Smedvig has entered into an agreement with Keppel Shipyard in Singapore for the purpose of building a new semi-submersible self-erecting tender rig (semi-tender). Total capital expenditure for the new semi-tender is estimated at $ 94 million, of which Smedvig's share is approximately $ 29 million. The agreement with Keppel Shipyard is based on the principle that Keppel shall build and own the the semi-submersible hull, and Smedvig shall own the derrick equipment set. Smedvig shall for a period of ten years be responsible for marketing, management and operation of the unit. The agreement includes an option for Smedvig to purchase the semi-submersible hull during the ten-year period at a pre-agreed price. The new semi-tender will be based on a similar but improved design and specification as Smedvig's West Alliance. The new unit is targeted for deepwater drilling operations in combination with floating wellhead platforms such as TLPs and Spars in benign waters. The new rig is scheduled for delivery in the third quarter 2005. Kjell E Jacobsen, CEO in Smedvig asa says: "This investment reinforces our position as the leading tender rig operator."
At the Annual General Meeting of Shareholders today, shareholders approved the name change of Sealift Ltd to Dockwise Ltd. This name change will take on July 31. The Dockwise Group of companies is an integrated heavy lift services providers. Following the recent combination with its parent company Sealift Ltd, the Dockwise Group of companies currently owns a fleet of 22 vessels, of which 17 are semi-submersible heavy transport vessels and the remaining 5 are due to be converted into
PanAtlantic commences drilling operations in Santos Basin, offshore Brazil, with semi-submersible drilling unit PanAtlantic holds deepwater exploration assets in Brazil, West Africa and the Black Sea. Vanco Brasil Exploração e Produção de Petróleo e Gás Natural Ltda., a wholly owned subsidiary of PanAtlantic Energy Group, announce that the Company has commenced drilling operations, using the GSF Arctic I semi-submersible drilling unit
Hyundai Heavy Industries (HHI) won an order to build a $240m semi-submersible heavy transportation vessel (SSHTV) from Dockwise. The vessel is specially designed to transport more than 110,000 tons of offshore oil and gas production facilities including FPSO (Floating, Production, Storage and Offloading) units. After completed, FPSO are usually transported by two or three tug boats from shipyards to operating sites, taking about months to mobilize on the sites
COSCO Corporation (Singapore) Limited announce that contracts each in excess of US$200-million for two advanced semi-submersible accommodation vessels to be constructed in China have been declared effective. The accommodation rigs are to be built by COSCO subsidiary COSCO (Qidong) Offshore who are responsible for the engineering, procurement and construction of the two semi-submersible vessels. They will be of Gusto MSC Ocean 500 design and will be equipped with 500 beds
Wärtsilä Corporation was awarded a contract in November 2005 by Yantai Raffles Shipyard in China to supply the main engines, thrusters and associated ancillary equipment for the new offshore semi-submersible platform "ORS Pioneer". Wärtsilä will deliver six Wärtsilä 32 diesel engines and motor-driven steerable thrusters together with various ancillary equipment. The main engines have a combined power of 29 MW.
