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LETOURNEAU

LeTourneau, Lamprell Contract for Newbuild Jack-up Kit

LeTourneau Technologies, Inc. announced the sale of a second LeTourneau Super 116E Class jack-up rig kit to Lamprell Energy, Ltd., with final delivery expected by the end of 2008. The rig is to be built at Lamprell's Hamriyah facility located in the United Arab Emirates for Scorpion Offshore Ltd. Lamprell is currently building an initial Super 116E Class jack-up at the same location, also for Scorpion Offshore, under a license from LTI. This order is the 18th for the popular LeTourneau Super 116 series of jack-ups. The Super 116E Class is one of five current LTI jack-up rig designs, and an evolution of the LTI's industry workhorse 116-C Class design. The Super 116E provides up to 2,000 kip greater payload than its predecessor. The rig is designed to drill in up to 350 feet of water in moderate environmental locations and can be outfitted to handle high temperature/high pressure wells.


Rowan Wins Rig Contruction Contract

Rowan Companies, Inc. announced that it's wholly-owned subsidiary, LeTourneau, Inc., has been awarded a contract by Perforadora Central, S.A. de C.V., a Mexican drilling contractor, to construct a Super 116E class jack-up rig.The rig will be an enhanced version of LeTourneau's Super 116-C class jack-up rig, with greater environmental and payload capacity. It will have 511 feet of leg, enabling operations in water depths up to 350 feet in areas like the Gulf of Mexico, Asia and the Persian Gulf


Signal Awarded TARZAN CLASS

Signal International, L.L.C. signed a contract with LeTourneau, Inc. to build a TARZAN CLASS jackup drill rig. LeTourneau is procuring the rig, the fourth TARZAN CLASS rig built for Rowan Companies, Inc., its parent corporation. Under the terms of the contract, LeTourneau will provide a license to Signal International and furnish the engineering and component kit for the elevating system, including, 445’ leg length. LeTourneau Ellis Williams Company, Inc


Scorpion Offshore Orders Two Rigs

Scorpion Drilling Ltd (Scorpion) has exercised its option to order two additional LeTourneau Super 116 jackups to be built at Keppel AmFELS in Brownsville, Texas. The contract price for the two rigs, excluding Owner Furnished Equipment, is approximately $180 million. The new units represent the third and fourth jackup rigs in Scorpion’s fleet. The first two rigs, which were secured in July 2005, are currently being constructed by Keppel AmFELS


Scorpion Names Offshore Freedom

ABS representatives attended the naming ceremony for Scorpion Offshore’s ultra-premium, LeTourneau Super 116E jackup, ABS-classed and built at Lamprell Shipyard in the United Arab Emirates (UAE). This is the sixth jackup for Scorpion classed by ABS. Offshore Freedom is capable of operating in up to 400-ft water depth and has a 30,000-ft drilling capacity. ABS has classed a series of five Scorpion rigs (Offshore Courageous, Offshore Defender, Offshore Resolute


Quick Modification of Offshore Jack-Up Drilling Rigs

Bollinger Fourchon, LLC, a subsidiary of Bollinger Shipyards, demonstrated its ability to modify or repair offshore jack-up drilling rigs quickly and cost effectively, with three recently completed projects. One project, for R&B Falcon Drilling, Inc., involved the replacement of jet piping (which blows away sand and mud around the rig legs for easier movement) and the fabrication and erection of an interior bulkhead on the Cliffs 150 rig in just eight days.


LeTourneau Tech Signs $185m Construction

Rowan Companies, Inc. (NYSE: RDC) announced today that its manufacturing subsidiary, LeTourneau Technologies, Inc. (LTI) has signed contracts valued at approximately $185m with a Brazilian construction consortium to provide the rig kit, rig design and drilling equipment for two LeTourneau Super 116E jack-up rigs. The two Super 116E jack-up rigs are to be built at Petrobras' Maragojipe, Bahia, Brazil facility by the Consorcio Rio Paraguacu


Transocean Agrees to Sell Three U.S. GoM Jackups

Transocean Inc. has entered into a definitive agreement with Hercules Offshore, Inc. to sell three of its U.S. Gulf of Mexico jackup drilling rigs and related equipment for $320m. The sales of the GSF Adriatic III, GSF High Island I and GSF High Island VIII will mark Transocean's exit from the shallow-water area of the U.S. Gulf of Mexico. The sales are expected to be consummated at the conclusion of each rig's current contract commitment and are subject to customary closing conditions


Lamprell Wins US$ 227 Million Contract for Jackup Rig

Lamprell's Hamrivah yard to construct mobile drilling platform, to a LeTourneau design, for an international contractor Lamprell, a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas and renewables industry,  announce that it has received a US$ 227 million new contract award from an international drilling contractor for the construction of a jackup rig.


