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Swire Oilfield

SWIRE Oilfield Services Appoints New Sales Director

David Dae, Swire Sales Director

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.


Swire Pacific Offshore Selects MAN B&W

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


ST Engineering-Contract for Survey Vessel

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 Orders MacGregor Machinery for Four New Vessels

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


Husky Energy Makes New Oil Discovery

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


Halliburton Announces JV with SPT Energy

Picture of Halliburton’s first joint venture for hydraulic fracturing services in China

  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


Dynamic Positioning System Upgrades For Navigare Flotels

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: Sarir Oilfield Closed, Hariga Port Tanks Full

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


CNCo Signs an Agreement with MTS

The China Navigation Co. Ltd. (CNCo), the Hong Kong based deep-sea shipping arm of John Swire & Sons Ltd, has signed a 5-year contract with Marine Transaction Services AS (MTS). The relationship between CNCo and MTS goes back to 2003 when CNCo engaged MTS as its e-commerce provider. Implementation of the MTS e-business solution was comprehensive but very successful. All elements related to streamlining the business processes and workflows and strengthening business relationships were


North Sea FPSO Power Contract for Wärtsilä

Topside power modules: Schematic courtesy of Wärtsilä

Wärtsilä say they are to supply a 62 MW topside power module solution for a Floating Production, Storage and Offloading (FPSO) vessel to be deployed at the Kraken oilfield located in the U.K. sector of the North Sea. This EPC (engineering, procurement and construction) award comes from Armada Kraken Pte.Ltd, a wholly owned subsidiary of the Malaysia based international offshore oilfield services provider, Bumi Armada.


Cape Horn Delivered into Service

Cape Horn

Elliott Bay Design Group (EBDG), a naval architecture and marine engineering firm with offices in Seattle and Ketchikan, announced the delivery into service of the Cape Horn, a Specialty Oilfield Vessel. EBDG partnered with Gulf of Mexico Operator SeaMar


Aker Solutions Wins Mariner Development Deal

The work will be managed by Aker Solutions UK MMO unit through an integrated construction and completions (ICC) organization with Daewoo and Statoil.

  Aker Solutions secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea. The agreement is worth more than GBP 120 million


LM Handling Installs FPSO

Acteon operates across the entire life of field, from exploration to decommissioning

  LM Handling, an Acteon company, has provided handling expertise and equipment to support Acteon sister company, InterMoor, in the successful mooring installation of a floating production, storage and offloading (FPSO) unit for the China National Offshore Oil Corporation (CNOOC) operated


Hoover, First Reserve Announce Partnership

Hoover Container Solutions.jpg

Hoover Container Solutions has entered into an agreement to partner with First Reserve, the largest global private equity firm exclusively focused on energy. Financial terms of the transaction were not disclosed.   One of the global industry leaders in oilfield fluids container solutions


Swire Pacific Wins Sustainable Business Award

General Manager - Sustainable Development of Swire Pacific Offshore, Simon Bennett (right) receiving the award from  CEO of Global Initiatives, SD Forum organiser, Tony Gourlay.

  Swire Pacific Offshore (SPO) was presented the Sustainable Business Award (SBA) for Business Responsibility and Ethics at the inaugural Responsible Business Forum on Sustainable Development held in Singapore on Tuesday, 25 November 2014.


Schlumberger to Take $1 bln Restructuring Charge in Fourth Quarter

Schlumberger Ltd, the world's No.1 oilfield services provider, said it would take a $1 billion charge related to jobs cuts and the writedown of some seismic vessels as it trims its operations in response to slumping oil prices. The company expects a pretax charge of $200 million in the fourth


Schlumberger Cuts Seismic Fleet to Lower Costs

Schlumberger Ltd, the world's No.1 oilfield services provider, said it was reducing the size of its marine seismic fleet to lower costs as it expects customers to cut exploration spending. Schlumberger said it would take a charge of $800 million to write down the value of six vessels and other


COSL Takes Delivery of New Semisub

COSL’s deepwater semi-submersible drilling rig COSL Prospector delivered

  China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today. This rig has adopted the latest marine engineering design concepts in the world and has mets the


Merger Talks Feed Energy Sector Deal Speculation

Employees work in a lab at the Halliburton Co. facility in Houston.

  Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said. Competing service companies including National Oilwell


SERS Partners IEMS for Enhanced Oil Spill Response Services

Enhanced Oil Spill Response Services

  Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based International Environmental and Marine Services (IEMS) to jointly provide Tier 2/3 response services to clients in Europe


Batumi Oil Liftings Down 25 pct YTD

Crude oil and refined product shipments from Georgia's Black Sea port of Batumi were down 24.6 percent in the first 10 months of the year from a year earlier, a senior official at the terminal said on Monday. Bad weather in Kazakhstan, where the oil is produced


Libyan Rebel Refuses to Hand Over Oil Ports

Libyan militia leader Ibrahim al-Jathran

A former Libyan rebel leader, who seized oil ports in the past to campaign for eastern autonomy, said he had turned down an offer to join an armed group challenging the internationally-recognized government. The loyalty of Ibrahim Jathran to the government is key to ensure that three oil ports


Record-breaking Ship Arrives in Aberdeen Harbor

MV Pacific Adventure

Aberdeen Harbor has welcomed the largest vessel to have docked in the city, as its latest plans for the proposed expansion at Nigg Bay continue on public display. The MV Pacific Adventure, a general cargo and container vessel, which is 160 meters in length and 27 meters wide


RH Petrogas’ Gets Green Light on Fuyu 1 Block

The approved ODP allows KRL to operate and drill up to 1,008 wells in Fuyu 1 Block over a course of five years. RH Petrogas Limited, which is engaged in the business of exploration, development and production of oil and gas resources, said that the Group’s Overall Development Plan for the


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






 
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