Schlumberger, IHS Markit partner to provide E&P data on GAIA digital subsurface platform

first_img Image: The GAIA platform enables clients to manage their exploration portfolios in line with their corporate strategies. Photo: courtesy of Schlumberger. Oilfield services company Schlumberger and IHS Markit, a global provider of information, analytics, and solutions. are partnering on the GAIA digital subsurface platform.The partnership between WesternGeco, the seismic and geophysical data solutions division of Schlumberger and IHS Markit will combine their data, technology, and expertise on exploration and production (E&P) information and make it available through the GAIA digital subsurface platform.WesternGeco introduced the GAIA platform to speed up data discovery, screening and ranking of their clients’ exploration opportunities by providing access to all relevant and licensed data.WesternGeco president  Maurice Nessim said: “As we embrace openness, our strategic collaboration with IHS Markit enables our clients to take advantage of a wealth of data, accessible through the GAIA platform, where the latest digital technologies can be used to unlock data value for critical business decisions.“Our relationship extends beyond providing access to seamlessly integrated IHS Markit data, WesternGeco multiclient libraries, and public and partner data—all in one place. It also includes collaboration in petrotechnical and data science R&D to rapidly deliver new data solutions on the GAIA platform.”GAIA platform is powered by DELFI cognitive E&P environmentThe GAIA platform, powered by the DELFI cognitive E&P environment, transforms the explorationist’s productivity and experience.Initially, IHS Markit will provide direct access to its global E&P datasets, including well, production and asset information from within the platform.The amalgamation and visualisation of critical content is expected to lead to new insights, enhanced workflows and improved efficiency in the exploration, development and production of oil and gas resources.IHS Markit senior vice president of Energy Upstream said: “Bringing critical data sources together to help our clients improve efficiencies and extract more value from their assets is the primary goal of this endeavour. Since speed to decision is such a critical issue and data volumes continue to expand rapidly, clients will benefit from the increased use of artificial intelligence and various data science technologies to more quickly interrogate our global E&P database in new ways.”In September, Schlumberger and TGS had announced a new 3D multiclient reimaging project in the Egyptian Red Sea.The project involves reimaging data from three overlapping seismic surveys totaling 3,600km2 that were acquired between 1999 and 2008. The GAIA platform, powered by the DELFI cognitive E&P environment, transforms the explorationist’s productivity and experiencelast_img read more

Galilee Energy accelerates Kumbarilla gas project in Australia

first_img Image: Galilee expects the initial programme to provide early definition of the CSG potential at Kumbarilla project. Photo: courtesy of skeeze from Pixabay. Australian oil and gas explorer Galilee Energy has accelerated its initial drilling at Kumbarilla gas project in Queensland, to more than one year ahead of schedule.Spread over 384km², the Kumbarilla exploration tenure has dual prospectivity in both the Walloon Subgroup coal seam gas (CSG) fairway and the oil and gas prone eastern flank of the Taroom Trough in the Bowen basin.Drilling to commence in Q1 2020 at Kumbarilla projectDrilling at the Kumbarilla project is scheduled to commence in Q1 2020, and involves three core-holes that target the interpreted Walloon Subgroup CSG “sweet spot”, where prospectivity is estimated to be highest.Galilee Energy plans to undertake extensive formation and flow testing at each core-hole to acquire core across the complete 300m of Jurassic coal-bearing stratigraphy.The firm expects the initial programme to provide early definition of the CSG potential at Kumbarilla as well as support acceleration of the subsequent exploration programme that would advance maturation of the Contingent Resource base to Reserves.In August 2019, MHA Petroleum Consultants has independently certified a total of 504 PJ of CSG 2C contingent gas resource+ in the Walloon Subgroup, confirming Kumbarilla’s material prospectivity.Galilee is currently nearing completion of 667km of 2D regional seismic reprocessing for the Kumbarilla project, to improve visualisation of structural elements for enhanced coal seam gas fracture permeability.Galilee managing director Peter Lansom said: “Acceleration of the exploration program by more than twelve months reaffirms Galilee’s confidence in the prospectivity of the Kumbarilla project and the company’s drive to deliver material CSG and conventional oil and gas reserves to a structurally short east coast gas market.“Acquiring early, high-quality core and seismic data is integral to fast-tracking success and is consistent with Galilee’s approach to each of its exploration assets.”Galilee Energy was granted 100% working interest in the Kumbarilla prospect for a term of six years, following tender as part of the Queensland Government’s 2019 new petroleum resource areas release.Last year, Galilee Energy has reported first production of CSG from a pilot programme at the Glenaras gas project in the western portion of the Galilee Basin in central Queensland. Galilee is also nearing completion of 667km of 2D regional seismic reprocessing for the Kumbarilla projectlast_img read more

