Marine Link
Tuesday, October 17, 2017

Norwegian Offshore

PSV 'Skandi Caledonia' Hire Extended, Rate Increased

Photo courtesy of DOF

Three more years North Sea hire for DOP platform supply vessel 'Skandi Caledonia' Norwegian offshore vessel owner DOF has secured a three-year contract extension with Danish operator Maersk Oil for its platform supply vessel Skandi Caledonia for work in the UK North Sea sector. The three-year option now exercised from October this year replaces an earlier one-year option, with the dayrate for the new period  - which was not disclosed - set to increase 25%. The vessel has been working for Maersk since delivery in 2003.

Raytheon Anschütz 10,000th Standard 22 Gyro

Gyro Compass Production.JPG

The German navigation system supplier Raytheon Anschütz has delivered its 10,000th Standard 22 Gyro Compass, making the Standard 22 the world’s most popular gyro compass of all times.   As the company announces during an official hand-over ceremony at Nor-Shipping 2011, the jubilee compass has been installed on board of the innovative Platform Supply Vessel “REM MIST” at Ulstein Verft.

DOF Bags Contracts from Asco and Eni

Photo: DOF ASA

 Norwegian offshore vessel owner DOF has been awarded charter contracts for a platform supply vessel (PSV) and an anchor handling tug supply vessel (AHTS).   DOF said on Wednesday that the company won a two-year firm contract plus options with Asco Marine for the Skandi Aukra PSV.   In addition, Eni Norge awarded DOF with a 13-month call-off contract, with a minimum 60 days firm agreement for the AHTS Skandi Iceman.  

Songa Offshore: Fleet Disposition Update

Songa Venus: Image Songa

Norwegian offshore rig owners, Songa Offshore, releases its May 2014 fleet update as follows: Songa Dee achieved an operational efficiency of 100% and an earnings efficiency of 99% during the month working for Statoil in Norway. Songa Delta achieved an operational efficiency of 100% and an earnings efficiency of 100% working for Statoil in Norway. Songa Trym achieved an operational efficiency of 95% and an earnings efficiency of 94% during the month working for Statoil in

2 Well-intervention Vessels to Feature MacGregor's Access Equipment

well-intervention vessel

  MacGregor, part of Cargotec, has secured a contract from German shipyard Flensburger Schiffbau Gesellschaft (FSG) for the complete delivery of remotely operated vehicle (ROV) access doors and hatches for two well-intervention vessels (WIVs). The WIVs are destined for service with the Norwegian offshore operator, Siem Offshore. The order was booked into the second quarter 2014 order intake.   "MacGregor has a strong position in the market to provide a broad spectrum of

Huisman Opens New Office in Norway

Bergen

Huisman, a worldwide specialist in lifting, drilling and subsea solutions, recently opened up a new office in Bergen, Norway: Huisman Norge AS. The new representational office is a 100% subsidiary of Huisman and is set up to meet the increasing demand within the Norwegian offshore market. This is the first Huisman office in Scandinavia. Huisman is a globally operating company with history in design and manufacturing of heavy construction equipment for world's leading on and offshore

Wilh. Wilhelmsen Takes Stake in NorSea

Wilh. Wilhelmsen Holding Invest AS (WWHI) has signed an agreement to acquire 35.4% of the shares in NorSea Group AS (NSG) NSG is the leading supplier of base services and integrated logistics systems to the Norwegian oil and gas industry. Through its fully and partly owned entities NSG operates ten strategically located supply bases along the coast of Norway, including NorSea (Stavanger), Stordbase (Stord), Coast Center Base (Bergen), Vestbase (Kristiansund)

NAVTOR Signs E-Navigation Agreement with DOF

navtor.jpg

E-navigation specialist NAVTOR has signed a landmark fleet agreement with DOF Management, the owner and operator of 78 advanced offshore service vessels. The deal will see NAVTOR’s innovative and user-friendly ENC service rolling out across DOF’s high-end CSVs, PSVs and AHTS vessels [Construction Support Vessels (CSVs), Platform Support Vessels (PSVs) and Anchor Handling Tug Supply Vessels (AHTS)], which operate in all key oil and gas regions worldwide.

