GlobalSantaFe's new ultra-deepwater drillship, to be constructed in Ulsan, Korea, by Hyundai Heavy Industries for delivery in 2010. GlobalSantaFe Corporation has made an agreement with Hyundai Heavy Industries, Ltd. (HHI) to build a new ultra-deepwater exploration and development drillship for delivery in September 2010. Shipyard construction costs are expected to total approximately $740m. The drillship will be constructed in Ulsan, Korea, under a turnkey agreement, which provides that HHI will contract directly with equipment suppliers and deliver the drillship to GlobalSantaFe for a fixed price. The new vessel is an enhanced version of GlobalSantaFe's highly successful GSF C.R. Luigs and GSF Jack Ryan drillships, which entered service in 2000. Like those rigs, it will be capable of drilling in water depths up to 10,000 feet and is upgradeable to 12,000 ft. In addition, the new rig will feature advanced dynamic positioning capabilities, triple activity load paths, a derrick rated for 4 million pounds, dual liquid-storage systems, larger quarters and an efficient deck design that provides significantly more space than previous-generation drillships.
Seadrill orders two new ultra-deepwater drillships for delivery in 2014 Seadrill has entered into turnkey contracts to build two new ultra-deepwater drillships at Samsung in South Korea. The construction of the drillships is scheduled for completion in the second and third quarter 2014. Total project price per drillship is estimated to be under US$600 million, which includes a turnkey contract with the yard, project management, drilling and handling tools, spares
Keppel FELS Limited (Keppel FELS) has delivered ENSCO 108, its ninth jackup rig for ENSCO International Inc (ENSCO) on schedule, within budget and with zero loss time incidents. Of this outstanding achievement, Mr Choo Chiau Beng, Chairman & CEO of Keppel Offshore & Marine, said, “Construction of ENSCO 108 was a true mark of the efficiency and precision in project design, management and execution. ENSCO 108 was named by Lady Sponsor
Keppel FELS Limited, the world leader in the construction of jackup rigs, has successfully designed and built its first KFELS MOD V “B” class ultra premium jackup drilling unit. Built for Chiles Offshore Inc. (AMEX: "COD") (CHILES), Chiles Discovery is the benchmark for a new generation of ultra premium deep-well drilling rigs. Keppel FELS received an early delivery bonus for Chiles Discovery, a testament of its excellent project management and executing capabilities
Diamond Offshore Drilling, Inc. (NYSE:DO) today announced that a subsidiary, Diamond Offshore Drilling Limited, has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for construction of a new ultra-deepwater drillship with delivery scheduled for late in the second quarter of 2013. Total cost, including commissioning, spares and project management, is expected to be approximately $590 million and will be paid out of available funds
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 norske oljeselskap ASA (Det norske) The rig, which will be named at a ceremony in Norway in October, is the second in a series of four newbuild ultra harsh environment jack-up rigs to enter Maersk
Hellespont Alhambra, the first of the series of four new ultra-high specification double hull ulccs now being delivered to Piraeus-based Hellespont Group, will deliver a full cargo of Middle East crude to Rotterdam at the beginning of February, following a swift voyage from the Middle East Gulf to Europe via the Suez Canal. Alex Papachristidis-Bove, president and co-chartering manager of Seatramp Tankers, Hellespont's commercial management, says, "It's exciting to come up
Stena Vision, a unique VLCC built by Korea's Hyundai Heavy Industries Co., Ltd. (HHI) in that it features twin-engines and twin-propellers, was recently christened at the Ulsan Shipyard. Concordia Maritime AB's new ultra-large 315,000-dwt VLCC was christened by Mrs. Karen Fidler, wife of the president of Sunoco Inc., the company that chartered the VLCC. Built for Concordia Maritime, a public tanker company of the Swedish-based Stena organization
A huge offshore oil discovery could raise Brazil's petroleum reserves by a whopping 40 percent and boost this country into the ranks of the world's major exporters, officials said according to an AP report. The government-run oil company Petroleo Brasileiro SA, or Petrobras, said the new "ultra-deep" Tupi field could hold as much as 8 billion barrels of recoverable light crude, sending Petrobras shares soaring and prompting predictions that Brazil could join the world's "top 10" oil
