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Solstad Offshore

Aker Yards to build AHTS for NorSkan Offshore

Aker Yards has been awarded a contract worth approximately $47.5 million by NorSkan Offshore Ltda., Brazil, to build an Anchor Handling Tug Supply (AHTS) vessel. Delivery is scheduled for April 2007. NorSkan Offshore is an offshore supply vessel company owned by Solstad Offshore ASA and DOF ASA in Norway on a 50/50 basis, and is focusing on the strong Brazilian offshore vessel market.


AHTS Contract for Solstad Offshore

Photo credit Solstad Offshore

Solstad Offshore ASA (SOFF) contracted by a large oil company for its 5500 bhp AHTS 'Nor Tigerfish'.   The duration of the contract is for one year firm, and with two by three months options. The new contract will commence during August 2012. Total value for the firm contract is approximatly US$ 9,5-million.  


Shipbuilders Cash In on Special Vessels

According to reports, South Korean shipbuilders are profiting more from selling high-value units such as offshore plants and liquid gas carriers than ever. Daewoo Shipbuilding and Marine Engineering, already has won a record-high $7 billion in building orders this year, which exceeds last year's record of $6.6 billion. Such high performance was largely affected by the sales of four offshore oilrig units, which amounted to $1.9 billion in total.


Haugesund Contract for Offshore Simulators

Photo courtesy Saltwater PR

Kongsberg Maritime's simulation division has signed a new contract to deliver a range of offshore simulators to the newly founded Haugesund Simulatorcenter in Norway. The contract, which was signed on 16 June 2010 is for the 2011 delivery of a 360 degree visual offshore vessel simulator with interface to a range of specialized task simulators for team training of complex offshore operations. The offshore vessel simulator


Solstad Gets Three PSV Charter Agreements

PSV Normand Draupne: Photo courtesy of Solstad

Solstad Offshore ASA gains long-term charters for three of its platform supply vessels Total E&P UK Limited and Elf Exploration UK Limited have signed agreements for hire of the platform supply vessels (PSV) “Normand Aurora”. The duration of the contract is firm for 5 years with further 2 x 1 year options. EDT Offshore Egypt S.A.E has signed for hire of  Stand-By vessel “Normand Draupne ”


Oceaneering Charter 'Normand Flower' for Three Years

Normand Flower: Photo courtesy of Solstad Offshore

Oceaneering International, has chartered the 'Normand Flower', a Solstad Offshore multi-service subsea support vessel. The charter term is expected to commence during the fourth quarter of 2013 upon arrival of the vessel for work in the Gulf of Mexico (GOM). Prior to commencement of the charter, the Normand Flower will undergo modifications to enhance its project capabilities, including reconfiguration to accommodate two Oceaneering, high-specification, work class ROVs


Global Offshore Pipeline Market by Region 1997-2006

source: The World Offshore Pipelines & Umbilicals Report II – Douglas-Westwood Ltd The installation of almost 50,000 km of pipeline is forecast over the next five years in the new second edition of The World Offshore Pipelines and Umbilicals Report 2002-2006, published today by leading offshore analysts Douglas-Westwood and offshore data specialists Infield Systems. According to the report’s lead author, Dominic Harbinson of Douglas-Westwood


Aker Yards to Build Supply Vessel for Island Offshore

Aker Yards has signed a contract with Island Offshore in Ulsteinvik, Norway to deliver one UT 776 CD Platform supply vessel. The total value of the contract is approximately $48.9m. This is the 23rd contract between the ship owner Island Offshore and Aker Yards. The hull for the vessel will be built in Romania and outfitted at Aker Yards, Brevik. Delivery of the vessel is scheduled for July 2009.


Diamond Offshore Receives MMS National SAFE Award

Diamond Offshore Drilling Inc. has been named the recipient of the U.S. Department of Interior's Minerals Management Service (MMS) 2001 National SAFE Award (Safety Award for Excellence) for Drilling Contractors. The award, which recognizes outstanding performance in safety and environmental protection, is presented annually to one company in each of four categories: operator with high activity, operator with moderate activity, drilling contractor and production contractor


BAE Systems Launches Jackson Offshore PSV

BAE Systems launches the M/V Breeze from its Heckscher Drive shipyard on Wednesday, January 29.