Colombian Naval Forces Commander, Adm. Guillermo Enrique Barrera Hurtado met with U.S. Coast Guard Vice Commandant, Vice Adm. Vivien Crea, during his visit to Coast Guard Headquarters July 16. Among topics of discussion was a law passed in Colombia July 9 that makes all persons who finance, construct, store, commercialize, transport, procure or use semi-submersibles or submersibles with illicit intent, susceptible to fines between approximately $246,340 and $17,243
Britain is to return to the world of semi-submersible rig building for the first time in two decades as prices soar and shipyards in South Korea run out of space. SeaDragon Offshore, a newly-formed company is to take over a former vessel construction facility on Teesside to build the first in a series of three drilling units worth up to $1.5b. As many as 600 jobs could be created at the Haverton Hill Shipyard by SeaDragon which plans to float on either the London or the Oslo stock
A novel drydocking operation has commenced in Mexico, following the successful loading of the 11,220 tonnes semi-submersible rig Mata Redonda on the main deck of Zhong Ren 3, the world’s largest semi-submersible barge. Rotterdam-based ocean towage and heavy transportation specialists Fairmount Marine won the contract for the drydocking, using the 50,000 dwt Zhong Ren 3 as the platform. Fairmount President Henk van den Berg says: “The loading of Mata Redonda was performed in complete
Seadrill receives award for newbuild ultra-deepwater semi-submersible 'West Mira' with start-up in 2015 Seadrill has received a Letter of Award from Husky Oil Operations Limited for a new five-year contract for the newbuild harsh environment semi-submersible rig West Mira for operations in Canada and Greenland. Total estimated revenue potential for the contract, including mobilization and performance bonus is approximately US$1.18 billion for the five firm years
Reuters – Yangzijiang Shipbuilding Holding Ltd said its fourth-quarter net profit dropped 8 percent on the year, as income from shipbuilding decreased. Privately-controlled Yangzijiang is China's third-largest listed shipbuilder by market capitalisation
Maersk Drilling informs it has taken delivery of its first ultra deepwater drillship, 'Maersk Viking', from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. The new vessel has started its voyage to the US Gulf of Mexico where it will commence a three year contract with
Wärtsilä say they have signed a repeat integrated solution order with the COSCO (Qidong) Offshore Co.Ltd shipyard covering another DP3 Dynamically Positioned offshore accommodation rig being built for Singapore based Axis Offshore. The Wärtsilä solution includes the main power
STX Marine (STXM) announced that Gran Energia took delivery of the Compact Semi-Submersible (CSS) Olympia from MAC Offshore. STXM and partners in CSS Designs Ltd. developed the CSS design over the past five years, and said this delivery, will change the long term landscape of the Offshore
STX Marine (STXM), which split off from the STX Corporation in 2011, say they partnered with CSS Designs Ltd. for 5 years to develop the ground breaking Compact Semi-Submersible (CSS) design of the 'Olympia' which they believe will change the long term landscape of the offshore vessel market
Beacon Holdings Group say they have ordered a harsh environment semi-submersible GM4-D rig from Yantai CIMC Raffles in Singapore, with an option to build a second rig from the shipyard. The rig they have ordered has been given the name Beacon Atlantic
Beacon Holdings Group has ordered a harsh environment semi-submersible GM4-D rig from Yantai CIMC Raffles. They have also secured an option to build a second rig from the shipyard. The rig they have ordered has been given the name Beacon Atlantic
Fairmount Marine said it had delivered rig ENSCO 5004 in Malta at the end of a voyage that began offshore Rio de Janeiro. Rig ENSCO 5004 is a 1982 built 94.7 meters long and 70.4 meters wide semi-submersible drilling rig. The towage of rig ENSCO 5004 from Rio de Janeiro to Malta took about 5
Fairmount Marine say they have safely delivered the semi-submersible drilling rig ENSCO 5004 to Malta at the end of a voyage that began offshore Rio de Janeiro. The 5,782 nautical mile towage of the 94,7 meters long and 70,4 meters wide rig from from Rio de Janeiro to Malta was accomplished at
Vietnam’s first Kilo-class submarine named 'Hanoi' has arrived at the Cam Ranh Port in Khanh Hoa Province after a six week voyage from a Russian shipyard aboard the semi-submersible carrier 'Rolldock Sea', reports VietNamNet Bridge. The Kilo-636 submarine
The Petrobras’ P-55 platform, one of the strategic projects in the 2013-2017 Business and Management Plan, started-up the last Tuesday (12/31/13) in Campos Basin’s Roncador field. P-55 is part of Roncador´s field Module 3 project and will be connected to 17 wells
Light Structures, a global technology company for fiber optic monitoring and analysis systems, has won the contract to provide the Load & Fatigue Monitoring Solution for the $2.7 billion Ichthys LNG Central Processing Facility (CPF), currently under construction by Samsung Heavy Industries
Light Structures, a global technology company for fiber optic monitoring and analysis systems, has won the contract to provide the critically important Load & Fatigue Monitoring Solution for the $2.7 billion Ichthys LNG Central Processing Facility (CPF)
The company says it created history in marine and offshore operations when they lifted the 10,000-tonne topside of the first gravity base of the semi-submersible (and world’s largest offshore HVDC platform structure) 'DolWin Beta' to a height of 52.8 metres from the dock bottom.
Scana Industrier ASA has through its subsidiary Scana Propulsion recently signed new contracts: one for delivery of a propulsion systems to Kleven verft, and two more for tunnel thrusters to Nordic Yards and Guangzhou Salvage Bureau. The contracts have a total value of approx. 22 million NOK.