Aker Kvaerner Wins Blind Faith Contract

Friday, December 23, 2005
Chevron with partner Kerr-McGee has awarded Aker Kvaerner a contract for marine operations for installation of the Blind Faith platform in the Gulf of Mexico. The contract value is estimated to approximately $35 million.

The new contract will be executed by the Aker Kvaerner company Aker Marine Contractors, and includes installation of a mooring system, topside transport, transportation and installation of the Blind Faith semisubmersible platform as well as hook up of the risers of the Aker Kvaerner company.

President of Aker Marine Contractors, Torgeir Ramstad comments, "This contract award confirms the competitiveness of Aker Marine Contractors in the deepwater installation market. Aker Kvaerner has already been awarded the contract for delivery of the hull and mooring system. With the new, additional contract for this project, we will deliver a seamless solution for this important asset in close cooperation with the customer."

In October, Aker Kvaerner secured a contract for provision of the hull and mooring system for Blind Faith, in which Aker Marine Contractors plays a key role. In the new contract, Aker Marine Contractors will perform all engineering and construction activities related to transportation and installation of the Blind Faith platform. The platform will be located in the Missisippi Canyon block 650, situated approximately 162 miles southeast of New Orleans. The water depth at the field is 2 000 meters.

Aker Marine Contractors announced in August a five year charter agreement with Taubåtkompaniet for the specialised offshore construction vessel "BOA Sub C" (formerly announced as "BOA Deep C II"). This vessel will be used for the offshore installation activities for Blind Faith. "BOA Sub C" is expected to enter the market towards the end of 2006, and is a larger version of the sister vessel "BOA Deep C" which is currently operating in the Gulf of Mexico.

The project will commence immediately and offshore transportation and installation will be performed from September 2007.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Russian Shipbuilder Wins $1 bln Iran Oil Rig Deal

Russian shipbuilder Krasnye Barrikady has been awarded a near-$1 billion contract by Iran to build five offshore drilling rigs for use on Iran's part of the Gulf shelf,

General Dynamics Bags $ 47 mi US Navy Contract

General Dynamics Information Technology, a business unit of General Dynamics (NYSE: GD), was awarded a contract to provide information technology services and security

Phaethon Takes Diana Panamax on Timecharter

Phaethon International has chartered a panamax bulk carrier Which is owned by the Greek shipping Diana Shipping on for up to eight months with a daily rate of US $ 5,

Offshore

BW LPG Registers 10% Growth in VLGC Fleet

Less domestic petrochemical consumption of LPG would be positive for VLGC shipping as it would result in a greater surplus of LPG available for export.    However,

Subsea 7 Secures EPCI Contract

Subsea 7 S.A. announced it has been awarded an engineering, procurement, construction and installation (EPCI) contract for offshore execution in 2017 and 2018.   The

US Oil Rig Count Steady for First Time This Year

U.S. energy firms this week kept the number of rigs drilling for oil unchanged for the first time this year, services company Baker Hughes Inc said on Friday, as

 
 
Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0783 sec (13 req/sec)