Business & Finance
Dutch Dockwise Bags Multiple Rig Transportation Deals
Dutch heavy lift/shipping specialist Dockwise Ltd. today announces twelve new awards totaling USD 55 million, of which six, to the value of more than USD 15 million, are for execution in Q4 2011. The remaining contracts are for execution in 2012 and 2013. Furthermore the company has entered into a M
Singapore: Dyna-Mac Signs LoI with Three Leading FPSO Operators
SGX Mainboard-listed Dyna-Mac Holdings Ltd., a multi-disciplinary specialist provider of detailed engineering, procurement and construction services (“EPC”) to the offshore oil and gas, marine construction and other industries, has secured orders worth a provisional sum of S$115 million, boosting it
COSL Innovator en Route to Norway
The second semi-submersible drilling rig COSL Innovator produced by Yantai CIMC Raffles Offshore Ltd (CIMC raffles) for COSL Drilling Europe AS (CDE) departed from CIMC raffles on 8:00 AM 21th Dec 2011. Approximately 120 employees from the yard attended the see off Ceremony. It is the second deep wa
Thirteen Foreign Ships Under Detention in UK Ports During November 2011
The Maritime and Coastguard Agency (MCA) announced today that 13 foreign flagged ships were under detention in UK ports during November 2011 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were six new detentions of foreign flagged ships in UK ports during N
Norway: Oceaneering Buys AGR Field Operations
Oceaneering International, Inc. announced that its wholly-owned Norwegian subsidiary, Oceaneering AS, has closed the previously- announced definitive agreement to acquire AGR Field Operations (AGR FO). AGR FO is a provider of inspection, maintenance, subsea engineering, and field operations services
Norway: Oceaneering Completes AGR FO Acquisition
Oceaneering International, Inc. that it has closed the previously- announced definitive agreement to acquire AGR Field Operations (AGR FO). AGR FO is a provider of inspection, maintenance, subsea engineering, and field operations services, principally to the oil and gas industry. The acquisition pri
Expro Signs Contract with Total E&P UK for AX-S Subsea Intervention System
International oilfield services company Expro has signed a frame agreement for the further advancement of its ground-breaking AX-S™ subsea well intervention technology. Total E&P UK Ltd, the Aberdeen- based subsidiary of the Total Group, has signed a long- term frame agreement with Expro. The signin
China: Winland Ocean Shipping Wins USD 7.6 Million Annual Contract
Winland Ocean Shipping Corp., a global shipping Company, today announced an Annual Contract to transport over a half million ton pig iron and HBI (“Hot Briquetted Iron”) from the Black Sea Area and South America to Asia, and the total value of the contract is about US$ 7.6 Million. The company signe
Pacific Drilling Takes Delivery of its Newest Drillship from Samsung Heavy, South Korea
Pacific Drilling S.A. has received delivery of its newest drillship, the Pacific Santa Ana from Samsung Heavy Industries’ Geoje shipyard. The drillship features the most advanced drilling technology in the offshore drilling industry, including dual load path capability and dual gradient drilling upg
Canada: Minister of National Defence Visits Port of Halifax
The Honourable Peter MacKay, Minister of National Defence, visited the Port of Halifax recently for a briefing on current Gateway project infrastructure enhancements as well as a tour of port facilities. The Halifax Port Authority partnered with the federal government to invest $130 million in the u
UK: Encore Encounters Oil at Tudor Rose Well
EnCore Oil plc announces that the Tudor Rose well 14/30a-5 in Central North Sea Block 14/30a has reached Total Measured Depth of 3,590 feet. The well encountered an oil column within the target Beauly Formation and Oil Water Contact at 3,236 feet Total Vertical Depth Subsea. Wireline sampling and pr
South Korea: DSME Starts Construction of Heerema’s Deep Water Construction Vessel
On 12th December, the keel laying ceremony for Hull No. 3402 was held in the Neutae Heavy Zone. Several members involved in this project attended the ceremony including Mr. Pieter Heerema who is the client’s owner and President of Heerema. As a safety incentive, Heerema donated 250 Oxygen detectors
BP Gains Access to 5 More Deepwater Blocks Off Angola
BP’s involvement with Angola goes back to the mid 1970s. During the 1990s, BP made very substantial investments in Angola’s offshore oil, and it is now an important part of the company’s upstream portfolio. The UK based oil giant today confirmed that it has gained access to five more deepwater explo
USA: Pacific Santa Ana Drillship Hits the Water
Pacific Drilling S.A. has taken delivery of its newest drillship, the Pacific Santa Ana. The drillship features the most advanced drilling technology in the offshore drilling industry, including dual load path capability and dual gradient drilling upgrades. The “PACIFIC SANTA ANA” is an upgraded Dua