Semi-Submersibles
Hua Hai Long Joins COSCO Shipping Heavy Lift Ship Pool
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.”
SCR Detailed Design Contract for 2H Offshore
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 Gets $404M Semi-Sub Option
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 Awarded Drilling Equipment Contract with Daewoo
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
New contracts for Dockwise
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 $18m.
Korean Shipyard Gets Orders for Two Liftboats
DSME gets new orders for two semi-submersible rigs for Norway's Songa Offshore & then charter by Statoil The orders were placed during the recent Offshore Technology Conference (OTC) held in Houston, U.S.A The value of this contract is approximately US$ 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
World’s Largest Dry Transport Vessel Delivered
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
New contracts for Dockwise
Dockwise Ltd. announced that three new contracts have been awarded to their subsidiaries Dockwise Shipping and ODL for the transportation of a semi submersible drilling rig, for the transportation of the hull of a production platform and for a FEED study of a jacket design respectively. Dockwise Shipping will transport the Noble Jim Day, a large sixth (6th) generation semi submersible drilling rig in 2009. The rig is currently under construction in Singapore
Groundbreaking $110m, DP3 “CSS” Vessel Ordered
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
Singapore Shipyard to Get Accommodation Rig Contract
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
GE to Power Seadrill’s West Mira Semisubmersible
GE’s Power Conversion business signed a multimillion dollar contract with shipbuilder Hyundai Heavy Industries (HHI) of Ulsan, South Korea. GE will supply electric power, propulsion systems and drilling drives for a new semisubmersible drilling platform HHI is building for Seadrill Ltd
COSCO China Shipyards Diminish Group Q1 2013 Profits
The Group achieved $9.7 million net profit on turnover of $733.0 million in Q1 2013, but shipyard & drybulk operations contributions down. In Q1 2013, turnover from shipyard operations decreased by 25.5% to $719.2 million from $965.9 million in Q1 2012
Rolls-Royce Hits Century in Drillship Propulsion Orders
Rolls-Royce's milestone 100th contract is to deliver drillship propulsion systems to a Transocean rig. In recent months Rolls-Royce has won orders to supply propulsion systems for seven new drillships totaling close to £100 million, including options
VT Halter Marine’s Dry Dock Arrives in Pascagoula
VT Halter Marine Inc, a subsidiary of VT Systems Inc., announced the arrival of a 12,000 MT Floating Dry Dock transported by a heavy lift vessel from the Philippines. The dock dimensions are LOA- 546 FT x B 128.5 FT x D 46 FT. The dry dock is part of an overall expansion plan to the south yard in
China Shipyard Wins Tender Rig Contract
COSCO (Guangdong) Shipyard Co. contracted by Energy Drilling Pte Ltd to construct a semi submersible tender assist rig. The contract is valued at over US$ 200-million, with an option for a second tender. The turn-key contract includes the supply of the DES (Derrick Equipment Set) and the
COSCO Turnover Down But 2012 Profitable
COSCO Group achieved net profit attributable to equity holders of $105.7 million on turnover of $3.7billion in 2012. Group turnover decreased 10.3% to $3.7 billion in 2012 from $4.2 billion in 2011 owing to a decrease in shipyard and dry bulk shipping revenue. However, Gross profit increased 27
Fairmount Glacier Delivered Rig La Muralla IV in Mexico
Tug Fairmount Glacier has delivered rig La Muralla IV in Bay of Campeche, Mexico. The rig has been towed from Okpo, South Korea, via Sunda Strait and Cape of Good Hope. La Muralla IV is a brand new semi-submersible drilling rig for ultra deep water operations, owned by Mexican Grupo R
ABB's HVDC Key to Offshore Wind Energy Integration
HVDC is a key enabler for the efficient and reliable integration of offshore wind energy, explains HVDC busness manager. Offshore wind power generation is one of the world’s most promising renewable energy sources, and is set to play an increasingly significant role in our economic growth
Offshore Accommodation Vessel Contract for Prosafe
Prosafe awarded a contract for its 'Regalia' vessel at the North Sea, Montrose Platform, of Talisman Sinopec Energy UK. The contract has been awarded following a competitive tendering process and is for a firm period of 450 days with on-site operations planned to commence late August 2014
ABB Main Electrical Contractor for Ichthys Offshore Project
ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering
Concept Catamaran Can Morph to Liftboat
SHC Wavedancer, with a new patents pending design, is capable of transforming from a high speed catamaran to a semi-submersible platform. The desingers believe that this innovation has enormous global potential for use in the offshore energy markets
Fairmount Sherpa Delivered Rig Arctic I in Las Palmas
Tug Fairmount Sherpa has safely delivered rig GSF Arctic I in Las Palmas. The rig was towed from offshore Rio de Janeiro, Brazil, to Las Palmas de Gran Canaria, Spain. GSF Arctic I is a semi-submersible drilling rig for deepwater operations, owned by Houston based Transocean
China Shipbuilding Giant: 2012 Turnover Down, Profit Increase
COSCO Chairman Ma Ze Hua comments on the group's 2012 annual financial report. The following is extracted from Mr Ma's letter to stakeholders: It has been a challenging year for the Group. Turnover declined 10.3% to $3.7 billion, from $4.2 billion a year ago. Gross profit grew 27
TE SubCom Wins Subsea GoM Cable Contract
TE SubCom contracted by Chevron to connect the Jack & St. Malo offshore facility with an undersea fiber optic communications system in the deepwater U.S. Gulf of Mexico. Jack & St. Malo fields are located approximately 280 miles south of New Orleans, LA in water depths of 7,000 feet
CSS Olympia Launched, Additional CSS Contracts Secured
STX Marine launched MAC Offshore’s Compact Semi-Submersible (CSS), CSS Olympia. The launch took place on the 28th March, 2013 at the LiyaPingtan Shipyard, in Fujian Province, China, managed by Fujian Mawei Shipbuilding. The delivery of the vessel is due in November 2013 to CSS