Cathelco have won a series of orders to supply seawater pipework anti-fouling systems for jack-up rigs which are to be built by Lamprell Energy Ltd, the UAE based provider of diversified engineering services for the offshore oil and gas industry. The anti-fouling equipment will be supplied for four jackup rigs which are being constructed at [...]
Ensco plc, a U.S.-based drilling contractor, reported diluted earnings per share from continuing operations of $1.36 in first quarter 2013, compared to $1.20 per share in first quarter 2012. Discontinued operations primarily related to rigs and other assets no longer on the Company’s balance sheet resulted in a loss of $0.05 per share a year [...]
Australia’s NOPSEMA, a Commonwealth Statutory Agency regulating the health and safety, structural integrity and environmental management of all offshore petroleum facilities in Commonwealth waters, and in coastal waters where State powers have been conferred has identified a concerning increase in dropped object events in the first quarter of 2013. Nine dropped object notifications have been received by the authority [...]
Jon Erik Borgen, CEO of Inocean, is one of the speakers at the 5th Annual Offshore Drilling Rigs Conference in Singapore. The conference takes place 8-11 April. Borgen will open day 2 with his presentation of Dalian Developer – “The World’s Largest Ultra-Deepwater Drillship with a Unique Design for Efficient and Sustainable Drilling Operation”. 6h [...]
Prosafe, a Cyprus-based owner of accomodation rigs today announced that Mexico’s Cotemar Group has awarded Safe Britannia rig a 640-day contract until the end of 2014 and that the Jasminia contract has been extended to the end of October 2013. The total value of the contract and extension is approximately USD 58.5 million. The rigs [...]
China Rongsheng Heavy Industries Group Holdings Limited has received two CJ46 jack-up rigs EPC contracts, with a total contract value of exceeding USD 360 million. The contracts mark the first jack-up rig orders received by the Group. “With sound developments made in our transformation and advancement strategy, China Rongsheng Heavy Industries is accelerating its growth into the high-end offshore equipment manufacturing field as [...]
Prospector Offshore Drilling S.A. has entered into two independent shipyard contracts with Shanghai Waigaoqiao Shipbuilding Co. Ltd (“SWS”) Shipyard in Shanghai, China for the construction of two additional high specification harsh environment JU-2000E jack-up drilling rigs. Both rigs will be designed, and fully outfitted, for operations in the United Kingdom, Netherlands, and Denmark sectors of the North Sea. The Company [...]
Sembcorp Marine’s subsidiary PPL Shipyard has secured orders for two turnkey contracts with a combined value of US$417 million for the construction of two units of jack-up rigs from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (“Oro Negro”). Scheduled for delivery at the end of the fourth quarter of 2014 and [...]
Asia Offshore Drilling Limited (“AOD”), has signed drilling contracts whereby AOD’s jack-up drilling rigs ‘AOD II’ and ‘AOD III’ will be providing drilling services to the Saudi Arabian Oil Company (“Saudi Aramco”) for operations in offshore Saudi Arabia. The drilling contracts have been entered into and will be managed by Seadrill Limited on behalf of AOD. Together with ‘AOD [...]
Standard Drilling (SDSD) has signed a separation agreement with its COO, Mike Kelley. Kelley will be relieved from his day-today responsibilities with immediate effect but will remain at the Company’s disposal until August 2013. Standard Drilling CEO, Martin Nes, says : “In light of the recent rig new build sales transactions executed by SDSD Plc. and its subsidiary companies, SDSD will not [...]