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Chiles Offshore

Pinkard Joins Chiles Offshore

Chiles Offshore reports that Chris Pinkard has joined the company as Vice President of Marketing & Sales replacing William Plamondon who is retiring within the next several months. Pinkard previously worked for R&B Falcon in the same capacity. In other company news, Bruce Brumley has been promoted to Vice President - Operations and Gabriel Padilla has been promoted to Vice President - Engineering & Construction.


ENSCO and Chiles Offshore Announce Agreement to Merge

ENSCO International Incorporated and Chiles Offshore Inc. announced that they have signed a definitive merger agreement by which ENSCO will acquire Chiles. The Boards of both companies have approved the transaction. Under the terms of the merger agreement, Chiles' stockholders will receive 0.6575 shares of ENSCO common stock, plus cash of $5.25, for each share of Chiles' common stock. Total value of the transaction is approximately $578 million based on ENSCO's closing price as of May 14


Keppel’s Yard Delivers Rig to ENSCO

Keppel’s yard in Brownsville, Texas, AMFELS Inc. has delivered on time and on budget, a KFELS MOD V “B” class ultra premium jack-up drilling unit to a subsidiary of ENSCO International Incorporated. ENSCO 105 is the second MOD V “B” new generation deep-well drilling rig that has been completed. The total cost of construction and outfitting for the ENSCO 105 was in excess of US$100 million (S$175m), of which work performed by AMFELS formed a major portion.


Offshore Rig Counts Unchanged

The number of mobile offshore drilling rigs under contract is unchanged from last week, according to Offshore Data Services' weekly mobile offshore rig count. In the U.S. Gulf of Mexico, 139 of 190 mobile offshore drilling rig are under contract this week. U.S. Gulf drilling fleet utilization is 73.2 percent. Among the working rigs is a new deepwater drillship, which has moved to its first drilling location. In the North Sea, Mediterranean Sea and other European waters


UFRJ Wins International Student Offshore Design Competition

A team from the Naval and Ocean Engineering Department at the Federal University of Rio de Janeiro (UFRJ) has won the first International Student Offshore Design Competition sponsored by the Society of Naval Architects and Marine Engineers (SNAME) and the Ocean, Offshore and Arctic Engineering Division of the American Society of Mechanical Engineers (ASME) with their entry “Preliminary Design of the ‘Maracanã’ FPSO Unit.”


Offshore Wind Energy Health & Safety Summit Planned

Offshore Wind Health and Safety Summit 2012 to consider how to ensure workers safety in this hazardous industry. The European offshore wind industry is growing exponentially. In the first half of 2012 alone offshore wind power was up 50% on the previous year; 523.2 MW compared to 348.1 MW. EWEA predict that 2012 will be the best ever year for the industry. Along with this installed capacity, 13 offshore wind farms were in construction in the first half of this year.


HHI Capitalizes on Offshore Business

The name Hyundai Heavy Industries (HHI) usually comes up with a name tag of the worlds largest shipbuilder. But the Ulsan-based company is now dreaming of becoming more than just a shipbuilder, as they have found out that selling offshore oil drilling facilities and industrial plants can be lucrative businesses especially with the soaring oil price, according to a report in the Korea Times. Earlier this month, the company won a $1


NOSAC Meeting Scheduled for February 3

The National Offshore Safety Advisory Committee (NOSAC), sponsored by the U.S. Coast Guard, will conduct a teleconference meeting on February 3. The purpose of the meeting is to discuss the formation of a subcommittee on application of the Safety of Life at Sea (SOLAS) Convention to various types of offshore support vessels working in foreign locations. 70 Fed. Reg. 3051 Source: HK Law


GL Garrad Hassan at Husum WindEnergy 2012

GL Garrad Hassan report examines offshore wind potential in Baltic Sea Region.   The Baltic Sea has great offshore wind potential. The development of offshore wind resources will be vital for many of the Baltic nations, as they look to meet their commitments to boost renewable energy generation. GL Garrad Hassan, part of the GL Group's renewables business segment, has presented a new report outlining the potential for large scale offshore wind power deployment in the Baltic Sea Region


Seacat Debuts First Tank-tested Catamaran

Photo courtesy of Seacat Services

Following the completion of preliminary sea trials, offshore energy support vessel operator Seacat Services unveiled the British-built Seacat Intrepid, the first DNV GL certified 26-meter crew transfer vessel to benefit from a unique three-year offshore wind farm workboat tank testing research and development program that capitalized on an improved understanding of wind, wave and weather conditions within European waters.


