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Oil Rig Work

World's Largest Crane Ship Arrives in Rotterdam

Pieter Schelte Heerema, one of the largest ships in the world with a length of more than three football fields, arrives at the port of Rotterdam for the last works before it is operational.     Pieter Schelte Heerema, one of the largest ships in the world, which is capable of lifting oil platforms weighing almost five times the weight of the Eiffel Tower, arrived Thursday in Rotterdam for the last work before it goes into service.   The nearly 400-metre (440-yard) long crane ship arrived in Europe's largest port from South Korea where it was built at DSME’s Okpo shipyard, ahead of starting work lifting rigs and laying pipelines this summer.   The vessel is 124m (407ft) wide and 382m (1,253ft) long – as long as the Empire State Building is high. Designed to assist offshore oil rigs, it reportedly cost around £1.9bn ($2.97bn) to build.   The Pieter Schelte was commissioned by Swiss company Allseas who specialize in offshore pipeline installation and subsea construction.    "The length and breadth combined cover a surface equivalent to eight football pitches," said Jeroen Hagelstein of Allseas, which owns the boat that can lift oil rigs weighing up to 48,000 tonnes.   "Usually, you have to take an oil platform in several pieces and assemble on site," says Hagelstein, "with Pieter Schelte; the platform can take one piece to install."  


Worlds Largest Rig Still Afloat

Crews managed to prevent the world's largest offshore oil rig from sinking farther into the sea on Monday, four days after explosions crippled its structure and killed 10, its Brazilian owners said. They said the 40-story platform belonging to Brazil's state oil giant Petrobras had stabilized by Monday evening after workers pumped enough water out of the submerged compartments. They are injecting nitrogen and compressed air in a bid to remove nearly 3,000 tons of water weighing down the rig.


Baker Hughes Rig Count Down 7

The number of rigs searching for oil and natural gas in the United States fell by seven to 1,225 during the week ending May 18, according to oil services firm Baker Hughes. Last year the number of U.S. rigs was 841, Baker Hughes said. Meanwhile, the number of rigs exploring for oil and gas in Canada gained 24, compared to 182 last year. The number of rigs in the U.S. Gulf of Mexico fell by four to 160, compared to 135 a year ago.


Offshore Market: Oil Prices Skyrocket but Rig Demand in the Doldrums

By Tom Marsh, ODS-Petrodata, Houston Worldwide demand for mobile offshore drilling units remains essentially flat, according to Houston-based offshore industry analyst ODS-Petrodata, although offshore drilling activity is expected to increase modestly in certain areas as the year progresses. U.S. Gulf of Mexico rig demand has fallen by eight rigs since December, but some indicators point to an increase in Gulf rig demand over the summer months


Portland Waterfront Gets Boost from Oil Rig Construction Project

Portland’s marine commercial shipbuilding industry is getting a boost thanks in part to construction of the “Pride Portland” and the “Pride Rio de Janeiro,” two huge oil rigs built by crews working for Cianbro and funded with a $342 million loan guarantee from the U.S. Maritime Administration (MARAD). Maritime Administrator Captain William G. Schubert today visited the “Amethyst Project” at the terminal where the two 12


Jindal’s 2nd Jackup – Early & Incident-Free

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Keppel FELS Limited (Keppel FELS) is set to deliver a jackup rig ahead of schedule to Virtue Drilling, an associate company of India’s Jindal Drilling & Industries (Jindal). Named in the presence of Guest-of-Honor, Dr Lee Boon Yang, Singapore’s Minister for Information, Communications and the Arts, the jackup rig Virtue I, has also achieved a clean safety record of about 2.1 million man-hours worked without incidents.


Operations Halt on West Navion

In connection with minor repair work the derrick of the drillship, West Navion, it has been uncovered cracks in the wire sheaves in the hoisting system of the dual derrick set (Ram Rig). As a result of the findings, operations on West Navion are temporarily halted. It is expected that the halt will last for another 2-3 weeks before operations are resumed. Maritime Hydraulics, the supplier of the dual derrick set, has issued a request to "All users of Maritime Hydraulics' Ram Rigs" to


Wrongful Death Lawsuit Over GOM Explosion

Attorneys with the Houston trial law firm Arnold & Itkin LLP filed a wrongful death lawsuit on behalf of the family of Aaron Dale Burkeen, one of 11 men still missing after the recent oil rig explosion in the Gulf of Mexico. A resident of Philadelphia, Miss., Burkeen worked as a crane operator on the Deepwater Horizon, a massive oil rig owned by Swiss-based Transocean Ltd. (NYSE:RIG) and operated by UK-based BP PLC (NYSE:BP) .


Keppel FELS Contracted to Build Two Semi-submersible Rigs

Keppel FELS signs contract to construct the rigs for Ukraine's National Joint-Stock Company "Naftogaz of Ukraine" (Naftogaz). The contract is worth about US$ 1.2-billion, but is dependent upon final corporate approvals. The rigs will be built to Keppel FELS' proprietary DSSTM 38U design which is customised for the Black Sea environment. The harsh weather conditions of the Black Sea include extreme freezing temperatures, storms with strong winds and heavy seas.


