The first of two platform supply vessels (PSVs) of the PX106 type design was successfully launched from Alianca shipyard in Brazil mid-April. The vessel is the first of four X-BOW® vessels for offshore shipowner CBO to be built at Alianca. After the launch, the superstructure was lifted onto the ves
FMC Technologies, Inc. reported first quarter 2011 revenue of $1.1 billion and diluted earnings per share from continuing operations of $0.35. The diluted earnings per share included a tax benefit of $0.03 per diluted share. Total inbound orders of $1.4 billion were up 11 percent from the first quar
Minister of National Infrastructures Uzi Landau told “IDF Radio” (Galei Zahal) today that Israel will speed up construction of the gas pipeline from the offshore Tamar field. “We’re organizing the matter, and quickly. The Tamar field gas pipeline will be connected during 2013. We’re also preparing a
Blue Offshore has been awarded a lease agreement for a subsea cable installation system by Norddeutsche Seekabelwerke GmbH (NSW). The system includes the uniquely adaptable modular turntable system, loading arm assembly, tensioners, trackways and associated equipment, to assist with the installation
The third of its type in Statoil’s portfolio the vessel will help reduce the costs of well interventions and enhanced oil recovery. Statoil has awarded Island Offshore a framework agreement for light well intervention (LWI) services from their vessel Island Constructor. The duration of the framework
Statoil has received consent to conduct exploration drilling of well 16/7-10 in the central part of the North Sea using the mobile facility Ocean Vanguard. The well will be drilled in production licence 569, approx. 17 kilometres northeast of Sleipner. The well coordinates are N 58° 29′ 56.56″, E 02
CB&I reported net income of $50.5 million, or $0.50 per diluted share, for the first quarter of 2011, compared with $42.2 million, or $0.42 per diluted share, in the first quarter of 2010. Revenue for the quarter was $954.3 million compared with first quarter 2010 revenue of $869.3 million. New awar
Odfjell Drilling has on behalf of Deep Sea Metro Ltd. secured a contract with the BG Group for its first drillship; the Deepsea Metro I. The contract with BG Group has a firm duration of 365 days with 3×6 months options and a contract value of approximately 175 million USD including mobilization and
KBR announced that it has been awarded a contract by Chevron U.S.A. Inc. to execute detailed design engineering for the Jack & St. Malo floating production unit (FPU) located in the Lower Tertiary trend in the deepwater Gulf of Mexico. The Jack and St. Malo fields are located within 25 miles (40 km)
L&N (Scotland) has been awarded two contracts worth in excess of £1.2 million by GE VetcoGray. The Aberdeen-based engineering and fabrication company will manufacture and supply 110 subsea control products to be deployed on various North Sea subsea projects. The award reinforces L&N’s decision to fo
In early 2011, the BGP Challenger successfully performed a 2D seismic survey in eastern offshore of Oman for Circle Oil. The work area is located in Block 52, and close to the water areas of Somalia and Yemen, the piracy-prone areas. To make sure the project to be operated smoothly, BGP made rigorou
UTEC Survey has announced the opening of a new office in Newfoundland, Canada. The new office will compliment UTEC Survey’s Calgary office, while giving the company a stronger presence in Eastern Canada. Cory Goodyear will head up the new operational center as the Regional Manager of Atlantic Canada
Deep Sea Supply announces that we have been awarded time charter contracts for the AHTS vessels “Sea Jaguar”, “Sea Cheetah”, “Sea Ocelot” and “Sea Hawk 1” with Gazflot for operations in the Sakhalin area. The duration of the contracts are 6 – 7 months. The vessel “Sea Hawk 1” is time chartered from
Statoil ASA has declared all remaining 3 years options for the Ocean King. The firm period is now until 2nd July 2014. Ocean King is relocated to the Norne field with Sandnessjøen as base and Crew change port. Statoil’s declaration shows that vessel and Crew have served Statoil in an excellent manne
