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Services Contract News

25 Jan 2024

GTT Inks Technical Services Deal for JOVO-Operated LNG Carriers

Ā© vladsv / Adobe Stock

French engineering company GTT has signed two new technical services agreements with China-based energy supplier JOVO for its LNG carriers.The contracts cover GTT's assistance and operational support for LNG carriers operated by JOVO.GTT will provide its field expertise for inspections, maintenance, repairs and engineering consultancy.JOVO will also benefit from access to GTT's HEARS emergency hotline, available 24/7, to provide rapid technical assistance to crews.These new partnerships follow a first services contractā€¦

10 Nov 2023

Barossa Project: BW Offshore's Massive FPSO Hull Sets Sail for Singapore

BW Opal FPSO hull - Credit: BW Offshore

FPSO leasing company BW Offshore said Thursday that the hull of BW Opal, one of the largest FPSO hulls ever built and destined for Santos' Barossa gas project in Australia, had set sail from a yard in South Korea and was en route to Singapore for topside integration."On October 28, 2023, at 11:30 local time, the newbuild hull for the BW Opal FPSO, which is based on BW Offshoreā€™s RapidFramework concept, started tow from the SK Oceanplant (SKOP) yard in South Korea, to the integration shipyard in Singaporeā€¦

18 Aug 2023

KVH, Intelsat Ink Three-year SatCom Renewal

KVH Industries, Inc. (Nasdaq: KVHI), announced the completion of a three-year renewal of its satellite services contract with Intelsat. The renewal includes increased network capacity, the flexibility to support future bandwidth adjustments, and reduced service costs.ā€œWe are thrilled to extend our long-standing relationship with Intelsat, which began in 2017 when KVH proudly became the launch partner for Intelsatā€™s FlexMaritime network,ā€ said Brent Bruun, KVHā€™s President and Chief Executive Officer. ā€œMore than 7,100 commercial, leisure, and military vessels worldwide rely on KVH and Intelsatā€™s FlexMaritime high-throughput satellites (HTS) to deliver connectivity, content, cybersecurity, and additional critical services.

03 Aug 2022

Neptune Awards Vessel Services Deal to Sentinel Marine

Cygnus Sentinel (Photo: Neptune Energy)

Neptune Energy on Wednesday announced the award of a £10 million three-year vessel services contract to Sentinel Marine, to provide offshore support for its operated Cygnus gas field in the U.K. southern North Sea.The contract, awarded following a competitive tendering process, will see Sentinel Marine continue to deploy its multi role, emergency response and rescue (MRERR) vessel Cygnus Sentinel on the gas field. The vessel will also support an upcoming drilling campaign on the Cygnus field.

03 Sep 2021

Noble Corp. Sends Force Majeure Notice to Shell over Drillship Damaged in Storm

Offshore drilling contractor Noble Corporation has sent a force majeure notice to its client Shell over the Noble Globetrotter II drillship contract after the rig was damaged earlier this week in the U.S. Gulf of Mexico in severe weather during Hurricane Ida. The 2013-built ultra-deepwater drillship has a contract with Shell lasting until early September 2023 at a flexible day rate of at least $275,000.U.S. Coast Guard said Wednesday that the drillship, located 80 nautical miles south, southeast of Grand Isle, La., in the Gulf of Mexico, had sustained damage and that a plan was being developed to bring the vessel into port for repairs.Around 140 crew members were on board when the storm hit, Reuters reported earlier this week, citing USCG petty officer Carlos Galarza said.Noble Corp.

24 Mar 2021

Santos, BW Offshore Sign $4,6B Barossa FPSO Deal

Credit: BW Offshore (Screenshot)

Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners, with the FID expected in the coming weeks.The Lease and Operate contract has a firm period of 15 years, with 10 years of options. The firm period contract value is USD 4.6 billion. BW Offshore will be responsible for the engineeringā€¦

21 Oct 2020

Royston Wins UK Navy Engine Services Contract

HMS Shoreham, which will be supported under the contract, operating out in the Persian Gulf and leading USS's Sentry, Devastator and Dextrous during an International Mine Counter Measures Exercise (Crown Copyright).

