On February 1, COSCO Shipping Co., Ltd. signed a POOL agreement with Guangzhou Salvage Bureau of the Ministry of Transport (GSBMT) in Guangzhou Ocean Plaza. According to the agreement, M.V. Hua Hai Long, the 30,000 DWT semi-submersible vessel of GSBMT, will come into service under the management of COSCO Shipping Co. COSCO Shipping aims to become the lead integrator in the global semi-submersible vessel market therefore they have initiated the first POOL model among the Chinese shipping companies. The new joint semi-submersible vessel MV Hua Hai Long is a 30,000 dwt newbuilding with a length of 182.2m, a width of 43.6m and a depth of 11m. The Vessel has a large deck area, advanced ballast system, and can handle a wide range of cargoes. With the joining of the M.V. Hua Hai Long, COSCO Shipping’s semi-submersible POOL has reached five vessels, giving them the capability of transporting small, medium and large offshore and onshore cargoes. Mr. Han Guo Min, CEO of COSCO Shipping, pointed out, “The capability of COSCO Shipping’s semi-submersible fleet has been strengthened, and COSCO Shipping has become the only Chinese company in the list of global semi-submersible transportation suppliers to receive a Green-class approval rating from Shell in regards to a HSE Management System audit. As the semi-submersible market changes, further cooperation and Pool will be a general trend.”
2H Offshore Inc., an Acteon company, awarded a Steel Catenary Riser (SCR) detailed design project with LLOG Exploration Company. The scope of work includes the provision of detailed design of the production and export SCRs tied back to the Exmar OPTI-11000 semi-submersible for the Delta House field development. LLOG is currently developing the Marmalard and SOB2 fields in the Mississippi Canyon area of the Gulf of Mexico which will both be tied back to the Delta House Floating Production
Jurong Shipyard said that SeaDrill Limited (SeaDrill) has exercised the option to build the second unit of the 6th generation ultra deep water semi-submersible drilling rig at a contract value of $404 million. The contract price is based on a turnkey contract with all owner-furnished equipment (OFE) including the 7,500 feet of riser and BOP. In connection, SeaDrill awarded Jurong Shipyard an additional option to build a third unit of the semi-submersible based on the same design and at
Aker Kvaerner has been awarded a contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea for delivery of drilling facilities for an ultra deepwater semi submersible drilling rig ordered by an international drilling contractor. The total contract value for Aker Kvaerner is approximately $86m. The award is based on an option included in a contract Aker Kvaerner signed with Daewoo Shipbuilding & Marine Engineering Co. Ltd in February 2006
Dockwise Shipping was awarded contracts for the transportation of one of the largest semi submersible drilling rigs and various floating equipment. Dockwise Shipping will transport the new build sixth generation semi submersible drilling rig Noble Dave Beard in 2009 as well as various floating docks and other equipment in 2008. The total value of the contracts is approximately $18m.
