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Torch Offshore

Torch Offshore Announces Shipyard Conversion Contract

Torch Offshore, Inc. announced that its subsidiary, Torch Express L.L.C., has entered into a contract with Davie Maritime Inc. of Quebec, Canada for the conversion of the Midnight Express at a cost of approximately $37.0 million. The total cost of the entire conversion project, including anticipated financial costs, will be between $80.0 million and $90.0 million. The 520-foot LASH (heavy transport) vessel will be converted into a DP-2 offshore construction vessel with the capability to work in varying water depths throughout the world. The Midnight Express has been at the Davie Maritime shipyard since April 2002 where the functional design was being performed. Some of the conversion work will begin immediately; however, the complete contract will not become effective until various conditions are satisfied, including arrangements for the required debt financing for the project. Torch Offshore, Inc. Chairman and CEO, Lyle G. Stockstill, commented, "We have worked very closely with the management of Davie Maritime and their technical staff for several months and we are pleased with their professionalism and the way in which they have tackled the project. We are confident that the personnel of Davie Maritime will do a good job with the conversion of the Midnight Express. The current schedule should put the Midnight Express in the water and ready for work in the fourth quarter of 2003


Feature: Staying the Course

Torch Offshore LLC is a Gretna, La-based integrated offshore contractor whose niche market is the installation of small diameter flow lines and related infrastructure on the Continental Shelf in the Gulf of Mexico (GOM). In 2002, the company had revenues of $68 million, laying 227 miles of pipe. Torch Offshore operates a fleet of nine vessels that lay the pipe and/or support this activity. The company is in the process of converting two large vessels that will give the company the ability


Market Report: When Will the Turn Around Come?

By Larry Pearson It seems to be a soap opera without an end. "It is crazy…makes no sense at all," is a common observation. If you are in the oil and gas business, the number one question is, "When is the drilling going to pickup?" It is a question without an answer…at least through the first quarter of 2004. "Normally when prices are low and oil rises about $25 a barrel and gas goes above $2.50 per million cubic foot, everybody goes back to work," noted Roy Breaux, Jr


Wojtaszczyk Joins Bisso Marine

Photo courtesy Bisso Marine

Bisso Marine announced the addition of Andy Wojtaszczyk. Wojtaszczyk joins the company as Subsea Services project manager, managing saturation diving and ROV operations. Prior to joining Bisso Marine, Wojtaszczyk served as ROV superintendent in Equatorial Guinea for Bienvenue Consulting Services/Hess Corporation and ROV project manager for Offshore Innovative Solutions, Inc. Before that, he was SAT superintendent aboard the DPII DSV Midnight Hunter for Torch Offshore, Inc.


Fendercare's Rowlands Cares for Olympic Torch

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On Wednesday July 4, Paul Rowlands, Marketing Executive for Fendercare Marine was given the honor of being an official Olympic Torchbearer and carrying the flame through Fakenham, Norfolk. Paul was nominated to carry the torch in recognition of his fundraising efforts, following the death of his daughter, Alice at just 15 days old in 2007.   Alice was born six weeks early and with a rare liver condition, neonatal hemochromatosis


ESAB Debuts Oxy-fuel/plasma Cutting System

Courtesy ESAB

ESAB Cutting Systems introduces Crossbow, a compact oxy-fuel/plasma CNC cutting system that is portable and economical. According to ESAB , the machine’s size and weight make it easy to transport as the application requires. Automated functions and a user friendly CNC provide powerful, versatile, oxy-fuel or plasma processing in a value-minded package. Crossbow is suited for trade schools, small fabrication shops, maintenance and repair shops


Gulf Of Mexico Rig Count Increases

The U.S. Gulf of Mexico offshore rig count continues to rebound, according to Offshore Data Services' weekly mobile offshore rig count. This week, 149 of the 191 mobile offshore drilling rigs in the U.S. Gulf are under contract, a four-rig increase over last week's week count and a seven-rig increase on a month-to-month basis. U.S. Gulf rig fleet utilization this week is 78.0 percent. The European offshore rig count continues to decline


Explosion at Russian Shipyard Kills One

An explosion on a decommissioned nuclear submarine being cut up for scrap metal at a northern Russian shipyard killed at least one person and seriously injured another, an emergency official said Monday. According to the Associated Press, the blast at the Zvyozdochka plant on the White Sea took place at 8:32 a.m. aboard a submarine that had already been stripped of its nuclear fuel and reactors, said Igor Grigoriyev, a spokesman for the Emergency Situations Ministry in the Arkhangelsk


Skipper Fined for Flare Misuse

The skipper of a former fishing vessel has been ordered to pay £3,825 in fines and costs after pleading guilty to firing rocket distress flares when not in need of immediate help. A red distress rocket flare was fired just before the boat torch light procession at this year's Salcombe Harbor Festival - popular with participants and spectators - landing on heathland, whilst still burning. Harbor Master Ian Gibson identified and spoke to the culprit Matthew Yeoman


Today in U.S. Naval History: November 8

USS Bagley (DE-1069). Credit: PH1 S. Smith.

