Dron & Dickson, a specialist in design, supply and maintenance of hazardous area electrical equipment, has secured £55million (over $89.7 million) in UK North Sea contract wins for the first half of 2011. During the last 6 months, the company has landed both new and extended contracts with oil majors such as Nexen Petroleum U.K Ltd, BP, Talisman Energy (UK) Limited and ConocoPhillips. Work has included the provision of electrical good to support maintenance of offshore assets and hazardous area inspection services to meet operational requirements in the North Sea. Dron & Dickson operations director Colin Maver said: “It’s been a really fantastic year so far, our most successful yet in terms of activity levels. We have secured a number of significant contract wins and have also seen a marked increase in work load from existing clients. “We have invested heavily in developing exceptional QHSE standards and a competency-assured workforce. We are also IRATA accredited and I believe that this has contributed significantly to the record levels of business we are winning."
Aker Verdal has been awarded a contract from Nexen Petroleum U.K. Limited for fabrication of the flare and bridges for its operated Buzzard field in Blocks 19/5, 19/10, 20/1 and 20/6 of the UK Sector of the North Sea. The contract was won by Aker Verdal through an international competitive bidding process, and is important to the yard in Verdal. The contract is for the construction, load-out and sea-fastening of one flare and two bridges
Stolt Offshore S.A. received Letters of Intent, valued at approximately $26 million for two contracts from Statoil ASA on its Norne Satellites Project in the Norwegian Sector of the North Sea. The Letters of Intent cover the installation of umbilicals between the Norne FPSO and the new satellite locations Stær and Svale, the installation of manifolds, the fabrication and installation of risers, water injection flowlines and flexible components as well as subsea tie-ins
Farstad Shipping achieved a cash flow of NOK 142.3 million in 3Q 2003 (NOK 145.1 million in 3Q 2002). The operating income was NOK 381.2 million (NOK 318.2 million) and the operating profit (EBIT) was 82.9 million (NOK 112.5 million). Five of the company's vessels have traded the spot market in the North Sea. Two other vessels have been upgraded and mobilized for long-term contracts and were therefore without revenue forpart of the period. In the Far
Offshore Solutions BV (OSBV), the joint venture between AMEC and Cofely Nederland NV, has signed a North Sea contract with Maersk Oil UK to provide marine access support to the floating production, storage and offloading (FPSO) unit Global Producer III. Located 185 miles north east of Aberdeen, Scotland, OSBV’s Offshore Access System (OAS) will support the shutdown operations for a minimum of 110 days, with options to extend.
The rising influence of Black Sea markets on world prices prompted Euronext to start working on developing futures contract that would allow price hedging in one of the world's largest export zones for the grain, it said on Friday. Production swings in the Black Sea and European Union have become the main drivers of world wheat prices to the detriment of Chicago futures as U.S. farmers increasingly turned to corn and soybean crops, analysts and traders said.
International oilfield service company Expro has been awarded a multi-million pound contract by Apache North Sea Ltd in the UK North Sea following completion of a competitive tender process. The contract, worth approximately $7.5m annually, mainly covers work on the Forties field. It sees Expro providing wireline services and establishing an alliance with another leading provider to deliver coiled tubing and pumping services for Apache.
