Denmark’s Maersk Drilling made a 3Q 2014 profit of $192 million, compared to 3Q 2013 profit of $148 million, including a gain of $73 million after tax due to divesting the Venezuela activities. Maersk Drilling divested the activities in Venezuela in September. The activity generated revenue of USD 1
BMT Group’s subsidiary BMT Scientific Marine Services (BMT) has been selected by Esso Angola to provide maintenance services for systems installed on the two Kizomba Tension Leg Platforms (TLP) offshore Angola. BMT previously installed integrated marine monitoring systems (IMMS) on the TLP and Float
As a partner in the WA-424-P Joint Venture, IPB Petroleum has received notification that the Stena Clyde semi-submersible drilling rig arrived at the Pryderi-1 location in WA-424-P, offshore W. Australia, late evening on November 6, 2014. IPB Petroleum has informed last week that the rig is en route
China’s CIMC Raffles last Friday held a keel laying ceremony for a new semi-submersible drilling rig, the Beacon Atlantic. This will be the ninth semi-submersible drilling rig built by CIMC Raffles. The ceremony was held at the company’s Yantai construction base. Beacon Atlantic is the 6th semisubme
Songa Offshore has informed that its semi-submersible rig Songa Dee is scheduled to leave the yard in Invergordon, Scotland in the week starting November 10, 2014. The rig is expected to be back on day rate 4-5 days after departure from yard to continue its contract with Statoil. To remind, Songa De
‘Largest ever subsea structure’ at Ichthys, Where did all the ‘Deepwater Horizon’ oil go?, Video of the world’s largest semi-sub taking shape, Worker crushed during Goliat construction, Statoil applies Statoil wins (UK)… ‘Largest ever subsea structure’ at Ichthys The INPEX-operated Ichthys LNG proje
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. U.S. offshore rig count remains unchanged from last week. BHI Rig Count: U.S. -4 to 1925 rigs U.S. Rig Count is down 4 rigs from last week to 1925, with oil rigs down 14 to 1568, gas rigs up 10 to 356, [
HM MOS International Limited, parent company of Millennium Offshore Services Superholdings LLC, and Seafox Group, parent company of Seafox Contractors and Workfox, will combine to form what they claim is the world’s largest offshore jack-up accommodation service vessels (ASV) and support company. Th
While some drilling contractors are struggling to get work for their offshore drilling rigs, Noble Corporation has announced two contract extensions at increased dayrates. According to the company’s latest fleet status report, Saudi Aramco oil company has extended contracts for Noble’s two jack-up d
Transocean Ltd. has announced that it expects its third quarter 2014 results to include a non-cash charge of $1.97 billion related to the impairment of goodwill. The charge, the offshore drilling contractor has explained, is the result of impairment testing conducted due to the decline in the market
Baker Hughes Incorporated has posted the international rig count for October 2014 on its Investor relations website. The international offshore rig count is up by 10 rigs when compared to last year. The international rig count for October 2014 was 1,308, down 15 from the 1,323 counted in September 2
Fincantieri and Technip in Italy signed a Memorandum of Understanding aiming to increase their joint competitiveness by starting to address Italian and Mediterranean Sea offshore markets. The agreement was signed by Marco Villa, CEO of Technip Italy S.p.A. and Giuseppe Bono, CEO of Fincantieri. This
Statoil Petroleum AS, operator of production licence 230, has completed drilling of wildcat well 7227/10-1, in the Barents Sea. Statoil was granted a drilling permit for well 7227/10-1 from the Norwegian Petroleum Directorate (NPD) in October, 2014. The name of the prospect is “Saturn”. The well was
In the first and second quarters of 2014, the Petroleum Safety Authority (PSA) Norway has carried out an audit of the management of well clean-up and well testing on the Norwegian Continental Shelf. The activity was directed at the management, planning and execution of well clean-up and well testing