Wärtsilä to deliver advanced emissions abatement technology for two new shuttle tankers

first_img The two new shuttle tankers for the KNOT Group will feature Wärtsilä’s unique technology combining VOC recovery with an LNG fuel gas supply system. (Credit: Wärtsilä) The technology group Wärtsilä’s emissions abatement technology is again recognised with a new order. The company will provide its Volatile Organic Compounds (VOC) Recovery System, together with an LNG Fuel Gas Supply System, for two new 124,000 DWT shuttle tankers. The ships have been ordered by Knutsen NYK Offshore Tankers (KNOT), a leading independent owner and operator of shuttle tankers, and will be built at the Daewoo Shipbuilding & Marine yard in Korea. The order with Wärtsilä was placed in April.With this technology, the liquefied VOC is mixed with LNG and used as fuel for the main and auxiliary engines. By using LNG as the primary fuel and supplementing this with the energy recovered from the VOC, these vessels will be able to lower their emissions of CO2 equivalents by 30 to 35 percent, a minimum of 30,000 tons per year, compared to conventional oil-fuelled shuttle tankers. These savings are roughly the equivalent of the total emissions from approximately 20,000 cars.“Wärtsilä has developed its VOC abatement technology over the past 20 years, and our competence in this field is unmatched in the marine sector. It means that for these vessels, with the combination of Wärtsilä’s VOC Recovery and LNG fuel systems, they will not only be extremely sustainable environmentally, but will also be commercially attractive. The VOCs that would otherwise be emitted to the atmosphere can instead be burned as fuel,” says Hans Jakob Buvarp, General Manager, Sales, Wärtsilä Marine.“Our industry is rapidly changing towards greater environmental awareness and improved operational efficiency. These two new ships will reflect this change, thanks largely to Wärtsilä’s advanced technology. They will truly represent the new generation of shuttle tankers, with vastly reduced emissions and lower fuel costs,” says Jarle Østenstad, New Building Director, Knutsen OAS.The Wärtsilä solutions will be delivered to the yard commencing in November of this year. When delivered, the tankers will operate in the North Sea oil fields. Source: Company Press Release The Wärtsilä solutions will be delivered to the yard commencing in November of this yearlast_img read more

