International investment firm Babcock & Brown (ASX: BNB - News), announced it has entered into a definitive agreement to acquire Bluewater Wind Delaware LLC and its parent holding companies, including Bluewater Offshore Holdings LLC and Bluewater Wind Holdings, LLC, in an effort to expand its portfolio of wind energy projects and contribute to its goal of developing offshore wind. Hunter Armistead, head of Babcock & Brown's North American Energy Development Group added that Bluewater will continue with negotiations with Delmarva Power toward executing a Power Purchase Agreement (PPA), in a process that is being overseen by the Delaware Public Service Commission and three state agencies. [Source: PRNewswire]
Golar LNG announced that it has agreed to partner with Bluewater Energy Services B.V in bidding for an offshore LNG FSRU opportunity with 's national oil company, PetroSA. Golar and Bluewater will be equal partners in a joint venture formed specifically for this opportunity. Additionally, and in conjunction with this bid, Golar and Bluewater have agreed to acquire the 1977 built Moss type 126,000 m3 LNG Carrier, Hoegh Gandria. The vessel is intended to be used as the converted offshore FSRU.
Aker Maritime's Oil and Gas Technology unit reportedly won a five-year deal with U.K.-based offshore production contractor Bluewater Services worth about 40 million pounds. It said in a statement that under the deal, which was an extension of a previous four-year agreement, Aker Oil and Gas Technology would support Bluewater's three UK-based floating production units.
Bluewater Wind, a developer of off-shore wind energy, is one of the companies competing for a long-term energy contract with Delmarva Power. Delmarva Power is requesting a proposal for an energy provider to help stabilize the price of energy in the state. Bluewater Wind is one of the companies competing for the contract, along with NRG, which has proposed expanding its coal facility on the Indian River Bay. Delmarva Power will choose an energy company in November.
Bluewater Energy Services B.V. announced the purchase by Bluewater of the MT Hanne Knutsen tanker from Knutsen OAS Shipping AS. Delivery to Bluewater is expected to take place on or before June 30. The MT Hanne Knutsen was built in the Spanish shipyard Astilleros de Sestao and was delivered to Knutsen OAS Shipping AS in 2000. The vessel was designed as a typical North Sea shuttle tanker and has since been trading in Baltic ice regions and has also been in service as a shuttle tanker
On March 16, 2003, Hornbeck Offshore Services (HOS) took delivery of the HOS Bluewater from LEEVAC Industries LLC. The vessel was delivered to Hornbeck Offshore two weeks ahead of schedule and immediately began a term charter for an unnamed operator. The HOS Bluewater is the first of four deepwater OSV's that will be delivered to Hornbeck Offshore by year's end. Designed by and built for Hornbeck Offshore Services, LLC, the HOS BLUEWATER is the company's seventh DP-2 vessel.
Technip has been awarded a contract by Bluewater Industries, Inc. for the flowlines, risers, jumpers and subsea structures for the Mirage field development, in the Gulf of Mexico. This field is located in Mississippi Canyon Block 941, at a water depth of 4,050 feet. ATP Oil & Gas Corporation (NASDAQ: ATPG) is 100% owner and operator of Mirage and Bluewater Industries is managing the project. The contract covers engineering for the installation
Southern St. Clair County residents and tourists traveling to Canada may have to go the long way around - through Port Huron and over the Blue Water Bridge - to get to Ontario and back. The Bluewater International Ferry, which is located just east of state highway M-29, provides the fastest, most convenient rout to Canada, but, due to high marine service fees, ferry management is threatening to close for the winter.
The Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) issued a notice stating that it has determined that no competitive interest exists in acquiring a commercial wind lease in the area offshore Delaware. Bluewater Wind Delaware LLC submitted the only valid expression of commercial interest. BOEMRE will proceed with the noncompetitive lease process for the proposed lease area. 76 Fed. Reg. 20367 (April 12, 2011).
Bachrach & Wood was formed 1953 to provide marine surveying and consultant services to the shipping industry in New Orleans. This year marks its 50th year of service. Over the years, Bachrach & Wood has changed its focus from bluewater shipping to the offshore oilfield, now providing builder’s risk surveys for heavy lifts and pipeline construction, warranty surveys for trips-in-to, vessel safety and security audits, and on/off charter surveys for barges and boats
The number of floating production systems continues to grow; 349 floating production units are now in service, on order or off-field/being remarketed. This inventory is 5% higher than a year ago, 27% higher than five years ago.
Building patrol boats is big business, especially for foreign defense needs. U.S. yards compete on a global stage in the all-important maritime security workboat arena. Patrol boats have continued to enhance bottom lines at many U.S. vessel builders this year through sales that are usually
In its capacity as Focal - MOOG Components Group representative in Scandinavia and Holland, the MacArtney Group has recently passed a momentous system delivery milestone. Since the partnership was initiated, MacArtney has facilitated the sale and delivery of more than 40 Focal swivel solutions to
Portable, cutting edge technology for critical shipyard applications. Discussions that involve global shipbuilding in today’s complicated economic environment are anything but a cut and dried proposition. For example, international shipbuilding
Offshore renewable energy will be very much on the agenda when the International Marine Contractors Association (IMCA) holds the first ever meeting of its long-established Europe & Africa Section in Germany. With speakers from Technip, the German Shipowners Association, German Shipbuilders
Maritime employers, thirsting for quality employees in numbers sufficient to run their far flung businesses, continue to struggle to recruit and retain talent despite lingering high unemployment across the other sectors of the economy. On the waterfront
The momentum for wind power continues to gather on the domestic waterfront. U.S. boatbuilders anxiously await the coming gale. "In a few instances, the Customs and Border Protection Agency (CBP), charged with administrating Jones Act applicability
Pop Quiz: Think back to the last time that U.S. Shipyards were operating at the breakneck pace now being seen from coast to coast. Now, think about that in context of slowing global demand brought on by overbuilt bluewater sectors. Next, factor in the breathtaking newbuild programs underway in the
Up until 2011, Sevan Drilling was part of Sevan Marine, which builds FPSOs. In 2011 Sevan Drilling was separated from Sevan Marine becoming an independent company. Sevan Drilling was established by Sevan Marine in 2006 for the purpose of building state-of-the-art
Willard Marine, Inc. announced Monday that David “Smokey” Glover will join its east coast Virginia Beach facility as Director of Operations. Glover’s career in the maritime industry dates back to 1974 when he completed a four-year apprenticeship as marine machinist for Norfolk
Kurt Nagle needs no introduction to MarineNews readers. With more than 30 years of experience in seaports and international trade, he has since 1995 served as President and Chief Executive Officer for the American Association of Port Authorities (AAPA). Mr
Seadrill contracts with LLOG Bluewater Holdings, LLC, for employment of the new-build drill-ship, 'West Neptune', offshore Gulf of Mexico. The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates
Offshore energy is a unique animal. I say that because, increasingly, the vessels that provide offshore service are becoming the mainstream of our bluewater merchant marine. Smaller than their containership or tanker cousins – although getting bigger every day – these vessels pack
Noboru Ueda & ClassNK Push Ahead in the United States There has been a decided uptick in activities from Japan’s ClassNK in the last 18 months, as it continues to drive its world-leading tonnage numbers ever higher. Led by Chairman and President Noboru Ueda
For inland operators, Compliance, Safety & Technology make for heavy river traffic as software providers descend on a rapidly approaching, potentially lucrative niche market. Is there a panacea for subchapter M? Pending USCG Subchapter “M” (SubM) regulations will eventually