Marine Link
Tuesday, January 23, 2018

Major Contract News

Aqueos Wins GoM Contract

(Photo: Aqueos Corporation)

Subsea services provider Aqueos Corporation said it has been awarded a major contract for a large pipeline installation project located in the Gulf of Mexico. Aqueos said the contract, which commenced in December 2017 and will be completed in the first half of 2018, will support shallow-water pipeline installations in water depths up to 100 feet. The work scope will utilize the Aqueos diving support vessel (DSV) SPLASH, with surface dive teams utilizing its jet propulsion and built in NITROX diving system. The project will be supported by Aqueos’ project management team based in Broussard, La.

Island Offshore Extends Contract with BP

Photo: Island Offshore

Island Offshore has been awarded a major contract extension with BP Exploration Operating Company Ltd. The two-year contract extension, covering 2014 and 2015, has been awarded to Island Offshore and the North Sea RLWI Alliance, which operates three monohull vessels specially designed for well intervention tasks. Island Offshore’s Island Constructor - a 120m long, 8,200 ton, Ulstein built X-Bow vessel – will perform the scope of work for the client. The value of the new contract is approximately $86.5 million (USD) and includes options for $129.8 million (USD).

Butterworth Award of Major Contract

Butterworth, Inc. announced that it has been awarded a major contract for an unspecified number of its Type LT series of tank cleaning machines from Fuijan Mawei Shipbuilding Limited in Fuzhou, China. The order is ultimately destined for 12 offshore supply vessels (OSV) being built for Tidewater Marine LLC of New Orleans, La. and an additional fuor OSVs for an unnamed client.  The contract is valued at over $400,000 and calls for regularly scheduled deliveries between now and December 2011.   (www.butterworth.com)

$70M Canadian Offshore Oil Contract Awarded

According to a Nov. 10 report from CBC News, A major contract has been awarded to start work on Newfoundland and Labrador's Hebron offshore oil project. U.S. construction company Peter Kiewit has won a $70m contract for engineering and site preparation. The work will be done at Bull Arm fabrication site in eastern Newfoundland. Kiewit is sharing the work with Aker Solutions, and Exxon Mobil is leading the consortium to develop Hebron. (Source: CBC News)

Schat-Harding Wins Queen Mary II lifesaving contract

Schat-Harding has won a major contract to supply the lifeboats, davits and fast rescue craft to the Cunard newbuilding cruiseship Queen Mary II, under construction at France's Chantiers de l'Atlantique shipyard. Schat-Harding will also supply full sets of lifesaving equipment to the two cruiseships building for Mediterranean Shipping Company at Chantiers.

Tata Steel Secures Gulf of Mexico Contract

Tata Steel has been awarded a major contract worth more than £100 million to provide pipe for Discovery Producer Services L.L.C. (Discovery) gas pipeline in Keathley Canyon, Gulf of Mexico. Discovery is a 60:40 joint venture between Williams Partners L.P. and DCP Midstream Partners L.P. The company will supply Discovery’s Keathley Canyon ConnectorTM with 214 miles (345km) of 20-inch diameter submerged arc welded linepipe, weighing more than 110,000 metric tonnes. The pipe will be manufactured at Tata Steel’s 42-inch mill in Hartlepool, England.

SapuraCrest, Ramunia Awarded Contracts

Two oil and gas players, SapuraCrest Petroleum Bhd and Ramunia Holdings Bhd, announced major contracts related to the industry worth $120 million and $24 million respectively. SapuraCrest said its 51%-owned unit Tioman Drilling Co Sdn Bhd had been awarded a contract from Carigali-Triton Operating Co Sdn Bhd (CTOC) for the provision of two drilling units– Teknik Berkat and a new mobile drilling vessel, known as T-10 – to CTOC. Tioman is a joint venture between SapuraCrest and Norway's Smedvig group. SapuraCrest, through its 51%-owned subsidiary Crest Tender Rigs Pte Ltd, has awarded a contract worth $48.8 million to Malaysia Marine and Heavy Engineering Sdn Bhd to construct T-10.

Caspian Sea Shipyard Wins BP Exploration SCV Contract

File photo

Keppel supported Baku Shipyard has won a first major contract from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design and build a Subsea Construction Vessel (SCV). The contract is worth US$378-million, say the shipyard. When completed, the SCV will be deployed for the Stage 2 development of the Shah Deniz field, which lies some 70 kilometres offshore in the Azerbaijan sector of the Caspian Sea. The Shah Deniz Stage 2 project requires a subsea installation vessel to install the subsea structures over 11 years between 2017 and 2027.

