Keppel FELS Limited (Keppel FELS) has secured a contract to build an enhanced KFELS Super A Class harsh environment jackup rig from Ensco plc for US$245 million. The rig is scheduled for delivery in 3Q 2014. This contract arose from the exercise of an option which was part of Ensco’s order of two KF
Bluefin Robotics, a leader in the design and manufacturing of Autonomous Underwater Vehicles (AUVs) announced this week that the company will be offering in-water demonstration of the Bluefin-21 AUV at the RESON User Conference to be held 31 October to 3 November at the Hyatt Regency Jersey City on
Seadrill has entered into a Memorandum of Understanding with a major oil company for a five-year contract for operations in North America with the ultra-deepwater semi-submersible rig West Capricorn. The potential contract value for the firm five-year period is US$919 million, which includes a US$30
The Joint Rescue Coordination Centre finished the search for a 48-year-old man who is missing on the Visund platform yesterday at 18:00 hrs., concluding, on an overall basis, that it is not likely to find the man alive in the sea. Statoil will continue to search the waters , using the Stril Herkules
Keppel FELS Limited (Keppel FELS) has secured a contract to build an enhanced KFELS Super A Class harsh environment jackup rig from Ensco plc for US$245 million. The rig is scheduled for delivery in 3Q 2014. This contract arose from the exercise of an option which was part of Ensco’s order of two KF
Nautilus Minerals Inc has received gross proceeds of C$27.6 million from the issue of the second tranche of shares forming the final part of the private placement announced in August. A total of 10,940,004 shares was issued today in the second tranche at the issue price of C$2.52 per share. The shar
The Great Eastern Shipping Company Ltd. (G E Shipping) delivered its 1982 built General Purpose product carrier “Jag Pari” (about 29,100 dwt) to the buyers. With the delivery of this vessel, the Company’s current fleet stands at 35 vessels, comprising 25 tankers (9 crude carriers, 15 product carrier
Fairmount Marine’s tug Fairmount Alpine has delivered the semi submergible drilling rig Ocean Yorktown safely in Brownsville, US, after a 5,400 miles tow from Rio de Janeiro, Brazil. Fairmount Marine was contracted in July by Diamond Offshore, a leading deepwater drilling contractor headquartered i
Buccaneer Energy Limited announces that Houston based Archer Drilling, LLC (“Archer”) has been selected as the preferred operator of the Adriatic XI. This selection comes after a competitive tender process in which Archer demonstrated significant experience and expertise in operating a large number
FPSO OSX-1, the first floating production, storage and offloading unit in OSX’s fleet, arrived today in Rio de Janeiro, successfully completing its journey from Singapore to Brazil. The journey lasted 45 days, as anticipated by the Company. FPSO OSX-1, the first floating production, storage and offl
Fairmount Marine’s tug Fairmount Alpine has delivered the semi submergible drilling rig Ocean Yorktown safely in Brownsville, US, after a 5,400 miles tow from Rio de Janeiro, Brazil. Fairmount Marine was contracted in July by Diamond Offshore, a leading deepwater drilling contractor headquartered in
Dominion announced that it has agreed to farm-out a 20% working interest in Block 7, deepwater Tanzania to a subsidiary of Mubadala Oil & Gas (“Mubadala”). Following the completion of the transaction Dominion will hold an 80% working interest and operatorship in the Block. Under the terms of the agr
Ithaca Energy Inc. reports 2011 third quarter production, as well as changes to production reporting following the acquisition of the Cook field and in anticipation of first production from the Athena field. The Company will present the Athena project in London on October 11 2011; Export Production
The number of young people working on Britain’s offshore oil and gas installations is rising, according to statistics released yesterday (7 October) by the industry trade association Oil & Gas UK. The 2011 Workforce Demographics Report shows a rising trend over the past five years in the overall num
