Petroleum Geo-Services (PGS), a Norwegian oilfield service company, has awarded a five-year Service Agreement to Wärtsilä covering maintenance of the power plants onboard three offshore FPSO (Floating, Production, Storage and Offloading) vessels. The agreement applies to the Petrojarl Foinaven, the Petrojarl Varg and the Petrojarl 1, which are operating in the North Sea and the north Atlantic ocean. With Wärtsilä maintaining the vessel's power plants at all times, Petroleum Geo-Services is able to concentrate on its core business of offshore capabilities in floating production and storage facilities. The ongoing power plant servicing provides the vessels with optimized availability together with cost savings, risk mitigation and financial predictability. The new Service Agreement is an extension of the first Service Agreements between Petroleum Geo-Services and Wärtsilä which were signed back in June 1999 for the Petrojarl Foinaven's 51 MW power plant, in November 1999 for the Petrojarl Varg's 36.7 MW power plant and in January 2002 for the Petrojarl 1's 12 MW power plant. Wärtsilä has had a permanent power plant maintenance crew onboard the three vessels at all times since January 2002. During overhauls, Wärtsilä sends additional service crew to complete the job within the time required. Wärtsilä also supplies all spare parts and consumables. The purpose of this commitment is to keep unplanned downtime as short as possible.
FMC Technologies, Inc. announced that its FMC Energy Systems business has signed an extension of its existing subsea service agreement with Statoil ASA to provide technical services and subsea equipment for an additional two years, with an option for two more years beyond that. Under the terms of the extension, FMC Energy Systems expects to receive approximately $60 million per year. The agreement comprises technical services in connection with completion, workover, installation
Wilhelmsen Ships Service (WSS) has signed its first fleet Safety Service Agreement with a Japanese principal. The two-year agreement, valued at $300,000 includes 25 panamax and cape-size bulk carriers and 18 product carriers on behalf of Tokyo-based Victoria Ship Management. The WSS Safety Service Agreement provides a standardized service covering a client’s fleet, offering fixed prices for inspection at agreed ports covering fixed systems and portable equipment
Stolt-Nielsen Transportation Group Ltd. (SNTG), a wholly-owned subsidiary of Stolt-Nielsen S.A. announced a co-service agreement for operational matters for the carriage of bulk liquids from ports in the U.S. Gulf to ports in Asia. The purpose of this agreement is to improve service levels for SNTG and JOT customers and increase operational efficiencies while maintaining the commercial independence of SNTG and JOT
MAN Diesel & Turbo gets 4-year $30 million contract from US-based Norwegian Cruise Line MAN Diesel & Turbo has received an order from the US-based cruise liner company Norwegian Cruise Line for the maintenance of the engines on nine of the fleet’s cruise liners.The service agreement runs for four years and is being handled by the MAN PrimeServ service office in Fort Lauderdale, Florida, USA. Besides the maintenance work it also covers the supply of spare parts.
Long-term Preventive Service agreement will increase reliability and extend equipment life-time through scheduled maintenance procedures. ABB, an automation technology group, has won a long-term service contract from Star Cruises for preventive maintenance of all ABB equipment onboard SuperStar Virgo for the next five years. The approximately US$ 1 million contract was signed in the fourth quarter of 2012 and commences in January 1, 2013.
The Goltens Group reached an exclusive, long-term service agreement with Hanjin Shipping. Under the terms of the agreement, Hanjin has named Goltens (Shanghai) as its exclusive engine and repair service provider. In addition to working with Goltens facilities in Shanghai, Hanjin will also have access to service at Goltens workshops in Singapore, Rotterdam, New York, Long Beach, California and other locations in Goltens worldwide network.
