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Contract Awarded

U.S. Navy Awards Ingalls $620 Million Shipbuilding Contract

Ingalls has been awarded a $620 million contract to build two additional DDG 51 Class Aegis guided missile destroyers for the U.S. Navy. The two-ship contract awarded represents the exercise of an option included in a multi-year, multi-ship contract awarded to Ingalls last year. With the award, Ingalls has 21 Aegis destroyers under firm contract; and holds options for four additional ships which will be awarded over the next two years. Of the 25 ships and options awarded to Ingalls, 11 ships have been delivered. A 12th Ingalls-built destroyer will be delivered in January. The Navy plans a total of 57 ships in the DDG 51 program.


Conrad Industries Awarded Contract

Conrad Industries has been awarded a $5.5 million contract for the United States Army Corps of Engineers. The contract award calls for the design and construction of a 255-foot crane barge with a fully equipped machine and fabrication shop. When delivered, the vessel's primary mission shall be the support of maintenance dredging and repair of navigation structures and facilities for the Nashville District of the United States Army Corps of Engineers.


Subsea 7 Wins GofM Pemex Contract

Seven Borealis: Photo credit Subsea 7

Subsea 7 S.A. announce a contract award by Pemex to its Mexican joint venture valued at approximately US$90-million. The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers (a slug catcher is a storage vessel used to separate oil, water and gases and regulate flow within a pipeline)  and two cantilever structures for the Line 67 Project in the Bay of Campeche. This is the second contract awarded to the joint venture.


North Sea, Asia Pacific, Contracts for DOF Subsea

DOF Vessel Geosund: Photo credit DOF Subsea

DOF Subsea Group has secured multiple contract awards with a total contract value of about US$ 130-million. In the North Sea region DOF Subsea has secured multiple contracts. The contracts have been agreed with key clients in UK and Norway. The scopes comprise installation of mooring system and flexible flowline systems, construction support, survey and inspection work and will be executed with the vessels Skandi Skolten, Geosund, Geoholm and the new built Skandi Bergen


POSH Bags Shell FLNG Contract

Photo: PACC Offshore Services Holdings Ltd.

 Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied natural gas facility using its semi-submersible accommodation vessel the “POSH Arcadia”.   The 750-pax POSH Arcadia will be deployed to provide accommodation support for the hook-up and commissioning phase of the Shell Prelude FLNG Project in the Browse Basin


Orion Announces $20 Million Contract Award

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Orion Marine Group, Inc. (NYSE:ORN), a marine contractor serving the infrastructure sector, announced  May 15, 2012 a contract award of approximately $20 million. Orion Marine Group was recently awarded a contract for the demolition and rehabilitation of an existing wharf structure on the Lower Mississippi River for a private customer. Onsite construction of the project is expected to commence in the second quarter and last approximately 12 months


Nuclear Propulsion Contract Awarded

Bechtel Plant Machinery, Inc., Schenectady, N.Y., is being awarded a $31,325,116 cost-plus-fixed-fee modification to previously awarded contract (N00024-02-C-2102) for Naval nuclear propulsion components. Work will be performed in Schenectady, N. Y. (67 percent) and Pittsburgh, (33 percent). Contract funds will not expire at the end of the current fiscal year. No completion date or additional information is provided on naval


NASSCO Named Prime Contractor

National Steel and Shipbuilding Company (NASSCO), a General Dynamics company, has been appointed the prime contractor on $17.4 million in research and development contracts awarded by the Maritech Advanced Shipbuilding Enterprise (ASE) program. In addition to Maritech awarded funds, industry participants will invest $23.5 million of their own funds in the projects for a total cost of $40.9 million. Leading a team of U.S


NASSCO Named Prime Contractor

National Steel and Shipbuilding Company (NASSCO), a General Dynamics company, has been appointed the prime contractor on $17.4 million in research and development contracts awarded by the Maritech Advanced Shipbuilding Enterprise (ASE) program. In addition to Maritech awarded funds, industry participants will invest $23.5 million of their own funds in the projects for a total cost of $40.9 million. Leading a team of U.S


$17.5M Bunkering Contract Awarded

Vane Line Bunkering Inc.*, Baltimore, Md., was awarded on March 14, 2007, a $17,507,083 firm-fixed-price contract for Atlantic Dedicated Barge Transportation Services.Work will be performed in Baltimore, Md., and is expected to be completed by March 31, 2012.Contract funds will not expire at the end of the current fiscal year.There were an unknown number of bids solicited via the World Wide Web on Oct. 17, 2006, and one bid was received


BW Offshore CEO Sees Signs of Recovery

Carl Arnet (Photo: BW Offshore)

BW Offshore, which delivers floating production services to the oil and gas industry, sees signs of an improved market.   "It's still early days but we definitely see a pick-up in discussions and tendering activity," CEO Carl Arnet said during the firm's first-quarter earnings


In Demand: Hoegh LNG’s Sveinung Stoehle

The business model: Hoegh LNG president and CEO, Sveinung Støhle. Photo: handout

Satisfied with the recent opening of a new floating LNG import terminal in Turkey plus contract successes in Africa and Asia, Hoegh LNG CEO and president, Sveinung Stoehle, cautiously lets us into his stylish Oslo offices for a bit of “disclosure”


Crowley to Supply LNG in Puerto Rico

Photo: Crowley

Crowley Maritime Corp.’s  liquefied natural gas  (LNG) services group has been awarded a multi-year contract to supply additional volumes of containerized, U.S.-sourced LNG to a major pharmaceutical company’s manufacturing plants in Puerto Rico.  