LR Class New Brazil-bound Damen PSV's

World Diamond: Photo courtesy of Lloyds Register

'World Diamond', the first of a series of six uniquely designed platform supply vessels (PSV), was christened recently by the ship’s godmother, Princess Margareta of Romania, at Damen Shipyards’ Galati in Romania. Each of these PSVs is classed by Lloyd’s Register and is of 3,300 dwt with a breadth of 16.2 metres and draught of 6.5 metres. The remaining five PSVs will be delivered to their owner, Norwegian offshore support company, World Wide Supply AS (WWS), later this year

Harding Inks Deals with Three Industry Giants

The signing (Credit Harding)

In the past few weeks, Harding, an international supplier of maritime safety equipment, has signed three framework agreements with Statoil, Petrobras and A.P. Møller Mærsk. "This shows that our global strategy of being a complete supplier of both equipment and services was the right strategy for the company," said Styrk Bekkenes, CEO of Harding. Statoil is Harding's biggest client on the Norwegian continental shelf, with over 120 lifeboat systems in operation

Borr Drilling Aims to Expand Fleet, Keep Costs Low

Borr Drilling, the Norwegian drilling start-up, which listed on the Oslo exchange on Wednesday, said it aimed to expand its fleet, taking advantage of its low cost base. The start-up, launched last year and backed by the world's biggest oil service firm Schlumberger, said it aimed to have the lowest cash break-even costs in the industry and would take advantage of current low prices for rigs. "We have no debt

Transocean to Buy Songa Offshore

(File photo: Songa Offshore)

About 77 pct of Songa shareholders have so far accepted deal.   Transocean, one of the world's biggest drilling rig operators, has agreed a deal to buy Norwegian competitor Songa Offshore for 9.1 billion Norwegian crowns ($1.1 bln), the two companies said on Tuesday.   The deal, which would be mostly paid for in shares and convertible bonds, would strengthen Transocean's position in offshore drilling as Songa is Norwegian oil major Statoil's largest drilling service provider.

Activists Protest near Oil Rig in Norway's Arctic Sea Area

Environmental activists protested on Friday near an offshore rig contracted by Statoil in the remote Norwegian Arctic, where the firm is looking for oil and gas deposits.   The Nordic country wants to open up northern areas for exploration to offset declining production in the south. Oil and gas production is Norway's leading industry, accounting for 20 percent of its economy.   From the Greenpeace Arctic Sunrise ship

GC Rieber Gets Extension for 'Polar Onyx'

Polar Onyx. Photo: GC Rieber

 Norwegian offshore shipowner GC Rieber Shipping has entered into an agreement to extend the fixed contract period for "Polar Onyx," according to a press release.   The agreement secures the ship until the end of August 2017.  It had won the initial contract for the vessel in early March. At the time, the company said that the charter would see the vessel continue operating in West Africa.  

Rolls-Royce Inks Service Deal with Siem Offshore, Subsea 7

Photo: Rolls-Royce

Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce. The agreement covers a total of 74 offshore vessels. This is the first agreement the two Siem owned companies have signed with the same service provider.   Under the agreement, Rolls-Royce will maintain and service all of the equipment it has delivered to the two companies’ offshore vessels.   At present, aftermarket services account for roughly 40 percent of Rolls-Royce

Global Maritime Appoints Indonesia Country Manager

Oliver Stettner (Photo: Global Maritime)

Global Maritime, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has appointed Oliver Stettner as Country Manager for Indonesia. Stettner will be tasked with growing Global Maritime’s Indonesian business as well as spearheading the company’s renewables efforts across the Asia Pacific.   Stettner is an engineer who has extensive experience in hydrodynamic and structural analysis and marine warranty surveying

Statoil, AET Expand Shuttle Tankers Contract

The shuttle tanker Eagle Barents currently on charter for Statoil from AET. (Photo: Statoil)

Statoil ASA and petroleum and chemical tanker owners and operator AET are extending their partnership in the North Sea shuttle tanker sector. Statoil has, awarded a long-term contract to AET, a subsidiary of Malaysian energy shipping group, MISC Berhad, to operate two specialist DP2 offshore loading shuttle tankers (OLSTs) on long-term charter. These new vessels will be in addition to the two AET DP2 ships currently on charter, in the same area, for Statoil.  

