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Supply Contract

Technip Wins Brunei Offshore Pipe Contract

Technip awarded flexible pipe supply contract for Champion Field offshore Brunei. Technip has been awarded by Swiber Offshore Construction a flexible pipe supply contract for the Brunei Shell Petroleum’s Champion Field, located 40 kilometers offshore Brunei, at a water depth of 45 meters.  The contract covers the supply of 12 flexible flowlines, with a total length of 19 kilometers. Brunei Shell Petroleum will use these flexible pipes to increase the existing Champion Field production by redevelopment. The Champion WaterFlood Project, divided into brown field and green field, will be carried out in several phases and will aim at increasing oil recovery from the field. This award is an important milestone for Technip as it confirms the cost effectiveness of the flexible pipe solution for shallow water field redevelopment in Asia. It also reinforces Technip's position as the primary flexible pipes supplier in Asia Pacific. Technip’s operating center in Kuala Lumpur, Malaysia will execute the contract, which is scheduled to be completed in the first semester of 2013. The flexible flowlines will be manufactured at Technip’s Asiaflex Products plant in Tanjung Langsat, Malaysia.  


MARCAS Awards Contract to Unitor

Ship supply specialist Unitor, has entered into a three-year sole supply contract with MARCAS, the Bermuda-based marine purchasing group. MARCAS’ members, who include the V. Ships Group, Teekay Shipping and World Wide shipping, have agreed to contract with Unitor for the sole supply of chemicals, gases and associated welding products for a minimum period of three years.


Chinese LNG Project Progressing

A Chinese consortium led by China Offshore Oil Corp. (CNOOC) and oil major BP aim to complete a feasibility study for China's first liquefied natural gas (LNG) project by next June. An agreement for the supply of gas is also expected to be sealed in a similar timeframe, the official said. The Chinese consortium and BP plan to build a three million ton per year (tpy) LNG import terminal in southern Chinese province of Guangdong by the end of 2005


Survival Craft Wins $7.7m Lifeboat Contract

Marine safety specialist Survival Craft Inspectorate Ltd has won offshore contracts potentially worth a total of $7.7m to supply new lifeboats that meet key upgrade requirements. Among Survival Craft’s clients are Apache, BP, Chevron, Maersk Oil and Marathon, which have all agreed supply contracts for the upgrading of their UK-located fixed installations. The upgrades are in accordance with the companies’ obligations as duty holders


Scana to Supply FPSO Mooring Winches

Scana Industrier ASA subsidiary, Scana Offshore Vestby, has signed a winch supply contract with UK-based Dana Petroleum. The contract is for delivery of mooring winches for Dana Petroleum's new floating production, storage and offloading vessel (FPSO) which will be used in their Western Isles Development Project. The total value of the contract is 57 MNOK. Dana Petroleum plc is a $4 billion oil and gas business with operations in the UK, Egypt, Norway, The Netherlands and Africa.


Canpotex Reaches Agreement with Indian Customers

Canpotex Limited announced it has agreed to an annual contract with its government and private sector partners in India to supply approximately 1 million metric tons of potash at a price of $322 per metric ton on a CFR basis. Steven Dechka, Canpotex's President and Chief Executive Officer, stated that this new agreement demonstrates once again the importance Canpotex places on the Indian market and on supporting its loyal and long-term customer base in India.


Rolls-Royce Wins $150M Marine Contracts

Rolls-Royce has won ship design and equipment supply contracts for offshore service and cable-laying vessels, worth approximately $150 million over the last three months, including its biggest-ever commercial marine order. Dr. Saul Lanyado, President -- Marine, Rolls-Royce, said: "This is a significant step for Rolls-Royce. Development of the marine business is key to the future strategy of the group. These orders demonstrate a growing demand for specialist offshore vessels


LNG Revival Sparked In U.S.

U.S. Appetite For LNG Increases as Evidenced By 90% Leap In Imports The import and use of Liquefied natural gas (LNG) in the U.S. has been staging a comeback. The country's two active import terminals are handling a rising number of tanker cargoes, with imports up 90 percent last year, and there are plans to re-launch two dormant terminals during the next two years. U.S. demand for natural gas is projected to rise strongly over the next decade


U.S. Offshore Wind Projects Move Closer To Reality

Dow Jones reported that deal making and development in the wind arena continue even as the economy slows down, with the federal government moving ahead to grant leases for the U.S.'s first offshore wind projects in history and other state-based projects moving to the front burner. Comments on federal rules to govern a host of alternative energy projects proposed in federal waters off the coast of the drew about 225 responses by Monday's deadline, as the U.S


Statoil Awards Siemens Wind Farm Service Contracts

The Sheringham Shoal Offshore Wind Farm. (Photo: Alan ONeill)

As operator, Statoil has awarded two contracts to Siemens plc for the engineering, supply, assembly, commissioning and service of 67 wind turbine generators for the Dudgeon Offshore Wind Farm project. The wind turbine generator (WTG) supply contract will cover engineering, procurement, assembly and offshore commissioning. Each turbine (6 MW) consists of a tower section, a nacelle and three separate rotor blades (154-meter rotor diameter).