Technip was awarded a full EPIC(1) contract by RWE Dea, for the Clipper South gas field development in the North Sea. The field is located 70 kilometers North-east of the Bacton gas terminal in 25 meters of water. The contract covers full project management, detailed pipeline design, installation and tie-in of a 15.5 kilometer 12" production line and 3" methanol piggyback line from the new Clipper South platform to the existing LOGGS (Lincolnshire Offshore Gas Gathering system)
Deep Sea Supply is pleased to announce multiple contract awards with an international major subsea contractor for a total duration of approximately 1000 vessel days. The three PSVs of PX105 design "Sea Spider", "Sea Springer" and "Sea Spark" have been awarded contracts for ten, ten and four months, respectively. The AHTS "Sea Lynx" has been awarded a contract to be performed in two phases; first phase 40 days and second phase 250 days
Norwegian oil major Statoil has awarded Samsung Heavy industries an $888 million contract for two platform decks on the giant Johan Sverdrup field in the North Sea, it said on Tuesday. The contract includes fabrication of decks for both the process and riser platforms for the Sverdrup field, a discovery with up to 3 billion barrels of oil equivalents that will cost as much as $28 billion to develop fully. "They (Samsung Heavy Industries) have provided a competitive bid in a
Algoma Central Corporation and Nova Marine Carriers SA today announced the creation of a new joint venture that will focus on short-sea dry-bulk shipping for global markets. This new joint venture, operating as NovaAlgoma Short-Sea Carriers, or NASC
In a collaborative project with Australian industry, the Royal Australian Navy is extending its use of simulation to electronic warfare training. A common electronic warfare sensor suite is planned across the future fleet and future electronic warfare sailors need to have the
German Defence Minister Ursula von der Leyen vowed on Friday to press a consortium led by Luerssen Werft of Bremen for a "fair contract" for five new warships, saying the group's initial bid was too high. "My goal is to get the contract started in this legislative period
Norway's Statoil on Monday played down concerns that drilling in the Arctic is risky, days before it kickstarts its drilling campaign in the Barents Sea, where the country believes around half of its remaining resources could be located.
China on Thursday pledged a firm response if Japan stirs up trouble in the South China Sea, after Reuters reported on a Japanese plan to send its largest warship to the disputed waters. The Izumo helicopter carrier, commissioned only two years ago, will make stops in Singapore, Indonesia
The National Air and Naval Service of Panama (Servicio Nacional Aeronaval - SENAN) has taken delivery of four Interceptor 1102 vessels from Damen Shipyards Group. The President of Panama, Juan Carlos Varela, performed the christening ceremonies of all four vessels on February 6, 2017.
KOTUG International and Seabulk Towing have been awarded a contract with Borco Towing Company to carry out all towage operations at their Buckeye Bahamas Hub in the Bahamas. The contract will be performed through a newly formed joint venture between KOTUG and Seabulk: Kotug Seabulk
Vittoria Shipyard, which is one of Italy’s main constructors of military and commercial boats, has laid down the challenge to the international tug market with orders from the Russian and Algerian governments for a total value of 15 million Euros.
The future USS Gerald R. Ford (CVN 78) is underway for its first set of sea trials, known as Builder's Sea Trials (BST). Builder's sea trials provide an opportunity to test systems, components and compartments at sea for the first time.
Oslo-listed offshore vessel owner Deep Sea Supply has secured two time charter contract extensions with BP Egypt. The PSVs Sea Spear and Sea Spark have been awarded a 1 year extension of their charter contracts with start from end of current firm period, in July 2017.
India's Essar Ports has won a contract to build the first liquefied natural gas (LNG) terminal in West Bengal under the Kolkata Port Trust (KoPT) at an investment of Rs 450 crore (USD 70 million). A Press Trust of India report said that the LNG project is expected to be
The future USS Gerald R. Ford (CVN 78) returned from Builder's Sea Trials to Naval Station Norfolk, Virginia on April 14 after seven days at sea. During this initial at-sea period, Ford's crew, representatives from Huntington Ingalls Industries-Newport News Shipbuilding
Surviving Australian veterans of the Battle of the Coral Sea will be flown to New York next month to commemorate the battle’s 75th anniversary. Staff Officer Heritage Research at the Sea Power Centre Lieutenant Commander Desmond Woods said Australian veterans of the battle were
There are a variety of jurisdictional lines in the water. The first line to be considered is the national boundary between two adjacent or nearby countries. Adjacent countries tend to draw agreed boundaries extending their shoreside boundaries, with accommodations for headlands, capes, etc
Viking Ocean Cruises and Fincantieri signed a memorandum of agreement for the construction of two additional cruise ships, with an option for another two. The new builds will be sister ships to the six already ordered and will enter Viking fleet in 2021 and 2022, respectively