Horizon Offshore Announces Award of PEMEX Contract
Horizon Offshore, Inc. announced that it has been awarded PEMEX Contract for the construction of 24 km of 8" pipeline and associated platform piping from KIX-1 to Pump Platform PR-1. The lay barge, Lone Star Horizon, and diving support vessel, Pearl Horizon, will be utilized on the project. Construction is scheduled to begin late in the third quarter of 2002. "Our continued presence in Mexico has strengthened Horizon's position and enabled us to secure additional projects such as KIX. We have enjoyed our continuing relationship with PEMEX and are very excited about this award," said Bill Lam, President and CEO of Horizon Offshore.
Cal Dive Cuts Losses In Q4 2013
Houston-based Cal Dive International, Inc. generated a loss for the fourth quarter 2013 of $0.5 million, or $0.01 per diluted share, which compared with a loss in the fourth quarter of the previous year of $19.1 million, or $0.21 per diluted share. “As expected the fourth quarter was our best quarter of the year due to the ramp up in offshore work in Mexico. This increase was partially offset by harsh winter weather conditions throughout the Gulf of Mexico and lower domestic activity in part due to the re-positioning of certain assets to Mexico.
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.
Global Awarded PEMEX Contract
Global Industries, Ltd. said that subsidiary Global Offshore Mexico S. de R.L. de C.V. received a letter of intent from PEMEX Exploration & Production to install three 20-inch diameter pipelines and nine 12-inch diameter pipelines as part of the EPC-77 Project in the Cantarell Field. The field is located in Mexico's Bay of Campeche. The Project is valued at approximately $100 million and scheduled to be completed by the end of the first quarter 2005. William J. Doré, Chairman and CEO, stated, "The project will utilize our vessels Hercules, Shawnee, and Pioneer. This award reflects the significant level of project activity in the Bay of Campeche."
OIS Tapped for Diamond Voyager Upgrade Project
Diamond Offshore Drilling, Inc. has selected Mobile based Offshore-Inland Marine & Oilfield Services (OIS) to perform upgrades and modifications to the Ocean Voyager. The rig recently arrived at Mobile Middle Bay Port for upgrade work related to the Voyagers’ upcoming Pemex contract period. Fabrication and installation of high-pressure mud piping, Fabrication and installation of four new, Potable Water Tanks and pumping system, Under-deck blasting/painting, Helideck blasting/painting/marking, Accommodations refurbishment, Installation of a Mud Gas Separator, Fabrication and installation related to a, 12-man accommodation unit, Fabrication and installation related to AC…
EMGS - Vessel Update and Activity for 2Q 2014
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines "vessel utilisation" as the percentage of the vessel charter period spent on contracted or multi-client data acquisition. Vessel utilisation for the second quarter 2014 came in at 75% compared with 78% for the second quarter 2013. In the second quarter this year, the Company's vessels were allocated 38% to contract and 37% tomulti-client programmes…
Strategic Marines to open Mexican Yard
Strategic Marine reported that it will open its first shipyard in the Americas in early 2008 following a joint venture bid with Servicios Navales E Industriales S.A. DE C.V. (SENI) to build two 52m aluminum crew boats for Arrendadora Ocean Mexicana S.A. de CV (Blue Marine Offshore) in Mexico. Strategic Marine already operates yards at its Henderson headquarters in Western Australia, Tuas in Singapore and Dong Xuyen Industrial Zone, Ba-Ria Vung Tau in southern Vietnam. The $11.9m contract will see the two vessels operated by Blue Marine Offshore for its Pemex contract in the Gulf of Mexico. Work on the contract is scheduled to commence this year, before which Strategic will work with SENI to upgrade its existing maintenance facility at Mazatlan on the Mexican west coast.
J. Ray McDermott Contract for Wellhead Platform
Houston-based J. Ray McDermott (J. Ray), a subsidiary of McDermott International, Inc., announced the award of a contract by PEMEX Exploración y Producción for completion engineering, procurement, construction, load-out and sea fastening of the Kuil-A wellhead platform. The platform is located in the Kuil field in the Bay of Campeche, within the PEMEX Southwest Marine Region. “This new construction contract with PEMEX reinforces J. Ray's strength in the conventional shallow water platform sector of the offshore oil and gas industry in the Gulf of Mexico," said Steve Johnson, J. Ray’s President and Chief Executive Officer. “We have performed previous work for PEMEX from our Altamira facility since it opened for business in 2008.