Queiroz Galvão Óleo e Gás (QGOG) partners with Sete Brasil in charter agreements for 3 drilling rigs. QGOG, the largest Brazilian provider of drilling and production services, announce that, in partnership with Sete Brasil, they have signed a charter and services agreement for three semi-submersible ultra-deep water drilling rigs, named Urca, Bracuhy and Mangaratiba. QGOG will operate the rigs and QGOG Constellation, through one of its subsidiaries
Keppel Shipyard Limited (Keppel Shipyard) has entered an Alliance Service Agreement for the drydocking of a fleet of Moss Rosenburg (MOSS) type of Liquefied Natural Gas (LNG) carriers chartered by Qatar Liquefied Gas Company Ltd (Qatargas). The five-year agreement was signed with MO LNG Transport Co., Ltd (MOL), Nippon Yusen Kaisha Ltd (NYK) and Kawasaki Kisen Kaisha Ltd (K-Line). The vessels under the fleet agreement are Al Zubarah, Al Khor, Al Rayyan, Al Wajbah, Broog, Zekreet
ABB wins Star Cruises long-term service contract for preventive maintenance of all ABB equipment onboard 'SuperStar Virgo'. The approximately US$ 1-million contract was signed in the fourth quarter of 2012 and commences in January 1, 2013. The service contract covers periodic maintenance visits scheduled when they least disturb SuperStar Virgo operations. A long-term approach to maintenance and reduction in the variable costs caused by maintenance-related actions make budgeting more
Oil and gas asset integrity and corrosion management firm LUX Assure said it has made strides in developing a presence in the U.S. by establishing a sales and service agreement with Houston-based Brown Corrosion Services Inc. Brown Corrosion Services will be handling the business development of
By Richard Valdmanis, Reuters Cape Wind said on Wednesday it has secured $600 million in financing for its proposed $2.5 billion wind power farm off the Massachusetts coast, and expects to have the rest locked up by the end of the third quarter.
Wärtsilä Corporation has published its annual financial report for the year 2013, and President & CEO Björn Rosengren introduces it with the following message to shareholders, excerpted as follows: "For Wärtsilä
ASRY (Arabian Shipbuilding & Repair Yard) says it is expanding its already extensive range of in-yard services in Bahrain by signing an important Service Agreement with Solas Marine Services Group. The Agreement will allow Solas to build a 2,000-square-metre Service Centre for Life Boats
ASRY, a ship and rig repair yard in the Arabian Gulf, is expanding its range of in-yard services by signing a Service Agreement with Solas Marine Services Group. The Agreement will allow Solas to build a 2,000-square-meter Service Center for Life Boats
Washington State – Alaska – Non tank final rule & Washington State – Contingency Plan requirements. We refer to our circular no. B.613. As stated in that circular, every tank vessel and every other vessel over 300 GT is required under State law to file a contingency plan
Siemens and Cape Wind have signed a major contract for the construction of the United States' first utility-scale offshore wind farm situated off the Northeast coast, 20 kilometers offshore of Nantucket, at Horseshoe Shoal in the Nantucket Sound. Installation and commissioning is expected for 2016
Roll-Royce has gained two marine contracts: The first, worth US$138-million is for energy services support to Petrobas, and the second worth £20-million, is to provide ship equipment for 10 AHTS vessels under construction by Malaysia shipbuilder Nam Cheong, Details as follows:
Aberdeen-based subsea installation contractor Bibby Offshore has signed a charter agreement for construction support vessel (CSV), the Olympic ARES. The agreement with Olympic Shipping will initially be a seasonal charter beginning at the end of Q1 2014 with options to extend.
Tognum subsidiary MTU Friedrichshafen will be presenting its range of products for commercial marine applications at the Europort Maritime Exhibition in Rotterdam (Hall 1, Stand 1425) from November 5-8. In its role as a systems partner, MTU supplies complete propulsion packages incorporating MTU
Mitsubishi Heavy Industries Compressor Corporation (MCO), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), is to establish MHI Compressor Manufacturing, LLC in Pearland, Texas, to produce and service oil industry compressor equipment.
As part of its continuing global growth strategy, subsea installation contractor Bibby Offshore has announced the opening of a new division and international base in Houston. The company, that also has bases in Aberdeen, Liverpool, Singapore and Trinidad
"Our operations developed in line with our expectations during the third quarter. Net sales grew by 11% to EUR 1,209 million and profitability was 11.4%. With better visibility on net sales development, we specify our sales growth guidance to 0-5%
Following execution of a Letter of Intent (LOI) by EXMAR with LNG Partners, LLC and LNG BargeCo BVBA for the long-term charter of a floating liquefaction and storage unit (FLSU) to serve the BC LNG Project near Kitimat, British Columbia, Canada
Genesis Energy has completed the previously announced acquisition of all the assets of the downstream transportation business of Hornbeck Offshore Transportation, LLC. The purchase price was approximately $230 million plus customary adjustments