R&B Falcon Announces Deepwater IV Contract with Texaco

Tuesday, August 31, 1999
R&B Falcon Corporation has confirmed a three-year drilling contract with Texaco for its newbuild 10,000-ft. water depth dynamically positioned drillship Deepwater IV, as a substitute for previously contracted Peregrine VIII. Texaco expects to begin a drilling program offshore West Africa shortly after the vessel's delivery, which is scheduled for the third quarter of 2000. Steve Webster, R&B Falcon's president and CEO, stated, "We are pleased to work with Texaco on its ultra-deepwater drilling program. This contract commitment, recently following the commitment by another deepwater operator for our 5th generation ultra-deepwater semisubmersible RBS8-D, reaffirms our view of the relative strength of the deepwater sector of the offshore drilling industry. Deepwater IV, being built by Samsung Heavy Industries of Korea, is an enhanced design similar to the three Deepwater series design drillships to be delivered by Samsung. The first of these ships, Deepwater Pathfinder, was delivered on schedule and has recently begun its program in the U.S. Gulf of Mexico with Conoco. Based on the outstanding performance of Samsung with the first three ships, we are confident Deepwater IV will be delivered on time and on budget."
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

NOIA Applauds Senate Passage of OPENS Act

NOIA President Randall Luthi issued the following statement on the Senate Energy and Natural Resources Committee’s passage of the OPENS Act, which will open new

Shell Moves Ahead in Arctic with Exploratory Well

Shell Oil's icebreaker MSV Fennica weaved through nine remaining protesters hanging from the St. Johns Bridge and made its way toward the Pacific Ocean.   Authorities

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1141 sec (9 req/sec)