Swire Oilfield Services, a provider of offshore cargo carrying units and associated services has appointed David Rae as sales director in line with its significant investment plans. Rae brings a wealth of knowledge and experience to the company gained from holding a variety of senior commercial and finance roles in a career spent working in both the oil and gas and manufacturing industries. He was most recently business development director at helicopter operators CHC. His role at Swire will see him plan and implement sales and marketing activities as well as contributing to the executive management of the company. “I am delighted to join Swire at this dynamic time of investment and growth in the company and look forward to working with the sales and operations teams to ensure we continue to deliver a first class service to our clients,” said Mr Rae. “Our global offering is competitive with bespoke services in high demand and I look forward to the challenge of driving sales onwards and upwards with the support of my team.” Rae’s appointment comes shortly after Swire’s announcement of its £50 million investment in services with £20 million being injected in to its North Sea operations including the construction of new global headquarters in Aberdeen.
MAN B&W Diesel has been awarded the contract to supply complete twin-screw medium speed propulsion packages for six Anchor Handling Tug Supply Vessels (AHTS). The newbuildings, which will be built by Labroy Shipyard, Batam, Indonesia (Labroy Shipbuilding and Engineering Pte Ltd, Singapore) are to be operated by Swire Pacific Offshore Limited, Singapore. The first newbuilding is expected to be launched in the beginning of 2007
The Canadian Press has reported that Husky Energy Inc. has made a sizeable new hydrocarbon discovery in western section of its White Rose oilfield located off the shore of Newfoundland. The energy firm said Tuesday that current data suggests the discovery could contain a potential recoverable resource of several million barrels of oil. This potential recoverable resource is in addition to the gross proved and probable reserves of approximately 240 million barrels recognized in the White
Singapore Technologies Engineering Ltd (ST Engineering) announced that its marine arm, Singapore Technologies Marine Ltd (ST Marine), has secured a S$30m contract to provide detailed design, construction and outfitting of a 228 ft seismic survey vessel for Swire Pacific Offshore Operations (Pte) Ltd (SPO), a wholly-owned subsidiary of Swire Pacific Limited. Construction is expected to commence in May 2009 and delivery is planned for the second half of 2010
China Navigation Company's (CNCo) four new Chief Class 22,000dwt multi-purpose vessels ordered from Zhejiang Ouhua Shipbuilding Co. Ltd. (Ouhua), on Zhoushan Island in China, will each feature three 60-ton variable frequency drive (VFD) MacGregor cranes and hydraulically-operated MacGregor hatch covers. The order was booked in the second quarter 2013 order intake. The vessels are scheduled for delivery in late 2014 and first quarter 2015 and the contract includes options for an additional
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) won the SRS Shipowner of the Year award at the Singapore International Maritime Awards (IMA) 2015 ceremony held on Tuesday, 21 April 2014 at The Ritz-Carlton, Millennia Singapore. Held as one of the anchor events of the Singapore Maritime Week (19 - 24 April 2015), the biennial Singapore IMA ceremony seeks to give recognition to individuals and companies for their contributions to Singapore's
Mobile, Alabama based Offshore-Inland Marine & Oilfield Services recently completed Dynamic Positioning (DP) system upgrades for Navigare on the accommodation Semis Safe Regency, Safe Lancia and the Safe Britannia. The DP system upgrades, which were performed while working in conjunction with Rolls-Royce, primarily consisted of hydraulic tubing replacement, installation of distribution manifolds and filter systems installations
Libya's Sarir oilfield has been closed and the Messla field has cut production because tanks at the eastern Hariga port are full, an oil official said on Tuesday. "The production of the Sarir oilfield is zero because it has been closed as the stores of Hariga oil Port are full enough," a spokesman for state-run oil firm AGOCO said. Reporting by Ahmed Elumami
Halliburton has signed an agreement with the SPT Energy Group Inc. affiliate, Petrotech (Xinjiang) Engineering Co., Ltd., to establish a joint venture company focused on hydraulic fracturing and production enhancement services in Xinjiang, China. The new company, Xinjiang HDTD Oilfield Services Co. Ltd., will provide fracture stimulation services, including design and analysis, data acquisition, and pumping and chemical services in the Xinjiang Uygur Autonomous Region
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO) welcomed its fourth L Class Platform Supply Vessel (PSV), Pacific Liberty at a naming ceremony held in Kyoto, Japan on Tuesday, 3rd February 2015. The naming ceremony was held at Maizuru Shipyard of Japan Marine United Corporation (JMU) in Kyoto. Graced by Lady Sponsor, Mrs Sylvia Maria Z. Pertierra, the wife of Mr Eduardo Pertierra, President of Anscor Swire Ship Management Corporation
Ezra Holdings saw its net profit for 9M15 grow 50.6 percent to US$51.5 million despite a net loss of US$3 million for the latest quarter, as sluggish oil prices weighed on activities of the oilfield service industry. For the first nine months of its financial year
Halliburton Co and Baker Hughes Inc have agreed with the U.S. Department of Justice to extend the date of the department's review of Halliburton's acquisition of Baker Hughes, a deal that would create an oilfield services behemoth.
