Search results for: contract-extension

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A list of search results

  • 26 May 2016
    Business & Finance

    Oslo-listed Siem Shipping Inc. has won a one-year contract renewal for a regular weekly service from Ecuador to St. Petersburg, Russia. As disclosed, the contract extension for the service covers seven reefer vessels. The company did not, however, disclose any further details on the value of the contracts or expected start date. Siem Shipping recorded […]

  • 4 November 2019
    Business & Finance, Equipment, Project & Tenders

    Oceanteam Solutions has secured a subsea cable storage contract extension with one of its premier clients. The extension follows a two-and-a-half years of storage of client’s subsea cables in Oceanteam Solutions’ 5300Te carousel at its cable storage facility in Velsen, the Netherlands. With this extension the contract will run well into 2020 with possible further […]

  • 21 October 2013
    Business & Finance

    Prosafe and ConocoPhillips Petroleum Company U.K. Limited have agreed an extension to the firm period for the provision of the Safe Scandinavia accommodation support vessel at the Jasmine Hook Up and Commissioning Project in the British sector of the North Sea. The duration of the firm extension period is 28 days commencing mid-October 2013. Total […]

  • 6 June 2014
    Business & Finance

    BW Offshore has received a contract extension for the FPSO BW Athena with Ithaca Energy. The FPSO is employed on the Athena oil field on the UK sector. BW Athena was built in 1994 and converted to an FPSO in 1999. The primary term of the contract expires in Q2 2015, and Ithaca Energy has exercised […]

  • 24 January 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Oslo-listed SeaBird Exploration has secured extension of two existing contracts, the company said on Thursday. Namely, the contract for the Voyager Explorer, which is working on an ocean bottom node survey in the Far East, has been extended by approximately 90 days until March 2019. The client also has an additional option to extend the […]

  • 5 January 2015
    Project & Tenders

    Decmil Group has been awarded a wellsite installation services contract extension at QCLNG project.

  • 20 June 2017
    Project & Tenders

    CGG has secured a renewal of a contract from PTT Exploration & Production (PTTEP) for the dedicated processing center (DPC) CGG has been operating in Bangkok since November 2013. The new contract will run for a further three years, from March 01, 2017 to February 28, 2020. CGG will continue to support PTTEP by delivering high-quality […]

  • 21 June 2013
    Business & Finance, Project & Tenders

    EMGS confirms that it has today received a Letter of Award (LOA) for the contract extension in Asia which is worth approximately USD 15 million. It is expected that the vessel BOA Thalassa will complete the contract extension in October 2013. “This contract extension is an endorsement of our services and shallow water capabilities. Furthermore, […]

  • 15 April 2014
    Business & Finance

    Cotemar group has confirmed that Safe Hibernia has been awarded a contract extension through to 27 July 2014 with unchanged day rate. The contract value of the extension is USD 6.2 million. The Safe Hibernia, an accommodation/service vessel, was built in 1977 at the Rauma Repola yard in Finland to an Aker H-3 design. It has […]

  • 7 March 2013
    Business & Finance

    Global Industries Offshore L.L.C, a company owned by Technip, has exercised their option to extend the contract for the construction vessel “Normand Commander” with one year from June 2013. Technip has option to extend the contract with further 2 x 1 year option after expiry of the firm contract. “Normand Commander” is a DP2 Multi […]

  • 15 October 2013
    Business & Finance

    Cotemar group has confirmed that Safe Lancia has been awarded a contract extension through to 15 December 2013 with unchanged day rates in Mexico. Prosafe is the world’s leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 222.4 million in 2012 and net profit was USD 177.5 million. The company operates globally, […]

  • 2 October 2013
    Business & Finance

    Prosafe and Elf Exploration UK Ltd have agreed an extension to the firm period for the provision of the Safe Bristolia accommodation support vessel at the Elgin-Franklin Facility in the British sector of the North Sea. The duration or the firm extension period is 61 days commencing mid-October 2013. Total value of the firm extension […]

  • 9 December 2013
    Business & Finance

    Prosafe has been awarded a contract extension by Petrobras Netherlands B.V. (Petrobras) for the provision of the Safe Concordia semi-submersible vessel for safety and maintenance support offshore Brazil.  The firm period of the contract extension is three years and commences in June 2014, immediately following expiry of the existing contract firm period. Total value of […]

  • 3 September 2012
    Business & Finance

    BP Norge AS has exercised the first of two remaining one-month options, thereby extending Safe Scandinavia’s operations at Valhall until 30th November 2012. The value of the exercised option is approximately USD 9 million. Prosafe is the world’s leading owner and operator of semi-submersible accommodation/service rigs. Operating profit reached USD 192.3 million in 2011. [mappress] […]

  • 10 November 2016
    Project & Tenders

    Australia’s Decmil Group has secured a $17 million extension to an existing contract with QGC, the operator of Queensland Curtis LNG project and a unit of energy giant Shell. The deal is an extension to the existing long-term wellsite installation services contract for QGC, Decmil said in a statement, adding that the contract will last […]

  • 22 March 2006

    Global subsea contractor, Subsea 7 today announced a contract extension valued in excess of US $160M by BP Exploration Operating Co. Ltd. for subsea construction services.

  • 6 October 2014
    Business & Finance

    Reach Subsea has secured a contract extension for the vessel Dina Star.  Reach Subsea says that charterer for Dina Star has exercised an option to extend the contract in October. The operation continues in the High North areas. Dina Star, which has ice class 1B and de-ice, has under this contract served as a multipurpose […]

  • 5 December 2019
    Project & Tenders

    Solstad Offshore’s client has exercised the option to extend the present contract for the CSV Normand Tonjer. The extension is for 12 months to November 2020, Solstad said. In addition, the client has the option to extend the contract until September 2021. Solstad Offshore owns 56% of Normand Tonjer. The 95 meters long Normand Tonjer […]

  • 24 February 2014
    Business & Finance

    Global Industries Offshore L.L.C, a company owned by Technip, has exercised their option to extend the contract for the construction vessel “Normand Commander” with one year from June 2014. Technip has option to extend the contract with further 1 year option after expiry of the firm contract. The Normand Commander is a 92 meter DP-2 […]

  • 12 June 2017
    Project & Tenders

    The newbuild subsea operations vessel ‘Southern Star’ has started a six year bareboat charter, an increase of a year on the original deal, with options for extensions. The Southern Star was designed by Tasik Subsea and built by Fujian Mawei Shipbuilding in Fuzhou, China. Tasik managing director John Giddens said: “The market is difficult with economic challenges […]

  • 17 September 2007

    Awilco Offshore (AWO) and ConocoPhillips have agreed on a one year extension of the existing contract for the accommodation unit Port Rigmar at the Ekofisk Field. The contract extension is from 1 October 2008 to 1 October 2009 and has a contract value of approximately USD 55 million.

  • 25 February 2015
    Business & Finance, Equipment

    Stork, a global provider of knowledge-based asset integrity management services focused on the oil & gas, chemical and power sectors, has been awarded a three year contract extension with two one-year extension options, for global oil & gas operator Apache. Stork will provide Apache a full range of integrated Fabric Maintenance support services including: scaffolding, […]