DSME gets new orders for two semi-submersible rigs for Norway's Songa Offshore & then charter by Statoil The orders were placed during the recent Offshore Technology Conference (OTC) held in Houston, U.S.A The value of this contract is approximately US$ 1.1 billion and the rigs will be delivered in the middle of 2015. After delivery, these rigs will be chartered by Statoil, the Norwegian state oil company for eight years, and they will provide services to the Norwegian Coast
Heavy transport shipping company Dockwise Shipping B.V. took delivery of the M/V Blue Marlin after her conversion into the world's largest semi-submersible heavy transport vessel able to carry heavy cargoes up to 73,000 tons. After a conversion of 3 months at the Hyundai Mipo Dockyard in Ulsan, South Korea the heavy transport vessel Blue Marlin has re-joined the Dockwise fleet with an increased deadweight capacity of 76,061 tons
Hallin Marine has commissioned a new, $110m, groundbreaking semi-submersible, subsea operations vessel to be named the CSS Derwent. “The CSS (compact semi submersible) delivers big ship capability in a low cost package,” said John Giddens, Hallin’s CEO. “It will support the oil operators’ desire to improve production and reduce costs.” The 84 m CSS is the culmination of a five-year project designed to deliver ‘large boat capability’ at a
Norway's Prosafe (HQ in Cyprus) issues a 'Letter of Intent' for Jurong Shipyard to build a semi-submersible accommodation rig. The rig, which is of similar design as Safe Boreas presently in construction at JSPL, will be built to comply with Norwegian regulations. The rig will be ready for operations in the North Sea in 2015 (exact delivery date to be determined in the final yard contract). In addition, JSPL has, subject to board approval, granted two options for further new builds
Beacon Holdings Group say they have ordered a harsh environment semi-submersible GM4-D rig from Yantai CIMC Raffles in Singapore, with an option to build a second rig from the shipyard. The rig they have ordered has been given the name Beacon Atlantic, and planned delivery is the fourth quarter of 2016. Beacon Atlantic will be built using the GM4-D-design in co-operation with the shipyard and the designer Global Maritime
Press Release - Caterpillar Oil & Gas has announced the introduction of Asset Financial Solutions, a financial product that provides 100 percent financing new offshore or marine assets. The new solution enables Caterpillar to offer customers a tailored solution to optimize their business and
Herrenknecht and Ulstein are due to present their vision of the future of heavy well intervention at the Offshore Energy 2015 exhibition in Amsterdam this week. Germany’s Herrenknecht Vertical GmbH (HVG) and the Netherland’s Ulstein Design & Solutions B.V
Developed and manufactured for marine surveyors and naval architects by Netherlands-based TARKA-SYSTEMS, the MOSS is a portable measurement solution for monitoring and surveying. According to the developer, the MOSS System features a pragmatic design
The low oil price and a reduction in newbuilds have driven the integrity of existing assets up the agenda for the oil & gas industry. However, the cost of inspection programs can be significant, adding to the operational costs. DNV GL has now launched a recommended practice
Sembcorp Marine has signed an engineering and construction contract worth about US$1 billion to build the world's largest semi-submersible crane vessel for a unit of Netherlands-based Heerema Offshore Services B.V. Scheduled for delivery in the fourth quarter of 2018
Maersk Drilling has been awarded a 5-year contract extension for the semi-submersible Heydar Aliyev rig with BP Exploration (Shah Deniz) Limited acting as Operator of the Shah Deniz field . The rig will continue working on the development of the Shah Deniz field in the Caspian Sea
U.S. authorities have seized a submarine-like vessel loaded with more than seven tonnes of cocaine off the coast of El Salvador, the Guardian reports. U.S. Navy, Customs and Border Protection and Coast Guard personnel took part in the operation.
Low oil prices and muted sentiment in the industry continued to take a toll on Sembcorp Marine's second-quarter earnings. The rigbuilder has announced that net profit for the three months ended June 30 sank 17 per cent to to $79.58 million (SGD 109 million), compared to $96
The U.S. Coast Guard based in Northern California seized a semi-submersible vessel carrying more than 16,000 pounds of cocaine in the Eastern Pacific Ocean last month - the largest bust of its kind in Coast Guard history. The Coast Guard Cutter Stratton intercepted the 40-foot
Shell’s drilling operations in the Chukchi Sea are being overseen 24/7 by inspectors from the U.S. Bureau of Safety and Environmental Enforcement (BSEE) to ensure compliance with federal regulations and safety standards, BSEE said.
Owner and operator of semi-submersible accommodation vessels Prosafe announced it has signed a contract with an undisclosed client for the provision of an accommodation vessel in the U.K. sector of the North Sea. The contract firm period commitment is over eight months and will involve an
COSCO Shipping Company Limited (COSCOL) signed a contract with Shell Offshore Inc. on 6
Semi-submersible accommodation vessel owner and operator Prosafe informs that Lundin Norway AS has exercised an option to prolong the provision of semi-submersible accommodation vessel Safe Boreas at the Edvard Grieg Project in the Norwegian sector of the North Sea.
Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years.
Prosafe announced it has signed a contract worth approximately $24 million with Shell U.K. Limited for the provision of the Regalia semi-submersible accommodation vessel at the Brent C platform in the U.K. sector of the North Sea. The short duration contract commencing in the second quarter of