Today in U.S. Naval History - November 8 1861 – Capt. Charles Wilkes seizes two Confederate diplomats from the British steamer Trent, causing an international controversy with Great Britain (known as the Trent Affair). 1942 - Operation Torch (Allied landings in French Northwest Africa). American forces land at Casablanca. French naval forces attack U.S. Navy ships and 13 French ships are sunk without a loss to the U.S.


NSPR Set to Reduce Weld Distortion

HiDep Arc Welding

  Since weld distortion is a very costly problem for U.S. shipyards, the National Shipbuidling Research Program (NSRP) has embarked on a project to reduce weld distortion through innovative Induction Heat process. A new welding process -- HiDep Arc Welding -- has been invented


Autonomous Technology for Offshore Wind Farm

ASV Ltds C-Worker

  ASV Ltd in association with Planet Ocean Ltd, have received funding from the GROW:OffshoreWind initiative to investigate how the use of Autonomous Surface Vehicles (ASVs) could reduce the costs of offshore wind farm support. The project will look at using ASVs to reduce the cost of


Rolls-Royce Expands in the Canary Islands

Rolls-Royce announced it has signed a cooperation agreement with the Astican Shipyard in Las Palmas, Canary Islands that it said will enhance the service capabilities of both parties to meet growing demand from rig and drillship owners. A new 1


Messer to Debut MetalMaster Xcel

Image: Messer Cutting Systems

Messer Cutting Systems said it has answered the call from manufacturers that have been demanding a faster, more accurate way of producing cut parts. Messer’s MetalMaster Xcel features traversing speeds of 3,000 IPM, a robust design, with high acceleration drives


Ivory Coast Seeks Deepwater Oil Investors

(Source: Google Maps)

Ivory Coast will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf of Guinea, at a promotional event in Texas next week, a senior oil ministry official said on Tuesday. The West African nation will target companies including Exxon Mobil


Rolls-Royce Secures Island Offshore Contract

VARD shipyard in Brevik

Rolls-Royce has won a $11.3 million order to provide design, integrated power and propulsion systems and equipment for an offshore service vessel for Norwegian ship owner Island Offshore. The offshore service vessel will be built at VARD shipyard in Brevik


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.


Drydocks World's to build BorWin3

Drydocks Worlds Signing Ceremony

Drydocks World signed an agreement today with Petrofac to build the BorWin3 high voltage direct current (HVDC) converter platform in the North Sea, named BorWin gamma.  When completed, this will provide an essential renewable offshore resource to meet increasing energy demands.


GONDAN Delivers PSV Designed with FORAN

Stril Luna, designed with FORAN. (Image courtesy of Gondan Shipyard)

FORAN was the shipbuilding CAD/CAM System used in the design and production of the vessel Stril Luna, built by Astilleros Gondán and delivered to the Norwegian shipowner Simon Møkster Shipping. Stril Luna, an offshore platform supply vessel (PSV)


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


Severe Weather Closes Sydney and Port Botany

Inchcape Shipping Services (ISS) Australia is advising that Sydney and Port Botany have been closed to all shipping movements since 22:00hrs yesterday evening until further notice, due to storm force winds and swell at the pilot boarding grounds.


Mærsk Deliverer's Contract extended

Maersk Deliverer

Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua


BOEM Proposes O&G Lease Sale in Gulf of Mexico

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) Acting Director Walter Cruickshank today announced that the bureau will offer 40 million acres offshore Louisiana


Charity Selected for 2015 OTC Dinner

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The Offshore Technology Conference (OTC) announces the 2015 beneficiary of the Annual OTC Dinner—the Independent Petroleum Association of America (IPAA) and the Petroleum Equipment & Services Association (PESA) Energy Education Center for the benefit of the Energy Institute High School


GeoSea acquires HOCHTIEF Offshore Assets

HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea

DEME’s marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea






 
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