Drydocks World Completes Refurbishment of NDC’s Rig Al Ghallan

Rig alghallan picture

  Drydocks World, the international service provider to the shipping, maritime, offshore, oil, gas and energy sectors, announced the completion of a  major refurbishment carried out on National Drilling Company’s (NDC) Offshore Drilling Rig Al Ghallan. The project is part of a series of four rig repair and refurbishment projects signed with NDC in 2013. Before that, eight projects were completed. The numbers of projects carried out for NDC have progressively increased over the


Brent up to $61, First Monthly Gain Since July

Brent premium over U.S. crude widens to $12; China's implied oil demand set to grow 3 percent this year. Crude oil futures rebounded on Friday and Brent headed for its first monthly gain since July, helped by strong investor inflows, an improving demand outlook and supply outages.


Keppel FELS to Deliver 100th Jackup Rig

Photo courtesy of Keppel FELS

Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) is on track to deliver PV Drilling VI, a KFELS B Class jackup rig, to PV Drilling Overseas (PVDO), a subsidiary of PetroVietnam Drilling & Well Services Corp (PV Drilling) on time


Brightoil Reports Steady Growth in Interim Results

Photo: Brightoil Petroleum

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period, profit attributable to the owners of the group increased 3% year-on-year to HK$561 million


Hercules Offshore Shares Fall 33%

  Drilling contractor Hercules Offshore Inc's shares fell as much as 33 percent to a record low on Friday, a day after Deutsche Bank cut its price target on the company's stock to $0.   State-owned oil company Saudi Aramco terminated its contract for one of Hercules Offshore rigs on


BP Denied $700M in Insurance from Gulf Spill

The Texas Supreme Court on Friday ruled that BP Plc cannot claim about $700 million in insurance that was carried by offshore driller Transocean Ltd to cover the blowout of BP's Macondo well in 2010, the biggest offshore spill in U.S. history.


Keppel FELS Delivers Largest Rig to Maersk

Maersk Integrator Photo courtesy Keppel Offshore & Marine

Keppel FELS Limited has delivered the ultra-harsh jackup rig, Maersk Integrator, to Maersk Drilling, a wholly owned subsidiary of A.P. Moller - Maersk A/S, thirty days ahead of schedule, on budget and with a perfect safety record. The rig was named at a ceremony today in Keppel FELS by Ms


Maersk Drilling Names Third XLE Jack-up Rig

Photo: Maersk Drilling

Maersk Drilling’s third XL Enhanced ultra harsh environment jack-up was named Maersk Integrator by Statoil’s Executive Vice President Margareth Øvrum at a ceremony held at the Keppel FELS shipyard in Singapore Saturday morning.  


Maersk, BP Agree to 5 Year Offshore Rig Training Contract

The view into the dome simulator (Photo courtesy of Maersk Training)

Maersk has signed a five year contract with BP to provide offshore oil rig training at the virtual reality training center the company is currently building in Houston, the companies announced today. Maersk Training will provide BP with advanced training programs for offshore drilling teams at


Songa Offshore Sees Tough Year but Narrows Losses

Q4 operating loss $6.8 mln, against expected $7.3 mln loss. Norwegian rig company Songa Offshore expects a challenging 2015 amid fierce competition for fewer contracts despite reporting a slightly better than expected fourth-quarter operating loss on Friday.


BP Bid to Cut Gulf Spill fine Denied

A U.S. judge on Thursday rejected BP Plc's attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.7 billion under the federal Clean Water Act. U.S


Cold Snap has European Traders Eyeing Diesel Exports to US

Diesel and heating oil exports will increase to the United States from Europe, traders said, reversing the usual flow, as refineries on the U.S. East Coast struggle against extreme cold that has partly frozen the Delaware River.   On Friday New York heating oil's premium to European gasoil


North American Rig Counts Continue Decline

The number of U.S. oil and gas rigs declined by 48 last week, according to data released today by Baker Hughes, which shows the number of U.S. rigs is now down to 1,310, a decrease of 461 from a year ago and the lowest since January 2010.  


US Proposes First Rules for Arctic Oil, Gas Drilling

Photo: BOEM

The Obama administration on Friday proposed standards on exploratory drilling for oil and gas in U.S. Arctic waters that would add costs for energy companies but aim to protect against catastrophic spills.   The rules, proposed by the Department of Interior


Tall Ship Docked for Repairs

Tall ship Stavros S Niarchos in for general maintenance and repairs

The largest brig to be built in the U.K. in a century sailed into in a Greenock dry dock yesterday for general maintenance and essential winter repairs.   The Stavros S Niarchos has arrived at the Garvel Clyde site, which is owned by Aberdeen-based Dales Marine Services


Dryships in the Red

DryShips Inc

DryShips Inc. and through its majority owned subsidiary, Ocean Rig UDW Inc., of offshore deepwater drilling services, today announced its unaudited financial and operating results for the fourth quarter ended December 31, 2014. Fourth Quarter 2014 Financial Highlights






 
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