To be built in Ulsan, Korea, the ships will feature energy efficient reheated steam turbine engines. ABS, a provider of classification and technical services to the maritime industry, has been awarded a contract for the classification of two innovative 'Moss-type' LNG carriers to be built in Korea for Malaysia's Petroliam Nasional Bhd (Petronas). The 150,200-m3 capacity ships will the largest Moss-type units ever built at Hyundai Heavy Industry's shipyard in Ulsan, Korea
North Korea has test-fired a new a new "ultra-precision" intelligent anti-ship cruise missile demonstrating the increased capability of its naval forces. The exercise was carried out by its East Sea fleet, Pyongyang's official Korean Central News Agency (KCNA) reported
Rig contractor Diamond Offshore Drilling Inc said it expected a significant number of ultra-deepwater rigs to be idled across the industry by year-end as oil producers' capital budget is likely to be lowered by a fifth this year. The company also said it would not pay a special dividend
A delegation of Middle East maritime heavyweights including H.E. Khamis Juma Buamim, chairman & group CEO Drydocks World and Maritime World and Rashid Mohammed Al Habsi, the chief executive of Tasneef, will attend the ‘Maritime Transportation of Energy and Mediterranean Ultra Deep
Comfort is considered to be a crucial factor on board passenger ships as it largely determines passenger satisfaction, on board expenditure and passenger return levels. However, comfort is subjective as people are very different. Where one passenger complains about discomfort
Ivory Coast will seek investors in its available offshore oil acreage, including seven new ultra-deep water blocks in the Gulf of Guinea, at a promotional event in Texas next week, a senior oil ministry official said on Tuesday. The West African nation will target companies including Exxon Mobil
Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua
Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to extend a lease on two ultra-deepwater drilling ships. Petrobras, as the Brazilian oil company is known, will get the ships
Ensco plc announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.75 per Class A ordinary share payable on 19 December 2014. The ex-dividend date for this payment is expected to be 4 December 2014, with a record date of 8 December 2014.
Seabourn has announced that it has exercised its option for a second new 40,350-GRT ship to be built by Italian shipbuilder Fincantieri S.p.A. It will be a sister ship to the newbuild announced earlier this year. The first new Seabourn ship is scheduled for delivery in late 2016
Ship Finance International Limited announced that Seadrill Limited has exercised a purchase option for an ultra-deepwater drilling unit. Ship Finance acquired the West Polaris in 2008 and chartered it to a subsidiary of Seadrill on a long-term bareboat charter where Seadrill was granted
MacGregor, part of Cargotec, has received a large order from Shanghai Zhenhua Heavy Industry Co Ltd (ZPMC). The contract is for four offshore cranes, including a 400-metric-ton SWL active heave-compensated crane capable of deploying 3,000-meter of wire rope.
A 260-foot fully operational paddle wheel riverboat, recently used as a large casino, is available for sale by negotiation. Asset management company Stuart B. Millner & Associates (SBMA) said it is currently accepting offers for the vessel before making plans to sell it through an
Tauber Oil Company of Houston has become the West Calcasieu Port’s newest tenant. “Tauber Oil is a service-oriented wholesale energy marketing company with a reputation for reliable performance and untarnished character,” said Lynn Hohensee, port director
Times Navigation, Inc. has selected Ecochlor, Inc. to provide ballast water treatment systems (BWTS) for installation on a fleet of eight new CROWN63 (63,500 DWT) ultra-max bulk carriers that will be constructed at SINOPACIFIC Shipbuilding Group.
Imabari Shipbuilding Co., Ltd. announced it has secured newbuild orders with the cooperation of Marubeni Corporation for 11 units of 20,000TEU Ultra-Large Container Carriers, the largest type containerships in the world as of today. The new ships