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Service Contract

Aker Kvaerner Awarded Contract with ConocoPhillips

ConocoPhillips has awarded Aker Kvaerner a service contract for provision of personnel and equipment for well intervention services on the Norwegian Continental Shelf. The firm contract period is three years with an estimated value of $147.2m. The contract includes an option to extend another 2 x 2 years.


DOE Awarded Nine New Service Contracts

The Department of Energy (DOE) awarded anew nine new service contracts for oil and gas development. The DOE has processed nine petroleum exploration areas which were bid out in the last Philippine Energy Contracting Round that closed last May. The DOE awarded the contracts for these exploration blocs last September, barring any hitches on the part of investors. Most of the awardees are local companies with foreign partners. The contract areas covered a total of 71,357


National Customs Brokers Petitions for FMC Investigation

The Federal Maritime Commission (FMC) issued a notice stating that the National Customs Brokers and Freight Forwarders Association and the International Association of NVOCCs have petitioned the FMC for an investigation of certain activities of the Transpacific Stabilization Agreement (TSA). The petition alleges that the TSA violated the Shipping Act of 1984 through discriminatory service contracting practices with regard to traffic moving in the eastbound transpacific trades that


Thai Owners Charter Out DSV 'Mermaid Endurer' for N. Sea Work

Mermaid Endurer: Photo courtesy of Mermaid Maritime

Mermaid Maritime's subsidiary Subtech Ltd. has been awarded a subsea services contract with Bibby Offshore Limited for services in the North Sea. This contract will utilize the DP2 Dive Support Vessel ‘Mermaid Endurer’ for inspection, repair and maintenance services & light construction intervention. The contract is scheduled to commence in the second calendar quarter of 2014 for a term ending in the fourth calendar quarter of 2014


Island Offshore Wins Premier Oil Service Contract

Island Offshore, a global Light Well Intervention (LWI) specialist, has been selected by Premier Oil U.K. Ltd. to undertake a new LWI service contract on the U.K. Continental Shelf. The win strengthens Island Offshore’s established position in the dynamic and competitive North Sea marketplace. Premier, an oil and gas exploration and production company, awarded the business to Island Offshore and the North Sea RLWI Alliance


CACI Named MSC Logistics Prime Contractor

MSC RoRo: Photo courtesy of MSC

CACI International Inc says it has been selected as a prime contractor to provide logistics support to the U.S. Navy’s Military Sealift Command (MSC) on the Worldwide Logistics Services (WLS) contract. The five-year (one base plus four option years) multiple-award indefinite delivery/indefinite quantity (IDIQ) contract has a ceiling value of $37 million and represents continuing work in CACI’s Logistics and Material Readiness market area.


Northrop Grumman Awarded $42.3M Contract for Destroyer Program

The U.S. Navy today awarded Northrop Grumman Corporation's Ship Systems sector a $42.3 million cost-plus contract option for services to the DDG 51 Class Aegis destroyer program. This represents the third option of a multiyear contract that was awarded to the company last year to build four destroyers. Under the contract, Northrop Grumman will provide services including the design of Aegis destroyer upgrades, planning and technical support.


Siemens Opens Third Service Location

Siemens Industry, Inc. has announced that it has opened a third marine service location in Houma, La., devoted to servicing offshore supply vessels, ferries, cargo carriers and other ocean vessels. Similar to its sister marine service locations in Fort Lauderdale, Fla., and Seattle, Wash., the new Gulf Coast location will serve both on-call and service contract customers. The new Houma-based office will offer a myriad of repair and spare parts services for automation, drives, motors


Atwood Oceanics Wins Contract Offshore Israel

Atwood Oceanics sadi that one of its subsidiaries has been awarded a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon. The day rate for work offshore will be $151,000, with contract commencement expected in September 2012 in direct continuation of the current contract. The costs for the mobilization will be covered by provisions in the current rig sharing group contract. The award has a firm duration of 180 days


Statoil Awards Mariner Contracts to UK Suppliers

Gunnar Breivik, managing director, Statoil Production (U.K.) Limited

  Statoil (U.K.) Limited has awarded the maintenance and modification services contract for the Mariner field to Aker Solutions UK.  The offshore services contract has been awarded to Stork Technical Services Limited, also based in the UK. Aker Solutions will perform the services for the Mariner field under a five-year contract, anticipated to start in August this year. Stork will commence services in January 2015, also under a five-year term


Nordex Wins Turkish Turbine Contract

Turbine

  Nordex has received a further contract from the Turkish customer Erdem Holding. The manufacturer will deliver of 20 N117/2400 turbines for the “Bagarasi” wind farm. The order also includes a premium-service contract for a minimum period of five years.  


