Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that John T. Rynd and Kevin O. Meyers, Ph.D. have been appointed to its Board of Directors (the "Board"), effective June 23, 2011. Mr. Rynd and Dr. Meyers were appointed to fill the vacancies created by a prior resignation and the Board's decision to increase the number of its directors from seven to eight members. In addition, at the Company's Annual Meeting on June 23, 2011, the shareholders reelected Todd M. Hornbeck and Patricia B. Melcher to the Board. John T. Rynd. Since June 2008, Mr. Rynd, 54, has served as the Chief Executive Officer and President, and as a director, of Hercules Offshore, Inc. (NASDAQ: HERO), a publicly traded global provider of offshore contract drilling, liftboat and inland barge services. From July 2007 to June 2008, he served as Executive Vice President and Chief Operating Officer of Hercules Offshore, Inc. From October 2005 to July 2007, he served as Senior Vice President of Hercules Offshore, Inc. and President of Hercules Drilling Company, LLC. Prior to joining Hercules Offshore, Inc., Mr. Rynd worked at Noble Drilling Services Inc., a wholly owned subsidiary of Noble Corporation, a contract drilling company, as Vice President – Investor Relations from October 2000 to September 2005 and as Vice President – Marketing and Contracts from September 1994 to September 2000. FromJune 1990 to September 1994, Mr
Wärtsilä and MAN Diesel & Turbo enter next phase of HERCULES research project. World-leading low- and medium-speed engine manufacturers, Wärtsilä and MAN Diesel & Turbo, announce the kick off of the next phase of the extensive, long-term HERCULES research programme. The overall vision of the programme is to achieve sustainable and safe energy production from marine power plants. This next phase is made possible by funding from the European Commission
A maritime inquiry into the loss of the Norwegian supply vessel Bourbon Dolphin, which capsized and sank off Shetland with the loss of eight lives, is due to open at a Norwegian court. Smit International has issued a statement about the sinking of the Bourbon Dolphin, which capsized on April 12th whilst performing offshore services for the drill platform Transocean Rather. Subsequently, SMIT Salvage was contracted by Bourbon Offshore Norway AS
Hercules Offshore executes a definitive agreement to acquire the liftboat 'Titan 2' from a subsidiary of KS Energy Ltd. The purchase price is $42 million in cash. The Titan 2 is a 280 foot class vessel, constructed in 2008, registered and flagged in Panama, and currently located in Limbe, Cameroon. The Company expects the acquisition to close in early March 2013, subject to completion of certain customary closing conditions.
Hercules Offshore, Inc. has scheduled a conference call to discuss its second quarter 2007 financial results on August 3, 2007. The call will take place at 10:00 a.m. The financial results are scheduled to be released publicly prior to market opening in the United States on that same day.
The Bureau of Safety and Environmental Enforcement (BSEE), U.S. Coast Guard, and Walter Oil & Gas Corporation (Walter), through the Unified Command, continue to oversee and coordinate response efforts to secure the South Timbalier 220 natural gas Well A-3. Safety of personnel and protection of the environment remain the top priorities. Drilling began on the relief well Sunday using the Rowan EXL-3 jack-up rig, contracted by Walter
Keppel FELS Limited has secured a contract worth about $416m from Discovery Offshore S.A. to construct two harsh environment jackup rigs based on the proprietary KFELS Super A Class design. The rigs are scheduled for delivery in 1H and 2H 2013 respectively. The construction, marketing and operation of both units will be managed by NASDAQ-listed Hercules Offshore, Inc., which is a leading global operator of jackup and liftboat assets.
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) is continuing to oversee Apache Corp.’s source control efforts for a natural gas leak near East Cameron Block 278 Platform B. The platform is located approximately 93 miles offshore Louisiana, south of Lake Charles, in about 173 feet of water. The platform, which has not been in production for nearly a decade, is currently used to process natural gas and condensate from other facilities.
