The Department of Energy (DOE) awarded anew nine new service contracts for oil and gas development. The DOE has processed nine petroleum exploration areas which were bid out in the last Philippine Energy Contracting Round that closed last May. The DOE awarded the contracts for these exploration blocs last September, barring any hitches on the part of investors. Most of the awardees are local companies with foreign partners. The contract areas covered a total of 71,357.30 square kilometers located within the prospective basins of East Palawan and Mindoro-Cuyo; and in the promising basins of Cagayan, Central Luzon, Visayas and Agusan-Davao. The service contract areas will generate a conservative $180m in revenues for the country, as a single drilling for an offshore well costs about $20m. The DOE also reported that in 2006, it had granted seven oil exploration contracts, three of which were in Palawan; SC-58 at the west Calamian Block, Northwest of Palawan with Nido Petroleum undertaking the contract. Another was the west Balabac/Southwest Palawan under SC-59 by the PNOC-EC and at the Northeast Palawan under SC-60 by Shell Philippines Exploration (SPEX). Four other service contracts have been awarded to the Petroleum sector of the Philippine Energy Contracting Round (PECR) in 2005, and they were undertaken in Palawan and Sulu seas, the DOE added.
ConocoPhillips has awarded Aker Kvaerner a service contract for provision of personnel and equipment for well intervention services on the Norwegian Continental Shelf. The firm contract period is three years with an estimated value of $147.2m. The contract includes an option to extend another 2 x 2 years.
The Federal Maritime Commission (FMC) issued a notice stating that the National Customs Brokers and Freight Forwarders Association and the International Association of NVOCCs have petitioned the FMC for an investigation of certain activities of the Transpacific Stabilization Agreement (TSA). The petition alleges that the TSA violated the Shipping Act of 1984 through discriminatory service contracting practices with regard to traffic moving in the eastbound transpacific trades that
The U.S. Navy today awarded Northrop Grumman Corporation's Ship Systems sector a $42.3 million cost-plus contract option for services to the DDG 51 Class Aegis destroyer program. This represents the third option of a multiyear contract that was awarded to the company last year to build four destroyers. Under the contract, Northrop Grumman will provide services including the design of Aegis destroyer upgrades, planning and technical support.
Atwood Oceanics sadi that one of its subsidiaries has been awarded a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon. The day rate for work offshore will be $151,000, with contract commencement expected in September 2012 in direct continuation of the current contract. The costs for the mobilization will be covered by provisions in the current rig sharing group contract. The award has a firm duration of 180 days
The Port Commission of the Port of Houston Authority (PHA) approved $1.4m in contracts and projects for the Bayport container and cruise terminals to permit it to meet future demands -- including a new 50-acre container yard -- that will require heavy-capacity forklift and yard tractors. Included in the provisions are: a change order to McCarthy Building Companies, Inc. for Bayport Terminal Complex Phase 1 Container Yard - Stage 1 for $186,929; a change order to Morganti Texas,
An Atwood Oceanics, Inc. subsidiary awarded year's contract extension by Salamander Energy for the jackup 'Atwood Mako'. The extension is priced at a day rate of $155,000 and begins September 9, 2013. The Atwood Mako commenced its initial twelve month drilling services contract with Salamander on September 9, 2012 for operations offshore Thailand. With the extension, the Atwood Mako's firm commitment extends through September 9, 2014.
Siemens Industry, Inc. has announced that it has opened a third marine service location in Houma, La., devoted to servicing offshore supply vessels, ferries, cargo carriers and other ocean vessels. Similar to its sister marine service locations in Fort Lauderdale, Fla., and Seattle, Wash., the new Gulf Coast location will serve both on-call and service contract customers. The new Houma-based office will offer a myriad of repair and spare parts services for automation, drives, motors
Vroon Offshore Services contracted by BP for emergency response and rescue vessel (ERRV) services on the UK continental shelf. Netherlands' Vroon say that these services will be undertaken by A- and B-Class field-support vessels and a platform-supply vessel. In due course one of the field-support vessels will be replaced by a newbuilding vessel currently under construction for Vroon in China (see artist’s impression).
