FGH’s Newfoundland Sector Under New Ownership
Friede Goldman Halter, Inc. (FGH) announced today it has sold the assets of Friede Goldman Newfoundland, the company’s Canadian subsidiary located in the province of Newfoundland and Labrador Canada, to Peter Kiewit Sons Co. Ltd.The transaction is part of the continuing effort to restructure the company and facilitate its emergence from Chapter 11 bankruptcy. Bob Shepherd, Executive vice president, administration of FGH, commented, “ The sale of the assets of FGN is in the best interests of the company as it emerges from Chapter 11 bankruptcy protection. The transaction allows the company to reduce outstanding obligations.”
Aker Kvaerner Awarded Contract for White Rose Platform
Aker Kvaerner, part of the international oil services, engineering and construction, and shipbuilding Group, Kvaerner, announced that Husky Energy has awarded the joint venture comprising Aker Kvaerner (49 per cent) and its partner Peter Kiewit & Sons Co. (51 per cent), an EPC contract for the complete topside facilities for the White Rose FPSO, offshore Newfoundland, Canada. The contract has a value of approximately $400 million. The White Rose field will be developed with a production vessel, and the contract is regarded as a major milestone in Aker Kvaerner's strategy, for which the Canadian market is a key geographical area. All engineering…
Kvaerner Taking Advice on Strategic Growth Alternatives
Kvaerner says it is exploring new strategic opportunities to further strengthen its business and has retained Greenhill & Co. International LLP to advise on evaluating all strategic alternatives. Kvaerner has during the first half of 2014 delivered several key oil and gas projects on schedule, won new key contracts and continued to implement cost reduction measures. The company's Board of Directors says it is pleased with how Kvaerner has built a strong position as a competitive contractor recognized for its high quality delivery of demanding oil and gas projects.
$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)
Kvaerner Authorized for Next Stage Work on Canadian Drilling Project
Kværner ASA authorised for further work on Hebron Project in Newfoundland & Labrador Kiewit-Kvaerner Contractors, the 50/50 joint venture between Peter Kiewit Infrastructure and Kvaerner, has been authorised by ExxonMobil Canada Properties (EMCP) to proceed with work on the Hebron Project gravity based structure (GBS) project in Newfoundland and Labrador, Canada. The authorisation follows substantial completion of front end engineering and design services and awards the next phase, which includes detailed engineering, procurement and construction (EPC) related services. Kvaerner estimates its share of this work to be approximately USD 125-150 million.
Aker Solutions Wins Hebron GBS Project
Kiewit-Aker Contractors, a 50/50 joint venture between Peter Kiewit Infrastructure and Aker Solutions, has been awarded a contract by ExxonMobil Canada Properties (EMCP) for the Hebron Project gravity based structure (GBS). The contract is for Front End Engineering and Design (FEED) and site preparation, with the option at ExxonMobil's discretion to subsequently provide detailed engineering, procurement and construction (EPC) services. The contract value for Aker Solutions' share of the FEED and site preparation is $70m. The Hebron Field is an oil and gas development in the Atlantic Ocean located 350 kilometres offshore from St. John's, in Newfoundland and Labrador, Canada.
Kvaerner Wins EPC Contract for Hebron GBS Project
ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS). The contract value for Kvaerner's share of the full EPC contract is approximately $1.5 billion and includes work conducted to date on the Hebron project. The authorization to proceed with the full EPC contract follows the substantial completion of the Front End Engineering and Design (FEED) and site preparation contract awarded November 9…
Wait for Work at Marystown Shipyard Could Soon Be Over
The industry and political leaders in the area will say the community’s shipbuilding future is built on more than just the federal government’s plan to construct new Joint Supply Ships (JSS) for the Canadian Navy, according to theWesternStar.com. In the meantime, a duo of companies are in the process of putting together plans to “develop project implementation and in-service support proposals” for the JSS project. ThyssenKrupp Marine Systems Canada Inc. and SNC-Lavalin ProFac Inc. won that contract following a bidding process. Peter Kiewit and Sons Ltd. in Marystown is part of a pre-qualified consortium for JSS. It is believed the worth of such a contract to the Marystown Shipyard would be in the neighborhood of $800 to $900 million.
