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HERCULES DRILLING

Hornbeck Offshore New Directors, Promotion of Exec Officer

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, Man Diesel Continue Research

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


Investigation on the loss of Bourbon Dolphin

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 to Announce 2Q Results

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.


Hecules Offshore Buy KS Energy Liftboat 'Titan 2'

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.


Drilling of Relief Well Begins at South Timbalier 220

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


B&G Supports Volvo Ocean Race

VolvoRace_web.jpg

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


Keppel to Build Harsh Environment Jackups Worth $416M

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.


Update: BOEMRE Response to Natural Gas Leak in GOM

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.


DOF Subsea Win Multiple Offshore Contracts

Skandi Hercules: Photo credit DOF Subsea

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


Offshore Driller Noble Corp Q1 Earnings Beat Forecasts

Noble Corp., a leading offshore driller, reported first-quarter net income on Wednesday of $0.99 a share, higher than consensus forecasts, as new rigs helped lift revenues. ThomsonReuters I/B/E/S had forecast earnings of 70 cents a share or 82 cents a share excluding special items.


Ultra-deepwater Drillship 'Maersk Valiant' Delivered

Maersk Valiant: Photo Maersk Drilling

Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage towards the US Gulf of Mexico via Singapore to commence a two year contract with


USCG to Medevac Injured Mariners Battling Rough Seas off Alsaka

The U.S. Coast Guard said it is preparing to medevac three injured mariners from a vessel currently more than 300 miles south of Kodiak Monday after a large wave reportedly caused multiple injuries aboard a 587-foot containership. Coast Guard watchstanders at the 17th District command center in


Resolve Maritime Academy to Host 'DC Olympics'

File photo

Resolve Maritime Academy informs it is to host the Damage Control (DC) Olympics as an annual event for officers and damage control crew of US Navy and US Coast Guard vessels visiting Port Everglades during Fleet Week 2014 on April 29 at 9:00am - 4:00pm in Port Everglades


Ocean Rig Prices Its US$500-Million Note Offering

Calculator credit Dominic Alves CCL

Offshore deepwater drilling services provider Ocean Rig informs that the pricing of its previously announced offering has been priced at 100% of par, with a stated interest rate of 7.250%. The Notes are being sold in a private offering within the United States to qualified institutional buyers


World's Largest Jack-up Rig Named

Worlds Largest Jack-up Rig: Photo courtesy of Maersk Drilling

In a ceremony held at the Keppel FELS shipyard in Singapore, the ultra harsh environment jack-up rig Maersk Intrepid was named in the presence of the Guest of Honour Mr Lui Tuck Yew, Minister for Transport in Singapore. With a leg length of 206


Cruise Passenger Medevaced off N.C. Coast

USCG video screen capture

The U.S. Coast Guard medevaced a 35-year-old man Tuesday from a cruise ship approximately 180 miles east of Nags Head, N.C. The captain of the 965-foot cruise ship Norwegian Gem notified watchstanders at the Fifth District Command Center at 2:21 p.m. stating a passenger was in medical distress


HAVEP: Two Passenger Vessels Detained

Preliminary results from the Harmonized Verification Program (HAVEP) on passenger ships, carried out between January 1, 2013 and December 31, 2013 in the Paris MoU region show that two passenger ships were detained over the 12 month period as a direct result of the HAVEP for deficiencies related


Missing Skiff Found Adrift: One Missing, One Rescued

An overdue skiff reported missing since March 13 with two people aboard was located off the island of Satawal Monday 347 miles west of their departure point at Chuuk Atoll. Locals from Satawal spotted a vessel with one person aboard drifting approximately one mile from shore and launched a


Long Legs Jack-Up 'Maersk Intrepid' Delivered

Maersk Intrepid at night: Image Maersk Drilling

Maersk Drilling informs it has taken delivery of its first ultra harsh environment jack-up, 'Maersk Intrepid', from the Keppel FELS shipyard in Singapore, and on time. The new offshore jack-up rig will start its mobilisation to the Norwegian North Sea in approximately two weeks


ADF Aids Solomon Islands Following Floods

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A Royal Australian Air Force (RAAF) C-130J Hercules has departed RAAF Base Amberley to transport a Department of Foreign Affairs advisor and Defence personnel to the Solomon Islands following severe floods. A team of 11 Australian Defence Force (ADF) personnel has departed with a specialist


Search Continues for Missing Skiff near Ujae Atoll

A graphic of the search area for the missing skiff near the Ujae Atoll using the Search and Rescue Optimal Planning System is a software system that uses simulated particles generated by users in a graphical interface. These particles are influenced by environmental data to provide information on search object drift. Using information on a point of origin and local currents, it calculates the most likely area to find a person in the water. (USCG graphic)

The U.S. Coast Guard said continues its search for a skiff with two people aboard near Ujae Atoll, Wednesday. Assisting in the search is an HC-130 Hercules airplane crew from Coast Guard Air Station Barbers Point, Oahu, the Republic of Marshall Islands’ Pacific Patrol Boat RMIS Lomor and


Drydocks World to Build Jack-Up Drilling Rigs

Image Courtesy Drydocks World

Drydocks World, an international service provider to the maritime, oil and gas and energy sectors, announced it has signed an Agreement with Malta Oil & Gas Ltd. for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design


Search is on for Man Overboard in the Pacific

The U.S. Coast Guard is searching for a male crewmember reported overboard from a container ship approximately 805 miles northeast of Oahu, Monday. Watchstanders at the Coast Guard Joint Rescue Coordination Center were notified at approximately 8:23 a.m


GoM Drill Rig Damaged, Coast Guard Monitoring

ENSCO 8506: Photo courtesy of Keppel

The U.S. Coast Guard (USCG) is overseeing response efforts, as the offshore drilling rig ENSCO 8506 began taking sea-water into a ballast tank after being hit by a large wave in heavy seas more than 100 miles south of Galveston. The ballast tank is located in one of the rig's column ballast


 
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