Norwegians to Finance Vessel Retrofits

Olav Einar Rygg, Export Credit Norway’s director of lending for the ocean industries (Photo: Export Credit Norway)

Following the International Maritime Organization (IMO) ratifications of the ballast water and exhaust gas treaties, government-owned Export Credit Norway offers financing to international vessel owners who purchase retrofit equipment from Norwegian suppliers.    The Norwegian export credit agency Export Credit Norway has assembled a specialized team and tailor-made financing solution to support vessel owners who need to retrofit equipment such as gas exhaust cleaning systems

Solstad CSV Serviced ahead of Australian Deployment

Normand Reach (Photo: Gibdock)

Gibraltar shipyard Gibdock said a surge in offshore vessel repair and maintenance work has included a special project for Norwegian offshore vessel owner and operator Solstad, to ensure that Normand Reach meets the hull cleanliness standards set by Australia’s National Biofouling Management Guidelines for commercial vessels.   The 120.85-meter-long Solstad CSV entered the yard for a special wash and brush up on its way to Western Australia

Norway's Solstad Offshore, Farstad Shipping and Deep Sea Supply Agree Merger

Photo: Solstad Offshore ASA

 Norwegian OSV companies Solstad Offshore, Farstad Shipping and Deep Sea Supply have signed off on merger plans first announced on February 6, 2017.   The statutory merger plans have been approved and signed by the boards of Solstad, Farstad, DESSC and Solstad’s relevant subsidiaries, into which Farstad and DESSC will be merged.     Deep Sea Supply and Farstad Shipping will merge into and be established as individual subsidiaries under Solstad Offshore

Norwegian OSV Operators in Blockbuster Merger

File Image: A Farstad OSV (CREDIT: Farstad)

Debt-laden Farstad Shipping gets lifeline; billionaires Fredriksen and Roekke join forces.   Hit by the oil industry recession, Norwegian offshore service vessel (OSV) operators Farstad Shipping, Deep Sea Supply and Solstad Offshore announced plans to merge on Monday to counter the downturn.   Under the deal Farstad is to complete a financial restructuring via a debt-for-equity swap and new share issue, and will then be merged with Deep Sea Supply and Solstad Offshore

DOF Wins Petrobras Contract

Photo: DOF ASA

 Norwegian offshore service company DOF has been awarded a charter contract by Brazilian energy major Petrobras for its pipe-laying support vessel Skandi Vitória.   The contract will commence in January for 532 days. The vessel is owned through a joint venture with Technip.    Skandi Vitoria is the first pipe-lay vessel built in Brazil, equipped with vertical and horizontal pipe-lay systems, a 250 mt crane and 2 ROVs

Norway Appeals Court Clears Transocean in Tax-evasion Case

Offshore rig firm Transocean was cleared of accusations of tax evasion in a civilian case brought by the Norwegian state, a Norwegian appeals court said in a verdict on Monday.   By reversing the verdict made by a lower court, Transocean avoided claims of about 400 million Norwegian crowns ($47 million) to the Norwegian tax authorities.   In January, Norwegian police said they had dropped a planned appeal in a criminal case against Transocean declaring that the company and its

Dong Takes Solstad CSVs

REM Installer. Photo: Solstad Offshore

 Norwegian offshore vessel owner Solstad Offshore has entered into contracts with Dong Energy Wind Power for two of its construction support vessels (CSVs).   The first contract will see the CSV Rem Installer work for Dong Energy for a period of 23 months firm with a further six months option.   A second Solstad vessel will start working for Dong in April 2018 for a seven-month period, with an option for an additional eight months.  

Hoover Ferguson acquires Uniteam business

Logo

Hoover Ferguson Group (Hoover Ferguson), the global leader in container, workspace and packaging solutions for the energy and petrochemical industries and general industrial enterprises, has acquired the rights and obligations of Uniteam Holding AS’s (Uniteam’s) offshore container rental business.   The transaction, which includes a specified fleet of standard and customized offshore containers in Norway and Malaysia

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News