Bibby Offshore U.K. Ltd signed a nonexclusive ship agency services contract with GAC covering all ports in the U.K. and making the Group their first choice of provider elsewhere worldwide. Aberdeen-based Bibby Offshore U.K. Ltd is a subsidiary of the Bibby Line Group, providing solutions to the oil and gas sector operating in the North Sea. The deal with GAC has been signed just as Bibby Offshore U.K. embarks on a five-year growth plan that will see the expansion of its fleet of offshore
Global Warranty Group (GWG), a third party administrator and premier provider of Extended Service Contract and OEM programs throughout the United States and Canada, announced it has entered into an agreement with Delta Wave Communications LLC to be the exclusive provider of extended service plans
KCA Deutag has won significant subsea drilling operation & maintenance contracts from core clients Total E&P UK, EnQuest & CNR International (CNRI). The company was awarded a contract with Total E&P UK to provide drilling operations and maintenance services on the Alwyn North and
CDI Corp. gets a new U.S. Navy SEAPORT task order to continue to provide watercraft engineering & marine services for the Naval Surface Warfare Center. The watercraft engineering and marine services contract is for the Naval Surface Warfare Center, Carderock Division
Finning Power Systems, the U.K.’s sole supplier of Caterpillar engines has signed an exclusive £2.5 million, five-year agreement with Serco, the international service company, to provide product support for all of the company’s U.K
North Star Shipping, a division of the family-owned global shipping and energy services firm The Craig Group, entered a £63million contract with BP. The multi-service contract is for five years with a possible extension of five years and includes tanker assist
Hyundai Ocean Service contract Lloyd’s Register Marine Consulting to assess the service lifetime of their vessel 'Hyundai Utopia'. The study concerns the 1994 built, 273m long, 71,909 dwt, LNG Carrier Hyundai Utopia (IMO 9018555). The President of HDOS, Taek-Gyu Lee
Mechanical engineering services company, EnerMech, has been awarded a process services contract by BG Group which could be worth up to £16 million. The three year contract (+1 year option) covers all BG Group’s U.K. North Sea assets including the Lomond
Bristow Group awarded a new Department for Transport contract to provide civilian Search & Rescue (SAR) services for all of the UK. The SAR services contract has a phased-in transition period beginning in April 2015 and continuing to July 2017 and a contract length of approximately ten years
ABB signs a $260 million service contract with A/S Norske Shell for operations at the Draugen and Ormen Lange oil & gas fields. The contract is for a period of 9 years and requires ABB to provide integrated service and support solutions for the Draugen offshore oil platform and the nearby
Globecomm Maritime debuted Access Chat Plus, an optimized chat and video conferencing offering designed for maritime satellite communications. Access Chat Plus provides maritime users with a means to make video calls and chat live over satellite using
Huntington Ingalls Industries subsidiary AMSEC LLC wins IT support services contract to support Department of the Navy. "This is truly a big win for AMSEC," said Michael Bernardi, program manager within the AMSEC's logistics, engineering, technology and training solutions group
Long-term Preventive Service agreement will increase reliability and extend equipment life-time through scheduled maintenance procedures. ABB, an automation technology group, has won a long-term service contract from Star Cruises for preventive maintenance of all ABB equipment onboard
ABB wins Star Cruises long-term service contract for preventive maintenance of all ABB equipment onboard 'SuperStar Virgo'. The approximately US$ 1-million contract was signed in the fourth quarter of 2012 and commences in January 1, 2013.
Wärtsilä has issued its financial statement and bulletin for the period January to December 2012. HIgllights of the review period -Order intake increased 9% to EUR 4,940 million (4,516) -Net sales increased 12% to EUR 4,725 million (4,209) -Book-to-bill 1.05 (1.07)
An Atwood Oceanics subsidiary awarded drilling services contract by Mubadala Petroleum. The Atwood Orca, currently under construction at PPL Shipyard in Singapore, will have a rated water depth of 400 feet, 1.5 million pound hook load capacity