ONGC Hunts for New Offshore Ships

Monday, July 30, 2007
Oil and Natural Gas Corporation (ONGC), has initiated negotiations with shipping companies to keep oil from its Bombay High oil fields flowing after the Directorate General of Shipping recalled its 27 offshore supply vessels for safety reasons. The top management of ONGC, led by its Chairman R S Sharma, flew to Mumbai to meet top Shipping Corporation of India (SCI) officials to procure offshore supply vessels (OSVs) urgently for deploying into the fields situated 160 km off the Mumbai coast in the high seas. SCI takes care of operations and management of 22 vessels of ONGC (16 OSVs and 6 specialised vessels). But the maintenance is outsourced to third parties. ONGC is unlikely to get more than 15 vessels from the open market at this point of time, industry sources said. In a communication to both ONGC and the DG Shipping, Sical said it took over 25 vessels for operation and maintenance on May 28 and it was not feasible to carry out interim SMC audits due to shortage of time. Source: Business Standard

Offshore

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

Maritime Safety

Indian Cargo Ship Sinks Off Oman

An Indian cargo ship loaded with vehicles and food supplies destined for Yemen sank on Saturday off the coast of Oman but without loss of life, Oman’s ONA state news agency reported.

Danish Maritime Authority Supports Maritime Cultural Days

The Danish Maritime Authority's buoy tender ’POUL LØWENØRN’ will be alongside in Korsør in connection with the Maritime Cultural Days. The vessel will be open to visitors throughout Saturday,

ABS Makes it Safer to ‘Walk to Work’

ABS announced the publication of The ABS Guide for Certification of Offshore Access Gangways. The new Guide addresses certification for safety systems used for “walk to work” (W2W) crew transfers.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Port Authority 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: 0.0791 sec (13 req/sec)