Less parking, more space says developer

first_imgModernise parking, CIL and space standards to build more homes, says Moda Living.Moda Living, a developer and operator of homes for rent, with major schemes in six UK cities, has called for greater flexibility around stringent planning demands for car park spaces.In its response to the housing white paper consultation, the company said that overly restrictive car parking standards requiring inappropriate levels of car parking, exceed the requirements of the Build to Rent market as renters are increasingly “asset-light” choosing to use ride share companies like Uber or car hire brands like Zip Car.Moda Living has a pipeline of 5,000 homes across the UK’s biggest cities, it also wants reform of overly restrictive national residential space standards.Tony Brooks, Managing Director of Moda Living, said, “Huge investment is going in to considerable shared areas that residents will be free to access. It’s essential these things are considered when planners are totting up the amount of space a resident has access to. Given the choice between a tiny private balcony you can’t fit a table on to or having a slice of a much bigger, shared space, it makes sense that we consider how we can offer people a higher standard of living without a “computer says no” approach to space standards.”Select Committee reports on housebuildingDavid StapletonA new report from the Communities and Local Government Select Committee calls for the dominance of large volume homebuilders to be reduced to aid the housing market and build more homes. David Stapleton, CEO and founder of TenderSpace, an online platform that helps SME contractors manage, grow and protect their businesses, has welcomed the report and believes technology will play a big role in opening up the market.“We agree with the Select Committee that the Government should support small and medium sized builders and ensure local authorities have the tools they need to make an effective contribution to solving the housing crisis,” says David. “SMEs drive competition, innovation and value in the marketplace and supporting them is crucial to the future of the housebuilding industry.”SMEs drive competition, innovation and value, supporting them is crucial to the industry.The report notes that the eight largest firms build more than half of all new homes and calls for a more competitive market, with a large number of companies of different sizes. The Committee recommends improving access to land and finance for smaller builders and says Government should reduce the risk for builders and prepare sites for development by providing infrastructure and planning permissions.The report can be found at www.publications.parliament. uk/pa/cm201617/cmselect/ cmcomloc/46/4611.htm Big deal in NottinghamA multi-million pound residential scheme earmarked for Nottingham has been given the go-ahead from councillors.Maryland Securities’ residential led scheme in Alfreton Road in the city will transform a three-acre former lace factory site to a major mixed-use scheme of housing and shops.Called Avitus, the scheme is expected to create around 650 jobs during construction and an additional 100-plus permanent jobs in various sectors while injecting £124 million during construction and £26 million from retail and other sectors to the economy.Nottingham City Council planners gave the scheme the seal of approval.Jacob Jebreel, head of Manchester-based Maryland, said, “We are delighted planning has now been secured and look forward to progressing the development which will breathe new life into one of the city’s major arterial routes.David Hargreaves of FHP and FHP Living, advising on the scheme, said: “What Jacob Jebreel of Maryland has achieved is a game changer for this part of Nottingham.“The development of a new high quality residential quarter here of this scale will totally change the area and significantly enhance the approach in to the city centre along the A610 which is one of the main arterial roads into Nottingham.”Period living in PaddingtonLondon property developer Linton Group has announced the launch of Parker House, located on Paddington’s Cuthbert Street, with 19 refurbished luxury units. The homes start at £570,000 and are due to be ready for occupation later this year.Designed by Clive Sall Architecture, the sleek modern interiors will bring the apartments into the 21st century, whilst retaining the building’s unique period charm with a brick façade, dormer roof and timber sash windows.The flats range in size from 436 to 1286 sq. ft with ceiling heights of up to 3.4m. Most have private access to outdoor space, from ground floor courtyards to balconies and terraces. New residents are also eligible for a 25 year Car Club subscription and secure cycle storage.Parker House, previously known as 5A Cuthbert Street, was named after the architect of the original building.Gary Linton, Founder & Managing Director of Linton Group said, “This is such an exciting time for Linton Group, we always strive to set the benchmark for quality in the area and we believe we have done so with Parker House. Paddington is a very exciting area to be working in at the moment and we are extremely proud of the scheme.”New build woes in LondonBattersea Power Station is re-examining its “delivery priorities with a view to easing the financial burden”. It has reportedly reached a “critical stage” and written down its projected investment returns (IRR) from 20 per cent to 8.29 per cent. It is also moving some of the proposed affordable homes to a later phase and is introducing a review mechanism to determine the amount of affordable housing that the scheme can viably deliver.Battersea isn’t alone. LCP’s latest analysis of Land Registry Data on new build sales highlights the picture in 2016 for Prime Central London and Inner London:In Prime Central London, 44 per cent of all the new flat sales in 2016 took place in Q1 as buyers rushed to beat the deadline for the new additional rate Stamp Duty. This was the highest number of new build sales recorded for any previous quarter.However, completed sales of new build flats were down 41.4 per cent by the end of 2016, compared to the previous year. Average prices for new builds also fell 8.7 per cent to £1.9m.Naomi Heaton, CEO says, “Whilst the story for new builds in PCL, particularly luxury property, looks grim, these represent a very small proportion of the PCL market due to the lack of development possibilities. There were only 867 new build sales in 2016, representing just 14.6 per cent of total property sales.”One rich picking left in The Fruit MarketNottingham’s first ever group custom build community – in which buyers can design the layout and look of their home with an architect – has proved extremely popular with buyers to date, with only one home remaining in phase one.The Fruit Market, located on Bath Street in Sneinton, will comprise 40 sustainable and architecturally unique homes. Nottingham-based property developers Blueprint, invites interested home buyers to find out more about the community at an event in the city centre.They will learn more how they can get involved in current and future phases and work alongside Nottingham architects Letts Wheeler to shape their dream home and collaborate with their neighbours to design shared spaces.The £8m project is just a few minutes’ walk from the city’s cultural hub of Hockley, on the doorstep of Victoria Park – one of Nottingham’s largest green spaces – and next door to the redeveloped Sneinton market.Development Manager Alec Hamlin said, “Group custom build is still a relatively new way of building houses in the UK, but is a proven r concept in Northern Europe. It offers homebuyers the chance to shape the spaces and community that they will live in, without the headache of starting from scratch.”Plans for new Garden VillagePlans to create a new Garden Village for the South have reached a key milestone, as Buckland Development Limited (BDL) submits its outline planning application for a 6,000 home new community north of Fareham.The application is the result of years of planning by BDL, a Hampshire-based development company that represents the vision and aspiration of Mark Thistlethwayte (Southwick Estate), who is the majority landowner of the Welborne area. Mark is Chairman of BDL working on the Welborne project with his team for nearly a decade. He is also involved in another major development scheme locally (Berewood, at Waterlooville) with Grainger plc.Welborne was included in the list of Government-backed Garden Village settlements announced by Housing and Planning Minister Gavin Barwell MP in January 2017.Patrick Clarke, Director, AECOM, who has led the masterplanning on Welborne for BDL since 2008, said:“As one of the first 21st Century Garden Villages, Welborne represents a new generation of sustainable communities. Our masterplan combines the principles that inspired the UK’s original and ever popular Garden Cities with best practice design approaches appropriate for today’s context.”In addition to 6,000 new homes, Welborne will include a village and district centre with a variety of retail, commercial and employment uses plus primary and secondary schools, healthcare facilities, and extensive green infrastructure with sports pitches, public open spaces, parks and woodland.garden village housebuilding Moda Living Maryland Securities Paddington Battersea Power Station SMEs The Fruit Market July 13, 2017The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Land & New Homes » Less parking, more space says developer previous nextLand & New HomesLess parking, more space says developerThe Negotiator13th July 201701,156 Viewslast_img read more

