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Dockwise Secures USD 35 Mln in Heavy Lift Transport


dockwise200x200Dockwise Ltd. has won 10 awards for Heavy Marine Transport projects and two for engineering assignments related to a float-over for CNOOC and to Wheatstone. Total revenues for these various commitments are expected to exceed USD 35 million. The relationship between the China National Offshore Oil Corporation, (CNOOC) and Dockwise continues to grow as CNOOC (parent company of COOEC) recognizes Ocean Dynamics Ltd., (ODL), a member of the Dockwise Group of Companies, for its expertise in deepwater jacket and float-over design. ODL was awarded a contract by CNOOC for the engineering design verification of a deepwater jacket and the float-over installation of the deck. The remaining contracts relate to Port & Marine Infrastructure, whereby Dockwise is assisting in the transportation of barges (to the USA, the Netherlands and Argentina) and dredging equipment (to the Netherlands and Columbia). All of these contracts are scheduled for execution in quarters two and three 2010. Other quarter three contract awards include transporting a semi-submersible rig from Dubai to Brazil and a jack- up rig from West Africa to The Netherlands. One contract relates to a change order on a project that is already in the backlog for 2013.