Category archives for: Offshore News

Seadrill, Rosneft Deal Moves Ahead Despite Sanctions

Seadrill, Rosneft Deal Moves Ahead Despite Sanctions

North Atlantic Drilling Ltd., a subsidiary of Seadrill, has announced that 6 binding offshore contracts have been executed with the Russian oil giant Rosneft Oil Company. The total revenue potential for the six contracts exclusive of mobilization is approximately USD 4.25 billion.   According to the agreement, any break rights expire after 100 days. The executed contracts include 5 year […]

Russia Cashing In on Its Oil and Natural Gas Sales

Russia Cashing In on Its Oil and Natural Gas Sales

Sales of Russia’s crude oil, petroleum products, and natural gas accounted for 68% of Russia’s total export revenues in 2013, based on data from Russia’s Federal Customs Service.   “Russia received almost four times as much revenue from exports of crude oil and petroleum products as from natural gas. Crude oil exports alone were greater […]

Saipem Snares Multiple Contracts

Saipem Snares Multiple Contracts

Saipem has been awarded new drilling contracts in Indonesia, Nigeria, the Arabian Gulf and Latin America worth approximately USD 850 million of which USD 540 million are related to offshore activity and refer to four different units of Saipem’s fleet.   Saipem has signed with Eni Muara Bakau B.V. a contract for the utilization of the Scarabeo […]

Choosing Body Armor for Maritime Workers

Choosing Body Armor for Maritime Workers

High risk jobs need to be faced with the correct levels of protective clothing. In the case of maritime personnel, body armor is one form of protection that should not be overlooked. The fact that there’s an increased level of difficulty in determining just when a threat may be faced, prepared maritime security personnel will […]

RS Turns to Baku Shipyard for Newbuilds

RS Turns to Baku Shipyard for Newbuilds

Russian Maritime Register of Shipping (RS) has signed a contract with Baku Shipyard LLC for the construction of three 38М high speed crew boats (designer – SHIPTECH, Singapore) for Azerbaijan State Caspian Sea Shipping Company. Construction is set to begin in August 2014 and the boats should be delivered to the customer by May 2016. […]

Höegh’s FSRU Lampung Operational

Höegh’s FSRU Lampung Operational

The PGN FSRU Lampung project offshore Indonesia reached an important milestone when the unit, along with its associated mooring and pipeline to shore was deemed mechanically complete and commenced commercial operation for its client Perusahaan Gas Negara (PGN), on July 21, 2014.   The PGN FSRU Lampung further completed receiving its first cargo of LNG through a Ship-To-Ship (STS) […]

Surge of Orders for Danelec Marine

Surge of Orders for Danelec Marine

Danelec Marine has received orders to supply Voyage Data Recorders (VDRs) and Electronic Chart Display and Information Systems (ECDIS) for 18 offshore support vessels in China.   The orders were taken by Danelec’s distributor Xiamen Huayi. The ships are under construction at a shipyard in Fujian province. Danelec Marine has seen a surge of business […]

MUAWA Wary of Chevron’s Commitment to Safety

MUAWA Wary of Chevron’s Commitment to Safety

International speakers highlighted concerns about the safety of Chevron operations at a public meeting attended by over 300 people in Perth, Western Australia.   The forum, hosted by the Maritime Union of Australia (WA Branch) and the International Transport Workers’ Federation, featured Mike Smith, a union official from the United Steelworkers’ Union Local 5 in […]

Photos: Oil Spill Response in Pechora Sea

Photos: Oil Spill Response in Pechora Sea

Oil spill response exercises were conducted July 17-18 at exploration well No 3 of North-Dolginskoye oil field drilled by semi-submersible jackup drilling rig GSP Saturn on the continental shelf of Russia in the Pechora Sea, Russian Marine Emergency Rescue Service (Gosmorspassluzhba) said.   The oil spill response team was membered among others by multipurpose salvage […]

Readers’ Picks of the Week (July 21- 25, 2014)

Readers’ Picks of the Week (July 21- 25, 2014)

VIDEO: Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat, Dockwise, a wholly-owned subsidiary …Read more Dockwise Vanguard to Transport Costa Concordia Wreck? Dockwise Vanguard may be the solution for the transportation of Costa Concordia wreck to the scrapyard, since the […]

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