Navy Ocean Services Contracts Awarded to Five Firms

Floating crane: File photo

The US Department of Defense inform that five firms are to share in a broad range of ocean engineering services contracts with a combined maximum dollar value of US$99-million. Details as follows: The five firms are: Truston Technologies Inc., Lafayette, Louisiana


Iraq's Southern Exports Unaffected by Conflict

Southern exports average almost 2.60 million bpd; Exports close to record rate seen in May. Lack of Kirkuk northern exports limits overall supply. Iraq's oil exports from its southern terminals on the Gulf, far from the fighting in its north


Aker Solutions Starts Trading After Company Split

The split creates a simpler and more focused Aker Solutions that is better positioned to meet the needs of customers in an increasingly competitive global energy industry

  Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance


New MOL Coal Carrier Ready to Launch

Photo courtesy of MOL

Mitsui O.S.K. Lines, Ltd. (MOL) announced that the coal carrier Energy Prometheus, which will be operated by MOL to ship coal to Hokuriku Electric Power Company, was completed on May 15 at the Oshima Shipbuilding Co., Ltd. Oshima Shipyard.


PDVSA gets $2B Credit Line

Venezuelan state oil company PDVSA on Wednesday said it had been granted a total of $2 billion in credit lines by oilfield services companies Halliburton Co, Schlumberger NV and Weatherford International Ltd. "What we have signed is for the companies to increase activities in our country


Latest DoD Contracts

USS Hue City: Photo USN

Contracts have been awarded by the U.S. Department of Defense to Great Lakes Dredge & Dock, NASSCO-Mayport, Timken Gears & Services Inc., and Colonna's Shipyard, Inc. Details as follows: 1. Great Lakes Dredge & Dock (GLDD- dredging contract


UK Suppliers Win Statoil Contracts

Gunnar Breivik, managing director, Statoil Production (U.K.) Limited (Credit Statoil)

Statoil (UK) Limited has awarded Aker Solutions UK with the maintenance and modification services contract for the Mariner field.  Likewise, the offshore services contract was awarded to Stork Technical Services Limited (UK). Aker Solutions will perform the services for the Mariner field


Ocean Freight Contract Management Post-P3

Intermodal container lift: File photo

The recent decision by Chinese antitrust authorities to block approval of the P3 Ocean Carrier Alliance has increased the demand for Ocean Contract Management. In response, Freightgate is offering free demonstration of its award winning Rate & Tender Management Tariff-Trek! Solution.


Wood Group Kenny Wins Ghana Contract for Subsea Engineering

Logo

  Wood Group Kenny (WGK) has been awarded an engineering services contract to support Tullow Ghana Limited and its partners through the execution phase of the Tweneboa, Enyenra and Ntomme (TEN) project, offshore Ghana. WGK will provide subsea, umbilical, risers


Good Profitability Noted in Wärtsilä H1 Interim Report

Wärtsilä 46DF Engine: Image courtesy of the manufacturers

Power solutions providers for the marine and energy markets, Wärtsilä, has released a summary of its Interim Financial Report January-June 2014, excerpted as follows: Highlights of the Review Period January-June 2014 Order intake decreased 5% to EUR 2,305 million (2


MOL Coal Carrier to Serve Tohoku Electric Power

Soma Maru (courtesy of MOL)

Mitsui O.S.K. Lines, Ltd. (MOL) today announced that the coal carrier Soma Maru, which will serve Tohoku Electric Power Co., Inc., was delivered at Mizushima Shipyard of Sanoyas Shipbuilding Corporation on July 17, 2014. The vessel, which was jointly developed by Sanoyas Shipyard and MOL


Konecranes Introduce SE Asia Remote Services

TRUECONNECT users: Photo courtesy of Konecranes

Leading crane service organisation Konecranes says it is introducing to the South-East Asia – Pacific region its most advanced family of remote service technologies, its TRUCONNECT Remote Services for enhanced safety, reliability and efficiency.


BIW lands Navy Contract of $100 million

Littoral Combat Ships

  The U.S. Navy awarded General Dynamics Bath Iron Works a $100 million contract to provide planning yard services for the Littoral Combat Ship (LCS) program. General Dynamics Bath Iron Works is a business unit of General Dynamics. Bath Iron Works, as the LCS Planning Yard


Nine Share in US$6-B DoD Contract Modifications

Container ship: Photo APL

The US Department of Defense informs that nine companies have each been awarded indefinite-delivery/indefinite-quantity fixed-price option-year two modifications for international ocean and intermodal distribution services (Universal Services Contract-7). They are:






 
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