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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.


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. 


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.


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


Shark Bite Victim Flown From Palmyra Atoll To Oahu

 HC-130 Hercules deployed for medevac

  The Coast Guard medically evacuated a woman after she was bitten by a shark near Palmyra Atoll, Sunday. Watchstanders at the Coast Guard Joint Rescue Coordination Center Honolulu received a call from the Palmyra research facility director reporting that a 37-year-old female patient sustained a shark bite to her left hand. A Coast Guard flight surgeon consulted with the medical staff treating the victim and determined that a medevac was warranted due to the risk of infection and


Tullow Oil Exploration and Appraisal Update in Kenya

Tullow Oil exploration and appraisal update in Kenya

Tullow Oil plc announces the successful results from a series of exploration, appraisal and testing activities conducted in Blocks 10BB and 13T onshore Kenya. Etom-1 exploration well The Etom-1 well in Block 13T is the most northerly well drilled to date in the South Lokichar basin, 6


Too Eager to Drill for Arctic Oil - Greenpeace

....

  Greenpeace's ship, the Esperanza, is still on station in the Arctic to expose renewed Norwegian efforts to drill for oil in this pristine environment. Last week Greenpeace successfully headed off attempts by an oil company to complete controversial seismic testing


USCG Responds to Plane Crash 51 mi SE Of Chincoteague Island, VA

Emblem

The Coast Guard is responding to a plane crash Saturday approximately 51 miles southeast of Chincoteague Island.   Watchstanders at the Coast Guard 5th District in Portsmouth received notification at approximately 2:40 p.m. that a single-engine Cirrus aircraft with only the pilot aboard


A Boost for UK Offshore Drilling? DW Monday Muses

North Sea operations: File photo

Drilling activity offshore UK is now expected to increase over the next few years as government and industry reacts to the recommendations in Sir Ian Wood’s report – the “Wood Review” – to maximise UK offshore oil & gas recovery advises Douglas Westwood's


Keppel Delivers World’s Largest Jackup Rig to Maersk

XL Enhanced Jack-ups

  Keppel FELS Limited has delivered the jackup rig XLE-2 to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, on budget and seven days ahead of schedule. The rig, which will be named at a ceremony in Norway in October 2014


Matson Containership Diverted to Assist Hurricane Beset Sailboat

Matson Containership: Image courtesy of Matson Line

The US Coast Guard informs it is coordinating the rescue of a 42-foot sailboat stricken by Hurricane Julio 414 miles northeast of Oahu Sunday, and has diverted the 661-foot Matson Line container ship 'Manukai' to the location of the dismasted boat.


Rescue Underway for Sailboat Caught in Hurricane Julio

Sailboat caught in Hurricane Julio

  The Coast Guard is coordinating the rescue of a 42-foot sailboat caught in Hurricane Julio 414 miles northeast of Oahu Sunday. Sailing vessel Walkabout is disabled and taking on water with three people aboard. On-scene conditions are reported as 92 to 115 mph winds with 30-foot seas


LR Alert: New SOLAS Requirements

lloyds register.png

New SOLAS requirements for enclosed space entry and rescue drills, and draft requirements for portable atmosphere testing.   Because of the serious threat posed to people working in enclosed spaces on board ships, the IMO has introduced new requirements to SOLAS Chapter III, regulation 19


Gulf Island Wins Arena GoM Rig Construction Contract

GoM rig: File photo

Gulf Island Fabrication, Inc. says that, through its subsidiary Gulf Island L.L.C., it has received an award letter from Arena Offshore, LP for the fabrication of two jacket/piles and topsides for Arena’s projects located in the Gulf of Mexico.


China, Taiwan Conduct Joint SAR Drill

Both sides of the Taiwan Strait carried out joint marine search and rescue on August 7. It is the third large-scale cross-strait joint search-and-rescue drill since the direct shipping links between the two sides of the Strait was officially launched in 2008.


Tanker Fire Kills One off Oregon

USCG image

An engine room fire last week aboard a 485-foot, Bahamian-flagged chemical tanker has left the vessel disabled without propulsions about 700 miles west of Cape Blanco, Oregon, killing one crew member, the U.S. Coast Guard (USCG) reported.


Honghua Group Wins Rig Contract from Orion

Zhang Mi, Chairman & President of Honghua Group

  Chinese rig builder Honghua Group has been awarded a contract by Orion Engineering and Management Ltd  to build a semi-submersible drilling rig, with options to build three more. According to a statement released by Honghua, the rig deal worth US$320 million was signed by its offshore


Rosneft & Statoil to Explore Norwegian Continental Shelf

RN Nordic Oil AS, a subsidiary of Rosneft, will be involved in the operations on the project.

  18th of August, Rosneft together with Norwegian company Statoil Petroleum AS started exploration operations at the Pingvin License PL713prospect in the Norwegian section of the Barents Sea. The first exploration well Pingvin-1 will be drilled by the Transocean Spitsbergen rig


SBI Wins Jack-up Design and Engineering Contract

SBI Offshore Limited, which is pursuing higher-value oil and gas engineering projects, said today it has secured a $24 million contract to provide design and engineering services for a jack-up drilling rig that can operate in water depths of up to 110 meters.


Maersk Drilling Q2 2014 Profit Dips

Ultra-deepwater rig: Photo Maersk

Maersk Drilling informs that in Q2 2014 it delivered a profit (NOPAT) of USD 117-m (USD 150-m). While the underlying operational performance remained strong with an operational uptime of 97% (96%), the decrease in profit of USD 33-m compared to Q2 2013 was mainly due to planned activities with






 
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