A Question of Property: Russell Quirk, CEO of eMoov

first_imgHome » News » A Question of Property: Russell Quirk, CEO of eMoov previous nextA Question of Property: Russell Quirk, CEO of eMoovThe controversial industry figure talks disruption, online market share, Countrywide, EweMove and tech with Nigel lewisNigel Lewis26th October 201701,730 Views Are online agents like yours really gaining market share?Yes, Rightmove figures show the share of online agents has increased from 2.5% in early 2015 to 6.5% today – that’s an increase of more than 100% in two years.We have data that shows, depending on area, the propensity for people to use an online agent is increasing at a significant rate.I believe it’s all about tipping point. If you talk to business experts, they believe it’s somewhere around 12% market share. We are rapidly moving towards that.Where’s this growth coming from?Look at Countrywide and Foxtons. Their listings and revenues are dropping while the decent online operators such as Purplebricks, Yopa and ourselves are growing our share and numbers in absolute terms in a market that is down by 30%.Some say it’s all fuelled by investors’ cashYes, it is a question of cash but it’s also about proposition and execution – I think there will be two or three winners in this market.Investors are getting fickler and I know of one online agent which is struggling to raise funding now.But it’s more about that if there are ten competitors in a new market, a lot of investors will wait and see who the top three or four successful ones are and then back them – while the others will fade and die. No one wants to back horse number five. We’ve just raised £9 million.Won’t the high street just adopt tech and make online agents pointless?Well, the Countrywide attempt to launch its own hybrid offering appears to have been a total disaster because in my opinion it was never meant to be serious – and was more of a way to lure in customers to then pay higher fees.The LSL investment in YOPA is more interesting and was a good thing for them to do in principle. But Martin & Co’s Ewemove acquisition – it just isn’t disruptive; I think they’re merely charging the customer a big fee using a bit of technology via a franchise, whereas we charge the consumer a much lower fee with much better value and performance, service and better accessibility all via technology. That’s disruption.I think Foxtons, Countrywide and the other ‘verticals’ must embrace the fact that their customers want choice and that technology can reduce costs and increase customer satisfaction. The reason they don’t do that is because they don’t understand tech.But I think in five years the tech and the high street could become blended and we’ll have the position you have in the travel industry now – same holidays, but delivered via online brands like Trivago.I think the big verticals like Countrywide are vulnerable to technology-led smaller companies disrupting their markets. Think Blockbuster during the 1990s, which considered itself unassailable and didn’t embrace transformational technology.Don’t take my word for it – look at the Countrywide share price; down from £6.80p five years ago to £1.20p today – that’s not cyclical, it’s structural.Purplebricks LSL A question of property Russell Quirk Countrywide Emoov EweMove YOPA October 26, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

