Parker Drilling Co. has received the newest member of the Parker international drilling fleet, drilling barge rig #75. Built by Oil Barges, Inc., the shallow water drilling rig will commence drilling operations in mid-August. The rig has a 25,000 ft., drilling depth rating with an SCR drive system. All drilling and mud processing equipment is installed on a multi-level barge measuring 240 ft. long and 70 ft. wide. The barge also includes an 82-person accommodation facility. Other innovative design features include a draft of less than 8.5 ft., permiting reduced dredging costs; a 50 ft. (clear height) substructure, permitting simultaneous drilling and workover operations; a skiddable substructure that will provide access to six potential wells without repositioning the barge; and the ability to drill all six wells without raising/lowering the derrick or laying down drill pipe.
Employed in the oil and gas industry for 60 years, simple and sturdy swamp and posted drilling barges have been a preferred method to drill in shallow water. This basic design has made it possible for the barge to drill in water depths from six through 24 ft., as well as the ability to be towed and to travel the Intercoastal waterway, lakes, bays and bayous. With the average drilling depth in the northern Gulf of Mexico ranging between 12,000 and 18,000 ft
AGR Petroleum Services today signed a drilling contract, on behalf of Hyperdynamics Corporation (NYSE Amex: HDY), with Jasper Drilling Private Limited of Singapore to contract the drill ship Jasper Explorer for drilling in Hyperdynamics' concession offshore the Republic of Guinea. The Jasper Explorer is a modern Pelican Class self-propelled drill ship capable of operating in water depths up to 5,000 feet. "The conclusion of a drilling contract with Jasper Drilling Private Limited is a
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, signs contract with an oil major for the semi-submersible drilling rig 'Erik Raude'. The drilling contract is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland, with an estimated backlog of approximately US$112 million, including mobilization and demobilization. The rig is scheduled to commence this contract in the second quarter of 2013
ABB, a power and automation technology group, recently won six contracts collectively worth more than $150m to supply main electrical systems for drilling rigs and drill-ships built in Asia. The orders were booked during the third quarter of 2008. Among the new orders are three deepwater drilling rigs now under construction at the Jurong Shipyard in Singapore, two drill-ships (Stena DrillMAX ICE and the Pride #4 drill-ship) to be built at Samsung Heavy Industries and another drill-ship for
Aker Kvaerner has signed a contract with Jurong Shipyard Pte. Ltd in Singapore for delivery of a drilling system for one ultra deepwater drilling semi-submersible unit. The total contract value for Aker Kvaerner is approximately $113m. The contract is undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner MH in Kristiansand. The scope of work is to deliver a complete drilling package consisting of engineering, drilling equipment deliveries and subsea equipment.
Aker Solutions wins Daewoo Shipbuilding & Marine Engineering contract to supply two drilling epuipment packages to 'Cat D' rigs Aker Solutions has received a Letter of Award from Daewoo Shipbuilding & Marine Engineering (DSME), to supply a further two drilling equipment packages to the 'Category D' drilling rigs the yard is building for the rig operator Songa Offshore. Contract value is undisclosed.
