One person died in Skipsbyggerhallen at Aibel’s yard in Haugesund on Tuesday. According to a press release issued by Aibel, one of the largest oil service companies in Norway, the circumstances surrounding the incident are still unclear. Police have completed their preliminary investigation and will resume work on Wednesday. Aibel added that it has appointed an internal [...]
Palfinger Dreggen AS has been awarded a contract for the delivery of 28 cranes to Sembcorp Marine’s subsidiary Jurong Shipyard Pte. Ltd. The contract includes the supply of cranes for a total of seven drillships to Sete Brasil, scheduled for delivery between 2014 and 2017. Palfinger Dreggen AS has also signed a contract with Technip [...]
February 14, 2013 | Posted in
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Atwood Oceanics, Inc. has been awarded a twelve-month contract extension by Salamander Energy (Bualuang) Limited (“Salamander”) for the jackup Atwood Mako. The extension is priced at a day rate of $155,000 and begins September 9, 2013. The Atwood Mako commenced its initial twelve month drilling services contract with Salamander on September 9, 2012 for operations [...]
Black Elk has recovered a body of one of the two workers who went missing after an explosion hit the company’s platform located at West Delta 32 Block, in the U.S. Gulf of Mexico approximately 17 miles southeast of Grand Isle, La. “We recovered one of the missing workers and the U.S. Coast Guard transported the [...]
Petronas, Malaysian state-controlled oil company, has exercised the 1 year optional contract for Songa Offshore’s semi-submersible drilling rig, Songa Venus. Songa Offshore, a Cyprus based drilling contractor and the owner of the rig, has revealed the information in its fleet status report for July 2012, without disclosing the value of the contract. The rig which [...]
Seadrill has received a Letter of Award for a five-year contract for the tender assist rig T18 by Chevron Thailand Exploration and Production Ltd. Start of operations is scheduled for the first quarter 2014, following the delivery to Chevron of tender assist rigs T15 and T16 during 2013. The estimated value of the five-year contract [...]
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Eidesvik has entered into sales agreements of USD 64 million for the two supply vessels Viking Surf (built 2002) and Viking Thaumas (built 2005). Both vessels are employed on contracts in Brazil. The deliveries of the vessels are expected to take place in the first half of May 2012. The company will record a gain [...]
Seadrill continues to see strong demand for modern ultra-deepwater (UDW) drilling rigs driven by high oil prices and large deep-water discoveries and increased development drilling. Specific interest, mainly from operators in West Africa and the Americas, demonstrate a trend towards higher day rates and longer term contracts. With yard costs at very attractive levels and [...]
April 30, 2012 | Posted in
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Wärtsilä Corporation announced that it has reached agreement with the Board of Hamworthy plc , a UK listed engineering company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy. Under the terms of the acquisition Hamworthy shareholders should receive 825 pence in cash [...]
November 22, 2011 | Posted in
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Statoil ASA , together with partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS, has confirmed significant additional volumes in its appraisal well in the Aldous Major South discovery (PL265) in the North Sea. The results of appraisal well 16/2-10 have increased production license PL265 estimates to between 900 million and 1.5 billion [...]
