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Monday, January 22, 2018

Offshore Contractors News

Emas Offshore CEO Capt. Adarash Kumar Resigns

Capt. Adarash Kumar. Photo: Emas Offshore

Singapore-based Emas Offshore announced that CEO and Executive Director Capt. Adarash Kumar has tendered his resignation and his last day of service will be on April 6, 2018. In a stock exchange filing, the operating brand for Ezra Holdings said that Kumar will continue in his duties and responsibilities pending the appointment of a suitable candidate in due course. He was appointed to the Board as Non-Independent, Non-Executive Director on 26 Aug 2014, and re-designated as an Executive Director on 1 May 2015. He was appointed CEO on 25 Sep 2015. Capt.

Technip Offshore Wins Pipeline Contract

Technip Offshore Contractors Inc., formerly Coflexip Stena Offshore Inc., a U.S. entity of Technip-Coflexip has been awarded by BP America Production Company the fabrication and installation of a deepwater subsea pipeline for their King West Development. The King West well is located in Mississippi Canyon Block 84 in the Gulf of Mexico. The planned field layout for this development consists of one subsea well located in MC 84, tied back to an existing in-line subsea tie-in base associated with the producing King Subsea Flowline System. The pipeline installation is scheduled for April 2003, utilizing Technip-Coflexip's ultra deepwater pipe laying vessel the CSO Deep Blue…

Stolt Offshore Announces Covenant Waiver Extension

Stolt Offshore S.A. has obtained an extension from December 15, 2003 until April 30, 2004 of the waiver of banking covenants. Stolt Offshore continues discussions with its lenders towards a long-term agreement. Stolt Offshore is a leading offshore contractor to the oil and gas industry, specialising in technologically sophisticated deepwater engineering, flowline and pipeline lay, construction, inspection and maintenance services. The Company operates in Europe, the Middle East, West Africa, Asia Pacific, and the Americas.

DMT Divers Heading to Mexico

Deep Marine Technology has reached an agreement with Horizon Offshore Contractors, Inc. to supply 14 diving personnel to perform Subsea Construction Support works off the Lone Star Horizon & Canyon Horizon Barges. Working in 130 ft. of water on the 20-in. pipeline for the Marsopa project in the Bay of Campeche, the scope of work for the diving personnel include support services of construction, directional drilling, burial, and hydrostatic testing.

UK North Sea Workers Give "Overwhelming" Support for Strike

Trade unions Unite and GMB said members working offshore in Britain's North Sea oil and gas industry had shown overwhelming support for industrial action in a consultative ballot which closed at 1200 GMT on Friday. Unite's members covered by the Offshore Contractors' Agreement delivered a 93.5 percent vote in favour of proceeding to a strike ballot, increasing the likelihood of North Sea strike action for the first time in a generation, the union said. GMB's members also voted "overwhelmingly" in favour of an official ballot for strike action over proposals from clients and contractors to change the terms and conditions of employment, GMB said. Reporting by Claire Milhench

Emas Reels in $32m Contract

Photo: Emas Offshore

Singapore-listed offshore firm EMAS Offshore Limited wins $32m of new business  has secured new awards and letter of intents for charters amounting to approximately US$32 million, including options. These new charters will see EMAS Offshore’s Anchor Handling Tug (AHT), Anchor Handling Tug and Supply (AHTS) and Platform Supply (PSV) vessels supporting National Oil companies (NOCs), International Oil companies (IOCs) and other offshore contractors on drilling operations and cargo supply runs for offshore oil field projects in their production phases.

Keppel Explores Sale of Jack-up Rigs to Borr Drilling

Photo: Keppel Corporation Limited

Singapore yard Keppel Corporation is considering a sale of jack-up rigs to Norwegian offshore drilling contractor Borr Drilling, reports The Business Times. The world’s biggest builder of oil rigs is seeking to offload six jack-up rigs for up to US$960 million to the Oslo-listed drilling firm headed by Tor Olav Trøim, said the report. BT also reported that Keppel Capital has already hooked up with structured finance provider Clifford Capital to potentially extend a sale-and-lease-back arrangement for at least one jack-up contracted by Grupo R.

Stolt Offshore Inks $135M Shell Deal

Norwegian offshore contractor Stolt Offshore was awarded a $135 million contract from Shell Petroleum Development Company in Nigeria for pipelay work. The contract, which has been awarded to a consortium of Stolt Offshore and DSNL, a subsidiary of the Adamac group of companies in Nigeria, is valued at $135 million to Stolt Offshore," it said in a statement. The contract for the pipelay is associated with the development of the Shell Offshore Gas Gathering System, which involves the the installation of two pipelines to link to the Bonga OGGS Riser Platform. A trunkline to connect to the Bonny Island Liquid Natural Gas plant will also be installed, it said. Pipelay operations will start in the third quarter of 2002.

