A subsidiary of Atwood Oceanics has ordered a fourth ultra-deepwater drillship from South Korea's Daewoo Shipbuilding and Marine Engineering (DSME). The vessel, to be named the Atwood Archer, will be identical to the previously ordered Atwood Advantage…
Dockwise successfully offloaded the 23,000 ton Lucius spar last week for the Lucius deepwater oil and natural gas project located in the Gulf of Mexico. The Lucius truss spar, measuring 184m (605ft) long and 34m (110ft) in diameter, was…
GE will supply Mitsui Ocean Development Engineering Co. Ltd. (MODEC) with four LM2500+G4 aeroderivative gas turbine packages for a new floating production, storage and offloading (FPSO) platform. The FPSO, owned and operated by MODEC, will be installed in 2…
Helix Energy Solutions Group, Inc. closed the sale of its pipelay vessel, the Caesar, to Trevaskis Ltd. Cash proceeds of approximately US$108 million of the total selling price of approximately $138 million were received at closing; the company…
Ocean Rig UDW Inc. received a Letter of Award for its ultra deepwater drillship Ocean Rig Skyros. The Letter of Award is for five wells or a minimum of 275 days contract for drilling offshore West Africa, with an estimated backlog of approximately US $190 million…
COLLOQUY: Editor's Column Beginning this month, we recognize the 25th anniversary of the Piper Alpha disaster. The Piper Alpha production platform was operated by Occidental Petroleum (Caledonia) Ltd. in the UK sector of the North Sea…
Electromagnetic Geoservices ASA (EMGS) received a Letter of Intent (LOI) for an extension to the ongoing USD $35 million contract in Asia. The value of the contract extension is at least USD $15 million, which brings the total contract value to a minimum of USD $50 million…
On June 5, Houston-based Atwood Oceanics Inc. announced a new drilling services contract with Eni S.p.A. for the Atwood Beacon. The independent leg cantilever jackup rig is currently working offshore Israel but will finish by July 2013. The…
Atwood Oceanics Inc. was awarded a drilling services contract for the ultra-deepwater drillship Atwood Achiever by a subsidiary of Kosmos Energy Ltd.for an exploration program commencing in Morocco. The contract specifies a base operating rate of about US $595…
C-MAR Group announced that it won a contract to carry out Failure Mode Effect Analysis (FMEA) surveys and trials on Maridive Group vessels for the next five years. Expected to be worth in excess of $500,000, the agreement covers 16 Maridive…
The offshore oil and gas industry is moving further into deeper and colder waters in remote locations thanks to advancing technologies. Ulstein provides products and solutions in support of safer, smarter and greener operations. The OCV/subsea vessel design SX121…
Marin Teknikk AS has entered into a contract with China Merchants Heavy Industry (Shenzhen) Co. Ltd., for the design & engineering delivery of a large diving & construction vessel (DCSV) to Kreuz Subsea Marine Pte Ltd. in Singapore. The vessel will be a MT6024 DSCV design with an 18-man…
South Korea's Hyundai Heavy Industries awarded Finland's Wärtsilä a design contract for Subsea 7's new large heavy construction vessel (HCV). Wärtsilä will employ its VS 4285 HCV design for the newbuild, which the company says is capable of operating in deep…
GE’s Power Conversion business was awarded a contract by the Eastern Shipbuilding Group in Panama City, Fl. The contract entails GE supplying integrated diesel-electric power, propulsion and vessel control systems for two multipurpose supply vessels (MPSVs) with installed horsepower of 12…
DNV Maritime Oil and Gas is increasing its focus on ship safety when identifying critical issues in shipping. An extended focus on risk-based rules, safety barriers and identifying high-risk areas are ways the company plans enhance safer shipping…
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