Forhaug Steps in as CEO at MMT
Marine surveying company MMT has appointed Peter Forhaug as acting CEO from January 1, 2018 while the Sweden based firm conducts its search for a permanent CEO. Forhaug has a background in finance and has acted as a senior advisor to the board of MMT and is representing MMT at the board of the SMaRC research project. MMT founder Ola Oskarsson will serve as vice president to assist Forhaug.
Signet Maritime Completes Rig Moves
Signet Maritime Corporation announced the successful completion of transportation, delivery and loadout of two mat supported Jackup rigs. Signet provided full turnkey operations for the movement of the Rubicone H-191 from Sabine, Texas to Kiewit Offshore Services, Ingleside, Texas. The MV Signet Enterprise with 4,400BHP, 62.6MT Bollard pull ahead, 53.5MT bollard pull astern and the MV Signet Intrepid with 4,400BHP, 60.3MT bollard pull ahead, 54.7MT bollard pull astern, were the primary towing tugs for the project. The ocean tow was accomplished flawlessly in four days.
Kiewit to Serve as MCV Shorebase for MWCC
Marine Well Containment Company (MWCC) announced today that Kiewit Offshore Services (Kiewit) in Ingleside, Texas has been selected as the shorebase location to house equipment to outfit the company's modular capture vessels (MCVs) in the event of a deployment to a deepwater well control event. The equipment, which includes modular processing facilities for the MCVs and the centerpiece of the containment systems, the capping stacks, will be stored, maintained and tested at Kiewit's Ingleside facility near Corpus Christi. This MCV shorebase is one of two shorebase locations for MWCC. The selection of Kiewit and Ingleside as MWCC's MCV…
Coast Guard Rescues Family from a Mudslide
The U.S. Coast Guard said it conducted multiple rescues during a mudslide response in Santa Barbara County, Tuesday. At approximately 9 a.m., Tuesday, a Coast Guard Sector San Diego MH-60 Jayhawk helicopter crew launched to assist Santa Barbara County Fire Department with rescues after heavy rains caused mudslides in the Santa Barbara County area. At approximately 11:30 a.m., the Jayhawk crew was notified of a family needing assistance in Carpentaria, Calif. The crew arrived on scene and lowered both rescue swimmers to evaluate the situation.
Damen Shipyards Galati wins Dutch Romanian Award
Damen Shipyards Galati has been presented with the Dutch Romanian Business Award for its Corporate Social Responsibility plan, particularly the Group’s community investment initiatives. The Award was presented by Ben Jager of the Dutch Romanian Network to Peter de Kiewit, Damen Sales Manager for Romania at the PSV Eindhoven football club stadium. The jury presented the Award in recognition of Damen’s positive contribution to the social development of the region and the stimulating effect its activities have on the commercial relations between the Netherlands and Romania.
Multiport Mourns a Loss
Maritime & Transport Services Ltd. of Jamaica. Titchener, in a message sent to all members of the port agency network. Clarke's son, Mr. since 1997. He is currently a director of the company. The funeral was held on November 18. flowers.
Azerbaijan, Russia Introduces New Cruise
The Chairman of Azerbaijan Caspian Shipping Company (ACSC) Rauf Veliyev and Konstantin Anisimov, the General Director of Moscow River Shipping Company (MRSC) signed in Baku a memorandum of cooperation in cruise shipping in the Caspian region with the use of the new cruise passenger vessel "Peter the Great". The agreement was signed during the visit of the Russian delegation headed by Konstantin Anisimov to Baku. The agreement provides for joint activities on study and development of optimal routes for cruise passenger vessels…
Iranian Warship Crashes at Caspian Port, Two Crew Missing
An Iranian warship crashed into concrete wave breakers at a port in the Caspian Sea and two of its crew members are missing, according to local media reports. The 100-meter long warship, called Damavand, crashed at the harbour town of Bandar Anzali during stormy seas which kicked up waves as high as four meters, Gilnegah, a website focused on news about the northern province of Gilan, reported. Six crew members from the warship were initially knocked into the water during the accident and four were recovered from the sea. Pictures posted on Gilnegah show the damaged warship listing to one side near wave breakers that protect the port. No official statement has been issued on the number of dead or injured from the accident.