B&G announced its technical support of the world’s premier global sailing race, the 2008-2009 Volvo Ocean Race. Making its halfway stopover in Boston this month, the quadrennial competition known as the Everest of Sailing began October 2008 in Alicante, Spain and covers over 37,000 nautical miles. Supporting each team’s dedicated electronics specialist, B&G technical experts began specifying performance instrument system solutions over a year before the race began
DOF Subsea AS secures contracts in Asia, Atlantic and Gulf of Mexico regions with total value of about US$50-million. In the Asia Pacific Region DOF Subsea have secured several new contracts and extension of existing contracts with a total contract value of about US$ 20-million. The contract award will increase the utilisation of the region’s vessels Geobay, Skandi Singapore and Skandi Hercules. In the Atlantic region DOF Subsea have been awarded several new contracts and extension
Today in U.S. Naval History - March 4 1911 - Appropriation of first funds for experiments in naval aviation. 1925 - Congress authorizes restoration of USS Constitution. 1947 - Operation Highjump, air operations in Antarctica, ends.
By Balazs Koranyi, Reuters The current slowdown in offshore oil and gas drilling will last 12 to 18 months, and the market for rigs will rebound in 2015, Maersk Drilling said, providing a more optimistic forecast than other drilling firms.
Douglas-Westwood has launched the first of a new suite of quarterly products which provide unparalleled insight into global oil & gas drilling & production (D&P); the core driver of oilfield services and equipment markets worldwide
Maersk Drilling informs it has taken delivery of its first ultra deepwater drillship, 'Maersk Viking', from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. The new vessel has started its voyage to the US Gulf of Mexico where it will commence a three year contract with
Kongsberg Maritime has delivered its 50th HAIN (Hydro Acoustic aided Inertial Navigation) Reference System, to long-time HAIN user, Ocean Rig. HAIN significantly improves reference data accuracy and update rate sent to Dynamic Positioning (DP) systems to support safer
The new Wärtsilä slop water treatment system has been ordered for an ultra-deep water drill ship operating in the Gulf of Mexico, marking the first for Wärtsilä’s new system. The contract was signed in the end of 2013.
The U.S. Coast Guard rescued two people Saturday from a fishing boat taking on water approximately 40 miles east of False Cape State Park in Virginia Beach. Crewmembers aboard the Lauren Dorothy, a 53-foot fishing boat, contacted Coast Guard Sector North Carolina Command Center watchstanders at
Gazprom inform that Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Ravil Maganov, First Executive Vice President of LUKOIL have signed a Cooperation Agreement on oil spill prevention and response to offshore emergencies.
Keppel FELS Limited, a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from UMW Drilling 8 Ltd, a wholly-owned subsidiary of UMW Oil & Gas Corporation Sdn. Bhd., for a KFELS B Class jackup rig worth $218 million (USD).
Masirah Oil Limited has announced the successful reach of the well target depth in the second exploration well in Block 50 Oman to its final depth of >3,000 metres into the Cambrian formation. Hydrocarbons were discovered in several formations with good oil sample extracted
Pacific Drilling says that the latest in its fleet of 5 of new ultra-deepwater drillships is in service. Two additional drillships are under construction at Samsung Heavy Industries for delivery in 2014, and an eighth rig is under construction for delivery in March 2015.
Enteq Upstream PLC (Enteq), a provider of systems and components for Measurement While Drilling (MWD) and directional drilling, has appointed Andrew Bridges as head of engineering, announced Enteq CEO, Martin Perry. Initially based in Enteq’s West London, UK
A U.S. Coast Guard (USCG) HC-130 Hercules aircrew is searching for a man who reportedly fell overboard from the Celebrity Constellation cruise ship in the vicinity of the Yucatan Channel in the Caribbean Sea, Wednesday. Watchstanders at the Coast Guard Seventh District command center received a
Maersk Drilling say that their second and third ultra-deepwater drillships have been named in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer
Exelis say they have received a $32 million, 5-year IDIQ (indefinite-delivery, indefinite-quantity) award to supply airborne surveillance radars, spares, support equipment and technical services to the U.S. Coast Guard. The company explains that integrated on the U.S