Kinder Morgan Inc is considering more export opportunities from Texas and the U.S. Northeast, including liquid petroleum gas, refined products and potentially crude, a top executive told analysts on Wednesday. "The market is very ripe in Houston right now
Oilfield services provider Halliburton Co's acquisition of smaller rival Baker Hughes Inc is facing resistance from U.S. regulators who are concerned that the deal could hurt competition, Bloomberg reported. Justice Department lawyers reviewing the proposed $35 billion deal are worried
Connecting more than 12 ports, monthly multipurpose service with lifting capacity of up to 120 metric tons. Swire Shipping and Rickmers-Linie has announced the launch of a connecting carrier partnership. Under this partnership, Swire Shipping will be able to connect its breakbulk and
Samsung Heavy Industries (SHI) has announced that it is to build three shuttle tankers for Teekay Offshore Partners, at a total price of $365m and the contract includes an option for an extra vessel. The contract was signed in Oslo where Nor-Shipping 2015 was held
Crowley hovercraft helps Hilcorp establish a new lifeline to Endicott, Alaska drill site About half a million barrels of oil is extracted each day from Alaska’s Prudhoe Bay oilfields. One of its drilling sites, Endicott, is located on a spit of land connected by the gravel Prudhoe
National Oilwell Varco Inc., the largest U.S. oilfield equipment maker, said it will cut its Norwegian workforce by 1,500 by the end of this year as low oil prices have reduced investments. It plans to cut 900 permanent jobs and 600 contractors, the firm said in a statement on Wednesday.
Norway's Maritime Partner is set to reach a landmark in its history as it completes the construction of its 2000th vessel since founding in 1994. Maritime Partner CEO Peder Myklebust said the Aalesund based company is ‘immensely proud’ that its 2000th boat will be delivered to its
The Maltese government is all set to set to transform the ex-Malta Shipbuilding site into a service hub for the oil and gas industry, directly employing 160 people while paving the way for Malta to benefit from growing business in the Mediterranean region.
COSL Drilling Europe is reportedly being forced to make 229 rig staff redundant as a result of Statoil’s decision to cancel the charter for semi-submersible unit COSL Pioneer. Statoil announced the termination of contract since 8 October 2014
Norwegian Energy Company ASA announces that it has reached an agreement with its joint venture partners in Denmark with respect to its forfeited licences and related abandonment liabilities. Noreco has terminated its joint venture and its participation in the Nini and Cecile oilfields
Viking Offshore & Marine has secured a 48-month charter for a second land drilling rig system for US$31 million ($41.8 million). Viking’s subsidiary Viking LR2 will charter the 1,500-bhp train-type land rig and related drilling equipment system to a Chinese land rig
Two workers died at a construction project at a Brazilian oil terminal operated by state-run Petrobras on Tuesday, adding to a string of fatal and life-threatening accidents, a union representing oil workers said in a statement. The workers drowned after scaffolding they were erecting collapsed
Libya's recognized government warned its security forces would seize any tankers approaching the Ras Lanuf terminal without permission, saying any attempt to make oil deals with the rival government in Tripoli would be "piracy".