The CAN DO drillship will be the front runner in exploration, development and completion operations. Following positive feedback and strong enquiries from the market, Keppel FELS Ltd (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd. (Keppel O&M), is proceeding with the building of its new CAN DO drillship. When completed in 2016, the drillship is expected to be a state-of-the-art deepwater exploration, development and completion drilling vessel. Chow Yew Yuen, Chief Operating Officer and CEO-Designate, Keppel O&M, commented, "As with all our market established proprietary designs, our new CAN DO drillship design was developed in close consultation with customers, major oil companies and vendors. The newly developed design is capable of handling next generation 20K psi blowout preventers.” He continued, "While most modern drillships currently in operation were designed and built for exploration drilling, industry feedback has revealed the need for vessels capable of performing development and completion drilling in addition to exploration drilling. Since the launch of our design earlier this year, we have received very encouraging response from the market, and we have decided to start constructing the first drillship to this design. We believe the drillship meets the high functionality, safety and cost-effective requirements of the industry."
Sembcorp Marine secures US$ 4.032 Billion drillship contracts from Sete Brasil. Sembcorp Marine Ltd, through Jurong Offshore Pte Ltd’s wholly-owned subsidiarieshas secured contracts from Sete Brasil Participacǒes S.A. (Sete Brasil), for the design and construction of five drillships based on Jurong Shipyard’s proprietary Jurong Espadon drillship design. In addition to the above, Sembcorp Marine had earlier in the year announced that its wholly-owned Brazilian shipyard Estaleiro
Keppel Shipyard Limited was awarded a contract valued at about $100.7m for the integration and completion of a new build Bully drillship. Keppel secured the contract with a company jointly owned by Frontier Drilling and Shell. This is the second drillship of the Bully rig design awarded to Keppel by the same owners. The first Bully drillship was awarded in June 2007 with delivery by fourth quarter 2009. The new hull will be built in China and is due to arrive at Keppel Shipyard in the
Noble Drilling Holding has signed contracts for the construction of a new, dynamically positioned, ultra-deepwater, harsh environment Globetrotter class drillship with 's STX Heavy Industries Co., LTD (STX) and Dutch-based design and construction firm Huisman Equipment B.V. The drillship will be built on a fixed-price basis in two phases. Following construction of the hull and installation of the propulsion system by STX at their new state-of-the-art facility in ,
Pacific Drilling S.A. announce a five-year contract from Chevron USA for its ultra-deepwater drillship 'Pacific Sharav' Pacific Sharav is scheduled for delivery by Samsung Heavy Industries in Korea in the fourth quarter of 2013, upon completion of construction and client requested modifications. The drillship will be capable of operating in water depths of up to 12,000 feet and drilling wells up to 40,000 feet deep.
An Atwood Oceanics subsidiary has entered into a turnkey construction contract with Daewoo Shipbuilding & Marine Engineering to construct a fourth ultra-deepwater drillship, to be named 'Atwood Archer'. The Atwood Archer is expected to be delivered by December31, 2015 at a total cost, including two blowout preventers , project management, drilling and handling tools and spares, of approximately $635-million. Upon delivery
Transocean Ltd. (NYSE:RIG) announced that the newbuild ultra-deepwater drillship Discoverer Inspiration has commenced operations for Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE:CVX), in the U.S. Gulf of Mexico under a five-year drilling contract. The dynamically positioned double-hulled Discoverer Inspiration includes the most advanced drilling capabilities in the offshore drilling industry
Pride International recently dedicated its ABS-classed deepwater drillship Deep Ocean Clarion at Samsung Heavy Industries Shipyard in Geoje, South Korea. This is the second of four new drillships for the deepwater drilling contractor. Its sister ship, the ABS-classed Deep Ocean Ascension was delivered in February 2010 and has been deployed to the Gulf of Mexico. The 96,000 dwt Deep Ocean Clarion is capable of dual drilling activity and can drill in water depths of up to 12,000 feet
DryShips Inc. (NASDAQ: DRYS) announced that its 78% owned subsidiary Ocean Rig UDW Inc. took delivery of its newbuilding drillship, the Ocean Rig Corcovado. The Ocean Rig Corcovado is the first to be delivered of the four sister drillship vessels that are being constructed at Samsung Heavy Industries. The construction of all vessels is progressing well and according to schedule. The vessels are sixth generation advanced capability ultra-deep water drillships
UK-based Ensco has ordered an additional advanced-capability DP3 ultra-deepwater drillship based on the Samsung GF12000 hull design. The vessel, ENSCO DS-10, will be the eighth Samsung DP3 drillship in the Ensco fleet, further extending the benefits of Ensco’s fleet standardization strategy. It will be built at the Samsung Heavy Industries, Co. Ltd. (SHI) shipyard in South Korea, with delivery scheduled for the third quarter of 2015
Brazil’s Parliamentary Commission of Inquiry (CPI) has recommended the deepening of investigations into 10 companies - including Keppel, SembCorp Marine and Kawasaki Heavy- involved in the alleged bribery transactions with Petrobras and Sete Brasil.