US Navy Orders Demonstration Craft from Willard Marine

Photo courtesy of Willard Marine, Inc.

Willard Marine, Inc. (WMI) announced it has been selected through a solicitation process to supply a demonstration model of a new, advanced combatant craft for the U.S. Navy under an SBIR contract modification awarded to Structural Composites, Inc.


Russian Minister to Intervene with Gazprom on Slovakia Gas Flow

Russia's Energy Minister Alexander Novak will intervene with Gazprom to raise reduced gas shipments to Slovakia to contracted levels, Slovakia's economy ministry said on Wednesday after bilateral talks in Moscow. Slovakia says natural gas flows to its national importer SPP have been reduced by


FMT Orders Another Towboat from Eastern Shipbuilding

Eastern Shipbuilding Group Signs Option Contract for One Additional 90’ Inland with Towboat Florida Marine Transporters

  Eastern Shipbuilding Group, Inc. is pleased to announce that Florida Marine Transporters, Inc. of Mandeville, LA exercised another additional 90’x32’x10’ “Canal Class” Inland Towboat to the six (6) vessel program currently under contract


FMT Options for another Towboat from Eastern

Photo courtesy of Eastern Shipbuilding Group

Eastern Shipbuilding Group, Inc. announce that Florida Marine Transporters, Inc. of Mandeville, La. exercised another additional 90’x32’x10’ “Canal Class” Inland Towboat to the six-vessel program currently under contract


COSCO Builds 3rd BigRoll MC Class

BigRoll Barentsz, Bering and Baffin

BigRoll Shipping announces that it has contracted COSCO Dalian Shipyard Co., LTD to build a third MC Class Module Carrier. She will be named BigRoll Baffin and is scheduled for delivery in June 2016. Bigroll Shipping last year in September ordered two vessels of the same type with options


Crude Oil Markets Roiled by Sell Off

A sell-off that began last week continued to roil crude markets, which have been weighed down by worries of oversupply and lackluster demand, pushing Brent crude to a contract low on Monday. U.S. crude traded below $90 a barrel, despite a brief mid-morning rally


Rolls-Royce Waterjets for Spanish Patrol Vessels

File Photo: Rolls-Royce Waterjet

Rolls-Royce has secured a contract to supply waterjets for two Spanish Police Guardia Civil 20m Patrol boats in Spain. These vessels will be built by Astilleros Gondan Shipyard. This is the first time Rolls-Royce waterjets will feature on Guardia Civil boats


Swissco Bags $17m Chartering Contract

Chartering & Marine Logistics

SGX Mainboard-listed Swissco Holdings Limited announced it has secured three chartering contracts with options worth US$17.3 million. The offshore support vessels, comprising two new workboats and one anchor handling tug supply vessel, will be deployed in the Middle East under the contracts.


Samsung Heavy to Tankers for Gazprom

South Korean shipbuilder Samsung Heavy Industries plans to build three Arctic tankers for Russian oil company Gazprom Neft, which has been targeted by Western sanctions, sources familiar with the deal said. The sanctions imposed on Moscow over its role in the crisis in Ukraine have complicated


MacGregor Secures Deck Machinery Orders from Sinopacific

the main dimensions of SPA85L have been optimized to meet the complex conditions of the South China Seas

MacGregor has signed a new series of deck machinery orders for 12 vessels with the China-based Sinopacific Shipbuilding Group. This builds on a track-record of contracts that now stands at 150 shipsets of equipment successfully delivered and installed at Sinopacific yards


Early Contract Termination for Loke Viking

Logo

As previously communicated, Viking Supply Ships has entered into an agreement with a major oil company for the charter of four AHTS vessels. The contract applies to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017


Maersk Supply Service Orders Six Offshore Vessels

Maersk Supply Service, a unit in Danish conglomerate A.P. Moller-Maersk, said on Thursday it has placed an order for six new large anchor-handling tug supply vessels from Kleven Maritime in Norway. "The vessels are built for deep water operations and potential customers are international


Maersk Supply Service Orders Six Anchor Handlers

Image: Kleven Maritime A/S

Kleven Maritime A/S has been contracted by Maersk Supply Service to build six anchor handling tug supply vessels, with options for four additional newbuilds. The vessels, all of Salt Ship Design’s SALT 200 AHTS design, will be built at Kleven's two shipyards in Norway


Rolls-Royce to Design, Equip Stern Trawler for Ramoen

Image courtesy of Rolls-Royce

The Armon shipyard in Gijón, Spain has entered into a contract to build a new Stern Trawler for the Norwegian fishing company Ramoen. The vessel will be a Rolls-Royce design, type NVC 372, and the contract value is £6.5 million to Rolls-Royce.


Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have already invested billions of dollars in long-term contracts. The 26 percent price slide since June to $85 a barrel exposes cracks in






 
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