EMAS AMC Secures $75 million SURF EPCI Statoil Contract

EMAS AMC, the subsea services division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry and the operating brand of Ezra Holdings Limited, announced today that it has been awarded a subsea engineering, procurement and offshore construction contract from Statoil for the Smørbukk South Extension’s project. The contract is valued at approximately $75 million. Discovered in 1985, the Smørbukk South Extension holds estimated recoverable reserves of 16.5 million barrels of oil equivalent, and will be developed with a new subsea template connected to existing infrastructure in the area.

Horizon Offshore Announces Pemex Contract

Horizon Offshore, Inc. S. de R.L. de C.V. and Horizon Offshore Contractors, Inc. Package 'J' pipelines of the KU-MALOOB-ZAAP project offshore Mexico. Bay of Campeche. and a DP2 vessel to perform the project. construction scheduled to begin in May 2006. KU-MALOOB-ZAAP project.

Horizon Receives Pemex Contract in Mexico

Horizon Offshore’s subsidiaries, HOC Offshore S. de R.L. de C.V. and Horizon Offshore Contractors, Inc. jointly received a letter of award for the KU-MALOOB-ZAAP project from Pemex Exploracion y Produccion. The project calls for installation, tie-in, and associated topside hookup works of four pipelines. Horizon will utilize its lay barge Lone Star Horizon on the project. Construction is scheduled to begin late in the third-quarter of 2005. “Despite having experienced economic difficulties during a period of lower demand for our services, we have maintained good relationships with all of our major customers, including Pemex,” said David Sharp, President and CEO of Horizon Offshore, Inc. successfully complete major construction projects.

Exxon Awards Horizon Offshore Contract

Horizon Offshore Contractors, Inc. has been awarded a contract for the installation of a portion of Exxon Pipeline Company's Hoover Offshore Oil Pipeline System (HOOPS). The 20-in. pipeline project includes a directionally drilled shore approach near Freeport, Texas, and pipelay to a depth of 35 ft. and the burial of approximately 67 miles of pipeline. The project will utilize three of Horizon's vessels. Cajun Horizon will be used for offshore directional drilling support, Lone Star Horizon for pipelay and Canyon Horizon for pipeline burial. Horizon has also formed an alliance with Cal Dive International in the Gulf of Mexico. The alliance…

EMAS AMC Partners with Cecon for Pipelay Work

Lewek Centurion (formerly Caesar) to install pipelines in support of existing Cecon projects. EMAS AMC, the subsea services division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and the operating brand of Ezra Holdings Limited, announced  that its pipelay vessel, the Lewek Centurion has been contracted by Cecon in the North Sea for some 60 kilometers of pipeline installation work, in support of Cecon’s 2013 project commitments currently in-hand. Both parties have expressed a shared commitment to explore further opportunities for cooperation in the future. The Lewek Centurion is a 146 meters long DP-2 deepwater S-lay vessel with a 405Te pipelay tension capacity and a 300Te crane.

Horizon Offshore Signs Contract in Northeast

Horizon Offshore, Inc. announced that its subsidiary Horizon Offshore Contractors, Inc. signed a contract with Algonquin Gas Transmission, LLC, an affiliate of Spectra Energy Corp., to lay and bury 16 miles of 24" trunk line, two 18" lateral lines, along with the associated tie-ins and testing of the pipelines. These pipelines will service the Northeast Gateway Deepwater Port being constructed offshore Massachusetts. The work is expected to commence in May 2007 with completion expected by November 2007. The Company will utilize three of its vessels to perform this project: the Lone Star Horizon, Atlantic Horizon and Texas Horizon. The company also said that its current backlog is approximately $300m.

Horizon Offshore Names New CEO, CFO

Horizon Offshore, Inc. elected David W. Financial Officer, as President and Chief Executive Officer. Mr. J. Lam in December, 2004. The Company also announced the promotion of Ronald D. Mogel, currently Vice President International Accounting and Tax of the Company's subsidiary Horizon Offshore Contractors, Inc., to Chief Financial Officer. The elections will be effective on April 30, 2005. Richard A. Sebastiao of RAS Management Advisors, Inc., a turnaround and management consulting firm, who functioned as the Company's Chief Restructuring Officer and principal executive officer since August 30, 2004, has resigned, also effective on April 30, 2005.

