Oil & Gas

JULY 18, 2012 —Korea's Hyundai Heavy Industries (HHI) recently was awarded a Letter of Intent (LOI) to construct the spar hull for a gas production platform from Statoil in a consortium with Technip. The total contract value for this project is about $700 million. The official contract signing is expected to take place ...

JULY 16, 2012 — The Coast Guard is continuing to investigate an incident in which a drillship on charter to Shell for Alaska drilling operations apparently dragged anchor Saturday, July 14, and drifted toward shore near Unalaska Island. Shell said yesterday that the i ...

JULY 16, 2012 — Kleven Maritime has signed a contract with Remøy Shipping for the construction of an LNG-fueled platform supply vessel. The contract has a value of about NOK 400 million for Kleven Maritime and includes contains an option for a second vessel. The vessel will be built to Wärtsilä Ship Design's VS 4412 DF PSV design ...

JULY 13, 2012—Atlantic Towing, Limited (ATL), St. John's, New Brunswick, recently purchased a new 16,300 bhp Anchor Handling Tug Supply (AHTS) vessel  from Singapore's Jaya Holdings Limited. The as-yet-to-be-named vessel  is a Wartsila VS 4622 design. Jaya is currently building two 16,000 bhp AHTS vess ...

JULY 12, 2012 — Statoil has awarded Technip a letter of intent for construction of the hull for the world's largest Spar platform on the Aasta Hansteen field in approximately 1,300 meters (4,250 feet) of water depth. The project will be led by Technip in a consortium with Hyundai Heavy Industries (HHI). Wi ...

july 12, 2012—Offshore Ship Designers’ UK division OSD-IMT has been awarded a contract to supply the design for a modified version of its IMT 982 Platform Supply Vessel to be built at the new shipyard facility of Honghua Offshore Oil & Gas Equipment in Jiangsu, China.The Platform Supply Vessel (PSV) contract was secured ...

JULY 10, 2012 — Drydocks World, Dubai, has completed maintenance and upgrade work on Abu Dhabi-UAE based National Drilling Company's (NDC) jack-up cantilever type self elevating drilling platform, Delma. Drydocks World has repaired over a 100 rigs since operations began and has been implementing more projects for th ...

JULY 10, 2012 — Keppel Kazakhstan and its consortium partner Ersai Caspian Contractor have secured a contract from Teniz Burgylau for a KFELS B Class jack-up rig worth $242 million. Scheduled for delivery in first quarter 2015, the jack-up rig will be deployed in the Caspian Sea when completed. Mr. Chow Yew Yuen, C ...