WSS Wins Contract with KOTC

Wilhelmsen Ships Service (WSS) Kuwait has recently won a major contract to provide support to the Kuwait Oil Tanker Company (KOTC). KOTC is a subsidiary of Kuwait Petroleum Corporation (KPC), which is the holding company integrating KOC, KNPC, KOTC and PIC under government control. It currently owns and operates 25 vessels which include crude, product, LPG and bunker carriers. Since KPC was established in 1980, KOTC assumed responsibility for transportation of its cargos between Europe, West Africa and Far East with Kuwait being the home port. The UAE ports of Fujairah and Ras Al Khaimah are the major husbandry ports for KOTC and apart from spares delivery; their vessels perform repairs, crew change, take provisions and provide Cash to Master.

Wilhelmsen Liferaft Exchange Contract with MMS Co.

Image courtesy Wilhelmsen Ships Service

Wilhelmsen Ships Service won a major contract to supply its Unitor brand of around 200 life rafts to 47 vessels of the MMS fleet. The life rafts are being supplied to the Japan-based company as part of Wilhelmsen Ships Service’s Liferaft Exchange Programme. The liferaft exchange programme, a system of exchanging service-due life rafts on the dockside to avoid the delays of servicing, has grown rapidly in popularity across the globe. The agreement with MMS is the latest in a series…

Walney 2 Success for Fendercare Marine Diving

Photo cortesy Fendercare

Fendercare Marine’s recently established diving division has picked up it’s first major contract, extending the group’s profile within the offshore renewables sector. Fendercare Marine was contracted by the Dutch-based Visser & Smit Marine Contracting (VSMC) for a multi-million Euro sum, to insert a messenger cable into each of 51 wind turbines for Dong’s Walney 2 development off the Barrow-in-Furness coast. The work has taken place over 85 days of the summer months and has involved the supply of a DPII vessel, a fitted Ampelmann personnel transfer system  nd ROVs to carry out the work.

MH Wins BP Contract

The Aker Kvaerner subsidiary, Maritime Hydraulics AS (MH) in Kristiansand, Norway signed a contract with BP for the delivery of another two complete drilling installations for the ACG Phase 2-project in the Caspian Sea. The contract is worth NOK 250-300 million. The contract was won in international competition. Thunder Horse in the Gulf of Mexico and the ACG Phase 1-project in the Caspian Sea. respectively. of training and service follow-up in Baku, Azerbaijan. BP's drilling operations in the Caspian Sea will entail long term agreements that are very appealing to MH.

Indonesian Offshore Contract for Veripos

Aberdeen-based Veripos has been awarded a major contract by PT Pageo Utama of Jakarta for provision of GNSS precise positioning facilities in support of two three-year regional survey and navigation service projects being carried out by the Indonesian company on behalf of BP West Java and CNOOC South East Sumatra. The contract for the two projects also covers supply by Veripos of integrated demodulator and GNSS receivers in addition to associated proprietary QC software to ensure seamless high-precision sub-metre positioning for survey and general offshore operations. Award of the contract marks a further stage in the growth of Veripos’s positioning operations throughout South East Asia, according to Raymond Wong, Regional Manager of its Asia Pacific Region in Singapore.

Grandweld Wins Contract for Salvage Tugs

Grandweld, a United Arab Emirates-based shipbuilding, ship repair and conversion specialist, has secured a major contract worth $128m for the construction of three new Salvage Tugs for Sogeport-GICEP of Algeria. Grandweld is a division of GMMOS Group, a provider of marine services to the offshore oil & gas industry backed by Abraaj Capital and Waha Capital. "This contract for three 58m Salvage Tugs is yet another achievement for Grandweld and has helped us maintain a strong and healthy order book into 2012,"said Jamal Abki, General Manager of Grandweld. Contracts have been signed with the ports of Algiers, Arzew and Skikda for the three vessels intended for sea search-and-rescue operations in co-operation with the Algerian Coast Guard.

STN Atlas Wins Contract for German Corvettes

Lürssen, and Nordseewerke. installation of cabling. degaussing for magnetic self-protection. continuing availability. The first of the 292-ft. commissioning in 2007.

BW Ventures to Acquire OceanSaver

BW Ventures and Investinor AS have made an agreement to acquire OceanSaver, a ballast water management (BWM) system provider. This move strengthens OceanSaver’s expansion strategy and roll out of its current $67m BWM order book.  The sale will be finalized following approval by the Norwegian competition authorities and the completion of some due diligence issues with the new owners. OceanSaver had major contracts for 22 BWM systems for tanker vessels in 2010. These contracts came in addition to ten BWM systems previously committed by Höegh Fleet Services. The company has been developing its BWM systems since 2003 and winning significant contracts following its full Type Approval Certification by the world’s leading classification company, DNV, in April 2009.  

