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Jack Up Barge

Petrojack Sells Two Rigs

Petrojack ASA has sold two of its jackup rigs under construction at Jurong Shipyard in Singapore, the PetroJack I and PetroJack III at a combined price of $420m to A.P. Møller-Maersk. The sale is constructed as a sale of the shares in the rig owning companies PetroJack I Pte Ltd and PetroJack III Pte Ltd residing in Singapore. The two jack-ups are of Baker Pacific Class 375 design. They will be capable of operating in water depths up to 375 feet in Asia Pacific, the Middle East, the Mediterranean, Latin America, West Africa as well as in the harsh environment of the central and southern parts of the North Sea. The rigs distance themselves from conventional jack-ups in several areas, not least on the drill floor where the highly mechanised equipment leads to increased safety of the crew. The sophisticated drilling equipment will also make the rigs well qualified for drilling deep and difficult wells, including high temperature / high pressure wells. A total of 120 people can be accommodated on board. The 2 remaining jack-up rigs in the company's fleet have the same specification


Keppel Offshore and Marine Units Win Contracts

Keppel Corporation Limited, through its offshore and marine units in Keppel Offshore & Marine Ltd (Keppel O&M), has clinched contracts worth a total of $41 million from repeat customers. Three contracts over $28 million are for the upgrades of jack-up rig Ensco 81 and barge drilling unit Ensco 1 from Ensco Offshore Company (ENSCO), and swamp barge Maera from PT Apexindo Pratama Duta, an Indonesian drilling contractor


Keppel Completes Raissa

Keppel Offshore & Marine (Keppel O&M) Group has strengthened its participation in the inshore oil and gas drilling industry, with the successful completion of the Raissa, a posted submersible drilling barge for Indonesian drilling contractor PT Apexindo Pratama Duta Tbk. Keppel FELS Limited has earlier been chosen as the preferred partner for PT Apexindo’s drilling fleet build-up and enhancement. The Company signed the $29 million contract for Raissa in May 2002


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. The jack-up rig was christened Rowan EXL-IV yesterday by Ms. Mary J. Dunaway and Ms. Audra M. Williamson, daughters of Mr. Johnnie Huckabay, one of Rowan's senior rig managers


Seadrill Record Best-ever Quarterly Result

Jack-up Rig West Ariel: Photo credit Seadrill

Seadrill announces favourable first quarter 2013 financial results.  Highlights     •    Seadrill records its best operating quarterly result ever and generates first quarter 2013 EBITDA*) of US$713 million     •    First quarter 2013 net income of US$440 million and earnings per share of US$0.87     •    Increases the ordinary quarterly cash dividend by 3 cents to US$0.88


Jack-Up Barge Acquires Platform for Increased Versatility

Jack-Up Barge Commercial Director Maarten Hardon (left) with Managing Director Ronald Schukking.

Jack-Up Barge, the offshore self-elevating platform supplier, has announced the acquisition of the Odin self-elevating platform from Hochtief. The acquisition expands the Jack-Up Barge fleet, increasing capacity and versatility. This is a new approach from Jack-Up Barge who has previously expanded with new builds. The company will rename the barge JB 119, ready to take its place alongside the seven platforms currently operated. The platform, 46.1m long by 30m wide and 4


More Oil Rigs Leaving GoM

According to The Post Gazette, jack-up and deep-water rigs are leaving the Gulf of Mexico for more lucrative jobs elsewhere. This is expected to accelerate production declines in the Gulf, putting upward pressure on domestic energy prices. The rig exodus is squeezing what was an already tight market for drilling equipment. In 2001, about 148 rigs were in the Gulf. Now, about 90 remain, and more are expected to leave soon.


Sea Jack Reserved for Thanet Offshore Wind Project

Thanet Offshore Wind Limited (TOW) has signed a Reservation Agreement with A2SEA A/S for the long term use of the vessel the SEA JACK for the main construction periods for the Thanet project. Starting in autumn 2008 the Sea Jack will be used to install the wind turbine foundations and will then continue with the erection of the turbines in the summer and autumn of 2009. Sea Jack was specifically built to service the growing offshore wind market


Gulf Marine Introduces the Endurance

Photos courtesy Fifth Ring Integrated Corporate Communications

A uniquely designed self-propelled self-elevating jack-up barge is currently under construction in Abu Dhabi, UAE, and, once delivered, will be one of the most flexible and capable vessels in the market. Gulf Marine Services, the Middle East region’s largest elevating support vessel operator, has developed a design along with MSC Gusto which incorporates an operating water depth of up to 65 metres, accommodation for 150 persons, deck space of 1000 m2, deck load of 11,350 tonnes


MirTac Awarded New Star Contract

The JB-118.