Mexican Offshore Rig Accident Kills 2 Workers
Mexican oil company Pemex said an accident on Tuesday has left an offshore maintenance rig in the southern Bay of Campeche listing, killing two workers, but has not affected crude production. Pemex said the Troll Solution rig, which was contracted to operate in Pemex's Abkatun-Pol-Chuc shallow water oil field, was positioning itself to carry out maintenance on wells linked to the Caan Alf platform. It earlier reported that two workers had suffered minor injuries. "The accident on the Troll Solution platform does not affect production because it is a mobile platform dedicated to well maintenance," Pemex said in a Tweet. Photos circulated on social media showed dark streaks in the water stretching a few hundred meters (yards) from what appeared to be the platform, which was tilting steeply.
Foster Wheeler Awarded Contracts By Pemex For Mexico Refineries
Foster Wheeler AG (Nasdaq:FWLT) announced today that subsidiaries of its Global Engineering and Construction Group, together with a joint venture partner for the project, Altair Strickland LLC, have been awarded contracts by Pemex Refinación (“Pemex”) for the engineering, design, procurement, construction, commissioning, and start-up of slide valve systems on the Foster Wheeler delayed coker units at two refineries in Mexico: the Hector R. Lara Sosa Refinery located in Cadereyta, Nueva Leon, and the Francisco I. Madero refinery in Ciudad Madero, Tamaulipas.
EMGS Bags PEMEX Contract
Electromagnetic Geoservices ASA (EMGS) has received a letter from PEMEX to return for 3D EM acquisition in Mexico. The vessel BOA Galatea is expected to re-start the work for PEMEX. The order is confirming a continuation of the existing contract for PEMEX, announced on 27 June 2013. "We are delighted to start working for PEMEX again in this exciting region," said Bjarte Bruheim, CEO of EMGS. The duration of the acquisition is not settled. Further information will be announced in due course.
Pemex Resumes Light Crude Sales to U.S. West Coast
Mexico's Pemex has quietly begun shipping light Isthmus crude to a variety of West Coast refiners this year, according to U.S. and Reuters data, resuming such sales after a six-year hiatus. The state-run oil company, which exported only about 100,000 barrels per day (bpd) of Isthmus last year, shipped about 340,000 barrels of the crude to Valero Energy Corp at Benicia, California, in January and February, according to U.S. government data. It sent another 350,000 barrels (48,000 tonnes) to Tesoro Corp in San Francisco in March, according to Eikon's trade flow database based on PIERS data. Pemex then exported another 150,000 barrels to Shell Trading at Anacortes, Washington, in May from the Salina Cruz terminal.
Saipem Bags $750m E&C Contracts in Gulf of Mexico
Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million. Pemex has awarded Saipem an EPCI contract for the development of the Lakach field, located 98 km southeast of Veracruz and 131 km northwest of Coatzacoalcos, at a water depth varying between 850 and 1,200 metres. The scope of work of the contract involves the engineering, procurement, construction and installation of the system connecting the offshore field with the onshore gas conditioning plant.
BHP Billiton, Pemex sign Trion Contract
BHP Billiton has advanced its exploration and production interests in the Gulf of Mexico by executing a contract with PEMEX Exploration & Production Mexico (Pemex) to complete work on the significant Trion discovery in Mexico. In December 2016, BHP Billiton successfully bid on the resource that, once fully appraised, is expected to be in the top 10 fields discovered in the Gulf of Mexico in the last decade. The agreement includes a commitment to deliver a Minimum Work Program, which consists of drilling one appraisal well, one exploration well and the acquisition of additional seismic data.