SBM Offshore Raises Net Income Expectations

SBM Offshore N.V. announced that it has raised its 2006 net income expectations from the $165m originally forecast in January of this year to $185m. • net interest expense will be lower than expected, mainly due to accelerated cashflow compared to budget, prepayment of certain project loans and negotiation of reduced margins on other facilities. The Company will provide a more detailed update of full year expectations at the time of publication of its half-year results.

Radio Holland Secures FLNG Contract for Keppel

Photo: Radio Holland

Radio Holland, member of RH Marine Group, was awarded a FLNG project from Keppel Shipyard in Singapore. The contract encompasses an Offshore Telecommunication System package for the Golar Hilli LNG carrier, which is being converted into a Floating Liquefied Natural Gas (FLNG) unit. The contract was officially signed in Singapore following a tender procedure that started in November 2014. René ten Brinke, CEO RH Marine Group, commented: “We are very pleased to be working on such a major contract and have been working closely with Keppel Shipyard since the bidding stage started in November 2014.

Saudi Aramco Awards First Contract for Planned Shipyard Complex

Saudi Aramco said it has awarded the first major contract in the planned construction of a $5.2 billion shipyard complex designed to reduce Saudi Arabia's dependence on oil exports. The national oil company said on Tuesday it awarded the contract for dredging, reclamation and marine structures to a consortium comprising Saudi Archirodon Co and Huta Hegerfeld AG Saudia Co. Aramco, which is leading construction of the shipyard, did not reveal the value of the contract but said it would be completed by 2020. Among other things, it includes building 4,500 metres of concrete quay walls and wharves, as well as breakwaters, at Ras Al Khair on the east coast.     (Reporting by Andrew Torchia)

Kongsberg Selected for Sverdrup Field Development

Photo courtesy of KM

Kongsberg Maritime AS has been awarded a Project Specific Agreement including FEED for delivery of Safety and Automation (SAS) systems to the four Johan Sverdrup field platforms by Statoil Petroleum AS. The Project Specific Agreement includes an option for delivery of Safety and Automation Equipment including detail engineering services and commissioning services. The agreement is subject to Statoil final investment decision. The deliveries will be based on Kongsberg Maritime’s proven core SAS technology for Process Control…

Bardex Supplies Total’s USAN FPSO

Bardex Corporation, with headquarters in Goleta, California, has signed a major contract with Hyundai Heavy Industries of Korea to design, manufacture and supply a mooring system for use on Total's USAN FPSO destined for operation offshore Nigeria. The USAN field is located 62 miles south east of Bonny Island and the FPSO, which will be moored in 2,460 ft water depth, will be operated by Elf Petroleum Nigeria. The specially designed mooring system includes sixteen BarLatch fairlead stoppers sized to hold the 1,770 tonnes break strength of the system's 147 mm R3 studless chain, four moveable linear chain jacks rated for a stall pull of 382 tonnes, two 255 tonnes pull-in messenger winches and two hydraulic power units each of which can provide up to 480 kW.

EFC Delivers Equipment to Chinese Shipyard

EFC Group has completed a $2.2million contract to design and build a BOP and diverter control system for China-based Dalian Shipbuilding Industry Offshore Co (DSIC Offshore). The system is installed onboard DSIC’s newbuild jack-up drilling rig, JU2000E-13 for drilling contractor Apexindo, where it will be known as Tasha. Bob Will, CEO at EFC Group, said, “This is a major contract for EFC, continuing our growth plan to become world class leader in control systems for both rig upgrades and new builds alike. It is also a significant project that’s been supported by our manufacturing base in Forres which gives us the additional capacity required to undertake projects of this scale. Will added, “EFC aims for this to be the start of a strong relationship with DSIC.

Vinashin to Build Vessels for Israel

The Vietnam Shipbuilding Industry Corp. (Vinashin) and its subsidiary, the Ha Long Shipbuilding Plant, signed Tuesday a $1b deal to build eight vessels to carry autos for Israel. Israeli Ray Car Carried Limited Company has ordered the deal. The vessels, designed by Italian Naval Progetti company, are measured 185.6m long, 32.26m wide, and 36.56m high each. The Ha Long plant plans to launch the first vessel by September 2008. Vinashin has inked a number of major contracts to build vessels for various customers of Japan, the Republic of Korea, Europe and America. Another Vinashin affiliate in the port city of Hai Phong won in March a $2 million contract to outfit five cruise ships owned by Raon Group of the Czech Republic…

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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