Stolt Offshore Awarded Repair Contracts in Norway

Monday, October 15, 2001
Stolt Offshore S.A. announced the award of contracts from Statoil and Norsk Hydro to the Stolt Halliburton Joint Venture for pipeline repairs in Norway. This joint venture was originally formed in 1995 for servicing the Statoil Hyperbaric Welding and Diving Services Contingency Contract and renewed in July 2000 for five years. The first contract is for pipeline repairs on the Aasgard field for Statoil and is valued at $100 million. Ships owned by both Stolt Offshore and Halliburton Subsea will be used on this project which commences in mid October and is expected to be completed in April 2002. The second contract is for pipeline repairs on the Tune field pipeline for Norsk Hydro and is valued at $6 million. This contract will use the pipeline repair system owned by the Statpipe License and the Oseberg Transporation System and administered by Statoil. The repair program will be undertaken in parallel with the Aasgard field repair work. Bernard Vossier, Chief Executive Officer said "These complex deepwater contracts make good use of the combined construction fleets that both Stolt Offshore and Halliburton operate in the North Sea. Our joint venture has a proven track record of providing high quality construction, repair and contingency services to Statoil, Norsk Hydro and Esso." Vossier concluded.

Maritime Today


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

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

Contracts

Asia Dry Bulk-Capesize Rates Under Pressure

Capesize rates fall in a quiet market as holidays weigh; 20 charter-free capesize ships could add to downward trend. Freight rates for large capesize dry cargo

Egypt to receive first LNG shipment from Rosneft in May

Egypt will receive the first of five agreed shipments of liquefied natural gas (LNG) from Russia's Rosneft this month, an official at the state gas board EGAS told Reuters on Thursday.

DNV GL 7 JIPs in North America

In a concerted drive to find smart solutions to safely reduce complexities and cost in the North American oil and gas industry, DNV GL is leading seven new joint

Ports

GPA Will Continue Weighing Containers at No Cost to Shippers

The U.S. Coast Guard announced last week that state-calibrated scales already in use at the Port of Savannah meet a new requirement of the international Safety of Life at Sea (SOLAS) Convention.

Maersk Returns to Liverpool

Maersk has been welcomed to the Port of Liverpool with a formal reception for its feeder vessel Antwerp. The event on April 27 was attended by Seago and Maersk representatives along with customers,

Asia Dry Bulk-Capesize Rates Under Pressure

Capesize rates fall in a quiet market as holidays weigh; 20 charter-free capesize ships could add to downward trend. Freight rates for large capesize dry cargo

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Sonar
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: 0.0740 sec (14 req/sec)