Ardent Celebrates Second Year

BAY OF CAMPECHE, Mexico (Nov. 15, 2016)- Ardent concluded the industry’s largest wreck removal project in the Gulf of Mexico in 2016. (Photo: Ardent)

Salvage and wreck removal company Ardent celebrates its second birthday with the passing of May 1, 2017. Ardent maintains a zero lost time incident record since its inception. “Despite the initial focus on implementing the merger and challenging market conditions Ardent has


Total E&P UK, Survitec Ink Lifesaving Equipment Deal

Survitec Group has announced a five-year contract award with Total E&P UK Ltd for the provision of lifesaving equipment maintenance services.    The contract, which adds to an existing contract for lifeboat maintenance services


Shell, Pavilion Gas to Supply Singapore with LNG

File Image: an LNG carrier (CREDIT: GAC)

Shell and Pavilion Gas will start supplying Singapore with liquefied natural gas (LNG) later in 2017 under contracts awarded last year, the city-state's trade minister said on Tuesday.   "We will also allow interested parties to import spot LNG in the second half of 2017


Subsea 7 Awarded Norwegian North Sea Contract

Photo Subsea 7

Subsea 7 S.A. today announced the award of a sizeable(1) contract by Centrica for the Oda field in the Norwegian North Sea. The Oda oil field (previously called Butch) was discovered in 2011 in the southern part of the Norwegian North Sea, approximately 14 kilometres east of the Ula field


Crane Barge Drydocked at Great Lakes Shipyard

Photo: Great Lakes Shipyard

Ryba Marine’s crane barge CT-150 (150’ x 50’ x 10’) was recently in drydock at Great Lakes Shipyard for maintenance and repairs.   Great Lakes Shipyard’s contract, awarded by Ryba Marine on October 28, 2016, included drydocking


DON Recognizes Acquisition Excellence

Capt. Michael C. Ladner receives the Program Manager of the Year award at the Department of the Navy Acquisition Excellence Awards ceremony at the Pentagon. The annual acquisition awards recognize individuals and teams for executing creative, effective and cost-saving acquisition practices. (U.S. Navy photo by Petty Officer 1st Class Jason BehnkeReleased)

The Department of the Navy recognized more than 50 acquisition professionals for exceptional efforts in the acquisition field during a Pentagon ceremony Nov. 17. Hosted by Assistant Secretary of the Navy (Research, Development and Acquisition) Sean Stackley


Polarcus Achieves High Utilization at Low Costs

Rod Starr - CEO, Photo Polarcus

Polarcus Limited announced release of its third quarter 2016 financial statements. HEADLINES Q3 2016:  * Revenues of USD 64.6 million, down 5% from Q2 2016  * Contract revenues of USD 54.1 million, up 31% from Q2 2016  * Multi-Client revenues of USD 10


Sea Trucks Wins IMR Work in West Africa

Jascon 55 (Photo: Sea Trucks Group)

Netherlands-based Sea Trucks Group (STG) said it has secured a contract award from an oil major in West Africa. STG was awarded an inspection, maintenance and repair contract for anoil major in West Africa with commencement during Q4 2016


Sea Trucks Awarded Contract Offshore Ghana

Jascon 28 (Photo: Sea Trucks)

Sea Trucks Group said it has secured a contract award from Tullow Ghana Limited for the provision of a Construction Support Vessel (CSV) providing Accommodation and Heavy Lift services to the turret moored FPSO Kwame Nkrumahe, located in the Jubilee Unit Area, 60 km offshore Ghana.   


Topaz Secures Kazakhstan Contracts

Photo TOPAZ

Topaz Energy and Marine said it has secured contracts in connection with the development of the Tengiz oilfield in Kazakhstan during 2016. The two contract wins announced in the second and third quarter together represent revenue of more than $500 million


Toll to Build Two New Ships

Photo:  Toll Holdings Limited

Toll Group announced it is investing $170 million to build two new ships to support trade between Victoria and Tasmania and to meet the demands of continued growth.   The new, purpose-built ships, operating between Burnie, Tasmania and Melbourne, Victoria


General Atomics Battery for New Navy Submersible

General Atomics Electromagnetic Systems (GA-EMS) signed a contract with Lockheed Martin to provide Lithium-ion Fault Tolerant (LiFT) battery systems for use on U.S. Special Operations Command (USSOCOM) new Dry Combat Submersible (DCS), a long endurance delivery vehicle capable of transporting






 
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