS B Class design and are scheduled
Aberdeen, Scotland-based XPD8 Solutions' condition monitoring team secures contracts valued at more than £2-million. The company, which specializes in the management of maintenance systems for oil and gas producing assets, has been awarded contracts to deliver further condition monitoring
South Shields based Solar Solve Marine received an order for Solasolv anti-glare, heat rejecting roller screens for the navigation bridge windows of a Marine Capture Vessel (MCV) which is being converted at Drydocks World in Dubai. Solasolv screens are installed at the windows of ships
Aberdeen-based standby vessel operator Atlantic Offshore Rescue (previously Sartor Offshore Rescue) has secured contracts in the last few weeks with major oil companies worth a combined £12million. The vessels will provide support in the UK North Sea for Shell, Nexen
Jaya Holdings Limited (“JAYA”) has announced that it has, through its wholly owned subsidiary, Jaya Shipbuilding and Engineering Pte Ltd, secured ship building contracts of approximately US$84 million to deliver a 5,150 bhp Anchor Handling Tug and Supply Vessel (“AHTSV”)
Aker Solutions has secured a three year contract extension worth £18million (GBP) to provide onshore and offshore operations and maintenance services to Perenco UK. The agreement includes provision of operations, maintenance and technical support personnel for Perenco at its on and offshore
GE’s Power Conversion Business signs US$120-million contracts to support Petrobras’ Pre-Salt Drilling Program. GE’s Power Conversion business has been selected by Keppel Offshore & Marine Ltd, a leading designer and builder of high-performance mobile offshore rigs
BMT JFA Consultants (BMT), a subsidiary of BMT Group Ltd, a international engineering and risk management consultancy, has been commissioned by Pilbara Iron Company Pty Ltd (part of the Rio Tinto Group) to provide specialist dredging consultancy services.
Aker Solutions has secured a three year contract to provide operations and maintenance services to Total E&P UK Ltd and its joint venture partner DONG E&P (UK) Ltd at the new Shetland Gas Plant (SGP). The agreement includes provision of operations
DOF Subsea AS secures contracts in Asia, Atlantic and Gulf of Mexico regions with total value of about US$50-million. In the Asia Pacific Region DOF Subsea have secured several new contracts and extension of existing contracts with a total contract value of about US$ 20-million
Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries, Keppel Subic Shipyard, Inc. (Keppel Subic Shipyard) in the Philippines and Keppel Verolme BV (Keppel Verolme) in the Netherlands, have secured contracts totalling S$160 million.
DOF Subsea Group has secured multiple contract awards with a total contract value of about US$ 130-million. In the North Sea region DOF Subsea has secured multiple contracts. The contracts have been agreed with key clients in UK and Norway
MTN Expands Ferry Business by Securing Contract with Largest South American Ferry Operator; Buquebus Chooses MTN for its Value, Innovation, and Commitment to Service Excellence. MTN Satellite Communications (MTN) announces a new contract with Buquebus
Singapore's Swiber Holdings has been awarded subsea contracts in SE Asia worth approximately US$153-million. The contracts, with oil industry majors, mark the first wins in 2013, largely entail transportation and installation of pipelines and offshore structures in Southeast Asia