Both Purplebricks and OpenRent change claims made on their websites following ASA investigations

first_imgTwo of the UK’s largest online agents have been reported to the Advertising Standards Authority (ASA) about misleading claims on their websites.The first is Purplebricks, its 11th referral since it started up in 2015. A complainant challenged whether the way the company provides information about its standard fee of £849 was misleading.An icon is positioned next to text saying “our standard fee £849” which, when hovered over, pops up with the text: “This is our standard fee for everywhere outside of London and surrounding areas, where we charge £1199 inc VAT. Around 40% of our customers pay us a fixed fee of £300 to cover ALL viewings”.The complainant understood that the average fee was therefore likely to be higher than £849 and challenged whether this was misleading.The ASA says it agreed, saying that “we noted that it was only when a user hovered over the icon that information about the additional cost for the viewing service became visible”.“We approached the advertiser with our concerns and they agreed to amend their website.”Instead, the Purplebricks site now says “viewing service is optional £300” on the main page, rather than as a pop-up.OpenRent complaintThe second online agent referred to the ASA is OpenRent, which claims to be the largest lettings agents in the UK by listings volume.Two people complained about a video featured on its website during which the claim was made that “with OpenRent you have access to sites such as Rightmove, Zoopla, Gumtree and more, so your advert will be seen by literally [sic] millions of potential tenants”.The video also claimed that landlords made an average saving of £3,118 when using the site.After being approached by the ASA, OpenRent agreed to remove the “millions of potential tenants” claim, and amend or remove the ‘savings’ claim. OpenRent appears to have taken the latter option.hybrid estate agent Purplebricks online letting agent openrent advertising standards authority asa purplebricks February 14, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » Both Purplebricks and OpenRent change claims made on their websites following ASA investigations previous nextAgencies & PeopleBoth Purplebricks and OpenRent change claims made on their websites following ASA investigationsBoth hybrid/online agents were challenged over misleading claims made on their websites about standard fees and potential savings.Nigel Lewis14th February 201803,066 Viewslast_img read more

Clampdown on money laundering via property ramps up in London

first_imgHome » News » Clampdown on money laundering via property ramps up in London previous nextRegulation & LawClampdown on money laundering via property ramps up in LondonThe owners of three more properties bought for £80m in central London must now explain where their money came from or face having them confiscated.Nigel Lewis30th May 201901,043 Views The National Crime Agency (NCA) has intensified its clamp-down on money laundering within the London property market and asked the owners of three more properties in the capital to explain where their wealth comes from.Each of the properties are said by the NCA to be linked to ‘politically exposed persons’ or PEPs and the agency has now obtained Unexplained Wealth Orders from the High Court.The properties, which are said to have been bought for £80 million in total, are in prime central London and were bought via offshore companies.“The individuals behind these offshore companies now have to explain how the three properties were obtained,” says Andy Lewis, Head of Asset Denial at the NCA.Money launderingThe case highlights several of the ‘red flags’ that the Home Office has been asking estate agents to watch out for when dealing with buyers under its Anti-Money Laundering rules including PEPs and purchases involving offshore companies.The NCA has also obtained ‘freezing orders’ to prevent the properties being sold.“The purchase of prime property in London is a tactic used to launder money and we will use all the powers available to us to target those who try to do this,” says Graeme Biggar (left), Director General of the National Economic Crime Centre.The announcement by the NCA coincides with details of its first Unexplained Wealth Order against jailed Azerbaijani banker Jahangir Hajiyev and his wife Zamira who live in Knightsbridge (pictured, above).She is the woman recently unmasked as having spent over £16 million alone at Harrods over the past ten years including nearly £800,000 during one visit to its toy department.Read more about money laundering.money laundering Jahangir Hajiyev National Crime Agency Zamira Hajiyev May 30, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