Offshore Automation Contract for ABB
ABB wins four-year $16 million automation services contract renewal for PEMEX in Mexico. ABB wins an order worth $16 million for the renewal of a lifecycle service contract to maintain and upgrade automation equipment installed on sixteen offshore production platforms in PEMEX’s Cantarell and Ku-Maloob-Zaap Oil Fields. Cantarell and Ku-Maloob-Zaap are the largest and most productive oil fields in Mexico, located in the Bay of Campeche, about 100 kilometers northwest of Ciudad del Carmen, Mexico. Collectively they produce over 1.3 million barrels of crude oil per day. The contract includes services, upgrades, technical assistance, training and spare parts supply for the Distributed Control Systems (DCS)…
Lockheed Martin Wins $25M Crewboat Contract
Lockheed Martin won a contract valued at more than $25 million to perform detailed design, construction, test and delivery of two Small Waterplane Area Twin Hull (SWATH) crew transport vessels that will provide service to Mexico’s national oil company, PEMEX. The Lockheed Martin design is based on its SLICE Small Waterplane Area hull form. The contract, awarded to Lockheed Martin by Hoteleria y Servicios Petroleros, S. A. de C.V. (HSP), calls for the delivery of two SWATH crew transport vessels that can safely and swiftly transport people and limited cargo from Ciudad del Carmen to the Campeche Basin Oil Field 90 miles offshore. HSP will operate the two Lockheed Martin SWATH crew transport vessels for PEMEX for five years after delivery.
DeepOcean Awarded LOI for a 5 Year
DeepOcean awarded LOI for a 5 year contract for Arbol Grande worth MNOK 500 DeepOcean ASA has received a confirmation that the subsea construction company Constructora Subacuática Diavaz in Mexico has been awarded a letter of intent from Pemex for a 5 year inspection, maintenance and repair contract in the Gulf of Mexico, which is based on the DeepOcean vessel MPSV Arbol Grande. The contract value for DeepOcean is approximately NOK 500 million, which imply a significant increase in the day rate compared to the vessel’s existing contract. Due to the new contract, which commences in the second quarter 2008, Diavaz will install a considerable crane onboard in order for the vessel to comply with the specification requirements of Pemex.
Subsea 7 Wins GofM Pemex Contract
Subsea 7 S.A. announce a contract award by Pemex to its Mexican joint venture valued at approximately US$90-million. The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers (a slug catcher is a storage vessel used to separate oil, water and gases and regulate flow within a pipeline) and two cantilever structures for the Line 67 Project in the Bay of Campeche. This is the second contract awarded to the joint venture.
Keppel FELS Delivers 11th Jackup to Mexico
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered a KFELS B Class jackup rig to Mexican national oil company, Petróleos Mexicanos (PEMEX), safely, on time and on budget. The rig was named Kukulkan by Lady Sponsor Mrs Valerie Pahl-Hernandez, wife of Mr Gustavo Hernandez Garcia, Director General of PEMEX Exploration & Production, at a ceremony at Keppel FELS this evening. Kukulkan is the second jackup rig Keppel has built directly for PEMEX.
Offshore Market: Oil Prices Skyrocket but Rig Demand in the Doldrums
Worldwide demand for mobile offshore drilling units remains essentially flat, according to Houston-based offshore industry analyst ODS-Petrodata, although offshore drilling activity is expected to increase modestly in certain areas as the year progresses. U.S. Gulf of Mexico rig demand has fallen by eight rigs since December, but some indicators point to an increase in Gulf rig demand over the summer months. North Sea rig owners are facing a tough year, and more rigs are expected to leave the area. Other rig markets present a mixed outlook, with only West Africa likely to show a clear, sustained trend to increased rig demand over the next three to six months. U.S. The most encouraging sign for U.S.
McDermott Wins PEMEX Installation Contract
McDermott International, Inc. has been awarded a contract to install the offshore jacket, deck and piles for the Ayatsil-A drilling platform for PEMEX Exploracion y Produccion in the Bay of Campeche Ayatsil field. The value of the award is included in McDermott’s fourth quarter backlog. “The Ayatsil-A installation award from PEMEX is a direct result of the substantial local capabilities and operations of McDermott in Mexico, and our demonstrated track record of safe and reliable platform installations for PEMEX in the Bay of Campeche…
Round Zero Makes Pemex Major Player
Mexican regulators on Wednesday granted Pemex the bulk of its acreage request as the nation's oil industry opens to private participation, consolidating the state-led company's status as a major force despite losing its monopoly status. Meanwhile, the country's initial Round One acreage offering will include a range of opportunities including shale, deep-water, shallow-water, heavy oil and the nation's Chicontepec area. Those contracts, to be awarded between May and September of next year…