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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


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.


Sembcorp Wins US$236-Million Jack-up Rig Contract

Image courtesy of Friede & Goldman

Singapore's Sembcorp Marine says that its subsidiary Jurong Shipyard has secured a US$236 million (about S$296 million) contract to build a high specification, tailor-made jack-up rig for new customer Hercules North Sea Ltd. Scheduled for delivery in the second quarter of 2016, the jack-up rig will be built based on the Friede & Goldman JU 2000E design which has enhanced features suitable for UK operations. 


Ship Finance Sells Drillship to Seadrill

Ship Finance International Limited announced that Seadrill Limited has exercised a purchase option for an ultra-deepwater drilling unit.   Ship Finance acquired the West Polaris in 2008 and chartered it to a subsidiary of Seadrill on a long-term bareboat charter where Seadrill was granted certain purchase options, first time in 2012. The purchase option price is $456 million and the transaction will be effected as a sale of the shares in the asset-owning subsidiary.  


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.


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.


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


RAAF Rescues Sailor in Distress near Lord Howe Island

RAAF C-130J

  The crew onboard a Royal Australian Air Force (RAAF) C-130J Hercules transport aircraft helped rescue a lone sailor during a maritime emergency off Lord Howe Island. The C-130J Hercules from Number 37 Squadron at RAAF Richmond responded to a call for help from the Australian Maritime Safety Authority (AMSA). The C-130J was one of four aircraft AMSA called to assist, including AMSA’s Essendon based dedicated search and rescue Dornier aircraft


DOF Subsea Wins Several Contracts in Asia Pacific

Skandi Hercules (Photo courtesy of DOF Subsea)

DOF Subsea, a subsidiary of DOF ASA, reported it has been awarded several new and extended existing contracts by clients in the Asia Pacific region.   According to DOF Subsea, the contract awards will improve the utilization of the vessels Skandi Hercules and Skandi Hawk during the first


ABS Awards AIP for Next-generation Drillship

Image: Hyundai Heavy Industries

ABS  has awarded approval in principle (AIP) for Hyundai Heavy Industries' next-generation HD12000 heavy duty, wide beam drillship design. The drillship, which can accommodate a 20,000-psi blowout preventer system, has been designed in full compliance with the ABS Guide for the


Maersk Drilling Mulls Leviathan Contracts

Picture by Maersk Drilling

Jonas Bjork, commercial manager Maersk Drilling Denmark, a subsidiary of Maersk Group, says that Israel is in his radar in the near future and hinted that his company targets Leviathan contracts, reports Globes.  Bjork added that the Israeli government may make things difficult


Shell Eyes Arctic Drilling this Summer

(Photo: Shell)

Oil major Shell wants to revive its Arctic oil drilling programme this year after a near two-year suspension, angering environmentalists who say the risk of an oil spill is too high. Remote and costly to develop, the Arctic is estimated to contain 20 percent of the world's undiscovered


Egdon to Drill Kelsey-1

North Kelsey-1 exploration well in Lincolnshire licence PEDL241

Egdon Resources plc has received consent of the Planning and Regulation Committee during the Meeting of Lincolnshire County Council yesterday. The planning consent was granted for the drilling and any subsequent testing of the North Kelsey-1 exploration well in Lincolnshire licence PEDL241.


Noble Pleads Guilty to Enviro Charges Surrounding Kulluk

Noble Drilling (U.S.) LLC was charged with environmental and maritime crimes for operating the drill ship Noble Discoverer and the drilling unit Kulluk in violation of federal law in Alaska in 2012, the Department of Justice announced. Under the terms of a plea agreement filed in federal court


USCG Rescues Mariner from Boat Near Maui

Coast Guard Station Maui at Māʻalaea,

  A man is safe after being rescued from a disabled boat approximately 46 miles southwest of Kahoolawe, Maui, Saturday. At 10:15 a.m., watchstanders at the Coast Guard Sector Honolulu command center received notification from a friend of the vessel’s operator reporting that the


Total Delays Bulgaria Exploration, Cites Oil Price

Drilling for oil and gas at an exploration block off Bulgaria's Black Sea coast will be delayed by at least six months until early 2016 following the fall in global oil prices, French oil firm Total said. Total, operator of the offshore 1-21 Han Asparuh block


Korean Fishing Vessel Sinks, 26 Still Missing

USCG photo by Dale Arnould

U.S. Coast Guard (USCG) search and rescue crews were relieved by Republic of Korea assets on Saturday in their search for 26 crewmembers from the fishing vessel 501 Oryong that capsized Nov. 30, 2014, near Chukotka, Russia, in the Bering Sea.  


USCG Provides SAR Planning Support to Korea

The crews of the Coast Guard Cutter Alex Haley and Republic of Korea vessel Sam-Bong conduct a search in the Bering Sea near Chukotka, Russia, as a Republic of Korea Navy P-3 Orion airplane flies overhead

  Coast Guard search and rescue crews were relieved by Republic of Korea assets on Saturday in their search for 26 crewmembers from the fishing vessel 501 Oryong that capsized Nov. 30, 2014, near Chukotka, Russia, in the Bering Sea.


Jackup Rig Delivered to Abu Dhabi’s NDC

HE Sheikh Saud Bin Khalid Al Qasimi (center) cuts the ribbon for the NDC Shuwehat rig alongside Lamprell CEO Jim Moffat (right) and NDC Chief Executive Officer Abdalla Saeed Al Suwaidi (left)

Lamprell delivers its 11th Super 116E jackup drilling unit Lamprell has completed the construction of jackup drilling rig, the Shuwehat, and has delivered the rig to Abu Dhabi’s National Drilling Company (NDC) within budget and as scheduled. 


USCG Rescues One in Plane Crash

A man was rescued by Coast Guard aircrews after his plane crashed approximately five miles east of South Bimini, Bahamas, Monday afternoon. Rescued was David Pedroza, 43, from Boca Raton, Florida. At approximately 1:50 p.m. watchstanders at the Coast Guard 7th District in Miami received a


New Cruise Passenger Drill Rules to Enter Force

From January 1, 2015, passengers must undergo safety drills, including mustering at the lifeboat stations, before the ship departs or immediately on departure. (Photo: IMO)

New requirements for musters of newly embarked passengers prior to or immediately upon departure come into force January 1, 2015. Further SOLAS amendments entering into force address enclosed-space entry and rescue drills and the code for recognized organizations.   


USCG Search for Man Overboard

  The Coast Guard is searching for the master of a freight ship reported overboard approximately 60 miles east of Wake Island Sunday. Watchstanders at the Coast Guard Joint Rescue Coordination Center were notified at approximately 6 p.m


Java Sea Body, Luggage Could be AirAsia Debris

Objects resembling a body, luggage, a life vest and debris suspected to be part of an AirAsia jet that disappeared over the Java Sea were spotted by a pilot involved in the search operation, domestic media reported on Tuesday. "The body seemed bloated






 
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