Royston has won a multimillion pound contract to support and maintain small diesel engines onboard amphibious assault ships, mine hunters and other Royal Navy vessels, the marine engineering and propulsion specialist said Wednesday.The £5.5 million ($7.2 million) five-year Ministry of Defense (MOD) contract will see U.K.-based Royston responsible for providing diesel engine spares and technical support alongside repair and refurbishment of engines when required.This will include various Caterpillarā€¦

09 Sep 2020

Sanmar Builds Final Tug for Svitzer's Sohar Operations

Svitzer Saham is the final vessel in a series of new tugs for Svitzer in the Port of Sohar. (Photo: Sanmar)

Turkish shipbuilder Sanmar Shipyards said it will soon deliver the fifth and final vessel in a series of new tug builds for operator Svitzer at Oman's Port of Sohar.The newest tug Svitzer Saham is the third 80t bollard pull RAstar 2900SX variant, Sanmarā€™s Bigacay class, joining sister vessels Svitzer Sohar and Svitzer Shinas, alongside two other earlier deliveries in 2020 of the 50t bollard pull variant of the RAmparts 2200 (named Svitzer Liwa and Svitzer Barka), Sanmarā€™s Sirapinarā€¦

24 Jun 2020

Austal USA Wins $43 Million LCS Services Contract

(Photo: Austal USA)

Mobile, Ala. shipbuilder Austal USA said it has been awarded a modification to previously awarded contract with a total potential value of $43,362,000 by the U.S. Department of Defense. This contract was modified to exercise the options for Littoral Combat Ship (LCS) Class design services, material to support LCS Class design services, and the Integrated Data Product Model Environment (IDPME). Austal will provide LCS Class design services to all LCS ships and services may include program managementā€¦

29 May 2020

Sanmar Delivers New Svitzer Tug in Port of Sohar

(Photo: Sanmar)

Turkish tug building specialist Sanmar Shipyards followed up on recent deliveries of the two Sirapinar class ASD tugs to Oman's Port of Sohar with the delivery of the first of a three part order of the larger and more powerful Bigacay class ASD tugs. The arrival of this tug to the Port of Sohar, alongside its two sisters due shortly, will conclude the fleet development aims of the operator Svitzer and Port of Sohar; agreed as part of the 15 year renewal of the former's marine services contract, awarded in early 2019.

24 Apr 2020

Ingalls Awarded LCS Planning Yard Contract

(Photo: HII)

Huntington Ingalls Industriesā€™ (HII) Ingalls Shipbuilding division has been awarded a contract modification to exercise the first option year of the existing Littoral Combat Ships (LCS) Planning Yard contract. This option has a potential total value of up to $107.9 million for planning yard services in support of in-service LCS class ships.ā€œOur outstanding and experienced Shipyard Planning Yard team is poised to continue the excellent and efficient execution of this important work for our Navy customerā€¦

19 Nov 2019

Bourbon to Support Total in Namibia

(Image: Bourbon)

Bourbon Marine & Logistics announced on Monday that it has been awarded an integrated logistics contract from Total to support the supermajor's deep offshore exploration campaign in South Namibia in 2020. The project scope covers provision of logistics base, freight forwarding, custom clearance, material storage & warehousing, handling and lifting, marine port visits support along with tank cleanings and logistics operations planning and conduct (material and personnel).Bourbonā€¦

18 Sep 2019

Boskalis Unit Scores Mozambique FLNG Gig

Dutch dredging company Royal Boskalis Westminster announced that its 50%-owned associate company Smit Lamnalco is contracted by Coral FLNG to provide marine services to the first Mozambique floating liquefied natural gas (FLNG) terminal.The 10-year contract with additional extension options marks the first terminal services contract award for the Mozambique offshore LNG developments.The contract value for Smit Lamnalco amounts to approximately USD 200 million and services will commence early 2022.For the delivery of its services Smit Lamnalco will deploy three new 95 ton bollard pull tugs to provide escort, berthing and unberthing services to LNG carriers at the FLNG facility.

04 Aug 2019

Port Houston Box Volume Up 12%

Container volume at Port Houston surged in the first half of 2019, rising 12 percent compared to that period last year. According to the Executive Director Roger Guenther the port facilities have handled nearly 1.5 Million TEU through the first half of 2019.The Houston ship channel also said in a press release that , the Port Commission awarded a contract not to exceed $39.7 million to Archer Western Construction, the top-ranked proposer among four finalists. A total of 53 companies downloaded materials about the project.The planned expansion of the truck gate at Port Houstonā€™s Barbours Cut Container Terminal is set to begin after approval of a contract for the work by the Port Commission, it said.The project consists of about 23 acres of new pavement at the existing Barbours Cut Terminal.

24 May 2019

MISC Group Q1 Financial Results

One of MISC's LNG carriers at sea (CREDIT: MISC)

MISC has announced its financial results for the financial period ended March 31, 2019.Financial Highlights:Group revenue for the quarter ended March 31, 2019 was higher than the corresponding quarter ended March 31, 2018.Group profit before tax for the quarter ended March 31, 2019 was higher than the corresponding quarter ended March 31, 2018.Group Revenue, Operating Profit and Profit Before Tax for the Quarter Ended March 31, 2019Group revenue for the quarter ended March 31,2019 of $544 million was 12.7% higher than the corresponding quarterā€™s revenue of $482 million.