Seacat Services Secures Burbo Bank Charter Deal

Seacat Endeavour (Photo: Seacat Services)

DONG Energy has awarded  offshore energy support vessel operator Seacat Services with the supply contract for all crew transfer services at its 258MW Burbo Bank Extension project under development in the Irish Sea. The four-vessel charter contract, with durations of three to 11 months


DONG Energy Listing to Value Group at up to $16 Bln

Photo: DONG Energy

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but also into a business heavily reliant on government subsidies.   State-controlled DONG Energy on Thursday set a price range for its


Tideland Signal Acquires Julius Signal

Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending the company’s portfolio of marine and offshore aids to navigation offerings.   Julius Signal’s product portfolio includes an array of


TAMRF Extends Research Vessel Charter

JOIDES Resolution (File photo: William Crawford, IODP/TAMU)

Overseas Drilling Ltd., a 100 percent owned subsidiary of Siem Offshore Inc., and Texas A&M Research Foundation (TAMRF) have agreed to extend the charter of the scientific research drilling vessel JOIDES Resolution.   Under the agreement


Kim Heng Offshore Inks Pact with Iran Marine

Image: Kim Heng Offshore & Marine

 The Singapore-based  offshore services provider Kim Heng Offshore & Marine has signed a memorandum of understanding with the Iran Marine Fund (IMF)to provide its technical expertise and financing to Iranian offshore marine and oil & gas projects.  


Tuco Marine Bags Wind Farm Service Boat Order

Image: Tuco Marine Group

Tuco Marine Group of Denmark informs it has inked a new order for its 11-meter wind farm service boat from the ProZero series of fast rescue boats, daughter crafts and workboats.   Tuco said the new order is from a major, but for now undisclosed, company in the European offshore market


Petrofac Wins $100 Million North Sea Deal

Image: Petrofac

 Petrofac is set to build on its provision of reimbursable services for Total E&P UK following the award of an enhanced three-year contract extension on the Alwyn and Dunbar platforms in the Northern North Sea.   The contract, worth in the region of $100 million


Subsea 7 Secures EPCI Contract

Subsea 7 S.A. announced it has been awarded an engineering, procurement, construction and installation (EPCI) contract for offshore execution in 2017 and 2018.   The company disclosed no further details due to contractual obligations, but said it would announce further details in the near


Russian Shipbuilder Wins $1 bln Iran Oil Rig Deal

Russian shipbuilder Krasnye Barrikady has been awarded a near-$1 billion contract by Iran to build five offshore drilling rigs for use on Iran's part of the Gulf shelf, a company official told Reuters. The project, which was under discussion for almost two years


Bulker Loses Propulsion off California

The U.S. Coast Guard is monitoring a 587-foot bulk carrier Ultra Lascar after the ship lost propulsion at 10:20 a.m., approximately five miles offshore from Daly City, Calif.   The Singapore-flagged bulk carrier lost propulsion while operating offshore, inbound for the San Francisco Bay


Subsea 7 Awarded $1bn Wind Farm Offshore UK Deal

Subsea 7 awarded  contract worth over $1bn Photo Subsea 7

Subsea 7 S.A. informed today the details of the major(1) contract award that was first announced on 20 May 2016 . The contract was awarded by Beatrice Offshore Windfarm Limited (BOWL)(2), for the engineering, procurement, construction and installation (EPCI) of the Beatrice wind farm turbine


Eastern Launches MPSV for Harvey Gulf

Harvey Blue-Sea (Photo: Eastern Shipbuilding Group, Inc.)

Eastern Shipbuilding Group, Inc. has launched M/V Harvey Blue-Sea (Hull 250) on April 29, 2016 for Harvey Gulf International Marine, Inc. of New Orleans, La. The Harvey Blue-Sea is the second of two 340’ Class Multi-Purpose Service Vessels (MPSV), designed by VARD Marine.  


Olympic Pact with Canyon Offshore

Olympic Athene. Photo: Olympic Shipping

 Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of the subsea construction vessel (SCV) Olympic Athene and Canyon’s ROV systems.  


STX Shipbuilding Likely to Enter Court-lead Restructuring

Photo: Robert Kunkel

South Korean shipbuilder STX Offshore & Shipbuilding Co Ltd will likely need to enter court-supervised receivership due to financial difficulties, the firm's lead creditor Korea Development Bank said on Wednesday. STX Offshore's creditors took control of the company in 2013 after the


Østensjø Rederi Orders Another Wind Farm Vessel

Image: Rolls-Royce

Rolls-Royce has signed a contract with shipyard Astilleros Gondan in Spain to design and equip a second Service Operation Vessel for ship owner Østensjø Rederi. The repeat order is for a new ship design from Rolls-Royce developed specifically to support operations in shallow waters






 
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