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DIAMOND OFFSHORE SERVICES

Diamond Offshore 2Q Earnings Fall

Diamond Offshore Drilling Inc., the world's largest offshore oil driller by market capitalization, reported its second quarter earnings fell more than 50 percent. Net income dropped to $53.2 million from $111.7 million in the same period of 1998. Revenues for the second quarter fell to $215.3 million from $323.5 million in the second quarter of 1998. The company did not comment in its earnings statement on business during the second quarter or on the outlook for the remainder of the year.


Keppel FELS Awarded Contract

Keppel FELS Limited (KFELS) has earned a cash bonus and another contract from Diamond Offshore Drilling Inc. to upgrade the sister rig, Ocean Rover. The $60 million project on Ocean Baroness only took 17 months and was delivered well ahead of schedule and on budget as well. While work was still in progress in November 2001, the owner, Diamond Offshore was so satisfied with the job that they awarded KFELS with the contract on Ocean Rover.


World's Biggest Floating Diamond Processing Vessel Sets Sail

The world's biggest floating diamond processing vessel will set sail for the first time within three weeks and should be in position off Namibia before Christmas, the Namibian Minerals Corporation (NAMCO) said. "This is the biggest offshore diamond processing plant in the world," NAMCO chairman Alastair Holberton told reporters on a tour of the ship in Cape Town harbor. "We expect that in its first work up year in operation it will harvest 200,000 carats of diamonds worth about $30 million


Keppel FELS Delivers its Rig to Diamond Offshore

Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M) has delivered its KFELS Super B Class jackup drilling rig to Diamond Offshore Drilling, Inc (Diamond Offshore). The Ocean Shield marks the 20th KFELS B Class drilling rig constructed by Keppel FELS since the launch of this design in 2000. It will also be the first of two KFELS B Class designed rigs commissioned by Diamond Offshore in 2005


Signal Delivers Two Rigs for Diamond Offshore

OceanAmerica_leavin_web.jpg

Signal International, L.L.P. announced the recent completion and return to service of two Diamond Offshore rigs, the Ocean Titan and the Ocean America. The LeTourneau Class 64 jackup, Ocean Titan, entered Signal’s East Pascagoula, Mississippi yard for modifications and repairs on 06 March 2009 and departed on 14 April 2009.  Meanwhile, another Diamond rig, the eight-column semisubmersible Ocean America, spent 97 days on Signal’s Dry Dock at Port Arthur


Fairmount Alpine Towed Rig Ocean Whittington to Gulf

Alpine&Whittington smallWEB.jpg

Fairmount Marine’s tug Fairmount Alpine has towed the rig Ocean Whittington from offshore Belem, Brazil, to offshore Galveston, US. For this job Fairmount Marine was contracted by the rigs owner, Diamond Offshore Drilling, for which Fairmount has performed a series of towages in recent years. Ocean Whittington is a semi submersible drilling rig for deep water operations. The rig has worked offshore the northern Brazilian coast since 2009


Four-ship Boost for Diamond 53

A Consortium led by the U.K.-based Graig Group and its China-based subsidiary have given a boost to the Diamond 53, a new, future-proof double-hull ultra-handymax bulk carrier design, by signing a letter of intent to build four vessels, with four options, at CSIC yards in China. Delivery of the first of a series of Diamond 53 type vessels is scheduled for 2004. "Double hull bulk carriers are the way forward," says Hugh Williams, CEO of Graig


Signal Awarded Diamond’s Ocean America

Signal International has been awarded a contract for Diamond Offshore’s Ocean America to perform modifications and inspections to ensure compliance with ABS Special Survey requirements. The semisubmersible will be drydocked at the company’s Port Arthur Texas yard in early 2009. The vessel will undergo inspections to the anchor chain and propeller shaft, piping modifications, sacrificial anode replacements as well as new paint for the hull and derrick.


New Damen PSV for World Wide Shipping

World Peridot (Photo: Damen)

Damen Shipyards Galati has handed over the second platform supply vessel in a series order heralding a new era in offshore construction for Damen Shipyards Group. World Peridot, built to Damen’s PSV 3300 design, has been delivered to World Wide Supply. Delivery comes just seven weeks after the handover of the first of class PSV 3300, World Diamond, and is part of a rolling six-ship handover schedule from Damen for WWS.


LR Class New Brazil-bound Damen PSV's

World Diamond: Photo courtesy of Lloyds Register

'World Diamond', the first of a series of six uniquely designed platform supply vessels (PSV), was christened recently by the ship’s godmother, Princess Margareta of Romania, at Damen Shipyards’ Galati in Romania. Each of these PSVs is classed by Lloyd’s Register and is of 3,300 dwt with a breadth of 16.2 metres and draught of 6.5 metres. The remaining five PSVs will be delivered to their owner, Norwegian offshore support company, World Wide Supply AS (WWS), later this year


Technip Further Optimizes its Subsea Assets

Proceeds from this divestment will be partially reinvested directly into Technips Subsea business

  Technip signed today an agreement to sell 100% of its North American diving assets to Ranger Offshore Inc.(1). Technip’s strategy focuses on high technology and ultra-deep water products and services. Proceeds from this divestment will be partially reinvested directly into


Rolls-Royce Secures Island Offshore Contract

VARD shipyard in Brevik

Rolls-Royce has won a $11.3 million order to provide design, integrated power and propulsion systems and equipment for an offshore service vessel for Norwegian ship owner Island Offshore. The offshore service vessel will be built at VARD shipyard in Brevik


De Beers Orders Specialized Ship from Kleven

The latest contract with De Beers brings Klevens backlog to $1.8B.

