Marine link
 

Drill Rig

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. The other two nearly-identical projects involved Glomar Adriatic IX and Glomar Adriatic X, two Marathon LeTourneau Class 116-C jack-up drilling rigs owned by Global Marine International Drilling Corporation of Houston. On each rig, Bollinger, in conjunction with Marathon LeTourneau, lengthened the three legs from 410 ft. to 477 ft. Additionally, a wind wall was added around the drill floor, blow-out preventor trolley beams and a shale shaker trough were installed and the jet piping lines were extended.


Sembcorp Marine Acquires A 50 Percent Stake In PPL Shipyard

SembCorp Marine has signed a Sale and Purchase Agreement with PPL Holdings Pte Ltd to acquire a 50 percent equity stake comprising 10,000,000 shares of $1.00 each in PPL Shipyard Pte Ltd. (PPLS) for $16 million. PPLS' business is primarily in oil rig and vessel construction as well as steel fabrication. It has recently secured a contract for the construction of two jack-up drilling rigs, each having a value of $125 million, from Sante Fe International Corp


Iran’s Oil Industry Facing Shortage of Rigs

According to MNA, given the rise in the oil prices and the growth in the world’s oil drilling activities, Iran’s oil industry is facing a shortage of drilling rigs, noted an official with the National Iranian Drilling Company (NIDC). As a result of the record highs in the oil prices, the prices of the offshore oil drilling rigs have increased by up to 300 percent. The Oil Ministry is planning to within the framework of the nation’s Fourth Five-Year Socioeconomic Development Plan


Awilco Exercises Option for Jackup Drilling Rig No. 8

Awilco Offshore (AWO) has exercised an option with PPL to build a 375-ft. jackup drilling rig with drilling depth of 30.000 ft. The rig will be named WilConfidence. The rig is to be delivered in the second quarter of 2009, and has a delivered cost of $149m. The delivered cost includes contract price with the yard, site supervision, pipe handling equipment, spare parts and finance costs during construction.


Transocean Provides Update On Fleet Contract Status

Transocean Inc. announced that its report of drilling rig status and contract information covering the company's offshore drilling fleet has been updated as of May 1, 2007. Drilling rig status and contract information on Transocean Inc.'s offshore drilling fleet has been condensed into a report titled "Transocean Fleet Update," which is available through the company's Worldwide Web address at www.deepwater.com.


Transocean Provides Update On Fleet Contract Status

Transocean Inc. announced that its report of drilling rig status and contract information covering the company's 140-unit offshore drilling fleet has been updated. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled Transocean Fleet Update, which is available through the company's website www.deepwater.com. The report can be accessed from the home page of the Web address by clicking on the Fleet Update Report link


FirstWave/Newpark Contracted for Drill Rig Upgrade

Schlumberger/Sedco Forex has contracted FirstWave/Newpark Shipbuilding for upgrades and maintenance work on the offshore semi-submersible drilling rig Bill Shoemaker. The rig was brought into Newpark Shipbuilding's East Pelican Island yard in Galveston, Texas in December 1998. The company provides repair, conversion, new construction and related services for barges, boats, ships, offshore rigs, and other vessels in the offshore and inland marine industries.


Is the Offshore Boom Back?

Worldwide oil and gas drilling contractor GlobalSantaFe Corporation today reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for June 2003 was up 3.0% from the previous month's SCORE. GlobalSantaFe's SCORE compares the profitability of current mobile offshore drilling rig dayrates to the profitability of dayrates at the 1980-1981 peak of the offshore drilling cycle. In the 1980-1981 period, when SCORE averaged 100 percent


Aker Kvaerner Awarded Drilling Equipment Contract

Aker Kvaerner has signed a contract with Daewoo Shipbuilding & Marine Engineering Co. Ltd in South Korea for delivery of drilling systems for two semi-submersible drilling rigs ordered by SeaDrill. The total contract value for Aker Kvaerner is approximately NOK 930 million. The scope of work for Aker Kvaerner MH is to deliver two complete drilling packages consisting of engineering, equipment deliveries and commissioning services


GlobalSantaFe Worldwide September SCORE Up 1.7 Percent

SCORE ReportsWorldwide oil and gas drilling contractor GlobalSantaFe Corporation reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for September 2006 increased 1.7% to 130.4 from the previous month's SCORE of 128.1. GlobalSantaFe's SCORE compares the profitability of current mobile offshore drilling rig dayrates to the profitability of dayrates at the 1980- 1981 peak of the offshore drilling cycle


Jack-up Earns ABS and DNV GL Design Approval

Photo courtesy of GustoMSC

Launched in March 2015, the CJ54 cantilever drilling jack-up has recently received full Basic Design Approval from two major international offshore drilling classification societies; ABS and DNV GL.   Designed in accordance with the required safety standards of both ABS and DNV GL


