Swiber Holdings Limited (“Swiber” or together with its subsidiaries, “the Group”) announced its first series of contract wins in the beginning of the new year. The Group has clinched five sizeable contracts totaling approximately US$235 million. Three of these contract wins, which amounted to approx
Last month a Hydrex diver/technician team carried out underwater stern tube seal repairs on a 110-meter offshore supply vessel in Bunbury, Australia. The rope guard covering the stern tube seal assembly was missing and the seal box had come loose after a mooring rope got tangled around the assembly.
A Hydrex diver/technician team mobilized to St. Malo, France, in January to perform an emergency repair operation on a 132-meter dry cargo vessel. When the rudder of the vessel was severely damaged during a heavy storm it came loose and was swinging dangerously from side to side during sailing, hitt
Iona Energy Inc. (“Iona” or the “Company”) announces an operational update related to its Huntington Oil Field located in the UK North Sea. During Q4 2013, Iona produced on average 3,280 boepd as Huntington ramp-up continued to increase following the previously announced curtailment of production by
Havila Shipping ASA achieved a profit before tax of NOK 4.3 m in Q4 2013, compared with NOK 11.0 m in Q4 last year. Year to date, the profit before tax was NOK 93.4m, compared with NOK 17.8m per 31/12/12. Total operating income and gains was NOK 360.2m in the Q4 of 2013. Total operating […]
The Azerbaijan International Operating Company (AIOC), operated by BP, announced the start-up of oil production from the West Chirag platform as part of the Azeri-Chirag-Gunashli (ACG) field development in the Azerbaijan sector of the Caspian Sea. Start-up of the West Chirag platform completes the C
The Bureau of Safety and Environmental Enforcement (BSEE) and the Coast Guard are responding to a loss of well control event at Vermilion Block 356 in the Gulf of Mexico, approximately 108 miles southwest of Lafayette, Louisiana. The operator, EnVen, reported that it was drilling from the jack-up ri
After rigorous assessment, the Great Barrier Reef Marine Park Authority has approved an application by North Queensland Bulk Ports Corporation to dispose of dredge spoil at a deepwater location offshore of Abbot Point, subject to strict environmental conditions. Authority Chairman, Dr Russell Reiche
Oscilla Power, Inc. (OPI) announced the successful completion of its 2013 open ocean testing, conducted at Isle of Shoals, NH. OPI’s prototype system was deployed in mid-July and recovered in mid-September, 2013. For nine weeks, two of OPI’s “Gen 1” magnetostrictive power generators operated accordi
Fugro has been awarded two contracts to perform cable burial and survey operations at two wind farm sites in the UK. The first contract is for CT Offshore A/S at RWE Innogy’s Gwynt y Môr Offshore Wind Farm located in Liverpool Bay off the North Wales coast. The work involves the burial and post-buri
STATS were contracted by a major oil producer to supply high pressure isolation plugs to provide a double block and bleed isolation barrier for the safe tie-in of a replacement section of the main 24-inch oil export line from the platform, without having to de-oil the entire 80km pipeline. To facili
OceanGeo B.V., a geophysical company specializing in multicomponent ocean bottom seismic acquisition, announced that it has been awarded a contract for a 510 square kilometer ocean bottom 3D seismic survey in the Gulf of Paria offshore Trinidad for Petroleum Company of Trinidad and Tobago Limited (P
Etihad Etisalat (Mobily) announced the agreement to install a new submarine cable named AAE-1. The agreement was signed in Hong Kong with 17 operators, and the cable is expected to link countries of the Far East to Europe through the Middle East and Africa. The submarine cable will be layed over a d
Less than two years after Ocean Installer’s first vessel went into offshore operations, Ocean Installer can mark 1000 vessel days completed. And that with an excellent HSEQ record. In May 2012, Ocean Installer entered into offshore operations, with the company’s first long-term chartered vessel, Nor