Jack-Up Barge awarded MirTac a new contract for consultancy and Star IPS implementation at its new build self elevating platform, the JB-118.  The contract includes business consulting and the set-up of all required documentation, instructions, planned maintenance and administration onboard.   Jack Up BargeThe design of the state-of-the-art JB-118, Self Elevating Platform, is based on the GustoMSC SEA-3250 with main parameters of: hull length 75


Second Jack-up Rig Joins Maersk Drilling’s Fleet

Maersk XL Enhanced

  Maersk Drilling has taken delivery of its second ultra harsh environment jack-up, XLE-2, from the Keppel FELS shipyard in Singapore on time. The rig will start its mobilisation to the Norwegian North Sea in approximately two weeks, where it will commence a five year contract with Det


Dutch Team Installs Huge Power Socket in the North Sea

Photo courtesy of Mammoet

A combination of three Dutch offshore companies realized a unique operation in the North Sea, installing a giant ‘power socket’, the SylWin alpha platform. Siemens commissioned Seaway Heavy Lifting to perform an unusual operation that in turn called in the assistance of maritime


SBI Wins Jack-up Design and Engineering Contract

SBI Offshore Limited, which is pursuing higher-value oil and gas engineering projects, said today it has secured a $24 million contract to provide design and engineering services for a jack-up drilling rig that can operate in water depths of up to 110 meters.


GPE Secures MARS Tanker Power Contract

Jake Moir

Gresham Power Electronics (GPE), the Salisbury-based defence and commercial power conversion specialist, has secured a £1.18 million order to supply uninterruptible power supply (UPS) systems to be fitted to Military Afloat Reach and Sustainability (MARS) tankers currently being built by


"Walking" Offshore Platform Wins Innovation Award

Wavewalker

The innovative walking jack-up platform WaveWalker 1 was presented with the Product and Equipment Innovation Award at the prestigious Ground Engineering (GE) Awards ceremony in London earlier this week. WaveWalker 1, developed by Fugro and Van Oord, is an innovative


Fairmount Tows Naga 3 Jack-up to Oilfield

Photo courtesy of Fairmount Marine

Tug Fairmount Expedition has towed jack-up rig Naga 3 from the PV Marine Shipyard in Vung Tau, Vietnam, to the RD-19X Block 15-2 oilfield offshore Vietnam. Last month the tug has towed the rig from Singapore to the shipyard, after which the Fairmount Expedition remained anchored off Vung Tau.


Singapore Reclamation Work Off Temasek Fairway Revised

The working period and details of reclamation off Temasek Fairway, west of Jurong Island, have been revised. The work will now be conducted from 2 June to 1 December.   According to the Maritime and Port Authority of Singapore Port Marine Notice No


Fairmount Tows Jack-up Rig to Singapore

Tug Fairmount Summit towed jack-up rig West Ariel from Vietnam, to Singapore (Photo courtesy of Fairmount)

Tug Fairmount Summit has towed jack-up rig West Ariel safely from Vung Tau, Vietnam, to Singapore. The towage over a distance of 1,305 miles was performed in seven days with an average speed of 4 knots. The West Ariel, a KFels B class independent leg cantilever jack-up rig


Salvage for the Greater Good

Coral Transplants - Global Diving’s coral restoration specialist carefully relocates live corals from the HUI FENG #1.

Preserving pristine Coral Reefs in a remote location is no small task, but also of big importance. Global Diving & Salvage shows how it is done.  On June 19, 1991 officials with the National Oceanic and Atmospheric Administration were notified of a 121 foot long fishing vessel


Top 5 Start-Ups Present at DP World's Turn8

DP Worlds turn8

Five start-ups presented at round two of the TURN8 Seed Accelerator initiative recently, which was attended by more than 70 delegates, including investors and media professionals at the Meydan Hotel in Dubai. A DP World initiative that was launched last year


Stanford Marine Charters Out PSV

Dubai headquartered regional offshore marine business, Stanford Marine, says it has secured a 3 year contract with Mexishi  for one of its 87m Platform Supply Vessels, 'Stanford Bateleur', in Mexico. Before commencing her long term charter in Mexico


COSCO Delivers Jack-Up Rig to Asian Buyer

Courtesy COSCO

  The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Nantong) Shipyard Co., Ltd a subsidiary of the Company's 51% owned COSCO Shipyard Group Co., Ltd, has delivered one jack-up rig, “KAI XUAN YI HAO”, to its Asian buyer.


Refurbished Seajacks Vessels Leave Shipdock Amsterdam

Seajacks Leviathan (Photo: Damen)

Seajacks Leviathan and Seajacks Kraken are prepared for their coming assignments, following a series of repair and renewal jobs by Shipdock Amsterdam. The shipyard, part of Damen Shiprepair & Conversion, had been commissioned for the two jack-ups by Seajacks UK Ltd.


Saipem Awarded New Drilling Contracts of $850 mi

Logo - header

Saipem has been awarded new drilling contracts in Indonesia, Nigeria, the Arabian Gulf and Latin America worth approximately $850 million of which $540 million are related to offshore activity and refer to four different units of Saipem’s fleet.


COSCO Corporation (Singapore) announced 2Q 2014 results

COSCOs major shipyards

Singapore Exchange mainboard-listed COSCO Corporation (Singapore) Limited a leading ship repair & marine engineering and shipping group, today announced its 2nd quarter financial results for the 3 months ended 30 June 2014. Group turnover increased 28.8% to $1.1 billion in Q2 2014 from $890






 
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