Experience Counts in the Arctic
Edison Chouest’s Fairweather, LLC lessens Arctic risk while increasing efficiencies in a challenging environment. As interest in offshore commerce in the Arctic increases, key components of any successful operation in this theatre include logistics, assets, and of course, a healthy dose of experience while operating in cold weather environments. To that end, Fairweather LLC’s Arctic operations include the Deadhorse Aviation Center (DAC). Strategically located at Prudhoe Bay, DAC provides oil companies and their suppliers with an aviation command center to manage both onshore operations and Outer Continental Shelf (OCS) exploration and production activities on the Arctic Ocean and Beaufort Sea.
Brazilians Sign Charters for Three Semi-submersible Rigs
Queiroz Galvão Óleo e Gás (QGOG) partners with Sete Brasil in charter agreements for 3 drilling rigs. QGOG, the largest Brazilian provider of drilling and production services, announce that, in partnership with Sete Brasil, they have signed a charter and services agreement for three semi-submersible ultra-deep water drilling rigs, named Urca, Bracuhy and Mangaratiba. QGOG will operate the rigs and QGOG Constellation, through one of its subsidiaries, holds a 15% equity stake in each rig. The drilling rigs will be built at the BrasFels shipyard in Angra dos Reis, Rio de Janeiro, Brazil with local content above 55%. They are expected to begin operating in 2016, 2018 and 2019, respectively and are part of the package of 21 drilling rigs negotiated between Sete Brasil and Petrobras.
Horizon Lines Expands Board of Directors
Board to expand to eleven from eight; seven New Board Members Join Four Existing Directors; Four Directors Retire. Horizon Lines, a domestic ocean shipping company, today announced that it will expand its Board of Directors to 11 members from eight, effective November 25, 2011. In conjunction with the expansion, seven new directors will be appointed and four of the existing eight directors will retire. • Jeffrey A. Brodsky, Kurt M. Cellar, Carol B. Hallett, James LaChance, Steven L. Rubin, Martin Tuchman and David N. Weinstein will join the board as independent directors.