Union Head, Mayor Still Hopeful for Graving Dock
According to a report from the Southern Gazette, CAW/MWF Local 20 president Wayne Butler said he remains hopeful there will one day be a graving dock in Marystown, following last week’s announcement Kiewit Offshore Services was withdrawing from the bidding process for the upcoming federal shipbuilding program. (Source: The Southern Gazette)
Orsetd, Formerly Dong Energy, Sued over Name Change
The descendants of Danish scientist Hans Christian Orsted will take legal action on Friday against one of Denmark's biggest companies over its decision to change its name to Orsted, their lawyer said. DONG Energy, the world's largest developer of offshore wind farms, in October renamed itself Orsted as part of its shift to renewable energy from oil and gas. DONG was short for Danish Oil and Natural Gas. It said the new name, chosen from more than 3,000 alternatives, was inspired by 19th century Danish physicist Hans Christian Orsted, who discovered electromagnetism.
John McMullen Dies at 87
John J. McMullen, maritime industry icon, former owner of the New Jersey Devils and the Houston Astros, died September 16 at the age of 87. McMullen founded John J. McMullen and Associates (JJMA) in 1957, a naval architectural and engineering firm that once occupied the 30th floor of One World Trade Center in Manhattan. At first the firm concentrated on ship containerization and bulk transportation, but it soon became noted for naval engineering and ship design. The company's current emphasis on defense contracts came later. JJMA is the lead naval architect of the winning design for the US Navy's DDX program. Though the firm was purchased in 1998 and formed an Employee Stock Ownership Plan (ESOP) Trust, John J. McMullen’s influence and prosperity remained. MR’s archives indicate that Dr.
Local Yards Start to Feel the Impact
The U.S. Gulf of Mexico region is again poised to prosper, spurred by the buzz of activity surrounding the oil patch, and specifically the renewed vigor with which companies will explore and develop deepwater fields for the production of natural resources. Though the resumption of business at "full throttle" has taken perhaps a bit longer than many observers would have initially predicted, particularly given the continued high price of oil and gas and the "pro" oil industry political team occupying the White House, it is a safe bet that, at least for the next several years, the offshore oil business will ensure that the marine business in the GOM region is a prosperous one.
Viguerie: Passing Quality from Father to Son
These days, Raymond is still at his Intracoastal Iron Works yard full time, but his son Peter is doing a lot of the day-to-day management. With three boats under construction in March there was plenty to keep them both busy. The yard has recently added a new 165-ton ladder boom crane and two 35 ton cherry pickers. Business is good. One of the new boats nearing completion in mid-March was the Boo Sonier for LeBeouf Brothers Towing. This will be the eleventh boat built at Intracoastal for the LeBeouf fleet.
Wilson Sons to Build Tugs for Saam Smit
Wilson Sons Limited announces to its shareholders that the shipyard subsidiary Wilson Sons Estaleiros Ltda, has signed a contract to construct two azimuth tugboats for Saam Smit Towage do Brasil S.A. (Saam Smit), to be delivered within twenty months of payment of the first installment of each vessel. The vessels have a length of 24 meters and a beam of 11 meters with bollard pull of 70 metric tons. Damen Gorinchem Shipyards, who designed the projects, have been working with Wilson Sons in Brazil for more than 20 years.
Assembly Line Efficiency
Raymond Viguerie and, more recently his son Peter, have been building pushboats at a yard on a bayou just off the Itntacoastal Waterway that skirts the Gulf of Mexico. Their Intracoastal Ironworks sits between the bayou and the Bourg-LaRoxe Highway has recently expanded into the neighboring property. In the past they have built a variety of boats, but in recent years focused their efforts on a standard 72- by 30- by 10-foot push boat with two steering and four flanking rudders.