Smedvig Has Further Delays for West Navion

Monday, February 04, 2002
Operations on West Navion, which is currently operating for Marathon Oil offshore Canada, continues to be suspended, due to repair work on the main sheaves in the RamRig derrick. Although the work is near completion, defects were discovered in certain welds in the marine riser during inspection prior to re-commencement of operations. Defects have been discovered both in the risers that have been utilized in operation as well as in new, unutilized risers. The initial estimate of the time necessary to complete the required repair work prior to re-commencement of operations is approximately six weeks. The total off-hire period as a result of the RamRig and marine riser repair work is estimated to approximately eight weeks, prior to the loss of hire insurance taking effect.

Contracts

ACE Winches Bags Order from Vard

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Fugro, US Army Corps of Engineers Ink Mapping Deal

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Nakilat Upgrades VSAT Service for LNG/LPG Fleet

Nakilat, the shipping arm of Qatar’s liquefied natural gas sector, has entered into a contract with Global Eagle Entertainment Inc.’s Emerging Markets Communications

Offshore

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

MISC Enters Thai Offshore O&G Market

Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.

 
 
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