CAL DIVE OFFSHORE CONTRACTORS INC.
Cal Dive Offshore Contractors Inc. was a company that specialized in subsea contracting services, primarily focusing on the offshore oil and gas industry. Here are some key points about the company:
Historical Background
- Established: Cal Dive International, Inc. was initially founded in 1975. The company had a subsidiary named Cal Dive Offshore Contractors Inc. which operated as part of its broader scope.
- Headquarters: Houston, Texas, USA.
- Industry: The company was involved in the oil and gas sector, particularly providing services related to underwater construction, maintenance, and decommissioning.
Services Offered
- Subsea Construction: Installation of underwater pipelines, structures, and other infrastructure essential for the extraction and transportation of oil and gas.
- Inspection, Maintenance, and Repair (IMR): Offering services to ensure the integrity and functionality of subsea installations.
- Decommissioning Services: Safe and environmentally responsible deactivation of offshore installations no longer in use.
- Diving Services: Utilizing commercial divers and sophisticated diving support vessels to perform complex underwater tasks.
- ROV Services: Use of remotely operated vehicles to perform tasks in underwater environments that are too hazardous for human divers.
Fleet and Technology
- Cal Dive Offshore Contractors Inc. maintained a fleet of specialized vessels equipped with advanced technology for underwater operations. These included dynamically positioned (DP) ships capable of maintaining a fixed position without anchors, sophisticated diving support vessels (DSVs), and ROVs.
Challenges and Bankruptcy
- Market Volatility: The offshore oil and gas industry is highly sensitive to fluctuations in oil prices, and companies like Cal Dive Offshore Contractors Inc. often faced significant market volatility.
- Bankruptcy: Faced with financial difficulties, the parent company Cal Dive International filed for Chapter 11 bankruptcy protection in March 2015. This was largely due to a downturn in the oil and gas industry, project delays, and other financial pressures.
- Asset Sales: As part of the bankruptcy proceedings, the company sought to sell off assets to pay creditors and restructure its operations.
Legacy and Impact
- Despite the challenges, Cal Dive Offshore Contractors Inc. played a significant role in the offshore oil and gas sector during its operational years. It contributed to the development of underwater technology and techniques that continue to influence the industry.
It's important to note that while the entity faced financial troubles, the expertise and technology developed by Cal Dive have been absorbed and continue to be used by other companies and new ventures in the subsea contracting field.
Ships
KESTREL
Special Purpose Vessel | Flag: Republic of Vanuatu | Port: PORT VILA
AMERICAN TRIUMPH
Offshore Supply Vessel | Flag: United States of America | Port: NEW ORLEANS, LA
AMERICAN VICTORY
Offshore Supply Vessel | Flag: United States of America | Port: NEW ORLEANS, LA
DANCER
Offshore Supply Vessel | Flag: United States of America | Port: NEW ORLEANS, LA
RIDER
Barge | Flag: United States of America | Port: NEW ORLEANS, LA
AMERICAN STAR
Offshore Supply Vessel | Flag: United States of America | Port: NEW ORLEANS, LA
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