Samsung Heavy Industries Co. Ltd. in Korea has awarded Aker Kvaerner a contract for delivery of a new drilling rig to Eastern Drilling's West E-Drill project. The project will start immediately at Aker Kvaerner's subsidiary Aker Kvaerner MH, with delivery of the drilling equipment package in the second half of 2007. The new contract was an option in a contract Aker Kvaerner MH signed with Samsung in June 2005, and the scope is similar for both contracts The drilling system will be a
Ocean Rig UDW Inc. has received a Letter of Intent to contract one of its semi-submersible drilling rigs, “Eirik Raude”, from an oil major. The Letter of Intent is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland, with an estimated backlog of approximately $112 million, including mobilization and demobilization. The rig is scheduled to commence this contract in the first quarter of 2013
Aker Solutions has won a contract from Yantai CIMC Raffles Offshore Ltd to supply a complete drilling equipment package for a new jack-up drilling rig, being built by the Chinese yard. The contract value is undisclosed. The new rig is of the 2000E jack-up design, and the contract includes options for a further three jack-up rigs of the same design. "We are pleased to see Aker Solutions' competitive position in the jack-up market, which we expect to be active in the future
Inventive steel processing companies provide the backbone for infrastructure, transport, shipping and consumer goods sectors. One such company, Ferrocut Australia, was called on by the Royal Australian Navy’s Australian Submarine Corporation (ASC) Air Warfare Destroyer (AWD) Shipbuilder
DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary, Ocean Rig UDW Inc., of offshore deepwater drilling services, announced that it has suspended purchases under its previously announced program of at the
Six Thrustmaster 5,000 HP (3,700 kW) Azimuth DP3 Thrusters classed by ABS were launched on November 25, 2013 during the OOS Gretha naming ceremony. The Brazil bound semisubmersible drilling rig was built at its ship yard in Yantai, China by CIMC Raffles and is due to work for Petrobras offshore
Eastern Shipbuilding Group, Inc. announced the delivery of the M/V Bravante V (Hull 155) on Friday November 29, 2013, to Boldini S.A., Bravante Group of Brazil. The Bravante V is the first STX SV290 design of five vessels in a series which are all ABS, SOLAS, DPS-2, AC Diesel-Electric powered
MacGregor, part of Cargotec, is to deliver a package of three cranes to a new offshore accommodation & construction vessel being built at Chantier Davie Canada, with delivery scheduled for the end of Spring 2015. The vessel is the first in a series of dynamically positioned offshore
Lloyds Register Energy Drilling (LRED), formerly ModuSpec Engineering UK Limited, was presented with the award by Aberdeen's Lord Lieutenant George Adam, acting on behalf of HM the Queen, in recognition of the company's sustained business expansion.
Ship Finance International Limited announced its preliminary financial results for the quarter ended September 30, 2013, reporting preliminary 3Q 2013 results and quarterly dividend of $0.39 per share Hamilton. Highlights Declares third quarter dividend of $0.39 per share
During the Italy-Russia Business Forum in Trieste, Italy, Fincantieri secured a contract to build a semi-submersible floating platform for the transportation of nuclear submarine reactor compartments. The company also signed an agreement to define plans for an advanced technology offshore energy
In its third quarter 2013 financial report, Seadrill states consolidated revenues were US$1,280 million compared to $1,268 million in the second quarter of 2013, and operating profit for the quarter was US$471 million compared to US$507 million in the preceding quarter.
Rex International Holding Limited, one of the largest companies listed on the Catalyst of the Singapore Exchange Securities Trading Limited, announced that its jointly-controlled entity, Lime Petroleum Plc, through its subsidiary Masirah Oil Ltd
The National Science Board has authorized the National Science Foundation to enter into a cooperative agreement with Texas A&M University to continue managing the International Ocean Discovery Program (IODP) and operating its scientific research vessel 'JOIDES Resolution'
Fugro Voyager, a purpose built DP2 geotechnical drilling vessel, is entering service with Fugro’s Offshore Geotechnical Division to expand its operations in the frontier areas of the Asia Pacific region. Specifically designed and built to address the varied demands of the region’s
Hercules Offshore, Inc. published the November Fleet Status Report. The report includes the Hercules Offshore Rig Fleet Status (as of November 21, 2013), which contains detailed contract information for each of the company's drilling rigs
Rex International Holding said its 65% indirectly owned subsidiary, Lime Petroleum Norway AS, has received approval from the Norwegian Ministry of Petroleum and Energy for the acquisition of 10% interest in each of the two offshore licenses, PL 707 and PL 708, from North Energy ASA
Noble Corporation, contracted to Texan petroleum company, is preparing to drill one of New Zealand's deepest ever exploratory wells in the Taranaki Basin with its drill-ship 'Noble Bob Douglas'. Protesters have admitted they cannot stop drilling off the coast of New Zealand