Offshore Asia News - page 212

 

Deep Sea Supply buys 10 PSVs

Jun 02, 2014

Deep Sea Supply has agreed a deal to buy 10 platform support vessels (PSVs) for US$366 million.  The move will increase the firm's fleet from 30 to 40 vessels. Deep Sea Supply says the 10 PSVs will achieve attractive cash break even rates…

Total inks West Jupiter for Egina

Jun 02, 2014

Seadrill has won a contract with Total Upstream Nigeria for use of its newbuild ultra-deepwater drillship West Jupiter (pictured), in support of the Egina ultra-deep offshore project in Nigeria. The contract is for five years and is worth about US$1…

Sembcorp buys GraviFloat stake

Jun 02, 2014

Singapore-based marine and offshore engineering firm Sembcorp Marine has agreed entered to buy a 12% stake in Norwegian firm GraviFloat for US$4 million, with a right to increase its stake up to 20%. GraviFloat was formed to design, deliver and operate re-deployable…

Seven Arctic gets animated

Jun 02, 2014

Subsea 7 provides this animation of its new heavy construction vessel The Seven Arctic, which is under construction at Hyundai Heavy Industries (HHI) in South Korea, and due for delivery in 2016. The newbuild subsea construction vessel…

Global Deepwater Review: Driving deeper growth

Jun 01, 2014

As Infield Systems prepares for the annual release of its Deep and Ultra-deepwater Market Report to 2018, we look to global development of the deepwater sector and the emerging trends over the forthcoming five years. Looking back over the previous five-year period…

World's largest liftboat nears completion in Asian yard

May 30, 2014

A.K. Suda reports that the world’s largest liftboat has been built by Triyards Marine, Saigon Shipyard in HCMC, Vietnam, and will be delivered to Singapore-based EMAS Offshore in June. The 450ft (137.25m) truss-legged liftboat was designed by A…

Total exits Shah Deniz

May 30, 2014

Total will exit the Shah Deniz field, following an agreement the French explorer reached with Turkish state-owned oil company TPAO. Total will sell its 10% interest in Azerbaijan field and associated South Caucasus pipeline for US$1.5 billion…

4 newbuild orders for ASL

May 30, 2014

Singapore-based ASL Marine Holdings has won new shipbuilding contracts worth about S$91 million for the construction of three infield support vessels (of ART 100-42 class Rotor Tugs design) and one seismic support vessel (SSV). The…

Naga 3 jackup on location

May 28, 2014

Fairmount Marine's tug Fairmount Expedition has towed jackup rig Naga 3 from the PV Marine Shipyard in Vung Tau, Vietnam, to the RD-19X Block 15-2 oilfield offshore Vietnam. Last month the tug towed the rig from Singapore to the shipyard…

PNG LNG ships first cargo

May 26, 2014

The first shipment from the PNG LNG project has left Papua New Guinea carrying a cargo bound for Japan for Tokyo Electric Power Co. Inc. “This announcement is a historic moment for Papua New Guinea (PNG),” ExxonMobil PNG Limited Managing Director Peter Graham said…

Gazprom Neft, EDC sign agreement

May 23, 2014

Gazprom Neft has announced the signing of a three-year framework agreement on drilling and well reconstruction with  drilling service provider Commonwealth of Independent States Eurasia Drilling Company Limited (EDC). Under the terms of this agreement…

Maersk Intrepid heading for Westcon

May 23, 2014

Norway's Westcon is to start its 20th year as a rig modification yard by welcoming the world’s largest jack-up rig Maersk Intrepid (pictured). The newbuild jackup, which built at Keppel FELS' yard in Singapore for Denmark's Maersk Drilling and was completed in March…

$117bn subsea hardware spend 2014-18

May 23, 2014

Douglas-Westwood (DW) forecasts global subsea hardware capex will total US$117 billion (bn) between 2014 and 2018. This represents growth of more than 80% compared with the preceding five-year period. In 2013, subsea tree installations were lower than expected…

Aqualis wins Asian construction contracts

May 22, 2014

Norway's Aqualis ASA has won several new construction supervision, transportation & installation and marine warranty contracts in Asia. The total contract value is approximately US$11 million. Aqualis Offshore in Singapore has been awarded…

Maersk inks jackup for Culzean

May 21, 2014

Houston-based Hercules Offshore has signed a five-year drilling contract with Maersk Oil North Sea UK for a newbuild jackup rig to be owned and operated by Hercules Offshore.   The new Friede & Goldman JU-2000E design jackup will be built…

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