Oil & Gas

JUNE 1, 2012—Norway's Ulstein has signed a NOK 800 million ($131.8 million) contract for the delivery of a high capacity subsea construction vessel based on its SX121 design to GC Rieber Shipping, Bergen, Norway. The contract contains an option for a second vessel. The newbuild will be delivered in the first quarter of 2014. “Subsea ...

MAY 31, 2012 —Shell Offshore Inc. has contracted with LoneStar Marine Shelters of Galveston, Texas to fabricate the 607 ton, 76 bed auxiliary living quarters for the Shell Mars "A" expansion. The Mars ʺAʺ TLP, located in Mississippi Canyon Block 807, within the Gulf of Mexico, is being expanded to provide additional living and office space for ...

MAY 30, 2012 — Troms Offshore Supply, Tromsø, Norway, has taken delivery of newbuild no 773 at STX Søviknes shipyard in Norway.  The ship will be given the name MV Troms Sirius in a May 31 naming ceremony in Stavanger. Troms Sirius is a Clean Design diesel electric PSV (Platform Supply  Vessel) with a deck area o ...

MAY 28, 2012 – Hyundai Heavy Industries (HHI), has won a $700 million order to build a semi-submersible drilling rig for Fred Olsen Energy. Hyundai Heavy, as a turnkey contractor, will undertake all works including engineering, procurement and commissioning for the project. The contract also includes an option exer ...

MAY 25, 2012—This summer, the Marine Well Containment Company (MWCC), Houston, TX, will conduct a live drill to deploy its new capping stack well control equipment in the Gulf of Mexico as part of an exercise to demonstrate the drilling industry’s ability to respond to a deepwater blowout similar to the Deepwater Horizon incident. 
  
The exercise ...

May 24, 2012 --Aberdeen, Scotland, based Nautronix has been awarded a contract to supply NASDrill RS925 deepwater acoustic positioning systems for Rowan's new ultra-deepwater drillships. The vessels wi ...

MAY 21, 2012 — Offshore services giant Tidewater Inc. (NYSE:TDW) announced today fourth quarter net earnings for the period ended March 31, 2012, of $33.6 million, or $0.66 per common share, on revenues of $289.4 million. For fiscal year ended March 31, 2012, net earnings were $87.4 million, or $1.70 per common share, on rev ...

MAY 20, 2012—Rolls-Royce has secured a £6 million contract to provide an integrated design, power & propulsion and equipment systems package for a 76.6 m offshore supply vessel (OSV) to be built at Norwegian shipyard Simek AS for shipowner Atlantic Offshore AS. The vessel is a Rolls-Royce UT 755 LC design and will be supplied by Roll ...