Marine link
 

Service Agreement

Service Agreement Safeguards Power Supply Offshore

Petroleum Geo-Services (PGS), a Norwegian oilfield service company, has awarded a five-year Service Agreement to Wärtsilä covering maintenance of the power plants onboard three offshore FPSO (Floating, Production, Storage and Offloading) vessels. The agreement applies to the Petrojarl Foinaven, the Petrojarl Varg and the Petrojarl 1, which are operating in the North Sea and the north Atlantic ocean. With Wärtsilä maintaining the vessel's power plants at all times, Petroleum Geo-Services is able to concentrate on its core business of offshore capabilities in floating production and storage facilities. The ongoing power plant servicing provides the vessels with optimized availability together with cost savings, risk mitigation and financial predictability. The new Service Agreement is an extension of the first Service Agreements between Petroleum Geo-Services and Wärtsilä which were signed back in June 1999 for the Petrojarl Foinaven's 51 MW power plant, in November 1999 for the Petrojarl Varg's 36.7 MW power plant and in January 2002 for the Petrojarl 1's 12 MW power plant. Wärtsilä has had a permanent power plant maintenance crew onboard the three vessels at all times since January 2002. During overhauls, Wärtsilä sends additional service crew to complete the job within the time required. Wärtsilä also supplies all spare parts and consumables. The purpose of this commitment is to keep unplanned downtime as short as possible.


FMC Technologies Unit Agreement Extension With Statoil

FMC Technologies, Inc. announced that its FMC Energy Systems business has signed an extension of its existing subsea service agreement with Statoil ASA to provide technical services and subsea equipment for an additional two years, with an option for two more years beyond that. Under the terms of the extension, FMC Energy Systems expects to receive approximately $60 million per year. The agreement comprises technical services in connection with completion, workover, installation


Stolt-Nielsen and Jo Tankers Combine Service for U.S. Gulf to Asia

Stolt-Nielsen Transportation Group Ltd. (SNTG), a wholly-owned subsidiary of Stolt-Nielsen S.A. announced a co-service agreement for operational matters for the carriage of bulk liquids from ports in the U.S. Gulf to ports in Asia. The purpose of this agreement is to improve service levels for SNTG and JOT customers and increase operational efficiencies while maintaining the commercial independence of SNTG and JOT


NCL Awards Maintenance Contract to MAN

Norwegian Epic: Photo credit CCL Jacopo Werther

MAN Diesel & Turbo gets 4-year $30 million contract from US-based Norwegian Cruise Line MAN Diesel & Turbo has received an order from the US-based cruise liner company Norwegian Cruise Line for the maintenance of the engines on nine of the fleet’s cruise liners.The service agreement runs for four years and is being handled by the MAN PrimeServ service office in Fort Lauderdale, Florida, USA. Besides the maintenance work it also covers the supply of spare parts.


WSS Signs Safety Service Agreement With Victoria Ship Management

Wilhelmsen Ships Service (WSS) has signed its first fleet Safety Service Agreement with a Japanese principal. The two-year agreement, valued at $300,000 includes 25 panamax and cape-size bulk carriers and 18 product carriers on behalf of Tokyo-based Victoria Ship Management. The WSS Safety Service Agreement provides a standardized service covering a client’s fleet, offering fixed prices for inspection at agreed ports covering fixed systems and portable equipment


Star Cruises Signs Long-Term Contract

Long-term Preventive Service agreement will increase reliability and extend equipment life-time through scheduled maintenance procedures. ABB, an  automation technology group, has won a long-term service contract from Star Cruises for preventive maintenance of all ABB equipment onboard SuperStar Virgo for the next five years. The approximately US$ 1 million contract was signed in the fourth quarter of 2012 and commences in January 1, 2013.


Keppel secures contract for Qatargas LNG carriers

Keppel Shipyard Limited (Keppel Shipyard) has entered an Alliance Service Agreement for the drydocking of a fleet of Moss Rosenburg (MOSS) type of Liquefied Natural Gas (LNG) carriers chartered by Qatar Liquefied Gas Company Ltd (Qatargas). The five-year agreement was signed with MO LNG Transport Co., Ltd (MOL), Nippon Yusen Kaisha Ltd (NYK) and Kawasaki Kisen Kaisha Ltd (K-Line). The vessels under the fleet agreement are Al Zubarah, Al Khor, Al Rayyan, Al Wajbah, Broog, Zekreet


Goltens Secures Agreement with Hanjin

The Goltens Group reached an exclusive, long-term service agreement with Hanjin Shipping. Under the terms of the agreement, Hanjin has named Goltens (Shanghai) as its exclusive engine and repair service provider. In addition to working with Goltens facilities in Shanghai, Hanjin will also have access to service at Goltens workshops in Singapore, Rotterdam, New York, Long Beach, California and other locations in Goltens worldwide network.