Transocean Ltd. announced today a mutual agreement with its customer, Shell EP Wells Equipment Wells Services B.V. (Shell), and the shipyard, Daewoo Shipbuilding & Marine Engineering Co. (DSME), to delay the operating and delivery contracts of two newbuild ultra-deepwater drillships -
Wondering What to Trim? Look to the skies: billions in offshore savings may be orchestrated from the back office. For many managers (and analysts), sales, general and administrative costs, or SG&A, are ordinary accounting lines on an offshore services company’s ledger
Rolls-Royce yesterday opened a new, custom built, 2,100-square-meter service facility at the Astican Shipyard in Las Palmas, on Gran Canaria in the Canary Islands. The center is a partnership between Rolls-Royce and the shipyard. Las Palmas’ position in the Atlantic allows
Seadrill Limited agrees to sell the ultra-deepwater drillship the West Polaris to Seadrill Partners LLC Seadrill Limited announced that it has entered into an agreement with Seadrill Operating LP, the 58 percent owned subsidiary of Seadrill Partners LLC
Transocean Ltd, the world’s largest offshore driller, has delayed delivery of two new ultra-deepwater drillships, the company announced. The company amended its drillship construction contracts ($540 million each) with Jurong Shipyard, a subsidiary of Sembcorp Marine
ConocoPhillips today for its convenience provided a notice of termination for the three-year ENSCO DS-9 drillship contract. Under the terms of the contract, ConocoPhillips is obligated to pay Ensco termination fees monthly for two years equal to the operating day rate of approximately $550
Singapore's Sembcorp Marine has not received payment from Sete Brasil on drillship projects this year and may slow down the projects if the situation persists, a company executive said on Wednesday. "Basically what has been ongoing, based on the delay, I think there may be some slow down
Shell’s drilling operations in the Chukchi Sea are being overseen 24/7 by inspectors from the U.S. Bureau of Safety and Environmental Enforcement (BSEE) to ensure compliance with federal regulations and safety standards, BSEE said.
Brazilian prosecutors plan to file criminal charges stemming from the lease of an Ensco Plc offshore oil-drilling ship to Brazil's state-run oil company Petrobras "in due course," they said. The plan to prosecute over the Ensco-Petrobras charter was mentioned in a Thursday
ALMACO Group informs it has been awarded the design, material supply and supervision contract from Kawasaki Heavy Industries, Ltd. (KHI) in Japan for the first (DRU#1 - Ondina) and second (DRU#2 - Pituba) drillships for the Enseada Industria Naval project
Press Release - Caterpillar Oil & Gas has announced the introduction of Asset Financial Solutions, a financial product that provides 100 percent financing new offshore or marine assets. The new solution enables Caterpillar to offer customers a tailored solution to optimize their business and
Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could turn around in 2017. Rig rates have more than halved since the peak two to three years ago and in several cases are now below breakeven costs.
Intellian, a global leader in satellite communication antenna systems, has been successfully selected as the hardware partner on RigNet’s recently announced contract to provide remote communications solutions to a premium offshore driller across its entire global fleet of existing
The Bureau of Safety and Environmental Enforcement (BSEE) is responding to a report of a fatality on a drillship in the Gulf of Mexico (GoM) approximately 200 miles south of Lake Charles, LA, in 4,800 feet of water. The Pacific Santa Ana drillship was beginning drilling operations for