EMAS AMC Installs 50 Platforms for Chevron

EMAS AMC, the subsea services division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry has achieved the milestone of installing 50 platforms for Chevron in the Gulf of Thailand. Under a multiyear contract that commenced in 2011, EMAS AMC has also laid 376km of subsea pipes utilizing the construction vessel Lewek Champion, a DP2 rigid pipe laying vessel with heavy lift capabilities. Chevron has since extended the contract to 2015 with a further option thereafter. In 2014, EMAS AMC is expected to install 25 pipelines and 10 platforms of which 15 and seven, respectively, have already been completed. emas.com  

Horizon Offshore Contract

Horizon Offshore, Inc. announced that its subsidiary, Horizon Offshore Contractors, Inc., has been awarded a contract by Williams Oil Gathering, LLC to install 49.96 miles of 20-inch oil pipeline in the U.S. Gulf of Mexico for the Mountaineer Shallow Water Pipeline System, which is a part of the Devils Tower project being constructed by Williams. Horizon will utilize the pipelay barge Lone Star Horizon and lay/bury barge Pecos Horizon for this project, which will be installed in water depths ranging from 8 to 270 feet. The Mountaineer project is expected to commence installation during the fourth quarter of 2002 with completion scheduled during the first quarter of 2003.

Baltic Wind Success Paves Way for Ecosse Subsea Systems

Preparing the SCAR subsea plough for deployment.

Ecosse Subsea Systems (ESS) has completed a £4.7 million boulder clearing and pre-lay trenching project which it claims has been one of the most successful ever conducted for the wind energy sector. As subcontractor to Siem Offshore Contractors (SOC), the Banchory-based subsea specialist completed 86 boulder clearing passes followed by 172 first and multi-passes over a 90km route during a 13-week boulder clearing and trenching campaign on the EnBW Baltic 2 offshore wind farm project.

Agnes Candies to Work on Northeast Gateway Project

Deep Marine Technology, Inc. announces its Agnes Candies Saturation Vessel has gone to work for Horizon Offshore Contractors, Inc. on the Northeast Gateway Project. Working in Massachusetts Bay for a period of up to 120 days, the work scope for the vessel consists of the support of one, 24 in. pipeline and two, 18 in lateral pipelines including: Tie-ins, Testing, Dewatering, Drying. Some characteristics of the vessel include, 220 x 54 ft., 12 Man Saturation System, DP2, 40 Ton Knuckle Boom Crane Capabilities including the ability to perform: construction, installations, repairs, salvage and inspections.

NSRP Elects New Panel Chair

The National Shipbuilding Research Program's Business Process Technologies Panel elected Ken Clarke as its new Panel Chair, and Jim Rohr as returning Vice Chair, during its December 12, 2003 Panel Meeting held at the "Automation in Shipbuilding Conference" in New Orleans, Louisiana. Clarke is an employee of Northrop Grumman Newport News. He has held management positions at Newport News in Aircraft Carrier New Construction and Overhaul Nuclear Engineering, Waterfront Trades Administration, Submarine Overhaul Program Office, International Commercial Ship Marketing, Naval Business Technology Marketing, and Human Resources. His current position is Manager, Production Engineering and Program Manager for Industrial Products Sales at NGNN.

London Offshore Consultants Expands in Asia

Kenny Ong, Manager of LOC's new Vietnam office in the port of Vung Tau, which will formally begin operations in May 2013. Photo: LOC

London Offshore Consultants (LOC) announced further expansion in Asia Pacific with the opening of a new office in Vietnam. The new office in the port of Vung Tau, which will formally begin operations in May, will be managed by Kenny Ong, who is highly experienced in major offshore oil and gas projects across Asia, especially in Vietnam. The office will provide oil majors, contractors, underwriters, and other insurers operating in Vietnam’s oil and gas sectors with specialist consultancy services for planning, design and execution of complex, high-value marine and energy-based operations.

London Offshore Consultants Open Vietnam Office

Kenny Ong: Photo credit LOC

Marine and engineering consultancy, London Offshore Consultants (LOC) open new Vung Tau office managed by Kenny Ong. The new office will formally begin operations in May, managed by Kenny Ong, who is highly experienced in major offshore oil and gas projects across Asia, especially in Vietnam. The office will provide oil majors, contractors, underwriters, and other insurers operating in Vietnam’s oil and gas sectors with specialist consultancy services for planning, design and execution of complex, high-value marine and energy-based operations.

Heerema Signs LOI with Jurong Shipyard for Giant Crane Vessel

Heerema Marine Contractors: Heerema Group

Dutch offshore contractor Heerema Offshore Services has signed a letter of intent (LOI) with Sembcorp Marine’s Jurong Shipyard in Singapore for the construction of the world’s largest semi-submersible crane vessel (NSCV). The vessel will be equipped with two cranes, each with 10,000-tonne lifting capacity, designed and built by Netherlands-based Huisman Equipment. The cranes designed and under construction by Huisman Equipment, will provide heavy lifting capacity to install and remove offshore facilities and can also be utilized for the installation of subsea structures…

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

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