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
Island Offshore, a global Light Well Intervention (LWI) specialist, has been selected by Premier Oil U.K. Ltd. to undertake a new LWI service contract on the U.K. Continental Shelf. The win strengthens Island Offshore’s established position in the dynamic and competitive North Sea marketplace. Premier, an oil and gas exploration and production company, awarded the business to Island Offshore and the North Sea RLWI Alliance
Mermaid Maritime's subsidiary Subtech Ltd. has been awarded a subsea services contract with Bibby Offshore Limited for services in the North Sea. This contract will utilize the DP2 Dive Support Vessel ‘Mermaid Endurer’ for inspection, repair and maintenance services & light construction intervention. The contract is scheduled to commence in the second calendar quarter of 2014 for a term ending in the fourth calendar quarter of 2014
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
Secretary of the Navy Ray Mabus has spelled out in a memorandum his expectations for the review and audit of procedures, administration, and performance of all husbanding and port services contracts. "Back in September, I directed a complete review of our husbanding and port services
Ferry operator Caledonian MacBrayne (CalMac) has beaten 13 major ferry companies to be named for the fourth year in a row, “Best Ferry Company” in the prestigious Guardian and Observer Travel Awards. The award, which is the result of an annual poll of readers who are asked to rate the
The Port of Los Angeles Small Business Enterprise (SBE) Program awarded $97.6 million in contracts to small businesses during the 2012/2013 fiscal year of the $405.9 million that was awarded in construction and professional service contracts by the Port during the period.
Northrop Grumman Corporation has been awarded a service contract for navigation systems and software to support the polar ice breakers for the U. S. Coast Guard. The $5 million, five-year contract covers support for two Coast Guard vessels, the Polar Star and the Healy
The global trade association for shipowners, the International Chamber of Shipping (ICS), has submitted detailed comments to the International Accounting Standards Board (IASB) on its controversial proposals to overhaul international accounting rules for leases
RES Offshore has signed an Operations and Maintenance (O&M) services contract with Forewind for two met masts in the Dogger Bank Round 3 zone. These met masts are the furthest offshore of any in the UK and RES will be delivering scheduled and unscheduled maintenance for the structures
The shipping software and service provider, Interschalt maritime systems AG, has developed a highly customer-focused concept for the maintenance of navigation and communications systems on board, called InterschaltShore-based Maintenance (IS-SBM)
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
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
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
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