DIAMOND OFFSHORE SERVICES
Diamond Offshore Drilling, Inc. informs it will issue its future fleet status reports each calendar quarter concurrent with the release of its quarterly earnings. Diamond Offshore has historically issued its fleet status reports on a monthly basis, but has decided to change to quarterly reporting to better protect sensitive customer and contract information in light of competitive dynamics in the offshore drilling industry, the company explained.
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 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.
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 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 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
• Diamond Offshore Drilling Limited, completed the previously announced acquisition of the third-generation semisubmersible drilling rig Omega. The rig, purchased for $65 million, has been renamed Ocean Patriot. Diamond Offshore has a fleet of 47 offshore drilling rigs currently consists of 32 semisubmersibles, 14 jack-ups and one drillship. • Diamond Offshore Drilling Inc. received a letter of intent from Murphy Sabah Oil Company Ltd
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
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.
Keppel FELS Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine, has secured three contracts worth a combined US$300 million from repeat customers. The contracts are for the construction of a KFELS B Class jackup rig from Star Drilling Pte Ltd, a Singapore-based company promoted by the companies of D.P. Jindal Group; the upgrading of the semisubmersible ENSCO 5006 for Ensco PLC (Ensco); and the upgrading of the semisubmersible Ocean Patriot for Diamond Offshore.
The newly built wind farm service vessel Windea Leibniz was delivered from Ulstein Verft to Bernhard Schulte Offshore and ICBC Leasing on February 28, and named March 2 at a ceremony in Ulsteinvik, Norway. Beginning in April, the vessel will work at the Sandbank wind farm in the German
ABS, the leading provider of classification and technical services to the offshore industry, collaborated with industry experts during its annual Special Committee Meeting held recently to discuss the ABS Rules for Building and Classing Mobile Offshore Drilling Units (MODUs)
DONG Energy has decided to retire “Vindeby”, the world’s first offshore wind farm, which 25 years ago marked the birth of the offshore wind industry. Today, offshore wind is a recognised and proven renewable energy technology
Bureau Veritas (BV) acquired Maritime Assurance & Consulting (MAC). Based in Aberdeen, MAC was established in 2010 and now has 30 employees as well as more than 40 associates. This transaction is in line with BV’s recent developments in the North Sea offshore sector
NYK, the Mitsubishi Corporation (MC), Toho LNG Shipping Co., Ltd. (Toho LNG Shipping), and Tohoku Electric Power Co., Inc. (Tohoku Electric Power) will participate in the joint ownership of a new liquefied natural gas (LNG) vessel for the Cameron LNG project in the U.S
Grand Bahama Shipyard said it enjoyed a busy 2016, performing repairs, refurbishments and retrofits on vessels from all segments of the commercial maritime industry The Caribbean shipyard Grand Bahama Shipyard Limited (GBSL) worked on 49 commercial vessels and 20 cruise ships throughout
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AdvanTec Global Innovations, parent to the Diamond Sea Glaze (DSG), Steelhead Marine (SME), Pacific Coast Marine (PCM) and Freeman Marine Equipment (FME) brands, has launched a stock door program geared to the commercial marine market.
Bibby Offshore, provider of subsea installation and services to the offshore oil and gas industry, said it has secured a long-term extension to the charter of its dive-support vessel (DSV) Bibby Topaz, owned by Volstad Maritime. The terms and conditions of the extended charter arrangement
Eying a subsea sector rebound, Lloyd’s Register (LR) aims to bring its expertise to underwater operations in offshore oil and gas as well as wind farm power generation and submarine cable markets. The provider of integrity, compliance and specialist risk consulting services has
The finalists of the 2017 Mersey Maritime Industry Awards (MMIAs) have been announced. The winners will be revealed at a prestigious black tie dinner that will have a Ministerial presence and promises to bring together the best of the maritime industry right across the Maritime
Roxtec Services AB has been audited by the classification society Lloyd’s Register and has received an official approval for inspection and maintenance services of cable and pipe transits. This approval sets new standards for long-term safety at sea.
Rig contractor Diamond Offshore Drilling Inc's Chief Executive Officer Marc Edwards said on Monday oil prices needed to be "well over $60" to spur a recovery in offshore drilling. The company's shares reversed course and were down 2.3 percent at $16
ELA Container Offshore GmbH said it has delivered two offshore living quarters to Belgium based G-Tec Offshore s.a. The containers were placed on board of the multipurpose drilling vessel MV Omalius off the coast of France. The solution on deck turned out to be very successful as the units
iSURVEY has secured a non exclusive call-off contract with Shell UK Ltd, Shell NAM, Norske Shell and Shell E&P Ireland for the provision of rig positioning and surveying services. With an effective date of 1 January 2017, the three year contract, which has the option of up to two