Brazilians Sign Charters for Three Semi-submersible Rigs

Queiroz Galvão Óleo e Gás (QGOG) partners with Sete Brasil in charter agreements for 3 drilling rigs. QGOG, the largest Brazilian provider of drilling and production services, announce that, in partnership with Sete Brasil, they have signed a charter and services agreement for three semi-submersible ultra-deep water drilling rigs, named Urca, Bracuhy and Mangaratiba. QGOG will operate the rigs and QGOG Constellation, through one of its subsidiaries


ABB Wins Star Cruises Preventive Service Contract

ABB wins Star Cruises long-term service contract for preventive maintenance of all ABB equipment onboard 'SuperStar Virgo'. The approximately US$ 1-million contract was signed in the fourth quarter of 2012 and commences in January 1, 2013. The service contract covers periodic maintenance visits scheduled when they least disturb SuperStar Virgo operations. A long-term approach to maintenance and reduction in the variable costs caused by maintenance-related actions make budgeting more


Technip Further Optimizes its Subsea Assets

Proceeds from this divestment will be partially reinvested directly into Technips Subsea business

  Technip signed today an agreement to sell 100% of its North American diving assets to Ranger Offshore Inc.(1). Technip’s strategy focuses on high technology and ultra-deep water products and services. Proceeds from this divestment will be partially reinvested directly into


Cove Point LNG Export Facility Gets US FERC Approval

 U.S. federal regulators on Monday approved construction of Dominion Resources Inc's liquefied natural gas export project in Cove Point, Maryland. Cove Point is the fourth U.S. LNG export project to get the green light to begin construction from the Federal Energy Regulatory Commission


Deal Struck on LNG Delivery for Shipowners

Photo courtesy of Wespac

Unique partnership offers the first fully integrated LNG solution to ship owners. WesPac Midstream LLC (WesPac), a leading provider of energy infrastructure and LNG solutions, announced a partnership agreement with Clean Marine Energy LLC (CME)


Integrated LNG Solution for Ship Owners

 WesPac Midstream LLC (WesPac), a provider of energy infrastructure and LNG solutions, announced a partnership agreement with Clean Marine Energy LLC (CME), the global facilitator of finance mechanisms for LNG conversion and Emission Control Area (ECA) compliance


EnQuest Eyes ExxonMobil Malaysia Assets

EnQuest logo

  EnQuest PLC, through its wholly owned subsidiary EQ Petroleum Production Malaysia Ltd, agreed to acquire ExxonMobil Exploration and Production Malaysia Inc.’s interest in the Seligi oil field and the PM8 PSC, located offshore Malaysia


Foster Wheeler Signs Agreement With BOC to Replace Heat Exchangers

Courtesy Foster Wheeler

Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has signed an engineering, procurement and construction management (EPCm) services agreement with BOC, a member of the Linde Group, for the installation of replacement heat exchangers at


Harding Inks Deals with Three Industry Giants

The signing (Credit Harding)

In the past few weeks, Harding, an international supplier of maritime safety equipment, has signed three framework agreements with Statoil, Petrobras and A.P. Møller Mærsk. "This shows that our global strategy of being a complete supplier of both equipment and services was


Offshore Wind Turbines for MHI Vestas Offshore

Wind Turbines of MHI Vestas Offshore Wind

  MHI Vestas Offshore Wind A/S, a JV between Mitsubishi Heavy Industries, Ltd. (MHI) and Vestas Wind Systems A/S, has reached a conditional agreement with Skovgaard Invest ApS and Energicenter Nord for the purchase of four V164-8.0 MW offshore wind turbines for the Velling Mærsk


Survitec to Display Growing Portfolio at SMM

Photo: Survitec

Visitors to SMM 2014 will be able to find out more about Survitec Group's growing portfolio of products and services for the cruise, ferry, cargo, tanker and offshore shipping markets. At this year's show Survitec will be highlighting its RFD, SurvitecZodiac, DSB


Royal Caribbean, ABB Ink 15-year Service Contract

Photo courtesy of RCC

ABB has signed an extensive service agreement with Royal Caribbean Cruises Ltd (RCC) to increase cost efficiency and predictability of maintenance costs. The agreement spans 15 years and encompasses six vessels under RCC’s brands Celebrity Cruises and Royal Caribbean International


MAN's PrimeServ Clinches DOF Service Deal

 Pictured at the signing ceremony: (standing, from left) Mikael Adler – Managing Director, MAN Diesel & Turbo, Norway; Serghei Nastas – MAN PrimeServ O&M Sales Manager; Dr. Stephan Timmermann – Member of Executive Board, MAN Diesel & Turbo; Stefan Eefting – Vice President, Head of MAN PrimeServ; (seated, from left) Lars-Heine Njåstad – Chief Procurement Officer, DOF; and Wayne Jones – Senior Vice President, Head of MAN PrimeServ Diesel

SMM signing ceremony commits DOF to five-year Framework Service Agreement At a signing ceremony at SMM, the international marine trade fair in Hamburg, MAN PrimeServ, MAN Diesel & Turbo’s service division, signed a service framework agreement with DOF ASA


Gabadi is First Outfitter Licensed by GTT

On the occasion of SMM in Hamburg, Gaztransport & Technigaz (GTT) and Gabadi S.L. have signed a Technical Assistance and License Agreement (TALA), making Gabadi the first outfitter licensed by GTT. Gabadi received its outfitter's approval after successfully completing the qualification


New SENER Asia & Pacific Directors Appointed

Alfonso Cebollero: Photo SENER

Alfonso Cebollero has been appointed as SENER's Regional Director for Asia and Pacific, while Guangwu Liu has become SENER's new Country Manager in China. Both will coordinate the Engineering and Technology Group’s projects in the above-mentioned geographical areas where SENER’s


Ocean Three Containership Alliance v the Rest: DMR Analysis

Full load: File photo

Last Tuesday’s announcement of the formation of the “Ocean Three” alliance – actually a combination of vessel sharing, slot exchange and slot charter agreements – confirmed one of the worst kept industry secrets


Seaspan Agreement with GCII & Blue Water

Courtesy Seaspan

  Seaspan Corporation announced today that it has entered into an agreement with Greater China Intermodal Investments LLC and Blue Water Commerce, LLC to extend the term of their Right of First Refusal Agreement by one year to March 31, 2016






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright