South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has held a naming ceremony for four semi-submersible rigs, Hull No. 3031, 3032, 3034, 3035, ordered by the Norwegian-based Songa Offshore. Around 290 guests attended the naming ceremony held in H quay, at the Okpo shipyard, on October 24,
Sembcorp Marine’s subsidiary PPL Shipyard has secured a US$240 million contract to build a new jack-up drilling rig from BOT Lease Co., Ltd (“BOTL”). BOTL is a leasing company of The Bank of Tokyo-Mitsubishi UFJ which is under the umbrella of Mitsubishi UFJ Financial Group. The contract value may be
Baker Hughes has posted Weekly Rig Count reports to its Investor Relations website. U.S. offshore rigs dropped both on weekly and yearly levels. BHI Rig Count: U.S. +2 to 1929 rigs U.S. Rig Count is up 2 rigs from last week to 1929, with oil rigs down 13 to 1582, gas rigs up 14 to […]
Vantage Drilling Company has reported net income for the three months ended September 30, 2014 of $751,000 or $0.00 per diluted share, excluding gains for the early retirement of debt and an upward revision to the tax provision, as compared to earnings of $6.8 million or $0.02 per diluted share for
Keppel Offshore & Marine has secured a contract from BOT Lease Co., Ltd (BOTL), an affiliated company of The Bank of Tokyo-Mitsubishi UFJ, for a KFELS Super B Class jack-up rig worth about US$240 million. Scheduled for completion at end 2016, the rig – which is provisionally named Hakuryu 15 – will
Songa Offshore SE has announced that the documentation for the USD 1.1 billion senior secured credit facility for the financing of the last two Cat D drilling rigs, Songa Encourage and Songa Enabler, has been completed and the loan agreements have been signed by all parties. The financing consists o
InterMoor, an Acteon company, has successfully completed its contract supporting the decommissioning of Anadarko Petroleum Corporation’s Red Hawk spar in the Gulf of Mexico. The Red Hawk spar is the deepest floating production platform to date to be decommissioned in the Gulf of Mexico. It is also t
Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to use Songa Dee for well plugging at Gullfaks Sør, in the North Sea. Statoil is the operator at Gullfaks Sør, located in block 34/10 in the northern part of the North Sea. The field has been developed using a subsea solut
Lundin Petroleum has announced that drilling of exploration well 6405/12-1 in PL584, in the Norwegian Sea, has started. Lundin says the well will investigate the hydrocarbon potential of the Lindarormen prospect in PL584, located 150 km northwest of Kristiansund on the Norwegian coast and approximat
Hibiscus Petroleum’s wholly-owned entity, Carnarvon Hibiscus Pty Ltd (CHPL), has signed a rig share agreement for the drilling of an exploration well located in VIC/P57 offshore Australia. The agreement is signed with Origin Energy Resources Ltd which intends to drill two wells prior to handing over
Westcon Power & Automation has signed a frame agreement with Dolphin Drilling related to inspection and maintenance of Ex-equipment on board of three drilling rigs. Westcon Power & Automation has signed a frame agreement with Dolphin Drilling AS for the use of the Westcon IRM Ex system on board of t
Maersk Drilling has reported that in a ceremony held at GMC Marine Partners yard in Mekjarvik in Norway, Anita Utseth, Senior Vice President in Det norske oljeselskab ASA had named the ultra harsh environment jack-up rig Maersk Interceptor. Maersk Interceptor is the second in a series of four ultra
Statoil has informed that the “world’s first subsea wet gas compressor station” is now ready for the final testing at Horsøy outside Bergen before being prepared for installation and hook-up to Gullfaks C in 2015. By adding 22 million extra barrels of oil equivalent from the Gullfaks South Brent res
Pipeline engineering specialist, STATS Group, has completed a complex isolation of the Forties Pipeline System in the North Sea. STATS was contracted by Apache North Sea Ltd to safely isolate the Forties Pipeline System (FPS) so that subsea isolation valves (SSIV) and piping spools could be safely i