Kleven signed a contract with diamond company De Beers Marine Namibia, part of De Beers Group, on the building of a highly specialized vessel for deep water mineral exploration.   The first of its kind vessel will be of MT 6022 design from Marin Teknikk


Schlumberger Debuts StingBlade Bit

StingBlade bits increase run length and ROP while delivering improved steering response in directional applications.

  Smith Bits, a Schlumberger company, announced today the introduction of StingBlade* conical diamond element bit. StingBlade bits increase run length and rate of penetration (ROP) while delivering improved steering response in directional applications.


BOS Provides 2-5% Fuel Savings

EFS in Voayger WEB.jpg

With consistent results of 2-5% fuel savings, Keppel Offshore & Marine’s subsidiary Blue Ocean Solutions (BOS) said that it has proved that emulsified fuel can bring significant fuel savings adding to the well established NOx reduction, if done correctly


Honolulu Harbor Gets New Security Sign

The new sign in Honolulu Harbor will inform mariners of the 24/7 security zone in the harbor and whom to contact for permission to enter. (U.S. Coast Guard photo)

Construction will be completed Friday of a new sign informing mariners of the 24/7 security zone in the Honolulu Harbor and whom to contact for permission to enter, the U.S. Coast Guard (USCG) said in a press announcement. The sign, measuring 12 x 24 feet


STX Finland Delivers Cruise Ship to TUI

Mein Schiff 3

On Thursday 22 May 2014, STX Finland Oy’s Turku Shipyard handed over the first newbuild to TUI Cruises. Mein Schiff 3 is a sophisticated and highly innovative cruise ship, designed for the German premium-class cruise market.   With the production started in November 2012


75 Crowley Vessels Earn Safety Awards

Crowleys Dale Wilson, manager, marine operations; Marian Mobley, contracting officer; Dennis O’Leary, chief mate; Stephen Foster, captain; Mike Golonka, VP, ship management

Seventy-five Crowley Maritime Corporation vessels have received the Chamber of Shipping of America (CSA)’s annual Jones F. Devlin Awards in recognition of their outstanding safety records in 2013, honors given during a luncheon held last week in New Orleans, La


Russian LNG Export Plant to Award 3-cargo Tender

Photo courtesy of Gazprom

Russia's Sakhalin II liquefied natural gas (LNG) export plant will soon award a sell tender for three cargoes loading in August, two trade sources said. The cargos have been offered to long-term buyers and stakeholders in the project, not to the wider market, the sources said.


More Danube Cruises Affected by Low Water Levels

CRUISE_Oceans_OVR_VikingStar

  At least 20 river cruises have been affected in Germany on the Danube and Elbe rivers after lower than normal water levels have forced some cruise lines to undertake complex logistical maneuvers to keep tours running. Some Cruises have had to alter their itineraries


NYK Line Hosts Fleet Safety Conference

Engine Room Fire: File photo CCL 3

NYK says it has hosted a safety promotion conference for shipowners and ship-management companies at the NYK head office in Tokyo and at Imabari city in Ehime prefecture. This conference is held during July and August every year as part of the Remember Naka-no-Se safety campaign


Fugro Achieves Innovation through Integration

Photo courtesy of Fugro

When Aberdeen-based Diamond Offshore wanted to add new functionality to the existing helideck monitoring system on the Ocean Guardian drilling rig in the North Sea, Fugro developed and delivered a fully integrated, user-friendly solution to fulfill the requirements.


Selling the World's Priciest Ship...

The Zarga.jpg

Online ship intelligence and information service VesselValue.com has launched a series highlighting the world's most expensive active vessels, and this week focuses on the costliest of all: QMAX liquefied natural gas (LNG) carrier Zarga, which prices in at a whopping $221.8 million.


BW Offshore Awards SatCom Contract to Orange

SatCom dish: File photo

Provider of floating production services to the oil and gas industry, BW Offshore, says it has signed a 5-year, $12 million contract with Orange Business Services for an end-to-end satellite communication solution for its fleet of oil and gas production vessels.


Anglo-Eastern Celebrates 40th Anniversary

The Board of Anglo-Eastern, from left to right, John Denholm, CEO of J&J Denholm Ltd and BIMCO President; Benoit Timmermans, Managing Director of Bocimar Belgium N.V.; Mark Stevenson, CFO of Anglo-Eastern, Marcel Liedts, CO

  On September 4th, Anglo-Eastern celebrate it’s 40th Anniversary, in Hong Kong, concluding with an evening of fun, at the Hong Kong Maritime Museum. Among a host of VIPs, both local and international, Mr. & Mrs. Evert Maréchal, The Consul General of Belgium






 
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