Houston Law Firm Joined by Eight Attorneys

The addition of all 8 attorneys from Bell, Ryniker & Letourneau 
strengthens Houston presence for largest U.S. maritime legal practice Blank Rome LLP. This group of attorneys and additional professional staff bring significant experience in maritime and energy law, in addition to the areas of insurance, transportation, government contracts and construction.  Michael K. Bell, Keith B. Letourneau, and Douglas J. Shoemaker join as partners; Robert J. Ryniker, and James C


Fourth Rig Delivered to Perforadora Central

Coatzacoalcos is the fourth of five jackup rigs Keppel AmFELS is building for Perforadora Central

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Coatzacoalcos, to Mexico’s Central Panuco S.A. De C.V., a subsidiary of Mexico's Perforadora Central S.V. De C.V


Lamprell to Deliver 2 Additional Rigs for NDC

NDC Chief ExecutiveOfficer, Abdalla Saeed Al Suwaidi, and Lamprell Chief Executive Officer, Jim Moffat, shake hands after signing the contract award for two further high specification jackup drilling rigs which NDC awarded to Lamprell

Lamprell received a new contract award valued at approximately $365 million from National Drilling Company (NDC) for the construction and delivery of two further high specification jackup drilling rigs of a Super 116E (Enhanced) Class. Lamprell was previously awarded contracts by NDC for a


New Recommendations to Avoid Jacking System Failure

A joint industry project on jacking system maintenance and inspection has resulted in a new DNV GL Recommended Practice. This provides guidance to ensure the correct and safe functioning of rack and pinion style jacking systems. The objective is to reduce the risk of gear failure


China's Dalian Shipyard to Build Deepwater Jack-Up

A LeTourneau jack-up: File photo

COSCO Corporation inform that its subsidiary Dalian Shipyard has been contracted to build a jack-up rig based on the LeTourneau Super 116E Class design. The US$184-million order has been placed by Derwent Ocean Limited S.A, part of Foresight Group.


Seadrill Contracts Out Multiple Jack-Up Units

Seadrill vessel: Photo courtesy of the owners

Seadrill Limited informs it has secured new contracts for the jack-up units 'West Tucana', 'West Telesto', 'West Ariel', and 'West Prospero'.  Additionally, the contract for the 'West Mischief' has been extended by four months.  The total revenue potential for the four new contracts and


China Shipyards Secure US$380-Million Contracts for COSCO

COSCO (Zhoushan) Shipyard: Image courtesy of COSCO

Chinese shipyards, which are subsidiaries of the Company’s 51% owned subsidiary COSCO (Singapore) Shipyard Group Ltd, have secured contracts to build two jackup drilling rigs and a bulk carrier as follows: 1. COSCO (Dalian) Shipyard Co


Keppel AmFELS Secures Mexican Jackup Order

Keppel AmFELS LLC, a US-based wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Central Panuco S.A. De C.V., a subsidiary of Mexico's Perforadora Central S.V. De C.V. (Perforadora Central) to build a KFELS B Class jackup rig worth $240 million


China Yard's Pricing Nets a Double Offshore Rig Order

Northern Offshore, Ltd. subsidiaries have executed contracts for the construction of two LeTourneau Super 116E Class jackup drilling rigs, with a priced option for the construction of two additional rigs of the same design. Northern Offshore say that the yard contract price is less than


Keppel AmFELS Delivers Third Rig to Perforadora Central

Keppel AmFELS_Papaloapan.JPG

Keppel AmFELS LLC, a wholly owned U.S. subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Papaloapan, to Mexico’s Perforadora Central SA de CV (Perforadora Central) on time, within budget and with a perfect safety record.


UAE Shipyard Wins Offshore Rig Contract

Lamprell signs contract to build & equip a LeTourneau designed, self-elevating Mobile Offshore Drilling Platform. The mobile platform is to a Super 116E (Enhanced) Class design, for operation in water depths of up to 350 feet and will have a rated drilling depth of 30,000 feet


Gibdock Completes Semi-Sub Project

the semi-submersible accommodation platform, Etesco Millennium.

Gibdock has completed its work on the semi-submersible accommodation platform, Etesco Millennium - the first offshore platform project to be undertaken by the yard in almost 15 years.   The semi-sub’s eight-month stay at the yard represented an important milestone for the Gibraltar


COSCO Win Jack-up Drill Rig Contract from Talland

COSCO Corp. secures US$170-million order from Talland Navigation Corp. Ltd. for a jack-up drilling rig. COSCO (Dalian) Shipyard Co. Ltd., a subsidiary of COSCO Shipyard Group Co. Ltd., has secured a US$170-million contract from Talland Navigation Limited Corporation


Lamprell Benefits From US$ 333.3 Million Contract Option Exercise

National Drilling Company of Abu Dhabi takes up option for Lamprell to build two more jackup rigs Lamprell announces US$ 333.3 million rig construction option exercised by Abu Dhabi's National Drilling Company Lamprell, a leading provider of diversified engineering and contracting products and


Keppel AmFELS Delivers Rowan Rig Ahead of Schedule

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has completed the delivery of its fourth EXL jack-up rig to a subsidiary of Rowan Companies, Inc. (Rowan) (NYSE: RDC) with a perfect safety record, four months ahead of schedule and within budget


Rowan Elects Two New Executive Officers

Rowan Companies, Inc. (NYSE: RDC) announced that Thomas P. Burke has been appointed to serve as the Company's Chief Operating Officer, and Melanie M. Trent has been appointed to serve as Senior Vice President, Chief Administrative Officer and Corporate Secretary.






 
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