Jan 2, 2011

Dockwise confirms GoM transport orders



An affiliate of Chevron USA has contracted Dockwise to transport the Jack and St. Malo platform hull from Korea to the Gulf of Mexico. The contract value is $25 million.
Dockwise has also a firm contract from Bluewater Industries, valued at $40 million, to transport the topsides for ATP's Cheviot platform in the UK North Sea from the fabrication yard in China to Europe, and to perform the associated float-over.
Among the company’s other recent orders are the transportation of the MENAdrill 1, a Super M2 jackup, from the UAE to Mexico, plus three further jackups. The total value of this program is around $13.5 million.
Early in 2011, Dockwise will transport the semisubmersible rig Noble Clyde Boudreau from the US Gulf of Mexico to Brazil. And the company has been designated contractor of choice for transportation of a topside consignment to Europe and of the jackup barge GMS Endeavour, from Abu Dhabi to Rotterdam in 1Q 2011.
André Goedée, CEO, said that 2011 would have “more of a spot market nature than 2010 and is therefore still uncertain from a backlog perspective. However markets that typically demand these kinds of services like, for example, exploration drilling seem to demonstrate more activity.”
Source: Press release

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