Bamboo Auctions welcome new partner in 2020

first_imgBamboo Auctions join Fisher German, Hunters and Bradleys – all selling properties by online auction for the last 12 months.The platform is branded in each agent’s own styles and colours and fully integrated into their websites, so there is a seamless experience for buyers and sellers.Lee Hussell, partner at Webbers, who switched to Bamboo Auctions said, “We are really pleased to be on board and excited!”Robin Rathore, CEO of Bamboo Auctions, said, “We’re pleased to welcome these highly reputable agents to our growing list. It’s fantastic to see online auctions becoming more popular in the market.”Town and Country Perry Bishop online auctioneers Choices Lee Hussell online auctions Greenslade Taylor Hunt Bamboo Auctions Robin Rathore Webbers February 17, 2020Jenny van BredaWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Auctions news » Bamboo Auctions welcome new partner in 2020 previous nextAuctions newsBamboo Auctions welcome new partner in 2020Bamboo Auctions, an online property auction marketplace providing white labelled online auction technology to agents and auctioneers, has signed exclusive partnerships with estate agents including Webbers, Greenslade Taylor Hunt, Town and Country, Perry Bishop and Choices.The Negotiator17th February 20200325 Viewslast_img read more

Russia Starts Mooring Trial of Aircraft Carrier NS Vikramaditya

first_imgBack to overview,Home naval-today Russia Starts Mooring Trial of Aircraft Carrier NS Vikramaditya View post tag: Naval View post tag: starts March 4, 2011 Russia has started the mooring trials of the aircraft carrier INS Vikramaditya (erstwhile Russian Admiral Gorshkov aircraft carrier), at its…(brahmand)[mappress]Source: brahmand,March 4, 2011; View post tag: Carrier View post tag: Aircraft Russia Starts Mooring Trial of Aircraft Carrier NS Vikramaditya View post tag: News by topic View post tag: Vikramaditya View post tag: Russia View post tag: Navy Share this article View post tag: trial View post tag: Mooring Industry news View post tag: NSlast_img read more

BAE Systems Signs USD 37 Million Contract for US Navy’s DDG113, DDG114 Destroyers

first_imgBAE Systems has received a $37 million contract to design, install and test onboard radio communications and network capability for the U.S. Navy’s new DDG 113 and DDG 114 destroyers.The company will provide a range of services including systems engineering, production integration, logistics, crew training and configuration management. The installed technology will include multi-spectrum radio sets, antenna systems and baseband switching, as well as data-link modems and message distribution services.The contract expands upon BAE Systems’ role as an industry leader in systems development and integration for the Navy, having performed the work for more than 30 years. The company has so far provided the onboard communications for 62 destroyers and 27 cruisers equipped with the Aegis combat system.“This award continues our strong legacy of support to the Navy’s DDG program,” said Mark Keeler, vice president and general manager for Land and Electronic Systems at BAE Systems Support Solutions. “Our employees have a long and proud history of providing critical communications systems.”The contract was awarded by the Naval Air Warfare Center – Aircraft Division at the Naval Air Station Patuxent River in Southern Maryland. It includes a one-year base, plus four option years. If all of the options are exercised, the total value could reach approximately $37 million.The work will be conducted primarily at Navy facilities in St. Inigoes, Md. and at nearby BAE Systems offices. The systems will be installed at other shipbuilder sites including Pascagoula, Miss. and Bath, Maine.BAE Systems Support Solutions, based in Rockville, Md., provides a range of services to meet needs in readiness and sustainment and operational support across the land, aviation, maritime and C4ISR domains, supporting the U.S. Department of Defense and federal agencies. Support Solutions is also a leading non-nuclear ship repair, modernization and conversion company, serving the U.S. Navy and other maritime customers. Earlier this year, the company successfully executed in San Diego, Calif. the first Aegis Destroyer modernization on the USS John Paul Jones (DDG 53), followed by the first East Coast DDG modernization on the USS Arleigh Burke (DDG 51) in Norfolk, Va. BAE Systems has also modernized the USS Benfold (DDG 65) in San Diego and is in the process of simultaneously modernizing the USS Stout (DDG 55) and the USS Barry (DDG 52) in Norfolk.[mappress]Naval Today Staff, December 09, 2011 View post tag: News by topic View post tag: Signs View post tag: Naval December 9, 2011 Industry news View post tag: For View post tag: contract View post tag: USD Back to overview,Home naval-today BAE Systems Signs USD 37 Million Contract for US Navy’s DDG113, DDG114 Destroyers View post tag: million View post tag: DDG114center_img View post tag: Navy’s View post tag: Systems View post tag: Navy View post tag: 37 View post tag: DDG113 View post tag: Destroyer’s View post tag: BAE BAE Systems Signs USD 37 Million Contract for US Navy’s DDG113, DDG114 Destroyers View post tag: US Share this articlelast_img read more

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