BAE Systems today launched the first of four platform supply vessels it’s building for Jackson Offshore Operators, LLC. These vessels, which will support drilling operations in the Gulf of Mexico, reflect BAE Systems’ continued growth in U.S. commercial shipbuilding and its support to the offshore oil and gas industry. The launch ceremony for the M/V Breeze included representatives from both companies. Lee Jackson


Diamond Offshore profit falls as rig demand softens

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 17 percent drop in quarterly profit as demand fell for rigs used in deep water drilling. Contract drillers face a tough year as vessels ordered during boom times are delivered just as energy


Fincantieri Offshore Chooses AVEVA Software

Fincantieri Offshore is using AVEVA Marine software in the concept design phase of Proxima.

One of the world’s largest shipbuilders uses AVEVA software to design next-generation drillship. Fincantieri Offshore has signed a contract with AVEVA to implement AVEVA Marine software in the concept design phase of Proxima, a major offshore drillship project


HHI to Deploy 3DEXPERIENCE Design Platform

Hyundai Heavy Industries Selects Marine & Offshore Industry Solution Experiences for Design and Engineering of Offshore Structures Dassault Systèmes, the 3DEXPERIENCE Company, a company in 3D design software, 3D Digital Mock Up and Product Lifecycle Management (PLM) solutions


Diamond Offshore Shares on the Rise

Photo courtesy Diamond Offshore

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as it cut drilling costs and hiked prices, sending its shares up as much as 10.5 percent. The company - owned 50


BOEM Proposes GoM Oil and Gas Lease Sale

Photo courtesy BOEM

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau today announced that the bureau will offer more than 21 million acres offshore Texas for


Topaz secures another West Africa contract

Topaz-faye DP2 platform

Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announced a new contract win for its fast growing West Africa operation. Under the terms of the US$ 11 million agreement


POSH raises $311m in Singapore IPO

Image: POSH file photo

POSH prices IPO at S$1.15 per share, near bottom of indicative range. POSH focuses on service to production, maintenance and is keen on growing offshore accommodation business. PACC Offshore Services Holdings (POSH) could raise at least S$388


Offshore Service Vessels Design Innovation

PSV World Sapphire from Damen (Photo courtesy Damen)

It could be argued that no other sector of the maritime market has experienced a design innovation revolution quite like the Offshore Service Vessel (OSV) market. Driven by demands to supply people, gear and goods to offshore installations that are increasingly further from shore in deeper waters


SSI Rep Sponsors Brazilian Offshore Seminar

SSI and its representatives continue to engage with leaders of the shipbuilding and offshore industry to help increase productivity and solve business challenges. On April 23, Sincronia, SSI's representative for ShipConstructor software in Brazil


Noble Energy Announces Increased Quarterly Dividend

NBLLOGO.jpg

Noble Energy, Inc. announced that its Board of Directors has approved a quarterly cash dividend of 18 cents per common share, which represents an increase of nearly 29 percent from the prior 14 cents per common share quarterly dividend. The dividend is payable on May 19, 2014


Russian Partners Agree Icebreaking OSV Constructions

Arctic drillship: File photo

Sakhalin Energy and Sovcomflot (SCF) inform they have agreed to extend their co-operation having signed a number of agreements for construction and long-term operation of support vessels for the Sakhalin-2 project. SCF explain that the vessels will be used as year-round personnel carriers and


Saipem: A Fleet Grows in Brazil

Saipem FDS 2 with new J Lay tower at anchor. (Photo Saipem)

As some pre-salt plays begin production, a wide range of subsea infrastructure is being built, with O&G transportation pipeline grids being one of the vital downstream systems. Saipem has been recipient of the first major contracts to install deepwater pre-salt pipelines by national operator


UK Subsidises 8 Renewable Energy Contracts

Wind farm file photo

The British government on Wednesday awarded investment contracts under a new subsidy regime to eight renewable energy projects, including five offshore wind farms and three biomass plants. The projects together are worth 12 billion pounds ($20 billion) and will support 8


CMM Takes Delivery of Damen PSV for Brazil

Photo courtesy of Damen

New supplier CMM Gravity to start on long-term contract with Petrobras. CMM has taken delivery of a Damen Platform Supply Vessel 3300. The 80-meter, 3,300t deadweight vessel CMM Gravity will be deployed in the Brazilian waters from June 2014 on a 4+4 year contract with Petrobras.


C-MAR's Modern Approach to DP Training in Brazil

Mauricio Santos, C-MAR Country Manager at the Rio de Janeiro training center.

The modern offshore maritime industry heavily relies on different classes of DP vessels, from OSVs to Drillships and Tankers, almost all vessels serving the oil and gas industry need to be DP capable in order to safely operate offshore. The massive growth experienced in Brazil due to the uncorking


 
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