10 May 2019

Vard Bags CCG Concept Exploration Gig

The naval architecture and marine engineering company, Vard Marine announced that it has been awarded an engineering services contract for concept exploration with the Canadian Coast Guard (CCG).The contract will focus on the Coast Guardā€™s future fleet renewal program, said a press release from the provider of ship design, marine engineering, and solutions for offshore and specialized vessels such as offshore support, subsea construction and naval vessels as well as ferries and passenger vessels.The work scope is aligned with Vard Marineā€™s core competencies in tailored, fit for purpose, multi-mission ship design and includes parametric concept designā€¦

02 May 2019

HII Wins $932mln LCS Planning Yard Contract

Huntington Ingalls Industries, America's largest military shipbuilding company, announced  that its Ingalls Shipbuilding division has been awarded a cost-plus-award-fee contract with a potential total value of $931.7 million for planning yard services in support of in-service littoral combat ships (LCS).The contract, which includes options over a six-year period, also provides work packages for HIIā€™s Technical Solutions division.ā€œIngalls Shipbuilding will build on 35 years of planning yard experience to join our Technical Solutions division in fully supporting this life-cycle work on the LCS program,ā€ said Ingalls Shipbuilding Presidentā€¦

22 Apr 2019

GDI in Drilling Services Contract with NOC

Gulf Drilling International (GDI) has signed a three-year contract with North Oil Company (NOC) to provide drilling services through the drilling rig Dukhan for NOCā€™s extensive development programmes in Al Shaheen oil field.The Al Shaheen Oil Field is a production oil and gas field off the north east coast of Qatar in the Persian Gulf, 80 kilometres north of Doha.The subsidiary of Gulf International Services (GIS) said in a press release that the signing ceremony was attended by GDIā€™s Chief Executive officer William Ceppi and NOCā€™s Chief Executive Officer Jacques Azibert. Also in attendance were Mark Gibson, Chief Operation Officer, and Francis Bourcier Drilling Manager of NOCā€¦

11 Jan 2019

Petrofac Secures Brunei Contract

Oilfield services provider Petrofac and its partner Serikandi Oilfield and Services Sdn Bhd, have secured a multi-annual Engineering Design Services contract to support Brunei Shell Petroleum (BSP) and Brunei LNG (BLNG) in Brunei.Petrofac and partner Serikandi will provide engineering across all phases of the asset lifecycle for the entire portfolio of onshore and offshore assets for BSP and BLNG.  All engineering and design work will be undertaken in Brunei, with the team located at offices in Kuala Belait.Mani Rajapathy, Managing Director, Petrofac EPS East, said the contract marks the company's return to Brunei after a number of years. "Our portfolio continues to expand in the Asia Pacific region," he added.

20 Sep 2018

Aker Solutions Wins Services Contract with Petrobras

Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil.The Campos Basin extends approximately 100,000 square kilometers. The three-year contract is valued at more than BRL 250 million and includes an option for a two-year extension.Aker Solutions will be renovating, repairing and upgrading offshore production units for Petrobras' Campos Basin Operational Unit (UO-BC). The contract will also allow Aker Solutions to demonstrate its value as a full-service provider, and manage the yard where replacement parts and other equipment will be fabricated."We are pleased to expand our business in Brazilā€¦

18 Jul 2018

Mermaid Maritime Wins Middle East Contract

Thailand-based subsea and offshore drilling services company Mermaid Maritime Public Company announced that its Middle East business unit has been awarded a subsea services contract in a GCC country with an initial contract value of USD 16 million.The contract award, with work scheduled to be performed in the Arabian Gulf during the course of August 2018 until March 2019, will involve the use of the DP2 Dive Support Vessel ā€˜Mermaid Endurerā€™ equipped with the Air and SAT Dive systems carrying out the overhauling and dry docking of the calm buoys and installation and disconnection of certain SPMs for an international Oil & Gas companyā€¦

30 Apr 2018

Caledonian Maritime Assets Buys Three Ferries

A deal has been agreed for the three passenger ferries serving the Northern Isles to be purchased outright by Caledonian Maritime Assets Ltd (CMAL) with loan funding from the Scottish Government. The MV Hamnavoe, MV Hrossey and MV Hjaltland, which have previously been leased from Royal Bank of Scotland, will be taken into CMAL ownership. An 18 month extension to the current Northern Isles Ferry Services contract has also been agreed to allow further progress to be made with the ongoing review of procurement policy. Serco NorthLink Ferries will continue to operate the services until 31st October 2019 under the extended contract. Ministerā€¦

06 Dec 2017

Crowley Restructures Business Units

(Photo: Crowley)

Crowley Maritime Corporation announced it has restructured its business units as the company aims to increase its focus on government-related business and better align vessel operations and fuel distribution services. Over the coming months, the 125-year-old company will transition its non-liner and logistics business units into three main service lines: Crowley Shipping, Crowley Fuels and Crowley Solutions. ā€œThis plan facilitates a pivot towards growing the companyā€™s government portfolio of workā€¦

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