Wärtsilä, Ensco Ink Maintenance Deal

ENSCO DS-8 drillship Photo Wärtsilä

Wärtsilä, the leading global supplier of flexible and efficient power plant solutions and services, has signed a maintenance agreement with Ensco, a global provider of offshore drilling services to the petroleum industry. The agreement, signed in September 2015


Zentech Inks Deal for Two Z-210 with CSSC

Zentech’s MOU’s with CSSC Huangpu Wenchong Shipbuilding Co. Ltd. for the construction of two (2) Z-210 mobile offshores units Photo Zentech

Zentech Incorporated of Houston, Texas, USA signed contracts with CSSC Huangpu Wenchong Shipbuilding Company Limited for the construction of (2) Z-210 Mobile Offshore Units. These contracts were finalized based on the Letter of Intent received by CSSC Huangpu Wenchong Shipyard on September 23,2015


OSD Designs Research Vessel for TORI

Image: OSD

 Offshore Ship Designers (OSD-IMT) has signed a new contract to design an IMT2001 Scientific Research Vessel for the Taiwanese Ocean Research Institute (TORI).    The vessel will be used to support long-term oceanographic observation programs


Sevan, Cosco Agree Rig Delivery Delay

Image by Sevan Drilling ASA

 Norway-headquartered drilling contractor Sevan Drilling and Chinese shipbuilder Cosco Corporation have agreed to delay the end of the first deferral period for cylindrical ultra deep water drilling rig Sevan Developer from 15 October 2015 to 1 November 2015.  


Arctic Oil Drilling: Why Does U.S. End It?

Image: An oil drilling rig operated by Royal Dutch Shell ran aground on a pristine wildlife-rich island in Alaska in 2013. Credit: Panda.Org

The Obama administration has taken steps to keep drill rigs out of Alaska's northern ocean for a decade or more. The sudden of turnabouts is attributed to slowing down of economy. The U.S. Department of Interior announced that it is canceling two lease sales and will not extend current leases for


Drilling the Earth’s Mantle Beneath the Atlantic

Robot drills on RRS James Cooks deck (Photo: NOC)

A team of scientists will set sail from Southampton to drill through the Earth’s mantle in the center of the Atlantic Ocean. They leave on board the Royal Research Ship James Cook on October 26, 2015 to explore the Atlantis Massif, a 4000 meter high underwater mountain.


Polar Pioneer Returns to Port Angeles

Image: Shell

 The Polar Pioneer oil rig arrived in Port Angeles on Wednesday.  Shell spokesman Curtis Smith said Port Angeles was an “excellent location for load-out” before the drilling season and remains fit for that purpose.  


Alabama Announces $20 Million Transocean Settlement

Governor Robert Bentley on Thursday announced that Alabama has agreed to a settlement with Transocean Offshore Deepwater Drilling, Inc., which owned the Deepwater Horizon. Alabama will receive $20 million. “The State of Alabama suffered tremendous environmental and economic losses because


Paragon Extends Jackup Rig Delivery at Waigaoqiao

Image: Paragon Offshore plc

 Paragon Offshore plc, a global provider of offshore drilling rigs, reported that a wholly-owned subsidiary has signed an agreement with Shanghai Waigaoqiao Shipbuilding Co., LTD., to extend the delivery date of the high specification Friede and Goldman JU-2000E jackup Prospector 7 to a date


Sembcorp Marine Issues Q4 Profit Warning

Photo: Sembcorp Marine Ltd

 Sembcorp Marine, one of the world's largest offshore drilling rig producers,  expects to record a net loss for the fourth quarter ending December, due to the challenging operating environment and customers deferring or seeking to defer their rig orders.  


Drydocks Completes Rig Diyina

Drydocks World, an international service provider to the shipping, offshore, oil, gas and energy sectors has completed the yard’s first Rig Integrity Assurance Program (RIAP) on rig Diyina for the National Drilling Company (NDC), and the first EPCC concept rig project the yard has


Heavy Wave Strikes Rig, Injures Three in the North Sea

(Image: Statoil)

At 5 pm on Wednesday December 30, Statoil and COSL were informed that three persons had been injured on the COSL Innovator when a heavy wave hit the rig. Statoil and COSL have mobilized their emergency response organizations.   The semi-submersible drilling rig COSL Innovator is under


Fatality on COSL Rig Confirmed

COSL Innovator Courtesy Statoil

  Statoil and COSL have confirmed report from the police sources that one person has died as a result of the breaking wave that hit the drilling rig COSL Innovator today. Two other people were injured and are receiving medical treatment ashore


Japanese Consortium Pulls Out of Brazilian Shipyard Ecovix

Construction of hulls in Rio Grande. Photo: Engevix Construções Oceânicas SA

 A consortium of Japanese shipyards decided to sell its stake of Ecovix, which controls the Rio Grande Shipyard, reports Reuters.   Mitsubishi Heavy Industries, four other shipbuilders said in October 2013 acquired 30% of Ecovix-Engevix Construcoes Oceanicas in a deal reportedly worth






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright